Stockwinners Market Radar for August 04, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

18:38 EDT Biogen trading halted, news pending

17:54 EDT Astra Space announces strategic reallocation, to lay off 25% of workforce - Astra Space announced a strategic reallocation of its workforce from its Launch Services organization to its Astra Spacecraft Engines business to support its growing customer base and order backlog of its spacecraft engines. Astra last announced 278 cumulative committed orders of the Astra Spacecraft Engine through March 30, 2023, representing approximately $77 million of contract value. A substantial majority of these orders are expected to be delivered through the end of 2024. In support of the Astra Spacecraft Engine business, Astra has reallocated approximately 50 engineering and manufacturing personnel from Launch Services to Space Products. This reallocation includes a combination of permanent reassignments and temporary assignments to support customer programs and increasing production and test capacity through the end of the year. "We are intensely focused on delivering on our commitments to our customers, which includes ensuring we have sufficient resources and an adequate financial runway to execute on our near-term opportunities," said Chris Kemp, Founder, Chairman and CEO. In addition to this reallocation, Astra has also reduced its overall workforce by approximately 25% since the beginning of the quarter, including a reduction of approximately 70 employees that was announced on August 4, 2023. The affected employees primarily supported the Company's launch, SG&A, and shared services functions. "I am grateful for the sacrifices that the employees impacted by this decision have made, and we are deeply committed to treating all impacted employees with the utmost care and respect during this transition," continued Kemp. As discussed on our previous earnings call, Astra continues to make significant reductions to its operating expenses. Cumulative reductions in workforce are expected to result in over $4m of quarterly cost savings beginning in Q4 2023, which when combined with ongoing reductions in Capex and Opex, are expected to result in substantial reductions to cash burn over the next few quarters.

17:18 EDT Textron awarded $241.37M Navy contract - Textron was awarded a $241.37M cost-reimbursable, not-to-exceed undefinitized contract action contract for the procurement of LCAC 100 Class material and non-recurring activities for five future Ship to Shore Connector Landing Craft Air Cushion 100 Class craft. Work is expected to be completed by October 2025. Funds will not expire at the end of the current fiscal year. In accordance with 10 U.S. Code 3204, this contract was not competitively procured: only one responsible source and no other supplies or services will satisfy agency requirements. Work to be performed is the procurement of long lead time material and non-recurring activities for up to five SSC class crafts. Naval Sea Systems Command, Washington, D.C., is the contracting activity.

17:08 EDT Faraday Future interim chairman Adam He resigns - Faraday Future Intelligent Electric announced that the Board of Directors of the Company unanimously appointed Lev Peker as a member of the Board and as a member and the Chair of the Audit Committee of the Board. On July 31, 2023, Adam He provided a letter of resignation as interim Board Chairman, member of the Board and member of the Audit Committee, Compensation Committee, Nominating & Corporate Governance Committee, and Selection Committee, effective immediately.

16:40 EDT RPM exec Ratajczak sells 6,137 common shares - In a regulatory filing, RPM International VP of Global Tax and Treasurer Matthew Ratajczak disclosed the sale of 6,137 common shares of the company on August 3 at a price of $103.289 per share.

16:22 EDT GAP Airports reports July traffic up 11.5% year-over-year - GAP Airports announced preliminary terminal passenger traffic figures for the month of July, compared with the same period of 2022. For July 2023, the total number of terminal passengers at GAP's 12 Mexican airports increased by 11.1%, compared to the same period in 2022. Guadalajara, Los Cabos, Tijuana, and Puerto Vallarta presented an increase in passenger traffic of 13.2%, 9.3%, 7.9%, and 1.5% respectively, compared to June 2022. On the other hand, Montego Bay increased by 19.4%, compared to 2022.

16:13 EDT Copart announces 2-for-1 stock split - Copart announced that its Board of Directors has approved a two-for-one split of its common stock. The stock split will be effected as a stock dividend entitling each stockholder of record to receive one additional share of common stock for every one share owned. Additional shares issued as a result of the stock dividend will be distributed after close of trading on August 21, 2023, to stockholders of record on August 14, 2023. The stock split will increase the number of shares of common stock outstanding from approximately 480.0 million shares to approximately 960.0 million shares. Stockholders do not need to exchange existing stock certificates. Appropriate adjustments will be made to shares subject to awards and available reserves under Copart's equity incentive plans and the number of shares authorized for repurchase under Copart's previously announced share repurchase program.

