Stockwinners Market Radar for November 16, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

21:05 EST Blizzard Entertainment, NetEase suspending game services in China - The company states: "Blizzard Entertainment, a division of Activision Blizzard (ATVI) announced that it will be suspending most Blizzard game services in mainland China due to the expiration of the current licensing agreements with NetEase (NTES) on January 23, 2023. This includes World of Warcraft(R), Hearthstone(R), Warcraft(R) III: Reforged, Overwatch(R), the StarCraft(R) series, Diablo III(R), and Heroes of the Storm(R). Diablo Immortal(R) co-development and publishing is covered under a separate agreement between the two companies. Blizzard Entertainment has had licensing agreements with NetEase since 2008, covering the publication of these Blizzard titles in China. The two parties have not reached a deal to renew the agreements that is consistent with Blizzard's operating principles and commitments to players and employees, and the agreements are set to expire in January 2023."

20:18 EST Airbnb director sells $26.7M in common stock - In a regulatory filing, Airbnb disclosed that its director Joseph Gebbia solid 250K shares of common stock on November 14th in a total transaction size of $26.7M.

20:15 EST Cathie Wood's ARK Investment bought 3.9K shares of Tesla today

18:45 EST Cisco CEO: Supply chain issues eased a bit in Q1 - In an interview on CNBC's Mad Money, Chuck Robbins said 43% of Cisco's revenue is now recurring. He is "very pleased" with demand from customers. He expects the IoT trend to accelerate. Robbins has a "high degree of confidence" in delivering FY guidance.

18:33 EST Walker & Dunlop arranges $204M for mixed-use property in Brooklyn - Walker & Dunlop "announced that it has secured $204 million in loan proceeds from MF1 Capital to refinance The Axel, a 29-story mixed-use multifamily and commercial asset with 284 multifamily units located at 550 Clinton Avenue and 539 Vanderbilt Avenue in Brooklyn, New York."

18:33 EST Astellas Pharma: Zolbetuximab meets primary endpoint in Phase 3 SPOTLIGHT trial - Astellas Pharma announced positive topline results from the Phase 3 SPOTLIGHT clinical trial evaluating the efficacy and safety of zolbetuximab in combination with mFOLFOX6. Zolbetuximab is an investigational first-in-class monoclonal antibody targeting Claudin 18.2 for the first-line treatment of patients with CLDN18.2-positive, HER2-negative, locally advanced unresectable or metastatic gastric or gastroesophageal junction adenocarcinoma. The SPOTLIGHT trial enrolled 566 patients with CLDN18.2-positive, HER2-negative, locally advanced unresectable or metastatic gastric or GEJ adenocarcinoma. The study met its primary endpoint showing statistical significance in progression-free survival for patients treated with zolbetuximab plus mFOLFOX6 compared to placebo plus mFOLFOX6. In addition, the study met a secondary endpoint, overall survival, showing statistical significance for patients treated with zolbetuximab plus mFOLFOX6 compared to placebo plus mFOLFOX6. The most frequent treatment-emergent adverse events in patients treated with zolbetuximab plus mFOLFOX6 were nausea, vomiting, and decreased appetite.

18:04 EST Chairman of of MACOM Technology Ocampo sells over $17M in company shares - Chairman of MACOM Technology Solutions Holdings John Ocampo disclosed in a regulatory filing that he had sold 243,678 shares of company stock at $71.57 per share between November 14 throgh November 15, for a total transaction amount of $17,440,644.

17:47 EST Silvergate reports quarter-to-date digital asset customer deposits of $9.8B - Silvergate Capital announced that CEO Alan Lane will provide a mid-quarter business update at Oppenheimer's 5th Blockchain & Digital Assets Summit at 2:55 p.m. on Thursday, November 17. The company is providing the following unaudited and preliminary mid-quarter results as of November 15: average quarter-to-date digital asset customer deposits of approximately $9.8B, excluding all deposits from FTX and its related entities; the Silvergate Exchange Network continues to operate 24/7 with average daily volume totaling $1.9B quarter-to-date, compared to average daily volume of $1.2B in the Q3. At November 15, all bitcoin-collateralized loans have performed as expected with zero losses and no forced liquidations.

17:34 EST Norwegian Cruise Line CEO sells $1.06M in common stock - In a regulatory filing, Norwegian Cruise Line disclosed that its CEO Frank Del Rio sold 58K shares of common stock on November 15th in a total transaction size of $1.06M.

17:30 EST Alight director buys $840.5K in common stock - In a regulatory filing, Alight disclosed that its director Richard Massey bought 100K shares of common stock on November 14th in a total transaction size of $840.5K.

17:27 EST Nvidia says covid lockdowns in China continue to weigh on consumer demand - Says delivered record data center and automotive revenue in Q3. Says covid lockdowns in China continue to weigh on consumer demand. Says continues to expand GeForce now cloud gaming service. Says automotive has great momentum and is on track to be next multi-million dollar segment. Says making tremendous progress in Nvidia AI enterprise. Comments taken from Q3 earnings conference call.

17:22 EST General Dynamics awarded $181.98M Navy contract modification - General Dynamics was awarded an $181.98M cost-plus-award-fee modification against a previously awarded contract, DDG-51 Planning Yard Services. This modification exercises the final option period for the continuation of integrated planning yard services and long lead-time material for the Arleigh Burke-class ships. Work will be performed in Bath, Maine and is expected to be completed by January 2024. FY23 other procurement funds in the amount of $2.35M and FY23 operations and maintenance funds in the amount of $2.25M will be obligated at the time of award. Operations and maintenance funding will expire at the end of the current fiscal year; however, 10 U.S. Code 2410 authority will be invoked to allow the period of performance to be extended past the funding expiration date of September 30, 2023. The Supervisor of Shipbuilding, Conversion, and Repair is the contracting activity.

17:02 EST Moog CEO John Scannell to retire, Patrick Roche to succeed - Moog announced that John Scannell, chairman and CEO, has announced his intention to retire as CEO effective February 1, 2023. He will continue to serve on Moog's board of directors as non-executive chairman. Scannell began his career with Moog in 1990. Prior to serving as CEO, Scannell held various roles in the company including COO and CFO. Moog's board of directors has appointed Patrick Roche to succeed Scannell as CEO effective February 1, 2023. Roche is currently executive VP and COO, a role he assumed in December 2021.

16:54 EST NetApp Chief Strategy Officer, Matthew Fawcett, to retire on Feb. 28, 2023 - On November 15, NetApp announced that Matthew Fawcett informed the company of his intent to retire from his position as the company's Executive Vice President and Chief Strategy Officer effective February 28, 2023. Fawcett has agreed to work with the company and its board of directors to ensure an orderly transition by providing transition services between November 18, 2022 and February 28, 2023.

16:42 EST Kismet Acquisition Three receives delisting determination from Nasdaq - Kismet Acquisition Three announced that it received a staff delisting determination from the listing qualifications department of Nasdaq Stock Market, which notified the company that its securities will be delisted from Nasdaq. As previously disclosed, on August 23, the Nasdaq listing qualifications department notified the company that, because the company had not timely filed its quarterly report on Form 10-Q for the period ended June 30 with the SEC, the company was not in compliance with Nasdaq Listing Rule 5250, which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. The company was provided until October 24 to submit its plan to file the quarterly report, however, the company did not provide a plan for Nasdaq's staff's consideration. The company has decided not to appeal the staff determination.

16:41 EST dLocal: Muddy Waters' report contains 'numerous inaccurate statements' - DLocal commented on a short seller report published by Muddy Waters Capital: "The report contains numerous inaccurate statements, groundless claims and speculation. Short seller reports are often designed to drive the stock price downwards to serve the short seller's interests to the detriment of the company's shareholders. We caution shareholders from making investment decisions based on this report. Dlocal will rebut the allegations in the appropriate forum in due course."

16:38 EST KULR Technology debuts CubeSat/Li-ion, battery pack in support of NASA programs - KULR Technology Group announced the launch of its new, CubeSat, SmallSat Lithium-ion or Li-ion, battery pack format to further support the NASA space program and launch of Artemis. From the International Space Station and the Mars Rover Perseverance mission to the new Artemis Space Program, KULR continues its close relationship and contract with NASA helping to ensure the safety of battery systems, flight, and the exploration of space. "With an industry-leading position in safe battery design and testing, and as a major player in the current global electrification movement, KULR is one of few companies that has successfully achieved the stringent requirements and rigorous testing set forth by the JSC 20793 Revision D safety standard created by NASA crewed space missions. This qualification allows for KULR's products and solutions to be utilized for the Artemis missions as well as other forthcoming, critical voyages. And, as a result of today's mission success, KULR has established a deepened proof of concept, positioning itself to offer this battery format to customers across various commercial applications. KULR expects to begin accepting consumer orders in Q1 of 2023," noted the company in a statement.

16:35 EST Goldman Sachs exec sells $3.86M in common stock - In a regulatory filing, Goldman Sachs disclosed that its Chief Risk Officer Brian Lee sold 10K shares of common stock on November 14th in a total transaction size of $3.86M.

16:32 EST Hamilton Beach announces resignation of CFO Michelle Mosier - Hamilton Beach announced that Michelle Mosier, Senior Vice President and CFO, has notified the company that she has accepted the Chief Financial Executive role at another public company and has resigned effective January 13, 2023. The company will begin a search for Mosier's successor immediately.

