Stockwinners Market Radar for January 19, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

ATEC

Hot Stocks

20:45 EST Alphatec CEO sells $2.38M in common stock - In a regulatory filing, Alphatec disclosed that its CEO Patrick Miles sold 180K shares of common stock on January 17th in a total transaction size of $2.38M.
MMI

Hot Stocks

20:43 EST Marcus & Millichap closes $46M retail and office portfolio sale - Marcus & Millichap "announced the sale of the Ocean County Middle Market Portfolio, a 10-property, 310,023-square-foot retail and office portfolio in the Ocean County, New Jersey townships of Toms River and Brick. The portfolio sold for $46M."
KDP

Hot Stocks

20:07 EST Keurig Dr Pepper CFO buys $350K in common stock - In a regulatory filing, Keurig Dr Pepper disclosed that its CFO Sudhanshu Priyadarshi bought 10K shares of common stock on January 18th in a total transaction size of $350K.
BEAM

Hot Stocks

20:04 EST Cathie Wood's ARK Investment bought 52.8K shares of Beam Therapeutics today
CMPS

Hot Stocks

20:04 EST Cathie Wood's ARK Investment bought 158.2K shares of Compass Pathways today
CERS

Hot Stocks

20:03 EST Cathie Wood's ARK Investment bought 514.3K shares of Cerus today
NVTA

Hot Stocks

20:02 EST Cathie Wood's ARK Investment bought 724.8K shares of Invitae today
SHWZ

Hot Stocks

19:13 EST Schwazze names Forrest Hoffmaster as new CFO - The company states: "Medicine Man Technologies, operating as Schwazze announces changes to its executive financial leadership team in preparation for its growth initiatives in Colorado and New Mexico with the addition of CFO, Forrest Hoffmaster. Effectively immediately, Hoffmaster replaces the current CFO, Nancy Huber, who previously announced her plans to retire once the Company hired a new CFO. As Chief Financial Officer, Forrest Hoffmaster joins the executive leadership team at Schwazze where he will be responsible for the company's finance functions including Accounting, Audit, Risk, Tax, Treasury, Financial Planning & Analysis, Investor Relations, and Capital Markets. In addition, he will oversee the company's data analytics and information technology functions. Hoffmaster brings to Schwazze a 30-year career with broad C-suite experience in purpose-driven companies including Whole Foods, HEB Grocery, Advanced Micro Devices and, most recently, with New Seasons Market headquartered in Portland, Oregon."
ABCL

Hot Stocks

19:10 EST AbCellera announces U.S. Patent Office appeal board upholds patent - The company states: "AbCellera announced that the United States Patent and Trademark Office's Patent Trial and Appeal Board has ruled in favor of AbCellera in an Inter Partes Review filed by Berkeley Lights that challenged AbCellera's U.S. Patent No. 10,087,408. AbCellera's '408 Patent is directed to microfluidic devices and using such devices to culture cells, monitor a response, and recover selected cells. The IPR proceeding stems from AbCellera and the University of British Columbia (UBC) suing Berkeley Lights for patent infringement currently pending in the United States District Court for the Northern District of California. In response to AbCellera's infringement claims, Berkeley Lights filed three separate petitions with the PTAB seeking to invalidate multiple patents. The PTAB previously rejected two of Berkeley Lights' petitions, disagreeing that certain challenged claims were invalid. Berkeley Lights challenged the claims of the '408 Patent alleging invalidity based on anticipation and obviousness over the prior art. In response to claims against the '408 patent, AbCellera and UBC opposed institution and after oral argument, the PTAB rejected all of Berkeley Lights' arguments and confirmed that all claims of AbCellera's '408 Patent are valid."
EXEL

Hot Stocks

18:46 EST Exelixis receives favorable ruling in patent litigation with MSN Laboratories - Exelixis announced that in the lawsuit Exelixis v. MSN Laboratories, the U.S. District Court for the District of Delaware ruled in Exelixis' favor, rejecting MSN's challenge to the cabozantinib compound patent. The District Court's decision follows an earlier Stipulation and Order of October 1, 2021, that MSN's proposed generic cabozantinib product infringes the '473 patent. Additionally, the District Court ruled that MSN's proposed ANDA product does not infringe Exelixis' N-2 polymorph patent, which expires on October 8, 2030. The District Court's decision does not address the validity of the '776 patent, which was not contested by MSN. As a result of the ruling, Exelixis intends to request that the District Court order that the effective date of any potential U.S. regulatory approval of MSN's generic product, subject to any appeals or challenges, would be no earlier than August 14, 2026, the expiration date of Exelixis' '473 patent. This ruling does not impact Exelixis' separate and ongoing suit against MSN, concerning four different Orange Book-listed patents related to cabozantinib. Trial in MSN II is scheduled to begin in October.
NFLX WWE

Hot Stocks

18:38 EST Netflix not commenting on interest in buying WWE - Says still hasn't figured out how to deliver profits from sports rights in current model.
NFLX

Hot Stocks

18:34 EST Netflix to eye opportunities to raise prices - Says password crackdown won't be popular with members. Says there will be some members unhappy with password crackdown.
NFLX

Hot Stocks

18:34 EST Netflix to eye opportunities to raise prices - Says password crackdown won't be popular with members. Says there will be some members unhappy with password crackdown.
KRYS

Hot Stocks

18:29 EST Krystal Biotech CEO sells $4.04M in common stock - In a regulatory filing, Krystal Biotech disclosed that its CEO Krish Krishnan sold 50K shares of common stock on January 17th in a total transaction size of $4.04M.
NFLX

Hot Stocks

18:25 EST Netflix sees advertising growing to at least $3B-$4B - Says not seeing many users downgrade to ad tier. Says take rate and growth on ad-tier is solid. Says engagement from ad-tier users comparable to users on non-ad plan. Says expects to beat Hulu in ad business in several years.
NFLX

Hot Stocks

18:17 EST Netflix sees 'enormous' growth ahead - Says no big strategy or culture shift coming after CEO shakeup. Says aiming to executive core model better instead of changing strategy too much. Comments taken from Q4 earnings conference call.
LLY

Hot Stocks

18:03 EST Eli Lilly discloses FDA complete response letter for submission of donanemab - The company states: "Eli Lilly announced the FDA has issued a complete response letter for the accelerated approval submission of donanemab for the treatment of early symptomatic Alzheimer's disease due to the limited number of patients with at least 12 months of drug exposure data provided in the submission. No other deficiencies in the application were noted. The confirmatory Phase 3 TRAILBLAZER-ALZ 2 trial remains ongoing, with topline data read-out expected in Q2 2023, and will form the basis of donanemab's application for traditional approval shortly thereafter. Lilly will continue to work with the FDA to evaluate the fastest pathway to make this potential treatment option widely available to patients. In the complete response letter to the accelerated approval application, the FDA specifically requested that Lilly provide data from at least 100 patients who received a minimum of 12 months of continued treatment on donanemab. Donanemab's specificity to target deposited amyloid plaque informed the unique clinical trial design of TRAILBLAZER-ALZ, which allowed patients to complete their course of treatment when they reached a predefined level of amyloid plaque clearance. While the trial included more than 100 patients treated with donanemab, due to the speed of plaque reduction, many patients were able to stop dosing as early as 6 months of treatment, resulting in fewer than 100 patients receiving 12 months of donanemab. The FDA indicated that the data to meet the exposure expectation would likely need to include the unblinded controlled safety data from TRAILBLAZER-ALZ 2 upon completion. The safety profile of donanemab was initially reported from the TRAILBLAZER-ALZ trial in the New England Journal of Medicine. The safety profile of donanemab has remained consistent since our accelerated approval submission."
NARI

Hot Stocks

17:55 EST Inari Medical director sells $3.68M in common stock - In a regulatory filing, Inari Medical disclosed that its director William Hoffman sold 55K shares of common stock on January 17th in a total transaction size of $3.68M.
DHHC

Hot Stocks

17:54 EST DiamondHead Holdings chairman buys $2.52M in common stock - In a regulatory filing, DiamondHead Holdings disclosed that its chairman David Hamamoto bought 250K shares of common stock on January 17th in a total transaction size of $2.52M.
ATVI...

Hot Stocks

17:35 EST Sony announces additional games coming to PlayStation VR2 - Shawne Benson Director, Head of Portfolio, Global Third Party Relations for Sony (SONY) PlayStation blogged in part earlier on Thursday: " Back in November we revealed 11 titles coming to PlayStation VR2 in 2023, and today we're excited to not only reveal 13 more amazing games to the PS VR2 library, but also confirm titles expected to arrive within one month of the February 22 launch...We are currently tracking more than 30 games for the launch window through March , including titles from popular IP like Horizon Call of the Mountain, No Man's Sky, and Resident Evil Village. A free PS VR2 update for Gran Turismo 7 is also on track for launch day. The base package, including Sense controllers and stereo headphones is priced $550. Newly released titles include After the Fall, Altair Breaker, Before Your Eyes, Thumper and Creed: Rise to Glory. Publicly traded companies in the space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME), Nintendo (NTDOY), Take-Two (TTWO), Tencent (TCEHY) and Ubisoft (UBSFY). Reference Link
BGNE

Hot Stocks

17:32 EST BeiGene announces FDA approval of Brukinsa for CLL - BeiGene announced that the FDA has approved its Bruton's tyrosine kinase inhibitor, BTKi, Brukinsa for the treatment of adult patients with chronic lymphocytic leukemia, CLL, or small lymphocytic lymphoma, SLL. The U.S. approval is based on two global Phase 3 clinical trials demonstrating superior efficacy and a favorable safety profile for Brukinsa in CLL.
SKYH

Hot Stocks

17:11 EST Sky Harbour announces expansion of Dallas-area hangar campus - Sky Harbour Group announced that it has executed an agreement with the Town of Addison, Texas, approximately doubling Sky Harbour's footprint at Dallas's Addison Airport, ADS . Under the amended ADS lease, Sky Harbour's rentable square footage at ADS will grow to approximately 195,000. Sky Harbour campuses are open and operating at Houston's Sugar Land Regional Airport and Nashville International Airpor . Sky Harbour's Miami Opa-Locka Executive Airport campus is in Operational Certification testing, with opening planned for early February. Sky Harbour recently broke ground on new campuses at Denver Centennial Airport and Phoenix Deer Valley Airport .
RDFN...

Hot Stocks

17:04 EST Redfin: Median U.S. home-sale price increased 0.9% for four weeks ending Jan. 15 - The median U.S. home-sale price increased 0.9% from a year earlier to $350,250 during the four weeks ending January 15, the biggest increase in a month, according to a new report from Redfin (RDFN). Prices remain elevated because buyer activity has started to pick up as mortgage rates decline due to slowing inflation. Average mortgage rates dropped to 6.15% during the week ending January 19, their lowest level since September. Pending home sales fell 29% year over year-a significant decline, but the first sub-30% drop in three months. Mortgage-purchase applications rose 25% from the week before during the week ending January 13, a jump that's likely to lead to more pending sales in the coming months. As demand inches back, some homeowners are less reluctant to sell. New listings of homes for sale fell 20% year over year during the four weeks ending January 15-but that's the smallest decline in two months...Home-sale prices fell year over year in 18 of the 50 most populous U.S. metros during the four weeks ending January 15. By comparison, 20 metros saw a price decline during the prior four-week period and 11 metros saw price declines a month earlier. Other listed companies that may be impacted include Zillow (Z), RE/MAX Holdings (RMAX).
CMPX

Hot Stocks

17:03 EST Compass Therapeutics' CTX-009 demonstrates efficacy in Phase 2 trial - Compass Therapeutics will present data from a Phase 2 study of CTX-009 in combination with paclitaxel in patients with biliary tract cancers - BTC -. In primary analysis of all 24 patients, CTX-009 with paclitaxel demonstrated a 37.5% ORR based on 9 patients with Partial Responses. Of the 11 patients who had received one prior systemic therapy, 7 patients achieved a PR, leading to an ORR of 63.6% in this sub-group. After a median follow up of approximately 12 months, the median PFS was 9.4 months, and the median OS was 12.5 months. Safety and tolerability of CTX-009 in combination with paclitaxel remain consistent with previous studies. Grade 3 or greater TEAEs were reported in 95.8% of patients, including decreased neutrophil count - 83.3% -, hypertension - 16.7% -, anemia - 20.8% - and decreased platelet count - 12.5%- .Compass is enrolling patients in two clinical studies of CTX-009 in the U.S. and expects to report initial data from the colorectal study in the second half of this year.
LEVI

Hot Stocks

17:01 EST Levi Strauss appoints Jason Gowans Chief Digital Officer - Levi Strauss & Co. announced that Jason Gowans has been named senior VP and Chief Digital Officer for LS&Co., effective February 6. In this new role within the company, Gowans will be focused on bringing together LS&Co.'s engineering, data, AI and digital product management to spearhead digital efforts both for ecommerce and the digital go-to-market. He will report to Michelle Gass, president, LS&Co., and will sit on the executive leadership team. Gowans joins the company from Nordstrom, where he spent the past 10 years in a variety of marketing, data science and digital roles, serving most recently as senior vice president of Digital Commerce, leading the growth of Nordstrom's digital business on Nordstrom.com and NordstromRack.com.
MRTX

Hot Stocks

17:01 EST Mirati Therapeutics says FDA clears IND application of MRTX1133 - Mirati Therapeutics announced the U.S. Food and Drug Administration has cleared the Investigational New Drug application of MRTX1133, a potential first-in-class oral KRASG12D selective inhibitor for clinical evaluation. KRASG12D mutations impact approximately 180,000 patients in the US and Europe, representing approximately a 2.5-fold increase in prevalence compared to KRASG12C mutations. No targeted oncology treatment options currently exist for these patients. MRTX1133 is a highly potent investigational inhibitor of the KRASG12D driver mutation and demonstrated selective and reversible inhibition of KRASG12D in both its active and inactive states. In addition, MRTX1133 administration resulted in marked tumor response in preclinical KRASG12D mutated pancreatic cancer models as well as lung and colorectal cancer models. MRTX1133 has demonstrated favorable properties including a low risk for off-target activity and drug interactions and a predicted human half-life of greater than 50 hours. "The clearance by the FDA to initiate clinical evaluation of MRTX1133, the third program in our KRAS franchise to enter clinical development, is illustrative of the innovative approach to drug discovery and demonstrates the best-in-class capabilities of the Mirati team. This particular mutation has been difficult to target, and we are confident in our novel oral formulation strategy, which we believe will enable near-complete target inhibition over the full dosing interval," said James Christensen, Ph.D. chief scientific officer, Mirati Therapeutics, Inc. "We are thrilled to advance MRTX1133 into clinical development and the potential to positively impact people living with KRASG12D-mutated cancers."
SRCE

Hot Stocks

16:56 EST 1st Source reports Q4 net interest margin 3.69% vs. 3.09% y/y - Reports Q4 NII $71.5M vs. $60.1M y/y. Reports Q4 ROE 14.56% vs. 11.97% y/y.
FTK

Hot Stocks

16:55 EST Flotek chairman, CEO Gibson leaves to pursue other opportunities - Flotek Industries announced that Director Harsha V. Agadi will become interim Chief Executive Officer of Flotek, effective immediately. He succeeds John W. Gibson, Jr., who has transitioned out of the role of Chairman, President, and Chief Executive Officer to pursue other professional opportunities. In addition, Chief Operating Officer Ryan Ezell has been promoted to President and Independent Lead Director David Nierenberg has been appointed Chairman of the Board. The Board of Directors has commenced a search for the company's next Chief Executive Officer. Agadi said, "Since I joined the Flotek Board in 2020, I have witnessed the Company's growth that has brought us to this pivotal moment. I am excited to take on this role as we work to identify our next leader and look forward to working alongside David, Ryan, and our deeply talented Flotek colleagues to ensure a seamless transition to our next CEO. Flotek's potential is unlimited in this sector, and we are well-positioned to gain market share over the coming years."
MGNI

Hot Stocks

16:53 EST Magnite announces 6% global workforce reduction - In a regulatory filing, Magnite said, "On January 19, the company announced that it would be reducing its global workforce by approximately 6%. The reduction in force is primarily associated with the elimination of duplicative roles resulting from the integration of our CTV platforms and the realization of acquisition operating cost synergies, consistent with our previously announced integration plan following the acquisition of SpotX, Inc. in 2021."
RCEL

Hot Stocks

16:44 EST Avita Medical announces COO McGee leaving, CFO Holder to depart - Avita Medical announced changes to its management structure...To align with AVITA Medical's new operating structure, the following organizational changes will be effective January 19. Product development, operations, and regulatory affairs will report directly to the CEO. ..these organizational changes are designed to streamline AVITA Medical's operations in order to advance its strategic growth plans and drive sustained growth. As part of this transition, Chief Operating Officer, Kathy McGee, will be leaving the organization. The Company does not plan to replace the role of Chief Operating Officer. In addition to the aforementioned organizational changes, Chief Financial Officer, Michael Holder, has announced his departure, effective January 19 . The Company is initiating an external search for a new Chief Financial Officer with the capabilities and qualifications necessary to help accelerate its growth strategies. During this transition period, the Company's Senior Vice President of Finance, Sean Ekins, will serve as interim CFO.
RL

Hot Stocks

16:41 EST Ralph Lauren CEO sells $2.22M in common stock - In a regulatory filing, Ralph Lauren disclosed that its CEO Patrice Louvet sold 18.5K shares of common stock on January 18th in a total transaction size of $2.22M.
SIVB

Hot Stocks

16:39 EST SVB Financial sees FY23 net interest margin 1.75%-1.85%
JBL

Hot Stocks

16:39 EST Jabil exec Borges sells 18,525 common shares - In a regulatory filing, Jabil executive VP Steven Borges disclosed the sale of 18,525 common shares of the company on January 17 at a price of $78.52 per share.
SIVB

Hot Stocks

16:38 EST SVB Financial sees Q1 net interest margin 1.85%-1.95%
KALA

Hot Stocks

16:35 EST Kala Pharmaceuticals falls 10% to $15.90 after equity offering
UMH

Hot Stocks

16:34 EST UMH closes on Georgia acquisition of manufactured home community for $3.65M - UMH Properties announced that it closed on the acquisition of a manufactured home community located in Albany, Georgia, for a total purchase price of $3.65M through UMH's qualified opportunity zone fund. This brand-new community contains 118 developed homesites and is situated on approximately 26 acres.Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to announce the acquisition of Mighty Oak, a newly-developed manufactured housing community located in Albany, Georgia. This is our first community located in Georgia and it further expands our footprint in the Southeast. Several major corporations located nearby, such as Pratt Industries, Thrush Aircraft and Amadas Industries, have made or have announced plans to make significant new capital investments to their facilities, creating a growing workforce in Albany that needs quality affordable housing. We, therefore, plan to implement our rental home program in our community, which should result in rapid infill and strong returns.
ATRO

Hot Stocks

16:32 EST Astronics spikes over 13% higher after reporting preliminary Q4 revenue - Shares of global aerospace technology firm Astronics are up $1.36 per share or 13.15% to $11.70 after announcing preliminary fourth quarter sales to be in the range of $155M to $160M, exceeding the company's earlier guidance of $140M to $150M. The midpoint of the preliminary range represents a sequential increase in sales of 20% over the third quarter of 2022 and 35% increase over the comparator quarter of 2021. Preliminary bookings in the fourth quarter are expected be in the range of $175M to $180M.
ED

Hot Stocks

16:31 EST Consolidated Edison raises annual dividend to $3.24 from $3.16 per share - Consolidated Edison declared a quarterly dividend of 81c a share on its common stock, payable March 15 to stockholders of record as of February 15, an annualized increase of 8c over the previous annualized dividend of $3.16 a share.
GPOR

Hot Stocks

16:31 EST Gulfport Energy names John Reinhart as CEO - Gulfport Energy "named John Reinhart President, CEO and Director, effective January 24, 2023. Tim Cutt, who has served as CEO and Chairman since 2021, will retain his position of Chairman of the Board of Directors. Reinhart joins Gulfport with over two decades of oil and gas industry leadership experience. Most recently, he served as President and Chief Executive Officer of Montage Resources Corporation."
CYT

Hot Stocks

16:31 EST Cyteir Therapeutics announces prioritization of CYT-0851 development - Cyteir Therapeutics announced the strategic prioritization of clinical development of CYT-0851, an investigational monocarboxylate transporter inhibitor, as a potential combination therapy for the treatment of ovarian cancer. The prioritization follows encouraging preliminary clinical activity in a small number of patients observed in the Phase 1 dose escalation cohort with CYT-0851 in combination with capecitabine in advanced ovarian cancer. Cyteir plans to expand its evaluation of CYT-0851 in combination with capecitabine to treat advanced ovarian cancer and enroll additional patients in the first half of 2023 to further support these early signals. If successful, the combination of CYT-0851 with capecitabine has the potential to be an all-oral treatment for ovarian cancer. In conjunction with focusing clinical activities on ovarian cancer, Cyteir is reducing headcount by approximately 70% and deferring research and development in other areas, which is expected to extend Cyteir's cash runway into 2026. "We are encouraged by these early signals and believe that an initial focus on the combination of CYT-0851 and capecitabine represents the greatest likelihood of success and an opportunity to serve patients with advanced ovarian cancer that have a high unmet medical need. This combination, if successful, has the potential to be an all-oral treatment regimen for patients with platinum resistant ovarian cancer," said Markus Renschler, MD, Cyteir's President and CEO. "This strategic prioritization and the difficult decision to reduce our workforce is expected to extend our cash runway into 2026 and, if supported by the data and regulatory feedback, allows us to advance CYT-0851 into a potentially registrational trial as early as the second half of 2024. I personally would like to thank all of our dedicated employees and express my gratitude for their hard work in advancing our pipeline, and I wish them the best in the future."
SAVE

Hot Stocks

16:29 EST Spirit Airlines to sell 29 A319ceo aircraft for $152M-$201M - In a regulatory 8-K filing, the company states: "Spirit Airlines has entered into an agreement, dated January 13, 2023, to sell 29 unencumbered A319ceo aircraft powered with V2500 engines to Gryphon Trading Company, LLC, an affiliate of Gryphon Aviation Leasing, LLC, for an aggregate price ranging between approximately $152 million and $201 million, depending on price adjustments specified in the Agreement. Deliveries of the aircraft are anticipated to occur beginning in the first quarter 2023 through the end of the third quarter 2024. The company expects to remove 14 and 15 A319ceo aircraft from its operating fleet in 2023 and 2024, respectively. The remaining two A319ceo aircraft in the company's operating fleet, which are leased, are anticipated to be returned to the lessor upon lease expiration in 2025."
COST

Hot Stocks

16:19 EST Costco announces reauthorization of stock repurchase program of up to $4B - Costco Wholesale Corporation announced that its Board of Directors has reauthorized a common stock repurchase program of up to $4B. This program will expire in January 2027 and replaces the current $4B program, under which approximately $1.4B had been purchased. The Board of Directors also declared a quarterly cash dividend on Costco common stock of 90c per share. The dividend is payable February 17, 2023, to shareholders of record at the close of business on February 3, 2023.
ATRO

Hot Stocks

16:19 EST Astronics sees Q4 preliminary bookings at $175M-$180M
BBBY

Hot Stocks

16:17 EST Bed Bath & Beyond receives filing non-compliance notice from Nasdaq - Bed Bath & Beyond received a notice from Nasdaq stating that the company is not in compliance with the requirements for continued listing because the company has not yet filed its Quarterly Report on Form 10-Q for the period ended November 26, 2022 with the SEC. The notice has no immediate effect on the listing or trading of the company's common stock on Nasdaq. The company has 60 calendar days from the date of the notice, or until March 13, to submit a plan to regain compliance. If Nasdaq accepts the company's plan, then Nasdaq may grant the company up to 180 calendar days, or July 10, to file the Quarterly Report to regain compliance. The company plans to file its quarterly report as promptly as possible to regain compliance.
ARCC

Hot Stocks

16:16 EST Ares Capital names Jana Markowicz as Chief Operating Officer - Ares Capita "announced that Jana Markowicz was appointed as its Chief Operating Officer. In this newly created role, Ms. Markowicz will also serve as COO of Ares Management's U.S. Direct Lending strategy where she will collaborate with the U.S. Direct Lending Co-Heads and Investment Committee members in the management of the team and strategy."
JWN

Hot Stocks

16:14 EST Nordstrom falls 7% to $16.27 after cutting FY22 outlook
SPFI

Hot Stocks

16:11 EST South Plains Financial increases quarterly dividend 8% - South Plains Financial announced that its board has declared a quarterly cash dividend of 13c per share of common stock, an 8% increase from the most recent quarterly cash dividend declared in October 2022 . The dividend is payable on February 13 to shareholders of record as of the close of business on January 30.
JWN

Hot Stocks

16:11 EST Nordstrom cuts FY22 EBIT margin view to 2.8%-3.1% from 4.1%-4.4% - Reflecting lower than expected gross margin as the company took additional markdowns to finish the year in a healthy inventory position; SG&A expenses continue to reflect progress on the company's supply chain optimization initiatives and ongoing expense discipline. Sees FY22: Adjusted EBIT margin of 3.1%-3.3%, compared with its prior outlook of 4.3%-4.7%. Income tax rate in line with its previously issued outlook of approximately 27%. Leverage ratio slightly above 3.0 times by year-end, compared with its prior outlook of below 2.9 times.
NFLX

Hot Stocks

16:10 EST Netflix completes succession process, Hastings now Executive Chairman - The company said: "To complete our succession process, Reed Hastings has become Executive Chairman, and Greg Peters has stepped up from COO to become Ted Sarandos' co-CEO, and a member of the Netflix board. Reed, Greg, and Ted have been working closely together for 15 years, and this makes formal externally how we have been operating internally." Ted said: "I want to thank Reed for his visionary leadership, mentorship and friendship over the last 20 years. We've all learned so much from his intellectual rigor, honesty and willingness to take big bets - and we look forward to working with him for many more years to come. Since Reed started to delegate management to us, Greg and I have built a strong operating model based on our shared values and like-minded approach to growth. I am so excited to start this new chapter with Greg as co-CEO."
TMUS