15:30 EDT Nordstrom Rack to open new location in Queen Creek, Arizona - Nordstrom announced plans to open a new Nordstrom Rack in Queen Creek, Arizona. "We look forward to opening this new Nordstrom Rack location in Queen Creek, strengthening our network of stores and introducing new customers to Nordstrom Rack's unique product offering," said Carl Jenkins, Senior Vice President of Nordstrom Rack Stores. "In addition to shopping great brands at great prices, our customers in Queen Creek can take full advantage of this convenient new location to pick-up online orders and make returns."

14:17 EDT Clean Harbors co-CEO Battles sells 10,000 common shares - In a regulatory filing, Clean Harbors co-CEO Michael Louis Battles disclosed the sale of 10,000 common shares of the company on August 4 at a price of $171 per share.

13:01 EDT Baker Hughes reports U.S. rig count down 5 to 659 rigs

12:13 EDT Illinois Tool Works increases quarterly dividend by 7% to $1.40 per share - Illinois Tool Works said its board authorized a 7% increase to the dividend payout to shareholders, representing a quarterly increase of 9c per share, or 36c per share annually, versus the current dividend rate. The board also declared a dividend on the company's common stock of $1.40 per share for Q3. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on October 12, to shareholders of record as of September 29.

12:06 EDT ArcBest CIO Newcity sells 11,913 common shares - In a regulatory filing, ArcBest chief innovation officer Michael Newcity disclosed the sale of 11,913 common shares of the company on August 3 at a price of $117.51 per share.

12:04 EDT Liquid Media to effect 4-for-1 reverse stock split - Liquid Media Group intends to effect a reverse stock split of its common shares at a ratio of 1 post-split share for every 4 pre-split shares. The reverse stock split will become effective at 4:05 p.m., New York time, on August 4, 2023. The Company's common shares will continue to be traded on the Nasdaq Capital Market under the symbol "YVR" and will begin trading on a post-split adjusted basis when the market opens on Monday, August 7, 2023. The CUSIP number for the Company's common shares following the reverse stock split will be 53634Q402. At the Annual General and Special Meeting of Shareholders held on May 24, 2022 (the "Meeting"), the Company's shareholders approved the consolidation of all of the issued and outstanding common shares of the Company on the basis of one post-consolidation common share for up to four pre-consolidation common shares. Upon shareholder approval, the Company's Board of Directors determined a ratio of 1-for-4 for the reverse stock split. The Share Consolidation is primarily intended to increase the Company's per share trading price. As a result of the Share Consolidation, at the Effective Time, every 4 shares of the Company's issued and outstanding common shares will be converted automatically into one issued and outstanding share of common stock without any change in the par value per share. Stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the Share Consolidation. The Share Consolidation will affect all shareholders uniformly and will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the Share Consolidation would result in a shareholder owning a fractional share. Any fractional share of a shareholder resulting from the Share Consolidation will be rounded down to the nearest whole number of shares. The Share Consolidation will reduce the number of shares of the Company's common shares outstanding from 19,313,340 shares to approximately 4,828,208 shares. Proportional adjustments will be made to the number of shares of the Company's common stock issuable upon exercise or conversion of the Company's equity awards and warrants, as well as the applicable exercise price.

12:01 EDT Chemed increases quarterly dividend 5.3% to 40c per share - Chemed Corporation announced that the Board of Directors has declared a quarterly cash dividend of 40c per share on the Company's capital stock, payable on September 5, 2023, to shareholders of record as of August 14, 2023. This is a 2c, or 5.3%, increase over the 38c dividend paid in June 2023.

12:00 EDT DigitalOcean falls -22.2% - DigitalOcean is down -22.2%, or -$10.38 to $36.30.

12:00 EDT Tupperware Brands rises 45.7% - Tupperware Brands is up 45.7%, or $1.61 to $5.13.

12:00 EDT U.S. Cellular rises 87.1% - U.S. Cellular is up 87.1%, or $15.24 to $32.74.

