Stockwinners Market Radar for April 06, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

VERV

Hot Stocks

20:18 EDT Cathie Wood's ARK Investment bought 57.8K shares of Verve Therapeutics today
NTLA

Hot Stocks

20:17 EDT Cathie Wood's ARK Investment bought 71.4K shares of Intellia Therapeutics today
DUET

Hot Stocks

19:52 EDT DUET Acquisition announces termination of merger agreement with AnyTech365 - DUET Acquisition, a special purpose acquisition company focused on disruptive high-growth, middle market technology companies, announced that its previously announced business combination agreement and plan of merger with Anteco Systems, S.L and certain other parties has been terminated by DUET by written notice to the other parties thereto. As a result, DUET will seek an alternative business combination.
FIVE

Hot Stocks

19:31 EDT Five Below director sells $2.06M in common stock - In a regulatory filing, Five Below disclosed that its director Ronald Sargent sold 10K shares of common stock on April 4th in a total transaction size of $2.06M.
HOOD

Hot Stocks

19:28 EDT Robinhood CEO sells $811.8K in common stock - In a regulatory filing, Robinhood disclosed that its CEO Vladimir Tenev sold 83.3K shares of common stock on April 4th in a total transaction size of $811.8K.
STZ

Hot Stocks

18:36 EDT Constellation Brands: We're excited by the resiliency of our brands - In an interview on CNBC's Mad Money, Bill Newlands said, "the upside for our brands is tremendous and we plan to get it." He still believes the wine segment can be a very important part of the overall business. Constellation is a very cash generative business, he noted. He cited Pacifico as one of the company's "emerging brands."
BFST

Hot Stocks

18:07 EDT Business First Bancshares director buys $400K in common stock - In a regulatory filing, Business First Bancshares disclosed that its director Edgar Smith bought 17.1K shares of common stock in a total transaction size of $400K as part of option expiry.
SCHW

Hot Stocks

17:16 EDT Charles Schwab says business robust, deposit flows consistent - Charles Schwab, Founder and Co-chairman, and Walt Bettinger, Co-chairman and CEO, write: "Since our last update on March 23, heightened attention on the financial services industry has continued, and experts and non-experts alike have shared their opinions on the state of the industry as well as on Schwab. Given that focus and the risk of confusion, we thought some additional perspective from us would be helpful. This unusual period in the country's financial history has been driven by a few unique factors. Years of quantitative easing and a zero-interest rate policy following the financial crisis of 2008 had increased money supply dramatically. Then, beginning in 2020, the COVID-19 pandemic became the center of a national emergency and the government responded by increasing the money supply by 40% from March 2020 until the present, adding $6.3 trillion to it. The economy became flush with cash. Much of that ended up in the banks earning a near-zero interest rate. More recently, faced with stubborn inflation, the government has been working to reduce the money supply, taking money out of the economy and banks. In 12 short months it lifted the funds rate of near zero to 5 percent, a generational rise in record time. At the same time, the Federal Reserve reduced their bond portfolio. The logical and expected result of that process for banks and brokerages - Schwab included - has been that as interest rates rose, investors moved their investment cash from relatively low-return accounts to higher yielding investments such as money market funds, CDs, and bonds - just as you would expect thoughtful investors to do. And just as we encourage our clients to do. But that trend eventually reaches a plateau. With history as a guide, we know there is a level of cash clients prefer to keep in a highly liquid form, what we call transactional cash. That is money available to take advantage of investing opportunities that arise or for day-to-day personal cash flow needs. Typically, that transactional cash is in the range of 5-10% of a client's overall assets here at Schwab. History suggests the movement of cash into investments such as money markets, bonds and CDs reaches a peak and then returns back towards historical norms. A final piece of broad context on the current environment for investors: it is possible that America is moving into a recession. Certainly, the economy will tighten given the actions by the Federal Reserve. It may be mild, but of course, no one ever knows. But for investors, the anticipation of recession is usually seen as an opportunity to engage, and so recessions often mark a reversal for the stock market. So how has Schwab navigated during this period and how do we see the path forward? Most important, our business is extremely robust. This March alone, we saw a strong influx of core net new client assets of over $53 billion, the second highest March results in our history. The diversity of our business remains a strength. For example, our trading and wealth management businesses experienced a very strong first quarter. Our company is devoted to our clients' success, and they have remained highly loyal and supportive. That's our true north and our most important measure of success. Earlier this week, Charles Schwab earned the highest ranking in investor satisfaction among full-service wealth management firms in the J.D. Power 2023 U.S. Investor Satisfaction Study.* (Visit jdpower.com/awards for more details. The J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study is independently conducted, and the participating firms do not pay to participate. Use of study results in promotional materials is subject to a license fee.) Other third parties such as Investor's Business Daily, Kiplinger's, and Fortune also continue to recognize and reflect the exceptional value and service we offer to investors. Ironically, challenging market environments like this one allow us to shine for our clients, to make a difference in their financial lives and help deepen lifelong relationships. With 50 years of experience, we know that both our company and our clients come through times like these stronger on the other side. Deposit flows at Schwab Bank have remained fairly consistent during this tumultuous period. In fact, adjusting for modestly increased cash movements during the week last month following national concerns about regional bank stability, the average daily outflows were below February. Of course, the Fed's actions to decrease the money supply and raise interest rates will naturally increase our cost of funding and consequently have some impact on earnings. But that higher cost of funding will begin to decrease, which combined with natural growth in our business and lower expenses, we will eventually begin to enjoy growth in earnings. While the first quarter was a challenging time, for sure, reflecting negative investor sentiment, ongoing interest rate hikes, and regional banking turmoil, Schwab's client-centric growth model remains firmly intact and is performing well. The company continues to operate from a position of strength with strong current momentum. All of which leaves us extremely confident in our current progress and long-term future." Reference Link
MRNA MRK

Hot Stocks

17:04 EDT Moderna, Merck say mRNA cancer vaccine-KEYTRUDA combo granted PRIME designation - Moderna (MRNA) and Merck (MRK) announced that mRNA-4157/V940, an investigational personalized mRNA cancer vaccine, in combination with KEYTRUDA, Merck's anti-PD-1 therapy, has been granted Priority Medicines scheme designation by the European Medicines Agency for the adjuvant treatment of patients with high-risk stage III/IV melanoma following complete resection. The EMA granted PRIME scheme designation based on positive data from the Phase 2b KEYNOTE-942/mRNA-4157-P201 trial. The first detailed results of the trial will be presented at the American Association for Cancer Research in Orlando, FL, from April 14-19. "Prime scheme designation for mRNA-4157/V940 in combination with KEYTRUDA highlights the potential promise of individualized cancer treatments in a population with limited alternatives," said Stephen Hoge, M.D., Moderna's President. "There is a high unmet need for therapies in melanoma, as it can be a life-threatening condition where available therapies may not be sufficiently effective in a significant proportion of patients."
PPIH

Hot Stocks

17:02 EDT Perma-Pipe International awarded $6.5M in projects in India in Q1 - Perma-Pipe International's subsidiary Perma-Pipe India has been awarded approximately $6.5M in contracts during Q1. Two major projects will begin execution in Perma-Pipe's Gandhidham, Gujarat, India facility in Q1 and Q2. Reliance New Solar Energy Limited awarded Perma-Pipe India for the provision of thermally insulated pipe and field joints for a chilled water network on the 10 GW solar cell and module factory in Jamnagar, Gujarat. In addition, Megha Engineering & Infrastructures Ltd. awarded Perma-Pipe India for the provision of thermally insulated pipe and field joints for a heat-traced application on the ABNP - Cairn Project, Rajasthan.
MSGS

Hot Stocks

17:01 EDT MSG Sports announces combination of Counter Logic Gaming with NRG - Madison Square Garden Sports Corp. and NRG, a professional gaming and entertainment company, announced the combination of Counter Logic Gaming with NRG. As a result of the transaction, MSG Sports, which previously owned a controlling interest in CLG, now owns a noncontrolling equity interest in the larger, combined NRG/CLG company. The newly combined company will be led by NRG Founder and CEO, Andy Miller, and will be home to leading North American esports teams in premier leagues including, League of Legends, Valorant, Overwatch, Apex Legends, and Rocket League. These teams will also benefit from NRG's digital media brand, Full Squad Gaming, which has become an instant powerhouse amassing millions of followers on social media platforms. MSG Sports President and COO, David Hopkinson, said, "NRG is a leading professional gaming and entertainment company with championship teams and innovative content. This transaction has brought together premier esports teams with a track record of success and allows MSG Sports to remain a significant investor in the esports industry."
ARVL

Hot Stocks

17:00 EDT Arrival trading resumes
ARVL

Hot Stocks

16:35 EDT Arrival, Kensington Capital Acquisition Corp announce business combination - Arrival and Kensington Capital Acquisition Corp, a special purpose acquisition company, announced their entry into a definitive agreement for a business combination. Upon closing of the transaction, the combined company will continue to be named "Arrival," and its ordinary shares are expected to remain listed on Nasdaq under the ticker symbol (ARVL). Founded in 2015, Arrival aims to revolutionize the Class 4 EV segment. In the first half of 2023, Arrival continued to build certified Vans at its Bicester, United Kingdom factory, enabling the company to further develop its automated factory processes and integrate its autonomous mobile robots. The L Vans are expected to accumulate 250,000 kilometers of public road mileage by the end of 2023 as they are used to validate Arrival's engineering designs and components. In recent months, the company has sharpened its focus on its U.S. product strategy and plans to invest the expected proceeds from the transaction in the production of its XL Van at its Charlotte, North Carolina factory. Start of production in Charlotte is targeted for late 2024. Based on 2022 financial data and an assumed post-transaction share price of 13c per ordinary share, the business combination values the combined business at an implied pro forma enterprise value of $524M. This assumes no redemptions by Kensington shareholders in connection with closing and the payment of estimated transaction expenses. It also excludes warrants, ordinary shares subject to share awards and options, and Arrival's ongoing financing activities since December 31, 2022. The boards of directors of both Kensington and Arrival have approved the proposed transaction, which is expected to be completed in the second half of 2023, subject to, among other things, approval by Kensington's and Arrival's shareholders and the satisfaction or waiver of other conditions stated in the definitive documentation. Kensington has $283M of cash held in trust, before redemptions. Combined with Arrival's cash on balance sheet as of December 31, 2022, the company would have approximately $468M of pro forma cash to fund its commercialization plans, including the build-out of its manufacturing facility in Charlotte, North Carolina. Kensington shareholders will receive, for every one Kensington ordinary share, an amount of newly issued shares equal to $17.00 divided by Arrival shares' 10-day volume-weighted average price for the 10 days preceding the fourth day prior to Kensington's shareholder meeting.
MRDB

Hot Stocks

16:32 EDT MariaDB plc names Conor McCarthy as new CFO - MariaDB "announced the appointment of Conor McCarthy as chief financial officer, effective April 10, 2023. McCarthy, who has over 30 years leading finance organizations at high-growth companies, brings significant experience scaling software-as-a-service businesses."
SLGN

Hot Stocks

16:31 EDT Silgan Holdings director D. Greg Horrigan will not seek reelection - Silgan Holdings announced that D. Greg Horrigan informed the company of his decision to not seek reelection as a Class II Director of the company at the company's 2023 annual meeting of stockholders. Horrigan co-founded the company with R. Philip Silver 36 years ago and has served as a Director of the company since its founding. Horrigan also served as the company's Co-Chairman of the Board in both an executive and non-executive capacity until March 2019.
ARVL

Hot Stocks

16:25 EDT Arrival trading halted, news pending
ONTX

Hot Stocks

16:19 EDT Onconova says CMO Mark Gelder, M.D. passed away, Saunders appointed interim - Onconova Therapeutics announced that its Chief Medical Officer Mark Gelder, M.D., recently passed away unexpectedly. Michael Saunders, M.D., has been appointed the interim Chief Medical Officer of the Company. "The entire Onconova family is deeply saddened by the loss of our beloved friend and colleague," said Steven M. Fruchtman, M.D., President and Chief Executive Officer of Onconova. "Dr. Gelder dedicated his career to caring for and improving the treatment options available to patients with cancer and his thought leadership and scientific passion will be sorely missed by the oncology community. Mark trained and worked as a gyn oncologist. Because of that experience, he was dedicated to advancing the care of women with reproductive tract cancers. Our goal is to complete the mission Mark started by advancing our trial in endometrial cancer and other cancers as well. We are immensely grateful for his many contributions to Onconova and express our deepest condolences to his family, friends, and colleagues during this difficult time. May he rest in peace."
ZEV

Hot Stocks

16:15 EDT Lightning eMotors reports Q1 production of 53 units - Lightning eMotors announced that it produced 53 units, consisting of vehicles and powertrains, in the first quarter of 2023. "We entered the first quarter with significant finished goods inventory, reducing our production requirements for the quarter. We expect our production to increase as we respond to demand for our new ZEV4 platform and see the anticipated impact of the new incentives on customer demand for our products," said Tim Reeser, CEO.
GLOG GLOP

Hot Stocks

16:15 EDT GasLog to acquire GasLog Partners for $8.65 per common unit in cash - GasLog (GLOG) and GasLog Partners (GLOP), each an international owner and operator of liquefied natural gas, or LNG, carriers, announced that they have entered into a definitive merger agreement pursuant to which GasLog will acquire all of the outstanding common units of the partnership not beneficially owned by GasLog. GasLog will acquire the outstanding common units of the partnership not beneficially owned by GasLog for overall consideration of $8.65 per common unit in cash, consisting in part of a special distribution by the Partnership of $3.28 per common unit in cash that will be distributed to the partnership's unitholders in connection with the closing of the transaction and the remainder to be paid by GasLog as merger consideration at the closing of the transaction. The overall consideration of $8.65 per common unit represents a 24% premium to the closing price of the Partnership's common units on January 24, the last trading day prior to the public disclosure of GasLog's initial offer, and a 31% premium to the volume weighted average price of the partnership's common units over the 30 calendar days prior to January 24. The conflicts committee of the board of directors of the partnership, comprised solely of independent directors advised by its own independent legal and financial advisors, unanimously recommended that the partnership board approve the merger agreement and determined that the transaction was in the best interests of the partnership and the holders of its common units unaffiliated with GasLog. Acting upon the recommendation of the Conflicts Committee, the partnership board unanimously approved the merger agreement and the transaction and recommended that the common unitholders of the partnership vote in favor of the transaction. The Transaction is expected to close by the end of the third quarter of 2023, subject to approval of the Transaction by holders of a majority of the common units of the partnership and the satisfaction of certain customary closing conditions. GasLog owns 30.2% of the common units of the partnership and has entered into a support agreement with the Partnership committing to vote its common units in favor of the merger. The preference units of the Partnership will remain outstanding and continue to trade on the New York Stock Exchange immediately following the completion of the transaction.
QNCX

Hot Stocks

16:14 EDT Quince Therapeutics engages MTS Heath Partners to review strategic alternatives - Quince Therapeutics "announced that it has retained MTS Health Partners, L.P. as its financial advisor to support Quince's Board of Directors and management team in the review and evaluation of strategic alternatives intended to maximize long-term value for all Quince stockholders. The engagement will focus on the company's previously stated prioritization of in-licensing and acquisition activities, as well as alternative options and proposals, as warranted."
GTIM

