Stockwinners Market Radar for October 03, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SLGC

Hot Stocks

20:12 EDT Cathie Wood's ARK Investment bought 148K shares of SomaLogic today
NKE

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18:54 EDT Nike director Swan buys 13,072 class B common shares - In a regulatory filing, Nike director Robert Holmes Swan disclosed the purchase of 13,072 class B common shares of the company on October 2 at a price of 13,072 per share.
PAYX

Hot Stocks

18:35 EDT Paychex CEO: The labor market is still tight - In an interview on CNBC's Mad Money, John Gibson said small to medium sized businesses continue to be resilient. Wage growth and inflation continues to cool with stable job growth, he added. There is a labor supply problem in finding high quality employees, he noted.
M

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18:24 EDT Macy's CEO: We have a very healthy credit portfolio - In an interview on CNBC's Mad Money, Jeff Gennette said, "In all of retail, you have a customer that is under duress." He expects tourism to be a tailwind in the coming years. He feels "very good" about the company's Christmas strategies. Incoming CEO Tony Spring said the short term focus is delivering profitable sales growth. Bloomingdales is a growth vehicle, but it doesn't come at the expense of Macy's, he added.
ORC

Hot Stocks

18:14 EDT Orchid Island Capital CEO buys $235.7K in common stock - In a regulatory filing, Orchid Island Capital disclosed that its CEO Robert Cauley bought 30K shares of common stock on October 3rd in a total transaction size of $235.7K. Shares of Orchid Island Capital are up 3.3% afterhours at $7.89.
BVN

Hot Stocks

18:11 EDT Buenaventura announces temporary suspension of mining activities at Tajo Norte - Buenaventura announced that the company has submitted a notice to the Peruvian Ministry of Energy and Mines for the temporary suspension of mining activities at Colquijirca's Tajo Norte mine for up to three years. The partial temporary suspension of exploitation activities is due to a delay of Colquijirca's Modification of Environmental Impact Assessment approval. This delay was caused by various events, including administrative delays related to the Covid-19 pandemic, Peru's related 2020 state of emergency, as well as recent 2022 regulatory changes related to the processing of environmental assessments. Regular mining operations will continue at the Marcapunta underground mine. However, only exploration activities, stockpiled ore rehandling at the concentrator plant, water management, and care and maintenance activities will be carried out at Colquijirca's Tajo Norte mine. It is important to note that Buenaventura is implementing a plan to increase production at its Marcapunta underground mine. This year's 10,000 tpd production rate is therefore expected to ultimately increase to 12,000 tpd in the following 2 to 3 years. The Company will maintain its focus on improving operating efficiency to remain competitive while mining activities at Tajo Norte are suspended.
VRTX

Hot Stocks

18:07 EDT Vertex Pharmaceuticals reports data from Phase 1/2 clinical trial of VX-880 - Vertex Pharmaceuticals presented longer-term data on patients dosed in Parts A and B of its Phase 1/2 clinical trial of VX-880, an investigational stem cell-derived, fully differentiated islet cell therapy in people with type 1 diabetes, or T1D, with impaired hypoglycemic awareness and severe hypoglycemic events, or SHEs. Prior to VX-880 treatment, all six patients enrolled had long-standing T1D with no endogenous insulin secretion, required an average of 34.0 units of insulin per day, and had a history of recurrent severe hypoglycemic events in the year prior to screening. All patients in Part A and B now have more than 90 days of follow-up and have demonstrated islet cell engraftment and endogenous glucose-responsive insulin production on the Day 90 mixed-meal tolerance test, or MMTT. All patients demonstrated improved glycemic control across all measures, including decreases in HbA1c, improved time-in-range on continuous insulin monitoring, and reduction or elimination of exogenous insulin use. The two patients with at least 12 months of follow-up after VX-880 infusion, who were therefore evaluable for the study's primary efficacy endpoint, met the criteria for the primary endpoint of elimination of SHEs between Day 90 and Month 12 with an HbA1c less than7.0%. The first patient achieved insulin independence at Day 270 through Month 24. This is a patient who has had T1D for nearly 42 years and prior to trial enrollment was on 34 units of daily exogenous insulin. The second patient achieved insulin independence at Day 180 through Month 12. VX-880 has been generally well tolerated in all patients dosed to date. The majority of adverse events, or AEs, were mild or moderate, and there were no serious AEs related to VX-880 treatment. As previously reported, one subject had SHEs in the perioperative period. There have been no other SHEs in the study.
STNE

Hot Stocks

18:05 EDT StoneCo announces share repurchase program - StoneCo announced that its Board of Directors, pursuant to written resolutions dated September 21, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$300 in outstanding Class A common shares. The repurchase program goes into effect as of the date of the Board Resolution.
CDNA NTRA

Hot Stocks

18:01 EDT CareDx 'respectfully disagrees' with Supreme Court decision in patent case - CareDx (CDNA) acknowledged the Supreme Court's decision not to review the Federal Circuit's decision on the patent eligibility of three Stanford-licensed patents. CareDx notes the decision does not impact the company's ability to continue providing AlloSure donor-derived cell-free DNA. While CareDx respectfully disagrees with the Supreme Court's decision, the case law applies equally to other transplant diagnostics patents, including Natera's (NTRA), and CareDx has filed a motion to invalidate Natera's patents on these same grounds.
F

Hot Stocks

17:44 EDT Ford says it made 'comprehensive' offer to UAW - Ford said that, on Monday night, it made a comprehensive offer to the UAW in an effort to reach a tentative agreement on a new master labor agreement through April 30, 2028. It is the seventh and strongest offer Ford has made on the key economic issues since Aug. 29. Ford has received two comprehensive counteroffers from the UAW, the last on Sept. 25. "Ford's latest offer provides our 57,000 UAW-represented employees with a record contract and a strong future," the car maker said. "Ford's offer includes unprecedented improvements in wages (putting employees among the top 25% of all U.S. jobs, hourly and salaried) and benefits, product commitments for every UAW factory and job security. At the same time, it preserves Ford's ability to invest and grow.""The union has taken a hard line on battery plants," the company continued. "While Ford remains open to the possibility of working with the UAW on future battery plants in the United States, these are multi-billion-dollar investments and must operate at competitive and sustainable levels. Three of the four battery plants under construction are part of the BlueOval SK joint venture between Ford and SK On. The workforce for these operations has not been hired. The future employees at these operations can choose to be union represented and enter into the collective bargaining process. As Ford has made clear, none of our employees, including powertrain employees, will lose their jobs due to our battery plants during this contract period. In fact, for the foreseeable future, we will have to hire more workers as some workers retire, in order to keep up with demand for our ICE products." Reference Link
GD

Hot Stocks

17:39 EDT General Dynamics awarded $967.19M Navy contract modification - General Dynamics was awarded a $967.19M cost-plus-fixed-fee modification to a previously awarded contract for lead yard support and development studies and design efforts related to Virginia Class submarines. Work is expected to be completed by October 2024. FY23 research, development, test and evaluation funding in the amount of $110M and FY21 shipbuilding and conversion funding in the amount of $1M, will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.
CSV

Hot Stocks

17:32 EDT Carriage Services confirms continuation of review of strategic alternatives - Carriage Services "confirmed that, as noted in its press release issued on June 29th, Carriage's Board of Directors continues its process to review strategic alternatives to maximize shareholder value. The Company does not intend to comment further unless and until there is an actionable matter that requires announcement."
TDY

Hot Stocks

17:14 EDT Teledyne to acquire Xena Networks, terms not disclosed - Teledyne Technologies announced that it has entered into an agreement to acquire Xena Networks ApS. Xena Networks, headquartered outside of Copenhagen, Denmark, is a provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions.
BROG

Hot Stocks

17:11 EDT Brooge Energy jumps 28% to $7.05 after acquisition proposal by Gulf Navigation
MEGL

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17:01 EDT Magic Empire Global declares special interim dividend of 1c per share - Magic Empire Global has declared a special interim dividend of 1c per ordinary share. The payout is the company's way of rewarding its shareholders for their support over the years. The dividend will be paid out on November 22 to the shareholders whose names are on the record at the close of business on October 16. The ex-dividend date is October 13.
TAK

Hot Stocks

16:52 EDT Takeda's dengue vaccine recommended by WHO advisory group - Takeda announced that the World Health Organization's Strategic Advisory Group of Experts on Immunization shared recommendations for use of QDENGA. In the coming months, the WHO will consider the SAGE recommendation and update its position paper on dengue vaccines to include final guidance on the use of QDENGA in public vaccination programs. SAGE made the following recommendations: The vaccine to be considered for introduction in settings with high dengue disease burden and high transmission intensity to maximize the public health impact and minimize any potential risk in seronegative persons. The vaccine to be introduced to children aged 6 to 16 years of age. Within this age range, the vaccine should be introduced about 1-2 years prior to the age-specific peak incidence of dengue-related hospitalizations. The vaccine should be administered in a 2-dose schedule with a 3-month interval between doses. The vaccine introduction should be accompanied by a well-designed communication strategy and community engagement.
NTRA CDNA

Hot Stocks

16:45 EDT Natera says Supreme Court denies CareDx request for appeal in patent case - Natera (NTRA) announced that the United States Supreme Court denied CareDx's (CDNA) petition for certiorari concerning a patent infringement lawsuit brought by CareDx against Natera. This decision confirms the invalidity of the patents asserted against Natera and follows three previous rulings on the matter: a September 2021 decision by the United States District Court for the District of Delaware, affirming that all three CareDx patents asserted against Natera were invalid for claiming patent-ineligible subject matter; a June 2022 decision by the United States Court of Appeals for the Federal Circuit, affirming the Delaware Court's decision; a December 2022 denial of rehearing by the United States Court of Appeals for the Federal Circuit. This final decision by the Supreme Court rejects the request by CareDx to litigate this matter once again and effectively terminates any existing claims brought by CareDx against Natera concerning these patents.
KZR

Hot Stocks

16:40 EDT Kezar Life Sciences trading resumes
ABNB

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16:33 EDT Airbnb director sells $23.0M in common stock - In a regulatory filing, Airbnb disclosed that its director Joseph Gebbia sold 166.7K shares of common stock on September 29th in a total transaction size of $23.0M.
FORA

Hot Stocks

16:31 EDT Forian repurchases 1,604,676 shares for $2.15 per share in $3.45M transaction - Forian announced that it has repurchased an aggregate of 1,604,676 shares of Forian common stock in a privately negotiated transaction at redemption price of $2.15 per share for an aggregate purchase price of approximately $3.45M. The redeemed shares were cancelled and retired and returned to authorized and unissued shares. About Forian
ATHX

Hot Stocks

16:31 EDT Athersys signs licensing agreement with Ardent Animal Health - The company states: "Athersys, announces the signing of a licensing agreement with Ardent Animal Health. Ardent is a privately held veterinary biotechnology company developing regenerative medicine and cancer therapies for animals. Under the terms of the agreement, Athersys will receive an initial fee from Ardent in exchange for an exclusive license to Athersys' Multipotent Adult Progenitor Cell technology for non-human mammal applications in the United States. The agreement includes pre- and post-regulatory approval milestone payments to Athersys, including payments on conditional and full product approval for each species/indication combination. Athersys will also receive tiered, double-digit royalties on commercial sales. Athersys has also granted Ardent rights of first refusal to be the exclusive distributor for Athersys' novel cryogenic storage system, the Secure Integrated Freezer Unit in the United States animal health space."
ATHX

Hot Stocks

16:31 EDT Athersys licenses animal health assets to Ardent Animal Health - Athersys announced the signing of a licensing agreement with Ardent Animal Health, a privately held veterinary biotechnology company developing regenerative medicine and cancer therapies for animals. Under the terms of the agreement, Athersys will receive an initial fee from Ardent in exchange for an exclusive license to Athersys' Multipotent Adult Progenitor Cell technology for non-human mammal applications in the United States. The agreement includes pre- and post-regulatory approval milestone payments to Athersys, including payments on conditional and full product approval for each species/indication combination. Athersys will also receive tiered, double-digit royalties on commercial sales. Athersys has also granted Ardent rights of first refusal to be the exclusive distributor for Athersys' novel cryogenic storage system, the Secure Integrated Freezer Unit in the United States animal health space.
SPOT

Hot Stocks

16:30 EDT Spotify to offer over 150,000 audiobooks as part of Spotify Premium subscription - Spotify announced: "Today we're starting an entirely new chapter for our audiobooks offering by making more than 150,000 audiobooks available as part of Spotify Premium subscriptions. To start, we're offering each Premium individual, as well as plan managers for Family and Duo accounts, 15 hours of listening per month-giving them the ability to enjoy as many titles as they want within that monthly allocation. What's more, this means eligible users are now getting even more from their Premium subscriptions: an on-demand catalog of more than 100 million tracks, 5 million podcasts, and over 150,000 audiobooks. This feature will be available for Premium users in the U.K. and Australia starting tomorrow, with the U.S. following later this year." Reference Link
BROG

Hot Stocks

16:27 EDT Brooge Energy announce receipt of acquisition proposal by Gulf Navigation - Brooge Energy announced receiving a formal proposal submitted by Gulf Navigation, the Dubai Financial Market listed maritime and shipping company, to acquire fully all of the businesses and assets from Brooge Energy. The proposed acquisition is still in an early stage, as Gulf Navigation is in the process of conducting further due diligence on the company and its legal and financial advisors continue to evaluate the proposed transaction. In addition, BEL has not responded to Gulf Navigation proposal and there is no guarantee it will accept the proposal. The proposed transaction, if it moves forward, would be subject to customary closing conditions for transactions of this nature, including obtaining the necessary regulatory approvals. Gulf Navigation is optimistic that the proposed transaction, if agreed by both parties, would target closing in the fourth quarter.
PHXM

Hot Stocks

16:24 EDT Phaxiam Therapeutics, Vetophage enter research partnership - Phaxiam Therapeutics and Vetophage announced the signature of a long-term strategic research partnership to combine their expertise in the research of new phages and phage-derived proteins in the fight against antimicrobial resistance. Vetophage is a Lyon-based biotechnology company founded in 2017. It develops new tools to detect pathogenic bacteria and alternative solutions to antibiotics based on phages and endolysins to tackle antimicrobial resistance in animals. Vetophage benefits from a wide range of capabilities for the discovery, identification and characterization of phages and endolysins. The company enables Phaxiam Therapeutics to screen its broad phage and endolysin bank targeting highly antimicrobial-resistant infections. This agreement gives Phaxiam Therapeutics exclusive licensing options on specified phages and endolysins in human health from the Vetophage platform, to further strengthen its product portfolio.
LIFW

Hot Stocks

16:24 EDT MSP Recovery announces 1-for-25 reverse stock split - MSP Recovery announced that it will effect a reverse stock split of its Class A common stock at a reverse stock split ratio of 1-for-25, effective at the close of trading on October 12 in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5450...LifeWallet's Common Stock will continue to trade on the Nasdaq Global Market under the symbol "LIFW" and will begin trading on a split-adjusted basis when the Nasdaq opens on October 13.
KZR

Hot Stocks

16:20 EDT Kezar Life Sciences to resume trading at 4:40 pm ET - Kezar Life Sciences is scheduled to resume trading at 4:40 pm ET, with quotation set to resume at 4:35 pm ET, according to Nasdaq. Shares were halted, pending news, ahead of the company announcing a strategic restructuring, 41% workforce reduction, and CEO change.
GHM

Hot Stocks

16:17 EDT Graham ships final first article units for Columbia submarines, Ford carrier - Graham "announced that it shipped the last of the first article units related to the Columbia Class submarine and Ford Class carrier programs. While the Company expects to continue to have first article programs in its backlog as it wins new programs and applications, the amount as a percentage of total backlog should be reduced moving forward. During fiscal 2022, the Company chose to make significant investments to ensure it could deliver these and previous units on schedule and were the main source of the losses incurred that year. "
MIND

Hot Stocks

16:17 EDT Mind Technology Seamap unit received positioning systems orders for $3.4M - MIND Technology announced that its Seamap unit has received orders totaling approximately $3.4M for BuoyLink GNSS positioning systems. The majority of these orders are expected to be delivered in the next fiscal year.
SIGI

Hot Stocks

16:16 EDT Selective Insurance CFO Mark Wilcox resigns, Anthony Harnett named interim CFO - Selective Insurance Group announced that Mark Wilcox, Executive Vice President, CFO, has resigned from Selective, effective November 3, 2023, to become CFO at another financial services company. Wilcox will continue in his current position until after Selective reports third quarter 2023 earnings. Anthony Harnett, Senior Vice President, Chief Accounting Officer, will then assume the additional role of Interim CFO until a permanent successor is appointed. Selective has initiated a global search process to identify a new CFO.
LRMR HZNP

Hot Stocks

16:16 EDT Larimar Therapeutics appoints Horizon Therapeutics CMO Jeffrey Sherman to board - Larimar Therapeutics (LRMR) announced the appointment of Jeffrey Sherman to the company's board of directors, effective immediately. Sherman, currently executive VP, chief medical officer, or CMO, at Horizon Therapeutics (HZNP), has over 20 years of executive experience in regulatory and clinical strategy.
PODD MMM

Hot Stocks

16:16 EDT Insulet CFO McMillan to step down - Insulet (PODD) announced that Wayde McMillan has decided to step down from his role as Executive Vice President, Chief Financial Officer and Treasurer, effective October 20, 2023. McMillan will join 3M (MMM) as Chief Financial Officer of its Health Care business, which 3M has announced it plans to spin off into an independent company. Lauren Budden, Group Vice President, Chief Accounting Officer and Controller, will assume the additional responsibilities of Interim CFO and Treasurer until a permanent successor is appointed. Ms. Budden joined Insulet in April 2019 and is a seasoned executive with more than 25 years of finance and accounting experience. Insulet has initiated a search process to identify the Company's next CFO. "Wayde has been a trusted partner to me and an excellent leader of our global finance team, helping to advance our mission of improving the lives of people with diabetes," said Jim Hollingshead, President and Chief Executive Officer. "Wayde has helped make our Company stronger and more resilient, ensuring we have the capabilities and financial strength to capitalize on the tremendous long-term growth opportunities Insulet is pursuing. On behalf of the Board and our entire team, I thank Wayde for his many contributions and wish him well in his future endeavors." The Company is also reaffirming its previously announced Total Omnipod and Total Company revenue guidance for the third quarter and full year 2023, and gross margin and operating margin guidance for full year 2023, as outlined in Insulet's second quarter 2023 earnings announcement on August 8, 2023.
GLBS

Hot Stocks

16:13 EDT Globus Maritime regains compliance with Nasdaq - Globus Maritime announced that it has received a letter from Nasdaq, indicating that the company has regained compliance with the $1.00 per share minimum closing bid price requirement for continued listing on Nasdaq, pursuant to the Nasdaq marketplace rules. For at least 10 consecutive business days from September 18 to September 29, the closing bid price has been greater than $1.00. Nasdaq indicated within its letter that since the company has regained compliance with Listing Rule 5550, this matter is now closed.
CALM

Hot Stocks

16:12 EDT Cal-Maine Foods falls 11% to $42.50 after Q1 earnings miss
KZR

Hot Stocks

16:12 EDT Kezar Life Sciences CEO John Fowler to step down - The company states: "John Fowler will be resigning from his role as Chief Executive Officer effective November 7, 2023, and Christopher Kirk, Ph.D. has been appointed as Chief Executive Officer. Dr. Kirk is a co-founder and member of the Board of Directors and previously served as Kezar's President and Chief Scientific Officer from March 2015 to April 2023. Mr. Fowler will continue as a member of Kezar's Board of Directors. In addition, Noreen Roth Henig, M.D., will be stepping down as Chief Medical Officer effective October 6, 2023. Zung To, SVP, Clinical Development Operations, will assume responsibilities for clinical trial execution and will oversee development operations."
LAC...

Hot Stocks

16:11 EDT Lithium Americas completes reorganization, enters subscription agreement with GM - Lithium Americas (LAC), now Lithium Argentina (LAAC) and a new Lithium Americas Corp. jointly announced the completion of the reorganization of Lithium Americas into two independent publicly traded companies, implemented by way of statutory plan of arrangement. As of close of trading on Tuesday, October 3, common shares of Lithium Americas have concluded regular-way trading on the Toronto Stock Exchange and New York Stock Exchange under the symbol (LAC), and Lithium Argentina common shares and Lithium Americas common shares have concluded trading on a "when-issued" basis on the NYSE. At the start of trading on Wednesday, October 4, Lithium Argentina Shares and Lithium Americas shares will commence trading on the TSX and NYSE on a regular-way basis under the ticker symbols (LAAC) and (LAC), respectively. Upon completion of the separation, General Motors (GM) executed a second tranche subscription agreement (pursuant to which GM will, subject to the fulfillment of certain conditions precedent, purchase $329.85M in Lithium Americas shares. GM also executed an investor rights agreement with Lithium Americas and GM's offtake agreement with the company was assigned to Lithium Americas. The second tranche alternative exercise warrants previously issued to GM by the company and the second tranche subscription agreement between GM and the company are no longer effective in accordance with the terms of those agreements. GM is the largest shareholder of both Lithium Americas and Lithium Argentina with approximately 9.4% of the shares of each company.
KZR

Hot Stocks

16:11 EDT Kezar Life Sciences announces strategic restructuring, 41% workforce reduction - The company states: "Kezar Life Sciences announced it has initiated a strategic restructuring program to prioritize long-term growth and focus its resources on its clinical-stage programs. The strategic realignment is expected to extend operating capital to fund PALIZADE, Kezar's Phase 2b clinical trial in lupus nephritis. Actions to prioritize clinical programs and implement cost saving measures are expected to extend Kezar's cash runway into late 2026. These measures will focus resources to achieve important clinical data readouts for zetomipzomib in lupus nephritis and autoimmune hepatitis and KZR-261 in solid tumors. All research and drug discovery activities have been paused, and Kezar will explore strategic partnering alternatives for its protein secretion platform and preclinical programs. Kezar anticipates initial data from its KZR-261 Phase 1 clinical trial in 2024, topline data from its PORTOLA Phase 2a clinical trial in autoimmune hepatitis (AIH) in mid-2025 and topline data from PALIZADE in mid-2026. Kezar will reduce its workforce by approximately 41% to optimize capital allocation and align with strategic priorities. Kezar is also evaluating its Phase 1 clinical trial of KZR-261 in solid tumors and expects to reduce the number of planned expansion cohorts to conserve cash resources while it continues to evaluate safety and biologic activity in the ongoing trial."
TRN

Hot Stocks

16:10 EDT Trinity Industries announces impact of border issues on quarterly deliveries - Trinity Industries announced that the company delivered 4,325 new railcars in the third quarter. Deliveries were 685 units below the company's third quarter projection due to the closing of the U.S.-Mexico border by the U.S. Customs and Border Protection Agency. In addition, increased state vehicle inspections have resulted in truck traffic congestion, negatively impacting the company's supply chain. Continued rail and truck congestion at the border will negatively impact the company's deliveries and supply chain until the congestion is resolved. Trinity is actively monitoring rail and truck traffic as both continue to be impacted. On September 20, 2023, the CBP suspended U.S. bound cross-border rail traffic in Eagle Pass, Texas, the primary border crossing Trinity uses for railcar deliveries from its manufacturing facilities in Sabinas and Monclova, Mexico. According to the CBP, this action was taken to assist U.S. Border Patrol due to the recent influx of migrants at the border. While rail traffic operations resumed on September 23, there are still substantial congestion and rail traffic challenges. Trinity remains in close contact with all stakeholders, including the relevant government agencies, and continues to evaluate available alternatives for rail and truck transportation between Mexico and the United States. Trinity will provide an update on the situation and its financial impact on the company's third quarter earnings call, scheduled for November 2, 2023.
IGMS

Hot Stocks

16:10 EDT IGM Biosciences Michael Loberg, retires from board, Elizabeth Thompson appointed - IGM Biosciences announced that Michael Loberg, Ph.D. has retired from its Board of Directors, including as Chairman, effective October 3 . Loberg has served as a member of the IGM Biosciences Board of Directors since 2015 and as Chairman of the Board since 2018. IGM Biosciences is also pleased to announce the appointment of Elizabeth H.Z. Thompson, Ph.D. to its Board of Directors. Dr. Thompson is an accomplished drug development professional who has been involved in the development of important marketed medicines, most recently as the Executive Vice President of Research and Development at Horizon Therapeutics.
CALM

Hot Stocks

16:10 EDT Cal-Maine Foods says business in Q1 impacted by HPAI outbreak - The company states: "The most recent outbreak of HPAI affected the Company's business and financial results primarily during the fourth quarter of fiscal 2022 and continuing into the first part of the fourth quarter of fiscal 2023. While the last occurrence in a commercial egg laying flock was in December 2022, there have been occurrences in other avian populations in the U.S. since then. HPAI is still present in the wild bird population and the extent of possible future outbreaks, particularly during the upcoming fall migration season, cannot be predicted. There have been no positive tests for HPAI at any of Cal-Maine Foods' owned or contracted production facilities as of October 2, 2023. Based on USDA data, the Company believes that the U.S. layer hen flock, which declined as a result of flock depletions due to HPAI, has largely recovered but remains slightly lower than the five-year average. Layer hen numbers reported by the USDA as of September 1, 2023, were 318.2 million, which represents an increase of 3.1% compared with the layer hen inventory a year ago. The USDA also reported that the hatch from April 2023 through August 2023 increased 2.0% as compared with the prior-year period, indicating that layer flocks may continue to increase in the future."
MKUL

Hot Stocks

16:10 EDT MKUL Stock trading resumes
HEOFF

Hot Stocks

16:09 EDT H2O Innovation to be acquired by Ember Alongside IQ, CDPQ, executives - H2O Innovations announced that it has entered into a definitive arrangement agreement with Ember SPV I Purchaser Inc., an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, whereby the Purchaser will acquire all of the issued and outstanding common shares in the capital of H2O Innovation, other than the Shares to be rolled over by Investissement Quebec, Caisse de depot et placement du Quebec and the key executives of the Corporation, for C$4.25 in cash per Share. The Transaction values H2O Innovation at $395 million, on a fully diluted equity basis. Ember is funding its portion of the purchase price with capital it manages on behalf of its limited partners via private equity fund capital as well as select co-investors, including funds affiliated with the Ontario Power Generation Inc. Pension Fund. Under the terms of the Arrangement Agreement, the Corporation may solicit a superior offer for a defined "go-shop" period during which Scotia Capital Inc., the Corporation's financial advisor, will approach potential interested parties with a view to soliciting a higher offer, which the Purchaser is entitled to match. As part of the Transaction, IQ, the largest shareholder of the Corporation, has agreed to roll over all of its Shares and increase its existing equity ownership in the Corporation by acquiring approximately $20 million of additional Shares from the Purchaser for an amount per Share equal to the Consideration. Furthermore, CDPQ has agreed to roll over the majority of its Shares and the key executives of H2O Innovation have agreed to roll over a portion of their Shares for an amount per Share equal to the Consideration. Upon completion of the Transaction, Ember will be the controlling shareholder of H2O Innovation, with IQ, CDPQ and the key executives of H2O Innovation, together, holding an equity interest in the Corporation of approximately 21%.
CALM

Hot Stocks

16:09 EDT Cal-Maine Foods CEO says facing ongoing challenges with HPAI threat, inflation - "We look forward to the opportunities ahead for Cal-Maine Foods in fiscal 2024. While we face ongoing challenges related to the threat of HPAI and inflationary headwinds, we will continue to manage the aspects of our business we can control. We are uniquely positioned to support the nation's food supply with nutritious and affordable protein, and we believe demand for our products will continue to grow. We are confident we have the right strategy in place to meet this demand, with a proven operating model that will drive long-term growth. Across our operations, we have a shared commitment to our mission to be the most reliable and sustainable producer of fresh shell eggs and egg products. Importantly, we have a dedicated workforce, and sufficient capital to fund internal expansion projects and consider additional potential acquisitions to support our strategy. Above all, we will strive to meet the demands of our valued customers and deliver greater value to our shareholders."
RGNX

