Stockwinners Market Radar for December 20, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

META

Hot Stocks

20:33 EST Cathie Wood's ARK Investment bought 16.3K shares of Meta Platforms today
SQ

Hot Stocks

20:33 EST Cathie Wood's ARK Investment bought 158K shares of Block today -
ZM

Hot Stocks

20:32 EST Cathie Wood's ARK Investment bought 158K shares of Zoom Video today
TSLA

Hot Stocks

20:31 EST Cathie Wood's ARK Investment bought 111K shares of Tesla today
DKNG

Hot Stocks

20:30 EST DraftKings CEO sells $17.1M in common stock as part of option exercise - In a regulatory filing, DraftKings disclosed that its CEO Jason Robins sold 483.5K shares of common stock on December 20th as part of option exercise in a total transaction size of $17.1M.
MULN

Hot Stocks

19:50 EST Mullen Automotive trading halted, news pending
BKYI

Hot Stocks

19:50 EST Biokey International trading halted, news pending
NRBO

Hot Stocks

19:50 EST NeuroBo Pharmaceuticals trading halted, news pending
BCAB

Hot Stocks

18:42 EST BioAtla CEO buys $107K in common stock - In a regulatory filing, BioAtla disclosed that its CEO Jay Short bought 50K shares of common stock on December 20th in a total transaction size of $107K. Shares of BioAtla are up 5% afterhours at $2.12.
POL

Hot Stocks

18:34 EST Polished not aware of any material change in business to account for price rise - Earlier this evening, the company stated: "In view of the unusual market activity in the Company's stock, the New York Stock Exchange contacted the Company in accordance with the NYSE's usual practice. The Company does not comment on market activity or rumors. However, the Company confirms that it is not aware of any undisclosed material change or development in its business and operations that would account for the recent increase in the share price and trading volume of the Company's stock." Shares of Polished were up 618% in regular trading at $7.61, up $6.55. The stock is down 28% afterhours at $5.50.
U

Hot Stocks

18:27 EST Unity exec sells $6.14M in common stock - In a regulatory filing, Unity disclosed that Grow Solutions President Tomer Bar-Zeev sold 150K shares of common stock on December 19th in a total transaction size of $6.14M.
JOBY

Hot Stocks

17:57 EST Joby, NASA simulation gets up to 120 air taxi operations p/h in busy airspace - Joby Aviation announced it has successfully completed a series of air traffic simulations with NASA's Ames Research Center that evaluated how air taxi operations can be integrated into today's airspace, including at busy airports, using existing air traffic control or ATC tools and procedures.The simulations, jointly developed by Joby and NASA airspace engineers following a multi-year airspace study, tested scenarios with dozens of eVTOL aircraft per hour flying into and out of the complex, busy airspace in the Dallas-Fort Worth,DFW, region using today's airspace system.
EADSY

Hot Stocks

17:50 EST Spain's military orders16 Airbus C295 in EUR 1.695B contract - Airbus announced earlier: The Spanish Ministry of Defence has ordered 16 Airbus C295 aircraft in Maritime Patrol Aircraft, MPA, configuration and Maritime Surveillance Aircraft, MSA, configuration. The contract amounts to EUR 1.695B. These new aircraft will enable the Spanish Air and Space Force and the Spanish Navy to strengthen the national anti-submarine warfare capability as well as increase and enhance its surveillance, reconnaissance and search & rescue units. "The aircraft will be fully designed and manufactured in Spain, fostering the national industrial defence footprint and sovereignty" said Mike Schoellhorn, CEO of Airbus Defence and Space. "In particular, the Maritime Patrol version is the most complex C295 mission configuration to date. A major development project that will bring together the latest technologies to provide an operational advantage to our customer." Reference Link
A

Hot Stocks

17:41 EST Agilent moves Cell Analysis Division into DGG to strengthen growth opportunities - Earlier on Wednesday, Agilent Technologie announced it has moved the company's Cell Analysis Division into its Diagnostics and Genomics Group DGG as part of a strategy to further strengthen growth opportunities for both organizations. "We believe having the cell analysis team as part of DGG is a natural fit given the markets they serve and the clear linkages to our genomics and diagnostics customers," said Mike McMullen, Agilent president and CEO. "This is an exciting opportunity to bring our unique collection of cell and molecular-based solutions together in ways that better align with how our customers are working. This will in turn expand workflow coverage and drive accelerated growth." Formerly part of Agilent's Life Sciences and Applied Markets Group LSAG , the company's cell analysis work has been an important growth driver for the company. Created primarily through the acquisitions of BioTek Instruments, ACEA Biosciences, and Seahorse Bioscience over the last eight years, the cell analysis organization has developed differentiated, industry leading products and represents a key example of the success of Agilent's "build and buy" growth strategy.
COST

Hot Stocks

17:39 EST Costco CFO Galanti sells over 1,100 common shares - In a regulatory filing, Costco CFO Richard Galanti dsiclosed the sale of 1,111.78 common shares of the company on December 19 at a price of $680.2139 per share.
NVDA

Hot Stocks

17:37 EST Nvidia VP Shoquist sells $10M in company shares - Nvidia VP Debora Shoquist disclosed the sale of 20,000 shares of company stock at $500.04 per share on December 18, for a total transaction amount of $10,000,860.
REGN

Hot Stocks

17:36 EST Regeneron's treatment of Hemophilia B granted FDA orphan designation - According to a post on the FDA's website, Regeneron's treatment of Hemophilia B was granted orphan designation. Reference Link
SLS

Hot Stocks

17:33 EST Sellas Life Sciences' treatment of T-cell lymphoma gets FDA orphan designation - According to a post on the FDA's website, Sellas Life Sciences' treatment of T-cell lymphoma was granted FDA orphan designation. Reference Link
CNI...

Hot Stocks

17:33 EST North American rail traffic up 5.7% for the week ending December 16 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending December 16. For this week, total U.S. weekly rail traffic was 502,583 carloads and intermodal units, up 7.6% compared with the same week last year. Total carloads for the week ending December 16 were 234,449 carloads, up 6.5% compared with the same week in 2022, while U.S. weekly intermodal volume was 268,134 containers and trailers, up 8.6% compared to 2022.All of the 10 carload commodity groups posted an increase compared with the same week in 2022. They included coal, up 3,873 carloads, to 65,450; grain, up 2,599 carloads, to 24,275; and chemicals, up 2,337 carloads, to 32,483. North American rail volume for the week ending December 16, on 12 reporting U.S., Canadian and Mexican railroads totaled 347,860 carloads, up 4.7% compared with the same week last year, and 352,485 intermodal units, up 6.7% compared with last year. Total combined weekly rail traffic in North America was 700,345 carloads and intermodal units, up 5.7%. North American rail volume for the first 50 weeks of 2023 was 32,902,626 carloads and intermodal units, down 2.7% compared with 2022...Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific Kansas City (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), Trinity Industries (TRN), Greenbrier (GBX), FreightCar America (RAIL), Wabtec (WAB) and Rail Vision (RVSN). Reference Link
ANNX

Hot Stocks

17:32 EST Annexon outlines global registrational program for ANX007 in GA - Annexon outlined its global registrational program for ANX007, a first-in-class C1q and classical complement inhibitor, for the treatment of patients with geographic atrophy, or GA. Annexon has gained alignment with the U.S. Food and Drug Administration (FDA) on a Phase 3 registration program that includes using, for the first-time, the prevention of greater than or equal to15-letter loss of best corrected visual acuity as the primary outcome measure, as well as conducting a comparison of ANX007 to an injection agent, consistent with requests for trials across ophthalmic indications. Notably, the FDA has not required Annexon to study the slowing of lesion growth as measured by fundus autofluorescence (FAF), an anatomical endpoint used for the approval of other GA programs. Annexon's registration program will initiate first with ARCHER II, a global sham-controlled trial designed to confirm the results from the Phase 2 ARCHER trial, and potentially expedite the path to regulatory approval in Europe, where there are approximately 2.5 million people living with GA. Given the availability of FDA-approved treatments in the U.S., Annexon plans to conduct its injection-controlled head-to-head study, ARROW, against SYFOVRE(R), with the potential to underscore ANX007's unique mechanism of action and critical differentiation on visual function. ARCHER II is expected to begin enrollment in mid-2024, followed by ARROW in late 2024.
LUV

Hot Stocks

17:31 EST Southwest announces tentative agreement reached with SWAPA - Southwest announced that a tentative agreement has been reached with the Southwest Airlines Pilots Association, or SWAPA, and will be voted on by the airline's nearly 11,000 Pilots. SWAPA will communicate details of the contract and the voting process to Pilots.
X

Hot Stocks

17:22 EST U.S. Steel CEO Burritt sells 252,458 common shares - In a regulatory filing, U.S. Steel president and CEO David Burritt disclosed the sale of 252,458 common shares of the company on December 18 at a price of $50.013 per share.
NOC

Hot Stocks

17:15 EST Northrop Grumman awarded $121.52M Defense Logistics Agency contract - Northrop Grumman has been awarded an estimated $121.52M firm-fixed-price, performance-based-logistics requirements contract for B-1 Bomber AN/APQ-164 offensive radar low observable antennas. This was a sole-source acquisition using justification 10 U.S. Code 2304, as stated in Federal Acquisition Regulation 6.302-1. This is a five-year base contract with one five-year option period. Location of performance is Oklahoma, with a December 31, 2028, performance completion date. Using military service is Air Force. Type of appropriations is fiscal 2024 through 2029 defense working capital funds. The contracting activity is the Defense Logistics Agency.
LMT

Hot Stocks

17:13 EST Lockheed Martin awarded $220.74M Navy contract modification - Lockheed Martin was awarded a $220.74M modification to a cost-plus-fixed-fee, firm-fixed-price order against a previously issued basic ordering agreement. This modification exercises options to support calendar year 2024 modification and retrofit activities for the F-35 Joint Strike Fighter program to include program management, non-recurring engineering, aircraft induction, contractor field, depot site, and laser shock peening site support. Additionally, this modification adds scope for the procurement of material kits as well as special tooling and test equipment necessary to support F-35 Joint Strike Fighter aircraft retrofit and modification efforts for the Air Force, Marines, Navy, Foreign Military Sales (FMS) customers, and non-U.S. Department of Defense, or DOD, participants. Work is expected to be completed in January 2026. Naval Air Systems Command is the contracting activity.
ANNX

Hot Stocks

17:09 EST Annexon reports phase 1 results for ANX1502 - Annexon reported results from the Phase 1 single ascending dose and multiple ascending dose healthy volunteer study of ANX1502, a first-in-kind oral, selective small molecule inhibitor that targets the active form of C1s responsible for propagating classical pathway activation in association with C1q. ANX1502 achieved target serum levels and demonstrated pharmacokinetic measures that support advancement into a proof-of-concept clinical study to assess pharmacodynamics and efficacy in patients with cold agglutinin disease in 2024. "After more than a decade of groundbreaking research targeting the early classical complement pathway, we are excited to have reached an important step in the clinical development of ANX1502, our first-in-kind small molecule complement inhibitor that we believe can have meaningful impact on a range of autoimmune conditions," said Ted Yednock, Ph.D., chief innovation officer of Annexon. "We're very encouraged by the results from our Phase 1 SAD/MAD trial showing that ANX1502 was well tolerated and achieved target drug levels with supportive impact on a key biomarker in healthy volunteers. Based on these data, we look forward to advancing a tablet formulation of ANX1502 into a proof-of-concept study in patients with CAD, which enables us to further explore larger opportunities in serious autoimmune diseases." The completed Phase 1 clinical trial is a randomized, double-blind, placebo-controlled SAD and MAD study to assess the safety, tolerability, PK and PD of ANX1502 liquid suspension formulation in healthy adults. The study evaluated single ascending doses of ANX1502 ranging from 25 mg to 1050 mg and multiple ascending doses of ANX1502 ranging from 200 mg twice-daily to 525 mg twice-daily. Results of the study were as follows: Dose-proportional PK and targeted levels of active drug were observed across both SAD and MAD cohorts; Single doses of 525-1025 mg ANX1502 suppressed C4d serum levels in healthy volunteers with higher than median baseline C4d; Across all doses evaluated, ANX1502 was generally well tolerated with mild to moderate treatment-emergent adverse events (TEAEs). The most frequent TEAEs were gastro-intestinal, which included nausea, emesis and diarrhea. No serious adverse events were reported, and there were no significant clinical or lab findings.
AZO

Hot Stocks

17:02 EST AutoZone authorizes additional $2B stock repurchase - AutoZone authorized the repurchase of an additional $2.0B of the company's common stock in connection with its ongoing share repurchase program.
LQDA UTHR

Hot Stocks

17:00 EST Liquidia says Court of Appeals affirms PTAB decision to invalidate patent - Liquidia Corporation (LQDA) announced that the U.S. Court of Appeals for the Federal Circuit affirmed the earlier decision by the Patent Trial and Appeal Board, or PTAB, which found all claims of U.S. Patent No. 10,716,793 - '793 Patent - to be unpatentable due to the existence of prior art cited by Liquidia in inter partes review roceedings. As a result of today's decision, Liquidia will immediately seek to set aside the injunction issued by the U.S. District Court for the District of Delaware in the lawsuit filed by United Therapeutics (UTHR) under the Drug Price Competition and Patent Term Restoration Act and pursue final regulatory approval of YUTREPIA by the U.S. Food and Drug Administration.
MU

Hot Stocks

16:54 EST Micron sees FY24 capital expenditures $7.5B-$8B - Says improved supply-demand environment in the current calendar quarter gives us additional confidence in the trajectory of its business. Says driven a strong inflection in industry pricing this calendar quarter. Says expects pricing to continue to strengthen through the course of calendar 2024. Says expects FY24 front-end cost reductions to track in line with our long-term expectations of mid-to-high single digits in DRAM and low teens in NAND. Says in data center, total server unit shipments are expected to increase by a mid-single-digit percentage in calendar 2024, following a year of low double-digit percentage decline in calendar 2023. Says expects calendar 2023 DRAM bit demand to grow in the high-single-digit percentage range, up from prior expectations for mid-single-digit growth. In NAND, the company continues to expect calendar 2023 bit demand growth in the high-teens percentage range. Looking forward, over the next few years, the company expects bit demand growth CAGRs of mid-teens in DRAM and low-20s percentage range in NAND. Says forecasts calendar 2024 bit demand growth for the industry to be near the long-term CAGR for DRAM and somewhat below the long-term CAGR for NAND. Says bit supply growth in fiscal 2024 is planned to be well below demand growth for both DRAM and NAND. Says expects to decrease our days of inventory in fiscal year 2024. Says expect calendar 2024 industry supply to be below demand for both DRAM and NAND, which will result in a contraction of industry inventory levels. Comments taken from prepared remarks to Q1 earnings conference call.
PK

Hot Stocks

16:52 EST Park Hotels & Resorts affirms FY23 outlook for RevPAR, EBITDA - The company states: "Park's Hawaii hotels continue to experience solid performance with RevPAR increasing 9.3% over prior year in October, followed by RevPAR growth of 14.5% in November; Park's urban portfolio continues its strong recovery with October Comparable RevPAR increasing 9.1%, followed by November Comparable RevPAR increasing 11.2% versus prior year, with New York and Chicago among Park's top performing urban markets in November, reporting year-over-year RevPAR gains of 15.1%, and 14.4%, respectively, followed by Boston, Denver, San Francisco, and Washington, D.C., each increasing over 10% versus the prior year on a Comparable basis; Hotel net income for October 2023 and November 2023 was $39 million and $17 million, respectively; Comparable Hotel Adjusted EBITDA margin for October 2023 was 2.6%, a 35 basis point decline year-over-year, while Comparable Hotel Adjusted EBITDA margin improved 53 basis points year-over-year in November 2023 to 25.0%; Park reaffirms its full-year 2023 outlook for Comparable RevPAR, Comparable Hotel Adjusted EBITDA margin, Adjusted EBITDA and Adjusted FFO per diluted share provided in its November 1, 2023 earnings press release."
SIG

Hot Stocks

16:46 EST Signet Jewelers CEO Drosos sells 10,000 common shares - In a regulatory filing, Signet Jewelers CEO Virginia Drosos disclosed the sale of 10,000 common shares of the company on December 19 at a price of $103.1668 per share.
RJF

Hot Stocks

16:40 EST Raymond James reports November assets under administration $1.32T, up 9% y/y - Financial assets under management were $209.9B, up 10% from last year.
MIGI

Hot Stocks

16:39 EST Mawson Infrastructure announces November operational update - Mawson Infrastructure Group announced its unaudited business and operational update for November 2023, reporting: Total monthly revenue equivalent of 132 BTC1 or about $4.81 million; 47% M/M growth in total revenue; Completed new customer co-location services deployment for a total of ~15,876 Bitmain S19 XP miners; Co-location services revenue ramped up significantly to $1.98 million; Self-mining revenue increased with 24% M/M growth to $2.29 million.
CALT

Hot Stocks

16:37 EST Calliditas Therapeutics' Tarpeyo granted full FDA aproval for IgA nephropathy - Calliditas Therapeutics announced that the FDA has approved Tarpeyo delayed release capsules to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy - IgAN - at risk for disease progression. Tarpeyo was first approved in December 2021 under accelerated approval, based on the surrogate marker of proteinuria. Tarpeyo is now the first fully FDA-approved treatment for IgAN based on a measure of kidney function. The FDA approval is for adults with primary IgAN who are at risk of disease progression, irrespective of proteinuria levels. Tarpeyo was generally well-tolerated in the Phase 3 NefIgArd clinical trial. The most common adverse reactions in this study were peripheral edema, hypertension, muscle spasms, acne, headache, URT infection, face edema, weight increased, dyspepsia, dermatitis, arthralgia, and white blood cell count increased. Tarpeyo is available exclusively through Calliditas specialty pharmacy, Biologics by McKesson.
IMVT

Hot Stocks

16:34 EST Immunovant announces results from initial cohort of batoclimab trial - Immunovant announced that results from the initial cohort of patients in an ongoing 24-week Phase 2 clinical trial of batoclimab in patients with Graves' disease meaningfully exceeded 50% response rates. This Phase 2 proof-of-concept trial is an open-label study to assess the safety and efficacy of batoclimab in Graves' disease. Patients who are hyperthyroid despite treatment with an anti-thyroid medication, or ATD, for more than 12 weeks are being enrolled to receive once-weekly subcutaneous, or SC, injections of 680 mg batoclimab for 12 weeks followed by once-weekly SC injections of 340 mg batoclimab for 12 weeks. Treatment response is defined as normalization of T3 and T4 hormone levels without increasing ATD dose. The primary and secondary outcome measurements of the trial are being measured at weeks 12 and 24. This design allowed for efficacy assessments between two distinct ranges of IgG reductions. Consistent with studies of batoclimab in other indications, 680 mg administered SC in the initial cohort demonstrated potential best-in class IgG reduction, up to 87%, with a mean IgG reduction of 81% after 12 weeks of treatment. The 340 mg IgG reductions were lower. A similar dose response was observed for anti-TSHR autoantibodies, with deeper reductions observed following treatment with 680 mg of SC batoclimab as compared to 340 mg of SC batoclimab. In addition, across a range of clinical parameters, numerically higher responses were observed following treatment with 680 mg of batoclimab as compared to treatment with 340 mg of batoclimab. These parameters included the percentage of patients whose ATD dose was reduced and the percentage of patients whose ATD was discontinued. Batoclimab was generally well tolerated with no new safety signals observed in the initial data set.
YS

Hot Stocks

16:32 EST YS Biopharma responds to press release on extraordinary general meeting - YS Biopharma issued an official response to the unauthorized press release disseminated under the company's name. The company stated that it wished to "clarify the following points: 1. Mr. Yi Zhang's Chairmanship: Our filing on Form 6-K with the U.S. Securities and Exchange Commission on December 12, 2023 explicitly states the current composition of our Board of Directors, and Mr. Yi Zhang is not the chairperson of our Board. Accordingly, Mr. Zhang does not have any authority to call a general meeting of shareholders of the Company. 2. Extraordinary General Meeting: Dr. Ajit Shetty, currently the Interim Chairperson of the Board, has not called for an extraordinary general meeting of the Company to be held on December 28, 2023. Any communication suggesting otherwise is misleading and unauthorized. Shareholders are hereby advised to disregard the notice of the extraordinary general meeting purportedly published under our name and disseminated through PRNewswire. The meeting in question is not sanctioned by the Company and attendance is unnecessary. YS Biopharma encourages all stakeholders to seek accurate information from the Company's official communications channels and refrain from acting on unauthorized statements".
MRK

Hot Stocks

16:31 EST Merck says FDA issues CRL regarding gefapixant NDA - Merck announced that the U.S. Food and Drug Administration has issued a Complete Response Letter regarding Merck's New Drug Application for gefapixant, an investigational, non-narcotic, oral selective P2X3 receptor antagonist, under development for the treatment of refractory chronic cough or unexplained chronic cough in adults. In the CRL, the FDA concluded that Merck's application did not meet substantial evidence of effectiveness for treating RCC and UCC. The CRL was not related to the safety of gefapixant. Merck is reviewing the FDA's feedback to determine next steps. Chronic cough is defined as a cough lasting longer than 8 weeks. In adults with RCC, the cough persists despite appropriate treatment of underlying conditions such as asthma or gastroesophageal reflux disease, and UCC is a cough where the underlying cause cannot be identified despite a thorough evaluation. "We thank our clinical trial participants and investigators for their important contributions that add to the body of knowledge related to chronic cough and help to raise awareness about the significant unmet medical need and the impact of RCC and UCC on patients," said Dr. Joerg Koglin, senior vice president, global clinical development, Merck Research Laboratories. "Acknowledging the absence of any approved treatments for refractory or unexplained chronic cough, we are disappointed in the FDA's response to our application for gefapixant."
ADT

Hot Stocks

16:24 EST ADT announces EVP CFO Ken Porpora to depart, Likosar named interim - ADT announced that Ken Porpora, Executive Vice President and Chief Financial Officer CFO, will step down to become the Chief Executive Officer of a privately held HVAC and plumbing services provider. Porpora will depart the company at year end. Jeff Likosar, President, Corporate Development and Chief Transformation Officer, will serve as the interim CFO. Likosar previously served as the company's CFO from 2017 to 2022. ADT has begun the external search process of evaluating CFO candidates. "Ken has been a tremendous partner and an outstanding leader for ADT throughout his many successful years at our company," said Jim DeVries, ADT Chairman, President and CEO. "I'd like to express my gratitude to Ken for his stewardship and significant contributions to ADT."
ERNA

Hot Stocks

16:21 EST EternaAppoints Sanjeev Luther as President and CEO - Eterna Therapeutics has appointed Sanjeev Luther as President and Chief Executive Officer and a member of the company's Board of Directors, effective January 1. Mr. Luther will replace Matt Angel, Ph.D., the current President and Chief Executive Officer.
SHPW

