Stockwinners Market Radar for November 13, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

MMI

Hot Stocks

19:59 EST Marcus & Millichap announces strategic partnership with Archer - Marcus & Millichap announced a strategic partnership that includes an equity investment and commercial relationship with Archer, a venture-backed real estate technology company. Richard Matricaria, Marcus & Millichap's chief operating officer, Western Division, stated: "Our relationship with Archer is one of the ways we continue to stay on the leading edge within the proptech space. We value Archer's technology and the strategic benefits they provide our brokers and clients and took the opportunity to expand our partnership with an equity investment."
HEPA

Hot Stocks

19:57 EST Hepion Pharmaceuticals announces reduction in liver stiffness with rencofilstat - Hepion Pharmaceuticals announced additional efficacy data for rencofilstat, its lead drug candidate. Additional rencofilstat efficacy data from Hepion's 'ALTITUDE-NASH' clinical trial was presented earlier this afternoon by Dr. Mayo in a late-breaker poster presentation at the Liver Meeting 2023, hosted by the American Association for the Study of Liver Diseases ("AASLD"). Dr. Mayo's presentation indicated that 17 weeks of rencofilstat treatment was associated with significant reduction in liver stiffness (FibroScan) in MASH subjects with advanced F3, an outcome suggesting reduction in hepatic fibro-inflammation. Ongoing hepatic fibro-inflammation leads to progressive accumulation of collagen or fibrosis, increasing liver stiffness, and functional deterioration. Determination of liver stiffness often utilizes an ultrasound-based imaging technique called vibration-controlled transient elastography ("VCTE") of which FibroScan is the most common platform. Physicians rely on liver stiffness measurements as a diagnostic tool to help determine whether liver health is worsening or improving, as the measurements correlate well with the extent of fibrosis in liver biopsies and are predictive of the course of disease. The predictive power of liver stiffness measurements on the course of disease is further enhanced when taken together with blood-based markers of liver disease. Liver stiffness measurements are expressed in kilopascals (kPa), and Fibroscan scores higher than 12 kPa usually represent advanced forms of fibrosis (F3 or F4 in biopsies). Reduction in liver stiffness by rencofilstat likely indicates reduction in fibroinflammation, and reduction in risk for subsequent clinical outcome.
IPSEY GNFT

Hot Stocks

19:54 EST Ipsen, Genfit announce full results from pivotal Phase III ELATIVE trial - Ipsen (IPSEY) and Genfit (GNFT) announced full results from the pivotal Phase III ELATIVE trial, which are being presented in a late-breaking oral session at the American Association for the Study of Liver Diseases and simultaneously published in New England Journal of Medicine. This trial evaluated the efficacy and safety of investigational elafibranor, an oral, dual PPAR alpha,delta agonist, as a potential novel class of treatment for patients with the rare, autoimmune cholestatic liver disease, Primary Biliary Cholangitis. Results show statistically significant improvements in biomarkers of disease progression across key endpoints with a significant treatment benefit achieved in the primary composite endpoint, demonstrating a 47% placebo-adjusted difference between patients on elafibranor 80mg compared with patients on placebo achieving a biochemical response. In the trial, a biochemical response is defined as alkaline phosphatase less than1.67 x upper limit of normal, an ALP decrease greater than or equal to 15 percent and total bilirubin less than or equal to ULN at 52 weeks. ALP and bilirubin are important predictors of PBC disease progression. Reductions in levels of both can indicate reduced cholestatic injury and improved liver function.
XRTX

Hot Stocks

19:50 EST Xyratex Ltd. trading halted, news pending
PRE

Hot Stocks

19:50 EST Prenetics Global Ltd trading halted, news pending
TIO

Hot Stocks

19:50 EST Tingo Group Inc trading halted, news pending
CPA

Hot Stocks

18:27 EST Copa Holdings reports October traffic up 10.2% vs. October 2022 - For the month of October, Copa Holdings' capacity, or ASMs, increased by 12.0%, while system-wide passenger traffic, or RPMs, increased by 10.2%, compared to 2022. As a result, the system load factor for the month was 87.6%, 1.4% points lower than in October 2022.
STRT

Hot Stocks

18:22 EST Strattec Security announces retirement of CEO Frank Krejci and succession plan - Strattec Security announced that Frank J. Krejci, President and CEO will retire from employment with the Company effective December 31. He will also retire from the Company's Board of Directors on December 31st. Rolando Guillot, Senior Vice President - Operations and COO, has been named to serve as Interim CEO, effective January 1, 2024 in addition to his current role. Guillot joined STRATTEC in 1996 and gained experience in various management roles, primarily in STRATTEC's Mexican subsidiary, until September, 2004 when he was elected Vice President - Mexican Operations. In December 2016 he was elected Senior Vice President - Operations, responsible for all the Company's operations, and was elected to his current position in March. The Company will engage a leading national executive search firm to conduct a formal search to identify a successor to Krejci as soon as possible. The Board of Directors is confident that Guillot has the necessary skills and experience to lead STRATTEC while a select group of independent members of the Board conduct the executive search for a successor CEO.
KBNT

Hot Stocks

18:04 EST Kubient notifies NASDAQ its intention to delist its stock - Kubient it notified The Nasdaq Stock Market on November 7, of its intention to voluntarily delist its common stock and common stock purchase warrants from The Nasdaq Capital Market. As previously disclosed, the Company has received notices from Nasdaq regarding noncompliance with its continued listing requirements. After careful consideration, the Company's Board of Directors unanimously determined that a voluntary delisting of the Company's common stock and warrants from The Nasdaq Capital Market is in the best interest of the Company and its stockholders. In particular, the Board of Directors' decision to delist the Company's securities was based on the conclusion that the significant costs and regulatory compliance burden outweigh the benefits of addressing the noncompliance notices received from Nasdaq in order to remain a Nasdaq-listed company. Trading of the Company's warrants and common stock on the Nasdaq Capital Market will be suspended at the open of business on November 17, 2023. The Company currently intends to file a Form 25 with the SEC on or about November 17, with the delisting of its common stock and warrants taking effect no earlier than ten days thereafter.
CDP JBGS

Hot Stocks

18:02 EST COPT Defense Properties appoints Britt Snider as COO - COPT Defense Properties (CDP) announces the appointment of Britt A. Snider as Executive Vice President and COO, effective December 1. Snider is an established commercial real estate executive with nearly 20 years of experience in development, asset management, property management and leasing, corporate operations, and corporate strategy. Prior to joining COPT Defense, he served as Principal of Redbrick LMD, a diversified real estate investment and development company based in Washington, D.C., where he was a member of the senior leadership team overseeing the company's development, asset management and leasing activities. Prior to Redbrick, Snider served as Senior Vice President at WS Development, a real estate investment and development company based in Chestnut Hill, Massachusetts, where he led the company's mixed-use development initiatives outside of the Boston Seaport. Between 2006 and 2019, Snider served as Executive Vice President, Head of Commercial Asset Management and Principal, Development at JBG Smith (JBGS), a mixed-use investment and development real estate investment trust, where he oversaw the company's office portfolio and development activities.
RBLX

Hot Stocks

18:02 EST Roblox director Kim buys 200,000 class A shares - In a regulatory filing, Roblox director Han Kim disclosed the purchase of 200,000 class A common shares of the company on November 8 at a price of $40.23 per share.
VTLE

Hot Stocks

18:01 EST Vital Energy promotes Katie Hill to COO - Vital Energy announced the promotion of Katie Hill to senior VP and COO, effective November 13. Hill has been with Vital Energy since September 2022 and previously served as VP -Operations.
ASXC FLEX

Hot Stocks

18:00 EST Asensus enters agreement with Flex for Luna Surgical System - Asensus Surgical (ASXC) announced an agreement with diversified manufacturer Flex (FLEX) for design and advanced manufacturing services for Asensus's previously-announced Luna Surgical System, a next-generation surgical robot platform. Flex will provide a range of services across Luna's product lifecycle to enable Asensus Surgical to deliver the platform at scale, faster. These include design for manufacturing services to assess and improve Luna's manufacturability, ensuring a transition from product design to ramp to full-scale manufacturing.
COTY

Hot Stocks

18:00 EST Coty raises share repurchase program by $600M - Coty announced that its Board of Directors has increased its share repurchase program authorization by an additional $600M to a total availability of approximately $1B. In connection with today's announcement, Coty is entering into total return swaps in respect of its Class A Common Stock with several banks to hedge its potential exposure to prevailing stock price trading levels over the applicable hedging periods for a planned share buyback of approximately 25M shares in fiscal 2026. These agreements are in addition to the Company's previously announced hedge transactions for planned buyback of 27M shares in 3Q FY24 and 23 million shares in FY25. Similar to the initial hedge transactions executed in June and December 2022, any total return swap settled in shares would be covered by the Company's share repurchase authorization. The three hedge transactions are part of Coty's target to reduce its diluted share count toward 800M by FY26. Coty anticipates continued strong free cash flow generation and to achieve steady deleveraging with target leverage of approximately 3x exiting CY23, approximately 2.5x exiting CY24 and approximately 2x exiting CY25.
JCI

Hot Stocks

17:55 EST Johnson Controls to delay Q4 earnings report due to cyberattack - Johnson Controls International previously announced that it had experienced disruptions in portions of its internal information technology infrastructure and applications resulting from a cybersecurity incident. The incident was initially detected by the Company during the weekend of September 23, following outages to certain of the Company's systems. Promptly after detecting the issue, the Company implemented its incident management and response plan and business continuity plans, including implementing remediation measures to mitigate the impact of the incident and restore affected systems and functions. ...To date, the Company has largely restored the impacted applications and systems, and continues to execute business continuity and restoration plans for the remaining impacted applications and systems. Based on the information reviewed to date, the Company believes the unauthorized activity has been contained. The Company's investigation and remediation efforts remain ongoing, including the analysis of data accessed, exfiltrated or otherwise impacted during the cybersecurity incident. Based on the information reviewed to date, the Company has not observed evidence of any impact to its digital products, services and solutions, including OpenBlue and Metasys. The cybersecurity incident caused disruptions to portions of the Company's systems that support or provide data used in financial reporting. Even though the functionality of these systems has largely been restored and the associated data has been reconciled and verified, the Company expects that, due to the timing and impact of the incident relative to the Company's September 30, fiscal year-end, the Company will be delayed in reporting its fiscal 2023 fourth quarter and year-end results. The Company currently expects that it will report fiscal fourth quarter and year-end results by December 14 and within the Rule 12b-25 period available to the Company for its Annual Report on Form 10-K for fiscal year 2023. The Company will provide an update via press release on the specific timing of its fiscal fourth quarter and year-end results when it has greater certainty on the timing of the completion of its financial close and reporting process. The Company continues to evaluate the business, financial and related impacts of the cybersecurity incident on its fiscal 2023 fourth quarter and year end results. Reference Link
SSY

Hot Stocks

17:49 EST SunLink Health Systems to sell Trace Regional Medical Center - SunLink Health Systems announced that its subsidiary, Crown Healthcare Investments, has signed an agreement with Progressive Health Group for the sale of the subsidiary that owns and operates Trace Regional Medical Center, which includes a hospital, skilled nursing facility and three patient clinics in Chickasaw County, MS, for approximately $8M. The sale is subject to, among other things, the Buyer's satisfactory completion of its due diligence investigation and a number of customary closing conditions. The company expects to recognize a pre-tax gain of approximately $1.7M on the transaction, which is scheduled to close on December 15. The transaction will therefore be reported in SunLink Health Systems's Q2. The proceeds of the sale of approximately $7.5M after payment of closing costs, will be used for general corporate purposes. As a result of the Company's agreement on November 10, 2023 to sell Trace Regional Medical Center, SunLink Health Systems, Inc. will delay its filing with the SEC of its quarterly report on Form 10-Q for the period ended September 30 which is due by November 14.
FWRD

Hot Stocks

17:48 EST Omni 'categorically denies' claims made in Forward Air's counterclaim - Omni Logistics responded to the press release issued by Forward Air Corporation regarding the companies' previously announced transaction. "Omni categorically denies the claims made in Forward Air's Counterclaim," the company said. "Omni has complied with all the required provisions of the Agreement and Plan of Merger between Omni and Forward Air dated August 10, 2023 (the "Merger Agreement"). Omni has also worked diligently and cooperatively with Forward throughout the merger process to close the deal. Any attempt by Forward Air to suggest otherwise is baseless. Omni believes the Merger Agreement is legally binding and intends to enforce the Merger Agreement and close the transaction as expeditiously as possible. Omni also notes that Forward Air has yet to provide any refutation of the strategic rationale of the planned combination. Every day Forward Air delays in fulfilling its legally binding obligations under the Merger Agreement, it incurs significant costs that are ultimately borne by its shareholders."
CNM

Hot Stocks

17:47 EST Core & Main CFO Witkowski sells $642K in company shares - The CFO of Core & Main Mark Witkowski disclosed the sale of 20,000 shares of company stock at $32.10 per share on November 9 for a total transaction amount of $642,022.
THFF

Hot Stocks

17:18 EST First Financial to acquire SimplyBank for $718.38 per share in cash - First Financial announced the execution of a definitive agreement under which First Financial will acquire SimplyBank. First Financial will pay $718.38 per share in cash for each share of SimplyBank's common stock outstanding. The aggregate value of the transaction is $73.4M. Upon completion of the merger, SimplyBank will merge into First Financial Bank, a wholly owned subsidiary of First Financial. SimplyBank, headquartered in Dayton, Tennessee, has approximately $702M in assets and operates 13 bank branches and one loan production office in Tennessee and Georgia. SimplyBank has 10 branch offices in Tennessee in the communities of Benton, Chattanooga, Cleveland, Dayton, Decatur, Harriman, Rockwood, Soddy-Daisy and Spring City, as well as three branch offices in Georgia in the communities of Flintstone, Ringgold and Rossville. First Financial, headquartered in Terre Haute, Indiana, has assets of approximately $4.8B and operates 70 banking centers in Illinois, Indiana, Kentucky and Tennessee through First Financial Bank. If the proposed merger is completed as expected, it is anticipated that First Financial will have total combined consolidated assets of approximately $5.5B. The transaction is expected to close in the second quarter of 2024 and is subject to customary closing conditions, including, but not limited to, receipt of regulatory and SimplyBank stockholder approvals.
SLF

Hot Stocks

17:10 EST Sun Life Financial increases dividend 3c to 78c - The Board of Directors of Sun Life Financial announced that a dividend of 78c per share on the common shares of the Company has been declared, payable December 29 to shareholders of record at the close of business on November 29. This represents a 3c increase to the amount paid in the previous quarter.
PROK

Hot Stocks

17:03 EST ProKidney reports 'positive' interim data from RMCL-002 Phase 2 trial - ProKidney announced updated positive interim diabetic CKD data from its RMCL-002 Phase 2 study that support the company's evolution into late-stage development and position the company to change the treatment paradigm in high-risk diabetic CKD patients with its REACT renal autologous cell therapy. Updated interim REACT RMCL-002 study data support continued investigation of REACT's potential to benefit patients with moderate and high-risk diabetic CKD. The updated data include information from 83 patients enrolled in the RMCL-002 study. All patients had Stage 3 or 4 CKD caused by type 2 diabetes. The ongoing Phase 2 clinical study assessed adverse events and changes in kidney function as measured by estimated glomerular filtration rate (eGFR), as primary study endpoints. The dataset revealed a safety profile in line with previous Phase 1 & 2 REACT trials, with REACT showing a safety profile similar to that of a kidney biopsy. Overall, the updated Phase 2 trial data showed preservation of kidney function in several patient groups with advanced CKD caused by type 2 diabetes, with the most notable potential benefit shown in patients who had the highest risk of kidney failure (CKD Stage 4 with severe albuminuria), where there remains a significant unmet clinical need. Pablo Legorreta, Chairman of ProKidney's Board of Directors, said "We are excited to report more mature interim data for ProKidney's RMCL-002 Phase 2 study which suggests that REACT(R) was able to preserve kidney function for up to 30 months in a meaningful proportion of the patients treated in the study. When I got involved with ProKidney, I hoped that if REACT could slow the decline of kidney function in a meaningful proportion of patients, it could become an important and differentiated therapy. It is exciting to see that REACT appears to have exceeded my expectations of preservation of kidney function in this population that faces significant unmet medical needs."
FSR

Hot Stocks

16:58 EST Fisker sees FY23 CapEx $225M-$240M - Sees FY23 Research and Development expenses $160M-$190M and Selling, General, and Administrative $180M-$210M.
GD

Hot Stocks

16:53 EST General Dynamics awarded $2.5B IDIQ contract by the Indian Health Service - General Dynamics Information Technology, or GDIT, a business unit of General Dynamics, announced that it was awarded a $2.5B indefinite delivery, indefinite-quantity, or IDIQ, contract by the Indian Health Service, or IHS, to modernize its electronic health record, or EHR, system. The 10-year contract has a five-year base period with five option years. As an agency within the Department of Health and Human Services, IHS provides federal health services to 2.6M American Indians and Alaska Natives belonging to 574 federally recognized tribes in 37 states. Under the contract, GDIT will replace the agency's existing health record and patient system with a new cloud-based enterprise EHR system from Oracle Health. The new EHR will be hosted in a secure Federal Risk and Authorization Management Program high cloud environment, which will scale to meet the future needs of the program. This solution will enable better data access and sharing across geographically dispersed IHS and tribal health facilities nationwide, improving patient experience and quality of care.
IGMS

Hot Stocks

16:52 EST IGM Biosciences sees FY23 operating expenses $275M-$285M - The company said, "The Company expects full year 2023 GAAP operating expenses of $275 million to $285 million, including estimated non-cash stock-based compensation expense of approximately $50 million, and full year collaboration revenue of approximately $2 million related to the Sanofi agreement. The Company expects to end 2023 with more than $325 million in cash and investments, and the Company expects its existing cash and investments and anticipated collaboration payments to fund operations into the second half of 2025."
RPT

Hot Stocks

16:50 EST RPT Realty declares 5.444c special cash dividend - RPT Realty announced that its Board of Trustees declared a special dividend of 5.444c per common share in connection with the previously announced definitive merger agreement entered into by and between the Company and Kimco Realty Corporation and the parties thereto. The special dividend is payable in cash on December 21 to shareholders of record on December 7. As a result of the payment of the special dividend on common shares, the conversion ratio of the Series D convertible preferred shares will be adjusted in accordance with the Company's Articles of Restatement of Declaration of Trust, as amended and supplemented.
THRX

Hot Stocks

16:35 EST Theseus Pharmaceuticals Inc trading resumes
JWEL

Hot Stocks

16:34 EST Jowell Global regains compliance with NASDAQ listing rules - Jowell Global announced that, it has regained compliance with the minimum bid price requirement under the continued listing requirements of the Nasdaq Stock Market. On November 10 the Company received a written notification from Nasdaq's Listing Qualifications Department stating that the closing bid price of the Company's common stock has been $1.00 per share or greater for 10 consecutive trading days, from October 27 to November 9. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550.
COP

Hot Stocks

16:33 EST ConocoPhillips director Leach sells 44,000 common shares - In a regulatory filing, ConocoPhillips director Timothy Leach disclosed the sale of 44,000 common shares of the company on November 9 at a price of $114.6409 per share.
MSTR

Hot Stocks

16:26 EST MicroStrategy director Rickertsen sells 2,000 class A shares - In a regulatory filing, MicroStrategy director Carl Rickertsen disclosed the sale of 2,000 class A common shares of the company on November 9 at a price of $503.98 per share.
FNF FG

Hot Stocks

16:21 EST Fidelity National announces intent to invest $250M in F&G Annuities - Fidelity National Financial (FNF) announced its intent to invest approximately $250M in F&G Annuities & Life (FG). FNF held approximately 85% ownership in F&G as of September 30. F&G will use net proceeds from the investment to support the growth of assets under management, as it capitalizes on opportunities in the market. FNF views this as an attractive investment given F&G's current momentum and performance which has exceeded expectations, while still preserving the Company's excess liquidity as a buffer in response to market headwinds and historical low volumes in the Title business. FNF held $949M in cash and short-term liquid investments at the holding company as of September 30. FNF's Board of Directors has formed a Special Committee comprised of independent members of the Board to begin evaluation and negotiation of terms for the investment. FNF's Special Committee will retain an independent financial advisor, as well as legal counsel. The transaction is expected to close in late 2023 or early 2024, subject to customary closing conditions. The Company does not intend to comment on or disclose further developments regarding the Special Committee's work unless and until it deems further disclosure is appropriate or required.
NUVB

Hot Stocks

16:19 EST Nuvation Bio CFO Fox to step down - Nuvation Bio announced that Jennifer Fox will be stepping down from her role as Chief Financial Officer to pursue a new opportunity. Fox has advised the company that she is seeking later stage development and commercial launch experience as part of her career development and that she is leaving with a high regard for the company, its leadership and its financial state. Fox submitted her resignation on November 9, 2023 with an effective date of November 27, 2023. Members of the executive management team and the company's finance team will assume the duties and responsibilities of the CFO office. "Jen has played an integral role in helping to set the strategic and financial direction for Nuvation Bio, and I want to thank her for her dedication and hard work in moving Nuvation Bio forward," said David Hung, M.D., Founder, President, and Chief Executive Officer of Nuvation Bio. "We owe her a great deal of gratitude for her contributions and wish her all the best in her future endeavors."
AJG

Hot Stocks

16:18 EST Arthur J. Gallagher acquires Edgar Insurance Brokers - Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not disclosed. Edgar Insurance Brokers provides commercial insurance products and services in Australia with a client focus of rural and farm, hospitality, transport and trades. Shannon Edgar and his team will remain in their current location under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia and Asia.
AERT

Hot Stocks

16:18 EST Aeries Technology names Rajeev Nair CFO, Daniel Webb CIO - Aeries Technology announced the appointment of Rajeev Nair to the position of Chief Financial Officer, and Daniel Webb to the position of Chief Investment Officer. "I am thrilled to welcome both Rajeev and Daniel to the Aeries family," said Sudhir Panikassery, Chief Executive Officer and Co-Founder of Aeries. "With track records in a variety of leadership roles, we believe that Rajeev and Daniel's appointments will help us execute our corporate and growth strategy as we help our clients expand their footprints and build on their own success." Nair is a seasoned executive with more than 20 years of experience in Finance and Technology, and is skilled in applying AI towards business strategy and growth. Previously, he served as the Chief Financial Officer of McLaren Technology Acquisition Corp. from 2021 to 2023. Webb comes with over 14 years of experience including 3 years as a founder and CEO of a public company, Worldwide Webb Acquisition Corp., and 11 years in investment banking and private equity.
SKT

Hot Stocks

16:17 EST Tanger Factory announces acquisition of Asheville Outlets in Asheville, NC - Tanger announced that it has acquired its 38th shopping center, Asheville Outlets, as part of the continued execution of the company's external growth strategy. Tanger acquired the center for $70M in an all-cash, off-market transaction, leveraging the company's platform and utilizing its cash holdings and strong balance sheet to create value for all stakeholders. Asheville Outlets is the second fully owned addition to Tanger's outlet portfolio this quarter, following the grand opening of Tanger Outlets Nashville in Tennessee last month.
MTDR

Hot Stocks

16:16 EST Matador reports initial production from 21 Margarita wells - Matador Resources announced initial production results from its 21 Margarita wells that were acquired in connection with the purchase of Advance Energy Partners Holdings, LLC in April 2023. Matador's record production of over 135,000 barrels of oil equivalent per day during the third quarter of 2023 was driven in part by the 21 Margarita wells that were acquired in connection with the purchase of Advance in April 2023. These wells are located in our Ranger asset area in Lea County, New Mexico, and each has a lateral length of 2.25-miles, resulting in approximately 240,000 completed lateral feet, which is the largest single batch development project in Matador's history. These 21 wells were completed and turned to sales beginning in mid-August 2023. Matador reported that the 24-hour initial production test results from the 21 wells averaged approximately 1,600 BOE per day with high oil cuts averaging approximately 84%. These 21 wells were drilled in five different intervals in the Delaware Basin-the Second Bone Spring Carbonate, Second Bone Spring Sand, Third Bone Spring Carbonate, Third Bone Spring Sand and Wolfcamp A.
AZTA

Hot Stocks

16:15 EST Azenta announces actions as part of strategic and governance transformation - Azenta announced a series of actions as part of the Company's ongoing strategic and governance transformation. In support of the Company's transformation strategy and as part of its ongoing board refreshment process, Didier Hirsch and Martin Madaus have been nominated for election to its Board of Directors at the Company's 2024 Annual Meeting of Stockholders. Two of the Board's current independent directors will not be nominated to stand for re-election at the Annual Meeting. Following the Annual Meeting - if the new nominees are elected by stockholders - Azenta's Board will continue to be comprised of ten directors, of which nine will be considered independent and seven will have joined the Board since 2018. The Company has embarked on a significant strategic transformation since 2021, including the continued growth of its life sciences business, the sale of its semiconductor automation business in 2022, the implementation of cost reduction initiatives and meaningful capital return to stockholders. In connection with today's announcements, Politan has withdrawn its notice to nominate candidates for election to the Board at the Annual Meeting.
JBHT

Hot Stocks

16:15 EST J.B. Hunt, BNSF, GMXT to launch new intermodal service - GMXT, BNSF, and J.B. Hunt announced their new intermodal service between Monterrey, Silao-Bajio and Pantaco-Mexico City regions, key markets in Northern and Central Mexico, through the Eagle Pass, Texas border gateway. This new intermodal service, scheduled to begin January 1, 2024, will be one day faster than the existing service from Monterrey to Chicago. It offers customers a reliable and more sustainable transportation option to move goods seamlessly across the border to and from Mexico with coast-to-coast access in the U.S.
ACM

Hot Stocks

16:15 EST Aecom increases share repurchase authorization, quarterly dividend - AECOM announced that its Board of Directors has approved increases to both its share repurchase authorization to $1B and its quarterly dividend program by 22% to $0.22 per share. The increased share repurchase authorization builds on the $1.8 billion of shares repurchased since September 2020, which has reduced shares outstanding by 19%. "As today's announcement demonstrates, we are committed to our returns-focused capital allocation policy, which is focused on high-returning investments in organic growth followed by returning substantially all available cash flow to shareholders through share repurchases and dividends," said Troy Rudd, AECOM's chief executive officer. "Under this policy, we have delivered highly profitable organic revenue growth, built a record design backlog, and returned $2 billion to shareholders since 2020, which has enhanced our total shareholder return. Our competitive advantages, combined with accelerating end market growth and our strong cash flow and balance sheet, underpin our confidence in long-term shareholder value creation."
AZTA

Hot Stocks

16:13 EST Azenta announces agreement with Congo Ministry of Health - Azenta announced that B Medical Systems and The Ministry of Public Health, Hygiene and Prevention of the Democratic Republic of the Congo have entered into a Memorandum of Understanding, or MOU, for B Medical to deliver a complete solution suitable for the storage and transport of vaccines with real-time traceability, as well as the delivery of Toyota vehicles, which have been customized with B Medical cold chain solutions, and other complementary equipment under a new EUR100M National Vaccination Service project in the DRC. More than 50% of the project value is expected to be recognized as B Medical revenue for Azenta. The Ministry is responsible for developing and implementing health policies, plans and strategies in the DRC and has selected B Medical as its cold chain solutions partner in its new National Vaccination Service.
ACTG

Hot Stocks

16:13 EST Acacia Research acquires majority stake in Benchmark Energy, terms not disclosed - Acacia Research announced that it has acquired a majority interest in Benchmark Energy II, LLC. Headquartered in Austin, TX, Benchmark is an independent oil and gas company engaged in the acquisition, production and development of oil and gas assets in mature resource plays in Texas and Oklahoma. Benchmark is run by an experienced management team led by Chief Executive Officer Kirk Goehring, who previously served as Chief Operating Officer of both Benchmark and Jones Energy, Inc. Benchmark's existing assets consist of over 13,000 net acres primarily located in Roberts and Hemphill Counties in Texas, and an interest in over 125 wells, the majority of which are operated.
LICY MC

Hot Stocks

16:12 EST Li-Cycle engages Moelis to evaluate financing, strategic alternatives - Li-Cycle (LICY) announced that Moelis & Company (MC) has been engaged as financial advisor to assist in evaluating financing and strategic alternatives for the Company. There can be no assurance that this evaluation process will result in the Company pursuing or consummating any particular transaction or other strategic outcome. The Company does not intend to comment further on the evaluation process and will make further announcements in accordance with its ongoing disclosure obligations and pursuant to applicable laws and regulations.
SKIN

