Stockwinners Market Radar for April 20, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

HCA

Hot Stocks

20:19 EDT FTC files petition opposing $150M HCA Healthcare-LCMC deal - The FTC has "sued to stop Louisiana Children's Medical Center (LCMC) from integrating three competing hospitals in the New Orleans area that it recently acquired, saying LCMC and HCA Healthcare, Inc. ("HCA") defied federal law by consummating the $150 million acquisition without reporting it to U.S. antitrust authorities and without observing the mandatory waiting period. In a petition filed with the U.S. District Court for the District of Columbia, the FTC is seeking a temporary restraining order and a preliminary injunction requiring that LCMC and HCA comply with the Hart-Scott-Rodino (HSR) Act, that LCMC hold the three acquired hospitals and related assets separate from its existing hospital system pending an FTC investigation into the transaction, and that LCMC give the FTC prior notice of certain transactions while the court resolves the agency's dispute." TheFly notes that in January, the Louisiana Department of Justice has given final approval to a deal in which LCMC Health has purchased three hospitals in Tulane, Louisiana, from HCA Healthcare for $150M. Reference Link
VNOM BX

Hot Stocks

20:18 EDT Viper Energy holder Blackstone sells 1.81M shares - Blackstone Holdings III LP (BX) disclosed in a regulatory filing the sale of 1,810,400 shares of Viper Energy Partners (VNOM) on April 18 at an average price of $30.03 for proceeds of $54,359,976.
TSLA

Hot Stocks

20:05 EDT Cathie Wood's ARK Investment bought 256K shares of Tesla today
ROKU

Hot Stocks

20:04 EDT Cathie Wood's ARK Investment bought 61.8K shares of Roku today
FROG

Hot Stocks

20:03 EDT JFrog CEO sells $961K in common stock - In a regulatory filing, JFrog disclosed that its CEO Shlomi Haim sold 45.9K shares of common stock April 19th in a total transaction size of $961K.
BHP

Hot Stocks

19:04 EDT BHP Group affirms FY23 Iron Ore output view of 249MT-260MT - Affirms FY23 Copper output 1,635-1,825kt and metallurgical coal output of 29-32MT.
BHP

Hot Stocks

19:03 EDT BHP Group reports Q3 iron ore output 59.8MT, up 1% from last year - Reports Q3 copper production 405.9kt, up 10% from last year and Metallurgical coal production 6.9MT, down 13% from last year. CEO Mike Henry states: "Our WA iron ore business achieved record production, and total copper output for the Group was up for the nine months, while metallurgical coal volumes were down slightly due to significant wet weather. Overall copper production for the year remains on track, however we've reduced production guidance at Escondida and also at Nickel West. We continue to focus on safety, productivity and costs as we navigate ongoing challenges and inflationary impacts. Last week, OZ Minerals shareholders voted overwhelmingly in favour of BHP's offer. We are now focused on the safe integration of the two businesses and we look forward to building an internationally competitive copper business in South Australia and incorporating West Musgrave into our nickel options in Western Australia. We are pursuing growth options in copper and nickel globally - we aim to have up to 10 drill rigs on the ground at Oak Dam in South Australia in the next few months and have seen promising results from a potential new copper prospect in Arizona. In Canada, we signed $260 million (CAD) in new contracts with Indigenous suppliers in March, and construction of the Jansen potash project is on track. Recent engagements with customers in China and India have reaffirmed our positive outlook for commodity demand, with China's economic rebound and solid momentum in India's steelmaking growth helping to offset the impact of slowing growth in the US, Japan and Europe."
VLON

Hot Stocks

18:50 EDT Vallon Pharmaceuticals stockholders approve GRI Bio merger, reverse stock split - Vallon Pharmaceuticals stockholders have approved Proposals 1, 2, 4 and 5, related to the proposed merger with GRI Bio, a privately held biotechnology company, at a special meeting of stockholders held on April 20. Accordingly, at the effective time of the merger, each share of GRI's common stock will be automatically converted into the right to receive a number of shares of Vallon's common stock equal to the exchange ratio, as calculated pursuant to the merger agreement. The exchange ratio is 0.0374. Vallon's stockholders also approved a reverse stock split of shares of Vallon's common stock at a ratio anywhere in the range of not less than 1 new share for every 15 shares and not greater than 1 new share for every 40 shares outstanding. Vallon's board of directors has set the Reverse Split ratio at 1-for-30. In connection with the execution of the merger agreement, Altium Capital agreed to invest approximately $15M at a pre-money valuation of $75M of which $2.5M has already been invested and an additional $12.25M will be invested coincident with the close of the merger. The combined company is expected to use the proceeds from the financings to fund the advancement of GRI Bio's Natural Killer T development pipeline into mid-2024 with an initial focus on idiopathic pulmonary fibrosis. The closing of the merger is anticipated to take place on April 21. The merger would result in a combined company which will operate under the name "GRI Bio, Inc." and will focus on advancing GRI Bio's pipeline of NKT cell modulators for the treatment of inflammatory, fibrotic and autoimmune diseases. The shares of company common stock previously trading on Nasdaq through the close of business on April 21 under the ticker symbol "VLON," are expected to commence trading on The Nasdaq Capital Market, on a post-Reverse Split adjusted basis, under the ticker symbol "GRI", effective April 24.
NUE

Hot Stocks

18:22 EDT Nucor CEO: Nucor's future has never been brighter - In an interview on CNBC's Mad Money, Leon Topalian said the company is coming off a record 2022 and continued to perform in Q1. He expects dividends and share repurchases will continue "well into the future." Nucor is the most diversified steelmaker in the nation and it's investing in non-cyclical companies, he noted. He expects the size of the company to double in five years.
EFX

Hot Stocks

17:50 EDT Equifax receives CID from CFPB amid consumer dispute probe - Equifax received a Civil Investigative Demand or CID, from the CFPB as part of its investigation into our consumer disputes process in order to determine whether we have followed the FCRA's requirements for the proper handling of consumer disputes. The CID requests the production of documents and answers to written questions. We are cooperating with the CFPB in its investigation and are in discussions with the CFPB regarding our response to the CID. In addition, in January 2023, the CFPB informed us that its enforcement division will be investigating our previously-disclosed coding issue identified within a legacy server environment in the U.S. slated to be migrated to the new Equifax cloud infrastructure which impacted how some credit scores were calculated during a three-week period in 2022. We are cooperating with the CFPB in its investigation. At this time, we are unable to predict the outcome of these CFPB investigations, including whether the investigations will result in any actions or proceedings against us. This information was accesses in a company regulatory filing.
UAL BA

Hot Stocks

17:27 EDT United says six Boeing 737 MAX deliveries delayed due to manufacturing issue - In a regulatory filing, United Airlines (UAL) said that Boeing (BA) notified the company that due to a manufacturing process issue relating to certain Boeing 737 MAX fuselages, six Boeing 737 MAX 8 aircraft scheduled for delivery in the second quarter of 2023 will be delayed. Boeing may inform United that additional Boeing 737 MAX 8 aircraft scheduled for delivery in the third quarter of 2023 may be delayed and/or that certain Boeing 737 MAX aircraft currently expected to be delivered in 2023 may deliver in 2024. However, at this time, United does not expect these delays to be extensive or to have a significant impact on its capacity plan for 2023.
POAI

Hot Stocks

17:10 EDT Predictive Oncology announces reverse stock split - Predictive Oncology announced that it is effecting a reverse stock split of its common stock at a ratio of 1 post-split share for every 20 pre-split shares. The reverse stock split will become effective at 12:01 a.m. on Monday, April 24, 2023. Predictive Oncology's common stock will continue to be traded on the Nasdaq Capital Market under the symbol POAI and will begin trading on a split-adjusted basis when the market opens on Monday, April 24, 2023. The new CUSIP number for the Company's common stock following the reverse stock split will be 74039M309. The reverse stock split is primarily intended to bring the Company into compliance with the minimum bid price requirement to maintain the listing of the Company's common stock on the Nasdaq Capital Market. At a reconvened special meeting of stockholders held on April 19, 2023, Predictive Oncology's stockholders granted the Company's Board of Directors the discretion to effect a reverse stock split of Predictive Oncology's common stock through an amendment to its Certificate of Incorporation at a ratio of not less than 1-for-2 and not more than 1-for-25, such ratio to be determined by the Company's Board of Directors.
ASGOF

Hot Stocks

17:02 EDT Asante Gold says Fujairah expression of interest not in best interest of company - Asante Gold Corporation announced that it has received an unsolicited, non-binding and conditional expression of interest from Fujairah Holding LLC, which owns 11.43% of the outstanding shares of the company, expressing an interest in acquiring all of the company's issued and outstanding common shares not held by Fujairah, which the Board of Directors of the company has reviewed and determined is not in the best interests of the company or its shareholders. In response to the Non-Binding Expression of Interest, the Board formed a special committee of independent directors to review the Non-Binding Expression of Interest. Cash consideration was contemplated in the Non-Binding Expression of Interest at a price of C$2.20 per common share. Following a review, in consultation with the company's financial and legal advisors, the Board has determined that the Non-Binding Expression of Interest is highly conditional and fails to address Asante's near-term financing requirements.
AZYO

Hot Stocks

16:40 EDT Aziyo Biologics in distribution pact with LeMaitre for U.S cardio products - Aziyo Biologics (AZYO) announced it has entered into a distribution agreement with LeMaitre Vascular (LMAT) a provider of vascular devices, implants and services. Under the agreement terms, Aziyo will grant LeMaitre exclusive U.S. distribution rights for the products within its cardiovascular segment: "We are thrilled to collaborate with LeMaitre, an established leader in the vascular space, to distribute our cardiovascular surgery products," said Dr. Randy Mills, President and Chief Executive Officer of Aziyo. "Our products are designed to be highly efficacious across a wide range of applications, and we look forward to expanding their availability by leveraging LeMaitre's much larger commercial organization. This partnership should increase our operational efficiency as we focus our commercial resources behind our CanGaroo Envelope, which is utilized to help reduce complications associated with implantable electronic devices such as pacemakers, defibrillators and neuromodulation devices."
JPM

Hot Stocks

16:33 EDT JPMorgan announces replacement rate for securities linked to LIBOR ICE swap rate - JPMorgan Chase & Co. announced its replacement rate for certain outstanding floating rate and fixed-to-floating rate debt securities and certificates of deposit issued by JPMorgan Chase, JPMorgan Chase Financial Company LLC and JPMorgan Chase Bank, N.A. that are linked to U.S. dollar LIBOR ICE Swap Rates of one or more tenors. In March 2021, the Alternative Reference Rates Committee suggested a fallback formula for USD LIBOR ISR that consists of using the U.S. dollar SOFR ICE Swap Rate, adding the tenor spread adjustment for 3-month U.S. dollar LIBOR of 0.26161% per annum and applying technical adjustments to account for differences in payment frequency and day count conventions between USD LIBOR and SOFR swaps. On June 8, 2022, the ARRC recommended that calculation agents consider the ARRC fallback formula in determining successor rates for USD LIBOR ISR where a legacy position cannot be proactively converted and its fallback provisions cannot be amended. In the case of any of the above securities or instruments that permit the calculation agent to select a successor rate following the discontinuation of USD LIBOR ISR, the calculation agent has determined that, for the purposes of calculating any payment on any such securities or instruments that is to be determined using one or more USD LIBOR ISR after June 30, 2023, any such USD LIBOR ISR will be replaced by the USD SOFR ISR for the same tenor as such USD LIBOR ISR, subject to the adjustments, including the 0.26161% per annum tenor spread adjustment, in accordance with the ARRC fallback formula.
PKE

Hot Stocks

16:20 EDT Park Aerospace enters cooperation agreement with Huffman Prairie - Park Aerospace announced that it has entered into a cooperation agreement with Huffman Prairie Holdings and related entities under which the company plans to nominate Shane Connor, Huffman Prairie's managing partner, for election as a director of the company at its upcoming 2023 annual shareholders meeting.
VMI

Hot Stocks

16:19 EDT Valmont raises quarterly dividend to 60c per share from 55c
ASPN

Hot Stocks

16:19 EDT Aspen Aerogels files patent infringement lawsuit against Beerenberg - Aspen Aerogels announced that it has filed actions against Beerenberg Services AS, Beerenberg Korea Ltd., their Singaporean supplier and their Chinese aerogel manufacturer related to the unlawful import and sale of allegedly infringing aerogel products. Aspen filed an action for patent infringement in the Seoul Central District Court and also an action for unfair trade practices in the Korea Trade Commission. Beerenberg's aerogel blanket product is believed to infringe several of Aspen's patents related to high performance reinforced aerogel compositions. Additionally, Aspen has alleged that Beerenberg is infringing the Korean counterparts of patents previously enforced successfully by Aspen against Chinese aerogel manufacturers in Germany and the United States. Aspen is seeking injunctive relief and monetary damages against the defendants. "Our patent portfolio has been consistently validated in courts across the United States, Europe and Asia. Chinese-made aerogel products have been found to infringe our patents in multiple jurisdictions globally. With the filing of this action against Beerenberg, we again send a clear message to the markets that we will continue to aggressively enforce our intellectual property rights against any importer, distributor, reseller or customer of aerogel products that infringe our patents," said Donald R. Young, President and CEO of Aspen.
HSTO

Hot Stocks

16:18 EDT Histogen publishes preclinical emricasan study data - Histogen announced the online publication of an abstract describing a preclinical study showing that emricasan has therapeutic effect against bacterial skin infections. In the study, the role of the irreversible pan-caspase inhibitor emricasan alone and in combination with a standard-of-care antibiotic, doxycycline, was examined as potential host-directed immunotherapy against bacterial infections in vivo. Mice in four groups; placebo, placebo plus doxycycline, emricasan plus doxycycline, and emricasan alone were treated orally twice daily for seven days after intradermal injection of the established CA-MRSA strain USA300 LAC: lux of Staphylococcus aureus in mice. The results of the study show that: emricasan alone reduced both lesion size and bacterial burden versus placebo; emricasan alone showed efficacy superior to doxycycline alone in lesion size (p=0.02); and emricasan alone and emricasan plus doxycycline showed comparable efficacy versus placebo in both lesion size and bacterial burden.
VMI

Hot Stocks

16:18 EDT Valmont announces $400M share buyback
AIG

Hot Stocks

16:16 EDT AIG issues statement on passing of board member Thomas Motamed - AIG issued the following statement from Chairman & Chief Executive Officer Peter Zaffino on behalf of the AIG Board of Directors regarding the passing of Thomas F. Motamed, who served as a Director on the AIG Board from January 2019 to January 2023. "I am deeply saddened by Tom Motamed's recent passing. He served on the AIG Board of Directors since January 2019 and was a steady presence during a critical part of AIG's turnaround and transformation," said Peter Zaffino, Chairman & Chief Executive Officer. "Over the course of his distinguished career at The Chubb Corporation and CNA Financial, Tom made a lasting impression on the insurance industry through his dedication to the agents, brokers, clients, and other partners who benefitted from his insights, expertise and judgment. On behalf of the entire AIG Board, we extend our deepest condolences to Tom's wife, Christine, and to his children and grandchildren."
ALLO

Hot Stocks

16:10 EDT Allogene Therapeutics appoints Timothy Moore as chief technical officer - Allogene Therapeutics announced the appointment of Timothy Moore to executive VP, chief technical officer effective April 24. The selection of Moore, the former executive VP, technical operations of Kite Pharma responsible for the global development of two of the most commercially successful autologous CAR T manufacturing processes in the industry, reinforces the company's mission to being the first to bring an AlloCAR T product to market. Moore succeeds Alison Moore, who intends to serve as a consultant to Allogene.
WISH

Hot Stocks

16:08 EDT ContextLogic announces $50M stock repurchase program - ContextLogic announced that its Board of Directors has approved a share repurchase program with authorization to repurchase up to $50M in shares of its Class A common stock. "We believe that the current macroeconomic environment and the strength of our balance sheet presents an attractive buying opportunity for our stock. This share repurchase program demonstrates the Board's and management's confidence in the future of our business and our commitment to creating long-term, sustainable value for our shareholders," said Vivian Liu, Chief Financial Officer and Chief Operating Officer of Wish. "We believe the current market does not reflect the long-term value of our shares of common stock and we believe this share repurchase program will support our efforts to unlock the long-term value and opportunity we see ahead."
SAIA

Hot Stocks

16:07 EDT Saia opens LTL Freight terminal in Georgia - Saia opened its new Saia LTL Freight terminal in Buford, Georgia with a ribbon cutting ceremony as it seeks to get closer to customers located throughout the Metro Atlanta area.
OUST

Hot Stocks

16:05 EDT Ouster says 1-for-10 reverse stock split becomes effective - Ouster that its previously announced 1-for-10 reverse stock split of the Company's common stock, par value $0.0001 per share, and corresponding common stock adjustment became effective at 4:01 p.m. Eastern Time on April 20, 2023. The Company's common stock will begin trading on a split-adjusted basis on the New York Stock Exchange when the markets open on Friday, April 21, 2023, under the existing trading symbol "OUST" and new CUSIP number: 68989M 202. The reverse split affected all issued and outstanding shares of common stock. As a result of the reverse stock split, every 10 shares of the Company's issued and outstanding common stock automatically combined into one share of issued and outstanding common stock. No fractional shares will be issued as a result of the reverse stock split. Any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share of common stock. The reverse stock split affects all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's outstanding common stock, except for adjustments that may result from the treatment of fractional shares, as described above.
SBCF

Hot Stocks

16:05 EDT Seacoast Banking increases quarterly dividend to 18c per share - Seacoast Banking announced that the company's board of directors declared a quarterly cash dividend to the holders of the company's common stock and approved a quarterly increase from 17c to 18c per share. The dividend is payable on June 30 to shareholders of record at the close of business on June 15.
IVCB

Hot Stocks

16:03 EDT Investcorp Europe Acquisition I receives Nasdaq noncompliance notification - Investcorp Europe Acquisition Corp I announced that on April 19, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market stating that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of it not having timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission. The Nasdaq notification letter provides the Company with 60 calendar days, or until June 20, 2023, to submit to Nasdaq a plan to regain compliance in accordance with Nasdaq's listing requirements. If the Company's plan is accepted, Nasdaq may grant the Company up to 180 days, or until October 16, 2023, for the Company to regain compliance. If Nasdaq does not accept the Company's plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Pane under Nasdaq Listing Rule 5815(a). The Nasdaq notification letter has no immediate effect on the listing of the Company's common stock on the NASDAQ Capital Market.
JANX

Hot Stocks

16:02 EDT Janux Therapeutics announces first patient dosed with JANX008 in Phase 1 trial - Janux Therapeutics announced the first patient has been dosed at City of Hope in a Phase 1 clinical trial of JANX008 in subjects with advanced or metastatic solid tumors including colorectal cancer, squamous cell carcinoma of the head and neck, non-small cell lung cancer, and renal cell carcinoma. JANX008 is an epidermal growth factor receptor directed T cell engager and is the second product candidate utilizing Janux's TRACTr platform to be administered in humans. "We are excited to initiate the clinical evaluation of our second product candidate from our TRACTr platform. JANX008 is designed to achieve tumor-selective T-cell activation and tumor killing while sparing healthy tissues," said Wayne Godfrey, M.D., Chief Medical Officer at Janux. "Our preclinical data with JANX008 demonstrated tumor growth inhibition and lower toxicity levels, when compared to an unmasked T cell engager."
ESTA

Hot Stocks

15:27 EDT Establishment Labs says update on Motiva U.S. IDE study presented - Establishment Labs noted the presentation of a study update on the Motiva US IDE Study. The update included three-year patient follow-up data for primary augmentation subjects. The Medical Director of the Study, Dr. Caroline Glicksman, who is also a Principal Investigator in the Study, presented the results today at Aesthetic Surgery Education and Research Foundation, or ASERF, Premier Global Hot Topics session as part of The Aesthetic Meeting 2023. Dr. Glicksman presented data for the 451 primary augmentation patients enrolled in the study through the three-year follow-up visit. Patient compliance in the primary augmentation cohort of the trial at three years was 92.4%. "The Motiva US IDE study is still in follow-up, but the consistency in clinical outcomes from year two to year three are notable, with no increase in capsular contracture or the number of patients with suspected or confirmed rupture, including in the MRI cohort. The preliminary results and the continued high rates of patient follow-up remain encouraging. These results are the latest evidence of the performance of Motiva implants, adding to data collected over twelve years and from over three million implants placed in markets globally. The clinical results presented today have been submitted to the FDA as part of the final module of the PMA, and we look forward to this new standard in breast implants being made available to women in the United States," said Dr. Glicksman.
MAIA

Hot Stocks

15:22 EDT MAIA Biotechnology jumps over 2% after survival data in patients with NSCLC - Shares of MAIA Biotechnology are up over 2% or 8c per share to $3.61 in late day trading on Thursday after the company announced earlier, preliminary survival data in the Part A safety lead-in of its ongoing phase 2 trial, THIO-101 evaluating THIO in patients with advanced Non-Small Cell Lung Cancer NSCLC. The first 2 patients enrolled in Part A of the study continue to be alive, approximately 10 and 9 months respectively, from treatment initiation. Both patients have advanced Stage IV metastatic disease and are heavily pretreated, receiving third and fourth line of therapy respectively after previously failing treatment with an immune checkpoint inhibitor. "The current treatment options in patients with advanced relapsed or refractory NSCLC who failed two or more therapy regimens are limited and show minimal benefit. Furthermore, discontinuation of treatment is rapidly followed by physical decline and death, therefore seeing patients with such survival and no disease progression in this clinical setting, is noteworthy," says MAIA's Chief Medical Officer Mihail Obrocea.
VERU BWV