Hot Stocks

16:10 EST T-Mobile says it may incur 'significant expenses' over cyber incident - In a regulatory filing, T-Mobile said, "On January 5, 2023, T-Mobile US, Inc. identified that a bad actor was obtaining data through a single Application Programming Interface without authorization. We promptly commenced an investigation with external cybersecurity experts and within a day of learning of the malicious activity, we were able to trace the source of the malicious activity and stop it. Our investigation is still ongoing, but the malicious activity appears to be fully contained at this time, and there is currently no evidence that the bad actor was able to breach or compromise our systems or our network. Our systems and policies prevented the most sensitive types of customer information from being accessed, and as a result, based on our investigation to date, customer accounts and finances were not put at risk directly by this event. The API abused by the bad actor does not provide access to any customer payment card information (PCI), social security numbers/tax IDs, driver's license or other government ID numbers, passwords/PINs or other financial account information, so none of this information was exposed. Rather, the impacted API is only able to provide a limited set of customer account data, including name, billing address, email, phone number, date of birth, T-Mobile account number and information such as the number of lines on the account and plan features. The preliminary result from our investigation indicates that the bad actor(s) obtained data from this API for approximately 37 million current postpaid and prepaid customer accounts, though many of these accounts did not include the full data set. We currently believe that the bad actor first retrieved data through the impacted API starting on or around November 25, 2022. We are continuing to diligently investigate the unauthorized activity. In addition, we have notified certain federal agencies about the incident, and we are concurrently working with law enforcement. Additionally, we have begun notifying customers whose information may have been obtained by the bad actor in accordance with applicable state and federal requirements. As we have previously disclosed, in 2021, we commenced a substantial multi-year investment working with leading external cybersecurity experts to enhance our cybersecurity capabilities and transform our approach to cybersecurity. We have made substantial progress to date, and protecting our customers' data remains a top priority. We will continue to make substantial investments to strengthen our cybersecurity program. We may incur significant expenses in connection with this incident. Although we are unable to predict the full impact of this incident on customer behavior in the future, including whether a change in our customers' behavior could negatively impact our results of operations on an ongoing basis, we presently do not expect that it will have a material effect on the Company's operations."
NFLX

Hot Stocks

16:10 EST Netflix: Bela Bajaria becomes chief content officer - Bela Bajaria, formerly Head of Global TV, has become Chief Content Officer and Scott Stuber has become Chairman of Netflix Film.
OPNT

Hot Stocks

16:09 EST Opiant announces FDA acceptance, priority review of NDA of OPNT003 - Opiant Pharmaceuticals announced that the U.S. Food and Drug Administration, FDA, has accepted for review the New Drug Application, NDA, for OPNT003, nasal nalmefene, Opiant's product candidate for the treatment of opioid overdose. "We are delighted to announce that the FDA has accepted Opiant's NDA for OPNT003 for filing and designated it priority review status," said Roger Crystal, M.D., President and CEO of Opiant. "The acceptance of the OPNT003 NDA filing is an important milestone as it brings us one step closer to the potential approval and U.S. commercial launch of OPNT003. We believe the data supporting this NDA indicates that OPNT003 can potentially offer first responders and communities an important treatment option in tackling the very serious opioid overdose crisis. We look forward to working with the FDA during the review process."
SWIM

Hot Stocks

16:08 EST Latham Group CFO Robert Masson to step down - Latham Group announced that Robert Masson will step down as the company's CFO for family reasons, effective March 17. Latham has initiated an external search process for a new CFO. Mark Borseth, who previously served as Latham's CFO from February 2020 to July 2022, will rejoin Latham as a strategic advisor effective February 13. On March 18, Borseth will become the interim CFO until a successor has been named.
BIOR

Hot Stocks

16:08 EST Biora Therapeutics presents data from its PM-611 study - Biora Therapeutics presented detailed results from its PM-611 study titled "Potential effects of food on a novel Drug Delivery System, DDS, to deliver therapeutic compound into the colon" during the Crohn's & Colitis Congress in Denver, CO, being held January 19-21, 2023. "These final results indicate that our PGN-600 platform is potentially the first ingestible therapeutic delivery device to not require fasting or other food restriction for use," said Adi Mohanty, Chief Executive Officer of Biora Therapeutics. "As we progress toward our IND filing during the first half of this year, we look forward to the significant impact this program could have on patient care for ulcerative colitis and other serious diseases." The PM-611 study included multiple dosage events, with healthy volunteers ingesting four devices with four different fasting/fed scheduled over four weeks. A total of 46 devices were ingested by 12 participants. All devices were safely ingested and exited the body naturally, with no serious adverse events reported. With the completion of three successful device function studies in humans for its PGN-600 program focused on treatment of ulcerative colitis, Biora remains on track for an IND filing during the first half of 2023, followed by clinical trial initiation.
NFLX

Hot Stocks

16:08 EST Netflix sees resuming share buyback program in 2023
NFLX

Hot Stocks

16:07 EST Netflix sees operating margin up in FY23 vs. FY22 - The company said: "We have been targeting a FY23 operating margin of 19%-20% based on F/X rates at the beginning of 2022. We now expect to deliver roughly 21%-22% operating margin on this basis (above the 19%-20% range). Rolling forward to F/X rates as of January 1, 2023, this translates into a FY23 operating margin target of 18%-20%. For Q1'23, we expect operating margin to be down year over year (20% vs. 25%) due primarily to the timing of content spend." Netflix also said: "Our long term financial objectives remain unchanged - sustain double digit revenue growth, expand operating margin and deliver growing positive free cash flow. For the full year 2023, as we continue to improve our service, grow our advertising business and launch paid sharing, we expect constant currency revenue growth to accelerate over the course of the year. We also expect year over year operating profit growth and operating margin expansion for the full year (assuming no material swings in F/X)."
JWN

Hot Stocks

16:06 EST Nordstrom reports holiday sales down 3.5% - Nordstrom announced a net sales decrease of 3.5% for the nine-week holiday period ended December 31, 2022, compared with the nine weeks ended January 1, 2022. For the Nordstrom banner, net sales decreased 1.7%, while net sales at the Nordstrom Rack banner decreased 7.6%. "The holiday season was highly promotional, and sales were softer than pre-pandemic levels. While we continue to see greater resilience in our higher income cohorts, it is clear that consumers are being more selective with their spending given the broader macro environment," said Erik Nordstrom, chief executive officer of Nordstrom, Inc. "Still, our team executed well, and we enter 2023 in a stronger position as we prioritized starting the new fiscal year with clean inventory levels, even if this required more markdowns than planned." The company took additional markdowns in order to finish the year in a healthy and current inventory position. The company expects year-end inventory levels to be down by a double-digit percentage compared with last year, and roughly at 2019 levels. "Having a healthier inventory level and mix positions us well to react quickly to changing consumer demand," said Pete Nordstrom, president and chief brand officer of Nordstrom, Inc. "Given the continued uncertain environment, we remain focused on executing with flexibility and agility, including conservative buy plans and faster inventory turns. We continue to enhance our customer experience with our Closer to You strategy, which links our digital and physical assets. Additionally, we are further optimizing our supply chain to improve the customer experience and expense efficiency, and we expect these initiatives will continue to deliver significant benefits in 2023."
CALM

Hot Stocks

16:06 EST Cal-Maine Foods in partnership with Entegrity to install solar array - Cal-Maine Foods "announced a partnership with Entegrity Energy Partners, an energy services, sustainability, and solar development provider. Given the expanding opportunities for solar investments, Cal-Maine Foods has engaged Entegrity to install a 4.15 megawatt, direct-current solar array at the Company's egg production and processing operation in Searcy, Arkansas. The 28-acre solar array is projected to offset approximately 91% of the facility's current electrical usage and expected to enhance the Company's energy self-sufficiency and lessen the Searcy location's reliance on the electrical grid and reduce greenhouse gas emissions. Pending approval from the Arkansas Public Service Commission, Entegrity is expected to begin construction during the second quarter of 2023."
NFLX

Hot Stocks

16:06 EST Netflix sees Q1 revenue growth 4%, or 8% on FX neutral basis - Consensus is $8.15B. The company said: "We expect our F/X neutral revenue growth to be driven by a combination of year over year growth in average paid memberships and ARM. This translates into modest positive paid net adds in Q1 '23 (vs. paid net adds of -0.2M in Q1'22). Our expectation of fewer paid net adds in Q1'23 vs. Q4'22 is consistent with normal seasonality and factors in our strong member growth in Q4'22, which likely pulled forward some growth from Q1'23. In addition, we expect to roll out paid sharing more broadly later in Q1'23. We anticipate that this will result in a very different quarterly paid net adds pattern in 2023, with paid net adds likely to be greater in Q2'23 than in Q1'23."
SPT

Hot Stocks

16:05 EST Sprout Social acquires Repustate - Sprout Social announced the acquisition of Repustate, an innovative sentiment analysis and natural language processing company. Through this acquisition, Sprout will increase the power, breadth and automation of social listening, messaging and customer care capabilities with added sentiment analysis, natural language processing and artificial-intelligence.
NFLX

Hot Stocks

16:05 EST Netflix up 8% in after-hours following Q4 earnings report - Shares of Netflix are up $25.98, or 8%, to $341.76 in after-hours trading after the company reported Q4 results that included better-than-expected streaming paid net additions.
NFLX

Hot Stocks

16:04 EST Netflix reports Q4 global streaming paid net additions 7.66M - Reports Q4 total global streaming paid memberships 230.8M.
NFLX

Hot Stocks

16:04 EST Netflix sees at least $3B of free cash flow in 2023
SMG

Hot Stocks

16:04 EST Scotts Miracle-Gro CEO sells $3.0M in common stock - In a regulatory filing, Scotts Miracle-Gro disclosed that its CEO James Hagedorn sold 50K shares of common stock on January 17th in a total transaction size of $3.0M.
TXN

Hot Stocks

16:04 EST Texas Instruments names Haviv Ilan as next CEO, effective April 1 - Texas Instruments said that its board of directors has selected Haviv Ilan to become the company's next president and CEO, effective April 1. Ilan, a 24-year veteran of TI, succeeds current CEO and president, Rich Templeton, who will transition out of these roles over the next two months but will remain the company's chairman. The transition is a well-planned succession that follows Ilan's promotion to senior vice president in 2014, executive vice president and chief operating officer in 2020 and election to the board of directors in 2021.
NFLX

Hot Stocks

16:03 EST Netflix: Finished 2022 with 231M paid memberships - Netflix said: "For 2022, we finished with 231M paid memberships and generated $32B of revenue, $5.6B in operating income, $2.0B of net cash from operating activities and $1.6B of free cash flow."
NFLX

Hot Stocks

16:03 EST Netflix completes succession process, Hastings now Executive Chairman
NFLX

Hot Stocks

16:01 EST Netflix: Greg Peters, Ted Sarandos become co-CEOs
NFLX

Hot Stocks

16:01 EST Netflix: Reed Hastings becomes executive chairman
AMZN...

Hot Stocks

15:50 EST Amazon raising prices for Music subscription plans - Amazon (AMZN) stated: "To help us bring you even more content and features, we're updating the prices of select Amazon Music Unlimited plans. The Amazon Music Unlimited Individual Plan is changing from $9.99 to $10.99 per month. The Amazon Music Unlimited Student Plan is changing from $4.99 to $5.99 per month. The updated pricing starts on February 21, 2023." Amazon Music competes with offerings from Apple (AAPL) and Spotify (SPOT), among others. Reference Link
LAW

Hot Stocks

15:09 EST CS Disco to reduce workforce by 9% - In a regulatory filing earlier, CS Disco disclosed that on January 19, the company committed to a plan to reduce its workforce by approximately 62 employees, representing approximately 9% of the company's current global workforce. "The plan was based on cost-reduction initiatives intended to reduce the company's cost structure and accelerate its path to profitability. The company estimates that it will incur non-recurring charges of approximately $0.9 million to $1.1 million in connection with the plan, consisting of cash expenditures primarily for employee severance and other termination benefits. The company expects that the majority of these charges will be incurred in the first quarter of 2023. The charges that the company expects to incur are subject to a number of assumptions, including local law requirements in various jurisdictions. Actual expenses may differ from such estimates," the filing stated.
JBHT

Hot Stocks

14:33 EST J.B. Hunt raises quarterly dividend 5% to 42c per share - J.B. Hunt Transport Services announced that its board of directors has declared a regular quarterly dividend on its common stock of 42c per common share, which is a 5% increase over the previous quarterly dividend. The dividend is payable to stockholders of record on February 10 and will be paid on February 24, the company stated.
SGEN

Hot Stocks

14:21 EST Seagen announces FDA accelerated approval of TUKYSA-trastuzumab combo - Seagen announced that the U.S. Food and Drug Administration has granted accelerated approval to TUKYSA in combination with trastuzumab for adult patients with RAS wild-type, HER2-positive unresectable or metastatic colorectal cancer that has progressed following treatment with fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy. TUKYSA is approved under the FDA's Accelerated Approval Program based on tumor response rate and durability of response from the phase 2 MOUNTAINEER clinical trial. Continued approval for this indication may be contingent upon verification and description of clinical benefit in confirmatory trials. This is the first FDA-approved treatment in HER2-positive metastatic colorectal cancer. The FDA previously granted Breakthrough Therapy Designation and Priority Review for TUKYSA in this setting. "Historically, patients with HER2-positive metastatic colorectal cancer who have progressed following frontline therapy have had poor outcomes," said John Strickler, M.D., associate professor of medicine, Duke University Medical Center, and lead investigator for the MOUNTAINEER trial. "The FDA approval of a chemotherapy-free combination regimen that specifically targets HER2 is great news for these patients."
WEC

Hot Stocks

14:19 EST WEC Energy raises quarterly dividend 7.2% to 78c per share - The board of directors of WEC Energy Group declared a quarterly cash dividend of 78c per share on the company's common stock, an increase of 7.2% over the current quarterly dividend of 72.75c per share. This raises the annual dividend rate to $3.12 per share. The higher dividend is payable March 1, 2023, to stockholders of record on Feb. 14, 2023. This marks the 322nd consecutive quarter - dating back to 1942 - that the company will have paid a dividend to its stockholders. "With today's action by our board, 2023 will be the twentieth consecutive year of dividend increases for our stockholders," said Gale Klappa, executive chairman. "We continue to target a dividend payout of 65 to 70 percent of earnings."
KKR

Hot Stocks

13:40 EST KKR says KREST received repurchase requests for 8.1% of fund's NAV in Q1 - In a regulatory filing earlier, KKR stated: Thank you for your support of KKR Real Estate Select Trust Inc., or "KREST," and for entrusting us with your clients' capital. KREST seeks to provide investors with access to the potential benefits of income-oriented real estate equity and credit in a single fund. As market conditions have evolved and continue to evolve, we remain focused on optimizing the Fund's portfolio across high-quality, income-oriented real estate equity and credit exposures to seek to deliver upon our objectives and provide investors with a resilient and attractive yield and total return and a level of downside protection across a wide range of market environments. Amid an uncertain market environment, KREST delivered an 8.32% net total return for 2022 - Class I - while generating an annualized net distribution rate of 5.13% as of December 31, 2022. Within KREST, we are balancing providing access to private real estate, which is an illiquid asset class, with the recognition and understanding that the optionality for a level of regular liquidity is an important feature for KREST shareholders. To facilitate a level of liquidity and as described in the Fund's prospectus and offer to repurchase, KREST has historically conducted, and intends to continue, quarterly tender offers to repurchase up to 5% of net asset value, or "NAV," of the Fund's outstanding Common Stock, with such tender offers being made at the sole discretion of KREST's Board of Directors. KREST's liquidity provisions are designed both to prevent a liquidity mismatch and to maximize long-term shareholder value. For the Fund's Q1 2023 tender offer period ending January 13, 2023, KREST received repurchase requests of $128 million, or 8.1%, of the Fund's aggregate NAV as of December 1, 2022. While this is elevated relative to prior tender offer periods, KREST has continued to benefit from strong fundraising momentum, with $946.5 million of subscriptions in 2022, including $141.7 million during the 4th quarter. This quarter, KREST repurchased Common Stock equating to 5% of NAV, or $79.3 million. Accordingly, redemption requests were fulfilled at a prorated amount equal to 62% of each shareholder's Q1 2023 tender request. Unfulfilled tender requests will not be carried over to the next quarter automatically. Investors will need to resubmit any unsatisfied portion of their Q1 2023 tender request for repurchase in the future. We believe that KREST has a strong liquidity position, with liquid holdings representing 36% of NAV as of December 31, 2022 across assets such as cash, cash-equivalents and liquid securities, as well as committed and unfunded credit facility capacity. We believe that maintaining a robust liquidity position is a critical component of optimal portfolio construction, particularly in more uncertain market environments such as today's. We expect that our robust, multifaceted approach to liquidity should continue to allow KREST to repurchase Common Stock equating to 5% of NAV during quarterly tender offer periods without any negative impact to portfolio construction, such as being required to exit real estate equity or credit positions at suboptimal or inopportune times. We believe KREST is well-positioned for today's market environment as we seek to continue to deliver upon our objectives for your clients." Reference Link
BMO

Hot Stocks

13:19 EST BMO, Los Angeles Football Club announce naming rights partnership - The Los Angeles Football Club and BMO announced a naming rights partnership. On January 19, 2023, the home of LAFC will be renamed BMO Stadium. Located in the heart of Los Angeles, BMO Stadium will continue to be the home of the 2022 MLS Cup and Supporters' Shield Champions LAFC, the National Women's Soccer League's Angel City Football Club and host to numerous top-level marquee concerts and events.
BMO

Hot Stocks

13:18 EST BMO joins Angel City Football Club as founding partner - Angel City Football Club announced that BMO has joined the ACFC family as a Founding Partner. The announcement coincides with BMO announcing it secured the naming rights to Angel City's home stadium now called BMO Stadium. Angel City will kick off its season at BMO Stadium in downtown Los Angeles in late March 2023.
GRIL

Hot Stocks

13:02 EST Pokemoto signs franchise agreement with Tanger Outlets at Foxwoods - Pokemoto announced that it has signed a franchise agreement to open a Pokemoto in Tanger Outlets at Foxwoods in Mashantucket, Connecticut. This new agreement will account for nineteen Pokemoto locations in the Connecticut market, once open, and the 57th franchise agreement signed for the company.
NRGV

Hot Stocks

12:00 EST Energy Vault falls -12.7% - Energy Vault is down -12.7%, or -61c to $4.19.
IIIN

Hot Stocks

12:00 EST Insteel falls -13.6% - Insteel is down -13.6%, or -$4.22 to $26.81.
IIPR

Hot Stocks

12:00 EST Innovative Industrial Properties falls -15.9% - Innovative Industrial Properties is down -15.9%, or -$17.61 to $93.27.
HUYA

Hot Stocks

12:00 EST Huya rises 8.2% - Huya is up 8.2%, or 39c to $5.13.
SOXS

Hot Stocks

12:00 EST Direxion Daily Semiconductor Bear 3X Shares rises 9.1% - Direxion Daily Semiconductor Bear 3X Shares is up 9.1%, or $2.60 to $31.31.
EDU

Hot Stocks

12:00 EST New Oriental Education rises 9.7% - New Oriental Education is up 9.7%, or $3.97 to $44.74.
PLTK

Hot Stocks

11:38 EST Playtika raises bid to buy Rovio Entertainment to EUR 9.05 per share - Playtika announced it submitted a revised proposal to the Board of Directors of Rovio Entertainment Corporation to acquire Rovio for EUR 9.05 per share in cash. "The non-binding proposal, which is not subject to any financing conditions, was submitted to the Rovio Board of Directors on January 19, 2023, and represents an improvement over an initial EUR 8.50 per share proposal submitted November 16, 2022. The proposal is subject to customary conditions, including without limitation satisfactory completion of due diligence and recommendation of the Rovio Board of Directors. At the present time, no agreement has been entered into between Playtika and Rovio and there is no assurance that any transaction will materialize or eventually be completed," the company stated. "We firmly believe the combination of Rovio's renowned IP and scale of its user base, together with our best-in-class monetization and game operations capabilities, will create tremendous value for our shareholders," added Playtika CEO Robert Antokol.
JEF

Hot Stocks

11:11 EST Leucadia Asset Management to acquire minority interest in StemPoint Capital - StemPoint Capital announced that it has entered into a strategic relationship with Leucadia Asset Management, a division of Jefferies Financial Group. In connection with the transaction, Leucadia Asset Management will acquire a minority economic interest in StemPoint.
DAKT

Hot Stocks

11:03 EST Alta Fox sends letter to Daktronics' directors urging leadership transition - Alta Fox Capital Management, which owns about 4% of Daktronics' outstanding common shares, sent a letter to Daktronics' independent directors, urging them to immediately announce an orderly leadership transition. The letter says in part: "The purpose of this letter is to inform you that Alta Fox will no longer wait for a substantive response to the month-old proposal we made pertaining to governance enhancements and a financing solution. Your silence leads us to believe you are either unable or unwilling to make the difficult - albeit necessary - decision to move on from both Chairman and CEO Reece Kurtenbach and CFO Sheila Anderson. As such, we intend to make the market aware of the following: Over the past month, despite the Company's dire situation, we have not received a single mark-up to the term sheet from the Company. Meanwhile, the Company has hired a chorus of advisors while its cash balance dwindles... Daktronics makes great products and has incredible talent throughout the organization. We saw firsthand the many South Dakota employees who have worked hard to be at the cutting edge of their industry. It is very unfortunate that many of these employees have seen their retirement investments in Daktronics decline over a 20-year period due to seemingly incompetent leadership. We have run out of patience. Short of you informing us that Mr. Kurtenbach and Ms. Anderson will be transitioning out of their current executive roles, we intend to take our case to shareholders over the coming weeks and months. It is regrettable that you have forced us to take this step and, in turn, make other market participants aware of the Kurtenbach-driven damage caused at Daktronics. We simply hope the damage is not irreversible."
MSTR...

Hot Stocks

10:25 EST SEC charges Samuel Bankman-Fried with defrauding investors in FTX - The Securities and Exchange Commission charged Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX Trading, the crypto trading platform of which he was the CEO and co-founder. Investigations as to other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing. The agency said, "According to the SEC's complaint, since at least May 2019, FTX, based in The Bahamas, raised more than $1.8B from equity investors, including approximately $1.1B from approximately 90 U.S.-based investors. In his representations to investors, Bankman-Fried promoted FTX as a safe, responsible crypto asset trading platform, specifically touting FTX's sophisticated, automated risk measures to protect customer assets. The complaint alleges that, in reality, Bankman-Fried orchestrated a years-long fraud to conceal from FTX's investors the undisclosed diversion of FTX customers' funds to Alameda Research LLC, his privately-held crypto hedge fund; the undisclosed special treatment afforded to Alameda on the FTX platform, including providing Alameda with a virtually unlimited "line of credit" funded by the platform's customers and exempting Alameda from certain key FTX risk mitigation measures; and undisclosed risk stemming from FTX's exposure to Alameda's significant holdings of overvalued, illiquid assets such as FTX-affiliated tokens. The complaint further alleges that Bankman-Fried used commingled FTX customers' funds at Alameda to make undisclosed venture investments, lavish real estate purchases, and large political donations." The SEC's complaint seeks injunctions against future securities law violations; an injunction that prohibits Bankman-Fried from participating in the issuance, purchase, offer, or sale of any securities, except for his own personal account; disgorgement of his ill-gotten gains; a civil penalty; and an officer and director bar. In parallel actions, the U.S. Attorney's Office for the Southern District of New York and the Commodity Futures Trading Commission announced charges against Bankman-Fried. Publicly traded companies in the crypto space include Bit Digital (BTBT), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), Marathon Digital (MARA), MicroStrategy (MSTR), Riot Blockchain (RIOT), Stronghold Digital Mining (SDIG) and TeraWulf (WULF). Reference Link
ALPMY

Hot Stocks

10:07 EST Astellas Pharma to present findings from Phase 3 SPOTLIGHT trial - Astellas Pharma will present detailed results from the Phase 3 SPOTLIGHT trial evaluating first-line treatment with zolbetuximab, an investigational first-in-class Claudin 18.2 targeted monoclonal antibody, plus mFOLFOX6 versus placebo plus mFOLFOX6 in patients with CLDN18.2-positive, HER2-negative, locally advanced unresectable or metastatic gastric or gastroesophageal junction adenocarcinoma.In the study, investigational treatment zolbetuximab plus mFOLFOX6 demonstrated statistically significant improvements in progression-free survival and overall survival compared to placebo plus mFOLFOX6. Specifically, zolbetuximab plus mFOLFOX6 reduced the risk of progression or death by 24.9% compared to placebo plus mFOLFOX6, meeting SPOTLIGHT's primary endpoint. Median PFS was 10.61 months in the treatment arm and 8.67 months in the placebo arm. The study also showed that zolbetuximab plus mFOLFOX6 significantly prolonged OS, reducing the risk of death by 25.0%. Median OS was 18.23 months and 15.54 months for the treatment arm and placebo arm, respectively. The incidence of serious treatment-emergent adverse events was similar between both arms and consistent with previous studies. The most frequent TEAEs in the SPOTLIGHT study were nausea, vomiting and decreased appetite.
BLBD

Hot Stocks

10:01 EST Blue Bird partners with Gregory Poole Bus Sales & Service for South Carolina - Blue Bird has welcomed a new dealer to serve its bus customers in South Carolina. Gregory Poole Bus Sales & Service will now sell and service the full line of Blue Bird and Micro Bird buses in the Palmetto State. Gregory Poole is a third-generation, family-owned business which started to offer Blue Bird buses in North Carolina in 2011.
GRRR

Hot Stocks

10:00 EST Gorilla Technology Group Inc trading resumes
COMP

Hot Stocks

10:00 EST Compass falls -9.7% - Compass is down -9.7%, or -34c to $3.14.
IIPR

Hot Stocks

10:00 EST Innovative Industrial Properties falls -13.3% - Innovative Industrial Properties is down -13.3%, or -$14.77 to $96.11.
UFI

Hot Stocks

10:00 EST Unifi falls -15.6% - Unifi is down -15.6%, or -$1.39 to $7.51.
CMA

Hot Stocks

10:00 EST Comerica rises 7.9% - Comerica is up 7.9%, or $5.21 to $71.16.
YMM

Hot Stocks

10:00 EST Full Truck Alliance rises 9.4% - Full Truck Alliance is up 9.4%, or 81c to $9.47.
EDU

Hot Stocks

10:00 EST New Oriental Education rises 9.9% - New Oriental Education is up 9.9%, or $4.02 to $44.79.
LNVGY

Hot Stocks

09:57 EST Lenovo commits to net-zero emissions by 2050 - Lenovo announced its goal to reach net-zero greenhouse gas emissions by 2050, validated and approved by the Science Based Targets initiative, a partnership between the UN Global Compact, CDP and World Wide Fund for Nature.
THG