Hot Stocks

16:20 EST Shapeways approves reduction in force - Shapeways announced that the board of directors of the company approved a reduction in force as part of the company's cost-reduction initiatives, initiated in the third quarter of this year, intended to reduce operating expenses. These initiatives included a previous reduction in force completed in October, a reduction of new hires, and a reduction in non-critical capital and discretionary operating expenditures. As a result of the cost reduction initiatives, the company reduced its current workforce by approximately 33 employees, representing approximately 24% of the company's global non-production workforce. The company currently estimates that it will incur one-time cash charges of approximately $0.45M in connection with the reductions in force, primarily consisting of notice period and severance payments, employee benefits, and related costs. The company expects that the majority of these charges will be incurred in the fourth quarter of 2023 and that the reduction in force will be substantially complete by the end of the first quarter of 2024, subject to notice periods, and local law and consultation requirements, which may extend the process beyond the end of 2023. The charges the company expects to incur are subject to assumptions, including local law requirements, and actual charges may differ from the estimate above. In aggregate, the reduction in force, combined with the elimination of certain open positions, is expected to result in approximately $6.2 million in annual cash operating expense savings. In addition, on December 20, 2023 (the "Date of Grant"), the Company granted inducement stock options covering an aggregate of 25,625 shares of Shapeways' common stock to 14 newly hired non-executive employees.
FWRD

Hot Stocks

16:10 EST Forward Air announces sale of Final Mile for $262M - Forward Air announces the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million. For the twelve months ended September 30, 2023, Final Mile generated approximately $289 million in revenue. Final Mile has approximately 45 locations and more than 640 employees that will transfer to Hub Group, Inc.
SSBK

Hot Stocks

16:09 EST Southern States renews $10M stock repurchase program - Southern States announced that its board of directors has approved the renewal of the company's $10M stock repurchase program, which currently expires on December 31. The renewed stock repurchase program authorizes the company to repurchase up to $10M of its common stock from January 1, 2024 through December 31, 2024.
IVA

Hot Stocks

16:07 EST Inventiva announces randomization of 1st patient in China in the NATiV3 trial - Inventiva announced that the first patient has been randomized in China in the global NATiV3 Phase III clinical trial and provided an update on its clinical development program. Following the randomization of the first patient in China, Inventiva is eligible to receive a $3M milestone payment from Chia Tai Tianqing Pharmaceutical Group or CTTQ . This would be the second of the two short-term milestone payments following the $2 M milestone payment from CTTQ received on July 19 under the license and collaboration agreement with CTTQ. Upon the anticipated receipt in January 2024 of this $3 M milestone, Inventiva is expected to have met all financial and operational conditions precedent required to draw the second EUR 25 M tranche under the finance contract with the European Investment Bank dated May 16, 2022. The Company expects to draw this second tranche in early 2024, following the issuance of warrants to the EIB as provided in the Finance Contract. Lanifibranor was granted Breakthrough Therapy Designation for NASH by China's National Medical Products Administration,NMPA. Similar to the U.S. Food and Drug Administration's FDA Breakthrough Therapy Designation, this designation is intended to accelerate the development and review of drugs for serious or life-threatening conditions. The NMPA granted "Breakthrough Therapy Designation" based on the results of Inventiva's Phase IIb NATIVE clinical trial. Inventiva believes that lanifibranor is the first drug candidate to receive "Breakthrough Therapy Designation" from both the FDA and the NMPA for the treatment of NASH.
PLAY

Hot Stocks

16:07 EST Dave & Buster's CFO Michael Quartieri to retire - Dave & Buster's announced that its CFO, Michael Quartieri, will be retiring from the company effective April 30, 2024. He will continue to serve as CFO until his successor is appointed and provide advisory services to ensure a transition prior to his retirement date. The company has retained a nationally recognized recruiting firm to conduct a search for this position.
BMRN

Hot Stocks

16:07 EST BioMarin announces governance enhancements, value creation initiatives - BioMarin Pharmaceutical announced several initiatives to enhance corporate governance and long-term shareholder value creation. The Board has approved the appointment of three new independent directors: Barbara Bodem, Athena Countouriotis, M.D., and Mark Enyedy effective December 27, 2023. With these appointments, the company's Board will temporarily expand to 15 directors before returning to 11 directors effective no later than the 2024 annual meeting of stockholders. BioMarin's Board has also established a new Strategic and Operating Review Committee to conduct a review of the company to maximize its long-term value, including a review of the company's business, strategy and operations, financial and capital allocation priorities, and long-term planning and priorities. The Strategic and Operating Review Committee will be chaired by BioMarin Board chair Richard A. Meier and will include president and chief executive officer Alexander Hardy, BioMarin director Maykin Ho, Barbara Bodem and Mark Enyedy. The committee will present its recommendations to the full Board. The company has also committed to holding an investor day in 2024. As part of this process and to facilitate collaboration with Elliott Investment Management L.P., one of BioMarin's largest investors, BioMarin has entered into a Cooperation Agreement with Elliott and agreed to customary standstill, voting, and other provisions. Additionally, Elliott has entered into an information-sharing agreement to allow for a dialogue between Elliott and the company.
MU

Hot Stocks

16:07 EST Micron up 4% at $81.70 after Q1 earnings beat, above-consensus guidance
FND

Hot Stocks

16:06 EST Floor & Decor announces grand opening of Allentown, PA store - Floor & Decor announced the grand opening of its sixth store in the Philadelphia Metropolitan Area, with the addition of its newest location in Allentown, Pennsylvania. Located at 1259 Whitehall Mall, the warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Ashley Eggleston, the store Chief Executive Merchant. "We're thrilled to announce our newest store location in Allentown," said Eggleston. "For more than two decades, Floor & Decor has had the opportunity to serve professionals and homeowners throughout the nation, and we are excited to expand our footprint yet again in Allentown with this new location. We look forward to becoming part of the community and welcoming our newest neighbors into our store and making their renovation journeys easier, inspired and more affordable."
QDEL

Hot Stocks

16:06 EST QuidelOrtho receives 510k clearance for Savanna PCR, HSV - QuidelOrtho Corporation has received 510k clearance from the U.S. Food and Drug Administration for its innovative Savanna PCR platform and Savanna HSV 1+2/VZV in vitro diagnostic test for the detection and differentiation of Herpes simplex virus type 1, Herpes simplex virus type 2 and Varicella-zoster virus nucleic acids isolated and purified from swabs obtained from cutaneous or mucocutaneous lesion specimens obtained from symptomatic patients. The clearance allows QuidelOrtho to market and sell the Savanna multiplex molecular platform and the Savanna HSV 1+2/VZV assay to laboratories performing moderate or high complexity diagnostic testing in the United States. "Our relentless pursuit of revolutionizing testing across the healthcare continuum has resulted in the achievement of another major milestone - the clearance of our Savanna platform and the Savanna HSV 1+2/VZV assay," said Douglas Bryant, President and Chief Executive Officer of QuidelOrtho. "We're truly differentiating diagnostics in the marketplace and allowing labs and healthcare workers to provide the quick diagnoses needed in critical situations."
MU

Hot Stocks

16:05 EST Micron reports Q1 gross margin 0.8% vs. 22.9% last year
MU

Hot Stocks

16:05 EST Micron sees Q2 gross margin 11.5%-14.5%
WBD PARA

Hot Stocks

16:04 EST Warner Bros. Discovery slides after report on Paramount merger talks - Shares of Warner Bros. Discovery (WBD) were down 6% near the close after Axios reported on the company's CEO meeting to discuss a possible merger with Paramount (PARA).
SLS

Hot Stocks

15:57 EST Sellas Life Sciences treatment of T-cell lymphoma granted orphan status - Sellas Life Sciences' treatment of T-cell lymphoma was granted FDA orphan status, according to a post to the agency's website. Reference Link
CFFI

Hot Stocks

15:39 EST C&F Financial announces share repurchase program for $10M - The board of directors of C&F Financial Corporation has authorized a program, effective January 1, to repurchase up to $10M of the Corporation's common stock through December 31 . Repurchases under the program may be made through privately negotiated transactions or open market transactions, including pursuant to a trading plan in accordance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and shares repurchased will be returned to the status of authorized and unissued shares of common stock. n.
TIO

Hot Stocks

14:57 EST Tingo Group says Dozy Mmobuosi temporarily stepped down as interim Co-CEO - Tingo Group announced that Mr. Dozy Mmobuosi has temporarily stepped down as Interim Co-Chief Executive Officer and Member of the Board of Directors in connection with an order sought by the Securities & Exchange Commission to prohibit him from acting as an officer or director of a public company. In addition, by mutual agreement with the company's Board of Directors, Mr. Mmobuosi will remain stood down until cleared of the allegations made against him. "Having completed a detailed investigation between June 2023 and August 30, 2023 into the allegations made against the Company by Hindenburg Research, which was carried out by the Company and legal counsel, the company intends to vigorously defend itself in relation to the SEC complaint. The company and its Board of Directors are in turn committed to undertaking further investigation and responding to the complaint, supported by leading legal counsel, while at the same time making every effort to protect the business and shareholder value and continuing to execute the company's growth plans. Tingo will continue to operate, serving the farming cooperatives, their farmer members, and the company's other customers, many of whom are heavily reliant on Tingo and its services in support of their daily activities. The company's other interim co-CEO, Mr. Ken Denos, will serve as its interim group CEO until further notice. In addition, the management of each group company will remain in their respective roles, with the aim of delivering business stability and continuity pending the outcome of this matter," the company stated.
DHIL

Hot Stocks

14:41 EST Diamond Hill Investment Group director Laird sells over $510K in shares - Director of Diamond Hill Investment Group Jame Laird disclosed the sale of 3,000 shares of company stock at $170.10 per share between December 18 and December 20, for a total transaction amount of $510,290.
MSFT

Hot Stocks

14:37 EST Kotick says Activision Blizzard 'could not be in better hands' with Microsoft - Activision Blizzard CEO Bobby Kotick sent a message to employees ahead of his final day at the company following the Microsoft takeover: "Forty years later, as my last day leading this company inches closer, I marvel at how far the talented people at our company have come toward realizing the great potential of games. You have transformed a hobbyist form of entertainment into the world's most engaging medium. It has been the privilege of my lifetime to work alongside you as we broadened the appeal of games. Perhaps the most important part of my job has been to help bring talented people together, provide the best resources possible, and foster an environment that encourages inspiration, creativity, and unwavering commitment to excellence. I cannot adequately express the pride I have in the people who continue to contribute to our success and all those who have helped throughout my 32 years leading this company. We are now part of the world's most admired company. That isn't an accident. Phil Spencer has appreciated the magic of ABK for decades. When he approached Brian and me two years ago and proposed acquiring the company, it was immediately obvious that the combination of our businesses would enable us to continue to lead as the list of capable, well-resourced competitors grows. Phil shares our values and recognizes our talents. He is passionate about our games and the people who make them. He has bold ambition. As we move into our next exciting chapter, you could not be in better hands. I will always be profoundly grateful to the people who contributed tirelessly to building this company and I am confident you will keep inspiring joy and uniting people through the power of play." Reference Link
ATVI

Hot Stocks

14:36 EST Bobby Kotick says Activision Blizzard 'could not be in better hands' with Micros - Activision Blizzard CEO Bobby Kotick sent a message to employees ahead of his final day at the company following the Microsoft takeover: "Forty years later, as my last day leading this company inches closer, I marvel at how far the talented people at our company have come toward realizing the great potential of games. You have transformed a hobbyist form of entertainment into the world's most engaging medium. It has been the privilege of my lifetime to work alongside you as we broadened the appeal of games. Perhaps the most important part of my job has been to help bring talented people together, provide the best resources possible, and foster an environment that encourages inspiration, creativity, and unwavering commitment to excellence. I cannot adequately express the pride I have in the people who continue to contribute to our success and all those who have helped throughout my 32 years leading this company. We are now part of the world's most admired company. That isn't an accident. Phil Spencer has appreciated the magic of ABK for decades. When he approached Brian and me two years ago and proposed acquiring the company, it was immediately obvious that the combination of our businesses would enable us to continue to lead as the list of capable, well-resourced competitors grows. Phil shares our values and recognizes our talents. He is passionate about our games and the people who make them. He has bold ambition. As we move into our next exciting chapter, you could not be in better hands. I will always be profoundly grateful to the people who contributed tirelessly to building this company and I am confident you will keep inspiring joy and uniting people through the power of play." Reference Link
TM

Hot Stocks

14:06 EST Toyota recalls certain 2020-2022 Toyota and Lexus vehicles regarding sensors - Toyota is conducting a safety recall involving certain 2020-2022 Toyota and Lexus models in the United States. Approximately 1 million vehicles are involved in this recall...The subject vehicles have Occupant Classification System or OCS sensors in the front passenger seat that could have been improperly manufactured, causing a short circuit. This would not allow the airbag system to properly classify the occupant's weight, and the airbag may not deploy as designed in certain crashes, increasing the risk of injury. For all involved vehicles, Toyota and Lexus dealers will inspect the OCS sensors, and, if necessary, replace them at no cost to owners. For all involved vehicles, Toyota will notify customers by the middle of February 2024. Reference Link
GOTU

Hot Stocks

12:00 EST Gaotu Techedu falls -10.4% - Gaotu Techedu is down -10.4%, or -41c to $3.54.
FDX

Hot Stocks

12:00 EST FedEx falls -11.1% - FedEx is down -11.1%, or -$31.13 to $248.87.
EWT

Hot Stocks

12:00 EST Shares MSCI Taiwan Index Fund falls -11.1% - Shares MSCI Taiwan Index Fund is down -11.1%, or -$5.53 to $44.05.
SCS

Hot Stocks

12:00 EST Steelcase rises 10.9% - Steelcase is up 10.9%, or $1.39 to $14.09.
SOS

Hot Stocks

12:00 EST SOS Limited rises 11.6% - SOS Limited is up 11.6%, or 46c to $4.38.
FRGE

Hot Stocks

12:00 EST Forge Global rises 17.1% - Forge Global is up 17.1%, or 58c to $3.97.
SONY

Hot Stocks

11:47 EST Sony's PlayStation 5 surpasses 50M units sold - Sony Interactive Entertainment announced the PlayStation 5 console has surpassed 50M units sold through to consumers as of December 9, 2023, about three years since its November 2020 launch. "Achieving this PS5 sales milestone is a testament to the unwavering support of the global PlayStation community and their passion for the incredible experiences created by the talented developers from PlayStation Studios and our partners," said Jim Ryan, President and CEO of Sony Interactive Entertainment. "We're grateful for all of our players who have joined the PS5 journey so far, and we're thrilled that this is the first holiday season since launch that we have a full supply of PS5 consoles - so anyone who wants to get one can get one."
RIOFF

Hot Stocks

11:36 EST Rio2 Limited secures environmental approval for Fenix Gold project - Rio2 reports that its wholly owned Chilean subsidiary, Fenix Gold Limitada, has been successful in being granted approval of its Environmental Impact Assessment for the construction and operation of its Fenix Gold Project located in the Atacama region of Chile. Rio2 welcomes the decision in Chile by the Committee of Ministers to approve the EIA for the Fenix Gold Project, which now allows the Company to advance the Project through statutory permitting, financing, and the currently planned recommencement of construction activities during 2024.
GD

Hot Stocks

11:34 EST General Dynamics Mission Systems-Canada awarded four C4ISR contracts - General Dynamics Mission Systems-Canada was awarded four contracts cumulatively valued at up to C$1.68B by the Government of Canada to support the Land Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance system for the Canadian Army. The four contracts for the Land Command Support System are: System of Systems Engineering & Integration; Core Network Sustainment Services; Applications Sustainment Services; and Intelligence, Surveillance, Target Acquisition, and Reconnaissance.
RELL

Hot Stocks

11:32 EST Richardson Electronics enters partnership with Integrated Power Services - Richardson Electronics announced a partnership with Integrated Power Services in North America. This partnership allows IPS to supply and install Richardson's patented ULTRA3000 pitch energy module to key customers in North America.
WGO

Hot Stocks

10:47 EST Winnebago sees 'relatively flat' retail environment in 2024 vs. 2023
SIRI

Hot Stocks

10:40 EST NY AG sues Sirius XM for 'trapping' consumers in 'unwanted' subscriptions - New York Attorney General Letitia James has sued SiriusXM Radio, Inc. for "trapping consumers in subscriptions and maintaining deliberately long and burdensome cancellation processes. An investigation by the Office of the Attorney General found that SiriusXM forces its subscribers to call or chat online with an agent to cancel a subscription, then deliberately draws out those interactions as part of its strategy to prevent subscribers from canceling. The OAG also found that the company trains its agents to not take "no" for an answer when customers try to cancel, making it extremely difficult and frustrating for consumers to end their subscriptions." Through this lawsuit, Attorney General James seeks restitution, penalties, and disgorgement from SiriusXM for violating New York's business laws. "Having to endure a lengthy and frustrating process to cancel a subscription is a stressful burden no one looks forward to, and when companies make it hard to cancel subscriptions, it's illegal," said Attorney General James. "Consumers should be able to cancel a subscription they no longer use or need without any issues, and companies have a legal duty to make their cancellation process easy. New Yorkers can trust that when companies like SiriusXM try to take advantage of them and violate the law, my office will step in to stop them." Reference Link
TNXP

Hot Stocks

10:35 EST Tonix Pharmaceuticals reports Phase 3 RESILIENT study met primary endpoint - Tonix Pharmaceuticals Holding announced that the Phase 3 RESILIENT study evaluating TNX-102 SL met its pre-specified primary endpoint in the second of two positive Phase 3 clinical trials, significantly reducing daily pain compared to placebo in participants with fibromyalgia. Statistically significant and clinically meaningful results were also seen in all key secondary endpoints related to improving sleep quality, reducing fatigue, and improving overall fibromyalgia symptoms and function. Additionally, as it relates to improving daily pain, treatment with TNX-102 SL showed a robust and clinically meaningful analgesic effect size of 0.38, with rapid onset of action, separating from placebo for each week of the study. TNX-102 SL was well tolerated with an adverse event profile comparable to prior studies, and no new safety signals were observed. Tonix plans to submit a New Drug Application to the U.S. Food and Drug Administration in the second half of 2024 for TNX-102 SL for the management of fibromyalgia. An estimated 6 million to 12 million U.S. adults are living with fibromyalgia, the majority of whom are women. TNX-102 SL is a tablet formulation containing 2.8 mg cyclobenzaprine HCl and is a novel, centrally-acting, non-opioid analgesic, designed to be taken once daily at bedtime for the management of fibromyalgia. RESILIENT was a 14-week randomized, double-blind, placebo-controlled trial of TNX-102 SL 5.6 mg, in which 457 participants with fibromyalgia were randomized in a 1:1 ratio to TNX-102 SL or placebo across 33 sites in the U.S. All participants received one 2.8 mg tablet of TNX-102 SL or placebo for the first 2 weeks, which was increased to two 2.8 mg tablets of TNX-102 SL or placebo for the remaining 12 weeks. In December 2020, Tonix reported positive results from the first Phase 3 RELIEF study of TNX-102 SL 5.6 mg for the management of fibromyalgia. The RELIEF study met its pre-specified primary endpoint, significantly reducing daily pain compared to placebo in participants with fibromyalgia, and showing activity in key secondary endpoints. The RESILIENT study achieved statistical significance on the pre-specified primary efficacy endpoint: change from baseline in the weekly average of daily diary pain severity numerical rating scale scores for TNX-102 SL 5.6 mgversus placebo, analyzed by mixed model repeated measures with multiple imputation. In addition, all pre-specified sensitivity analyses of the primary endpoint were statistically significant. The statistically significant improvement in pain is further substantiated when diary pain was analyzed by another standard statistical approach, a 30 percent responder analysis, with 45.9% on active and 27.1% on placebo having a 30 percent or greater reduction in pain. TNX-102 SL showed statistical significance on all six pre-specified key secondary efficacy outcome measures. Consistent with the proposed mechanism that TNX-102 SL acts in fibromyalgia through improving sleep quality, TNX-102 SL showed statistically significant improvement of sleep by two main measures. For the daily diary sleep quality ratings, improvement in sleep quality for TNX-102 SL was significantly greater than that of placebo. For the PROMIS Sleep Disturbance instrument, TNX-102 SL also demonstrated significantly greater improvement over placebo on T-scores. Fatigue is another cardinal symptom of fibromyalgia and has a major impact on quality of life. TNX-102 SL showed significant improvement over placebo on the PROMIS Fatigue instrument T-scores. The Fibromyalgia Impact Questionnaire - Revised is a 21-item self-rated instrument that assesses level of function, overall impact, and symptoms due to fibromyalgia, and the symptoms and function domains were key secondary endpoints in RESILENT. At Week 14 on the FIQ-R Symptoms domain, there was significantly greater improvement with TNX-102 SL than with placebo. Similarly, TNX-102 SL resulted in greater improvement on FIQ-R Function. Although not a key secondary efficacy endpoint, TNX-102 SL also separated from placebo on the FIQ-R Impact domain. These results, along with the robust effects on improving sleep and fatigue, suggests broad symptomatic coverage of the syndrome of fibromyalgia. In the RESILIENT study, TNX-102 SL was well tolerated and consistent with prior trials, with no new safety signals observed. Among participants randomized to the TNX-102 SL and placebo arms, 81.0% and 79.2%, respectively, completed the 14-week dosing period. As expected based on prior TNX-102 SL studies, administration site reactions were the most commonly reported adverse events and were higher in the TNX-102 SL treatment group. Hypoaesthesia oral and paraesthesia oral, or tongue and mouth numbness or tingling, product taste abnormal, and tongue discomfort were local effects nearly always temporally related to dose administration and transiently expressed in most occurrences. The only treatment-emergent adverse events that occurred at a rate of 3.0% or greater in either arm were these four oral adverse events, along with COVID-19, somnolence, and headache. Adverse events resulted in premature study discontinuation in 6.1% of those who received TNX-102 SL compared with 3.5% of placebo recipients. There were a total of seven serious adverse events in five patients, five of which were experienced by three patients in the placebo arm, and two of which were in the TNX-102 SL arm. Of the two in the TNX-102 SL arm, one was renal cancer, deemed unrelated to study drug, and the other was acute pancreatitis with onset 14 days after dosing was completed and reported as possibly related to study drug.
LQDA...

Hot Stocks

10:25 EST Liquidia rises after appeals court upholds decision in patent fight - Shares of Liquidia (LQDA) are higher in Wednesday morning trading after the United States Court of Appeals for the Federal Circuit affirmed a patent board decision related to the company's patent fight with United Therapeutics (UTHR). "We have considered UTC's remaining arguments and find them unpersuasive. For the reasons provided above, we affirm the Board's unpatentability determination," the court stated in a ruling posted to its website. Reference Link
LQDA...