Hot Stocks

16:10 EST Beauty Health CEO Andrew Stanleick to leave company - The BeautyHealth Company announced that Andrew Stanleick will depart the Company as President & Chief Executive Officer and relinquish his Board seat, effective November 19, 2023. Current BeautyHealth Director Marla Beck will serve as Interim Chief Executive Officer while the Company's Board of Directors completes a formal search for a new CEO. "On behalf of the Board of Directors, I would like to thank Andrew for his leadership and commitment to BeautyHealth. He has been a passionate advocate for the Company, especially adding to its visibility within the broader beauty and aesthetics industries through innovative partnerships and thought leadership. We wish him well in all his future endeavors," said Board Chairman Brent Saunders. Stanleick will serve in an advisory role with the Company through the end of the year.
THRX

Hot Stocks

16:10 EST Theseus exploring strategic alternatives, cuts workforce by 72% - Theseus Pharmaceuticals announced that it is conducting a process exploring strategic alternatives to maximize shareholder value. In conjunction with the strategic process, Theseus implemented a workforce reduction of approximately 72%. This includes Theseus' President of Research and Development, William Shakespeare, Ph.D., who will continue to support the company in a consulting capacity until June 30, 2024. As part of this process, the company plans to consider a wide range of options with a focus on maximizing shareholder value, including potential sale of assets of the company, a sale of the company, a merger or other strategic action. As of September 30, Theseus had cash, cash equivalents, and marketable securities of $225.4M.
CARA

Hot Stocks

16:09 EST Cara closes financing transaction with HealthCare Royalty extending cash runway - "We are pleased to have closed our non-dilutive financing transaction with HealthCare Royalty, which extends our cash runway into 2025," said Christopher Posner, President and Chief Executive Officer of Cara Therapeutics. "This financing will help us reach key clinical catalysts which we believe will validate the potential of our oral difelikefalin pipeline."Posner continued, "We look forward to releasing topline efficacy and safety data from Part A of our KIND 1 atopic dermatitis trial in December. Our other two late-stage clinical programs for the treatment of pruritus associated with advanced chronic kidney disease and notalgia paresthetica are on track for key data readouts in 2024. We will continue to focus on maintaining a strong balance sheet and delivering on our commitments across our wholly owned pipeline."
RBOT

Hot Stocks

16:08 EST Vicarious Surgical sees FY23 cash burn $60M-$65M - Sees FY24 cash burn $40M-$55M.
ICFI

Hot Stocks

16:06 EST ICF International awarded $36M task order by DHS - The U.S. Department of Homeland Security Office of Human Capital recently awarded a new $36M task order to global consulting and technology services provider ICF to modernize the Immigration and Customs Enforcement's (ICE) human resources technology systems. The task order was awarded in Q3 under the Scalable Ways to Implement Flexible Tasks (SWIFT) indefinite-delivery, indefinite-quantity contract, which was awarded to ICF in fall 2022. It has a term of five years, including a one-year base and four one-year option periods.
VKTX

Hot Stocks

16:06 EST Viking Therapeutics to present results from Phase 2b clinical trial of VK2809 - Viking Therapeutics announced the presentation of new results from the ongoing Phase 2b clinical trial of VK2809, the company's novel liver-selective thyroid hormone receptor beta agonist, in patients with biopsy-confirmed non-alcoholic steatohepatitis, or NASH. The latest findings from the VOYAGE study were featured in a late breaking poster presentation at the Liver Meeting 2023, the annual meeting of the American Association for the Study of Liver Diseases (AASLD), which is being held November 10-14, in Boston. As previously reported, the VOYAGE study successfully achieved its primary endpoint, with patients receiving VK2809 experiencing statistically significant reductions in liver fat content from baseline to Week 12 as compared with placebo. Newly reported findings demonstrated robust and comparable liver fat reductions among patients with or without type 2 diabetes, as well as patients with either F2 or F3 fibrosis. These data demonstrate that VK2809's potential therapeutic activity is not meaningfully impacted by the presence of type 2 diabetes or by patients' stage of fibrosis. The data are important as the presence of liver fat and associated lipotoxicity are believed to play a contributing role in the onset and progression of NASH.
ATSG BA

Hot Stocks

16:03 EST Air Transport Services delivers Boeing 767-300BCF to My Freighter Cargo Airlines - Air Transport Services Group (ATSG) announced that its subsidiary Airborne Global Leasing has delivered a newly converted Boeing (BA) 767-300 freighter to new customer My Freighter Cargo Airlines of Tashkent, Uzbekistan under the terms of a multi-year lease. "Through its LeasePlus+ service model, ATSG continues to provide unparalleled capacity opportunities to global air cargo customers," said Paul Chase, chief commercial officer of ATSG. "This delivery to My Freighter expands that reach by building capacity in a region recognized for facilitating trade between Europe and East Asia." My Freighter has provided first-class charter air cargo services in Uzbekistan and Central Asia since 2019.
THRX

Hot Stocks

16:02 EST Theseus Pharmaceuticals Inc trading halted, news pending
GDHG

Hot Stocks

15:11 EST Golden Heaven down 33%, halted after Hindenburg discloses short position - Shares of Golden Heaven Group were down $7.86, or 33%, to $15.89 as of 03:05 PM EST and were halted for volatility after Hindenburg Research disclosed in a tweet that it was short the stock.
DALN

Hot Stocks

15:06 EST DallasNews announces Chris Patheiger chief product, innovation officer - DallasNews announced that Chris Patheiger has been named chief product and innovation officer effective January 2. Patheiger comes to DallasNews from Torstar Corporation, publisher of the Toronto Star, where he spent the last two years as chief product and data officer. Patheiger has over 13 years of senior executive experience leading product, data, technology, and marketing teams to create and commercialize digital products.
SBUX

Hot Stocks

14:59 EST Starbucks unionized baristas plan strike on November 16 - Starbucks Workers United stated in a post to the group's website: "Red Cup Day (November 16th) is Starbucks's biggest sales event of the season - and also one of the most infamously hard, understaffed days for the baristas that work them. Last year, workers went on strike. This year, on the heels of victories won by striking workers across different industries nationwide, Starbucks workers are taking the rebellion to the next level! In addition to our nationwide ULP strike on the 16th, we're also asking customers and allies to lead actions at Starbucks stores in their communities in solidarity with workers rising up for a fairer workplace." Reference Link
LPCN

Hot Stocks

14:47 EST Lipocine releases late breaking presentation on LPCN 1148 Phase 2 results - Lipocine announced that results of its Phase 2 study evaluating LPCN 1148 are being presented at The American Association for the Study of Liver Diseases, or AASLD, The Liver Meeting 2023, taking place in Boston MA. The results are featured in a late-breaking oral presentation and e-poster by Dr. Arun Sanyal, MD, Director, Stravitz-Sanyal Institute for Liver Disease and Metabolic Health, Virginia Commonwealth University, advisor to Lipocine. The Phase 2 proof of concept study is a 52-week ongoing randomized placebo-controlled study in sarcopenic male patients with cirrhosis on the liver transplant waitlist. After week 24, all patients enter a single arm open-label extension, or OLE, stage of the study and receive LPCN 1148. The purposes of the OLE are to evaluate the safety and efficacy of continued exposure with LPCN 1148 in this population, and to increase the number of participants on LPCN 1148 treatment. "We are very pleased to share the data from our successful Phase 2 study of LPCN 1148 with the hepatology community at this year's Liver Meeting. The data show that LPCN 1148 improved multiple additional clinically meaningful and surrogate outcomes, including hepatic encephalopathy. An Open Label Extension is now ongoing, and we look forward to reporting further data in Q1 2024," said Dr. Mahesh Patel, President and CEO of Lipocine.
SQM

Hot Stocks

14:10 EST SQM denies preliminary agreement with Codelco - SQM said in a statement: As of the present date, none of the aforementioned events has transpired, and there the Company has no comments to provide on the matter. The Company also denies the existence of any preliminary agreements, contrary to inaccuracies reported in certain media outlets." Reference Link
MIRM

Hot Stocks

14:02 EST Mirum reports new data from LIVMARLI and volixibat programs presented at meeting - Mirum Pharmaceuticals announced new data from its LIVMARLI and volixibat programs presented at The Liver Meeting, the American Association for the Study of Liver Diseases, or AASLD, annual meeting in Boston, Massachusetts. Data were presented from the Phase 3 MARCH study and MARCH-ON extension evaluating the efficacy and safety of LIVMARLI in patients with progressive familial intrahepatic cholestasis, or PFIC, as well as the Phase 2 OHANA study evaluating the efficacy and safety of volixibat in patients with intrahepatic cholestasis of pregnancy, or ICP. "PFIC is a chronic, debilitating cholestatic liver disease characterized by elevated bile acids and pruritus so severe that patients can be listed for liver transplant even in the absence of disease progression. We are excited to share the long-term benefits observed across multiple measures including reductions in pruritus, serum bile acids, improved liver health and growth for patients with PFIC treated with maralixibat in multiple genetic types which have not previously been reported," said Pam Vig, PhD, head of research and development at Mirum. "We are also pleased to share the findings from the OHANA study of volixibat in patients with ICP, showing a clear impact of volixibat on serum bile acids and pruritus in this cholestatic setting."
RACE

Hot Stocks

13:47 EST Ferrari announces 250 new hires planned in first six months of 2024 - Ferrari announces plans for 250 new hires in the first six months of 2024, half of which should be confirmed in January, and will also launch a series of initiatives to provide even greater support for its people. "A broad-based share ownership plan, a new agreement for the Competitiveness Award signed with the FIM, UILM and FISMIC trade unions, and an expansion of the welfare program are the projects set out today by the company, with the aim of promoting a culture of collective responsibility and increasing engagement in company life," the company stated. Benedetto Vigna, CEO of Ferrari, added: "Ferrari is made of people, who have been, are and will be at the core of our attention. These initiatives demonstrate our desire to foster the sense of belonging that makes us unique, and underline how we continuously strive for excellence."
TSLA

Hot Stocks

12:51 EST U.K.'s EG Group to acquire ultra-fast EV chargers from Tesla - U.K. gas station company EG Group said in a post on X, formerly Twitter, that it is "enhancing" its EV Point network with the acquisition of Tesla's ultra-fast chargers, expanding U.K. and Europe coverage. Reference Link
GDHG

Hot Stocks

12:23 EST Golden Heaven Group Holdings Ltd trading resumes
GDHG

Hot Stocks

12:13 EST Golden Heaven Group Holdings Ltd trading halted, volatility trading pause
MCOM

Hot Stocks

12:02 EST Micromobility.com reports approval for reverse split, expansion of share capital - Micromobility.com announced that shareholders authorized a reverse stock split of the company's issued and outstanding common stock. Upon authorization of the reverse stock split proposal the board of the company's approval for a one-for-one-hundred-fifty reverse split of the company's issued and outstanding shares of common stock became effective which is approved to occur on December 4, 2023, or soon thereafter. This strategic move is designed to optimize the company's capital structure and position it for future growth. Concurrently stockholders authorized an increase in the number of the company's authorized from four hundred million to one billion effective immediately. This substantial expansion of share capital underlines the company's commitment to scaling operations and enhancing shareholder value, paving the way for potential future mergers and acquisitions, and diversifying the business model and revenue streams. Salvatore Palella, Chairman and CEO of micromobility.com Inc., commented on these developments: "The approval of these measures by our shareholders is a strong endorsement of our strategic direction and future prospects. The reverse stock split, together with the increased share capital, are key elements in strengthening our financial foundation and supporting our growth initiatives."
ARM NVDA

Hot Stocks

12:01 EST Arm appoints Ami Badani as Chief Marketing Officer - Arm Holdings plc (ARM) announced the appointment of Ami Badani as Chief Marketing Officer with immediate effect. Badani will lead the Arm global marketing organization and report to Arm CEO Rene Haas. Badani joins Arm from NVIDIA (NVDA) where she held the role of Vice President of Marketing and Developer Products. "Arm is foundational to the world's most advanced technology companies and is at the forefront of the semiconductor industry's transition to AI. It is an incredible time to join Arm and I look forward to working with a world-class team," said Badani.
WWW

Hot Stocks

12:01 EST Wolverine World Wide falls -7.5% - Wolverine World Wide is down -7.5%, or -63c to $7.76.
AX

Hot Stocks

12:01 EST Axos Financial falls -8.7% - Axos Financial is down -8.7%, or -$3.15 to $33.09.
NABL

Hot Stocks

12:01 EST N-able falls -14.3% - N-able is down -14.3%, or -$1.96 to $11.74.
TTI

Hot Stocks

12:01 EST Tetra Technologies rises 11.4% - Tetra Technologies is up 11.4%, or 49c to $4.79.
FNA

Hot Stocks

12:00 EST Paragon 28 rises 11.7% - Paragon 28 is up 11.7%, or $1.00 to $9.54.
PEN

Hot Stocks

12:00 EST Penumbra rises 15.8% - Penumbra is up 15.8%, or $28.59 to $210.03.
JOBY

Hot Stocks

11:05 EST Joby Aviation announces successful exhibition flight in NYC - Joby Aviation (JOBY) announced that it successfully performed an exhibition flight in New York City yesterday, which it says marks "the first ever electric air taxi flight in the city and the first time Joby has flown in an urban setting." Joby previously announced through its partnership with Delta Air Lines (DAL) that it expects New York to be one of its early launch markets after receiving certification from the Federal Aviation Administration. "Joby has flown more than 30,000 miles with its full-scale prototype eVTOL aircraft, beginning in 2017. The company recently celebrated the first aircraft to roll off its Pilot Production Plant in Marina, California, and delivered the first-ever electric air taxi to the US Air Force for on-base operational testing. Joby expects to launch its commercial passenger service in 2025," the company stated.
KYMR

Hot Stocks

11:03 EST Kymera Therapeutics announces publication of Phase 1 trial results for KT-474 - Kymera Therapeutics announced that results from the positive Phase 1 clinical trial from its lead program, KT-474, a potent, highly selective, orally bioavailable IRAK4 degrader, were published in Nature Medicine. The results showed a reduction of disease-relevant inflammatory biomarkers in the blood and skin of HS and AD patients associated with improvement in skin lesions and symptoms. The full manuscript, "IRAK4 degrader in hidradenitis suppurativa and atopic dermatitis: a phase 1 trial," was published online on November 13, 2023, on the Nature Medicine website. The data reported in the publication show that KT-474 administered to HS and AD patients had safety, pharmacokinetics and pharmacodynamics similar to healthy volunteers, achieved robust IRAK4 degradation in blood and skin lesions associated with a systemic anti-inflammatory effect, and showed activity in HS and AD. The Company previously reported Phase 1 results in December 2022 and at the European Academy of Dermatology and Venereology Symposium in May 2023. The publication also highlights preclinical data on KT-474, including the first publication of the compound's chemical structure. KT-474 was studied in a Phase 1 randomized, placebo-controlled, single and multiple ascending dose trial to assess safety, pharmacokinetics, pharmacodynamics and clinical activity. 105 healthy volunteers were enrolled in the placebo-controlled single and multiple ascending dose escalation cohorts and 21 HS and AD patients were enrolled into an open-label patient cohort. KT-474 was administered as a single dose and then daily for 14 days in the fasted state in HVs followed by dosing for 28 days in the fed state in patients with HS or AD. Degradation of IRAK4 was observed in HV blood, with mean reductions after a single dose of greater than or equal to93% at 600-1600 mg and after 14 daily doses of greater than or equal to95% at 50-200 mg. In patients treated with 75 mg of KT-474, similar IRAK4 degradation was achieved in blood, and IRAK4 was normalized in skin lesions where it was overexpressed relative to HVs. Reduction of disease-relevant inflammatory biomarkers was demonstrated in the blood and skin of HS and AD patients associated with improvement in skin lesions and symptoms. KT-474 was well-tolerated with no drug-related infections. These results from the first published clinical trial using a heterobifunctional degrader provide initial proof of concept for KT-474 in HS and AD to be further confirmed in placebo-controlled Phase 2 trials.
DMK

Hot Stocks

10:53 EST DMK Pharmaceuticals reports preclinical results on DPI-125 - DMK Pharmaceuticals announced the presentation of preclinical results comparing the effects of DPI-125 on opioid withdrawal behaviors to methadone and buprenorphine, the standard of care for opioid use disorder, or OUD, in a poster session at the Society for Neuroscience Annual Meeting held November 11-13, 2023 in Washington D.C. "Only about 12% of patients receive treatment for OUD, despite the proven efficacy of current medications. Buprenorphine, the market leader with US sales in excess of $3B in 2022, requires an induction phase to induce withdrawal symptoms prior to initiating the first dose. It is challenging for a patient to voluntarily experience these symptoms. In addition, buprenorphine can be abused. For this and other reasons, widespread adoption is low. We believe that DPI-125, our novel clinical stage compound, will be able to overcome this and several other barriers to treatment initiation and maintenance. The positive data to be presented today marks the first step to realizing this promise. We are excited to present preclinical data comparing DPI-125, a triple opioid agonist, to the standard of care treatments buprenorphine and methadone to alleviate withdrawal symptoms. This preclinical study was financially supported by a grant from the National Institute of Drug Abuse, and we believe that it warrants further development," said Eboo Versi, M.D., Ph.D., CEO of DMK Pharmaceuticals.
ACAC

Hot Stocks

10:50 EST Acri Capital Acquisition reports deadline extension for business combination - Acri Capital Acquisition Corporation announced that, in order to extend the date by which the company must complete its initial business combination from November 14, 2023 to December 14, 2023, Acri Capital Sponsor LLC, the sponsor of the company, has deposited into its trust account an aggregate of $75,000. Pursuant to the company's Amended and Restated Certificate of Incorporate currently in effect, the company may extend on monthly basis from July 14, 2023 until April 14, 2024 or such an earlier date as may be determined by its board to complete a business combination by depositing the New Monthly Extension Payment for each month into the Trust Account.
NOTE

Hot Stocks

10:39 EST FiscalNote announces strategic alliance with True Digital Group - True Digital Group and FiscalNote Holdings announced a strategic alliance to map 3rd and 4th party vendors and monitor critical risks, which they see "presenting a first of its kind opportunity for financial institutions to understand and monitor risks within their expansive supplier networks and elevate transparency throughout the vendor ecosystem." The companies stated: "The partnership leverages the AI-powered, cutting-edge technology and data analytics capabilities of FiscalNote Risk Connector to furnish True Digital and its bank industry members with an invaluable resource for risk management. FiscalNote's state-of-the-art AI models provide a unique view for banks of their vendor's supply chain structure - a strategic advantage that empowers community and regional banks by offering them a solution to better navigate the intricate web of vendor relationships, serving as a pivotal asset in both the vendor selection and ongoing monitoring processes."
ESPR

Hot Stocks

10:32 EST Esperion presents exploratory analysis of CLEAR Outcomes - Esperion announced the presentation of results from a pre-specified, exploratory analysis of CLEAR Outcomes at the 2023 American Heart Association Scientific Sessions. "We know in 2023 that 'lower is better' is true both for cholesterol and for inflammation," said Paul Ridker, MD, MPH, of the Brigham and Women's Hospital and the Harvard Medical School and a pioneer in the role of inflammation inhibition as a method going beyond cholesterol to improve patient outcomes. "In the future, it can be anticipated that virtually all atherosclerosis patients will receive aggressive inflammation inhibition along with aggressive cholesterol reduction," Ridker added. Dr. Ridker presented a pre-specified analysis in an oral presentation titled, "Inflammation and Cholesterol as Predictors of Cardiovascular Events and Risk Reduction with Bempedoic Acid Among Statin Intolerant Patients: An Analysis of the CLEAR Outcomes Trial." The analysis focused on vascular inflammation, as measured by the inflammatory marker hsCRP as a major determinant of atherosclerotic risk regardless of background statin use. In the exploratory analysis, participants with baseline hsCRP in the top 25% of all participants were 43% more likely to experience MACE, twice as likely to experience cardiovascular death, and 121% more likely to experience all-cause mortality compared to those in the lowest 25%. In CLEAR Outcomes, patients who were randomized to bempedoic acid experienced a 21.6% reduction in hsCRP compared to placebo at 6 months.
RILY

Hot Stocks

10:13 EST B. Riley Financial shares drop to lowest level in three years - B. Riley Financial shares have fallen 22% to $19.76 in early trading. The shares are at an intraday level lower than any close since June 25, 2020, according to data from Bloomberg.
QTWO

Hot Stocks

10:08 EST Q2 Holdings appoints Mukkamala as CDO, Bygum as CISO, Williams as CRO - Q2 Holdings announced an expansion of its leadership team with the appointment of Himagiri Mukkamala as Chief Development Officer, Beth-Anne Bygum as Chief Information Security Officer and Blair Williams as Chief Risk Officer. As the Chief Development Officer, Mukkamala leads the product engineering teams and has responsibility for balancing innovation, quality and speed in pursuit of building the best digital experiences for Q2's financial institution customers and their accountholders. A seasoned engineering leader, Mukkamala brings more than 25 years of leadership experience in enterprise technology, serving as general manager of Penguin Edge and CEO of Pelion. As Chief Information Security Officer, Bygum is responsible for the company's global information protection, product and application security, enterprise IT security, cyber defense, and data protection strategy and services. During her career, Bygum worked with leading companies in data science, technology, consumer packaged goods, biotechnology, pharmaceutical and consulting sectors. As Chief Risk Officer, Williams is responsible for Q2's holistic risk framework and policies. This newly created leadership position will bring together the enterprise risk management, regulatory compliance, and internal audit functions as the company enters a new chapter of growth and evolution. As a core senior leadership team member, Williams oversees all risk management functions, including integrating risk concepts into strategic planning, risk identification and risk mitigation activities. Williams joined Q2 from SS&C Technologies, where he served as the Managing Director of Risk and Technology Services.
GEHC

Hot Stocks

10:03 EST GE HealthCare, BAMF Health collaborate for Theranostics solutions - As demand for Theranostic care increases, GE HealthCare and BAMF Health announced a collaboration aimed at enabling BAMF Health to scale turnkey offerings inclusive of leading GE HealthCare technologies and services. The goal of the collaboration is to ensure an agile go-to-market approach to enhance the adoption of Theranostics solutions in the U.S. The arrangement supports a shared interest in better patient outcomes made possible through advanced diagnostics and radiotherapeutics. Theranostics in molecular imaging uses both imaging technology and targeted therapies to identify and treat diseases such as cancer as well monitor response to treatment; the term originates from the way this form of personalized medicine is practiced - the combination of therapy and diagnostics. Connecting all phases of the Theranostics care pathway, from drug development through disease diagnosis and treatment monitoring, with scalable solutions, connectivity, and advanced imaging technologies, is critical to helping clinicians and health systems bring Theranostics treatments to more patients. The collaboration between GE HealthCare and BAMF Health will leverage both partners' deep understanding of the complexities of delivering Theranostic care to establish a framework to support the scalable infrastructure and clinical solutions for expanded adoption of precision care.
HYPRF AFLYY

Hot Stocks

10:02 EST Hydrogenpro partner DG Fuels enters cooperation with Air France-KLM - HydrogenPro's collaborative partner, DG Fuels, announced on Friday, November 10th, the strategic cooperation with Air France - KLM. The latter has made an investment in DG Fuels "to support the completion of the development work necessary to reach the Final Investment decision". The group has invested USD 4.7 million in the SAF producer. HydrogenPro has been contracted as the supplier of electrolyzers for the plant in a potential 500 million USD deal, excluding life cycle services. In addition to the investment Air France-KLM acquired an option to purchase up to 25 million gallons / 75 000 tons of SAF annually over a multi-year period beginning in 2029. This option comes in addition to the long-term offtake contract announced by Air France-KLM and DG Fuels last year.
IZEA

Hot Stocks

10:01 EST Izea announces IZEA.com has reached the 1 million user milestone - IZEA Worldwide announced that IZEA.com has reached the 1M registered user milestone. In recent months, the company has been adding between 1,000 and 2,000 new registered users per day to IZEA.com. The sharp increase in user signups is largely attributed to the release of FormAI, the company's suite of AI tools for creators and marketers. "We are proud to have reached this important milestone," said Ted Murphy, IZEA founder and CEO. "While there are many claims about network size in the influencer marketing industry, very few have first-party opt-in networks anywhere near that of IZEA, and the network growth we have seen over the past few months has been incredible."
NABL

Hot Stocks

10:00 EST N-able falls -8.2% - N-able is down -8.2%, or -$1.13 to $12.57.
GENI

Hot Stocks

10:00 EST Genius Sports falls -8.7% - Genius Sports is down -8.7%, or -46c to $4.81.
AMPS

Hot Stocks

10:00 EST Altus Power falls -12.1% - Altus Power is down -12.1%, or -64c to $4.62.
HMY

Hot Stocks

10:00 EST Harmony Gold rises 8.5% - Harmony Gold is up 8.5%, or 38c to $4.85.
TTI

Hot Stocks

10:00 EST Tetra Technologies rises 15.9% - Tetra Technologies is up 15.9%, or 69c to $4.99.
PEN

Hot Stocks

10:00 EST Penumbra rises 17.8% - Penumbra is up 17.8%, or $32.34 to $213.78.
NEGG

Hot Stocks

09:56 EST Newegg Commerce board approves $10M share repurchase program - The Company announced that its board of directors approved a new share repurchase program to purchase up to $10M of its outstanding common shares, effective immediately. Newegg expects to fund repurchases with a combination of existing cash and cash equivalents and cash flows from operations. As of June 30, 2023, Newegg had cash and cash equivalents of $51.8 million.
NEGG

Hot Stocks

09:56 EST Newegg Commerce receives non-compliance notification from Nasdaq - On November 6, 2023, Newegg Commerce received a letter from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company's common shares was below the minimum of $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's common shares, which will continue to trade uninterrupted on Nasdaq under the ticker "NEGG." Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until May 6, 2024, to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common shares is at least $1.00 for a minimum of ten consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by May 6, 2024, the Company may be eligible for an additional 180-calendar-day grace period.
RMCO

Hot Stocks

09:55 EST Royalty Management Holding Corp trading resumes
HOLI

Hot Stocks

09:50 EST Buyer consortium urges Hollysys directors to convene Special Meeting - A buyer consortium led by Recco Control Technology and Dazheng Group Investment Holdings Company expressed its strong desire for the Special Committee of the board of directors of Hollysys Automation Technologies to allow the sale process of the Company to move forward for all potential buyers. Members of the consortium also include TFI Asset Management Limited, and Great Wall Capital Co., Ltd. The consortium said, "The consortium urges the Special Committee to carefully evaluate the latest non-binding indicative all-cash offer of $26.50 per share from the consortium which is the highest among all of the offers submitted, effectively valuing the firm at approximately $1.64 billion, and to allow the consortium to conduct customary due diligence in order to move forward with its proposal. The sales process must be transparent and genuine for all potential bidders for it to be in the best interest of Hollysys shareholders and realize the true value of the Company. The consortium also calls on the directors of Hollysys to respect the rights of its shareholders and convene the legitimately requested special meeting immediately. As was recognized in Hollysys' statement on October 30, 2023, the directors of Hollysys have received valid requests for a special meeting from shareholders holding more than 30% of the Company as of the demand record date previously set by the board. Ascendent Capital Partners, which holds 13.7% of the shares, has also publicly called on the directors of Hollysys to convene the special meeting. This brings the total shareholders requiring the directors to convene the special meeting to 46%. The right to meet is an unqualified and unfettered absolute right of the shareholders. The directors should convene the special meeting immediately to uphold their fiduciary duties. The fact that the special meeting has not been convened by the directors is causing the consortium to have serious concerns over Hollysys' conduct of the sale process and the accountability of the directors to their shareholders. It is unprecedented for a board of directors to refuse to voluntarily and timely convene a meeting which nearly half of their shareholders legitimately want held."
NGM

