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

18:10 EDT Simply Good Foods CLO Kraft sells 13,520 common shares - In a regulatory filing, Simply Good Foods chief legal officer Timothy Richard Kraft disclosed the sale of 13,520 common shares of the company on May 5 at a price of $37.2219 per share.

17:16 EDT Merck general counsel Zachary sells 19,141 common shares - In a regulatory filing, Merck executive VP and general counsel Jennifer Zachary disclosed the sale of 19,141 common shares of the company on May 4 at a price of $117.5923 per share.

17:08 EDT McDonald's CCO Steijaert sells 3,402 common shares - In a regulatory filing, McDonald's chief customer officer Manuel Steijaert disclosed the sale of 3,402 common shares of the company on May 5 at a price of $296.35 per share.

17:01 EDT Washington Federal, Luther Burbank receive shareholder approval for merger - Washington Federal (WAFD) and Luther Burbank (LBC) jointly announced that, at special meetings of their respective shareholders held on May 4, 2023, Washington Federal shareholders approved the issuance of shares of Washington Federal's common stock to the shareholders of Luther Burbank pursuant to that certain Agreement and Plan of Reorganization, dated as of November 13, 2022, by and between Washington Federal and Luther Burbank, and Luther Burbank's shareholders approved the Merger Agreement, the merger of Luther Burbank with and into Washington Federal, with Washington Federal as the surviving corporation, and the compensation payable to the named executive officers of Luther Burbank in connection with the Merger. The final results on the proposals voted on at the special meetings of each company's shareholders held on May 4, 2023 will be set forth in the companies' separate Form 8-Ks to be filed with the U.S. Securities and Exchange Commission after certification by each company's inspector of election. The consummation of the Merger remains subject to customary closing conditions, including receipt of required regulatory approvals. Brent Beardall, President and Chief Executive Officer of Washington Federal, commented, "We are pleased to have received approval of our shareholders and Luther Burbank's shareholders in connection with our pending acquisition of Luther Burbank. These voting results affirm our belief that the combination of Washington Federal and Luther Burbank will create significant opportunities to enhance the banking experience for our customers and drive increased long-term value for our shareholders. Upon receipt of regulatory approval, we will be prepared to efficiently execute on our integration plan and begin extending our diversified banking products and services into our new communities in California."

16:44 EDT M.D.C. Holdings CEO Mandarich sells 157,044 common shares - In a regulatory filing, M.D.C. Holdings president and CEO David Mandarich disclosed the sale of 157,044 common shares of the company on May 5 at a price of $41.45 per share.

16:33 EDT South Plains Financial announces $15M share repurchase plan - South Plains Financial announced that the board of directors of the company approved a stock repurchase program for up to $15M of the outstanding shares of the company's common stock. The Stock Repurchase Program will conclude on May 5, 2024, subject to the earlier termination or extension of the Stock Repurchase Program by the Board or the $15M designated for the Stock Repurchase Program are depleted.

16:32 EDT Tejon Ranch names Brett Brown as CFO, succeeding Allen Lyda - Tejon Ranch (TRC) announced the appointment of Brett Brown as Executive Vice President and CFO. Brown was most recently Executive Vice President, CFO, and Treasurer at Alexander & Baldwin (ALEX), in Honolulu, HI. Brown will assume the position from current CFO Allen Lyda, who will continue his other responsibilities as Executive Vice President and COO. Brown will report directly to Lyda in his new role.

16:17 EDT CNO Financial raises quarterly dividend to 15c from 14c per share - The dividend will be payable June 23 to shareholders of record at the close of business on June 9.

16:08 EDT Mereo BioPharma announces listing transfer to Nasdaq Capital Market - Mereo BioPharma announced that it has received approval from Listing Qualifications Department of the Nasdaq Stock Market to transfer the listing of its American Depositary Shares from the Nasdaq Global Market to the Nasdaq Capital Market. This transfer became effective at the opening of business on May 3, 2023. The Nasdaq Global Market and the Nasdaq Capital Market are each market tiers of Nasdaq and the Nasdaq Capital Market is a continuous trading market that operates in the same manner as the Nasdaq Global Market. Therefore, the company's ADSs continue to trade under the ticker symbol "MREO" and are not affected by this change to the listing. The approval by Nasdaq was based upon the Company meeting the applicable market value of publicly held shares requirement for continued listing and all other applicable requirements for initial listing on the Capital Market, except for the bid price requirement.

