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

GNFT

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21:24 EDT Genfit granted orphan status for cholangiocarcinoma treatment - The FDA granted Genfit orphan status for ezurpimtrostat, its treatment of cholangiocarcinoma. Reference Link
MO

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20:28 EDT Jury decided Reynolds Vapor's Vuse Alto infringes Altria patents - Altria Group "announces that a jury in the U.S. District Court for the Middle District of North Carolina found that Reynolds Vapor Company's Vuse Alto e-vapor product infringed three patents owned by Altria Client Services. In deciding in favor of Altria, the jury awarded $95.2M in past damages through June 30, 2022. Post-trial proceedings will address ongoing damages through the expiration of Altria's patents in 2035. At trial, Altria urged the jury to find a royalty rate of 5.25%, which the jury accepted in returning its award of past damages."
PATH

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20:15 EDT Cathie Wood's ARK Investment bought 2.6M shares of UiPath today
AMLX

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20:14 EDT Amylyx announces FDA AdCom voted 7 to 2 in favor of approving AMX0035 in ALS - The company states: "Amylyx Pharmaceuticals announced that the FDA Peripheral and Central Nervous System Drugs Advisory Committee, PCNSDAC, voted 7 yes votes and 2 no votes that the available evidence of effectiveness is sufficient to support approval of AMX0035, also known as ursodoxicoltaurine, for the treatment of amyotrophic lateral sclerosis, or ALS. The PCNSDAC's decision was based on a review of all available evidence, including new analyses submitted for discussion at the September 7 meeting and the information presented at the March 30, 2022, PCNS meeting."
DGX

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19:17 EDT Quest Diagnostics' proprietary monkeypox text receives EUA from FDA - Quest Diagnostics announced that it has received emergency use authorization from the U.S. Food and Drug Administration for the company's lab-developed molecular diagnostic test to aid in the diagnosis of infection with the Monkeypox virus. The EUA is the first granted to a commercially available monkeypox test in the United States. On September 7, the Department of Health and Human Services declared that the public health emergency countermeasures now extend to monkeypox testing. "Quest is committed to developing high-quality diagnostic innovations to help respond to the monkeypox public health emergency," said Jay G. Wohlgemuth, M.D., Senior Vice President, R&D, Medical and Chief Medical Officer, Quest Diagnostics. "With this FDA emergency authorization, Quest is positioned to complement the response of public health laboratories and help fight the spread of the virus."
SSNC

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19:02 EDT ISPT selects SS&C for performance measurement - SS&C Technologies "announced that ISPT, one of the largest property fund managers in Australia, chose SS&C Sylvan for performance measurement. SS&C Sylvan was selected for its ability to process data automatically, calculate key returns, and provide robust analytical tools."
WMT PARA

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18:15 EDT Paramount+ now available for Walmart+ members - The company states: "Starting today, Walmart+ members can press play on the most anticipated benefit yet - a Paramount+ Essential subscription at no extra cost. With the launch of the Paramount+ offering, Walmart+ members will be able to stream the hottest originals and movies on Paramount+, including "Halo" the series, "Star Trek: Strange New Worlds", the "Yellowstone'' prequel "1883", "Sonic The Hedgehog," and "The Good Fight", which returns Sept. 8 for the sixth and final season. Walmart+ will remain $98 a year or $12.95 a month and include the Paramount+ Essential Plan subscription - an added $59 value. Walmart+ is reaching customers in every aspect of their daily lives. From putting dinner on the table, to the songs they listen to, and making sure gas is at a discount so that people can afford to get where they need to go."
GILD

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18:08 EDT Gilead's Trodelvy improves survival in breast cancer study - Gilead announced the positive overall survival - or OS - results from the Phase 3 TROPiCS-02 study evaluating Trodelvy versus comparator chemotherapy in patients with HR+/HER2- metastatic breast cancer who received endocrine-based therapies and at least two chemotherapies. In the study, Trodelvy demonstrated a statistically significant and clinically meaningful improvement of 3.2 months in OS compared to TPC. OS was a key secondary endpoint of the trial. Other key secondary endpoints including objective response rate demonstrated statistically significant improvement in favoring Trodelvy versus TPC. Time to deterioration of Global Health Status/Quality of Life and Fatigue scale per EORTC-QLQ-C30 also favored Trodelvy versus TPC. No statistically significant difference in TTD on the Pain Scale was observed. The safety profile for Trodelvy was consistent with prior studies, with no new safety signals identified in this patient population. The TROPiCS-02 study met its primary endpoint of progression-free survival earlier this year. Trodelvy has not been approved by any regulatory agency for the treatment of HR+/HER2- metastatic breast cancer. Its safety and efficacy have not been established for this indication. Gilead has submitted a supplemental Biologics License Application to the FDA based on data from TROPiCS-02; these data will also be shared with health authorities outside the U.S.
LLY

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18:08 EDT Eli Lilly to present data from studies of Verzenio and Retevmo at ESMO - Eli Lilly "announced that data from studies of Verzenio and Retevmo will be presented at the 2022 European Society for Medical Oncology, or ESMO Congress, to be held September 9-13, 2022. Lilly will present interim overall survival results from the double-blind, randomized Phase 3 MONARCH 3 study of Verzenio in hormone receptor-positive, human epidermal growth factor receptor 2-negative advanced breast cancer as well as final overall survival results from the Phase 2 monarcHER study in HR+, HER2+ advanced breast cancer. Lilly will also present longer-term follow-up data for patients with medullary thyroid cancer and data on the continuation of Retevmo beyond progression in patients with rearranged during transfection fusion-positive non-small cell lung cancer from the Retevmo LIBRETTO-001 trial."
EXEL

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18:06 EDT Exelixis announces Phase 3 COSMIC-313 trial results from ESMO - Exelixis "announced detailed results from COSMIC-313, an ongoing phase 3 pivotal trial evaluating the combination of cabozantinib, nivolumab and ipilimumab versus the combination of nivolumab and ipilimumab in patients with previously untreated advanced intermediate- or poor-risk renal cell carcinoma. The data, including detailed results of the primary endpoint of progression-free survival (PFS), are being presented during the Presidential Symposium III on Monday, September 12 at 4:30 p.m. CEST at the 2022 European Society of Medical Oncology (ESMO) Congress. As previously announced, the primary endpoint of PFS per Response Evaluation Criteria in Solid Tumors version 1.1, as assessed by Blinded Independent Radiology Committee (BIRC), demonstrated that cabozantinib in combination with nivolumab and ipilimumab significantly reduced the risk of disease progression or death compared with the combination of nivolumab and ipilimumab. At a prespecified interim analysis for the secondary endpoint of overall survival , the combination of cabozantinib, nivolumab and ipilimumab versus the combination of nivolumab and ipilimumab did not demonstrate a significant benefit. Therefore, the trial will continue to the next analysis of OS."
MRTX

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18:06 EDT Mirati Therapeutics presents adagrasib monotherapy, combination results - Mirati Therapeutics announced results from KRYSTAL-1, a multicohort Phase 1/2 study, evaluating adagrasib with or without cetuximab in patients with advanced CRC harboring a KRASG12C mutation. In this analysis, 44 patients received adagrasib monotherapy (600 mg twice daily) and 32 patients received the combination of adagrasib (600 mg twice daily) with full dose cetuximab, with a follow up of 20.1 months and 17.5 months, respectively. Of the evaluable patients in the adagrasib monotherapy cohort (n=43), the investigator assessed confirmed objective response rate (ORR) was 19% (8/43) and the disease control rate (DCR) was 86% (37/43). The median duration of response was 4.3 months (95% CI, 2.3-8.3) and median progression-free survival (PFS) was 5.6 months (95% CI, 4.1-8.3). Of the evaluable patients in the adagrasib plus cetuximab combination cohort (n=28), the investigator assessed confirmed ORR was 46% (13/28) and the DCR was 100% (28/28). The median DOR was 7.6 months (95% CI 5.7-NE) and median PFS was 6.9 months (95% CI, 5.4-8.1). The prognosis for patients with CRC has historically been poor in later lines of therapy with response rates of approximately 1-2% and median PFS of approximately 2 months1,2,3 in patients with late-line CRC; patients with KRASG12C-mutated CRC tend to have even worse outcomes than the broader CRC patient population. n the overall subset of patients with KRASG12C-mutated CRC evaluated in this study, adagrasib was found to be well-tolerated as a monotherapy and in combination with cetuximab. The majority of observed treatment-related adverse events (TRAEs) were grade 1-2 (59%); no grade 5 TRAEs were observed.
TRUP

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18:02 EDT Trupanion acquires Smart Paws, terms not disclosed - Trupanion announced the acquisition of Smart Paws GmbH, a rapidly-growing pet insurance provider with operations in Germany and Switzerland, on August 31. "Continental Europe is a highly attractive opportunity for Trupanion, offering high per capita spending and relatively low levels of pet insurance penetration. Through the acquisition of Smart Paws, we look forward to expanding our footprint in other key European countries," said Simon Wheeler, EVP of International at Trupanion. "In addition to being strategically positioned geographically in the European Union, the Smart Paws team brings expertise within the region's veterinary industry, which will be integral to building our presence in that market." The Smart Paws team will continue to manage and administer all of their products and membership policies and will be a part of Trupanion's international organization led by Simon Wheeler. The company does not expect any material financial impact to its 2022 financial results as a result of the acquisition. The financial terms of the transaction were not disclosed.
MATV

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17:50 EDT Mativ director buys $341K in common stock - In a regulatory filing, Mativ disclosed that its director Jeffrey Keenan bought 15K shares of common stock on September 2nd in a total transaction size of $341K.
BIIB

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17:47 EDT Biogen announces NEJM publication of phase 2 study of litifilimab in SLE/CLE - The company states: "Biogen announced that The New England Journal of Medicine, NEJM, has published a second manuscript detailing positive results from the company's two-part Phase 2 LILAC study, which evaluated litifilimab, an investigational drug, in systemic lupus erythematosus, or SLE, and cutaneous lupus erythematosus, or CLE. Results from the SLE portion of the study published today show litifilimab met the study's primary endpoint by significantly reducing total active joint count compared to placebo. Positive data from the CLE portion of the study were published in NEJM on July 28th, 2022. Biogen is currently enrolling participants into the Phase 3 TOPAZ-1 and TOPAZ-2 studies, which will evaluate the efficacy and safety of litifilimab in participants with active SLE at 269 clinical trial sites worldwide. As part of Biogen's commitment to delivering diversity in its clinical trials, enrollment targets have been set in the TOPAZ studies to achieve appropriate representation of the African American and Hispanic/Latino communities. Biogen also plans to initiate a pivotal study of litifilimab in CLE in 2022. In Part A of LILAC, litifilimab significantly reduced the total number of swollen and tender joints in participants with SLE from baseline compared to placebo over 24 weeks. This Phase 2 trial was not powered to assess secondary endpoints. In Part A, litifilimab was generally well tolerated, with most reported adverse events (AEs) rated as mild or moderate. The most common AEs reported in greater than or equal to5% of participants in the pooled litifilimab groups were diarrhea, nasopharyngitis, urinary tract infection, fall and headache. "
CABO

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17:40 EDT Cable One director Gayner acquires 500 common shares - In a regulatory filing, Cable One director Thomas Sinnickson Gayner disclosed the purchase of 500 common shares of the company on September 6 at a price of $1,106.44 per share.
BTBT...

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17:38 EDT Bit Digital earned 145.3 Bitcoins in August, up 2% month-over-month - Bit Digital announced its unaudited bitcoin and Ethereum production and corporate updates for the month of August 2022. In August 2022, the Company earned 145.3 bitcoins, a 2% increase compared to the prior month. The Company earned 0 ETH during August 2022 compared to 0.5 in the month ending July 31, 2022. Treasury holdings of BTC and ETH were 919.2 and 3,684.0 with a fair market value of approximately $18.4 million and $5.7 million, respectively, on August 31, 2022. The Company owned 38,594 bitcoin miners and 731 Ethereum miners as of August 31, 2022, with an estimated maximum total hash rate of 2.7 Exahash ("EH/s") and 0.3 Terahash ("TH/s), respectively. During the month, the Company purchased 561 M30s miners and sold 103 M21 miners. During the month of August, the Company continued to work with hosting partners to deploy miners. 29% of its currently-owned fleet, or 11,545 bitcoin miners and 0 ETH miners representing 1.04 EH/s and 0 TH/s, respectively, was deployed in North America as of August 31, 2022. The Company's ETH miners remain offline due to previously announced interruptions to certain hosting partners' operations.
PFE

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17:15 EDT Pfizer awarded $4.85B Army contract modification for Paxlovid - Pfizer was awarded a $4.85B modification to a contract for the oral therapeutic Paxlovid. Work will be performed in New York, New York, with an estimated completion date of March 31, 2023. FY22 American Rescue Plan Act funds; Coronavirus Aid, Relief, and Economic Security Act funds; Coronavirus Preparedness Response and Relief Supplemental Appropriations Act funds; and Coronavirus Response and Relief Supplemental Appropriations Act funds in the amount of $4.85B were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
CASY

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17:11 EDT Casey's General Stores still sees FY23 SSS up 4%-6% - Still sees inside margin of 40%. Expects to add approximately 80 stores in fiscal 2023, and expects to exceed our stated three year commitment of 345 units.
ARQT

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17:08 EDT Arcutis acquires Ducentis for $16M in upfront cash plus $14M in stock - Arcutis Biotherapeutics announced it has entered into an agreement to acquire Ducentis BioTherapeutics , a privately held, preclinical-stage biotechnology company focused on developing novel therapies for inflammation and autoimmune diseases. Under the terms of the share purchase agreement, Arcutis will acquire the outstanding shares of Ducentis for an upfront cash payment of approximately $16M and Arcutis stock valued at approximately $14M, as well as future contingent payments based on development and commercial success. Closing of the transaction will be subject to customary closing conditions. Ducentis' lead asset is DS-234, a fusion protein that is a highly selective and potent agonist of the CD200 receptor. CD200R is an immune-regulatory receptor that is thought to be an important immunological checkpoint with a pivotal role in the maintenance of immune tolerance. Checkpoint agonism is an emerging immunomodulatory approach that works to amplify pathways that inhibit over-active immune cells and suppress unwanted immune responses. DS-234 binds to CD200R, restoring immune homeostasis by inducing inhibitory signaling on immune cells that regulate inflammation. As of June 30 Arcutis had approximately $283M in cash, cash equivalents, and marketable securities and received over $285M from additional financings in early August. Given the early-stage nature of the DS-234 program, the Ducentis acquisition is not expected to have a material impact on Arcutis' financial plans.
JBLU

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17:07 EDT Emirates to end partnership with JetBlue on October 30 - The company states: "Our partnership with JetBlue Airways ends on 30 October 2022." Reference Link
ARQT

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17:03 EDT Arcutis to acquire Ducentis BioTherapeutics for $30M in cash, stock - Arcutis Biotherapeutics announced it has entered into an agreement to acquire Ducentis BioTherapeutics, a privately held, preclinical-stage biotechnology company focused on developing novel therapies for inflammation and autoimmune diseases. Under the terms of the share purchase agreement, Arcutis will acquire the outstanding shares of Ducentis for an upfront cash payment of approximately $16M and Arcutis stock valued at approximately $14M, as well as future contingent payments based on development and commercial success. Closing of the transaction will be subject to customary closing conditions. Ducentis' lead asset is DS-234, a fusion protein that is a highly selective and potent agonist of the CD200 receptor. CD200R is an immune-regulatory receptor that is thought to be an important immunological checkpoint with a pivotal role in the maintenance of immune tolerance. Checkpoint agonism is an emerging immunomodulatory approach that works to amplify pathways that inhibit over-active immune cells and suppress unwanted immune responses. DS-234 binds to CD200R, restoring immune homeostasis by inducing inhibitory signaling on immune cells that regulate inflammation. As of June 30, Arcutis had approximately $283M in cash, cash equivalents, and marketable securities and received over $285M from additional financings in early August. Given the early-stage nature of the DS-234 program, the Ducentis acquisition is not expected to have a material impact on Arcutis' financial plans.
MANT CG

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17:00 EDT ManTech stockholders approve acquisition by Carlyle - ManTech International Corporation (MANT) announced that its stockholders approved a proposal to adopt the merger agreement entered into between the company and Carlyle (CG) at a Special Meeting of Stockholders held on September 7, 2022. As previously announced, under the terms of the transaction, ManTech stockholders will receive $96.00 per share in cash. "We thank our stockholders for their strong support of this transaction," said ManTech Chairman, Chief Executive Officer and President Kevin M. Phillips. "We look forward to completing the transaction with Carlyle to deliver immediate and premium value to our stockholders, stronger outcomes for our customers and more opportunities for our employees." The closing of the proposed transaction remains subject to certain customary closing conditions. Pending satisfaction of such conditions, the transaction is expected to close during the week of September 12, 2022.
VCYT

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16:58 EDT Veracyte's Envisia Genomic Classifier may predict lung disease progression - The company states: "Veracyte announced new data suggesting that the Envisia Genomic Classifier can help predict which patients with interstitial lung disease, including idiopathic pulmonary fibrosis are likely to have progressive disease that declines with combination immunosuppressive therapy. These findings, shared at the European Respiratory Society International Congress 2022, are important because they show that the genomic test can help physicians make more-informed treatment decisions for their patients. The Envisia test identifies a genomic pattern of usual interstitial pneumonia, a critical factor in distinguishing IPF from non-IPF to help guide initial treatment, using tissue obtained through transbronchial biopsy. In the study, the researchers retrospectively analyzed data from 135 patients enrolled in the BRAVE trial who underwent evaluation for an undiagnosed ILD, had an EGC result and had multiple forced vital capacity measurements to assess lung function over time."
XXII

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16:46 EDT 22nd Century COO Michael Zercher to depart, - 22nd Century announced changes in its management team as the company accelerates growth in its reduced nicotine content tobacco business. The company announced that Michael Zercher, president and COO, will depart the company effective September 30. John Miller, who leads 22nd Century's tobacco business team, will assume the tobacco-related duties of the COOs role, while CEO James Mish will assume the title of corporate president.
SGLY

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16:41 EDT Singularity Future Technology CFO Tuo Pan terminated for cause - According to a regulatory filing, on August 31, 2022, Tuo Pan was terminated for cause as an employee and Chief Financial Officer of Singularity Future Technology Ltd. and from any other position at any subsidiary of the company to which she has been appointed. Pan was terminated for cause in accordance with the terms of her Employment Agreement dated November 9, 2021 and will not receive any salary or benefits from the company except those earned through August 31, 2022.
DBVT

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16:34 EDT DBV Technologies initiates Phase 3 study for peanut allergy in children - DBV Technologies announced the initiation of the Phase 3 VITESSE study using the modified Viaskin Peanut Patch, in peanut-allergic children ages 4 to 7 years. The study was initiated following exchanges with the FDA. The protocol has been submitted to study sites for subsequent Institutional Review Boards/Ethics Committees approval. The first patient screened is expected in Q4 2022 with the last patient screened by year-end 2023. The company anticipates that the topline results will read out in Q1 2025. DBV and the FDA have engaged in ongoing discussions. These interactions determined that VITESSE will evaluate the efficacy and safety of the modified Viaskin Peanut patch as a peanut allergen immunotherapy, which may potentially support a future BLA submission. The primary efficacy endpoint is the percentage of treatment responders in the active versus placebo arms at month 12. VITESSE will also evaluate the safety of the modified Viaskin Peanut patch based on overall adverse events, local site reactions and systemic allergic reactions.
BAH

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16:31 EDT Booz Allen closes ninth amendment to credit agreement - Booz Allen Hamilton Holding announced that on September 7 its wholly owned subsidiary, Booz Allen Hamilton successfully closed the ninth amendment to its credit agreement, dated as of July 31, 2012. Key updates for the refinancing include, but are not limited to, raising $2,650M under the Senior Secured Credit Facilities, reducing overall interest costs by transitioning Term Loan B balances into the Term Loan A market, extending maturities under the Company's Revolving Credit Facility and TLA for a new five-year term, and converting to a SOFR-based loan. Under the credit agreement, as amended, the Company's Revolver and TLA mature on September 7, 2027, and the Company's TLB will be extinguished. In connection with the amendment, an additional approximately $425M of the Company's TLA was borrowed with a portion of the proceeds used to prepay all of the outstanding TLB. The credit agreement, as amended, consists of a $1,000 million Revolver and $1,650M TLA. Following the amendment, the interest rate for the outstanding indebtedness of approximately $1,650M under the TLA is SOFR + 1.25%, plus a 10 basis points Credit Spread Adjustment as the Company transitions from a LIBOR-based agreement to SOFR-based subject to adjustment based on the lower of the applicable rate per annum determined pursuant to a leveraged based pricing grid and the applicable rate per annum, determined pursuant to a ratings based pricing grid , with no SOFR floor. The Company also amended the TLA amortization schedule from 5% per annum to 2.5% per annum prior to the two-year anniversary of the amendment closing date and 5% per annum thereafter. Certain other covenants and terms under the credit agreement were amended to provide for greater operational and financial flexibility to the Company.
STKS

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16:30 EDT One Group Hospitality announces $10M share repurchase authorization - The ONE Group Hospitality announced that its Board of Directors has authorized the commencement of a share repurchase program for up to $10 million of its outstanding common stock. "We have the strategies in place to be a differentiated leader in the upscale and polished casual segments and are highly confident in our long-term growth opportunities," said Emanuel "Manny" Hilario, President and CEO of The ONE Group. "This $10 million repurchase authorization enhances our ability to create value for shareholders and is made possible by our balance sheet strength and commitment to disciplined capital allocation."
GME

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16:29 EDT GameStop jumps 10% to $26.40 after Q2 earnings beat, FTX partnership
ASAN

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16:27 EDT Asana jumps 10% after Q2 earnings beat and guidance raise
NBTX LIAN

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16:25 EDT NanoBiotix, LianBio announce first patient enrolled in Asia in NANORAY-312 trial - NanoBiotix (NBTX) and LianBio (LIAN) announced randomization of the first patient in Asia in NANORAY-312, a global Phase 3 registrational trial evaluating NBTXR3 for the treatment of elderly patients with locally advanced head and neck squamous cell carcinoma ("LA-HNSCC") who are ineligible for platinum-based chemotherapy. "We believe NBTXR3 has demonstrated the potential to improve treatment outcomes in multiple solid tumor indications, including in Study 102, the Nanobiotix Phase 1 trial evaluating the product candidate for the treatment of elderly patients with locally advanced head and neck squamous cell carcinoma," said Yizhe Wang, Ph.D., Chief Executive Officer, LianBio. "We look forward to working with our clinical partners at sites across Greater China and South Korea to evaluate NBTXR3 in this difficult-to-treat patient population. With radiotherapy usage on the rise in Asia, we believe NBTXR3 may become an important part of the treatment landscape for patients with cancer in the region."
ATUS

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16:24 EDT Altice USA names Dennis Mathew as CEO - Altice USA "announces that its Board of Directors has appointed Dennis Mathew to the position of CEO, effective October 3, 2022. Mr. Mathew assumes the CEO role from Dexter Goei who has been named Executive Chairman of the Board of Directors, also effective October 3, 2022. All of Mr. Goei's direct reports will report to Mr. Mathew on the effective date. Founder and current Chairman of the Board, Patrick Drahi, will remain a Director of the Board."
OLO

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16:24 EDT Olo announces $100M share repurchase program - Olo announced that its board of directors authorized a share repurchase program for up to $100,000,000 of the Company's Class A common stock. The authorization to repurchase has no expiration date and will be executed consistent with the Company's capital allocation strategy, which will continue to prioritize long-term growth while balancing profitability. "This repurchase program is a clear sign of our conviction in Olo's growth opportunity ahead and the strength of Olo's balance sheet," said Olo's Founder and CEO, Noah Glass. "We believe in prioritizing and balancing capital allocation to maximize value for our shareholders, and I believe this initiative supports that objective."
USX

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16:24 EDT U.S. Xpress backs FY22 capital expenditures view roughly $150M - U.S. Xpress Enterprises said it is experiencing an increase in insurance and claims expense as claim settlements have accelerated and courts work to clear the backlog of cases which were delayed during the pandemic. Based on the quarter-to-date, the Company expects approximately $15.0 million in additional insurance and claims expense, primarily driven by one large claim, in its third quarter financial results as compared to its 2022 second quarter financial results. The Company continues to expect capital expenditures, net of proceeds to be approximately $150.0 million for 2022. However, the Company is targeting net capital expenditures of less than $100 million for 2023 as it implements a revised trade cycle management initiative and reduces software development costs. The 2023 net capital expenditure expectation assumes scheduled deliveries and trades for the balance of 2022 remain on schedule. The Company continues to expect $18 million of interest expense for the full year 2022.
USX

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16:23 EDT U.S. Xpress announces realignment plan, identifies 'personnel efficiencies' - U.S. Xpress Enterprises announced a realignment plan focused on improving operating profitability and cash flow as well as reducing balance sheet leverage. Justin Harness will lead both the operational and commercial functions of the OTR and Brokerage businesses, serving as President of Highway Services. Brandon Danneffel who most recently served as Senior Vice President of Brokerage, will replace Mr. Harness, as the President of Dedicated. Prior to joining U.S. Xpress, Mr. Danneffel worked at Whirlpool Corporation where he held roles of increasing responsibility across operations, merchandising, sales, and marketing. As part of the realignment plan, the Company has identified significant personnel efficiencies as a result of eliminating organizational overlaps and duplicative functions. In total, these efficiencies are expected to reduce annualized wage costs by approximately $20.0 million beginning in the fourth quarter of 2022. The Company expects to incur severance related charges due to this workforce reduction initiative of $0.6 million in its third quarter financial results. In connection with this workforce reduction initiative and the ongoing impact of remote work, the Company is undergoing a real estate footprint rationalization focused on divestitures of non-core real estate holdings. During the third quarter, the Company terminated the lease agreement for its Atlanta office and expects to incur a charge of $1.2 million related to this action in its third quarter financial results. The Company expects to generate annualized savings of approximately $2.0 million from the lease termination beginning in the fourth quarter. The Company is reviewing additional divestiture opportunities in its real estate portfolio with the intent to use any proceeds from these divestitures to pay down outstanding debt. Finally, the Company has eliminated approximately $3.0 million in additional annualized costs from all other areas of the business. In total, with the combination of personnel savings, savings from the real estate consolidation, and other cost reductions just mentioned, the Company has eliminated approximately $25.0 million in annualized costs.
LOB

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16:23 EDT Live Oak Bancshares to invest $25M, add 204 jobs over next five years - Live Oak Bank committed to adding 204 jobs over the next five years and investing $25M in campus expansions thanks in part to three investment grants given by the State of North Carolina, New Hanover County and the city of Wilmington. The state and local grants, totaling more than $2M, are expected to be received over 5 to 12 years. Live Oak intends to hire employees with an average salary of more than $101,000. Newly created positions will include analysts, underwriters, lending staff, technology managers, information security professionals and other personnel. This creates more than $20M in annual payroll impact for the region.
SILK

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16:22 EDT Silk Road announces 1st patient enrolled in post approval study of TCAR - Silk Road Medica announced enrollment of the first patient in ROADSTER 3, the first prospective, multi-center, single-arm study to assess real-world treatment of standard surgical risk patients with carotid artery disease using TCAR. The procedure was performed by Dr. Animesh Rathore at Sentara Norfolk General Hospital in Norfolk, VA. ROADSTER 3 is a post-approval study designed to prospectively evaluate real world use of TCAR among SSR patients and will enroll a maximum of 400 per protocol patients across up to 60 sites. The primary endpoints include a hierarchical composite of major adverse events through 30 days post-procedure, plus ipsilateral stroke from day 31 to 365 post-procedure. The incidence of cranial nerve injury within 30 days post-procedure is a key secondary endpoint. With the enrollment of the first patient, the launch of the ROADSTER 3 study achieves the first of a series of milestones set forth by the FDA's post-approval requirements. "The successful enrollment of the first patient in ROADSTER 3 by Dr. Rathore and the team at Sentara Norfolk General Hospital represents a significant milestone in our efforts to extend the body of clinical evidence supporting TCAR in this expanded patient population," said Erica Rogers, President and Chief Executive Officer ofSilk Road Medical. "Our goal with the study is to confirm the safety and efficacy of TCAR in a prospective real-world standard surgical risk patient population to firmly establish this less invasive treatment option for all carotid stenosis patients."
AEO

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16:22 EDT American Eagle says demand trends remain difficult QTD - The company said, "Quarter-to-date, demand trends remain difficult, with brand revenue down in the high-single digits following exceptional growth and a record Back-to-School season last year. Assuming current trends continue, the third quarter gross-margin rate would be in the mid-30s and fourth quarter in the low-30s. This reflects higher markdowns in anticipation of a more promotional retail environment and the company's seasonal clearance cadence which is more weighted to the fourth quarter. Management has expanded expense cuts with a focus on store payroll, corporate expense, professional services and advertising. These actions are now expected to drive $100 million in annualized expense reductions to plan, compared to our prior target of $60 million. This translates to SG&A dollars remaining relatively flat to last year in the second half, compared to prior guidance for low-to-mid-single digit growth."
PONO

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16:22 EDT Aerwins to become public through Pono Capital merger agreement - Pono Capital announced the execution of a definitive agreement and plan of merger with Aerwins Technologies, a Delaware corporation, the parent company of A.L.I. Technologies, a Japanese corporation. Pursuant to the merger agreement, it is intended that Aerwins will merger with Pono Merger Sub, a wholly owned subsidiary of Pono, with Aerwins continuing as the surviving corporation as a wholly owned subsidiary of Pono, with shareholders of Aerwins receiving shares of Class A Common Stock of Pono. In connection with the merger, it is expected that Aerwins will change its name to "Aerwins Technologies" and that Pono will then change its name to "Aerwins Technologies, Inc." The transaction values Aerwins at $600M, which is expected to result in a combined pro forma equity value of approximately $750M, assuming no redemptions in the business combination. The cash proceeds raised in the transaction, after any redemptions and payment of transaction expenses, are currently anticipated to be used for product manufacturing, to fund company operations, support its growth and for general company operating purposes. Assuming no redemptions by Pono stockholders, it is estimated that the current stockholders of Aerwins will own approximately 80% of the issued and outstanding shares of the combined company at closing. The boards of directors of Aerwins and Pono have unanimously approved the merger agreement and the proposed transactions. The closing of the merger and related transactions are subject to approval by Pono stockholders, and are also subject to other customary closing conditions, including the U.S. Securities and Exchange Commission declaring Pono's registration statement effective and the expiration of the applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. It is currently expected that the transaction will close in the fourth quarter or the first quarter of 2023, assuming such closing conditions are met.
TOL EQR

Hot Stocks

16:19 EDT Toll Brothers, Equity Residential team on Dallas-Fort Worth rental communities - Toll Brothers (TOL) through its Toll Brothers Apartment Livin rental division, and Equity Residential (EQR), announced plans to develop three new luxury rental communities totaling 1,053 units in the Dallas-Fort Worth metropolitan area. These projects represent the first three joint ventures under the strategic relationship that Toll Brothers and Equity Residential established in 2021. Through the partnership, the parties initially intend to focus on selectively acquiring and developing sites for apartment rental communities in specific metro markets, including Dallas-Fort Worth, where both parties have a significant or growing presence. Under the partnership, Equity Residential has committed to invest 75% of the equity for each selected project and Toll Brothers will invest 25%. It is expected that each project will also be financed with approximately 60% leverage. Equity Residential will have the option to acquire each property upon stabilization. The parties have targeted an initial minimum co-investment of approximately $750 million in combined equity, or nearly $1.9 billion capacity, assuming 60% leverage.
SKIL

Hot Stocks

16:18 EDT Skillsoft authorizes up to $30M share buyback - Skillsoft said its Board of Directors has authorized Skillsoft to repurchase up to $30 million of its Class A common stock. Under the program, Skillsoft may purchase shares in the open market, in private negotiated transactions, or by other means from time to time. The timing and amount of any shares purchased will be based upon a variety of factors, including the share price of Class A common stock, general market conditions, alternative uses for capital, Skillsoft's financial performance, and other considerations. The share repurchase program does not obligate Skillsoft to purchase any minimum number of shares, and the program may be suspended, modified, or discontinued at any time without prior notice.
ERAS

Hot Stocks

16:17 EDT Erasca announces preliminary ERAS-007, ERAS-601 data - Erasca announced preliminary Phase 1/1b monotherapy data for ERK1/2 inhibitor ERAS-007 and SHP2 inhibitor ERAS-601 in BRAF-driven and RAS/MAPK-altered solid tumors. A retrospective pooled analysis of all trials evaluating ERAS-007 or ERAS-601 in advanced solid tumors was performed that included Erasca's ongoing HERKULES-1 and FLAGSHP-1 trials and Asana BioSciences' previously completed ASN007-101 trial. The analysis was designed to identify responsive subsets that were particularly sensitive to ERAS-007 or ERAS-601 for prioritized combination development within indications of high unmet medical need where no approved targeted therapies are available. Patients with solid tumors with RAS/MAPK alterations were segmented into two groups based on differing levels of responsiveness to monotherapy inhibition and differences in RAS/MAPK pathway reactivation: patients with colorectal cancer, or CRC, and two patients with non-CRC. Key findings from the retrospective pooled interim analysis of ERAS-007 and ERAS-601 include: 23% of patients with RAS/MAPK-altered non-CRC solid tumors responded to single agent ERAS-007 or ERAS-601; 44% with a subset of BRAF-driven non-CRC solid tumors responded to single agent ERAS-007 or ERAS-601; ERAS-007 and ERAS-601 had favorable safety and tolerability monotherapy profiles with largely non-overlapping treatment-related adverse events that are expected to be monitorable and manageable at the likely recommended combination doses.
VRNT