Hot Stocks

09:49 EST NGM Biopharmaceuticals reports Phase 2b study results from ALPINE 4 trial - NGM Biopharmaceuticals shared results from its Phase 2b ALPINE 4 trial of aldafermin, an engineered FGF19 analog product candidate, in patients with compensated cirrhosis due to NASH in an oral plenary presentation at the American Association for the Study of Liver Diseases he Liver Meeting. The presentation titled "Positive Results from the ALPINE 4 Study: a Randomized, Double-blind, Placebo-controlled, Multicenter, Phase 2b Trial Evaluating Multiple Doses of the FGF19 Analogue Aldafermin in Patients with Compensated Cirrhosis Due to Nonalcoholic Steatohepatitis," is available to conference attendees for the duration of AASLD The Liver Meeting and will be archived on the 'Publications' page of NGM Bio's website here following the meeting. The ALPINE 4 data shared at AASLD The Liver Meeting follow positive topline results on the primary endpoint reported by NGM Bio in May 2023. The ALPINE 4 trial evaluated the efficacy, safety and tolerability of 1 mg and 3 mg doses of aldafermin compared to placebo in 160 patients with compensated cirrhosis due to NASH. The study showed that the primary endpoint was achieved; patients treated with aldafermin 3 mg showed a statistically significant reduction in ELF score compared to the placebo arm after 48 weeks of treatment. ELF is the first and only FDA-approved non-invasive test reflecting NASH prognosis. ELF measures direct markers of liver fibrosis and can be used to predict liver-related events in patients with NASH and compensated cirrhosis. Although ALPINE 4 was not statistically powered for the secondary endpoint of histological fibrosis improvement of greater than or equal to 1-stage, a dose-dependent trend in fibrosis improvement was observed. Aldafermin demonstrated significant, dose-dependent improvements across all of the study's non-invasive secondary endpoints, including neoepitope-specific N-terminal propeptide of type III collagen, alanine aminotransferase, aspartate aminotransferase, 7alpha-hydroxy-4-cholesten-3-one, bile acids and liver stiffness measurement by FibroScan at week 48. These non-invasive tests are correlated with liver fibrogenesis, liver inflammation and injury, and NASH progression.
HOLI

Hot Stocks

09:48 EST Buyer consortium increases offer to acquire Hollysys to $26.50 per share - A Buyer consortium led by Recco Control Technology and Dazheng Group announces that the consortium has submitted an increased all-cash offer of $26.50 per share, or approximately $1.64B, to acquire all outstanding shares of Hollysys Automation Technologies in a letter sent to the board on November 8, 2023. Members of the consortium also include TFI Asset Management Limited, and Great Wall Capital Co., Ltd, who have entered into a memorandum of strategic cooperation with Recco Control Technology and Dazheng Group in connection with the proposed acquisition of Hollysys. The consortium has engaged in constructive negotiation with lenders and is at the final stage to secure a binding and definitive commitment in support of the offer. The new $26.50 per share offer from the consortium represents: A 42% premium to Hollysys' closing share price of US$18.66 on August 23, 2023 - the undisturbed price before the consortium resubmitted its previous bid to the Company on August 24; A 28.6% premium to Hollysys' closing share price of $20.60 on November 3, 2023 - the undisturbed price before Ascendent Capital announced its takeover offer on November 6; and An increase in price of 6% from the consortium's previous offer of $25 per share, which was presented to the Board on August 24, 2023. The consortium is aware that on November 6, Ascendent Capital Partners - who owns 13.7% of the Company - expressed its support for the special meeting first requested by over 32% of the Company's shareholders to the Board on August 24, 2023. Ascendent has publicly requested that the Board hold the special meeting by December 1, 2023. Shareholders holding 46% of the shares are now demanding that the Board convene the requested special meeting. The consortium said, "This action by Hollysys' largest shareholder appears to be echoing our earlier advocacy and is reflective of shareholders' desire, and fundamental right, to have an independent Board in place that was elected by the shareholders themselves. It also invites the obvious question whether the existing Board has any legitimacy in representing its shareholders after refusing to voluntarily convene the special meeting its own shareholders have requested. The consortium urges the Company's board of directors to listen to the voice of nearly half its shareholders. The Board must respect the rights of its shareholders and convene the legitimately requested special meeting without further delay. A transparent and thorough sale process should be led by independent directors who represent, and are elected by, Hollysys shareholders. This is the best way to ensure value is maximized for all shareholders."
CRM

Hot Stocks

09:47 EST Salesforce CEO announces new CEO of Slack - In a post to X, former Twitter, Salesforce CEO Marc Benioff congratulated Denise Dresser as the new CEO of Slack. "Congrats Denise Dresser! @dhdresser our new CEO of @SlackHQ !," he said. "I couldn't be more excited to share the news that Denise Dresser is our new CEO of Slack! Denise is an incredible business leader who has excelled at every level in her career at Salesforce. Her record of success, most recently as President of Accelerated Industries and before that as EVP, Enterprise Sales, includes driving some of our most important customer success ever." Reference Link
BPT

Hot Stocks

09:47 EST BP Prudhoe Bay falls -6.7% - BP Prudhoe Bay is down -6.7%, or -23c to $3.29.
GENI

Hot Stocks

09:47 EST Genius Sports falls -7.2% - Genius Sports is down -7.2%, or -38c to $4.89.
AMPS

Hot Stocks

09:47 EST Altus Power falls -7.8% - Altus Power is down -7.8%, or -41c to $4.85.
HMY

Hot Stocks

09:47 EST Harmony Gold rises 9.2% - Harmony Gold is up 9.2%, or 41c to $4.88.
TTI

Hot Stocks

09:47 EST Tetra Technologies rises 12.2% - Tetra Technologies is up 12.2%, or 53c to $4.83.
PEN

Hot Stocks

09:47 EST Penumbra rises 18.2% - Penumbra is up 18.2%, or $33.10 to $214.54.
RMCO

Hot Stocks

09:45 EST Royalty Management Holding Corp trading halted, volatility trading pause
CAMT

Hot Stocks

09:42 EST Camtek receives order for 28 systems from tier-1 manufacturer - Camtek has received a new order for 28 systems from a tier-1 manufacturer, for the inspection & metrology of High Bandwidth Memory and Heterogenous Integration applications. This order adds to the already strong backlog of systems that are expected to be delivered during 2024.
MCOM

Hot Stocks

09:39 EST Micromobility.com's Helbiz announces expansion into U.S. market - Helbiz announced its strategic expansion into the U.S. market, starting with a profit-driven micro-mobility service in Tampa. Helbiz is one of only two scooter operators granted the opportunity to redefine urban transport in Tampa, FL, with a permitted fleet of 1,500 scooters.
ARWR

Hot Stocks

09:35 EST Arrowhead: Plozasiran achieved mean max reductions of up to 90% in APOC3 - Arrowhead Pharmaceuticals presented new Phase 2 clinical data from the ongoing SHASTA-2 and MUIR studies of plozasiran and the ARCHES-2 study of zodasiran at the American Heart Association Scientific Sessions 2023, being held in Philadelphia, PA, on November 11-13, 2023. "The compelling data presented today at AHA support the further development of plozasiran in Phase 3 studies, including in patients with severe hypertriglyceridemia, and potentially in a clinical outcomes trial for patients with increased risk for atherosclerotic cardiovascular disease due to elevated triglyceride rich lipoproteins," said Christie M. Ballantyne, M.D., Baylor College of Medicine. In the Phase 2 SHASTA-2 study of plozasiran in 226 subjects with SHTG who had baseline triglycerides (TGs) of greater than 500 mg/dL, two doses of 10 mg, 25 mg, or 50 mg of plozasiran once every 12 weeks reduced TGs to near normal levels and achieved TG levels below the risk threshold for acute pancreatitis in over 90% of patients. At 24 weeks, plozasiran durably decreased serum APOC3 to -79%, TGs to -74%, and remnant cholesterol to -63%, while increasing HDL-cholesterol to +68%. In the Phase 2 MUIR study of plozasiran in 353 subjects with mixed dyslipidemia who had fasting TGs between 150-499 mg/dL and either LDL-cholesterol greater than 70 mg/dL or non-HDL-cholesterol greater 100 mg/dL, two doses of 10 mg, 25 mg, or 50 mg of plozasiran once every 12 weeks or once every 24 weeks silenced APOC3 and demonstrated robust reductions in atherogenic lipoproteins. At 24 weeks, plozasiran reduced TGs to -64%, remnant cholesterol to -54%, apolipoprotein B to -19%, and Non-HDL-cholesterol to -27%, while increasing HDL-cholesterol to +51%.
WEST

Hot Stocks

09:35 EST Westrock Coffee trading resumes
CRKN

Hot Stocks

09:33 EST Crown Electrokinetics executes master services agreement with Arizona customer - Crown Electrokinetics announced it has executed a Master Services Agreement for traditional horizontal directional drilling as well as micro-trenching with its third customer in Arizona. The Company also has now received its first purchase order for work with its previously announced second customer. Drilling and construction for the Company's first Arizona customer is underway while Crown expects to commence work on the second customers purchase order shortly and work with the newest customer is anticipated before the end of the calendar year.
ITEEF

Hot Stocks

09:31 EST I3 Energy announces capital reduction - i3 Energy announces that the court order cancelling i3 Energy's share premium account and the associated court approved statement of capital, has been delivered to the Registrar of Companies, and the Capital Reduction will become effective upon the registration of the court order by the Registrar of Companies, which is expected to occur in the next few days.
WEST

Hot Stocks

09:30 EST Westrock Coffee trading halted, volatility trading pause
MULN

Hot Stocks

09:24 EST Mullen Automotive announces new EV battery facility in California - Mullen Automotive announced a new high-energy facility in Fullerton, California, expanding the company's overall U.S. footprint, including EV battery development and production capabilities. This new Southern California facility is dedicated to producing American-made EV battery packs. Mullen's high-energy pilot facility in Monrovia, California, will be consolidated with the recently purchased Romeo Power assets at the company's new high-energy and high-volume battery pack production facility in Fullerton, California. Mullen plans to close the Monrovia facility by the end of 2023, transferring existing battery testing and production equipment to the brand new and state-of-the-art location in Fullerton. Beginning in December 2023, Mullen will begin calibration of the solid-state polymer battery BMS for integration into the Class 1 EV cargo van. The company will begin drivable testing of the solid-state polymer battery packs in the Class 1 EV cargo van in Q1 2024.
ONDS

Hot Stocks

09:23 EST Ondas' Airobotics accelerates development of Iron Drone Raider - Ondas Holdings announced that its wholly-owned subsidiary, Airobotics, is accelerating upgrades to its counter-UAS system, the Iron Drone Raider, to address the needs of the of Israeli Defense and homeland security forces during the current conflict in Gaza. Supported by major Israeli defense companies, Airobotics' teams are enhancing the interception system to meet specific defensive requirements rising from the field. Iron Drone's unique integrated AI-based interception drone system allows for the elimination of small hostile drones and is effective against any type of small drone controlled or pre-programmed for flight, including hostile drones which do not rely on a pilot's command and control radio-link. "Iron Drone Raider, with its unique capabilities and proprietary technology, represents the cutting edge of counter-drone technology," said Eric Brock, Chairman and CEO of Ondas. "The Airobotics team is making great progress to finalize the last stages of development in order to provide the system as soon as possible and address the operational needs rising from the field. By deploying the Iron Drone Raider, customers can neutralize the growing threat posed by the proliferation of small, hostile drones, thereby saving lives."
BSFC SYY

Hot Stocks

09:22 EST Blue Star Foods signs 2-year bid award purchase agreement with Sysco - Blue Star Foods (BSFC) announced a recently signed a 2-year bid award purchase agreement with Sysco (SYY). The Bid Award Purchase Agreement is effective starting immediately, and is for purchase of Blue Star's awardbrands such as Blue Star, Pacifika and Good Stuff.
BABA

Hot Stocks

09:21 EST Alibaba reports GMV growth during 11.11 for Taobao and Tmall - Alibaba Group's China commerce business Taobao and Tmall Group said gross merchandise value, or GMV, orders and participating merchants grew during its 2023 11.11 campaign year-on-year. "Taobao and Tmall's solid performance reflects the success of our user-first strategy, which is focused on competitive pricing, diverse content offerings, and AI-driven technologies that further optimized consumer and merchant experiences during the campaign," said Taobao and Tmall Group's Chief Executive Officer Trudy Dai in a statement on Sunday. "In its 2022 festival, Taobao and Tmall delivered GMV in line with 2021's performance despite macroeconomic challenges and the impact of COVID-19. Alibaba's broader e-commerce ecosystem posted a GMV in 2021 of RMB540.3 billion ($84.54 billion at the time)," the company's blog post added. Reference Link
NVDA

Hot Stocks

09:20 EST Nvidia to supercharge Hopper AI computing platform - Nvidia has supercharged the world's leading AI computing platform with the introduction of the NVIDIA HGX H200. Based on Nvidia Hopper architecture, the platform features the Nvidia H200 Tensor Core GPU with advanced memory to handle massive amounts of data for generative AI and high performance computing workloads. H200-powered systems from server manufacturers and cloud service providers are expected to begin shipping in Q2 2024. Amazon Web Services, Google Cloud, Microsoft Azure and Oracle Cloud Infrastructure will be among the first cloud service providers to deploy H200-based instances starting next year, in addition to CoreWeave, Lambda and Vultr.
ILMN

Hot Stocks

09:18 EST Illumina launches Global Health Access Initiative to support LMICs - Illumina announced the launch of the Global Health Access Initiative to support access to pathogen sequencing tools for public health in low- and middle-income countries, LMICs. The program, developed with guidance from customers, funders, and market facilitators including the nonprofit FIND, will provide reduced pricing structures for eligible sequencing products from Illumina to qualified global health funding entities and address key international logistics and supply chain challenges. "We know that enabling countries to perform pathogen sequencing locally strengthens health systems, enables better preparedness, and empowers countries to manage their priority health threats," said Vanessa Moeder, head of Global Health at Illumina. "It also avoids costly and time-consuming shipment of samples abroad and leads to faster response times. We cannot lose time preparing for the next pandemic, and adoption of pathogen genomic surveillance in every country allows us to get ahead of infectious threats."
KYN KMF

Hot Stocks

09:18 EST Kayne Anderson Energy, Kayne Anderson Midstream/Energy Fund complete merger - Kayne Anderson Energy Infrastructure Fund announced the completion of the merger of Kayne Anderson NextGen Energy & Infrastructure. KYN's post-Merger total assets and NAV were approximately $2.3 billion and $1.7 billion, respectively. KYN's post-Merger NAV per share was $9.95, with approximately 169.1 million shares outstanding.
NVDA

Hot Stocks

09:18 EST Nvidia's Grace Hopper superchip to power Jupiter supercomputer - Nvidia announced that Jupiter - which launches a new class of supercomputers for AI-driven scientific breakthroughs - will be powered by the Nvidia Grace Hopper accelerated computing architecture to deliver extreme-scale computing power for AI and simulation workloads. Jupiter - which is owned by the EuroHPC Joint Undertaking and contracted to Eviden and ParTec - is being built in collaboration with Nvidia, ParTec, Eviden and SiPearl to accelerate the creation of foundational AI models in climate and weather research, material science, drug discovery, industrial engineering and quantum computing. The Jupiter supercomputer defines a new class of supercomputers by combining NVIDIA's full stack of software solutions to solve some challenges including: climate and weather prediction. drug discovery, quantum computing technologies, industrial engineering. Installation of the JUPITER system is expected in 2024.
ZYXI

Hot Stocks

09:16 EST Zynex submits FDA application for next generation NMES device - Zynex announced that it has submitted a 510(k) application to the U.S. Food and Drug Administration, FDA, for the M-Wave Neuromuscular Electrical Stimulation, NMES, device. The M-Wave is set to replace its predecessor, the E-Wave, which has been fundamental in NMES treatments across the U.S. since 1998. The E-Wave has helped over 17,500 patients with muscle-related issues such as drop-foot, quad rehabilitation, shoulder subluxation, and hand rehabilitation. "We are excited to introduce the M-Wave, a device that showcases our ongoing commitment to improving the lives of patients dealing with neuromuscular conditions," said Thomas Sandgaard, CEO at Zynex Medical. "The M-Wave will be another game-changer, providing a more effective and user-friendly treatment option for patients and a valuable tool for healthcare professionals. I believe that this next-generation device will be able to build upon the need for customizable NMES treatments in clinical and home settings."
SGPYY

Hot Stocks

09:15 EST Sage Group announces series of updates for Sage Intacct in Canada - Sage announces several new product updates to Sage Intacct in Canada for deeper business intelligence. The enhanced features enable businesses to increase productivity, leverage real-time data and streamline business processes, with customizable language settings to empower French-speaking customers. "Businesses today require speed and agility across their operations to succeed in the digital-first economy," said Mark Hickman, Managing Director for Sage in Canada. "The latest Sage Intacct releases allows our customers to simplify operations, improve business intelligence and make real-time decisions quickly and accurately. Additionally, the expanded language options provide Francophone customers in Canada with a smooth user experience in French."
SMCI

Hot Stocks

09:15 EST Supermicro expands AI solutions with support for NVIDIA HGX H200 - Supermicro is expanding its AI reach with the upcoming support for the new NVIDIA HGX H200 built with H200 Tensor Core GPUs. Supermicro's industry leading AI platforms, including 8U and 4U Universal GPU Systems, are drop-in ready for the HGX H200 8-GPU, 4-GPU, and with nearly 2x capacity and 1.4x higher bandwidth HBM3e memory compared to the NVIDIA H100 Tensor Core GPU. In addition, the broadest portfolio of Supermicro NVIDIA MGXTM systems supports the upcoming NVIDIA Grace Hopper Superchip with HBM3e memory. Supermicro's rack scale AI solutions accelerate the performance of computationally intensive generative AI, large language Model training, and HPC applications while meeting the evolving demands of growing model sizes.
CRL

Hot Stocks

09:14 EST Charles River, Aita enter strategic agreement - Charles River Laboratories International and Aitia announced a strategic agreement that gives Aitia access to Logica, Charles River's Artificial Intelligence powered drug solution platform, for the optimized discovery and early development of multiple therapeutic programs for neurodegenerative disease and oncology. Under the terms of the agreement, Aitia will deploy Logica across their portfolio of novel drug targets with the aim of creating and advancing drug candidates for neurological indications, including Alzheimer's, Parkinson's, and Huntington's diseases and cancers, including prostate cancer and multiple myeloma. "Unraveling the complex genetic and molecular circuitry of neurodegenerative disorders is critical to the discovery of treatments that significantly slow or reverse these devastating diseases," said Colin Hill, Chief Executive Officer and Co-founder of Aitia. "I do not believe we will get there without the insights from our Digital Twins, which now combined with the advantages of Logica, positions Aitia to rapidly translate our discoveries into novel drug candidates. We are excited to join forces with Charles River, leveraging their decades of industry expertise in research to fuel our R&D efforts."
GCI

Hot Stocks

09:14 EST Gannett and Home Solutions announce exclusive agreement - Gannett and USA TODAY announced a multi-year strategic partnership with Home Solutions, a leading digital media company that helps homeowners make informed decisions about services and projects in their homes. Through this partnership, Home Solutions will reach Gannett's extensive audience, making it easy for readers to both choose and connect with the right home services provider for their projects. "Partnering with Home Solutions to provide essential services for homeowners across the nation is exactly what our readers want and need," said Kate Gutman, Gannett Senior Vice President of Content Ventures. "Making it simple and accessible for residents to secure the trusted services they need whether they rent or own is what this partnership hopes to accomplish. We believe this new vertical will provide essential content and go a long way to improving the homes and lives of our dedicated readers."
MVLA

Hot Stocks

09:14 EST Movella delays Q3 conference call - Movella Holdings will delay the release of its third quarter 2023 results and investor conference call, previously scheduled for today, Monday, November 13, 2023. The company will announce the date and time of its third quarter 2023 earnings release, conference call and webcast in a subsequent press release.
ASUR

Hot Stocks

09:13 EST Asure Software launches Treasury Compliance Services - Asure announced the launch of its Treasury Compliance Services specifically designed to assist regional and niche payroll providers with the stringent compliance demands related to money movement. This service strategically addresses the requirements of the money transmission laws in the various states, which have increased regulatory requirements for companies moving money associated with payroll transactions. The Treasury Compliance Services leverage Asure's existing commercial banking and payments processing services, provided by J.P. Morgan. The Treasury Compliance Services are set to be available in Q4, marking a significant step in supporting payroll companies to manage their compliance needs effectively and efficiently.
UMGNF

Hot Stocks

09:13 EST Universal Music Group's science-based targets validated - Universal Music Group N.V. announced that its greenhouse gas emission reduction targets have been approved by the Science Based Targets initiative, the gold standard for establishing corporate climate goals. UMG's Executive Vice President, Chief Financial Officer and President of Operations Boyd Muir said, "I am incredibly proud of the organization-wide efforts that have brought us to this milestone. By aligning our operations with science-based targets, we deepen our commitment to embed sustainability principles into our business practices and to innovate for a resilient future in which both global communities and music lovers thrive."
AMD

Hot Stocks

09:13 EST AMD announces AMD Radeon PRO W7700 - AMD announced the AMD Radeon PRO W7700, the most powerful professional workstation graphics card under $1,000, offering an ideal combination of reliability, stability and extraordinary price/performance for content creation, CAD and AI applications. The new workstation graphics card is designed to meet the evolving demands of professional workflows, including increasingly complex computer-generated designs, the continual growth in the development of visual effects and animations, a global surge in construction, and the explosive growth in advanced AI applications. The AMD Radeon PRO W7700 graphics card unleashes professionals' creativity through exceptional performance, stunning visuals and future-ready capabilities.
SYRA

Hot Stocks

09:12 EST Syra Health launches SyraBot - Syra Health announced the launch of SyraBot, a product available through the Company's Digital Health business unit. SyraBot is Syra Health's human-centric AI-backed chatbot that delivers conversational and immediate responses to inquiries made through a healthcare organization's website, providing real-time access to information users need, twenty-four hours a day, seven days a week.
CRL

Hot Stocks

09:12 EST Charles River, Aitia in deal to use Logica in discovery for NDDs, oncology - Charles River Laboratories and Aitia, a leader in the application of Causal AI and Digital Twins, announced a strategic agreement that gives Aitia access to Logica, Charles River's Artificial Intelligence powered drug solution platform, for the optimized discovery and early development of multiple therapeutic programs for neurodegenerative disease and oncology.Under the terms of the agreement, Aitia will deploy Logica across their portfolio of novel drug targets with the aim of creating and advancing drug candidates for neurological indications, including Alzheimer's, Parkinson's, and Huntington's diseases and cancers, including prostate cancer and multiple myeloma. According to the World Health Organization , Alzheimer's disease the most common form of dementia, affects 33M people globally, while Parkinson's disease impacts 8.5M, and it is estimated that Huntington's disease affects approximatively 1 in 10,000 people worldwide. There are currently no known cures for these diseases, and the prevalence of all three diseases rises year-over-year. In the field of oncology, there are approximately 1.4M new cases of prostate cancer and 160,000 new cases of multiple myeloma reported globally each year. Each cancer presents unique challenges with acquired resistance to novel therapies and corresponding rates of overall survival.
SGPYY

Hot Stocks

09:12 EST Sage Group announces series of updates for Sage Intacct - Sage releases new product updates in Sage Intacct for increased automation, deeper insights, and even stronger compliance. These significant advancements will provide increased productivity, insightful data and streamlined business processes for customers. "As businesses expand and diversify their portfolios, it becomes increasingly important to have a reliable method to attain the metrics and business intelligence they need directly within the platform, improving efficiency and accuracy - to ultimately make business decisions faster," said Dan Miller, Executive Vice President, Sage Intacct. "The latest Sage Intacct release addresses a significant need within the market for a flexible and comprehensive solution to multi-level consolidations for partially owned entities. In addition, we're excited about the deeper insights our new functionalities will offer that help inform data-driven decisions and promote compliance in many industries including professional services, ministry, technology and software spaces, and more."
MMM

Hot Stocks

09:12 EST 3M sells LEAP III brand to DAC Technologies - 3M announced that DAC Technologies, a global leader in optical lens manufacturing solutions, has entered into an agreement to acquire the LEAP III brand. The acquisition closed on Oct. 30, 2023. As part of the sale of the LEAP III brand, 3M and DAC Technologies have entered into an exclusive supply agreement for 3M to supply DAC Technologies with the base component material from which LEAP III pads are made. "DAC Technologies is a leader in the ophthalmic products space and is the right company to continue the legacy of the LEAP III brand," said Matt Berdahl, 3M optical products global business leader. "DAC Technologies' knowledge of and focus on the ophthalmic market and its customers will allow the LEAP III brand to thrive and reach its potential in the market."
EQ

Hot Stocks

09:11 EST Equillium announces data from Type B portion of EQUALISE study - Equillium announced that data from the Type B portion of the EQUALISE study evaluating itolizumab in lupus nephritis patients was presented at ACR Convergence, the annual meeting of the American College of Rheumatology, or ACR. The data highlights that subjects had high complete and partial response rates with rapid and deep reduction in urine protein creatinine ratio, or UPCR, when itolizumab was added to mycophenolate mofetil, or MMF, and corticosteroids. The Type B portion of the EQUALISE study in patients with active proliferative LN, or apLN, is evaluating the safety, tolerability and clinical activity of subcutaneous delivery of itolizumab. Patients must present with greater than one gram of proteinuria and have a recent kidney biopsy showing ISN/RPS class III or IV apLN to be eligible for the study. During the 24-week treatment period, patients receive a subcutaneous dose of 1.6 mg/kg every two weeks, with follow up out to 36 weeks. Consistent with standard of care, patients on study also receive 2-3 g/day of mycophenolate mofetil/mycophenolic acid, or MMF/MPA, and patients may receive pulse systemic corticosteroids that are rapidly tapered. A total of 17 subjects have been enrolled in the study, with 15 subjects reaching Week 28. Based on published guidelines for the management of lupus nephritis from the European League Against Rheumatism, or EULAR, and European Renal Association-European Dialysis and Transplant Association, clinical activity assessments in this study are focused on the change in UPCR from baseline; proportion of apLN subjects with a complete response, or CR, defined as 50% or greater reduction in UPCR and less than 0.5-0.7 g/g; and proportion of subjects achieving a partial response, or PR, defined as 50% or greater reduction in UPCR.
ABT

Hot Stocks

09:11 EST Abbott announces late-breaking data on HeartMate 3 Heart Pump - Abbott announced new late-breaking data that show advanced heart failure patients living with its HeartMate 3 heart pump who didn't receive aspirin as part of their blood-thinning medication regimen experienced fewer complications from bleeding and were associated with reduced hospital visits compared to patients who took aspirin daily following their implant. The data from the ARIES trial is the first to potentially shift how physicians manage their patients living with a HeartMate 3 heart pump. The data were presented during a late-breaking presentation at the 2023 American Heart Association's Scientific Sessions in Philadelphia and simultaneously published in The Journal of the American Medical Association. The ARIES trial studied more than 600 patients and found that HeartMate 3 patients who didn't receive aspirin but continued using the standard post-implant vitamin-K antagonist treatment regimen met the primary endpoint by showing non-inferiority of no aspirin to aspirin. The HeartMate 3 patients who did not take aspirin spent 47% fewer days in the hospital due to a nearly 40% decrease in bleeding events compared to patients who continued to take aspirin daily. "The ARIES study moves the needle forward in improving the journey of advanced heart failure patients with a marked improvement in bleeding events, healthcare resource use and cost-savings by a simple decision to avoid the use of aspirin," said Mandeep Mehra, M.D., executive director of the Center for Advanced Heart Disease and the William Harvey Distinguished Chair at Brigham and Women's Hospital in Boston, Mass. "The data is so compelling that the magnitude of benefit observed in avoiding aspirin is similar to the impact of introducing a new device to the market."
REGN

Hot Stocks

09:10 EST Regeneron commits $34M over five years to sponsor science & engineering fair - Regeneron and Society for Science announced that Regeneron is increasing and extending its commitment as the title sponsor of the Regeneron International Science and Engineering Fair - ISEF -, the world's largest high school science and engineering competition, with a total investment of approximately $34M over a five-year period. Established in 1950, Regeneron ISEF gives the world's best and brightest young scientists a global stage to share their outstanding science, technology, engineering and mathematics research and compete for nearly $8M in awards, prizes and scholarships. Each year, over 175,000 students compete in the Society's 400 affiliated high school science fairs around the world. Top winners earn the right to compete at Regeneron ISEF where nearly 1,600 finalists, half of whom are young female scientists, are judged in 22 different categories. The renewed sponsorship includes a $10M increase from its previous commitment level.
LPLA

Hot Stocks

09:10 EST LPL Financial announces Zambri Financial joins Linsco - LPL Financial announced today financial advisors Anthony S. Zambri and his son Anthony V. Zambri have joined LPL's employee advisor channel, Linsco by LPL Financial, to launch Zambri Financial. They reported having served approximately $180 million in advisory, brokerage and retirement plan assets and join LPL from Ameriprise. The Melville, N.Y., practice represents three generations of Zambris in financial services. They built the business organically over the years through referrals and financial educational events.
FTHM

