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

HOOD

Hot Stocks

20:02 EDT Cathie Wood's ARK Investment bought 197.3K shares of Robinhood today
COST

Hot Stocks

18:51 EDT Costco exec sells $1.41M in common stock - In a regulatory filing, Costco disclosed that its EVP Claudine Adamo sold 2,565 shares of common stock on October 23 in a total transaction size of $1.41M.
WBA

Hot Stocks

18:50 EDT Walgreens Boots Alliance to partner with Hartford HealthCare on health clinics - Walgreens and Hartford HealthCare "will add health clinics to select Walgreens locations in Connecticut, advancing a unique retail health model based on convenience, access to care, affordability and health equity. This is Walgreens first retail clinic collaboration with a health system in New England. Under a clinical collaboration agreement, five clinics operated by Hartford HealthCare medical providers will be added to Walgreens locations, including 340 Flanders Road, in East Lyme (at Flanders Four Corners); 2 Shaker Road, in Enfield; 235 Main Street, in Norwalk; and 203 Kennedy Drive, in Putnam. One additional location will be announced in the coming months. Hartford HealthCare at Walgreens clinics are scheduled to open within a year and will offer primary care, screenings, vaccinations, confidential telehealth services and more, seven days per week by appointment or walk-in."
GRFS

Hot Stocks

18:33 EDT Grifols' Araclon Biotech presents 'positive' results from Phase 2 ABvac40 study - The company states: "Araclon Biotech, a Grifols Group company dedicated to the research and development of therapies and diagnostic methods applied to neurodegenerative diseases, announced encouraging final results from its Phase 2 trial of ABvac40, an active vaccine against the Abeta40 peptide, for the treatment of patients with early-stage Alzheimer's disease. Araclon gave a late-breaking presentation at the 2023 Clinical Trials on Alzheimer's Disease conference. Results show that ABvac40 had a favorable safety profile, elicited a robust immune response against Abeta40, and demonstrated some potential cognitive benefits in early-stage AD patients, meeting primary endpoints and showing differences between the vaccine- and placebo-treated groups in some secondary exploratory endpoints. Data confirm preliminary findings indicating a comparable safety profile between ABvac40 and placebo groups, with similar rates of treatment-emergent adverse events. Specifically in the treatment group there were no reports of swelling or aseptic meningo-encephalo-myelitis, and few instances of micro-hemorrhages comparable to placebo and none leading to discontinuation. ABvac40 is uniquely designed to target the C-terminal end of the Abeta40 peptide, thus believed to prevent harmful reactions and avoid immune triggers responsible for meningoencephalitis, a complication observed in earlier AD vaccines. Emerging research suggests that undefinedbeta40 plays a role in cerebral amyloid angiopathy, a highly prevalent condition among the growing number of AD patients. According to estimates by the Alzheimer's Association, the number of patients with Alzheimer's disease is expected to double by the year 2050 in just the U.S., from 6.7 million in 2023."
ABT

Hot Stocks

18:31 EDT Abbott reports data from trials of its heart devices to treat valve diseases - Abbott announced data from late-breaking presentations showing the impact of its minimally invasive heart devices in treating mitral and tricuspid valve disease. Data include findings from the TRILUMINATE pivotal trial that reinforce the safety and effectiveness of the TriClip transcatheter edge-to-edge repair, or TEER, system for patients with symptomatic, severe tricuspid regurgitation, or TR, despite optimal medical therapy. The company also presented late-breaking data from the MitraClip EXPAND G4 real-world registry that highlights the device's benefits across a broad group of patients with mitral regurgitation, or MR. Leaky valves in people with MR and TR can reduce the amount of blood being pumped through the body and make the heart work harder than it should. While historically surgery was often necessary to combat MR and TR, Abbott's minimally invasive portfolio of structural heart devices has allowed more people around the world to be effectively treated without the risk of surgical complications. Key findings from the TRILUMINATE pivotal trial through one year include: Consistent with and reinforcing the findings in the primary randomized population, TriClip therapy demonstrated significant improvements in quality of life as measured by the Kansas City Cardiomyopathy Questionnaire score for the full randomized group, along with an excellent safety profile. The single-arm group with more complex anatomies and advanced disease met its primary endpoint. The data demonstrated that TriClip was safe, with 81% of patients achieving TR reduction to moderate or less and reporting a similar degree of KCCQ improvement to the randomized population. Key findings from the EXPAND G4 study at one year include: The highest reported MR reduction in a mitral TEER study to date, sustained through one year, with MR reduction to mild or less achieved in 93% of patients, and trace or less MR achieved in 44% of patients. Significant clinical improvements, including 82% of patients achieving New York Heart Association Functional Class I/II, an improvement from 36% at baseline; and a 19-point improvement in KCCQ score. MitraClip showed the lowest rates of all-cause mortality, 12%, and hospitalization for heart failure, 17%, in a global, real-world mitral TEER study.
OPT

Hot Stocks

18:29 EDT Opthea Ltd (ADR) trading halted, news pending
ABT

Hot Stocks

18:26 EDT Abbott reports data from trials of its heart devices to treat valve diseases - Abbott announced data from late-breaking presentations showing the impact of its minimally invasive heart devices in treating mitral and tricuspid valve disease. Data include findings from the TRILUMINATE pivotal trial that reinforce the safety and effectiveness of the TriClip transcatheter edge-to-edge repair, or TEER, system for patients with symptomatic, severe tricuspid regurgitation, or TR, despite optimal medical therapy. The company also presented late-breaking data from the MitraClip EXPAND G4 real-world registry that highlights the device's benefits across a broad group of patients with mitral regurgitation, or MR. Leaky valves in people with MR and TR can reduce the amount of blood being pumped through the body and make the heart work harder than it should. As a result, MR and TR can lead to other cardiovascular issues as well as severely limit a person's quality of life. While historically surgery was often necessary to combat MR and TR, Abbott's minimally invasive portfolio of structural heart devices has allowed more people around the world to be effectively treated without the risk of surgical complications.
NEXA

Hot Stocks

18:09 EDT Nexa Resources lowers Aripuana zinc production view to 20-23kt from 28-40kt - Nexa Resources provides an update on the progress of the Aripuana ramp-up phase and new estimates for production, in addition to exploration and project development and cash costs revisions. The figures contained in this report are considered preliminary and are unaudited. Aripuana: Zinc production for 2023 is now expected to be 20-23kt, lower than previous guidance of 28-40kt, mainly explained by processing plant limitations due to certain equipment resulting in a delayed ramp-up to expected steady production. For the same reasons, copper production is now expected to be 4-5kt instead of 6-8kt. 2023 production estimates for Nexa's other five mines remain unchanged. Cash Cost for the mining and smelting segments were revised downward by 29% to 35c to 38c per pound of zinc sold for mining, and 5% to $1.07 to $1.12 per pound of zinc sold for smelting, respectively, primarily due to higher by-products contribution and lower treatment charges positively impacting our mining segment. Exploration & Project Evaluation and Other expenses guidance are being reduced by $15M in 2023. This revision is mainly attributed to initiatives to optimize capital allocation. The capital expenditure required for the pump's replacement will not affect Capex guidance for 2023.
MSFT

Hot Stocks

18:06 EDT Microsoft sees H2 Azure growth 'roughly stable' - Sees roughly $900M for purchasing accounting adjustments in each quarter in H2 from Activision Blizzard deal. Says continues to expect FY24 operating margins "flat" year-over-year.
MSFT

Hot Stocks

18:05 EDT Microsoft sees Q2 Gaming revenue growth mid-to-high 40% range - Sees Q2 operating expense $15.5B-$15.6B.
MSFT

Hot Stocks

18:03 EDT Microsoft sees Q2 Intelligent Cloud revenue $25.1B-$25.4B - Sees Q2 More Personal Computing revenue $16.5B-$16.9B. Sees Q2 Productivity and Business Processes revenue $18.8B-$19.1B. Sees Q2 Office Consumer revenue growth in mid single digits. Sees Q2 LinkedIn revenue growth mid single digits. Sees Q2 Dynamics revenue growth in high teens. Sees Q2 Azure revenue growth 26%-27% in constant currency. Sees Q2 CapEx up sequentially. Sees Q2 bookings growth relatively flat. Sees Q2 currency boosting sales by 1%. Says commentary includes net impact of Activision Blizzard closing. Sees Q2 Devices revenue down mid-teens.
TDY

Hot Stocks

17:53 EDT Teledyne appoints Edwin Roks as CEO - The Board of Directors of Teledyne Technologies announced that Robert Mehrabian will be named Executive Chairman, effective January 1, 2024. As Executive Chairman, Mehrabian will remain actively involved with the company with a particular focus on strategy, technology, mergers and acquisitions and margin expansion programs. Mehrabian's employment contract has been amended and extended an additional three years to December 2026. In addition, Edwin Roks will assume the role of CEO and George C. Bobb III will assume the role of President and COO. Edwin Roks, current Executive Vice President of Teledyne, leads Teledyne's Digital Imaging Segment and has gained increasing levels of operational responsibility, including the successful integration of Teledyne's largest acquisitions. Roks joined Teledyne in 2011 with the acquisition of Teledyne DALSA and also served as Teledyne's CTO from 2014 to 2015. George C. Bobb III, current Executive Vice President of Teledyne, leads Teledyne's Aerospace and Defense Electronics Segment, the Marine Instrumentation group, the Engineered Systems Segment, and Teledyne Scientific & Imaging, which includes classified Digital Imaging programs, as well as Teledyne's Information Technology function. Jason VanWees, Vice Chairman, will continue in his current role, with responsibility for strategy, capital allocation, mergers & acquisitions, investor relations and margin improvement programs. Finally, Melanie S. Cibik, will be promoted to Executive Vice President, General Counsel, Chief Compliance Officer and Secretary, and will continue to oversee Teledyne's legal, compliance, human resources, ethics and corporate governance programs. VanWees and Miss Cibik joined Teledyne in connection with its spinoff in 1999. Bobb will report to Roks, effective January 1, 2024. VanWees will continue to report to Mehrabian. Miss Cibik will report to Roks and Mehrabian, as appropriate.
MSFT

Hot Stocks

17:48 EDT Microsoft says over 18,000 organizations use Azure OpenAI - Says fiscal year off to "strong start." Says Azure took share in Q1. Says over 18,000 organizations use Azure OpenAI. Says Game Pass "redefining" destribution of games. Says achieved record for hours played for Game Pass subscribers in Q1. Comments taken from Q1 earnings conference call.
BKH

Hot Stocks

17:31 EDT Black Hills Wyoming files settlement pact for rate review in Wyoming - Black Hills Corp. announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140M of investments since 2019 in its more than 6,400-mile natural gas system. "These critical investments support the long-standing expectations from our customers and communities for reliable, safe and resilient natural gas service, particularly during extreme weather, like Wyoming has experienced the last two winters," said Linn Evans, president and CEO of Black Hills Corp. "These investments are also needed to meet the growing needs of our Wyoming communities." The settlement agreement is pending a final hearing and approval by the Wyoming commission. If approved, the settlement agreement will generate approximately $13.9M of new annual revenues based on a capital structure of 51% equity and 49% debt and a return on equity of 9.85%. The agreement provides for new rates effective Jan. 1, 2024. The settlement agreement extends the Wyoming Integrity Rider for an additional four years of investments in the company's distribution, transmission, and storage integrity programs, limited to a maximum of $80M in project expenditures over that period. The agreement also approves the establishment of the Green Forward Program, a voluntary renewable natural gas environmental attribute and carbon offset pilot program.
MRIN

Hot Stocks

17:30 EDT Marin Software gets approval to transfer listing to Nasdaq - Marin Software announced that on October 24, 2023, the Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC approved the Company's request to transfer the listing of the Company's shares of common stock from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer is expected to take effect at the opening of business on October 25, 2023. The transfer of the Company's listing to the Nasdaq Capital Market is not expected to have any immediate effect on trading in shares of the Company's common stock. The Company's shares will continue to trade uninterruptedly under the symbol "MRIN."
GOOG GOOGL

Hot Stocks

17:25 EDT Alphabet says YouTube saw solid momentum in both ads, subscription services - Says heard positive feedback from partners at NFL on new features of NFL Sunday Ticket. Says pleased with growth and engagement on YouTube Shorts. Says Shorts has 70B daily views. Says solid growth in retail vertical. Comments taken from Q3 earnings conference call.
V

Hot Stocks

17:14 EDT Visa raises quarterly dividend to 52c from 45c per share - Visa board of directors declared an increase to Visa's quarterly cash dividend to $0.520 per share of class A common stock payable on December 1, 2023, to all holders of record as of November 9, 2023.
V

Hot Stocks

17:13 EDT Visa authorizes $25B buyback program - In October, Visa board of directors authorized a new $25.0 billion multi-year class A common stock share repurchase program.
WFRD

Hot Stocks

17:08 EDT Weatherford raises FY23 adjusted EBITDA margin expansion to 400bps from 350bps - The company states: "The first three quarters of 2023 are a springboard to close the year with strong momentum, as we expect revenues to continue to grow in the fourth quarter and we now expect full year adjusted EBITDA margins to expand over 400 basis points year-over-year, with adjusted free cash flow over $450 million." The company's prior forecast called for "EBITDA margin expansion of over 350 basis points year-over-year and adjusted free cash flow to exceed $400 million for the year."
WM

Hot Stocks

17:03 EDT Waste Management sees sustainability growth capital spending $750M in 2023
WM

Hot Stocks

17:02 EDT Waste Management sees FY23 free cash flow $1.825B-$1.925B
ROL

Hot Stocks

17:01 EDT Rollins raises quarterly dividend from 13c per share to 15c - The dividend is payable December 11, 2023 to shareholders of record at the close of business on November 10, 2023. This represents an increase of 15 percent from the same quarter a year ago.
ATER

Hot Stocks

16:54 EDT Aterian receives 180 days extension from Nasdaq to regain compliance - Aterian announced that it received written notice from The Nasdaq Stock Market granting the Company a 180-day extension, or until April 22, 2024, to regain compliance with Nasdaq's $1.00 minimum bid price requirement as set forth in Nasdaq Listing Rule 5550. This Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq which will continue to trade under the symbol, "ATER."
RRC

Hot Stocks

16:50 EDT Range Resources sees FY23 all-in capital budget $570M-$615M - Range is targeting a maintenance program in 2023, resulting in approximately flat production at 2.12-2.16 Bcfe per day, with ~30% attributed to liquids production. Range's 2023 all-in capital budget is $570M-$615M. Updated FY23 expense guidance include: Direct operating expense 11c-13c per mcfe; transportation, gathering, processing and compression expense $1.43-$1.46 per mcfe; taxes other than income 4c-5c per mcfe; exploration expense $22M-$28M; G&A expense 17c-19c per mcfe; interest expense 14c-16c per mcfe; DD&A expense 46c-48c per mcfe; net brokered gas marketing expense $0M-$5M.
FIVN

Hot Stocks

16:49 EDT Five9 names Niki Hall as Chief Marketing Officer - Five9 announced the appointment of Niki Hall, an industry leader with more than 20 years of experience in technology marketing, as chief marketing officer. Reporting directly to CEO Mike Burkland, Hall's focus will be on all areas of B2B marketing, including demand generation, partner marketing, product marketing, field enablement, branding, corporate communications, analyst relations, channel marketing, marketing analytics, and events. She rejoins the company after serving as VP of Marketing for nearly two years starting in 2017.
MWA

Hot Stocks

16:43 EDT Mueller Water increases quarterly dividend 4.9% to 6.4c per share - Mueller Water announced that its board of directors has declared an increase to the company's quarterly dividend by approximately 4.9% to 6.4c per share from 6.1c per share, payable on or about November 20 to stockholders of record as of the close of business on November 9.
SNAP

Hot Stocks

16:39 EDT Snap now down 4% after previous post-results jump
RHI

Hot Stocks

16:37 EDT Robert Half says Q3 gross margins remained strong due to pricing discipline - Says "operating cost base also benefited from the targeted actions we have taken to align costs with revenues." Says "confident" in growth prospects as macro landscape improves. Says "macroeconomic forecasts are mixed and this is reflected in clients' continued hiring caution. Clients are budget-sensitive and very selective in their hiring activities, including the approval of new projects." Comments taken from investor presentation slides.
QBTS

Hot Stocks

16:34 EDT D-Wave Quantum receives non-compliance notice from NYSE - D-Wave Quantum announced that it received notice from the New York Stock Exchange on October 20, 2023 that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because, as of October 20, 2023, the average closing price of the company's common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the company's common stock from the NYSE. On October 24, 2023, the company notified the NYSE that it intends to cure the stock price deficiency and to return to compliance with the NYSE continued listing standard. The company can regain compliance at any time within the six-month period following receipt of the NYSE notice if on the last trading day of any calendar month during the cure period the company has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. Under the NYSE's rules, if the company determines that, if necessary, it will cure the stock price deficiency by taking an action that will require stockholder approval, it must so inform the NYSE in the above referenced notification and the price condition will be deemed cured if the price promptly exceeds $1.00 per share, and the price remains above that level for at least the following 30 trading days. The company intends to consider available alternatives, including but not limited to a reverse stock split, that are subject to shareholder approval.
QTRX

Hot Stocks

16:34 EDT Quanterix launches p-Tau 217 blood biomarker test to aid Alzheimer's diagnosis - Lucent Diagnostics, a diagnostics brand of Quanterix, announced expansion of its LucentAD product line with the addition of a high accuracy p-Tau 217 blood test for Alzheimer's disease - LucentAD p-Tau 217. This lab developed test marks a major advance in the performance of scalable immunoassay-based blood biomarker tests intended for assessing amyloid pathology in individuals with memory complaints. p-Tau 217 has emerged as a top performing biomarker for Alzheimer's pathology, enabling clinical sensitivity and specificity in blood. Traditional methods include positron emission tomography or lumbar puncture for cerebrospinal fluid biomarkers, which are expensive, invasive, and lack wide availability. The recent approval of new therapies has highlighted an urgent need for improved diagnostic methods. Highly sensitive and specific blood-based biomarker tests have the potential to speed diagnosis and expand access to treatments for millions of individuals with early Alzheimer's disease.
STAF

Hot Stocks

16:34 EDT Staffing 360 Solutions gets Nasdaq notice of potential delisting - Staffing 360 Solutions reported that it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1 as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended June 30, 2023 with the Securities and Exchange Commission . In a separate letter, the Nasdaq Listing Qualifications Department recognized the filing of the Company's Quarterly Report on Form 10-Q for the period ended April 1, 2023 on October 16 and notified the Company it had regained compliance with the Nasdaq Listing Rule with respect to the Form 10-Q for the period ended April 1.
NVOS

Hot Stocks

16:34 EDT Novo Integrated Sciences board approves $5M stock repurchase program - Novo Integrated Sciences announced the Company's Board of Directors has approved the repurchase of up to $5 million of the Company's outstanding common stock from time to time in the open market at prevailing market prices or in privately negotiated transactions. Pending receipt of funds from the unsecured 15-year $70,000,000 promissory note with RC Consulting LLC in favor of SCP Tourbillion Monaco for a lump sum debt funding of $57,000,000, less fees and expenses, the amount and timing of any shares repurchased under the program will be determined at the discretion of management and will depend on a number of factors, including the market price of the Company's stock, trading volume, general market and economic conditions, the Company's capital position, legal requirements, and other factors. The repurchase program does not obligate the Company to acquire any particular number of shares, and the repurchase program may be discontinued at any time at the Company's discretion. Robert Mattacchione, Novo's CEO and Chairman of the Board, stated, "Today's announcement conveys our ongoing confidence in our business and dedication to enhancing stockholder value. This stock repurchase program is a direct reflection of our belief that our shares are undervalued, and a demonstration of our confidence in the business and the long-term opportunity ahead."
MASS

Hot Stocks

16:33 EDT 908 Devices awarded $10.4M US Air Force contract - 908 Devices "announces that it has been awarded a total of $10.4 million in purchase orders from the United States Air Force and Air National Guard Fire & Emergency Services Program for its MX908 handheld mass spectrometry device with Aero module. Approximately a third of the orders include Aero module upgrades, training, and support for existing MX908 devices previously deployed to the Air National Guard. The Aero module delivers additional capability to the MX908, enabling response teams to quickly detect and identify aerosolized chemical threats, such as Novichoks, pharmaceutical based agents and opioid analogs."
ERII

Hot Stocks

16:33 EDT Energy Recovery names David Moon interim CEO - Energy Recovery announced Mr. David Moon, a current member of the Energy Recovery Board of Directors, has been appointed interim Chief Executive Officer, effective immediately. Mr. Bob Mao will remain a member of the Board, and Ms. Pamela Tondreau, current Lead Independent Director, has been elected as the new Chairperson of the Board. A comprehensive search process to identify a permanent President and Chief Executive Officer, which includes internal and external candidates, has been underway with the assistance of a leading executive search firm. "The Board has firm conviction in Energy Recovery's long-term potential and is confident Mr. Moon is the right leader for this moment of transition, alongside the rest of the management team," said Ms. Tondreau. "The Board will work closely with the management team to ensure this transition is seamless for Energy Recovery's shareholders, customers, employees, and suppliers."
FTI

Hot Stocks

16:32 EDT TechnipFMC awarded flexible pipe contract by Woodside Energy - TechnipFMC has been awarded a contract to manufacture flexible pipe by Woodside Energy. The Company will supply infield flowlines and jumpers for the Trion project in deepwater Mexico. Jonathan Landes, President, Subsea at TechnipFMC, commented: "We worked with Woodside to formulate the best technical solution for this milestone project. This contract is our largest flexible pipe award in the Gulf of Mexico to date, and builds upon the trust we have established with Woodside over many years of successful execution and delivery."
HEPS

Hot Stocks

16:32 EDT Hepsiburada announces finalization of class actions, former CCO Buyumez leaves - Hepsiburada announced the finalization of the class actions and changes to its executive management team...As disclosed previously, the Company was a defendant in dual-track class action lawsuits, namely, the action filed on September 28 with the lead plaintiff IWA-Forest Industry Pension Plan, before the United States District Court, Southern District of New York under the case no: 1:21-cv-08634-PKC ; and the action filed on October 21, 2021, before the State Court under the case no. 655701/2021 . The Company had reached a settlement with the Plaintiffs of both the Federal Action and the State Action , subject to an approval and/or entry of judgment of the respective courts regarding the stipulation of the Settlement. The Federal Action was finally concluded on August 1, 2023 with the order and final judgment of the Federal Court approving the settlement. The Company announces that on September 22, 2023 the State Action is dismissed by the State Court with prejudice and the appeal period regarding the State Action has now expired. As a result, both the Federal Action and the State Action have been finally resolved without admission of any wrongdoing. Company's former Chief Commercial Officer CCO Mr. Murat Buyumez, who had taken a leave of absence, has decided to step down from his position effective October 20 . Mr. Ender Ozgun will continue to serve under the title of the CCO. The marketing department previously reporting to the CCO is reorganized to report to the Chief Executive Officer.
TXN

Hot Stocks

16:29 EDT Texas Instruments falls 5% to $139.99 after Q4 guidance misses estimates
NXTP

Hot Stocks

16:29 EDT NextPlay Technologies receives noncompliance letter from Nasdaq - NextPlay Technologies announced that the company received a notification letter from the Listing Qualifications Department of Nasdaq stating that because they have not received the company's quarterly report on Form 10-Q for the fiscal quarter ended August 31, the company remains noncompliant with Nasdaq Listing Rule 5250. The notification further provides the company until November 2 to submit an update to the plan to regain compliance previously submitted to and accepted by Nasdaq, and states that any additional staff exception that may be provided to the company to allow the company to regain compliance with all delinquent filings will be limited to November 27.
ASB

Hot Stocks

16:20 EDT Associated Banc-Corp raises quarterly cash dividend to 22c from 21c per share - The dividend is payable on December 15 to shareholders of record at the close of business on December 1.
KGS

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16:20 EDT Kodiak Gas Services announces first quarterly dividend of 38c - Kodiak Gas Services announced that its board of directors has declared Kodiak's first quarterly cash dividend of 38c per share of common stock, or $1.52 per share of common stock on an annualized basis, for the Q3. This cash dividend will be paid on November 10 to all stockholders of record as of the close of business on November 3.
LRN

Hot Stocks

16:20 EDT Stride jumps 12% to $50.00 after Q1 earnings beat, above-consensus guidance
MTDR

