Stockwinners Market Radar for December 12, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

PFSI

Hot Stocks

20:07 EST PennyMac Financial director Kinsella sells 10,000 common shares - In a regulatory filing, PennyMac Financial director Patrick Kinsella disclosed the sale of 10,000 common shares of the company on December 8 at a price of $79.6053 per share.
CYTO

Hot Stocks

19:50 EST Altamira Therapeutics trading halted, news pending
LRCX

Hot Stocks

19:44 EST Lam Research CEO Archer sells 8,500 common shares - In a regulatory filing, Lam Research president and CEO Timothy Archer disclosed the sale of 8,500 common shares of the company on December 11 at a price of $710.24 per share.
NEGG

Hot Stocks

19:00 EST Newegg Commerce regains Nasdaq compliance - Newegg Commerce announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Capital Market notifying the company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). The Notification Letter confirmed that the company evidenced a closing bid price at or greater than the $1.00 per ordinary share minimum requirement for the last 10 consecutive business days from November 28, 2023 to December 11, 2023 and that the company has regained compliance with the Nasdaq Minimum Bid Price Requirement. As a result, the listing matter has been closed.
MUX

Hot Stocks

18:54 EST McEwen Mining sees FY23 production 154,200 GEOs - McEwen Mining reported its consolidated production in the October-November period has increased to 29,600 gold equivalent ounces, a significant improvement over the first nine months of the year. In November, Gold Bar production increased to 7,800 gold ounces. As a result of the strong performance at Gold Bar, partially offset by slightly lower production at Fox and San Jose, forecast for the FY23 is now estimated at 154,200 GEOs. "Gold Bar has picked up the pace in the fourth quarter due to higher ore crushing rates combined with an expansion of the heap leach pad, which resulted in a large gold inventory on the heap leach pad starting to produce in October. Monthly production is projected to remain strong in December and into Q1 2024. The additional production from Gold Bar, combined with the announced flow-through equity financing for Fox exploration and development, puts us in a good financial position to enter 2024. Our focus is on driving continued operational improvements and growth projects across the organization," commented Rob McEwen, Chairman and Chief Owner.
RIOT

Hot Stocks

18:35 EST Riot Platforms exec Jackman sells 57,000 common shares - In a regulatory filing, Riot Platforms executive VP and General Counsel William Richard Jackman disclosed the sale of 57,000 common shares of the company on December 8 at a price of $15.6784 per share.
XPER

Hot Stocks

18:17 EST Xperi to sell its AutoSense in-cabin safety business to Tobii AB - Xperi announced it has entered into a definitive agreement to sell its AutoSense in-cabin safety business and related imaging solutions to Tobii AB, an eye tracking and attention computing company based in Sweden listed on the Stockholm Nasdaq exchange. Sale proceeds of $42.7M are comprised of a senior secured promissory note in the principal amount of approximately $27.7M carrying a fixed rate of 8% interest to be repaid by Tobii in three annual installments beginning in 2027, and an aggregate of $15M in future cash payments scheduled to be received over four years beginning in 2028. In addition, there is potential incremental contingent cash consideration paid in 2031 directly tied to the success of Tobii's in-cabin safety business over the next seven years. The transaction is subject to customary closing conditions and is expected to close within 30 days. The estimated impact on 2024 revenue is approximately $30M and the transaction is expected to be modestly accretive to Adjusted EBITDA upon closing. The Company expects to issue FY24 guidance in February. Centerview Partners LLC served as exclusive financial advisor for Xperi, and DLA Piper LLP acted as legal advisor.
TTWO...

Hot Stocks

18:07 EST Take-Two to be added to Nasdaq-100 index, Seagen to be removed at open on 12/18 - Nasdaq (NDAQ) announced an update to the annual reconstitution of the Nasdaq-100 Index (NDX). Per the announcement by Pfizer (PFE), the pending acquisition of Seagen (SGEN) is expected to close on December 14. As a result, Take-Two Interactive Software (TTWO) will be added to the Nasdaq-100 Index and Seagen will be removed as part of the annual reconstitution, which will become effective prior to market open on Monday, December 18.
YQ

Hot Stocks

18:02 EST 17 Education & Technology to change ratio of its ADSs - 17 Education & Technology Group announced that it plans to change the ratio of its American Depositary Shares, or ADSs, to its Class A ordinary shares, par value $0.0001 per share, from the current ADS Ratio of one ADS to ten Class A ordinary shares to a new ADS Ratio of one ADS to fifty Class A ordinary shares, effective on or about December 18. For 17EdTech's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-five reverse ADS split. On the Effective Date, holders of the ADSs will be required to surrender and exchange every five ADSs then held for one new ADS. The Bank of New York Mellon, as the depositary bank for 17EdTech's ADS program, will arrange for the exchange. 17EdTech's ADSs will continue to be traded on the Nasdaq Global Select Market under the symbol "YQ."
WRBY

Hot Stocks

17:44 EST Warby Parker CFO Steven Miller sells $246K in company shares - Warby Parker CFO Steven Miller disclosed the sale of 21,550 shares of company stock at $11.42 per share on December 11, for a total transaction amount of $246,101.
XPO YELL

Hot Stocks

17:39 EST XPO approved to buy 28 service centers as part of Yellow's bankruptcy - XPO (XPO) announced that the United States Bankruptcy Court for the District of Delaware has approved the company's offer to acquire 28 service center locations previously operated by Yellow Corporation (YELL). XPO will purchase 26 service centers and assume existing leases for the other two locations. The transaction is expected to close by the end of 2023. Mario Harik, chief executive officer of XPO, said, "This acquisition of real estate is a once-in-a-generation opportunity to increase capacity in critical, growing freight markets, create more jobs and serve our customers even more effectively. We look forward to integrating these prime sites to enhance network efficiency and drive our next decade of growth." The transaction will complement XPO's national network with prime real estate in fast-growing freight markets, including Atlanta, Brooklyn, Columbus, Greensboro, Houston, Indianapolis, Las Vegas, Minneapolis, Nashville, Portland and Central Pennsylvania. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to XPO in connection with this transaction.
QUIK

Hot Stocks

17:36 EST QuickLogic increases credit facility from $15M to $20M, extends maturity date - QuickLogic announced that, effective December 8 it entered into a seventh amendment to its amended and restated credit facility, dated as of December 21, 2018 to increase the line of credit and extend the maturity date. The Seventh Amendment increases the credit facility from $15M to $20M and extends the maturity date from December 31 to December 31, 2025.Mike Hansen, Senior Vice President of Heritage Bank, commented, "We are pleased to be able to increase our commitment to QuickLogic and have greatly appreciated our long-term partnership with the Company." "We are pleased to have the continued support of Heritage Bank," said Chief Financial Officer, Elias Nader. "Increasing our credit facility provides us with enhanced operational flexibility for our business needs while recognizing our solid financial results and improving business outlook." Additional details on the terms of the amendment are available in the 8-K filed with the Securities and Exchange Commission on December 12.
BEN

Hot Stocks

17:33 EST Franklin Resources raises dividend 3.3%, adds to stock repurchase plan - Franklin Resources announced a quarterly cash dividend in the amount of 31c per share payable on January 12, 2024 to stockholders of record holding shares of common stock at the close of business on January 3, 2024. The quarterly dividend of 31c per share represents a 3.3% increase over the dividends paid for the prior quarter and the same quarter last year. The company has raised its dividend every year since 1981. Furthermore, the company's Board of Directors has authorized the company to repurchase, from time to time, up to an additional 27.2M shares of its common stock in either open market or private transactions, for a total of up to 40M shares available for repurchase. The new share authorization is in addition to the existing authorization, of which approximately 12.8M shares remained available for repurchase at November 30, 2023. The stock repurchase program is not subject to an expiration date.
CPA

Hot Stocks

17:33 EST Copa Holdings reports November passenger traffic up 12.4% y/y - Copa Holding released preliminary passenger traffic statistics for November 2023. For November 2023, Copa Holdings' capacity, or ASMs, increased by 11.9%, while system-wide passenger traffic, or RPMs, increased by 12.4%, compared to 2022. As a result, the system load factor for the month was 87.4%, 0.4 percentage points higher than in November 2022.
J

Hot Stocks

17:23 EST Jacobs VP Hill sells $701K in company shares - VP of Jacobs Solutions Patrick Hill disclosed the sale of 5,500 shares of company stock at $127.48 per share on December 8, for a total transaction amount of $701,162.
BBAI

Hot Stocks

17:18 EST BigBear.ai announces $17.9M contract extension from the Army - BigBear.ai announced a significant extension from the U.S. Army to continue as the prime contractor for the Global Force Information Management, or GFIM, system. Valued at $17.9M, this extension capitalizes on the delivery and acceptance of BigBear.ai's work during Phase 1 and Phase 2. The extended work will focus on enhancing the data layer, further developing the MVP in line with Army priorities, and ensuring all systems operate within a secure and accredited IL5/IL6 cARMY Cloud environment.
CYCC

Hot Stocks

17:18 EST Cyclacel Pharmaceuticals announces 1-for-15 reverse stock split - Cyclacel Pharmaceuticals biopharmaceutical company developing innovative medicines based on cancer cell biology, announced that it will implement a 1-for-15 Reverse Stock Split of its common stock , effective at 5:00 p.m. Eastern Time on Friday, December 15, . The Reverse Stock Split, which was approved by stockholders at the Company's Special Meeting of Stockholders on December 8, is primarily intended to bring the Company into compliance with the minimum bid price requirement for maintaining its listing on The Nasdaq Capital Market. Beginning with the opening of trading on Monday, December 18, the Company's common stock will trade on The Nasdaq Capital Market on a split-adjusted basis under the existing symbol "CYCC" and a new CUSIP number 23254L801.
LMT

Hot Stocks

17:16 EST Lockheed Martin awarded $174.64M Navy contract modification - Lockheed Martin was awarded a $174.64M firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract. This modification exercises an option to procure Lot 17 helmet mounted display requirements in support of the F-35 Joint Strike Fighter aircraft for the Air Force, Marine Corps, Navy, F-35 Cooperative Program Partners, and Foreign Military Sales customers. Work is expected to be completed in February 2028. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. Naval Air Systems Command is the contracting activity.
LMT

Hot Stocks

17:15 EST Lockheed Martin awarded $442.96M Army contract modification - Lockheed Martin was awarded a $442.96M modification to a contract for the Black Hawk helicopter program. Work will be performed in Stratford, Connecticut, with an estimated completion date of June 30, 2027. Fiscal 2024 aircraft procurement, Army funds in the amount of $442.96M were obligated at the time of the award. Army Contracting Command is the contracting activity.
BAESY

Hot Stocks

17:14 EST BAE Systems awarded $8.82B Army contract - BAE Systems was awarded an $8.82B fixed-price with economic-price-adjustment contract for production of explosives and the operation and maintenance of the Holston Army Ammunition Plant from January 1, 2024, through Dec. 31, 2033. Bids were solicited via the internet with three received. Work locations and funding will be determined with each order, with an estimated completion date of December 31, 2033. Army Contracting Command is the contracting activity.
JPM

Hot Stocks

17:12 EST JPMorgan's Marianne Lake sells $5.2M in company shares - JPMorgan officer Marianne Lake disclosed the sale of 32,243 shares of company stock at $160 per share on december 12, for a total transaction amount of $5,158,906.
SIG

Hot Stocks

17:09 EST Signet Jewelers CFO Hilson sells $967K in company shares - Signet Jewelers CFO Joan Hilson disclosed the sale of 10,000 shares of company stock at $96.69 per share on December 11, for a total transaction amount of $966,901.
VET

Hot Stocks

17:08 EST Vermilion Energy sees FY24 FFO C$1.3B - Vermilion Energy announced its 2024 budget and updated return of capital framework, including a 20% dividend increase. Highlights include: 2024 FFO and free cash flow are forecasted to be approximately C$1.3B and C$700M, respectively, based on forward commodity prices; FCF represents an approximately 40% increase versus our 2023 forecast. Sees FY24 capital expenditure budget of C$600M-C$625M includes increased investment in our BC Montney asset and advancement of key growth projects in Germany and Croatia. Sees FY24 production guidance 82,000 - 86,000 boe/d. It reflects a mid-year start-up of the new BC Montney battery and Croatia gas plant and underpins the forecasted 40% increase to FCF. Vermilion continues to provide investors with market diversification as 40% of our 2024 natural gas production will be produced in Europe and receive European gas benchmark pricing, which is approximately six times higher than forward AECO pricing and supports our peer leading netbacks.On November 30 the European Union published a review of the temporary windfall tax and subsequent market developments in the energy sector. The report stated that the situation in energy markets is very different from the exceptional circumstances when the temporary windfall tax was initially established in October 2022, and therefore the European Union has not proposed to extend the mandate beyond 2023. Quarterly cash dividend increased by 20% to C$0.12 per share, effective with the Q1 2024 dividend payable in April 2024. Plan to increase return of capital allocation target to 50% of excess FCF, starting April 1, 2024. When combined, forecasted 40% increase in FCF, the amount of capital allocated to share buybacks in 2024 is expected to double from 2023 levels.
TEL

Hot Stocks

17:01 EST TE Connectivity board approves additional $1.5B share buyback - TE Connectivity announced that its board of directors has authorized an increase in its share repurchase program by an additional $1.5B. Any repurchases by the company will be made in accordance with applicable securities laws in the open market or in private transactions. The repurchase program is subject to business and market conditions, and may be commenced, suspended or discontinued at any time or from time to time without prior notice. The board also approved a recommendation to increase the company's quarterly dividend from $0.59 to $0.65 per share for the four fiscal quarters starting in April 2024, the beginning of the third fiscal quarter. The recommendation would raise the company's dividend by 10% from the annual rate of $2.36 per share to $2.60 per share, and will be presented for shareholder approval at the company's annual general meeting of shareholders on March 13, 2024.
GWW

Hot Stocks

17:01 EST Grainger sells E&R Industrial Sales to Paradigm Equity Partners, no terms - Grainger announced the sale of E&R Industrial Sales to Paradigm Equity Partners, a Los Angeles-based private equity firm. E&R Industrial became a subsidiary of W.W. Grainger in 2013. Grainger will continue to serve customers with maintenance metalworking products, services and expertise while focusing on its core business of maintenance, repair and operating products and services. Customers will continue to have access to E&R's assortment when purchasing through Grainger, while E&R customers will have access to Grainger's MRO-leading assortment when purchasing through E&R. Details of the agreement were not publicly disclosed.
ORCL

Hot Stocks

17:01 EST Oracle opens second Oracle Cloud Region in Chile - Oracle announced the opening of a second Oracle Cloud Region in Chile, making it the first hyperscaler to have two regions in the country. With the new Oracle Cloud Valparaiso Region and the existing region in Santiago, Oracle will help organizations across all industries in Chile strengthen business continuity while addressing data residency and sovereignty requirements. "The arrival of the second Oracle Cloud Region in Chile is a significant milestone as it allows our customers to gain the benefits of OCI's services, while leveraging best practices for business continuity and disaster recovery," said Joaquin Ma-Shichoy, managing director, Oracle Chile. "With the opening of the Oracle Cloud Valparaiso Region, we're strengthening our commitment to Chile's technological development by enabling organizations - including those in highly regulated industries and with in-country data residency requirements - to accelerate their journeys to the cloud."
WLDN

Hot Stocks

16:43 EST Willdan Group announces retirement of CEO Tom Brisbin and succession plan - Willdan Group announced that on December 8, Tom Brisbin, Willdan's CEO, notified the Board of Directors of his intention to retire from his position as CEO of the company effective December 29. Tom will retain his role as Chairman of the Board and will act as the company's part-time consultant to ensure a smooth transition after December 29. Willdan's President, Mike Bieber, will succeed Tom as CEO and will become a Board Member effective as of December 30. Tom has served as Willdan's CEO since 2007, joining just after the company went public, and growing revenue more than six times over that period. During the 2008 financial crisis, he led the company's expansion into energy efficiency, diversifying into a growing market and adding long-term financial stability. Tom has focused most of his career on developing a culture of organic growth and fostering leadership. Willdan also announced that, in parallel with this transition, Kim Early, Willdan's CFO, and Micah Chen, Willdan's General Counsel, will each be promoted to Executive Vice President, effective December 30.
ATHM

Hot Stocks

16:35 EST Autohome declares cash dividend of $1.15 per ADS, amends dividend policy - Autohome announced that the company's board of directors had approved a cash dividend of $1.15 per ADS (or 28.75c per ordinary share payable in U.S. dollars to holders of ADSs and ordinary shares of record as of the close of business on December 29, 2023, New York Time and Beijing/Hong Kong Time, respectively. The aggregate amount of the Dividend will be approximately RMB1B. The Dividend is expected to be paid to holders of ordinary shares and ADSs on or around March 27, 2024. In light of Autohome's strong cash balance and healthy cash flow, the Board also approved an amendment to its dividend policy, pursuant to which the Board intends to declare a cash dividend semi-annually from 2024 to 2026. The total yearly cash dividend is expected to be no less than RMB1.5B with the exact amount to be determined by the Board based on the company's then financial performance, cash position, and applicable foreign exchange laws and regulations in China, among other factors.
CVLY

Hot Stocks

16:35 EST Codorus Valley Bancorp trading resumes
SLM

Hot Stocks

16:33 EST SLM sees capacity to return over $2B to shareholders over next 5 years - In a regulatory filing, SLM Corporation stated that the company "frequently provides relevant information to its investors via posting to its corporate website. On or about December 12, 2023, a presentation entitled "Sallie Mae Investor Forum -The Evolution of Our Balance Sheet and Capital Allocation Strategy- December 12, 2023" was made available on the Company's website." In an "illustrative example" in the slideshow, SLM stated "we see the capacity to return over $2B to shareholders over the next 5 years." Reference Link
ATHM

Hot Stocks

16:32 EST Autohome CEO Quan Long steps down, Tao Wu to succeed - Autohome announced that Quan Long has stepped down from his position as the CEO of the company due to his other personal commitments, effective immediately. Long will remain in his position as the chairman of the board of directors of the company. Dr. Jing Xiao has also resigned from his position as a director and a member of the Nominating and Corporate Governance Committee of the Board due to his other personal commitments, effective immediately. The company is pleased to announce that Tao Wu has been appointed as an executive director of the company and the CEO, and Keke Ding, a current director and member of the Compensation Committee of the Board, has been appointed as a member of the Nominating and Corporate Governance Committee of the Board, both effective immediately. Tao Wu has over 28 years of experience in the property and casualty insurance and automobile services industries. Wu currently serves as a director of Ping An Property & Casualty Insurance Company of China, Ltd
EOSE

Hot Stocks

16:32 EST Eos Energy, Pine Gate Renewables enter MOU to expand partnership - Eos Energy announced that Eos and Pine Gate Renewables, a renewable energy company focused on development and strategic financing of solar and storage projects throughout the United States, have entered into a memorandum of understanding, or MOU, to expand their existing partnership with a minimum additional volume of 500MWh. The partnership between the two companies launched in 2021 with projects in South Carolina and Utah. The MOU provides a framework for the partnership which is expected to be developed into a final master supply agreement, or MSA, between the two companies no later than March 29, 2024. The agreement contributes 500MWh to the company's pipeline and will be categorized as a letter of intent.
NUZE

Hot Stocks

16:31 EST NuZee appoints Randell Weaver as COO - NuZee announced Randell Weaver has been appointed to serve as the company's President and COO, effective immediately. As President & COO, Weaver will have responsibility for all U.S. operations. Weaver joined the company in August 2023 as Chief Financial Officer and will also continue to serve in that role. Weaver has more than 30 years of well-rounded manufacturing, distribution, and CPG experience with three prior terms as a public company President, COO or CFO and demonstrated success in cash management, fund raising, building and mentoring staff, structuring financing options, optimizing performance, growth, strategic planning and relationship management. Prior to joining NuZee, Weaver served as CFO of Reinvention Unlimited, providing financial and operational management, mentoring and executive oversight services for international manufacturing and distribution clients with a focus on regulated industries in food, pharmaceuticals and contracting. Before that, he held several key positions, including CFO of a publicly held CPG manufacturing and distribution company with international operations and units in baked organic baby foods, nutritional supplements, and highly regulated cannabis products. While there, he transitioned that issuer's listing from TSX to NASDAQ and helped raise in excess of $15M in debt and equity. Weaver previously held interim management positions at a private equity-acquired food packaging company and a frozen food company.
TTC

Hot Stocks

16:30 EST Toro Company raises quarterly dividend to 36c per share from 34c - The Toro Company announced that its Board of Directors has declared a regular quarterly cash dividend of 36c per share of TTC's common stock, an increase over the previous quarter's cash dividend of 34c per share of TTC's common stock. This marks the 15th consecutive year that the company has increased its dividend. The dividend is payable on January 11, 2024, to shareholders of record at the close of business on December 27, 2023.
CALM

Hot Stocks

16:29 EST Cal-Maine reports positive test result for avian influenza at Kansas facility - Cal-Maine Foods reported that one of the company's facilities in Kansas tested positive for highly pathogenic avian influenza, affecting approximately 684,000 laying hens, or approximately 1.6% of the company's total flock. Production at the facility has temporarily ceased as the Company follows the protocols prescribed by the USDA. Cal-Maine Foods is working to secure production from other facilities to minimize disruption to its customers. According to the USDA, these detections do not present an immediate public health concern and are not a threat to the food supply. Also, according to the USDA, HPAI cannot be transmitted through safely handled and properly cooked eggs or poultry. There is no known risk related to HPAI associated with eggs that are currently in the market and no eggs have been recalled. There have been no positive tests for HPAI at any other Cal-Maine Foods locations to date. Cal-Maine Foods believes it has implemented and continues to maintain robust biosecurity programs across all its locations. Additional strict protocols are in place designed to prevent exposure from the Kansas facility to other locations, including the Company's nearby layer complex which houses approximately one million hens. The Company continues to work closely with federal, state and local government officials and focused industry groups to mitigate the risk of future outbreaks and effectively manage the response.
HBNC

Hot Stocks

16:27 EST Horizon Bancorp executes balance sheet repositioning, sees accretion - Horizon Bancorp announced the execution of a balance sheet repositioning related to its investment securities portfolio and bank owned life insurance policies. The company sold $382.7M in available-for-sale securities, composed of treasury, agency, corporate, and municipal securities with a weighted average book yield of 2.01% and average duration of 3.4 years. Additionally, Horizon surrendered $112.8M in bank owned life insurance. These transactions are designed to immediately improve net interest income and provide significant flexibility to the company's go-forward funding strategies. The proceeds are expected to be re-deployed in the first half of 2024 into higher yielding loans and other liquid assets. Fourth quarter and full year 2023 net income is expected to reflect an after-tax impact of $32.7M, including a $31.6M pre-tax loss on the sale of securities. Horizon expects the results of these activities to be meaningfully accretive, with estimated annual contributions of $13M to net income and 30c to earnings per share. The company's regulatory capital ratios remain above well capitalized levels after the transactions, with total capital to risk weighted assets at 13.7%, tier 1 capital at 12.8% and common equity tier 1 at 10.7% on a pro forma basis as of September 30. The transactions are expected to be neutral to tangible common equity and stockholders' equity, while enhancing the efficiency of the bank's balance sheet.
RPT

Hot Stocks

16:24 EST RPT Realty shareholders approve mergers - RPT Realt announced that at a special meeting of the shareholders of RPT the RPT shareholders approved the proposal necessary for the closing of the previously announced mergers pursuant to the Agreement and Plan of Merger, dated as of August 28 by and among Kimco Realty Corporation Tarpon Acquisition Delaware limited liability company and a direct wholly owned subsidiary of Kimco etc, will merge with and into RPT OP, with RPT OP surviving the partnership merger PT will merge with and into Merger Sub with Merger Sub surviving the Company Merger as a wholly owned subsidiary of Kimco and immediately after the Company Merger, Kimco will contribute all outstanding membership interests of Merger Sub to Kimco OP. At the Special Meeting, approximately 99.8% of the votes were cast for the approval of the Company Merger and the other transactions contemplated by the Merger Agreement, which represented approximately 87.6% of outstanding RPT common shares, including restricted shares, as of November 1 the record date of the Special Meeting.The final voting results will be reported on a Form 8-K filed with the Securities and Exchange Commission by RPT with respect to the Special Meeting. The Mergers are expected to close on January 2, subject to the satisfaction or waiver of customary closing conditions.
FOX...

Hot Stocks

16:23 EST Tubi expands content partnership with Warner Bros. Discovery - Tubi, Fox Corporation's (FOXA) ad-supported video-on-demand service, announced that it has expanded its content deal partnership with Warner Bros. Discovery (WBD). Tubi has launched 10 all new curated FAST channels, each featuring premium Warner Bros. Discovery content that adds to the Warner Bros. branded FAST channels renewed on the service. New titles across Tubi's AVOD offering will include blockbuster DC Super Hero films including "The Batman," "Black Adam," "Wonder Woman," and "Aquaman," and popular series such as "Batwoman," "Gotham," and "Lois & Clark: The New Adventures of Superman." The world of Gotham and Superman is now available on Tubi via on-demand with classic films such as "Batman," "Batman Returns," and "Batman Forever," as well as "Superman: The Movie" and "Superman II," in addition to series "Batwoman," "Gotham," and "Krypton." Following soon on December 31st is the beloved long-running television series, "Lois & Clark: The New Adventures of Superman." Coming to Tubi for the first time in 2024 via on-demand are also popular movies from the multiverse featuring the Greatest Super Heroes such as "Aquaman," "Black Adam," "Birds of Prey (and the Fantabulous Emancipation of One Harley Quinn)," "Green Lantern," "Suicide Squad," "The Batman," "Wonder Woman," and "Wonder Woman 1984."
COLD

Hot Stocks

16:21 EST Americold Realty Trust to build, operate new $35M cold storage facility - Americold Realty Trust announced plans to build and operate a new $35M cold storage facility with 40,000 pallet positions, in the Jebel Ali Free Zone in the Port of Jebel Ali in Dubai. This investment builds on the strategic collaboration between Americold and DP World, a provider of worldwide smart end-to-end supply chain logistics with a global port infrastructure. The new facility will offer multi-temperature capabilities and connect to DP World's logistics solutions. Earlier this year, RSA Cold Chain entered into a long-term land lease agreement with DP World to support this development. Construction will start early 2024 and is expected to be completed by Q1 of 2025.
CREV

Hot Stocks

16:20 EST Carbon Revolution sees Q2 revenue $14M-$14.5M, backlog at $730M due to EVs - Based on current business conditions, business trends and other factors, the Company is providing an outlook for the fiscal second quarter ending December 31 . The Company expects revenue to be in the range of $14M to $14.5 M.. Backlog ...The Company's backlog has more than doubled since October 2022 to $730M . The increase in backlog primarily reflects new program awards, with almost 50% of the backlog for EVs.
TNDM

Hot Stocks

16:19 EST Tandem Diabetes announces full U.S. launch of Tandem Source - Tandem Diabetes Care announced the launch of Tandem Source, a diabetes management platform for insulin pump users and healthcare providers (HCPs). Tandem Source is designed to bring together the features of Tandem's legacy t:connect, t:connect HCP, and t:connect Portal offerings with new comprehensive data reporting in one central, scalable platform. Tandem Source is now available for all Tandem pump users and their HCPs in the United States, with international availability expected in 2024.
UGI

Hot Stocks

16:16 EST UGI Corporation names Mario Longhi interim CEO - UGI Corporation announced that Mario Longhi, incoming Chair of the Board of Directors, has been named interim Chief Executive Officer. Roger Perreault has stepped down as President and Chief Executive Officer and as a member of the Board, effective immediately. "I have worked closely with Mario over the years in our capacity as directors and am confident in his ability to lead UGI on an interim basis," said Frank Hermance, Chairman of the Board. "On behalf of the Board, I thank Roger for his many contributions and years of service to UGI. Since joining the company in 2015, Roger has served in a multitude of leadership roles at UGI, helping lead the UGI International and AmeriGas transformation projects as well as driving the development of renewable energy solutions. We wish him the absolute best in the future." Mr. Longhi previously served as the Chief Executive Officer of United States Steel Corporation, a leading integrated steel producer. Mr. Longhi was formerly President and Chief Executive Officer (September 2013 to February 2017), President and Chief Operating Officer (June 2013 to September 2013), and Executive Vice President and Chief Operating Officer (July 2012 to June 2013) of United States Steel Corporation. Prior to United States Steel Corporation, Mr. Longhi spent 23 years at Alcoa, Inc. where he served in various leadership roles across multiple different global business divisions. Mr. Longhi previously was a director of Harsco Corporation, a global provider of environmental solutions for industrial and specialty waste streams and innovative technologies for the rail sector, and ITT Inc., a leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. As previously announced, Mr. Longhi will succeed Mr. Hermance as Chair of the UGI Board of Directors when Mr. Hermance retires from his role at UGI's Annual Shareholder Meeting in January 2024 in compliance with the mandatory retirement age set forth in UGI's corporate governance documents.
RBA

Hot Stocks

16:16 EST RB Global appoints Eric Guerin as CFO - RB Global announced the appointment of Eric J. Guerin as CFO, effective January 15, 2024. Guerin brings extensive senior executive financial leadership experience, most recently serving as the CFO of Veritiv Corporation, a leading distributor of packaging, facility solutions and print products, until its acquisition in November of 2023. Prior to Veritiv, Guerin served as Executive Vice President and Chief Financial Officer of CDK Global, Inc., a provider of retail technology and software-as-a-service solutions to the automotive, heavy truck, recreation, and heavy equipment industries. Guerin previously served as Division Vice President, Finance for Corning Incorporated, a provider of specialty glass, ceramics and related materials and technologies for industrial and scientific applications. Earlier in his career, Guerin served in a number of financial management roles for various public companies, including Flowserve Corporation, Novartis and Johnson & Johnson. Guerin currently serves as a member of the board of directors for Skyworks Solutions, Inc., an innovator of high-performance analog semiconductors connecting people, places and things, and previously served on the Board of Directors of Natus Medical, a provider of medical equipment, software and services.
MAA