15:48 EDT Braskem SA trading resumes

15:19 EDT Braskem reports Novonor says didn't receive any proposal for company - In a filing with its local regulator, Braskem stated: "Braskem S.A. announces to the market in general that, due to news published in the media regarding a possible proposal to purchase control of Braskem and given the atypical oscillation of shares issued by the company on this date, requested clarification from Novonor regarding such news, which reported the following: 'In response to your request, Novonor informs that, since our last demonstrations and up to the present moment, it has not received any proposal from potential interested parties that implies in material or binding evolution in the discussions it has been holding with the five Banks holders of the Fiduciary Assignment of their indirect interest in Braskem S.A. We remain at your disposal. for any further clarification.' Braskem informs that it will continue supporting its Shareholders and will keep the market informed about relevant developments, in compliance with applicable laws." Reference Link

15:08 EDT Braskem SA trading halted, news pending

14:20 EDT JX Luxventure Ltd trading halted, volatility trading pause

14:11 EDT Velan shareholders approve acquisition by Flowserve - Velan announced that holders of subordinate voting shares and of multiple voting shares of Velan have approved the proposed arrangement resolution in connection with the arrangement agreement made as of February 9, among Velan and Flowserve US, as amended by the first amendment to the arrangement agreement dated March 27, pursuant to which all of Velan's issued and outstanding shares would be acquired for $13.00 per share in cash. The arrangement remains subject to the approval of the Superior Court of Quebec and the satisfaction or waiver of other customary closing conditions, including the regulatory approvals and clearances. The Court hearing for the final order to approve the Arrangement is expected to take place on May 16 and the completion of the arrangement is now expected to occur in the third quarter of 2023, Velan stated.

13:58 EDT FuboTV says 'no further plans to sell' under ATM program - David Gandler, CEO and co-founder of FuboTV, said on the company's earnings call this morning, according to a transcript of the event: "From a cash usage perspective, we anticipate continued significant year-over-year improvement in 2023, similar to our seasonal trajectory in 2022. Fubo continues to focus on efficiently allocating capital through a measured and disciplined approach. In particular, on controlling cash usage, we believe that our current cash balance of $364.8M is sufficient to fund our operating plan, until we achieve positive cash flow in 2025. During the quarter, we raised $117.2M in net proceeds from our aftermarket program, of which $106.1M settled in the first quarter. And based on our current outlook, we have no further plans to sell under the ATM program." Shares of FuboTV are up 35c, or 31%, to $1.47 in afternoon trading.

13:43 EDT Cleveland-Cliffs says IAM Local 1943 employees at Middletown Works ratify pact - Cleveland-Cliffs announced that its employees represented by the International Association of Machinists and Aerospace Workers, or IAM, Local 1943 at its Middletown Works steelmaking plant ratified a new four-year labor agreement. The new agreement is effective on May 15, and covers approximately 2,100 hourly employees. Lourenco Goncalves, Chairman, President and CEO of Cleveland-Cliffs said, "We are pleased to have concluded the process of negotiating and implementing a new labor agreement at Middletown Works. The agreement just ratified by our union represented employees is fair, equitable and beneficial for our employees and for the company."

13:02 EDT Baker Hughes reports U.S. rig count down 7 to 748 rigs - Baker Hughes reports the U.S. rig count is down 7 from last week to 748, with oil rigs down 3 to 588, gas rigs down 4 to 157 and miscellaneous rigs unchanged at 3. The U.S. rig count is up 43 rigs from last year's count of 705, with oil rigs up 31, gas rigs up 11 and miscellaneous up 1. The U.S. offshore rig count is up 1 to 21, up 4 year-over-year. The Canada rig count is unchanged from last week at 93.

12:42 EDT Newell Brands CFO purchases nearly $1M of shares - Newell Brands CFO Mark Erceg disclosed this morning to the purchase of 100,100 shares a price of $9.98, for $999,098. The CFO now owns 243,725 shares of Newell. The stock in midday trading is up 4% to $10.21.

12:36 EDT Braskem SA trading resumes

12:08 EDT Generac pays $15.8M civil penalty to CPSC for not reporting defect - The Consumer Product Safety Commission is announcing that Generac Power Systems has agreed to pay a $15.8M civil penalty. The settlement resolves CPSC's charges that Generac failed to immediately report to CPSC, as required by law, that 32 models of its Generac and DR 6500 Watt and 8000 Watt portable generators contained a defect that could create a substantial product hazard and created an unreasonable risk of serious injury to consumers, the agency said in a statement.

12:00 EDT Bio-Rad falls -16.6% - Bio-Rad is down -16.6%, or -$76.70 to $385.91.

12:00 EDT Telephone and Data falls -21.4% - Telephone and Data is down -21.4%, or -$2.05 to $7.51.

12:00 EDT Owens & Minor rises 37.7% - Owens & Minor is up 37.7%, or $5.12 to $18.66.