Hot Stocks

16:18 EDT Matador sees Q4 average daily production 144,000-146,500 BOE per day - Matador began 2023 operating seven drilling rigs in the Delaware Basin. Following the closing of the Advance acquisition on April 12, 2023, Matador continued operating the drilling rig that Advance had been operating. In June 2023, Matador released this eighth operated drilling rig and continued operating seven drilling rigs in the Delaware Basin. Matador plans to operate seven drilling rigs for the remainder of 2023 and add back an eighth drilling rig in the first quarter of 2024. At October 24, 2023, Matador expects D/C/E capital expenditures for the fourth quarter of 2023 will be approximately $259 million, which is a 13% decrease as compared to $296 million for the third quarter of 2023 due to the mix of wells drilled and completed during the fourth quarter as compared to the third quarter. Matador expects its proportionate share of midstream capital expenditures to be approximately $87 million in the fourth quarter of 2023, as compared to $41.7 million in the third quarter of 2023 due to the timing of projects.
KKR

Hot Stocks

16:17 EDT KKR to invest in Precipart, terms not stated - KKR announced that it has agreed to invest in Precipart, a leading contract manufacturer of precision components for the medical device and aerospace industries. KKR plans to support the Company in its continued growth organically and through M&A. Financial terms were not disclosed.
CNI

Hot Stocks

16:17 EDT Canadian National announces additional C$500M for normal course issuer bid - In January, CN announced the board's approval for a new normal course issuer bid permitting CN to purchase for cancellation, over a 12-month period, up to 32M common shares. The board has now approved an additional C$500 million, increasing the budget from approximately C$4B to approximately C$4.5B.
CB

Hot Stocks

16:17 EDT Chubb CEO says 'we had another outstanding quarter' - Evan Greenberg, Chairman and CEO of Chubb Limited, commented: "We had another outstanding quarter which contributed to a record nine months. Our performance in the quarter included double-digit Global P&C premium revenue growth, world-class P&C underwriting results, record net investment income, and strong life operating income. Over $2 billion of core operating income led to per-share earnings growth of 58.1% for the quarter and 27.5% for the year. Annualized core operating ROE was 13.5%, with a return on tangible equity of 21.2%. In the quarter, we increased our ownership in Huatai Group, now at 72%, and consolidated results, which were accretive to EPS and ROE. P&C underwriting income of $1.3 billion this quarter was up almost 84%. Our underwriting results were driven by strong P&C earned premium growth, excellent current accident year underwriting margins inclusive of catastrophe losses, and favorable prior period reserve development in both North America and Overseas General. The published calendar year combined ratio was 88.4% while the Global P&C current accident year combined ratio excluding CATs was 83%. Adjusted net investment income of $1.4 billion was up $361 million, or 34%, over prior year. Our investment income continues to grow quickly as we reinvest our strong cash flow at higher rates and compound income in our predominantly fixed-income, relatively short-duration portfolio. Our operating cash flow this quarter was a record $4.7 billion. Global P&C premium growth was 12.3%, with commercial lines up 10.3% and consumer lines up 17.6%. In North America commercial, property and casualty premiums were up 10.5% while financial lines were up 1%. Our very large U.S. middle market business had its best growth of the year at 16.3%. Our market-leading high-net-worth personal lines business had another outstanding quarter with growth of 9.6%. Our Overseas General division had a great quarter with premiums up 21.4%, including double-digit growth in Europe, Asia Pacific, and Latin America. Huatai contributed 7.5 percentage points to Overseas General's growth. In our Asia-focused international life business, premiums were up nearly 20%, including the impact of Huatai. In aggregate, rates and price increases in our commercial P&C lines of business remained strong in the quarter globally. Pricing was up 13.9% in North America and 11.7% in our international business. Financial lines pricing was down in North America and up modestly overseas. In North America and Overseas General, P&C pricing exceeded loss cost trends, which were stable in the quarter. We are vigilant and disciplined and are staying on top of loss cost inflation. We are confident in our ability to continue growing revenue and operating earnings, which in turn drive EPS, through the three engines of P&C underwriting income, investment income, and life income."
SPWR

Hot Stocks

16:17 EDT SunPower to restate financial results after finding material weakness - In a regulatory filing, SunPower said that on October 19, the Audit Committee, based upon the recommendation of management, determined that the company's (i) audited financial statements included in the company's Annual Report on Form 10-K for the period ended January 1, 2023, filed with the U.S. SEC on March 10, 2023, (ii) unaudited financial statements included in the company's Quarterly Report on Form 10-Q for the quarterly period ended April 2, 2023, filed with the SEC on May 3, 2023, and (iii) unaudited financial statements included in the company's Quarterly Report on Form 10-Q for the quarterly period ended July 2, 2023, filed with the SEC on August 2, 2023, as well as the relevant portions of any communication which describe or are based on such financial statements, should no longer be relied upon. The company plans to restate, as soon as practicable, the financial statements for the Affected Periods in amendments to the Form 10-K, the Q1 2023 Form 10-Q, and the Q2 2023 Form 10-Q, respectively. In connection with the preparation of the financial statements, the company preliminarily determined that the value of consignment inventory of microinverter components at certain third-party locations had been overstated in the Affected Periods in the range of approximately $16M-$20M, resulting in the associated cost of revenue being understated. At this time, the company has not fully completed its review, and the expected financial impact of the errors described above is preliminary and subject to change. Additionally, the company is correcting other immaterial errors in the Affected Periods. Upon evaluation of the impact to Affected Periods, the company's management has concluded that in light of the matters, a material weakness exists in the company's internal control over financial reporting.
CACI

Hot Stocks

16:17 EDT CACI awarded NASA contract worth up to $150M - CACI International announced that it has been awarded a four-year single-award, indefinite delivery indefinite quantity expertise contract worth up to $150M to continue its support of spaceflight systems, simulation, and software for NASA Johnson Space Center. The program provides advanced aerospace engineering for crewed spacecraft systems, development of simulation and Virtual Reality applications, and software in support of human space flight. This award builds on more than three decades of CACI's dedicated support for JSC's mission. "This award demonstrates CACI's proven expertise in supporting advanced systems for human spaceflight and space vehicles. We look forward to continuing this work and offering full-spectrum engineering and software solutions as NASA's trusted provider," said John Mengucci, CACI President and Chief Executive Officer.
WCN

Hot Stocks

16:15 EDT Waste Connections reduced 14% greenhouse gas emissions from last year - Waste Connections released its 2023 Sustainability Report highlighting the Company's progress towards its long-term, aspirational sustainability targets. Achievements include a 14% year-over-year reduction in greenhouse gas emissions and a doubling of the Company's targeted improvement. In addition, the Company reaffirmed its commitment to invest approximately $200M in renewable natural gas, or RNG, facilities expected on line by 2026. Reduced Emissions and Increased Targeted Reductions: Reduced Scope 1 and 2 emissions by 14% in 2022 and achieved 27% reduction in emissions intensity on robust 2022 revenue growth; expanded emissions reduction commitment to 30% and initiated process for alignment of emissions reduction targets with SBT.
SPWR

Hot Stocks

16:15 EDT SunPower finds material weakness in internal control over financial reporting
GOOGL

Hot Stocks

16:14 EDT Alphabet says took $86M charges in Q3 for workforce reductions - Alphabet said: "In January 2023, we announced a reduction of our workforce, and as a result we recorded employee severance and related charges of $86M and $2.1B for the three and nine months ended September 30, 2023, respectively. In addition, we are taking actions to optimize our global office space. As a result, exit charges recorded during the three and nine months ended September 30, 2023 were $16M and $649M, respectively. In addition to these exit charges, for the three and nine months ended September 30, 2023, we incurred $207M in accelerated rent and accelerated depreciation. We may incur additional charges in the future as we further evaluate our real estate needs."
SPWR

Hot Stocks

16:14 EDT SunPower to restate financial results
SNAP

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16:13 EDT Snap jumps 11% to nearly $11 after reporting Q3 results
HA

Hot Stocks

16:13 EDT Hawaiian Holdings cuts FY23 ASMs view to up 7.5%-8.5% - Prior FY23 ASMs view was up 8%-10%. Raises FY23 CASM-ex view to up 4%-5.5% from up 3%-5%.
GOOGL GOOG

Hot Stocks

16:13 EDT Alphabet CFO says fundamental strength 'apparent again' in Q3 - Ruth Porat, President and Chief Investment Officer; CFO said: "The fundamental strength of our business was apparent again in Q3, with $77 billion in revenue, up 11% year over year, driven by meaningful growth in Search and YouTube, and momentum in Cloud. We continue to focus on judicious capital allocation to deliver sustainable financial value."
V

Hot Stocks

16:12 EDT Visa up 2% at $239.30 after Q4 earnings beat
V

Hot Stocks

16:12 EDT Visa reports Q4 payments volume up 9% - The company states: "Payments volume for the three months ended September 30, 2023 increased 9% over the prior year on a constant-dollar basis. Cross-border volume excluding transactions within Europe, which drives our international transaction revenues, increased 18% on a constant-dollar basis for the three months ended September 30, 2023. Total cross-border volume on a constant-dollar basis increased 16% in the quarter. Total processed transactions, which represent transactions processed by Visa, for the three months ended September 30, 2023, were 56.0 billion, a 10% increase over the prior year."
HA

Hot Stocks

16:11 EDT Hawaiian Holdings sees Q4 ASMs up 1.5%-4.5% - Sees Q4 RASM down 10% to down 13%; CASM up 2%-4.1%; CASM-ex up 6.5%-9.5%.
TALK

Hot Stocks

16:08 EDT Talkspace names Nikole Benders-Hadi CMO - Talkspace announced the appointment of Nikole Benders-Hadi, MD, as Chief Medical Officer. In this role, Dr. Benders-Hadi will lead Talkspace's clinical practice, partnering with providers to deliver the highest quality digital mental health care as Talkspace continues to grow and scale. "Dr. Benders-Hadi's extensive background in psychiatry and her experience in working within integrated health systems to make mental health care more accessible align perfectly with Talkspace's mission," said Jon Cohen, MD, CEO of Talkspace. "Her dedication to reducing stigma and improving access to care, combined with her track record of leadership in healthcare, makes her an invaluable addition to our team. We look forward to leveraging her expertise to continue leading the way in providing greater access to high-quality mental health care for all."
GOOGL GOOG

Hot Stocks

16:07 EDT Alphabet Class A shares down 4% after Q3 earnings - Alphabet Class A shares are down $5.80, or 4%, to $133.01 in after-hours trading.
GTY

Hot Stocks

16:06 EDT Getty Realty increases quarterly dividend 4.7% to 45c per share - Getty Realty announced that its Board of Directors declared a cash dividend of 45c per common share, an increase of 4.7% over the previous quarterly dividend. The dividend is payable on January 11, 2024 to holders of record on December 28, 2023.
GOOGL GOOG

Hot Stocks

16:06 EDT Alphabet reports Q3 Google Cloud revenue $8.41B vs. $6.87B last year
WOLF

Hot Stocks

16:06 EDT Wolfspeed names Thomas Werner as new Board Chair - Wolfspeed announced that Thomas Werner, a board member since 2006, has been elected the new Chairman of the Board, effective immediately. Werner succeeds Darren Jackson, who stepped down as chair after five years in the role. Jackson will continue to serve as a member of the Wolfspeed Board. In addition, Board Member Stacy Smith will replace John Replogle as the Chair of the Governance and Nominations Committee.
GOOGL GOOG

Hot Stocks

16:05 EDT Alphabet reports Q3 Google advertising revenue $59.65B vs. $54.48B last year - Reports Q3 Google Search & other revenue $44.03B vs. $39.54B last year. Reports Q3 YouTube ads revenue $7.95B vs. $7.07B last year.
UMBF

Hot Stocks

16:05 EDT UMB Financial raises quarterly dividend 2.6% to 39c per share - The cash dividend will be payable on January 2, 2024, to shareholders of record at the close of business on December 11, 2023.
MSFT

Hot Stocks

16:05 EDT Microsoft reports Q1 LinkedIn revenue up 8% - Xbox content and services revenue increased 13%.
MSFT

Hot Stocks

16:04 EDT Microsoft 'rapidly infusing AI across every layer of the tech stack,' says CEO - "With copilots, we are making the age of AI real for people and businesses everywhere," said Satya Nadella, chairman and CEO of Microsoft. "We are rapidly infusing AI across every layer of the tech stack and for every role and business process to drive productivity gains for our customers."
GRIN

Hot Stocks

16:04 EDT Grindrod Shipping announces ship sales - Grindrod Shipping Holdings announced the completion of the following transactions. "On May 25 we exercised the purchase option on the chartered-in 2016-built supramax bulk carrier, IVS Hayakita. On August 24 we entered into an en-bloc deal to sell the 2015-built ultramax bulk carrier, IVS Bosch Hoek and the 2016-built ultramax bulk carrier, IVS Hayakita, for $46.5M. The vessels were delivered to the new owners on September 19 and September 25 , respectively and approximately $10M debt was repaid on the Company's $114.1M senior secured credit facility. On September 14 we entered into a contract to sell the 2013-built handysize bulk carrier, IVS Merlion, for $11.6 M with delivery to her new owners planned on or about December 15 .This vessel is unencumbered. We can provide no assurances that the delivery will take place by that time or at all. On September 27, we entered into a contract to sell the 2013-built handysize bulk carrier, IVS Raffles, for $11.6M with delivery to her new owners planned on or about November 30, 2023. This vessel is unencumbered. We can provide no assurances that the delivery will take place by that time or at all," said the company.
MSFT

Hot Stocks

16:03 EDT Microsoft reports Q1 Cloud revenue $31.8B - Reports Q1 Productivity revenue $18.59B. Reports Q1 Intelligent Cloud revenue $24.26B.
TXN

Hot Stocks

16:03 EDT Texas Instruments CEO: Automotive growth continued in Q3 - Regarding the company's performance and returns to shareholders, Haviv Ilan, TI's president and CEO, made the following comments: "Revenue was flat sequentially and decreased 14% from the same quarter a year ago. During the quarter, automotive growth continued and industrial weakness broadened. Our cash flow from operations of $6.5 billion for the trailing 12 months again underscored the strength of our business model, the quality of our product portfolio and the benefit of 300-mm production. Free cash flow for the same period was $1.6 billion. Over the past 12 months we invested $3.7 billion in R&D and SG&A, invested $4.9 billion in capital expenditures and returned $5.6 billion to owners. TI's fourth quarter outlook is for revenue in the range of $3.93 billion to $4.27 billion and earnings per share between $1.35 and $1.57. We continue to expect our 2023 effective tax rate to be about 13% to 14%."
MU QCOM

Hot Stocks

16:03 EDT Micron collaborates with Qualcomm on generative AI for smartphones - Micron (MU) announced that it is now shipping production samples of its low-power double data rate 5X, or LPDDR5X, memory the industry's only 1-beta mobile-optimized memory for use with Qualcomm's (QCOM), latest mobile platform, Snapdragon 8 Gen 3. Running at the world's fastest speed grade of 9.6 gigabits per second, Micron LPDDR5X provides the mobile ecosystem with the performance needed to unlock generative artificial intelligence at the edge.
ASPA

Hot Stocks

16:00 EDT Abri SPAC I Inc trading resumes
ASPA

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15:48 EDT Abri SPAC I Inc trading halted, volatility trading pause
BSX

Hot Stocks

15:28 EDT Boston Scientific presents data from REAL-PE study of EKOS at TCT - Data from the REAL-PE study was presented at Transcatheter Cardiovascular Therapeutics, or TCT, demonstrating that patients treated for pulmonary embolism, or PE, with the Boston Scientific EKOS Endovascular System, or EKOS, had lower rates of adverse events, including statistically significant lower rates of major bleeding, within seven days following their procedure compared to the Inari FlowTriever System. The REAL-PE study reviewed data from Truveta, a data and analytics company that provides EHR data from more than 30 U.S. health systems and 100M patients, including lab values, co-morbidities, images, demographics and clinical outcomes, as well information about the performance of specific medical devices. In the REAL-PE analysis, 2,259 patients who experienced PE and received interventional treatment with either the EKOS system or the FlowTriever system between 2009 and 2023 were identified, and safety events associated with both devices were compared. Major bleeding events in the REAL-PE study were based on definitions derived from established clinical criteria and guidelines, with statistically significant lower rates within seven days of the procedure consistently found in the cohort of patients treated with the EKOS system: A rate of 12.4% for patients treated with the EKOS system vs. 17.3% for those treated with the FlowTriever system, using the International Society on Thrombosis and Haemostasis, or ISTH, definition, and; a rate of 11.8% for patients treated with the EKOS system vs. 15.4% for those treated with the FlowTriever system, using the Bleeding Academic Research Consortium type 3b definition. Medical coding data in the analysis also demonstrated that intracerebral hemorrhage within seven days following the procedure occurred statistically significant less frequently among patients treated with the EKOS system. All other studied safety events also trended in favor of the EKOS system, including in-hospital mortality and all-cause 30-day readmission rates. Median lengths of hospital stay were comparable at 3.6 days for both groups. To date, the EKOS system has been used to treat more than 100,000 patients with PE globally, and the next-generation EKOS+ Endovascular System received FDA 510(k) clearance in 2022.
HOLI

Hot Stocks

15:20 EDT Consortium says Hollysys management bid 'empty gesture already used' - A buyer consortium led by Recco Control Technology and Dazheng Group issued a statement regarding Hollysys Automation Technologies' update on its ongoing sale process and disclosure of a supposed management-backed buyout proposal, stating in part: "Dating back to August 2021, Hollysys has publicly announced multiple take private offers from its management team. Ironically, the only two times Hollysys management has expressed apparent interest in taking the company private have coincided with the time periods when the Hollysys Board was evaluating proposals from unaffiliated bidders... An important aspect of any sale process is for a Board of Directors or independent Special Committee to solicit and internalize the views of its shareholders. This sale process is no different. The Consortium believes it is the best course of action for the Hollysys Board and Special Committee to listen to the views of its shareholders. An independent Board elected by shareholders is the best way to ensure unaffiliated shareholders' interests are protected during this sale process. In its announcement today, the Board has essentially confirmed that certain shareholders owning nearly a third of shares outstanding have provided updated materials with the proper record date - a date that was set by the Hollysys Board. Now that shareholders have provided the Board with updated materials, the Consortium fully expects the Board to fulfill its fiduciary and legal obligation to convene a special meeting without delay... The Consortium reiterates its interest in acquiring Hollysys and motivation to enter due diligence and further negotiations with the Special Committee. The Consortium is confident its all-cash offer of US$25 per share is at an attractive premium and would see significant support from Hollysys shareholders. The Consortium looks forward to conducting due diligence and engaging constructively with the Special Committee."
BUD TKO

Hot Stocks

15:07 EDT UFC, Anheuser-Busch announce multiyear partnership - UFC, which is part of TKO Group Holdings (TKO), together with Anheuser-Busch (BUD), announced a new multiyear marketing partnership. Effective January 1, 2024, the brewer will become the exclusive "Official Beer Partner of UFC." With this sponsorship, in the U.S., Bud Light will bring "easy enjoyment" to 21+ fans with 360-degree programming, including custom social and digital content, broadcast integration, on-site presence, and more. AB InBev will be UFC's Official Global Beer Partner and will receive a deep level of integration into key UFC assets, ranging from live events, including broadcast features and in-arena promotion, to original content distributed through UFC's popular digital and social channels. Through UFC's far-reaching global footprint, AB InBev will have meaningful brand visibility before more than 700 million fans in 170 countries, as well as an estimated 900 million TV households that receive UFC's broadcasts.
QCOM

Hot Stocks

15:05 EDT Qualcomm launches premium Snapdragon 8 Gen 3 for smartphones - At Snapdragon Summit, Qualcomm Technologies announced its latest premium mobile platform, the Snapdragon 8 Gen 3, calling it "a true titan of on-device intelligence, premium-tier performance, and power efficiency." "Snapdragon 8 Gen 3 infuses high-performance AI across the entire system to deliver premium-level performance and extraordinary experiences to consumers. This platform unlocks a new era of generative AI enabling users to generate unique content, help with productivity, and other breakthrough use cases. Each year, we set out to design leading features and technologies that will power our latest Snapdragon 8-series mobile platform and the next generation of flagship Android devices. The Snapdragon 8 Gen 3 delivers," said Chris Patrick, senior vice president and general manager of mobile handsets, Qualcomm Technologies. Reference Link
QCOM

Hot Stocks

15:03 EDT Qualcomm announces Snapdragon X Elite - At Snapdragon Summit, Qualcomm Technologies announced what it calls "the most powerful computing processor it has ever created for the PC: Snapdragon X Elite." Qualcomm said: "This groundbreaking platform ushers in a new era of premium computing by delivering a massive leap forward with best-in-class CPU performance, leading on-device AI inferencing, and one of the most efficient processors in a PC with up to multiple days of battery life." PCs powered by Snapdragon X Elite are expected mid-2024. Reference Link
FRBN

Hot Stocks

15:01 EDT Forbion European Acquisition Corp trading resumes
FRBN

Hot Stocks

14:56 EDT Forbion European Acquisition Corp trading halted, volatility trading pause
UNF

Hot Stocks

14:25 EDT UniFirst boosts quarterly dividends, announces new $100M buyback - UniFirst declared increased quarterly cash dividends of 33c per share on its common stock and 26.4c per share on its class B common Stock. Both dividends are payable on January 4, to shareholders of record on December 7. UniFirst also announced that its board authorized a new share repurchase program allowing the company to repurchase up to $100M of its outstanding common shares, inclusive of the amount which remained available under the existing share repurchase program approved in October 2021.
UNF

Hot Stocks

14:24 EDT UniFirst boosts quarterly dividends, announces new $100M buyback - UniFirst declared increased quarterly cash dividends of 33c per share on its cCommon stock and 26.4c per share on its class B common Stock. Both dividends are payable on January 4, to shareholders of record on December 7. UniFirst also announced that its board authorized a new share repurchase program allowing the company to repurchase up to $100M of its outstanding common shares, inclusive of the amount which remained available under the existing share repurchase program approved in October 2021.
MDT

Hot Stocks

14:23 EDT Medtronic announces four-year results from Evolut Low Risk Trial - Medtronic announced four-year results from the Evolut Low Risk Trial. "The Medtronic Evolut transcatheter aortic valve replacement - TAVR - system demonstrated exceptional outcomes and sustained valve performance, proven by significantly better hemodynamics than surgical aortic valve replacement - SAVR. Only Evolut TAVR has reported consistently lower and diverging rates of death or disabling stroke versus state-of-the-art surgery, at four years. The data were presented at the 35th Transcatheter Cardiovascular Therapeutics conference, the annual scientific symposium of the Cardiovascular Research Foundation and simultaneously published in the Journal of the American College of Cardiology," the company stated.
EW

Hot Stocks

14:09 EDT Edwards says PARTNER 3 data show continued low rates of all-cause mortality - Edwards Lifesciences announced new data from the PARTNER 3 trial demonstrating continued low rates of all-cause mortality, disabling stroke and rehospitalization at five years. "These data, which represent the longest clinical follow-up for a low surgical risk cohort of transcatheter aortic valve replacement - TAVR - patients, were presented during a late-breaking clinical trials session at the 35th Transcatheter Cardiovascular Therapeutics, the annual scientific symposium of the Cardiovascular Research Foundation, and published simultaneously in The New England Journal of Medicine," the company stated.
TSCO YETI

Hot Stocks

14:07 EDT Tractor Supply introduces Yeti products to outdoor gear line-up - Tractor Supply (TSCO) announced that starting October 30, an assortment of Yeti (YETI) products will begin rolling out at select Tractor Supply stores. As consumer interest in outdoor and active lifestyles grows, Tractor Supply says it "remains committed to providing customers with a superior assortment of products that will now include a variety of YETI's popular Tundra and Roadie Hard Coolers, Hopper Soft Coolers, Rambler and Yonder drinkware, and equipment like LoadOut Buckets, LoadOut GoBoxes, and Boomer Dog Bowls, all in various sizes and colors, available at select stores." Starting October 30, Yeti will be available in Tractor Supply Project Fusion stores with an extended assortment online.
GM

Hot Stocks

14:07 EDT California DMV suspends Cruise's AV deployment, driverless testing permits - The California Department of Motor Vehicles issued the following statement on the immediate suspension of deployment and driverless testing permits for GM's Cruise: "Public safety remains the California DMV's top priority, and the department's autonomous vehicle regulations provide a framework to facilitate the safe testing and deployment of this technology on California public roads. When there is an unreasonable risk to public safety, the DMV can immediately suspend or revoke permits. There is no set time for a suspension. The California DMV today notified Cruise that the department is suspending Cruise's autonomous vehicle deployment and driverless testing permits, effective immediately. The DMV has provided Cruise with the steps needed to apply to reinstate its suspended permits, which the DMV will not approve until the company has fulfilled the requirements to the department's satisfaction. This decision does not impact the company's permit for testing with a safety driver."
SONY