Hot Stocks

16:16 EST MAA raises quarterly dividend 5% to $1.47 per share - Mid-America Apartment Communities announced that its board of directors approved a quarterly dividend payment of $1.47 per share of common stock to be paid on January 31, 2024, to shareholders of record on January 12, 2024, representing a 5% increase over the prior rate. The increase will raise the annualized dividend payout to $5.88 per share of common stock and represents the 14th consecutive year MAA has increased its dividend to shareholders.
RSLS

Hot Stocks

16:15 EST ReShape Lifesciences: FDA approves a PMA supplement for Lap-Band 2.0 FLEX - ReShape Lifesciences announced that the U.S. Food and Drug Administration FDA has granted approval of a PMA supplement for the company's next generation, enhanced Lap-Band 2.0 FLEX. "PMA supplement approval for our next generation Lap-Band 2.0 FLEX is a historic event for ReShape that is expected to be a key growth catalyst for the company's Lap-Band franchise," stated Paul F. Hickey, President and Chief Executive Officer of ReShape Lifesciences. "The enhanced Lap-Band 2.0 FLEX development effort was physician-led with the goal of improving the patient experience. Compared to our current Lap-Band, the Lap-Band 2.0 has a new feature called FLEX Technology, which acts as a relief valve, allowing larger pieces of food to more easily pass through the narrowed passage or stoma , created by the band. Specifically, the band momentarily relaxes before returning to its resting diameter, therefore, minimizing discomfort caused by passage of large food pieces through the stoma. The Lap-Band system is the safest and most durable weight loss option for obese patients and is ideal for those who are averse to medically managed weight loss and who opt for the only available anatomy preserving surgery. We are preparing for our U.S. product launch of the Lap-Band 2.0 FLEX and look forward to providing updates on our progress."
ORRF CVLY

Hot Stocks

16:14 EST Codorus Valley Bancorp to merger into Orrstown Financial in $207M all-stock deal - Orrstown Financial (ORRF) and Codorus Valley Bancorp (CVLY) announced they have entered into a definitive agreement pursuant to which Codorus Valley will merge with and into Orrstown in an all-stock transaction valued at approximately $207M, or $21.31 per share of Codorus Valley common stock, based on the $24.35 closing price of Orrstown common stock on December 11. Under the terms of the definitive agreement, which was unanimously approved by the boards of directors of both companies, each outstanding share of Codorus Valley common stock will be exchanged for the right to receive 0.875 shares of Orrstown common stock. As a result of the transaction, Orrstown shareholders will own approximately 56% of the outstanding shares of the combined company and Codorus Valley shareholders will own approximately 44% of the outstanding shares of the combined company. The combined company will trade on the Nasdaq Global Select Market under the Orrstown ticker symbol (ORRF). The combined company will operate under the "Orrstown Financial Services, Inc." name, and the combined bank will operate under the "Orrstown Bank" name. The administrative headquarters of the combined company will be located in Harrisburg, Pennsylvania while the operations center will be located in York, Pennsylvania. The combined company will serve a contiguous footprint throughout Central and Eastern Pennsylvania and the Greater Baltimore, Maryland region and will remain committed to serving the communities that each bank has served for over a century. The combined company's board will consist of seven directors from Orrstown and six directors from Codorus Valley. Joel Zullinger, chairman of Orrstown's board, will serve as chairman of the board of the combined company and the combined bank. J. Rodney Messick, chairman of Codorus Valley's board, will serve as vice-chairman of the board of the combined company and the combined bank. Thomas Quinn, Jr., the current president and CEO of Orrstown, will serve as president and CEO of the combined company and the combined bank at closing. Craig Kauffman, the current president and CEO of Codorus Valley, will serve as executive VP and COO of the combined company and the combined bank at closing. Kauffman will be appointed president and CEO of the combined company and combined bank on or about June 1, 2025 upon Quinn's retirement. The transaction is expected to close in the third quarter of 2024, subject to satisfaction of customary closing conditions, including receipt of required regulatory approvals and approvals from Orrstown and Codorus Valley shareholders. Codorus Valley directors and executive officers have entered into agreements with Orrstown pursuant to which they have committed to vote their shares of Codorus Valley common stock in favor of the merger of Codorus Valley with and into Orrstown. Orrstown directors and executive officers have entered into agreements with Codorus Valley pursuant to which they have committed to vote their shares of Orrstown common stock in favor of the issuance of Orrstown shares to Codorus Valley shareholders in the merger.
FTEK

Hot Stocks

16:11 EST Fuel Tech awarded APC and Chemical Technologies orders totaling $2.5M - Fuel Tech announced the receipt of air pollution control and Chemical Technologies orders from existing customers in South Africa and the Caribbean. These awards have an aggregate value of approximately $2.5M. An order was received from an existing customer for an industrial unit in South Africa using electrostatic precipitators to collect and recover particulate emissions. The contract was for two Dual Flue Gas Conditioning systems to improve particulate capture from ESPs at an ore processing facility. Dual FGC technology uses sulfur trioxide and ammonia as conditioning reagents to improve the efficiency of ESPs, which are used to capture fly ash particulate from coal-fired boilers and particulate from industrial processes. FGC systems provide a low capital cost approach to improving particulate capture by maximizing the collection efficiency of new or existing ESPs. Dual FGC technology with ESPs can help units meet regulatory requirements for particulate and opacity levels, without the investment of significant additional capital, and are an attractive alternative to fabric filter technology. The project scope includes the overall FGC system engineering, supply of key FGC equipment, critical ESP components along with FGC startup support for the project. Fuel Tech is working with a local project partner in South Africa who is supplying the basic FGC equipment and providing the installation scope for the project. Equipment deliveries are expected to be completed in the third quarter of 2024, with project startup expected in the first quarter of 2025.
MDLZ

Hot Stocks

16:09 EST Mondelez CPO Paulette Alviti to retire, Stephanie Lilak to succeed - Mondelez announced that Stephanie Lilak will become executive VP and chief people officer, or CPO, effective January 15. Lilak will be responsible for oversight of the company's human resources function worldwide, including talent management, leadership and capability development, compensation and benefits, change management and employee relations, as well as diversity, equity and inclusion. She will report directly to Dirk Van de Put, chairman and CEO and will be a member of the Mondelez International Leadership Team. Lilak replaces Paulette Alviti, who will retire in April following a transition period, after five-and-a-half years with the company.
CRBU

Hot Stocks

16:07 EST Caribou Biosciences provides regulatory update on CB-010 development program - Caribou Biosciences provided an update based on feedback from the FDA following recent communications and a Type B clinical meeting regarding the CB-010 development program. The company has received the FDA's feedback on a Phase 3 randomized controlled trial for CB-010, an allogeneic anti-CD19 CAR-T cell therapy in development for patients with second-line relapsed or refractory large B cell lymphoma, or r/r LBCL. The FDA stated that Caribou's proposed comparator arm of platinum-based immunochemotherapy followed by high dose chemotherapy, or HDCT, and autologous stem cell transplantation, or ASCT, is acceptable. In the ongoing ANTLER Phase 1 trial, Caribou is enrolling second-line LBCL patients in the dose expansion portion based on promising data from the dose escalation portion of the trial. Currently, 22 sites are active in the U.S. and the first international site is active in Australia, with additional site activation underway in the U.S. and globally. To Caribou's knowledge, CB-010 is the first anti-CD19 allogeneic CAR-T cell therapy to be evaluated in the second-line LBCL setting and it has been granted Regenerative Medicine Advanced Therapy, or RMAT, Fast Track, and Orphan Drug designations by the FDA. In Q2, the company plans to report initial dose expansion data from the ANTLER trial and share the recommended Phase 2 dose for CB-010. Caribou plans to initiate a Phase 3 pivotal trial with this RP2D by year-end 2024.
O

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16:06 EST Realty Income raises dividend to 25.65c from 25.60c - Realty Income Corporation announced it has declared an increase in the company's common stock monthly cash dividend to 25.65c per share from 25.60c per share. The dividend is payable on January 12, 2024, to stockholders of record as of January 2, 2024. This is the 123rd dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for January's dividend is December 29, 2023. The new monthly dividend represents an annualized dividend amount of $3.078 per share as compared to the prior annualized dividend amount of $3.072 per share.
CCCC

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16:06 EST C4 Therapeutics says CFT7455 monotherapy shows signs anti-myeloma activity - C4 Therapeutics C4T presented clinical data from the ongoing Phase 1 dose escalation portion of its Phase 1/2 clinical trial of CFT7455, a MonoDAC degrader of IKZF1/3, for the potential treatment of multiple myeloma MM and non-Hodgkin's lymphomas NHL . These data include results from CFT7455 as a monotherapy for relapsed/refractory R/R MM patients, which has completed dose escalation, and interim results from CFT7455 in combination with dexamethasone for R/R MM patients, which continues to enroll patients. C4T also continues to enroll patients in the Phase 1 dose escalation trial exploring CFT7455 as a monotherapy for NHL patients. "We are excited CFT7455 monotherapy is showing promising signs of anti-myeloma and immunomodulatory activity and anti-myeloma activity when combined with dexamethasone, particularly in patients who have undergone numerous lines of prior therapy for multiple myeloma, including BCMA therapies," said Len Reyno, M.D., chief medical officer of C4 Therapeutics. "We have established 14 days on/14 days off as the optimal dosing schedule, which is consistent with our preclinical data supporting CFT7455 as a rationally designed IKZF1/3 degrader with the potential to offer a new therapy for patients with relapsed/refractory multiple myeloma."
AMGN

Hot Stocks

16:01 EST Amgen raises dividend to $2.25 from $2.13 - Amgen announced that its Board of Directors declared a $2.25 per share dividend for the Q1 of 2024. This is the 12th consecutive year that Amgen has increased its dividend and comes as the Company continues to invest in innovation and deleverage its balance sheet. The dividend will be paid on March 7, 2024, to all stockholders of record as of the close of business on February 16, 2024.
CVLY

Hot Stocks

16:01 EST Codorus Valley Bancorp trading halted, news pending
WDFC

Hot Stocks

15:14 EST WD-40 boosts quarterly dividend 6% to 88c per share - WD-40 Company announced that its board of directors declared a quarterly dividend of 88c per share reflecting an increase of 6% compared to the previous quarter's dividend. The quarterly dividend is payable January 31, 2024 to stockholders of record at the close of business on January 19, 2024. The company also announced that it has scheduled its first quarter 2024 earnings conference call for Tuesday, January 9, 2024 at 2:00 p.m. PST.
NFLX

Hot Stocks

14:35 EST Netflix issues first bi-annual engagement report on viewing - In a blog post, Netflix stated: "Since launching our weekly Top 10 and Most Popular lists in 2021, Netflix has provided more information about what people are watching than any other streamer except YouTube. And now we believe it's time to go further. Starting today we will publish 'What We Watched: A Netflix Engagement Report' twice a year. This is a comprehensive report of what people watched on Netflix over a six month period, including: Hours viewed for every title - original and licensed - watched for over 50,000 hours; The premiere date for any Netflix TV series or film; and Whether a title was available globally. In total, this report covers more than 18,000 titles - representing 99% of all viewing on Netflix - and nearly 100 billion hours viewed. Over 60% of Netflix titles released between January and June 2023 appeared on our weekly Top 10 lists. So while this report is broader in scope, the trends reflected in it are very similar to those in the Top 10 lists... This is a big step forward for Netflix and our industry. We believe the viewing information in this report - combined with our weekly Top 10 and Most Popular lists - will give creators and our industry deeper insights into our audiences, and what resonates with them." Reference Link
SNAP

Hot Stocks

14:23 EST Snapchat debuts new generative AI features for Snapchat+ subscribers - In an earlier release on Tuesday, Snapchat said: "More than seven million Snapchatters have joined Snapchat+, our subscription tier that offers access to the latest features that help Snapchatters customize their app experience, get creative, and have even more fun with friends. There are already so many ways for Snapchat+ members to express themselves with AI, whether they're creating an original Generative AI Bitmoji Background or Chat Wallpaper, transforming themselves in imaginative ways with Dreams, or learning about the world through conversation with My AI. Now we're offering subscribers even more ways to create, edit, and capture images that inspire continued connection through visual conversation: In just a few words, use AI to create and send a Snap of whatever you know will make a friend's day, even when the perfect scene is out of sight...If you accidentally zoomed in too close, the AI powered extend tool on our camera to broaden your Lens for the "full picture"...Plus Dreams, the imaginative Generative AI selfies, are now more fun when made with friends, and Snapchat+ subscribers get one free pack of 8 Dreams a month....hese features are rolling out now, regional availability may vary. As with all of our features, we are committed to offering a safe, fun, and privacy-centric experience on Snapchat. We can't wait to see what our subscribers create. Happy Snapping!" Reference Link
MMC

Hot Stocks

13:57 EST Marsh McLennan unit Oliver Wyman acquires SeaTec Consulting - Oliver Wyman, a business of Marsh McLennan, announced that it has entered into an agreement to acquire SeaTec Consulting, a provider of consulting, engineering, and digital expertise across the aviation, aerospace and defense, and transportation industries. SeaTec will join Cavok, a division of Oliver Wyman, focused on aviation services. The transaction is expected to close in Q1 of 2024.
PCRFY TSLA

Hot Stocks

13:18 EST Panasonic in deal with battery materials maker Sila for Titan Silicon, no terms - Panasonic Energy (PCRFY) announced the signing of a commercial agreement for Sila's high-performance nano-composite silicon anode, Titan Silicon. The high energy density battery from Panasonic is expected to enable automakers to deliver unmatched EV performance, dramatically increasing vehicle range and reducing charge times. Sila's anode materials, to be produced in the company's plant in Moses Lake, WA, will be optimized for Panasonic's next-generation lithium-ion batteries. "By integrating Sila's groundbreaking battery material with our advanced cell manufacturing capabilities, we believe that we can address the concerns such as range anxiety and charging time and contribute to accelerating the adoption of EVs," said Shoichiro Watanabe, Executive Vice President of Panasonic Energy.Companies that are in the EV battery space include Tesla (TSLA). Reference Link
PCRFY TSLA

Hot Stocks

13:16 EST Panasonic in deal with battery materials maker Sila for Titan Silicon. no terms - Panasonic Energy announced the signing of a commercial agreement for Sila's high-performance nano-composite silicon anode, Titan Silicon. The high energy density battery from Panasonic is expected to enable automakers to deliver unmatched EV performance, dramatically increasing vehicle range and reducing charge times. Sila's anode materials, to be produced in the company's plant in Moses Lake, WA, will be optimized for Panasonic's next-generation lithium-ion batteries. "By integrating Sila's groundbreaking battery material with our advanced cell manufacturing capabilities, we believe that we can address the concerns such as range anxiety and charging time and contribute to accelerating the adoption of EVs," said Shoichiro Watanabe, Executive Vice President of Panasonic Energy.Companies that are in the EV battery space include Tesla (TSLA). Reference Link
LHX

Hot Stocks

13:03 EST L3Harris Technologies presents medium-term financial framework through 2026 - L3Harris Technologies hosted its 2023 Investor Day at which it provided an in depth review of the company's financial objectives and value creation strategy. "Nearly five years ago, we combined two mid-sized aerospace and defense companies to create a new competitor in the industry. Since then, we have been shaping our portfolio into a national security and technology-focused company aligned with growing end markets across all domains. We intend to discontinue our M&A program for the foreseeable future to prioritize strengthening our balance sheet and returning all excess capital to shareholders," said CEO Christopher Kubasik. "Today, L3Harris has industry-leading margins and is well positioned to grow as a result of our differentiated Trusted Disruptor strategy. We will focus on driving operational improvements to enhance productivity, reduce expenses, drive margin expansion and generate strong cash flow. Our solid financial foundation gives us confidence in our ability to meet our medium-term targets and deliver value for shareholders. We look forward to building on this baseline and identifying opportunities for further margin and cash flow improvement by working with the Board's newly formed Business Review Committee during its comprehensive evaluation of the Company's performance and operations." L3Harris management presented its medium-term financial framework based on the Company's current portfolio, through 2026, including: $23B in revenue; 16% segment operating margins; $2.8B of free cash flow. The company also provided its 2024 - 2026 capital deployment priorities, which include: Investing in the business, including research and development and capital expenditures; Paying down debt to achieve a leverage of 3.0x; Not pursuing any acquisitions and returning all excess cash to shareholders.
ADEX

Hot Stocks

12:35 EST Adit EdTech Acquisition Cor trading resumes
ADEX

Hot Stocks

12:30 EST Adit EdTech Acquisition Cor trading halted, volatility trading pause
JNJ

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12:11 EST J&J: Data from Phase 3 PERSEUS study shows improvement in outcomes for patients - Johnson & Johnson announced the first data from the Phase 3 PERSEUS study highlighting significant clinical improvement with a DARZALEX FASPRO-based quadruplet induction, consolidation regimen and doublet maintenance regimen in the treatment of transplant-eligible newly diagnosed multiple myeloma. The data, showing an unrivaled progression-free survival in a Phase 3 study evaluating TE NDMM and clinically significant improvement of rates of overall complete response or better and minimal residual disease negativity over the comparator arm, were featured as a late-breaking oral presentation at the 2023 American Society of Hematology Annual Meeting. The data were published simultaneously in The New England Journal of Medicine. The PERSEUS study, conducted in collaboration with the European Myeloma Network, found that induction and consolidation treatment with DARZALEX FASPRO in combination with bortezomib, lenalidomide and dexamethasone, followed by DARZALEX FASPRO(R) and lenalidomide maintenance, reduced the risk of disease progression or death by 58 percent, compared to bortezomib, lenalidomide and dexamethasone alone followed by lenalidomide maintenance.1 The quadruplet regimen also significantly increased the depth of response compared to treatment with VRd alone, with higher rates of CR or better, stringent complete response, and MRD negativity. The estimated 48-month PFS rates were 84.3 percent for D-VRd vs 67.7 percent for VRd. The overall safety profile of D-VRd was consistent with the known safety profiles for daratumumab and VRd.
MOVE

Hot Stocks

12:07 EST Movano announces blood pressure partnership forum - Movano Health announced that following the results of its recent blood pressure clinical trial it will be holding in person demonstrations of live waveforms at both the 2024 CES Show in Las Vegas January 8-11, 2024 and in conjunction with the JP Morgan Healthcare Conference in San Francisco January 9-10, 2024. Designed to showcase Movano Health's System on a Chip and illustrate the strategic ways this technology can be implemented to monitor multiple chronic conditions, these events will be an opportunity for prospective partners to experience the efficacy of the recent clinical trial results and, if desired, under NDA review the development roadmap.
SNDX

Hot Stocks

12:06 EST Syndax says AUGMENT-101 trial of revumenib met primary endpoint - Syndax Pharmaceuticals presented data from the protocol-defined pooled analysis of the pivotal AUGMENT-101 trial of revumenib, a menin inhibitor, in adult and pediatric patients with relapsed/refractory KMT2A-rearranged acute myeloid leukemia and acute lymphoid leukemia at the 65th American Society of Hematology Annual Meeting being held December 9-12, 2023 in San Diego, California. The pivotal results were featured in a late-breaking oral presentation titled "Revumenib Monotherapy in Patients with Relapsed/Refractory KMT2Ar Acute Leukemia: Topline Efficacy and Safety Results from the Pivotal AUGMENT-101 Phase 2 Study." Additional supportive results from the AUGMENT-101 trial, including data from patients in the Phase 1 portion and patients who received revumenib maintenance therapy after hematopoietic stem cell transplant, were also featured in two poster presentations at the meeting, titled "Revumenib Monotherapy in Patients with Relapsed/Refractory KMT2Ar Acute Leukemia: Efficacy and Safety Results from the AUGMENT-101 Phase 1/2 Study" and "Revumenib Maintenance Therapy Following Revumenib-Induced Remission and Transplant." The AUGMENT-101 trial met its primary endpoint at the protocol-defined interim analysis with a complete remission or a CR with partial hematological recovery rate of 23% among the 57 efficacy evaluable patients in the pooled KMT2Ar acute leukemia population. The CR/CRh rate was 23% in adult patients and 23% in pediatric patients, with a median time to CR/CRh of 1.9 months. The CR/CRh responses in both the overall population and the AML subset were durable with a 6.4-month median duration as of the July 24, 2023 data cutoff, with 46% remaining in response. Minimal residual disease status was assessed in 10 of the 13 patients who achieved a CR/CRh, 70% of whom were MRD negative. In patients who achieved a CRc, 68% achieved MRD negative status. In the efficacy-evaluable patients, the overall response rate was 63%, and the composite response rate was 44%. Minimal residual disease status was assessed in 22 of the 25 patients who achieved a CRc, 68% of whom were MRD negative. Responses were observed in all major subgroups, including across the number of prior treatments and prior stem cell transplant. A total of 14 patients who achieved an overall response underwent HSCT, eight of whom did not achieve a CR or CRh prior to transplant. Half of the patients who had an HSCT received post-transplant maintenance with revumenib and three additional patients were in follow-up and are eligible to restart revumenib as post-transplant maintenance. Median overall survival at the time of data cutoff was 8.0 months. AUGMENT-101 enrolled a total of 94 acute leukemia patients in the KMT2Ar cohorts of the pivotal trial as of the July 2023 data cutoff, 57 of whom had central confirmation of their KMT2Ar status, sufficient follow-up and were in the efficacy-evaluable population. The majority of patients included in the efficacy-evaluable population relapsed following treatment with at least one salvage regimen prior to enrollment, including nearly half having undergone prior stem cell transplant. Seventy-two percent of patients were previously treated with venetoclax. Revumenib was well tolerated and the safety profile was consistent with the Company's previously reported data. Treatment-related adverse events leading to dose reductions and treatment discontinuation were low at 9% and 6%, respectively. TRAEs of any grade in greater than 20% of patients included nausea, differentiation syndrome, and QTc prolongation. Grade 3 DS was observed in 15% of patients while one patient experienced Grade 4 DS and no patients experienced a Grade 5. Grade 3 QTc prolongation was observed in 14% of patients, with no Grade 4 or 5 events. There were no discontinuations related to DS, cytopenias or QTc prolongation on the trial.
WBA

Hot Stocks

12:03 EST Walgreens up 1% to $23.33 after Bloomberg report of Boots talks
IART DDD

Hot Stocks

12:01 EST Integra LifeSciences names 3D Systems CEO Jeff Graves to board - Integra LifeSciences Holdings Corporation (IART) announced that Jeff Graves, Ph.D., president and CEO of 3D Systems (DDD), was appointed to the company's board of directors, effective immediately. With the appointment of Dr. Graves, Integra has added four new directors since 2021. "I am pleased to welcome Jeff to our board of directors. He is a highly-accomplished executive with a track record of leading and transforming technically complex businesses," said Stuart Essig, chairman of the Integra board of directors. "His experience in streamlining global operations to deliver differentiated solutions to markets, including healthcare, will be valuable assets to the board and enable Integra to continue driving shareholder value."
GETY

Hot Stocks

12:00 EST Getty Images falls -9.5% - Getty Images is down -9.5%, or -48c to $4.62.
HMY

Hot Stocks

12:00 EST Harmony Gold falls -9.9% - Harmony Gold is down -9.9%, or -60c to $5.50.
ORCL

Hot Stocks

12:00 EST Oracle falls -11.3% - Oracle is down -11.3%, or -$13.02 to $102.11.
EGLE

Hot Stocks

12:00 EST Eagle Bulk Shipping rises 11.8% - Eagle Bulk Shipping is up 11.8%, or $5.47 to $51.66.
CAVA

Hot Stocks

12:00 EST Cava Group rises 13.4% - Cava Group is up 13.4%, or $4.35 to $36.84.
GOTU

Hot Stocks

12:00 EST Gaotu Techedu rises 14.7% - Gaotu Techedu is up 14.7%, or 43c to $3.36.
MRT

Hot Stocks

11:55 EST Marti Technologies says ride-hailing service reaches over 452,000 riders - Marti Technologies announced that it has hit over 452,000 unique riders and over 100,000 registered drivers as of December 11, 2023, half a month earlier than planned. Marti's number of ride-hailing riders grew 19% from November 14, 2023 to December 11, 2023. The number of registered drivers grew 11% during the same time period. As previously reported in its 2023 first half yearly results, Marti had originally set targets of 375,000 unique riders and 80,000 registered drivers for its ride-hailing business by 2023 year end and then revised those targets in mid-November to 450,000 unique riders and 100,000 registered drivers after exceeding the original targets. As of December 11, 2023, Marti has met the revised targets, a half month earlier than the 2023 year end. Marti has set targets for over 700,000 riders and over 120,000 registered drivers by March 31, 2024.
ACAC

Hot Stocks

11:32 EST Acri Capital reports extension to deadline for initial business combination - Acri Capital Acquisition Corporation, a special purpose acquisition company, announced that, in order to extend the date by which the company must complete its initial business combination from December 14, 2023 to January 14, 2024, 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.
AMRC

Hot Stocks

11:31 EST Ameresco announces amendment to term loans, revolving credit facility - Ameresco, in a regulatory filing, said that on December 11 it entered into an amendment to its term loans and revolving credit facility with the lenders party thereto, BOFA Securities, Inc., Fifth Third Securities, Inc. and KeyBanc Capital Markets, Inc., as joint lead arrangers and bookrunners, Webster Bank N.A. as Co-Documentation Agent, and Bank of America, N.A., as Administrative Agent. Among other things, the Amendment extends the maturity date of the remaining $65M principal amount of the original $220M delayed draw term loan A, such that $10M is due on each of January 31, 2024, February 29, 2024, and March 31, 2024, and the remaining principal amount is due on April 15, 2024. If one of the company's BESS projects with Southern California Edison Company, does not achieve substantial completion by January 31, 2024, the Amendment also adds a covenant requiring Ameresco in such case, to use commercially reasonable efforts assuming normal market conditions to raise and, by April 15, 2024, close on a minimum of $100M equity or subordinated debt financing. The company currently expects the project to be substantially complete in the next month. Net proceeds from such financing, if it occurs, would be required to be used to repay the delayed term loan A and pay down amounts borrowed under the revolving credit facility. If such covenant becomes applicable, it would fall away when the delayed draw term loan A is paid in full, if the company has demonstrated a minimum liquidity of $75M on or prior to February 29, 2024. Shares of Ameresco are down over 5% to $29.96 in late morning trading.
EFHT

Hot Stocks

11:15 EST EF Hutton Acquisition Corp trading resumes
BA

Hot Stocks

11:05 EST Boeing reports 114 airplane gross orders, 56 commercial deliveries in November - In its commercial aircraft operations, Boeing reports 114 airplane gross orders and 56 commercial deliveries in November, according to data posted to its corporate website. Boeing reports 1,207 year-to-date net orders, 945 year-to-date orders net of cancellations/conversions and 5,914 unfilled airplane orders as of November 30, 2023. Reference Link
EFHT

Hot Stocks

11:05 EST EF Hutton Acquisition Corp trading halted, volatility trading pause
FE

Hot Stocks

11:03 EST FirstEnergy subsidiaries awarded nearly $800M in transmission upgrades - FirstEnergy subsidiaries Potomac Edison and Mid-Atlantic Interstate Transmission have been awarded three transmission projects totaling nearly $800M in Maryland, Pennsylvania, Virginia and West Virginia by regional transmission organization PJM Interconnection. The projects will enhance reliability, accommodate growing demand for electricity by residential and commercial customers and facilitate the connection of new energy resources, such as wind and solar.
RUM

Hot Stocks

11:01 EST Rumble says services are 100% restored - In a Monday tweet, Rumble said, "Services are 100% restored. A major thank you to our cyber security partners and our entire team. This was a massive learning experience that will only make us stronger. A big thank you to all users and creators who have been incredibly patient with us during this time." Reference Link
RUM

Hot Stocks

10:59 EST Rumble CEO Chris Pavlovski confirms cyberattack - In a Monday tweet, lawyer David Freiheit wrote, "I was planning to go live, but Rumble and Locals are down. Apparently it is a massive, unprecedented attack. One that is likely politically motivated. If I have any updates, I will let everyone know." In response, Rumble CEO Chris Pavlovski tweeted Monday, "I can confirm that this attack has been unprecedented and has been happening since this weekend. I also suspect it is political, coming from activists and/or organizations who want to censor our creators, and related to J6 videos being posted on Rumble." Reference Link
HUBC

Hot Stocks

10:44 EST HUB Security announces 1-for-10 reverse share split - Hub Cyber Security Ltd. announced a 1-for-10 reverse share split of its ordinary shares, no par value per share. The reverse share split and corresponding share capital adjustment will become effective at 11:59 p.m. Eastern Time on December 14, 2023.
CDXC

Hot Stocks

10:37 EST ChromaDex, Neurohacker Collective partner for Qualia NAD+ - Neurohacker Collective has just created an NAD+ supplement called Qualia NAD+ that tackles the challenge of boosting NAD+ levels in aging Americans. Qualia NAD+'s NR is in the form of Niagen, which is created by ChromaDex. "Created with the highest scientific rigor and quality standards, our patented Niagen NR ingredient is the most efficient precursor available because it can cross the cell membrane directly," states ChromaDex Senior Vice President of Business Development, Jason Campbell. "We look forward to this partnership with Neurohacker Collective as the unique Qualia NAD+ formulation will expand the positive effects of our precious Niagen to more people worldwide." Qualia NAD+ became available through neurohacker.com beginning in early October, with an expanded product launch anticipated in additional channels shortly.
AMT

Hot Stocks

10:34 EST CoreSite announces expansion of New York, Denver data center campuses - CoreSite announced the expansion of its New York and Denver strategic data center campuses to meet growing capacity and power demands of public and private cloud providers, enterprises, network and service providers. CoreSite's latest New York campus data center received final permitting to complete construction of the 85,000-square-foot facility and 15 critical megawatts of capacity. CoreSite has also received conceptual approval for a three-building data center campus development of approximately 600,000 square feet and 60 CMW of capacity in the Denver market. Construction of NY3 is expected to be completed in Q4 2024.
WBD...