16:30 EST Elevate Credit to be acquired by Park Cities affiliate for $1.87 per share - Elevate Credit announced it has entered into a definitive agreement to be acquired by an affiliate of Park Cities Asset Management LLC, an alternative asset manager focused on providing flexible debt solutions. Park Cities will acquire Elevate for $1.87 per share in an all-cash transaction at an implied value of $67M. Pursuant to the terms of the merger agreement, 7% of shares and shares underlying equity awards held by certain members of Elevate management are permitted to rollover into equity of the acquiring entity. "From the beginning, Elevate has strived to be the most trusted and preferred alternative credit provider for the 'New Middle Class'-the more than 100 million credit constrained Americans," said Jason Harvison, Chief Executive Officer of Elevate. "I am excited to build on our partnership with Park Cities and continue our work as a leader and innovator in the non-prime market. I look forward to working with the Park Cities leadership team and believe the Company will greatly benefit from their expertise and comprehensive understanding of the credit landscape."

16:26 EST One Liberty Properties acquires two industrial warehouses in Ohio for $17.2M - One Liberty Properties announced that it increased its industrial property portfolio with the acquisition of two industrial warehouses with an aggregate of approximately 252,000 square feet and related trailer parking lot located on 18.2 acres in Northwood, Ohio, a suburb of Toledo for $17.2M. The price includes the assumption of $6M of mortgage debt with an interest rate of 3.57% and approximately 7.2 years of remaining term to maturity. The properties are leased to seven tenants, with one tenant accounting for approximately 47.7% of the aggregate annual base rent. The leases provide for an aggregate annual base rent of approximately $1.1M increasing to approximately $1.2M in 2024. As of November 1, the weighted average remaining lease term is 4.26 years. The modern facilities feature concrete tilt-wall construction, 26 foot clear height, and shallow bay design. The industrial properties are centrally located in the heart of the Midwest, a 105M square foot industrial market with a 2% vacancy rate. The facilities are positioned to provide access to major transportation routes including I-75, downtown Toledo, and I-80 and I-90.

16:22 EST Matthews boosts dividend to 23c per share - Matthews International announced that its Board of Directors declared, at its regularly scheduled meeting a dividend of 23c per share on the Company's common stock, representing an increase to the Company's quarterly dividend rate. The dividend is payable December 12 to stockholders of record November 28.

16:20 EST Castor Maritime announces proposed spin-off of tanker fleet - Castor Maritime announced that its Board of Directors, consisting of its independent disinterested members has decided, on the recommendation of a special committee of the Board, to effect a spin-off of its tanker fleet comprising one Aframax, five Aframax/LR2 and two Handysize tankers. In the Spin-Off, Castor shareholders will receive two common shares of Toro , a newly formed subsidiary that will act as the holding company for the eight tanker vessels, for every five Castor common shares held at the close of business on December 6 . Toro has applied to have its common shares listed on the Nasdaq Capital Market. Castor's Chairman, Chief Executive Officer and Chief Financial Officer, Petros Panagiotidis, has been appointed as Chairman and Chief Executive Officer of Toro with effect as of the completion of the Spin-Off. The Board believes that the creation of a business in a distinct sector of the shipping industry - tankers - will provide significant benefits to both companies and their shareholders. The transaction is expected to enable each of Castor and Toro to increase its focus on its respective line of businesses, enhance operational efficiencies, facilitate efficient strategic expansion, attract new investors, and, with this dividend distribution of Toro common shares, give Castor shareholders the flexibility to monetize or adjust their equity holdings according to the shipping sectors in which they want to invest. Castor shareholders do not need to take any action to receive Toro shares to which they are entitled, and do not need to pay any consideration or surrender or exchange Castor common shares. Fractional Toro common shares will not be distributed to Castor shareholders. Instead, the distribution agent will aggregate fractional Toro common shares into whole shares, sell such whole Toro shares in the open market at prevailing rates promptly after Toro's common shares commence trading on the Nasdaq Capital Market, and distribute the net cash proceeds from the sales pro rata to each holder who would otherwise have been entitled to receive fractional common shares in the distribution. The distribution is expected to occur on or about December 15.

16:18 EST Performance Food Group announces $300M share buyback - Performance Food Group "announced that its Board of Directors authorized a share repurchase program for up to $300 million of the Company's common stock with a four-year term. The Company intends to fund the program with a combination of cash on hand, cash generated from operations and borrowings under the Company's credit facility. This program replaces the previously authorized $250M share repurchase program."

16:17 EST Diamondback Energy to acquire Lario Permian for $850M in cash, 4.18M shares - Diamondback Energy announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of Lario Permian, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers in exchange for 4.18M shares of Diamondback common stock and $850M of cash. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the company's credit facility and/or proceeds from a senior notes offering. The cash outlay at closing is expected to be approximately $775M due to the expected Free Cash Flow to be generated by the acquired assets between the effective date and the closing date, which is expected to be January 31, 2023. The transaction is valued at approximately 3.3x 2023 EBITDA with a 21% unlevered free cash flow yield at strip pricing and also immediately accretive to all relevant 2023 and 2024 financial metrics including cash flow per share, free cash flow per share and NAV per share. Diamondback expects this transaction, which is subject to customary closing conditions and adjustments, to close on January 31. The asset has approximately 25,000 gross acres in the core of the Northern Midland Basin and FY23 estimated average production of approximately 18 MBo/d.

16:16 EST Arconic announces $200M share repurchase authorization - Arconic Corporation announced that its Board of Directors approved a two-year share repurchase program authorizing the repurchase of up to $200 million of common stock. Tim Myers, Chief Executive Officer, said, "We continue to view share repurchases as a high-return capital allocation opportunity for the Company and its shareholders. Following the completion of our first $300 million repurchase authorization in the third quarter of 2022, this new program demonstrates our commitment to our long-term strategy and growth outlook. We have confidence in our ability to fund both our organic growth capital investment plans and retire shares at opportunistic levels."

16:12 EST Napco Security exec Buchel sells 52,977 common shares - In a regulatory filing, Napco Security executive VP Kevin Buchel disclosed the sale of 52,977 common shares of the company on November 15 at a price of $24.79 per share.

16:10 EST Cisco jumps 5% to $46.80 after Q1 results beat estimates, FY23 guidance raised

16:09 EST Bowlero jumps 5% to $14.47 after Q1 results

16:08 EST Sonos authorizes up to $100M stock buyback - Sonos announced that the company's Board of Directors has authorized a new common stock repurchase program of up to $100M.

16:08 EST Sonos names Eddie Lazarus CFO - Sonos announced that Eddie Lazarus, the Company's interim Chief Financial Officer and Chief Legal Officer, has been appointed as Chief Financial Officer of the Company. A search will commence for a General Counsel who will assume the day-to-day responsibilities of the legal organization, reporting to Mr. Lazarus. "Eddie has seamlessly transitioned into his expanded role and made an immediate impact on the organization," said Mr. Spence. "I am confident that under his leadership we will execute on our strategic priorities, drive greater organizational efficiency and make continued progress toward delivering on our long term financial targets."

16:07 EST Vinci Partners invests in Arklok, terms undisclosed - Vinci Partners announced that "Vinci Capital Partners IV" strategy, or "VCP IV", the family of funds managed by Vinci Partners' Private Equity strategy, has entered into a definite agreement for an investment in Arklok, a hardware-as-a-service firm with a full-outsourcing solution in Brazil. The company, founded in 2008, is a one-stop-shop for hardware and software solutions, present in all Brazilian states. Arklok has been growing at a 57% sales CAGR in the past five years. The transaction marks the first investment for VCP IV, the new vintage of Vinci Partners' strategy in Private Equity, which held its first closing in June. Consummation of the transaction is subject to precedent and customary conditions and is expected to close over the next few months.

16:05 EST Ryder exec Havens sells 12,000 common shares - In a regulatory filing, Ryder president, global FMS, Thomas Havens disclosed the sale of 12,000 common shares of the company on November 15 at a price of $88.05 per share.

16:03 EST Allison Transmission CEO Graziosi sells 25,878 common shares - In a regulatory filing, Allison Transmission president and CEO David Graziosi disclosed the sale of 25,878 common shares of the company on November 14 at a price of $43.6575 per share.

15:48 EST C&F Financial announces $10M share repurchase program - The board of directors has authorized a program, effective December 1, 2022, to repurchase up to $10M of the corporation's common stock through December 31, 2023.

14:25 EST ZoomInfo sees 4% sequential growth in Q4, possible 4%-5% per quarter in 2023 - ZoomInfo CFO Cameron Hyzer said at RBC Capital's 2022 Technology, Internet, Media and Telecommunications Conference, "In September, we did see increased pressure with respect to macro headwinds and worse scrutiny from buyers that really impacted the capacity of our sales team, and we continue to see that scrutiny in Q4. We focus on sequential growth and in Q3 there was about 6.5%, a deceleration from what we had seen earlier in the year and last year. In Q4, we're guiding to a 4% level in terms of that sequential revenue growth. Looking at the trends going forward, we don't see any evidence that macroeconomic pressure is going to subside or turn around quickly and clear in the short-term. Thinking about the business I think it would be close to the guidance we gave. Looking at 4%-5% sequential growth in each quarter of 2023, that would get you in the high-teens."

