Stockwinners Market Radar for May 24, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

ADPT

Hot Stocks

20:06 EDT Cathie Wood's ARK Investment bought 100K Adaptive Biotechnologies shares today
TW

Hot Stocks

20:05 EDT Tradeweb Markets to acquire Yieldbroker - Tradeweb Markets "announced that it has entered into a definitive agreement to acquire Yieldbroker, a leading Australian trading platform for Australian and New Zealand government bonds and interest rate derivatives covering the institutional, wholesale, and primary segments. The transaction will leverage both firms' innovative trading solutions and deep industry experience to create more liquid, transparent and efficient fixed income markets. For more than two decades, Yieldbroker's institutional and wholesale marketplace has operated as a premier electronic trading platform for domestic customers in Australian and New Zealand debt securities."
DXPE

Hot Stocks

19:50 EDT DXP Enterprises names David Molero Chief Accounting Officer - DXP Enterprises announced that David Molero has been appointed as DXP's new Chief Accounting Officer, effective May 22, 2023. Mr. Molero will be an integral leader on the accounting and finance team overseeing the Company's accounting, tax, SOX, and SEC reporting functions, and will be reporting directly to Kent Yee, SVP and Chief Financial Officer.
ARGO

Hot Stocks

19:14 EDT Argo Group to partner with Trisura Group - Argo Group announced an agreement, effective immediately, with North American insurer, Trisura Group, Ltd. to support its surety underwriting operations as it works to revamp and grow its surety business. Trisura will provide surety underwriting services and other services to support Argo's surety operations. Argo will retain surety claims management responsibilities. The two companies intend to partner on and are actively negotiating appropriate terms related to shared surety and co-surety arrangements as well as fronting arrangements.
DASH

Hot Stocks

19:10 EDT DoorDash exec sells $818.6K in common stock - In a regulatory filing, DoorDash disclosed that its General Counsel Tia Sherringham sold 12.2K share of common stock on May 22nd in a total transaction size of $818.6K
DASH

Hot Stocks

19:09 EDT DoorDash CFO sells $839.4K in common stock - In a regulatory filing, DoorDash disclosed that its CFO Ravi Inukonda sold 12.6K share of common stock on May 22nd in a total transaction size of $839.4K
PFSI

Hot Stocks

19:00 EDT PennyMac Financial president Jones sells 19,820 common shares - In a regulatory filing, PennyMac Financial Services president Doug Jones disclosed the sale of 19,820 common shares of the company on May 22 at a price of $62.3888 per share.
SNOW

Hot Stocks

18:55 EDT Snowflake CEO: Our guidance should be taken seriously - In an interview on CNBC's Mad Money, Frank Slootman said sentiment in the marketplace is "quite strenuous." The CFO is in the business now and telling companies how much they can spend, he noted. It reflects a "level of anxiety." We've been in an era of "optimization," he added. He expects the macro sentiment to change as it's just the nature of things. He expects Snowflake to re-emerge to a much more "robust pattern," and is "super optimistic" about the path the company is on.
RPRX

Hot Stocks

18:48 EDT Royalty Pharma CEO Legorreta buys 150,000 class A ordinary shares - In a regulatory filing, Royalty Pharma CEO and chairman Pablo Legorreta disclosed the purchase of 150,000 class A ordinary shares of the company on May 24 at a price of $32.2496 per share.
SNOW

Hot Stocks

18:47 EDT Snowflake CEO: Our guidance should be taken seriously - In an interview on CNBC's Mad Money, Frank Slootman said sentiment in marketplace is "quite strenuous." The CFO is in the business now and telling companies how much they can spend, he noted. It reflects a "level of anxiety." We've been in an era of optimization, he added. He expects the macro sentiment to change as it's just the nature of things. He expects Snowflake to re-emerge to a much more "robust pattern," and is "super optimistic" about path the company is on.
IBA

Hot Stocks

18:29 EDT Bachoco to initiate delisting process in Mexico - Industrias Bachoco informs that its Board of Directors, with the abstention in the deliberation and voting, and without the presence of, directors who are members of the Robinson Bours Family, has resolved, considering, mainly, that, to date, approximately 2.5% of the shares representing its outstanding capital stock are held by the investing public, and, therefore: (i) the costs of maintaining such shares registered in the National Securities Registry maintained by the National Banking and Securities Commission, and listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V.), exceed its benefits, and (ii) Bachoco is not in compliance with the requirements to maintain the listing of shares representing its capital stock on the Mexican Stock Exchange, pursuant to rule 4.033.01 and others applicable, of the Internal Regulations of said stock exchange, and it does it have a program aimed at correcting the lack of compliance, in accordance with the aforementioned Regulations, which, in turn, in accordance with the Mexican Securities Market Law, may cause the suspension of the listing of the shares representing the capital stock of Bachoco and/or the cancellation of its registration before the Mexican National Securities Registry; that Bachoco initiates, in the near future, the processes to promote the cancellation of the registration of the shares representing its capital stock in the National Securities Registry and its delisting from the Mexican Stock Exchange, including without limitation, convening an Extraordinary Shareholders Meeting to propose the aforementioned actions, and initiating the processes before the National Banking and Securities Commission, so that the issuer itself. or a third party, may carry out a tender offer acquisition in Mexico, of the shares representing its capital stock that, as of the start date of said offer, are held by public investors, in terms of article 108 of the Mexican Securities Market Law, at a price determined in accordance with said article.
CDNS

Hot Stocks

18:25 EDT Cadence Design CEO: We have a leadership position in package design software - In an interview on CNBC's Mad Money, Anirudh Devgan said Cadence makes software to design chips that are too complex to be designed by hand. It maintains a leadership position in package design software, he noted. He feels "great" that the government is investing in manufacturing and R&D. Most of Cadence's revenue is recurring in nature, and 45% comes from system companies, he added. It invests 35% of revenue in R&D.
FRPT

Hot Stocks

18:09 EDT Freshpet says attempts to reach 'constructive resolution' with Jana rejected - Freshpet issued the following statement in response to JANA Partners LLC's May 24, 2023 press release: "Over the past nine months since JANA publicly disclosed its potential director nominees, the Company has engaged with JANA extensively to understand their perspectives and address their concerns. The Freshpet Board welcomes constructive ideas, from any source, that will drive shareholder value. Unfortunately, JANA has made clear to us that their sole purpose is to force a sale of the Company without consideration of all potential paths to value creation. Despite the difference of perspectives, the Board has attempted to reach a constructive resolution with JANA but its offers were rejected. We remain hopeful to avoid a distracting proxy fight as the management team continues to focus on driving growth and margin expansion as demonstrated in recent quarterly performance. The Board and management remain focused on driving shareholder value and building on the significant momentum in our business. Recent results and guidance demonstrate strong operational momentum and growth. The Freshpet Board and management are making strong progress executing our strategy. We grew revenue by 27% in Q1 2023 while continuing to improve performance in logistics, quality, and other operational areas of our business. Looking ahead, we expect continued strong revenue growth and adjusted gross margin expansion for full year 2023... Freshpet's independent Board has the right skills and expertise to oversee management and drive shareholder value creation. Freshpet recently announced several actions designed to ensure that the Board continues to have the appropriate skills, expertise and independence to effectively oversee management and its execution of the strategy. Walter George, current Chair of the Nominating, Governance and Sustainability Committee, will be appointed the new independent Chair of the Board effective immediately following the Company's 2023 Annual Meeting. Accordingly, Charles Norris, Chair of the Board, will not stand for reelection at the 2023 Annual Meeting as he has reached the mandatory retirement age put in place as part of the Company's long-term governance plan in 2020. Former Conagra Chief Supply Chain Officer David B. Biegger was also appointed to the Board, following a search by a leading third-party executive search firm, and will serve on the Audit Committee. We will continue to regularly evaluate the Board's skillsets and composition to make sure it is well positioned to oversee and guide management as we continue to execute our strategy."
VIVK

Hot Stocks

18:02 EDT Vivakor discloses Nasdaq notice of listing deficiency - Vivakor announced that it has received, on May 18, 2023, a standard notice from the Nasdaq Listing Qualifications staff of The Nasdaq Stock Market LLC indicating that, as a result of not having timely filed its quarterly report on Form 10-Q for the period ended March 31, 2023 and remaining delinquent in filing its annual report on Form 10-K for the fiscal year ended December 31, 2022, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission.
NB

Hot Stocks

18:01 EDT NioCorp to be added to Russell 3000 Index - NioCorp Developments is pleased to announce that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions posted May 19, 2023.
LTRY

Hot Stocks

17:57 EDT Lottery.com discloses Nasdaq notice related to its 10-Q filing - On May 18, 2023, Lottery.com received a notice from The Nasdaq Stock Market indicating that, as a result of not having timely filed its Form 10-Q for the period ended March 31, 2023 with the Securities and Exchange Commission, the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the SEC.
NKE

Hot Stocks

17:41 EDT Nike: CFO Matthew Friend expands role, COO Campion to managing director role - Nike announced senior leadership changes today that will continue to build on its strong momentum and underscore Nike's commitment to product innovation, serving athletes and unrivaled brand storytelling while driving deeper integration across the business. Heidi O'Neill, currently President, Consumer & Marketplace, will become President, Consumer, Product & Brand, NIKE, and Craig Williams, currently President, Jordan Brand, will become President, Geographies & Marketplace, NIKE, Matthew Friend, EVP & Chief Financial Officer, NIKE, will expand his responsibilities to include Procurement, Global Places & Services and Demand and Supply Management. "We're driving even greater focus and integration across our business and teams through these changes, doubling down on what Nike does best: seamlessly serving athletes with compelling product," said John Donahoe, President & CEO, NIKE O'Neill most recently served as Nike's President, Consumer & Marketplace, leading Nike's marketplace and four geographic operating regions. Previous roles included President, Nike Direct, accelerating Nike's retail and digital-commerce business. O'Neill was also responsible for creating and leading Nike Women's business. Sarah Mensah, Vice President/GM, North America, will become President, Jordan Brand. Scott Uzzell, currently CEO, Converse will become Vice President/GM, North America, reporting to Williams. Uzzell's successor will be named shortly. Jordan Brand and Converse will report to John Donahoe. Andy Campion, Chief Operating Officer, will take on a new leadership role as Managing Director, Strategic Business Ventures. In his new role, Campion will work closely with Donahoe to identify and pursue new business opportunities to drive disproportionate growth for the company. As part of his new role, Campion will oversee Nike Virtual Studios and lead teams across Nike's World Headquarters and Los Angeles-based offices. Michael Spillane, President, Consumer Creation will retire from NIKE, Inc. later in 2023 after 16 years with the company. We thank Michael for his extensive contributions to the brand.
NVDA

Hot Stocks

17:36 EDT Nvidia says sequential revenue growth will be driven largely by data center - Says auto industry has been a leading early adopter of Omniverse. Says expects sequential revenue growth to be driven largely by data center. Says Chat GPT moment helped crystalize how to go from technology of large language models to a chatbot. Says all the technology came together. Says supply for second half of the year will be considerably larger tham the first half for data center. Says has competition from every direction. Comments taken from Q1 earnings conference call.
BCLI

Hot Stocks

17:32 EDT BrainStorm COO David Setboun resigns - In a regulatory filing, BrainStorm disclosed that on May 18, David Setboun, PhD, MBA, Executive Vice President and COO, notified the company of his decision to resign from his role effective as of May 31 to pursue another opportunity. Dr. Setboun's decision to resign was not due to any disagreement with the company on any matter, or relating to its operations, policies, or practices.
NKE

Hot Stocks

17:25 EDT Nike CFO Friend to expand duties to procurement, demand/supply management - Nike announced senior leadership changes that will continue to build on its strong momentum and underscore Nike's commitment to product innovation, serving athletes and unrivaled brand storytelling while driving deeper integration across the business. Heidi O'Neill, currently President, Consumer & Marketplace, will become President, Consumer, Product & Brand, NIKE, Inc., and Craig Williams, currently President, Jordan Brand, will become President, Geographies & Marketplace, NIKE, Inc. Matthew Friend, EVP & Chief Financial Officer, NIKE, ., will expand his responsibilities to include Procurement, Global Places & Services and Demand and Supply Management. "We're driving even greater focus and integration across our business and teams through these changes, doubling down on what Nike does best: seamlessly serving athletes with compelling product," said John Donahoe, President & CEO, NIKE, Inc. "Our brand momentum is strong, our innovation pipeline is unmatched, and our strategy is working. What continues to be clear is that there's so much more potential ahead of us." "These shifts will allow us to streamline our focus across product, brand storytelling and marketplace, mining deep consumer insights to deliver breakthrough innovation and engagement, while building long-term growth and profitability," said Donahoe. Aligning against its next chapter of growth, O'Neill will lead Nike's global product engine and fully integrate its brand marketing storytelling to build deep relationships and engagement with the brand. Both Global Brand Marketing and Global Sports Marketing will also report to O'Neill. A 24-year Nike veteran, O'Neill most recently served as Nike's President, Consumer & Marketplace, leading Nike's marketplace and four geographic operating regions. Previous roles included President, Nike Direct, accelerating Nike's retail and digital-commerce business. O'Neill was also responsible for creating and leading Nike Women's bus
JWAC

Hot Stocks

17:25 EDT Jupiter Wellness Acquisition Corp trading halted, news pending
EXLS

Hot Stocks

17:21 EDT ExlService launches generative AI platform - EXL "announced the launch of its generative AI platform, a portfolio of solutions and services focused on helping clients unlock the power of AI to transform their businesses. The platform combines foundational generative AI models with EXL's expertise in data engineering, AI solutions and proprietary data sets. Drawing on EXL's deep expertise in AI-led digital transformation that improves operational workflows, provides new business insights and delivers more personalized customer experiences, the new solution set will help businesses scale enterprise-wide AI initiatives."
RCL

Hot Stocks

17:15 EDT Royal Caribbean director Wilhelmsen sells $47M in shares - Director of Royal Caribbean Cruises Arne Wilhelmsen disclosed in a regulatory filing that he had sold 578,800 shares of company stock at $80.53 per share between May 22 and May 23 for a total transaction amount of $46,610,359.
SONY...

Hot Stocks

17:13 EDT Sony showcases 'Metal Gear,' 'Assassin's Creed,' 'Spider-Man 2' at PS event - At its PlayStation Showcase event, Sony (SONY) made a number of new video game announcements and played trailers for previously announced titles for its PlayStation 5 and PlayStation VR 2 systems. Among the notable trailers were: a reveal of Konami's (KONMY) "Metal Gear Solid: Snake Eater," as well as the "Metal Gear Solid Master Collection"; a new trailer for Square Enix's (SQNXF) "Final Fantasy XVI," out June 22, 2023; a trailer for Ubisoft's (UBSFY) "Assassin's Creed Mirage," with a newly announced release date of October 12, 2023; a first look at a virtual reality mode for Capcom's (CCOEY) "Resident Evil 4" remake; a reveal for a reboot of "Marathon," made by Sony-owned Bungie, and; a new trailer for "Spider-Man 2," out exclusively for PS5 Fall 2023. In addition, Sony unveiled Project Q, a new PlayStation 5 controller fitted with an 8-inch screen.
FGMC

Hot Stocks

17:12 EDT FG Merger Corp. intends to extend deadline for initial business combination - FG Merger Corp. notified the trustee of the company's trust account of its intention to extend the time available to the company to consummate its initial business combination from June 1 to September 1, in accordance with the terms of FGMC's governing documents. In connection with the Extension, FG Merger Investors, the company's sponsor, its affiliates or designees, must deposit an aggregate of $805K into the company's trust account prior to June 1, on behalf of the company. FGMC will issue a press release the day after the applicable deadline announcing that the funds have been timely deposited. The extension provides FGMC with additional time to complete its proposed business combination with iCoreConnect.
ARQT

Hot Stocks

17:02 EDT Arcutis Biotherapeutics' Chief Commercial Officer Ken Lock stepping down - Arcutis Biotherapeutics announced that Ken Lock, who has served as Senior VP and Chief Commercial Officer - CCO - since October 2019, is stepping down to attend to personal matters effective June 2. During this transition period, Arcutis' VP of Market Access, Ayisha Jeter, has been appointed interim CCO. Jeter has led Arcutis' access and reimbursement strategy since joining the company in June 2020. She brings more than 20 years of biopharmaceutical and pharmaceutical industry experience across sales, sales leadership, and market access, including multiple product launches across a variety of therapeutic areas. Arcutis has commenced a search for a permanent CCO.
QRTEA

Hot Stocks

17:01 EDT Qurate Retail to sell Zulily to Regent - Qurate Retail "announced that Regent, a Los Angeles-based investment firm with proven expertise in the retail and apparel sectors, has acquired Zulily, the online retailer delivering a fun shopping experience helping moms discover exclusive daily deals, brand names and on-trend styles, and everyday value on clothing, footwear, homeware essentials and more. Zulily was a wholly owned subsidiary of Qurate Retail, the largest player in video commerce through its QVC and HSN businesses and the owner of Cornerstone Brands. The divestiture aligns with Qurate Retail's Project Athens transformation strategy articulated in June 2022 to optimize its brand portfolio. In connection with the transaction, Zulily will no longer be a co-borrower in QVC, Inc.'s bank credit facility and Qurate Retail repaid Zulily's outstanding borrowing, which was approximately $80 million as of closing. QVC, Inc.'s leverage as defined in its credit agreement as of March 31, 2023, assuming the Zulily divestiture had occurred prior to such date, would have been reduced to 2.3x. Based on the terms of the sale agreement, there is potential for Qurate Retail to receive an earnout in future years. "
NWTN

Hot Stocks

17:01 EDT NWTN Inc. receives noncompliance letter from Nasdaq - NWTN Inc. announced that it received an expected letter from the Listing Qualifications Department of The Nasdaq Stock Market stating that the company is not in compliance with Nasdaq Listing Rule 5250 because it has not yet filed its Annual Report on Form 20-F for the period ended December 31, 2022 with the Securities and Exchange Commission. The Nasdaq notification letter has no immediate effect on the listing or trading of the company's securities on the Nasdaq Stock Market.
AEO

Hot Stocks

16:48 EDT American Eagle falls 15% to $10.22 after Q2, FY revenue guidance disappoints
LIFW

Hot Stocks

16:46 EDT MSP Recovery receives Nasdaq notification of non-compliance - MSP Recovery, doing business as LifeWallet, received a notification letter on May 18, 2023 from the Listing Qualifications Department of the Nasdaq Stock Market LLC stating the Company was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Form 10-Q for the period ended March 31, 2023 with the Securities and Exchange Commission. As described in the Form 8-K filed by the Company on April 18, 2023, the Company is also delinquent in filing its Form 10-K for the year ended December 31, 2022. Under the Nasdaq rules, the Company has 60 calendar days, or until June 20, 2023, to file the Form 10-K and Form 10-Q or to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. This notification has no immediate effect on the listing of the Company's common stock on Nasdaq. However, if the Company fails to timely regain compliance with Nasdaq Listing Rule 5250(c)(1), the Company's common stock will be subject to delisting from Nasdaq. The Company is working diligently and expects to satisfy the requirements under Nasdaq's rules within the 60-day period.
EVGO

Hot Stocks

16:46 EDT EVgo director buys $25M in common stock - In a regulatory filing, EVgo disclosed that its director David Nanus bought 5.88M shares of common stock on May 22nd in a total transaction size of $25.0M.
KBNT

Hot Stocks

16:40 EDT Kubient trading resumes
EFC

Hot Stocks

16:38 EDT Ellington Financial reports estimated book value per share $14.89 on April 30 - This estimate includes the effect of the previously announced monthly dividend of 15c per share of common stock, payable on May 25 to holders of record on April 28, with an ex-dividend date of April 27.
SNOW

Hot Stocks

16:38 EDT Snowflake down 12% after Q1 results and guidance - Shares of Snowflake are down about 12% or $20.44 afterhours at $156.70 after its Q1 results and updated FY24 guidance. The company now sees FY24 product revenue at $2.6B with operating margin of 5%. Snowflake previously guided FY24 product revenue at $2.705B with operating margin of 6%.
MRTX

Hot Stocks

16:37 EDT Mirati Therapeutics falls 10% after SAPPHIRE study did not meet primary endpoint - In after-hours trading, shares are down 10% to $39.51.
BIGC

Hot Stocks

16:37 EDT BigCommerce appoints Daniel Lentz as CFO, Cassidy as General Counsel - BigCommerce announced the appointment of Daniel Lentz as the company's Chief Financial Officer, effective July 1. Lentz, who has been the company's Senior Vice President of Finance and Investor Relations, replaces longtime Chief Financial Officer Robert Alvarez, who is retiring. The company also announced the appointment of Chuck Cassidy as its General Counsel, effective June 2. Cassidy, who has been BigCommerce's Vice President and Associate General Counsel, replaces Chief Legal Officer Jeff Mengoli, who is retiring. BigCommerce also announced the addition of Hubert Ban as the company's Chief Accounting Officer, replacing Vice President of Accounting and Principal Accounting Officer Thomas Aylor, who left BigCommerce May 19. Ban will join BigCommerce on June 8. Alvarez will serve as BigCommerce's principal accounting officer until then.
ESOA