Hot Stocks

15:12 EDT Veru shares spike over 10% after Blue Water to acquire Entadfi for $20M + - Shares of biopharmaceutical firm Veru (VERU) are up over 11% or 12c per share to $1.15 in late day trading on Thursday, after announcing announcing the sale of its ENTADFI or finasteride and tadalafil, capsules business for benign prostatic hyperplasia BPH to Blue Water Vaccines (BWV) for $20M and up to an additional $80M from sales milestones. Under the terms of the agreement, Veru received $6M at closing and Blue Water is obligated to pay the Company an additional $4M in the Company's fiscal year 2023, and an additional $10Mn in installments in the Company's fiscal year 2024. In addition, Veru could receive up to an additional $80 million if certain ENTADFI sales milestones are achieved. Blue Water Vaccines is lower by 3% to $1.08 per share.
SLG

Hot Stocks

15:08 EDT SL Green Realty CEO says 'market to consummate' deals with relatively low LTVs - Asked about loan-to-value, or LTV, ratios on the company's Q1 earnings call, SL Green CEO Marc Holliday said: "I'd say if we have a successful conclusion, then what we'll learn or reaffirm is that for good sponsors, good assets, good locations with relatively low LTVs, there's a market to consummate that deal. Yes, I would say we've learned that. I'd say that we just maybe be confirmatory if we can get that done." Asked the follow-up question "And then I guess just in general, how are lenders thinking about LTV in general?", Holliday responded: "The lenders are probably in about 5 to 10 percentage points from, let's call it, the peak of the liquid market. So much more in that 50% to 55% LTV range."
MRTX

Hot Stocks

15:02 EDT Mirati Therapeutics' treatment of Mesothelioma granted FDA orphan designation - According to a post on the FDA's website, Mirati Therapeutics' treatment of Mesothelioma was granted orphan designation. Reference Link
ELTP

Hot Stocks

14:58 EDT Elite Pharmaceuticals files ANDA with FDA for generic antimetabolite drug - Elite Pharmaceuticals announced earlier on Thursday, that it filed an Abbreviated New Drug Application, ANDA, with the US Food and Drug Administration or an undisclosed generic drug product in a class of medications called antimetabolites. IQVIA reported annual sales for the twelve months ending December 2022 of $42 million for the generic market for this product.
CNC

Hot Stocks

14:08 EDT Centene names Anika Gardenhire as Chief Customer Experience Officer - Centene announced it has named Anika Gardenhire RN, BSN, MMCI as its Chief Customer Experience Officer, or CXO. "In her new role, Ms. Gardenhire will work collaboratively across the organization to ensure the voices of Centene's customers are heard throughout all enterprise decision-making processes... Ms. Gardenhire joined Centene in 2020. Most recently, she served as Chief Digital Officer and was responsible for leading the digital solutions and products organization," the company stated.
CRGO

Hot Stocks

14:05 EDT Freightos reports 229K transactions booked in Q1 vs 211K in Q4 - Freightos Limited reported Q1 2023 Key Performance Indicators. Financial results will be reported separately. Transactions 229,211 vs management's expectations of 218,500 - 225,000. A record 229K transactions were booked on the platform in Q1 2023, up from 211K in Q4 2022 and 114K in Q1 2022. This exceeded the high end of management's expectations by 2% and represented an 8.8% increase compared to the previous quarter, despite market softness and the first quarter being the normally seasonally weak quarter for the industry. Freightos has experienced record platform Transaction growth for the previous 13 consecutive quarters. Despite market conditions, GBV exceeded management expectations as a result of strong Transaction growth. This growth was supported by an increase in both demand - users booking across the platform - and supply - carriers offering their services on the platform. The number of Unique buyer users digitally booking freight services across the Freightos Platform grew 29% compared to Q1 2022, reaching 16,226. Carriers selling on the platform, primarily on WebCargo, reached 37 in Q1 2023, up 19% year over year.
BMO

Hot Stocks

14:02 EDT BMO names Darrel Hackett U.S. CEO for BMO Financial - BMO announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. Hackett will report to Chief Executive Officer Darryl White, join the bank's Executive Committee, and will chair the U.S. Management Committee. His appointment is effective June 1, 2023. "As our U.S. CEO, Darrel's track record of dedication to our clients' success, extensive community leadership, and commitment to making progress for the elimination of barriers to inclusion will be key to the continued success of BMO U.S.," said Darryl White, CEO of BMO Financial Group. "Darrel is a purpose-driven, high performing and client focused leader and I am excited to work with him in this new role as Team BMO continues to break new ground in the U.S. market."
LAC

Hot Stocks

14:01 EDT Lithium Americas completes acquisition of Arena Minerals - Lithium Americas announced the completion of the previously announced plan of arrangement whereby Lithium Americas has acquired all of the issued and outstanding common shares of Arena. Arena owns 65% of the Sal de la Puna project covering approximately 13,200 hectares of the Pastos Grandes basin located in Salta, Argentina. "With the completion of the acquisition, we have taken a big step towards consolidating the Pastos Grandes basin. While our focus remains on near-term startup of production at Cauchari-Olaroz, the addition of Arena provides increased flexibility as we continue to advance our growth plans in Argentina," said John Kanellitsas, Vice Chairman of Lithium Americas.
HYMTF KIMTF

Hot Stocks

13:58 EDT States led by CA AG ask for recall of Hyundai, Kia 'theft-prone' vehicles - California Attorney General Rob Bonta led a coalition of 18 states calling for a federal recall of Hyundai (HYMTF) and Kia (KIMTF) vehicles following what they call "the companies' continued failure to take adequate steps to address the alarming rate of theft of their vehicles." The letter, sent to the National Highway Traffic Safety Administration, requests NHTSA "to institute a recall of unsafe Hyundai and Kia vehicles manufactured between 2011 and 2022 whose easily bypassed ignition switches and lack of engine immobilizers make them particularly vulnerable to theft. In March 2023, a coalition of attorneys general urged the companies to take stronger steps to address the safety concerns of their vehicles. This letter now calls on the federal government to step in, as the vehicles' systems remain out of compliance with federal standards and pose an unreasonable risk to public safety, and the companies have failed to address these safety issues." The coalition asserts that Kia and Hyundai have not gone far enough in their attempts to remedy their vehicles' vulnerability to theft. While the companies have offered a software upgrade, this upgrade will not be available for many affected vehicles until June and for some 2011-2022 models cannot be installed at all. Vehicle owners who cannot receive the software upgrade can reportedly receive a free steering wheel lock from Kia and Hyundai, but this places additional burdens on owners and does not address the underlying ignition system flaw that makes the vehicles so vulnerable to theft, the coalition says. Reference Link
AGR

Hot Stocks

13:53 EDT Cumberland County court says Avangrid's NECEC project may lawfully proceed - The following is a statement from Scott Mahoney, Senior Vice President - General Counsel at AVANGRID regarding today's decision by a Cumberland County jury: "The jury's unanimous verdict affirms the prior rulings of the Maine Supreme Judicial Court that the New England. Clean Energy Connect NECEC project may lawfully proceed. Even after repeated delays and the costs caused the change in law, the NECEC project remains the best way to bring low-cost renewable energy to Maine and New England while removing millions of metric tons of carbon from our atmosphere each year."
WMB MPLX

Hot Stocks

13:38 EDT Justice Department, EPA announce Clean Air Act settlements with Williams, MPLX - The Department of Justice and the Environmental Protection Agency, or EPA, announced three separate settlements with natural gas processors that will require the companies to pay a combined $9.25M in civil penalties and make improvements at 25 gas processing plants and 91 compressor stations. The states of Alabama, Colorado, Louisiana, North Dakota, West Virginia, and Wyoming, and the Southern Ute Indian Tribe, are also settling claims against the companies. When fully implemented, the combined settlements with Williams (WMB), MPLX (MPLX) and WES DJ Gathering fka Kerr-McGee Gathering will reduce ozone-producing air pollution by an estimated 953 tons per year and greenhouse gases by 50,633 tons per year of carbon dioxide equivalent, including methane, they said. The settlements filed address allegations that Williams, MPLX and WES DJ Gathering violated federal and state clean air laws related to leak detection and repair requirements for natural gas processing plants at various facilities that they own and operate across the nation. Under the settlements, the companies will spend approximately $16M combined on injunctive relief requirements. To minimize emissions at the natural gas processing plants, the defendants will install and operate new technologies, as well as improve and expand existing control techniques. These commitments include installing equipment that leaks less, conducting audits, reviewing compliance with leak detection and repair requirements, and repairing leaking equipment faster. The companies will improve staff training for leak detection and repair at their facilities, and they have agreed to use optical gas imaging technology at their facilities to improve the visual detection of leaks and quickly repair them. Finally, Williams, MPLX and WES DJ Gathering will implement additional projects to mitigate the harm caused by the excess emissions resulting from their violations of the CAA. These projects vary by company, and more information about each project can be found in the fact sheets linked above. Reference Link
MU

Hot Stocks

13:36 EDT Micron enters settlement agreement with DOJ over employment discrimination - The Justice Department announced it has secured a settlement agreement with Micron Technology. The settlement resolves the department's determination that Micron violated the Immigration and Nationality Act by discriminating against a U.S. citizen when it failed to hire him for a position and instead hired a temporary visa worker. The department's investigation began when a U.S. citizen worker complained that Micron unfairly denied him employment because of his citizenship status. The department determined that Micron unlawfully preferred a temporary visa worker for the position, failing to meaningfully consider the U.S. citizen's qualifications. Under the INA, employers cannot discriminate based on citizenship, immigration status or national origin at any stage of the hiring process, unless required or allowed by law. Under the settlement, Micron will pay a civil penalty to the United States and offer back pay totaling $85,000 to the affected worker. Additionally, Micron will train its staff on the INA's anti-discrimination provision, change its policies and procedures and be subject to departmental monitoring for a two-year period. Reference Link
LYTS

Hot Stocks

13:30 EDT LSI Industries selected as lighting partner for new EV battery factory - LSI Industries announced that it has been selected as the lighting partner for "a new state-of-the-art" electric vehicle battery production facility in Kentucky. "This partnership comes as the demand for EVs continues to surge and the need for advanced manufacturing infrastructure grows. LSI Industries' cutting-edge LED lighting solutions will be used to illuminate the factory and office spaces of the multi-billion dollar EV battery complex," the company stated. James Clark, President and CEO of LSI Industries, added, "LSI Industries is honored to be recognized as a key partner in this project. Our strong domestic manufacturing capabilities make us an excellent choice to deliver high-quality lighting solutions for this ground-breaking facility."
GOOG GOOGL

Hot Stocks

13:17 EDT Alphabet's Google merges AI resources, announces Google DeepMind - Alphabet's Google has merged its two main artificial-intelligence research units. The new unit, Google DeepMind, combines the existing Google Brain and DeepMind research groups into one team. In a blog post, Google and Alphabet CEO Sundar Pichai says that, "To ensure the bold and responsible development of general AI, we're creating a unit that will help us build more capable systems more safely and responsibly. This group, called Google DeepMind, will bring together two leading research groups in the AI field: the Brain team from Google Research, and DeepMind... Combining all this talent into one focused team, backed by the computational resources of Google, will significantly accelerate our progress in AI. As CEO of Google DeepMind, Demis Hassabis will lead the development of our most capable and responsible general AI systems - research that will help power the next generation of our products and services. Jeff Dean will take on the elevated role of Google's Chief Scientist, reporting to me... Google Research will continue its important work leading fundamental advances in computer science across areas such as algorithms and theory, privacy and security, quantum computing, health, climate and sustainability and responsible AI, and will report in to James Manyika along with his existing Tech & Society teams." Reference Link
SSP

Hot Stocks

13:17 EDT E.W. Scripps announces multi-year agreement with WNBA - The Women's National Basketball Association, or WNBA, and The E.W. Scripps Company announced they have signed a multi-year agreement to televise games on Friday nights during the regular season on national entertainment network ION. "The WNBA is the first sports property to air on ION, which will implement an extensive promotional effort to drive awareness and tune-in for the new Friday primetime franchise. Bounce, Scripps News and Scripps' other popular national networks will help with cross-marketing and promotion. Scripps also will use its local TV stations to promote the 'WNBA Friday Night Spotlight on ION' throughout the season," the company stated.
SONY

Hot Stocks

13:08 EDT Sony Interactive Entertainment to acquire Firewalk Studios; terms not disclosed - Sony Interactive Entertainment announced it has entered into an agreement with ProbablyMonsters Inc. to acquire Firewalk Studios, a studio developing an original AAA multiplayer game for PlayStation 5 and PC. Firewalk was formed in 2018 as part of ProbablyMonsters. With nearly 150 employees and growing, Firewalk's day-to-day operations post-acquisition will continue to be run by the studio's management team in collaboration with PlayStation Studios External Development team. Terms of this transaction, including the acquisition cost, are not disclosed due to contractual commitments.
AOUT

Hot Stocks

13:07 EDT American Outdoor Brands settles trademark litigation with GSM - American Outdoor Brands, , or "AOB," announced that on April 6 it executed an agreement with Good Sportsman Marketing, or "GSM," to settle litigation related to GSM's "improper use of trademarks owned by AOB and allegations of infringement of AOB's patent rights." "American Outdoor Brands' trademark and patent infringement action against GSM was initiated in October 2022, and was related to GSM's use of AOB's LEAD SLED, TACKDRIVER, and DEAD SHOT marks, as well as to GSM's sales of its Alpha Shooting Rest. The settlement agreement provides that GSM will compensate AOB; judgment in American Outdoor Brands' favor on its claim for trademark infringement and that GSM will cease all sales, advertising, marketing, and shipments of its Alpha Shooting Rest; as well as additional undisclosed terms. In addition, on April 14, 2023, the United States District Court for the District of Delaware entered a permanent injunction against GSM enjoining future infringement of AOB's trademarks," the company stated. Brian Murphy, President and CEO of American Outdoor Brands, added, "We are pleased with this settlement agreement, which protects our intellectual property, and allows us to remain focused on building authentic, lifestyle brands that help our consumers make the most out of the moments that matter."
LYV

Hot Stocks

13:06 EDT Live Nation introduces Vibee, a music-led destination experience company - The company said, "Vibee, the new music-led destination experience company, has officially arrived and is transforming the way fans travel and connect with their favorite artists. Founded by Live Nation, Vibee builds unforgettable immersive trips for music lovers in the most sought after destinations around the world. Vibee is launching with confirmed partnerships with many of the industry's most respected live event and festival producers including Insomniac, C3 Presents, Country Nation as well as other Live Nation festival properties. The company aims to create a range of opportunities that are both cross-generational and genre diverse, from multi-day events & activations on land and sea, to bespoke festival & residency packages."
WULF

Hot Stocks

13:04 EDT TeraWulf announces full deployment of 50 MW at Nautilus Cryptomine facility - TeraWulf announced that the Company has now fully energized its 50-MW stake in the Nautilus Cryptomine facility, a joint venture with Cumulus Coin. The Nautilus facility directly sources reliable, carbon-free, 24x7 baseload power from the 2.5 GW Susquehanna nuclear generation station in Pennsylvania. The Company deployed its full share in phase one of the facility, 50 MW and 1.9 EH/s, ahead of schedule. TeraWulf has the option to add an additional 50 MW of mining capacity at the Nautilus facility, which the Company plans to deploy in future phases. With TeraWulf's stake in the Nautilus facility now fully ramped to 50 MW, the Company currently has an operating hashrate of 4 EH/s, reflecting a nearly 100% increase year to date.
CCJ

Hot Stocks

13:02 EDT Cameco signs ten-year nuclear fuel agreement in Bulgaria - Cameco has signed a 10-year supply contract to provide sufficient volumes of natural uranium hexafluoride, or UF6, to meet the full requirements of the Kozloduy 5 Reactor at the Kozloduy Nuclear Power Plant, the only nuclear generating station in the Republic of Bulgaria. The agreement, running through 2033, will see Cameco deliver a total of approximately 2.2 million KgU as UF6.
HENKY

Hot Stocks

12:53 EDT Henkel divests business activities in Russia - Henkel has signed an agreement on the sale of its business activities in Russia to a consortium of local financial investors. In April 2022, the company had announced the decision to exit from Russia. The consortium that acquires the Henkel business activities in Russia includes Augment Investments, Kismet Capital Group and Elbrus Services. All acquirers have established and long-standing business relationships in Western countries and are not subject to EU or US sanctions. The agreed purchase price amounts to RUB54B, which corresponds to around EUR600M. The relevant Russian authorities have already approved the transaction; the final closing is still pending.
SUNL PGY

Hot Stocks

12:50 EDT Sunlight jumps 28% to 42c after Bloomberg says Pagaya exploring buyout
AJRD

Hot Stocks

12:35 EDT Aerojet Rocketdyne awarded IDIQ contract worth up to $75M - Aerojet Rocketdyne's specialty metal provider Aerojet Ordnance Tennessee has been awarded a multi-year Indefinite Delivery Indefinite Quantity contract worth up to $75M by the Army's Project Manager for Maneuver Ammunitions Systems to provide M829A4 120mm Kinetic Energy round components. The M829A4 is an Armor-Piercing, Fin-Stabilized, Discarding-Sabot, Tracer round fired from the U.S. Army's M1 Abrams Main Battle Tank. "We are pleased to continue supporting the Army with the cutting-edge, armor-piercing technology that protects our forces and keeps our adversaries on the defensive," said Eileen P. Drake, Aerojet Rocketdyne CEO and president. Aerojet Rocketdyne noted that it has provided these armor-piercing components since the introduction of the M1 Abrams Main Battle Tank.
CASA

Hot Stocks

12:06 EDT Casa Systems selected by LG U+ for virtualized Home eNodeB Gateway solution - Casa Systems announced that LG U+ selected its virtualized Home eNodeB Gateway solution to "help the South Korean operator modernize its network infrastructure and unlock new services and revenue streams as part of its broader network and service strategy." Gibson Ang, Vice President of Technology at Casa Systems, said: "As LG U+ looked to scale the reach, performance and security of its corporate services, it recognized the value of Casa Systems' fully virtualized HeNB GW and SeGW solution featuring unmatched performance from a small footprint, enabling them to cost-effectively scale services. E-Tech System is a leader in the industry with a long history of delivering innovative software-based solutions and services to its customers. We look forward to working with E-Tech System on this and opening new doors for other deployments in Korea that would benefit from our 4G/5G cloud-native solutions."
DUK

Hot Stocks

12:01 EDT Duke Energy appoints Oscar Suris as CCO - Duke Energy named Oscar Suris Senior Vice President and Chief Communications Officer. Suris is replacing Selim Bingol, who retired from Duke Energy in late March. Suris will assume his new role in mid-May and report to Louis Renjel, Executive Vice President, External Affairs and Communications. Suris will lead the development of communications strategies that advance the company's brand and support its clean energy transition. This will include overseeing media relations, executive communications, employee communications, social media, advertising, issues management and business unit support. Suris will join Duke Energy from Edelman where he served as President of Edelman New York.
XRTX

Hot Stocks

12:00 EDT Xortx Therapeutics' oxypurinol receives FDA orphan designation - Xortx Therapeutics' oxypurinol received FDA orphan designation as a treatment of autosomal dominant polycystic kidney disease, according to a post to the agency's website. Reference Link
GFF

Hot Stocks

12:00 EDT Griffon falls -9.8% - Griffon is down -9.8%, or -$3.11 to $28.50.
GETY

Hot Stocks

12:00 EDT Getty Images falls -12.6% - Getty Images is down -12.6%, or -80c to $5.54.
NVRO

Hot Stocks

12:00 EDT Nevro falls -17.4% - Nevro is down -17.4%, or -$6.83 to $32.48.
NOVA

Hot Stocks

12:00 EDT Sunnova Energy rises 11.0% - Sunnova Energy is up 11.0%, or $1.74 to $17.57.
XPO

Hot Stocks

12:00 EDT XPO Logistics rises 15.6% - XPO Logistics is up 15.6%, or $5.39 to $39.97.
MSC

Hot Stocks

12:00 EDT Studio City rises 18.0% - Studio City is up 18.0%, or $1.37 to $8.98.
POOL

Hot Stocks

11:50 EDT Pool Corp.: Cancellation rate 'really hasn't changed' - Comments taken from Q1 earnings conference call.
NHYDY

Hot Stocks

11:41 EDT Norsk Hydro announces end of labor dispute between NHO, LO - The company said, "The Norwegian Labor Union and The Confederation of Norwegian Enterprise have agreed today on a solution to the labor dispute that led to a strike on Monday, April 17. Hydro Karmoy and Hydro Ardal will resume normal operations and shipping of products to customers will be resumed. The financial consequences for the company and delays to customers are expected to be limited."
CARR