Hot Stocks

16:07 EDT Regenxbio presents interim data from Phase I/II AFFINITY DUCHENNE trial - Regenxbio announced additional interim safety data and initial efficacy data from the Phase I/II AFFINITY DUCHENNE trial of RGX-202 for the treatment of Duchenne Muscular Dystrophy. Results were shared at the 28th Annual International Congress of the World Muscle Society. As of September 28, 2023, RGX-202 was reported to be well tolerated with no drug-related serious adverse events in three patients, aged 4.4, 10.6 and 6.3 years, dosed to date at dose level 1. Time of post-administration follow up ranges from three weeks to more than five months. The two patients who reached three-month follow-up have completed the immunosuppression regimen per study protocol. Initial biomarker data from two patients who completed three-month trial assessments indicate encouraging increases in expression of RGX-202 microdystrophin from bicep muscle biopsies taken at three months following one-time administration of RGX-202. In addition, RGX-202 microdystrophin was detectable by immunofluorescence staining throughout muscle tissue at three months, with RGX-202 microdystrophin protein localized to the sarcolemma. RGX-202 microdystrophin levels were measured using an automated and precise western blot method, and comparable results were confirmed with a proprietary liquid chromatography-mass spectrometry method. In the patient aged 4.4 years old, RGX-202 microdystrophin expression was measured to be 38.8% compared to control. A reduction from baseline in serum creatinine kinase levels of 43% was observed at ten weeks, supporting evidence of clinical improvement. Elevated CK levels are associated with muscle injury and are uniformly elevated in patients with Duchenne. In the patient aged 10.6 years old, RGX-202 microdystrophin expression was measured to be 11.1% compared to control and a reduction from baseline in serum CK levels of 44% was observed at ten weeks.
ARAY

Hot Stocks

16:07 EDT Accuray announces approval for Tomo C radiation therapy system in China - Accuray announced that the registration dossier for the CNNC-Accuray joint venture Tomo C radiation therapy system for the Type B market has been approved by the Chinese National Medical Products Administration, or NMPA. The new, made in China system, is the first joint venture product and represents an important achievement on behalf of cancer patients, many of whom will need treatment with radiotherapy at least once to cure their cancer, increase the chance of cure or relieve symptoms caused by cancer. The Tomo C platform features helical imaging and radiation delivery. With fully-integrated treatment planning, centralized data management and ultra-precise treatment delivery using patented beam-shaping technology, the system enables greater control of the radiation dose so it conforms precisely to the tumor and helps minimize dose to healthy tissue.
NXU

Hot Stocks

16:06 EDT Nxu delivered 1.6 MWh + to EV customers in 1st weekend of charging field trials - Nxu Inc delivered more than 1.6 MWh to EV customers in the first weekend of public charging field trials. "On a mission to meet the demand for more powerful, reliable, convenient charging experiences, Nxu has launched introductory 20 cents per kWh charging pricing. .."Our powerful, standard-agnostic charging technology is designed to meet the diverse needs of EV drivers. I'm happy to say that in the first few days of public charging, the Nxu One exceeded expectations," said Nxu Founder, Chairman and CEO Mark Hanchett. "We delivered more than 1.6MWh of power and saw a utilization rate over 20 percent. We're offering EV drivers a differentiated experience while they wait and plan to iterate on ways to make it even better in the future."
INTC

Hot Stocks

16:06 EDT Intel to separate PSG operations into standalone business - Intel Corporation announced its intent to separate its Programmable Solutions Group operations into a standalone business. This will give PSG the autonomy and flexibility it needs to fully accelerate its growth and more effectively compete in the FPGA industry, which serves a broad array of markets, including the data center, communications, industrial, automotive, aerospace and defense sectors. Intel also announced that Sandra Rivera, executive vice president at Intel, will assume leadership of PSG as chief executive officer; Shannon Poulin has been named chief operating officer. Standalone operations for PSG are expected to begin Jan. 1, 2024, with ongoing support from Intel. Intel expects to report PSG as a separate business unit when it releases first-quarter 2024 financials. Over the next two to three years, Intel intends to conduct an IPO for PSG and may explore opportunities with private investors to accelerate the business's growth, with Intel retaining a majority stake. The two companies will remain strategically aligned, including continuing PSG's relationship with Intel Foundry Services, as they work together to address key areas of the FPGA market. Building on PSG's highly successful Supply Resilience program pilot, the relationship with IFS will also uniquely enable PSG to give customers greater predictability of supply aligned to their needs, ensuring a more resilient supply chain. "Our intention to establish PSG as a standalone business and pursue an IPO is another example of how we are consistently unlocking more value for our stakeholders. This will give PSG the independence it needs to keep growing share in the FPGA market, differentiating itself with capacity and supply resilience from IFS, and allowing Intel product teams to focus on our core business and long-term strategy," said Intel CEO Pat Gelsinger. "Sandra has proven herself by reinvigorating DCAI, placing it on a path for success. I am confident she will bring PSG that same dedication, energy and customer commitment."
SONO

Hot Stocks

16:06 EDT Sonos names Deirdre Findlay as Chief Commercial Officer - Sonos introduced new members of its executive management team. Deirdre Findlay joins as its new Chief Commercial Officer with responsibilities spanning all go-to-market and customer experience functions, while Dunja LaRosa joins as Chief Revenue Officer, responsible for overseeing Sonos' key sales channels, and veteran Sonos executive Maxime Bouvat-Merlin was recently named Chief Product Officer, leading the global product and operations organizations.
UAL BA

Hot Stocks

16:05 EDT United Airlines orders 50 more Boeing 787 Dreamliners - Boeing (BA) and United Airlines (UAL) announced the carrier is expanding its 787 Dreamliner fleet, exercising options to order 50 787-9 airplanes and securing an additional 50 options. The new Dreamliner order provides United additional flexibility as the airline modernizes its global fleet over the next decade. With 150 firm orders, United has the largest Dreamliner orderbook on record and is positioned to become the largest 787 operator in the world.
KZR

Hot Stocks

16:05 EDT Kezar Life Sciences trading halted, news pending
OCUL

Hot Stocks

16:04 EDT Ocular Therapeutix initiates first OTX-TKI trial - Ocular Therapeutix announced the initiation of its first pivotal clinical trial to evaluate OTX-TKI, the company's axitinib intravitreal implant, for the treatment of wet age-related macular degeneration, or wet AMD. OTX-TKI is also being developed for the treatment of diabetic retinopathy and other retinal diseases.
UAL...

Hot Stocks

16:01 EDT United Airlines announced orders for 110 more aircraft for delivery in 2028 - United Airlines (UAL) announced orders for 110 more aircraft for delivery beginning in 2028, building on the early success of United Next and adding additional flexibility for its long-term fleet. United converted previous options and purchase rights into firm orders for 50 Boeing (BA) 787-9s for delivery between 2028 through 2031, as well as 60 Airbus (EADSY) A321neos for delivery between 2028 and 2030. The company also secured new options for up to 50 more Boeing 787s and purchase rights for an additional 40 A321neo aircraft at the end of the decade. United expects to take delivery of about 800 new narrowbody and widebody aircraft between 2023 and the end of 2032.
NVAX

Hot Stocks

15:51 EDT Novavax 2023-2024 COVID vaccine now authorized, recommended for use in U.S. - Novavax announced that the Novavax COVID-19 Vaccine, Adjuvanted has received Emergency Use Authorization from the U.S. Food and Drug Administration for active immunization to prevent COVID-19 in individuals aged 12 and older. Immediately upon authorization, Novavax's vaccine has also been included in the recommendations issued by the U.S. Centers for Disease Control and Prevention on September 12, 2023. Doses will be available nationwide at thousands of locations, including national and local retail pharmacies and physicians' offices, following the Center for Biologics Evaluation and Research release of vaccine batches, expected in the coming days. "COVID-19 is once again on the rise with infections and hospitalizations increasing, so it's important that individuals get vaccinated to protect themselves and their loved ones," said John C. Jacobs, President and Chief Executive Officer, Novavax. "Novavax's authorization today means people will now have the choice of a protein-based non-MRNA option to help protect themselves against COVID-19, which is now the fourth leading cause of death in the U.S. In the coming days, individuals in the U.S. can go to pharmacies, physicians' offices, clinics and various government entities to receive an updated Novavax vaccine."
MKUL

Hot Stocks

15:38 EDT Molekule to resume trading at 4:10 pm ET - Molekule is scheduled to resume trading at 4:10 pm ET, with quotation to resume at 4:05 pm ET, according to Nasdaq.
TAP

Hot Stocks

15:36 EDT Molson Coors sees high-single-digit annual underlying EPS growth over long-term - Molson Coors Beverage introduced a new plan to accelerate its growth, its long-term financial outlook, and new capital deployment plans. The Acceleration Plan, designed to build upon the company's growth in the years ahead, was shared at the company's 2023 Strategy Day, the company announced. The long-term financial outlook includes: Low-single-digit annual net sales revenue growth, on a constant currency basis; Mid-single-digit annual underlying income before income taxes growth, on a constant currency basis; High-single-digit annual underlying earnings per share growth; and net debt to underlying EBITDA of under 2.5x over the long term. "Our long-term growth algorithm anticipates net sales revenue growth, margin expansion, and attractive earnings per share growth, while our expected compelling free cash flow generation supports reinvestment in value creation. With substantially improved financial flexibility, we are pleased to announce a new $2 billion share repurchase program as part of our balanced and cohesive approach of prioritizing capital allocation among investing in our business, reducing net debt, and returning cash to shareholders. As we look to the future, we are confident in our strategy and ability to drive compelling returns for our shareholders," said CFO Tracey Joubert.
TAP

Hot Stocks

15:33 EDT Molson Coors authorizes $2B share repurchase program over five years - Molson Coors Beverage announced that its board of directors authorized a $2B share repurchase program with an expected program term of five years. "The company intends for its repurchases to be a mixture of sustained and opportunistic purchases that the company believes, with its balanced and cohesive approach, will improve shareholder value creation," Molson Coors stated.
HPLT

Hot Stocks

15:31 EDT Home Plate Acquisition cancels special holder meeting, announces liquidation - Home Plate Acquisition Corporation announced that the company has cancelled its special meeting of stockholders that was previously scheduled for 3:00 p.m. Eastern Time on October 3, 2023, and that, because the company will not consummate an initial business combination by October 4, 2023, the time period required by the company's Amended and Restated Certificate of Incorporation to consummate a business combination, promptly as reasonably possible after October 4, 2023, the company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering, at what the company estimates will be a per-share redemption price of approximately $10.52. The company has been informed by Heidmar Inc. that Heidmar intends to terminate the Business Combination Agreement previously entered into between Home Plate and Heidmar promptly on or following October 4, 2023, the time period required by the company's Amended and Restated Certificate of Incorporation to consummate a business combination. As of the close of business on October 4, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount. Record holders as of the close of business on October 3, 2023 will receive their pro rata portion of the proceeds of the trust account less dissolution expenses and net of taxes payable by delivering their Public Shares to Continental Stock Transfer & Trust Company, the company's transfer agent. Beneficial owners of Public Shares held in "street name," however, will not need to take any action in order to receive the redemption amount. The redemption of the Public Shares is expected to be completed within ten business days after October 4, 2023. The Company's sponsor has agreed to waive its redemption rights with respect to its outstanding Class A common stock issued prior to the company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless. The company expects that NASDAQ will file a Form 25 with the United States Securities and Exchange Commission to delist the company's securities. The company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
MKUL

Hot Stocks

15:30 EDT Molekule files voluntary petition in United States Bankruptcy Court in Florida - In a regulatory filing, Molekule Group reports that the company and its wholly-owned subsidiary, Molekule, Inc., filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Florida for relief under the provisions of Chapter 11 of Title 11 of the United States Code. The company's case will be administered under the caption In re Molekule Group, Inc., Case No: 23-18094. The company will continue to operate its business as a debtor in possession, or "DIP," under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. To ensure its ability to continue ordinary course operations during the Chapter 11 Case, the company will file with the Bankruptcy Court motions seeking a variety of customary "first-day" relief including DIP Financing, the filing stated.
TAP

Hot Stocks

15:28 EDT Molson Coors announces new $2B share repurchase program - Program to be executed over next five years. Share buyback program announced during ongoing strategy day meeting.
TAP

Hot Stocks

15:26 EDT Molson Coors sees 'improved optionality in capital allocation' - Comments from ongoing strategy day meeting.
ZM

Hot Stocks

15:17 EDT Zoom says new AI Companion capabilties available at no additional cost - Zoom Video said that all the new AI Companion capabilities announced at its Zoomtopia event are available at no additional cost with the paid services assigned to one's Zoom user account. The company said that AI Companion is a generative AI assistant on the Zoom platform, with new capabilities including meeting summary notes, the ability to generate entire email messages based on a simple prompt, more Zoom Whiteboard features, and smart recordings for meetings. Reference Link
MKUL

Hot Stocks

15:01 EDT Molekule trading halted, news pending
MKUL

Hot Stocks

15:00 EDT MKUL Stock trading halted, news pending
NVAX

Hot Stocks

14:40 EDT FDA amends EUA of Novavax COVID-19 Vaccine to include 2023-2024 formula - On October 3, the Food and Drug Administration amended the emergency use authorization, or EUA, of Novavax COVID-19 Vaccine, Adjuvanted to include the 2023-2024 formula. The Novavax COVID-19 Vaccine, Adjuvanted, a monovalent vaccine, has been updated to include the spike protein from the SARS-CoV-2 Omicron variant lineage XBB.1.5. The Novavax COVID-19 Vaccine, Adjuvanted - Original monovalent - is no longer authorized for use in the United States, the FDA announced. Reference Link
DISH

Hot Stocks

14:35 EDT U.S. FCC issues $150K first ever fine for space debris to Dish Network - The FCC's Enforcement Bureau announced a settlement of its investigation into DISH for failure to properly deorbit its EchoStar-7 satellite. This marks a first in space debris enforcement by the Commission, which has stepped up its satellite policy efforts, including establishing the Space Bureau and implementing its Space Innovation Agenda. The settlement includes an admission of liability from the company and an agreement to adhere to a compliance plan and pay a penalty of $150,000. The FCC's investigation found that the company violated the Communications Act, the FCC rules, and the terms of the company's license by relocating its direct broadcast satellite or DBS, service EchoStar-7 satellite at the satellite's end-of-mission to a disposal orbit well below the elevation required by the terms of its license. At this lower altitude, it could pose orbital debris concerns. "As satellite operations become more prevalent and the space economy accelerates, we must be certain that operators comply with their commitments," said Enforcement Bureau Chief Loyaan A. Egal. "This is a breakthrough settlement, making very clear the FCC has strong enforcement authority and capability to enforce its vitally important space debris rules."
MSFT

Hot Stocks

14:35 EDT Microsoft says DALL-E 3 from OpenAI now available in Bing Chat, Bing.com/create - In a blog post, Microsoft said that DALL-E 3, the latest and most capable text-to-image model from OpenAI, is now generally available to everyone within Bing Chat and Bing.com/create for free. The DALL-E 3 model from OpenAI delivers enhancements that improve the overall quality and detail of images, along with greater accuracy for human hands, faces, and text in images, the company said. "Since launching Bing Image Creator, over 1 billion images have been generated, helping inspire people's creativity," Microsoft added. "We've seen Bing Image Creator make illustrated stories, thumbnails for social media content, PC backgrounds, design inspirations, and so much more. And today, we're excited for you to take your creativity even further." Reference Link
NSANY

Hot Stocks

14:30 EDT Nissan reports Q3 U.S. sales up 40.8% to 216,878 units - Nissan Group announced total U.S. third-quarter July - September sales for 2023 of 216,878 units, an increase of 40.8% versus the prior year. Reference Link
STLA

Hot Stocks

14:12 EDT Stellantis reports FCA Q3 U.S. sales down 1% to 380,563 vehicles - FCA US reports sales of 380,563 vehicles in the third quarter for 2023. Overall, total U.S. sales for the third quarter decreased 1% versus the same period last year. "We've gained traction over the summer and we're starting to see some momentum at the end of this third quarter. Our Jeep 4xe and Pacifica Plug-in Hybrid models continue to perform extremely well, taking the 1-2-3 sales spots among plug-in electric vehicles in the U.S. market, and our progress toward our Dare Forward 2030 plan also remains on track with the introduction of many all-new, all battery-electric vehicles next year, including the all-new Fiat 500e, Dodge Charger, Wagoneer S, Ram 1500 REV and Jeep Recon," said U.S. Head of Sales Jeff Kommor. Reference Link
TAP

Hot Stocks

14:00 EDT Molson Coors sees high-single digit growth in underlying EPS over long-term - Molson Coors shared a long-term annual growth algorithm that includes net sales revenue in constant currency growing by a low-single digit percentage and underlying earnings per share growing by a high-single digit percentage. The long-term growth algorithm is being discussed during the company's ongoing strategy day meeting. Shares remain halted for news pending. Reference Link
BX EBAY

Hot Stocks

13:35 EDT Adevinta says independent committee 'actively engaging in the proposal' - Adevinta ASA refers to the stock exchange announcement on September 21 regarding receipt of a non-binding indicative proposal from a consortium led by Permira and Blackstone (BX), with involvement of the company's two main shareholders, regarding a potential offer for all shares of the company. "In response to shareholder enquiries, the company wants to communicate the procedures it is following in response to the proposal. Immediately upon receipt of the proposal, the company's board of directors established a special committee comprising the five independent directors on the company's board. The special committee is representing the company in all aspects relating to the proposal. The directors who are representatives of the three main shareholders of the company are not involved in the company's deliberations and decisions. The independent committee is actively engaging in the proposal in line with applicable regulations and corporate governance principles. Citigroup Global Markets Europe AG and JPMorgan Securities Plc have been engaged as financial advisers, and BAHR, Cleary Gottlieb and Skadden as legal advisers. The advisers are acting exclusively under the instructions of the special committee. Any further announcement relating to the proposal will be made as and when appropriate in compliance with applicable laws and regulations," the company stated. On September 21, eBay (EBAY) said it is aware of the statement released by Adevinta regarding receipt of a non-binding indicative proposal for all the shares of Adevinta and "expressed support for this proposal, under which eBay would retain part of its current shareholding in the company."
TAP

Hot Stocks

13:24 EDT Molson Coors trading halted, news pending
DE

Hot Stocks

13:18 EDT Deere officer Ryan Campbell sells $2.3M in company shares - Deere & Co officer Ryan Campbell disclosed in a regulatory filing that he had sold 6,073 shares of company stock at $379.19 per share on October 2, for a total transaction amount of $2,302,821.
GDOT

Hot Stocks

13:13 EDT Green Dot, Stockpile partner to deliver financial services to investors - Green Dot Corporation and Stockpile announced a new partnership to introduce products, tools and features "aimed at making investing and personal finance more accessible to consumers of all ages." Powered by Green Dot's banking-as-a-service platform, the companies said Stockpile will embed parental spending controls and debit card functionality for minors in its retail investing product suite, with additional features and functionality planned for the future. "Green Dot's depth of experience embedding seamless, innovative and value-driven financial tools into their partner ecosystems, along with their passion for providing accessible financial services to consumers and businesses, make them a great fit for Stockpile's long-term vision and growth trajectory," said Victor Wang, CEO, Stockpile, Inc. "Partnering with Green Dot adds a new dimension to Stockpile's hands-on financial learning and access, and will deliver a seamless and responsible debit card experience as an educational stepping stone to investing."
CCLD

Hot Stocks

13:11 EDT CareCloud announces workforce reduction, to cut operating costs by $10M - In a regulatory filing, CareCloud said that on October 2, it committed to effectively align resources with business priorities and improve profitability through a reduction in its work force. After the reduction is implemented and through employee attrition, the company expects an improvement of approximately $10M in annualized free cash flow, which represents approximately 14% of total payroll cost. This reduction will result in approximately $5M in annualized expense savings. The difference between the free cash flow and the expense savings represents amounts which were previously accounted for as part of software capitalization. A majority of the impacted employees will exit in the fourth quarter of 2023. The company estimates that it will incur expenses of approximately $0.5M related to the reduction in work force, of which approximately $0.4M is expected to be incurred in 2023, with the remaining expenses to be incurred during 2024. These expenses will consist of one-time termination benefits, including but not limited to, severance payments and healthcare benefits.
FNGR

Hot Stocks

13:07 EDT Capybara Research says FingerMotion relies on accounting gimmicks, sets $1 target - In a recently published report, Capybara Research says it holds a short position in shares of FingerMotion (FNGR) and that it believes the stock price is headed lower, as the promotional campaign ends and share dilution begins. "The company's $300 million Shelf Registration and $25 million ATM agreement are likely triggers for significant shareholder dilution. We believe FingerMotion relies on accounting gimmicks to portray large revenue growth. FingerMotion's balance sheet is deteriorating with eroding gross margins, and concurrently, its cash burn is on the rise. This combination paints a concerning picture of the company's financial health," the report reads. Furthermore, Capybara Research says "it is evident that FingerMotion is operating with a fundamentally flawed business model that deviates from the path to profitability... Inevitably, the company will resort to diluting its stock through the execution of its shelf registration, whether through its ATM agreement, secondary offerings, or large amounts of shares held by insiders with negative intentions to shareholders. Ultimately, the losers in this situation will be the unsuspecting investors who become ensnared in this investment trap. As a result, we iterate a $1 price target." Reference Link
IDT

Hot Stocks

12:44 EDT IDT Corp trading resumes
GOOG GOOGL

Hot Stocks

12:36 EDT Google introduces new requirements for Gmail bulk senders - Alphabet's Google introduced new requirements for bulk senders - those who send more than 5,000 messages to Gmail addresses in one day - to keep users' Gmail inboxes even safer and more spam-free. By February 2024, Gmail will start to require that bulk senders authenticate their email, enable easy unsubscription, and ensure they're sending wanted email. "These practices should be considered basic email hygiene, and many senders already meet most of these requirements," the company said. "For those who need help to improve their systems, we're sharing clear guidance before enforcement begins in February 2024. These changes are like a tune-up for the email world, and by fixing a few things under the hood, we can keep email running smoothly. But just like a tune-up, this is not a one-time exercise. Keeping email more secure, user friendly and spam-free requires constant collaboration and vigilance from the entire email community. And we'll keep working together to make sure your inbox stays safe." Reference Link
FMS

Hot Stocks

12:32 EDT Attorneys general file complaint against Fresenius Vascular Care - New York Attorney General Letitia James, Georgia Attorney General Christopher Carr, and New Jersey Attorney General Matthew Platkin filed a complaint against Fresenius Vascular Care, one of its New York-based executives, Gregg Miller, and several of their affiliates "for subjecting Medicaid recipients with end-stage renal disease to unnecessary surgeries and defrauding the New York state Medicaid program." The defendants allegedly scheduled ESRD patients for appointments every three to four months purportedly to preserve their dialysis access sites. "At these appointments, the defendants sedated the patients and performed invasive procedures on their veins and arteries, putting already vulnerable patients at a heightened risk of grave complications," the attorneys general said in a statement. This lawsuit seeks damages and penalties under the New York False Claims Act and other state laws. Reference Link
MMTOF

Hot Stocks

12:29 EDT Mitsubishi Motors North America reports Q3 sales up 32.3% y/y to 22,196 units - Mitsubishi Motors North America reported 22,196 sales for the third quarter of 2023, an increase of 32.3% over the same period the year before. On a year-to-date basis, sales of 67,736 represent an increase of 4.1%.
IDT VZ

Hot Stocks

12:28 EDT IDT Corp CEO 'very pleased' with court decision in class action lawsuit - IDT Corporation (IDT) commented on the decision by the Court of Chancery of the State of Delaware in a class action on behalf of the former stockholders of the Company's former subsidiary, Straight Path Communications. Straight Path was spun off from IDT in 2013 and, in 2017, was sold to Verizon Communications (VZ) for $3.1B. The Court dismissed the claims against IDT and found that, contrary to the plaintiffs' allegations, the Class suffered no damages. "We are very pleased that the Court today dismissed all claims against IDT and found that Plaintiff and the Class 'suffered no damages,'" said Shmuel Jonas, IDT's CEO. "We encourage our stakeholders to carefully review Vice Chancellor Glasscock's decision. The charges the plaintiffs advanced for years have now been resolved by the Court of Chancery." The lawsuit, filed by the plaintiffs in 2017, alleged that the Company aided and abetted Straight Path's Chairman of the Board and CEO Davidi Jonas, and Howard S. Jonas in his capacity as controlling stockholder of Straight Path, in forcing an unfair settlement of claims between Straight Path and the Company at the time of the sale of Straight Path. The Court found that the settlement in fact exceeded the value of those claims, and that there was no harm to Straight Path stockholders as plaintiffs alleged. The plaintiffs will have 30 days from entry of the final order to file an appeal to the Supreme Court of Delaware.
HMC

Hot Stocks

12:14 EDT Honda reports September U.S. sales up 45.5% to 115,437 units - American Honda said total sales topped 115,000 units, up 45.5%, in September and 52.7% in Q3, "despite supply constraints for some models." CR-V and Accord hybrid-electric models combined for 218,684 in the first nine months of 2023 and already set annual electrified records, the company said in a statement.
NVTA

Hot Stocks

12:10 EDT Invitae receives FDA market authorization for Common Hereditary Cancers Panel - Invitae gained FDA market authorization for its Common Hereditary Cancers Panel. This represents the first broad panel that is used to identify germline variants associated with hereditary cancer to gain market authorization from the FDA. Through this application, Invitae was able to establish a new category of device based on its testing technology and methodology which provides potential marketing differentiation and opportunities for its largest testing category. In 2021, the company submitted a de novo application using the Common Hereditary Cancers Panel as an example of a methods-based approach to validation. The FDA worked closely with Invitae to review the test and its supporting data, which led to this authorization being granted on September 29, 2023.
GM

Hot Stocks

12:04 EDT General Motors reports Q3 U.S. sales 674,336 vehicles, up 21% y/y - General Motors and its dealers delivered 674,336 vehicles in the U.S. in the third quarter of 2023, up 21% year-over-year. Strong customer demand for GM's portfolio of trucks and SUVs drove sales growth across all its brands in the third quarter, GM said. GM's total sales are up 19% for the calendar year, the company said in a statement.
PYPL AAPL

Hot Stocks

12:02 EDT PayPal, Venmo credit and debit cards now available to add in Apple Wallet - PayPal Holdings announced that customers now have the option to add their eligible PayPal and Venmo credit or debit cards to Apple Wallet. "PayPal and Venmo credit or debit card holders can make payments quickly and securely in-store, online or on their favorite apps using Apple Pay - and can still earn the same cashback and rewards that they love on their eligible purchases... PayPal and Venmo customers who have added their cards to Apple Wallet can also use Apple Pay on iPhone, iPad, and Mac to make fast and convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information... Starting today, customers can also add their eligible PayPal credit and debit cards to Apple Wallet by simply following the prompts directly in the PayPal app. In the coming months, customers can also expect to have the option to add a PayPal Business Debit Card, or their Venmo credit or debit cards to Apple Wallet by following the steps in the PayPal or Venmo apps," the company stated.
BDN

Hot Stocks

12:00 EDT Brandywine Realty falls -10.7% - Brandywine Realty is down -10.7%, or -47c to $3.92.
GETY

Hot Stocks

12:00 EDT Getty Images falls -14.2% - Getty Images is down -14.2%, or -91c to $5.49.
EHAB

Hot Stocks

12:00 EDT Enhabit falls -21.7% - Enhabit is down -21.7%, or -$2.55 to $9.18.
IRS

Hot Stocks

12:00 EDT Irsa Inversiones y Representaciones SA rises 7.9% - Irsa Inversiones y Representaciones SA is up 7.9%, or 46c to $6.22.
LZM

Hot Stocks

12:00 EDT Lifezone Metals rises 8.2% - Lifezone Metals is up 8.2%, or 92c to $12.11.
SMLP

Hot Stocks

12:00 EDT Summit Midstream rises 15.2% - Summit Midstream is up 15.2%, or $2.08 to $15.73.
IKT

Hot Stocks

11:57 EDT Inhibikase Therapeutics treatment of Multiple System Atrophy gets orphan status - Inhibikase Therapeutics' treatment of Multiple System Atrophy was granted FDA orphan designation, according to a post to the agency's website. Reference Link
ASAN

Hot Stocks

11:34 EDT Asana sees medium-term, long-term gross margin of 88%-plus - Asana will host its previously announced Investor Day on October 3, beginning at 11:00 a.m. Eastern Time. In slides for the event, the company lays out medium-term targets that include gross margin of 88%-plus and "positive" free cash flow margin. Its long-term targets include gross margin of 88%-plus and free cash flow margin of 30%-plus. Reference Link
TM