Hot Stocks

16:15 EDT Verint names Grant Highlander next CFO - Verint Systems announced a succession plan under which Grant Highlander will succeed Douglas Robinson as Chief Financial Officer of the company during the fourth quarter of the current fiscal year (ending January 31, 2023) on a specific date to be determined. Mr. Robinson is expected to remain with the company in an advisory role, reporting to the CEO, following the effective date to help ensure a seamless transition. "We are extremely pleased to elevate Grant as Verint's next CFO," said Dan Bodner, Verint's Chief Executive Officer. "Grant has more than 20 years of experience in financial operations. He joined Verint seven years ago and has played a leading role in our cloud transformation."
GME

Hot Stocks

16:12 EDT GameStop forms partnership with FTX - GameStop announced that it has entered into a partnership with FTX US. The partnership is intended to introduce more GameStop customers to FTX's community and its marketplaces for digital assets. In addition to collaborating with FTX on new ecommerce and online marketing initiatives, GameStop will begin carrying FTX gift cards in select stores. During the term of the partnership, GameStop will be FTX's preferred retail partner in the United States. The financial terms of the partnership are not being disclosed.
REXR

Hot Stocks

16:10 EDT Rexford Industrial announces $339M of acquisitions - Rexford Industrial acquired seven industrial properties for an aggregate purchase price of $338.9M. The purchases were funded using a combination of cash on hand and the company's line of credit. In July, August and September, the company acquired the following: a property located within the LA - South Bay submarket for $34.6M or $213 per land square foot. The company intends to redevelop the 3.7-acre site into an industrial outdoor storage yard. Two properties within the LA - South Bay submarket for $26.1M, or $245 per land square foot. The company intends to redevelop the site into a best-in-class low coverage logistics facility. The investment generates an initial 2.7% unlevered cash yield and is projected to grow to an unlevered stabilized cash yield on total investment of 5.1%. A property located within the LA - South Bay submarket for $24.2M, or $473 per square foot. The investment is projected to generate a 4.2% unlevered stabilized cash yield on total investment. A property within the LA - South Bay submarket for $20.0M, or $146 per land square foot. The company intends to redevelop the fully occupied, industrial-zoned land site with a new 74,000 square foot Class-A industrial building. The investment generates an initial 4.3% unlevered cash yield and is projected to grow to a 5.0% unlevered stabilized cash yield on total investment. A property within the LA - South Bay submarket for $100.0M, or $271 per land square foot. The investment generates an initial 4.1% unlevered cash yield on total investment, growing over time by 4.0% annual contractual increases. Two properties within the LA - Central submarket for $91.5M, or $501 per square foot. The company intends to drive accretive cash flow growth through the renewal of existing tenants or the re-lease following a value-add repositioning plan. The investment generates an initial 2.4% unlevered cash yield and is projected to grow to a 4.8% unlevered stabilized cash yield on total investment. A three-building industrial portfolio in the City of Industry within the San Gabriel Valley submarket for $42.5M, or $374 per square foot. The initial 2.4% unlevered cash yield is projected to grow to an unlevered stabilized cash yield on total investment of 5.5%.
PLAY

Hot Stocks

16:09 EDT Dave & Buster's provides update on first five weeks of Q3 - The company said, "The Company's business has continued to improve through the first five weeks of the third quarter, during which comparable store sales on a consolidated basis increased 22.1% with increases of 17.6% at Dave & Buster's branded stores and 42.3% at Main Event branded stores compared with the same period in 2019. Consolidated walk-in comparable store sales increased 24.7% while Special Event comparable store sales declined 4.2% for the five-week period compared with 2019. At Dave & Buster's branded stores, walk-in comparable store sales increased 20.0% while Special Event comparable store sales declined 11.9% for the five-week period compared with 2019. At Main Event branded stores, walk-in comparable store sales increased 48.9% while Special Event comparable store sales increased 9.3% for the five-week period compared with 2019."
TMUS AAPL

Hot Stocks

16:08 EDT T-Mobile says to offer new iPhone 14 lineup - The company states: "T-Mobile (TMUS) will offer the most advanced iPhone lineup ever: iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max. On T-Mobile's most popular plan, Magenta MAX, new and existing customers can get iPhone 14 Pro On Us with trade-in plus Apple TV+ included. iPhone 14 and iPhone 14 Plus feature a durable and sophisticated design with a 6.1-inch and a new, larger 6.7-inch display size, impressive camera upgrades, groundbreaking new safety capabilities, 5G, and amazing battery life. iPhone 14 Pro and iPhone 14 Pro Max deliver the most advanced pro lineup ever, including Dynamic Island, Always-On display, incredible camera upgrades like the first-ever 48MP Main camera on iPhone, the same groundbreaking new safety capabilities, powerful A16 Bionic chip, 5G, and all-day battery life."
HCAT

Hot Stocks

16:05 EDT Health Catalyst announces new leadership appointments in strategic areas - Health Catalyst announced three new leadership assignments in support of its strategic focus areas moving forward. This strategic focus includes the appointment of the company's current Chief Revenue Officer, Kevin Freeman, as Chief Growth Officer, and current Chief Brand and Communications Officer, Tarah Neujahr Bryan, as Chief Marketing Officer, effective September 7. Kevin Freeman came to Health Catalyst in 2020 as part of the Vitalware acquisition. Tarah Neujahr Bryan joined Health Catalyst in 2013 and has served as Editorial Director, Senior Vice President of Marketing, and Chief Brand and Communications Officer. Prior to joining Health Catalyst, Tarah served as the Marketing Communications Director and the Foundation Executive Director at a community hospital, managed at an advertising agency, was the Editor and Operations Manager at an archaeology firm, and provided triage assistance and patient admissions at a Level-II Trauma Center. Health Catalyst has also named Dave Ross, current Associate Chief Technology Officer, as Chief Technology Officer, also effective September 7. Dave Ross joined Health Catalyst in 2021 as part of the Twistle acquisition, and was previously the Chief Technology Officer and Co-Founder of Twistle, leading all product development and engineering activities for over ten years prior to Twistle being acquired by Health Catalyst.
SUI

Hot Stocks

16:04 EDT Sun Communities announces Bruce Thelen to assume COO role - Sun Communities announced that effective December 31, Bruce Thelen, current executive VP of operations and sales, will assume the role of COO. Also on December 31, Gary Shiffman, the company's current CEO, will assume the role of president, and John McLaren, the company's current president and COO, will remain as executive VP and concentrate on entitling and integrating new MH developments.
GSAT

Hot Stocks

15:31 EDT Globalstar reverses lower, down 3% in late-day trading - Shares of Globalstar (GSAT), which had been higher after the stock reopened for trading, are now down 6c, or 3%, to $2.03 near 3:30 pm ET.
SNAP

Hot Stocks

15:18 EDT Snap up 6% after Verge report on CEO projections in memo to staff
VZ

Hot Stocks

15:01 EDT Verizon announces 'One Unlimited for iPhone' - Verizon (VZ) announced it is introducing "One Unlimited for iPhone," which it calls the "only plan that gets you Apple One, including Apple Music, Apple TV+, Apple Arcade and iCloud+ - all shareable with your whole family." Verizon stated: "Starting at just $50 per line, per month for four lines with Auto Pay and paper-free billing, plus taxes and fees, get up to $480 in annual value for your whole family with One Unlimited for iPhone and a connected device. Get Apple One individual plan with single-line accounts and Apple One Family for accounts with two or more lines that lets you share private Apple One access with up to five other family members. Plus, with up to 50% off connected device plans, new and existing customers can add an Apple Watch or iPad to their account and enjoy their Apple favorites and One Unlimited for iPhone across all devices."
DISH AAPL

Hot Stocks

14:52 EDT Dish up 4% as analyst says band 70 spectrum in new iPhones - Walter Piecyk, an analyst at LightShed Partners, tweeted: "Now here's a big surprise. $DISH band 70 spectrum is in all the new iPhones. Wow. $AAPL" In afternoon trading following Apple's iPhone unveiling event, Dish Network (DISH) shares are up 73c, or 4%, to $17.39. Reference Link
GSAT AAPL

Hot Stocks

14:50 EDT Globalstar up 17% after confirming Apple satellite partnership - Shares of Globalstar (GSAT) have resumed trading and are up 35c, or 17%, to $2.44 after the company disclosed that partner Apple (AAPL) announced new satellite-enabled services for certain of its products and that Globalstar will be the satellite operator for the services.
GSAT

Hot Stocks

14:45 EDT Globalstar trading resumes
AAPL

Hot Stocks

14:37 EDT Apple says Fitness+ available to iPhone users in 21 countries later this fall - Apple announced that Apple Fitness+, its fitness and wellness service, will be available for all iPhone users to subscribe to, even if they don't have an Apple Watch. "The update will be available later this fall in all 21 countries where the service is offered. On Monday, September 12, Fitness+ will introduce the fourth season of Time to Walk featuring new guests, including award-winning actor Regina Hall, Latin Grammy winner Nicky Jam, and Emmy Award-winning performer Leslie Jordan. Time to RunSM will kick off its second season exploring new locations such as Yellowstone National Park in Wyoming, Mexico City, and Queenstown, New Zealand. That same day, Fitness+ will also launch the latest Artist Spotlight series with workouts featuring the music of Mary J. Blige, The Rolling Stones, and The Weeknd," Apple said.
AAPL

Hot Stocks

14:36 EDT Apple says iPhone 14 available September 16, iPhone 14 Plus coming October 7 - Apple introduced iPhone 14 and iPhone 14 Plus, featuring two sizes - 6.1 inches and 6.7 inches - in "a sophisticated design with impressive camera upgrades and groundbreaking new safety capabilities." Apple said: "iPhone 14 and iPhone 14 Plus take stunning photos and video with a powerful camera system featuring new Main and front TrueDepth cameras, the Ultra Wide camera for unique perspectives, and Photonic Engine - an enhanced image pipeline. Both models include the A15 Bionic chip with a 5-core GPU, which offers incredible performance and efficiency for demanding workloads, and is designed with privacy and security built in. iPhone 14 and iPhone 14 Plus introduce critical safety capabilities such as Crash Detection and Emergency SOS via satellite, a first in the industry. And with amazing battery life, industry-leading durability features, and super-fast 5G, this iPhone lineup is more advanced than ever before. iPhone 14 and iPhone 14 Plus will be available in midnight, blue, starlight, purple, and (PRODUCT)RED1 finishes. Pre-orders begin Friday, September 9, with availability for iPhone 14 beginning Friday, September 16, and availability for iPhone 14 Plus beginning Friday, October 7." Emergency SOS via satellite will be available starting in the US and Canada in November, and the service will be included for free for two years with the activation of iPhone 14 and iPhone 14 Plus. Customers can get iPhone 14 for $33.29 a month for 24 months or $799 in the U.S. before trade-in, and iPhone 14 Plus for $37.45 a month for 24 months or $899 in the U.S. before trade-in.
AAPL

Hot Stocks

14:35 EDT Apple says second generation AirPods Pro available on September 9 - Apple announced the second generation of AirPods Pro, the most advanced AirPods ever. "With the power of the new H2 chip, AirPods Pro unlock breakthrough audio performance - including major upgrades to Active Noise Cancellation and Transparency mode - while also offering a unique way to experience Spatial Audio that's even more immersive." AirPods Pro will be available to order online and in the Apple Store app starting Friday, September 9, with availability in stores beginning Friday, September 23.
AAPL

Hot Stocks

14:33 EDT Apple says iPhone 14 Pro, iPhone 14 Pro Max available on September 16 - Apple announced iPhone 14 Pro and iPhone 14 Pro Max, which it calls "the most advanced Pro lineup ever, featuring the Dynamic Island - a new design that introduces an intuitive way to experience iPhone - and the Always-On display." Apple said: "Powered by A16 Bionic, the fastest chip ever in a smartphone, iPhone 14 Pro introduces a new class of pro camera system, with the first-ever 48MP Main camera on iPhone featuring a quad-pixel sensor, and Photonic Engine, an enhanced image pipeline that dramatically improves low-light photos. These groundbreaking advancements make iPhone even more indispensable for everyday tasks, creative projects, and now even emergency situations with features such as Emergency SOS via satellite and Crash Detection." iPhone 14 Pro and iPhone 14 Pro Max will be available in four new finishes: deep purple, silver, gold, and space black. Pre-orders begin Friday, September 9, with availability beginning Friday, September 16. iPhone 14 Pro and iPhone 14 Pro Max will be available in Malaysia, Turkey, and 20 other countries and regions beginning Friday, September 23. Customers can get iPhone 14 Pro for $41.62 a month for 24 months or $999 in the U.S. before trade-in, and iPhone 14 Pro Max for $45.79 a month for 24 months or $1,099 in the U.S. before trade-in.
AAPL

Hot Stocks

14:33 EDT Apple announces Apple Watch Series 8, Apple Watch SE - Apple introduced Apple Watch Series 8 and the new Apple Watch SE. Apple Watch Series 8 features the design of Apple Watch, including a large, Always-On Retina display and a strong crack-resistant front crystal. "With all-day 18-hour battery life, Apple Watch Series 8 builds on best-in-class health and safety features like the ECG app and fall detection by introducing temperature-sensing capabilities, retrospective ovulation estimates, Crash Detection, and international roaming. The new Apple Watch SE delivers the core Apple Watch experience, including Activity tracking, high and low heart rate notifications, and Emergency SOS, as well as the new Crash Detection feature and a completely redesigned back case that perfectly matches the three classic case finishes, all at a more affordable price of $249." Both models are powered by watchOS 9.
AAPL

Hot Stocks

14:32 EDT Apple says iPhone 14 Pro starts at $999, Pro Max starts at $1,099 - Says iPhone 14 Pro comes with most advanced display of any iPhone. Says new lock screen has more customization features. Says iPhone 14 Pro powered by A16 bionic chip. Says Pro gets 48-pixel camera sensor. Says iPhone 14 Pro and Pro Max available September 16.
IRDM...

Hot Stocks

14:21 EDT Iridium falls 7% to $43.82 after Globalstar partners with Apple
DIS

Hot Stocks

14:19 EDT Disney CFO says ESPN 'a great business,' 'fully integrated' into offerings - Asked about ESPN at the Bank of America Media, Communications and Entertainment conference, Disney CFO Christine McCarthy said: "ESPN, it's funny, back -- a few years back, it was the only thing people wanted to talk about was ESPN. And then we get into Disney+. And they only want to talk about Disney+. Now we've got a lot of different things we want to talk about. ESPN did come back in the spotlight when Third Point put out a letter suggesting that perhaps it's better spun off. As a management team, we always look at our assets and look at them, is our portfolio made up of the right group of assets? Are we leveraging things across the business so it's more than just a stand-alone business kind of barnacled on to a larger company. ESPN is a great business, and it is fully integrated into how we think about delivering entertainment and compelling content to consumers. So when you think about it, sports, live sports very compelling. You mentioned advertising. Right now, with -- and some of it's seasonal, but we're in college football that just kicked off. We've got Monday night football. We've got the Disney+ AVOD coming up. There's a lot of enthusiasm around things, but a lot of it is sports related. The U.S. Open is playing right now. It's on ESPN. That's doing really well, different kind of outcome, I think, than a lot of people were hoping for, but still some compelling stories. And so we look at ESPN as being part of our overall portfolio. That being said, we always look at are there other alternatives where we would be better off doing something different. And we've gone down that route very deliberately and rigorously with my finance team and strategy teams. And we like the hand we have with ESPN and the way we have integrated it into our product offerings."
AAPL

Hot Stocks

14:14 EDT Apple says iPhone 14 Pro comes with 'Dynamic Island' - Says iPhone 14 Pro comes with Dynamic Island, which comes at the top of the screen and expands to fit the nature of any alert or notification. Says Dynamic Island always live and active.
GSAT AAPL

Hot Stocks

14:12 EDT Globalstar says Apple warrants allow it to buy up to 2.64% of outstanding stock - In a regulatory filing, Globalstar (GSAT) said its partnership agreements with Apple (AAPL) provide that Apple may elect to receive warrants to purchase up to 2.64% of the company's outstanding common stock, to be calculated on a fully diluted basis on the date partner begins providing the services, at a blended exercise price of $1.01, which is based on the price of Globalstar common stock on the dates of certain past milestones provided under the partnership agreements. Apple "is under no obligation to receive the warrants or to exercise them," the filing stated. In addition, partner Apple has the right, but not the obligation, to participate in certain issuances of the company's equity securities, in order to maintain its percentage interest in the company, Globalstar stated.
GSAT AAPL

Hot Stocks

14:12 EDT Globalstar to abandon Duplex assets with Apple partnership - As previously disclosed, Globalstar (GSAT) has been evaluating the continuation of second-generation Duplex services in light of other potential uses for the company's capacity, such as those within the partnership agreements. In early 2021, the company terminated its second-generation Duplex services to support extended testing of the services to a partner; however, such termination was considered temporary unless or until the partner announced its intent to proceed with launch of the services. Due to this shift in strategy triggered by today's Apple (AAPL) announcement, Globalstar intends to abandon its second-generation Duplex assets, including gateway property, prepaid licenses and royalties, and inventory totaling approximately $175M.
AAPL

Hot Stocks

14:11 EDT Apple unveils iPhone 14 Pro lineup - Says iPhone 14 Pro comes in space black, silver, gold, deep purple. Says Pro comes with new TrueDepth camera.
GSAT AAPL

Hot Stocks

14:08 EDT Globalstar says will be satellite operator for Apple satellite-enabled services - In a regulatory filing, Globalstar (GSAT) disclosed that on September 7, Apple Inc. (AAPL), which the company identifies as its "partner," announced new satellite-enabled services for certain of its products. Globalstar will be the satellite operator for the services pursuant to the terms agreement first disclosed in the company's Form 10-K for the year ended December 31, 2019, and certain related ancillary agreements. The services constitute the potential service described in the company's previous disclosure about the terms agreement, Globalstar said in the filing. "Since execution of the Terms agreement, the parties have completed several milestones including (i) a feasibility phase, (ii) material upgrades to Globalstar's ground network to enhance redundancy and coverage, (iii) construction of 10 new gateways around the world, (iv) the successful launch of the ground spare satellite, and (v) rigorous in-field system testing. The Partnership Agreements generally require Globalstar to allocate network capacity to support the Services and provide for the inclusion of Globalstar's Band 53/n53 in Partner's cellular-enabled devices that use the Services, for use by third parties, subject to certain terms and conditions. It is currently expected that Partner will make the Services available to customers during the fourth quarter of 2022. There is no assurance that the Service Launch will occur or, if it does occur, that the Services and the revenues and other consideration expected to be received under the Partnership Agreements will be fully realized or will continue," the filing stated.
AAPL

Hot Stocks

14:07 EDT Apple says iPhone 14 starts at $799, 14 Plus starts at $899 - Says Emergency SOS feature free with iPhone 14 for two years and will be available starting in November. Says iPhone 14 available September 16, 14 Plus available October 7.
GSAT AAPL

Hot Stocks

14:03 EDT Globalstar halted for news as Apple discusses iPhone satellite connectivity - Apple (AAPL) said during its launch event that iPhone 14 comes with new safety features, including Emergency SOS via satellite. Globalstar (GSAT) shares have been halted for trading, news pending, while Apple continues its iPhone launch event.
AAPL

Hot Stocks

14:02 EDT Apple says iPhone 14 comes with Emergency SOS via satellite feature - Says iPhone 14 camera comes with many upgrades. Says iPhone 14 comes with improved 5G connectivity. Says iPhone 14 will use eSIM, with no sim tray in U.S. models. Says iPhone 14 comes with new safety features, including Emergency SOS via satellite.
GSAT

Hot Stocks

13:53 EDT Globalstar trading halted, news pending
AAPL

Hot Stocks

13:51 EDT Apple says iPhone 14 Plus comes in 6.7 inch size - Says iPhone 14 comes with 6.1 inch size, 14 plus at 6.7 inches. Says with 2M-1 contrast ratio, Apple-custom OLED screen, HDR, Dolby Vision, and wide color gamut. Says iPhone 14 has all day battery life, with 14 Plus having "best battery life ever in an iPhone." Says new iPhones come with A15 Bionic chip.
AAPL

Hot Stocks

13:49 EDT Apple unveils iPhone 14, 14 Plus - Says new iPhones come with larger displays.
AAPL

Hot Stocks

13:48 EDT Apple says new AirPods Pro priced at $249, available September 23 - Says new AirPods Pro come with adaptive transparency, which reduces high-decibel environmental noise. Says new AirPods Pro come with touch control and even longer battery life, with up to 6 hours of listening time from single charge. Says AirPods Pro can each play a sound using U1 technology.
VERU

Hot Stocks

13:47 EDT Veru says FDA Advisory Committee to review sabizabulin EUA request on Oct. 6 - Veru announced that the U.S. Food and Drug Administration has informed the company that FDA's Pulmonary-Allergy Drugs Advisory Committee will meet to discuss the company's request for Emergency Use Authorization of sabizabulin for hospitalized COVID-19 patients at high risk for ARDS. The meeting is scheduled for October 6. "The FDA has now completed the audits of selected Phase 3 clinical sites in the United States and now Brazil and Bulgaria and no deficiencies were reported to us. The FDA informed us today that they intend to convene an Advisory Committee Meeting to discuss the emergency use authorization for sabizabulin. We are looking forward to advancing the regulatory review process for the use of sabizabulin for the treatment of hospitalized moderate to severe COVID-19 patients at high risk for ARDS," said Mitchell Steiner, M.D., Chairman, President, and CEO of Veru.
AAPL

Hot Stocks

13:42 EDT Apple unveils new AirPods Pro - Says new AirPods come with H2 chip with high-bandwidth connectivity for "exceptional sound quality."
AAPL

Hot Stocks

13:42 EDT Apple announces Apple Watch Ultra, priced at $799 in U.S. - Apple announced Apple Watch Ultra, which it said "brings a new bold design and a wide range of features built for endurance, exploration, and adventure." Apple said: "Apple Watch Ultra introduces a 49mm titanium case and flat sapphire front crystal that reveals the biggest and brightest Apple Watch display yet. A customizable Action button offers instant access to a wide range of useful features. Apple Watch Ultra has the best battery life of any Apple Watch, reaching up to 36 hours during normal use.1 Additionally, a new low-power setting, ideal for multi-day experiences, can extend battery life to reach up to 60 hours.2 The Wayfinder watch face is designed specifically for the larger Apple Watch Ultra display and includes a compass built into the dial, with space for up to eight complications." Customers in Australia, Canada, France, Germany, India, Japan, the UAE, the U.K., the U.S., and more than 40 other countries and regions can order Apple Watch Ultra today, with availability in stores beginning Friday, September 23. Apple Watch Ultra is priced at $799 in the U.S.
AAPL

Hot Stocks

13:37 EDT All Apple Watch Ultra models priced at $799, available September 23 - Says Ultra a "totally new expression" of Apple Watch. Says Watch Ultra designed with high-performance athletes and explorers in mind. Says action button can instantly transition between sports for triathletes and detect when users arrive at a track, coming later this year. Says also designed for watersports such as scuba diving. Says Watch Ultra can act as dive computer with Oceanic+ app.
GE

Hot Stocks

13:35 EDT GE Aviation opens Asia-Pacific Service Center in Australia - GE Aviation announced the opening a new facility in Australia to provide maintenance, repair and overhaul services for customers across the Asia-Pacific region. The new $8M Asia-Pacific Service Centre at Brisbane Airport positions GE Aviation to support more customers and expand its presence across the region. The facility will be the largest GE Aviation, Systems service centre in the Asia-Pacific region. The facility supports avionics, flight management, electrical power and DOWTY propeller systems on various aircraft including the Boeing 737 and 787, Q400 and F-50 regional aircraft and the Royal Australian Air Force's fleet of C-130J Super Hercules and C-27J Spartan Military Transport Aircraft.
RDY

Hot Stocks

13:33 EDT Dr. Reddy's launches Lenalidomide Capsules in the U.S. - Dr. Reddy's Laboratories announced the launch, in the U.S. market, of Lenalidomide Capsules, a therapeutic equivalent generic version of REVLIMID Capsules approved by U.S. Food and Drug Administration. With this volume-limited launch, Dr. Reddy's is eligible for first-to-market, 180 days of generic drug exclusivity for Lenalidomide Capsules in 2.5 mg and 20 mg strengths. As previously announced, Celgene agreed to provide Dr. Reddy's with a license to sell volume-limited amounts of generic lenalidomide capsules in the U.S. in settlement of all outstanding claims of its litigation. The agreed-upon percentages remain confidential. As part of the settlement, Dr. Reddy's is also licensed to sell generic lenalidomide capsules in the U.S. without volume limitation beginning on January 31, 2026. Dr. Reddy's Lenalidomide Capsules are available in strengths of 2.5 mg, 5 mg, and 10 mg, each in a bottle-count size of 28, as well as 15 mg, 20 mg, and 25 mg strengths, each in a bottle-count size of 21.
CNI...

Hot Stocks

13:33 EDT North American rail traffic up 5.3% for the week ending September 3 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending September 3, as well as volumes for August. U.S. railroads originated 1,189,892 carloads in August 2022, up 2.3%, or 27,040 carloads, from August 2021. U.S. railroads also originated 1,335,618 containers and trailers in August 2022, down 1.2%, or 15,856 units, from the same month last year. Combined U.S. carload and intermodal originations in August 2022 were 2,525,510, up 0.4%, or 11,184 carloads and intermodal units from August 2021. Total U.S. weekly rail traffic was 513,087 carloads and intermodal units, up 3.7% compared with the same week last year. Total carloads for the week ending September 3 were 241,431 carloads, up 5.7% compared with the same week in 2021, while U.S. weekly intermodal volume was 271,656 containers and trailers, up 2.1% compared to 2021. North American rail volume for the week ending September 3 on 12 reporting U.S., Canadian and Mexican railroads totaled 339,416 carloads, up 6.3% compared with the same week last year, and 365,087 intermodal units, up 4.5% compared with last year. Total combined weekly rail traffic in North America was 704,503 carloads and intermodal units, up 5.3%. North American rail volume for the first 35 weeks of 2022 was 23,701,811 carloads and intermodal units, down 2.5 percent compared with 2021. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP)Trinity Industries (TRN), Greenbrier (GBX), FreightCar America (RAIL) and Wabtec (WAB). Reference Link
HUBS

Hot Stocks

13:32 EDT HubSpot down 5% as analyst day meeting continues - Shares of HubSpot are down $15.02, or 5%, to $296.10 as executives conduct a Q&A session at the end of the company's analyst day meeting.
AAPL

Hot Stocks

13:28 EDT Apple unveils Apple Watch Ultra - Says Apple Watch Ultra comes with 49mm titanium case, new customizable Action Button, 36 hours of basic battery life, 60 hours of battery life in new battery optimization set to come later this fall. Says Ultra has "most technical" watchface yet, called "wayfinder."
AAPL

Hot Stocks

13:26 EDT Apple says next-gen Apple Watch SE starts at $249, available September 16
AAPL

Hot Stocks

13:22 EDT Apple unveils new second-generation Apple Watch SE - Says new SE comes in midnight, silver, starlight colors. Says new SE 20% faster than previous Apple Watch SE, still comes with motion sensors for Crash Detection.
INTC

Hot Stocks

13:20 EDT Intel names Shlomit Weiss SVP, General Manager of Design Engineering - Intel (INTC) announced that Shlomit Weiss, senior vice president and co-general manager of the Design Engineering Group, will replace senior vice president Sunil Shenoy, who will retire at the end of the year. Weiss will lead the company's design, development, validation and manufacturing support of intellectual properties and system-on-chips, reporting directly to Intel CEO Pat Gelsinger and joining the company's executive leadership team. Weiss returned to Intel last year as co-GM of DEG with Shenoy, specifically leading client product design engineering and the Intel architecture core portfolio used across client, data center and other segments. Before rejoining Intel, Weiss was senior vice president of silicon engineering at Mellanox, now part of Nvidia (NVDA), Intel noted.
AAPL

Hot Stocks

13:19 EDT Apple says Watch Series 8 starts at $399, available September 16 - Says Series 8 available in four standard colors and three stainless steel finishes. Says Watch Series 8 priced at $399 for GPS edition and $499 for GPS + Cellular edition. Says preorders start today for September 16 launch date.
AAPL

Hot Stocks

13:16 EDT Apple says Watch Series 8 comes with Crash Detection feature - Says Apple Watch Series 8 comes with Crash Detection feature, which can detect if a user is in a severe car crash and notify emergency services and emergency contacts. Says Watch Series 8 has all day 18 hour battery life, but also has low power mode capable of 36 hours of battery life.
AAPL

Hot Stocks

13:13 EDT Apple Watch Series 8 comes with new advanced cycle tracking features - Says Series 8 introduces suite of advanced cycle tracking features for people who get periods. Says Series 8 comes with new, more effective temperature sensor. Says Series 8 health features will come with improved privacy protection. Says Series 8 capable of estimating ovulation dates and spotting cycle deviations.
CRHC

Hot Stocks

13:09 EDT Cohn Robbins shareholders approve combination with Allwyn Entertainment - Cohn Robbins Holdings (CRHC) announced that its shareholders of record as of August 15 have approved the previously announced business combination with Allwyn Entertainment AG, a multinational lottery operator. The business combination was supported by over 99.2% of the shares of CRHC voted at an extraordinary general meeting held on September 7 and approximately 66.7% of total outstanding shares voted. Additionally, at a separate extraordinary general meeting held today, CRHC shareholders of record as of July 11 approved a proposal to extend the date by which CRHC must consummate its initial business combination from September 11, 2022, to December 11, 2022. CRHC stated, "We appreciate the support of CRHC shareholders in approving the Business Combination with Allwyn. With the additional time our shareholders have provided, we are working diligently to complete the Business Combination with Allwyn as expeditiously as possible."
AAPL

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13:08 EDT Apple unveils Apple Watch Series 8 - Says Apple Watch top selling smartwatch globally for seven years running. Says Series 8 features brighter display that extends right to the edge of the frame. Says Series 8 is swim proof, dust proof, and crack resistant. Comments taken from September 7 Apple Event livestream.
MSFT

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12:26 EDT Microsoft unveils new Xbox Elite 2 Core controller - Microsoft announced the Xbox Elite Wireless Controller Series 2 - Core in white. "It's designed to meet the core needs of today's competitive gamers, putting exceptional performance, customization, and durability where it matters most - in your hands," the company said in a blog post. The Elite Wirless Series 2 comes in two versions: the Core in white at $129.99, which includes all the essential components; and the Series 2 in black at $179.99, which includes all the Elite Core features as well as premium interchangeable component, including different thumbsticks, D-pad, and paddle shapes. The company also announced that, coming this holiday, players will be able to bring the Elite Wireless Controller Series 2 to Xbox Design Lab. Reference Link
MTCH

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12:21 EDT Match Group CFO: Guidance set at level 'we think we can achieve' - CFO Gary Swidler says the company's new CEO wants to "be successful and beat guidance and perform well out of the gate." Comments taken from Evercore TMT Conference.
GRFS

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12:08 EDT Grifols enters agreement with Canadian Blood Services - Grifols announced it has signed a pioneering long-term agreement with Canadian Blood Services, Canada's national blood authority, to greatly increase the country's self-sufficiency in immunoglobulin medicines, essential plasma-protein therapies used to treat a wide range of immunodeficiencies and other medical conditions. Canada has a high Ig usage rate and currently needs to import as much as 85% of its Ig, with demand growing an average of 5-8% annually. The collaboration agreement with Canadian Blood Services, part of Grifols' long-term global growth strategy, will combine with the work already being done by Canadian Blood Services to accelerate Canada's Ig self-sufficiency rate from 15% to 50% in the shortest time possible. Under the agreement, Grifols will work with Canadian Blood Services to steadily increase sourcing of the Canadian plasma necessary so that volumes eventually reach 2.4 million grams of Ig medicines annually by 2026.
IMMX

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12:07 EDT Immix Biopharma complets GMP manufacturing of scaled-up batch of IMX-110 - Immix Biopharma announced that it has completed Good Manufacturing Practice manufacturing of a scaled-up batch of IMX-110 for clinical trials. IMX-110 was produced using proprietary, scaled-up manufacturing process that will provide drug supply for 2 ImmixBio clinical trials planned to start in 2022: first, planned monotherapy IMX-110 clinical trial in soft tissue sarcoma; second, planned combination IMX-110 + BeiGene anti-PD-1 tislelizumab clinical trial in advanced solid tumors.
UAL

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12:01 EDT United Airlines seeing 'really strong' September bookings - Says it "does not appear" that the summer rate of bookings has come to an end. Says company historically does not see such demand in September because there's typically a drop between August and September, which the company is not seeing right now. Comments taken from the Cowen Global Transportation and Sustainable Mobility Conference.
WLY

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12:00 EDT Wiley falls -13.3% - Wiley is down -13.3%, or -$6.16 to $39.95.
PATH

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12:00 EDT UiPath falls -13.6% - UiPath is down -13.6%, or -$2.12 to $13.46.
HKD

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12:00 EDT AMTD Digital falls -15.7% - AMTD Digital is down -15.7%, or -$10.82 to $58.13.
TPX

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12:00 EDT Tempur Sealy rises 10.5% - Tempur Sealy is up 10.5%, or $2.57 to $26.97.
GKOS

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12:00 EDT Glaukos rises 19.5% - Glaukos is up 19.5%, or $9.40 to $57.50.
AZRE

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12:00 EDT Azure Power rises 24.0% - Azure Power is up 24.0%, or 86c to $4.45.
GOOG...