Hot Stocks

13:43 EDT Sony's Media Molecule to lay off staff - Video game developer Media Molecule, creator of games such as "Dreams" and "LittleBigPlanet," said it is laying off staff amid "significant strategic changes." "We have had to make the difficult decision to begin the consultation process for team members within certain departments of the studio," the company said. "This is a tough moment for the individuals impacted and the studio overall. Every single role that has bene put at risk id delivered by someone who has contributed something special to Media Molecule. We will make sure those impacted receive the best support we can provide during this process." Media Molecule is a subsidiary of Sony's PlayStation Studios. Reference Link
SO

Hot Stocks

13:32 EDT Southern Company announces memorandum of understanding with U.S. GSA - The U.S. General Services Administration, or GSA, announced a new Memorandum of Understanding, or MOU, between GSA and Southern Company to develop carbon pollution-free electricity options for federal facilities in Southern Company's service territories. "The MOU documents the intent of GSA and Southern Company to collaborate on development of a roadmap that, when executed, will lead to federal agencies in that region buying more CFE and achieving reliability and resiliency objectives outlined in Executive Order 14057... GSA will continue to engage with Southern Company and other utilities to explore the advancement of potential CFE solutions including solar, battery storage, nuclear power, on-site generation and new sustainable technologies like clean hydrogen," the company stated.
TECK

Hot Stocks

13:02 EDT Teck Resources withdraws environmental permit application for QBME project - Teck Resources noted that today, following recent receipt of feedback from regulators, it has withdrawn the environmental permit application for the Quebrada Blanca Mill Expansion, or "QBME," project to allow time to consider this feedback, better understand the full capability of QB, and submit a revised permit application. "This is part of the ongoing regulatory process, and withdrawing now will allow time to incorporate regulatory feedback and to further optimize the scope of the project. Submission of a revised application would add approximately 12 months to the overall regulatory process from the date of submission. Teck does not anticipate a sanction decision on QBME prior to completion of ramp up and assessment of the full capability of the existing QB asset and receipt of regulatory approval. The QBME project is a proposed future expansion which would increase QB's throughput, leveraging existing tailings and other infrastructure with minimal additional footprint," Teck stated.
CDZI

Hot Stocks

12:40 EDT Cadiz announces long-term contract with El Paso Natural Gas - Cadiz announced that the company has entered into a long-term contract with El Paso Natural Gas Company to install a tap on their natural gas pipeline, which runs through the Cadiz Ranch property in the California eastern Mojave Desert. "The gas tap will allow Cadiz to replace diesel engines with natural gas engines to power the company's groundwater wellfield, pump stations and related facilities for its agriculture operations and the Cadiz Water Conservation, Supply and Storage Project. The high efficiency gas engines are expected to be integrated into solar-hybrid microgrids able to reduce energy costs, cut carbon emissions, and provide 100% uptime reliability for the company's water supply and storage operations. The tap is expected to deliver new gas power to Cadiz by Q4 2024," Cadiz stated.
AEP

Hot Stocks

12:39 EDT American Electric boosts quarterly dividend to 88c from 83c per share - American Electric Power declared a regular quarterly cash dividend of 88c per share on the company's common stock, an increase of 5c per share. The increase is in line with the company's 6% to 7% operating earnings growth range, it said in a statement. The dividend is payable December 8, to shareholders of record as of November 10, 2023. "We're proud to continue AEP's more than 110-year tradition of consistently delivering quarterly dividends to our shareholders," said Julie Sloat, AEP CEO. "AEP is de-risking and simplifying our business to generate the most value for customers and investors, and we remain focused on investing in our regulated operations to build the energy system of the future that supports the changing needs of our customers."
ACM

Hot Stocks

12:31 EDT Aecom pays $11.8M to resolve False Claims Act allegations - Aecom has agreed to pay $11.8M to resolve allegations that it violated the False Claims Act by knowingly submitting false claims to the Federal Emergency Management Agency for the replacement of certain educational facilities located in Louisiana that were damaged by Hurricane Katrina, the Department of Justice said in a statement. The settlement resolves allegations that an Aecom project officer deployed to Louisiana for the Hurricane Katrina recovery effort submitted to FEMA fraudulent requests for disaster assistance funds for several educational facilities in New Orleans.
NEE...

Hot Stocks

12:29 EDT NextEra takes $900M impairment for NextEra Energy Partners investment - NextEra Energy Resources (NEE) said its Q3 GAAP results include an approximately $900M after-tax impairment of its investment in NextEra Energy Partners (NEP). In 2018, NextEra Energy Resources recorded an after-tax gain of approximately $3B when NextEra Energy Partners was deconsolidated. Both the gain in 2018 and loss in 2023 have been excluded from adjusted earnings, the company said. Shares of NextEra Energy are up 7% to $54.99 following this morning's Q3 report.
META

Hot Stocks

12:11 EDT Meta sued by 33 attorneys general over 'harmful' Instagram, Facebook features - California Attorney General Rob Bonta co-led a bipartisan coalition of 33 attorneys general in filing a federal lawsuit against Meta Platforms. Filed in the U.S. District Court for the Northern District of California, the lawsuit alleges that Meta "designed and deployed harmful features on Instagram and Facebook that addict children and teens to their mental and physical detriment." The attorneys general are seeking injunctive and monetary relief. As part of this coordinated effort, eight attorneys general announced filing lawsuits against Meta today in their respective state courts. The federal and state complaints are the result of a nationwide investigation that Attorney General Bonta announced on November 18, 2021. Attorney General Bonta alleges that Meta violated federal and state laws, including the Children's Online Privacy Protection Act, California's False Advertising Law, and California's Unfair Competition Law. States joining the federal lawsuit against Meta are Arizona, California, Colorado, Connecticut, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Missouri, Nebraska, New Jersey, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Virginia, Washington, West Virginia, and Wisconsin. Florida is filing its own federal lawsuit in the U.S. District Court for the Middle District of Florida. They are joined by the District of Columbia, Massachusetts, Mississippi, New Hampshire, Oklahoma, Tennessee, Utah, and Vermont, which have filed related actions in state court.
CALX

Hot Stocks

12:00 EDT Calix falls -21.0% - Calix is down -21.0%, or -$8.96 to $33.62.
TBI

Hot Stocks

12:00 EDT TrueBlue falls -24.2% - TrueBlue is down -24.2%, or -$3.31 to $10.35.
TRU

Hot Stocks

12:00 EDT TransUnion falls -25.6% - TransUnion is down -25.6%, or -$16.62 to $48.23.
EVA

Hot Stocks

12:00 EDT Enviva rises 15.1% - Enviva is up 15.1%, or 49c to $3.74.
HOUS

Hot Stocks

12:00 EDT Anywhere Real Estate rises 19.9% - Anywhere Real Estate is up 19.9%, or 82c to $4.94.
ASPN

Hot Stocks

12:00 EDT Aspen Aerogels rises 24.5% - Aspen Aerogels is up 24.5%, or $1.63 to $8.30.
TIO

Hot Stocks

11:33 EDT Tingo Group signs agreement in Pakistan for rollout of businesses - Tingo Group announced that it has executed a Memorandum of Understanding with the Khyber Pakhtunkhwa Information Technology Board to launch and roll out the company's business and service offerings into Pakistan. KPITB is a governmental body established in the Province of the Khyber Pakhtunkhwa, Pakistan, for the promotion of information technology for the public and private sector. Under the terms of the MOU, KPITB has agreed to assist Tingo by facilitating various initiatives in the Khyber Pakhtunkhwa province as well as throughout Pakistan, including the following: Implementation of Tingo's technology applications and platforms in the agricultural sector with the goal of increasing crop yields and reducing post-harvest losses; Utilization of Tingo's platforms to improve farmers' access to agricultural finance, farming knowledge, techniques and know-how, and farming inputs such as high-quality seeds and fertilizers; Promotion of sustainable farming practices and resource conservation, as well as collaboration with educational institutions to build a stronger agricultural ecosystem. The non-binding MOU establishes the framework upon which Tingo and KPITB are expected to develop a binding definitive agreement in the coming weeks consistent with these terms.
MPLX

Hot Stocks

11:11 EDT MPLX increases quarterly distribution 10% to 85c per common unit - The board of directors of the general partner of MPLX LP has declared a quarterly cash distribution of 85c per common unit for the third quarter of 2023, or $3.40 on an annualized basis. This represents a 10% increase, or 7.5c increase per common unit, over the second quarter 2023 distribution. The distribution will be paid on Nov. 13 to common unitholders of record as of Nov. 3, the company stated.
NVDA LNVGY

Hot Stocks

11:05 EDT Nvidia, Lenovo announce expansion of hybrid AI partnership - Lenovo (LNVGY) and Nvidia (NVDA) announced an expansion of their partnership with new, hybrid solutions and engineering collaboration that "supports their shared vision to bring the power of generative AI to every enterprise." "In close collaboration with NVIDIA, Lenovo will deliver fully integrated systems that bring AI-powered computing to everywhere data is created, from the edge to the cloud, helping businesses easily deploy tailored generative AI applications to drive innovation and transformation across any industry. The offerings were described by Lenovo Chairman and CEO Yuanqing Yang and Nvidia founder and CEO Jensen Huang at the annual global Lenovo Tech World keynote held in Austin, Texas," the companies stated. "At the center of the companies' expanded partnership are the Lenovo ThinkSystem SR675 V3 server and ThinkStation PX workstation, which are optimized for production AI running NVIDIA AI Enterprise. The ThinkSystem SR675V3 will include NVIDIA L40S GPUs, NVIDIA BlueField-3 DPUs and NVIDIA Spectrum-X networking. The ThinkStation PX will bring expanded AI capability and data center performance to the desktop by enabling up to 4x NVIDIA RTX 6000 Ada GPUs in a system. Additionally, Lenovo and NVIDIA will create next-generation systems based on the flexible NVIDIA MGX modular reference design to deliver a wide range of robust and secure solutions for the most demanding generative AI workloads and help businesses implement immersive simulations and cognitive decisions at scale with NVIDIA Omniverse, a platform for connecting and developing OpenUSD applications. The Lenovo solutions will also support the recently announced VMware Private AI Foundation with NVIDIA, enabling the hundreds of thousands of VMware customers to streamline adoption of generative AI," the companies added.
GM

Hot Stocks

10:55 EDT GM 'disappointed' by escalation of UAW's 'unnecessary and irresponsible strike' - General Motors issued the following statement on the UAW strike escalation: "We are disappointed by the escalation of this unnecessary and irresponsible strike. It is harming our team members who are sacrificing their livelihoods and having negative ripple effects on our dealers, suppliers and the communities that rely on us. Last week, we provided a comprehensive offer to the UAW that increased the already substantial and historic offers we have made by approximately 25% in total value. It is time for us to finish this process, get our team members back to work and get on with the business of making GM the company that will win and provide great jobs in the U.S. for our people for decades to come."
SWX

Hot Stocks

10:35 EDT Southwest Gas rises after Corvex boosts stake, plans talks - Shares of Southwest Gas are up 30c, or 0.5%, to $57.44 in morning trading after Keith Meister's hedge fund Corvex Management disclosed a 5.8%, or 4,153,717 share, stake in the company after the close. In the filing disclosing the increased stake in Southwest, Corvex stated in part: "The Reporting Persons intend to enter into discussions with the Issuer's Board of Directors and management of the Issuer to discuss options to unlock the value of the Issuer's core utility franchises and its investment in Centuri Group, Inc. The Reporting Persons are supportive of the Issuer's announced plan to separate Centuri in a manner which maximizes value. However, based on Corvex's analysis, the Reporting Persons believe the Issuer's regulated portfolio, Southwest Gas Corporation, is trading at or below its currently authorized rate base. The implied valuation represents a deep discount to underlying value, market comps, and recent transactions - where similar assets trade at 1.5 - 2.0x rate base. If the current valuation disconnect persists, the Reporting Persons believe the Issuer will be required to take further action. In the Reporting Persons' view, Southwest's ambitious $2B capital plan clearly does not make sense if growth capital results in a market valuation less than cost. The Reporting Persons anticipate engaging with the Issuer on ways to enhance shareholder value, including: improving earned returns on capital, further restructuring, and/or a sale of the Issuer."
GM...

Hot Stocks

10:17 EDT UAW says 5,000 members at GM's Arlington Assembly join strike - The UAW said in a statement: "On Tuesday morning, 5,000 members at Arlington Assembly joined the Stand Up Strike, shutting down production at General Motors' (GM) largest plant and biggest moneymaker. The workers who make some of GM's most profitable vehicles, the Chevy Tahoe, Chevy Suburban, GMC Yukon and Cadillac Escalade, are joining the unprecedented Stand Up Strike against all three of the Big Three automakers. The move comes just hours after GM reported third-quarter earnings of $3.5 billion, one day after the union struck Stellantis's (STLA) largest plant, Stellantis Heights Assembly Plant, and just a few days after the union detailed the shortcomings of GM's latest contract offer." "As we've said for months, these companies are making record profits, and they can afford to provide record contracts," said UAW President Shawn Fain. "They constantly talk about how scared they are of our demands, but the numbers don't lie. The money is there, and it's time to make things right for GM workers." The unannounced walkout at Arlington Assembly brings the total number of UAW members on strike at the Big Three automakers to over 45,000, as the strike nears the six-week mark. Reference Link
AAN

Hot Stocks

10:00 EDT Aaron's falls -15.1% - Aaron's is down -15.1%, or -$1.34 to $7.55.
TBI

Hot Stocks

10:00 EDT TrueBlue falls -17.6% - TrueBlue is down -17.6%, or -$2.41 to $11.26.
TRU

Hot Stocks

10:00 EDT TransUnion falls -21.0% - TransUnion is down -21.0%, or -$13.60 to $51.25.
SOS

Hot Stocks

10:00 EDT SOS Limited rises 11.1% - SOS Limited is up 11.1%, or 37c to $3.71.
AMRX

Hot Stocks

10:00 EDT Amneal Pharmaceuticals rises 17.2% - Amneal Pharmaceuticals is up 17.2%, or 58c to $3.94.
ASPN

Hot Stocks

10:00 EDT Aspen Aerogels rises 23.7% - Aspen Aerogels is up 23.7%, or $1.58 to $8.25.
ADM

Hot Stocks

09:56 EDT Archer Daniels expects 'another strong year in 2024' - Expects crush margins "to remain healthy." Seeing "incredible demand" for U.S. soybean meal. Expects Nutrition business to return to growth in 2024, but at a rate lower than previously thought. Expects "stronger pace" of buybacks in Q4.
FBYD

Hot Stocks

09:52 EDT Falcon's Beyond Global Inc trading resumes
FBYD

Hot Stocks

09:47 EDT Falcon's Beyond Global Inc trading halted, volatility trading pause
TRU

Hot Stocks

09:47 EDT TransUnion falls -16.7% - TransUnion is down -16.7%, or -$10.82 to $54.02.
AAN

Hot Stocks

09:47 EDT Aaron's falls -18.1% - Aaron's is down -18.1%, or -$1.61 to $7.28.
TBI

Hot Stocks

09:47 EDT TrueBlue falls -18.7% - TrueBlue is down -18.7%, or -$2.56 to $11.10.
BITO

Hot Stocks

09:47 EDT ProShares Bitcoin Strategy ETF rises 9.9% - ProShares Bitcoin Strategy ETF is up 9.9%, or $1.58 to $17.59.
MATX

Hot Stocks

09:47 EDT Matson rises 11.3% - Matson is up 11.3%, or $9.64 to $95.00.
ASPN

Hot Stocks

09:47 EDT Aspen Aerogels rises 12.4% - Aspen Aerogels is up 12.4%, or 83c to $7.50.
AIRE

Hot Stocks

09:45 EDT Realpha Tech Corp. trading resumes
HOLI

Hot Stocks

09:43 EDT Hollysys management offers $25 per share take-private deal - Hollysys Automation Technologies announced that its special committee of independent directors has received a non-binding proposal from representatives of the management team, Lei Fang and Yue Xu, the company's co-Chief Operating Officers, to acquire all of the outstanding ordinary shares of the company they do not already own for a cash consideration of $25 per share as part of a taking-private transaction. The proposal does not constitute a binding commitment with respect to the proposed transaction at this current stage, the company said in a statement. As previously announced, on October 2, Hollysys formed a special committee of the company's independent directors to conduct a formal structured sale process. In addition to reviewing the management buyout offer, the special committee and its advisors are conducting "an expedited process to solicit and review serious and compelling offers with the aim of providing bidders with the opportunity to participate on a level playing field." No decision has been made at this point with respect to the management buyout offer or other offers. The special committee "will continue its engagement with other prospective bidder groups with a focus on obtaining the best outcome for shareholders based on value and certainty. It anticipates that it will take several more weeks to establish a short-list of prospective bidders."
AMTD

Hot Stocks

09:41 EDT AMTD IDEA Group extends existing share repurchase program - AMTD IDEA Group announced that the company's board of directors have authorized an extension of the existing share repurchase authority under the share repurchase program previously announced on August 22, and updated on September 22, until the end of the last business day of the first quarter in 2024, U.S. Eastern Time.
HOLI

Hot Stocks

09:39 EDT Hollysys managements offers $25 per share take-private deal - Hollysys Automation Technologies announced that its special committee of independent directors has received a non-binding proposal from representatives of the management team, Lei Fang and Yue Xu, the company's co-Chief Operating Officers, to acquire all of the outstanding ordinary shares of the company they do not already own for a cash consideration of $25 per share as part of a taking-private transaction. The proposal does not constitute a binding commitment with respect to the proposed transaction at this current stage, the company said in a statement. As previously announced, on October 2, Hollysys formed a special committee of the company's independent directors to conduct a formal structured sale process. In addition to reviewing the management buyout offer, the special committee and its advisors are conducting "an expedited process to solicit and review serious and compelling offers with the aim of providing bidders with the opportunity to participate on a level playing field." No decision has been made at this point with respect to the management buyout offer or other offers. The special committee "will continue its engagement with other prospective bidder groups with a focus on obtaining the best outcome for shareholders based on value and certainty. It anticipates that it will take several more weeks to establish a short-list of prospective bidders."
HOLI

Hot Stocks

09:37 EDT Hollysys announces $25 per share take private offer from management
RTX

Hot Stocks

09:33 EDT RTX to sell Cybersecurity, Intelligence, and Services business for $1.3B - RTX announced earlier that it has entered into a definitive agreement to sell its Cybersecurity, Intelligence and Services business within its Raytheon segment. The sale price is approximately $1.3B and is subject to regulatory approvals and other customary closing conditions. RTX shares are up 7.1% in early trading to $78.54.
AIRE

Hot Stocks

09:30 EDT Realpha Tech Corp. trading halted, volatility trading pause
FOCS

Hot Stocks

09:22 EDT Briggs Advisory to join Focus partner firm Buckingham Strategic Wealth - Focus Financial Partners entered into a definitive agreement under which Briggs Advisory Group, a registered investment adviser based in Lincoln, RI, will join Focus partner firm Buckingham Strategic Wealth. This transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions. Briggs Advisory Group partner and wealth advisor Harold "Skip" Briggs Jr., partner and wealth advisor Christopher "Chris" Ricci and their team have used comprehensive planning and evidence-based investment management to help their clients achieve their personal financial goals. Briggs has also been an active member of Buckingham's affiliated turnkey asset management platform, Buckingham Strategic Partners, LLC, leveraging the platform's outstanding services, resources and support.
ADM

Hot Stocks

09:22 EDT Archer Daniels says 'on track' to exceed previous FY23 earnings expectations - Sees FY23 CapEx $1.5B. Says well-positioned for sustainable growth. Says U.S. results in Q3 lower due to shift of export demand to Brazil. Says crop export volumes curbed by low river levels. Says "still constructive" on ethanol margins amid "solid" U.S. demand. Expects stronger U.S. ethanol exports on limited Brazil supplies. Says "healthy liquidity, balance sheet very strong." Comments taken from Q3 earnings conference call.
LCW

Hot Stocks

09:12 EDT Learn CW Investment Corp trading resumes
FOCS

Hot Stocks

09:12 EDT LifePlan Financial to join Focus partner firm Buckingham Strategic Wealth - Focus Financial Partners entered into a definitive agreement under which LifePlan Financial Advisory Group, a registered investment adviser based in Rochester Hills, MI, will join Focus partner firm Buckingham Strategic Wealth. This transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions. Founder Keith Barr, partner Catherine Gearig and the team at LifePlan Financial Advisory Group provide evidence-based investment management and financial planning services to help clients preserve and grow their assets while honoring their personal goals.
EGTYF

Hot Stocks

09:11 EDT Eguana, FinanzDesk to bring energy storage to European customer base - Eguana Technologies announces it has formed a multi-year, exclusive partnership with Duesseldorf based FinanzDesk, a modern financial service provider, with specialty in renewables, to bring the Eguana Enduro and future Eguana products, to its residential rooftop solar customer base of over 8,000. The Enduro, which was developed specifically for European markets, is a complete all-in-one custom-engineered energy storage platform. "We are excited to form this partnership with FinanzDesk and to bring the Enduro to their existing customer base," commented Eguana GmbH CEO Andreas Rueckemann. "The Enduro is a perfect system for both retrofit and new installation customers. With very quick installation times and a simple commissioning process, the Enduro will bring more energy security to consumers." The multi-year deal targets several thousand systems. The first order has been shipped to FinanzDesk, and program rollout has commenced.
SIX

Hot Stocks

09:10 EDT Six Flags partnering with Rokt for AI-powered ecommerce experience - Six Flags Entertainment has partnered with Rokt, an ecommerce technology company using AI to make transactions more relevant to each shopper, to offer more relevant experiences to the company's customers. Rokt's advanced AI unlocks additional revenue opportunities by presenting relevant offers to Six Flags customers purchasing tickets and season passes on its website. Six Flags is utilizing Rokt's machine learning technology to present relevant offers from brands including Hulu, Hellofresh, and Homechef and more to each customer in the final stages of an ecommerce transaction, when they are most likely to convert.
LQDT

Hot Stocks

09:09 EDT Liquidity Services's Bid4Assets selected by Armstrong County sheriff's office - Bid4Assets, a wholly owned subsidiary of Liquidity Services, has been selected by the Armstrong County, Pennsylvania Sheriff's Office to host the county's first-ever virtual sheriff's sale. The first sale will be held on October 26, 2023, with 27 properties currently listed. By moving online, the sheriff's office intends to streamline the auction process and increase accessibility by allowing all participants to bid remotely. The online format exposes the properties to a larger group of potential buyers, increasing the likelihood of third-party sales and excess proceeds for defendants, while reducing the number of properties that lenders will need to purchase.
FMCC

Hot Stocks

09:09 EDT Freddie Mac sells $19.1M of NPLs in extended timeline pool - Freddie Mac sold via auction 88 non-performing residential first lien loans from its mortgage-related investments portfolio to GITSIT Solutions, LLC and VRMTG ACQ, LLC, a woman-owned business. The loans are currently serviced by Specialized Loan Servicing LLC. The sale is part of Freddie Mac's Extended Timeline Pool Offering and the transaction is expected to settle in December 2023. Freddie Mac, through its advisors, began marketing the transaction on August 28, 2023 to potential bidders, including non-profit organizations and Minority, Women, Disabled, LGBT, Veteran or Service-Disabled Veteran-Owned Businesses, neighborhood advocacy organizations and private investors active in the NPL market. Given the delinquency status of the loans, the borrowers have likely been evaluated previously for loss mitigation, including modification or other alternatives to foreclosure, or are in foreclosure. Mortgages that were previously modified and subsequently became delinquent comprise approximately 33 percent of the pool balance. Also, purchasers are required to honor the terms of existing loss mitigation agreements and solicit distressed borrowers for additional assistance except in limited cases and ensure all pending loss mitigation actions are completed.
INUV