Hot Stocks

11:31 EDT Toyota Motor North America reports U.S. September sales of 203,904 vehicles - Toyota Motor North America reported U.S. September 2023 sales of 203,904 vehicles, up 13.9% on a volume basis and up 9.5% on a daily selling rate basis versus September 2022. September 2023 sales of electrified vehicles totaled 64,298, representing 31.5% of total monthly sales. For the third quarter of 2023, TMNA reported U.S. sales of 590,296 vehicles, up 12.2% on a volume basis and up 10.8% on a DSR basis. Third quarter electrified vehicle sales totaled 184,666, representing 31.3% of total year-to-date sales. "With the introduction of several electrified vehicles including the all-new Toyota Grand Highlander hybrid, Toyota Corolla Cross hybrid, Toyota Prius, and the Lexus RX plug-in hybrid, customers now have 26 Toyota and Lexus electrified vehicle options to choose from, the most among any automaker," said Jack Hollis, executive vice president, Sales, TMNA. "We anticipate continued strong sales momentum as we close out 2023 as dealer stock improves and key new products like the fourth generation Toyota Tacoma and Lexus TX and TX hybrid hit showroom floors."
WBD

Hot Stocks

11:22 EDT Warner Bros. Discovery's discovery+ announces price increase - Warner Bros. Discovery stated: "Effective today, October 3, the price of a new discovery+ ad-free monthly subscription in the U.S. will increase from $6.99 to $8.99 plus applicable taxes. The ad-lite subscription will not change and remains $4.99/month. In Canada, the price of a new discovery+ ad-free monthly subscription will increase from $6.99 CAD to $8.99 CAD. The price of a new discovery+ ad-lite subscription will change from $4.99 CAD to $5.99 CAD. Existing subscribers will see their monthly rate increase on their next billing cycle on or after November 2. This is the first time discovery+ has increased the price of a monthly subscription in these markets since launching in January 2021. This will allow us to continue to provide can't miss-stories in the food, home, relationships, true crime, paranormal genres - plus so much more."
FUJHY

Hot Stocks

11:18 EDT Subaru of America reports September sales up 23.4% to 56,335 vehicles - Subaru of America reported 56,335 vehicles sold for September, a 23.4% increase compared with a September 2022 total of 45,658. SOA also reported year-to-date sales of 467,223, a 16.5% increase compared with the same period in 2022.
BGXX

Hot Stocks

11:12 EDT Bright Green names Groovy Singh as new CEO, replacing Seamus McAuley - Bright Green Corporation announced the appointment of Groovy Singh as CEO. Singh will replace current CEO Seamus McAuley, who is stepping back from the position to address recently developed health-related concerns. McAuley will assume an advisory role to Singh during the transition to continue facilitating the company's success while remaining focused on his recovery, the company said in a statement. "The Bright Green Board and I are very grateful to Seamus for the work carried out thus far, and we are fully understanding of the health challenges he currently faces. We offer him nothing but our support moving forward," Terry Rafih, Executive Chairman of the Board of Directors for Bright Green said.
GOGL

Hot Stocks

11:07 EDT Golden Ocean to extend existing share buy-back program further 12 months - The board of directors of Golden Ocean Group Limited has on October 3 resolved to extend the existing share buy-back program with a further 12 months. The main terms remain unchanged: Maximum $100M to purchase up to an aggregate of 10M of the company's common shares, with 1,507,328 shares repurchased $11,629,758 as of the date hereof; A period up to 12 months from and including October 5, 2023; the share buy-backs will be carried out by way of repurchases in the market, both on the Oslo Stock Exchange and on NASDAQ. The company will execute and report buy-backs carried out continuously and in accordance with the disclosure requirements of the Oslo Stock Exchange. Lars-Christian Svensen, Interim CEO, comments: "The volatility in capital markets and dry bulk freight sentiment continues, and our share is trading at a discount to underlying substance values. We believe it is in the shareholders' interest to extend the authorization to repurchase our common stock as part of its capital allocation strategy. During the past 12 months, we have repurchased 1.5 million shares at attractive levels and will opportunistically utilize the extended program as a supplement to our long-term focus on dividend."
LYFT

Hot Stocks

11:03 EDT Lyft, Mobilitas Insurance Companies renew insurance partnership - The Mobilitas Insurance Companies announced that Lyft has extended its partnership for ride-sharing commercial insurance coverage in 23 states, effective October 1, 2023.
MAT RBLX

Hot Stocks

11:02 EDT Mattel, Gamefam announce launch of 'Barbie Dreamhouse Tycoon' on Roblox - Mattel and Gamefam announced the upcoming launch of Barbie DreamHouse Tycoon on Roblox on October 6. After recording three million unique visits in beta, the first-ever official Barbie Roblox game is jam-packed with endless imagination and features everything fans could ask for, including the chance to build their very own DreamHouse, live out various careers, and unleash their inner fashion icon.
IDT

Hot Stocks

10:50 EDT IDT Corp trading halted, news pending
RTX

Hot Stocks

10:46 EDT U.S. Air Force awards RTX $39M for air defense command, control prototype - The U.S. Air Force awarded Raytheon $39M to develop and integrate the service's Battle Management Command and Control software into a prototype for air base air defense. Under this contract, Raytheon will develop the command-and-control foundation to counter airborne threats and defend U.S. air bases around the world.
SOMC

Hot Stocks

10:25 EDT Southern Michigan Bancorp CEO John Castle, President Kurt Miller to retire - CEO John Castle and President Kurt Miller are planning to retire from Southern Michigan Bancorp and Southern Michigan Bank & Trust. The board of directors of the two entities, known collectively as Southern, has appointed John Waldron to serve as president and CEO effective Oct. 3. Waldron, who joined Southern in May 2022 to serve as president of the bank's Jackson market, brings nearly three decades of commercial banking and leadership experience to the position. Castle will continue to serve as chairman of the board while Miller will transition to serve as vice chairman. Until their retirement in June 2024, Castle and Miller will support Waldron in managing the day-to-day operations of Southern.
SOND

Hot Stocks

10:15 EDT Sonder Holdings trading resumes
SOND

Hot Stocks

10:10 EDT Sonder Holdings trading halted, volatility trading pause
WETG

Hot Stocks

10:10 EDT WeTrade: Report purporting change of offers was submitted without authorization - WeTrade Group announced that the September 28, 2023 current report on Form 8-K filed with the SEC, purporting a change of the company's directors and officers, was submitted to EDGAR without proper authorization of the company. There were no changes to the Board of Directors and investors should not rely on the disclosures contained therein. The Board of Directors and officers are still remained the same as follow: Guo Bi Ming (Chairman), Wei He Chun (CEO), Annie Huang (CFO), Grace Li (Director), Qin Ning (Director), Ye Yu Xing (Director) and Li Da Xue (Director). On September 28, 2023, a derivative lawsuit was filed in the United States District Court District of Wyoming against certain officers and directors of the company by certain shareholders. The complaint alleges that the Named Defendants were no longer officers and directors of the company as of June 30, 2023 and that the corporate actions relating to certain share issuances to private placement investors were unauthorized. A motion for temporary restraining order and preliminary injunction was filed on September 28, 2023 to temporarily restrain the Named Defendants from acting on behalf of the company. The company believes that the complaint is meritless and will vigorously defend it.
BA

Hot Stocks

10:01 EDT Air Tanzania takes delivery of its first Boeing 737 MAX - Boeing and Air Tanzania celebrated the arrival of the airline's first fuel-efficient 737 MAX single-aisle jet. The East African airline is the first carrier in Africa to receive the larger 737-9 model as it aims to meet growing travel demand in West Africa, Southern Africa and India. Air Tanzania currently operates commercial service across Africa and to destinations in Asia with a fleet that includes two 787-8 Dreamliners and one 767-300 Freighter. Since its delivery in June 2023, the 767-300 Freighter has solved critical cargo challenges across Africa while opening opportunities to move business globally. The airline has an additional 787-8 on order.
CSV

Hot Stocks

10:00 EDT Carriage Services falls -9.6% - Carriage Services is down -9.6%, or -$2.67 to $25.16.
GETY

Hot Stocks

10:00 EDT Getty Images falls -10.9% - Getty Images is down -10.9%, or -70c to $5.70.
EHAB

Hot Stocks

10:00 EDT Enhabit falls -15.0% - Enhabit is down -15.0%, or -$1.77 to $9.96.
WRBY

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10:00 EDT Warby Parker rises 9.1% - Warby Parker is up 9.1%, or $1.21 to $14.48.
FZT

Hot Stocks

10:00 EDT Fast II rises 10.2% - Fast II is up 10.2%, or $1.25 to $13.50.
SMLP

Hot Stocks

10:00 EDT Summit Midstream rises 15.4% - Summit Midstream is up 15.4%, or $2.10 to $15.75.
SBSW

Hot Stocks

09:47 EDT Sibanye Stillwater falls -6.7% - Sibanye Stillwater is down -6.7%, or -39c to $5.46.
GETY

Hot Stocks

09:47 EDT Getty Images falls -9.0% - Getty Images is down -9.0%, or -58c to $5.82.
EHAB

Hot Stocks

09:47 EDT Enhabit falls -9.1% - Enhabit is down -9.1%, or -$1.07 to $10.66.
AKA

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09:47 EDT a.k.a. Brands rises 7.0% - a.k.a. Brands is up 7.0%, or 32c to $4.92.
WRBY

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09:47 EDT Warby Parker rises 8.1% - Warby Parker is up 8.1%, or $1.07 to $14.34.
SMLP

Hot Stocks

09:47 EDT Summit Midstream rises 13.6% - Summit Midstream is up 13.6%, or $1.85 to $15.50.
KSCP

Hot Stocks

09:37 EDT Knightscope announces three new sales for K1B Emergency Communications Systems - Knightscope announces three new sales for its K1B Emergency Communications Systems. The three orders were placed by a college in Pennsylvania and two hospital systems - one in Illinois and one in Indiana.
HCCI

Hot Stocks

09:36 EDT ISS, Glass Lewis recommend Heritage-Crystal shareholders vote for combination - Heritage-Crystal Clean announced that proxy advisory firms Institutional Shareholder Services and Glass Lewis & Co. recommend that Crystal Clean shareholders vote "FOR" Crystal Clean's proposed combination with J.F. Lehman & Company ("JFLCO") at the Company's upcoming Special Meeting of Shareholders scheduled for October 10, 2023. As previously announced, Crystal Clean and JFLCO have entered into a definitive merger agreement under which JFLCO agreed to acquire Crystal Clean for $45.50 per share in an all-cash transaction. Crystal Clean and JFLCO expect the transaction to close in the fourth quarter of 2023, subject to the receipt of regulatory approvals, approval by Crystal Clean shareholders, and satisfaction of other customary conditions. Upon completion of the transaction, Crystal Clean will become a privately held company and shares of Crystal Clean common stock will no longer be listed on the Nasdaq Stock Exchange or trade in any other public market.
AMGN

Hot Stocks

09:36 EDT FDA staff voice concerns about whether Amgen's CodeBreaK 200 trial 'adequate' - Background information prepared by the Food and Drug Administration staff for the panel members of the Oncologic Drugs Advisory Committee Meeting being called on October 5 to review the sotorasib new drug application made by Amgen states in part: "CodeBreaK 200 was a trial designed to verify the clinical benefit of single agent sotorasib vs docetaxel, after the initial accelerated approval of sotorasib based on single arm data yielding an ORR of 36%. However, the trial results are confounded by multiple sources of systemic bias, raising concerns about whether CodeBreaK 200 can be considered an adequate and wellcontrolled trial. Furthermore, the primary endpoint of PFS by BICR may not be reliable, given its magnitude relative to the imaging interval." Reference Link
FOUR

Hot Stocks

09:31 EDT Shift4 Payments to acquire certain SpotOn assets, affirms guidance - In a regulatory 8-K filing last night, Shift4 Payments announced that the company "has reached an agreement with SpotOn Technologies to acquire assets related to SpotOn's sports and entertainment division formerly known as Appetize for approximately $100 million in an all-cash transaction. Under this agreement, Shift4 will assume all customer relationships, certain technology assets and a portion of the SpotOn employee base. The Company expects an immaterial financial contribution in 2023 and expects the contribution to increase in 2024 as the revenue and operating models of Appetize are modified to align with that of Shift4. The Company reaffirms its guidance for the year ending December 31, 2023, which was provided on the earnings call discussing the Company's second quarter financial results, held on August 3, 2023."
APLD

Hot Stocks

09:27 EDT Applied Digital up 3% in pre-market after being started at Buy at Roth MKM - Shares of Applied Digital are up 3% in pre-market trading at $6.31. The stock was initiated with a Buy rating at Roth MKM last night, with the firm calling the company an "agnostic provider for the AI arms race".
SOUN SSNLF

Hot Stocks

09:26 EDT Samsung, SoundHound team with White Castle to deploy digital signage technology - SoundHound (SOUN), "a global leader in voice artificial intelligence AI," and Samsung Electronics (SSNLF) announced that they will be working together with White Castle, "America's first fast-food hamburger chain, to deploy next-generation, voice-enabled outdoor digital signage technologies that will revolutionize the way that brands interact with consumers. ... With White Castle Cravers everywhere hungry for our hot and tasty menu options, we are investing in processing orders at the drive thru even more swiftly," said Mike Guinan, Vice President of Operations Services at White Castle. "By working with tech innovators at SoundHound and Samsung, we've been able to create an engaging ordering experience that customers are loving. It's the model for tomorrow today - and evidence of how friendly technology and great partners can be a game changer," said the companies in a statement.
ADC

Hot Stocks

09:24 EDT Agree Realty CEO buys $215.4K in common stock - In a regulatory filing, Agree Realty disclosed that its CEO Joey Agree bought 4K shares of common stock on October 2nd in a total transaction size of $215.4K.
DLPN

Hot Stocks

09:24 EDT Dolphin Entertainment acquires agency Special Projects, terms not disclosed - Dolphin Entertainment has acquired Special Projects, the leading agency in talent booking, creative content, and event production, in an immediately accretive acquisition. With a client roster of world-class brands in the media, entertainment, fashion, and luxury sectors, Special Projects joins preeminent PR firms 42West, Shore Fire Media and The Door, influencer marketing agency The Digital Department, and content studio Viewpoint Creative in the Dolphin Entertainment collection of specialty agencies. With offices in New York and Los Angeles, Special Projects was co-founded by Andrea Oliveri and Nicole Vecchiarelli in 2016 to create a first-of-its-kind talent and event agency fueled by an editorial vision and curatorial sensibility. Oliveri and Vecchiarelli bring a combined 25-plus years of expertise in talent strategy, content creation, cultural forecasting, and event production to Dolphin Entertainment. Their keen eye for dynamic talent partnerships and deep-rooted relationships with agents, managers, and publicists have earned them unparalleled trust across the entertainment industry. Special Projects will operate under its own name, with Oliveri and Vecchiarelli remaining as co-CEOs, with its entire senior leadership team and staff welcomed into Dolphin Entertainment.
SRFM

Hot Stocks

09:23 EDT FMW Media signs a 12-part series for interviews, commercials about Surf Air - FMW Media's business TV show, New to The Street, announces the signing of a 12-part series for filming and broadcasting tailored interviews and commercials about Surf Air Mobility. During the week of October 1, 2023, New to The Street's TV Host Jane King is filming at the New York Stock Exchange Studio, interviewing SRFM's management about the Company's regional airline business and its development and commercialization of electrified aircraft for green regional air mobility. New to The Street will air all SRFM's interviews on three major cable televised outlets, Newsmax, the FOX Business Network, and Bloomberg TV, as a sponsoring program. Jamie Strecker, Surf Air Mobility's Head of Business Development states, "We aim to transform regional flying through the power of electrification. Sharing our unique story through New to the Street will help us reach and enlighten key audiences about the exciting future and benefits that electrified air travel will bring to consumers and businesses."
CMTL

Hot Stocks

09:22 EDT Comtech gets $48.6M contract for EDIM modems in SATCOM digitization support - Comtech announced the company was recently awarded a $48.6M contract to deliver Enterprise Digital Intermediate Frequency Multi-Carrier EDIM modems in support of U.S. Army satellite communications SATCOM digitization and modernization programs. Under the contract, Comtech will design, develop, test, and deliver EDIM units and provide hardware, software, and sustainment services to support performance enhancements for EDIM solutions. Comtech's EDIM modems are designed to support multiple satellite providers and will become one of the primary modems used for U.S. military SATCOM. Comtech's EDIM modems will also replace the aging Enhanced Bandwidth Efficient Modem currently supporting Army, Navy, and Air Force SATCOM users with an advanced digital and software-defined platform.
STIM

Hot Stocks

09:22 EDT Neuronetics draws down remaining $22.5M under credit facility - Neuronetics has drawn down the remaining $22.5 million from its credit facility with SLR Capital Partners. "We are pleased to have successfully drawn down the remaining capital as part of our credit facility with SLR, which further bolsters our balance sheet in a non-dilutive manner and will support the ongoing execution of our strategy," said Keith Sullivan, CEO. "Given the current challenging equity and debt capital markets environment, we felt it was prudent to strengthen our balance sheet in a cost-effective manner. The Company continues to believe that it can attain self-sustainability with the previous cash balance and that it can achieve cash flow break-even in Q4-2024 and on a full-year basis in 2025. This incremental capital should remove any doubt about the Company needing to access the equity markets. I want to thank SLR for their continued support of our vision to advance neurohealth therapies and drive the further adoption of NeuroStar Advanced Therapy for mental health."
IMMX

Hot Stocks

09:18 EDT Immix Biopharma announces complete response in patient in NXC-201 trial - Immix Biopharma announced presentation of additional AL Amyloidosis clinical data from its Phase 1b/2a NEXICART-1 study of novel, autologous, BCMA-targeted chimeric antigen receptor T cell therapy, NXC-201, at an oral presentation at the 20th International Myeloma Society Annual Meeting being held in Athens, Greece on September 27-30 2023. One new patient and additional follow-up data from an additional 8 patients are included in this update. All patients were DARZALEX combination therapy relapsed/refractory and experienced a median of 6 earlier treatments that failed to stop worsening of disease prior to receiving NXC-201. Data were presented from 9 relapsed/refractory AL amyloidosis patients in the ongoing Phase 1b/2a NEXICART-1 study of NXC-201. Patients were infused with CAR+T cells at doses of 150 x 106, 450 x 106, and 800 x 106. Of the 9 patients, 7/9 patients had cardiac involvement and 4/9 patients were t(11;14) relapsed/refractory. Median follow-up was 7.3 months as of the September 20, 2023 data cutoff. Data highlights: 9 relapsed/refractory AL amyloidosis patients: Overall response rate of 100%; Complete response rate of 67%; Organ response rate of 56%. Best responder had a duration of response of 19.2 months as of the data cutoff of September 20, 2023, with response ongoing; There were no immune effector cell-associated neurotoxicity syndrome events or grade 4 cytokine release syndrome events reported; 44% had MAYO-stage IIIa/IIIb disease. For the 7 relapsed/refractory AL Amyloidosis patients with cardiac involvement: Overall response rate of 100%; Complete response rate of 57%; Organ response rate of 57%. 4 patients with relapsed/refractory AL Amyloidosis: Overall response rate of 100%; Complete response rate of 75%; Organ response rate of 50%
GOGO BDRBF

Hot Stocks

09:17 EDT Gogo: Skyservice Business Aviation gets STC approval for Gogo 5G system - Skyservice Business Aviation, in partnership with Gogo Business Aviation, has received Supplemental Type Certification approval from Transport Canada for the Gogo 5G system on Bombardier (BDRBF) Challenger 300 series aircraft. Skyservice, a Gogo authorized dealer in Canada, completed the certification on Sept. 1. The comprehensive Transport Canada Civil Aviation (TCCA) STC, followed by Federal Aviation Administration validation, is available for Challenger 300 operators who install a Gogo AVANCE L5 today along with the full Gogo 5G provisional kit.
SPRY

Hot Stocks

09:14 EDT ARS Pharmaceuticals announces publication of study results of neffy in JACI - ARS Pharmaceuticals announced the publication of its full pharmacokinetic and pharmacodynamic results from one of its four primary registration studies of neffy, epinephrine nasal spray, in the Journal of Allergy and Clinical Immunology, JACI. The study showed that neffy elicited comparable or greater response compared to approved injection products, as measured by pharmacodynamic profile, the surrogate measure for assessing clinical effectiveness in anaphylaxis. These responses in PD were observed even at 1 minute after a single dose of neffy, with mean maximum changes in heart rate statistically greater than both IM injection and EpiPen and mean maximum changes in blood pressure statistically greater than IM injection and numerically greater than EpiPen. For repeat doses of neffy, mean maximum changes in PD responses for both blood pressure and heart rate were statistically greater than repeat doses of EpiPen. Although the mean PD response for neffy was higher than EpiPen, the absolute maximum changes in blood pressure and heart rate for neffy were comparable to EpiPen and within the range observed during normal activities such as exercise, ensuring neffy PD does not exceed the range observed with approved injection products for safety. The study also showed that neffy delivered consistent epinephrine levels to attain a pharmacokinetic profile in the range of approved injection products in healthy adult subjects. In addition, the PK profile for a second dose of neffy was approximately dose-proportional, unlike EpiPen, where the second dose delivered less incremental epinephrine exposure than the first dose. There was also no difference in PK profile between twice dosing of neffy in the same versus different nostrils. Response on pharmacodynamic surrogates for efficacy in anaphylaxis for single and twice dosing neffy in healthy subjects. neffy was well-tolerated, and all adverse events were mild. As reported previously, the most common adverse events in the neffy 2 mg registration program are mild nasal discomfort and mild headache. There is no meaningful pain or irritation as assessed by formal scales with mean VAS scores of 5 to 8 on a scale of 100.
CLSK

Hot Stocks

09:13 EDT CleanSpark reports FY23 bitcoin production up 84% year-over-year - CleanSpark released its unaudited bitcoin mining and operations update for September 30. The company mined 6,903 bitcoin during its fiscal year ending September 30, 2023. Construction is proceeding according to schedule for the expansion of CleanSpark's Sandersville, GA, bitcoin mining data center. Bitcoin mined in September: 643. Total BTC holdings as of September 30: 2,240. Current hashrate: 9.6 EH/s. The company sold 80 bitcoin in September at an average of approximately $26,800 per BTC. Sales of BTC equated to proceeds of approximately $2.2M. In Sandersville, no serious delays have been reported and site construction remains on track for yearend completion.
APO

Hot Stocks

09:10 EDT West completes sale of SchoolMessenger to PowerSchool - West Technology Group, controlled by affiliates of certain funds managed by Apollo Global Management, has completed the $300 million sale of its SchoolMessenger business to PowerSchool, a leading provider of cloud-based software for K-12 education. "We are pleased to complete the sale of SchoolMessenger to PowerSchool and believe that SchoolMessenger products and staff significantly enhance PowerSchool's existing market leadership," said John Shlonsky, President and Chief Executive Officer of West. "We are also excited about West's future given the innovative, AI-powered solutions within the West portfolio: TeleVox, Notified, and Mosaicx."
WOW

Hot Stocks

09:09 EDT WideOpenWest to build all fiber network in Hernando County, Florida - WideOpenWest's WOW! Internet, TV & Phone plans to expand its footprint in communities along Florida's west central coast. Construction will begin in the coming months to bring WOW!'s all-IP fiber network to Hernando County. The company plans to add 44,000 new homes to its subscriber base, bringing the total number of identified homes in its Greenfield expansion efforts to 389,000. WOW! has already made progress in its previously identified Greenfield markets, including Orange and Seminole counties in Central Florida, where services are launching across multiple communities, and Greenville County, South Carolina, where construction is underway and services are nearing launch.
CCLD

Hot Stocks

09:08 EDT CareCloud's medSR implemented MEDITECH Expanse for Doctors Hospital Health - CareCloud announced its medSR division recently completed the successful implementation of MEDITECH Expanse, a comprehensive electronic health record, EHR, system, for Doctors Hospital Health System. Following a meticulous evaluation of various EHR systems and implementation partners, Doctors Hospital selected CareCloud's medSR to implement MEDITECH Expanse. The successful implementation of the new EHR system has ushered in enhancements in patient care, data management, and disaster recovery capabilities for Doctors Hospital. It's a resounding success story, further solidifying Doctors Hospital's commitment to excellence in healthcare.
AGBA

Hot Stocks

09:08 EDT AGBA Acquisition submits letter to SEC, Nasdaq on irregular trading activities - AGBA Group Holding provides updates on its actions against certain irregular trading activities in the Company's ordinary shares. On October 3, 2023, AGBA submitted a letter to the Securities and Exchange Commission and to Nasdaq regarding irregular trading activities in the Company's ordinary shares by unknown parties since April 28, 2023. On those irregular trading days, trading volume represented more than 100% of the Company's freely tradeable shares. AGBA is taking these matters seriously and is committed to ensuring that the Company's shareholders are protected.
CBBI

Hot Stocks

09:07 EDT CBB Bancorp announces appointment of Richard Koh as CFO - CBB Bancorp announced that Richard Koh has joined the company as Executive Vice President and Chief Financial Officer on October 2.
LPLA

Hot Stocks

09:07 EDT LPL Financial announces Joe Bryant, Jamie Bryant join Linsco - LPL Financial announced that father and daughter financial advisors Joe Bryant and Jamie Bryant have joined LPL's employee advisor channel, Linsco by LPL Financial, to launch Winner's Circle Wealth Management of LPL Financial. They reported having served approximately $125 million in advisory, brokerage and retirement plan assets and join LPL from Robert W. Baird & Co.
BCTX

Hot Stocks

09:07 EDT BriaCell initiates Phase 3 study of Bria-IMT - BriaCell Therapeutics announces that its registration-enabling pivotal Phase 3 study of its lead clinical candidate, Bria-IMT, in combination with an immune check point inhibitor, is fully approved by the Institutional Review Board and will soon enroll patients with advanced metastatic breast cancer. The study will evaluate the efficacy and safety of the Bria-IMT combination regimen in patients who have failed at least two approved therapies for the disease. Bria-IMT is currently under Fast Track Designation by the U.S. FDA intended to accelerate the review process of novel treatments that address unmet medical needs. Positive completion of the pivotal study, following review by FDA, could lead to full approval of the Bria-IMT immune checkpoint inhibitor combination in advanced metastatic breast cancer. FDA has agreed that improvement in overall survival in the Bria-IMT combination arm as compared to the physician's choice of treatment arm will be the primary endpoint of the study. The study will enroll 177 patients in the Bria-IMT combination therapy arm and 177 patients in the treatment of physician's choice arm. The successful completion of the pivotal study would allow BriaCell to subsequently submit a Biologics License Application and accelerate the path to commercialization.
KD PANW

Hot Stocks

09:06 EDT Kyndryl Holdings and Palo Alto Networks partner in cybersecurities services - Kyndryl (KD) announced a strategic global alliance with Palo Alto Networks (PANW) to provide end-to-end network and cybersecurity services, including the launch of a new service offering, powered by Prisma SD-WAN for enterprises and Industry 4.0 customers. The alliance brings together Palo Alto Networks' platform security capabilities with Kyndryl's network security services expertise to design, build, manage, and modernize mission-critical networking for customers across industries. The companies are joining forces to capitalize on emerging opportunities in the SD-WAN infrastructure market that IDC estimates will grow at a compound annual growth rate of 10.1% through 2027. The global partnership between Kyndryl and Palo Alto Networks builds on the companies' collaboration around security services and solutions. In July Kyndryl launched its new Security Operations as a platform solution leveraging Palo Alto Networks Cortex technology to drive operational savings and time-to-value through automation and orchestration.
APPN

Hot Stocks

09:06 EDT Appian names Randy Guard as Chief Marketing Officer - Appian announced the appointment of Randy Guard to the position of Chief Marketing Officer. Guard brings more than 35 years of experience in marketing, product strategy, and technology leadership to Appian's executive team. He will oversee the company's global marketing efforts, focusing on delivering Appian's end-to-end process automation vision and the power of the Appian Platform to organizations worldwide. Guard's impressive track record includes 20 years at data and analytics leader SAS, building and leading product and marketing teams, and ultimately serving as Chief Marketing Officer for five years.
SCLX

