Stockwinners Market Radar for July 31, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

AVDX

Hot Stocks

20:12 EDT Cathie Wood's ARK Investment bought 315K shares of AvidXchange today
PINS

Hot Stocks

20:12 EDT Cathie Wood's ARK Investment bought 121.4K shares of Pinterest today
CSL

Hot Stocks

19:45 EDT Carlisle exec sells $1.09M in common stock - In a regulatory filing, Carlisle disclosed that its CIT John Berlin sold 3,966 shares of common stock on August 28th in a total transaction size of $1.09M.
ALPMY

Hot Stocks

19:36 EDT China's Center for Drug Evaluation accepts Astellas' BLA for zolbetuximab - Astellas Pharma "announced that the Center for Drug Evaluation of the China National Medical Products Administration has accepted the Biologics License Application for zolbetuximab, a first-in-class investigational Claudin 18.2-targeted monoclonal antibody, for first-line treatment of patients with locally advanced unresectable or metastatic HER2-negative gastric or gastroesophageal junction adenocarcinoma whose tumors are CLDN18.2-positive. If approved, zolbetuximab would be the first CLDN18.2-targeted therapy available in China for these patients. The BLA is based on results from the Phase 3 GLOW and SPOTLIGHT clinical trials. The GLOW study evaluated zolbetuximab plus CAPOX compared to placebo plus CAPOX. In the GLOW study, 145 patients were randomized in mainland China. The SPOTLIGHT study evaluated zolbetuximab plus mFOLFOX6 compared to placebo plus mFOLFOX6. In the SPOTLIGHT study, 36 patients were randomized in mainland China."
TRUE

Hot Stocks

19:12 EDT TrueCar sees double digit revenue growth in Q4 - "Our priorities for the second half of the year are to continue to grow revenue, increase the number of transactions through TrueCar+ and reach breakeven or positive adjusted EBITDA in Q4 2023," the company said. "Despite a mixed environment where new car inventory is slowly rebuilding, affordability remains a concern and continuing challenges facing our independent dealers, we continue to anticipate double-digit revenue growth in the fourth quarter as compared to Q4 2022 and breakeven or positive adjusted EBITDA in the fourth quarter. To achieve breakeven or positive adjusted EBITDA in the fourth quarter, we will continue to focus on managing our expenses efficiently across three general cost buckets: (1) headcount; (2) marketing; and (3) other operating expenses. With our recent workforce reduction, which yielded approximately $20 million in annualized savings, exclusive of stock-based compensation, we expect headcount-related expenses to be relatively flat with the exception of some key hires, particularly within our sales organization. Within the marketing bucket, we expect quarterly expenses to be fairly flat to Q2 2023 as we continue to see a flow of healthy traffic even with a limited marketing budget. For other operating expenses, we also expect quarterly expenses to remain fairly flat to Q2 2023."
LAD

Hot Stocks

18:43 EDT Lithia & Driveway CFO Miller sells 2,000 common shares - In a regulatory filing, Lithia & Driveway CFO Tina Miller disclosed the sale of 2,000 common shares of the company on July 31 at a price of $310 per share.
GNW

Hot Stocks

18:11 EDT Genworth expands share repurchase program by $350M - Genworth's board authorized the company to repurchase an additional $350M of shares of its Class A common stock under its existing share repurchase program. As of July 31, 2023, approximately 52 million shares of Class A common stock had been acquired at an aggregate purchase price of approximately $264M since the inception of the company's share repurchase program in May 2022. After increasing the authorization, and as of July 31, 2023, an aggregate of approximately $436M will be available for purchase under the program. Repurchases under the authorized program will be funded from holding company capital, as well as future cash flow generation, including expected future capital returns from Genworth's ownership in Enact Holdings.
EVEX

Hot Stocks

18:09 EDT Eve Holding names Johann Bordais as new CEO - Eve Air Mobility announced that its Board of Directors has appointed Johann Bordais, current President and CEO of Embraer Services & Support, as Chief Executive Officer to be effective on September 1, 2023. Eve's co-CEOs, Andre Stein and Jerry DeMuro, will remain at Eve with new roles.
BSM

Hot Stocks

17:36 EDT Black Stone Minerals lowers FY23 G&A view to $53-$57 from $54-$58 - Lower FY23 DD&A $/Boe to $3.25-$3.50 from $3.50-$3.75. Reaffirms FY23 Mineral and royalty production view 35MBoe/d-37MBoe/d.
ANET

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17:31 EDT Arista Networks CEO says aiming for at least double-digit growth next year - In a Q/A session of the company's earnings call, CEO Jayshee Ullal said: "Rest assured that we are aiming for at least double digits (growth) next year."
BA

Hot Stocks

17:24 EDT Boeing awarded $115.14M Navy contract modification - Boeing was awarded a $115.14M firm-fixed-price order against a previously issued basic ordering agreement. This order procures initial spares and repair equipment for the MQ-25A Stingray aircraft in support of providing readiness, maintainability, and reliability of the aircraft starting with the first deployment. Work is expected to be completed in July 2026. FY23 aircraft procurement funds in the amount of $115.14M will be obligated at the time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
NOC

Hot Stocks

17:22 EDT Northrop Grumman awarded $387.81M Navy contract modification - Northrop Grumman was awarded a $387.81M fixed-price incentive, cost-plus-fixed-fee, firm-fixed-price modification to a previously awarded contract. This modification adds scope to provide non-recurring engineering efforts in support of the production of three unique configuration E-2D Advanced Hawkeye for the Government of France. Work is expected to be completed in December 2027. Foreign Military Sales customer funds in the amount of $330.27M will be obligated at the time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
LAC

Hot Stocks

17:21 EDT Lithium Americas vote in favor of separation of the company - Lithium Americas announced that shareholders have voted in favor of the separation of the Company into Lithium Americas and a new Lithium Americas pursuant to a statutory plan of arrangement at the Company's annual general and special meeting of shareholders held today. The Separation was approved by 98.85% of the votes cast by shareholders present or represented by proxy at the Meeting, as well as 98.78% of the votes cast excluding those of such shareholders who are required to be excluded pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Separation is targeted to become effective in early October 2023. Completion of the Separation remains subject to certain regulatory approvals and closing conditions. In connection with the approval of the Separation, the Company's shareholders also passed the resolution approving a new equity incentive plan for Lithium Americas with 90.17% of the votes cast at the Meeting in favor of the resolution.
OSK

Hot Stocks

17:21 EDT Oshkosh awarded $201.52M Army contract modification - Oshkosh was awarded a $201.52M modification to a contract for the Family of Medium Trucks. Work will be performed in Oshkosh, Wisconsin, with an estimated completion date of July 31, 2025. FY23 other procurement, Army funds; and Ukraine Security Assistance Initiative funds in the amount of $201.52M were obligated at the time of the award. Army Contracting Command is the contracting activity.
LMT

Hot Stocks

17:20 EDT Lockheed Martin awarded $501.71M Army contract modification - Lockheed Martin was awarded a $501.71M modification to a contract to manufacture and deliver an Air-to-Ground Missile System. Work will be performed in Orlando, Florida, with an estimated completion date of September 30, 2026. FY22 and FY23 procurement of ammunition, Army; 2021-2023 procurement, defense-wide; and 2010 Foreign Military Sales funds in the amount of $501.71M were obligated at the time of the award. Army Contracting Command is the contracting activity.
WHR

Hot Stocks

17:19 EDT Whirlpool CEO sells $2.86M in common stock - In a regulatory filing, Whirlpool disclosed that its CEO Marc Bitzer sold 20K shares of common stock on July 28th in a total transaction size of $2.86M.
LMT

Hot Stocks

17:18 EDT Lockheed Martin awarded $556.11M Army contract modification - Lockheed Martin was awarded a $556.11M modification to a contract for Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 production. Work has an estimated completion date of December 31. FY23 missile procurement, Army and Foreign Military Sales funds in the amount of $556.11M were obligated at the time of the award. Army Contracting Command is the contracting activity.
HLIT

Hot Stocks

17:15 EDT Harmonic falls 14% to $12.80 after Q2 earnings miss, below-consensus guidance
RMBS

Hot Stocks

17:13 EDT Rambus falls 8% to $57.66 after Q2 results
RAD

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17:11 EDT Rite Aid chief digital and technology officer Mennen to leave company - According to a regulatory filing, on July 28, 2023, Justin Mennen, the EVP and Chief Digital and Technology Officer of Rite Aid Corporation, ceased to be employed by the company, effective immediately. In connection with such termination of employment, the Company entered into a separation agreement and release with Mr. Mennen pursuant to which: Mr. Mennen waived his rights to severance benefits under his employment agreement with the Company dated December 7, 2018, and amended as of November 6, 2019, the Company agreed to pay Mr. Mennen $900,000 in a lump sum in consideration for the waiver and general release of claims and Mennen retained his right to a retention payment of $750,000 pursuant to the letter agreement between the Company and Mr. Mennen dated April 28, 2023, as previously filed as Exhibit 10.37 to its Quarterly Report on Form 10-Q on July 11, 2023.
CVI

Hot Stocks

17:11 EDT CVR Energy announces special cash dividend of $1.00 - CVR Energy announced a Q2 dividend of 50c per share. In addition, the Company announced a special dividend of $1.00 per share. The quarterly and special dividends, as declared by CVR Energy's Board of Directors, will be paid on August 21 to stockholders of record as of August 14. CVR Partners announced that the Board of Directors of its general partner declared a Q2 cash distribution of $4.14 per common unit, which will be paid on August 21, 2023, to common unitholders of record as of August 14.
AROC

Hot Stocks

17:07 EDT Archrock reports Q2 EPS 16c, consensus 14c - Reports Q2 revenue $247.54M, consensus $241.77M. "Exceptional execution drove Archrock's outstanding second quarter performance," said Brad Childers, Archrock's president and CEO. "With unwavering customer demand for our services, we achieved another all-time high fleet utilization of 95% at quarter end and record monthly revenue per horsepower in the quarter. Higher pricing and our continued focus on cost management drove an increase in our contract operations gross margin percentage of 450 basis points compared to the first quarter of 2023. In aftermarket services, we delivered year-over-year gross margin growth of more than 40%, the result of encouraging outsourcing trends for equipment maintenance as well as meaningful price increases."
CRC

Hot Stocks

17:05 EDT California Resources sees FY23 production 85-91 MBoe/d - CRC is reaffirming its total year 2023 total capital which is expected to range between $200 and $245 million with heavier weighting in the second half of the year due to timing of projects and higher expected workover activity and facilities projects. The program includes an expected $185 to $220 million of adjusted E&P, corporate and other adjusted capital and $15 to $25 million of adjusted CMB capital for carbon management projects. CRC is also narrowing its total year 2023 free cash flow guidance range to $380 to $460 million from $360 to $470 million. The Company plans to execute a 1 to 1.5 rig development program on average for 2023. Activity will focus on drilling new locations where CRC has permits and high return workovers. The capital plan also includes procuring long-lead time items for planned maintenance of our facilities in 2024.
VINE

Hot Stocks

17:01 EDT Fresh Vine receives NYSE American notice - Fresh Vine Wine announced that it received a Notice on July 27, 2023 from the NYSE American LLC stating that the Company was not in compliance with the continued listing standards as set forth in Section 803B of the NYSE American Company Guide, relating to the composition of its audit committee. On July 19, 2023, the Company's Board of Directors appointed Michael Pruitt, the Non-Executive Chair of the Company's Board of Directors, to serve as Interim Chief Executive Officer. As a result of such interim appointment, Mr. Pruitt ceased serving as one of two members of the Company's audit committee because he is not considered an independent director under Section 803A of the NYSE American Company Guide while serving as Chief Executive Officer. As a result, on July 27, 2023, the Company received the Notice, indicating that the Company was not in compliance with the NYSE American continued listing standards set forth in Section 801(h) and 803B(2)(c) of the NYSE American Company Guide because its audit committee was not comprised of at least two members.
ARVN PFE

Hot Stocks

16:46 EDT Arvinas & Pfizer win UK Innovation award in UK for Vepdegestrant - Arvinas (ARVN) announced that the U.K. Innovative Licensing and Access Pathway Steering Group, which consists of The All Wales Therapeutics and Toxicology Centre, WTTC , The Medicines and Healthcare products Regulatory Agency MHRA , the National Institute for Health and Care Excellence, NICE , and the Scottish Medicines Consortium SMC , has awarded an Innovation Passport to vepdegestrant ARV-471 , an investigational PROTAC ER degrader, for the treatment of patients with estrogen receptor +/ human epidermal growth factor receptor or HER 2- locally-advanced breast cancer or metastatic breast cancer. "This esteemed acknowledgment underscores our commitment to advancing medicine and delivering transformative solutions for patients," said John Houston, Ph.D., president and chief executive officer at Arvinas. "Arvinas is hopeful our investigational PROTAC ER degrader, vepdegestrant, will have the potential to be an endocrine therapy backbone for ER+/HER2-breast cancer." "The Innovation Passport designation opens the door for Pfizer and Arvinas to discuss access considerations for potential future indications for vepdegestrant," said Chris Boshoff, M.D., Ph.D., chief oncology research and development officer and executive vice president at Pfizer. "We look forward to an ongoing dialogue with regulators, health technology assessment agencies and other partners, supporting a timely review as we aim to bring this potential medicine to patients as quickly as possible."
TRUP

Hot Stocks

16:41 EDT Trupanion expands access through hospital group partnerships - Trupanion announced that following a series of newly signed agreements, it now has partnerships with more than 60 of the 100+ multilocation veterinary hospital groups in North America. In signing several preferred partners in 2023, more Trupanion members than ever before can have their pets cared for without the burden of filing a claim for reimbursement.
RYI

Hot Stocks

16:36 EDT Ryerson CEO says 'demand contraction' in later-cycle end markets - Eddie Lehner, Ryerson's President and CEO, said, "I want to thank all of my Ryerson teammates for their continued dedication to operating safely and productively, and I want to thank our customers for the opportunity to create and deliver better customer experiences which we never take for granted. Counter-cyclical industry conditions, particularly within our stainless-steel products franchise, arrived mid-quarter and were evidenced by industrial metals bellwether price index declines and demand contraction in Ryerson's later-cycle end markets. Counter-cyclical conditions as experienced during the second half of last year re-emerged in the second quarter of this year for a myriad of reasons. Shifting consumer spending patterns, higher interest rates, quieted but still present financial system stress and tightening as well as an economic recovery in China that has failed to materialize all contributed to a subdued manufacturing macro environment during the quarter. Ryerson is investing in and preparing for the next synchronized manufacturing upturn whose secular characteristics around the necessity of above trend growth in fixed-asset investment with greater supply-chain resiliency remain intact. We are confident that carrying our growth and operating model investments across counter-cyclical waters as expressed through our recent acquisitions, greenfield service centers and facility modernizations and capital expenditures around value-added fabrication as well as ongoing investments in digitalization, future-state systems and additive manufacturing will position Ryerson well for both the next cyclical upturn and the longer term secular growth in North American manufacturing activity that is underway. As we have during past counter-cycles, we will take out non-value-added costs, flex expenses down, and better optimize our industrial metals inventories as we move through the third quarter and back-half of the year."
DBVT

Hot Stocks

16:34 EDT DBV Technologies gets FDA design feedback on Viaskin peanut safety study - DBV Technologies announced the receipt of Written Responses from the FDA on key study design elements for the COMFORT or Characterization of the Optimal Management of Food Allergy Relief and Treatment, Toddlers and COMFORT Children supplemental safety studies in 1 - 3-year-olds and 4 - 7-year-olds, respectively, with a peanut allergy. The Company also reported financial results for the second quarter and the first half of 2023. The quarterly and half-year financial statements were approved by the Board of Directors on July 28. T
YUM

Hot Stocks

16:33 EDT Yum! Brands reaffirms 2023 targets - The company's fiscal year 2023 targets remain unchanged: To open approximately 1,100-1,300 net new stores. To make capital expenditures in the range of approximately $700M-$900M.
EBS

Hot Stocks

16:28 EDT Emergent BioSolutions awarded 10-year $121M BARDA contract - Emergent BioSolutions announced that it was awarded a 10-year contract by the Biomedical Advanced Research and Development Authority, or BARDA, part of the Administration for Strategic Preparedness and Response, or ASPR, within the U.S. Department of Health and Human Services, or HHS, valued at up to a maximum of $704M, for advanced development, manufacturing scale-up, and procurement of Ebanga, a licensed treatment for Ebola virus disease, or EVD. The 10-year contract consists of a base period of performance with two option periods for advanced development valued at approximately $121M, and option periods for procurement of Ebanga treatment over five years valued at up to $583M. If all option periods are exercised, the total contract value will be valued at up to approximately $704M. Under the terms of the contract, Emergent will complete activities to advance the development of Ebanga treatment through post-licensure commitments, including the transfer of technology as part of manufacturing scale-up, submission of a supplemental Biologics License Application to the FDA, and completion of stability studies.
ANET

Hot Stocks

16:28 EDT Arista Networks up 11% at $172.73 after Q2 earnings beat, above-consensus view
ZI

Hot Stocks

16:27 EDT ZoomInfo falls 20% to $20.29 after Q2 results, FY23 revenue guidance cut
SNPS

Hot Stocks

16:26 EDT Synopsys names Jill Larsen as Chief People Officer - Synopsys announced that Jill Larsen has joined the company as Chief People Officer, responsible for leading the Synopsys People and Workplace Resources organization. Larsen joins Synopsys from PTC, a $2B public industrial software company where she led a business, cultural and talent transformation as Chief People Officer.
QS WDC

Hot Stocks

16:25 EDT QuantumScape names Siva Sivaram president - QuantumScape (QS) announced the appointment of Dr. Siva Sivaram, President of Western Digital Corp. (WDC) and a veteran of the semiconductor and data storage industries, to the newly created role of President. In this position, Dr. Sivaram will oversee QuantumScape's technology and manufacturing groups as the company ramps up its transition from R&D to production. Just last week, QuantumScape announced it shipped updated prototype unit cells to automotive customers, locked in on the ~5 amp-hour QSE-5 cell as its target first commercial product, revealed it was working with a prospective launch customer on QSE-5, and completed equipment installation for its new fast separator production process. "We're thrilled to have Siva join the team," said QuantumScape CEO Jagdeep Singh. "There are very few people in the world who have run businesses with extremely high production volumes that also involve complex technologies and sophisticated manufacturing processes, and he is one of them. I'm delighted to work with him to help bring our vision to reality."
SYNA AVGO

Hot Stocks

16:25 EDT Synaptics enters new wireless deal with Broadcom - Synaptics (SYNA) announced that it has added new products and technologies to its wireless license agreement with Broadcom (AVGO) and extended its original 2020 exclusive rights in certain markets by three years to 2026. The deal adds Broadcom's Wi-Fi 7, Bluetooth 6.0, and Bluetooth Enterprise True Wireless Stereo IP to accelerate Synaptics' roadmap to meet the growing demand for robust IoT connectivity across an increasingly diverse range of applications such as home multimedia, automotive infotainment, security cameras, tablets, and audio headsets.
IBM MA

Hot Stocks

16:22 EDT IBM names Michael Miebach to board of directors - The IBM (IBM) board of directors has elected Michael Miebach to the board, effective October 30. Michael Miebach is the CEO of Mastercard (MA) and a member of its board of directors.
CRD.A CRD.B

Hot Stocks

16:21 EDT Crawford & Company raises quarterly dividend to 7c per share from 6c - On July 28, 2023, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared an increased quarterly dividend from $0.06 per share to $0.07 per share on both the Class A and Class B Common Stock, payable on September 1, 2023, to shareholders of record as of the close of business on August 18, 2023. The Board also authorized the Company to restart its share repurchase program and extend the program's termination date to December 31, 2024. The Board previously authorized a repurchase program in 2021 and there are 1,793,371 shares remaining to be purchased. Under this repurchase program, repurchases may be made in the open market or privately negotiated transactions, at such times and for such prices as management deems appropriate, subject to applicable regulatory guidelines. The new authorization does not obligate Crawford to acquire any stock, and purchases may be commenced or suspended at any time based on market conditions and other factors that the Company deems appropriate.
DT