Hot Stocks

16:33 EDT Energy Services of America receives Nasdaq listing non-compliance notification - Energy Services of America received a delinquency notification letter from Nasdaq indicating that the company is not in compliance with the continued listing requirements under Nasdaq Listing Rules because the company did not timely file its Quarterly Report on Form 10-Q for the period ended March 31. The notification letter has no immediate effect on the listing or trading of the company's common stock on Nasdaq. The company filed a Notification of Late Filing on May 15 indicating that the filing of the Form 10-Q would be delayed due to the need to restate the company's previously issued audited consolidated financial statements for the fiscal years ended September 30, 2022 and 2021 and certain related interim periods. The company must submit a plan of compliance no later than July 17 addressing how it intends to regain compliance with Nasdaq's listing rules and, if Nasdaq accepts the Plan, it may grant an extension of up to 180 calendar days from the Form 10-Q original filing due date, or until November 13, to regain compliance. The company's management is working diligently to complete the Form 10-Q and intends to file the Form 10-Q as soon as practicable.
ELF

Hot Stocks

16:33 EDT e.l.f. Beauty jumps 9% after Q4 earnings beat, above-consensus FY24 guidance
RKLB

Hot Stocks

16:32 EDT Rocket Lab preparing for second TROPICS launch from Mahia Peninsula, NZ - Rocket Lab is preparing for the second of two dedicated Electron launches to deploy a constellation of storm monitoring satellites for NASA. This mission, named Coming To A Storm Near You, is scheduled for lift-off no earlier than 16:00 NZST on May 25th from Launch Complex 1 on New Zealand's Mahia Peninsula.
WE

Hot Stocks

16:30 EDT WeWork names Kurt Wehner CFO - In a regulatory filing, WeWork said its board of directors named chief accounting officer Kurt Whener as CFO and Treasurer, effective June 1. The move follows Andre Fernandez' decision last week to resign as CFO and Treasurer. The resignation is not the result of any disagreement with the Company with respect to any matter relating to financial controls, financial statements or any other operations, policies or practices of the Company.
MRTX

Hot Stocks

16:30 EDT Mirati Therapeutics trading resumes
DM SSYS

Hot Stocks

16:22 EDT Desktop Metal jumps after report of tie-up talks with Stratasys - Shares of Desktop Metal (DM) have jumped 45c, or 26%, to $2.20 in after-hours after Bloomberg's Katie Roof and Liana Baker reported that the company and Stratasys (SSYS) are in talks regarding an all-stock deal that would value the combined 3D printer company at about $1.8B. Stratasys shareholders would own a majority of the combined company and a deal, if one is reached, could be announced as early as this week, sources told Bloomberg. Reference Link
TCRX

Hot Stocks

16:22 EDT TScan Therapeutics names Gavin MacBeath permanent CEO - TScan Therapeutics announced that its board of directors has appointed Gavin MacBeath as CEO of TScan and as a Class I Director of its board, each effective as of May 24. MacBeath, has been serving as acting CEO since March 2023. MacBeath will no longer serve as chief scientific and operating officer of the company, effective May 24.
FCPT DRI

Hot Stocks

16:21 EDT FCPT to acquire up to 14 Darden properties for $85M - Four Corners Property Trust (FCPT) announced the signing of a definitive agreement to acquire up to 14 Darden (DRI) restaurant properties for a purchase price of up to $85.0 million on initial cash rent of up to approximately $5.35 million. The transaction is expected to close in the third quarter of 2023, subject to due diligence and customary closing conditions. The properties are located in strong retail corridors with high traffic counts and attractive demographics. The geography is spread across Tennessee (7), Indiana (3), Kentucky (3), and Ohio (1). Each property is subject to an individual triple net lease with a Darden corporate guaranty and annual rent increases of 1.5%. The portfolio has a weighted average term of 13 years remaining. Bill Lenehan, CEO of FCPT, stated: "This transaction represents an opportunity for FCPT to build out our portfolio at scale with the acquisition of very high-quality real estate subject to strong long-term triple net leases. Darden is an investment grade tenant with whom we are very familiar, and Cheddar's as a brand will add to our ongoing retail brand diversification efforts. This portfolio reflects our commitment to sourcing opportunities that match our high-quality underwriting thresholds."
ENS

Hot Stocks

16:20 EDT EnerSys sees FY24 capital expenditures $120M
EQH

Hot Stocks

16:19 EDT Equitable Holdings raises quarterly dividend 10% to 22c per share - The dividend on the common stock will be payable June 12, 2023, to shareholders of record at the close of business on June 5, 2023.
TREX

Hot Stocks

16:19 EDT Trex Company CFO Dennis Schemm to step down - Trex "announced that Dennis Schemm has resigned as Senior Vice President and Chief Financial Office rto accept a position in a southern region state closer to family."
GES

Hot Stocks

16:17 EDT Guess raises quarterly dividend to 30c per share from 22.5c - The Company's Board of Directors approved an increase to the quarterly cash dividend, from $0.225 to $0.30 per share on the Company's common stock. The dividend will be payable on June 23, 2023 to shareholders of record as of the close of business on June 7, 2023.
STAF

Hot Stocks

16:17 EDT Staffing 360 Solutions gets Nasdaq letter on listing requirements compliance - Staffing 360 Solutions reported that it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c) as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended April 1 with the Securities and Exchange Commission.
UVV

Hot Stocks

16:16 EDT Universal Corporation raises quarterly dividend to 80c per share - Payable August 7 to common shareholders of record at the close of business on July 10.
BSBK

Hot Stocks

16:15 EDT Bogota Financial adopts, receives regulatory approval of fourth buyback - Bogota Financial announced that it has received regulatory approval for the repurchase of up to 249,920 shares of its common stock, which is approximately 5% of its outstanding common stock, as previously approved by the board of directors of the company. This is the company's fourth stock repurchase program. Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.
KBNT

Hot Stocks

16:14 EDT Kubient, Adomni announce merger agreement - Kubient and Adomni announced they have entered into a definitive merger agreement, pursuant to which Adomni will merge with and into a wholly-owned subsidiary of Kubient. The combined company will focus ondeveloping Adomni's pre-existing programmatic advertising service and platform that delivers advertising campaigns via 725,000+ connected digital out of home screens across the world. Following the closing of the merger, the combined company is expected to operate under the name "Adomni, Inc." Under the terms of the merger agreement, pending approval of the transaction by Kubient's stockholders and Adomni's stockholders and subject to customary closing conditions, Kubient will acquire 100% of the outstanding equity interests in Adomni, by means of a reverse triangular merger of a wholly-owned subsidiary of Kubient with and into Adomni, with Adomni surviving as a wholly-owned subsidiary of Kubient. In connection with the closing of the Merger, Kubient is expected to change its name to "Adomni, Inc." Immediately following the closing of the merger, the equity holders of Adomni are expected to own approximately 74% of the outstanding common stock of the combined company, and the equity holders of Kubient are expected to own approximately 26% of the outstanding common stock of the combined company. The merger agreement also provides that the equity holders of Adomni may receive additional shares of Kubient equal to 1%, 2% or 5% of the outstanding shares of Kubient on a fully diluted basis following the filing of Kubient's annual report on Form 10-K for the 2023 fiscal year upon the achievement certain audited net revenue thresholds of Kubient for the 2023 fiscal year. The Merger has been unanimously approved by the board of directors of each company and is expected to close in the second half of 2023.
ZUO

Hot Stocks

16:10 EDT Zuora reports Q1 ARR up 15% from last year - The company states: "Customers with ACV equal to or greater than $100,000 were 782, up from 746 as of April 30, 2022. Given that 96% of our customers have ACV over $100,000, we will no longer report on this metric and will instead report on customers with ACV equal to or greater than $250,000, which we believe to be a more meaningful measure of our execution and continued focus on enterprise customers. Customers with ACV equal to or greater than $250,000 were 436, up from 386 as of April 30, 20221. Dollar-based retention rate was 108%, compared to 110% as of April 30, 2022. ARR was $373.9 million compared to $326.3 million as of April 30, 2022, representing ARR growth of 15%."
NXPI

Hot Stocks

16:09 EDT NXP Semiconductors chairman Peter Bonfield to retire, Julie Southern to succeed - NXP Semiconductors reported that Sir Peter Bonfield, the founding chairman of NXP, has retired from his service on the NXP board as of the conclusion of the company's 2023 annual general meeting, or AGM, of shareholders. The board of directors of NXP has appointed Julie Southern to serve as its chair, effective immediately. At the AGM, shareholders overwhelmingly elected all nominated directors to the company's board of directors, including Moshe Gavrielov, who joins the noard as a non-executive director.
SNOW

Hot Stocks

16:08 EDT Snowflake sees FY24 product revenue at $2.6B, up 34% from last year
SNOW

Hot Stocks

16:08 EDT Snowflake sees Q2 product revenue $620M-$625M
KBNT

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16:05 EDT Kubient trading halted, news pending
WSBF

Hot Stocks

16:03 EDT Waterstone Financial announces 2M share common stock repurchase program - Waterstone Financial announced that on May 24 its Board of Directors authorized a share repurchase program pursuant to which the Company intends to repurchase up to 2,000,000 of its issued and outstanding shares, representing approximately 9.3% of its issued and outstanding shares of common stock. The repurchase program will commence on or about May 26. This share repurchase program follows the Board of Directors termination of the previous repurchase program during which the Company repurchased a total of 3,500,000 shares of its common stock at a weighted average price of $17.25 per share.
ANNX

Hot Stocks

16:03 EDT Annexon announces ARCHER trial endpoint did not reach statistical significance - Annexon announced topline results from its ARCHER Phase 2 trial of ANX007 in patients with geographic atrophy, or GA. Results from the 12-month treatment period of ARCHER showed that patients treated monthly and every-other-month with ANX007 were protected against vision loss as measured by changes from baseline in the widely accepted functional endpoint of best corrected visual acuity, or BCVA. Patients in the monthly treatment group showed a 72% reduction in risk of 15-letter loss and patients in the every-other-month treatment group showed a 48% reduction in risk of 15-letter loss. Patients in the pooled treatment group showed a 59% reduction in risk of greater than15-letter loss. These data represent the first demonstration of a complement-based therapy to protect against vision loss in a prospective 12-month clinical trial and support the differentiated mechanism of action of ANX007, which is designed to target and preserve photoreceptor cells, synapses and function. The primary endpoint of mean rate of change in GA lesion area compared to sham at 12 months did not reach statistical significance. A 6.2% reduction in lesion growth was observed in monthly treatment group (p=0.526), a 1.3% reduction was observed in the every-other-month treatment group and a 3.7% reduction was observed in the pooled patient population. ANX007 was generally well tolerated as both a monthly and every-other-month treatment.
MRTX

Hot Stocks

16:02 EDT Mirati Therapeutics says SAPPHIRE study did not meet primary endpoint - Mirati Therapeutics announced that the SAPPHIRE study did not meet its primary endpoint of overall survival at the final analysis. SAPPHIRE is a Phase 3 study evaluating sitravatinib in combination with nivolumab versus docetaxel in patients with second or third line advanced non-squamous non-small cell lung cancer who progressed on prior therapy with chemotherapy and immune checkpoint inhibitor therapy. The company plans to disclose the study data at a future date.
MRTX

Hot Stocks

16:00 EDT Mirati Therapeutics trading halted, news pending
FTNT MSFT

Hot Stocks

15:47 EDT Microsoft says 'Volt Typhoon' targeting U.S. infrastructure via Fortinet devices - Microsoft (MSFT) Threat Intelligence stated in a blog post earlier today: "Microsoft has uncovered stealthy and targeted malicious activity focused on post-compromise credential access and network system discovery aimed at critical infrastructure organizations in the United States. The attack is carried out by Volt Typhoon, a state-sponsored actor based in China that typically focuses on espionage and information gathering. Microsoft assesses with moderate confidence that this Volt Typhoon campaign is pursuing development of capabilities that could disrupt critical communications infrastructure between the United States and Asia region during future crises. Volt Typhoon has been active since mid-2021 and has targeted critical infrastructure organizations in Guam and elsewhere in the United States... Volt Typhoon achieves initial access to targeted organizations through internet-facing Fortinet FortiGuard devices. Microsoft continues to investigate Volt Typhoon's methods for gaining access to these devices. The threat actor attempts to leverage any privileges afforded by the Fortinet device, extracts credentials to an Active Directory account used by the device, and then attempts to authenticate to other devices on the network with those credentials." Reference Link
SBGI

Hot Stocks

15:31 EDT Sinclair Broadcast shareholders approve company reorganization - Sinclair Broadcast Group announced that, at a special meeting, its stockholders approved the previously announced reorganization, in the form of a share exchange, in which a new holding company, Sinclair, Inc., will become the publicly-traded parent of the company and its subsidiaries. The Reorganization is expected to close in the second quarter of 2023. In the Reorganization, each outstanding share of the company's Class A common stock and Class B common stock will be exchanged automatically on a one-for-one basis for a share of Class A common stock and Class B common stock, respectively, of New Sinclair. New Sinclair's Class A common stock will continue to trade on the Nasdaq Global Select stock market under the ticker symbol "SBGI" just as the company's Class A common stock does today. The rights and benefits of the holders of shares of New Sinclair's common stock, including voting rights, will be the same as the rights and benefits of the holders of shares of the company's common stock in all material respects. The Reorganization is not expected to result in a change in the directors, executive officers, management or business of the public company, or to impact the timing of the declaration and payment of our regular quarterly dividends. The Reorganization is not expected to result in gain or loss to the company's stockholders for U.S. federal income tax purposes.
MEOA

Hot Stocks

15:23 EDT Nasdaq halts Minority Equality Opportunities Acquisition for information request - The Nasdaq Stock Market announced that trading was halted on May 24 in Minority Equality Opportunities Acquisition (MEOA, MEOAU and MEOAW) at 12:51:54. Eastern Time for "additional information requested" from the company at a last sale price of $26.54 for "MEOA," $31.34 for "MEOAU," and $0.0802 for "MEOAW." Trading will remain halted until Minority Equality Opportunities Acquisition Inc. has fully satisfied Nasdaq's request for additional information, the exchange stated.
HLT...

Hot Stocks

15:18 EDT Texas Attorney General files lawsuit against Hilton for misleading consumers - Attorney General Paxton filed a lawsuit against Hilton (HLT) for misleading consumers about the true costs of hotel rooms in violation of Texas consumer protection laws. The lawsuit, filed against the company comes after Paxton recently filed a lawsuit against Hyatt (H) and settled claims against Marriott (MAR) for similar behavior. "Heightened inflation and worsening economic conditions have made it an even more pressing priority to protect Americans from predatory, illegal corporate practices," said Attorney General Paxton. "Many major hotel chains, including Hilton, have been deceiving their customers for far too long. I warned these companies they would face consequences for this behavior, and Texas has delivered aggressive action to protect consumers, promote price transparency in the hotel and travel industries, and ensure that companies violating our laws are held responsible for misleading the public." Reference Link
TEVA

Hot Stocks

15:10 EDT Teva gets tentative approval of ANDA for tofacitnib - Teva received a tentative approval of its abbreviated new drug application, or ANDA, for tofacitnib, according to a post to the FDA website. Reference Link
BMWYY

Hot Stocks

14:45 EDT BWM presents new electric i5 BMW - BMW has unveiled its new BMW i5 during a digital world premiere on Wednesday. "More dynamic than ever, featuring a wealth of digital innovations and, for the first time, all-electric drive - this is how the new BMW 5 Series Sedan steps up to the plate. As the BMW i5, the new edition of the world's most successful business sedan takes the lead on the road to sustainable premium mobility in the upper mid-range vehicle segment," the company said. At launch, BMW will offer two all-electric options for the i5: the single-motor rear-wheel drive i5 eDrive40 or the high-performance M60 xDrive model. "The space-saving high-voltage battery is located in the underbody and provides a usable energy content of 81.2 kWh. In addition to the efficient electric motors, the latest version of adaptive recuperation and an intelligent combination of heat pump technology for heating and cooling the interior, drive and high-voltage battery contribute to the long range. The respective WLTP values are 282 - 320 miles for the BMW i5 M60 xDrive and 309 - 361 miles for the BMW i5 eDrive40. With the new MAX RANGE function, the range can be increased by up to 25 percent if required by limiting power and speed and deactivating comfort functions," BMW adds.Reference Link
FLO

Hot Stocks

13:46 EDT Flowers Foods recalls Tastykake products over undeclared peanuts - Flower Foods is voluntarily recalling certain Tastykake Chocolate Kandy Kakes due to undeclared peanuts. People who have an allergy or severe sensitivity to peanuts run the risk of serious or life-threatening allergic reaction if they consume this product. The product being recalled was distributed on May 11, 2023 to retail customers in Pennsylvania, Delaware, Maryland, New Jersey, Virginia, and West Virginia. The packages have an "Enjoy By" date of June 5, 2023 on the side of the package, and UPC 0 25600 00225 4. The recall was initiated after the firm discovered that certain packages of Tastykake Chocolate Kandy Kakes contained Tastykake Peanut Butter Kandy Kakes. The ingredient statement for the Chocolate Kandy Kakes does not declare that peanuts are in the product. No related illnesses or incidents have been reported to date.
AVID

Hot Stocks

13:28 EDT Avid Technology jumps 13% to $23.20 after Reuters says company exploring sale
ABCL

Hot Stocks

13:12 EDT AbCellera announces C$701M co-investment with Governments of Canada and BC - AbCellera announced a C$701M co-investment with the Governments of Canada and British Columbia to build new capabilities and infrastructure to "develop innovative antibody-based medicines and strengthen Canada's leadership in clinical research, manufacturing, and drug development." The company said: "Over the next eight years, AbCellera plans to invest C$401M in the project, and the Governments of Canada and British Columbia will contribute C$225M and C$75M, respectively. These investments will build new capabilities in Canada to develop, manufacture, and deliver antibody medicines to patients through Phase 1 clinical trials and build expertise in translational science, technical operations, and clinical operations and research."
CNI...

Hot Stocks

13:11 EDT North American rail traffic down 4.8% for the week ending May 20 - The Association of American Railroads AAR reported U.S. rail traffic for the week ending May 20. For this week, total U.S. weekly rail traffic was 470,694 carloads and intermodal units, down 5.2% compared with the same week last year. Total carloads for the week ending May 20 were 225,093 carloads, down 0.4% compared with the same week in 2022, while U.S. weekly intermodal volume was 245,601 containers and trailers, down 9.3% compared to 2022. North American rail volume for the week ending May 20, on 12 reporting U.S., Canadian and Mexican railroads totaled 330,235 carloads, up 0.3% compared with the same week last year, and 331,392 intermodal units, down 9.3% compared with last year. Total combined weekly rail traffic in North America was 661,627 carloads and intermodal units, down 4.8%. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific Kansas City (CP), Kansas City Southern (KSU), Norfolk Southern (NSC) ,Union Pacific (UNP), Wabtec (WAB), FreightCar America (RAIL), Trinity Industries (TRN) and Greenbrier (GBX). Reference Link
JWAC

Hot Stocks

13:10 EDT Jupiter Wellness Acquisition Corp trading resumes
JWAC

Hot Stocks

13:05 EDT Jupiter Wellness Acquisition Corp trading halted, volatility trading pause
DCI

Hot Stocks

12:43 EDT Donaldson raises quarterly dividend 8.7% to 25c per share - Donaldson Company announced that its Board of Directors declared a regular cash dividend of 25c per share, an increase of 8.7% from the prior quarterly dividend of 23c per share. The dividend is payable June 23, 2023, to shareholders of record on June 7, 2023. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2022 marked the 27th consecutive year of annual dividend increases. The company has paid a cash dividend every quarter for 67 years.
TOWN

Hot Stocks

12:31 EDT TowneBank boosts quarterly dividend to 25c from 23c per share - TowneBank declared its Q2 cash dividend of 25c per common share, payable on July 14, to shareholders of record on June 30. The quarterly common stock cash dividend is an 8.7% increase from the previous dividend rate.
UBSFY

Hot Stocks

12:22 EDT Ubisoft says 'Prince of Persia: The Sands of Time' remake in conception phase - Last year, Ubisoft announced that the Prince of Persia: The Sands of Time Remake project was moving to Ubisoft Montreal, where the studio that created the 2003 original would take over development. While the project is still heavily under wraps and won't be at Ubisoft Forward in June, it's very much alive - and Ubisoft News had a chance to speak with Producer Jean-Francois Naud and Game Director Michael McIntyre about its status, what it means to Ubisoft Montreal, and what made The Sands of Time such a unique experience. "In terms of the development stage, we're in conception right now," Naud said. "Since we took over the project, we've been looking at feedback from the community and finding our own way of delivering the game. Now, we're building up the team, defining the priorities, putting prototypes together, testing elements, and looking at how we can include community feedback in the development as well. It's still in an early stage, and players should not expect to hear more about the game this year, but rest assured that we're all putting our strengths and heart into this project." Reference Link
NIO

Hot Stocks

12:02 EDT Nio falls -10.7% - Nio is down -10.7%, or -94c to $7.81.
GETY

Hot Stocks

12:02 EDT Getty Images falls -11.0% - Getty Images is down -11.0%, or -68c to $5.45.
GNL

Hot Stocks

12:02 EDT Global Net Lease falls -11.3% - Global Net Lease is down -11.3%, or -$1.20 to $9.37.
SOXS