Hot Stocks

09:06 EDT Scilex provides notice to record holders, beneficial owners of restricted shares - Scilex Holding Company provides notice to all record holders and beneficial owners of restricted shares of Scilex common stock that were part of the previously announced dividend of Scilex common stock then-held by Sorrento Therapeutics, Inc. to Sorrento equity holders of record as of January 9, 2023. On December 30, 2022, Sorrento Therapeutics announced that its board of directors authorized Sorrento to dividend to Sorrento equity holders of record as of January 9, 2023 an aggregate of 76,000,000 shares of common stock of Scilex Holding Company that were then-held by Sorrento. The Scilex Dividend Stock was distributed on or about January 19, 2023 and since such date has been subject to restrictions on transfer which are currently in place through March 31, 2024. The Scilex Dividend Stock was primarily received by "record holders," or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true "beneficial owners" of the Scilex Dividend Stock. On February 13, 2023, Sorrento and certain of its related entities which did not include Scilex, commenced voluntary proceedings under Chapter 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas. The Chapter 11 proceedings are jointly administered under the caption In re Sorrento Therapeutics, Inc., et al. According to Sorrento's estimates, approximately 8.4 million or more shares of Scilex common stock were deemed to have been sold "short" as of the Payment Date as a result of the "short" positions of the underlying Sorrento common stock. "Naked short" sales or "naked short" positions in any Scilex common stock may constitute a violation of SEC Regulation SHO. On June 12, 2023, the Official Committee of Equity Securities Holders of the Debtors commenced an adversary proceeding in the Bankruptcy Proceedings by filing a complaint against certain brokerage firms seeking entry of a temporary restraining order and preliminary injunction related to the defendants' allowance and facilitation of illegal naked short selling of Scilex common stock. On June 14, 2023, the Bankruptcy Court entered a temporary restraining order temporarily suspending all short sales of Scilex Dividend Stock and ordering the defendants to provide an accounting of all profits received from the naked short selling of Scilex Dividend Stock and Scilex common stock, including all interest charged to short sellers, no later than five business days after entry of the order. On July 18, 2023, the Bankruptcy Court then granted the joint emergency motion filed by the Debtors and the Equity Committee for an order approving and authorizing the Debtors to consummate an offering of shares of Scilex common stock held by the Debtors, authorizing entry into settlement agreements with participating record holders of Scilex common stock who opt into a settlement, and granting related relief. This emergency motion was very successful, resulting in settlements reached with dozens of short sellers and approximately 800,000 Scilex common stock short positions closed or covered.
HYMTF

Hot Stocks

09:05 EDT Hyundai Motor America reports September retail sales of 68,961 units, up 16% y/y - Hyundai Motor America reported total September sales of 68,961 units, a 16% increase compared with September 2022. Hyundai set total sales records in September for Elantra HEV (+2%), IONIQ 5 (+203%), Santa Fe (+26%), Santa Fe PHEV (+1125%), Santa Fe HEV (+97%), Tucson (+33%), Tucson PHEV (+950%), Tucson HEV (+95%) and Santa Cruz (+5%).
BAX SYY

Hot Stocks

09:05 EDT Baxter Sysco appoints Joel Grade CFO - Baxter International (BAX) announced it has appointed Joel Grade as executive vice president and chief financial officer CFO reporting to Baxter chairman, president and CEO, Jose E. Almeida, effective Oct. 18. At that time, Brian Stevens, who has served as the company's interim CFO since May 31, 2023, will transition to his prior role as senior vice president, chief accounting officer and controller. "Joel is a seasoned global financial executive with decades of deep operational and broad business experience as well as a proven record of results-driven impact," said Mr. Almeida. .. Grade, 53, joins following a distinguished 25-year career with Sysco (SYYY), the world's global foodservice leader with fiscal-year 2023 sales of more than $76B. Mr. Grade brings deep experience from various financial, commercial and executive leadership roles. He most recently served as Sysco's executive vice president, corporate development, and previously held the roles of executive vice president and CFO as well as senior vice president of finance and chief accounting officer, and senior vice president of foodservice operations.
UBER JBLU

Hot Stocks

09:04 EDT Uber for Business, JetBlue enter partnership to help with flight disruptions - Uber for Business, Uber's (UBER) enterprise arm, and JetBlue (JBLU) announced that the airline will offer complimentary Uber vouchers to JetBlue customers who experience qualified travel disruptions. The companies aim to ease the burden in what is typically a stressful situation for travelers. JetBlue is known for prioritizing the in-flight experience for its customers. It's the only major U.S. airline with free high-speed Fly-Fi and seatback screens at every seat, on every plane. Now, the company is extending its customer-first mentality to ground transportation through a partnership with Uber for Business. "We always work to give our customers a great onboard experience and get them to their destination safely and on time," said Joanna Geraghty, President and Chief Operating Officer at JetBlue. "Sometimes travel doesn't go as planned, and flights can get delayed or cancelled. In those cases, when the disruption is due to something in our control, our partnership with Uber for Business will make options for our customers more seamless."
MPW

Hot Stocks

09:03 EDT Medical Properties Trust receives Australian FIRB approval of facility sale - Medical Properties Trust announced that the Australian Foreign Investment Review Board, or FIRB, has approved HMC Capital's purchase of MPT's remaining four Australian facilities for approximately A$470M. The transaction is expected to close in October. The 5.7% cash cap rate on the sale demonstrates continued significant third-party demand for essential hospital real estate at pricing that validates MPT's underwriting, notwithstanding broader macroeconomic market conditions.
ALGT...

Hot Stocks

09:03 EDT Allegiant Travel secures financing for Airbus A320, Boeing 737 MAX aircraft - Allegiant Travel (ALGT) announced financing commitments for seven Airbus (EADSY) A320 and four Boeing (BA) 737 MAX aircraft from BNP Paribas, Europe's leading bank, and Jackson Square Aviation, a global commercial aircraft lessor. The innovative $412M deal combines banking and lessor capital to secure Allegiant's aircraft financing needs into the second quarter 2024, while providing the airline with healthy liquidity at an attractive cost in today's market. Allegiant has drawn down $196M on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries. Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319s and A320s. Allegiant has agreed to purchase up to 130 Boeing 737-7 and 737-8-200 models in a multi-year deal, Boeing's first with an ultra-low-cost carrier in the United States. The new 737 MAX additions will afford the airline flexibility, environmental benefits, and new customer features.
CNHI

Hot Stocks

09:02 EDT CNH Industrial expands harvesting stake with investment in Advanced Farm - CNH continues to support the acceleration of smart harvesting technologies with a minority investment in the California-based start-up Advanced Farm Technologies, which specializes in the robotic harvesting of apples, strawberries and other fruits. The two businesses will partner to drive industry and ecosystem innovation by collaborating across R&D and commercialization.
WIX INTU

Hot Stocks

09:02 EDT Wix.com and Intuit Mailchimp enter multi-year strategic partnership - Intuit Mailchimp (INTU) and Wix.com (WIX) announced a multi-year bi-lateral strategic partnership. Through the upcoming collaboration between the platforms, users will benefit from connecting CRM data between platforms. Intuit's solutions tailored for small businesses and marketers and Wix's online platform will provide users with the ability to use both platforms with their respective tools to manage and grow businesses. The cross-platform integration will have a gradual global rollout in the U.S., Canada, and the UK in the upcoming days.
GLXZ

Hot Stocks

09:01 EDT Galaxy Gaming to unveil new content at Global Gaming Expo - Galaxy Gaming will unveil innovative new content and technology at this year's Global Gaming Expo from October 10-12 in booth #4016. "We're thrilled to be exhibiting at G2E and for the opportunity meet with our customers and showcase some of the exhilarating new products and titles we've been working on," shared Todd Cravens, President and CEO of Galaxy Gaming. "Through our investment in building the best-in-class operating system, developing thrilling new and proven titles, and our strong iGaming roadmap, we remain committed to delivering the greatest table games experience to everyone, everywhere."
BREA

Hot Stocks

08:53 EDT Brera Milano assumes control of Mongolia's Bayanzurkh Sporting Ilch FC - Brera Holdings announced that its wholly-owned subsidiary Brera Milano has assumed control of Mongolia's Bayanzurkh Sporting Ilch FC , and is moving forward with the rebranding as "Brera Ilch FC". Bayanzurkh FC, located in Mongolia's capital Ulaanbaatar, was founded in 2020 and was recently promoted to the Mongolian National Premier League, the top-tier professional football league of Mongolia. Brera Milano intends to manage Bayanzurkh FC's sports activities beginning immediately prior to the resumption of the football season in March 2024. This latest move brings the Brera brand to Asia, adding a third continent to its currently top-ranked Brera teams in Europe and Africa. Brera Strumica in the North Macedonian First Division and Brera Tchumene in Mozambique's Second Division are both in the top tier positions in their respective leagues.
SDOT

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08:51 EDT Sadot releases latest Corporate Update report - Sadot Group announced the release of its latest Corporate Update. "Following our strategic pivot to the global food supply chain sector, we are pleased to announce in our latest Corporate Update significant milestones across each of our core verticals as we continue to execute on our plans initiated earlier this year. This focus has allowed us to fortify our financial position, allowing us redirect resources towards the growth of our agri-foods supply chain business, reinforcing our dedication to enhancing shareholder value," stated CEO Michael Roper.
COMM

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08:51 EDT CommScope: Home Networks Business-Vantiva deal includes earnout up to $100M - Under the terms of the Home Networks Business-Vantiva deal, which is expected to be completed in Q4 2023, CommScope will receive: a 25% stake in Vantiva at closing; and an earnout of up to $100M, contingent upon Vantiva achieving EBITDA equal to or exceeding EUR 400M in a given year over a 5-year period and meeting certain other thresholds. This transaction structure allows CommScope to capture future upside from significant synergy value creation. CommScope will also have one representative join Vantiva's Board of Directors, highlighting its commitment to Vantiva's strategy.
PNC

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08:51 EDT PNC Financial acquires $16.6B in Signature Bank capital commitments facilities - PNC Bank has acquired a portfolio of capital commitments facilities from Signature Bridge Bank, through an agreement with the Federal Deposit Insurance Corporation as Receiver. The transaction closed Oct. 2. The FDIC established Signature Bridge Bank on March 12, after being appointed receiver of the former Signature Bank, New York by the New York State Department of Financial Services. The acquired portfolio represents $16.6B in total commitments, including $9B of funded loans. The transaction, to be funded with cash on hand, is expected to be immediately accretive to PNC's earnings, and will represent approximately 10c per share in Q4. The transaction will not have a material impact to PNC's total assets, capital ratios or tangible book value per share.
VEV

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08:51 EDT Vicinity Motor enter partnership with ADASTEC for automated transit buses - Vicinity Motor announced a new partnership with automated driving software platform provider ADASTEC to create an SAE Level-4 automated Vicinity Lighting EV transit bus for the North American market. The companies said, "The collaboration marks a substantial leap in the realm of transportation, with a strong emphasis on automated, connected, and shared solutions, driving innovation, accessibility, and sustainability. The partnership brings together Vicinity's expertise in medium-duty, accessible, fully electrified low-floor transit vehicles with ADASTEC's SAE Level-4 automated driving software platform, flowride.ai. Together, they aim to revolutionize the mobility sector and make a lasting impact on communities and passengers."
CEI

Hot Stocks

08:50 EDT Camber Energy enters agreement with Planeteq - Camber Energy announced that Simson-Maxwell entered into a Manufacturer's Representative Agreement with Planeteq Limited pursuant to which Planeteq was appointed as the exclusive distributor of Viking Ozone Technology's proprietary ozone waste treatment systems in the United Kingdom.
QEPC

Hot Stocks

08:49 EDT Q.E.P. Company completes sale of manufacturing facility in Tennessee - Q.E.P. announced that on September 29, 2023, it completed the sale of its manufacturing facility in Johnson City, Tennessee to Hatley Properties, in a transaction valued at $5.3 million. The facility consists of approximately 295,000 square feet of manufacturing and warehouse space on approximately 48 acres in Johnson City, Tennessee. As part of the terms of this transaction, Hatley Properties has agreed to allow QEP to remain at the facility through November 2023 in order for QEP to complete an orderly exit including the relocation of its grouting sponge production operations to its manufacturing facility in Dalton, Georgia. Commenting on the transaction, Len Gould, President & CEO, The Americas, of QEP stated, "This transaction completes QEP's exit from wood flooring manufacturing. The divestiture of these assets is another step in QEP's ongoing strategic plan to add scale to growing its core brands of flooring-related tools, adhesives, underlayment and accessory products. Additionally, it is important to recognize the incredible efforts of so many cross-functional employees during this transitional period. Our people are truly the strength of QEP." In connection with this transaction, the Company has entered into Amendment No. 5 to the Fifth Amended and Restated Loan and Security Agreement, Waiver, Consent and Release dated February 15, 2021 with its lending institution, Bank of America, N.A.
LPTH

Hot Stocks

08:48 EDT LightPath completes expansion, renovation of Orlando facility - LightPath Technologies announced the completion of the Company's expansion and renovation of their facility in Orlando. With over $5 million invested, the facility's total footprint grew from 34,000 square feet to 55,000 square feet. Within the expanded footprint, the Company was able to nearly triple its cleanroom space from 4,000 square feet to 11,700 square feet, increasing the Company's capacity to support the strategically important assemblies and camera sub-systems businesses. The two Orlando facilities were consolidated into one as part of the renovation, streamlining manufacturing processes. In addition, 6,500 square feet was added to dedicated engineering space, with most of that composing lab space. Additional room to expand glass manufacturing, including coating and assembly, was prepared for future use.
ESTE PR

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08:47 EDT Earthstone Energy announces expiration of Hart-Scott-Rodino act waiting period - Earthstone Energy (ESTE) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the previously-announced agreement for Permian Resources Corporation (PR) to acquire all outstanding shares of Earthstone at an exchange ratio of 1.446 shares of Permian Resources for each Earthstone share. The expiration of the HSR Act waiting period occurred at 11:59 p.m. EDT on October 2, 2023, which was a condition to the closing of the pending transaction.
BKTI

Hot Stocks

08:47 EDT BK Technologies receives purchase order for BKR 9000 - BK Technologies received a purchase order from the Sandoval County Office of Emergency Management valued at $963,0000, for its BKR 9000 multiband radio. The purchase was made through Advanced Communications and Electronics of Albuquerque, New Mexico, an authorized dealer of BK Technologies communications technology.
BTCY

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08:46 EDT Biotricity files patent application or Biotres device - Biotricity announced the filing of a patent application for its Biotres device. This patent protects Biotres' proprietary 3 channel technology, multiple sensors, architecture and compact form factor, a combination that has never been done before. Up until now, compact devices have lacked multiple channels, reducing the quality of diagnosis. Biotres is an invention that marks a significant advancement in remote patient monitoring and cardiac care. This filing expands the Company's IP portfolio while increasing market barriers.
YTEN

Hot Stocks

08:46 EDT Yield10 Bioscience completes harvest of majority 2023 winter, spring Camelina - Yield10 Bioscience announced that the harvest of a majority of the winter and spring Camelina sativa grain produced under grower contracts in 2022/2023 has been completed. This harvest marks the establishment of the Company's "Camelina Seed Genetics to Biofuel" platform, as the Camelina grain is being delivered to an offtake partner that has crushed the grain and refined the oil into biofuel. As a result, Yield10 has begun generating revenue from Camelina grain delivery for the production of feedstock oil for sustainable transportation fuels. "We are extremely pleased to achieve this milestone of generating revenue by commercializing our 'Camelina Seed Genetics to Biofuel' platform," said Oliver Peoples, Ph.D. President and Chief Executive Officer of Yield10 Bioscience. "This was achieved through the commitment and dedication of the Yield10 team working closely with growers as partners. As we have transitioned to the commercialization of Camelina, we can now turn our focus to building the technology foundation to accelerate grower adoption of Camelina for the biofuels market. We believe that our herbicide tolerant Camelina varieties, currently progressing through development, regulatory review and scale-up, will play a vital role in our strategy to grow acreage substantially over time. We remain focused on meeting our future commercialization goals and plan to continue revenue generation and ultimately to fully realize our vision for Yield10."
RGTI

Hot Stocks

08:45 EDT Rigetti Computing awarded DARPA IMPAQT contract - Rigetti Computing announced that it was awarded a Defense Advanced Research Projects Agency, DARPA project as part of the Imagining Practical Applications for a Quantum Tomorrow, IMPAQT, program to advance the state-of-the-art in quantum algorithms for solving combinatorial optimization problems. Rigetti's project, "Scheduling Problems with Efficient Encoding of Qubits," SPEEQ, seeks to develop a novel and efficient encoding of optimization problems onto qubits, with the goal of enabling larger problems to be mapped to currently available NISQ-era quantum computers. The project will specifically address scheduling problems, which are among the best-known and most pervasive types of combinatorial optimization problems across numerous industries, as well as some of the most challenging to solve. "One of Rigetti's main goals is to develop practical applications for quantum computing. Being selected to work on the DARPA IMPAQT program gives us the opportunity to go further with our algorithm research, in this case with optimization problems - a class of problems with a broad impact on society. Advancements in algorithms for hybrid quantum-classical quantum computing systems will be very important in reaching narrow quantum advantage," says Dr. Subodh Kulkarni, Rigetti Chief Executive Officer.
EXAI

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08:44 EDT Exscientia provided an update on its pipeline prioritisation strategy - Exscientia provided an update on its pipeline prioritisation strategy designed to further strengthen the Company's focus, investment and infrastructure on programmes of greatest potential for differentiation and value creation. Exscientia has built a highly efficient and versatile AI-led drug discovery platform. To date, its platform has yielded eight differentiated clinical development candidates across a variety of therapeutic areas, and at a pace that is substantially faster than current industry standards. The Company anticipates its capabilities will continue to grow, driven by recent investments in automation as well as other leading technological and scientific advancements which may further accelerate pipeline growth. In this context, the Company intends to prioritise its internal development efforts and focus its resources on the most differentiated, highest value oncology targets within its portfolio, such as LSD1 and CDK7. This strategic focus is designed to allow Exscientia to maximise its pipeline value and output while continuing to develop novel technologies to transform drug discovery and development. In addition, it will enhance operational and financial efficiency with a cash runway well into 2026. "Exscientia creates value by using technology to solve previously unsolved discovery challenges and achieving great data-driven operating efficiency," said Professor Andrew Hopkins FRS FMedSci, founder and Chief Executive Officer of Exscientia.
WULF

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08:43 EDT TeraWulf self-mines 329 bitcoin in September - TeraWulf provided an unaudited monthly production and operations update for September 2023. September 2023 Highlights: Self-mined 329 bitcoin in September with an average production rate of 11 bitcoin per day. Generated approx. $6.5 million of free cash flow in Q3 2023, which will be used to repay debt, thereby reducing the Company's future interest payments and total cost to mine bitcoin. Power cost averaged $9.9k per bitcoin produced, or approximately $0.035/kWh in September. "During the month of September, the Company mined 329 bitcoin, consistent with August's bitcoin production despite unfavorable network factors including a 2.7% increase in network difficulty month over month," said Sean Farrell, SVP of Operations at TeraWulf. "We are committed to being a responsible load resource, and while operating performance was optimized at the Lake Mariner and Nautilus facilities during the month due to enhanced miner repairs, these efficiency benefits were offset by facility downtime at Lake Mariner due to demand response activity earlier in the month," added Farrell.
FMST

Hot Stocks

08:43 EDT Foremost Lithium to complete LiDAR survey on Peg North property - Foremost Lithium Resource & Technology announced that EarthEx Geophysical Solutions Inc. will commence LiDAR surveying at the Company's Peg North property the week of October 9, 2023. The upcoming LiDAR survey on the Peg North claim block will complete the collection of LiDAR and high-resolution magnetics over the entirety of Foremost's "Lithium Lane" properties in the Snow Lake area, including its Jean Lake, Grass River, Zoro and Peg North properties. Foremost has flown a total of 7,472.7-line km of drone-borne magnetics, using the exMAG system over its entire 43,000+ acres/17,500 ha land package. The drone magnetometer surveys were flown with a flightline azimuth of 070degrees and flight-line spacing of 25m. Tie lines were established at 250m spacing. "Completing the LiDAR surveying over the entirety of our Lithium Lane properties is an important development for our exploration program," said Jason Barnard, President and Chief Executive Officer of Foremost Lithium. "Utilizing aerial drone surveys to better understand the structural details both above and below surface enables us to prioritize the best targets for future drilling. This approach is effective on our large, 43,000-acre district-scale Lithium Lane properties. We look forward to sharing the results from the final LiDAR survey on Peg North once it is completed."
RGF

Hot Stocks

08:42 EDT Real Good Food releases U.S. SPINS retail scanner performance data - The Real Good Food Company released the U.S. SPINS retail scanner performance data across all its products from the most recent period ending September 10th, 2023. For perspective, SPINS data captures consumption data in the Food, Drug and Mass retail channel, which represents approximately 50% of the Company's sales. Real Good Foods posted record dollar sales of $9.94 million in the four-week period ending September 10th, representing 27% growth compared to a year ago. For perspective, both the $9.9 million and 27% year over year growth represent significant acceleration compared to the 13, 26 and 52 week period. Furthermore, the company continues to expect the growth rates to continue to accelerate for the remainder of the year owing to the strong momentum. The overall Frozen category was down 0.4% over the four-week period. The Health & Wellness Frozen Food subcategory, which includes Health and Wellness focused brands like Real Good Foods, grew modestly at 0.7% over the four-week period. The Real Good Foods brand in total grew 27% over the four-week period compared to a year ago, and 73% compared to two years ago. Real Good Foods base product velocities grew 20% compared to a year ago and total distribution points grew 13% compared to a year ago. Bryan Freeman, Executive Chairman at Real Good Foods, said: "These results demonstrate the rapidly growing Consumer and Retailer demand for our products across all our strategic platforms - Breaded Chicken, Global Entrees, and Breakfast. Consumers are realizing that by buying our products, they can enjoy the foods they love without loading up on sugar or processed carbohydrates. Today, 88% of U.S. consumers are struggling with metabolic health conditions related to diet, and it is important these consumers have healthier options. Our mission is to drive access and simply help people feel better every day, and live healthier lives."
ASPI

Hot Stocks

08:42 EDT ASP Isotopes issues letter to shareholders - ASP Isotopes released the following letter to shareholders from its Chairman and CEO, Paul Mann. "At the end of the 3rd quarter, I want to summarize the year-to-date progress and discuss our future goals. We have made significant progress during the first nine months of 2023, completing the construction of our first isotope enrichment plant and signing two supply contracts with North American customers for greater than $11.5 million in expected aggregate revenue for future supply of Carbon-14 and other highly enriched isotopes. In addition, we recently incorporated new subsidiaries in the United States and the United Kingdom to focus on producing HALEU and Lithium-6. These two isotopes are essential to meeting longer-term global climate goals. Our accomplishments during the first nine months of 2023, outlined above, have the potential to generate a substantial amount of free cash flow for the company during 2024... Last week, we announced our strategy to enter the nuclear fuel market with the formation of new U.S. and U.K subsidiaries called Quantum Leap Energy and a Memorandum of Understanding with a leading global Small Modular Reactor Company... We expect to enrich uranium and lithium using our Quantum Enrichment Process, a proprietary technique developed by our scientists to enrich isotopes using lasers... Importantly for ASPI shareholders, our discussions with SMR companies assume that there will be significant financial support in the construction of HALEU production facilities.. It is currently anticipated that the Company will consider plans for a future spin-off of the QLE business to ASPI shareholders so that our shareholders will then benefit from ownership in two entities: ASP Isotopes Inc. and Quantum Leap Energy... The market for isotopes is at an inflection point from both a demand and a supply perspective. We intend to position ASPI and QLE as a trusted supplier of existing isotope products and those of the future."
OSIS

Hot Stocks

08:41 EDT OSI Systems announces 10-year screening solutions contract to Uruguay - OSI Systems announced that its Security division has entered into a 10-year contract to provide a turnkey screening solution to Uruguay's Ministry of Economics and Finance for customs screening applications at ports and borders. The Company is expected to deploy and integrate EAGLE T60 high-energy, trailer-mounted vehicle inspection systems, perform security screening and remote image analysis utilizing its proprietary CertScan integration platform, and provide hands-on operator and management training and maintenance, service and support. OSI Systems CEO Deepak Chopra commented, "We are excited to add another important customer to our roster of turnkey screening programs and cargo inspection infrastructure initiatives. Through this partnership, we are bringing our critical operational expertise and advanced technology security solutions to Uruguay, which are designed to provide efficiency for customs clearance processing at ports and borders. We are committed to assisting Uruguay emerge as a benchmark in regional customs operations with this initiative."
BRQS

Hot Stocks

08:40 EDT Borqs Technologies to expand IoT device businesses in Africa - Borqs Technologies is actively engaged in business development with partners to manufacture smart IoT devices for the African market. The smart IoT devices, mainly mobile phones, will be leased to local users in Africa from a local leasing company. These devices are built with advanced security software to prevent fraud and theft.
LNTH...