Hot Stocks

16:20 EDT Dynatrace to acquire Rookout - The company states: "Dynatrace announced it has signed a definitive agreement to acquire Rookout, a provider of enterprise-ready and privacy-aware solutions that enable developers to quickly troubleshoot and debug actively running code in Kubernetes-hosted cloud-native applications. The addition of Rookout to the Dynatrace(R) platform will help developers accelerate innovation and delivery of flawless and secure releases."
AESI

Hot Stocks

16:19 EDT Atlas Energy raises quarterly dividend 33% to 20c per share - The Board of Directors declared a quarterly dividend of $0.20 per share of Class A common stock and a corresponding distribution of $0.20 per Unit for holders of Atlas Sand Operating, LLC Units.
ZI

Hot Stocks

16:18 EDT ZoomInfo board approves new buyback for up to $500M
FANG

Hot Stocks

16:18 EDT Diamondback Energy declares dividend of 84c per share - Diamondback announced today that the Company's Board of Directors declared a base cash dividend of $0.84 per common share for the second quarter of 2023 payable on August 17, 2023, to stockholders of record at the close of business on August 10, 2023.
FANG

Hot Stocks

16:16 EDT Diamondback Energy raises FY23 oil production view to 440 MBOE/d from 435 MBO - The second quarter of 2023 was characterized by volume outperformance, reduced operating and administrative expenses, decreased net debt, additional non-core divestitures and another increase to our base dividend. Further, we have line of sight to significant capex reductions through the remainder of the year, which will result in higher expected Free Cash Flow at current commodity prices. To summarize, we continue to execute across all facets of our business model. Production: Diamondback continued to execute and exceed expectations in the second quarter, with both oil and total production above the high end of our second quarter guidance ranges. As a result of this year-to-date outperformance and our continued confidence in the forward outlook, we are increasing our full year oil and total production estimates to the high end of their respective annual ranges. The midpoint of annual daily oil production moves to 261 MBO/d from 259 MBO/d, while the midpoint of annual total daily production moves to 440 MBOE/d from 435 MBOE/d. Oil production is expected to grow slightly in the second half of the year, with third quarter oil production projected to be 262 - 265 MBO/d . We anticipate we will continue to grow oil production organically at a low single digit annual pace next year with a similar level of activity to this year. This is primarily a result of the quality of the acreage we are developing on a large scale in the Midland Basin, combined with a high mineral interest across the development plan.
RWAY

Hot Stocks

16:16 EDT Runway Growth Finance CEO taking medical leave of absence - Runway Growth Finance Corp. released the following statement: "David Spreng, Chairman, President, and CEO of Runway Growth will be taking a temporary leave of absence from the company in order to undergo treatment for a medical condition. Management and the Board send their thoughts and best wishes to David and his family. Runway Growth's day-to-day operations will be uninterrupted. Thomas Raterman, CFO and COO of Runway Growth, has been appointed to acting President during David Spreng's leave, in addition to his current responsibilities. Greg Greifeld, Deputy CIO and Head of Credit of Runway Growth Capital, LLC, Runway Growth's investment adviser, has been appointed to acting CEO of Runway Growth. Julie Persily, Director and Chair of the Audit Committee, has been appointed to acting Chair of Runway Growth's Board of Directors and permanently elected as the company's Lead Independent Director. All three appointees have been with Runway Growth for over five years, fill important executive or governance positions currently, and possess deep institutional and industry expertise. The company will benefit from this continuation of leadership, and the executive team plans to advance Runway Growth's strategy in the weeks to come."
WWD

Hot Stocks

16:14 EDT Woodward up 9.5% after reporting Q3 earnings, raising FY23 guidance
GDEN

Hot Stocks

16:14 EDT Golden Entertainment increases share buyback authorization to $100M
GDEN

Hot Stocks

16:14 EDT Golden Entertainment declares $2.00 per share special dividend - The one-time cash dividend is payable on August 25, 2023 to stockholders of record as of August 11, 2023.
LNN

Hot Stocks

16:08 EDT Lindsay to acquire FieldWise, terms not stated - The company states: "Lindsay has acquired FieldWise, LLC, a market leader in agricultural technology products with a focus on subscription-based, precision irrigation solutions. Founded in 2008 and headquartered in Norfolk, Nebraska, FieldWise specializes in providing agricultural producers and their trusted service providers with innovative solutions."
FLR

Hot Stocks

16:05 EDT Fluor-led JV selected for I-35 NEX South project valued around $700M - Fluor announced that Lone Star Constructors, a Fluor-led joint venture, was selected as the design, construction and capital maintenance contractor for the Interstate 35 Northeast Expansion South Project in San Antonio, Texas, by the Texas Department of Transportation. Fluor expects to recognize the approximately $700M contract in the second quarter of 2023. Construction is scheduled to begin in 2024 and be completed in 2028.
INCY REPL

Hot Stocks

16:03 EDT Incyte, Replimune enter clinical collaboration for RP1 and INCB99280 in CSCC - Replimune (REPL) and Incyte (INCY) announced a clinical trial collaboration and supply agreement to study RP1, Replimune's lead product candidate, in combination with INCB99280, Incyte's small molecule oral PD-L1 inhibitor. Under the terms of the agreement, Incyte will initiate and sponsor the clinical trial of INCB99280 and RP1 in patients with high risk, resectable cutaneous squamous cell carcinoma (CSCC), with the clinical trial expected to initiate in early 2024. Replimune will supply Incyte with RP1 for the study and share equally in the costs of the study. "We are excited to enter into this collaboration with Incyte to explore the use of RP1 prior to surgery as we believe that our tumor-directed oncolytic immunotherapies could have a great impact in the neoadjuvant setting both in cutaneous squamous cell carcinoma (CSCC) and in other cancer types, given the high rates of complete responses we've seen to date, and data indicating RP1 is generally very well tolerated," said Robert Coffin, Chief Research and Development Officer of Replimune.
PLTR

Hot Stocks

16:01 EDT Palantir selected by DISA to automate spectrum coordination workflows - Palantir Technologies announced that it was selected by the Defense Information Systems Agency to support coordination between federal and commercial licensees of the 3450 - 3550 MHz spectrum band. Palantir will provide its software platform to enable end-to-end automation that will enhance coordination between the Department of Defense and commercial spectrum licensees for shared use of the 3450-3550 MHz band within cooperative planning area and periodic use area coordination zone boundaries.
RIO PAAS

Hot Stocks

15:42 EDT Rio Tinto to acquire 57.74% operating stake in Agua de la Falda for $45M - Rio Tinto (RIO) has agreed to purchase PanAmerican Silver's (PAAS) stake in Agua de la Falda, a company with exploration tenements in Chile's prospective Atacama region, and to enter a joint venture with Corporacion Nacional del Cobre de Chile, or Codelco, to explore and potentially develop Agua de la Falda's assets. Under the agreement, Rio Tinto will acquire PanAmerican Silver's 57.74% operating stake in Agua de la Falda for $45M and the grant of new smelter returns royalties. Rio Tinto will also acquire 100% of nearby concessions known as the Meridian Property for $550,000 and the grant of new smelter returns royalties. Codelco, which is the world's largest copper producer and is owned by the Chilean State, holds the remaining 42.26% of Agua de la Falda. The joint venture builds on an underground mining collaboration agreement between Rio Tinto and Codelco signed on October 12 2022. Agua de la Falda has previously been explored for precious metals with minimal modern exploration for copper. Analysis by Rio Tinto Exploration indicates it is prospective for new copper discoveries, which will now be the focus of the joint venture.
YELL

Hot Stocks

14:28 EDT Teamsters say served legal notice Yellow ceasing operations, filing bankruptcy - The Teamsters Union was served legal notice today that Yellow Corp. is ceasing operations and filing for bankruptcy, the union announced. "Today's news is unfortunate but not surprising. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government. This is a sad day for workers and the American freight industry," said Teamsters General President Sean M. O'Brien. Reference Link
COIN

Hot Stocks

14:19 EDT Coinbase says system issue identified, fix being implemented - Coinbase had said earlier: "Our systems are currently experiencing issues. While we work on a fix, your funds remain secure." The company issued an update that states: "The issue has been identified and a fix is being implemented." Reference Link
HCA

Hot Stocks

13:59 EDT EEOC sues HCA Healthcare for alleged discrimination and retaliation - HCA Healthcare, and its divisions Tennessee Healthcare Management, Inc. and GME Overhead, a for-profit corporation headquartered in Nashville, providing graduate medical education in over 2,300 health care facilities, violated federal law by refusing to promote an employee because of his age, race and national origin, the U.S. Equal Employment Opportunity Commission, or EEOC, charged in a lawsuit filed today, the Commission announced. The EEOC filed suit in U.S. District Court for the Middle District of Tennessee, Nashville Division, after first attempting to reach a pre-litigation settlement through its conciliation process. The EEOC seeks injunctive relief prohibiting the defendants from discriminating against their employees because of age, race, and national origin, and from retaliating against employees in the future, as well as monetary relief, the EEOC stated. Reference Link
NTRA NEO

Hot Stocks

13:46 EDT Natera files patent infringement suit against NeoGenomics - Natera (NTRA) has filed a lawsuit in the North Carolina Federal District Court against NeoGenomics Labs (NEO) for infringement of Natera's U.S. Patent Nos. 11,519,035 and 11,530,454 by NeoGenomics' RaDaR molecular residual disease assay. This lawsuit builds on Natera's current patent infringement lawsuit in the United States District Court for the District of Delaware related to RaDaR tests sold by Inivata, an affiliate of NeoGenomics. The company's filing of this new suit follows a recent jury verdict in favor of Natera in the U.S. District Court for the District of Delaware in the patent infringement suit it filed against ArcherDX/Invitae Corp.
COIN

Hot Stocks

13:25 EDT Coinbase says systems 'currently experiencing issues' - Coinbase said via its website, "Our systems are currently experiencing issues. While we work on a fix, your funds remain secure."
BRSH

Hot Stocks

13:10 EDT Bruush Oral Care announces 1-for-25 reverse stock split - Bruush Oral Care's board of directors has approved a 1-for-25 reverse split of its common shares primarily to comply with the Nasdaq's minimum bid price requirement. The consolidation is effective as of the close of business on July 31 and the company's common shares and warrants will trade on a post-split basis under the same symbols, BRSH and BRSHW, respectively, commencing with the opening of trading on the Nasdaq on August 1. As a result of the consolidation, every 25 common shares issued and outstanding will be exchanged for one common share. If any fractional common shares are created as a result of the consolidation, any fractional common share less than 0.50 will be cancelled and any fractional common share greater than 0.50 will be rounded up to the nearest whole common share. Immediately after the consolidation becomes effective, the company will have approximately 511,368 common shares issued and outstanding.
GSK

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13:08 EDT GSK reports FDA grants expanded approval of Jemperli - GSK plc announced that the U.S. Food and Drug Administration has approved Jemperli in combination with carboplatin and paclitaxel, followed by Jemperli as a single agent for the treatment of adult patients with primary advanced or recurrent endometrial cancer that is mismatch repair deficient, or dMMR, as determined by an FDA-approved test, or microsatellite instability-high, or MSI-H. The supplemental Biologics License Application, or sBLA, supporting this new indication received Priority Review and was approved ahead of the Prescription Drug User Fee Act action date, the company noted. Hesham Abdullah, Senior Vice President, Global Head of Oncology Development, GSK, said: "Today's expanded approval of Jemperli redefines the treatment landscape for patients with dMMR/MSI-H primary advanced or recurrent endometrial cancer. Until now, chemotherapy alone has been the standard of care with many patients experiencing disease progression. In the RUBY trial, Jemperli plus chemotherapy demonstrated a 71% reduction in the risk of disease progression or death versus chemotherapy in this patient population, providing a statistically significant and clinically meaningful benefit. These results and today's approval underscore our belief in the potential for Jemperli to transform cancer treatment as a backbone immuno-oncology therapy."
BRSH

Hot Stocks

13:06 EDT Bruush Oral Care announces 1-for-25 reverse sock split - Bruush Oral Care's Board of Directors has approved a 1-for-25 reverse split of its common shares primarily to comply with the Nasdaq's minimum bid price requirement. The Consolidation is effective as of the close of business on July 31, 2023 and the Company's common shares and warrants will trade on a post-split basis under the same symbols, BRSH and BRSHW, respectively, commencing with the opening of trading on the Nasdaq on August 1, 2023. Following the effectiveness of the Consolidation, the CUSIP number for the Company's common shares will be 11750K401. As a result of the Consolidation, every 25 common shares issued and outstanding will be exchanged for one common share. If any fractional common shares are created as a result of the Consolidation, any fractional common share less than 0.50 will be cancelled and any fractional common share greater than 0.50 will be rounded up to the nearest whole common share. Immediately after the Consolidation becomes effective, the Company will have approximately 511,368 common shares issued and outstanding. Additionally, the exercise price per common share attributable to the warrants will be proportionately increased, such that the exercise price immediately following the Consolidation will equal the product of twenty five multiplied by the exercise price per share immediately prior to the Consolidation. The number of shares immediately subject to the warrants, will equal after the Consolidation, 1/25th of the number of shares immediately prior to the Consolidation.
TYRA

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12:29 EDT Tyra Biosciences granted orphan status for achondroplasia treatment - The FDA granted Tyra Biosciences orphan status for its treatment of achondroplasia. Reference Link
PSTX

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12:28 EDT Poseida granted orphan status for transcarbamylase deficiency treatment - The FDA granted Poseida Therapeutics orphan status for its treatment of ornithine transcarbamylase deficiency. Reference Link
JDST

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12:00 EDT Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -7.8% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is down -7.8%, or -51c to $6.07.
MPX

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12:00 EDT Marine Products falls -9.4% - Marine Products is down -9.4%, or -$1.62 to $15.63.
XPEV

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12:00 EDT XPeng falls -14.1% - XPeng is down -14.1%, or -$3.30 to $20.09.
SST

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12:00 EDT System1 rises 17.9% - System1 is up 17.9%, or 48c to $3.15.
ACHR

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12:00 EDT Archer Aviation rises 29.4% - Archer Aviation is up 29.4%, or $1.40 to $6.18.
TUP

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12:00 EDT Tupperware Brands rises 42.6% - Tupperware Brands is up 42.6%, or $1.31 to $4.39.
APD

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11:48 EDT Air Products to increase production capacity at Manatee, Florida facility - Air Products will be making a significant investment to meet industry demand with increased winding capacity at its LNG equipment manufacturing facility located in Port Manatee, Florida. Air Products expects that this increase in capacity, coupled with new proprietary innovations in fabrication methods, will enable Air Products to improve equipment delivery schedules. Winding is a fabrication process for the internal components of coil-wound heat exchangers in which layers of tubes are wound around a central mandrel. This investment will increase Air Products' manufacturing capacity by almost 20 percent. This is on top of a previous expansion completed in 2019 that increased the facility's original capacity by 60 percent. Known for reliability and efficiency, Air Products' liquefaction process technologies and equipment are used to produce a majority of the total worldwide LNG.
FFIN

Hot Stocks

11:46 EDT First Financial announces renewal of stock repurchase plan - First Financial Bankshares announced the renewal of its existing stock repurchase plan. Pursuant to the renewed plan, the Company may repurchase up to 5,000,000 shares of its common stock, which represents approximately 3.5 percent of the Company's outstanding shares as of July 25, 2023, through July 31, 2024. The Board of Directors previously authorized the repurchase of up to 5,000,000 shares of common stock through July 31, 2023. The stock repurchase plan authorizes management to repurchase shares at such time and price as repurchases are considered beneficial to the Company and its stockholders. Any repurchase of shares will be made through the open market, block trades, or in privately negotiated transactions in accordance with applicable laws and regulations. Under the repurchase plan, there is no minimum number of shares that the Company is required to repurchase.
BP...

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11:39 EDT Senator Sanders, others urge DOJ to bring suits against ExxonMobil, Shell - Senator Bernie Sanders said in a tweet that, "Today, @SenWarren, @SenMarkey, @SenJeffMerkley and I sent a letter to Attorney General Garland urging the DOJ to bring lawsuits against the fossil fuel industry for its longstanding campaign to mislead consumers and discredit climate science in pursuit of massive profits. and other fossil fuel companies for their longstanding campaign to mislead consumers and discredit climate science in pursuit of massive profits." Sanders also shared two pictures of the letter that reads in part, "We write to strongly urge the Department of Justice to bring suits against the fossil fuel industry for its longstanding and carefully coordinated campaign to mislead consumers and discredit climate science in pursuit of massive profits. The actions of ExxonMobil, Shell, and potentially other fossil fuel companies represent a clear violation of federal racketeering laws, truth in advertising laws, consumer protection laws, and potentially other laws, and the Department must act swiftly to hold them accountable for their unlawful actions." Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).Reference Link
BP...

Hot Stocks

11:38 EDT Senators Sanders, others urge DOJ to bring suits against ExxonMobil, Shell - Senator Bernie Sanders said in a tweet that, "Today, @SenWarren, @SenMarkey, @SenJeffMerkley and I sent a letter to Attorney General Garland urging the DOJ to bring lawsuits against the fossil fuel industry for its longstanding campaign to mislead consumers and discredit climate science in pursuit of massive profits. and other fossil fuel companies for their longstanding campaign to mislead consumers and discredit climate science in pursuit of massive profits." Sanders also shared two pictures of the letter that reads in part, "We write to strongly urge the Department of Justice to bring suits against the fossil fuel industry for its longstanding and carefully coordinated campaign to mislead consumers and discredit climate science in pursuit of massive profits. The actions of ExxonMobil, Shell, and potentially other fossil fuel companies represent a clear violation of federal racketeering laws, truth in advertising laws, consumer protection laws, and potentially other laws, and the Department must act swiftly to hold them accountable for their unlawful actions." Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).Reference Link
STLD NEE

Hot Stocks

11:05 EDT Steel Dynamics signs RPPA with NextEra Energy subsidiary - Steel Dynamics (STLD) has signed a Renewable Product Purchase Agreement with a subsidiary of NextEra Energy Resources (NEE) for 308 megawatts of energy to be produced by a new wind farm project in Scurry County, Texas. The RPPA is the largest of its kind for the steel industry in North America. This project marks significant progress toward the company's decarbonization goals. Once operational, this wind farm project is expected to produce approximately 1.1 million MWh of electricity annually, equivalent to 16% of the company's steel mills' electricity usage in 2022, surpassing the company's 2025 goal of 10% renewable electricity and moving toward its 2030 goal of 30%. Additionally, this is expected to meaningfully contribute to the company's long-term reduction of Scope 2 greenhouse gas emissions intensity.
IZEA

Hot Stocks

11:03 EDT IZEA launches in South Korea - IZEA Worldwide announced its launch in the South Korean market. Senior Client Partner Seunghun Choi spearheads the expansion and will be pivotal in establishing an in-market presence in South Korea. Choi brings over 25 years of experience to the role and will focus on leveraging essential brand and agency relationships in Korea to drive growth through expanded partnerships.
CMCXF

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10:51 EDT CMC Metals intersects mineralization at Silverknife property - CMC Metals has intersected mineralization in the second hole drilled within the Silverknife prospect, north-central British Columbia. Mineralization has been observed in several intersections of limestones in the Kechika Formation and is characteristic of silver-lead-zinc "CRD style" mineralization. It comprises of manganese alteration, sphalerite, galena, and zincite. Examination of the core with XRF has also indicated the possible presence of manganese, other iron sulfides, zinc, lead, and possibly gold. Core is being prepared for assaying which will include testing for critical minerals such as germanium and gallium. The first hole intersected the contact between the sediments and the granite-granodiorite intrusive which is important as it indicates the possibility that the mineralization is resultant from the intrusion which provides the heat source for the movement of mineralized fluids into the overlying sediments. Approximately 700 meters of the proposed 3,000 meter drill program for the 2023 exploration season has been completed to date. The Silverknife property is located immediately west of the Silvertip Mine property owned by Coeur Mining. The Silvertip Mine is one of the highest-grade underground silver-lead-zinc deposits in the world. Mineralization in the area is known to be characteristic of carbonate replacement style deposits and recent modelling of the Silvertip deposit has postulated the possibility of mineralization occurring throughout the significant sedimentary package with thickness of up to 2,500 meters. Of interesting note is that Coeur also postulated on the prospectivity of other sediments deeper in the sedimentary package such as the Kechika Group as possible targets for "CRD" and critical minerals mineralization. CMC completed a gravity survey over the Silverknife Prospect which identified a significant gravity anomaly coincident with previous geophysical and geochemical anomalies. The Company is awaiting the geophysical report from Intelligent Exploration before providing any further comment. Plans are underway to continue drilling in the area to further define the extent of mineralization in the area of the prospect. The historic Silverknife Prospect which was subjected to drilling in the mid 1980's that identified significant CRD mineralization that was reported to remain open in several directions. 3-D modelling has shown that previous drilling on the Silverknife Prospect was conducted on the edge of the conductors and was in close proximity to the recently identified gravity anomaly. CMC has also completed two drill holes in close proximity to the gravity/conductivity anomaly just south of the Tootsee River and intersected granite-granodiorite intrusive rocks. No outcrops are observed in this area but immediately north of the intrusive and the Tootsee River, limestone sequences of the McDame Formation have been identified and are coincident with the gravity/conductivity anomaly. The presence of McDame limestones in close proximity to a heat source presents an ideal setting for CRD mineralization. Drilling north of the Tootsee River requires widening of existing trails in the area to permit accessibility by drilling equipment and work has begin on determining the most viable route to reach the exploration target area. This area will likely be targeted in the 2024 season as it is expected to take a couple of months to prepare the access road.
WBD