Hot Stocks

12:02 EDT Direxion Daily Semiconductor Bear 3X Shares rises 7.8% - Direxion Daily Semiconductor Bear 3X Shares is up 7.8%, or $1.31 to $18.00.
QSG

Hot Stocks

12:01 EDT QuantaSing Group Ltd- ADR trading resumes
ANF

Hot Stocks

12:00 EDT Abercrombie & Fitch rises 26.0% - Abercrombie & Fitch is up 26.0%, or $5.98 to $28.99.
AMNA

Hot Stocks

12:00 EDT Alerian Midstream Energy Index rises 1250.5% - Alerian Midstream Energy Index is up 1250.5%, or $448.53 to $484.40.
QSG

Hot Stocks

11:56 EDT QuantaSing Group Ltd- ADR trading halted, volatility trading pause
CP

Hot Stocks

11:52 EDT Canadian Pacific Kansas City 'has really hit the ground running,' says Pershing
HHC

Hot Stocks

11:46 EDT Howard Hughes 'proving resiliency' through various market cycles, says Pershing
PRTH

Hot Stocks

11:37 EDT Priority Technology enters stalking horse agreement with Plastiq - Priority Technology Holdings has entered into a definitive agreement as the stalking horse bidder to acquire substantially all of the assets of Plastiq, Inc and certain of its affiliates in its Chapter 11 Restructuring. The Purchase Agreement is subject to Bankruptcy Court approval. Plastiq is a B2B payments platform that offers bill pay and instant access to working capital to small and midsize businesses.
FRPT

Hot Stocks

11:33 EDT Jana to nominate four to Freshpet board, citing 'pattern of missteps' - Jana Partners announced that it will be nominating four andidates to Freshpet's board of directors. The nominees are Diane Dietz, former Chief Executive Officer of Rodan & Fields, Timothy McLevish, former Chief Financial Officer of Kraft Foods, Scott Ostfeld, Managing Partner and Portfolio Manager of Jana, and Kurt Schmidt, former Chief Executive Officer of Blue Buffalo. In a letter to Freshpet shareholders, Jana said in part, "Jane, along with our affiliates and partners, owns 9.3% of Freshpet, making us the Company's largest shareholder. Freshpet has consistently struggled to execute and failed to achieve its potential, leading to a 74% decline in its stock price in the year prior to our involvement in the Company. We believe Freshpet's pattern of missteps stems directly from a Board that has disregarded its most basic duties to shareholders. While recent management changes are a step in the right direction, we have observed a Board that has, over multiple years, failed to properly supervise management as performance worsened, liquidity deteriorated and shareholder value plummeted. Worse still, these problems unfolded while more than half of Freshpet's independent directors pursued outside interests with corporate resources and key members of management."
QSR

Hot Stocks

11:33 EDT Restaurant Brands making 'great progress' in growing brands, says Pershing
LOW

Hot Stocks

11:30 EDT Lowe's FY EPS likely to be 'roughly flattish,' says Pershing Square - The near-term outlook for the industry is "fairly uncertain," though the long-term backdrop for industry is "favorable," says Pershing Square.
CMG

Hot Stocks

11:25 EDT Chipotle an 'extremely compelling long-term investment,' says Pershing Square
FETM

Hot Stocks

11:24 EDT Fentura Financial enters into settlement agreement with Paul Drueke - Fentura Financial has entered into a settlement agreement with shareholder Paul Drueke in connection with the Company's 2023 annual meeting of stockholders. Pursuant to the parties' agreement, nominee Robert Herdoiza will continue to stand for election and Fentura's Board will, regardless of the outcome of the shareholder voting at the annual meeting, act in accordance with its Proposal 3: Shareholder Request to the Board to Evaluate Extraordinary Corporate Transactions. Any votes for the proxy submitted by Paul Drueke, shall be counted toward a quorum. Votes as to the election of Director Nominee Herdoiza, whether on the proxy submitted by Drueke or the proxy submitted by Fentura will be counted. The parties have agreed to remove Director Nominees Messink and Schnelker from the annual meeting agenda. The parties have also agreed to remove Drueke's shareholder proposal from the annual meeting agenda. As a result, any votes for Drueke's proxy for Director Nominees Messink and Schnelker will not be counted. Similarly, any votes for Drueke's shareholder proposal will not be counted. Any shareholders who voted on Mr. Drueke's proxy (the Green Card) may, at their option, re-submit their vote for the Board's proxy (the White Card) in advance of the annual meeting on May 26, 2023.
CMG

Hot Stocks

11:20 EDT 'Much more to come' on Chipotle's operations front, says Pershing
CMG

Hot Stocks

11:18 EDT Chipotle has had 'fairly spectacular start' to year, says Pershing Square
MCHP ADI

Hot Stocks

11:12 EDT Microchip reiterates prior guidance on backlog confidence - Regarding the company's September quarter, Microchip said "it is very unlikely that it will be down. We haven't got it flat; we haven't got it up. The confidence to make that statement is really driven by the backlog that we have in place and the manufacturing capacity we have in place to be able to drive that. We're in a good position and the thoughts regarding September quarter have not changed." Microchip said at the JPMorgan 51st Annual Global Technology, Media & Communications Conference. The Fly notes that chip maker Analog (ADI) was under pressure on Wednesday after guiding to third quarter EPS view that missed analyst expectations. Shares of Microchip have dropped almost 6% in Wednesday morning trading.
GOOG GOOGL

Hot Stocks

11:09 EDT Pershing Square: In very early days of AI development - Says Google one of the most "advantaged scale players in AI."
GOOG GOOGL

Hot Stocks

11:05 EDT Pershing Square sees 'significant' margin opportunity at Google
GOOG GOOGL

Hot Stocks

11:04 EDT Pershing Square likes Google, a 'dominant leader' in search - Says had opportunity to invest earlier this year at attractive valuation. Sees digital ads to continue taking share from traditional ads. Comments taken from Pershing Square's Q1 investor call.
UNP

Hot Stocks

11:02 EDT Union Pacific, BLET reach tentative agreement to improve work schedules - The Brotherhood of Locomotive Engineers and Trainmen and Union Pacific Railroad announced a tentative agreement that enhances the quality of life for Union Pacific's locomotive engineers and their families by making it possible for them to have more predictable schedules. It also will enable the railroad to better manage staffing levels, which supports more consistent and reliable service. The tentative agreement provides locomotive engineers with an 11 days on, 4 days off schedule. Union Pacific expects to make meaningful progress implementing the new work/rest schedules within a year of ratification.
HII GD

Hot Stocks

11:02 EDT HII reports $305.2M contract modification from General Dynamics Electric Boat - HII (HII) announced that its Newport News Shipbuilding division has received a $305.2M contract modification from General Dynamics Electric Boat (GD) to procure long-lead-time material for two additional Block V Virginia-class submarines. The contract modification brings the overall contract value to $10.2B. "These funds are critically important to stabilizing and providing predictability to the thousands of suppliers across the country who support the Virginia-class program. The submarine industrial base is crucial to our shipbuilding success and we look forward to continuing to build these vital national security assets that will deliver to the U.S. Navy with the latest technology," said Jason Ward, NNS vice president of Virginia-class submarine construction.
ENVB

Hot Stocks

10:54 EDT Enveric Biosciences eliminates positions of President, Chief Operating Officer - In a regulatory filing earlier, Enveric Biosciences disclosed that on May 15, the company announced budget cuts that led to an approximately 35% reduction in force, or "RIF. "Following the RIF, on May 18, 2023, the company eliminated the positions of President and Chief Operating Officer. Accordingly, pursuant to the employment agreement between the company and Avani Kanubaddi dated December 2, 2020, the company terminated the employment contract of Mr. Kanubaddi without cause, the President and Chief Operating Officer of the Company, to be effective June 17," the filing stated.
ENVB

Hot Stocks

10:48 EDT Enveric Biosciences reports Notice of Allowance from USPTO for EVM201 patent - Enveric Biosciences announced earlier that it has received a Notice of Allowance from the United States Patent and Trademark Office, or USPTO, for a patent application involving its EVM201 Series. "This is the second Notice of Allowance from the USPTO for intellectual property governing the EVM201 Series. Notices of Allowance are issued by the USPTO after it has made a determination that a patent should be granted from an application," the company stated. "This latest Notice of Allowance related to our EVM201 Series highlights the unique psilocin prodrug designs being developed by our R&D team, which are differentiated from other psilocybin-assisted therapies in both design and expected function. Securing intellectual property to protect our technological advances is a critical component to our growth strategy, and we anticipate multiple additional claims in the coming months for both our EVM201 and EVM301 Series," said Joseph Tucker, Ph.D., Director and CEO of Enveric. In morning trading, shares of micro-cap Enveric are up $2.97, or 94%, to $6.12.
MEOA DTGI

Hot Stocks

10:22 EDT Minority Equality Opportunities postpones special meeting of shareholders - Minority Equality Opportunities Acquisition filed a definitive proxy statement / final prospectus with respect to a special meeting of its stockholders to be held on Wednesday, May 24, 2023 at 10:00 a.m. to vote on, among other things, a proposal to adopt and approve that certain Business Combination Agreement by and among MEOA, Digerati Technologies, Inc. and MEOA Merger Sub, Inc., and the business combination contemplated thereby. On May 24, 2023, MEOA determined to postpone the Special Meeting until 10:00 a.m. EDT on Friday, May 26, 2023. Based upon the preliminary reports that have been provided to MEOA, the holders of an aggregate of 728,815 public shares of MEOA's Class A common stock have submitted requests that their public shares be redeemed in connection with the Special Meeting, with these redemptions only taking effect upon the closing of the Business Combination. At the closing of the Business Combination, an aggregate of 52,013 public shares shall remain outstanding. This amount takes into account the redemptions discussed in this paragraph plus the redemptions that were requested and that took effect in connection with MEOA's special meeting of stockholders held on May 23, 2023.
CUBT

Hot Stocks

10:19 EDT Curative Biotech files patent on ophthalmic formulation - Curative Biotechnology announced today that a Patent Cooperation Treaty application was duly filed in the U.S. Receiving Office on May 22, 2023, claiming priority to U.S. Provisional Application No. 63/345,759, filed May 25, 2022.
BAESY

Hot Stocks

10:19 EDT BAE Systems awarded $2.2B contract by the Czech Republic - The Czech Republic has completed negotiations with the government of Sweden, the Swedish defense procurement organization FMV, and BAE Systems Hagglunds to buy 246 CV90 MkIV infantry fighting vehicles in seven different variants. The contract is valued at SEK 22B. The agreement provides highly-capable vehicles for Czech soldiers while providing Czech industry a significant role in the program. The CV90s will be developed and delivered through an industrial partnership with Czech industry to meet the requirements of the Czech Ministry of Defence and the intention of maintaining national sovereignty for the Czech Republic. The Czech industrial partners will be delivering 40% of the acquisition's value in development, production and assembly contracts, not including VAT.
RELL GE

Hot Stocks

10:05 EDT Richardson Electronics' ULTRA3000 selected by GE Vernova - Richardson Electronics announced its ULTRA3000 Pitch Energy Module has been selected by GE Vernova to be featured on their recently launched online marketplace for onshore wind parts and essentials. GE's marketplace specializes in onshore wind turbine parts, including parts for other OEM wind turbines. Richardson Electronics has worked with GE to make this product available to the owner/operators of GE wind turbines in North America. The marketplace will feature key products for wind turbines from world-leading technology companies including Richardson Electronics' ULTRA3000 and will be the go-to web site for GE wind turbine owner/operators. With more than 100,000 items available for purchase supporting both GE and other OEM onshore wind turbines, the store will enable wind farm owners to purchase all the spare parts and wind farm essentials they need in one simple transaction.
NAII

Hot Stocks

10:04 EDT Natural Alternatives adds U.S. manufacturing facility in California - Natural Alternatives International announced the expansion of its global dietary supplement contract manufacturing network, providing the ability to better service existing customers, attract new customers, expand sales, and provide potential for channel and customer diversification. The high-volume powder blending and packaging facility will provide an annual plant capacity of over 26 million pounds of powder. The new facility employs 84 and is comprised of 54,154 square feet of manufacturing and warehouse space for raw material and finished product storage. New equipment technologies include two 400 cubic foot fluidizing paddle blenders, high speed rotary pouchers, and gravity flow racking.
IZEA

Hot Stocks

10:01 EDT Izea awarded series of contracts worth about $1M - Izea Worldwide announced it has been awarded a series of contracts with a large media company totaling approximately $1M in bookings in the month of May. The contracts are for various influencer marketing initiatives and represent an expansion of an existing customer relationship. In April, IZEA secured multiple contracts to provide managed influencer marketing services for a federal government agency, totaling mid-six figures for the initiatives.
SDA

Hot Stocks

10:00 EDT Goldenbridge Acquisition Ltd trading resumes
NIO

Hot Stocks

10:00 EDT Nio falls -9.3% - Nio is down -9.3%, or -81c to $7.94.
A

Hot Stocks

10:00 EDT Agilent falls -10.1% - Agilent is down -10.1%, or -$12.96 to $115.68.
GNL

Hot Stocks

10:00 EDT Global Net Lease falls -15.1% - Global Net Lease is down -15.1%, or -$1.59 to $8.97.
KSS

Hot Stocks

10:00 EDT Kohl's rises 10.6% - Kohl's is up 10.6%, or $2.05 to $21.32.
ANF

Hot Stocks

10:00 EDT Abercrombie & Fitch rises 20.7% - Abercrombie & Fitch is up 20.7%, or $4.77 to $27.78.
AMNA

Hot Stocks

10:00 EDT Alerian Midstream Energy Index rises 1248.9% - Alerian Midstream Energy Index is up 1248.9%, or $447.97 to $483.84.
SDA

Hot Stocks

09:55 EDT Goldenbridge Acquisition Ltd trading halted, volatility trading pause
A

Hot Stocks

09:47 EDT Agilent falls -10.0% - Agilent is down -10.0%, or -$12.84 to $115.80.
IONQ

Hot Stocks

09:47 EDT IonQ falls -10.2% - IonQ is down -10.2%, or -$1.11 to $9.72.
GNL

Hot Stocks

09:47 EDT Global Net Lease falls -14.5% - Global Net Lease is down -14.5%, or -$1.53 to $9.03.
KSS

Hot Stocks

09:47 EDT Kohl's rises 14.7% - Kohl's is up 14.7%, or $2.84 to $22.11.
ANF

Hot Stocks

09:47 EDT Abercrombie & Fitch rises 18.1% - Abercrombie & Fitch is up 18.1%, or $4.17 to $27.18.
AMNA

Hot Stocks

09:47 EDT Alerian Midstream Energy Index rises 1254.0% - Alerian Midstream Energy Index is up 1254.0%, or $449.78 to $485.65.
ZURA

Hot Stocks

09:43 EDT Zura Bio Ltd trading resumes
MEOA

Hot Stocks

09:42 EDT Minority Equality Opportunts Acqstn Inc trading resumes
JXJT

Hot Stocks

09:38 EDT JX Luxventure meets requirements for continued listing on Nasdaq - JX Luxventure announced that on May 23, 2023, the Company received the letter from the Nasdaq Hearing Panel stating that, as determined by the Nasdaq Listing Qualifications Department, the Company cured its deficiency related to the minimum bid requirement for continued listing on the Nasdaq Capital Market and the hearing previously scheduled on May 25, 2023, before the Nasdaq Hearing Panel has been canceled. This letter also stated that the Company is in compliance with all applicable continued listing standards and that its stock will continue to be listed and traded on Nasdaq.
ZURA

Hot Stocks

09:33 EDT Zura Bio Ltd trading halted, volatility trading pause
APPN

Hot Stocks

09:32 EDT Appian opens new EMEA headquarters in London - Appian announced the opening of its new regional headquarters in the City of London. Located in the building at 20 Fenchurch St, London EC3M 3BY, the new offices will serve as a strategic hub for Appian to continue its growth in the UK, Europe, the Middle East, and Africa. The opening of the new Appian EMEA headquarters is part of the company's ongoing commitment to the region. The new office will provide a central location for a growing team of employees and experts in the UK, enabling them to collaborate more effectively with customers and partners across the region.
MEOA

Hot Stocks

09:32 EDT Minority Equality Opportunts Acqstn Inc trading halted, volatility trading pause
TRNO

Hot Stocks

09:28 EDT Terreno Realty acquires industrial property in Washington D.C. for $13.4M - Terreno Realty acquired an industrial property located in Washington, D.C. on May 23 for a purchase price of approximately $13.4M. The property consists of one newly constructed industrial distribution building containing approximately 33,000 square feet on 1.3 acres.
C...

Hot Stocks

09:28 EDT CMA provisionally finds five banks broke competition law on U.K. bonds - The U.K.'s Competition and Markets Authority said it has provisionally found that 5 major banks - Citi (C), Deutsche Bank (DB), HSBC (HSBC), Morgan Stanley (MS) and Royal Bank of Canada (RY) - each unlawfully shared competitively sensitive information by participating in one or more series of one-to-one conversations in chatrooms. The alleged behavior took place at varying times between 2009 and 2013, the CMA said, adding that the information exchanges took place in one-to-one Bloomberg chatrooms between a small number of traders who worked at the banks and related to the buying and selling of UK government bonds - specifically, gilts and gilt asset swaps. Deutsche Bank alerted the CMA to its participation in the alleged unlawful behavior under the CMA's leniency policy, and Citi applied for leniency during the CMA's investigation. Both banks have admitted their involvement in anti-competitive activity and, providing they continue to cooperate and comply with the conditions of leniency, Deutsche Bank will not be fined and any fine that Citi receives will be discounted. Citi has also entered into a settlement agreement with the CMA and, providing it complies with the terms of settlement, will receive a further discount to any fine imposed. The CMA's probe is ongoing and if the CMA reaches a final conclusion that any 2 or more of the banks engaged in anti-competitive activity, the CMA will publish an infringement decision and may issue fines. Reference Link
CLPT UCBJF

Hot Stocks

09:27 EDT ClearPoint Neuro, UCB enter license agreement for gene therapy drug delivery - ClearPoint Neuro (CLPT) announced that it has entered into a multi-year license agreement with UCB (UCBJF) to partner on drug delivery platforms for UCB's gene therapy portfolio. Under the terms of the license agreement, UCB will utilize ClearPoint Neuro's proprietary technology and services in connection with the development and commercialization of UCB's gene therapy products. ClearPoint Neuro will receive success-based milestone payments. Further financial details of the agreement were not disclosed.
CNNA

Hot Stocks

09:24 EDT Cann American Corp. closes Liberty Health Plus acqusition - Cann American announced the closing of the Liberty Health Plus acquisition and further updates. On May 10th the Company completed the acquisition of Liberty Health Plus. Upon completion the Company appointed Michael Kramer, Liberty Heath Plus's Founder, to its board of directors. Additionally, in an effort to support brand synergy, the board has approved a name change from Liberty Health Plus to Prodigy Health Plus. Services administered by Careington International Corporation will not be interrupted during the transition. The current operations of Liberty Health Plus, now Prodigy Health Plus, already capturing multi-million-dollar market share, through services administered by Careington, which had revenue of $373.8 million in 2022. Furthermore, with regards to the ongoing audit process, CNNA is pleased to confirm that all documentation, financial information, and contracts have been received by the Company's auditor. The auditor is in the process of confirming all contractual agreements as there is nothing further that the CNNA has not provided. The Company expects the auditor's due diligence to resolve this week with filings approved for upload prior to June 1st.
STM

Hot Stocks

09:22 EDT STMicroelectronics appoints Nicolas Dufourcq as chairman of the board - Following the conclusion of the STMicroelectronics Annual General Meeting, which took place in Amsterdam, the members of the Supervisory Board appointed Mr. Nicolas Dufourcq as the Chairman and Mr. Maurizio Tamagnini as the Vice-Chairman of the Supervisory Board, respectively, for a 3-year term to expire at the end of the 2026 AGM.
CETY

Hot Stocks

09:18 EDT Clean Energy signs framework agreement with a 'Top 500 Enterprises of China' - Clean Energy Technologies announced that Clean Energy Technologies, a wholly owned subsidiary and its other subsidiaries signed a framework agreement with SCEI Distributed Energy Systems, a subsidiary of Sichuan Energy Investment Group, a Top 500 Enterprises in China. SDES recognizes that CETY's zero emissions Waste Heat Recovery product, which can improve the energy utilization rate of natural gas distributed energy projects. At the same time, SDES believes that CETY's ability to secure natural gas supply can benefit its natural gas distributed energy projects by improving supply stability of natural gas resources. At present, SDES has 6 completed projects, 4 projects under construction, 17 approved and filed projects, and 20 projects in the pipeline. The first natural gas distributed energy project completed in Sichuan is the SCEI Xindu China Resources Snow Beer project which showcases the model in Western China. CETY's wholly owned subsidiary Heat Recovery Solutions division headquartered in California, U.S., is currently evaluating the technical and economic feasibility of installing Waste Heat Recovery systems in each of these projects. SDES will further evaluate and potentially accept CETY's proposals if it meets their emission reduction and energy efficiency standards. As SDES is the leader in the natural gas distributed energy and energy-saving service sector in Sichuan, the implementation of CETY's Waste Heat Recovery products and solutions in SDES's projects will greatly accelerate the cross-selling of CETY's products and solutions in China.
UPXI