Hot Stocks

11:39 EDT EPA's NVFEL awards $130M contract to NORESCO - The U.S. Environmental Protection Agency's National Vehicle and Fuel Emissions Laboratory in Ann Arbor, Michigan, selected NORESCO to implement a new decarbonization program through an energy savings performance contract. The new ESPC program includes $130M of energy efficiency improvements, critical infrastructure upgrades and comprehensive operations and maintenance services over a 22-year term.
BZFD

Hot Stocks

11:27 EDT BuzzFeed announces departure of COO Christian Baesler - BuzzFeed announced that Christian Baesler, its Chief Operating Officer and the CEO of Complex Networks, will be departing the company, effective April 28, in order to pursue other opportunities. Subsequently, BuzzFeed's President, Marcela Martin, who joined the company in August 2022, will assume responsibility for all revenue functions.
BZFD

Hot Stocks

11:25 EDT BuzzFeed announces 15% reduction in workforce - BuzzFeed announced plans to reduce expenses by implementing an approximately 15% reduction in its current workforce. "The reduction in workforce plan is part of a broader strategic reprioritization across the Company in order to accelerate revenue growth and improve upon profitability and cash flow," it said in a statement. BuzzFeed expects to substantially complete the reduction in workforce plan by the end of Q2. The company expects to recognize restructuring charges in connection with the workforce reduction plan of between $7M to $11M. It expects the charges will be recognized primarily in Q2.
UBCP

Hot Stocks

11:14 EDT United Bancorp raises quarterly cash dividend to 16.50c per share - On April 19, 2023, the Board of Directors of United Bancorp declared a second quarter dividend payment of 16.50c per share for shareholders of record on June 9, 2023 with a payment date of June 20, 2023. This is an increase of 1c, or 6.5%, over the regular cash dividend paid in the second quarter of last year.
KEY

Hot Stocks

11:03 EDT KeyCorp CFO doesn't see 'material share repurchases' in near term - KeyCorp CFO Clark Harold Khayat stated during the company's Q1 earnings call: "We completed $38M of open market share repurchases in the first quarter related to our employee compensation plan. Given market conditions, we do not expect to engage in material share repurchases in the near term. We will continue to focus our capital in supporting relationship client activity and paying dividends. Over the last 6 weeks, there's been significant discussion of AOCI and its potential inclusion in CET1 capital levels for Category 4 banks... Although we have no unique insight into the path of potential regulatory changes, as we've seen historically when bank capital regulations have changed, they carry with them comment periods in a reasonable phase-in time frame. Our view is that for any new requirements, our reduction in AOCI mark and more significantly, our earnings would allow us to organically accrete capital to required levels over the necessary period."
BAK

Hot Stocks

10:58 EDT Braskem SA trading resumes
HTGC

Hot Stocks

10:51 EDT The Bear Cave sees problems at Hercules Capital, calls strength 'a mirage' - In a recently published report, The Bear Cave's Edwin Dorsey says to have uncovered "numerous concerning portfolio marks in the Hercules loan portfolio." "These issues are compounded by a handful of board and executive departures, the bankruptcy of Hercules's close competitor Silicon Valley Bank, and a six-month prison sentence for Hercules founder Manuel Henriquez's role in a college admissions scandal." The Bear Cave adds that while "investors view Hercules as a strong and attractive lender" in high-risk sectors, it believes "Hercules's strength is a mirage." Shares of Hercules Capital have dropped over 2% to $12.80 in Thursday morning trading. Reference Link
FOUR

Hot Stocks

10:43 EDT Shift4 Payments says short report 'got it wrong' in 'many plain, obvious ways' - In a letter to shareholders that was emailed to The Fly as well, Shift4 Payments CEO Jared Isaacman said in part, "As some of you may have seen, we were the subject of a short seller's report yesterday... We knew long before our first day at the New York Stock Exchange that operating a public company attracts critics, both fairly and unfairly. I don't fault these cynics for trying to do their job, but they've got it wrong on FOUR and in many plain and obvious ways. As just a few examples: - I only purchased shares in 2022 and never sold stock on the market as it was implied. My share count diminished in 2022 as a result of stock donations to St. Jude Children's Research Hospital. - I have never received a margin call, even when the share price was at its lowest last summer. In fact, I refinanced and reduced the size of my margin loan in December of 2022, well above the 52-week lows. - As discussed at length, insourcing distribution was a fantastic way to improve the customer experience, margins, free cash flow and the unit economic model of our new SkyTab POS product... I am and will continue to be the largest shareholder for the foreseeable future - and simply because I believe in our ability to keep winning. For more than two decades, our growth and audited financial results, including our free cash flow generation, speak for themselves. We plan to have a detailed discussion of our Q1 operating results and financial performance in two weeks. For those betting against us, keep in mind May 4th is just around the corner."
NOVA

Hot Stocks

10:33 EDT Sunnova Energy announces $3B conditional partial loan guarantee from DOE - Earlier, Sunnova Energy announced a conditional commitment by the U.S. Department of Energy, or DOE, Loan Programs Office to provide an up to $3B partial loan guarantee, which equates to a 90% guarantee of up to $3.3B of financing to support loans originated by Sunnova under a new solar loan channel named "Project Hestia," which would provide disadvantaged individuals and communities with increased access to Sunnova services by indirectly and partially guaranteeing the cash flows associated with those consumers' loans. "If issued, the DOE loan guarantee would support the origination of Sunnova loans associated with solar, storage, or other Sunnova Adaptive Home technologies that utilize Sunnova's purpose-built demand response and VPP enabling software. Sunnova anticipates the DOE loan guarantee will support up to $4B-$5B in Sunnova loan originations, reduce the company's weighted average cost of capital, and generate interest savings," the company stated. "Project Hestia would make possible a historic private sector investment in disadvantaged American communities and energy infrastructure. The DOE financing would accelerate the adoption of solar and storage, decrease greenhouse gas emissions, and expand the availability of reliable, clean, and affordable energy to those communities who benefit the most from low-cost energy," added William Berger, CEO of Sunnova.
GOOG GOOGL

Hot Stocks

10:26 EDT Google offers billing choice for U.K. Play Store developers - Following an antitrust intervention by the U.K.'s Competition and Markets Authority, or CMA, Google has proposed allowing developers offering apps through its U.K. Play mobile app store to have the option to use third-party payment processors for in-app transactions. In a blog post, legal director, Oliver Bethell, writes that, "In June 2022, the United Kingdom's Competition and Markets Authority (CMA) announced that it had launched an investigation into payment systems for in-app purchases through Google Play on Android devices. Since then, we have engaged with the CMA in constructive conversations, and today we are announcing a set of potential commitments in relation to our billing policies in the U.K to resolve the CMA's investigation... Building on our experience of offering users a choice of billing systems in the EEA and other parts of the world, the commitments would see us roll out user choice billing in the U.K. Under the commitments, developers will be able to add an alternative in-app billing system, alongside Google Play's billing system, for their mobile and tablet users in the U.K. At checkout, users will be able to choose which billing system to use. These options will be presented in a neutral manner allowing users to make an informed and engaged choice. Developers can alternatively choose to not offer Google Play billing at all when their users in the U.K. are paying for digital content and services. The service fees for distributing apps via Android and Google Play will continue to be based on digital sales via our platform. The service fee is how we support our ongoing investments in Android and Google Play, reflects the value provided by Android and Google Play, and is how we earn money as a business. When a user selects alternative billing, we will reduce the developer's service fee by 4%. When developers choose not to offer Google Play billing at all , the service fee the developer pays will be reduced by 3%. For both options, developers are still required to meet appropriate user protection requirements, and service fees and conditions will continue to apply in order to support our investments in Android and Play. Our proposal is for these commitments to be phased in. They will first be made available to developers of non-gaming apps should the commitments be accepted by the CMA following the public consultation. Following this, the roll out of these commitments to gaming apps will come into effect no later than October 2023. This will ensure a smooth transition for developers and to allow for the necessary changes to be made to our systems."Reference Link
DGICA

Hot Stocks

10:24 EDT Donegal Group raises quarterly dividend to 17c per share - Donegal Group reported that its board of directors declared a regular quarterly cash dividend of 17c per share of the Company's Class A common stock and 15.25c per share of the Company's Class B common stock. The dividends are payable on May 15, 2023 to stockholders of record as of the close of business on May 1, 2023. These dividends represent percentage increases of 3.0% for the Company's Class A common stock and 3.4% for the Company's Class B common stock compared to the previous quarterly cash dividend rates
INCY

Hot Stocks

10:23 EDT Incyte reports EC approval of Opzelura for non-segmental vitiligo repigmentation - Incyte announced that the European Commission has granted a marketing authorization for Opzelura cream 15mg/g for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age. "Opzelura is the first and only approved treatment in the European Union to offer support for repigmentation in eligible patients with non-segmental vitiligo, a chronic autoimmune disease characterized by depigmentation of skin and reduced quality of life," the company stated.
BAK

Hot Stocks

10:13 EDT Braskem SA trading halted, news pending
NOK

Hot Stocks

10:00 EDT Nokia falls -8.5% - Nokia is down -8.5%, or -40c to $4.22.
NVRO

Hot Stocks

10:00 EDT Nevro falls -14.7% - Nevro is down -14.7%, or -$5.79 to $33.52.
GFF

Hot Stocks

10:00 EDT Griffon falls -15.5% - Griffon is down -15.5%, or -$4.91 to $26.70.
MATX

Hot Stocks

10:00 EDT Matson rises 6.7% - Matson is up 6.7%, or $4.23 to $66.90.
DHI

Hot Stocks

10:00 EDT D.R. Horton rises 7.1% - D.R. Horton is up 7.1%, or $7.20 to $109.06.
XPO

Hot Stocks

10:00 EDT XPO Logistics rises 12.4% - XPO Logistics is up 12.4%, or $4.28 to $38.86.
PTPI

Hot Stocks

10:00 EDT Petros Pharmaceuticals trading resumes
PTPI

Hot Stocks

09:55 EDT Petros Pharmaceuticals trading halted, volatility trading pause
IIIN

Hot Stocks

09:47 EDT Insteel falls -7.6% - Insteel is down -7.6%, or -$2.11 to $25.61.
MAN

Hot Stocks

09:47 EDT ManpowerGroup falls -8.1% - ManpowerGroup is down -8.1%, or -$6.45 to $73.05.
GFF

Hot Stocks

09:47 EDT Griffon falls -14.6% - Griffon is down -14.6%, or -$4.61 to $27.00.
WSO

Hot Stocks

09:47 EDT Watsco rises 8.1% - Watsco is up 8.1%, or $25.54 to $342.12.
CALX

Hot Stocks

09:47 EDT Calix rises 9.9% - Calix is up 9.9%, or $4.78 to $53.24.
XPO

Hot Stocks

09:47 EDT XPO Logistics rises 14.5% - XPO Logistics is up 14.5%, or $5.01 to $39.59.
GEHC

Hot Stocks

09:35 EDT GE HealthCare receives FDA 510(k) clearance for CARESCAPE Canvas platform - GE HealthCare announced US FDA 510(k) clearance of its CARESCAPE Canvas patient monitoring platform for precise, flexible patient care. The company said, "CARESCAPE Canvas and CARESCAPE ONE are part of an adaptable ecosystem that can easily scale up and scale down monitoring capabilities based on the acuity of each individual patient, delivered on a standardized platform that drives enterprise efficiency and ease of service."
T

Hot Stocks

09:34 EDT AT&T says Q1 free cash flow 'within our expectations' - Says "on track" to deliver on FY guidance. Expects net debt to "decline this year and thereafter." Says fiber expansion "not facing any huge new challenges." Says closure of fiber JV "imminent." Says seeing a "small drop off" in phone upgrade rates.
DSX

Hot Stocks

09:30 EDT Diana Shipping announces signing, drawdown of $100M term loan facility - Diana Shipping announced that on April 12, 2023, it signed a term loan facility with Danish Ship Finance A/S for up to $100 million with maturity date in April 2028. Yesterday, it concluded the drawdown of $100 million, secured by nine vessels. The proceeds from the loan facility refinanced other loan facilities with an aggregate outstanding amount of approximately $87 million, namely two existing loan facilities with BNP Paribas of approximately $75.2 million and another loan facility with DNB Bank ASA of approximately $11.8 million related to the same nine vessels. The remaining proceeds may be used to pay transaction costs and expenses incurred in connection with the loan agreement and/or general corporate purposes.
LEXX

Hot Stocks

09:23 EDT Lexaria Bioscience receives four new patents - Lexaria Bioscience has received notifications of four new patents either awarded or allowed. In Japan, Lexaria has received a new patent under its Patent Family #3: Stable Ready-to-Drink Beverage Compositions Comprising Lipophilic Active Agents. This is Lexaria's 5th awarded patent in Japan, providing strength to our growing Japanese patent portfolio. Lexaria has existing patents under this Patent Family in Australia, India, Japan, and Mexico. In Australia, Lexaria has received a new patent under its Patent Family #18: Compositions and Methods for Enhanced Delivery of Antiviral Agents. This is Lexaria's 10th patent in Australia and only our second patent in this Patent Family, following a similar patent award in 2022 in the USA. In Canada, Lexaria has been advised that a new patent under our Patent Family #8: Compositions Infused With Nicotine Compounds and Methods of Use Thereof has been allowed. This is Lexaria's second patent in this Patent Family and follows a similar patent issuance in Australia in 2022. In the USA, Lexaria has been advised that a new patent under our Patent Family #21: Compositions and Methods for Treating Hypertension has been allowed. Lexaria believes this patent could be of particular importance related to the Company's pursuit of utilizing DehydraTECH-CBD in relation to its expected upcoming FDA Investigational New Drug application. The outcomes of our series of hypertension studies already completed were instrumental in achieving this patent. This will be Lexaria's first patent in this Patent Family.
MGRX

Hot Stocks

09:22 EDT Mangoceuticals featured on Webull Corporate Communication platform - Mangoceuticals is now participating on the new Webull Corporate Communication services platform.
VCIG

Hot Stocks

09:21 EDT VCI Global enters MOA to acquire 70% stake in LOCUS-T - VCI Global has signed a Memorandum of Agreement which summarizes the principal terms of its proposed 70% acquisition of LOCUS-T Sdn Bhd by V Capital Kronos Berhad, a wholly owned subsidiary of VCI Global for a purchase consideration of Ringgit Malaysia Thirteen Million Four Hundred and Forty Thousand. As part of the principal terms of the acquisition, V Capital Kronos will also be granted a first right of refusal to purchase the remaining 30% stake in LOCUS-T from its existing vendor should they decide to sell. LOCUS-T is a marketing agency which specialises in digital marketing industry with a focus offering on marketing technology and solutions, such as Google SEO, Google Ads, Facebook Ads and Website Design based in Malaysia. It has over 20 years of experience and has served over 7,000 SMEs and MNCs clients since inception. It currently has an active client portfolio of over 1,000 SMEs and MNCs clients and is one of the few agencies in Malaysia carrying both the Google Premier Partner and Meta Business Partner.
FUV

Hot Stocks

09:20 EDT Arcimoto appoints Chris Dawson as CEO - Arcimoto announced that Christopher Dawson has been appointed to the role of CEO effective immediately. Mr. Dawson joined the Company's Board in August of 2022 and will continue to serve as a director. Jesse Fittipaldi, who had served as Interim CEO, has been named President, reporting directly to Mr. Dawson. Dwayne Lum who has served as Chief Product Officer will be assuming the role of COO and Terry Becker who serves as a Board Director will head up the Tilting Motor Works Division and TRiO product family. Doug Campoli who had served as CFO left the company April 14th. Dawson most recently served as the Chief Executive Officer of Nikola Tesla Co.
ATEK

Hot Stocks

09:18 EDT Air Water Ventures to go public through Athena Technology Acquisition pact - Air Water Ventures and Athena Technology Acquisition Corp. II jointly announced that they have entered into a definitive agreement for a business combination that will result in the formation of The Air Water Company. The business combination values the company at a pre-money equity value of $300M. Upon closing of the business combination, subject to approval by Athena Technology II stockholders and other customary requirements, The Air Water Company is expected to be listed on the New York Stock Exchange. The business combination is expected to close in the first quarter of 2024. Headquartered in Abu Dhabi, the company is a first mover in direct air-to-water technology, producing quality drinking water at a lower cost and environmental impact than bottled water. The company has developed proprietary technology that it believes delivers consistent high-quality drinking water within an internal or external environment. Its airflow system is designed to extract the maximum amount of water while using minimum electricity, and its plug-and-play technology can be sited almost anywhere there is power without pipework or traditional water infrastructure. Led by Alex Guy and Dave Cupit, the company's leadership team is composed of industry experts with proven track records of building commercial enterprises with decades of experience in the materials, energy, and finance industries. The company's product portfolio is designed to meet the needs of different market segments, from household to industrial, with a production capacity ranging from 2 to 50,000 liters per day.
BAESY

Hot Stocks

09:18 EDT BAE Systems signs contract with Norway's Ritek to produce two new CV90 variants - BAE Systems has signed a contract with Norwegian company Ritek to produce two new CV90 variants for the Swedish Armed Forces. The work will be carried out in cooperation with BAE Systems Hagglunds, the designer and producer of the CV90 family of vehicles."This new contract to supply Norwegian produced CV90s to the Swedish Armed Forces is proof of the potential opportunities of this partnership."
JAMF

Hot Stocks

09:18 EDT Jamf Holding launches Jamf Executive Threat Protection - Jamf announced it has launched Jamf Executive Threat Protection, an advanced detection and response tool designed for mobile devices. The solution is built upon technology acquired in the ZecOps acquisition last September. The end-user app collects system logs and device information which is analyzed to identify potential compromise. This provides users and organizations assurance that the integrity and security of their device remains intact and allows them to respond the moment a potential compromise is detected. Dean Hager, Jamf CEO said, "Jamf Executive Threat Protection offers a unique solution that goes beyond endpoint security to provide advanced detection and response capabilities, empowering organizations to stay ahead of targeted attacks and safeguard their most high-risk workers."
STAB

Hot Stocks

09:16 EDT Statera BioPharma, Biostax reach dispute settlement, amended license agreement - Immune Therapeutics and Statera Biopharma announced that the Board of Directors of both companies has approved both a joint petition to dismiss the involuntary bankruptcy case with Statera and an amended royalty-bearing license agreement between Biostax and Statera for select Statera intellectual property. Under Amendment No. 3 to the License Agreement, Biostax will pay royalties to Statera and obtain worldwide exclusive rights to numerous patents surrounding Low-dose Naltrexone and Met-enkephalin, for all indications except Crohn's Disease, which Statera will continue to develop and commercialize. .
INTA

Hot Stocks

09:16 EDT Intapp announces new partnership with Untap - Intapp announced a new partnership with Untap enabling investors to visualize reports and analysis of portfolio performance directly within DealCloud. Through this partnership, Intapp clients using Untap's portfolio management solution can now directly access their portfolio performance data within DealCloud. Untap's integration with DealCloud addresses core needs for middle-office investor operations, including: Streamlined financial data acquisition from portfolio companies. Powerful data collection technology extracts information from spreadsheets or directly from portfolio companies' ERP systems. Proactive value creation and ESG planning. Highly configurable playbooks and KPI libraries, with built-in ESG planning considerations, let users create and track progress against value creation plans. Advanced analytics and automated LP reporting. Working as part of the suite or stand-alone, Untap consolidates data from different sources to automate the production of quarterly investor reports and offers a powerful AI assistant that streamlines responses to ad hoc investor requests.
ASTI

Hot Stocks

09:15 EDT Ascent Solar secures $9M equity financing with Lucro Investments - Ascent Solar Technologies announced that it has entered into a $9M equity financing agreement with Singapore-based Lucro Investments. Under the Agreement, Lucro will purchase 7,499,997 shares of Ascent common stock at a purchase price of $1.20 per share. The Company will receive the financing in monthly installments of $1 million. The proceeds of the investment will be used for general business operations and working capital for future initiatives. "We are pleased to announce an additional funding commitment from Lucro Investments, at an inflection point in our Company's history. Ascent is undergoing significant and transformative changes, as we continue to guide the Company towards providing our flexible, lightweight, and durable thin-film solar solutions to an expanded spectrum of audiences on an international stage," said Jeffrey Max, Chief Executive Officer of ASTI. "This new investment commitment from Lucro Investments signals a strong vote of confidence for our burgeoning Company and strategy as we advance our capabilities, output and channels."
TURN SCOR