Hot Stocks

09:07 EDT Inuvo releases version 2.0 of AI-powered Audience Discovery Portal - Inuvo announced the release of the Audience Discovery Portal 2.0, the latest version of a first-of-its-kind intelligence, capable of instantly generating marketing audience insights powered by its proprietary language model, IntentKey. The updated portal allows users to explore multiple audiences simultaneously, introduces consumer sentiment associated with an audience, shows the engagement of audiences across geographies, and captures the historical trends of each audience. Portal 2.0 provides a user-friendly interface to access AI-powered audience insights. Key features include: Instantly generated audience models based on any combination of concepts associated with that audience; Shareable reports and visualizations providing transparency into modeled audiences; Monthly, weekly, and just-in-time audience trending information. "The Audience Discovery Portal 2.0 puts the power of AI into the hands of marketers, allowing them to instantly gain understanding and insights associated with their potential customers," said Richard Howe, CEO of Inuvo. "This represents our commitment to the market shift away from legacy tracking methods. Our approach aligns with consumer and brand expectations related to privacy while outperforming traditional targeting methods."
CART

Hot Stocks

09:07 EDT Instacart and Wellness West partner for food security in Chicago's West Side - Instacart and Wellness West, a coalition of Chicago's health and safety-net institutions, announced a new partnership to help food-insecurity and chronically ill individuals on the West Side of Chicago. Through the partnership, Wellness West will launch a new "Food Connections" program, which will offer eligible Wellness West members a monthly grocery stipend of $79, delivered through Instacart Health Fresh Funds, that can be used to purchase nutritious foods like fresh and frozen produce for delivery via Instacart. The digital stipend can be combined with other food benefit programs, like SNAP or eligible supplemental health benefits, allowing members to complete their full shop in one order. Wellness West addresses health equity needs of up to 200,000 uninsured and Medicaid-insured patients diagnosed with at least one of six specific medical conditions who live in 10 West Side zip codes. The new Food Connections program with Instacart is one piece of a broader strategy by Wellness West to stabilize hypertension and diabetes among its participant populations.
DRTS

Hot Stocks

09:06 EDT Alpha Tau announces Hahn has joined its Scientific Advisory Board - Alpha Tau Medical announced that Stephen Hahn, M.D., former commissioner of the U.S. Food and Drug Administration, FDA, has joined its Scientific Advisory Board. A distinguished expert in the field of radiation oncology and translational/clinical research, and a renowned physician, Dr. Hahn brings a wealth of regulatory and scientific experience to the Company as it advances its Alpha DaRT technology towards FDA clearance. Dr. Hahn is currently CEO-Partner of Flagship Pioneering and CEO of Harbinger Health, where he specializes in innovating in the field of preventive health care and global health strategy.
INDV

Hot Stocks

09:06 EDT Indivior reaches agreement to resolve multi-district litigation - In an announcement sent to the London Stock Exchange that was shared in a regulatory filing, Indivior PLC announced that its subsidiary, Indivior Inc., has reached an agreement to resolve the claims brought by the direct purchasers in the "In re Suboxone Antitrust Litigation" multi-district litigation. "Indivior previously announced settlement agreements with two other groups of plaintiffs in the MDL, a class of End Payors and various State Attorneys General. The agreement with the direct purchasers will mark the conclusion of the MDL, once the settlements for the Claimants and EPs are approved by the United States District Court for the Eastern District of Pennsylvania. The trial, which was scheduled to begin on October 30, 2023, will be canceled. As part of the Agreement with the Claimants, Indivior will pay $385M and will take a charge of $228M in the third quarter, which will be excluded from adjusted earnings. This charge represents the additional amount above the current remaining provision of $157M for the Antitrust MDL, which reflects the previously announced settlement agreements with the States and End Payors. The Agreement will become final once approved by the Court. Payment of the $385M is expected to be made in November 2023 and funded from Indivior's existing cash," the company stated. "We are pleased to achieve this settlement to conclude this legacy multi-district antitrust matter," said Indivior Chief Executive Officer Mark Crossley. "The resolution of this litigation, which was filed over a decade ago, provides greater certainty for all Indivior stakeholders and allows us to continue focusing on our important work for patients suffering from opioid use disorder and mental health illnesses around the world." The company added: "Indivior expects that Court approval of the Agreement will remove the previously disclosed material uncertainty related to Indivior's going concern basis of accounting." Reference Link
CALX

Hot Stocks

09:06 EDT Calix affirms 2024 margin expansion target of 100-200 basis points - The company said this is off of a higher margin base coming out of 2023.
LPLA

Hot Stocks

09:05 EDT LPL Financial announces Tyler Powell join Linsco - LPL Financial announced Tyler Powell has joined LPL's employee advisor channel, Linsco by LPL Financial, to launch Powell Wealth Management of LPL Financial. He reported having served approximately $200 million in advisory, brokerage and retirement plan assets and comes to LPL from Stifel. Powell will be the anchor tenant in a new Linsco office in his hometown of Santa Barbara, Calif. With more than 15 years of industry experience, Powell built his solo practice organically through referrals and networking. His mission is to help clients take advantage of opportunities that might otherwise go unnoticed, and Powell does this by taking an in-depth approach to wealth management and providing personalized, white-glove service. He is joined by Client Services Associate Lorena Huerta-Parra.
GOVX

Hot Stocks

09:05 EDT GeoVax Labs announces update on key strategic initiatives - GeoVax Labs announced an update on key strategic initiatives."The third quarter marked advancements in our next-generation COVID-19 vaccine clinical programs and our cancer therapy program, along with advanced manufacturing developments, and new patents issued for our Ebola, Marburg, Malaria, and HIV vaccines. I look forward to sharing more details about these developments during our upcoming investor/analyst earnings call on November 8," said David Dodd, GeoVax's Chairman and CEO. "We believe this is a defining moment for the Company, as we expand the full potential of a next-generation COVID-19 vaccine currently in three Phase 2 clinical trials and the broad application of Gedeptin against solid tumors. We are gearing up to announce initial data readouts from two of these trials, along with updates from our Gedeptin clinical trial against advanced head and neck cancer as well as other important corporate developments. We believe that these upcoming catalysts will have a profound impact on patients in need and all our stakeholders."
ACHR

Hot Stocks

09:04 EDT Archer Aviation announces securities lawsuit voluntarily dismissed by plaintiff - Archer Aviation announced that the plaintiff in the federal securities lawsuit filed against Archer on September 21, has chosen to voluntarily dismiss the case. The plaintiff's dismissal comes shortly after Archer filed its motion to dismiss the case on October 13. Andy Missan, Archer's Chief Legal Officer said, "We are very pleased that the plaintiff has decided to dismiss the case. Archer continues to remain focused on delivering on its mission and creating value for shareholders."
CUEN

Hot Stocks

09:03 EDT Cuentas launches its telecommunications, signs $4M distribution agreement - Cuentas introduces its Cuentas Mobile telecommunications services in designated markets and initiate a partnership with a well-established retail distribution network. The launch of our telecommunications services is a significant milestone in the ongoing execution of Cuentas' strategic plan and product development. Under the terms of the comprehensive agreement, its new distribution partner will initiate an initial order of 5,000 SIM cards. In addition to this, Cuentas is poised to offer cross-selling opportunities for its domestic and international mobile service top-up, gift cards, and transit cards. The company anticipates an estimated annual revenue of $4 million from this agreement. Its expansion plans will extend to new geographic markets, with a strong focus on serving Hispanic diaspora clients, providing them with a tailored and competitive product. Moreover, Cuentas will incorporate the cutting-edge digital and mobile protection software of WHEN Group, branded as "Cuentas 360."
VRA DIS

Hot Stocks

09:02 EDT Vera Bradley launches Toy Story collection in collaboration with Disney, Pixar - Vera Bradley (VRA) has collaborated with Disney (DIS) and Pixar to launch its first-ever collection inspired by the beloved Toy Story franchise. "The Vera Bradley brand came to life more than 40 years ago thanks to the friendship of co-founders Barbara Bradley Baekgaard and Patricia R. Miller, so we are especially excited to celebrate the power of friendship with our new Pixar Vera Bradley Toy Story Collection," noted Alison Hiatt, CMO of Vera Bradley, Inc. "Fans of the Disney and Pixar Toy Story franchise are sure to love the colorful, fun and festive patterns and embroidered motifs featuring their favorite Toy Story characters."
NFNT

Hot Stocks

08:57 EDT Infinite Acquisition Corp trading halted, news dissemination
VZ

Hot Stocks

08:55 EDT Verizon says on track to deliver $200M-$300M of savings in FY23 - Says obtained early access to remaining C-Band spectrum. Says strong cash flow enables flexibility to deliver on capital allocation priorities. Says focused on continuing momentum in consumer mobility. Says on track to deliver $200M-$300M of savings in 2023. Says anticipates 3c-4c of pressure in Q4. Comments taken from Q3 earnings conference call.
CLF

Hot Stocks

08:55 EDT Cleveland-Cliffs says has reduced debt about 60% in past three years - Says shipments remain resilient, especially in automotive sector. Expects "solid performance in costs" to continue in 2024. Says UAW strikes have not materially impacted the company. Says majority of shipments don't go to Detroit three. Expects about 4M tons of shipments in Q4. Says hydrogen "is the future." Comments taken from Q3 earnings conference call.
BREA

Hot Stocks

08:52 EDT Brera Holdings launches FENIX Trophy 2023-24 kick-off - Brera Holdings announces the third edition of its FENIX Trophy tournament- the European championship called "Champions League for amateurs" by BBC Sport - will have its official kick-off on October 24th. The first match will be hosted by the Prague Raptors, their third participation in the tournament and runners up in both previous editions, who will face newcomers Venus Bucharest. The defending champion BK Skjold will debut on November 28th challenging Enfield Town FC in London. The FENIX Trophy represents Brera's amateur football legacy following its entry into top-level professional football with its three teams from around the globe: Brera Strumica competing in the North Macedonian First Division, Brera Ilch in the Mongolian Premier League, and Brera Tchumene currently playing for promotion to the First Division in Mozambique.
GM

Hot Stocks

08:52 EDT General Motors: Inventory in 50-60 range
LVRLF

Hot Stocks

08:51 EDT CordovaCann provides update on Star Buds retail operations - CordovaCann provides an update on its Star Buds Cannabis Co. retail operations in Canada. Star Buds Cannabis Co. stores continue to grow nicely in 2023 despite a difficult environment for the retail cannabis industry. The Company's 11 retail stores continue to increase market share and expand margins due to strong cost controls, optimizing product assortment and always focusing on the customer. The Star Buds Cannabis Co. chain generated revenues of $1.2 million in each of the past two months, nearing record monthly revenues for the retail platform. The average store in the network grew revenues 7.5% year-over-year in August and 8.9% year-over-year in September. The stores in Ontario grew revenues at an even faster pace, with revenues in these stores increasing an average of 16.8% year-over-year in August and 14.3% year-over-year in September. In August, 2 stores posted monthly revenue records, and in September, 1 store reached a monthly revenue record. Gross margin has remained strong throughout 2023, and the stores posted an aggregate gross margin of 26.4% in August and 26.3% in September. Strong revenue growth and stable gross margin trends have continued into October. Management expects Star Buds Cannabis Co. to continue to benefit from closures of competing stores, industry consolidation, and increased customer awareness. The Company is also planning to expand the Star Buds Cannabis Co. platform across Canada through both organic store growth and acquisitions.
BLNK

Hot Stocks

08:49 EDT Blink Charging's Blue Corner is now Blink Charging - Blink Charging announced that its wholly-owned subsidiary, Blue Corner, is now Blink Charging, bringing the Company's global experience and EV charging expertise to Belgium. "As the EV market continues to grow throughout Europe, the acquisition and rebranding of Blue Corner was a strategic move to build a stronger and more rapid presence in the region, tapping into the strong global experience and assets while also making EV charging more accessible," said Brendan Jones, President and CEO for Blink Charging. "Blink Charging is focused on developing the market and providing the needed infrastructure to meet the demands of businesses and drivers with advanced state-of-the-art EV charging solutions." Now operating as Blink Charging, customers and clients will benefit from the vast experience of Blink Charging along with its sizable team to support the scale of the business.
ACON

Hot Stocks

08:48 EDT Aclarion presents poster on Nosciscan cost-effectiveness - Aclarion announced their Nociscan cost-effectiveness poster will be showcased at the 45th Annual Society for Medical Decision Making meeting, October 22-25, 2023. The cost-effectiveness study comparing Nociscan to provocative discography was performed at the Center for Disruptive Musculoskeletal Innovations through a National Science Foundation grant and sponsored by Aclarion. The abstract highlights that Nociscan statistically dominates provocative discography because PD is both more costly and less effective. "An evidence-based process for accurate identification of a source for low back pain is valuable to improve cost-effectiveness of operative and non-operative management strategies," said Leslie Wilson, PhD, Professor in the Department of Medicine and the Department of Clinical Pharmacy at University of California San Francisco. "The economic model includes a decision-tree comparing Nociscan with PD based on a comprehensive set of peer-reviewed data. The incremental cost-effectiveness ratio confirms that Nociscan dominates PD, with a Monte Carlo sensitivity analysis illustrating Nociscan dominates from 40-85% over a wide willingness-to-pay range. In total, Nociscan can save the US healthcare system from $283M to $441M annually." Chronic low back pain is a global healthcare problem, with approximately 266 million people worldwide suffering from degenerative spine disease and low back pain. Conventional imaging and diagnostics provide valuable structural information but struggle to identify the source of the pathogenic pain. Low surgical success rates are common especially for patients suffering from Discogenic Chronic Low Back Pain.
INBS

Hot Stocks

08:48 EDT Intelligent Bio Solutions' drug screening technology now offered in New Zealand - Intelligent Bio Solutions announced its expansion into the New Zealand market, representing a significant milestone in the Company's growth strategy for its Intelligent Fingerprinting Drug Screening System. Harry Simeonidis, President and CEO of Intelligent Bio Solutions, said, "We are delighted to announce our expansion into New Zealand and observe another key growth milestone. Our primary focus is to meet the screening needs and support the health and safety initiatives of businesses across New Zealand and around the world. Drawing on our success in Australia over the past six months, we aim to continue this progress in New Zealand and other markets by offering an alternative and innovative solution that places a strong emphasis on operational efficiency, fitness for duty, and employee privacy and dignity."
MGTX

Hot Stocks

08:47 EDT MeiraGTx announces presentations at ESGCT - MeiraGTx announced the Company will exhibit eight posters and deliver one oral presentation at the European Society of Gene and Cell Therapy, ESGCT, 2023 Annual Congress, which is being held from October 24-27, 2023, in Brussels, Belgium. Poster #167: Potency assay cell line development for ocular gene therapy vectors. When producing GMP AAV drug products, the ability to assess their potency is an essential part of release and stability. the company assessed different methods to increase the transducibility of AAV5 and AAV8 vectors as well as trans-activate photoreceptor-specific and RPE-specific promoters. In dose-ranging experiments, it identified potent dCas9-mediated trans-activators for both promoters and established exogenous factor supplementation that increased the transducibility of both capsids multiple folds over baseline. Poster #324: Use of mechanistic modeling to design a platform process for the separation of full and empty AAV capsids. Adeno-associated viruses are a relative newcomer to the field of biopharmaceutical modalities and are used to deliver a therapeutic gene to a patient. During their upstream production, separate cellular processes are used to produce the viral capsid and the therapeutic transgene, and package the transgene within the capsid. This leads to the expression of empty capsids which must be removed during the downstream process as they may stimulate an immune response in the patient. Poster #334: Improving the elution step in capture chromatography: a mechanistic approach. Bulk recovery of adeno-associated viruses in the capture step is often performed using affinity chromatography. To understand this operation a DoE was performed, using an AAV5-based product, to determine the main factors affecting the elution behaviour. Poster #431: Synthetic neuronal promoters that surpass synapsin in the central nervous system. The promoter is an essential cis-regulatory element in any DNA-based gene therapy. Poster #464: Riboswitch-regulated chimeric antigen receptor enhances CAR-T cell anti-cancer efficacy. The company presents the development of RiboCAR, a mammalian synthetic riboswitch-regulated CAR expression via small molecule inducer.
MGTX

Hot Stocks

08:47 EDT MeiraGTx announces eight presentations at ESGCT - MeiraGTx announced the Company will exhibit eight posters and deliver one oral presentation at the European Society of Gene and Cell Therapy, ESGCT, 2023 Annual Congress, which is being held from October 24-27, 2023, in Brussels, Belgium. The details of the oral and poster presentations are below: Oral Presentation OR82: Preclinical Efficacy of AAV-hUPF1 with an optimized vector genome and novel CNS capsid: Gene Therapy for ALS and FTD. At 4.9 kb, the optimized hUPF1 construct is 1.5 kb smaller than the original, thus offering AAV packaging and manufacturing benefits while demonstrating greater efficacy. When tested in vitro, the optimized AAV-hUPF1 rescued toxicity in both the TDP-43 and C9orf72 iNeurons models, at lower MOIs than the original. Optimized AAV-hUPF1 also rescued the pathophysiology of neurons derived from C9orf72 patient cell lines. Furthermore, we developed a novel AAV capsid that expresses in neurons of both the brain and spinal cord when administered by ICM in mice. Poster #008: Results of a phase 1 open-label, dose escalation study of gene therapy with AAV2-hAQP1 as treatment for radiation-induced xerostomia and parotid gland hypofunction. AAV2-hAQP1 was safe and well-tolerated at all dose levels, with no treatment-related serious adverse events or dose limiting toxicity. At Month 12, 16 of the 24 participants had an improvement of greater than or equal to8 points in XQ score, and 18 of the 24 reported important improvement in xerostomia symptoms relative to baseline on the GRCQ. In bilaterally treated participants, the average percent increase in unstimulated whole saliva flow rate at Month 12 post-treatment relative to baseline was 82.1%. Poster #116: fDISCO evaluation of AAV mediated gene expression upon different routes of administration. Detection methods to assess gene transfer mediated expression of reporter proteins in tissue requires to dissect or slice the sample, during which the three-dimensional structure is lost. On the other hand, live imaging often does not provide enough resolution to identify reporter protein expression on a cellular level. Here, we have tested whether fDISCO could overcome these limitations. In conclusion, fDISCO is able to capture the complete histological information of fluorescent reporter signal, thus being a suitable method to study the AAV-mediated reporter expression on the cellular level in 3D tissue samples. Poster #122: Development of alternatives to Triton X-100 cell lysis for AAV2, AAV5 and AAV8 primary recovery. Triton X-100 is an effective detergent for recovering biological products from intracellular compartments, but its use is now prohibited by Registration, Evaluation, Authorisation and Restriction of Chemicals regulations as its degradation generates a compound that negatively impacts aquatic life. This study demonstrates two optimized alternative AAV release methods to substitute the use of Triton X-100 that showed comparable product recovery and product quality profiles.
GM

Hot Stocks

08:45 EDT General Motors has withdrawn 2023 guidance amid UAW strike
GM

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08:43 EDT GM: New Bolt to save billions in capital spending vs. prior plan
LQR

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08:43 EDT LQR House partners with Nuke Waste Spirits - LQR House announced a partnership with Nuke Waste Spirits. The collaboration aims to promote Nuke Waste Spirits' Bright Green Melon Flavored Vodka in a way that has never been seen before in the spirits industry. The campaign is scheduled to run from November 1, 2023, to January 31, 2024, and hopes to leave a lasting impression on consumers and cocktail enthusiasts alike. LQR House's innovative approach to this partnership will see a minimum of 130 ambassador posts generated each month. These monthly posts will feature content from a carefully curated list of ambassadors, each with a combined following of at least 1 million devoted fans. The success of this campaign will be closely tracked through sales and product data analysis on CWSpirits.com, offering insights into its impact on the market.
PSQH

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08:42 EDT PublicSq. launches partnership with Tucker Carlson's Last Country - PSQ Holdings announced the Company has entered into a partnership agreement with Tucker Carlson's digital media company, Last Country. The agreement includes collaborative content segments that will air on Tucker Carlson's show on both X and Last Country's own platform, focused on highlighting the patriotic, parallel economy found on PublicSq. "This content partnership between our two companies will employ a reach not found anywhere in the mainstream media today. We believe Tucker's ardent protection of American liberties strongly resonates with our target market, as evidenced by his average views totaling over 60 million per video on X. PublicSq. is thrilled to collaborate with Last Country, Inc. as we build an ecosystem of alternatives to the existing commerce and media incumbents, respectively," commented Michael Seifert, Founder, Chairman and Chief Executive Officer. Mr. Seifert continued, "This partnership is the first of its kind, and we believe it will significantly outpace our return on investment than that from traditional advertising."
EGRX

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08:42 EDT Eagle Pharmaceuticals granted patent for PEMFEXY - Eagle Pharmaceuticals announced that the U.S. Patent and Trademark Office has granted the Company U.S. Patent No. 11,793,813 entitled "Pemetrexed Formulations." Eagle has submitted the patent for listing in the U.S. Food and Drug Administration's Orange Book.1 The '813 patent is directed to pemetrexed formulations, including the FDA-approved commercial formulation of PEMFEXY. The '813 patent will expire in 2036. This is the second patent to be listed in the Orange Book for PEMFEXY, and to date Eagle has not received any notice of a Paragraph IV certification for an application referencing PEMFEXY.
GM

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08:41 EDT General Motors CEO: New Bolt to use LFP batteries
HQI

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08:41 EDT HireQuest to acquire TEC Staffing Services, terms not disclosed - HireQuest has entered into a definitive agreement to acquire TEC Staffing Services, headquartered in Fort Smith, Arkansas. TEC's ten offices throughout Northwest and Central Arkansas provide light industrial, clerical, technical, and professional staffing services, and generated over $34 million in total revenue for the trailing 12-month period ended September 30, 2023. The offices will be converted to the Snelling franchise model.The Company believes its current operating infrastructure can support the addition of TEC's offices to the Snelling network without the need for incremental corporate headcount. The transaction is expected to close in the fourth quarter subject to closing conditions. During the interim, all of TEC's offices will remain open for business without interruption.
HHS

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08:40 EDT Harte Hanks appoints Kelly Waller as SVP, sales and marketing - Harte Hanks announced that Kelly Waller has agreed to join Harte Hanks as Senior Vice President of Sales and Marketing. Ms. Waller is relocating to Boston, working in close proximity to Kirk Davis, Chief Executive Officer, as part of the Harte Hanks senior leadership team. For the past seven years, Ms. Waller has served as Global Vice President, Mid-Market for Finastra.
ASNS

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08:39 EDT Actelis Networks launches GigaLine 900 product - Actelis Networks announced the official launch of the GigaLine 900, a first of its kind product designed to solve the challenge of delivering broadband services from the curb throughout apartments, office buildings, hotels, and other multi-tenant units. Network providers around the world can utilize this new broadband solution to deliver Gigabit services to tenants instantly without the high construction and labor costs of rewiring buildings with fiber.
GM

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08:38 EDT GM launching new SUVs with profit margins 5 points higher than previous models - Comments taken from Q3 earnings conference call.
OSTK BYON

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08:37 EDT Overstock.com to change corporate name to Beyond, change ticker symbol - Overstock.com (OSTK) announced that it will change its corporate name to Beyond, Inc. effective November 6, 2023. Concurrently, with the corporate name change, the company will transfer its stock listing from the Nasdaq Global Market to the New York Stock Exchange and change its ticker symbol from OSTK to BYON. Following the corporate name change, Beyond, Inc. will continue to operate its furniture and home furnishings ecommerce business under the Bed Bath & Beyond brand. "Changing our corporate name to Beyond, Inc. sets us up well for a brighter future," said Jonathan Johnson, Chief Executive Officer. "As we continue the process of transforming our consumer brand, our new corporate name will help us reach millions of new customers with our advantageous and differentiated, asset-light ecommerce business model. The name 'Beyond' emphasizes our commitment to connect new and legacy customers with a wide assortment of products and services. Since our founding in 1999, the company has focused on bringing technical expertise to ecommerce and providing a simple and easy experience for consumers and supplier partners. We expect the corporate name change to enhance the awareness of our iconic consumer brand, Bed Bath & Beyond."
CLBT