Hot Stocks

10:21 EST Warner Bros. Discovery says Max now available on YouTube Primetime Channels - Warner Bros. Discovery (WBD) and YouTube (GOOGL) announced that the ad-free tier of Max is now available on Primetime Channels in the U.S. YouTube customers will have access to the best unscripted and highest-quality scripted programming, including some of the year's most-watched content from brands like HBO, TLC, Food Network, HGTV, Cartoon Network, and OWN, plus Warner Bros. Pictures' like "Blue Beetle" and "Barbie" beginning December 15. Reference Link
GM KMTUY

Hot Stocks

10:17 EST General Motors, Komatsu collaborate on hydrogen fuel cell-powered mining truck - General Motors (GM) and Komatsu (KMTUY) will co-develop a hydrogen fuel cell power module for Komatsu's 930E electric drive mining truck, the world's best-selling ultra-class haul truck. GM and Komatsu will jointly design and validate the technology. "At GM, we believe fuel cells can play an integral role in a zero-emissions future, helping to electrify heavier-duty applications, beyond passenger vehicles," said Charlie Freese, executive director of GM's Global HYDROTEC business. "Mining trucks are among the largest, most capable vehicles used in any industry, and we believe hydrogen fuel cells are best suited to deliver zero emissions propulsion to these demanding applications." Komatsu has set a target of reducing its global emissions by 50% by 2030 and a challenge target of achieving carbon neutrality by 2050. GM's target is to be fully carbon neutral in both products and operations by 2040.
BMRN

Hot Stocks

10:12 EST BioMarin granted orphan status for antitrypsin deficiency treatment - The FDA granted BioMarin orphan status for its treatment of alpha-1 antitrypsin deficiency. Reference Link
EBAY

Hot Stocks

10:08 EST eBay introduces limited-time consignmnent concierge - eBay is rolling out a mobile consignment concierge, the company announced on Tuesday, commenting: "The Luxe Line - a branded bus offering people a physical place to sell their luxury accessories, as well as shop for new ones - demonstrates the simplicity of the platform's recently launched eBay consignment service. Visitors in Los Angeles and Las Vegas will have direct access to expert sellers who list and sell their luxury items on their behalf." "Our consignment service is designed to help to remove the typical barriers to selling pre-owned items," said Tirath Kamdar, Global GM of Luxury at eBay. "The Luxe Line gives sellers and shoppers a way to test out our new service in real life with the same trusted experts that eBay works with for the online experience."
CSGP

Hot Stocks

10:07 EST CoStar Group completes acquisition of OnTheMarket - CoStar Group announces the completion of its acquisition of OnTheMarket. On 19 October 2023, CoStar Group announced a recommended cash offer of 110 pence per share for OnTheMarket Plc, valuing OnTheMarket at approximately GBP 99 million, to be implemented by a scheme of arrangement. The shareholders' meetings to vote on the scheme were held on 4 December 2023 and the scheme was approved by over 94% in number and over 97% in value of OnTheMarket shareholders voting, representing a record-breaking turnout for OnTheMarket shareholders. The failed efforts of a fringe objector without any standing were soundly rejected by shareholders, employees, and the court. A court hearing to sanction the scheme was held on 7 December 2023 and the Scheme Court Order became effective today. CoStar Group's acquisition of OnTheMarket will combine the financial strength, online marketplace experience, and technology of CoStar Group with OnTheMarket's large network of agents to create a genuine disruptor to the established U.K. market leaders. The recommended acquisition was overwhelmingly supported by OnTheMarket shareholders, the majority of whom were agents. CoStar Group plans to integrate OnTheMarket into its network of real estate marketplaces and anticipates investing GBP 46.5 into sales and marketing in the first full year following the commencement of the integration, six times the current annual media spend and more than three times the current annual media spend of Rightmove plc. CoStar Group's initial planned investment will mark the first stage of a multi-year investment programme totalling hundreds of millions of pounds to drive more consumers to the OnTheMarket portal with the goal of significantly increasing the quantity of valuable leads to OnTheMarket's agent clients.
PTPI

Hot Stocks

10:06 EST Petros Pharmaceuticals completes Human Factors Study for STENDRA - Petros Pharmaceuticals announces the completion of a Human Factors Study, whose objective was to assess the technology component developed to facilitate patient's access to its erectile dysfunction drug, STENDRA, associated with the Company's intended FDA application for prescription to OTC switch. The objective of the study was to determine the strengths and weaknesses of the interface of a developmental technology tool, as well as potential use errors in critical tasks, such as navigating and reporting medical history, entering birth date and other key call to action prompts. These tasks, if performed incorrectly - or not performed at all - have the potential to contribute to inappropriate use by the patient or user. The results of the study showed that most participants were able to navigate the tool correctly. Data from the study provided an opportunity for the Company to further optimize this technology, including reformatting of text to improve interaction, which Petros intends to implement in future studies, including additional Human Factor Studies and Self Selection studies. These components are all integral to FDA guidelines for technology-driven OTC access to medications.
UNH

Hot Stocks

10:04 EST UnitedHealth's Optum Rx launches Optum Rx Weight Engage program - Optum Rx, a pharmacy care services company, has launched Optum Rx Weight Engage, a comprehensive weight management and wellness support program. Optum Rx Weight Engage will be available to consumers of plan sponsors, including employers, beginning Jan. 1, 2024. "Optum Rx Weight Engage offers clinically appropriate programs that support wellness and better health for consumers and solutions to help clients manage drug spending," said Dr. Patrick Conway, CEO, Optum Rx. "We will continue our work to lower drug costs while also helping our clients manage an important population need and consumer demand with comprehensive solutions."
BALL

Hot Stocks

10:03 EST NASA chooses Ball Aerospace for CMEx mission concept study - Ball Aerospace was selected to manage a concept study for NASA's Chromospheric Magnetism Explorer, a proposed mission concept that could provide new insights into how magnetism drives eruptive activity on and near the surface of the sun. The science of CMEx aims to help the scientific community better its understanding of our sun and its impacts on space, Earth and other planets. The prospective mission concept would use a near ultraviolet spectropolarimeter as its primary scientific instrument to make novel observations of the sun's magnetic field as it evolves from the photosphere through the chromosphere, the layer of the sun's atmosphere above the visible surface. This data will give scientists a better understanding of how magnetic energy buildup leads to eruptions such as solar flares and coronal mass ejections, a major gap in our current heliophysics research capabilities.
IRMD

Hot Stocks

10:02 EST iRadimed declares special dividend of 48c, initiates quarterly dividend - iRadimed announced its board approved a special cash dividend of 48c per share and the initiation of a regular quarterly dividend on the company's outstanding common stock. The regular quarterly dividend is 15c per share. The special cash dividend and the quarterly dividend are payable on January 12, 2024, to shareholders of record at the close of business on December 22. It said, "The Company's continued strong performance has also led to its commitment to significantly expand its production capacity by buying land and building an assembly, R&D, and office facility to replace its current leasehold. The total resource commitment for this expansion is approximately $20M, with approximately $7M expended to date on this project for the land and initial construction expenses. The Company is currently evaluating whether to use available cash for the remainder of this expansion or possibly seek financing for the construction and permanent funding for the facility."
BKR

Hot Stocks

10:01 EST Baker Hughes appoints Georgia Magno as CLO - Baker Hughes announced Georgia Magno as chief legal officer effective Jan. 1, 2024. She will be responsible for the Company's legal and regulatory affairs, corporate governance, and compliance functions. Magno previously served as vice president and general counsel for Baker Hughes' Industrial & Energy Technology business segment.
HMY

Hot Stocks

10:00 EST Harmony Gold falls -7.7% - Harmony Gold is down -7.7%, or -47c to $5.63.
SBOW

Hot Stocks

10:00 EST SilverBow Resources falls -9.4% - SilverBow Resources is down -9.4%, or -$2.81 to $27.14.
ORCL

Hot Stocks

10:00 EST Oracle falls -10.4% - Oracle is down -10.4%, or -$12.00 to $103.13.
CURV

Hot Stocks

10:00 EST Torrid rises 9.2% - Torrid is up 9.2%, or 44c to $5.21.
CAVA

Hot Stocks

10:00 EST Cava Group rises 9.8% - Cava Group is up 9.8%, or $3.17 to $35.66.
GOTU

Hot Stocks

10:00 EST Gaotu Techedu rises 13.5% - Gaotu Techedu is up 13.5%, or 40c to $3.33.
KSCP

Hot Stocks

09:54 EST Knightscope announces two expansion sales - Knightscope announces two new expansion sales from a Knightscope Authorized Partner and a Texas university. Transportation Solutions & Lighting, Safety and Security Division, National Safety Systems placed an inventory replenishment order for 9 new K1 Blue Light Towers in anticipation of further growth and demand for Knightscope's emergency communication systems. An advocacy group in Central Texas dedicated to fighting for the safety of students and stakeholders around a popular university campus and surrounding student neighborhoods believes that standardized lighting and emergency call boxes needed to be implemented where most students reside. With a number of Knightscope K1 Call Boxes already in place, the client chose to protect their investment by adding a full-service maintenance contract and the Knightscope Emergency Management System platform
WH CHH

Hot Stocks

09:49 EST Wyndham confirms receipt of 'highly conditional' offer from Choice Hotels - Wyndham Hotels & Resorts (WH) confirmed that Choice Hotels International (CHH) has commenced an unsolicited exchange offer to acquire all outstanding shares of Wyndham common stock. "The offer proposed by Choice appears unchanged from the terms outlined in a letter to Wyndham dated November 14, 2023 and is currently valued at approximately $86 per share," Wyndham stated. "Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, the Wyndham Board of Directors will carefully review and evaluate the offer to determine the course of action that it believes is in the best interests of Wyndham and its shareholders. However, the offer looks to be unchanged from Choice's previous highly conditional offer the Board reviewed and rejected, which failed to address the serious concerns repeatedly expressed by Wyndham, including: The asymmetrical risk to Wyndham shareholders given the uncertainty around antitrust approval (if any) and the estimated 24-month timeline previously cited by Choice; The undervaluation of Wyndham's superior, standalone growth prospects; and the value of Choice shares relative to its growth prospects and further compromised by elevated levels of leverage that this deal would require. In addition to the 10 Wyndham shares they previously disclosed, Choice today announced ownership of less than 1.7% of Wyndham common stock and conceded they are restricted from further purchases without antitrust approval. The Board intends to advise shareholders of its recommendation regarding the offer within ten business days by making available to shareholders and filing with the U.S. Securities and Exchange Commission a recommendation statement on Schedule 14D-9. Wyndham shareholders are urged not to take any action with respect to the offer until the Board announces its recommendation," Wyndham stated in a press release.
AXR

Hot Stocks

09:47 EST AMREP falls -7.8% - AMREP is down -7.8%, or -$1.59 to $18.71.
SBOW

Hot Stocks

09:47 EST SilverBow Resources falls -9.3% - SilverBow Resources is down -9.3%, or -$2.79 to $27.16.
ORCL

Hot Stocks

09:47 EST Oracle falls -9.4% - Oracle is down -9.4%, or -$10.86 to $104.27.
KOLD

Hot Stocks

09:47 EST ProShares UltraShort Bloomberg Natural Gas rises 7.2% - ProShares UltraShort Bloomberg Natural Gas is up 7.2%, or $7.53 to $112.85.
OPFI

Hot Stocks

09:47 EST OppFi rises 7.2% - OppFi is up 7.2%, or 31c to $4.60.
TARO

Hot Stocks

09:47 EST Taro Pharmaceutical rises 7.6% - Taro Pharmaceutical is up 7.6%, or $2.87 to $40.80.
ICG

Hot Stocks

09:41 EST Intchains Group Ltd (ADR) trading resumes
ICG

Hot Stocks

09:36 EST Intchains Group Ltd (ADR) trading halted, volatility trading pause
SMAP

Hot Stocks

09:35 EST Sportsmap Tech Acquisition Corp trading resumes
WTW

Hot Stocks

09:30 EST WTW launches CyProtect Bermuda - WTW announced the launch of CyProtect Bermuda, a cyber insurance product designed and tailored to be a comprehensive solution for financial, professional, and executive risks. Targeted towards large enterprises operating in the Bermuda market, CyProtect Bermuda is setting a new standard, delivering fortified coverage, streamlined processes, and exclusive advantages to shield corporations from the ever-changing cyber threat landscape.
SMAP

Hot Stocks

09:30 EST Sportsmap Tech Acquisition Corp trading halted, volatility trading pause
SMID

Hot Stocks

09:30 EST Smith-Midland Corp receives $3.8M J-J Hooks barrier rental contract - Smith-Midland Corporation has begun renting its J-J Hooks precast concrete barrier to the Virginia Department of Transportation, as part of the I-64 Gap Widening Project in New Kent County, Virginia. The total value of the project through its Concrete Safety Systems rental division is approximately $3.8 million.
LLAP

Hot Stocks

09:27 EST Terran Orbital investors call for separation of chairman, CEO roles - A group of concerned investors in Terran Orbital comprised of Sophis Investments, Roark's Drift and Tyvak Nano-Satellite Systems' co-founders, Jordi Puig-Suari, Roland Coelho and Austin Williams, issued a statement reiterating its call for Terran's board of directors to immediately separate the roles of chairman and CEO following what the group called Marc Bell's recent spate of "materially misguided, crude, and defamatory statements, as well as a series of highly conflicting articles and statements, resulting in LLAP's stock price losing nearly 30% of its value in one day." The investor group, together with certain affiliates, beneficially owns 16,581,465 shares of common stock of the Company, representing approximately 8.4% of the shares outstanding. The group said, "As aligned long-term stockholders, experienced Aerospace & Defense investors, and former Company executives, we care deeply about Terran and its long-term prospects and wish to protect and maximize the material value we believe is embedded within Terran. However, the events over the past 24 hours have made it abundantly clear to us that Marc Bell is not fit to be CEO of Terran. Over the past 24 hours, The Wall Street Journal published an article that Terran was exploring a sale of the Company, according to unnamed sources, which was seemingly confirmed by the Company in a filing with the Securities and Exchange Commission later that morning2 and in a series of Mr. Bell's tweets. Later that day, in an all-employee meeting, Mr. Bell stated, as reported by TechCrunch, that the Company was indeed not for sale. When the market closed on December 11th, Terran's stock price had lost nearly 30% of its value from the day before. Making matters worse, Mr. Bell has boasted about suing a dissenting shareholder, threatened to file additional lawsuits, and referred to members of the Concerned Investor Group as "idiots" according to an article published by TechCrunch,4 and used crude language and lamenting Terran's languishing stock price in his recent Twitter posts. Accordingly, we reiterate our call for Terran's Board to immediately separate the role of CEO and Chairman and install a new CEO with demonstrable industry experience and a track record of outperformance, who can turn around the operational, cultural, and capital allocation issues plaguing the Company. We believe that a new CEO, namely our identified CEO candidate--who, for the avoidance of doubt is not a former employee of the Company-will help Terran to attract the needed capital on favorable terms, minimizing future dilution to stockholders and providing prospective customers and employees with the confidence to conduct business with the Company going forward. In addition, we believe, if installed, our CEO candidate would attract and retain additional world class talent. Mr. Bell has also stated publicly that Jefferies is 'exploring all possibilities,' though this cannot be true without engaging with our CEO candidate and the Concerned Investor Group. The TechCrunch article also states that "Bell told staff that if the board (which he chairs) decided on a take-private deal, Bell and a business partner would buy the company themselves." We believe this presents a major conflict of interest. The Concerned Investor Group further believes that any strategic review should be evaluated solely by a newly formed committee of disinterested and independent directors that do not report to Mr. Bell. The Concerned Investor Group further reiterates that, as previously stated on multiple occasions, any strategic review should only be undertaken after the Company has been stabilized and leadership is reconstituted, or else it risks a tarnished process and suboptimal outcome for shareholders."
NEON

Hot Stocks

09:25 EST Neonode to focus on licensing business - Neonode announced a new, sharpened strategy with full focus on its licensing business. Consequently, Neonode will phase out its Touch Sensor Module - TSM - product business through licensing of the TSM technology to strategic partners or outsourcing. The focus will be on licensing of the advanced MultiSensing platform for driver and in-cabin monitoring and the proven optical sensing technology zForce, including TSM technology, which supports touch, gesture sensing, as well as object detection features. Neonode will focus all its efforts and resources on licensing by reallocating marketing, sales, and engineering resources from the product team to the licensing team and by external recruitments. The new strategy will lead to some reductions in the workforce, which mainly will affect consultants and personnel in Sweden and involves customary union negotiations.
AVAV

Hot Stocks

09:25 EST AeroVironment gets $16M fixed-fee contract from U.S. Navy for robotics support - AeroVironmen announced it received a $16,098,922 cost-plus-fixed-fee contract from the U.S. Navy for the advancement of video analytics and computer vision research to support multi-domain robotics initiatives. This contract is in support of the Small Business Innovation Research Phase III "Automated Entity Classification in Video Using Soft Biometrics" and will be managed by the Naval Air Warfare Center Aircraft Division in Lakehurst, New Jersey. AeroVironment's focus is on developing a video analytics software ecosystem for the government that can be used across platform to provide enhanced situational awareness and capabilities for the warfighter in a wide range of mission areas.
PUBM

Hot Stocks

09:24 EST PubMatic appoints Jones to board of directors - PubMatic announced the appointment of Ramon Jones, Executive Vice President and Chief Marketing Officer of Nationwide Mutual Insurance Company, to the PubMatic Board of Directors. Jones brings over three decades of marketing and business operations leadership to his new role at PubMatic.
IBM

Hot Stocks

09:22 EST IBM elects Marianne Brown to its Board of Directors - IBM's board of directors has elected Marianne Brown to the board, effective December 12. Brown is the former COO of Fidelity National Information Services' Global Financial Solutions business. She is a member of the board of directors of Akamai Technologies, The Charles Schwab Corporation, and Northrop Grumman Corporation, and previously served on the board of directors of VMware.
PHIL

Hot Stocks

09:20 EST PHI Group signs agreement with Dat Minh Doan for 'pure energy' solutions - PHI Group announced that the Company has signed an Agreement for Comprehensive Cooperation with Eng. Dat Minh Doan, a geomagnetic and quantum physics expert to jointly cooperate in applying Mr. Doan's proprietary inventions that are specifically designed to exploit the earth's available geomagnetic energy to generate "pure energy" and store energy without using an energy storage system. According to the Agreement, both parties agree to use Philux Global Energy, Inc., a Wyoming corporation and wholly-owned subsidiary of Philux Global Group, Inc., Registration Number 2022-001066221, incorporated January 3, 2022, as the operating company to commercialize energy-related products based on the results of Eng. Doan's 40 years of proprietary researches and developments, including producing and providing generators using the earth's available geomagnetic energy, producing engines powered by the earth's available geomagnetic energy, as well as developing additional multiple new technologies. Eng. Doan's core technologies include Schumann magnetic resonance, utilizing energy from lightning in the ionosphere, natural storage in the atmosphere as Energy Storage Systems, acceleration of Muon particles in the module, taking advantage of wave nodes and wave troughs in the process of transmitting energy in the form of multi-frequency impulses. According to Eng. Doan, the distinctive advantages of this "Pure Energy" system include: not depending on weather conditions, does not require much land and/or water surface, no need for large space - system can be compactly packed in two 40-foot containers for each MW, easy to transport, electromagnetic compatibility with living organisms and humans, no harm effects to the health of humans, livestock, pets, or vegetation, no waste or greenhouse gas emissions, no heat generation, no noise generation, easy know-how protection with quantum encryptions, easy to set up virtual power plants by using proprietary modules to coordinate output synchronously, easy to establish wireless power transmission systems with huge capacity without heat loss at close range, suitable setup for two-way recharging for electric cars. Eng. Doan will serve as the Chief Technology Officer of Philux Global Energy, Inc. and transfer intellectual properties related to energy generation and energy storage using the earth's available geomagnetic energy to Philux Global Energy, Inc. to be patented jointly for commercialization. He will hold fifty percent of the initial Common Stock of Philux Global Energy, Inc. Both parties mutally warrant that the intellectual properties and technologies that have been developed and will have been developed by Eng. Doan shall never be used for warfare purposes under any circumstances. In addition, Philux Global Group, Inc. is committed to spinning off and listing Philux Global Energy, Inc. in the U.S. Stock Markets, particularly Nasdaq, within one year or as soon as possible based on the progress and growth of this subsidiary.
BRTX

Hot Stocks

09:19 EST BioRestorative receive notice of allowance for patent app related to ThermoStem - BioRestorative Therapies announced that the United States Patent and Trademark Office, USPTO, has issued a notice of allowance for a patent application, app, related to the Company's metabolic ThermoStem program. The notice of allowance was issued on October 26, 2023. The application is scheduled to issue as U.S. Patent No. 11,851,682 on December 26, 2023. This will be the fourth U.S. patent granted under this particular patent family. Claims granted under the new patent cover methods of using differentiated human brown fat adipocytes as a platform to screen and identify compounds that can activate and regulate metabolic activity. "This notice of allowance is an important milestone as it provides us with tools that can be used as a platform to screen large libraries of compounds targeting metabolic disorders such as obesity," said Lance Alstodt, the Company's CEO. "The prevalence of developmental pipelines targeting obesity has increased substantially over the past year. As a result there is a need for more advanced targeted and precise tools and methods for identifying such compounds. This notice of allowance will afford us the protections necessary to allocate resources to develop these extremely valuable tools."
LNZA

Hot Stocks

09:17 EST LanzaTech, Tadweer join forced to initiate integrated Waste-to-SAF study - LanzaTech Global and Tadweer have joined forces to initiate an integrated Waste-to-Sustainable Aviation Fuel, SAF, feasibility study to scale SAF production from municipal and commercial solid waste. This is the first major project in LanzaTech and Tadweer's partnership and forecasts that up to 350,000 tonnes of hard-to-recycle municipal and commercial solid waste per year can be transformed into 200,000 tonnes of ethanol per year, ultimately producing 120,000 tonnes of SAF annually. Jennifer Holmgren, Chief Executive Officer of LanzaTech, commented: "Recycling municipal solid waste, rather than letting it pile up in landfills, offers incredible potential to produce sustainable aviation fuel at scale and reduce air travel's carbon footprint. This solution creates an alternative, lower carbon supply chain. With LanzaTech's technology in Tadweer's facilities, this project is an opportunity to address the climate crisis on two fronts simultaneously and keep virgin fossil fuels in the ground."
SOBR

Hot Stocks

09:17 EST SOBR Safe announces partnership with Jireh Asphalt & Concrete - SOBR Safe announced a new partnership with Jireh Asphalt & Concrete. Jireh is installing the innovative SOBRcheck technology at its central work yard in Mukilteo, Washington, marking a significant step in its ongoing commitment to safety.
SAVA

Hot Stocks

09:16 EST Cassava Sciences announces dividend distribution of warrants to shareholders - Cassava Sciences announced a pro rata dividend distribution of warrants to holders of the Company's common stock as of December 22, 2023. Shareholders will receive 4 warrants for each 10 shares of common stock held as of the Record Date, subject to rounding. Cassava Sciences will distribute the warrants to shareholders on or about January 3, 2024. After the Distribution Date, the warrants are expected to list and trade on Nasdaq, separate from Cassava Sciences' common stock, under the ticker SAVAW. Stockholders will receive 4 warrants for each 10 shares of common stock held as of the Record Date, rounded down to the nearest whole number for any fractional warrant. As an example, a shareholder who owns 1,000 shares of Cassava Sciences will receive 400 warrants plus, as applicable and as described below, the Bonus Share Fraction. Each warrant will entitle the holder to purchase, at the holder's sole and exclusive election, one share of common stock at an initial exercise price of $33.00 per share plus, as applicable and as described below, the Bonus Share Fraction. After the Distribution Date, warrant holders may cash-exercise their warrants, or they may sell their warrants on the open market. The Company will receive cash proceeds only from warrant holders who exercise their warrants. Warrant holders may exercise their warrants as will be specified under the terms of a warrant agreement that is expected to be filed with the U.S. Securities and Exchange Commission on or about January 3, 2024.
LGND

Hot Stocks

09:15 EST Sermonix Pharmaceuticals shares PK, baseline data tied to Lasofoxifene trials - Sermonix Pharmaceuticals broadly shared the three poster presentations examining clinical data tied to Sermonix's Evaluation of Lasofoxifene, which Sermonix licensed globally from Ligand, in ESR1 Mutations studies. The presentations were initially shared last week at the 2023 San Antonio Breast Cancer Symposium. One poster addressed pharmacokinetics of lasofoxifene as a monotherapy and in combination with Eli Lilly and Company's CDK4/6 inhibitor abemaciclib. Key takeaways included: PK data for lasofoxifene 5 mg/day were consistent with previous clinical trials, resulting in similar steady-state concentrations in patients across several studies. Addition of abemaciclib to lasofoxifene did not appear to alter the PK of lasofoxifene in ELAINE-2 compared with monotherapy in ELAINE-1, suggesting little to no drug-drug interaction. Abemaciclib concentrations in ELAINE-2 were consistent with previous monotherapy data, suggesting no impact of lasofoxifene on abemaciclib PK. A second poster discussed baseline genomic alterations and the activity of lasofoxifene and abemaciclib during the ELAINE-2 study. Key results/conclusions included: In 26 of the 29 patients enrolled, ESR1 mutations were identified at baseline by the Guardant360 CDx test. The profiling demonstrated that other genomic alterations are frequently detected concurrently with ESR1 mutations in the endocrine-resistant setting, in line with previous findings among patients with hormone receptor-positive mBC.Co-alterations in ESR1 and other genes associated with treatment resistance did not appear to compromise the efficacy of lasofoxifene plus abemaciclib in ELAINE-2. A third poster offered a trial-in-progress update on ELAINE-3, a 400-patient Phase 3 study assessing the efficacy and safety of lasofoxifene in combination with abemaciclib in treating locally advanced or ER+/HER2- mBC with an ESR1 mutation. ELAINE-3 enrollment is now underway.
LTRY

Hot Stocks

09:14 EST Lottery.com names Matthew McGahan as president, CEO, Gregory Potts as COO - Lottery.com announces the following strategic leadership appointments. Matthew McGahan assumes the helm as CEO, President, and Secretary, while Gregory Potts steps into the role of COO. McGahan, previously serving as interim CEO since July 2023, brings a wealth of diverse experience to Lottery.com. Gregory Potts, promoted to COO, will oversee the reinvention of Lottery.com's commercial growth and global operations. His extensive 25-year experience in strategic growth and marketing, coupled with his recent success as Global Vice President of Affiliate Success at Lottery.com, positions him to lead sales, marketing, customer success, and business development.
BON

Hot Stocks

09:14 EST Bon Natural Life announces breakthrough in apple polyphenol products - Bon Natural Life announced that the Company has achieved significant breakthrough in apple polyphenol extraction technology. This development is set to drive considerable growth in BON's apple polyphenol products in the upcoming fiscal year. Yongwei Hu, Chairman and CEO of BON, commented: "We are proud to overcome the main commercialization barriers of apple polyphenol through technological innovation. Currently, our annual production capacity of apple polyphenol is approximately 300 to 500 tons. With the new technology breakthrough, we expect this product to make significant progress in dietary supplements and personal care products, where sales are expected to significantly increase with a trajectory of continued rapid growth. With its strong functionality and broad application range, we believe that the apple polyphenol segment will become be a key driver for our sustainable growth and a transformative force in the industry, significantly enhancing shareholder value for the company."
DLPN

Hot Stocks

09:11 EST Viewpoint Creative secures multi-year design, animation contract - Viewpoint Creative announced its extensive partnership with the Massachusetts State Lottery, specializing in digital graphic design and animation services. The agreement builds on the success of yesterday's state-wide launch of the redesigned presentation of the Mass Lottery's Keno game. The focus of Viewpoint's services will primarily revolve around enhancing the Mass Lottery's monitor game product line, encompassing both design updates for existing games and the potential creation of graphics for new game launches. Viewpoint Creative is already well underway with its initial collaboration with the Mass Lottery, where they are in the process of refreshing the visual identity of Keno, one of the state's most beloved games. Their aim is to modernize the game while preserving its familiar user experience.
FBIN

Hot Stocks

09:10 EST Fortune Brands Innovations raises dividend to 24c from 23c - Fortune Brands Innovations nnounced that on December 11 its Board of Directors declared a quarterly cash dividend of 24c per common share. The dividend is payable on March 13, to stockholders of record as of the close of business on February 23. The increase in the quarterly dividend, from 23c to 24c, represents the Board's continued confidence in the Company's long-term cash flow potential and its support of the Company's broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brands' businesses, pursuing accretive acquisitions and returning cash to shareholders.
KMX