11:51 EDT Alstom announces Delpit to become CFO, Bradley to be CHRO - Alstom announced the appointment of its future Chief Financial Officer and Chief Human Resources Officer. Effective June 30, Bernard Delpit will become Executive Vice President and CFO of the group while Helen Bradley will be appointed CHRO. "We are delighted to welcome Bernard Delpit and Helen Bradley within Alstom Leadership Team. Their extensive wealth of experience as executives in major global industrial and financial institutions will be of great value to ensure Alstom successful development going forward. We thank Laurent Martinez and Anne-Sophie Chauveau-Galas for their long-standing contribution," stated Henri Poupart-Lafarge, Chairman of the Board of Directors and CEO of Alstom group. Delpit most recently was Deputy CEO of Groupe Bruxelles Lambert, while Bradley is joining Alstom from Bureau Veritas, where she held the position of Executive Vice President in charge of Human Resources & QHSE since 2018.

11:38 EDT Charles Schwab CFO says 2023 IDA 'provides further clarity,' flexibility - Peter Crawford, Managing Director and Chief Financial Officer of Charles Schwab, provided additional perspectives on the 2023 IDA as well as recent client cash allocation activity in a post to the company's website, stating in part: "As we have done in the past, we wanted to use this forum to provide you with an update on a couple of topics - a Second Amended and Restated Insured Deposit Account Agreement, or '2023 IDA,' and the noticeable slowing in client cash allocation activity we have experienced over recent months. In our 8-K filing today, we announced that we and TD Bank, N.A. and TD Bank USA, N.A. have entered into the 2023 IDA which extends the agreement until July 1, 2034. Schwab and TD Bank have agreed to this extension and other modifications to the Amended and Restated Insured Deposit Account Agreement from late 2019 in order to allocate the impact of changing market conditions with greater clarity and in a mutually agreeable way... Our ability to eventually have 100% floating rate balances provides several long-term benefits, notably the increased capital and liquidity efficiency given the typical yield differential between what we receive on those balances under the agreement versus what we can earn investing in floating rate securities ourselves - especially when factoring in the cost of capital. Said another way, using the 2023 IDA to help manage some of the ebbs and flows of client cash balances can create more stability within Schwab's on-balance sheet deposit base AND boost our return on equity. While the 2023 IDA provides further clarity and helps maintain operational and financial flexibility going forward, it also sets the stage for an enhanced experience for our clients as we continue to provide them with a leading banking experience as part of our modern wealth management offering. With regard to client cash allocation activity, the favorable month-to-date trajectory highlighted at the recent Spring Business Update persisted through the end of April - as the pace of outflows slowed during what is historically a stronger outflow month due to tax payments... This steadily improving trend marks the third consecutive month of observed deceleration in the daily average pace of cash realignment within bank sweep and Bank Deposit Account balances - further bolstering our conviction in this activity abating during 2023 and a resumption in growth of client cash on the balance sheet... The combination of these trends - along with robust year-to-date organic growth and a 6th consecutive month of over 300 thousand new brokerage accounts - demonstrates the strength of our client-centric model which positions us to deliver attractive 'through the cycle' returns for stockholders." Reference Link

11:31 EDT MKT Capital urges Aurinia shareholders to withhold support for chairman, CEO - MKT Capital, a significant shareholder of Aurinia Pharmaceuticals, with beneficial ownership of approximately 4.2% of Aurinia's outstanding shares, issued a statement regarding the Company's recently issued financial results for the quarter ended March 31, 2023. As a reminder, MKT Capital is recommending shareholders WITHHOLD support for Chairman Dr. George Milne, CEO Peter Greenleaf and Compensation Committee Chair Joseph Hagan at the upcoming Annual Meeting of Shareholders scheduled to be held on May 17, 2023. MKT Capital also urges shareholders to follow the recommendation of leading independent proxy advisory firm Institutional Shareholder Services Inc. and vote AGAINST the ratification of the Company's named executive officers' compensation. Antoine Khalife, founder of MKT Capital, commented: "We believe yesterday's first quarter results, in which management increased guidance and spending significantly, indicate that the Company is not being managed effectively and further validate the case for boardroom change at Aurinia. It seems that CEO Peter Greenleaf is attempting to convince shareholders that brighter days are ahead by increasing guidance by $15 million for the net product sales of LUPKYNIS. With the Company's stock price falling 4% yesterday, investors clearly did not buy these hollow projections, which is not surprising to us given the Company's history of reducing guidance towards the end of the year. The fact of the matter is that since the launch of the drug over three years ago, less than 1% of the total U.S. market is currently under medication. The Company's excessive cash burn rate and lack of significant pipeline development also suggests that it will exhaust its financial resources due to poor sales and current cash reserves. Despite CEO Greenleaf's claims of a 'strong start,' management had to spend $64 million over the past quarter to generate sales at a loss of $34 million and gain a mere 200 patients. This leadership team has proven year-after-year an inability to broaden distribution or grow sales of the highly valuable LUPKYNIS drug and has repeatedly prioritized rich executive compensation packages in the face of value destruction. That is why we believe shareholders should WITHHOLD support for Chairman Dr. George Milne, CEO Peter Greenleaf and Compensation Committee Chair Joseph Hagan at the upcoming Annual Meeting. This can help send a clear message to the Board of Directors that the status quo is unacceptable and shareholders demand accountability. We believe that holding these directors accountable is a necessary first step towards delivering meaningful value for shareholders."