10:22 EDT Peter Derycz, Bristol Fund to nominate slate for Research Solutions board - Peter Derycz, Bristol Investment Fund and certain of Bristol Fund's affiliates, who collectively beneficially own approximately 20% of Research Solutions' outstanding shares, issued an open letter from Mr. Derycz to RSSS shareholders regarding why change is needed at RSSS and the Group's intention to nominate a full slate of director candidates to RSSS' board of directors at RSSS' 2023 annual meeting of shareholders. Derycz said, "As the Founder, Executive Chairman and one of the largest shareholders of Research Solutions, and as the previous President and Chief Executive Officer, I write to you now with a heavy heart due to the current state of the Company. I believe our Company is at a critical juncture and is in urgent need of change at both the board and management level in order to put the Company back on the right path. While I have repeatedly voiced my concerns to other members of the Company's board of directors, their inaction and lack of urgency have compelled me to bring these matters to your attention...I have repeatedly shared my disappointment and my view that the status quo cannot continue with my fellow directors. Their response has been to express unwavering commitment for Mr. Olivier in the apparent hope that by continuing to blindly support him, things will somehow eventually improve. Now after years of poor performance, I believe that maintaining the status quo is no longer tenable and change is needed immediately to right the ship. I believe this change needs to include the replacement of directors who have refused to hold Mr. Olivier accountable and take the actions that are necessary at the Company. Accordingly, I intend to nominate a majority slate of highly qualified and seasoned director candidates to the Board for election at the Company's 2023 annual meeting of shareholders, including: Paul Kessler, founder of Bristol Investment Fund Ltd., one of RSSS's largest shareholders; Jan Peterson, scholarly and scientific information industry veteran with decades of experience and a former director of the Company; Alan Urban, the Company's former high performing CFO has 20 years' experience in the information industry and over 30 years' experience in corporate finance and accounting; Michael Breen, the Executive Chairman and interim CEO of GT Biopharma; Andrew Ritter, a successful artificial intelligence and healthcare technology entrepreneur; and Myself, Peter Derycz, Executive Chairman and former President and CEO of the Company....We have concluded that it is unlikely shareholder value will be created unless there is a refresh of the current Board and CEO. All shareholders will benefit from a refreshed Board and CEO that are aligned and focused on the critical importance and urgency of creating shareholder value. All shareholders will benefit from a refreshed Board that will hold the CEO accountable for creating shareholder value by executing on an effective and greatly improved investor relation program, properly managing SG&A expenses, focusing on revenue growth, critically evaluating the SaaS acquisition strategy and associated costs, returning capital to shareholders, and inspiring and re-engaging with current and potential new shareholders."

10:00 EDT DigitalOcean falls -20.9% - DigitalOcean is down -20.9%, or -$9.76 to $36.92.

10:00 EDT Tupperware Brands rises 46.4% - Tupperware Brands is up 46.4%, or $1.64 to $5.16.

10:00 EDT U.S. Cellular rises 61.4% - U.S. Cellular is up 61.4%, or $10.74 to $28.24.

09:47 EDT Mueller Water falls -19.5% - Mueller Water is down -19.5%, or -$3.10 to $12.77.

09:47 EDT Telephone and Data rises 43.7% - Telephone and Data is up 43.7%, or $3.45 to $11.35.

09:47 EDT U.S. Cellular rises 49.1% - U.S. Cellular is up 49.1%, or $8.60 to $26.10.

09:36 EDT Medtech Acquisition Corp trading resumes

09:35 EDT Hainan Manaslu Acquisition Corp trading halted, volatility trading pause

09:31 EDT Liberty Formula One trading halted, volatility trading pause

09:17 EDT Better Choice Company appoints Carolina Martinez as CFO - Better Choice Company has appointed Carolina Martinez as CFO, giving its interim CFO the role on a permanent basis effective August 7, 2023. Nina will lead the Company's financial strategy and function, and will report directly to Kent Cunningham, CEO of Better Choice. Martinez joins Better Choice from ONE10 Advisors, a consultancy of strategic finance and accounting solutions, where she most recently served as Interim CFO for a consumer packaged goods company, leading through IPO readiness to initial S-1 filing.

09:07 EDT AMC Networks says marketers 'relatively conservative' with spending - Expects ad market to be "challenging" through 2H23.