Hot Stocks

09:52 EST The Hanover estimates Q4 catastrophe losses of $190M before taxes - The Hanover Insurance Group announced a preliminary estimate for fourth quarter catastrophe losses of approximately $190M, before taxes, or 13.9 points of net earned premiums. The estimate is approximately $137M above the company's pre-tax fourth quarter catastrophe assumption, driven by the effects of Winter Storm Elliott, which accounted for approximately $165M, before taxes, of overall catastrophe losses in the quarter and primarily impacted the company's core commercial business. "We have a robust track record of successful catastrophe exposure management, risk modeling and portfolio diversification initiatives, as demonstrated by our relatively low catastrophe losses from hurricanes and other traditional perils in the recent years. And, we are confident in our ability to address winter weather and water-related events through pricing, risk management and other innovative tools effectively," said CEO John Roche. "Looking beyond catastrophes, we successfully advanced our action plans towards recapturing target margins in property lines, achieving double digit renewal price increases in all three business segments in the fourth quarter." The Hanover expects its fourth quarter combined ratio, excluding catastrophes, to be 94.1%. As a result, the company expects its full year combined ratio, excluding catastrophes, to be 92.1%, consistent with the outlook range of 92.0% to 92.5% provided on its third quarter earnings call. Taking this and other currently available information into account, The Hanover expects to report an after-tax net loss per share of $0.33 and operating loss per share of $1.05 for the fourth quarter.
NUZE

Hot Stocks

09:52 EST NuZee trading resumes
GRRR

Hot Stocks

09:50 EST Gorilla Technology Group Inc trading halted, volatility trading pause
HRT

Hot Stocks

09:47 EST HireRight falls -8.9% - HireRight is down -8.9%, or -$1.03 to $10.60.
UFI

Hot Stocks

09:47 EST Unifi falls -12.7% - Unifi is down -12.7%, or -$1.13 to $7.77.
IIPR

Hot Stocks

09:47 EST Innovative Industrial Properties falls -13.3% - Innovative Industrial Properties is down -13.3%, or -$14.72 to $96.16.
CODI

Hot Stocks

09:47 EST Compass Diversified rises 4.2% - Compass Diversified is up 4.2%, or 86c to $21.28.
NUZE

Hot Stocks

09:47 EST NuZee trading halted, volatility trading pause
CHGG

Hot Stocks

09:47 EST Chegg rises 4.4% - Chegg is up 4.4%, or 89c to $21.27.
EDU

Hot Stocks

09:47 EST New Oriental Education rises 6.5% - New Oriental Education is up 6.5%, or $2.63 to $43.40.
GHC

Hot Stocks

09:46 EST Graham Holdings raises quarterly dividend to $1.65 from $1.58 per share - Payable on February 16 to shareholders of record on February 2.
AMTD HKD

Hot Stocks

09:46 EST AMTD IDEA Group enters long-term partnership with The Sandbox - AMTD IDEA Group (AMTD), through its subsidiaries AMTD Digital Inc. (HKD), L'Officiel SAS Inc, announced a long term partnership with The Sandbox towards creating a comprehensive cultural and fashion proposition for the metaverse-based platform. L'Officiel will launch a brand-new gaming experience in The Sandbox in March 2023. The AMTD L'OFFICIEL LAND will become AMTD L'Officiel fashion and culture hub accessible by all The Sandbox players, part of the game's new season. This long term collaboration will lead to the creation of a disruptive fashion gaming experience.The partnership aims at structuring a long term vision in Web3 for AMTD group companies and enable its global fashion community around the world to experience fashion and culture in a new format.
GE

Hot Stocks

09:43 EST GE Aerospace, Cargolux enter long term GE9X, GEnx agreements - GE Aerospace & Cargolux announce that they have entered into a long-term support agreement for the GE9X powering Cargolux's new fleet of Boeing 777-8 freighters. The agreement includes a multi-year GE TrueChoice service agreement as well as the order of two spare engines. A TrueChoice services extension has also been agreed for Cargolux's fleet of Boeing 747-8F fleet powered by GEnx-2B engines. "We are proud that Cargolux continues to choose GE Aerospace to power its modern, highly-efficient cargo fleet," said Russell Stokes, President and CEO, Commercial Engines and Services for GE. "Our focus remains to provide Cargolux with outstanding engines like the GE9X in terms of technology and performance, as well as world-class support."
LTH

Hot Stocks

09:43 EST Life Time Group invests $800,000 into squash complex - Life Time has upgraded its racquet sports experience at Life Time City Centre with an $800,000 investment into a new squash complex. The new area features five additional courts, including an all-glass court with stadium seating available for events and large-scale squash tournaments. The existing four squash courts have also been renovated for a total of nine.Life Time City Centre will host its first large-scale squash tournament in February: The U.S. Squash Junior Championship Tournament. Approximately 300 elite junior players are expected to participate. Many additional squash tournaments are planned. The space has been outfitted with live-streaming technology for events.
ADXS AYLA

Hot Stocks

09:40 EST Advaxis, Ayala Pharmaceuticals complete merger - Advaxis (ADXS) announced the completion of a previously announced merger with Ayala Pharmaceuticals (AYLA), a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare tumors and aggressive cancers. While the stock will continue to trade on OTC under the symbol ADXS, the merged company will operate under the name Ayala Pharmaceuticals. The merged company will be focused primarily on the development and commercialization of Ayala's lead program AL102 for the treatment of desmoid tumors. As previously disclosed, the company is seeking to uplist to Nasdaq in the near future, but there is no guarantee that this effort will be successful. Kenneth Berlin, President and CEO of Advaxis, will be President, CEO and a Director of the company; Andres Gutierrez, M.D., Ph.D., will be the CMO; and Igor Gitelman will be the Interim CFO. The board of directors consists of David Sidransky, M.D., as chairman, Roni Appel, Samir Khleif, M.D., Vered Bisker-Leib, M.D., Murray A. Goldberg, Robert Spiegel, M.D., and Ken Berlin.
PG

Hot Stocks

09:36 EST Procter & Gamble says 'on track' to deliver FY23 guidance - Says volume shares "holding globally." Seeing acceleration of volume share in U.S. Says U.S. consumer "steady." Says seeing "strong growth" on top end of portfolio. Says has "high confidence" in growth potential. Says no one really understands the recovery rate in China. Says China continues to be an important market, but recovery process "uncertain." Says India business "continues to accelerate." Says overall current ad spend "sufficient" to support brands. Says not counting on major reductions in SG&A expenses. Says continues to see more favorable price elasticity than history would suggest.
WLDPF

Hot Stocks

09:31 EST Wildpack Beverage reports December confirmed customer orders totaling $5.68M - Wildpack Beverage announce its December 2022 sales and production highlights, and a significant quality assurance achievement for the Company. With confirmed customer orders totaling $5,683,527 and a record-breaking 224 confirmed sales orders, the Company had a very strong finish to the year. In addition to these impressive achievements, Wildpack also saw a record number of new customer conversions, with 53 new customers added to the Company's growing diversified list. The Company also set a new record in total throughput, with 23,956,748 cans produced. This included decoration throughput of 2,987,095 cans, filling throughput of 2,123,339 cans, and printed sleeve throughput of 3,151,473 sleeves. The Company also set a new record in brokering throughput, with 15,694,841 can and can equivalents brokered. In terms of plant utilization, the Company had a strong performance notwithstanding December is typically a slower month for the beverage co-packing industry, with a utilization rate of 25%. The Company is also honored to announce that its Baltimore, Maryland plant has received the coveted Safe Quality Food designation, demonstrating the Company's on-going commitment to producing safe and high-quality products for its customers.
GRIL

Hot Stocks

09:29 EST Muscle Maker announces 1st combo restaurant, adding Pokemoto to NYC Grill spot - Muscle Maker announced a new combo restaurant strategy that focuses on adding full Pokemoto restaurants inside existing Muscle Maker Grill locations. The objective is to have two of the company's brands operating under one roof reducing overhead costs, leveraging existing personnel and achieving other efficiencies. The combo restaurant will offer both Muscle Maker Grill and Pokemoto menus to consumers within the same location. The combo unit that includes two of Muscle Maker, Inc.'s "healthier for you" brands is the first for the company. The first Muscle Maker Grill location to be converted to the new combo unit is located at 70 7th Avenue in the Chelsea neighborhood of New York City. The current Muscle Maker Grill employees will learn the linear scoop and go Pokemoto model to be able to serve guests menu items from both brands. The design and construction phase of the new combo restaurant has started with an anticipated Q1 grand opening date. The interior will be updated to include the new design elements for the Pokemoto brand but will still feature Muscle Maker decor. The Muscle Maker Grill location will remain open during the construction phase of the project.
PLNHF

Hot Stocks

09:29 EST Planet 13 Holdings announces fourth Florida dispensary in Port Orange - Planet 13 Holdings announced the fourth location of its planned Florida dispensary network located in the city of Port Orange on the 'Fun Coast.' Port Orange is in the Deltona-Daytona Beach-Ormond Beach metropolitan area, a popular tourist destination with a growing population of over 600,000.
PBLA

Hot Stocks

09:28 EST Panbela Therapeutics spikes 13% higher after EMA decision on orphan product - Shares of Panbela Therapeutics are up 44c per share or13.10% to $3.80 per share pre-market after EMA decision on orphan product.
CURR

Hot Stocks

09:28 EST Avenir Wellness to launch Wall Street-focused informational series - Avenir Wellness Solutions is launching an informational series to inform the Wall Street community about its unique dual revenue model involving breakthrough consumer wellness products and intellectual property monetization. Avenir has retained producer New to The Street to create sponsored television content featuring Avenir's leadership that will be nationally and internationally syndicated on major television networks.
HIRRF

Hot Stocks

09:27 EST Hire Technologies intends to pay debenture interest in equity - HIRE Technologies announces that it has elected to satisfy its obligation to pay $73,620 in interest to the holders of its 9% unsecured debentures issued August 21 and 24, 2020 as of December 31, 2022, by issuing 2,103,425, common shares of the Company. The common shares will be issued at a deemed price of $0.035 per share in full satisfaction of the December 31 interest payment obligation in accordance with the terms of the Debentures. The shares for debt application remains subject to approval by the TSX Venture Exchange. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. A director and officer of the Company is a holder of certain Debentures and is owed $450 in interest as a result of the December 31, 2022 interest payment. The Interested Party is expected to receive 12,857 shares in connection therewith, which constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The Company intends to rely on exemptions from the formal valuation and minority approval requirements in sections 5.5(a) and 5.7(1)(a) on the basis that participation in the settlement by the Interested Party does not exceed 25% of the fair market value of the Company's market capitalization.
GLNG

Hot Stocks

09:26 EST Golar LNG unwinds majority of swap arrangements for Dutch TTF exposure - Golar LNG announces hat it has unwound the majority of its swap arrangements for its Dutch Title Transfer Facility inked production on the FLNG Hilli: March-December 2023, securing approximately $76 million of Distributable adj. EBITDA: 100% of TTF linked production unwound at $21.80/MMBtu leading to a net gain of $28.2/MMBtu, equivalent to Distributable Adjusted EBITDA of $76 million to be received in ten equal monthly installments through the period March-December 2023. Full year 2024, securing approximately $49 million of Distributable adj. EBITDA: 50% of TTF linked production unwound at $20.55/MMBtu leading to a net gain of $30.65/MMBtu, equivalent to Distributable Adjusted EBITDA of $49 million to be received in twelve equal monthly installments through 2024. Golar's only remaining TTF hedges are January and February 2023, with an estimated Distributable Adjusted EBITDA of approximately $25 million, which includes Golar's share of TTF invoices for the same period. The total secured value from the TTF hedges entered into in Q3 2022 amounts to approximately $140 million, or approximately $1.3 in cash flow per share. Golar maintains exposure to its TTF linked tariff for the FLNG Hilli, where 2023 earnings sensitivity is $2.7 million for every $1/MMBtu change in TTF, $3.2 million for every $1/MMBtu change in TTF for 2024-2025 and $1.7 million for every $1/MMBtu change in TTF from Jan-July 2026. At the current forward curve, this is equivalent to $47 million of Distributable Adjusted EBITDA for 2023 and $56 million for 2024. Golar's share of Hilli Distributable Adjusted EBITDA is expected to be approximately: 2023: $282m. This includes locked in TTF curves of $101 million, TTF linked earnings of $47 million based on 2023 TTF forward price of $20.8/MMBtu, and current Brent linked earnings of $67 million based on 2023 forward price at $84/bbl and base tariff of $67 million.2024: $225m. This includes locked in TTF curves of $49 million, TTF linked earnings of $56 million based on 2024 TTF forward price of $20.9/MMBtu, and current Brent linked earnings of $53 million based on 2024 forward price at $79/bbl and base tariff of $67 million. Golar's share of expected annual debt service for Hilli's contractual debt is approximately $50 million.
INOD

Hot Stocks

09:23 EST Innodata announces launch of PR CoPilot solution - Innodata announced the ground-breaking launch of PR CoPilot. Available as part of the Agility platform, Innodata's AI-enabled platform for public relations, PR CoPilot leverages generative AI technology to create initial draft frameworks for press releases and outreach communications. PR CoPilot is believed to be the first AI writing assistant built natively into a fully integrated PR platform. A user simply inputs a few key messages, optional quotes, and selects a format, tone, and length, and in a matter of seconds, PR CoPilot creates a functional initial draft framework.
ONDS SIEGY

Hot Stocks

09:23 EST Ondas receives network controller order from Siemens Mobility - Ondas Holdings (ONDS) announced that Ondas Networks has received a development order from Siemens Mobility (SIEGY) on behalf of MxV Rail, a wholly owned subsidiary of the Association of American Railroads. The order is for the design and development of a software-based "Network Controller." The Network Controller enables the Class 1 Railroads to optimize the use of their FCC-designated licensed frequencies within and across multiple frequencies, networks, railroads, and applications.
FAZE

Hot Stocks

09:22 EST FaZe Holdings and Porsche enter multi-year partnership - FaZe Holdings and Porsche announced a multi-year partnership through original content, esports initiatives, consumer products and digital goods, all slated for 2023. The partnership will kick off with a content series that sees FaZe Clan members expressing their stories of success and engaging in new experiences through the world of Porsche. Porsche will also become the official partner across all of FaZe Clan's esports teams. Porsche and FaZe Clan are also working in tandem to roll-out additional digital goods and new offerings in the Web3 space, with initial plans to be announced in the near future.
EGLE

Hot Stocks

09:22 EST Eagle Bulk Shipping appoints Kate Blankenship to board - Eagle Bulk Shipping announced that it has appointed A. Kate Blankenship to its Board of Directors, effective January 18. Blankenship is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). In addition to having served in key senior management positions, Ms. Blankenship has served as a director at a number of U.S.-listed companies within the shipping and energy industries, including; Frontline, Golden Ocean, Golar LNG, International Seaways, and Seadrill.
DOMA

Hot Stocks

09:21 EST Doma Holdings partners with paymints.io to reduce wire fraud, paper checks - Doma it has added digital payment solution provider paymints.io to its AgentMarketplace vendor partnership program to reduce the risk of wire fraud and allow homebuyers to digitally deposit earnest money. Paymints.io will offer its affordably priced services to Doma's independent and affiliated title agent and attorney customers nationwide. The addition of paymints.io to Doma's AgentMarketplace marks another step toward Doma's vision of enabling an instant, digital homeownership experience. "Paymints.io's focus on leveraging digital technology to create faster, more efficient closing experiences supports Doma's mission to transform real estate transactions using patented machine-learning technology," said Emilio Fernandez, President of Doma Title Insurance, Inc. "Doma is eager to introduce paymints.io to our title agent and attorney customers, who are seeking tools to save time and money and compete in today's challenging market. We look forward to empowering our customers to use paymints.io's industry-leading technology and provide even more protection to homebuyers."
MDLZ

Hot Stocks

09:20 EST Mondelez releases fourth annual State of Snacking report - Mondelez International today announced the launch of the fourth annual State of Snacking(TM) report, a global consumer trends study examining annual insights on how consumers make snacking decisions. This year's report explores how current economic challenges are affecting consumer snacking choices around the world - with a majority of respondents continuing to prioritize snacking, despite rising costs and economic challenges. Developed in partnership with The Harris Poll, the report tracks snacking attitudes and behaviors among thousands of consumers surveyed across 12 countries for a fourth consecutive year. These findings illustrate the expanded role of snacking- as snacking increasingly replaces traditional meals in consumers' lives. Key findings include that consumers around the world are snacking:Daily - Snacking is a staple - 71 percent of consumers snack at least twice a day. Mindfully - 78 percent of consumers report they take time to savor indulgent snacks with 61 percent saying they take time to portion out snacks before eating them. Frequently - Consumers are increasingly replacing meals with snacks, with 55 percent reporting a higher likelihood to eat a snack across all three standard mealtimes. Sustainably - Reducing waste is a top priority, with seven in 10 consumers saying they prioritize snacks that have less packaging and 72 percent saying they typically recycle it.
PRGS

Hot Stocks

09:19 EST Progress Software releases Progress Telerik, Progress Kendo UI - Progress announced the R1 2023 release of Progress Telerik and Progress Kendo UI, the most powerful .NET and JavaScript UI libraries for app development available. With this release, Progress is continuing its commitment to support developers in building engaging and inclusive digital experiences across all platforms.
LPG

Hot Stocks

09:18 EST Dorian LPG says positioned for market growth, green shipping challenges - Capital Link hosted a presentation by the senior management of Dorian LPG on Thursday, January 12, 2023. During the 45-minute session, John Lycouris, Dorian LPG USA CEO, and Ted Young, Dorian LPG CFO, provided an image of the growing LPG market and VLGC sector as part of Capital Link's Company Presentation Series. LPG has risen in prominence as an alternative to gasoline, coal, and oil due to its low cost, abundant supply, and portability. While it is a fossil fuel, LPG is also cleaner than many other energy sources, as it produces less air pollution and carbon emissions.The war in Ukraine has greatly impacted the price of LNG, particularly in the Far East, where it has increased significantly. As Russia did not export a significant amount of LPG before the war, and what it did export was transported largely by rail and mid-size vessels (MGCs), the war and resulting sanctions did not impact the VLGC sector much directly. It did, however, create additional LPG exports from other oil and gas producing countries, thereby bolstering the VLGC sector ton-miles. "Global demand for LPG is about 330 million metric tons, about one third of that is traded over the water" on VLGCs, Ted Young, CFO, stated. North America and the Middle East are the largest production centers for LPG, while the major end-user markets are mainly located in the Far East. The USA has become the biggest seaborne exporter of LPG, with the Middle East following close behind. In 2022, 45% of global LPG exports came from the US, and 36% from the Middle East. The EIA forecasts that production of LPG will increase by 5 to 6% in the US in the next two years, while LPG exports are expected to increase by 16% in 2023, and by 8% percent in 2024. Ted Young noted that the company has "made a significant investment in scrubbers," as 13 of its vessels are scrubber-fitted, a move which "has paid big dividends." Without scrubbers, the ships would have to operate on highly expensive low-sulphur fuel oil in order to follow the 2020 IMO regulations on sulphur emissions pollution. However, ships fitted with scrubbers can operate on lower-cost, standard fuel oil, since the scrubbers remove the offending pollutant...Unlike many other shipping sectors, the VLGC orderbook is quite large, with 70 ships on order from now until 2025, 45 of which are expected to be delivered this year alone. While such a large orderbook could be a cause for concern, there are a number of factors at play that may mitigate some of the market risk. "No one likes to have this many ships come into his market...but, per the EIA, the US expects pretty explosive export growth this year," Ted Young stated. He also noted that 60 vessels on the water-18% of the global VLGC fleet-are due for drydocking and special surveys in 2023, meaning that they will be "out of commission" for four to six weeks. Additionally, a significant portion of VLGCs on the water are ageing out, with 17% of the global fleet aged over 20 years, meaning that a significant number of vessels will have to be significantly renovated or scrapped in order to remain economically viable, particularly in terms of IMO regulations. While only one ship was scrapped in 2022, there are 58 ships currently on the water that are candidates for scrapping.
ALL

Hot Stocks

09:16 EST Allstate drops 5.4% after pre annoucement due to business weakness - Allstate drops 5.4% or over 7% to $125 per share after announcing it expects a Q4 net loss of $335M-$385M yesterday.
CRCW

Hot Stocks

09:16 EST Crypto Company expands sales team - The Crypto Company initiates an expansion of its sales team. Through its wholly owned subsidiary, Blockchain Training Alliance, the company plans to expand its sales team to more than twenty in 2023, all of which will include new sales, sales management and sales operations positions. In December, The Crypto Company contracted with and trained six independent sales professionals located in various states around the U.S.
SNOW

Hot Stocks

09:15 EST Snowflake announces intent to acquire Mobilize.Net's SnowConvert - Snowflake announced it has signed a definitive agreement for Snowflake to acquire SnowConvert, the premier suite of tools for efficiently migrating databases to the Data Cloud, from Mobilize.Net. Closing of the acquisition is subject to the receipt of required regulatory approvals and other customary closing conditions. A key challenge with platform migrations is the code conversion required to ensure that all legacy database functionality can be moved to the cloud with minimal time and effort. The SnowConvert toolkit has long been a preferred solution for migrating customer workloads to Snowflake, using sophisticated automation techniques that reduce the need for manual coding and help ensure migration projects are successful. "One of our key objectives at Snowflake is to make it as fast and simple as possible for our customers and partners to unlock value from data. For many organizations, that starts with the efficient migration of their legacy databases and applications to the Data Cloud," said Ted Brackin, Snowflake VP of Professional Services. "With the acquisition of SnowConvert, we can help more customers, partners and more broadly our Snowflake partner network move more data and applications into the Data Cloud, enabling customers to obtain faster value from their investment in Snowflake sooner."
KLNG

Hot Stocks

09:15 EST Koil Energy to provide subsa equipment for Shenandoah development - Koil Energy Solutions announced the receipt of an order to provide subsea distribution equipment for the Shenandoah project, a 17,500 psi development in the US Gulf of Mexico. The multi-million-dollar project is for the provision of 70+ Multi Quick Connect plates, which are critical pieces of subsea infrastructure used to enable the transfer of different fluids between subsea systems. The equipment will be qualified for 20,000 psi applications. The project is expected to be substantially complete by the end of 2023.
INBK

Hot Stocks

09:14 EST First Internet appoints Peterson as VP, Senior Business Development Officer - First Internet Bank announced that Alan Peterson has joined the organization as Vice President, VP, Senior Business Development Officer. The newest member of the Small Business Administration lending team brings to the position a deep experience base in finance and SBA lending. He comes to First Internet Bank from BayFirst National Bank, where he served as SVP, Director of Small Balance Loan Programs.
RUM

Hot Stocks

09:14 EST Rumble releases TV app for subscription platform - Rumble announced the next-generation TV app of its subscription-based community platform, Locals. The LocalsTV app is now available through AppleTV and Roku and remains available through GoogleTV and FireTV.
JEWL

Hot Stocks

09:13 EST Adamas One says TRAX NYC conducted video tour of S.C. Factory - Adamas One Corp. announces that diamond influencer TRAX NYC conducted a video tour of the Company's Greenville, S.C. factory and posted the Company's development process in a video on Instagram. Within the first hour, the video received more than 200,000 views.
KOPN

Hot Stocks

09:13 EST Kopin provides restructuring update - Kopin Corporation provided an update on its restructuring activities. "On January 5, 2023, we announced a restructuring, which included the partial spinout of our OLED development unit and a reduction in force," said Michael Murray, Kopin's Chief Executive Officer. "This week, we informed our employees that to accelerate application understanding, drive efficiencies and increase focus, we have reorganized the Company. We are confident these changes, along with the steps taken in the prior quarter, will lead to improved functional expertise, focus, and leadership. One of the key changes is separating business and program capture from program management. This will ensure focus on filling our pipeline with opportunities that align with our strategic plan, whilst we deliver to our customers 'on time and in full,' which is critical for profitability. To this end, we have been performing program reviews with our customers, and in some cases slowing deliveries to ensure we are delivering the highest quality products. In addition, in select situations, we are negotiating potential exits from non-profitable endeavors, if they cannot be rectified. These actions had some impact on revenue in the fourth quarter of fiscal 2022 and we expect revenue for the fourth quarter will be approximately $11.0 to 11.5 million. In addition, we anticipate these actions will lead to less revenue in the first quarter of fiscal 2023 and for the remainder of fiscal year 2023. Although these decisions are difficult and impactful, they are critical to align with our renewed focus on quality, on time delivery and operational excellence while driving towards our goals of long term, sustainable and profitable growth," concluded Mr. Murray.
XPOF

Hot Stocks

09:12 EST Xponential Fitness partners with Territory Foods - Xponential Fitness has teamed up with its first official prepared meals partner Territory Foods. The strategic partnership spans four brands, including Pure Barre, Row House, Rumble Boxing, and StretchLab, to enhance studio members' healthy eating habits and change lives across the country. As part of the partnership, Territory Foods has curated customized menus of nutritious, delicious, fresh prepared meals to complement each of the Xponential brands' fitness programs and help members maximize the benefits of every workout, whether that is barre, rowing, boxing or assisted stretching.
MA CFG

Hot Stocks

09:11 EST MasterCard, Citizens Financial announces exclusive payments partnership - Mastercard (MA) and Citizens (CFG) announced an expanded partnership, making Mastercard the exclusive payments network across Citizens' credit, debit and commercial portfolios, as well as services provider in the U.S. With shared values and vision, Citizens and Mastercard are united in the goal to provide access, inclusion and innovation to the communities they serve. "Mastercard is thrilled to enhance our partnership with Citizens to become their exclusive payments provider across all product portfolios," said Linda Kirkpatrick, president, North America at Mastercard. "We are proud to work with a brand that champions financial empowerment, and we look forward to bringing new products, services and capabilities to complement the strong value proposition Citizens provides to consumers and businesses."
MDB

Hot Stocks

09:11 EST Satori adds support for MongoDB NoSQL database - Satori announced that it is adding support for MongoDB, a scalable and flexible NoSQL document database used for high-volume data storage and processing. MongoDB has more than 37,000 customers in over 100 countries, and the MongoDB database platform has been downloaded over 300 million times. MongoDB users can now take advantage of Satori's data security platform to reduce risk, improve productivity, and ensure compliance.
CLSK