14:12 EST DLocal Ltd trading halted, volatility trading pause

14:03 EST ZoomInfo Technologies trading resumes

13:58 EST ZoomInfo Technologies trading halted, volatility trading pause

13:29 EST Oak Street Health turns green, up 3% in afternoon trading - The move into positive territory for Oak Street Health (OSH) in afternoon trading may be linked to report from CTFN regarding the company and potential interest from CVS Health (CVS), contacts tell The Fly.

13:21 EST North American rail traffic down 2.8% for the week ending November 12 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending November 12. For this week, total U.S. weekly rail traffic was 490,350 carloads and intermodal units, down 2.5% compared with the same week last year. Total carloads for the week ending November 12 were 235,474 carloads, down 0.2% compared with the same week in 2021, while U.S. weekly intermodal volume was 254,876 containers and trailers, down 4.5% compared to 2021. Four of the 10 carload commodity groups posted an increase compared with the same week in 2021. They included motor vehicles and parts, up 2,142 carloads, to 14,829; nonmetallic minerals, up 1,676 carloads, to 32,706; and farm products excl. grain, and food, up 742 carloads, to 17,242. Commodity groups that posted decreases compared with the same week in 2021 included grain, down 1,366 carloads, to 23,932; chemicals, down 1,360 carloads, to 32,168; and metallic ores and metals, down 915 carloads, to 19,346. North American rail volume for the week ending November 12, on 12 reporting U.S., Canadian and Mexican railroads totaled 334,731 carloads, down 0.7% compared with the same week last year, and 335,949 intermodal units, down 4.9% compared with last year. Total combined weekly rail traffic in North America was 670,680 carloads and intermodal units, down 2.8%. North American rail volume for the first 45 weeks of 2022 was 30,550,437 carloads and intermodal units, down 2% 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), FreightCar America (RAIL), Trinity Industries (TRN), Greenbrier (GBX) and Wabtec (WAB). Reference Link

13:05 EST Muddy Waters' Carson Block says 'highly concerned' dLocal 'is a fraud' - Carson Block of Muddy Waters Research, who earlier today announced a short position in dLocal (DLO), is being interviewed on CNBC from the Sohn London Investment Conference.

13:02 EST Rockwell Automation selected by Ford for three electric vehicle assembly sites - Rockwell Automation (ROK) announced that Ford Motor (F) has selected Rockwell as its vehicle operations primary controls and solutions provider for its next three electric vehicle assembly sites. Blake Moret, Chairman and CEO of Rockwell Automation, said: "We look forward to working closely with Ford and its ecosystem over the next several years to accelerate business outcomes and advance the company's position as a global leader in the electric vehicle market." Rockwell products and services will be utilized across Ford's automotive production complexes located in Oakville, Canada; Blue Oval City, Tenn.; and Avon Lake, Ohio.

13:00 EST Coinbase says has 'zero exposure' to Genesis Trading - Coinbase stated in a series of tweets: "With the volatility of the crypto and overall markets, it's important to reinforce that Coinbase has a sound risk management program and a strong capital position... We won't comment on every event in crypto, but for the sake of clarity: Coinbase has zero exposure to Genesis Trading... We'll keep working to grow the cryptoeconomy in a safe, responsible way. And we'll continue to do everything we can to protect our customers." Reference Link

12:32 EST Ubisoft, Riot partner to tackle harmful content in game chats - Ubisoft (UBSFY) and Riot Games (TCEHY) announced they are partnering over a new research project in the pursuit of making online video game spaces safer. Removing 'harm' - a complex word with many tendrils of meaning - in video game chats is crucial and ongoing work, and their project, Zero Harm in Comms, aims to ultimately develop a more nuanced and robust framework than anything else available to do just that, the companies said. Gathered from various chat logs in Ubisoft's and Riot's portfolio of games, the data - strings of text - are scrubbed clean of Personally Identifiable Information and personal information. They are then labeled by behavior - is this totally neutral, for example, or is it racism, or sexism? and used to train automated systems to better recognize and parse such harmful behavior from the jump. The key to the project lies within the sheer volume of data the duo is attempting to gather. With more data, these systems can theoretically gain an understanding of nuance and context beyond key words, they said. Reference Link

12:29 EST Getaround, InterPrivate II Acquisition report effectiveness of Form S-4 - Getaround and InterPrivate II Acquisition Corp., a publicly-traded special purpose acquisition company, announced that the U.S. SEC declared effective the Registration Statement on Form S-4 filed with the SEC in connection with the previously announced proposed business combination of Getaround and InterPrivate II. The Registration Statement provides important information about the Business Combination. InterPrivate II also established a record date of November 14, 2022 and announced that it will hold its special meeting of stockholders on December 7, 2022 at 9:00 a.m. ET to approve the Business Combination with Getaround and related matters. InterPrivate II stockholders of record as of the Record Date will be entitled to notice of, and to vote at or before, the Special Meeting. If the necessary proposals at the Special Meeting are approved, InterPrivate II and Getaround anticipate that the Business Combination will close promptly after the Special Meeting, subject to the satisfaction of all other closing conditions. Upon the closing of the Business Combination, the combined company common stock are expected to be listed on the New York Stock Exchange under the ticker symbol "GETR."

12:25 EST dLocal drops 12% to $18.70 after Muddy Waters short report

12:00 EST Advance Auto Parts falls -17.0% - Advance Auto Parts is down -17.0%, or -$31.31 to $152.63.

12:00 EST Brookdale Senior Living falls -24.7% - Brookdale Senior Living is down -24.7%, or -$1.22 to $3.71.

12:00 EST Atento rises 14.8% - Atento is up 14.8%, or 56c to $4.38.

11:47 EST PayPal's Happy Returns unveils new revenue stream for Shopify merchants - Happy Returns, a PayPal (PYPL) company, announced yesterday Return Shopping, a new revenue stream for Shopify (SHOP) merchants. This feature helps drive shoppers to merchants' e-commerce storefronts within the return experience, helping retain revenue without the accounting challenges associated with exchanging items of different prices. Return Shopping is a free feature available to both current and future Happy Returns customers using the Return & Exchange Portal and Shopify . This optional feature can be enabled via the merchant's Happy Returns dashboard. Unlike exchanges, Return Shopping keeps transactions separate: the return and the new sale. By creating a new order, all relevant sales and tax details will be accurately represented within Shopify where all downstream systems can ingest these as standard orders. Merchants can encourage shoppers with customizable incentives: a configurable discount amount on the new sale and/or the option to waive the processing fee on the return. Merchants can monitor sales and make adjustments to their incentives and have visibility into new orders placed, total order value, length of time to pay, and cart abandonment. This feature is available to both new and existing customers using Shopify and Happy Returns' Return & Exchange Portal. Click the link below to schedule a time with a member of the Happy Returns sales team to get started. Reference Link

11:20 EST TJX expects to repurchase $2.25B-$2.5B of TJX stock this FY

11:07 EST TJX: Comp sales improved each month of Q3 on 3-year stacked basis - Comments taken from Q3 earnings conference call.

11:02 EST Cartesian Growth Corp trading halted, volatility trading pause

10:12 EST Wafer Fab Equipment names slide after Micron cuts wafer starts - Shares of several Wafer Fab Equipment, or WFE, stocks are falling after Micron (MU) said it now expects its year-on-year bit supply growth to be negative for DRAM and in the single-digit percentage range for NAND in 2023 given how "the market outlook for calendar 2023 has weakened" recently. Micron announced that the company is reducing DRAM and NAND wafer starts by approximately 20% versus fiscal fourth quarter 2022 in response to market conditions. After the chipmaker's announcement, share of Applied Materials (AMAT) are down $4.14, or 4%, to $106.32, those of ASML (ASML) are down $18.97, or 3%, to $578.50, shares of KLA-Tencor (KLAC) are down $11.81, or 3%, to $373.74 and those of Lam Research (LRCX) are down $34.02, or 7%, to $456.72.

10:00 EST Advance Auto Parts falls -14.6% - Advance Auto Parts is down -14.6%, or -$26.92 to $157.02.

10:00 EST Brookdale Senior Living falls -17.4% - Brookdale Senior Living is down -17.4%, or -85c to $4.07.

10:00 EST Atento rises 14.4% - Atento is up 14.4%, or 55c to $4.37.

09:59 EST Lowe's says not seeing a shift away from discretionary purchases - Says not seeing any "trade-down or pullback" in consumer behavior. Seeing "trade-up" in several categories. Says on track to reduce shipping times by 50% ahead of holidays. Expects continued shrink next quarter. Expects Pro/DIY comp trends to continue in Q4. Says inventory overall in a "solid position."

09:47 EST Brookdale Senior Living falls -13.6% - Brookdale Senior Living is down -13.6%, or -67c to $4.25.

09:47 EST ZIM Integrated rises 10.7% - ZIM Integrated is up 10.7%, or $2.83 to $29.20.

09:47 EST Atento rises 13.6% - Atento is up 13.6%, or 52c to $4.34.