Hot Stocks

16:11 EDT Good Times Restaurants reports Q2 SSS up 7.6% - Good Times Restaurants announced that same store sales increased 7.6% for its Good Times brand and increased 4.6% for its Bad Daddy's brand, and that average weekly sales were $27,510 and $52,432 for its Good Times and Bad Daddy's brands, respectively for its second fiscal quarter ended March 28, 2023. CEO Ryan Zink says: "Our strong sales results were benefitted by menu pricing at both brands, and at Bad Daddy's we are thrilled about the year-over-year traffic growth in addition to our sales growth. During the quarter, average menu prices increased from the same prior-year quarter by 10.5% at Good Times and 3.4% at Bad Daddy's. We increased price at a greater rate at our restaurants in Colorado in an effort to offset the fierce state-specific wage pressures we are experiencing resulting from both statutory wage rate increases and general labor market dynamics. "
EVOJ

Hot Stocks

16:11 EDT Evo Acquisition receives noncompliance letter from Nasdaq - The company received another letter from Nasdaq notifying the company that the company no longer meets the minimum 500,000 publicly held shares required for continued listing on Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550. The public float notice states that the company has until May 22 to provide Nasdaq with a specific plan to achieve and sustain compliance with all Nasdaq Capital Market listing requirements, including the time frame for completion of this plan. If Nasdaq does not accept the company's plan, the company will have the opportunity to appeal that decision to Nasdaq Hearings Panel. The MVLS notice and the public float notice have no immediate effect on the listing of the company's securities, and the company's securities continue to trade on Nasdaq Capital Market. The company intends to actively monitor its MVLS, provide Nasdaq prior to May 22 with the company's plan to meet the public float standard, and will evaluate available options to regain compliance with the Nasdaq continued listing standards, including potential arrangements to be made in connection with the company's definitive business combination agreement with 20Cube Logistics announced by the company on October 18, 2022. The company's amended and restated certificate of incorporation, as amended, provides that the company may, on a month to month basis, extend the deadline date for the Company to consummate a business combination. The final deadline date is August 8, 2023, although the Company may determine, in its discretion, to seek a further extension of the deadline date. In the event the Company seeks and obtains a further extension beyond October 2, 2023, but does not regain compliance by such date, then Nasdaq will notify the Company that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq Hearings Panel.
GLOG GLOP

Hot Stocks

16:10 EDT GasLog to acquire all outstanding GasLog Partners common units not already owned
EVOJ

Hot Stocks

16:07 EDT Evo Acquisition receives MVLS notice from Nasdaq - Evo Acquisition announced that it received a letter from the listing qualifications department staff of Nasdaq notifying the company that for the last 30 consecutive business days, the company's Market Value of Listed Securities, or MVLS, was below the minimum of $35M required for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5550.
GIA

Hot Stocks

16:07 EDT Gigcapital5 Inc trading halted, news pending
FUL

Hot Stocks

16:06 EDT H.B. Fuller raises quarterly dividend 8% to 20.5c per share - H.B. Fuller Company announced that its Board of Directors approved an increase in the company's regular quarterly cash dividend from 19c per share of common stock to 20.5c per share of common stock, payable on May 4, 2023 to shareholders of record at the close of business on April 20, 2023. This represents an 8% increase over the prior quarterly dividend and marks the 54th consecutive year in which the company has increased its dividend.
SST

Hot Stocks

16:02 EDT System1 discloses NYSE notice of late filing - System1 reported in its Notification of Late Filing on Form 12b-25, previously filed with the Securities and Exchange Commission on March 17, 2023, that it was unable to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 within the prescribed period, as it requires additional time to close. As a result, the Company received a notice from the New York Stock Exchange on April 3, 2023 indicating that, because the Company did not timely file its Annual Report, the Company is not currently in compliance with Section 802.01E of the NYSE Listed Company Manual, which requires that NYSE-listed companies timely file all periodic reports with the SEC. The Company requires additional time to file its Annual Report in order to complete certain accounting-related items, including, but not limited to, the evaluation and quantification of identified accounting errors in the historical 2022 quarterly reporting periods, the completion of the purchase accounting for business combinations which closed during the year ended December 31, 2022, and the fiscal year 2022 goodwill impairment analysis in order to determine the amount of any associated goodwill impairment and the evaluation of the period in which an impairment of goodwill originated. Notwithstanding the foregoing, the Company does not expect any material changes to its previously reported revenue or cash expenses for fiscal year 2022 to result from such review.
ABT

Hot Stocks

15:41 EDT FDA identifies Abbott FreeStyle reader recall as Class I - Abbott is recalling the FreeStyle Libre, Libre 14 day, and Libre 2 Flash Glucose Management Systems because the systems' reader devices, which use rechargeable lithium-ion batteries, may get extremely hot, spark, or catch on fire if not properly stored, charged, or used with its Abbott provided USB cable and power adapter, the FDA announced. "This does not affect any of the FreeStyle Libre family of sensors," the FDA notice stated. The FDA, which has identified this as a Class I recall, "the most serious type of recall," reports 4,210,785 devices were recalled in the U.S. and that February 13 was the date that the recall was initiated. Reference Link
TXT LMT

Hot Stocks

15:18 EDT GAO backs Textron FLRAA award over Lockheed Martin protest - Kenneth Patton, Managing Associate General Counsel for Procurement Law at GAO, issued a statement regarding today's decision resolving the bid protest filed by Sikorsky Aircraft Corporation, B-421359, B-421359.2: "On April 6, 2023, the U.S. Government Accountability Office denied a protest filed by Sikorsky Aircraft Corporation of Stratford, Connecticut. The protester challenged the award of the Future Long Range Assault Aircraft, or FLRAA, Weapon System Development contract to Bell Textron Inc., of Fort Worth, Texas, under request for proposals No. W58RGZ-21-R-0084, issued by the Department of the Army, Army Contracting Command-Redstone Arsenal. The FLRAA program seeks to produce new vertical lift aircraft to augment and ultimately replace the aging H-60 Black Hawk utility helicopter fleet, with the goal of fielding the first aircraft by fiscal year 2030. The projected total contract value, including all options, is approximately $7.1 billion. Sikorsky challenged the agency's assignment of a rating of unacceptable to its proposal under the engineering design and development evaluation factor, architecture subfactor, which ultimately rendered the proposal ineligible for award. Sikorsky also argued that the agency should have found Bell's proposal to be unacceptable. Finally, Sikorsky challenged the agency's evaluation under the engineering design and development factor and the product supportability factor; the cost/price evaluation; and the best-value tradeoff decision. In denying the protest, GAO concluded that the Army reasonably evaluated Sikorsky's proposal as technically unacceptable because Sikorsky failed to provide the level of architectural detail required by the RFP. GAO also denied Sikorsky's various allegations about the acceptability of Bell's proposal, including the assertion that the agency's evaluation violated the terms of the solicitation or applicable procurement law or regulation. Finally, GAO dismissed Sikorsky's additional arguments on the basis that Sikorsky was no longer an interested party to further challenge the procurement. GAO's decision expresses no view as to the merits of these proposals. Judgments about which offeror will most successfully meet the government's needs are reserved for the procuring agencies, subject only to statutory and regulatory requirements. GAO's bid protest process is handled by GAO's Office of General Counsel and examines whether procuring agencies have complied with procurement laws and regulations. Today's decision was issued under a protective order because the decision may contain proprietary and source selection sensitive information. GAO has directed counsel for the parties to promptly identify information that cannot be publicly released so that GAO can expeditiously prepare and release a public version of the decision." Reference Link
AMZN UBSFY

Hot Stocks

14:53 EDT Amazon Luna+ to cost $9.99/month, $17.99/month with Ubisoft+ - Amazon (AMZN) Prime members can play Luna, the e-commerce giant's cloud gaming service, at no additional cost. "Prime Members get access to a rotating selection of games every month, and Prime members and Luna+ subscribers alike can also link their Ubisoft account to Luna and play select Ubisoft PC games they already own on their Fire TV or on any other supported device," Christian de Looper writes on Amazon's website. Amazon Luna works best with the ergonomic and comfortable Luna Controller -- available for $69.99. Users can also play Luna using other compatible controllers or by using the Luna Phone Controller app, available as a free download in the Amazon, Android, or iOS app stores. For a monthly fee, a few subscription services can give users access to more games. "Luna+ offers the largest and most diverse collection of games from across genres, and it's growing." Luna+ subscribers-and Prime members-can also link their Ubisoft (UBSFY) account to Luna, and play select Ubisoft PC games they already own straight on their Fire TV or on any other supported device. Ubisoft+ gives gamers access to fan-favorite AAA titles, including select premium editions of games from the Assassin's Creed, Watch Dogs, Tom Clancy, and Far Cry franchises. The Jackbox games subscription is only available on Luna, giving fans of co-op party games new favorites like The Jackbox Party Pack 9 and Drawful 2. Reference Link
BKR

Hot Stocks

13:03 EDT Baker Hughes reports U.S. rig count down 4 to 751 rigs - Baker Hughes reports that the U.S. rig count is down 4 from last week to 751 with oil rigs down 2 to 590, gas rigs down 2 to 158 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is up 62 rigs from last year's count of 689 with oil rigs up 44, gas rigs up 17 and miscellaneous up 1. The U.S. Offshore Rig Count is down 1 to 17, up 5 year-over-year. The Canada Rig Count is down 12 from last week to 127, with oil rigs down 6 to 52, gas rigs down 6 to 75. The Canada Rig Count is up 16 rigs from last year's count of 111 with oil down 1, gas rigs up 17.
BKR

Hot Stocks

13:02 EDT Baker Hughes reports U.S. rig count down 4 to 751 rigs
SQNXF...

Hot Stocks

12:59 EDT Square Enix says 'Final Fantasy' pixel remasters launch on PS4, Switch April 19 - Square Enix (SQNXF) announced that the "Final Fantasy" pixel remaster series, previously only available on Steam and mobile, is launching digitally for PlayStation 4 (SONY) and Nintendo System (NTDOY) on April 19, 2023. The pixel remaster series which comprises of "Final Fantasy I" through "Final Fantasy VI." Reference Link
HOOD

Hot Stocks

12:56 EDT Robinhood to pay $10M in settlement with state securities regulators - The North American Securities Administrators Association said Robinhood Financial will pay up to $10.2M in penalties for "operational and technical failures that harmed main street investors." The settlement stems from an investigation spearheaded by state securities regulators in Alabama, Colorado, California, Delaware, New Jersey, South Dakota and Texas regarding Robinhood's operational failures with respect to the retail market, the agency said in a statement. The investigation was sparked by Robinhood platform outages in March 2020. "Today's multistate agreement represents states at their best - working together for the benefit of Main Street investors," said NASAA President Andrew Hartnett. "Robinhood repeatedly failed to serve its clients, but this settlement makes clear that Robinhood must take its customer care obligations seriously and correct these deficiencies." Robinhood neither admits nor denies the findings as set out in the States' orders. Reference Link
EME

Hot Stocks

12:49 EDT Emcor raises quarterly dividend to 18c from 15c per share - Emcor announced that its board declared a regular quarterly cash dividend of 18c per common share above the 15c per share paid last quarter. The dividend will be paid on April 28, to stockholders of record as of April 17.
META

Hot Stocks

12:23 EDT Facebook Gaming says users can now play games during video calls on Messenger - Meta's Facebook Gaming announced that users can now play games during video calls on Messenger. "This new, shared experience in Messenger makes it easy to play games with friends and family while in a video call, allowing you to deepen connections with friends and family by engaging in conversations and gameplay at the same time," the company said. "Today, there are 14 free-to-play games available in Messenger video calls on iOS, Android, and web, with no installs required. Games include a mix of brand new titles, like Card Wars by Bombay Play and Exploding Kittens by Coatsink as well as some fan favorites like Mini Golf FRVR by FRVR and Words With Friends by Zynga. Each game supports a different number of players, but most games can be played with just two people." Reference Link
DIS

Hot Stocks

12:22 EDT Disney appoints Asad Ayaz as CBO - Asad Ayaz has been named the first-ever Chief Brand Officer of The Walt Disney Company. In this newly created role reporting to CEO Robert Iger, Ayaz will be responsible for stewarding and elevating the Disney brand globally across the entire ecosystem of company touchpoints and consumer experiences. Ayaz will also continue as President of Marketing for The Walt Disney Studios, overseeing all aspects of marketing and publicity for the Studios' films and series as well as for Disney+ globally, reporting to Disney Entertainment Co-Chairman Alan Bergman.
EA

Hot Stocks

12:03 EDT Electronic Arts reveals new brand vision, identity and logo for 'EA Sports FC' - Electronic Arts has unveiled what it calls "a first glimpse of the interactive future of football," with EA SPORTS FC revealing its new brand vision, identity and logo. "FC will become EA SPORTS' platform to create, innovate and grow new football experiences, connecting hundreds of millions of fans through console, mobile, online and esports products," the company stated in a press release. This is where the story of EA SPORTS FC begins. We're building on 30 years of leadership and history creating experiences that bring the global football community together, and continuing to take it into a fan-first future. EA SPORTS FC will be a symbol for the sport, a symbol of innovation and change, and we're energized to show our fans more about the future in July," added Nick Wlodyka, SVP & GM, EA SPORTS FC. Reference Link
CTAS

Hot Stocks

12:03 EDT Cintas CAO Michael Thompson to retire, Jim Rozakis named COO - Cintas announced that Michael Thompson, Executive Vice President and Chief Administration Officer, will retire on August 31, 2023. Thompson will cease being an Executive Officer of the Company as of May 31, 2023. The company also announced that Jim Rozakis, currently President and COO of the company's Rental Division, will be promoted to Cintas EVP and COO, effective June 1, 2023. Cintas will not fill Thompson's CAO role at this time. Thompson's responsibilities and areas of oversight will be distributed among the company's executive administration. Rozakis will move into the COO role which has been unfilled since Todd Schneider, the last EVP and COO, was appointed to President and CEO in June 2021.
COHR

Hot Stocks

12:00 EDT Coherent falls -9.9% - Coherent is down -9.9%, or -$3.62 to $33.07.
FN

Hot Stocks

12:00 EDT Fabrinet falls -10.7% - Fabrinet is down -10.7%, or -$11.97 to $100.32.
LEVI

Hot Stocks

12:00 EDT Levi Strauss falls -14.4% - Levi Strauss is down -14.4%, or -$2.60 to $15.43.
AI

Hot Stocks

12:00 EDT C3.ai rises 10.7% - C3.ai is up 10.7%, or $2.26 to $23.35.
PL

Hot Stocks

12:00 EDT Planet Labs rises 11.9% - Planet Labs is up 11.9%, or 43c to $4.09.
AMC

Hot Stocks

12:00 EDT AMC Entertainment rises 18.6% - AMC Entertainment is up 18.6%, or 76c to $4.80.
XERS

Hot Stocks

11:56 EDT Torrent Pharma launches 'first and only' generic version of Xeris' Keveyis - Torrent Pharma announced that it has begun shipping the generic version of Xeris' Keveyis, dichlorphenamide 50mg tablets, following final approval from the U.S. Food and Drug Administration for its Abbreviated New Drug Application. "Torrent is distributing the product through select specialty pharmacies beginning this month. Dichlorphenamide Tablets are indicated for the treatment of primary hyperkalemic periodic paralysis and related variants," Torrent stated, adding that its product is the "first and only" generic version of Keveyis.
SNX HPE

Hot Stocks

11:44 EDT TD Synnex selected by Aruba as distributor for Aruba EdgeConnect - TD SYNNEX (SNX) has been selected by Aruba, a Hewlett Packard Enterprise (HPE) company, as a global distributor for the Aruba EdgeConnect platform. With distribution led by the TD SYNNEX Global Solutions Team, Aruba EdgeConnect will be available through the organization's global IT ecosystem, serving more than 150 countries worldwide.
ROKU DIS