10:40 EDT Actelis Networks Inc trading resumes

10:38 EDT Fisker announces first delivery of Ocean all-electric SUV - Fisker announces that the first customer has taken delivery of the Fisker Ocean all-electric SUV. The owner received their vehicle from Fisker Chairman and CEO Henrik Fisker at the recently opened Fisker Center+ facility in Copenhagen, Denmark.

10:00 EDT Bio-Rad falls -14.2% - Bio-Rad is down -14.2%, or -$65.46 to $397.15.

10:00 EDT Telephone and Data falls -24.7% - Telephone and Data is down -24.7%, or -$2.37 to $7.20.

10:00 EDT Carvana rises 32.9% - Carvana is up 32.9%, or $2.37 to $9.57.

09:47 EDT Telephone and Data falls -12.9% - Telephone and Data is down -12.9%, or -$1.23 to $8.33.

09:47 EDT Tutor Perini falls -15.4% - Tutor Perini is down -15.4%, or -90c to $4.96.

09:47 EDT Owens & Minor rises 33.4% - Owens & Minor is up 33.4%, or $4.52 to $18.07.

09:43 EDT TOP Financial Group Ltd trading resumes

09:40 EDT Cardlytics trading resumes

09:40 EDT MediaAlpha trading resumes

09:37 EDT Assure Holdings performs first neuromonitoring case in Montana - Assure Holdings announced that it has expanded its operations and performed its first neuromonitoring case in the state of Montana. The first case was performed pursuant to a relationship established between Assure and a distinguished surgical center in Montana.

09:35 EDT Cardlytics trading halted, volatility trading pause

09:34 EDT MediaAlpha trading halted, volatility trading pause

09:31 EDT Frontier Communications trading halted, volatility trading pause

09:30 EDT Baosheng Media Group Holdings Ltd trading halted, volatility trading pause

09:05 EDT Boyd Gaming announces additional $500M under share repurchase program - Boyd Gaming announced that its board of directors has authorized an additional $500M under the company's share repurchase program. Considering the additional authorization, the company had approximately $633 million remaining in repurchase authority as of March 31. Additionally, the board of directors has declared a quarterly cash dividend of 16c per share, payable July 15 to shareholders of record as of June 15.

08:56 EDT Blink Charging partners with Amerit Fleet Solutions for maintenance support - Blink Charging and Amerit Fleet Solutions announced a cooperative agreement for Amerit to provide on-site preventative maintenance support for Blink's growing fleet customers. The agreement allows Blink customers to tap into Amerit's expertise to provide on-site preventative care and service on Blink's fleet charging stations, helping to increase uptime, safety, and reliability and keep electric fleets on the road.

08:41 EDT Iris Energy mines 319 bitcoin in April - Iris Energy published a monthly investor update for April 2023, containing its results from operations as well as business updates. Key Highlights: Corporate: Increased operating hashrate by 118% to 5.5 EH/s; Investor update call to be held on May 10, 2023; US$18.4m AEP refund received; New R&D initiatives underway; Further ordinary shares acquired by a director, Mr. Michael Alfred. Operations: Average operating hashrate of 3,965 PH/s; Monthly operating revenue of US$9.0 million; 319 Bitcoin mined. Construction: Childress: 600MW bulk power substation and 100MW primary substation energized; 20MW data center operational, with final commissioning activities; 580MW of spare power capacity for expansion, planning underway.