Hot Stocks

09:14 EDT 180 Degree Capital calls on Comscore to further reduce director compensation - 180 Degree Capital issued a letter to the Board of Directors of Comscore, which read in part, "It is apparent to us that you, the Board of Directors, along with SCOR's preferred stockholders continue to be intent on looting SCOR's balance sheet for collective personal gains at the expense of the employees and common stockholders of SCOR. We strenuously object to this behavior and demand SCOR take concrete actions towards correcting these issues...To be clear, we have a high level of respect for the three preferred stockholders, but we are long past the point of appealing to them to make decisions designed to enhance value for all. We believe you, SCOR's Board, have failed in your duties. 1. SCOR should not be permitted to pay dividends on preferred stock through the issuance of additional preferred stock...2. Board compensation remains egregious and must be reduced further along with waiving of all board compensation otherwise due to directors who are employees of, or otherwise compensated by, the preferred stockholders...3. Brent Rosenthal must be removed as Lead Independent Director immediately...4. Appoint Jon Carpenter to SCOR's Board...We now know the reason SCOR's Board chose to ignore us following our request to meet with the heads of its Compensation and Nomination and Governance Committees. Who wants to face the third-largest common shareholder when the governance of the company has limited accountability and the compensation paid to Board members is clearly egregious? So, we are left with this; another public airing of grievances, which doesn't give us much satisfaction. The Board has not put forth a single proposal designed to enhance value for the employees of SCOR and the common stockholders. The Board simply exists to pat each other on the back and pay themselves compensation no matter how ineffective and incompetent they are in fulfilling their responsibility to create value. The preferred stockholders care solely about themselves and are working in conjunction with the board to put a collar around SCOR's stock and potentially increase their return through the issuance of additional shares of Series B Preferred Stock to the detriment of common stockholders. We except more from Cerberus, Charter and Liberty/Qurate. We won't stop airing our thoughts publicly and holding SCOR's Board accountable to all stakeholders of the company until you fix the issues we have been talking about for over two years. SCOR's Board has the ability to show they actually care about its fiduciary duty and its preferred stockholders have the ability to show they believe SCOR's common stock is significantly undervalued. As always, we are willing to partake in productive dialogue with the Board on these topics, but we ultimately need action from SCOR's Board, not empty words."
ISPR

Hot Stocks

09:13 EDT Ispire Technology announces strategic partnership with Cookies - Ispire Technology announced a strategic partnership with Cookies, an international cannabis lifestyle brand. Under the terms of the supply agreement, Cookies will work with Ispire in good faith to help facilitate the purchase of an aggregate 15 million units of mutually agreed Ispire products by Cookies' third-party retail and wholesale partners. Ispire will also provide a dedicated product team to support Cookies' product needs. "We are pleased to be partnering with Cookies, the globally renowned cannabis company, to supply their customers with our CBD vaping products at competitive prices," said Michael Wang, CFO of Ispire. "We strongly believe that Ispire offers the very best products in the large and rapidly growing marketplace for CBD and cannabis vaping and look forward to embarking on this mutually-beneficial relationship."
APPF

Hot Stocks

09:12 EDT AppFolio chosen by Evernest to support continued growth - AppFolio announced the extension of its contract with Evernest, a national, full-service real estate and property management firm. Evernest leverages AppFolio Property Manager, which offers custom-built solutions for complex businesses managing thousands of units, as AppFolio continues to expand its roster of high-growth customers. With a vigorous rate of acquisitions and a goal of reaching 250,000 units by 2029, Evernest chose to renew its multi-year agreement early, seeing AppFolio as the right partner to support its organic expansion and acquisition strategy. "Listening to customers keeps us closer to their needs, which include having the right technology partner to support their future growth plans," said Katelyn Graumann, Vice President of Customer Success and Growth at AppFolio. "We're delighted to have deepened our relationship with Evernest, and are committed to finding new and creative ways to help property managers of all sizes thrive and better serve their customers."
NVEI

Hot Stocks

09:11 EDT Nuvei selected by Cart.com as its exclusive payments partner - Nuvei announces that it has been selected as the exclusive payments partner of Cart.com, a leading eCommerce software and service provider that enables retail brands to easily sell and fulfill across every channel globally. Cart.com customers will be able to enhance their payments through Nuvei for Platforms, Nuvei's fully customizable solution that enables companies of any size to embed enterprise-level payments technology into their online operations. Nuvei Chair and CEO Philip Fayer commented: "We're excited to be partnering with Cart.com, one of the premier platforms driving the evolution of eCommerce. We have a shared belief that businesses of any size should be able to compete with the global eCommerce giants on a level playing field when it comes to the quality of their technology and payments solutions."
BRQS LLESY

Hot Stocks

09:10 EDT Borqs Technologies's HHE signs contract with Lendlease's IPC - Borqs Technologies (BRQS) announced that its subsidiary, Holu Hou Energy, has signed a contract to install HHE's HoluPower energy storage and solar photovoltaic systems on homes at Lendlease's (LLE) Island Palm Communities, IPC, in Honolulu, Hawaii. When completed, the project will be worth well into the nine figures in sales for HHE. Lendlease, a leading real estate and investment group that manages almost 8,000 homes for the U.S. Army on Oahu, is the purchaser of the electricity and the installations will come in the form of HHE's EnergyCluster, where multiple residential units have their systems connected in an energy network or "cluster." "Congratulations to the team at Holu Hou Energy for securing this monumental contract with Lendlease's Island Palm Communities. This project is enormous in size, covering thousands of homes and has proven again Holu Hou Energy's technological leadership. We expect it to enhance the value of HHE significantly in the divestment of our interests in HHE as stipulated in our agreement with the Committee on Foreign Investment in the United States," stated Pat Chan, CEO of Borqs.
JBLU

Hot Stocks

09:10 EDT JetBlue announces Puerto Rico expansion with two new routes - JetBlue announced two new routes from Puerto Rico, bringing more low-fare, high-quality flights to "La Isla del Encanto". Launching this summer, and out for sale , JetBlue will now offer year-round service from Luis Munoz Marin International Airport SJU in San Juan, Puerto Rico to Raleigh-Durham International Airport RDU in North Carolina, and from Rafael Hernandez International Airport BQN in Aguadilla, Puerto Rico to Tampa International Airport TPA in Florida. "As the largest airline in Puerto Rico, we are thrilled to continue diversifying our network and to further grow JetBlue's presence on the island with the addition of these two new routes," said Robin Hayes, chief executive officer, JetBlue. "This growth will increase competition and choice for customers traveling to and from Puerto Rico and for travelers in Raleigh and Tampa, while also building on our commitment to support tourism on the island and connect family and friends. We look forward to delivering even more of the much-loved JetBlue experience - with our unique combination of low fares and award-winning service - to our customers traveling between Puerto Rico and the U.S. mainland following the successful completion of our combination with Spirit."
AMD

Hot Stocks

09:08 EDT AMD announces AMD Ryzen Embedded 5000 Series - AMD announced the availability of its high-performance AMD Ryzen Embedded 5000 Series, a new solution for customers requiring power-efficient processors optimized for "always on" networking firewalls, network-attached storage systems and other security applications. The Ryzen Embedded 5000 Series rounds out the "Zen 3"-based AMD embedded processor portfolio which also includes the Ryzen Embedded V3000 and EPYC Embedded 7000 series families.
ISUN

Hot Stocks

09:08 EDT iSun awarded $7.7M contract for 2.2MW solar carport in Ohio - iSun announced that it has received a 2.2 MW, $7.7M contract to provide a solar carport to one of the nation's largest financial institutions at a single location in Ohio. Highlights include:$7.7M solar carport contract highlights iSun's ability to originate projects and create value for new customers, including through turnkey engineering services ;2.2 MW contract expands iSun's growing EV Infrastructure presence into the Ohio market Project scheduled to begin in Q2 2023 and will be added to iSun's existing backlog of projects. "We are excited to continue our strong start to 2023 with a new contract award for a solar carport for a global company," said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. "This new project is particularly rewarding as it highlights the value creation our team can provide based upon our differentiated ability to originate solar projects. This project also underscores our flexibility in originating projects across all our segments, including EV Infrastructure, to provide our customers with the products and services they require. These business development efforts are driving our continued growth by building new customer relationships that allow us to enter new markets efficiently. We appreciate the trust and confidence of our customers in our ability to help them achieve their goals in alternative energy initiatives."
BBIG

Hot Stocks

09:08 EDT Vinco Ventures' board approves new executive management team - Vinco Ventures' board of directors has approved a new executive management team naming James Robertson CEO and President and Chris Polimeni CFO and COO. The new CEO and President, James Robertson, joins Vinco Ventures from a360media where he held the position of Editor-In-Chief of Us Weekly. Polimeni previously served as Executive VP - CFO/COO of Accelerate360 Holdings, the parent company of a360 Media. He also served in the same capacity at American Media for 12 years prior to the consolidation of American Media with Accelerate360 Holdings in 2020. The appointments take effect immediately.
MULN

Hot Stocks

09:06 EDT Mullen Automotive announces test results of recently acquired JV technology - Mullen Automotive announces test results of its recently acquired joint venture, JV, technology. Element Materials Technology test results indicate that the Energy Management Module technology substantially increases the driving range and efficiency of any current EV battery. Specific vehicle testing of a high-volume OEM electric vehicle by Element resulted in a calculated increase in range from 269 to 431 miles, which is a 60% increase in efficiency. EMM technology was also tested by Mullen Automotive engineers on the Company's Class 1 EV Cargo Van at its Troy, Michigan, facility. Results showed more than a 75% increase in range for the 42-kWh lithium-ion battery pack, which would be a calculated EPA estimated range of 186 miles at a very low added cost and mass. EMM technology is being integrated into final stages of product development and is planned to be introduced in all Mullen commercial and consumer vehicle programs. "Seeing the previous EMM test results conducted by Element, along with Global EVT testing, and correlating that with testing by our engineers, we believe this technology is a perfect fit for Mullen's EV product lineup as well as the advancement in EV technology for the overall automotive industry," said David Michery, CEO and chairman of Mullen Automotive. "Mullen Advanced Energy Operations plans on licensing this technology to anyone who uses an electric vehicle."
HSAI

Hot Stocks

09:05 EDT Hesai cooperating with KargoBot on autonomous truck production - Hesai reached strategic cooperation with autonomous truck company KargoBot. They will jointly promote the application of automotive-grade, hybrid solid-state lidar AT128 for L4 autonomous trucks, working together to implement safer, more intelligent commercial logistics applications. Lidar is one of the core sensors for advanced autonomous driving solutions, providing high-precision 3D sensing for autonomous vehicles. Hesai's AT128 is a long-range and automotive-grade hybrid solid-state lidar integrated with 128 lasers, and an ultra-high-point frequency of 1.53 million points per second. Currently, KargoBot has more than 100 autonomous trucks. As of March this year, KargoBot's cumulative revenue has exceeded 100 million yuan.
CTSH

Hot Stocks

09:04 EDT Cognizant selected by Horizon to support government healthcare programs - Cognizant has been selected by Horizon Healthcare Services to support its government healthcare programs. As part of a 7-year renewal agreement, Cognizant will manage Horizon's claims processing, encounters submissions to the state, provider configuration, and enrollment services for its 1.2M Medicaid and Dual Eligible Special Needs Plan members. Cognizant will leverage its TriZetto healthcare products suite to provide end-to-end support for Horizon, including hosting the insurer's operations on its Facets platform. By utilizing advanced automation solutions, Cognizant will help Horizon expedite the claims payment process and ensure accuracy in support of excellent member-provider experiences.
TCYSF

Hot Stocks

09:04 EDT Tecsys selects SOFTBOT Platform Connector from SVT Robotics - SVT Robotics announced a new SOFTBOT Platform Connector for Tecsys. SVT and Tecsys worked together to develop and launch the pre-built connector between the Tecsys WMS and SVT's SOFTBOT Platform. The integration will provide Tecsys Elite customers much faster deployment and lower complexity without the need for custom code development often involved in multi-system automation and robotics deployments.
OB

Hot Stocks

09:04 EDT Outbrain appoints Maman as CTO, Tori as CPO - Outbrain announced the appointment of Yonatan Maman as Chief Technology Officer, CTO, and Andraz Tori in a newly created executive role as Chief Product Officer, CPO. Co-Founder, Chief Technology Officer, and General Manager, Israel, Ori Lahav, will transition his responsibilities and focus on cross-company strategic initiatives, while continuing his role as General Manager, Israel. Maman joined Outbrain in 2011 as a Senior Software Engineer and has served as Vice President of Engineering for the past five years. Tori has served as Head of Recommendations and Data Science at Outbrain for the past four years, following Outbrain's acquisition of Zemanta, of which he was a founder.
SYF

Hot Stocks

09:03 EDT Synchrony and LG Electronics partner for multi-year dealer financing program - Synchrony and LG Electronics USA's Air Conditioning Technologies announced a new multi-year partnership offering LG's independent Pro Dealers a financing program to help homeowners purchase smart heating and cooling products. The private label credit card program will feature deferred interest, fixed payment and equal monthly payment promotion options. As part of the partnership, installers participating in LG's HVAC Pro Dealer program will have access to reduced rates, plus frequent partnership promotions with dealer fee buydowns throughout the year. The new program and card will launch later this year.
PEP

Hot Stocks

09:02 EDT PepsiCo's Frito-Lay to deploy over 700 EVs by end of 2023 - Frito-Lay announced it will deploy over 700 electric delivery vehicles in the U.S. by the end of 2023. The vehicle deployments are expected to lower emissions by 7,052 metric tons of greenhouse gas emissions annually, equivalent to 1,533 passenger cars removed from the road. Paired with advancements in regenerative agriculture, water saving technology, packaging innovation and more, the move reflects the PepsiCo division's significant progress toward its PepsiCo Positive sustainability goals.
VZ

Hot Stocks

09:02 EDT Verizon launches 5G Ultra Wideband in new Nebraska markets - Verizon's 5G Ultra Wideband network is now available across Nebraska in new markets including Columbus, Cozad, Grand Island, Hastings, Nickerson, North Platte, Spalding and Tilden. Verizon's first 5G Ultra Wideband cell sites in each of these communities are now live, meaning customers can take advantage of higher speeds, greater capacity and performance comparable to a wired broadband internet connection. In the coming months, Verizon engineers will continue to roll out 5G Ultra Wideband in these and additional markets in the state, and also complete deployment of service in Omaha, Nebraska.
LPLA

Hot Stocks

09:01 EDT LPL Financial: Sheehan Wealth joins broker-dealer, RIA, custodial platforms - LPL Financial LLC announced that financial advisors James Sheehan, and Shawn Tighe have joined LPL Financial's broker-dealer, RIA and custodial platforms. They become the 30th team to join LPL Strategic Wealth Services, the firm's modern supported independent solution that enables advisors to grow their business according to their vision. The advisors reported having served approximately $450 million in advisory and brokerage assets, and they join LPL from Raymond James.
TSN

Hot Stocks

08:57 EDT Tyson Foods, C.R. England, Kodiak Robotics partner for self-driving trucks - Kodiak Robotics announced a partnership with C.R. England. To kick off the partnership, the companies have launched a pilot program to autonomously ship Tyson Foods products between Dallas and San Antonio, Texas. The deliveries will launch in April using Kodiak self-driving trucks and C.R. England refrigerated trailers. Safety drivers will be in the trucks in the initial stages of the pilot.
AUGX HCA

Hot Stocks

08:53 EDT Augmedix spikes 85% in pre-market after announcing pact with HCA Healthcare - Shares of Augmedix (AUGX) are up 85% at $3.34 in pre-market trading after the company announced a partnership with HCA Healthcare (HCA) to accelerate development of AI-powered technology that "aims to transform the way patient care is documented in the acute care setting".
XPO

Hot Stocks

08:50 EDT XPO Logistics up 10% in pre-market after naming new COO
XPO ODFL

Hot Stocks

08:49 EDT XPO Logistics names Dave Bates as COO - XPO (XPO) announced that Dave Bates is joining the company as chief operating officer, North American LTL, effective April 21, 2023. Bates joins XPO from 27 years with Old Dominion Freight Line (ODFL) where he was responsible for all day-to-day operations in North America for the last 12 years as senior vice president, operations.
WIX

Hot Stocks

08:49 EDT Wix.com expands integration with Square app - Wix.com announced an extended integration with Square. The integration allows restaurant owners to sync their Wix Restaurants site with their Square account to streamline online ordering directly from the Wix platform. Sales from Wix will be displayed directly within Square reporting, allowing restaurants to view their holistic sales across both platforms. Restaurant owners using Square for Restaurants or Square Point of Sale can manage their catalog, including categories, items, descriptions, images, and full menus, directly from the Wix platform.
CNDT

Hot Stocks

08:46 EDT Conduent partners with Jopari Solutions on claims management technology - Conduent announced the launch of the Shield Provider Portal, a new self-service technology solution that enables medical providers to view the adjudication status and payment information related to workers compensation and auto casualty claims across multiple payers. The Shield Provider Portal is offered through a collaboration with Jopari Solutions.
ITI

Hot Stocks

08:46 EDT Iteris announces five-year, up to $10M NHI contract - Iteris announced the National Highway Institute NHI awarded Iteris a five-year contract with a value of up to $10M to provide comprehensive training focused on transportation system safety. The instructional team who will lead this project are experts in the fields of modern intersection roundabouts, signalized intersection guidebooks, federal aid and other areas. Iteris' extensive experience and knowledge contributes to the education by adding real-life examples, best practices, lessons learned and classroom group activities. The instructional courses will be provided to federal, state and local transportation agencies within the United States and are a crucial component to improving the capabilities of practitioners-ultimately translating to improved transportation system safety throughout the nation. On this contract, Iteris partnered with Bloomsburie , which is expected to support several activities including the development, update and delivery of instructor-led and online learning courses which will be performed individually as requested. I
LSTA

Hot Stocks

08:45 EDT Lisata Therapeutics receives $2.2M of capital through New Jersey program - Lisata Therapeutics announced that it has received $2.2 million in non-dilutive funding as an approved participant of the Technology Business Tax Certificate Transfer Program sponsored by the New Jersey Economic Development Authority, NJEDA. The Program enables qualifying New Jersey-based biotechnology or technology companies to sell a percentage of their New Jersey net operating losses, NOLs, and research and development tax credits to unrelated qualifying corporations. "We are delighted to once again be chosen to participate in the New Jersey NOL program, which allows us today to convert certain state operating losses into tangible working capital," stated David J. Mazzo, Ph.D., Chief Executive Officer of Lisata. "We appreciate the NJEDA's ongoing support of the New Jersey biopharma community under this program, through which we have cumulatively received nearly $18 million of non-dilutive funding over the past four years. This capital will be allocated towards further advancement of the Company's clinical development programs."
EVOK

Hot Stocks

08:44 EDT Evoke Pharma announces USPTO grants patent covering GIMOTI - Evoke Pharma announced that the United States Patent and Trademark Office, USPTO, issued US patent No. 11,628,150 under the title "Nasal Formulations of Metoclopramide." This patent expires in 2029 and covers the nasal solution of metoclopramide and its characteristics when formulated. The patent augments Evoke's existing patent portfolio, which includes U.S. Food and Drug Administration Orange Book-listed patents and other patents in the EU, Japan, Canada, and Mexico. The Company will seek to list this patent in the FDA Orange-Book in the near term. "We view this patent approval and the others we've received to date from the USPTO as evidence of the innovation behind our product, GIMOTI and its significant contribution to the GI community, particularly patients," commented Matt D'Onofrio, President & COO. "This patent will continue to protect GIMOTI's proprietary route of administration which is incredibly important to our commercial efforts," D'Onofrio concluded.
STRL

Hot Stocks

08:43 EDT Sterling Construction gets $70M design-build transportation solution award - Sterling Infrastructure announced that Ralph L. Wadsworth Construction Company was awarded a $70M design/build contract for the Yellowstone River Bridge Project. The project began in April 2023 and is expected to finish at the end of 2026. The Yellowstone River Bridge project is funded by the Federal Highway Administration and will replace an existing 60-year-old bridge on a new mile-long realignment of the Northeast Entrance Road in Yellowstone National Park. The new one-quarter mile, 175-foot-high bridge will have decking, sidewalks, and railing. It is located within a hydrothermally and geothermally active zone and will require specialized cement and thermal monitoring of below grade concrete curing. Multiple temporary bridges will be constructed for construction access over streams and environmentally sensitive areas. This award will be included in March 31, 2023 backlog.
INCR

Hot Stocks

08:43 EDT InterCure enters LOI for business partnership with Tyson 2.0 - InterCure announced that they have entered into a binding letter of intent for a business partnership. The partnership will see InterCure, a leading expert in pharmaceutical grade medical cannabis, granted an exclusive distribution license to cultivate, manufacture, sell, market, and distribute all approved products and brands of TYSON 2.0 in Israel, Australia, United Kingdom, Germany and other EU countries such as Switzerland. InterCure will also have the right to use the name, the marks and the TYSON 2.0 intellectual property in these territories. The partnership also includes a license for InterCure to use TYSON 2.0's intellectual property and genetics for cultivation and production of products.
T

Hot Stocks

08:43 EDT AT&T says 'particularly proud' of quality of subscriber additions - Says churn is "historically low." Says "executing well" on go to market strategy. Expects to further accelerate cost take outs as the year progresses. Says continues to invest in 5G networks at "record levels." Says testing AI in customer service, fleet development. Says seeing "moderation of growth" in wireless segment. Comments taken from Q1 earnings conference call.
BIVI

Hot Stocks

08:43 EDT BioVie to present data from NE3107 Phase 2 open-label trial - BioVie announced that a data abstract from its Phase 2 open label trial evaluating NE7107 in degenerative dementias has been accepted for presentation at the 78th Annual Scientific Convention of the Society of Biological Psychiatry, to be held in San Diego, CA April 27-29, 2023. Details for the presentation are as follows: Effects of NE3107 on Depression and Multimodal Outcomes in a Phase 2, Open-Label Study in Patients with Cognitive Decline Due to Degenerative Dementias
WVE