09:06 EDT Avinger announces conversion of 12% of CRG term debt into equity - Avinger announced the conversion of approximately 12% of its existing debt with entities affiliated with CRG Partners III L.P. into shares of a new series of convertible preferred stock. The conversion reduces the outstanding principal amount of the debt by $1.92 million, or approximately 12%, in exchange for 1,920 shares of Avinger Series E convertible preferred stock. The December 31, 2025 maturity date of the term loan and other covenants remain unchanged. Following this transaction, the shares of Series E preferred stock held by CRG are convertible into an aggregate of 2,684,160 shares of common stock, representing approximately 19.9% of Avinger's common stock on a post-conversion to common stock basis. Each share of Series E preferred stock is initially convertible into 1,398 shares of Avinger's common stock, based on a conversion price of $0.715, which is equal to the closing price of the common stock on August 2, 2023.

09:01 EDT Keurig Dr Pepper appoints Monique Oxender as Interim Chief Corp Affairs Officer - Keurig Dr Pepper announced the appointment of Monique Oxender as Interim Chief Corporate Affairs Officer, reporting to Chairman & CEO Bob Gamgort and joining the Executive Leadership Team. In this role, Oxender will oversee the Company's corporate responsibility, government affairs, corporate communications and internal communications work. She succeeds Maria Sceppaguercio, who had previously announced her planned retirement and will stay as an advisor to the Company through the end of year. Oxender has been with KDP for more than 11 years, most recently as Senior Vice President & Chief Sustainability Officer, where she designed the organizational and strategic framework for the Company's ambitious corporate responsibility platform. Under her leadership, the Company has made significant progress against its commitments through cross-functional collaboration and multi-stakeholder partnerships. Prior to joining KDP, Monique served in leadership roles with Ford Motor Company, overseeing supply chain sustainability programs and working with a wide range of external stakeholders.

08:58 EDT Medigus says Charging Robotics to install charging system with carpark provider - Medigus announced that Charging Robotics Ltd., a subsidiary of Fuel Doctor Holdings a Delaware corporation listed on the OTC Market, received a Letter of Intent from an automatic car park provider in Israel to evaluate Charging Robotic's wireless charging system for electric vehicles. The wireless charging system is set to answer the unmet need of charging electric vehicles in automatic car parks. Automatic car parks are gaining popularity as they offer an ultra-efficient solution to park cars, while reducing expensive real estate costs. However, since these are "unmanned facilities, there is no way for the driver to connect a charging cable to the vehicle. This is a major concern, particularly in areas where electric vehicles are common, and automatic car park providers are constantly looking for technological solutions to meet growing demand.

08:50 EDT Orbit International' SPS reports July bookings of $1.25M - Orbit International announced that bookings from its Simulator Product Solutions LLC subsidiary for the month of July 2023 were approximately $1,250,000 bringing its year-to-date bookings to approximately $6,900,000, an increase of approximately 27% over the entire 2022 fiscal year. Deliveries for the July 2023 orders are expected to commence in the third quarter of 2023 and are expected to continue through the third quarter of 2024. In addition, the Company also announced that SPS has entered a new five-year lease with its existing landlord for an additional approximately 6,700 square feet of office/production/warehouse space in Carson, California. Possession of the newly acquired space is expected to occur at the end of the third quarter.

08:36 EDT Adial Pharmaceuticals announces 1-for-25 reverse stock split - Adial Pharmaceuticals announced that it will effect a 1-for-25 reverse stock split of its common stock, par value $0.001 per share, that will become effective on August 4, 2023 at 11:59 p.m. Eastern Time. Adial's Common Stock will continue to trade on the Nasdaq Capital Market under the symbol "ADIL" and will begin trading on a split-adjusted basis when the Nasdaq opens on August 7, 2023. The new CUSIP number for the Common Stock following the reverse split will be 00688A 205. Among other considerations, the reverse split is intended to bring the Company into compliance with the minimum bid price requirement for maintaining the listing of its Common Stock on the Nasdaq Capital Market, and to make the bid price more attractive to a broader group of institutional and retail investors. "We have made continued progress on our partnering and regulatory strategies, as illustrated by the recent positive feedback we have received from relevant global regulatory bodies," stated Cary Claiborne, CEO of Adial Pharmaceuticals. "Nevertheless, similar to other micro-cap and biotech companies, we have faced a challenging capital markets environment. We believe this reverse split will not only allow us to regain compliance with Nasdaq's minimum bid price requirement, but also tighten the public float in our stock, enabling us to attract a broader universe of investors. We remain highly encouraged by the outlook for the business and look forward to providing updates on our progress as we advance a number of key strategic initiatives around AD04, our genetically targeted, serotonin-3 receptor antagonist for the treatment of Alcohol Use Disorder."