08:35 EDT Republic First Bancorp announces business updates to advance strategy - Republic First Bancorp announced actions that it has taken in furtherance of management's strategy to better serve customers, focus resources on core business lines and markets, increase profitability and create value for shareholders. Exit of Mortgage Origination Business: Republic Bank will exit its legacy mortgage origination business. The Bank will continue to support local communities through various Community Reinvestment Act initiatives driven through its core business lines. Streamlining NYC Commercial Lending Business: The Company will streamline its commercial lending business in New York City and has made commensurate reductions in force in its New York Lending and Credit teams. This action will allow Republic Bank to focus on its strong commercial relationships in and around the Bank's core Philadelphia Metropolitan area market, serving clients domiciled here who have businesses inside and outside the region. Thomas Geisel, President and CEO of Republic First Bancorp, Inc., stated: "When I became CEO, I articulated a clear strategy to focus on our core business lines in our core markets. In our recent first quarter 2023 earnings report, we noted that we would be executing meaningful business realignment and efficiency initiatives to grow profitability, allow us to better serve our customers and create value for shareholders and all stakeholders. Today's updates represent important steps in that direction."

08:34 EDT Arrival receives NASDAQ notification of non-compliance with listing rule - Arrival announced that it received a notice on Tuesday, May 2, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market stating that because the Company has not yet filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022, the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1). The Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. As disclosed in the Company's Notification of Late Filing on Form 12b-25 with respect to the 2022 20-F filed with the SEC on May 1, 2023, the delay in filing the 2022 20-F results in part from the diversion of the attention of management and other personnel responsible for the preparation of the 2022 20-F to fundraising and business combination transactions. As a result of the Company's delay, KPMG LLP, the Company's independent registered public accounting firm, will also need additional time to complete its audit procedures.

08:32 EDT Neuronetics reports inducement grant under Nasdaq listing rule - Neuronetics announced the granting of inducement awards of Restricted Stock Units representing a total of 89,559 shares of the Company's common stock to thirteen new non-executive employees. In accordance with NASDAQ Listing Rule 5635(c)(4), these awards were approved by Neuronetics' Compensation Committee and made as material inducements to their respective employment with the Company. Each of the RSU grants vests ratably in three equal installments on the first, second and third anniversaries of the grant date, subject to the recipient's continued service with the Company through the applicable vesting date. The RSUs are subject to the terms of the Neuronetics 2020 Inducement Plan.

08:18 EDT Arbor Realty raises quarterly dividend 5% to 42c per share - The Company announced today that its Board of Directors has declared a quarterly cash dividend of $0.42 per share of common stock for the quarter ended March 31, 2023. The dividend is payable on May 31, 2023 to common stockholders of record on May 19, 2023. The ex-dividend date is May 18, 2023.

08:11 EDT FCM urges Mind Medicine shareholders to vote for four director nominees - FCM MM Holdings, which together with its affiliates beneficially own 1,368,538 common shares of Mind Medicine, announced that it had released a letter to its fellow Minded shareholders. The letter read in part, " Unfortunately, the current members of MindMed's board of directors have not been effective in creating shareholder value - rather, they have overseen the destruction of over a billion dollars in shareholder value as the stock has plunged 95%1, all while tripling their own compensation and lavishing themselves and executives with over $51M2 in compensation over the past two years. In the same period, MindMed spent just 12.7% of its total operating costs on its core drugs3, MM-110 and MM-120. Why? We believe the Board's incentives are not aligned to maximize long-term shareholder value - the Board owns4 a meager 0.22% of MindMed's shares outstanding, less than its peers where the average board owns over 7%5. Since 2021, we have attempted to engage constructively with the Board on our ideas for adding value for the benefit of all MindMed shareholders, including our Value Enhancement Plan that we presented to the Board and management in August 2022. We remain dumbstruck by the Board's lack of urgency in addressing the critical issues we raised with them. Unfortunately, we had to take the extraordinary step of nominating four highly qualified director candidates because FCM determined that the only way to put MindMed back on track and stop the destruction of further shareholder value would be to reconstitute the Board and take immediate action for the benefit of all shareholders...We strongly believe that real change is needed now to revitalize the Company while there is still time and money left. Our plan is simple: Align G&A Expenses and Headcount with MindMed's Actual Needs...Return to a Coherent Clinical Development Strategy...Building a Qualified Management Team...Align Director and Executive Compensation with the Creation of Sustainable Shareholder Value..Adopt Corporate Governance Best Practices...Accordingly, to execute on this plan, we have nominated four exceptionally qualified individuals for election as directors at this year's Annual Meeting scheduled for June 15, 2023: Dr. Scott Freeman, Dr. Farzin Farzaneh, Mr. Vivek Jain, and Mr. Alexander Wodka. We believe our nominees have the biotechnology skills and experience, along with financial acumen and corporate governance knowledge, to greatly enhance MindMed's value and ensure the Company executives and directors stop treating its shareholders as an afterthought."

08:04 EDT Trinity Biotech regains compliance with Nasdaq minimum closing bid price rule - Trinity Biotech reported the receipt of a formal notification from The Nasdaq Stock Market that the Company has regained compliance with Listing Rule 5450(a)(1), which requires the Company's ordinary shares to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's ordinary shares was at $1.00 per share or greater for the prior 10 consecutive business days. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) and Nasdaq considers the prior bid price deficiency matter now closed.