Hot Stocks

09:10 EST Fathom announces leadership succession plan - Fathom announced a leadership succession plan to support the Company's next chapter of growth. Following a thoughtful succession planning process, with Joshua Harley's endorsement, Fathom's Board of Directors has appointed President and Chief Financial Officer, CFO, Marco Fregenal to the role of Chief Executive Officer, CEO, succeeding Joshua Harley, who also stepped down as Board Chair for family reasons. As Fathom's largest shareholder, and as part of the planned transition, Harley will remain active in the company as the Founder and Chief Evangelist, with a focus on accelerating Fathom's agent growth, being the voice of Fathom to the industry, and further serving Fathom's growing agent network to improve agent retention, agent referrals, and attach rate for Fathom's ancillary businesses. Fregenal will continue to serve as CFO until the Board identifies a replacement. A global search will commence after the new year for the Company's next CFO.
OSS

Hot Stocks

09:08 EST One Stop Systems unveils new Gen 5 AI transportable compute server - One Stop Systems to unveil its latest AI Transportable, a Gen 5 short-depth server at SC23, the international conference for high performance computing being held in Denver, Colorado on November 12-17, 2023. Gen 5 Short-Depth Server: OSS new Gen 5 AI Transportable compute server doubles the performance over previous generation for powering the most demanding intelligent edge applications. OSS new Gen 5 AI Transportable compute server doubles the performance over previous generation for powering the most demanding intelligent edge applications. Powered by four PCIe NVIDIA H100 Tensor Core GPUs, the OSS Gen 5 SDS addresses the growing demand for more powerful AI Transportables at the edge. By incorporating the highest-performing GPUs, networking and NVMe solid-state storage devices, it delivers double the bandwidth as compared to its Gen 4 predecessors.
YUM

Hot Stocks

09:07 EST Yum! Brands' KFC announces major milestone restaurant openings - KFC, a subsidiary of Yum! Brands, announced key milestone store openings with two new restaurants in Haryana, India and Bucharest, Romania, as KFC expands in markets across the world. A new KFC opens somewhere in the world every 3.5 hours and in 2024, KFC plans to enter its 150th country. This global growth is fueled by KFC's mission to serve feel-good food, at scale, through inclusive, equitable and sustainable business practices.
KACL

Hot Stocks

09:06 EST Kairous announces contribution to trust account to extend deal period - Kairous Acquisition Corp. Limited announced that Kairous Asia Limited, the company's initial public offering sponsor, has deposited into the company's trust account an aggregate of $120,000, in order to extend the period of time the company has to complete a business combination for an additional one month period, from November 16, 2023 to December 16, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and will be converted into the company's ordinary shares at a price of $10.10 per share at the closing of a business combination by the company. The purpose of the extension is to provide time for the company to complete a business combination.
GCTK

Hot Stocks

09:06 EST GlucoTrack CEO announces 'redefined strategic direction' - Glucotrack announced that Paul Goode, PhD, President and Chief Executive Officer has provided a shareholder update letter that stated in part: "As we near the end of 2023, we would like to express our gratitude for your continued support of the Company. We welcome this opportunity to announce a redefined strategic direction as we take a step closer to achieving our vision of becoming a leader in the diabetes market by providing a range of unique products and services addressing multiple categories. In recent years, the diabetes market has experienced a significant transformation, driven by the growth of continuous glucose monitoring. As momentum for CGM has continued to intensify, the market has been shifting away from point-in-time, i.e. non-continuous, glucose monitoring. With our goal of commercializing market-leading diabetes technology, the Company is shifting its focus from non-invasive point-in-time glucose monitoring to continuous glucose monitoring technology within our portfolio. We are excited about this transition, which expands our commercial opportunity into both the type 1 and type 2 diabetes market and ensures we are on the optimal path for the long-term growth and sustainability of the Company."
HSCS

Hot Stocks

09:05 EST HeartSciences' MyoVista wavECG selected by Cardiact - Heart Test Laboratories dba HeartSciences announced that its MyoVista wavECG has been selected by Cardiact Ltd to be used in its heart screening program of members of the Association of Garda Sergeants and Inspectors. In addition to the purchase of a MyoVista device, Cardiact has placed an initial supplies order covering 2,400 patient tests.
FATP

Hot Stocks

09:05 EST Fat Projects Acquisition announces intention to extend deadline for combination - Fat Projects Acquisition announced that on November 9, 2023 it notified Continental Stock Transfer and Trust Company that it intends to extend the deadline to complete its initial business combination from November 15, 2023 to December 15, 2023 by depositing $24,279.65 into its Trust Account by November 15, 2023. This is the eighth of up to nine 1-month extensions that FATP is authorized to obtain under its Amended and Restated Memorandum and Articles of Association, as amended. The extension provides FATP with additional time to complete its initial business combination with Avanseus Holdings Pte. Ltd., a Singapore private company limited by shares. As previously reported, FATP and Avanseus entered into a Business Combination Agreement dated August 26, 2022, as amended by a First Amendment to Business Combination Agreement dated October 3, 2022, a Second Amendment to Business Combination Agreement dated February 14, 2023, and a Third Amendment to Business Combination Agreement dated July 14, 2023, that provides for a series of transactions, pursuant to which, among other things, Avanseus' shareholders will exchange all of their outstanding Avanseus shares in consideration for newly issued FATP Class A Ordinary Shares subject to the conditions set forth in the Business Combination Agreement, with Avanseus thereby becoming a wholly owned subsidiary of FATP. In connection with the Business Combination, FATP will change its corporate name to "Avanseus Holdings Corporation". The seventh extension described above will provide FATP and Avanseus with additional time to complete the Business Combination.
ASTC

Hot Stocks

09:04 EST Astrotech subsidiary reports purchase order for seven of TRACER 1000 ETDs - Astrotech Corporation announced that its 1st Detect subsidiary has accepted "another significant purchase order" for seven of its TRACER 1000 explosives trace detectors, or ETDs, for an airport security checkpoint. The systems will be deployed in a European airport in Romania. "We're excited to begin Fiscal Year 2024 with increased sales and interest in the TRACER 1000 from the security checkpoint field. Based on the near-zero false alarm rate that mass spectrometry provides, we believe that the TRACER 1000 improves checkpoint efficiency and passenger throughput by reducing the need for time-consuming pat-downs," said Thomas Pickens III, Chairman and Chief Executive Officer of 1st Detect.
STIM

Hot Stocks

09:03 EST Neuronetics upgrades software solutions for depression treatment - Neuronetics announced significant updates to the NeuroStar software and TrakStar Patient Data Management System, a proprietary, HIPAA-compliant, patient management and outcomes reporting system for NeuroStar providers. For TrakStar, this marks the third update to the platform this year. NeuroStar's innovative software update is set to redefine the user experience for all legacy NeuroStar systems while maintaining the original workflow. The enhancement includes a new user interface and software platform, ensuring a uniform, seamless experience across all devices. In addition to the NeuroStar software update, TrakStar's software is upgraded to enhance patient care and practice management. The standout feature of this update is its ability to proactively notify NeuroStar providers when patients exhibit signs of relapse or experience changes in their mental health post-NeuroStar transcranial magnetic stimulation treatment.
ATER WMT

Hot Stocks

09:03 EST Aterian's Squatty Potty re-launches in Walmart stores nationwide - Squatty Potty announced that select Squatty Potty toilet stools have launched in Walmart (WMT) stores nationwide. Squatty Potty is a 100% owned brand of Aterian, Inc. (ATER). "Our partnership with Walmart represents a significant step forward in our previously announced omnichannel expansion of the Squatty Potty brand. Walmart's footprint offers unparalleled opportunities to educate consumers on the many benefits of using Squatty Potty," said Phil Lepper, Chief Revenue Officer of Aterian.
BLIN

Hot Stocks

09:02 EST Bridgeline announces launch of Xngage Connector for Bridgeline's HawkSearch AI - Bridgeline Digital and Xngage, a digital eCommerce services firm, announce the launch of the Xngage Connector for Bridgeline's HawkSearch AI software in the Optimizely Configured Commerce platform. "This new connector, a product of the collaborative efforts of Bridgeline and Xngage, marks a significant step in enhancing eCommerce search functionalities and product discovery for Optimizely customers," the companies stated.
FRMT

Hot Stocks

09:02 EST Format enters into marketing and distribution agreement with OTBC - Foremost Lithium Resource & Technology announced that it has entered into a marketing and distribution services agreement with an arm's length marketing firm, Outside The Box Capital Inc. of Oakville Ontario, to provide marketing services, including digital marketing services through various social media channels to broaden media distribution awareness about the company. The Marketing Agreement will have a term of six months starting on November 13, 2023, and Foremost will pay OTBC a cash fee of $100,000 plus applicable taxes and also grant to OTBC 36,000 stock options having an exercise price of C$3.65 per common share and an expiry date of one year from the date of grant. The stock options shall be subject to the terms and conditions of the company's current stock option plan.
BLIN

Hot Stocks

09:01 EST Bridgeline Digital and Xngage launched enhanced search solution for Optimizely - Bridgeline Digital and Xngage, a digital eCommerce services firm, announced the launch of the Xngage Connector for Bridgeline's HawkSearch AI software in the Optimizely Configured Commerce platform. This new connector is a product of the collaborative efforts of Bridgeline and Xngage. HawkSearch now integrates with Optimizely, thanks to the collaboration between Bridgeline and Xngage.
LIXT

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09:01 EST Lixte Biotechnology provides update on clinical progress - Lixte Biotechnology provided an update on its progress, with Bas van der Baan, LIXTE's recently-appointed President and CEO, having said, "Since the beginning of this year, LIXTE has been expanding its collaborations with several prestigious, world-renowned cancer research institutions and pharmaceutical companies that are testing our LB-100 compound to improve chemotherapy and immunotherapy treatment outcomes. We believe that LB-100 may offer broad applicability to many types and stages of cancer, with the potential to benefit a wide range of patients."
MBOT

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08:59 EST Microbot Medical completes EMC testing section of V&V process - Microbot Medical announces it had successfully completed the Electromagnetic Compatibility, or EMC, testing section of the Verification and Validation, or V&V, process. "The success in completing the EMC testing of our V&V testing, we believe, affirms our dedication to ensuring the highest quality and safety standards for our LIBERTY Robotic Surgical System. We plan on completing the on-going additional testing required by the V&V process, in the near future, with the goal to commence our first clinical trial in the US," said Simon Sharon, the company's CTO & GM.
TERN

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08:59 EST Terns Pharmaceuticals announces late-breaking data from Phase 2a DUET trial - Terns Pharmaceuticals announced the late-breaking oral presentation of top-line data from its Phase 2a DUET clinical trial of TERN-501, an investigational orally administered thyroid hormone receptor-beta agonist for the treatment of NASH. TERN-501 was evaluated alone and in combination with the Company's liver-distributed farnesoid X receptor vagonist TERN-101. These data will be presented at The Liver Meeting, the annual meeting of the American Association for the Study of Liver Diseases, on Monday, November 13 at 2:00 p.m. ET in Boston, Massachusetts. TERN-501 monotherapy demonstrated significant reductions in liver fat content as early as Week 6. The study met its primary endpoint, with TERN-501 monotherapy demonstrating a mean relative reduction of 27% and 45% at 3 mg and 6 mg doses, respectively, versus a 4% reduction in the placebo group at Week 12; A significantly higher percentage of patients achieved a greater than or equal to30% MRI-PDFF reduction in TERN-501 arms and a greater than or equal to50% reduction with TERN-501 monotherapy at Week 12; TERN-501 monotherapy resulted in a significant and rapid decrease in cT1 with a significantly higher percentage of patients achieving a greater than or equal to80 ms reduction; TERN-501 combined with TERN-101 resulted in efficacy improvement or maintenance compared to TERN-501 monotherapy TERN-501 monotherapy arms demonstrated significant increases in SHBG and improved lipid levels, including significant reductions in apolipoprotein B and a decrease in low-density lipoprotein levels, when combined with TERN-101; TERN-501 was generally well tolerated, with treatment-related adverse events similar to the placebo group; Overall, there were low rates of gastrointestinal AEs reported similarly across all treatment arms; No treatment-related cardiovascular AEs or serious AEs were reported.
KAVL

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08:58 EST Kaival Brands appoints Barry Hopkins as Executive Chairman - Kaival Brands has expanded the role of Barry Hopkins, Chairman of the Board, to the new position of Executive Chairman. In this role, Hopkins will serve as Kaival Brands' principal executive officer. Current President and CEO, Eric Mosser, will continue to manage day-to-day operations of the company. Hopkins joined Kaival Brands as Chairman of the Board in March 2023. Hopkins spent most of his decades-long career primarily in senior sales and marketing roles for Turning Point Brands and Altria. Most recently, before becoming a management consultant, Hopkins served as Senior Vice President of Executive Organizational Development of Turning Point Brands.
TIO

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08:58 EST Tingo Group announces AFAN adopts Nwassa as exclusive marketplace platform - Tingo Group announced that its trade partner, the All Farmers Association of Nigeria, or "AFAN," has formally adopted Tingo Mobile's Nwassa as its exclusive marketplace platform for its members. "AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria, with branches in all 36 states of Nigeria. In 2022, as part of its strategy to make sustainable agriculture the core foundation of Nigeria's economy, AFAN announced a national program and commitment to register all farmers across Nigeria, with the potential to grow its membership to 60 million. Tingo Mobile is working closely with AFAN to support it in achieving its goal, and to grow its own customer base in Nigeria to 60 million. Supported by a wide-reaching national marketing campaign across Nigeria, AFAN is promoting the Nwassa marketplace platform to all its members, and to potential new members," the company said.
TNXP

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08:57 EST Tonix Pharmaceuticals presents late-breaking data from Phase 2a DUET trial - Terns Pharmaceuticals announced the late-breaking oral presentation of top-line data from its Phase 2a DUET clinical trial of TERN-501, an investigational orally administered thyroid hormone receptor-beta agonist for the treatment of NASH. TERN-501 was evaluated alone and in combination with the Company's liver-distributed farnesoid X receptor vagonist TERN-101. These data will be presented at The Liver Meeting, the annual meeting of the American Association for the Study of Liver Diseases, on Monday, November 13 at 2:00 p.m. ET in Boston, Massachusetts. TERN-501 monotherapy demonstrated significant reductions in liver fat content as early as Week 6. The study met its primary endpoint, with TERN-501 monotherapy demonstrating a mean relative reduction of 27% and 45% at 3 mg and 6 mg doses, respectively, versus a 4% reduction in the placebo group at Week 12; A significantly higher percentage of patients achieved a greater than or equal to30% MRI-PDFF reduction in TERN-501 arms and a greater than or equal to50% reduction with TERN-501 monotherapy at Week 12; TERN-501 monotherapy resulted in a significant and rapid decrease in cT1 with a significantly higher percentage of patients achieving a greater than or equal to80 ms reduction; TERN-501 combined with TERN-101 resulted in efficacy improvement or maintenance compared to TERN-501 monotherapy TERN-501 monotherapy arms demonstrated significant increases in SHBG and improved lipid levels, including significant reductions in apolipoprotein B and a decrease in low-density lipoprotein levels, when combined with TERN-101; TERN-501 was generally well tolerated, with treatment-related adverse events similar to the placebo group; Overall, there were low rates of gastrointestinal AEs reported similarly across all treatment arms; No treatment-related cardiovascular AEs or serious AEs were reported.
CNDT

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08:55 EST Conduent implements toll relief programs for low-income families - Conduent's Conduent Transportation is helping agencies implement programs to ease the financial burden of roadway tolls for motorists, benefiting low-income individuals and families. This summer, the Bay Area Toll Authority and its partners launched two programs with support from Conduent that are now available for drivers with overdue payments from toll violations in the San Francisco area. The first program offers all motorists, regardless of income level, a one-time full or partial violation penalty waiver through September 2024. Partner agencies Golden Gate Bridge and express lane operators also are offering full or partial waivers, which BATA administers. The second program, which offers a payment plan designed to make paying off tolls, fees and penalties easier, is open to any low-income motorists who have received toll violations on Bay Area bridges and express lanes. Those who qualify can have all of their violation penalties waived and can pay off any remaining balance of $100 or more with a payment plan. Conduent Transportation is a provider of automated and analytics-based smart mobility solutions for government agencies.
IRTC

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08:53 EST iRhythm announces results of new retrospective analysis on ECG monitoring - iRhythm Technologies announced the results of a new retrospective analysis, conducted in partnership with Duke Health, that found incorporating ECG data from long-term continuous monitoring can more accurately predict heart failure hospitalization compared to clinical history or risk scores alone. This data was presented at the American Heart Association's 2023 Scientific Sessions in Philadelphia held November 11-13. The findings of this retrospective analysis of 224,682 patients with 14-day long-term continuous monitoring and clinical data show that a new predictive model for heart failure hospitalization that adds ambulatory ECG features to clinical risk factors resulted in a more accurate discrimination of future heart failure hospitalization compared to clinical risk scores such as CHA2DS2-VASc or atrial fibrillation burden alone. The ambulatory ECG findings with the greatest predictive value were the presence of premature ventricular couplets and presence of Afib. Minimal and maximum heart rate, commonly found in over-the-counter wearable devices, were not predictive or informative.
SLS

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08:53 EST Sellas Life Sciences receives favorable FDA feedback on BLA for galinpepimut-S - Sellas Life Sciences concluded a Type C meeting with the FDA regarding the company's Chemistry, Manufacturing, and Controls sections in a potential biologics license application - BLA - for Sellas' lead product candidate, galinpepimut-S, or GPS. Sellas submitted a CMC Briefing Package to the FDA which provided an up-to-date overview of the extensive work completed for the GPS CMC program and commercial manufacturing and regulatory plans. The FDA reviewed this package of data and accompanying questions to the agency and responded with favorable guidance. To date, the company has successfully completed numerous clinical development and CMC objectives in advancing GPS monotherapy into its Phase 3 REGAL study in patients with acute myeloid leukemia in the maintenance setting after achievement of second complete remission.
CMRA

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08:52 EST Comera Life Sciences appoints Dorothy Clarke to board of directors - Comera Life Sciences appointed Dorothy Clarke to its board of directors. . Clarke previously held leadership roles at Johnson & Johnson for over 20 years, including in law, regulatory, compliance and data protection functions.
XELB

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08:52 EST Xcel Brands announces license with ALPHA OES for Longaberger - Xcel Brands announced a new licensing agreement with ALPHA OES, a provider of eCommerce services and strategies for brands. Under the terms of the licensing agreement, ALPHA OES will take over the day-to-day operations for Xcel's Longaberger eCommerce business. "We're excited to partner with ALPHA OES on the Longaberger brand. Since we acquired Longaberger in 2019, we've been able to evolve the business from a direct sales company into a social commerce marketplace for home products featuring Longaberger's American made baskets. We believe that partnering with ALPHA OES, who is an expert in investing in and driving profitable growth eCommerce businesses that show strong brand affinity will help us continue to grow the Longaberger brand and business," said Robert D'Loren, Chairman and CEO of Xcel Brands.
LIFE

Hot Stocks

08:50 EST aTyr Pharma's efzofitimod shows immune function in rheumatoid arthritis - aTyr Pharma announced a presentation for its lead therapeutic candidate, efzofitimod, at the American College of Rheumatology Convergence 2023. The data indicate a critical role for NRP2 in modulating immune responses and suggest the potential of efzofitimod as a therapeutic intervention for RA-ILD and potentially other immune-mediated diseases. "These data highlight the broad anti-inflammatory potential of efzofitimod in treating immune-driven conditions and strengthen the evidence that neuropilin-2 - NRP2 - is an important immune regulator," said Sanjay Shukla, CEO. "Although we remain highly focused on our current clinical development program for efzofitimod in interstitial lung disease, which includes pulmonary sarcoidosis and systemic sclerosis (SSc or scleroderma)-related ILD, this data provides further evidence regarding the potential broader application of efzofitimod in inflammatory diseases beyond these respiratory conditions."
ALGS

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08:49 EST Aligos Therapeutics presents clinical, nonclinical data at AASLD meeting - Aligos Therapeutics announced that clinical and nonclinical data for its thyroid hormone receptor-beta drug, ALG-055009, were presented Saturday, November 11th at The Liver Meeting of the American Association for the Study of Liver Diseases, being held in Boston, Massachusetts, November 10 - 14, 2023. The clinical and nonclinical posters for these data can also be found on the "Scientific Presentations & Conferences" section of the Aligos website. The clinical poster describes a Phase 1 study which evaluated 14 oral daily doses of up to 1.0 mg ALG-055009 solution formulation in hypercholesterolemic subjects. Important highlights include: ALG-055009 was well tolerated with no safety signals identified; No clinical evidence of hyper- or hypo-thyroidism was observed; As expected for a thyromimetic, ALG-055009 dose responsively; Increased sex hormone binding globulin levels; Lowered lipids levels; ALG-055009 exposures increased in a dose proportional manner with low variability and a ~20 hour half-life that supports QD dosing; The planned Phase 2a gelcap formulation delivered exposures ~86% of the solution formulation and did not demonstrate a food effect; The nonclinical poster describes in vitro and in vivo studies which characterize the properties of ALG-055009. Important highlights include: ALG-055009 is 5-47 times more potent than resmetirom and VK-2809; ALG-055009 is more beta selective than resmetirom and VK-2809 in cell based assays Lipid levels decreased in a dose responsive manner in in vivo models; In 13-week repeat dose toxicology studies, ALG-055009 was well tolerated with safety margins supporting dosing in the planned Phase 2a clinical study .
TGL

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08:48 EST Treasure Global executes lock-up agreement with major shareholders - Treasure Global announced the execution of a lock-up agreement with major shareholders, collectively holding 9,983,416 shares, which accounts for 36.40% of the company's outstanding shares. "This strategic move underscores the company's unwavering commitment to stabilizing stock prices and enhancing investor confidence," the company stated. According to the terms of the agreement, the signatories have pledged to refrain from any disposition of common stock or securities convertible into shares of Treasure Global Inc for a duration of one year, starting from November 10, 2023. The agreement allows for certain exceptions, permitting specific transactions such as gifts, family transfers and inclusion in employee benefit plans. "We view this Lock-up Agreement as a testament to our unwavering commitment to fostering a resilient and sustainable investment climate for our valued shareholders," stated Chong Chan "Sam" Teo, Chief Executive Officer of Treasure Global Inc. "We are confident that this initiative, covering a substantial portion of our outstanding shares, will strengthen investor confidence and pave the way for the Company's sustained growth and success."
BIVI

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08:47 EST BioVie announces 'positive' clinical safety data from study of BIV201 - BioVie announced "positive" clinical safety data from the company's Phase 2b open-label study evaluating the efficacy and safety of BIV201, terlipressin administered as a continuous infusion, with standard of care in patients with refractory ascites due to cirrhosis. The data will be highlighted today in a late-breaking poster presentation titled "Safety and Tolerability of Continuous Infusion Terlipressin In Patients with Decompensated Cirrhosis and Refractory Ascites: A Phase 2, Randomized, Controlled, Open-Label Study" at The American Association for the Study of Liver Diseases - AASLD - The Liver Meeting 2023 in Boston, MA. "Our Phase 2b results mark a significant step toward providing a treatment for cirrhosis patients with refractory ascites, of whom face a survival rate as low as 50% within a year of diagnosis.1 Currently, the only options for these patients are transjugular intrahepatic portosystemic shunt surgery or liver transplantation, which are invasive and come with numerous potential life-altering complications," said Cuong Do, BioVie's President and Chief Executive Officer. "These data being presented, coupled with statistically significant efficacy, allowed BioVie to halt the trial prior to completion and further strengthen our confidence in accelerating BIV201's development into Phase 3 trials, which we expect to initiate in Q2 2024."
KNDI

Hot Stocks

08:47 EST Kandi Technologies partners with Peavey Mart to expand products into Canada - Kandi Technologies' wholly owned subsidiary SC Autosports has strategically partnered with Peavey Mart, a farm and ranch retailer with over 270 locations across Canada. Peavey Mart goes to market under both the ACE Hardware Canada and Tractor Supply brands. Through Peavey Mart, Kandi will introduce its full line of electric, environmentally friendly outdoor recreational vehicles to a new market.
IGXT

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08:46 EST IntelGenx reminds shareholders to vote at upcoming special meeting - IntelGenx Technologies wishes to remind its shareholders of record as of October 2, 2023 of the importance of a vote FOR the various proposals detailed below at the upcoming special meeting of Shareholders to be held on November 28, 2023 as a virtual meeting only. At the Special Meeting, Shareholders will be asked to vote: to amend the certificate of incorporation of the Company to increase the authorized common stock from 450,000,000 shares of common stock to 580,000,000 Shares; to approve for purposes of complying with Sections 607(e) and 607(i) of the Toronto Stock Exchange Company Manual, the issuance of Shares at prices which may be less than the minimum price permitted under the rules of the TSX in connection with certain financing transactions involving atai Life Sciences AG previously disclosed by the Company on August 31, 2023, as further described in the proxy statement of the Company dated October 16, 2023; to approve for purposes of complying with Section 607(g)(i) of the TSX Company Manual the issuance of Shares in excess of 24.99% of the issued and outstanding Shares in connection with the Financing Transactions, as further described in the Proxy Statement; to approve for purposes of complying with Section 607(g)(ii) of the TSX Company Manual, the issuance of Shares to "insiders" of the Company in excess of 9.99% of the issued and outstanding Shares in connection with the Financing Transactions, as further described in the Proxy Statement; and to approve the adjournment of the Special Meeting, if necessary, to continue to solicit votes in favor of the foregoing proposals.
PVCT

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08:45 EST Provectus updates data on cancer immunotherapy PV-10 for uveal melanoma - Provectus provided updated data from an ongoing Phase 1 clinical trial of investigational cancer immunotherapy PV-10 - rose bengal sodium - for the treatment of uveal melanoma metastatic to the liver. mUM patients enrolled in this study received 1 or more cycles of PV-10 injection into 1 or more hepatic metastases. Where indicated, standard of care immune checkpoint blockade, as either monotherapy pembrolizumab or the combination of ipilimumab and nivolumab, was also administered. To date, 25 mUM patients have received monotherapy PV-10 or PV-10 in combination with CB. Acceptable safety was observed, with no mortality or permanent Grade 3 or higher morbidity attributed to study treatment. 1 patient achieved complete response - 4% -, 7 patients achieved partial response - 28% -; 32% objective response rate, and 8 patients achieved stable disease - 32% -; 64% disease control rate. Median overall survival of all patients was 11.0 months. All CMR patients are alive after a median follow-up of 39 months - 3.3 years -, range 24.6-61.6 months. mOS has not been reached yet, and CMR patients represent 24% of M1a patients and 16% of all patients. To confirm these initial results, additional M1a patients in a dedicated study cohort will receive PV-10 in combination with standard of care ipilimumab and nivolumab.
OSIS

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08:44 EST OSI Systems gets multiple orders for approximately $4M for missile component - OSI Systems announced that its Optoelectronics and Manufacturing division has received multiple orders for approximately $4M in aggregate to provide missile guidance and detection components to a leading defense electronics original equipment manufacturer.
ALCO