08:34 EDT WynnBET app now available in six more states - WynnBET, the online casino and sports betting app from Wynn Resorts, announced that six of its states are now available on the new WynnBET app. The new multi-state platform replaces existing state specific apps, bringing players several improved features including faster deposits and withdrawals, one app and login across all states, a travelling wallet, more sports markets, and more casino games. Players with existing accounts in Arizona, Colorado, Indiana, Louisiana, Tennessee, and Virginia will be prompted to download the new app and login using their existing login information. All existing bets, funds, and Wynn Rewards points will be safely transferred automatically.

08:34 EDT AirSculpt Technologies hosts IG Live with Jenny McCarthy - AirSculpt Technologies and its Founder and Executive Chairman, Dr. Aaron Rollins are excited to join celebrity, TV personality and brand ambassador for the new SKIMS swim campaign, Jenny McCarthy, to discuss her AirSculpt experience on AirSculpt's Instagram Live, Monday August 7 at 2:30 p.m. EST. Earlier this summer, AirSculpt unveiled Jenny's dramatic transformation on @airsculpt's Instagram.

08:33 EDT EUDA Health receives Nasdaq notification on minimum market value deficiency - EUDA Health received a notice from the Nasdaq Stock Market, stating that the Company's listed securities failed to comply with the $35 million market value of listed securities requirement for continued listing on the Nasdaq Capital Market in accordance with Nasdaq Listing Rule 5550(b)(2) based upon the Company's Market Value of Listed Securities for the 30 consecutive business days prior to the date of the MVLS Notice. The MVLS Notice has no immediate effect on the listing of the Company's securities on Nasdaq and the Company has been provided a period of 180 calendar days from the date of the MVLS Notice, or until January 24, 2024, in which to regain compliance. In order to regain compliance with Nasdaq Listing Rule 5550(b)(2), the Market Value of Listed Securities of the Company must close at $35,000,000 or more for a minimum of ten consecutive business days during the MVLS Compliance Period.

08:31 EDT Workhorse Group says ISS recommends stockholders for FOR proposal - Workhorse Group highlighted the recommendation by leading independent proxy advisor Institutional Shareholder Services Inc. that Workhorse stockholders vote FOR the proposal to increase the number of authorized shares of Workhorse common stock in connection with the upcoming Special Meeting, which is scheduled to be held on August 28, 2023.

08:21 EDT Icahn Enterprises drops 23% to $25.07 after cutting dividend

08:10 EDT Icahn Enterprises cuts quarterly distribution to $1.00 from $2.00 - On August 2, 2023, the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $1.00 per depositary unit, which will be paid on or about September 27, 2023 to depositary unitholders of record at the close of business on August 18, 2023.

08:09 EDT Carl Icahn: Q2 partially reflected the impact of short-selling on companies - Carl Icahn, Chairman of IEP, said: "I believe the second quarter partially reflected the impact of short-selling on companies we control or invest in, which I attribute to the misleading and self-serving Hindenburg report concerning our company. It also reflected the size of the hedge book relative to our activist strategy. Subsequent to the quarter, I have entered into a three-year term loan agreement with my personal lenders (see Form 8-K filed on July 10, 2023) which in my opinion has significantly diffused the effects of the misleading Hindenburg report, and focused on our activist strategy and reduced our hedge book. These actions have been a major factor in what I believe is IEP turning the corner in July. In the month of July, our publicly traded securities, which are included in our indicative net asset value, experienced over a $500 million increase in value, net of all hedge positions. Over the last 23 years, IEP has paid significant distributions to unitholders. I believe it is compelling that if you purchased 1,000 IEP depositary units in January 2000, for $7.63 per unit and elected to take all distributions in cash as they were paid, you would have received approximately $76,000 in cash distributions and would have still owned the 1,000 units. IEP has issued distributions for 73 continuous quarters. The payment of future distributions will be determined by the board of directors quarterly, based upon current economic conditions and business performance and other factors that it deems relevant at the time that declaration of a distribution is considered. We do not intend to let a misleading Hindenburg report interfere with this practice. This quarter, IEP is declaring a $1.00 per depositary unit distribution, which represents a 12% annualized yield based on yesterday's closing price and unitholders will continue to have the right to elect whether to receive cash or additional depositary units. We thank our many loyal unitholders that have communicated to us over the last several months. We look forward to continuing to focus on our activism strategy."