Hot Stocks

09:09 EST CarMax introduces first all-electric semi-truck into logistics fleet - CarMax announces the pilot of its first all-electric semi-truck that is being used as a vehicle hauler in California's San Joaquin Valley. The truck can transport up to seven vehicles at one time and can travel an estimated 230 miles on a single charge, enabling it to efficiently service CarMax's stores in the region. CarMax is testing the all-electric semi-truck in real-world conditions and its Stockton, California store will serve as the region's hub for fast-charging the vehicle with a Level 3 charging station.
NVVE

Hot Stocks

09:09 EST Nuvve Holding expands partnership in stationary batteries segment in Japan - Nuvve Holding, along with Toyota Tsusho and Japan's Chubu Electric Power Miraiz, are expanding their existing commercial agreement with the addition of a new stationary, vehicle-to-grid capable lithium-ion batteries located in Japan to provide additional capacity, ancillary power and stabilizing services to the grid. Chubu Electric Power Miraiz is scaling its participation in Japan's energy market beginning with stationary batteries at sites located in Chubu area, 30MWh in total. Nuvve's GIVe - Grid Integrated Vehicle - platform, which is fully integrated with the deployed Japanese stationary batteries, controls the flow of power from the batteries to provide complex grid services and mitigate demand fluctuations during times of forecasted grid stress from peak power sources. Successful integration and testing of Nissin's stationary battery system, with Nuvve's GIVe platform paves the way for additional scaled deployments in Japan required for grid support by providing revenue-generating demand response and flexibility services. Japan announced a grid expansion masterplan in March 2023 at an estimated cost of $45B-$55B by 2050.
SCLX

Hot Stocks

09:07 EST Scilex announces expanded access to ELYXYB - Scilex Holding announced that it has signed an insurance coverage agreement for ELYXYB with a national PBM, for their Medicare population potentially expanding coverage of ELYXYB. "We are pleased to report solid ELYXYB growth in managed plans for additional points of care and expanded utilization of ELYXYB throughout the U.S. Importantly, our diversified portfolio of unique products will increasingly allow us to offer patients complementary and standalone opioid-sparing pain management solutions. The Scilex commercial team continues to demonstrate success in expanding access and currently has prioritized and targeted select payor accounts to improve the access for ELYXYB(R)," said Jaisim Shah, Chief Executive Officer and President of Scilex.
INUV

Hot Stocks

09:06 EST Inuvo announces 'comprehensive commitment' to ethical innovation in AI - Inuvo announced a comprehensive commitment to ethical innovation in AI, and is urging other tech leaders to do the same. Inuvo has outlined its key pillars in an AI Transparency Statement, which details its responsible development and ethical use of artificial intelligence. As AI continues to become more sophisticated, transparency has become increasingly important. Inuvo calls on other advertising companies who use AI, machine learning, and data science to publish their own transparency statements and join together in advocating for the ethical advancement of AI-based technologies.
NURO

Hot Stocks

09:06 EST NeuroMetrix reports results from pilot trial of Quell in post-acute covid-19 - NeuroMetrix reported the recent presentation of data from a clinical trial of Quell wearable neuromodulation technology in patients with post-acute COVID-19 syndrome, commonly called Long COVID. The presentation was made at the National Science Foundation funded Center to Stream Healthcare In Place annual meeting in Washington DC. The trial was conducted at the Baylor College of Medicine in collaboration with C2SHIP. The principal investigator was Dr. Bijan Najafi, Professor of Surgery, and clinical director at the Division of Vascular Surgery and Endovascular Therapy, Baylor College of Medicine. The Quell PACS study was a subject and investigator blinded, randomized, sham-controlled trial. Twenty-five subjects completed the study. The trial met the BPI primary endpoint, with the pain interference subscale exhibiting a greater decrease in the active arm compared to the sham arm. In the 60% of subjects who met ACR criteria for fibromyalgia, the MAF showed a significant within-group decrease in fatigue for the active arm but not for sham. The active group also demonstrated significant within-group improvements in gait quality. "The impact of COVID-19 lingers long after the acute infection in many individuals, and may resemble a fibromyalgia-like syndrome. Unfortunately, like traditional fibromyalgia, the COVID-19 version is debilitating and difficult to treat," said Shai Gozani, M.D., Ph.D., CEO of NeuroMetrix. "This pilot trial suggests that Quell may alleviate fibromyalgia-like pain and other symptoms of Long Covid. We are conducting a regulatory review to determine if the data supports an expansion of the Quell fibromyalgia label. We appreciated the opportunity to work with Professor Bijan Najafi and his colleagues at the Baylor College of Medicine in this investigation. This project is a demonstration of the mission of C2SHIP to address some of the most difficult healthcare challenges facing the country."
TPR

Hot Stocks

09:06 EST Tapestry partners with Pivot Energy for community solar projects in Illinois - Tapestry is developing six community solar projects in Illinois, totaling 33 megawatts, with national renewable energy provider Pivot Energy. Tapestry has committed to purchasing 15 years of Impact Renewable Energy Credits produced by the projects, which will produce more than 50,000 MWh per year with a total estimated 750,000 MWh over the course of 15 years. This commitment helps enable new renewable energy to be developed in Illinois. Additionally, the two companies will invest $2K per MW built, or $66K total, in local community organizations. These community solar projects are set to come online and begin delivering clean energy in early 2025.
ASTC

Hot Stocks

09:05 EST Astrotech forms subsidiary Pro-Control, enters exclusive license - Astrotech Corporation announces formation of a wholly owned subsidiary Pro-Control and has entered into an exclusive license to use the ATi Mass Spectrometer Technology for chemical manufacturing process control applications. Pro-Control is announcing the introduction of its proprietary Pro-Control Maximum Value Process and the Pro-Control-1000 mass spectrometer designed to test, measure and increase potency, purity and weight yields in the chemical manufacturing processes, delivering value to our customers by facilitating improved yields, which we believe will lead to an overall increase in profitability. Pro-Control MVP uses advanced mass spectrometer instrumentation to monitor and control the fractional distillation of bulk chemicals using real-time in-process samples. Pro-Control MVP provides the vital spectral qualitative and quantitative data needed to control the distillation parameters while significantly improving efficiency. The Pro-Control MVP rapid test can take up to 20 tests per hour providing ideal testing conditions to greatly increase efficiency.
BK

Hot Stocks

09:04 EST BNY Mellon to expand in Lake Mary, Florida - BNY Mellon announced it's investing significantly in its real estate footprint in Lake Mary, Florida, naming it a key location for the firm's growth. The firm outlined plans for a cohesive campus that will span across two locations totaling 300,000 square feet. This includes 200,000 square feet of new office space at 600 Colonial Center Parkway, and renovations to its existing space at 300 Colonial Center Parkway. The renovation work across both spaces is expected to be complete in 2024.
CVKD

Hot Stocks

09:03 EST Cadrenal Therapeutics engages Sage Group for development of tecarfarin - Cadrenal Therapeutics announced an engagement with The Sage Group to assist the company in exploring strategic partnerships, co-development and licensing agreements for tecarfarin. The Sage Group provides strategic and transactional advice to healthcare and life science companies in the pharmaceutical, diagnostics, medical devices, biotech, regenerative medicine, and cell and gene therapy fields. This partnership will give Cadrenal access to The Sage Group's clinical and regulatory expertise, capital resources, and network of contacts. Tecarfarin is a novel chemical entity that provides stable anticoagulation to patients with certain orphan diseases, including End-Stage Kidney Disease with Atrial Fibrillation; Left Ventricular Assist Devices; and Antiphospholipid Syndrome. In Phase 1, Phase 2, and Phase 2/3 clinical trials, tecarfarin has generally been well-tolerated in both healthy adult subjects and patients with chronic kidney disease. The FDA has granted tecarfarin orphan drug and fast-track designations for ESKD with AFib. Cadrenal is also developing expanded regulatory strategies for LVAD and APS.
FAT

Hot Stocks

09:03 EST Fat Brands' Fazoli's returns to Mesa, Arizona - Fazoli's, a portfolio company of FAT Brands, has made its long-awaited return to Mesa, AZ. The Mesa Fazoli's is located at 953 N Dobson Rd, Mesa, AZ 85201, and is open 10:30 a.m. to 9:30 p.m. Sunday through Thursday, and open late on Fridays and Saturdays until 10:30 p.m.
RTX

Hot Stocks

09:02 EST RTX's Raytheon receives $10M contract from DARPA - Raytheon, an RTX business, has received a $10M contract from DARPA to design and develop a wireless airborne relay system to deliver energy into contested environments. The Persistent Optical Wireless Energy Relay program, known as POWER, aims to revolutionize energy distribution by leveraging power beaming for near-instantaneous energy transport in a resilient, multi-path network. Under the two-year contract, Raytheon will create an airborne relay design to enable "webs" capable of harvesting, transmitting and redirecting optical beams. These "webs" will transmit energy from ground sources to high altitude for the precision, long-range operation of unmanned systems, sensors and effectors. Harvesting energy will ultimately reduce the military's dependence on fuel as well as its delivery and storage.
ACHV

Hot Stocks

08:58 EST Achieve Life says FDA advises on need for long-term cytisinicline exposure data - In a regulatory filing yesterday, Achieve Life Sciences stated: "As previously reported, Achieve Life Sciences recently conducted a pre-New Drug Application, or 'NDA,' meeting with the U.S. Food and Drug Administration for the company's drug product candidate, cytisinicline, during which agreement was reached on many of the submission requirements for an NDA. During that meeting, the FDA expressed support for an NDA submission based on adequate data to assess efficacy from the two randomized and controlled Phase 3 trials. In addition, the FDA advised that long-term exposure data beyond 12 weeks would be needed to adequately assess safety risk given that it views smoking cessation drugs as products for chronic, intermittent use because patients may relapse and require subsequent courses of treatment over a lifetime. The FDA advised that long-term safety data could be collected on a patient's cumulative treatment over time and could also be collected in the vaping cessation program. The company is participating in ongoing discussions with the FDA to clarify the requirements and timing for the long-term exposure safety data to support an NDA submission and the company's NDA filing timing may be delayed to address this FDA feedback. Following receipt of additional input from the FDA, anticipated in the first quarter of 2024, the company will provide an update on its projected NDA submission timing."
GETY

Hot Stocks

08:58 EST Getty Images announces partnership with Eric Charbonneau - Getty Images announced an exclusive partnership with leading entertainment photographer, Eric Charbonneau. His extensive archive will be available for license on Getty Images, including his collection of portraiture via Contour. Charbonneau's work has appeared in major publications, as well as books like Vanity Fair's Oscar Night: 75 Years of Hollywood Parties and Tom Ford.
GM

Hot Stocks

08:52 EST GM Defense announces MOU for collaboration with Jankel - GM Defense, a subsidiary of General Motors (GM), and Jankel, a British "leader in the design, integration, manufacture and support of high-specification defense systems," announced a Memorandum of Understanding, or MOU, that establishes a framework to jointly pursue business opportunities for defense and government customers using GM Defense mobility solutions, including the Heavy-Duty Sport Utility Vehicle international variant, the Integrated Armored Vehicle. "The collaboration will include support work in the U.S., in addition to the UK, Europe and in other locations where Jankel has an established support capability," GM stated. Reference Link
XPL

Hot Stocks

08:52 EST Solitario announces U.S. Forest Service environmental assessment, draft decision - Solitario Resources reported that the U.S. Forest Service published its environmental assessment and draft decision of a Finding Of No Significant Impacts on Solitario's proposed Golden Crest drilling program in South Dakota. This important decision moves the permitting process forward towards the final steps in acquiring drilling approval. Chris Herald, President and CEO of Solitario stated, "We are pleased that the U.S. Forest Service, after careful analysis, including consideration of all stakeholder comments, reached the decision that our proposed drilling program does not result in significant impacts on the environment. Our proposed drilling program was carefully planned with all drilling activities situated on previously disturbed areas of past timber harvesting. Several additional administrative steps remain before final permit decisions will be forthcoming, however, we consider this decision to be the most important milestone before final approval."
AIP

Hot Stocks

08:52 EST Arteris, SCALNIX partner on advanced communications innovation - Arteris announced that SCALINX has licensed Ncore and FlexNoC interconnect IP for its next-generation Modem SoC dedicated to wireless communication infrastructures. The Arteris interconnect IP products facilitate enhanced efficiency, improved economics and faster time to market in the 5G communications sector. "Our silicon-proven IP technology facilitates the design of multi-band, multi-carrier SoCs to meet the demands of this ambitious project," said K. Charles Janac, president and CEO of Arteris. "The potential for the SCALINX technology is extensive, and it could have a significant impact on the future of communications."
SCWO ARCAY

Hot Stocks

08:50 EST 374Water, Inc. partners with DIU, Arcadis, Clean Earth fo PFAS remediation - 374Water announced its participation in an environmental initiative led by the Department of Defense. In collaboration with the Defense Innovation Unit, the project focuses on demonstrating advanced technologies to treat persistent and challenging contaminants known as per- and polyfluoroalkyl substances. These prototype projects are being carried out in collaboration with the DoD's Environmental Security Technology Certification Program, the U.S. Air Force, and the U.S. Navy, spanning three DoD-identified installations. As part of this effort, ten companies, including 374Water, have been awarded prototype contracts to develop and showcase innovative solutions for addressing PFAS contamination. 374Water will employ its AirSCWO technology to demonstrate the destruction of PFAS in various forms. These tests, integral to the project's success, will be conducted at a Clean Earth facility. Arcadis will oversee the project coordination and analytical components, ensuring a comprehensive and collaborative approach to tackling one of the most pressing environmental issues in the United States and the rest of world today.
AENT

Hot Stocks

08:50 EST Alliance Entertainment's AMPED distribution helps power launch of K-pop band - Alliance Entertainment announced that its independent distribution arm AMPED Distribution assisted with the successful physical launch of K-Pop band ATEEZ's latest album, "THE WORLD EP.FIN : WILL", with physical CD and Vinyl sales powering the band's first US number-one album within its first week of release. "We congratulate ATEEZ under KQ Entertainment and hello82 on securing their first-ever US number-one album within the first week of release, making history for the group and the K-Pop genre," said Jeff Walker, CEO and CFO of Alliance Entertainment. "The album also stands out as one of the few K-Pop releases featuring a simultaneous CD and Vinyl launch. AMPED's powerful reach supplying and marketing music throughout the US has continued to position us to be the go-to distributor to maximize physical sales for bands and labels."
VERB

Hot Stocks

08:49 EST Verb Technology's MARKET.live adds five retail brands to livestream platform - Verb Technology announces five more new brands have joined the MARKET.live platform this week. The recent completion of the Company's tech integrations with the ecommerce solutions powering thousands of vendors' existing ecommerce stores are continuing to drive demand from retailers eager to create new and additional distribution channels and affiliate relationships through MARKET.live. The Newly Onboarded Brands: DaDa Bedding Collection; elvis+elvin; Joya Mia; Milk Snob; Fat Boy Surf Club.
MACE

Hot Stocks

08:48 EST Mace Security announces updated direct-to-consumer strategy - Mace Security announces that the Company has refreshed Mace's direct to consumer strategy with multiple paths for sustainable long-term growth. This strategy will prioritize enhancing and executing a comprehensive digital transformation and increasing web traffic by using data-driven metrics to better serve customers. Digital Transformation Actions and Strategies: The Company is excited to announce the launch of Mace.com 2.0, effective January 1st, 2024. The newly redesigned website will increase customer engagement, promote useful educational tips, and provide a seamless experience for our customers. We encourage customers and partners to visit our refreshed website starting January 1st, 2024. The Company plans on transforming the customer engagement experience by implementing automated chat systems and sales agents to help serve our customers across a wide array of topics including product selection, product capability, and best practices. The Company is excited to announce the launch of our TikTok account @macesecurity where we encourage and promote daily customer stories, product experience, and safety tips. The Company loves to hear stories and encourages users to tag us. The Company will bring new and engaging content to customers via its YouTube channel. The Company has partnered with leading influencers across the country to launch an influencer marketing campaign that unlocks the hidden value behind the MACE Brand. MACE Brand is anticipating substantial growth in website traffic following the release of its upcoming new product pipeline in the next 60 days as well as through new social media engagement. The Company has already seen an increase in web sessions, add-to-basket initiatives, and conversion rates through the early testing of its influencer marketing program. The Company expects new initiatives to drive website traffic and conversion rates above prior peak sales levels. Additionally, MACE is aiming to achieve a 150-basis point expansion in online conversion rates in the next 60 days through the implementation of new digital marketing strategies, YouTube channel content, and social media targeting. In support of the online reinvention plan, the Company has made strategic changes in personnel and vendor relationships to expedite the initiative.
AIMD

Hot Stocks

08:46 EST Ainos announces 1-for-5 stock consolidation - Ainos announced that, as previously authorized by its shareholders, the Company is implementing a consolidation of its outstanding shares of common stock on the basis of one new share of common stock for every five currently outstanding shares. The new shares of common stock will be effective for trading purposes as of the commencement of trading on Thursday, December 14, 2023, and will trade under a new CUSIP number 00902F 303. The Company's ticker symbol, AIMD, will remain unchanged. The Company has filed a Certificate of Amendment to its Restated Certificate of Formation to effect the stock consolidation. The new number of outstanding common shares will be approximately 4,677,898 shares. The number of authorized shares and the par value per share will remain unchanged. No fractional shares will be issued in connection with the reverse stock split. Holders of fractional shares will be paid out in cash for the fractional portion. The number of outstanding options and warrants will be adjusted accordingly, with outstanding options being approximately 7,333 and outstanding warrants being approximately 664,730.
DBKSF

Hot Stocks

08:45 EST Spetz appoints Nofar Shigani as CFO - SPETZ announced the appointment of Ms. Nofar Shigani as CFO, effective immediately. Ms. Shigani will take over the role previously held by Mr. David Bhumgara. Prior to her appointment as CFO, Ms. Shigani held key financial positions within the Spetz group across Israel, the UK, Australia, and the USA.
CLRB

Hot Stocks

08:44 EST Cellectar Biosciences receives Notice of Allowance for patent for PDC platform - Cellectar Biosciences announced that is has received Notice of Allowance for the patent titled, "Phospholipid-flavagline conjugates and methods of using the same for targeted cancer therapy," from the Japanese, Chinese, Eurasian, Brazilian, and Mexican patent authorities. These patent allowances in key global regions follow prior allowances for the same patent in the US, Europe, Australia and Canada. The patent provides composition of matter and use protection for the Cellectar's Phospholipid Drug Conjugate, PDC, platform as a targeted delivery vehicle in combination with a class of small molecules known as flavaglines. "The expansion of our global IP portfolio supports our plan to develop a diverse product portfolio delivering value across a broad range of therapeutic modalities beyond radiotherapies. In the immediate term, we look forward to reporting topline Waldenstrom's macroglobulinemia pivotal data for our lead radioconjugate therapy, iopofosine I 131, in January 2024," said James Caruso, president and CEO of Cellectar. "We are also focused on developing and expanding our pipeline of PDCs in additional high need cancers. Our robust global IP portfolio provides the foundation as we drive forward our mission to transform cancer care for people worldwide."
CLIN

Hot Stocks

08:44 EST Clean Earth, Alternus announce continuation of combination close process - Clean Earth Acquisition Corp. announced that the conditions to closing the business combination between Clean Earth and Alternus Energy Group have not yet been satisfied and the business combination has not closed, as described in the definitive proxy statement/prospectus filed by the Company with the SEC on November 14, 2023. The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list the post-combination company's common stock following the closing of the business combination. There can be no assurance that the business combination will be consummated within the time period required by Clean Earth's governing documents, which currently provide that Clean Earth must consummate its initial consummation by May 28, 2024.
MRNA

Hot Stocks

08:42 EST Moderna reports commercial organization changes to prepare for product launches - Moderna announced changes to its operating model to bring focus to its short- and long-term business goals. The Company is focused on driving continued sales of its COVID-19 vaccine and launching its RSV vaccine in 2024, while also preparing to launch multiple products per year from 2025 forward. The Company has decided to increase executive focus on driving sales of Spikevax and the expected launch of its RSV vaccine next year. To do this, Stephane Bancel, Chief Executive Officer of Moderna, will assume responsibility for sales and marketing in 2024, working directly with the commercial team. To ensure the Company also maintains momentum on its launches beyond 2024, Stephen Hoge, M.D., President of Moderna, will assume responsibility for pipeline commercial strategy and for Medical Affairs. As part of these changes, Arpa Garay, previously Chief Commercial Officer, is expected to leave the Company in the coming months and will remain an advisor during the transition.
FMST

Hot Stocks

08:41 EST Foremost Lithium issues shareholder letter, provides corporate update - Foremost Lithium Resource & Technology issued a letter to shareholders from its President and Chief Executive Officer, Jason Barnard. "2023 was a transformational year for Foremost Lithium, building the foundation for success in our 2024 drilling programs as we advance project timelines at our asset rich, strategically located hard-rock lithium properties in North America.... On the capital markets front, we achieved a monumental milestone with our uplisting to the Nasdaq and the completion of a concurrent USD $4.0 million public offering... First and foremost, I'd like to present a problem we are facing and why we have the potential to serve a critical role in North America's clean energy transition. At its core, the problem is simple. With the transformation to a more sustainable economy well underway, the U.S. and Canada are implementing policies and procedures to try and reduce their external reliance for critical minerals globally, and to gain independence, and energy security... With growing national security concerns from regulators and the memory of recent domestic supply chain difficulties fresh in the minds of automotive manufacturers everywhere, there is a clear opportunity for us to become a premier supplier of lithium feedstock to North American industry... Our four distinct Lithium Lane projects located in the mine friendly district of Snow Lake, Manitoba - span a combined 43,000 acres - each have the potential to have its own planned future drill program, which independently, could reach significant tonnage... Early in 2023, we received phase two of a metallurgical report from on our 8,377-acre Zoro Lithium Project. Final test results confirmed the ability to produce a near 6% Li2O concentrate while achieving a global lithium recover of 81.6%, producing a significant CAPEX and OPEX savings. This was a critical milestone for our Company which highlights the quality of our ore to prospective battery manufacturers and other strategic partners while our lithium is still in the ground.... During the year we successfully completed a 24-hole 3,002 metre drill program on our 2,476-acre Jean Lake Lithium Project.... The results of the program confirmed lithium at the B1 pegmatite while also making a serendipitous new gold discovery on the property. Grass River Lithium Project. This project covers 15,665 acres with 7 spodumene-bearing pegmatite dykes discovered by past drilling with a further 10 exposed pegmatite targets at the surface.... Our Peg North Lithium Projects spans 16,697 acres with numerous mapped pegmatite dykes, extending our property holdings along the entire northern extension of the Crowduck Bay Fault, which is known for its lithium-enriched pegmatite dyke clusters. A high volume of pegmatite dykes were discovered and sampled during the 2023 campaign, with significant unexplored territory remaining... In September we finalized the acquisition of a 100% interest in the Lac Simard South property in the Province of Quebec, Canada... This acquisition is consistent with our focus of acquiring quality assets near known established lithium production and processing regions... In October we made the final cash payment to acquire a 100% interest in the Little Granite Gold/Silver Mine claims, within the Winston Group of Properties... We would like to conduct a future drill program as well as develop this project into a much-anticipated spin-out, which would result into dividend shares to shareholders.... We are now finalizing drill targets for a winter drill program in the coming months on both the Zoro and Jean Lake Properties... Looking ahead, we will continue our exploration efforts on 25 confirmed spodumene bearing pegmatite dykes along historically known lithium-enriched trend lines. As the EV revolution continues to take hold and the global transition toward decarbonization accelerates, lithium will be in constant demand. We are positioning Foremost to play a key role in this transformative revolution - all with the ultimate goal of generating sustainable, long-term value for my fellow shareholders."
PRSO

Hot Stocks

08:40 EST Peraso enters new customer partnership for X130 chipset - Peraso announced a new customer engagement. As part of its latest partnership, Peraso's X130 chipset will be replacing its customer's current solution for wireless video distribution for indoor applications. The X130 offers support for high bandwidth, low latency applications and circumvents Wi-Fi network congestion using mmWave.
TOPS

Hot Stocks

08:39 EST TOP Ships reports management estimate of NAV of $344M as of Dec. 12 - TOP Ships announced that after taking into account the most recent charter free vessel value estimates from a third party international broker, debt outstanding and cash, management estimates the Company's net asset value as of December 12, 2023 to be $344M, increased from the previously-announced estimate of $285M as of June 30, 2023. This translates into a NAV of $74.36 per common share and $61.15 per common share on a fully diluted basis. Additionally, the Company announced today that following the latest charter fixtures of its two VLCCs, and after taking into account the maximum duration of the firm period of all charters, the previously-announced gross revenue backlog for the firm time charter period, including 50% of the Company's JV vessels, as of June 30, 2023, has increased to $400M. The Company further announced that its Board of Directors is currently considering and reviewing the adoption of shareholder friendly measures, potentially including a share buyback plan.
EML TRS

Hot Stocks

08:38 EST Barington Capital issues letter to TriMas board - Trimas (TRS) shareholder Barington Capital Group and its affiliates, including The Eastern Company (EML), which collectively own 1.0% of TriMas, has sent a letter to the CEO of TriMas, Thomas Amato, recommending the company implement a plan to improve long-term shareholder value. Highlights of the letter include: "TriMas' shares have underperformed its peer groups, the S&P 600 Industrials Sector Index, the S&P 500 and the Russell 2000...James Mitarotonda, Chairman of Barington, said, "We believe TriMas' poor share price performance is a direct result of the challenges it is experiencing at its Packaging segment and the subscale size of its Aerospace segment. Furthermore, we believe TriMas' multi-segment structure is not delivering long-term value for stockholders, as the sum of TriMas' segments are worth well in excess of its current share price...We propose that TriMas focus its operations on its packaging businesses - the Packaging segment and Norris Cylinder - due to their healthy cash flow characteristics and attractive long-term prospects. We believe our proposal can be implemented by divesting Arrow Engine, as the business is performing at peak levels, and the Aerospace segment, once its margins normalize. We are confident that our proposal can maximize shareholder value, unlocking $42-$54 per share for stockholders over three years or approximately 65%-116% above the company's recent share price."
CLOE DGLY

Hot Stocks

08:37 EST Clover Leaf Capital, Kustom Entertainment amend lock-up agreement - Digital Ally (DGLY) and Clover Leaf Capital Corp. (CLOE) and Kustom Entertainment announced that CLOE and Kustom Entertainment have entered into an amendment to the Lock-Up Agreement in connection with the proposed business combination between CLOE and Kustom Entertainment announced June 2, 2023. The original Lock-Up Agreement was made and entered into as of June 1, 2023 in connection with the proposed Business Combination, in which Digital Ally, would immediately distribute 15% of all securities received as merger consideration in the merger at the closing. Under the Amended Lock-Up Agreement entered into December 11, 2023, Digital Ally will now immediately distribute 20% of all securities received as merger consideration in the Business Combination at the closing, with 80% being subject to the 6-month lock-up period. This Amended Lock-Up Agreement follows the recent filing of the S-4/A Registration Statement Amendment with the U.S. Securities and Exchange Commission, indicating continued progress toward the previously announced merger with CLOE. The combined company will be known as Kustom Entertainment and will operate under the same management team as Kustom Entertainment, which is currently led by Stanton E. Ross, the current CEO of Digital Ally. The transaction contemplates an equity value of $125 million for Kustom Entertainment. The combined company is expected to have an implied initial pro forma equity value of approximately $222.2 million, with the proposed business combination expected to provide approximately $14 million in gross proceeds from the cash held in trust by CLOE, assuming no redemptions. Additionally, Digital Ally will now distribute to its shareholders 20% of the shares obtained in Kustom Entertainment immediately following the closing of the merger and intends to distribute the balance of such shares following a six-month lock-up period.
SIDU

Hot Stocks

08:36 EST Sidus Space integrates Edge AI into LizzieSat for initial launch with SpaceX - Sidus Space "is excited to provide an update on its Edge Artificial Intelligence AI software and hardware for space applications expansion. The integration of AI/ML into Sidus' existing offerings enhances and strengthens Sidus' mission to advance satellite technology and expand its solutions for customers. Sidus' investment in AI/ML includes a host of innovative AI software solutions that transform geospatial data into actionable answers. Sidus has successfully integrated AI hardware and software into its LizzieSat satellite design. This new AI software gives Sidus the ability to offer on-orbit tailored solutions to a broader range of customers by providing the resources and expertise to process geospatial data more effectively. "The addition of AI capabilities was a big step forward for our Company," said Carol Craig, CEO and Founder of Sidus. "We have created solutions for customers who were formerly unable to access the kind of technology and the information provided by traditional satellites," continued Craig. "At the same time, we created internal value that will be realized on our own LizzieSats as we plan deployment of satellites over the next two years."
RNAZ

