Stockwinners Market Radar for September 14, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

RBLX

Hot Stocks

20:10 EDT Cathie Wood's ARK Investment bought 332K shares of Roblox today
GENI

Hot Stocks

20:09 EDT Cathie Wood's ARK Investment bought 1.27M shares of Genius Sports today
NVX

Hot Stocks

20:07 EDT Novonix achieves key milestones with synthetic graphite - The company states: "NOVONIX is pleased to provide an update on production from its proprietary, continuous induction Generation 3 Furnaces at its Riverside, Tennessee facility. The Company previously reported its high-performance battery grade synthetic graphite met specification targets from its Furnaces. Production campaigns have been ongoing to provide both operating data and economic insight on this breakthrough technology. In the most recent campaign, material was produced that met all specifications while also reaching the equipment design throughput targets. The Company will continue with production campaigns to collect more operational data and provide mass-production material for sampling to potential customers. The achievement of these milestones highlights the potential of the Company's continuous induction Furnace technology in meeting production targets at competitive cost while reaching our high-energy efficiency target with a near zero-emission process. The Company is updating the engineering for both the process equipment and Riverside facility with an increased production target of up to 20,000 tonnes per annum (tpa), compared to the initial target of 10,000 tpa. This updated throughput will support KORE Power and other prospective customers with whom the Company is in discussions about product qualification, production timelines and potential supply agreements. The Company expects engineering work to confirm this full facility re-design to be completed in the first quarter of 2024 which will support the continued deployment of additional mass production equipment for the start of commercial production for KORE Power in late 2024."
APPS

Hot Stocks

19:15 EDT Digital Turbine director buys $50K in common stock - In a regulatory filing, Digital Turbine disclosed that its director Holyce Groos bought 7.6K shares of common stock on September 14th in a total transaction size of $50K. Shares of Digital Turbine are up 6% after-hours at $7.25.
ERJ

Hot Stocks

19:04 EDT Embraer announces $288M order from Air Peace for five new E175s - The company stated: "Nigeria based Air Peace, West Africa's largest airline, has placed a firm order for five Embraer E175 aircraft. This strategic decision marks a significant step forward and is in alignment with Air Peace's ongoing strategy of modernising its fleet. This acquisition is in line with Air Peace's determination to become the operator of the largest and youngest fleet of aircraft in Africa. It reinforces Air Peace's commitment to enhancing its domestic and regional network connectivity and paves the way for further regional expansion. Deliveries of the 88 seat aircraft start in 2024. The value of the order, at list price, is $288.3M. Already an operator of Embraer's newest and largest jet, the E195-E2, these smaller aircraft will complement the airlines' existing fleet, allowing Air Peace to dynamically match capacity to demand, protecting yields and route viability."
ABCM DHR

Hot Stocks

19:01 EDT Abcam says Milner's opposition to Danaher deal 'surprising' - Abcam (ABCM) notes today's announcement by Dr. Jonathan Milner. "The company considers it surprising that Dr. Milner has taken active steps to oppose the deal without reviewing the full details in the Scheme Circular to be published in connection with the proposed acquisition of all of the outstanding shares of Abcam by Danaher Corporation (DHR) for $24.00 per share in cash (the "Transaction"), which appears to be an attempt to create confusion for shareholders ahead of voting on the Transaction," the company said. "The Scheme Circular will be published in the coming weeks, in line with the Company's disclosure obligations and following the appropriate process with the High Court of Justice in England and Wales. The information provided within the Scheme Circular will ensure all shareholders are provided with the complete details related to the Transaction including reasons and background to the Board recommendation, Lazard and Morgan Stanley's advice to the Board, and the process followed. The Company looks forward to engaging with all shareholders following publication of the Scheme Circular. The acquisition of Abcam by Danaher was unanimously approved and recommended by the Board of Directors of Abcam following a thorough, competitive and comprehensive sales process, which engaged over 30 counterparties, including more than 20 potential strategic acquirers, leading to multiple bidders. All bidders were given access to the same financial information, consistent with the information the Company has made public. After receiving offers from multiple bidders, Danaher's all cash offer of $24.00 was the highest and best price. The Company believes the recommended all cash offer provides value maximization and certainty of outcome for all shareholders, as well as a positive outcome for employees and customers. Abcam is expected to operate as a standalone operating company and brand within Danaher's Life Sciences segment following transaction closing, adding to Danaher's presence in the UK where it currently employs almost 5,500 people. Danaher is committed to keeping Abcam's headquarters in the UK."
HOOD

Hot Stocks

18:58 EDT Robinhood exec sells $877K in common stock - In a regulatory filing, Robinhood disclosed that its Chief Creative Officer Baiju Bhatt sold 80.7K shares of common stock on September 12th in a total transaction size of $877K.
HOOD

Hot Stocks

18:57 EDT Robinhood exec sells $867.8K in common stock - In a regulatory filing, Robinhood disclosed that its General Counsel Daniel Gallagher sold 80K shares of common stock on September 12th in a total transaction size of $867.8K.
LCW

Hot Stocks

18:47 EDT Learn CW Investment extends business combination period to October 13 - Learn CW Investment announced that it has deposited into the company's trust account an aggregate of $115,000 to further extend the period of time the company has to consummate its initial business combination by an additional one month, from the current deadline of September 13, 2023 to October 13, 2023. This is the sixth of up to six one-month extensions permitted under the company's governing documents.
AAP

Hot Stocks

18:41 EDT Advance Auto Parts director buys $499.8K in common stock - In a regulatory filing, Advance Auto Parts disclosed that its director Eugene Lee bought 8.7K shares of common stock on September 13th in a total transaction size of $499.8K.
IOT

Hot Stocks

18:40 EDT Samsara CEO Biswas sells 89,800 class A shares - In a regulatory filing, Samsara CEO Sanjit Biswas disclosed the sale of 89,800 class A common shares of the company on September 12 at a price of $30.4779 per share.
IOVA

Hot Stocks

18:10 EDT Iovance says FDA updates PDUFA action date for lifileucel - Iovance Biotherapeutics announced the U.S. Food and Drug Administration, because of resource constraints, requires additional time to complete the Priority Review of Iovance's Biologics License Application for lifileucel. The BLA is seeking accelerated approval of lifileucel for patients with advanced melanoma. The FDA extended the new target action date for a decision under the Prescription Drug User Fee Act to February 24, 2024, but agreed to work with Iovance to expedite the remaining review for a potentially earlier approval date. The FDA recently notified Iovance that they had insufficient resources to review a recent response to an information request for the ongoing BLA review prior to the planned late-cycle review meeting scheduled for September 11, 2023. In a meeting with the FDA held on September 14, 2023, the FDA acknowledged the resource constraints and agreed to work closely with Iovance to expedite the remaining review. The overall BLA process continues under Priority Review with several recent positive status updates. The FDA reiterated there are no major review issues, and there are no plans to hold an advisory committee meeting. In addition, all pre-approval inspections of clinical sites. internal and external manufacturing and testing facilities have been successfully completed. The FDA is also engaged and has expressed no concerns on the status of the TILVANCE-301 confirmatory trial in frontline advanced melanoma, which remains on track to be well underway by the PDUFA date.
LMT

Hot Stocks

17:27 EDT Lockheed Martin awarded $151.36M Air Force contract - Lockheed Martin was awarded a not-to-exceed $151.36M fixed-price-incentive contract for Bulgaria F-16 Block 70 production. This contract provides for the production of eight F-16 Block 70 aircraft. Work is expected to be completed by September 30, 2027. This contract involves Foreign Military Sales to the Republic of Bulgaria. This contract was a sole-source acquisition. Foreign Military Sales funds in the amount $68.07M are being obligated at time of award. The Air Force Life Cycle Management Center is the contracting activity.
LFT

Hot Stocks

17:26 EDT Lument Finance Trust increases quarterly cash dividend 17% to 7c per share - Lument Finance Trust declared a cash dividend of 7c per share of common stock with respect to Q3 2023, which represents a 17% increase over the Q2 2023 dividend of 6c per share. The dividend is payable on October 16 to common stockholders of record as of the close of business on September 29. The company also declared a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on October 16 to preferred stockholders of record as of the close of business October 2.
ADBE

Hot Stocks

17:26 EDT Adobe sees Q4 tax rate 18.5% - Says Firefly has generated over 2B images. Says digital content creation and consumption are exploding. Says saw strong momentum across AEP and native apps with the total book of business surpassing $600M during Q3. Says continues to be excited about the pending Figma acquisition. Sees Q4 tax rate 18.5%. Comments and guidance taken from Q3 earnings conference call.
GOOG GOOGL

Hot Stocks

17:25 EDT California Attorney General announces $93M privacy settlement with Google - California Attorney General Rob Bonta announced a $93M settlement with Google resolving allegations that its location-privacy practices violated California consumer protection laws. The settlement follows a multi-year investigation by the California Department of Justice that determined Google was deceiving users by collecting, storing, and using their location data for consumer profiling and advertising purposes without informed consent. In addition to paying $93M, Google has agreed to accept strong injunctive terms to deter future misconduct. In a complaint filed with the proposed stipulated judgment, Attorney General Bonta alleges that Google deceived users in numerous ways regarding how it collected, stored, and used a person's location data. For example, the complaint alleges that Google falsely told users that if they turned off the "Location History" setting, then Google would not store their location data. However, according to the complaint, even when a user turned Location History off, Google continued to collect and store that user's location data through other sources. The complaint also alleges that Google deceived users about their ability to opt out of advertisements targeted to their location. Under the settlement, Google must pay the state $93M and be subject to a number of injunctive terms that will protect the privacy interests of California users, including requirements that Google: show additional information to users when enabling location-related account settings; provide more transparency about location tracking; provide users with detailed information about the location data that Google collects and how it is used through a "Location Technologies" webpage; disclose to users that their location information may be used for ads personalization; disclose to users before using Location History data to build ad targeting profiles for users and obtain review by Google's internal Privacy Working Group and document approval for all material changes to location-setting and ads personalization disclosures that will have a material impact on privacy.
OGN

Hot Stocks

17:16 EDT Organon's JADA System reaches efficacy endpoint in published study - Organon announced that Obstetrics & Gynecology, the peer-reviewed journal of the American College of Obstetrics and Gynecology, published the results of the RUBY study which reached its primary effectiveness outcome of successfully treating abnormal postpartum uterine bleeding and postpartum hemorrhage - PPH - with the JADA System. JADA is an intrauterine vacuum-induced hemorrhage control device intended to provide control and treatment of abnormal postpartum uterine bleeding or hemorrhage when conservative management is warranted. JADA achieved treatment success in both the vaginal - 92.5% - and cesarean birth - 83.7% - groups, regardless of the cause of the abnormal postpartum uterine bleeding. When reviewing patient cases that received standard PPH interventions plus the JADA System, lower blood loss prior to device insertion was associated with lower severe maternal morbidity.
AVGO

Hot Stocks

17:09 EDT Broadcom director sells $1.28M in common stock - In a regulatory filing, Broadcom disclosed that its director Eddy Hartenstein sold 1.5K shares of common stock on September 12th in a total transaction size of $1.28M.
TEAM...

Hot Stocks

17:03 EDT Atlassian names Zeynep Ozdemir as CMO, Kevin Egan as CSO - Atlassian (TEAM) announced two additions to its executive leadership team with the appointment of Zeynep Ozdemir as its Chief Marketing Officer and the promotion of Kevin Egan to Chief Sales Officer. Ozdemir will join the company on October 2 and will be responsible for all marketing functions across Atlassian. She brings a depth of experience in product marketing and demand generation, most recently from Palo Alto Networks (PANW) where she oversaw the company's rapid expansion into multiple cybersecurity categories. Atlassian is also promoting Kevin Egan to Chief Sales Officer effective October 2. Kevin joined Atlassian in May 2021 as the Head of Global Enterprise Sales, bringing over 25 years of enterprise sales experience and leadership to the company. Prior to Atlassian, Kevin served as the Vice President of North American Sales at both Slack and Dropbox (DBX) and held various senior sales leadership positions during his 10-year tenure at Salesforce (CRM).
OIS

Hot Stocks

17:02 EDT Oil States awarded contract for Merlin Deepsea Mineral Riser System - Oil States received a notable contract for its Merlin Deepsea Mineral Riser system. The system will be deployed to harvest critical seabed minerals such as cobalt, manganese, nickel and rare earth elements which are key components in batteries for electric vehicles, solar cells, wind turbines, computers and smartphones.
CPA

Hot Stocks

17:02 EDT Copa Holdings reports August passenger traffic rose 13.3% y/y - Copa Holdings, S.A. released preliminary passenger traffic statistics for August 2023. For the month of August 2023, Copa Holdings' capacity increased by 12.8%, while system-wide passenger traffic increased by 13.3%, compared to 2022. As a result, the system load factor for the month was 87.0%, 0.3 percentage points higher than August 2022.
DASH

Hot Stocks

17:01 EDT DoorDash announces move to Nasdaq - DoorDash announced that it will transfer its stock exchange listing to the Nasdaq Stock Market from the New York Stock Exchange. The Company expects to begin trading as a Nasdaq-listed company on September 27, 2023 and will continue to trade under the symbol "DASH."
VSTA

Hot Stocks

17:00 EDT Vasta Platform announces up to $12.5M share repurchase program - Vasta Platform Limited announced that its Board of Directors has approved a share repurchase program, or the Repurchase Program. Under the Repurchase Program, Vasta may repurchase up to US$12.5 million in Class A common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on September 18, 2023, continuing until the earlier of the completion of the repurchase or September 30, 2024, depending upon market conditions. Vasta's Board of Directors will review the Repurchase Program periodically and may authorize adjustments to its terms and size or suspend or discontinue the Repurchase Program. Vasta expects to utilize its existing funds to fund repurchases made under the Repurchase Program.
DIS

Hot Stocks

16:58 EDT Disney says it has made no decision with respect to ABC divestiture - Disney issued the following statement in response to media reports regarding its linear businesses: "While we are open to considering a variety of strategic options for our linear businesses, at this time The Walt Disney Company has made no decision with respect to the divestiture of ABC or any other property and any report to that effect is unfounded."
JUPW

Hot Stocks

16:41 EDT Jupiter Wellness to change name, symbol - Jupiter Wellness announced that effective September 15, the company has changed its name to Safety Shot, Inc. and at the open of market has changed its ticker symbol and will be trading as (SHOT). The company recently acquired Safety Shot which is going into production at facilities across the U.S. in preparation for its launch in the fourth quarter.
JUPW

Hot Stocks

16:40 EDT Jupiter Wellness to change name, symbol - Jupiter Wellness announced that effective September 15, the company has changed its name to Safety Shot, Inc. and at the open of market has changed its ticker symbol and will be trading as (SHOT). The company recently acquired Safety Shot which is going into production at facilities across the U.S. in preparation for its launch in the fourth quarte.
NUE

Hot Stocks

16:39 EDT Nucor falls 4% to $158.11 after Q3 EPS guidance misses estimates
LEN

Hot Stocks

16:36 EDT Lennar reports Q3 deliveries of 18,559 homes, up 8% - Q3 new orders increased 37% to 19,666 homes; new orders dollar value increased 30% to $8.6B. Backlog of 21,321 homes with a dollar value of $9.9B.
LEN