08:07 EDT OTC Markets announces quarterly index performance, rebalancing - OTC Markets Group announced the second quarter 2023 performance and quarterly rebalancing of the OTCQX and OTCQB indexes, including the OTCQX Canada Index and the OTCQX Dividend Index. The OTCQX Composite Index, a benchmark for the overall OTCQX Best Market, was up slightly by 0.5% in Q2 2023. 61 new companies joined the Index while 35 companies were removed. Reunion Gold Corp, Consolidated Uranium, Meridian Mining UK Societas, Denarius Metals, and Ledyard Financial Group all joined OTCQX from OTCQB in Q2 2023. No securities moved from OTCQX to an exchange in the quarter. The OTCQX Billion+ Index, which tracks the performance of $1 billion-plus market cap OTCQX companies was up slightly by 0.8% in Q2 2023. 7 new companies joined the Index and no companies were removed. The OTCQX Dividend Index, which tracks dividend-paying U.S. and international OTCQX companies, was up slightly by 0.4% in Q2 2023. 29 new companies joined the Index, while 6 companies were removed. The OTCQX Banks Index, comprised of OTCQX community and regional banks, was down 6.0% in Q2 2023. 28 companies joined the Index while 4 companies were removed. The OTCQX International Index, a benchmark for international OTCQX companies, was up slightly by 0.4% in Q2 2023. 28 new companies joined the Index while 23 companies were removed. The OTCQX Canada Index, which tracks Canadian OTCQX companies was down slightly by 0.7% in Q2 2023. 19 new companies joined the Index while 22 companies were removed. The OTCQX U.S. Index, a benchmark for U.S. OTCQX companies, was up 2.3% in Q2 2023. 33 new companies joined the Index while 12 companies were removed. The OTCQX Cannabis Index. a benchmark for cannabis companies, was down 4.7% in Q2 2023. 4 new companies joined the Index while 4 companies were removed. The OTCQB Venture Index, which tracks the overall OTCQB Venture Market, was down 6.3% in Q2 2023. 144 companies were added to the index while 98 companies were removed. 3 securities went from OTCQB to OTCQX in Q2 and are now included in at least one of the OTCQX Indices.

08:05 EDT Medavail enters agreement with Oak Lawn for deployment of M4 MedCenters - MedAvail announced that it has entered into an agreement with Dallas-based Oak Lawn Pharmacy to deploy ten M4 MedCenter kiosks across Texas. Per the terms of the agreement, Oak Lawn will deploy at least two M4 MedCenters in 2023, with the remainder to be deployed within 24 months of contract execution. Oak Lawn will fund the cost of setting up the MedCenters. "I am very pleased to welcome Oak Lawn Pharmacy as our newest partner and look forward to further bolstering our presence in the Dallas-Fort Worth metropolitan area, where we already operate a significant number of MedCenters," stated Mark Doerr, Chief Executive Officer of MedAvail. "Remote prescription dispensing via the MedCenter confers many benefits to both clinics and patients, and we are pleased to partner with Oak Lawn Pharmacy to improve access to medications and help support better patient outcomes."

08:04 EDT Oxford Lane estimates NAV per share $4.68-$4.78 as of July 31 - Management's unaudited estimate of the range of the NAV per share of our common stock as of July 31, 2023 is between $4.68 and $4.78. This estimate is not a comprehensive statement of our financial condition or results for the month ended July 31, 2023. This estimate did not undergo the Company's typical quarter-end financial closing procedures and was not approved by the Company's board of directors. We advise you that our NAV per share for the quarter ending September 30, 2023 may differ materially from this estimate, which is given only as of July 31, 2023. As of July 31, 2023, the Company had approximately 190.1 million shares of common stock issued and outstanding.