Hot Stocks

09:17 EDT Upexi initiates development of AI engine for ad, marketing and logistics - Upexi announced its development of an artificial intelligence engine that will analyze current purchasing, advertising, customer buying habits, times, demographics and other data collected by the Company in partnership with SME Solutions Group. The data analyzed by the AI engine will be used to create real-time solutions for Upexi's advertising and marketing spends, allowing the Company to further maximize return on these expenses. The AI engine will analyze company data and data from various sources such as social media platforms, online shopping websites, and other sources to provide valuable insights into customer behavior patterns and preferences. This information will help Upexi make informed real-time decisions about its advertising and marketing strategies and spends.
SNWV

Hot Stocks

09:15 EDT Sanuwave Health appoints Morgan Frank as CEO - SANUWAVE Health announced that its Board of Directors has appointed Morgan Frank as Chief Executive Officer, CEO. Frank, a company development, corporate restarts, and capital markets veteran, has served 19 years as founder and principal of Manchester Management, the Company's largest outside shareholder and has served as Chairman of the SANUWAVE Board of Directors since August 2022. Kevin Richardson, the Company's former CEO, will remain on the Board of Directors of the Company and continue an active role in the Company, serving as its Chief Strategic Officer during this exciting period of growth and opportunity for the Company.
RAVE

Hot Stocks

09:14 EDT Pizza Inn unveils protoype buffet-style restaurant - Pizza Inn announced the debut of its new prototype buffet-style restaurant with the brand's return to the Asheboro, North Carolina, market. Elements of the new design combine modern simplicity and bold colors with warm woods and vintage themes.
NVEI

Hot Stocks

09:14 EDT Nuvei partners with Wonderful Copenhagen - Nuvei Corporation announces it has partnered with Wonderful Copenhagen, the non-profit tourism organisation of the Capital Region of Denmark, to power comprehensive payment services for The Official Copenhagen City Card. The partnership will enable the optimization of payments for both web and app bookings. Wonderful Copenhagen is utilizing Nuvei's global acquiring reach and unmatched access to over 600 local payment methods to enable its customers in countries across the world to make payments the way they prefer. Nuvei CEO and Chair Philip Fayer commented on the announcement: "We are excited to partner with Wonderful Copenhagen and provide payment services for The Official Copenhagen City Card. Our mission is to enable online businesses to connect with a global customer base through payments."
NUE

Hot Stocks

09:13 EDT Nucor to cease production at Nucor Steel Longview - Nucor announced that it will reorganize the Company's plate group, including ceasing production at Nucor Steel Longview,. All Nucor Steel Longview teammates will be offered employment opportunities at other Nucor divisions. Purchased by Nucor in 2016 for approximately $29M, the mill produces heavy steel plate and has a rated annual capacity of 100,000 tons. The assets at Longview will be evaluated and deployed across Nucor's mills where appropriate. Nucor expects the phase out of production to occur in the Q3 of this year. Production will be transferred to Nucor's remaining plate mills, including its new state-of-the-art plate mill in Brandenburg, Kentucky, which began operating earlier this year. The Brandenburg mill will produce discrete, coiled, and heat-treated plate ranging from 60 to 168 inches wide, and in gauges from 3/16 of an inch to 14 inches.
GNUS

Hot Stocks

09:13 EDT Genius Brands, Andamiro USA to release first ever 'Shaq's Garage' arcade game - Genius Brands International and Andamiro USA announced the summer release of an exclusive basketball-themed arcade game, TIC SHAQ TOE. "Shaq's Garage is a unique brand that was inspired by Shaquille O'Neal's real-life love of cars with a mission to engage and inspire kids of all ages around the world. As we prepare for the global consumer products program this year, our focus is to develop strategic partner collaborations that offer kids and families ways to engage with the brand beyond the traditional categories. Andamiro understood our mission and created a fun and engaging arcade game that will no doubt be a hit with kids," stated Lloyd Mintz, SVP, Global Consumer Products, Genius Brands.
SGPYY

Hot Stocks

09:10 EDT Sage Group announces series of updates for Sage Intacct - Sage announced a series of innovative updates to Sage Intacct to help businesses across the world simplify financial consolidations, streamline operations and improve financial planning.
ACN

Hot Stocks

09:09 EDT Accenture gets position on IRS $2.6B systems modernization blanket purchase pact - The Internal Revenue Service IRS has awarded Accenture Federal Services a position on an Internal Revenue Service systems modernization blanket purchase agreement. The award has a ceiling value of $2.6B.Under the terms of the Enterprise Development, Operations Services EDOS blanket purchase agreement, Accenture Federal Services will compete for future task orders to support the IRS applications development office with creating new ways for taxpayers and tax professionals to interact with the agency. The EDOS contract vehicle brings all 400-plus systems in the IRS's applications development portfolio under one contract vehicle to modernize existing systems, build out analytics, and improve cybersecurity. "The IRS had the foresight and vision to create a contract vehicle with the ability to keep up with, or even ahead of, new legislative demands," said Jessica Powell, a managing director in Accenture Federal Services and IRS client lead. "These reforms will result in faster processing of returns and quicker distributions of the credits and benefits that are vital to so many Americans. We're thrilled to offer support to the IRS as they make these technology enhancements happen." "We're honored to support the IRS' push to develop innovative ways for America's millions of taxpayers to interact securely and effectively with the agency," said Elaine Beeman, a senior managing director for the Accenture Federal Services Civilian portfolio. EDOS has a period of performance of seven years.
SGPYY

Hot Stocks

09:09 EDT Sage Group announces update on development of connected accounting - Sage announced a major step forward in the development of connected accounting at its Partner Summit, LV23. The next evolution of Sage's digital network, known as Sage Network, seamlessly automates workflows between businesses regardless of whether they use Sage or non-Sage accounting software. Sage Network revolutionizes the way that businesses transact by connecting diverse accounting systems together to automate workflow between businesses. The advanced automation offered by Sage Network eliminates the need for manual data processing between companies, thereby enhancing data accessibility to support better decision-making regarding the use of working capital. Through strategic investments and partnerships fuelling its ongoing evolution, Sage Network will refine automated data flows, introduce innovative solutions, and cultivate enriched customer experiences. Sage Network is also a unique environment for the creation and deployment of ground-breaking applications, equipping third-party developers with universal APIs across various accounting software ecosystems. With access to the large market of Sage customers, as well as companies in the other accounting ecosystems, Sage Network creates opportunity for new and innovative solutions to enter the market.
AMD

Hot Stocks

09:08 EDT AMD introduces AMD Radeon RX 7600 graphics card - AMD announced the AMD Radeon RX 7600 graphics card, optimized to provide next-generation, high-performance 1080p gaming, streaming and content creation with stunning visual fidelity. The AMD Radeon RX 7600 graphics card is built on the groundbreaking AMD RDNA 3 architecture, featuring redesigned compute units with unified raytracing and AI accelerators and second-generation AMD Infinity Cache technology. Designed to deliver incredible 1080p gaming experiences, the Radeon RX 7600 graphics card provides an ideal upgrade for legions of gamers.
INMB

Hot Stocks

09:07 EDT INmune Bio announces lecture at ISCT on INKmune - INmune Bio announces that Mark Lowdell, Ph.D., INmune Bio's CSO, will be giving the opening plenary lecture of the Presidential Symposium at the International Society of Cell and Gene Therapy, ISCT, in Paris, France on May 31st. Dr. Lowdell's lecture titled, "The Future of Immune Effector Cell Therapies for Cancer, Tumor-Primed Memory NK Cells - from Heresy to Clinical Trials," will describe how INKmune, INmune Bio's proprietary Natural Killer cell platform, primes the patient's NK cells to alter their phenotype to a cancer-killing population of memory-like NK cells that differ from single-cytokine or multiple-cytokine primed NK cells. The Company believes this is a critical breakthrough to avoid the complications associated with cytokine therapy and obtain NK cells ideally suited for attacking cancer. Dr. Lowdell's team at INmune Bio has shown that NK cells primed by INKmune or by the triple cytokine combination of IL12/15/18 consist of a complex mix of cell subsets with a unique memory associated phenotype. Using high-dimensional flow cytometry to simultaneously analyze 31 cell surface proteins, the team analyzed resting NK cells, IL-15 LAK, CIML-NK and INKmune-primed side-by-side. The data showed at least 8 clusters of NK cell types, one of which was restricted to CIML-NK and TpNK. This last cluster has never been described. "Whilst the existence of "memory-like" NK cells based on function has been known for over 10 years, it's safe to say no-one has identified a unique cell surface phenotype for these cells," said Dr. Lowdell. "Our interest in activating NK cells with INKmune to kill cancer provided a unique opportunity to better define these cells by comparison with CIML-NK."
VSQTF

Hot Stocks

09:06 EDT Victory Square Technologies reports Hydreight March revenue of C$1.4M - Victory Square Technologies announced that its portfolio company Hydreight Technologies achieved CAD$1.4 million in monthly top line non-GAAP revenue in March 2023. This represents a 201% increase from March 2022. "Hydreight recently announced record revenue for fiscal year 2022, and they've kept up the momentum in 2023. Victory Square owns 73.72% of Hydreight, so its success will have a huge impact on Victory Square and our shareholders." Said Shafin Diamond Tejani, CEO of Victory Square Technologies.
CMG

Hot Stocks

09:05 EDT Chipotle announces partnership with Street Fighter 6 - Chipotle Mexican Grill announced its partnership with Street Fighter 6, the latest installment of one of the top selling fighting games of all time. Chipotle will be the first restaurant brand to give Street Fighter 6 players the opportunity to earn Fighter Coins through digital entree purchases made on the Chipotle app and Chipotle.com. Later this year, Street Fighter 6 will feature in-game integrations like Chipotle Daily Brackets, Battle Hub signage, and Chipotle-branded avatar items. In addition to the partnership with Street Fighter 6, Chipotle will serve as the presenting sponsor of the 2023 Evolution Championship Series, a sponsor of COMBO BREAKER, an advertiser on PlayStation media, and the first-ever restaurant brand to offer free food as viewer rewards on Twitch.
TMOAF AYX

Hot Stocks

09:05 EDT TomTom, Alteryx expand partnership with Location Intelligence offering - TomTom announced an expanded partnership with Alteryx. The agreement will support new Alteryx cloud-based analytics offerings, such as Alteryx Location Intelligence, which premiered at the Alteryx Inspire user conference. Together, TomTom and Alteryx collaborate to integrate TomTom's Maps APIs into Alteryx products and location insights packages, such as Alteryx Designer and the newly launched Location Intelligence offering on the Alteryx Analytics Cloud Platform. The Alteryx Analytics Cloud democratizes analytics by allowing all users to participate in the analytics and decision intelligence process regardless of job role, skill level, or department. Location Intelligence makes it easy to create location insights with its easy-to-use map-based interface and easy-to-understand analysis tasks. Through this integration, TomTom adds real-world context to support sharper competitor analysis, site selection, and many other types of analysis within Alteryx analytics tools.
NSP

Hot Stocks

09:03 EDT Insperity announces 10% dividend increase to 57c per share - Insperity announced that its board of directors has approved a 10% increase in its quarterly regular cash dividend from 52c to 57c per share. The cash dividend will be paid on June 22 to all stockholders of record as of June 8.
RNWK

Hot Stocks

09:03 EDT RealNetworks names Chris Wheaton as President, COO and CFO - RealNetworks officially announced the appointment of Chris Wheaton as President, COO and CFO. Chris joined Real in March and has spent the past three months learning about Real and its diverse, primarily AI-based businesses. Additionally, Real announced that Michael Parham, SVP and General Counsel, will depart on June 30 after a 20+ year career with the company. For the past ten years, Michael has served as RealNetworks' General Counsel, most recently leading Real through its transition to private ownership under Real's founder and CEO Rob Glaser.
ABBV

Hot Stocks

09:03 EDT AbbVie announces presentation of data from RINVOQ studies - AbbVie announced that researchers will present new, long-term data supporting the efficacy and safety profile of RINVOQ, or upadacitinib, from the SELECT-COMPARE, SELECT-PsA 1 and SELECT-AXIS 2 studies at the European Congress of Rheumatology, EULAR 2023, taking place from 31 May - 3 June in Milan. Long-term data supporting the efficacy and safety profile of RINVOQ that will be presented at the EULAR 2023 Congress include more than 20 clinical endpoints and safety data from approximately 2,450 patients representing more than 6,700 patient-years across rheumatoid arthritis, psoriatic arthritis, and ankylosing spondylitis.
VTVT

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09:03 EDT vTv Therapeutics announces issuance of U.S. patent for azeliragon to Cantex - vTv Therapeutics announced that the United States Patent and Trademark Office recently issued a patent to Cantex Pharmaceuticals, that covers claims related to the use of azeliragon as a potential treatment of glioblastoma multiforme, GBM. Azeliragon is a small molecule inhibitor of the receptor for advanced glycation end products discovered by vTv and licensed to Cantex Pharmaceuticals. On June 22, 2021, vTv and Cantex entered into a licensing agreement under which Cantex obtained exclusive worldwide rights to develop and commercialize azeliragon. Under the terms of the agreement, the companies will allocate downstream profits under a tiered arrangement if successfully developed and launched. Prior to the Cantex agreement, vTv was developing azeliragon for the treatment of Alzheimer's disease. Through these efforts, vTv generated a significant body of clinical data supporting the safety and tolerability profile of azeliragon. Evidence suggests that RAGE-ligand interactions play a vital role in cancer, as well as in a range of inflammatory diseases. "We would like to congratulate Cantex on receipt of this important addition to the azeliragon patent estate covering its use as a potential therapy for GBM. Coupled with the Orphan Drug Designation granted for this indication in early 2023, Cantex is building robust protections around this novel small molecule RAGE inhibitor, aimed at maximizing the commercial opportunities for azeliragon should its clinical development be successful," said Paul Sekhri, President and Chief Executive Officer of vTv Therapeutics. "We will be closely following the ongoing GBM study as well as Cantex's development efforts in other indications where RAGE is implicated."
LPLA

Hot Stocks

09:02 EDT LPL Financial: Jonathan Kesselman joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisor Jonathan Kesselman CFP, has joined LPL Financial's broker-dealer, RIA and custodial platforms. He reported having served approximately $220 million in advisory, brokerage and retirement plan assets, and joins LPL from UBS. With the move, the Westlake, Ohio-based advisor is pleased to launch his new independent practice, Kesselman Wealth Management. He is joined by his wife, Rosie, who is the firm's director of business development and marketing.
MAR

Hot Stocks

09:02 EDT Marriott signs collaboration with Rappi, Inc. in Latin America - Marriott International announced that it has signed an industry-first agreement with Rappi, Inc., the multilatina technology company. The collaboration aims to increase everyday earning opportunities and offer an elevated travel experience for both Marriott Bonvoy members and Rappi users. Marriott Bonvoy members will soon be able to link their Rappi and Marriott Bonvoy accounts, which will result in exclusive benefits, like earning Bonvoy Points for qualifying Rappi purchases while offering additional benefits to Rappi Prime users. This unique arrangement marks the first time that a global hotel company has entered into a strategic collaboration with a Latin American technology company, showcasing Marriott International's continued commitment to innovative and tech-forward collaborations that meet the evolving needs of its guests.
INTA

Hot Stocks

09:02 EDT Intapp partners with BoardEx to accelerate business development efforts - Intapp announced a new partnership with BoardEx, an Altrata company, to help private capital, investment banking, legal, accounting, and consulting firms expand their market reach and win more business. Through this partnership, Intapp clients subscribing to BoardEx's global database of more than 1.7 million executives and board members can now directly access that data within DealCloud via an integration within DataCortex. New functionality will help users better ingest and take action on BoardEx data.
ABT

Hot Stocks

09:01 EDT Abbott announces data from new CardioMEMS HF System trial - New data presented from an investigator-sponsored European trial found managing indicated heart failure patients with Abbott's CardioMEMS HF System resulted in a significant improvement in patient-reported quality-of-life scores as early as three months after use with the remote monitoring sensor. The MONITOR-HF trial also resulted in a significant 44% reduction in heart failure-related hospitalizations among chronic heart failure patients who used guideline-directed medical therapy, or GDMT. GDMT refers to the European and U.S. guidelines for heart failure management that uses a combination of up to four heart medications. MONITOR-HF is the third randomized, controlled clinical trial globally to show a significant health benefit and quality-of-life improvement for heart failure patients using the CardioMEMS HF System.
CYTO

Hot Stocks

08:56 EDT Altamira Therapeutics reports data from Bentrio clinical study - Altamira Therapeutics announced statistically significant top-line results from the randomized controlled NASAR clinical trial evaluating its Bentrio nasal spray in patients with seasonal allergic rhinitis. Bentrio nasal spray is formulated as a drug-free and preservative-free gel emulsion designed to help protect against airborne allergens such as pollen or house dust mites. The NASAR trial enrolled 100 SAR patients in Australia who were randomized at a 1:1 ratio to receive either Bentrio or saline nasal spray for two weeks via self-administration three times per day, or as needed. For eligibility, patients had to have a baseline reflective Total Nasal Symptom Score of at least 5 points out of 12, referring to the worst level of nasal congestion, sneezing, nasal itching, and rhinorrhea within the past 24 hours averaged over a one-week treatment-free run-in period. The primary efficacy endpoint was defined as the difference in the average rTNSS over the subsequent 2-week treatment period between Bentrio and saline nasal spray, the current standard of care in drug-free SAR management. The change in mean rTNSS over two weeks is generally accepted as a primary efficacy endpoint for SAR trials and is also recommended by the FDA. The rTNSS decreased in the Bentrio group from 6.9 points in the pre-treatment period to an average of 5.0 points over the 14-day treatment period, while the saline spray group showed a decrease from 6.9 to 6.2 points. The reduction in nasal symptoms conferred by Bentrio was thus 2.5 times larger than with saline nasal spray. The difference in rTNSS reduction of 1.1 points in favor of Bentrio was statistically significant in the ANCOVA model, and the study thus met the primary efficacy endpoint. The treatment effect shown with Bentrio was well above the minimal clinically important difference of 0.28 points. 63.3% of Bentrio-treated study participants rated treatment efficacy as either good or very good vs. 29.2% of saline-treated participants. Among the latter, 45.8% reported efficacy as poor vs. only 8.2% in the Bentrio group. 73.5% of Bentrio-treated study participants rated tolerability of the treatment as either good or very good vs. 85.5% of saline-treated participants. Among the latter, 10.4% reported tolerability as poor vs. only 6.1% in the Bentrio group.
CISO

Hot Stocks

08:55 EDT CISO Global, Halcyon join to protect companies from ransomware - CISO Global and Halcyon join forces to better enable enterprises to ward off ransomware and extortion attacks. Both companies will now offer each other's services to deliver integrated offerings designed from day-one to defeat ransomware and address other pressing cybersecurity concerns, such as malware and phishing. Ransomware is one of the most significant threats facing businesses, with limited solutions available to protect endpoints and networks. Monitoring solutions, which vary widely in quality, have done little to stem the explosive growth of ransomware until now. Halcyon is the first solution designed specifically to defeat ransomware, with tools for preventing initial intrusion, disrupting attacks in progress, and immediately reversing the effects of ransomware in the event of a successful attack.
PSO

Hot Stocks

08:53 EDT Pearson, CAE partner for critical thinking assessment in secondary education - Council for Aid to Education announced the immediate availability of its College and Career Readiness Assessment through a non-exclusive partnership with Pearson. Pearson will resell CCRA+ as part of its Pearson Assessment for Learning Suite. Designed for students in grades six through 12, CCRA+ assesses critical thinking, problem solving and written communications - essential skills that are predictive of positive academic and career success. These skills are highlighted in Portraits of a Graduate profiles, yet most states and districts do not have an effective and reliable approach to measure these skills.
PALI

Hot Stocks

08:51 EDT Palisade Bio expects data readout from LB1148 Phase 2 trial in coming weeks - Palisade Bio provided a clinical program update for its lead product candidate, LB1148, a broad-spectrum serine protease inhibitor which acts to neutralize digestive enzymes, potentially reducing intestinal damage. "We remain focused on our U.S. Phase 2 adhesions study with our lead drug, LB1148, and look forward to our data readout in the coming weeks. We believe the topline data from our Phase 2 study will provide valuable insight related to future trial design," commented J.D. Finley, interim CEO. "Additionally, we have made rapid progress in our dose optimization study. We have already dosed eight patients and remain on track to have that topline data in the third quarter of this year. We continue to believe there is great potential for LB1148 to fundamentally transform the way physicians mitigate the risks of acute and chronic GI complications from surgery. We are grateful for the continued support of all our stakeholders and look forward to the continued advancement of LB1148. U.S. Phase 2 Adhesions Study: LB1148 is currently being evaluated in a Phase 2 study for its effectiveness in reducing intra-abdominal adhesions, accelerating return of gastrointestinal function, and the prevention of post-operative ileus in patients undergoing elective bowel resection. Many of the patients enrolled in PROFILE have cancer, and most continue adjuvant therapy after completing the initial surgery. Once the patient has been treated and cleared for surgery, the second surgery is scheduled. Per the clinical trial protocol, the patient has up to eight months from the initial surgery to complete the second surgery, and the last patient out is expected on or before June 24, 2023. The Company expects to report topline data within four weeks following the last surgery. Dose Optimization Study: The Company recently commenced patient enrollment and dosing in its ongoing dose optimization study. The dose optimization study is being conducted to determine if a different dosing protocol might enhance the risk profile while simultaneously providing efficacy for the development program moving forward. The study is expected to enroll approximately 32 healthy subjects. To date eight subjects, or 25%, have been enrolled and dosed. The Company expects to complete enrollment and report topline data in Q3 2023.
RBT