Hot Stocks

08:43 EST Alico to attend Annual AGTech Answers Conference - Alico announced that John Kiernan, the Company's CEO and President, and Bradley Heine, the Company's CFO, will attend the 3rd Annual AGTech Answers Conference, held in New York, NY, on November 14, 2023. COMPANY HISTORY: Over 125 years of experience, currently managing approximately 50,000 acres of citrus groves in 31 locations across 7 counties. Top citrus grower in the US and primary supplier to Tropicana, a leading orange juice brand in the US. Recognized within the citrus industry for exceptional caretaking practices, one result being a new partnership with a large citrus grower to manage another 2,500 acres of citrus groves, with expenses reimbursed and a management fee paid per acre for its services. CITRUS OPERATIONS: Alico is still recovering from the aftermath of Hurricane Ian in 2022, which damaged half of its crops intended for the 2023 harvest season. Alico hopes to receive federal disaster relief funds from the Consolidated Appropriations Act that was passed into law December 2022, but cannot determine the amount of relief for which it may be eligible. Alico continues to support Florida Citrus Mutual, its industry trade group, and government agencies as they work to finalize federal relief programs. Over 35% of Alico's trees have been treated with an oxytetracycline or 'OTC' injection since January 2023 to combat citrus greening with the goal to improve fruit quality and decrease fruit drop rate. Full extent of its benefits will not be measurable until after the 2024 harvest. Alico is confident that its crop recovery in the 2024 harvest season will be significant because of its exceptional caretaking practices, proactive OTC treatment, and the maturing of over 2 million trees planted by the Company since 2017. REAL ESTATE: On September 18, 2023, Alico signed a contract with the State of Florida to sell its remaining 17,000 acres of the Alico Ranch for roughly $77.6 million. The deal is anticipated to close before February of 2024. Once closed, the pending contract will result in a total of approximately 69,000 acres of the Alico Ranch sold for $226 million to over 25 buyers since 2018. Plans for use of proceeds are being finalized, with reducing balances on revolving and working capital credit lines incurred since Hurricane Ian in September 2022 a priority. Repayment of variable rate debt balances without penalty is also a likely use of net proceeds from the sale. Alico continues to evaluate all of its properties to explore creative solutions to enhance and extract value. Alico seeks to provide nvestors with the benefits and stability of a conventional agriculture investment with the optionality that comes with active land management. Alico recently concluded its work with land-use planning professionals to evaluate the long-term potential value of our real estate assets. This led to the commencement of the multi-year entitlement process for a 4,500-acre grove near Fort Myers in Collier County. Alico plans to continue citrus operations while exploring the property's highest and best use. FINANCIALS Consistent with our past practices, all future capital allocation decisions will be evaluated to maximize returns to shareholders. Alico has also been notified that all shareholder litigation related to the balance sheet restatement last December has been voluntarily dismissed without prejudice by the plaintiffs.
INGN

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08:42 EST Inogen appoints Kevin Smith as CEO - Inogen announced that its board of directors has appointed Kevin Smith as Inogen's president and CEO and a member of the board of directors, effective immediately, succeeding Nabil Shabshab. Smith brings more than 20 years of commercial leadership experience in the medical device industry, including respiratory care and durable medical equipment businesses. He most recently served as CEO at Sirtex Medical.
TIO

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08:42 EST Tingo Group CFO Amir Ayalon moves to part-time consulting role - Tingo Group announced a change of personnel in connection with the role of Group CFO. Amir Ayalon, who accepted the position of Group CFO on October 2, 2023, has moved into a part-time consultancy role due to a significant change in his personal circumstances. Mr. Ayalon, currently residing in Israel, cited personal difficulties and family commitments stemming from the conflict in the region, which combined with associated travel restrictions, has meant it is no longer possible for him to devote the time and attention required to properly fulfill his duties as CFO of the Group. Mr. Ayalon and the Company have entered into a consulting agreement, wherein Mr. Ayalon will continue to provide financial advisory services to the Company on a part-time basis. Kevin Chen, the Group's prior Chief Financial Officer, who currently serves as the CFO for the Company's operations in Asia, has agreed to resume his duties as Group CFO on an interim basis, pending his formal appointment by the Company's Board of Directors later this week. The Company, with the assistance of Messrs. Ayalon and Chen, as well as the Board of Directors and a leading global executive recruitment agency, will now commence a search for an industry-experienced permanent CFO
DARE

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08:40 EST Dare Bioscience to present Phase 2b results of Sildenafil Cream in FSAD - Dare Bioscience and its collaborator Strategic Science & Technologies, a Cambridge, MA based novel topical drug delivery company, announced that preliminary efficacy findings from the exploratory Phase 2b RESPOND clinical study of Sildenafil Cream, 3.6% in women with female sexual arousal disorder - FSAD - will be presented at the upcoming Sexual Medicine Society of North America 24th Annual Meeting. Andrew Goldstein, Medical Advisor for Dare Bioscience, said, "The results I will discuss highlight important attributes and meaningful improvements across the women who benefitted from Sildenafil Cream treatment most significantly in this study, which included women with not only female sexual arousal disorder but also those who suffered from a lack of sexual desire along with decreased arousal." "The findings from this study in arousal, desire, and orgasm among the women treated with Sildenafil Cream support the potential of Sildenafil Cream to provide improvements across the sexual experience continuum, as has been seen among men treated for erectile dysfunction with sildenafil products," said James Simon, Clinical Professor, Obstetrics and Gynecology, George Washington University. Sildenafil is the active ingredient in a tablet for oral administration currently marketed under the brand name Viagra for the treatment of ED in men. Sildenafil Cream is an investigational, proprietary topical cream formulation designed to be used on-demand at the time of sexual activity to increase blood flow to the genital tissue in women. If development is successful, Sildenafil Cream has the potential to be the first product approved by the FDA to treat any form of arousal disorder in women.
CUTR

Hot Stocks

08:40 EST Cutera appoints Stephana Patton J.D. Chief Legal Officer - Cutera announces the appointment of Stephana Patton, Ph.D., J.D. as Chief Legal Officer, effective November 13...Patton will report directly to Taylor Harris, Cutera's Chief Executive Officer, and will be responsible for leading the legal, compliance, intellectual property and human resources functions. Dr. Patton brings over two decades of legal experience, focused on the life sciences industry both in private practice and as in-house counsel, to Cutera.
DXR

Hot Stocks

08:38 EST Daxor presents data from Phase 1 NIH sponsored RCT on BVA-100 - Daxor Corporation announces the presentation of data from a Phase I National Institute of Health sponsored randomized control trial from two Veterans Affairs Medical Centers, validating treatment decisions guided by the Company's BVA-100 diagnostic blood test benefitted patients with acute decompensated heart failure. Data were presented at the American Heart Association Scientific Sessions 2023 at the Pennsylvania Convention Center in Philadelphia, PA on November 11, 2023. Key findings included: This successful pilot study paves the way for further funding opportunities tied to a Phase II project now that both the need for blood volume analysis and the practicality of applying its results has been demonstrated; Data showed that on average 7 out of 10 ADHF patients are not being accurately diagnosed. BVA was more accurate than clinical assessment which was correct only 53% for volume and 56% for anemia; A BVA-guided treatment protocol was successfully incorporated into the clinical workflow for ADHF; Volume-appropriate treatment was significantly more likely in patients who received BVA-guided care showing that the results of BVA can be applied by clinicians in real-time in the clinical setting; The study titled, "Clinical Assessment of Volume Status in Heart Failure is Inaccurate at Detecting Hypervolemia and Anemia as Quantified by Blood Volume Measurement," prospectively compared the standard of care treatment decisions to those in a BVA-guided fluid management protocol. Clinical assessments of volume status and anemia were collected for all patients prior to BVA measurement at hospital admission and post-discharge. The results showed that the accuracy of volume status and anemia as determined by clinical assessment was only 53% and 56%, respectively, compared to BVA indicating that approximately 7 out of every 10 patients did not receive an accurate diagnosis of their volume condition. Patients in the BVA-guided arm received treatment informed by the BVA test results, in the blinded arm volume was only assessed using clinical tools and biomarkers absent the BVA results.
LEGN NVS

Hot Stocks

08:38 EST Legend to get $100M from Novartis in license pact for CAR-T therapy for DLL3 - Legend Biotech Corporation (LEGN) announced that Legend Biotech Ireland Limited, a wholly owned subsidiary of Legend Biotech, has entered into an exclusive, global license agreement with Novartis Pharma (NVS) for certain Legend Biotech chimeric antigen receptor T-cell cell therapies targeting DLL3, including its autologous CAR-T cell therapy candidate, LB2102 .1 The License Agreement grants Novartis the exclusive worldwide rights to develop, manufacture and commercialize these cell therapies, and Novartis may apply its T-Charge platform to their manufacture. Legend Biotech is initiating clinical development of LB2102 for the treatment of extensive stage small cell lung cancer and large cell neuroendocrine carcinoma after the U.S. Food and Drug Administration cleared its investigational new drug application in 2022. In 2023, the FDA granted the product candidate Orphan Drug Designation, a status conferred to drugs or biologics that are intended to treat, diagnose or prevent rare diseases and conditions.Under the License Agreement, Legend Biotech will conduct a Phase 1 clinical trial for LB2102 in the U.S. Novartis will conduct all other development for the licensed products. Under the terms of the License Agreement, Legend Biotech will receive a $100M upfront payment and will be eligible to receive up to $1.01B in clinical, regulatory and commercial milestone payments and tiered royalties. Closing of the transaction is subject to the parties' receipt of any necessary consents or approvals, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
TENX

Hot Stocks

08:36 EST Tenax Therapeutics' IND application for TNX-103 cleared by FDA - Tenax Therapeutics announced that the FDA has reviewed and cleared the company's Investigational New Drug - IND - Application for TNX-103 oral levosimendan for the treatment of pulmonary hypertension with heart failure with preserved ejection fraction - PH-HFpEF -, enabling Tenax to proceed with the first of two Phase 3 studies. The LEVEL Study is expected to launch in Q4 2023.
FRTX

Hot Stocks

08:34 EST Fresh Tracks schedules special meeting for November 16 - On September 19, 2023, Fresh Tracks announced a proposed plan of liquidation and dissolution and its intent to discontinue all clinical and preclinical development programs and reduce the Company's workforce. Historically, Fresh Tracks was a clinical-stage pharmaceutical company striving to transform patient lives through the development of innovative and differentiated prescription therapeutics. The Company's pipeline aimed to disrupt existing treatment paradigms and featured several new chemical entities that inhibit novel targets with first-in-class potential for autoimmune, inflammatory, and other debilitating diseases. The Company's board of directors and executive management team conducted a comprehensive process to explore and evaluate strategic alternatives with the goal of maximizing stockholder value. Potential alternatives that were under evaluation included, but were not limited to, a financing, a merger or reverse merger, the sale of all or part of the Company, licensing of assets, a business combination, and/or other strategic transactions or series of related transactions involving the Company. On September 18, 2023, after conducting an extensive, months-long potential strategic alternatives process, including four unsuccessful attempts to find a merger or reverse merger partner due to the potential acquirer's inability to secure its own necessary financing and/or inability to offer adequate value to consummate the transaction, and combined with the unsuccessful outreach to approximately 125 other possible counterparties and investors who operate or invest in both life sciences and other industry sectors, the Board unanimously approved the Company's proposed liquidation and dissolution and the Plan of Dissolution, subject to the approval of the Company's stockholders. In connection with the Plan of Dissolution, effective October 2, 2023, the Company discontinued all clinical and preclinical development programs and terminated most of its employees, except for certain employees, consultants, and advisors who will supervise or facilitate the dissolution and wind down of the Company, if approved by the Company's stockholders. Fresh Tracks plans to hold a special meeting of stockholders on November 16, 2023 to seek stockholder approval of the Dissolution and the Plan of Dissolution and has filed proxy materials relating to the Special Meeting with the Securities and Exchange Commission. If the Dissolution and the Plan of Dissolution are approved by the Company's stockholders, based on currently available information, the Company estimates that it will have in the range between approximately $5.0 million and $7.0 million of cash available to be distributed to stockholders in connection with the Dissolution, which implies a per share distribution range of $0.84 to $1.17 per share of common stock. Distributions, if any, to the Company's stockholders may be paid in one or more distributions over a period of several years. Such distributions will not occur until after the Certificate of Dissolution is filed, which the Company intends to do as soon as practicable after stockholder approval, if such approval is obtained.
NVEI

Hot Stocks

08:34 EST Nuvei integrates BLIK into its APM suite for eCommerce - Nuvei Corporation announces that it has added direct connectivity to BLIK, the leading mobile payment method in Poland, into its suite of 669 APMs available for eCommerce businesses to offer through a single integration. BLIK enables users to make instant payments directly through their mobile banking app. In addition to traditional BLIK payments, Nuvei also enables merchants to offer BLIK One Click. Nuvei Chair & CEO commented: "It is critical for eCommerce businesses to offer their customers a choice of all the payment methods they prefer, and BLIK is rapidly becoming one of the most relevant payment methods in Poland. Adding BLIK to our suite of over 600 APMs through a single integration enables our partners to efficiently reach their customers more completely."
DRIO

Hot Stocks

08:33 EST DarioHealth publishes new research on Dario Users - DarioHealth announced new research presented at the Diabetes Technology Society 2023 Meeting on November 7, 2023. The new research demonstrated the value of associating physical activity tracking alongside blood sugar tracking for people living with diabetes and pre-diabetes. The new study examined the blood glucose and walking data of 989 Dario users to understand the impact of integrating clinical and behavioral data in a single digital app-based experience. The results demonstrated significantly reduced blood glucose levels in the first four months of using Dario and increased step levels in the same timeframe maintained for 12 months. In addition, the results demonstrated clinically significant reductions in blood glucose levels in users who tracked at least 400 steps per day. "I believe this new research shows the potential for an integrated digital solution to help people manage their overall health. We are excited to share this new data as another example of how our highly personalized approach to improving behaviors can help people take control of their overall health and realize better results," said Yifat Hershcovitz, Ph.D., Vice President of Clinical and Scientific Affairs at Dario.
RMAX DISH

Hot Stocks

08:32 EST Re/Max Holdings names Carlson as CEO, board member - RE/MAX Holdings (RMAX) announced that following a comprehensive search, the Company's Board of Directors has appointed Erik Carlson as Chief Executive Officer and a member of the RE/MAX Holdings Board of Directors, effective today. Carlson was most recently President and CEO of DISH Network (DISH), a Fortune 200 connectivity company, where he ran DISH's two largest businesses, DISH TV and SLING TV.
NVEE

Hot Stocks

08:29 EST NV5 Global awarded $7M in contracts by North Carolina Dept. of Transportation - NV5 Global has been awarded approximately $7M in contracts by the North Carolina Department of Transportation to support critical infrastructure projects throughout the state. NV5 was awarded a two-year, $4M contract to provide feasibility and corridor studies, design evaluations, traffic analyses, NEPA/SEPA planning, and public outreach services to support highway infrastructure projects. NV5 was also awarded a $3M contract for bridge design, preservation, and replacement planning and design. The two-year project scope includes basic to complex highway structures including bridges, culverts, retaining walls, and utility attachments.
SPEC

Hot Stocks

08:29 EST Spectaire Holdings, Sankofa sells $750,000 of carbon offset credits - Spectaire Holdings announced the sale of 12,500 carbon offset credits for $750,000 with Sankofa acting as broker to the transaction. This transaction marks a significant milestone in the carbon offset marketplace, as management believes these credits will be some of the first credits sold based on measurement of actual emissions in the field.
OXLC

Hot Stocks

08:28 EST Oxford Lane estimates NAV per share $4.66-$4.76 as of October 31 - Oxford Lane Capital Corp announced the following net asset value estimate as of October 31, 2023. Management's unaudited estimate of the range of the NAV per share of our common stock as of October 31, 2023 is between $4.66 and $4.76. This estimate is not a comprehensive statement of our financial condition or results for the month ended October 31, 2023. This estimate did not undergo the Company's typical quarter-end financial closing procedures and was not approved by the Company's board of directors. We advise you that our NAV per share for the quarter ending December 31, 2023 may differ materially from this estimate, which is given only as of October 31, 2023. As of October 31, 2023, the Company had approximately 208.9 million shares of common stock issued and outstanding.
ICPT

Hot Stocks

08:28 EST Intercept's OCA-bezafibrate combination achieves remission in PBC - Intercept Pharmaceuticals announced new data from two Phase 2 studies, including a topline full data analysis and an interim analysis, evaluating the effects of the investigational combination of farnesoid X receptor agonist, obeticholic acid and peroxisome proliferator-activated receptor agonist, bezafibrate, on multiple key serum biomarkers in primary biliary cholangitis - PBC - that have been shown to predict clinical outcomes. The primary endpoint of both studies is change in alkaline phosphatase from baseline to Week 12. OCA5-10/B400 SR showed a -60.6% change in ALP from baseline at week 12 - primary endpoint -. At week 12, OCA5-10/B400 SR induced biochemical remission in 44.4% of patients vs. 31.6% in B400 SR, 31.6% in OCA5-10/B200 IR and 15.8% in B200 IR. 66.7% of patients in the OCA5-10/B400 SR arm achieved normalization of ALP and 100% achieved TB less than or equal to0.6xULN at week 12. OCA5/B400 IR showed a -65.4% change in ALP from baseline at week 12 - primary endpoint -. At week 12, OCA5/B400 IR induced biochemical remission in 40.0% of patients compared to 18.2% in B400 IR, 11.1% in OCA5/B100 IR and 9.1% in B100 IR. 70.0% of patients in the OCA5/B400 IR arm achieved normalization of ALP and 90.0% achieved TB less than or equal to0.6xULN at week 12. The frequency of treatment-emergent adverse events was generally balanced across all arms in both studies. The company is continuing its two ongoing Phase 2 studies exploring a range of therapeutic doses and formulations for the combination of OCA and bezafibrate. The company expects to have the necessary data from the OCA-bezafibrate combination program to submit a request in 2023 for an End-of-Phase 2 meeting with the FDA.
ENPH

Hot Stocks

08:27 EST Enphase Energy launches IQ8P microinverters in Brazil - Enphase Energy has started shipping IQ8P Microinverters, with peak output AC power of 480 W, in Brazil to support newer high-powered solar modules. This announcement follows the launch of the Enphase Solargraf platform in Brazil. Solargraf is a cloud-based, all-in-one design and proposal software platform that is used by solar installers to help simplify and accelerate the end-to-end sales process and installation for solar customers, allowing them interactive access to design their own home energy systems.
MBRX

Hot Stocks

08:27 EST Moleculin Biotech announces interim data in annamycin trials - Moleculin Biotech provided a preliminary update on recent clinical activity and expected near term milestones across its clinical development pipeline in its quarterly filing with the Securities and Exchange Commission. "Having 38% of subjects with a median age of 68 in our MB-106 AML study receiving a full course of Annamycin show a complete response with durability of up to approximately 8 months and counting, we believe, is exceptional while also demonstrating no cardiotoxicity," Dr. Paul Waymack, Senior Chief Medical Officer said. "Adding to this, we are showing in our Phase 1B/2 study with Annamycin treating soft tissue sarcoma with pulmonary metastases for subjects with no limit on prior therapies PFS of 2.2 months or better for 59% of the subjects. In subjects with fewer prior therapies and dosed with Annamycin at or below 330 mg/m2, this increased to 78% and, additionally, we are showing PFS of 3.4 months for 56% of these subjects. Having a preliminary median of 11.3 months of overall survival once the subject has entered into our Phase 1B study, is exciting as these subjects were heavily pre-treated. For the overall study, we have an opportunity for the Extended OS and PFS data to get better as subjects continue to be monitored."
ATVI

Hot Stocks

08:26 EST Activision Blizzard, QYOU partner with social creators to support game launch - Activision (ATVI) and media agency QYOU USA, a division of QYOU Media, have launched a unique creator driven campaign for the latest installment of the iconic Call of Duty franchise, Modern Warfare III, which hit shelves on November 10, 2023. The marketing campaign features five leading, cross platform creators who set a new standard in influencer activation with the merger of digital marketing, online content and "IRL" production. As part of this year's campaign, QYOU was responsible for casting a top-tier, timely and culturally relevant "creator squad" to participate in the streamed showcase event, Call of Duty: NEXT, and participate as background actors for a highly produced live action trailer, "The Lobby."
IOBT ELVN

Hot Stocks

08:26 EST IO Biotech appoints Helen Collins to board of directors - IO Biotech announced the appointment of Helen Collins, MD, to its board of directors. Dr. Collins is an industry veteran with significant experience in oncology/hematology drug development and will serve on the Research and Development Committee of the Board. Dr. Collins joins the IO Biotech board of directors with more than 25 years of medical experience. She is currently the Chief Medical Officer at Enliven Therapeutics.
VIR

Hot Stocks

08:25 EST Vir presents data on CHD, CHB trials at AASLD's The Liver Meeting - Vir Biotechnology announced it will be presenting new data from its ongoing Phase 2 SOLSTICE and MARCH trials evaluating the potential clinical impact that VIR-3434, an investigational monoclonal antibody mAb , and VIR-2218, an investigational small interfering ribonucleic acid siRNA , could have for chronic hepatitis delta CHD and chronic hepatitis B CHB patients at the American Association for the Study of Liver Diseases AASLD The Liver Meeting. These include one late-breaking oral presentation and one late-breaking poster presentation. Initial data to be presented in a late-breaking oral presentation from the ongoing Phase 2 SOLSTICE clinical trial demonstrated that after three subcutaneous doses of either VIR-3434 or VIR-2218 monotherapy, six patients rolled over into combination therapy with VIR-3434 and VIR-2218. Of the five participants receiving combination therapy who have reached Week 12, 100% had HDV RNA less than the lower limit of quantification1 with 80% having undetectable HDV RNA2. "CHD impacts over 12 million people worldwide and approximately 100,000 people here in the United States," said Phil Pang, M.D., Ph.D., Vir's Executive Vice President, Chief Medical Officer. Company is also evaluating VIR-3434 as monotherapy given twice monthly as part of the SOLSTICE trial.
BKYI

Hot Stocks

08:25 EST BIO-key showcases authentication innovations Boston Cyber Security Summit - BIO-key International announced the company will sponsor the seventh annual Boston Cyber Security Summit. The one-day event will be held at the Westin Copley Place on November 14th. BIO-key will showcase its differentiating capability on center stage to high-level decision makers, including: FIDO2-compliant passwordless authentication options that include phoneless and tokenless MFA, in addition to offering all of the traditional multi-factor authentication approaches commonly used in mainstream MFA solutions. Unlike any other product or solution in the authentication category, BIO-key's IBB allows users to take advantage of a true biometric passwordless authentication solution that does not require the use of phones or tokens to assist in the authentication process. With phish-resistant MFA and passwordless authentication top of mind for organizations of all sizes and across all industries, conference attendees will learn how the company's award-winning unified IAM platform, PortalGuard(R), along with Identity-Bound Biometrics, helps fill a critical business use case that traditional MFA overlooks - users who cannot use a phone or token to authenticate.
PAPL

Hot Stocks

08:25 EST Pineapple Financial retains Skyline Corporate to provide investor relations - Pineapple Financial announced it has retained the services of Skyline Corporate Communications Group to manage its investor relations and corporate communications activities within the financial community. Skyline Corporate Communications Group, with offices in Boston and New York City, is an investor relations and corporate communications firm that provides strategic messaging and investor communications consulting services for public corporations. Shubba Dasgupta, Co-Founder & CEO of Pineapple Financial, stated: "Our recent initial public offering on the NYSE American stock exchange is a new chapter in the Company's development. Our commitment to telling the Pineapple Financial story to a broader investor base and our upcoming milestones and company developments prompted Pineapple Financial to select Skyline as our investor relations firm." Dasgupta added, "Pineapple believes that Skyline's strong reputation, communications strategies, methodologies, and standards are an excellent pairing for us as we enter an expansion phase for the Company. Skyline is a skilled partner who will work closely with the Pineapple management team to communicate our message to the investing public."
FWRD

Hot Stocks

08:23 EST Forward Air files answer, counterclaim against Omni Newco - Forward Air announced that it has filed under seal an answer and counterclaim against Omni Newco in the Delaware Court of Chancery relating to the transactions contemplated by the merger agreement, dated August 10, entered into by Forward, Omni and certain other parties. As previously disclosed by Forward, on October 31, Omni filed a complaint against Forward in the Delaware Court of Chancery alleging, among other things, that Forward is in breach of its obligation to close the transactions contemplated by the merger agreement and seeking specific performance to compel Forward to close and related declaratory relief. On Friday, November 10, Forward filed its response to the complaint and a counterclaim for declaratory relief. Forward intends to file a public version of its answer and counterclaim by November 17. Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the merger agreement. Because of Omni's continuous delays and repeated misrepresentations, Forward no longer believes Omni to be acting in good faith with respect to the merger agreement. Consequently, Forward believes the closing condition contained in Section 8.02 of the merger agreement will not be satisfied at the anticipated closing of the transactions under the merger agreement. Forward is seeking an order from the Delaware Court of Chancery declaring that it is not obligated to close the transaction and that it is entitled to terminate the merger agreement.
VTRS TBPH

Hot Stocks

08:23 EST Viatris, Theravance announce top-line results from YUPELRI Phase III trial - Viatris (VTRS) and Theravance Biopharma (TBPH) announced positive results from the YUPELRI Phase III placebo-controlled clinical trial conducted in China assessing the efficacy and safety of YUPELRI, a once-daily nebulized long-acting muscarinic antagonist, LAMA, for the maintenance treatment of patients with COPD. Top-line results showed that YUPELRI met its primary efficacy endpoint demonstrating a statistically significant increase in trough FEV1 versus placebo. The results are comparable to those from studies of the same design used for U.S. registration and provide support for a regulatory filing in China anticipated to occur in mid-2024. Top Line Results Highlights: A total of 258 patients enrolled with 257 included in safety and full analysis sets. Both groups were well balanced for baseline characteristics with 129 treated with YUPELRI and 128 treated with placebo. Study population was moderate to very severe COPD patients with mean baseline FEV1 approximately 50% predicted. Approximately two-thirds of patients remained on long-acting beta-2 agonist/inhaled corticosteroids throughout the study. Primary efficacy analysis of change from baseline in trough FEV1 measured 24 hours after the final dose at week 12 detected a mean treatment difference of 150.9 mL compared to placebo. Safety and tolerability profile assessed by summary of adverse events consistent with U.S. package insert
AEMD

Hot Stocks

08:22 EST Aethlon Medical appoints Frakes as interim CEO, Cipriani as COO - Aethlon Medical announced that James Frakes, M.B.A., Chief Financial Officer of the Company, was appointed as Interim Chief Executive Officer, CEO, replacing Charles Fisher, Jr. M.D. Frakes also was appointed as a member of the Board of Directors and will remain as Chief Financial Officer of the Company. Additionally, Guy Cipriani, formerly Chief Business Officer, has been appointed as the Company's Chief Operating Officer, COO, and has resigned from the Board of Directors. Each of the appointments and the resignation took effect on November 7, 2023.
FTFT

Hot Stocks

08:20 EST Future FinTech announces closing of acquisition of Alpha International - Future Fintech Group announced that on November 7, 2023, its wholly-owned subsidiary, Future FinTech, completed the acquisition of Alpha International Securities and Alpha Information Services Shenzhen Limited. The names of the two entities were subsequently changed to 'FTFT International Securities and Futures Limited' and 'FTFT Information Services Co. Ltd.', respectively. Shanchun Huang, Chief Executive Officer of Future Fintech, commented, "This acquisition will create excellent synergies with our Hong Kong subsidiary, Nice Talent Asset Management Limited, our UK payment remittance subsidiary FTFT Pay, cryptocurrency mining businesses in Ohio and Paraguay as well as other financial services businesses under development. We believe that FTFT International Securities and Futures Limited will play an important role in the continued transformation of FTFT as we internationalize and diversify our business revenue. We aim to become a diversified fintech company that combines a variety of boutique financial services and innovative new business platforms to provide best-in-class financial services to our clients."
CBAY

Hot Stocks

08:19 EST CymaBay announces results from RESPONSE Phase 3 study of seladelpar - CymaBay Therapeutics announced that the results from its RESPONSE Phase 3 registration study evaluating seladelpar, a potent, selective, orally-active delpar, or PPAR agonist, in adult patients with primary biliary cholangitis will be featured as an oral presentation in today's Late Breaker Session of the American Association for the Study of Liver Diseases', AASLD, The Liver Meeting 2023 in Boston, Massachusetts. RESPONSE was a double-blind, placebo-controlled, global study of one-year duration that randomized 193 PBC patients in a 2:1 ratio to seladelpar 10 mg or placebo, once daily. The primary endpoint was a composite of ALP and total bilirubin previously accepted by the U.S. Food and Drug Administration and European Medicines Agency for registration studies in PBC. The composite endpoint was achieved in 61.7% of patients on seladelpar vs. 20.0% on placebo. The key secondary endpoint of ALP normalization occurred in 25% of patients receiving seladelpar vs. 0% for patients on placebo. The average decrease in ALP for patients on seladelpar was -133.9 U/L vs. -16.9 U/L for patients on placebo. Compared to placebo, seladelpar reduced alanine aminotransferase at Month 12 by 23.5% vs. 6.5% and gamma-glutamyl transferase by 39.1% vs. 11.4%. The study also measured change in patient-reported pruritus, as a key secondary endpoint using the daily numerical rating scale. The pruritus endpoint was met at Month 6 among patients with baseline NRS greater than 4 reporting decreases of 3.2 points with seladelpar vs. 1.7 for patients on placebo. Notably, these improvements were sustained through Month 12. Approximately 37.3% of patients enrolled had moderate-to-severe pruritus based on an NRS score greater than or equal to 4 at baseline. A statistically significant reduction in pruritus was also observed at Month 6 and at Month 12 for patients in the intent-to-treat population, which includes all patients irrespective of their NRS score at baseline.
CMMB