Hot Stocks

16:35 EDT Lennar says 'market conditions remained constructive for new homebuilders' in Q3 - Stuart Miller, Executive Chairman and Co-CEO of Lennar, said, "Market conditions remained constructive for new homebuilders during our third quarter, as the Fed continued to use tighter money supply and higher interest rates as tools to battle inflation, while enabling continued economic growth. At the same time, short housing supply, absorbed by strong primary and pent-up demand, continued to define a strong sales environment. Homebuilders continued to use incentives, including buy-downs, to offset rising interest rates and tighter capital, which limit affordability. Our solid third quarter performance reflects strong strategic focus, and even as the month of August saw another uptick in interest rates, we were able to continue to drive sales pace." Miller continued, "Against this backdrop, our third quarter earnings were $1.1 billion, or $3.87 per diluted share, compared to $1.5 billion, or $5.03 per diluted share last year. Our average sales price per home delivered was $448,000 in the third quarter, compared to almost $500,000 last year, and our home deliveries were 18,559, up 8%, and our new orders were 19,666, up 37%, year over year. Our homebuilding gross margin in the third quarter was 24.4%, reflecting cost reductions, and with homebuilding S,G&A expenses of 7.0%, led to a 17.4% net margin." "While our operating performance remained strong, we continued to strengthen and fortify our balance sheet and our future. During the quarter, we repaid $475 million of debt and repurchased $366 million of our common stock ending the quarter with homebuilding debt to total capital of 11.5%, the lowest in our history, no borrowings on our $2.6 billion revolver and cash of $3.9 billion. With cash on hand exceeding our debt, and with overall liquidity of $6.5 billion, our balance sheet has never been in a stronger position." Jon Jaffe, Co-CEO and President of Lennar, said, "During the quarter, we continued the execution of our land light strategy. This was evidenced by our years supply of owned homesites improving to 1.5 years from 2.2 years and our controlled homesite percentage increasing to 73% from 69% year over year. Operationally, our cycle time during the quarter was down 32 days sequentially as the improving supply chain and labor market positively impacted our production times. Concurrently, the Lennar Machine continued to drive sales pace in concert with production. Accordingly, quarterly starts and sales pace were 4.9 homes and 5.2 homes per community, respectively, and we ended the third quarter with approximately 1,400 completed, unsold homes, about one home per community." Miller concluded, "As the Fed continues to focus on its goal of reducing inflation, we have remained vigilant and focused on our operating strategies. As we look ahead to our fourth quarter, we expect to deliver between 21,500 to 22,500 homes with a gross margin between 24.4% to 24.6%. We will continue to fortify our balance sheet with significant liquidity and operate from a position of strength, repurchasing stock and reducing debt, thus enabling us to continue to execute on our core strategies and outperform in periods of growth as well as uncertainty."
LECO

Hot Stocks

16:33 EDT Lincoln Electric receives order to supply four Velion 150kW DC fast chargers - Lincoln Electric announced that it has received an initial order to supply four Velion 150kW DC fast chargers to DC-America, a provider of prewired, pre-commissioned charging depots for charge point operators, fleets, and installation contractors. The Velion chargers, coupled with the DC-America modular platform and structural raceway system, will be a part of DC-America's National Electric Vehicle, or NEVI, Formula program compliant offerings.
LEN

Hot Stocks

16:33 EDT Lennar sees Q4 new orders 16,200-17,200 - Sees Q4 deliveries 21,500-22,500; Average sales price consistent with Q3.
HST

Hot Stocks

16:32 EDT Host Hotels increases quarterly dividend 20% to 18c per share - Host Hotels announced that its board of directors authorized a regular quarterly cash dividend of 18c per share, a 20% increase over the prior quarter. The dividend is payable on October 16 to stockholders of record on September 30.
GVA

Hot Stocks

16:31 EDT Granite awarded $12.5M Caltrans project - Granite has been awarded a time and materials contract by the California Department of Transportation, or Caltrans. Granite will clear and repair multiple rock and mudslide areas to restore access through the Sequoia National Forest near Kings Canyon National Park. The project, funded by Caltrans, is expected to generate $12.5 million of work and will be included in Granite's third-quarter CAP.
WPC

Hot Stocks

16:31 EDT W.P. Carey increases quarterly cash dividend to $1.071 per share - W. P. Carey increased its quarterly cash dividend to $1.071 per share, equivalent to an annualized dividend rate of $4.28 per share. The dividend is payable on October 16 to stockholders of record as of September 29.
LE

Hot Stocks

16:31 EDT Land's End names Bernard McCracken CFO - Lands' End announced that Bernard McCracken, the company's interim CFO since January and chief accounting officer since April 2014, has been named CFO.
AXLA

Hot Stocks

16:30 EDT Axcella announces 1-for-25 reverse stock split effective September 19 - Axcella Therapeutics announced that its Board of Directors has approved a 1-for-25 reverse stock split of the Company's common stock. The reverse stock split will become effective at 5:00 p.m. Eastern Time on September 18, 2023, after close of trading on The Nasdaq Global Market. The Company's common stock is expected to commence trading on a split-adjusted basis when the markets open on September 19, 2023 under the existing trading symbol "AXLA." The new CUSIP number for the Company's common stock following the reverse stock split will be 05454B204.
COP SRE

Hot Stocks

16:19 EDT ConocoPhillips announces long-term pact for European regas capacity - ConocoPhillips (COP) announced further progress on its global liquefied natural gas strategy, signing a commercial agreement to secure additional regasification capacity in Europe at the Gate LNG terminal in the Netherlands. This agreement further complements the company's foundational LNG resource positions in Qatar and Australia, offtake and equity in Sempra's (SRE) recently sanctioned Port Arthur LNG Phase 1 project on the U.S. Gulf Coast, regasification agreement at the German LNG Terminal announced last year, and the offtake agreements at Mexico Pacific's Saguaro LNG export facility on the west coast of Mexico announced last month. "Adding capacity at the Gate LNG terminal fits well with our efforts to deliver reliable, lower-carbon energy into Europe from highly competitive LNG supply," said Bill Bullock, executive vice president and chief financial officer of ConocoPhillips. "Expanding our LNG footprint with agreements like this further enhances a balanced, diversified, and attractive portfolio as we progress our global LNG strategy."
HIPO

Hot Stocks

16:18 EDT Hippo shareholder group urges board to initiate strategic review - Bradley L. Radoff and Etude Capital LLC, who are among the Company's 10 largest shareholders and hold nearly 2.5% of the outstanding common shares of Hippo Holdings, issued an open letter to the company's Board of Directors, saying, "Since becoming a publicly traded entity in early 2021, Hippo has generated abysmal financial results and operated in an unsustainable manner. Hippo is now a micro-cap stock that trades at a roughly 50% discount to book value. We believe the Board must immediately embrace its fiduciary duty to preserve shareholder value while navigating a highly regulated industry. We contend the only viable path forward is for the Board to immediately announce and run a strategic review process with the goal of preserving and maximizing value from the Company's capital, Spinnaker Insurance Company and NOLs. Additionally, the Company should take immediate steps to enhance its financial disclosures so that shareholders can hold the Board and management accountable. The Company should cease giving meaningless non-GAAP guidance, like adjusted EBITDA, and focus on metrics that are critical to success as an insurer, such as book value and net income. Taking the right and necessary steps, in our view, could return $15-$20 in per share value. To ensure an objective review is run and to help improve governance going forward, we urge you to elect insurance industry veteran Jay Nichols Jr. as independent Chair of the Board. We believe Mr. Nichols's successful experience leading insurance company strategic actions and exits will inure to the benefit of the Company and its shareholders. We expect the Board to address our concerns and move quickly to take the right steps. There is no excuse for exposing Hippo stakeholders to more risk and uncertainty. The Concerned Shareholder Group will seek to hold you accountable if no value-enhancing actions are taken."
RBLX WBD

Hot Stocks

16:17 EDT Warner Media CEO joins Roblox board - Roblox (RBLX) "announced the appointment of Jason Kilar to the company's board of directors. Kilar is an accomplished entrepreneur and chief executive who has led media and entertainment companies for more than 15 years, including most recently serving as Chief Executive Officer of Warner Media (WBD)".
CGRN

Hot Stocks

16:17 EDT Capstone Green Energy receives Nasdaq notifications over 10-K, deficiency - Capstone Green Energy Corporation announced that on September 12, 2023 it received a written notice from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market notifying the company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the year ended March 31, 2023. The company has also failed to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 and issued a press release on August 18, 2023 announcing that it had received written notice from the Nasdaq Listing Qualifications Department of the Nasdaq notifying the company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. The written notice from Nasdaq is only a notification of deficiency, not of imminent delisting.
KW

Hot Stocks

16:16 EDT Kennedy Wilson president Mary Ricks to retire - Kennedy Wilson announced Mary Ricks has decided to retire as President of Kennedy Wilson and as Director on the company's Board. Mary will serve as a consultant to Kennedy Wilson to aid in the transition. "As my trusted partner and dear friend, Mary has made a significant impact on me personally and has been instrumental in growing our company from an entrepreneurial start-up into a global real estate leader," said Kennedy Wilson Chairman and CEO William McMorrow. "I am grateful to have had the opportunity to work side-by-side with Mary over the last three decades. She is a fearless leader with a team-first attitude, and we will miss her greatly." Concurrently, former Executive Vice President Matt Windisch was promoted to President of Kennedy Wilson.
INSG

Hot Stocks

16:10 EDT Inseego names Steven Gatoff as new CFO - Inseego "announced the appointment of Steven Gatoff as Chief Financial Officer, effective September 14, 2023. Mr. Gatoff will succeed Robert G. Barbieri, who will be stepping down from the CFO role to pursue his desire to return to his consulting business."
NRXP

Hot Stocks

16:10 EDT NRx Pharmaceuticals announces agreement with LifeSci Associates - NRx Pharmaceuticals announced that it has entered into an agreement with LS Associates, a division of LifeSci Advisors, pursuant to which LSA will provide certain consulting services to the company, including but not limited to, arranging for the provision of the company's Interim CFO. In connection with the Agreement, the company appointed Richard Narido to serve as Interim CFO of the company. As Interim CFO, Narido will serve as the company's principal financial officer and principal accounting officer.
MOTS

Hot Stocks

16:09 EDT Motus GI Holdings amends royalty agreement - Motus GI Holdings announced it has reached an agreement to amend the royalty payment rights and, subsequently, cancelled the royalty rights in exchange for an aggregate of 1,455,641 shares of Motus common stock, effective as of September 12. This represents an approximate exchange ratio of 13,233.23 shares of common stock for each 1% of the aggregate royalty amount. The cancellation of the royalty rights will result in an elimination of approximately $1M in contingent royalty obligations from the Motus balance sheet, which is expected to help improve Motus's stockholder equity.
ROK

Hot Stocks

16:09 EDT Rockwell Automation, Infinitum announces exclusive agreement - Rockwell Automation and Infinitum announced an exclusive agreement to jointly develop and distribute a new class of high-efficiency, integrated low voltage drive and motor technology. This solution will significantly save energy and cut costs for industrial customers globally, while helping them reduce their carbon footprint and become more sustainable. As companies grow more energy conscious and look to reduce greenhouse gas emissions, variable frequency drives with high-efficiency motors have increasingly come into focus. According to the International Energy Agency, electric motors consume approximately 40% of the electricity consumed globally, with the percentage rising to nearly 70% for industrial companies. Under this agreement, Rockwell's market-leading PowerFlex drive technology will be combined with Infinitum's high-efficiency Aircore EC motor system. This powerful package will help companies reduce their carbon footprint with a motor system that is 50% smaller and lighter, uses 66% less copper, and consumes 10% less energy than traditional iron core motors.
TMCI

Hot Stocks

16:08 EDT Treace Medical announces new patent covering bunion correction procedures - Treace Medical announced the United States Patent and Trademark Office's, or USPTO, forthcoming issuance of U.S. Patent No. 11,771,467, to publish on October 3.
JBHT

Hot Stocks

16:08 EDT J.B. Hunt to acquire brokerage assets of BNSF Logistics - J.B. Hunt Transport Services announced J.B. Hunt's subsidiary, J.B. Hunt Transport, Inc., has entered into a definitive agreement to purchase the brokerage operations of BNSF Logistics, LLC. BNSF Logistics, LLC is an affiliate of BNSF Railway, providing third-party logistics services for the movement of full truckload, flatbed, temp-controlled, drayage, expedited, and less-than-truckload services to a large and diverse group of customers through both an employee and agent model. BNSF Logistics also provides warehouse, retail specialty, heavy-haul and project services, which are not included in the transaction. "As we continue to work with BNSF Railway to develop solutions that drive value for customers, we recognized a unique opportunity to combine the companies' efforts to serve the transportation market with 3PL services and leverage the investments J.B. Hunt has made in our technology platform, J.B. Hunt 360 degrees ," said John Roberts, CEO of J.B. Hunt. "This acquisition is another step forward in our mission to create the most efficient transportation network in North America."
FTK

Hot Stocks

16:07 EDT Flotek announces 1-for-6 reverse stock split - The company announced that its Board of Directors has approved a 1-for-6 reverse split of Flotek's common stock, par value $0.0001 per share. The Reverse Stock Split will become effective after market close on September 25, 2023, and the shares of common stock are expected to begin trading on the split-adjusted basis under the company's existing trading symbol, "FTK," when the market opens on September 26, 2023. The new CUSIP number following the Reverse Stock Split will be 343389409.
PIAI

Hot Stocks

16:06 EDT Prime Impact Acquisition I trading halted, news pending
HITI

Hot Stocks

16:05 EDT High Tide says current revenue run rate exceeds C$500M - High Tide is the largest Canadian non-franchised bricks-and-mortar cannabis retailer, with 156 Canna Cabana locations operating across the country and a loyalty base exceeding 1.1 million Cabana Club members. Earlier this year, the Company announced its goal of achieving positive free cash flow by the end of calendar 2023. The Company is pleased to report that with its strong Q3 results, it has met this goal 5 months ahead of the previously communicated timeline. Similarly, the Company discloses that its current revenue run rate exceeds C$500M and thus has achieved its goal of reaching this milestone by the end of its 2023 fiscal year. Having demonstrated that its current operations can generate meaningful free cash flow, the Company plans to return to disciplined and responsible growth both organically and through M&A while remaining free cash flow positive, moving forward towards reaching its long-term goal of operating 250 locations across Canada. The Company continues to generate stable gross margins, driven by its bricks-and-mortar margins ticking higher over the last six quarters. The Company plans to focus on its recently launched initiatives, such as CCI, ELITE membership sales, and higher margin white-label offerings, including the continued increased adoption of the Company's Fastendr kiosks, helping realize additional operational efficiencies leading to enhanced profitability. The Company is encouraged by recent news coming out of the United States with respect to the potential rescheduling of cannabis and the possibility of a Senate Banking Committee markup of the SAFE Banking Act within the next month. The Company remains poised to bring its tried, tested and perfected innovative discount club model to the US market as soon as permissible.
PRI