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08:37 EDT Cellebrite announces highlights of 2023 IACP Conference - Cellebrite (NASDAQ: CLBT), a global leader in Digital Intelligence ("DI") solutions for the public and private sectors, wrapped up a four-day presence at the 2023 International Association of Chiefs of Police (IACP) Annual Conference and Exposition. More than 16,000 police chiefs and other senior law enforcement professionals attended the single largest and most impactful law enforcement event of the year. Highlights of Cellebrite's event presence include: Center-floor exhibition booth space with demonstrations and presentations of the full suite of Cellebrite end-to-end solutions for the public sector including Pathfinder and Guardian; Cellebrite's CEO and President of North America convened with DEA senior leadership, 132 senior law enforcement and chief leaders to discuss streamlining and modernizing the handling of digital data from time of extraction to prosecution; Multiple meetings with key officials representing many of the largest cities across America with 60 product demonstrations and more than 500 times as many booth visits when compared to 2022; An interactive "Solve Suite" where law enforcement gained hands-on experience using Cellebrite's powerful digital intelligence solutions, including demoing its newest innovation, Smart Search, which led a police chief to expedite a request for Cellebrite solutions that was sitting on his desk; Panel moderation by Jared Barnhart, Digital Intelligence Specialist at Cellebrite, with key partners in the fight against human trafficking, including the National Center for Missing and Exploited Children, the Exodus Road and Raven - this powerful panel was one of the top-attended programs at the event; Presentation of "Unraveling Crime Mysteries" with Jared Barnhart, Digital Intelligence Specialist at Cellebrite, who shared his law enforcement expertise while discussing real-world examples of how digital intelligence solutions can enhance investigations to solve cases faster, smarter and more defensibly to accelerate justice; Connect Lounge Sponsorship, a popular meeting spot for law enforcement professionals to network with one another The panel discussion on child trafficking was a remarkable convergence of global leaders committed to safeguarding children worldwide. They united to synergize their collective expertise for an accelerated mission. It called upon all law enforcement agencies and technology vendors to integrate cutting-edge solutions and increase the number of rescued children. The "Unraveling Crime Mysteries" presentation illuminated cases solved through technology, emphasizing the need for agencies to adopt smarter, tech-driven approaches. In its entirety, these platforms at IACP emphasized Cellebrite's unwavering commitment to collaborate with philanthropic and agency partners, aiming to make the modernization of investigations a reality, simplifying and expediting critical cases.
TBLT

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08:35 EDT ToughBuilt launches StackTech Line ecosystem - ToughBuilt Industries announced that the Company has released its StackTech mobile stacking toolbox system. This innovative new storage ecosystem and its accessories have debuted through a leading US home improvement retailer and will expand globally across the Company's growing strategic networks of international trade partners and buying groups. ToughBuilt's launch into the stacking Toolbox category has swept social media with an early preview of the product line, garnering more than 19 million impressions in just two weeks.
RPAY

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08:35 EDT Repay Holdings partners with Kredit to streamline payment collections - Repay Holdings Corporation announced a new partnership and technology integration with Kredit Financial or Kredit , a leading digital debt resolution platform and network. The collaboration enables collection agencies, debt buyers and collection law firms that use Kredit's technology platform to offer flexible payment methods that reduce friction and increase transparency and accountability in every financial transaction. Through the integration, Kredit users will be able to accept card and ACH payments directly through Kredit's debt resolution platform, streamlining the payment collection process and enabling businesses to optimize internal workflows and simplify reconciliation. Providing easily accessible and secure ways to pay, including through Kredit's online portal, improves collection efforts by empowering consumers to pay when it's most convenient for them.
DLHC

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08:35 EDT DLH Holdings reports key metrics for fiscal 2023 year end - DLH Holdings announced selected key metrics for the fiscal year ended September 30, 2023. Total debt at fiscal year end was $179.4 million compared to $207.6 million following the acquisition of Grove Resource Solutions, in December 2022, outperforming management expectations of $186.4 million. The Company reduced its debt by $28.2 million in total for the post-acquisition period, composed of $14.3 million in mandatory payments and $13.9 million in prepayments. "DLH has a history of effectively deploying free cashflow to aggressively pay down debt," said DLH President & CEO Zach Parker. "This track record provides the capacity to make transformative acquisitions, invest in our people, and grow the Company's footprint within key markets. I am proud that we are once again making tremendous progress towards de-levering the balance sheet and providing additional value to our shareholders."
ABBV

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08:35 EDT AbbVie's Allergan Aesthetics reports positive Phase 3 results in glabellar lines - AbbVie company Allergan Aesthetics announced positive topline results from two pivotal Phase 3 clinical studies evaluating trenibotulinumtoxinE - BoNT/E - for the treatment of moderate to severe glabellar lines. The Phase 3 studies evaluated the safety and efficacy of BoNT/E versus placebo in a total of 947 adult subjects with moderate to severe glabellar lines located between the eyebrows in the U.S., Canada, and Europe. The primary endpoints of both pivotal Phase 3 studies demonstrated statistical significance for improvement with BoNT/E versus placebo in glabellar line severity on the Facial Wrinkle Scale from baseline at day 7. All tested secondary endpoints, including patient-reported outcomes on overall treatment satisfaction, demonstrated statistical significance, favoring improvement with BoNT/E versus placebo. The onset of efficacy was demonstrated at 8 hours after drug administration and efficacy duration was observed for 2-3 weeks after drug administration. Treatment-emergent adverse events for BoNT/E were similar to placebo, both as a single treatment and up to two consecutive treatments. Additional study results will be submitted for presentation at future medical meetings. A Phase 3 open-label safety study is ongoing, with results expected later this year.
GPAK

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08:34 EDT Gamer Pakistan launches audience testing, market research initiative - Gamer Pakistan announced the launch of a new initiative to provide independent game developers with collaborative market research and in-depth audience testing in Pakistan. Selected independent developers will partner with Gamer Pakistan to test their games, backed by the Company's unparalleled, in-depth insights into the behavior, preferences, and engagement patterns of Pakistani collegiate esports and youth mobile gaming communities. The initiative aims to provide developers with: In-Depth Insights: Utilize proprietary analytics for deep understanding of gamer behavior, preferences, and engagement patterns, thereby allowing for precision fine-tuning of game mechanics, storylines, and monetization strategies. Mass Exposure: Benefit from an extensive network and community engagement to garner widespread attention and constructive feedback. Resource Support: Leverage Gamer Pakistan's technological infrastructure to optimize game performance and user experience. Market Entry Support: With a vast community and industry expertise, Gamer Pakistan aims to significantly streamline and support developer journeys in bringing games to market.
CAE

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08:31 EDT CAE sells healthcare business for C$311M - CAE has reached a definitive agreement to sell CAE's Healthcare business to Chicago-based Madison Industries for an enterprise value of C$311M, subject to customary adjustments. Closing of the transaction, which is subject to closing conditions, including customary regulatory approvals, is expected before the end of FY24. Sale proceeds will be principally used to accelerate deleveraging, as well as to support CAE's continued focus on technology advancement, market leadership and cost optimization within its core training and simulation markets.
ENSC

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08:30 EDT Ensysce Biosciences secures $1.7M convertible note financing - Ensysce Biosciences entered into a securities purchase agreement with investors in the form of senior secured convertible notes and warrants exercisable for Ensysce common stock in a private placement for an aggregate investment of $1.7 million. The initial closing is expected to occur on or before October 26th and will raise $566,667, prior to fees and offering expenses.
QNRX

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08:30 EDT Quoin announces additional clinical data from trial in Netherton Syndrome - Quoin Pharmaceuticals announces additional positive clinical data from its ongoing open-label study evaluating the safety and efficacy of QRX003 as a potential treatment for Netherton Syndrome. This study, which is being conducted under Quoin's open Investigational New Drug application, is an open-label, single-arm trial that is evaluating 10 NS patients dosed with QRX003 over a twelve week period. All subjects in the study are continuing to receive off-label systemic therapy for the duration of the trial. Of the available data from six evaluable subjects, five demonstrated a well-defined positive improvement in pruritus, or itch, with those five subjects reporting absent or negligible pruritus on completion of dosing with QRX003 based on the endpoint scoring system. The sixth subject's pruritus was effectively unchanged on completion of dosing with QRX003. In the Investigator assessed skin scoring system, all six patients experienced an improvement in skin appearance, with three of the six subjects demonstrating improvement throughout the study, while for the other three subjects, signs of improvement were exhibited at various points throughout the dosing period. Importantly, all of the 6 subjects indicated a positive impression of QRX003 across a number of key metrics. Quoin CEO, Dr. Michael Myers, said, "While acknowledging that this is still early stage data, we are very pleased to announce today additional positive results from our ongoing open-label study in Netherton Syndrome. In August of this year, we announced positive data from the first subject, who completed the 12-week dosing period in the study, and I'm now delighted to provide a further positive update for an additional five subjects. The results for pruritus are particularly encouraging, as this often causes significant distress for Netherton patients. In addition, there are well defined efficacy signals across the other evaluated endpoints including skin appearance and the subjects' own impression of how QRX003 performed throughout the study, indicating that QRX003 may have the potential to become an effective treatment for Netherton Syndrome. Furthermore, the absence of any safety concerns from the study to date is a positive indicator for the ongoing clinical development of the product."
SYTA

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08:29 EDT Siyata Mobile teams with Synch Communication for first responders in Israel - Siyata Mobile is partnering with Synch Communication to provide essential communication solutions for first responders in Israel. The arrangement integrates the Synch application for communication, command, and control with Siyata's SD7 handsets to enhance the capabilities of Push-to-Talk in emergency environments.
MBOT

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08:28 EDT Microbot receives confirmation for commencement of CE Mark approval process - Microbot Medical announces it has received confirmation for the commencement of the process to support its future CE Mark approval, and to ultimately allow the Company to market the LIBERTY Robotic Surgical System in Europe as well as other regions who accept the CE Mark. According to the confirmation, the Company will commence audits for ISO 13485 certification to ensure its compliance with the Quality Management System requirements of the EU Medical Devices Regulation, during the first half of 2024. The Company had previously taken the first step to advance its European program by engaging with a leading Notified Body, who recently confirmed dates for conducting the required audits. "We are confident that we have taken the right measures to successfully complete these audits, which will serve as the first step in our commercial approval process for Europe as well as other regions across the globe which allow commercialization under the CE Mark," said Noa Ofer, Sr. Director QA/RA. "We intend that this process will be conducted in parallel with our FDA approval efforts, to allow us to capture as many markets across the globe as we prepare for future commercialization."
SOPA

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08:27 EDT Society Pass's Thoughtful Media to sponsor music events in Southeast Asia - Thoughtful Media Group, the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated, announces that it will commence sponsoring local live music events in Southeast Asia, SEA, resulting in creating unique marketing opportunities for advertisers. Expected to launch its first concert in 4Q 2023 in Jakarta, Indonesia, TMG-sponsored concerts will focus on the local musicians with a tag line of "Lemburan", which translates as "over-time", aiming to create a distinctive space and time for music fans to gather and to enjoy the nostalgia of their favourite musicians. Ilhamka Nizam, TMG Indonesia Country Head, explains, "Indonesians love music, and it comes as no surprise that TMG found an innovative way to tap into that expanding market segment. Across these live events, TMG aims to reach over 2.5 million over the course of the next year which will create significant sponsorship opportunities for advertisers and our 10,000-member influencer community here in Indonesia. We are planning to host 1 concert each month and is projected to earn $680K annually, and each year we are planning to host 1 big festival that is outside the monthly concerts we will be hosting. I am confident that over 2024, the Group will expand these initiatives across the rest of the TMG markets in Southeast Asia, significantly increasing the revenues for the Group".
OPTT

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08:27 EDT Ocean Power secures $1.6M order from multiple WAM-V 16s - Ocean Power Technologies has received an additional volume order from Sulmara, a prominent player in offshore services, of WAM-V 16 uncrewed surface vehicles making this the largest single order of WAM-Vs to date. The order, valued at $1.6 million, underscores OPT's commitment to providing innovative and sustainable solutions for the offshore industry. Due to demand, production is already underway to support and will allow for revenue recognition this fiscal year.
MTEK

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08:25 EDT Maris-Tech regains compliance with Nasdaq minimum closing bid price rule - Maris-Tech announced that it has received written notice from The Nasdaq Stock Market that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities, including the Company's ordinary shares, to maintain a minimum bid price of $1.00 per share.
ASLN

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08:25 EDT Aslan Pharmaceuticals to co-host KOL on atopic dermatitis treatment - ASLAN Pharmaceuticals will co-host a virtual investor event with a leading Clinical Research Organization, entitled "The Changing Face of Atopic Dermatitis: How the Clinical Trial and Treatment Landscape Has Changed in the Seven Years Following Dupilumab's Introduction", at 11:00am - 12:00pm ET. Registration for the webcast is accessible online here. The webcast will include presentations by ASLAN and the CRO followed by a panel discussion with Key Opinion Leaders, Jonathan Silverberg, MD PhD MPH and April W. Armstrong, MD MPH, on the changes in the clinical trial and treatment landscape in atopic dermatitis, the impact these changes have on clinical data and new therapies, and potential solutions for optimizing AD trials. During the event, ASLAN will present additional analyses of the TREK-AD patient population building on data recently published at the 32nd European Academy of Dermatology and Venereology Congress. Eblasakimab's efficacy was shown to be comparable in all levels of disease severity studied, however, less severe disease was shown to result in a materially increased placebo response in TREK-AD and other recent studies, making placebo-adjusted efficacy critically dependent upon disease severity in the trial patient population. ASLAN will also present new insights on the AD treatment landscape based on a recently conducted survey of physicians and AD patients in the US. Among the findings, the physicians surveyed selected eblasakimab's product profile to be their biologic of choice, if available, to prescribe for AD in the first- and second-line settings after dupilumab. In addition, seventy percent of the physicians surveyed consider monthly dosing from the start of treatment to be one of the most important attributes of a new AD therapy, consistent with eblasakimab's potential dosing regimen. The patients surveyed reiterated the importance of new treatment options for AD, with over half of dupilumab patients expressing a willingness to switch to a biologic with eblasakimab's target product profile. Based on these learnings from TREK-AD, ASLAN plans to implement changes to the ongoing phase 2b TREK-DX study of eblasakimab in dupilumab-experienced, moderate-to-severe AD patients. In addition to recruiting patients in the US, ASLAN will open new sites in Europe, introduce independent reviewer confirmation of the severity of the disease, and tighten the inclusion criteria to enroll patients with a baseline Eczema Area and Severity Index score of at least 18. ASLAN will provide updated guidance on the timing for the topline readout from the study after these changes have been implemented, and confirms these changes have no impact on the Company's ongoing preparations for a phase 3 study of eblasakimab in moderate-to-severe AD.
LSTA

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08:25 EDT Lisata announce first patient treated in cholangiocarcinoma cohort - Lisata Therapeutics announced treatment of the first patient in the cholangiocarcinoma cohort of the BOLSTER Trial by Dr. Ian Hu, a principal investigator of the study, at The University of Texas MD Anderson Cancer Center in Houston, Texas. The Company had previously announced the first patient in the head and neck squamous cell carcinoma cohort of the study had been treated. The BOLSTER trial is a Phase 2a, double-blind, placebo-controlled, multi-center, randomized study evaluating LSTA1 when added to standard-of-care versus SOC alone in patients with either advanced second-line head and neck squamous cell carcinoma, second-line esophageal squamous cell carcinoma, or first-line cholangiocarcinoma. "We are excited to announce treatment of the first patient in the cholangiocarcinoma cohort of the BOLSTER trial. Cholangiocarcinoma, or bile duct cancer, is a rare and aggressive cancer that often presents with minimal or no symptoms and, therefore, is often diagnosed in its very late stages. Even if diagnosed early, the 5-year survival rate is less than25%. Unfortunately, most patients are diagnosed at a much later stage of disease progression and thus have a 5-year survival prognosis nearing 0%. Our hope is that LSTA1 will demonstrate a marked improvement in the efficacy of standard-of-care therapy for this insidious disease. As we have stated previously, the BOLSTER trial gives us the opportunity to evaluate the potential of LSTA1 in a variety of solid tumor settings in combination with corresponding standards-of-care and will provide direction on possible next steps in development," stated Kristen Buck, M.D., Executive Vice President of R&D and Chief Medical Officer of Lisata. "With several patients already consented, enrolled, and treated in the study thus far, we are very pleased with its progress to date. We remain committed to developing groundbreaking therapies that can transform the outcomes of individuals facing these life-threatening conditions."
WSC

Hot Stocks

08:23 EDT WillScot Mobile Mini adds Clearspan structures to its portfolio - WillScot Mobile Mini announced it has acquired 616 Global Clearspans, a leading national temporary and semi-permanent clearspan structure company based in Tucson, Arizona. The acquisition further extends WillScot Mobile Mini's comprehensive offering of temporary space solutions, adding capability to create more expansive space solutions for the Company's core markets and providing growth opportunities in new end markets. Tim Boswell, President and Chief Financial Officer, commented, "Adding flexible clearspan structures to our already expansive portfolio of space solutions is another step in our strategy to make it easy for companies to get the right turnkey space they need for their projects. These highly configurable and durable temporary fabric structures are commonly utilized by existing customers across virtually all end markets that we serve. They also are complementary to our existing offering and often deployed together with our other modular space and storage solutions. As with our other solutions, we see opportunities to drive value-based pricing, expand our Essentials line of Value-Added Products and Services, and bring scale efficiencies to the 616GC operations across our North American footprint, all while delivering differentiated solutions and unrivaled service levels to our customers. The 616GC team and products are a terrific addition to WillScot Mobile Mini, and we are excited about the obvious commercial synergies in the combination."
GFAI

Hot Stocks

08:23 EDT Guardforce AI completes conversion of $15.91M of total debt, interest - Guardforce AI has completed the conversion of the Company's $13.4 million of debt and $2.5 million of accrued and unpaid interest in exchange for 2,947,150 restricted ordinary shares at $5.40 per share on October 24, 2023. The conversion price represents an approximately 75% premium to yesterday's closing price.
ONTX

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08:22 EDT Onconova appoints Moyo as CMO, Arora as VP, Global Medical Affairs, R&D - Onconova Therapeutics announced that the Company expanded its leadership team with the naming of Dr. Victor Moyo as Chief Medical Officer, CMO, and the addition of Meena Arora as Vice President, VP, Global Medical Affairs and Research and Development, R&D. Dr. Moyo joined Onconova as Consulting Chief Medical Officer in August, 2023. Most recently, Arora served as Vice President/Head of Global Medical Affairs - Epidermolysis Bullosa for Amryt Pharma.
IMMP

Hot Stocks

08:22 EDT Immutep reports clinical data from INSIGHT-003 trial - Immutep provides an overview of the promising clinical data from the investigator-initiated INSIGHT-003 trial. The study evaluates a triple combination of eftilagimod alpha, a soluble LAG-3 protein and MHC Class II agonist, with anti-PD-1 therapy and doublet chemotherapy as front-line therapy for metastatic or advanced non-squamous non-small cell lung cancer. The poster presentation at ESMO Congress 2023 showed the triple combination therapy continues to be well-tolerated with strong signals of efficacy. The clinical data included a positive median Overall Survival that was not reached and encouraging median Progression Free Survival of 10.1 months. Additionally, the IO-IO-chemo combination achieved a 71.4% Overall Response Rate 90.5% Disease Control Rate, and showed positive early trends in 12-month OS and PFS rates. Notably, 81% of patients in the trial had a PD-L1 Tumor Proportion Score of less than50%, including PD-L1 negative and PD-L1 low, who are less responsive to anti-PD-1 based therapy as compared to PD-L1 high patients. In this difficult-to-treat NSCLC patient population with PD-L1 TPS less than50%, the triple combination's 70.6% ORR 10.9-month median PFS and 10.1 month median PFS compare favourably to the reported 40.8% response rate, 9.2-month median PFS, and 6.2-month median PFS from a registrational trial of anti-PD-1 and doublet chemotherapy.2 Furthermore, the triple combination appears to be safe, and the addition of efti does not appear to increase the toxicity of the standard chemo-immunotherapy regimen. Patients with high, low, and negative PD-L1 expression represent approximately 30%, 35%, and 35%, respectively, of the metastatic non-small cell lung cancer patient population. Unlike many immuno-oncology combinations that focus on high PD-L1 expressing patients, compelling clinical results to date from efti's clinical trials suggest it may be uniquely positioned to effectively address low and high PD-L1 expressors through chemo-free IO-IO combinations, and potentially the entire NSCLC patient population with a focus on patients with TPS less than50% with IO-IO-chemo combinations.
SYF

Hot Stocks

08:21 EDT Synchrony sees FY23 loan receivables growth of 11% - Sees FY23 net interest margin 15.15%. Sees FY23 net charge-offs 4.85%. Sees FY23 RSA/Average loan receivables 3.95%. Sees FY23 operating expenses $1.15B. Guidance taken from Q3 presentation slides.
LCW

Hot Stocks

08:21 EDT Learn CW Investment Corp trading halted, news pending
RNAZ

Hot Stocks

08:20 EDT Transcode announce preliminary results in patient in Phase 0 study of TTX-MC138 - TransCode Therapeutics announced preliminary results with its lead therapeutic candidate, TTX-MC138, in the first patient enrolled in its Phase 0 clinical trial aimed at demonstrating delivery of TTX-MC138 to metastatic cancer, including metastases beyond those found in the liver. These preliminary data showed that radioactivity consistent with accumulation of TTX-MC138 was detected by noninvasive imaging in the regions of the metastatic lesions previously identified by fluorodeoxyglucose/positron emission tomography. In addition, radiolabeled TTX-MC138 had pharmacokinetic behavior consistent with that expected based on non-clinical IND-enabling studies. The patient tolerated the dosing with no reported adverse reactions. Metabolite analysis indicated circulation of intact radiolabeled TTX-MC138 for more than 20 hours, equivalent to that predicted by Drug Metabolism and Pharmacokinetics modelling, and that the drug candidate analyzed in the blood was identical to that of the manufactured drug candidate, demonstrating in vivo stability. The Phase 0 trial is an open-label, single-center, microdose study intended to demonstrate delivery of the radiolabeled version of TTX-MC138 to radiographically-confirmed metastases in subjects with advanced solid tumors. The trial is not intended to demonstrate a therapeutic effect. "Our Phase 0 trial involves a single microdose of radiolabeled TTX-MC138 followed by noninvasive PET-MRI imaging and metabolite analysis. Given the similarities between humans and non-human primates relative to anatomy, physiology, and molecular biology, we anticipated results in trial patients comparable to those observed in the DMPK model based on our NHP studies, as evidenced by the preliminary data we announced today," added Michael Dudley, Chief Executive Officer of TransCode.
WKSP

Hot Stocks

08:18 EDT Worksport increases R&D for Terravis Energy's heat pump project - Worksport announces that its subsidiary, Terravis Energy, has increased R&D for its Cold Climate Residential Heat Pump, which is also a cooling product, due to expected large-scale growth in the North American and global markets. The Company is excited to expand its heat pump R&D team concurrently with massive increases in worldwide growth forecasts, including a North American market size currently estimated at US$7.3 billion with a projected 9% annual growth rate between 2023 and 2032, reaching US$24 billion by 2028. In addition, many localities are banning future installation of gas-powered stoves, furnaces, and propane heating, effectively requiring the use of climate-friendly appliances such as heat pumps and induction stoves in many new construction residences. "The Terravis heat pump is the right product at the right time in a very appealing large worldwide growth market," said Worksport CEO Steven Rossi. "It represents something major for Worksport as we expect to introduce further energy-based products, including the SOLIS solar truck bed cover and its companion COR hot swap battery system. Developing and marketing the Terravis heat pump is expected to be a first step in the transition to an all-energy enterprise that assists consumers with off-grid solutions ranging from pickup trucks to zero-emission heating and cooling. It's another example of how Worksport and Terravis continue to outpace expectations across the board. We anticipate that the heat pump will be a great addition to our arsenal of clean and sustainable consumer products."
BFLY

Hot Stocks

08:17 EDT Butterfly Network announces $20M milestone in 5-yr pact with Forest Neurotech - Butterfly Network and Forest Neurotech, a deep tech research company that is building a minimally-invasive device for imaging and stimulating the brain with ultrasound, today announced they have entered into a five-year co-development agreement. The agreement includes $20MM to be paid to Butterfly for annual licensing, chip purchases, services and milestone payments, of which $3.5MM was received on signing. Additional revenue is anticipated for every unit sold upon commercialization. Forest Neurotech is the latest Focused Research Organization to be created as part of Convergent Research, an incubator for ambitious scientific non-profits and member of the Schmidt Futures Network. Convergent Research recently announced $50M in new philanthropic support...The news follows Butterfly's announcement in August 2023, launching Butterfly Garden to facilitate partnerships with medical device companies, AI companies, or software developers seeking to build new applications with its industry leading imaging platform. Butterfly's Ultrasound-on-Chip technology can operate at a wide range of frequencies, has enormous programming flexibility, and is compact in size, making it highly suitable for a variety of ultrasonic sensing use cases, including potential implantables. Since launching Butterfly Garden, Butterfly has seen a strong response to the program and the company expects additional collaboration announcements to follow.
SUM