Hot Stocks

11:47 EDT YouTube TV now supports 5.1 audio on Apple TV, Fire TV devices - Yesterday, Alphabet's (GOOGL) YouTube TV announced that the service now supports 5.1 audio on Apple TV (AAPL) and Amazon Fire TV (AMZN) devices for compatible content. "If you're a game console user, we're working on getting this available to you as soon as possible, and will share live updates here," the company said. Reference Link
NTDOY

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11:45 EDT Nintendo unveils Switch OLED Model: Pokemon Scarlet & Violet Edition - Nintendo announced that on November 4, the Nintendo Switch - OLED Model: Pokemon Scarlet & Violet Edition system will be available at select stores, featuring art inspired by the upcoming Pokemon Scarlet and Pokemon Violet games (sold separately). The Legendary Pokemon Koraidon and Miraidon are featured on the glossy front side of the white system's dock, and a design inspired by the series' iconic Poke Ball is featured on the back. The back of the system itself is adorned with special illustrations of the three Pokemon the player can choose as their first partners in the game - Sprigatito, Fuecoco and Quaxly - along with illustrations of symbols players may recognize as they journey through the games. The Joy-Con controllers, which match the main colors of Pokemon Scarlet and Pokemon Violet, feature the school emblems of the Naranja Academy and Uva Academy that appear in the respective games. The Nintendo Switch - OLED Model: Pokemon Scarlet & Violet Edition system will be available in stores and in the My Nintendo Store at a suggested retail price of $359.99. Pokemon Scarlet and Pokemon Violet, the latest chapters in the Pokemon series, launch for the Nintendo Switch family of systems on Nov. 18 at a suggested retail price of $59.99 each, and are now available for pre-order at select retailers, in the My Nintendo Store and in Nintendo eShop. Pokemon Scarlet and Pokemon Violet Double Pack will also be available as a packaged version or as a digital downloadable version at a suggested retail price of $119.99, and will include both Pokemon Scarlet and Pokemon Violet, as well as additional in-game bonuses.
WTRG

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11:39 EDT Essential Utilities halts discussions with BCWSA on potential acquistion - Essential Utilities, earlier this summer, announced its subsidiary, Aqua Pennsylvania, Inc., had signed an exclusivity agreement with the Bucks County Water and Sewer Authority to continue discussions for a potential acquisition. Yesterday those discussions were halted in light of statements by the Bucks County commissioners and BCWSA board chairman. "While we were surprised and disappointed by the sudden turn of events yesterday, we respect the opinions of the Bucks County elected officials and have offered to remain a resource to them. The professionalism of the staff at the BCWSA was exemplary and we hope to continue those collegial relationships as we work together to solve the water and sewer challenges in our region," said Essential Chairman and CEO Christopher Franklin. "We continue to have a strong pipeline of opportunities and continue to find elected officials interested in potential partnerships across our multi-state footprint. In light of some of the tragic events associated with long-term deferred maintenance in government owned systems across the country, we remain committed to providing viable solutions to water and sewer utilities."
BAX

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11:38 EDT Baxter CFO: Seeing 'stable to improving levels' in many areas - CFO James Saccaro says a number of factors impacted Q2 and caused the company to lower guidance for the year, and says the company is seeing "stable to improving" levels in many of those areas. He says a lot of the benefits will accrue more to the end of Q4 or Q1 of next year, but notes that the environment has been stable to "somewhat improving." Comments taken from the Wells Fargo Healthcare Conference.
T

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11:22 EDT AT&T CFO notes some moderation in inflation in fuel, labor
LOB

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11:16 EDT Live Oak Bank enters lending partnership with RAMP - Live Oak Bank announces it has been named a small business lending partner for Ramp. Live Oak will be a new referral channel for Ramp customers who are looking for capital for long-term growth such as acquiring a new business, growing their existing business and real estate purchases.
T

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11:15 EDT AT&T still seeing 'solid' customer demand, says CFO
T

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11:15 EDT AT&T not providing update to guidance until Q4 earnings - CFO Pascal Desroches, speaking at the Bank of America Conference, cites the "very challenging" macro environment for not providing updated guidance.
VUZI

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11:12 EDT Vuzix says Toppan uses smart glasses in RemoPick system - Vuzix Corporation announced that Toppan is using Vuzix smart glasses in its RemoPick system, which is currently being trialed at a 7-11 store in Iizuna, Japan.
SPOT

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10:57 EDT User reports indicate problems at Spotify, Downdetector says - Reference Link
CNNWF

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10:47 EDT Cineworld Group to continue to operate cinemas "as usual" amid Chapter 11 - The company said, "During the restructuring process, Cineworld expects to operate its global business and cinemas as usual without interruption. In conjunction with the filing of the Chapter 11 cases, the Group Chapter 11 Companies have filed certain customary "first day" motions to obtain the requisite court authority for the Group to continue operating its businesses in the ordinary course without disruption to its customers, vendors, suppliers or employees as much as practicable. The Group Chapter 11 Companies intend to pay all vendors and suppliers in full and on normal terms for valid amounts for goods and services received during the Chapter 11 process. In addition, the Group expects that employees will continue to receive their usual wages and benefits without interruption. Cineworld has secured commitments for an approximate $1.94B debtor-in-possession financing facility provided by certain existing lenders, which will be used to, among other things, fund the Group's operations and refinance certain prepetition funded indebtedness. Subject to Court approval, the DIP financing, together with the Group's available cash reserves and cash provided by operations, is expected to provide sufficient liquidity for Cineworld to meet its ongoing obligations, including post-petition obligations to vendors and suppliers, as well as employee wages, salaries and benefits programs. Cineworld and its brands around the world - including Regal, Cinema City, Picture House and yes Planet - are continuing to welcome customers to cinemas as usual, which will not change during the Chapter 11 cases. The Group expects to continue to honour the terms of all existing customer membership programs, including Regal Unlimited and Regal Crown Club in the United States and Cineworld Unlimited in the UK."
CNNWF

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10:46 EDT Cineworld Group commences Chapter 11 restructuring process - Cineworld Group announced that Cineworld and certain of its subsidiaries have commenced Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas. As part of the Chapter 11 cases, Cineworld, with the expected support of its secured lenders, will seek to implement a de-leveraging transaction that will significantly reduce the Group's debt, strengthen its balance sheet and provide the financial strength and flexibility to accelerate, and capitalise on, Cineworld's strategy in the cinema industry. The Group Chapter 11 Companies enter the Chapter 11 cases with commitments for an approximate $1.94B debtor-in-possession financing facility from existing lenders, which will help ensure Cineworld's operations continue in the ordinary course while Cineworld implements its reorganisation. As previously announced, it is expected that any de-leveraging transaction will result in very significant dilution of existing equity interests in the Group and there is no guarantee of any recovery for holders of existing equity interests. The Company does not expect the Chapter 11 filing to result in a suspension of trading in its shares on the London Stock Exchange. The Group Chapter 11 Companies expect to file a proposed plan of reorganisation with the Court in due course and to meet the necessary requirements to emerge from Chapter 11 as expeditiously as possible. Cineworld currently anticipates emerging from Chapter 11 during the first quarter of 2023 and is confident that a comprehensive financial restructuring is in the best interests of the Group and its stakeholders, taken as a whole, in the long term. Cineworld looks forward to working with its creditors and stakeholders to advance the Group's efforts to restructure its balance sheet. As part of its restructuring process, Cineworld expects to pursue a real estate optimisation strategy in the US and intends to engage in collaborative discussions with US landlords to improve US cinema lease terms in an effort to further position the Group for long-term growth. Chapter 11 is a court-supervised process that will provide a forum for efficient reorganisation of the Group's business and balance sheet. The Group Chapter 11 Companies will remain in possession and control of their assets, existing management and the board of directors will stay in control of the business and the Group's operations will be allowed to continue uninterrupted. Upon filing for relief under Chapter 11, the Group Chapter 11 Companies benefit from an "automatic stay" against any action to litigate or collect a pre-petition claim. Cineworld expects to operate its global business and cinemas as usual throughout this process. Cineworld's subsidiaries and affiliates not engaged in the US, UK or Jersey businesses were not included in the filing and are not part of the Chapter 11 process.
SHPH

Hot Stocks

10:31 EDT Shuttle Pharmaceuticals Inc trading resumes
FAST

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10:28 EDT Fastenal reports August sales up 21.4% to $644.73M - The company reported August sales of $644.73M versus $531.05M in the same month of last year. Fastenal reported August daily sales of $28.03M, up 16.1% versus 2021. Reference Link
SWTX

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10:25 EDT SpringWorks Therapeutics trading resumes
SHPH

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10:21 EDT Shuttle Pharmaceuticals Inc trading halted, volatility trading pause
TGEN

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10:17 EDT Tecogen receives multiple unit order from energy company - Tecogen announces an order for five Tecopower cogeneration units from a subsidiary of a multi-billion dollar Energy Services Company. The units are expected to be installed within the proximity of Tecogen's factory service centers, which are expected to provide long-term service of the units.
PTON

Hot Stocks

10:10 EDT Peloton: CPSC recommending civil penalties related to treadmill recall - Peloton said in a regulatory filing: "As previously disclosed, we have received reports of a number of injuries associated with our Tread+ product, one of which led to the death of a child. In April 2021, the CPSC issued a warning to consumers about the safety hazards associated with the Tread+ and, following our voluntary recall of our Tread+ product in collaboration with the CPSC in May 2021, the CPSC has continued to investigate the matter. As noted, more recently, in August 2022, we were notified by the CPSC that the agency staff believes we failed to meet our statutory obligations under the Consumer Product Safety Act and intends to recommend that the CPSC impose civil monetary penalties. While we disagree with the agency staff, we are engaged in ongoing confidential discussions with the CPSC. We are also subject to investigations by the DOJ and DHS related to our statutory obligations under the Consumer Product Safety Act, and the SEC is investigating our public disclosures concerning the Tread+ recall as well as other matters. We are cooperating fully with each of these investigations, and at this time, we are unable to predict the eventual scope, duration or final outcome of the investigations."
SWTX GSK

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10:03 EDT SpringsWorks Therapeutics expands global collaboration with GSK - SpringWorks Therapeutics (SWTX) entered into an expanded global, non-exclusive license and collaboration agreement with GSK (GSK) for nirogacestat, SpringWorks' investigational oral gamma secretase inhibitor, in combination with Blenrep, GSK's antibody-drug conjugate targeting B-cell maturation antigen. Under the terms of the expanded agreement, SpringWorks will receive a $75M equity investment from GSK, with shares of common stock priced at a premium to the 30-day volume-weighted average share price on September 2, 2022. SpringWorks will also be eligible to receive up to $550M in additional payments based on reaching certain development and commercial milestones. SpringWorks will retain full commercial rights to nirogacestat and will be responsible for global commercialization of nirogacestat.
JPM

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10:03 EDT JPMorgan names Paul Halpern as CMO for U.S. Wealth Management - J.P. Morgan announced that Paul Halpern has joined as Chief Marketing Officer for U.S. Wealth Management. "We have the right strategy, the right culture, and the right people," said Kristin Lemkau, CEO of J.P. Morgan Wealth Management. "Paul has the perfect combination of creativity, tenacity and experience to help us grow this business, and he understands that the number one role of a marketer is to do just that."
AMLX

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10:02 EDT Amylyx says stock halted for second FDA Advisory Committee meeting on AMX0035 - Amylyx Pharmaceuticals announced that Nasdaq has halted trading of the company's common stock. The second meeting of the U.S. Food and Drug Administration's Peripheral and Central Nervous System Drugs Advisory Committee, or PCNSDAC, is occurring today to review the New Drug Application for AMX0035, also known as ursodoxicoltaurine, for the treatment of amyotrophic lateral sclerosis, or ALS. The Advisory Committee meeting is scheduled for 12:00 p.m. ET. The PCNSDAC previously met on March 30, 2022 to discuss the NDA for AMX0035 for the treatment of ALS. The Prescription Drug User Fee Act, or PDUFA, target action date for the NDA is September 29, 2022.
BAC

Hot Stocks

10:01 EDT Bank of America granted 341 patents during 1H22, up 50% y/y - Bank of America said in a statement that it has recorded the most patents granted in the first half of any year in the company's history. The U.S. Patent Office granted Bank of America 341 patents during the first half of 2022, which is a 50% increase, year over year. Patents granted include client focused innovations related to security, privacy, fraud detection, payment technologies, artificial intelligence, machine learning, and mobile banking. The bank has more U.S. patents than any other financial services company, BofA said.
HKD

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10:00 EDT AMTD Digital falls -12.7% - AMTD Digital is down -12.7%, or -$8.76 to $60.19.
CRGY

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10:00 EDT Crescent Energy falls -15.2% - Crescent Energy is down -15.2%, or -$2.56 to $14.30.
PATH

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10:00 EDT UiPath falls -17.0% - UiPath is down -17.0%, or -$2.65 to $12.95.
TUP

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10:00 EDT Tupperware Brands rises 6.9% - Tupperware Brands is up 6.9%, or 51c to $7.87.
GKOS

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10:00 EDT Glaukos rises 12.2% - Glaukos is up 12.2%, or $5.88 to $53.98.
GPL

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10:00 EDT Great Panther Silver trading resumes
AZRE

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10:00 EDT Azure Power rises 13.9% - Azure Power is up 13.9%, or 50c to $4.09.
INM

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09:59 EDT InMed Pharmaceuticals Inc trading resumes
AMLX

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09:55 EDT Amylyx Pharmaceuticals trading halted, news pending
INM

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09:54 EDT InMed Pharmaceuticals Inc trading halted, volatility trading pause
SWTX

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09:52 EDT SpringWorks Therapeutics trading halted, news pending
TWTR TSLA

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09:47 EDT Twitter rallies after judge denies Musk request to delay trial - Delaware Chancery Judge Kathaleen McCormick denied Tesla (TSLA) CEO Elon Musk's request to delay the trial over his attempt to abandon an agreement to acquire Twitter (TWTR). However, Musk will be allowed to add claims from a Twitter whistleblower to his countersuit, McCormick said. Musk's legal team is "permitted only incremental discovery relevant to the new allegations" raised by the whistle-blower, McCormick wrote in a five-page ruling on Wednesday. Shares of Twitter are up 4% to $40.35 in morning trading.
EQNR

Hot Stocks

09:47 EDT Equinor falls -6.8% - Equinor is down -6.8%, or -$2.57 to $35.11.
CRGY

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09:47 EDT Crescent Energy falls -11.5% - Crescent Energy is down -11.5%, or -$1.94 to $14.93.
PATH

Hot Stocks

09:47 EDT UiPath falls -19.7% - UiPath is down -19.7%, or -$3.07 to $12.52.
PINS

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09:47 EDT Pinterest rises 6.9% - Pinterest is up 6.9%, or $1.53 to $23.63.
GKOS

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09:47 EDT Glaukos rises 7.6% - Glaukos is up 7.6%, or $3.66 to $51.76.
GETY

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09:47 EDT Getty Images rises 11.2% - Getty Images is up 11.2%, or $1.53 to $15.14.
ATXG

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09:40 EDT Addentax Group Corp trading resumes
GPL

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09:40 EDT Great Panther Silver trading halted, news dissemination
EPOW

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09:38 EDT Sunrise New Energy announces $11.3M order from CATL - Sunrise New Energy announced that its joint venture graphite anode manufacturing company has received an order valued at $11.3M from EV battery manufacturer CATL. The company believes that it will ship the products out before the end of 2022. The company had already received an order from CATL valued at $8.4M and delivered earlier in the year, bringing the total orders from this customer to over $19.7M up from zero in 2021.
ATXG

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09:35 EDT Addentax Group Corp trading halted, volatility trading pause
APRN

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09:33 EDT Blue Apron amends RJB investment agreement to raise $56.5M vs. $50M initially - In a regulatory filing, the company states: "As previously described on Blue Apron Holdings Form 8-K as filed on August 8, 2022, on August 7, 2022, the Company entered into Amendment No. 1 to the Purchase Agreement, which amended the Purchase Agreement entered into between the Company and RJB Partners LLC, an affiliate of Joseph N. Sanberg, an existing holder of the Company's Class A common stock, on April 29, 2022 pursuant to which, among other things, RJB agreed to purchase from the Company on August 31, 2022, or such other date as may be agreed to by the Company and RJB, (i) the 1,666,667 shares of Class A common stock that RJB agreed to purchase from the Company under the Original Purchase Agreement on the Closing at a price of $5.00 per share instead of $12.00 per share and (ii) an additional 8,333,333 shares of Class A common stock at a price of $5.00 per share, for an aggregate of 10,000,000 shares of Class A common stock for an aggregate purchase price of $50.0M (or $5.00 per share) on the Closing . On September 7, 2022, the Company and RJB entered into that certain Amendment No. 2 to Purchase Agreement , pursuant to which the Company and RJB mutually agreed (a) to extend the Closing of the Private Placement under the Purchase Agreement to September 30, 2022 or such earlier date as may be agreed to by the Company and RJB, and (b) to change the per share price to $5.65 for 10,000,000 shares of Class A common stock, for an aggregate purchase price of $56.5M."
BOKF

Hot Stocks

09:32 EDT BOK Financial names Martin as CIO, Weil as Consumer banking executive - BOK Financial has named Derek Martin as chief information officer, CIO, and Kelley Weil as Consumer banking executive. As chief information officer, Martin will lead the enterprise operations and information technology division, which enables and supports almost every facet of the company. Martin has been with the company for almost 30 years, most recently serving as Consumer banking executive. Weil, who previously served as the company's chief human resources officer, will assume leadership of the company's Consumer banking division. In that role, she will oversee the company's consumer banking, mortgage and corporate marketing divisions.
SOFI

Hot Stocks

09:32 EDT SoFi Technologies enters multi-year partnership with Los Angeles Chargers QB - SoFi announced a three-year partnership with Los Angeles Chargers Quarterback Justin Herbert. Herbert will also receive equity stake and appears in SoFi's new brand campaign and television spot, where he breaks up with bad banking and moves on with SoFi.
ATTO

Hot Stocks

09:30 EDT Atento extends lock-up agreement with main institutional shareholders - Atento has announced that it has extended its director nomination lock-up agreements by another 12-months with HPS Investment Partners, who holds approximately 25% of shares in the Company, GIC Private, who holds approximately 22% of shares, and an investment fund affiliated with Farallon Capital Management, holding approximately 15% of the shares. The Company has also signed a similar lock-up agreement with Kyma Capital, Charles Frischer and Asheef Lalani for the same period, who together hold approximately 9% of the shares. Highlighting on this recent announcement, Carlos Lopez-Abadia, Atento's Chief Executive Officer commented, "Today each of these investors reaffirms its on-going commitment as they uphold the company's vision to take customer experience services to the next level, while leading the next generation of products and offerings in the BPO market. We remain confident that Atento will continue to drive sales and boost existing services through enhanced digital capabilities, as we pursue new growth avenues. At the same time, we are grateful for the strategic thinking and leadership granted by all our shareholders which supports our confidence in Atento's long-term potential".
CTXS

Hot Stocks

09:30 EDT Citrix says received all regulatory approvals, deal to close later this month - In a regulatory filing, Citrix Systems disclosed that it has received all regulatory approvals required under the previously announced agreement and plan of merger, dated January 31, 2022, by and among the company, Picard Parent, Inc., Picard Merger Sub, Inc., and, for certain limited purposes detailed in the merger agreement, TIBCO Software, pursuant to which merger sub will merge with and into the company, with the company surviving the merger as a wholly-owned subsidiary of parent. As a result, the condition to closing the merger in respect of clearances under antitrust and foreign investment laws has been satisfied. As of the date of this report, the company expects the merger to close during the last week of September 2022, subject to satisfaction of the remaining customary closing conditions.
IMAX

Hot Stocks

09:28 EDT Imax announces $200M increase to current share repurchase program - IMAX announced an increase of $200M in the Company's share-repurchase program, bringing the Company's total share repurchase authority to $400M. The Company has repurchased a total of approximately 10M of its common shares for an aggregate purchase price of approximately $175M pursuant to the current share-repurchase program since it commenced on July 1, 2017. With this increase of $200 million, the Company is authorized to repurchase up to approximately $225M worth of common shares, which includes approximately $25M remaining from the initial authorization in 2017, through June 30, 2023.
GMINF

Hot Stocks

09:26 EDT G Mining Ventures closes $116M private placement financing - G Mining Ventures announced that it has closed the second and final tranche of its non-brokered private placement financing announced on July 18, 2022. Under the first and second tranches of the Placement, the Corporation issued an aggregate of 189,066,765 common shares at C$0.80 per share for aggregate gross proceeds to GMIN of C$151.3 million. The funds will be used for the development and construction of its 100% owned Tocantinzinho Gold Project. Pursuant to the Second Tranche, the Corporation issued 29,004,265 GMIN common shares at a price of C$0.80 per share to La Mancha Investments S.a r.l. for gross proceeds of C$23.2 million. The common shares sold pursuant to the Second Tranche are subject to a hold period which will expire on January 8, 2023 in accordance with applicable Canadian securities laws. La Mancha acquired such common shares for investment purposes. In the future, La Mancha may, from time to time, increase or decrease its investment in GMIN through market transactions, private arrangements, treasury issuances or otherwise. Closing of the first tranche of the Placement took place on July 22, 2022, pursuant to which the Corporation issued 160,062,500 common shares at a price of C$0.80 per share for gross proceeds of C$128.1 million. Following the closing of the First Tranche and prior to the closing of the Second Tranche, La Mancha held 82,875,000 common shares of GMIN, which represented approximately 19.8% of GMIN's then outstanding common shares, For additional details regarding the Placement, please refer to the news releases of the Corporation dated July 18, 2022 and July 22, 2022 available on the GMIN website as well as the SEDAR profile of the Corporation on www.sedar.com. Following the closing of the Second Tranche, La Mancha holds 111,879,265 common shares of GMIN, which represent approximately 25.0% of GMIN's outstanding common shares, and the holdings of Eldorado Gold Corporation and Franco-Nevada Corporation now total 17.7% and 9.9%, respectively. Members of the Gignac Family, along with GMIN directors and officers, are collectively the fourth largest shareholder holding 7.8% of GMIN's outstanding common shares. In connection with the Placement, the Corporation and the Investor entered into an investor rights agreement granting the Investor certain director nomination, anti-dilution, and registration rights, and which is further described in the news release of the Corporation dated July 18, 2022. Pursuant to the terms of the IRA, the Investor has partially exercised its right to nominate two directors to the board of the Corporation by nominating Mr. Karim-Michel Nasr, who has been appointed to the Board. A second nominee will follow at a later date.
CFVI

Hot Stocks

09:19 EDT Rumble announces 78M global monthly active users in August - Rumble announced that its user base reached a new record in August, increasing its global monthly active users to 78 million, representing 77% year over year growth. In addition, the company announced a new record for MAUs in the United States and Canada with 63M , representing 103% year over year growth. Rumble also noted that a substantial portion of this growth came from users in the 18- to 24-year-old 'Gen Z' age group. "When you look at the data, and especially our 63 million MAUs in the U.S. and Canada, it is clear to me that Rumble's growth is one of the reasons that Big Tech platforms have stagnated," said Rumble CEO Chris Pavlovski. "In recent years, our user growth came primarily from consumers of news and political content. As new content creators come to Rumble, we are seeing growth from the Gen Z demographic, a massive new audience for our platform." In December 2021, Rumble announced a definitive business combination agreement with CF Acquisition Corp. VI.
TRNO

Hot Stocks

09:17 EDT Terreno Realty acquires $7.3M industrial property in California - Terreno Realty acquired an industrial property in Anaheim, California on September 6 for a purchase price of approximately $7.3M. The 1.2-acre improved land parcel at 3091 East Coronado Street is adjacent to the intersection of CA SR 91 and CA SR 57. The property was acquired vacant. Further, Terreno Realty Corporation has executed a lease for the property commencing immediately and ending December 2027 with a Southern California investment group facilitating commissary services, resulting in an estimated stabilized cap rate of 5%.
BAESY BA

Hot Stocks

09:17 EDT BAE Systems Boeing contract brings EPAWSS production contract value to $351M - BAE Systems(BAESY) has received a contract from Boeing (BA) to produce additional Eagle Passive Active Warning Survivability Systems for U.S. F-15E andF-15EX Eagle aircraft -- providing state-of-the-art situational awareness and self-defense capabilities. This contract brings the total contract value for EPAWSS production to $351M.
WTER

Hot Stocks

09:16 EDT Alkaline Water announces initial orders from warehouse club chain - Alkaline Water announced that another membership-only warehouse club chain has placed initial orders for the Alkaline88 1-gallon 4 pack to be sold in 48 of its east-coast clubs.
IMRA

Hot Stocks

09:14 EDT Imara agrees to sell tovinontrine and PDE9 program assets to Cardurion - In a regulatory filing, IMARA Inc. disclosed that it entered into an asset purchase agreement with Cardurion Pharmaceuticals, providing for the sale of tovinontrine, or IMR-687, and all other assets of the company related to its PDE9 program. In addition to $250,000 previously paid by Cardurion to the company upon execution of a non-binding term sheet, the aggregate purchase price consists of an upfront cash payment of $34,750,000 upon closing of the transaction and a $10,000,000 potential future payment that may become payable if Cardurion achieves a proof of concept milestone or other specified clinical milestones and a $50,000,000 potential future payment that may become payable if Cardurion achieves specified regulatory and/or commercial milestone events, in each case as described in the agreement and subject to the terms of the agreement.
BKI

Hot Stocks

09:12 EDT Black Knight's Optimal Blue adds ICE Mortgage Rate Lock to CompassPoint - Black Knight announced the addition of ICE Mortgage Rate Lock Index Futures within CompassPoint, the leading risk management and loan sale platform offered by Optimal Blue, a division of Black Knight. This expanded suite of futures will help lenders better manage their interest rate risk by offering new techniques for hedging conforming and jumbo mortgage loans and mortgage servicing rights. "We work with hundreds of clients every day to hedge the interest rate risk of mortgage pipelines, and we're excited to bring yet another innovation to the market that helps our lenders avoid basis risk and additional transaction costs when hedging certain mortgage loans," said Scott Happ, president of Optimal Blue, a division of Black Knight. "While the to-be-announced marketplace is very effective at hedging the majority of our lenders' pipelines, the addition of the ICE Mortgage Rate Lock Index Futures with CompassPoint will deliver expanded support for hedging mortgage servicing rights, jumbo loans or loans with extended lock terms."
CLSK

Hot Stocks

09:12 EDT CleanSpark buys 10,000 Antminer S19j Pro units for $28M - CleanSpark entered into a purchase agreement with Cryptech Solutions for 10,000 brand-new Bitmain Antminer S19j Pro units for a total price of $28.0 million, after credits and discounts. The servers are expected to be delivered to CleanSpark's facilities by late October or early November of this year. The Company's sustainable growth strategy coupled with the current cryptocurrency market conditions enabled the Company to purchase the machines at a substantially discounted price compared to the spot market price earlier this year. Bitmain, the manufacturer and seller of the devices, sold the S19j Pro model on its official website in January for as much as $116 per TH/s whereas the Company purchased the 10,000 units for approximately $28.00 per TH/s.
MUFG

Hot Stocks

09:11 EDT Mitsubishi UFJ expands direct lending team - Mitsubishi UFJ Financial announced the expansion of its newly formed Direct Lending business with the hiring of Claude Mattessich and Will McCarthy. Both Mattessich and McCarthy have joined the bank as Managing Directors and Senior Originators. Mattessich will be based in New York City, while McCarthy will be based in Chicago. Both will report to Christopher Freeman, Managing Director, in the Direct Lending group. With nearly 30 years of professional experience, Mattessich joins MUFG from CIT Bank. McCarthy joins MUFG from LBC Credit Partners, where he was part of the Middle Market Leveraged Finance Group.
BIOR

Hot Stocks

09:11 EDT Biora Therapeutics appoints Bruc Sands as chair of clinical advisory board - Biora Therapeutics announced the appointment of Dr. Bruce Sands as board chair of its Clinical Advisory Board for Inflammatory Bowel Disease, which also includes leading IBD researchers Dr. Geert D'Haens, Dr. Brian Feagan, and Dr. Severine Vermeire. The clinical advisory board provides strategic guidance on clinical development of Biora's Targeted Therapeutics pipeline.
FRPT

Hot Stocks

09:10 EDT Freshpet announces organizational changes - Freshpet announced several changes in its organizational structure designed to strengthen the company's capabilities in production, quality, engineering, logistics and finance. Those leadership changes include: CFO Heather Pomerantz has announced her intention to step down to pursue other opportunities effective September 7. While the Company searches for her replacement, current Vice Chairman and previous Freshpet CFO Dick Kassar will serve as Interim CFO. Pomerantz's resignation did not result from any disagreement with the company concerning any matter relating to the Company's financial reporting, policies or practices. Executive VP of Manufacturing, Steve Weise, whose intention to retire was announced previously, will remain with the company in a consulting role through 2023 to support improvements in the company's quality assurance systems and other components of the Company's manufacturing and supply chain. Jay Dahlgren, previously VP of Operations at J.M. Smucker Company, is now serving as a consultant to the company with a focus on mitigating manufacturing and supply chain risks. VP of Manufacturing, Ricardo Moreno, will be appointed Senior VP of Manufacturing & Engineering. The company expects to backfill the VP of Manufacturing role as it builds out this important area of its operations. Senior VP of Engineering Michael Hieger will broaden his responsibilities to include all capital expansion projects and engineering resources and will report to Moreno.
LPTH

Hot Stocks

09:10 EDT LightPath announces Connecticut network expansion - Lightpath announced the expansion of its next-generation network throughout western Connecticut. The new 70+ mile network build will consist of high-count fiber connecting Trumbull and Norwalk, CT, to Katonah, NY, as well as points in between. "Lightpath's all-fiber fiber network offers organizations across all industries access to robust connectivity with the highest levels of flexibility, reliability and security," commented Doug Turtz, SVP of Sales for Lightpath. "Lightpath continues to invest in Connecticut, as well as the greater New York City Metropolitan Area, as we have for over 30 years now. We are committed to enhancing our network and services for our existing customers, as well as continuing to bring Lightpath to new customers in more places."
SIDU

Hot Stocks

09:09 EDT Sidus Space signs launch agreement with SpaceX for five launches - Sidus Space announced that it has signed a launch agreement with SpaceX for five launches, beginning in early 2023. Sidus Space has designed and is manufacturing LizzieSat, for its multi-mission LEO satellite constellation operating in diverse orbits as approved by the International Telecommunication Union in February 2021. LizzieSat is in advanced stages of development and offers many differentiating attributes. Specifically, LizzieSat satellites fly custom payloads tailored to maximize customer return on investment; Sidus manufactured 3D printed satellites maximize customer volume within a lightweight bus; redundant attitude controls systems provide precision pointing for payloads; and propulsion maintains satellite orbit and provides collision avoidance capability. The launches will support previously announced contracts with NASA and Mission Helios as well as prospective customers that Sidus continues to layer into its pipeline in all areas including payload hosting and capturing space-based data.
FLT XOM

Hot Stocks

09:09 EDT FleetCor signs network agreements with Exxon Mobil - FLEETCOR Technologies (FLT) has signed network agreements with Exxon Mobil Corporation (XOM). The agreements strengthen the market position and product versatility of FLEETCOR's North American commercial fleet card business, and include both the Comdata and Fuelman brands. FLEETCOR has entered into a new agreement with ExxonMobil to provide brand-wide acceptance of its Fuelman cards at over 12,000 Exxon and Mobil stations in the U.S. In addition, Exxon and Mobil stations will add acceptance of Comdata trucking cards at commercial fueling locations in 2023, further extending the utility of the Comdata products to its customers.
MPW

Hot Stocks

09:08 EDT Medical Properties Trust re-leases Watsonville Community Hospital - Medical Properties Trust announced that it has successfully re-leased its Watsonville Community Hospital in Watsonville, California to Pajaro Valley Health Care District and has sold certain facilities to Prime Healthcare pursuant to a tenant purchase option. In late August, Pajaro acquired the operations of Watsonville Community Hospital following a relatively short bankruptcy process. As part of this transaction, MPT was repaid more than $30M in financing it provided to allow the hospital to remain open to host tens of thousands of emergency department visits, admit thousands of patients and facilitate thousands of surgeries since the default of the original operator. Also, in early September, MPT sold to Prime nine general acute hospitals and two related medical office buildings in California, Indiana, Nevada and Pennsylvania for net proceeds of roughly $360M. Proceeds from both of these transactions, as well as roughly $200M of loan repayment proceeds expected as the result of LifePoint Health's planned acquisition of a majority interest in Springstone in the first half of 2023, will combine to provide MPT approximately $600M in near-term liquidity to reduce leverage and execute select accretive acquisitions. Furthermore, the impact of the Watsonville and Prime transactions is fully considered in MPT's previously communicated per share estimates of full-year 2022 net income and normalized funds from operations.
IINN

Hot Stocks

09:08 EDT Inspira Technologies announces completion of study on HYLA blood sensor - Inspira Technologies announces the completion of an animal study that was conducted at Lahav C.R.O by leading intensive care unit, or ICU, and respiratory specialists, who are members of Inspira's Scientific Advisory Board. The completion of the animal study is an additional important step toward initiating human studies using the HYLA blood sensor. The important characteristics of the HYLATM blood sensor may be vital in providing immediate alerts of sudden changes in a patient's condition and may reduce risks, complications, and costs. During an animal study, the HYLA blood sensor performed measurements of blood parameters with results being compared to numerous blood samples taken and analyzed using a routine blood gas analyzer, which is considered the standard of care used by hospitals today. The HYLA blood sensor is a non-invasive device, designed to provide continuous real-time measurements, overcoming the disadvantages of standard blood gas analysis machines that require blood to be drawn and cannot provide a continuous display of data indicating the patient's condition in real-time.
UPS

Hot Stocks

09:08 EDT UPS begins recruiting 100,000+ seasonal workers - UPS will hire more than 100,000 seasonal employees ahead of the holiday rush. The company is filling full- and part-time seasonal positions - primarily seasonal delivery and CDL drivers, package handlers, and driver helpers - by offering competitive wages across multiple shifts in hundreds of locations across the country. Permanent positions also are available in some areas.
QRTEA...