Hot Stocks

11:21 EDT Roku says Disney+ ad-supported plan now available on devices - In a Wednesday blog post, Roku (ROKU) staff said, "Disney+ (DIS) Basic With Ads is now available on Roku, America's leading TV streaming platform. The Disney+ Basic plan offers streamers access to Disney's full content catalog, as well as certain key product features that also are available with Disney+ Premium." Reference Link
ABCM

Hot Stocks

11:08 EDT Abcam, Lunaphore enter co-marketing agreement for primary antibodies - Lunaphore and abcam announced an agreement to co-market abcam primary antibodies specifically validated for use on Lunaphore's COMET platform. The agreement will enable researchers to use abcam's antibodies without conjugation directly on the COMET platform, with unparalleled scalability and reproducibility. By using validated primary antibodies together with the capabilities of COMET, researchers can accelerate assay development processes and achieve reliable results. The partnership also aims to address the reproducibility crisis in life sciences by providing trusted tools for multiplex immunofluorescence analysis.
WMT

Hot Stocks

11:07 EDT Walmart announces plan to expand electric vehicle charging network - Walmart stated in a post to its corporate site: "As our customers and members continue to look for ways to save money and live better, I am excited to announce our plans at Walmart and Sam's Club in the U.S. to make electric vehicle - EV - ownership more accessible, reliable, convenient and affordable for them across the country. By 2030, we intend to build our own EV fast-charging network at thousands of Walmart and Sam's Club locations coast-to-coast. This would be in addition to the almost 1,300 EV fast-charging stations we already have available at more than 280 U.S. facilities. With a store or club located within 10 miles of approximately 90% of Americans, we are uniquely positioned to deliver a convenient charging option that will help make EV ownership possible whether people live in rural, suburban or urban areas... This plan marks the latest investment in our efforts to transform our business and product supply chains to be more regenerative, in this case helping reduce emissions and increase efficiencies for customers. For example, we announced tests across our supply chain vehicle and fuel classes toward our goal of achieving zero emissions by 2040. And as of last year, many of our W+ customers have already been receiving their deliveries via electric vehicles. The way vehicle ownership looks is changing fast, and so is our business. Today, we are as known for convenience as we are for everyday low cost. We are committed to providing customers, members, associates, suppliers and our communities at large with the services they need and want, in a way that fits their lifestyle - making EV ownership easy and simple is no exception." Reference Link
CWBHF BTI

Hot Stocks

10:53 EDT Charlotte's Web forms joint venture with BAT, AJNA BioSciences - Charlotte's Web Holdings (CWBHF) announced it has formed a joint venture with AJNA BioSciences, a subsidiary of British American Tobacco (BTI), which is contributing $10M as the JV's initial investor. AJNA is partially owned and was co-founded by its president, Joel Stanley, the former CEO and Chairman of the board of Charlotte's Web, together with certain other founding members of CW. The JV was established to pursue FDA-approval for a novel botanical drug to target a neurological condition identified by the JV leadership team, which will be comprised of CW, AJNA and BAT representatives. This novel botanical drug will be developed from certain proprietary hemp genetics of CW. The JV plans to engage with the FDA to file an Investigational New Drug application and commence Phase I clinical development in 2023. BAT holds a 20% equity interest in the form of preferred units following its $10M investment and has the right to participate in future equity issuances to maintain its pro rata equity position. Charlotte's Web and AJNA each hold 40% of the JV's voting common units. This is in consideration of contribution by CW of a license permitting the JV to use certain proprietary hemp intellectual properties, including clinical and consumer data, and by AJNA of laboratory and regulatory services, clinical expertise and the provision of clinical services. The JV plans to use the initial $10M investment for the clinical development of a novel hemp botanical IND.
ABNB

Hot Stocks

10:33 EDT Airbnb down 5% in morning trading after Bear Cave short report - Airbnb shares are down $5.74, or 5%, to $109.60 near 10:30 AM EDT.
CDZI

Hot Stocks

10:16 EDT Cadiz completes wellfield expansion to 36,000 acre-feet per year - Cadiz completed construction of three new groundwater wells at the Cadiz Ranch increasing the wellfield to 12 production wells with an annual capacity of 36,000 acre-feet of water per year. With the new wells online, the Cadiz Ranch wellfield will have sufficient capacity to deliver the full volume of the Company's Northern Pipeline, or 25,000 AFY, and also continue to support current agricultural operations at the Cadiz Ranch.
AMC

Hot Stocks

10:13 EDT Delaware court denies AMC's motion to lift status quo order - A Delaware court has denied AMC's motion to lift a status quo order that would speed the conversion of its shares. AMC entered into a binding settlement term sheet earlier in the week The motion asked the court to lift the Status Quo order to allow AMC to implement its stock conversion and reverse split before the settlement is approved by the court. Shares of AMC are up 15% in morning trading to $4.66. Reference Link
AI BKR

Hot Stocks

10:08 EDT C3.ai responds to short seller, says accounting 'complete and correct' - C3 AI issued a statement on Kerrisdale Capital, stating in part: "There have been some questions regarding yesterday's Kerrisdale report, to which we want to provide clarification. While we do not usually comment on short seller market antics, we did issue the following statement yesterday: The Kerrisdale letter appears to be a highly creative and transparent attempt by a self-acclaimed short seller to short the stock, publish an inflammatory letter to move the stock price downward, then cover the short and pocket the profits. Without comment on the legality of stock manipulation nor the innuendo replete in the letter, we will note that their allegation that C3 AI's financial disclosures regarding Baker Hughes are somehow incorrect manifests a fundamental misunderstanding of U.S. GAAP accounting practices and principles. The accounting disclosures and financial statement referenced in the letter have been reviewed by our independent audit firm for which we have an unqualified opinion and are complete and correct." Reference Link
APD

Hot Stocks

10:06 EDT Air Products to build new nitrogen plants, extend pipelines in Penang, Malaysia - Air Products announced it will build, own, and operate two nitrogen plants in Penang's Bayan Lepas Free Industrial Zone and Batu Kawan Industrial Park. The company will also further extend its pipeline network in both areas. "This strategic investment in additional capacity and infrastructure will strengthen Air Products' leading position in Northern Malaysia and its capability to meet market needs," the company stated.
APO

Hot Stocks

10:04 EDT FDA withdraws approval of Covis Pharma's Makena - The Food and Drug Administration announced the final decision to withdraw approval of Makena - a drug that had been approved under the accelerated approval pathway. The drug was approved to reduce the risk of preterm birth in women pregnant with one baby who have a history of spontaneous preterm birth. The decision was issued jointly by the FDA Commissioner and Chief Scientist. Effective today, Makena and its generics are no longer approved and cannot lawfully be distributed in interstate commerce. The agency's approval included a requirement that the sponsor conduct a post marketing confirmatory study. The ensuing confirmatory study did not verify clinical benefit and the FDA's Center for Drug Evaluation and Research proposed withdrawing the drug's approval in 2020. Makena's is made by Apollo Global's Covis Pharma.
GOVX

Hot Stocks

10:02 EDT GeoVax announces presentation of preliminary data of Covid vaccine candidate - GeoVax Labs presented an update on the development of its SARS-CoV-2 vaccine, GEO-CM04S1, including preliminary data from an ongoing Phase 2 clinical trial, during the 23rd Annual World Vaccine Congress taking place in Washington, DC. The presentation, titled "COVID-19 Vaccine CM04S1; A Superior Viral Platform Alternative for Eliciting Durable T Cell Responses in Immunocompromised Hematologic Malignancy Patients," was delivered by Dr. Don Diamond, Department of Hematology & Hematopoietic Cell Transplantation, City of Hope. Based on data from animal models and a completed Phase 1 clinical study, vaccine-induced immune responses were shown to recognize both early and later variants of SARS-CoV-2, including the Omicron variant. Vaccines of this format should not require repeated modification and updating. Diamond's presentation included unpublished data from the open-label portion of the Phase 2 trial of CM04S1 in patients undergoing hematological cancer treatment. The preliminary analysis indicates CM04S1 is highly immunogenic in these patients, inducing both antibody responses, including neutralizing antibodies, and T cell responses. These data support the planned progression of the Phase 2 clinical study, which will include a direct comparison to currently approved mRNA vaccines. CM04S1 continues to advance in a second Phase 2 clinical trial as a booster for healthy patients who have previously received the Pfizer or Moderna mRNA vaccine. Data from these studies will form the basis for comparing vaccine potential in unique patient groups as well as the general population, the company said.
EGY

Hot Stocks

10:00 EDT Vaalco Energy falls -10.4% - Vaalco Energy is down -10.4%, or -52c to $4.42.
LEVI

Hot Stocks

10:00 EDT Levi Strauss falls -10.9% - Levi Strauss is down -10.9%, or -$1.96 to $16.07.
COHR

Hot Stocks

10:00 EDT Coherent falls -13.4% - Coherent is down -13.4%, or -$4.91 to $31.79.
VRE

Hot Stocks

10:00 EDT Veris Residential rises 8.4% - Veris Residential is up 8.4%, or $1.18 to $15.28.
AMC

Hot Stocks

10:00 EDT AMC Entertainment rises 10.6% - AMC Entertainment is up 10.6%, or 43c to $4.48.
PL

Hot Stocks

10:00 EDT Planet Labs rises 12.3% - Planet Labs is up 12.3%, or 45c to $4.11.
FN

Hot Stocks

09:47 EDT Fabrinet falls -7.8% - Fabrinet is down -7.8%, or -$8.76 to $103.53.
LEVI

Hot Stocks

09:47 EDT Levi Strauss falls -8.1% - Levi Strauss is down -8.1%, or -$1.46 to $16.57.
COHR

Hot Stocks

09:47 EDT Coherent falls -10.2% - Coherent is down -10.2%, or -$3.73 to $32.96.
SOXS

Hot Stocks

09:47 EDT Direxion Daily Semiconductor Bear 3X Shares rises 4.3% - Direxion Daily Semiconductor Bear 3X Shares is up 4.3%, or 81c to $19.48.
PL

Hot Stocks

09:47 EDT Planet Labs rises 6.8% - Planet Labs is up 6.8%, or 25c to $3.91.
AMC

Hot Stocks

09:47 EDT AMC Entertainment rises 8.4% - AMC Entertainment is up 8.4%, or 34c to $4.39.
MWG

Hot Stocks

09:45 EDT Multi Ways Holdings Ltd trading resumes
LEVI

Hot Stocks

09:41 EDT Levi Strauss sees FY23 gross margin down about 50 bps vs. last year
KSCP

Hot Stocks

09:41 EDT Knightscope receives three orders for K1 emergency communication systems - Knightscope announced that it received three new purchase orders for its K1 emergency communication systems and has deployed another K5 ASR at a healthcare facility in Ohio, continuing to add to the Company's top-line growth.
LEVI

Hot Stocks

09:40 EDT Levi Strauss sees FY23 'a tale of two halves' - Sees "weaker" first half of the year and a "considerably stronger" second half. Comments taken from Q1 earnings conference call.
GFAI

Hot Stocks

09:39 EDT Guardforce AI Co Ltd trading resumes
CETY

Hot Stocks

09:37 EDT Clean Energy Technologies certified to access natural gas for China NGPNG - Clean Energy Technologies announced that its wholly owned subsidiary Jiangsu Huanya Jieneng New Energy Co., Ltd., received certification to access the China Natural Gas Pipeline Network Group Co. CETY becomes eligible to use the natural gas storage and transportation infrastructure of the NGPNG that spans the entire territory of China. This also allows CETY to access international imports of natural gas and sell through the NGPNG network. As a result, CETY's NG distribution network has significantly expanded and has secured a total supply to sell up to 40M cubic meters of natural gas for the rest of 2023.
MWG

Hot Stocks

09:35 EDT Multi Ways Holdings Ltd trading halted, volatility trading pause
GFAI

Hot Stocks

09:34 EDT Guardforce AI Co Ltd trading halted, volatility trading pause
JXJT

Hot Stocks

09:27 EDT JX Luxventure enters two MoUs with China Southern Airline - JX Luxventure made two big deals with a major airline, China Southern Air Cross-Border E-Commerce. Through these memorandums of understanding, JX Luxventure would partner with the China Southern Airline in connection with the exports of pre-owned electric vehicles and the distribution of imported pet food.
TECK AEM

Hot Stocks

09:23 EDT Teck Resources, Agnico Eagle complete San Nicolas joint venture - Agnico Eagle Mines (AEM) and Teck Resources (TECK) announced that the previously announced joint venture transaction between Teck and Agnico Eagle to advance the San Nicolas copper-zinc development project has closed. Teck and Agnico Eagle have entered into a joint venture shareholders agreement whereby Agnico Eagle, through a wholly-owned Mexican subsidiary, has agreed to subscribe for a 50% interest in Minas de San Nicolas, S.A.P.I. de C.V. for $580 million, to be contributed as study and development costs are incurred by MSN. For governance purposes, Agnico Eagle is deemed to be a 50% shareholder of MSN from closing, regardless of the number of shares that have been issued to Agnico Eagle or its subsidiary. Teck and Agnico Eagle are now 50/50 joint venture partners at San Nicolas, working together to advance permitting and development of the high-quality copper-zinc San Nicolas project located in Zacatecas, Mexico. The joint venture partners are planning to submit an Environmental Impact Assessment and Permit application for San Nicolas in the first half of 2023 and are targeting completion of a feasibility study in early 2024. Concluding the San Nicolas joint venture, initiating permitting, and completing the next stage of technical studies, is another positive step in Teck's strategy to advance its industry leading Copper Growth portfolio in a timely and prudent manner and for Agnico Eagle in leveraging its Mexican operating experience and know-how to pursue growth in a high-quality, copper-zinc mineral deposit located in a premier mining jurisdiction in Mexico.
LMDX

Hot Stocks

09:21 EDT LumiraDx to further reduce global workforce by 40% - LumiraDx announced its Strategic Refocus and Cost Restructuring Program aimed at reducing its scale and operations to pre-pandemic levels and to further evolve LumiraDx into an agile organization with a clear focus on the areas with the greatest potential.The program is part of LumiraDx's ongoing efforts to streamline strategic focus and operations, optimize its cost structure and position itself for sustainable growth in the post-pandemic world. The restructuring will enable LumiraDx to focus its resources on key strategic priorities, including commercializing the existing product portfolio, expanding its product offerings in the United States through upcoming regulatory submissions and prioritizing the development and launch of its high sensitivity Troponin and Strep A Molecular tests. Under the Cost Restructuring Program, LumiraDx will further reduce its global workforce by approximately 40%, including full-time, part-time and contractor positions. The changes in workforce include adjusting to reduced Covid-related production volumes and focusing on streamlining operations in commercial and R&D activities while preserving core functions for revenue generation. In addition to the headcount reductions, LumiraDx will continue the implementation of operating cost reductions. The Cost Restructuring Program is expected to result in approximately $36 million in annualized savings, including the impact of the anticipated increased incremental costs to be incurred for US regulatory submissions, with the majority of savings realized within the next four months.
UPWK

Hot Stocks

09:19 EDT Upwork appoints Sunita Solao as CPO - Upwork announced that Sunita Solao will join the company as chief people officer, effective May 1, 2023. Solao previously served as vice president, people at Convoy reporting to the CEO, and held several HR and people leadership positions at eBay and Airbnb, including head of people for Airbnb's Homes Business division.
GHM