Hot Stocks

08:35 EST Transcode Therapeutics reports pre-clinical results with candidate TTX-MC138 - TransCode Therapeutics reported successful completion of a preclinical study comprising four independent replicates with its lead therapeutic candidate, TTX-MC138, in pancreatic adenocarcinoma, PDAC. The study demonstrated that TTX-MC138 was effective against metastatic pancreatic cancer in animal models. There are currently no treatment options for patients with metastatic pancreatic cancer beyond palliative care. The study involved weekly injection of TTX-MC138 into animals bearing human pancreatic tumors. Treatment was initiated after the tumors were established and continued for 8 weeks. Untreated animals and animals treated with the standard-of-care chemotherapeutic, gemcitabine, were used as controls. The results of the study indicated that 38% of the animals treated with TTX-MC138 had evidence of metastasis at the end of the study, whereas 90% of untreated animals and 77% of animals treated with gemcitabine had metastases. The study showed that TTX-MC138 reduced metastatic burden by 50% compared to untreated animals and by 39% compared to animals treated with gemcitabine. Target engagement was demonstrated by measuring the expression of the target, miRNA-10b, in tumor tissue. TTX-MC138, delivered via TransCode's proprietary TTX delivery platform, demonstrated a nearly complete erasure of the miR-10b target in the tumors and successful engagement of multiple downstream oncogenes, many of which are currently undruggable using existing drugs but which could potentially be therapeutic targets using TTX-MC138. The company believes that these outcomes, which exceeded earlier in vitro observations, validate TTX-MC138's targeting of miR-10b in tumors. Furthermore, the company believes that these results underscore the efficacy of its TTX platform for the systemic delivery of RNA-based therapeutics into solid tumors.
ADTX EVFM

Hot Stocks

08:35 EST Aditxt to acquire Evofem for $100M in stock - Aditxt (ADTX) and Evofem (EVFM) announced the signing of a definitive agreement under which Aditxt is to acquire Evofem in consideration of the issuance of a combination of common stock and preferred stock, and the assumption of certain senior indebtedness, having an aggregate amount of approximately $100M. Pending a successful transaction, it will also mark the establishment of a women's health mission within Aditxt's platform, aligning with global healthcare needs. The boards of directors of both companies have unanimously approved the transaction. Aditxt has assumed Evofem's senior secured debt that was issued to the investor under the securities purchase and security agreement dated April 2020, as amended, and shall pay $5M to Evofem's senior secured debtholder by year-end 2023, $8M by September 2024, and up to an additional $5M thereafter. Aditxt has also agreed to provide a $3M loan to Evofem between the date of signing of the agreement and closing and to cover Evofem's legal costs related to the transaction. At closing, the holders of Evofem's common stock will exchange their shares for an aggregate of 610,000 shares of Aditxt common stock. In addition, Aditxt has agreed to issue up to an aggregate of 89,126 shares of preferred stock to the holders of Evofem's currently outstanding unsecured notes, purchase rights, certain warrants, and preferred stock. Upon closing of the Transaction, which is currently anticipated to occur in the first half of 2024, Evofem will be a wholly owned subsidiary of Aditxt, with the Evofem management team to receive equity grants in the subsidiary of up to ten percent on a fully diluted basis after closing, and will continue to be led by Saundra Pelletier, Chief Executive Officer of Evofem, and the current management team. The boards of directors of Aditxt and Evofem have unanimously approved the proposed Transaction. The transaction is subject to, among other things, the approval of both Aditxt and Evofem stockholders and satisfaction or waiver of the conditions stated in the Agreement.
NHWK

Hot Stocks

08:34 EST NightHawk announces strategic shift to pure-play biomanufacturing CDMO - NightHawk Biosciences announced its strategic shift into a pure-play biomanufacturing Contract Development & Manufacturing Organization, as well as the divestiture of certain non-core assets, in order to focus on the growing sales within its Scorpius BioManufacturing subsidiary. The Company has booked contracts thus far in 2023, Scorpius' first full year of operation, that are expected to generate over $20 million in revenue, a substantial portion of which will be recognized in 2024. To facilitate this strategic shift, the Company has divested its Elusys subsidiary and related assets, and has eliminated most of its R&D and associated expenses to focus its resources on growing and expanding Scorpius. The assets will be acquired by a private company established by Jeff Wolf, CEO of NightHawk, which will assume Elusys' contracted financial commitments, currently estimated at over $40 million. Under the terms of the transaction, the private company will also provide an upfront payment of $500,000, a note for $2.25 million that is convertible into shares of NightHawk's common stock subject to receipt of stockholder approval, and royalties of 3% on all of Elusys' gross sales until June 30, 2031. The royalties are subject to a mandatory minimum payment of $5 million during the first five years of the royalty term. The divestiture of Elusys and R&D cuts are expected to reduce the Company's annual operating expenses by over $13 million and fully eliminate the need for NightHawk to raise capital to support Elusys' programs. Jeff Wolf, CEO of NightHawk and Elusys following the closing, commented, "Given the strength of our CDMO operations at Scorpius, we have made the strategic decision to refocus our efforts around those activities that hold the potential to generate meaningful cash flow while substantially reducing non-core costs and associated overhead. Scorpius booked $3 million in contracted sales in 2022, which has grown to over $20 million in contracted sales thus far in 2023. As contracted sales are generally recognized as revenue as work is performed, we expect to recognize substantial revenue on these booked contracts in 2024. We also have a very significant and growing sales pipeline, which includes contracts from premier pharma and biotech companies, as well as leading research institutes. We expect to close a number of new contracts before year-end and believe the growth in our sales pipeline is strong validation of the meaningful investments we have made in our Scorpius subsidiary. As we continue to grow our revenue and leverage our fixed costs, we expect our CDMO business to generate high margins and long-term profitability."
GREE

Hot Stocks

08:34 EST Greenidge Generation teams with with Infinite Reality, announces GreenidgeAI - Greenidge Generation Holdings announced that it has entered into a partnership and share exchange with Infinite Reality,, the global leader powering virtual immersive experiences serving clients such as Warner Bros. Discovery, Inc., Vodafone Group plc and Universal Music Group N.V. With this transformative partnership, Greenidge is also announcing the launch of its new service offering, GreenidgeAI. GreenidgeAI will be the exclusive provider to iR in the United States and Canada of specialized infrastructure, including datacenters utilizing graphic processing units o support generative Artificial Intelligence workstreams, including metaverse experiences and other applications requiring high performance computing . Additionally, Greenidge and iR will explore jointly designing and building a new datacenter to enhance iR's offerings, spearhead its growth and provide clients with lower-cost GPU access. This effort will be powered by Greenidge's access to low-cost power and leading engineers with experience designing and building datacenters.
SP

Hot Stocks

08:34 EST SP Plus upgrades parking services on University of Akron Campus - SP+ Corporation announced an agreement to operate, manage, and maintain the University of Akron's parking system at the main campus in Akron, Ohio. The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets. This agreement, with UAkronPark, as Concessionaire, has generated a significant up-front payment of $55 million for the University and will continue to provide ongoing revenue of approximately $75 million over the term, allowing the institution to focus on its core mission of educating students. Investment in campus parking facilities, operations, and technology will provide an improved overall customer experience.
SO

Hot Stocks

08:33 EST Southern Company Executive Chairman Tom Fanning to retire Dec. 31 - Southern Company announced the retirement of Thomas Fanning as the executive chairman of its board of directors, effective Dec. 31. Concurrently, the company also announced the election of Christopher Womack, president and CEO, as the new chairman of the Southern Company Board of Directors, effective Dec. 31.
SIGY

Hot Stocks

08:32 EST Sigyn Therapeutics appoints Jerry DeCiccio as CFO - Sigyn Therapeutics announced the appointment of Jerry DeCiccio, CPA, MBA, as CFO. Previously, he was CFO/COO at Intech Electromechanical, CFO/COO at GTC Telecom, CFO at Incomnet Communications, and President at Cerebain Biotech Corp.
TROW

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08:31 EST T. Rowe Price reports preliminary AUM $1.39T at November 30 - T. Rowe Price Group reported preliminary month-end assets under management of $1.39T as of November 30. Preliminary net outflows for November 2023 were $12.6B.
SYTA

Hot Stocks

08:31 EST Siyata Mobile CEO sends message to shareholders - Siyata Mobile shares the following year end message from Marc Seelenfreund, CEO of Siyata. "This year has been difficult, as the capital markets were unforgiving. With that said, 2023 played a critical and pivotal year for Siyata as we were able to complete difficult foundational tasks required to deliver impactful results in 2024. As we enter 2024, Siyata is quickly becoming a global leader in the ever-growing Push-to-Talk Over Cellular industry with Next Generation Cellular Technology. Siyata manufactures the only Mission Critical Push-to-Talk cellular radio device currently offered by leading North American cellular carriers, as well as a growing number of top international carriers. Siyata is in an extremely unique position; we've secured many of the world's largest cellular carriers which understand that land mobile radio is an antiquated and costly technology and are working hard to move this massive industry over to cellular technology... Fiscal year 2024 will continue to present growth opportunities for our company, as the carriers have clear incentives to sell our MCPTT devices to their enterprise and first responder customers. We believe that providing our leading products to first responders is more important than ever and are confident that we are firmly positioned at the forefront of this critical and growing sector. Our number one goal in 2024 is to ramp up sales and reach profitability, which we are confident can be achieved. Based on our projected sales and carrier incentives, we are forecasting large-scale opportunities in different verticals including first responders, education, health care, security, utilities, hospitality and more."
LCFY

Hot Stocks

08:29 EST Locafy announces subscription contract from agreement with U.S. media publisher - Locafy Limited announced that it has received its first subscription contract to apply Locafy's Keystone technology with the goal of improving online rankings for existing published advertorials. This contract represents the first order stemming from Locafy's agreement with the U.S.-based diversified media publisher previously announced in June. "Article Accelerator has consistently shown that it can help our customers rise to the top of online search," said Locafy CEO Gavin Burnett. "We believe that there are no alternative SEO solutions available on the market today that can deliver equivalent rapid results in highly competitive markets. After two months of proving our technology's capabilities with this media publisher, this initial contract is a testament to this publisher's confidence in our solution."
CACI

Hot Stocks

08:29 EST CACI awarded $420M Army task order - CACI announced that it was awarded a five-year, single-award, task order valued at up to $420M to support the U.S. Army Combat Capabilities Development Command, or DEVCOM, Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance & Reconnaissance, or C5ISR, Center, and the Engineering and Systems Integration, or ESI, Directorate. The Replication, Exploitation, and Analysis of Commercial Threats, or REACT, task order was awarded under the Responsive Strategic Sourcing for Services, or RS3, indefinite delivery, indefinite quantity, or IDIQ, contract vehicle.
ALAR

Hot Stocks

08:28 EST Alarum's NetNut announces SERP Scraper API - Alarum Technologies announced the advance Search Engine Results Page Scraper Application Programming Interface, developed by NetNut Ltd., its wholly owned subsidiary. The product, launched in October 2023, marks NetNut's entrance to the data collection and labeling market, estimated at $2.22 billion in 2022, expected to expand at a compound annual growth rate of 28.9%, expected to reach $17.1 billion in 2030. Developed in collaboration with a team of elite intelligence researchers, the new SERP Scraper is the first product developed together and is the first of NetNut's new data collection products line. The Company intends to continue developing its next generation of data collection solutions, catering to the growing need and demand by enterprise customers worldwide.
AGRX

Hot Stocks

08:27 EST Agile provides update on actions to strength ACA's no-cost contraceptive rule - Agile Therapeutics provided an update on the actions being taken to strengthen the Affordable Care Act's no-cost contraceptive coverage requirement. Following several months of focus by the Biden Administration and lawmakers on contraception and reproductive healthcare access barriers, the House Committee on Oversight and Accountability issued a new report addressing the topic: Revised Federal Guidance Regarding Contraceptive Coverage Could Benefit Millions of Women. The report highlights the continued barriers to contraceptive care and inequalities that continue to impact women's freedom to access the contraceptive that is best for them. The Company commends Rep. Jamie Raskin for his efforts to ensure that women have the healthcare and contraception that they need. Key highlights from the new report include: The report reinforces the urgent need for revisions to federal guidance. By implementing the Committee's proposed guidance revisions, the Tri-Departments could potentially ensure that 49 million women of reproductive age have increased access to no-cost contraception. The report is a follow-up to, Barriers to Birth Control: An Analysis of Contraceptive Coverage and Costs for Patients with Private Insurance, in which a House Committee investigation found that insurers and PBMs consistently imposed exclusions or cost-sharing requirements for contraceptive products. The previous investigation resulted in a recommendation that the administration update guidance to address coverage gaps by requiring that all contraceptives without a therapeutic equivalent are covered on plan formularies. This would ensure that all people have access to the most appropriate contraceptive products without out-of-pocket payment, as required by the ACA. This new report follows several recent noteworthy efforts from the Biden Administration and lawmakers to strengthen access to contraception as defined in President Biden's June 23, 2023, Executive Order: Strengthening Access to Contraceptives. Recent efforts include: After an investigation led by the state finding systemic non-compliance with contraceptive coverage requirements, Vermont Lawmakers requested the Administration provide additional oversight and enforcement of the ACA Contraceptive requirements to ensure health plans and PBMs are following federal and state guidance. In a November 16, 2023, letter4 to the Secretaries of the Departments responsible for implementation of the ACA contraceptive coverage requirements; the Congressional leaders from Vermont, Senators Bernie Sanders and Peter Welch and Representative Becca Balint, requested information from the Departments regarding its efforts to enforce the Affordable Care Act's no-cost contraceptive coverage requirement. The letter highlighted a recent state investigation that found three insurers in Vermont-BCBS VT, MVP Health Care, and Cigna Healthcare-had failed to provide patients with no-cost contraceptive services in violation of state and federal law and resulted in required restitution of almost $1.5M in inappropriate costs charged to consumers. The Biden Administration convened several meetings to discuss efforts to ensure robust implementation of the President's Executive Order on Strengthening Access to Contraceptive Care. On October 27, 2023, the White House convened private sector leaders to discuss efforts to ensure access to affordable, high-quality contraception. Administration leaders emphasized the importance of continuing to build on the progress that has been made under the ACA. These efforts include robust implementation of the President's third Executive Order on reproductive health care access, issued in June 2023, which directed federal agencies to "ensure coverage of comprehensive contraceptive care, including all contraceptives approved, granted, or cleared by the Food and Drug Administration, without cost sharing for enrollees, participants, and beneficiaries." On November 8, 2023, the U.S. Department of Health and Human Services Secretary Xavier Becerra, hosted a roundtable to hear directly from researchers on the ground about barriers to contraception care in the aftermath of the Dobbs Decision, and reaffirm commitment to expanding access to contraception. This roundtable marked the fourth meeting in a series hosted by the Secretary's Task Force on Reproductive Health. Agile Therapeutics thanks the Administration for its continued efforts and directing the Secretaries to consider actions, to the greatest extent permitted by law, that will ensure coverage of comprehensive contraceptive care including all contraceptives approved, granted, or cleared by the Food and Drug Administration, without cost sharing for enrollees, participants, and beneficiarie
BA

Hot Stocks

08:24 EST Boeing receives new order for 40 737 MAX Jets from Avolon - Boeing and Avolon announced the Ireland-based lessor intends to purchase 40 more 737-8 airplanes to expand the lessor's 737 MAX portfolio - consisting of 737-8 and 737-10 variants - to more than 110 jets. Avolon also ordered 40 737-8s in June. The new order is subject to shareholder approval by Bohai Leasing Co, Ltd, Avolon's main shareholder, and will be posted to Boeing's Orders and Deliveries website when finalized.
CLS

Hot Stocks

08:24 EST Celestica announces TSX acceptance of normal course issuer bid - Celestica announced that the Toronto Stock Exchange has accepted the Company's notice to launch a Normal Course Issuer Bid. Under the Bid, the Company may, and intends to, repurchase on the open market, at its discretion during the period commencing on December 14, 2023 and ending on the earlier of December 13, 2024 and the completion of purchases under the Bid, up to 11,763,330 subordinate voting shares, representing approximately 9.9% of the issued and outstanding subordinate voting shares and approximately 10.0% of the "public float", subject to the normal terms and limitations of such bids. Under the TSX rules, the average daily trading volume of the subordinate voting shares on the TSX during the six months ended November 30, 2023 was approximately 367,542 and, accordingly, daily purchases on the TSX pursuant to the Bid will be limited to 91,885 subordinate voting shares, other than purchases made pursuant to the block purchase exception. The actual number of subordinate voting shares which may be purchased pursuant to the Bid and the timing of any such purchases will be determined by the management of the Company, subject to applicable law and the rules of the TSX. In accordance with the TSX rules, the maximum number of subordinate voting shares which may be repurchased for cancellation under the Bid will be reduced by the number of subordinate voting shares purchased by non-independent brokers for delivery pursuant to stock-based compensation plans. The Bid will be funded using existing cash resources and draws on its credit facility, and any subordinate voting shares repurchased by the Company under the Bid will be cancelled. As of November 29, 2023, the Company had 119,041,272 issued and outstanding subordinate voting shares and a "public float" of 117,633,300 subordinate voting shares.
ZIMV

Hot Stocks

08:24 EST ZimVie announce compatibility between Vital, Brainlab Spine & Trauma Navigation - ZimVie announced it has received FDA clearance for its Vital Spinal Fixation System including instruments for use with Brainlab Spine & Trauma Navigation. This follows the execution of the companies' Development Cooperation Agreement, announced in March 2023, to achieve compatibility between ZimVie's Vital and Virage systems and Brainlab Spine & Trauma Navigation, which helps surgeons plan and execute spinal procedures, accurately place pedicle screws, and minimize radiation exposure. "This is a positive milestone for both teams and the first of what we hope will be many FDA clearances for compatibility. The strong collaboration between our organizations resulted in an expedited project timeline," said Rebecca Whitney, Global President of ZimVie Spine. "We have been focused on expanding our portfolio with enabling technologies to drive greater adoption, and I am excited to see the team advance toward the launch."
RKNEF

Hot Stocks

08:22 EST Humane selects Optiva BSS for launch of AI Pin - Humane has chosen Optiva's full-stack BSS solution to help power the billing, network integration and value-added services for its users. Ai Pin's seamless integration into daily routines will enable users to take the full power of AI everywhere, elevating your interactions with the world through its growing list of capabilities.
MRNA

Hot Stocks

08:22 EST Moderna announces operating model changes, CCO to leave company - Moderna announced changes to its operating model to bring focus to its short- and long-term business goals. The Company is focused on driving continued sales of its COVID-19 vaccine and launching its RSV vaccine in 2024, while also preparing to launch multiple products per year from 2025 forward. The Company has decided to increase executive focus on driving sales of Spikevax and the expected launch of its RSV vaccine next year. To do this, Stephane Bancel, Chief Executive Officer of Moderna, will assume responsibility for sales and marketing in 2024, working directly with the commercial team. To ensure the Company also maintains momentum on its launches beyond 2024, Stephen Hoge, M.D., President of Moderna, will assume responsibility for pipeline commercial strategy and for Medical Affairs. As part of these changes, Arpa Garay, previously Chief Commercial Officer, CCO, is expected to leave the Company in the coming months and will remain an advisor during the transition.
WIMI

Hot Stocks

08:21 EST WiMi Hologram Cloud develops quantum entanglement routing optimization - WiMi Hologram Cloud has developed a quantum entanglement routing optimization. This aims to improve entanglement fidelity and communication efficiency in quantum communication networks by optimizing the transmission path and distribution mechanism of entangled streams using advanced quantum memories and photonic switches. The overall design framework of quantum entanglement routing optimization is based on the complex structure of quantum communication networks and the entangled-stream distribution mechanism, and aims to optimize the transmission path and distribution method of entanglement flows in quantum communication networks to achieve high-fidelity entanglement transmission and high-efficiency quantum information communication.
EDAP

Hot Stocks

08:21 EST EDAP TMS announces positive opinion for reimbursement from French HAS - EDAP TMS announced that the French National Authority for Health, HAS, released a favorable recommendation for the reimbursement of high-intensity focused ultrasound, HIFU, therapy in the treatment of prostate cancer. The positive opinion from HAS is an important milestone along the regulatory pathway of securing final reimbursement in France. "We are pleased to receive this positive opinion from the HAS, which we believe reflects the outstanding safety and favorable clinical outcomes from use of Focal One Robotic HIFU in the HIFI study that included more than 3,000 prostate cancer patients," said Ryan Rhodes, Chief Executive Officer of EDAP. "Today's decision brings us one step closer toward securing reimbursement coverage from the French Social Security authorities, as we seek to expand treatment options for physicians and their patients with our leading Focal One HIFU technology platform."
TWOA

Hot Stocks

08:20 EST Two, LatAm Logistic Properties announce filing of registration statement - two and LatAm Logistic Properties announced the public filing of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission. The registration statement was filed by Logistic Properties of the Americas, a newly-formed holding company, in connection with LLP and TWOA's proposed business combination. On August 15, 2023, LLP and TWOA entered into a definitive business combination agreement that would result in LLP becoming a publicly traded company. As a result of the business combination, LLP and TWOA shareholders will exchange their shares for shares in Pubco. Upon closing of the transaction, Pubco's ordinary shares are expected to be listed on the New York Stock Exchange under the new ticker symbol "LLP." The registration statement on Form F-4 includes a preliminary prospectus with respect to Pubco securities to be issued in connection with the business combination and a preliminary proxy statement with respect to the shareholders meeting of TWOA to vote on, among other things, the business combination. The transaction is expected to close in the first quarter of 2024, subject to the registration statement being declared effective by the SEC, along with regulatory and both companies' shareholder approvals, and the satisfaction or waiver of other closing conditions.
PSTV

Hot Stocks

08:20 EST Plus Therapeutics partners with K2bio to develop novel tests for CSF analyses - Plus Therapeutics announced that it has partnered with K2bio to implement novel analysis for cerebrospinal fluid, CSF, tumor and molecular biomarkers for CNS cancers. Initial clinical specimen processing and testing will begin in Q1 2024 in the Company's ongoing Phase 1 ReSPECT-LM trial of rhenium obisbemeda in patients with leptomeningeal metastases. This trial is currently receiving grant funding through The Cancer Prevention and Research Institute of Texas. The Company expects testing costs to be partially covered under this grant. "The initial diagnosis, therapeutic selection and monitoring of patients with CNS cancers such as leptomeningeal metastases are significant problems in everyday clinical practice," said Marc Hedrick, M.D., President & Chief Executive Officer of Plus Therapeutics. "To turn these very lethal CNS cancers into treatable diseases, we must ideally address both the diagnostic as well as the therapeutic needs of caregivers and patients. This partnership with K2bio is the next part of our overall strategy to address both needs in parallel."
IVCGF

Hot Stocks

08:17 EST Iveco Group included in Dow Jones Sustainability Indices World and Europe - Iveco Group has been included in the Dow Jones Sustainability Indices World and Europe announced 8th December 2023 by S&P Dow Jones Indices.
NVEE

Hot Stocks

08:17 EST NV5 Global awarded $9M geospatial vegetation management contract - NV5 Global announced that it has been awarded a one-year, $9M contract by a Northern California utility for vegetation management designed to minimize vegetation encroachment on the utility's transmission system. During the initial phase of the project, NV5 will utilize advanced remote sensing technologies to identify vegetation encroachment and hazards. Following the initial phase, NV5 will deliver additional midcycle inspections and tree health analytics. "Effective vegetation management is essential to maintaining the safety and reliability of electrical utility infrastructure in the West and across the country," said Dickerson Wright, PE, Chairman and CEO of NV5. "NV5 utilizes the latest technologies and proprietary analytical tools to deliver actionable information to our utility clients and drive strong organic growth for our geospatial solutions."
ECOR

Hot Stocks

08:17 EST electroCore expands intellectual patent portfolio for nerve stimulation tech - electroCore announced the United States Patent and Trademark Office has issued a patent related to a system for stimulating a nerve target in the head or neck of a patient for treatment of various disorders, such as primary headache. U.S. Patent No. 11,839,764 entitled "Systems and Methods for Treating a Medical Condition with an Electrical Stimulation Treatment Regimen" was issued on December 12, 2023, and is generally related to a system including a downloadable software program on, for example, a mobile device, that is configured to control a parameter of the electrical impulses delivered by a stimulator for targeting nerves in the head or neck of a patient to treat various disorders such as primary headache, among others.
SPEC

Hot Stocks

08:16 EST Spectaire Holdings announces manufacturing financing agreement - Spectaire Holdings announced further details of its balance sheet-light business model in form of manufacturing financing agreements with Viva Capital Funding. The agreement with Viva allows Spectaire to dramatically lower the working capital needs in the production of AireCore units to reach this market. The Company believes this capital-efficient financing structure, together with the outsourcing of manufacturing of AireCore units to Columbia Tech, a subsidiary of Coghlin Companies, creates an asset-light production model that will enable Spectaire to achieve positive free cash flow in a shorter time frame.
AEON

Hot Stocks

08:15 EST Aeon Biopharma completes enrollment in Phase 2 study of ABP-450 - AEON Biopharma announced completion of enrollment with the last patient first visit in the Phase 2 study of ABP-450 for the preventive treatment of chronic migraine. The Company expects to announce topline data in the third quarter of 2024. "We are excited to continue to successfully execute our clinical strategy with the completion of enrollment in the Phase 2 study of ABP-450 for chronic migraine. With the last patient enrolled in the study, we are narrowing our guidance for topline data from the study to the third quarter of 2024, which we had previously targeted for the second half of 2024," commented Marc Forth, AEON's President and Chief Executive Officer. For the primary efficacy endpoint, the Company now plans to evaluate the change in mean monthly migraine days, or MMD, across the entire second injection cycle relative to the four-week baseline period, as compared to placebo. This change to the evaluation period, which will also flow through to the secondary endpoints, is based on prior discussions with the U.S. Food and Drug Administration and the observed effect from the Phase 2 episodic migraine cohort. The study's other endpoints remain essentially unchanged.
JAQC FLHLF

Hot Stocks

08:15 EST Jupiter Acquisition announces intent to reconvene, adjourn Special Meeting - Jupiter Acquisition Corporation intends to reconvene and then adjourn, without conducting any business, the special meeting of stockholders of Jupiter scheduled to reconvene on Tuesday, December 12, 2023, at 12:00 p.m. Eastern Time, until Monday, December 18, 2023, at 12:00 p.m. Eastern Time, as a completely virtual meeting conducted via live webcast. At the Business Combination Special Meeting, once further reconvened, stockholders of Jupiter will be asked to vote on the proposals described in the definitive proxy statement/prospectus filed by Jupiter with the U.S. Securities and Exchange Commission on November 13, 2023, relating to the proposed business combination between Jupiter and Filament Health Corp., a corporation organized under the laws of British Columbia.
LSTA

Hot Stocks

08:14 EST Lisata Therapeutics announces completion of enrollment in Phase 2b ASCEND trial - Lisata Therapeutics announced that a critical milestone has been achieved with the completion of enrollment in the Phase 2b ASCEND study of its novel agent, LSTA1, for the treatment of metastatic pancreatic ductal adenocarcinoma. Lisata expects top-line data from the 95 patients assigned to Cohort A of the study to be reported in the fourth quarter of 2024 and the complete data set of all 155 patients from the study by mid-2025. "The completion of enrollment in ASCEND is a vital step in the development of LSTA1; exceeding the original enrollment completion expectations and, as a result, accelerating the expected timeline for seminal data by nearly 12 months," stated David J. Mazzo, PhD, President and Chief Executive Officer of Lisata. "This speaks to the tremendous effort on the part of AGITG and CTC as well as the unmet need of patients with mPDAC. We believe LSTA1 has the potential to transform the treatment landscape for this and many other devastating solid tumor cancers. We look forward to reporting Cohort A top-line results from this study in the fourth quarter of next year, which, if positive, will be used to explore accelerated approval applications with regulatory bodies around the world."
JETMF EVEX

Hot Stocks

08:13 EST UrbanX Air, Eve Air Mobility collaborate for electric air commuter flights - UrbanX Air and Eve Air Mobility (EVEX) have announced plans to bring Urban Air Mobility to Miami by launching electric commuter flights throughout the South Florida area beginning in 2026. This announcement marks a pivotal initial phase in making electric air commuting a reality for South Florida residents with both UrbanX and Eve collaborating closely with local and state officials along with infrastructure, energy and technology providers to establish the necessary framework for launching electric vertical takeoff and landing aircraft flights. The flights will help commuters navigate short distances, avoiding traffic congestion and improving travel times, while providing a safer, faster and more sustainable mode of transportation. In 2022, GlobalX signed a letter of intent to purchase 200 eVTOLs from Eve, a leader in global eVTOL development. With delivery of its first 10 eVTOLs expected in 2026, UrbanX is poised to be the first to bring innovative aircraft technology to South Florida, revolutionizing urban transportation in the region.
WKSP

Hot Stocks

08:13 EST Worksport's Terravis Energy begins testing prototype residential heat pump - Worksport announces that its subsidiary, Terravis Energy, has refined and completed a working prototype of its Cold Climate, Air Source Residential Heat Pump intended for use in the residential home heating and cooling market, and has begun a testing program in a state-of-the-art climate chamber at Worksport's Toronto facility. The company's testing chamber conducts extensive cold weather trials during product development. These tests include checking 4 refrigerant pressure zones, airflow, and the energy consumption of each component. The aim is to optimize the heat pump's efficiency and performance at various temperatures. Additionally, the heat pump's operation is assessed at multiple set temperatures within this range. Plans are in place to expand the testing to include its cooling capabilities at higher temperatures. "We are engaged in this rigorous and severe testing protocol because Terravis's mission is to offer a zero-emission residential Heat Pump that sets new standards in cold-weather performance," commented Terravis Energy's CEO, Lorenzo Rossi. Rossi continued, "Many heat pumps on the market are inadequate in pushing enough hot air into homes at temperatures under 4degreesF (-20degreesC), resulting in a failure to maintain indoor comfort levels at low temperatures. Our heat pump's goal is to provide heat to homes in as low -31degreesF (-35degreesC), which we believe will make us the most effective heat pump technology in the market."
TRU