09:41 EST Tiga Acquisition Corp trading resumes

09:39 EST NeuroSense gets regulatory approval to commence enrollment in ALS study in Italy - NeuroSense Therapeutics announced it has received approval from the Italian Medicines Agency, or AIFA, to commence patient enrollment in Italy for PARADIGM, the company's Phase 2b clinical trial of its lead drug candidate PrimeC in the treatment of amyotrophic lateral sclerosis, or ALS. "PARADIGM is currently enrolling patients in Israel and recently received clearance from the U.S. Food and Drug Administration to open clinical sites for patient recruitment in the U.S. NeuroSense expects to enroll and dose the first patients in Italy and in the U.S. in the next few weeks," the company stated. "Clearance from AIFA, Italy's health regulatory agency, is another important milestone achieved that supports our goal of providing patients in need from the EU, in addition to the US and other regions, the opportunity to join the PARADIGM study and receive PrimeC, which aims to target pertinent mechanisms in ALS with the hope for a meaningful clinical benefit," added NeuroSense CEO Alon Ben-Noon.

09:35 EST Tiga Acquisition Corp trading halted, volatility trading pause

09:34 EST Quantum FinTech Acquisition Corp trading halted, news pending

09:33 EST Lulu's Fashion Lounge trading halted, volatility trading pause

09:31 EST Diana Shipping announces time charter contract for m/v DSI Andromeda - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Western Bulk Carriers AS, for one of its Ultramax dry bulk vessels, the m/v DSI Andromeda. The gross charter rate is US$14,250 per day, minus a 5% commission paid to third parties, for a period until minimum October 16, 2023 up to maximum December 16, 2023. The charter is expected to commence later today. The "DSI Andromeda" is a 60,309 dwt Ultramax dry bulk vessel built in 2016. The employment of "DSI Andromeda" is anticipated to generate approximately US$4.70 million of gross revenue for the minimum scheduled period of the time charter.

09:30 EST Motorsport Games Inc trading halted, volatility trading pause

09:18 EST AMD selected to power Aisin Automated Parking-Assist system - AMD (AMD) announced that the AMD Xilinx Automotive, XA, Zynq UltraScale+ MPSoC platform has been selected to power the Aisin (ASEKY) Automated Parking-Assist, APA, system. The highly adaptable XA Zynq UltraScale+ MPSoC platform enables the next-generation Aisin APA system to detect pedestrians, vehicles and free space efficiently and at extremely low latency. The Aisin APA system will begin shipping in model year 2024.

09:15 EST Medigus subsidiary Eventer signed LOI for spin-off - Medigus announced that its 46.21% owned subsidiary, Eventer Technologies, signed a non-binding letter of intent, LOI, for a planned securities exchange agreement with AI Conversation Systems. According to the LOI, the transaction will only be completed if Eventer is valued at least $13 million, as determined by an independent appraiser. According to the LOI, Eventer will become a wholly owned subsidiary of AI Conversation Systems, and in exchange, Eventer will receive 74.99% of the issued and outstanding share capital of AI Conversation Systems. "Eventer is the market leader in its field in Israel and becoming a public company will support its efforts to make its services more accessible," said Liron Carmel, CEO of Medigus. "As a public company, Eventer is expected to have improved access to capital which should enable it to expand operations and activities in Israel and new markets internationally." The securities exchange agreement, if signed, will be subject to customary closing conditions.

09:13 EST Lowe's says performance 'tracking ahead of expectations' - Says Pros "remain optimistic," expecting more work in 2023 vs. 2022. Says made "significant progress" in supply chain transformation. Says key drivers of home improvement industry "remain supportive." Comments taken from Q3 earnings conference call.

09:11 EST Taboola announces new partnership with BuzzFeed - Taboola (TBLA) announced a new partnership with BuzzFeed (BZFD). Under the deal, BuzzFeed will leverage Taboola Feed, a feed that provides readers with personalized content for a more engaging experience. Feed will be embedded within BuzzFeed News and HuffPost, BuzzFeed's premium news brands. In addition, BuzzFeed will explore the option to implement additional Taboola offerings including Taboola News, an offering that would place BuzzFeed content in front of Taboola's large scale of readers across mobile devices. "We are thrilled to partner with BuzzFeed, a global name which has made a name for itself as a destination for diverse, socially-engaged readers. By adding Feed, high-impact placements and exploring other areas like Newsroom and Taboola News, they are taking a truly holistic approach to growing their audience and business," said Adam Singolda, CEO and founder, Taboola. "We look forward to providing BuzzFeed with competitive advantage, improved reader experience through content recommendations and new ways to drive monetization."

09:10 EST Helbiz strengthens Italy presence with new location in Turin, expansion in Milan - "Helbiz Kitchen, the ghost kitchen developed to revolutionize the food delivery experience, strengthens its presence in Italy by signing an agreement to bring its offerings to Turin in January 2023 with a new location in the Piedmontese capital. Continuing the expansion of Helbiz Kitchen, two locations will be added to the original kitchen in Milan this December, to cover a greater radius of the city. This is accomplished through a partnership with Kuiri, the network of cloud kitchens designed specifically for delivery and take-away that allows the food delivery operators to easily and quickly reach more Italian users," said the company in a statement. Continuing the expansion of Helbiz Kitchen, two locations will be added to the original kitchen in Milan this December, to cover a greater radius of the city. This is accomplished through a partnership with Kuiri, the network of cloud kitchens designed specifically for delivery and take-away that allows the food delivery operators to easily and quickly reach more Italian users."We are proud to be able to offer our services to the city of Turin and happy to strengthen our presence in Milan," said Rossella Di Dio, CEO of Helbiz Kitchen. "Helbiz Kitchen's path is made of investments that are sustainable involving the entire supply chain, from ingredient procurement, food preparation, and ending with delivery. Our goal is to provide a cutting-edge service that is able to evolve continuously with the needs of our customers. Moreover, just to confirm our commitment in Italy, Helbiz Kitchen is already planning to gradually reach other cities."

09:08 EST HubSpot invests in productivity platform ClickUp - HubSpot and ClickUp, a productivity platform that brings work together in one place, launched a partnership to help customers create more efficient workflows and better collaborate across teams. HubSpot Ventures is making an investment in ClickUp as companies release enhanced product integrations and GTM alignment. The two-way sync between ClickUp and HubSpot aims to automate manual work, accelerating the customer success workflow and providing visibility to all relevant team members on the latest status and next steps.

09:05 EST JLL provides business update, 2025 financial targets - JLL is setting 2025 consolidated financial targets. 2025 Fee Revenue is currently expected to be in the range of $10B-$11B and 2025 Adjusted EBITDA margin is currently expected to be 16%-19%. In addition, JLL is currently expecting to operate within a Net Debt to Adjusted EBITDA leverage range of 0.0x to 2.0x. JLL) is hosting an Investor Briefing November 16th, during which members of JLL's global leadership team will provide insight into JLL's long-term growth strategy and 2025 financial targets.

09:04 EST Creative Realities announces milestones, enhancements to Reflect AdLogic - Creative Realities announced "landmark achievements and significant updates" to the Company's dual-patented advertising management platform, Reflect AdLogic. Now delivering more than 1B ads per 30 days and powering over 75,000 screens daily, this powerhouse platform has been providing ad delivery systems for on-premise, digital out-of-home enterprises for over six years, and the company is set to further expand the platform's reach and capabilities. "Given the diverse needs of digital out-of-home markets, Creative Realities is uniquely positioned to meet a growing need in providing precise and consistent delivery of targeted ads," said Rick Mills, CEO of Creative Realities. "AdLogic mitigates the risk of under or over-delivery of ads by providing tools to schedule and target the delivery of ads with accurate proof-of-play for customers. With our new enhancements, we're now able to bring this next-generation platform to previously untapped markets and support the shift in media spend from in-home to digital out-of-home markets." Looking to the future, the AdLogic platform can now integrate with other platforms, including programmatic ads, content management systems and third-party systems.

09:03 EST Inhibrx's chondrosarcoma candidate shows efficacy and safety in Phase 1 trial - Inhibrx announced updated efficacy and safety data from the ongoing Phase 1 INBRX-109 expansion cohorts for the treatment of chondrosarcoma. Inhibrx presented data matured data on the original chondrosarcoma cohort and initial data from an additional cohort of chondrosarcoma patients with the isocitrate dehydrogenase mutation. Among the 33 patients evaluable as of November 8, the observed disease control rate was 87.9%, or 29 out of 33 patients, with two patients achieving partial responses - 6.1% - and 27 patients achieving stable disease - 81.8% -. Disease control was observed in patients with and without IDH1/IDH2 mutations. Of those achieving stable disease 55.6% had decreases from baseline in tumor size. Clinical benefit was durable, 14 of 33 patients - 42.4% - who achieved disease control had a clinical benefit lasting greater than 6 months, and the longest duration of stable disease is 20 months. To date, the median progression-free survival is 7.6 months, and five patients remain on study. Treatment-related adverse events were reported in less than 5% of the patients with the most common being increased alanine aminotransferase, increased aspartate aminotransferase and increased blood bilirubin and fatigue. There were no grade 4 or 5 events reported among patients with treatment-related AEs.

09:00 EST Lowe's sees FY22 gross margin 'up slightly' compared to prior year - Sees FY22: Total share repurchases of approximately $13B (previously $12B). Adjusted operating margin of 13.0%. Adjusted effective income tax rate of approximately 25%. Capital expenditures of up to $2B. Adjusted ROIC of over 37%.