Hot Stocks

08:49 EDT Rubicon Technologies enters pact with GoldOller Real Estate Investments - Rubicon Technologies announced that it has entered into an agreement with GoldOller Real Estate Investments, a seasoned real estate investment and management firm, to provide scalable waste and recycling services.
CNDT

Hot Stocks

08:49 EDT Conduent announces Provider Data Management solution - Conduent announced a new Provider Data Management solution that brings health insurance companies a single, real-time data source to ensure the accuracy of their doctors' directories. The PDM uses innovative AI and advanced analytics to collect, validate and communicate a doctor's participation within a network, demographic revisions and other key data points. The company's newest solution enables health insurance companies to improve claims auto-adjudication rates by reducing common data errors-such as incorrect addresses and speciality information-and enhances doctor and member satisfaction with accurate, up-to-date information to avoid surprise bills and connect the patient to the right in-network provider.
SMFL

Hot Stocks

08:48 EDT Smart for Life launches line of Sports Illustrated protein bars - Smart for Life is launching a new line of Sports Illustrated protein bars, specifically formulated for active lifestyles. The premium line of protein-based bars are formulated to address a growing demand for clean and nutritional products that match the needs of athletes and health-conscious consumers alike. The new line of protein bars is clean and energizing, non-GMO, cold-pressed, with no sucralose and no preservatives, and includes some options that are gluten-free. Launch flavors include Triple Chocolate, Cookies & Cream, Blueberry White Chocolate and Strawberry Chocolate. The bars are expected to be released in select markets for initial testing in Q3 of 2023 with select preorders available for certain flavors online.
SKE

Hot Stocks

08:47 EDT Skeena Resources closes C$73.5M bought deal financing - Skeena Resources announced the closing of the previously announced bought deal offering of 10,005,000 common shares of the Company at a price of C$7.35 per Common Share for gross proceeds of C$73,536,750, and which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 1,305,000 Common Shares at the Offering Price. The Common Shares are offered by way of a prospectus supplement to the Company's base shelf prospectus in all of the provinces of Canada, except the province of Quebec, and by way of private placement in the United States. BMO Capital Markets acted as sole bookrunner for the Offering, on behalf of a syndicate of underwriters which includes CIBC World Markets Inc., Raymond James Ltd., RBC Dominion Securities Inc., Desjardins Securities Inc., Clarus Securities Inc. and SCP Resource Finance. The net proceeds of the Offering will be used for the continued advancement of the Company's Eskay Creek gold-silver project and for general corporate purposes.
SYK

Hot Stocks

08:46 EDT Stryker: EPS cases utilizing its Q guidance system 'are underway' - Stryker announced that Early Product Surveillance or EPS, cases utilizing its Q Guidance System with Cranial Guidance Software are underway. The technology provides surgeons with image-based planning and an intraoperative guidance system designed to support cranial surgeries. Stryker's Q Guidance System with Cranial Guidance Software provides surgeons with image-based planning and an intraoperative guidance system designed to support cranial surgeries. "In my opinion, Stryker's Q Guidance System with Cranial Guidance Software could be the new gold standard for image-guided neurosurgical navigation," said Dr. Melvin Field, medical director for the Minimally Invasive Brain Surgery program at AdventHealth, and member of Orlando Neurosurgery, one of the first surgeons to bring the system to his OR. "Cranial procedures are extremely delicate, and outcomes may go beyond physical health, potentially altering your patient's appearance or personality. The system offers advanced planning and guidance capabilities, giving me greater confidence to perform these complex surgeries." Leading up to a full commercial launch, Stryker's Q Guidance System with Cranial Guidance Software will be utilized at five additional EPS sites: the University of New Mexico, the University of Arkansas, the University of Michigan, Thomas Jefferson University, and Lenox Hill Hospital. Cranial Guidance Software provides a single solution to track brain biopsy and shunt placement instruments, and includes automatic, algorithmic processing as well as comprehensive segmentation capabilities. The software provides tools enabled by gesture recognition for identifying, marking, and localizing targets and anatomical structures of interest. .
CISO

Hot Stocks

08:43 EDT Cerberus Cyber Sentinel and Halcyon join to protect companies from ransomware - CISO Global and Halcyon join forces to better enable enterprises to ward off ransomware and extortion attacks. Both companies will now offer each other's services to deliver integrated offerings designed from day-one to defeat ransomware and address other pressing cybersecurity concerns, such as malware and phishing. Ransomware is one of the most significant threats facing businesses, with limited solutions available to protect endpoints and networks. Monitoring solutions, which vary widely in quality, have done little to stem the explosive growth of ransomware until now. Halcyon is the first solution designed specifically to defeat ransomware, with tools for preventing initial intrusion, disrupting attacks in progress, and immediately reversing the effects of ransomware in the event of a successful attack.
BKSY SPIR

Hot Stocks

08:42 EDT BlackSky, Spire Global team on commercial MCS for flexible vessel tracking - BlackSky Technology Inc. (BKSY) and Spire Global (SPIR) have teamed up to create a real-time, commercially available Maritime Custody Service, MCS, that can automatically detect, identify and track more than 270 thousand vessels worldwide in open water, along rivers and canals, and while docked at port. "BlackSky and Spire have developed a very cost-effective and flexible vessel tracking service capable of delivering on-demand maritime intelligence at scale," said Patrick O'Neil, chief innovation officer at BlackSky. "The unique AI-driven system reduces end-to-end latency across the entire tasking, collection, processing, exploitation, and dissemination process. With interoperability in mind, the MCS provides an easy-to-use autonomous, continuous and predictive maritime tracking capability directly into customer hands." The MCS uses data from Spire's satellites to detect RF emissions from maritime targets and then automatically tips BlackSky's satellites to collect imagery. Once collected, BlackSky Spectra AI processes and analyzes the electro-optical images using artificial intelligence to detect vessels, estimate cargo, and monitor change over time. Monitoring global maritime activity is critical to safeguarding national security, identifying illicit ship-to-ship transfers, intercepting vessels engaged in smuggling or sanctions evasion, monitoring liquid and dry bulk commodity movements, and tracking illegal fishing in restricted areas.
XPON

Hot Stocks

08:41 EDT Expion360 selected by Chinook RV as lithium-ion battery supplier - Expion360 has been chosen as a strategic supplier of high-energy lithium-ion batteries and power system components for all premium class B and B+ RVs manufactured by Chinook RV, a top name in the industry and a recognized leader in quality and innovation. Chinook RV has already begun shipping orders for vehicles equipped with the new power system to its network of dealers across the U.S. Chinook RV dealers will also be offering an aftermarket Expion360 package to existing customers who want to upgrade from lead acid to a lithium-based power system.
INUV

Hot Stocks

08:40 EDT Inuvo announces AI-based Media Mix Modeling solution - Inuvo launched a Media Mix Modeling technology as part of its IntentKey suite of AI solutions. The IntentKey can now predict, based on historical spend and performance, the optimal mix of media for any given budget, across channels, without using consumer tracking IDs. Inuvo's solution has been in beta for almost 24 months and is now available to clients and prospects. Richard Howe, CEO of Inuvo, stated, "As the ability to identify and track consumers becomes increasingly difficult, the two biggest challenges for marketers are: how to find and target audiences and how to confidently determine budget across media channels. Inuvo's generative IntentKey AI has solved the first of these challenges and has now been complemented by machine learning technology to solve the second." Howe continued, "As the number of marketing channels increases, so does the challenge of effectively capitalizing on advertising supply and demand economics across those channels. Marketers need to know how to predictively turn the spend amounts up or down, in any given period, across all the channels they use. This reality is further complicated by each channels' motivation to overweight its own contribution to the consumers conversion."
JAGX

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08:40 EDT Jaguar Health appoints Stacey Tinianov to Scientific Advisory Board - Jaguar Health announced that Stacey Tinianov, MPH, a Board Certified Patient Advocate, has joined the Company's Scientific Advisory Board. Tinianov is Vice President of Advocacy & Partnerships at Rabble Health, and was previously Director of Advocacy & Engagement at Ciitizen.
CEI

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08:39 EDT Camber Energy, Viking Energy file amended S-4 regarding proposed merger - Camber Energy and Viking Energy Group announced that Camber filed on May 23, 2023, an amendment to its previously filed registration statement on Form S-4 with the U.S. Securities and Exchange Commission regarding the merger of Camber and Viking. Although the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about the proposed transaction which contemplates a wholly owned subsidiary of Camber merging with and into Viking, with Viking surviving the Merger as a wholly-owned subsidiary of Camber and Camber remaining the sole publicly-traded entity. Completion of the transaction is subject to shareholder approval, the Registration Statement being declared effective by the SEC, and other customary closing conditions.
NFTG

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08:37 EDT NFT Gaming announces enhancements to AI gaming platform - The NFT Gaming Company announced that it will be leveraging the powerful web3 tool, RECUR Builder, to deliver its AI gaming offerings to market. The NFT Gaming Company will be building on RECUR's cutting-edge Web3 infrastructure to monetize their expanding game catalog. The NFT Gaming Company will also provide experiences and unique opportunities for the RECUR community. "Partnering with RECUR allows us to bring our AI gaming offering to market as quickly as possible in the best web3 infrastructure available," said Vadim Mats, CEO of NFT Gaming Company. "This relationship enables us to utilize the same technology as top brands like Paramount, Nickelodeon, Star Trek, Top Gun: Maverick, emoji, Care Bears, and others."
BLIN

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08:36 EDT Bridgeline Digital's Hawksearch selected by Aaron Equipment - Bridgeline Digital announced that Aaron Equipment chose its AI-powered site search solution, HawkSearch, to provide site search, recommendations, and data quality enhancement for their B2B ecommerce site. Aaron Equipment Company has selected Bridgeline's HawkSearch to drive personalized recommendations and smart search capabilities. HawkSearch will power site search functionality for Aaron Equipment's range of products and services, including asset management, equipment financing and appraisal, listing for sale, auction and plant closing services. HawkSearch has served other leaders within the B2B industry, such as Berlin Packaging, Kirby Risk, and Packard.
C

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08:35 EDT Citi to resume 'modest' level of share buybacks this quarter - Mark Mason, CFO of Citi said, "This decision demonstrates our commitment to choose the best outcome for our shareholders and allows us to resume a modest level of share buybacks this quarter. Given the uncertainty regarding regulatory capital requirements, we will continue to assess buybacks on a quarter-by-quarter basis."
C

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08:35 EDT Citi to pursue IPO of Banco Nacional de Mexico business - Citi announced it will pursue an initial public offering, or IPO, of its consumer, small business and middle-market banking operations in Mexico following the planned separation of its leading institutional business that will remain part of Citi. As previously disclosed, Citi had been pursuing a dual process to exit the business, including preparation for a possible IPO. The business will retain the Banco Nacional de Mexico brand. Banamex will continue offering a full suite of financial services to consumers and small and mid-market business owners through an distribution network of 1,300 branches, 9,000 ATMs, 12.7 million retail banking clients, 6,600 commercial banking clients and ~10 million pension fund customers.
C

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08:35 EDT Citi to pursue IPO of Mexico business Banamex - Citi announced it will pursue an IPO of its consumer, small business and middle-market banking operations in Mexico following the planned separation of its institutional business that will remain part of Citi. As previously disclosed, Citi had been pursuing a dual process to exit the Business, including preparation for a possible IPO, with a commitment to deliver maximum value to its shareholders. The Business will retain the Banco Nacional de Mexico brand and will remain one of the leading financial groups in Mexico. Jane Fraser, CEO of Citi said, "After careful consideration, we concluded the optimal path to maximizing the value of Banamex for our shareholders and advancing our goal to simplify our firm is to pivot from our dual path approach to focus solely on an IPO of the business."
LINC

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08:35 EDT Lincoln will be added to preliminary list of reconstituted Russell 3000 Index - Lincoln Educational Services Corporation has been included in the preliminary list of additions to the annual reconstitution of the broad-market Russell 3000 Index. The list including Lincoln was posted to the FTSE Russell website following the close of the U.S. markets on May 19, 2023. The annual reconstitution is effective as of the U.S. market open on June 26, 2023.
MNKD

Hot Stocks

08:34 EDT MannKind appoints Blank as EVP, Research & Development, CMO - MannKind announced Burkhard Blank, MD, has joined the company as Executive Vice President, EVP, Research & Development and Chief Medical Officer, CMO, effective today. Blank will report directly to Michael Castagna, PharmD, Chief Executive Officer, and will serve on the company's executive leadership team. Dr. Blank recently served as CMO/Head of R&D at Pharnext SA after serving seven years in the same position at Acorda Therapeutics.
C

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08:34 EDT Citi to pursue IPO of Mexico business Banamex
C

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08:33 EDT Citi to resume share buybacks this quarter
ERNA SQZ

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08:33 EDT Eterna appoints Yung as Chief Strategy Officer, General Counsel - Eterna Therapeutics (ERNA) announced the appointment of Megan Yung as Chief Strategy Officer and General Counsel. Yung will work with Eterna's senior leadership and the Board of Directors to develop and advance the Company's corporate strategy. Yung will also oversee the company's legal activities, including licensing and intellectual property matters. Yung joins Eterna from SQZ Biotechnologies (SQZ), where she served as Deputy General Counsel and Vice President, Head of Intellectual Property, and helped oversee matters of intellectual property, regulatory compliance, public company reporting, business development activities and negotiations, and government affairs.
HTCR

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08:32 EDT HeartCore Enterprises signs partnership agreement with Toppan - HeartCore Enterprises has signed a partnership agreement with Toppan effective May 22, 2023. As part of the partnership agreement, HeartCore intends to strengthen and expand Toppan's digital marketing business utilizing HeartCore's Contents Management System, CMS, in addition to both companies collaborating on joint business ventures. Additionally, the collaboration between Toppan and HeartCore combines Toppan's digital marketing know-how with HeartCore's technological prowess and development capabilities in the CMS field. The partnership aims to strengthen and expand their presence in the digital marketing domain while providing a robust platform for centralized content management. By jointly promoting the development and maintenance of services that encompass web and application development, social networking services, and digital signage, the two companies will strive to deliver innovative solutions to their clients and advance their digital marketing businesses.
RAMPF

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08:27 EDT Polaris Renewable Energy signs 25 MW power purchase agreement - Polaris Renewable Energy signed a Power Purchase Agreement in the Dominican Republic for Canoa II. The Canoa II solar project is adjacent to the already operational 25MW Canoa I, which was acquired by the Company in July of 2022, and is inthe Province of Canoa, Municipality of Barahona, Dominican Republic. Polaris owns 100% of the project.Particulars related to the Canoa II PPA and project are: 15-year PPA denominated in US$ of $82.35 per MWh; Such PPA has an annual inflator for 5 years post initial commencement, equivalent to approximately 16% of the US Consumer Price Index, at which point the price remains fixed until the end of the 15-year term; Estimated completion of construction in the third quarter of 2024.
SRPT

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08:23 EDT Sarepta to remain in quiet period during FDA BLA review for SRP-9001 - Sarepta Therapeutics provided the following update on the Biologics License Application for SRP-9001, EMBARK is fully enrolled, with top-line results expected in the fourth quarter of 2023. The FDA has also informed Sarepta that it requires modest additional time to complete the review, including final label negotiations and post marketing commitment discussions, and that it anticipates that the review will be complete by June 22. Sarepta will remain in a quiet period for the duration of the BLA review. Sarepta will remain in a quiet period for the duration of the BLA review.
ADV

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08:21 EDT Advantage Solutions names Macedonio to its board of directors - Advantage Solutions has appointed Jody Macedonio, chief financial officer for Meati, maker of animal-free meat alternatives, to its board of directors. Prior to joining Meati as the company's top finance executive in 2022, Macedonio served as chief financial officer of Chobani.
WKSP

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08:20 EDT Worksport announce U.S. customer approved hard-folding light truck cover sample - Worksport announces that a national U.S. customer and reseller of automotive aftermarket accessories has approved the hard-folding light truck cover samples the Company had supplied previously for the reseller's review and testing. The customer previously had made known its intention to review Worksport samples and, upon approval, to purchase sizable quantities of the Company's tonneau covers for distribution across the United States. Worksport and the reseller can now work together to finalize the anticipated transaction, with cover assembly and shipment to follow. "The expected large light truck cover order from a national U.S. reseller demonstrates Worksport once again delivering on its goal to begin a long-anticipated period of revenue generation," said Worksport CEO Steven Rossi. "We were honored that this widely recognizable national brand reviewed and rapidly approved our hard-folding cover samples. We anticipate completing the order process and expect to start the covers' U.S. production shortly. It's a great Company milestone and we look forward to informing investors and shareholders on the order's progress."
AGFMF COF

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08:20 EDT AGF Management appoints Ken Tsang as CFO - AGF Management announced the appointment of industry veteran Ken Tsang to the position of CFO. Ken will join the organization on June 1, reporting to Kevin McCreadie, CEO and Chief Investment Officer, AGF. He was most recently the CFO, Head of Strategy & Business Development at Capital One Canada. Jenny Quinn will remain at AGF and will be returning to her role as Chief Accounting Officer. She will work closely with Ken on the CFO transition.
CATX

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08:19 EDT Perspective Therapeutics to present at 2023 iSRS - Perspective Therapeutics announced it will be presenting three posters at the 2023 International Symposium on Radiopharmaceutical Sciences, iSRS, Annual Meeting being held in Hawaii from May 22-26, 2023. Poster presentation #1: "Low-dose targeted alpha therapy induces strong anti-tumor effectiveness in combination with immune checkpoint inhibitors" This poster shares the ongoing work by Perspective Therapeutics' scientists and collaborators at the University of Wisconsin exploring the potential of targeted alpha therapies, TAT, in combination with established immune checkpoint inhibitor, ICI, therapies in preclinical melanoma models. In conclusion: When combined with dual ICIs, low doses of [212Pb]VMT01 was more efficacious and resulted in complete tumor remission when compared with mid- and high-administered radioactivity doses. The immunostimulatory effects of TAT may not be linear to radiation dose. Therefore, the ideal dose of TAT that induces strongest anti-tumor efficacy with ICIs in melanoma needs to be further elucidated. Poster presentation #2: "Optimizing 203Pb cyclotron production and availability: The ideal SPECT imaging theranostic partner for 212Pb targeted alpha therapy." This poster discusses the Company's continued work with its multi-institutional collaborators in order to improve the production methods for the SPECT isotope Pb-203 as part of its matched isotope theranostic pairing with Pb-212 targeted alpha therapy. In conclusion: Nuclear medicine centers with a 24 MeV cyclotron can produce and purify large 203Pb activities sufficient for clinical applications. This represents an attractive route to produce 203Pb for theranostic use as a SPECT radionuclide alongside 212Pb targeted alpha therapy. Poster presentation #3: "Analysis of Radiochemical Stability and In Vivo Distribution of Recoiled 213Bi from [225Ac]Ac-DOTATATE in Preclinical Model." In this study, the company aimed to assess the ingrowth and radiochemical stability of 213Bi and potential in vivo redistribution following the injection of [225Ac]Ac-DOTATATE in preclinical model. In conclusion: Although 213Bi can be labeled initially, decoupling of ingrown free 213Bi was inevitable with the decay of [225Ac]Ac-DOTATATE and significantly different biodistributions between the labeled 225Ac product and free 213Bi are observed. Therefore, it is hypothesized that the radiochemical stability and biodistribution of recoiled daughters need to be characterized to better understand the potential toxicity resulted from injection of 225Ac -based TATs.
SRPT

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08:18 EDT Sarepta: FDA working towards accelerated approval for SRP-9001 for DMD treatment - Sarepta Therapeutics provided the following update on the Biologics License Application for SRP-9001, or delandistrogene moxeparvovec, which is currently under review for the treatment of ambulant individuals with Duchenne muscular dystrophy or DMD, who have a confirmed mutation of the DMD gene. Following discussions with FDA, the Agency has indicated that, subject to the completion of the BLA review, it is working toward potentially granting an accelerated approval for SRP-9001, initially for use in Duchenne patients ages 4-5 years old. EMBARK, the global, randomized, double-blind, placebo-controlled Phase 3 trial of SRP-9001, is the proposed confirmatory study. The Agency has informed Sarepta that, in addition to confirming the results of the initial BLA approval, if the trial meets its objectives the Agency intends to entertain a non-age-restricted expansion of the SRP-9001 label based upon the review of the EMBARK data. EMBARK is fully enrolled, with top-line results expected in the fourth quarter of 2023. The FDA has also informed Sarepta that it requires modest additional time to complete the review, including final label negotiations and post marketing commitment discussions, and that it anticipates that the review will be complete by June 22 . Sarepta will remain in a quiet period for the duration of the BLA review.
ABNB

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08:17 EDT Airbnb CFO sells $693K, Head of Hosting sells $265K in common stock - In regulatory filings, Airbnb disclosed that its CFO Dave Stephenson sold 6.5K shares and Head of Hosing Catherine Powell sold 2.4K shares of common stock on May 22nd in transaction sizes of $693K and $265K respectively.
APLD SMCI