Hot Stocks

08:12 EST TransUnion, Rocketer announce data collaboration to maximize quality customers - Rocketer and TransUnion (NYSE: TRU), today announced the launch of Rocketer Powered By TruAudience, a data collaboration designed to supercharge how insurance companies identify high-value prospects and move them through the sales funnel. Rocketer's proprietary technology combined with TransUnion's TruAudience capabilities provide insurance companies with lookalike audience data to drive increased revenue per user and improved return on ad spend. Rocketer Powered By TruAudience recently completed a digital advertising campaign that delivered unprecedented results for a US-based life insurance company. By utilizing TruAudience data on household income, credit scores, and privacy-first identity resolution, Rocketer identified high-quality prospects and served them ads on social media, reaching an audience that was not only more likely to convert, but had greater potential to turn into high-value customers. "The initial campaign from Rocketer Powered By TruAudience has proven what we have known all along - that identity-driven marketing capabilities deliver impactful results," said Ryan Brooks, vice president of insurance marketing at TransUnion. "Our suite of privacy-first identity resolution, data enrichment, audience targeting, and advanced analytics solutions can be utilized to meet client goals for performance or brand marketing. We're looking forward to continuing this collaboration with Rocketer and helping insurance companies drive maximum value from their ad spend."
ADV

Hot Stocks

08:11 EST Advantage Solutions to streamline, restructure international businesses - Advantage Solutions announced a plan to streamline and restructure its international businesses in an effort to sharpen its focus on core markets and accelerate growth. The changes will reduce back-office complexities and expenses, simplify financial reporting, eliminate losses in certain Asian businesses and enable the company to trade a minority interest in a foreign business for shares of Advantage stock. As part of Advantage's simplification efforts, the company has reduced its stake in Advantage Smollan Limited, a joint venture with the Smollan Group operating in Europe, from a majority stake of under 60% to a minority position of 49.6% in exchange for cash and other considerations. Advantage's resulting stake preserves a substantial interest in the European business and access to its future growth potential. Financially, the move will de-consolidate Advantage Smollan's revenue and international cash holdings while leaving adjusted EBITDA contribution to Advantage largely unchanged. On an annualized basis, the transaction is anticipated to reduce Advantage's reported revenue by approximately $400 million and improve its adjusted EBITDA margin by approximately 100 basis points. In addition, Advantage expects to benefit from an operational perspective via a reduction in back-office activities such as accounting and systems management. Additional changes to Advantage's international business include: Advantage has swapped a minority interest in a small foreign asset for approximately 2 million Advantage shares from a legacy lower-middle-market investor involved in the historical sponsor consortium that acquired Advantage Solutions in 2014. This transaction reflects the company's confidence in Advantage stock and what it views as a fundamental disconnect to inherent value in the public markets. The small foreign asset did not meaningfully contribute to Advantage's revenue or EBITDA. The company also discontinued two Daymon business units in China that were not profitable, opting to focus its resources on its growing experiential and in-store marketing business in the country. Advantage continues to view Asia as a key growth market, and the company expects the streamlining effort to enable it to serve the market in a more focused and profitable way. Advantage will continue to realize growth from international markets via its ongoing large minority stake in Advantage Smollan, its direct minority stake in the Smollan Group and through its wholly owned operating businesses, which include its private-brand and experiential services business units that operate in more than a dozen countries. Advantage also continues to directly operate a large business in Canada.
CRL

Hot Stocks

08:09 EST Charles River expands 3D in vitro services in agreement with CELLphenomics - Charles River announced that it has entered into an agreement with CELLphenomics. This enhanced offering will provide Charles River clients with access to CELLphenomics' proprietary 3D tumor model platform, PD3D, expanding Charles River's 3D in vitro testing services to further optimize oncological approaches for its clients. CELLphenomics' core competency is the establishment and cultivation of complex patient-derived 3D cell culture models (PD3D) from various solid tumor tissues. These highly reliable, well-annotated and predictive preclinical PD3D models robustly recapitulate the biological properties of the donor tissue, including key histopathological features and genomic makeup. They are a powerful tool for disease modeling, biomarker and drug discovery. CELLphenomics' continuously growing biobank comprises more than 500 complex in vitro models from more than 20 tumor entities, and offers the world's largest collection of complex in vitro models of rare and ultra-rare tumors like sarcomas or thymomas. CELLphenomics has developed a custom mid-throughput screening platform that blends complex cell culture models with advanced automation and a streamlined analysis pipeline. The proprietary, precision medicine PD3D platform offers mid-throughput efficacy testing, drug combination screening, toxicity profiling, target validation, drug sensitivity correlation with clinical response, and biomarker identification. The agreement will also provide CELLphenomics access to Charles River's genomically annotated and in vivo characterized cancer model database to develop PD3D models. The database is comprised of more than 700 tumor models, including PDX, cell lines and cell line-derived xenografts. These models have been profiled for histological features, molecular data, and sensitivity to standard-of-care compounds, allowing a precise selection of suitable tumor models for preclinical anti-cancer agent testing. The biological advantages of PDX include the retention of histological and genetic characteristics of the donor tumor and the preservation of cell-autonomous heterogeneity. The merge of both biobanks will significantly increase the translational relevance of the in vitro and in vivo platforms offered by CELLphenomics and Charles River.
ONTX

Hot Stocks

08:09 EST Onconova announces preclinical data on narazaciclin in BTKi-resistant MCL - Onconova Therapeutics announced preclinical data, highlighting narazaciclib's preclinical activity in Bruton's kinase inhibitor-resistant mantle cell lymphoma, in a poster presented on December 11, 2023 at the 65th Annual Meeting of the American Society for Hematology in San Diego. Poster Highlights: Title: Narazaciclib, a differentiated CDK4/6 antagonist, prolongs cell cycle arrest and metabolomic reprogramming, enabling restoration of ibrutinib sensitivity in BTKi-resistant mantle cell lymphoma: Objectives: To evaluate the activity and mechanism of action of narazaciclib as a single agent and in combination with ibrutinib, in comparison to the standard-of-care ibrutinib, in preclinical models of MCL that are sensitive and resistant to ibrutinib treatment. Snapshot of the Results and Conclusions: Tumor Growth Inhibition: Narazaciclib showed safety and efficacy as a single agent in preclinical MCL models, including ibrutinib-resistant settings, with significant reductions in cell viability. Combination Synergy: The narazaciclib plus ibrutinib combination showed synergy in vitro and in vivo, especially in ibrutinib-resistant models, with overall greater synergy, measured by lower "Combination Index" values, versus ibrutinib-sensitive cells. Cell Cycle Blockade: The combination of narazaciclib plus ibrutinib induces a superior G1 cell cycle blockade in both ibrutinib-sensitive and ibrutinib-resistant MCL cells. Metabolic programming: In ibrutinib-resistant cases, the synergy between narazaciclib and ibrutinib triggers metabolic reprogramming alongside DNA damage, mediated by the USP24 and P53 axis, as evidenced by several assays to assess mitochondrial metabolism. Together, these preclinical data suggest that narazaciclib has important single agent activity and the potential to restore ibrutinib sensitivity in BTKi-resistant models, successfully meeting the primary objective of the study.
UBX

Hot Stocks

08:08 EST Unity Biotechnology doses first patients in Phase 2 ASPIRE study of UBX1325 - UNITY Biotechnology, announced that the first patients have been dosed in the Phase 2 ASPIRE study of UBX1325, a Bcl-xL inhibitor being evaluated head-to-head against standard of care anti-VEGF in patients with diabetic macular edema. "Many patients with DME have poor vision despite frequent anti-VEGF injections and there is an urgent need to develop new treatment options for such patients," said Anirvan Ghosh, Ph.D., chief executive officer of UNITY. "There has been great interest from the physician community in the therapeutic potential of UBX1325, which is based on a novel senolytic mechanism of action, and we are excited to have dosed our first patients in the ASPIRE study. We look forward to sharing initial results from the study in the fourth quarter of 2024."
ACLS

Hot Stocks

08:08 EST Axcelis announces multiple shipments of Purion SiC Power Series implanters - Axcelis Technologies announced shipment of multiple Purion H SiC Power Series and the Purion M SiC Power Series ion implanter systems to power device chipmakers in Europe and Asia, and the closure of an Purion H200 SiC Power Series evaluation tool in Europe. Shipments include both evaluation and revenue systems and will be used in high volume production of power devices supporting automotive industry electric vehicle - EV - applications.
BNGO

Hot Stocks

08:07 EST Bionano announces publication of analytical validation of OGM-Dx HemeOne - Bionano Laboratories announced the publication of a study covering the analytical validation of its laboratory developed test, marketed as OGM-Dx HemeOne. This LDT is based on optical genome mapping analysis of blood or bone marrow samples to detect structural variants of diagnostic and prognostic utility in individuals with a new or an existing diagnosis of a hematological malignancy. In the study, researchers collaboratively defined a workflow for the analysis of hematological malignancies using OGM, and established protocols for analysis and interpretation using guidelines-based targeted variant assessment, in addition to a whole-genome analysis. The OGM-Dx HemeOne LDT was then validated at one site for concordance, sensitivity, specificity, lower limit of detection, increased diagnostic yield, and assay robustness, using samples from 60 cases with hematological malignancies, 2 cancer cell lines, and 18 controls, generating a total of 215 datasets. Subsequently, the OGM workflow was applied at the other three sites, showing high levels of reproducibility across the sites. Key findings of the analytical validation of the LDT: The OGM-Dx HemeOne LDT demonstrated 100% concordance with traditional methods in the detection of SVs and 100% concordance in the detection of more complicated aberrations, such as translocations and inversions, at or above a 5% variant allele fraction threshold; The OGM-Dx HemeOne LDT was 100% specific and 100% sensitive for the detection of the set of Tier 1 and Tier 2 variants, as defined by World Health Organization and National Comprehensive Cancer Network guidelines for comprehensive evaluation of hematologic malignancies; The OGM-Dx HemeOne LDT resolved structures in complex genomes, effectively consolidating the results of three orthogonal technologies; In 28% of cases, OGM identified additional pathogenic variants not previously reported by traditional methods.
MCOM

Hot Stocks

08:07 EST Micromobility.com appoints Gian Luca Spriano as CFO - Micromobility.com announced the confirmation of Gian Luca Spriano as its CFO. This announcement follows closely on the heels of a significant financial achievement where the company successfully reduced its debt burden, enhancing its financial stability and setting a firm course for future profitability. Gian Luca Spriano, who previously served as the interim CFO and has been with the company since 2018, has been instrumental in the recent restructuring of the company's debt.
EKSO

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08:07 EST Ekso Bionics receives CMS coding approval for Ekso Indego Personal - Ekso Bionics Holdings announced that the Pricing, Data Analysis, and Coding contractor for the Centers for Medicare & Medicaid Services has completed its review of the Ekso Indego Personal and approved use of Healthcare Common Procedure Coding System Code K1007 to bill Medicare for such device. CMS has proposed a payment level of $94,617 for devices fitting within this code and their final payment determination is expected to be announced in February 2024 and take effect on April 1, 2024.
CURLF

Hot Stocks

08:06 EST Curaleaf commences sales of wholesale adult use products in State of New York - Curaleaf has commenced sales of wholesale adult use products across the state of New York as a result of receiving approval from the New York State Office of Cannabis Management on December 8. As of December 12, Curaleaf will offer five premium vape, edible and flower offerings from its Select and Grassroots brand portfolios. The company's wholesale partners include MJ Dispensary, a CAURD licensee which will include Curaleaf products as a part of its Grand Opening event December 12 in Rochester, NY. Future products will be produced using local New York-grown flower, including distillate from New York based hemp farm Open Mind Organics, an adult use cultivator and processor for cannabis in New York. Curaleaf will enact its company-wide workforce and educational initiatives, including a commitment to employing at least 10% of all new New York hires from populations touched by low-level cannabis-related offenses and hosting retail activations focused on social justice and equity.
BPMC

Hot Stocks

08:06 EST Blueprint Medicines announces European Commission approval of AYVAKYT - Blueprint Medicines announced the European Commission has approved AYVAKYT for thetreatment of adult patients with indolent systemic mastocytosis with moderate to severe symptoms inadequately controlled on symptomatic treatment. AYVAKYTis the first and only approved therapy for people living with ISM in Europe.
IMRX

Hot Stocks

08:05 EST Immuneering announces FDA clearance of IND application for trial of IMM-6-415 - Immuneering announced that the U.S. Food and Drug Administration, FDA, has cleared its Investigational New Drug, IND, application for IMM-6-415, paving the way for the company to initiate a Phase 1/2a clinical trial of this oral, twice-daily small molecule, in development for the treatment of advanced RAF or RAS mutant solid tumors. "The clearance of the IND application for IMM-6-415 is another important milestone in our efforts to create safer, more durable, and more effective treatment options for large groups of cancer patients," said Ben Zeskind, Chief Executive Officer, Immuneering Corporation. "Our novel deep cyclic inhibition mechanism is designed to deprive malignant cells of the continuous high level of MAPK signaling they need to survive, while providing healthy cells with the access they need to the MAPK pathway. We believe IMM-1-104 is breaking new ground as the first deep cyclic inhibitor in the clinic, with a trial open to solid tumor patients with ANY mutation in KRAS, NRAS, or HRAS who meet the enrollment criteria. We are proud that the IMM-6-415 clinical trial will be open to an even broader group of solid tumor patients with ANY mutation in RAF, KRAS, NRAS, or HRAS who meet the enrollment criteria. We look forward to dosing the first patient in the Phase 1/2a clinical study of IMM-6-415, which is expected in early 2024."
GENE

Hot Stocks

08:05 EST Genetic Technologies announces 1-for-100 share consolidation - Genetic Technologies announced its plans to effect: a share consolidation of its ordinary shares of one for one hundred existing Shares and a change of ratio in the Company's American Depositary Share program, comprising a change in the ratio of American Depositary Shares to Shares from one ADS representing six hundred Shares, to one ADS representing thirty Shares. The effective date of the Local Consolidation and Ratio Change is expected to be December 14, 2023. The Shares will continue to be traded on the ASX, under the symbol "GTGDA", from 14 December to 22 December 2023, before reverting to the symbol "GTG" from 27 December 2023. The ADSs will continue to be traded on The Nasdaq Stock Exchange under the symbol "GENE". On the Effective Date, ADS holders will be required on a mandatory basis to surrender their old ADSs to BNY Mellon for cancellation and exchange at a rate of one 'new' ADSs for every five 'old' ADSs surrendered. Holders of ADSs in the Direct Registration System or in brokerage accounts will have their ADSs automatically exchanged and need not take any action. No fraction of an ADS will be issued. BNY Mellon will attempt to sell any fractions and distribute the cash proceeds to holders. A cancellation fee of $0.022200 per Old ADS surrendered will be charged.
SCWX S

Hot Stocks

08:05 EST Secureworks, SentinelOne announce joint go-to-market program - Secureworks (SCWX) announced a joint go-to-market program with SentinelOne (S) designed to accelerate organizational cyber resilience. The new channel program brings together Secureworks Taegis Managed XDR and SentinelOne Singularity Complete, two fully integrated, industry-leading cybersecurity solutions to simplify risk management and reduce time to value by utilizing cyber expertise, threat intelligence and technology.
CADL

Hot Stocks

08:05 EST Candel Therapeutics receives FDA fast track designation for CAN-2409 - Candel Therapeutics announced that the U.S. Food and Drug Administration, FDA, granted Fast Track Designation for its lead investigational adenovirus asset CAN-2409 plus prodrug for the treatment of patients with pancreatic ductal adenocarcinoma (PDAC) to improve overall survival. "We are pleased with the FDA's decision to grant Fast Track Designation for CAN-2409 in pancreatic cancer," said Paul Peter Tak, MD, PhD, FMedSci, President and CEO of Candel. "This milestone follows our first interim data report from the randomized phase 2 clinical trial in patients with borderline resectable PDAC that showed prolonged and sustained survival after experimental treatment with CAN-2409, especially when compared to real-world data on patients receiving radiotherapy treatment. Candel remains on track to release updated overall survival data from the interim analysis of this clinical trial in the second quarter of 2024. We are grateful to the patients, caregivers, investigators and clinical sites that have taken part in this clinical trial."
BWMN

Hot Stocks

08:05 EST Bowman Consulting acquires Hess-Rountree, terms undisclosed - Bowman Consulting announced the acquisition of Hess-Rountree, a full-service engineering firm headquartered in Phoenix, Arizona. With an emphasis on renewable energy, educational and sports facilities projects, Hess-Rountree provides civil engineering, land surveying, contract administration, 3D laser scanning, UAV aerial mapping and photography and as-built BIM modelling services to a range of clients. All Hess-Rountree employees have joined Bowman in connection with the acquisition. During its more than fifty years in business, Hess-Rountree has worked with over 70 school districts throughout Arizona. The firm has successfully completed over 800 educational facility projects for new and existing elementary, middle school, high school and higher-education campuses. Additionally, the company has growing practices in the design of athletic fields and courts and renewable energy projects. Led by current president Doug Osborn, the firm has expanded to serve a diverse range of public and private sector, institutional and tribal clients throughout Arizona. Financed with a combination of cash, seller notes and equity, the acquisition falls within previously discussed target multiples 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.
CRIS

Hot Stocks

08:04 EST Curis' licensed emavusertib shows efficacy in lymphoma trial - Curis announced initial combination study data from its TakeAim Lymphoma trial including 5 primary CNS lymphoma - PCNSL - patients. As of October 12th, the TakeAim Lymphoma trial has enrolled and treated 19 Non-Hodgkin Lymphoma - NHL - patients, with a combination of emavusertib and ibrutinib; with emavusertib doses ranging from 100 mg to 300 mg BID. The initial data reveal "encouraging" efficacy, demonstrating multiple objective responses in both BTK-naive and BTK-experienced patients. 3 out of 5 evaluable PCNSL patients achieved a Complete Response, with durability ranging from 0.3 - 8.9 months. Consistent with previous findings, the emavusertib/ibrutinib combination demonstrates a manageable and acceptable safety profile, with no observed dose-limiting toxicities in the 200 mg cohort and 2 reversible DLTs in the 300 mg cohort. Curis, through its 2015 collaboration with Aurigene, has the exclusive license to emavusertib.
CATX

Hot Stocks

08:03 EST Perspective Therapeutics divests brachytherapy business to GT Medical - Perspective Therapeutics agreed to fully divest its brachytherapy business, including its radioactive Cesium-131 seed assets and related business infrastructure, to GT Medical Technologies. The transaction is expected to close in the first quarter of 2024 and is subject to customary closing conditions. Under the terms of the transaction, Isoray Medical, a wholly-owned subsidiary of the Company, agreed to sell, and GT Medical agreed to purchase, the Company's commercial Cesium-131 brachytherapy division and certain related assets including inventory and intellectual property. The assets to be sold consist primarily of customer and supplier lists, production line equipment, intellectual property associated with the brachytherapy division, computer equipment and software used in the brachytherapy division, and the assignment of the brachytherapy manufacturing facility lease in Richland, WA, along with the assignment of other vendor contracts. The Company will retain most liabilities that exist as of the closing date including environmental, warranty, taxes, accrued payroll and vacation, and accounts payable. The Company will retain all the accounts receivable as of the date of closing. As consideration for the transaction, Perspective will receive an equity interest in GT Medical and will have the right to receive certain cash royalties on net sales of Cesium-131 seeds and GT Medical's GammaTile therapy utilizing Cesium-131 over the four-year period following the closing of the transaction. The sale strengthens Perspective Therapeutics' position in the lead Pb-based targeted alpha-particle therapeutic space with all Company resources now dedicated to early discovery, and clinical development of the Company's melanoma and neuroendocrine tumor clinical programs. GT Medical has been a long-time customer of Perspective Therapeutics as their patented innovation of the GammaTile product contains Cesium-131 radioactive seeds. This Surgically Targeted Radiation Therapy starts radiation immediately after tumor removal to help eradicate residual tumor cells in patients with brain tumors. The acquisition strengthens its position in the market by ensuring access to and control over radioactive seed production. In addition, it expands GT Medical's customer base to include multiple facilities treating patients with prostate, lung, head & neck, and gynecological tumors.
NTRS

Hot Stocks

08:03 EST Northern Trust appoints Wing Wilson as chief fiduciary officer - Northern Trust has appointed Wing Wilson as chief fiduciary officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations. In this role, Wilson, who will be based in New York City, will have fiduciary oversight across Northern Trust's East region, spanning from Florida to the New England states. She will lead the strategic direction and execution of these services while accelerating growth.
HUMA

Hot Stocks

08:03 EST Humacyte submits BLA to U.S. FDA seeking approval of HAV - Humacyte announced that it has submitted a Biologics License Application, BLA, to U.S. Food and Drug Administration, FDA, seeking approval of the Human Acellular Vessel, HAV, in urgent arterial repair following extremity vascular trauma when synthetic graft is not indicated, and when autologous vein use is not feasible. The BLA submission is supported by positive results from the V005 Phase 2/3 clinical trial as well as from the treatment of wartime injuries in Ukraine. The HAV was observed to have higher rates of patency, and lower rates of amputation and infection, as compared to historic synthetic graft benchmarks. "Submitting the BLA to the FDA is a pivotal milestone in achieving our goal of providing regenerative human tissues to injured patients, at commercial scale," said Laura Niklason, MD, PhD, Chief Executive Officer of Humacyte. "I want to thank the patients and medical professionals who participated in our clinical studies, and our Humacyte, team for their tremendous effort and dedication in completing the BLA submission for this first-in-class product candidate."
INTS

Hot Stocks

08:02 EST Intensity Therapeutics names Joseph Talamo as CFO - Intensity Therapeutics announced the appointment of Joseph Talamo as CFO. Talamo will be working at Intensity headquarters as a full time employee. An accomplished executive with more than 25 years of leadership experience in the biotechnology space, Talamo most recently served as Senior Vice President and CFO of HiberCell. John Wesolowski will remain as the company's Principal Accounting Officer and Controller.
VIRX

Hot Stocks

08:02 EST Viracta Therapeutics announces ODD granted by U.S. FDA to nana-val - Viracta Therapeutics announced that the U.S. Food and Drug Administration has granted an orphan drug designation, ODD, to Nana-val, the company's all-oral investigational therapy targeting Epstein-Barr virus-associated cancers, for the treatment of nasopharyngeal carcinoma. "This orphan drug designation highlights the urgent need for new targeted treatment options for patients with rare diseases such as nasopharyngeal carcinoma, which is highly associated with EBV," said Mark Rothera, President and Chief Executive Officer of Viracta. "We are encouraged by the interim data from the Phase 1b/2 study of Nana-val in patients with recurrent or metastatic EBV-positive nasopharyngeal carcinoma, supporting the continued advancement of the study with a new split daily dosing regimen at higher doses. With sites open and enrolling the sixth dose cohort of the study, we are on track to expand into the Phase 2 portion in 2024. The growing clinical data in both the lymphoma and solid tumor settings, further validates the therapeutic potential of Nana-val to treat EBV-positive cancers, an underserved area of high unmet medical need."
PPG

Hot Stocks

08:02 EST PPG opens $17M aerospace application support center in France - PPG announced the opening of a $17M aerospace application support center, or ASC, in Toulouse, France. The facility provides filling and packaging capabilities for aerospace materials, including coatings and sealants for a wide range of aircraft, as well as technical support and a laboratory. The strategic location of ASC Toulouse enables the company to provide faster product deliveries to aerospace customers in southern Europe and North Africa.
VSTO

Hot Stocks

07:58 EST Vista Outdoor, Czechoslovak Group receive antitrust clearance for merger - Vista Outdoor and Czechoslovak Group announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with CSG's proposed acquisition of Vista Outdoor's Sporting Products business. The transaction, which is expected to close in calendar year 2024, remains subject to receipt of the remaining required regulatory approvals, the approval of the company's stockholders and other customary closing conditions.
PTGX

Hot Stocks

07:49 EST Protagonist Therapeutics reports two-year follow up data from REVIVE study - Protagonist Therapeutics announced details from five abstracts at the American Society of Hematology 2023 Annual Meeting, including an oral presentation with two-year follow up data from the Phase 2 REVIVE study with rusfertide, a mimetic of the natural hormone hepcidin with potential therapeutic value in the treatment of polycythemia vera and other disease indications. Ellen K. Ritchie, M.D., Associate Professor of Clinical Medicine at Weill Cornell Medical College presented long-term follow up data from patients in REVIVE who continued into the open label extension. The Phase 2 trial consisted of 3 parts including 70 patients in the dose-finding Part 1, 59 patients in the placebo-controlled, randomized withdrawal Part 2, and 58 patients in the OLE. At the end of Part 2, 69% of rusfertide patients achieved hematocrit control and remained phlebotomy free at 12 weeks, compared to only 19% on placebo. Among the 58 patients that continued into the OLE, as of October 17, 2023, 57 had been treated for over one year and 37 had been treated for over two years. The median follow-up was 2.1 years and data were provided out to 2.5 years in 21 patients. Results showed that rusfertide when added to therapeutic phlebotomy with or without cytoreductive therapy through 2 years resulted in: long-term durable control of hematocrit well below the 45% threshold, decreased red blood cell counts and decreased phlebotomy use; improved and normalized serum ferritin levels; and no new safety signals, with the majority of adverse events being grade 1-2 injection site reactions that decreased in frequency over time, or adverse events consistent with comorbidities anticipated in the PV population Cancers are common in PV patients and in REVIVE, 19 of 70 patients had a history of cancer prior to enrolling in the study. Among these patients, 10 had a history of skin cancer. As of October 17, 2023, there have been 8 patients diagnosed with cancer while on study and 7 with skin cancer. A separate poster presented at ASH by Dr. Naveen Pemmaraju, of MD Anderson Cancer Center titled "Prevalence of Second Cancers in Patients with Polycythemia Vera: A Retrospective Analysis of US Real-World Claims Data," utilized data for 2007-2019 from a large US electronic health records database to examine the overall frequency of secondary cancers in patients with a primary PV diagnosis and compared those who were treated with hydroxyurea versus phlebotomy. None of these patients had received rusfertide. Among the 20,089 PV patients that qualified for this retrospective study: 35.7% of patients reported at least one secondary cancer; 9.1% of patients reported any form of skin cancer; 8.3% of patients reported non-melanoma skin cancer. The mechanisms contributing to the increased risk of cancers in PV patients are not well understood. However, the subset of PV patients treated with HU in this study of real-world claims data had nearly twice the rate of cancers compared to phlebotomy-only treated patients. In an oral presentation, Dr. Andrew T. Kuykendall, of Moffitt Cancer Center in Tampa, FL discussed a real-world retrospective analysis indicating that PV patients experience high rates of arterial and venous TEs. High-risk patients showed a higher risk of death than lower risk PV patients. The study included over 20,000 PV patients in the US via the Optum MarketClarity Database. TE incidence was highest among event-based high-risk patients, followed by age-based high-risk and low-risk patients.
PTIX

Hot Stocks

07:43 EST Protagonist Therapeutics reports two-year follow up data from REVIVE study - Protagonist Therapeutics announced details from five abstracts at the American Society of Hematology 2023 Annual Meeting, including an oral presentation with two-year follow up data from the Phase 2 REVIVE study with rusfertide, a mimetic of the natural hormone hepcidin with potential therapeutic value in the treatment of polycythemia vera and other disease indications. Ellen K. Ritchie, M.D., Associate Professor of Clinical Medicine at Weill Cornell Medical College presented long-term follow up data from patients in REVIVE who continued into the open label extension. The Phase 2 trial consisted of 3 parts including 70 patients in the dose-finding Part 1, 59 patients in the placebo-controlled, randomized withdrawal Part 2, and 58 patients in the OLE. At the end of Part 2, 69% of rusfertide patients achieved hematocrit control and remained phlebotomy free at 12 weeks, compared to only 19% on placebo. Among the 58 patients that continued into the OLE, as of October 17, 2023, 57 had been treated for over one year and 37 had been treated for over two years. The median follow-up was 2.1 years and data were provided out to 2.5 years in 21 patients. Results showed that rusfertide when added to therapeutic phlebotomy with or without cytoreductive therapy through 2 years resulted in: long-term durable control of hematocrit well below the 45% threshold, decreased red blood cell counts and decreased phlebotomy use; improved and normalized serum ferritin levels; and no new safety signals, with the majority of adverse events being grade 1-2 injection site reactions that decreased in frequency over time, or adverse events consistent with comorbidities anticipated in the PV population Cancers are common in PV patients and in REVIVE, 19 of 70 patients had a history of cancer prior to enrolling in the study. Among these patients, 10 had a history of skin cancer. As of October 17, 2023, there have been 8 patients diagnosed with cancer while on study and 7 with skin cancer. A separate poster presented at ASH by Dr. Naveen Pemmaraju, of MD Anderson Cancer Center titled "Prevalence of Second Cancers in Patients with Polycythemia Vera: A Retrospective Analysis of US Real-World Claims Data," utilized data for 2007-2019 from a large US electronic health records database to examine the overall frequency of secondary cancers in patients with a primary PV diagnosis and compared those who were treated with hydroxyurea versus phlebotomy. None of these patients had received rusfertide. Among the 20,089 PV patients that qualified for this retrospective study: 35.7% of patients reported at least one secondary cancer; 9.1% of patients reported any form of skin cancer; 8.3% of patients reported non-melanoma skin cancer. The mechanisms contributing to the increased risk of cancers in PV patients are not well understood. However, the subset of PV patients treated with HU in this study of real-world claims data had nearly twice the rate of cancers compared to phlebotomy-only treated patients. In an oral presentation, Dr. Andrew T. Kuykendall, of Moffitt Cancer Center in Tampa, FL discussed a real-world retrospective analysis indicating that PV patients experience high rates of arterial and venous TEs. High-risk patients showed a higher risk of death than lower risk PV patients. The study included over 20,000 PV patients in the US via the Optum MarketClarity Database. TE incidence was highest among event-based high-risk patients, followed by age-based high-risk and low-risk patients.
PTIX