Hot Stocks

09:10 EST CleanSpark breaks ground on 50 mw bitcoin mining expansion - CleanSpark announced that it has started construction on the second phase of one of its newest sites in Washington, Georgia. The Company acquired this campus in August of 2022 as part of its recent bear-market growth campaign. Upon completion, the new phase, which is expected to employ only the newest generation of bitcoin mining machines, will add up to 2.2 exahashes per second of computing power to the Company's mining capacity. The mining machine fleet at the new phase will consist of Antminer S19j Pro and Antminer S19 XP models, the newest and most power-efficient models of bitcoin mining machines available today. Depending on the final number of each model in the mix, the total computing power that will be added to CleanSpark's bitcoin mining capacity will range from 1.6 EH/s to 2.2 EH/s - a 25% to 34% increase from its current hashrate of 6.5 EH/s.
DBGI

Hot Stocks

09:10 EST Digital Brands regains compliance with Nasdaq listing requirements - Digital Brands was formally notified by the Nasdaq Hearings Panel that it has evidenced compliance with all applicable requirements for continued listing on Nasdaq, including the minimum stockholders' equity requirement. The company will remain subject to a 12-month monitoring period however. In the event the Company fails to satisfy a continued listing requirement during the Panel Monitor, the company will not be provided with the opportunity to present a compliance plan to Nasdaq's Listing Qualifications Staff, which might otherwise be available under the Nasdaq Listing Rules, but would instead submit such plan directly to the Panel.
NXST

Hot Stocks

09:10 EST CW Network, LIV Golf enter multi-year agreement - The CW Network, owned by Nexstar Media, and LIV Golf announced they have entered into LIV's first-ever U.S. broadcast television and streaming agreement. The CW is set to become LIV's exclusive broadcast partner with a multi-year agreement beginning with the 2023 LIV Golf League season. As LIV's exclusive broadcast home in the U.S., The CW Network will air 14 global LIV Golf League live events in 2023 and will stream the events live on The CW App. Financial terms of the agreement were not disclosed. Dennis Miller, President, The CW Network, said, "For The CW, our partnership with LIV Golf marks a significant milestone in our goal to re-engineer the network with quality, diversified programming for our viewers, advertisers and CW affiliates. This also marks the first time in The CW's 17-year history that the network is the exclusive broadcast home for live mainstream sports."
AMD DNZOY

Hot Stocks

09:09 EST AMD adaptive computing tech enables DENSO LiDAR system - AMD (AMD) announced that its adaptive computing technology is powering leading mobility supplier DENSO Corporation's (DNZOY) next-generation LiDAR platform. The new platform will enable over 20X1 improvement in resolution with extremely low latency for increased precision in detecting pedestrians, vehicles, free space and more. The DENSO LiDAR platform, targeted to begin shipping in 2025, will leverage the AMD Xilinx Automotive Zynq UltraScale+ adaptive SoC and its functional safety suite of developer tools to enable ISO 26262 ASIL-B certification.
AIHS

Hot Stocks

09:09 EST Senmiao Technology reports December operating metrics for ride-hailing platform - Senmiao Technology announced operating metrics for its proprietary online ride-hailing platform for December 2022. In December 2022, Senmiao and its affiliates recorded approximately 0.7 million total completed orders, compared to approximately 0.8 million total orders completed in November 2022. The decrease was the result of a severe outbreak of COVID-19 cases in Senmiao's key city of Chengdu in mid-December, after the lifting of domestic restrictions as China stopped executing its zero-COVID policy. Since the launch of Senmiao's online ride-hailing platform in October 2020, nearly 20.8 million rides have been completed using its own platform. The number of drivers completing rides via all the platforms - known as Active Drivers - in December 2022 was 6,682, down approximately 4.8% from 7,019 in November 2022.
IBRX

Hot Stocks

09:09 EST ImmunityBio announces presentation at ASCO GI 2023 - ImmunityBio announced positive results in its fully-enrolled metastatic pancreatic cancer study in third-line or greater subjects, QUILT 88, showing that the overall survival rate for patients continues to be double compared to historical survival rates after two or more prior lines of therapy. The results were presented at the American Society of Clinical Oncology Gastrointestinal, ASCO GI, conference in San Francisco January 19-21. The median OS in this highly advanced group of patients, up to seven lines of treatment, was 5.8 months, exceeding the approximately 2- to 3-month historical median OS. In the third-line setting, the median OS in this group was 6.3 months, more than doubling the historical OS. The baseline median CA 19-9 level of the enrolled subjects was very high at 4120 IU/ml, a significant increase from normal levels of 40 IU/ml. In subjects with CA 19-9 levels less than 4120 IU/ml, the median OS was 6.9 months. ImmunityBio also announced that it held two productive Type B meetings with the FDA in December. The first was to present the recent data and obtain guidance toward a registration pathway in metastatic pancreatic cancer with combination immunotherapy and NK cell therapy. The second meeting concerned the papillary cohort of the company's BCG-unresponsive non-muscle-invasive bladder cancer study.
PBLA

Hot Stocks

09:08 EST Panbela: EMA adopts decision for SBP-101 as orphan medicinal product - Panbela Therapeutics announced that the European Medicines Agency EMA Committee for Orphan Medicinal Products has issued the Adoption of Commission Implementing Decision relating to the designation of ivospemin, SBP-101 as an orphan medicinal product in combination with gemcitabine and nab-Paclitaxel in patients with metastatic pancreatic ductal adenocarcinoma, PDA . The Commission adopted the decision on January 13, 2023 and it will be published for information in all official languages of the EU in the Community Register of Orphan Medicinal Products . Previously, the U.S. Food and Drug Administration granted orphan drug designation to SBP-101. "We are pleased to receive notice that the European Commission has adopted the positive decision for orphan drug designation from EMA's Committee for Orphan Medicinal Products," said Jennifer K. Simpson, PhD, MSN, CRNP, President & Chief Executive Officer of Panbela. "The designation of orphan drug status within the EU is an important achievement as we continue to advance the global ASPIRE trial with the potential that this may be an option for patients with first line metastatic pancreatic cancer in the future."
PHOT

Hot Stocks

09:07 EST GrowLife completes acquisition of certain assets of BridgeTown Mushrooms - GrowLife announced that on January 6, 2023, it has completed its acquisition of certain assets of Bridgetown Mushrooms, one of the leading growers of gourmet and functional mushrooms in the United States. GrowLife previously announced that it had reached a definitive agreement with Bridgetown in June 2022. Today's announcement marks its official entrance into the booming mushroom sector and is now the core focus of the Company. Founded in 2018, Bridgetown has been a leading producer and supplier of fresh gourmet and functional mushrooms in the Pacific Northwest, and is now expanding nationwide to include a variety of functional mushroom infused products, as well as a new line of Mycology Supplies, specifically designed to meet the growing needs of commercial mushroom farmers across the country. Consumers continue to seek natural wellness alternatives to implement into their daily routines and mushrooms are one of the leading ways to do so. Bridgetown will continue to optimize its operational efficiencies and capacity through the acquisition, leading to great revenue generation potential and market penetration. Since early 2022, GrowLife has been investing both time and financial resources in assisting Bridgetown on its expansion efforts to help meet what has been overwhelming demand in all three of Bridgetown's Mushroom divisions. In an effort to communicate with current and potential shareholders and outline their growth plans for 2023, Dave Dohrmann and Trevor Huebert will be hosting a conference call on January 19, 2023 at 4:30 pm Eastern Standard Time
ALGT

Hot Stocks

09:07 EST Allegiant Travel reports FY22 total system passengers up 23.2% y-o-y - Allegiant Travel reported preliminary passenger traffic results for FY22. Total system passengers were up 23.2%, ASMs were up 5.3%, departures were down 0.9%, vs. FY 2021. Scheduled service passengers were up 23.1%, ASMs were up 5.2%, departures were down 0.8%, ASMs were down 5.2% vs. FY 2021.
PRTH

Hot Stocks

09:06 EST Priority Technology announces partnerships with Factor4, GiftYa - Priority Technology Holdings has expanded their value-add tool-set by partnering with Factor4 and GiftYa to provide merchants with in-demand gift cards solutions. Under the partnership, Priority customers will be able to take advantage of Factor4's omnichannel gift card and loyalty solutions enabling merchants to seamlessly process transactions in-store, online and on mobile devices via one platform. Factor4 is one of the only providers offering complete omnichannel gift card and loyalty solutions. GiftYa is a gifting website, app and platform that allows consumers to send personalized e-gifts for any participating shop, restaurant, venue or merchant anywhere in the U.S., regardless of size, location, or whether the merchant sells gift cards. GiftYa enables people to text or email personalized gifts for more than 250,000 national, regional, or local merchant locations, including popular restaurants, retailers or even local spas.
BRAC OMGL

Hot Stocks

09:06 EST Openmarkets signs business combination agreement with Broad Capital Acquisition - Openmarkets Group and Broad Capital Acquisition Corp. entered into a definitive Agreement and Plan of Merger and Business Combination Agreement that upon closing will provide the opportunity for OMG to become a publicly traded company. The transaction is expected to be completed in the second quarter of 2023, subject to regulatory approvals and other customary closing conditions. As of the closing, the combined entity, OMGL Holdings Ltd, an Australian public company, is expected to be listed on the Nasdaq Capital Market. The transaction reflects an estimated proforma enterprise value for OMG of US$90 million, with another potential US$20 million in earnout over 2 years, and marks an important step in OMG's overall growth and capital management strategy. Following a period of strategic realignment, the company's capital-raising initiatives are focused on driving the company's renewed growth agenda, exploring strategic M&A to drive revenue synergies through the expansion of product and market portfolios, and continuing to invest in the development of innovative technologies to connect fintech clients and investment professionals to domestic and international markets. As part of the transaction, OMG will retain its experienced management team, led by CEO Dan Jowett. The board of directors of the combined company will consist of seven directors, of whom two individuals will be designated by BRAC and of whom five individuals will be designated by OMG. Upon the closing of the transactions contemplated by the Merger Agreement, BRAC will be merged with a subsidiary of OMGL called OMGH Merger Sub Corp., a Delaware company and wholly owned subsidiary of OMGL with BRAC surviving the merger as a subsidiary of OMGL, after which BRAC will be liquidated and distribute its assets to OMGL. OMG's shareholders will then contribute their shares in OMG to OMGL in exchange for newly-issued shares in OMGL, resulting in OMG becoming a direct wholly owned subsidiary of OMGL. Pursuant to the terms of the Merger Agreement, the consideration to be paid in newly issued ordinary shares of OMGL at a deemed price of $10.00 per share at the closing of the Business Combination to existing shareholders of OMG is to be based upon a calculation of a US$90 million base enterprise value, further adjusted for any cash and outstanding debt of OMG and other customary closing adjustments, with another US$20 million deposited with an independent escrow agent to support an agreed earnout structure. The Consideration excludes certain transaction costs, the net cash and debt of OMG as at closing and an estimate of the working capital adjustment described below. Out of the closing Consideration, shares having a deemed value of approximately US$16 million will be deposited with an independent escrow agent to support certain indemnifications given by OMG under the Transaction. The Business Combination has been approved by the boards of directors of each of BRAC and OMG and by the shareholders of OMG. The Business Combination will require the approval of the shareholders of BRAC and is subject to other customary closing conditions, including a definitive proxy statement on Schedule 14A of BRAC being filed with and cleared by the U.S. Securities and Exchange Commission. The transaction is expected to close in the second quarter of 2023.
CSSE

Hot Stocks

09:05 EST Chicken Soup for the Soul acquires North American rights to Devil's Peak - Screen Media, a Chicken Soup for the Soul Entertainment company, announced the acquisition of all North American rights to the upcoming crime thriller Devil's Peak. The film stars Academy Award winner Billy Bob Thornton, Golden Globe winner Robin Wright, Hopper Penn, and Academy Award nominee Jackie Earle Haley. Devil's Peak is directed by Ben Young from a screenplay written by Robert Knott, based on the novel Where All Light Tends to Go written by David Joy. Screen Media will release the film exclusively in theaters on February 17, followed by a digital release on February 24. "We've been big fans of the story since we first read it," said David Fannon, chief acquisitions and distribution officer at Chicken Soup for the Soul Entertainment. "Devil's Peak is the kind of original storytelling that Screen Media can't wait to bring to audiences worldwide."
ESOA

Hot Stocks

09:02 EST Energy Services of America announces special dividend of 5c per share - Payable on February 15 to shareholders of record as of January 31.
REBN

Hot Stocks

09:01 EST Reborn teams with distributor Collective to expand brand to Malaysia, Indonesia - Reborn Coffee announced it has signed a Memorandum of Understanding with Collective, an owner and operator of a wholesale distribution network with various specialty cafes in Malaysia, on January 15 to establish an equity joint venture to expand and develop Reborn's coffee brand throughout Southeast Asia. Collective has been sourcing, roasting and distributing specialty coffees for more than 7 years to cafes throughout Malaysia, establishing itself as leading specialty coffee roaster by sourcing transparent, traceable, and sustainable coffees from farmers, and providing exceptional coffee experiences to consumers. Collective' s expansion plan includes long-term partnerships with processing facilities and farms at origin, most recently in Indonesia, that will ensure a consistent supply of high-quality coffees and volume for the Southeast Asian market. This partnership includes improving processing methods and introducing innovations such as anaerobic and aerobic fermentation to increase quality score and flavor.
AMV

Hot Stocks

09:00 EST Atlis Motor Vehicles to presents strategies on building charging infrastructure - Atlis Motor Vehicles announced that Victor Atlasman, Director of Engineering, Charging Ecosystems and Energy Storage Solutions, will present Strategies to Build and Expand Charging Infrastructure at EV Charging Infrastructure Conference and Exhibition 2023 in Long Beach, CA on February 20, 2023. With more than a decade of experience developing and maintaining EV charging systems and having worked on the first deployment of EVSE's in the US, Mr. Atlasman will share how Atlis Motor Vehicles intends to develop and deploy Megawatt Charging Systems. In addition to addressing the challenges facing today's EVSE manufacturers, he will dive into the impact energy storage systems can have on local communities.
SGH

Hot Stocks

08:59 EST SGH announces senior note exchange, to buy back 325,000 shares - SMART Global Holdings announced that it has entered into separate, privately negotiated exchange agreements with a limited number of holders, who are qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and institutional accredited investors, of its 2.25% convertible senior notes due 2026. Pursuant to the exchange agreements, SGH will exchange $150M in aggregate principal amount of the existing convertible notes for (i) $150Min aggregate principal amount of new 2.000% convertible senior notes due 2029 and (ii) an aggregate of approximately $15.6M in cash, with such cash payment representing the premium paid for the existing convertible notes in excess of par value and accrued and unpaid interest on the existing convertible notes. In connection with the exchange transactions, SGH also intends to repurchase approximately 325,000 of SGH's outstanding ordinary shares for approximately $5.4M. The exchange transactions are expected to settle on or about January 23, the company said. Upon completion of the exchange transactions, the aggregate principal amount of the existing convertible notes outstanding will be $100M, and the aggregate principal amount of the new convertible notes outstanding will be $150M. SGH said it will not receive any cash proceeds from the issuance of the new convertible notes pursuant to the exchange transactions.
ZTEK

Hot Stocks

08:58 EST Zentek enters distribution agreement with Southmedic - Zentek has signed a Distribution Agreement with Southmedic for the distribution of Zentek's patented ZenGUARD surgical masks. Under the agreement, Southmedic will be the distributor of ZenGUARD-enhanced surgical masks to the Canadian hospital, general practitioner, private surgery, long-term care and nursing home markets.
VEEE

Hot Stocks

08:57 EST Twin Vee PowerCats to launch Twin Vee branded apparel - Twin Vee PowerCats announced that it plans to launch its own line of Twin Vee branded apparel and accessories in the coming weeks. The inaugural collection includes trendy and expertly crafted clothing that is stylish, functional, and body-inclusive. Twin Vee Apparel will include a wide assortment of short-sleeved and long-sleeved t-shirts with various logos and graphics, hoodies, shorts, hats, visors, bags, water-resistant outwear, and several smaller branded accessories.
SONN

Hot Stocks

08:56 EST Sonnet BioTherapeutics announces data in Phase 1 trial of SON-1010 - Sonnet BioTherapeutics Holdings announced that pharmacokinetic profile simulation of SON-1010 dosing has been completed in its randomized, placebo-controlled Phase 1 clinical trial in healthy volunteers. Historically, the therapeutic application of cytokines has been limited by relatively short half-lives and off-target toxicities that are typically associated with peak plasma levels. SON-1010 is a proprietary version of recombinant human interleukin-12, configured using Sonnet's Fully Human Albumin Binding technology, which has been shown to extend PK and to reduce peak drug levels for improving pharmacodynamic toxicity. The FHAB technology was designed to promote targeting to the tumor microenvironment, particularly when levels of Secreted Protein Acidic and Rich in Cysteine are elevated in the TME. Study SB102 is a single-ascending dose trial in healthy volunteers that was initiated in July, 2022 to address the safety, PK, and PD of SON-1010 in subjects without interference from prior chemotherapy. The Safety Review Committee has found no significant safety concerns to date and has approved advancing to each higher dose level. Typical dose-related increases were seen with SON-1010 using a validated electrochemi luminescence assay after subcutaneous administration. Drug levels peaked at about 11 hours with a geometric mean maximum concentration of 29, 68, and 125 pg/mL for the 50, 100, and 150 ng/kg dose groups, respectively. The mean elimination half-life after a 150 ng/kg dose of SON-1010 was 112 hours, compared to 12 hours for rhIL-12. Observed increases in IFNg were most pronounced and were dose-related, controlled, and prolonged. SON-1010 induced IFNg in all active-drug subjects, which peaked at 24 to 48 hours then returned to baseline after 2 weeks. The IFNg geomean Cmax was 398, 384, and 666 pg/mL after 50, 100, or 150 ng/kg of SON-1010, respectively, while the AUC over 48 hours was 6050, 10200, and 14600 h*pg/mL. Linear regression was used to predict the IFNg Cmax at higher doses, which remain well within the range of safety. Low amounts of IL-10 were induced in a dose-dependent manner, which could also be due to the increase in IFNg. There were small transient increases in IL-6, IL-8, and TNFalpha after dosing but no consistent pattern was seen with IL-1beta, IL-2, or IL-4 and there was no evidence of cytokine release syndrome . Safety was consistent with what has been reported previously; adverse events have generally been mild/moderate, transient in nature, and have all been tolerable.
BSGM

Hot Stocks

08:55 EST BioSig Technologies gives updates to highlight recent achievements - BioSig Technologies issued an update to shareholders highlighting recent milestones and ongoing company developments. "January 2023 marks the one-year anniversary of redefining our product development and commercial strategies led by John Sieckhaus and Gray Fleming, respectively. During this time, we have built new sales and clinical teams, introduced new corporate and product branding, launched potentially game-changing software, secured numerous evaluations, established new research protocols, signed purchase agreements, and created a promising revenue pipeline. These are milestones never seen before at BioSig and we believe there are many more exciting ones ahead. While we are proud of the commercial progress BioSig has made over the past twelve months, 2022 proved to be a challenging year for the economy, and especially for Life Sciences companies like ours. This was reflected in our valuation. History shows us that innovative companies and technologies can prevail following economic downturns. The sharp market declines in 2000-2002 and 2008-2009 were followed by economic recoveries where new leaders emerged. We are confident that BioSig will be one of those emerging leaders based on the exciting commercial, technology and corporate activities underway in 2023'" said the company.
NRSN

Hot Stocks

08:54 EST NeuroSense reports final results from Alzheimer's combination platform study - NeuroSense announced final results from a biomarker study conducted to evaluate the potential of NeuroSense's combination platform therapy for the treatment of Alzheimer's disease. Preliminary results from the study showed that TDP-43, a novel biomarker, was elevated in AD patients compared to a healthy control group. Based on these preliminary results, NeuroSense expanded the study with a larger healthy control group to further validate the results. TDP-43 has been found in up to 57% of AD cases. NeuroSense's platform combination therapy technology has already shown a statistically significant reduction of TDP-43 in a Phase 2a clinical trial biomarker study in amyotrophic lateral sclerosis, and is now being evaluated in a Phase 2b ALS double-blind clinical trial. NeuroSense believes these most recent biomarker results show the importance of TDP-43 pathology in AD and suggest the potential efficacy of NeuroSense's platform technology in Alzheimer's disease. NeuroSense plans to commence a Phase 2 double-blind proof-of-concept study in Alzheimer's disease in the first half of 2023.
SMID

Hot Stocks

08:54 EST Smith-Midland Corp to manufacture, install $6M in architectural panels - Smith-Midland Corporation will be manufacturing just over $6M in Architectural Panels and Columns for two large projects located in Northern Virginia and New Jersey. Working with Benaka, Inc. out of New Brunswick, NJ, the Company will manufacture precast architectural panels and roofs for ammunition shelters. Delivery and installation of these panels will begin in mid-2023.
OIIM

Hot Stocks

08:53 EST Proxy advisory firms recommend O2Micro holders vote for going private deal - O2Micro International Limited announced that both Institutional Shareholder Services and Glass Lewis have recommended that O2Micro shareholders vote for the proposed going private transaction for $5.0 per American Depository Share or U 0.1 per ordinary share in cash, as contemplated in the Company's previously announced Agreement and Plan of Merger dated September 30 among the Company, FNOF Precious Honour Limited and Rim Peak Technology Limited, a wholly owned subsidiary of Parent, pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent.
DDD

Hot Stocks

08:53 EST 3D Systems says rms Company adds DMP Flex 350 Dual to production workflow - 3D Systems announced rms Company, has added the DMP Flex 350 Dual to its production workflow. rms has more than 30 3D Systems' DMP 3D printers in its additive manufacturing facility enabling the company to provide a complete Powder to Package capability to medical device OEMs. Powder to Package encompasses the entire manufacturing and post-processing workflow required to go from a digital file to a sterilized and packaged final product ready for the surgical suite. With the addition of the DMP Flex 350 Dual, rms believes they will be able to expand the types of implants they produce and accelerate throughput - helping to address the evolving application needs of the industry.
SLRX

Hot Stocks

08:51 EST Salarius Pharmaceuticals to present SP-3164 preclinical data - Salarius Pharmaceuticals announces that Aundrietta Duncan, Ph.D., director of non-clinical development, will present SP-3164 preclinical data and discuss program progress at the inaugural Molecular Glue Drug Development Summit being held on January 24-26, 2023 in Boston. Dr. Duncan's presentation, titled "Development of the Cereblon-Binding Molecular Glue, SP-3164," will take place during the afternoon session on January 26. Daniela Santiesteban, Ph.D., Salarius' director of targeted protein degradation, will serve as chair for this afternoon session, which is titled "Elevating the Biological Relevance & Therapeutic Value of Molecular Glues from Discovery to Clinical Development." Dr. Duncan will present in vivo data demonstrating the activity of SP-3164 therapeutic activity in cancer models and in vitro data demonstrating SP-3164's mechanism of action. She also will discuss the overall progress of SP-3164 development. SP-3164 is an oral, next-generation molecular glue that uses Salarius' deuterium-enabled chiral switching platform to stabilize the preferred-enantiomer of avadomide, an extensively studied clinical compound that has demonstrated encouraging single-agent and combination-therapy clinical efficacy in non-Hodgkin's lymphomas and other hematologic malignancies. Addition of deuterium at the chiral center of the molecule prevents conversion to the unwanted-enantiomer allowing for isolation and development of the preferred-enantiomer into a potential new cancer treatment. As such, SP-3164 is a new chemical entity and has been issued a composition of matter patent. Data presented in December 2022 at the American Society for Hematology Annual Meeting showed compelling SP-3164 activity in lymphoma models and supports SP-3164's potential in NHL for the clinical trial planned to initiate in 2023.
AEHR

Hot Stocks

08:50 EST Aehr Test Systems falls over 2% after CEO sells shares - Aehr Test Systems falls 63c or 2.19% to 28.20 in pre-market trading on Thursday after disclosing in a regulatory filing last night, that its CEO Gayn Erickson sold 50K shares of common stock on January 13th in a total transaction size of $1.5M.
SLS

Hot Stocks

08:49 EST Sellas Life Sciences to host KOL webinar on GPS AML program - SELLAS Life Sciences Group will host a virtual key opinion leader event to discuss the current treatment landscape for patients suffering from acute myeloid leukemia and the potential for galinpepimut-S as a treatment solution. The webinar event will feature Omer Jamy, MD who is principal investigator of the Phase 3 REGAL study at the University of Alabama at Birmingham, one of the highest enrolling REGAL sites. He is currently Assistant Professor of Medicine at UAB in the Division of Hematology and Oncology and Associate Scientist, Experimental Therapeutics at the O'Neal Comprehensive Cancer Center. Dr. Jamy is principal investigator on several clinical trials in addition to REGAL, focusing on AML, chronic myelogenous leukemia, and allogeneic stem cell transplantation. Dr. Jamy completed his internal medicine residency at the University of Tennessee in Memphis followed by fellowship training at UAB in hematology/oncology, bone marrow transplantation and cellular therapy. The SELLAS management team will provide a corporate update on GPS, their lead pipeline candidate, which is currently being evaluated in a Phase 3 registrational clinical trial in AML patients who have achieved complete remission following second-line salvage therapy. GPS targets malignancies and tumors characterized by an overexpression of the WT1 antigen, one of the most widely expressed cancer antigens in multiple malignancies.
EVAX

Hot Stocks

08:46 EST Evaxion Biotech receives FDA fast track designation for EVX-01 with Keytruda - Evaxion Biotech announced that the U.S. Food and Drug Administration has granted fast track designation for the Company's personalized cancer therapy, EVX-01, in combination with KEYTRUDA.In December 2023, Evaxion received FDA approval to proceed with its Phase 2b clinical trial, where EVX-01 is given in combination with KEYTRUDA to patients with metastatic melanoma. On January 17, 2023, Evaxion furthermore received fast track designation for the vaccine candidate. The fast track is designed to expedite the FDA's review of innovative, new drugs that demonstrate the potential to address an unmet medical need. EVX-01 is a peptide-based cancer immunotherapy and is Evaxion's most advanced clinical asset. Under the program, a unique drug is generated for each patient based on gene analysis of their tumors and on matching with their immune system. This process is made possible by the Company's proprietary AI platform, PIONEER. The ongoing Phase 2b study is conducted at clinical sites across the United States, Europe, and Australia. It is carried out in collaboration with Merck, supplying its PD-1 inhibitor KEYTRUDA. The trial was initiated in Australia with the enrollment of the first patient in September 2022.
DYAI