Hot Stocks

09:07 EDT Qurate Retail appoints new executives to lead streaming, QVC merchandising - Qurate Retail Group announced two executive leadership appointments as the company moves quickly to differentiate its flagship QVC and HSN brands, strengthen its customer relationships, and grow its video streaming shopping business. Qurate Retail Group, QVC and HSN are part of Qurate Retail (QRTEA). Soumya Sriraman, who was most recently Head of Prime Video Channels at Amazon (AMZN), has been named President of Streaming for Qurate Retail Group, effective September 7, 2022. Stacy Bowe, who previously held senior merchandising positions at G-III Apparel Group (GIII) and Macy's (M), was named Chief Merchandising Officer, QVC US, effective September 6, 2022.
PRFT

Hot Stocks

09:07 EDT Perficient acquisition of Inflection Point seen as immediately accretive to EPS - Perficient announced the acquisition of Inflection Point Systems, an approximately $15M revenue software consulting and product development firm with nearshore operations based in Monterrey, Mexico, and headquarters in Columbia, Maryland. The acquisition is not reflected in existing 2022 revenue or earnings guidance and is expected to be accretive to adjusted earnings per share immediately. "We're excited to continue to strengthen our nearshore delivery capacity, enhance our digital capabilities, and further expand across Latin America with the strategic acquisition of Inflection Point," said Jeffrey Davis, Perficient's Chairman and CEO. "Our multi-shore, fully-integrated, global delivery approach continues to be a key driver of growth, and a compelling differentiator in the market.
FTNT

Hot Stocks

09:06 EDT Fortinet announces sponsorship of two LPGA players - Fortinet announced the sponsorship of two Ladies Professional Golf Association players - Alison Lee and Andrea Lee - and two Stanford University student athletes - Rose Zhang and Rachel Heck - building on the company's commitment to support the advancement of women in their professions to foster inclusivity and diversity. hrough Fortinet's Training Advancement Agenda and the Fortinet Training Institute programs, Fortinet provides cybersecurity training and career opportunities to anyone interested in transitioning to, or growing their career, in the cyber field. These four player sponsorships are an extension of these Fortinet initiatives to empower all individuals to reach their full potential in large part by supporting women in their professions.
FIGS

Hot Stocks

09:06 EDT Figs down 4% as Spruce Point makes short call, sees up to 60% downside - Shares of Figs Inc. are down 42c, or 4%, to $10.62 in pre-market trading after Spruce Point released a short report on the company, which it calls "a COVID-19 beneficiary that will fail to sustain momentum due to demand normalization and increasing competition." The short-selling firm, which believes Figs' co-founders are "prone to exaggerating their professional work history and key business and financial metrics," argues that "the history of retail stocks shows that revenue growth slowdowns are a harbinger for multiple compression. The firm sees up to 45%-60% downside risk to $4.40-$6.05 per share.Reference Link
XXII

Hot Stocks

09:05 EDT 22nd Century expands VLN cigarette distribution in Illinois, Colorado - 22nd Century will expand Illinois sales of VLN to additional stores plus launch in the state of Colorado with both current and new distribution partners in September. 22nd Century's proprietary VLN brand tobacco cigarettes contain approximately 95% less nicotine than conventional cigarettes. In order to make VLN available to adult smokers, 22nd Century has already initiated partnerships with two cigarette retailers. Circle K is the largest chain of company-owned and operated convenience chains in the U.S. and the second largest in North America overall. Smoker Friendly is a cigarette and tobacco store with more than 800 independently owned and operated retail stores. Additionally, and to further expand its sales reach in Colorado and elsewhere as it continues to roll out VLN, 22nd Century will announce two additional distribution partners as part of its launch in Colorado. Circle K is also expanding VLN(R) distribution to additional stores in the State of Illinois. At this date, the Company has already completed state Attorney General registrations for VLN in 44 U.S. States and the District of Columbia.
CNHI

Hot Stocks

09:05 EDT CNH Industrial president, North America Brad Crews to retire - CNH Industrial announces that Brad Crews, President North America, has indicated his intention to retire. Mr. Crews is a longstanding member of the Company's Senior Leadership Team and is also the leader of the North American Agricultural Segment. During 2023, Brad will focus on a new role, supporting Derek Neilson, President Agriculture, by spearheading various strategic initiatives. Mr. Crews will retain his current responsibilities until his replacement as President, North America, is announced.
FUBO CZR

Hot Stocks

09:05 EDT FuboTV launches Fubo Sportsbook in New Jersey - Fubo Gaming, a subsidiary of FuboTV (FUBO), announced the launch of Fubo Sportsbook in New Jersey after successfully completing the soft play phase of the state's Division of Gaming Enforcement regulatory process. The launch in New Jersey, via an agreement with Caesars (CZR), further expands FuboTV's mission to deliver personalized omniscreen experiences that turn passive viewers into active participants.
CRCW

Hot Stocks

09:04 EDT Crypto Company's BTA launches new offering, inks deal with Polkadot - The Crypto Company announced that its wholly owned education and consulting subsidiary, Blockchain Training Alliance has launched a new service offering - which will leverage its expertise in blockchain technology to prepare educational resources for engineers looking to build on the Polkadot platform. The launch of the service offering is paired with the announcement that BTA has signed an agreement with decentralized web 3.0 blockchain interoperability platform pioneer Polkadot for the development of an educational program designed to give engineers the necessary tools to work within the platform framework.
VIRX

Hot Stocks

09:03 EDT Viracta Therapeutics announces ODD granted by EC for Nana-val - Viracta Therapeutics announced that the European Commission, EC, has granted an orphan drug designation, ODD, to nanatinostat and valganciclovir, Nana-val, the company's all-oral combination product candidate, for the treatment of peripheral T-cell lymphoma, PTCL. This represents Nana-val's first ODD in Europe and fifth globally. The U.S. Food and Drug Administration previously granted Nana-val ODD for the treatment of T-cell lymphoma, post-transplant lymphoproliferative disorder, plasmablastic lymphoma, and Epstein-Barr virus-positive diffuse large B-cell lymphoma, not otherwise specified. "This orphan drug designation acknowledges the high unmet medical need of this patient population as well as the potential of the Nana-val o offer therapeutic benefit to patients with recurrent peripheral T-cell lymphoma," said Lisa Rojkjaer, M.D., Chief Medical Officer of Viracta. "Patients with peripheral T-cell lymphoma have few effective treatment options, particularly those with relapsed/refractory disease. Of note, Epstein-Barr virus is frequently associated with peripheral T-cell lymphoma, and reportedly confers a worse overall survival for patients. Following the conclusion of our Phase 1b/2 study, we are now continuing the evaluation of Nana-val in patients with relapsed/refractory Epstein-Barr virus-positive lymphoma in our global Phase 2 NAVAL-1 trial, which is actively enrolling at sites across Europe, North America and Southeast Asia."
DKNG

Hot Stocks

09:03 EDT DraftKings taps The Miz, Tony Hawk for responsible gaming ad campaign - DraftKings announced its newest responsible gaming initiative - the Practice Safe Bets advertising campaign - as the Company marks the American Gaming Association's inaugural Responsible Gaming Education Month this September. Produced by DraftKings' creative and media agency VaynerMedia, the campaign includes two commercials - the first featuring professional wrestler The Miz and the second featuring legendary skateboarder Tony Hawk - that emphasize the importance of engaging in responsible gaming, including setting limits on play by using the responsible gaming tools available on the DraftKings app. The spots will air in radio and TV markets across the U.S., as well as on DraftKings' various social media channels.
AIHS

Hot Stocks

09:02 EDT Senmiao Technology announces ride-hailing platform metrics for August 2022 - Senmiao Technology announced the operating metrics for its proprietary online ride-hailing platform for the month of August 2022. In August 2022, Senmiao and its affiliates reported over 1M total completed orders, a 4.5% increase from over 0.97M total orders completed in July 2022. Numbers reported since August 2021 include the number of completed orders from Meituan's ride-hailing platform utilizing Senmiao's network of cars and drivers for a set monthly fee. Numbers reported since April 2022 include the number of completed orders from three other ride-hailing platforms in Chengdu, Xiehua, Anma and Xiaoma, under the same cooperation model as Meituan.
GETY AMZN

Hot Stocks

09:03 EDT Getty Images renews partnership with Amazon.com - Getty Images (GETY) has renewed its partnership with Amazon (AMZN) that sees Getty Images' collection of sports, news, entertainment, archival and creative images integrated in Amazon's Alexa services and products and its Fire TV software stack.
SDXAY

Hot Stocks

09:02 EDT SodexoMagic enters partnership with East Orange School District - SodexoMagic, the joint venture between Magic Johnson Enterprises and Sodexo, Inc., has announced its new partnership with East Orange School District. Through this partnership, SodexoMagic will be providing the students and staff of East Orange School District with nutritional services, including breakfast and lunch, for the next five years.
CVM

Hot Stocks

08:52 EDT CEL-SCI says Multikine reduced and eliminated tumors - CEL-SCI Corporation issued the following letter to its shareholders. "The Phase 3 study of our investigational cancer immunotherapy, Multikine , was the largest advanced primary head and neck cancer study ever conducted. We built a full-scale manufacturing facility and spent 10 years and over $100M because we were convinced that our Multikine could help these very sick patients. Our successful results are unprecedented for a disease that has not seen a survival benefit from treatment in decades. Multikine Reduced and Eliminated Tumors Within Three Weeks and Before Surgery The most important result of our study is this: 16% of Multikine patients in the radiation-only group in our Phase 3 study had at least a 30% tumor reduction within just a few weeks of treatment before surgery. Five of these responders had their tumors completely disappear before surgery. Think about that for a minute. These patients presented with advanced primary disease, and within three weeks of Multikine treatment, before surgery, their tumors were gone. "
NEOV

Hot Stocks

08:48 EDT NeoVolta systems to be deployed in EOS Linx EV charging stations - NeoVolta announced that its systems will be deployed in electric vehicle charging stations at select bp branded locations, starting in Georgia. This initial phase of installations is part of an expected nationwide rollout of NeoVolta batteries in 1,000 EOS Linx EV charging stations at various gas stations, convenience stores, and hotel chains across the country. With the introduction of the charging stations, EV owners/operators will be able to recharge their EV while shopping at select bp convenience stores. bp's U.S. retail presence consists of roughly 7,200 bp and ARCO brand sites, along with more than 1,000 convenience stores. The first installation recently took place at a bp branded service station in the Atlanta suburb of Peachtree City.
ORBT

Hot Stocks

08:47 EDT Orbit's Electronics Group reports August bookings in excess of $2.1M - Orbit International announced that its Electronics Group, reported bookings in excess of $2,100,000 for the month of August 2022. In addition, inclusive of Orbit's Power Group, consolidated bookings reached approximately $2,900,000 for the month. Deliveries for certain of these orders have already commenced and are expected to continue through the second quarter of 2023
BNXAF

Hot Stocks

08:43 EDT Banxa Holdings announces acceleration into the U.S. market - Banxa has made significant further progress on its entry into the key US market. Highlights include: US local acquiring has been activated, which results in immediate lower costs from foreign exchange fees and payments to intermediaries, and increased conversion rates and customers. Comprehensive payments coverage is now available to Banxa's partners and customers operating in the US market, including credit card and wire transfer, with instant ACH to be released imminently. These payment methods will result in higher conversion rates and an improved customer experience. Lodged a further 28 Money Transmitter Licenses, bringing the total to 40. MTLs legally allow Banxa to effectively undertake its business model in the US without leveraging third-party intermediaries, and increases regulatory presence in the market. The Company was granted its first two MTL's in Georgia and Arkansas on 29th and 31st August respectively. Appointment of US Chief Compliance Officer, US Chief Operating Officer, and US Chief Technology Officer, with the US Chief Financial Officer to be appointed imminently; this finalizes the US Executive team. All team members are based in the US operating headquarters located in Reno, Nevada.
ZTEK

Hot Stocks

08:41 EDT Zentek enters manufacturing, supply agreement with Viva Healthcare Packaging - Zentek announces it has entered into a Manufacturing and Supply Agreement with Viva Healthcare Packaging to manufacture and sell surgical masks enhanced with Zentek's proprietary ZenGUARD antimicrobial coating. During the pandemic, VMedCare quickly became one of the leaders in surgical mask manufacturing in Canada with production of between 15 and 20 million units per month. The partnership between Zentek and VMedCare will create a fully "Made in Canada" source of ZenGUARD-enhanced masks for the Canadian market. Under the Agreement, Zentek will provide ZenGUARD-coated spunbond material to VMedCare, who will be responsible for manufacturing and packaging the ZenGUARD surgical masks. Zentek and VMedCare's combined sales teams will work together to secure sales of the ZenGUARD-enhanced surgical masks.
EDSA

Hot Stocks

08:39 EDT Edesa Biotech reports Phase 2b study reaches full enrollment - Edesa Biotech announced that patient recruitment has been completed for a Phase 2b clinical study evaluating the company's drug candidate, designated EB01, as a monotherapy for moderate-to-severe chronic Allergic Contact Dermatitis. EB01 represents a potentially new class of non-steroidal, anti-inflammatory treatment for this often-debilitating occupational disease. All the remaining subjects are expected to complete the primary treatment period within the next 30 days, and Edesa anticipates that topline data will be available by the end of the year. Edesa reported that while topline and final study results are pending and subject to regulatory review, the company is advancing its commercialization strategy for its EB01 drug candidate. This includes preparing trial design and regulatory filings, prioritizing potential add-on or adjacent disease indications for future studies, and exploring potential commercialization partners. EB01 is a topical vanishing cream that contains a novel, non-steroidal anti-inflammatory compound known as an sPLA2 inhibitor. When activated, sPLA2 enzymes have been shown to initiate a cascade of inflammatory lipid mediators along a well-known pathway that is currently the target of steroids. By targeting sPLA2 - at the inception of inflammation rather than after inflammation has occurred - Edesa believes that drugs based on this technology could provide a powerful anti-inflammatory therapeutic strategy for treating diverse inflammatory and allergic conditions. The double-blind, placebo-controlled confirmatory study is evaluating the safety and efficacy of 2.0% EB01 cream in approximately 170 evaluable subjects in total. In addition to the primary cohort, the company has included an exploratory, dose-ranging component of the study, which will separately evaluate lower-strength concentrations of EB01 in an additional 40 subjects. Due to physician and patient interest, the company also added a voluntary 90-day open-label extension with the 2% cream for study patients once they complete their treatment in the main study. The complete data package will be analyzed following the completion of the main study's primary and secondary endpoints as well as the open label extension.
BACK BTMD

Hot Stocks

08:39 EDT Biote enters strategic partnership with IMAC Holdings - Biote (BTMD) has entered into a partnership with IMAC (BACK). Through this partnership, IMAC will add certain Biote services to its network of outpatient clinics that deliver orthopedic, regenerative, and advanced, non-surgical medical procedures.The company has begun training IMAC medical professionals in the Biote Method for launching the treatments at select IMAC Regeneration Centers in September.
TTEC

Hot Stocks

08:38 EDT TTEC Holdings selected by KCH to support digital transformation - TTEC Holdings (TTEC) was selected by KCH Interventional Facilities Management, KCH, as a Microsoft (MSFT) development partner to enable its digital transformation. TTEC Digital's healthcare expertise will enable KCH to accelerate its digital transformation through Microsoft Dynamics 365 and Power Platform to deliver operational efficiencies and provide world class patient experiences. "TTEC Digital is proud to have been selected as a partner by KCH to drive their digital transformation," said Mahadevan Meikum, Head of TTEC Digital, EMEA. "The vision for our work together will augment KCH's value to healthcare providers across the UK, delivering improved outcomes and patient experiences."
BTCY

Hot Stocks

08:38 EDT Biotricity wins NIH grant for AI-enabled real-time monitoring, predictive analyt - Biotricity announced that it will be carrying out an NIH-sponsored Phase I study of Bioflux-AI, Biotricity's innovative artificial intelligence-driven system of real-time monitoring and prediction technology, in subjects with Chronic Kidney Disease. The risk of ischemic and hemorrhagic stroke is 5 to 30 times higher in patients with CKD and has a mortality rate of up to three times that of the general population. Effective stroke risk prediction is currently flawed in CKD patients because comorbidities often remain undiagnosed and stroke risk stratification schemes do not consider stages of CKD. Additionally, the detection of stroke-risk variations due to dialysis requires real-time risk monitoring, which is unavailable to date.
ZEST

Hot Stocks

08:37 EDT Ecoark Holdings closes sale of oilfield services business Banner Midstream - Ecoark Holdings closed its previously announced Share Exchange Agreement, effective August 23, to divest its wholly-owned subsidiary, Banner Midstream, via a reverse merger into the company, Enviro Technologies. Immediately following the closing, Ecoark now owns approximately 70% of the issued and outstanding shares of Enviro common stock. In the coming weeks, Enviro plans to file a request with FINRA to effect a 4:1 forward stock split of Enviro's outstanding common stock which will permit Ecoark to effect an approximately 1-to-1 stock dividend of Enviro common stock to Ecoark's shareholders and equity holders as of a future to be determined record date. As a post-closing regulatory requirement, the two Enviro directors prior to the share exchange shall resign.
TFC

Hot Stocks

08:36 EDT Truist Financial names Mike Maguire as chief financial officer - Truist Financial announced that Mike Maguire, Truist's chief consumer finance and payments officer, has been named chief financial officer, CFO, effective Sept. 15. Maguire succeeds current Truist CFO Daryl Bible, whose retirement was announced in May and who will remain at Truist during a transition period. Maguire will continue to serve as a member of Truist's executive leadership team reporting to Chairman and Chief Executive Officer Bill Rogers and will oversee accounting, tax, treasury, financial planning and analysis, investor relations and other responsibilities from the bank's Charlotte, North Carolina, headquarters.
KOPN

Hot Stocks

08:36 EDT Kopin appoints Michael Murray as new CEO - Kopin announced Mr. Michael Murray has succeeded Dr. John C. C. Fan as CEO, effective September 6. Dr. Fan has held the role of CEO, along with Chairman, since he founded the Company in 1985. Mr. Murray will also join Kopin's Board of Directors.
XSHLF AAWH

Hot Stocks

08:36 EDT XS Financial provides CAPEX lease facility to Ascend Wellness - XS Financial announced that it has provided a $15M lease facility to Ascend Wellness Holdings, a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis. AWH has been approved for a $15M CAPEX lease facility to purchase new equipment with up to 60-month terms. This facility will be used for cultivation, manufacturing and processing equipment across Massachusetts, Illinois, and New Jersey.
SPNT

Hot Stocks

08:35 EDT SiriusPoint appoints Scott Egan as CEO - SiriusPoint has appointed Scott Egan as CEO, effective September 21st. Most recently the Chief Executive of Royal Sun Alliance UK & International, and a FTSE 100 board director for six years, Egan has held senior positions at a number of companies including Aviva, Zurich Financial Services, Brit Insurance and Towergate Broking.
BTMD BACK

Hot Stocks

08:35 EDT Biote announces strategic partnership with IMAC Holdings - biote Corp. (BTMD) announced that it has entered into a partnership with IMAC Holdings (BACK) a regenerative rehabilitation company focused on treating musculoskeletal and neurodegenerative disease. Through this partnership, IMAC will add certain Biote services to its network of outpatient clinics that deliver orthopedic, regenerative, and advanced, non-surgical medical procedures. "As leaders in hormone optimization and regenerative health and wellness, respectively, we believe Biote and IMAC are well-positioned to make an exponential impact on the lives of individuals who are hoping to live fuller, pain-free, and healthy lives through all stages of aging. We are honored to embark on this strategic partnership with a company whose mission aligns so well with ours," said Terry Weber, Biote Chief Executive Officer. "We believe the future is incredibly bright for Biote, IMAC, and all those who will benefit from our partnership.""We are excited to add Biote's services to IMAC clinics, which will be used to implement innovative weight loss and hormone optimization therapy within our current patient population," said Jeff Ervin, IMAC Founder and Chief Executive Officer. "Where IMAC has a focus on evidence-based regenerative applications, Biote brings a similar focus to hormone optimization which we see as a complementary service line to our existing patient base. We believe the Biote Method will be a powerful treatment tool for our clinics to help alleviate certain aspects of obesity, which is a leading cause of chronic illness and back pain."The Company has begun training IMAC medical professionals in the Biote Method for launching the treatments at select IMAC Regeneration Centers in September.
SGBX

Hot Stocks

08:35 EDT SG Blocks announces increase in share buyback program - SG Blocks announced that the company has received board approval to increase its ongoing share buyback program from 500,000 shares to 1,000,000 shares of its common stock. The buyback program was commenced following the filing of the company's Q2 10-Q, and will continue subject to trading window blackout restrictions, under management's discretion.
VTOL EQNR

Hot Stocks

08:34 EDT Bristow awarded multi-year award from Equinor for search, rescue services - Bristow Group (VTOL) announced an award from Equinor (EQNR) to provide search and rescue services offshore at the Johan Sverdrup and Statfjord B platforms, located in the Norwegian North Sea off the west coast of Norway. A critical part of the emergency preparedness on the southern Norwegian continental shelf, the contract has a duration of four years and includes three single year extension options. Three advanced search and rescue configured S-92 helicopters will provide the search and rescue service. Two helicopters will be based on Equinor's platforms with a backup S-92 based onshore. "We are honoured that Equinor has placed their trust in Bristow. This award is a strong declaration of their confidence in our industry-leading experience in providing search and rescue services," said Heidi Wulff Heimark, Managing Director of Norway. "Search and rescue is a strategically important service for Bristow, and we are all extremely proud to be chosen as the preferred operator for SAR services to Equinor's emergency preparedness with SAR helicopters located offshore at Statfjord B and Johan Sverdrup offshore installations and backup SAR."
IAA

Hot Stocks

08:33 EDT IAA expands service footprint of IAA Transport to Mexico, Nigeria - IAA announced that it has expanded its service footprint of IAA Transport to include Mexico and Nigeria. Introduced in 2021, IAA Transport has transformed and streamlined the vehicle transport process with a global branch-to-doorstep delivery solution. With this expansion, buyers in Mexico and Nigeria can now generate real-time quotes on any vehicle available for sale or any vehicle purchased by the buyer, both pre-payment and post-payment. The transaction is completed on a single platform, providing real-time status updates, guaranteed title and a dedicated IAA team handling transportation.
GNSS

Hot Stocks

08:33 EDT Genasys announces new Emergency Management and Zonehaven software contracts - Genasys announced multi-year Genasys Emergency Management software-as-a-service contracts from Pinal County, Arizona and the Housing Authority of New Orleans, and a Zonehaven software contract from the University of California, Irvine. GEM delivers emergency notifications through multiple channels, including voice calls, SMS, email, desktop alerts, social media, IPAWS, and other delivery systems, to help ensure critical communications are received before, during, and after crisis situations. Zonehaven reduces evacuation time from hours to minutes by incorporating hyperlocal knowledge to model evolving disasters and the subsequent impact on evacuation zones, traffic patterns, and public safety.
ZTEK

Hot Stocks

08:32 EDT Zentek enters manufacturing, supply agreement with Viva Healthcare Packaging - Zentek announced it has entered into a manufacturing and supply agreement with Viva Healthcare Packaging to manufacture and sell surgical masks enhanced with Zentek's proprietary ZenGuard antimicrobial coating. During the pandemic, VMedCare quickly became one of the leaders in surgical mask manufacturing in Canada with production of between 15M and 20M units per month. The partnership between Zentek and VMedCare will create a fully "Made in Canada" source of ZenGuard-enhanced masks for the Canadian market. Under the agreement, Zentek will provide ZenGUARD(TM)-coated spunbond material to VMedCare, who will be responsible for manufacturing and packaging the ZenGUARD(TM) surgical masks. Zentek and VMedCare's combined sales teams will work together to secure sales of the ZenGUARD(TM)-enhanced surgical masks.
PRVA

Hot Stocks

08:31 EDT Privia Health to partner with OhioHealth Health System - Privia Health announced a non-binding memorandum of understanding to form a strategic partnership and launch a medical group for independent providers throughout the state of Ohio. The partnership is subject to the negotiation and execution of definitive agreements by both parties. The partnership is expected to support the growth and enhance the performance of OhioHealth's existing clinically integrated network. Privia Health and OhioHealth are expected to provide a new alternative for Ohio physicians and provider groups that choose to remain independent and care for patients across all payment models as they move into value-based care arrangements. New providers are expected to join the new medical group and access the Privia technology and services platform to leverage its data connectivity through a breadth of interoperable solutions and population health expertise to reduce administrative burden, enable care insights and collaboration. Upon execution of the agreements, the new medical group is expected to participate exclusively in OhioHealth's CIN and Accountable Care Organization for access to value-based arrangements.
STLA

Hot Stocks

08:28 EDT Stellantis appoints Chris Taylor as Chief Digital Information Officer - Stellantis has appointed Chris Taylor as Chief Digital Information Officer, reporting to Xavier Chereau, Chief Human Resources and Transformation Officer, effective Sept. 5. Chris Taylor most recently served as Chief Transformation Officer of ServiceNow. Prior to this, he was Global Vice President at Airbus Group where he led the digital transformation and cybersecurity.
CADL

Hot Stocks

08:26 EDT Candel Therapeutics appoints Jason Amello as CFO, Garrett Nichols as CMO - Candel Therapeutics has named Jason Amello as CFO and Garrett Nichols as the Chief Medical Officer or CMO. Amello is joining Candel effective September 21, and is replacing current CFO John Canepa, who has decided to pursue other interests and spend more time with his family. Amello comes to Candel from Saniona AB, a rare disease biotech company where he served as CFO. Previously, Amello was Senior VP, CFO, and Treasurer of Akebia Therapeutics. Prior to joining Akebia, he was Executive VP, CFO and Treasurer of Ziopharm Oncology. Nichols joins the company from Istari Oncology, an oncolytic viral immunotherapy company where he was CMO. Prior to that he had a career at GlaxoSmithKline. He was Head of Clinical Development at ViiV Healthcare, a pharmaceutical company specializing in the development of therapies for HIV infection, and CMO at Chimerix.
WERN CMI

Hot Stocks

08:25 EDT Werner signs letter of intent to secure 500 Cummins engines - Werner (WERN) and Cummins (CMI) announced Werner signed a letter of intent to purchase 500 Cummins' 15-liter hydrogen internal combustion engines upon availability. The two companies announced earlier this year, Werner Enterprises plans to validate and integrate Cummins'15-liter natural gas and Cummins' X15H hydrogen engines, both part of Cummins' fuel agnostic platform, into their fleet.
PETV

Hot Stocks

08:24 EDT PetVivo appoints Paula Wittler as Western Business Development Manager - PetVivo Holdings announced that Paula Wittler has accepted a position with the Company as its new Business Development Manager for the Western Region of the United States.She has served in various roles in product promotion, product distribution, technical sales and marketing with veterinary companies such as Zoetis Animal Health.
LSEA TMHC

Hot Stocks

08:23 EDT Landsea Homes names two new division VP of sales, marketing - Landsea Homes (LSEA) announced that two new division Vice Presidents, VP, of Sales and Marketing have been named. Hector Lopez will hold the position in Florida and Marc Rico will hold the position in Northern California. Lopez has more than 18 years of experience in the field of sales and marketing for various homebuilding companies. Prior to joining Landsea Homes, Lopez was an Area Sales Manager for another national homebuilder, Taylor Morrison (TMHC). Rico most recently served as Director of Business Development for the U.S. Western Division of Hydraloop, a global water recycling company.
OXLC

Hot Stocks

08:22 EDT Oxford Lane estimates NAV per share $5.69-$5.79 as of August 31 - Management's unaudited estimate of the range of the NAV per share of our common stock as of August 31, 2022 is between $5.69 and $5.79. This estimate is not a comprehensive statement of our financial condition or results for the month ended August 31, 2022. This estimate did not undergo the Company's typical quarter-end financial closing procedures and was not approved by the Company's board of directors. We advise you that our NAV per share for the quarter ending September 30, 2022 may differ materially from this estimate, which is given only as of August 31, 2022. As of August 31, 2022, the Company had approximately 156.4 million shares of common stock issued and outstanding.
SLHG

Hot Stocks

08:22 EDT Skylight Health provides general corporate update - Skylight Health provided a general corporate update on the status of the company's initiatives to drive organic growth, continue on its pathway to profitability and expansion of value based care contracts. Over 15% growth in patient visits in August 2022 vs July 2022 driven by newly implemented contact center and other marketing initiatives; over $10M reduction from forecasted annual costs driven by lower operating expenses and restructuring of corporate overhead including Nasdaq de-list; Q3 adjusted EBITDA tracking lower than Q2 2022 on an unaudited basis; company expects new value based contracts to complement current contracts with Humana, CarePlus and AvMed in Florida for 2023, and new Medicaid value based contract in Colorado. The company intends to launch a new contact center at the end of Q1. Additionally, the contact center will provide a stronger platform for outbound campaigns. Most of 2021 and early 2022 was spent laying the foundation to manage National practices and prepare for value based care contracts. The company has been working diligently in Q2 and into Q3 2022 to identify and target costs that are not directly related to the current operations or to support organic growth in its fee-for-service and value-based care segments. This along with corporate restructuring efforts have resulted in a forecasted reduction of $10M per year from its annual costs exiting Q1. These costs will continue to come off through Q3 as the company works on its pathway to adjusted EBITDA break-even this year. As the company prepares for annual enrollment in Medicare Advantage in Q4 this year, it is looking to expand on its current contracts with Humana, CarePlus and AvMed.
VNET

Hot Stocks

08:22 EDT VNET Group announces change in registrant's certifying accountant - VNET Grou announced the appointment of KPMG Huazhen as the Company's independent registered public accounting firm, effective September 7, 2022, succeeding Ernst & Young Hua Ming, E&Y, the Company's former independent registered public accounting firm. The change of the Company's independent registered public accounting firm was made after careful consideration and evaluation process and was approved by the audit committee of the board of directors of the Company. E&Y has served as the Company's independent registered public accounting firm since 2010. On August 16, 2022, the Company notified E&Y of its intention to dismiss E&Y. E&Y's audit reports on the Company's consolidated financial statements as of and for the years ended December 31, 2020 and 2021 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. On September 7, 2022, the Company dismissed E&Y. The Company is working closely with E&Y and KPMG to ensure a seamless transition
UAL

Hot Stocks

08:21 EDT United Airlines raises Q3 operating revenue growth view to 12% vs. 2019 from 11% - Updates Q3 capacity guidance to down 11% to down 10% from down 11%, CASM to 16% from 16%-17%, and adjusted operating margin to 10.5% from 10.0%. In a regulatory 8-K filing, the company also stated: "Exiting a robust summer, the Company continues to see a strong demand environment and now expects third quarter 2022 total operating revenue to be up around 12% versus third quarter 2019. The Company has seen improving operational reliability over the course of 2022. As a result, third quarter 2022 capacity is trending higher than originally expected and is now expected to be down 10% to 11% versus third quarter 2019. With costs in line with, to slightly better than original expectations but spread over greater capacity, the Company now expects third quarter 2022 CASM-ex1 to be up around 16% versus third quarter 2019. As a result, adjusted operating margin2 is expected to improve to approximately 10.5%."
HLIT

Hot Stocks

08:20 EDT Harmonic introduces new Single Illumination System - Harmonic announced it will introduce a new Single Illumination System, SIS, offering to ensure greater interoperability and cost savings for broadcast operators with digital terrestrial television, DTT, and direct-to-home, DTH, services. "Our new SIS solution optimizes DTT and DTH distribution over satellite and offers a one-stop-shop solution for DVB-SIS, including transmission and reception," said Stephane Cloirec, vice president of video appliance products at Harmonic. "Our software solution provides operators a flexible, scalable and cost-effective approach for increasing viewer engagement by including regional channels in DTT offerings."
PIXY

Hot Stocks

08:20 EDT ShiftPixy announces application for dual listing on Upstream - ShiftPixy announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. The planned dual listing on Upstream is designed to provide ShiftPixy the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in NASDAQ-listed ShiftPixy. Commenting on the application to list on Upstream, Scott W. Absher, Chairman and Chief Executive Officer of ShiftPixy, said, "We continually seek to leverage cutting-edge capabilities in all we do, and we envision a dual-listing on Upstream providing ShiftPixy with the very latest approach in terms of access to worldwide capital markets and the technology to reach countless potential new investors who can learn about our many exciting growth-oriented endeavors."
VTSI

Hot Stocks

08:20 EDT VirTra receives orders worth $9.0M from two federal agencies - VirTra has received two orders worth approximately $9.0M under an existing contract with the U.S. Customs and Border Protection. Of the total order amount, $4.3M is attributable to the CBP and $4.7M is attributed to another U.S. federal agency ordered under the same contract. The orders consist of VirTra's flagship V-300 and portable V-100 simulators, recoil kits and magazines, V-Threat-Fire devices and other accessories. Service plans are included as well as training and installation. Items on the orders are expected to be delivered within the next eight months.
DVN...