Hot Stocks

08:40 EDT Lantheus jumps after Eli Lilly agrees to buy Point Biopharma - Shares of Lantheus (LNTH) are up $8.35, or 12% to $76.00 in pre-market trading after Eli Lilly (LLY) announced a definitive agreement to acquire Point Biopharma (PNT) for a purchase price of $12.50 per share in cash payable at closing. Lantheus holds a worldwide license for Point's 177Lu-PNT2002 for the treatment of metastatic castration resistant prostate cancer.
FEMY

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08:39 EDT Femasys announces completion of MDSAP surveillance audit - Femasys has completed the annual Medical Device Single Audit Program surveillance audit with no nonconformances and no findings. Femasys currently holds Certificates of Registration for MDSAP from TUV SUD America Inc., a recognized Auditing Organization and Notified Body that conducts a single regulatory audit of medical device manufacturers that satisfies the relevant harmonized regulatory requirements for the countries participating in the MDSAP program, and ISO 13485 Quality System Certification for the commercialization of Femasys products in the U.S., Canada and Japan with the ability to register for market authorization in Australia and Brazil.
IRON

Hot Stocks

08:39 EDT Disc Medicine initiates Phase 1 study of DISC-3405 - Disc Medicine announced the initiation of a Phase 1 study of DISC-3405 in healthy volunteers. DISC-3405 is a monoclonal antibody designed to target TMPRSS6 to increase hepcidin and decrease iron. "The initiation of this trial marks the third program that Disc has brought into the clinic and strengthens our position as leaders in the field of hepcidin biology and iron homeostasis. We believe DISC-3405 has potential across a broad range of diseases where restricting iron may have therapeutic benefit, such as polycythemia vera, iron overload conditions, and other diseases. We look forward to pursuing those indications upon the completion of this trial," said John Quisel, J.D., Ph.D., President and Chief Executive Officer of Disc. "This milestone comes at an exciting time for us, as we plan to share data updates from ongoing clinical studies of our other two programs, bitopertin and DISC-0974, later this year."
KA

Hot Stocks

08:38 EDT Kineta announces KVA12123 data from Phase 1/2 VISTA-101 trial - Kineta announced an update on its ongoing Phase 1/2 clinical trial evaluating KVA12123 in patients with advanced solid tumors. KVA12123, Kineta's immuno-oncology drug targeting VISTA, cleared the first three monotherapy dose levels and was well tolerated with no dose limiting toxicities or cytokine related adverse events observed. Additionally, KVA12123 exhibited a greater than dose-proportional pharmacokinetic profile achieving greater than 90% VISTA receptor occupancy across patients in the 30 mg dosing cohort. The VISTA-101 trial enrolled 11 patients with advanced solid tumors in the first three monotherapy dose-escalation cohorts, where subjects received either 3, 10 or 30 mg of KVA12123 by intravenous infusion every two weeks. Primary objectives of the Phase 1/2 study are to evaluate the safety and tolerability of KVA12123 and to determine the recommended Phase 2 dose. Patients enrolled in the study were heavily pretreated with multiple prior lines of therapy including chemotherapy, radiation, and immunotherapy. In the first three monotherapy cohorts, KVA12123 was well tolerated at all doses and no DLTs were observed. Furthermore, as KVA12123 was engineered to mitigate adverse events associated with cytokine release syndrome, the study is closely monitoring proinflammatory cytokines that are associated with CRS in the Phase 1 portion of the study. No evidence of CRS or proinflammatory cytokine induction have been observed at any dose level with KVA12123 in the initial cohorts. To guide the RP2D decision, Kineta developed a proprietary assay to evaluate VISTA RO on immune cells from patients treated with KVA12123. Greater than 90% VISTA RO was achieved at the 30 mg dose. Furthermore, pharmacokinetic analyses demonstrated a greater than dose-proportional increase in drug exposure across all evaluated doses, consistent with target-mediated drug disposition at lower doses. Competitive therapies targeting VISTA have demonstrated either poor monotherapy anti-tumor activity in preclinical models or induction of CRS in human clinical trials. Through the combination of unique epitope binding and an optimized IgG1 Fc region, KVA12123 demonstrates strong monotherapy tumor growth inhibition in preclinical models without evidence of CRS in clinical trial participants. KVA12123 effectively de-risks the VISTA target and provides a novel approach to address immune suppression in the TME with a mechanism of action that is differentiated and complementary with T cell focused therapies. KVA12123 may be an effective immunotherapy for many types of cancer including non-small cell lung, colorectal, renal cell carcinoma, head and neck, and ovarian cancer. The company will continue escalating monotherapy dose cohorts of KVA12123 in Part A and initiate Part B of the study to evaluate KVA12123 in combination with pembrolizumab. Initial monotherapy efficacy data are anticipated in Q4 2023 and will be presented, along with safety data, at an upcoming medical conference.
NNOX VREX

Hot Stocks

08:38 EDT Nano-X Imaging announces strategic manufacturing agreement with Varex Imaging - NANO-X IMAGING (NNOX) announced the entrance into a manufacture and supply agreement with Varex Imaging Corporation (VREX), under which Varex will supply X-ray tubes utilizing the Nanox digital X-ray source for the Nanox.ARC system. The agreement was entered into after Varex completed, over the last several months, an assessment of Nanox's novel digital X-ray source. "We are pleased to announce our manufacturing and supply agreement with Nanox. This agreement reflects our belief in the future importance of cold cathode technology," said Sunny Sanyal, Chief Executive Officer of Varex Imaging. Sanyal added, "Together, we aim to advance medical imaging technology, reduce costs and make a meaningful impact on global healthcare. We look forward to a fruitful and innovative journey ahead." Under the agreement, Nanox may order X-ray tubes from Varex for use in its Nanox.ARC system. Varex agreed to manufacture and supply the X-ray tubes in exchange for payment therefor in the form of a revenue-sharing fee based on the Company's pay-per-scan revenue from Nanox.ARC systems using Varex X-ray tubes worldwide. Subject to receipt of requisite local regulatory clearance, Nanox has also agreed to use Varex X-ray tubes in a minimum percentage of all Nanox.ARC systems that are deployed and operating.
OTLY

Hot Stocks

08:37 EDT Oatly Group announces entry into Meijer stores - Oatly Group announced new US retail distribution with Meijer, the family-owned Midwestern retailer known for convenient "one-stop" shopping. Oatly Original and Full Fat 64oz. chilled oatmilks are now available at all 265 Meijer locations, in addition to the Company's 32oz. shelf-stable Original and Barista Edition. "As we continue to grow our retail footprint throughout the US, Meijer represents an important step for us," said Mike Messersmith, President, Oatly North America. "Presence at the beloved Midwestern retailer allows us to introduce our oatmilk products to new customers and new audiences. We're excited for them to try Oatly and experience all the ways our products can be incorporated into their routines - from morning coffee, to cooking recipes, enjoying cereal and more."
COMM

Hot Stocks

08:36 EDT CommScope to sell Home Networks Business to Vantiva for a 25% stake - CommScope announced it plans to sell its Home Networks Business to Vantiva , formerly known as Technicolor. ..After assessing various strategic alternatives for the Home Networks business, CommScope determined that Vantiva is the best partner for this business. Under the terms of the transaction, which is expected to be completed in Q4 2023, CommScope will receive: a 25% stake in Vantiva a t closing; and an earnout of up to $100M, contingent upon Vantiva achieving EBITDA equal to or exceeding EUR 400M in a given year over a 5-year period and meeting certain other thresholds. This transaction structure allows CommScope to capture future upside from significant synergy value creation. CommScope will also have one representative join Vantiva's Board of Directors, highlighting its commitment to Vantiva's strategy. "For the past 2 years, we have methodically and thoughtfully considered the strategic alternatives for our Home Networks business which would provide the highest value for our shareholders and the best partner to support our customers. "...CommScope has granted Vantiva a binding call option to acquire the Home Networks business so as to permit Vantiva's works council to be informed and consulted prior to the exercise of the option as is required in France. We expect Vantiva to exercise the call option upon completion of the consultation period. The transaction is subject to the receipt of required regulatory approvals and approval by Vantiva shareholders.
ARE MRNA

Hot Stocks

08:36 EDT Alexandria Real Estate accelerates delivery of Moderna's new R&D center - Alexandria Real Estate (ARE) has accelerated delivery of 325 Binney Street to Moderna (MRNA). The Class A+ property currently under construction is now set to deliver in November 2023. Located on the Alexandria Center at One Kendall Square mega campus in Cambridge, the facility was selected by Moderna for its new global headquarters and core R&D operations. This development project is also expected to be delivered under budget. As of June 30, the company's highly leased value-creation pipeline is expected to drive future annual incremental NOI aggregating $605M through 2Q26.
SGHT

Hot Stocks

08:35 EDT Sight Sciences announces large-scale MIGS data - Sight Sciences announced the results of the large scale, comparative real-world clinical outcomes study of patients treated by three leading minimally invasive glaucoma surgery, MIGS, technologies, which were recently presented at the 41st Congress of the European Society of Cataract and Refractive Surgeons, ESCRS, in Vienna, Austria. Using the American Academy of Ophthalmology IRIS Registry, the largest specialty society clinical data registry in all of medicine and the first comprehensive eye disease clinical registry in the United States, this large-scale MIGS study evaluated long-term 2-year post-surgical outcomes among patients with glaucoma treated with the three most commonly used FDA approved/cleared ab interno MIGS devices in the U.S. combined with cataract surgery, as well as for cataract surgery alone. The primary treatment goal for the high baseline IOP group was IOP reduction, with a secondary goal to reduce medication burden. The primary treatment goal for the low baseline IOP group was to reduce medication burden. Clinical Outcomes: At 24 months, high baseline IOP patients who received the TCOR procedure using OMNI technology had: the greatest numerical reduction in IOP, and the greatest numerical reduction in medication use. At 24 months, low baseline IOP patients who received the TCOR procedure using OMNI technology had: the greatest numerical reduction in IOP, and a statistically significant greater mean medication reduction compared to all other treatment groups at 24 months
PPL

Hot Stocks

08:34 EDT PPL Corp. unit approved to deploy advanced metering functionality - PPL Corp. subsidiary, Rhode Island Energy, has received regulatory approval to deploy advanced metering functionality statewide as the company lays the foundation for a smarter, more resilient, more reliable and more dynamic grid that supports the state's leading climate goals. CEO Sorgi said PPL's experience deploying advanced metering functionality elsewhere will benefit Rhode Island Energy as it rolls out new metering infrastructure. Rhode Island Energy expects to begin installing the next-generation digital meters in late 2024 and to complete the deployment over the next three years. As part of its unanimous decision, the Rhode Island Public Utilities Commission authorized capital investments of up to $153M for this initiative.
BDRX

Hot Stocks

08:34 EDT Biodexa Pharmaceuticals completes recruitment of cohort A in study of MTX110 - Biodexa Pharmaceuticals announces that it has completed recruitment into cohort A of its ongoing Phase 1 study of MTX110 in patients with recurrent glioblastoma, rGBM. Following review by the Data Safety Monitoring Board, the dose was escalated to 90microM after the first patient in cochort A and, because there have been no dose-limiting toxicities, recruitment into this cohort has concluded with the minimum of four patients. Patient 1 received 13 treatment cycles over 19 weeks of study treatment period, whereas patient 2 received 10 cycles over 13 weeks of study treatment period; patient 3 has, to date, received five cycles of treatment. The fourth patient underwent surgery yesterday and will receive their first cyle of treatment imminently. Enrollment in cohort B will commence upon approval by the study DSMB, which is anticipated to be received towards the end of October 2023. In addition, the Company is planning to add two more investigational centres into the study with activation expected in December 2023 and January 2024, respectively. Commenting, Dr Dmitry Zamoryakhin, MD, MBA, CSO of Biodexa, said: "We are delighted to have concluded the recruitment of cohort A with the minimum number of patients based on the absence of drug-related adverse events. Cohort B of the study will provide a unique opportunity of continuous CED treatment after in-study tumour progression, which will be the first of its kind."
OSTK CWH

Hot Stocks

08:33 EDT Overstock.com appoints Marcus Lemonis to board of directors - The Board of Directors of Overstock.com (OSTK) has appointed Marcus Lemonis as its newest independent director, effective October 2, 2023. Lemonis is currently the Chairman and CEO of Camping World (CWH).
ACRX

Hot Stocks

08:32 EDT AcelRx receives FDA approval for pivotal study of Niyad - AcelRx Pharmaceuticals is advancing Niyad into a registrational study following the recent approval of an Investigational Device Exemption - IDE - submission to the FDA. This clinical trial will evaluate the safety and efficacy of Niyad to support a premarket approval application - PMA - expected to be submitted in the second half of 2024. The single study will consist of 166 adult patients undergoing renal replacement therapy who cannot tolerate heparin or are at risk for bleeding. If approved, Niyad would be the first-ever FDA-approved regional anticoagulant for the extracorporeal circuit in the U.S.
SKWD

Hot Stocks

08:32 EDT Skyward Specialty Insurance, eMaxx expand captives partnership - Skyward Specialty Insurance Group and eMaxx announced the expansion of their captives partnership. Skyward Specialty will provide strategic support and additional capacity for eMaxx's innovative variable Alternative Energy Warranty Products captive solutions. eMaxx's suite of warranty solutions support manufacturers, developers, and owners of renewable, alternative, and energy-efficiency projects by providing an insurance-backed captives solution covering product and performance shortfalls. The partnership will provide the captive participants with access to risk capital and best in class technical engineering-based underwriting and risk management to mitigate performance risk and improve the strength of manufacturer and contractor warranties.
ANIX

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08:32 EDT Anixa Biosciences granted additional U.S. patent for ovarian cancer vaccine tech - Anixa Biosciences announced that the U.S. Patent and Trademark Office has issued U.S. Patent Number 11,786,489, which broadens protection of Anixa's novel ovarian cancer vaccine technology. The patent, titled "Ovarian Cancer Vaccines", was invented by the late Dr. Vincent Tuohy of Cleveland Clinic and covers nucleic acid-based delivery of the vaccine. Anixa exclusively licensed the technology from Cleveland Clinic and is developing the technology in partnership with the not-for-profit, multispecialty academic medical center.
ALVO

Hot Stocks

08:30 EDT Alvotech, Kashiv Biosciences enters exclusive licensing agreement for ADL018 - Kashiv Biosciences and Alvotech announced that they have entered into an exclusive licensing agreement for ADL018, a proposed biosimilar to Xolair, which is in clinical development. The agreement covers all 27 countries of the European Union, the UK, Australia, Canada, and New Zealand. Under terms of the agreement, Alvotech will receive an exclusive license to commercialize ADL018, which will be developed and manufactured by Kashiv. Kashiv will receive an upfront payment and is eligible for subsequent milestone payments and royalties.
CG

Hot Stocks

08:25 EDT Acentra Health awarded $52.3M contract from U.S. VA - The U.S. Department of Veterans Affairs, VA, has awarded Acentra Health, a company backed by Carlyle, a three-year, $52.3 million contract to support claims adjudication, provider access, data analytics, and visualization for its Financial Services Center, FSC. The FSC, located in Austin, Texas, is a franchise fundorganization in the VA. The contract builds on Acentra Health's existing body of technology-enabled services and solutions work for the FSC, dating back to 2017. "We are grateful to the FSC for recognizing our track record of providing timely, accurate claims processing and for continuing our partnership to improve health outcomes for the FSC's federal clients," said Todd Stottlemyer, CEO, Acentra Health. "The FSC's mission is to provide high-quality financial services, exceed the expectations of federal clients, inspire their trust, and empower them to focus on their core missions. We look forward to continuing to partner with them to achieve these important outcomes."
AYRO

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08:23 EDT Ayro awarded patent for user-tailored vehicle seat fabrication technology - Ayro announces that it has been issued U.S. Patent No. 11752902 from the U.S. Patent and Trademark Office for "Vehicle Seating System and Methods Thereof." The utility patent represents another milestone for AYRO as the Company seeks to develop new innovations in operator-customized seat designs for its vehicles. "AYRO aims to set the standard for sustainability - not an aspirational goal but at the very heart of everything we do, from design and sourcing to manufacturing and vehicle operating parameters," noted Tom Wittenschlaeger, CEO of AYRO. "But achieving true sustainably does not mean sacrificing comfort or aesthetics. This patent is representative of our team's commitment to creating low-speed electric vehicles that are highly functional, sustainable and ideal for a wide range of uses.
RCRT

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08:23 EDT Recruiter.com closes transaction with Futuris - Recruiter.com Group announced that the acquisition of its specialized healthcare staffing business by Futuris Company closed on October 1, 2023. The closing comes after the receipt of all necessary client approvals, marking the finalization of the transition of specific client contracts to Futuris or its related entities. As initially outlined, the transaction includes Futuris stock valued at $500,000 and a share of ongoing gross profits, capped at $2 million.
MCHP

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08:21 EDT Microchip's Radiation-Tolerant PolarFire FPGA achieves QML Class Q qualification - The company said, "Products that have Qualified Manufacturers List designations are often the most trusted and readily accepted in space program designs. As designated by the Defense Logistics Agency, the RT PolarFire FPGA from Microchip Technology is now QML Class Q qualified. This certification is considered the gold standard in entry-level qualification, enabling designers to begin integrating the RT PolarFire FPGA into their space flight systems more easily. Because QML qualifications are standardized based on specific performance and quality requirements governed by the DLA, customers can streamline their design process by using QML-qualified products."
EFSH

Hot Stocks

08:21 EDT 1847 Holdings regains compliance with NYSE American continued listing standards - 1847 Holdings announced that on October 2, 2023, the Company received written notice from the NYSE American LLC stating that the Company has regained compliance with the continued listing standards set forth in Part 10 of the NYSE American Company Guide. Ellery Roberts, CEO of 1847, commented, "We are pleased to have regained compliance with the NYSE American's continued listing standards, and remain focused on the continued execution of our strategic plan. We remain on track to achieve $90 million in sales in 2023, and our cash flow continues to improve, which should allow us to resume dividends and opportunistically repurchase stock in the future, subject to establishing a stock buyback plan and future market conditions. Overall, we have built a highly scalable business model, and maintaining our listing will support our strategy to acquire additional accretive, cashflow positive companies at attractive multiples in order to maximize returns for our shareholders."
OCEA AZN

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08:20 EDT Ocean Biomedical announces ability to restore treatment sensitivity Osimertinib - Ocean Biomedical (OCEA) announced that its cancer-targeting immunotherapy antibody candidate has demonstrated effective tumor reduction against an aggressive subset of Non-Small Cell Lung Cancer, NSCLC, with Epidermal Growth Factor Receptor, EGFR, mutations. These research findings generated by Ocean's Scientific Co-founder Dr. Jack A. Elias and colleagues from Yale University and Brown University, and first published as a preprint last week in bioRxiv, are the first to uncover the role of Chitinase 3-like-1 in the pathogenesis of EGFR-mutant cancers, with potential applications not just in NSCLC, but in all EGFR-mutant cancers, including glioblastoma and colon cancer. The studies demonstrate the ability of Ocean Biomedical's cancer-targeting immunotherapeutic antibody to control the growth of human tumor cells with EGFR mutations by suppressing CHI3L1 activity. Additionally, the findings demonstrate a stunning ability to restore therapeutic sensitivity to current tyrosine kinase inhibitor therapies after resistance sets in, including the third-generation TKI, Osimertinib, marketed as Tagrisso by AstraZeneca (AZN). In mouse model testing in combination with Osimertinib, Ocean's antibody was shown to stop human tumor progression by inducing tumor cell death and stimulating tumor suppressor genes. In these findings, the role of CHI3L1 in EGFR-mutant lung cancer is described for the first time. Ocean Biomedical's cancer immunotherapy candidate demonstrates potential use in EGFR-mutant cancer immunotherapy in multiple ways: 1) as a stand-alone therapy 2) as a combination therapy with current TKI inhibitors, and 3) as a "salvage therapy" in combination with TKI inhibitors like Osimertinib-potentially extending their therapeutic life.
DNUT

Hot Stocks

08:20 EDT Krispy Kreme jumps after saying looking for alternatives for Insomnia Cookies - Krispy Kreme jumped 40c to $12.82 per share in pre-market trading after the company said it is exploring strategic alternatives for Insomnia Cookies, to include considering an all-cash sale. Krispy Kreme acquired a majority stake in Insomnia Cookies in 2018 and expects revenues of approximately $230M in fiscal year 2023. "We acquired a majority stake in Insomnia Cookies to build our e-commerce and digital capability as well as assist Insomnia's U.S. and International expansion. Both efforts have been successful and it's time for the next strategic step for both companies," said Mike Tattersfield, Krispy Kreme CEO.
SYNH

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08:18 EDT Syneos Health appoints Colin Shannon as CEO - Syneos Health announced that Colin Shannon has been appointed CEO, effective immediately. Shannon succeeds Michelle Keefe, who will continue her tenure with Syneos Health as a key member of the Executive Leadership Team. Shannon and Keefe will remain on the Board of Directors. Shannon brings decades of leadership experience driving growth at global biopharmaceutical solutions organizations. During his 14 years at PRA Health Sciences, Shannon served in executive roles, most recently as Chairman and CEO.
CDAY

Hot Stocks

08:16 EDT Ceridian announces plans to transition company's brand to Dayforce - Ceridian announced plans to transition the company's brand to Dayforce, expected to become effective January 2024. Dayforce is the company's flagship HCM platform. The focus on the Dayforce brand signals the ambitions and opportunity of the company - to increase its leadership in cloud HCM as it enables more organizations to realize their full people potential, operate with confidence, and unlock quantifiable value. The announcement was made at INSIGHTS 2023, the company's annual customer conference being held in Las Vegas and livestreamed online. "Dayforce represents our products, company, and community at their best, so it is only fitting that we are doubling down on the brand as we look to accelerate our growth as the go-to global people platform," said David Ossip, Chair and Co-CEO, Ceridian, "With Dayforce as our unified brand, we not only create clarity for organizations already navigating the workforce complexity crisis, but we further unite our employees and ecosystem to advance our shared ambition to make work life better."
LTRN

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08:16 EDT Lantern Pharma:Data on for LP-184 for GBM published in Clinical Cancer Research - Lantern Pharma announced that in vivo data highlighting the enhanced efficacy of Lantern's drug candidate LP-184 in glioblastoma were published in Clinical Cancer Research, a journal of the American Association for Cancer Research. LP-184 is a unique small molecule with low nanomolar activity and favorable CNS penetration. LP-184 utilizes its powerful mechanism of action, known as synthetic lethality, to exploit common vulnerabilities in solid tumor and CNS cancers with DNA damage repair deficiencies. In addition, Lantern's AI platform, RADR has highlighted overlapping gene dependency profiles between GBM tumorigenesis and sensitivity to LP-184, such as EGFR activation pathways. "The data highlighted in Clinical Cancer Research solidify LP-184 as a promising therapeutic for GBM, with LP-184 having inhibited the viability and growth of multiple GBM models including temozolomide-resistant and MGMT-expressing cells," stated Panna Sharma, Lantern's President and CEO.
VERX

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08:15 EDT Vertex announces initial findings from benchmarking study on Oracle customers - Vertex shared initial findings from a benchmarking study which reveals several performance improvements experienced by Oracle customers leveraging Vertex indirect tax solutions on Oracle Cloud Infrastructure. Vertex and Oracle's global customers process hundreds of millions of transactions per month on OCI. Customers hosting Vertex solutions on OCI reported an overall performance increase of 35%. The same customers also reported an average performance increase of 20% in Accounts Receivable processing and 14% in Accounts Payable processing. Additionally, customers using the Vertex Accelerator on OCI have reported the ability to set up and configure their Oracle ERP and Vertex O Series tax engine in a matter of minutes delivering a faster time to "Go Live."
NOK

Hot Stocks

08:15 EDT Nokia launches AIMS with Graybar - Nokia announced it is launching Autonomous Inventory Monitoring Service, AIMS, with Graybar, a Fortune 500 company and one of the largest distributors of electrical, communications and data networking products in North America. Nokia AIMS improves the accuracy and efficiency of cycle counting for warehouse operators by using autonomous drones. The drones safely navigate through a warehouse, scanning inventory on shelves, then share up-to-date results and analytics with warehouse managers. Graybar has signed a commercial deal with Nokia using AIMS to enhance its existing inventory management capabilities with this technology. Graybar has also purchased Nokia Digital Automation Cloud to help improve the connectivity in its warehouses.
FERG ENGIY

Hot Stocks

08:14 EDT Ferguson, Engie collaborate on new renewable energy project - Ferguson (FERG) and ENGIE North America announced a 65 MW Virtual Power Purchase Agreement, VPPA, from ENGIE's Century Oak wind project located in Callahan County, Texas, 160 miles west of Dallas. This VPPA between ENGIE and Ferguson, a leading value-added distributor providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, is expected to generate enough clean wind power to match a significant portion of Ferguson's annual electricity use in the United States and Canada. The agreement with ENGIE, a subsidiary of ENGIE S.A. (ENGIY), a global leader in the transition to renewable energy, is part of Ferguson's strategy to reduce its environmental footprint through fleet management, energy-efficient upgrades across its facilities, investing in onsite solar and seeking offsite renewable energy opportunities.
MAIA

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08:14 EDT MAIA Biotechnology announces FDA clearance of THIO IND application - MAIA Biotechnology announced that the FDA has cleared its Investigational New Drug, or IND, application for THIO to be evaluated in the U.S. as part of THIO-101, the Company's ongoing global phase 2 clinical study in patients with advanced Non-Small Cell Lung Cancer, or NSCLC. THIO is being tested in sequential combination with Regeneron's anti PD-1 monoclonal antibody cemiplimab to evaluate anti-tumor activity and immune response in NSCLC patients.
GALT

Hot Stocks

08:13 EDT Galectin Therapeutics reports DSMB concludes NAVIGATE can continue as designed - Galectin Therapeutics reported the positive outcome of its fourth data and safety monitoring board meeting for NAVIGATE, its seamless, adaptive, Phase 2b/3 study of belapectin in patients with portal hypertension caused by non-alcoholic steatohepatitis liver cirrhosis. NAVIGATE is the first study of its kind and is a global effort that randomized 357 patients in 14 countries on five continents. The main efficacy objective is the primary prevention of esophageal varices. Interim topline data from the Phase 2b portion of NAVIGATE is expected in the fourth quarter of 2024. Patients enrolled in the study have liver cirrhosis caused by NASH and, because of the advancing cirrhotic process, have already developed portal hypertension but have not yet developed esophageal varices as a complication of portal hypertension. Portal hypertension is the consequence of the unrelenting inflammatory and fibrotic process occurring in the liver and dramatically increases the risk of developing esophageal varices, a potentially life-threatening complication of liver cirrhosis. The objective of this fourth independent DSMB was to further review the emerging tolerance and safety profiles of belapectin. Based on its deliberation, which included an unblinded review of the data collected thus far, the DSMB concluded that NAVIGATE can continue as designed, without modifications.
SLE

Hot Stocks

08:11 EDT Super League Enterprise reports preliminary Q3 revenue $7M, consensus $6.52M - Super League announced preliminary third quarter revenue grew approximately 55% from the year ago comparable period to a record-breaking quarterly revenue level of approximately $7.0 million. Ann Hand, Chief Executive Officer of Super League, commented, "This notable revenue growth is truly a testament of our ability to win over brands aiming to gain traction with the elusive younger audience with an innovative one-stop-shop for virtual worlds. We continue to deliver step change revenue growth with this achievement of record level third quarter 2023 revenue. While the past few months have been incredibly challenging from a capital markets perspective, we have taken the necessary actions to position Super League for a sustainable future. Super League is positioned to benefit from multiple factors including the developing experiential gaming market opportunity, our operating strategy fueled by diverse revenue streams and a healthy pipeline of advertising and publishing partnerships. Recently, company insiders including myself have taken the opportunity to further increase our ownership in Super League to capture the value based upon what we view as a meaningful discount of our share price by the market. Additionally, our shareholder approved 1-for-20 reverse stock split has functioned as appropriate to effectively permit Super League to remain in compliance with the Nasdaq for continued listing on the exchange. We appreciate the support of our shareholders through this process and will continue to closely monitor our good standing while focusing on our capital position and growth objectives."
PEGR

Hot Stocks

08:10 EDT Project Energy Reimagined Acquisition to combine with Heramba GmbH - Project Energy Reimagined Acquisition and Heramba GmbH, a special-purpose company focused on investing in companies with technologies and capabilities that can accelerate the decarbonization of commercial transportation, have entered into a definitive agreement for a proposed business combination which values the combined company at a pro forma implied enterprise value of approximately $450M. Upon closing of the business combination, the combined company's securities are expected to be listed on Nasdaq. In August, Heramba Electric entered into a definitive agreement to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation, which is expected to close in Q4. Kiepe Electric has over 500 employees operating in six countries around the world and, in 2022, revenues in excess of $120M. The business combination reflects a pro forma implied enterprise valuation of approximately $450M. Consideration will be 100% in the form of rollover shares and the Business Combination is expected to provide approximately $113M of gross proceeds. The combination is expected to close in 1Q24, subject to the consummation of the Kiepe Acquisition and other customary closing conditions, including the approval of PERAC's shareholders.
IQV ARGX

Hot Stocks

08:10 EDT Iqvia enters pact with Argenx to provide safety systems, services - Iqvia (IQV) announced a strategic collaboration with Argenx (ARGX) to advance treatment to patients with rare autoimmune diseases through innovative and integrated technology-enabled pharmacovigilance, or PV, safety services and solutions. Iqvia's integrated PV services and technology platforms will support Argenx to enable efficient integration of safety data and adverse event identification and reporting, ultimately facilitating the delivery of new therapies to patients. The integration of safety data, operational processes and business acumen will support argenx to scale its PV and safety organization alongside future company growth. This builds on Iqvia and Argenx's existing collaboration which focuses on the accelerated expansion of clinical development and commercialization of new indications.
ALHC CART

Hot Stocks

08:10 EDT Alignment Healthcare, Instacart launch co-branded Medicare advantage plans - Alignment Healthcare (ALHC) announced an agreement with Instacart (CART) to offer co-branded MA plans in 2024, making nutritious food more accessible to seniors with chronic illnesses in 13 counties across California and Nevada, pending regulatory approvals.1 The agreement with Alignment is Instacart's first with a Medicare Advantage plan through the company's Instacart Health initiative. "Our agreement with Instacart brings nutritious food directly to the doorsteps of our chronically ill members, helping to address two of the biggest hurdles today's seniors face," said Dawn Maroney, president, markets of Alignment Healthcare, and CEO of Alignment Health Plan. "Knowing some of our members reside in food deserts, opening access to nutritious food is even more important. Instacart Health's food access and food as medicine programs align with our strong commitment to addressing the holistic health of our seniors to drive positive health outcomes." In California, three co-branded plans will be offered for coverage starting Jan. 1, 2024, in Los Angeles, Marin, Orange, San Diego, San Francisco, Santa Clara and Stanislaus counties.2 Eligible Nevadans in Carson City and Clark, Douglas, Nye, Storey and Washoe counties can select the Alignment Health Platinum + Instacart HMO plan.
CHGG

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08:08 EDT Chegg announces Dana Underwood as Chief Product Officer, effective Oct. 2 - Chegg announced that Dana Underwood has joined the company as Chief Product Officer, effective Oct. 2. In this new role, Dana will be responsible for elevating Chegg's student experience, driving its product execution, and leveraging the power of AI to expand who the company serves and how it serves them. He will also lead the company's learning pathways, research, design, and product management teams, as well as student advocacy.
ASO

Hot Stocks

08:08 EDT Academy Sports opens new store in Fredericksburg, VA - Academy Sports is excited to announce the opening of its second location in Virginia. Located in Fredericksburg, Va. at 1320 Carl D. Silver Parkway, the over 77,000-square-foot store brings a wide assortment of sports and outdoors merchandise to the area. This marks the sixth store Academy has opened in 2023. Academy plans to continue its expansion efforts with the goal of opening a total of 120 to 140 new stores by the end of 2027.
ALIM