Hot Stocks

09:19 EDT Graham awarded $23M follow-on for MK48 Mod 7 Heavyweight Torpedo program - Graham Corporation announced that it has been awarded a follow-on order to support the MK48 Mod 7 Heavyweight Torpedo program valued at approximately $23M. Daniel J. Thoren, President and CEO, commented, "We believe the combination of our engineering know-how, highly skilled workforce, and precision machining and manufacturing expertise enabled us to win this follow-on contract award. We have made significant investments to provide the high quality and reliability required to supply these critical components for the U.S. Navy and other foreign militaries. Additionally, we are further investing to expand our capacity to address growing demand and ensure timely delivery of our products."
TMUS

Hot Stocks

09:13 EDT T-Mobile expands deal with MLB, MiLB, Little League Baseball and Softball - T-Mobile is the official wireless partner of Major League Baseball, or MLB, Minor League Baseball, or MiLB, and Little League Baseball and Softball through 2028. With this new deal, the company will: Work with MLB to test the automated ball-strike system over a T-Mobile 5G Private Mobile Network at select MiLB games this season. Continue its title sponsorship of the T-Mobile Home Run Derby during MLB All-Star Week. Partner with MLB Network to bring back the T-Mobile 5G BP show for the T-Mobile Home Run Derby and MLB Postseason. Become the presenting sponsor for the Little League Baseball World Series. Give T-Mobile customers free MLB.TV subscriptions via T-Mobile Tuesdays through 2028.
ELA

Hot Stocks

09:08 EDT Envela plans to open four retail stores by end of Q3 - Envela announced that as part of its quest to double its retail business in the next two years it expects to open at least 4 new retail stores by the end of the third quarter this year. The first of these is planned for Phoenix, Arizona. Such brick-and-mortar locations intended for new markets will complement the Company's existing footprint in Dallas and Charleston.
CNSP

Hot Stocks

09:07 EDT CNS receives approvals in Italy for global trial evaluating Berubicin - CNS Pharmaceuticals has received approval from the Italian Medicines Agency Competent Authority and the A.O.U. Policlinico di Bari Ethics Committee for its ongoing potentially pivotal global trial evaluating Berubicin for the treatment of recurrent glioblastoma multiforme, an aggressive and incurable form of brain cancer. The Company plans to open its clinical sites in Italy imminently in addition to the previously opened 41 clinical trial sites of the 60 sites selected across the U.S., France, Spain, and Switzerland. A pre-planned, non-binding futility analysis will be conducted by an independent Data Safety Monitoring Board to recommend whether this study should continue as planned based on Berubicin showing value as a second-line treatment for patients with glioblastoma compared with Lomustine. The Company will conduct this analysis after at least 50% of the patients in the population to be analyzed for the interim analysis can be evaluated as having failed the primary efficacy endpoint. The DSMB will review the number of deaths on each arm to ensure that the overall survival of patients receiving Berubicin shows at least a statistically significant comparability to those receiving Lomustine. Additional analyses that will be provided based on this data will be comparisons of secondary endpoints, including progression-free survival, response rates, and safety assessments. Enrollment will not be paused during this interim analysis.
IMMR

Hot Stocks

09:06 EDT Immersion signs multi-year license agreement with Motrex - Immersion announced that it has signed a multi-year license to Immersion's technology with Motrex, a manufacturer and developer of automotive solutions that provides in-car safety information, driving data and passenger entertainment, for use in Motrex's automotive products.
GGG

Hot Stocks

09:05 EDT Graco CHRO David Ahlers to retire, Ronita Banerjee to succeed - Graco announced that, effective May 24, Ronita Banerjee will be joining Graco as the company's executive VP and chief human resources officer, or CHRO. Banerjee will be the successor to David Ahlers, the company's previous executive VP of Human Resources, who is retiring after 14 years of service with the company.
NCLH

Hot Stocks

09:05 EDT Norwegian Cruise Line to offer Starlink high-speed internet on board fleet - Norwegian Cruise Line announced its plan to improve connectivity for guests and crew at sea by offering SpaceX's Starlink high-speed internet on its ships. Using advanced low earth orbit satellites, Starlink delivers industry leading broadband internet connectivity which will improve the capacity, speed and reliability of internet on board. The Company is currently testing Starlink, beginning with Norwegian Breakaway, with the intent to rollout this game-changing technology across its entire world class fleet in a phased manner. "We are thrilled to offer Starlink on board our ships to improve internet connectivity at sea. This initiative is a testament to our continuous quest to find new and innovative ways to enhance the experience for both guests and crew while sailing on our award-winning brands," said Harry Sommer, president and CEO-elect of Norwegian Cruise Line Holdings Ltd. "Ensuring that this technology meets our high standards of excellence for our guests is incredibly important to us, which is why we are introducing this cutting-edge technology across our fleet in a phased manner. Once deployed, guests and crew will have a faster and more reliable method to stay connected with friends and family including by sharing in real-time the incredible memories they create while at sea."
AMD

Hot Stocks

09:05 EDT AMD launches AMD Alveo MA35D media accelerator - AMD announced the AMD Alveo MA35D media accelerator featuring two 5nm, ASIC-based video processing units supporting the AV1 compression standard and purpose-built to power a new era of live interactive streaming services at scale. With over 70% of the global video market being dominated by live content, a new class of low-latency, high-volume interactive streaming applications are emerging such as watch parties, live shopping, online auctions, and social streaming.
PALI

Hot Stocks

09:04 EDT Palisade Bio receives Canadian patent covering composition of LB1148 - Palisade Bio announced that the Canadian Intellectual Property Office, CIPO, has issued Canadian Patent No. 2,942,358 titled, "Compositions for the Treatment of Autodigestion." This key patent covers the composition of LB1148, the Company's broad-spectrum serine protease inhibitor that acts to neutralize digestive enzymes, potentially reducing intestinal damage, until 2035. "As we continue to execute on our development path forward for LB1148, strengthening the intellectual property portfolio around this asset remains a priority. We are pleased to receive this Patent, which further bolsters our growing IP estate for LB114," commented J.D. Finley, interim Chief Executive Officer of Palisade Bio.
AGRI

Hot Stocks

09:04 EDT AgriFORCE Growing Systems not moving forward with Stronghold agreement - AgriFORCE Growing Systems announced that as part of a strategy to focus on projects expected to generate near-term, positive cash flow, as well as reduce operating expenses and future capex commitments, the Company has decided not to move forward with the previously announced Stronghold agreement and related plans to develop a 34-acre property in the City of Coachella, or the Humboldt-Bliss agreement in Barbados. AgriFORCE CEO, Ingo Mueller commented, "Given the current market environment and our desire to minimize equity dilution, we have taken steps to proactively reduce operating expenses, as well as pare back longer-term, more capital intensive projects, whilst continuing to advance our IP Portfolio as it pertains to food and growing systems. Towards this end, as we have previously disclosed, we have undertaken an aggressive M&A strategy. Each of these in-process transactions continue to progress and we believe will be highly accretive and contribute significant cash flows. Meanwhile, we will continue to work with the Barbados government on the food nutrition and security feasibility analysis, utilizing the Company's FORCEGH+ IP. We are also starting commercialization of our un(THINK) flour products, and preparing for the launch of the Radical Clean Solutions hydroxyl technology for the destruction of pathogens, mold and volatile organic compounds within enclosed environments. We believe each of these initiatives can be advanced through a capital-efficient licensing and go-to-market strategy. Overall, we are laser focused on executing our M&A strategy and believe that this approach, as well as new transformative opportunities we are actively pursuing, will enable us to maximize value for our shareholders. We look forward to providing updates on these and other developments in the weeks and months ahead."
RELY...

Hot Stocks

09:03 EDT Remitly Global appoints two new members to its board of directors - Remitly Global (RELY) announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. Campbell, a seasoned leader in financial services, was recently Chair of the PNW region at J.P. Morgan (JPM). Blignaut is a skilled advisor and investor who joined Khosla Ventures (KVSA) in 2019 and serves on the board of directors of multiple private companies.
CFBK

Hot Stocks

09:01 EDT CF Bankshares increases quarterly dividend 20% to 6c per share - CF Bankshares declared a quarterly cash dividend on its common stock of 6c per share, a 20% increase over its previous quarterly dividend. The dividend is payable on April 28 to shareholders of record as of the close of business on April 17.
CTSH MSFT

Hot Stocks

09:01 EDT Cognizant, Microsoft expand healthcare collaboration - Cognizant (CTSH) announced an expansion of their long-standing healthcare collaboration with Microsoft (MSFT) to give healthcare payers and providers easy access to cutting-edge technology solutions, streamlined claims management, and improved interoperability to optimize business operations and deliver better patient and member experiences. As part of the expansion, Cognizant and Microsoft will work together to build an integration roadmap between Cognizant's TriZetto healthcare products with Microsoft Cloud for Healthcare. The companies will also collaborate to develop and run Cognizant's current and future healthcare SaaS solutions on Microsoft Azure, migrate new and existing clients from on premises environments to streamlined functions managed on the Microsoft Cloud, and support future technologies designed to deliver new insights for payers, providers, and consumers.
LSDI

Hot Stocks

09:01 EDT Lucy Scientific Discovery announces share repurchase program - Lucy Scientific Discovery announced that its Board of Directors approved a share repurchase program with authorization to repurchase up to 500,000 shares of its Class A common stock.
VTGN

Hot Stocks

08:55 EDT EPO grants Vistagen patent for oral NMDAR AV-101 - Vistagen announced that the European Patent Office EPO has granted the Company a patent for AV-101, its oral NMDAR, N-methyl-D-aspartate receptor, glycine site antagonist. The patent relates to the synthesis of AV-101 and certain chemical intermediaries, which synthesis yields AV-101 in commercial quantities and has the scalability for commercial manufacture. The new European patent is a counterpart to previously granted U.S. patent 11,427,530 and will be in effect until at least 2039. Based on observations and findings from preclinical animal models translatable to human conditions targeting the NMDAR, AV-101 has the potential to become a new oral treatment alternative for multiple CNS disorders involving the NMDAR, such as dyskinesia associated with levodopa therapy for Parkinson's disease, major depressive disorder and neuropathic pain. "Expanding our patent portfolio for all of our product candidates is an ongoing priority to support our global development and commercialization strategies across our pipeline," said Shawn Singh, Chief Executive Officer of Vistagen. "AV-101's potential to inhibit the function of the NMDAR, without fully blocking it like other NMDAR antagonists such as ketamine, anchors our interest in developing it as an innovative therapy for millions of patients affected by CNS disorders involving the NMDAR. This new patent covering our improved and streamlined manufacturing process may result in advantages for getting AV-101 to patients, on our own or potentially with a partner."
EEIQ

Hot Stocks

08:47 EDT EpicQuest Education acquires remaining stake in EduGlobal College - EpicQuest Education's wholly-owned subsidiary in the Canadian market, Highrim Holding, acquired 20% of the remaining equity of EduGlobal College from Canada EduGlobal Holdings. The acquisition price for the remaining 20% of the equity in EduGlobal was C$250K, or $186,131. On January 15, 2022, Highrim acquired 80% of the issued and outstanding shares of EduGlobal from Global for C$1.0M, or $0.8M, and the assumption of up to C$200K in liabilities. The acquisition of the 20% of the remaining equity in EduGlobal results in the college being 100% owned by Highrim. EduGlobal was approved for Education Quality Assurance designation in British Columbia which allows it to host international students on study permits and allows the college to participate in overseas recruitment and partnership events organized by the federal Department of Global Affairs Canada.
GDYN

Hot Stocks

08:46 EDT Grid Dynamics announces Inventory Allocation Optimization Solution - Grid Dynamics announced its new Inventory Allocation Optimization Solution. This new solution, developed jointly by Grid Dynamics and Dataiku, helps companies to rapidly establish inventory optimization capabilities and quickly develop analytics-driven supply chain optimization processes within the Dataiku platform.
TLRY

Hot Stocks

08:45 EDT Tilray Medical enters distribution partnership with Cansativa Group - Tilray Brands announced that its medical cannabis division, Tilray Medical, has expanded its European footprint across the Czech Republic through a new export and distribution partnership with Cansativa Group. The new strategic partnership broadens Tilray Medical's distribution of EU-GMP certified medical cannabis products across pharmacies and hospitals to support medical cannabis patient care.
AMZN IRBT

Hot Stocks

08:42 EDT Amazon.com acquisition of iRobot under investigation by U.K.'s CMA - U.K.'s Competition and Markets Authority is investigating the anticipated acquisition by Amazon.com (AMZN) of iRobot (IRBT). The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.Reference Link
ATRO

Hot Stocks

08:40 EDT Astronics awarded $40M IDIQ deal to support USMC's HHRTS program - Astronics announced that the its wholly owned subsidiary, Astronics Test Systems, has been awarded a firm fixed price, indefinite delivery/indefinite quantity IDIQ award to produce portable radio test equipment for the U.S. Marine Corps' Handheld Radio Test Sets program The contract is for a five-year term and is valued at approximately $40M. An initial task order is expected to be issued to Astronics in the coming months to be executed over the remainder of 2023 and 2024. "We believe this award is validation of our innovation and technological expertise in test solutions and are pleased to have been selected for this critical test platform that will likely be in use for many years," noted Brian Price, Executive Vice President of Astronics Test Systems. "We are also excited about the TS-4549/T radio test program with the U.S. Army, which we believe will be formalized in the coming months. These two programs together are significant wins for Astronics Test Systems, and we expect will be strong contributors to growth in the latter half of 2023 and even more meaningfully in 2024." Under the agreement, Astronics will provide portable radio test capability to the Marines, ensuring communication systems operate as designed in remote and forward deployed positions. To win the program, Astronics leveraged technology developed in recent years and built on its recent down select win with the U.S. Army for the TS-4549/T.
BBBY

Hot Stocks

08:38 EDT Bed Bath & Beyond calls for shareholder vote on reverse stock split - In a regulatory filing, the company states: "As indicated in the Notice of Special Meeting of Shareholders, the Special Meeting has been called to approve (i) an amendment to the Company's Amended and Restated Certificate of Incorporation to effect, at the discretion of the Board, a reverse stock split of the Company's common stock, par value $0.01 per share, at a ratio in the range of 1-for-10 to 1-for-20, with such ratio to be determined at the discretion of the Board; and (ii) the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt the Reverse Split Proposal."
AGCO

Hot Stocks

08:37 EDT Agco and Bosch BASF Smart Farming team on 'Smart Spraying' capabilities - AGCO announced that together with Bosch BASF Smart Farming it will integrate and commercialize Smart Spraying technology on Fendt Rogator sprayers, and jointly develop additional, new features. In May 2021, AGCO and Bosch BASF Smart Farming started the first trials of Bosch BASF Smart Farming's innovative Smart Spraying Solution, which will deliver optimal herbicide savings without compromising weed control and will enable targeted spraying during day and night-time conditions. In addition to targeted spraying, the system will deliver integrated digital tools to turn the application data into actionable insights and improve yields and efficiency for farmers. Herbicide savings are delivered through sophisticated sensoring, automated sensitivity thresholds, access to Bosch BASF Smart Farming's pest identification technology, and the use of Fendt Rogator's robust application platform. AGCO will offer the system in the Americas and Europe starting in 2024. Farmers will also be able to benefit from customized agronomic recommendations and reliable documentation within the same solution. The system will offer an end-to-end user experience through AGCO on-board and off-board controls and Bosch BASF Smart Farming's integrated digital platform from xarvio Digital Farming Solutions, with insights into the data gathered during the application.
ARCB