Hot Stocks

10:43 EDT Warner Bros. Discovery announces new strategy for Advertising Sales organization - Jon Steinlauf, Chief U.S. Advertising Sales Officer, Warner Bros. Discovery, announced a new strategy and structure for his Advertising Sales organization and leadership team. Under the new structure, advertising agency partners will work with dedicated WBD Sales leaders and teams providing them with direct access to Warner Bros. Discovery's entire portfolio of brands, including lifestyle, entertainment, sports, news and streaming under one umbrella. The new strategy also brings WBD's full suite of Advanced Advertising Sales solutions across the company's vast linear and digital platforms together in a more impactful way. The new agency-focused teams will be led by Marybeth Strobel and Greg Regis and will be responsible for sales across WBD's complete portfolio. Among the top six holding companies, Publicis, GroupM and Horizon Media accounts will sit with Regis, and Omnicom, Magna and Dentsu will be led by Strobel. Jon Diament will drive the ad and partner strategy with a dedicated team for the entirety of the hugely successful WBD Sports portfolio. He will also manage relationships and development with over 100 WBD clients who are official partners of the NBA, NCAA, MLB and NHL. Additionally, he will serve as the primary Ad Sales contact for internal stakeholders, including WBD Sports leadership and the General Manager of Bleacher Report, among others. Ryan Gould will now lead the Digital Team in a newly created role, and set the strategic direction of the company's suite of digital offerings, including Max, discovery+, WBD Stream and CNN digital. That team will also oversee the company's advanced advertising, programmatic sales and data strategy. Gould will also be the primary Ad Sales contact for WBD's internal streaming and direct-to-consumer leadership stakeholders. Sheereen Russell will oversee a new Client Partnerships team that will focus on client development and partnership strategy with key advertisers across the WBD linear and digital portfolio. This team will work more closely with other WBD divisions like theatrical, distribution, gaming and licensing for topline revenue optimization. She will also continue to lead the Inclusive Ad Sales Solutions team, supporting brands seeking diverse audiences in front of and behind the camera. Laura Galietta will continue to lead Integrated Advertising Sales Marketing across all WBD digital and linear platforms and genres, developing strategic alliances with clients across the WBD portfolio and overseeing the execution activation of customized multi-platform solutions that drive revenue and value. Robert Voltaggio will continue to lead Advertising Sales Revenue, Planning & Operations, for all US Networks and digital platforms, portfolio management, sales support, commercial operations and direct response for the company's entire portfolio. Andrea Zapata will continue to lead Ad Sales Research, Measurement, Data and Insights for the company's portfolio of linear and digital brands. She will also oversee marketplace intelligence, category and client insights, as well as outcome-focused research for advertisers. In addition, she will be responsible for WBD Ad Sales data strategy for the company's data-driven linear, addressable and convergence solutions. The new structure will roll out over the next several weeks and agency stakeholders will be contacted directly for their individual businesses. Steinlauf expects the newly formed team to be in the market by Labor Day.
MCOM

Hot Stocks

10:20 EDT Micromobility.com submits non-binding bid to acquire VanMoof - micromobility.com as submitted a non-binding bid to acquire VanMoof Amsterdam. The company said, "Micromobility's initial non-binding bid, demonstrating the company's strong commitment to its expansion in the micromobility market, was positively received. The company is now preparing to present its binding offer...Upon successful acquisition, Micromobility plans to leverage its advanced e-bike technology and successful subscription model to enhance the group's product offerings. The Company intends to continue investing in the e-bike segment, as it sees significant potential in this market in the coming years." The Company will release more information about the acquisition process as developments progress.
EVI

Hot Stocks

10:08 EDT EVI Industries to acquire ALCO Washer Center, terms not disclosed - EVI Industries executed a definitive agreement to acquire New Castle, Pennsylvania based ALVF dba ALCO Washer Center, a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. Through ALCO, EVI increases its customer base and expands its distribution and service footprint in the northeast region of the United States. Upon closing, ALCO will join EVI's Northeast Group. Consistent with EVI's operating philosophy, ALCO will continue to operate under its current name and from its present location, and have the full extent of EVI's resources with which to execute on various growth opportunities in its region. The completion of the ALCO acquisition will represent EVI's twenty-fifth acquisition of a family owned commercial laundry business. The transaction is expected to close upon the satisfaction of customary closing conditions.
BLKB

Hot Stocks

10:02 EDT Blackbaud announces strategic investment in AI startup Momentum - Blackbaud announced a strategic investment in Momentum, an AI-focused Blackbaud partner, graduate of Blackbaud's Social Good Startup tech accelerator program, and winner of Blackbaud's 2022 startup showcase. This investment in Momentum is one way the company is accelerating product delivery and focusing on the creation of AI capabilities embedded in Blackbaud solutions. With Momentum's integration with Blackbaud Raiser's Edge NXT, Blackbaud customers can optimize their fundraising and stewardship processes. Momentum, founded by behavioral scientists from Duke's Center for Advanced Hindsight, launched the first version of its solution in 2019. Key to Momentum's success is a focus on the use of AI to create fundraising tools that build lasting relationships between high impact charities and their donors. In its current release, the Momentum platform connects donor portfolios with automation and generative AI capabilities to deliver personalized first-draft communications and outreach recommendations directly to a fundraiser's email inbox. Customers using Momentum thus far have experienced a 400% increase in the number of personalized touchpoints their fundraisers could produce and an average of $60,000 per month in increased donations
FWAC

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10:01 EDT Fifth Wall Acquisition Corp III trading resumes
GOTU

Hot Stocks

10:00 EDT Gaotu Techedu falls -6.2% - Gaotu Techedu is down -6.2%, or -27c to $4.15.
MPX

Hot Stocks

10:00 EDT Marine Products falls -6.5% - Marine Products is down -6.5%, or -$1.12 to $16.13.
XPEV

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10:00 EDT XPeng falls -12.7% - XPeng is down -12.7%, or -$2.96 to $20.43.
SG

Hot Stocks

10:00 EDT Sweetgreen rises 12.6% - Sweetgreen is up 12.6%, or $1.77 to $15.87.
NEWR

Hot Stocks

10:00 EDT New Relic rises 13.4% - New Relic is up 13.4%, or $9.95 to $84.00.
ACHR

Hot Stocks

10:00 EDT Archer Aviation rises 13.6% - Archer Aviation is up 13.6%, or 65c to $5.43.
MYMD

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09:50 EDT MyMD Pharmaceuticals trading resumes
ACAX

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09:47 EDT Alset Capital Acquisition Corp trading resumes
QS

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09:47 EDT QuantumScape falls -5.8% - QuantumScape is down -5.8%, or -77c to $12.50.
GOTU

Hot Stocks

09:47 EDT Gaotu Techedu falls -5.9% - Gaotu Techedu is down -5.9%, or -26c to $4.16.
XPEV

Hot Stocks

09:47 EDT XPeng falls -10.9% - XPeng is down -10.9%, or -$2.56 to $20.83.
ACHR

Hot Stocks

09:47 EDT Archer Aviation rises 10.3% - Archer Aviation is up 10.3%, or 49c to $5.27.
SG

Hot Stocks

09:47 EDT Sweetgreen rises 11.0% - Sweetgreen is up 11.0%, or $1.56 to $15.65.
NEWR

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09:47 EDT New Relic rises 13.6% - New Relic is up 13.6%, or $10.05 to $84.10.
FWAC

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09:46 EDT Fifth Wall Acquisition Corp III trading halted, volatility trading pause
GNE

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09:45 EDT Genie Solar receives notice to proceed on solar generation project in NY - Genie Energy announced that its Genie Solar subsidiary has achieved the notice to proceed for a 6.25-megawatt company-owned community solar farm in Upstate New York. The Lansing community solar array is planned to include approximately 14,000 solar panels on nearly 20 acres. Once operating, the array will generate sufficient electricity to supply approximately one thousand local homes. The project is scheduled for completion in 2024. The start of power generation will be contingent upon testing of the interconnection and final approval from the regional utility, New York State Electricity and Gas. Genie Solar intends to be the long-term owner operator of the project.
KSCP

Hot Stocks

09:36 EDT Knightscope signs contract with healthcare organization for K5 ASR service - Knightscope announced that a California based healthcare organization signed a new contract for its K5 Autonomous Security Robot service at a San Francisco Bay Area hospital.
INTC

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09:35 EDT Intel, Flapmax partner to accelerate AI innovation in Africa - Flapmax announced its strategic partnership with Intel to foster AI innovation and drive economic empowerment in Africa. The collaboration will provide technology access, training, mentorship, and funding opportunities to entrepreneurs in emerging markets, starting with Africa, through the FAST Accelerator program. FAST is designed to help startups that are building cloud-based and AI-enabled products and services supporting communities, companies, and governments.
NAVB

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09:34 EDT Navidea to appeal potential delisting from NYSE American Exchange - Navidea Biopharmaceuticals announced it is intending to appeal potential delisting from the NYSE American Exchange. "Although the traditional exchange has been a part of Navidea's history and may be in the future, our strategy and approach remains resolute in the face of change. The company's progress is clear, and the impact of the changes we have made will continue to move us forward. Navidea will continue to focus on using our Fix, Fund Propel approach, our strategic vision to advance Navidea's innovative technology to market, and the delivery of value to our stockholders," said Josh Wilson, Director.
ENLT

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09:34 EDT Salt River Project, Clenera enter power purchase agreement - Salt River Project and Clenera announced a power purchase agreement for an additional 394 megawatt of clean energy at CO Bar Solar outside of Flagstaff, Arizona. This is the second agreement executed between Clenera and SRP at the CO Bar complex, and with both agreements, SRP has now procured nearly 800 MW of power from the project. Once operational in 2025, Clenera estimates CO Bar Solar will offset more than 4 billion pounds of carbon dioxide emissions each year. CO Bar Solar is a 1.2 GW landmark solar and storage complex being developed by Clenera, a subsidiary of Enlight Renewable Energy. The project, which is expected to be one of the largest in the United States, will occupy up to 2,400 acres on Babbitt Ranches private land in Coconino County. Construction on CO Bar Solar is set to begin in the fourth quarter of 2023 and is expected to reach commercial operation in phases throughout 2025.
BHVN

Hot Stocks

09:33 EDT Biohaven says taldefgrobep alfa receives EU orphan drug designation for SMA - Biohaven announced that it received orphan medicinal product designation from the European Commission for taldefgrobep alfa, a novel anti-myostatin adnectin, for the treatment of spinal muscular atrophy, or SMA. Irfan Qureshi, MD, Chief Medical Officer, Biohaven commented, "We are delighted that the European Commission granted orphan drug designation for taldefgrobep alfa for the treatment of SMA. Children and adults living with SMA experience significant muscle weakness and functional impairments affecting their quality of daily life, and a substantial unmet medical need persists. We are excited about the potential for taldefgrobep alfa to improve the lives of patients and families affected by SMA."
ACAX

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09:33 EDT Alset Capital Acquisition Corp trading halted, volatility trading pause
ISIG

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09:24 EDT Insignia Systems receives shareholder approval for sale of marketing business - Insignia Systems announced that its shareholders approved its previously announced agreement to sell its in-store marketing business to an affiliate of Park Printing at the Company's annual meeting of shareholders held on July 27, 2023. The Company expects the sale to close after the market close as of August 3, 2023. Following completion of the sale, the Company will be focused on building a scalable non-bank lending platform, which purchases existing loans and/or originates and funds new loans. In connection with the sale of the in-store marketing business, the Company announced that Kristine Glancy, the Company's President and CEO, will be departing from the Company at the end of August 2023.
MACE

Hot Stocks

09:22 EDT Mace Security completes convertible note offering - Mace Security closed its non-brokered private placement of unsecured convertible notes with board members and shareholders on July 27, 2023. The convertible notes have an aggregate principal amount of $590,000 and have a two-year term, 10% per annum simple interest and are convertible into common shares of the Company at a conversion price of $0.0852 per common share equivalent to a 20% premium of the share price in the last 60 trading days prior to the closing date. The Company expects to announce Q2 earnings on or before August 14th, 2023. The Company notes that it is in negotiations with its current bank lender for the extension of its line of credit maturity date from July 31, 2023 to September 30, 2023. The Company is in due diligence with other commercial lenders to secure a line of credit to replace its bank line of credit.
RMED VTAK

Hot Stocks

09:21 EDT Ra Medical Systems announces proposed name, ticker symbol change - Ra Medical Systems announced that its Board of Directors has approved changing the Company's corporate name to "Catheter Precision, Inc." The effective date of the name change is expected to be August 17, 2023. The Company has reserved the ticker symbol "VTAK" with the NYSE American, and the Company's common stock is expected to begin trading on the NYSE American under its new name and the new trading symbol effective as of the market open on August 18, 2023. The Company's new website will be unveiled shortly in conjunction with the name change. For now, investors can continue to visit www.ramed.com.
NEWR

Hot Stocks

09:19 EDT New Relic be acquired by Francisco Partners and TPG for $6.5B - New Relic announced that it has entered into a definitive agreement to be acquired by Francisco Partners, a global investment firm that specializes in partnering with technology businesses, and TPG, a leading global alternative asset management firm, for $87.00 per share in cash. The all-cash transaction values New Relic at an equity valuation of approximately $6.5Bn. The purchase price represents a premium of approximately 26% to New Relic's 30-day volume-weighted average closing price ending on July 28, 2023...Hope Cochran, Lead Independent Director of the New Relic Board, said, "We are pleased to have reached this agreement with Francisco Partners and TPG, which delivers significant, immediate value to shareholders. ors to transform New Relic at this pivotal time. The transaction was approved by the New Relic Board of Directors. New Relic shareholders Lew Cirne, JANA Partners LLC, and HMI Capital Management L.P., representing approximately 20% of New Relic's outstanding shares, have signed voting agreements in support of the transaction. As part of this transaction, Mr. Cirne will be rolling over approximately 40% of his beneficial shareholdings. The transaction is expected to close in late 2023 or early 2024.
UAMY

Hot Stocks

09:19 EDT US Antimony appoints Richard Isaak as CFO - United States Antimony announced the appointment of Richard Isaak as Senior Vice President and CFO. He succeeds Kelly Stopher who previously served as the Company's contract CFO. Mr. Stopher will remain as a consultant during the transition period. Rick served in several senior leadership roles including CFO, Chief Accounting Officer, Controller, Treasurer, and Head of Investor Relations at four different companies over 20 years including Panera Bread Company, Heritage Home Group, and Merric Millwork and Seating, and Catholic Charities.
TM KDDIY

Hot Stocks

09:17 EDT Toyota to tender part of holding of common shares of KDDI - Toyota Motor (TM) announced that TMC decided to tender a part of the common shares of KDDI (KDDIY) held by TMC in the tender offer for treasury shares by KDDI, which was resolved at a meeting of Toyota's Board of Directors. The number of shares to be tendered will be 64,102,500 common shares at a tender offer price 3,900 yen per share so that the total amount to be sold will be 249,999,750,000 yen, according to a notice from Toyota. Reference Link
AYTU

Hot Stocks

09:16 EDT Aytu BioPharma enters exclusive agreement with Medomie Pharma - Aytu BioPharma and Medomie Pharma announced the signing of an exclusive collaboration, distribution and supply agreement for Aytu's Adzenys XR-ODT and Cotempla XR-ODT product lines. Medomie will seek local regulatory approvals and marketing authorizations for both Adzenys and Cotempla. This agreement represents Aytu's first international commercial agreement for Adzenys and Cotempla.
WKEY

Hot Stocks

09:14 EDT WISeKey says WISeID solution offers secure platform for digital identities - WISeKey International announced that its WISeID solution offers a safer digital world to corporation and individuals, by protecting their data and privacy. As new digital technologies such AI and Quantum evolve and reshape the world, the concept of digital identity becomes increasingly important. The recent launch of WorldCoin project, where digital coins are exchanged for iris scans, has underscored the urgent need for clear user control and consent on how personal data, especially sensitive biometric information, is used. The unique and unchangeable nature of the iris raises severe potential concerns about privacy and the misuse of data. The lack of regulation in the crypto and blockchain sector adds to the risks of data misuse and security breaches. With a significant part of WorldCoin's user base expected to be disadvantaged individuals willing to trade their iris scans for funds, the potential for exploitation is high, setting a dangerous precedent.
MYMD

Hot Stocks

09:12 EDT MyMD Pharmaceuticals announces MYMD-1 met primary, secondary endpoints - MyMD Pharmaceuticals announced statistically significant topline results from its randomized Phase 2 study of oral TNF-a inhibitor, MYMD-1 in patients with chronic inflammation associated with sarcopenia, or age-related frailty. The study met its primary endpoints of significantly reducing chronic inflammatory markers in participants treated with MYMD-1. MYMD-1 has the potential to be the first drug approved by the FDA for sarcopenia, an age-related decline in physical function which leads to greater risk of hospitalization, disability, and death. The study met both of its primary endpoints, significantly reducing serum levels of three biomarkers, TNF-a, sTNFR1 and IL-6 and maintaining appropriate plasma concentrations and parameters in pharmacokinetic evaluations. The study also achieved all secondary endpoints related to safety and tolerability. There were no treatment-related adverse events, or AEs, or serious adverse events, or SAEs, over the course of the study. The Phase 2 multi-center double-blind, placebo controlled, randomized study was designed to investigate the efficacy, tolerability and pharmacokinetics of MYMD-1 in participants aged 65 years or older with chronic inflammation associated with sarcopenia/frailty, a condition linked to elevated levels of proinflammatory cytokines. Patients in the study were dosed weekly with MYMD-1 or placebo over a 28-day period. The study consisted of four dosing cohorts versus placebo. Full results from the study will be presented or published at a later date to be determined. The company plans to initiate discussions with the FDA regarding a Phase 3 study of MYMD-1 in sarcopenia.
CHDN

Hot Stocks

09:12 EDT Churchill Downs to resume live racing in September following safety review - Churchill Downs announced that Churchill Downs Racetrack will resume live racing for the regularly scheduled meet beginning September 14, 2023. The meet will take place following a temporary suspension of racing operations to conduct an internal safety review. Following a comprehensive evaluation of existing safety protocols and a thorough assessment of industry best practices, Churchill Downs has implemented several key enhancements to further ensure the safety and well-being of equine and human athletes. Key elements include: Infrastructure Upgrades: Analysis by multiple leading industry experts found no issues with the racing surfaces, however, to further maximize surface oversight and consistency, the Racetrack has invested in additional new surface maintenance equipment and committed to doubling the frequency of surface testing. Increased Veterinary Oversight: Additional resources will be added to CDI's highly qualified veterinary team to provide additional monitoring and specialized care for horses and assist in pre-race inspections and entry screening. Collaboration with Industry Experts: Work will continue with HISA and other industry experts to predict at-risk horses using up-to-date data and advanced analytic techniques. Establish Safety Management Committee: A new safety committee will be established consisting of horsemen designees, racetrack employees and veterinarians to candidly discuss concerns and observations to constantly provide real time feedback on areas of improvement.
CW