Hot Stocks

10:16 EST Liquidia strength attributed to appeals court victory in patent fight - Shares of Liquidia (LQDA) are up $1.88, or 24%, to $9.76 in early trading, which Bloomberg attributes to an appeals court affirming a patent board decision related to the company's patent fight with United Therapeutics (UTHR).
CMCSA CMCSK

Hot Stocks

10:13 EST Xfinity hack affected 35.9M people, company says in filing - Comcast said in a filing with the Maine attorney general's office that the recent data breach at Xfinity affected 35.9 million people. Comcast previously said that it sent a notice to customers saying there was "unauthorized access to its internal systems" as a result of a vulnerability in software from cloud computing company Citrix, which is used by Xfinity. Reference Link
TECK

Hot Stocks

10:12 EST Teck Resources says Trail Carbon Capture Pilot Plant now operational - Teck Resources announced the Carbon Capture Pilot Plant at its Trail Operations in southern British Columbia is now operating and successfully capturing carbon dioxide. The Carbon Capture Pilot Plant separates CO2 from the Acid Plant flue gas at Trail Operations at a rate of one tonne per day and will operate through 2024 for testing and data collection purposes. Teck's Carbon Capture Utilization and Storage pilot project is also evaluating options for the utilization and/or storage of the captured CO2 at Trail Operations. The CCUS pilot supports Teck's Net-Zero Climate Change Strategy, including our goal to reduce the carbon intensity of our operations by 33% by 2030 and achieve net-zero emissions by 2050. Teck Trail Operations is also currently advancing the potential development of a large-scale electric vehicle battery recycling facility. Trail Operations' current recycling program includes lead batteries, zinc alkaline batteries, and cathode ray tube glass.
AON

Hot Stocks

10:00 EST Aon plc falls -7.2% - Aon plc is down -7.2%, or -$22.59 to $290.42.
FDX

Hot Stocks

10:00 EST FedEx falls -10.0% - FedEx is down -10.0%, or -$28.03 to $251.97.
EWT

Hot Stocks

10:00 EST Shares MSCI Taiwan Index Fund falls -11.0% - Shares MSCI Taiwan Index Fund is down -11.0%, or -$5.46 to $44.12.
TTC

Hot Stocks

10:00 EST Toro Company rises 9.4% - Toro Company is up 9.4%, or $8.43 to $97.66.
DESP

Hot Stocks

10:00 EST Despegar.com rises 10.8% - Despegar.com is up 10.8%, or 98c to $10.08.
BTCM

Hot Stocks

10:00 EST BIT Mining rises 12.3% - BIT Mining is up 12.3%, or 61c to $5.61.
KSCP

Hot Stocks

09:53 EST Knightscope enters contract with semiconductor test equipment supplier - Knightscope announces a new contract with a California supplier of semiconductor final-test, system-level test sockets and thermal control units for one 5th Generation K5 Autonomous Security Robot and two K1 Hemispheres. The K5 ASR will patrol the manufacturing floor indoors among high-end test equipment and supplies. One K1H will be monitoring the building's front entrance and the second K1H will keep watch on the rear area, which is adjacent to a regional airport. Upon evaluation of its first deployment, the client will review opportunities to expand the program to its 9 other US locations.
VSTE

Hot Stocks

09:52 EST Nabors Energy Transition Corp trading resumes
VSTE

Hot Stocks

09:47 EST Nabors Energy Transition Corp trading halted, volatility trading pause
BHVN

Hot Stocks

09:47 EST Biohaven falls -8.7% - Biohaven is down -8.7%, or -$3.35 to $35.01.
EWT

Hot Stocks

09:47 EST Shares MSCI Taiwan Index Fund falls -10.9% - Shares MSCI Taiwan Index Fund is down -10.9%, or -$5.38 to $44.20.
FDX

Hot Stocks

09:47 EST FedEx falls -10.9% - FedEx is down -10.9%, or -$30.61 to $249.39.
NGS

Hot Stocks

09:47 EST Natural Gas Services rises 5.9% - Natural Gas Services is up 5.9%, or 83c to $14.93.
BTCM

Hot Stocks

09:47 EST BIT Mining rises 9.6% - BIT Mining is up 9.6%, or 48c to $5.47.
TTC

Hot Stocks

09:47 EST Toro Company rises 13.2% - Toro Company is up 13.2%, or $11.77 to $101.00.
LQDA

Hot Stocks

09:45 EST Liquidia Technologies trading halted, volatility trading pause
ZJYL

Hot Stocks

09:45 EST Jin Medical International Ltd trading resumes
CELZ

Hot Stocks

09:39 EST Creative Medical Technology announces FDA clearance to begin Phase 1/2 trial - Creative Medical Technology Holdings reports the company has received clearance from the FDA to conduct a phase 1/2 clinical trial using their StemSpine treatment known as AlloStem "This study aims to determine the safety, efficacy and tolerability of CELZ-201-DDT, a proprietary, ready-to-use cell line developed by the company. The trial will focus on individuals with chronic lower back pain, providing them with an AlloStem injection surrounding the affected disc(s) using an ultrasound-guided, non-surgical procedure that is radiation-free. This delivery method aims to repair and remodel the surrounding tissue, improving the blood supply to the affected area and potentially alleviating the chronic pain symptoms experienced by the patient," the company stated. Timothy Warbington, CEO of Creative Medical Technology, said: "An estimated 20% of Americans suffer from chronic lower back pain, with many of these individuals relying on opioids as the standard of care for relief. With an opioid crisis in the United States, we believe that CELZ-201-DDT is potentially a more effective, sustainable, and safer non-surgical pain management option compared to opioids, and we look forward to advancing these studies."
BECN

Hot Stocks

09:37 EST Beacon opens five new locations - Beacon has opened new locations in Austell, GA, Marquette Heights, IL, Des Moines, IA, North Charleston, SC and Bastrop, TX to serve residential roofing, commercial roofing and waterproofing contractors. Beacon has opened 26 new locations and completed nine acquisitions in 2023.
CUEN

Hot Stocks

09:36 EST Cuentas intends to broaden real estate construction ventures in South Florida - Cuentas has officially announced its strategic intentions to broaden its real estate construction ventures in South Florida. This follows the success of its inaugural project in Palm Springs, Florida, where the Lakewood Village apartment buildings were meticulously crafted with a composite material and designed to endure the onslaught of a Category 5 hurricane, thereby ensuring durability while also minimizing construction costs. The decision comes at a pivotal time as the frequency and intensity of extreme weather events escalate due to climate changes affecting the planet. This vulnerability to hurricanes is particularly pronounced across the entire state of Florida, resulting in a surge in insurance rates and the need to build durable and low-cost housing. Looking forward, the anticipated reduction in mortgage interest rates in 2024 is poised to catalyze incentives for affordable, weather-resistant, and expeditious construction projects. Cuentas is gearing up to play a pivotal role as a direct developer and investor in the flourishing real estate market. Over the last five years, Florida's home values have skyrocketed by an impressive 80%, and a positive trajectory is forecast for the next half-decade. Tampa, distinguished as the top real estate market in 2022 by Zillow, has experienced noteworthy spikes in housing prices. Despite the prevailing seller-friendly conditions in the robust Florida market, the potential of lower mortgage rates may entice prospective buyers to make significant property acquisitions. Cuentas, which holds a majority stake in its Tampa project, is poised to break ground in 2024. Cuentas management's approach is guaranteed in a 10-year supply agreement with Renco USA, the trailblazing manufacturer of modular building technology. The plastic blocks break at 16,000 PSI, which is 10 times stronger than traditional concrete. There is no need to use specialized tools or heavy equipment, and the building flies up with a construction crew following a color-coded diagram while snapping together the pieces. Construction costs are 20 percent less expensive than traditional construction, leading to lower insurance rates.
ZJYL

Hot Stocks

09:35 EST Jin Medical International Ltd trading halted, volatility trading pause
CENX

Hot Stocks

09:35 EST Century Aluminum sees $55M-$60M in FY23 net income benefit from IRA - In a regulatory filing yesterday, the company disclosed that as part of the Section 45X guidance on the IRA production tax credit, it expects to recognize an initial FY23 EBITDA and net income benefit of $55M-$60M. Reference Link
PSHG

Hot Stocks

09:29 EST Performance Shipping signs shipbuilding contracts with CSTC, SWS - Performance Shipping announced that, through two separate wholly-owned subsidiaries, it has signed two shipbuilding contracts with China Shipbuilding Trading, CSTC, and Shanghai Waigaoqiao Shipbuilding, SWS, for the construction of two 114,000 DWT LNG-ready LR2 Aframax product/crude oil tanker vessels expected to be delivered in January and April of 2026, at a purchase price of US$64,845,000 per vessel, net of third-party commission. Commenting on the contracts, Andreas Michalopoulos, the Company's Chief Executive Officer, stated: "These shipbuilding contracts supplement the previous contract we entered into with SWS in March 2023 for a Tier III product/crude oil carrier scheduled for delivery around October 2025. The construction of these LNG-ready LR2 oil tankers, equipped with the latest high-specification engines and meeting stringent emission requirements, along with scrubbers and water ballast treatment systems, will take place at the largest and most reputable state-owned shipyard in China. Following the sale of our oldest, 2007 built, Aframax tankers, M/T P. Fos in October 2022 and M/T P. Kikuma in November 2023, the Company is now poised to take delivery of three identical "sister" vessels in late 2025 through early 2026."
VLCN

Hot Stocks

09:29 EST Volcon provides operational update for December - Volcon shared operational updates, including sales growth and an expansion of its distribution network during the holiday shopping season. The company has seen an increase in sales for its EVO and Volcon Youth Motorcycle lines as well as Brat e-bikes, attributing much of this success to effective holiday promotions and steady production advancements. Stag Model Update: The development of the Stag model has encountered some challenges, particularly with supply chain related issues. The company is working closely with vendors to ensure these issues are comprehensively addressed. Volcon is committed to releasing a product that meets the highest standards of quality, safety, and performance. Volcon will provide further updates once a final release date is determined. Holiday Sales: The EVO and Volcon Youth Motorcycles and Brat e-bikes have experienced growth in sales, buoyed by the season's promotional activities. This period has proven to be a critical time for Volcon ePowersports, showcasing the increasing popularity and demand for electric off-road vehicles. Promotional Success: The company's targeted holiday promotions for the Brat and Youth products have resulted in an increase in sales volume. These promotions have not only bolstered sales but also enhanced the brand's visibility and appeal among a broader range of consumers. Steady EVO Production and Americas Distribution: In a major operational milestone, the EVO model has achieved steady production and is now being shipped to a wide network of dealers and distributors across the Americas. This marks a pivotal step in Volcon ePowersports' commitment to providing accessible and innovative off-road electric vehicles. New Zealand Market Expansion: Expanding its global footprint, Volcon ePowersports has successfully introduced the Grunt EVO and Brat series into New Zealand. This expansion is a testament to the brand's growing international appeal and its capability to meet diverse market needs. Customer Purchase Advisory: With the holiday promotions nearing their end, Volcon encourages customers to promptly reach out to their local dealers to purchase these in-demand products. For assistance in locating or contacting a dealer, customers can directly contact Volcon for support. Quality and Safety Commitment: The company emphasizes its dedication to releasing products that adhere to stringent quality and safety specifications. The launch of the Stag will proceed only when the team is fully satisfied with the testing results, ensuring that customers receive a product that embodies the innovation and reliability of the Volcon brand.
PLXS

Hot Stocks

09:27 EST Plexus provides update on Unverified List designation - On December 19, 2023, Plexus Corp. learned that the U.S Department of Commerce placed its Xiamen, China subsidiary on the Bureau of Industry and Security's Unverified List. Companies appearing on the Unverified List are not barred from conducting business with the United States and their U.S. customers and suppliers. The company said, "Plexus maintains a robust export compliance program across all of its international operations and is not currently aware of any facts or circumstances meriting the designation. We are also working to understand and address BIS's questions and expedite Plexus Xiamen's removal from the Unverified List. Plexus remains committed to compliance with all applicable U.S. export control laws, and to working with BIS in a transparent, collaborative manner."
PODC LVO

Hot Stocks

09:26 EST PodcastOne acquires exclusive rights to podcast 'Was I In A Cult?' - PodcastOne (PODC), a leading podcast platform and a subsidiary of LiveOne (LVO), which owns ~80% of the PODC outstanding common stock, announced that is has acquired the exclusive distribution and sales rights to the critically acclaimed and award winning podcast, Was I In A Cult? from hosts Liz Iacuzzi and Tyler Measom who lend their own personal cultic experiences to the pod. "PodcastOne is thrilled to team with Liz and Tyler to reignite the fervor and phenomenon that surrounded Was I In a Cult? through their initial round of episodes. The cultural impact that this podcast had and the watercooler talk left a lasting impression in the world of podcasting, and we cannot wait to bring new episodes to listeners and to advertisers in 2024," said Kit Gray, President and Co-Founder of PodcastOne.
SAPX

Hot Stocks

09:26 EST Seven Arts enters co-production agreement to develop next feature film - Seven Arts Entertainment announced entry into a co-production agreement to develop its next feature film. The upcoming horror film will be co-produced with Madlor Films, THC Music & Films, Muse Media, along with several other anticipated production companies and studios still under negotiation. The parties have recruited actor and stuntman, Nick Principe, for the leading character of the film. Mr. Principe is best known for his role as "ChromeSkull" in the slasher films, Laid to Rest and its sequel, ChromeSkull: Laid to Rest 2. The producers further intend to employ both notable and obscure actors from an array of horror films as an homage to the genre while offering a modern story based around current technology. Pre-production and principal photography are expected to begin in Q1 2024 with locations in Atlanta and New York State. The Company will release the name of the film, promotional material, and further updates upon mutual agreement from all parties involved as they become available.
CLBT

Hot Stocks

09:25 EST Cellebrite announces nearly $1M agreement with one of top ten largest PDs - Cellebrite DI announced a nearly one-million-dollar agreement that significantly expands its relationship with one of the ten largest local police departments, PDs, in the United States. "With Cellebrite Pathfinder, connecting the dots in cases will be that much easier for this police department," says Marque Teegardin, President of Americas at Cellebrite. "Data never lies. Our innovative solutions help law enforcement agencies work smarter and faster to closer more cases faster and to accelerate justice. This deal is emblematic of the progress we have made this year to fortify and grow our relationships across state and local government in the United States. We take tremendous pride in our ability to understand the challenges that local law enforcement agencies face and deliver solutions with powerful features and functionality that directly address those pain points. We are so grateful for the great work law enforcement does every day and are proud to be a strong partner in accelerating justice."
HNRA

Hot Stocks

09:24 EST HNR Acquisition appoints Dante Caravaggio as CEO, president - HNRA announced that Dante Caravaggio has been named CEO and will join the Company's Board of Directors. In connection with the appointment of Mr. Caravaggio as CEO, President and member of the Company's Board of Directors, Diego Rojas resigned as the Company's CEO and member of the Board of Directors. Prior to joining HNRA, Mr. Caravaggio served as an executive on the leadership teams at KBR, Parsons Corporation, and Jacobs Engineering.
SLGC LAB

Hot Stocks

09:24 EST Skye Fund III issues letter regarding opposition of SomaLogic's proposed merger - Skye Fund III, which together with its affiliates, owns approximately 3.4 million shares of SomaLogic (SLGC), issued an open letter to the Company's shareholders regarding its opposition to the Company's proposed merger with Standard BioTools Inc. (LAB) and its intention to vote AGAINST the Proposed Merger at the upcoming special meeting of shareholders scheduled for January 4, 2024. "After reviewing both the Company's and Madryn Asset Management, LP's proxy materials with respect to the proposed merger between the Company and Standard BioTools, as well as other publicly available information, we conclude that the Proposed Merger is antithetical to the interests of SomaLogic shareholders. For this reason, explained in further detail below, we intend to vote AGAINST the Proposed Merger at the upcoming special meeting of shareholders scheduled for January 4, 2023. Please note that we are not activist shareholders and have never engaged in any proxy solicitation - but feel strongly that it is our duty to speak up in this instance in the interest of the Company's shareholders... the Proposed Merger - it grossly undervalues the potential of SomaLogic. An essential comparison is Olink Holding AB, a competitor that emerged a few years ago. Olink deployed technology originally developed by SomaLogic, and began introducing into European markets products similar to SomaLogic's. While the two companies were neck-and-neck in financial results in 2021, Olink was better managed and executed better thereafter, resulting in its current revenue exceeding SomaLogic's by more than 50%. In October of this year, Thermo Fisher Scientific Inc. announced its acquisition of Olink for $3 billion... However, it isn't just SomaLogic's revolutionary technology but the fact that SomaLogic has a strong, debt-free balance sheet with ample cash reserves of $450 million. We believe that SomaLogic's cash reserves are more than sufficient to develop the market for its products and pursue major commercial success... Yet, inexplicably, the Proposed Merger values SomaLogic at approximately $500 million. With cash reserves of $450 million, this means SomaLogic's revenue stream, technology, patent portfolio, customer base, industry reputation, commercial partnerships and knowledge are being valued at around $50 million. Considering that Olink sold for $3 billion, we believe that Standard BioTools's offer is absurdly low, manifestly unfair, and unjustified in many ways. We also agree with Madryn that there are several other concerning issues with the Proposed Merger... Finally, it would be one matter if Standard BioTools was an exemplary company with a spotless balance sheet and great prospects, but Standard BioTools' published results show flat revenue and net losses over eight years - no reason for optimism... For all of these reasons, Skye will be voting AGAINST the Proposed Merger. We believe that it offers no operational, strategic, or financial benefit to SomaLogic shareholders. Instead, we believe that the Board should focus on enhancing shareholder value, taking advantage of the ample opportunities SomaLogic currently has as a standalone company, and evaluating any corporate combinations with the interests of all of its shareholders foremost in mind."
COSM

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09:22 EST Cosmos Health to acquire license, rights for DIABIT-IS X drug - Cosmos Health announced that it has entered into a definitive agreement, subject to customary closing conditions, with a related party to acquire the license and rights for "DIABIT-IS X", a drug used in the treatment of type-2 diabetes. DIABIT-IS X is one the first generics to be launched in Europe following the European patent expiration in June 2024 of the branded "Januvia" owned by Merck. Januvia, along with its sister drug Janumet, generated combined global sales of $4.5 billion in 2022, and is approaching the expiration of its primary patent, held by Merck. In this context, Cosmos Health, as one of the first movers through the acquisition of DIABIT-IS X, is well-positioned to capture a significant share of the European market. DIABIT-IS X is a medicine that contains the active substance sitagliptin. It will be available in tablets to be used in patients with type-2 diabetes to improve the control of blood glucose levels. Type-2 diabetes occurs when the pancreas doesn't produce enough insulin or the body doesn't use insulin properly. DIABIT-IS X, containing sitagliptin, inhibits the breakdown of incretin hormones which stimulate insulin production after meals. Sitagliptin boosts insulin when blood glucose is high and doesn't activate at normal blood sugar levels. It also helps reduce liver glucose production, assisting in blood glucose regulation for type-2 diabetes management.
FNGR

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09:19 EST FingerMotion provides update on Sapientus subsidiary - FingerMotion provided an update on its Big Data subsidiary branded Sapientus. Highlights include the following: Big Data models are well positioned for commercialization in the coming year. Sapientus expects to engage more partners for commercial applications and expanded use cases. Existing partners are in the integration phase, gradually ramping up adoption, and are expected to transition to large scale commercialization phase in the next 2-3 years. Big Data product modules are evolving at an ever-increasing pace, with insurance modules expected to move beyond underwriting and risk management to sales and customer engagements. In addition, a growing number of modules that extend beyond insurance will be designed and structured if well aligned. As developmental milestones are reached from these innovations, the Company looks to move from per-usage charges to profit sharing and/or commission-based arrangements. The past year has been transformative to Sapientus - the proprietary analytic models have been collaboratively tested and validated with empirical insurance data. The studies have demonstrated a high degree of accuracy in their predictive value in tracking substandard cases which is pivotal in the enhancement of the overall insurance underwriting experience. Within the health insurance segment, the algorithms have empowered reinsurance providers with more flexibility to manage insurance portfolios and hopefully improve profitability. Extending beyond insurance, the analytical capabilities of these intelligent models should assist in identifying ideal customers with higher engagement levels. Looking ahead to 2024, Sapientus targets the following objectives: Steady expansion of services to reach larger audiences via new and innovated modules that are bespoken, leveraging ongoing partnerships and our integrated analytics platform; Additional re/insurer partnerships following positive receptive feedback from recent business summits; and Brokerage services and solutions, perhaps through acquisitions or partnerships, to broaden our market footprint and capture a greater scope of commercial opportunities.
VWAGY...