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08:18 EDT Applied Digital, Super Micro Computer partner for AI cloud services - Applied Digital Corporation (APLD) announced that the Company is working with Supermicro (SMCI) to deliver Applied Digital's AI Cloud service. "We are in the middle of the most dynamic industry changes seen in decades, and it's exciting to be collaborating with a recognized industry leader like Supermicro to leverage their HPC expertise and support in the next wave of AI-powered applications," said Wes Cummins, CEO and Chairman of Applied Digital.
QNRX

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08:16 EDT Quoin announces 50% enrollment in open label Netherton Syndrome trial - Quoin Pharmaceuticals announces that its open label study evaluating QRX003 as a treatment for Netherton Syndrome has reached 50% enrollment. The company's open label study is investigating the safety and efficacy of QRX003 topical lotion in Netherton Syndrome patients who are currently receiving off-label systemic therapy, primarily biologic therapy, and is being conducted under an open Investigational New Drug. Quoin announced it had dosed the first patient in its clinical trial in March 2023 and has now dosed its fifth patient out of a total of 10 patients that are expected to participate in this single-arm study. Quoin Pharmaceuticals CEO, Dr. Michael Myers, said, "We are very pleased with the level of interest that our two clinical trials have generated. Reaching 50% enrollment for this, our open label study, is a very significant milestone and an important step forward for Quoin as we pursue the development of a safe and effective treatment for this devastating disease. We anticipate reporting top-line data from this study in the second half of 2023."
RANI

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08:15 EDT Rani Therapeutics appoints McKinley as Chief Business Officer - Rani Therapeutics announced that it has appointed Kate McKinley as its Chief Business Officer, CBO. Prior to joining Rani, McKinley was the Founder and Chief Executive Officer of Spark Outcomes, where she served as a fractional executive and corporate adviser for early-stage pharmaceutical, diagnostics, and health tech start-ups.
ALIM

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08:14 EDT Alimera Sciences completes recruitment for NEW DAY study - Alimera Sciences announces that it has completed enrollment for the company's NEW DAY clinical trial, a randomized, controlled, multi-center study designed to generate prospective data for ILUVIEN 0.19 mg as a baseline therapy in patients diagnosed with diabetic macular edema, DME. "We believe that this study is the largest head-to-head comparison of any corticosteroid therapy and anti-VEGF therapy in the treatment of newly diagnosed patients suffering from DME. From this study, we look forward to sharing data in early 2025, which we expect will support a change to the current paradigm of DME treatment, offering patients a first-line treatment option that can maintain vision longer with fewer injections than other therapies," said Rick Eiswirth, Alimera's President and Chief Executive Officer. "We continue to have great confidence in this study as our most recent PALADIN data further indicated that the benefits of ILUVIEN are realized earlier when used early in DME treatment. We would like to thank all the investigators, staff and patients who are participating in our NEW DAY Study."
PTC

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08:13 EDT PTC director sells $5.38M in common stock - In a regulatory filing, PTC disclosed that its director Blake Moret sold 40K shares of common stock on May 22nd in a total transaction size of $5.38M.
GEHC

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08:13 EDT GE HealthCare announces FES PET imaging recommendation in NCCN Guidelines - GE HealthCare announced that NCCN Guideline for clinicians and patients now recommend the use of FES PET for ER+ positive disease under certain circumstances during the systemic staging workup of patients with recurrent or metastatic breast cancer. GE HealthCare's Cerianna, available in the U.S., is the only FDA approved FES PET imaging agent. This inclusion in the NCCN Guidelines comes after the Society of Nuclear Medicine and Molecular Imaging, SNMMI, recently published Appropriate Use Criteria to guide referring and imaging physicians in appropriate use of estrogen receptor -targeted PET imaging with 16a-18F-fluoro-17ss Fluoroestradiol. "The latest NCCN Guidelines reflect the impact the Cerianna PET is starting to have in the care of patients with metastatic breast cancer," Dr. David Mankoff, Professor and Vice Chair of Research in radiology at University of Pennsylvania, commented. "As was the case for fluorodeoxyglucose PET, inclusion in the NCCN guidelines will help support access for Cerianna PET for patients with MBC and provides impetus for the medical community to define the clinical scenarios where Cerianna PET will be most helpful." "FES PET, like FDG PET, is now included in the NCCN Guidelines. We have an opportunity to use FES PET to assess ER function in all tumor sites in patients with ER+ metastatic breast cancer," Dr. Hannah M Linden, Breast Medical Oncologist, University of Washington and Fred Hutchinson Cancer Center in Seattle, Washington, said. "This is a helpful tool for diagnostic confirmation and may have the ability to aid in prognosis and prediction of clinical benefit from endocrine based therapies, including with CDK 4/6 inhibitors. We have many endocrine options now, and FES PET may identify patients who remain ER+ and thus potentially benefit from endocrine based therapy."
MTEK

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08:13 EDT Maris-Tech enters into agreement with major distributor in Turkey - Maris-Tech announced that it has entered into an agreement with IMCA Elektronik in Turkey, IMCA, a major distributor of products for defense, aviation, transportation, industrial and consumer electronics applications in Turkey. Pursuant to the agreement, Maris-Tech appointed IMCA as the Company's exclusive distributor in Turkey, and as such IMCA will promote and sell Maris-Tech products. "We are honored to have IMCA as our exclusive distributor in Turkey, promoting the sale of Maris-Tech's cutting edge and unique products in new territory with one of the most advanced defense industries in the world. Cooperation with IMCA, an established and experienced distributor, enables us to continue our international expansion with entry into Turkey's large and important market," said Israel Bar, CEO of Maris Tech.
IMMP

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08:13 EDT Immutep announces data from triple combination therapy in SIGHT-003 trial - Immutep announces new clinical data in 1st line non-small cell lung cancer from INSIGHT-003, an investigator-initiated Phase I trial conducted by the Frankfurt Institute of Clinical Cancer Research IKF. INSIGHT-003 is the first study evaluating eftilagimod alpha, a soluble LAG-3 protein and MHC Class II agonist, in conjunction with standard-of-care anti-PD-1 therapy and doublet chemotherapy. The triple combination therapy remains well-tolerated and continues to show promising initial efficacy signals attaining a 67% overall response rate and 91% disease control rate in advanced or metastatic non-squamous 1st line non-small cell lung cancer patients. Notably, 81% of patients had a PD-L1 Tumor Proportion Score of less than50%, who are less responsive to anti-PD-1 based therapy compared with PD-L1 high expressing patients. The 67% ORR regardless of PD-L1 expression and 65% response rate in patients with PD-L1 TPS less than50% for the triple combination compare favourably to reported results from a registrational trial of anti-PD-1 and doublet chemotherapy in the same patient population that yielded an ORR of 48% regardless of PD-L1 expression and a response rate of 40.8% in patients with PD-L1 TPS less than50%. Patients with high, low, and negative PD-L1 expression represent approximately 30%, 35%, and 35%, respectively, of the 1st line non-small cell lung cancer patient population. Low and negative PD-L1 expressors are less responsive to anti-PD-(L)1 therapy compared to patients with high levels or PD-L1 TPS of greater than or equal to50%. Unlike many immuno-oncology combinations that focus on high PD-L1 expressing patients, compelling clinical results to date from the TACTI-002 Phase II trial suggest that efti may be uniquely positioned to effectively address low and high PD-L1 expressors through chemo-free IO-IO combinations, and potentially the entire NSCLC patient population, regardless of PD-L1 expression, when adding the IO-IO-chemo triple combination. The INSIGHT-003 trial was recently expanded to enroll 50 patients across multiple sites based on the favourable safety and efficacy results, and additional data is expected to be presented at a major medical conference in H2 CY2023.
UCAR

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08:12 EDT U Power received notification of non-compliance from Nasdaq - U Power Limited announced that it received a notice of non-compliance from Nasdaq Stock Market on May 19, 2023, stating that, as a result of not timely filing its annual report on Form 20-F for the year ended December 31, 2022, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the U.S. Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of the Company's ordinary shares on the Nasdaq.
VRSSF

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08:11 EDT Verses Technologies announces technical breakthrough, patent filing for its AI - VERSES AI announces the filing of a patent application covering a milestone invention for automating the generation of intelligent software agents directly from data sets that can interact with both software and hardware systems, such as robots, drones, sensors, and actuators. With the goal of developing human-centered intelligent agents, VERSES has employed a "neuromorphic" approach to its AI research and software development based on neuroscience research known as Active Inference which simulates the brain's processes for learning and problem-solving. VERSES AI Inc.'s new invention is designed to streamline and automate the creation of 'intelligent agents' or digital taskmasters. The process begins by creating a structured representation of the world, known as an HSML graph, and transforming it into a blueprint for how the agent should behave. This patent application reflects the process of this standards-based AI agent generation and forms the basis for VERSES' ongoing advancements in the AI space. The technology is intended to be demonstrated in the Company's upcoming version of KOSM OS, an operating system for generating and running agents in the cloud or on devices or robotics systems as well as in GIA, their general intelligent agent personal service, expected to be released later this year.
BCAL

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08:09 EDT Southern California announces retirement of CCO Williams, Nutz to succeed - Southern California Bancorp announces that Anne Williams, Chief Credit Officer, CCO, of the Bank, will retire effective as of May 31, 2023. She will be succeeded as Chief Credit Officer by Peter Nutz, currently Executive Vice President, Credit Administrator of the Bank. Williams will remain as a member of the Board of Directors of each of the Company and the Bank. Prior to joining the Bank, Nutz was Executive Vice President, Chief Credit Officer at Suncrest Bank.
SAP...

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08:09 EDT Diageo announces partnership with SAP and IBM - Diageo (DEO) announces a five-year business transformation program in partnership with SAP (SAP) and IBM (IBM). This new initiative, which marks the company's most significant ever investment in technology and services, will redesign and improve Diageo's processes across the 180 countries where it operates. The programme will revolutionise Diageo's IT environment by introducing intuitive processes, powered by market-leading technology, to provide more information to enable the company to make better and quicker decisions. The programme involves a move to RISE with SAP S/4 HANA Cloud, with the support of IBM Consulting. Diageo's implementation of the new cloud-based model will ensure its IT infrastructure is simplified and supported in a unified way. IBM Consulting, which has been selected to lead the project, has a proven track record in the consumer sector and supporting client transformations and migrations to the SAP S/4 HANA Cloud platform. Diageo, SAP and IBM will work together to apply the latest technology to make Diageo's business more efficient.
CNNEF

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08:09 EDT Canacol Energy tests 22 MMSCFPD from Lulo 1 - Canacol Energy provides the following information concerning the new Lulo 1 gas discovery and near term drilling plans. Lulo 1 tests 22 MMscfpd: As announced on May 3, 2023, the Lulo 1 exploration well, located on the 100 percent operated VIM21 Exploration and Production contract, encountered 207 feet of net gas pay within the Cienaga de Oro sandstone reservoir. Lulo 1 was permanently tied in and production tested through the Jobo gas processing facilities located 50 meters away at an average rate of approximately 17 million standard cubic feet per day for 7 days. The well was tested at various rates ranging from 3.9 MMscfpd to 22.2 MMscfpd with the choke varying between 19/128 and 39/128 inches and a final tubing head pressure of 2,042 psi at the rate of 22.2 MMscfpd, and is currently producing at a controlled rate of approximately 17 MMscfpd. Lulo 2 drilling ahead: The Corporation commenced drilling of the Lulo 2 appraisal well on May 17, 2023, with the well anticipated to be completed and placed on production by the end of May 2023. It is anticipated that should Lulo 2 prove successful, the Lulo discovery, announced on May 3, 2023, will be capable of producing at a total rate of between 30 and 40 MMscfpd by early June 2023. Near term exploration plans: Upon completion of the Lulo 2 well, the Corporation will mobilize the rig to commence drilling of the Pina Norte 1 exploration well, located approximately 300 meters to the southwest of the Jobo production facility. The Pina Norte prospect, like Lulo, is one of 5 exploration prospects identified within the middle to lower CDO sandstone reservoir within very close proximity to the Corporations main production facilities at Jobo. If successful, as is the case for Lulo, these near field exploration prospects can each provide new commercial production within weeks of discovery. The Corporation expects results from Pina Norte 1 by mid July, 2023, following which the Corporation plans to drill the Cereza 1 exploration well located approximately 1 kilometer to the north of the Jobo production facility. Canacol's near term drilling focus is to increase productive capacity ahead of the upcoming El Nino season to ensure the adequate supply of natural gas to the Caribbean market.
GOVX

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08:08 EDT GeoVax Labs announces updates on next generation COVID-19 vaccine - GeoVax Labs announced the presentation of updates on the development of its next-generation SARS-CoV-2 vaccine, GEO-CM04S1, including preliminary data from an ongoing Phase 2 clinical trial, during the Vaccines Summit Boston 2023 and the Congress for the International Society for the Advancement of Cytometry, CYTO, 2023 meetings. Each of the presentations included unpublished data from the open-label portion of the Phase 2 trial of CM04S1 in patients undergoing hematological cancer treatment. The preliminary analysis indicated CM04S1 is highly immunogenic in these patients, inducing both antibody responses, including neutralizing antibodies as well as T cell responses. Kelly McKee, M.D., GeoVax's Chief Medical Officer, commented, "These data extend to severely immunocompromised patients our earlier findings in healthy adults that GEO-CM04S1 stimulated a robust, durable, and broad-based humoral and cellular immune response against multiple SARS-CoV-2 variants. Validation of these findings in additional patients with hematologic malignancies, who have received CAR-T and stem cell transplants, is underway as we seek to provide a vaccine solution to those individuals unable to mount adequate protective responses with currently available COVID-19 vaccines."
PLRX

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08:07 EDT Pliant Therapeutics presents data from its bexotegrast program - Pliant Therapeutics announced that it presented Phase 2a clinical data and preclinical data of bexotegrast this week as part of the American Thoracic Society, ATS, 2023 International Conference, held from May 19 through May 24, 2023. PLN-74809 Shows Favorable Safety and Tolerability and Indicates Antifibrotic Activity in a Phase 2a Study for the Treatment of Idiopathic Pulmonary Fibrosis. In an oral presentation, Lisa Lancaster, M.D., Professor of Medicine at Vanderbilt University Medical Center and principal investigator of the INTEGRIS-IPF Phase 2a trial, reviewed 12-week data from the trial. Results showed that bexotegrast was well tolerated across all four dose groups with bexotegrast-treated participants experiencing a reduction in forced vital capacity decline over 12 weeks versus placebo, on and off background therapy. A dose-dependent downwards trend was observed in the proportion of participants with forced vital capacity precent predicted decline greater than or equal to10%, a well-established predictor of death and disease progression in IPF. Combining Dual alphaVbeta6/alphaVbeta1 Integrin Inhibitor, PLN-74809, With Standard-of-Care Therapies Has a Synergistic Effect on Reducing Fibrogenic Gene Expression in Fibrotic Human Lung Slices. Fibrotic human precision-cut lung slices were cultured to investigate the individual and combined effects of bexotegrast and nintedanib or pirfenidone on the expression of genes related to the pathogenesis of idiopathic pulmonary fibrosis. Results from a differential gene expression analysis suggest the mechanism of action of bexotegrast may be both independent of, and complementary to, that of currently approved therapies. Dual alphaVbeta6/alphaVbeta1 Integrin Inhibitor PLN-74809 Attenuates Pathologic Fibroblasts in Human Fibrotic Lung Explant Tissue. Bexotegrast demonstrated reductions in pro-fibrotic gene expression within unique cell populations including on a number of CTHRC1-high expressing fibroblasts, pro-fibrotic genes, including COL1A1 and VIM, and in alphaVbeta6-expressing aberrant basaloid cells that reside adjacent to areas of acute lung injury. Results also demonstrated the utility of combining single cell transcriptomic techniques with fibrotic human tissue to evaluate the mechanism of action of novel anti-fibrotic therapies, such as bexotegrast.
SF

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08:07 EDT Stifel Financial reports total client assets of $406.6B as of April 30 - Ronald Kruszewski, Chairman and Chief Executive Officer, said, "Total client assets increased modestly over the prior month due primarily to the benefits of higher equity markets. Total client cash fell 3% in April driven by seasonal tax payments. We continued to see the benefits of our client cash initiatives as both Smart Rate & and money market mutual fund balances increased in April. Additionally, cash sorting activity has slowed in May. Our institutional business continues to face headwinds as decreased volatility has pressured the equity business and investment banking activity remains subdued."
ELOX

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08:05 EDT Eloxx Pharmaceuticals intends to advance ELX-02 into trial - Eloxx Pharmaceuticals announced that the company intends to advance ELX-02 into a pivotal trial for the treatment of Alport syndrome with nonsense mutations, following the achievement of remission in one patient in its Phase 2 clinical study. The patient demonstrated a significant reduction in urine protein creatinine ratio, UPCR, from baseline. Consistent with prior clinical studies, ELX-02 was well tolerated in this trial. Topline Results of ELX-02 Phase 2 Trial for Alport Syndrome : Eloxx has dosed three patients with ELX-02 in the ongoing proof-of-concept Phase 2 open-label clinical trial. Two patients have now completed dosing and the third patient is still receiving ELX-02. One patient that has completed dosing achieved a remission, defined as a UPCR decline greater than or equal to 50%. For this patient, five out of eight UPCR readings produced an average of 53% below baseline. Spontaneous reductions in proteinuria are not expected in this population, providing added weight to this result. The patient achieving remission also demonstrated a significant reduction in UPCR from baseline versus values collected over the treatment period. The UPCR value for week 6 was excluded from this analysis as it was deemed to be unreliable due to delayed processing over a holiday period, potentially resulting in protein degradation and inaccurate proteinuria readings. No significant change in UPCR was seen in the other patient that has completed 8 weeks of dosing. Both patients had the same Col4A4 mutation, but were being treated with substantially different levels of renin-angiotensin-aldosterone system inhibitors. Assessment of COL IV protein restoration remains ongoing as both patients had Col4A4 mutations and the kidney biopsy assay was designed to assess COL IVA5 protein expression. Consistent with previous clinical studies, ELX-02 has been generally well tolerated with no discontinuations to date. Kidney biopsies from both patients after 8 weeks of dosing demonstrated no evidence of nephrotoxicity, further demonstrating tolerability.
LSTA

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08:05 EDT Lisata Therapeutics increases target enrollment in Phase 2b ASCEND trial - Lisata Therapeutics announced protocol changes to the ongoing ASCEND trial, a Phase 2b trial evaluating LSTA1, Lisata's lead investigational drug, in combination with standard-of-care gemcitabine/nab-paclitaxel in patients with first-line, metastatic pancreatic ductal adenocarcinoma. The objective of the original ASCEND trial was to confirm, in a rigorous, controlled, double-blind study, the positive results of the Phase 1b/2a open label study evaluating LSTA1 in mPDAC patients receiving one dose of LSTA1 plus SOC. The amended protocol retains this objective while adding the goals of optimizing the dose of LSTA1 in this indication and establishing effect size for a possible Phase 3 study. The protocol amendment includes an additional cohort to assess whether a second dose solely of LSTA1, administered 4 hours after the original dose of LSTA1 plus SOC, will further improve efficacy and patient outcomes. The ASCEND trial is now a 155-patient, double-blind, randomized, placebo-controlled Phase 2b clinical trial being conducted at up to 40 sites in Australia and New Zealand, led by the Australasian Gastro-Intestinal Trials Group in collaboration with the University of Sydney and with the National Health and Medical Research Council Clinical Trial Centre at the University of Sydney as the Coordinating Centre. The trial is fully funded by Lisata through an unrestricted research support agreement. ASCEND, based upon Cohort A, has 80% power with 95% confidence to detect a 16% increase in the 6-month progression free survival rate in the experimental arm vs. the control arm. Additionally, the protocol prescribes a futility analysis to be conducted when 30 enrolled patients on the experimental arms have been followed for at least six months. Those results, as determined by an independent data safety monitoring committee, are expected to be announced during the third quarter of 2023. Trial enrollment completion is projected for the second quarter of 2024; however, current enrollment already exceeds 50% of the target, so earlier enrollment completion may be achieved.
FDMT

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08:04 EDT 4D Molecular presents interim data from 4D-710 Phase 1/2 AEROW trial - 4D Molecular Therapeutics announced an oral presentation of the interim data from the 4D-710 Phase 1/2 AEROW clinical trial for the treatment of cystic fibrosis lung disease at the European Cystic Fibrosis Society 46th Annual Meeting held in Vienna, Austria on June 7-10, 2023. 4D-710 is comprised of our targeted and evolved vector, A101, and a codon-optimized CFTRR transgene and is designed for aerosol delivery to achieve CFTR expression within lung airway epithelial cells. 4D-710 is being initially developed in the approximately 15% of patients whose disease is not amenable to existing CFTR modulator medicines targeting the CFTR protein. The oral presentation will be given by Jennifer Taylor-Cousar and will include clinical and biomarker data for Cohort 1 patients. Clinical data will focus on safety, tolerability, pulmonary function testing and respiratory-related quality of life assessments. The presentation will also include biomarker data on expression of the cystic fibrosis transmembrane regulator transgene protein from the endobronchial lung biopsies & brushings collected at week 4-8 after dosing.
GTEC