Hot Stocks

08:37 EDT ArcBest appoints Matt Beasley as CFO - ArcBest has named Matt Beasley as its next CFO and Treasurer, effective May 14. Beasley, ArcBest's current treasurer, will succeed David Cobb, who is retiring after a 17-year career with the company. Cobb will continue with ArcBest as a senior advisor to ensure a seamless transition. Beasley joined the company in early 2022. Before joining ArcBest, he spent nearly 15 years at Enable Midstream Partners and its predecessor companies.
JAGX

Hot Stocks

08:36 EDT Jaguar Health provides update on possible illegal short selling - Jaguar Health provided an update regarding the Company's efforts to identify trading abnormalities in Jaguar's publicly traded Common Stock that could be markers of potential illegal naked short selling. "As we announced in February, Jaguar engaged Shareholder Intelligence Services to help uncover and address potential trading abnormalities in an effort to ensure that those brokering and trading our stock are compliant with FINRA and SEC rules and regulations governing short selling," said Lisa Conte, Jaguar's president and CEO. "This effort has identified slight trade imbalances that appear worthy of further scrutiny. We are committed to protecting the interests of our shareholders and maximizing shareholder value, and are continuing to engage ShareIntel to focus on this initiative. If this ongoing effort leads to any findings deemed to be material, the Company will update the market at that time."
EVOK

Hot Stocks

08:35 EDT Evoke Pharma receives notice of allowance from USPTO for GIMOTI-related patent - Evoke Pharma announced the United States Patent and Trademark Office, USPTO, issued a Notice of Allowance for U.S. Application No. 17/100,664 for GIMOTI covering its nasal formulation design. Once issued on April 18, 2023, the patent entitled "Nasal Formulation of Metoclopramide," will expire in 2030 and will be assigned patent number 11628150. This new patent will add to Evoke's existing U.S. Food and Drug Administration, FDA, Orange Book-listed patent portfolio. "The novelty of GIMOTI is crucial for the work we do every day to ensure better outcomes for gastroparesis patients. We continue to develop and grow the product in the market and are pleased to fortify our patent estate once again," commented Matt D'Onofrio, President & COO of Evoke Pharma. "Aside from the clinical benefit our product provides to patients and healthcare providers, we believe the addition of this new patent signifies the value and contribution of GIMOTI to the field of GI motility," Mr. D'Onofrio continued.
RWAY

Hot Stocks

08:34 EDT Runway Growth Finance provides Q1 portfolio update - "Runway Growth is well positioned to execute its patient and disciplined lending strategy to late-stage growth companies," said David Spreng, Founder and CEO of Runway Growth. "We believe our focus on providing minimally dilutive growth capital to high-quality companies in the sectors we know best will demonstrate near-term resilience. Management quickly responded to the recent disruptions in the operating environment to preserve our conservative lending standards and fortify our portfolio, which is nearly 100% senior secured, first lien loans. As economic uncertainty heightens, we have redoubled our efforts to stay close to our portfolio companies and will continue to prioritize active communication with our borrowers. Runway Growth is open for business. We will selectively deploy capital to grow our portfolio and support the venture debt ecosystem." In the first quarter of 2023, Runway Growth funded seven new investments in existing portfolio companies. These include: Completion of a $4 million follow-on investment to existing portfolio company Brivo Systems. Completion of $4 million follow-on investments through three additional advances to existing portfolio company Epic IO Technologies. Completion of a $3 million follow-on investment to existing portfolio company Extensiv. Completion of a $.4 million follow-on investment to Route 92 Medical. Completion of a $1.5 million follow-on investment to Synack.
BBWI

Hot Stocks

08:34 EDT Bath & Body Works CFO Wendy Arlin to step down - Wendy Arlin will step down as Chief Financial Officer, effective July 29, 2023, or earlier if a successor is named. Bath & Body Works has initiated a search for Ms. Arlin's successor with the assistance of a leading executive search firm.
BBWI MCD

Hot Stocks

08:33 EDT Bath & Body Works appoints Thilina Gunasinghe chief digital, technology officer - Thilina Gunasinghe has been named Chief Digital & Technology Officer, effective April 17, 2023. Mr. Gunasinghe joins Bath & Body Works (BBWI) from McDonald's Corporation (MCD) where he most recently served as Global Vice President, Chief Technology Architect & Data Officer. In this newly created role, Mr. Gunasinghe will lead Bath & Body Works' digital and technology strategy, digital operations, data and analytics, and transformation. The company has created the role of Chief Customer Officer and a search is well underway. The new Chief Customer Officer will be responsible for executing a comprehensive strategy to strengthen and elevate the brand, while growing and retaining Bath & Body Works' passionate customer base through the development of a personalized, connected, and compelling end-to-end customer experience. Julie Rosen will continue in her role as President, Retail and will have responsibility for all channels of the business - Stores, E-Commerce and International; all product functions - Merchandising, Design, Planning and Allocation; Store Design; and the New Business Opportunities teams.
ABVC

Hot Stocks

08:33 EDT ABVC BioPharma provides Vitargus update on Phase II SIV - ABVC BioPharma announced that Vitargus Phase II Site Initiation Visit, SIV, at Ramathibodi Hospital, Faculty of Medicine, Mahidol University, TH001, in Thailand was successfully conducted on March 22, 2023. The SIV was an organized meeting to discuss the Phase II study protocol with the principal investigator, Duangnate Rojanaporn, M.D. and begin training clinical personnel. Vitargus Phase II study with the protocol "A Prospective Multi-Site Open-Label Randomized Controlled Clinical Investigation of the Safety and Effectiveness of ABV-1701 Ocular Endotamponade (OE)" is to demonstrate safety and effectiveness of Vitargus in patients with Retinal Detachment compared to the commonly used Sulphur Hexafluoride Gas OE. The Phase II study screening and enrollment has been initiated and will aim to enroll at least 40 patients across all four sites in Australia and Thailand.
WULF...

Hot Stocks

08:18 EDT TeraWulf self-mines 233 bitcoin in March - TeraWulf provided an unaudited monthly production and operations update for March. The company achieved an average operating hash rate of 3.0 EH/s for the month, a 50% month-over-month increase compared to February. Also, TeraWulf self-mined 233 bitcoin in March with an average production rate of 7.5 bitcoin per day. As of March 31, the company had an operational miner fleet of approximately 27,200 miners, comprised of 18,000 operational miners at its wholly-owned Lake Mariner facility in New York and 9,200 self-miners at the nuclear-powered Nautilus facility in Pennsylvania. The company's self-mining hash rate capacity increased to 2.8 EH/s with an additional 0.5 EH/s of hosted capacity as of March 31, reflecting a total increase of 65% in Q1.
CVGI

Hot Stocks

08:15 EDT Commercial Vehicle Group announces two new plant sites in Morocco, Mexico - CVG announced two new plant locations: one in Tangier, Morocco, and another in Aldama, Mexico. Both locations are expected to employ approximately 1,000 new employees each, and production is targeted for Q3 of 2023. These plants are a cornerstone in CVG's strategy of expanding its electrification systems business. CVG will deploy its proprietary electrical systems manufacturing processes in these new plants, which will act as hub-and-spoke setups with CVG's other electrical systems locations. This shared SG&A structure amongst the multiple plants will further minimize cost structure, maintain nimbleness, and increase response times. In Mexico, CVG is already a large employer with over 3,000 employees in the country, and the new Aldama location will add an additional 1,000 employees. The new facility will provide additional support to North America and emerging markets, and focus on production of high- and low-voltage wire harnesses for the electric vehicle, medical and aerospace market segments. CVG is also underway with identifying a new location in the Asia Pacific region for its electrification business expansion.
APA

Hot Stocks

08:13 EDT APA Corp. reports Q1 estimated average realized prices for U.S. oil $75.00 bbl - APA Corporation provided supplemental information regarding certain first-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first-quarter 2023. Reports Q1 estimated average realized prices for international oil $81.00 bbl. Reports Q1 estimated average realized prices for U.S. NGL $24.00 bbl. Reports Q1 estimated average realized prices for International NGL $73.00 bbl. Reports Q1 estimated average realized prices for U.S. natural gas $2.40 Mcf. Reports Q1 estimated average realized prices for International natural gas $4.20 Mcf. Reports Egypt tax barrels 41 MBoe/d. Reports realized gain on commodity derivatives $20M. Reports dry hole costs $30M-$40M. Reports net gains on oil and gas purchase and sales $20M. Reports general and administrative expense $75M.
ASGOF

Hot Stocks

08:12 EDT Asante Gold announces additional results from program at Aboduabo prospect - Asante Gold announces additional results from its ongoing exploration drilling program at the Aboduabo prospect located on our Bibiani - Chirano mines corridor, Sefwi Greenstone Belt, Ghana. The Company announced initial exploration results at Aboduabo on January 17 and February 8, 2023. From the start of exploration by Asante, 50 drill holes totaling 11,950m have been completed. These are focused on mineralization extensions along strike and down plunge. Dave Anthony, President and CEO stated, "Based on the strength of the results, we are planning to develop a starter pit at Aboduabo, to be in operation by the fourth quarter of 2023. These results and those previously announced for our Russel South deposit, demonstrate the significant exploration potential of the Bibiani - Chirano Corridor. The Company is aggressively exploring the corridor for new discoveries, to grow our mine and near mine resources and to increase the Life of Mine at both operations."
OCEA

Hot Stocks

08:11 EDT Ocean Biomedical announces targeting its OCF-203 to treat HPS - Ocean Biomedical announced a strong commitment to targeting its pulmonary fibrosis treatment candidate, "OCF-203," as a novel therapeutic for fatal pulmonary fibrotic conditions caused by Hermansky-Pudlak Syndrome, HPS. Discoveries in recent years by Ocean Biomedical's Scientific Co-founder, Dr. Jack Elias, and his colleagues at Brown University, have revealed a new target and a new pathway for treating pulmonary tissue damage in Idiopathic Pulmonary Fibrosis. Experiments have also been performed with genetically modified "pale-ear" mice, which have the same mutations that are seen in patients with Hermansky-Pudlak Syndrome. These experiments demonstrated that the same small molecule may be effective in treating pulmonary fibrosis conditions in patients with HPS, especially the most deadly forms of that disease, HPS-1 and HPS-4. Ocean Biomedical's novel approach to treating pulmonary fibrosis - a condition with no disease modifying agents currently available - is focused on inhibiting Chitinase 1 with patented "OCF-203." Chit1 is also a critical biomarker in Scleroderma-associated interstitial lung diseaseand plays a role in bleomycin- and IL-13-induced pulmonary fibrosis. Ocean Biomedical's anti-fibrosis platform seeks to address major unmet needs for IPF and HPS, and has shown potential for expanded application into fibrotic diseases in other organs, such as scleroderma, alcoholic liver disease, NASH, and kidney failure.
GRRR

Hot Stocks

08:09 EDT Gorilla secures Smart Government cybersecurity project - Gorilla Technology announced that it has won a significant Smart Government project in the MENA region. "I'm humbled and overjoyed by this win, which represents one of the most substantial projects in Gorilla's history," said CEO Jay Chandan. "Our team's unwavering determination and hard work have led us to this milestone and I'm immensely proud of their achievements. This significant entry into the MENA region brings us closer to our mission of expanding our global footprint and driving innovation that empowers people and organizations around the world At Gorilla we have remained dedicated to creating technological solutions for both public and private sectors for over two decades now... We've secured the first phase of the project, which is expected to be over $100 million in value, and expect the second phase, which will begin later this year, to be higher in value. This deal is the largest in Gorilla's history and is a testament to the trust and confidence in our products and solutions."
KTOS

Hot Stocks

08:09 EDT Kratos Defense introduces OpenEdge 2500 digitizer - Kratos Defense & Security Solutions announced the release of its OpenEdge 2500 digitizer designed specifically to help satellite antenna makers digitally enable their products. When integrated into any antenna, the compact digitizer reliably converts radio frequency signals into Internet protocol data streams that are easily consumed for use in modern software-defined communications networks.
KLR

Hot Stocks

08:08 EDT Kaleyra receives NYSE non-compliance letter - Kaleyra received a written notice from the NYSE that the company no longer satisfies continued listing standards because the average market capitalization of the company over a consecutive 30 trading-day period was less than $50M and, at the same time, the company's last reported stockholders' equity was less than $50M. The company has 45 days from receipt of the notice to submit a business plan advising the NYSE of the definitive actions the company has taken, or is taking, that would bring it into compliance with continued listing standards within 18 months of receipt of the notice. The NYSE will review the plan and, within 45 days of its receipt, determine whether the company has made a reasonable demonstration of an ability to conform to the relevant standards in the 18-month period. The notice has no immediate impact on the listing of the company's common stock. The company's common stock will continue to trade on the NYSE under the symbol "KLR" with the designation of ".BC" to indicate the status of the shares as "below criteria." The NYSE also confirmed that the company has regained compliance with the average closing price continued listing criteria. The NYSE confirmed in the Notice that, as of March 31, 2023, the company's stock price was above the NYSE's minimum requirement of $1.00 based on a 30 trading-day average.
ECOR

Hot Stocks

08:07 EDT electroCore announces product registration in Indonesia, Malaysia, South Africa - electroCore announced the receipt of a license to import, distribute and market gammaCore Sapphire, non-invasive vagus nerve stimulator, nVNS, in Indonesia. This follows the equivalent license approvals received in Malaysia in September 2022 and in South Africa in March 2023. "Gaining wider global approvals and opening supply routes for gammaCore further validates the clinical evidence portfolio we have behind our technology, and more importantly, broadens the geographical access for patients and clinicians," said Iain Strickland, SVP, Global Sales and Strategy at electroCore. "The product registration in Indonesia, South Africa and Malaysia represent the first registrations we have in both the Far East and the African continent." Strickland continued, "It's an exciting time to be building new clinician networks and we look forward to supporting our distributors Kromax South Asia and Byond Healthcare as they launch in their respective territories. These regions have a combined population of 367 million and represent a significant market opportunity supported by local key opinion leaders, to whom we are grateful for their ongoing support and desire to include gammaCore nVNS, in their treatment considerations for headache patients."
VZ

Hot Stocks

08:07 EDT Verizon Business expands BlueJeans PArtner Program in Latin America - Verizon Business announced the expansion of its BlueJeans Partner Program to customers in Latin America with new partners and expanded coverage across Mexico, Peru, Costa Rica and the Dominican Republic to help broaden the availability of the BlueJeans video collaboration and interactive livestreaming platform through the channel. Furthermore, with the addition of BlueJeans to their vendor portfolio, CognosOnline, Directo and SISAP can now offer customers in Latin America a suite of video engagement solutions, including BlueJeans Meetings, BlueJeans Events with Studio, BlueJeans Rooms and the BlueJeans Gateway for Microsoft Teams, to create meaningful and inclusive experiences for every business challenge.
GETY

Hot Stocks

08:07 EDT Getty Images, Sky News renew exclusive global partnership - Getty Images and Sky News announced they would extend their longstanding exclusive video partnership. The partnership additionally presents a creative royalty free stock collection which provides special access footage that has legal protections for commercial use. Content from the archive is widely used by production companies for TV documentaries, feature films and trailers, and for advertising and corporate presentations. "Customer appetite for our industry-leading video offering is only on the rise, which we are servicing with a 20% year-over-year increase in video content," said Peter Orlowsky, Global Head of Strategic Development at Getty Images. "The access, quality and expertise inherent in this outstanding archive is part of the differentiation Getty Images brings its global customer base and we are proud to continue this longstanding partnership with Sky News."
RLYB