07:57 EDT Nikola: Steve Shindler to serve as Chairman of the Board - In connection with his appointment as CEO, Girsky will remain on the Board of Directors and Steve Shindler, a director since October 2020, will serve as Chairman of the Board. Shindler is a veteran executive who has significant corporate financial management and strategic planning experience. He has served in c-suite positions, including most recently as CEO of NII from 2012 until August 2017, as well as from 2000 to 2008, where he successfully transformed the company from a start-up operation into a leading wireless provider.

07:53 EDT Fastenal reports July sales up 3.7% to $573.5M - Fastenal reported July sales of $573.498M versus $553.278M in the same month of last year. Fastenal reported July daily sales of $28.68M, up 3.7% versus 2022. Reference Link

07:48 EDT Barrick Gold aims to restart Porgera operations later this year - Barrick Gold Corporation is aiming to restart operations at the Porgera gold mine later this year, president and chief executive Mark Bristow says. This follows the Security Forum and the opening of the Development Forum on July 20, a precondition for the granting of a special mining lease, by the Minister of Mining, the Hon Sir Ano Pala, at an event attended by the Prime Minister, the Hon James Marape, the Governor of Enga Province, Sir Peter Ipatas and several thousand Porgerans. At the same event, the Mining Minister told the audience the maintenance of law and order was critical for the successful restart and operation of the mine. Bristow commented that, if all goes according to plan, Porgera could be back in operation before the end of 2023. In preparation for the restart, the mobile fleet and fixed plant are being recommissioned, the mining and metallurgy plans have been updated, and the personnel recruitment plan has been finalized, with preference given to local employment. Papua New Guinea stakeholders own 51% of New Porgera with Barrick Niugini Limited, which will operate the mine, holding 49%. Economic benefits will be shared 53% by the PNG stakeholders and 47% by Barrick Niugini.

07:46 EDT Eli Lilly reports 'positive' topline results from LIBRETTO-431 study - Eli Lilly and Company announced topline results from the LIBRETTO-431 study evaluating Retevmo versus platinum-based chemotherapy plus pemetrexed - with or without pembrolizumab - as an initial treatment for patients with rearranged during transfection fusion-positive advanced or metastatic non-small cell lung cancer. The study met its primary endpoint, demonstrating a statistically significant and clinically meaningful improvement in progression-free survival. This result was based on a pre-specified interim efficacy analysis conducted by an independent data monitoring committee. Adverse events observed on Retevmo were generally consistent with those identified across the previously reported Retevmo development program.

07:36 EDT E.W. Scripps sees Q3 Local Media revenue down mid-single-digit percent range - Sees Q3 Local Media expense Up low-single-digit percent range; Scripps Networks revenue down in the 10% range; Scripps Networks expense Up low-single-digit percent range; and shared services and corporate about $22M.

07:32 EDT Telephone and Data and U.S. Cellular explore alternatives for UScellular - The boards of directors of Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) have each decided to initiate a process to explore strategic alternatives for UScellular. The comprehensive process will explore a range of strategic alternatives. TDS has retained Citi (as its financial advisor and has retained legal counsel in connection with the review of strategic alternatives for UScellular. In connection with the review, the UScellular independent directors, as authorized by the UScellular board, have retained a financial advisor and legal counsel. There is no deadline or definitive timetable set for completion of the strategic review, and there can be no assurance regarding the results or outcome of this review. TDS and UScellular do not intend to comment further on this strategic review process, and will make further announcements in accordance with their respective ongoing disclosure obligations and pursuant to applicable laws and regulations.

07:31 EDT Adamas One announces plans to increase presence in semiconductor sector - Adamas One announced its plans to increase its presence in the semiconductor sector and the appointment of Peter Cohen as Vice President, Business Development. Cohen will initially concentrate on the utilization of Lab-Grown Diamonds in the production of semiconductors in the industrial and technology sectors. He will report to Chief Operating Officer Gerald McGuire, who has extensive experience in the semiconductor field. "Lab-Grown Diamonds' thermal conductivity and durability make them ideal for use in semiconductor devices. We believe our patented technology provides us with a significant opportunity to address the increasing demands of the semiconductor sector," Adamas One CEO Jay Grdina stated. "We are excited to welcome Peter to our team, where he will work with Jerry to solidify our presence in the semiconductor space and then help identify more consumer-oriented opportunities with our soon-to-be-launched Elle Jolie luxury jewelry line. Having worked closely with him in multiple capacities for over a decade, I am confident Peter has the significant reach, especially across the media and entertainment landscape, that will help Adamas One substantially expand awareness and market penetration."