08:55 EST Ardelyx trading halted, news pending

08:51 EST Foresight Autonomous to resume trading at 09:00ET - Trading in shares of Foresight Autonomous is set to resume at 9:00 am ET, with quotation scheduled to resume at 8:55 am ET, according to Nasdaq. Shares had been halted ahead of the announcement that the company signed a commercial agreement with SUNWAY-AI for up to $50M .

08:48 EST Majic Wheels announces merger agreement with OceanTech Acquisitions I - Last night, Majic Wheels Corp., a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, software development, and crypto exchange platform, through strategic acquisitions, and OceanTech Acquisitions I Corp., a special purpose acquisition company, announced that they have entered into a definitive business combination agreement that will result in Majic Wheels becoming a publicly listed company on The Nasdaq Stock Market. Additionally, concurrent and in connection with the merger agreement, OceanTech and Majic Wheels have entered into a forward share purchase agreement for up to $40M committed backstop by Meteora Capital Partners and its affiliates. Upon closing of the transaction, OceanTech will be renamed Majic Corp. and expects to remain listed on The Nasdaq Stock Market under the ticker symbol "MJWL" with a combined business value of $333,360,290 on the signing of the merger agreement. The merger agreement includes an earn-out consideration of up to $500M, or 50M shares, including 10M shares subject to the RSU Incentive Plan, over the next three years, based upon certain "triggering events" regarding the performance of the combined company and its management. Sathyanandham Anguswami, CEO of Majic Wheels, comments: "Majic Wheels has spent the past year transforming and refocusing its core business, whilst simultaneously innovating it during a historic macro-economic downturn. As a result, we are excited to be emerging with a value proposition that is stronger than ever, and for which this Merger Agreement with OceanTech will be invaluable." The boards of directors of Majic Wheels and OceanTech have unanimously approved the proposed business combination, which is expected to be completed in 1H 2023, subject to, among other things, the approval by OceanTech's and Majic Wheels' shareholders, satisfaction of the conditions stated in the merger agreement and other customary closing conditions, including a registration statement being declared effective by the U.S. Securities and Exchange Commission, the receipt of certain regulatory approvals, and approval by The Nasdaq Stock Market to list the securities of the combined company.

08:47 EST Argo Group provides update on ongoing strategic review process - Argo Group announced that it is mailing a letter to shareholders in connection with its 2022 annual meeting of shareholders urging them to vote the Blue proxy card for all seven of Argo's highly qualified director nominees. The annual meeting will be held on December 15 and shareholders of record as of October 26 are entitled to vote at the meeting. In the letter Argo details the ongoing strategic review process the Argo board of is undertaking to evaluate a range of alternatives, including a potential sale of the whole company. With assistance from Argo's financial advisor, Goldman Sachs & Co. LLC, the company has conducted outreach to more than 80 parties, including a mix of potential strategic buyers and financial sponsors. The process is being led by the strategic review committee of the board, which comprises directors who have significant experience executing M&A transactions and maximizing shareholder value. Argo is confident the strategic review process is best overseen by the Argo board of directors and its strategic review committee, not by Capital Returns' nominees. The letter said, "Your Board has taken a series of decisive actions to enhance and unlock the value of the business for shareholders. For example, over the last two years Argo has announced significant divestitures to exit international businesses and focus on its most profitable business lines. The Company has also re-underwritten its core U.S. specialty business, reduced costs and strengthened the management team, including adding five best-in-class C-suite executives to oversee its transformation and manage the Company in its next phase of growth as a U.S. focused specialty insurer. Argo has also announced two major risk transfer transactions, which together will significantly strengthen the Company's financial position and result in the transfer of approximately $954 million in net reserves. Most recently, in August, the Company announced its entry into a Loss Portfolio Transfer (LPT) with Enstar Group Limited for approximately $746 million, which closed on November 9, 2022. In September, following the announcement of the LPT and in line with Argo's focused approach to profitable growth, the Company announced its entry into an agreement to sell its Argo Underwriting Agency Limited and its Lloyd's Syndicate 1200 to Westfield Ltd. for total cash proceeds of approximately $125 million, subject to closing-related adjustments. These recent announcements are underpinned by an ongoing strategic analysis of our underwriting results and competitive position in all markets in which Argo operates. In addition, the Company previously divested international businesses, including in Brazil and Malta, and its global Ariel Re business. Following the recent completion of the LPT transaction and the pending sale of our Syndicate 1200 business to Westfield, your Board remains committed to continuing the review of strategic alternatives, better positioning Argo on a path to greater success... The current Board has been conducting a robust and thorough process, and keeping this Board in place will ensure the process is not disrupted or hindered. Your Board's focus throughout this process is choosing the right path that maximizes value for all shareholders."

08:44 EST Global Water to provide water services to new Procter & Gamble facility - Global Water Resources (GWRS) applauds The Procter & Gamble Company (PG) for receiving approval of an economic development agreement to build a new manufacturing facility in Coolidge, Arizona. The facility will be located on 427 acres at Inland Port Arizona, a 2,700-acre mega-site currently under development by Saint Holdings. Global Water will now work directly with P&G to provide water, wastewater and recycled water services to the planned manufacturing facility. Based upon P&G's stated schedule, Global Water expects to begin detailed design and permitting in 2023. Construction will commence thereafter, with a servicing goal of 2025. Global Water may begin providing construction water as soon as late 2023. Global Water Resources president and CEO, Ron Fleming, commented: "We look forward to working with such a renowned company as P&G. The new facility represents another major anchor to the Inland Port Arizona industrial mega-site, joining the new Nikola manufacturing plant that began production earlier this year. As more large facilities locate to this area, it enables the efficient deployment of infrastructure and integrated utility operations designed to provide safe, reliable and sustainable utility solutions for the entire region."

08:43 EST Sysorex provided a business update to its shareholders - Sysorex provided a business update to its shareholders. Wayne Wasserberg, CEO of Sysorex, commented, "I am pleased to report our revenue for the third quarter increased by over 85% to $3.5 million, while at the same time, we reduced our operating expenses by nearly 15%. We are more confident than ever in the outlook for our government services business, as illustrated by the rapid growth in our sales pipeline. As a result, we believe our government services business is on a path to long-term, positive cash flow. Moreover, we have broadened and diversified the business model for our TTM Digital Assets & Technology subsidiary, following the transition of Ethereum mining from Proof-of-Work to Proof-of-Stake during the third quarter of 2022. We are repurposing certain assets to offer Artificial Intelligence/Machine Learning processing and general server hosting, which we believe will also provide long-term and sustainable cash flow. Meanwhile, we continue to explore the sale of certain TTM assets, which has the potential to drive significant value for shareholders."

08:39 EST Foresight Autonomous signs commercial agreement with SUNWAY-AI for up to $50M - Foresight Autonomous announced the signing of a joint development and supply agreement with SUNWAY-AI Technology, a global Chinese manufacturer of components for autonomous and unmanned intelligent vehicles. Over the contractual period of four years, the deal may yield up to $51M in revenue based on demand from SUNWAY. The agreement establishes a joint program for the development and supply of obstacle detection systems and cloud gateway for driverless vehicles, as well as for advanced driver assistance systems for airport ground support vehicles, using both visible light and thermal cameras. Starting in the first half of 2023, SUNWAY will commercialize the ADAS systems to its customers and to third parties in Mainland China, as well as to Hong Kong, Taiwan and Macao. SUNWAY will assume responsibility for all regulatory clearances in connection with commercialization, as well as all installation, deployment, maintenance and support activities. "Foresight's selection by SUNWAY is a solid endorsement, reflecting recognition of our state-of-the-art vision systems by a Chinese automotive leader. We believe that the installation of our innovative QuadSight technology in various airport vehicles using advanced ADAS systems will bring a new level of safety and reliability to airport ground operations across China," said Foresight CEO Haim Siboni. "We believe our technology, combined with SUNWAY's, has a great potential for further deployment in additional applications and markets in China, such as agriculture and infrastructure," Siboni concluded.

08:38 EST Visionary Education signs non-binding LOI to acquire equity interest in HEBT - Visionary Education Technology Holdings announced that on October 30, 2022, the Company entered into a non-binding Letter of Intent, LOI, to acquire a minimum of an 85% equity interest of Shanghai Heerbanti Education Technology, HEBT, an education services company. This proposed transaction aligns with the Company's corporate goal to achieve sustainable growth by acquiring other high-quality education services companies and fits the Company's growth strategies to expand its offering of education products and services. Pursuant to the LOI, the Company intends to acquire the equity interest of HEBT in three stages. The Company intends to pay $2,748,401 in its ordinary shares at a price of $4 per share in the first stage for a 35% equity interest of HEBT and the first stage transaction is expected to be closed by November 30, 2022. The Company intends to pay $4,947,121 in its ordinary shares in the second stage for an additional 35% equity interest of HEBT provided HEBT achieves a targeted net income for the year ending December 31, 2022 and $2,983,040 in its ordinary shares in the third stage for an additional 15% equity interest of HEBT provided HEBT's achieves a targeted net income for the year ended December 31, 2023. The Company will have an option to acquire between 15% and 30% of the equity interests in HEBT at the third stage. The LOI is subject to the Company's due diligence, negotiation, further evaluation, and execution of a definitive agreement. David Xu, Chief Executive Officer and Chief Operating Officer of the Company, commented, "We are excited to enter the LOI to acquire HEBT and we expect this acquisition will increase our presence in the postgraduate education market in China... We believe this acquisition will benefit both of our students and will continue to optimize our education services ecosystem. With the acquisition of HEBT, we are optimistic about seizing the opportunities ahead of us and are committed to growing our business to generate more value for our shareholders in the long term."