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08:03 EDT Greenland Technologies CEO acquires additional 66,500 shares of the company - Greenland Technologies Holding announced that its CEO, Raymond Wang, has purchased an additional 66,500 ordinary shares of the Company's in the open market for approximately $99,500. Following this transaction, Wang holds in aggregate, approximately 3.3% of the Greenland Technologies' public float.
AZTA

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08:02 EDT Azenta announces collaboration with Lupus Research Alliance - Azenta announced it has been selected by the Lupus Research Alliance and its clinical research affiliate Lupus Therapeutics to support the development of the patient registry component of the Lupus Nexus, which aims to advance and accelerate lupus research and drug discovery through information exchange capabilities. Azenta will serve as the exclusive sample management services provider including collection kit design, lab services, logistics, and biorepository storage for this transformational project.
LOW

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08:01 EDT Lowe's announces new one-stop shop concept - Lowe's announced a new one-stop shop concept designed to bring those customers located in rural areas across the country everything needed for farm and home with a wider offering of farm, ranch and outdoor products in up to 300 additional Lowe's stores by year end. The convenient one-shop concept is rolling out among selected stores, primarily in the South, Midwest and Northeast, throughout the summer. In these rural Lowe's locations, customers can expect to find broader product offerings in categories such as pet, livestock, trailers, fencing, utility vehicles, and specialized hardware.
NKLA

Hot Stocks

07:58 EDT Nikola encourages stockholders to vote for Proposal 2 - Nikola encourages all stockholders to vote now for Proposal 2, which would allow Nikola to increase its authorized number of shares of common stock. Approval of this proposal will help ensure that Nikola can continue moving forward to achieve new milestones on the path to pioneering solutions for a zero-emissions world. Without these additional shares, Nikola's ability to continue its ongoing operations and objectives, including Nikola's need for capital, will be out of reach. Stockholders as of the close of business on April 10, 2023, are entitled to vote, even if they no longer own the shares.
XPEV

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07:55 EDT XPeng sees Q2 total revenue RMB 4.5B-4.7B - Sees Q2 deliveries 21K-22K, down 36.1% to 39% vs. last year. "Going forward, our top priority remains to accelerate growth in sales and market share," said Dr. Hongdi Brian Gu, Honorary Vice Chairman and Co-President of XPENG. "As the upcoming G6 launch and other new product launches fuel rapid sales growth, we expect our cash flow from operations to improve significantly."
ASGOF

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07:54 EDT Asante Gold provides update on discussions with Fujairah - Asante Gold provides the following update regarding the previously disclosed, unsolicited, non-binding expression of interest from Fujairah Holding to acquire all of the Company's issued and outstanding common shares not held by Fujairah. Fujairah requested a 30 day extension to its exclusivity agreement with Asante, which has been in effect from May 8. Fujairah has advised that its technical due diligence process has been delayed due to inability of their consultants to conduct their site visit and complete this part of its due diligence process. While the Board welcomes the Fujairah offer, there are other financial opportunities of interest and Asante believes that another extension is not in the best interests of the Company. Asante will continue discussions related to other financial opportunities, while supporting the Fujairah due diligence process. Should a formal offer from Fujairah materialize, the Board would welcome this. The Board is committed to maximizing value for all shareholders and recognizes the offer price of C$2.20 per share is very low. It believes that granting further exclusivity to any one party for an extended period is not in the best interests of the process. On May 16, 2023, Asante announced that it had extended Fujairah's exclusivity until 5:00 p.m. on May 19, 2023 to provide additional time for Fujairah to complete its due diligence review. Although the Company has declined to extend Fujairah's exclusivity it continues to work with Fujairah to support completion of its due diligence review in connection with the Non-Binding Expression of Interest and a potential financing transaction.
ADI...

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07:46 EDT Analog falls 6% after Q3 EPS view and expectations of moderating revenue - Shares of Analog Devices (ADI), a manufacturer of integrated circuits, that leverage analog, mixed-signal, and digital signal processing technologies, are down approximately 5.5% in pre-market trading on Wednesday after guiding to to third quarter EPS view that missed analyst expectations. Analog sees Q3 EPS $2.42-$2.62 , missing consensus estimates of $2.65 per share. the CEO noted, "ADI continued to execute well in the second quarter with revenue growth for the thirteenth consecutive quarter and record earnings per share," said Vincent Roche, CEO and Chair. "Looking to the second half, we expect revenue to moderate given the continued economic uncertainty and normalizing supply chains. However, I am confident in ADI's ability to navigate short-term business cycles due to the strength and diversity of our franchise, our hybrid manufacturing model, and alignment to secular growth trends." The Fly notes that other publicly traded analog chip makers include Texas Instruments (TXN), Skyworks (SWKS) and NXP Semiconductors (NXPI).
NEXCF

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07:40 EDT Nextech3D.ai announces trade date of June 13 for Toggle3D.ai - Nextech3D.AI announces the eagerly anticipated spin-off of Toggle3D.ai. The expected trade date for Toggle3D.ai is June 13, 2023 of the Canadian Securities Exchange. Nextech shareholders of record will be issued an exclusive dividend of 4,000,000 newly issued shares in the revolutionary Toggle3D.ai, on a pro-rata basis.
GBARF

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07:39 EDT Monarch Mining reports results of last 6 holes from 2021-2022 drilling program - Monarch Mining reports the results of the last six holes from the 2021-22 drilling program, which totaled 11,194 meters in 31 holes, on its wholly-owned Swanson gold project, located 50 kilometers north of the Corporation's wholly owned Beacon mill. "The results from the remaining holes of the 2021-22 drill program continue to demonstrate the surprisingly widespread nature of the gold mineralization, extending below the proposed pit shell," said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. "Other anomalous intersections from these latest results continue to show that the mineralized system is open and more work is required on this project."
BKBEF

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07:38 EDT Pipestone to increase production volumes at Grande Prairie over coming days - Pipestone Energy Corp. provides an update to the Alberta wildfire impact on its Grande Prairie area operations. The company said, "As previously announced, approximately 20,000 boe/d of production was temporarily curtailed as a result of the precautionary shut-in of certain third-party infrastructure and associated operated producing locations on the evening of May 12, 2023. As a result of the outstanding efforts of local fire authorities and favorable weather conditions in the last few days, the fires that have been impacting a number of our third-party infrastructure and associated producing locations are now under control. We expect to increase production volumes over the coming days back to full productive capacity. The Company is not aware of any significant damage or loss to either its owned or third-party infrastructure and we would like to sincerely thank all of our staff, third-party infrastructure partners, local fire authorities and all those involved for their continued efforts in managing the ongoing wildfire situation."
PHIO

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07:38 EDT Phio Pharmaceuticals announces initiation of PH-762 clinical trial - Phio Pharmaceuticals announced its clinical development partner, AgonOx, in collaboration with Providence Cancer Institute, has completed the site initiation visit and can commence with patient accrual. The clinical trial will assess the safety and the potential for enhanced therapeutic benefit from the administration of Phio's PH-762 treated 'double positive', or DP, CD8 tumor infiltrating lymphocytes, or TILs, in patients with melanoma and other advanced solid tumors. The trial will be conducted at Providence Cancer Institute in Portland, Oregon, by Principal Investigator Brendan Curti, MD, Medical Oncologist and Robert W. Franz Endowed Chair for Clinical Research at the Earle A. Chiles Research Institute, a division of Providence.
OPRX

Hot Stocks

07:38 EDT OptimizeRx CEO provides 2023 midyear strategic update - OptimizeRx provides a 2023 mid-year strategic update commenting on: current revenue backlog, strategic roadmap with key pillars of growth, and long term financial performance aspirations through steady buildout of scalable, future proofed, enterprise solution suite. "Although we reported our financial earnings recently, I wanted to share in more detail what has me excited about our prospects... Midyear revenue backlog. Today, our mission and passion continue to power drug maker brand awareness with prescribing physicians through patient treatment initiation, affordability and adherence. These efforts are packaged in a comprehensive, best-in-class enterprise solutions suite. Having finished the first quarter of 2023 achieving $13 million in revenues, which was at the high end of revenue guidance, we are confident in our operational and financial visibility...Integrated engagement approach for all stakeholders. In spite of prolonged challenges with the macro-environment, coupled with the short-term noise of disengaged, standalone offerings from new competitors, we continue to future proof OptimizeRx's utility to customers. Driving this dynamic is our machine learning based approach to integrated engagement at point-of-care and beyond... Innovation and smart acquisitions currently driving growth. We spent two years developing our RWD.AI platform to extend engagement points with the same pool of prescribers outside the EHR and into care-adjacent digital settings such as social media where we have access to over 2 million HCP profiles and 90% of the nation's health system intranet/websites. Since acquiring EvinceMed, that gave us a modular automation architecture, purpose-built for specialty therapies, we have continued to stay ahead of the industry curve with innovations that have enhanced our smart, data-driven technology offerings, which now includes web display."
GTLL

Hot Stocks

07:37 EDT Global Technologies appoints Frederick Cutcher as CEO - Global Technologies announces the appointment of Fredrick Cutcher as Chief Executive Officer and Chairman of the Board of Directors, effective as of May 17, 2023. With his appointment as CEO of Global Technologies, Mr. Cutcher will spearhead the Company's strategic initiatives, focusing on expanding its footprint including exploring opportunities in the real estate and insurance sectors. Effective upon the appointment of Mr. Cutcher as an officer and director of the Company, Jimmy Wayne Anderson resigned in his role as an officer and director.
ITRN

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07:36 EDT Ituran approves distribution of 15c per share cash dividend - Ituran Location and Control announced that the Board of Directors approved the distribution of a cash dividend in the amount of 15c per share, totaling approximately $3M. The dividend will be paid to shareholders of record as of June 28. The company will pay the dividend out on July 12, net of taxes at the rate of 25%.
SHYF

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07:35 EDT Shyft announces Connected Coach tech now standard in MY24 Entegra motorcoaches - Spartan RV Chassis announces its Connected Coach technology, designed to enhance driver focus, minimize distractions, and increase confidence and comfort at the wheel, will now be standard on all Entegra Class A Diesel Luxury Motorcoaches for the 2024 Model Year, MY24. The driving experience is further elevated with Premier Drive, Spartan RV Chassis' proprietary suspension system, engineered to deliver superior handling, stability, and ride comfort with custom-tuned shocks and best-in-class wheel cut. "Our mission to enhance the luxury travel experience and provide the best to our owners and OEM partners continues with our MY24 lineup," said Daryl Adams, President and CEO of The Shyft Group. "Our expanded Connected Coach technology and Premier Drive system are prime examples of how we listen to our customers and innovate to meet their needs."
ENDP

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07:35 EDT Endo announces distribution agreement with MAIA Pharmaceuticals - Endo International announced that its subsidiary, Endo Ventures Limited, has executed an agreement with MAIA Pharmaceuticals to distribute bivalirudin injection in a ready-to-use 250 mg/50 mL single-use vial in the U.S. Endo will commercialize the FDA-approved product through its Par Sterile Products business and expects to begin shipping in summer 2023.
HI BX

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07:33 EDT Hillenbrand to acquire Schenck Process FPM business for $730M - Hillenbrand (HI) announced that it has entered into a definitive agreement to acquire the Schenck Process Food and Performance Materials business, a portfolio company of Blackstone (BX), for an enterprise value of approximately $730M. The transaction is expected to close during Hillenbrand's fiscal fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions. Headquartered in Kansas City, Missouri, FPM has over 1,300 global employees and sells to customers in over 150 countries, with approximately 85% of revenues generated in North America. FPM specializes in the design, manufacturing, and service of feeding, filtration, baking, and material handling technologies and systems that are highly complementary to the equipment and solutions currently offered in Hillenbrand's Advanced Process Solutions segment. FPM is expected to generate calendar year 2023 revenue of approximately $540M and approximately $68M of EBITDA. Upon closing, FPM will become part of the Advanced Process Solutions segment. Hillenbrand expects to use cash on hand and cash available under its revolving credit facility to fund this acquisition. Following the close of the transaction, Hillenbrand's projected net debt to adjusted EBITDA ratio is expected to be approximately 3.2x, with a plan to return to its communicated target net leverage range of 1.7x to 2.7x within 15 months after closing.
DFLI

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07:33 EDT Dragonfly Energy lithium batteries to be installed on new leisure travel vans - Dragonfly Energy has partnered with Triple E Recreational Vehicles to include Dragonfly Energy's lithium-ion batteries as standard equipment on all Leisure Travel Vans, a brand of Triple E RV, starting with the 2024 model year. Each 2024 Leisure Travel Van will include two Dragonfly Energy 12v 100Ah LiFePO4 batteries per unit, providing enough power for day-to-day usage without having to be connected to a power source. "Triple E RV was among Dragonfly Energy's first Original Equipment Manufacturers to offer lithium batteries as an option to the RV market," Wade Seaburg, Chief Revenue Officer for Dragonfly Energy, said. "We believe the conversion to lithium is undeniable and making our lithium-ion batteries standard on Triple E RV's Leisure Travel Vans is a big win for customers. We look forward to further partnerships with Triple E RV on their lithium journey."
EBIX

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07:30 EDT Ebix signs debt extension amendment with existing lenders - Ebix has signed an amendment to its existing credit agreement, extending the maturity date to September 30, 2023. Amendment No. 14 provides for, among other things, an extension of the maturity date for both the revolving line of credit and the term loan each as existing under the Credit Agreement. It was conditioned, among other things, upon the Company making a $5,000,000 payment of the Term Loan by June 30, 2023 and paying a customary consent fee which will be payable over time and partially waived if certain conditions are met. Amendment No. 14 also specifically provides for the application of a certain percentage of the proceeds from certain liquidity events towards payment of outstanding principal and interest obligations at that time. These events would include the mandatory public listing of the shares of the Company's subsidiary EbixCash Limited on the Indian stock market by July 31, 2023, the proceeds from the issuance of any additional debt and/or securities if raised by the Company and the proceeds from the monetization of any asset sale, if carried out by the Company. Amendment No. 14 increases the applicable margin for the facilities under the Credit Agreement to 7.50% per annum for SOFR loans and letter of credit fees, 6.50% per annum for base rate loans, and further increases the applicable margin for the facilities under the Credit Agreement on August 31, 2023 to 8.00% per annum for SOFR loans and letter of credits fees, and 7.00% per annum for base rate loans.
ADI

Hot Stocks

07:23 EDT Analog Devices: Longer term focus for data processing shifting 'to the edge' - "Longer term, the center of gravity for data processing is shifting from the cloud to the edge, thanks to emerging applications that include Industry 4.0, Smart Energy Systems, Electric Vehicles, Advanced Connectivity, and Immersive Consumer. ADI's alignment with these applications, where semiconductor content per dollar of capex is increasing, presents tremendous growth opportunities. I am excited for what our future holds as we continue to deliver breakthrough solutions at the Intelligent Edge for our customers," said Analog Devices management.
ZTEK

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07:22 EDT Zentek announces normal course issuer bid - Zentek announces that, subject to regulatory approval, it will conduct a normal course issuer bid. The Bid will be for up to 4,979,349 common shares of the Company over a period of one year, being approximately 5% of Company's issued and outstanding common shares of the Company's issued and outstanding common shares, with up to 1,991,739 common shares of the Company purchasable over any 30-day period within the Bid Period, being 2% of Company's issued and outstanding common shares. The Bid Period will commence on June 1st, 2023, and will continue until the earlier of May 31st, 2024, or the date by which the Company has acquired the maximum number of common shares which may be purchased under the Bid.
MOS

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07:21 EDT Mosaic announces $700M term loan facility - The Mosaic Company closed on a new $700M 10-year term loan facility through the Farm Credit System. Uniquely available to agribusiness participants, this facility provides attractive terms that include a delayed draw option and prepayment with no penalty. The initial interest rate under the agreement is 175 basis points over the Secured Overnight Financing Rate.
IE

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07:20 EDT Ivanhoe Electric closes acquisition of private land at Santa Cruz Copper Project - Ivanhoe Electric announced the closing of its previously disclosed private land acquisition at its Santa Cruz Copper Project in Casa Grande, Arizona. The terms of the Purchase and Sale Agreement for the acquisition of surface title and associated water rights are described in Ivanhoe Electric's May 11, 2023, news release. The final purchase price has been reduced by $3.63M compared to the amount previously disclosed to reflect an adjustment to the final acreage being acquired. The adjustment to the total acreage acquired of 5,975 acres is a result of final land surveys completed in the normal course of confirmatory due diligence. At closing, Ivanhoe Electric paid a total of $34.3M to the seller, which includes $5.1M of previously paid deposits. Ivanhoe Electric has also issued a secured promissory note to the seller in the principal amount of approximately $82.6M over a period of 4.5 years. The promissory note includes an annual interest rate of prime plus 1%. Ivanhoe Electric holds the option to acquire all the mineral titles contiguous with the acquired surface lands. Those mineral rights will be formally acquired upon the completion of scheduled payments by Ivanhoe Electric to the current mineral title holder in August 2023 and 2024. At that time, Ivanhoe Electric will have a unified land and mineral package encompassing the entire Santa Cruz Project.
ADI

Hot Stocks

07:19 EDT Analog Devices sees 2H revenue to moderate amid 'continued economic uncertainty' - "ADI continued to execute well in the second quarter with revenue growth for the thirteenth consecutive quarter and record earnings per share," said Vincent Roche, CEO and Chair. "Looking to the second half, we expect revenue to moderate given the continued economic uncertainty and normalizing supply chains. However, I am confident in ADI's ability to navigate short-term business cycles due to the strength and diversity of our franchise, our hybrid manufacturing model, and alignment to secular growth trends."
HSDT

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07:14 EDT Helius Medical to highlight PoNS Therapy at 2023 CMSC annual meeting - Helius Medical Technologies announces its participation in the prestigious Consortium of Multiple Sclerosis Centers, CMSC, Annual Meeting. Helius will spotlight its Portable Neuromodulation Stimulator device, which can improve gait deficit in people living with multiple sclerosis. Visitors to booth #101 will see the premiere of a new video that showcases the mechanism of action of PoNS Therapy and meet with company representatives to learn more about the therapy. This device delivers electrical impulses through nerve fibers on the tongue to stimulate the flow of neural impulses to brain structures that control gait and balance. This creates a cascade of activity in the brain that - when combined with an exercise regimen supervised by a physical therapist - produces a neuromodulatory and neuroplastic effect that can have a significant impact on the independence and personal productivity of people with MS.
PACW

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07:13 EDT PacWest sells Civic Financial Services unit to Roc360; terms not disclosed - Roc Capital Holdings on Tuesday announced it has purchased the origination assets of Civic Financial Services, a subsidiary of Pacific Western Bank. Under the terms of the transaction, CIVIC sold its origination assets to Roc360. Excluded from the sale are previously originated, loans and loan servicing operations. Roc360 will use the storied and trusted brand name CIVIC, which will join Roc360's growing portfolio of real estate brands, including Roc Capital, Finance of America Commercial, ElmSure, Wimba Title, and Tamarisk Appraisals. Piper Sandler and Company served as financial advisor to PacWest Bancorp in the transaction.
STHZF

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07:13 EDT StateHouse confirms extension of Series A debt obligations - StateHouse Holdings announced that as previously disclosed on December 30, 2022, the Company continues to engage in discussions related to potential future financing options. In addition, the Company's Series A debtholders have granted StateHouse a further extension to June 5, 2023, on repayment of the Company's outstanding debt obligations owing to the Series A Debtholders
TBCRF

Hot Stocks

07:11 EDT Timbercreek Financial announces normal course issuer bid - Timbercreek Financial announced that it has obtained the approval of the Toronto Stock Exchange to commence a normal course issuer bid with respect to its common shares. The NCIB will commence on May 26, 2023 and will terminate on the earlier of May 25, 2024 or the date on which the Company has purchased the maximum number of Shares permitted under the NCIB. Under the NCIB, the Company may, over a 12-month period commencing on May 26, 2023, purchase in the normal course through the facilities of the TSX in accordance with its rules or through alternative Canadian trading platforms up to a regulatory maximum of 8,305,467 Shares, such amount representing 10% of the public float of the Shares issued and outstanding as of May 15, 2023. Furthermore, subject to certain exemptions for block purchases, the maximum number of Shares that the Company may acquire on any one trading day is 30,248 Shares, such amount representing 25% of the average daily trading volume of the Shares for the six calendar months prior to the start of the NCIB, being 120,994 Shares. As of May 15, 2023, there were 83,775,016 Shares issued and outstanding. Under the normal course issuer bid which commenced on May 26, 2022 and terminates on May 25, 2023, the Company was authorized to purchase up to 8,330,591 Shares and purchased 230,000 Shares on the open market at a volume weighted average price of $7.35 per Share. Purchases made under the 2022 NCIB were made either through the facilities of the TSX in accordance with its rules or through alternative Canadian trading platforms. All Shares purchased under the 2022 NCIB by the Company were cancelled. The price which the Company will pay for any Shares under the NCIB will be the market price at the time of acquisition. During the period of the NCIB, the Company may make purchases under the NCIB by means of open market transactions or otherwise as permitted by the TSX. All purchases under the NCIB will be purchased on the open market through the facilities of the TSX and alternative Canadian trading platforms at the prevailing market price at the time of such transaction. Any Shares purchased by the Company will be cancelled. National Bank Financial will conduct the bid on behalf of the Company. The Company believes that the market price of its Shares may not, from time to time, accurately reflect their underlying value, making the purchase of Shares an attractive investment and an advantageous use of the Company's available funds. The Company expects that the purchase of Shares will benefit remaining shareholders by increasing their equity interest in the Company's assets.
KKR