Hot Stocks

09:11 EDT Curtiss-Wright announces $250M U.S. Naval Defense contract - Curtiss-Wright Corporation announced that it has been awarded contracts valued in excess of $250M to provide propulsion valves, pumps and advanced instrumentation and control systems for the U.S. Navy's Virginia-class nuclear powered attack submarine, Columbia-class submarine and Ford-class aircraft carrier programs. The awards were received from Bechtel Plant Machinery BPMI and General Dynamics Electric Boat to support ship construction, spare parts and submarine back-fit procurements. "Curtiss-Wright is pleased to have been awarded these important naval defense contracts, building upon our long-standing relationship with the U.S. Nuclear Navy and reflecting our ongoing support of these critical naval defense platforms, which continue to receive strong Congressional support," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "We look forward to delivering the most advanced, reliable and vital technologies and remain well-positioned to benefit from the continued expansion of our U.S. naval fleet."
LPLA

Hot Stocks

09:11 EDT LPL Financial supports launch of Pinnacle Private Wealth Advisors - LPL Financial announced that financial advisors Matt Tabler, Mark Eberle and Mark Allison have joined LPL Financial to launch a new independent practice, Pinnacle Private Wealth Advisors. They chose to affiliate with LPL's supported independence model, LPL Strategic Wealth Services, and reported having served approximately $650 million in advisory, brokerage and retirement plan assets. They join LPL from Morgan Stanley.
PNT

Hot Stocks

09:10 EDT Point Biopharma, ITM expand global supply agreement for n.c.a. Lutetium-177 - ITM Isotope Technologies Munich and POINT Biopharma announced the expansion of their global supply agreements signed in 2020. The expanded agreement broadens the supply of ITM's non-carrier-added lutetium-177 to POINT to enable its usage in the clinical and potential future commercial development of the 177Lu-based molecules in POINT's development pipeline. Financial details of the agreement were not disclosed.
RSG

Hot Stocks

09:09 EDT Republic Services and Ravago announce creation of Bue Polymers - Republic Services and Ravago announced the creation of Blue Polymers, an innovative partnership that will help advance circularity in the plastics industry. Blue Polymers is developing a network of facilities designed to produce 100% post-consumer recycled products to supply plastic manufacturers' growing demand for sustainable solutions. The new facilities will utilize recycled polyethylene and polypropylene from Republic Services' Polymer Centers to create high-quality, recycled resin for consumer packaging and other applications. The process will convert high-density polyethylene and polypropylene into fully formulated products for use in both food-grade and non-food-grade sustainable applications. Four Blue Polymers facilities are planned to open over the next four years, beginning in late 2024. Combined, they're expected to produce 300 million pounds per year of recycled plastics. Products will include custom-blended and compounded materials for individual customers to help them achieve their sustainability goals and comply with federal, state or local requirements for recycled content. Additionally, a portion of rPET flake from Republic's Polymer Centers will be marketed and distributed by Ravago through its extensive customer network.
UPWK

Hot Stocks

09:08 EDT Upwork announces OpenAI Experts on Upwork - Upwork announced OpenAI Experts on Upwork, giving OpenAI customers and other businesses direct access to trusted expert independent professionals deeply experienced in working with OpenAI technologies. Upwork and OpenAI co-designed the program to feature talent adept at working with the OpenAI API platform and to draw from the 250 unique AI skills available on Upwork, including GPT-4, Whisper and AI model integration. With Upwork's marketplace, OpenAI is already leveraging talent from the Upwork platform to support its own innovation and growth, and quickly saw value in helping its customers connect to talent on Upwork, leading to the new partnership. Together, the companies identified the most common use cases for OpenAI customers - like building applications powered by large language models, fine-tuning models and developing chatbots with responsible AI in mind - along with the key skills required for success. The two companies also formulated a pre-vetting process for identifying AI experts who appear as part of the program.
FTNT

Hot Stocks

09:07 EDT Fortinet joins International Telecommunication Union - Fortinet announced it has become a member of the International Telecommunication Union Development Sector, which works to close the digital divide and drive digital transformation to leverage the power of ICTs for economic prosperity, job creation, digital skills development, gender equality, diversity, a sustainable and circular economy, and for saving lives. Fortinet will look to advance the ITU-D's cybersecurity and digital skills development priority areas in part by increasing access to the Fortinet Training Institute's award-winning certification program curriculum.
KYCH

Hot Stocks

09:07 EDT ZOOZ Power to go public via merger with Keyarch Acquisition - ZOOZ Power and Keyarch Acquisition announced that they have entered into a business combination agreement and certain ancillary agreements related thereto. Following the closing of the transaction, ZOOZ is expected to be publicly listed on Nasdaq under the symbol "ZOOZ", and will remain listed on the Tel Aviv Stock Exchange. After the closing, the merged company will continue to be called ZOOZ Power Ltd. The closing is expected to occur in the fourth quarter of 2023 and is subject to applicable closing conditions, including receipt of ZOOZ and Keyarch shareholder and regulatory approvals and a minimum of $10M net cash at closing, along with other customary conditions. Transaction values ZOOZ immediately prior to the closing at an agreed equity value of up to $100M, which reflects $60M at closing and up to $40M of additional contingent consideration through issuance of Earnout Shares following the closing upon ZOOZ's achievement of the applicable earnout milestones as set forth in the Business Combination Agreement. The transaction is expected to provide a minimum of $10M in net proceeds from cash held in Keyarch's trust account and/or other sources.
PRVA...

Hot Stocks

09:04 EDT Privia Health appoints David Wichmann, Pamela Kimmet to board of directors - Privia Health Group (PRVA) announced the election of David Wichmann and Pamela Kimmet to its Board of Directors, effective August 1, 2023. Jeff Bernstein, Managing Director of Goldman Sachs (GS), will resign from the Board effective August 1, 2023, following Goldman Sachs' sale of its ownership position in Privia Health through a secondary offering which closed on May 8, 2023. Wichmann served as CEO of UnitedHealth Group (UNH) from 2017 to 2021. Kimmet is the Chief Human Resources Officer of Manulife.
BSVN

Hot Stocks

09:03 EDT Bank7 increases dividend 31.25% to 21c - Bank7, the parent company of Oklahoma City-based Bank7, announced that its Board of Directors has declared an increase to its quarterly cash dividend to 21c per common share from the current 16c per common share. This dividend represents a 31.25% increase to the current dividend and is the fourth consecutive annual increase in BSVN's quarterly cash dividend. The dividend will be paid on October 10 to shareholders of record as of the close of business on September 26.
RKT INTU

Hot Stocks

09:02 EDT Rocket Companies says Varun Krishna to succeed Bill Emerson as CEO - Rocket Companies (RKT) announced that its Board of Directors has appointed accomplished fintech executive Varun Krishna as the company's CEO, effective September 5. Krishna will succeed Bill Emerson, who has served as interim CEO since June. Emerson will continue in his interim role until Krishna joins the company, and will remain on the Rocket Companies Board while also working with Krishna to ensure a smooth transition of leadership. Krishna has more than 20 years of experience building consumer platform strategies for leading global fintech companies. Most recently, Krishna served as Executive Vice President and General Manager, Consumer Group of Intuit (INTU).
BWV

Hot Stocks

09:02 EDT Blue Water Biotech, Knipper Health partner to distribute samples to physicians - Blue Water Biotech announced an agreement with Knipper Health to manage the inventory and distribution of product samples to sales representatives for ENTADFI and ZONTIVITY. As part of Blue Water's product roll-out plans, Knipper Health will oversee sample inventory and ship samples on request to the sales force in the field. This will help to expedite physicians' initiation of therapy for their patients while increasing familiarity with the products.
AMC

Hot Stocks

08:58 EDT AMC Entertainment achieves highest single-week admissions revenue - AMC Theatres announced it achieved its highest single-week admissions revenue in the company's entire 103-year history, during the Friday-Thursday film week, July 21-July 27. It was an admissions-revenue record for AMC's U.S. locations, as well as for all its theatres globally. AMC's single-week admissions revenue record was driven primarily by the opening performances of "Barbie" and "Oppenheimer", which continued with their moviegoer demand throughout their first full week of release. Last weekend, July 20-23, was AMC's busiest weekend since reopening theatres after their pandemic closures in 2020. Admissions revenues for the full week were not only the best since reopening, they also were the highest recorded admissions revenue for AMC in 103 years. During this past weekend, AMC had its third busiest weekend globally since theatres reopened from their pandemic closures in 2020. Admissions revenue was considerably more than double the admissions revenue for the same weekend last year. As part of AMC's single-week admissions revenue record, 65 U.S. AMC locations set their own new single-week box office records. This includes 13 AMC locations in the greater Los Angeles market.
CWT

Hot Stocks

08:57 EDT Washington Water Service receives approval from Washington commission - Washington Water Service has received approval from the Washington Utilities and Transportation Commission to increase annual revenues by $2.125 million, effective July 28, 2023, to reflect upgrades made to water system infrastructure and higher operating costs. Additionally, the Commission authorized funding-a portion of which is expected to be recovered in future years-for conservation programs, education, and outreach for the utility to help consumers use water more efficiently.
MEDS

Hot Stocks

08:55 EDT Trxade Health closes acquisition of Superlatus - TRxADE HEALTH announced the closing of the previously announced acquisition of Superlatus. Under the terms of the amended and restated agreement and plan of merger, shareholders of Superlatus received 136,441 shares of MEDS common stock, representing 19.99% of the total issued and outstanding MEDS common stock at the closing of the Merger, and 306,855 shares of a new class of MEDS non-voting convertible preferred stock with a conversion ratio of 100 to one, multiplied by such shareholder's pro rata percentage ownership. On July 28, 2023, TRxADE issued to the shareholders of TRxADE as of that date, including the independent directors who are entitled to certain amount of MEDS common stock in connection with their 2023 annual compensation and regardless of whether the common stock has been issued or vested before July 28, 2023 a non-transferrable right to receive one share of MEDS common stock at no cost, with seven MEDS Rights issued per share of common stock of TRxADE held as of July 28, 2023, conditioned upon their execution of a registration rights agreement. The MEDS Rights are not actionable or transferable until registration; provided they become transferable one year after the date of the merger if no registration has occurred. After the closing of the Merger, TRxADE had regained compliance with the $2,500,000 minimum stockholders' equity requirement set forth in the Nasdaq's listing rule 5550(b)(1).
MYMD

Hot Stocks

08:55 EDT MyMD Pharmaceuticals trading halted, news pending
GTHX

Hot Stocks

08:54 EDT G1 Therapeutics announces publication on real world impact of trilaciclib - G1 Therapeutics announced the publication of real world outcomes data from published and new unpublished studies showing the potential of trilaciclib to reduce single and multilineage myelosuppressive events associated with chemotherapy, cytopenia-related healthcare utilization, and hospitalizations in adults being treated for extensive stage small cell lung cancer. This review of real-world experience with trilaciclib was published in Advanced Therapy. The publication, entitled, "Real-World Outcomes of Trilaciclib Among Patients with Extensive-Stage Small Cell Lung Cancer Receiving Chemotherapy," was the result of a comprehensive literature review and synthesized published and new unpublished real-world studies of trilaciclib-treated and comparable non-trilaciclib-treated patients with ES-SCLC. Outcomes were compared qualitatively between the trilaciclib and historical non-trilaciclib reference groups, and between first line trilaciclib initiators and the overall trilaciclib population. Existing real-world studies in ES-SCLC consistently demonstrate that trilaciclib-treated patients had numerically lower prevalence of single and multilineage gradegreater than or equal to3 myelosuppressive HAEs and lower cytopenia-related healthcare utilization, in reference to comparable historical non-trilaciclib cohorts. The real-world outcomes associated with trilaciclib are consistent with clinical trials, despite a higher proportion of elderly population, poorer performance status, and variation in timing of initiation of trilaciclib in real-world studies. In all trilaciclib cohorts, the weighted average prevalence of gradegreater than or equal to3 myelosuppressive HAEs in greater than or equal to1 lineage,greater than or equal to2 lineages, and all three lineages was 40.5%, 14.5%, and 7.5%, respectively. All rates were numerically lower compared to the historical non-trilaciclib cohorts. Cytopenia-related healthcare utilization was lower in the trilaciclib cohorts. Trilaciclib patients also had numerically fewer all-cause hospitalizations and shorter length of stay in reference to the historical non-trilaciclib patients. In general, first-line trilaciclib initiators had numerically even lower myelosuppressive HAEs and also lower cytopenia-related healthcare utilization than the overall trilaciclib patients. Dose reduction and treatment delay were also evaluated in certain of the reviewed studies. Lower average rates of dose reduction and treatment delays were observed among patients receiving trilaciclib in reference to the historical non-trilaciclib cohorts.
MBIO

Hot Stocks

08:53 EDT Mustang Bio amends, closes manufacturing partnership transaction with uBriGene - Mustang Bio amended its previously announced asset purchase agreement with uBriGene and closed the transaction under the terms of the amended asset purchase agreement. Per the terms of the amended agreement, at closing, uBriGene acquired all of Mustang's assets primarily relating to the manufacturing and production of cell and gene therapies for upfront consideration of $6 million in cash. Mustang's lease to the premises in Worcester, Massachusetts where its state-of-the-art clinical- and commercial-scale cell and gene therapy manufacturing facility is located did not transfer at closing because such transfer requires the consent of the landlord, which has requested additional time to consider the proposed transfer. An additional $5 million contingent payment will be payable to Mustang upon Mustang's raising $10 million in gross proceeds from equity raises following the closing of the transaction and completion of the assignment of Mustang's lease to uBriGene, which remains subject to landlord's approval. Unless and until the lease is transferred to uBriGene, Mustang will retain its facility lease and facility personnel, and will continue to occupy the leasehold premises and manufacture there its lead product candidate, MB-106. The amended asset purchase agreement provides that Mustang will continue to work with uBriGene to secure the assignment of its manufacturing facility lease, which would complete the transfer of its facility to uBriGene as originally planned. The Company and uBriGene expect to complete their filing of a joint voluntary notice to obtain clearance for the transaction from the U.S. Committee on Foreign Investment in the United States no later than August 31, 2023. It is expected that CFIUS may take up to 90 days to complete its review, after which Mustang's landlord has informed the Company that it will require an additional 30 days to review the request for consent to assign the lease. If, after 120 days from the date of closing, the lease has not transferred to uBriGene, uBriGene may request the parties use their best commercial efforts to negotiate in good faith a repurchase by Mustang of the transferred assets and assumed liabilities acquired on the date of closing. Under the terms of the amended asset purchase agreement, the lease of the facility and related contracts are to be transferred to uBriGene within three business days following receipt of the landlord's consent to the proposed lease transfer, and Mustang employees who support the transferred operations and have accepted offers of employment with uBriGene will become employees of uBriGene effective on the date that is 30 days following the completion of the lease transfer. At closing, Mustang and uBriGene also entered into a manufacturing services agreement, under which Mustang contracted uBriGene to manufacture Mustang's lead product candidates. This includes the manufacturing of MB-106, the Company's first-in-class CD20-targeted autologous CAR T therapy, for the ongoing multi-center Phase 1/2 trial in patients with non-Hodgkin lymphoma and chronic lymphocytic leukemia. Pending the landlord's determination regarding transfer of the facility lease to uBriGene, Mustang and uBriGene also have entered into a second manufacturing services agreement, under which Mustang will serve as uBriGene's contract development and manufacturing provider and will continue to manufacture MB-106, as well as potentially other cell and gene therapies, in exchange for compensation to be equal to Mustang's operating costs associated with the performance of such services. The upfront proceeds from the transaction and recent reductions in operating expenses relating to Mustang's portfolio along with resource optimization are expected to extend the Company's cash runway into early 2024. The Worcester facility is a 27,000 square foot, cutting-edge cGMP facility supporting process development, manufacturing and analytical testing, designed with the flexibility to expand and support various cell and gene therapy production requirements and capacities. Upon transfer of the lease to uBriGene, Mustang's headquarters will relocate to 1 Mercantile Street, in Worcester, MA.
GTLL

Hot Stocks

08:51 EDT Global Technologies completes property acquisition - Global Technologies announces the successful completion of the acquisition of a 250,000 square foot industrial facility, located within a 25-acre property in Georgia. Having acquired this prime commercial and industrial space, previously utilized as a manufacturing plant, Global Technologies is now poised to explore the property's highest and best use.
POWW

Hot Stocks

08:50 EDT AMMO CEO sees 'considerable progress in the quarters ahead' - AMMO issued a Letter to Shareholders from CEO Jared Smith, which read in part, "I am pleased to communicate directly with you as AMMO, Inc.'s new Chief Executive Officer and want to take this opportunity to share the many developments that have occurred over the past six months and the future we envision for AMMO and GunBroker.com. I would like to begin by acknowledging AMMO Inc.'s Executive Chairman Fred Wagenhals and thank him on behalf of our leadership team and Board members for his innumerable and invaluable contributions over the past seven years. I look forward to learning from his impeccable entrepreneurial instincts and drive. I would also like to acknowledge all of our employees for their hard work and our investors for their continued patience. To our employees: this change has not been easy and current market conditions have made this transition even tougher. We have a very bright future, and I believe our team is now aligned to execute on a set of principles and goals that will drive long term shareholder value. To our investors: I ask that you maintain your faith in AMMO's vision. We are now starting to execute on that vision while quickly making the changes necessary to win and maintain your confidence. We anticipate considerable progress in the quarters ahead through careful execution under three major categories: alignment and commitment from management; expansion of the reach and positioning of GunBroker.com; and enhancing our margins, operational prowess, and brand strength for our AMMO division...We are grateful for our shareholders' interest and support of AMMO and our singular goal remains that our long-term and supportive shareholders realize the full potential of these amazing businesses, which will be reflected in our future financial performance and the share price."
TTOO

Hot Stocks

08:48 EDT T2 Biosystems receives extension to comply with Nasdaq listing requirements - T2 Biosystems announced that the Nasdaq Hearings Panel has granted the Company's request for an extension through November 20, 2023, to evidence compliance with Nasdaq's minimum bid price and market value of listed securities requirements, as set forth in Nasdaq Listing Rules 5550(a)(2) and (b)(2). To satisfy the Rules, the Company must evidence a closing bid price of at least $1.00 per share and an MVLS of at least $35 million for a minimum of ten consecutive business days by November 20, 2023. If the Company is able to do so within the prescribed time period and satisfies all other applicable criteria for continued listing, the matter will be closed. During the extension period, the Company will continue to actively monitor its stock price and MVLS while it considers all options available to it and to take action, if necessary and as deemed appropriate by the Company's board, to remedy the deficiency, including potentially effecting a reverse stock split. There can be no assurance, however, that the Company will be able to timely comply with the terms of the Panel's decision.
HTBI

Hot Stocks

08:47 EDT HomeTrust Bank appoints Megan Pelletier as chief operations, people officer - HomeTrust Bancshares announced that Megan Pelletier, SPHR, has assumed the position of Executive Vice President, Chief Operations & People Officer effective today. In her new role, Pelletier will retain responsibility for Human Resources and assume responsibility for Deposit and Loan Operations and Project Management functions. In this capacity, Pelletier will oversee the Bank's teams of back-office professionals across five states to provide nimble, best-of-class service to the customers and communities served by HomeTrust. Pelletier's tenure with HomeTrust began in May 2022 when she joined the Bank as Chief People Officer.
SXI

Hot Stocks

08:46 EDT Standex acquires Minntronix for about $30M in cash - Standex International announced that it has acquired privately-held, South Dakota-based Minntronix for approximately $30M in cash. The transaction is being financed from Standex's existing cash balance. In its first year of ownership, the company expects the acquisition to be accretive to its earnings and to achieve a double-digit return on invested capital. Minntronix designs and manufactures customized as well as standard magnetics components and products including transformers, inductors, current sensors, coils, chokes, and filters. The products are used in applications across cable fiber, smart meters, industrial control and lighting, electric vehicles, and home security markets.
CLBT