Hot Stocks

16:02 EDT Primerica names Tracy Tan as successor to CFO - Primerica "announced the appointment of Tracy Tan to the role of Executive Vice President, Finance reporting to the company's Chief Executive Officer, Glenn Williams beginning on October 16, 2023. Tan will assume the role of Chief Financial Officer as of the date that the Company's existing Chief Financial Officer relinquishes that title, which shall occur no later than April 1, 2024."
MSFT ORCL

Hot Stocks

16:01 EDT Microsoft, Oracle expand partnership - Oracle (ORCL) and Microsoft (MSFT) announced Oracle Database@Azure, which gives customers direct access to Oracle database services running on Oracle Cloud Infrastructure and deployed in Microsoft Azure datacenters. Oracle Database@Azure delivers all the performance, scale, and workload availability advantages of Oracle Database on OCI with the security, flexibility, and best-in-class services of Microsoft Azure, including best-in-class AI services like Azure OpenAI. This combination provides customers with more flexibility regarding where they run their workloads. It also provides a streamlined environment that simplifies cloud purchasing and management between Oracle Database and Azure services.
ZJYL

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15:39 EDT Jin Medical International Ltd trading resumes
ZJYL

Hot Stocks

15:19 EDT Jin Medical International Ltd trading halted, volatility trading pause
GM

Hot Stocks

15:00 EDT General Motors says 20% wage increase over life of deal offered to UAW - General Motors stated in an update posted to its site that the company "submitted a record economic proposal to the UAW," including a 20% wage increase over the life of the agreement, with a 10% increase in Year 1. The company shared an employee letter from GM Chair and CEO Mary Barra, which states in part: "We continue to bargain in good faith, but with our contract set to expire at 11:59 p.m., I want to make sure you are completely informed... We are working with urgency and have proposed yet another increasingly strong offer with the goal of reaching an agreement tonight. Remember: we had a strike in 2019 and nobody won." Reference Link
MRK

Hot Stocks

14:21 EDT FDA approves new and updated indications for Merck's temozolomide - The Food and Drug Administration has approved updated labeling for temozolomide, or Temodar, from Merck under Project Renewal, an Oncology Center of Excellence initiative aimed at updating labeling information for older oncology drugs to ensure information is clinically meaningful and scientifically up-to-date. "This is the second drug to receive a labeling update under this pilot program," the agency stated. Reference Link
HARL

Hot Stocks

14:12 EDT Harleysville Financial approves 5% stock repurchase program - Harleysville Financial announced that the board of directors has approved the commencement of a new stock repurchase program of up to 183,000 shares or approximately 5% of the company's outstanding shares of common stock. The repurchase program will commence immediately following the completion of the company's current repurchase program, which has approximately 53,795 shares remaining for repurchase. The repurchased shares will be held as treasury stock and will be available for general corporate purposes. Brendan McGill, President and CEO, stated, "The company's strategy is to maintain a strong balance sheet, practice sound capital management and build long-term value for our shareholders."
DIS NXST

Hot Stocks

14:11 EDT Disney up 1% after report of talks with Nexstar on possible sale of ABC - Shares of Disney (DIS) are up 84c, or 1%, to $84.32 after Bloomberg said the company has held exploratory discussions about potentially selling its ABC network and TV stations to Nexstar Media (NXST).
LRLCY

Hot Stocks

13:16 EDT L'Oreal announces appointments, new Deputy CEO in Charge of Divisions - China - L'Oreal announced a number of moves within its Executive Committee due to take place in Q1 2024, in addition to the creation of the new role of Deputy CEO in Charge of Divisions - L'Oreal China. Fabrice Megarbane will be appointed Chief Global Growth Officer, he will succeed Frederic Roze, who has announced his intention to retire at the beginning of next year, after 38 years with the company. As Chief Global Growth Officer, Megarbane will be in charge of accelerating growth, leading transformation projects and animating the Group's Zones. Megarbane will retain his current responsibilities until the end of January 2024. Vincent Boinay will be appointed President of the North Asia Zone and Chief Executive Officer of L'Oreal China. He will succeed Fabrice Megarbane, following his appointment as Chief Global Growth Officer. Boinay will move to Shanghai in the near future and will fully assume his new responsibilities at the beginning of February 2024. In light of the increased complexity of the Chinese market, Laurence Ma, currently General Manager of L'Oreal Luxe China, will be appointed to the newly created role of Deputy Chief Executive Officer in Charge of Divisions - L'Oreal China. Ma will continue to manage L'Oreal Luxe China, and will lead the other three Divisions. Ma's appointment will become effective at the beginning of February 2024. Emmanuel Goulin will be appointed President of Travel Retail and will join the Group's Executive Committee. He will succeed Vincent Boinay. Goulin's appointment will become effective at the beginning of 2024.
NVS

Hot Stocks

13:05 EDT Novartis presents new patient-reported outcomes data from NATALEE trial - Novartis presented new patient-reported outcomes data from the Phase III NATALEE trial at the European Society for Medical Oncology, or ESMO, Virtual Plenary. The data show that a broad population of patients with stage II and III hormone receptor-positive/human epidermal growth factor receptor 2-negative early breast cancer maintained health-related quality of life during treatment with Kisqali plus endocrine therapy, the company announced. Further analysis of the NATALEE trial is ongoing, and additional data will be shared at upcoming medical meetings. "No patient should have to choose between maintaining their quality of life and doing everything they can to remain cancer free. These patient-reported outcomes add to the wealth of efficacy and tolerability data from the NATALEE trial suggesting Kisqali is a potential adjuvant treatment of choice for a broad range of patients with HR+/HER2- EBC, including those with node-negative disease. Kisqali could enable patients with EBC to live well with greater peace of mind," said Jeff Legos, Executive Vice President, Global Head of Oncology and Hematology Development at Novartis. Reference Link
ABT

Hot Stocks

12:51 EDT Abbott tells The Fly physicians can continue to use Proclaim, Infinity systems - After the FDA posted a recall notice yesterday related to Abbott's implantable pulse generator that's used with the company's Proclaim and Infinity systems, a company spokesman issued the following additional background in a statement issued to The Fly: "Abbott has received reports indicating the loss of Bluetooth connectivity between Abbott's implantable Proclaim and Infinity systems and its paired patient controller after a patient has undergone an MRI. Based on these occurrences, Abbott previously updated the patient controller Instructions for Use - IFU - and patient controller application MRI-mode screen on smartphones reminding the patient to not delete the paired Bluetooth connection between their Implantable Pulse Generator - IPG - and the patient controller. Abbott has distributed a physician communication to reinforce the importance of following the steps regarding MRI scans outlined in the IFU. The company has communicated this action to physicians and regulatory bodies. No products need to be returned to the company or replaced. Importantly, physicians can continue to use the Proclaim and Infinity systems."
ASND

Hot Stocks

12:24 EDT Ascendis Pharma announces positive CHMP opinion for TransCon PTH - Ascendis Pharma announced that the European Medicines Agency's Committee for Medicinal Products for Human Use has adopted a positive opinion and recommended the approval of TransCon PTH as a parathyroid hormone replacement therapy indicated for the treatment of adults with chronic hypoparathyroidism. The European Commission's final decision on the company's marketing authorization application is expected within 67 days after the positive opinion.
T

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12:14 EDT AT&T committed to reaching 200M people with 5G+ on mid-band by YE23 - Pascal Desroches, CFO at AT&T, spoke at the Bank of America Media, Communications & Entertainment Conference where he provided an update to shareholders. Desroches made the following key points: Over the past three years, AT&T has repositioned around its strengths in 5G and fiber. Desroches stated that AT&T is benefitting from the continued and consistent execution of this strategy. Desroches also noted that continued higher postpaid average revenues per user and healthy wireless service revenue growth reflect the health of the company's wireless operations. Desroches reiterated that he's confident in the company's full-year free cash flow guidance of better than $16 billion. Additionally, Desroches stated the company expects third-quarter free cash flow in the $4.5-5.0 billion range. As previously indicated, the primary factors supporting the company's cash outlook are full-year 2023 adjusted EBITDA growth of 3+ percent, largely in-line capital investment and lower handset payments for full-year 2023 compared to 2022. AT&T expects to deliver continued profitable 5G and fiber customers in the third quarter. In wireless, Desroches said he expects to add postpaid phone customers to the base in the third quarter thanks to the company's disciplined and sustainable go-to-market strategy even with the market experiencing continued normalizing in demand trends. AT&T remains committed to: Reaching 200 million people with 5G+ on mid-band spectrum by year-end 2023. Passing 30+ million consumer and business customer locations with fiber by the end of 2025.
DVA

Hot Stocks

12:08 EDT DaVita sees possible $30M-$40M hit to 2025 operating income from CA bill - Asked during a UBS conference presentation about the proposed California minimum wage bill, executives from DaVita stated in part, according to a transcript of the event: "Yeah, so as you pointed out, it is still making its way through the legislature. So so it's not yet a guarantee that this will happen. That said, we're pretty happy with the outcome here. It is, it is no secret that we have had our challenges with the unions for many years now. And I don't think anyone should view this as our challenges with the unions are now over, but they will change. And and we're happy because ultimately we believe the unions were were abusing the very unique ballot system that exists in California, as well as the legislature to ultimately scare voters and put our patients and to some extent, our teammates at risk. And it was a very, very uncomfortable position. They were looking to put forth ideas that ultimately were not good for clinical care and not good for our teammates. So this outcome basically allows us to redirect the money that we were spending battling those ballot initiatives to protect our patients and funnel that to our teammates. We have quantified the impact in, we think we'll see basically the full impact in calendar 2025. And we think that will be somewhere between $30 million and $40 million of operating income. So a hit relative to what we otherwise would have forecasted. And in 2024, we won't see the full hit, but it'll be a number somewhere in the probably $20 million to $25 million in 2024. And just to be clear, we will benefit from the offset because we were quite certain we were gearing up for another ballot fight in 2024. As a reminder, those have cost us somewhere in the neighborhood of $50 million to $60 million every other year. So we've got protection against ballot initiatives and legislation targeting the dialysis industry through 2026. So if you do the math, it's roughly a breakeven trade off, maybe a little bit negative. But we're we're super comfortable with this outcome in this decision, given the amount of risk we've taken off the table and the benefits to our teammates and the protection from for our patients."
LAW

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12:00 EDT CS Disco falls -10.1% - CS Disco is down -10.1%, or -79c to $6.96.
GENI

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12:00 EDT Genius Sports falls -10.2% - Genius Sports is down -10.2%, or -62c to $5.42.
STG

Hot Stocks

12:00 EDT Sunlands Online falls -14.3% - Sunlands Online is down -14.3%, or -80c to $4.83.
CVNA

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12:00 EDT Carvana rises 12.5% - Carvana is up 12.5%, or $6.17 to $55.40.
TSE

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12:00 EDT Trinseo rises 15.6% - Trinseo is up 15.6%, or $1.23 to $9.13.
MYTE

Hot Stocks

12:00 EDT Mytheresa rises 16.1% - Mytheresa is up 16.1%, or 60c to $4.36.
GOOG GOOGL

Hot Stocks

11:56 EDT Google says Chromebooks to get 10 years of automatic updates - Alphabet's Google announced new ways to keep Chromebooks up and running even longer. All Chromebook platforms will get regular automatic updates for 10 years - more than any other operating system commits to today. "We're also working with partners to build Chromebooks with more post-consumer recycled materials (PCR), and rolling out new, power-efficient features and quicker processes to repair them," the company said. "And at the end of their usefulness, we continue to help schools, businesses and everyday users find the right recycling option." Starting in 2024, if users have Chromebooks that were released from 2021 onwards, they'll automatically get 10 years of updates. For Chromebooks released before 2021 and already in use, users and IT admins will have the option to extend automatic updates to 10 years from the platform's release after they receive their last automatic update. Google is also rolling out updates that help make repairs even faster, with new repair flows allowing authorized repair centers and school technicians to repair Chromebooks without a physical USB key. Reference Link
EVTC

Hot Stocks

11:15 EDT Evertec announces Sinqia stockholders approve merger transaction - Evertec announced that the transaction by which Evertec will acquire Sinqia received shareholder approval in the Sinqia shareholders' meeting held today. Evertec entered into a definitive agreement to acquire Sinqia on July 20. "The company continues to work diligently to close this transaction in the fourth quarter of 2023," Evertec stated.
GE

Hot Stocks

11:07 EDT GE sees tracking to high end of Q3 EPS, free cash flow guidance
GE

Hot Stocks

11:07 EDT GE sees mid-teens growth for parts business this year - Comments taken from Morgan Stanley Laguna Conference.
VEV

Hot Stocks

10:32 EDT Vicinity Motor reports C$1.9M order for four buses - Vicinity Motor announced the receipt of a new purchase order from Simcoe County in Ontario, Canada for four Vicinity Classic buses valued at over C$1.9M, marking its 7th re-order from Vicinity. Per the terms of the supply agreement, Simcoe County has ordered four of the company's 35-foot Clean-Diesel Vicinity Classic buses for delivery in 2024.
LVO

Hot Stocks

10:28 EDT LiveOne announces August paid membership growth of 63K - LiveOne announced that it continues to break multiple membership records. LiveOne's CEO and Chairman, Robert Ellin, commented, "Since acquiring Slacker Radio just five years ago, annual revenue has more than tripled from $20M with a loss of $7M, to more than $60M and very significant EBITDA. Our B-to-B partnerships, which includes being part of Tesla's native connectivity app in nearly every new car sold, coupled with our consumer-friendly pricing model, has proven to be a winning combination." Ellin continued, "Given our B-to-B success with Tesla, TikTok, Samsung, Facebook and Verizon, we are aggressively expanding our sales and partnership team and expect to add multiple billion-dollar companies to the LiveOne family this year."
MRNA

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10:19 EDT Moderna says CHMP adopts positive opinion on updated Covid-19 vaccine - Moderna announced that the European Medicines Agency's Committee for Medicinal Products for Human Use, or CHMP, has adopted a positive opinion recommending marketing authorization for Spikevax, its updated COVID-19 vaccine containing spike proteins for the XBB.1.5 sublineage of SARS-CoV-2 for active immunization to prevent COVID-19 caused by SARS-CoV-2 in individuals six months of age and older. Following the CHMP's positive opinion, the European Commission will make an authorization decision on the use of Moderna's updated COVID-19 vaccine for autumn/winter 2023, the company stated.
GENI

Hot Stocks

10:18 EDT Genius Sports trading resumes
SSYS...