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08:17 EDT Summit Materials announces expiration of HSR waiting period for transaction - Summit Materials announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with Summit's pending combination with Argos North America, the U.S. operations of Cementos Argos. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the transaction. The transaction is expected to close in Q1 of 2024 subject to customary closing conditions, including approval by Summit Materials shareholders.
TSHA

Hot Stocks

08:17 EDT Taysha Gene Therapies presents preclinical in-vitro data on TSHA-102 - Taysha Gene Therapies announced new preclinical in vitro data on TSHA-102 in Rett syndrome as part of a poster presentation at the European Society of Gene & Cell Therapy 30th Annual Congress. TSHA-102 is a self-complementary intrathecally delivered AAV9 investigational gene transfer therapy that utilizes a novel miRNA-Responsive Auto-Regulatory Element technology designed to mediate levels of MECP2 in the CNS on a cell-by-cell basis without risk of overexpression. These data demonstrate the function of the miRARE-RHD1pA regulatory element and its impact on MECP2 transgene and protein expression in human and mouse cell lines, providing further support for the regulatory control of miRARE. The preclinical study presented at ESGCT used human and mouse cell culture models to explore the function of miRARE and its impact on MECP2 transgene and protein expression in the presence or absence of cellular MeCP2 using both viral AAV9 transduction and plasmid transfection containing either miRARE-regulated or SV40 elements. In vitro data showed post-transcriptional gene silencing by miRARE in response to cellular MeCP2 levels can be recapitulated in human and mouse cell lines: miRARE controlled dose-dependent transgene expression of MeCP2 protein via a similar mechanism in both human and mouse cell lines miRARE partially silenced transgene expression in neuronal and non-neuronal cell lines; the expression and subsequent downregulation were 4-5-fold higher in neuronal cell lines, supporting tissue-specific expression of MeCP2 Transgene protein expression was highest in homozygous cells and slightly greater than wild-type in heterozygous cells, demonstrating transgene expression of MeCP2 protein is sensitive to cellular levels of MeCP2 and increases in human cells with both endogenous MECP2 copies disrupted Transgene silencing occurred in part by inducing mRNA decay but more substantially by reducing miniMeCP2 protein accumulation, suggesting that the miRARE technology also acts in cis to prevent translation
EFTR

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08:16 EDT eFfector to collaborate with Northwestern University Hematology, Oncology - eFFECTOR Therapeutics announced the initiation of dosing in an investigator-initiated Phase 1 dose escalation trial evaluating tomivosertib in patients with relapsed/refractory Acute Myeloid Leukemia. The trial will be conducted at the Robert H. Lurie Comprehensive Cancer Center of Northwestern University and chaired by Shira Dinner, M.D., Associate Professor of Medicine. Leonidas Platanias, M.D., Ph.D., Director, Robert H. Lurie Comprehensive Cancer Center and Professor of Medicine and Biochemistry and Molecular Genetics, and Jessica Altman, M.D., Professor of Medicine will serve as Co-Chairs of the trial. Tomivosertib is an inhibitor of mitogen-activator protein kinase interacting kinase 1 and 2 and blocks phosphorylation of eukaryotic initiation factor 4E. Doug Warner, M.D., chief medical officer of eFFECTOR Therapeutics added: "We are excited to collaborate with the Northwestern team to further explore tomivosertib in hematologic settings as eFFECTOR continues to evaluate tomivosertib's potential for treatment of solid tumors in non-small cell lung cancer."
FIAC

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08:15 EDT DevvStream completes preparation of financial statements for combination - DevvStream Holdings provides a progress update since the execution of its business combination agreement for a business combination with Focus Impact Acquisition Corp., which is expected to result in the securities of DevvStream being listed for trade on the Nasdaq Stock Market. The Transaction values DevvStream at an implied enterprise value of approximately $212.8 million, representing an equity value of C$2.16 per DevvStream subordinate voting share prior to closing. Since executing the Business Combination Agreement, DevvStream has completed its preparation of required financial statements, prepared in accordance with U.S. GAAP and audited in compliance with Public Company Accounting Oversight Board requirements, for inclusion in the Registration Statement on Form S-4 to be filed by Focus Impact with the Securities and Exchange Commission in the coming weeks registering the securities being issued in connection with the Business Combination, which Registration Statement will also contain a proxy statement for the purpose of soliciting votes from the Focus Impact shareholders to approve the Business Combination. The Business Combination is expected to be completed by early Q1 2024, subject to the satisfaction of closing conditions under the Business Combination Agreement.
RYZB

Hot Stocks

08:15 EDT RayzeBio announces FDA selected RYZ101 into CMC CDRP program - RayzeBio announced the FDA has selected RYZ101 into the inaugural Chemistry, Manufacturing, and Controls, CMC, Development and Readiness Pilot, CDRP, program. The CDRP program was created by the FDA to facilitate CMC readiness for selected therapies with accelerated clinical development timeframes based on the anticipated clinical benefits of earlier patient access to the therapy. Under the program, the FDA will work closely with RayzeBio to facilitate CMC development of RYZ101 for the treatment of somatostatin receptor positive gastroenteropancreatic neuroendocrine tumors that have progressed following prior Lutetium-177 labelled somatostatin analogue therapy. "We applaud the FDA for undertaking this initiative to partner with pioneers in emerging modalities. We are making significant investments to ensure commercial readiness for RYZ101, including building our own manufacturing facility in Indianapolis. RYZ101 has already demonstrated encouraging preliminary response data and is now enrolling in a registrational Phase 3 clinical trial. We are eager to collaborate with the FDA as we aim to develop and bring this important therapy to market," said Ken Song, M.D., President and CEO of RayzeBio.
ECOR

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08:14 EDT electroCore announces data from abstract on nVNS - electroCore announced top line data from an abstract being presented as an oral podium presentation at the 2023 American College of Gastroenterology Annual Meeting held in Vancouver, Canada from October 23-25, 2023 regarding the potential for Non-invasive Vagus Nerve Stimulation, nVNS, to decrease the use of acute rescue medications for exacerbations of nausea due to Gastroparesis or Functional Dyspepsia. This pilot study included patients greater than or equal to15 years of age with ongoing GP or FD symptoms for a period of greater than or equal to3 months. The primary endpoint was reducing the use of antinausea medications by using nVNS as the primary rescue treatment for nausea exacerbations. Exploratory endpoints included changes in GI, autonomic, and psychological symptoms via standardized questionnaires. The study showed nVNS reduced the use of rescue pills per day by more than 50%. This benefit was maintained throughout each 4-week treatment period of the crossover study as well as during the two, two-week, washout periods. Exploratory endpoints revealed robust improvements in abdominal pain, reflux, indigestion, and constipation. Depression levels, as measured by the Beck Index, improved, and Migraine scores improved with the subjects using fewer headache/migraine pills per day during the study. No serious device-related adverse effects were reported. Peter Staats, MD, Chief Medical Officer for electroCore, commented, "We congratulate all the investigators and patients that supported this research into the role of nVNS as a novel, non-pharmacologic treatment for patients suffering from gastroparesis. The significant decrease in the use of rescue medications, combined with the many benefits seen in the accompanying symptoms that often plague patients with gastroparesis suggest a new and important role for nVNS."
NEXI

Hot Stocks

08:13 EDT Neximmune, Yale, JDRF extend research partnership with Type 1 diabetes - NexImmune announces the extension of the research partnership between NexImmune, Yale and JDRF to explore the use of NexImmune's AIM nanoparticles in combination with an anti-CD3 mAb to tolerize, deplete or modulate diabetes antigen-specific T cells. The extension includes an additional $300,000 grant, funded by JDRF to Yale, as a part of its Cures research portfolio, which includes therapies for the prevention of type 1 diabetes. The JDRF award will continue to fund efforts to investigate the use of NexImmune's AIM nanoparticles in combination with a murine surrogate of teplizumab, which has been shown to modulate the pathogenic immune response acutely. Combining anti-CD3 treatment with NexImmune's injectable therapy provides the opportunity to target and modulate T1D antigen-specific T cells and potentially maintain their non-responsiveness with the goal to extend benefit and induce tolerance. NexImmune's nanoparticles have the potential to further enhance the effect of anti-CD3 through modulation of the residual T1D specific T cells.
MOTS

Hot Stocks

08:12 EDT Motus receives FDA clearance to commercialize Pure-Vu EVS Gastro, Gen 4 Colon - Motus GI Holdings announced that it has received clearance from the U.S. Food and Drug Administration, FDA, for the special 510(k) for technological advancements featured in the new Pure-Vu EVS Gastro and Gen 4 Colon system. The Pure-Vu EVS Gastro opens the critically important upper gastrointestinal portion of the market and access to the high acuity patients that suffer from an upper GI bleed where visualization to address this high mortality condition can be a significant issue. "We are excited to receive FDA clearance for our next generation system, which features key enhancements such as a larger and more powerful suction channel, more efficient irrigation jets, and a smaller profile distal tip that offers enhanced flexibility during insertion and enhanced navigation. In addition to offering new capabilities, this latest version of our platform reduces the cost-of-goods by approximately 50% and the training requirements for the customer from hours to minutes. Based on physician feedback, we expect the Upper GI indication and these enhancements to be well received by the GI community and we believe will drive greater market adoption of the Pure-Vu EVS platform," commented Mark Pomeranz, Chief Executive Officer. "We look forward to initiating market introduction of the Pure-Vu EVS Gastro and Gen 4 Colon in the U.S. by the end of the year. Currently, we are planning to ramp up manufacturing supply and expect to have supply of both new products to customers in the coming months."
AMSC

Hot Stocks

08:12 EDT AMSC announces $37M of new energy power system orders - AMSC announced $37M of new energy power systems orders. This includes orders for enclosed capacitor banks, harmonic filters, voltage controllers, transformers, rectifiers, sag mitigation solutions, and volt var optimizers. Nearly all of the revenue from these orders is expected to be recognized in fiscal year 2024.
ITRM

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08:10 EDT Iterum announces completion of enrollment in it REASSURE Phase 3 trial - Iterum Therapeutics announced the completion of patient enrollment in its REASSURE clinical trial comparing oral sulopenem to oral Augmentin in adult women with uncomplicated urinary tract infections, uUTI. "We are extremely pleased to have completed enrollment in our REASSURE trial well ahead of schedule. We now expect topline results early in the first quarter of 2024, and subject to our analysis of the data, plan to resubmit our NDA to the FDA in the second quarter of 2024," said Corey Fishman, Chief Executive Officer. "This significant milestone represents another exciting step forward in the development of oral sulopenem and potentially bringing to market the first antibiotic approved for the treatment of uUTIs in over 25 years, as well as the first oral penem, in the U.S." Iterum expects to report topline data early in the first quarter of 2024 and, subject to its analysis of the data, to resubmit its New Drug Application for oral sulopenem for the treatment of uUTIs to the U.S. Food and Drug Administration in the second quarter of 2024.
NKGN

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08:10 EDT NKGen Biotech announces FDA clearanc of IND application for SNK01 - NKGen Biotech announced that the U.S. Food and Drug Administration has cleared its investigational new drug application for SNK01 natural killer cell therapy for treatment of moderate Alzheimer's Disease. SNK01 is an autologous, non-genetically modified NK cell product that has enhanced cytotoxicity and activating receptor expression. This approved trial of 30 patients with moderate AD will look to commence before the end of this year and the first interim data is expected in early Q3 2024. NKGen's SNK01 program continues to show positive progress in Alzheimer's Disease, as demonstrated by results reported in recent poster presentations in July and October 2023 at AAIC and WCN, respectively. The Phase I, 3 + 3 dose-escalation trial, data on the use of SNK01 to treat patients with Alzheimer's Disease demonstrated that SNK01 was well tolerated and appeared to cross the blood-brain barrier to help reduce proteins and neuroinflammation in a dose-dependent manner without any related serious adverse effects observed. No dose-limiting toxicities were reported, while positive changes in cognitive function and cerebrospinal fluid biomarkers were observed.
MDAI

Hot Stocks

08:09 EDT Spectral AI appoints Paul Chadwick as senior executive for UK, EMEA - Spectral AI announced the appointment of Prof. Paul Chadwick as Executive Vice President of the Company's United Kingdom subsidiary. Prof. Chadwick is an experienced clinical scientist and wound care key opinion leader with an impressive body of work including a substantial and impactful publication record, particularly in the domain of diabetic wound management. He will be responsible for the international market expansion of the Company's DeepView wound imaging technology in the United Kingdom, Europe, Middle East and Africa, all of which are geographic areas where Prof. Chadwick has extensive clinical networks, significant experience and has enjoyed previous successes. In his previous roles at the Royal College of Podiatry, Prof. Chadwick led all the clinical, educational and financial aspects of the organization.
ZIMV

Hot Stocks

08:09 EDT ZimVie announces over 2,000 children have received The Tether VBT - ZimVie announced that over 2,000 children worldwide have been treated with The Tether Vertebral Body Tethering System. The Tether was approved as a Humanitarian Device by the FDA in 2019, based on over seven years of clinical data. Over fifty surgeons have performed VBT using the market-leading Tether system to treat patients diagnosed with adolescent idiopathic scoliosis. "Having brought this technology to over 2,000 children is a milestone that serves as a reminder of our commitment to put patients first, especially those for whom our products can have such profound and prolonged impact," added Rebecca Whitney, Global President of ZimVie Spine. "The Tether is an important and inspirational part of our motion preservation portfolio. We remain dedicated to developing the market for vertebral body tethering and restoring daily life for this special group of patients."
SWIM FBIN

Hot Stocks

08:08 EDT Latham Group appoints Gloe as CFO - Latham Group (SWIM) announced the appointment of Oliver Gloe as Chief Financial Officer, CFO, effective November 13, 2023. Gloe will join Latham on October 30, 2023 as Vice President, Finance before assuming the role of CFO. As CFO, Gloe will oversee Latham's finance, strategic planning, investor relations, treasury, tax and accounting reporting functions and report to Latham President and Chief Executive Officer, Scott Rajeski. Mark Borseth, who currently serves as Interim Chief Financial Officer, will transition to the role of Strategic Advisor to the Company beginning November 13, 2023 through December 31, 2023. Gloe brings over 20 years of experience leading finance teams within global manufacturing companies. He joins Latham after serving with Fortune Brands Innovations (FBIN) as the Chief Financial Officer, Outdoors & Security.
SCYX

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08:08 EDT Scynexis presents new preclinical data on SCY-247 - SCYNEXIS announced the presentation of preclinical data on its second generation fungerp candidate, SCY-247, against a broad panel of fungal pathogens. The analyses were presented by Mahmoud Ghannoum, Ph.D, Professor and Director Center for Medical Mycology, Case Western Reserve University, in an oral presentation titled, "SCY-247, a Second-generation IV/Oral Triterpenoid Antifungal: In Vitro Activity Against a Broad-spectrum of Fungal Pathogens, and Dose-dependent Tissue Distribution In Vivo" at the 11th Congress on Trends in Medical Mycology held in Athens Greece October 20-23, 2023. The preclinical study evaluated the activity of second-generation triterpenoid antifungal candidate SCY-247 against a range of fungal pathogens, including multi-drug resistant strains. Results illustrated the potent and broad-spectrum in vitro activity of SCY-247, including against a large array of yeasts, molds and dimorphic fungi. Results also demonstrated SCY-247's extensive tissue distribution in mice, including brain penetration. Finally, SCY-247 demonstrated fungicidal activity against multi-drug resistant strains, including Candida albicans and Candida auris, as well as evidence of dose-dependent in vivo efficacy in a mouse model of invasive candidiasis.
PLSE

Hot Stocks

08:08 EDT Pulse Biosciences appoints Niv Ad, M.D. as Chief Science Officer - Pulse Biosciences announced the appointment of Niv Ad, M.D. as Chief Science Officer, Cardiac Surgery. "After working with the Pulse Biosciences' team and participating in preclinical studies using the nsPFA clamp for cardiac ablation, it was immediately clear to me that nsPFA has the potential to not only replace all other energy modalities in cardiac ablation, including radiofrequency and cryo, but due to the speed, safety, and ablation performance of the system, it has the potential to significantly expand the number of patients we treat in cardiac surgery," said Dr. Niv Ad, Chief Science Officer, Cardiac Surgery. "Because of this and how far along the Company is in the development of a commercially viable system, I decided to join this experienced team as it enters this next exciting phase of bringing nsPFA from the lab to the clinic to make a positive impact on patient lives and healthcare. I look forward to working alongside this impressive team."
INSM GOOG

Hot Stocks

08:07 EDT Insmed and Google Cloud partner for AI use in drug development - Insmed (INSM) announced a collaboration with Google (GOOG) Cloud to transform the drug discovery, development, and commercialization landscape of the life sciences industry through the use of generative AI. This alliance will harness the power of Google Cloud's AI technology and Insmed's expertise in serious and rare diseases with a goal of reducing the time and increasing the efficiency of developing and delivering new medicines to appropriate patients. The collaboration focuses on four key aspects of the life sciences industry-drug discovery, drug development, drug commercialization, and enabling functions-and has already identified one to three projects under each area for completion within the next 18 months, with multiple additional programs to follow. Insmed has built a generative AI search capability using Vertex AI Search trained on its internal documentation, as well as separate functionality that enables indexed access to available, external medical publications.
CNXA

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08:06 EDT Connexa Sports Technologies enters distribution agreement for Padel Tennis - Connexa Sports Technologies has agreed a multi-year distribution agreement covering all global markets for Padel Tennis with Desarrollo y Promocion de Padel S.L., a division of Manza Sport based in Valencia, Spain - a company that has over 20 years of experience in the global Padel Tennis market as a leading supplier of Padel Tennis courts. From 2024, this agreement will guarantee a minimum of $4M to Connexa in annual revenue.
STLA

Hot Stocks

08:06 EDT Stellantis, Orano enter electric vehicle battery recycling agreement - Stellantis N.V. and Orano announced the signing of a memorandum of understanding to establish a joint venture for recycling end-of-life electric vehicle batteries and scrap from gigafactories in Enlarged Europe and North America, strengthening Stellantis' position in the electric-vehicle battery value chain by securing additional access to cobalt, nickel, and lithium necessary for electrification and energy transition. "The United Nations' Sustainable Development Goals has confirmed the need to find solutions like this one with Orano to meet the challenge of natural resource scarcity and sustainability," said Stellantis Senior Vice President, Circular Economy Business Unit, Alison Jones. "Guided by our Dare Forward 2030 strategic plan, Stellantis is committed to shifting its production and consumption model by fulfilling its circular economy commitment." The joint venture capitalizes on Orano's innovative, low-carbon technology, which breaks with existing processes, allowing the recovery of all materials from lithium-ion batteries, and the manufacturing of new cathode materials. The joint venture will produce materials also known as "black mass" or "active mass." This can be refined in Orano's hydrometallurgical plant to be built in Dunkirk, France, so that the materials could be re-used in batteries, thus closing the loop of a circular economy.
BRAG

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08:06 EDT Bragg Gaming expands iGaming content reach in Italy with Lottomatica - Bragg Gaming Group announced the expansion of its content distribution network in Italy with Lottomatica Group, "the leading online casino operator in Europe's second largest regulated online casino market. The new content distribution agreement will bring Bragg's Italian casino content portfolio, including localized versions of proprietary games such as Fairy Dust by Atomic Slot Lab and Sea of Plenty by Indigo Magic, as well as multiple locally-certified titles from the company's exclusive Powered by Bragg casino games collection, to a large new Italian audience for the first time. Lottomatica is Italy's leading online casino operator with a reported 21% market share. H2 Gambling Capital estimates online casino revenues in Italy will grow 15% this year compared to 2022 to $2.7B .
RDFN APO

Hot Stocks

08:06 EDT Redfin: Funds managed by Apollo agree to commit up to $250M of financing - Redfin Corporation (RDFN) on Monday announced that funds managed by Apollo Capital Management, L.P. (APO) and its affiliates have agreed to commit up to $250M of financing for Redfin in the form of a first lien term loan facility. Redfin borrowed half of the loan on October 20, 2023 and the remainder will be available as a delayed draw during the following 12 months. Redfin will use cash on the balance sheet to simultaneously repurchase a portion of the company's existing convertible notes. "This transaction strengthens Redfin's balance sheet by extending our debt maturities into 2028, gives Redfin the flexibility to repurchase or repay additional convertible debt going forward, and also reflects Apollo's support for Redfin's long-term success." As security for its obligations under the facility, Redfin granted Apollo a first priority security interest on substantially all of Redfin's assets and the assets of its material subsidiaries, subject to certain exceptions. As part of the transaction, Redfin has agreed to repurchase $5M principal amount of its convertible notes due in 2025 held by Apollo and $72M principal amount of its convertible notes due in 2027 held by Apollo for an aggregate repurchase price of approximately $50M using cash on the balance sheet. In addition, Redfin retains the ability to use proceeds from the transaction to buy additional convertible notes in the open market or via privately negotiated transactions as well as the ability, should the need arise, to address the convertible notes at maturity, repay preferred equity, pay interest, pay fees and expenses, and general corporate purposes. Shares of Redfin are up 11% in pre-market trading.
IBM SAP

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08:06 EDT IBM, KPMG expand partnership - IBM (IBM) and KPMG LLP announced they are expanding their alliance to help enable business transformations for clients implementing SAP (SAP) S/4HANA across the energy and utilities industry. Cloud enterprise resource planning projects run the potential risk of failing without the right technology in place and the right business expertise to fully integrate it. IBM Consulting and KPMG together are bringing a breadth of consulting, operations, tax, risk and finance experience to the ERP implementation process to help energy and utilities companies automate and manage core business processes for optimal performance.
AJG CADE

Hot Stocks

08:04 EDT Arthur J. Gallagher to acquire Cadence Insurance for $904M in cash - Arthur J. Gallagher & Co. (AJG) announced it has signed a definitive agreement to acquire Baton Rouge, Louisiana-headquartered Cadence Insurance, a wholly-owned subsidiary of Cadence Bank (CADE) for $904M in cash. The transaction is subject to regulatory approval and is expected to close during the fourth quarter of 2023. Key highlights: Transaction is financially compelling with estimated 24% tangible book value per share3 accretion and 160 bps improvement in CET1. On an after-tax basis, the immediate net capital increase is expected to be approximately $620M and net cash proceeds are estimated at $650M. The significant capital creation bolsters the Company's balance sheet flexibility and profitability profile, while providing flexibility for capital redeployment to drive shareholder value. The sale is expected to be slightly positive to earnings per share through the use of cash proceeds to reduce wholesale borrowings. Further net income and earnings per share enhancements are anticipated as generated capital is deployed through strategic and franchise growth initiatives over time. Cadence anticipates the transaction, which is subject to standard closing conditions, will close in the fourth quarter of 2023. Cadence Insurance executive leadership, management and employees will join Gallagher following the sale.
GE

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07:54 EDT General Electric 'really pleased' overall with renewables
XMTR

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07:53 EDT Xometry integrates Teamspace collaboration tool into AI-powered marketplace - Xometry integrated Xometry Teamspace into its AI-powered marketplace. The cloud-based centralized project management software provides project managers and supply chain executives with real-time project visibility, seamless and limitless collaboration on large, mission-critical projects. Previously in beta with major organizations, including a prominent e-commerce company, a global construction equipment manufacturer and a leading federally funded national research organization, Teamspace helps enterprise companies create resilient supply chains and get their critical projects to market faster. The integrated cloud-based software streamlines what was once an unwieldy process, pulling together the right decision-makers, providing a single window into operations and fostering collaboration on important projects, from custom-part orders to high-volume production runs.
ACB

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07:52 EDT Aurora Cannabis settles patent litigation with Willow Biosciences - Aurora Cannabis and Willow Biosciences have completed a confidential settlement resolving the ongoing patent litigation between the two parties in Canada. Aurora commenced a patent infringement action in July 2021, alleging that Willow's biosynthetic process for synthesizing cannabinoids infringed Aurora's exclusive rights to patents co-owned by the University of Saskatchewan and the National Research Council.
GE

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07:48 EDT GE CFO: Demand remains robust at GE Aerospace
NICH

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07:46 EDT Nitches, Inc. announces meeting with hospitality group - The company said, "Nitches is thrilled to share an exciting update as they gear up for the International Ft. Lauderdale Boat Show. As the company continues to build momentum and expand its horizons, Nitches recently had a pivotal meeting with a prominent and sizeable hospitality group. This meeting marks the beginning of a promising partnership aimed at investing in and expanding the renowned Tover Spirits Brand.This strategic collaboration is a significant step for Nitches as they look to forge strong relationships and partnerships in the coming year and beyond. The collective effort and expertise of both Nitches and the hospitality group are set to make a resounding impact on the luxury spirits market in 2024 and beyond. Nitches invites you to stay tuned for live tweeting of exclusive events and captivating images from the International Ft. Lauderdale Boat Show, which promises to be a highlight of the week."
ECAOF