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08:08 EDT Alimera Sciences appoints Jason Werner as COO - Alimera Sciences announced the appointment of Jason Werner, COO, effective October 2, 2023. In conjunction with this appointment, Dr. Philip Ashman, previously Alimera's Chief Operating Officer and Senior Vice President, Commercial Operations Europe, was appointed President of International Operations. Werner has served as a director of Alimera since Q2 2023. Prior to joining Alimera's management team he has served as the Chief Executive Officer and Board Member of SightStream Biotherapeutics.
PATH

Hot Stocks

08:08 EDT UiPath announces enhanced partnership with Apprio - UiPath announced an enhanced partnership with Apprio, a provider of specialized technology and service solutions for hospitals and health systems, to bring managed automation services to midmarket healthcare organizations. With this partnership, UiPath will leverage Apprio's capabilities and proven track record in automating critical revenue cycle management functions that bring a return on investment to hospitals and health systems. As Apprio continues to expand its technology-forward approach for the optimization of revenue cycle processes, UiPath advances the company's capabilities in leading the transformation and modernization of the healthcare industry to improve operational and financial performance.
KPLT

Hot Stocks

08:07 EDT Katapult chosen by Casper to expand consumer access to sleep products - Katapult is entering a dynamic new partnership with Casper, the innovative leader in sleep products. Under the terms of the partnership, Casper has integrated Katapult's innovative lease-to-own solution into its payment checkout flow. Casper and Katapult expect this collaboration to unlock purchasing power for many underserved consumers who don't have access to traditional financing options. "We are pleased to join forces with Casper in order to make their durable goods such as mattresses and bedroom furniture more accessible to underserved consumers," said Orlando Zayas, CEO of Katapult. "Our lease-to-own option is an excellent choice for merchants who want to empower the millions of consumers who are routinely overlooked by traditional financing options. We believe that Casper chose Katapult because our track record speaks for itself: we have high net promoter scores and customer repeat purchase rates, demonstrating that consumers who know Katapult - love Katapult. Our mission is to enable consumers to get the durable goods they need and to connect merchant-partners with a growing base of engaged and loyal consumers, and we believe this partnership is another example of how we are bringing our mission to life."
ORYZF

Hot Stocks

08:07 EDT Oryzon Genomics receives two grants to explore role of epigenetic targets - Oryzon Genomics announced the granting, through a provisional resolution proposal, of two aids within the Spanish research plan 2021-2023 for public-private collaboration projects: the DICTIONIS Project with a budget of 951,000 euros and the MODERN Project with a budget of EUR 1,328,594. The plan is funded by the Spanish State Research Agency and the Ministry of Science and Innovation within the framework of the recovery, transformation and resilience plan financed by the European Union. The DICTIONIS Project will be carried out in collaboration with the Fundacio Centre de Regulacio Genomica from Barcelona and focuses on the diagnosis of chromatinopathies by detecting alterations in histone modifications. The MODERN Project will be carried out in collaboration with the Universitat Autonoma de Barcelona, the Fundacio de Institut d'Investigacio Biomedica de Bellvitge and LEiTAT and focuses on high-throughput technologies for the discovery and validation of new epigenetic targets and inhibitors for the treatment of neuronal pathologies. Both projects started on April 1, 2023 and will have a duration of two years. The projects have an overall budget of EUR 2.3 million euros, of which Oryzon will receive approximately a EUR 1.35 million aid and an additional grant to hire two Ph.D.s.
WTRG

Hot Stocks

08:07 EDT Essential Utilities to sell three non-utility properties to Cordia for $165M - Essential Utilities announced a binding agreement to sell its three non-utility microgrid and district energy properties in Allegheny County to Cordia, a sustainability-driven energy solutions provider. The agreement is valued at $165M. The agreement covers innovative microgrids and district energy systems developed by Peoples, Essential's gas operations subsidiary based in Pittsburgh, where the assets are located. Essential selected Cordia as the buyer for the three systems in part because of their expertise in microgrids and district energy systems, along with their established footprint in Pittsburgh. Cordia currently operates energy systems in Pittsburgh's Uptown and North Shore neighborhoods, as well as the on-campus energy system for Duquesne University. The company's presence in the region dates back to the 1960s. The sale of these unregulated assets, along with the recently closed West Virginia traction, demonstrate Essential's efforts to focus on its core businesses. The company will continue to prioritize investments in infrastructure to improve safety and reliability, and to reduce emissions.
IDN

Hot Stocks

08:06 EDT Intellicheck appoints Jonathan Robins Chief Technology Officer - Intellicheck announced the appointment of Jonathan Robins as Chief Technology Officer. Robins brings more than 35 years of technological innovation and leadership with a vision for the next wave of software applications to his new position at Intellicheck. His substantial expertise includes shaping growth strategies, optimizing engineering teams and creating customer focused cultures to deliver high-value engineering solutions. Always on the leading edge of technological innovation, he successfully built and later sold his own company focused on helping enterprises with business processes and custom applications development and systems that leveraged internet technology. With the sale of his business, Robins joined the Chicago Cubs where he concentrated on architecting software applications that leveraged large data sets, statistical modeling, AI, and machine learning solutions. From that experience, Robins discovered the next wave of software applications applying machine learning and probabilities to large data sets to power a new wave of high-value software applications.
NVEE

Hot Stocks

08:05 EDT NV5 Global awarded $10M Geospatial Forest Resource Management contract - NV5 Global announced that it has been selected by United States Geological Survey for a $10 million contract to perform geospatial lidar data collection and processing of 28,359 square miles in Oregon and Washington state as part of the USGS 3D Elevation Program. The project will support forest resource management and is jointly funded by USGS and the U.S. Forest Service Geospatial Technology and Applications Center of the U.S. Department of Agriculture. The two-year project includes leaf-on lidar data collection in the fall and spring and is expected to be completed in September 2025. "The application of geospatial data in the management of natural resources continues to grow, and we are pleased to support forestry management efforts of the USGS and U.S. Forest Service," said Dickerson Wright, PE, Chairman and CEO of NV5. "NV5 has served the USGS for over 25 years, and we look forward to continuing our support of the USGS' 3DEP mission to achieve high resolution elevation data for all of the United States and its territories."
M

Hot Stocks

08:05 EDT Macy's unveils plan to open 30 small-format stores - Macy's announced an accelerated expansion of its small-format store strategy, potentially tripling the total number of its small-format stores through fall 2025. Beginning in 2024, up to 30 new Macy's small-format locations will open across the country. This expansion is in addition to the nearly 15 small-format Macy's and Bloomie's locations that Macy's, Inc. currently operates. Paired with a premier digital experience, these small-format stores enhance the company's store portfolio with a mix of the best on- and off-mall locations, to deliver a seamless shopping experience across channels. .."We are excited to accelerate the expansion of our small-format strategy as we continue to innovate and reposition our store portfolio to better serve our customers," said Adrian Mitchell, chief operating officer and chief financial officer for Macy's,..."Over the past three years, we've gained valuable insight and have been methodical in our approach to our small-format stores," said Marc Mastronardi, chief stores officer for Macy's, Inc. "We have taken the time to test and iterate a distinct shopping experience that focuses on convenience, curated merchandise, local events and services that have allowed us to cultivate a highly engaged customer base."
CNTA...

Hot Stocks

08:05 EDT Centessa adds April Dovholuk, Ellie Im to senior leadership team - Centessa Pharmaceuticals (CNTA) announced the appointment of April Dovholuk and Ellie Im, MD to Centessa's executive team as Senior Vice President of Development Operations and Senior Vice President of Clinical Development, Oncology, respectively. In these newly created roles, Ms. Dovholuk will lead both Centessa's global Clinical Trials and Development Operations teams, and Dr. Im will manage clinical development of the Company's Oncology programs based on the LockBody technology platform. Prior to joining Centessa, Ms. Dovholuk was Senior Vice President, Clinical Development Operations at Replimune (REPL). Im most recently served as Senior Vice President, Clinical Development and Operations at Mersana Therapeutics (MRSN).
LDOS

Hot Stocks

08:04 EDT Leidos announces $14.1M follow-on contract from NASA - Leidos announced that it received a contract award from NASA extending production of the company's Laser Air Monitoring System for Artemis IV and V missions. The follow-on contract, worth $14.1M, was awarded in August and will extend for a period of 19 months. The total contract value of $37.8M includes the completed fabrication of LAMS for the Artemis III, IV and V missions to the moon.
URGN

Hot Stocks

08:03 EDT UroGen Pharma announces rolling NDA submission for UGN-102 to begin in January - UroGen Pharma announced that it has reached agreement with the FDA on plans for submission of a new drug application, or NDA, for UGN-102 for intravesical solution. The FDA indicated that the current clinical development plan for UGN-102, which includes evaluation of duration of complete response, or CR, at 12 months from the pivotal ENVISION trial, will support submission of an NDA for the treatment of low-grade intermediate-risk non-muscle invasive bladder cancer. The FDA also agreed that the UGN-102 NDA can utilize a rolling review, allowing for early submission of the Chemistry, Manufacturing and Controls, or CMC, sections of the NDA, which is planned for January 2024. If approved, UGN-102 has the potential to introduce a new non-surgical treatment paradigm for LG-IR-NMIBC, a subset of bladder cancer patients characterized by high recurrence rates and the need for multiple surgeries. The UGN-102 clinical development plan centers around the Phase 3 ENVISION pivotal trial and is supported by clinical data from the ATLAS Phase 3 and OPTIMA Phase 2b trials.
CMG

Hot Stocks

08:03 EDT Chipotle partners with Hyphen to begin testing new digital makeline - Chipotle Mexican Grill announced it is testing an automated digital makeline in collaboration with Hyphen, a foodservice platform designed to help restaurant owners, operators, and budding chefs move their business forward by automating kitchen operations. Bowls and salads are created by an automated system that moves the entrees through the bottom makeline where ingredients for the order are dispensed automatically. In tandem, a Chipotle team member can leverage the top makeline to create burritos, tacos, quesadillas, and kid's meals for the same digital order. Approximately 65% of all Chipotle digital orders are bowls or salads, so the cobotic digital makeline has the potential to free up more time for employees to service the front makeline and deliver exceptional hospitality, while simultaneously increasing capacity for digital orders during peak periods.
BA

Hot Stocks

08:02 EDT Boeing delivers first 777 Freighter to Azerbaijan's Silk Way West airlines - Boeing announced that Silk Way West Airlines' first Boeing 777 Freighter arrived at Heydar Aliyev International Airport. The 777 Freighter will enable Silk Way West to increase its capacity to meet growing cargo demand around the globe. The 777 Freighter will provide Azerbaijan-based Silk Way West with enhanced efficiency and operational flexibility. Founded in 2012 in Baku, Silk Way West Airlines is the largest cargo airline in the Caspian Sea region with an annual cargo turnover of 350,000 tons.
VIR

Hot Stocks

08:02 EDT Vir awarded BARDA funding for development of antibody platform technology - Vir Biotechnology announced that the Biomedical Advanced Research and Development Authority, part of the U.S. Department of Health and Human Services' Administration for Strategic Preparedness and Response, has awarded Vir approximately $50 million in new funding to advance the development of novel monoclonal antibody candidates and delivery solutions to widen the applicability of mAbs in COVID-19 and in pandemic preparedness and response. The new funding will support research and development of novel alternative mAb delivery technologies that have the potential to revolutionize mAb delivery by increasing expression relative to existing technologies. Such delivery could widen the breadth of administration options and shorten development and manufacturing timelines. $40 million of the total funds is part of 'Project NextGen,' an initiative by the HHS to advance a pipeline of new, innovative vaccines and therapeutics for COVID-19 and will support the development of VIR-7229 through Phase 1 in the context of developing alternative mAb delivery technologies. The Phase 1 trial is expected to be completed in the second half of 2025. $10 million of the total funds falls under support from the Division of Chemical, Biological, Radiological and Nuclear medical countermeasures of BARDA which will support the discovery of new mAbs against a second pathogen of pandemic potential in the context of further advancing alternative mAb delivery technologies. The new investment falls under Vir's existing Other Transaction Authority, a multi-year contract BARDA awarded Vir in 2022. This OTA allows for a potential total investment of up to $1 billion to support Vir's development of future pandemic influenza mAbs as well as the potential development of up to 10 emerging infectious disease or CBRN medical countermeasure candidates. The balance of the potential funding is subject to BARDA exercising up to 12 options in further support of the development of pre-exposure prophylactic antibodies for the prevention of influenza illness or supporting medical countermeasures for other pathogens of pandemic potential. Vir is also receiving approximately $11 million in additional BARDA funding that will be applied to wind down activities for the BARDA-supported Phase 2 PENINSULA trial evaluating the investigational prophylactic mAb VIR-2482 for the prevention of symptomatic influenza A illness.
MKC

Hot Stocks

08:01 EDT McCormick down 2% after Q3 results and guidance - Shares of McCormick are down 2% or $1.37 at $73.35 in pre-market trading after the company's in-line Q3 results and updated FY23 guidance.
NXT

Hot Stocks

07:56 EDT Nextracker contracts for 0 GW per annum of local India manufacturing capacity - Nextracker announced the company now has contracted for 10 GW per annum of local India manufacturing capacity. This is in line with the company's focus to provide advanced locally sourced solar tracker technology solutions that optimize power generation as India steps up the construction of new solar parks.
SOND

Hot Stocks

07:55 EDT Sonder Holdings appoints Adam Bowen Chief Accounting Officer - Sonder Holdings announced the appointment of Adam K. Bowen as Chief Accounting Officer, effective October 9 . Bowen has over 18 years of experience, most recently serving as Vice President & Chief Accounting Officer for BlueLinx Holdings Inc., where he was responsible for the company's record to report functions including consolidations and financial reporting, SEC reporting, corporate tax, financial systems, internal controls, and enterprise risk management.
BBIO

Hot Stocks

07:55 EDT BridgeBio, National Resilience enter pact to manufacture and advance BBP-812 - BridgeBio and National Resilience announced a strategic collaboration to manufacture and advance BBP-812, an investigational adeno-associated virus, or AAV, nine gene therapy for Canavan disease, and BBP-631, an investigational AAV 5 gene therapy for congenital adrenal hyperplasia, or CAH.
CYBN

Hot Stocks

07:54 EDT Cybin completes dosing in final cohort of CYB003 trial - Cybin announced the completion of dosing of the final cohort in its Phase 2 study of CYB003, a proprietary deuterated psilocybin analog program in development for the potential treatment of major depressive disorder. The CYB003 program is supported by a composition of matter patent with protection through 2041. The company expects to release topline efficacy data in the fourth quarter of this year.
DNUT

Hot Stocks

07:54 EDT Krispy Kreme exploring strategic alternatives for Insomnia Cookies - Krispy Kreme announced it is exploring strategic alternatives for Insomnia Cookies, to include considering an all-cash sale. Krispy Kreme acquired a majority stake in Insomnia Cookies in 2018 and expects revenues of approximately $230M in fiscal year 2023. "Today's decision enables Krispy Kreme to unlock shareholder value and focus on its core strategy of producing, selling and distributing fresh doughnuts daily. "We acquired a majority stake in Insomnia Cookies to build our e-commerce and digital capability as well as assist Insomnia's U.S. and International expansion. Both efforts have been successful and it's time for the next strategic step for both companies," said Mike Tattersfield, Krispy Kreme CEO," noted the company release.
WTMA

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07:53 EDT Welsbach Technology Metals Acquisition announces extension for combination - Welsbach Technology Metals Acquisition Corp. has approved an extension of the time period to consummate a Business Combination, in accordance with Article G of the Company's amended and restated certificate of incorporation, to and including June 30, 2024. On September 29, 2023, the Company held a special meeting of its stockholders. On August 11, 2023, the record date for the special meeting, there were 5,913,698 shares of common stock of the Company entitled to be voted at the special meeting, approximately 84.111% of which were represented in person or by proxy at the special meeting. The final results for each of the matters submitted to a vote of the Company's stockholders at the special meeting are as follows: 1. Charter Amendment Proposal: The stockholders approved the proposal to amend the Company's Charter by allowing the Company to extend the date by which it has to consummate a business combination with a target for up to an additional nine months, from September 30, 2023 to up to June 30, 2024, for no contribution to the trust account. 2. Trust Amendment Proposal: The stockholders approved the proposal to amend the Trust Agreement, allowing the Company to extend the Combination Period for up to an additional nine months, from September 30, 2023 to up to June 30, 2024, for no contribution to the trust account. As there were sufficient votes at the time of the special meeting to approve each of the above proposals, the Adjournment Proposal, which had been previously voted on by proxy, was not presented to stockholders at the special meeting.
VERY

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07:53 EDT Vericity to be acquired by iA Financial for $170M - Vericity announced it has entered into a definitive merger agreement whereby iA American Holdings, a subsidiary of iA Financial Corporation will acquire Vericity in an all-cash transaction valued at approximately $170M. Vericity is majority owned by J.C. Flowers & Co. Vericity's board of directors unanimously approved the merger agreement. As part of the agreement, each issued and outstanding share of the total 14,875,000 shares of Vericity common stock will be converted into the right to receive $11.43 in cash at closing of the merger, funded by iA with existing cash on hand. The per share merger consideration represents a 101% premium to Vericity's closing share price of $5.70 on October 2, the last full trading day prior to the announcement of the transaction. The transaction is not subject to any financing condition or contingency. The merger is expected to close in the first half of 2024. It is subject to certain customary closing conditions for a transaction of this type, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended and receipt of insurance regulatory approvals. Following the execution of the merger agreement, stockholders representing more than a majority of the issued and outstanding shares of Vericity common stock delivered a stockholder written consent adopting and approving the merger agreement.
PPBT

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07:52 EDT Purple Biotech reports interim, preliminary results from NT219 Phase 1/2 study - Purple Biotech provides clinical updates from its dose escalation portion of the Phase 1/2 study of NT219, a first in class dual inhibitor of Insulin receptor substrate 1/2 and Signal Transducer and Activator of Transcription 3 and provides its outlook for planning the next clinical development steps with NT219 for second-line treatment of patients with recurrent and/or metastatic squamous cell carcinoma of the head & Neck. The Phase 1/2 study, an open-label, dose escalation and expansion study is designed to assess the safety, pharmacokinetics, pharmacodynamics and efficacy of NT219 as a monotherapy and in combination with Erbitux, in patients with R/M SCCHN, or with advanced colorectal cancer. Forty-nine patients were enrolled in five dose levels; 27 in the monotherapy arm, and 22 in the combination therapy with cetuximab. Patients in both cohorts were dosed to the highest NT219 dose level of 50mg/kg. No dose-limiting toxicities were reported in either cohort and NT219 was well tolerated as a monotherapy and in combination with cetuximab. A dose-dependent increase in drug exposure of NT219 was reported. The exposure achieved at the highest dose level of 50mg/kg was within the efficacy range of the human equivalent dose level as predicted from preclinical models. Inhibition of intra-tumoral IRS 1/2 and STAT3, NT219's targets, was demonstrated in patients' biopsies. Among the four R/M SCCHN patients dosed at 50mg/kg of NT219 in combination with cetuximab, that were evaluable for efficacy, two patients demonstrated confirmed partial response by response evaluation criteria in solid tumors 1.1. Other results from the Phase 1/2 study will be provided at one of the upcoming medical conferences. Treatment options for patients who had progressed following treatment with immunotherapy in first line R/M SCCHN are limited, with mostly cetuximab and chemotherapy currently available. The Company is in the process of designing a Phase 2 study of NT219 in combination with cetuximab in 2L R/M SCCHN. Such a study may evaluate NT219 in combination with cetuximab with or without standard of care chemotherapy following progression after immunotherapy in first line treatment.
PODC

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07:48 EDT PodcastOne partners with Rask AI for language translation - PodcastOne will initiate Spanish language translations for its library of podcasts using Artificial Intelligence company Rask AI. The first show set for translation through Rask AI is the Emmy Award-winning journalist Barbara Schroeder's debut podcast, Bad Bad Thing. PodcastOne is working closely with Bad Bad Thing host and creator Schroeder to ensure that the AI translation of the podcast accurately aligns with the original English language version's storytelling.
REKR

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07:44 EDT Rekor Systems joins AWS ISV Accelerate Program - Rekor Systems has joined the Amazon Web Services Independent Software Vendor Accelerate Program, a co-sell program for AWS Partners who provide proven and well-architected Software-as-a-Service solutions that run on or integrate with AWS. The program helps AWS Partners drive new business by directly connecting participating ISVs with the AWS Sales organization.
ARWYF

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07:43 EDT ARway announces new partnership deals - ARway.ai announces new strategic international partnerships, which will propel ARway's reach further into the indoor navigation industry and towards profitability. The company said, "AI Africa, a digital agency and marketing company, specializing in retail and event organization has partnered with ARway to provide indoor navigation services to its clients. Their large portfolio of clients is varied. It includes a prominent social media company with a staggering monthly engagement of 5 million followers; the leading events company in South Africa, orchestrating a remarkable 70 events per year with the collaboration poised to elevate AI Africa's presence in the events industry, offering unparalleled opportunities for innovation and growth; a prominent local tourism department and a distinguished property management company that owns and manages 17 malls and shopping centers. Vraxa, one of the top international production houses specialized in 360 videos and AR/VR/XR solutions using the latest technology has partnered with ARway. They are an agency with a multitude of clients in retail, media, hospitals and more, representing a variety of use cases for ARway's technology. Brink Interactive is an agency that is distinguished by seasoned practitioners across branding, customer experience, marketing technology, strategy, and account services. Similar to VRAXA, they have a number of clients in various industries, representing a variety of use cases for ARway's technology. Brink Interactive has clients in retail, automotive, telecom, real estate and more. "
DFLI

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07:40 EDT Dragonfly represents battery manufacturing industry during Nevada Trade Mission - Dragonfly Energy Holdings announced that Nevada Governor Joe Lombardo, U.S. and Canadian officials, representatives from Dragonfly Energy, and other select Nevada business leaders recently visited Montreal and Toronto during a Nevada Trade Mission to Canada focused on mining, technology, and green energy storage from September 26-28, 2023. During the trade mission, representatives from Dragonfly Energy explored potential opportunities for collaboration and contributed to meaningful conversations about battery innovation and sustainable energy solutions. Core areas of focus and exploration during the mission included mining, critical minerals, technology, electric vehicles and the battery supply chain.
BDRBF

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07:38 EDT Bombardier introduces Smart Services Elite - Bombardier has announced that it has expanded its industry-defining cost-per-flight-hour offerings with the introduction of Smart Services Elite. This new Smart Services program perfectly complements Bombardier's existing Smart Services portfolio, providing business aircraft customers with the comprehensive cost-per-flight-hour program that brings budget predictability for essential aircraft parts and maintenance costs. "Bombardier's Smart Services Elite is the ultimate 'easy button' for our business jet customers when it comes to budget predictability and cost protection for all their maintenance needs," said Paul Sislian, Executive Vice President, Aftermarket Services & Strategy, Bombardier. "With Smart Services Elite, customers receive additional peace of mind though added services not previously covered by existing cost-per-flight-hours offerings, providing them with a comprehensive solution for maintenance repair and support."
MRMD

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07:38 EDT Marimed's Betty's Eddies collaborates with Keep A Breast Foundation - Betty's Eddies announced a collaboration with the Keep A Breast Foundation to advance breast cancer awareness education and support the millions of people affected by the disease. The initiative includes redesigned product packaging and a campaign to foster KAB's mission of reducing breast cancer risk through education, with a focus on early detection. Betty's Eddies parent company, MariMed, will also make a monetary donation to KAB. The month-long campaign coincides with Breast Cancer Awareness Month in October.
SPRC

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07:37 EDT SciSparc granted European patent for its core technology - SciSparc announced that The European Patent Office has granted it a new patent - European Application No. 16786064.2, title: Combinations of Cannabinoids and N-Acylethanolamines. This Patent aligns with the Company's objective to increase the safety of cannabinoids treatments while maintaining their therapeutic effects. With this grant, the Company has been granted this patent in the United States, Japan and Australia, supporting the innovation of SciSparc in its technologies. "SciSparc's assets continue to expand, both intellectual property alongside revenue generating assets," said SciSparc's Chief Executive Officer, Oz Adler. "The Company continues to be a leader in this space with a robust IP portfolio worldwide. We continue to believe that cannabinoid-based medicines have enormous therapeutic potential and therefore we continue to strengthen the patent protection around the technologies we develop".
ALGS

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07:36 EDT Aligos Therapeutics announces award of an $8.5M NIAID contract - Aligos Therapeutics announced that it has been awarded an $8.5 million National Institute of Allergy and Infectious Diseases, NIAID, contract to conduct nonclinical and clinical studies to advance its pan-coronavirus protease inhibitor ALG-097558 into future Phase 2/3 studies. "It is an honor to be awarded this NIAID contract, which is our second NIH-funding received for the development of novel inhibitors of the coronavirus 3CL protease," said Lawrence Blatt, Ph.D., MBA, Chairman & CEO of Aligos Therapeutics. "Given that ALG-097558 potently inhibits all forms of coronavirus tested to date, we believe that this compound will be important for the ongoing COVID-19 endemic as well as for the treatment of emergent novel coronavirus infections in humans in the future. These non-dilutive external funds will enable Aligos to continue to advance the ALG-097558 program beyond the ongoing Phase 1 study, which is evaluating single and multiple doses in healthy volunteers."
PYR

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07:35 EDT PyroGenesis provides update on PUREVAP Quartz Reduction Reactor - PyroGenesis Canada provides, further to HPQ Silicon's press release dated September 28th, 2023 and the Company's news release dated June 1, 2023, an update on its strategic engineering partnership with HPQ on two projects: the PUREVAP Quartz Reduction Reaction pilot plant and the Fumed Silica Reactor project. As part of the terms of both projects with HPQ, PyroGenesis benefits from a royalty payment representing 10% of the Client's eventual sales, with set minimums. With respect to the FSR with HPQ Silica Polvere, a wholly owned subsidiary of HPQ, this royalty stream, can, at any time, be converted by PyroGenesis into a 50% ownership in HPQ Polvere. PUREVA Quartz Reduction Reactor Project: The QRR pilot plant was designed and built to transform lower-purity quartz into high-purity silicon in a single step. The past few weeks have seen noteworthy progress and confirmations. Optimized QRR design for high performance during the tapping process, minimizing silicon contamination. Next Steps for PUREVAP: The Path to Commercialization: Further testing of the enhanced system will conclude with a silicon pouring step, which is scheduled within the next few weeks. After a successful pour, PyroGenesis and HPQ will determine the number of PUREVAP QRR systems required to construct a full commercial plant and thereafter will move towards full commercialization. Fumed Silica Reactor Project: The Fumed Silica Reactor, another plasma-based process, converts quartz into fumed silica in a single and eco-friendly step. By eliminating the use of harmful chemicals generated by conventional methods the groundbreaking FSR approach, if successful, will help contribute to the repatriation of silica production to North America. In a major step towards commercial-scale production, PyroGenesis has successfully deployed the FSR on a laboratory scale, resulting in the milestone production of fumed silica. Preliminary tests and analysis have confirmed that the material produced has chemical and physical characteristics compatible with those of commercially available fumed silica.
ATAK

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07:35 EDT Aurora Technology Acquisition announces additional contribution to trust account - Aurora Technology Acquisition announced its sponsor, ATAC Sponsor, has deposited an aggregate of $135,000 into the Company's trust account in order to extend the date by which the Company has to consummate a business combination from October 9, 2023 to November 9, 2023. The Extension Payment was loaned as a draw down pursuant to an unsecured promissory note the Company issued to the Sponsor on July 31, 2023 with a principal amount equal to $810,000.00. The Extension Note bears no interest and is repayable in full upon the earlier of the date of the consummation of the Company's initial business combination, or the date of the liquidation of the Company, subject to the terms and conditions set forth in the Extension Note. The Company's stockholders are not entitled to vote on or redeem their shares in connection with this extension.
BBIO