Hot Stocks

08:42 EDT Wave Life Sciences announces preclinical data published on siRNA designs - Wave Life Sciences announced the publication of preclinical data for the company's small interfering RNA, siRNA, designs in the journal Nucleic Acids Research. Data reported include an in vivo study where a Wave subcutaneously administered, GalNAc-conjugated siRNA maintained approximately 80% silencing of HSD17B13 transcripts for three months in the liver of transgenic mice, while a comparator siRNA format lost silencing activity at the same timepoint. "Wave has built the most versatile RNA medicines platform in the industry, with multiple modalities to optimally address disease biology. We continue to lead the field in RNA editing with our alpha-1 antitrypsin deficiency program and are also advancing a differentiated exon skipping portfolio in DMD, led by WVE-N531 for those amenable to exon 53 skipping. With RNAi, we have opened up a whole new capability set. The data in this publication, coupled with our recent unconjugated siRNA data showing 70-90% mRNA silencing and broad tissue exposure across six brain regions in mice,1 demonstrate our potential for achieving best-in-class silencing," said Paul Bolno, MD, MBA, President and Chief Executive Officer at Wave Life Sciences. "We expect our work in RNAi to deliver near-term value through collaborations, including our active research collaboration with GSK." Wave's siRNA designs leverage the company's novel, clinically validated and RNA-focused discovery and development platform. In this publication, Wave's siRNAs are compared to reference molecules based on siRNAs from a commercial company with a clinically proven track record in RNAi.
TRIB KKR

Hot Stocks

08:42 EDT Trinity Biotech to sell Fitzgerald Industries business to Biosynth for $30M - Trinity Biotech announced it has entered into an agreement to sell its Fitzgerald Industries life sciences supply business, consisting of Benen Trading Ltd and Fitzgerald Industries International, Inc, to Biosynth for cash proceeds of approximately $30 million subject to customary adjustments. Biosynth is owned, amongst others, by KKR, Ampersand Capital Partners and management. The sale is expected to close in April 2023. Trinity Biotech pursued this transaction as part of its plan to transform into a high growth innovator in diabetes care and decentralised monitoring and diagnostic solutions. Life sciences supply is no longer core to Trinity Biotech's refined long-term strategy. This transaction is expected to significantly reduce the Company's net debt by approximately 40% and is an integral step in strengthening its balance sheet in line with its refined strategic focus areas. The Fitzgerald life sciences supply business generated revenue of approximately $12 million in the year ended 31 December 2022, and was EBITDA positive. The approximately $30 million cash proceeds from Biosynth includes funding to Fitzgerald Industries to allow it repay intercompany loans owed to Trinity Biotech. The Company plans to initially use approximately $11 million of the proceeds of the sale to repay approximately $10.1 million of its senior secured debt held by Perceptive Advisors plus an approximately $900,000 early repayment penalty. In connection with this transaction, the Company has entered into an amendment to its senior secured term loan credit facility with Perceptive Advisors, which significantly reduces the Company's minimum revenue covenants under that loan.
HAFC

Hot Stocks

08:41 EDT Hanmi Financial releases 2022 annual shareholder letter - Hanmi Financial Corporatio announced the release of its 2022 annual letter to shareholders authored by President and Chief Executive Officer Bonnie Lee. "In 2022, the Hanmi team demonstrated the value of consistent execution against winning growth initiatives, even during times of economic volatility. We finished the year with record financial performance and a strong capital base, outperforming many of our peers across numerous metrics. As we navigated an uncertain economy that was adapting to rapidly rising interest rates, we maintained focus on our customers, ensuring that we were providing the right products and services to meet their needs and strengthen our portfolio... Our Competitive Advantage is Our Team. Hanmi's outperformance is directly attributable to our ability to work cohesively as a team. We do this by focusing on client relationships, harnessing our competitive nature, and most importantly, respecting open communication. Sharing ideas and constructively challenging one another enables us to be nimble, agile and creative as we serve varied communities with differing needs.... This approach is delivering results with the majority of our geographic regions and business units delivering increased production during 2022... Focused on Community and Growth. Our dedication to effectively serve our customers and the communities we operate in helps us to deliver attractive returns on your investment in Hanmi. That remains a top priority for all of us at Hanmi... Managing Through Uncertain Times From our earliest days, we have dedicated ourselves to serving our communities. That dedication is part of our foundation and continues to run through everything we do. What began with much-needed loans and banking services for underserved Korean American immigrants in Los Angeles has now grown into the second largest Korean American bank with $7.4 billion in assets and operations in nine states... When two other banks were taken over by the government in early March, we found ourselves again reaching out to customers. While our intent was to assure our customers that our bank was in very strong financial shape, I was especially moved as some of our customers asked me what they could do for us. This is truly an example of the deep relationships we have built over the years. Looking Forward. As we begin our fifth decade in 2023, Hanmi is well positioned to build on this great legacy. Your Bank is in a very strong financial position, with ample liquidity and excellent credit quality. Importantly, our banking relationships continue to be centered around the needs of individuals and small businesses, South Korean companies operating in the U.S., and real estate investors. The relationship-banking approach used in our humble beginnings continues to help us build a broad, diversified customer base.
HYZN

Hot Stocks

08:40 EDT Hyzon Motors appoints Bappa Banerjee as COO - Hyzon Motors has named Bappa Banerjee as the company's first COO, effective May 1. Most recently, Banerjee served as VP, Mining Equipment at GE Transportation where he led the new technology development, design, production, and sale of electric drive propulsion systems for mining equipment. Prior to his role at GE Transportation, Banerjee held progressing roles at Caterpillar in the Resource Industries Division, where he served as Worldwide Product Head of Off-Highway Trucks & Wheel Tractor Scrapers, and Facility Head for Caterpillar Remanufacturing China & Japan.
CMND

Hot Stocks

08:39 EDT Clearmind Medicine engages CRO for CMND-100 trial - Clearmind Medicine announced additional preparations to facilitate the commencement of the company's clinical trial and engaged a contract research organization, or CRO to provide support for the company. The CRO will act as a project manager, provide support in regulatory affairs, site selection and initiation, recruitment support, clinical monitoring, data management and more. The company's upcoming first-in-human clinical trial will evaluate the proprietary drug candidate compound CMND-100 for the treatment of Alcohol Use Disorder. CMND-100 is Clearmind's novel psychedelic-derived drug, based on its proprietary MEAI molecule.
ALL

Hot Stocks

08:37 EDT Allstate estimates March catastrophe losses $1.17B - The Allstate Corporation announced estimated catastrophe losses for the month of March of $1.17B or $927M, after-tax. Catastrophe losses for March events were estimated at $1.26B , related to 10 events, with approximately 75% of the losses related to three wind events, partially offset by favorable reserve reestimates for prior events. Catastrophe losses for the first quarter totaled $1.69 billion, pre-tax. During the month of March, the Allstate brand implemented auto rate increases of 7.6% across 10 locations, resulting in total brand premium impact of 0.5%. "Allstate continued to implement significant auto insurance rate actions as part of our comprehensive plan to improve profitability. Since the beginning of the year, rate increases for Allstate brand auto insurance have resulted in a premium impact of 1.7%, which are expected to raise annualized written premiums by approximately $454 million," said Jess Merten, Chief Financial Officer of The Allstate Corporation. "In addition, the California Department of Insurance recently approved our latest Allstate brand auto insurance rate increase filing of 6.9%, which we expect to implement in April and be effective in June 2023." Our implemented auto rate exhibit has been posted on allstateinvestors.com. Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $27M in the first quarter with $23M attributed to commercial insurance, primarily related to business that is being exited. Beginning next quarter, we will only disclose quarterly prior year reserve reestimates, excluding catastrophes, if material
ALL

Hot Stocks

08:37 EDT Allstate estimates March catastrophe losses $1.17B - The Allstate Corporation announced estimated catastrophe losses for the month of March of $1.17B or $927M, after-tax. Catastrophe losses for March events were estimated at $1.26B , related to 10 events, with approximately 75% of the losses related to three wind events, partially offset by favorable reserve reestimates for prior events. Catastrophe losses for the first quarter totaled $1.69 billion, pre-tax. During the month of March, the Allstate brand implemented auto rate increases of 7.6% across 10 locations, resulting in total brand premium impact of 0.5%. "Allstate continued to implement significant auto insurance rate actions as part of our comprehensive plan to improve profitability. Since the beginning of the year, rate increases for Allstate brand auto insurance have resulted in a premium impact of 1.7%, which are expected to raise annualized written premiums by approximately $454 million," said Jess Merten, Chief Financial Officer of The Allstate Corporation. "In addition, the California Department of Insurance recently approved our latest Allstate brand auto insurance rate increase filing of 6.9%, which we expect to implement in April and be effective in June 2023." Our implemented auto rate exhibit has been posted on allstateinvestors.com. Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $27M in the first quarter with $23M attributed to commercial insurance, primarily related to business that is being exited. Beginning next quarter, we will only disclose quarterly prior year reserve reestimates, excluding catastrophes, if material
TPET

Hot Stocks

08:36 EDT Trio Petroleum signs drilling rig contract wih Ensign - Trio Petroleum announced that on April 19, 2023 it signed a drilling rig contract with Ensign Drilling, securing a fully equipped ADR 350 rig that can drill to a depth of 10,000-feet. Drilling operations are expected to commence in approximately 2 weeks at Trio's HV-1 well, located on the company's 8,600-acre asset called the South Salinas Project in Monterey County, California. The HV-1 well is a confirmation/development well and is a two-mile step out from the HV-3A discovery well that found high-quality, mid-gravity oil at depths of about 3,750 to 5,100 feet. The HV-1 well is designed to produce from and define the magnitude of this new oil and gas field, in which Trio owns an 85.75% working interest. Trio anticipates that the well will take approximately 30 days to fully drill and complete. If the well is successful, Trio should be able to begin production within about 30 days of completion.
SLS

Hot Stocks

08:36 EDT Sellas Life Sciences completes Phase I trial dose escalation of GFH009 - SELLAS Life Sciences announced completion of the safety evaluation stage of the highest dose cohort of patients with acute myeloid leukemia, AML, who relapsed after or were refractory to available antileukemic therapies in its Phase 1 dose escalation clinical trial of GFH009. No further dose escalations are planned in the AML group, while dose escalation continues in the lymphoma group with the addition of a 75 mg once-a-week dose cohort, which is planned to be the highest dose level for that group. The Company is finalizing the comprehensive data analysis to determine the recommended Phase 2 dose in AML, which will be announced following review by the U.S. Food and Drug Administration. SELLAS plans to commence a Phase 2a clinical trial during the second quarter of 2023 with GFH009 in combination with venetoclax and azacitidine in patients with AML who relapsed after or are refractory to treatment with venetoclax based therapies. The trial will be a single arm open label dose ranging study with one dose level at the RP2D and one dose below RP2D. Primary endpoints will be complete response composite rate and safety, and secondary endpoints will include duration of response, event free survival, overall survival and proportion of patients proceeding to transplant. Topline data from this study are expected in the fourth quarter of 2023.
ILMN

Hot Stocks

08:35 EDT Illumina issues letter to shareholders regarding board nomination vote - Illumina issued a letter which, among other things, states the following: it urges shareholders to vote in favor of Illumina's slate of director nominees. Its Annual Meeting will be held virtually on May 25. Illumina's board also urged shareholders to reject all three of Carl Icahn's nominees by voting the White proxy card today "for" all nine of the company's Board of Directors. All nine members are independent with the exception of CEO Francis deSouza. Carl Icahn seeks to replace Thompson, deSouza, and Epstein with his nominees. The Board does not endorse Carl Icahn or his nominees. Carl Icahn, whose firm owns less than 1.5% of Illumina's outstanding common shares, has made it clear that his three director nominees would represent Icahn's interests on the Board of Illumina and answer to Carl Icahn, not the shareholders of Illumina.
TPG ABC

Hot Stocks

08:34 EDT TPG, AmerisourceBergen to acquire OneOncology in $2.1B transaction - TPG (TPG) and AmerisourceBergen (ABC) announced that they have agreed to acquire OneOncology, a network of oncology practices, from General Atlantic, a global growth equity firm. TPG has agreed to acquire a majority interest in OneOncology, and AmerisourceBergen will acquire a minority interest in the company. OneOncology's affiliated practices, physicians, and management team will also retain a minority interest in the company. The transaction values OneOncology at $2.1B. TPG, AmerisourceBergen, and OneOncology's affiliated practices, physicians, and management team will form a new joint venture that will acquire OneOncology from its existing shareholders, including current majority owner General Atlantic. AmerisourceBergen will purchase its minority interest in the joint venture for approximately $685M in cash, which will represent approximately 35% ownership in the joint venture. Beginning on the third anniversary of the closing of the joint venture's acquisition of OneOncology and ending on the day before the fourth anniversary of that closing, TPG will have a put option under which TPG may require AmerisourceBergen to purchase all of the other interests in the joint venture, including TPG's interest, at a price equal to 19 times OneOncology's adjusted EBITDA for the most recently ended 12-month period prior to TPG's exercise of the put option, all of which is subject to various other adjustments and qualifications. In addition, on the date that is the third anniversary of the closing and again beginning on the fourth anniversary of the closing and ending on the day before the fifth anniversary of the closing, AmerisourceBergen will have a call option to purchase all of the other interests in the joint venture, including TPG's, also at the price set forth above subject to various other adjustments and qualifications. The transaction is expected to close by the end of September 2023 and is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals. Upon closing, the minority interest in OneOncology is expected to contribute a few cents to AmerisourceBergen's adjusted diluted EPS in the first 12 months following closing. Following the closing of the transaction, AmerisourceBergen intends to account for its minority interest in OneOncology using the equity method of accounting, recording AmerisourceBergen's future share of OneOncology's net income or loss in Other Income, net.
WFRD

Hot Stocks

08:33 EDT Weatherford announces completion of consent solicitation - Weatherford International announced that Weatherford International completed its previously announced consent solicitation with respect to its outstanding 6.500% Senior Secured First Lien Notes due 2028 to approve certain amendments to the indenture governing the Notes. In connection with the Consent Solicitation, Weatherford Bermuda has received the consents from holders of 97.62% of the aggregate principal amount of Notes outstanding to the Proposed Amendments as described in the consent solicitation statement, dated April 12, 2023. The Consent Solicitation expired at 5:00 p.m., New York City time, on April 19, 2023. Accordingly, Weatherford Bermuda executed the second supplement to the Indenture, which became effective upon its execution. Additionally, Weatherford today announced Weatherford Bermuda's intention to redeem the remaining $105,000,000 aggregate principal amount outstanding of its 11.00% Senior Notes due 2024. Weatherford Bermuda expects to redeem the 2024 Notes on May 22, 2023 at a redemption price of 102.750% of the principal amount, plus accrued and unpaid interest to, but excluding, the Redemption Date.
CFRX

Hot Stocks

08:33 EDT ContraFect presents CF-370 data at annual EECMID meeting - ContraFect Corporation announces presentation data showing CF-370 is highly efficacious in a neutropenic rabbit pneumonia model against an extensively-drug-resistant, XDR, strain of Pseudomonas aeruginosa. These data were recently presented at the 33rd European Congress of Clinical Microbiology & Infectious Diseases, ECCMID, Annual Meeting held from April 15-18, 2023 in Copenhagen, Denmark. "The data presented on CF-370 at ECCMID should not be understated. As a physician-scientist who has treated hundreds of immunocompromised patients with either hospital-acquired or ventilator-associated pneumonia, the efficacy of CF-370 against an XDR strain of Pseudomonas in neutropenic animals provides hope for patients struggling to fight against life-threatening, resistant pathogens with a compromised immune system," said Roger Pomerantz, MD, President, Chief Executive Officer, and Chairman of ContraFect. "Combined with the data from the presentations of CF-370's novel mechanism of action against the Gram-negative ESKAPE pathogens, we believe the potential for CF-370 to significantly improve clinical outcomes in HAP/VAP patients continues to dramatically increase."
SLRX

Hot Stocks

08:32 EDT Salarius Pharmaceuticals presents data in two posters on SP-3164 at AACR - Salarius Pharmaceuticals announced the presentation of two posters related to the company's novel molecular glue, SP-3164, at the American Association for Cancer Research, AACR, Annual Meeting. Both abstracts highlight preclinical findings with SP-3164, with one focused on non-Hodgkin lymphoma, NHL, and the other on multiple myeloma, MM. "These two studies presented at the prestigious AACR Annual Meeting are adding to the growing body of SP-3164 preclinical data demonstrating anticancer activity alone and in combination with standard-of-care treatments," said David Arthur, president and chief executive officer of Salarius. "In addition, we were excited at the level of interest - at both poster presentations - by representatives from large pharmaceutical companies, biotech companies, and cancer researchers." Research presented at AACR by Daniela Santiesteban, Ph.D., director of protein degradation development at Salarius, in a poster titled "SP-3164, a novel Ikaros and Aiolos molecular glue degrader with preclinical activity in non-Hodgkin lymphomas," demonstrated: The robust protein degradation effects of SP-3164 and validated it as the active anticancer species of avadomide; and SP-3164's compelling antitumor activity of SP-3164 in animal models of follicular lymphoma, a type of NHL, as a single agent and in combination with approved agents, venetoclax or tazemetostat.
ICCT

Hot Stocks

08:32 EDT iCoreConnect announces PDA endorsement of iCore HIPAA, iCoreExchange - iCoreConnect announced the Pennsylvania Dental Association endorsement of iCoreHIPAA HIPAA-compliance platform and iCoreExchange HIPAA-compliant email for dental practices.
RCRT

Hot Stocks

08:23 EDT Recruiter.com announces beta launch of Candidate Pitch - Recruiter.com Group announced the beta launch of Candidate Pitch, a groundbreaking app powered by OpenAI's ChatGPT. The app instantly converts resumes into captivating professional career profiles using artificial intelligence, streamlining the job search process and enabling job seekers and recruiters to create persuasive text-based summaries that showcase unique skills and experience.
GFF

Hot Stocks

08:22 EDT Griffon raises share repurchase authorization, declares $2.00 special dividend - Also, the Griffon board approved two actions to return additional capital to shareholders. First, Griffon increased its share repurchase authorization to $258M from the prior unused authorization of $58M. Second, the Griffon board declared a special cash dividend of $2.00 per share, payable on May 19 to shareholders of record as of the close of business on May 9.
STLA

Hot Stocks

08:21 EDT Stellantis finalizing eFuel testing on 28 engine families - Stellantis confirmed it is finalizing testing of eFuels on 28 engine families to help accelerate the carbon emissions reduction potential of the 28 million Stellantis internal combustion engines, ICE, built since 2014 in Europe, while remaining committed to selling only BEV passenger cars in the region by the end of the decade. As part of the toolbox available to reduce carbon emissions and fight against climate change, eFuel is a drop-in replacement synthetic fuel made from captured atmospheric CO2 and renewable energy. "We are doubling down on our fight against global warming by testing carbon-neutral fuel as a complementary solution to our holistic decarbonization approach. While we remain steadfast in executing our aggressive electrification strategy, we must also find smart alternatives to address the CO2 emissions for the 1.3 billion existing ICE cars," said Stellantis CEO Carlos Tavares. "By working to make sure our Stellantis engines are eFuels friendly, we are aiming at giving our customers another tool in the fight against global warming and one that can have an almost immediate impact. It is also another action we are taking that is well aligned with our commitment to be carbon neutral by 2038." Stellantis is testing and validating 28 engine families built from 2014 to 2029 for both gasoline and diesel engines. The comprehensive validation protocol includes tests on tailpipe emissions, startability, engine power, reliability endurance, oil dilution, fuel tank, fuel lines and filters, to name a few. The use of eFuel in the up to 28 million vehicles in the Stellantis fleet has the potential to reduce up to 400 million tons of CO2 emissions in Europe from 2025 through 2050.
ENG

Hot Stocks

08:21 EDT ENGlobal director Mark Hess retires - ENGlobal announced that Mark Hess, the Company's former CEO, has notified the Company of his decision to retire, effective April 20, as a member of ENGlobal's Board of Directors.
GFF

Hot Stocks

08:21 EDT Griffon concludes strategic review of alternatives - Griffon announced its board of directors unanimously decided to conclude its review of strategic alternatives. After extensive evaluation and deliberation, the board determined the ongoing execution of the company's strategic plan is the best way to maximize value for shareholders at this time.
OCEA

Hot Stocks

08:20 EDT Ocean Biomedical announces notice of allowance for U.S. patent application - Ocean Biomedical announced that its Scientific Co-founder Dr. Jack A. Elias, received a Notice of Allowance from the United States Patent and Trademark Office, USPTO, for his U.S. patent application covering a therapeutic molecule that Ocean Biomedical is working to advance into the clinic for patients suffering from pulmonary fibrosis. Discoveries in recent years by Ocean Biomedical's Scientific Co-founder, Dr. Jack A. 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. This patent allowance covers pulmonary fibrosis caused by multiple conditions including: idiopathic pulmonary fibrosis, genetic pulmonary fibrosis such as Hermansky-Pudlak Syndrome, chemotherapy and radiation-induced pulmonary fibrosis, and exposure-induced interstitial lung diseases including asbestosis and silicosis. 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 disease and plays a role in bleomycin- and IL-13-induced pulmonary fibrosis. In four pulmonary fibrosis animal models, Ocean Biomedical's OCF-203 has shown an 85% - 90% reduction in collagen accumulation. The results of this antifibrotic in the bleomycin model can be seen in the diagram below. Results also showed efficacy in the pale-ear mouse model of HPS, including impressive reductions in fibrosis. As a result, efforts are now moving towards IND-enabling studies.
NKOSF