Hot Stocks

08:17 EST Chemomab Therapeutics presents new data on CM-101, CCL24 - Chemomab Therapeutics reported on its oral and poster presentations at AASLD's The Liver Meeting 2023, being held November 10-14, 2023. In an oral presentation by Ilan Vaknin, PhD, Chemomab's Vice President of R&D, analysis of serum samples from patients with primary sclerosing cholangitis provided further evidence that the soluble protein CCL24 is associated with key inflammatory and fibrotic pathways implicated in the liver damage characterizing PSC.1 Chemomab's first-in-class monoclonal antibody CM-101 is designed to neutralize CCL24 and normalize PSC's fibro-inflammatory disease processes. CM-101 is currently in a Phase 2 trial in PSC patients that is advancing towards completion of enrollment. A top-line data readout is expected in the second half of next year. There currently are no FDA-approved therapies for this devastating, often lethal disease. A poster presentation hosted by Matt Frankel, MD, Chief Medical Officer of Chemomab, described key findings from proteomic analyses of serum samples at baseline and after 16 weeks of treatment with CM-101 from the company's Phase 2a liver fibrosis trial in patients with nonalcoholic steatohepatitis. These analyses demonstrated consistent and significant reductions in liver-related pathology pathways that lead to liver damage, activation of liver fibroblasts and liver steatosis. Moreover, proteomic analysis showed that CM-101 treatment led to significant downregulation in multiple immune-related pathways, along with an increase in metabolic pathways associated with improved glucose and fat metabolism. The study also indicated that CM-101 has a strong and specific target engagement profile for CCL24.
TEVA RPRX

Hot Stocks

08:17 EST Royalty Pharma to fund up to $125M for LAI Program in collaboration with Teva - Teva Pharmaceuticals International GmbH, a subsidiary of Teva Pharmaceutical Industries(TEVA) and Royalty Pharma (RPRX), announce a collaboration to further accelerate the clinical research program for Teva's olanzapine LAI TEV-'749 by entering into a funding agreement of up to $125M to offset program costs. Olanzapine LAI TEV-'749 is a once-monthly subcutaneous long-acting injection of the atypical antipsychotic olanzapine that is currently in Phase 3 for the treatment of schizophrenia and has the potential to be the first long-acting olanzapine with a favorable safety profile. "Since launching Teva's Pivot to Growth strategy in May 2023, we have been working on novel and expedited ways to both continue to invest in our robust innovative pipeline while supporting the growth of our in-line businesses," said Richard Francis, President and CEO of Teva. "We are excited to collaborate with Royalty Pharma, a leading funder of innovation with a strong track record, experience, and reputation. This funding agreement enables us to continue to accelerate the development of olanzapine LAI TEV-'749 , a critical program for us, without impacting resources dedicated to our innovative and generic medicines." Under the agreement, Royalty Pharma will provide Teva up to $100M option to increase the total funding amount to $125M. Upon U.S. Food and Drug Administration approval, Teva will pay Royalty Pharma the total amount funded over five years, as well as low to mid-single digit royalties upon commercialization. If Teva chooses not to file a New Drug Application with the FDA following positive Phase 3 study results, then Teva will pay an amount equal to 125% of the total amount funded. Teva will lead the development and commercialization of olanzapine LAI TEV-'749 globally.
SELB RNAC

Hot Stocks

08:16 EST Selecta Biosciences announces merger with Cartesian Therapeutics - Selecta Biosciences has merged with Cartesian Therapeutics, Inc., a clinical-stage biotechnology company pioneering RNA cell therapies for autoimmune diseases. In connection with the merger, Selecta announced a $60.25 million private financing led by Timothy A. Springer, Ph.D., member of the Selecta Board of Directors. With the cash from both companies at closing and the proceeds of the concurrent private financing, the combined company is expected to have over $110 million on hand to support the development of the Cartesian pipeline through the Phase 3 study of lead product candidate, Descartes-08, a potential first-in-class RNA-engineered chimeric antigen receptor T-cell therapy for the treatment of MG, as well as the advancement of additional RNA cell therapy programs. Concurrent with the merger, the combined company has been renamed Cartesian Therapeutics, Inc. The Company's Nasdaq ticker symbol will change to "RNAC" effective prior to the opening of trading tomorrow, November 14, 2023. The combined company will be led by Selecta's Chief Executive Officer, Carsten Brunn, Ph.D., and current Chief Financial Officer, Blaine Davis, as well as several members of the legacy Cartesian team, including Metin Kurtoglu, M.D., Ph.D., as Chief Operating Officer, Milos Miljkovic, M.D., as Chief Medical Officer, Chris Jewell, Ph.D., as Chief Scientific Officer, and Emily English, Ph.D., as Vice President of Quality. Matthew Bartholomae, J.D., Selecta's General Counsel, will continue to serve in this role. The combined company's Board of Directors will be led by current Selecta Chairman Carrie S. Cox and will include, among others, current Selecta board member Timothy Springer, Ph.D., as well as Cartesian Co-Founders Murat Kalayoglu, M.D., Ph.D., and Michael Singer, M.D., Ph.D. All members of the Selecta Board of Directors prior to the merger will continue to serve on the Board of Directors following the closing of the transaction. The merger was structured as a stock-for-stock transaction pursuant to which all of Cartesian's outstanding equity interests were exchanged based on a fixed exchange ratio for consideration as a combination of approximately 6.7 million shares of Selecta common stock and approximately 0.38 million shares of Selecta Series A Non-Voting Convertible Preferred Stock. Concurrently with the acquisition of Cartesian, Selecta entered into a definitive agreement for a PIPE investment to raise $60.25 million in which the investors will be issued approximately 0.15 million shares of Series A Preferred Stock at a price of $403.46851 per share. Subject to approval of the Company's stockholders, each share of Series A Preferred Stock will automatically convert into 1,000 shares of common stock, subject to certain beneficial ownership limitations. On a pro forma basis, based upon the number of shares of Selecta common stock and Series A Preferred Stock issued in the acquisition and prior to the private financing, stockholders of Selecta immediately prior to the acquisition will own approximately 26.9% of the Company on an as-converted basis immediately after giving effect to this transaction. The acquisition was approved by the Board of Directors of Selecta and the Board of Directors and stockholders of Cartesian. The closings of the transactions are not subject to the approval of Selecta stockholders. On an as-converted basis, assuming the approval of the Company's stockholders of the conversion of the Series A Preferred Stock into common stock, and after accounting for these transactions, the total number of shares of Selecta common stock will be approximately 696.2 million. In connection with the transactions, a transferrable contingent value right will be distributed to Selecta stockholders and holders of Selecta's warrants issued in 2022 of record as of the close of business on December 4, 2023, but will not be distributed to holders of shares of common stock or Series A Preferred Stock issued to Cartesian or the PIPE investors in the transaction. Additionally, holders of Selecta's warrants other than the 2022 Warrants will be entitled to receive CVRs when and if such warrants are exercised. Holders of the CVR will be entitled to receive certain cash payments from proceeds received by the Company, if any, from its legacy assets, including SEL-212, following the closing of the transaction.
MNR

Hot Stocks

08:16 EST Mach Natural Resources adds accretive acquisition in Anadarko Basin - Mach Natural Resources signed an agreement with Paloma Partners IV, LLC, a privately-held Delaware limited liability company backed by EnCap Investments and its affiliated companies, to acquire certain interests in oil and gas properties, rights and related assets located in certain counties in Oklahoma for a total cash consideration of $815 million, subject to customary terms, conditions, and closing price adjustments. The Acquisition is expected to close December 29, 2023, with an effective date of September 1, 2023.
VTRS TBPH

Hot Stocks

08:15 EST Viatris, Theravance Biopharma announce results from YUPELRI - Viatris (VTRS) and Theravance Biopharma (TBPH) announced positive results from the YUPELRI Phase III placebo-controlled clinical trial conducted in China assessing the efficacy and safety of YUPELRI, a once-daily nebulized long-acting muscarinic antagonist, LAMA, for the maintenance treatment of patients with COPD. Top-line results showed that YUPELRI met its primary efficacy endpoint demonstrating a statistically significant increase in trough FEV1 versus placebo. The results are comparable to those from studies of the same design used for U.S. registration and provide support for a regulatory filing in China anticipated to occur in mid-2024. Top Line Results Highlights: A total of 258 patients enrolled with 257 included in safety and full analysis sets. Both groups were well balanced for baseline characteristics with 129 treated with YUPELRI and 128 treated with placebo. Study population was moderate to very severe COPD patients with mean baseline FEV1 approximately 50% predicted. Approximately two-thirds of patients remained on long-acting beta-2 agonist/inhaled corticosteroids throughout the study. Primary efficacy analysis of change from baseline in trough FEV1 measured 24 hours after the final dose at week 12 detected a mean treatment difference of 150.9 mL compared to placebo. Safety and tolerability profile assessed by summary of adverse events consistent with U.S. package insert.
ALZN

Hot Stocks

08:15 EST Alzamend Neuro submits AL001-PTSD01 IND application to FDA - Alzamend Neuro announced that it has submitted an investigational new drug, or IND, application to the FDA for the initiation of study AL001-PTSD01, a Phase IIA plasma/brain pharmacokinetics clinical study of AL001 for treatment of patients with PTSD. After receipt of a "study may proceed" communication from FDA, Alzamend plans to initiate a Phase IIA study to characterize AL001 improvements of lithium levels in the brain compared to a marketed lithium salt in PTSD patients. Alzamend anticipates that the new drug application, or NDA, development program for PTSD may, for safety, qualify for a 505 NDA pathway to FDA approval, which can be available to new formulations of an approved drug.
LGVC

Hot Stocks

08:14 EST LAMF Global announces first extension to complete business combination - LAMF Global Ventures Corp. I announced that on November 13, 2023, its board of directors decided to extend the date by which the Company must consummate an initial business combination from November 16, 2023 to December 16, 2023. This is the first of up to six one-month extensions of the Deadline Date available to the Company pursuant to its amended and restated memorandum and articles of association.
TCYSF

Hot Stocks

08:13 EST Tecsys appoints Kirkwood to board of directors - Tecsys announces the appointment of UK-based Andrew Kirkwood to its Board of Directors, effective October 12, 2023. Kirkwood brings a wealth of experience to Tecsys, with more than two decades of global leadership at high-growth supply chain organizations. In conjunction with Kirkwood's appointment, the Board will realign its Board committees. Drawing from his background in building global markets for supply chain technology firms, Kirkwood has a proven track record of driving both organic and inorganic growth. Notably, Kirkwood served as CEO at BluJay Solutions until its successful exit to E2Open in 2021.
OCUP

Hot Stocks

08:13 EST Ocuphire Pharma expects cash to fund operations into 2025 - As of September 30, 2023, Ocuphire had cash and cash equivalents of approximately $42.4 million. Based on current projections, management believes the present cash on hand will be sufficient to fund operations into 2025.
SDA

Hot Stocks

08:12 EST SunCar Technology announces strategic cooperation with Heilongjiang Branch - SunCar Technology announces its recent strategic agreement with the Heilongjiang branch of Agricultural Bank of China. This one-year agreement marks a significant milestone in SunCar's expansion strategy within the financial services sector. Key Collaboration Highlights: Under this agreement, SunCar is set to enhance the banking experience by offering a comprehensive package of services, including but not limited to car washes, designated driver provisions, and streamlined airport transfer solutions. Services will be integrated across various bank departments, including the Credit Card and Personal Banking departments. The current exclusivity with the Heilongjiang branch presents a scalable model for potential future expansion across the Agricultural Bank of China's network, leveraging SunCar's solidified presence and proven success in the automotive service market.
DISH SATS

Hot Stocks

08:11 EST Dish Network names Akhavan as CEO - Dish Network (DISH) announced Hamid Akhavan has joined DISH as president and chief executive officer, CEO, in addition to his current role as CEO and president of EchoStar (SATS). Akhavan will oversee all aspects of the company's video services and wireless businesses, as well as its subsidiaries. When the merger between DISH and EchoStar was announced, it was also announced that Akhavan would become CEO of the combined company. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to be completed by year-end.
DLR O

Hot Stocks

08:10 EST Realty Income, Digital Realty form build-to-suit data center joint venture - Digital Realty (DLR) and Realty Income Corporation (O) announced that they have established a joint venture to support the development of two build-to-suit data centers in Northern Virginia. Realty Income invested approximately $200 million to acquire an 80% equity interest in the venture, while Digital Realty maintains a 20% interest. Each partner will fund its pro rata share of the remaining $150 million estimated development cost for the first phase of the project, which is slated for completion in mid-2024. The build-to-suit facilities were 100% pre-leased to an S&P 100 investment grade client prior to construction and are expected to generate a 6.9% initial cash lease yield upon lease commencement in mid-2024. "We are delighted to partner with Realty Income, a blue-chip net-lease REIT, in their first investment in the data center sector," said Digital Realty President and Chief Executive Officer Andy Power. "The formation of this development joint venture supports our customer's build-to-suit requirements with a like-minded, long-term investor as our partner. The transaction also further bolsters and diversifies Digital Realty's capital sources, while enhancing our flexibility so that we can prudently support our stakeholders' longer term capacity requirements."
LAZY

Hot Stocks

08:09 EST Lazydays announces cancellation of rights offering to stockholders - Lazydays announced that it has cancelled its previously announced rights offering of shares of the Company's common stock, par value $0.0001 per share that had been made to holders of the Company's Common Stock, pre-funded warrants and series A convertible preferred stock. Given current industry conditions, as well as the decline in the Common Stock price from the date of the announcement, the Company has decided to cancel the rights offering. As a result, Lazydays will seek alternative sources of funding, including mortgage financing on owned real estate, while prioritizing optimizing the performance of its existing store base. "The Board is grateful for the work that is underway to improve the Company's operational and financial performance," said Chris Shackelton, Chairman of the Board. "Furthermore, we strongly believe the leadership team is on track to create substantial shareholder value over the coming years."
SR

Hot Stocks

08:08 EST Spire board increases quarterly dividend from 72c to 75.5c per share - The board of directors of Spire unanimously agreed to increase the quarterly common stock dividend to $0.755 per share from $0.72 per share. This full year $0.14 per share increase brings the annualized rate to $3.02, an increase of 4.9%. "Spire's growing dividend reflects the Company's performance, strong financial position and the board's confidence in our long-term growth strategy going forward. It is also a key part of how we deliver value to our shareholders while positioning Spire as a compelling investment," said Ed Glotzbach, chairman of the board of Spire.
XOM

Hot Stocks

08:08 EST Exxon Mobil begins lithium production in Arkansas - Exxon Mobil announced plans to become a producer of lithium, a key component of electric vehicle, or EV, batteries. Work has begun for the company's first phase of North America lithium production in southwest Arkansas, an area known to hold significant lithium deposits. The product offer will be branded as Mobil Lithium, building on the rich history of deep technical partnership between Mobil and the automotive industry. In early 2023, ExxonMobil acquired the rights to 120,000 gross acres of the Smackover formation in southern Arkansas - considered one of the most prolific lithium resources of its type in North America. After using conventional oil and gas drilling methods to access lithium-rich saltwater from reservoirs about 10,000 feet underground, ExxonMobil will utilize direct lithium extraction, or DLE, technology to separate lithium from the saltwater. The lithium will then be converted onsite to battery-grade material. The remaining saltwater will be re-injected into the underground reservoirs. The DLE process produces fewer carbon emissions than hard rock mining and requires significantly less land. Lithium is essential to the production of lithium-ion batteries, which are used in electric vehicles, consumer electronics, energy storage systems and other clean energy technologies. Demand for lithium is expected to quadruple by 2030, and virtually all lithium today is produced outside of North America.
GALT

Hot Stocks

08:03 EST Galectin Therapeutics expects cash to fund operations through December 2024 - As of September 30, 2023, the Company had $20.4 million of cash and cash equivalents. Additionally, the Company has $30 million remaining available under a $60 million line of credit provided by its chairman to fund operations. The Company believes it has sufficient cash to fund currently planned operations and research and development activities through at least December 31, 2024. The Company expects that it will require more cash to fund operations after December 31, 2024, and believes it will be able to obtain additional financing as needed. However, there can be no assurance that we will be successful in obtaining such new financing or, if available, that such financing will be on terms favorable to us.
PEV

Hot Stocks

08:01 EST Phoenix Motor's EdisonFuture launches alkaline electrolyzer for green hydrogen - Phoenix Motor's EdisonFuture subsidiary has launched a new Alkaline Electrolyzer solution, in addition to its existing Proton Exchange Membrane, for the production of green hydrogen products. The product launch supports the company's ongoing commitment to advancing renewable energy and the transition to a carbon-neutral society. Fengping Wu was appointed VP of Business Development and will lead the EdisonFuture Hydrogen business development team committed to delivering renewable energy solutions and products to more customers. The company's alkaline electrolyzers encompass a hydrogen production range spanning from 100 to 1200 Nm3/h, achieving a purity level of 99.999%.
LQR

Hot Stocks

08:00 EST LQR House, Cabal Tequila partner for marketing, awareness campaign - LQR House announces its partnership with Cabal Tequila, selecting LQR House to spearhead a bespoke marketing campaign. This initiative aims to generate viral content, elevating awareness and driving sales for Cabal Tequila. Capitalizing on LQR House's partnership with Alpha Liquor Distributors LLC, renowned for its expertise with major retailers including Costco and Total Wine, the strategic effort focuses on securing Cabal Tequila's placement on the shelves of these outlets, ensuring widespread visibility and a robust market presence.
DO

Hot Stocks

08:00 EST Diamond Offshore announces new drillship contract - Diamond Offshore Drilling announced it has entered into a drilling contract with an independent operator to utilize the Ocean BlackRhino for work offshore Guinea-Bissau. The Ocean BlackRhino was awarded a one-well contract with a minimum duration of 30 days representing $15.4 million of additional backlog, excluding mobilization. Work under the new contract is expected to commence in July 2024 in direct continuation of the rig's current contract. Bernie Wolford, Jr., President and Chief Executive Officer, commented, "We are pleased to secure this work with a new client in direct continuation of our current contract and look forward to commencing the campaign next year."
OPXS

Hot Stocks

07:59 EST Optex Systems announces $1.3M order for laser filter units - Optex Systems has been awarded a new contract from a U.S. Government Prime Contractor, in support of a visible sighting system. The order value is $1.3M with deliveries covering April 2024 through August 2024. With this order, the current Optex backlog is in excess of $42.5M.
LFVN

Hot Stocks

07:57 EST LifeVantage incumbent directors re-elected at FY24 Annual Meeting - LifeVantage announced the final, certified results of its FY24 annual meeting of stockholders, as provided to the company by the independent inspector of elections. The results confirm that stockholders re-elected all seven of the company's incumbent directors. Stockholders approved all other proposals presented at the Annual Meeting, including the stockholders rights plan.
MDGS

Hot Stocks

07:55 EST Medigus subsidiary to develop Bubbl writing tool - Medigus 19.99% owned subsidiary Metagramm Software is developing Bubbl, a writing tool utilizing Machine Learning, Natural Language Processing, AI and Deep Learning technologies. According to Verified Market Research, the Global Writing Enhancement Software market will reach $887.9M by 2030 with a 11% CAGR from 2023-2030. Bubbl allows users to operate in different modes, including an interactive re-write floating window mode, interactive inline mode and grammar-only mode. Bubbl is designed to cater to a variety of writing needs with different profiles and features, including Business, Medical, Academic and Blogging.
DPRO

Hot Stocks

07:54 EST Draganfly to showcase UAV tech at Modern Warfare Week - Draganfly announced that the Company will be showcasing its latest UAV technology at Modern Warfare Week at booth #316 November 13-16, 2023, in Fayetteville, NC. Draganfly will showcase the Commander 3 XL along with some new military special-purpose capabilities during the three-day event. This high-endurance drone, known as the "Swiss Army Knife of drones," can transport up to 22 pounds of payload using drop and winch-down systems, remaining airborne for 50 minutes. It supports automated and manual flight operations, with a convenient design allowing easy assembly and transport.
RCM

Hot Stocks

07:53 EST R1 RCM to restate previously issued financial statements - R1 RCM announced its decision to restate its previously issued financial statements for the years ended December 31, 2022 and 2021 and interim periods, as well as for the first two quarters of 2023. Immediately prior to the scheduled filing of its Form 10-Q for the third quarter 2023, R1 identified errors related to the accounting for certain acquiree compensation costs incurred as a result of historical acquisitions. These expenses should have been recorded as "Other expenses" within the consolidated statements of operations and comprehensive income and instead were included in the purchase price allocations and ultimately recorded as goodwill in the consolidated balance sheets. R1 has determined that the drivers of the corrections are acquiree compensation expenses equal to approximately $7.8 million for 2022 and $8.4 million for 2021. As part of the restatement process, other less significant previously identified immaterial adjustments that were not recorded in the proper period will also be adjusted. Based on information currently available, R1 does not expect a material impact to 2022 and 2021 revenue or Adjusted EBITDA. The accounting errors are not expected to have a material impact on R1's previously reported results of operations for the first three quarters of 2023, or on its 2023 outlook. R1 continues to expect to achieve its 2023 targets, including delivering revenue of $2,255 million to $2,275 million, GAAP operating income of $130 million to $140 million and Adjusted EBITDA of $600 million to $615 million. In addition, this matter has no impact on R1's cash or business operations. It is important to note that the accounting errors did not result from any override of controls or misconduct, nor has the Audit Committee been informed of any issues related to an override of controls or misconduct. "This technical accounting issue was proactively identified by R1's internal team, at which time we immediately took action to identify any potential impact on past financial statements in conjunction with our auditors, Ernst & Young," said Lee Rivas, chief executive officer of R1. "At this time there is no expected material impact on our 2023 results of operations or outlook. As we look ahead, we remain confident in our ability to deliver on our 2023 outlook and drive long-term value through our excellent provider relationships, commitment to innovation and continued customer growth."
NFYEF

Hot Stocks

07:52 EST NFI Group receives order for electric buses from Hong Kong's MTR Corporation - NFI Group subsidiary Alexander Dennis has been chosen in a competitive tender by Hong Kong's MTR Corporation to supply 35 battery-electric Enviro500EV double deck buses. MTR Corporation provides Hong Kong's Mass Transit Railway urban rail system including a network of feeder bus services, for which it operates a fleet of 172 buses. Most of them have been supplied by Alexander Dennis from its Enviro200, Enviro400 and Enviro500 vehicle ranges. The Enviro500EV has been fully designed in-house by Alexander Dennis's engineering team as part of the manufacturer's next generation of zero-emission buses.
PYHT SIOS

Hot Stocks

07:52 EST Sio Silica to go public through Pyrophyte Acquisition Corp. business combination - Sio Silica and Pyrophyte Acquisition Corp. (PYHT), a special purpose acquisition company, announced that they have entered into a definitive agreement for a business combination. The terms of the business combination reflect an implied enterprise value of $708M and equity value of $758M for the combined company, an approximate 80% discount to the net present value described above and includes approximately $150M of gross capital including equity, debt, royalties and Sio's cash on hand and additional $10M expected flow-through equity from a variety of institutional and individual accredited investors. Following the closing of the business combination, such proceeds are expected to be used to fully fund the construction of the first phase of Sio's extraction and processing facility in Winnipeg, Manitoba. Upon Closing, the name of the combined company will be Sio Silica Incorporated, and its common shares and warrants are expected to be listed on the New York Stock Exchange under the ticker (SIOS). Sio has approximately 15.2B tons of in situ high-purity silica including an estimated ~146M ton measured and indicated resource and an estimated 345M ton inferred resource and intends to initiate a mining plan that ensures a comprehensive and active environmental stewardship over the years to come. The terms of the Business Combination imply an enterprise value of $708 million and equity value of $758M for the combined company. Approximately $150M of gross capital, comprised of equity, debt, royalties and Sio's cash on hand, has been secured from a variety of institutional and individual accredited investors, including a credit facility provided by Riverstone Credit Partners, and other financing from Hite Hedge Asset Management and a large Canadian pension fund, and an additional $10M is expected to be secured from flow-through equity from a variety of individual accredited investors, to support the construction of the first phase of its extraction and processing facility. Availability under the credit facility with Riverstone Credit Partners is subject to certain conditions. In an effort to further strengthen its capital base and reduce debt levels, Sio and Pyrophyte may raise additional equity capital through incremental PIPE investments along with the potential contribution of up to approximately $97M of cash currently held in Pyrophyte's trust account, subject to redemptions by Pyrophyte shareholders that have not entered into non-redemption agreements. The business combination, which has been unanimously approved by the boards of directors of Sio and Pyrophyte, is subject to approval by Pyrophyte's and Sio's shareholders and other customary closing conditions. CEO Feisal Somji will continue to lead Sio, supported by a team of experienced operators. Pyrophyte's leadership team will actively introduce key relationships to help accelerate Sio's growth.
SHC

Hot Stocks

07:52 EST Sotera Health appoints Karen Flynn to board of directors - Sotera Health Company has appointed Karen Flynn as a new independent director to its Board. She most recently served as Interim President of BioModalities at Catalent.
VMAR

Hot Stocks

07:51 EST Vision Marine Technologies receives purchase order for propulsion system - Vision Marine Technologies has received an initial purchase order from Wired Pontoons for 25 units of the E-Motion 180E outboard and powertrain systems. This order marks the beginning of a transformative partnership, with Wired set to equip its pontoons with these 180 HP electric propulsion systems, responding to the growing marine consumer demand for electric marine propulsion. Over the past year, Wired has extensively tested the performance of its pontoons equipped with Vision Marine's systems. The positive feedback from boat show attendees and robust performance data have strengthened Wired's confidence in the E-Motion system as a game-changing solution in the recreational boating landscape, particularly for pontoon users.
CGA

Hot Stocks

07:49 EST China Green returns to NYSE compliance - China Green received a notice letter from the NYSE stating that the company is back in compliance with the NYSE continued listing standards. The NYSE's letter comes after the company held an annual meeting for FY22 and FY21, resolving the deficiency set forth in NYSE's notification letter. As a result, on November 10, the Below Compliance indicator had ceased to be disseminated for the company. The company will then be removed from the list of issuers noncompliant with NYSE corporate governance listing standards and the BC indicator will be removed from the profile, data and news pages of the company's security.
VYNE

Hot Stocks

07:49 EST VYNE Therapeutics expects cash to fund operations through 2025 - As of September 30, 2023, VYNE had cash and cash equivalents and restricted cash of $15.5 million. When adding the gross proceeds received from the PIPE, VYNE's cash and cash equivalents and restricted cash as of September 30, 2023 would have been approximately $103.7 million. VYNE currently anticipates that its cash and cash equivalents and restricted cash as of September 30, 2023, together with the gross proceeds from the PIPE, will be sufficient to fund its operations through the end of 2025.
WINV

Hot Stocks

07:47 EST Winvest Acquisition announces extension of termination date - WinVest Acquisition announced that its Board of Directors has approved an extension of the period of time available to the Company to consummate an initial business combination by one month from November 17, 2023 to December 17, 2023, as permitted under the Company's Amended and Restated Certificate of Incorporation, as amended. The purpose of the extension is to provide additional time for the Company to complete an initial business combination. In connection with the extension, $65,000 will be deposited into the trust account established in connection with the Company's initial public offering pursuant to the Company's sixth drawdown upon an unsecured promissory note in the aggregate principal amount of $390,000 issued by the Company to WinVest SPAC on June 13, 2023. The promissory note bears no interest and is convertible at the option of the Sponsor upon the consummation of an initial business combination into private warrants to purchase shares of the Company's common stock at a conversion price of $0.50 per private warrant. Such private warrants will be identical to the private placement warrants issued to the Sponsor at the time of the Company's initial public offering.
OMGA