Hot Stocks

08:46 EDT Cellebrite announces new capabilities for Cellebrite Guardian - Cellebrite DI announced new capabilities for Cellebrite Guardian, a leading SaaS-based evidence and workflow management solution for law enforcement agencies of all sizes. Cellebrite Guardian securely and transparently streamlines investigative digital forensic processes, enabling greater efficiency for law enforcement and investigative teams at scale, increasing case resolution and creating a verifiable- chain of custody for sharing digital evidence among examiners, investigators and prosecutors. Among the most impactful new advantages is "Simple Upload", a swift, intuitive, drag-and-drop uploader that allows investigators to quickly upload and share evidence with any stakeholder in an easy two-step process. The capability can significantly trim the investigative process from potentially weeks with traditional methods to mere minutes. Further leveraging "Smart Upload," forensic teams can also simultaneously load multiple, large files in one step. The new "Quick Share" permissions save additional crucial time by connecting new and existing stakeholders, securely and intuitively. "Quick Share" also allows for inter-agency sharing, where users across agencies can connect to the same portal.
PMBHF

Hot Stocks

08:45 EDT PharmAla Biotech files patent for PharmAla-1 - PharmAla Biotech has filed a patent on the composition of matter of PharmAla-1. The patent filing follows a year of preclinical proof-of-concept research at the University of Arkansas for Medical Sciences in the laboratory of Prof. William Fantegrossi. PharmAla's novel drug development pipeline has been advancing rapidly in 2023, with PharmAla's ALA family moving rapidly into clinical development. The Composition of Matter patent on the Novel Chemical Entity PharmAla-1 will further strengthen the company's position as a leading developer of Central Nervous System pharmaceutical treatments. PharmAla-1 was first discovered through computational in-silico modelling exercises via PharmAla Biotech's partnership with the University of Windsor, for which PharmAla has also received a grant from the Ontario Centres for Innovation. PharmAla-1 is the first molecule of PharmAla's extensive computational drug development pipeline, which PharmAla is announcing to the market in detail; PharmAla's ALA and ABA patent families were developed via traditional drug discovery.
BCAN

Hot Stocks

08:43 EDT BYND Cannasoft files U.S. provisional patent, PCT application for EZ-G Device - BYND Cannasoft Enterprises announced today Zigi Carmel Initiatives & Investments, has filed a patent application for its AI based EZ-G device with the World Intellectual Property Office, also known as WIPO. The patent application listed as Publication Number WO/2023/13195 was published on the World Intellectual Property Organization's global database for intellectual property on July 13, 2023. The WIPO application specifically relates to adult toys utilizing one or more sensors for controllable operation and liquid administering mechanism. The next steps include substantive examination, followed by granting or refusing legal protection to the invention. According to its website, the World Intellectual Property Organization is the global forum for intellectual property services, policy, information and cooperation. It is a self-funding agency of the United Nations, with 193 member states.
MOND

Hot Stocks

08:41 EDT Mondee launches shareholder rewards program through TiiCKER partnership - Mondee Holding announced a new shareholder rewards program through its partnership with TiiCKER. Retail shareholders of Mondee can now access exclusive discounts and perks within the A.I.-powered Mondee Marketplace. The A.I.-powered Mondee Marketplace, available both as an app and through the web, features global access to more than 500 airlines, over 1 million hotel and vacation rental accommodations, 30,000 car pickup locations and over 50 cruise lines. It also includes access to Abhi, the most powerful and only fully-integrated A.I. travel planning assistant in the market that makes travel planning a snap for everyone, no matter their level of expertise. Abhi can instantaneously create sophisticated personalized travel guides based on users' interests and making their dream trips instantly bookable. Users also gain access to Mondee's negotiated rates that can be up to 60% below those available on other popular travel sites.
GMED

Hot Stocks

08:40 EDT Globus Medical launches MARVEL Growing Rod System - Globus Medical announced the commercial launch of the MARVEL Growing Rod System, which is designed for pediatric patients with early onset scoliosis to obtain and maintain correction while allowing for growth through minimally invasive distraction. MARVEL growing rods feature a powerful geared mechanism that provides reliable, efficient lengthening through a large 40mm or 60mm expansion range, with PEEK polymer bearing surfaces to minimize wear. Lengthening of each rod is achieved through a minimally invasive procedure with a small incision for driver access to minimize soft tissue disruption.
NGMS

Hot Stocks

08:39 EDT NeoGames enters agreement with Lotteries Entertainment Innovation Alliance - NeoGames is set to significantly widen its European reach, after agreeing to a four-year deal with the Lotteries Entertainment Innovation Alliance, which will see its content supplied in all the lotteries in Scandinavia, as well as in France. LEIA members, Denmark's Danske Spil, Finland's Veikkaus, France's Francaise des Jeux, Norway's Norsk Tipping, and Sweden's Svenska Spel, are the latest lotteries in Europe set to integrate NeoGames Studio's vast portfolio of content, with the studio already supplying its award-winning content to ten lotteries across the continent. NeoGames Studio is the Company's in-house games studio and holds over seventeen years of proven experience in supplying an ongoing stream of market-leading eInstant titles to lotteries, with over 250 games having been developed over the years. The studio's innovative games have won in multiple industry awards, including, for Queen of Diamonds and most recently, for Desert Fantasy, which won in the fiercely competitive category of Best New Game in the EGR North America Awards 2023. NeoGames was selected by LEIA following a competitive RFP process, demonstrating the company's superior product offering and its expertise in delivering engaging content to lotteries worldwide.
BLNK

Hot Stocks

08:38 EDT Blink Charging appoints Aviv Hillo to board of directors - Blink Charging announced that Aviv Hillo, Esq., General Counsel and Executive Vice President of Mergers & Acquisitions, was elected to the Board of Directors at the Annual Shareholder's Meeting on July 24, 2023. Additionally, Ritsaart van Montfrans was elected Chair of the Board. Brendan Jones, Jack Levine, Kristina Peterson, Mahi Reddy, and Cedric Richmond were re-elected to serve another term on the Board of Directors.
FSLY

Hot Stocks

08:37 EDT Fastly announces Peter Alexander as CMO, Karen Greenstein as General Counsel - Fastly announced two new members to its executive team, as well as a key management promotion. Peter Alexander will be joining Fastly as Chief Marketing Officer, CMO, and Marshall Erwin has joined as Chief Information Security Officer, CISO. Further complementing the management team, Karen Greenstein has been promoted to General Counsel.
DSS

Hot Stocks

08:37 EDT DSS announces distribution date for Impact Biomedical spin-off - DSS announced the distribution date for the previously announced stock dividend of Impact BioMedical Inc. DSS Inc. shareholders of record on July 10, 2023 will be entitled to four shares of Impact Biomedical Inc. for every one share of DSS to be distributed on August 8, 2023. Shares will be registered under CUSIP Number 45259L 106. Each share of Impact BioMedical distributed as part of the distribution will not be eligible for resale until 180 days from the date Impact BioMedical's initial public offering becomes effective under the Securities Act, subject to the discretion of the Company to lift the restriction sooner.
SPRO

Hot Stocks

08:36 EDT Spero Therapeutics announces SPA agreement for Phase 3 PIVOT-PO trial - Spero Therapeutics received written agreement from the U.S. Food and Drug Administration, under a Special Protocol Assessment, on the design and size of PIVOT-PO, a pivotal Phase 3 clinical trial of tebipenem HBr in patients with complicated urinary tract infection, including acute pyelonephritis. PIVOT-PO is a global, randomized, double-blind, pivotal Phase 3 clinical trial of oral tebipenem HBr vs. IV imipenem cilastatin, in hospitalized adult patients with cUTI/AP. The primary efficacy endpoint will be overall response at the test-of-cure visit. The primary analysis for the trial will be an assessment of non-inferiority in the microbiological intention-to-treat population, based on a 10% NI margin, which is consistent with FDA guidance for non-inferiority studies in cUTI/AP. The FDA has indicated that positive and persuasive results from PIVOT-PO, along with previously completed studies, could be sufficient to support approval of tebipenem HBr as a treatment for cUTI, including pyelonephritis, for a limited use indication. Spero is also eligible to receive the following milestone/royalty payments under the terms of its license agreement with GSK, conditional upon achievement of certain progression of milestones: up to an additional $120 million in development milestones as the Phase 3 clinical trial progresses; up to $150 million in potential commercial milestones based on first commercial sales; up to $225 million in potential sales-based milestones; and low-single digit to low- double digit tiered royalties on net product sales of tebipenem HBr in all territories, except Japan and certain other Asian countries.
SYPR

Hot Stocks

08:34 EDT Sypris Solutions gets order for Atoka Water project for Oklahoma City, no terms - Sypris Technologies , a subsidiary of Sypris Solutions announced that it has recently received an order to supply 72-inch Insulated Joints for use in the expansion of the Atoka Water Pipeline for the Oklahoma City Water Utilities Trust. Shipments under this award are expected to start in 2023 and finish in 2024. Terms of the order were not disclosed. ..Sypris has agreed to manufacture and supply its Tube Turns-branded monolithic Insulated Joints for cathodic protection of the new 72-inch polyethylene-coated and cement-mortar lined steel pipeline. These Insulated Joints will be 72 inches in diameter and will be rated to a pressure of 300 psi. Brett Keener, General Manager, commented, "Sypris continues to be a leader in supplying engineered products to support major infrastructure projects globally. By leveraging our extensive engineering design and manufacturing expertise, we believe we are uniquely qualified to support these types of demanding projects. We are proud to be a part of a project with a goal of providing reliable water infrastructure which is essential to public health and our way of life."
TMC

Hot Stocks

08:33 EDT Metals Company welcomes letter from Congress leaders on polymetallic nodules - TMC the metals company welcomed a letter from Congressional leaders and several members of the House Armed Services Committee urging the Biden Administration to assess domestic processing of seafloor polymetallic nodules as a means to secure key energy transition metals and "close national security vulnerabilities." In the letter, addressed to both President Biden and Secretary of Defense Austin, the House members led by Robert J. Wittman, wrote: "Currently, the United States relies significantly on foreign nations, many of them unfriendly and with nonexistent labor and environmental standards, to meet the United States' present critical mineral demands. Additionally, China dominates much of the international critical mineral supply chain on land and is now ramping up focus on seafloor resources known to be the largest estimated source of metals like cobalt, nickel and manganese, presenting a national security vulnerability for the United States...Recently, China has taken aggressive and brazen steps to secure and process seabed resources of polymetallic nodules into strategic planning for national security. Currently, Chinese companies hold 5 out of 31 International Seabed Authority contracts for exploration and development - more than any other country." In March, China's state-owned newspaper China Daily recognized TMC's leadership position in the industry and announced its intention to invest further into the development of technologies to responsibly and economically recover seafloor polymetallic nodules. While the U.S. holds no such contracts as it has yet to ratify the United Nations Convention on the Law of the Sea, the Members wrote: "there remains an opportunity to evaluate domestic processing and refining of seafloor resources from the contracts held by allied parties and domestic partners in international waters." TMC Chairman and CEO, Gerard Barron, said, "The U.S. faces an acute shortage of domestic supply and processing of critical lithium-ion battery cathode materials like cobalt, nickel, manganese, and we welcome the growing recognition in Washington of the narrowing window that exists to make material changes to how and from where the U.S. sources the metals that it will need in vast quantities for the energy transition, and other critical sectors. By onshoring primary processing and refining of nodules, the U.S. could secure supply and achieve mineral independence in four metals critical for the clean energy trainsition, support domestic companies and jobs, and drastically reduce the environmental and social impacts that currently plague geopolitically-complex battery material supply chains."
IPX

Hot Stocks

08:32 EDT IperionX receives all permits to commence construction at Virginia facility - IperionX has received all permits required to commence construction and operations at the planned titanium metal production facility in Virginia. These permits include the Industrial Wastewater Discharge permit issued by the Halifax County Service Authority, and the New Source Review permit issued by the Virginia Department of Environmental Quality. These permits meet the requirements to scale to the planned TCF-1 capacity of 1,125 tpa of titanium metal within the existing 50,000 square foot shell building in Halifax County, Virginia. All major engineering works for the planned Stage 1 TDF are now complete, with key long lead time equipment ordered and procurement underway. First titanium production is planned for Q1 2024, and IperionX plans to reach a production run-rate of 125 tpa of titanium metal by Q3 2024. A planned modular Stage 2 expansion to the TCF-1 level would lift titanium production capacity to 1,125 tpa by the end of 2025. Development of the TDF remains subject to Board approval for a final investment decision. The design of the TDF and TCF-1 are based upon a scaled-up version of the current Industrial Pilot Facility, in Salt Lake City, which has been successfully operated by IperionX since January 2022. IperionX has upgraded this facility, and improved operational processes, to achieve a significant increase in the titanium production capacity with higher efficiency and consistency. IperionX now plans to build the largest recycled titanium metal powder production facility globally, and the only titanium plant that uses 100% titanium scrap metal as feedstock. The titanium production facility in Virginia is designed to have zero Scope 1 & 2 emissions and is expected to produce UL validated 100% recycled titanium metal powder with the lowest carbon intensity on the market. The Halifax County Development Authority will fund the building fit-out works with an investment of up to US$4m to prepare for process equipment installation in late 2023.
RSSS

Hot Stocks

08:32 EDT Research Solutions acquires ResoluteAI - Research Solutions announced its acquisition of ResoluteAI, an advanced search platform aimed at equipping organizations with search, discovery, analysis, and knowledge management tools powered by AI and NLP technologies. ResoluteAI's state-of-the-art integrations of taxonomies, ontologies, and knowledge graph technology, together with the latest Large Language Models, or LLM, make information discovery and retrieval highly efficient. The transaction will enable Research Solutions to deliver true enterprise search capabilities across a comprehensive suite of data sources and extend their reach into effective knowledge management, including search across customer internal datasets. Founded in 2015 and headquartered in New York, New York, ResoluteAI develops advanced search and discovery tools covering several workflows, including but not limited to, Research & Development, Competitive & Market Intelligence, IP Management, Clinical Operations & Analysis, Post Market Surveillance, and Business Development. As of June 30, 2023, ResoluteAI had approximately $1.3M in Annual Recurring Revenue under contract.
TCBP

Hot Stocks

08:31 EDT TC Biopharm regains Nasdaq compliance - TC BioPharm announced that the company has regained compliance with the Nasdaq Stock Market Listing Rule 5550(b) which will maintain the listing of the company's American depositary shares on the Nasdaq Global Select Market.
PXS

Hot Stocks

08:29 EDT Pyxis Tankers announces investment in drybulk joint venture - CEO Valentios Valentis said, "The rise in secondhand values for modern eco-efficient product tankers have recently stabilized. However, asset prices are still too high for us to aggressively pursue fleet expansion of our MR's. In order to enhance shareholder value, we have continued to improve our balance sheet, repurchased shares to a limited extent and selectively considered investments in other shipping segments. After due consideration, our Board, consisting of a majority of independent members, unanimously approved a $6.8 million equity investment in a newly formed company, which has agreed to acquire a 2016 Japanese built 63,520 metric tons deadweight Ultramax bulk carrier from an un-affiliated third party. We will own 60% of this joint venture and the remaining 40% will be owned by a company related to our Chairman and Chief Executive Officer, Mr. Valentis. This scrubber-fitted eco-vessel is geared with four cargo cranes and a ballast water treatment system which provide optimal operating flexibility, lower environmental emissions and attractive fuel economics. The purchase price of the bulk carrier will be $28.5 million, that we anticipate to be partially funded by a $19.0 million five-year secured bank loan priced at SOFR plus a margin of 2.35%. The vessel will be managed by Konkar Shipping Services, S.A., a company that is related to our Chairman and Chief Executive Officer, which is a long-time successful owner and manager of dry bulk vessels. The transaction is expected to close by late August, 2023 and is subject to the execution of definitive documentation and standard closing conditions. We believe this counter-cyclical investment opportunity should provide attractive returns to us through a well-managed structure."
SHLS

Hot Stocks

08:26 EDT Shoals Technologies announces commercial availability of Snapshot I-V solutions - Shoals Technologies Group announced its patent pending Snapshot I-V solar PV health monitoring solutions. Shoals' Snapshot I-V is an ecosystem of products that integrate seamlessly into a solar asset management system. The solution remotely monitors the health and performance of their PV modules over the life of the system. PV modules represent the largest single investment in a solar system, and accurate and timely performance monitoring is essential to take action in case of PV module underperformance. The first commercially available solutions in the Snapshot I-V family will be Snapshot I-V Wireless Meter and Snapshot I-V Wireless Gateway.
TOI

Hot Stocks

08:25 EDT The Oncology Institute partners with House Rx for integration - The Oncology Institute and House Rx entered into a multi-year relationship that will integrate House Rx's specialty medication dispensing model to operate and manage TOI's clinic and pharmacy locations in multiple markets. House Rx provides clinics with specialized technology and services support from pharmacists and care coordinators. House Rx staff are integrated with the clinic to help patients start therapy as quickly as possible and drive adherence to treatment for better outcomes. TOI's alignment with House Rx will expand patient access to oral specialty medications via TOI dispensary and pharmacy locations, and enhance in-office dispensary operations. The relationship will further enable TOI to provide convenient and affordable access to value-based therapies for patients as part of its comprehensive community-based care model.
AMRN LTUS

Hot Stocks

08:23 EDT Amarin, Lotus Pharmaceuticals partner to commercialize Vazkepa in Southeast Asia - Amarin Corporation (AMRN) and Lotus Pharmaceuticals (LTUS) announced that the two companies have entered into a long-term exclusive partnership to distribute and commercialize VAZKEPA across 10 countries, including nine in Southeast Asia and South Korea. VAZKEPA capsules have been approved and commercialized in a number of global markets, including the U.S. and European markets, as the first prescription treatment comprised solely of the active ingredient, icosapent ethyl, a highly purified form of eicosapentaenoic acid. Under the terms of the agreement, Lotus will have exclusive rights to distribution and commercial promotion for VAZKEPA in South Korea and nine countries in ASEAN: Brunei, Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. As part of the agreement, Amarin will receive an upfront payment as well as pricing and reimbursement and sales milestone payments based on net sales of the product. Amarin will be responsible for supplying finished product to Lotus at a pre-defined supply price.
TGL

Hot Stocks

08:21 EDT Treasure Global, Borderland Music Festival enter collaboration - Treasure Global will collaborate with Borderland Music Festival 2023 to provide the first cashless and ticketing platform-powered music festival in Malaysia. TGL's cashless and ticketing solution, powered by the Company's proprietary app, ZCITY, will allow festival-goers to enjoy a seamless, cashless experience through the convenience of streamlined and more secure ticketing services, all through a single application. TGL will charge fees for each ticket sold, providing a new revenue generation opportunity for the Company. In addition, ZCITY will facilitate technology for scan and pay when buying food or drinks, eliminating queues and enabling top-ups using all major e-wallets in Malaysia.
ENLV

Hot Stocks

08:20 EDT Enlivex doses first patient under amended protocol of Phase II trial - Enlivex Therapeutics announced that the first patient has been dosed under the amended protocol for the Company's Phase II trial evaluating Allocetra in patients with sepsis. As previously announced, the amended protocol allows a higher SOFA score inclusion range, which allows the recruitment of patients with higher levels of sepsis severity. Additionally, the amended protocol provides for two cohorts rather than the prior protocol's four-cohort structure.
KYCH

Hot Stocks

08:20 EDT Keyarch Acquisition enters into business combination with Zooz Power - ZOOZ Power and Keyarch Acquisition, a special purpose acquisition company, announced that they have entered into a business combination agreement and certain ancillary agreements related thereto. Following the closing of the transaction, ZOOZ is expected to be publicly listed on Nasdaq under the symbol "ZOOZ", and will remain listed on the Tel Aviv Stock Exchange. After the closing, the merged company will continue to be called ZOOZ Power Ltd. The closing is expected to occur in the fourth quarter of 2023 and is subject to applicable closing conditions, including receipt of ZOOZ and Keyarch shareholder and regulatory approvals and a minimum of $10 million net cash at closing, along with other customary conditions. Transaction values ZOOZ immediately prior to the closing at an agreed equity value of up to $100 million, which reflects $60 million at closing and up to $40 million of additional contingent consideration through issuance of Earnout Shares (as defined below) following the closing upon ZOOZ's achievement of the applicable earnout milestones as set forth in the Business Combination Agreement. The transaction is expected to provide a minimum of $10 million in net proceeds from cash held in Keyarch's trust account and/or other sources.
IMMP