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09:18 EST Volkswagen, Audi, Porsche, Scout Motors to implement NACS for future products - Volkswagen (VWAGY), Audi (AUDVF), Porsche (POAHY) and Scout Motors announced planned implementation of the North American Charging Standard for future products in the North American region, beginning in 2025. To enable existing customers with a Combined Charging System charging port to access the Tesla Supercharger network-which would greatly expand charging provider choice-the brands are exploring adapter solutions for existing vehicles. This has the potential to expand customer charging access to more than 15,000 Superchargers. This is in addition to the more than 3,800 DC fast charging outlets currently in operation by Electrify America and Electrify Canada. Electrify America has already announced it will work to offer the NACS connector at charging stations by 2025 in North America, as well as continuing to support CCS. Volkswagen Group remains committed to improving the charging experience through open standards and interoperability.
PETQ

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09:18 EST PetIQ announces the launch of the Portable Calming Diffuser from SENTRY line - PetIQ has announced the launch of the Portable Calming Diffuser for Dogs and Cats from its SENTRY Calming line of pet care products. "With the holiday season upon us, now is the time to be thinking of how to help your pets feel calm and safe from loud noises, large crowds, and unfamiliar situations," said John Pearson, PetIQ's Executive Vice President, Services and Manufactured Products. "By helping to reduce stress-related issues, like chewing, marking and barking with dogs, or scratching, marking and meowing with cats, all pet parents can feel secure knowing that SENTRY(R) Portable Calming Diffuser uses safe and scientifically proven technology."
MSFT

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09:17 EST Chestnut Carbon announces multi-year offtake agreement with Microsoft - Chestnut Carbon, a nature-based carbon removal developer founded by private investment firm Kimmeridge Energy Management Company, announced that it has entered into a multi-year offtake agreement to provide Microsoft with high-quality, nature-based carbon removal derived entirely from a novel afforestation project based in the United States. This is the largest afforestation project certified under the Gold Standard to date, and a testament to the scalability of high-quality nature-based solutions. Through a first-of-its-kind 15-year offtake agreement for nature-based credits, Chestnut will deliver 362,000 tons of projected carbon removal from its Sustainable Restoration Project Phase I and up to 2.7M tons in aggregate across subsequent phases. Chestnut's differentiated focus on positive impact, verifiability and execution aligns with Microsoft's criteria for high-quality carbon removals. Chestnut is growing its capacity to 500,000 acres and 100 million tons of carbon removal in order to meet the increasing demand for high-quality, cost-effective carbon removal solutions by corporations and governments across the globe.
SCLX

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09:14 EST Scilex's ZTlido most prescribed non-opioid pain treatment by pain specialists - Scilex Holding announced that according to prescription data from Symphony Health, ZTlido is the most prescribed non-opioid, branded pain treatment prescribed by pain specialists. Total ZTlido NRx market share grew to 14.2% in October 2023, compared to 11.8% in October 2022 according to prescription data from Symphony Health.
MVLA

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09:13 EST Movella president, CEO Ben Lee to depart, Eric Salzman named interim CEO - Movella Holdings announced that Ben Lee, President and CEO, will be departing the Company to pursue other interests. Mr. Lee has resigned as President, CEO, and as a member of Movella's Board of Directors effective December 31, 2023. Consistent with the Board's established succession planning process, Eric Salzman, currently an independent board member, has been appointed as Interim CEO effective January 1, 2024. It is expected that Mr. Lee will serve as a consultant to the Company for a three-month period to ensure a seamless transition.
NRXS

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09:13 EST Neuraxis issues letter to shareholders - NeurAxis issued a letter to its shareholders. "I am pleased to take this opportunity to share the many developments that have occurred over the past 4 months and the future we envision for NRXS as we move into 2024. As we look back at the first 120 days since our IPO, we are very pleased with our accomplishments... We have now executed and delivered one of the strongest med-tech research publication portfolios in the industry. Our robust portfolio has led to numerous large insurance policy coverages even sooner than expected which has created an increase in revenues in the areas written policy coverage exists such as Massachusetts and Wisconsin. As we move into 2024, the strength of our publications has allowed us to schedule 10 major insurance company and policy decision meetings just in the first quarter... Regarding future opportunities, we are anticipating two new revenue opportunities to market in 2024. The first is for Functional Dyspepsia for children, which has a market opportunity of $2B and fits strategically with our current vertical as we are already calling on children's hospitals. We will be submitting for FDA clearance in Q1 2024. The second is for chronic constipation, through an agreement with the University of Michigan for the exclusive licensing of its innovative rectal expulsion device which also has a $2B market opportunity. This product will fuel the NeurAxis adult GI focus initiative... Key 4th Quarter Points of Interest: As we approach 10M covered lives for our existing product, we are confident that we will surpass our target of 75M covered lives by the end of 2024. Exceeded our goal of 12 publications by the end of 2023 by securing a total of 14. Having just announced CareFirst BCBS which goes effective January 1st, 2024, adding 3.5M lives, we continue to have great visibility into our insurance coverage pipeline which gives us confidence in realizing a significant revenue increase in 2024."
PFS LBAI

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09:11 EST Provident Financial, Lakeland Bancorp extend merger agreement - Provident Financial Services (PFS) and Lakeland Bancorp (LBAI) announced that the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to obtain the required regulatory approvals. Both parties remain committed to the merger and to obtaining regulatory approvals. When completed, the combined company will operate under the Provident name and will benefit from enhanced scale, opportunities for growth and profitability, and Provident's and Lakeland's complementary strengths will provide exceptional service to customers and communities served.
ADIL

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09:09 EST Adial Pharmaceuticals receives final reimbursement payment from Adovate - Adial Pharmaceuticals announced that on December 16, 2023, it received the final development cost reimbursement payment of $350,000 from Adovate under the terms of the final asset purchase agreement executed with Adovate for purchase of the assets and business of the Company's wholly owned subsidiary, Purnovate, Inc. Under the agreement, the Company is also eligible to receive up to approximately $11 million in development and approval milestones for each compound, as well as a total of $50 million in additional commercial milestones, for a total consideration of up to $83 million with potential milestone payments on additional compounds. Additionally, the Company will receive a low, single-digit royalty and acquired a 15% equity stake in Adovate. The FAA also provides for anti-dilution protection from future Adovate equity raises in order to maintain at least 15% ownership in Adovate. The anti-dilution protection expires upon Adovate receiving $4,000,000 in cumulative funding.
LRHC

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09:07 EST La Rosa Holdings acquires fourth real estate brokerage franchise - La Rosa Holdings has acquired a 51% interest in the Company's franchisee - La Rosa Realty Premier, located in Orlando, Florida. Realty Premier generated revenue of $2.7 million and had positive net income in 2022. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis.
IBEX

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09:06 EST Ibex appoints Jason Lockbaum as SVP, healthcare sales - ibex announced that healthcare sales veteran Jason Lockbaum has joined ibex as Senior Vice President, Healthcare Sales. Prior to joining ibex, he spent 15 years at Sitel and Teleperformance, where he partnered with payers, providers, life sciences, and medical device companies around the globe.
BCLI

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09:05 EST BrainStorm CEO issues letter to shareholders - Chaim Lebovits, President and CEO of BrainStorm Cell Therapeutics, issued the following letter to shareholders. "We remain steadfast in our commitment to advancing NurOwn as a promising treatment for ALS patients. Recognizing the challenges faced in our recent BLA submission, we are ambitiously pursuing a Phase 3b trial, aligning with our dedication to the ALS community and our goal of making NurOwn commercially available. Despite the setbacks with the ADCOM's unfavorable vote, our focus remains to align with the FDA on a phase 3b trial design, as we acknowledge that this represents the most expedient pathway to approval. We are exploring various strategies to secure the necessary funding. We intend to seek a Special Protocol Assessment, which, when agreed with the FDA, could significantly de-risk the regulatory aspects of the NurOwn program. We are very encouraged by the FDA's ongoing engagement, including the opportunity provided by the expedited in-person Type A meeting on December 6, a rare occurrence in today's regulatory environment. We appreciate the Agency's feedback, comments and other regulatory accommodations, signaling its recognition for the unmet need in ALS and its willingness to reach alignment with Brainstorm on our new clinical strategy. Our team is diligently preparing to submit a clinical protocol, and Statistical Analysis Plan, for the FDA's review. Following alignment with the FDA's expectations, we will formally submit our SPA request. We anticipate making this submission in February 2024. The FDA's response is expected within 45 days of submission. We believe that agreement on an SPA would open a broad spectrum of financing options for the trial. Concurrently, we are committed to maintaining our NASDAQ listing status. Our strategy focuses on enhancing the value of our assets, thereby garnering market support that is crucial for our stock price to reach its requisite level by April. We prefer this approach over a reverse stock split, as it aligns more closely with our long-term goals and shareholder interests. We thank you for your continued support. Your faith in our mission fuels our determination to overcome the recent challenges and ultimately deliver groundbreaking treatments that will help patients in need and create value for our stakeholders."
MULN

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09:05 EST Mullen Automotive says Mullen ONE receives CARB certification - Mullen Automotive announces the achievement of a key commercial EV milestone with its all-electric Class 1 cargo van. The Mullen ONE received certification from the California Air Resources Board as a zero-emission vehicle in the state of California. The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. To date, a total of 15 states and the District of Columbia follow CARB regulations. The Mullen ONE previously received a certificate of conformity from the Environmental Protection Agency on Nov. 2, 2023, permitting sales in the majority of U.S. states. California as well as 14 other states and District of Columbia have adopted vehicle standards under Section 177 of the Clean Air Act, which requires additional approvals beyond EPA regulations. Having received credentials from CARB and the EPA, Mullen can now sell the Mullen ONE in every state throughout the U.S.
TNXP

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09:04 EST Tonix Pharmaceuticals trading halted, news pending
MKSI

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09:04 EST MKS Instruments commits to reduce Scope 1, 2 carbon emissions by 42% by 2030 - MKS Instruments has committed to reduce its combined Scope 1 and 2 emissions by 42% by 2030 from its 2022 baseline, according to criteria established by the Science Based Targets initiative. MKS is also continuing to evaluate the Scope 3 emissions targets best suited to its business. Once MKS determines its Scope 3 emissions targets, MKS will submit all of these climate goals to SBTi to be validated against SBTi guidance.
CART

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09:03 EST Instacart, Fairway Market launch 'Fairway Now' home delivery service - Instacart and Fairway Market announced the launch of "Fairway Now," a new fast home delivery service powered by Instacart that lets Fairway Market customers access last-minute groceries and household essentials in as fast as 30-minutes. The service is available today from the Chelsea and Upper East Side locations, and will be available from all four Fairway Market stores in Manhattan in the coming weeks.
LBAI PFS

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09:02 EST Lakeland Bancorp, Provident Financial extend merger agreement - Provident Financial Services (PFS) and Lakeland Bancorp (LBAI) announced that the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to obtain the required regulatory approvals. Both parties remain committed to the merger and to obtaining regulatory approvals. When completed, the combined company will operate under the Provident name and will benefit from enhanced scale, opportunities for growth and profitability, and Provident's and Lakeland's complementary strengths will provide exceptional service to customers and communities served.
ERJ

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09:01 EST Embraer to double service center capacity in U.S. - Embraer announced that it is doubling its maintenance service capacity in the United States, to support the continued growth of its executive jets' customer base through the addition of three Executive Aviation Maintenance, Repair and Overhaul facilities in Dallas Love Field, TX, Cleveland, OH, and Sanford, FL. Embraer will also substantially increase its Mobile Response network by 28 teams, and enlarge its capabilities including access to interior services, paint, and component repairs as part of this expansion. Service at these locations is set to begin in the second quarter of 2024. Embraer currently has three owned U.S.-based service centers dedicated to its executive jet customers located in Mesa, AZ, Melbourne, FL, and Fort Lauderdale, FL. Further, the company has 24 authorized service centers for its executive jets across the USA.
LPLA

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08:56 EST LPL Financial: Stephen Freeman joins Citizens Wealth Management - LPL Financial announced that financial advisor Stephen Freeman has joined Citizens Wealth Management, the wealth management and financial planning division of Citizens Bank & Trust, and has onboarded to the LPL Institution Services platform. He reported having served approximately $130 million in advisory, brokerage and retirement plan assets and joins from Raymond James.
SYTA

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08:55 EST Siyata Mobile receives order for SD7 Handsets from regional university - Siyata Mobile received an order from a top-ranked regional university located in the Midwest for its SD7 Push-to-Talk handsets and related accessories. This is the Company's first order from a higher education institution, expanding its presence beyond local school districts in the education vertical. The order is expected to be delivered before year end, 2023.
LQR

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08:53 EST LQR House initiates warrants cancellation, will postpone public offerings - LQR House has declared a significant step by cancelling representative warrants to bolster shareholder confidence. The Company is also committing to a hiatus on offerings and capital raises, redirecting its efforts toward expanding its e-commerce presence and cultivating marketing partnerships. With approximately $8 million in cash reserves, LQR House believes that the Company can preserve cash flow, sustain business growth, and prioritize profitability.On December 16, 2023, LQR House and designees of EF Hutton entered into several agreements to cancel EF Hutton's representative warrants to purchase a total of 9,335,696 shares of the Company's common stock. These warrants had been issued to EF Hutton designees in three public offerings of the Company's common stock completed since August 11, 2023, with exercise prices ranging from $5.00 per share to $0.07 per share, encompassing all outstanding warrants of the Company. In consideration for the cancellation, LQR House agreed to compensate EF Hutton designees a total of $60,000. Given the current business environment, LQR House has also opted to delay further offerings and capital raises at this time, choosing instead to explore ventures that may enhance Company's value. This strategic decision aligns with the Company's dedication to prudent financial management and long-term value creation for its shareholders.
RDHL

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08:50 EST RedHill Biopharma: Opaganib, RHB-107 show 'robust synergistic effect' in study - RedHill Biopharma announced that its two novel, oral host-directed investigational drugs, opaganib and RHB-107, demonstrated robust synergistic effect when combined individually with remdesivir, significantly improving viral inhibition while maintaining cell viability, in a new U.S. Army-funded and conducted Ebola virus in vitro study. "These encouraging in vitro results for opaganib and RHB-107 show a distinct synergy in terms of viral inhibition while maintaining cell viability, when either is added to remdesivir, with opaganib showing the greatest synergistic effect in combination with remdesivir," said Jeffrey Kugelman, Ph.D., Major, US Army MSC, Branch Chief Synthetic Biology & Surveillance, Molecular Biology Division, U.S. Army Medical Research Institute of Infectious Diseases, who led the bioinformatics analysis of the study. "The results suggest that opaganib and upamostat may have potential or use in combination with direct antiviral agents, such as remdesivir, to improve treatment outcome, increasing efficacy while maintaining safety." Utilizing a checkerboard design to test the study compounds in combination, the study cell lines were pretreated and then infected with Ebola virus. The cells were fixed, washed and subjected to immunofluorescence staining using a virus-specific antibody. The raw data for the combination was analyzed to determine synergistic, additivity or antagonistic effects on viral inhibition while taking into account cell viability. Twice daily administered opaganib has previously demonstrated benefit in late-stage clinical studies of patients hospitalized with moderate to severe COVID-19 and was selected by the NIH Radiation and Nuclear Countermeasures Program for Acute Radiation Syndrome development. RHB-107 successfully met its U.S. Phase 2 study primary endpoint of safety and tolerability and delivered promising efficacy results, including marked reduction in hospitalization due to COVID-19. RHB-107 was recently accepted for inclusion in the ACESO PROTECT adaptive platform trial for early COVID-19 outpatient treatment. The 300-patient PROTECT Phase 2 RHB-107 arm, fully funded by non-dilutive external funding sources including the U.S. government[4], has received FDA clearance to start, with the first patient expected to be enrolled in the coming weeks. The study is being conducted in the U.S., Thailand, Ivory Coast, South Africa and Uganda, and is estimated to be completed by end of 2024.
SJI

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08:49 EST SJI, Captona, RNG Energy to construct food waste-to-RNG facility in the U.S. - SJI remains committed to investing in projects to advance the clean energy and decarbonization goals of New Jersey and our region. SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas projects in the United States. The Linden Renewable Energy Project, based in Linden, NJ will convert organic waste into pipeline-quality RNG that can be used for a variety of applications to displace fossil fuels. This marks SJI's first non-utility led anaerobic digester project that will directly connect its utility customers with a New Jersey-based RNG producer. Elizabethtown Gas, one of SJI's primary utility subsidiaries, will blend the RNG from the Project into its existing natural gas distribution system. The LRE Project will accept a wide range of feedstock, including food waste from industrial, commercial, and institutional entities, as well as grease waste from restaurants and other food service establishments. Anaerobic digestion is a natural process that breaks down waste in the absence of oxygen to produce natural gas and a nutrient-rich material that can be used as fertilizer. As a result, the LRE Project will convert up to 1,475 tons of waste to produce up to 3,783MMBtu/day of RNG-this is the energy equivalent value of 30,200 gallons of gasoline per day. The LRE Project includes development and construction of multiple off-site food waste pre-processing and depackaging operations in New York City, New York State and New Jersey. The project will begin construction this month with a target completion date of Q1 2026.
BCTX

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08:44 EST BriaCell reports preliminary survival, clinical benefit in ADC refractory subset - BriaCell Therapeutics reports preliminary survival and clinical benefit data in a new subset of advanced breast cancer patients treated with BriaCell's Bria-IMT regimen: patients that have developed resistance to Antibody-Drug Conjugates. ADCs have significantly advanced cancer therapy in the past few years; however many patients experience serious side effects and others develop resistance to ADCs; therefore, their medical needs remain unmet. BriaCell Clinical Data in ADC Refractory Patients: Bria-IMT Combined with an Immune Check Point Inhibitor: In a subset of BriaCell's ongoing Phase 2 study, clinical data of 23 advanced metastatic breast cancer patients who failed prior treatments with ADCs were analyzed. Four patients had prior treatments with KADCYLA; 13 had prior treatments with ENHERTU, 13 with TRODELVY, of which 7 of these patients were treated with multiple agents. In addition, 7 of these 23 patients had also failed prior treatment with immune checkpoint inhibitors. Heavily pre-treated metastatic breast cancer patients had a median number of 6 prior treatments. Kaplan-Meier analysis showed median overall survival that was up to twice that reported in the literature, with some patients recording survival of over a year. Disease control rate of 40% was observed in evaluable patients further indicating clinical benefit. Progression free survival was similar or better than that of the patients' prior therapy in 40% of patients, highlighting clinical benefit and tolerability of the Bria-IMT regimen. 17 of 23 patients remain alive as of today, suggesting efficacy, tolerability, and survival benefit of BriaCell's Bria-IMT regimen. The data will continue to mature as patients remain on the study. All patients received BriaCell's therapy with no toxicity related discontinuations. Importantly, there were no cases of Interstitial Lung Disease with Bria-IMT - a well-documented serious side effect of ADCs.
BKTI

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08:40 EST BK Technologies appoints Joshua Horowitz as chairman of the board - BK Technologies Corporation announced that the Board of Directors has elected Joshua Horowitz as Chairman. Mr. Horowitz was elected to the Board of Directors by the Company's stockholders at the 2023 Annual Meeting of Stockholders on December 14, 2023. Mr. Horowitz succeeds previous Chairman, Kyle Cerminara, who has stepped away from the BK Technologies Board to focus on other endeavors. Prior to his election to the Board of Directors, Mr. Horowitz served as an adviser to the BK Technologies Board since November 2021. Since January 2012, Horowitz has served as a portfolio manager and Managing Director at various Palm entities, first with Palm Ventures LLC and currently with Palm Management.
TNON

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08:38 EST Tenon Medical participates in immersive webinar physician training programs - Tenon Medical announced participation in two recent immersive physician webinar training programs featuring the Company's Catamaran SI Joint Fusion System. Dr. Matthew Davies, from Orthopedic Associates of Duluth in MN led the training programs discussing his clinical experience with the system in over 50 Catamaran procedures as well as providing a demonstration of the simple inferior-posterior implantation technique of this unique transfixing SI joint implant. Utilizing the Immertec 2D and 3D immersive training platform the dynamic Catamaran teaching environment attracted over 60 health care providers. The program featured discussion on proper patient selection and diagnosis of a SI joint patient, procedural outcomes and the advantages of the novel Catamaran Fixation Device and its less invasive approach and fusion capabilities as compared to other techniques.
CAUD

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08:37 EST Collective Audience announces formation of the Advisor Collective - Collective Audienc has formed the Advisor Collective, a new strategic advisory community designed to advance the company's mission of transforming the AdTech, MarTech and digital media industry. Collective members will include industry executives with decades of leadership experience. "Our new Advisor Collective will bring together a community of industry titans, disruptors, and thought leaders who share our vision of creating a next generation advertising and media platform," stated Collective Audience CEO, Peter Bordes. "They will function as a 'think-tank' or TED Talks group to hyper collaborate on solving the issues and challenges brands and agencies face in today's highly fragmented digital ad and marketing space-from the death of the cookie to fragmentation between buyers, sellers, audiences, and walled gardens-all further compounded by lack of liquidity, innovation and access to audience data."
KRNY

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08:37 EST Kearny Financial repositions portion of investment securities portfolio - Kearny Financial announced the repositioning of a portion of its investment securities portfolio. As part of the Company's ongoing strategy to realign its balance sheet for the prevailing economic and interest rate environment, the Company executed the sale of $122.2 million of its available-for-sale debt securities, yielding 3.22%, with a weighted average remaining life of 8.2 years. The sale resulted in an estimated after-tax loss of $12.9 million and is expected to have a nominal impact on tangible book value, as the loss was previously reflected in capital via accumulated other comprehensive loss. Proceeds from the sale were utilized to retire higher-cost wholesale funding and to reinvest into loans yielding current market rates. The transaction is expected to be immediately accretive to net interest income. In executing this transaction the Company has achieved a number of strategic objectives, including: The retirement of higher-cost wholesale funding, which provides for additional liquidity and balance sheet flexibility; The liquidation of $78.9 million of COVID-era investment securities, yielding 1.75%, which are expected to underperform alternative assets in a variety of interest rate scenarios; and The liquidation of $37.1 million of floating-rate investment securities, reducing balance sheet sensitivity to the short end of the yield curve.
DXC

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08:36 EST DXC Technology names Raul Fernandez as Interim President and CEO - DXC Technology announced that the company's Board of Directors has named Board member Raul Fernandez Interim President and CEO, effective immediately. Fernandez brings a wealth of executive and operational experience in the technology and investment sectors to the position. He has served as CEO of several companies including Proxicom, which he founded, Dimension Data North America and ObjectVideo. Fernandez succeeds Mike Salvino, who served as DXC President and CEO since 2019 and as Chairman since 2022 and provided leadership for a significant restructuring of the Company's operations and balance sheet. In mutual agreement with the Board, he will transition from his role as Chairman of the Board, effective immediately, and will remain in an advisory role until March 31, 2024 to help ensure a seamless transition. Additionally, DXC Lead Independent Director David Herzog has been named Chairman of the Board, to work closely with Fernandez during this time. The Board will conduct a search for a successor CEO, which will include internal and external candidates.
RSLS

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08:35 EST ReShape engages Maxim Group to identify M&A partnership alternatives - ReShape Lifesciences announced that it has engaged Maxim Group LLC, to act as the Company's exclusive financial advisor to identify potential strategic merger and acquisition partnership alternatives. The Company does not have a defined timeline for such a transaction and cannot provide any assurance whether or when any transaction will be announced or consummated.
SRM

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08:35 EST SRM Entertainment launches new retail website for SipWithMe brand - SRM Entertainment announced the launch of their SipWithMeCup.com retail website. The website provides an enhanced user experience while it highlights the Company's in-house marketing team capabilities with new photos and product illustrations.
HBT

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08:34 EST HBT Financial announces authorization of new $15M stock repurchase program - HBT Financial announced that its Board of Directors has approved a new stock repurchase program that takes effect upon the expiration of the Company's current stock repurchase program on January 1, 2024. The Company will not execute additional repurchases under the current program after January 1, 2024. The new Program authorizes the Company to repurchase up to $15 million of its common stock.
WKHS

Hot Stocks

08:34 EST Workhorse Group receives first fleet order for W56 step van - Workhorse Group announced it has received its first fleet order for the W56 step van from Mission Linen Supply. The initial 15-vehicle order is expected to be delivered in 2024. "This purchase order marks an important milestone for Workhorse as we commercialize our purpose-built Class 5/6 vehicle," said Workhorse CEO Rick Dauch. "Following the start of W56 step van production in September, we were able to deliver a fully outfitted demo vehicle to Mission Linen Supply in just six weeks. The W56 performed well in field tests and their team quickly saw that we have engineered an incredibly capable and reliable delivery van. We look forward to working with both our dealer partner, Kingsburg Truck Center, and the team at Mission Linen Supply as they electrify their fleet."
HYLN

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08:34 EST Hyliion Holdings announces stock repurchase program of up to $20M - Hyliion Holdings announced that its Board of Directors has authorized a stock repurchase program of up to $20M of the Company's issued and outstanding common stock, par value $0.001 per share. "The initiation of a stock repurchase program underscores our confidence in the potential of KARNO's innovative generator technology and in our ability to complete development and delivery of initial units next year," stated Thomas Healy, Founder and CEO of Hyliion. "Our strong capital position affords us the opportunity to further enhance value for our shareholders, particularly at a time when we believe the market has yet to fully value the Company's potential." Hyliion recently announced that it is winding down its powertrain operations while concentrating future efforts on development of the KARNO generator. The Company reported $324M of cash and investments at the end of September 2023 and projected a year-end balance of approximately $285M after completing most powertrain wind down activities. Hyliion expects to begin initial paid deployments of the KARNO generator in late 2024 and projects cash spending of approximately $40M for the year. R
ASND

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08:33 EST Ascendis Pharma announces new analyses from OLE portions of ACcomplisH - Ascendis Pharma announced new analyses from the blinded and ongoing open-label extension, OLE, portions of ACcomplisH, the Company's Phase 2 trial of TransCon CNP in children ages 2-10 years with achondroplasia. In the trial, all 57 patients have now completed one year of treatment with TransCon CNP at 100 microgram/kg/week, the dose agreed with regulatory agencies for the active arm in the pivotal ApproaCH Trial. Ascendis analyzed available data for patients who only received TransCon CNP at the 100 microgram/kg/week dose in either blinded or OLE part and were treated for one year, compared to those administered placebo for one year. Results showed that these TransCon CNP treated patients showed significant improvements in health-related quality of life and disease impacts compared to those receiving placebo. Assessments were performed with the SF-10 and Achondroplasia Child Experience Measure, with statistically significant improved outcome in TransCon CNP treated versus placebo for: SF-10 Physical Summary; ACEM Daily Living Function; ACEM Emotional Well-being. The 46 children switching from placebo or a lower dose of TransCon CNP to the 100 microgram/kg/week dose in the OLE demonstrated improved growth after one year of treatment, similar to the growth benefits seen in the 11 children treated with 100 microgram/kg/week in the one-year randomized, double-blind period of ACcomplisH.
SPT

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08:31 EST Sprout Social announces promotion of Boyce to CTO - Sprout Social announced the promotion of Alan Boyce to Chief Technology Officer, CTO. In this role, he will oversee Sprout's global technology, engineering, IT and compliance organizations. Aaron Rankin will remain at Sprout Social as Co-Founder focused on supporting the executive team and the strategic direction of the Company, and will continue to serve on Sprout Social's Board of Directors. Boyce joined Sprout in 2010 as the first platform engineer after the founding team.
ARGX

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08:29 EST Argenx down 25% in pre-market after failed efgartigimod study data - Shares of Argenx are down 25% or about $112 at $340 after the company disclosed that its ADDRESS study evaluating efgartigimod subcutaneous, or SC, in adults with pemphigus vulgaris, or PV, and pemphigus foliaceus, or PF, did not meet its primary endpoint.
LMGIF NOK

Hot Stocks

08:25 EST Lumine to acquire Nokia's Device Management, Service Management Platform units - Lumine Group (LMGIF) announced that, through one of its wholly-owned subsidiaries, it has entered into a definitive agreement to acquire the Device Management and Service Management Platform businesses from Nokia (NOK). This will mark Lumine Group's second carve-out transaction with Nokia. Device Management and Service Management Platform are primarily the result of two previous acquisitions by Nokia, namely Motive and mFormation. Following the acquisition, Lumine Group will restore the Motive brand as the new corporate entity for the Device Management and Service Management Platform solutions as a stand-alone business unit within Lumine Group. Under the terms of the agreement, Lumine Group will acquire Nokia's Device Management and Service Management Platform businesses for a total purchase price of up to EUR 185 million euros, which includes a contingent consideration of up to EUR 35 million euros based on the performance of the business during the first year following close. This transaction is expected to close in Q1 2024 and is subject to customary closing conditions.
PPBT...