08:03 EDT InspireMD announces new date for Q1 financial results - InspireMD will now report first quarter 2023 financial results on Monday, May 15th, 2023. Management will host a conference call and webcast with the investment community at 8:30 am that same day to review financial results and provide an update on corporate developments.

08:01 EDT Trio Petroleum announces drilling commences on HV-1 well - Trio Petroleum announced that the Ensign Drilling Rig #540 has commenced drilling operations on Trio's HV-1 well located at the South Salinas Project. It is anticipated that it will take about 20 days to drill the well to total depth. Drilling of HV-1 commenced at 8:00PM Pacific Time on Thursday May 4, 2023. The anticipated total depth of the well will be 6,500 feet. The HV-1 confirmation well is a two-mile step-out from Trio's 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 location was chosen based on interpretation of three-dimensional seismic data and the well will help define the magnitude of this new oil and gas field, in which Trio owns an 85.75% working interest.

07:52 EDT Pitney Bowes issues statement to shareholders regarding shareholder meeting - Pitney Bowes issued the following statement to Pitney Bowes shareholders in connection with the company's 2023 annual meeting of shareholders to be held on May 9: "Your vote is critical and more important than ever. As we enter the final days before Pitney Bowes' May 9 Annual Meeting, we urge you to vote FOR all Pitney Bowes nominees and Katie May on the GOLD proxy card. We thank all of our shareholders who have spoken with us and shared their perspectives over these last several months. Throughout these conversations with shareholders, we have appreciated hearing your insights into our businesses, leadership, and future. Our goal remains to continue the strategic transformation of Pitney Bowes and to drive sustainable value for our shareholders. As you consider your vote for the 2023 Annual Meeting, we urge you to remember that our Board is comprised of individuals with deep experience and diverse backgrounds who maintain a relentless focus on consistently challenging management and each other, with respect to both current plans and in developing new ideas. We have always sought a proper balance of directors with deep institutional and industry knowledge, as well as newer voices with fresh viewpoints on the Company. Both new ideas and a rooted understanding of the business are important assets for Board decision making. The changes we have made since 2015 reflect this commitment. With our continued Board refreshment, we are confident that our recommended director nominees are the right individuals to drive Pitney Bowes forward, ensure the long-term success of our businesses, and enhance value for shareholders. We look forward to your participation at our 2023 Annual Meeting in just a few days. Please be sure to vote ahead of this meeting to ensure that your vote is received and counted. Every vote is important, no matter how many shares you may hold. The Board recommends all shareholders to vote "FOR" all the nominees recommended by the Pitney Bowes Board (all eight Company nominees and the recommended Hestia nominee, Katie May) on the GOLD proxy card today."

07:47 EDT Bombardier launches Iridium Certus connectivity service - Bombardier announced that all Challenger 3500 aircraft will now be equipped with Iridium Certus connectivity as a baseline feature, providing clients with a highly reliable internet service. Collaborating with Collins Aerospace, Bombardier's Preferred Service Provider for fleetwide connectivity services, this new offering will support the aircraft's exquisite on-board experience and ensure heightened productivity. With a top connection speed of 704 Kbps, Iridium Certus provides a strong foundation for connectivity needs, with the lowest latency and the largest coverage, stretching from north to south and from east to west. Thanks to a constellation of more than 66 cross-linked satellites, passengers will benefit from a truly global network with higher data speed for optimal efficiency and a seamless in-flight experience. All present operators of Challenger 300 and Challenger 350 aircraft will be able to install this new service as a retrofit in Bombardier's extensive service centre network.

07:35 EDT Shyft Group introduces K3 525 Chassis, warranty for Newmar models - Spartan RV Chassis introduced its new K3 525 chassis, designed exclusively for the 2024 Newmar Mountain Aire Class A diesel luxury motorcoach. Boosting horsepower to 525hp, the chassis delivers faster acceleration for best-in-class performance on hills and other challenging terrain. It's further enhanced by Premier Drive, Spartan RV Chassis' proprietary suspension system, ensuring superior handling, stability, and ride comfort. Spartan RV Chassis also introduced an industry-leading warranty for all eight Newmar models built on the Spartan RV chassis, including the Mountain Aire and the best-selling Dutch Star. The new 5-year, 100,000-mile fully transferable warranty, along with the industry's only 20-year, unlimited-mile warranty on frame rails and cross members, and three years of complimentary roadside assistance, reflects an unwavering commitment to customer satisfaction.