Hot Stocks

08:16 EDT Labrador Gold announces results from drilling at Appleton Fault Zone - Labrador Gold is pleased to announce results from recent drilling targeting the highly prospective Appleton Fault Zone. The drilling is part of the Company's ongoing 100,000 metre diamond drilling program at its 100% owned Kingsway Project. Highlights of the drilling include an intersection of 5.22g/t Au over 2.80 metres from 418.6 metres that included 22.02g/t Au over 0.4 metres in Hole K-22-214B which also included 8.62 g/t Au over 0.7 metres from 496 metres. This hole was a wedge off Hole K-22-214 that was previously abandoned in mineralization at 486 metres due to excessive fracturing after intersecting 1.19g/t Au over 41.8 metres from 397 metres that included 2.32g/t Au over 18.6 metres including 61.15g/t Au over 0.3 metres. Thes two holes form part of a new mineralized zone, the Greenmantle Zone, that lies below the HTC Zone at a vertical depth of 415 metres. Hole K-23-225, a 100m step out to the northeast intersected 1g/t Au over 10.1 metres from 46.9 metres, that included an interval of 2.28g/t over 2.26 metres containing visible gold. The Big Vein SW zone was extended a further 60 metres to the southwest with intersections of 3.69g/t Au over 2.97 metres from 389.41 metres including 12.05g/t Au over 0.59 metres in Hole K-23-216 and 1.95g/t Au over 9 metres including 8.97g/t Au over 1.6 metres in Hole K-23-218. "Our aggressive step outs to the northeast and southwest continue to intersect gold mineralization at Big Vein which has now been extended to 722 metres in strike length and remains open in both directions. In addition, the discovery of the Greenmantle zone demonstrates the potential for continued mineralization at depth," said Roger Moss, President and CEO of Labrador Gold Corp. "Recent 3D modelling has given us a much better understanding of the structural complexity and controls on gold distribution at Big Vein. Mineralization is closely associated with splays off the Appleton Fault Zone which we now believe to run through Big Vein. This interpretation will guide our drilling as we seek to continue to expand Big Vein along strike and at depth."
DXR

Hot Stocks

08:15 EDT Daxor announces new data from Duke University on BVA-100 blood test - Daxor Corporation announces new data from Duke University Medical Center validating the benefits of the Company's BVA-100 blood test in optimizing individualized therapy for advanced heart failure patients. Data were presented at the 43rd International Society for Heart and Lung Transplant, ISHLT, Annual Meeting and Scientific Sessions, which brought together the world's leading experts in heart and lung transplant held at the Colorado Convention Center, from April 19-22, in Denver, CO. Highlights from the three studies included: "Differences in Pressure-Volume Relationship Between Obese and Non-Obese Patients with Advanced Heart Failure" - This prospective study examined the pressure-volume relationship using right heart catheterization to measure pressures, BVA and clinical assessment in obese heart failure patients. Findings showed no significant correlation between blood volume as measured by BVA and pressure measures in the obese group, highlighting why these patients may be particularly difficult to effectively manage. "Relationship Between Blood Volume Measures and Cardiopulmonary Exercise Testing Performance in Advanced Heart Failure" - The study evaluated the impact of congestion in patients who underwent cardiopulmonary exercise testing with invasive hemodynamic assessment and BVA. Results showed moderate to no correlation between BVA measures and invasive assessment. "Differences in Cardiopulmonary Exercise Performance Between True Anemia and Hemodilution in Patients with Advanced Heart Failure" - Results showed patients with hemodilution had worse cardiopulmonary performance compared to patients with true anemia. Anemia is a common coexisting condition in patients with advanced heart failure. Distinguishing between true anemia and hemodilution guides the right therapeutic approach.
ADTX RDY

Hot Stocks

08:14 EDT Aditxt in asset purchase pact to acquire 50% of of Global Response Aid - Aditxt (ADTX) is pleased to announce the signing of an asset purchase agreement with Cellvera, that grants Aditxt , a 50% ownership in Global Response Aid FZE with the other 50% owned by global logistics leader Agility, . The consideration for the transaction is $24.5M , comprised of: the forgiveness of Aditxt's $14.5M loan to Cellvera, and $10Min cash, and future royalties for 7 years. Together with Dr. Reddy's Laboratories, Ltd. (RDY), GRA holds an exclusive, worldwide license for Avigan 200mg, excluding Japan, China and Russia. In connection with the closing of this transaction, the Share Exchange Agreement previously entered as of December 28, 2021, between Cellvera Global Holdings f/k/a AiPharma Global Holdings, and Aditxt and all other related agreements will be terminated. The closing of the transaction remains subject to a number of conditions, including but not limited to, among others, approval by Aditxt's board of directors to enter into this transaction, financing of the purchase price, regulatory approvals for the transfer of shares, the resolution and satisfaction of all of Cellvera's creditors inclusive of those creditors who have initiated claims, and securing the rights to additional 3rd-party IP assets. No assurance can be given that all of the conditions to closing will be obtained or satisfied, or that the transaction will ultimately close. "We believe this acquisition has the potential to help drive Aditxt's strategic revenue and growth, as we move forward to help address a growing market need for more effective antivirals," said Amro Albanna, co-founder, chairman and CEO of Aditxt. "We are excited by the opportunity to play a key role in the development of Avigan in terms of clinical and commercial opportunities. We believe that Avigan can play a vital role in the treatment of a range of infectious diseases, due to the broad-spectrum nature of the molecule. Although we have only recently entered into the therapeutics market, our goal is to drive a paradigm shift in the treatment and prevention of infectious diseases globally through our newly formed subsidiary Adivir." GRA CEO Mitch Wilson said: "We're very excited about the partnership with Aditxt. Aditxt knows how to assess, develop, and commercialize promising innovations with a focus on immune health. Its expertise is critical in helping GRA bring Avigan to its full potential."
XPO ODFL

Hot Stocks

08:14 EDT XPO Logistics appoints Dave Bates as COOOld Dominion - XPO announced that Dave Bates is joining the company as chief operating officer, North American LTL, effective April 21, 2023. Bates joins XPO from 27 years with Old Dominion Freight Line, Inc., where he was responsible for all day-to-day operations in North America for the last 12 years as senior vice president, operations.
ICAD

Hot Stocks

08:13 EDT iCAD announces new real-world research on ProFound AI - iCAD announced new real-world research confirms ProFound AI has been proven to increase cancer detection rates and provide vital clues for breast imagers' clinical decisions through two studies. One study demonstrated that ProFound AI improved radiologists' performance in detecting breast cancer and providing better accuracy, without increasing abnormal interpretation rates or the rate of recalls. The second study highlighted that the lesion and Case Scores provided by ProFound AI offer important information about the algorithm's confidence in identifying malignancy, with sequential changes in these scores offering significant additional insights. These studies were presented at the American Roentgen Ray Society meeting, which took place April 16-20 in Honolulu, HI. "The body of evidence supporting our Breast AI Suite grows as leading facilities and academic institutions worldwide continue to validate the unmatched results and benefits our technologies offer," said Dana Brown, President and CEO of iCAD, Inc. "The studies presented at the ARRS meeting confirm that ProFound AI not only improves radiologists' performance and aids in the detection of breast cancer, but also reveals valuable clues over time through Case Scores, which can help clinicians make more informed clinical decisions and personalize patient care."
TDUP

Hot Stocks

08:12 EDT Fabletics expands resale program via thredUP's Resale-as-a-Service - Fabletics, YITTY, and thredUP announced the expansion of Fabletics' resale program that now allows customers to shop secondhand Fabletics and YITTY products directly from its website. This is an expansion of its current program with thredUP that launched in July 2021, which allows customers to resell gently worn items for Fabletics shopping credit. The resale program is powered by thredUP's Resale-as-a-Service.
ACHV

Hot Stocks

08:11 EDT Achieve Life Sciences announces Phase 2 ORCA-V1 trial results - Achieve Life Sciences reported positive topline results from its Phase 2 ORCA-V1 trial. ORCA-V1 evaluated the efficacy and safety of 3mg cytisinicline dosed three times daily for 12 weeks compared to placebo in 160 adults who use e-cigarettes or nicotine vapes and who do not currently smoke cigarettes. All participants received behavioral support for nicotine cessation. The primary endpoint for ORCA-V1 was biochemically verified continuous abstinence from nicotine e-cigarette use, measured during the last 4 weeks of treatment. Subjects who received 12 weeks of cytisinicline treatment had 2.6 times higher odds, or likelihood, to have quit vaping during the last 4 weeks of treatment compared to subjects who received placebo. The vaping cessation rate during weeks 9-12 was 31.8% for cytisinicline compared to 15.1% for placebo. A benefit in favor of cytisinicline was consistently observed across the secondary endpoints. Additionally, a cessation benefit was observed for cytisinicline across clinical trial sites and participant demographics such as age, gender, race, or whether they had smoked cigarettes in the past. "These groundbreaking results from ORCA-V1 reaffirm our confidence that cytisinicline could be a safe and effective option to treat nicotine dependence," said Dr. Cindy Jacobs, Chief Medical Officer and President at Achieve Life Sciences. "We believe that cytisinicline has the potential to become the first treatment for nicotine vaping cessation, offering new hope to those who want to quit e-cigarettes." Cytisinicline was well tolerated and no serious adverse events were reported. Similar rates of adverse events were observed between treatment arms. The most commonly reported AEs in the placebo arm were anxiety, headache, upper respiratory tract infection, nausea, and COVID-19 infection. In the cytisinicline arm, greater than5% AEs reported were sleep disturbances, anxiety, headache, fatigue, and upper respiratory tract infection.
DARE

Hot Stocks

08:10 EDT Dare announces initiation of subject enrollment in Phase 1 thermography study - Dare Bioscience announced initiation of screening and enrollment for a Phase 1 clinical study using thermography to assess the pharmacodynamic and pharmacokinetic characterization of Sildenafil Cream, 3.6%, a late-stage product candidate being developed as a potential new treatment for female sexual arousal disorder, FSAD. The quantitative pharmacokinetic and pharmacodynamic temperature data captured in a clinic setting in the study are expected to complement the patient reported outcome data collected in the ongoing Phase 2b RESPOND study, where the women use Sildenafil Cream in their home setting. During the thermography study, vulvar temperature, a surrogate for vulvar blood flow, will be recorded by thermography in a clinic setting. Increasing blood flow to the genital tissue, as Sildenafil Cream is designed to do, has the potential to improve genital arousal response and overall sexual experience for women. Unlike the oral formulations of PDE-5 inhibitors, Sildenafil Cream is designed to be applied locally to the vaginal tissue prior to sexual activity to facilitate vasodilation and increase blood flow directly to the genital tissue to improve the physical arousal response to address the lack of those genital arousal sensations commonly associated with FSAD. "We are excited to announce that enrollment is underway in this important supplemental thermography study," said Sabrina Martucci Johnson, President & CEO of Dare Bioscience. "This study has the potential to provide additional quantitative data regarding the ability of our cream formulation of the active ingredient sildenafil to increase genital blood flow, as assessed by vulvar temperature. These data are expected to complement forthcoming clinical findings from our Phase 2b RESPOND trial in preparation for a Phase 3 program."
WKSP

Hot Stocks

08:09 EDT Worksport announces tonneau cover availability for light-duty trucks - Worksport announced that its folding soft tonneau covers for light-duty trucks are anticipated to be available in the next 4 weeks in a wide range of sizes and configurations to serve pickup trucks from nine automotive manufacturers: Chevrolet, Jeep, Dodge, RAM, Ford, Nissan, Honda, Hyundai, and Toyota.
ENPH

Hot Stocks

08:08 EDT Enphase Energy expands IQ8 microinverter deployments in Michigan - Enphase Energy announced that installers of Enphase products in Michigan have seen growing deployments of Enphase Energy Systems powered by IQ8 Microinverters. "We're lucky to work with the leading solar installers across Michigan to provide homeowners with high-quality and reliable home energy products like the IQ8 Microinverter," said Ken Fong, vice president of sales, North America, at Enphase Energy. "Together, we are driving the transition to clean energy with best-in-class customer service and enabling energy independence at a time when it's needed most."
PVCT

Hot Stocks

08:08 EDT Provectus announces publication on activity of rose bengal sodium - Provectus announced that preclinical research on the Company's pharmaceutical-grade rose bengal sodium drug substance against colistin-resistant gram-negative bacteria was published in The Journal of Antibiotics, a medical periodical by Nature Portfolio for the Japan Antibiotics Research Association. Colistin is used classifies colistin as "highest priority critically important for human health." The article, entitled "Antibacterial effect of rose bengal against colistin-resistant gram negative bacteria" Led by Michio Kurosu, PhD, Professor, Department of Pharmaceutical Sciences, College of Pharmacy, this research work was conducted under a sponsored research agreement between the University of Tennessee Health Science Center in Memphis and Provectus. Dr. Kurosu and his colleagues showed that a formulation of Provectus' pharmaceutical-grade, high-purity, RBS drug substance: Effectively inhibited the growth of colistin-resistant G- bacteria, and Possesses a rapid-killing feature for colistin-resistant G- bacteria. Dr. Kurosu and his colleagues previously published preclinical research on HP-RBf against Gram-positive bacteria in Molecules, an open-access journal of chemistry, entitled "Antibacterial Activity of Pharmaceutical-Grade Rose Bengal: An Application of a Synthetic Dye in Antibacterial Therapies:"HP-RBf killed a battery of G+ bacteria, including drug-resistant strains, at low concentrations in a few minutes under fluorescent, LED, and natural light,HP-RBf eradicated G+ bacterial biofilms, including drug-resistant strains, The frequency that G+ bacteria spontaneously developed resistance to HP-RBf was extremely low, Based on toxicity data, HP-RBf may be feasible as an anti-infective drug for the treatment of skin and soft tissue infections involving multidrug-resistant microbial invasion of the skin, and Based on a whole-genome sequencing and analysis of a generated HP-RBf-resistant mutant, antibacterial activity of HP-RBf under dark conditions may implicate multiple cooperative mechanisms of action.
TWST ALPMY

Hot Stocks

08:07 EDT Twist Bioscience teams with Astellas for drug discovery and development. - Twist Bioscience (TWST) announced a collaboration with Astellas Pharma (ALPMY) by which Astellas will license a suite of Twist's VHH antibody libraries to be used by Astellas for drug discovery and development. "We are pleased to extend our collaboration with Astellas to three agreements across two groups within the company, showcasing our ability to meet the varying needs of our customers and support their success," said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. "This latest collaboration with Astellas demonstrates how Twist can enable our customers to grow their pipelines both externally with our antibody discovery services and by supporting their internal discovery with our highly specific and potent antibody libraries." Under the terms of the agreement, Astellas will license a suite of Twist's VHH libraries for a period of five years and will use the libraries to conduct research and development activities. Twist will receive an upfront payment and will be eligible to receive annual maintenance fees and fees per product through payments associated with specific clinical and commercial milestones. Twist will also be eligible to receive royalty payments on product sales. Twist VHH Antibody Libraries
ICCM

Hot Stocks

08:07 EDT IceCure Medical's ProSense System in endometriosis shows high efficacy - IceCure Medical's ProSense system was used in a single-site study at the Sorbonne University, France. Cryoprobes used in the study were of two types: IceCure's ProSense cryoprobe and Varian's V-probe. The purpose of the study was to retrospectively evaluate the pain-free survival of percutaneous image-guided cryoablation of symptomatic extraperitoneal endometriosis. The study concluded that percutaneous cryoablation is a safe and effective procedure that significantly reduces pain and obtains local control of EE. Efficacy rate of cryoablation to avoid secondary surgery was 92.8% per patient and 93.6% per nodule treated. Median pain-free survival rates were 93.75% at 6 months and 82.72% after 12 months, 24 months, and 36 months. Pain decreased from a median of 8/10 on the visual analogue scale to 0/10 at the last follow-up.
PTRA IEP

Hot Stocks

08:07 EDT Proterra announces appointment of Goodwin as Chief Information Officer - Proterra (PTRA) announced the appointment of Dustin Goodwin as Chief Information Officer, CIO. As Proterra's Chief Information Officer, Dustin joins the company's Leadership Team and will oversee all information technology programs and systems across the organization. Prior to joining Proterra, Goodwin served as CIO of Icahn Enterprises (IEP) where he led technology and cybersecurity operations for a $20B AUM investment firm and privately held companies across multiple industries.
TRU

Hot Stocks

08:04 EDT TransUnion, Spring Labs, Quadrata partner for credit scoring - TransUnion has partnered with Spring Labs and Quadrata to deliver off-chain credit scoring to DeFi and Web3 applications for the first time. Through this new TransUnion service, off-chain credit data will be delivered to DApps using Spring Labs technology and Quadrata, a digital passport network that was spun out from Spring Labs. The credit data will be provided at the request of the consumer. This patented process, developed by Spring Labs, will enable the delivery of the credit scoring data while maintaining the privacy of the consumer's identity on blockchain. The credit score will be delivered from TransUnion facilitated by Spring Labs technology directly to the consumer with excerpt information subsequently shared by the user with the DApp.
PBPB

Hot Stocks

08:04 EDT Potbelly announces refranchising initiative for 2023 - Potbelly has prioritized refranchising in 2023, aiming for approximately 25% of its corporate locations to convert during the next three years. As a launching off point for the refranchising program, the brand recently signed a multi-unit deal for New York City, which calls for 13 new shops over the next eight years, and the refranchise of eight shops. Ownership of the shops has been fully transferred to United One Group, an experienced franchise group led by CEO Paramjit Josan and Chief Development Officer Manny Singh. Combined, the UOG team has over 75 years of restaurant experience, developing and operating fast casual concepts, quick service restaurants and sandwich-specific brands, as well as other hospitality-focused businesses, in the Manhattan region. Beyond refranchising, the brand's U.S. growth plans through franchising call for significantly advancing its national footprint. Potbelly is focused on a 10% annual new unit growth rate by 2024, with accelerated expansion in the years to follow. The company has set a goal of reaching 2,000 total units in the next eight to 10 years, with at least an 85% franchise system. As Potbelly escalates its franchising initiative across the country, it is focused on awarding development agreements to talented multi-unit operators that have proven experience in developing and operating multi-unit restaurant and retail brands. The prioritization of franchise growth supports the brand's 'Traffic Driven' Profitability Strategic Plan, which includes recent Tech Stack rollouts and implementation of a new menu.
AQST

Hot Stocks

08:04 EDT Aquestive receives conditional FDA acceptance for name for AQST-109 - Aquestive Therapeutics announced the U.S. Food and Drug Administration, FDA, has conditionally accepted the proprietary name Anaphylm as the proposed brand name for AQST-109, the Company's polymer matrix-based epinephrine prodrug administered as a sublingual film in development for the treatment of severe allergic reactions including anaphylaxis. The proprietary name Anaphylm was developed after an extensive process involving external branding experts as well as patient feedback. "We are pleased that the FDA has conditionally accepted the name Anaphylm for AQST-109," said Daniel Barber, Chief Executive Officer of Aquestive. "This is yet another important step towards making Anaphylm available to patients. According to literature, almost half of patients said that they didn't have their autoinjector with them during a severe allergic reaction and even when available, it is often not used due to reasons such as needle phobia. We believe changing this paradigm starts with improving how patients and caregivers interact with their prescribed product. The conditional branding of AQST-109 as Anaphylm is just one of the steps we are taking to lower the barriers to patient use."
PCRX

Hot Stocks

08:03 EDT Pacira partners with the Invited Celebrity Classic - Pacira BioSciences and the Invited Celebrity Classic, an officially sanctioned PGA TOUR Champions event, announced a partnership naming Pacira's pain management device, iovera degrees , as The Official Non-Opioid Pain Management Partner of the tournament and other upcoming golf events. The partnership aims to raise awareness of the role of iovera degrees to treat chronic and acute pain. iovera degrees is a handheld device that provides non-medicated pain control by applying focused cold therapy to a specific nerve to interrupt its ability to transmit a pain signal.
AFIB