Hot Stocks

08:45 EST Dyadic International sells equity interest in Alphazyme for $1.27M - Dyadic International announced that it received approximately $1.27M in connection with the sale of its equity interest in Alphazyme. Dyadic received its equity as part of the consideration for the grant of a non-exclusive license to certain of Dyadic's technology. Additionally, under that arrangement Dyadic has the right to receive milestone and royalty payments based on sales of C1 expressed products by Alphazyme. Dyadic also has the potential to receive additional payments based on the future sales of Alphazyme's existing products.
NVTS

Hot Stocks

08:44 EST Navitas acquires silicon control IC from JV from Halo for price of $20M in stock - Navitas Semiconductor announced an agreement to acquire the remaining minority interest in its silicon control IC joint venture from Halo Microelectronics for a purchase price of $20M Navitas stock. As Navitas was already the majority shareholder, financial results from the joint venture have already been reflected in Navitas' historical financial statements and guidance. The transaction is expected to close in February. The addressable market potential for this additional silicon controller capability is estimated at over $1B per year by 2026. "This is another strategic acquisition for Navitas as we integrate critical silicon controller capabilities with our leading-edge GaN and SiC technologies," said Navitas CEO and co-founder Gene Sheridan. "Silicon controllers are needed in all power systems and largely define the architecture of those systems. By combining silicon controllers with GaN and SiC, Navitas is uniquely positioned to influence customer architecture decisions to maximize the system benefits and Navitas' value when using GaN or SiC in next-generation power electronics."
HUDI

Hot Stocks

08:44 EST Huadi International enters partnership with Huanqiu on seamless pipe supply - Huadi International Group announced that the Company has entered into strategic partnership agreement with China Huanqiu Contracting & Engineering, HUDI has been awarded and nominated as Huanqiu's first-tier supplier of stainless steel seamless pipes and tubes. Pursuant to the Agreement, HUDI will supply stainless steel seamless pipes and tubes to Huanqiu and its affiliated subsidiaries as part of Huanqiu's procurement process for contracted construction projects.
AEHR

Hot Stocks

08:43 EST Aehr Test Systems CEO sells $1.5M in common stock - In a regulatory filing last night, Aehr Test Systems disclosed that its CEO Gayn Erickson sold 50K shares of common stock on January 13th in a total transaction size of $1.5M.
PG

Hot Stocks

08:42 EST Procter & Gamble says Q2 growth broad based across business units - Says China market continued to be impacted by Covid lockdowns. Expects slow recovery, modest improvement in the near term. Says had gross margin pressure from commodities and FX. Expects more volatility in costs, currencies in 2H23. Says FX a "significant" y/y headwind. Sees $6B-$8B of share repurchases in FY23. Comments taken from Q2 earnings conference call.
VIRX

Hot Stocks

08:42 EST Viracta Therapeutics announces EC orphan drug designation for Nana-val - Viracta Therapeutics announced that the European Commission has granted an orphan drug designation to Viracta's all-oral combination product candidate, Nana-val for the treatment of diffuse large B-cell lymphoma. The EC previously granted ODD to Nana-val for the treatment of peripheral T-cell lymphoma. In addition, Nana-val was previously granted ODD by the U.S. Food and Drug Administration for the treatment of T-cell lymphoma, post-transplant lymphoproliferative disorder, plasmablastic lymphoma, and Epstein-Barr virus-positive DLBCL, not otherwise specified.
LGVN

Hot Stocks

08:41 EST Longeveron announces publication of final data from ELPIS I trial - Longeveron announced the publication of the full results from the Company's ELPIS I trial of Lomecel-BTM for hypoplastic left heart syndrome in the European Heart Journal Open. In the uncontrolled open-label Phase 1b study entitled "Intramyocardial cell-based therapy with Lomecel-B during bidirectional cavopulmonary anastomosis for hypoplastic left heart syndrome: The ELPIS phase I trial," patients underwent the Glenn Procedure at approximately 4-5 months old, and received intracardiac injections of Lomecel-BTM. The ELPIS I study was conducted by a consortium of leading pediatric cardiac surgeons led by Sunjay Kaushal, M.D., Ph.D., currently Division Head of Cardiovascular-Thoracic Surgery at Lurie Children's and principal investigator of the ELPIS I study. The findings of the study included: None of the children experienced the prespecified safety endpoint over one year of follow-up. The procedure was generally well-tolerated in all ten study participants. The babies maintained their weight-for-age z-score after the surgery, and all were alive and transplant-free one year following the procedure. Several indices of right ventricular function, notably the tricuspid regurgitation fraction, showed suggestions of either improvement or prevention of deterioration over one-year following the surgery. In a sub-study of 6 babies, a blood test showed evidence of the persistence and activity of Lomecel-BTM one week after injection. Longeveron is currently enrolling patients in the ELPIS II trial, a 38-patient, randomized, blinded, controlled Phase 2a clinical trial intended to evaluate the safety and efficacy of intramyocardial injection of Lomecel-BTM in infants with HLHS who are undergoing the Glenn Procedure. This ongoing trial is funded by a grant from the National Heart, Lung, and Blood Institute. Lomecel-BTM for HLHS has received Fast Track, Rare Pediatric Disease, and Orphan Drug Designations from the U.S. Food and Drug Administration.
STIM GBNH

Hot Stocks

08:41 EST Neuronetics, Greenbrook announce six year exclusive commercial partnership - Neuronetics (STIM) and Greenbrook (GBNH), a leading provider of transcranial magnetic stimulation therapy announced an expanded commercial partnership through year end 2028. Under the partnership agreement, Neuronetics will be the exclusive supplier of TMS equipment to Greenbrook. Over time, Neuronetics' NeuroStar devices will replace competitive TMS devices at Greenbrook locations. The Companies will work jointly to grow through co-branding and co-marketing programs, enhanced patient and clinician awareness, improved patient access to care, and collaboration on product development and publications. The agreement also has minimum purchase commitments, and all treatment session purchases will convert to a "per-click" consumable model.
STRM

Hot Stocks

08:39 EST Streamline Health expands RevID agreement with provider network - Streamline Health Solutions announced an expansion of its existing relationship with a prominent healthcare system that manages 80+ facilities throughout the United States. The health system has further expanded its use of RevID. The Company also announced that it has now exceeded its previously stated goal of $17M of booked SaaS ACV by the end of its fiscal 2022.
PHUN

Hot Stocks

08:38 EST Phunware releases Phunware Experience Optimizer - Phunware announced that the Phunware Experience Optimizer is now available for customers to contextually engage users based on location, persona or brand. Phunware's Experience Optimizer enables a single mobile application to autonomously deliver any number of experiences by seamlessly configuring and launching a unique JavaScript Object Notation that contains specific information on layout, features, themes, content and maps. Although each experience is launched from a single mobile application, every experience will load and function like its own native mobile application.
FLUX

Hot Stocks

08:38 EST Flux Power expands testing, product validation capabilities - Flux Power announced the expansion of in-house testing and product validation capabilities with all equipment needed to satisfy UL 2580 and UN/DOT 38.3 compliance testing, including an onsite vibration table. Lithium-ion batteries with an Underwriters Laboratory, UL, Listing have been tested to meet nationally recognized safety standards as a complete final product, and also includes battery modules and battery packs. The UL 2580 battery test standard also tests the ability of batteries, battery modules and battery packs to withstand harsh conditions safely, testing whether they can be charged and discharged as required. UN/DOT 38.3 testing helps ensure the safety of lithium-ion batteries during shipping. "Our full suite of testing equipment is capable of in-house qualification on everything from our smallest to our largest battery systems, eliminating the need to outsource any aspect of testing for either UL or UN certifications and expediting the process," said Ron Dutt, Flux Power Chief Executive Officer. "Our strong relationship with Underwriters Laboratory coupled with these robust testing capabilities allows Flux Power to rapidly develop and deliver world-class energy storage systems to the critical applications of our end users. All Flux Power systems are designed and tested to meet the demanding standards of the modern operating environment with an unyielding focus on safety and reliability. We remain committed the delivery of clean energy solutions to this rapidly evolving market."
ABVC

Hot Stocks

08:38 EST ABVC BioPharma presents ABV-1505 ADHD Phase IIa results - ABVC BioPharma announced that Dr. Keith McBurnett, Professor of Psychiatry at the University of California San Francisco, presented the results of the Phase IIa study of its medical treatment, ABV-1505 ADHD, on January 14, 2023 at the 2023 Conference of The American Professional Society of ADHD and Related Disorders Poster Session. APSARD is a world-renowned organization consisting of a broad spectrum of allied mental health experts working to improve the quality of care for patients with ADHD through the advancement and dissemination of research, and evidence-based practices. The active pharmaceutical ingredient of ABV-1505, PDC-1421, was used in the Phase IIa study which involved six adult subjects with confirmed ADHD. Each patient was administered two doses of PDC-1421 three times a day for four weeks and a one-week post-treatment follow-up. The study found that both low and high doses of PDC-1421 were safe, well-tolerated and efficacious during the treatment and the follow-up period. As a result of the Phase IIa study results, ABVC is currently conducting a Phase IIb randomized, double-blind, placebo-controlled study entitled "A Phase II Tolerability and Efficacy Study of PDC-1421 Treatment in Adult Patients with Attention-Deficit Hyperactivity Disorder, Part II" that will eventually involve a total of approximately 100 patients at the University of California, San Francisco and five research hospitals in Taiwan.
PAY GDOT

Hot Stocks

08:37 EST Paymentus unveils expanded cash bill payment capabilities network - Paymentus (PAY) unveiled expanded Cash Bill Pay capabilities on its Instant Payment Network. Powered by Green Dot Corporation's (GDOT) expansive Green Dot Network, billers connected to the Instant Payment Network will be able to accept cash payments from customers made at more than 90,000 retail locations. "Connecting the Green Dot Network of retail locations to our expanding Instant Payment Network demonstrates the transformative potential of our networked approach and our commitment to meet the payment service requirements of all consumers," said Dushyant Sharma, Founder and CEO of Paymentus. "Every biller knows that cash payments account for a meaningful portion of revenue. Untethering cash payments from the customer service counter and into tens of thousands of community-based access points will make cash bill pay as easy, convenient and secure as every other payment method for both consumers and billers alike."
TCBP

Hot Stocks

08:37 EST TC Biopharm receives non-compliance notice from Nasdaq - TC Biopharm has received written notification from the listing qualifications staff of Nasdaq indicating that the company has not regained compliance with the minimum Market Value of Listed Securities of $35M required for continued listing on Nasdaq. The company intends to request a hearing which will stay the suspension or delisting action pending the hearing and the expiration of any extension period granted by the Panel following the hearing. TC Biopharm intends to present the Nasdaq panel with a comprehensive plan to address the current deficiency in relation to the market value of the Company's listed securities to maintain the Nasdaq listing. Consequently, the company's ADSs and Warrants will remain listed on The Nasdaq Capital Market at least until the Panel renders a decision following the hearing management is confident in its plan of compliance and the business model. The notification has no immediate effect on the listing of the shares, and the stock will continue to trade on Nasdaq under the symbol "TCBP".
META

Hot Stocks

08:37 EST Irish Data Protection Commission fines WhatsApp Ireland EUR 5.5M - The Data Protection Commission announced the conclusion of an inquiry into the processing carried out by WhatsApp Ireland Limited in connection with the delivery of its WhatsApp service, in which it has fined WhatsApp Ireland EUR 5.5M for breaches of the GDPR relating to its service. WhatsApp Ireland has also been directed to bring its data processing operations into compliance within a period of six months. The inquiry concerned a complaint made on May 25, 2018 by a German data subject about the WhatsApp service.
ICE

Hot Stocks

08:36 EST Intercontinental Exchange launches ICE Digital Trade Documents - Intercontinental Exchange announced the launch of ICE Digital Trade Documents, ICE DTD, for the energy industry, a highly configurable solution digitizing post-trade and shipping processes for physically delivered commodities including oil, gas and petrochemicals. The launch follows a series of successful trials conducted for shipments of refined products within Asia Pacific. "ICE was founded with a mission to transform analog industries through digitizing processes," said David Farrell, Chief Operating Officer of ICE Futures U.S. "For our terminal and refinery customers, every minute spent in the process of ships arriving and leaving terminals is valuable. ICE DTD digitizes complex, fragmented, and paper-based processes, offering the energy industry the potential to save hours per shipment, and in doing so save time and cost."
OTLK

Hot Stocks

08:36 EST Outlook Therapeutics appoints Surendra Sharma as SVP, medical affairs - Outlook Therapeutics announced the appointments of Surendra Sharma, MD, as Senior Vice President, Medical Affairs, and Glen Olsheim as Executive Director, Commercial Excellence. Most recently, Sharma was Senior Medical Director, Cornea, Dry Eye and Retina, Global Medical Affairs at Santen Pharmaceuticals. Prior to joining Outlook Therapeutics, in his role as the VP of Business and New Product Development at Fagron Sterile Services,Olsheim focused on driving revenue, profit and value in repackaging IV bevacizumab for ophthalmic use in retina indications.
SRDX

Hot Stocks

08:35 EST Surmodics announces data from SWING trial discussed at ISET - Surmodics announced that the differentiated capabilities of its crystalline drug release, CDR, platform for sirolimus-coated balloons, SCBs, were discussed in connection with 12-month data from the Company's SWING trial at the 35th annual International Symposium on Endovascular Therapy, ISET, in Miami, Florida. The SWING trial is a first-in-human feasibility study of the Company's Sundance SCB. At ISET, SWING co-lead investigator Professor Ramon Varcoe, MBBS, MS, FRACS, PHD, MMed, reinforced key findings from the SWING trial. Twelve-month data from the 35 patients enrolled in the trial showed no perioperative deaths or major amputations at 30 days, and just one major re-intervention was reported among the trial subjects, and use of the Sundance SCB was associated with primary patency maintained at 12 months in 80% of the per protocol analysis population. "The technical benefits of CDR are clearly evident via in vivo animal models, which show that the Sundance SCB provides enhanced drug transfer and enables longer drug retention in tissue at therapeutic levels compared with competitor SCBs," said Prof. Varcoe. "The positive 12-month data from SWING suggest that the Sundance SCB's CDR platform holds significant promise for treating real-world PAD patients."
IMAX

Hot Stocks

08:35 EST Imax and Aeon Entertainment expand partnership in Japan - Imax and Aeon Entertainment announced an agreement for seven new Imax with Laser systems across Japan this year. Under the deal, all seven systems are scheduled to be installed in existing multiplexes by summer 2023 in areas largely untapped by Imax. The new expansion follows on the heels of an agreement Aeon and Imax announced at CinemaCon in April 2022 for two new locations outside Tokyo and Osaka. Japan was Imax's third highest grossing global market in 2022 with more than $73M in box office and home to six of the company's top 15 highest grossing locations. Imax earned a record $40.2M in global box office with Japanese language releases in 2022 - up 26% over 2021.
SLGG

Hot Stocks

08:34 EST Super League Gaming drove record audience engagement through Q4-end - Super League drove record audience engagement through the end of Q4 2022. This unparalleled audience growth propels the company into 2023, helping Super League to continue to ride a wave of significant expansion, innovative experiential solutions and increased revenue with 112M monthly active users, beating a previous high of 97M, just in November.
DTE

Hot Stocks

08:34 EST DTE Energy reduces Gas Cost Recovery rate - DTE Energy's natural gas customers will spend less to heat their homes this month, with further price reductions in the months to come. On Jan. 1, the company reduced its Gas Cost Recovery rate, based on its natural gas purchasing strategy and the decline in natural gas prices. The result? Customers will see a total of nearly $5 million in relief on their February heating bills. Further savings will come over the next several months as DTE expects to continue lowering its GCR rate.
SGBX

Hot Stocks

08:34 EST Safe & Green adds Episcopo to lead environmental vertical sales team - Safe & Green announced that the Company has engaged Rick Episcopo to support sales and business development efforts for Safe & Green Holdings Corp. Episcopo joins Safe & Green Holdings with an extensive background in sales and customer success from his previous roles in a variety of industries. Rick currently serves as CEO of Proepics Capital Group.
BBKCF

Hot Stocks

08:33 EST Bigg Digital Assets' Netcoins announces further U.S. launch dates - BIGG Digital Assets reports that Netcoins will be expanding its USA footprint on February 1st, launching in Colorado, Kentucky, Kansas and Utah. The addition of these 4 states comes after the initial launch of Netcoins USA in California, Missouri, Virginia, Michigan and Pennsylvania in December 2022. The combined population of these nine states is over 93 million, which provides Netcoins with a tremendous opportunity for growth. Netcoins will also be adding Instant ACH funding to the Netcoins USA platform, integrating with Plaid and Sardine, two leading FinTechs with an established presence in the Crypto industry. Lastly, Netcoins will be launching three new crypto-assets on the Netcoins USA and Canada platforms. Netcoins is very pleased to add NEAR Protocol, QUANT and Cosmos. Netcoins is excited to bring these crypto-assets to our users in both Canada and the USA, bringing its overall offering to 38 coins.
FISV

Hot Stocks

08:33 EST Desjardins selects Fiserv to enhance credit card program - Desjardins Group will transition its credit card processing to Fiserv, a leading global provider of payments and financial services technology solutions. By streamlining management of consumer card, commercial card, prepaid card, and business lines of credit portfolios onto a single unified platform, Fiserv is enabling Desjardins to create synergies across products and power innovative new offerings for its consumer members and business clients. Through its market-leading card issuing platform, OptisSM, which processes more than one billion credit accounts across North America, Fiserv will support Desjardins' rapidly growing credit card portfolio, which now has close to four million accounts. "We look forward to working with Desjardins as our flagship card issuing client in Canada, and bringing our leading, modern capabilities which will enable Desjardins to best serve their loyal members and clients," said Andrew Gelb, Head of Issuer Solutions at Fiserv.
TGI EADSY

Hot Stocks

08:32 EST Triumph Group awarded two multi-year contracts from Airbus - Triumph Group's (TGI) Actuation Products & Services business has been awarded two multi-year contracts from Airbus (EADSY). These contracts include the manufacturing of ball bearing control cables for the Airbus A330, A320 and A350 aircraft fleets.
HTZ

Hot Stocks

08:32 EST Hertz announces new public-private partnership initiative, Hertz Electrifies - Hertz announced a new public-private partnership initiative, Hertz Electrifies, aimed at accelerating the transition to electric vehicles, while creating economic opportunity and environmental benefits for communities. In partnership with mayors across the country, Hertz will bring its EV fleet to American cities, while supporting the build out of charging infrastructure, creating educational and training opportunities for high-quality jobs in a new era of mobility, and engaging with local organizations to extend the benefits of electrification to underserved communities. Hertz Electrifies is launching in Denver, Colorado in partnership with Mayor Michael B. Hancock. Through the initiative, Hertz aims to: Bring up to 5,200 rental EVs to Denver, for availability to Hertz customers and rideshare drivers; Increase charging capacity at the Denver International Airport and at Hertz locations through installation of a mix of Level 2 and fast chargers; In partnership with bp pulse, a global high-speed electric charging network, support the installation of publicly accessible EV chargers across neighborhoods in Denver; Share telematics from Hertz's fleet of connected cars to help inform public charging infrastructure planning; Offer summer job opportunities through the Denver Youth Employment Program; and Provide electric vehicles, tools and training to Montbello Career and Technical High School for students enrolled in its auto certificate program.
NKOSF

Hot Stocks

08:32 EST Labrador Gold announces results from Florence Lake Greenstone Blt - Labrador Gold is pleased to announce results of prospecting and channel sampling at the Florence Lake Greenstone Belt on its Hopedale Project in Labrador. Highlights of the exploration include high-grade copper and gold in rock from both grab and channel samples from the northernmost license. Previous work by LabGold and others in this area has outlined significant gold in rock and soil over a 3km strike length, including four discrete mineralized occurrences: Thurber North up to 3.8 g/t Au; TD500 up to 21.59 g/t Au; Thurber Dog up to 11.4 g/t Au; Thurber South up to 4.1 g/t Au. Follow up sampling at the TD500 gold occurrence returned gold values from grab samples ranging from 0.46 g/t to 21.59 g/t Au. The showing was channel sampled along eight channels over a strike length of approximately 60 metres. Gold varies from below detection limit to 14.02 g/t with 48 samples assaying greater than 100ppb Au that includes 19 samples greater than 1 g/t Au. Highlights of the channel samples include 2.91 g/t Au over 5.17m including 14.02 g/t over 0.61m, 2.35 g/t Au over 6.88m and 4.23 g/t over 5.04m. Shear hosted gold mineralization at TD500 has now been uncovered over a 35m strike length and occurs in quartz veins and disseminated in the host rocks close to the contact between mafic volcanic and metasedimentary rocks. Pyrite and arsenopyrite are commonly associated with the gold mineralization. Grab samples from the copper occurrence ranged from 131 ppm to 10.2% Cu, with seven of the nine samples assaying over 1% Cu. Elevated silver in these samples ranged from 0.2 to 9.8 g/t Ag. The showing was channel sampled along eight channels over a strike length of approximately 50 metres. Results showed copper values ranging from 18ppm to 3.31% and silver values from 0.1 to 2 g/t. Highlights include 3.31% Cu over 0.76m, 2.4% Cu over 0.6m and 1.55% Cu over 1m.
OBLG

Hot Stocks

08:32 EST Oblong announces compliance with Nasdaq bid price requirement - Oblong announced that the Company received formal notice from The Nasdaq Stock Market that the Company has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Accordingly, Nasdaq has advised that the matter is now closed.
NLS

Hot Stocks

08:31 EST Nautilus debuts JRNY with Motion Tracking - Nautilus is enhancing the JRNY app with Motion Tracking to jump-start those health and wellness goals. "Where other products in the market require single-purpose screens or devices, the JRNY app with Motion Tracking offers personalized coaching and feedback, rep counting and individualized workout recommendations using the tablet you already own, for a combination of features and convenience that's raising the bar for connected fitness," said Jim Barr, CEO, Nautilus, Inc. "The JRNY app leverages proprietary technology and machine learning expertise from our acquisition of VAY and positions Bowflex as an innovator in the strength training category. These enhancements to the JRNY platform mark an important milestone for Nautilus in our long-term strategy to provide a superior, consumer-driven connected fitness experience."
CODI

Hot Stocks

08:29 EST Compass Diversified to discuss strategic initiatives at Investor Day - Compass Diversified will host its Investor Day in New York City. The event will feature a self-guided walk through of CODI's consumer businesses followed by the PrimaLoft product experience. CODI management will also host a presentation discussing its strategic initiatives, expansion into the Healthcare vertical, and additional growth opportunities. The event will also feature a presentation from Mike Joyce, CEO of PrimaLoft. "Our Investor Day provides us the opportunity to update our stakeholders on key strategic, financial and operational growth initiatives that are expected to drive future value creation," said Elias Sabo, CEO of Compass Diversified. "Over the past few years, we've continued to transform our business by accelerating our core growth rate, and we believe today's event showcases the outstanding consumer companies that will drive further shareholder value creation." Presentation from PrimaLoft: Established in 1983 by Albany International Corporation, PrimaLoft is an advanced material technology company who is a world leader in the development of high-performance, sustainable insulations and technical fabrics. Mike Joyce, CEO of PrimaLoft, will discuss the following: An overview of how PrimaLoft makes advanced materials felt by consumers and the planet; PrimaLoft's authentic heritage with proven, strong performance; Its clear runway for accelerating growth; and Its compelling competitive advantages, strong market tailwinds and other keys to success.Presentation from CODI In today's presentation, CODI's management team will discuss the Company's strong financial position, including: Hiistory and value creation roadmap; State of the M&A market and expectations for 2023; An overview of the new Healthcare vertical, including investment criteria and target sectors; An update on CODI's ESG initiatives; and Financial performance, outlook, and long-term targets.
OTMO

Hot Stocks

08:29 EST Otonomo and Iteris in intelligence deal to integrate connected vehicle data - Otonomo Technologies (OTMO), the platform powering the mobility economy, and Iteris (ITI) announced a multi-year agreement to integrate connected vehicle data available through the Otonomo Smart Mobility Data Platform into Iteris' ClearMobility Platform. This additional data source will help Iteris unlock new mobility insights from its multiple sources of traffic intelligence, advance its digital mobility infrastructure solutions for the public sector and commercial enterprise customers, and deliver on its mission of creating a future of smarter and connected transportation.
XRTX

Hot Stocks

08:29 EST Xortx Therapeutics jumps 64% to $1.28 after Xorlotm study data
NICE

Hot Stocks

08:28 EST Nice announces Yource successfully employed its WFM solution - NICE announced that Yource, the leading business process outsourcer in the Netherlands, successfully employed NICE's Workforce Management, WFM, solution to further support the transition to a hybrid work model. Yource has seen an increase in forecast accuracy, ensuring more effective service and improving customer satisfaction. As a major omnichannel and multilingual contact center services provider, Yource provides a combination of outsourcing, insourcing, near and offshoring, and staffing options from its locations in the Netherlands, Belgium, Luxembourg, Spain, Morocco, Bulgaria, Greece, Turkey, and Suriname. NICE WFM improves forecast accuracy with AI-driven insights into net staffing fluctuations and schedule optimization. The solution automatically balances employee preferences and the company's business needs, making it a key element in a large-scale initiative at Yource to provide employees greater flexibility and control over their scheduling processes with the shift to hybrid work
VZ

Hot Stocks

08:27 EST Verizon, Centech unveil results of 5G Development Hub - Verizon and Centech announced the results from the first cohort of startups and scaleups in the 5G Development Hub. Launched in May 2022, the 5G Development Hub works to unlock innovation in multiple industries including manufacturing, supply chain, transportation, smart cities, energy and utilities. Seven startups were selected to participate, and worked alongside network experts from Verizon to create new 5G use cases, and incorporate 5G and MEC-enabled technologies into their services. Selected companies tested their innovative solutions on Bell's 5G network and mobile edge computing platform and benefited from Centech's mentoring on business development and growth strategy.
EVA

Hot Stocks

08:27 EST Enviva announces four senior officer appointments - Enviva announced the appointments of a Chief Commercial Officer, Chief Sustainability Officer, Chief Administrative and People Officer, and General Counsel. Enviva has appointed John-Paul Taylor to Chief Commercial Officer. Taylor joined Enviva as Vice President, Optimization and Origination in February 2014 and most recently served as Senior Vice President of Sales and Fulfillment. Enviva has appointed Brandi Colander as Chief Sustainability Officer to maintain and enhance its role as an industry leader in sustainability and environmental stewardship. This function operates as an integral strategic partner throughout the Enviva enterprise. Additionally, Enviva has announced the appointment of Roxanne Klein to Chief Administrative and People Officer. In her new role, she will assume responsibility for a variety of corporate and administrative functions in addition to overseeing the human resources function. Finally, Jason Paral has been appointed General Counsel and will maintain his role as Secretary. Throughout his tenure at Enviva, Paral has held positions of increasing responsibility and closely supported the other members of the executive team and board of directors
CODI