Hot Stocks

10:13 EDT Stratasys says 'nothing new' in 3D Systems' September 13 announcement - Stratasys (SSYS) issued the following statement in response to a press release issued by 3D Systems (DDD) on September 13: "The proposal referenced in 3D Systems' press release on September 13 did not revise the terms, or change any substantial details, of the revised proposal made by 3D Systems on September 6. The Stratasys Board of Directors previously reviewed 3D Systems' September 6 revised proposal and unanimously determined that the revised proposal, which is 35% lower than the value implied by 3D Systems' July 13 proposal and comprises consideration with a nominal value of only $15.26 per Stratasys ordinary share as of September 11, 2023, continues to significantly undervalue Stratasys and does not constitute a "Superior Proposal" as defined in Stratasys' merger agreement with Desktop Metal (DM). The merger agreement filed by 3D Systems on September 13 is in substantially the same form as it shared with the Stratasys Board on September 6, as 3D Systems itself admits. The Stratasys Board's response to 3D Systems' September 6 revised proposal remains unchanged."
HBM

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10:06 EDT Hudbay Minerals completes acquisition of Rockcliff Metals - Hudbay Minerals announced that it has completed its acquisition of Rockcliff Metals. Hudbay acquired all of the issued and outstanding common shares of Rockcliff that it did not already own pursuant to a court-approved plan of arrangement, effective as of today's date. As a result of closing the Transaction, Rockcliff is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Rockcliff shareholders have been issued 0.006776 of a Hudbay common share for each Rockcliff share previously held. Prior to the Transaction, Rockcliff was the 49% joint venture partner on Hudbay's Talbot project. Rockcliff also owns a 100% interest in six additional deposits in the Snow Lake region and is one of the largest landholders in the Snow Lake area, with approximately 1,800 km across all its properties. Peter Kukielski, Hudbay's President and CEO, commented, "We are very excited about the completion of this logical transaction and the potential for Rockcliff's deposits to extend the mine life and add further optionality to our operations in the Snow Lake region."
SBET

Hot Stocks

10:05 EDT SharpLink says SaharaBets first U.S. sports betting operator using 'C4 BetSense' - SharpLink Gaming announced that SaharaBets will be the first U.S. sports betting operator to begin integration of SharpLink's "innovative new 'C4 BetSense' technology into its online betting platform." SharpLink and SaharaBets will commence testing "C4 BetSense" beginning with the 2023/2024 NFL season and running through March Madness in 2024. "We believe there is a very big lift possible for sportsbook operators with 'C4 BetSense' integration, helping to convert a much greater number of sports fans into sports bettors and yielding a material increase in betting handle due to smarter bet recommendations and 'call to action' offers that distinctly resonate with and motivate each individual player to place wagers. In fact, early analysis of our prototype system indicates the potential lift could be as high as 20% -- and perhaps even higher," said Rob Phythian, Co-Founder and CEO of SharpLink.
HARP

Hot Stocks

10:04 EDT Harpoon Therapeutics trading resumes
UPTD

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10:01 EDT TradeUP Acquisition Corp trading resumes
IZEA

Hot Stocks

10:01 EDT Izea wins significant contract with international health and wellness brand - IZEA Worldwide announced that it has secured a mid-six-figure contract with an international health and wellness brand, a new brand-direct customer. The company's Managed Services team will help the client centralize its global influencer marketing efforts, bringing its healthy lifestyle messaging to markets worldwide.
TRS

Hot Stocks

10:00 EDT TriMas asset relocation completed ahead of schedule - TriMas announced that its TriMas Packaging group has successfully completed, ahead of schedule, the previously announced relocation of certain production assets from a California manufacturing facility to other facilities in Indiana and Arkansas. As a result, TriMas Packaging will be exiting a 160,000 sq. ft. leased facility in Rohnert Park, California, by the end of 2023. Additionally, TriMas Packaging has now completed the insourcing of a substantial portion of activities at third-party warehouse and distribution centers in New Jersey and Nevada to capture logistics savings.
LAW

Hot Stocks

10:00 EDT CS Disco falls -6.6% - CS Disco is down -6.6%, or -51c to $7.24.
GENI

Hot Stocks

10:00 EDT Genius Sports falls -10.6% - Genius Sports is down -10.6%, or -64c to $5.40.
AMPX

Hot Stocks

10:00 EDT Amprius Technologies falls -16.1% - Amprius Technologies is down -16.1%, or -64c to $3.34.
IGT

Hot Stocks

10:00 EDT International Game rises 9.1% - International Game is up 9.1%, or $2.73 to $32.79.
TSE

Hot Stocks

10:00 EDT Trinseo rises 10.5% - Trinseo is up 10.5%, or 83c to $8.73.
MYTE

Hot Stocks

10:00 EDT Mytheresa rises 15.9% - Mytheresa is up 15.9%, or 59c to $4.34.
HARP

Hot Stocks

09:59 EDT Harpoon Therapeutics trading halted, volatility trading pause
UPTD

Hot Stocks

09:56 EDT TradeUP Acquisition Corp trading halted, volatility trading pause
LAW

Hot Stocks

09:47 EDT CS Disco falls -8.4% - CS Disco is down -8.4%, or -65c to $7.10.
GENI

Hot Stocks

09:47 EDT Genius Sports falls -10.6% - Genius Sports is down -10.6%, or -64c to $5.40.
AMPX

Hot Stocks

09:47 EDT Amprius Technologies falls -11.8% - Amprius Technologies is down -11.8%, or -47c to $3.51.
AMC

Hot Stocks

09:47 EDT AMC Entertainment rises 9.1% - AMC Entertainment is up 9.1%, or 75c to $8.99.
MYTE

Hot Stocks

09:47 EDT Mytheresa rises 9.3% - Mytheresa is up 9.3%, or 35c to $4.10.
IGT

Hot Stocks

09:47 EDT International Game rises 9.4% - International Game is up 9.4%, or $2.82 to $32.88.
GENI

Hot Stocks

09:46 EDT Genius Sports trading halted, news pending
CF

Hot Stocks

09:41 EDT CF Industries, POSCO evaluating joint U.S.-based clean ammonia project - CF Industries Holdings and POSCO Holdings announced that the companies are evaluating a joint venture to construct a low-carbon clean ammonia plant at CF Industries' Blue Point Complex in Ascension Parish, Louisiana, United States, along with long-term low-carbon clean ammonia offtake into South Korea. As part of their evaluation, CF Industries and POSCO will initiate a front-end engineering and design study on autothermal reforming ammonia production technology. Should the project move forward, POSCO expects to import low-carbon clean ammonia from the facility to South Korea to support decarbonization of POSCO's own and third-party coal-based power generation facilities. Additionally, POSCO intends to convert low-carbon clean ammonia into hydrogen in order to use low-carbon hydrogen in gas-based power plants and in the steel-making process itself. The FEED study is expected to be completed in the second half of 2024, with a final investment decision by CF Industries and POSCO to follow.
UCBI

Hot Stocks

09:33 EDT United Community Banks sees Q3 charge-off increase - In a regulatory filing yesterday, the company stated: "United Community Banks expects an increase in third quarter charge-offs arising from an 8.7% participation in a $218.5 million nationally syndicated credit, led by First Horizon Bank, to a wholesale oil distributor. The company filed for Chapter 11 bankruptcy on March 20, 2023, at which time United placed the credit on nonaccrual status and included it in reported non-performing assets. The bankruptcy was converted to a Chapter 7 liquidation on August 24, 2023. At this time, minimal recovery is expected on the exposure resulting in a third quarter charge-off of approximately $19.0 million on the relationship."
CZR

Hot Stocks

09:27 EDT Caesars reports 'suspicious activity' in IT network from cyberattack - In a regulatory filing, Caesars says it recently identified suspicious activity in its information technology network resulting from a social engineering attack on an outsourced IT support vendor used by the company. "Our customer-facing operations, including our physical properties and our online and mobile gaming applications, have not been impacted by this incident and continue without disruption. After detecting the suspicious activity, we quickly activated our incident response protocols and implemented a series of containment and remediation measures to reinforce the security of our information technology network. We also launched an investigation, engaged leading cybersecurity firms to assist, and notified law enforcement and state gaming regulators. As a result of our investigation, on September 7, 2023, we determined that the unauthorized actor acquired a copy of, among other data, our loyalty program database, which includes driver's license numbers and/or social security numbers for a significant number of members in the database. We are still investigating the extent of any additional personal or otherwise sensitive information contained in the files acquired by the unauthorized actor. We have no evidence to date that any member passwords/PINs, bank account information, or payment card information were acquired by the unauthorized actor. We have taken steps to ensure that the stolen data is deleted by the unauthorized actor, although we cannot guarantee this result. We are monitoring the web and have not seen any evidence that the data has been further shared, published, or otherwise misused... While no company can ever eliminate the risk of a cyberattack, we believe we have taken appropriate steps, working with industry-leading third-party IT advisors, to harden our systems to protect against future incidents. These efforts are ongoing. We have also taken steps to ensure that the specific outsourced IT support vendor involved in this matter has implemented corrective measures to protect against future attacks that could pose a threat to our systems."
FTDR

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09:09 EDT Frontdoor Prime, Premium members allotted unlimited live video chats - Frontdoor announced that Frontdoor Prime and Premium members can now enjoy unlimited live video chats with Frontdoor Experts for their home repair and maintenance needs. Video chats were previously limited to three per 12-month contract period, but feedback from some members showed that they were concerned they would run out of video chats and were holding back until they had a "serious problem."
VNT CVX

Hot Stocks

09:08 EDT Vontier partners with Chevron on iNFX solution - Vontier (VNT) and Invenco by GVR, a subsidiary of Vontier announced they have partnered with Chevron Products, a division of Chevron (CVX), to deploy their cloud-based microservices platform, iNFX at Chevron and Texaco gas stations in the U.S. The iNFX Electronic Payment Server is a cloud managed, fit-for-purpose IoT based microservices platform that provides a better customer experience through faster payment transactions, simple integration with other devices at the site, greater uptime, and the ability to bring new capabilities & features to market faster.
PRVA

Hot Stocks

09:07 EDT Privia Health to leverage Navina's AI platform to improve physician workflow - Privia Health announced a partnership with Navina, an AI-powered primary care platform. This collaboration will equip Privia Health's network of physicians and providers with Navina's AI technology, to enhance workflows, patient care, and value-based initiatives. Navina will provide AI-powered clinical intelligence to better assess patients' health and inform clinical decision-making, while alleviating physician burden. More than 4,000 users across 500 clinics throughout the nation are using Navina to enhance their daily workflows.
GEHC

Hot Stocks

09:06 EDT Mayo Clinic, GE HealthCare enter strategic healthcare collaboration - Mayo Clinic and GE HealthCare announce a strategic healthcare collaboration for research and product development programs aimed to transform the experience of patients and clinicians in the practice of radiology and the delivery of novel therapies. The Strategic Collaboration for Innovation in Medical Imaging and Theranostics comprises Mayo Clinic and GE HealthCare scientists, technology developers, clinicians and other healthcare providers. The collaboration seeks to better equip clinicians with technology to precisely diagnose and treat medical conditions and personalize the patient experience at each step of their care journey through the clinical translation of novel technologies and approaches to medical imaging and theranostics.
MTH

Hot Stocks

09:05 EDT Meritage Homes announces expansion to Jacksonville, Florida - Meritage Homes announced that it has expanded its business operations to Jacksonville, Florida. "Jacksonville steadily attracts new homeowners who want to experience a beautiful environment with a reasonable cost of living," said Philippe Lord, chief executive officer of Meritage Homes. "We have had positive experiences across our Florida divisions and believe that our spec building entry-level strategy and streamlined operations position us well for long-term growth in this new market." The Lakes at Bella Lago is Meritage's first community in the highly sought-after greater Jacksonville metro area, where we will begin selling new affordable, energy-efficient single-family detached homes in the fourth quarter of 2023.
SCLX

Hot Stocks

09:05 EDT Scilex announces completion of its SP-103 Phase 2 trial - Scilex Holding, a majority-owned subsidiary of Sorrento Therapeutics, announced the completion of its SP-103 Phase 2, randomized, double-blind, placebo-controlled, parallel group, multicenter study to evaluate the safety and efficacy in subjects with acute LBP. Objectives of the trial were to assess safety and tolerability of SP-103 and to provide treatment effect estimates in patient population that can be used to power future studies. The trial enrolled 75 subjects, 38 received SP-103, and 37 received placebo. Topical systems were applied to the area of most tenderness in the lower back in 12-hours ON/ 12-hours OFF regimen. Preliminary analysis demonstrated the following results: No Serious Adverse Events or deaths observed. No Treatment Emergent Adverse Events leading to early withdrawal. None of the subjects in the active group and 3 subjects in placebo group had AEs of special interest. Incidence of dermal AEs or application site reactions was low overall. SP-103 was safe and well-tolerated. Increase in lidocaine load in topical system by three times, compared with approved ZTLido, 5.4% vs. 1.8%, did not result in signs of systemic toxicity or increased application site reactions with daily applications over one month treatment. A meaningful reduction of pain over the first week, using SPID-7 analysis, -1.5 (95% CI: -0.2 to 3.2) was observed in sub-population of patients with higher severity of muscle spasms. Overall, the trial achieved its objectives. Scilex continues to analyze the data to gather a full understanding of the analgesic signal, population to be selected for subsequent trial, and specific indication to be pursued for product registration. The Company is very encouraged to see reduction of pain as compared to placebo in patients whose LBP is driven predominantly by muscle spasms. Scilex is also very pleased with the safety outcome of the trial, confirming our expectations and performance of SP-103 previously demonstrated in phase 1 trials.
EDBL

Hot Stocks

09:04 EDT Edible Garden announces distribution of pulp sustainable gourmet sauces - Edible Garden AG announced that Morton Williams Supermarkets will begin carrying Edible Garden's new line of Pulp sustainable gourmet sauces in all 16 of their locations within the New York Metropolitan area. Jim Kras, Chief Executive Officer of Edible Garden, commented, "We are delighted to have been selected by Morton Williams Supermarkets to carry our Pulp Sustainable Gourmet Sauces across their entire network. Notably, this launch marks our first foray into the sizable and trend-setting New York City market. Our strategy is to rapidly and cost-effectively scale the business by leveraging our established retail relationships and introducing high margin products with longer shelf life. In turn, we believe we will be able to maximize efficiency and minimize our carbon footprint by utilizing existing distribution channels and truck routes. These products also support our Zero-Waste Inspired mission as we utilize all parts of the pepper. Overall, the feedback from both retailers and consumers has been quite positive and we look forward to announcing similar agreements in the near future."
NTRA

Hot Stocks

09:03 EDT Natera announces new study as part of I-SPY 2 trial - Natera announced a new study as part of the I-SPY 2 trial, sponsored and operated by Quantum Leap Healthcare Collaborative, that will use Signatera, Natera's personalized and tumor-informed molecular residual disease, or MRD, test, to monitor response to neoadjuvant therapy in breast cancer patients across all subtypes. This prospective study, in which 600 patients will be monitored in real time, will support efforts to establish circulating tumor DNA, or ctDNA, as a composite endpoint and generate additional data on post-surgical ctDNA status in patients treated with neoadjuvant therapy. It expands on the existing collaboration with the ISPY-2 consortium that has led to the publication of multiple studies validating the use of Signatera for neoadjuvant response monitoring and predicting recurrence risk, including studies published in Cancer Cell1 and Annals of Oncology.
AIHS

Hot Stocks

09:03 EDT Senmiao Technology reports ride-hailing platform metrics for August - Senmiao Technology announced the operating metrics for its proprietary online ride-hailing platform for the month of August 2023. In August 2023, Senmiao and its affiliates recorded 0.62M total completed orders, compared to 0.69M total orders completed in July 2023. The decrease was primarily a result of the ongoing impact of a compliance check performed by Gaode, Senmiao's online ride-hailing platform partner under the original model, which caused a decrease in completed orders in Senmiao's major market of Guangzhou in July and August. Numbers reported include the number of completed orders from several ride-hailing platform partners in Chengdu, utilizing Senmiao's network of cars and drivers for a set monthly fee.
IBEX

Hot Stocks

09:03 EDT Ibex, Genesys partner to deliver omnichannel AI-enabled customer experience - ibex announced a partnership with Genesys, a global cloud leader in AI-powered experience orchestration, to offer next-generation omnichannel customer experience and contact center solutions. This collaboration will enable both companies to enhance and expand their CX and contact center offerings. "We are delighted to partner with Genesys to offer the most comprehensive range of next-generation CX solutions to our growing roster of blue chip and digital-first clients," said Jim Ferrato, Chief Information Officer, ibex. "Leveraging Genesys Cloud CX as part of our enterprise services will allow ibex to drive greater automation, which will improve our employee experience and create unified interfaces for all channels and solutions. It will also offer enhanced flexibility and customization options to tailor solutions to meet specific enterprise needs."
SAVE

Hot Stocks

09:02 EDT Spirit Airlines partners with Liberty University for pilot training - Spirit Airlines announced a new partnership with Liberty University to launch the Spirit Wings Pilot Pathway program at the university's School of Aeronautics in Lynchburg, Virginia. The collaboration is part of the airline's efforts to grow its pipeline of professional pilots. Liberty University becomes the 10th partner to join the Spirit Wings Pilot Pathway program. Liberty University students pursuing an aviation degree can apply for the program after finishing their sophomore year and obtaining a recommendation from a faculty member. Graduates who meet all program requirements will join the team as a Spirit First Officer.
NNDM...