08:37 EST Target planning for continued challenging environment going into 2023, says COO

08:33 EST NextNav announces sale of common shares by members of executive team - NextNav announced that certain members of NextNav's executive leadership team sold approximately 796 thousand shares of NextNav's common stock on November 15. The sale of common shares was primarily done to cover tax obligations associated with the vesting of certain restricted stock units and awards. Simultaneously, entities controlled by NextNav Director, Neil Subin, purchased approximately 280 thousand shares. NextNav executives selling shares include, Chairman Gary Parsons, CEO Ganesh Pattabiraman, CFO Chris Gates, SVP Systems Engineering Arun Raghupathy and SVP Network Operations David Knutson.

08:30 EST Target's November trends to-date largely consistent with end of October

08:27 EST Cyngn to deploy autonomous industrial vehicles for U.S. Continental - Cyngn announced it has been awarded a contract to provide self-driving stockchasers for U.S. Continental, a manufacturer of leather and fabric care products. U.S. Continental will be utilizing autonomous stockchasers powered by Cyngn's Enterprise Autonomy Suite to transport pallets of materials throughout its main manufacturing plant in Corona, Calif., starting early 2023. David Williams, U.S. Continental's CEO, said, "Our facility spans multiple buildings, which is why we needed a solution that would enable us to autonomously move pallets across our campus. Cyngn's autonomous stockchaser works both indoors and outdoors, making it an excellent fit for our needs. According to our research, there were very few solutions that could work in both environments, so when we found Cyngn, we knew we were onto something." Lior Tal, Cyngn's CEO, said, "We are excited about the opportunity to help U.S. Continental overcome current supply chain challenges, increase productivity, and reduce operating costs through the implementation of our Enterprise Autonomy Suite. This is a critical time for manufacturers to stay competitive through the utilization of industrial automation to adapt to a changing business landscape. We are pleased to have secured another revenue-generating win."

08:23 EST UnitedHealth,Life Time clubs team to offer program to certain Medicare members - UnitedHealthcare (UNH) and Life Time (LTH), have expanded their relationship to include access to all Life Time locations, helping even more people stay active and improve physical and mental well-being. UnitedHealthcare Medicare members with plans that include the Renew Active fitness program will now have access to all of Life Time's nearly 160 athletic clubs in 29 states nationwide. Renew Active by UnitedHealthcare is a fitness program for body and mind, available exclusively with UnitedHealthcare Medicare plans at no additional cost. Renew Active includes a free gym or health club membership, access to thousands of on-demand and livestream workouts and an online brain health program. More than 10 million Renew Active members are now eligible to participate in a wide range of Life Time's membership options and programs.

08:20 EST Target COO: Lead times in global shipping improving

08:16 EST Beam Global receives $29.4M order from TechFlow - Beam Global announced that TechFlow has selected Beam Global's sustainable EV ARC electric vehicle charging systems to fulfill its 367-unit award from the U.S. Army Material Command. The EV ARC charging systems will be deployed for the U.S. Army Installation Management Command, IMCOM, at 50 locations in 28 states and Puerto Rico. The award was made in support of Executive Order 14057 which calls for 100% zero-emission federal fleet vehicle acquisitions by 2035, including 100% light duty acquisitions by 2027. "Beam Global's Made-in-America EV ARC systems are the only 100% solar-powered, transportable, rapidly deployed EV charging systems that fit in a single parking space without reducing available parking. Partnering with TechFlow's experienced team to supply the U.S. Army is an excellent fit," said Desmond Wheatley, Beam Global CEO. "The ambitious goals to electrify the federal fleet will require an unprecedented build-out of EV charging infrastructure, compressing years of work into days of deployment. The combination of Beam Global's technology and TechFlow's experience on bases and working with the federal government in general make the rapid deployment of reliable, sustainable, cost-effective EV charging infrastructure about as easy as it could be. We are looking forward to doing a whole lot more together."

08:15 EST Avid Bioservices appoints Lukash as vice president, people - Avid Bioservices (CDMO) announced the appointment of Oksana Lukash, as vice president, people. Lukash has more than 20 years of human resources experience with both established and entrepreneurial organizations across a range of industries. Prior to joining Avid, Lukash served as vice president, people & culture at Oncocyte (OCX), a precision diagnostics company.

08:13 EST GrowGeneration annnounces premium partnership with hydroponics firm Grodan - GrowGeneration announced that the Company has entered into a premium partnership with Grodan, a producer of stone wool growing media solutions for a wide variety of hydroponics operations. GrowGen is now a Platinum Certified dealer of Grodan products, the first in the country. This enhanced partnership will elevate GrowGen's market position and allow Grodan products to be sold to more customers at competitive pricing. "Grodan's innovative and sustainable stone wool products are the best in the industry," said Rebecca Haluska, SVP of Purchasing for GrowGen. "The direct partnership brings Grodan stone wool growing solutions to the entire GrowGen retail footprint and further delivers on our commitment to provide high-quality products to our customers at the best prices."

08:11 EST Sunshine Biopharma enters into a collaboration agreement with LNP company - Sunshine Biopharma announced that it has entered into a collaboration agreement with one of North America's leading lipid nanoparticle, LNP, companies. The purpose of the collaboration is to advance the development of Sunshine Biopharma's mRNA-based anticancer macromolecule, K1.1. The Company's collaboration partner will prepare two LNP formulations of Sunshine Biopharma's in-house developed antineoplastic mRNA, K1.1. Sunshine Biopharma had previously shown that its K1.1 mRNA is capable of destroying cancer cells in vitro, including multidrug resistant breast cancer cells, ovarian adenocarcinoma cells, and pancreatic cancer cells. Parallel studies using normal human cells showed that K1.1 mRNA had little or no cytotoxic effects. The partner generated K1.1a::LNP and K1.1b::LNP will be used to conduct in vivo studies on xenograft mice expressing the in vitro tested human cancers as well as liver cancer. Should these mice studies prove successful, the Company can advance relatively rapidly to conducting human trials. The LNP formulated K1.1 mRNA can be readily adapted for delivery into patients using the recently gained knowledge from the mRNA vaccine technology.

08:10 EST Aemetis begins construction of Keyes plant solar microgrid - Aemetis announced that construction has begun for the TotalEnergies and Schneider Electric solar microgrid system with at 2.0 MW photovoltaic array and a 1.25 MW battery energy storage system. Once construction has been completed, the microgrid will be integrated with the new Rockwell/Allen Bradley distributed control system at the Aemetis Advanced Fuels biorefinery in Keyes, California. The solar array will generate approximately 3.2 million kWh per year and reduce greenhouse gas emissions by ~8,000 MT CO2e per year. Foundations for the solar array are now under construction, with project completion expected in the second quarter of 2023. TotalEnergies serves as the project's PV supplier as well as the engineering, procurement, and construction contractor. "The microgrid creates energy resiliency and will assist with off peak load shedding and energy efficiency," stated Eric McAfee, Chairman and CEO of Aemetis. "This microgrid, along with other energy saving technologies being implemented at our low-carbon ethanol facility, will further reduce the carbon intensity score of the fuel ethanol produced," he continued. "Aemetis can also displace natural gas with carbon negative Renewable Natural Gas upgraded and injected at the same facility in Keyes, California."

08:09 EST Augmedix announces partnership with Veterinary Specialty Center - Augmedix announces its first-ever partnership in veterinary services with Veterinary Specialty Center, an independently-owned, multidisciplinary 24-hour veterinary emergency hospital and trauma center. "Augmedix is truly excited to offer our industry-leading medical documentation solutions to help alleviate the administrative burden felt among veterinarians and their staff," said Augmedix CEO Manny Krakaris. "Our solutions have been serving clinicians and hospitals across the country for a decade, and thanks to outreach from Veterinary Specialty Center, we are pleased to naturally and successfully enter into veterinarian services with this partnership." With the implementation of Augmedix solutions this year, Veterinary Specialty Center has the ability to alleviate administrative burden and increase productivity. Veterinarians can save up to three hours per day on medical documentation, preventing them from working late or taking work home.

08:08 EST Target seeing increase in theft, organized crime, says CEO Cornell

08:08 EST Target CEO: Borrowing options for consumers running out

08:07 EST Target planning for 'rapidly softening demand,' says CEO Brian Cornell - Comments taken from Q3 earnings conference call.

08:07 EST Johnson Controls launches OpenBlue on Alibaba Cloud - Johnson Controls (JCI) has officially launched OpenBlue Enterprise Manager on the Alibaba Cloud, deepening the collaboration between the two companies. Alibaba Cloud is a leading cloud computing and artificial intelligence service provider. Alibaba's Net Zero Cloud initiative is designed to "drive its own carbon reduction, provide digital carbon reduction capabilities and support green technology innovation." The collaboration between Johnson Controls and Alibaba (BABA) is inspired by the businesses' shared vision on sustainability. Buildings account for some 40% of global emissions and Johnson Controls is uniquely positioned to help customers around the world pursue their net zero carbon goals.

08:05 EST OneSpan promotes M. Samy Ibrahim to chief revenue officer - OneSpan announced the promotion of M. Samy Ibrahim to chief revenue officer. Ibrahim will oversee OneSpan's global revenue organization and will be responsible for driving strategic alignment between all revenue-related functions as OneSpan accelerates its momentum heading into 2023.