Hot Stocks

08:19 EDT Several energy companies to invest $60M to aid energy technology startups - Energy companies Devon Energy (DVN), ONEOK (OKE) and Williams (WMB), venture capital firm Energy Innovation Capital, EIC, and tech-focused non-profit Tulsa Innovation Labs, TIL, have joined together to "transform America's heartland into a hub for energy technology startups and redefine a sector that has shaped the region's economy for more than a century." Spearheaded by EIC, the first-of-its-kind initiative aims to attract energy technology startups to the region with access to resources including free office space and custom startup support services. EIC will also provide access to early-stage capital with a $50 million fund and assist startups to pilot forward-looking technologies with founding corporate partners, Devon Energy, ONEOK and Williams. By fueling R&D and innovation, the project is expected to create more than 1,700 jobs across the energy industry. "The Rose Rock initiative will give Devon and our partners direct access to advanced technologies and creative talent right here in Oklahoma," said Trey Lowe, vice president and chief technology officer, Devon Energy. "We are excited to foster and expedite ground-breaking solutions to positively impact lives everywhere, and know that disruption and continuous improvement are necessary to meet growing energy demands while reducing environmental impact."
MSSTF

Hot Stocks

08:18 EDT Mindset Pharma files national patents protecting Family 1 application - Mindset Pharma announced the filing of 16 different national applications for the protection of one of four of the Company's key Families of novel, next-generation psychedelics with differentiated characteristics. Included within these applications are several drug candidates that the Company classifies as belonging to "Family 1", which are described as second-generation psilocybin analogs, with potential improvements in effect size, safety, safety, and manufacturing compared to psilocin and psilocybin. Mindset's Family 1 scaffold includes the first elected Mindset clinical candidate, MSP-1014, which is the Company's most advanced drug candidate, a psilocybin-like chemical entity that has the potential to be a best-in class psychedelic treatment, and more effective alternative. MSP-1014 has demonstrated improved efficacy, with reduced potential side effects, and safety profile compared to the first-generation drug candidate, psilocybin, in preclinical studies. Mindset filed national applications in 16 different countries altogether, including the principal South East Asian markets. In order to further broaden its intellectual proprety portfolio, Mindset has also recently filed another provisional application with the USPTO applying a new elegant chemical structural strategy to Family 1, which has never been explored before, to enhance its overall intellectual property moat around Family 1 candidates. The Company is pleased to announce that it has granted options to purchase an aggregate of 200,000 common shares of the Company exercisable at a price of $0.55 per share and expiring on September 6, 2023, to an investor relations consultant of the Company.
CUE

Hot Stocks

08:18 EDT Cue Biopharma to present at two September scientific conferences - Cue Biopharma announced members of their management and scientific teams will participate in two scientific conferences this September, The Promise of Interleukin-2 Therapy September 14-17 in Paris, France and the Next Generation Protein Therapeutics Summit, held in Boston September 28-30. Dr. Levisetti will present an overview of Cue Biopharma's Immuno-STAT platform highlighting data from clinical trials evaluating CUE-101, the company's lead clinical candidate from the CUE-100 series, in patients with human papilloma virus positive recurrent/metastatic head and neck squamous cell carcinoma as a monotherapy and in combination with pembrolizumab. Dr. Quayle will provide an overview on the company's lead CUE-400 series drug product candidate CUE-401, a novel bispecific molecule designed for differentiation and expansion of induced regulatory T cells. Dr. Quayle will discuss preclinical data supporting CUE-401's mechanism of action and potential opportunity for the treatment of patients with autoimmune and graft-versus-host disease. Cue Biopharma plans to advance the CUE-400 series programs through strategic partnerships. Dr. Suri will present an overview of Cue Biopharma's Immuno-STAT platform and biologics designed to present tumor-specific proteins to T cell receptors of the target tumor-specific T cells, to modulate that T cell repertoire for the anti-cancer response, as well as clinical data demonstrating the single-agent anti-tumor activity of CUE-101, the company's first IL-2 based clinical candidate, in late-stage head and neck cancer patients.
TEVA

Hot Stocks

08:18 EDT Teva: Patient who used ProAir Digihaler boost weekly number of SABA-free days - Teva Pharmaceuticals announced that full results from the CONNECT1 study evaluating the ProAir Digihaler , albuterol sulfate, Inhalation Powder and the Digihaler System in the management of asthma patients compared to standard of care albuterol reliever therapy, were published online ahead of print in The Journal of Allergy and Clinical Immunology: In Practice. The study found patients who used the ProAir Digihaler had reductions in weekly average daily short-acting beta agonist inhalations and an increase in weekly number of SABA-free days. In addition, patients in the ProAir Digihaler group had a higher number of discussions with physicians around adherence and inhaler technique prompted by the objective data provided by ProAir Digihaler versus patients who used SoC albuterol inhalers. "Asthma remains one of the most common and challenging chronic health conditions in adults and children, many of whom have poorly-controlled disease leading to increased symptoms, exacerbations and healthcare resource utilization. Asthma management is complicated, and overuse and misuse of rescue medications is a common problem that contributes to poor asthma control," said Flavia C.L. Hoyte, M.D., Associate Professor of Allergy and Immunology at National Jewish Health in Denver, Colorado, and University of Colorado Hospital, Aurora, Colorado. "This study highlights the potential of a digital health tool to support asthma management and physician-patient interactions and discussions around inhaler technique and adherence, as recommended by asthma guidelines."
EDSA

Hot Stocks

08:17 EDT Edesa Biotech completes patient recruitment in EB01 study - Edesa Biotech announced that patient recruitment has been completed for a Phase 2b clinical study evaluating the company's drug candidate, designated EB01, as a monotherapy for moderate-to-severe chronic Allergic Contact Dermatitis, or ACD. EB01 represents a potentially new class of non-steroidal, anti-inflammatory treatment for this often-debilitating occupational disease. All the remaining subjects are expected to complete the primary treatment period within the next 30 days, and Edesa anticipates that topline data will be available by the end of the year.
AMTX

Hot Stocks

08:17 EDT Aemetis finalizes $7B of supply contracts with airlines - Aemetis announced that $7 billion of sustainable aviation fuel and renewable diesel supply agreements have been signed with 10 airlines for a total of 916 million gallons of blended SAF, including a contract with Cathay Pacific that was signed by Aemetis today. Previously, Aemetis announced a contract with a major travel stop chain for 450 million gallons of renewable diesel. The combined value of the 10 airline contracts, including incentives, is approximately $3.8 billion. The airline supply agreements provide for the delivery of SAF over a seven-to-ten year time period. Airline customers include Delta Air Lines, Jet Blue Airlines and oneworld Alliance members American Airlines, Alaska Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines and Qantas.
RMTI

Hot Stocks

08:16 EDT Rockwell Medical appoints Heather Hunter as chief corporate affairs officer - Rockwell Medical announced that Heather Hunter has joined the company as SVP, chief corporate affairs officer. In this role, Hunter will be responsible for the company's investor relations, media relations, government affairs, patient advocacy, communications, and branding. Prior to joining Rockwell, Hunter led communications at Venatorx Pharmaceuticals, a private, pre-commercial anti-infectives pharmaceutical company.
TMC

Hot Stocks

08:15 EDT Metals Company subsidiary receives ISA recommendation to begin collection test - Metals Company announced that the International Seabed Authority has completed its review of the Environmental Impact Statement and Environmental Monitoring and Management Plan submitted by its subsidiary, Nauru Ocean Resources or NORI, and recommended that it proceed with its forthcoming collector test. The conclusion of the International Seabed Authority's review process allows NORI to proceed with its planned integrated pilot collection system trials in its NORI-D exploration contract area in the Clarion Clipperton Zone of the Pacific Ocean. NORI's offshore strategic partner Allseas will test a system consisting of a prototype nodule collector at the seafloor and the riser system to bring nodules to the surface production vessel, Hidden Gem. Approximately 3,600 tons of polymetallic nodules are expected to be collected during the trial beginning later this month with an expected conclusion in Q4. The data collected, together with many terabytes of existing baseline data collected by NORI throughout 16 offshore campaigns, will form the basis of NORI's application to the International Seabed Authority for an exploitation contract.
SDC

Hot Stocks

08:14 EDT SmileDirectClub joins Dental Trade Alliance - SmileDirectClub announced its membership with the Dental Trade Alliance, joining dozens of the most elite suppliers and service providers in the oral health industry, with the common goal of improving the state of oral care. SmileDirectClub will be the organization's only member that offers clear aligners exclusively.
SRTS

Hot Stocks

08:14 EDT Sensus Healthcare adds Mohammad Khan to Medical Advisory Board - Sensus Healthcare announces the addition of Mohammad K. Khan, M.D., Ph.D. to its Medical Advisory Board. This appointment increases the size of the Sensus Medical Advisory Board to 10 professionals. Dr. Khan is a world-renowned physician scientist who currently serves as Professor of Medicine in the Department of Radiation Oncology at the Emory University School of Medicine.
JELD...

Hot Stocks

08:13 EDT Jeld-Wen appoints Halligan to board of directors - JELD-WEN (JELD) announced the appointment of Catherine Halligan to its board of directors, effective September 5, 2022. Today's announcement adds a fourth woman to JELD-WEN's board of directors and expands it to eight members, seven of whom are independent. Halligan currently serves on the board of directors of three publicly traded companies: Driven Brands Holdings (DRVN), Ferguson (FERG), and Ulta Beauty (ULTA).
KHC

Hot Stocks

08:12 EDT Kraft Heinz updates long-term net leverage target ratio to three times - The company said, "Kraft Heinz is committed to providing stockholders with a strong return of capital and given current circumstances plans to prioritize its deployment of capital to: maintain its current attractive dividend, invest in the organic business to support brands and profitable growth, pay down debt, maintain commitment to investment grade, pursue accretive acquisitions and/or repurchase shares and further increase dividends, subject to the approval by the Board of Directors. The Company has updated its long-term net leverage target ratio from consistently below four times to approximately three times. With interest rates 100% fixed with a weighted average maturity of 14.5 years, and leverage meaningfully improved, the Company believes this level will provide Kraft Heinz with a strong balance sheet through cycles and sufficient financial flexibility."
DCO

Hot Stocks

08:12 EDT Ducommun's Appleton Performance Center expected to exceed $100M in revenue - Ducommun's Appleton, Wisconsin performance center is expected to exceed $100 million in revenue this year. This is a major milestone and the success is largely attributed to the performance center's significant growth, including full program life cycle support of key customers such as Raytheon Missiles and Defense and Raytheon Intelligence & Space. Ducommun has recently won several Low Rate Initial Production contracts with Raytheon. This includes Raytheon's Next Generation Jammer Mid-Band system for the United States Navy and represents over $10 million in revenue. Ducommun has also been identified as a strategic supplier of several of Raytheon's Land Warfare & Air Defense Mission programs including the next generation Excalibur, TOW, and Javelin missiles. This work represents over $8 million dollars in revenue with promising long term sales opportunity as the programs progress to full rate production.
AGIO

Hot Stocks

08:12 EDT Agios Pharmaceuticals announces resignation of CFO Jonathan Biller - Agios Pharmaceuticals disclosed that on September 6, Jonathan Biller notified the company of his intention to resign as Chief Financial Officer, head of corporate affairs and principal financial officer of the company, effective September 16, in order to pursue other opportunities.
FSS

Hot Stocks

08:12 EDT Federal Signal to acquire TowHaul Corporation for $46.1M - Federal Signal announced the signing of a definitive agreement to acquire substantially all the assets and operations of TowHaul Corporation, a leading manufacturer of off-road towing and hauling equipment, for cash consideration of $46.1M, subject to post-closing adjustments. The purchase price includes the acquisition of TowHaul's manufacturing facility in Belgrade, Montana. "The acquisition further bolsters our position as an industry-leading diversified industrial manufacturer of specialized vehicles for maintenance and infrastructure markets with leading brands of premium, value-adding products, and a strong supporting aftermarket platform," said Jennifer L. Sherman, President and Chief Executive Officer. "The combination of TowHaul with Ground Force Worldwide, which we acquired in October last year, allows us to serve our shared, global customer base with a broader range of world-class products and solutions. It also creates a platform that is well-positioned to capitalize on a number of tailwinds expected to drive future growth, including robust industrial activity, vehicle electrification, and other green initiatives. We are excited to welcome TowHaul's talented team members to the Federal Signal family." The Company anticipates completing the transaction during the fourth quarter of 2022, subject to customary closing conditions, and expects the acquisition to be accretive in 2023.
KHC

Hot Stocks

08:11 EDT Kraft Heinz highlights long-term financial targets - The company's previously announced long-term algorithm reflects this accelerated growth profile with targeted: organic net sales growth of 2% to 3%; adjusted EBITDA growth of 4% to 6% and adjusted EPS growth of 6% to 8%. The company plans to drive organic net sales growth of 2% to 3% through its three strategic pillars of growth, each anticipated to contribute approximately one percentage point of growth with the following targets: North America Zone Retail representing approximately two-thirds of total company organic net sales and growing approximately 1% to 2%, in line with pre-pandemic industry growth. Foodservice representing roughly 15% of total company organic net sales and growing mid-to-high single digits. Emerging Markets Retail, within the Company's International Zone, representing approximately 10% of total company organic net sales and growing double digits. Adjusted EBITDA growth of 4% to 6% is expected to be driven by organic net sales growth, gross margin expansion enabled primarily by anticipated gross efficiencies of nearly 3% per year, and flat overhead as a percentage of organic net sales, while increasing marketing by approximately one percentage point over time, as a percentage of organic net sales. The expected adjusted EBITDA growth, along with expectations of declining interest expense, partially offset by anticipated increasing depreciation, is expected to drive 6% to 8% adjusted EPS growth. The company is now targeting to maintain capital expenditures at approximately 4% of organic net sales and generate free cash flow conversion at approximately 100%. "We have successfully completed two phases of our ongoing transformation - resetting our foundation and implementing our operating model," said Patricio. "With the right people, portfolio and capabilities in place, we now look ahead to accelerating profitable growth. Achieving greatness will also include a focus on personalized marketing and a strong emphasis on innovation. I am excited about what we have accomplished so far and how it positions us for the future, but we still have work to do."
ECOR

Hot Stocks

08:11 EDT electroCore's gammaCore treatment for opioid withdrawal shows efficacy - electroCore announced the publication of a peer reviewed manuscript in the journal Brain Stimulation. This double-blind, randomized, sham-controlled study of 21 patients with OUD found that nVNS reduced both the psychological and physiological symptoms of acute opioid withdrawal. In particular, statistically significant reductions in opioid withdrawal symptoms, distress, and pain were observed over the course of a 2-hour protocol for the nVNS group, in comparison to the sham stimulation group. This was accompanied by a statistically significant decrease in heart rate during active nVNS compared to sham stimulation, across all stimulations.
RAAS

Hot Stocks

08:10 EDT Cloopen regains compliance with NYSE minimum price requirement - Cloopen Group announced that, based on a notification letter the Company received from the New York Stock Exchange, NYSE, on September 1, 2022, the Company has regained compliance with the NYSE's continued listing standard for minimum share price. On May 31, 2022, the NYSE notified the Company that it was not in compliance with the NYSE's continued listing standards because, as of May 27, 2022, the average closing price of the Company's American depositary shares was less than US$1.00 per ADS over a consecutive 30 trading-day period. On September 1, 2022, the Company received a confirmation from the NYSE that a calculation of the Company's average ADS price for the 30-trading days ended August 31, 2022 indicated that the Company's ADS price was above the NYSE's minimum requirement of US$1.00 based on a 30-trading day average. Accordingly, the Company is no longer considered below the US$1.00 continued listing criterion. As a result, the Company has regained compliance within the prescribed time, and the ADSs will continue to be traded on the NYSE, subject to the Company's continued compliance with all applicable continued listing standards.
MGA

Hot Stocks

08:10 EDT Magna, Cartken to collaborate on autonomous delivery robots - Magna, and San Francisco-based autonomous robotics company, Cartken, announced an agreement for Magna to manufacture Cartken's autonomous delivery robot fleet to meet growing demand for last mile delivery. Manufacturing of Cartken's Model C has begun in a Magna facility in Michigan. Production capacity is expected to ramp up over the next few months and as the collaboration expands the two companies plan to include additional autonomous delivery models based on the same platform for different use-applications and robot-as-a-service business models. Based on Cartken's forecast, thousands of autonomous delivery robots are expected to be produced during the term of the agreement.
FAMI

Hot Stocks

08:09 EDT Farmmi continues North American sales expansion with latest order - Farmmi announced the Company is continuing its North American sales expansion with its latest order, complementing growth in the Company's new corn and cotton businesses. The order for Winter mushrooms and Camellia mushrooms will export to Canada. Yefang Zhang, Farmmi's Chairwoman and CEO, commented "We are focused on driving growth as we leverage the strong platform we built in our core fungi business, with the significant new greenfield revenue opportunities we recently added in corn and cotton. These are all established, very large markets where our brand, logistics and supply chain expertise, warehousing and processing and fulfilment capabilities give Farmmi a meaningful competitive advantage. Food scarcity has increasingly been at the forefront of concerns for many of our customers as they work to secure much needed inventory during global drought conditions and continuing COVID concerns. Our team is doing a great job supporting this added demand and working closely with our customers to align with their expected growth over the coming quarters. We also continue to prioritize the geographic markets we are focusing our resources on, with North America remaining one of the highest growth potential markets for us after our domestic China market and the broader Asian market."
TASK

Hot Stocks

08:09 EDT TaskUs authorizes $100M share repurchase program - TaskUs has authorized the commencement of a share repurchase program to purchase up to $100M of shares of its Class A common stock. This repurchase program terminates on December 31, 2024, and may be modified, suspended or discontinued at any time at the company's discretion. The program does not obligate the company to acquire any amount of common stock.
EWTX

Hot Stocks

08:08 EDT Edgewise gets FDA authorization for EDG-5506 trial for DMD treatment - Edgewise Therapeutics announced that the U.S. Food and Drug Administration has authorized a clinical trial of EDG-5506 in children with DMD. The Company expects to begin dosing participants in the LYNX Phase 2 trial in the fourth quarter of 2022. EDG-5506 is an investigational orally administered small molecule myosin modulator designed to protect injury-susceptible fast skeletal muscle fibers in dystrophinopathies such as DMD and Becker muscular dystrophy . "This is an important achievement for our team as we seek to expand our studies with EDG-5506 into individuals with DMD. Our team has worked with key opinion leaders and patient advocacy groups to thoughtfully design our LYNX Phase 2 clinical trial," said Joanne Donovan, M.D., Ph.D., Chief Medical Officer of Edgewise. "The promising tolerability and changes in biomarkers of muscle damage that we have seen in studies with EDG-5506 in individuals with BMD supports our next step of expanding enrollment to individuals with DMD." The LYNX Phase 2 trial is a placebo-controlled trial to assess the effect of three doses of EDG-5506 over 12 weeks on safety, pharmacokinetics and biomarkers of muscle damage. Approximately 27 children with DMD aged 4 to 9 years on stable corticosteroids are expected to be enrolled at up to 12 sites across the United States. Participants will then continue in an open-label extension part of the trial for a total of 12 months to gain further insights into safety and functional measures. Importantly, this trial is designed to identify the doses of EDG-5506 that have the potential to reduce biomarkers of muscle damage and provide functional benefit to patients in a Phase 3 trial. "As observed in many neuromuscular disorders, we need to have complementary approaches to address the underlying cause of the condition," said Pat Furlong, Founding President and Chief Executive Officer, Parent Project Muscular Dystrophy. "By Edgewise expanding from Becker to Duchenne, this adds hope for those affected by Duchenne."
INSM

Hot Stocks

08:08 EDT Insmed reports inducement grants under NASDAQ listing rule - Insmed announced the granting of inducement awards to 10 new employees. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Insmed's Compensation Committee and made as a material inducement to each employee's entry into employment with the Company. In connection with the commencement of their employment, the employees received options on September 1, 2022 to purchase an aggregate 35,910 shares of Insmed common stock at an exercise price of $25.19 per share, the closing trading price on the Nasdaq Global Select Market on the date of grant. The options have a 10-year term and a four-year vesting schedule, with 25% of the shares subject to the option vesting on the first anniversary of the relevant grant date and 12.5% of the shares subject to the option vesting every six months thereafter through the fourth anniversary of the relevant grant date, subject to the relevant employee's continued service with Insmed on the applicable vesting date.
BBI FRTX

Hot Stocks

08:07 EDT Brickell Biotech announces corporate rebranding to Fresh Tracks - Brickell Biotech announced that it has changed its name to Fresh Tracks Therapeutics. The new name, logo, website, and branding elements were introduced to reflect the company's evolution into a clinical-stage pharmaceutical company aiming to disrupt existing treatment paradigms by developing innovative and differentiated prescription therapeutics for the treatment of autoimmune, inflammatory, and other debilitating diseases. The Company's common stock will begin trading under the new Nasdaq ticker symbol "FRTX" on September 8, 2022. The introduction of the Fresh Tracks Therapeutics brand is designed to represent the Company's fresh vision and development strategy. The unveiling of the Company's rebranding reinforces its commitment to develop novel therapies in immunology and inflammation, its path toward strategic growth, and a renewed corporate strategy. Scientific Advisory Board. In connection with the rebrand to Fresh Tracks Therapeutics, the Company announced the formation of a Scientific Advisory Board consisting of renowned scientists and clinicians with deep experience across immunology and inflammation, including Drs. Kate Fitzgerald, Bernard Khor, Pui Lee, Peter Nigrovic, and Bridget Wagner. The SAB will provide expertise and guidance to the FRTX management and Board of Directors as the Company develops its novel pipeline of differentiated therapies for the treatment of autoimmune and inflammatory diseases, including FRTX-02, FRTX-10, and next-generation kinase inhibitor platform.
OCX

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08:07 EDT OncoCyte's DetermaRx test recommended by Advisory Panel - Oncocyte announced that the Advisory Panel for clinical diagnostic laboratory tests has unanimously recommended that starting January 2023, the company's DetermaRx test be cross-walked to CPT code 81522, currently priced at $3,873. Medicare will consider this recommendation and is expected to post its preliminary decision in mid-September for public comments and issue a final determination in mid-November. Separately, the company announced that Palmetto GBA, a Medicare administrative contractor for the Molecular Diagnostics Services program, has conveyed the validity of a Local Coverage Determination reconsideration request for broader coverage for DetermaRx to include risk-stratification to assess the risk of recurrence for the early-stage NSCLC patient to determine the best course of action for patient management.
COMS

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08:06 EDT COMSovereign announces departures of chairman, CEO Hodges, President Howell - COMSovereign announced that the Board of Directors of COMSovereign has accepted the resignation of co-founder, Chairman and CEO Daniel Hodges, effective September 1, 2022. The Board has also concurrently accepted the resignation of co-founder, President and Board member John Howell, effective on September 1, 2022. The Board has been reviewing CEO candidates and has appointed David Knight as interim CEO until a formal selection is made. David Knight has been appointed by the Board to replace Dan Hodges. Knight has been advising COMSovereign over the past several months. He previously served as CEO of Dispersive Holdings, a cybersecurity company based in Atlanta, GA and was CEO of Federos.
PATH

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08:05 EDT UiPath expands pact with Snowflake with bi-directional integration - UiPath announced it has strengthened its partnership with Snowflake, the Data Cloud company, by launching a new bi-directional integration that will extend the value of automation across the enterprise. UiPath and Snowflake are enabling joint customers to design and build workflows based on 360-degree views of trusted and accessible data on Snowflake's platform. By leveraging the Snowflake Data Cloud, UiPath robots can quickly connect data directly to business processes in the Data Cloud without using complex code, speeding up time to value. Automation is helping organizations around the world become faster and more agile in the face of increased demand and rapidly changing environments. The UiPath end-to-end platform provides robotic process automation at its core, removing manual work so users can focus on what matters most. In fact, IDC projects that by 2025, RPA-driven economic benefits from revenues will almost equal economic benefits from cost savings and operational efficiencies.* With this expanded integration, UiPath and Snowflake will continue to enable customers to accelerate digital transformation and simplify the automation of data pipelines for data-driven decision making. "The partnership between UiPath represents customers' needs for both data and business processes that should be fast, frictionless, and automated," said Tarik Dwiek, Head of Technology Alliances at Snowflake. "As demand for automation on data increases, partnerships with organizations, such as UiPath, help Snowflake serve our joint customers globally and support our mission of mobilizing the world's data."
TYME SYRS

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08:04 EDT Tyme Technologies merger with Syros recommended by Glass Lewis and ISS - Tyme Technologies (TYME) announced that independent proxy advisory firms GlassLewis and ISS have recommended that Tyme stockholders vote "for" the previously announced merger of Tyme and Syros Pharmaceuticals /SYRS) and "for" all other matters to be voted upon at the company's upcoming Special Meeting of Stockholders scheduled for September 15. On July 3, Syros and Tyme entered into an Agreement and Plan of Merger, pursuant to which Tyme will merge with a wholly owned subsidiary of Syros. In the merger, it is expected that Syros would issue approximately 74.3 million shares of its common stock to Tyme stockholders to acquire Tyme and Tyme stockholders are expected to receive approximately 0.4312 shares of Syros common stock for each share of Tyme common stock. Upon closing of the merger, Tyme will become a wholly owned subsidiary of Syros. Concurrent with the merger, Syros announced a $130M private investment in public equity financing at a price per unit of 94c.
ARIS

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08:04 EDT Aris Water Solutions names Stephan Tompsett as CFO - Aris Water Solutions announced that Stephan Tompsett has been named Aris's next CFO. Tompsett will assume the responsibilities of CFO immediately. Tompsett has over 20 years of experience primarily in the energy industry in both industry and banking roles. He most recently served as CFO of Limetree Bay Energy and prior to that served as CFO of EagleClaw Midstream and held leadership roles at Andeavor including CFO of Andeavor Logistics, a subsidiary of Andeavor.
PWP

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08:04 EDT Perella Weinberg Partners appoints Raj Dayalan as partner - Perella Weinberg Partners announced that Raj Dayalan has joined the Firm as a Partner in its Advisory Business. Based in Los Angeles, Mr. Dayalan will work within the Firm's Technology Group and provide strategic and financial advice to clients across North America.
IREN

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08:03 EDT Iris Energy reports 301 bitcoin mined in August - Corporate: Prince George on track for energization in September 2022, increasing total expected Company operating capacity to 3.7 EH/s; Company operating capacity guidance increased from 4.3 EH/s to 4.7 EH/s by the end of Q4 2022; Company to publish its financial results for the full year ended June 30, 2022 on Tuesday, September 13, 2022 Eastern Time. Operations: Average operating hashrate of 2,204 PH/s; Monthly operating revenue of US$6.6 million; 301 Bitcoin mined. Construction: Mackenzie; Construction activities continue to progress for expansion from 50MW to 80MW and remains on track to be completed by the end of Q4 2022; Expected site operating capacity increased from 2.1 EH/s to 2.5 EH/s by the end of Q4 2022; Prince George: Commissioning activities underway, with major equipment installation in the substation close to complete; Construction of all three data center buildings complete; Internal fit out for the first and third data center buildings complete and well progressed for the second data center building; Construction of the high voltage connection to the BC; Hydro transmission network complete; Childress; An initial 40MW development is planned at the 600MW site; Earthworks have commenced for the substation area, the first data center building area and internal road network. As previously announced on August 1, 2022, the Company reached agreement with Bitmain to ship an additional 1.7 EH/s of S19j Pro miners, increasing expected operating capacity from 4.3 EH/s to 6.0 EH/s. $46.7 million of the previous $130 million of payments made to Bitmain, along with an additional payment of $5.9 million of cash on hand, were utilized as payment for the additional 1.7 EH/s of miners.3 0.4 EH/s of the additional miners are expected to be deployed at Mackenzie, increasing the Company's expected total operating capacity from 4.3 EH/s to 4.7 EH/s by the end of Q4 2022. An initial 40MW is planned at Childress for deployment of the remaining 1.3 EH/s of additional miners, to reach total expected Company operating capacity of 6.0 EH/s.
SNCE

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07:56 EDT Science 37, NuvoAir partner for respiratory clinical trials - Science 37 Holdings announced a partnership with NuvoAir, to incorporate remote collection of respiratory endpoints data into clinical trial designs-helping to bypass the need for patients to visit hospital sites for lung function testing and other respiratory assessments. NuvoAir's clinical trial solution enables the collection and integration of multiple endpoints which are captured from the comfort of patients' homes via a suite of connected devices; an integrated patient app; clinician software; and a wrap-around clinical service. This solution facilitates the deployment of agile and fully decentralized clinical trials, unlocking many of the potential benefits of agile trials, such as universal access for patients and providers, accelerated enrollment, better retention rates and increased diversity of trial enrollees.
AZ

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07:47 EDT A2Z Smart Technologies appoints Yaniv Levy as director, customer success - A2Z Smart Technologies announced the appointment of Mr. Yaniv Levy to the position of Director of Customer Success. Prior to joining A2Z, Mr. Levy held the role of Head of International Delivery at NCR with responsibilities in managing worldwide delivery. Mr. Levy will be responsible for managing A2Z's continued rollout internationally and will focus primarily on the successful transition from Pilot to full implementation of the Company's Smart Cart Solution and ensuring that the "customer life cycle" is seamless.
LIMAF WKHS

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07:47 EDT Linamar to supply commercial vehicle eAxle program to Workhorse Group - Linamar (LIMAF) announced that it has secured a new eAxle system contract with Workhorse Group (WKHS) for commercial vehicle delivery trucks. This is Linamar's first major eAxle contract with a Commercial Vehicle OEM and builds upon the previous success in the light vehicle eAxle segment. Linamar will be the Tier 1 supplier for the complete beam eAxle system. "This is an exciting new project for Linamar," said Linda Hasenfratz, Linamar's Executive Chair and CEO. "Our eLIN Group's beam eAxle product lines have been gaining attention within the Commercial Vehicle space for some time now. Our portfolio of electrified business continues to grow and expanding into diverse pathways such as Commercial Vehicles is a key element of our strategy; it is great to see the efforts of our Commercial Vehicle eAxle design and development come to fruition. We look forward to the opportunity to work with a world class organization like Workhorse Group."
WNRS

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07:46 EDT Winners says subsidiaries' ad campaigns increase database of sports gamblers - Winners, Inc. announced that its subsidiaries FaceBook & Instagram ad campaigns being implemented are substantially increasing its database of sports gamblers with the intent to materially increase its subscription and referral based income with the start of College and NFL football season. Winners subsidiaries VegasWinners and The LongShot Report are registering tremendous increases in its database of Subscribers. In less than a month, VegasWinners has built a second live customer acquisition funnel signing new Subscribers daily. VegasWinners implemented LongShots successful time-tested marketing strategy and back-end platform which has produced thousands of paid Subscribers for LongShot in the past.
CRNC BMWYY

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07:44 EDT Cerence selected by BMW Group for AI-powered virtual assistant - Cerence (CRNC) has been selected by BMW (BMWYY) to create a new voice and AI-powered virtual assistant in the latest version of the BMW Intelligent Personal Assistant. These new capabilities are expected to be available first in the all-new BMW 7 Series and BMW i7 models. In the latest generation of BMW IPA, Cerence delivers enhanced natural language understanding that aims to makes it easier for BMW drivers and passengers to operate various in-car functions and complete tasks by using their voice. BMW IPA can now serve spoken prompts about specific functions that drivers may want to know about, maximizing their safety, productivity and comfort on the road. BMW drivers in China will also benefit from increased functionality as BMW IPA now offers voice-powered control of key WeChat features like sending a message or making a voice call.
GMSQF

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07:43 EDT Gamesquare Esports to present at Leaders UK conference - Gamesquare Esports announces that it will present at Leaders UK conference, in London, UK, to be held between September 28-29, 2022. Justin Kenna, CEO of GameSquare, will be joined on stage by Max Holloway, UFC Featherweight Champion and a Complexity Stars Team Member. The group topic is Unlocking the Younger Audience: Using Gaming to Build Equity Through Trusted Voices and a Flexible Approach and will be held on September 28, 2022. Leaders UK brings together 2,000 senior executives from across the global sport business eco-system.
JUSHF

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07:42 EDT Jushi Holdings debuts cannabis-infused chocolates by Tasteology - Jushi Holdings announced the launch of cannabis-infused chocolates by Tasteology in Massachusetts. The debut of the Company's latest product line, which has been handcrafted by Jushi's Director of Manufacturing and Bravo's Top Chef: Just Desserts finalist, Matt Petersen, in concert with Jushi's product development team, marks the Company's entrance into the cannabis-infused chocolates market.
RIOFF

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07:41 EDT Rio2 Limited provides Fenix Gold EIA plan update - Rio2 Limited is providing an update of its activities following the announcement made on July 5, 2022, with respect to the Atacama Regional Evaluation Commission's decision not to approve the Environmental Impact Assessment for its Fenix Gold Project in Chile. The Environmental Qualification Resolution which is the administrative document with which the Environmental Assessment Service, outlines the rationale for their decision, was issued on July 19, 2022. Since the receipt of this document, the Company, along with its Chilean environmental and legal advisors, have been evaluating options to continue to advance the Project. On review of the RCA, Rio2 has identified numerous discrepancies with factual and procedural matters in the RCA, which it believes provides grounds for a strong case for the decision to be reviewed in a non-judicial administrative appeal before a Committee of Ministries. The Committee of Ministries is composed of the Ministries of Environment, Health, Economy, Agriculture, Energy and Mining. The national director of SEA is the secretary of the Committee. After a thorough review of the RCA, in collaboration with the Company's external legal counsel and environmental consultants, Rio2 maintains its conviction that during the environmental assessment process of the Fenix Gold Project's EIA, the Company provided all the information requested by the different agencies and addressed, with the highest technical standards, the observations raised during the process. It should be noted that on completion of the rigorous EIA process, 18 agencies issued their technical conformity to the Project. Furthermore, Rio2 is particularly proud of its social engagement strategy over the past four years that paved the way for the successful completion of the Participacion Ciudadana and Consulta Indigena processes resulting in favorable agreements with the indigenous communities directly impacted by the Project. Based on the findings of the RCA review, Rio2's local subsidiary Fenix Gold Limitada decided to exercise its right to file an administrative appeal before the Ministries Committee and filed the appeal on August 31, 2022.
PYR