Hot Stocks

08:19 EDT Immutep to present overall survival data from TACTI-002 Phase II trial - Immutep Limited announces that data from its TACTI-002 Phase II trial evaluating the chemo-free combination of eftilagimod alpha and KEYTRUDA in 1st line non-small cell lung cancer has been accepted for a Mini Oral presentation at the 2023 European Society for Medical Oncology Congress that will be held in Madrid, Spain from 20-24 October 2023. The presentation will include more mature overall survival data, following on from the data announced on 17 May 2023. Additionally, data from INSIGHT-003, an investigator-initiated Phase I trial conducted by the Frankfurt Institute of Clinical Cancer Research IKF evaluating efti in conjunction with anti-PD-1 therapy and doublet chemotherapy in non-squamous 1L NSCLC, has been accepted for a poster presentation. Also, a Trial in Progress poster for the EFTISARC-NEO investigator-initiated Phase II trial evaluating efti with pembrolizumab and radiotherapy in soft tissue sarcoma will be presented.
ATNF

Hot Stocks

08:18 EDT 180 Life Sciences files provisional patent on CBD with GLP-1 agonist combination - 180 Life Sciences announced the filing of a provisional patent describing the novel combination of CBD, or an analog thereof, with glucagon related peptide-1 agonists to address the problem of obesity and weight management. Co-administration of Cannabidiol, a known appetite suppressant and antiemetic, might be expected both to limit the deleterious side effects and lower the effective dosage of the GLP-1 agonists. CBD has been shown to reduce inflammation and stimulate satiety, but establishing the details of the mode of action has been hampered by CBD binding over 50 different biological receptors. Consequently, we believe the scientific community has assumed the clinical benefits arise from a summation of weak stimulations of a spectrum of molecular pathways, rather than a single, critical biological signal. However, the recent clinical success of GLP-1 agonists in stimulating satiety and resultant weight reduction in patients with type 2 diabetes led 180LS scientists to hypothesize that CBD and GLP-1 might stimulate a common therapeutic pathway. The dramatically different structures of the two drugs make binding a common receptor unlikely, but we speculate that the two compounds could stimulate a common neurological pathway between the gut and the brain. GLP-1 signals satiety to the brain through stimulation of specific GLP-1 receptors expressed on the afferent arm of the vagus nerve. Scientists at 180 Life Sciences plan to collaborate with neurological experts to investigate whether cannabidiol stimulates satiety through a neural pathway involving the vagus nerve. Negotiations are currently underway with third party scientists for a research collaboration to design and execute testing of our theory as described following, of which there can be no assurance. This research collaboration is designed to determine whether CBD and GLP-1 stimulate a common signal for satiety to the brain. If so, CBD may represent a significantly less expensive alternative with fewer side effects than GLP-1 agonists for weight reduction. 180LS has licensed patents, based on the work of the late Dr. Mechoulam, that describe novel synthetic CBD compounds which could induce appetite suppression and be therapeutic for obesity and weight management.
AMTX

Hot Stocks

08:16 EDT Aemetis closes $25M financing to fund digesters for eight dairies - Aemetis announced the closing of its second $25 million, 20-year term loan guaranteed by the U.S. Department of Agriculture for a total of $50 million of Aemetis Biogas project financing arranged by Greater Commercial Lending in the past nine months. The Aemetis Biogas Central Dairy RNG Project is now fully funded to build biogas digesters and related assets for eight additional dairies using the $9.4 million of equity financing already provided by Aemetis and the $25 million of new debt financing guaranteed by the USDA. Magnolia Bank of Elizabethtown, Kentucky provided the primary funding for the $25 million loan to Aemetis Biogas 2, a wholly-owned subsidiary of Aemetis, Inc. Aemetis Biogas has built and is fully operating dairy biogas digesters for seven dairies, a 40-mile biogas pipeline, the central biogas-to-RNG production facility and the PG&E gas utility interconnection unit. When completed, the biogas digesters for the combined 15 dairies are designed to produce more than 400,000 MMBtus per year of carbon negative renewable natural gas. The long-term, 20-year project financing was guaranteed by the USDA through the Rural Energy for America Program (REAP) and carries approximately an 8.75% fixed interest rate for the first five years. With two REAP loans closed and three more REAP loans in process, Aemetis Biogas is currently arranging $125 million of 20-year debt funding for the development, construction and operation of the Aemetis Central Dairy Digester project which has already signed 37 dairies and plans to build digesters for 65 dairies within the next 60 months.
INSP

Hot Stocks

08:15 EDT Inspire Medical appoints Charisse Sparks as CMO - Inspire Medical Systems announced the addition of Charisse Sparks, M.D., as Chief Medical Officer, effective July 27, 2023. As CMO, Dr. Sparks will be a member of Inspire's executive leadership team and will lead the Company's medical and clinical affairs functions. Dr. Sparks will report to Tim Herbert, President and CEO of the Company. Subsequently, Dr. Sparks served as CMO of AppliedVR, Inc., a privately-held company focused on virtual reality-based treatments that address pain and other conditions. In connection with her appointment as CMO of the Company, Sparks has resigned from the Board of Directors, including the Nominating and Corporate Governance Committee, effective upon the commencement of her employment with the Company.
RMR

Hot Stocks

08:14 EDT RMR Group acquires CARROLL for $80M cash, expected to be immediately accretive - The RMR Group announced that it has entered into a definitive agreement to acquire 100% of the equity interests in MPC Partnership Holdings doing business as CARROLL a vertically integrated multifamily platform, in an all cash transaction for $80M subject to customary purchase price adjustments, with the potential for incremental earnout . The acquisition of CARROLL represents the successful advancement of RMR's strategic plan to expand its private capital business and utilize its balance sheet to diversify into additional real estate sectors. The transaction advances the following objectives..Enhances RMR's position as a leading alternative asset management platform, growing total AUM to approximately $44 billion and private capital AUM to approximately $15B. Positions RMR for continued growth, including through the ability of CARROLL's general partner fund series to make in excess of $3 billion of additional multifamily investments. Value Creation Expected to be immediately accretive to Adjusted EBITDA, Adjusted EPS and Distributable Earnings per share. Provides RMR with a proven fund platform to generate performance-based promote fees on new co-investments.
ENPH

Hot Stocks

08:13 EDT Enphase Energy expands IQ microinveter deployments in Italy - Enphase Energy announced that installers of Enphase products in Italy have seen growing deployments of residential solar energy systems powered by the IQ7 family of microinverters.
TSHA

Hot Stocks

08:11 EDT Taysha Gene Therapies says IDMC recommends continuation of REVEAL trial - Taysha Gene Therapies announced that the Independent Data Monitoring Committee recommended the continuation of the REVEAL Phase 1/2 trial and that dosing of the second patient in the first cohort can proceed. The decision follows a pre-specified IDMC review of initial clinical data from the first patient dosed with TSHA-102 following the 42-day evaluation period. The REVEAL Phase 1/2 trial is a first-in-human, open-label, randomized, dose-escalation and dose-expansion study evaluating the safety and preliminary efficacy of TSHA-102 in adult females with Rett syndrome due to MECP2 loss-of-function mutation. TSHA-102 is administered as a single lumbar intrathecal injection. Dose escalation will evaluate two dose levels of TSHA-102 sequentially. The maximum tolerated dose or maximum administered dose established will then be administered during dose expansion.
IMMP

Hot Stocks

08:09 EDT Immutep reports Q4 cash receipts $16K vs. $30K last quarter - The company said, "Immutep's financial performance over the final quarter continues to reflect prudent cash management as well as investment into its clinical trial program for efti, as aligned with its strategy. Following its financing completed in June, Immutep is fully funded for its current and expanded clinical program through to early CY2026...Immutep's cash and cash equivalent balance as at 30 June 2023 was approximately $123.4 million. Immutep will continue to manage its strong cash balance carefully as it pursues its overall development strategy for efti and IMP761."
BNGO

Hot Stocks

08:08 EDT Bionano Genomics announces OGM roadshow, TOUR - Bionano Genomics announced the launch of its optical genome mapping roadshow, Bionano TOUR, a series of regional customer-led events that showcase the latest advancements to the OGM workflow and demonstrate applicable research applications. Bionano TOUR provides an immersive in-person experience for attendees, combining informative demonstrations of the OGM workflow, the Ionic system and VIA software from internal Bionano experts with presentations from current OGM users who have implemented the workflow for research in hematological malignancies, genetic disease, cell bioprocessing, and other applications. By bringing together industry experts, thought leaders, and technical product specialists, the event serves as a platform for attendees to explore ways OGM might provide new cytogenetic insights in their research and address critical gaps that are left unanswered by other genome analysis products. Moreover, TOUR acts as a catalyst for building strong, locally supported OGM communities, allowing users to connect with their peers and helping to build relationships amongst current and potential customers.
AFRI

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08:07 EDT Forafric acquires 90% of SIMS, increases capacity - Forafric announced as part of its strategy to double crushing capacity in Morocco over that next two years, that it has acquired 90% of Societe Industrielle de Minoterie du Sud, or SIMS, a soft wheat milling company with primary operations in Marrakesh. Forafric is acquiring SIMS in an all-cash transaction that includes the assumption of SIMS' outstanding debt, which is scheduled to mature in yearly tranches over the next eight years. Forafric anticipates that debt service will be covered by future cash flows from operations. The transaction closed on July 26 and has received all regulatory approvals.
SSYS

Hot Stocks

08:07 EDT Axial3D receives FDA clearance for Axial3D INSIGHT platform - Axial3D announced "that it is the first to receive FDA clearance for an automated, AI-driven, cloud-based segmentation platform for orthopedic trauma, orthopedic, maxillofacial, and cardiovascular applications. This achievement is the second FDA clearance Axial3D has received for its segmentation platform, INSIGHT and a significant milestone for the healthcare industry in its embrace of automation and artificial intelligence to personalize patient care. The FDA clearance is expected to provide a major boost towards scaling up production processes particularly by medical device companies. Our FDA clearance for Axial3D INSIGHT is a testament to how far Axial3D has come," stated Dan Crawford, Founder and CSO of Axial3D. "From our humble beginnings as a startup to now being recognized as a leading medical technology company, this achievement showcases our dedication to pushing the boundaries of innovation in healthcare. We are immensely proud of our team's commitment in delivering exceptional patient care using advanced automation, artificial intelligence, and machine learning technologies." Stratasys Ltd. ( SSYS) led an investment round in late 2022 to help advance Axial3D's technology and to bring a joint solution to market for healthcare providers and medical device manufacturers. "Stratasys is proud to partner with Axial3D in driving innovation and in transforming the healthcare landscape with 3D solutions that help make personalized healthcare at scale possible," said Stratasys CEO Dr. Yoav Zeif. "We congratulate Axial3D on achieving FDA clearance for their segmentation platform, leveraging the power of automation and AI as a key business driver for their continued success in the medical sector." "
DARE

Hot Stocks

08:07 EDT Dare Bioscience awarded grant for prevention of idiopathic preterm birth - Dare Bioscience was awarded a grant from the Eunice Kennedy Shriver National Institute of Child Health and Human Development of the National Institutes of Health in the amount of approximately $385,000 to support activities related to the conduct and completion of proof-of-concept target validation studies in support of a potential new approach for the prevention and treatment of idiopathic preterm birth. Dare will collaborate with its sub awardee, the Lockwood Laboratory at the University of South Florida Morsani College of Medicine, on the grant-funded activities. Under an exclusive option agreement with the University of South Florida Research Foundation, a nonprofit Florida corporation that is a direct support organization of USF, Dare has an exclusive right, and not an obligation, to elect to negotiate to acquire the exclusive worldwide rights to patents and know-how controlled by USFRF related to this research in the field of human reproduction during an option period which extends through this NIH-funded development project.
AMEH

Hot Stocks

08:06 EDT Apollo Medical announces partnership with IntraCare - Apollo Medical Holdings announced an agreement to partner with IntraCare, an operator of a value-based primary care provider network and primary care clinics located predominantly in Texas with a growing presence in Oklahoma. ApolloMed's partnership with IntraCare is poised to accelerate access to high-quality, value-based care for seniors in three areas. First, ApolloMed's ACO will partner with IntraCare's primary care providers as part of the ACO REACH program, an attribution-based risk-bearing model designed to advance health equity and bring the benefits of accountable care to Medicare beneficiaries in underserved communities. In addition, ApolloMed will deploy its value-based care platform as the exclusive care enablement partner for IntraCare providers participating in the ACO REACH program. Finally, to further IntraCare's mission and growth, ApolloMed will lend IntraCare a $25M senior secured convertible promissory note maturing in 2028. Guggenheim Securities, LLC acted as financial advisor to IntraCare in connection with the transactions.
RARE

Hot Stocks

08:05 EDT Ultragenyx initiates dosing in second cohort of Phase 1/2/3 Cyprus2+ study - Ultragenyx Pharmaceutical has begun dosing the second dose-escalation cohort in its pivotal Phase 1/2/3 Cyprus2+ study following completion of dosing and safety review in the first cohort. The company's investigational AAV9 gene therapy is designed to deliver stable expression of the ATP7B copper transporter following a single intravenous infusion, with the goal of normalizing copper metabolism in patients with Wilson disease. In the first dose cohort, UX701 has been well tolerated with no unexpected related treatment emergent adverse events observed as of July 11, 2023. The Data Safety Monitoring Board recommended that the company proceed with dosing patients at the higher dose of 1.0 x 10^13 GC/kg. Investigators have dosed the first patient and have identified and screened the remaining four patients for dosing in Cohort 2. The company is on track to complete enrollment in Stage 1 of the Phase 1/2/3 trial this year and expects to share initial data in the first half of 2024.
OXAC

Hot Stocks

08:04 EDT Jet.AI launches CharterGPT AI-powered booking application - Jet.AI announced the launch of its AI-powered charter booking application, CharterGPT. This cutting-edge technology automates the manual process of booking a private jet. Through natural language processing, the CharterGPT app communicates with both consumers and charter operators to reduce the time spent by a broker as the "human-in-the-loop." Of roughly 2,350 Part 135 charter operators in the US, 80% currently have fewer than ten aircraft and 60% have fewer than five. These Part 135 charter operators function as something akin to miniature airlines and can be hard to get a charter quote from. Aside from handling customer conversations, CharterGPT is designed to help weed through, and obtain responses from, these smaller operators via outbound, interactive, natural language communication. The next iteration of the app due in the fall is also expected to integrate with Stripe for payments, support automatic contract reconciliation between Jet.AI's contracts with customers and contracts with operators, provide recommendations on preferred ground transportation, most efficient airport locations to travel in and out of, most opportune departure dates and more. The CharterGPT app has been uploaded to the iOS store and is planned for release in early August with Android store release expected a few weeks later.
TNET

Hot Stocks

08:03 EDT TriNet to launch combined $1B tender offer to repurchase shares - TriNet Group announced its plan to launch a fixed price tender offer to repurchase approximately $640M in value of shares of TriNet common stock at a price of $107.00 per share, which is expected to commence on August 1, 2023. In addition, the company signed a separate agreement on July 30, to repurchase a minimum of approximately $360M in value of shares from affiliates of its largest stockholder, Atairos Group. Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1B in shares.
BNTX

Hot Stocks

08:02 EDT BioNTech completes acquisition of InstaDeep - BioNTech announced the completion of the acquisition of InstaDeep. The acquisition was announced on January 10, 2023 and follows a track record of increasing collaboration between the two companies since 2019 as well as BioNTech's initial equity investment as part of InstaDeep's Series B financing round in January 2022. The acquisition supports BioNTech's strategy, aiming to build world-leading capabilities in AI-driven drug discovery and development of next-generation immunotherapies and vaccines to address diseases with high unmet medical need. InstaDeep will operate as a UK-based global subsidiary of BioNTech. In addition to BioNTech-focused projects, InstaDeep will continue to provide its services to clients around the world in diverse industries, including in the Technology, Transport & Logistics, Industrial, and Financial Services sectors. The transaction adds approximately 290 highly skilled professionals to BioNTech's workforce, including teams in AI, ML, bioengineering, data science, and software development. The total consideration to acquire the remaining InstaDeep shares, excluding the shares already owned by BioNTech, amounts to approximately EUR 500 million in cash, BioNTech shares, and performance-based future milestone payments.
LDOS MSFT

Hot Stocks

08:02 EDT Leidos announces strategic collaboration with Microsoft - Leidos (LDOS) announced it has entered into a strategic collaboration agreement with Microsoft (MSFT) aimed at leveraging each company's unique strengths in the market to accelerate artificial intelligence, or AI, transformation for new and existing customers in the public sector. A near-term priority for co-development is in the area of generative AI solutions to support organizational efficiency, enhanced productivity and cross domain applications. Leidos recently completed a successful migration of 20 critical support applications from an on-premise data center to Microsoft's Azure Government cloud environment in support of the U.S. Navy.
SXTP

Hot Stocks

08:00 EDT 60 Degrees Pharmaceuticals awarded Canadian patent for tafenoquine - 60 Degrees Pharmaceuticals announced that the Canadian Intellectual Property Office has issued the Company a patent covering the use of novel regimens of tafenoquine for the prevention of malaria in malaria-naive individuals. Travelers from, and residents of, Canada and the United States, are usually malaria naive because they have not previously contracted malaria and thus lack immunity to the disease. Tafenoquine is the active molecule in the Company's U.S. Food and Drug Administration-approved regimen for malaria prevention, ARAKODA. ARAKODA, an oral tablet containing 100 mg of tafenoquine base, is an anti-malarial indicated in the U.S. for the prophylaxis of malaria in individuals aged 18 years and older. Travelers or individuals at risk of contracting malaria are prescribed 2 x 100 mg tablets once per day for three days prior to travel, 2 x 100 mg tablets weekly for up to six months during travel, then 2 x 100 mg in the week following travel. ARAKODA is not approved by Health Canada for the prevention of malaria. The newly issued Canadian patent provides exclusive use of tafenoquine for preventing malaria in malaria-naive patients in Canada to December 2, 2035. The Company was previously issued a U.S. patent covering the use of tafenoquine for malaria prevention in malaria-naive individuals. The U.S. and Canadian patents cover the ARAKODA dosing regimen approved in the U.S. for malaria prevention.
NKLA JBHT

Hot Stocks

07:58 EDT J.B. Hunt subsidiary to purchase 13 Nikola zero-emission Class 8 trucks - Nikola (NKLA) and J.B. Hunt Transport Services (JBHT) announced an agreement in which subsidiary J.B. Hunt Transport will purchase 13 Nikola zero-emission Class 8 trucks as the transportation company focuses on its sustainability efforts and reducing the intensity of its carbon emissions. The initial truck order will include 10 battery-electric and three hydrogen fuel cell electric vehicles, with delivery of the first vehicles expected in August 2023. These trucks will be strategically located at facilities servicing J.B. Hunt's key routes, including in the greater Los Angeles and Phoenix areas. Nikola's hydrogen arm, HYLA, will supply the hydrogen and fueling infrastructure.
ATHE

Hot Stocks

07:55 EDT Alterity Therapeutics reports cash balance of A$15.8M as of June 30 - "The last several months have been extremely productive for Alterity as we hit several milestones and made significant progress advancing ATH434," said David Stamler, M.D., CEO. "With the clearance by the Data Monitoring Committee to continue the ATH434-201 trial as planned and the enthusiasm for the trial from physicians around the world, the trial remains on track to complete enrollment in the third quarter of 2023 with top-line data expected by the end of 2024. We also initiated a second Phase 2 study, ATH434-202, in participants with more advanced MSA. Importantly, this Biomarker study gives us the opportunity to get an early indication of efficacy before the ATH434-201 Phase 2 study reads out. Individuals with more advanced MSA may also benefit from ATH434 and measuring key biomarkers will permit us to evaluate drug activity in this population. The data derived from the Biomarker study have the potential to accelerate the overall development program. An important element of our ATH434-201 trial is the use of wearable sensors to determine the impact of ATH434 on motor impairment and gait stability. During the quarter, data from the bioMUSE natural history study reinforced this measure by showing that wearable sensors can be used to assess disease progression that may not be captured by neurological examination. The Company's cash position on 30 June 2023 was A$15.8M with operating cash outflows for the quarter of A$6.2M. The company anticipates the cash position will be boosted in the coming weeks with the receipt of the A$4.7M R&D Tax incentive for the 2022 fiscal year.
DHC OPI