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07:45 EDT Eco Atlantic announces director dealing - Eco Atlantic Oil & Gas announces that Peter Nicol, Non-Executive Chairman of Eco, purchased 200,000 common shares in the Company at a price of 10.05 pence per share. Following the Share Purchase, Peter Nicol is beneficially interested in, in aggregate, 1,959,266 Common Shares representing approximately 0.53 per cent. of the Company's currently issued share capital.
NEO

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07:43 EDT NeoGenomics announces commercial availability of two new tests - NeoGenomics announced the commercial availability of two new tests, expanding its cancer portfolio of innovative products. These include Neo Comprehensive- Heme Cancers, a next-generation sequencing panel with a comprehensive genomic profile of hematologic malignancies, and Early-stage Non-Small Cell Lung Cancer Panel, a therapy selection panel designed specifically for early-stage NSCLC patients.
ELVA

Hot Stocks

07:42 EDT Electrovaya appoints Steven Berkenfeld to board of directors - Electrovaya announced the appointment of Steven Berkenfeld to the Company's board of directors. Steven Berkenfeld is a renowned and passionate Climate and Clean Technology advocate and has been acting as an advisor to Electrovaya's CEO since 2021. Steven retired from a long career in Investment Banking at the end of 2019 to focus entirely on impact and sustainability. He is the founder of Ecotopia Consulting LLC.
LASE

Hot Stocks

07:41 EDT Laser Photonics commences pre-orders for CleanTech Robotic Cell Enclosure - Laser Photonics announced that pre-orders are open for its recently launched CleanTech Robotic Cell Enclosure, a programable and AI-capable product that eliminates safety concerns for human operators. This new offering is currently available to customers for pre-order, with initial deliveries anticipated in early 2024.
OCTO

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07:40 EDT Eightco achieves prepayment, redemption agreement for notes, warrants - Eightco unveils a Prepayment and Redemption Agreement with an accredited investor, signifying a noteworthy milestone in our journey. This agreement, effective as of October 23, 2023, marks progression in the transformation of our financial structure. The Company has entered into the Agreement with the Investor pursuant to which the Company is to prepay and redeem all outstanding financial instruments with the Investor, including all the Senior Secured Convertible Notes and outstanding warrants, for a cumulative total of $8,215,000. This includes an initial payment of $3,000,000, strategically designated for the 2022 Note, a portion of the 2023 Note, and the full redemption of the outstanding warrants. In addition, the 2023 Note will no longer be convertible. Subsequent payments, ranging from $150,000 to $2,275,000, are to be applied to the 2023 Note and continue on a monthly basis, culminating in a final payment on March 15, 2024. Brian McFadden, CEO of Eightco Holdings Inc., emphasized, "The prepayment settlement with the Investor is a significant achievement for our company. As we complete these payments, we'll notably reduce the number of issuable shares of our common stock reflected in our fully diluted capitalization table. The elimination of the Investor's ability to convert the Notes and exercise the outstanding warrants represents a stride in our quest to unlock the market potential inherent in our underlying businesses."
TZOO

Hot Stocks

07:39 EDT Travelzoo announces 1M share repurchase program - Travelzoo announced that its board of directors has authorized the repurchase of up to 1M shares of the company's outstanding common stock.
GE

Hot Stocks

07:39 EDT General Electric sees 'similar' losses for offshore wind in 2024 vs. 2023
TENK CTXR

Hot Stocks

07:39 EDT Citius executes definitive agreement to merge subsidiary with TenX Keane - Citius Pharmaceuticals (CTXR) and TenX Keane Acquisition (TENKU)announced that they have entered into a definitive agreement, dated October 23, 2023, for a proposed merger of TenX and Citius Pharma's wholly owned oncology subsidiary that will continue as a public company listed on the Nasdaq exchange. The newly combined public company will be named Citius Oncology. Upon closing, pursuant to the terms of the merger agreement, Citius Pharma would receive 67.5 million shares in Citius Oncology at $10 per share and retain majority ownership of approximately 90%. The transaction has been approved by the Board of Directors of both companies and is expected to close in the first half of 2024. Pursuant to the proposed agreement, TenX will acquire Citius Pharma's wholly owned subsidiary via a merger, with the newly combined publicly traded company to be named Citius Oncology, Inc. In the transaction, all shares of Citius Pharma's wholly owned subsidiary would be converted into the right to receive common stock of Citius Oncology. As a result, upon closing, Citius Pharma would receive 67.5 million shares of common stock of Citius Oncology which, at an implied value of $10.00 per share, would be $675 million in equity of Citius Oncology, before fees and expenses. As part of the transaction, Citius Pharma will contribute $10 million in cash to Citius Oncology. An additional 12.75 million existing options will be assumed by Citius Oncology. At closing, any cash remaining in TenX's trust account along with the cash provided by Citius Pharma will be contributed to Citius Oncology to support ongoing operations and planned commercialization efforts. Upon closing, Citius Oncology will operate under a shared services agreement with Citius Pharma, with fees payable quarterly to Citius Pharma, for the services of several key members of the Citius Pharma team, led by Leonard Mazur, Chief Executive Officer, Jaime Bartushak, Chief Financial Officer and Dr. Myron Czuczman, Chief Medical Officer. Myron Holubiak will serve as Executive Vice Chairman of the Citius Oncology Board of Directors. The proposed business combination is expected to be completed in the first half of 2024.
ACHFF

Hot Stocks

07:38 EDT Arch Biopartners arranges share for debt transaction to settle interest - Arch Biopartners announced the Company has arranged a shares for debt transaction to settle an aggregate of $172,500 in interest accrued up to September 30, 2023 on all five of the deferred convertible notes outstanding and disclosed in the Company's financial statements.The shares for debt settlement is pending final approval from the TSX Venture Exchange which will be followed by the Company issuing 156,818 common shares at a deemed price of $1.10 to the holder of the Notes and who is an arms-length party to the Company. The terms of the Notes require the issuance of common shares to settle interest owing by the Company and subject to TSXV approval pursuant to TSXV Policy 4.3 - Shares for Debt. The Settlement Shares will be issued subject to prospectus exemptions available pursuant to Canadian securities law and will be subject to a four month hold period which will expire February 24, 2024. The details of the Notes can be found in note 7 of the Company's 2023 Q3 interim financial statements. The aggregate total notional value of the Notes is $3.1M CAD and the Notes are convertible into common shares only at maturity. The maturities of the specific Notes disclosed as notes A, B and D in note 7 have been extended from September 30, 2023 to September 30, 2024. The maturity of Note C has been extended from January 24, 2024 to September 30, 2024. The maturity of Note E remains February 1, 2025.
HYZN

Hot Stocks

07:38 EDT Hyzon Motors appoints Stephen Weiland as CFO - Hyzon Motors appointed Stephen Weiland as CFO of the company, effective November 1. Weiland most recently served as CFO for Boom Supersonic where he was responsible for the supersonic aircraft manufacturer's financial and information technology functions. Prior to his role at Boom, Weiland worked at Caterpillar as a Division CFO for manufacturing and engineering, digital, and procurement divisions. Jiajia Wu, the company's interim CFO since April 2023, will transition to the role of Senior VP, Finance and Accounting.
GE

Hot Stocks

07:38 EDT GE sees 'substantially improved' cash performance for offshore next year
MNMD

Hot Stocks

07:37 EDT Mind Medicine completes enrollment in Phase 2a study to treat adults with ADHD - Mind Medicine announced that it has completed enrollment of Study MMED007, the Company's Phase 2a study evaluating repeated low-dose administration of MM-120 or lysergide D-tartrate, for the treatment of adults with ADHD. "We are pleased to announce the completion of enrollment of our Phase 2a study in adults with ADHD," said Robert Barrow, Chief Executive Officer and Director of MindMed. "This proof-of-concept trial is designed to evaluate the clinical effects of a sub-perceptual dose of MM-120 administered in a repeated fashion. The study's results will inform our ongoing work to establish new clinical paradigms for this promising drug candidate. We anticipate sharing topline data by the end of the first quarter of 2024." MMED007 is a multi-center, randomized, double-blind, placebo-controlled Phase 2a study of MM-120 compared with a placebo administered orally twice weekly for 6 weeks in adults between the ages of 18 and 65 with ADHD. The primary endpoint in this study is mean change from Baseline in ADHD symptoms, as assessed by the Adult ADHD Investigator Symptom Rating Scale AISRS after 6 weeks of treatment. Key secondary objectives, measured up to 10 weeks after the initial dose, include assessments of ADHD symptom severity, as well as safety and tolerability.
HTZ CARR

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07:36 EDT Hertz names Justin Keppy as COO, effective November 15 - Hertz (HTZ) announced that Justin Keppy will join the company as Executive Vice President and COO, effective November 15, 2023. In this role, Keppy will be responsible for running the day-to-day operations of the company's global business. Keppy joins Hertz from Carrier Corporation (CARR) where he most recently served as President, North America Residential & Light Commercial HVAC. He took the helm of Carrier's largest business at the onset of the pandemic and led the organization through one of its most complex periods. Under his leadership, the division won share and drove exceptional topline growth while significantly increasing profitability.
NEP

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07:36 EDT NextEra Energy Partners still sees 5%-8% growth per year in distributions
GE

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07:36 EDT GE navigating a still challenging supply chain environment, says CEO
PYR

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07:36 EDT PyroGenesis announces $360,000 initial contract for PACWAD system - PyroGenesis Canada announced the receipt of an initial contract valued at 250,000 EUR from a European engineering services firm undertaking the discovery and safe destruction of chemical warfare agents with the European Union. The contract includes a 45% upfront payment of the total contract value, or 112,500 EUR , which has already been received. Under this agreement, as part of a potential three-phase project PyroGenesis will first provide a lab-scale size plasma arc chemical warfare agent destruction system as part of a multi-partner project aimed at identifying, extracting, and disposing of chemical munitions and chemical warfare agents residing in active marine passageways and corridors. The second phase will consist of testing the system to validate its efficiency, performance and capacity. The eventual goal is to develop a full-scale system once results from the lab-scale system are reviewed.
GM

Hot Stocks

07:35 EDT GM CEO: Current offer to UAW 'the most significant' GM has proposed - Regarding the ongoing strikes at some of GM's U.S. facilities, CEO Mary Barra said: It's been clear coming out of COVID that wages and benefits across the U.S. economy would need to increase because of inflation and other factors. The current offer is the most significant that GM has ever proposed to the UAW, and the majority of our workforce will make $40.39 per hour, or roughly $84,000 a year by the end of this agreement's term. Since negotiations started this summer, we've been available to bargain 24/7 on behalf of our represented team members and our company. They've demanded a record contract - and that's exactly what we've offered for weeks now: a historic contract with record wage increases, record job security and world-class healthcare. It's an offer that rewards our team members but does not put our company and their jobs at risk. Accepting unsustainably high costs would put our future and GM team member jobs at risk, and jeopardizing our future is something I will not do."
SABS

Hot Stocks

07:34 EDT SAB Biotherapeutics appoints King Jr. as Chief Financial Officer - SAB Biotherapeutics announced that Michael King Jr. has been named Chief Financial Officer. King, who starts his new role on Oct. 30, replaces Russell Beyer, who is expected to step down on Nov. 15 and remain a senior advisor with the company through the end of the year. King's record of achievement includes successful engagements with Hambrecht & Quist, Alex Brown & Sons, Robertson Stephens, Vector Securities, and more
GM

Hot Stocks

07:34 EDT General Motors was profitable in every region, including China, in Q3, says CEO - CEO Mary Barra told shareholders in a letter that GM was profitable in every region in Q3, including China. Barra says GM International excluding China is on track to deliver significantly higher EBIT-adjusted in 2023 compared to a year ago. Barra said the company is reducing fixed costs by $2B net of depreciation and amortization as we exit 2024. "We are also moderating the acceleration of EV production in North America to protect our pricing, adjust to slower near-term growth in demand, and implement engineering efficiency and other improvements that will make our vehicles less expensive to produce, and more profitable." Barra says GM has "work to do" to achieve low to mid-single-digit EBIT EV margin targets in 2025, and grow our revenue and sustain strong 8%-10% EBIT margins in North America.
BABYF

Hot Stocks

07:33 EDT Else Nutrition's Kids Shakes to list in Canadian grocery store chain - ELSE NUTRITION announces that its Ready-To-Drink Kids' Nutritional Shakes will be the first of its kind to hit the shelves of over 100 stores in November this year, in one of Canada's grocery chain stores in Ontario. This listing, in addition to all other Else products already listed with the chain, marks a significant stride in Else's Canadian market penetration strategy, providing a groundbreaking, tasteful, whole food based and lower sugar alternative in the kids' nutrition category.
GE

Hot Stocks

07:33 EDT General Electric CEO: Commercial engine deliveries up 30% YTD - Comments taken from Q3 earnings conference call.
PRME

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07:33 EDT Prime Medicine presents first in vivo proof-of-concept prime editing data - Prime Medicine reported new preclinical data demonstrating the ability of Prime Editors to efficiently and precisely correct the predominant mutations that cause rhodopsin associated autosomal dominant retinitis pigmentosa. The data were presented today at the International Symposium on Retinal Degeneration 2023 Congress in Costa del Sol, Spain. "The data presented today are the first proof-of-concept data for Prime Editing's application in treating ophthalmological indications, and highlight the ability of Prime's novel, dual AAV delivery platform to efficiently deliver Prime Editors to the eye," said Jeremy Duffield, M.D., Ph.D., Chief Scientific Officer of Prime Medicine. "Specifically, today's data highlight the ability of two Prime Editors to correct the predominant mutations causing RHO adRP - one to correct p.P23H, the most common disease-causing mutation in RHO in the U.S., and one to correct 18 different mutations at a mutational hotspot in RHO, including p.V345L and p.P347L, which are the most prevalent mutations in Europe. With no detected off-target edits in human photoreceptors and no AAV integrations observed in these studies, today's results are a positive step forward for those living with RHO adRP, for whom there are currently no approved treatment options." To address the predominant mutations causing RHO adRP, Prime Medicine conducted comprehensive high-throughput screening of more than 1,000 Prime Editor guide RNAs. Two potent Prime Editors were identified - one that precisely corrected RHO p.P23H located near the N-terminus of rhodopsin, and one that precisely corrected the mutational hotspot located near the C-terminus, which includes 18 pathogenic mutations including RHO p.V345L and p.P347L. In today's presentation at RD2023, Prime Medicine shared findings from in vivo studies in humanized mice with its Prime Editors targeting these prevalent RHO mutations. Key findings from these studies showed: Up to 70% precise correction in photoreceptors at RHO p.P23H and up to 65% at RHO p.V345L or p.P347L at a mutational hotspot using Prime Editors delivered by a dual AAV system via subretinal injection with less than 0.5% on-target unintended edits detected. Efficient delivery of Prime Editors by dual AAV to human and murine photoreceptors. RHO correction well tolerated with no detectable changes in retinal thickness or glial fibrillary acidic protein gene expression. No measurable integration of the AAV vector at the edit site, as measured by one-sided polymerase chain reaction. No detectable off-target edits observed in human photoreceptors following a genome-wide off-target screening analysis.
VVOS

Hot Stocks

07:32 EDT Vivos Therapeutics signs distribution agreement with Lincare - Vivos Therapeutics has signed a U.S. nationwide distribution agreement with Lincare, a leading supplier of in-home respiratory therapy products and services for approximately 1.8 million patients. The agreement follows the conclusion of a distribution pilot with Lincare, and marks an important milestone in Vivos' strategy to engage with leading durable medical equipment companies in the United States. Vivos has agreed that Lincare will have a six-month exclusivity to distribute certain designated Vivos devices.
GM

Hot Stocks

07:31 EDT General Motors 'on track' for net $2B fixed cost reduction program by 2024
MRNA

Hot Stocks

07:31 EDT Moderna doses first participant in Phase 3 study of mRNA-1083 - Moderna announced that the first participant has been dosed in a Phase 3 study of the Company's combination vaccine candidate against influenza and COVID-19 in the U.S. The trial is expected to enroll approximately 8,000 adults in the Northern Hemisphere. The Phase 3 study will evaluate the immunogenicity, safety, and reactogenicity of mRNA-1083 as compared with active control, co-administered licensed influenza and SAR-CoV-2 vaccines in two independent age-group sub-study cohorts involving 4,000 adults 65 years and older and 4,000 adults 50 to less than65 years of age. The mRNA-1083 candidate selected to advance to Phase 3 achieved hemagglutination inhibition antibody titers similar to or greater than both licensed quadrivalent influenza vaccines and achieved SARS-CoV-2 neutralizing antibody titers similar to the Spikevax bivalent booster in the Phase 1/2 study. mRNA-1083 has the potential to efficiently reduce the overall burden of acute viral respiratory diseases by providing simultaneous protection against influenza and SARS-CoV-2 viruses in a single injection. mRNA-1083 offers greater convenience and has the potential to lead to increased compliance with vaccine recommendations. This approach could benefit public health by synergistically increasing coverage rates against influenza and SARS-CoV-2 viruses. The Company continues to target a potential initial regulatory approval for the combination vaccine in 2025.
GM

Hot Stocks

07:31 EDT General Motors targeting low to mid single digit EBIT EV margin in 2024 - GM says it expects to have annual EV capacity of 1 million units in North America exiting 2025.
GM

Hot Stocks

07:30 EDT General Motors reports Q3 EBIT-adjusted $3.6B, adjusted auto FCF $4.9B - GM says in slides that will be presented on the Q3 earnings conference call that the Ohio JV Cell plant reached 75% production capacity in Q3 and is expected to reach full capacity by the end of the year. EV sales were up 28% in Q3 vs. Q2.
MRNA

Hot Stocks

07:30 EDT Moderna announces first participant dosed in Phase 3 flu/COVID combo vax study - Moderna announced that the first participant has been dosed in a Phase 3 study of the company's combination vaccine candidate against influenza and COVID-19 in the U.S. The trial is expected to enroll approximately 8,000 adults in the Northern Hemisphere. The Phase 3 study will evaluate the immunogenicity, safety, and reactogenicity of mRNA-1083 as compared with active control, co-administered licensed influenza and SAR-CoV-2 vaccines in two independent age-group sub-study cohorts involving 4,000 adults 65 years and older and 4,000 adults 50 to less than 65 years of age. "The mRNA-1083 candidate selected to advance to Phase 3 achieved hemagglutination inhibition antibody titers similar to or greater than both licensed quadrivalent influenza vaccines and achieved SARS-CoV-2 neutralizing antibody titers similar to the Spikevax bivalent booster in the Phase 1/2 study. mRNA-1083 has the potential to efficiently reduce the overall burden of acute viral respiratory diseases by providing simultaneous protection against influenza and SARS-CoV-2 viruses in a single injection. mRNA-1083 offers greater convenience and has the potential to lead to increased compliance with vaccine recommendations. This approach could benefit public health by synergistically increasing coverage rates against influenza and SARS-CoV-2 viruses. The company continues to target a potential initial regulatory approval for the combination vaccine in 2025," Moderna stated.
IMTX

Hot Stocks

07:27 EDT Immatics receives FDA RMAT designation for IMA203 TCR-T monotherapy - Immatics announced that its IMA203 TCR-T program has received Regenerative Medicine Advanced Therapy designation from the FDA Center for Biologics Evaluation and Research in multiple relapsed and/or refractory HLA-A*02:01-positive and PRAME-expressing cancers, including cutaneous melanoma, uveal melanoma, endometrial carcinoma, synovial sarcoma, and ovarian cancer. IMA203 is a TCR-T cell therapy targeting PRAME, a protein frequently expressed in a large variety of solid tumors.
ORTX

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07:25 EDT Orchard Therapeutics announces multiple presentations at ESGCT 2023 - Orchard Therapeutics announced eight presentations from across its hematopoietic stem cell, HSC, gene therapy platform will be featured at the European Society of Gene and Cell Therapy, ESGCT, 30th Annual Congress taking place October 24-27, 2023, in Brussels. Featured presentations include a range of interim clinical outcomes in addition to the neurological and skeletal results previously reported from the company's proof-of-concept study of OTL-203 in the Hurler subtype of mucopolysaccharidosis type I, as well as well as a first look at pre-clinical data demonstrating the use of vectorized HSCs as a delivery vehicle for monoclonal antibodies. In addition, several abstracts from the company's pre-clinical research programs demonstrate the therapeutic potential of HSC gene therapy to address larger indications, including a genetic sub-type of frontotemporal dementia and Crohn's disease, as well as chronic autoimmune disorders. "Together with our clinical collaborators, we're proud of our significant presence at ESGCT which continues to underscore the transformative impact and broad applicability of our HSC gene therapy platform," said Fulvio Mavilio, Ph.D., chief scientific officer of Orchard Therapeutics. "Collectively, these data demonstrate the potential of our approach to correct the underlying genetic defects responsible for several difficult-to-treat diseases, furthering our efforts toward unlocking the full promise of our portfolio."
TLRY

Hot Stocks

07:24 EDT Tilray's SweetWater Brewing announces fall craft beer lineup - SweetWater Brewing Company unveiled its highly anticipated fall lineup of craft brews and the release of the new limited series Brewer's Batch Golden Ale and Brewer's Batch IPA, as well as the return of its popular Georgia Brown Ale, Mosaic Single Hop Hazy IPA, and Fresh Sticky Nugs Hazy Double IPA.
THTX

Hot Stocks

07:23 EDT Theratechnologies announces operational update - Theratechnologies announced further changes to its operations that will see a tapering of R&D activities, which necessitates a reduction of up to 25 positions. The Company expects to realize recurring yearly savings of approximately US$3.5 million resulting from this reorganization and will record a restructuring charge of approximately US$1.5 million in its fourth quarter of 2023. "The decision announced today was difficult to make, but it is aligned with our goal to build a profitable organization and deliver returns to our shareholders," said Paul Levesque, President and Chief Executive Officer, Theratechnologies. "We sincerely appreciate the contributions of those impacted, which indeed were instrumental in making Theratechnologies a better organization." The Company is committed to delivering on Part 3 of the Phase 1 clinical trial in advanced ovarian cancer for sudocetaxel zendusortide.
SPRC

Hot Stocks

07:22 EDT SciSparc granted patent for its core technology from Australian patent office - SciSparc announced that it received a notice of acceptance for its patent application for the Combinations of Cannabinoids and N-Acylethanolamines. The Patent aligns seamlessly with the Company's core technologies design to enhance cannabinoids' safety by using low dosages of active components while maintaining their therapeutic benefits. The Patent was granted by IP Australia, the government agency in Australia that administers intellectual property rights and legislation for patents. This Patent adds to the collection of patents previously granted in Europe, the United States and Japan, supporting the innovation of SciSparc's technologies. The invention relates to compositions and methods for potentiating therapeutic effects and/or reducing the side-effects of selected cannabinoids initially discovered in the cannabis plant. The Patent received protection on account of pharmaceutical compositions consisting of cannabinoids and N-acylethanolamines, and methods for their use in preventing and treating a variety of cannabinoid-treated conditions of such pharmaceutical compositions.
XPO

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07:21 EDT XPO, Inc launches in-house, over-the-road operation to improve linehaul network - XPO is launching an in-house, over-the-road operation staffed exclusively by team drivers. The Road Flex program is part of the company's previously announced strategy to insource third-party linehaul carrier miles to drive greater efficiency, expected cost savings and better service for customers. The Road Flex program is already underway with sleeper team runs from bases in Dallas, Texas and Phoenix, Arizona. The company expects to expand this operation to a carefully selected group of additional service centers in 2024. Tim Staroba, president of the East Division at XPO, said, "The launch of the Road Flex operation is a key step in accelerating our plan to insource third-party linehaul miles and create greater efficiency in our network. It'll enable us both to reduce costs and improve service for our customers by minimizing freight re-handling and expediting deliveries. We look forward to the growth of this new program and the great team drivers who will be joining XPO to support it."
NETI

Hot Stocks

07:20 EDT Eneti signs installation contract for wind turbine installation - Eneti announced that Seajacks UK, a wholly-owned subsidiary of the company and a provider of installation and maintenance vessels to the offshore wind sector, has signed a contract with an undisclosed client to transport and install turbines. With mobilization commencing in Q2 of 2027, the contract will be performed by one of the company's two NG16000X Wind Turbine Installation Vessels currently under construction at Hanwha Ocean in South Korea. Inclusive of mobilization and demobilization, the engagement is expected to be between 180 and 210 days and generate approximately $73M-$84M of gross revenue. Project costs are expected to be $8M in aggregate.
GMED