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07:41 EDT PyroGenesis' zero-emission plasma torches selected by magnesium producer - PyroGenesis has been selected by a an international producer of magnesium metal to test PyroGenesis' zero-emission plasma torches as part of their process for transforming mining waste and recycled minerals into high-value metal. At this time, the name of the client remains anonymous for confidentiality reasons. First, at the request of the client, PyroGenesis has developed a method to clean and decontaminate particulate matter produced during primary magnesium production. The second initiative is to process the metal waste stream known as dross, for the purpose of recovering valuable metal. Metal recovery from dross is not widespread in the magnesium industry, due to the complexity of the process and the inherent challenges of working with magnesium. PyroGenesis has already received a small purchase order for the cleaning and decontamination initiative, with a Q4 targeted end date for the conceptual testing. The dross recovery initiative is still in the planning stages.
SEOVF EVO

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07:39 EDT Sernova appoints Daniel Mahony to board of directors - Sernova announced the appointment of Daniel Mahony, Ph.D. to its Board of Directors, effective September 30th, 2022. Dr. Mahony is Entrepreneur-in-Residence at Evotec and is also responsible for managing Evotec's equity investment portfolio.
SGSVF

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07:38 EDT Sabina Gold & Silver makes formal construction decision for Goose Gold mine - Sabina Gold & Silver Corp. provides an update on advancements of the Goose Mine development at the Company's 100% owned Back River Gold District in Nunavut, Canada. The Goose Mine is the Company's first mine on the 80 km long Back River Gold District, a multi-generational mining district already with a high-grade world class gold endowment. Over the past few years, Sabina has been steadily advancing logistics, civil works, engineering and procurement. All pre-development activities are now completed and we are ready for full construction to commence in 2023. All major equipment and materials required for construction have been either procured, marshalled at our east and west transportation hubs, have been delivered or are in transit to the Port Facility in Bathurst Inlet, Nunavut. In addition, the underground ramp has been progressed to our first ore access sublevel and will be sufficiently completed to enable underground drilling of the V2 zone in the 4th quarter of this year. With financing in hand and these significant activities completed, the Board of Directors of the Company has made a formal construction decision for the Goose Mine. After the Company arranged over ~C$800 million of project financing package earlier this year, significant procurement, engineering and civil work has been completed at both the Goose site and the Port facility. Of the C$610 million CAPEX estimated, approximately C$218 million was identified as direct equipment and materials purchases. Sabina has procured, or has committed agreements to procure, just over 75% of these identified purchases. Reconciliation on purchases have seen an average overall inflationary escalation of 14% since March of 2021, with a 20% escalation on the purchases made in 2022. The Company continues to monitor, with a strategy of pre-planning and accelerating procurement efforts to reduce exposure to inflationary impacts. Efforts now focus on securing the remaining 25% of materials required.
VYGR

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07:38 EDT Voyager Therapeutics appoints Peter Pfreundschuh as CFO - Voyager Therapeutics appointed Peter Pfreundschuh as CFO, Todd Carter as Chief Scientific Officer and Trista Morrison as Senior VP of Corporate Affairs. Prior to joining Voyager, Peter Pfreundschuh served as CFO of Frequency Therapeutics. Prior to joining Frequency, Pfreundschuh served as CFO, Chief Compliance Officer and Corporate Secretary for UroGen Pharma. Prior to UroGen, Pfreundschuh was the CFO of Sucampo Pharmaceuticals. Todd Carter is a neuroscientist with more than 20 years of experience in the life science industry. He most recently served as Voyager's Senior Vice President of Research. Prior to joining Voyager in 2016, Carter served as the Senior Science Advisor to the Office of the Director of the Broad Institute of MIT and Harvard. Trista Morrison most recently served as Chief Corporate Affairs Officer for rare disease company Saniona. Previously, Morrison served as VP of Communications and Patient Advocacy for Sobi in North America.
AAPL

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07:37 EDT Apple Store goes down ahead of iPhone event - The Apple Store has gone down ahead of a major iPhone event on Wednesday. On its website, Apple says "Be right back. We're making updates to the Apple Store. Check back soon." Apple is expected to announce a new iPhone, new Apple Watches, and new AirPods Pro. Reference Link
MRMD

Hot Stocks

07:36 EDT Marimed appoints Jon Levine as president - MariMed announced the appointment of Jon Levine as President, effective immediately. Levine co-founded MariMed with CEO Bob Fireman over a decade ago. The two executives, with current Chief Operating Officer Tim Shaw, built the foundation of the business that has grown to become a leader in the cannabis industry. Mr. Levine's sound financial discipline as CFO enabled MariMed to continually deliver some of the best financial results among publicly traded MSOs. He was subsequently elevated to the position of CAO, with responsibility for the Company's sales, marketing, operations, financial reporting, and communications functions.
SAIA

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07:35 EDT Saia reports August LTL shipments per workday declined 1.9% - Saia is providing LTL shipment and tonnage data for the first two months of the third quarter. In July 2022, final LTL shipments per workday declined 1.1%, LTL tonnage per workday increased 2.9% and LTL weight per shipment increased 4.0% to 1,436 pounds compared to 1,381 pounds in July 2021. In August 2022, LTL shipments per workday declined 1.9%, LTL tonnage per workday increased 0.4% and LTL weight per shipment increased 2.3% to 1,431 pounds compared to 1,399 pounds in August 2021
NGD

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07:35 EDT New Gold provides drill results from program at New Afton Mine - New Gold provides detailed drill results for the underground exploration program underway at its New Afton Mine and provides an update on additional exploration activities at its operations. "I am very encouraged by the results to date on New Afton's underground exploration program," stated Renaud Adams, President & CEO. "New Afton's underground exploration program is focused on increasing higher-grade Mineral Resources to enhance the near-term mine plan and extend the mine life. We are focused primarily on three key initiatives. The first involves defining the higher-grade zone within the upper portion of the East Extension. The second is to explore the potential down plunge extension of the higher-grade zone, and the third initiative is to test for additional mineralization beneath the higher-grade zone. The upper portion of the East Extension continues to return gold and copper assay results well above the current Mineral Reserve grades, while the lower portion down plunge and the D-Zone remain open. Given the lateral proximity to the C-Zone, the East Extension appears to have the potential to bring additional higher-grade reserves at a low development cost into the mine plan in the near-to mid-term."
PRAX IONS

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07:34 EDT Praxis Precision Medicines provides update on pediatric epilepsy programs - Praxis Precision Medicines (PRAX) plans to start the PRAX-222 EMBRAVE clinical study for the treatment of pediatric patients with early-seizure-onset SCN2A developmental and epileptic encephalopathy - DEE -, after the FDA cleared the Investigational New Drug application for the initial dose cohort. Following collection of the safety and efficacy data from the first cohort of patients in the EMBRAVE study, the data will be evaluated and submitted to the FDA to seek authorization for further dose escalation. Praxis also intends to start the PRAX-562 Phase 2 study for the treatment of pediatric patients with SCN2A and SCN8A DEEs outside of the U.S. before the end of 2022, after the FDA placed a clinical hold on its second IND application for PRAX-562. Praxis has initiated discussions with the FDA to provide clarification about the pre-clinical and clinical data packages in relation to the clinical hold correspondence. Topline results for the PRAX-562 Phase 2 study for the treatment of pediatric patients with SCN2A and SCN8A DEEs are expected in 2023.PRAX-222 has received Orphan Drug Designation (ODD) and Rare Pediatric Disease Designation from the FDA, and ODD from the EMA for the treatment of SCN2A-DEE. The PRAX-222 program is ongoing under a collaboration with Ionis Pharmaceutics (IONS) and RogCon.
ARAY

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07:34 EDT Accuray partners with Genolier Innovation Hub - Accuray Incorporated announced the company is joining forces with Genolier Innovation Hub, a fully-owned subsidiary of AEVIS VICTORIA, in support of a unique new approach to improving patient care. Genolier Innovation Hub will unite companies from the medtech, pharma and biosciences sectors, physicians and scientists, under one roof, with the goal of bringing medical and technological advances to patients faster. The Hub is expected to open in early 2024. Genolier Innovation Hub will be located in the heart of the Genolier Healthcare Campus in Genolier, Switzerland. The facility will offer different workspaces to meet the varied requirements of the participants including operating rooms to support simulation-based training, bunkers with radiation therapy systems for training, R&D and demonstration, and meeting rooms equipped with the most advanced technologies to host seminars, workshops and events. "We are proud to lead the radiation therapy industry as an anchor for Genolier Innovation Hub. Our involvement is consistent with our focus on advancing patient care through investments in innovation in all aspects of our business, from our technology to clinical support and education," said Suzanne Winter, president and chief executive officer of Accuray. "We look forward to partnering with Genolier Innovation Hub to usher in a new level of collaboration that speeds the progress made in patient-centric care. This is a long-term commitment for both companies."
TW

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07:34 EDT Tradeweb Markets reports total trading volume for August of $23.4T - Tradeweb Markets reported total trading volume for August of $23.4T. Average daily volume for the month was $1.02T, an increase of 13% year-over-year.
DAKT

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07:33 EDT Daktronics director James Morgan to retire - Daktronics announced the retirement of James Morgan from the Board of Directors at the end of his current term, effective September 7, 2022. He has been a Director of the Company since 1984 and has served on the Nominating and Corporate Governance Committee since October 2016, including as its Chair since June 2020, and on the Audit Committee from 2016 to 2021. Director Lance Bultena has been named the chairperson of the Nominating and Corporate Governance Committee.
EBC

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07:33 EDT Eastern Bankshares announces new $200M share repurchase plan - Eastern Bankshares announced that it has received regulatory non-objection to proceed with a new share repurchase program, under which the company is authorized to purchase up to 8,900,000 shares, representing approximately 5% of Eastern's shares of common stock now outstanding. The repurchase program, which is limited to $200M through August 31, 2023, may be modified or terminated by the board of directors of the company at any time.
AXON

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07:33 EDT Axon enter partnership with WellStar to equip security with de-escalation tools - Axon announced that Wellstar Health will equip hospital security officers across their network of Georgia hospital campuses with de-escalation tools and training, as well as TASER 7 energy devices. TASER's Axon brand includes a growing suite of connected products and services from body cameras and digital evidence management tools to mobiles apps. With more than a dozen facilities across the state of Georgia, Wellstar Health serves one out of six Georgians and has more than 24,000 employees. "We are pleased to partner with Wellstar as they deploy TASER 7 devices across their campuses," says Axon Strategic Account Executive, David Arth. "With this deployment, Wellstar is demonstrating their commitment to a cutting-edge healthcare security operation that provides patients, guests and staff with a safer environment."
VITFF

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07:32 EDT Victoria Gold provides update on exploration drill program - Victoria Gold is pleased to provide an update on its exploration drill program. The Eagle exploration drilling program took place from December 2021 through May 2022 and continued on the success of the 2021 Eagle Deep drilling program. The 2022 program focused on key areas for the potential expansion of the Eagle Gold deposit to the west of the existing Eagle Gold pit. In total, 10,342 meters of diamond drilling in 23 drill holes have added approximately 500m of mineralized strike length from the current Eagle pit boundary. Highlights of the Eagle exploration program include: DG22-106c: 301.0m @ 0.52 g/t Au from 102.0M including: 69.5m @ 0.72 g/t Au from 244.0m; DG22-1013C: 215.0m @ 0.60 g/t Au from 206.5m including 51.0m @ 0.88 g/t Au from 355.5m; DG22-1017C: 72.3m @ 1.14 g/t Au from Surface including: 32.7m @ 2.24 g/t Au from 50.3m; DG22-1023C: 240.3m @ 0.63 g/t Au from 254.0M including: 78.0m @ 1.29 g/t Au from 284.0m. "Last year's exploration drilling clearly demonstrated there is more to the Eagle deposit than was captured in the 2019 Technical Report." commented John McConnell, President and CEO of Victoria. "Of particular note from the 2022 campaign, is how a small, focused drilling program delineated mineralization extensions to the Eagle deposit. This year's drilling results will be included in an updated Eagle Gold Mineral Resource in Q1 2023."
GPL

Hot Stocks

07:28 EDT Great Panther Mining provides corporate update - Great Panther Mining reports a corporate update following the announcement on September 6, 2022, regarding the filing of a notice of intention to seek creditor protection. Great Panther's Brazilian subsidiary, Mina Tucano and its two shareholders, Beadell and Beadell, has filed a judicial reorganization proceeding in the judicial district of Rio de Janeiro, State of Rio de Janeiro, Brazil. The judicial reorganization proceeding is a court-supervised arrangement between debtors and their creditors to allow the debtors to attempt to restructure their operations and liabilities and in order to address a situation of financial distress. Under the judicial reorganization proceeding, Mina Tucano and its shareholders will remain in possession of their assets and will continue to control and manage the business as a going concern. They will obtain protection against collection and enforcement actions in order to preserve their liquidity and assets and to effectively negotiate with their creditors a judicial reorganization plan intended to maximize stakeholder value. On September 6, 2022, as a result of the Company filing a notice of intention to make a proposal under Canada's Bankruptcy and Insolvency Act, the Toronto Stock Exchange suspended trading of the Company's common shares and advised the Company that a delisting review would be required by the TSX. The TSX is reviewing the eligibility for continued listing on the TSX of the common shares of the Company pursuant to an expedited review process. The delisting review is expected to take place on September 16, 2022. On September 6, 2022, the Company also received notice that the NYSE American has determined to commence proceedings to delist the Company's common shares from the NYSE-A. The NYSE-A notified the Company that it no longer complies with the continued listing standards set forth in the NYSE American Company Guide.
PYCR

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07:27 EDT Paycor announces pricing of offering of common stock - Paycor HCM announced the pricing of an underwritten public offering of 5,000,000 shares of common stock on behalf of investment funds advised by Apax Partners LLP at a price to the public of $27.35 per share. The offering consists of 3,531,941 shares offered by Pride Feeder, L.P. and 1,468,059 shares offered by AIX Pride Syndication, L.P., respectively. Each of the selling stockholders are controlled by investment funds advised by Apax Partners LLP. Paycor will not receive any of the proceeds from the sale of the shares being offered by the selling stockholders but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions. The offering is expected to close on September 9, 2022, subject to customary closing conditions. Goldman Sachs & Co. LLC is acting as underwriter for the offering.
CROJF

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07:27 EDT Marimaca Copper announces infill drilling results from MOD - Marimaca Copper is pleased to announce further results from the 2022 infill and extensional drilling campaign at the Marimaca Oxide Deposit. Results reflect a total of 6,130m across 31 drill holes. The drilling intersected mineralization in-line with the current geological interpretation of the MOD. Drilling in the south-east zone of the MOD, on trend with the Sierra and Sorpresa satellite targets, continues to demonstrate extensions to green-oxide rich mineralization beyond the previously interpreted limits of the 2019 Mineral Resource Estimate. Copper oxide mineralization also remains open to the east of the MOD. Hole MAR-158 was drilled on a ~150m step-out from the eastern pit limits and intersected continuations of shallow green oxide mineralization. Drilling on the western boundary of the MOD confirmed limits of copper oxide mineralization with lower-grade intersections of thinning mineralization. In the central MOD, hole MAR-65Ext intersected extensions of higher-grade mineralization into the MAMIX zone. Highlights Infill drilling intersected extensions to known green-oxide mineralization in the south-east zone of the MOD, consistent with previous 2022 results. MAMIX drilling intersected extensions to higher grade oxide and mixed mineralization at depth, improving confidence in the higher-grade core of the MOD and MAMIX. Oxide intersections from step-out drilling on the north-eastern boundary of the MOD demonstrates a material broadening of the MOD's oxide halo to the east which is consistent with previous step-out drilling. Notable intersections include MAR-65Ext intersected 332m at 0.44% CuT from 36m, including a higher-grade extension of 78m at 0.90% CuT from 218m; LAR-96 intersected 98m at 0.41% CuT from surface including 22m at 1.14% CuT from surface; MAR-172 intersected 200m at 0.25% CuT from 12m including 66m at 0.51% CuT from 38m; MAR-171 intersected 164m at 0.37% CuT from 2m including 96m at 0.53% CuT from 70m;MAR-158 intersected 72m at 0.36% CuT from 120m; LAR-03 intersected 346m at 0.32% CuT from 2m including 40m at 0.34% CuT from 272m; LAR-25 intersected 340m at 0.33% CuT from 12m; The 2022 drilling program is now finalized with 38,570m of RC and 3,000m of diamond drilling complete; 21,992m of remaining drilling to be released pending final assay results. Sergio Rivera, VP Exploration of Marimaca Copper, commented: "We have now completed the 2022 Marimaca drilling campaign with our work now focused on the upcoming mineral resource update planned for late September or early October. Overall, the 2022 program was a success. All our objectives going into the program were met and results continue to be in-line with our geological interpretation at the MOD, with the consistency of the Marimaca mineralization demonstrated again in this latest batch of results."
AGI

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07:24 EDT Manitou Gold provides exploration results for Western Nickel spin-out - Manitou Gold provides interim results from its ongoing exploration activities, in support of the initiative to spin out nickel-cobalt-PGE commodities from the Goudreau project into a newly incorporated subsidiary, Western Nickel Corp. Highlights: Over 30 additional nickel bearing ultramafic bodies interpreted from geophysics. 100% success rate in ground truthing ten ultramafic hosted nickel-cobalt targets exposed at surface. Grab samples from seven targets returned up to 0.31% nickel, 350 ppm cobalt, 1.84 g/t palladium and 0.24 g/t platinum; results from the remaining three targets are pending. Drill program underway with two out of three drill holes completed. The first two holes drilled 500 m and 900 m west of discovery hole MTU-22-14 intersected continuously serpentinized and mineralized intervals of ultramafic rocks over a core length in excess of 200 metres. Third drill hole to test the strongest portion of the magnetic anomaly to the north of discovery hole MTU-22-14 with 48 m @ 0.25% Nickel is currently underway. Microprobe analysis of core samples from discovery hole MTU-22-14 indicates that nickel is dominantly hosted in heazlewoodite and lesser nickel alloys. No nickel was detected in silicate phases of the rock indicating near total liberation of silicate nickel. Diamond drilling is currently underway at the Company's 100% owned Goudreau project, following up on the recent results that demonstrate the untested potential for significant nickel mineralization comparable to Canada Nickel's Crawford deposit, located in Timmins, and the Dumont nickel deposit, located in Quebec. As reported on June 13, 2022, Manitou intersected a 48 m wide interval of highly serpentinized ultramafic rocks grading 0.25% Ni and 100 ppm Co starting at 29 m after reaching bedrock. The hole was collared in nickel mineralization near the southern margin of the ultramafic intrusion and, therefore, did not intersect the full width of the mineralized zone. To date, the Company has completed two drill holes located 500 and 900 metres west of discovery hole MTU-22-14, in a separate intrusion that measures more than 800 metres long and approximately 200-300 metres wide.
DLTNF

Hot Stocks

07:23 EDT Delta 9 Cannabis completes acquisition of three Manitoba retail cannabis stores - Delta 9 Cannabis completed a previously announced transaction with 10552763 Canada Corp. whereby, pursuant to the asset purchase agreement between the company and the vendor dated August 12, the company acquired all or substantially all of the vendor's assets relating to the operation of three Garden Variety branded retail cannabis stores located in Manitoba, two in Winnipeg and one in Brandon. The purchase price paid by the company relating to the transaction was $3.25M, subject to customary adjustments. $2,925,000 of the Purchase Price was satisfied through the issuance of 17,944,785 common shares in the capital stock of the company at a deemed price of $0.163 per Common Share. $325K of the Purchase Price will be satisfied through the issuance of 1,993,865 Common Shares at a deemed price of the Common Share Price per Common Share, which will be issued in approximately six months. The closing of the transaction remains subject to the final approval of the TSX.
XOS

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07:20 EDT Xos names W.W. Williams as pilot service provider in Arizona - Xos has named W.W. Williams as a pilot service provider in the state of Arizona. W.W. Williams is a services provider that offers mechanical service and repair, power generation, and warehousing and logistics services. As part of the agreement, W.W. Williams will provide maintenance service and repairs on Xos vehicles in regions of Phoenix, Ariz. and Tucson, Ariz. W.W. Williams will also support Xos customers with an inventory of in-stock Xos service parts.
GUROF

Hot Stocks

07:19 EDT Guru Organic Energy launches 'Back to Reality' campaign - GURU Organic Energy Corp. is pleased to announce the launch of its "Back to Reality" national marketing campaign, aimed at showcasing GURU's energizing benefits and natural functional qualities, whether for work, school, sports or just everyday life.
XPO

Hot Stocks

07:19 EDT XPO Logistics appoints Jamie Harris as CFO for RXO spin-off - XPO Logistics announced that JamieHarris will become CFO of RXO, the planned spin-off of XPO's brokered transportation platform. Harris will join XPO as CFO of the North American transportation division, effective September 26 and will lead RXO's finance operations when the separation is complete. He will report to Drew Wilkerson, who, as previously announced, will be CEO of RXO, and currently serves as president, transportation - North America. Harris joins XPO from global manufacturer SPX Technologies, where he served as CFO and treasurer. Prior to SPX, Harris was CFO and interim CEO with Elevate Textiles and CFO with Coca-Cola Consolidated. XPO intends to spin off its asset-light brokered transportation platform from its asset-based less-than-truckload business, creating two separate, publicly traded companies with vast growth prospects in North America. XPO expects to complete the spin-off in 4Q22.
HLIO

Hot Stocks

07:18 EDT Helios Technologies to acquire Daman Products, terms undisclosed - Helios Technologies has entered into a definitive agreement to acquire the assets of Daman Products. Founded in 1976, Daman is headquartered in Mishawaka, Indiana and is a recognized leader in complex manifold design and manufacturing for precision hydraulic manifolds and related fluid conveyance products. Daman products are used in numerous hydraulics applications for industrial and mobile markets including applications in the oil and gas, railroad, construction, agriculture, forestry, mining, material handling, machine tool, robotics, and entertainment industries. Daman is a highly recognized brand with a quality reputation, has market share in the standard manifold niche market segment, as well as in custom designed integrated solutions. Sun Hydraulics, a Helios company, and Daman have collaborated for years to create solutions that address customers' fluid power challenges. Helios expects to close the transaction in the fourth quarter of 2022 or as soon as practicable, subject to customary closing conditions. Terms of the acquisition were not disclosed.
AXSM

Hot Stocks

07:18 EDT Axsome Therapeutics announces publication of post-hoc analysis of Sunosi - Axsome Therapeutics announced the publication of a post-hoc analysis comparing the effects of Sunosion excessive daytime sleepiness in patients with and without a history of depression. Sunosi is the first and only dual-acting dopamine and norepinephrine reuptake inhibitor indicated to improve wakefulness in adult patients with excessive daytime sleepiness due to narcolepsy or obstructive sleep apnea. This secondary analysis included data from two 12-week, randomized, double-blind, placebo-controlled trials in adult patients with EDS associated with narcolepsy or OSA. The analysis showed that treatment with Sunosi improved EDS symptoms both in patients with and without a clinical history of depression, compared to placebo. The results also confirmed earlier findings of a high prevalence of a history of depression in participants with narcolepsy or OSA, and suggest that increased awareness of this association may have clinical significance. Common treatment-emergent adverse events were also similar in those with and without a history of depression.
UCBJF

Hot Stocks

07:17 EDT UCB announce new three-year results from BE BRIGHT OLE study - UCB announced new three-year results from the BE BRIGHT open-label extension, OLE, study evaluating the long-term safety, tolerability and efficacy of bimekizumab in adults with moderate to severe plaque psoriasis who completed one of three pivotal Phase 3 studies. Data presented from the BE BRIGHT OLE study showed that over eight out of 10 patients who achieved complete skin clearance following 16 weeks of bimekizumab treatment maintained PASI 100 response and health-related quality of life outcomes through to three years with continuous maintenance dosing. In addition, approximately nine out of 10 patients who achieved absolute PASI at week 16 maintained this response through to three years. Pooled data from up to three years of treatment in Phase 2 and 3 clinical trials showed that bimekizumab was generally well-tolerated over this period with no safety signals identified. Bimekizumab is an investigational product; its efficacy and safety have not been established for any indication in the U.S. and it is not approved by the U.S. Food and Drug Administration. "These positive results highlight the deep and long-lasting skin clearance achieved with bimekizumab, along with a consistent safety and tolerability profile, and reinforce the positive relationship clearing skin has on patients' quality of life. These new data add to the growing body of evidence supporting longer-term use of bimekizumab in moderate to severe plaque psoriasis," said Emmanuel Caeymaex, Executive Vice President, Immunology Solutions and Head of U.S., UCB.
TM

Hot Stocks

07:16 EDT Toyota announces GR Supra Manual Transmission now on sale - The 2023 Toyota GR Supra: The Manual Transmission is available as an option on the Supra 3.0 and 3.0 Premium. The GR Supra MT is arriving on dealer lots now with a Manufacturer's Suggested Retail Pricing starting at $52,500. "When we revealed the GR Supra back in 2019, we tapped into a heritage nameplate for Toyota," said Mike Tripp, vice president of Toyota Vehicle Marketing and Communications. "But we were regularly asked if there would be a manual version. We immediately took that feedback to heart and started developing it, and we're happy that we can now bring customers the perfect complement for Supra's high-torque, high output engine with a six-speed manual."
BCYC

Hot Stocks

07:16 EDT Bicycle Therapeutics announces BT5528 Phase I dose escalation results - Bicycle Therapeutics announced Phase I dose escalation top-line results from its Phase I/II trial of BT5528, a BTC targeting EphA2, in patients with advanced solid tumors. "The therapeutic profile from the dose escalation portion of the Phase I/II trial of BT5528 in patients with late-line disease suggests both differentiated safety and promising activity, most notably in ovarian and urothelial cancers," said Dominic Smethurst, Chief Medical Officer of Bicycle Therapeutics. "Significant safety concerns seen with antibody drug conjugate approaches have limited the ability to effectively address EphA2, a target which correlates with tumor progression and is overexpressed in many cancers. Based on BT5528's promising and differentiated safety profile, we hope to demonstrate the true therapeutic potential of this target, this program and our broader Bicycle Toxin Conjugate platform."
SLSSF

Hot Stocks

07:15 EDT Solaris Resources reports assay results from Warintza Project - Solaris Resources is pleased to report assay results from a series of holes aimed at growing the Northeast Extension of the 'Indicative Starter Pit' at its Warintza Project in southeastern Ecuador. Highlights are listed below, with a corresponding image in Figure 1 and detailed results in Tables 1-2. Highlights Additional drilling has expanded the Northeast Extension of the 'Indicative Starter Pit' recently estimated at 180 Mt at 0.82% CuEq (Indicated) and 107 Mt at 0.73% CuEq within the Warintza Mineral Resource Estimate . This zone is characterized by near surface, high-grade mineralization and remains open for further growth with follow-up drilling underway. SLS-66 was collared on a platform at the northeastern limit of the Warintza Central grid and drilled southwest into an open volume, returning 124m of 0.82% CuEq within a broader interval of 622m of 0.42% CuEq starting from surface SLS-66 follows from previous holes SLS-63 and SLS-54, which were drilled from the same pad to the north and southeast and respectively returned high-grade intervals of 230m of 1.02% CuEq and 356m of 0.73% CuEq within broader intervals; SLS-64 was collared on a platform at the northern limit of Warintza Central and drilled north-northeast into an open volume, returning 110m of 0.54% CuEq from near surface within a broader interval of 440m of 0.48% CuEq, extending and broadening the zone to the north in this area SLS-64 follows from previous holes SLS-62 and SLS-48, which were drilled from the same pad to the northeast and south and respectively returned high-grade intervals of 168m of 0.68% CuEq and 100m of 1.64% CuEq within broader intervals SLS-65, which is a step out hole from a new platform 200m to the north, has now been completed after operational delays with adjustments to the platform for drilling and assays are expected within the next four weeks Mr. Jorge Fierro, Vice President, Exploration, commented: "Drilling from existing and recently-completed platforms in the Northeast Extension zone is a key driver in the expansion of the 'Indicative Starter Pit', and we look forward to reporting the next set of results in the near future as the backlog of assays pending is now resolved."
AMYT

Hot Stocks

07:15 EDT Amryt Pharma to present data from Phase 3 Trial of Mycapssa - Amryt Pharma will be presenting outcomes from the MPOWERED trial related to the time from the last Somatostatin Receptor Ligand - SRL -injection at the 20th European NeuroEndocrine Association Congress in Lyon, France September 7-10. Data presented in a poster presentation of the MPOWERED trial shows that the time of initiation of Mycapssa relative to the last SRL injection was not associated with differences in biochemical control, acromegaly symptoms control or patient reported outcomes. A trend was noted for increased adherence to treatment, when Mycapssa was initiated within three weeks (following the last injection, compared with the last week of the injection interval. Data highlights from the poster include: in the MPOWERED phase 3 trial, Mycapssa could be initiated any time after the last injection up until the time of the next schedule injection +3 days. 40 patients initiated treatment within 3 weeks from the last injection, and 105 patients, initiated Mycapssa greater than or equal to 3 weeks from the last injection (=during the last week of the injection interval; biochemical response, acromegaly symptoms and patient reported outcomes were comparable at the end of the run-in phase, regardless of timing of Mycapssa initiation relative to the prior SRL injection; no new or increased safety signals were identified with a shorter time to initiation of Mycapssa.
FEAM

Hot Stocks

07:14 EDT 5E Advanced Metals enters research collaboration with Boston College - 5E Advanced Materials announced its research collaboration agreement with Boston College for the advancement of boron-based materials research in solar energy systems. Under the terms of the agreement, 5E will provide funds to and collaborate with Boston College in exploring and developing novel boron-based materials that have the potential to integrate solar energy capture, conversion, and storage into a single closed system. This research has the potential to create intellectual property and commercialization pathways for 5E as it pertains to the manufacturing of boron enhanced solar energy systems.
SM

Hot Stocks

07:14 EDT SM Energy announces $500M share repurchase program, fixed dividend increase - SM Energy Company announced that its Board of Directors has approved a return of capital strategy that includes: Share repurchase authorization of up to $500 million through year-end 2024 and Fixed dividend increased to $0.60 per share annually. President and CEO Herb Vogel comments: "Together with our Board of Directors, I am delighted to announce that we are initiating our program to return capital to stockholders. We have clear visibility to achieving our leverage objectives, positioning the Company to commence the next phase of stockholder value enhancement. Our strategy is to implement a capital return framework that supports long-term, sustainable capital investment and balance sheet strength with upside. We plan to initiate the return of capital program at a level that we believe is sustainable at commodity prices well below the current strip. Our base case for this program assumes commodity prices of $60 per barrel oil and $3 per Mcf natural gas. We seek to offer a predictable yield to investors, augmented by the potential for share price appreciation realized through stock repurchases. Today's announced capital return program is a testament to our confidence in the high-quality and longevity of our asset base and balance sheet strength. It is designed with the potential to grow in a stable, improving future macro environment."
VEEV

Hot Stocks

07:13 EDT Veeva Systems announce INCOG BioPharma implemented its Vault Quality Suite - Veeva Systems announced that INCOG BioPharma Services implemented Veeva Vault Quality Suite as a foundation for digital excellence across its new 90,000-square-foot manufacturing facility. Vault Quality empowers INCOG BioPharma's teams with a connected digital system that simplifies working with partners and provides transparency to customers. "Launching our facility with modern quality solutions that can keep up with strict project requirements while streamlining collaboration was a top priority," said JR Humbert, vice president of quality, INCOG BioPharma. "Veeva Vault Quality Suite helps us deliver real-time visibility to clients, increasing operational efficiency, GxP compliance, and trust." A contract development and manufacturing organization, CDMO, specializing in sterile injectable fill-finish, INCOG BioPharma is unifying quality functions on a single platform to speed manufacturing and delivery and maintain high levels of quality and compliance. The company uses Veeva Vault QMS to accelerate quality processes using built-in best practices, Veeva Vault QualityDocs to streamline document management and automate workflows, and Veeva Vault Training to develop curricula that ensure job qualifications.
VRNOF

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07:13 EDT Verano Holdings completes acquisition of Sierra Well - Verano Holdings announced the closing of its transaction to acquire all of the equity interests of WSCC, Inc., d/b/a Sierra Well, adding two operational dispensaries and an active cultivation and production facility in Nevada, along with two real estate properties in Carson City and Reno. The acquisition, which was previously announced on July 26, 2021, increases Verano's vertically-integrated Nevada operations to five active dispensaries and two cultivation and production facilities that are geographically spread across the state's key population and tourist regions. With the consummation of the transaction, Sierra Well is now a wholly-owned subsidiary of the Company. The transaction includes in total two medical cannabis cultivation licenses; two adult-use cultivation licenses; two medical cannabis dispensary licenses; two adult-use dispensary licenses; one medical production license; one adult-use product manufacturing license; and one adult-use distribution license.
GKOS