Hot Stocks

08:06 EDT Rallybio announces POC for anti-HPA RLYB211 to treat FNAIT - Rallybio announced publication of Phase 1 / 2 proof-of-concept results for RLYB211, a polyclonal anti-HPA-1a antibody derived from human plasma for the prevention of FNAIT. FNAIT is a rare and life-threatening bleeding disorder in which maternal alloantibodies directed against fetal platelets can lead to devastating outcomes for the fetus/neonate. There are currently no approved therapies for the prevention or treatment of FNAIT. The findings were published in the Journal of Thrombosis and Haemostasis, the official journal of the International Society on Thrombosis and Haemostasis. Rallybio's randomized, single-blind, placebo-controlled, study investigated the ability of a single dose of intravenous RLYB211 to eliminate HPA-1a-positive platelets transfused into HPA-1a-negative healthy subjects. The platelet transfusion in this study was selected based on the precedent of historical clinical trial designs to assess the efficacy of anti-D prophylaxis, in which the transfusion of antigen positive cells is designed to mimic a catastrophic fetal maternal hemorrhage. As has been shown with anti-D prophylactic agents, the ability of RLYB211 to drive the rapid and complete elimination of antigen positive cells is a surrogate indicator of its potential to prevent maternal alloimmunization, and therefore FNAIT. In Cohort 1, subjects received RLYB211 or placebo one hour after transfusion of HPA-1a positive"We are pleased that these clinical results were published in the Journal of Thrombosis and Haemostasis, indicating that RLYB211 markedly accelerated the elimination of HPA-1a-positive platelets. We believe that these data demonstrate the prophylactic potential of anti-HPA-1a antibodies to prevent HPA-1a alloimmunization and occurrence of FNAIT," said Roisin Armstrong, Ph.D., Rallybio's FNAIT Program Lead. "Our FNAIT program continues to advance and as previously announced, we are pleased that an abstract reporting results from the Phase 1b proof-of-concept study for RLYB212, our monoclonal candidate, has been accepted for presentation at the upcoming 31st Congress of International Society on Thrombosis and Haemostasis in June." platelets and in Cohort 1B subjects received RLYB211 or placebo followed by platelet transfusion one week later. Proof-of-concept was defined as =90% reduction in platelet elimination half-life compared to placebo...
ABM

Hot Stocks

08:05 EDT ABM announces ABM Vantage smart parking solution for aviation industry - ABM is evolving data-enabled smart parking solution, ABM Vantage, through the introduction and expansion of services tailored to the aviation industry. Through this new offering, ABM is revolutionizing the guest parking experience, which has not historically benefited from technology.
ABST

Hot Stocks

08:04 EDT Absolute Software reduces headcount by 5% in restructuring plan - Absolute Software announced that the company effected a restructuring plan to lower the company's operating expenses. Pursuant to the restructuring, the company reduced overall headcount by approximately 40 people, which represents approximately 5% of total employees, and will lead to office space reductions. The company estimates that it will incur non-recurring charges of approximately $1.8M to $2.8M in connection with the restructuring, primarily consisting of severance payments, notice pay, employee benefits contributions and related costs and impairment charges related to the exit and sublease, or cease use, of certain office facilities that the company does not currently occupy. The company expects that the majority of the restructuring charges will be incurred in the fourth quarter of FY23 and that the implementation of the headcount reductions, including cash payments, will be substantially complete by the end of the fourth quarter of fiscal 2023. Potential position eliminations and office reductions are subject to legal requirements that vary by jurisdiction, which may extend this process beyond the fourth quarter of fiscal 2023 in certain cases. The charges that the company expects to incur, and the timing thereof, are subject to a number of different assumptions, including legal requirements in various jurisdictions, and actual expenses may differ materially from the estimates disclosed above.
BGRY

Hot Stocks

08:04 EDT Berkshire Grey, HY-Tek Intralogistics announce formal partnership - Berkshire Grey and Hy-Tek Intralogistics announce their formal partnership and celebrate the successful integration and installation of a highly-automated system for their customer, Bealls, Inc. Despite persistent global supply chain issues, just 8 months after Bealls selected BG, the Berkshire Grey's Robotic Shuttle Product Sortation systems were live in the Bealls Jacksonville, Texas facility sorting items bound for stores. The 400,000-square-foot facility utilizes the BG RSPS solution to enable its operators to pick, sort, and pack 1,000s of items per hour. As a result, replenishment of its 575+ bealls stores has increased significantly over the past months, with early productivity improvements of 33%+ versus their previous approach. "Berkshire Grey took a very different approach to automation than we had seen from other suppliers. BG invested the time necessary to understand our business, our operating environments, and our culture," said Ray Daugherty, Bealls Sr. Vice President, Logistics. He added, "The project completion speed and early results are impressive."
BNGO

Hot Stocks

08:04 EDT Bionano Genomics announces publication on utility of OGM - Bionano Genomics announced the publication of a study from researchers at Radboud University Medical Center showing the use of optical genome mapping to identify gene disruptive structural variants that might contribute to inherited retinal diseases. OGM detected a large inversion impacting the USH2A gene that was initially ignored as a false positive in short-read next-generation sequencing data. The authors sought to determine whether OGM could improve SV detection in genetically unexplained IRD cases. Their results identified several pathogenic SVs had been overlooked in their initial genome analyses by NGS. The publication illustrates the potential impact of combining NGS and OGM for more comprehensive variant analysis. Inherited retinal diseases are a clinically and genetically heterogeneous group of disorders that can cause severe vision loss or even blindness and are often degenerative. Genetic research in this area may help to improve the accuracy of diagnosis, prognostication, and treatment prospects of targeted therapeutics. Approximately 30% of individuals suspected of IRD lack a conclusive genetic diagnosis after genome sequencing has been performed. Study authors used OGM to search for pathogenic SVs in an IRD sample and resolved a subject that had been genetically unexplained for decades. Researchers used OGM to analyze Usher syndrome type-II, a recessively inherited disorder characterized by retinitis pigmentosa and congenital hearing loss and associated with variants in several genes, an important one being USH2A OGM detected a 173 megabase USH2A-disruptive pericentric inversion on chromosome 1 that had been overlooked and misinterpreted during previous analysis by NGS. The finding by OGM provided a genetic explanation for this subject after decades of research. Reanalysis of NGS data for 427 IRD cases subsequently yielded 30 likely pathogenic SVs in 29 IRD probands. Notably, 8 of the identified pathogenic variants were overlooked during the initial analysis.
EDAP

Hot Stocks

08:03 EDT EDAP TMS announces regulatory clearance of ExactVu Micro-Ultrasound in Japan - EDAP TMS provided a regulatory and clinical update. The Company has received approval from the Pharmaceutical and Medical Devices Agency, PMDA, for the commercialization of the ExactVu micro-ultrasound biopsy platform in Japan. "We are pleased to announce the approval of the ExactVu system in Japan," said Marc Oczachowski, Chief Executive Officer and Chairman of the Board of EDAP TMS. "The Japanese market is the second largest market for advanced medical device technology in the world, and prostate cancer is the most common cancer diagnosis in Japanese men. Each year, there are over 100,000 newly diagnosed cases of prostate cancer. Our established commercial team in Japan is well positioned to engage clinical sites to offer their patients precise prostate biopsies utilizing this groundbreaking technology."
UAL

Hot Stocks

08:02 EDT United Airlines: International bookings 15% higher than same period in 2022 - United Airlines will fly to 114 different international cities this summer and has expanded its flying by 25% versus last year to meet the sharp increase in demand for travel outside of the U.S. The airline is already the largest carrier across both the Atlantic and Pacific and this summer's schedule includes nearly 25 new routes. According to United booking data, international bookings are already 15% higher than the same period in 2022.
NNXPF

Hot Stocks

07:56 EDT NanoXplore appoints Joseph Peter to board of directors - NanoXplore appointed Joseph Peter as the newest member of its Board of Directors. He was previously the CFO for Nissan Motor Corporation from 2009 to 2018. The Corporation would also like to announce that Ms. Jodie Morgan has decided to resign from the Board of Directors of NanoXplore to focus her efforts on other professional duties.
IREN

Hot Stocks

07:55 EDT Iris Energy mines 173 bitcoin in March - Iris Energy published a monthly investor update for March 2023, containing its results from operations as well as business updates. Corporate: Increased operating hashrate by 79% to 3.1 EH/s; Near-term ramp up to 5.5 EH/s; 355,461 ordinary shares acquired by a director, Mr. Michael Alfred; Executive leadership appointments - Chief Commercial Officer and Head of Capital Markets; Operations: Average operating hashrate of 1,912 PH/s; Monthly operating revenue of US$4.3 million; 173 Bitcoin mined; Construction: Childress: 600MW bulk power substation at Childress nearing energization; Commissioning of the first 20MW data center expected to commence in the coming weeks; Planning underway to utilize additional power on site.
LEVI

Hot Stocks

07:54 EDT Levi Strauss reports Q1 EPS 34c, consensus 32c - Reports Q1 revenue $1.69B, consensus $1.62B. Total inventories increased 33% on a dollar basis over prior year. "Our first quarter results reflect the strength of our brands and the progress we are making against our strategic priorities," said Chip Bergh, president and chief executive officer of Levi Strauss & Co. "We delivered strong growth in our international business and record-breaking revenue performance in our direct-to-consumer channel. As we celebrate the 150th anniversary of the iconic 501(R) jean, we are deepening connections with consumers and cementing loyalty with the next generation of Levi's(R) fans. This past quarter in the U.S., we were the market share leader among the key 18- to 30-year-old consumer, and we continued to grow share in our women's denim bottoms business, further narrowing the gap to number one."
NEXCF

Hot Stocks

07:53 EDT Nextech3D.ai executes arrangement agreement to spin out Toggle3D - Nextech3D.AI announced that it has entered into an arrangement agreement dated effective April 5, 2023 with its wholly-owned subsidiary Toggle3D.ai and a special purpose financing company, 1400330 B.C.. The Arrangement Agreement sets out the terms on which Nextech will complete a plan of arrangement under the Business Corporations Act whereby the Company's Toggle3D platform and associated assets will be spun out to Spinco. The Arrangement, if completed, will result in, among other things, Nextech retaining an aggregate of 16,000,000 common shares of Spinco and an aggregate of 4,000,000 Spinco Shares being distributed directly to the shareholders of Nextech on a pro rata basis. Nextech currently intends to transfer an aggregate of 3,000,000 of the 16,000,000 Spinco Shares which it receives pursuant to the Arrangement to certain service providers in consideration of past services and other indebtedness. Spinco intends to seek a listing of its common shares on the Canadian Securities Exchange following the completion of the Arrangement.
LEVI

Hot Stocks

07:52 EDT Levi Strauss sees sequential improvement in inventories - Total inventories increased 33% on a dollar basis and 21% on a unit basis over prior year. The 25 points of sequential improvement on a dollar basis relative to Q4 was primarily attributable to deliberate actions taken during the quarter including reducing receipts and clearing inventory in the U.S. Core product represents more than two-thirds of total inventories. "We continue to expect sequential improvement quarter-over-quarter, with Q2 being substantially lower than Q1, and expect inventory levels to be in-line with sales growth by the end of the year."
SLNH

Hot Stocks

07:51 EDT Soluna Holdings announces 25 MW hosting contract in Kentucky - Soluna Holdings announced a 25 MW hosting contract with an industry leading Bitcoin miner at Soluna's Project Sophie in Kentucky. The contract will shift Soluna's business model at Soluna's modular data centers at Project Sophie from proprietary mining to hosting Bitcoin miners for the customer. Soluna plans to sell its existing Bitcoin miners at the site and redeploy capital. John Belizaire, CEO of Soluna Computing, commented, "As markets have shifted, our business model has shifted with it. We are building a bigger hosting business and are excited to partner with industry leaders. This customer has a similar ethos to Soluna - accelerating a low-carbon future. This is one of the many hosting agreements we are exploring for our current and future modular data centers." Soluna is preparing the site to begin phasing in the customer's hardware over the next several weeks.
STZ STZ.B

Hot Stocks

07:49 EDT Constellation Brands CEO says excited about Beer Business innovations - CEO Bill Newlands said, "We delivered another solid year in Fiscal 23. Our Beer Business achieved its 13th consecutive year of volume growth while maintaining best-in-class margins. The momentum of our iconic and next wave beer brands continue to drive our industry-leading growth and share gains. We remain excited about the ongoing opportunities we see for these brands, as well as for our Beer Business innovations in Fiscal 24. Our Wine and Spirits Business won in its key areas of focus, outperforming the higher-end wine and spirits segments."
STZ STZ.B

Hot Stocks

07:45 EDT Constellation Brands raises quarterly dividend 11% to 89c per share - On April 5, 2023, Constellation's board of directors declared a quarterly cash dividend of 89c per share of Class A Common Stock payable on May 18, 2023, to stockholders of record as of the close of business on May 4, 2023.
ENFN

Hot Stocks

07:36 EDT Enfusion announces partnership with risk management provider Qontigo - Enfusion announced a new partnership with Qontigo, provider of Axioma Risk, an enterprise risk management solution, to expand Enfusion's risk capabilities. Axioma Risk adds exposure measurement, multi-factor risk models, scenario analytics, risk attribution, and a comprehensive Value-At-Risk framework across all major asset classes and trading strategies, including Multi-Strategy, Global Macro, Fixed Income, Event-Driven, and Long/Short Equity. The partnership allows Enfusion to offer clients the full Axioma Risk application as well as a base package called "Elements." "We are excited to offer Axioma Risk's powerful, highly functional, and respected risk capabilities through our best-in-class cloud-native technology platform," said Enfusion's Chief Executive Officer, Oleg Movchan. "At Enfusion, we pride ourselves on continuous innovation. This partnership with Qontigo is an excellent example. The integration underscores our commitment to expanding our value proposition for the front office. It enhances investment decision-making and risk management processes, driven by Axioma's comprehensive set of analytics. Axioma Risk leverages Enfusion's open architecture and joins a fast-growing community of partners, enriching the options and functionality available to our clients, and ultimately improving their investment management experience."
WM

Hot Stocks

07:35 EDT Waste Management on track to grow EBITDA, free cash flow nearly 2-times by FY27 - In its Sustainability Investor Day presentation yesterday, the company states that it is generating significant growth in operating EBITDA and FCF from sustainability businesses and planning to invest over $2.2B in incremental CAPEX over 4 years. Reference Link
GSD

Hot Stocks

07:35 EDT Global System Dynamics sponsor requests extension to complete combination - Global System Dynamics announced that its sponsor, DarkPulse, has requested a one-month extension to complete its initial business combination. Per the terms of the agreement, the sponsor will deposit an aggregate of $83,947.13 into the company's trust account for the benefit of its valued public stockholders. This additional contribution enables the company to extend the date by which the company has to complete its initial business combination for an additional one-month extension from April 9 to May 9. Such contribution effectively increases the pro rata portion of the funds available in the company's trust account in the event of the consummation of an initial business combination, liquidation, or other redemption event, by $0.0625 per share. The request is subject to approval by the company's board of directors. Should the company's board of directors approve the sponsor's request, the sponsor has until April 9 to deposit the funds into the company's trust account. The Sponsor's contribution will be funded as a non-interest bearing loan that will either be paid upon earlier of consummation of an initial business combination or the company's liquidation.
AMZN