Hot Stocks

08:22 EST Purple Biotech appoints Margolin to board, announces resignation of CBO - Purple Biotech (PPBT) announced the appointment of Dr. Yael Margolin as an independent member of the Company's Board of Directors. Since 2019, Dr. Margolin has served as a board member to several public and private companies in the healthtech industry, including: Point Biopharma Global (PNT), Scinai Immunotherapeutics (SCNI), Quris AI, MakeSense, Neovac, Welltech Ventures, Ramot at Tel Aviv University and TAU Ventures by Tel Aviv University. In addition, Purple announces that Fabien Sebille, who served as the Company's Chief Business Officer, CBO, resigned from such position to pursue other opportunities as of the end of November 2023.
GIL

Hot Stocks

08:22 EST Gildan says Chamandy had no intention of abiding by agreed succession plan - The Chairman of the Board of Directors of Gildan Activewear and the Board's Committee Chairs issued an open letter to shareholders, which read in part, "We are writing to you today to clarify the record as to why the directors of Gildan recently came to the unanimous decision to remove Glenn Chamandy as CEO and to outline the path forward under our new CEO Vince Tyra. We give Mr. Chamandy all the credit he rightly deserves for co-founding Gildan Activewear and respect that he built it into a successful public company. Throughout much of his 20-year tenure as CEO he drove exceptional growth and value creation. Over the last four years, however, Mr. Chamandy has struggled to find additional avenues of long-term organic growth. Over the last two years, the Board's trust and confidence in Mr. Chamandy eroded gradually as we worked to hold him accountable for delivering the next chapter of the company's long-term growth strategy as well as the development of his people. It is the Board's view that it was time to explore searching for a leader who could better discharge these critical responsibilities for the future. The Board's decision to hire a new CEO is based on our joint responsibility to see that Gildan is well positioned for future success. The business has grown in scale and complexity and the challenges and opportunities that lie ahead call for a new leader with new ideas and different skills. The Board has had a robust succession process underway for nearly two years. It was planned, deliberate and professionally run, the exact way that a responsible public company should approach succession. The Board and Mr. Chamandy agreed to this formal three-year CEO succession plan in December 2021. In January 2022, we hired a leading executive search firm to begin the process of conducting a search for a new CEO, including both internal and external candidates. By September 2023, the search had narrowed to a shortlist of candidates and Vince Tyra was selected by the Board as CEO on December 10, 2023. And while Mr. Chamandy had agreed to follow the original succession timeline, he later worked to entrench himself as CEO. The most glaring example of that was his October 2023 proposal to the Board that we should actively pursue, within weeks, high-risk and highly dilutive multi-billion-dollar acquisitions that would shift Gildan away from its core area of manufacturing experience. In addition, his request was to stay on as CEO for several more years to implement such plan. If the Board did not approve his timing, he told us repeatedly that he would leave the company in the near-term and sell all of his shares. We now know that Mr. Chamandy had no intention of abiding by the agreed succession plan...Vince is the right person to lead Gildan to the next stage of its evolution and we look forward to his engaging with our stakeholders. We are also proud that Chris Shackelton, Co-Founder and Managing Partner of Coliseum Capital Management, has accepted our invitation to join our Board. Coliseum has committed to support Gildan's Board and to grow its position with the hope of becoming Gildan's largest shareholder."
NOK LMGIF

Hot Stocks

08:21 EST Nokia announces deal to sell DM, SMP businesses to Lumine - Nokia (NOK) announced an agreement under which Lumine Group (LMGIF) will buy Nokia's Device Management and Service Management Platform businesses. The deal will enable Nokia DM and SMP customers to benefit from Lumine's telecom industry expertise, financial resources, and strategy to invest in a long-term product roadmap. The Deal marks further progress in Nokia's strategy to actively manage its Cloud and Network Services business group portfolio in order to invest in other strategic areas and enhance technology leadership. The deal is valued at EUR 185 million, which includes a contingent consideration of up to EUR 35 million based on the performance of the business during the first year following close. The deal is expected to close in the first quarter of 2024, subject to certain terms, conditions, and consultations with works council or other employee representative bodies where required by law.
SVRE

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08:19 EST SaverOne 2014 to acquire assets, operations of Micronet, terms not disclosed - SaverOne 2014 Ltd. announced that it has signed a term sheet for the strategic acquisition of certain operations, products and IP of Micronet Ltd., a developer of advanced telematics systems cameras and Driver Monitoring Systems. Upon closing of this acquisition, it will broaden SaverOne's product portfolio and customer base, and is expected to accelerate SaverOne's go-to-market strategy in the U.S. market. Micronet Ltd. is a publicly traded company on the Tel Aviv Stock Exchange, under the ticker MCRNT. SaverOne's management expects the acquisition of the Micronet Ltd. operations and assets that are to be acquired, will be immediately accretive to SaverOne following the closing. The final deal terms are expected to be closed after concluding a due-diligence process. The majority of the consideration for the operations and assets will be contingent payments, related to the acquired operation's performance. In addition, SaverOne will assume all Micronet Ltd.'s prior obligations towards its customers, mainly including product warranties, customer service, returns, repairs, etc., and SaverOne will be compensated by Micronet Ltd. in future in connection with the provision of these services. The deal is expected to be signed and close in early 2024.
INTR

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08:18 EST Inter&Co announces new brand to reflect company's evolution - Inter&Co has a new brand to reflect the company's evolution. Three years after its last rebranding, the institution is unveiling a new logo, consolidating its position as a financial Super App and a smarter financial choice for more than 30 million clients in Brazil and the United States. The new branding aim to support the company's business plan to reach 60 million customers by 2027, achieving an efficiency rate of 30% and a return on equity of 30% during the same period. The company's official website is already live with the updates and a new version of the Super App is available for download. Both have the brand's more modern look and feel. "In 2015, we launched Brazil's first digital bank and transformed people's relationship with banks and the financial system by offering a fairer alternative. Looking to the future, we want to break down more barriers and change the way people deal with money. The financial Super App is the solution we have found to fulfill this goal, as well as bringing Inter's main attributes: we connect our customers with the digital world and offer the best tools for them to use money in a smarter way," says Inter&Co's CEO, Joao Vitor Menin.
POLA

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08:18 EST Polar Power announces contract award from UNHCR to provide nano grid in Africa - Polar Power announces a contract award from the United Nations High Commissioner for Refugees, UNHCR, to provide a nano grid for one of its offices in Africa. The pilot project is designed to demonstrate the reliability, durability, and low operating costs of Polar Power's nano grid technology to provide uninterrupted, quality electric power in bad-grid locations throughout the world. Arthur Sams, CEO of Polar Power commented, "This initial contract provides us with a unique opportunity to demonstrate the reliability and efficiency of our technology, and to show its benefits in regions where the grid is bad or non-existent. The difficulties that current backup systems incur are the momentary loss power and high operating costs. Consider the moment that grid power is lost, the AC backup generator starts, warms up and then switches online to power the loads. Even power interruptions for milliseconds can cause servers and computers to fail, resulting in reduced office productivity with data loss and downtime as computers reboot. Our technology solves these problems by eliminating the switch-over from grid to backup generator. Polar's solution has the inverter on 100% of the time, the battery feeding the energy to the inverter, and the utility grid and DC generator charging the battery as needed."
EOLS

Hot Stocks

08:17 EST Evolus in 'dermal fillers' licensing pact with Symatese in stock and cash deal - Evolus announced it has entered into a definitive agreement with Symatese to be the exclusive distributor in the United Kingdom U.K and Europe of four unique dermal fillers in late-stage development with anticipated regulatory clearances in second half of 2024 and commercialization under the brand name Estyme fillers in 2025. It is the second agreement made with Symatese this year - with the first obtaining exclusive distribution rights to the same product line in the U.S., where it will be commercialized under the brand name EvolysseTM in 2025. As a result of the geographic expansion of the filler line, the company has doubled its total addressable international market to $1.8B..."We are extremely excited to expand our partnership with Evolus beyond the U.S. to now include the U.K. and Europe. We firmly believe in the growth opportunity for our innovative filler lines in these markets and also in Evolus' accelerating growth in the neurotoxin market. As such, we have agreed to receive payment for the license for the European markets in the form of Evolus' common shares. We have complete confidence in the Evolus team, and we look forward to pursuing this exceptional growth opportunity together," said Jean-Paul Gerardin, CEO of Symatese. In exchange for the exclusive distribution rights in the United Kingdom and Europe, Evolus will issue 610,000 shares of the company's common stock to Symatese. Two milestone payments will be made: EUR 1.2M on the second anniversary of certain regulatory approvals currently expected to be achieved in 2026, and EUR 1.9M on the earlier of the third anniversary of certain regulatory approvals or following a year in which Evolus achieves EUR 25 M in revenue in Europe, currently expected to be achieved by 2027, both of which will be after the commercialization of the applicable products. This agreement has no material impact on the company's continued expectation to be fully funded to profitability by 2025. Evolus will also pay Symatese a mid-single-digit royalty based on net sales and a transfer price for the product. Symatese will be responsible for the development of the products, including clinical studies, product testing and the conduct of regulatory activities required to obtain and maintain all necessary regulatory approvals. The initial agreement is for a term of 15 years, with automatic five-year renewal provisions.
SONY

Hot Stocks

08:17 EST Sony fined EUR 13.5M by French antitrust authority for abusing dominant position - Following a referral from Subsonic, a French manufacturer of video game controllers, the Autorite has fined Sony for abusing its dominant position in the market for the supply of video game controllers for PlayStation 4 consoles for more than four years. The fine, amounting to EUR 13,527,000, is imposed jointly and severally on three subsidiaries and the parent company of the Sony group. "Sony's use, from November 2015, of technical countermeasures, allegedly implemented to combat counterfeiting, which affected the proper functioning of third-party video game controllers, regularly leading to them being disconnected during console operating system updates... Second, an opaque licensing policy, which in several cases prevented rival companies that wanted to market PS4-compatible controllers from joining the OLP partnership programme, which is the only way for third parties to obtain an official licence and unique identification numbers. The Autorite found that by refusing to communicate the OLP access criteria to manufacturers who requested them, Sony applied the criteria in a discretionary manner, even though access to the programme was the only way to avoid disconnections." Reference Link
DARE

Hot Stocks

08:16 EST Dare Bioscience announces PK, exploratory efficacy results from DARE-PDM1 study - Dare Bioscience announced positive topline results from the Phase 1 study evaluating the pharmacokinetics, PK, safety, and exploratory efficacy of DARE-PDM1. DARE-PDM1 is an investigational product designed to deliver diclofenac, a nonsteroidal anti-inflammatory drug, NSAID, vaginally via the company's proprietary hydrogel to treat primary dysmenorrhea, which is defined as painful menstruation in women with normal pelvic anatomy. DARE-PDM1 has the potential to be a first-in-category product, delivering diclofenac in a convenient vaginal format that may extend the duration of pain relief and reduce the risks associated with the oral delivery of NSAIDs. "We are encouraged by these data which indicate that our candidate, DARE-PDM1, was well-tolerated and safe for premenopausal women in both treatment groups," said Dr. Annie Thurman, Medical Director of Dare Bioscience. "The most common interventions for primary dysmenorrhea include oral NSAIDs and hormonal contraceptives, which often can produce undesirable side effects such as an increased risk of gastrointestinal adverse events, including nausea, vomiting, bloating, or ulcerations. These topline Phase 1 data indicate that by leveraging a vaginal route of administration, we can provide a more convenient and accessible treatment option for women that addresses the pain-related symptoms of the condition while minimizing side effects commonly seen with the use of oral medications."
DYNDF

Hot Stocks

08:16 EST OneMove Capital decreases ownership in Dye & Durham - OneMove Capital disposed of ownership and control over 75,000 common shares of Dye & Durham on December 19, 2023, pursuant to sales made through the facilities of the Toronto Stock Exchange at a price of $15.10 per Common Share, for aggregate gross proceeds to OneMove of $1,132,500. Prior to the completion of the Sale, OneMove owned and exercised control over 5,515,876 Common Shares. The Common Shares owned and controlled by OneMove immediately prior to the Sale represented an aggregate of approximately 10.05% of the then-outstanding Common Shares. Immediately following the completion of the Sale, OneMove owns and exercises control over 5,440,876 Common Shares. The Common Shares owned and controlled by OneMove immediately following the Sale represent an aggregate of approximately 9.91% of the outstanding Common Shares, resulting in a decreased ownership of approximately 0.14% of the outstanding Common Shares. The Sale was undertaken by OneMove for investment purposes. OneMove intends to review its investment on a continuing basis. Depending on various factors, OneMove may in the future purchase or sell securities or engage in other activities relating to the Company.
RDVT

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08:15 EST Red Violet announces additional $5M share repurchase authorization - Red Violet announced that on December 19, 2023, its Board of Directors authorized the repurchase of an additional $5.0 million of the Company's common stock. The authorization is effective immediately and is additive to the previous $5.0 million program, which had approximately $500,000 remaining authorized and available for repurchase as of December 19, 2023. Since the Board's authorization of the previous $5.0 million share repurchase program on May 2, 2022, the Company has repurchased $4.5 million of its common stock at a weighted average price of $18.78. "With continued confidence in our business, our pipeline, and our ability to deliver strong free cash flow, the Board of Directors and management team believe that the Company's share repurchase program, in combination with the Company's continued investment in innovation, is an important component of delivering shareholder value," stated Derek Dubner, red violet's Chairman and CEO.
LIAN

Hot Stocks

08:14 EST LianBio announces departure of CFO Larson, Gu appointed interim CFO - LianBio announced that Yi Larson, Chief Financial Officer, CFO, has resigned from LianBio to pursue other opportunities, effective December 19, 2023. In connection with her departure, the LianBio Board of Directors has appointed Ehong Gu, current VP, Head of Global Finance, as Interim Chief Financial Officer.
ENLV

Hot Stocks

08:13 EST Enlivex Therapeutics completes enrollment in Phase II trial of Allocetra - Enlivex Therapeutics announced that the Company completed enrollment of all 120 patients in its Phase II trial of Allocetra in patients with sepsis. The Phase II trial is a placebo-controlled, randomized, dose-finding, multi-country, multi-center study, evaluating frozen-formulation Allocetra in addition to standard of care in patients with sepsis associated with pneumonia, biliary, urinary tract, or peritoneal infections. Sepsis is a life-threatening disease with no therapies approved by the U.S. Food and Drug Administration and a high unmet need. Each year, more than 1.7 million adults in the United States develop sepsis, with annual mortality of more than 270,000 due to the disease.
AMC

Hot Stocks

08:13 EST AMC Entertainment launches candy line - AMC Theatres announced that beginning this week and for the first time in its 103 year history, an all-new line of AMC-branded premium gourmet chocolate candies - AMC Cinema Sweets - is available to moviegoers at AMC concession stands throughout the United States.
MYGN

Hot Stocks

08:13 EST Myriad Genetics announces launch of MCRR - Myriad Genetics announced the launch of the Myriad Collaborative Research Registry, MCRR. Formerly known as the Precise Treatment Registry, the MCRR includes new data across germline and tumor testing results from Myriad's cancer products on more than one million patients. The latest enhancements make the MCRR one of the largest pan-cancer registries freely available for research use and supports transparent clinical data sharing to advance the field. The Institutional Review Board, IRB, approved registry expands access to Myriad's extensive repository of linked genomic and clinical data for researchers to discover deeper insights and accelerate the pace of precision cancer research to better prevent, detect, and treat disease.
EOLS

Hot Stocks

08:12 EST Evolus in 'dermal fillers' licensing pact with Symatese in stock and cash deal - Evolus announced it has entered into a definitive agreement with Symatese to be the exclusive distributor in the United Kingdom U.K and Europe of four unique dermal fillers in late-stage development with anticipated regulatory clearances in second half of 2024 and commercialization under the brand name Estyme illers in 2025. It is the second agreement made with Symatese this year - with the first obtaining exclusive distribution rights to the same product line in the U.S., where it will be commercialized under the brand name EvolysseTM in 2025. As a result of the geographic expansion of the filler line, the company has doubled its total addressable international market to $1.8B..."We are extremely excited to expand our partnership with Evolus beyond the U.S. to now include the U.K. and Europe. We firmly believe in the growth opportunity for our innovative filler lines in these markets and also in Evolus' accelerating growth in the neurotoxin market. As such, we have agreed to receive payment for the license for the European markets in the form of Evolus' common shares. We have complete confidence in the Evolus team, and we look forward to pursuing this exceptional growth opportunity together," said Jean-Paul Gerardin, CEO of Symatese. In exchange for the exclusive distribution rights in the United Kingdom and Europe, Evolus will issue 610,000 shares of the company's common stock to Symatese. Two milestone payments will be made: EUR 1.2M on the second anniversary of certain regulatory approvals currently expected to be achieved in 2026, and EUR 1.9M on the earlier of the third anniversary of certain regulatory approvals or following a year in which Evolus achieves EUR 25 M in revenue in Europe, currently expected to be achieved by 2027, both of which will be after the commercialization of the applicable products. This agreement has no material impact on the company's continued expectation to be fully funded to profitability by 2025. Evolus will also pay Symatese a mid-single-digit royalty based on net sales and a transfer price for the product. Symatese will be responsible for the development of the products, including clinical studies, product testing and the conduct of regulatory activities required to obtain and maintain all necessary regulatory approvals. The initial agreement is for a term of 15 years, with automatic five-year renewal provisions.
WGO

Hot Stocks

08:12 EST Winnebago down 6% in pre-market at $70.52 after Q1 earnings miss
GMBL

Hot Stocks

08:11 EST Esports Entertainment announces 1-for-400 reverse stock split - Esports Entertainment Group announced that its Board of Directors has approved a 1-for-400 reverse stock split of the Company's common stock, par value $0.001). The reverse stock split will become effective at 4:01 PM ET on December 21, 2023. The Common Stock is expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market under the same symbol "GMBL" when the market opens on December 22, 2023, with the new CUSIP number 29667K603. The reverse stock split was approved by the Board of Directors in accordance with Nevada law, under which no stockholder approval is required. As a result of the reverse stock split, every 400 shares of common stock issued and outstanding as of the effective date will be automatically combined into one share of common stock with no change in the $0.001 par value per share. The reverse stock split will reduce the number of outstanding shares of Common Stock from approximately 426 million to approximately 1.065 million shares and also proportionately reduce the number of authorized shares of Common Stock from 500 million to 1.25 million shares. The company said, "In order to raise capital to maintain compliance with minimum equity listing requirements, we intend to seek stockholder approval to increase the number of authorized shares of common stock at our annual shareholders meeting."
ARDX

Hot Stocks

08:11 EST Ardelyx reports employee inducement grants - Ardelyx announced that on December 18, 2023, the compensation committee of the company's board of directors granted sixteen new non-executive employees options to purchase an aggregate of 257,119 shares of the company's common stock, and granted eighteen new non-executive employees an aggregate of 201,981 Restricted Stock Units. Each stock option has an exercise price per share equal to $6.28 per share, which was the closing trading price of the company's common stock on the date of grant. The stock options and RSUs were granted as inducements material to each employee's decision to enter into employment with Ardelyx, in accordance with Nasdaq Listing Rule 5635(c)(4). Each stock option vests over four years, with 25% of the shares vesting on the first anniversary of the employee's first date of employment, and the remaining 75% of shares vesting monthly thereafter. Each RSU vests over four years, with 25% vesting on the first company designated quarterly RSU vest date following the first anniversary of the employee's first day of employment and the remaining 75% of shares vesting quarterly thereafter. Each stock option has a 10-year term and each option and RSU is subject to the terms and conditions of the company's 2016 Employment Commencement Incentive Plan and the award agreement covering the grant.
WGO

Hot Stocks

08:11 EST Winnebago sees RV market conditions improving in mid-late 2024 - The company states: "Despite continued pressure from macro headwinds, the outdoor recreation market is largely performing in-line with near-term expectations and Winnebago Industries' innovation engine continues to develop and deliver products that anticipate and exceed the expectations of discerning customers across the outdoor lifestyle market. We expect our consistent focus on bringing the highest quality and most innovative products to the market at a variety of price points, will position Winnebago Industries to grow our market share and outperform expectations as the market recovers and levels of consumer confidence rise. We remain optimistic that the current cycle of RV dealer destocking is approaching its conclusion, and that market conditions in both retail and wholesale could begin to see improvement in mid to late calendar year 2024. Going forward, we will remain nimble and intentional as we prudently monitor and adapt in response to shifting market conditions, with a focus on profitability, maintaining competitiveness, further securing a preferred market position for our esteemed premium brands and making strategic investments to drive future growth."
WIMI