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09:02 EDT Nano Dimension to vote 'AGAINST' Stratasys' merger with Desktop Metal - Nano Dimension (NNDM) announced that it opposes and intends to vote against Stratasys (SSYS) proposed merger with Desktop Metal Inc. (DM) and urges fellow Stratasys shareholders to join in casting votes against the transaction at the company's Extraordinary General Meeting of Shareholders to be held on September 28, 2023. Nano Dimension is Stratasys' largest shareholder and owns approximately 14.1% of Stratasys' outstanding ordinary shares. Yoav Stern, CEO of Nano Dimension, commented, "The opportunity to vote on Stratasys' proposed merger with Desktop Metal is quickly approaching. We express to our fellow Stratasys shareholders our deep conviction that this merger would be highly dilutive and result in significant value destruction, sacrificing profitability and financial flexibility of Stratasys for limited upside. We intend to vote AGAINST the proposed merger. Abstaining or not voting is not enough to show your opposition and we urge our fellow Stratasys shareholders to join us in voting AGAINST the transaction." Nano Dimension's opposition to a merger of Stratasys with Desktop Metal is based on the following rationale:
UBER

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09:02 EDT Uber announces new partnership with The Fresh Market - Uber Technologies announced its new partnership with Greensboro, North Carolina-based The Fresh Market to offer on-demand and scheduled delivery to customers across The Fresh Market's operating areas. Starting 9/14, all 161 of The Fresh Market locations will be available to shop through Uber and Uber Eats. With this new partnership customers will be able to use Uber's apps to order their Fresh Market must-haves-and discover new favorites from its highly curated and European-inspired selection-for delivery on-demand, right to their doorsteps. To celebrate The Fresh Market's debut on Uber Eats, consumers will enjoy up to 50% off orders over $60 with code UBERFRESH and, as always, Uber One members benefit from $0 Delivery Fee and 5% off on The Fresh Market orders of $35 or more.
CYTO

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09:00 EDT Altamira Therapeutics reports efficacy outcome from Bentrio clinical trial - Altamira Therapeutics announced further positive and statistically significant efficacy data from the randomized controlled NASAR clinical trial, which evaluated their Bentrio nasal spray in seasonal allergic rhinitis. Bentrio nasal spray is formulated as a drug-free and preservative-free gel emulsion designed to help protect against airborne allergens such as pollen or house dust mites. The NASAR trial enrolled 100 SAR patients in Australia who were randomized at a 1:1 ratio to receive either Bentrio or saline nasal spray, the current standard of care in drug-free SAR management. Study participants self-administered the treatment for two weeks three times per day, or as needed. As previously reported, the NASAR trial met its primary efficacy endpoint, with the Bentrio group showing a mean rTNSS over the treatment period of 5.0 points vs. 6.1 points for the saline spray group, resulting in a statistically significant difference of 1.1 points in the ANCOVA model1 in favor of Bentrio. Additional data, which have become subsequently available from the NASAR trial, confirm and reinforce the body of evidence demonstrating Bentrio's efficacy in SAR management. The mean instantaneous TNSS, which measures nasal symptoms 'at the moment' and served as a secondary efficacy endpoint, was 4.4 points and 4.8 points at baseline. At the end of the treatment period, it reached 2.9 points in the Bentrio group vs. 3.7 points in the placebo group. Like for the TNSS, the difference of 0.8 points in the ANCOVA model was significantly larger for the Bentrio group . The treatment effect in favor of Bentrio became apparent from the first day of the two-week treatment period and was observed across the four nasal symptoms covered by the TNSS. It was particularly pronounced in patients with moderate to severe symptom levels. Importantly, the alleviation of symptoms was associated with an improvement in health-related quality of life, as measured by the Rhinoconjunctivitis Quality of Life Questionnaire. The RQLQ has been designed to collect information on functional problems caused by allergic rhinitis. At baseline, the mean total RQLQ score was 3.0 points in the Bentrio group and 2.8 points in the saline spray group and decreased to 1.7 points and 2.4 points, respectively, by Day 14. The improvement in the Bentrio group was significantly superior for each of the 8 RQLQ items, including nasal symptoms, eye symptoms, non-nose/eye symptoms, activity limitations, sleep problems, practical problems and emotional function. Further, the read-out from the NASAR trial suggest that Bentrio helps reduce the need for relief medication. Whereas a similar share of patients required relief medication during the treatment-free run-in period, more participants in the Bentrio group could abstain from relief medication during the treatment period, but only 4 out of 15 in the saline spray group.
CGC

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08:50 EDT Canopy Growth ceases funding BioSteel business unit - Canopy Growth has ceased funding BioSteel Sports Nutrition and BioSteel has commenced proceedings under the companies' Creditors Arrangement Act in the Ontario Superior Court of Justice and will seek recognition of that proceeding under Chapter 15 of the U.S. Bankruptcy Code as part of its efforts to simplify its business and reduce cash burn. BioSteel represented approximately 60% of the company's Q1 FY2024 Adjusted EBITDA loss. The decision by BioSteel to seek creditor protection means that Canopy Growth will limit the further funding obligations in respect of the BioSteel business unit. Canopy Growth aims to transform to a simplified, asset-light operating model and focus on its core cannabis operations. With BioSteel's operating loss and cash burn eliminated, Canopy Growth reiterates its expectation to achieve positive Adjusted EBITDA across its remaining business units exiting FY2024. Since July 1, reduction of the company's overall debt by approximately C$349M, with further reductions totalling approximately C$95M expected over the next two quarters. Management continues to expect restructuring initiatives in FY2023 to deliver combined Selling, General & Administrative Expense and Cost of Goods Sold reduction of C$240M-$310M by the end of FY2024.
HEPA

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08:48 EDT Hepion announces results from translational study on rencofilstat - Hepion Pharmaceutical announced positive results from a translational research study in which Hepion's lead drug candidate, rencofilstat, was administered to diseased human lung tissue from patients with idiopathic pulmonary fibrosis, IPF. In this study, FibroFind obtained diseased lung tissue from two individuals undergoing lung transplantation for end-stage IPF, a deadly fibrotic lung disease. Precision cut lung slices were made and individually incubated in culture with rencofilstat, nintedanib, pirfenidone, or combinations of the compounds for four days. Proteomics analyses were conducted on lung tissues at the end of treatment by PhenoSwitch Bioscience and identified 1,953 unique proteins in the samples. These analyses demonstrated: Rencofilstat monotherapy altered levels of between 8 and 28% of the 1,953 proteins identified in PCLuS depending on dose and donor. This represented changes 2 - 4-times greater than nintedanib or pirfenidone in PCLuS from the first donor, and 2-fold greater than nintedanib in the second donor; Rencofilstat, in combination with nintedanib, altered levels of 16 - 42% of the 1,953 proteins depending on donor, which represented 2.7 - 7.8-fold more than nintedanib alone; Rencofilstat, in combination with pirfenidone, altered levels of 12 - 46% of the 1,953 proteins depending on donor, which represented 1.3 - 2.2-fold more proteins altered by pirfenidone alone; Among three studies reporting differentially expressed proteins in IPF lungs compared to normal controls,1-3 up to 41% of the reported differential proteins were also found in the current PCLuS study to be altered by rencofilstat alone or in combination. Furthermore, the majority of rencofilstat's effects on the overlapping proteins were opposite to the disturbances reported in the large IPF studies, which is consistent with disease-normalizing actions of rencofilstat; The normalizing actions of rencofilstat monotherapy and combinations spanned many important classes of proteins, including multiple isoforms of collagens, laminins, integrins, keratins, and MHC antigens. Additional, notable proteins whose abundance was positively shifted by rencofilstat included TIMP3, nidogen, surfactant protein C, cathepsin B, myeloperoxidase, lysozyme, mimecan, and asporin; and Cyclophilin B protein, a primary target of rencofilstat, was reported to be elevated in IPF lung tissue,1,2 suggesting a pathogenic role, and rencofilstat alone and in combination in PCLuS decreased tissue levels of cyclophilin B.
OKYO

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08:46 EDT OKYO Pharma announces withdrawal of public offering - OKYO Pharma announced the withdrawal of its proposed public offering of ordinary shares and its termination of Freedom Capital Markets as underwriter. The decision was made in response to changing market conditions.
RSLS

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08:46 EDT ReShape receives NIH SBIR grant for bloc-stim neuromodulation device - ReShape Lifesciences announced that the Company was awarded a $331,541 Small Business Innovation Research, SBIR, grant for the development of ReShape's Diabetes Bloc-Stim Neuromodulation device, which utilizes its proprietary vagus nerve block technology platform, combined with vagus nerve stimulation, for the treatment of Type 2 diabetes, a prominent disorder associated with obesity. Specifically, the grant will fund the exploration of high-resolution endoscopic ultrasound probes to aid accurate placement of the electrodes laparoscopically on the celiac and hepatic branches in large animals. "Awarding this third NIH SBIR grant brings the total received awards to $900,000, and is a testament to both our non-dilutive funding strategy and the NIH's strong interest in the development of the novel DBSN device and its potential to address the significant, global diabetes market," stated Paul F. Hickey, President and Chief Executive Officer of ReShape Lifesciences. "With the funding, to date, our team has successfully completed the pre-clinical development of the device, which utilizes bioelectronics to adjust insulin production and manage blood glucose to potentially treat Type 2 diabetes and hypoglycemia. It has also shown that this innovative technology may reduce diabetics' dependence on medications in a very individualized manner with the goal of reducing costs of treatment and complications that arise from poorly controlled blood glucose and non-compliance with diabetes medications."
EVOK

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08:45 EDT Evoke Pharma receives notice of allowance from USPTO for GIMOTI - Evoke Pharma announced that it has been granted a Notice of Allowance from the U.S. Patent and Trademark Office, USPTO, for patent application No. 17/366,829 pertaining to GIMOTI, the first and only FDA-approved nasal formulation of metoclopramide commercially available in the United States. When issued, the patent will cover the intranasal pharmaceutical composition of GIMOTI. Upon issuance, the patent titled "Nasal Formulations of Metoclopramide" will be set to expire in 2029. "This soon-to-issued patent further establishes our commercial and intellectual property footprint within the GI therapeutic space. We continue to hear stories of lives being changed with GIMOTI and we believe our product can become the first-line treatment for those who suffer from the debilitating symptoms of diabetic gastroparesis. This disease continues to grow due to the increase in prevalence of diabetes and we are receiving significant market feedback regarding the implications of the new GLP-1 treatments which may uncover delayed gastric emptying. Diabetes and gastroparesis remains our focus and GIMOTI is the only non-oral outpatient treatment indicated to address the nausea, vomiting, abdominal pain and other symptoms brought on by this difficult disease," commented David Gonyer, R.Ph., Chief Executive Officer of Evoke Pharma.
TIO

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08:44 EDT Tingo Group launches next generation of TingoPay Super App - Tingo Group announced the launch of the next-generation version of its super app, TingoPay. Darren Mercer, Chief Executive Officer of Tingo Group, Inc. commented: "Having recently completed the beta-test program, I am delighted to be launching the full version of our TingoPay super app and to expand its market reach through the addition of an iOS version alongside the next-generation Android version. I am also thrilled to be deepening our relationship with global payment provider, Visa, as they continue to power our range of retail-customer payment services and digital wallet alongside our wide range of merchant services. I believe that TingoPay's expanded range of features, value-added services and billing partners makes us one of the most comprehensive super-apps in the fast-growing African market and I am confident we will further strengthen our market-position, increase our brand awareness, and attract significant numbers of users through our ambitious rolling program of technological development and product enhancements."
ONFO

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08:43 EDT Onfolio's Contentellect drives web traffic from 0 to 50,000 for PerkUp - Onfolio announced that its subsidiary Contentellect increased PerkUp's web visitors from near 0 to 50,000 using keyword clustering. Contentellect is a digital company that provides content and links for SEO teams and agencies. Its client, PerkUp, is a tech startup that helps companies send rewards and gifts to their employees. "Our subsidiaries like Contentellect provide creative solutions that result in significant and rapidly deployed efficiencies for clients," commented Dominic Wells, Onfolio's CEO and Founder. "We believe that these types of results contribute not only to our customers' satisfaction, but to the value that our Company offers shareholders as we increase our footprint in our various verticals."
DRTS

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08:43 EDT Alpha Tau treats first patient with inoperable pancreatic cancer - Alpha Tau Medical announced that a patient with advanced inoperable pancreatic cancer has been treated in a clinical trial at Hadassah Medical Center in Jerusalem, Israel. The trial is designed for a broad range of solid tumor patients who do not qualify for participation in other existing trials or who do not have other treatment options according to the treating physician. "We are dedicated to improving the lives and giving hope to cancer patients and their families, and we believe that Alpha DaRT has the potential to transform the treatment landscape for malignant tumors worldwide," said Alpha Tau CEO Uzi Sofer. "Treating this patient with advanced inoperable pancreatic cancer, who may not have had other life-saving options at this stage, is very encouraging as we continue to execute on our unwavering mission to reach those patients with high unmet need. We are pursuing our objective of establishing Alpha DaRT as a treatment option for this terrible illness with our ongoing studies of pancreatic cancer in Israel and Montreal."
PFSW GXO