Hot Stocks

07:32 EDT Experian selects AWS as preferred cloud provider to drive product innovation - Amazon Web Services ,AWS, an Amazon.com company announced that Experian, the leading global information services company and credit reporting bureau, has named AWS as its preferred cloud provider to power its multiyear information technology modernization initiative. As part of the company's cloud-first strategy, Experian will move core business operations, consumer-services products, analytics tools, and on-premises servers to AWS. Centralizing these critical technology platforms on the world's leading cloud will enhance Experian's IT security and reliability, decrease operating costs, and improve time to market for new offerings. Experian will also expand its use of AWS's broad set of cloud services to create customized programs and deliver real-time financial services to consumers and business customers.
TLRY

Hot Stocks

07:32 EDT Tilray announces Sweetwater Brewing expands distribution into Nevada - SweetWater Brewing announces its extended family of craft brands, which includes Green Flash Brewing and Alpine Beer, is now available in Nevada. SweetWater's portfolio of popular beers, including SweetWater's 420 Extra Pale Ale, Green Flash's West Coast IPA, and Alpine's Duet IPA, are now available in more than 50,000 points of distribution across 44 states. Ty Gilmore, President, U.S. Beer at Tilray Brands, Inc., said, "Nevada is a key market in our strategic expansion plan across the West. We see sky-high potential in that market, which will expand the exposure and reach of our growing family of craft beer brands."
CWH

Hot Stocks

07:32 EDT Camping World to acquire Breeden RV Center - Camping World announced it is set to acquire Breeden RV Center in Van Buren, Arkansas. This acquisition is anticipated to close in the second quarter of 2023 and will increase the company's Arkansas location count to four.
YOSH

Hot Stocks

07:15 EDT Yoshiharu launches Yoshiharu Ramen & Izakaya at La Mirada location - Yoshiharu Global is launching a new restaurant concept, Yoshiharu Ramen & Izakaya, at its La Mirada location. The new concept is set for a soft launch starting this Friday, April 7th, and followed by a grand opening on Friday, April 14th. The menu at Yoshiharu Ramen & Izakaya will consist of the Company's signature ramen dishes, as well as a brand-new selection of izakaya dishes and additional alcoholic beverages, including an array of Sake, Shochu and Chu-Hi drinks. The new concept will be open from 5:00 p.m. to 12:00 a.m. Pacific time Sunday through Thursday and 5:00 p.m. to 2:00 a.m. Pacific time on Friday and Saturday.
NXTTF

Hot Stocks

07:13 EDT Lifeist's Cannmart brand Roilty increased sales 30% m-o-m in Ontario - Lifeist Wellness announced that Roilty, the in-house brand of Lifeist's subsidiary, CannMart, has delivered continued sequential, month-over-month and year-over-year growth in Ontario, Canada's largest provincial cannabis market. The company said, "This is highlighted by an over 30% increase in unit sales in Ontario from Q4 2022 to Q1 2023, largely due to the expansion of SKU breadth in the province. The strong performance continues to support expanding gross margins for CannMart and is contributing to improved profitability overall for Lifeist. Having launched in Ontario with three Roilty SKUs in July 2022, CannMart has secured approval for an additional four SKUs on the most recent provincial submission with the Ontario Cannabis Store, including a shatter, live resin, distillate vape and an additional multi-pack of live resin. CannMart expects to have at total of 16 Roilty SKUs in the Ontario market by the end of Q3 2023. Roilty highlights in Ontario: Gained 13% in-store penetration in the last 30 days, with 27% of stores carrying one or more Roilty extract products, and 17% of stores carrying Roilty distillate vapes; King's Kush live resin is the 6th best-selling live resin in the concentrate subcategory, and is available in 13% of Ontario stores, up 2% over the last 30 days; 5% market share in the live resin category, and the 7th best-selling brand with only one live resin SKU in the category against competitors with two to three SKUs each, showing the potential for rapid growth; Newest general listing live resin multi-pack Roil Purple Berry & Priest's Punch launched in the last two weeks and already picked up by 150 stores; 7% market share in the shatter category as the 5th best-selling brand; both Roilty shatter SKUs within the top 20 products."
PSNY

Hot Stocks

07:11 EDT Polestar delivers 12,000 vehicles in Q1, up 26% - Polestar reported its global volumes for the first quarter of 2023. Building on the record 2022 global volumes of over 51,000, the company delivered approximately 12,000 vehicles in the first quarter of 2023, up nearly 26% year-on-year. Following the usual seasonality affecting deliveries in the first quarter, Polestar continues to anticipate global volumes in 2023 to increase by nearly 60% year-on-year to approximately 80,000 cars, predominantly led by Polestar 2 sales.
PLYM

Hot Stocks

07:10 EDT Plymouth Industrial reports aggregate of 768,966 sq ft in Q1 leases - Jeff Witherell, CEO and Co-Founder of Plymouth, noted, "Capturing the embedded value in our portfolio from the significant mark-to-market opportunity and leasing our new development projects are two of the primary drivers of our growth this year. Our asset management and property management teams continue to deliver great results. Having already addressed over 66% of the leases scheduled to expire in 2023 and with good progress on our development projects, we are well positioned to deliver on both the organic and inorganic growth goals we have established." Leases commencing during the first quarter ended March 31, 2023 totaled an aggregate of 768,966 square feet, all of which are associated with terms of at least six months. The Company will experience a 15.9% increase in rental rates on a cash basis from these leases. These leases included 645,885 square feet of renewal leases and 123,081 square feet of new leases. Consistent with the Company's full year 2023 forecast, occupancy was 98.1% and reflects budgeted roll-over that has been largely addressed as well as the inclusion of 154,692 square feet in new development space completed during the quarter. Executed leases scheduled to commence during 2023, which includes the first quarter activity, total an aggregate of 3,719,498 square feet, all of which are associated with terms of at least six months. The Company will experience an 18.3% increase in rental rates on a cash basis from these leases. These leases included 3,032,661 square feet of renewal leases and 686,837 square feet of new leases of which 79,394 square feet was vacant at the start of 2023, leaving a net 1,839,304 square feet of 2023 expirations to be addressed. The Company has already leased 983,408 square feet of leases that will commence during 2024 with an 18.7% increase in rental rates on a cash basis. Plymouth currently has six projects totaling 719,702 square feet in its development program. Through the first quarter of 2023, Plymouth has leased 385,010 square feet of development space. This activity includes fully leasing its 236,600-square-foot phase one industrial building in the Atlanta market to a single tenant with rent commencing in February 2023; fully leasing its 68,088-square-foot industrial building in Portland, Maine to two tenants with rent commencing in December 2022 and April 2023; and fully leasing 80,322 square feet of future developments in Jacksonville, Florida that are expected to be completed in the third and fourth quarters of 2023. The Company's 154,692-square-foot industrial building in Cincinnati, Ohio was completed during the first quarter and has a number of lease offers pending. The 180,000-square-foot phase two industrial building in Atlanta is estimated to be completed in the second quarter of 2023 with multiple leasing prospects being actively considered.
MITQ

Hot Stocks

07:09 EDT Moving iMage awarded contract from Flix Brewhouse - Moving iMage announced it received an award from Flix Brewhouse for a nine-screen luxury dine-in theater in Mansfield, Texas. The project is scheduled to begin in May and continue through the Summer. In addition to its proprietary manufactured products, including dimmers, automation, bases, power management, projector lift and ALD systems, MiT will equip the luxury auditorium with equipment from NEC, GDC, QSC, Dolby and Klipsch.
ENTA

Hot Stocks

07:08 EDT FDA grants Enanta fast track designation for EDP-323 to treat RSV - Enanta Pharmaceuticals announced that the U.S. Food and Drug Administration has granted Fast Track designation for EDP-323, Enanta's L-protein inhibitor in development for the treatment of respiratory syncytial virus. "Receiving Fast Track designation from the FDA underscores EDP-323's potential as a once-daily, oral therapeutic for the treatment of this deadly virus and reflects the pressing need for a highly potent, direct antiviral to treat RSV, particularly for high-risk populations," said Scott T. Rottinghaus, M.D., Senior Vice President and Chief Medical Officer of Enanta Pharmaceuticals. "Given that EDP-323 has shown sub-nanomolar potency against several RSV-A and RSV-B strains in vitro and is not expected to have cross-resistance to other classes of inhibitors, we believe it could be used as a monotherapy or in combination with other RSV mechanisms to potentially broaden the addressable RSV patient populations or the treatment window. We believe this designation will be a valuable component of our clinical and regulatory strategy as we progress EDP-323 in development." The Fast Track program is designed to accelerate the development and review of products such as EDP-323, which are intended to treat serious diseases and for which there is an unmet medical need. Fast Track designation enables more frequent communication with the FDA and eligibility for FDA programs such as priority review and rolling review, if relevant criteria are met. EDP-323 is being evaluated in a Phase 1 double-blind, placebo-controlled study designed to assess its safety, tolerability, and pharmacokinetics (PK). Enanta plans to present new preclinical PK data at the European Congress of Clinical Microbiology and Infectious Diseases in April and expects to report topline data from the Phase 1 study this quarter.
GTBIF

Hot Stocks

07:07 EDT Green Thumb Industries' Dogwalkers to launch new line, Show Dogs - Dogwalkers, a cannabis pre-roll brand from Green Thumb Industries, announced that it will launch Show Dogs, a new line of infused cannabis pre-rolls. Show Dogs will launch in the Illinois market on Thursday, April 20th, and will be sold exclusively at RISE Dispensaries for the first two weeks. The product line will expand to additional markets later this year, including Massachusetts, Maryland and Nevada. "Like our best four-legged friends, Show Dog infused pre-rolls make noble companions for all of your outdoor excursions," said Jessica Benchetrit, Senior Brand Director for Dogwalkers. "Infused pre-rolls are one of the fastest growing categories in cannabis, and Dogwalkers is thrilled to offer Show Dogs to consumers as they celebrate 420 and roll into the dog days of summer."
STHZF

Hot Stocks

07:07 EDT StateHouse highlights achievements, planned product launches - StateHouse highlighted key achievements and planned product launches in celebration of its one-year anniversary. The company said, "Over the past year, the Company has utilized the expertise of its veteran staff to make significant advancements in retail, operations and cultivation. The team has utilized their leadership positions at StateHouse to create a culture of continuous improvement at the company, while effectuating efficiencies and cost cutting measures across all departments. By way of example, the combined four companies had approximately 900 employees at the date of the merger and at the end of March 2023 the total employees were approximately 400. While enacting vital cost reductions, the Company never lost sight of its continued commitment to excellence and innovated across several key segments of the industry, including retail, operations and cultivation. At the forefront of those innovations are the Company's cultivation practices that are based on proven scientific principles and a weekly perpetual crop schedule that, when combined, have resulted in doubled yields. Additionally, StateHouse has achieved higher-quality biomass; validated by seven awards in 2022 including two from the Emerald Cup and two from California State Fair, effectively reducing the need to procure input from outside sources. As a result, when bulk prices rise in California, StateHouse is far less likely to suffer the margin squeeze that brands without cultivation will suffer. In operations, the Company optimized manufacturing processes leading to a significant reduction in cost of goods. In retail, StateHouse introduced the TOPS rewards program, an industry-leading loyalty program that offers 10% cashback on future purchases. As a result, StateHouse's database has grown to 925,000 customers and nearly 250,000 loyalty members, with further growth expected. Looking ahead, StateHouse plans to expand its collection of product offerings with the introduction of Dime Bag DVPs; Which are expected to be available in early May, 2023. The disposable vape pen will include nearly a dozen strains, including Peach Rings, Strawberry Cough, Berries & Cream, Rainbow Kush, Magic Melon and Apple Fritter. Also, StateHouse is developing new products to meet the growing interest in minor cannabinoids. The Company has begun crafting new products featuring THCV in edibles, pre-rolls and beverage."
GNS

Hot Stocks

07:06 EDT Genius Group commences trading on Upstream - Genius Group will become available today at 10:00am EST under the ticker symbol GNS on Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. Genius Group's free digital collectible NFT commemorating the dual listing is now available for all Upstream participants to claim with the claim code "GNS". "We are thrilled to be the among the first companies to dual list on Upstream's next generation marketplace," says Roger Hamilton, Genius Group's CEO. "We are adding new value to our shareholders while expanding our company and mission to a modern, global investor-base."
ALDX

Hot Stocks

07:06 EDT Aldeyra enrolls first patient in ADX-629 trial - Aldeyra announced enrollment of the first patient in the Phase 2 clinical trial of orally administered RASP modulator ADX-629, an investigational new drug, for the treatment of atopic dermatitis. The multicenter, adaptive, two-part Phase 2 clinical trial will evaluate the safety and efficacy of ADX-629 alone and in combination with standard of care in adults with mild, moderate, or severe atopic dermatitis. In Part 1, approximately 10 patients will receive open-label ADX-629 twice daily for 90 days. Outcomes will include improvement in Investigator Global Assessment and Eczema Area and Severity Index scores. Top-line results from Part 1 are expected in the second half of 2023. Pending the results of Part 1, Part 2 will randomize patients to either ADX-629 or placebo treatment twice daily for 90 days.
PBI

Hot Stocks

07:05 EDT Pitney Bowes board issues letter to shareholders - Pitney Bowes issued a letter to Pitney Bowes shareholders in connection with the Company's 2023 Annual Meeting of Shareholders to be held on May 9, .Robert M. Dutkowsky, Former Executive Chair, Tech Data, Director since: 2018 .At the Annual Meeting, activist investor Hestia Capital Management, is seeking to replace four of Pitney Bowes' highly qualified directors with its own candidates, including its own founder, Kurt Wolf, and install one of its unqualified nominees, Lance Rosenzweig, as CEO of the Company. Pitney Bowes urges shareholders to vote FOR all Pitney Bowes nominees and Hestia nominee Katie May on the GOLD proxy card. Over the past five years. "Pitney Bowes has implemented numerous changes to ensure its current Board is comprised of a strong, engaged, and diverse set of directors, with a balanced mix of experience, skills, leadership expertise, and new perspectives. This includes adding six new independent directors and announcing the departure of eight longer tenured directors since 2018, illustrating the Company's commitment to regular and ongoing Board refreshment, assuming the election of Katie May. Hestia refuses to acknowledge these rigorous and positive changes and is instead seeking to destabilize the Board, impede our strategic progress, and put shareholder value at risk. Under their proposal, the Board would have seven new directors out of nine to join the Board in 2023, in addition to four new committee chairs, a new Chairman, and a new unqualified CEO. This would mean that the Pitney Bowes Board would have an average tenure of approximately 0.9 years and potentially little to no understanding of the Company's strategy, our transformation, and our business. Pitney Bowes' recommended nominees are the right individuals to drive the Company forward, ensure the long-term success of the businesses, and enhance value for shareholders, It is apparent that, despite claiming to have a qualified interim CEO candidate since December 2022, Hestia has not been able to present one. Instead, Hestia defaulted to one of its previously named director nominees as a last resort when it disclosed Lance Rosenzweig as its CEO candidate earlier this week. To be clear, the Board does not believe that Mr. Rosenzweig is qualified to serve as a director of Pitney Bowes, much less as CEO, based on his history of poor performance and weak corporate governance track record, as well as his lack of shipping and logistics experience. The Board remains committed to Marc Lautenbach as CEO to realize the benefits of the Company transformation that they have overseen over the last ten years to position the business for long-term success and subsequently deliver significant value to shareholders."
SEOVF