Hot Stocks

07:46 EST Omega Therapeutics presents preclinical data on liver fibrosis and inflammation - Omega Therapeutics announced the presentation of new preclinical data from two different programs that demonstrated sustained upregulation of gene expression and coordinated pre-transcriptional downregulation of multiple genes in models of liver fibrosis and inflammation, respectively, at the American Association for the Study of Liver Diseases' The Liver Meeting 2023, taking place in Boston, November 10 - 14. Single administration of an EC in the humanized FRG mouse model resulted in induction of HNF4alpha mRNA levels compared to untreated FRG mice. EC-mediated induction of HNF4alpha expression in vivo in a mouse model of liver fibrosis led to decreased collagen deposition, a key marker of fibrosis. Treatment of mouse and human liver cells with ECs engineered to pre-transcriptionally downregulate the expression CXCL9, CXCL10 and CXCL11 resulted in robust mRNA downregulation and decreased protein levels of all three chemokines. Primary human hepatocytes stimulated with interferon gamma and treated with a single EC targeting CXCL9-11 resulted in a statistically significant decrease in mRNA expression and protein levels of each chemokine compared to INFG stimulation alone.
APGE

Hot Stocks

07:39 EST Apogee Therapeutics expects cash to fund requirements into 4Q26 - As of September 30, 2023, Apogee had a total cash balance of $422.9 million. Apogee expects that its existing cash will enable it to fund its current operating expenses and capital expenditure requirements into the fourth quarter of 2026.
CWH

Hot Stocks

07:39 EST Camping World to acquire Youngblood RV in Springfield, Missouri, closes Q124 - Camping World Holdings announced that it is set to acquire Youngblood RV in Springfield, Missouri. The transaction is anticipated to close in the first quarter of 2024 and will increase the Company's Missouri location count to six. Marcus Lemonis, Chairman and CEO of Camping World commented, "The acquisition of Youngblood RV adds to our presence in the growing Springfield market with the addition of 16 service bays and lines from Grand Design and Forest River. We continue to be focused on our goal to increase our dealership count to over 320 locations over the next five years, through a combination of acquisitions, new store openings, and manufacturer exclusive locations."
VSEC

Hot Stocks

07:36 EST VSE awarded $750M in distribution pacts for 1Q24, to open Hamburg facility - VSE Corporation announced that its VSE Aviation segment has been awarded 6 new distribution agreements with several manufacturers for a combined value of approximately $750M over the term of these agreements. The agreements are expected to begin in the first quarter of 2024, with contract terms ranging between one and 15 years in duration. VSE Aviation also announced today to open a 45,000 square foot distribution facility in Hamburg, Germany. This new facility will open in the first quarter of 2023 and serve as the distribution center of excellence supporting Europe, the Middle East, and Africa. This investment positions VSE Aviation to expand the global coverage and support for its commercial and business and general aviation distribution aftermarket product lines, including the tire, tube, and battery product lines associated with the Desser Aerospace acquisition...These agreements are collectively expected to contribute approximately $25 to $30M of new revenue in 2024, scaling during a twelve-month transition period, with revenue increasing to more than $50M in 2025. Working capital requirements to support initial investments are expected to be approximately $30M beginning in 2024. These agreements are not anticipated to have any impact on the fourth quarter 2023 financial results.
TSN

Hot Stocks

07:35 EST Tyson Foods increases quarterly dividend to 49c per share - Effective November 10, 2023, the Board of Directors increased the quarterly dividend previously declared on August 10, 2023, to $0.49 per share on our Class A common stock and $0.441 per share on our Class B common stock. The increased quarterly dividend is payable on December 15, 2023, to shareholders of record at the close of business on December 1, 2023. The Board also declared on November 10, 2023 a quarterly dividend of $0.49 per share on our Class A common stock and $0.441 per share on our Class B common stock, payable on March 15, 2024, to shareholders of record at the close of business on March 1, 2024. We anticipate the remaining quarterly dividends in fiscal 2024 will be $0.49 and $0.441 per share of our Class A and Class B common stock, respectively. This results in an annual dividend rate in fiscal 2024 of $1.96 for Class A shares and $1.764 for Class B shares, or a 2% increase compared to the fiscal 2023 annual dividend rate.
BA

Hot Stocks

07:35 EST Royal Air Maroc confirms order for two Boeing 787 Dreamliners - Boeing and Royal Air Maroc announced the North African carrier placed a repeat order for the 787 Dreamliner, confirming two 787-9s in its order book as the airline grows its widebody fleet. The carrier, which currently operates nine Dreamliners, leverages the 787 family's efficiency and flexibility to expand its long-haul network. Boeing and Royal Air Maroc announced today the North African carrier placed a repeat order for the 787 Dreamliner, confirming two 787-9s in its order book as the airline grows its widebody fleet. "The 787 Dreamliner is perfectly suited to support Royal Air Maroc's growth and modernization plans," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "Boeing's relationship with the airline spans more than five decades, and we look forward to more opportunities to strengthen our partnership with Royal Air Maroc."
DEFTF

Hot Stocks

07:34 EST DeFi Technologies announces Valour achieves major market share increase - DeFi Technologies announces that its subsidiary Valour has recorded significant achievements in market share and asset under management growth. In an additional development, Valour saw its Solana holdings overtaking Bitcoin as the leading asset. In October, Valour demonstrated remarkable performance on Swedish exchanges, with its digital asset market share nearing 28%, marking a substantial 10% increase from the previous month. Since the start of October, Valour has experienced a period of notable trade volume, including a substantial inflow of C$24.5 million, with C$7.5 million of this total arriving in the first five trading days of November. Additionally, since the start of November, Valour's AUM continued its surge, reaching C$320 million - up from C$259 million a 23% increase since October 30th with Solana emerging as the top asset, commanding close to C$115 million of the AUM. This indicates not only an exceptionally strong trend for the quarter but also robust demand for Valour's products in the Nordics.
TSN

Hot Stocks

07:34 EST Tyson Foods anticipates improved results from foreign operations in 2024 - For fiscal 2024, the United States Department of Agriculture indicates domestic protein production should decrease slightly compared to fiscal 2023 levels. The following is a summary of the updated outlook for each of our segments, as well as an outlook for revenues, capital expenditures, net interest expense, liquidity, tax rate and dividends for fiscal 2024. Certain of the outlook numbers include adjusted operating margin or each segment. The Company is not able to reconcile its full-year fiscal 2024 projected adjusted results to its fiscal 2024 projected GAAP results because certain information necessary to calculate such measures on a GAAP basis is unavailable or dependent on the timing of future events outside of our control. Therefore, because of the uncertainty and variability of the nature of and the amount of any potential applicable future adjustments, which could be significant, the Company is unable to provide a reconciliation for these forward-looking non-GAAP measures without unreasonable effort. Adjusted operating margin should not be considered a substitute for operating margin or any other measures of financial performance reported in accordance with GAAP. Investors should rely primarily on the Company's GAAP results and use non-GAAP financial measures only supplementally in making investment decisions. Beef: USDA projects domestic production will decrease approximately 5% in fiscal 2024 as compared to fiscal 2023. We anticipate adjusted operating income (loss) between ($400) million and breakeven in fiscal 2024. Pork: USDA projects domestic production will increase approximately 2% in fiscal 2024 as compared to fiscal 2023. We anticipate adjusted operating income to approximate breakeven in fiscal 2024. Chicken: USDA projects chicken production will increase slightly in fiscal 2024 as compared to fiscal: 2023. We anticipate adjusted operating income of $400 million to $700 million for fiscal 2024. Prepared Foods We anticipate adjusted operating income of $800 million to $1 billion in fiscal 2024. International/Other: We anticipate improved results from our foreign operations in fiscal 2024.
PVH

Hot Stocks

07:34 EST PVH Corp. to divest Warners, Olga and True & Co. businesses for $160M - PVH Corp. announced that Basic Resources will acquire PVH's Warners, Olga and True & Co. businesses. The all-cash purchase price is $160M, subject to adjustment, plus an earnout based on the net sales on a portion of the acquired businesses for calendar 2024, with a maximum value of $10M. The transaction is expected to close at the end of November, subject to standard closing conditions. PVH intends to use the net proceeds from the transaction to repurchase shares of its common stock.
NUE

Hot Stocks

07:33 EST Nucor sets Net-Zero GHG targets for 2050, new interim target for 2030 - Nucor Corporation announced Net-Zero science-based greenhouse gas, GHG, targets for 2050 and established a new interim target for 2030. These GHG intensity targets are defined by the Global Steel Climate Council's, GSCC, "Steel Climate Standard", an ambitious standard that aligns with the Paris Climate Agreement's emission reduction goals for the steel sector by 2050, and with the International Energy Agency's "Net Zero by 2050: A Roadmap for the Global Energy System" glidepath. Nucor's net-zero 2050 and interim 2030 targets include scopes 1, 2, and 3 emissions from the production of hot rolled steel as defined by the GSCC, making Nucor the first diversified steelmaker in the U.S. to set GHG reduction targets encompassing all three scopes. "We are the North American leader in sustainable steelmaking, and these targets further highlight our leadership role in developing clean solutions for the entire steel industry, as well as empowering our customers to meet their business and environmental goals successfully," said Leon Topalian, Chair, President and Chief Executive Officer of Nucor. "In recent years, we have made purposeful investments to increase the availability of carbon-free electricity, and to support other emerging technologies that will help lead the way to a clean industrial future."
BWMN

Hot Stocks

07:32 EST Bowman Consulting acquires Blankinship & Associates, terms undisclosed - Bowman Consulting announced the acquisition of Davis, California based Blankinship & Associates. Blankinship, an environmental sciences and engineering firm, specializes in providing water resources services, natural resource management services, permitting and compliance services, and specialized training. Established in 2000 by current president Mike Blankinship, the firm serves both public and private sector clients providing solutions to environmental and natural resources challenges that intersect the built environment and natural resources. Blankinship's staff of professionals will all become Bowman employees in connection with the acquisition. Financed with a combination of cash, seller notes, and equity, the acquisition falls within previously discussed target multiple and operating metric ranges and is expected to be immediately accretive. The company anticipates the acquisition will initially operate at an annualized net service billing run rate of approximately $3M. More detailed information on M&A activities, pipeline, and guidance updates are provided in connection with scheduled quarterly and annual communications.
AVIR

Hot Stocks

07:31 EST Atea Pharmaceuticals' combination candidate for hepatitis C shows protential - Atea Pharmaceuticals announced the presentation of two posters supporting the combination of bemnifosbuvir, an oral nucleotide polymerase inhibitor, and ruzasvir, an oral NS5A inhibitor, as a potential treatment for Hepatitis C Virus at the American Association for the Study of Liver Diseases' The Liver Meeting 2023, November 10-14 in Boston. "Results from these two presented studies further support the potential use of these two drug candidates in combination as a novel treatment for HCV. Phase 1 data demonstrate that coadministration of bemnifosbuvir and ruzasvir was well tolerated and not affected by food or concomitant dosing, indicating a low risk of drug-drug interactions," said CEO Jean-Pierre Sommadossi. "Moreover, in vitro data demonstrate that the combination of bemnifosbuvir and ruzasvir retained potent pan-genotypic antiviral activity against major HCV NS5A and NS5B resistance-associated variants and hard-to-treat sub-genotypes, which have been identified in certain HCV patients who have failed treatment with currently available therapies. We are very pleased with the substantial progress achieved in our Phase 2 combination study of bemnifosbuvir and ruzasvir for the treatment of HCV this year, and we expect to announce results from the 60-person lead-in cohort in early 2024..."
ACRS

Hot Stocks

07:29 EST Aclaris Therapeutics' zunsemetinib did not meet Phase 2b endpoints in arthritis - Aclaris Therapeutics announced top-line results from a Phase 2b study of zunsemetinib, an investigational oral MK2 inhibitor, in subjects with moderate to severe rheumatoid arthritis. Patients administered either the 20mg or 50mg dose did not meet the primary endpoint of ACR20 response or any of the secondary efficacy endpoints at 12 weeks, including ACR50 response, ACR70 response, and DAS28-CRP. There was no notable differentiation between zunsemetinib and placebo across any measures of efficacy at week 12. No meaningful safety findings were observed. Based on the overall program results, Aclaris will discontinue further development of the ATI-450 program, including halting enrollment of Aclaris' ongoing Phase 2a trial of zunsemetinib in psoriatic arthritis.
MDWD

Hot Stocks

07:28 EST MediWound receives positive CHMP opinion on NexoBrid in pediatric patients - MediWound announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency issued a positive opinion recommending a change to the terms of the marketing authorization for NexoBrid in Europe to include all age groups for removal of eschar in patients with deep partial- and full-thickness thermal burns. The CHMP positive opinion is pending a decision by the European Commission, which is expected imminently. This positive opinion is based on the results of a global Phase 3 trial that evaluated the safety and efficacy of NexoBrid in hospitalized pediatric patients, funded by the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services. It is also supported by additional pediatric data available from Phase 3 and Phase 2 studies conducted during the clinical development of NexoBrid. The Phase 3 study met its three primary endpoints with a high degree of statistical significance. NexoBrid demonstrated a significant reduction in the time to achieve complete eschar removal and a significant reduction in the wound area requiring surgical excision while demonstrating non-inferiority to SOC in quality of scars as measured by MVSS. The study also met certain secondary endpoints showing statistically significant reduction in the incidence of surgical excision and a reduction in the need for autograft in deep partial burns, as well as a favorable trend in the reduction of blood loss during the eschar removal process. In addition, the study confirmed NexoBrid to be safe and well-tolerated for all ages.
GOLD

Hot Stocks

07:27 EST Barrick Gold makes additional investment in Hercules Silver - Barrick Gold announced that on November 10, 2023, it purchased 7,000,000 warrants to purchase common shares of Hercules Silver for total consideration of C$6,580,000. The warrants were immediately exercised at their exercise price of C$0.11 per Hercules common share. Prior to its acquisition and exercise of the warrants, Barrick owned 26,556,870 common shares of Hercules and 6,804,918 warrants, representing approximately 12.33% of the outstanding Hercules common shares on a non-diluted basis, and 15.02% on a partially-diluted basis. Barrick now owns 33,556,870 common shares and 6,804,918 warrants of Hercules, representing approximately 15.09% of the outstanding Hercules common shares on a non-diluted basis, and 17.61% on a partially-diluted basis. Barrick acquired the Hercules shares for investment purposes. Barrick may, depending on market conditions and other factors, acquire additional shares, warrants or other securities of Hercules, or dispose of some or all of the Hercules shares, warrants or other securities of Hercules that it owns at such time.
TMC

Hot Stocks

07:25 EST Metals Company signs MOU with PAMCO to complete battery feasibility study - Metals Company has signed a binding MOU with Pacific Metals Co - PAMCO - of Japan, where PAMCO will complete a feasibility study to toll treat 1.3 million tons of wet polymetallic nodules per year at its Hachinohe smelting facility expected to start in Q1 2026, consistent with the commencement of NORI's planned first commercial production from the NORI-D Polymetallic Nodule Project at the end of 2025. The toll treatment is expected to produce two products: nickel-copper-cobalt alloy - an intermediate product used as feedstock to produce Li-ion battery cathodes - and a manganese silicate product used to make silico-manganese alloy, a critical input into steel manufacturing. PAMCO's Hachinohe facility is located on the coast in northern Japan. PAMCO, with TMC support, expects to complete the feasibility study by Q3, 2024. TMC provides PAMCO with the exclusive right to the first 1.3Mtpa of the expected 3Mtpa of wet nodule collection capacity of the company's first nodule collection system until completion of the feasibility study. In parallel, PAMCO is continuing to study the addition of a converting facility to process the intermediate alloy to nickel-copper-cobalt matte, which is an upgraded intermediate battery supply chain feedstock. It is expected that the additional facility would be constructed once commercial processing of polymetallic nodules to alloy has been demonstrated.
BOOM

Hot Stocks

07:23 EST DMC Global appoints James O'Leary to board of directors - DMC Global announced its board of directors has elected James O'Leary as an independent director. Mr. O'Leary joins the DMC board with nearly four decades of executive leadership, finance and board-level experience, principally in the construction and industrial manufacturing industries. Mr. O'Leary previously served as chairman of publicly traded BMC Stock Holdings, Inc. prior to its merger with Builders FirstSource in 2021, after joining the board of BMC in 2014.
TNXP

Hot Stocks

07:22 EST Tonix Pharmaceuticals begins enrollment in Phase 2 bone health study - Tonix Pharmaceuticals has enrolled the first participant in an investigator-initiated Phase 2 study of TNX-1900 for improving bone health in children with autism spectrum disorder, named the BOX study, at Massachusetts General Hospital. The aim of this Department of Defense-funded study is to investigate the efficacy and safety of TNX-1900 as a novel therapeutic agent to increase bone density and improve bone structure and strength in children with ASD. Tonix is providing active drug and placebo for the BOX study as part of a drug donation agreement with MGH. MGH is the sponsor of the trial, which is being conducted under an investigator-initiated investigational new drug application. The Phase 2 BOX study is a study to evaluate the effects of twice daily administration of TNX-1900 on bone measures in children with ASD. The primary endpoint is the difference between TNX-1900 compared to placebo groups in 12-month change in whole body less head bone mineral density Z-scores. A Z-score compares one's bone density to the average bone density of age and gender matched controls.
GYRE

Hot Stocks

07:22 EST Gyre Therapeutics presents poster on hydronidone at AASLD Meeting - Gyre Therapeutics announced the presentation of a poster at the American Association for the Study of Liver Diseases' Annual Liver Meeting, November 10-14, 2023, in Boston, Massachusetts. Gyre's lead asset, Hydronidone, is currently being investigated for the treatment of Metabolic Dysfunction Associated Steatohepatitis-associated liver fibrosis in the United States. Gyre's poster presented the potential antifibrotic effects of Hydronidone and its expected mode of action in mouse hepatic fibrosis models. Key highlights from the poster presentation are below: Hydronidone significantly improved liver damage in carbon tetrachloride and 3,5-diethoxycarbonyl-1,4-dihydropyridine mouse hepatic fibrosis models and reduced the accumulation of collagen; Hydronidone inhibited the activation of hepatic stellate cells via Smad7-mediated TGF- degradation and decreased the expression of fibrosis genes in hepatic stellate cells; In a ubiquitin-proteasome dependent pathway, Hydronidone promoted the Caveolin-1 mediated TGFbetaRI degradation via Smad7; Specific knockdown of Smad7 in vivo blocked the antifibrosis effect of Hydronidone.
LITRF

Hot Stocks

07:20 EST OTC Markets Group welcomes Lithium Royalty to OTCQX - OTC Markets Group announced Lithium Royalty has qualified to trade on the OTCQX Best Market. Lithium Royalty Corp. upgraded to OTCQX from the Pink market. Lithium Royalty Corp. begins trading today on OTCQX under the symbol "LITRF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
SLND

Hot Stocks

07:18 EST Southland Holdings awarded $77M phase of Red River Valley Water Supply Project - Southland Holdings announced that a subsidiary in its Civil segment, Oscar Renda Contracting, has been awarded a $77M contract to construct a water pipeline for the for Garrison Diversion Conservatory District in North Dakota. The scope of work includes installing approximately 8 miles of 72-inch diameter water pipeline. The water pipeline is expected to provide a sustainable water supply to a community that has experienced periods of drought. This is an initial phase of the $1B Red River Valley Water Supply Project which is anticipated to benefit nearly 50% of North Dakota's population. Construction is expected to start in Q2 2024.
TNGX

Hot Stocks

07:17 EST Tango Therapeutics to present data on PRMT5 inhibitors at SNO meeting - Tango Therapeutics announced that two abstracts have been selected for poster presentations at the Society for Neuro-Oncology - SNO - 28th Annual Meeting taking place November 15-19, in Vancouver. "As we advance TNG908 and TNG462, our two MTA-cooperative PRMT5 inhibitors, in phase 1/2 clinical trials, we are pleased to share preclinical data at SNO that affirm their potential as new therapies for patients with MTAP-deleted cancers, including glioblastoma and malignant peripheral nerve sheath tumors," said CEO Barbara Weber. "TNG908 demonstrates strong antitumor activity in MTAP-deleted glioblastoma models. Additionally, data from preclinical malignant peripheral nerve sheath tumor models evaluating TNG908 and TNG462 demonstrate efficacy at well-tolerated doses. TNG462 is potentially best-in-class. Dose escalation of TNG908 and TNG462 in phase 1/2 trials is ongoing." Glioblastoma, the most common malignant primary brain tumor in adults, has a poor prognosis and represents a significant unmet need for more effective therapies. TNG908, a clinical stage MTA-cooperative PRMT5 inhibitor for the treatment of MTAP-deleted solid tumors, is shown to be brain penetrant and drives strong antitumor activity in preclinical models of MTAP-deleted GBM. Malignant peripheral nerve sheath tumors are highly aggressive sarcomas with limited treatment options and poor survival rates. The clinical stage MTA-cooperative PRMT5 inhibitors TNG908 and TNG462 are efficacious in MPNST preclinical models and represent potential new therapeutic strategies for patients with MTAP-deleted MPNST.
AMPS

Hot Stocks

07:17 EST Altus Power announces new construction facility - Altus Power announced the closing of its Blackstone Construction Facility. The facility is designed for the construction of commercial solar assets and includes capacity of $200M to fund costs including equipment, labor, interconnection as well as development fees.
CPLP

Hot Stocks

07:16 EST Capital Product Partners to change name to Capital New Energy Carriers - Following the closing of the Umbrella Agreement, we intend to explore the disposal of our container vessels and abstain from acquiring additional container vessels. Pursuant to the Umbrella Agreement, we also agreed to change our name to "Capital New Energy Carriers L.P." This name change is expected to become effective by December 31, 2023. Further, we, Capital Maritime and the General Partner have agreed to, in good faith negotiate and jointly work with tax and other advisors to agree terms for the conversion from a Marshall Islands limited partnership to a corporation with customary corporate governance provisions within six months of the closing of the Umbrella Agreement. In connection with the change of our business focus to concentrate on the LNG/C market, Capital Maritime agreed to grant to us, beginning on the Closing Date rights of first refusal over transfers of LNG/C vessels owned by Capital Maritime to third parties, opportunities to order newbuild LNG/C vessels of which Capital Maritime becomes aware, and employment opportunities for LNG/C vessels of which Capital Maritime becomes aware, in each case, for a period ending on the tenth anniversary of the Closing Date, transfers to third parties of two certain liquid CO2 carriers and two certain ammonia carriers recently ordered by Capital Maritime for a period ending when Capital Maritime and its affiliates no longer beneficially own at least 25% of the issued and outstanding common units and if we acquire a New Energy Vessel from Capital Maritime, employment opportunities for such New Energy Vessel of which Capital Maritime becomes aware, for a period ending when Capital Maritime and its affiliates no longer beneficially own at least 25% of the issued and outstanding common units. The transaction was negotiated and unanimously approved by the conflicts committee of the Board of Directors and was also unanimously approved by the full Board of Directors. Evercore Group L.L.C. served as financial advisor and Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisors to the Committee. Sullivan & Cromwell LLP served as legal advisors to Capital Maritime.
DTIL

Hot Stocks

07:16 EST Precision BioSciences to present data at AASLD on PBGENE-HBV for CHB - Precision BioSciences announced that the company will present late-breaking data at the American Association for the Study of Liver Diseases' or AASLD, The Liver Meeting being held in Boston, MA. The poster highlights preclinical data demonstrating PBGENE-HBV's ability to eliminate cccDNA and inactivate hepatitis B virus,HBV. DNA, meriting further investigation as a potentially curative treatment for chronic hepatitis B or CHB. The late-breaking poster, titled "Preclinical efficacy and safety of ARCUS-POL nucleases for chronic hepatitis B: a potentially curative strategy", will be on display on Monday, November 13 from 1:00 PM - 2:00 PM ET in Hall C. Based on data to be presented today in a non-human primate model of HBV, the ARCUS nuclease was well tolerated and demonstrated up to 99% viral engagement which is defined as the percent of viral DNA that is either eliminated or inactivated following treatment.. "Eliminating cccDNA and inactivating integrated HBV DNA are both essential to drive a durable loss of viral markers and achieve a functional cure for HBV," said Jeff Smith, Ph.D., Co-Founder and Chief Research Officer of Precision BioSciences. "In the data presented today, we have demonstrated the ability of our PBGENE-HBV program to durably achieve a near-complete reduction across these viral markers including HBsAg, hepatitis B e-antigen , HBV DNA and HBV RNA. We believe that these data further validate our HBV program and enable us to progress the final clinical candidate toward anticipated clinical trial application and/or investigational new drug application in 2024."
CPLP

Hot Stocks

07:15 EST Capital Product to acquire 11 newbuild LNG carriers from Capital Maritime - Capital Product Partners announced that it has entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP L.L.C. providing for the acquisition of 11 newbuild LNG carriers from Capital Maritime for a total acquisition price of $3,130.0 million. The vessels will be purchased through the acquisition of 100% of the equity interests in the applicable vessel-owning company. The LNG/C Amore Mio I has been delivered in October 2023 and we expect to acquire its vessel-owning company on or about the closing date of the Umbrella Agreement. The acquisition of this vessel was financed through a $196.3 million sale and leaseback transaction between the vessel-owning company and CMB Financial Leasing Co. For the vessel-owning companies of the LNG/Cs Axios II, Assos, Apostolos Aktoras, Archimidis and Agamemnon, we expect to pay on the Closing Date a 10% deposit on their respective purchase prices. We will acquire each Initial Vessel after the applicable vessel's construction completion and delivery from the shipbuilder. The vessel-owning companies of the LNG/Cs Alcaios I, Antaios I, Athlos and Archon will be acquired on the Closing Date and we will take over their obligations under the respective shipbuilding contracts with Hyundai. We expect that the total amount due on or about the Closing Date to Capital Maritime will be $454.2 million, reflecting the acquisition of Amore Mio I - net of the Amore Mio I Debt, which is expected to be carried over - the 10% deposit for the Initial Vessels and the amount due for acquiring the Remaining Vessels. On delivery of each Initial Vessel, we will pay the balance of the purchase price for such vessel to Capital Maritime, which will total $1,569.6 million for all Initial Vessels. For the Remaining Vessels, we expect to pay an additional total amount of $909.9 million to Hyundai in pre-delivery and delivery installments. The Closing Date is expected to occur by year end 2023 upon the closing of the rights offering. In addition to commercial debt, and in order to finance a portion of the purchase price for the vessels and pursuant to the Umbrella Agreement, Capital Maritime has agreed to issue an unsecured seller's credit to us in an amount of up to $220.0 million at a fixed rate of 7.5%, repayable on June 30, 2027 and we will conduct a rights offering to finance $500.0 million of the purchase price. The rights offering is expected to commence on November 27, 2023. We will distribute to holders of our common units of record on November 24, 2023 rights to purchase newly issued common units at a price per common unit equal to the greater of $14.25 and 95% of the volume-weighted average price of the common units trading on the Nasdaq Global Select Market for the period from November 15, 2023 through and including the last trading day immediately prior to the Record Date. The subscription price per common unit in the offering will not be greater than $14.50.
VERV

Hot Stocks

07:14 EST Verve Therapeutics falls 37% after adverse events in VERVE-101 study - Shares of Verve Therapeutics are moving lower after the company announced first human proof-of-concept data for in vivo base editing from the ongoing heart-1 Phase 1b clinical trial of VERVE-101. The company said treatment with VERVE-101 led to dose-dependent reductions of disease-causing low-density lipoprotein cholesterol in people living with heterozygous familial hypercholesterolemia. However, two patients experienced serious adverse events, which were each cardiovascular events in the context of severe underlying accelerated atherosclerotic cardiovascular disease, Verve said in a statement. One patient dosed in the 0.3 mg/kg cohort had a fatal cardiac arrest approximately five weeks after treatment due to underlying ischemic heart disease, which was determined by the investigator and independent data and safety monitoring board to be not related to treatment, according to Verve. One patient dosed in the 0.45 mg/kg cohort experienced a myocardial infarction the day after treatment. The event was considered potentially related to treatment due to the proximity to dosing. Shares of Verve Therapeutics are down 37% to $9.84 in premarket trading.
SNDL

Hot Stocks

07:14 EST SNDL announces renewal of share repurchase program - SNDL announced that its board of directors has approved the renewal of its share repurchase program upon the expiry of its current share repurchase program on November 20, 2023. The Share Repurchase Program authorizes the Company to repurchase up to C$100 million of its outstanding common shares from time to time at prevailing market prices, enabling SNDL to opportunistically return value to shareholders. Under the Company's current share repurchase program, which commenced on November 21, 2022, the Company previously sought to repurchase up to C$100 million or 13.1 million shares. As of November 10, 2023, the Company had repurchased an aggregate of 2.9 million shares for cancellation under its current share repurchase program at a weighted average price of approximately C$2.78 per share.
NBIX