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08:42 EDT PFSweb to be acquired by GXO Logistics for $7.50 per share in cash - PFSweb (PFSW) has entered into an Agreement and Plan of Merger to be acquired by GXO Logistics (GXO) for an equity value of approximately $181 million. The transaction is expected to close in the fourth quarter of 2023. The merger agreement provides for GXO, through a subsidiary, to commence a tender offer to acquire all outstanding shares of PFSweb at $7.50 per share in cash. The consummation of the tender offer will be subject to certain conditions, including the tender of at least a majority of the outstanding shares of PFSweb common stock, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions. Upon completion of the tender offer, GXO will acquire all PFSweb shares not acquired in the tender through a second-step merger. Upon closing the transaction, PFSweb will be removed from the Nasdaq Stock Exchange, and PFS will operate as a division within GXO. "Joining GXO represents a strong strategic next step for PFS, as well as a valuable conclusion to our strategic alternatives process," said Mike Willoughby, CEO of PFSweb. "Since completing the sale of our LiveArea business to Merkle, we have worked diligently to strengthen PFS' operational efficiency and multi-node fulfillment network. This transaction is a testament to the success of these efforts, as well as the world-class quality of our team and client base and we believe PFS will be a fruitful addition to GXO's extensive platform."
COCO

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08:41 EDT Vita Coco announces partnership with Becky G - The Vita Coco Company announces a partnership with award-winning singer, songwriter, actress and activist Becky G. As the new face of the brand, Becky G, a fierce "advocate for authenticity," perfectly aligns with Vita Coco's brand values. "From our first conversations, it was clear that Becky G was going to be an amazing ambassador and partner for Vita Coco," said Mike Kirban, co-founder and executive chairman of The Vita Coco Company. "Not only is she someone who is unapologetically herself, she does so while embracing her roots and championing her community - a community that increasingly mirrors the diverse and growing family of Vita Coco drinkers."
T

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08:41 EDT AT&T sees FY23 free cash flow $16B or more
UGRO

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08:41 EDT Urban-Gro signs multiple contracts with clients for aggregate value of over $2M - urban-gro announced that the Company signed more than $2M of contracts spread across existing clients in target sectors including industrial, aerospace, laboratories, and hospitality. Collectively, the contracts include architecture and design, engineering, and construction management services for clients in the Midwest and Southern United States. The Company anticipates that the revenue for these projects will be predominantly recognized over the next two quarters. Additionally, and not contemplated in the aforementioned contract value, urban-gro signed a master service agreement to provide engineering services for two national hotel chains in the United States. Bradley Nattrass, Chairman and CEO, commented, "We remain focused on expanding our presence in our target sectors and these contracts demonstrate the continued execution of our diversification strategy as well as our team's technical capabilities and multi-sector expertise that are highly valued in today's marketplace."
T

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08:40 EDT AT&T sees Q3 free cash flow about $4.5B-$5B - CFO Pascal Desroches is speaking at the Bank of America Media, Communications & Entertainment Conference.
TTEC

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08:35 EDT TTEC Holdings awarded federal contract to improve contact center operations - TTEC Holdings subsidiary TTEC Government Solutions was awarded a contract to modernize the customer experience at a wide range of federal agencies with the U.S. General Services Administration, or GSA. Through TTEC Digital, the company will provide consulting and advisory services for federal agencies supported by GSA. Partner agencies will receive tailored guidance, support, and recommendations. TTEC Digital provides capabilities in Generative AI, Chatbots, and Voicebots, and applies AI for advancements in Training, Knowledge Management, Talent Acquisition, and Retention, to provide journeys that are on par with customer experiences in commercial markets. The contract is valued at more than $4M and includes a 12-month base period with two, 12-month options.
UP...

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08:35 EDT Wheels Up names George Mattson as CEO - Wheels Up Experience (UP) announced George Mattson as its new CEO, as the company charts its future as a leader in private jet travel. Mattson brings 25 years of aviation experience to the role, as a strategic advisor, financier, business owner/operator and director. Mattson is a longstanding member of Delta's (DAL) Board of Directors. He previously served as a partner and co-head of the Global Industrials Group in Investment Banking at Goldman Sachs & Co. (GS) from 2002 to 2012.
NBIX

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08:33 EDT Neurocrine's NDA for Ingrezza granules accepted by FDA - Neurocrine announced the FDA has accepted its New Drug Application - NDA - for Ingrezza oral granules, a new sprinkle formulation of Ingrezza capsules for oral administration. The agency set a Prescription Drug User Fee Act target action date of April 30, 2024. The Ingrezza oral granules capsules are intended to be opened for sprinkling on soft foods prior to administration. The NDA filing included chemistry, manufacturing, and controls information and data demonstrating the bioequivalence and tolerability of the Ingrezza oral granule sprinkle capsules compared to the currently approved Ingrezza capsules. Ingrezza is currently available as the only one-capsule, once-daily treatment option with no complex titration for adults with tardive dyskinesia and the treatment of chorea associated with Huntington's disease.
TGB

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08:32 EDT Taseko Mines receives final permit for Florence Copper Project - Taseko Mines is pleased to announce that the US Environment Protection Agency has issued a final Underground Injection Control Permit for the Florence Copper Project. When commercial operations begin, Florence Copper will have an annual production capacity of 85M pounds of copper at $1.11 per pound C1 cash costs over a 22-year mine life. Based on a March 2023 Technical Report for the Project, which is supported by results from the successful operation of a production test facility, the Project has an after-tax NPV (8%) of $930M at a copper price of $3.75 per pound.
KAVL

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08:28 EDT Kaival Brands announces bulk order for BIDI Sticks from H.T. Hackney - Kaival Brands Innovations Group announced that it has shipped a bulk order of BIDI Sticks to H.T. Hackney, one of the largest wholesale distributors in the United States. The order is valued at more than $750,000 and was shipped in the fourth quarter of fiscal year 2023. H.T. Hackney had not ordered more than $100,000 of BIDI Stick product in a single order since March 2023. Eric Mosser, Chief Executive Officer & President of Kaival Brands, said, "This bulk order represents the resumption of activity with one of our key distribution partners and is an important step towards accelerating our product sales. Hackney is a long-term, dedicated distributor that recognizes the important business value of only distributing compliant and legitimate, non-illicit ENDS products and shares our commitment to championing youth-access prevention. Given recent enforcement efforts by the FDA to address the problem of illicit and illegal vaping products, we are optimistic that this bulk order is an indication of a positive trajectory in revenue growth."
BBU

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08:17 EDT Nielsen names Karthik Rao as CEO - Nielsen announced that Karthik Rao has been named CEO, effective immediately. David Kenny, who has served as CEO since 2018, will assume the role of Executive Chairman. Prior to being named CEO of the audience measurement business, Rao served as Nielsen's COO. Before that he was the CEO of Nielsen Portfolio, leading the fully independent division comprising Nielsen Entertainment, Nielsen Gracenote, Nielsen Brandbank and the Nielsen Telecom businesses across all global markets. Nielsen is backed by Elliott Investment Management L.P., and Brookfield Business Partners L.P., together with institutional partners.
LYT

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08:09 EDT Lytus Technologies launches Lytus Studios - Lytus Technologies announces the set up and launch of LYTUS STUDIOS in the USA for its content creation and technology services that will serve global markets. LYTUS STUDIOS plans to offer cutting edge creative services along with specialized technology infrastructure for film, video, series, commercials, events, corporate and digital industries. LYTUS STUDIOS will combine next age technology that will bring together VR, AR, MR into a composite XR for film & video entertainment. LYTUS STUDIOS is also building a unique video streaming service, LYTUS PLAY. This service will initially be offered to Lytus Technologies' current million + users in India while launching the service concurrently in the USA. Lytus Technologies CEO Dharmesh Pandya said, "We are very keen to expand technology services that are transformative. With LYTUS STUDIOS we will be able to enhance the entertainment experience of our global customers by creating curated content for our upcoming platforms and for the global entertainment world."
SHFS

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08:08 EDT SHF Holdings originates $3M first lien secured loan - SHF Holdings announced that it has originated a $3 million loan for a Washington-based organic, THC-infused beverage company to support its expansion into the California market. Dan Roda, Executive Vice President & Chief Operating Officer of Safe Harbor Financial commented, "This credit facility, secured by a first lien on the beverage company's state-of-the-art bottling plant in Washington, demonstrates Safe Harbor's critical role in supporting the expansion of leading cannabis operators and brands across the country. These companies are continuing to experience strong growth as demand for innovative cannabis products, especially as demand within novel categories such as infused food and beverage, continues to grow. At Safe Harbor, we take pride in our ability to facilitate this growth, and, armed with our industry-leading suite of credit products, we are uniquely situated to support it."
GXO

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08:07 EDT GXO Logistics acquires PFSweb for $7.50 per share - GXO Logistics announced they have entered into a definitive agreement pursuant to which GXO will acquire PFSweb for $7.50 per share in cash, representing an equity value of approximately $181 million. The enterprise value is $142 million and includes PFSweb's cash balance of $39 million at June 30, 2023. GXO CEO Malcolm Wilson said, "PFS is an ideal acquisition for GXO: it enhances our exposure to new high-growth verticals in North America and adds important capabilities to our offerings. Over the past 25 years, the PFS team has established a successful track record in both direct to consumer and B2B channels, and they've built a rock-solid reputation with many of the world's most iconic brands by deploying an order fulfillment platform that rivals the largest enterprise 3PL providers in the industry. We're excited to bring them on board and look forward to driving additional shareholder value through disciplined capital allocation and continued investment in high growth opportunities." Terms of the Transaction: The merger agreement provides for GXO, through a subsidiary, to commence a tender offer to acquire all outstanding shares of PFSweb at an all-cash price of $7.50 per share of PFSweb common stock. The closing of the tender offer will be subject to certain conditions, including the tender of at least a majority of the outstanding shares of PFSweb common stock, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions. Upon the successful completion of the tender offer, GXO will acquire all shares not acquired in the tender through a second-step merger. The transaction is expected to close in the fourth quarter of 2023.
VCIG

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08:06 EDT VCI partners with YY in developing hospitality industry in Southeast Asia - VCI Global announces that it is partnering YY Group Holding Limited to identify opportunities in the hospitality field within the Southeast Asia region. This partnership premises on the ability to capitalise on each other's strength and networking. YY Group will be able to expand into various countries by tapping on VCI Global's vast network, while expanding VCI Global's consulting capabilities into the hospitality industry." By joining forces, we combine our expertise, innovation, and resources to create a synergy that will help shape the future of the hospitality industry. With superior capabilities and shared vision, together we pave the way for further growth for both companies," said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
LABP

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08:05 EDT Landos Biopharma announces strategic research collaboration with KU Leuven - Landos Biopharma announced a strategic research collaboration to investigate the effects of NX-13 on epithelial cells with the Inflammatory Bowel Disease Team at KU Leuven and University Hospitals Leuven, a leading European research university and hospital network known for its innovation in Leuven, Belgium. The NEXUS Phase 2 proof-of-concept clinical trial of NX-13 in patients with moderate-to-severe ulcerative colitis was initiated during the second quarter of 2023. Recruitment, screening and randomization of patients continues, with top-line results on track for the fourth quarter of 2024. The results are expected to provide further insight into the impact of NX-13 on gene expression and regulation, and cytokine responses. "We are thrilled to collaborate with Dr. Verstockt and the IBD Team at KU Leuven, an established global research center at the leading edge of clinical and translational research," commented Dr. Fabio Cataldi, Executive Vice-President & Chief Medical Officer at Landos. "We expect this research will broaden our already strong data foundation for the novel and unique bimodal mechanism of action of NX-13 and further validate the role of immunometabolism in inflammation and IBD."
LUXH

Hot Stocks

08:05 EDT LuxUrban Hotels announces rebranding of two hotels - LuxUrban Hotels announced that the Herald Hotel in New York City and O Hotel in Los Angeles have been re-branded as "The Herald by LuxUrban, Trademark Collection by Wyndham" and "O Hotel, Trademark Collection(R) by Wyndham," respectively. These hotels join The Blakely by LuxUrban, Trademark Collection by Wyndham in New York City as the latest LuxUrban property additions to the Wyndham Hotels & Resorts brand family.
NMRD

Hot Stocks

08:04 EDT Nemaura Medical provides update on Nasdaq compliance status, process - Nemaura Medical provided an update regarding the status of its compliance with Nasdaq continued listed standards and anticipated next steps to maintain its listing on The Nasdaq Capital Market. The Company currently does not expect to regain compliance with the above-referenced Nasdaq listing criteria prior to the expiration of the applicable grace periods and, as such, anticipates receipt of a delisting determination from the Staff promptly following the expiration of the grace periods. Importantly, however, upon receipt of such determination, the Company may request a hearing before a Nasdaq Hearings Panel to address the listing deficiencies, which request will stay any suspension or delisting action by Nasdaq at least until a hearing is held and any extension that may be granted by the Panel to the Company following the hearing has expired. In that regard, pursuant to the Nasdaq Listing Rules, the Panel has the discretion to grant the Company an additional extension period not to exceed 180 calendar days from the date of the forthcoming delist determination. The Company plans to timely request such hearing and is considering all options available to it to regain compliance and maintain its listing on The Nasdaq Capital Market.
CRL

Hot Stocks

08:03 EDT Charles River enters multi-program collaboration pact utilizing Logica - Charles River announced a multi-program collaboration agreement to apply Logica across several previously undrugged targets in the RS portfolio. Logica is an Artificial Intelligence, or AI, powered drug solution that translates biological insights into optimized assets. Under the collaboration, RS will work closely with the Charles River and Valo Health teams to deploy Logica to discover valuable new medicines to address key unmet needs across a range of disease areas, including cancer immunotherapy, autoimmunity, and inflammatory diseases.
WKSP

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08:02 EDT Worksport advances towards launch of SOLIS Solar Cover - Worksport announces significant strides in the development of its groundbreaking COR battery system, designed to complement the launch of the SOLIS solar cover. This cutting-edge duo is poised to empower remote power supply and extend the driving range of electric pickup trucks, thereby underscoring Worksport's commitment to sustainability and innovation as a cleantech company. "We recognize the importance of safety and user experience. By integrating advanced technology with user-centric designs, we're ensuring that our COR battery system is not just innovative but also robust and intuitive," stated Steven Rossi, CEO of Worksport. "Our end goal is to offer our customers a system that's tailored to their unique needs - from the scorching heat of Arizona to the cold fronts of Alaska."
EWTX

Hot Stocks

08:02 EDT Edgewise Therapeutics announces intial dosing in EDG-7500 trial - Edgewise Therapeutics announced initial dosing in a Phase 1 trial of EDG-7500. EDG-7500 is a oral, selective, cardiac sarcomere modulator, specifically designed to slow early contraction velocity and address impaired cardiac relaxation associated with HCM and other diseases of diastolic dysfunction. The Phase 1 trial will assess the safety, tolerability, pharmacokinetics and pharmacodynamics of EDG-7500 in healthy adults. The company is also planning to begin a Phase 1b study of EDG-7500 in individuals with obstructive HCM in the first half of 2024.
DPRO