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07:36 EDT Diversified Healthcare sends letter to holders on merger benefits - Diversified Healthcare Trust ( DHC) announced that it has mailed a letter to shareholders in connection with the upcoming August 30, Special Meeting of DHC Shareholders related to the Company's pending merger with Office Properties Income Trust (OPI). The letter has been filed with the U.S. Securities and Exchange Commission and is available at www.dhcreit.com/mergerofdhcandopi with other materials related to the Special Meeting. The letter said in part: "The DHC Board of Trustees unanimously recommends that you vote FOR the merger with Office Properties Income Trust. We firmly believe the merger of DHC and OPI provides compelling value and is in the best interest of our Company and all DHC shareholders. The merger offers DHC shareholders compelling value now, solves a series of severe and time-sensitive challenges for DHC related to the Company's debt covenants, and preserves DHC shareholders' ability to participate in the future upside of DHC's business. Under the terms of the merger agreement, DHC shareholders will receive 0.147 shares of OPI for each common share of DHC, which represents a 20% premium to the 30-day average price prior to announcement of the merger and a 37% premium to the unaffected price1. With 42% ownership in the combined company, DHC shareholders will also be able to participate in the upside potential of a larger, stronger and more diversified REIT with enhanced access to capital and benefit from an immediate 267% increase over the dividend paid to DHC shareholders..."
GTLS

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07:35 EDT Chart Industries celebrates 'Teddy 2' facility construction progress - Chart Industries celebrates its "Teddy 2" facility construction progress, named as such because it is Chart's second facility in Theodore, Alabama. This plant is expected to fabricate the largest shop-built cryogenic tanks ever manufactured globally - 70% larger than the previous largest with manufacturing production set to begin in the first quarter 2024. The tanks manufactured at this site will be used for propellant storage for the aerospace industry, hydrogen and LNG storage for the marine industry, and many other processes and technologies in the sciences and decarbonization industries. Teddy 2's easy access to waterways will provide additional opportunities for our customers to have lower cost, faster freight and transportation to site. In addition to the ability to manufacture to this scale, this expansion also contributes significantly to local job creation and economic development efforts for the state of Alabama. We have expectations that our Teddy 2 facility will achieve annual revenues in excess of $175 million. This also benefits local subcontractors in Alabama for process that we outsource, including the $7.2 million of improvements to the onsite wharf which were awarded in full to local businesses. Teddy 2 is anticipated to employ over 90 people across two shifts as we continue to receive orders for these applications. Chart began construction of this greenfield 127,000 square foot facility in Theodore, Alabama in early April 2023, and it is due to complete in April of 2024.
SNWV

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07:34 EDT Sanuwave Health appoints Andrew Walko as president - SANUWAVE Health announced the hiring of Andrew Walko as its new President. Walko brings deep experience in contract manufacturing, supply chain management, medical device production, and logistics from his previous roles at Biomerics, Minnetronix Medical, and Integer Holdings. Andrew begins work at SANUWAVE on July 31, 2023.
CCL

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07:34 EDT Carnival announces anticipated debt pre-payment of $1.2B - Carnival announced that it intends to commence the marketing of a new senior secured first lien term loan B facility with an original principal amount of $1B, expected to mature in 2027. In conjunction with the New First Lien Term Loan, and subject to market and other conditions, the company may raise $500M of other secured debt maturing in 2029. The company intends to use the proceeds from the Refinancing Transactions to repay a portion of the borrowings under the company's existing first-priority senior secured term loan facility maturing in 2025. After the closing of the Refinancing Transactions, the company intends to redeem all of the company's 10.500% second-priority senior secured notes due 2026 and 10.125% second-priority senior secured notes due 2026, saving over $120M in interest expense on an annualized basis. The $1.2B of redemptions will be conditioned on the closing of the Refinancing Transactions. The company expects to use cash on hand to finance the redemptions. The company's CFO David Bernstein commented: "Given the confidence we have in our business and its cash flow generation, we plan to retire $1.2 billion of our highest cost debt. In connection with this retirement, we plan to extend some of the lowest cost public debt in our portfolio. This is yet another step forward in our deleveraging journey, building on the $1.4 billion we already early retired this year. With this debt repayment, we now expect our year end debt balance to be less than $32.0 billion, an improvement over the November 30, 2023 debt balance of less than $33.0 billion provided in our June guidance."
GDDFF

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07:33 EDT Goodfood Market, PIANO PIANO partner to deliver premium pizzas - Goodfood Market and PIANO PIANO the Restaurant Group are making it even easier to bring the restaurant experience into your home. Goodfood members in Eastern Canada now have access to delivery of a party pack bundle of 3 of the bestselling pizzas from Chef Victor Barry's PIANO PIANO Italian eatery which includes customer favourites: Sweet Hornet, Mushroom & Onion, and Pepperoni. Later in the summer, this offering will be expanded to Goodfood customers in Western Canada and the teams are working closely to add more menu hits to customers at home.
BBIO

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07:32 EDT BridgeBio announces opportunity for accelerated approval pathway in LGMD2I/R9 - BridgeBio Pharma announced that, based on discussions with the U.S. Food and Drug Administration, there is a potential path to pursue accelerated approval in the U.S. for BBP-418, an investigational oral substrate supplementation therapy, in patients with limb-girdle muscular dystrophy type 2I. BridgeBio also announced that the first patient with LGMD2I/R9 has been dosed in its Phase 3 FORTIFY clinical trial of BBP-418. To date, the Company has activated over half the planned U.S. clinical sites and is in the process of opening sites in Europe and Australia to support global registration. The Phase 3 FORTIFY registrational study is a randomized, double-blind, placebo-controlled study evaluating the safety and efficacy of BBP-418. FORTIFY has a planned interim analysis at 12 months focused on assessing glycosylated alphaDG as a surrogate endpoint to potentially support an accelerated approval. The North Star Assessment for Dysferlinopathy and secondary endpoints will be evaluated at 36 months, and results are expected to provide confirmatory clinical data. A novel, validated bioassay was developed by BridgeBio to directly measure glycosylated DG levels, which are central to LGMD2I/R9 disease, and may enable monitoring of responses to disease-modifying therapies in LGMD2I/R9 patients. BridgeBio is committed to collaborating with the FDA to address the challenges associated with LGMD2I/R9 drug development, including the potential use of a surrogate endpoint to support an accelerated approval. BBP-418 is designed to supply supraphysiological levels of an endogenous substrate upstream of the mutant FKRP enzyme to help drive residual activity of the enzyme to glycosylate alphaDG, with the goal of stabilizing muscle cells during contraction, and potentially halting further muscle damage. Data from an ongoing open-label Phase 2 study is consistent and encouraging, suggesting that BBP-418 may be well-tolerated and have a positive impact on key endpoints. Updated results on the Company's novel bioassay and for the Phase 2 clinical trial will be presented at the Annual Congress of the World Muscle Society, taking place in Charleston, South Carolina on October 3 - 7, 2023. If approved, BridgeBio believes BBP-418 could be the first approved orally administered therapy for the treatment of patients with LGMD2I/R9.
SN

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07:26 EDT SharkNinja completes separation from JS Global, begins trading on NYSE - SharkNinja announced that it has completed its previously announced separation from JS Global Lifestyle. SharkNinja is now an independent public company, with its ordinary shares trading on the New York Stock Exchange under the ticker symbol "SN." SharkNinja executives will ring the opening bell at the New York Stock Exchange to mark the milestone.
CLSD

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07:23 EDT Clearside Biomedical presents safety, tolerability data from OASIS trial - Clearside Biomedical announced that safety and tolerability data from its recent OASIS clinical trial of CLS-AX were presented at the American Society of Retina Specialists 41st Annual Scientific Meeting. CLS-AX is a proprietary suspension formulation of the tyrosine kinase inhibitor axitinib that provides high potency pan-VEGF inhibition delivered via Clearside's proprietary SCS Microinjector. The presentation, entitled, "Safety and Tolerability of Suprachoroidal Injection of CLS-AX in Neovascular AMD Patients With Persistent Activity After Anti-VEGF Therapy" was delivered by Rahul N. Khurana, MD, FACRS, Northern California Retina Vitreous Associates. Dr. Khurana presented data from Clearside's OASIS Phase 1/2a clinical trial and Extension Study highlighting the excellent safety profile with no serious adverse events, no adverse events from inflammation, no vasculitis or vascular occlusion, and no treatment emergent adverse events related to study treatment. The presentation described the promising results from the 6-Month Extension Study at higher doses in Cohort 3 and Cohort 4. These cohorts showed signs of durability and a 77% - 85% reduction in treatment burden. Additionally, signs of biologic effect with stable mean best corrected visual acuity and stable mean central subfield thickness to the 6-month timepoint were seen in these cohorts. OASIS was an open-label, single dose-escalation Phase 1/2a trial in neovascular age-related macular degeneration. OASIS was a 3-month trial, followed by a 3-month Extension Study. The trial included four cohorts at the following doses: Cohort 1 at 0.03 mg; Cohort 2 at 0.1 mg; Cohort 3 at 0.5 mg; Cohort 4 at 1.0 mg. Participants from Cohorts 2, 3 and 4 who rolled over into the Extension Study were followed for a total of 6 months after a single dose of CLS-AX. Participants enrolled in OASIS were heavily anti-VEGF treatment experienced with active disease at screening, which was confirmed by an independent reading center.
PASG

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07:21 EDT Passage Bio appoints Dolan Sondhi to board of directors - Passage Bio announced the appointment of Dolan Sondhi, Ph.D., to the Board of Directors and her appointment to the Nominating and Corporate Governance Committee. Dr. Sondhi is currently Professor of Research in the Department of Genetic Medicine at Weill Cornell Medicine. Additionally, Thomas Woiwode, Ph.D., announced his resignation from the Board of Directors to focus on his Managing Director role within Versant Ventures.
ARLP

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07:19 EDT Alliance Resource lowers coal production and sales volume guidance for 2023 - "The recent heat wave has supported additional coal burn this summer for both the domestic and export markets. However, until Henry Hub natural gas prices rise above $3 per million Btu, we do not expect any meaningful gas-to-coal switching domestically. Therefore, we have chosen to reduce our coal production and sales volume guidance for 2023. Production targets have been reduced at our River View and Gibson operations in the Illinois Basin and at our Mettiki operation in Appalachia," commented Mr. Craft. "Committed and priced sales tons currently represent 96% to 97% of our updated guidance range, and we plan to sell any remaining uncontracted tonnage primarily into international markets from these three mines. We have also adjusted the top end of our coal sales price per ton sold range downward based upon recent market analysis. On the positive side, we are lowering our cost estimates for the year as our team continues to find ways to reduce expenses in a stubbornly volatile inflationary environment." Craft added, "During the 2023 Quarter, we agreed to sell an additional 8.6 million tons with multiple customers for coal to be delivered over the 2024 to 2026 time period. We expect there will be more opportunities this year to fill out our future contract book." Mr. Craft closed, "These modest guidance revisions have not changed our view that we remain on track to achieve record financial results this year. As we look beyond 2023, we are encouraged by growth opportunities being pursued by our New Ventures group, the recent increase in the forward oil and gas price curves and acquisition prospects for our Oil & Gas Royalties segment. We are also seeing stability for coal demand over the next several years. Many of our coal customers are projecting significant growth in electricity demand as record numbers of new manufacturing facilities are being announced to come online over the next several years. All of these announced projects require exceptionally large electrical loads, adding to the reliability concerns of the stakeholders responsible for meeting the rising energy needs of their customers. The increased electricity demand should lead to slowing the pre-mature closing of coal-fired power plants in the eastern United States. We also expect the growth in LNG terminals coming online over the next five years will support higher domestic natural gas prices further supporting stable demand expectations for our coal operations over the next five to ten years."
TNXP

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07:15 EDT Tonix Pharmaceuticals initiates enrollment in Phase 2 'STROBE' study of TNX-1900 - Tonix Pharmaceuticals announced that the first participant was enrolled in the investigator-initiated Phase 2 Study of The Results of Oxytocin in Binge Eating 'STROBE' study of TNX-1900 for the treatment of binge-eating disorder at the Massachusetts General Hospital. The aim of the study is to investigate the efficacy and safety of TNX-1900 as a novel therapeutic agent to reduce binge eating frequency in adults with binge-eating disorder. Tonix is supporting the STROBE study through a clinical trial agreement with MGH. MGH is the sponsor of the trial, which is being conducted under an investigator-initiated investigational new drug application. The 8-week double-blind, placebo-controlled trial has a target enrollment of at least 60 participants 18-45 years old with binge-eating disorder.
ARLP

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07:14 EDT Alliance Resource Partners sees FY23 coal volumes 25M - 25.25M short tons - Sees FY23 coal total sales tons 35.50 - 36M total slaes tons.
THTX

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07:14 EDT Theratechnologies completes 1-for-4 reverse stock split - Theratechnologies has completed the previously announced consolidation of the issued and outstanding common shares of the Company's share capital on the basis of one post- consolidation share for each four pre-consolidation shares issued and outstanding. The Consolidation received the applicable regulatory approvals, including from the Toronto Stock Exchange and the Nasdaq Stock Market. No shareholder approval was required for the Consolidation to come into effect. The Company's common shares began trading on the TSX and the NASDAQ on a consolidated basis on July 31, 2023.
USAP

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07:13 EDT Universal Stainless & Alloy announces base price increase on bar products - Universal Stainless & Alloy Products announced a base price increase of 5% to 10% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
RNAZ

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07:12 EDT Transcode Therapeutics announces results of TTX-MC138 in non-human primates - TransCode Therapeutics announced results with its lead therapeutic candidate, TTX-MC138, in non-human primates, showing that the therapeutic effectively engaged its target and showed favorable pharmacokinetics and tissue distribution. In the study, non-human primates were injected with a microdose of radiolabeled TTX-MC138 and imaged by positron emission tomography-magnetic resonance imaging to determine the pharmacokinetics and tissue distribution of the therapeutic. In addition, the pharmacodynamic activity of radiolabeled TTX-MC138 following a microdose injection was determined by measuring inhibition of the therapeutic target, miRNA-10b, using qRT-PCR. TTX-MC138 demonstrated a long circulation half-life and tissue distribution consistent with hepatic clearance. Importantly, even at a microdose, the therapeutic showed lasting activity and significantly inhibited its target, miRNA-10b, known to be a driver of metastatic progression in a number of cancers. Data from the NHP study were incorporated into a Drug Metabolism and Pharmacokinetics model, intended to model human exposure to TTX-MC38. The model predicted a long circulation and tissue distribution in humans, similar to results seen in preclinical studies of cancer in which complete regressions of metastatic disease were seen. TTX-MC138 consists of an iron oxide nanocarrier conjugated to a nucleic acid designed to inhibit the oncogenic RNA, microRNA-10b. MiRNA-10b is described as the master regulator of cancer progression in a number of advanced solid tumors. TransCode believes that TTX-MC138 could become a treatment for many of these cancers. Administration of TTX-MC138 has resulted in complete regression of metastatic disease in mouse models of pancreatic and breast cancer. In addition, TTX-MC138 was successfully delivered and demonstrated preliminary efficacy in a case study of spontaneous feline mammary carcinoma. The study was done in collaboration with Dr. Peter Caravan, co-director of the Institute for Innovation in Imaging at Massachusetts General Hospital and a Professor of Radiology at the Athinoula A. Martinos Center for Biomedical Imaging at the Massachusetts General Hospital and Harvard Medical School. TransCode is enrolling patients in a first-in-human clinical trial with TTX-MC138 in patients with advanced solid cancers. In this clinical trial, up to 12 patients will be given a single microdose of radiolabeled TTX-MC138 followed by noninvasive PET-MRI. The trial is intended to quantify the amount of TTX-MC138 delivered to metastatic lesions and the pharmacokinetics of the therapeutic candidate in cancer patients. The trial could yield important data regarding TTX-MC138 delivery to clinical metastases that could inform dose selection, dosing frequency, and patient selection to expedite the path to success in later stage clinical trials. This trial is not intended to have therapeutic efficacy.
DGX

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07:11 EDT Quest Diagnostics announces availability of the AD-Detect on questhealth - Quest Diagnostics announced the availability of the AD-Detect Test for Alzheimer's Disease on questhealth.com - the first blood test available for consumer purchase that helps assess potential risk of developing Alzheimer's disease based on a brain protein that contributes to the condition. AD-Detect is a screening test that uses plasma, the liquid component of blood, from a single blood draw to evaluate levels of amyloid beta proteins to help detect early signs associated with the risk of developing Alzheimer's disease. Amyloid beta proteins are known to accumulate and form plaques in the brain, which are linked to the progression of Alzheimer's disease. AD-Detect evaluates the ratio of two peptides of amyloid beta, Abeta42 and Abeta40, in plasma. The new test from Quest may be appropriate for individuals who believe they are experiencing cognitive decline or if an individual's loved one recognizes potential signs of mild cognitive impairment, such as memory loss, as well as those with family history of Alzheimer's disease - even if they are not exhibiting symptoms, are 65 years of age or older, or have had brain trauma or head injury.
ORINY MRNS

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07:10 EDT Orion announces European Commission approval of Ztalmy - The European Commission has granted marketing authorisation in the European Union for Ztalmy oral suspension for the adjunctive treatment of epileptic seizures associated with cyclin-dependent kinase-like 5 deficiency disorder in patients two to 17 years of age. ZTALMY may be continued in patients 18 years of age and older. CDD is a serious and rare genetic disorder. Ganaxolone is developed by Marinus Pharmaceuticals, Inc. and under a collaboration agreement Orion has the right to sell and market ZTALMY in Europe. Following the European Commission approval, Orion is focusing on making ZTALMY available for patients in Europe and has pricing and reimbursement processes planned or underway in Europe.
TFFP

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07:09 EDT TFF Pharmaceuticals, Uniphar Durbin open EAP for TFF VORI - Uniphar Durbin Ireland and TFF Pharmaceuticals announced the opening of an Expanded Access Program enabling patients access to TFF-VORI in the United States, Australia, United Kingdom, Canada and select countries in Europe.
IONS AZN

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07:08 EDT Ionis Pharmacompletes enrollment for Phase 3 CARDIO-TTRansform study - Ionis Pharmaceuticals (IONS) announced the completion of enrollment in the Phase 3 CARDIO-TTRansform cardiovascular outcomes study of eplontersen in patients with transthyretin-mediated amyloid cardiomyopathy, or ATTR-CM, a large and growing patient population at risk of life-threatening cardiovascular, or CV, events. The study enrolled more than 1,400 patients. As part of a global development and commercialization agreement, Ionis and AstraZeneca (AZN) are seeking regulatory approval for eplontersen for the treatment of transthyretin-mediated amyloid polyneuropathy, or ATTRv-PN, in the U.S. and plan to seek regulatory approval in Europe and other parts of the world. The FDA accepted the New Drug Application for eplontersen for the treatment of ATTRv-PN with a PDUFA action date of Dec. 22, 2023. Eplontersen was granted Orphan Drug Designation in the U.S.
CYCN

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07:07 EDT Cyclerion Therapeutics, Tisento close asset purchase agreement - Cyclerion Therapeutics and Tisento Therapeutics announced the closing of the previously disclosed asset purchase agreement. Tisento is launching with an $81M Series A financing to support its development of the Phase 2 soluble guanylate cyclase stimulator zagociguat in MELAS and other genetic mitochondrial diseases, as well as the company's advancement of additional assets for serious diseases with unmet need. Zagociguat is a first-in-class, brain-penetrant sGC stimulator that modulates the nitric oxide-cyclic guanosine monophosphate pathway, a fundamental cell-signaling pathway, and has shown potential to treat both central nervous system and peripheral symptoms of mitochondrial diseases. Phase 2a clinical data, generated by Cyclerion, showed rapid improvements in disease-associated biomarkers in patients with MELAS who received zagociguat for 28 days. In the study, zagociguat exhibited an excellent safety profile, exposure in the CNS and throughout the body consistent with once-daily oral dosing, and improvements across key domains of the disease pathophysiology including neuronal function, mitochondrial function, cerebrovascular hemodynamics, and inflammatory processes. Major Cyclerion shareholders participated in Tisento's Series A financing, including Invus, Peter Hecht, Polaris, and others. They are joined in the Tisento investor syndicate by Sanofi Ventures, Venrock, J. Wood Capital, and others. In the transaction, Tisento acquired from Cyclerion zagociguat and CY3018, a CNS-targeted sGC stimulator in IND-enabling studies. Cyclerion received 10 percent equity ownership in Tisento with anti-dilution protection through $100 million in post-money valuation, as well as the right to purchase additional Tisento equity in the future. The Tisento equity ownership provides Cyclerion shareholders with the opportunity to benefit from future Tisento value creation without further financial or operational obligations for the Tisento assets. In addition, Cyclerion received a $10.4 million cash payment, consisting of an $8 million upfront payment and reimbursement for certain employee and development expenses related to zagociguat and CY3018 for the period between the signing and closing of the transaction. In conjunction with the asset sale, Peter Hecht invested $5 million in Cyclerion.
SO