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07:34 EDT BridgeBio, Resilience enter multiyear partnership for gene therapy treatments - BridgeBio Pharma and National Resilience announced a strategic collaboration to manufacture and advance BBP-812, an investigational adeno-associated virus 9 gene therapy for Canavan disease, and BBP-631, an investigational AAV 5 gene therapy for congenital adrenal hyperplasia. The two companies have developed a novel manufacturing and aligned incentive business model to drive these gene therapies forward with an emphasis on sustainability and capital-efficiency. Under the terms of the collaboration, BridgeBio will transfer its manufacturing process for its lead AAV-based gene therapy candidates to Resilience's network of gene therapy sites. As part of an innovative cost and risk-sharing framework, Resilience will provide in-kind manufacturing services and will receive future development and approval milestones and low-to-mid single digit royalties on BBP-631 and BBP-812. Resilience will support the ongoing clinical development manufacturing needs and will serve as the primary commercial manufacturer for both programs if successful. Beyond BBP-812 and BBP-631, Resilience will also be the primary manufacturer for future clinical projects across BridgeBio's gene therapy portfolio. The agreement will reduce manufacturing uncertainty for these programs and is expected to help BridgeBio expedite development of gene therapies going forward.
KLG K

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07:33 EDT WK Kellogg announces launch as independent, publicly traded company - WK Kellogg Co (KLG) is celebrating its launch as an independent, publicly traded company with the completion of its planned separation from Kellanova (K), formerly Kellogg Company, on October 2, 2023. The company now trades on the New York Stock Exchange under the ticker symbol "KLG."
WETG

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07:33 EDT WeTrade files derivative lawsuit against former officers and directors - WeTrade filed a derivative lawsuit in the U.S. District Court for the District of Wyoming against Biming Guo, Ning Qin, Yuxing Ye, Hechun Wei, Kean Tat Che, and Annie Huang by certain shareholders. The Majority Shareholders, derivatively on behalf of WETG, seek a judgment from the Court confirming that the Named Defendants resigned as officers and directors of the company as of June 30, 2023 and that the attempted private placement transactions announced after that date relating to the issuance of 105,400 WETG shares and 1,465,200 WETG shares were invalid. In addition, the Majority Shareholders also ask the Court to find that the Action by Written Consent of the Sole Director of the Board of Directors of WeTrade Group dated September 22, 2023, which appointed two new directors, and the Unanimous Written Consent of the Board of Directors of WeTrade dated September 22, which appointed Lina Jiang as CEO and Xiaodong An as Interim CFO of the company, are valid, enforceable, and binding. The Majority Shareholders also filed a motion for a temporary restraining order and preliminary injunction which aims to restrain the Named Defendants from acting on behalf of the company while the lawsuit is pending, and to halt both them and Globex Transfer from consummating the private placement transactions.
SRGXF

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07:32 EDT Surge Copper announces assay results from drill holl at Berg Deposit - Surge Copper announced assay results from drill hole BRG23-243, the first hole of the Company's 2023 drilling program testing the deeper portions of the large Berg copper-molybdenum deposit in west-central British Columbia. Highlights: Hole BRG23-243 encountered the second longest mineralized interval from the Berg deposit to date, intersecting 756 metres grading 0.36% copper equivalent from 22 metres depth, with the hole ending in mineralization; The upper portion of the hole encountered the chalcocite blanket returning a subinterval with elevated copper of 172 metres grading 0.35% copper, 0.008% molybdenum, 2.8 g/t silver, and 0.03 g/t gold from 34 metres depth; Hole BRG23-243 was collared in the southeasternmost part of the Berg deposit and demonstrates that the deposit remains open in this direction; Hole BRG23-243 accomplished multiple objectives including learning more about the deep characteristics of the deposit within an area of low drill density, providing material for metallurgical testwork, potentially converting Inferred resources to the Measured and Indicated categories, and extending grade and continuity of mineralization near surface and to depth within the current resource model; Prior to the 2023 program the Berg deposit only had 3 holes with lengths exceeding 600 metres; all 3 holes from the 2023 drill program were longer than 600 metres, and each hole will increase the understanding of Berg mineralization at depth Leif Nilsson, Chief Executive Officer, commented: "We consider hole BRG23-243 to be a tremendous drill result for the Berg project. This was a 100-metre step-out exploration hole that was designed to meet multiple scientific and economic objectives, including extending above-average grades in areas of the current block model with limited drill density, collecting potential sample material for various geochemical and metallurgical tests, and testing the characteristics of an important geological contact within the under-sampled deeper regions of the deposit. The results from the upper portions of the hole demonstrate that the deposit remains open for further expansion to the southeast, with potential implications for future mine optimization and the life of mine strip ratio. The results from the very bottom of the hole, across the contact with and into the Berg Stock, demonstrate the prospectivity of this geological target, which tends to act as a control on stronger molybdenum grades, and has seen very little testing at depth around its entire circumference."
CME

Hot Stocks

07:32 EDT CME Group reached ADV of 22.7M contracts in September - CME Group reported its September and Q3 2023 market statistics, reaching an average daily volume of 22.7M contracts in September, representing the company's second-highest September ADV on record. Q3 ADV was 22.3M contracts, the second-highest Q3 volume ever. Reference Link
ENVX

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07:31 EDT Enovix announces strategic realignment of Fab1 - Enovix announced that it has initiated a strategic realignment of Fab1 in Fremont designed to refocus the facility from a manufacturing hub to its "Center for Innovation," focused on new product development. This move is supportive of the Company's strategy to locate high-volume manufacturing in Asia near customers and suppliers while locating technology development in both Silicon Valley and Asia. Shifting Fab1's focus will result in a reduction of the workforce in Fremont that had been dedicated to supporting 24/7 manufacturing by approximately 185 personnel, including over 125 contractors. Enovix expects this restructuring to be completed during the fourth quarter of 2023 and result in annualized savings of approximately $22 million. "We do not take these decisions lightly and after careful consideration we determined these changes are necessary to set the company up for long-term success," said Dr. Raj Talluri, President and CEO of Enovix. "It has become clear that Fremont is best positioned to be our Center for Innovation complementing our high-volume manufacturing in Asia." Continued Dr. Talluri, "In addition to these actions, we have re-prioritized our activities in Fab1. We are moving from a horizontal business strategy focused on serving hundreds of customers with a standard-sized battery to a vertical business strategy focused on a smaller group of very large customers who require custom cells, which allows us the most efficient path to scale. This shift has been informed by our strong engagement with leading smartphone OEMs who we anticipate having high volume needs for our battery in 2025 and, in turn, qualification samples in the near-term."
FURY

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07:22 EDT Fury Gold Mines provides results for infill core drill holes from Hinge Target - Fury Gold Mines provided results for an additional two infill core drill holes from the Hinge Target at the high-grade Eau Claire gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The 2023 drill program continues to focus on infill drilling at the Hinge Target located immediately west of the Eau Claire Deposit. Every hole completed at the Hinge Target to date has intercepted two corridors of stacked gold-bearing quartz tourmaline veins and alteration including 3.5 metres of 5.73 g/t gold and 11.27 g/t Tellurium and 7.43g/t gold over 2.5m within a broader interval of 4.65g/t gold and 8.72 g/t Tellurium over 4.5m. These results continue to highlight the importance of the Hinge Target to the overall expansion of the Eau Claire Deposit to the west. Drill holes 23EC-065 and 23EC-068 represent the continuation of a series of infill drill holes designed to tighten up the spacing of the 2022 Hinge Target drilling to a nominal spacing of 60-80m. The stacked intercepts through these new holes continue to exhibit the overall strength of the mineralized system within the Hinge Target. These results provide confidence in the continuity of the modeled sub-vertical veining at the Hinge Target. In addition to gold, the Eau Claire Deposit is rich in Tellurium, a mineral present on the list of critical and strategic elements. Tellurium can be used in the manufacturing of stainless steel, batteries and solar panels. "We are pleased to be back reporting results after experiencing longer than usual wait times with the assay labs. These assays come on the back of what we believe were two strong conferences for Fury at Precious Metals Beaver Creek and Gold Forum Americas," commented Tim Clark, CEO of Fury. "As a result, we remain confident that Fury is one of the best-positioned companies in the junior exploration sector with our significant cash, Dolly Varden Silver equity stake, and optionality for upside both at the discovery level and resource development."
LASE CMI

Hot Stocks

07:20 EDT Laser Photonics finalizes order from Cummins Natural Gas Engines - Laser Photonics finalized an order from Cummins Natural Gas Engines for an LPC-1500-CTHD CleanTech laser blasting system for industrial cleaning and maintenance of their natural gas engines at their New Mexico facility.
IDR

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07:19 EDT Idaho Strategic commences drill program at Golden Chest mine - Idaho Strategic Resources announced the commencement of its drill program and initial high-grade intercepts at the Company's Golden Chest gold mine. This drill program is designed to target both the H-Vein and the Idaho Vein at-depth below the current underground workings. The high-grade drill intercepts announced in today's press release are from the first hole drilled and estimated to be approximately 20 meters below the Company's actively mined stopes on the H-Vein. Assay results from the H-Vein intercepts indicate 2.24 meters at 18.7 grams per tonne gold which is inclusive of 1.31 m at 28.0 gpt gold, reported in true thickness. Idaho Strategic's VP of Exploration, Rob Morgan commented, "These are some of the best intercepts we have ever seen in the H-Vein. My first thought after receiving the results from the lab was that our stakeholders would appreciate hearing about these intercepts. Not only are they impressive, but they are also below our current operations, and we look forward to mining these ounces within the next year. In addition to the H-Vein providing the bulk of our current production, the hangingwall geology is being studied for the possibility of other similar veins nearby."
HYZN

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07:19 EDT Hyzon Motors ammends intellectual property agreement with Horizon - Hyzon Motors announced an amendment to its Intellectual Property agreement with affiliates of Horizon, Hyzon's majority controlling shareholder and an advanced hydrogen fuel cell solutions company. Under the amendment, Hyzon expands its market access to stationary fuel cell power applications in North America, in addition to its existing access to global fuel cell mobility markets. Stationary fuel cells provide a zero-emission alternative to diesel power generation units used in primary, backup, and off-grid applications. Hyzon is targeting its existing fuel cell IP, production technology, and manufacturing facilities to commercialize stationary products, including near-term demand in end-use applications such as data centers, the entertainment industry, battery electric vehicle charging and remote industrial power needs. The amendment also covers the option for Hyzon and Horizon to pursue joint development of a single stack 300kW fuel cell system, which Hyzon previously announced as part of its product roadmap. Additionally, Hyzon retains rights to the data Horizon gathers across various fuel cell use cases, which is expected to accelerate both companies' real world learnings including around FCEV performance optimization and durability through this collaboration. As amended, the IP agreement will remain in effect until September 2030.
HHH

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07:18 EDT Howard Hughes names Elena Verbinskaya as Chief Accounting Officer - Howard Hughes announced that Elena Verbinskaya has been appointed Chief Accounting Officer and designated Principal Accounting Officer for the company, responsible for overseeing accounting and financial reporting across the company's national portfolio. Verbinskaya joined Howard Hughes in 2023 as Executive Vice President of Accounting. Prior to joining Howard Hughes, she served as Vice President of Financial Reporting and Accounting Integration at IPSCO Tubulars, a North American division of TMK Group.
SLSSF

Hot Stocks

07:17 EDT Solaris Resources appoints CICC as company's Chinese financial advisor - Solaris Resources announces the appointment of China International Capital Corporation Limited, CICC, as the Company's Chinese financial advisor. In recent months, the Company has received a number of proposals from parties interested in acquiring all or part of Solaris' Warintza Project in Ecuador. CICC will assist in fielding and evaluating the merit of these enquiries and other strategic matters.
NEVDF

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07:16 EDT Nevada Copper resumes ore processing operations at Pumpkin Hollow - Nevada Copper has restarted processing operations at its Pumpkin Hollow underground mine with the first ore being fed to the mill. Randy Buffington, President and CEO of Nevada Copper, stated, "It is with great pride that I announce that we have achieved the critical milestone in restarting process operations. The restart of the mill has been orchestrated through careful planning and establishing the infrastructure needed to ensure sustained process plant operations, including the building of significant surface stockpiles and progression on critical capital projects. We are now well positioned to move towards steady state operations of 5,000 tons per day. My sincerest thanks to the entire Nevada Copper team and our business partners for their tireless efforts in achieving this important milestone for the future of Pumpkin Hollow."
ADBRF

Hot Stocks

07:15 EDT Aldebaran Resources reports results from Altar copper-gold project - Aldebaran Resources reports results for all unreported drill holes from the 2022-2023 field campaign at the Altar copper-gold project in San Juan, Argentina. All holes hit mineralization and expanded the mineralized footprint of the Altar project by several hundreds of meters in multiple directions. Planning is currently underway for the 2023-2024 field campaign, with four drill rigs already secured. John Black, Chief Executive Officer of Aldebaran, commented as follows: "We're very excited by the progress that we've made at the Altar project. The recent drill campaign has substantially increased the mineralized footprint of the Altar project and sets us up for an aggressive drill campaign that will begin shortly. The results reported today confirm that the system has a lot of room to grow in several directions."
OMH

Hot Stocks

07:13 EDT Ohmyhome announces partnership with eMediaLinks - Ohmyhome announces a partnership with eMediaLinks, a Bellevue, Washington-based global real estate marketing company who has an exclusive partnership with house.sina.com in North America and with the North America division of Weibo, one of the largest social networks in the Mandarin-speaking community globally, with 599 million monthly active users and 258 million average daily active users as of June 2023. This Partnership enables Ohmyhome to market properties and investment opportunities in Southeast Asia to a vast audience of interested buyers through house.sina.com and Weibo North America. Rhonda Wong, CEO of Ohmyhome, said "With the ever changing geopolitical dynamics and shifting of global supply chain, we are seeing increasing interests from customers looking to move their businesses and homes outside of their home country in the post-pandemic world. As Southeast Asia continues to be a hotspot for business and investment, we are proud to partner with eMediaLinks and Weibo North America, a leading social media network amongst the Mandarin-speaking users globally, to accelerate demand and boost business opportunities for Ohmyhome. For customers who are interested in properties in Singapore, and Malaysia, you will be serviced by our experienced and dedicated team to help you through a seamless experience from the start to the end of your property purchase or investments."
GCAAF

Hot Stocks

07:13 EDT Guardian Capital announces termination of Guardian i3 Global REIT ETF - Guardian Capital will terminate Guardian i3 Global REIT ETF effective on or about December 18, 2023. Effective immediately, except in limited circumstances, no further direct subscriptions of units of the ETF will be accepted. Units of the ETF are anticipated to be voluntarily delisted from the Toronto Stock Exchange, at the request of the Manager, and to cease trading, following market close on or about December 15, 2023, with all units still held by investors being subject to a mandatory redemption as of the Termination Date. Unitholders may continue to buy or sell units of the ETF on any stock exchange on which the ETF is traded until the units are delisted. Prior to the Termination Date, the Manager will, to the extent reasonably possible, sell and convert the assets of the ETF to cash. After paying or making adequate provision for the liabilities and obligations of the ETF, the Manager will, as soon as practicable following the Termination Date, distribute the net assets of the ETF pro rata among the unitholders of record on the Termination Date based on the net asset value per unit.
RXT

Hot Stocks

07:12 EDT Rackspace secures OCRE funding, provide AWS services for Virtual Aorta Project - Rackspace Technology announced assisting with securing OCRE funding and providing AWS SageMaker training and advisory services for the Virtual Aorta Project at the University of Galway in partnership with Insight SFI Research Centre for Data Analytics. The joint project reduced the computational modeling process from approximately 150 hours to 10 minutes. The groundbreaking project is backed by Open Clouds for Research Environments, OCRE, funding. "Since January 2021, Rackspace has been a leading contributor in the European Open Science Cloud marketplace. Through the OCRE framework, Rackspace has provided AWS cloud services to research institutions, universities, and NREN members across Europe, aiming to boost cloud adoption and refine the tools available to the education and research communities," said Donald Dunsmore, Director, Education and Research Sales. "With this powerful collaboration, Insight leverages AWS to expedite and streamline diagnosis, and Rackspace supports our customers from grant funding requests down to project completion."
REGN NTLA

Hot Stocks

07:12 EDT Regeneron, Intellia expand collaboration for CRISPR-based therapies - Regeneron Pharmaceuticals (REGN) and Intellia Therapeutics (NTLA) announced an expanded research collaboration to develop additional in vivo CRISPR-based gene editing therapies focused on neurological and muscular diseases. This builds on the success of the companies' existing collaboration and continues to combine both companies' deep biology and technology expertise. The collaboration will leverage Regeneron's proprietary antibody-targeted adeno-associated virus vectors and delivery systems and Intellia's proprietary Nme2 CRISPR/Cas9 systems adapted for viral vector delivery and designed to precisely modify a target gene. Under the terms of the expanded agreement, the companies will initially research two in vivo non-liver targets. Intellia will lead the design of the editing methodology and Regeneron will lead the design of the targeted viral vector delivery approach. Each company will have the opportunity to lead potential development and commercialization of product candidates for one target, and the company that is not leading development and commercialization will have the option to enter into a co-development and co-commercialization agreement for the target.
DPZ MSFT

Hot Stocks

07:12 EDT Domino's Pizza, Microsoft announce AI-driven innovation alliance - Domino's Pizza (DPZ) and Microsoft (MSFT) have joined forces to create the next generation of pizza ordering and store operations with generative AI technology and cloud computing power. Together, the companies will leverage the Microsoft Cloud and Azure OpenAI Service to transform Domino's consumer experiences by enhancing the ordering process through personalization and simplification. With Microsoft as its primary cloud provider, Domino's has already been experimenting with data and AI capabilities to make store operations smarter, simpler and more robust. Work on modernizing Domino's store systems has evolved into the early stages of developing a generative AI assistant powered by Azure OpenAI Service intended to help store managers save time on daily tasks such as inventory management, ingredient ordering and staff scheduling. With plans to streamline pizza preparation and quality control with more predictive tools, this generative AI assistant will be designed with the goal of freeing store managers to dedicate more time to team member experience and customer service. Leveraging Azure OpenAI for the customer experience is also an important element of the collaboration
XTRAF

Hot Stocks

07:10 EDT Xtract One named exclusive preferred supplier of the AAPB - Xtract One Technologies announced the Company will serve as the exclusive preferred supplier for the American Association of Professional Baseball, AAPB. Through this three-year partnership, Xtract One will have the unique ability to advise AAPB regarding security and weapon detection technology, deploy solutions, and ensure best practices to deliver first-class fan experiences. Xtract One's Gateway system replaces traditional metal detectors and hand wands, and delivers fast, reliable, and seamless patron screening. This solution unobtrusively scans patrons for guns, knives, and other prohibited items as they enter the facility, using AI-powered sensors to detect threats without invading patrons' sense of privacy and comfort. "We are thrilled to be partnering with AAPB as their exclusive preferred supplier. We look forward to helping enhance the overall safety for guests at upcoming games, while elevating their game-day experience to a whole new level," said Peter Evans, CEO of Xtract One. "Together with AAPB, we are pleased to be contributing to the vibrant, enjoyable experiences AAPB provides to fans and families."
NSPR

Hot Stocks

07:09 EDT InspireMD appoints Patrick Verta as EVP, clinical and medical affairs - InspireMD announced senior leadership additions and changes intended to support the company's commercial growth initiatives, including potential approval of the CGuard Prime stent platform in the U.S., development of new stent delivery systems, and growth in existing approved territories outside of the U.S. The company hired Patrick Verta, MD, as Executive Vice President of Clinical and Medical Affairs and Cheryl Tal as Vice President of Quality Assurance and Regulatory Affairs. In addition, Shane Gleason, who previously served as InspireMD's General Manager of North America and VP of Global Marketing, has been promoted to Chief Commercial Officer. Verta joins InspireMD from Canary Medical, a developer of implantable remote patient monitoring sensor technology and complementary data and analytics, where he served as Chief Medical Officer. Tal joins InspireMD from New Phase Ltd., where she served as Director of Regulatory Affairs.
SLRN

Hot Stocks

07:09 EDT Acelyrin appoints Mpofu as Senior Vice President of Development - ACELYRIN announced the appointment of Shephard Mpofu, MD, MRCP, FRCP as Senior Vice President of Development. Dr. Mpofu will be responsible for leading clinical development as well as translational sciences and will also join the company's Senior Leadership Team. Dr. Mpofu joins ACELYRIN after nearly 20 years at Novartis AG, where he most recently served as Chief Medical Officer for its Gene Therapy Franchise.
VERI

Hot Stocks

07:09 EDT Veritone teams with CHESA to aid U.S. Federal Legislative Branch digital effort - Veritone announced that the Legislative Branch of the U.S. Government will use the company's "cutting-edge solutions to streamline its digital media management efforts. The deal was made possible through a channel partnership with CHESA, a prominent provider of media workflow solutions. The partnership aims to revolutionize the way the U.S. Congress stores, manages and distributes photos, audio and videos, dramatically increasing its digital media management efficiency. The Legislative Branch sought a comprehensive solution to address the challenges posed by its existing photo management platform. Members of Congress and their staff have frequently voiced a desire for an upgraded system, and Congress turned to CHESA and Veritone, whose expertise in analyzing, engineering and implementing advanced media technology systems is widely recognized within the industry," said the company in a release.
RDHL

Hot Stocks

07:09 EDT RedHill Biopharma's opaganib shows survival benefit in U.S. Army-funded study - RedHill Biopharma announced that novel, twice daily, oral opaganib delivered a statistically significant increase in survival time when given at 150 mg/kg twice a day in a U.S. Army Medical Research Institute of Infectious Diseases in vivo Ebola virus study, making it the first host-directed molecule to show activity in Ebola virus disease. The U.S. Army study tested three doses of opaganib against an inactive vehicle control arm. The in vivo study results showed a statistically significant survival increase in mean survival time of 11.2 days in the 150 mg/kg opaganib group compared to a mean survival time of 5.5 days in the inactive vehicle control group. A 30% mice survival was observed in the 150 mg/kg treated group compared to the vehicle control. Twice daily administered opaganib has previously demonstrated antiviral benefit in late-stage clinical studies of patients hospitalized with moderate to severe COVID-19 and was selected by the NIH Radiation and Nuclear Countermeasures Program for Acute Radiation Syndrome development.
AEIS

Hot Stocks

07:08 EDT Advanced Energy beaks ground on factory in Thailand - Advanced Energy's 500,000 sq ft facility will manufacture leading-edge power delivery systems for the semiconductor market, and be capable of delivering revenue of up to $1B per year. Advanced Energy Industries " a global leader in highly engineered, precision power conversion, measurement and control solutions, announced that it held a formal groundbreaking ceremony for a new state-of-the-art factory near Bangkok, Thailand." The new facility marks the next phase of Advanced Energy's global capacity expansion, as it executes its strategy to support future revenue growth
GXO

Hot Stocks

07:08 EDT GXO Logistics announces it is teaming up with Blue Yonder - GXO Logistics announced that it is teaming up with Blue Yonder, a leader in intelligent supply chain software, to deploy a new end-to-end supply chain software solution to power its shared warehousing solution GXO Direct in the U.S. "By leveraging Blue Yonder's solutions, we'll enable customers to add features and customized capabilities on an open WMS platform," said Eduardo Pelleissone, President, Americas and Asia Pacific, GXO. "Customers will now have an agile and cost-effective order management solution with real-time visibility of inventory and orders across all sites. Customers will also have access to value-added services, such as kitting and assembly, to optimize their time and cost to serve. This strengthens our position as a shared warehousing leader as we expand GXO Direct globally."
GMS

Hot Stocks

07:08 EDT GMS Inc. acquires AMW Construction Supply, terms undisclosed - GMS Inc. provided an update on the continued execution of its growth strategy with the acquisition of AMW Construction Supply, a tools and fasteners and other complementary products distributor servicing the Phoenix, Arizona metro area. In addition, the company announced the recent openings of two new greenfield yards and two new AMES store locations.
PDSB

Hot Stocks

07:07 EDT PDS announces interim 24-month data from VERSATILE-002 Phase 2 trial of PDS0101 - PDS Biotechnology announced updated interim data based on an August 2nd cut off from the VERSATILE-002 Phase 2 clinical trial evaluating PDS0101 in combination with Merck's anti-PD-1 therapy, KEYTRUDA, in patients with unresectable, recurrent, or metastatic HPV16-positive head and neck squamous cell carcinoma, HNSCC. VERSATILE-002 is investigating two patient populations whose cancer has returned or spread - ICI naive and ICI refractory. The ICI naive group had not responded to standard-of-care treatments but had not yet been treated with an ICI. The ICI refractory group included patients who had not responded to multiple prior treatments, including ICI therapy. Data presented at ASCO was based on a January 13th cut off. VERSATILE-002: ICI Naive. Highlights of the interim data from the ICI naive cohort include: 24-month overall survival rate is 74%; published 24-month survival rate of less than 30% for approved ICI; 12-month OS rate is 80%; published results of 30-50% with approved ICIs; Tumor shrinkage seen in 60% of patients; Confirmed overall response rate is 27% to date; Median progression-free survival is 8.1 months to date; published results of 2-3 months PFS with approved ICIs; 13% of patients experienced Grade 3 treatment-related adverse events and 0% experienced Grade 4 or 5 TRAE; published results report 13-17% Grade 3-5 TRAE with approved ICI monotherapy; 60% of patients have CPS score of 1-19, and 40% have CPS score greater than20. VERSATILE-002: ICI Refractory: The goal of this ICI refractory cohort was to confirm and to better understand the role of PDS0101 in prolonging the survival of advanced HPV16-positive head and neck cancer patients who received PDS0101 in combination with KEYTRUDA. This analysis is also intended to provide insight to the contribution of PDS0101 to overall survival in the National Cancer Institute-led study evaluating the combination of PDS0101, PDS0301, and an ICI. Highlights of the interim data from the ICI refractory cohort include: The 12-month OS rate is 56%. The published median 12-month OS rate is 17% with no salvage chemotherapy following tumor progression on ICI; 0% confirmed ORR suggests that PDS0101's impact on survival does not appear to be dependent on tumor shrinkage; 4% of patients experienced Grade 3 TRAE and 0% patients experienced Grade 4 and 5 TRAE.
SMLP

Hot Stocks

07:06 EDT Summit Midstream initiating review of strategic alternatives - Summit Midstream announced an operational update for Q3 and announced that its Board of Directors has initiated a formal review process to evaluate strategic alternatives for the Partnership. Highlights of the operational update include: significant quarterly volume growth across nearly every segment, including ~20% volume growth in the Northeast segment and ~20% liquids volume growth in the Rockies segment; connected 74 wells during Q3, resulting in 224 wells connected year-to-date and remaining on pace to connect a total of ~300 wells by the end 2023; expects Q3 Adjusted EBITDA of ~$70M, representing ~20% growth relative to Q2; reiterates Q4 Adjusted EBITDA guidance of $75M-$85M; active customer base with eight drilling rigs and more than 170 DUCs behind our systems; launched strategic alternatives review with the goal of maximizing unitholder value. These alternatives may include, but are not limited to, continued execution of the Partnership's business plan, sale of assets, refinancing parts or the entirety of its capital structure, sale of the Partnership by merger or cash, or any combination of these and other alternatives. There is no deadline or definitive timetable set for completion of the strategic alternatives review. SMLP's average daily natural gas throughput for its wholly owned operated systems is expected to increase 11% to approximately 1,345 MMcf/d, and liquids volumes are expected to increase 20% to approximately 85 Mbbl/d, relative to Q2. OGC natural gas throughput expected to increase 11% to approximately 870 MMcf/d relative to Q2. Double E Pipeline gross volumes transported are expected to increase 34% to approximately 325 MMcf/d relative to Q2.
AER...