Hot Stocks

07:40 EST Protagenic Therapeutics reports two-year follow up data from REVIVE study - Protagonist Therapeutics announced details from five abstracts at the American Society of Hematology 2023 Annual Meeting, including an oral presentation with two-year follow up data from the Phase 2 REVIVE study with rusfertide, a mimetic of the natural hormone hepcidin with potential therapeutic value in the treatment of polycythemia vera and other disease indications. Ellen K. Ritchie, M.D., Associate Professor of Clinical Medicine at Weill Cornell Medical College presented long-term follow up data from patients in REVIVE who continued into the open label extension. The Phase 2 trial consisted of 3 parts including 70 patients in the dose-finding Part 1, 59 patients in the placebo-controlled, randomized withdrawal Part 2, and 58 patients in the OLE. At the end of Part 2, 69% of rusfertide patients achieved hematocrit control and remained phlebotomy free at 12 weeks, compared to only 19% on placebo. Among the 58 patients that continued into the OLE, as of October 17, 2023, 57 had been treated for over one year and 37 had been treated for over two years. The median follow-up was 2.1 years and data were provided out to 2.5 years in 21 patients. Results showed that rusfertide when added to therapeutic phlebotomy with or without cytoreductive therapy through 2 years resulted in: long-term durable control of hematocrit well below the 45% threshold, decreased red blood cell counts and decreased phlebotomy use; improved and normalized serum ferritin levels; and no new safety signals, with the majority of adverse events being grade 1-2 injection site reactions that decreased in frequency over time, or adverse events consistent with comorbidities anticipated in the PV population Cancers are common in PV patients and in REVIVE, 19 of 70 patients had a history of cancer prior to enrolling in the study. Among these patients, 10 had a history of skin cancer. As of October 17, 2023, there have been 8 patients diagnosed with cancer while on study and 7 with skin cancer. A separate poster presented at ASH by Dr. Naveen Pemmaraju, of MD Anderson Cancer Center titled "Prevalence of Second Cancers in Patients with Polycythemia Vera: A Retrospective Analysis of US Real-World Claims Data," utilized data for 2007-2019 from a large US electronic health records database to examine the overall frequency of secondary cancers in patients with a primary PV diagnosis and compared those who were treated with hydroxyurea versus phlebotomy. None of these patients had received rusfertide. Among the 20,089 PV patients that qualified for this retrospective study: 35.7% of patients reported at least one secondary cancer; 9.1% of patients reported any form of skin cancer; 8.3% of patients reported non-melanoma skin cancer. The mechanisms contributing to the increased risk of cancers in PV patients are not well understood. However, the subset of PV patients treated with HU in this study of real-world claims data had nearly twice the rate of cancers compared to phlebotomy-only treated patients. In an oral presentation, Dr. Andrew T. Kuykendall, of Moffitt Cancer Center in Tampa, FL discussed a real-world retrospective analysis indicating that PV patients experience high rates of arterial and venous TEs. High-risk patients showed a higher risk of death than lower risk PV patients. The study included over 20,000 PV patients in the US via the Optum MarketClarity Database. TE incidence was highest among event-based high-risk patients, followed by age-based high-risk and low-risk patients.
BABYF

Hot Stocks

07:37 EST Else Nutrition announce RTD Kids' Shakes expected on shelves of chain in Canada - Else Nutrition announces that its innovative Ready-To-Drink, RTD, Kids' Nutritional Shakes are expected on the shelves of a leading retail pharmacy chain with locations across Western Canada during the first quarter of 2024. This early and note-worthy listing expands Else's penetration within the Canadian market and demonstrates the brand's growing appeal among consumers. "We are thrilled to once again partner with a powerhouse retail chain that aligns with our vision of providing families with high-quality, nutritious, and sustainable options. This collaboration significantly propels our mission of making plant-based nutrition readily available to a broader Canadian audience," said Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition.
ABL

Hot Stocks

07:35 EST Abacus Life announces $15M stock repurchase program - Abacus Life announced that its Board of Directors has authorized a new stock repurchase program of up to $15 million of the Company's outstanding common stock over a period of up to 18 months. "We are pleased that our Board of Directors has authorized a stock repurchase program, which reflects our Board's continued confidence in our proven business model and wealth of opportunities, as well as the strength of our balance sheet," stated Jay Jackson, Chairman and Chief Executive Officer of Abacus. "We believe our expert team, wealth of data and innovative technology continue to position us well to execute on our strategic growth initiatives, generate sustained profitability, and ultimately create long-term value for our shareholders."
NYAX

Hot Stocks

07:35 EST Nayax rebrands EV Meter to Nayax Energy - Nayax announced that EV Meter, its electric vehicle charging subsidiary, has been rebranded and will now be known as Nayax Energy. This change represents a strategic evolution that aligns with Nayax's commitment to its partners and customers to simplify payments and energy management, and to maximize loyalty for the electric energy industry. Before this change, EV Meter mainly focused on energy and charging station management and hardware, while Nayax was mainly focused on card present payments for charging stations. The Nayax Energy line of business will combine all these offerings under one business and sales will be executed by Nayax sales representatives. "We believe that this change will enable us to better focus on our customers' needs in terms of our product offering and support," says Omer Bubis, General Manager of Nayax Energy. "It's important to note that while our name is changing, our core values and dedication to excellence and the quality of our products and services remain unwavering."
STRM

Hot Stocks

07:34 EST Streamline Health announces expanded agreement with hospital in Pennsylvania - Streamline Health Solutions announced that it has expanded its agreement with a five hospital, Epic-EHR based health system in Pennsylvania. The system will add eValuator's Pro-Fee pre-bill coding analysis technology to improve revenue integrity and financial performance for their professional fee services. With eValuator, providers can optimize financial performance from their inpatient, outpatient, and professional-fee encounters through one platform, without billing delays. "We are pleased to expand our relationship with this health system and to enable them to audit all of their records, prior to billing, across their continuum of care," stated Ben Stilwill, Chief Executive Officer. "This expansion is a testament to the value of eValuator and to the strong relationships our Client Success team is building."
ALIM DMTK

Hot Stocks

07:33 EST Alimera Sciences appoints Todd Wood, president, U.S. operations - Alimera Sciences (ALIM) announced the appointment of Todd Wood as President U.S. effective immediately. Wood most recently served as Chief Commercial Officer at Dermtech International (DMTK). The Company also announced that on December 11, 2023, in connection with Mr. Wood's appointment as President of U.S. Operations, the Compensation Committee of the Board of Directors of the Company approved an inducement option to purchase up to 125,000 shares of common stock to Mr. Wood. The Inducement Option has an exercise price of $3.71 per share, which is equal to the fair market value per share of the Company's common stock on the Nasdaq Global Market on December 11, 2023, will vest over four years, subject to Mr. Wood's continued service with the Company on each applicable vesting date, with 25% of the underlying shares vesting on the one-year anniversary of the vesting commencement date, and 75% of the underlying shares vesting in equal monthly installments over the next thirty-six months. The Inducement Option is an inducement material to Mr. Wood entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
ORA

Hot Stocks

07:33 EST Ormat Technologies secures 15-yaer energy storage service agreement with SDCP - Ormat Technologies announced the signing of a 15-year Energy Storage Service Agreement, ESSA, with San Diego Community Power, SDCP, California's second largest community choice aggregator, for the 20MW/40MWh Pomona 2 Battery Energy Storage System, BESS located in Los Angeles County, California. The Pomona 2 project, operational since July 2023, represents Ormat's commitment to growing its energy storage segment through the delivery of innovative solutions and storage services. Doron Blachar, CEO of Ormat Technologies said, "This long-term tolling agreement further expands Ormat's energy storage portfolio and supports SDCP's commitment to bringing clean, reliable energy to its nearly one million customers. The Pomona 2 project will help to balance our merchant portfolio and support more stable and profitable revenues for the storage segment. We continue to view energy storage as a unique, multi-year growth sector that will play a vital role in global decarbonization as intermittent renewable energy sources continue to be deployed as part of the ongoing energy transition. Ormat is committed to growing its energy storage portfolio and capabilities by utilizing our market position and expertise, and we are proud to expand our presence in California with this second agreement signed with SDCP. We view California as a key target market for renewable energy development, and are proud to be part of the solution in addressing the state's net-zero goals."
AMST

Hot Stocks

07:32 EST Amesite announces five-year partnership with WVNCC - Amesite announces a five-year partnership with West Virginia Northern Community College, WVNCC. Dr. Ann Marie Sastry, CEO of Amesite, commented on the new partnership. "WVNCC's Workforce Development Program is very effectively engaging their community through education. We are delighted to partner with their team to expand their offerings and impact, and reach more of their constituents with flexible, online offerings."
SCNI

Hot Stocks

07:31 EST Scinai Immunotherapeutics' psoriasis candidate shows preclinical efficacy - Scinai Immunotherapeutics announced successful preclinical trial results of its innovative anti-IL-17 VHH antibody as a local treatment for the large and underserved population of mild to moderate plaque psoriasis. The study, conducted by Genoskin, a French biotechnology company, aimed to evaluate the anti-inflammatory effects of Scinai's NanoAbs. Genoskin's proprietary human skin models were induced for expression of plaque psoriasis symptoms to enable ex-vivo examination of the therapeutic effects of drugs targeting underlying mechanisms in the pathogenesis of plaque psoriasis. Genoskin's model has been successfully validated as a reliable ex-vivo system for testing drugs aimed at plaque psoriasis. The statistically significant results demonstrated the potential for Scinai's anti-IL-17 NanoAbs to noticeably improve psoriatic skin lesions as indicated by skin viability and structural integrity. These results were further supported by histopathology results demonstrating improved skin structure following a single dose. Results confirm and build upon previously reported results indicating that Scinai's anti-IL-17 NanoAbs downregulated key molecular markers overexpressed in plaque psoriasis. Scinai next intends to conduct an in-vivo proof of concept animal study in early 2024.
PRZO KULR

Hot Stocks

07:26 EST ParaZero says KULR partnership targets helicopter, drone enhanced safety - ParaZero Technologies (PRZO) previously announced that it is moving towards enhancing safety capabilities in the defense and drone sectors through its strategic partnership with KULR Technology Group (KULR). This partnership aims to leverage ParaZero's defense industry network to apply KULR's advanced vibration reduction technology, "KULR VIBE," across helicopter and rotorcraft fleets. The collaboration will combine ParaZero's SafeAir and SmartAir Trinity solutions with KULR VIBE software in a unified product, designed to significantly enhance drone performance, operational efficiency, and safety standards, thereby setting a new benchmark in the industry.
ELTP

Hot Stocks

07:24 EST Elite Pharmaceuticals announces first shipment of generic Adderall XR to Prasco - Elite Pharmaceuticals announced the first shipment of generic Adderall XR to its distribution and marketing partner Prasco. Prasco is, pursuant to the manufacturing and supply agreement dated April 5, 2023 between the companies, a non-exclusive U.S. distributor of the Products. Prasco will market the Products under Burel Pharmaceutical's label, and Elite will manufacture the Products. Elite's product is co-owned with Mikah Pharma.
ARAAF

Hot Stocks

07:23 EST Aclara Resources announces maiden MRE for clay project at Carina module - Aclara Resources announced the maiden mineral resource estimate for its regolith-hosted ion adsorption clay project located in the State of Goias, Brazil, known as the Carina Module. Highlights: The initial inferred mineral resource for the Project is estimated at 168 Mt with a grade of 1,510 ppm total rare earth oxide and 477 ppm desorbable rare earth oxide. The average net smelter return value of the resource is US$32.3/t when using a cut-off value of US$7.4/t. The deposit contains significant quantities of dysprosium, terbium, neodymium and praseodymium, which are the rare earth elements critical to the production of permanent magnets used in electric vehicles and wind turbines. Recovery of rare earths from the Project is fully compatible with the technology patented and successfully demonstrated on a pilot scale by Aclara in Chile, designed to minimize both cost and environmental footprint. The near-surface location of the deposit results in a very low strip ratio (less than0.4) providing a positive backdrop for a low-cost mining operation. The 168Mt of inferred mineral resources at the Carina Module complements the 27.5 Mt of measured and indicated mineral resources, and 1.7 Mt of inferred mineral resources at Aclara's Penco Module in Chile. Next Steps: Production of samples by processing the Project's ionic clays at Aclara's pilot plant in Chile during December 2023 and January 2024. Completion of a Preliminary Economic Assessment in January 2024. Pursuit of additional resources through the completion of a reverse circulation drilling campaign, which is already underway and scheduled to be completed in Q2 2024. Aclara CEO, Ramon Barua, commented: "The combination of its large size and attractive grades makes the Carina Module an outstanding deposit of ionic clays and significantly increases Aclara's total resource base. The fact that we can apply our patented metallurgical recovery process, which combines competitive costs with superior environmental qualities, provides a promising backdrop for the upcoming Preliminary Economic Assessment. We are excited by the possibility of becoming a significantly larger supplier of magnetic rare earths, especially dysprosium, given how critical these elements are in our planet's fight against climate change."
IAS GOOG

Hot Stocks

07:22 EST Integral Ad Science expands Total Media Quality Product to YouTube Shorts - Integral Ad Science (IAS) announced an expansion of its measurement capabilities on YouTube. IAS will now offer its brand safety and suitability measurement product to advertisers for Google's (GOOG) YouTube Shorts inventory, as part of its existing Total Media Quality for YouTube product suite. IAS will now provide additional, third-party assurance for brands that their video ads running on YouTube Shorts are appearing in brand safe and suitable content with video-level transparency, as defined by the Global Alliance for Responsible Media framework and adjacency standards. As part of its Brand Safety and Suitability measurement, IAS also now offers an analytics dashboard for advertisers on YouTube to analyze brand safety and suitability trends with charts and create a custom suitability profile.
IAS

Hot Stocks

07:21 EST Integral Ad Science expands Total Media Quality Product to YouTube Shorts - Integral Ad Science announced an expansion of its measurement capabilities on YouTube. IAS will now offer its brand safety and suitability measurement product to advertisers for YouTube Shorts inventory, as part of its existing Total Media Quality for YouTube product suite. IAS will now provide additional, third-party assurance for brands that their video ads running on YouTube Shorts are appearing in brand safe and suitable content with video-level transparency, as defined by the Global Alliance for Responsible Media framework and adjacency standards. As part of its Brand Safety and Suitability measurement, IAS also now offers an analytics dashboard for advertisers on YouTube to analyze brand safety and suitability trends with charts and create a custom suitability profile.
FPI

Hot Stocks

07:19 EST Farmland Partners declares 21c per share special cash dividend - Farmland Partners announced that its board of directors has declared a one-time dividend of 21c per share of common stock and Class A Common OP Unit, payable on January 12, 2024 to shareholders of record on December 29.
NSRCF

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07:17 EST NextSource Materials announces feasibility study results for Molo expansion - NextSource Materials announced the results of a Feasibility Study for a mine expansion of its 100%-owned Molo Graphite Mine in southern Madagascar. The FS considers an expansion to the Molo Graphite Mine's current Phase 1 production capacity of 17,000 tonnes per annum through the construction of an additional and standalone processing plant that increases the steady-state production rate to 150,000 tpa of SuperFlake graphite concentrate over a 25-year life of mine. The FS projects a capital cost of $161.7M resulting in a pre-tax NPV using an 8% discount rate of $424.1M and a pre-tax IRR of 31.1%. The FS assumes the additional processing plant will be built adjacent to the current Phase 1 processing plant, presently in the ramp-up stage of production. The expansion will utilize the Company's unique, fully modular build approach used to construct its Phase 1 processing plant, which greatly reduced build time and associated costs in relation to conventional mine construction. Craig Scherba, P.Geo., President, and CEO of NextSource commented: "We are very pleased the FS confirms the strong financial potential of a larger scale operation and significant scalability of our Molo Graphite Mine to meet the robust market demand for flake graphite for use in electric vehicle batteries. This is especially timely given the recent announcement of export restrictions on flake graphite and graphite anode material from China. An expansion of this magnitude will position NextSource as a major global supplier and underpins our vertical integration strategy to offer an ample and secure supply of graphite flake for our planned battery anode facility, enabling direct supply to the electric vehicle battery market." The production capacity of 150,000 tpa was established based on ongoing discussions with automotive manufacturers and battery anode offtake partners, and on the expected demand forecasts for flake graphite that will need to be converted into spheronized and purified graphite and then into coated SPG over the mid-term. CSPG is the final form of natural graphite required by OEMs to manufacture lithium-ion batteries for electric vehicles. Ongoing discussions with numerous OEMs and battery anode offtake partners indicate market demand for CSPG over the long-term is expected to experience significant growth and could support additional expansions of the Molo's mine processing capacity. The Company has not yet made a construction decision in respect to the expansion and will discuss the FS results with its strategic partners to determine the optimal timing and assess the funding options that are available with respect to this potential mine expansion.
LASE TXT

Hot Stocks

07:15 EST Laser Photonics receives order for MarkStar Pro Laser Marking System - Laser Photonics Corporation (LASE) received an order from Textron Systems Corporation, a Textron (TXT) company, for its MarkStar Pro laser marking system.
SIRI...

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07:13 EST Sirius XM and Liberty Media enter transaction to simplify structure of Sirius - Liberty Media (LSXMA, LSXMK, FWONA, LLYVA) and Sirius XM (SIRI) have entered into definitive agreements whereby Liberty Media's Liberty SiriusXM tracking stock group (LSXMA, LSXMB and LSXMK), collectively LSXM, will be combined with SiriusXM to create a new public company which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol "SIRI". The transaction will result in New SiriusXM being an independent public company, with no majority stockholder, a single class of shares and a board comprising a majority of independent directors. New SiriusXM will have a simplified ownership structure. The additional float provided by the transaction is also expected to improve trading liquidity for New SiriusXM stockholders. Liberty will separate LSXM by means of a redemptive split-off of a new subsidiary of Liberty, SplitCo, which will hold its shares of SiriusXM and approximately $1.7B of estimated attributed net liabilities. Holders of each series of LSXM common stock will receive a number of shares of SplitCo stock equal to the Exchange Ratio, such that LSXM stockholders receive 1 share of New SiriusXM for each share of SiriusXM previously held at LSXM, adjusted for LSXM net liabilities. A wholly owned subsidiary of SplitCo will then merge with SiriusXM, and existing SiriusXM stockholders will receive 1:1 shares of SplitCo, which will become New SiriusXM. The transaction is intended to be tax-free to LSXM stockholders and SiriusXM stockholders. Liberty Media currently holds 3,205.8 million shares of SiriusXM attributed to LSXM. If the Net Liabilities Share Adjustment and the adjusted fully diluted shares of LSXM were calculated as of June 30, 2024, the Exchange Ratio is estimated to be approximately 8.4 shares in New SiriusXM for each share of LSXM held. Pro forma for the transaction, at June 30, 2024, there will be approximately 3,392 million basic shares outstanding of New SiriusXM, of which former LSXM stockholders will own approximately 81% of New SiriusXM, with the SiriusXM minority stockholders owning the remaining 19%. SiriusXM has secured committed financing with availability of $1.1B from Morgan Stanley, Bank of America and J.P. Morgan, the net proceeds of which may be used to refinance Liberty Media's 2.75% Exchangeable Notes due 2049 and the existing Liberty Media margin loan secured by SiriusXM's common stock. The transaction has been unanimously approved by Liberty's Board, the SiriusXM Special Committee and SiriusXM's Board of Directors. Greg Maffei is expected to be Chairman of the Board of New SiriusXM. The transaction is expected to be completed early in Q3 2024, subject to approval by a majority of the aggregate voting power of the shares of Liberty SiriusXM common stock, the receipt by Liberty Media and New SiriusXM of tax opinions from their respective tax counsel, as well as the receipt of required regulatory approvals and the satisfaction of other customary closing conditions. The transaction will not result in any changes to the Liberty Formula One tracking stock group or the Liberty Live tracking stock group.
RCI...

Hot Stocks

07:13 EST Rogers Communications announces private sale of Cogeco shares - On December 11, 2023, Rogers Communications (RCI) agreed to sell all of the subordinate voting shares of Cogeco Inc. (CGECF) and of Cogeco Communications (CGEAF) owned by it to Caisse de depot et placement du Quebec in a private transaction for an aggregate purchase price of approximately $829M. The shares will be sold for cash at a price of $46.91 per SVS of CGO and $51.40 per SVS of CCA pursuant to a share purchase agreement between RCI and CDPQ. Immediately prior to the sale, RCI will own 5,969,390 SVS of CGO and 10,687,925 SVS of CCA, representing approximately 42.6% of the outstanding CGO SVS and approximately 37.1% of the outstanding CCA SVS, respectively. Following the sale, RCI will own no SVS of CGO or CCA.
OFIX

Hot Stocks

07:12 EST Orthofix enters cooperation pact with Engine Capital, names three board members - Orthofix announced the appointment of three new independent directors to the company's board. These new directors bring substantial finance, strategic development, healthcare and medical technology experience to further advance Orthofix's position as a leading global spine and orthopedics company. The appointments follow constructive engagement and entry into a cooperation agreement with Engine Capital Management, one of the company's largest shareholders, which owns approximately 8.2% of Orthofix's outstanding shares. With these appointments and Calafiore joining the board upon his effective date, Orthofix's board will consist of 12 directors, 11 of whom are expected to be independent as of early 2024. It is expected that the board will be reduced to nine members at the 2024 Annual Meeting. The cooperation agreement contains customary standstill, voting and other provisions and will be filed on a Form 8-K with the U.S. Securities and Exchange Commission.
EGLXF

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07:10 EST Enthusiast Gaming unveils revamp of Shockwave gaming portal - Enthusiast Gaming Holdings announced a significant update to Shockwave.com. The site has relaunched with a fresh new look and mobile-friendly experience. Shockwave.com boasts over 1.4 million active users spending an average of 9 minutes per session on the site, with subscriptions dating back as far as 14 years. With these updates, Enthusiast Gaming aims to position Shockwave.com as a go-to daily game site, while preserving its legacy as one of the oldest gaming sites on the web and capitalizing on its robust library of daily and other casual games.
NMRA

Hot Stocks

07:09 EST Neumora Therapeutics appoints Jason Duncan as CLO - Neumora Therapeutics announced the appointment of Jason Duncan as chief legal officer. Mr. Duncan will be a member of Neumora's Executive Team, reporting to Henry Gosebruch, CEO, and will oversee all aspects of the Company's legal and compliance functions. Prior to joining Neumora, he served as chief legal officer, general counsel, secretary to the board of directors and head of program management at Albireo Pharma.
LTHCF

Hot Stocks

07:09 EST Lithium Ionic reports assay results for 15 drill holes at Bandeira project - Lithium Ionic reports assay results for 15 drill holes from its Feasibility-stage Bandeira Lithium Project, situated in northern Minas Gerais State, Brazil, in the lithium-rich Aracuai Pegmatite District, also known as the Lithium Valley, where two lithium producers currently operate. Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, "Our most recent drilling efforts at Bandeira, particularly hole ITDD-23-221 and 218, encountered an impressive new zone of high-grade mineralization, clearly highlighting the abundance of spodumene not only on our property but in this district. These results continue to emphasize the robustness of the lithium deposit at Bandeira, which currently represents around 90% of our total resource tonnage but only ~1% of our total property size pointing to the immense potential and scalability of our projects in this lithium-rich region."
MOB

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07:08 EST Mobilicom chosen by U.S DOD for next-gen wearable tactical mission kits - Mobilicom announced that the United States Department of Defense, DOD, has selected its SkyHopper cybersecure, bi-directional software defined radio, SDR, for integration into the RAID System. The DOD has contracted Tomahawk Robotics to design and build the RAID System, part of Tomahawk's Kinesis Ecosystem, that delivers AI-enhanced common control, open architecture, and advanced cybersecure communications networking. RAID will enable universal drone and robotic control of legacy systems as well as next-generation uncrewed systems, sensors, and payloads for dismounted soldiers. "This marks another major step forward in Mobilicom's penetration of the U.S. market, particularly with systems build for the U.S. Department of Defense," stated Mobilicom CEO and Founder Oren Elkayam. "Mobilicom has become part of an elite ecosystem of providers serving the U.S. DOD with our field-proven mature technologies that power cybersecure communications for autonomous drones and robotics. We are pleased to work with Tomahawk Robotics, which is contracting with numerous branches of the U.S. and global defense and security infrastructure to deliver enhanced soldier capabilities."
ATHA

Hot Stocks

07:06 EST Athira Pharma announces results from exploratory Phase 2 trial of fosgonimeton - Athira Pharma announced findings from the exploratory SHAPE Phase 2 clinical trial to evaluate fosgonimeton in patients with Parkinson's disease dementia and dementia with Lewy Bodies. Fosgonimeton is a potentially first-in-class, investigational, small molecule designed to positively modulate the hepatocyte growth factor system, which can activate neuroprotective, neurotrophic and anti-inflammatory pathways in the central nervous system. The primary endpoint of SHAPE, a composite score of the change in Event-Related-Potential P300 latency and cognitive assessment, was not met compared with placebo. However, all five patients in the modified intent to treat population treated with fosgonimeton 40 mg once daily saw improvement in ADAS-Cog13 individually and collectively showed a statistically significant improvement compared with placebo. In addition, directional improvements in other cognitive, functional and biomarker measurements were observed in the fosgonimeton 40 mg treatment group. Results for patients in the 70 mg treatment group were inconsistent, potentially due, in part, to a higher dropout rate from baseline enrollment than both the 40 mg and placebo groups. Fosgonimeton was generally well tolerated, with a favorable safety profile. There were no treatment-related serious adverse events or deaths observed in the study. The most common adverse event in the treatment groups was injection site reactions.
MQ SOFI

Hot Stocks

07:06 EST Marqeta appoints Alan Carlisle as chief compliance officer - Marqeta (MQ) announced the appointment of Alan Carlisle as its chief compliance officer, or CCO. Carlisle, previously enterprise chief compliance officer at SoFi, will be responsible for elevating and expanding Marqeta's regulatory compliance management system. Carlisle joins Marqeta from SoFi (SOFI), a publicly traded online personal finance company and bank, where he served as Enterprise CCO for over six years.
ASLN

Hot Stocks

07:06 EST Aslan Pharmaceuticals provides update on eblasakimab, farudodstat programs - ASLAN Pharmaceuticals provided a business update and updates related to its programs, eblasakimab and farudodstat. Eblasakimab update: ASLAN is conducting clinical trials of its lead program, eblasakimab, in adult, moderate-to-severe AD patients. In July, ASLAN announced positive topline results from a Phase 2 TREK-AD study that demonstrated eblasakimab's potential as the first biologic in moderate-to-severe AD. ASLAN is also evaluating eblasakimab in the Phase 2 TREK-DX study in dupilumab-experienced, moderate-to-severe AD patients. 63% of dupilumab-treated patients fail to achieve clear or nearly clear skin after 16 weeks, and around half of those patients that do achieve this response do not maintain it after the subsequent 36 weeks. Based on findings from the TREK-AD study, which highlighted the changing patient population in the US, the TREK-DX inclusion criteria have been modified to enroll patients with an EASI score of at least 18 and independent reviewer confirmation of baseline EASI scores has been implemented. US sites are now recruiting according to the updated criteria and additional sites in Europe are expected to open in the first half of 2024. ASLAN will provide an update in early 2024 on the timing of the expected topline readout from the study in 2024. Farudodstat update: Farudodstat, a highly selective dihydroorotate dehydrogenase inhibitor, is being investigated for the treatment of AA in the FAST-AA Phase 2 trial. Blinded safety data emerging from the study has shown no liver or other major safety concerns to date in patients enrolled supporting farudodstat's improved safety profile compared to the first-generation of approved DHODH inhibitors. Due to the recent increased availability of approved therapies in severe AA and the expansion of the trial to include moderate AA patients, ASLAN expects topline interim data from the study to be available in mid-2024. Corporate updates: ASLAN amended the terms of its loan agreement with K2 HealthVentures. In order to substantially reduce the total payments due to K2 HealthVentures over the next 12 months and extend the date from which the Company is required to make monthly repayments to January 2025, ASLAN made a prepayment of $12.0 million which has been applied to the outstanding principal under the loan agreement. $13.0 million of principal now remains outstanding under the loan agreement. 2024 expected milestones: Selection of a development partner to advance eblasakimab into Phase 3 testing in AD and other indications. topline readout from the TREK-DX study of eblasakimab. Topline interim data readout from FAST-AA study of farudodstat in AA in mid-2024. Publication and presentation of further data from the TREK-AD study of eblasakimab, including biomarker data, and on farudodstat at major congresses.
RDHL

Hot Stocks

07:05 EST RedHill Biopharma regains Nasdaq compliance - RedHill Biopharma announced that it received confirmation from The Nasdaq Stock Market that it had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) for continued Nasdaq listing, and is now compliant with applicable listing standards for continued Nasdaq listing. To regain compliance with Nasdaq Listing Rule 5550(a)(2), the company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved on December 8, 2023.
DNA