08:05 EST Chipotle opens 500th restaurant with Chipotlane - Chipotle Mexican Grill announced the opening of its 500th restaurant with a Chipotlane, the brand's digital order drive thru pick-up lane. Located in Louisville, Kentucky, the milestone opening underscores the brand's ongoing commitment to driving access and convenience to real food made with true culinary every day.

08:02 EST Infinera announces GBI deployed ICE6 800G optical engine - Infinera announced that Gulf Bridge International, GBI, has deployed Infinera's ICE6 800G optical engine across its submarine and terrestrial networks between the Middle East and Europe to increase capacity in preparation for the World Cup, which commences this Sunday. The upgrade to ICE6 doubles GBI's network capacity and provides connections of up to 800G per wavelength. GBI was able to rapidly integrate this new technology over its existing third-party optical line system by leveraging open optical networking principles. "Modernizing GBI's submarine and terrestrial Smart Network with Infinera's ICE6 solution is a significant step forward in ensuring GBI remains a leading service provider, offering differentiated services such as 400 GbE to its customers," said Nick Walden, Senior Vice President, Worldwide Sales, Infinera. "GBI operates key routes throughout the Middle East and European markets, and we are pleased to equip them with the highest capacity and most innovative services available."

07:45 EST CureVac, GSK teamed on 4 Phase 1 studies in COVID-19 and flu vaccines - "CureVac (CVAC) is delivering on its previously announced 2022 clinical development program in prophylactic vaccines and has initiated a total of four Phase 1 studies in COVID-19 and flu in collaboration with GSK (GSK). All clinical candidates are based on CureVac's second-generation mRNA backbone and are being tested as a booster vaccination. In line with the company's development strategy to take an unrestricted technology approach, each program features a candidate applying unmodified mRNA as well as a candidate applying modified mRNA to identify the best-performing candidate for later-stage clinical development. All trials are well on track to deliver clinical data in early Q1 2023. Data are expected to be reported as combined data sets for both candidates per indication," said the company in a statement.

07:39 EST Accuray's Radixact System selected by France's Oscar Lambret Center - Accuray announced that the Oscar Lambret Center in Lille, France has installed its second Radixact System and the hospital's fifth Accuray radiation therapy delivery system. The hospital has enhanced both Radixact Systems with the addition of the Accuray-only ClearRT Helical Fan-Beam kVCT Imaging and Synchrony technologies, applications designed to improve treatment outcomes and versatility in the types of diseases that can be treated. The Oscar Lambret Center is part of Unicancer, the only French hospital network dedicated 100% to cancer care, research and education.

07:35 EST Enovix completes ordering of laser patterning, assembly line equipment for Gen2 - Enovix announced that it has placed the remaining purchase orders for the laser patterning and assembly line equipment of its Gen2 Autoline. "We prioritized getting Gen2 right with the knowledge that we have to move fast to capitalize on our opportunity to deliver a game-changing battery in an industry starved for innovation," said Harrold Rust, Enovix co-founder and CEO. "I'm pleased that our team has delivered on the commitment we made in our last quarterly earnings call to get these critical Gen2 purchase orders placed swiftly."

07:32 EST Vinco Ventures appoints Levychin to board of directors - Vinco Ventures announced the appointment of Richard Levychin, CPA, CGMA to its Board of Directors, effective November 11, 2022. Levychin will serve as an independent director and as Chair and financial expert of the Audit Committee. Levychin currently is a Partner in NY-based Galleros Robinson's Commercial Audit and Assurance practice focusing on privately and publicly held companies.

07:27 EST First Wave BioPharma issues letter to stockholders - First Wave BioPharma announced that James Sapirstein, Chairman, President and CEO of First Wave BioPharma, has issued a Letter to Stockholders providing an update on the Company's clinical programs and recent events. "We expect to file an Investigational New Drug application with U.S. Food and Drug Administration to evaluate an enhanced enteric microgranule delivery formulation of adrulipase as a potential treatment for exocrine pancreatic insufficiency associated with cystic fibrosis and chronic pancreatitis in human clinical trials. Once we receive FDA clearance of our IND, First Wave expects to initiate a Phase 2 clinical trial prior to year-end 2022 with top-line data anticipated by the end of the first half of 2023... During 2022, we have implemented significant cost-cutting measures to conserve cash to support clinical development of adrulipase. We also restructured our obligations to the former stockholders of First Wave Bio, Inc. which eliminated $10 million of fixed liabilities from our balance sheet. Pursuant to our plan to regain and maintain compliance with Nasdaq's continued listing requirements, we completed a reverse stock split of our common stock in late August and have raised a significant amount of new capital since June 30, 2022, including a $6 million stock and warrant offering in October. We intend to raise additional capital, subject to market conditions, to complete our compliance plan by the November 22, 2022 deadline and to support our business. We remain dedicated to fulfilling our mission to help alleviate the suffering of patients with gastrointestinal disease, especially those with EPI... We believe that our adrulipase formulation will reduce the number of pills required to maintain effectiveness which will be a key differentiator for patients."

07:21 EST Axalta Coating appoints Villavarayan as CEO, President, member of board - Axalta Coating Systems announced the appointment of Chris Villavarayan as Chief Executive Officer, CEO, and President and a member of the company's Board of Directors, effective January 1, 2023. At that time, Rakesh Sachdev, who has served as interim CEO and President, will succeed Bill Cook as non-executive Board Chair. Cook will continue to serve as an independent director and will become Chair of the Board's Compensation Committee, while also continuing to serve on the Audit Committee. Most recently, Villavarayan served as CEO and President of Meritor.

07:19 EST Monopar announces clinical data from Phase 1b trial of camsirubicin - Monopar Therapeutics released data from its ongoing Phase 1b open-label clinical trial of camsirubicin in advanced soft tissue sarcoma patients. The data is displayed in the poster Monopar will be presenting later today at the 2022 Connective Tissue Oncology Society Annual Meeting. Camsirubicin Phase 1b: The Phase 1b trial is an open label dose escalation design to determine the maximum tolerated dose of camsirubicin in advanced soft tissue sarcoma patients. Clinical Trial Results To-Date: The Phase 1b clinical trial has enrolled 11 patients to-date ranging in age from 26 to 81 years. 5 of 10 patients have exhibited stable disease at 12 weeks. 1 patient met the criteria for SD at the first CT scan but unfortunately died due to COVID-19. The ASTS subtype patients achieving stable disease on camsirubicin are in line with those also more likely to respond to doxorubicin. These results are in the face of all patients in the trial, at the time of enrollment, having had an Eastern Cooperative Oncology Group performance score of 1, or "strenuous physical activity restricted". This suggests that the patients enrolled in this Phase 1b trial are more medically complex and challenging than those in other recent ASTS studies. The majority of patients enrolled in first-line ASTS trials of the past few years have had no physical activity impairments, with only a minority having an ECOG score of 1 or worse. The trial is presently at the fourth dose-level cohort, almost twice the trial's starting dose. No drug-related clinical cardiotoxicity has been observed in any patient, as tracked by left ventricular ejection fraction, an industry standard measure of cardiotoxicity. In line with the hypothesis of reaching a higher dose, the trial is continuing to enroll and dose-escalate, as there have been no signs of having yet hit the maximum tolerated dose.

07:15 EST InMed Pharmaceuticals announces launch of neurodegenerative disease program - InMed Pharmaceuticals announces the launch of its neurodegenerative disease program, which will be investigating the effects of cannabinoid analogs in diseases such as Alzheimer's, Huntington's and Parkinson's. In research conducted to date, InMed has identified two cannabinoid analogs demonstrating promising effects related to the treatment of neurodegenerative diseases, warranting further investigation in in vivo studies. InMed will be conducting studies using in vivo models in neurodegenerative disease to select the most appropriate candidate for clinical studies. Early preclinical efficacy readout is expected in 2Q 2023. In addition, Dr. Ujendra Kumar of the faculty of Pharmaceuticals Sciences at UBC has been awarded an Alliance grant from NSERC, with InMed as the named industry partner. The funding will support the research and development studies of InMed's cannabinoid pharmaceutical candidates, investigating their potential therapeutic effects in neurodegenerative diseases. The collaboration project is entitled "Pharmacological characterization of phytocannabinoids and the endocannabinoid system."

07:13 EST Else Nutrition launches on second online store, JD.com - Else Nutrition (BABYF) announces that following a successful launch on Tmall in September, it is increasing its efforts in penetrating the Chinese market with the launch of a second online store, with JD.com (JD). This launch comes at the start of the two busiest shopping months of the year in China and is expected to significantly accelerate Else product penetration amongst Chinese parents. "The reception for Else Nutrition products amongst Chinese consumers and key opinion leaders has been excellent, for this reason we made the decision to launch our second store in China on JD.com - China's largest e-tailer" said Hamutal Yitzhak, CEO, and Co-Founder of Else Nutrition. "We expect a very good response and accordingly have decided to increase the shipments to China in the coming months in anticipation of this demand."

07:09 EST Similarweb to cut 10% of global workforce - The company states: "Over the course of 2022, while our business has continued to grow, we have also seen substantial economic shifts around the globe. As a result of these shifts, we have made the very difficult decision to reduce our headcount in preparation for prolonged changes in demand. This is part of an ongoing plan to accelerate our path to cash flow profitability during 2023. We are balancing our resources to align with this strategy, and to enhance our flexibility."