Hot Stocks

08:03 EDT Acutus Medical announces results from RECOVER AF study - Acutus Medical announced results from the RECOVER AF study. The study, published online in EP Europace, found that patients who received AcQMap-guided ablations for retreatment achieved better outcomes compared to those who underwent traditional anatomical retreatment strategies. Moreover, the study showed patients who had only undergone pulmonary vein isolation before enrollment achieved 91% freedom from atrial fibrillation at one year, while the entire study population, with varying prior procedures, reported 76% freedom from AF at one year.1 Overall, these findings underscore AcQMap's differentiated offering for retreatment procedures in delivering personalized therapy to yield improved outcomes and fulfill a major unmet need in the market. In the RECOVER AF study, AcQMap's unique whole chamber single-beat non-contact mapping was used to map AF and detect Pathological Conduction Patterns, which were then targeted for therapy with a core-to-boundary ablation strategy. 76% of patients undergoing retreatment with AcQMap-guided ablations experienced freedom from AF at one year. Furthermore, freedom from AF was particularly high for patients who had only PVI before enrollment compared to those who had PVI plus additional non-PV ablations. The outcomes provide clear evidence that advanced, patient-specific mapping with the AcQMap system leads to superior outcomes over empirical approaches, especially when used earlier in the patient's treatment pathway. "The RECOVER AF study's findings help advance our strategy to become the system-of-choice for EPs treating complex arrhythmias, including for patients undergoing treatment for persistent AF," said David Roman, President & CEO of Acutus Medical. "Over the past year, we have focused the Company's research and development, commercial, and clinical resources to support customers tackling the most challenging conditions in EP. Through technology innovation and further clinical evidence generation, we believe AcQMap has the potential to become standard-of-care across several arrythmias, and ultimately, impact over $3 billion in addressable procedure categories."
HBAN

Hot Stocks

08:03 EDT Huntington Bancshares sees increasing CET1 to high end of 9%-10% range by YE - Says share repurchases not expected in 2023. Sees FY NII up 6%-9% vs. prior guidance of up 8%-11%. Sees noninterest income flat to down 2% vs. prior guidance of about flat. Sees FY expense ex-items up 1%-3% core underlying, with net charge offs at the low end of 25-45bps through the cycle target. Comments taken from Q1 earnings conference call presentation slides.
JCI NUE

Hot Stocks

08:02 EDT Johnson Controls launches partnership with Nucor - Johnson Controls (JCI) announced the launch of a program for recycling steel, through a collaboration with Nucor (NUE). Over 70% of Johnson Controls steel purchases in the US and 45% globally are manufactured from recycled scrap materials. The program with Nucor will recycle nearly 100% of that secondary scrap steel again, amounting to thousands of tons each year, at major Johnson Controls manufacturing sites in the US. Nucor will remelt the scrap steel using electric arc furnace technology, which generates approximately 75% less emissions than traditional blast furnace manufacturing. The remelted steel will be sold back to Johnson Controls for use in manufacturing. This closed-loop recycling process is a highly efficient form of circularity that is especially well suited to metals like steel, which retain their robust material structures through multiple rounds of recycling and repurposing.
MOBQ

Hot Stocks

08:02 EDT Mobiquity Technologies integrates ad targeting tech into ATOS 2.0 - Mobiquity Technologies announces the integration of advanced AI-powered ad targeting technology into its ATOS 2.0 solution. This enhancement will enable advertisers to optimize their ad placements in real-time, ensuring greater precision and improved campaign performance across multiple platforms.
SNCE AMZN

Hot Stocks

08:00 EDT Science 37 collaborates with AWS to enable clinical research - Science 37 Holdings announced a multi-year relationship with Amazon Web Services to scale and accelerate adoption of the Science 37 Metasite, which provides clinical trial sponsors the ability to securely engage with patients beyond traditional clinical trial sites. Science 37 will become a partner in the AWS Partner Network, which will help reach more customers and providers. Science 37 will continue to leverage the security and reliability of AWS, in addition to its analytics and machine learning (ML) services to help improve decision-making, support patient safety, and reduce the length of trial lifecycles.
T

Hot Stocks

07:56 EDT AT&T targets net debt-to-adjusted EBITDA ratio of 2.5x range by early 2025
T

Hot Stocks

07:55 EDT AT&T reports Q1 cash from operations $6.7B; free cash flow $1B
IREN

Hot Stocks

07:54 EDT Iris Energy increases operating hashrate to 4.6 EH/s - Iris Energy provided an update on the installation of its 5.5 EH/s of operating capacity. Iris Energy is pleased to advise that it has increased its operating hashrate from 3.6 EH/s to a current level of 4.6 EH/s. All remaining 0.9 EH/s of miners have been delivered and are pending installation. 160MW of data centers is available immediately, with commissioning of the first 20MW at Childress expected imminently. The Company is pleased to advise that it has been refunded $18.4 million in deposits by AEP Texas. These deposits were previously paid by the Company to AEP Texas and have now been released following energization of the 600MW bulk power substation at Childress and completion of the connection of the site to the ERCOT grid. The Company also advises that on April 18, 2023, an entity affiliated with Mr. Michael Alfred, a director on the Company's Board of Directors, acquired an additional 50,000 of its ordinary shares for consideration of approximately $232,530. Since March 13, 2023, the relevant affiliated entity has acquired 480,461 ordinary shares in aggregate for total consideration of approximately $1,515,783.
ZTO

Hot Stocks

07:53 EDT ZTO Express reports independent investigation conclusion on short seller report - ZTO Express provided an update on the status of the independent investigation. Shortly after the publication of a report issued by the short-seller firm Grizzly Research on March 2, the audit committee of the company's board of directors decided to conduct an independent investigation into the allegations made in the Initial Short Seller Report. The Independent Investigation was conducted by the Audit Committee with the assistance of independent professional advisors. The Independent Investigation is now substantially complete. Based on findings of the Independent Investigation, the Audit Committee has concluded that the allegations in the Initial Short Seller Report and Additional Short Seller Report are not substantiated.
UNP

Hot Stocks

07:48 EDT Union Pacific maintains FY23 guidance - For FY23: Carloads to exceed Industrial Production; Current Industrial Production forecast: -0.7%; Operating ratio improvement; Pricing dollars in excess of inflation dollars. Capital Allocation: Capital spending less than 15% of revenue; Capital plan of $3.6B; Long term dividend payout target of ~45% of earnings; Excess cash to share repurchases.
UNP

Hot Stocks

07:47 EDT Union Pacific reports Q1 business volumes down 1% - Union Pacific's 62.1% operating ratio deteriorated 270 basis points. Falling fuel prices in the quarter positively impacted the operating ratio by 190 basis points. "We delivered greater network fluidity and resiliency in the first quarter even as we faced a series of significant weather events," said Lance Fritz, Union Pacific chairman, president, and CEO. "In addition to the impact of weather on carload volumes and costs, higher inflation also reduced our operating income and more than offset our record first quarter operating revenue. Despite a continued challenging environment, our strengthening service product, bolstered by a strong pipeline of new employees, gives us confidence we can capture available demand and improve efficiency the remainder of the year."
WBS

Hot Stocks

07:44 EDT Webster Financial sees FY23 loan growth 4%-6%, core deposit growth 8%-10% - Sees FY23 NII $2.375B-$2.425B non-FTE, fees in the range of $375M-$400M, expenses $1.2B-$1.225B. Sees FY efficiency ratio about 40% and tax rate 22%-23%. The firm's long-term CET1 capital ratio target is 10.5%. Comments taken from Q1 earnings conference call presentation slides.
MRNA IBM

Hot Stocks

07:39 EDT Moderna, IBM to explore quantum computing, generative AI for mRNA science - Moderna (MRNA) and IBM (IBM) announced an agreement under which Moderna will explore next generation technologies including quantum computing and artificial intelligence to advance and accelerate mRNA research and science.Quantum computing is a rapidly emerging and transformative technology that utilizes the principles of quantum mechanics to solve problems too complex for classical computers. Moderna scientists will learn how quantum technology could be applied to previously intractable problems for classical computers. Together, the companies will explore the potential application of quantum approaches to Moderna's scientific challenges. Moderna will participate in the IBM Quantum Accelerator program and the IBM Quantum Network. Under the agreement, IBM will provide access to quantum computing systems, as well as expertise to assist Moderna in exploring cutting-edge life sciences use-cases powered by quantum technologies. Moderna and IBM scientists will apply MoLFormer, an AI foundation model that can help scientists predict a molecule's properties, and could help them understand the characteristics of potential mRNA medicines. Moderna's goal will be to use MoLFormer to help optimize lipid nanoparticles, which encapsulate and protect mRNA as it travels within the body, and mRNA, which acts as instructions to cells in order to fight disease. Under this initiative, Moderna and IBM will combine state-of-the-art formulation discovery with generative AI to design mRNA medicines with optimal safety and performance.
BWV VERU

Hot Stocks

07:38 EDT Blue Water to acquire ENTADFI from Veru for $100M - Blue Water Vaccines (BWV) announced the signing of an Asset Purchase Agreement with Veru (VERU) for the purchase of ENTADFI(R), an FDA-approved treatment for benign prostatic hyperplasia that counteracts negative sexual side effects seen in men on alternative BPH therapies. Under this Agreement, Blue Water will purchase ENTADFI(R) for a total consideration of $100 million, with $20 million upfront, paid in defined tranches through September 2024, and the possibility of an additional $80 million based on predetermined annual sales milestones. Blue Water will also assume royalty and milestone obligations under a previous asset purchase agreement, including a royalty on all sales and sales milestone payments of up to $22.5 million. In addition to all commercial materials, contracts, intellectual property, and regulatory records and filings, BWV will acquire all available inventory of ENTADFI, approximately 125,000 bottles. ENTADFI, approved by the FDA in December 2021 for the treatment of BPH in men with an enlarged prostate, combines finasteride, a traditional BPH medication, and tadalafil, a BPH and erectile dysfunction medication, into a once daily pill. This allows patients to receive BPH medication without the negative side effects of traditional medication and has proven both safe and effective in multiple clinical trials prior to its FDA approval. In a pivotal Phase 3, double blinded, parallel-design clinical trial, 696 men, including those with co-morbid conditions, were randomized to initiate either tadalafil plus finasteride or placebo with finasteride over 26 weeks. Tadalafil and finasteride administered together demonstrated statistically significant improvement in the signs and symptoms of BPH compared to placebo with finasteride. ENTADFI is currently available at pharmacies nationwide for prescription, but upon execution of this purchase, Blue Water intends to optimize sales, distribution, and marketing strategies to maximize access to ENTADFI for BPH patients. Through this transformative acquisition, Blue Water expands to become a broader pharmaceutical company and will rely on its experienced management and leadership to drive success. In January 2023, Frank Jaeger joined Blue Water as Vice President of Marketing and Business Development and is expected to lead commercialization and sales of ENTADFI with his significant experience in men's health products, such as JATENZO and AndroGel 1.62%. In his new role at Blue Water, Mr. Jaeger is expected to lead the growth and development of ENTADFI with his expertise and knowledge within both the drug commercialization and men's health spaces. To reflect the company transformation and robust pipeline, spanning multiple sectors, the Company's Board of Directors has approved a corporate name change and rebranding to Blue Water Biotech. The name change is expected to take effect during, and rebranding activities will continue through, the second quarter of 2023. Prior to effectuating the name change, the Company's common stock will continue to trade under the ticker symbol NASDAQ: BWV.
MGA MBGYY

Hot Stocks

07:37 EDT Magna announces production milestone, 500,000 Mercedes G-class vehicles - The Mercedes G-Class (MBGYY) is one of the most iconic luxury SUVs globally and has been built by Magna (MGA) since 1979. The legendary off-road vehicle entered its 44th year of production in Graz, Austria and has reached the historic mark of 500,000 produced vehicles. "A half a million of this iconic vehicle is a significant milestone which underscores Magna's competencies as a highly flexible and experienced contract manufacturing partner. Our partnership with Mercedes-Benz has been one built on trust and collaboration which is reflected in the longevity of the program in our Graz facility," says Roland Prettner, Interim President of Magna Steyr.
FFIV

Hot Stocks

07:35 EDT F5 Networks reducing global headcount by about 9% or 620 positions - As part of its Q2 results yesterday, the company stated: "F5 announced today that it is reducing its global headcount by approximately 620 employees, or approximately 9% of its total workforce. These workforce-related actions are expected to be completed by April 21, 2023 with the exception of the Company's EMEA and parts of its APAC regions where employees will continue the consultation process over the coming weeks, as required by local laws. The Company estimates that these headcount reductions will result in annualized savings of approximately $130 million. The Company expects it will incur approximately $45 million in severance benefits costs and other charges related to these actions in fiscal year 2023. Additionally, the Company will reduce, and in some cases, eliminate portions of its facilities footprint, as well as reduce costs by applying additional scrutiny on discretionary projects, further reducing travel, and substantially reducing the size of its corporate bonus pool in 2023." CEO Francois Locoh-Donou noted: "Given the current demand environment however, we are taking action to reduce our operating costs while prioritizing initiatives and innovations that will deliver the most benefit to our customers."
NUE

Hot Stocks

07:35 EDT Nucor CEO expects 2023 to be 'another very profitable year' - "We had a very strong quarter, driven by solid performance in our steel products segment and increased demand for steel at our mills," said Leon Topalian, Nucor's Chair, President, and CEO. "Demand from nonresidential construction, our largest end market, continues to be robust driven by strength in infrastructure and manufacturing investment. Average steel mill utilization rates and profit margins were both up in the first quarter compared to the fourth quarter, with sheet and plate mills seeing some of the largest gains. This, coupled with year-over-year gains in automotive and stability in energy, gives us confidence that 2023 will be another very profitable year for Nucor. My thanks to our 31,000 teammates for their dedication to safely meeting our customers' needs while executing our strategic growth agenda."
MBUU

Hot Stocks

07:34 EDT Malibu Boats appoints Black as Interim Chief Financial Officer - Malibu Boats announced the appointment of David Black as Interim Chief Financial Officer, effective April 19, 2023. Malibu's current Chief Financial Officer, Wayne Wilson has notified the Company of his resignation to pursue a similar role at a private equity-backed private company in Knoxville, Tennessee. Wilson will actively serve in an advisory role and assist with the transition through May 12, 2023. The Board of Directors has initiated a search for Wilson's successor. Black has served as Malibu's Corporate Controller since November 2020, having previously served as the Company's Director of Internal Audit since 2017.
SNSE

Hot Stocks

07:33 EDT Sensei Biotherapeutics announces IND clearance by FDA for SNS-101 - Sensei Biotherapeutics announced that the U.S. Food and Drug Administration, FDA, has cleared its Investigational New Drug, IND, application for SNS-101, a conditionally active VISTA-blocking antibody, paving the way for the Company to conduct a Phase 1/2 clinical trial in patients with solid tumors. "Receiving IND clearance to advance our first conditionally active antibody into a Phase 1/2 clinical trial represents an important milestone for Sensei. We believe that SNS-101 has the potential to make a significant impact in the field and to improve the lives of cancer patients worldwide," said John Celebi, President and Chief Executive Officer of Sensei Biotherapeutics. "We are delighted to bring SNS-101 into the clinic and explore its potential as a transformative treatment option for patients with solid tumors." The Phase 1/2 clinical trial is designed to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and efficacy of SNS-101 as both a monotherapy and in combination with Regeneron's PD-1 inhibitor Libtayo in solid-tumor cancer patients.
NVS

Hot Stocks

07:26 EDT Novartis presents new five-year data on Kesimpta - Novartis announced new long-term data from the ALITHIOS open-label extension study showing that up to five years, patients treated earlier and continuously with Kesimpta had fewer disability worsening events and low brain volume change versus those who started on teriflunomide and were later switched to Kesimpta. A separate analysis showed that treatment with Kesimpta for up to five years was well-tolerated, with no new or increased safety risks identified. These data will be presented at the American Academy of Neurology, AAN, Annual Meeting held in Boston and virtually on April 22-27, 2023. Additionally, brain volume change remained low with Kesimpta treatment over five years, and overall, patients initially randomized to Kesimpta had lower levels of brain volume loss at year five than those initially randomized to teriflunomide. The separate analysis of the ALITHIOS extension data showed consistent safety results of Kesimpta for people with RMS following up to five years of treatment2. The overall rates of adverse events and serious AEs were consistent with the core Phase III trials. Most COVID-19 cases were mild to moderate in severity and non-serious, and 98.6% of patients treated with Kesimpta recovered, recovered with sequalae, or were recovering from COVID-192. Most infections resolved without discontinuing Kesimpta treatment. The overall rate of serious infections also remained stable with no increased risk over five years. Mean serum immunoglobulin G levels remained stable up to five years of treatment and the majority of patients had lgG levels above the lower limit of normal. There were six fatal cases due to serious infections.
SGNLF

Hot Stocks

07:17 EDT Signal Gold reports Q1 gold produced 1,384 ounces - During the first quarter of 2023, the Company completed mining at the Argyle Mine and processed the remaining 36,541 tonnes of ore in stockpile, resulting in gold production of 1,384 ounces. Point Rousse sold 3,051 ounces of gold in Q1 2023, exceeding the guidance of approximately 2,500 ounces, as the finished goods and gold-in-circuit as of December 31, 2022 was poured and sold, in addition to gold produced during the quarter. Gold sold during the quarter generated metals revenue of $7.8 million; the Company ended the quarter with a cash balance of $16.2 million. In addition to ongoing progressive reclamation activities, particularly at the Argyle Mine, the Company is undertaking a clean-out of the Pine Cove mill and surrounding area to potentially recover further gold ounces. As of March 31, 2023, the Company had received a deposit of $400,000 for this initiative, with further funds expected to be received in the near-term. The revenue from the clean-out efforts is not included in the first quarter results and will be recognized in the second quarter of 2023. "I would again like to thank the employees and contractors at our Point Rousse operation for their efforts to transition Point Rousse to care and maintenance in a safe and productive manner. During the first quarter, the operation sold 3,051 ounces of gold to generate $7.8 million in metals revenue, exceeding our initial projection of 2,500 ounces, and we have been successfully recovering further gold from ongoing mill clean-up activity. To date, all severance and retention amounts have been paid and ongoing progressive reclamation continues. The Company is reviewing strategic alternatives for its Newfoundland assets, which include the only permitted gold processing facility in Newfoundland, a deep water port, and a permitted in-pit tailings facility with long-term capacity, and ~15,000 hectares of highly prospective mineral property, including those adjacent to the past producing, high-grade Nugget Pond Mine at its Tilt Cove Gold Project."
KEY

Hot Stocks

07:14 EDT KeyCorp sees FY23 NII down 1%-3% vs. previous view up 1%-4% - Sees loans up 6%-9%, deposits flat to down 2%, noninterest income down 1%-3%. Sees FY23 noninterest expense relatively stable, and a GAAP tax rate of 20%-21% vs. prior view of 19%-20%.
TLSA

Hot Stocks

07:13 EDT Tiziana Life Sciences to file alzheimer's IND for intranasal foralumab in Q2 - Tiziana Life Sciences announced its plan to submit an IND for intranasal foralumab in patients with mild to moderate Alzheimer's Disease in Q2 2023. "Following the FDA feedback from our protocol and development plans from the August 2022 type "B" Pre-IND meeting, Tiziana plans submit its intranasal foralumab protocol and IND for mild to moderate Alzheimer's disease in Q2 2023," stated Gabriele Cerrone, Executive Chairman, Founder and interim Chief Executive Officer of Tiziana. "Tiziana is also seeking $3,000,000 in non-dilutive funding from a prestigious Alzheimer's foundation to support the Phase 2a trial. It is my expectation that this funding application will be submitted Q2 2023 with a response expected Q3 2023."
DLTNF

Hot Stocks

07:13 EDT Delta 9 Cannabis announces second year of operation of mobile cannabis store - DELTA 9 CANNABIS announced it is in its second year of operation for its mobile store and has expanded its summer schedule to attend four music festival and events with several additional events still pending. Delta 9 has plans to attend between 8-10 events this season in 2023. In 2022 Delta 9 became the first company to launch a mobile cannabis store in Canada, licensed by the Liquor Gaming and Cannabis Authority of Manitoba to sell cannabis on-site at major Manitoba festivals. In 2023 the Company's mobile store plans to attend the 2023 Dauphin Countryfest, Rockin the Fields Minnedosa music festival, Super Spike Volleyball Tournament and Real Love Summerfest, along with other events which have yet to be finalized.
CVLG

Hot Stocks

07:13 EDT Covenant announces grand opening of Hogan Hall, Orientation Training Center - Covenant Logistics announces the grand opening of its newly constructed Hogan Hall and renovated Orientation Training Center, developed exclusively to support truck driver orientations, trainings and other events. Named for Covenant's Executive Vice President Joey Hogan, Hogan Hall sets the industry standard for driver accommodations, and offers the highest-level comfort and security to drivers at Covenant's headquarters in Chattanooga. "This building demonstrates Covenant's total dedication to its loyal driving team, who deliver each and every day for our company and our customers. We look forward to this new chapter of Covenant's history beginning and are pleased to have welcomed drivers, employees and friends on campus to celebrate this momentous event with us," said Covenant's President and COO Paul Bunn.
KEY

Hot Stocks

07:12 EDT KeyCorp reiterates long-term targets - In the long term the company expects: positive operating leverage, cash efficiency ratio of 54%-56%, net charge-offs to average loans 40-60 basis points and ROTCE 16%-19%. Guidance taken from Q1 investor presentation slides.
AGNPF