Hot Stocks

07:03 EST Ginkgo Bioworks, Arbor Biotechnologies announce collaboration - Arbor Biotechnologies announced a collaboration with Ginkgo Bioworks to leverage Ginkgo's comprehensive Codebase and automated Foundry to jointly optimize Arbor's novel precision editors. Arbor utilizes its computational metagenomic discovery engine and protein engineering expertise to identify and optimize genetic editors with the potential to treat a broad range of genetic diseases. The company's portfolio of novel gene editors has significant therapeutic potential due to, among other things, their unique protospacer adjacent motifs, which may enable access to nearly all sites in the genome, their varied cut types, which can potentially correct a wider range of diseases, their smaller editing technology, which allows the use of additional delivery technologies, and their high specificity, which can enable improved safety profiles. Ginkgo's expertise in high throughput exploration of genetic design spaces complements Arbor's in-house capabilities, and the collaboration is expected to accelerate Arbor's precision editor optimization campaign through massively parallel library design, automated mammalian cell experimentation and iterative AI-guided protein engineering.
CCCC MRK

Hot Stocks

07:02 EST C4 Therapeutics announces license, research collab with Merck - C4 Therapeutics (CCCC) announced that it has entered into an exclusive license and collaboration agreement with Merck (MRK) to develop degrader-antibody conjugates, an emerging modality designed to selectively target and neutralize disease-causing proteins in cancer cells. "We are thrilled to collaborate with Merck to innovate within the growing field of antibody-drug conjugates and evaluate the potential for combining the catalytic efficiency, potency, target specificity, and durability of degraders with the specific binding and delivery capabilities of antibodies," said Andrew Hirsch, president and chief executive officer of C4 Therapeutics. "We look forward to leveraging our powerful TORPEDO platform in collaboration with Merck's antibody-drug conjugation expertise to engineer novel medicines with the potential to transform patients' lives." Under the terms of the agreement, C4T will receive a $10 million upfront payment. C4T and Merck will collaborate to develop DACs directed to an initial undisclosed oncology target that is exclusive to the collaboration. For DACs directed to this initial target, C4T is eligible to receive milestone payments totaling approximately $600 million, as well as tiered royalties on future sales. The agreement also provides Merck with the option to extend the collaboration to include three additional targets that would be exclusive to the collaboration, which could yield option exercise payments as well as potential milestones and royalties. If Merck exercises all of its options to extend the collaboration, C4T would be eligible to receive up to approximately $2.5 billion in potential payments across the entire collaboration.
ADMA

Hot Stocks

07:01 EST ADMA Biologics announces FDA approval of BIVIGAM in pediatric patient setting - ADMA Biologics announced the U.S. Food and Drug Administration, FDA, has approved the Company's supplemental Biologics License Application submitted under section 351 of the Public Health Service Act for BIVIGAM. The FDA approval represents the final study report for the Pediatric assessment as required in the post marketing commitment. Additionally, the approval provides for a revision of BIVIGAM's prescribing information to expand the primary humoral immunodeficiency indication to pediatric patients 2 years of age and older. "We are pleased to announce that BIVIGAM has received FDA approval for treating PI in patients aged 2 years and older. Previously, the indication for BIVIGAM was restricted to PI patients aged 12 years and older," said Adam Grossman, President and Chief Executive Officer of ADMA. "This expanded label for BIVIGAM allows ADMA to actively address the treatment needs of younger PI patients earlier in their treatment journey. In the periods ahead, we look forward to offering BIVIGAM as an FDA-approved treatment option for these pediatric PI patients," concluded Mr. Grossman.
GSK

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06:56 EST GSK announces Japan's MHLW accepted Arexvy regulatory application - GSK announced that Japan's Ministry of Health, Labour and Welfare, MHLW, has accepted for review a regulatory application to extend the indication of GSK's respiratory syncytial virus vaccine for the prevention of RSV disease in adults aged 50-59 at increased risk. This regulatory submission follows Japan's approval of GSK's vaccine for the prevention of RSV disease in adults from the age of 60 years, and the recent announcement of the positive results of a phase III trial evaluating the immune response and safety of GSK's RSV vaccine in adults aged 50-59, including those at increased risk for RSV lower respiratory tract disease due to certain underlying medical conditions. GSK is the first company to seek regulatory approval to extend RSV vaccination to help protect adults aged 50 to 59 at increased risk for RSV disease. Further announcements on regulatory progress in the US and EU are expected in early 2024.
PFE SGEN

Hot Stocks

06:49 EST Pfizer's acquisition of Seagen receives all regulatory approvals - Pfizer (PFE) announces that the waiting period under the HSR Antitrust Improvements Act of 1976 expired December 11, with respect to Pfizer's pending acquisition of Seagen (SGEN). Pfizer and Seagen have now received all required regulatory approvals to complete the acquisition. Pfizer expects to close the acquisition of Seagen on December 14, subject to the satisfaction of other customary closing conditions. To address FTC concerns, Pfizer has chosen to irrevocably donate the rights of royalties from sales of Bavencio in the U.S. to the American Association for Cancer Research. Pfizer also announced changes in its commercial organization to incorporate Seagen. Pfizer will create an end-to-end business organization called the Pfizer Oncology Division, which will integrate certain oncology commercial and R&D operations from both companies and will be led by Dr. Chris Boshoff, who will become Chief Oncology Officer, Executive VP, and continue reporting to CEO Albert Bourla. Pfizer will split its non-oncology commercial organization into two more focused business divisions: the Pfizer U.S. Commercial Division, which will be led by Aamir Malik, who will become Chief U.S. Commercial Officer, Executive VP, and continue reporting to Bourla; and the Pfizer International Commercial Division, which will be led by Alexandre de Germay, who will join Pfizer as Chief International Commercial Officer, Executive VP, and will report to Bourla. The new organization structure will go into effect January 1, 2024. Angela Hwang, Chief Commercial Officer, and President, Global Biopharmaceuticals Business will be leaving Pfizer.
LAZ

Hot Stocks

06:46 EST Lazard reports preliminary AUM $235.9B as of November 30 - Lazard reported that its preliminary assets under management as of November 30, totaled approximately $235.9B. The month's AUM included market appreciation of $13.7B, foreign exchange appreciation of $3.5B and net outflows of $1.3B.
CHH WH

Hot Stocks

06:36 EST Choice Hotels launches exchange offer to acquire Wyndham Hotels & Resorts - Choice Hotels (CHH) announced that it is commencing an exchange offer to acquire Wyndham Hotels & Resorts (WH) in order to present its proposal directly to Wyndham shareholders. Choice continues to believe that a transaction with Wyndham is pro-competitive and would generate value for both Wyndham and Choice shareholders as well as deliver benefits to franchisees, guests and associates of both companies. Choice also announced that it currently holds approximately 1.5M shares of Wyndham common stock, valued in excess of $110M and is filing the Hart-Scott-Rodino, or HSR, notification in order to begin the required regulatory review. The exchange offer maintains the previously proposed offer to Wyndham, comprised of $49.50 in cash and 0.324 shares of Choice common stock per Wyndham share, representing a value of $40.50 based on Choice's trading price as of October 16, the day prior to Choice's first public offer. As of the pre-release date, the proposed offer price equates to a 30% premium to Wyndham's closing share price of $69.10, and reflects a 14.9x multiple of Wyndham's consensus 2023 adjusted EBITDA estimate, a forward multiple Wyndham has never achieved, absent COVID disruptions. The exchange offer provides Wyndham shareholders the opportunity to elect to receive the consideration in all cash, all shares or a combination of cash and shares, subject to a customary proration mechanism. In addition, the exchange offer features a regulatory ticking fee of 45c per Wyndham share per month, equivalent to $38M per month, accruing daily after the one-year anniversary of the date a majority of Wyndham's shares are tendered into the offer. This additional consideration, which has been included so that Wyndham shareholders can receive benefits similar to what Choice previously offered in its November 14 proposal in the unlikely event the transaction were to take longer than 12 months to close, would be payable in cash or stock, at Choice's election, upon Choice's acceptance and exchange of the Wyndham shares tendered into the offer. The exchange offer and withdrawal rights are scheduled to expire at 5:00 PM, New York City time on Friday March 8, unless the offer is extended or terminated. The exchange offer is subject to conditions, including the receipt of all required regulatory approvals. In the exchange offer, Choice is committing to take all actions required by regulators in connection with the approval of the transaction so long as such actions would not have a material adverse effect on the combined company. The full terms, conditions and other details of the exchange offer are set forth in the offering documents that Choice is filing with the Securities and Exchange Commission. Choice made a proposal privately to Wyndham on November 14, comprised of $49.50 in cash and 0.324 shares of Choice common stock per share of Wyndham stock, and offered Wyndham two seats on the combined company's board. The November 14 proposal included certain additional protections for Wyndham shareholders to provide certainty, as Wyndham publicly stated they desired, including: A reverse termination fee of $435M, which represents approximately 6.0% of the total equity purchase price, payable in the event that the transaction did not close due to the failure to receive the required regulatory approvals; A regulatory ticking fee of 0.5% of the total equity purchase price per month, accruing daily after the one-year anniversary of the signing of definitive agreements; A mutual non-disclosure agreement to allow the parties to conduct confirmatory due diligence; and a commitment to taking all actions required by regulators in connection with the approval of the transaction so long as such actions would not have a material adverse effect on the combined company. Instead of discussing the terms of such proposal with Choice, Wyndham publicly rejected the proposed terms on November 21. While not applicable to the exchange offer, in the context of a negotiated transaction, Choice remains willing to offer Wyndham shareholders a reverse termination fee that is consistent with the terms in its November 14, 2023 proposal and two seats on the combined company's board. Additionally, Choice is willing to enter into a mutual non-disclosure agreement to conduct confirmatory due diligence that could potentially unlock additional value for Wyndham shareholders. Choice is starting the clock on the regulatory approval process and is filing notification and report forms under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with the U.S. Federal Trade Commission. Choice has already met with the FTC on a voluntary basis to discuss the pro-competitive nature of the transaction and looks forward to continuing to work closely with the FTC. Choice is committed to completing the transaction within one year. Choice is actively identifying, evaluating and interviewing highly qualified director candidates to nominate to Wyndham's board and has requested the Directors' & Officers' Questionnaire from Wyndham in accordance with Wyndham's bylaws. Choice intends to nominate a slate of directors to the Wyndham Board of Directors at Wyndham's 2024 Annual Shareholder Meeting.
NXU

Hot Stocks

06:34 EST Nxu Inc. expands NxuOne EV Charging Solutions network in California - Nxu is looking to expand its NxuOne EV Charging Solutions network. The company is under contract to purchase two parcels of land on California highway 58, in Tehachapi, Calif. and North Edwards, Calif., sites for the state's National Electric Vehicle Infrastructure - NEVI - corridor 7. Corridor 7 is one of the six corridor groups included in round 1 of the California Energy Commission's NEVI Formula Program, which has announced the availability of up to $40.5M in grant funds for projects that will strategically deploy high-powered, direct-current fast charger electric vehicle charging infrastructure. NxuOne EV Charging Solutions enable standard-agnostic charging, giving all EV users exactly the power they need. Nxu previously announced Quartzsite, Ariz. as its first highway charging location and anticipates breaking ground in 2024.
RIG

Hot Stocks

06:32 EST Transocean announces $251M contract - Transocean announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000 per day, excluding additional services. The program is expected to commence in the first quarter of 2025 and is estimated to contribute approximately $251M in backlog, excluding full compensation for mobilization and a demobilization fee. For each day over 540 days, including the two option periods, the operating dayrate will be $480,000.
NVT

Hot Stocks

06:31 EST nVent Electric raises quarterly dividend 9% to 19c per ordinary share - nVent Electric announced that its Board of Directors declared a regular quarterly cash dividend of 19c per ordinary share for the first quarter of 2024, which represents an increase of 9% over the prior quarterly dividend. The dividend is payable on February 2, 2024, to shareholders of record at the close of business on January 19, 2024.
GE

Hot Stocks

06:10 EST General Electric-Mytilineos Consortium awarded GBP1B contract for subsea link - GE Vernova's Grid Solutions business and Mytilineos Energy & Metals have been awarded a GBP1B contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks, for the U.K.'s first high-capacity east coast subsea link. Specifically, the GE Vernova-Mytilineos consortium was selected to supply and construct two High-Voltage Direct Current converter stations for Eastern Green Link 1, or EGL1. EGL1 will oversee the construction of a subsea transmission cable from Torness in East Lothian, Scotland to Hawthorn Pit in County Durham, England, enabling the transmission of renewable green energy to power more than two million homes across the UK. GE Vernova, the consortium leader, and Mytilineos will provide the engineering works and technology for the two VSC HVDC converter stations. The design phase will begin in January 2024. Construction will begin in 2025.
CNC

Hot Stocks

06:09 EST Centene increases stock repurchase program by $4B - In addition, the company also announced that its board of directors has authorized a $4B increase to the company's existing stock repurchase program. The increase is in addition to the approximately $1.2B remaining under the previously authorized program.
CNTB

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06:07 EST Connect Biopharma's rademikibart shows efficacy and safety in Phase 2b trial - Connect Biopharma announced positive topline results from the global Phase 2b trial evaluating rademikibart efficacy and safety in adult patients with moderate-to-severe persistent asthma. The trial met its primary endpoint of absolute change from baseline in pre-bronchodilator - BD - forced expiratory volume over one second showing that at Week 12, lung function significantly improved over placebo with both rademikibart doses. The significant improvements seen compared to placebo with both rademikibart 150 mg and 300 mg started as early as Week 1 and were sustained through 24 weeks of treatment. A predefined exploratory analysis showed further improvement in lung function was achieved in patients with eosinophil levels of greater than or equal to 300 cells/microl. Strong and significant improvement in asthma control was also observed. Improvement was evident as early as Week 1 and statistically significant starting at Week 2 through Week 24 for both doses of rademikibart. Treatment with rademikibart showed strong trends toward reduced exacerbations with more than half of all exacerbations during the 24-week study occurring in the placebo group. Treatment with 150 mg and 300 mg Q2W of rademikibart was generally well tolerated. Treatment emergent adverse events were relatively similar across groups, with the most common TEAEs being COVID-19, cough, dyspnea, and wheezing. No new safety signals were observed. The company plans to schedule an End of Phase 2 meeting with the FDA to discuss rademikibart's Phase 3 regulatory path.
ALLR

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06:04 EST Allarity appoints Thomas Jensen as Interim CEO and Jeremy Graff as advisor - Allarity Therapeutics announced a transition in its leadership. Effective immediately, James Cullem is no longer President and CEO. H. Jensen, co-founder and member of the Board of Directors of Allarity, has been appointed as Interim CEO. The company has also engaged Jeremy Graff as an Executive Advisor. Graff will work closely with Jensen and the Board to provide consulting and advisory services on Allarity's research and development programs in the field of small molecule inhibitors and their use in the treatment of cancer. Graff brings over 25 years of experience in the biotech and pharma industry. Previously, Graff held C-level and senior executive positions at various biotechnology companies. During his nearly 17-year tenure at Eli Lilly and company, Graff identified and validated new molecular targets for advanced cancers. Graff also serves as a member of the Board of Directors of IN8bio, a member of the Board of Trustees for the Wood Hudson Cancer Research Laboratory, and is on the Scientific Advisory Board of Avicenna Biosciences.
NAAS

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06:04 EST NaaS enters charging cooperation with GAC Energy Technology - NaaS together with its strategic partner Kuaidian, has entered into cooperation with GAC Energy Technology, a subsidiary of GAC Group. The parties will, focused on charging service, pool together and share charging station data resources, further improve respective charging service network and provide more convenient charging service to GAC EV owners. As agreed, NaaS and Kuaidian will offer GAC EV owners a host of charging piles and a national charging service network. Cooperation is now underway in smart charging and energy supply, encompassing facets of charging piles connectivity, order data, payment service, etc. In consequence, GAC EV owners will have access to easy charging service via GAC Energy app and mini program, or Aiony/Hyper/Trumpchi app. Besides, Kuaidian app offers "online navigation", "pile search map", "one-click charging" and other features that pile search and charging, alongside a clear view of charging stations nearby.
SPIR

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06:04 EST Spire Global awarded multi-million euro contract by EUMETSAT - Spire Global has been awarded a multi-million euro contract by EUMETSAT, Europe's meteorological satellite agency, to provide radio occultation data. The contract is for an initial period of two years, from 2024-2026, with three optional, one-year extensions. The award follows a successful pilot program, which demonstrated the benefits of Spire's RO data for weather forecasting accuracy and value. The company's RO data provides information about the vertical profiles of pressure, humidity and temperature across all points of the globe, including in the most remote regions and open oceans. Spire will provide the data in near-real time, and it will be distributed to the EUMETSAT user community globally for use in weather forecast modeling.
PERI

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06:02 EST Perion Network acquires Hivestack for $100M in cash - Perion Network announced that it has completed the acquisition of Hivestack, a global innovative full-stack programmatic digital out of home company. The terms of the transaction include $100M in cash paid upon closing and a 3-year employee retention and performance-based payment plan of up to $25M. Perion financed the acquisition using cash on its balance sheet.
BMY

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06:01 EST Bristol Myers announces results from two early golcadomide combination studies - Bristol Myers announced the results of two early studies evaluating combinations of CELMoD agent golcadomide in non-Hodgkin lymphomas. These data are being presented in separate posters at the 2023 American Society of Hematology, or ASH, Annual Meeting from December 9-12. In the dose expansion phase of this Phase 1b study, patients were randomized 1:1 to golcadomide at one of two recommended Phase 2 dose levels plus R-CHOP-21 for a fixed duration of six cycles. A total of 65 patients completed six cycles of the combination with 13 discontinuing treatment. There were 71 patients evaluable for efficacy, and results showed: Overall response rate, or ORR, at end of treatment rate was 84.5% in patients overall, with 87.9% of patients in the DL1 arm achieving a complete metabolic response, or CMR, compared to 63.6% in the DL-1 arm. Minimal residual disease negativity at the end of treatment was achieved in 93% of patients treated with 0.4 mg of golcadomide plus R-CHOP compared to 70% treated with 0.2 mg of golcadomide plus R-CHOP. At both DL1 and DL-1, steady-state levels of golcadomide reduced Ikaros over 80%, to levels predicted to optimize tumor cell killing and to stimulate T and NK cells. In the safety population, the majority of patients experienced at least one treatment-emergent adverse event. Grade 3/4 TEAEs were primarily hematologic with neutropenia, thrombocytopenia and anemia being the most common. Any grade febrile neutropenia was reported in 21.8% of patients. Median relative dose intensity of key R-CHOP components was maintained at greater than 90%. A separate poster detailed the efficacy and safety results from the dose expansion segment of a Phase 1/2 open-label study of two doses of golcadomide plus rituximab in relapsed/refractory patients with non-Hodgkin lymphoma. Patients were heavily pre-treated with a median number of four prior therapies, including 61% who had prior CAR T. In patients evaluable for efficacy, the ORR was 42% with 19% achieving a complete response, or CR. The median duration of response was 7.5 months. The ORR and CR rate was greater for patients in the 0.4 mg arm compared to the 0.2 arm. In the study, neutropenia was the most common TEAE of any grade, occurring in 50% of patients. Febrile neutropenia was observed in two patients, with one patient at each dose level. A total of six patients had serious adverse events with only pneumonia and pyrexia occurring in more than 1 patient. There were four deaths on treatment during the study with one considered related to the study treatment.
LTTS BP

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05:55 EST L&T Technology Services secures multi-year engineering services pact with BP - L&T Technology Services (LTTS) has secured a multi-year engineering services partnership with BP (BP). This collaboration underscores LTTS' domain expertise in the Energy segment, focusing on Engineering to drive productivity improvement. The relationship will leverage over 2 decades of LTTS' experience in engineering, manufacturing services, digital and enterprise data management and address some of the most significant challenges for BP globally.
MNSO

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05:52 EST Miniso executives purchase $1M in shares - Miniso announced that Zhang Jingjing, the company's CFO and VP, together with Huang Zheng, general manager of Miniso Overseas distributor markets and VP, and Yao Jianzheng, general manager of Miniso China and VP, have acquired the company's shares in the open market in the amounts of about $400,000, $300,000 and $300,000 respectively.
MGNI

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05:47 EST Magnite open new office in Mumbai - Magnite has announced the opening of a new office in Mumbai, which will serve as the company's base across India. The move indicates the company's commitment to providing support for publishers and buyers in one of the fastest-growing digital advertising markets in the world.
NOK

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05:45 EST Nokia, Deutsche Telekom deploy multi-vendor Open RAN network in Germany - Nokia and Deutsche Telekom announced that they have begun to deploy a multi-vendor Open RAN network with Fujitsu in Germany. The technology is fully integrated into DT's live commercial network and the initial cluster will provide 2G, 4G, and 5G commercial services to customers in the Neubrandenburg area of Northern Germany. The deal marks a return for Nokia into DT's commercial network and is the realization of the memorandum of understanding signed by both companies at MWC 2023. Nokia will replace the incumbent vendor in the deal. The project is already underway and will be extended from Q1 2024 onwards. Nokia will deploy its commercial Open RAN compliant, high-performance, energy efficient 5G AirScale baseband solution in DT's commercial network including Fujitsu Radio Units. Nokia's O-RAN solution will ensure DT has full feature, service, and performance parity with classic purpose-built RAN. Both companies have also agreed to explore O-RAN technology around Cloud RAN, 3rd party CaaS, RIC, SMO, and energy efficiency. This is another example of Nokia's anyRAN approach, which aims to build future-ready radio access networks together with an ecosystem of industry partners to unlock collaborative advantage. Nokia anyRAN is designed to give mobile operators and enterprises more flexibility in building their networks. For Open RAN, Nokia develops the required Open Fronthaul features on top of its high-performance RAN software, ensuring co-existence and feature performance parity with purpose-built RAN. Nokia baseband solutions can be combined with both Nokia and third-party radios. For operators, this ensures a smooth evolution path towards hybrid, Cloud RAN, and O-RAN deployments.
NOK

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05:43 EST Nokia revises 2026 operating margin target ahead of investor event - Nokia will host an investor and analyst event to provide an update on its execution against its group strategy, initial planning assumptions for 2024 and a revised comparable operating margin target for 2026. It will also outline its strategy to give more autonomy to its four business groups. The presidents of Nokia's Mobile Networks and Cloud and Network Services business groups will also present their strategies and future opportunities. Accompanying the move towards more autonomous business groups and to provide investors with greater transparency in assessing their financial performance, Nokia will begin reporting cash flow and regional sales at the business group level in 2024. Tommi Uitto, president of Mobile Networks will present on how MN is revamping its strategy. It has begun to re-baseline its operations for resilience and profitability while maintaining its commitment to technology leadership and protecting its R&D output. These combined actions, to be completed by 2026, will enable MN to achieve a double-digit operating margin at net sales level of approximately EUR 10B, compared to the approximately EUR 11.5B threshold level that would be required. In addition to serving CSP customers, MN will accelerate its offerings to faster growing segments, including Enterprise, Cloud RAN, O-RAN, and the defense sector. As a conclusion to Nokia's long-range planning process, the company has decided to lower its comparable operating margin target to be achieved by 2026 from the prior at least 14% to at least 13%. Nokia still sees a path to achieving the at least 14% comparable operating margin target but considering the current market conditions in Mobile Networks, this is deemed a prudent change. Nokia sees further opportunities to increase margins beyond 2026 and believes this 14% target remains achievable over the longer term. Nokia targets for both NI and CNS to grow faster than the market through 2026 while Mobile Networks will face challenges in 2024 and 2025 before returning to grow faster than the market in 2026. Nokia's other targets remain unchanged.
ICVX

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05:39 EST Icosavax announces interim results from IVX-A12 trial - Icosavax announced topline interim results from its Phase 2 clinical trial of IVX-A12 against respiratory syncytial virus, or RSV, and human metapneumovirus, or hMPV, in older adults. Topline interim safety and immunogenicity data from this trial were generally consistent with the previously reported Phase 1 data for IVX-A12. Solicited local and systemic adverse events, or AEs, collected within seven days of vaccination were generally mild to moderate without severe events. No cases of fever were reported in any group. For unadjuvanted IVX-A12, the proportion of subjects experiencing any systemic AE within seven days was 32%, and similar to placebo. The most common local and systemic AEs were injection site tenderness, injection site pain, and myalgia. There were no vaccine related serious adverse events, or SAEs, clinical events or AEs of special interest, or AESIs, or AEs leading to discontinuation. IVX-A12 induced robust immune responses against both RSV and hMPV at Day 28 across both formulations with and without adjuvant. For unadjuvanted IVX-A12: IVX-A12 induced geometric mean titers, or GMTs, in RSV-A neutralizing antibody titers, or nAbs, of approximately 12,200 IU/mL compared to approximately 2,000 IU/mL for placebo at Day 28. IVX-A12 induced GMTs in RSV-B nAbs of approximately 5,500 IU/mL compared to approximately 1,300 IU/mL for placebo at Day 28. IVX-A12 induced GMTs in hMPV-A nAbs of approximately 1,600 assay units/mL compared to approximately 400 assay units/mL for placebo at Day 28. IVX-A12 induced GMTs in hMPV-B nAbs of approximately 15,300 assay units/mL compared to approximately 6,700 assay units/mL for placebo at Day 28. No standardized international units exist in the field for hMPV.
ICVX AZN

Hot Stocks

05:35 EST Icosavax to be acquired by AstraZeneca for $15.00 per share in cash, CVR - Icosavax (ICVX) announced it has entered into a definitive agreement pursuant to which AstraZeneca (AZN), through an acquisition subsidiary, will initiate a tender offer to acquire all of Icosavax's outstanding shares for a price of $15.00 per share in cash at closing, plus a non-tradable contingent value right to receive up to $5.00 in cash, payable upon achievement of specified regulatory and net sales milestones. The upfront cash portion of the consideration represents an equity value of approximately $838M and a 43% premium over Icosavax's closing market price on December 11 and a 73% premium to Icosavax's volume-weighted average price for the preceding 60 trading days. Combined, the upfront and maximum potential contingent value payments represent, if achieved, an equity value of approximately $1.1B and a 91% premium over Icosavax's closing market price on December 11 and a 130% premium to Icosavax's volume-weighted average price for the preceding 60 trading days. The closing of the tender offer is subject to certain conditions, including the tender of shares representing at least a majority of the total number of Icosavax's outstanding shares, and other customary closing conditions and regulatory clearances. Upon the successful completion of the tender offer, a subsidiary of AstraZeneca will be merged with and into Icosavax and any remaining shares of common stock of Icosavax will be cancelled and converted into the right to receive the same consideration per share payable in the tender offer. Subject to the satisfaction of the conditions in the merger agreement, the acquisition is expected to close in the first quarter of 2024.
NOK

Hot Stocks

05:32 EST Nokia to acquire Fenix Group, terms undisclosed - Nokia announced that it has signed an agreement to acquire Fenix Group, a privately held company that specializes in tactical 3rd Generation Partnership Project, or 3GPP, communications solutions for the defense communities. Fenix Group is a provider of tactical communications products, including the Banshee product family. The systems are designed to provide high-speed, low latency data connections to many devices and users simultaneously, making them ideal for supporting a wide range of military applications. Fenix Group is a portfolio company of Enlightenment Capital. The addition of Fenix's tactical communications capabilities will allow Nokia to offer a more comprehensive suite of solutions to its defense customers.
SRAD

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05:28 EST Sportradar, Tennis Data Innovations enter multi-year agreement - Sportradar and Tennis Data Innovations, or TDI, a specialist joint venture vehicle of ATP and ATP Media, have entered into a multi-year agreement providing the sports technology company with global data and streaming rights for betting, and media data rights, for all ATP Tour and ATP Challenger Tour events. The partnership will focus on driving commercial growth for the sport and enhancing fan engagement opportunities for the downstream market through the development of new betting and media products. Commencing in December 2023, Sportradar's ATP Service+ purpose-built suite of solutions offers new and dynamic ways for fans and bettors to engage with tennis via next-generation, value-add products and services which utilize previously unavailable deep data. ATP Service+ features include augmented streaming, transforming live streams with immersive 3D animations, expanded in-play betting markets, short-form video highlights for registered users and an extensive range of personalized and targeted betting products, to drive sportsbook performance for Sportradar's global network of operator clients. Sportradar will also work with TDI to create products for media as well as utilize Sportradar's OTT solution to stream live match coverage of the ATP Challenger Tour, via ATP's Challenger TV. Additionally, the creation of a joint Tennis Innovation Lab will address emerging opportunities to support ATP's vision. Sportradar will supply Integrity Services for all ATP Tour and ATP Challenger Tour events to safeguard competitions against the threat of betting-related match fixing and corruption, including monitoring and addressing integrity threats and risks through due diligence and investigation support.
XPRO

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05:22 EST Expro reports renewed, expanded pact with Di Drill Survey Services - Expro has renewed and expanded a strategic partnership agreement with Di Drill Survey Services, a provider of high-end HPHT logging, Gyro survey services, and magnetic ranging for complex abandonment services to the oil & gas and geothermal sectors, based in Bakersfield, California. The strategic partnership agreement formalizes a relationship between two energy service companies committed to providing premium well integrity solutions to complex wellbore situations.
ACN

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05:18 EST Accenture to acquire management consultancy Vocatus, terms undisclosed - Accenture has entered into an agreement to acquire management consultancy Vocatus, which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models. The terms of the acquisition were not disclosed.
V

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05:16 EST Visa, RevoluPAY announce launch of Visa Direct - Visa and RevoluPAY, a wholly owned subsidiary of RevoluGROUP Canada announce the launch of Visa Direct, a new solution that allows RevoluPAY customers to send and receive money instantly from person to person through RevoluSEND. Consumers can use this solution, which is already operational, throughout the European Economic Area thanks to Visa's global network and RevoluPAY's technology and license.