Hot Stocks

07:11 EDT KKR Real Estate Select Trust names Julia Butler CIO - KKR announced that the Board of Directors of KKR Real Estate Select Trust has appointed Julia Butler to the newly created role of Chief Investment Officer of KREST. A veteran real estate investor and Managing Director at KKR, Ms. Butler is now on KREST's dedicated senior leadership team. She will oversee investment management for the Fund as it continues to scale its high-quality global portfolio of private real estate equity and credit investments and seeks to capitalize on opportunities in the current environment to create long-term value for investors. "We have built KREST to provide individual investors access to the full breadth of KKR's global real estate platform with a dynamic investment strategy designed to deliver attractive yield and long-term performance across different macroeconomic environments," said Ralph Rosenberg, Chairman of KREST and Global Head of KKR Real Estate. "We are committed to building a best-in-class management platform as KREST continues to scale. Julia is a senior leader of our real estate business with two decades of experience investing across the real estate capital structure as both an equity and credit investor. She has played an integral role in scaling KKR's real estate business to over $65 billion in assets under management and she will be a key contributor to the continued commercial success of KREST."
KKR

Hot Stocks

07:11 EDT KKR Real Estate Select Trust names Julia Butler CIO - KKR announced that the Board of Directors of KKR Real Estate Select Trust has appointed Julia Butler to the newly created role of Chief Investment Officer of KREST. A veteran real estate investor and Managing Director at KKR, Ms. Butler is now on KREST's dedicated senior leadership team. She will oversee investment management for the Fund as it continues to scale its high-quality global portfolio of private real estate equity and credit investments and seeks to capitalize on opportunities in the current environment to create long-term value for investors. "We have built KREST to provide individual investors access to the full breadth of KKR's global real estate platform with a dynamic investment strategy designed to deliver attractive yield and long-term performance across different macroeconomic environments," said Ralph Rosenberg, Chairman of KREST and Global Head of KKR Real Estate. "We are committed to building a best-in-class management platform as KREST continues to scale. Julia is a senior leader of our real estate business with two decades of experience investing across the real estate capital structure as both an equity and credit investor. She has played an integral role in scaling KKR's real estate business to over $65 billion in assets under management and she will be a key contributor to the continued commercial success of KREST."
BABYF WMT

Hot Stocks

07:10 EDT Else Nutrition expands product offering with Walmart - Else Nutrition (BABYF) announces that Walmart (WMT) has added both Toddler Organic and Toddler Omega to its shelves alongside the already available Super Cereal and Kids Shake products from Else. "We are very proud to have all three of our product lines on Walmart shelves, catering to parents of babies from six months to children of twelve years old looking for complete whole-plant nutrition," said Hamutal Yitzhak, CEO and Co-Founder of Else." As a result of this expansion, the company expects to reach many more customers in the Toddler category and to further grow its already national retail presence.
EVGN

Hot Stocks

07:10 EDT Evogene's Lavie Bio receives registration for Thrivus from CFIA - Lavie Bio, a subsidiary of Evogene, announced it had received registration for Thrivus from The Canadian Food Inspection Agency, which triples the product's sales territory. Thrivus, a bio-inoculant seed treatment, increases Hard Red Spring Wheat production by increasing the availability and efficiency of soil nutrients while mitigating environmental stresses and improving production in sub-optimal areas of farmers' fields.
CNC

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07:09 EDT Centene names Shannon Susko chief communications officer - Centene announced it has named Shannon Susko as its senior VP and chief communications officer. Susko will be responsible for Centene's communications function, leading the development and execution of all internal and external communications, overseeing corporate reputation and advancing communications strategy in support of the company's business objectives.
GTN

Hot Stocks

07:09 EDT Gray Television promotes Moran to Senior Managing Vice President - Gray Television announced the promotion of Matt Moran to Senior Managing Vice President, through which he will oversee a group of Gray's television markets in the Midwest, effective immediately. Matt has served as the General Manager of WOIO, WUAB and WTCL in Cleveland, Ohio, since December 2021 and as a Regional Vice President overseeing Gray's television stations in Binghamton and Watertown, New York, since August 2022.
VEEV

Hot Stocks

07:08 EDT Veeva products selected by Minaris Regenerative Medicine - Veeva Systems announced that Minaris Regenerative Medicine, a leading contract development and manufacturing organization, or CDMO, focused on cell and gene therapies, selected Veeva Vault QualityDocs and Veeva Vault Training to advance its global quality operations. Minaris Regenerative Medicine will use Veeva's unified quality applications to better collaborate with customers and partners, improve transparency across functions, and ensure compliance. The CDMO will use Veeva Vault Quality Suite applications to modernize its operations globally, including Vault QualityDocs to control access and distribution of content and Vault Training to create and manage role-based learning programs. By adopting connected applications on a single platform, Minaris Regenerative Medicine will streamline its global quality processes.
XRTX

Hot Stocks

07:08 EDT Xortx announces 180-day extension to regain compliance with minimum bid price - XORTX Therapeutics announces that on May 23, 2023 it received a notice from the Nasdaq Stock Market granting the Company's request for a 180-day extension to regain compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Rule 5550(a)(2). The Company was first notified by Nasdaq of its failure to comply with the Minimum Bid Requirement on November 22, 2022, and was given until May 22, 2023 to regain compliance. The Company now has until November 20, 2023 to meet the requirement.
KMDA PPBT

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07:07 EDT Kamada announces CFO Orlev to remain in role, appoint Livneh as VP - Kamada (KMDA) announced that following the recently announced $60 million private placement with the FIMI Opportunity Funds, which is expected to contribute to accelerating the growth of its existing business and allow the Company to pursue compelling business development opportunities, Chief Financial Officer, CFO, Chaime Orlev, who had previously planned to transition out of his role to pursue other opportunities, has withdrawn his resignation and will remain in his position. Orlev has served as Kamada's CFO since December 2017. Separately, the Company also announced that Nir Livneh, who previously served as its General Counsel and Corporate Secretary, from 2010-2018, has rejoined Kamada as Vice President, VP, General Counsel and Corporate Secretary, reporting to the Company's Chief Executive Officer, Amir London. Prior to rejoining Kamada, Livneh served as Vice President of Legal Affairs at Purple Biotech (PPBT).
RENN SFTBY

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07:06 EDT Renren announces repurchase of SoftBank Group shares - Renren (RENN) announced the repurchase of 288M ordinary shares of the company held by SoftBank Group Capital (SFTBY). On May 23, 2023, Renren entered into a share repurchase agreement with SoftBank, under which the company repurchased from SoftBank 152,870,520 Class A ordinary shares and 135,129,480 Class B ordinary shares of the company at an aggregate purchase price of $7,132,160, which is equivalent to $1.1144 per ADS. The company used cash on hand to complete the share repurchase and retired the ordinary shares purchased. The share repurchase was made under the company's current share repurchase program as previously approved by the board of directors of the company. Following the share repurchase, approximately $1.1M remains authorized and available for further repurchases, as conditions allow, on the open market or through privately negotiated transactions.
AKTS

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07:05 EDT Akoustis receives two new Wi-Fi 6E design wins - Akoustis Technologies announced that it has received two new Wi-Fi 6E design wins, one of which has already entered production for the European carrier market. The design win for the European carrier market uses the Akoustis 5.5 GHz and 6.5 GHz XBAW Wi-Fi 6E filters for access points that employ a 4X4 multi-user, multiple-in-multiple-out architecture to enable high data throughput and low latency. The second design win is with an existing tier-1 enterprise customer that is using multiple custom XBAW filters to enable a unique user experience sensor to test and monitor networks. Dave Aichele, EVP of Business Development at Akoustis, stated, "Our design win activity in Wi-Fi 6E remains one of the most significant drivers of revenue and unit growth for Akoustis." Aichele continued, "We have multiple consumer, enterprise-class, and now service-provider class Wi-Fi 6E customers. Additionally, we expect increased interest in our Wi-Fi 7 filter solutions as we iterate higher-performing versions of our existing standard products, introduce new products, including the recent sampling of our 5.6 GHz and 6.6 GHz Wi-Fi 6E/7 XBAW(R) solutions, offer customized solutions, and grow our foundry business across Wi-Fi and 5G mobile."
PLCE

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07:03 EDT Children's Place plans to close 80-100 stores in 2023 - The Company ended the first quarter of 2023 with 599 stores and square footage of 2.9 million, a decrease of 9% compared to the prior year. Consistent with the Company's store fleet optimization initiative, the Company permanently closed 14 stores during the first quarter of 2023 and has permanently closed 600 stores since 2013 and decreased total square footage by 2.4 million square feet or approximately 45%. The Company is planning to close a total of approximately 80 - 100 stores this year.
PWR

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07:00 EDT Quanta Services declares 8c per share dividend, $500M share repurchase program - Quanta Services announced that its board of directors has declared a quarterly cash dividend to stockholders of 8c per share, or a rate of 32c per share on an annualized basis. The dividend is payable on July 14 to stockholders of record as of July 3. Additionally, the board of directors, in support of management's request, has authorized a new stock repurchase program that authorizes the company to purchase, from time to time through June 30, 2026, up to $500M of its outstanding common stock. The new stock repurchase program will become effective on July 1 upon expiration of the company's existing stock repurchase program. Under the existing stock repurchase program, which was approved in August 2020, the company has acquired approximately 1.4M shares of its outstanding common stock in the open market for a total cost of approximately $155M.
PPG

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06:59 EDT PPG sees annual adjusted EPS growth 8%-12% through 2026 - The company shared details of its organic growth framework and expectations: established annual 2%-4% organic sales growth; annual adjusted EPS growth of 8% to 12% through 2026; and free cash flow of approximately $1B per year. "PPG is poised to leverage our diverse business portfolio to deliver industry-leading growth," said CEO Tim Knavish. "Going forward, we will intentionally invest in focused growth opportunities that enhance our customers' productivity and sustainability, elevate our customer relationships and expand PPG's technology leadership positions in the coatings industry. We will continue our heritage of cost management, consistent cash generation and focus on returning cash to shareholders, including through increased annual dividends." Knavish added, "Solutions that generate productivity and sustainability benefits for our valued customers are a key piece of our growth strategy. We've made strong progress against our 2025 sustainability goals and now are pleased to introduce ambitious 2030 Environmental, Social and Governance targets, including a sales target for sustainably advantaged products and greenhouse gas emissions reduction targets validated by the SBTi."
IAUX

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06:51 EDT i-80 GOLD to join Russell 3000, Russell Microcap Indexes - i-80 GOLD announced that, according to a preliminary list of additions posted on May 19, it is set to join the broad-market Russell 3000 and Russell Microcap Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26.
SPIR BKSY

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06:49 EDT Spire Global and BlackSky develop Maritime Custody Service - Spire Global (SPIR) and BlackSky (BKSY) have developed a real-time, commercially available Maritime Custody Service, or MCS, that can automatically detect, identify and track more than 270,000 vessels worldwide in open water, along rivers and canals, and while docked at port. The MCS uses data from Spire's radio frequency-monitoring satellite constellation to detect emissions from maritime targets, including the ability to detect and locate dark vessels that manipulate their reported position in order to conceal nefarious activities. Then, BlackSky's satellites automatically tip-and-cue to collect imagery and analyze the images using artificial intelligence to detect vessels, classify each vessel by type, and monitor change over time.
PYXS APGN

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06:47 EDT Pyxis Oncology to acquire Apexigen in all-stock transaction for EV $16M - Pyxis Oncology (PYXS) and Apexigen (APGN) announced a definitive agreement by which Pyxis Oncology will acquire Apexigen in an all-stock transaction for an implied value of 64c per Apexigen share. For each share of Apexigen, Pyxis Oncology will issue 0.1725 shares of its common stock, par value $0.001 per share, for a total enterprise value of approximately $16M. Upon closing of this business combination, Apexigen will become a wholly owned subsidiary of Pyxis Oncology. Pyxis Oncology's current stockholders will beneficially own approximately 90% of the combined company and Apexigen's stockholders will beneficially own approximately 10% of the combined company. The definitive merger agreement has been approved by the Boards of Directors of each company and is anticipated to close by mid-2023, subject to the satisfaction or waiver of customary closing conditions, including approval by the stockholders of Apexigen and the effectiveness of a registration statement on Form S-4 to register the shares of Pyxis Oncology common stock to be issued in connection with the transaction.
AVY

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06:47 EDT Avery Dennison promotes Deon Stander to CEO - Avery Dennison announced that its board of directors, as a result of a planned succession process, has elected the company's president and COO, Deon Stander, as president and CEO, effective September 1. Current chairman and CEO, Mitch Butier, will serve as executive chairman of the company's board of directors. Stander joined the company with its acquisition of Paxar Corporation in 2007. He has been president and chief operating officer since March 2022, previously having served as the leader of the Solutions business as well as in a number of other leadership roles based in Europe, Asia and North America. He earned his MBA from Lancaster University in the United Kingdom and his Bachelor of Commerce from the University of Port Elizabeth in South Africa.
CLVT

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06:44 EDT Clarivate reduces share repurchase authorization to $500M - Clarivate announced that, given its reduced debt profile, the company's board of directors has approved the extension of its share repurchase authorization through December 31, 2024, and reduced the authorization from $1B to $500M. Jonathan Gear, CEO of Clarivate, said, "The changes to the share repurchase program reflect our Board and management team's confidence in Clarivate's strategy, execution and commitment to allocating our significant free cash flow towards the Company's capital structure, investing for growth and returning capital to shareholders. Having made significant progress in reducing our leverage, we are now positioned to increase shareholder returns through the share repurchase program. We intend to execute against this $500 million authorization until the end of 2024, while continuing to strengthen our balance sheet and still achieving a leverage ratio of less than 4x net debt to EBITDA by the end of 2023."
BMO

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06:41 EDT Bank of Montreal increases quarterly dividend to C$1.47 per share - Bank of Montreal announced that its board of directors declared a quarterly dividend of C$1.47 per share on paid-up common shares of Bank of Montreal for the third quarter of FY23, a 4c, or 3%, increase from the prior quarter, up 6% from the prior year.
NVO

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06:36 EDT Novo Nordisk announces multi-target collaboration with Life Edit Therapeutics - Novo Nordisk and Life Edit Therapeutics, an ElevateBio company focused on next-generation gene editing technologies and therapeutics, announced a research and development collaboration to discover and develop gene editing therapies against a select set of therapeutic targets. "With a focus on advancing base editing capabilities, Novo Nordisk will leverage Life Edit's suite of gene editing technologies to precisely edit the genome with the aim of developing life-changing therapies for rare genetic disorders as well as more prevalent cardiometabolic diseases," the companies said. The collaboration between the two companies allows for development of up to seven programs. Under the agreement, Life Edit will receive an upfront cash payment and is eligible to receive potential development, regulatory, and commercial milestones of $335M U.S. dollars for each of the first two development programs under the collaboration and up to $250M for each of the following five development programs under the collaboration. Novo Nordisk will be responsible for all research and development costs and Life Edit is also eligible to receive tiered royalties on future net sales of therapeutic products. In addition, Life Edit has an option to a global profit share on one program. Moreover, Novo Nordisk will make an equity investment in ElevateBio, Life Edit's parent company, as part of ElevateBio's $401M Series D financing.
QTEK

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06:33 EDT QualTek Services announces restructuring transaction to reduce debt by $307M - QualTek Services announced a restructuring transaction that will position it to achieve long-term success in the telecom, renewables, and recovery logistics sectors. The restructuring transaction reduces the Company's debt by approximately $307M and provides $40M of additional liquidity, substantially improving the Company's balance sheet and financial position. To facilitate the financial restructuring, the Company and certain of its subsidiaries have filed voluntarily petitions for Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. QualTek expects significant support of its lenders through this process, including at least 85% of the Company's secured debt holders and approximately 80% of its convertible noteholders. The Company will be filing a Restructuring Support Agreement, or RSA, and Plan of Reorganization, which contemplates that, upon emergence from Chapter 11, there will be new ownership comprised of the Company's existing lenders and management team. The RSA provides a better roadmap for QualTek to emerge swiftly from Chapter 11 with a strong balance sheet and positioned to invest in growth. Under the terms of the RSA, the Company contemplates a $65M debtor-in-possession term loan financing facility, which will include a new money funding of $40M. Upon approval by the Court, the DIP Facility will provide the Company with the stability and liquidity needed to continue operations in the ordinary course of business and pay vendors during the reorganization.
AULT

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06:32 EDT Ault Inc.'s BitNile deploys 9,000 Bitcoin miners at its Michigan data center - Ault Alliance has announced its wholly owned subsidiary, BitNile, has deployed and energized approximately 9,000 of its Bitcoin miners at its Michigan data center. The company also announced that BNI has completed its full deployment and energization of 10,000 Bitcoin miners that are being hosted through its strategic collaboration with Core Scientific, a provider of high-performance blockchain computing data centers and software solutions.
INFY ADBE

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06:23 EDT Infosys announces digital collaboration with Adobe - Infosys (INFY) announced its collaboration with Adobe (ADBE) to transform the digital workforce through Infosys' online learning platform, Infosys Springboard, under its Tech for Good charter. Both organizations will aim to create over 10,000 new Adobe certified experts globally by 2025. Through this engagement, Infosys will help reskill and bridge the skill gap of aspirants by enabling free access to advanced digital learning content offered by Adobe on Infosys Springboard. Aspiring professionals as well as lifelong learners can explore their interests and access Adobe's curriculum to learn more about Adobe Experience Cloud. The collaboration will help deliver corporate learning experiences available on any device and create a pool of upskilled, aspiring professionals.
ABT...

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06:18 EDT Federal Trade Commission launches inquiry into infant formula crisis - The Federal Trade Commission staff launched an inquiry into the ongoing shortage for infant formula. The inquiry seeks information about the nature and prevalence of any deceptive, fraudulent, or otherwise unfair business practices aimed at taking advantage of families during this shortage. It also aims to shed light on the factors that have led to concentration in the infant formula market and the fragility of the supply chains for these crucial products. "We have been monitoring and will continue to monitor the ongoing infant formula shortage, which is causing enormous anxiety, fear, and financial burden for American families," said Chair Lina Khan. "The FTC is launching a public inquiry to identify the factors that contributed to the shortage or hampered our ability to respond to it. Learning from this experience can help determine how we can minimize the risk of similar shortages in the markets for other life-sustaining products." Publicly traded companies in the space include Abbott Laboratories (ABT), Nestle (NSRGY), Reckitt Benckiser (RBGLY). Reference Link
DY

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06:03 EDT Dycom sees Q2 revenue up mid-single digit from last year - The Company expects contract revenues for the quarter ending July 29 to increase mid-single digit as a percentage of contract revenues as compared to the quarter ended July 30, 2022. Non-GAAP Adjusted EBITDA as a percentage of contract revenues for the quarter ending July 29 is expected to increase 50 to 100 basis points as compared to the quarter ended July 30, 2022.
WMT

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06:03 EDT Walmart to pay California $500K to settle claims over sale of brass knuckles - California Attorney General Rob Bonta, along with Merced County District Attorney Nicole Silveira, Ventura County District Attorney Erik Nasarenko, and Yolo County District Attorney Jeff Reisig, today announced a settlement against Walmart over allegations that illegal weapons - specifically brass knuckles - were sold to California consumers by Walmart and by third-party sellers through Walmart's website. As part of the settlement, Walmart will pay $500,000 and be required to prevent the sale of illegal weapons, including by third parties, on its website. The announcement is the result of an investigation conducted by the California Department of Justice in partnership with the District Attorney's Offices of Merced, Ventura, and Yolo Counties. Reference Link
GLW

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05:11 EDT Corning announces 20% increase to display glass substrate prices - Corning is announcing a 20% increase to its display glass substrate prices. The global price increase will impact all regions, compositions, and glass Gen sizes beginning in the third quarter of 2023. This price adjustment is intended to offset ongoing elevated costs in energy, raw materials, and other non-yen denominated operational expenses during this period of extended inflation which has impacted many global industries, including the display industry. Corning expects growth in demand for display glass in the second half of 2023, driven by the continued recovery of the display industry and typical seasonal demand patterns.
LILM

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05:07 EDT Lilium to deliver six Pioneer Edition Jets to ASL Group - Lilium announced that it has signed an agreement with Benelux-based business jet operator ASL Group for the delivery of six Lilium Pioneer Edition Jets. The agreement, which includes deposit payments to Lilium, converts an earlier Memorandum of Understanding between the two companies, disclosed last year during the Farnborough International Airshow. ASL Group is a business jet operator in the Benelux, and the owner of the first electric aircraft in Belgium. ASL Group intends to manage and operate the aircraft for its customers as part of a sustainable, high-speed network connecting major hubs across Belgium, Netherlands, Luxembourg, and Western Germany.
GGR

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05:05 EDT Gogoro expands partnership with Bikebank in Korea - Gogoro announced it was expanding its partnership with Bikebank in Korea. The companies will introduce Gogoro Smartscooters and battery swapping to Korean consumers in Q3 2023 under the Dotstation brand, expanding their battery swapping network to seven additional cities beyond Seoul. Gogoro Smartscooters and battery swapping have been operating in Seoul for food deliveries since 2019.