Hot Stocks

07:05 EDT Sernova responds to 'misleading statements' by dissident shareholders - Sernova Corp. responds to "misleading statements" made in a press release from a group of dissident shareholders. The company said, "Leading up to the Company's 2023 annual meeting of shareholders and pursuant to Sernova's Advance Notice By-law, the Company received two nominations for the position of director to Sernova's board of directors from the dissident shareholders. A third candidate also expressed interest in joining Sernova's board of directors. With three candidates to consider for a single board seat, the board's Nominating and Governance Committee (the "NGC") invited all three candidates to participate in a formal review and rigorous evaluation process, including presentation of their respective credentials and expertise to the board. Following good corporate governance practices, Sernova's NGC evaluates candidates against formalized criteria and a skills matrix that align with the Company's current, and more importantly, future needs to ensure the best candidates are selected as nominees for election to the board. The Dissident Shareholders' claim that the board did not meaningfully engage is simply untrue: Only one candidate, Mr. Brett Whalen, chose to participate in the formal process. After rigorous evaluation, vetting and determination that his background and experience would be beneficial to the future direction of the Company, Mr. Brett Whalen was selected for nomination for election to the board at Sernova's 2023 annual meeting of shareholders. The two individuals nominated by the dissident shareholder group elected not to participate in the interview process nor did they meet with Sernova's board. Instead, they have chosen to go the route of a costly and distracting proxy battle. The Dissident Shareholders are opposing the revised / amended compensation plan based on their claim that management unilaterally decreased their price from $1.30 to $0.91, which is simply untrue No outstanding stock options have been repriced by the Company nor is there any intention. The pricing of any future stock options granted by the Company would be in compliance with the policies of the TSX. The current board members are well positioned to build on the progress the Company has made to date and take Sernova to its next stage of development as outlined under the Corporate Updates...Sernova's board and management team are committed to creating value for the Company's shareholders through delivering results from clinical trials, driving preclinical programs, expanding the Company's Cell Pouch System technology platform to additional indications, and evolving industry relationships for potential future partnership opportunities to create long term shareholder value."
RNAZ

Hot Stocks

07:05 EDT Transcode Therapeutics to present at AACR annual meeting 2023 - TransCode Therapeutics announced that it will present new results and a clinical study overview at the Phase I and First-in-Human Clinical Trials in Progress Session at the 2023 American Association of Cancer Research, AACR, Annual Meeting to be held April 14-19. Studies to be highlighted as part of the Meeting's Poster Sessions include: A study of the Company's RNAi-based checkpoint inhibitor, TTX-siPDL1, in preclinical animal models of pancreatic adenocarcinoma indicating successful delivery, pharmacodynamic activity, and therapeutic efficacy. The study represents a collaboration between TransCode Therapeutics and the Athinoula A. Martinos Center for Biomedical Imaging and the Division of Gastrointestinal and Oncologic Surgery at the Massachusetts General Hospital and Harvard Medical School. Testing of the Company's lead therapeutic candidate, TTX-MC138, in preclinical models of pancreatic adenocarcinoma demonstrating efficacy, pharmacodynamic activity, and mechanism of action. An open-label, single-center, Phase 0, microdose study to demonstrate delivery of radiolabeled TTX-MC138 to radiographically confirmed metastases in subjects with advanced solid tumors. The study represents a collaboration with the Athinoula A. Martinos Center for Biomedical Imaging and the Henri and Belinda Termeer Center for Targeted Therapies at the Massachusetts General Hospital and Harvard Medical School.
SONX

Hot Stocks

07:04 EDT Sonendo COO Andrew Kirkpatrick to step down - Sonendo announced changes to its leadership team. Andrew Kirkpatrick, chief operating officer, is stepping down from the position of COO, effective June 1 to pursue new opportunities. The company has also created two new roles to continue its focus on operational improvement and innovation. Effective May 1, John McGaugh will be joining the company as vice president of operations and earlier this year the company promoted Kevin Yein to vice president, research & development.
MICS

Hot Stocks

07:04 EDT Singing Machine elects to expand its board of directors - The Singing Machine Company (MICS) announced two officers from Ault Alliance, AAI, (AULT) have been appointed to join the Company's Board of Directors. The new Board members are Milton Ault, III, AAI's Executive Chairman, and Henry Nisser, AAI's President and General Counsel. Ault has been appointed as Executive Chairman, an executive officer position with the Company. Ault currently serves as founder & Executive Chairman of AAI, the Company's majority shareholder. Nisser serves as President, General Counsel and a member of the board of directors of AAI. The Board elected to expand the size of the Board by two members, adding Messrs. Ault and Nisser to fill the vacancies created by the expansion. As a result, there is no change to the existing Board members.
EADSY...

Hot Stocks

07:03 EDT AerCap reports 252 assets leased, purchased and sold in Q1 - AerCap (AER) has announced its major business transactions during Q1: signed 155 lease agreements, including 18 widebody aircraft, 58 narrowbody aircraft, 55 engines and 24 helicopters; completed 56 purchases for 15 aircraft including 11 Airbus (EADSY) A320neo Family aircraft, 1 Airbus A220, 1 Boeing (BA) 737 MAX, 1 Boeing 787-9 and 1 Embraer E195-E2 for AerCap's owned aircraft portfolio, 38 engines and 3 helicopters; executed 41 sale transactions for 32 aircraft including 7 Airbus A320 Family aircraft, 4 Airbus A320neo Family aircraft, 13 Boeing 737NGs, 2 Boeing 767-300ERs, 1 Boeing 777-200ER and 1 Boeing 747-400F from AerCap's owned aircraft portfolio and 4 aircraft from AerCap's managed aircraft portfolio, 3 engines and 6 helicopters; signed financing transactions for approximately $6.7B.
KXIN

Hot Stocks

07:02 EDT Kaixin Auto reaches business partnership with China Automobile Import, Export - Kaixin Auto announces that it has reached a strategic business partnership with China Automobile Import and Export. Leveraging on the complementary advantages of both parties, the partnership aims to build up a joint export trading platform for new energy vehicles with a target total transaction volume of $10.8B in the coming five years.
GFL

Hot Stocks

06:57 EDT GFL Environmental increases quarterly dividend 10% - GFL Environmental announced that the board of directors of the company has declared a 10% increase to the regular quarterly cash dividend on the company's subordinate voting and multiple voting shares. The regular quarterly cash dividend, which increases from $0.012 per share to $0.013 per share, will be paid on April 28 to shareholders of record at the close of business on April 17. The company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act.
BKE

Hot Stocks

06:52 EDT The Buckle reports March net sales down 9.2% year-over-year - The Buckle announced that comparable store net sales, for stores open at least one year, for the 5-week fiscal period ended April 1, 2023 decreased 10.1% from comparable store net sales for the 5-week period ended April 2, 2022. Net sales for the 5-week fiscal month ended April 1, 2023 decreased 9.2% to $113.4M vs. $124.9M for the prior year 5-week fiscal month ended April 2, 2022. Comparable store net sales year-to-date for the 9-week period ended April 1, 2023 decreased 8.8% vs. the 9-week period ended April 2, 2022. Net sales for the 9-week fiscal period ended April 1, 2023 decreased 7.9% to $195.9M vs. $212.7M for the prior year 9-week fiscal period ended April 2, 2022.
SPIR

Hot Stocks

06:49 EDT Spire Global selected by ch-aviation for flight analytics - Spire Global has entered into a long-term agreement with Switzerland-based ch-aviation to supply global flight analytics and insights to enhance its airline intelligence database. The agreement includes access to Spire's daily Flight Report, which aggregates hundreds of millions of satellite and terrestrial ADS-B positions to provide actionable flight, aircraft and airline metadata. ch-aviation will integrate Spire's satellite data with its own to derive insights on aircraft utilization, provide post-departure passenger capacity based on actual seat configurations flown, track wet-lease contracts and aircraft at MRO providers, automatically update an aircraft's status and location, and allow users to create flight reports using fleet data criteria.
WTI

Hot Stocks

06:47 EDT W&T Offshore CFO Janet Yang stepping down, interim CFO appointed - W&T Offshore CFO Janet Yang will be leaving the Company on May 11, following the release of the company's Q1 earnings and the filing of the company's 10-Q. Yang disclosed that, for family reasons, she and her family will be relocating to another city. A formal search will be initiated shortly but until such time as a new CFO is appointed, Trey Hartman, VP and Chief Accounting Officer, will serve as Interim CFO. Trey Hartman, age 48, joined W&T Offshore as Controller in April 2021 and was appointed VP and Chief Accounting Officer in May 2022. He previously served as VP - Controller for Sheridan Production Company from 2015 to 2020. Prior to joining Sheridan, Hartman served as Vice President and Controller at Halcon Resources Corporation from 2012 to 2015.
PSN

Hot Stocks

06:37 EDT Parsons awarded Federal Aviation Administration contract with $1.8B ceiling - Parsons was awarded the recompete Technical Support Services Contract 5 by the Federal Aviation Administration - FAA -. The $1.8B ceiling value contract will support the FAA's Aviation System Capital Investment Plan and includes a base period of four years and two three-year option periods. Through this new contract, Parsons will continue supporting the implementation of the FAA's Aviation System CIP through engineering, construction, and project management services.
AL...

Hot Stocks

06:36 EDT Air Lease provides activity update for Q1 - Air Lease (AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter. As of March 31, ALC's fleet was comprised of 437 owned aircraft and 86 managed aircraft, with 376 new aircraft on order from Boeing (BA) and Airbus (EADSY) set to deliver through 2029. Aircraft Investments: Delivered 22 new aircraft from ALC's order book including six Airbus A321neos, two Airbus A330-900neos, one Airbus A350-900, five Boeing 737-8s, and eight Boeing 737-9s. Aircraft investments in the quarter totaled approximately $1.4B. Sales: Sold two aircraft to third-party buyers. Financing: Issued $700M of 5.30% senior unsecured medium-term notes due 2028. Completed inaugural $600M sukuk offering, consisting of 5.85% trust certificates due 2028.
VHAQ

Hot Stocks

06:34 EDT Viveon Health Acquisition and Clearday enter definitive merger agreement - Viveon Health Acquisition and Clearday, a longevity technology company using an integrated platform of robotic companion care and AI-driven technology to serve the senior adult care sector, have entered into a definitive merger agreement. Clearday is transitioning from owning and operating senior-care facilities into serving the longevity care crisis facing our aging population. The company's care solution is a combination of AI-enabled robotics and software, delivered in a Platform-as-a-Service for existing resident care facilities. The company's product portfolio targets a global adult care services market of $1.75T with an 8.5% CAGR by 20262.The combined company's pro forma equity valuation is expected to be approximately $370M. VHAQ currently has $20M held in a trust account established in connection with VHAQ's IPO. VHAQ will issue 25 million shares to security holders of Clearday. Clearday security holders may also receive up to an additional five million earn out shares if the company achieves profitability for a 12 month period within the first five years after the closing of the transaction. The consummation of the transaction is subject to approval by Clearday's stockholders, Viveon Health's stockholders and other customary closing conditions, including approval of Clearday for listing on the NYSE American. The proposed business combination is expected to be completed in Q3.
CYD

Hot Stocks

06:18 EDT China Yuchai establishes new technology subsidiary - China Yuchai announced that GYMCL has incorporated a wholly-owned subsidiary, Guangxi Xing Yun Cloud Technology with a registered capital of RMB 10M. This newly formed subsidiary will develop proprietary operating systems to enable data analytics for smart and connected solutions for both on- and off-road vehicles as well as machineries. In addition, Xing Yun Cloud will manage IT operations and maintenance, develop and support new digital projects, and develop intelligent networks and processes for the GYMCL group of companies.
COHR

Hot Stocks

06:05 EDT Coherent awarded Phase 2 of IARPA program for high-energy batteries - Coherent was awarded Phase 2 of its high-energy rechargeable lithium-sulfur battery development contract with the U.S. Intelligence Advanced Research Projects Activity - IARPA -, under the multiyear Robust Energy Sources for Intelligence Logistics In Extreme, Novel, and Challenging Environments program. This follows the successful completion of Phase 1 of the program, which was awarded in October 2021. The goal of RESILIENCE is to increase energy densities by up to 2x and calendar life by up to 10x beyond the performance of commercial solutions. In Phase 2, the objective is to scale up the technology to large-format cells with energy densities of up to 450 Wh/kg. Li-S batteries developed by Coherent are based on its patented immobilized chalcogen cathode technology, which enables high-energy-density sulfur cathodes to cycle at near-theoretical capacity and at high charge/discharge rates while demonstrating capacity retention across wide temperature ranges.
HL

Hot Stocks

06:03 EDT Hecla Mining to acquire ATAC Resources - Hecla Mining has entered into a definitive agreement with ATAC Resources to acquire ATAC and its Rackla and Connaught projects in Yukon, Canada. The company's subsidiary would acquire all of the issued and outstanding shares of ATAC for a consideration of C$31M, or 0.0166 Hecla share per share of ATAC. Hecla would also invest C$2M in seed capital, equal to a 19.9% interest, for a new exploration company Cascadia Minerals, which would be spun-out with certain properties to ATAC's shareholders as part of the transaction. The total consideration to the ATAC shareholders, including the implied value for the shares in Cascadia, is C$39M. The Hecla shares provide ATAC shareholders with a premium of 66%, or a 109% premium when including the value of Cascadia shares received. ATAC's head office is located in Vancouver, British Columbia.
JFIN

Hot Stocks

06:02 EDT Jiayin Group sells equity interest in Fujian Zhuoqun - Jiayin Group announced that the company has determined to sell its 100% equity interest in Fuzhou Zhuoqun Jieneng Information Technology Co., Ltd. and its subsidiary, Fujian Jiaxi Financial Guarantee Co., Ltd. On April 4, Shanghai Jiayin Finance Technology Co., Ltd, a wholly consolidated variable interest entity of the company, entered into a share acquisition framework agreement with Shenzhen Rongxinbao Non-Financial Guarantee Co., Ltd., an independent third-party guarantee company. Pursuant to the Agreement, Jiayin Finance agreed to transfer its 100% equity interest of Fujian Zhuoqun to Shenzhen Rongxinbao for an aggregate consideration of RMB395M, with February 28 as the base date of valuation. The profit and loss of Fujian Zhuoqun during the transitional period from the base date of valuation to the closing date of the proposed transaction belong to the company and will be settled in cash or any other form as determined by both parties. The base transaction consideration of RMB395M will be satisfied in the following manners: (i) approximately RMB316.2M will be settled with the payables the company owed to Fujian Zhuoqun as a result of the intercompany balances occurred before the proposed transaction, (ii) approximately RMB78.7M will be settled with the payables the company owed to Shenzhen Rongxinbao in connection with the disposal of Shanghai Caiyin Asset Management Co., Ltd. in 2019, and (iii) the rest will be paid in cash or any other form as determined by both parties. The closing of the proposed transaction is subject to certain customary conditions, including completion of satisfactory due diligence. Following the completion of the proposed transaction, Jiayin Finance will not own any equity interest in Fujian Zhuoqun.
GOOG GOOGL

Hot Stocks

05:35 EDT Google to prohibit personal loan apps from accessing user photos, contacts - Google plans to restrict apps that offer loan to individuals from accessing sensitive user data such as photos, videos and contacts, saying in an update to its Personal Loans policy on Wednesday for apps on Play Store that "Apps that provide personal loans, or have the primary purpose of facilitating access to personal loans (i.e., lead generators or facilitators), are prohibited from accessing sensitive data, such as photos and contacts." Reference Link
CNHI

Hot Stocks

05:06 EDT CNH Industrial to invest EUR 21.4M in French facility in Coex - CNH Industrial will invest EUR 21.4M over the next two years in its French manufacturing and research and development facility in Coex. This investment is focused on expanding the site's manufacturing capacities and on product development. The New Holland facility in Coex develops and manufactures self-propelled grape and olive harvesters for global export.