07:34 EDT Cboe Global Markets backs FY23 CapEx view $60M-$66M

07:32 EDT CNH Industrial sees 2023 Industrial Activities net sales up 8%-11% - North American demand for row crop products is strong. Globally, pricing continues to be resilient, order backlog remains solid and well above 2019 levels. The Company is therefore updating the 2023 outlook for its Industrial Activities: Net sales up between 8% and 11% year on year including currency translation effects; SG&A up, no more than 5% vs 2022; Free Cash Flow of Industrial Activities between $1.3bn and $1.5bn; R&D expenses and capital expenditures at around $1.6bn.

07:17 EDT Orion Engineered announces new share repurchase plan - Orion Engineered announced that its board of directors has approved a new share repurchase program with authorization to management to purchase up to approximately 6.9M of its outstanding common stock. This new program allows for shares to be repurchased at any time through June 2027. Combined with the soon-to-be-completed previous share repurchase authorization to management, the company has the potential to purchase up to 15% of its outstanding shares.

07:14 EDT Ginkgo Bioworks appoints Steven Coen as Chief Accounting Officer - Ginkgo Bioworks appointed Steven Coen as Chief Accounting Officer effective May 15. Most recently, Coen was the Corporate Vice President and Corporate Controller for Charles River Laboratories, a publicly held global contract research organization for pharmaceutical and biotechnology companies, governmental agencies and leading academic institutions, with approximately 20,000 employees across 150 locations in over 20 countries and annual revenues of approximately $4.0 billion. Prior to that, Coen served in accounting and finance leadership roles in the technology and medical device industries after spending more than 17 years in the audit practice at Deloitte & Touche. Marie Fallon, Ginkgo's current CAO, will step down from her role effective May 15. Fallon's resignation was a personal decision to pursue other opportunities and is not the result of any disagreement with the company. Fallon will remain with the company through June 2 to support a smooth transition of responsibilities and will then serve as a consultant to Ginkgo for an interim period.

07:12 EDT Warner Bros. Discovery sees U.S. DTC business profitable in 2023

07:08 EDT Freight Technologies discontinues alliance with Zaro Transportation - Freight Technologies announces the discontinuation of its alliance with Zaro Transportation. Javier Selgas, CEO of Fr8App, said, "At Fr8Tech, we entered into the strategic alliance with Zaro expecting to be able to reach a certain level of sales at margins that we expected would be lower than our other business segments but at acceptable levels. Our alliance with Zaro enhanced Zaro's ability to provide services in the tremendously competitive U.S. freight market, but recent market conditions - including significant insurance premium increases for our alliance -- caused us to re-evaluate the longer-term prospects of this opportunity. We decided to discontinue the alliance to allow the Fr8Tech team to focus on our higher-margin segments. We recently announced that we had our highest monthly increase in new clients during the month of March 2023. We need to focus our limited resources to growing these promising segments over what is now a highly competitive, low-margin U.S. domestic business."

07:03 EDT Mobilicom to present at U.S. Special Operation Command's SOF Week - Mobilicom announced it will showcase its battle and field-tested portfolio of products and solutions to procurement specialists from the U.S. Department of Defense and other key decision makers at SOF Week in Tampa, Florida on May 8-11, 2023. Mobilicom will present its advanced end-to-end cybersecure solutions for individual drones, drone fleets, robots, and autonomous vehicles that address the intensifying challenge of protecting Special Operations Forces warfighters and other valuable assets against cyberattacks without compromising functionality or performance . The product presentations will be made in conjunction with Mistral, Mobilicom's strategic collaborator in the U.S. market. Mistral, a prime contractor for the DOD, is integrating Mobilicom's solutions into contract bids for its installed base of defense industry customers and partners.

06:37 EDT PBF Energy sees FY23 capital expenditures $700M-$750M - The company said, "PBF's operational and financial performance in 2022, provided stable footing for 2023. Our commitment to safe operations remains primary, and through successful operational execution, the durable improvements and strength of our balance sheet are the next priorities. At quarter-end, we had approximately $1.6 billion of cash. We reduced gross debt during the first quarter through the repayment of the $525 million PBF Logistics LP notes. Over the last twelve months, PBF has reduced consolidated net debt by over $2.8 billion. Our net debt to capitalization was effectively zero at the end of the first quarter. We reduced our outstanding environmental credit payables by approximately $300 million in the first quarter and expect to continue to reduce our environmental credit payables to more normalized levels over the next several quarters. We remain active on the previously announced $500 million share repurchase program and increased the existing authorization by $500 million to a total repurchase authorization of $1 billion. The repurchase authorization has also been extended for one year and will expire December 11, 2025. To date, we have repurchased approximately $346 million of equity, including $22 million in April and May. Our operational execution and balance sheet improvements have generated significant value for our investors in the near-term and, more importantly, demonstrate our commitment to fiscal discipline, long-term value and shareholder returns. As always, the safety and reliability of our core operations are paramount. We continue investing in all our assets and expect full-year 2023 refining capital expenditures, excluding capital expenditures related to SBR, to be in the $700 - $750 million range."