Hot Stocks

08:11 EST WiMi Hologram adopts group intelligence algorithm for artificial neural network - WiMi Hologram Cloud adopted a group intelligence algorithm to optimize the artificial neural network. This algorithm facilitates the process of determining the network structure and the training of the artificial neural network. The group intelligence algorithm is better at finding the optimal connection weights and biases during training compared to traditional algorithms. The group intelligence algorithm is a meta-heuristic optimization algorithm inspired by observing the behavioral patterns of groups of animals and insects as their environment change. These algorithms use the simple collective behavior of certain groups of biological organisms to generate group intelligence. This allows group intelligence algorithms to solve complex optimization problems using the interaction between groups of artificial search agents and the environment. Group intelligence algorithms can solve different types of optimization problems, including continuous, discrete or multi-objective optimization problems. Therefore, they have a wide range of applications in various fields.
GRRR

Hot Stocks

08:10 EST Gorilla expands global presence, establishes new distribution company in Egypt - Gorilla Technology announces the establishment of its new distribution company Gorilla Distribution Partners in Egypt, marking a significant milestone in the company's global expansion strategy. The decision to set up operations in Egypt comes as part of Gorilla's commitment to meeting the growing demand for leading IT hardware & software solutions in the broader Middle East region. Jay Chandan, Chairman & CEO of Gorilla Technology Group, commented, "We are witnessing exciting times ahead, as the IT distribution landscape undergoes a transformative shift, from the middle position of a two-tier model to the central role in an ecosystem model. We are committed to lead the technology distribution ecosystem in the region by embracing and understanding the dynamic changes taking place. The establishment of Gorilla Distribution Partners locally extends our capabilities to be at the forefront of fostering the transformative technology growth and seizing first opportunities in Egypt and the Middle East region. Adaptation is the key to thriving in this dynamic environment."
TCON

Hot Stocks

08:09 EST Tracon Pharmaceuticals provides update on ENVASARC Phase 2 trial - TRACON Pharmaceuticals announced that the ongoing pivotal Phase 2 ENVASARC trial has enrolled more than 70 of the 80 planned patients in Cohort C of single agent envafolimab treatment at a dose of 600 mg subQ every three weeks. Additional safety and efficacy data were reviewed for 46 patients enrolled into cohort C who were the subject of the September independent data monitoring committee review. At that time, patients had completed a minimum of 12 weeks of efficacy evaluations and the objective response rate was 13% by investigator review and 8.7% by blinded independent central review. Since then, an additional patient has achieved an objective response by investigator review, which increased the ORR by investigator review to 15%. The most recent objective response has not yet been confirmed by BICR and the patient remains on treatment. Median duration of response by BICR remains greater than six months. In addition, envafolimab remains well tolerated and grade greater than 3 related toxicity has not been reported to date. "We continue to believe that these data position envafolimab to become a potentially compelling treatment option for patients with the refractory sarcoma subtypes of UPS and MFS based on the ORR and tolerability data to date," said Charles Theuer, M.D., Ph.D., TRACON's Chief Executive Officer. "ENVASARC enrollment continues to be brisk, reflecting the high unmet need that exists for these patients."
TLRY

Hot Stocks

08:09 EST Tilray's Alpine Beer announces return of 'Windows Up' IPA - Alpine Beer announced the return of its renowned 'Windows Up' India Pale Ale , a complex West-Coast style IPA featuring bright tropical and citrus aromas followed by resiny pine and dank notes. Initially released in 2016, Windows Up won the hearts of IPA lovers with its harmonious blending of Mosaic and Citra hops that are well balanced by a malt bill of oats and wheat. Piney aromas mingle with grapefruit, lemon, lime, and berry notes, with complexity added by a lingering resinous presence and creamy mouthfeel. The beer pours a hazy golden straw color with a thick white foam.
RLYB

Hot Stocks

08:07 EST Rallybio announces data for RLYB11, extends runway to Q325 - Rallybio announced preliminary Phase 1 multiple ascending dose or MAD, data for RLYB116, an innovative, long-acting, low volume subcutaneously injected inhibitor of complement component 5 C5 , in development for patients with complement-mediated diseases. "The preliminary results from this Phase 1 multiple ascending dose study of RLYB116 support continued development in patients with gMG," said Eric Watsky, M.D., RLYB116 Program Lead for Rallybio. "We are encouraged by the free C5 reductions demonstrated by RLYB116 as well as the exposures achieved with subcutaneous administration...The Company is also updating its cash runway guidance and now expects its current cash, cash equivalents and marketable securities to extend the runway into the third quarter of 2025. "We are pleased to see substantial reductions in free C5 with once weekly subcutaneous dosing of RLYB116," said Stephen Uden, M.D., Chief Executive Officer of Rallybio. "The Phase 1 MAD data show us that RLYB116 can be a potential therapeutic to treat gMG and other complement mediated diseases. In the spirit of managing our cash runway to realize the most value from our portfolio, we have decided to focus our RLYB116 investments on the manufacturing process with a goal of expanding the scope of therapeutic indications and addressing unmet medical need. In parallel, we continue to advance our lead program, RLYB212, and have extended our runway into the third quarter of 2025."
LIPO

Hot Stocks

08:07 EST Lipella Pharmaceuticals summarizes year with strategic progress, key milestones - Lipella Pharmaceuticals celebrates its first anniversary as a publicly traded entity. Based in Pittsburgh, PA, the Company has made substantial strides over the past year, achieving critical milestones and advancing its pipeline with three clinical indications and two orphan drug designations granted. A highlight of the year includes the successful completion of a Type C meeting with the U.S. Food and Drug Administration focused on the clinical program for LP-10, Lipella's leading drug candidate for the treatment of hemorrhagic cystitis. Jonathan Kaufman, CEO of Lipella, expressed his satisfaction with the meeting's outcome, noting, "The FDA's feedback from our recent Type C meeting gives us a clear path forward into 2024. Our planned Phase-2b trial for LP-10 will involve 36 subjects in a double-blind, placebo-controlled study, focusing on the treatment's impact on gross hematuria." Further bolstering its portfolio, Lipella has secured FDA approval for its Investigational New Drug application for a Phase 2a multicenter trial of an oral rinse formulation of LP-310, targeting Oral Lichen Planus. With central Institutional Review Board approval in hand, the Company is in the process of selecting study sites for this trial. Additionally, Lipella's LP-310 has been granted orphan drug designation for the treatment of oral graft-versus-host disease with tacrolimus. The Company is poised to submit a Phase 2a IND for this indication in the first quarter of 2024.
NKLA

Hot Stocks

08:07 EST Nikola, FirstElement Fuel announce 10-year agreement - Nikola and FirstElement Fuel have formalized a definitive 10-year agreement to refuel Nikola's hydrogen fuel cell electric truck at FEF's hydrogen refueling station in Oakland, Calif. This collaboration unifies their commitment to driving the widespread adoption of hydrogen fuel cell electric vehicles and marks a significant step towards a greener and more sustainable tomorrow. Under this strategic partnership, FEF is appointed as an authorized Nikola Fueling Solutions Partner. This collaboration enables Nikola customers to access fueling services at the new FEF multi-use heavy-duty truck station situated strategically near the port in Oakland, Calif. The station, which uses FEF's proprietary design, anticipates a fueling capacity of approximately 200 trucks per day, and will boast the world's first heavy-duty truck H70 fast-fill lane for efficient hydrogen refueling. The station received funding from the California Energy Commission under the NorCal Zero Project. This agreement aligns seamlessly with Nikola's initial truck launch strategy, concentrating on the deployment of its zero-emissions trucks in areas adjacent to Maritime Ports throughout Calif. and serves as the first of many partner stations to come.
SBUX

Hot Stocks

08:07 EST Starbucks shareholder SOC comments on labor-related announcements - The Strategic Organizing Center, or SOC, a shareholder of Starbucks, addressed the recent series of labor-related announcements and statements issued by the company. Previously, on November 21, the SOC announced it had nominated three director candidates - Maria Echaveste, Joshua Gotbaum and Wilma Liebman for election to the Starbucks board of directors at the upcoming 2024 annual meeting of shareholders. The SOC is a coalition of labor unions, including the Service Employees International Union, or SEIU. The SOC-affiliated unions represent more than 2.3M union members. The SOC stated: "Since the SOC made clear its intention to nominate directors for election to Starbucks' Board at the upcoming Annual Meeting, the Company has issued numerous announcements related to its purported commitment to improving relations with its employees. These have included the formation of a new Board committee, a public letter to Workers United seeking to reengage negotiations and a letter to shareholders regarding the proposal that received majority support at the 2023 Annual Meeting of Shareholders asking for a report on Starbucks' labor practices. While the optimistic view would be to see some of these steps as encouraging, the reality is that we will only be able to judge their significance based on what the current Board does, not what it says. The timing of this flurry of activity is also not a coincidence. While we recognize some of these announcements may have been in the works prior to the Company becoming aware of the SOC's decision to put forward directors, we believe this level of response, in the aggregate, represents a clear acknowledgment that the Board's oversight of its human capital strategy has been severely misguided and that even Starbucks recognizes that change is needed. Notably, Starbucks' own report, released on December 13, 2023, states that the Company did not understand or give consideration to its labor rights commitments in the context of recent organizing. The report repeatedly references Starbucks' weak governance during the emergence of union organizing activity in 2021 and contains myriad examples of the Company's actions allegedly taken in opposition to workers' organizing, which resulted in adverse Administrative Law Judge decisions. Ironically, on the same day as the report's release, the National Labor Relations Board ("NLRB") - the federal agency responsible for protecting workers' rights - issued a complaint alleging that Starbucks unlawfully closed 23 union and non-union stores across the country.2 The NLRB ordered the Company to immediately reopen these stores and make workers whole, among other measures. Since November 2021, the NLRB has issued over 120 complaints against Starbucks, covering about 420 charges of violating federal labor law. We believe the current Board's failure to properly oversee the Company's response to these and other human capital-related issues has directly increased operational, legal and reputational risks for Starbucks over the past several years. If Starbucks and its Board are truly serious about repairing the relationship with the Company's workers and beginning to undo the damage to the value of its brand, the SOC believes our candidates have the experience to help. Our nominees - Maria Echaveste, Hon. Joshua Gotbaum and Wilma Liebman - can bring fresh perspectives and the right experience enhancing human capital management practices, facilitating constructive outcomes for labor issues and successfully engaging with policymakers and regulators. These are the skillsets urgently needed on the Board to help safeguard the best interests of Starbucks' shareholders, customers and employees. For more on our nominees, including their full biographies, see here. Ultimately, we hope the Board is sincere about wanting to strengthen 'Starbucks' governance framework' and reset its relationship with its employees.3 However, as the Company's own actions make clear, the status quo is not working."
CCI

Hot Stocks

08:07 EST Crown Castle enters cooperation agreement with Elliott Investment Management - Crown Castle announced a comprehensive review of the Company's fiber business and the addition of two new independent directors to the Company's Board. The initiatives were announced in connection with a cooperation agreement with Elliott Investment Management L.P., pursuant to which Crown Castle will appoint Jason Genrich, Senior Portfolio Manager at Elliott, and Sunit Patel, former Chief Financial Officer of Level-3 Communications and Executive Vice President of T-Mobile, to the Company's Board of Directors. In connection with today's appointments, W. Benjamin Moreland and Maria M. Pope will be stepping down from the Board. As a result, the Board will be comprised of 12 directors, 11 of whom are independent. As previously announced, Jay Brown will step down as a Director of the Company, effective January 16, 2024. The agreement with Elliott also contains customary standstill, voting and other provisions. The full agreement between Crown Castle and Elliott will be filed on a Form 8-K with the Securities and Exchange Commission, and the charter for the new Fiber Review Committee will be available on Crown Castle's website.
LGVN

Hot Stocks

08:06 EST Longeveron announces new clinical, biomarker results from Phase 2a CLEAR MIND - Longeveron announces additional new clinical and biomarker results from its Phase 2a CLEAR MIND trial of its investigational product Lomecel-B for the treatment of mild Alzheimer's disease. The expanded data set reinforced the earlier top-line findings showing that the primary safety endpoint was met and provided further support for Lomecel-B's positive benefit/risk profile. Additional analysis of cognitive function and daily living data consistently showed favorable results with Lomecel-B over placebo in a dose-response fashion, with administration of Lomecel-B associated with slowing and in some cases improving certain measurements of cognitive function. Summary of new findings: The latest data further supports the prior findings regarding Lomecel-B's potential prevention of cognitive decline and improvement in quality of life. In addition to these clinical findings, brain imaging showed improvement in brain architecture measured by volumetric MRI and DTI, respectively. Lomecel-B and the pooled treatment group demonstrated statistically significant improvements in the Montreal Cognitive Assessment, relative to placebo. Lomecel-B demonstrated a dose-response improvement in Mini-Mental State Examination relative to baseline. Lomecel-B demonstrated a higher level of improvement in quality of life observed by caregiver and measured by Alzheimer's Disease Related Quality of Life scale. Lomecel-B reduced the whole brain volume loss by 49%. Lomecel-B and the pooled treatment group demonstrated statistically significant reductions in left hippocampal volume loss at Week 39 relative to placebo. Brain volume preservation in the Lomecel-B dose group was accompanied by 20% and 33% reduction in left and right ventricular enlargement at Week 39 compared to placebo, respectively. The level of neuroinflammation measured by DTI was lower in all Lomecel-B doses at Week 39 compared to placebo. CLEAR MIND Results: Overall, Lomecel-B appeared to demonstrate a positive benefit/risk profile. The primary endpoint of safety was met based on statistical and medical assessment. The study safety data were consistent with an established safety profile with no incidence of hypersensitivity, infusion-related reactions, no cases of Alzheimer Related Imagine Abnormalities of Edema or microhemorrhages and superficial siderosis on Magnetic Resonance Imaging, and no notable changes in laboratory evaluations and electrocardiogram. The secondary endpoint of change from baseline to Week 39 in CADS, demonstrated positive results: Statistically significant improvement at Week 39 in CADS was observed for the Lomecel-B 25 x 106 cells x 1 dose versus placebo and for the pooled Lomecel-B Groups. In terms of the specific components of the CADS score: Lomecel-B demonstrated statistically significant slowing of disease progression in left hippocampal volume relative to placebo. ADCS-ADL and left hippocampal volume at Week 39 were statistically significant for the pooled Lomecel-B treatment groups relative to placebo. Other doses demonstrated numerical slowing and prevention of disease worsening relative to placebo in CADS, ADAS-cog-13, CDR-SB, ADCS-ADL and left hippocampal volume at Week 39
CCI

Hot Stocks

08:06 EST Crown Castle announces comprehensive review of fiber business, CEO search - Crown Castle announced a comprehensive review of the Company's fiber business and the addition of two new independent directors to the Company's Board. The initiatives were announced in connection with a cooperation agreement with Elliott Investment Management, pursuant to which Crown Castle will appoint Jason Genrich, Senior Portfolio Manager at Elliott, and Sunit Patel, former Chief Financial Officer of Level-3 Communications and Executive Vice President of T-Mobile, to the Company's Board of Directors. As part of this agreement, Crown Castle has formed the following special committees of the Board: Fiber Review Committee. The Fiber Review Committee will direct a strategic and operating review of the Company's fiber business, with the goal of enhancing and unlocking shareholder value. The Fiber Review Committee will be chaired by P. Robert Bartolo and will include four additional directors, including Anthony J. Melone, Kevin A. Stephens, and newly appointed directors Mr. Genrich and Mr. Patel. Together, the Fiber Review Committee members will work to determine the best path forward for the fiber business and will make their recommendations to the full Board. The Company will not comment further on the strategic review unless and until the Board has approved a specific course of action or until it determines that further disclosure is appropriate or necessary. Financial advisors to the Fiber Review Committee will be Morgan Stanley & Co. LLC and BofA Securities, and legal counsel will be Paul, Weiss, Rifkind, Wharton & Garrison LLP. CEO Search Committee. In connection with the Company's previously announced CEO transition, the Board has established a CEO Search Committee to conduct the search to identify Crown Castle's next CEO. The CEO Search Committee will be chaired by Tammy K. Jones and will also include Mr. Bartolo, Mr. Genrich and Kevin T. Kabat.
LCFY

Hot Stocks

08:04 EST Locafy regains compliance with Nasdaq stockholders' equity requirement - Locafy received a notice on December 18, 2023, from the Nasdaq Office of General Counsel of the Nasdaq Stock Market, that the Nasdaq Hearings Panel has determined that the Company had regained compliance with Nasdaq Listing Rule 5550(b)(1) as related to the minimum stockholders' equity requirement of $2,500,000 for continued listing on Nasdaq on October 31, 2023. Additionally, pursuant to the Notice and Nasdaq Listing Rule 5818(d)(4)(B), the Company will be subject to a mandatory panel monitor for a period of one year from October 31, 2023. As previously reported, on March 31, 2022, the Company received a Notice from Nasdaq informing it that it was not in compliance with the Stockholders' Equity Requirement, and in August 2023, the Company was granted an exception to the Stockholders' Equity Requirement by the Panel, subject to certain conditions, including that the Company file an Annual Report on Form 20-F for the year ended June 30, 2023, by October 31, 2023, demonstrating compliance with the Stockholders' Equity Requirement, which such Annual Report was filed on October 11, 2023.
BTBT

Hot Stocks

08:04 EST Bit Digital announces receipt of first tranche of AI servers - Bit Digital is pleased to announce that is has received an initial batch of servers that are equipped with Nvidia HGX H100 GPUs from Super Micro Computer. To date, the company has received 89 servers which will be shipped and delivered to the datacenter in Iceland by the end of this month. Bit Digital expects to receive the remaining 103 servers by the first week of January 2024 and subsequently deploy them in Iceland during January 2024. Additionally, Bit Digital has amended the terms of its agreement such that the company has now received a three-month prepayment from its customer.
RCMT

Hot Stocks

08:02 EST RCM Technologies, TransnetBW partner on energy transition - RCM Technologies hosted a TransnetBW executive team visit to North America with stops in Houston, Washington DC, and New York City while solidifying the start of a long-term partnership with RCM Technologies GmbH to deliver engineering and technology services for grid modernization projects. TransnetBW sent a delegation to the United States from December 4 to 8 of 2023 to explore multiple opportunities and RCM's capabilities for future collaborations. This visit included tours of two high-voltage AIS substations in Texas and a medium voltage GIS substation in Washington DC, where RCM had significant project responsibility.
RXRX

Hot Stocks

08:01 EST Recursion Pharmaceuticals enters partnership with Enamine - Recursion announced its partnership with Enamine to generate enriched screening libraries with insights from Recursion's protein-ligand interaction predictions spanning across Enamine's massive library of 36 billion compounds. To begin the partnership, Enamine and Recursion will mutually agree upon up to 100 biological targets around which they will build screening libraries. From there, Recursion will utilize MatchMaker's predicted protein-ligand interactions for Enamine REAL Space containing 36B compounds to design compound libraries enriched for molecules that are likely to bind to biological targets. Enamine may offer the resulting libraries to customers for purchase and will co-brand any libraries under both the Enamine and MatchMaker trademarks. As part of the agreement, Recursion will receive a significant number of unique REAL compounds of Recursion's choosing to augment its internal compound library, at no cost. Furthermore, Recursion will receive preferential pricing on any enriched screening libraries made available to Enamine customers as part of the collaboration.
CNSWF

Hot Stocks

07:59 EST Constellation Software announces retirement of Dexter Salna - Constellation Software announced the retirement of Dexter Salna, effective December 31, 2023. Perseus is one of the six operating groups within CSI. Mr. Salna will continue to serve on the board of Perseus, along with Mark Leonard and Bernie Anzarouth. Mr. Salna will also continue as a member of the board of directors at CSI.
BLGO

Hot Stocks

07:44 EST BioLargo receives purchase order for AEC installment in NJ - BioLargo received a purchase order for its Aqueous Electrostatic Concentrator to be installed at a water treatment facility in Stockholm, New Jersey. BioLargo's AEC is an eco-friendly water treatment technology for effectively removing per- and polyfluoroalkyl substances from contaminated water, including drinking water.
CRECF

Hot Stocks

07:43 EST Critical Elements Lithium confirms ongoing interest, progress in Rose Project - Critical Elements Lithium is pleased with the progress being made to advance the unique Rose Lithium-Tantalum Project in Eeyou Istchee, Quebec and, ultimately, achieve its vision to become a large-scale, sustainable, and reliable vertically integrated supplier of lithium for the emerging electric vehicle and energy storage industries. The Rose Lithium-Tantalum project is situated within the Rose and Rose South property blocks, which constitute 395 km2, or only 38% of the Corporation's highly prospective 1,050 km2 exploration portfolio in Quebec. During the summer of 2023, Critical Elements conducted a prospecting program over several areas, including the Rose, Rose South, Rose North and Nemaska belt properties. The objective of the field program was to identify new pegmatite bodies using systematic rock geochemical sampling of all pegmatite bodies in order to refine the geological interpretation of the properties and prioritize further exploration work including drilling. A total of 774 rock samples were collected during the exploration campaign with 95 samples reporting values over 100 ppm Ta2O5 and/or values over 0.10% Li2O. As reported on September 12th, 2023 and in October 17th, 2023, the press releases state several new outcrop discoveries have been identified in the Rose pegmatite swarm. To date, 4 spodumene-bearing pegmatite outcrops have been identified in this New Discovery Area. At this early stage, the exact strike length, width and orientations of these dykes is unknown, but the apparent strike length along the outcrops exceeds 400m. All results from the summer program have now been received with selected results over 3% Li2O including 3.18% Li2O, 3.00% Li2O, 3.98% Li2O, 3.91% Li2O, and 5.10% Li2O. Critical Elements is pleased to provide investors with an update on the ongoing assessment of expressions of interest for financing and developing the Rose Project in collaboration with potential strategic partners. Despite expectations for a conclusion earlier this year, the Corporation recognizes the intricacy of these negotiations and due diligence, requiring time and thorough consideration. Investors can be assured of a continued interest from potential partners, and that the Corporation believes that the process is progressing positively. Management is committed to securing an optimal outcome for the Rose Project's financing and development.
GSK

Hot Stocks

07:42 EST GSK enters exclusive license agreement with Hansoh for HS-20093 - GSK plc and Hansoh Pharma, a Chinese biopharmaceutical company, announced that they have entered into an exclusive license agreement for HS-20093, a B7-H3 targeted antibody-drug conjugate, or ADC, utilising a clinically validated topoisomerase inhibitor payload. Under the agreement, GSK will obtain exclusive worldwide rights, excluding China's mainland, Hong Kong, Macau, and Taiwan, to progress clinical development and commercialisation of HS-20093. Hesham Abdullah, SVP, Global Head Oncology, R&D, GSK, said: "B7-H3 is highly expressed in a broad range of solid tumours where there remains a significant need for novel treatment options. We look forward to progressing this potential new treatment across several indications and in future potential combination approaches with our established portfolio." GSK plans to begin phase I trials for HS-20093 outside of China in 2024. In October 2023, GSK and Hansoh entered into an agreement for HS-20089, a B7-H4 targeted ADC currently in phase II clinical trials in China. HS-20089 has best-in-class potential in ovarian and endometrial cancer with opportunities in other solid tumours. Under the terms of this agreement, GSK will pay $185 million upfront. In addition, Hansoh will be eligible to receive up to $1.525 billion in success-based milestones for HS-20093. Upon commercialisation of HS-20093, GSK will pay tiered royalties on global net sales outside of China's mainland, Hong Kong, Macau, and Taiwan. This agreement is subject to customary conditions, including applicable regulatory agency clearances under the Hart-Scott-Rodino Act in the U.S.
GPRK