07:08 EST General Motors, Nel ASA partner on renewable hydrogen production - Nel Hydrogen US, a subsidiary of Nel ASA, has entered into a joint development agreement with General Motors to help accelerate the industrialization of Nel's proton exchange membrane electrolyzer platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolyzers, the two companies are looking to enable more cost competitive sources of renewable hydrogen. Nel will be compensating GM for the development work and IP transfer on an ongoing basis and pay a license after successful commercialization dependent on how much of the end product is based on GM technology.

07:06 EST Lockheed Martin, Microsoft expand agreement on Classified Cloud - Lockheed Martin (LMT) and Microsoft (MSFT) announced a landmark expansion of their strategic relationship to help power the next generation of technology for the Department of Defense. The game-changing agreement will span four critical areas for the DOD: Classified Cloud Innovations: Microsoft's latest secure framework will make Lockheed Martin the first non-government entity to independently operate inside the Microsoft Azure Government Secret cloud ushering in a new era of cloud opportunities for industry. Artificial Intelligence/Machine Learning, Modeling and Simulation Capabilities: Lockheed Martin and Microsoft have entered a two-year collaborative research and development program that will advance AI/ML and modeling and simulation capabilities for the DOD. 5G.MIL Programs: The R&D agreement also expands the companies' existing collaboration to deliver advanced networking and secure 5G capabilities at the tactical edge. Digital Transformation: Microsoft Azure will power Lockheed Martin's digital transformation journey, accelerating enterprise-wide productivity gains to deliver innovation at scale, enhance choice and flexibility, and create the next generation of defense technologies.

07:05 EST Compugen to receive $7.5M milestone payment from AstraZeneca - Compugen (CGEN) expects to receive a milestone payment of $7.5M from AstraZeneca (AZN), after AstraZeneca dosed the first patient in its ARTEMIDE Phase 2 study with AZD2936, a PD-1/TIGIT bispecific antibody derived from COM902, Compugen's clinical-stage anti-TIGIT antibody. In 2018, Compugen and AstraZeneca entered into an agreement by which Compugen provided an exclusive license to AstraZeneca to use Compugen's monospecific antibodies that bind to TIGIT, including COM902, for the development of bispecific and multi-specific antibody products. AstraZeneca is responsible for all research, development, and commercial activities. To date, Compugen has received a $10M upfront payment, an additional $8M in milestone payments and is entitled to an additional $7.5M payment triggered by Phase 2 initiation, out of up to an aggregate milestone amount of $200M that the company is eligible to receive in development, regulatory and commercial milestones for the first product, as well as tiered royalties on future product sales. If additional bi or multi-specific products are developed based on Compugen's monospecific antibodies that bind to TIGIT, additional milestones and royalties would be due to Compugen.

07:03 EST Apollo Silver completes 2022 drill program at Calico Silver Project - Apollo Silver announces it has completed Phase 2 of the 2022 Calico Drill Program at its Calico Silver Project, located in San Bernardino County, California. With the completion of Phase 2 drilling, the proposed 10,000 metre 2022 Calico Drill Program is now complete on schedule and under budget. Reverse circulation drilling as part of the Phase 2 program began September 19, 2022 and was completed November 12, 2022, ahead of schedule. "The 2022 Calico Drill Program has been completed ahead of schedule and under budget," Apollo President and CEO, Tom Peregoodoff, commented. "I am very proud of the team, who completed the Phase 1 and Phase 2 drill campaigns with no lost time incidents and no significant health or environmental issues to report. This is a tribute to the culture of the Apollo organization and the strength of the people involved both from Apollo and our excellent contractors. Phase 2 assay results from Calico will be released to the market on a regular basis as they are received from the lab. In addition, I am pleased that we have been able to re-negotiate the terms of the Arizona Silver Project option agreement. Our focus has been on advancing Calico and the renegotiated terms provide us with extra time to complete our initial target generation work."

07:02 EST EyePoint reports inducement grants under NASDAQ listing rule - EyePoint Pharmaceutical announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company's 2016 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 10,700 shares of EyePoint Pharmaceuticals common stock to two new employees. The stock options were granted on November 15, 2022. The grants were approved by the Compensation Committee and made as an inducement material to each employee entering into employment with EyePoint Pharmaceuticals in accordance with NASDAQ Listing Rule 5635(c)(4). The option awards have an exercise price of $4.42 per share, the closing price of EyePoint Pharmaceuticals' common stock on November 15, 2022.

06:58 EST Roche receives FDA Emergency Use Authorization for test to detect monkeypox - Roche (announced that the U.S. Food and Drug Administration granted Emergency Use Authorization for cobas MPXV for use on the cobas 6800/8800 Systems. The test is a real time PCR test for the qualitative detection of DNA from monkeypox virus in lesion swabs collected from individuals suspected of monkeypox infection by their healthcare provider. "When multiple clusters of monkeypox virus infection were initially reported in countries where the disease is not endemic, Roche was among the first companies to address virus concerns with test kits. In order to meet the testing needs and workflow demands of laboratories as well as expand access to safe and reliable diagnostic solutions, we developed the cobas MPXV on the fully automated and high-throughput cobas 6800/8800 system," said Thomas Schinecker, CEO of Roche Diagnostics.

06:51 EST ANI Pharmaceuticals' Triimethoprim Tables USP approved by FDA - ANI Pharmaceuticals received FDA approval for the Abbreviated New Drug Application for Trimethoprim Tablets USP, 100 mg. ANI's Trimethoprim Tablets are the generic version of the Reference Listed Drug of the same established name. The current annual U.S. market for Trimethoprim Tablets is approximately $16.8M, according to IQVIA/IMS Health, a leading healthcare data and analytics provider.

06:35 EST Target expects to save $2B-$3B through enterprise efficiency effort - The company said, "The Company announced today it was undertaking an enterprise-wide effort to simplify and gain efficiencies across its business with a focus on reducing complexities and lowering costs while continuing to support its team. The Company believes it can save a total of $2 to $3 billion over the next three years through this work. These savings will support the company's investments in driving deeper guest engagement and long-term growth while also delivering on its profit goals. This opportunity is enabled by the rapid growth since 2019, in which Target's total revenue has grown approximately 40 percent. In light of this growth, this effort is focused on fully leveraging the scale that's been gained to best-position the Company to continue growing efficiently over time."

06:30 EST Group 1 Automotive increases stock repurchase authorization, quarterly dividend - Group 1 Automotive announced its board of directors increased the company's common stock repurchase authorization by $161M to $200M, and also declared an increase to the quarterly cash dividend. Group 1's board of directors also declared a cash dividend of 39c per share for the third quarter. The dividend represents an increase of 2.6%, or 1c per share, from the second quarter, and will be payable on December 15 to stockholders of record as of December 1.

05:56 EST Australia recalls over 1,000 Teslas over steering defect - More than 1,000 Teslas have been recalled by the Australian transport department due to safety concerns. The authorities recalled the vehicles on Wednesday due to a malfunction in the steering system, which increases the risk of a serious accident and could result in fatalities, according to an Australian Department of Transport report. According to the report, 1,012 Tesla Model S and Model X vehicles sold between 2017 and 2020 were recalled due to a risk that the electronic power assist steering system in the vehicles may experience a reduction in power, especially on rough roads. Reference Link

05:22 EST Boeing announces its technology supports NASA Space Launch System rocket - NASA's Space Launch System rocket, powered by the Boeing -built core stage, lifted off at 1:47 a.m. ET from the Kennedy Space Center. Eight and a half minutes into flight, the core stage completed its mission and separated from the upper stage of the rocket, sending NASA's Orion spacecraft on its first journey around the Moon.

05:19 EST Lockheed Martin reports its Orion spacecraft launches with NASA Artemis mission - NASA's Artemis I mission, with the Lockheed Martin-built Orion spacecraft on top, launched to the Moon. This test flight is the first in a series of missions under NASA's Artemis program, which will result in the first woman and first person of color landing on the Moon.

05:15 EST Northrop Grumman announces its technology supports NASA Artemis I launch - Two Northrop Grumman five-segment solid rocket boosters helped launch the first flight of NASA's Space Launch System, or SLS, rocket from Pad 39B in Kennedy Space Center, Florida as part of the Artemis I mission. This is the first in a series of Artemis missions focused on deep space exploration and establishing a sustainable human presence on and around the moon. Booster segments for Artemis II, the first crewed mission, and Artemis III, the mission that will land the first woman on the lunar surface, are complete. Artemis IV segments are currently being cast with propellant. Northrop Grumman supplied rocket propulsion for NASA's Apollo and Space Shuttle programs and developed the five-segment SLS solid rocket booster based on the flight-proven design of the space shuttle boosters. The company will provide ongoing support for SLS and the Artemis missions through 2031.

05:07 EST Restaurant Brands appoints Patrick Doyle as executive chairman - Restaurant Brands (QSR) has appointed Patrick Doyle to become the company's executive chairman, effective immediately. The company said its board of directors believe that Doyle will be an important contributor to unlocking growth in the company based on his proven track record doing the same at Domino's Pizza (DPZ). Doyle was the former CEO of Domino's Pizza from 2010 to 2018.