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07:06 EDT Southern Company's Georgia Power says Vogtle Unit 3 now operational - Georgia Power declared that Plant Vogtle Unit 3 has entered commercial operation and is now serving customers and the State of Georgia. The new unit represents a long-term investment in the state's clean energy future and will provide reliable, emissions-free energy to customers for decades to come. Vogtle Unit 3 is the first newly-constructed nuclear unit in the U.S. in over 30 years and can power an estimated 500,000 homes and businesses. Once all four units are online, the Plant Vogtle site will be the largest generator of clean energy in the nation and support continued growth in Georgia as more industries, businesses and families come to the state. Georgia Power is the largest electric subsidiary of Southern Company.
MRNS

Hot Stocks

07:06 EDT EC approves Marinus Pharmaceuticals' Ztalmy for epelctic seizures from CDD - Marinus Pharmaceuticals announced that the European Commission EC has granted approval of ZTALMY or ganaxolone oral suspension for the adjunctive treatment of epileptic seizures associated with cyclin-dependent kinase-like 5 CDKL5 deficiency disorder CDD in patients two to 17 years of age. ZTALMY may be continued in patients 18 years of age and older. "The approval by the European Commission represents a significant milestone for children, families and physicians who, until now, have long been challenged by the impact of seizures and lack of treatments available for CDD," said Scott Braunstein, M.D., Chairman and Chief Executive Officer of Marinus. "This achievement reflects our organization's unwavering commitment to bring an effective treatment option to individuals living with CDD and we are grateful to all the stakeholders who made the approval possible." The EC approval of ZTALMY in CDD is supported by data from the Phase 3 Marigold double-blind placebo-controlled trial, in which 101 patients were randomized and individuals treated with ZTALMY showed a median 30.7% reduction in 28-day major motor seizure frequency, compared to a median 6.9% reduction for those receiving placebo, achieving the trial's primary endpoint . In the Marigold open label extension study, patients treated with ZTALMY for at least 12 months experienced a median 49.6% reduction in major motor seizure frequency. In the clinical development program, ZTALMY demonstrated efficacy, safety and tolerability with the most common adverse reactions in the ZTALMY group being somnolence, pyrexia, salivary hypersecretion and seasonal allergy. In May 2022, the results from the Marigold study were published in The Lancet Neurology.1 The approval follows a positive opinion issued in May 2023 by the Committee for Medicinal Products for Human Use of the European Medicines Agency and is applicable to all 27 European Union member states plus Iceland, Norway and Liechtenstein. In July 2021, Marinus and Orion Corporation entered into a collaboration agreement which grants Orion the right to commercialize ZTALMY in Europe.
EVAX

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07:06 EDT Evaxion Biotech presents results on EVX-B1 AI-designed vaccine - Evaxion Biotech presents results of EVX-B1 at the Staphylococcal Diseases Gordon Research Conference in New Hampshire, USA. EVX-B1 has been designed using Evaxion's proprietary AI technology for vaccine target discovery. The AI technology has enabled the identification of novel S. aureus antigens, paving the way for the development of a vaccine with potential for broad protection against clinically relevant strains. EVX-B1 induces strong immune responses, both cellular and humoral, that translate to a high level of protection in preclinical models for skin infection and sepsis. Importantly, EVX-B1 prevents both the development of disease and effectively eliminates the infection itself. In a 12-month immunogenicity study, EVX-B1 induced high and long-lasting antibody titers. A booster immunization substantially increased the immune response, protecting against S. aureus infection. The EVX-B1 vaccine candidate is ready for non-clinical development, CMC, and subsequent clinical testing.
TAOP

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07:03 EDT Taoping announces 1-for-10 reverse stock split - Taoping announced that the board of directors of the company approved a one-for-ten reverse stock split of the company's issued and outstanding ordinary shares, no par value. Beginning August 1, the company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol "TAOP" but with new CUSIP number, G8675V 127.
APLS

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07:02 EDT Apellis expects cash to fund operations into 1Q25 - Cash. As of June 30, 2023, Apellis had $616.3 million in cash and cash equivalents, compared to $551.8 million in cash and cash equivalents as of December 31, 2022. Apellis anticipates its cash balance, combined with cash anticipated to be generated from sales of EMPAVELI and SYFOVRE and Sobi reimbursements, to fund operations into the first quarter of 2025.
RDHL

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07:02 EDT RedHill Biopharma: RHB-107 included in Government-supported COVID-19 trial - RedHill Biopharma announced that RHB-107 has been accepted for inclusion in the Austere environments Consortium for Enhanced Sepsis Outcomes' U.S. Government-supported PROTECT multinational platform trial for early COVID-19 outpatient treatment to be conducted in the U.S., Thailand, Ivory Coast and South Africa. The Company also announced that the Phase 2 study, predominantly funded by the U.S. Government Department of Defense's Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense, has received FDA clearance to start and is estimated to be completed by end of 2024.
TDY

Hot Stocks

06:57 EDT Teledyne says Stephen Blackwood to succeed Susan Main as CFO - Teledyne announced that Susan Main, Senior Vice President and CFO, will be retiring from her position at Teledyne, effective December 1, 2023. Sue joined Teledyne Technologies in 2004 and was named CFO in 2012. Sue has continuously held financial roles with increasing responsibility at Teledyne Technologies, the former Teledyne, Inc. and related spin-off companies for the past 34 years. Stephen Blackwood, Teledyne's current Senior Vice President, Strategic Sourcing, Tax and Treasurer will succeed Sue and become Senior Vice President and CFO on December 1, 2023. Since joining Teledyne in 2008, Steve has completed over $5B in debt financings to support Teledyne's growth and acquisition strategy and to diversify funding sources. He also was instrumental in reducing risks associated with Teledyne's historic pension plan.
EXK GROY

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06:53 EDT Endeavour Silver to sell 1% stake in Cozamin Royalty to Gold royalty for $7.5M - Endeavour Silver (EXK) is pleased to announce that its wholly-owned subsidiary, Minera Plata Adelante SA de CV, has entered into an agreement with Gold Royalty (GROY) to sell all of MPA's interest in the 1% Cozamin royalty for total consideration of $7.M, payable in cash. The Royalty applies to two concessions (Calicanto and Vicochea) on Capstone's Cozamin copper-silver mine, located 3.6 kilometres north-northwest of Zacatecas City in state of Zacatecas, Mexico. The company obtained the Royalty through a concession division agreement signed in 2017 on seven wholly owned concessions which were acquired for $445,000 The Cozamin Mine, a copper-silver mine owned and operated by Capstone Copper in Zacatecas, Mexico, is located on two of the seven Concessions. The sale agreement includes an option granted to Gold Royalty Corp to purchase any additional royalties which may be granted on the five remaining concessions under the 2017 concession division agreement. The definitive agreement is subject to standard closing conditions and is expected to be completed by August 31, 2023.
CC

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06:47 EDT Chemours announces development of new specialty fluid, Opteon 2P50 - The Chemours Company recently announced important achievements in the development and manufacture of Opteon 2P50, a new heat-transfer fluid for two-phase immersion cooling. The proprietary fluid is currently in the final testing stages for manufacturing capability, with initial commercialization targeted for 2025, pending appropriate regulatory approvals. Chemours' Opteon 2P50 is a proprietary hydrofluoroolefin dielectric fluid designed to meet the growing demand for high-performing products that reduce environmental impact while enabling circularity. Opteon 2P50 offers zero ozone depletion potential and substantially lower global warming potential compared to incumbent fluids.
IMGN

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06:36 EDT ImmunoGen announces departure of Chief Medical Officer Anna Berkenblit - ImmunoGen announced that Anna Berkenblit, MD, Senior Vice President and Chief Medical Officer, is stepping down from her position with the company to take a well-deserved professional hiatus prior to pursuing new opportunities outside of ImmunoGen. Dr. Berkenblit will continue with the company through the end of August to support the transition of her responsibilities. Michael Vasconcelles, MD, Executive Vice President, Research, Development, and Medical Affairs, will assume the role of Chief Medical Officer.
HSIC

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06:35 EDT Henry Schein Medical, Medpod partner to launch Medpac - Henry Schein Medical, the U.S. medical business of Henry Schein, and Medpod announced the launch of Medpac - a lightweight, portable telediagnostic solution that allows health care providers to offer comprehensive professional care regardless of location, helping to bridge the gap between remote telemedicine consultations and in-person office visits. Exclusively distributed by Henry Schein Medical, Medpac is suitable for a range of applications, including ambulatory surgery centers, emergency medical services, expansion of off-site point of care, health professional storage areas, house calls, military, schools, and worksites.
CRNT

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06:34 EDT Ceragon Networks names Ilan Rosen as chairman - Ceragon Networks announced that the board of directors named Ilan Rosen, a member of the board of directors since July 2021, as its new chairman. Rosen succeeds Zohar Zisapel, who sadly passed away on May 19. Rosen has expertise in concluding mergers and acquisitions, deploying value-creation strategies, and enhancing corporate governance.
BW

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06:33 EDT Babcock & Wilcox Solar Energy awarded $20M in solar contracts - Babcock & Wilcox Enterprises announced that its subsidiary, Babcock & Wilcox Solar Energy, has been awarded contracts totaling more than $20M by Summit Ridge Energy, LLC, for the engineering, procurement and construction of 25 megawatts of community solar energy projects in Illinois. B&W has successfully executed multiple projects for Summit Ridge Energy, including a $15M community solar project announced in March 2023 and a $20M project announced in 2022. B&W will engineer, procure and construct the six photovoltaic solar projects, with completion scheduled for 2024.
PAAS

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06:32 EDT Pan American Silver announces divestment of MARA - Pan American Silver is pleased to announce the status of our divestment of certain non-core assets, including the sale of our interest in the MARA project in Argentina, the Morococha mine in Peru, and the Agua de la Falda project in Chile. "The sale of these non-core assets is aligned with our stated aim of optimizing our portfolio following the Yamana acquisition. These transactions not only reaffirm our commitment to our core business but also yield substantial and immediate value to our shareholders, while maintaining future upside through the retention of copper and gold royalties with strong counterparties," said Michael Steinmann, President and CEO of Pan American. "The consideration for the sale of MARA, coupled with the other sales, will yield total cash proceeds of US$593 million. The cash proceeds will allow us to both fully repay the amount drawn on our credit facility and increase our cash position, further enhancing the resilience of our balance sheet. These transactions will also allow Pan American to reduce its annual project development, reclamation and care and maintenance costs, which for MARA and Morococha amounted to $15.7 million in Q2 2023. This improved balance sheet strength creates enhanced opportunities for the company, providing increased capital to advance key strategic projects, including the La Colorada Skarn Project."
PXLW

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06:10 EDT Pixelworks announces launch of IRX gaming experience brand - Pixelworks announced the official launch of its new IRX gaming experience brand. As a brand targeted at smartphone users, IRX is grounded on Pixelworks' mobile visual processing solutions and coupled with in-depth game tuning services. This combination leverages Pixelworks' expertise to achieve ultra-smooth gaming experience and the highest picture quality for different types of games on mobile devices. In addition, it exercises effective control of power consumption, latency and other performance variables to ensure stable and long-lasting gaming with optimal visual performance, providing end users with unparalleled mobile gaming experiences.
SOL

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06:08 EDT Emeren sells 11.5 MWp PV project to MET Group, terms undisclosed - Emeren Group announced the sale of an 11.5 MWp PV project to the Swiss-based energy company MET Group. The project was sold at the Ready-to-Build stage and MET Group will complete the construction and operate the power plant. This is the first project developed to RTB stage by Emeren Germany GmbH, the Berlin-based subsidiary of Emeren Group, since its entry into the market in early 2021. Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor to Emeren. The new PV power plant will be located in Kentzlin nestled in the state of Mecklenburg-Western Pomerania and the commercial operations are expected to start in the second half of 2024.
RDNT

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06:08 EDT RadNet appoints two executives to lead advancements in technology solutions - RadNet announced the addition of two executives to lead advancements in the company's technology solutions, including its current portfolio of radiology informatics, or eRAD Radiology Information and Image Management Systems and related solutions, and clinical and generative Artificial Intelligence, or AI. Sham Sokka, has been named Chief Operating and Technology Officer of Digital Health at RadNet. Sanjog Misra has joined the company as Chief Commercial Officer of Digital Health. Sokka contributes significant executive-level experience in business, marketing, and innovation from his 20-year tenure at Philips. Sokka most recently served as Senior Vice-President of Innovation and Marketing for Philips Precision Diagnosis business cluster. Prior to that role, he has led informatics and services businesses: the Ventures and Radiology Solutions businesses of that same cluster. Sokka obtained his PhD from the MIT-Harvard division of Health, Sciences, and Technology and earlier in his career also led clinical development in oncology and imaging systems, helping to introduce novel MR-guided therapy systems for oncology. Misra also joins RadNet from Philips, where his last position was Vice President of Enterprise Solutions, Commercial Leader of Diagnostic Imaging Chains and Head of Philips Capital, North America. Over the last 14 years at Philips, Misra has worked in various commercial and finance leadership roles handling Solution Sales and Corporate Finance across geographies that include India, the Asia Pacific, and North America.
ALLR

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06:05 EDT Allarity and FivepHusion announce collaboration agreement for Deflexifol - Allarity Therapeutics and Detsamma Investments, trading as "FivepHusion," an advanced clinical-stage biotechnology company developing Deflexifol, announced that the two companies have entered into a Clinical Collaboration Agreement. Under this agreement, Allarity will support FivepHusion's future clinical development of Deflexifol for the treatment of solid tumors by using certain of Allarity's drug-specific DRP companion diagnostics, including its validated DRP-5FU companion diagnostic, to potentially select patients for enrollment and treatment in clinical trials of Deflexifol as a monotherapy and in combination with other drugs. Deflexifol is a novel anti-cancer drug reformulation designed to address the safety and efficacy limitations of standard-of-care 5FU chemotherapy. It combines, in a single infusion, 5FU and LV, a drug that potentiates 5FU anti-tumor activity, to improve the therapeutic activity of 5FU. FivepHusion expects to start a phase 1b/2a study investigating Deflexifol in combination with oxaliplatin, or DEFLOX, and bevacizumab in the 1st line treatment of unresectable metastatic colorectal cancer, or mCRC, patients in H2 2023. Under the terms of the Clinical Collaboration Agreement, Allarity will initially support FivepHusion's planned Phase 1b/2a trial of DEFLOX plus bevacizumab in 1st line treatment of unresectable mCRC, which will be conducted at trial sites in Australia. Allarity will receive patient biopsies from the trial and analyze them using the DRP companion diagnostics technology to identify patients most likely to respond or not respond to the DEFLOX plus bevacizumab regimen. Following conclusion of the Phase 1b/2a study, FivepHusion will determine whether the ability of the DRP companion diagnostics technology to select patients responsive to DEFLOX plus bevacizumab and/or Deflexifol monotherapy warrants prospective use of the companion diagnostic to select and enroll mCRC patients, in an international, Phase 3 registration study for the drug. Financial terms of the clinical collaboration, option and potential license are not disclosed.
LMDX

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06:01 EDT LumiraDx signs commercial distribution agreement with Axon Lab - LumiraDx announced that it signed a commercial distribution agreement with Axon Lab AG for the commercialization of its LumiraDx Platform and diagnostic tests to include exclusive distribution rights in Switzerland and additional non-exclusive distribution rights in further European countries to include and starting in Germany. Under the terms of the distribution agreement, LumiraDx has granted Axonlab the right to promote, market, and sell the LumiraDx Platform and tests to hospitals, doctors, clinics, private laboratories and research institutions in the aforementioned countries. The distribution agreement is effective immediately. LumiraDx will continue its direct sales programs in its many active markets across the globe. Axonlab has dedicated diagnostics franchises and direct offices in the countries covered under the distribution agreement and is well positioned to accelerate the commercial success of the LumiraDx Platform in Switzerland and Germany.
PDYPY...

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05:25 EDT Flutter Entertainment, Fox Corp. announce close of Fox Bet - Flutter Entertainment (PDYPY) and Fox Corp. (FOX) announced the decision to close sports betting platform Fox Bet. A phased closure of Fox Bet's operations will take place between July 31 and August 31. Flutter operated Fox Bet as part of The Stars Group US along with the U.S. facing operations of PokerStars. Flutter will retain ownership of PokerStars, in addition to US sports betting market leader FanDuel. Fox will retain future use of the Fox and Fox Bet brands, including FOX Bet Super 6, and intends to launch an all-new FOX Super 6 game later this summer. Fox will continue to hold its option to acquire 18.6% of FanDuel and in addition holds a 2.5% stake in Flutter.
ESLT

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05:22 EDT Elbit Systems announces $60M supply contract - Elbit Systems announced that it was awarded a contract worth approximately $60M to supply thousands of 155mm artillery shells to the Israel Defense Forces' Artillery Corps. The contract will be performed over a period of one year.
MANU ADDYY

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05:21 EDT Manchester United renews principal partnership with Adidas - Manchester United (MANU) confirmed that it has renewed its principal partnership with Adidas (ADDYY), as the club's official kit supplier. The new agreement will continue the partnership for a further 10 years until June 2035 and has a minimum cash guarantee of GBP 900M, subject to certain adjustments.
GGR

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05:19 EDT Gogoro enters collaboration with Naoto Fukasawa and MUJI - Gogoro announced a collaboration with Japanese designer Naoto Fukasawa and MUJI, the Tokyo-based consumer goods and lifestyle company. The newly designed Gogoro VIVA ME and Gogoro VIVA MIX ME along with a range of merchandise and accessories were launched today at a press event in Taipei.
ACHR

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05:17 EDT Archer Aviation signs $142M in contracts with DoD - Archer Aviation announced that it has significantly expanded its partnership with the DoD by signing new contracts with the U.S. Air Force with a total value of up to $142M. The new contracts signal the U.S. military's recognition of the transformative potential Archer's innovative eVTOL aircraft brings to our country's Armed Forces. This new execution phase of the partnership includes the delivery of up to six of Archer's Midnight aircraft to the Air Force, the sharing of additional flight test data and certification related test reports, pilot training, and the development of maintenance and repair operations. As a result of these contracts, Archer will create and provide innovative capabilities that will strengthen the national defense of the United States of America.
BB HNHPF

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05:14 EDT BlackBerry selected by MIH to advance EV development efforts - BlackBerry (BB) announced that the Mobility in Harmony, or MIH, Consortium, a Hon Hai Precision-initiated group (HNHPF), that seeks to create an open ecosystem to transform and accelerate innovation within the electric vehicle industry, has selected BlackBerry to provide the foundation for its next-generation platform. MIH will use a range of BlackBerry software and services to serve as the safe and secure software foundation for the consortium's open and agnostic electric vehicle platform with a unique modular design approach. Project X, one of the MIH EV projects, will be a single-row three-seater geared towards Asian consumers, and is set to be unveiled in Japan in late 2023. MIH will also release six-seater and nine-seater vehicle platforms in the coming years to provide more vehicle segment choices. As part of the agreement, MIH will utilize the company's trusted, safety-certified BlackBerry QNX product portfolio and cloud-connected, automotive AI platform, BlackBerry IVY, including QNX Software Development Platform licenses, QNX middleware technologies, as well as engineering professional services for system-level integration, performance optimization, and solution validation.