Hot Stocks

07:40 EST GeoPark names Jaime Caballero Uribe CFO - "GeoPark i(GPRK) s pleased to announce the appointment of Jaime Caballero Uribe to the position of CFO, effective January 15. Jaime will be responsible for GeoPark's financial stewardship and associated activities, including capital allocation, business planning, performance management and execution, oil and gas marketing/commercial, capital markets, shareholder value, tax, financial reporting and information technology. He brings more than 25 years of industry and finance experience to GeoPark, including senior positions in large corporations as well as in start-ups and entrepreneurial businesses. Until August, Jaime was Group CFO at Ecopetrol (EC)...
GPRK EC

Hot Stocks

07:38 EST GeoPark Ecopetrol - "GeoPark i(GPRK) s pleased to announce the appointment of Jaime Caballero Uribe to the position of CFO, effective January 15. Jaime will be responsible for GeoPark's financial stewardship and associated activities, including capital allocation, business planning, performance management and execution, oil and gas marketing/commercial, capital markets, shareholder value, tax, financial reporting and information technology. He brings more than 25 years of industry and finance experience to GeoPark, including senior positions in large corporations as well as in start-ups and entrepreneurial businesses. Until August, Jaime was Group CFO at Ecopetrol (EC)...
BABYF

Hot Stocks

07:38 EST Else Nutrition announces online launch of RTD Shakes with American retailer - Else Nutrition announces that one of the largest retailers in North America will be offering its Ready-to-Drink, RTD, Kids Shakes via its online store by the end of January 2024. This development marks an important milestone for the Company as it will make the product widely available to millions of consumers across the United States while setting the stage for a future rollout of the RTD Kids Shakes on retail shelves from coast to coast. "Else Nutrition is truly pleased to deepen our existing product range and overall retail relationship with this iconic American retailer," said Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition. "The online launch instantly exposes Else's Plant-Powered Kids Shakes, both Chocolate and Vanilla SKUs, to a national audience. With a delicious taste that kids love, substantially less sugar than leading RTD brands, and 25 vitamins and minerals, we know this innovative product is a winning proposition. We sincerely thank their category team for enabling our beloved brand to flourish, as we continue to develop a relationship with their customers across the USA."
TRIN

Hot Stocks

07:37 EST Trinity Capital expands Phoenix headquarters - Trinity Capital announced the expansion of its Phoenix headquarters, reaffirming Trinity's longstanding commitment to the region as it continues to scale its business. Trinity has doubled the total space leased at its corporate headquarters at 1 North 1st Street to 30,000 square feet by expanding to the fourth floor from its existing third-floor offices.
RGDFF GOLD

Hot Stocks

07:36 EST Reunion Gold enters settlement agreement with Barrick Gold - Reunion Gold (RGDFF) announced that, further to its news release of February 13, 2023, it has settled the claim brought by Barrick Gold Corporation (GOLD) on a mutually acceptable basis. The Company and Barrick have agreed that the Strategic Alliance Agreement entered into by them on February 3, 2019 has been terminated. The parties have no outstanding obligations under the Alliance Agreement, and there are no properties subject to the Alliance Agreement. A consent dismissal order will be entered in the Ontario Superior Court to dismiss the claim.
AMPS

Hot Stocks

07:36 EST Altus Power acquires 'core business' of Unico Solar, no terms - "Continuing its growth momentum and further cementing its presence on the West Coast, Altus Power announced the strategic acquisition of the core business of Unico Solar Investors or Unico Solar. Altus will acquire Unico Solar's development platform, pipeline and senior leadership team as well as new offices in Denver and Seattle.This acquisition illustrates Altus Power's continued ability to efficiently acquire assets and platforms. As part of the acquisition, Unico Solar's development platform and pipeline will become wholly owned by Altus Power and Unico Solar's development team will be integrated with and into the customer-centric Altus team..."Unico Solar has built a dynamic solar development platform centered on overcoming customer adoption barriers for commercial rooftop and community solar projects, largely in the western U.S.," said Brett Phillips, co-Founder and Vice President, Unico Solar. "Joining forces with Altus Power brings together market leaders in the commercial and industrial solar energy vertical that will supercharge project development for real estate owners and users on a national scale."
INKT

Hot Stocks

07:36 EST MiNK, ImmunoScape collaborate to discover, develop next-gen TCR therapies - ImmunoScape and MiNK Therapeutics announced a collaboration agreement to discover and develop next-generation TCR therapies against novel targets in solid tumors. The combined efforts of both companies aim to accelerate the development of TCR-based therapies against novel targets in T cells, iNKT cells, and other modalities, potentially offering new therapeutic approaches for diverse cancer indications. In this collaborative effort, ImmunoScape will leverage its capabilities in multiplex antigen screening and in-depth T cell profiling to identify relevant TCRs targeting the library of phospho-peptide antigens. MiNK Therapeutics will further characterize these tumor-specific TCRs, leveraging its proprietary capabilities to analyze and select TCR candidates for optimal tumor targeting. "We have leveraged our proprietary iNKT discovery platform to develop a wholly owned library of both native and engineered allogeneic cell therapies, including bispecific iNKT cell engagers and TCRs targeting a range of antigens, such as PRAME, NY-ESO-1, and undisclosed targets," said Dr. Jennifer Buell, President and Chief Executive Officer, MiNK Therapeutics. "We look forward to working with the ImmunoScape team to help fill a crucial gap in delivering TCR-iNKT cells and bispecific immune cell engagers. These therapeutics, armored with tumor-specific TCRs, can potentially eliminate tumor cells and alleviate immune suppression for durable anti-cancer immunity."
DGX

Hot Stocks

07:36 EST Quest Diagnostics names Yuri A. Fesko, M.D., as Chief Medical Officer - Quest Diagnostics announced that Yuri A. Fesko, M.D., has been named senior vice president and chief medical officer, effective immediately. Prior to joining Quest, Dr. Fesko was medical director of oncology for Duke Cancer Center at Raleigh, N.C., where he focused on genitourinary oncology and multiple myeloma both in clinical practice and for clinical trials, and chief of oncology for Wake County in North Carolina.
BDRBF

Hot Stocks

07:35 EST Bombardier announces delivery of first Challenger 3500 jet in Turkey - Bombardier announced that long-time client Arkasair has added a Challenger 3500 business jet to its VIP Air Taxi and charter fleet, becoming the first customer of a Challenger 3500 aircraft in Turkey. The company has a longstanding affinity with Bombardier aircraft, having operated a Learjet 60, Challenger 300 and Challenger 604 aircraft. The new Challenger 3500 will replace the company's Challenger 300 business jet.
PTN

Hot Stocks

07:34 EST Palatin completes sale of Vyleesi to Cosette Pharmaceuticals for up to $171M - Palatin Technologies announced the sale of Vyleesi to Cosette Pharmaceuticals for up to $171M, consisting of an upfront purchase price of $12M plus contingent, sales-based milestone payments of up to $159M. Vyleesi is the first and only as-needed treatment approved by the FDA for premenopausal women with acquired, generalized hypoactive sexual desire disorder.
EOSE

Hot Stocks

07:34 EST Eos Energy, Partner4Work collaborate on green technology career development - Eos Energy Enterprises announced a joint commitment with Partner4Work, the workforce development organization for Allegheny County and the City of Pittsburgh, to establish a $500,000 training program to upskill the current and future workforce for Eos' evolving manufacturing facility in the Mon Valley. This initial investment, leveraging federal grant awards including Build Back Better and Department of Labor Green Infrastructure, reflects a true public-private partnership, blending funding and investing it in workers, communities, and regional jobseekers. "The opportunity presented by Eos' growth in the Mon Valley is extraordinary and Eos understands the needs to be matched with innovation and upskilling its workforce," said Roma Desai, Chief People Officer for Eos. "This partnership would give us the tools and knowledge to connect with local communities to provide career growth and development particularly in the STEAM education area." The program is designed to provide a framework that aims to enhance the existing programs at Eos as well as to develop new programs to fill gaps in Western Pennsylvania workforce development capabilities. The program will leverage the public workforce system to support incumbent workers, build a strong pipeline of candidates who reflect communities around the Eos facility, and grow local opportunities for clean energy careers for young adults in the region.
VSQTF

Hot Stocks

07:34 EST Victory Square's Hydreight adds semaglutide to product offerings - Victory Square Technologies announced that portfolio company Hydreight Technologies announced that healthcare providers and their patients now have access to Semaglutide through the Hydreight platform. Semaglutide injections are commonly used to treat type 2 diabetes. It can also be used together with diet and exercise to help control blood sugar and has become popular to help with weight management. Semaglutide is a glucagon-like peptide-1 receptor agonist and is only available with a doctor's prescription and needs to be injected on a regular basis.
AVXL

Hot Stocks

07:33 EST Anavex announces first entire clinical gene pathway data of ANAVEX 2-73 - Anavex Life Sciences announced the first entire clinical gene pathway data from the ANAVEX2-73-RS-002 AVATAR Rett syndrome trial. ANAVEX2-73 transcriptomics analysis identified gene networks that are differentially expressed in Rett syndrome patients treated with ANAVEX2-73 compared to placebo. Patient samples that were analyzed contained on average over 20 million unique reads in both placebo and ANAVEX2-73 treated patients. Biological relevance of this pool of genes was assessed through pathway analysis and confirmed the impact of ANAVEX2-73 treatment on pathways involved in neurodevelopmental diseases. Christopher Missling, PhD, President and Chief Executive Officer of Anavex, stated, "We believe, this represents an extensive transcriptomics analysis of a therapeutic agent in patients with Rett syndrome and it is very exciting to witness ANAVEX2-73's demonstration of its platform Precision Medicine potential for Rett syndrome with ability to compensate for expression levels of dysregulated developmental and metabolic genes, apparent within the Rett syndrome pathology. We are steadily making progress to learn more about this debilitating disorder and further analysis will be dedicated to evaluating the significance of each identified gene and gene variant and should deepen the understanding of the underlying signaling pathways involved in response to ANAVEX2-73 treatment in patients with Rett syndrome."
ABSI

Hot Stocks

07:32 EST Absci, PrecisionLife enter R&D partnership for AI-enabled drug pipeline - Absci and PrecisionLife announced a collaboration to develop a joint portfolio of potential therapeutics addressing unmet medical needs. The collaboration combines Absci's speed and strength in antibody design and optimization with PrecisionLife's deep understanding of complex disease biology and expertise in identifying the mechanisms, drug targets and treatments that are relevant to specific patients to create a pipeline of novel biotherapeutics. Under the partnership, Absci and PrecisionLife will work together to discover and develop a shared pipeline of biotherapeutics for up to five mutually agreed-upon targets and indications, then jointly evaluate options to most effectively advance programs against such targets. Absci and PrecisionLife will actively collaborate to select chronic disease drug targets linked to patients with unmet clinical needs and maximize the innovation potential of their respective approaches. The Partners will share in the potential value of programs developed against any specific targets. With this new partnership, Absci has now signed ten new Active Programs this year, achieving the Company's outlook for 2023.
WEC

Hot Stocks

07:31 EST WEC Energy plans to increase dividend by 7% to 83.5c per share in Q1 - The board of directors of WEC Energy Group announced that it is planning to raise the quarterly dividend on the company's common stock to 83.5c per share in the first quarter of 2024. This would represent an increase of 5.5c per share, or 7%. The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend - which would be equivalent to an annual rate of $3.34 per share - would be payable March 1, 2024, to stockholders of record on Feb. 14, 2024.
JFBR

Hot Stocks

07:28 EST Jeffs' Brands to invest in remote wireless power transmission technology - Jeffs' Brands signed an additional non-binding letter of intent with Sky Growth Partners, to invest in advanced laser- based wireless power transmission technology systems, for the remote charging of drones and unmanned aircrafts. The LOI, previously announced on December 15, 2023, follows the Company's announcement from November 29, 2023, in which the board of directors resolved to identify potential strategic transactions, in the field of advanced technologies, with the goal of maximizing shareholder value. According to the LOI, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology. Following an investment of $2.5 million by Jeffs' Brands, it will hold a 70% equity interest in NewCo. The LOI also includes certain milestone conditions that if achieved by NewCo, will grant the founders, for no additional consideration, additional equity interests in NewCo. NewCo plans on developing a technological system based on a pending patent. The system will enable wireless charging for drones and unmanned aircrafts. Unlike conventional charging methods, that rely on cumbersome cables, robust infrastructure, pads and more, Digital Light Processing wireless charging systems utilizes precision laser to transmit energy wirelessly to infrastructure, drones, unmanned aircraft and other platforms. This technology eliminates the need for physical connectors, making the charging process more efficient, seamless, convenient and enabling new technologies to be developed and adopted, for various uses, such as commercial drone applications. The Investment is subject to the successful completion of due diligence, the execution of binding definitive agreements with respect to the Investment and compliance with any regulatory requirements and approvals.
PRZO

Hot Stocks

07:18 EST ParaZero completes drone safety project with automotive manufacturer - ParaZero Technologies announces the completion of its safety solution development for a Fortune 500 leading global automotive manufacturer's proprietary drone program. In line with the project's completion, ParaZero has received full payment for the development of a first of its kind development custom variant their innovative SafeAir drone safety system. This project involved development and testing of a custom groundbreaking ParaZero SafeAir system designed to meet challenging requirements and specifications to meet the Fortune 500 automotive manufacturer's proprietary aircraft from the design stage, ensuring optimized and seamless integration, at unique flight envelope and characteristics. The successful completion of this project reinforces ParaZero's reputation as a provider of advanced safety solutions across various aerial platforms, including multirotor, single rotor, fixed-wing, VTOL, manned and unmanned, and urban air mobility vehicles, and its abilities to develop custom product variants to meet unique requirements and standards per the Fortune 500 automotive and UAS manufacturer. In addition to this achievement, ParaZero has received its second purchase order from the Customer, few months ago. This ongoing project further strengthen ParaZero's position as a leader in the aerospace industry, particularly in the development and integration of drone safety systems.
LASE

Hot Stocks

07:13 EST Laser Photonics completes equipment training exercise at Fort Liberty - Laser Photonics has completed an equipment training exercise at Fort Liberty following the U.S. Army facilities recent purchase of a CleanTech LPC-3000-CTHD laser cleaning system. To conduct the training, Laser Photonics' senior engineer traveled to Fort Liberty, formerly known as Fort Bragg, home of the U.S. Army Special Operations Command. The training that took place focused on the fleet and equipment maintenance for which the product was purchased. Actual cleaning during the occasion was conducted by military personnel and guided by Laser Photonics.
ARAAF

Hot Stocks

07:12 EST Aclara Resources reports Carina Module ionic clays arrive at Chile pilot plant - Aclara Resources announced that the 25-tonne shipment of ionic clays extracted from its Carina Module deposit located in Goias, Brazil, has successfully arrived at its fully owned pilot plant facility in Concepcion, Chile. The Company will start the piloting operation at the end of December and aims to complete it at the end of February 2024. Piloting Objectives: Semi-industrial scale processing: To assess the compatibility of the patented Circular Mineral Harvesting technology with the Carina Module ionic clays on a semi-industrial scale. Production of heavy rare earth carbonate samples for commercial purposes: To produce a premium heavy rare earths carbonate product and initiate discussions with potential separators and other commercial stakeholders. Optimization of processing flowsheet: To evaluate the process flowsheet modifications identified during the piloting campaign conducted in 2023 with the Penco Module ionic clays. The objective is to ensure these modifications facilitate the production of an end product that is more conducive to the subsequent Rare Earth Element separation stage. Continued demonstration of environmental attributes: Revalidate the Circular Mineral Harvesting methodology, wherein 95% of the water and 99% of the primary reagent employed in the extraction process are recycled, thereby preventing the generation of liquid residues and eliminating the necessity for a tailings storage facility. Aclara COO, Barry Murphy, commented: "Following the release of the mineral resource estimate for the Carina Module, we are looking to initiate commercial discussions while commencing the production of heavy rare earth carbonate samples over the next two months at our piloting facilities in Chile. We have confidence in the outstanding quality of this asset and remain dedicated to accelerating the project development process across all disciplines to expedite the asset's production at the earliest feasible time."
EXTR

Hot Stocks

07:10 EST Extreme Networks appoints Monica Kumar as CMO - Extreme Networks announced that Monica Kumar has been appointed as the company's new executive VP and chief marketing officer, or CMO. Kumar brings extensive B2B marketing experience with a history of accelerating growth through compelling product differentiation and impactful, revenue generating go-to-market strategies. Kumar will lead the company's global marketing organization and report to Extreme's President and CEO, Ed Meyercord. Prior to Extreme, Kumar served as CMO at Hitachi Vantara.
LFSWF

Hot Stocks

07:09 EST Lifeist Wellness' Mikra introduces new immune Protect gummies - Lifeist Wellness announced the launch of its new immune support product, Protect, by its U.S. biosciences subsidiary Mikra Cellular Sciences, with a new bundle sales promotion where the next 500 customer orders will receive a trial bottle of Protect at no cost. This bundle sale is available now. Protect comes in a tasty gummy format that combines the antioxidant power of Aronia berries with the reliable immune support functions of supplemental zinc and vitamin C, complemented by vitamin D to tackle the shorter days in winter.
HSIC

Hot Stocks

07:08 EST Henry Schein partners withTriMedand and Extremity teams to broaden orthopedics - Henry Schein announced plans to enter the upper- and lower-extremities specialty segment of the orthopedic market in line with our long-standing strategy. The Company announced that it has signed an agreement to acquire a majority interest in TriMed, a global developer of solutions for the orthopedic treatment of lower extremities, foot and ankle, and upper extremities, primarily hand and wrist . Headquartered in Santa Clarita, CA, TriMed had 2022 net sales of approximately $48M. The transaction is subject to certain regulatory approvals and closing conditions, and is expected to be completed in the first quarter of 2024. Henry Schein expects the transaction to be neutral to 2024 non-GAAP earnings per share and accretive thereafter. Financial terms were not disclosed. In addition, Henry Schein has entered into a strategic relationship with Extremity Medical , an innovative medical device company focused on developing new products for fusion, fixation, and motion preservation in the orthopedic treatment of the lower extremities and wrist. Headquartered in Parsippany, NJ, Extremity Medical will operate as a separate, stand-alone company. "Partnering with the TriMed and Extremity teams will provide Henry Schein with a platform to establish ourselves as a leading manufacturer and supplier in the Foot and Ankle as well as Hand and Wrist extremity segments of the orthopedic market," said Stanley M. Bergman, Chairman and Chief Executive Officer, Henry Schein, Inc. "We believe the experienced leadership team that we have assembled is well-positioned to leverage our deep and longstanding relationships with existing integrated delivery network and ambulatory surgery center customers."
PASG

Hot Stocks

07:08 EST Passage Bio announces anticipated upcoming milestones - Anticipated Upcoming Milestones: FTD-GRN: Initiate dosing for Cohort 2 FTD-GRN patients in 1H 2024. Report full 6-month safety and biomarker data from Cohort 1 patients in 2H 2024. Report 12-month follow-up data from Cohort 1 patients in 1H 2025. Report initial safety and biomarker data from Cohort 2 patients in 1H 2025. FTD-C9orf72 and ALS. Obtain regulatory feedback on the pathway to treating FTD-C9orf72 and ALS patients with PBFT02 in 2H 2024.
PMN

Hot Stocks

07:07 EST ProMIS Neurosciences announces publication on novel target for ALS - ProMIS Neurosciences announced a publication identifying Receptor for Activated C-Kinase 1 as a novel misfolded protein target for ALS and frontotemporal lobar degeneration. The article published in the online edition of Acta Neuropathologica Communications is titled, "Targeting RACK1 to alleviate TDP-43 and FUS proteinopathy-mediated suppression of protein translation and neurodegeneration." "We are particularly pleased to have our data published in this well-regarded, peer-reviewed journal and contribute to the growing body of scientific knowledge on the pathogenic role of misfolded proteins in neurodegenerative diseases," said Gail Farfel, Ph.D., Chief Executive Officer of ProMIS Neurosciences. "In addition, these data on RACK1 deliver another target for our pipeline as we advance clinical development of our lead product, PMN310, for Alzheimer's disease."
PASG

Hot Stocks

07:07 EST Passage Bio to explore therapeutic potential of PBFT02 in multiple diseases - "Driven by promising initial data for PBFT02 in FTD-GRN and evidence supporting progranulin's role in neurodegeneration, we are refining our strategic priorities to explore the therapeutic potential of PBFT02 in multiple diseases, including FTD-C9orf72, amyotrophic lateral sclerosis, and Alzheimer's disease," said William Chou, M.D., president and chief executive officer at Passage Bio. "As we pursue this strategy, we are actively exploring potential partnerships to advance our GM1 gangliosidosis program as well as our other clinical-stage pediatric programs. This shift in strategy aims to optimize focus and resources and provides each of our gene therapy candidates the best chance to get to patients in need." Strategic Priorities: Continuing clinical development of PBFT02 to treat FTD-GRN. Pursuing PBFT02 in additional adult neurodegenerative diseases, including FTD-C9orf72, ALS and Alzheimer's disease. Prioritizing Huntington's disease preclinical program through existing Penn Gene Therapy Program partnership. Pursuing potential partnership opportunities for clinical-stage pediatric programs in GM1 gangliosidosis, Krabbe disease and metachromatic leukodystrophy.
NSPR

Hot Stocks

07:05 EST InspireMD announces issuance of key U.S. patent covering SwitchGuard NPS - InspireMD announced the issuance of U.S. Patent No. 11,844,893, titled, "Shunts with Blood Flow Indicators." The patent covers key aspects of the company's SwitchGuard Neuroprotection System, NPS, along with future features in development that are expected to enable the treating physician to visualize flow through the system. The SwitchGuard NPS is designed to allow the physician to reverse blood flow to the brain during a carotid artery stenting procedure, including Transcarotid Artery Revascularization or other neurovascular procedures. The SwitchGuard NPS is designed to prevent embolic debris generated during the procedure from traveling to the brain. Marvin Slosman, Chief Executive Officer of InspireMD, stated, "The issuance of this patent demonstrates our continued priority to develop and build on our robust intellectual property to support our innovations, while expanding our product portfolio for optimal patient outcomes in the treatment of carotid artery disease with the utmost safety in mind. This coupled with our CGuard Prime Carotid Stent System should provide clinicians with innovation and safety during carotid revascularization procedures and minimize the risk of stroke."
PASG