Hot Stocks

07:13 EST Neurocrine announces settlement of INGREZZA ANDA litigation - Neurocrine Biosciences announced that is has resolved all patent litigation related to lawsuits resulting from Abbreviated New Drug Applications, ANDAs, brought by companies seeking approval to market a generic version of INGREZZA prior to the expiration of applicable Neurocrine patents. As part of the resolution of these lawsuits, four companies have the right to sell generic versions of INGREZZA in the United States beginning March 1, 2038, or earlier under certain customary circumstances. "These settlements reinforce our belief in the strength of the INGREZZA intellectual property estate and provide clarity regarding INGREZZA exclusivity. As an innovation-driven biopharmaceutical company, we will continue to develop treatments for under-addressed diseases and rely on a robust patent system to protect that investment in innovation," said Darin Lippoldt, Chief Legal Office of Neurocrine Biosciences.
GOEV

Hot Stocks

07:11 EST Canoo delivering first made in Oklahoma electric vehicles to state government - Canoo announced delivering its first Made in Oklahoma electric vehicles to the state of Oklahoma. "It's an honor to partner with the state of Oklahoma and its workforce to create a legacy for electric vehicles in America's Heartland," said Tony Aquila, Chairman and CEO of Canoo. "What is inspiring to me is that it takes just a small group of innovators and hardworking believers who find a way to win. I want to thank Governor Stitt and his team for believing in us. We want our vehicles to provide service to Oklahomans who have been our partners on this journey."
ORI

Hot Stocks

07:10 EST Old Republic announces sale of run-off mortgage business - Old Republic International announced that it has entered into a definitive agreement to sell its mortgage insurance business to Arch Capital Group Ltd. In this transaction, Arch U.S. MI Holdings Inc. will acquire all of the capital stock of Old Republic's wholly-owned subsidiary, RMIC Companies, Inc., and its wholly-owned subsidiaries that together comprise Old Republic's run-off mortgage insurance business. Consideration is expected to be approximately $140 million. Additionally, Old Republic expects to receive a final 4th quarter dividend of $25 million. The transaction is subject to regulatory approval and is expected to close in the first half of 2024. Commenting on the transaction, Old Republic President & CEO, Craig Smiddy, said "We are pleased to announce this definitive exit from the mortgage insurance business. Since placing this business in run-off in 2011, we have been able to preserve significant value for shareholders and we are grateful for the many years of hard work and dedication of our RMIC associates. In the last five years our run-off reserves have developed favorably, enabling us to receive over $398 million of dividends from these subsidiaries, inclusive of the $25 million expected in the 4th quarter."
ENLC

Hot Stocks

07:10 EST EnLink Midstream, BKV commence first carbon capture, sequestration project - BKV Corporation and EnLink Midstream announced the initial injection of carbon dioxide waste generated from EnLink's Bridgeport natural gas processing plant, and neighboring operations, at BKV's Barnett Zero carbon capture and sequestration facility, marking a major step toward reducing CO2 emissions associated with BKV's natural gas production in north Texas' Barnett Shale. EnLink will transport the natural gas produced by BKV in the Barnett to its natural gas processing plant in Bridgeport, Texas, where the CO2 waste stream will be captured and transported to a BKV facility, compressed, and then sequestered via BKV's nearby underground injection control well. "We are thrilled to officially commence our Barnett Zero Project and begin our newest chapter - commercial CCS operations," said Chris Kalnin, Chief Executive Officer of BKV. "BKV has an actionable path to net-zero Scope 1, 2 and 3 emissions from its upstream operations by the early 2030s and is committed to achieving net zero Scope 1 and 2 emissions from its upstream operations by the end of 2025. Executing at Barnett Zero and building our CCS business is an important part of this journey and our mission to deliver a carbon-sequestered natural gas product to the world."
IPSEY

Hot Stocks

07:10 EST Ipsen, Medison announce Health Canada approval for Bylvay - Ipsen and Medison Pharma announce the Health Canada approval for Bylvay for the treatment of pruritus in patients aged 6 months or older with Progressive Familial Intrahepatic Cholestasis, PFIC, a progressive and life-threatening liver disease. "Health Canada's authorization of Bylvay brings an important medicine to Canadians living with PFIC and their families," said Stewart Campbell, Executive Vice President and President of North America, Ipsen. "Bringing new medicines to new markets where unmet need exists illustrates Ipsen's mission to improve patient lives. We are pleased to work with Medison to get Bylvay to prescribers as soon as possible."
AKRO

Hot Stocks

07:09 EST Akero Therapeutics expects cash to fund operating plan into 2026 - Akero's cash, cash equivalents and short-term and long-term marketable securities for the period ended September 30, 2023 were $613.0 million. Akero believes that its current cash, cash equivalents, short-term and long-term marketable securities will be sufficient to fund its current operating plan into 2026.
ODFL

Hot Stocks

07:04 EST Old Dominion announces general rate increase of 4.9%, effective December 4 - Old Dominion Freight Line announced a general rate increase GRI of 4.9% applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 4. Todd A. Polen, Old Dominion Freight Line's Vice President - Pricing Services, commented, "In line with our economic forecast and expectations for the anticipated operating environment, OD is implementing a general rate increase to ensure the continued enhancement of our high-quality service network and systems. We remain committed to providing our premium value proposition of on-time, claims-free service at a fair price as well as exceeding customer expectations and delivering on their promises. This GRI, applicable to our class tariffs, aims to partially offset rising costs associated with new real estate and expansion projects, new equipment, technology investments, and competitive employee wage and benefit packages. The overall increase is anticipated to be approximately 4.9 %. While the GRI's impact will vary based on individual shipment lanes and distances traveled, it aligns with our long-term yield management strategy. The GRI also includes nominal increases in minimum charges for intrastate, interstate, and cross-border lanes."
ABOS

Hot Stocks

07:02 EST Acumen secures $50.0M credit facility with K2 HealthVentures - Acumen has entered into a senior secured loan and security agreement with K2 HealthVentures, a healthcare-focused specialty finance company. The loan agreement provides up to $50.0M principal in term loans consisting of a first tranche of $30.0M, which was funded at closing, and a second tranche of up to $20.0M which may be funded in installments upon the company's request, subject to review by the lenders of certain information from the company and discretionary approval from the lenders. The loan matures on November 1, 2027 and may be extended to November 1, 2028 if the company achieves certain financing milestones.
PASG

Hot Stocks

07:02 EST Passage Bio expects cash to fund operations into 4Q25 - Following a reallocation of resources completed in July, the company has extended its cash runway into the fourth quarter of 2025. This strategic financial management ensures that sufficient resources are available to continue delivering on meaningful clinical data from ongoing research and development efforts. The company remains steadfast in its commitment to prudent resource allocation.
BA

Hot Stocks

06:59 EST Royal Jordanian orders four Boeing 787-9 Dreamliner jets - Boeing and Royal Jordanian announced an order for four 787-9 Dreamliner jets as the airline expands and modernizes its widebody fleet. Jordan's flag carrier also reconfirmed at the Dubai Airshow a previous order for two 787-9s, bringing its total 787-9 backlog to six.
ACM AAL

Hot Stocks

06:57 EST Aecom appoints Derek Kerr to board of directors - AECOM (ACM) announced the appointment of Derek Kerr to its Board of Directors. Kerr brings to the Board extensive executive, finance and accounting expertise having previously served several leadership roles at the American Airlines Group (AAL), Inc., most recently as Vice Chair and President of American Eagle. In addition, Mr. Kerr previously served as Executive Vice President and Chief Financial Officer of American Airlines. Mr. Kerr's appointment is effective November 16, 2023, at which time he will also be appointed to the Audit Committee.
WBX

Hot Stocks

06:55 EST Wallbox accelerates partnership with Sonepar - Wallbox is accelerating its partnership with Sonepar by closing their ninth local partnership with Elektroskandia Sverige, a Sonepar Company, in Sweden. This partnership advances the energy transition by granting installers access to cutting-edge, user-friendly, and efficient charging solutions. The EV charging market is on an electrifying trajectory, with growth figures reshaping the transportation landscape. Sonepar and Wallbox established their partnership in 2022, and their joint efforts have since resulted in growth into multiple countries, including the USA, Spain, Italy, Switzerland, France, Canada, Austria, and the Netherlands. Equipped with Wallbox's extensive portfolio of AC and DC electric vehicle charging and energy management solutions for residential, commercial, and public segments - areas where Sonepar is continuing to grow - the Group is enabling its customer base to provide end-users with the necessary tools to deliver a best-in-class EV charging experience, monitor energy consumption, save costs, and operate in a more sustainable manner.
JILL AXGN

Hot Stocks

06:50 EST J.Jill appointa Maria Martinez as CHRO - J.Jill announced the appointment of Maria Martinez as its Chief Human Resources Officer, effective immediately. In this role, Martinez will lead J.Jill's human resources function and strategy, including talent acquisition and retention, corporate and retail business partners, culture and engagement, diversity, equity, and inclusion, corporate communications, and total rewards. Martinez joins J.Jill from Axogen, Inc., a publicly traded company focused on surgical solutions for peripheral nerve repair.
AVNT MMM

Hot Stocks

06:47 EST Avient CEO Robert Patterson to retire, Ashish Khandpur to succeed - Avient (AVNT) announced that its board of directors has unanimously voted to elect Ashish Khandpur as president and CEO, effective December 1. In connection with this appointment, the board has elected Richard Fearon, lead independent director, as non-executive chairman of the board, also effective December 1. Robert Patterson will retire from his roles as President and CEO and resign from the board. He will remain with the company through May 31, 2024 in an advisory capacity to help facilitate the leadership transition. Khandpur joins Avient after nearly three decades at 3M (MMM).
WLBMF

Hot Stocks

06:42 EST Wallbridge Mining discovers new area of gold mineralization at Grasset - Wallbridge Mining Company announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property, located 15 kilometres east of the Company's flagship Fenelon Gold Project. Scattered, gold-bearing quartz veins were intersected in nine of the 19 drill holes completed. Highlights: Widespread gold-bearing quartz veining intersected in nine drill holes, so far over an approximately 1-kilometre strike length; Small visible gold grains were observed in four drill holes with assay results up to 3.20 g/t Au over 2.50 metres. Assay results are pending for the visible gold-bearing portions of two of these holes, which are similar in appearance to the intervals that have returned assays; Drill program was increased from the originally intended 5,000 metres to approx. 10,500 metres in 20 drill holes, with the final hole still being completed. This release reports final assay results from ten drill holes and results are pending for an additional ten holes, including the final one still being drilled. "Our initial drill program on the grassroots Grasset Gold property is a good start in this new, unexplored area," said Attila Pentek, Wallbridge's Vice President, Exploration. "To find widespread gold mineralization in our first drill program in this entirely overburden covered area on the eastern end of our 97-kilometre-long property along the Detour-Fenelon Gold Trend speaks volumes to the vast untested potential of this and other target areas on our over 830-square-kilometre land package."
ANNX

Hot Stocks

06:40 EST Annexon expects cash to fund expenses into 2Q25 - Cash and cash equivalents and short-term investments were $165.3 million as of September 30, 2023. Annexon continues to expect its cash, cash equivalents and marketable securities as of September 30, 2023, to be sufficient to fund the company's planned operating expenses into the second quarter of 2025.
AL BA

Hot Stocks

06:40 EST Air Lease signs long-term lease contracts for 18 new Boeing 737-8 Aircraft - Air Lease (AL) announced long-term lease contracts for 18 new Boeing (BA) 737-8 aircraft with Egyptair. These new Boeing aircraft are confirmed to deliver to the airline beginning in 2025 through 2026 from ALC's order book with Boeing. This is the first deal between ALC and the Egyptian flag carrier and the first 737-8 addition to the Egyptair fleet.
KALV

Hot Stocks

06:36 EST KalVista reaches patient milestone in Phase 3 KONFIDENT trial - KalVista Pharmaceuticals provided clinical trial and regulatory updates for its lead program sebetralstat, in development as a potential oral on-demand therapy for hereditary angioedema. KalVista has achieved the targeted number of on-treatment attacks required to complete the phase 3 KONFIDENT trial. The trial is a cross-over study in which patients are intended to treat a total of three attacks: one each with 300 mg sebetralstat, 600 mg sebetralstat and placebo, given in a randomized sequence. Topline data readout is expected in early 2024, remaining on track for a NDA submission to the FDA in the first half of 2024. The company also expects to file for approval in the European Union and Japan later in 2024. In addition, the KONFIDENT-S open label extension study continues to enroll, and the Company expects it will provide a robust safety database to support the planned NDA filing.
MGDPF CXBMF

Hot Stocks

06:35 EST Calibre Mining to acquire Marathon Gold for C$0.84 per share - Calibre Mining Corp. (CXBMF) and Marathon Gold Corporation (MGDPF) are pleased to announce that the Parties have entered into a definitive arrangement agreement whereby Calibre will acquire all of the issued and outstanding common shares of Marathon pursuant to a court-approved plan of arrangement. The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 - 2026E. The combined company will have a strong balance sheet with a combined cash balance of $148 million and significant free cash flow generated from Calibre's existing mines. This financial strength is expected to facilitate the seamless construction of the Valentine Gold Project and a continuous flow of exciting discovery and resource-building drill results from Nicaragua, Nevada and Newfoundland & Labrador. In connection with the Transaction, Calibre has agreed to purchase on a non-brokered private placement basis 66,666,667 common shares of Marathon at C$0.60 per share for gross proceeds of C$40 million representing a 14.2% equity interest in Marathon on an issued and outstanding basis; closing is expected to be completed on November 14, 2023 and is not contingent on closing of the Transaction. Pursuant to the Transaction, Marathon shareholders will receive 0.6164 of a Calibre common share for each Marathon common share held. The Consideration implies a value of C$0.84 per Marathon common share and gross Transaction equity value consideration of C$345 million on a fully diluted in-the-money basis. This represents a premium of 32% based on spot and 61% based on Calibre's and Marathon's 20-day VWAP as at November 10, 2023. Existing shareholders of Calibre and Marathon will own approximately 66% and 34% of the combined company, respectively. Marathon will also be entitled to nominate one member to the board of directors of Calibre. In connection with the Transaction, Calibre agreed to purchase 66,666,667 common shares of Marathon at C$0.60 per share for gross proceeds of C$40 million pursuant to the Concurrent Private Placement, representing a 14.2% equity interest in Marathon on an issued and outstanding basis. Closing of the Concurrent Private Placement is expected to be completed on November 14, 2023 and is not contingent on closing of the Transaction. The Transaction will be completed pursuant to a court-approved plan of arrangement under the Canada Business Corporations Act. The Transaction will be subject to the approval of at least 66- 2/3% of the votes cast by Marathon shareholders at a special meeting of Marathon shareholders and a simple majority of disinterested shareholders The issuance of common shares by Calibre as the Consideration in connection with the Transaction is subject to the approval of a majority of the votes cast by the shareholders of Calibre at a special meeting of Calibre shareholders. In addition to shareholder approvals, the Transaction is also subject to the receipt of certain regulatory, court and Toronto Stock Exchange approvals and other closing conditions customary in transactions of this nature. The Arrangement Agreement includes, among other things, a non-solicitation covenant on the part of Marathon (subject to customary fiduciary out provisions) and a right for Calibre to match any competing offer that constitutes a superior proposal. Under certain circumstances, Calibre would be entitled to a C$17.5 million termination fee and Marathon would be entitled to a C$17.5 million reverse termination fee. Officers and directors of Calibre, along with B2Gold Corp., which hold approximately 27% of the outstanding Calibre common shares, have entered into voting support agreements pursuant to which they have agreed, among other things, to vote their Calibre common shares in favour of the Transaction. Officers and directors of Marathon which hold approximately 0.9% of the outstanding Marathon common shares, have entered into voting support agreements pursuant to which they have agreed, among other things, to vote their Marathon common shares in favour of the Transaction. Sprott Private Resource Lending II (Collector-2), LP and Sprott Resource Lending Corp. have provided a conditional waiver of certain provisions of, and defaults and events of default arising under, the amended and restated credit agreement dated January 24, 2023 between Marathon, as borrower, and Sprott relevant to or arising as a result of the Transaction. Such waivers are subject to and conditional upon the satisfaction of certain conditions prior to closing of the Transaction. Full details of the Transaction will be included in the respective management information circulars of Calibre and Marathon, expected to be mailed to shareholders in mid-December 2023. Both shareholders' meetings and closing of the Transaction are expected in January 2024.
GSK

Hot Stocks

06:32 EST GSK reports positive CHMP opinion recommending momelotinib - GSK plc announced the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency has adopted a positive opinion recommending approval of momelotinib for the treatment of disease-related splenomegaly or symptoms in adult patients with moderate to severe anemia who have primary myelofibrosis, post polycythaemia vera myelofibrosis or post essential thrombocythaemia myelofibrosis and who are Janus kinase inhibitor naive or have been treated with ruxolitinib. "The CHMP opinion is one of the final steps prior to a marketing authorization decision by the European Commission. If approved, momelotinib would be the only medicine in the European Union specifically indicated for both newly diagnosed and previously treated myelofibrosis patients with moderate to severe anemia that addresses splenomegaly and symptoms," the company says. Nina Mojas, Senior Vice President, Oncology Global Product Strategy, GSK, said: "Momelotinib has a differentiated mechanism of action that may address the significant medical needs of myelofibrosis patients, especially those with moderate to severe anaemia. The vast majority of myelofibrosis patients will develop anaemia, causing them to require transfusions and leading a notable proportion to discontinue treatment. This positive CHMP opinion is a significant step in bringing momelotinib to patients in the EU with this difficult-to-treat blood cancer."
PSN

Hot Stocks

06:31 EST Parsons included on $5B contract to revitalize Puerto Rico's power system - Parsons Corporation announced that the company was included on a multiple award indefinite-delivery, indefinite-quantity task order contract for the Puerto Rico Power System Stabilization Project by the United States Army Corps of Engineers Savannah District. The $5 billion ceiling value contract includes a base performance period of five years and represents new work for the company. Under this contract, Parsons will compete for task orders to provide temporary power generation for the stabilization of Puerto Rico's power grid, supporting the government's request for assistance and aiding residents of the island as they recover from natural disasters.
INGR

Hot Stocks

06:11 EST Ingredion to divest business in South Korea to Sajo Group, terms not disclosed - Ingredion signed a definitive agreement to divest its business in South Korea to an affiliate of the Sajo Group, a leading food company headquartered in Seoul, South Korea. The transaction is expected to close in the first quarter of 2024, subject to regulatory approvals and satisfaction of other customary closing conditions. Citi is acting as financial advisor and Kim & Chang as legal advisor to Ingredion.
FQVLF

Hot Stocks

06:10 EST First Quantum Minerals provides update on Cobre Panama - First Quantum Minerals announced that its subsidiary, Minera Panama, has begun to reduce ore processing operations at the Cobre Panama mine. Cobre Panama has reduced its processing operations by ramping down one ore processing train while two remain operational. This disruption to operations is due to an illegal blockade of small boats at the mine's Punta Rincon port. The illegal actions at the port have affected the delivery of supplies for the mine's on-site power generation plant, which is necessary for full operations and for safe environmental stewardship, including operation and maintenance of the tailings management facility. In addition, the illegal actions have hindered the loading of copper concentrate onto vessels. First Quantum and MPSA respect the right to protest in a safe and lawful manner, however, the illegal actions at the port are impacting operations at Cobre Panama just as the illegal blockades by protestors in other parts of the country over the last three weeks have been impacting the daily lives of Panamanians and the Panamanian economy. The Chamber of Commerce, Industries and Agriculture of Panama estimates the cost of the protests and road blockades across the country at between $60 and $90 million per day. In response to the ongoing protests and the economic impacts, S&P, Moody's and Fitch have all taken negative credit actions for Panama in recent weeks. MPSA is taking a methodical and responsible approach to adapt its operations to these circumstances. The health, safety and well-being of the workforce, as well as the safe environmental management of the site and tailings storage facility, are central to MPSA's approach. If normal port activities do not resume, the reduction of ore processing at Cobre Panama will directly impact over 7,000 employees and contractors as well as an additional 40,000 people whose livelihood is directly associated in providing services to the mine. This is estimated to represent more than 2 percent of the Panamanian national workforce, who in turn support an estimated 100,000 Panamanians. In addition, the mine will need to significantly reduce the purchase of supplies and services that are equivalent to $20 million in weekly revenues to more than 2,000 Panamanian companies. Cobre Panama contributes approximately 5 percent of Panama's GDP and makes up 75 percent of the country's export of goods.
AUPH

Hot Stocks

06:08 EST Aurinia Pharmaceuticals partner Otsuka files NDA in Japan for Lupkynis - Aurinia Pharmaceuticals' collaboration partner, Otsuka Pharmaceutical, filed a NDA for voclosporin - Lupkynis - for the treatment of lupus nephritis with the Japanese Ministry of Health, Labour, and Welfare for the manufacture and sale in Japan of voclosporin, a second-generation oral calcineurin inhibitor for the treatment of lupus nephritis. LN is a complication of the autoimmune disease systemic lupus erythematosus that seriously impacts the kidneys. In January 2021, the FDA approved voclosporin in combination with a background immunosuppressive therapy regimen for the treatment of adult patients with active LN and it is currently available in the U.S. under the brand name Lupkynis. Aurinia and Otsuka entered a collaboration and licensing agreement in December 2020 for the development and commercialization of voclosporin for the treatment of LN in the EU, Japan, the United Kingdom, Russia, Switzerland, Norway, Belarus, Iceland, Liechtenstein, and Ukraine. As part of the agreement, Aurinia is eligible to receive a payment of $10M upon approval in Japan along with low double-digit royalties on net sales once launched.
HSIC

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06:07 EST Henry Schein provides update on cybersecurity incident - The company said, "As disclosed in the Company's Current Report on Form 8-K filed on October 16, 2023, Henry Schein discovered a cybersecurity incident on October 14, 2023 that primarily affected its dental and medical distribution businesses. The Company has contained the incident, restored most of the business-critical systems it proactively took offline in response to the situation, and is making significant progress towards resuming normal-course operations. On November 2, 2023, the Company filed a Form 12b-25 with the SEC and expects to file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023 before the end of November 2023. The Company also expects to file an insurance claim in 2024 related to this incident. We expect the claim will be covered under its cyber insurance policy, although final resolution is subject to insurer approval. This policy has a $60 million after-tax claim limit after a $5 million retention, and any recovery from the claim will likely not be recognized until late 2024."
BA

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05:32 EST flydubai to purchase 30 Boeing 787-9 Dreamliners - Boeing and flydubai announced an agreement to purchase 30 787-9 Dreamliners as the airline diversifies its fleet with the introduction of widebody jets. In a signing ceremony at the Dubai Airshow, the Dubai-based carrier said it plans to use the efficient 787 to open new routes and grow capacity on existing routes.
BA

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05:31 EST Emirates orders 90 Boeing 777X airplanes - Boeing and Emirates announced that the world's largest 777 operator has placed an order for 90 777X airplanes, including 55 777-9 and 35 777-8 jets. The new order, which increases Emirates' 777X family backlog to 205 planes, was announced during the Dubai Airshow at a signing event attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO, Emirates Airline and Group; and Stan Deal, president and CEO of Boeing Commercial Airplanes.
PLMI

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05:29 EST Veea, Plum Acquisition Corp. I enter LOI for business combination - Veea and Plum Acquisition Corp. I announced the signing of a non-binding letter of intent, or LOI, for a potential business combination. Founded in 2014, Veea offers edge-to-cloud computing with its VeeaHub smart computing hub products, multi-user devices that can replace or complement Wi-Fi Access Points, IoT gateways, routers, basic firewalls, network attached storage, and other types of hubs and appliances at user premises. Under the terms of the non-binding letter of intent, Veea and Plum would become a combined entity, with Veea's existing shareholders exchanging their shares in Veea for equity in the combined public company. Veea and Plum expect to finalize a definitive business combination agreement in the coming weeks and plan to announce additional details at that time. Completion of a business combination between Veea and Plum is subject to, among other things, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction, the satisfaction of the conditions negotiated therein, and approval of the transaction by the board and shareholders of both Veea and Plum. There can be no assurance that a definitive agreement will be entered into or that the proposed business combination will be consummated on the terms or timeframe currently contemplated, or at all.
BDRBF

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05:25 EST Bombardier Defense delivers seventh aircraft for Saab - Bombardier Defense announced the seventh Global aircraft delivery to defense and security company Saab, ready to be transformed into Saab's Airborne Early Warning and Control, or AEW&C, solution known as GlobalEye. This new delivery comes as the two companies attend the Dubai Air Show 2023, where Bombardier presents its versatile Global and Challenger business jets to the Middle East market, and Saab showcases the leading capability of GlobalEye. Bombardier's latest Global aircraft delivery is destined to join the Swedish Air Force and will be Saab's second GlobalEye aircraft to join Sweden's military fleet. The seven aircraft delivered by Bombardier to the GlobalEye program highlight a successful collaboration and echo Bombardier's thriving, long-standing reputation manufacturing specialized aircraft for the defense industry.
HON ACHR

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05:23 EST Honeywell secures contracts over $10B - Honeywell (HON) has announced its Advanced Air Mobility, or AAM, business unit has secured contracts worth over $10B. Since its formation just over three years ago, the unit has developed vital partnerships with companies such as Archer Aviation (ACHR), Lilium, Pipistrel, Supernal and Vertical Aerospace. The $10B in wins represents Honeywell's assessment of the lifetime value of awards using an internal forecast of the number of AAM vehicles the company expects to be built.
SSL

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05:20 EST Sasol announces Sipho Nkosi steps down as chairman, non-executive director - Shareholders are advised in terms of paragraph 3.59 of the JSE Listings Requirements that Sipho Nkosi has stepped down as chairman and non-executive director of Sasol. Nkosi came to the conclusion that, while he was comfortable that he would be able to comply with the conflict of interest requirements of the Companies Act, 2008 and of the company, he was concerned that some of his business interests may be perceived to place him in conflict with the interests of Sasol. The board has appointed Stephen Westwell, currently non-executive and lead independent director, as pro tem chairman of the board of Sasol, with effect from November 11. The nomination and governance committee will in due course nominate a successor for the role of chairman in line with its formal succession plan.
PSFE

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05:14 EST Paysafe enters payment solutions partnership with Fanatics - Paysafe announced a new partnership with Fanatics betting and gaming, the subsidiary of global digital sports platform Fanatics. Under the deal, Fanatics Sportsbook has integrated with Paysafe to offer its customers traditional card payments and other alternative payment methods, or APMs. Paysafe's support of card transactions allows Fanatics Sportsbook's customers across Kentucky, Maryland, Massachusetts, Ohio, and Tennessee, to deposit into their player account using their debit cards. Following the operator's regulatory approval in several other U.S. iGaming jurisdictions, Fanatics Sportsbook's partnership with Paysafe is expected to expand into new states imminently.
BA

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05:12 EST Boeing reports SunExpress to purchase up to 90 737 MAX jets - Boeing and SunExpress, a joint venture of Turkish Airlines and Lufthansa, announced the airline has again selected the 737 MAX. With a commitment to purchase up to 90 fuel-efficient single-aisle Boeing jets, announced at the Dubai Airshow, Turkiye's leisure carrier will more than double its fleet into the next decade. The agreement includes 28 737-8 and 17 737-10 models, with the opportunity for up to 45 additional 737 MAX airplanes.
LILM

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05:10 EST Lilium announces ArcosJet purchase of 10 Lilium Jets - ArcosJet DMCC and Lilium have announced ArcosJet's purchase of 10 Lilium Jets, expected to be delivered through 2026 & 2027. Following the appointment of ArcosJet as an exclusive authorized dealer for private sales of the Lilium Jet in their region, ArcosJet's purchase means eVTOL travel will soon be available for customers in the Middle East. The Lilium Pioneer Edition Jet will offer the largest cabin in its category, low-noise, high-speed regional transport with zero operating emissions, where passengers will enjoy large panoramic views in its four-seat cabin. Deliveries of the premium eVTOL jet are expected to begin in early 2026. The Lilium Jets will be delivered to customers with a comprehensive maintenance program, pilot training, and two charging stations.
BAM

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05:07 EST Brookfield Asset Management opens new office in Frankfurt - Brookfield Asset Management announced the opening of its new Frankfurt office. The new office reinforces Brookfield's conviction in Germany and enables it to be closer to its investors, portfolio companies and investment opportunities across the German-speaking region. Brookfield has been actively investing in Germany since 2013. Through its operations, Brookfield employs over 4,000 people in Germany.