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07:59 EDT Draganfly secures first defense orders for its Commander 3XL with U.S. military - Draganfly announces that it has secured its first defense orders for its Commander 3 XL with the U.S. Military. The Commander 3 XL is being utilized to enhance mission success by enabling confident and accurate navigation through unfamiliar terrain and GPS denied environments. "We are thrilled that the U.S. Military has seen fit to utilize the Commander 3 XL platform to aid in achieving their mission objectives in unfamiliar terrain and GPS denied environments," said Cameron Chell, President and CEO of Draganfly. "We are excited by the expanding opportunities to collaborate and deliver solutions meeting evolving needs and challenges in the defense space."
HPQ

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07:53 EDT HP Inc. discloses Berkshire Hathaway sale of $158.5M in common stock - In a regulatory filing, HP Inc. disclosed that holder Berkshire Hathaway has sold about 5.5M shares of common stock on September 11th as part of an option expiry, reducing its stake by about $158.5M. Shares of HP Inc. are down 2.4% in pre-market trading at $27.65.
RH

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07:42 EDT RH director sells $7.76M in common stock - In a regulatory filing, RH disclosed that its director Carlos Alberini sold 25K shares of common stock on September 12th in a total transaction size of $7.76M.
FSV

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07:40 EDT FirstService completes three tuck-under acquisitions - FirstService announced that it has recently completed three restoration tuck-under acquisitions. Terms of the transactions were not disclosed. First Onsite Restoration acquired Nashville, Tennessee-based Case Restoration Co. Paul Davis Restoration added to its company-owned platform with the acquisitions of its franchised operations serving the Richmond, Virginia and Reno, Nevada metropolitan areas, respectively.
SHYF

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07:37 EDT Shyft Group releases 2023 sustainability report - The Shyft Group published its 2023 sustainability report, Charging Towards a Sustainable Future, highlighting the company's sustainability activities, performance and results from calendar year 2022. "In collaboration with our Board of Directors, the dedicated team spearheading our sustainability efforts, and each individual within the Shyft community, we are forging ahead with a unified purpose and unwavering commitment," said Josh Sherbin, Chief Legal and Compliance Officer. "Our accomplishments in 2022 reflect our continued commitment to a future that's brighter and more sustainable for all."
AVXL

Hot Stocks

07:37 EDT Anavex's trial of ANAVEX 2-73 demonstrated slowing in cognitive decline - Anavex Life Sciences announced that a follow-on analysis of the landmark Phase 2b/3 study to treat early Alzheimer's disease with the investigational drug blarcamesine did demonstrate a statistically significant slowing in cognitive decline associated with Alzheimer's disease. The clinical effect was complemented by two independent biomarkers: A significant reduction in pathological amyloid beta levels in plasma, as well as a significant slowing in the rate of pathological brain atrophy on MRI scans. All prespecified clinical endpoints were analyzed using a mixed model for repeated measures. The MMRM analysis method is the convention used for regulatory filings and discussions with regulatory authorities are in preparation. The trial was successful, since the differences in the least-squares mean change from baseline to 48 weeks between the blarcamesine and placebo groups were -1.783 for ADAS-Cog13, and -0.456 for CDR-SB in patients with early Alzheimer's disease. In addition, validated biomarkers of amyloid beta pathology, plasma Abeta42/40 ratio increased significantly demonstrating strong anti-amyloid effects of blarcamesine in Alzheimer's disease patients, while MRI revealed significant reduction in brain volume loss, including whole brain, comparing treatment to placebo. In the respective safety population, common treatment-emergent adverse events included dizziness, which was transient and mostly mild to moderate in severity, and occurred in 120 participants during titration and in 76 participants during maintenance with blarcamesine and 10 during titration and 9 during maintenance with placebo.
AAU

Hot Stocks

07:32 EDT Almaden Minerals obtains provisional injunction related to decision of Economia - Almaden Minerals reports that the Mexican Federal Administrative Court has granted a provisional injunction to Almaden's Mexican subsidiary, Minera Gorrion, relating to the submission issued by Mexico's Ministry of the Economy, Economia, to the district court which is overseeing the implementation of the February 2022 decision of Mexico's Supreme Court requiring indigenous consultations prior to the granting of mineral titles to the Ixtaca project. Economia's submission to the District Court was made in February 2023 and aims to deny the two mineral title applications to the Ixtaca project which were first made by Almaden in 2002 and 2008, and which in turn led to the grant of mineral titles in 2003 and 2009, respectively. As previously reported, these mineral titles were reduced to application status as a result of the February 2022 decision of the SCJN. Duane Poliquin, Chair of Almaden, stated, "We filed this complaint with the Federal Administrative Court back in March and despite the long delay we are encouraged that we may finally have the opportunity to explain why we believe the Economia Submission is a seriously flawed document."
AMPS MS

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07:32 EDT Altus Power, Brightcore announce new solar project with Morgan Stanley - Altus Power (AMPS) and Brightcore Energy announced a new solar project with Morgan Stanley (MS) that will be installed on Morgan Stanley's parking structure at its campus in Purchase, New York. The 2.7 megawatt solar array will be located on parking canopies at Morgan Stanley Wealth Management's campus in Purchase, New York, and is expected to save the carbon equivalent of burning more than 2.9M pounds of coal or more than 4,700 barrels of oil as compared to utility power. Morgan Stanley will benefit from 40% of the discounted, clean electric power generated from the project, with the remaining benefits to be offered to the local community.
KITT SHEL

Hot Stocks

07:31 EDT Nauticus Robotics announces offshore service agreement with Shell - Nauticus Robotics (KITT) announced its entry into a service contract with Shell (SHEL). The initial scope of work includes inspection services on a Shell subsea field development in the Gulf of Mexico, and the contract contemplates visible future inspection service projects. The contract follows Nauticus' successful qualification phase for autonomous methods of subsea operations for inspection services. The new contract acknowledges Nauticus' successful transition to a fully operational offshore services provider. "I am incredibly pleased with the progress the team has made in our collaboration with Shell and to embark on this new project with one of the world's leading energy companies," said Nicolaus Radford, CEO of Nauticus. "Nauticus now has visibility long term IMR services work for Shell and the opportunity to become the preferred supplier for this advanced work. We recognize the significance of this opportunity with Shell and look forward to the execution of this project work."
CSTL

Hot Stocks

07:19 EDT Castle Biosciences announces publication of TissueCypher test data - Castle Biosciences announced the publication of data demonstrating that the TissueCypher Barrett's Esophagus test outperformed standard of care pathology review in predicting malignant progression to HGD and EAC in BE patients with an initial diagnosis of LGD. The study findings are available online in Gastroenterology. The study evaluated the risk-stratification performance of TissueCypher in 154 BE patients with an initial community-based diagnosis of LGD with known progression/non-progression outcomes who were prospectively followed as part of the Surveillance versus Radiofrequency Ablation, or SURF, trial. The study aimed to compare the test's performance against an international panel of 14 expert and 16 community-based, generalist pathologists from five countries. In the study, the TissueCypher test demonstrated higher sensitivity in detecting patients who progressed to HGD/EAC when compared to the panel of pathologists. Importantly, TissueCypher identified 43% of the progressors downstaged to NDBE by the pathologists and could thus be missed by standard of care due to the variability in pathologist diagnoses. Use of the TissueCypher test in combination with pathology review identified 80.4% of patients who progressed, indicating that the test can increase the early detection of progressors when used with pathology. Additionally, patients with NDBE who received TissueCypher high-risk scores progressed to HGD/EAC at a rate of 21.4% within five years, which is higher than the published rate of progression in patients with expert pathologist-confirmed LGD. This high-risk subset of BE patients who may be missed by standard of care pathology review can be detected early by the TissueCypher test, enabling intervention with endoscopic eradication therapy to prevent development of EAC, or close surveillance to detect dysplasia and EAC at early, treatable stages. Overall, the study demonstrated that TissueCypher can accurately predict progression to HGD or EAC in BE patients who are initially diagnosed with LGD in a community setting. Further, TissueCypher test results can provide an objective solution to variable pathology review, allowing physicians to make more informed management decisions for their patients, which may include upstaging care for patients at high risk for progression and reducing unnecessary interventions in low-risk patients.
MBLY

Hot Stocks

07:12 EDT Mobileye, FAW Group announce new strategic partnership - FAW Group, one of the largest Chinese automotive groups, and Mobileye have announced a new strategic partnership leveraging their respective industry advantages in software, hardware and technology products. The two sides will work together to create new products based on Mobileye SuperVision and Mobileye Chauffeur platforms, to empower customers with safe, enjoyable driving experiences. More details about the projects will be shared in the months ahead.
BAER

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07:11 EDT Bridger Aerospace acquires Ignis Technologies for $3M in stock - Bridger Aerospace Group announced that it has acquired Ignis Technologies for $3 million, with an additional contingent earn-out consideration of up to $9.0 million, paid in the form of restricted shares of Bridger common stock. Ignis is a fire technology company delivering mission-critical intelligence and technology solutions to firefighting organizations. "The addition of Ignis maximizes the value of Bridger's investments in FireTrac and other fire intelligence SaaS assets, and presents the clearest path to executing on our shared mission to equip firefighters with the critical technology they need to reduce the number of lives, properties and natural habitats lost to wildfire," commented Tim Sheehy, Bridger's Chief Executive Officer. Terms of the Ignis Transaction: Ignis was issued $3 million in restricted common stock on the closing date, which will vest in equal increments over a twelve-month period. The price per share issued was based on a historical 30-day volume weighted average price. Upon the achievement of certain operational metrics by December 31, 2024, Ignis will be issued an additional $3 million in restricted common stock, which shares will vest in equal increments over a twelve-month period, with the price per share determined based upon a historical 120-day volume weighted average price at the time of issuance. Upon the successful completion of certain software integration with FireTrac, Bridger's proprietary wildfire data management software, Ignis will be issued an additional $2 million in restricted common stock in each of 2024, 2025 and 2026, with the price per share determined based upon a historical 120-day volume weighted average price at the time of each issuance.
V

Hot Stocks

07:10 EDT Visa to engage with stockholders on exchange offer program - In a regulatory filing last night, Visa announced that it is engaging with its common stockholders on the subject of potential amendments to its Seventh Restated Certificate of Incorporation that would authorize Visa to conduct an exchange offer program that would have the effect of releasing transfer restrictions on portions of Visa's Class B common stock in "a manner that is designed to be economically equivalent to existing arrangements with respect to Class A and Class C common stockholders' exposure to certain litigation." Visa stated: "Visa's board of directors has reviewed, and has authorized management to engage with its common stockholders regarding, these potential Certificate of Incorporation amendments. If ultimately proposed, the amendments would become effective only if approved by a majority of the outstanding shares of Class A, Class B and Class C common stock, each voting as a separate class."
LTRX

Hot Stocks

07:09 EDT Lantronix expands in G520 Series of transport pack routers - Lantronix announced the expansion of its G520 series of transport pack routers. Now available, the G528 5G and G526 4G CAT-4 routers are poised to redefine global connectivity by delivering exceptional cybersecurity and robust connectivity designed to cater to the rapidly evolving needs of today's connected world.
SKYT

Hot Stocks

07:09 EDT SkyWater Technology announces John Sakamoto as chief operating officer - SkyWater Technology announced that John Sakamoto will be joining the company as president and chief operating officer, effective September 25. In his new role, Sakamoto will be responsible for all day-to-day business and manufacturing operations. Reporting to CEO Thomas Sonderman, Sakamoto will join SkyWater with 25 years of experience in various executive leadership positions.
ASGOF

Hot Stocks

07:09 EDT Asante announces South Russel Maiden resource, starter pit develops at Bibiani - Asante Gold announces a Maiden Mineral Resource Estimate, MRE, for the recently discovered South Russel prospect. Asante plans to develop a starter pit at South Russel which is within the mine lease of its Bibiani Gold Mine. South Russel is located on the Bibiani Shear Zone, 5.0 km north of the Aboduabo prospect and 3.8 km south of the Bibiani process plant. Dave Anthony, President and CEO of Asante, stated, "We are excited about the South Russel development and its potential for further expansion, which supports our efforts to extend the Bibiani open pit life of mine from 8.3 years to over 10 years. In just 18 months our exploration team has made remarkable progress with this deposit, transitioning from an initial discovery to establishing a maiden resource. These results affirm our belief in the high prospectivity of the 53 km long Bibiani-Chirano gold corridor for new discoveries and the organic growth of our mines."
VINC

Hot Stocks

07:07 EDT Vincerx Pharma doses first patient in Phase 1 trial evaluating VIP943 - Vincerx Pharma reported that the first patient has been dosed in the Phase 1 trial evaluating VIP943 in patients with relapsed/refractory acute myeloid leukemia, myelodysplastic syndrome, and B-cell acute lymphoblastic leukemia. "Dosing of the first patient is a major achievement for the VIP943 development program and our next-generation bioconjugation platform. This achievement occurred 17 business days from receiving our safe to proceed letter, underscoring the enthusiasm from our investigators and the strong execution capabilities of the Vincerx team," said Ahmed Hamdy, M.D., Chief Executive Officer of Vincerx. "VIP943 is the first ADC candidate from our pioneering bioconjugation platform, designed to address the challenges of current ADCs, by increasing the therapeutic index. We are the first company to bring to the clinic a legumain-cleavable linker and the first to utilize a kinesin spindle protein inhibitor as an ADC payload. This innovative and proprietary combination has generated strong preclinical evidence of activity and safety and has the potential to shift the treatment paradigm for patients with CD123+ hematologic malignancies. We look forward to evaluating the potential of VIP943 and expect to report preliminary safety and pharmacology data from our Phase 1 study in 2024."
V

Hot Stocks

07:07 EDT Visa, Paysend expand collaboration - Paysend and Visa announced a strategic collaboration enabling Paysend's customers globally to send money in real-time to eligible Visa cards across 170 countries and territories. The five-year partnership aims to revolutionize international money transfers through Visa Direct, Visa's real-time money movement network and builds on the companies' initial collaboration announced in February 2022 allowing Paysend's U.S. and UK customers to send money internationally and domestically to eligible Visa cards.
FTLF

Hot Stocks

07:06 EDT FitLife Brands announces approval to list common stock on Nasdaq market - FitLife Brands announced that the Company has received approval to list its common stock on the Nasdaq Capital Market. Trading on Nasdaq is expected to commence on Monday, September 18, 2023. Dayton Judd, the Company's Chairman and CEO, commented, "We are excited for the opportunity to list our shares on Nasdaq. We hope that this action will enhance the visibility of the Company in the capital markets and improve the trading volume of our stock."
NIR

Hot Stocks

07:05 EDT Near Intelligence general counsel Jay Angelo named chief privacy officer - Near Intelligence announced that it has appointed its general counsel, Jay Angelo, to also serve as the company's chief privacy officer. The new role of chief privacy officer will support Near's privacy initiatives.
BHVN

Hot Stocks

07:03 EDT Biohaven completes enrollment in Phase 3 study of taldefgrobep alfa - Biohaven announced completing enrollment in RESILIENT, the Phase 3 pivotal study of taldefgrobep alfa in spinal muscular atrophy. Biohaven targeted randomizing approximately 180 patients in this global trial conducted in 9 countries. The primary objective is to determine the safety and efficacy of taldefgrobep alfa compared to placebo after 48 weeks of subcutaneous administration as determined by change from baseline in the 32 item Motor Function Measure total score.
ME

Hot Stocks

07:03 EDT 23andMe, Sickle Cell 101 collaborate to expand sickle cell awareness program - 23andMe and the non-profit Sickle Cell 101, have joined forces to expand awareness of people's sickle cell carrier status. The collaboration will include DNA testing and access to 23andMe's Health + Ancestry Service for up to 1,000 eligible participants, and 23andMe will be providing monetary support to Sickle Cell 101 to support this effort.
ARMN

Hot Stocks

07:03 EDT Aris Mining begins trading on NYSE American as 'ARMN', leaves OTCQX - Aris Mining's common shares will commence trading on the NYSE American at market open today under the ticker symbol ARMN. Aris Mining's common shares will continue trading on the TSX under the ticker symbol ARIS. Concurrent with the start of trading on the NYSE American, Aris Mining's common shares will cease trading on the OTCQX market. Shareholders are not required to take any action. Aris Mining's share purchase warrants and notes will not trade on NYSE American.
VIAV...