07:10 EDT Microbix Biosystems upgrades logistics software systems - Microbix Biosystems announces its successful adoption of software to upgrade, digitize, and integrate its Enterprise Resource Planning, ERP, platform and electronic Quality Management System, eQMS. These logistics IT systems are intended to facilitate growth in sales of Microbix's product lines and thereby enable achievement of its business objectives. Microbix announced its selection of new ERP and eQMS systems in March, 2022, with its goal being to achieve "Go-Live" with each by the end of fiscal 2023. That goal is now achieved, with the new ERP software supporting operations from raw materials procurement through to receivables collection. In turn, processes relating to product development, SKU manufacturing, QC/QA, and staff training are now being digitized via the new eQMS system.

07:04 EDT Enbridge reaffirms its 2023 outlook for EBITDA, DCF - The company reaffirms its 2023 financial guidance for EBITDA and DCF. Results for the first six months of 2023 are in line with the company's expectations and the Company anticipates that its businesses will continue to experience strong capacity utilization and operating performance through the balance of the year with normal course seasonality. Strong operational performance in the first half of the year is expected to be offset by higher financing costs, due to increased interest rates, and a lower toll on the Mainline.

06:50 EDT Fisker sees FY23 Capital Expenditures $245M-$260M - Fisker expects to produce 20,000-23,000 units in 2023, provided Fisker's suppliers and partners can support this volume and ramp. The following information reflects Fisker's expectations for key non-GAAP operating expenses and capital expenditures for FY23. Fisker is projecting the total of these items to be within a range of $565M-$640M. Fisker anticipates an 8-12% gross margin range for full year 2023, provided input costs do not change dramatically. Sees FY23 Research & Development $160M- $190M. Sees FY23 Selling, General, and Administrative $160M-$190M.

06:42 EDT LyondellBasell says petrochemical margins are being challenged - The company said, "In the third quarter, the company expects typical benefits from summer seasonality to be more than offset by soft demand due to ongoing economic uncertainty. Stagnant demand, volatile feedstock costs and new capacity in North America and China are challenging petrochemical margins. Summer demand for transportation fuels continues to support attractive oxyfuels and refining margins. During the third quarter, LyondellBasell expects average operating rates of 85% for North American olefins and polyolefins (O&P) assets and 75% for European O&P as well as Intermediates & Derivatives assets in line with global market demand. The company believes current market conditions will persist amidst challenging economic conditions and a slower than expected recovery in China."

06:34 EDT AdvanSix sees FY23 CapEx $110M-$120M - The company expects favorable underlying agriculture industry fundamentals to continue; Typical North American ammonium sulfate seasonality expected to drive Q3 sequential domestic pricing decline. Expect balanced supply and demand conditions for North American acetone to continue. Expect continued unfavorable supply and demand conditions across nylon and other chemical intermediates due to headwinds in consumer durables and building and construction end markets. Continue to expect pre-tax income impact of planned plant turnarounds to be $25M-$30M in Q3, totaling $28M-$33M in FY23. "We are highly focused on the execution of our upcoming third quarter planned plant turnaround to support safe, stable and sustainable operations at higher utilization rates relative to our industry. While we anticipate the impacts of ammonium sulfate seasonality and soft end market demand overall, we remain well positioned to offer near, medium and long-term value for our shareholders supported by the structural improvements made to the underlying earnings power of this business. We are committed to producing the right chemistries with the right properties to solve our customers' most exciting opportunities, recently illustrated by the introduction of new 100%post-consumer recycled content nylon," said Erin Kane, president and CEO of AdvanSix.

06:06 EDT Amneal Pharmaceuticals raises FY23 operating cash flow view to $220M-$250M - Prior view $200M-$230M. Backs FY23 CapEx view $50M-$60M.

05:16 EDT UMC reports July revenue NT$19.06M, down 23.21%