06:35 EDT AdvanSix still expects 2023 CapEx $110M-$120M - Expect strong underlying agriculture and fertilizer industry fundamentals to continue through the domestic planting season; anticipates improvement in 2Q23 ammonium sulfate domestic sales volume in a lower nitrogen and raw material pricing environment. Expects balanced supply and demand conditions for North American acetone to continue. Expects continued headwinds in consumer durables and building and construction end markets across nylon and other chemical intermediates. Continues to expect Capital Expenditures of $110 million to $120 million in 2023, reflecting increased spend due to critical infrastructure, other maintenance, and growth and cost savings projects. Continue to expect pre-tax income impact of planned plant turnarounds to be $28 million to $33 million in 2023 versus approximately $50 million in 2022. Negotiations with Hopewell South bargaining unit remain ongoing.

06:15 EDT Swvl receives listing deficiency notice from Nasdaq - Swvl received written notice from Nasdaq stating that following the resignations of Messrs. W. Steve Albrecht and Gbenga Oyebode from the company's board of directors and audit committee, the company no longer complies with Nasdaq's audit committee requirements as set forth in Listing Rules stating that the company's audit committee must consist of at least three members, all of whom are independent. Following Messrs. Albrecht and Oyebode's resignations, the company's audit committee consists of only one remaining member. The company has until June 15 in order to regain compliance. The company is currently in discussions with its existing directors to determine which will join the audit committee and the company anticipates regaining compliance within the Cure Period.

06:09 EDT Armada Hoffler acquires Class A mixed-use asset The Interlock in Atlanta - Armada Hoffler entered into a definitive agreement to purchase The Interlock, a Class A mixed-use asset in Atlanta's West Midtown. The $215M off-market purchase will add to the company's Atlanta-area portfolio. The company expects to use $100M of new fixed rate financing, primarily through a $75M unsecured term loan, the conversion of its existing mezzanine loan into equity, and the issuance of units of limited partnership interest in the Company's operating partnership to the sponsor developer. The going-in capitalization rate is 6.5% cash, 8.0% GAAP, and is expected to be immediately accretive. At full stabilization, the GAAP capitalization rate is expected to reach 8.5%. The closing of the acquisition of The Interlock is expected to occur during Q2. The company's ownership includes 311,000 square feet of commercial space and an 835-space garage. The project sits amongst a complementary ecosystem that includes 349 apartment units and 161-key Bellyard hotel, both of which were constructed by Armada Hoffler, in addition to 41 townhomes. The Interlock's commercial space is presently 89% leased with another 6% at lease.

06:07 EDT Coty to explore dual listing on Paris Stock Exchange - Coty announces that its board of directors has authorized the company's management to explore a listing on the Paris Stock Exchange. If the company initiates a listing process, Coty would become a dual listed company on the New York Stock Exchange and on the Paris Stock Exchange, further strengthening Coty's presence in Europe and providing an additional vehicle to reach untapped investors in the market. The structure aligns with Coty's 100+year heritage in France and its substantial business footprint in Europe.

05:44 EDT Pool Corp. announces additional $413.6M under share repurchase plan - Pool Corp. announced that its board of directors has authorized an additional $413.6M under its existing share repurchase program for the purchase of the company's common stock in the open market at prevailing market prices. This amount adds to the $186.4M remaining under its existing authorization as of May 3 bringing its total authorization available to $600M. The share repurchase program will continue until otherwise modified or terminated by the board at any time in its sole discretion. The company also announced that the board has declared a quarterly cash dividend of $1.10 per share, a 10% increase over the previous quarterly dividend amount of $1.00 per share. The dividend is payable on May 31 to stockholders of record on May 17. As of May 3, there were 39,041,377 shares of common stock outstanding.

05:18 EDT Nanobiotix enters final contract negotiations for NBTXR3 - Nanobiotix announced that the company is entering into final contract negotiations after agreement to a non-binding term sheet for development and commercialization of lead nanotherapeutic candidate NBTXR3 with a major global pharmaceutical company, following an extensive negotiation period. The arrangement is subject to, among other matters, negotiation and execution of a definitive agreement and each party's requisite internal corporate approvals with respect to the definitive terms. The company does not intend to make additional statements regarding negotiations unless and until it is appropriate to do so, or a final definitive agreement has been signed.