Hot Stocks

07:02 EDT Viavi announces Nitro AIOps collaboration with Google Cloud - Viavi (VIAV) announced the availability of Nitro AIOps on Google Cloud (GOOGL), creating a solution that leverages VIAVI network analytics solutions and Google Cloud's native service capabilities. The collaboration aims to address challenges faced by communication service providers, or CSPs, and unlock new opportunities for network intelligence and optimization. The solution will be demonstrated at TMForum's DTW23 - Ignite in Copenhagen, September 19-21.
TLRY

Hot Stocks

07:02 EDT Tilray's Montauk Brewing expands distribution beyond Northeast - Montauk Brewing, a subsidiary of Tilray Brands, announced the beginning of a highly-anticipated expansion beyond the Northeast that will begin in Georgia, and continue to other major markets in the U.S. later this year. "This is a huge moment for Montauk Brewing, as we begin a sustainable path to becoming a national brand. Since Montauk Brewing was founded 11 years ago, the buzz around its innovative, easy-drinking beers has spread far beyond New York. Consumers and retailers across the country constantly ask us when Montauk will be available in their cities, and we're excited that we can now show them why Montauk is the top craft brewer in New York," said Ty Gilmore, President of U.S. Beer at Tilray.
KXIN

Hot Stocks

07:01 EDT Kaixin Auto announces 1-for-15 share consolidation - Kaixin Auto announced that it will effect a share consolidation of its ordinary shares at a ratio of 1-for-15, effective as of 5:00 p.m. Eastern Time on September 14, 2023. The Company's ordinary shares are expected to begin trading on a post-consolidation basis at the opening of trading on September 15, 2023. Upon the market opening on September 15, 2023, the Company's ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol "KXIN" with the new CUSIP number G5223X142.
CYN

Hot Stocks

07:01 EDT Cyngn secures four new patents for AI-powered autonomous vehicle technologies - Cyngn announced the issuance of four new patents granted by the United States Patent and Trademark Office for its autonomous vehicle technologies. In August, the company announced the procurement of four additional patents as a result of their proprietary technology for vehicle sensors, obstacle detection systems, autonomous driving predictions and multi-channel object matching. The publication of four additional patents brings the company's total US patents to 14, further solidifying its position as a pioneer and leader in the autonomous industrial sector.
GNLX

Hot Stocks

07:01 EDT Genelux announces inducement grants under Nasdaq listing rule - Genelux announced that on September 11, 2023, the Company's Board of Directors granted inducement awards consisting of non-qualified stock options to purchase 444,300 shares of common stock to seven new employees under the Company's 2023 Inducement Plan, including an option to purchase 150,000 shares of common stock to Lourie Zak, the Company's new Chief Financial Officer, an option to purchase 88,000 shares of common stock to Caroline Jewett, the Company's new Head of Quality, and an option to purchase 54,000 shares of common stock to Ralph Smalling, the Company's new Head of Regulatory.
LASE

Hot Stocks

07:00 EDT Laser Photonics receives order from Navistar for MarkStar Laser Marking System - Laser Photonics received an order for its MarkStar laser system for laser marking from Navistar, a company in the transport sector. Navistar will utilize the piece of machinery to mark numerous materials, including aluminum, alloy and rolled steel.
VERO

Hot Stocks

07:00 EDT Venus Concept receives 510k clearance for Venus Versa Pro System - Venus Concept announced that it has received a 510(k) clearance from the U.S. Food and Drug Administration, FDA, to market its Venus Versa Pro System, the Company's new multi-application platform, for a variety of aesthetic and cosmetic procedures. "This important clearance is a direct outcome of the new strategic plan we implemented earlier this year," said Rajiv De Silva, Chief Executive Officer of Venus Concept. "Our new strategy has led us to prioritize the allocation of resources to our most promising growth opportunities and focus on continued innovation to accelerate our path to long-term, sustainable, profitability and growth. We anticipate that the Venus Versa Pro System will be an important contributor to revenue growth in 2024."
ACM

Hot Stocks

06:57 EDT Aecom selected as Lead Designer for I-35 expansion project in Texas - Aecom has been appointed as Lead Designer for the Lone Star Constructors joint venture, which has been selected by the Texas Department of Transportation to manage the design, delivery, and maintenance of the I-35 Northeast Expansion South Project in Bexar County, Texas. The project consists of four miles of non-tolled improvements along I-35 from I-410 South to I-410 North. Aecom will design and deliver three elevated express lanes along I-35 in each direction, consisting of two elevated general purpose lanes and one HOV lane.
HRMY

Hot Stocks

06:52 EDT Scorpion Capital takes next step in Harmony Biosciences patent challenge - Scorpion Capital said via Twitter: "We just took the next step in our $HRMY Harmony Biosciences patent challenge by filing a Petition for Supervisory Review with the director of the Patent Trial and Appeals Board to reverse the Aug 24 Office Action and institute patent re-examination. Note that the Aug 24 action acknowledged that our petition posed a Substantial Question of Patentability, concluding only (erroneously, in our view) that the question had already been considered by the original patent examiner during prosecution." Reference Link
RIG

Hot Stocks

06:49 EDT Transocean granted $486M contract for Deepwater Aquila drillship in Brazil - Transocean announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in Q3 2024 and represents approximately $486M in firm backlog, excluding a mobilization fee of approximately 90 times the contract dayrate. Transocean has also agreed to acquire the outstanding interests in Liquila Ventures, a company formed to acquire the Deepwater Aquila, from its joint venture partners, Perestroika and Lime Rock Partners. Following this acquisition, Transocean will own and operate eight of the twelve ultra-deepwater, 1,400 short-ton hookload drillships in the world. The Deepwater Aquila is expected to be delivered from the shipyard in October 2023. Transocean is exploring various debt financing alternatives to partially fund the costs associated with acquiring the rig from the shipyard and preparing it for its contract in Brazil.
SPCE

Hot Stocks

06:48 EDT Virgin Galactic says 'Galactic 04' flight window will open October 5 - Virgin Galactic Holdings announced the 'Galactic 04' flight window will open October 5. This would be the company's fifth spaceflight this year and ninth spaceflight to date, further demonstrating Virgin Galactic's ability to deliver safe, repeatable spaceflight and a transformative customer experience.
SPIR

Hot Stocks

06:47 EDT Spire Global selected by Estuaire to monitor and reduce aviation missions - Spire Global was selected by Estuaire, a data firm empowering the aviation industry to reduce its environmental impact, to supply global aviation insights. Spire will provide its aircraft positional data, as well as its Flight Report, which aggregates hundreds of millions of daily satellite and terrestrial ADS-B positions into a one-row-per-flight information enriched with flight and aircraft data, for post-flight analytics and reporting needs. Estuaire monitors and analyzes aviation emissions including CO2, non-CO2 and aircraft lifecycle effects. The Estuaire suite of web applications supports airlines, lessors and aviation lenders in measuring and reducing their environmental impact.
PSN

Hot Stocks

06:31 EDT Parsons awarded $150M contract from Southern Nevada Water Authority - Parsons announced that the company was selected by Southern Nevada Water Authority to provide program and construction management services for the 2020 Major Construction and Capital Plan. This seven-year, $150M contract includes program support for major capital projects and Project Labor Agreement services within the 2020 MCCP as directed by the Authority. Parsons will provide program and construction management for the Garnet Valley Water and Wastewater projects, Stage II Reliability projects, Ozone Equipment Upgrades, Microbiology Lab Expansion, Lower Las Vegas Wash Stabilization, Horizon Lateral Program, Flocculation Area Rehabilitation and the River Mountains Engineering and Operations building.
BNOX MRK

Hot Stocks

06:07 EDT Bionomics provides update on Merck collaboration - Bionomics (BNOX) announced an update on the company's alpha7 Nicotinic Acetylcholine Receptor Positive Allosteric Modulator collaboration with Merck (MRK). Data for MK-4334, a novel clinical candidate developed by MSD and derived from Bionomics' original alpha7 nAChR PAM candidate, was recently presented at the Society for Chemical Industry and Royal Society of Chemistry 22nd Medicinal Chemistry Symposium, held in Cambridge, UK, September 10-13. Bionomics has a long-standing collaboration with MSD to identify novel alpha7 nAChR PAMs suitable for the treatment of cognitive disorders that address the limitations seen with nAChR agonists. MSD has subsequently developed MK-4334, a novel clinical candidate, which in early preclinical studies has shown improved drug like and pharmacological properties relative to BNC375. Under the 2014 exclusive Research Collaboration and License Agreement, MSD funds all research and clinical development, and worldwide commercialization of any resulting products. This collaboration generated payments of $20M upfront and $10M for a Phase 1 milestone. Bionomics is eligible to receive up to $465M in additional milestone payments for certain development and commercial milestones plus royalties on net sales of licensed drugs.
FWBI SNY

Hot Stocks

06:03 EDT First Wave BioPharma licenses Sanofi's Capeserod for gastrointestinal disorders - First Wave BioPharma (FWBI) announced an agreement with Sanofi (SNY) to license Capeserod, a selective 5-HT4 receptor partial agonist, which First Wave will repurpose and develop for gastrointestinal indications. First Wave will receive from Sanofi an exclusive, global license for Capeserod and will assume responsibility for all future clinical development. The licensing agreement, which includes a modest upfront payment, backend milestone payments and single digit royalties on net sales, provides a right of first refusal for Sanofi to reacquire Capeserod following certain stages of clinical development and to commercialize the product. Sanofi's research on Capeserod and the subsequent AI-empowered analyses suggest that the drug's mechanism of action has potential applications for several gastrointestinal disorders in multibillion-dollar markets. First Wave will immediately request a meeting with the FDA to establish a development and regulatory pathway for Capeserod in GI diseases with the intent to initiate clinical trials in 2024.
NEWR

Hot Stocks

06:02 EDT New Relic announces completion of "go-shop" period - New Relic announced the completion of the 45-day "go-shop" period pursuant to the terms of the previously announced 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, representing an equity valuation of approximately $6.5B. The "go-shop" period concluded at 11:59 p.m. Pacific time on September 13, 2023. During the "go-shop" period, at the discretion of the company's Board of Directors, New Relic and representatives of Qatalyst Partners, financial advisor to the company, actively solicited alternative acquisition proposals from 53 potentially interested strategic and financial parties. None of the 53 parties contacted by New Relic submitted a competing acquisition proposal during the "go-shop" period. The Transaction is expected to close in late 2023 or early 2024, subject to the satisfaction of customary closing conditions and certain regulatory items, including the approval of New Relic's shareholders and customary merger control clearances. The waiting period for the Transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired at 11:59 p.m. Eastern time on September 11, 2023. The Transaction is not subject to a financing condition. Upon completion of the Transaction, New Relic common stock will no longer be listed on any public market.
YUMC

Hot Stocks

05:25 EDT Yum China introduces three-year targets at investor day - Yum China hosted its 2023 Investor Day in Xi'an, China. Yum China is striving to reach 20,000 stores by 2026 and to achieve high-single-to-double-digit CAGR for system sales and operating profit as well as double-digit EPS CAGR from 2024 to 2026, compared to base year 2023 and in constant currency. The company targets to return approximately $3B to shareholders through quarterly dividends and share repurchases over the same three-year period, doubling the shareholder return of the past three years. Joey Wat, CEO of Yum China, commented, "We are excited about the significant opportunities China presents. In 2021, we implemented our "RGM" strategy, which stands for "Resilience, Growth and Moat." Thanks to the tireless efforts of our team and their exceptional execution, we expanded our footprint, achieved robust performance and remained profitable throughout the past three years. Further, we have transformed our business, emerging even stronger and better positioned for growth. Moreover, we have strengthened emotional connections with customers. Going forward, we are transitioning our RGM strategy to place greater emphasis on growth. By leveraging flexible store formats and strategically partnering with franchisees, we are expanding into more locations. Through our delicious and innovative food offerings, combined with amazing value for money, we are winning over more customers and giving them compelling reasons to choose us. As we continue to expand, we believe our improved cost structure and proactive cost management will enable us to sustain and potentially improve our profitability over time. Our ambitious financial growth targets for 2024 to 2026 reflect our unwavering commitment to delivering value to our shareholders, affirming our confidence in our prospects, expanding our reach, and driving robust growth."
AZN

Hot Stocks

05:22 EDT AstraZeneca enters 15-year partnership with Future Biogas - AstraZeneca has agreed a 15-year partnership with Future Biogas to establish the UK's first unsubsidized industrial-scale supply of biomethane gas, and is investing in major energy efficiencies in its operations, totaling a commitment of GBP 100M. Energy from the biomethane facility will supply AstraZeneca's sites in Macclesfield, Cambridge, Luton and Speke with 100 gigawatt hours, or GWh, per year, equivalent to the heat demands of over 8,000 homes. Once operational in early 2025, the partnership will reduce emissions by an estimated 20,000 tons CO2 equivalent, adding renewable energy capacity to the national gas grid. The anaerobic digestion facility and long-term partnership with Future Biogas provide a blueprint for the commercial adoption of renewable gas in the UK. A competitive biomethane market can play a key role in the transition to net zero.
ALPMY

Hot Stocks

05:18 EDT Astellas Pharma to invest EUR 330M in new facility in Ireland - Astellas Pharma announced its intention to submit a planning application to build a new facility, at an approximate cost of EUR 330M in Tralee, Co. Kerry. This investment by Astellas in Ireland will expand its capacity and capabilities for aseptic drug products, reinforce stable production for global supply and accelerate the development and commercialization of innovative antibody drugs and other new products.
VLVLY

Hot Stocks

05:15 EDT Volvo to purchase near zero emission steel from H2 Green - Volvo's collaboration with H2 Green Steel for near zero emission steel is another step forward on the continued journey towards a net zero GHG emission value chain by 2040. Under the long-term agreement Volvo Group will purchase near zero emission steel from H2 Green Steel's new plant in Boden in Northern Sweden. Start of production is planned for end of 2025 with deliveries to Volvo Group starting mid-2026.