Hot Stocks

07:12 EDT Algernon Pharmaceuticals reminds shareholders of rights offering - Algernon Pharmaceuticals is reminding its shareholders of the details of its previously announced rights offering as well as the cut off date and time for the exercise of those rights. On March 21, 2023, Algernon announced it was undertaking a rights offering to raise gross proceeds of approximately $2,416,747. The Company has offered 9,666,988 rights to holders of its Class A common shares as of the close of business on the record date of March 29, 2023 on the basis of one Right for each one Share held. Each one Right will entitle the holder to subscribe for one unit at the subscription price of $0.25 per Unit. The Rights are trading on the Canadian Securities Exchange under the symbol "AGN.RT" and will trade until 9:00 a.m. on or about April 27, 2023. The Rights will expire at 2:00 p.m. on April 27, 2023, after which time unexercised Rights will be void and of no value. It is important to note that many intermediaries may have different cut off times prior to the Expiry Date and Expiry Time. As such, the Company recommends that all eligible shareholders who own their Shares through an intermediary contact their broker or financial advisor about the Rights Offering to ensure that they can participate by the intermediary's cut off time for subscriptions.
VTNR

Hot Stocks

07:12 EDT Vertex Energy appoints Doug Haugh as Chief Commercial Officer - Vertex Energy announced that it has appointed energy and technology industry veteran Doug Haugh as Chief Commercial Officer of Vertex Energy, effective April 17, 2023. In his new role, Doug will provide strategic direction for all commercial operations spanning from feedstock to finished products, driving the Company's growth initiatives.
CTSO

Hot Stocks

07:11 EDT CytoSorbents's STAR-T trial reaches second key milestone - CytoSorbents Corporation announces that its pivotal STAR-T randomized, controlled trial has enrolled 80 patients, achieving the second of three key enrollment milestones, and triggering a pre-specified Data and Safety Monitoring Board, DSMB, safety review. Dr. Efthymios N. Deliargyris, Chief Medical Officer of CytoSorbents stated, "We are pleased with the solid enrollment pace of the STAR-T trial, now two-thirds enrolled, and believe it reflects a) the positive enthusiasm and commitment of participating U.S. and Canadian study centers, b) the large unmet medical need and numbers of patients on ticagrelor undergoing cardiothoracic surgery, and c) the laser focus of our clinical team. We expect completion of the second DSMB safety review over the next several months." Dr. Deliargyris continued, "Because of the brisk enrollment of the trial, we continue to project that STAR-T will be fully enrolled this summer. Because of this, as we discussed in our last earnings call in March, we have elected to forego an interim analysis at this stage which would have otherwise taken several months to conclude, and instead race to complete trial enrollment on schedule and initiate the final study analysis, while preserving the full statistical power of the study. This would put us in the position of having top-line data later this year, with the goal of filing for U.S. FDA and Health Canada regulatory approval thereafter."
SRDX

Hot Stocks

07:11 EDT Surmodics:1st patient enrolled in PROWL registry study using Pounce Thrombectomy - Surmodics announced enrollment of the first patient in PROWL, the Pounce Thrombectomy System Retrospective Registry. PROWL is an open-label, retrospective, multi-center, U.S. registry of the Surmodics Pounce system for the non-surgical removal of emboli and thrombi in the peripheral arterial vasculature. The registry will collect real-world efficacy and safety outcomes data for endovascular interventions using the Pounce system for up to 500 patients at up to 30 sites. Dr. Sean Lyden, Chairman of the Department of Vascular Surgery, Cleveland Clinic, and Dr. Joseph Campbell, Interventional Cardiologist, OhioHealth, are National Co-Principal Investigators. The first site to enroll a patient in the registry study was Baton Rouge General Medical Center, Baton Rouge, La. "We are delighted to be the first site to enroll a patient in the PROWL registry," said Dr. Joseph Griffin, Vascular Surgeon, Vascular Specialty Center, LLC and Baton Rouge General Medical Center. "In our experience, the Pounce system promptly removes peripheral arterial clot in a single treatment session while reducing the need for thrombolytic drugs and subsequent ICU stays. We're eager to help track outcomes in this important study." "We've long needed better tools to help us resolve acute limb ischemia in a simple and effective manner, without the use of multiple adjunctive treatments," he added. "In this respect, our experience with the Pounce system has been quite positive."
VRSK

Hot Stocks

07:11 EDT Verisk collaborates with LGIM to power new sovereign ESG index fund offering - Verisk Maplecroft, Verisk's global risk analytics business, announced a new collaboration with Legal & General Investment Management, LGIM, one of Europe's largest asset managers, to power a new slate of investment products. LGIM plans to utilize Verisk Maplecroft's portfolio of ESG risk analytics, which outperformed alternative data across a broad set of criteria, to develop Sovereign ESG Index funds. "We are delighted to be working with LGIM on their new Sovereign ESG Index funds", said James Lockhart Smith, VP of Markets & ESG at Verisk Maplecroft. "The scale of fast-evolving environmental risks, as well as persistent social and governance deficits, has increased the need for sovereign debt investment products that use ESG criteria in an impactful way. Verisk Maplecroft sees this relationship as critical to deepening ESG incorporation across government bond markets."
MFIC

Hot Stocks

07:09 EDT MidCap Financial Investment amends, extends revolving credit facility - MidCap Financial Investment Corporation has amended and extended its senior secured, multi-currency, revolving credit facility. Lender commitments under the Facility will remain $1.705 billion until December 22, 2024 and will decrease to $1.550 billion thereafter. The final maturity date under the Facility was extended by over two years from December 22, 2025 to April 19, 2028. The primary benchmark rate was changed from LIBOR to SOFR and the spread under the Facility was slightly reduced. The remaining material terms of the Facility will remain unchanged.JPMorgan Chase Bank, N.A., Truist Securities, Inc., BMO Capital Markets Corp., and MUFG Bank, LTD. are Joint Bookrunners and Joint Lead Arrangers on the Facility. JPMorgan Chase Bank, N.A is the Administrative Agent on the Facility.
TGLS WFC

Hot Stocks

07:09 EDT Tecnoglass announces long term strategic partnership with Wells Fargo - Tecnoglass (TGLS) announces a strategic partnership with Wells Fargo (WFC) to create a new ES Windows financing program available nationwide for its existing and expanding geographies. As a wholly owned distributor and retailer of Tecnoglass products, ES Windows has designed a program that is expected to benefit both dealers and end consumers by providing very competitive and affordable financing products directly from Wells Fargo. By incentivizing its clients and end consumers, the Company expects to also drive incremental sales and target a broader audience as part of its overall single-family residential expansion strategy. Jose Daes, Chief Executive Officer, commented, "Tecnoglass is committed to helping its customers successfully grow their businesses and we believe this program will help generate revenue for Tecnoglass partners by reducing the cost of financing window renovations. Offering access to a variety of affordable financing solutions can be an important competitive advantage to attract consumers making structural upgrades, such as windows. As we open new geographies, we are excited to partner with Wells Fargo, a global institution with significant reach within the U.S."
NBR

Hot Stocks

07:08 EDT Nabors Industries partners with Corva for digital drilling control - Nabors Industries and Corva announced a strategic technology partnership to provide a digital and automation offering to the global drilling industry. Integrating Corva's industry leading App Store and Dev Center with Nabors' SmartROS universal drilling rig controls and automation system is expected to deliver solutions that rapidly scale process and machine automation, enhance remote project oversight and streamline data exchange and collaboration across any AC rig fleet. Nabors and Corva seek to simplify the execution of automation on any AC rig. Current deployments of SmartROS include more than 124 Nabors rigs in the Lower 48, Latin America and the Middle East, as well as 15 non-Nabors rigs. Corva features more than 100 Apps and Dashboards that automate, monitor and optimize drilling processes. Using SmartROS, Corva extends rig control and real-time data pipelines from the wellsite to the E&P company's back office and mobile devices, enabling customers to drill safer and more effectively.
DSGX

Hot Stocks

07:08 EDT Descartes Systems announces it acquired assets of Localz - Descartes Systems Group announced it has acquired the assets of Localz, a technology platform to help engage with customers on the day they're having goods or services delivered. "A great delivery experience is essential and expected by customers," said Edward Ryan, Descartes' CEO. "End customers demand visibility and choice. Localz has a highly complementary solution to Descartes that dramatically improves the scheduling and day-of-service customer experience. We're thrilled to welcome the Localz employees, customers and partners into the Descartes family and we look forward bringing this new technology to our wider customer base."
OBSV

Hot Stocks

07:08 EDT ObsEva announces change of central securities depositary - ObsEva intends for its common shares to be traded under a new International Securities Identification Numbers beginning on April 25, 2023. ObsEva's common shares were delisted from the Nasdaq Capital Market, effective March 23, 2023, and a Form 25 was filed on March 27, 2023 to remove the registration of ObsEva's common shares under Section 12(b) of the Securities Exchange Act of 1934, as amended. ObsEva intends to file a Form 15 with the Securities and Exchange Commission suspending its reporting obligations under Section 15(d) of the Exchange Act on April 26, 2023. As a result, ObsEva's common shares are expected to be no longer eligible to settle through the systems operated by The Depository Trust Company, which so far has operated as the central securities depositary for ObsEva's common shares. Additionally, it is expected that ObsEva's common shares will cease trading on the OTC Pink Sheets Marketplace under the symbol "OBSVF". ObsEva has taken steps to provide that SIX SIS will act as the central securities depositary for ObsEva's common shares. SIX SIS is a central securities depositary for securities traded on SIX Swiss Exchange, where ObsEva's common shares are listed under the ticker symbol "OBSN". Once the switch from DTC to SIX SIS is completed, the common shares will trade under a new ISIN. April 24, 2023 is the last day ObsEva's common shares will be traded under CUSIP H5861P103 and ISIN CH0346177709. The next day, April 25, 2023, ObsEva's common shares will be tradable on SIX Swiss Exchange under ISIN CH1260041939.
BFRG

Hot Stocks

07:05 EDT Bullfrog AI, Sage Group explore JV opportunities to advance oncology assets - BullFrog AI Holdings announced a strategic partnership with the Sage Group. The engagement will focus on seeking joint venture opportunities to further advance BullFrog AI's Phase 2 ready asset targeting glioblastoma, an aggressive form of brain cancer, as well as the Company's preclinical prodrug asset. The partnership will give BullFrog AI access to the Sage Group's clinical and regulatory expertise, capital resources, and network of contacts, including innovators and large pharma
LCI

Hot Stocks

06:56 EDT Lannett announces NYSE to commence proceedings to delist company common stock - Lannett announced that it received a written notice from the NYSE, notifying the company that the NYSE will commence proceedings to delist the company's common stock from the NYSE. The NYSE reached this determination pursuant to Section 802.01B of the NYSE's Listed Company Manual because the Company has fallen below the NYSE's continued listing standard requiring listed companies to maintain an average global market capitalization of at least $15,000,000 over a consecutive 30-trading day period. The NYSE suspended trading in the company's common stock immediately after market close on April 19. The company's common stock will begin trading in the over-the-counter market commencing on April 20. The common stock will retain the ticker symbol (LCI).
EXK

Hot Stocks

06:52 EDT Endeavour Silver provides construction update on Terronera Project - Endeavour Silver provided a construction update for its Terronera Project in Jalisco state, Mexico, along with the launch of a photo gallery that will be updated as activity on site progresses. Initial production is scheduled for Q4, 2024. Early works have been underway since 1Q22, with more than $58M of the budget spent to date. Upcoming major milestones include completing detail engineering and expediting mill and infrastructure procurement; finalizing earthworks and beginning concrete work prior to starting mechanical, piping and electrical work; completing permanent camp and initiating site infrastructure construction including warehouse, assay lab, and mill, mine and admin offices; commencing construction of engineering tailing storage facility and liquefied natural gas (LNG) vaporization plant along with gas-fired gensets; and advancing mine development and underground infrastructure installations.
DHI

Hot Stocks

06:50 EDT D.R. Horton reports Q2 home sales revenues of $7.4B on 19,664 homes closed - Reports Q2 net sales orders of 23,142 homes, with an order value of $8.6B. At March 31, 2023, the company had 43,600 homes in inventory, of which 24,800 were unsold. 6,400 of the company's unsold homes at March 31, 2023 were completed. The company's homebuilding land and lot portfolio totaled 547,000 lots at the end of the quarter, of which 25% were owned and 75% were controlled through land and lot purchase contracts.
VERU BWV

Hot Stocks

06:49 EDT Veru sells Entadfi business to Blue Water - Veru (VERU) is selling its Entadfi capsules business for benign prostatic hyperplasia to Blue Water Vaccines, Inc. (BWV) for $20M and up to an additional $80M from sales milestones. Veru received $6M at closing and Blue Water is obligated to pay the company an additional $4M in the company's FY23, and an additional $10M in installments in the company's FY24. In addition, Veru could receive up to an additional $80M if certain Entadfi sales milestones are achieved.
CMA

Hot Stocks

06:48 EDT Comerica sees 2023 average loans up 8%-9%, NII up 6%-7% vs. 2022 - Sees 2023 average deposits down 12%-14%, with noninterest income up 6%-7% and noninterest expenses up 7%. Sees FY23 tax rate roughly 23% and CET1 ratio of about 10%.
CMA

Hot Stocks

06:47 EDT Comerica sees Q2 average loans up 3%, with NII down 11%-13% - Sees Q2 noninterest income up 1%-2%, with noninterest expense down 3%-4% and average deposits down 3%-4%. Comments taken from Q1 earnings conference call presentation slides.
DG

Hot Stocks

06:46 EDT Dollar General names Kelly Dilts as CFO, succeeding John Garratt - Dollar General announced the promotion of Kelly Dilts to Executive Vice President and CFO, effective May 1. The company's current President and CFO John Garratt will retain his role as President until his planned retirement on June 2. Since joining Dollar General in July 2019, Dilts has served as Senior Vice President, Finance with responsibility for financial planning and analysis; procurement; margin planning and analytics; decision science and analytics; and investor relations.
AUGX HCA

Hot Stocks

06:45 EDT Augmedix partners with HCA Healthcare for AI-enabled documentation - Augmedix (AUGX) announced a partnership with HCA Healthcare (HCA) to accelerate development of technology that aims to transform the way patient care is documented in the acute care setting. Augmedix will collaborate with HCA Healthcare to advance the development of AI-powered ambient documentation products for acute care clinicians, helping to streamline hospital workflows. These products instantly convert natural clinician-patient conversations into medical notes that physicians and nurses can review and finalize before they are transferred in real time to the Electronic Health Record. HCA Healthcare currently is pilot testing Augmedix's technology stack, which includes automatic speech recognition technology and natural processing algorithms, in the emergency department in two hospitals, and plans to expand the pilot in emergency departments in two additional hospitals in the first half of the year. In conjunction with this partnership, HCA Healthcare will make a financial investment in Augmedix; this investment will accelerate progress in Augmedix's AI-centric R&D efforts to generate fully automated ambient documentation products that function within the complex acute care setting.
HRI

Hot Stocks

06:42 EDT Herc Holdings backs 2023 adjusted EBITDA view $1.45B-$1.55B
SNA

Hot Stocks

06:40 EDT Snap-On sees 2023 CapEx $100M - Believes that markets and operations possess and have demonstrated continuing and considerable resilience against the uncertainties of the current environment. In 2023, Snap-on expects to make ongoing progress along its defined runways for coherent growth, leveraging capabilities already demonstrated in the automotive repair arena and developing and expanding its professional customer base, not only in automotive repair, but in adjacent markets, additional geographies and other areas, including extending in critical industries, where the cost and penalties for failure can be high. Anticipates 2023 effective income tax rate will be in the range of 23% to 24%.
T

Hot Stocks

06:37 EDT AT&T says on track to achieve $6B-plus run-rate cost savings target this year
T

Hot Stocks

06:37 EDT AT&T reports 424,000 postpaid phone net adds in Q1 - Reports 272,000 AT&T Fiber net adds. Reports total wireless net adds were 5.1M. "Our teams take pride in connecting more people to greater possibility through 5G and fiber," said John Stankey, AT&T CEO. "We're winning thanks to a proven and sustainable playbook that centers on simple, customer-centric experiences. As a result, we're adding high-value customers, and when they choose AT&T, they stay with us. The work we're doing today is establishing a foundation for durable, long-term growth, and we remain confident in our full-year guidance."
KBR CC

Hot Stocks

06:26 EDT KBR awarded engineering, design services contract from Chemours - KBR (KBR) today it has been awarded an engineering and design services contract from Chemours (CC) to increase capacity and advance technology for its Nafion ion exchange materials platform. The contract is part of Chemours' $200M investment to expand the Nafion membranes and dispersions technology platform to support the growing hydrogen economy.
BIMI

Hot Stocks

06:06 EDT BIMI International Medical receives Nasdaq non-compliance notification - BIMI International received a notification letter from Nasdaq stating that, because the company has not yet filed its Annual Report on Form 10-K for 2022, the company is no longer in compliance with Nasdaq Listing Rules. The Nasdaq letter has no immediate effect on the listing of the company's shares. The company has 60 calendar days to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for filing the Form 10-K to regain compliance. The company intends to resolve the deficiency and regain compliance.
UBER

Hot Stocks

06:02 EDT Uber, Cartken expand sidewalk robot deliveries to Virginia - Uber Technologies and Cartken, an AI-powered robotics company, announced an expansion of their partnership to include food deliveries via automated robots in Fairfax, Virginia. Uber Eats consumers at Mosaic District will have the opportunity to have orders delivered by Cartken's self-driving robot. Starting April 20, Uber and Cartken will begin operating with select merchants at Mosaic District, a shopping and dining district owned and operated by EDENS. At launch, merchants like Our Mom Eugenia, Pupatella, and RASA, will participate in the program.
WPP

Hot Stocks

06:01 EDT WPP acquires sonic branding agency amp, terms not disclosed - WPP announces the acquisition of amp, one of the world's leading sonic branding companies. Amp's expertise will strengthen WPP's offer in experiential branding and its ability to create high-quality, differentiated, and ownable sound experiences for clients. The acquisition comes as sound continues to grow as a vital branding element, with 75% of GenZ consumers saying that music helps them to feel more connected to brands.
COIN

Hot Stocks

05:51 EDT Coinbase receives license to operate in Bermuda - In a blog post on Wednesday, Coinbase disclosed that it has received a license to operate in Bermuda. The company said: "Bermuda was chosen as one of our international hubs as the BMA is a highly respected and experienced financial regulator that is led by a world-class executive team and board of directors." TheFly notes that CoinDesk reported on Wednesday that CEO Brian Armstrong has indicated that if the U.S. regulatory environment for the industry does not become clearer, the crypto exchange will consider moving away from the U.S. Reference Link
ALV

Hot Stocks

05:08 EDT Autoliv to build new airbag cushion, fabric plant in Vietnam - Autolivto build new announced its plan to build a new airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in response to customer demands and is intended to meet expanded future airbag production needs for the growing Asia market. The new facility will be built in Amata City Ha Long Industrial Park, located in the northern part of Vietnam. The facility will showcase Autoliv's manufacturing capabilities utilizing Manufacturing 4.0 concepts by integrating new technologies into the operations. This is the first Autoliv investment in Vietnam. The site area will be approximately 90,000 sqm, and the new production facility is expected to begin production of airbag cushions for our airbag module assembly facilities in Asia by late 2025. When fully operational, the facility can employ up to 2,000 people.
PAYO

Hot Stocks

05:06 EDT Payoneer Global collaborates with Zoho on payment solutions - Payoneer announced its collaboration with Zoho, a global technology company which provides a range of software solutions to businesses. The collaboration will enable Payoneer to provide innovative payment solutions to businesses using Zoho Books, the cloud accounting platform, with plans to expand to other parts of the Zoho product offering. The collaboration will benefit small and medium-sized businesses and freelancers working globally in India, Australia, New Zealand, the UK, and the Philippines, with plans to expand the offering into new markets in the future. Businesses will be able to select Payoneer as a payment solution when invoicing their clients, and their funds will be received in the Payoneer account. Businesses in India, Australia, New Zealand, the UK, and the Philippines can then hold the funds in different currencies, spend online, or pay suppliers. Businesses in India can withdraw their funds automatically to their local bank account and download their digital FIRC. Payoneer's payment solution will be available as an extension which can be installed from Zoho Marketplace, enabling businesses to invoice their customers and receive payments into their Payoneer account. In addition to this, the automated payment reminders in Zoho Books will help businesses to reduce the number of late payments. Payoneer's customers will have access to Zoho Books, followed by other products from Zoho's finance suite in the coming months, making this a one-stop solution for businesses.
MAG

Hot Stocks

05:03 EDT MAG Silver announces commencement of production at Juanicipio Mine - MAG Silver announced that it has been informed by Fresnillo, the operator of the Juanicipio Mine, that concentrate production at the high-grade Juanicipio Mine has commenced with the shipment of its first commercial lead and zinc concentrates in late March 2023. Regular concentrate shipments have commenced and are planned going forward. The company said, "Construction activities are now substantially complete, commissioning and start-up of the process plant has gone well, and we look forward to ramping up to design rates over the next few months. During March 2023, milling rates were around 60% of design, delivering an average of 2,476 tonnes per day with rates periodically reaching up to 3,900 tonnes per day. Current mill feed is a combination of mineralized material from underground stopes and lower grade stockpiles that were earmarked for commissioning activities. Mining operations continue to perform as planned and will ramp up high grade feed as the plant approaches commercial production and recovery rates are in line with design. Over the course of March 2023, lower grade commissioning material was processed with recovery rates averaging 84% for silver, slightly above expectations at this stage of the commissioning. We expect the recovery rates to increase steadily and reach design as throughput rates and feed grade increase."