Hot Stocks

07:05 EST Passage Bio announces initial data from Phase 1/2 trial of PBFT02 - Passage Bio announced initial safety and biomarker data from three Cohort 1 patients in the ongoing global Phase 1/2 upliFT-D clinical trial evaluating PBFT02, an adeno-associated virus-delivery gene therapy for the treatment of patients with frontotemporal dementia with granulin mutations. FTD is a form of early onset dementia with no approved disease-modifying therapies. Additionally, the company shared updated strategic priorities aimed at further optimizing its portfolio for the treatment of neurodegenerative conditions. The upliFT-D clinical trial evaluates PBFT02 as a single dose delivered via intra-cisterna magna injection. PBFT02 uses an AAV1 viral vector to deliver a functional copy of the GRN gene encoding PGRN to a patient's cells. Topline interim results from first three patients in the uplift-D clinical trial: Safety: Dose 1 of PBFT02 was generally well-tolerated in patients 2 and 3, who received an enhanced steroid regimen following protocol amendment. No serious adverse events. All treatment emergent adverse events were mild to moderate in severity. No evidence of clinically significant immune response, hepatotoxicity or safety related imaging abnormalities. Patient 1 received a low level of immunosuppression and experienced two SAEs that were both asymptomatic and consistent with an immune response. Following patient 1, the protocol was amended to increase the steroid regimen for patients 2 and 3. No evidence of dorsal root ganglion toxicity, as measured by nerve conduction studies, and no complications were observed related to ICM administration across any of the three patients. Biomarkers: Dose 1 of PBFT02 treatment resulted in a 3.6 to 6.6-fold increase in CSF PGRN at day 30 relative to baseline. CSF PGRN increased to supraphysiologic levels of 10.7 to 17.3 ng/mL at day 30, exceeding the range found in healthy adult controls of 3.3 to 8.2 ng/mL. CSF PGRN remained at supraphysiologic levels at six months with a concentration of 27.3 ng/mL. Plasma PGRN levels remained below levels found in healthy adult controls through the available follow-up period across all patients.
DNA

Hot Stocks

07:03 EST Ginkgo Bioworks, OneOne Biosciences announce new partnership - OneOne Biosciences and Ginkgo Bioworks announced a new partnership. This collaboration will leverage Ginkgo's robust ag biologicals infrastructure, biotechnological expertise, and Strain Optimization Services to accelerate OneOne's research and product development in agricultural microbial solutions. OneOne's initial focus is on developing a Livepod for nitrogen fixation, a roughly $100B market. OneOne will work with Ginkgo for in vitro and in planta assays to test OneOne's concept. In a second phase, Ginkgo plans to use its Strain Optimization Services and ultra high throughput encapsulated screening to provide optimized strains for nitrogen fixation. The strains may then progress to field trials and regulatory preparations before commercialization.
TECH

Hot Stocks

07:02 EST Bio-Techne submits Drug Master File with FDA for CCM0036-GMP - Bio-Techne announced that it has filed a Drug Master File with the U.S. FDA for its ExCellerate GMP iPSC Expansion Medium, Animal Free (CCM0036-GMP), supporting the development and manufacture of regenerative medicine and stem cell therapies. ExCellerate GMP iPSC Expansion Medium is optimized to support robust expansion and maintenance of stem cell culture for enhanced consistency and reproducibility throughout the stem cell manufacturing process. The recently released GMP medium complements Bio-Techne's industry leading regenerative medicine therapy workflow solutions, which includes the widest range of GMP cytokines and growth factors available on the market. The ready-to-use media is manufactured without the use of animal components and is available in preclinical and GMP grades to simplify transition from research to clinic. The DMF submission provides the FDA with detailed information about the facilities and processes used in the manufacturing, processing, packaging, and storing of ExCellerate GMP iPSC Expansion Medium. Regenerative medicine and stem cell therapy developers who integrate the medium into their GMP cell manufacturing workflows can easily reference these important details when filing Investigational New Drug applications with the FDA.
ACM

Hot Stocks

06:57 EST Aecom appointed to Intelligent Automation framework agreement with NHS SBS - Aecom announced it has been appointed to an Intelligent Automation framework agreement with National Health Service Shared Business Services, which provides a procurement vehicle for all NHS and public sector organizations in the United Kingdom. The framework agreement will support the adoption, implementation, and ongoing development of Intelligent Automation to help increase efficiency, reduce costs and risks, and improve customer and patient experience. Aecom has been appointed to Lot 1 of the framework, which covers Intelligent Automation services and is designed to provide expertise and specialist support to help organizations set up and implement in-house Intelligent Automation services, with the end goal being to transfer the day-to-day running of Intelligent Automation back to the organization.
ASXC

Hot Stocks

06:55 EST Asensus Surgical sells Senhance Surgical System in Romania - Asensus Surgical announced the sale of a Senhance Surgical System that will be placed in Louis Turcanu Clinical Emergency Hospital for Children in Timisoara, Romania.
ITRG

Hot Stocks

06:38 EST Integra Resources submits Draft Mine Plan of Operations for DeLamar Project - Integra Resources is pleased to announce that it has submitted the Draft Mine Plan of Operations to the U.S. Bureau of Land Management for the DeLamar and Florida Mountain Project located in southwestern Idaho. During the MPO review process by the BLM, the company will continue permitting efforts in anticipation of the start of the NEPA and DEIS process at DeLamar. The baseline studies and MPO will serve as a basis for various permits, some that are required to be in place prior to construction, including Point of Compliance Permitting, Cyanidation Permits, and Air Permitting with the Idaho Department of Environmental Quality as well as Section 404 of the Clean Water Act with the U.S. Army Corps of Engineers. Upon receipt of a completeness determination from the BLM, Integra will begin the Notice of Intent process which initiates development of the DEIS in mid-2024. The company will also continue Tribal engagement and initiate the Programmatic Agreement process. The PA is a formal document established between the company, governmental agencies, and Tribal Nations. The PA includes framework for identifying, managing, and mitigating any potential impacts on culturally sensitive areas or historical sites.
NXU

Hot Stocks

06:36 EST Nxu Inc. announces third NxuOne EV charging solutions location in NEVI corridor - Nxu, Inc. is under contract to purchase a parcel of land in Barstow, Calif., a key location in California's NEVI corridor 7. Barstow, situated where Interstate 15 and Interstate 40 intersect, is perfectly located in a major highway corridor, making it ideal for Nxu's pursuit of electrifying high-demand highway routes with reliable and consistent charging solutions. National Electric Vehicle Infrastructure 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 $40,500,000 in grant funds for projects that will strategically deploy high-powered, direct-current fast charger electric vehicle charging infrastructure.
F...

Hot Stocks

06:36 EST EU new car registrations up 6.7% in November - In November, the EU's car market grew by "a modest but reasonably robust" 6.7%, the ACEA reported. "Despite a relatively low base of comparison, solid growth persisted, marking the sixteenth consecutive month of expansion," the industry group stated. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz Group (DDAIF), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY). Reference Link
CHH WH

Hot Stocks

06:34 EST Choice Hotels issues statement in response to Wyndham board recommendation - Choice Hotels (CHH) issued the following statement in response to the Wyndham Hotels & Resorts (WH) board of directors' recommendation that its shareholders reject Choice's exchange offer. "Wyndham Has Sought to Threaten Shareholders' Ability to Realize Value: Wyndham shareholders should be concerned by the company's blatant mischaracterization of the lodging industry's competitive landscape. Wyndham's comments call into question their ability to properly support franchisees while also generating shareholder value through M&A. The U.S. Federal Trade Commission ("FTC") will come to its own independent assessment of the proposed transaction's competitive merits based on the specific facts, like it does on every M&A transaction. Attempting to use the FTC to prevent Wyndham shareholders from even accessing the option of a merger with Choice robs them of meaningful upside from the combination or, at a minimum, the substantial break-fee Choice has offered in the unlikely event the transaction were not to receive the requisite regulatory clearance. Wyndham's Board Continues to Not Be Forthcoming: Following the launch of Choice's exchange offer to acquire all outstanding shares of Wyndham on December 12, 2023, representatives of Wyndham contacted representatives of Choice for the purported purpose of engaging in discussions regarding a potential transaction and regulatory protections. Choice and its representatives engaged in good faith discussions, but, consistent with past practices, Wyndham's representatives abruptly ended those discussions on December 17, 2023. Wyndham failed to disclose these discussions in the Schedule 14d-9 that it filed yesterday. Shareholders Are Eager for Both Parties to Work Together to Reach an Expedient Resolution: Since launching the exchange offer, we have engaged with dozens of Wyndham's institutional shareholders representing over 40% of shares outstanding based on the most recently available filings. In our discussions, many shareholders have consistently expressed support for the industrial merits of a transaction as well as the desire for both parties to work together to reach an expedient resolution. We remain confident we can complete the transaction within a one-year customary timeframe and are committed to moving forward with this process. We have already started the regulatory clock, and look forward to continuing to work closely with the FTC to support a fact-based review process grounded in the reality of this industry's evolving competitive landscape."
OCS

Hot Stocks

06:33 EST Oculis announces first patient first visit in Phase 3 OPTIMIZE-2 trial of OCS-01 - Oculis Holding announced First Patient First Visit in OCS-01 Phase 3 OPTIMIZE-2 trial for the treatment of inflammation and pain following cataract surgery. Data from the Phase 3 OPTIMIZE-2 trial is intended to support the company's NDA submission to the FDA. If approved, OCS-01 has the potential to be the first once-daily, topical, preservative-free corticosteroid for treating inflammation and pain following ocular surgery.
KALV

Hot Stocks

06:32 EST KalVista announces publication of first oral factor XIIa data - KalVista Pharmaceuticals announced that data from the first report of an oral, potent, and selective FXIIa inhibitor has been published in the peer-reviewed scientific journal, Frontiers in Pharmacology. The article describes the pharmacology of a representative compound from KalVista's portfolio of structurally diverse, oral Factor XII inhibitors, including: Potent, selective inhibition of both FXII zymogen and FXIIa, thereby suppressing both the initiation and amplification of kallikrein-kinin system activation; Blockage of KKS-mediated edema in preclinical HAE models in vivo. "The publication is the first report of a potent and specific FXIIa inhibitor with high oral availability in multiple species and demonstrated efficacy in HAE models in vivo," said Andrew Crockett, CEO of KalVista. "This once again demonstrates our scientific leadership in medicinal chemistry and KKS biology. It also provides new insight on the inhibition of FXII zymogen."
BEEM

Hot Stocks

06:09 EST Beam Global announces 20% increase in new unit sales from county-level entities - Beam Global announced over 20% increase in new unit sales year-over-year from county-level entities with a balance of new county customers (56%) and returning repeat county customers (44%). County parks, county hospitals, court systems, public works, public transit centers, fleet facilities and child support services are among the recipients of the solar-powered EV ARC EV charging infrastructure products.
AMZN

Hot Stocks

06:07 EST Amazon.com's AWS launches second infrastructure region in Canada - Amazon Web Services, an Amazon.com company, announced the launch of its second AWS infrastructure Region in Canada-the AWS Canada West (Calgary) Region. Starting December 20, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, will have greater choice for running their applications and serving end users from AWS data centers located in Canada. Customers will also have access to advanced AWS technologies, including data analytics, security, machine learning (ML), and artificial intelligence, to drive innovation. AWS also released a new economic impact study highlighting that the company is planning to invest an estimated $17.9B in Canada through 2037 via the new AWS Canada West (Calgary) Region and the existing AWS Canada (Central) Region in Quebec.
SSRM EMX

Hot Stocks

06:05 EST SSR Mining announces sale of EMX units - SSR Mining (SSRM) is pleased to announce it has entered into an agreement with Scotiabank under which Scotiabank will purchase by way of a block trade 6,161,524 units at a price of C$1.93 per Unit for gross proceeds to SSR Mining of C$11,891,741. Each Unit consists of one freely-tradeable common share of EMX Royalty Corp. (EMX) owned by SSR Mining and one right to purchase an additional common share of EMX owned by SSR Mining at a price of C$2.27 per share expiring on December 31, 2024. In the event all of the Options are exercised, the total gross proceeds to SSR Mining would be C$25,878,401 at a blended price of C$2.10 per share. Immediately prior to the Sale, SSR Mining owned 12,323,048 common shares of EMX representing approximately 11.0% of the issued and outstanding common shares of EMX. As a result of the Sale and prior to any exercise of the Options, SSR Mining's ownership in EMX has decreased to 6,161,524 common shares, representing approximately 5.5% of the issued and outstanding common shares of EMX. If all of the Options are exercised, SSR Mining will own no common shares of EMX. The Sale is expected to close on December 22, 2023, subject to customary closing conditions. Net proceeds of the Sale will be paid directly to SSR Mining. EMX will not receive any proceeds from the Sale. The proceeds of the Sale will be used towards SSR Mining's organic growth initiatives and ongoing capital returns, reflecting the company's successful strategy of reinvesting proceeds from non-core asset sales into higher-return opportunities within the company's portfolio. Since the start of 2021, SSR Mining has realized in excess of $300M in aggregate consideration for non-core asset sales.
AON

Hot Stocks

06:04 EST Aon plc to acquire NFP for $13.4B in cash and stock, sees accretion in 2027 - Aon plc announced the signing of a definitive agreement to acquire NFP, a middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP's main capital sponsor, Madison Dearborn Partners, or MDP, and funds affiliated with HPS Investment Partners. Under the terms of the transaction, Aon will acquire NFP for a total consideration estimated to be $13.4B at the time of close, which will be funded by $7B of cash and $6.4B of Aon stock. Doug Hammond, chairman and CEO of NFP, will continue to lead the business as an independent but connected platform within Aon, reporting to Eric Andersen, president of Aon. NFP specializes in property and casualty brokerage, benefits consulting, wealth management and retirement plan consulting for middle-market clients with more than 7,700 colleagues. Closing of the transaction is subject to customary conditions, including regulatory approvals, and is expected to occur in mid-2024. However, financial metrics are calculated conservatively based on a June 30, 2025, closing date. Aon and NFP will continue to operate independently until the closing date. The transaction is expected to generate more than $2.8 billion in value creation from the capitalized value of expected pre-tax synergies and capital structure, net of $400M in expected one-time transaction and integration costs. The transaction is expected to be dilutive to adjusted EPS in 2025, breakeven in 2026, and accretive in 2027 and beyond, with positive impacts to free cash flow beginning in 2026. The transaction is another step in Aon's ongoing Aon United strategy and follows the recently announced restructuring charge of $900M, which is expected to drive $350M in annual, run-rate savings by the end of 2026. Aon maintains an ongoing commitment to long-term financial goals of mid-single or greater organic revenue growth, adjusted operating margin expansion and double-digit free cash flow.
AUPH

Hot Stocks

06:03 EST Aurinia Pharmaceuticals submits IND application to FDA for AUR200 - Aurinia announced the submission of its Investigational New Drug application to the U.S. FDA for AUR200, a potential next generation therapy for B-cell mediated autoimmune diseases. Upon receiving FDA clearance to proceed with proposed research, Aurinia plans to initiate a Phase 1 study in the first half of 2024 to evaluate the safety, tolerability, pharmacokinetic and pharmacodynamic properties of AUR200 in healthy volunteers.
MTAL

Hot Stocks

06:01 EST Metals Acquisition names Morne Engelbrecht as CFO - Metals Acquisition is pleased to announce the appointment of Morne Engelbrecht as CFO with an expected commencement date of February 10, 2024. Engelbrecht's most recent role was CEO and prior to that CFO at Beach Energy Limited, an Australian Stock Exchange listed oil and gas explorer and producer with a circa A$3.5B market capitalization.
OKTA

Hot Stocks

05:59 EST Okta announces acquisition of Israeli cybersecurity company Spera - Okta on Tuesday announced that it has entered into a definitive agreement to acquire Spera Security, an Identity security platform, to broaden its Identity threat detection and security posture management capabilities. In a blog post, Okta said: "Earlier this year, we announced key capabilities to Okta FastPass, our phishing-resistant, passwordless authenticator; unveiled Identity Threat Protection with Okta AI at Oktane; and released Okta Privileged Access in GA. This acquisition continues our investment in secure Identity product offerings and furthers our vision to free everyone to safely use any technology. We anticipate the acquisition to close during our fiscal first quarter beginning February 1, 2024. The acquisition has no impact on our previously communicated guidance." Reference Link
META

Hot Stocks

05:57 EST Meta Oversight Board says Israel-Hamas videos should not have been removed - Meta's Oversight Board says Meta erred in removing two Israel-Hamas war videos as they were valuable to understanding human suffering, its first expedited cases. "In both cases, the Board overturned Meta's original decision to remove the content from its platforms but approved the company's subsequent decision to restore the posts with a warning screen," the Oversight Board said, while urging Meta to "respond more quickly to changing circumstances on the ground, which affect the balance between the values of voice and safety." Reference Link
NAAS

Hot Stocks

05:39 EST NaaS establishes strategic partnership with Shandong Hi-Speed New Energy - NaaS and its subsidiary Sinopower Holding formed strategic partnerships with Shandong Hi-Speed New Energy. The signing ceremony was held in Hong Kong Science Park. The parties plan to exploit respective resources, know-how and experience and team up with all ecosystem partners, to make a foray into all segments of the national or international new energy market, which include photovoltaic project development, construction and operation of charging stations, and development of smart microgrid systems, with a view to promoting regional low-carbon and green development.
IMPL

Hot Stocks

05:30 EST Impel Pharmaceuticals files for Chapter 11 to facilitate sale - Impel Pharmaceuticals announced that it is pursuing a sale of the company and has entered into an agreement with JN Bidco to serve as the "stalking horse" bidder to acquire the company and its assets. To facilitate an orderly sale process, the company has filed voluntary petitions to commence chapter 11 proceedings in the U.S. Bankruptcy Court for the Northern District of Texas, which will provide interested parties the opportunity to submit higher and better offers. The decision to file for Chapter 11 protection follows the strategic review process that Impel announced in October during which the company announced the exploration of a wide range of options including potential sale of assets of the Company, a sale of all the company, a merger or other strategic transaction. Impel intends to continue operating as usual throughout the court-supervised sale process, including providing wages and benefits to employees. To enable this, the company has filed certain customary "First Day" motions with the Court. Upon Court approval of these First Day motions, the company expects to minimize the impact of the sale process on the company's customers, employees, and other key stakeholders. The company has also appointed Brandon Smith, a senior managing director at Teneo Capital, as chief restructuring officer. Smith has more than 20 years of experience leading financial and operational restructuring matters, often in interim management roles. He previously held senior roles at firms including Ernst & Young, CR3 Partners, and Deloitte. In accordance with the sale process under Section 363 of the Bankruptcy Code, the company will solicit competing bids from interested parties, in an effort to achieve the highest and best value for the company's assets. Impel seeks to complete the sale process in the first quarter of 2024, with any sale subject to Court approval.
JAQC

Hot Stocks

05:26 EST Jupiter Acquisition announces termination of Filament Health combination - Jupiter Acquisition announced the mutually agreed termination of the previously announced business combination agreement with Filament Health Corp. The special meeting of stockholders of Jupiter scheduled to reconvene on Thursday, December 28. Eastern Time, at which stockholders of Jupiter were to be asked to vote to approve the business combination agreement and the business combination contemplated thereby, among other related matters, has been cancelled. Jupiter will redeem all of the outstanding shares of its Class A common stock issued as part of the units sold in Jupiter's initial public offering, effective as of the close of business on December 26 because Jupiter's board of directors has determined that Jupiter will not be able to consummate an initial business combination within the time period set forth in Jupiter's amended and restated certificate of incorporation, as amended. As permitted under the charter, the board has set December 19 as the termination date following which Jupiter will, in accordance with the charter, cease all operations except for the purpose of winding up, as promptly as reasonably possible but not more than ten business days thereafter subject to lawfully available funds therefor, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account not previously released to Jupiter to pay its taxes, divided by the number of the then outstanding public shares, which redemption will completely extinguish rights of the public stockholders, subject to applicable law, and as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the board in accordance with applicable law, dissolve and liquidate, subject in each case to Jupiter's obligations under the General Corporation Law of the State of Delaware to provide for claims of creditors and the requirements of other applicable law. The per-share redemption price for the public shares is expected to be approximately $10.34. In accordance with the terms of the related trust agreement and the charter, Jupiter expects to retain interest earned on the funds deposited in the trust account to pay its tax obligations, if any, and $100,000 of dissolution expenses. Jupiter's initial stockholders have agreed to waive their redemption rights with respect to the outstanding shares of Class A common stock issued upon conversion of the shares of Class B common stock issued prior to the IPO and underlying the private placement units issued in connection with the IPO. There will be no redemption rights or liquidating distributions with respect to Jupiter's warrants, which will expire worthless.
ARGX

Hot Stocks

05:20 EST Argenx announces ADDRESS study did not meet primary endpoint - Argenx announced topline results from the ADDRESS study evaluating efgartigimod subcutaneous, or SC, in adults with pemphigus vulgaris, or PV, and pemphigus foliaceus, or PF. The ADDRESS results show the proportion of PV patients achieving the primary endpoint of complete remission on a minimal dose of steroids was not significantly different between efgartigimod SC and placebo. Argenx will not pursue additional development in pemphigus and plans to prioritize clinical development of efgartigimod in its ongoing severe autoimmune indications. The Phase 3 ADDRESS study enrolled 222 adult patients with newly diagnosed or relapsing moderate-to-severe PV or PF. Patients were randomized to efgartigimod SC or placebo with both treatment groups receiving concomitant steroids at a starting dose of 0.5mg/kg, which is a lower dose than recommended by current treatment guidelines and was tapered according to protocol upon achievement of complete remission. Consistent pharmacodynamic, or PD, effect of efgartigimod SC: Treatment with efgartigimod SC led to total immunoglobulin G and desmoglein autoantibody reductions up to 75%. The observed PD effect was consistent with previous clinical trials of efgartigimod. Unexpected PD effect of corticosteroids: There was a higher than expected response to background treatment with corticosteroids, which showed a reduction of DSG-1 and DSG-3 levels of up to 70% in the placebo arm and correlated to sustained clinical benefit. The level of autoantibody reduction driven by corticosteroids in both treatment arms was sufficient for patients to achieve CRmin. The significant PD effect of corticosteroids was specific to DSG-1 and DSG-3 autoantibodies, while the observed effect on total IgG reduction was in line with the literature. Treatment with efgartigimod SC led to CRmin in 35.5% of patients compared to 30.3% with placebo. Secondary endpoints were also not met, including CRmin in the overall pemphigus population, cumulative dose of corticosteroids and time to disease control or complete remission. Efgartigimod SC was well-tolerated in ADDRESS. The observed safety and tolerability profile was consistent with other clinical trials and the confirmed safety profile of Vyvgart and Vyvgart Hytrulo. Argenx is reviewing the BALLAD study in light of the ADDRESS results and the comparable biology between pemphigus and bullous pemphigoid, and has decided not to make a GO/NO GO decision at this time but rather wait for learnings from all currently enrolled patients and consider a new trial design for the path forward.
JKS

Hot Stocks

05:10 EST JinkoSolar extends share repurchase program - JinkoSolar announced that its board of directors has authorized the company to extend its existing share repurchase program launched in July 2022 for an additional 18-month period through June 30, 2025. Under the existing share repurchase program, the company is authorized to repurchase up to $200M of its ordinary shares represented by American depositary shares, or ADSs. As of the date of this press release, the company had repurchased approximately $9.1M of the ADSs authorized under the existing share repurchase program, and the remaining approximately $190.9M of the ADSs had not been utilized. Under the extended share repurchase program, the company may repurchase up to approximately $190.9M of its ordinary shares represented by the ADSs through June 30, 2025.