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07:13 EDT Glaukos announces two iDose TR trials met primary endpoints - Glaukos announced topline data for both Phase 3 pivotal trials of iDose TR that successfully achieved its pre-specified primary efficacy endpoints through three months in both Phase 3 trials and demonstrated excellent tolerability and a favorable safety profile through 12 months. For each of the two Phase 3 iDose TR pivotal trials, GC-010 and GC-012, both the fast- and slow-release iDose TR arms achieved the pre-specified primary efficacy endpoint of non-inferiority to the active comparator arm through three months. For the GC-010 trial, the intraocular pressure, or IOP, reductions from baseline over the first three months were 6.6-8.5 mmHg in the slow-release iDose TR arm, versus 6.6-7.7 mmHg in the timolol control arm. For the GC-012 trial, IOP reductions from baseline over the first three months were 6.7-8.4 mmHg in slow-release iDose TR arm, versus 6.8-7.2 mmHg in the timolol control arm. Overall, 93% of slow-release iDose TR subjects remained well-controlled on the same or fewer IOP-lowering topical medications at 12 months compared to screening after a single administration of iDose TR, versus 67% of timolol control subjects in both Phase 3 trials. Additionally, 81% of slow-release iDose TR subjects were completely free of IOP-lowering topical medications at 12 months across both trials. iDose TR demonstrated excellent tolerability with 98% of slow-release iDose TR subjects continuing in the trial at 12 months, versus 95% of timolol control subjects across both Phase 3 trials. iDose TR demonstrated a favorable safety profile through 12 months, with no adverse events of corneal endothelial cell loss, no serious corneal adverse events and no adverse events of periorbital fat atrophy. Notably, conjunctival hyperemia occurred at a very low rate of 3% for slow-release iDose TR subjects. The most frequent adverse event for slow-release iDose TR subjects was mild transient iritis at a rate of 6% in both Phase 3 trials. In-office administration of iDose TR was successfully employed with various subjects across multiple sites with outcomes that were consistent with the Phase 3 trials, thus demonstrating the feasibility of iDose TR administration in the office setting. Based on the combined efficacy and safety results from both Phase 3 pivotal trials, Glaukos plans to move forward with its plans for an NDA submission to the FDA for the slow-release iDose TR model, with an expected FDA review and decision completed by the end of 2023. Administered during a micro-invasive procedure, the iDose TR contains a novel formulation of travoprost, a prostaglandin analog used to reduce IOP. Once all travoprost is released, the iDose TR was designed to be removed and replaced with a new iDose TR, thus potentially offering an alternative to daily eye drop treatment. The iDose TR Phase 3 clinical program consists of two prospective, randomized, double-masked pivotal clinical trials designed to compare the safety and efficacy of a single administration of one of two iDose TR models with different travoprost release rates to topical timolol ophthalmic solution, 0.5% BID, in reducing elevated IOP in subjects with open-angle glaucoma, or OAG, or ocular hypertension. The two iDose TR pivotal trials are nearly identical in terms of design, protocol, predefined endpoints, size and randomization. The first of the two Phase 3 pivotal trials, referred to as GC-010, randomized a total of 590 subjects, comprised of 200 subjects in the slow-release iDose TR arm, 197 subjects in the fast-release iDose TR arm and 193 subjects in the timolol active comparator arm. The second of the two Phase 3 pivotal trials, referred to as GC-012, randomized a total of 560 subjects, comprised of 183 subjects in the slow-release iDose TR arm, 185 subjects in the fast-release iDose TR arm and 193 subjects in the timolol active comparator arm. In total, the Phase 3 trials randomized a total of 1,150 subjects across 89 clinical sites. The primary efficacy endpoint of the Phase 3 studies was a non-inferiority comparison to topical timolol 0.5% BID over the first 3 months, defined as time-matched diurnal IOP measurements at 8 a.m. and 10 a.m. at Day 10, Week 6 and Month 3. Primary safety evaluations were performed through 12 months. Mean baseline IOP was approximately 24 mmHg across each arm in each study. Approximately 81% of slow-release iDose TR subjects had OAG while the remaining 19% had ocular hypertension. Approximately 67% of slow-release iDose TR subjects were on one or more IOP-lowering medications at screening, including 23% of subjects who were on two or more IOP-lowering medications at screening.
SEV

Hot Stocks

07:12 EDT Sono Motors signs LOI with Munich-based car subscription platform FINN - Sono Motors signed a Letter of Intent with FINN, a Munich-based car subscription platform, aiming to solidify their cooperation. FINN was one of Sono Motors' first B2B reservation holders. Following its initial, non-binding reservation of 5,500 Sion in 2020, FINN now intends to reserve and purchase a total of 12,600 Sion, to create a sustainable fleet and drive forward the company's environmental goals. Sono Motors and FINN seek to reach a final agreement regarding their cooperation in 2023. The aim of the cooperation is to provide cars to FINN to enlarge the sustainability of their fleet. Start of production for the Sion is planned for the second half of 2023 and Sono Motors plans to deliver 100 Sion for FINN's fleet in 2024. A further 2,500 vehicles are planned to be delivered thereafter per year, until the total of 12,600 is reached.
PTHRF

Hot Stocks

07:12 EDT OTC Markets Group welcomes Pantheon Resources to OTCQX - OTC Markets Group announced Pantheon Resources, an oil and gas company with a 100% working interest in all of its projects spanning approximately 153,000 acres adjacent and near to transportation and pipeline infrastructure on the Alaska North Slope, has qualified to trade on the OTCQX Best Market. Pantheon Resources Plc upgraded to OTCQX from the Pink market.
BABYF CVS

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07:11 EDT Else Nutrition rolls out products to CVS Pharmacy - ELSE NUTRITION HOLDINGS (BABYF) announces that it has begun the rollout to its first major US drug store retailer, through a partnership with CVS Pharmacy (CVS). Else's Plant-Based Nutrition for Toddlers will be available for purchase in over 1,000 CVS Pharmacy HealthHUB locations across 35 US states. Already on shelves in many of the CVS pharmacy stores listed for distribution, this represents a growth opportunity for Else Nutrition in key markets, as well as access to millions of new households through CVS locations.
FWBI

Hot Stocks

07:10 EDT First Wave BioPharma provides update on adrulipase clinical progam - First Wave BioPharma announced the selection of an enhanced enteric microgranule drug delivery formulation for the ongoing development of its adrulipase clinical program. First Wave BioPharma now plans to submit an Investigational New Drug amendment to the FDA for a Phase 2 "proof-of-concept" clinical study investigating the optimized version of adrulipase as a treatment for exocrine pancreatic insufficiency associated with cystic fibrosis and chronic pancreatitis. First Wave BioPharma expects to initiate the Phase 2 trial prior to year-end 2022 following acceptance of the IND. In vitro data suggest the new formulation provides a delayed-release profile that should ensure adrulipase is protected in the stomach and delivered to the targeted areas of the GI tract, allowing for adrulipase to mix with food in the duodenum where it can then provide its therapeutic effect. Additionally, the research indicates the enhanced formulation has the potential to significantly decrease the number of pills a patient would need to take to achieve the desired therapeutic effect. Further, First Wave BioPharma has identified manufacturing improvements that have the potential to lower the cost of goods by significantly increasing production yields.
ONCY

Hot Stocks

07:10 EDT Oncolytics appoints Rigby to board of directors - Oncolytics Biotech announced the appointment of Jonathan Rigby to its Board of Directors. Rigby joins Oncolytics' Board with over three decades of experience in the pharmaceutical and biotechnology industries. He is currently the Group Chief Executive Officer of Revolo Biotherapeutics, where he leads a team focused on the development of therapies for autoimmune and allergic diseases.
CASI

Hot Stocks

07:09 EDT Casi, BioInvent announce first-patient dosing in Phase 1 study of BI-1206 - CASI Pharmaceuticals and BioInvent International announced the first-patient-in in China Phase 1 dose-escalation and expansion study of BI-1206, a first-in-class fully human monoclonal antibody that targets FcgammaRIIB, in combination with rituximab in patients with relapsed/refractory Non-Hodgkin's Lymphoma, NHL. The study design is to assess the safety, tolerability, pharmacology, and clinical activity of BI-1206. The patient was enrolled at Henan Cancer Hospital. Wei-Wu He, Ph.D., CASI's Chairman, and Chief Executive Officer, commented, "We are excited to dose the first patient in the continued evaluation of BI-1206. BI-1206 has previously shown encouraging early signs of efficacy in Phase 1, a tolerable safety profile, and the potential to be used with multiple therapeutic mAbs that rely on ADCC/CDC* for efficacy. This Phase 1 trial in China will generate valuable information and has the potential to provide early evidence of clinical activity in the treatment of relapsed or refractory Non-Hodgkin's Lymphoma."
SCTL

Hot Stocks

07:08 EDT Societal CDMO awarded two CDMO service contracts - Societal CDMO announced that it has signed CDMO service agreements with two new customers. The new contracts are focused on a range of analytic method, formulation and manufacturing activities designed to support the companies' respective clinical development programs, including planned clinical trials. Under terms of the first new contract, Societal CDMO will conduct analytic method activities to support the development of novel multiparticulate-filled immediate and extended release capsule formulations of an investigational compound the customer is developing for the treatment of a range of neurodegenerative diseases. Following completion of the initial analytical method and formulation activities, Societal will execute cGMP manufacturing of clinical trial material, as well as packaging and labeling, to support planned Phase 1 studies involving the immediate and extended release formulations. As part of the second new agreement, Societal CDMO will conduct analytic method validation and verification, and formulation development for a topical gel drug candidate the customer is developing to combat hair loss. Following completion of the initial analytical method and formulation activities, Societal will execute cGMP manufacturing of clinical trial material, both active and placebo, as well as packaging and labeling, to support planned Phase 1/2a studies involving the investigational drug candidate.
TSVT BMY

Hot Stocks

07:08 EDT 2seventy to initiate KarMMa-9 study to evaluate Abecma - 2seventy Bio (TSVT) announced plans to initiate the KarMMa-9 study to evaluate Abecma in newly diagnosed multiple myeloma patients who have suboptimal response to transplant. The company, in partnership with Bristol Myers Squibb (BMY), plans to provide additional information about the design and timing of the study at the earliest upcoming opportunity.
PCRX

Hot Stocks

07:07 EDT Pacira's Exparel pain block for knee arthroplasty meets Phase 3 endpoints - Pacira BioSciences announced positive topline results from its Phase 3 study of Exparel as a single-dose femoral nerve block in the adductor canal for postsurgical regional analgesia in patients undergoing total knee arthroplasty. Exparel achieved the study's primary endpoint demonstrating a statistically significant reduction in cumulative pain scores from 0 to 96 hours compared with bupivacaine HCl. Exparel also achieved a statistically significant reduction in postsurgical opioid consumption through 96 hours compared with bupivacaine HCl, a key secondary endpoint. Exparel was well tolerated with a safety profile consistent with bupivacaine HCl. With these positive results, Pacira plans to submit a supplemental New Drug Application to the FDA early next year seeking expansion of the Exparel label to include femoral nerve block in the adductor canal.
PHRRF

Hot Stocks

07:07 EDT PharmaTher announces completion of IND-enabling study for KETARX patch - PharmaTher Holdings announced that it has completed an IND-enabling pharmacokinetic and tolerability study of KETARX Ketamine Patch in minipigs. The KETARX Ketamine Patch was manufactured by its CDMO partner, LTS LOHMANN Therapie-Systeme AG. The Study was completed at Aurigon Toxicological Research Center, under full Good Laboratory Practice compliance, which is a prerequisite for upcoming phase 2 clinical studies according to FDA guidelines. PharmaTher is developing KETARX Ketamine Patch to improve the administration burden in support of current ketamine use and as a potential therapeutic alternative in the treatment of various mental health, neurological and pain disorders.This Study aimed to investigate the plasma concentration and pharmacokinetics of ketamine after administration of KETARX Ketamine Patches to female Gottingen Minipigs. The degree of local tolerance was examined as reflected by erythema, edema formation and other effects after removal of the pressure dressing. To determine the concentration of ketamine in the blood plasma, samples were collected up to 4 days after the administration. The plasma concentrations of ketamine were measured and the pharmacokinetic evaluation was performed at the Analytical Department of ATRC. The delivery of ketamine through intramuscular injection results in rapid delivery of a bolus dose of ketamine. To alter the speed and availability of ketamine, the use of intravenous infusion is the standard strategy; however, it requires complex equipment and technical expertise to administer. The Study demonstrated that KETARX Ketamine Patch applied directly to the skin was well tolerated and capable of delivering a ketamine dose over an extended period of time without modification of ketamine or additional formulation enhancement. Pharmacokinetic evaluation of intradermal administration of ketamine via KETARX Ketamine Patch demonstrated extended delivery of ketamine over 40 hours with a slow and elongated increase of plasma levels over 18 hours and a slow decline for an additional 24 hours in a linearly proportional manner relative to dose. Overall, the small patch size used in this Study supports the opportunity to increase dose through increased size, drug load or concentration of ketamine and will allow increases in ketamine dosing to better align with intramuscular and intravenous administration. No clinical symptoms, mortality or body weight differences were observed throughout the study. Local tolerance and histopathology assessment of the patch without ketamine demonstrated that it is well tolerated and with ketamine, the patch showed only a minor difference compared to control.
TGT

Hot Stocks

07:06 EDT Target announces Cornell committed to remain as CEO, leadership updates - Target announced that Brian Cornell has committed to remain as CEO and lead the company for approximately three more years. Additionally, the company announced Arthur Valdez, executive vice president, EVP, and chief supply chain and logistics officer, will retire from Target. He will be succeeded by Gretchen McCarthy, senior vice president, SVP, global inventory management, effective immediately. With Cornell's commitment, Target's board of directors eliminated its retirement policy, which was designed to initiate a discussion regarding the possible retirement of its CEO at the age of 65. McCarthy, an 18-year Target veteran, has held numerous leadership positions across the company. McCarthy will report to John Mulligan, Target's executive vice president and chief operating officer, effective immediately. Valdez and McCarthy have been partnering closely to ensure a smooth transition, and Valdez will continue working with the Target team in an advisory role through April 2023.
MCRB

Hot Stocks

07:06 EDT Seres Therapeutics completes rolling submission for SER-109 BLA to FDA - Seres Therapeutics announced it has completed the rolling submission process for its biologics license application, or BLA, to the FDA for SER-109 for the prevention of recurrent C. difficile infection, or rCDI. SER-109 is an entirely new treatment modality that shows promise to improve the current standard of care for rCDI.
UNCY

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07:05 EDT Unicycive reports findings on UNI-494 efficacy in preclinical animal model - Unicycive Therapeutics announced key findings of UNI-494 efficacy from a preclinical study in rodent model of Acute Kidney Injury. UNI-494 is a mitochondrial ATP sensitive potassium channel activator that is in development for the treatment of AKI. The Company evaluated the effect of UNI-494 on ischemia-reperfusion induced acute kidney injury in rats. Animals were divided into 4 groups: sham, vehicle control, low dose of UNI-494 and high dose of UNI-494. Kidney injury was induced by 45-minute ischemia of bilateral kidneys. UNI-494 was administered orally 1-hour before the induction of ischemia and kidney function was monitored by measuring urinary creatinine, total urinary albumin, and beta-2 microglobulin. Treatment of animals with the higher dose of UNI-494 resulted in a statistically significant reduction of beta-2 MG levels in urine.
PRTH

Hot Stocks

07:05 EDT Priority Technology appoints Tim O'Leary as CFO - Priority Technology announced the appointment of Tim O'Leary to the position of CFO. O'Leary replaces Mike Vollkommer, who will retire on September 16.
CCOI TMUS

Hot Stocks

07:05 EDT Cogent announces definitive agreement to acquire T-Mobile's Wireline Business - Cogent Communications (CCOI) announced that it has entered into a definitive agreement to acquire T-Mobile's (TMUS) Wireline Business. "Cogent's commitment to serving the Wireline Business customers it is acquiring through this transaction will cement the future for this strong legacy business as T-Mobile continues its strategic focus on providing wireless solutions to consumers and enterprises as the core of its future growth," the company said. For Cogent, acquisition of T-Mobile's Wireline Business is expected to be an ideal strategic fit with its existing business. The Wireline Business offers the legacy Sprint U.S. long-haul network that provides an owned network asset to complement and eventually replace Cogent's current leased network and provides the ability to expand its product set, including the sales of optical wave transport services to new and existing customers. As part of the agreement, in addition to the fiber network and related assets and customers, Cogent will acquire certain liabilities associated with the business. In addition, at the closing of the acquisition, the parties will enter into a separate agreement pursuant to which Cogent will offer IP transit services to T-Mobile for 54 months following the closing date and T-Mobile will pay Cogent $700M for such services, with $350M due in equal payments over the first 12 months after closing and $350M due in equal payments over the remaining 42 months. A newly formed direct subsidiary of Cogent will consummate the acquisition. Cogent does not plan to issue new debt or equity in order to finance the acquisition, and the transaction is not expected to be dilutive to Cogent's existing stockholders.
ODFL

Hot Stocks

07:04 EDT Old Dominion says August LTL revenue per day increased 14.5% vs. last year - Old Dominion Freight Line reported certain less-than-truckload "LTL" operating metrics for August 2022. Revenue per day increased 14.5% as compared to August 2021 due to an increase in LTL revenue per hundredweight that was slightly offset by a 0.9% decrease in LTL tons per day. The change in LTL tons per day was attributable to a 2.7% decrease in LTL shipments per day that was partially offset by a 1.8% increase in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 18.1% and 7.3%, respectively, as compared to the same period last year. Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, "Old Dominion produced solid revenue growth for the first two months of the third quarter. While our volumes decreased on a year-over-year basis, we continued to improve our yield through the consistent execution of our yield management initiatives. Providing shippers with superior service is required to support these initiatives, and our service levels remain best-in-class. We remain focused on delivering superior service at a fair price and believe customer demand for our value proposition remains strong, which positions us to win further market share."
TARS

Hot Stocks

07:03 EDT Tarsus Pharmaceuticals submits NDA for demodex blepharitis candidate - Tarsus Pharmaceuticals has submitted a New Drug Application or NDA to the FDA for TP-03 for the treatment of Demodex blepharitis. Demodex blepharitis is a highly prevalent eyelid margin disease that does not have any FDA-approved treatment options. The NDA submission includes the positive results from the two pivotal trials collectively involving more than 800 patients in which TP-03 met all endpoints and was well-tolerated. Both trials met the primary endpoint and all secondary endpoints, with statistical significance and no serious treatment-related adverse events. Both trials also demonstrated that TP-03 was well-tolerated. TP-03 is now also being studied for the treatment of Meibomian Gland Disease in patients with Demodex mites.
RHHBY

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07:03 EDT Roche to acquire Good Therapeutics for $250M upfront - Good Therapeutics announced it has entered into a definitive merger agreement to be acquired by Roche. With this acquisition, Roche will gain rights to Good Therapeutics' innovative, conditionally active, PD-1-regulated IL-2 program and an exclusive right to the platform technology for the development of PD-1-regulated IL-2 receptor agonist therapeutics. Under the terms of the merger agreement, Roche will make an upfront cash payment of $250M for the shares on a fully diluted basis and additional payments based on the achievement of predetermined development, regulatory, and commercial milestones. The transaction is conditioned upon clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the third quarter of 2022. Following the close of the Roche acquisition, the Good Therapeutics team plans to apply the technology for the design of conditionally active therapeutics to other targets in immuno-oncology and beyond in a new company, Bonum Therapeutics.
AIV

Hot Stocks

07:00 EDT Aimco completes lease termination transaction - Apartment Investment and Management Company announced that on September 1, 2022, it completed the previously announced lease termination transaction with AIR Communities. This transaction highlights the successful development and lease-up of 707 Leahy in Redwood City, CA, Prism in Cambridge, MA, Flamingo Point North Tower in Miami Beach, FL, and The Fremont on the Anschutz Medical Campus in Aurora, CO. In addition to the release of $469 million of leasehold obligations, Aimco received $200 million in return for cancellation of the leases of the four properties and realized approximately $100 million of value creation, approximately 18 months sooner than originally anticipated. Proceeds were used to repay debt and to increase cash on hand.
SAH

Hot Stocks

06:57 EDT Sonic Automotive opens EchoPark Retail Hub in Sacramento, California - Sonic Automotive announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Retail Hub in Roseville near Sacramento, California. EchoPark Sacramento is the brand's second location in California. To date, EchoPark has 41 Retail Hubs and Delivery Centers across 21 states, and is continuing its expansion toward a nationwide distribution network that is expected to reach 90 percent of the U.S. population by 2025.
TSN

Hot Stocks

06:56 EDT Tyson Foods commits $2.5M to fight hunger in Feeding America partnership - Tyson Foods announced its commitment of $2.5 million to address food insecurity by partnering with Feeding America member food banks to provide greater access to protein in communities facing hunger. This September, during Hunger Action Month, Tyson is also donating 2.5 million pounds of protein, the equivalent of 10 million meals, to alleviate hunger. Tyson Foods will allocate $1 million of its donation to support Equitable Food Access grants, which aim to improve access to nutritious food among people experiencing the highest rates of food insecurity, with a focus on communities of color and/or people living in rural communities. The remainder of Tyson's $2.5 million donation will go towards Feeding America and member food banks' efforts to expand capacity to repack bulk or private label protein products into family size quantities, thus increasing the types of protein that can easily be donated and distributed.
COOK

Hot Stocks

06:54 EDT Traeger promotes Jim Hardy to COO, Cole VandenAkker to Chief Sales Officer - Traeger announced two executive promotions. Jim Hardy has been promoted to COO and Cole VandenAkker has been promoted to Chief Sales Officer. Jim Hardy has served as Chief Supply Chain Officer of Traeger since March 2021. He previously served as Chief Operating Officer of Fanatics, Inc. and Executive Vice President Global Operations of Under Armour. Cole VandenAkker has served as Traeger's Executive Vice President of Global Sales since May 2020 and oversaw all National Sales prior to that appointment.
ARTH

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06:53 EDT Arch Therapeutics launches multi-site clinical study for AC5 system - Arch Therapeutics announced that it has launched a multi-site clinical study to accelerate payor adoption and differentiate the key benefits of AC5 Advanced Wound System in treating challenging wounds. The Study is expected to enroll and treat up to 60 patients at six sites with a primary end point of wound closure. The launch of the Study completes the near-term commitments listed in the Company's recently announced reimbursement initiative to accelerate sales opportunities for AC5 in doctor's offices and wound care clinics.
HIG

Hot Stocks

06:52 EDT Hartford Financial president Doug Elliot to retire - Hartford announced Doug Elliot will retire as the company's president effective Dec. 31, following more than 11 years with the company. Effective Nov. 1, Hartford will realign its leadership structure in preparation for Elliot's retirement. A. Morris Tooker, who currently heads Middle & Large Commercial, will report directly to CEO Christopher Swift and will take on expanded responsibility for Global Specialty and Sales & Distribution. Stephanie Bush will report directly to Swift and maintain her role as head of Small Commercial and Personal Lines. The company's Global Chief Underwriting Officer, Ross Fisher, also will report directly to Swift and will continue to have responsibility for underwriting across the enterprise, Global Reinsurance, Risk Engineering and the company's Internet of Things operations.
WCC

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06:52 EDT Wesco announces agreement to acquire Rahi Systems for $217M - Wesco International announced it has entered a definitive agreement to acquire Rahi Systems Holdings, Inc., a privately held company headquartered in Fremont, California for $217M. The purchase price represents approximately 7.5x Rahi's projected trailing twelve months adjusted earnings before interest, taxes, depreciation and amortization. Rahi Systems serves the full lifecycle of data center solutions by helping their customers manage and simplify technology. With this acquisition, Wesco will combine Rahi with its Communication and Security Solutions strategic business unit.
PFE

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06:50 EDT Pfizer's Streptococcus vaccine candidate given Breakthrough Therapy Designation - Pfizer's investigational Group B Streptococcus vaccine candidate, GBS6 or PF-06760805, received Breakthrough Therapy Designation from the FDA for the prevention of invasive GBS disease due to the vaccine serotypes in newborns and young infants by active immunization of their mothers during pregnancy. The FDA decision is informed by the interim analysis of a placebo-controlled Phase 2 study evaluating the safety and immunogenicity of GBS6 in healthy pregnant women aged 18 to 40 years, who were vaccinated during the second or early third trimester of pregnancy. The study remains ongoing, and Pfizer will publish outcomes from this clinical trial when it is completed. This decision follows the FDA's March 2017 decision to grant Fast Track status to GBS6.
PROBF

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06:48 EDT Probe Metals provides infill drilling results for Val-d'Or East project - Probe Metals provided a fourth set of results from the 2022 drill program on its 100%-owned Val-d'Or East Monique property located near Val-d'Or, Quebec. Results from 22 new holes demonstrate continued strike and depth expansion with significant gold intercepts along the Monique gold zones. Results from 176 holes drilled since the beginning of 2022 at Monique are still pending. All holes returned intercepts with gold grades above the 0.42 g/t Au cut-off grade used in the PEA report and confirmed the current block model with respect to grades and thicknesses. The 2022 infill drill program over the Monique gold zones has been successful, to date, in achieving an approximate 30 metres drill spacing over the mineralization in the PEA's conceptual pits and down to 500 metres within the proposed underground resource areas. 6 of these expansion drilling holes intersected gold structures with grade times thickness above 15.0 g/t Au-metre. Based on the drilling completed along the Monique Gold Trend since the PEA, the results demonstrate a strong continuity of the sub-parallel to parallel gold zones over a volume of more than 2 kilometres long by 1 kilometre wide and locally up to 600 metres depth. The Monique Gold Trend zones are all open along strike and at depth. Beginning this month, a first phase of geotechnical test holes aimed to characterize the overburden over the PEA's conceptual pits and under proposed infrastructure will commence. This phase will be completed this fall.
RFIL

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06:45 EDT RF Industries receives $3.5M in follow-on orders - RF Industries announced it has received $3.5M of follow-on orders from its newest North American Tier 1 wireless carrier customer at the Company's Cables Unlimited division for its OptiFlex hybrid fiber solution.
EGO

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06:44 EDT Eldorado Gold enters mandate letter for Skouries Project finance facility - Eldorado Gold Corporation is pleased to announce that it has entered into a mandate letter with Greek banks for a credit committee approved EUR 680M project finance facility for the development of the Skouries Project in Northern Greece. "The Mandate Letter represents an important step towards the re-start of construction at Skouries," said George Burns, President and CEO of Eldorado. "We believe that Skouries is a world-class project that will have a lasting positive economic and social impact for Greece, the communities we work in, and other stakeholders. We remain confident in the Feasibility Study capital cost estimate of US$845 million, and with the project finance facility in place, the Company has the balance sheet capacity to fund the remaining capital cost for completion of the Project. We also continue to evaluate opportunities for complementary sources of financing. A final decision to re-start construction remains subject to Board approval, which we expect to seek in the second half of 2022."The Mandate Letter includes a long-form term sheet, which contains customary terms and conditions, including with respect to due diligence, and remains subject to negotiation of definitive binding loan documentation and to other approvals and conditions, including board approval and confirmation of the availability of funds for a low-interest portion of the facility.
EGAN IBM

Hot Stocks

06:43 EDT eGain announces pre-built connector for IBM Watson Assistant - eGain (EGAN) announced the availability of a pre-built connector for IBM (IBM) Watson Assistant. The connector leverages eGain's BYOB - Bring Your Own Bot - architecture, allowing business users to easily plug in the Watson Assistant into the eGain platform with no coding. The eGain Connector for Watson Assistant aims to improve customer, agent, and business experiences.
API

Hot Stocks

06:43 EDT Agora appoints Sheng Zhong as CTO - Agora announced the appointment of Mr. Sheng Zhong as its Chief Technology Officer, effective immediately. Mr. Zhong has served as Agora's Chief Scientist since January 2018 and with his additional role as CTO, Mr. Zhong will be responsible for managing Agora's global research and development organization and strengthening Agora's technology leadership. Before joining Agora, Mr. Zhong served as the CEO of Hisense Microchip Company and had held several senior technical roles at Broadcom Inc. and LSI Corporation.
API

Hot Stocks

06:42 EDT Agora CEO intends to purchase $30M of ADSs or Class A ordinary shares - Agora announced that Mr. Tony Zhao, founder, chairman and CEO of Agora, has informed Agora's board of directors of his intention to use his personal funds to purchase up to an aggregate of $30M of Agora's ADSs or Class A ordinary shares for the next 12 months, pursuant and subject to relevant rules and regulations and Agora's insider trading policy. As previously announced, Agora's board of directors had authorized a share repurchase program, under which Agora may repurchase up to an aggregate of $200M of its Class A ordinary shares in the form of ADSs, which is effective until the end of February 2023. As of June 30, 2022, Agora had repurchased $19.8M of its ADSs under the share repurchase program and is still authorized to use the remaining quota for repurchases within the term of the plan.
IMVT

Hot Stocks

06:41 EDT Immunovant launches two development programs for batoclimab - Immunovant plans to develop batoclimab in Chronic Inflammatory Demyelinating Polyneuropathy and Graves' Disease. With the addition of these development programs, Immunovant is now pursuing batoclimab's clinical development in five indications, including MG and TED that have previously disclosed data readouts. Immunovant plans to finalize its trial design in Warm Autoimmune Hemolytic Anemia following interactions with regulators later in 2022. The company plans to initiate a Pivotal Phase 2b trial in Chronic Inflammatory Demyelinating Polyneuropathy in the second half of 20221 with initial results from open-label period 1 expected in the first half of 2024, and to initiate a Phase 2 trial in Graves' Disease in early 2023 with initial results expected in the second half of 2023. Immunovant expects a robust cadence of data every half year beginning in the second half of 2023 through the first half of 2025, including multiple clinical readouts in CIDP, Graves' Disease, Myasthenia Gravis, and Thyroid Eye Disease.
ASCUF

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06:40 EDT Arizona Sonoran Copper releases assay from drilling at Parks/Salyer - Arizona Sonoran Copper Company releases assays from 9 drill holes from the 14-hole expanded exploration program at Parks/Salyer, located ~1.3 mi southwest of the Company's Cactus Mine Project. Drilling extended mineralization east by up to 1,000 ft onto the Bronco Creek land, a part of the P/S Project which was acquired earlier this year. Assays are pending on 4 holes. The Company is also extending its current ionic leach sampling survey northeast of P/S, as well as eastward onto the BCE land. Highlights: Two active drill rigs, a third rig to begin drilling metallurgical holes late September; Maiden mineral resource on P/S in Q4 2022: ECP-084: 531.4 ft @ 1.10% TCu, 0.98% Cu TSol, 0.012% Mo Incl. 247.0 ft @ 1.45% TCu, 1.35% Cu TSol, 0.014% Mo And 354.0 ft @ 0.65% TCu, 0.018% Mo; ECP-086: 224.0 ft @ 2.24% TCu, 2.19% Cu TSol, 0.010% Mo Incl. 114.0 ft @ 2.63% TCu, 2.60% Cu TSol, 0.011% Mo; ECP-090: 474.0 ft @ 0.82% TCu, 0.73% Cu TSol, 0.007% Mo And 482.0 ft @ 0.42% TCu, 0.011% Mo; ECP-092: 216.8 ft @ 1.41% TCu, 1.35% Cu TSol, 0.005% Mo; Incl. 97.0 ft @ 2.29% TCu, 2.20% Cu TSol, 0.004% Mo. George Ogilvie, Arizona Sonoran President and CEO commented, "These results continue to demonstrate the potential of Parks/Salyer to underpin and augment the multi-billion-pound Cactus copper project located only 1.3 miles (2 km) to the northeast. These drill holes extend mineralization from the eastern Parks/Salyer border onto the new Bronco Creek land by upwards of 1,000 ft. With drill spacing now at 500 ft (150 m) centres, we have defined the general eastern horst block extent, with assays pending on the west side for 4 holes. The team has now moved on to a 250 ft infill drilling program to increase the confidence of the mineralization to an indicated resource category. Our goal is to issue a maiden inferred mineral resource estimate on Park/Salyer within Q4 2022."
VIVXF

Hot Stocks

06:38 EDT Avivagen announces peer-reviewed publication on oxidized beta carotene - Avivagen announced that its scientific paper entitled "Safety and uptake of fully Oxidized Beta Carotene" - the active ingredient in the company's OxC-beta product line - has been published in the Journal of Food and Chemical Toxicology. Avivagen discovered that spontaneous oxidation of beta-carotene produces a mixture of oxidation compounds other than vitamin A that also provide important health benefits. A peer reviewed paper just published in the Food and Chemical Toxicology journal has reported that OxC-beta has a very high margin of safety and the discovery that the natural counterpart of OxC-beta is present at significant levels in mouse tissues and blood. A standard toxicology study conducted in rats established a No Observed Adverse Effect Level that is several thousand-fold higher than the level of supplementation with OxC-beta used in livestock, companion animals and humans. These findings are significant in establishing the safety of OxC-beta with respect to regulatory approvals of the product in various major jurisdictions.
KIND

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06:36 EDT Nextdoor, Vote.org partner to encourage midterm election voting - Nextdoor announced a strategic partnership with Vote.org. For the third consecutive election cycle, Nextdoor is working with Vote.org to use technology to simplify political engagement, increase voter turnout, and strengthen American democracy for neighbors.
NILE

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06:35 EDT BitNile purchases 1,325 additional S19j Pro Antminers from Bitmain - BitNile Holdings announced that its subsidiary, BitNile, has entered into a contract with Bitmain Technologies, to purchase an additional 1,325 S19j Pro Antminers that feature a processing power of 100 TH/s. With this new contract, BNI has agreed to purchase a total of 21,925 Bitcoin miners. The purchase of the 1,325 S19j Pro Antminers announced today is in addition to the previously disclosed purchase agreements with Bitmain for 20,600 Bitcoin miners, including 4,600 environmentally friendly S19 XP Antminers that feature a processing power of 140 terahashes per second and 16,000 S19j Pro Antminers that feature a processing power of 100 TH/s.
UNH WMT