Hot Stocks

08:25 EST Compass Diversified announces $50M share repurchase program - Compass Diversified Holdings announced that its Board of Directors authorized the repurchase of up to $50M of CODI's issued and outstanding common shares. Under the authorization, CODI may purchase common shares through December 31 utilizing one or more open market transactions, transactions structured through investment banking institutions, in privately-negotiated transactions or otherwise, by direct purchases of common shares or a combination of the foregoing in compliance with the applicable rules and regulations of the Securities and Exchange Commission.
CGRN

Hot Stocks

08:25 EST Capstone Green Energy receives follow-on EaaS rental order - Capstone Green Energy announced that Horizon Power Systems, the company's exclusive Distributor for the Rocky Mountains in the U.S. and Western Canada, has secured an Energy as a Service, EaaS, long-term rental agreement for 30 Capstone C65 microturbines to be installed at 15 new and remote well sites throughout the San Juan Basin in New Mexico. The EaaS contract from this midstream oil and gas company adds to the customer's current owned fleet of 45 microturbines in operation, the first of which were commissioned in 2015. The new energy systems feature two high pressure natural gas-fueled microturbines per site and will provide power to Lease Automatic Custody Transfer units, which are used to transport crude oil from the production site to a central storage facility. "In addition to providing ultra-reliability to these typically remote, unmanned sites, microturbines have the added benefit of producing very low emissions," said Darren Jamison, Chief Executive Officer of Capstone Green Energy. "Now that several states are starting to require oil and gas companies to make emissions reductions, microturbines are proving to be an attractive option. Add to that the Capstone's flexible own or Energy as a Service options, and they become an ideal solution to modern energy challenges."
WETG

Hot Stocks

08:24 EST WeTrade advances cooperation with Fujian Solar - WeTrade's cooperation with Fujian Super Solar Energy has entered the countdown period, as the global sales representative visits Fujian Solar to understand YG's global new energy layout and revenue model on January 18, 2023. YG is the new energy business segment which was launched by WeTrade in 2023. It is mainly committed to providing tools and technical support for the digital new energy industry in the Middle East and Central Asia. The "Green Planet, Renren Power Plant" project is the first new energy project launched by WeTrade and Fujian Solar. It is reported that the "Green Planet, Renren Power Plant" project will start global pre-sale in February, and the revenue will be calculated on March 16.
FPRGF

Hot Stocks

08:23 EST Falco Resources publishes ESG report - Falco Resources announced the release of its Environmental, Social and Governance report detailing the ESG performance of its activities for the period ending December 31, 2021. Helene Cartier, Vice President, Environment and Sustainable Development for Falco commented: "Falco has prioritized ESG factors to define its mission and has adopted an inspiring vision firmly rooted in its values such as transparency, integrity, determination and collaboration and which is reflected in our meaningful relationships with Indigenous nations, community members, and other groups. Falco is determined to build a lasting legacy everyday, through every action it takes and as we continue to evolve and grow, so will our dedication to our stakeholders."
MGLD

Hot Stocks

08:23 EST The Marygold Companies names Rooney president of fintech subsidiary - The Marygold announced the appointment of Timothy Rooney as President of Marygold & Co. Rooney is part of the founding leadership group at Marygold & Co., joining the Company to create and lead Marygold & Co. Advisory Services, LLC, a Registered Investment Advisor. Rooney held a ten-year career with Nationwide Investment Management Group, where he served as Vice President, Product Development.
WKSP

Hot Stocks

08:22 EST Worksport to inspect major factory equipment for U.S. facility - Worksport announced the inspection of its commissioned custom manufacturing line. The assessment will take place by an agent of Worksport in Europe from Today January 19th to the 21st. The custom-made manufacturing line is essential to Worksport beginning and expanding automated production of its American-made hard folding truck covers. This manufacturing line will also produce components for Worksport's SOLIS solar truck bed cover system. The $4M custom manufacturing system is intended to automate the Company's in-house production of major components for Worksport's hard-fold tonneau covers, the basis for the much anticipated, highly innovative SOLIS solar truck bed cover. Once operational, the New York factory will be used to produce Worksport's proprietary hard tonneau covers. These products comprise the basis for SOLIS Solar Cover, expected to be the largest source of Worksport's future growth and revenues - and which has interest from several major global automotive OEMs. A complete working SOLIS cover needs its companion COR battery with its advanced hot-swap technology to store and deploy its saved power for a myriad of uses.
GH

Hot Stocks

08:22 EST Guardant Health partners with The Royal Marsden NHS Foundation for TRACC study - Guardant Health is partnering with The Royal Marsden NHS Foundation Trust on Part C of its "Tracking mutations in cell free DNA to predict Relapse in eArly Colorectal Cancer," TRACC, study, which will evaluate the use of circulating tumor DNA, ctDNA, to guide chemotherapy treatment decisions after curative-intent surgery in patients with early-stage colorectal cancer, CRC. The trial is intended to determine whether patients can be spared unnecessary chemotherapy and the associated side effects if they test negative for ctDNA using the Guardant Reveal blood test following surgery. The study will use the Guardant Reveal blood test to detect MRD by measuring the DNA shed from tumor cells into the bloodstream. Global studies have shown that a negative ctDNA result after surgery is associated with a significantly lower likelihood of the cancer returning. The TRACC Part C trial aims to evaluate the use of ctDNA results from the Guardant Reveal test to guide chemotherapy treatment decisions in a multi-center, prospective, randomized study over the next four years. "With the Guardant Reveal test, a simple blood draw can be used to identify colorectal cancer patients who have residual disease and are most likely to benefit from adjuvant therapy," said Helmy Eltoukhy, Guardant Health co-CEO. "We're pleased to partner with The Royal Marsden in the TRACC Part C study to enable the investigators to more accurately predict when cancer is unlikely to return, help guide chemotherapy treatment decisions and provide patients with a better quality of life."
FRLN

Hot Stocks

08:21 EST Freeline publishes proof-of-concept data for FLT190 to treat Fabry disease - Freeline Therapeutics announced the publication of preclinical proof-of-concept data for its gene therapy candidate for Fabry disease, FLT190, in the Nature journal Gene Therapy. Fabry disease is a debilitating genetic disorder in which an enzyme deficiency leads to a harmful build-up of fat in the cells that causes progressive organ damage and can result in early death."People living with Fabry disease can experience debilitating symptoms and disease progression, even with current treatments. There is a pressing need for therapies with more lasting efficacy that are less burdensome on Fabry families," said Pamela Foulds, M.D., Chief Medical Officer at Freeline. "We are encouraged by these preclinical data that support our ongoing Phase 1/2 clinical trial of FLT190 and our belief in FLT190 as a potential life-changing, one-time therapy for people with Fabry disease."
MCHP

Hot Stocks

08:20 EST Microchip announces hybrid power drive module - Microchip Technology announces a new comprehensive hybrid power drive module, the first variant introduced in the new product line of power devices that will be available in 12 different variants with either silicon carbide MOSFETs or insulated-gate bipolar transistors. These hybrid power drive modules are highly integrated power semiconductor devices that reduce the number of components and simplify the overall system design. The configurable power devices include a three-bridge topology that are available in SiC or Si semiconductor technologies. Offering a compact design and low weight and profile, these high-reliability power devices help reduce the size and weight of MEAs.
NTRA

Hot Stocks

08:19 EST Natera announces new data on MRD test to be presented at ASCO GI 2023 - Natera announced that new data on its personalized and tumor-informed molecular residual disease, MRD, test, Signatera, will be presented at the American Society of Clinical Oncology's 2023 Gastrointestinal Cancers Symposium, ASCO GI, taking place January 19 - 21, 2023 in San Francisco, California. The presentations will highlight findings on the utility of Signatera for MRD assessment in colorectal, esophageal, gastric and anal cancers, in a total of five presentations. "On the heels of the groundbreaking CIRCULATE-Japan results just released, we are excited to share additional data further underscoring the real-world utility of Signatera in GI cancers," said Solomon Moshkevich, general manager of oncology at Natera. "This data continues to reinforce the value of personalized and tumor-informed MRD testing across different treatment settings." The preliminary findings from this study suggest that though cfDNA concentration is significantly increased in the first 2-4 weeks, Signatera detection rates remained consistent with those of weeks 4-8, indicating that standard MRD testing windows could start two weeks after surgery.
LIFE

Hot Stocks

08:18 EST aTyr: EPO okays use of efzofitimod with pirfenidone patent for lung inflammation - aTyr Pharma announced that the European Patent Office, EPO, has provided a Notice of Allowance for a patent covering methods for the use of histidyl-tRNA synthetase HARS Fc fusion proteins for reducing inflammation or fibrosis in the lung. The patent application No. 18 787408.6, titled, "Compositions and methods for treating lung inflammation," covers the use of the company's lead therapeutic candidate, efzofitimod, in combination with the anti-fibrotic agent pirfenidone. "We are pleased with the EPO Notice of Allowance for this patent covering compositions and methods comprising the use of efzofitimod in combination with pirfenidone, an anti-fibrotic agent currently approved for the treatment of idiopathic pulmonary fibrosis OR IPF , the most fibrotic form of ILD, and being investigated in other forms of progressive fibrosing lung diseases," said Sanjay S. Shukla, M.D., M.S., President and Chief Executive Officer of aTyr. "This patent builds on the preclinical data demonstrating efzofitimod's potential ability to improve inflammation and fibrosis in models of IPF and other ILD."
JNJ

Hot Stocks

08:18 EST J&J, partners to discontinue Phase 3 Mosaico HIV vaccine clinical trial - The Janssen Pharmaceutical Companies of Johnson & Johnson, together with a consortium of global partners, yesterday announced the results of an independent, scheduled data review of the Phase 3 Mosaico study of Janssen's investigational HIV vaccine regimen. The study's independent Data and Safety Monitoring Board, or DSMB, determined that the regimen was not effective in preventing HIV infection compared to placebo among study participants. No safety issues with the vaccine regimen were identified. In light of the DSMB's determination, the Mosaico clinical trial will be discontinued. Participant notifications and further analyses of the data are underway. Throughout the trial, study investigators have ensured that any individuals who contracted HIV received prompt HIV treatment and care. "We are disappointed with this outcome and stand in solidarity with the people and communities vulnerable to and affected by HIV. Though there have been significant advances in prevention since the beginning of the global epidemic, 1.5 million people acquired HIV in 2021 alone, underscoring the high unmet need for new options and why we have long worked to tackle this global health challenge. We remain steadfast in our commitment to advancing innovation in HIV, and we hope the data from Mosaico will provide insights for future efforts to develop a safe and effective vaccine," said Penny Heaton, M.D., Global Therapeutic Area Head, Vaccines, Janssen Research & Development. Reference Link
BIGC

Hot Stocks

08:18 EST BigCommerce announces Aadms to join company as SVP, general manager for EMEA - BigCommerce announced that ecommerce industry veteran Mark Adams will join the company as senior vice president, SVP, and general manager for EMEA. Adams previously led BigCommerce's entry into the European market from 2018 to 2020 and established the team that has been driving EMEA growth since then. Adams joins BigCommerce following two and a half years as CEO of Attraqt, where he led the publicly listed company through the global pandemic and completed multiple acquisitions, ultimately leading to the company's December 2022 acquisition by K1 Investment Management. Adams succeeds Jim Herbert, who recently assumed the role of CEO of Patchworks, a BigCommerce technology partner.
NRGV UAL

Hot Stocks

08:16 EST Energy Vault appoints Fariello to board of directors - Energy Vault (NRGV) announced the appointment of Theresa Fariello to the Company's Board of Directors effective February 1, 2023. She replaces Henry Elkus, Founder and CEO of Helena, a strategic partner and Series B-1 investor in Energy Vault, upon his concurrent departure from the Board. Fariello has served as Senior Vice President of Government Affairs & Global Public Policy for United Airlines (UAL) since 2017.
LIFE

Hot Stocks

08:15 EST EPO gives notice for use of efzofitimod with pirfenidone patent for lung inflama - aTyr Pharma announced that the European Patent Office, EPO, has provided a Notice of Allowance for a patent covering methods for the use of histidyl-tRNA synthetase HARS Fc fusion proteins for reducing inflammation or fibrosis in the lung. The patent application No. 18 787408.6, titled, "Compositions and methods for treating lung inflammation," covers the use of the company's lead therapeutic candidate, efzofitimod, in combination with the anti-fibrotic agent pirfenidone. "We are pleased with the EPO Notice of Allowance for this patent covering compositions and methods comprising the use of efzofitimod in combination with pirfenidone, an anti-fibrotic agent currently approved for the treatment of idiopathic pulmonary fibrosis OR IPF , the most fibrotic form of ILD, and being investigated in other forms of progressive fibrosing lung diseases," said Sanjay S. Shukla, M.D., M.S., President and Chief Executive Officer of aTyr. "This patent builds on the preclinical data demonstrating efzofitimod's potential ability to improve inflammation and fibrosis in models of IPF and other ILD."
MDVL

Hot Stocks

08:14 EST Medavail to exit pharmacy services, SpotRx, reduce staff by 75% - The company said, "MedAvail is exiting the pharmacy services and SpotRx business. While the business has opportunities for growth and the company demonstrated an ability to significantly scale its retail pharmacy operations, it is not aligned with the company's strategy to shorten its path to profitability. Based on the renewed focus on pharmacy technology and exit of pharmacy services, the company is reducing its staff by approximately 75 percent. The actions that are being undertaken by MedAvail are expected to result in annualized operating expense savings of $35 million to $37 million compared to the full year 2022. The company's business following the exit from the pharmacy services business will solely consist of its pharmacy technology business. Total sales for the pharmacy technology business in 2022 is expected to be in the range of $1.2 million to $1.4 million, which included a retail segment that will not be part of MedAvail's sales channel focus going forward. The company expects pharmacy technology to support strong growth in 2023 over 2022 with respect to this business. Further, pharmacy technology has historically attracted higher margins than the pharmacy services segment."
EVLV

Hot Stocks

08:14 EST Evolv works with JICHS to help make classrooms, athletic facilities safer - Evolv Technology announced its partnership with James Island Charter High School, JICHS, in Charleston, South Carolina. The school joins over two dozen other school buildings in the state and hundreds around the county utilizing Evolv's advanced security systems to help make campuses safer while supporting a connected, engaged, and welcoming school community. James Island Charter High School uses Evolv's Evolv Express solution to screen 1,600 students every day as they arrive through the building's two entrances. The school also used one of its two systems at its football field, screening 5,000 people at one of its playoff games this fall. "From their ID checks to our weapons detection, Evolv is proud to be a part of James Island Charter High School's approach to security," said Peter George, CEO of Evolv Technology. "More and more schools are choosing Evolv to help keep their communities safer because we work with them to meet their specific security needs in the most effective manner. We bring our innovative solutions to schools so that the focus for students, staff and teachers can remain on education."
MDVL

Hot Stocks

08:13 EST Medavail says pharmacy technology represents 'significant growth opportunity' - The company said, "MedAvail's pharmacy technology business represents a significant growth opportunity. Through this business, MedAvail offers customers the ability to purchase the MedCenter and to license MedAvail's software in order to provide point of prescription dispensing solutions under their own brands. This offering generates a profitable recurring revenue stream and favorable unit economics, such as a gross margin for 2022 that is expected to be greater than 45%. MedAvail's MedCenter technology platform enables remote medication dispensing through MedAvail's proprietary kiosks which are integrated into the customers' patient-care information systems. Patients interacting with these kiosks are able to consult virtually with a customer-employed pharmacist and to fill their prescriptions at the point of care through the MedCenter, eliminating the need to make a separate trip to a pharmacy. Increasing patient access to prescription medications with expert services at the point of prescribing contributes to increased patient satisfaction and addresses key barriers to medication adherence. The restructured company will focus on technology and pharmacy management integrations to support its substantial pipeline for new partnerships. The pharmacy technology business today addresses a large opportunity with urgent care sites, expanding patient access to quality pharmacy care and prescription medications quickly and efficiently, and the company is focused on broadening its footprint within this channel. MedAvail will also grow its technology business with value-based providers by leveraging its proven track record of adding significant value to value-based care providers with the former SpotRx business."
GENI

Hot Stocks

08:12 EST Genius Sports, TSN partner to deliver inaugural augmented NFL playoff on TSN+ - TSN and Genius Sports have struck a new agreement to deliver cutting-edge broadcasts of NFL games on the newly launched TSN+ streaming product. As the official data partner of the NFL, Genius Sports will power augmented broadcasts throughout the upcoming NFL Playoffs and Super Bowl LVII, delivering a revolutionary experience for NFL fans on TSN+. TSN+ broadcasts will feature Genius Sports' full suite of augmentation tools which power live feeds on competitions including the NFL, EPL, NBA, March Madness and more.
MDVL

Hot Stocks

08:12 EST Medavail to focus on pharmacy technology, exit pharmacy services, SpotRx - MedAvail Holdings announced the execution of a strategic restructuring and reprioritization of its business targeted to deliver profitability. Following an extensive review of the market landscape, growth strategy and structure of the business, the company is taking actions and restructuring its organization to focus on its pharmacy technology business and exit its pharmacy services and SpotRx business. With respect to the pharmacy services and SpotRx business, the company has hired a broker and is in active negotiations regarding the sale of its pharmacy assets. These actions aim to significantly reduce headcount and cash burn, which position the company to achieve its goals of delivering profitable growth and positive cash flow sooner. In connection with the restructuring, the company is also evaluating multiple financing options, including with existing investors. "We believe that the critical steps we are taking to focus on our pharmacy technology business provide a clear roadmap to delivering profitable and sustainable growth and to maximizing value of the Pharmacy Tech business for our shareholders," said Mark Doerr, CEO of MedAvail.
CNCE

Hot Stocks

08:11 EST Sun to acquire Concert for $8 per share of stock in cash - Sun Pharmaceutical Industries and Concert Pharmaceuticals announced that they have executed a definitive agreement under which Sun Pharma will acquire all outstanding shares of Concert through a tender offer for an upfront payment of $8.00 per share of common stock in cash, or $576M in equity value. Concert stockholders will also receive a non-tradeable contingent value right entitling holders to receive up to an additional $3.50 per share of common stock in cash, payable upon deuruxolitinib achieving certain net sales milestones within specified periods, subject to the terms and conditions contained in a contingent value rights agreement detailing the terms of the CVRs. The transaction was approved by the Boards of Directors of both companies. Transaction Terms and Timeline to Closing: Under the terms of the merger agreement, Sun Pharma will promptly commence a tender offer to acquire all outstanding shares of Concert common stock. Concert stockholders will be offered an upfront payment of $8.00 per share of common stock in cash. Concert's Board of Directors unanimously recommends that Concert stockholders tender their shares in the tender offer. Concert stockholders will also receive a non-tradeable CVR, which entitles Concert stockholders to receive up to an additional $3.50 per share of common stock in cash, payable upon deuruxolitinib achieving certain net sales milestones within specified periods, subject to the terms and conditions contained in the contingent value rights agreement detailing the terms of the CVRs. The transaction is expected to be completed in the first quarter of 2023. The transaction is subject to the tender of a majority of the outstanding shares of Concert's common stock, as well as the receipt of applicable regulatory approvals and other customary closing conditions. Following the successful closing of the tender offer, Sun Pharma will acquire all remaining shares of Concert that are not tendered into the tender offer and all shares of Concert's preferred stock through a second-step merger at the same price of $8.00 per share of common stock, plus one non-tradeable CVR. The merger will be effected as soon as practicable after the closing of the tender offer. Sun Pharma had net cash of $1.6 billion as of September 30, 2022.
APGN

Hot Stocks

08:10 EST Apexigen announces new data evaluating agonist antibody sotigalimab for CD40 - Apexigen announced the presentation of new data from Phase 2 multicenter clinical trials evaluating sotigalimab or sotiga , Apexigen's agonist antibody targeting CD40, in two poster presentations at the ASCO Gastrointestinal Cancers Symposium, being held both virtually and in San Francisco, California from January 19-21. "We are excited to present new data at ASCO demonstrating sotiga's differentiated mechanism of action and ability to expand anti-tumor immune responses by modulating the tumor microenvironment for increased therapeutic effect," said Frank Hsu, M.D., Chief Medical Officer of Apexigen. "In patients with esophageal/gastro-esophageal junction cancer, single-agent sotiga turned immunologically "cold" tumors "hot" by inducing significant inflammatory responses in the TME. Following a single dose of sotiga monotherapy there was an increase in T cell density, particularly activated and memory cytotoxic T cells and macrophages. Although patient sample numbers are small, pathologic complete responses were associated with an increased density of T cells following a single dose of sotiga. In a separate study, results demonstrated that adding sotiga to short-course radiation therapy (SCRT) led to increased activation of anti-cancer immune cells, including T cells, B cells and dendritic cells in the TME of rectal cancer patients compared to SCRT alone. We believe sotiga has the potential to provide meaningful clinical benefit across multiple solid tumor indications and become a backbone of combination therapy to address the need for innovative treatment options. We look forward to providing further updates as we advance our clinical program."
NAUT

Hot Stocks

08:10 EST Nautilus Biotechnology, TGen partner to explore proteomic analysis in DIPG - Nautilus Biotechnology and the Translational Genomics Research Institute, part of City of Hope, today announced a partnership to explore the utility of the Nautilus platform by studying specific protein targets in diffuse intrinsic pontine glioma, a rare and often fatal childhood cancer. The goal of the partnership between Nautilus and TGen is to better understand the epigenetic mechanisms at work in DIPG by interrogating the proteoform landscape of specific proteins at the single-molecule level. In doing so, TGen plans to explore the combination of alterations and modifications present on these proteins that are not possible to detect by peptide-based protein analysis methods. This collaboration represents the fifth early collaboration program for Nautilus as it advances towards broader platform access in 2023 and commercial launch in 2024. The partnership will commence in early 2023 and the team intends to publish its findings once the study is completed.
IIPR

Hot Stocks

08:08 EST Innovative Industrial Properties reports Q4 activity, shares fall 13% - Last night, Innovative Industrial Properties announced: "Rent collection for IIP's operating portfolio was as follows: 92% collected as of today for the month ending January 31, 2023 (including approximately $324,000 of a security deposit applied for payment of rent for IIP's lease with Holistic Industries Inc. at IIP's Michigan property and receipt of the full rent payment from Sozo Health, Inc.; 94% collected for the three months ended December 31, 2022; and 97% collected for the year ended December 31, 2022. As of January 18, 2023: SH Parent was in default on its obligations to pay rent at one of IIP's Pennsylvania properties. Rent was paid in full through January 31, 2023 on all other IIP properties leased by Parallel. Green Peak Industries was in default on its obligations to pay rent at one of IIP's Michigan properties under construction. Rent was paid in full through January 31, 2023 on all other IIP properties leased by Skymint. Affiliates of Medical Investor Holdings were in default on their obligations to pay rent at IIP's California properties." Shares of Innovative Industrial Properties are down 13% in pre-market trading at $96.75.
NEXT ITOCY

Hot Stocks

08:08 EST NextDecade, Itochu to execute 1.0 MTPA LNG sale, purchase agreement - NextDecade (NEXT) announced the execution of a 15-year sale and purchase agreement, SPA, with Itochu Corporation (ITOCY) for the supply of liquefied natural gas, LNG, from NextDecade's Rio Grande LNG, RGLNG, export project in Brownsville, Texas. Under the SPA, ITOCHU will purchase 1.0M tonnes per annum of LNG indexed to Henry Hub on a free-on-board basis. "We are honored to have Itochu Corporation as our first Japanese customer," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. "We look forward to providing Itochu and their customers with LNG, and we are actively working to reduce the carbon footprint of the Rio Grande LNG facility through our proposed carbon capture and storage project."
DXR

Hot Stocks

08:08 EST Daxor joins Heart Failure Society of America as corporate member - Daxor Corporation announces joining the Heart Failure Society of America as a corporate member to collaborate and deepen engagement with leaders in the field of heart failure. "The HFSA is the premier society focused on improving Heart Failure outcomes, a condition that more than 6 million Americans suffer from - one of the most prevalent, complex, and deadly diseases leading to nearly 1 million deaths and 1 million hospitalizations annually," said Michael Feldschuh, CEO and President of Daxor Corporation. "We have been a long-time exhibitor at the HFSA annual meeting where valuable BVA research has been presented annually. Now as a corporate member, we have the opportunity to further advance our BVA-100 technology and strengthen our relationship with heart failure leaders to improve adoption of our products and better the lives of heart failure patients."
BBBY

Hot Stocks

08:08 EST Bed Bath & Beyond: buybuy BABY launches exclusive brand, ever & ever - Bed Bath & Beyond announced that buybuy BABY has launched its second exclusive brand, ever & ever. An exclusive collection of high-quality, long-lasting apparel, bedding, furniture and more, ever & ever reflects a modern interpretation of classic styles for everyday play, inspired by the sweetness of early childhood. Available now across buybuy BABY stores, five star-rated app and online at buybuybaby.com, ever & ever delivers a fresh take on traditional style and was designed to grow and stay with the family so they can spend more time savoring life moments that matter most.
ICPT

Hot Stocks

08:07 EST FDA accepts Intercept NDA for OCA to treat NASH pre-cirrhotic liver fibrosis - Intercept Pharmaceuticals announced that the U.S. Food and Drug Administration has accepted Intercept's New Drug Application NDA for obeticholic acid OCA seeking accelerated approval for the treatment of patients with pre-cirrhotic liver fibrosis due to nonalcoholic steatohepatitis, NASH. FDA indicated that it considers this a complete, Class 2 resubmission and has assigned a Prescription Drug User Fee Act PDUFA target action date of June 22 for the NDA. The timeline for the review of the NDA by FDA remains subject to change. "This regulatory milestone brings us one step closer to reaching our goal of delivering the first available therapy for patients living with pre-cirrhotic fibrosis due to NASH - the most rapidly growing cause of liver transplantation in the U.S.," said Jerry Durso, President and Chief Executive Officer of Intercept. "We believe OCA has the potential to become an important therapy given its strong and direct antifibrotic effect, and we look forward to continuing our work with FDA over the coming months as they review our NDA."
ACLS