Hot Stocks

07:18 EDT Globus Medical presents five-year outcomes from Simplify Cervical Disc study - Globus Medical presented five-year outcomes from the NuVasive Simplify Cervical Disc study at the North American Spine Society, NASS, 38th Annual Meeting. The study demonstrates positive, long-term clinical outcomes, a high rate of overall composite success at 60 months, and statistical superiority to anterior cervical discectomy fusion, ACDF, procedural outcomes. "Having clinically backed, long-term data for the Simplify Cervical Disc validates the promising clinical data we saw Simplify having at the two-year mark," said Kyle Malone, senior vice president, Scientific Affairs of Globus Medical. "We will continue to innovate within the cervical spine segment providing industry-leading, procedural solutions clinically designed to deliver better outcomes for patients." The five-year Simplify Cervical Disc study found: Simplify Cervical Disc was statistically superior to the ACDF control in terms of overall composite success at five years, Statistically significant postoperative improvements in neck disability index and visual analog scale found at two years were maintained through five years, with the Simplify Cervical Disc group having significantly lower NDI and VAS scores at five years when compared to the ACDF control, Average disc height and flexion/extension range of motion increased postoperatively in the Simplify Disc group and remained above preoperative levels throughout follow-up, and No device failures were reported in the Simplify Disc group.
BCLI

Hot Stocks

07:18 EDT BrainStorm launches strategic realignment prioritizing NurOwn in ALS - BrainStorm announced a strategic realignment to enable accelerated development of NurOwn for the treatment of amyotrophic lateral sclerosis, or ALS. This realignment is designed to 1) support the company plans to conduct a Phase 3b U.S. clinical trial for NurOwn in ALS with an open-label extension and 2) continue to publish data from NurOwn's Phase 3 clinical trial on: biomarkers, long-term safety and survival, and the Expanded Access Program, providing transparency around NurOwn data and progressing ALS drug development. BrainStorm is consulting with the NurOwn Principal Investigators, who are most familiar with NurOwn, an additional panel of independent ALS experts, and a patient advisory group. To fund the Phase 3b study and ALS priorities, BrainStorm is actively exploring various options to raise capital. The company will reduce and refocus resources by streamlining clean room operations and undertaking a targeted reduction in headcount of approximately 30%. The strategic realignment will cut total resource consumption by approximately half. Kirk Taylor, EVP and Chief Medical Officer, will be stepping down from his post, which largely focused on leading global medical affairs and broader launch activities. Certain other positions that are outside the current prioritized scope will be eliminated.
AZN

Hot Stocks

07:17 EDT AstraZeneca sBLA for Flumist Quadrivalent accepted for review by FDA - AstraZeneca's supplemental biologics license application, or sBLA, for the approval of a self- or caregiver-administered option for Flumist Quadrivalent, a needle-free nasal spray, has been accepted for review by the FDA. If approved, Flumist Quadrivalent will be the first flu vaccine available to be self-administered by eligible patients or administered by caregivers, adding an additional option to be vaccinated against influenza. The sBLA is supported by a usability study which confirmed that individuals over 18 years of age could self-administer or administer Flumist Quadrivalent to eligible patients 2-49 years of age when given instructions for use without any additional guidance. Flumist Quadrivalent, which is sprayed into the nose, has extensive data demonstrating comparable effectiveness and acceptable safety relative to other flu vaccines. The Prescription Drug User Fee Act date is expected during the first quarter of 2024. If approved at that time, Flumist Quadrivalent is anticipated to be available for self-administration in the US for the 2024/2025 flu season.
AXSM

Hot Stocks

07:17 EDT Axsome Therapeutics presents results of the ACCORD trial of AXS-05 - Axsome Therapeutics announced a presentation of data from its ACCORD Phase 3 clinical trial of AXS-05, a novel, oral NMDA receptor antagonist and sigma-1 receptor agonist, in patients with Alzheimer's disease agitation, at the 16th Clinical Trials on Alzheimer's Disease (CTAD) Conference, being held in Boston from Oct. 24-27. "Agitation associated with Alzheimer's dementia is a common and impactful behavioral symptom causing significant distress for patients and their care partners," said George Grossberg, MD, study author, Professor and Director of the Division of Geriatric Psychiatry at the Saint Louis University School of Medicine. "Agitation is also a significant risk factor for early admission to long term care facilities. The outcome of the ACCORD trial with AXS-05 demonstrating positive efficacy results in agitation associated with Alzheimer's dementia, while being generally well-tolerated, is welcome news." Results of the trial demonstrated rapid and sustained clinical response in patients with ADA during the open-label AXS-05 treatment phase. During the placebo-controlled randomized withdrawal phase, AXS-05 statistically significantly delayed the time to relapse of agitation symptoms as compared to placebo. AXS-05 was generally well-tolerated in the trial with no new safety signals identified.
SPIR

Hot Stocks

07:16 EDT Spire Global awarded a subcontract by Riverside Research - Spire Global announced it was awarded a subcontract by Riverside Research, an advanced research nonprofit, to provide star tracker imagery as part of the Data Exploitation and Enhanced Processing for Space Domain Awareness project on behalf of the United States Space Force. The DEEP-SDA project aims to address the critical issue of space domain awareness by harnessing the power of existing star trackers and data to develop a software tool to enable the USSF to characterize and detect objects in low Earth orbit. Spire will be the leading provider of star tracker imagery, and all data will be used in direct support of the Joint Task Force-Space Defense Commercial Operations Cell, a specialized Space Force unit that works with commercial space data.
VZ

Hot Stocks

07:15 EDT Verizon reports Q3 wireless postpaid phone net additions of 100,000 - Postpaid phone net additions of 100,000, and retail postpaid net additions of 581,000. Total retail postpaid churn of 1.15 percent, and retail postpaid phone churn of 0.90 percent.
DNA

Hot Stocks

07:14 EDT Ginkgo Bioworks' partnership with Penn State University supported by USDA grant - Ginkgo Bioworks is joining efforts with Penn State University to integrate its biosurveillance capabilities into the university's research of 58 wildlife species for SARS-CoV-2 to monitor potential spillover to humans. The initiative is supported by a cooperative agreement awarded to Penn State from the U.S. Department of Agriculture Animal and Plant Health Inspection Service. In addition to potentially threatening human health, the virus's presence and past cross-species transmission has the potential to threaten certain agricultural species that are vital for the global food supply. The university's research on under-sampled species aims to bridge this surveillance gap by providing data that will allow more accurate and informed interventions to prevent the spread and impact of new SARS-CoV-2 variants. In partnering with Concentric by Ginkgo, the university will gain access to the biosurveillance research and analytics capabilities used by government institutions to help build more stable and robust biosecurity infrastructure.
UAL

Hot Stocks

07:14 EDT United Airlines launches Calibrate Technician Pathway Program - United announced the launch of the Calibrate Technician Pathway Program giving U.S. Army reservists and students from three prominent aviation maintenance schools a direct pathway to lucrative careers as technicians at the airline. In this initial phase of the program, United will establish partnerships with the U.S. Army Reserve in their Aviation Command Unit, National Aviation Academy, Aviation Institute of Maintenance and Pittsburgh Institute of Aeronautics with plans to bring in up to 300 eligible students per year. This new program is in support of the airline's United Next growth plan - where the airline expects to take the delivery of 800 new aircraft between 2023 and 2032. United has already hired more than 3,200 technicians in the last 18 months and plans to hire thousands more by 2026 to support all the new planes entering the fleet.
SNDX

Hot Stocks

07:13 EDT Syndax to submit NDA to FDA for revumenib - Syndax Pharmaceuticals announced that the company will submit a New Drug Application for revumenib in relapsed or refractory KMT2Ar acute leukemia, including acute myeloid leukemia and acute lymphoid leukemia, under the U.S. FDA Real-Time Oncology Review program. Revumenib is the company's highly selective oral menin inhibitor. During the Company's pre-NDA meeting, the FDA indicated that it would review the revumenib NDA submission for adult and pediatric KMT2Ar acute leukemia under the Oncology Center of Excellence RTOR Program. Inclusion in the RTOR program follows the previously announced FDA Breakthrough Therapy Designation for the same indication and recent positive topline data from the AUGMENT-101 pivotal trial in R/R KMT2Ar acute leukemia. Syndax plans to initiate the NDA submission imminently and expects to complete the submission by year-end 2023.
DOW LEG

Hot Stocks

07:12 EDT Dow Inc. CFO Howard Ungerleider to retire, Jeffrey Tate to succeed - Dow Inc. (DOW) announced that CFO Howard Ungerleider has elected to retire from the company to pursue new opportunities following 33 years of service with Dow. The Board of Directors has elected Jeffrey Tate to the role of CFO, effective November 1, 2023. Ungerleider most recently served as president and CFO, having been elected president in March 2018, in preparation for the separation and creation of Dow Inc., and first assuming the role of chief financial officer on October 1, 2014. He will officially retire in January 2024, and will immediately begin working with Tate to ensure a smooth transition of leadership responsibilities. Tate rejoins Dow following his service as executive vice president and CFO of Leggett & Platt (LEG) from September 2019 through June 2023.
VZ

Hot Stocks

07:10 EDT Verizon reports Q3 broadband net additions of 434,000 - Total broadband net additions of 434,000, representing the fourth consecutive quarter that Verizon reported more than 400,000 broadband net additions. Total broadband net additions included 384,000 fixed wireless net additions, an increase of 42,000 fixed wireless net additions from third-quarter 2022. Verizon now has approximately 10.3 million total broadband subscribers, including nearly 2.7 million subscribers on its fixed wireless service.
MIST

Hot Stocks

07:09 EDT Milestone Pharmaceuticals submits NDA to FDA for etripamil - Milestone Pharmaceuticals announced the submission of a New Drug Application to the U.S. FDA for etripamil for the treatment of paroxysmal supraventricular tachycardia. PVST is a condition characterized by an abnormality in the electrical system of the heart causing patients to have unexpected, often severely symptomatic episodes of rapid heart rate. Representing the largest data package ever studied in PSVT, the company believes the clinical trial program demonstrates that etripamil provided superior time to conversion to normal heart rhythm compared to placebo. The primary analysis and supportive assessments from the pivotal RAPID Phase 3 clinical trial were recently published in The Lancet.
AER...

Hot Stocks

07:08 EDT AerCap announces new lease agreement with Turkish Airlines - AerCap Holdings (AER) announced that it has reached agreement with Turkish Airlines for the lease of three new Boeing (BA) 787-9 aircraft and 25 new MAX-8 aircraft, and lease extensions for six used Airbus (EADSY) A330-200 aircraft. The new aircraft are scheduled to begin delivery in 2024 through 2026.
LIAN BMY

Hot Stocks

07:06 EDT LianBio enters pact with Bristol Myers for Mavacamten in China, Asian markets - LianBio (LIAN) announced that the company has entered into an agreement with Bristol Myers Squibb (BMY), whereby BMS has obtained LianBio's exclusive rights to develop and commercialize mavacamten in Mainland China, Hong Kong, Macau, Taiwan, Singapore and Thailand, in conjunction with termination of the exclusive license agreement LianBio previously entered into with MyoKardia, Inc., now a wholly owned subsidiary of BMS, in August 2020 to acquire such rights. Under the terms of the agreement, LianBio will receive a one-time payment of $350M. In addition, LianBio will be released from payment obligations of up to $127.5M in remaining milestone payments under the MyoKardia license agreement. In April 2023, the China National Medical Products Administration accepted with Priority Review a NDA for mavacamten for the treatment of adults with symptomatic obstructive hypertrophic cardiomyopathy. LianBio received approval in Macau and Singapore for mavacamten for the treatment of adults with symptomatic oHCM in 2023.
BMY

Hot Stocks

07:04 EDT Bristol Myers announces FDA Breakthrough Therapy Designation for BMS-986278 - Bristol Myers Squibb announced that the U.S. FDA has granted Breakthrough Therapy Designation for BMS-986278, a potential first-in-class, oral, lysophosphatidic acid receptor 1 antagonist, for the treatment of progressive pulmonary fibrosis, a devastating, life-threatening illness. Currently, there is only one therapy approved for the treatment of PPF.
SMR

Hot Stocks

06:59 EDT Nuscale Power comments on inaccurate short seller report - NuScale Power issued a statement in response to a short-seller report on October 19: "The inaccurate and deceptive "research" is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors - SMRs - and the nuclear power industry. Factually inaccurate statements include and are not limited to NuScale's former CFO's equity holdings and NuScale's sources of income, which are principally revenues from customers. NuScale cautions investors not to rely on this baseless and self-interested attack designed solely to drive down the company's stock price...it is important to set the record straight on the following key points: We know our customers and partners. NuScale has known and worked with Standard Power, ENTRA1 Energy, RoPower and the Utah Associated Municipal Power Systems for years...Contrary to what was reported, Adam Swickle has not worked with Standard Power since May 2020...We are proud that developers and customers are selecting NuScale SMRs as their technology of choice to power their projects and meet their carbon-free energy objectives...We expect NuScale's customer agreements to drive revenue next year...We have a solid balance sheet. NuScale has $197M in total cash and no debt as of September 30, 2023...NuScale has not provided any forecast for the expected value of the agreement with Standard Power and ENTRA1 Energy...The U.S. Department of Energy support for the Carbon-Free Power Project has advanced our SMR technology to the point of commercialization."
MRNA

Hot Stocks

06:54 EDT Moderna, Caris enter multi-year oncology and novel therapeutics agreement - Caris Life Sciences announced a new agreement with Moderna in support of Moderna's oncology and novel therapeutics initiatives. Through this multi-year agreement, Moderna will leverage Caris' vast library of de-identified, multi-modal data solutions derived from whole exome sequencing, whole transcriptome sequencing and protein analyses along with claims data to enhance development strategies for Moderna's oncology pipeline, including facilitation of optimal clinical trial design, discovery of novel biomarkers and characterization of resistance mechanisms.
BWXT

Hot Stocks

06:52 EDT BWX Technologies awarded $300M contract for naval nuclear reactor fuel - BWX Technologies announced the award of a U.S. Naval Nuclear Propulsion Program contract totaling approximately $300M for the manufacture of naval nuclear reactor fuel. Under this contract, BWXT subsidiary Nuclear Fuel Services, Inc., located in Erwin, Tennessee, will manufacture and deliver fuel for the Naval Reactors Program. BWXT fuel and reactors power the U.S. Navy's Ohio, Virginia, Seawolf and Los Angeles class submarines, as well as the Nimitz and Ford class aircraft carriers. BWXT fuel and reactors will also power the Navy's Columbia-class submarines. When production of fuel is complete, it is shipped to BWXT's facility near Lynchburg, Virginia for final installation into the naval reactors that BWXT manufactures. The reactors for submarines being developed and built today are designed to last for the life of the ship, and reactors for aircraft carriers are designed to be refueled only once during the life of the ship.
HAL

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06:47 EDT Halliburton CEO sees continued demand growth for oilfield services in 2024 - "Halliburton delivered an impressive third quarter and our margin strength demonstrated the power of our strategy. I am pleased with the stability of our North America business and the profitability of our International growth," commented Jeff Miller, Chairman, President and CEO. "Everything I see today strengthens my conviction in the long duration of this upcycle. Against this backdrop, we expect continued demand growth for oilfield services in 2024 and beyond. Halliburton delivered strong returns to our shareholders as demonstrated by more than $500 million of Free Cash Flow and repurchases of approximately $200 million of common stock and $150 million of debt during the quarter."
ANNX

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06:43 EDT Annexon's ANX007 granted PRIME designation by EMA for geographic atrophy - Annexon announced that the European Medicines Agency - EMA - has granted Priority Medicine (PRIME) designation to ANX007 for the treatment of geographic atrophy (GA) secondary to age-related macular degeneration (AMD). The EMA granted this designation, which provides enhanced development support for priority medicines that target an unmet need, based on the Phase 2 ARCHER trial data that showed a statistically significant, durable, and dose-dependent preservation of visual function in patients with GA, as well as preclinical data supporting the protective effect of ANX007 against photoreceptor damage. The EMA's PRIME designation provides early and proactive support to developers of promising medicines that may offer a major therapeutic advantage over existing treatments or benefit to patients without treatment options. ANX007 is the first therapeutic candidate to receive PRIME designation for the treatment of GA. Geographic atrophy is an advanced form of dry age-related macular degeneration, an eye disease that is the leading cause of blindness in the elderly.
GM

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06:42 EDT General Motors reports Q3 total vehicle sales 981,000
BJ

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06:40 EDT BJ's Wholesale announces early Black FriYAY event - BJ's Wholesale Club announced its Early Black Friday savings event, slated to run October 26 - November 16, 2023. BJ's members can take advantage of early holiday shopping on toys, tech, TVs and other gifts. Members will also find major savings to get their homes holiday ready.
LLAP LMT

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06:38 EDT Terran Orbital selected by Lockheed Martin to build 36 satellite buses - Lockheed Martin (LMT) has awarded Terran Orbital (LLAP) a contract to build 36 satellite buses for Space Development Agency's Tranche 2 Transport Layer Beta constellation. Terran Orbital will deliver the buses to Lockheed Martin, which will conduct payload integration and jointly operate the satellites with SDA. SDA's T2TL Beta constellation will advance the Proliferated Warfighter Space Architecture's initial warfighting capability with targeted technology enhancements, mission-focused payload configurations, and increased integration. Terran Orbital is currently building 42 buses for Lockheed Martin to help the company fulfill its $700M contract for the SDA's Tranche 1 Transport Layer, currently scheduled for a late 2024 launch. The T2TL Beta satellites are scheduled to be deployed into low Earth orbit during a series of launches starting in 2026.
KALV

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06:36 EDT KalVista presents data on HAE attacks potentially addressed by Sebetralstat - KalVista announced the presentation of a novel analysis characterizing hereditary angioedema - HAE - attacks occurring in patients receiving long-term prophylaxis treatments, or LTP, at the Asia Pacific Association of Allergy, Asthma and Clinical Immunology 2023 International Conference in Singapore. Although LTP yields significant reductions in HAE attack frequency, many patients continue to experience attacks in all anatomic locations, including potentially life-threatening laryngeal attacks. CEO Andrew Crockett said, "Access to safe and effective on-demand therapy is essential for all people living with HAE, including those receiving LTP. Sebetralstat, an oral plasma kallikrein inhibitor in late-stage development for on-demand treatment of HAE attacks, has the potential to address this persisting unmet need."
PHM

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06:35 EDT PulteGroup reports debt-to-capital ratio reduced to 16.5% - Reports net debt-to-capital ratio of 1% including company's cash balance of $1.9B.
PHM

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06:32 EDT PulteGroup reports Q3 new orders up 43% to 7,065 homes with value of $3.8B - Unit backlog totaled 13,547 homes with a value of $8.1B.
CRNT

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06:29 EDT Ceragon Networks to acquire Siku in transaction valued at $13M-$15M - Ceragon Networks announced that it has entered into a definitive agreement to acquire Siklu, a provider of multi-Gigabit "wireless fiber" connectivity in urban, suburban and rural areas, for an enterprise value of $13M-$15M. As consideration to Siklu's shareholders, Ceragon will issue approximately 1.5M ordinary shares. Ceragon is expected to assume financial liabilities of approximately $10M-$12M, of which approximately $2.5M are classified as long-term debt. Ceragon is expected to generate approximately $25M-$29M in incremental 2024 revenue from this acquisition. The acquisition is expected to be accretive to the consolidated gross margins of Ceragon as Siklu's margins are at levels significantly higher than Ceragon's historical margins. Ceragon management expects the combination to improve Siklu's results by leveraging Ceragon's working capital management capabilities, as well as expanded profitability following synergies. Inclusive of these business improvements, management anticipates the transaction to be accretive to non-GAAP earnings by the second half of 2024. As part of this transaction, Ceragon will expand its total loan credit facility by $5M to $77M total, and Siklu's primary lender will join Ceragon's lending consortium. Operating in the millimeter wave bands since 2008, Siklu's wireless solutions have been used by service providers, Private Networks and system integrators for many years for providing Wireless Transport and Access solutions. Siklu has deployed over 300,000 outdoor antenna units to date in over 50 countries. Siklu has been the leader in market share of E-band installations in the US for the last three years. The company has approximately 60 employees globally, including deep technical expertise in radio frequency communications and PtMP technology. Ceragon expects the deal to close by the end of 2023.
IREN

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06:24 EDT Iris Energy partners with WEKA to optimize generative AI workloads - Iris Energy is partnering with WEKA, the data platform software provider for performance-intensive workloads, as part of its entry into the generative AI market. This partnership with WEKA aims to provide innovative storage and data management solutions for generative AI and performance-intensive workloads and enable optimized GPU-stack storage performance within Iris Energy's data centers. As part of the partnership, Iris Energy will utilize the WEKA Data Platform to provide storage and data management solutions for generative AI and performance-intensive workloads.
KMPR

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06:17 EDT Kemper sees 2024 ROE of 10% or greater
KMPR

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06:16 EDT Kemper: Q3 results include adj. net operating loss of ($35M)-($25M) - Kemper said on Monday that results for the third quarter of 2023 include an estimated net loss between ($150M)-($140M) and an estimated adjusted consolidated net operating loss between ($35M)-($25M). Net loss for the third quarter includes an estimated $56M after-tax non-cash charge related to the termination of Kemper's remaining pension plan obligations, which was previously included within accumulated other comprehensive income. The net loss also includes approximately $25M of after-tax net realized losses on investments.
DHR

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06:15 EDT Danaher sees FY23 base business core revenue down slightly - The company said, "For full year 2023, the Company anticipates that non-GAAP base business core revenue from continuing operations will be down slightly year-over-year."
DHR

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06:14 EDT Danaher sees Q4 base business core revenue down mid-single digits - The company said, "For the fourth quarter 2023, the Company anticipates that non-GAAP base business core revenue from continuing operations will be down mid-single digits year-over-year."
ZFOX

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06:13 EDT ZeroFox awarded expanded cybersecurity contract with U.S. federal agency - ZeroFox announced its continued partnership with a strategic U.S. federal agency focused on cybersecurity. This renewal marks the 9th continuous year of ZeroFox supporting critical cyber threat intelligence activities. The partnership originated between the agency and LookingGlass Cyber Solutions, which ZeroFox acquired in April earlier this year. This program supports thousands of users across more than 200 departments and agencies across federal, state, and local governments to provide cyber threat intelligence, attack surface Intelligence, and advanced security operations support.
GE

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06:11 EDT General Electric plans GE Vernova spin-off in 2Q24 - GE announced that it plans to spin off GE Vernova and launch GE Aerospace in the beginning of the second quarter of 2024, subject to final approval from the GE Board of Directors and other customary conditions. Following completion of the planned spin-off, shares of GE Vernova will be listed on the New York Stock Exchange under the ticker symbol "GEV," and GE Aerospace will continue GE's listing on the New York Stock Exchange under the ticker symbol "GE." By listing on the New York Stock Exchange, GE Vernova and GE Aerospace will benefit from the exchange's associations with iconic, leading businesses with established track records of success, particularly in sectors associated with the energy transition and aerospace & defense.
SPOT

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06:08 EDT Spotify sees Q4 revenue EUR 3.7B - Assumes approximately 300 bps headwind to growth Y/Y due to foreign exchange rate movements. Sees Q4 total MAUs 601M; total premium subscribers 235M; gross margin 26.65; operating income EUR 37M.
AZN

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06:08 EDT AstraZeneca says FDA accepts sBLA for self-administration FluMist Quadrivalent - AstraZeneca's Supplemental Biologics License Application, or sBLA, for the approval of a self- or caregiver-administered option for FluMist Quadrivalent, a needle-free nasal spray, has been accepted for review by the U.S. Food and Drug Administration, the company announced. "If approved, FluMist will be the first flu vaccine available to be self-administered by eligible patients or administered by caregivers, adding an additional option to be vaccinated against influenza," the company said.
GE

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06:06 EDT GE sees GE Aerospace, GE Vernova launching in 2Q24
SPOT

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06:06 EDT Spotify reports Q3 MAUs up 26% y/y to 574M - 2M above guidance. Net additions of 23M represented our second largest Q3 net addition performance in the company's history. Premium Subscribers grew 16% Y/Y to 226M, 2M above guidance.
GE

Hot Stocks

06:03 EDT GE 'well positioned' to launch GE Aerospace, GE Vernova as independent companies