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06:34 EDT Walmart and UnitedHealth launch 10-year collaboration - Walmart (WMT) and UnitedHealth (UNH) announced the beginning of an initial 10-year, wide-ranging collaboration. The collaboration will start in 2023 with 15 Walmart Health locations in Florida and Georgia and expand into new geographies over time. Optum, a UnitedHealth Group business, will help enable Walmart Health clinicians through analytics and decision support tools to deliver comprehensive value-based care for seniors and Medicare beneficiaries. These capabilities will enhance the care already provided at Walmart Health centers. Beginning in January 2023, the collaboration will include a co-branded Medicare Advantage plan in Georgia, UnitedHealthcare Medicare Advantage Walmart Flex. Also in January 2023, Walmart Health Virtual Care will be in network for commercial members in UnitedHealthcare's Choice Plus PPO plan, giving consumers another option to access care when and where they want it. Eventually, the collaboration aims to serve more people, including those across commercial and Medicaid plans, by providing access to fresh food and enhancing current initiatives to address social determinants of health, over-the-counter and prescription medications, and dental and vision services.
VIAO

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06:34 EDT VIA Optronics to showcase technologies at SID Expo - VIA optronics announced that it will present an exhibit at the Society for Information Display Vehicle Displays & Interfaces 29th Annual Symposium & Expo. The event will take place from September 27 through September 28, 2022, at the Sheraton Detroit Novi Hotel in Livonia, Michigan.
VRAY

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06:33 EDT ViewRay announces China NMPA approval for MRIdian Therapy System - ViewRay announced that the company's MRIdian MRI-Guided Radiation Therapy System has received approval from the Chinese regulatory authority National Medical Products Administration, or NMPA, allowing for its sale and utilization throughout China. This approval expands MRIdian's global reach and offers cancer patients a new radiation therapy option, MRIdian Stereotactic MRI-Guided Adaptive Radiotherapy, or SMART, allowing treatment that integrates diagnostic-quality MR imaging, on-table adaptive replanning, and continuous, real-time, soft tissue tracking and automated beam gating.
FMS

Hot Stocks

06:30 EDT Fresenius Medical partners with National Kidney Foundation Malaysia - Fresenius Medical signed a memorandum of understanding with the National Kidney Foundation Malaysia, to work together in promoting kidney health and the prevention of chronic kidney disease amongst children and their families in Malaysia. The organizations will leverage Fresenius Medical Care's international Corporate Social Responsibility initiative, The Kidney Kid, to provide education and entertainment about kidney health to children and their carers. Aimed at children aged 6 to 12 years old, The Kidney Kid resources are available to children, parents and teachers through a game app and website to help children to learn how to keep their kidneys healthy while having fun in a group with their teachers or carers.
CXBMF

Hot Stocks

06:29 EDT Calibre Mining reports additional drill results from Panteon North zone - Calibre Mining is pleased to report additional high-grade drill results from its Panteon North zone within the Limon Mine Complex, part of the Company's 85,000 metre resource expansion and discovery drilling program. High-grade mineralization now extends across a strike length of nearly 400 metres with consistent, plus 15 gram per tonne drill intercepts over broad, minable widths. Given a recent VTEM survey, click here for details, which has identified two, parallel five km potential mineralized corridors, the strong correlation to the high/low resistivity contact demonstrated in the recent drilling and historical mining zones Calibre has four rigs testing along strike and down plunge expansion potential. Additional High Grade Drill Result Highlights from Panteon North 52.59 g/t Au over 3.8 metres Estimated True Width, including 94.70 g/t Au over 1.1 metres; and 10.28 g/t Au over 2.1 metres ETW, including 16.50 g/t Au over 1.7 metres in Hole LIM-22-4662; 43.09 g/t Au over 3.3 metres ETW, including 155.10 g/t Au over 0.9 metres in Hole LIM-22-4647; 35.18 g/t Au over 2.8 metres ETW, including 58.00 g/t Au over 1.5 metres in Hole LIM-22-4653; 26.02 g/t Au over 8.1 metres ETW, including 41.30 g/t Au over 4.6 metres in Hole LIM-22-4665; 18.49 g/t Au over 1.1 metres ETW, including 49.30 g/t Au over 0.4 metres in Hole LIM-22-4654; 13.14 g/t Au over 3.1 metres ETW, including 49.10 g/t Au over 0.4 metres in Hole LIM-22-4651. Tom Gallo, Senior Vice President, Growth at Calibre, stated: "This is a paradigm shifting discovery for us with consistent high-grade mineralization demonstrated over considerable strike length coupled with VTEM giving strong indications there is potential to expand and discover additional zones. Drilling is underway to extend this mineralized zone to depth with visual indicators having shown positive signs. Given the grade, we expect a substantial, positive impact made to our mineral resource statement."
SLI

Hot Stocks

06:28 EDT Standard Lithium provides update on first commercial lithium plant in Arkansas - Standard Lithium provided an update on its first commercial lithium plant in Arkansas. Front End Engineering Design and Definitive Feasibility Study for the first commercial plant have been awarded to Optimized Process Designs , or OPD, a Koch Engineered Solutions business based in Katy, Texas specializing in engineering, procurement, fabrication and construction of commercial facilities. The FEED/DFS study and subsequent EPC contract are focused on the first commercial lithium project being developed by Standard Lithium. The existing brine flow at this location is approximately 3,000 US gallons per minute and using the design criteria of 90% lithium recovery during the DLE process, results in expected annual production of between 5,000 to 6,000 tons per annum of battery quality lithium carbonate. In parallel, Standard Lithium is also contemplating standalone projects. The FEED study will initially consider various process optimization and trade-off studies, after which the design of the facility will be advanced sufficiently to support the delivery of a Definitive Feasibility Study and final investment decision process. At conclusion of the study it is expected the design will be sufficiently developed to allow conversion of the FEED study into a lump-sum engineering, procurement and construction contract. The results of the FEED study will be summarized in a NI 43-101 DFS report in H1 2023.
DGHI

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06:26 EDT Digihost mines 67.97 bitcoin in August - Digihost Technology provides unaudited comparative BTC production results for the month ended August 31, 2022, combined with an operations update. Production Highlights for August 2022: Mined 67.97 BTC, resulting in total holdings of 176.61 BTC at the end of August valued at approximately $3.54 million based on a BTC price of $20,050 as of August 31, 2022. Ethereum holdings of 1,000.89 ETH at the end of August valued at approximately $1.56 million based on an ETH price of $1,554 as of August 31, 2022. Total digital asset inventory value, consisting of BTC and ETH, of approximately $5.10 million as of August 31, 2022. To avoid equity dilution for its shareholders, management sold a portion of its BTC production during August to fund its energy costs. The Company remains debt free as of August 31, 2022. In continuing its support of the power needs of the local community, the Company reduced its overall energy consumption during the month of August 2022 with its operation running predominantly at off-peak hours.
KRKNF

Hot Stocks

06:24 EDT Kraken Robotics' PanGeo Subsea completes cable depth of burial campaign - Kraken Robotics announces that its PanGeo Subsea subsidiary has completed cable depth of burial surveys along the EstLink 1 and 2 cables during an offshore campaign utilizing PanGeo's SeaKite ROTV equipped with the patented Sub-Bottom Imager. With a strong history in supporting sub-seabed surveys for offshore wind and offshore energy, PanGeo has completed more than 10,000 kilometers of cable DOB surveys to date. PanGeo supported marine survey provider Arctia Meritaito Ltd onboard the research vessel RV Mintis to conduct cable depth of burial along the two interconnector cables that join Finland and Estonia's electrical networks. The 350MW EstLink 1 was installed in 2006 and crosses the 75km wide Gulf of Finland, reaching a maximum water depth of 100m. EstLink 2 is a 650MW, 145km cable installed in 2013 and is ~ 70km east of EstLink 1.
ASLN

Hot Stocks

06:23 EDT Aslan Pharmaceuticals presents positive data on eblasakimab at EADV Congress - Aslan Pharmaceuticals announced the presentation of new eblasakimab data at the 2022 European Academy of Dermatology and Venereology - EADV - annual congress in Milan. Three posters are being presented from September 7 to 10. The posters include previously unpublished data on biomarkers and quality-of-life measures, and new, additional analyses of clinical data from the previously reported Phase 1 multiple-ascending dose study of eblasakimab in moderate-to-severe atopic dermatitis, or AD. The data observed significant improvements in itch and sleep loss within the 8-week study period, suggesting the potential for a greater magnitude of effect with prolonged treatment, and Aslan is investigating this in the ongoing phase 2b study. Eblasakimab, a monoclonal antibody targeting IL-13Ralpha1, reduces serum biomarkers that are associated with atopy and correlated with disease severity, in patients with moderate-to-severe atopic dermatitis. Eblasakimab treatment reduced circulating levels of TARC/CCL17, IgE, and LDH, associated with disease severity in AD. Eblasakimab improves itch and sleep loss in adult patients with moderate-to-severe atopic dermatitis in a randomized, double-blinded, placebo-controlled, Phase 1 study. At week 8, patients in the 600mg dose group showed a 48% improvement in worst itch, versus a 13% improvement in the placebo group. 56% of patients in the 600mg eblasakimab group demonstrated at least a two point mean improvement in sleep loss, a clinically significant improvement in sleep loss, versus 15% in the placebo group. Eblasakimab improves multiple disease measures in adult patients with moderate-to-severe atopic dermatitis in a randomized, double-blinded, placebo-controlled, Phase 1 study. The poster highlights improvements in disease measures after treatment with eblasakimab.
PRMNF

Hot Stocks

06:23 EDT Prime Mining announces additional Phase 2 drill results at Los Reyes - Prime Mining announces additional Phase 2 drill results at Los Reyes, a high-grade multi-million-ounce gold-silver project in a highly prospective, 500-year-old mining-friendly district of Sinaloa, Mexico. Today's results are from 42 in-fill and step-out drill holes in Guadalupe, one of three major corridors of mineralization currently being drilled. In the northwest of Guadalupe, 13 drill holes have encountered gold-silver mineralization, many with high-grade and multiple vein intercepts per hole. Additionally, in the southeast, 26 holes have intercepted the main Estaca vein system with several holes well beyond the limits of the current 2020 pit-constrained resource pit. These drill results considerably expand the gold-silver mineralization potential at Guadalupe. At present, 5 drills continue to operate at Guadalupe and the other two major mineralized areas. Additional drill results from these two areas, as part of the successful Phase 2 drill program, are expected to be released shortly. Highlight Drill Intercepts: Guadalupe: 5.01 grams per tonne gold and 328.1 gpt silver over 3.7 metres; 1.65 gpt Au and 235.9 gpt Ag over 13.8 m, plus 0.95 gpt Au and 124.5 gpt Ag over 6.1 m, plus 2.52 gpt Au and 365.0 gpt Ag over 1.5 m etw; 1.46 gpt Au and 56.3 gpt Ag over 21.1 m, plus 1.01 gpt Au and 67.2 gpt Ag over 1.6 m; 1.38 gpt Au and 38.1 gpt Ag over 9.0 m; 2.77 gpt Au and 440.0 gpt Ag over 1.3 m; 0.97 gpt Au and 267.5 gpt Ag over 3.0 m; 1.28 gpt Au and 45.0 gpt Ag over 6.2 m; 1.55 gpt Au and 43.0 gpt Ag over 10.0 m plus 1.72 gpt Au and 43.0 gpt Ag over 5.4 m; 16.10 gpt Au and 391.0 gpt Ag over 0.9 m; and, 10.41 gpt Au and 682.7 gpt Ag over 1.0 m, plus 0.92 gpt Au and 945.0 gpt Ag over 1.5 m. CEO Daniel Kunz commented, "The high-grade drill results reported today continue to expand the mineralized envelope at Guadalupe by several hundred meters along strike and down dip. In addition to this drilling, excellent geological field work, interpretation, mapping, and testing have increased our understanding of the mineral deposition processes at Los Reyes. This work allows us to find more efficiencies in Phase 2 drill targeting and helps us plan our Phase 3 drilling program - because this area remains open along strike and at depth."
NVTS

Hot Stocks

06:19 EDT Navitas Semiconductor announces GaNSense half-bridge power ICs - Navitas Semiconductor announced the industry's first GaNSense half-bridge power ICs. These half-bridge ICs enable a new level of MHz switching frequencies while dramatically reducing the system cost and complexity compared to existing discrete solutions.
BIVI

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06:18 EDT BioVie's Alzheimer's candidate NE3107 shows efficacy in exploratory trial - BioVie announced topline results from an investigator-Sponsored Phase 2 clinical trial of NE3107 for the treatment of Alzheimer's Disease - AD -. NE3107 is the only molecule in this group that is pursuing a two-pronged approach targeting both neuroinflammation and insulin resistance. Furthermore, NE3107 is the only molecule in the group that is conducting a potentially pivotal Phase 3 trial that is currently underway in mild- to moderate-AD patients with co-primary endpoints of cognition and function. This Phase 3 trial is expected to provide topline results in mid-2023. The company's newly generated data supporting a new patent application show that NE3107 inhibits inflammatory ERK activation and blocks the phosphorylation of TNF receptor 1, thereby lowering the expression of other downstream inflammatory factors. The Phase 2 trial is an exploratory biomarker study conducted by Dr. Sheldon Jordan6, who served as principal investigator for the trial. The trial was intended to explore NE3107's potential role in real-world clinical practice as an exploratory precursor informing the design of subsequent placebo-controlled blinded studies. NE3107 is associated with significant improvements in cognition as evidenced by the ADAS-Cog12 scale. 82% of 17 patients with MMSE greater than=20 experienced a 2.6 point decrease in ADAS-Cog12. Early analyses of imaging data suggest fundamental biological improvements in blood flow and reduced oxidative stress that are consistent with the mechanism for NE3107 and are unlikely to be accounted for by placebo effect. No drug-related adverse events were reported.
BAESY

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06:15 EDT BAE Systems to launch first multi-sensor satellite cluster in 2024 - BAE Systems is set to launch its first multi-sensor satellite cluster into low Earth orbit in 2024 to deliver high-quality information and intelligence in real time from space to military customers. Known as Azalea, the group of satellites will use a range of sensors to collect visual, radar and radio frequency data, which will be analysed by on board machine learning on edge processors to deliver the resulting intelligence securely, anywhere in the world while still in orbit. Following the acquisition of In-Space Missions last year, BAE Systems is one of a small number of British companies with the capability to design, build, launch and operate satellites. The expertise brought by In-Space Missions complements the Company's existing advanced technologies and will become an integral part of its multi-domain capability. Azalea will also boost the UK's ability to understand the threats and hazards in, from and through space.
ABB

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06:14 EDT ABB shareholders approve Accelleron spin-off - The shareholders of ABB approved the proposed spin-off of its Accelleron turbocharging division at today's Extraordinary General Shareholders Meeting of ABB Ltd held in Zurich. The Board of Directors' proposal to spin off ABB's market-leading turbocharging business by way of a dividend in kind of Accelleron Industries Ltd's shares to ABB's shareholders was supported with 99.72 percent of the votes. ABB will distribute to its shareholders, on a pro rata basis, as a dividend in kind, 1 Accelleron share for 20 ABB Ltd shares held. Shareholders representing 62.3 percent of the total share capital with a right to vote took part in the meeting. Accelleron's listing on SIX Swiss Exchange in Zurich is planned for October 3, 2022. ABB plans to publish Accelleron's listing prospectus on September 23, 2022.
QNGY

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06:13 EDT Quanergy's 3D LiDAR solutions integrated with Hanwha Techwin's Wisenet WAVE VMS - Quanergy Systems announced that the company is integrating it's M-Series LiDARs and QORTEX DTC 3D perception software with Hanwha's Techwin's video management software, Wisenet WAVE VMS. This will enable Hanwha customers to optimize and automate security business operations with real-time 3D data including location, direction, speed and type of objects. With Quanergy 3D LiDAR solutions integrated into Wisenet WAVE VMS, Hanwha customers will have access to advanced sensing capabilities to extend the coverage, dramatically reduce false alarms rates and reduce the operational cost of physical security deployments. The 3D volumetric sensing provided by Quanergy's solutions will enable Hanwha customers to visualize spaces with depth perception and provide extremely accurate object tracking of alarm events. This means countless event-to-action outcomes can be configured and visualized for automation, security or business intelligence.
CHKP

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06:12 EDT Check Point cybersecurity solutions selected by Clarks shoe company - Check Point announced that shoe company Clarks has overhauled its complete cybersecurity posture to a consolidated approach with Check Point Infinity Unified Management, Harmony, Quantum and CloudGuard solutions. Clarks is a global shoe manufacturing and retail company with more than 1,400 stores in 75 countries. With a complex IT network across manufacturing, distribution, retail, and the ever-increasing rise in cybercrime, Clarks decided to secure its networks against the next generation of sophisticated cyber-attacks.
CLNE

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06:11 EDT Clean Energy supplies fuel for inaugural bunkering of maritime LNG-powered ship - Clean Energy Fuels supplied fuel for the first bunkering with liquified natural gas of Pasha Hawaii's new container ship MV George III. This was the first LNG bunkering of a container ship on the U.S. West Coast. Clean Energy worked with World Fuel Services and West Coast Clean Fuels to supply the ship with over 300,000 gallons of the clean fuel. Pasha Hawaii's MV George III, a 774-foot container ship operating between Long Beach, CA, Honolulu, HI, and Oakland, CA, is the first of three LNG-powered ships that the domestic shipping company is putting into service. The three ships are expected to consume 105 million gallons of LNG fuel over the next five years.
STVN

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06:11 EDT Stevanato Group, Gerresheimer jointly develop RTU solution platform - Gerresheimer and Stevanato Group announced that they have jointly developed a ready-to-use, or RTU, solution platform with an initial focus on vials, based on Stevanato Group's market-leading EZ-fill technology. This collaboration is projected to help customers gain efficiencies, improve the quality standard, increase speed to market, reduce total cost of ownership, or TCO, and help mitigate supply chain risk. Gerresheimer and Stevanato Group are addressing rising demand for RTU vials in the market. The new RTU solution platform from Gerresheimer and Stevanato Group will share the same secondary packaging, production process and sterilization method. The new jointly developed vial platform and trademark will be presented in detail to the market at the CPhI Worldwide Frankfurt in November.
STVN

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06:10 EDT Stevanato Group and Gerresheimer AG partner for ready-to-use vial platform - Stevanato Group and Gerresheimer AG, a global provider of healthcare & beauty and drug delivery systems for pharma, biotech and cosmetics, have jointly developed a high-end Ready-To-Use solution platform with an initial focus on vials, based on Stevanato Group's EZ-fill technology. Gerresheimer AG and Stevanato Group are addressing rising demand for RTU vials in the market. A hallmark of the new RTU platform is a significant reduction in particles, improving the overall quality and performance of the RTU solutions. The new jointly developed vial platform and trademark will be presented in detail to the market at the CPhI Worldwide Frankfurt in November.
GEO

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06:09 EDT Geo Group delivers notice of redemption for remaining senior notes due 2023 - The GEO Group has delivered a notice of redemption for all of the remaining $125,734,000 in outstanding aggregate principal amount of its 5.125% Senior Notes due April 1, 2023. The redemption of the 2023 Senior Notes will occur on October 6, 2022. The redemption price for the 2023 Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest up to, but excluding, the Redemption Date. GEO has deposited, with the trustee for the 2023 Senior Notes, the redemption price for the 2023 Senior Notes, using available cash on hand. As a result of such funding, the Indenture governing the 2023 Senior Notes has been discharged. Payment of the redemption price for the 2023 Senior Notes will be made through the Depository Trust Company. George Zoley, Executive Chairman of GEO, said, "The redemption of our remaining 2023 Senior Notes is another important step towards addressing our near-term debt maturities. Along with our recently completed transactions to stagger our debt maturities over a longer period of time, we have now been able to reduce our outstanding debt due prior to 2026 to approximately $170 million. We remain focused on our goal of reducing net recourse debt by $200 -250 million annually and decreasing our net leverage to below 3.5 times Adjusted EBITDA by the end of 2023 and to below 3 times Adjusted EBITDA by the end of 2024. We remain optimistic that these important efforts have the potential to unlock additional equity value for our shareholders."
WATT

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06:07 EDT Energous's 1W WattUp PowerBridge transmitter approved in Australia, New Zealand - Energous' 1W WattUp PowerBridge transmitter has met all of the requirements set forth by the Australia Communications and Media Authority and New Zealand Radio Spectrum Management and is approved for import, marketing, and sales in the Australian and New Zealand markets. Energous' technology has received approvals over the past nine months with similar certifications in China, the U.S., Canada, Europe and India and received a recent 15W approval in the U.S. Capable of charging multiple devices simultaneously at-a-distance, Energous' 1W WattUp PowerBridges transmit RF-based wireless power over the air, enabling manufacturers to design cordless, batteryless and fully waterproof sensors, smart tags, asset trackers and other IoT applications that can be deployed in industrial, retail, enterprise, and healthcare markets.
CVNA

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06:07 EDT ADESA launches electric vehicle battery performance feature - ADESA announces the launch of a new condition report feature to showcase battery performance of electric vehicles. Powered by Recurrent-an EV battery and range analytics company-the EV Range Score is available on the majority of used electric vehicles that transact on the U.S. market, providing buyers with more transparency and confidence when purchasing EVs. During the inspection process, the vehicle VIN number for an eligible EV is shared through Recurrent's software to generate a Range Score from zero to 100. That information is displayed clearly on the ADESA.com condition report with a Range Score badge. Once the user clicks the badge, more information is shown including details on the warranty and expected battery performance in a full Recurrent Report.
AHL

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06:06 EDT Aspen Insurance reports 1H net income $48.4M vs. $87.4M last year - Gross written premiums of $2,351.3 million in the six months ended June 30, 2022, an increase of 16.5% compared to $2,018.5 million in the six months ended June 30, 2021, primarily due to rate improvement and growth in financial and professional insurance lines, casualty and liability insurance lines and casualty reinsurance lines. Net written premiums increased by 21.8% to $1,506.1 million in the six months ended June 30, 2022, compared with $1,236.1 million in the six months ended June 30, 2021. The retention ratio in the six months ended June 30, 2022, was 64.1% compared with 61.2% in the six months ended June 30, 2021. Mark Cloutier, Group Executive Chairman and Chief Executive Officer, commented: "This is a strong set of results for Aspen with the business reporting both double digit top line growth and very healthy underwriting performance. Our year over year trends continue to show the impact of the work we have done to reshape our business and improve performance, resulting in a 6.5 percentage points improvement in our combined operating ratio to 88.2% from 94.7%. Operating income increased to $130.0 million from $66.7 million for the same period last year, representing an annualized operating return on average equity of 13.8%. "We entered the year with a well-positioned and diversified portfolio that enabled us to capitalize on positive trading conditions to grow GWP by 16.5% to $2,351.3 million. This growth came from across both the insurance and reinsurance segments and through a combination of rate increases and new business, with an average rate change across our entire portfolio of 10.9%. "Aspen Capital Partners, our capital markets franchise, is the third important pillar of our business, and we were pleased to report total fee income of $47.0 million for the six months ended June 30, 2022, an increase of $16.5 million over the prior year. Our capital markets franchise has continued to grow and now represents approximately $1 billion of AUM. Our ability to grow and diversify the capital we manage, notwithstanding a challenging environment, supports our core proposition that capital markets investors are key partners in Aspen's future growth and innovation efforts. "The Russia Ukraine conflict continues to inflict tragic, humanitarian consequences and costs. We at Aspen are doing our part to support humanitarian relief efforts during the first half of this year and on an ongoing basis. Aspen does not write primary aviation risks and, our specialty insurance exposure to the events is not significant. Although we do have specialty reinsurance exposure, we have had minimal loss notifications to date and have made provision in our first half results based upon analysis of those exposures. We continue to closely monitor the potential impact to our business. "Similar to the wider market, Aspen has seen the impact of rising interest rates result in unrealized losses in our investment portfolio. We would expect the unrealized losses to unwind as securities reach maturity, while also seeing the benefit of higher interest rates starting to impact investment income. "The trends we see in many of the key ratios and performance indicators we track give us confidence that Aspen is in a strong position to continue to benefit from attractive trading conditions we see across our markets, while at the same time continue to manage down volatility."
BOWL

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06:04 EDT Bowlero acquires three bowling centers in Texas, Florida - Bowlero announced that it has acquired three bowling centers in two metro markets - Mel's Lone Star Lanes in Greater Austin, Texas and Fiesta Bowl and Spanish Springs Lanes in The Villages, Florida. The addition of these three locations is part of the Bowlero Corp. growth initiative, expanding the company's geographical footprint across North America. The completion of the acquisitions for Fiesta Bowl and Spanish Springs Lanes is expected at the end of September.
MANU

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06:04 EDT Manchester United expands global partnership with Therabody - Manchester United and global wellness technology company Therabody have deepened their relationship by becoming global partners in a multi-year agreement. The partnership will expand Manchester United's use of Therabody products and solutions as part of the training and recovery regimes of both the men's and women's teams. Therabody's devices aim to help United's players meet the physical demands of the sport. Manchester United will have access to Theraguns in their training facilities. As part of the global partnership, players, and training staff will participate in education sessions with performance and wellness experts from Therabody University, the company's educational division.
WTTR

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06:03 EDT Select Energy Services initiates 5c per share quarterly cash dividend - Select Energy Services announced that its board of directors has approved the initiation of a dividend program under which the company intends to pay an initial quarterly cash dividend of 5c per Class A common share, beginning after the third quarter of 2022. A comparable distribution of 5c per unit has also been approved to the other unitholder of SES Holdings, who holds all the company's Class B common shares. Select intends to pay regular quarterly dividends, with all future dividend payments subject to quarterly review and approval by its board of directors. The company will announce the record date and payment date for each future dividend following completion of the relevant fiscal quarter.
INFY SPR

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05:49 EDT Infosys, Spirit AeroSystems enter five-year agreement - Infosys (INFY) announced a five-year agreement with Spirit AeroSystems (SPR). Infosys will collaborate with Spirit AeroSystems to provide aerostructure and systems engineering services for product development of commercial, business jet and emerging aircraft programs, and Maintenance, Repair and Overhaul, or MRO, services. This strategic collaboration builds on 16 years of longstanding relationship between the two organizations, during which Infosys has provided innovative design solutions for some of Spirit's aerostructure programs. As part of this engagement, Infosys will offer end-to-end product development services, including design engineering, sustaining engineering, systems engineering, stress engineering, manufacturing engineering, and repair and maintenance. Leveraging knowledge-based engineering and engineering automation, Infosys also aims to accelerate product development across the value stream.
SLI

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05:30 EDT Standard Lithium provides update on commercial lithium plant in Arkansas - Standard Lithium provided an update on its first commercial lithium plant in Arkansas. The company completed a competitive FEED/DFS selection process and awarded the contract to OPD LLC, a Koch-owned business based in Katy, Texas. The FEED/DFS study and subsequent EPC contract are focused on the first commercial lithium project being developed by Standard Lithium. This project contemplates processing the brine that is currently being handled by Lanxess at its South Facility, where the company's continuously operating pre-commercial Direct Lithium Extraction, or DLE, Demonstration Plant is located. The existing brine flow at this location is approximately 3,000 US gallons per minute and using the design criteria of 90% lithium recovery during the DLE process, results in expected annual production of between 5,000 to 6,000 tons per annum of battery quality lithium carbonate. This first project at Lanxess South, designated as Phase 1A, forms part of a staged development of commercial lithium projects contemplated by Standard Lithium.
ZEAL NVO

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05:26 EDT Zealand Pharma, Novo Nordisk enter Zegalogue license and development pact - Zealand Pharma (ZEAL) announced it has entered into a global license and development agreement with Novo Nordisk (NVO) to commercialize Zegalogue for injection. Zegalogue is approved by the FDA for the treatment of severe hypoglycemia in pediatric and adult patients with diabetes aged six and above. Under the terms of the agreement, Zealand will receive an upfront payment of DKK 25M and is eligible to receive up to DKK 45M in near-term development, regulatory and manufacturing-based milestones. Zealand is also eligible to receive up to DKK 220M in sales-based milestones and tiered royalties ranging from high single-digit to low double-digit percentages on worldwide net sales of Zegalogue to be marketed by Novo Nordisk. Zealand will be responsible for certain planned regulatory, development and manufacturing activities to support further development and approval outside of the U.S.
IONS AZN

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05:22 EDT Ionis Pharmaceuticals, AstraZeneca announce eplontersen study meets endpoints - Ionis Pharmaceuticals (IONS) presented results from a planned 35-week interim analysis of the Phase 3 NEURO-TTRansform study of Ionis and AstraZeneca's (AZN) eplontersen in patients with hereditary transthyretin-mediated amyloid polyneuropathy. In the study, eplontersen demonstrated a statistically significant and clinically meaningful change from baseline for its co-primary and secondary efficacy endpoints compared to the external placebo group. Eplontersen demonstrated a favorable safety and tolerability profile. The study results were presented at the International Symposium on Amyloidosis, or ISA, in Heidelberg, Germany. In the study, eplontersen achieved an 81.2% mean reduction in the co-primary endpoint of serum transthyretin, or TTR, concentration compared to baseline, demonstrating reduced TTR protein production. Eplontersen also demonstrated a significant treatment effect on the co-primary endpoint of modified Neuropathy Impairment Score +7, or mNIS+7, a measure of neuropathic disease progression, with a statistically significant difference in mean change from baseline versus the external placebo group. The study also met its key secondary endpoint of change from baseline in the Norfolk Quality of Life Questionnaire-Diabetic Neuropathy, showing that treatment with eplontersen significantly improved patient-reported quality of life compared to the external placebo group. Eplontersen demonstrated a favorable safety and tolerability profile. In the study, the rate of treatment emergent adverse events, or TEAEs, in the eplontersen group was either lower or similar compared to placebo across all major categories. There were no TEAEs of special interest leading to drug discontinuation. The study data are consistent with the clinical profile seen across Ionis' other LICA programs. Based on the study results, Ionis and AstraZeneca will seek regulatory approval for eplontersen for ATTRv-PN and plan to file a new drug application with the FDA this year. As part of a global development and commercialization agreement with AstraZeneca, eplontersen is being jointly developed and commercialized by both companies in the U.S. and will be developed and commercialized in the rest of the world by AstraZeneca.
PSFE

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05:18 EDT Paysafe announces multi-state partnership with ClutchBet - Paysafe announced a partnership with ClutchBet, the new Denver-headquartered U.S. mobile sportsbook from Australia's BlueBet Holdings. The first stage of a multi-state partnership sees Paysafe's revamped Skrill USA digital wallet and its Paysafecash eCash solution facilitate online payments for ClutchBet's Iowa sportsbook and its players. Launched last month for the 2022 NFL season, the new ClutchBet sportsbook enables Iowans to wager on football, other North American sports-league games plus international sports - with the payments experience streamlined by Paysafe, which has had a presence in the Iowa iGaming market since 2020. Beyond Iowa, ClutchBet has market access agreements for its home state of Colorado plus Indiana and Louisiana, where the Paysafe payments partnership is expected to be extended going forward.
PCOR

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05:16 EDT Procore announces opening of new EMEA hub in Dublin - Procore announced the opening of its new EMEA hub in Dublin, Ireland. The EMEA hub, within Dublin's South Point building on Harmony Row, occupies the third floor penthouse and spans 15,000 square feet. Formulated to help drive Procore's growth and better support customers in the region, the hub will aim to create hundreds of jobs in Dublin over the next few years with the company hiring for roles across sales, customer success and customer support, to name a few.
PHG

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05:14 EDT Philips teams with Leiden University Medical Center, University of Pennsylvania - Philips announced a new clinical partner and highlighted clinical studies that focus on the added value of using spectral CT imaging technology during interventional procedures. Leiden University Medical Center has joined Philips' global network of clinical partners to investigate how its spectral detector angio CT solution could potentially offer new treatment opportunities and improve patient care. At this year's Cardiovascular and Interventional Radiological Society of Europe Annual Meeting, a presentation is being given by Filippo Piacentino, interventional radiologist at the University of Insubria, on the value of spectral CT imaging guidance for performing high-confidence tumor biopsies. The results being presented illustrate the potential for Philips' spectral CT technology to better guide biopsies by distinguishing between active and non-active regions in a tumor. Ensuring that a biopsy contains a high number of actively dividing cancer cells is important for high-confidence diagnosis. Philips also announced a research collaboration with the University of Pennsylvania to study the practicality of using spectral CT-based tissue temperature mapping to provide real-time feedback during tumor thermal ablation procedures to confirm its effectiveness before the patient leaves the room. This will potentially reduce the risk of localized tumor recurrence.
BKYI

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05:10 EDT BIO-key announces EMEA business selected for AuthControl in Saudi Arabia - BIO-key announced that its EMEA business has deployed AuthControl Sentry for a Saudi Arabia healthcare procurement provider in Riyadh, Saudi Arabia. The authentication solution will protect approximately 15,000 employee and supplier users with secure Multi-factor, or MFA, access with Single Sign-on, or SSO, capabilities for all of its web and legacy applications. The objective of this project was to centralize all web and legal applications in a unified portal to provide employees and suppliers across the Middle East with secure access to applications. Using the AuthControl Sentry solution will reduce password reset requests by removing the need for authentication to four or five different applications typically required to send a pharmaceutical or medical package through a courier.
JG TIGR

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05:04 EDT Aurora Mobile enters push notification agreement with UP Fintech subsidiary - Aurora Mobile (JG) announced that it has signed strategic agreement with Beijing Xiangshang Yixin Technology, a subsidiary of UP Fintech (TIGR), also known as Tiger Brokers. Aurora Mobile will use its intelligent push notification service JPush to help Tiger Brokers to drive user growth and improve user experience with better asset allocation.