Hot Stocks

08:07 EST Axcelis reports multiple Purion Power Series implanter orders - Axcelis announced multiple new penetrations and follow-on shipments of the Purion Power Series vion implanter systems. The shipments were delivered to fabs throughout Asia, Europe and the US operated by SiC power device chipmakers. The models of Purion Power Series implanters purchased, including the Purion H200 high current, Purion XE high energy and the Purion M medium current implanters, will be used in high volume production of power devices supporting automotive industry EV applications. The company forecasts that the power device market will represent 35% to 40% of its systems shipments in 2022, and expects this to grow further in 2023.
LFVN

Hot Stocks

08:06 EST LifeVantage announces LV360 transformation inititiatives - LifeVantage Corporation announced major transformation initiatives including Evolve, an innovative approach to Consultant compensation. LV360 initiatives were announced to Consultants during the Rock the Rhythm event on January 18, 2023. The event was simultaneously broadcast in the U.S., Australia, New Zealand, and Japan markets, to an audience of over 10,000. In addition to Evolve, LV360 initiatives include a new Customer loyalty program called Rewards Circle. Both Evolve and Rewards Circle are scheduled to launch in the U.S., Australia, New Zealand, and Japan on March 1, 2023. These initiatives are planned to roll out to other markets where LifeVantage products are sold and distributed over the next 12 months. New products, the Rise AM & Reset PM System and LifeVantage D3+, were also announced as the Company continues to advance its product innovation roadmap, building on the strong momentum from its recent introduction of Liquid Collagen. LV360 initiatives also include a revamped e-commerce experience as well as major enhancements to Account and Subscription management. Several new promotions and incentives will be rolling out in advance of the March 1st launch to help Consultants prepare for the exciting new opportunities that lie ahead. Over the coming weeks the Company will host over 50 roadshows and virtual training sessions globally aimed at developing rising, confident leaders, excited to share this cutting-edge opportunity with others. Regional Evolve events will also be held in March in the U.S., Australia, and Japan to continue field support and training of these new initiatives.
UNH

Hot Stocks

08:06 EST UnitedHealth expands health offerings with virtual behavioral coaching - UnitedHealthcare, one of the businesses of UnitedHealth Group, announces effective Jan. 1, 2023, the virtual behavioral coaching program, administered by Optum, provides support for adults experiencing symptoms of mild depression, stress and anxiety, through digital modules and 1:1 video or telephonic conferencing and messaging with trained coaches. "UnitedHealthcare recognizes the intrinsic link between behavioral health and physical health, and is dedicated to integrating behavioral health into medical care," said Dr. Rhonda Randall, chief medical officer, UnitedHealthcare. "With 1 in 5 Americans experiencing a mental illness within a given year, it's important for us to offer a range of low acuity to high acuity support programs for those who may need it, with the goal of helping to address access and affordability challenges."
JTKWY

Hot Stocks

08:05 EST Grubhub partners with RapidSOS to enhance driver safety - Grubhub announced it is enhancing safety for its delivery partner community by linking into RapidSOS, the intelligent safety platform that routes life-saving data to first responders in an emergency. The partnership will provide Grubhub delivery partners the ability to share dynamic location data as well as caller ID (name, phone number) directly to 911 responders when an emergency call is placed via the Grubhub for Drivers App. The integration is now available in New York City, Boston, Philadelphia and Chicago and will roll out nationwide by mid-2023.
BEEM

Hot Stocks

08:05 EST Beam Global issued patents in China, India for thermal management technology - Beam Global announced the issuance of another patent by the China National Intellectual Property Administration and the Office of the Controller General of Patents, Designs and Trade Marks in India, that cover the Company's battery safety technology, with the patent title Thermal State of Charge Estimation of Phase Change Material in a Battery Pack with a PCM Thermal Management System products. The Chinese Patent Certificate for Patent No. ZL 2018 8 0026414.8 issued December 6, 2022, and the Indian Patent Certificate for Patent No. 412569 issued November 25, 2022, are for Beam Global's smart battery management system that monitors thermal storage capacity of the phase change material and automatically adjusts the power output of the battery packs and cells as a function of the thermal storage capacity of the phase change material to provide a heat output within a predetermined safe temperature limit.
CYN

Hot Stocks

08:05 EST Cyngn appoints Chris Wright as Head of Sales - Cyngn announced the appointment of Chris Wright as Head of Sales. Wright has over 30 years of experience in sales, bringing a wealth of knowledge and industry expertise in both robotics and manufacturing. Chris Wright brings extensive experience and sales leadership in the robotics industry. Most notably, Wright served as Vice President of Sales from 2017 to 2022 at Brain Corp, a robotic AI software company that powers autonomous mobile robots for commercial, public spaces.
HYMC

Hot Stocks

08:04 EST Hycroft Mining completes Phase 1 of its 2022-2023 exploration drill program - Hycroft Mining announces it has completed Phase 1 of its 2022-2023 exploration drill program and will soon be transitioning to Phase 2 of the program. The overall focus of the 2022-2023 exploration drill program is to improve the understanding of the higher-grade intercepts, better understand the mineralization controls, test exploration targets outside the currently known deposits, and through this work develop opportunities to mine higher-grade ore early in the mine plan which would enhance the project's economics.
PRPL

Hot Stocks

08:04 EST Purple Innovation special committee comments on Capital Management filing - Purple Innovation responded to the amended Schedule 13D filed with the SEC by Coliseum Capital on January 17. The statement by the Special Committee of the Board states, among other things: "The Special Committee values Coliseum's investment in Purple and shares Coliseum's enthusiasm for, and confidence in, the company's plan and management team. However, the Special Committee is disappointed that within days of the Special Committee rejecting Coliseum's inadequate and below-market buyout proposal, Coliseum is seeking to replace most of the Board...Coliseum's Managing Partner Adam Gray has served on the Board since the time that Purple went public in 2018...Coliseum's current proposal to reconstitute Purple's Board of Directors goes beyond what we consider appropriate: Coliseum is seeking the right to appoint, identify or approve every member of Purple's Board...We remain interested in working cooperatively with Coliseum, and we will continue to seek to do so while protecting the interests of all shareholders."
LOW

Hot Stocks

08:03 EST Lowe's announces in-store kids' birthday party program - Lowe's announced an in-store kids' birthday party program that aims to inspire the next generation of builders while giving parents a comprehensive one-stop party solution. Lowe's Build a Birthday parties take its successful, long-standing, monthly kids' workshops to a whole new level. Beginning January 19,, parents can book a paid, private party in 10 Lowe's stores across the U.S.
LIVE

Hot Stocks

08:03 EST Live Ventures acquires Flooring Liquidators for $84M - Live Ventures has acquired the outstanding equity interests of Flooring Liquidators, a retailer and installer of floors, carpets, and countertops to consumers, builders and contractors in California and Nevada. The transaction, valued at approximately $84M, was financed through a combination of cash, debt, including a $5M note from Isaac Capital Group, and the issuance of 116,441 shares of our common stock, representing a 3.78% dilution of Live Ventures' fully diluted common stock. As part of the acquisition, Live Ventures will retain Flooring Liquidators' existing management team and all 625 employees and contractors. As part of the transaction, Live Ventures also acquired Floorable, LLC, the company's franchise opportunity utilizing proprietary in-home shopping mobile showrooms and an established back-office support system along with K2L Leasing, LLC and SJ &K Equipment, Inc.
DFS

Hot Stocks

08:03 EST Discover sees FY23 NIM modestly higher vs. FY22 - In slides presented on its quarterly earnings conference call, Discover said it remains well-positioned to generate "resilient" returns through a range of economic environments. The company said it expects loan growth for FY23 to be in the low double digits, with operating expense up less than 10% vs. prior year. Discover also expects the full year average net charge-off rate of 3.5%-3.9% and says $2.8B remains under the current share repurchase plan authorization that expires on June 30.
RBLX

Hot Stocks

08:02 EST Roblox falls 7% to $33.33 in pre-market after Morgan Stanley downgrade
CMDXF

Hot Stocks

07:59 EST CMG, McDaniel, Hatch enter strategic agreement fo CCS solution - Computer Modelling Group, McDaniel & Associates Consultants and Hatch announce that they have entered into a strategic agreement to deliver a comprehensive, end-to-end solution for the planning and execution of carbon capture and storage projects globally. With the global presence and expertise of the three companies, this collaboration provides a streamlined, expert advisory and technology solution that supports the full scope of CCS projects including feasibility, subsurface modelling, regulatory, and surface facility planning and execution.
BOWL

Hot Stocks

07:57 EST Bowlero CEO sells $1.0M in common stock - In a regulatory filing, Bowlero disclosed that its CEO Thomas Shannon sold 71K shares of common stock on January 13th in a total transaction size of $1.0M.
JAZZ ZYME

Hot Stocks

07:50 EST Jazz Pharmaceuticals, Zymeworks report 84% survival for zanidatamab in mGEA - Jazz Pharmaceuticals (JAZZ) and Zymeworks (ZYME) today announced tolerability and efficacy results, including the first overall survival (OS) data, from a Phase 2 trial examining zanidatamab, an investigational HER2-targeted bispecific antibody, in combination with chemotherapy, in first-line patients with HER2-expressing metastatic gastroesophageal adenocarcinoma, or mGEA. Preliminary results showed that median OS had not yet been reached with a median duration of study follow-up of 26.5 months. The 18-month overall survival rate was 84%. The data demonstrated zanidatamab combined with standard chemotherapy is a highly active treatment regimen for first-line therapy of HER2-positive mGEA. 18-month OS rate was 84%, 12-month OS rate was 88%, and the median overall survival had not yet been reached. Treatment with zanidatamab resulted in a confirmed objective response rate of 79%, a disease control rate of 92%, with three patients achieving complete response among 38 response-evaluable patients. The median duration of response was 20.4 months with a median progression-free survival of 12.5 months. The regimen was manageable, tolerable and consistent with the observed safety profiles reported for other standard combination regimens for patients with HER2-positive GEA. Zymeworks continues to enroll patients in the Phase 3 randomized clinical trial evaluating zanidatamab in combination with chemotherapy plus or minus tislelizumab as a first-line treatment for HER2-expressing mGEA.
ASGOF

Hot Stocks

07:47 EST Asante Gold reports December consolidated gold production of 24,180 ounces - Asante Gold Corporation announces a 20.7% increase in average monthly gold production for November and December 2022, as compared with the prior two months, from its Bibiani Gold Mine and Chirano Gold Mine in Ghana. Highlights: Continued its record of no lost time from injuries; Consolidated preliminary gold production of 23,760 and 24,180 ounces respectively for November and December; Completed final $30M deferred payment, completing the Bibiani acquisition; Completed ~$54M in first and second tranche payments on the Company's gold forward sale agreement in October 2022 and January 2023 through the delivery of 16,249.60 and 14,113.51 ounces of gold, respectively; Captured more than C$1.5M in cost reductions out of previously reported potential synergies between Chirano and Bibiani of approximately C$5.5M to $7M per year; Continued exploration at Bibiani and Chirano, targeting increased in mine life; Near mine exploration programs have reported significant success at South Russel and Aboduabo; The Chirano business improvement plan is advanced, targeting a 30% increase in production and a 10% decrease in AISC for calendar 2024; Bibiani ramp up on track with ~230,000 tonnes of ore processed in each of November and December, approximately 18% above plan; Chirano is achieving target production levels with ~285,000 tonnes of ore processed in December, up 7.5% from ~265,000 tonnes in November; Bibiani and Chirano have combined forecast production of approximately 400,000 ounces of gold for 2023. Dave Anthony, President and CEO, stated, "Over the past 12 months Asante has been transformed from an early-stage exploration company to a mid-tier gold producer. The significant production gains in November and December bode well for the achievement of our 400,000 ounce target from Bibiani and Chirano for the fiscal year ending January 31, 2024. Over the past five months we have made payments totaling $83.6M towards closing our Bibiani acquisition and repaying our gold forward sale agreement. Looking forward, we continue to capture the benefits of owning these two nearby operating mines, which incorporate a district scale land package with significant exploration potential. Value creation initiatives are proceeding across our business as we look to make Asante one of the top mining companies in Africa."
NCLH

Hot Stocks

07:43 EST NCL Corporation announces proposed offerings of senior secured notes - NCL Corporation is proposing to sell $500M aggregate principal amount of its senior secured notes due 2028 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes and the related guarantees will be secured by first-priority interests in, among other things and subject to certain agreed security principles, thirteen of our vessels that also secure our senior secured credit facility. The Notes will be guaranteed by our subsidiaries that own the vessels that will secure the Notes.The company intends to use the net proceeds from the Notes Offering to repay a portion of the term loans outstanding under a senior secured credit facility that will become due in January 2024, including to pay any accrued and unpaid interest thereon, as well as related premiums, fees and expenses.
PBIO

Hot Stocks

07:38 EST Pressure BioSciences reports results from focus group testing of THC Oral Spray - Pressure BioSciences announced results from initial consumer focus group testing of a THC Nanoemulsion Oral Spray prepared using PBI's revolutionary Ultra Shear Technology platform. Preparation of the THC Nanoemulsion Oral Spray was completed by PBI's California-based partner companies, including Creme De Canna, a CA-licensed manufacturer. John Hollister, PBI's Director of Sales and Marketing, explained: "Cannabinoids like THC are oil-soluble molecules that are typically poorly absorbed when ingested by our water-based human bodies. For THC edibles, most consumers report waiting 30-60 minutes for first effects and 60-90 minutes to peak effects. Impatient consumers may repeatedly consume their edibles, only to be unhappily over-dosed two hours later. Conversely, smoking and vaping produce first effects immediately and peak effects quickly but are increasingly in disfavor for the well-known respiratory health consequences that accumulate. PBI's partners in California used our revolutionary UltraShear platform to prepare extreme nanoemulsions of THC into an Oral Spray for consumer testing. Multiple test groups have confirmed that the UltraShear Nanoemulsion THC Oral Spray produces first effects between 1-10 minutes, often in the first 1-5 minutes, with peak effects reached in 15-60 minutes, often within 15-30 minutes. This testing has provided dramatic consumer-level validation in the cannabis market for our UltraShear nanoemulsion capabilities and for its expected market-changing impact. We are anticipating substantial revenues from the first THC UltraShear Nanoemulsion Oral Spray to be marketed by our California partners, beginning in this quarter."
NEXCF

Hot Stocks

07:36 EST Nextech AR Solutions showcases 'ARitize Holograms' tech at IAEE Expo - Nextech AR showcased its groundbreaking artificial intelligence powered Human Holograms technology, "ARitize Holograms", at the IAEE Expo. The ARitize Holograms platform is a first to market app powered by artificial intelligence that lets users create, share and view human holograms on a smartphone device with no green screen required. This proprietary machine learning solution takes care of processing the video capture into a human hologram in just a few minutes. It is a user-friendly application that provides access to life-size holograms of visitors and guests at any event, inside any venue, or at any location of their choosing throughout the conference or trade show. This metaverse software elevates an event experience through a new sponsorship opportunity,"selling the airspace" empowering event professionals with new and unique tools to engage with their attendees, speakers, and event partners.
SBFM

Hot Stocks

07:33 EST Sunshine Biopharma announces $2M stock repurchase program - Sunshine Biopharma announced its board of directors has authorized a share repurchase program to acquire up to $2M of the Company's common stock. The Company may purchase common stock on the open market, through privately negotiated transactions, or otherwise, in compliance with the rules of the United States Securities and Exchange Commission and other applicable legal requirements. As of September 30 the Company had approximately $40.5M of cash and cash equivalents. The Company had approximately 22.6M shares of common stock issued and outstanding as of November 7.
NVCR

Hot Stocks

07:33 EST Novocure announces organizational changes - Novocure announced organizational changes to prepare for future growth, effective Jan. 17. Pritesh Shah, Novocure's Chief Commercial Officer, will transition into a new executive role as Chief Growth Officer. In this role, Shah will have worldwide responsibilities for product and portfolio strategy, brand management, establishing a global framework for new launches, market access and market intelligence. Shah will also be responsible for new indications in the United States. After a review of Novocure's future needs, Ely Benaim, M.D., Chief Medical Officer, will step down from his role and leave the company. Dr. Benaim will partner with Novocure's executive leadership team to ensure a smooth transition of responsibilities. Piet Hinoul, M.D., Ph.D., currently Senior Vice President & Head of Global Medical Affairs, will assume the role of interim Head of Medical to ensure business continuity as the company continues its external search for the next Chief Medical Officer. Dr. Hinoul will report to Shah while Novocure concludes its executive search. Uri Weinberg, M.D., Ph.D., currently Chief Science Officer, will transition into a new role as Chief Innovation Officer. In this role, Dr. Weinberg will be responsible for expanding the innovative potential of Tumor Treating Fields therapy. Moshe Giladi, Ph.D., currently Senior Vice President, Preclinical Research, will assume the role of Chief Science Officer at Novocure.
PTN

Hot Stocks

07:32 EST Palatin begins enrollment in Phase 2 study of diabetic kidney disease candidate - Palatin announced the initiation of a Phase 2b clinical trial with the melanocortin agonist, bremelanotide. The BREAKOUT Study initiated patient screening/enrollment in December 2022, and currently expects to initiate patient dosing in January 2023. The study is designed to enroll up to 45 subjects, with biopsy-proven type II diabetic kidney disease and greater than1000 mg/gm UP/Cr ratio. The primary endpoint of the study is a 50% reduction in their urine protein/creatinine ratio after six months of combined therapy. Secondary endpoints include analyses of partial remission, clinical remission and change in eGFR. Based on current enrollment estimates, the BREAKOUT Study is expected to complete enrollment in 3Q23, with final topline data by end of 1Q24.
GPRK

Hot Stocks

07:31 EST GeoPark announces Q4 operational update - GeoPark announces its operational update for the three-month period ended December 31, 2022. Growing Production in Core Assets and Achieving Guidance: Consolidated average oil and gas production up 7% to 38,433 boepd; Annual 2022 average production of 38,620 boepd, within guidance; 2022 exit production of 37,700 boepd, with approximately 1,700 boepd of net production being deferred due to temporary shut-ins in the CPO-5 block in Colombia and lower gas demand in the Manati gas field in Brazil; Llanos 34 block 2022 annual average gross production up 2% to 57,016 bopd ; CPO-5 block 2022 annual average gross production up 50% to 18,600 bopd; GeoPark's full-year 2022 work program included drilling of 50 gross wells2 (40 operated), a record for GeoPark
VRE

Hot Stocks

07:17 EST Veris Residential shareholder Kushner responds to Veris Board statement - Veris Residential shareholder Kushner sent a response to Veris' Board of Directors following their update on discussions with Kushner Companies: The press release states, among other things: "...Despite Veris' repeated efforts to cast doubt on the credibility of our proposals, for the past several months Kushner has sought to work collaboratively with Veris. During this period, we have raised our offer price on multiple occasions, yet at no point has Veris provided any counterproposal, nor indicated a range of values at which it would be prepared to transact..Our financing partners, which the Board and its advisors know very well and have worked with extensively, forcefully reiterated their full commitment to the financing of our bid...Since that day, Kushner and its financing partners have worked diligently to finalize a potential confidentiality and standstill agreement with Veris that would provide us access to non-public information...After the January 13 video conference, a significant Veris shareholder filed a 13D amendment, disclosing that on January 12 that shareholder had met with the Veris nominating and corporate governance committee and requested representation on the Veris board...Since learning of that SEC filing, we have been evaluating the implications of this development. We have expressed to Veris on multiple occasions that we were continuing to assess the impact of this development before deciding on next steps. ..The actions taken by the Veris board today eroded shareholder value, with the stock plummeting to below $15.00 in after hours trading, and reinforced our longstanding concern that the Veris board is entrenched, and does not want to engage in good faith in discussions regarding a transaction that would result in a loss of its-and its chosen high-priced management team's-perks. Meanwhile, the Veris board has permitted insider share purchases and made new equity grants, despite being engaged in M&A discussions. Veris shareholders deserve a Board that recognizes its responsibilities, acts on its words, and engages in serious and transparent processes to achieve value for its shareholders. Unfortunately, Veris' current Board has shown neither the ability nor the willingness to so engage".
XRTX

Hot Stocks

07:14 EST Xortx: Xorlotm study shows increase in bioavailability of oxypurinol - Xortx Therapeutics announces positive topline results from the XRX-OXY-101 - Bridging Pharmacokinetics Clinical Trial characterizing the pharmacokinetics of the Company's proprietary formulation of oral oxypurinol, XORLOTM. Results from the Study showed that XORLOTM was well tolerated across the various dosing regimens. No safety issues were identified in any of the four parts of the Study on the 88 subjects who received drug. Results from the four parts of the Study showed a substantial increase in the bioavailability of oxypurinol with the XORLOTM formulation platform; increased dose proportionality compared to non-formulated oxypurinol; a multiple dosing regimen that achieved therapeutic target values; and confirmation of the innovations claimed in the recently granted US and EU patents regarding the Company's unique proprietary formulations of oxypurinol. Each of these results will provide key data to facilitate precise dosing recommendations for upcoming late stage Phase 3 registration trial in individuals with progressing kidney disease due to autosomal dominant polycystic kidney disease or ADPKD. Dr. Allen Davidoff, CEO of XORTX, stated, "We are pleased to have achieved this important milestone in the development of XORLOTM, the Company's proprietary oral formulation of oxypurinol. ... The drug product that can now be used to guide development of population pharmacokinetic models to inform dosing in individuals with ADPKD in our upcoming late stage Phase 3 registration
GMSQF TAP

Hot Stocks

07:13 EST Complexity Gaming renews partnership with Miller Lite - GameSquare Esports (GMSQF) announced that Complexity Gaming has renewed its partnership with Miller Lite (TAP) for the fourth consecutive year, reflecting the power of Complexity's brand within the esports market, and Miller Lite's commitment to supporting the gaming community and culture.
GNS

Hot Stocks

07:13 EST Genius Group appoints Murphy to lead illegal trading task force - The Board of Directors of Genius Group approved at a meeting of the Board held on Wednesday 18th January 2023, an action plan to address alleged illegal short selling of its stock. This action plan includes creating a Board-led 'Illegal Trading Task Force' to actively pursue all possible actions together with the regulators in their discovery and prosecution of persons engaging in market manipulation involving the ordinary shares of Genius Group. This Task Force will be led by Timothy Murphy, a Genius Group Director and former Deputy Director of the F.B.I., Richard Berman, also a Genius Group Director and chair of the Company's Audit Committee, and Roger Hamilton, the CEO of Genius Group. The Company has been in communication with government regulatory authorities and is sharing information with these authorities to assist them. The Board has also authorized the following actions: Advancing to the next stage of the legal process with Warshaw Burstein, LLP, and Christian Levine Law Group; Issuing a special dividend to all shareholders, which management believes may help to expose those who may have participated in market manipulation relating to the Company's ordinary shares; Exploring the possibility of a dual listing of Genius Group's ordinary shares, in the future.
NXTTF

Hot Stocks

07:12 EST Lifeist's Cannmart to introduces multi-pack cannabis products in Ontario - Lifeist Wellness announced that its wholly owned Canadian cannabis business unit CannMart has leveraged market research and consumer insights to introduce several higher margin multi-pack offerings in Ontario through the Ontario Cannabis Store that are believed to be first-to-market in the province. CannMart made its multi-pack entrance into Ontario with the Roilty Shatter Pack: Catacomb Kush 0.5G & The Mountain Kush 0.5G, featuring two shatters from Roilty in one package. As momentum grows on this format, the OCS has decided to list a second shatter multi-pack, Roilty Shatter Pack: The Mountain Kush 0.5G & Purple Dream. The new offering will be available in April 2023 via the OCS's Flow-Through Channel, which allows retailers to purchase products not listed on the OCS website for consumers, to further curate and differentiate their stores' product offerings. Additionally, the OCS has listed three General List Roilty multi-packs SKUs in the live resin, diamonds, and vape cart categories.
GWH

Hot Stocks

07:10 EST ESS Inc. to deliver iron flow battery solution to Amsterdam Airport Schiphol - ESS will deliver its iron flow battery solution to Amsterdam Airport Schiphol, the second largest airport in mainland Europe, in Q1 2023. The Energy Warehouse will be used in a pilot to enable the retirement of polluting diesel generators in the future as part of Schiphol Airport's ambitious sustainability plan. Schiphol is to be a zero-waste and emission-free airport in 2030. A pilot will be carried out with the Energy Warehouse to recharge Electric Ground Power Units, E-GPU. E-GPUs are batteries which will replace the diesel ground power units currently used to supply electrical power to aircraft when parked at the airport. "The decarbonization of air travel is crucial and Schiphol is leading the way," said Alan Greenshields, ESS director Europe. "We are proud to partner with a leading airport operator to demonstrate and pilot the key role that long-duration energy storage will play in helping to decarbonize airport operations and reduce ground level emissions, improving air quality for airport and airline employees and passengers."
VRNOF

Hot Stocks

07:09 EST Verano Holdings announces opening of MUV Navarre - Verano Holdings announced the opening of MUV Navarre on Friday, January 20, the Company's 63rd Florida dispensary and 121st nationwide. MUV Navarre, located at 6863 Navarre Parkway, is open Monday through Saturday from 9 a.m. to 5 p.m. and Sunday from 11 a.m. to 5 p.m., local time.
FAST

Hot Stocks

07:09 EST Fastenal says no 'broad pricing actions' taken in Q4 - The company said, "The overall impact of product pricing on net sales in the fourth quarter of 2022 was 350 to 380 basis points compared to the fourth quarter of 2021. The increase is from actions taken over the past twelve months intended to mitigate the impact of marketplace inflation for our products, particularly fasteners, and transportation services. We did not take any broad pricing actions in the fourth quarter of 2022, and price levels in the market remained stable. The favorable impact of product pricing moderated in the fourth quarter of 2022 relative to the third quarter of 2022 due to comparisons against initial price events that began in the third quarter of 2021. Spot prices in the marketplace for many inputs, particularly fuel, transportation services, and steel, have moderated over the last six months. Due to our long supply chain for imported fasteners and certain non-fastener products, however, it is likely to take several quarters before this is reflected in our cost of goods. The impact of product pricing on net sales in the fourth quarter of 2021 was 440 to 470 basis points."
RPTX OPHLY