Hot Stocks

07:06 EDT AerCap delivers first of eight new Airbus A321neo aircraft to Latam Airlines - AerCap Holdings (AER) announced it has delivered the first of eight new Airbus (EADSY) A321neo aircraft to Latam Airlines Group. The remaining aircraft are scheduled to deliver through 2023 and 2024. The newly delivered aircraft took off from the Airbus Delivery Center in Hamburg, Germany, to Brazil using 49% Sustainable Aviation Fuel.
HHRS

Hot Stocks

07:06 EDT Hammerhead Energy announces expanded credit facility - Hammerhead Energy announces the expansion of its credit facility to C$450 million effective September 27, 2023. The increase in the credit facility was achieved through a combination of increased commitments by the existing lenders and the addition of the Bank of Montreal into the lending syndicate. The Company is very pleased to have the Bank of Montreal join its lending syndicate and looks forward to a productive relationship with its entire banking syndicate. The increase in the credit facility has allowed Hammerhead to repay, at par value, the remaining US$63.7 million of principal and accrued interest outstanding on its term debt prior to maturity. The early repayment of the term debt will reduce interest expense and eliminate any restrictions on Hammerhead instituting a return of capital strategy for the benefit of its shareholders. Hammerhead expects to communicate its formal return of capital policy, subject to approval by Hammerhead's Board of Directors with the release of its third quarter results on November 7, 2023. On the back of strong operational results and supportive crude oil prices, Hammerhead has entered into a "free funds flow" status. For the months of July and August 2023, the Company generated C$21.9 million of free funds flow1, and expects to generate free funds flow1 each month through the end of 2023 and for every quarter in 2024 based on current strip pricing. Net cash from operating activities for the months of July and August 2023 was C$57.7 million.
NTLA REGN

Hot Stocks

07:04 EDT Intellia Therapeutics, Regeneron announce expanded research collaboration - Regeneron Pharmaceuticals (REGN) and Intellia Therapeutics (NTLA) announced an expanded research collaboration to develop additional in vivo CRISPR-based gene editing therapies focused on neurological and muscular diseases. This builds on the success of the companies' existing collaboration and continues to combine both companies' deep biology and technology expertise. The collaboration will leverage Regeneron's proprietary antibody-targeted adeno-associated virus vectors and delivery systems and Intellia's proprietary Nme2 CRISPR/Cas9 systems adapted for viral vector delivery and designed to precisely modify a target gene. "We are excited to expand our successful collaboration with Regeneron to now accelerate the development of CRISPR-based therapies outside of the liver for the treatment of neurological and muscular diseases with significant unmet need," said Intellia President and Chief Executive Officer John Leonard, M.D. "At Intellia, we are continuously innovating our editing and delivery solutions to realize the full potential of CRISPR gene editing as a new therapeutic modality. This collaboration is representative of our long-standing belief that the most groundbreaking solutions will come from selecting the best tools for each individual application, all of which are enabled by our industry-leading genome editing toolbox." Under the terms of the expanded agreement, the companies will initially research two in vivo non-liver targets. Intellia will lead the design of the editing methodology and Regeneron will lead the design of the targeted viral vector delivery approach.
VRNOF

Hot Stocks

07:04 EDT Verano Holdings receives conditional approval to list on Cboe Canada - Verano Holdings has received conditional approval from Canada's Neo Exchange Inc., operating as Cboe Canada, to list its Class A subordinate voting shares. Upon listing the Shares on Cboe Canada, the Company plans to delist the Shares from the Canadian Securities Exchange. The transition to Cboe Canada does not require the Company to recapitalize or undertake any corporate restructuring. The Shares will continue trading in Canada on the Cboe Canada under the same symbol "VRNO" and in the U.S. on the OTCQX under the same symbol "VRNOF." Trading of the Company's securities is not expected to be disrupted in any way and current shareholders do not need to take any action. Final approval of the listing of the Shares on Cboe Canada is subject to the Company fulfilling customary conditions prescribed by Cboe Canada, and the delisting from the Canadian Securities Exchange is subject to the approval of the Canadian Securities Exchange. A timeline for the transition will be announced once the Company receives final approval from Cboe Canada.
VNT

Hot Stocks

07:04 EDT Vontier platform selected by St1 Nordic Oy - Vontier announced that its Driivz platform has been selected by energy company St1 Nordic Oy to manage its growing retail EV charging network. St1 selected Driivz based on the platform's proven track record for reliability as well as its scalability and adoption by companies in the global EV charging industry. The Driivz solution for St1 delivers advanced EV charging operations management for service station chains. The cloud-based platform provides real-time operator dashboards, comprehensive asset management, an automated issue detection and alert system, and proactive problem resolution powered by self-healing algorithms that can address up to 80 percent of productivity and operational problems.
CYN

Hot Stocks

07:04 EDT Cyngn granted new patent for autonomous vehicle and driving solutions - Cyng announced the issuance of a new patent, US-11760368-B2, for the company's autonomous vehicle and driving solutions. This new patent protects Cyngn's novel same-loop adaptive simulation approach that aims to enhance autonomous driving by concurrently using simulated and real-world driving signals to inform the movement of an AV.
MDNA

Hot Stocks

07:03 EDT Medicenna Therapeutics presents preclinical MDNA223 BiSKIT data - Medicenna Therapeutics announced that new preclinical data characterizing MDNA223, an anti-PD1-IL-2 BiSKIT, were presented at the 2023 AACR Special Conference in Cancer Research: Tumor Immunology and Immunotherapy held from October 1 - 4, 2023, in Toronto, Canada. The poster presentation includes preclinical data demonstrating that the MDNA223 BiSKIT: Showed enhanced IL-2R selectivity and no binding to IL-2R, leading to preferential stimulation of CD8+ T cells over Tregs in human PBMCs, Retained high affinity to PD-1, generating potent blockade of PD-1/PD-L1 mediated exhaustion of T cells, Induced durable proliferation and expansion of CD8+ T cells in the periphery, and enhanced tumor infiltration of functionally active CD8+ T cells, Demonstrated superior efficacy and survival benefit in multiple syngeneic tumor models, including "cold" tumors compared to co-administration of anti-PD1 and IL-2 agonist, Synergized with agonist of the STING pathway to enhance tumor inhibition and promote an abscopal effect as demonstrated by shrinkage of the untreated tumor on opposite flank, Synergized with STING agonist and enhanced tumor inhibition by abscopal effect, Enhanced tumor response while being well-tolerated in a step-up dosing setting.
MAC

Hot Stocks

07:02 EDT Macerich announces opening of SCHEELS at Chandler Fashion Center - Macerich announced the opening of Arizona's first SCHEELS at Chandler Fashion Center in suburban Phoenix on Saturday, Sept. 30. In addition to 75 specialty shops set inside the popular sporting goods retailer, Chandler SCHEELS features a wide variety of fun, family-friendly entertainment including a Ferris wheel, 16,000-gallon saltwater aquarium, a wildlife mountain, Fuzziwig's Candy Shop, Ginna's Cafe, as well as arcade games and sports simulators.
RTX BA

Hot Stocks

07:02 EDT RTX chosen by Boeing for X-66A NASA Sustainable Flight Demonstrator project - RTX (RTX) has been selected by Boeing (BA) as a collaborator on the X-66A flight demonstrator, part of NASA's Sustainable Flight Demonstrator project. Two RTX business units, Pratt & Whitney and Collins Aerospace, will support Boeing with Pratt & Whitney GTF engines, and Collins nacelles and engine accessories. Pratt & Whitney and Collins will also support ground and flight tests, slated to start in 2028. The Sustainable Flight Demonstrator is part of NASA's broader Sustainable Flight National Partnership, which is dedicated to developing the technologies needed to achieve net-zero CO2 emissions for commercial aviation. Boeing's X-66A program is focused on developing the Transonic Truss-Braced Wing concept, which could enable significant improvements in fuel efficiency and reduced emissions for next generation single-aisle aircraft.
ACRS

Hot Stocks

07:02 EDT Aclaris Therapeutics completes enrollment in Phase 2b study of ATI-1777 - Aclaris Therapeutics announced the completion of enrollment into ATI-1777-AD-202, its Phase 2b trial of its investigational topical "soft" Janus kinase 1/3 inhibitor, ATI-1777, in patients with mild to severe atopic dermatitis. Aclaris anticipates releasing top-line efficacy, safety and other preliminary data from this trial around the end of this year. "We are very pleased to have completed the enrollment stage of our Phase 2b trial of ATI-1777 in atopic dermatitis, one of our two lead clinical development assets," stated Gail Cawkwell, M.D., Ph.D., Aclaris' Chief Medical Officer. "With this achievement, we are positioned for a very exciting year end for our two lead assets, first with the data read-out of our Phase 2b trial of zunsemetinib in rheumatoid arthritis expected in November, followed by the top-line results of the ATI-1777 trial expected around year end."
ONEW

Hot Stocks

07:01 EDT OneWater Marine announces strategic relationship with Bradford Marine - OneWater Marine announced that it has entered into a strategic relationship with Bradford Marine, in which OneWater completed a sale/leaseback arrangement of the Roscioli Yachting Center with Bradford Marine to provide world-class support for the OneWater Yacht Group and Sunseeker brands. Concurrently, Bradford Marine will acquire the service operation at the Roscioli Yachting Center and all of the related real estate. The proceeds from this transaction will be used to reduce the Company's long-term debt, as well as fund ongoing strategic M&A opportunities. "This strategic relationship allows us to sharpen our focus on growing our Sunseeker Yacht sales, warranty and service operations, while also strengthening our balance sheet. Roscioli's comprehensive yacht and mega yacht service offering is a natural complement to the highly regarded Bradford family of companies, and we look forward to a continued partnership for years to come," said Austin Singleton, Chief Executive Officer for OneWater.
DHT

Hot Stocks

06:48 EDT DHT Holdings purchased 1,137,583 of its own shares in Q3 - DHT Holdings announced that the company during the third quarter has purchased 1,137,583 of its own shares, equivalent to 0.7% of its outstanding shares, at an average price of $8.7219. The shares have been retired upon receipt.
LLY PNT

Hot Stocks

06:48 EDT Eli Lilly to acquire Point Biopharma for $12.50 per share - Eli Lilly (LLY) and Point Biopharma (PNT) announced a definitive agreement for Lilly to acquire Point. Lilly will commence a tender offer to acquire all outstanding shares of Point for a purchase price of $12.50 per share in cash payable at closing. The transaction has been approved by the boards of directors of both companies. The transaction is not subject to any financing condition and is expected to close near the end of 2023, subject to customary closing conditions, including the tender of a majority of the outstanding shares of Point's common stock, and license transfer approval from the U.S. Nuclear Regulatory Commission. Following the successful closing of the tender offer, Lilly will acquire any shares of Point that are not tendered in the tender offer through a second-step merger at the same consideration as paid in the tender offer. The purchase price payable at closing represents a premium of approximately 87% to Point's closing stock price on October 2, the last trading day before the announcement of the transaction, and 68% to the 30-day volume-weighted average price. Point's board of directors unanimously recommends that Point's stockholders tender their shares in the tender offer. Lilly will determine the accounting treatment of this transaction as a business combination or an asset acquisition, including any related acquired in-process research and development charges, according to Generally Accepted Accounting Principles upon closing. This transaction will thereafter be reflected in Lilly's financial results and financial guidance.
RPM

Hot Stocks

06:48 EDT RPM acquires panelized wall systems fabrication business - RPM announced that the wall system fabrication segment of NOW Specialties has been acquired by RPM's Tremco CPG and is now part of Tremco Construction Products Group. The Texas-based Fabrication Business is a wall system fabricator specializing in Metal Composite Material and Aluminum Composite Material panels and has annual net sales of approximately $20M. Terms of the transaction were not disclosed, and NOW's installation business was not part of the acquisition.
BAM

Hot Stocks

06:47 EDT Brookfield Asset Management raises $12B for global private equity program - Brookfield Asset Management announced the closing of its latest flagship global private equity program, Brookfield Capital Partners VI. With $12B in total capital raised for the strategy, BCP VI is the largest private equity fund raised by Brookfield. Partners in BCP VI are a diverse group of institutional investors, including public and private pension plans, sovereign wealth funds, financial institutions, endowments and foundations, and family offices. Brookfield has committed $3.5B to the Fund, underscoring the firm's alignment of interests with other investors. To date, the Fund has committed approximately $4B to acquire six market-leading businesses and continues to provide meaningful co-investment opportunities to its partners.
CYD

Hot Stocks

06:36 EDT China Yuchai awarded 20MW order for ferroalloy off-gas power generation system - China Yuchai announced that GYMCL's wholly owned subsidiary, Guangxi Yuchai Marine and Power Genset Co, won a new contract to install Yuchai's ferroalloy off-gas power generation system at a production plant which specializes in silicon-manganese alloys production in Inner Mongolia, China. The smelting process for producing silicon-manganese alloys will emit a combustible and hazardous ferroalloy off-gas at high temperatures. Yuchai's ferroalloy off-gas power generation system effectively utilizes this off-gas as a fuel resource for power generation, which not only eliminates greenhouse gas emissions but also enhances metal production safety. Upon installation and integration to the local grid, this project is expected to produce more than 160M kilowatt-hours of electricity per year and greatly reduce carbon dioxide emissions, creating a positive impact on both the economy and the environment. This Yuchai ferroalloy off-gas power generation system, comprising 16 units of YC16VCN engines, is a newly improved gas power generator produced by MPG to match global standards. The YC16VCN engine is designed to satisfy the requirements for various applications and features high reliability, high efficiency, environmental protection, low maintenance cost, and safety protection. It improves electrical power efficiency by more than 40%.
ADRT

Hot Stocks

06:35 EDT Ault Disruptive Technologies' compliance plan accepted by NYSE - Ault Disruptive Technologies announced that the NYSE American has accepted the company's business plan to regain compliance with the Exchange's continued listing standards. On July 21, the company received notification from the Exchange that it was not in compliance with continued listing standards which require a listed company to maintain a minimum of 200,000 shares publicly held and a minimum of 300 public stockholders on a continuous basis, respectively. The company submitted a plan of compliance to the Exchange on August 18, 2023, addressing how the Company intends to regain compliance with these requirements by December 20, 2024. On September 27, 2023, the company received notice from the Exchange that it had accepted the Plan and granted a plan period through December 20, 2024, to regain compliance with the continued listing standards. If the company is not in compliance with the continued listing standards by that date or if the company does not make progress consistent with the Plan during the plan period, the Exchange may commence delisting procedures.
DGHI...

Hot Stocks

06:24 EDT Digihost mined 85 bitcoin in September - Digihost provided unaudited comparative Bitcoin, or BTC, production results for the month ended September 30, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Mined approximately 85 bitcoin. Production of daily bitcoin mined increased by 21% over the previous month, as the company finalized the infrastructure setup at its most recently acquired site. Infrastructure installation has been completed at the company's other two sites. The company held cash, BTC and cash deposits of approximately $2.4M as of September 30, which was approximately 10% greater than Digihost's cash, BTC and cash deposits of $2.2M as of August 31. Spent approximately $0.3M on capital expenditure and mining infrastructure support equipment. Digihost continues to monitor its capital expenditures closely with self-funding to avoid equity dilution for its shareholders. Consistent with management's ongoing commitment to avoid equity dilution for its shareholders, the company has continued to monetize a portion of its BTC production to fully fund its energy costs. The company did not purchase or sell any miners during the month.
WISA

Hot Stocks

06:17 EDT WiSA Technologies provides business update - WiSA Technologies provided a business update that focuses on achieving key milestones and reducing total SG&A expenses leading into 2024. CEO Brett Moyer said, "WiSA E development kits began shipping to strategic customers in July 2023, and today we rolled out our licensing plan for WiSA E software, which will drive wireless interoperability between HDTVs, soundbars and speakers. Our strategy is to dominate the link between TV and external audio by eliminating cost redundancy while leveraging this position with other smart devices, and we expect to achieve strategic milestones that provide visibility into multiple customers and revenue streams in 2024...there has been a prolonged challenging industry and capital markets environment. Accordingly, we have initiated expense reductions in SG&A that we expect will lower our cash expenses, albeit while retaining ongoing investments in R&D. The impact of this re-alignment will begin in Q4 2023 and be more fully realized in 2024 as we expect to achieve cash savings of about $0.9M in Q1 2024 and about $4M total in 2024 as compared to 2023. At present, we are prioritizing our WiSA E platform, and we are focused on operational and financial milestones that will demonstrate the platform's efficacy at CES 2024 and believe that our product and strategic refocus coupled with our targeted expense reductions will position us to for an exceptionally productive CES 2025."
NSTG

Hot Stocks

06:15 EDT NanoString and partners establish joint lab for spatial genomics in Singapore - NanoString, the Agency for Science, Technology and Research 's - or A*STAR - Genome Institute of Singapore - GIS -, and Next Level Genomics - NLG -, are establishing a joint laboratory in Singapore focusing on the application of spatial biology to identify biomarkers that can predict disease progression and treatment response. The new lab, called the SpACE-Dx lab - Spatial Atlas of Clinical Evolution of Disease -, will harness spatial multiomic - gene and protein expression - technologies to drive research in complex diseases, with a primary focus on cancer. The SpACE-Dx lab will be situated within A*STAR's GIS facility and be accessible to the local research community. It aims to foster collaboration and accelerate advancements in spatial genomics research. NLG will provide the laboratory expertise in spatial genomics utilising NanoString instruments to aid researchers in applying cutting-edge spatial technology to their ongoing research. NanoString's platforms allow researchers to measure the multi-modal expression of genes and proteins in the natural context of tissue structure, including diseased cells such as cancer cells and the cells within their microenvironment.
LFMD

Hot Stocks

06:09 EDT LifeMD and Particle Health report potential of electronic health record data - LifeMD and Particle Health, an intelligent data platform that aggregates and delivers actionable patient data and insights to healthcare companies, announced the results of their joint study demonstrating that delivering actionable clinical insights can save healthcare providers valuable time and streamline the patient weight management journey. The joint research study found that Particle's API platform was able to compliantly review patient health histories collected from electronic health records to contextualize data effectively and efficiently, and potentially facilitate informed decision-making, streamline patient triage and determine eligibility for treatment with Glucagon-Like Peptide-1 drugs. In collaboration with LifeMD, Particle leveraged clinical data to identify those patients with a higher likelihood of meeting the clinical criteria for a GLP-1 drug. The Particle platform's data analysis delivered clinical insights that identified 53% of individuals as requiring a physician touchpoint to acquire more data. As a result of Particle's actionable insights, the patients who were excluded from medication therapy could be redirected to other weight management resources, as appropriate.
SNY JNJ

Hot Stocks

06:06 EDT Sanofi announces pact with J&J to develop and commercialize E. coli vaccine - Sanofi (SNY) announces that it has entered into an agreement with Janssen Pharmaceuticals, a Johnson & Johnson (JNJ) company, to develop and commercialize the vaccine candidate for extraintestinal pathogenic E. coli developed by Janssen, currently in Phase 3. "The agreement brings together Janssen's robust science behind this potential first-in-class product and Sanofi's worldwide manufacturing footprint and recognized world-class expertise in launching innovative vaccines," Sanofi stated. Under the terms of the agreement, both parties will co-fund current and future research and development costs. Sanofi will pay USD 175M upfront to Janssen, followed by development and commercial milestones. There will be a profit-share arrangement in the U.S., EU4 and the UK. In the rest of the world, Janssen will receive tiered royalties and sales milestones. Closing is subject to customary regulatory clearance.
ALXO

Hot Stocks

06:05 EDT ALX Oncology's evorpacept shows efficacy in Phase 2 gastric cancer trial - ALX Oncology announced positive prespecified interim Phase 2 data from its ASPEN-06 clinical trial, a randomized multi-center international study evaluating evorpacept, the company's CD47 blocking therapeutic, in combination with trastuzumab, Cyramza and paclitaxel for the treatment of patients with HER2-positive gastric/gastroesophageal junction - GEJ - cancer. A confirmed overall response rate of 52% was demonstrated for evorpacept in combination with trastuzumab + Cyramza + paclitaxel compared to 22% for the control group of trastuzumab + Cyramza + paclitaxel. Median duration of response was not reached for the evorpacept combination treatment arm compared to 7.4 months for the control group. The safety profile of evorpacept was consistent with previous clinical trials and was well-tolerated. These interim results compare favorably to the efficacy reported for Cyramza + paclitaxel in the Rainbow study- ORR of 28% and mDOR of 4.4 months -, which is the regulatory benchmark and global standard of care for second line gastric/GEJ cancer. ALX looks forward to reporting the final analysis from the ongoing Phase 2 ASPEN-06 study in Q2 2024 and plans to initiate the Phase 3 portion of ASPEN-06 in late 2024.
AZN

Hot Stocks

06:05 EDT AstraZeneca settles Nexium, Prilosec product liability litigations for $425M - AstraZeneca has entered into settlement agreements in the product liability litigations related to Nexium and Prilosec. The agreements effectively resolve the product liability claims that are currently pending in the Multidistrict Litigation in the US District Court for the District of New Jersey, as well as in the Delaware Superior Court and the New Jersey Superior Court. The specific terms of the agreements are confidential. The company said: "AstraZeneca continues to believe these claims are without merit and admits no wrongdoing in the settlement agreement. These settlements avoid continued costly litigation and allow the Company to move forward with its purpose of delivering life changing medicines to millions of patients around the world. A single case remains pending in the US District Court for the Middle District of Louisiana. Trial is scheduled in that case for April 15, 2024. AstraZeneca will make payment of $425M, for which a provision has been taken." Reference Link
RMTI

Hot Stocks

06:03 EDT Rockwell Medical enters three-year product purchase agreement with CDC - Rockwell Medical announced that the company entered into a three-year product purchase agreement with Centers for Dialysis Care, the largest non-profit, independent outpatient dialysis provider in Northeast Ohio. CDC provides in-center dialysis, home dialysis, training, education support, and nutrition counseling to individuals with kidney disease and kidney failure. As part of this long-term, multi-million dollar product purchase agreement, which includes supply and purchasing commitments, Rockwell Medical will be the preferred supplier of liquid and dry acid and bicarbonate hemodialysis concentrates and related accessories to CDC and its nearly 20 facilities located throughout Northeastern Ohio.
KITT

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06:02 EDT Nauticus Robotics to acquire 3D at Depth for $34M in stock - Nauticus Robotics announced the execution of a definitive agreement to acquire 3D at Depth, a global leader in commercial subsea laser LiDAR inspection and data services, for approximately $34M in stock, before certain purchase price adjustments and the assumption of debt. This strategic acquisition enhances Nauticus' full spectrum of autonomous underwater maritime capabilities, including integrated sensor solutions and data collection and analysis. It expands market reach and increases the value and utilization of Nauticus' Fleet assets. The transaction is expected to be accretive to Nauticus' 2024 revenue per share, earnings per share, and cash flow per share. During 2022, 3D generated $9.8M of revenue with a gross profit margin in excess of 60%, and it is on track to grow revenue by more than 20% in 2023. Under the terms and subject to the conditions of the acquisition agreement, 3D security holders will receive approximately 9.9326 shares of Nauticus common stock for each share of 3D common stock equivalent they own, for an aggregate equity value of approximately $34M, before purchase price adjustments. Nauticus will also assume approximately $4.1M of debt in the transaction. The transaction is expected to close during the fourth quarter of 2023. Upon closing of the transaction, 3D will operate as a division of Nauticus. The boards of both companies have unanimously approved the transaction, which is subject to customary closing conditions, including the approval of Nauticus' and 3D's respective stockholders.
NVEI

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05:22 EDT Nuvei opens latest operational hub in China - Nuvei announced it has opened its latest operational hub in China as it continues to expand its presence in the Asia-Pacific, or APAC, region. Nuvei is already providing cross-border payment services to many Chinese businesses as they scale internationally, including Geekbuying, Vakatrip, and Cupshe. With its new increased footprint in the region, Nuvei is extending its global reach, as well as servicing current and future clients with an enhanced local expertise and customer service. Launching an office in China is only the latest announcement from Nuvei as it continues to demonstrate its commitment to supporting businesses with accelerating their growth through payments in APAC. Recently, Nuvei announced that it had extended its global reach in the region by obtaining its local acquiring license in Australia, following the announcement that it had obtained local acquiring licenses in Singapore and Hong Kong in 2022. Nuvei also enables businesses in APAC to connect with customers across the region by offering all the relevant alternative payment methods (APMs) to every customer from its suite of 634 APMs.
OXY

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05:20 EDT Occidental, Adnoc commence jointly funded preliminary engineering project - Occidental announced that its subsidiary 1PointFive and Adnoc signed an agreement to commence a jointly funded preliminary engineering study for a 1M ton-per-year Direct Air Capture, or DAC, facility in the United Arab Emirates. The joint study agreement for the DAC facility, signed at the ADIPEC conference in Abu Dhabi, is the first project announced since the companies signed a memorandum of understanding on August 1 to jointly explore carbon capture, utilization and storage projects in the United States and the UAE. The study will assess the feasibility of building the first megaton-scale DAC facility outside the United States, using the same carbon dioxide, or CO2, extraction technology to be deployed in the plant 1PointFive is constructing in Ector County, Texas. The Texas facility, named Stratos, is designed to include DAC technology developed by Canada-based Carbon Engineering and is expected to capture up to 500,000 tons of CO2 from the atmosphere each year when fully operational. 1PointFive is marketing carbon dioxide removal, or CDR, credits to assist hard-to-abate industries and other companies achieve their net-zero targets. If the UAE project is approved, CO2 extracted at the DAC facility is expected to be connected to Adnoc's CO2 infrastructure in Abu Dhabi for injection and permanent storage into saline reservoirs not used for oil and gas production. Adnoc is in the testing phase of the world's first fully sequestered CO2 injection well in a carbonate saline aquifer in Abu Dhabi.
CLVT

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05:15 EDT Clarivate selected by Yale to provide library services, discovery platforms - Clarivate announced that Yale University has selected Clarivate to provide its library services and discovery platforms. Ex Libris Alma and Ex Libris Primo VE, both part of Clarivate, will provide Yale with a solution that integrates AI and Linked Data to simplify the process for students, researchers and faculty.
LXU...

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05:13 EDT LSB Industries, Inpex Air and Liquide team to develop ammonia production project - Tokyo-based Inpex (IPXHY), Paris-based Air Liquide (AIQUY), Oklahoma City-based LSB Industries (LXU) and Houston-based Vopak Moda Houston have agreed to collaborate on the pre-FEED for the development of a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel. If the development proceeds, the project's first phase is targeted to produce more than 1.1M tons per annum, or MTPA, of low-carbon ammonia by the end of 2027, with options for future expansions. The parties completed a feasibility study on the project earlier this year and the preferred facility's location on the Houston Ship Channel, the second largest petrochemical corridor in the world, leverages existing infrastructure assets. Vopak Moda has invested in storage and handling infrastructure for bulk liquid products and currently operates an ammonia terminal that includes storage tanks and a newbuild dock with multiple deep-water berths. The project also has access to utilities and would be near multiple pipelines that could supply raw materials like natural gas and water. The project partners will bring complementary expertise to the production, operation, storage and export for the advancement of low-carbon ammonia production in the US: Air Liquide and Inpex would collaborate on low-carbon hydrogen production. Air Liquide would supply its AutoThermal Reforming, or ATR, technology, an ideal solution for large-scale hydrogen production projects, combined with its proprietary carbon capture technology. The combination of ATR technology with carbon capture aims to capture at least 95% of direct CO2 emissions from hydrogen production with at least 1.6 MTPA CO2 captured and permanently sequestered from this project. Air Liquide would be responsible for onsite nitrogen and oxygen production, using its proprietary Air Separation Unit, or ASU, technology. LSB and Inpex would collaborate on low-carbon ammonia production. LSB would lead the selection of the ammonia loop technology provider, the pre-FEED, and the engineering, procurement and construction of the facility. LSB would also be responsible for the day-to-day operation of the ammonia loop. INPEX and LSB would sell the low-carbon ammonia and finalize off-take agreements with the numerous parties that have expressed interest and could also further partner in the project. The majority of the product would be used for power generation in Asia with some volumes going to Europe and the U.S. Inpex, with stakes in both hydrogen and ammonia production, will likely be the largest investor in the overall project across the entire value chain, from production to export. Vopak Moda currently operates ammonia storage and handling infrastructure from its Very Large Gas Carriers, or VLGC-capable, deepwater berth which is located in the deepest part of the Houston Ship Channel. Vopak Moda will maintain its ownership of the existing infrastructure and plans to build additional storage capacity as required to handle the low-carbon ammonia production of the proposed new facility.
CALT

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05:06 EDT Calliditas Therapeutics partner submits request to MHRA to convert Kinpeygo CMA - Calliditas Therapeutics announced that its partner Stada Arzneimittel has submitted a request to the Medicines and Healthcare products Regulatory Agency, or MHRA, of the United Kingdom to convert the conditional marketing authorization, or CMA, for Kinpeygo, a treatment for primary IgA nephropathy, or IgAN, to standard, or "full", marketing authorization. The submission to the MHRA for full approval, made by Stada's affiliate Britannia Pharmaceuticals, is based on the full two-year data set from the Phase 3 NefIgArd clinical trial, as recently published in leading medical journal The Lancet. The trial met its primary endpoint, with Kinpeygo demonstrating a highly statistically significant benefit over placebo in estimated glomerular filtration rate over the two-year period of nine months of treatment with Kinpeygo or placebo and 15 months of follow-up off drug.