Hot Stocks

07:08 EST Repare Therapeutics receives $1.5M payment from Ono Pharmaceuticals - Repare Therapeutics (RPTX) announced that the Company has received an approximately $1.5 M research service payment from Ono Pharmaceutical (OPHLY). The payment reflects achievement of a specified research trigger, under the companies' 2019 Strategic Partnership Agreement. Under the terms of the Ono Agreement, Repare is primarily responsible for carrying out research activities for its Pol program, now known as RP-2119, until the first submission of an IND in the U.S. or Japan. "This reflects an important milestone in our RP-2119 Pol program, as we undertake our IND-enabling studies and prepare for our previously guided initiation of clinical trials in the summer of 2023," said Kim Seth, Chief Business Officer of Repare.
KVHI

Hot Stocks

07:08 EST KVH Industries introduces KVH Managed Firewall, KVH Cloud Email - KVH Industries introduces two new value-added services for commercial vessels and fleets: KVH Managed Firewall, providing an added level of protection against cyber threats; and KVH Cloud Email, a reliable, secure email solution allowing commercial seafarers to send and retrieve email over any available data connection. Both services are compatible with KVH's TracNet hybrid terminals and TracPhone VSAT-only terminals.
HFFG

Hot Stocks

07:08 EST HF Foods Group appoints Prudence Kuai to board of directors - HF Foods Group has appointed Prudence Kuai, a 25-year veteran of the healthcare industry and a thought leader in applying technological advancements in operational process automation, eCommerce, utilization of artificial intelligence and data analytics, to the Company's board of directors effective January 17. As a result of Ms. Kuai's appointment, the Company's board of directors will now include four independent directors and Mr. Peter Zhang, the CEO of the Company.
SRDX

Hot Stocks

07:07 EST Surmodics provides update on FDA premarket approval application for SurVeil - Surmodics announced it has received a letter from the U.S. Food and Drug Administration, FDA, related to its premarket approval, PMA, application for the SurVeil drug-coated balloon, DCB. In the letter, the FDA indicated that the application is not currently approvable, while providing specific guidance as to a path forward. The letter stated that certain information within two general categories-biocompatibility and labeling-must be added by an amendment to the company's PMA application to place it in approvable form. Although the information identified by the Agency to put the PMA application in approvable form would require additional testing and analysis, the letter did not question the human clinical data submitted nor request any further human clinical data. "We are disappointed by the FDA's response to our PMA application and continue to have confidence in our SurVeil DCB including its compelling performance in the TRANSCEND clinical study," said Gary Maharaj, Chief Executive Officer of Surmodics, Inc. "We are evaluating the issues raised in the FDA's letter and plan to meet with Agency representatives regarding its contents. Based on our discussion with the Agency, our team and external advisors will determine the appropriate path forward. Concurrently, we will be evaluating options to reduce our use of cash given this development. We expect to address these topics further in connection with our upcoming first quarter fiscal 2023 earnings call."
TLRY

Hot Stocks

07:07 EST Alpine Beer launches INFINITE HAZE IPA - Alpine Beer announces the release of Infinite Haze, a Hazy IPA bursting with endless aromas of citrus and sweet, tropical fruits. Infinite Haze is the newest addition to Alpine's year-round lineup and is available now in 12-ounce cans in California, with plans for national distribution in 2023.
IDCC LNVGY

Hot Stocks

07:06 EST InterDigital wins decision from UK Court of Appeal in Lenovo dispute - InterDigital (IDCC) announced that it has won another key decision from a UK court in the company's litigation against Lenovo (LNVGY). The UK Court of Appeal upheld the lower court decision, confirming that Lenovo is infringing a valid and essential InterDigital cellular patent. In July 2021 the UK High Court ruled that the patent-in-suit is valid, infringed, and essential to the 4G LTE standard. A decision is pending in a separate trial to determine fair, reasonable and non-discriminatory terms for a license to InterDigital's portfolio. "We welcome this decision from the UK Court of Appeal which comes as further evidence of the foundational nature of our innovation and the quality and strength of our patent portfolio," commented Josh Schmidt, Chief Legal Officer, InterDigital.
AMRN

Hot Stocks

07:06 EST Amarin calls Sarissa statement 'inaccurate and misleading' - Amarin issued a statement in response to Sarissa Capital Management, which read in part, "Sarissa is tapping into shareholder frustration but not providing any answers or plans. How specifically does Sarissa plan to increase shareholder value? Contrary to Sarissa's misrepresentation of the facts, the Amarin Board of Directors' refreshment process has been comprehensive, independent and transparent. The Board engaged a leading independent search firm in October 2021 which identified each of the six new independent directors who have joined the Board in the last year. Throughout this process, the Board considered upwards of 30 candidates against clear selection criteria with critical skillsets needed to oversee Amarin's transformation plan including: international commercial experience, global pharma partnerships and M&A, pricing and reimbursement, finance and healthcare investment, clinical development and corporate governance. Amarin takes its Board refreshment process seriously and will not circumvent any step at the demand of one shareholder. The Board interviewed three of Sarissa's five proposed candidates, all of whom are Sarissa employees, alongside independent candidates the Board had identified. In addition, Sarissa demanded that at least three of their candidates be appointed in a matter of days after the names were finally shared with the Company. Of note, two of Sarissa's original five proposed candidates were junior Sarissa research analysts with less than five years of work experience. Throughout our engagement and during the interviews with their candidates, Sarissa never proposed a single idea to help advance the business. With no plan and no new ideas, Sarissa is not the answer. Sarissa is now putting forward seven underqualified candidates, three of whom are Sarissa employees, who collectively lack critical understanding of operating a commercial stage company and have minimal experience with European product launch, pricing and reimbursement and commercial expertise...With Amarin at a strategic inflection point, we believe Sarissa's misguided proxy contest will create significant disruption to the Company's efforts in driving positive pricing and reimbursement decisions in Europe, continued stabilization of the U.S. business, advancement of our international strategy and progress on our FDC program."
ETWO

Hot Stocks

07:06 EST E2open's Ocean Shipping Index revealed improved cross-ocean transit time - E2open Parent released the Q4 2022 edition of its Ocean Shipping Index, a quarterly report that offers data-driven insights to better manage the movement of goods around the globe and on key lanes between Asia, North America, and Europe. The e2open Ocean Shipping Index Q4 2022 Report shows that as of January 1, 2023, it takes a company an average of 63 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey. "While it is the most cost-effective transportation mode, ocean shipping has been in a constant sea of change. A company's constrained ability to predict the impact of external factors like shifting transit times, port congestion, and capacity fluctuations has complicated once-simple ocean shipping," said Pawan Joshi, executive vice president, products and strategy, for e2open. "The latest edition of the index highlights ongoing changes and provides valuable insights on global shipping lane trends. Incorporating these insights and trends at the moment of decision-making is key to unlocking immediate value and supporting resiliency across the end-to-end supply chain."
BWEN

Hot Stocks

07:04 EST Broadwind confirms receipt of notice from WM Argyle Fund - Broadwind confirmed receipt of notice from WM Argyle Fund , which allegedly owns approximately 1.0% of the Company's outstanding common stock valued at approximately $1.2M of its purported intent to nominate six individuals for election to the Company's Board of Directors at the Company's 2023 annual meeting of stockholders. The Board will consider the Fund's proposed nominees in due course and review the Fund's notice for compliance with its established procedures under the Company's bylaws and applicable law. The Board will present its recommendations in the Company's definitive proxy statement, which will be filed with the Securities and Exchange Commission and made available to all stockholders entitled to vote at the 2023 Annual Meeting. The Company has engaged with the Fund, as it would with any stockholder, and is disappointed that the Fund has chosen to initiate a costly and disruptive proxy contest, particularly given the Company's recent track record of value creation. Broadwind believes that the Fund's attempt to take over Broadwind's full Board represents a disguised attempt to seize control of the Company without paying a premium. However, Broadwind remains committed to maintaining an open dialogue while continuing to represent the best interests of all stockholders.
EDIT

Hot Stocks

07:03 EST Shoreline to acquire Editas' iNK cell franchise, related gene editing tech - Editas Medicine announced that it has entered into a definitive agreement with Shoreline Biosciences for Shoreline to license Editas Medicine's proprietary SLEEK and AsCas12a gene editing technologies and acquire Editas Medicine's preclinical gene edited induced pluripotent stem cell derived natural killer cell programs and related manufacturing technologies. Shoreline Biosciences is a private biopharmaceutical company developing next-generation cellular immunotherapies based on iPSCs utilizing proprietary iNK and macrophage platforms. Under the terms of the agreement, Shoreline will obtain an exclusive license to Editas Medicine's interest in SLEEK gene editing knock-in technology for use in Shoreline's iNK platform and for oncology in its iMACs platform, and on a non-exclusive basis for iMACs in other indications. Shoreline will also receive a non-exclusive license for the use of Editas Medicine's engineered AsCas12a enzyme. As part of the transaction, Shoreline will acquire EDIT-202, Editas Medicine's preclinical multiplexed edited iNK cell medicine for the potential treatment of solid tumors, as well as an additional iNK program under development and certain related manufacturing technologies. The acquisition of the Company's wholly owned oncology assets by Shoreline is part of Editas Medicine's strategic portfolio reprioritization, including its focus on the development of in vivo gene edited medicines. Shoreline will pay Editas Medicine an upfront payment at the close of the transaction. Additionally, Editas Medicine is eligible to receive future development and commercial milestone and royalty payments for each of the iNK programs and for future programs engineered with the gene editing technologies. Evercore Group LLC served as financial advisor to Editas Medicine on the transaction.
TEVA

Hot Stocks

07:03 EST Teva announces targets to reduce GHG emissions approved by SBTi - Teva Pharmaceutical Industries announced that its targets to reduce greenhouse gas, GHG, emissions have been approved by the Science Based Targets initiative, SBTi, providing external validation of the Company's ambitious commitments to minimize its environmental footprint. The targets validated by SBTi are to reduce absolute scope 1 and 2 GHG emissions by 46% by 2030, aligning to a 1.5 degrees C pathway, and reducing absolute scope 3 GHG emissions by 25% by 2030, aligning to a well-below 2 degrees C pathway.
EVGN

Hot Stocks

07:03 EST Evogene's Casterra signs agreement with leading energy company - Casterra, a subsidiary of Evogene, announced that it has entered into an agreement with one of the world's leading energy companies, whereby Casterra will provide its unique castor varieties and its broad know-how in cultivation of castor at a commercial scale for biofuel production. Under the framework of the agreement, the initial focus is the purchase agreement of castor seed varieties from Casterra for growing castor in specific African territories and the provision of technical support. The agreement also allows for the potential for long-term cooperation in castor cultivation between this customer and Casterra, with the potential for expansion into additional territories on the African continent.
SVRE

Hot Stocks

07:02 EST SaverOne 2014's safe driving system adopted by Israeli supermarket Shufersal - SaverOne 2014 announced that Shufersal, Israel's retail food chain, has installed the SaverOne system on part of its fleet of large food delivery trucks, which handle food delivery between its logistic centers. In the first phase which is a trial phase, the installation of the SaverOne System was completed on a group of 19 large delivery trucks out of the Shufersal truck fleet of 150. Furthermore, there is potential for further installations beyond this fleet, as Shufersal operates a further fleet of a few hundred smaller trucks for the delivery of food to the home. SaverOne's technology recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others such as navigation, without user intervention or consent, aiming to create a safer driving environment.
BGNE

Hot Stocks

07:02 EST BeiGene announces MHRA granted marketing authorization for BRUKINSA - BeiGene announced that the Medicines and Healthcare products Regulatory Agency, MHRA, has granted marketing authorizations for BRUKINSA in Great Britain for both the treatment of adult patients with chronic lymphocytic leukemia, CLL, and the treatment of adult patients with marginal zone lymphoma, MZL, who have received at least one prior anti-CD20-based therapy. The MHRA authorization for CLL is based on two global Phase 3 clinical trials: SEQUOIA, comparing BRUKINSA against bendamustine plus rituximab in patients with previously untreated CLL, and ALPINE, comparing BRUKINSA against IMBRUVICA in patients with relapsed/refractory CLL. "As a BTK inhibitor designed to maximize BTK occupancy and minimize off-target binding, we believe BRUKINSA presents a very promising treatment option for eligible patients with MZL and CLL," said Mehrdad Mobasher, M.D., M.P.H., Chief Medical Officer, Hematology at BeiGene.
PLTR

Hot Stocks

07:01 EST Palantir, Cleveland Clinic partner to improve hospital performance - Palantir Technologies and Cleveland Clinic announced a multi-year partnership to deliver an operations "Virtual Command Center" for Cleveland Clinic. The Virtual Command Center brings an innovative approach to driving operational excellence and improving patient access by enabling data-driven decision making and resource allocation on hospital frontlines.
SYBX

Hot Stocks

07:00 EST Synlogic's SYNB1934 granted Rare Pediatric Disease Designation by FDA - Synlogic announced that SYNB1934 was granted Rare Pediatric Disease Designation by the FDA for the potential treatment of phenylketonuria. The company expects to initiate Synpheny-3, the pivotal Phase 3 study for SYNB1934 in PKU in the first half of the year. Synlogic also received RPDD for SYNB1353 for the potential treatment of homocystinuria in December 2022.
CMA

Hot Stocks

06:59 EST Comerica sees Q1 average loans up over 1% vs. Q4 - Sees average deposits down 3%. Sees net interest income down 3%-6% with NIM 3.75%-3.85%. Sees noninterest income down 5% and noninterest expense down 3%-4%.
PG

Hot Stocks

06:59 EST Procter & Gamble reports Q2 gross margin down 160 bps vs. a year ago - Gross margin for the quarter decreased 160 basis points versus year ago, 100 basis points on a currency-neutral basis. The decline was driven by 380 basis points of increased commodity and input material costs, 130 basis points of negative product mix and 140 basis points of capacity start-up costs and other impacts. These were partially offset by benefits of 470 basis points from increased pricing and 80 basis points from gross productivity savings. Selling, general and administrative expense as a percentage of sales increased 10 basis points versus year ago and decreased 30 basis points on a currency-neutral basis. The decrease was driven by 130 basis points of leverage due to organic sales growth and 30 basis points of productivity savings, partially offset by 130 basis points of inflation, capability investments and other impacts. Operating margin for the quarter decreased 170 basis points versus the prior year, 70 basis points on a currency-neutral basis. Operating margin included gross productivity savings of 110 basis points.
PG

Hot Stocks

06:58 EST Procter & Gamble CEO says 'very difficult cost and operating environment' - "We delivered solid results in the second quarter of fiscal year 2023 in what continues to be a very difficult cost and operating environment," said Jon Moeller, Chairman of the Board, President and CEO. "Progress against our plan fiscal year to date enables us to raise our sales growth outlook for fiscal 2023 and maintain our guidance range for EPS growth despite significant headwinds. We remain committed to our integrated strategies of a focused product portfolio, superiority, productivity, constructive disruption and an agile and accountable organization structure. These strategies have enabled us to build and sustain strong momentum. They remain the right strategies to navigate through the near-term challenges we're facing and continue to deliver balanced growth and value creation."
PG

Hot Stocks

06:57 EST Procter & Gamble backs FY23 CapEx view approximately 5% of fiscal 2023 net sales - P&G continues to expect adjusted free cash flow productivity of 90% and expects to pay around $9 billion in dividends and to repurchase $6 billion to $8 billion of common shares in fiscal 2023. P&G now expects a core effective tax rate of approximately 20% in fiscal 2023.
CMA

Hot Stocks

06:57 EST Comerica sees 2023 average loans up 7%-8% vs. 2022 - Average loans +7 to 8% with growth in most businesses; Average deposits -7 to -8% as customers continue to utilize excess liquidity; Net interest income +17 to 20% reflecting net benefit from higher rates & loan growth; Credit Quality NCOs move toward lower end of normal range & continue to modestly build reserves; Noninterest income +5% with higher risk management income, card & fiduciary; partly offset by lower derivative income, deposit service charges & BOLI; assumes CVA & deferred comp do not repeat; Noninterest expenses +7% with pension up, assuming deferred comp does not repeat & lower modernization and +4% excluding pension & modernization, assuming deferred comp does not repeat; Tax FY tax rate ~23%, excluding discrete items; Capital Target CET1 of ~10%. Comments taken from Q4 conference call slides.
DG

Hot Stocks

06:56 EST Dollar General extends financial services with Ibotta partnership - Dollar General announced a partnership with Ibotta, which will extend Dollar General's financial services and offer cash back options to all consumers. As part of the partnership, Dollar General will join the Ibotta Performance Network, the first digital network that enables promotions to be delivered in a coordinated fashion across retailer platforms, large third-party publisher sites, and Ibotta's leading direct-to-consumer properties. Dollar General is the first retailer in its channel to join the IPN. Consumers can currently receive cash back rewards on items at Dollar General through Ibotta's platform and expect cash back rewards available directly through Dollar General's app and website by spring 2023.
KEY

Hot Stocks

06:54 EST KeyCorp sees FY23 NII up 6%-9%, noninterest income down 1%-3% - Sees Fy23 loans up 6%-9%, with deposits flat to down 2%, and relatively stable noninterest expense. Sees a GAAP tax rate of 19%-20%.
KEY

Hot Stocks

06:53 EST KeyCorp reiterates long-term targets - In the long term the company expects: positive operating leverage, cash efficiency ratio of 54%-56%, net charge-offs to average loans 40-60 basis points and ROTCE 16%-19%. Guidance taken from Q4 investor presentation slides.
NRXP

Hot Stocks

06:53 EST NRx Pharmaceuticals reaches alignment with FDA on manufacturing plan - NRx Pharmaceuticals announced that it had a meeting and a written response from the Food and Drug Administration last week regarding its lead compound, NRX-101. In response to a request for Type C guidance on the chemistry, manufacturing and controls aspects of the NRX-101 program, FDA provided Written Responses on January 10th. As previously announced in October 2022, an updated NRX-101 module 3 was submitted to add the intended commercial manufacturer to the IND. With FDA's written response, it appears that NRx Pharmaceuticals has reached alignment with the FDA regarding its proposed registration manufacturing plan. A Type B meeting with the FDA was held on January 11, 2023. Minutes of the meeting are expected to be available in approximately 30 days.
WBX

Hot Stocks

06:53 EST Wallbox implementing 15% workforce reduction - Wallbox announced measures to reduce costs to better align with its 2023 full year guidance. Reductions are balanced between operating and personnel expenses and will impact approximately 15% of the workforce. The company expects the changes to result in annualized cost savings for 2023 of approximately EUR50M. In Q4, the company also added more than EUR70M in cash and availability under working capital lines. As a result of these steps, the company anticipates to accelerate its path to profitability by almost one year. Enric Asuncion, Co-founder and CEO, said: "We invested heavily in manufacturing capacity and product innovation in 2022, which improves our long-term competitive position, and sets us up well for continued growth. However, as previously discussed, near-term disruptions in global supply chains have impacted EV delivery rates, and as a result, require us to better align our cost structure with the current demand environment."
FITB

Hot Stocks

06:52 EST Fifth Third sees Q1 total revenue down 4%-5% vs. 4Q22, consensus $2.29B - Sees Q1 net interest income down 1%-2% vs. 4Q22, with noninterest income down 11%-13% and average loans and leases stable. Sees Q1 noninterest expense up 6%-7%, with net charge-off ratio 25-30bps and an effective tax rate of roughly 23%.
FITB

Hot Stocks

06:51 EST Fifth Third sees FY23 total revenue up 9%-10% vs. FY22, consensus $9.34B - The company sees FY23 net interest income up 13%-14% vs. FY22, with noninterest income stable. Sees average loans and leases up 3%-4%, noninterest expense up 4%-5%, and a net charge-off ratio 25-35bps. Sees an effective tax rate of about 23%. Comments taken from Q4 earnings conference call presentation slides.
THC

Hot Stocks

06:51 EST Tenet Healthcare CFO Daniel Cancelmi retiring at year-end - Tenet announced leadership updates and operational organizational changes, including the retirement of Daniel Cancelmi, Executive VP & CFO, at the end of 2023. A national search is ongoing to identify a high performing successor. The retirement of Brett Brodnax, President & CEO of USPI, at the end of 2023 was also announced. Additionally, Andy Johnston has returned to USPI as its Chief Administrative Officer. He is anticipated to be promoted once Brodnax steps down. Brodnax has also offered ongoing support in a non-management role after the end of 2023. The announcement also included the retirement of Roger Davis, President & CEO of Conifer Health Solutions, at the end of 1Q23. A national search is in progress. Deepali Narula has been promoted to COO of Conifer. Deepali was previously Senior VP, HRCM Operations. Bryan Forry has been promoted to CFO of Conifer. Bryan was previously Controller, Hospital Operations and prior to that led performance management innovation, as well as CFO for Tenet's Arizona operations.
THC

Hot Stocks

06:48 EST Tenet Healthcare now sees 2022 adjusted EBITDA above $3.425B guidance midpoint - Tenet Healthcare expects to exceed the midpoint of its latest FY22 Adjusted EBITDA outlook range. Anticipates its Adjusted EBITDA, excluding any Q4 stimulus grant income related to the pandemic, slightly above the mid-point of its Adjusted EBITDA guidance of $3.425B for 2022. "Our business units continued to demonstrate effective management capabilities and delivered strong results in Q4," said Saum Sutaria, CEO. "All three of our business units are expected to produce Adjusted EBITDA excluding grant income that was at or slightly above the mid-point of our guidance. We look forward to providing more details in a few weeks along with sharing plans to support a successful 2023."
TD SCHW

Hot Stocks

06:41 EST Toronto-Dominion comments on expected impact of Charles Schwab's Q4 earnings - TD Bank Group (TD) announced that it expects The Charles Schwab Corporation's (SCHW) fourth quarter earnings to translate into approximately C$285M of reported equity in net income of an investment in Schwab for the Bank's fiscal 2023 first quarter. Excluding acquisition-related charges of approximately C$13M after-tax and amortization of acquired intangibles of approximately C$30M after-tax, adjusted equity in net income of an investment in Schwab will be approximately C$328M. TD Bank Group will release its first quarter financial results and host an earnings conference call on March 2.
NCNO

Hot Stocks

06:27 EST nCino announces 7% workforce reduction - In a regulatory filing last night, nCino announced a workforce reduction of approximately seven percent and office space reductions in certain markets in "furtherance of its efforts to improve operating margins and advance the company's objective of profitable growth as discussed on its third quarter fiscal 2023 earnings call." The company stated: "Communications to impacted employees will be completed by the end of the fourth quarter of the company's fiscal 2023. The actions associated with the office space reductions are expected to be fully completed in fiscal 2024. The company expects to incur charges in the fourth quarter of the company's fiscal 2023 of approximately $4.5 to $5.0M in connection with the plan. Cash payments consisting of severance and related benefit costs for terminated employees as well as lease exit fees are expected to be made in the first quarter of the company's fiscal 2024. The company intends to exclude these charges from its non-GAAP financial measures."
GNL...

Hot Stocks

06:02 EST Global Net Lease acquires eight UK properties for GBP 61M - Global Net Lease (GNL) closed on the acquisition of eight properties in the United Kingdom for a total purchase price of GBP 61M at a cap rate of 10.6%. The properties are all leased to a wholly owned subsidiary of Walgreens Boots Alliance (WBA). Walgreens has investment grade credit ratings of "BBB" and "Baa2" from S&P and Moody's, respectively. The properties total over 325,000 square feet and have 11.5 years of lease term remaining. Additionally, GNL announced that on December 30, 2022, it was notified by Rheinmetall (RNMBY) that a five-year lease extension was exercised, extending the tenant's lease on the existing terms until the end of 2028 with no tenant improvement expenses incurred by the Company. Rheinmetall is rated "Baa2" by Moody's. Including this lease, the Company completed 592,000 square feet of new leases, lease renewals, and tenant expansions in the fourth quarter of 2022.
ALPMY

Hot Stocks

05:56 EST Astellas Pharma: SBTi validates, approves company's GHG emissions targets - Astellas Pharma announced that the Science Based Targets initiative has validated and approved its greenhouse gas emissions reduction targets. The targets, as a science-based initiative, have been approved towards achieving the 1.5 degrees Celsius and well-below 2 degrees Celsius targets of the Paris Climate Agreement. Astellas' revised targets are as follows: Astellas commits to reduce absolute scope 1 and 2 GHG emissions by 63% by FY2030 from the FY2015 base year. less than1.5 degrees Celsius target. Astellas also commits to reduce absolute scope 3 GHG emissions by 37.5% by FY2030 from the FY2015 base year. Well-below 2 degrees Celsius target
AMZN

Hot Stocks

05:42 EST Amazon to wind down AmazonSmile by February 20 - Amazon, in an email to AmazonSmile customers, said: "In 2013, we launched AmazonSmile to make it easier for customers to support their favorite charities. However, after almost a decade, the program has not grown to create the impact that we had originally hoped. With so many eligible organizations-more than 1 million globally-our ability to have an impact was often spread too thin. We are writing to let you know that we plan to wind down AmazonSmile by February 20, 2023. We will continue to pursue and invest in other areas where we've seen we can make meaningful change-from building affordable housing to providing access to computer science education for students in underserved communities to using our logistics infrastructure and technology to assist broad communities impacted by natural disasters. To help charities that have been a part of the AmazonSmile program with this transition, we will be providing them with a one-time donation equivalent to three months of what they earned in 2022 through the program, and they will also be able to accrue additional donations until the program officially closes in February. Once AmazonSmile closes, charities will still be able to seek support from Amazon customers by creating their own wish lists. As a company, we will continue supporting a wide range of other programs that help thousands of charities and communities across the U.S."
RHHBY

Hot Stocks

05:16 EST Roche says Phase 3 IMbrave050 study of Tecentriq-Avastin met primary endpoint - Roche announced that the Phase III IMbrave050 study met its primary endpoint of recurrence-free survival, or RFS, at the prespecified interim analysis. The study is evaluating Tecentriq in combination with Avastin as adjuvant treatment following surgery for people with early-stage hepatocellular carcinoma, or HCC, at high risk of disease recurrence. The Tecentriq combination showed a statistically significant improvement in RFS in the intention-to-treat population of HCC patients who have an increased risk of recurrence following resection or ablation with curative intent, compared with active surveillance. Overall survival data were immature at the time of interim analysis and follow-up will continue to the next analysis. Safety for Tecentriq and Avastin was consistent with the known safety profile of each therapeutic agent and with the underlying disease. Results from the IMbrave050 study will be discussed with health authorities, including the US Food and Drug Administration and the European Medicines Agency, and presented at an upcoming medical meeting.