Stockwinners Market Radar for January 23, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BTG

Hot Stocks

20:11 EST B2Gold guides 2024 gold production at 860K-940K oz - The company states: "Total gold production guidance for 2024 of 860,000 to 940,000 ounces, including 40,000 to 50,000 ounces of attributable production from Calibre. The expected decrease in gold production relative to 2023 is predominantly due to lower production at the Fekola Complex as a result of the delay in receiving an exploitation license for Fekola Regional from the Government of Mali, delaying the 80,000 to 100,000 ounces that were scheduled in the life of mine plan to be trucked to the Fekola mill and processed in 2024. The contribution of this gold production from Fekola Regional is now assumed to start at the beginning of 2025."
BTG

Hot Stocks

20:10 EST B2Gold reports Q4 gold production 288.7K oz - The company also "reported total gold production for 2023 at 1,061,060 ounces including 68,717 ounces of attributable production from Calibre, achieving the upper half of 2023 guidance of 1.00M-1.08M and marking the Company's eighth consecutive year of meeting or exceeding annual production guidance."
HRTX

Hot Stocks

20:07 EST Heron Therapeutics announces FDA approval of ZYNRELEF indication expansion - The company states: "Heron Therapeutics announced that the U.S. Food and Drug Administration has approved its supplemental New Drug Application for ZYNRELEF extended-release solution to expand the indication for soft tissue and orthopedic surgical procedures including foot and ankle, and other procedures in which direct exposure to articular cartilage is avoided. ZYNRELEF was previously approved for foot and ankle, small-to-medium open abdominal, and lower extremity total joint arthroplasty surgical procedures in adults. This expanded indication for ZYNRELEF will now cover an estimated 13 million procedures annually, an estimated increase of 86% over prior indicated procedures. To obtain this labeling expansion, Heron successfully conducted studies for cesarean section, spinal surgery, augmentation mammoplasty, and total shoulder arthroplasty. No unique safety issues were identified from the new clinical trials, and the bupivacaine and meloxicam blood concentrations were consistent with previous experience following ZYNRELEF administration. ZYNRELEF is the first and only therapy for postoperative pain management to be rigorously tested in Phase 3 studies and demonstrate superiority to bupivacaine solution, the current standard-of-care. ZYNRELEF demonstrated superiority compared to bupivacaine with lower pain scores, fewer patients experiencing severe pain, and lower opioid consumption. ZYNRELEF was initially approved by the FDA in May 2021 and received approval of the first supplemental NDA for an expanded label in December 2021."
DNA

Hot Stocks

20:05 EST Cathie Wood's ARK Investment bought 119K shares of Ginkgo Bioworks today
RXRX

Hot Stocks

20:04 EST Cathie Wood's ARK Investment bought 251K shares of Recursion Pharmaceuticals
INSG

Hot Stocks

19:50 EST Inseego trading halted, news pending
LBRT

Hot Stocks

19:47 EST Liberty Energy increases buyback authorization to $750M - Liberty Energy announced that its Board of Directors has increased its share repurchase authorization announced on July 25, 2022 to $750 million, a $250 million increase from the previously authorized and upsized amount. The Board has also extended the authorization through July 31, 2026.
EBAY

Hot Stocks

19:22 EST eBay up 3% at $42.60 after announcing 9% full-time staff reduction
FEAM

Hot Stocks

19:21 EST 5E Advanced Metals updates on mining operations at 5E Boron Americas Complex - The company states: "5E Advanced Materials, a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, announced that mining operations at the Company's 5E Boron Americas Complex are successfully running all four wells, and has confirmed the presence of lithium in the Pregnant Leach Solution and an increasing head grade of the boric acid content. The Company has been operating the mine in California since January 1st, 2024, and is producing initial results that are meeting or exceeding expectations." Chris Knight, Vice President of Operations at 5E Advanced Materials, stated, "We are thrilled with our initial results confirming lithium content and a consistently increasing boric acid head grade. This marks another crucial step in validating all our mining assumptions and confirms the overall value of our ore body. 5E has already started off 2024 with great momentum. We immediately launched operations across our wellfield, and the Company's contractors are finalizing the remaining areas of the processing plant, which will help to keep the 5E on its planned operational schedule. As we move forward through the year, we will aim to continue executing against our strategic and operational milestones."
EBAY

Hot Stocks

19:15 EST eBay to cut approximately 1,000 roles or 9% of full-time staff - In a note to the company, CEOJamie Iannone stated: "Team, We are on a path to building a stronger eBay for the future - one that is growing, and resilient in the face of any challenge. Over the past three years, we made fundamental changes in our experiences across categories and accelerated the pace of innovation at eBay. In areas where we're investing, we are seeing consistent increases in customer satisfaction and a meaningful improvement in our growth relative to the market. Our strategy is the right one, but there is more we can do to ensure our success. We need to better organize our teams for speed - allowing us to be more nimble, bring like-work together, and help us make decisions more quickly. Today, I am sharing news about changes we are implementing to better position eBay for long-term, sustainable growth. The most significant and toughest of these decisions is to reduce our current workforce by approximately 1,000 roles or an estimated 9% of full-time employees. Additionally, we plan to scale back the number of contracts we have within our alternate workforce over the coming months. These are not actions we take lightly - and we recognize the impact they will have on all eBayers. We have to say goodbye to people who have made so many important contributions to the eBay community and culture, and this isn't easy. Despite facing external pressures, like the challenging macroeconomic environment, we know we can be better with the factors we control. While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business. To address this, we're implementing organizational changes that align and consolidate certain teams to improve the end-to-end experience, and better meet the needs of our customers around the world." Reference Link
GETR

Hot Stocks

18:59 EST Getaround secures $20M in additional financing - The company stated: "Getaround announced a new debt facility with Mudrick Capital Management for up to $20 million in additional capital to provide funding for its 2024 operating plan, with Getaround having drawn the first $5 million. The financing follows strong Q3 2023 financial results that Getaround announced in their December earnings call: strong revenue growth and improvement in trip contribution margin. Additionally, Getaround just launched a new unified global app and website that enhances the booking experience for drivers and owners between the U.S. and Europe."
COST

Hot Stocks

18:57 EST Costco director Jelinek sells 8,000 common shares - In a regulatory filing, Costco director W. Craig Jelinek disclosed the sale of 8,000 common shares of the company on January 23 at a price of $685.932 per share.
SABS

Hot Stocks

17:59 EST SAB Biotherapeutics regains compliance with Nasdaq minimum bid price requirement - SAB Biotherapeutics announced that it received notice from The Nasdaq Stock Market LLC on January 23, 2024 informing the company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. On January 23, 2023, SAB received notice from Nasdaq that the company was not in compliance with the Rule, as its common shares failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. The company conducted a 1-for-10 reverse split of its common shares on January 5, 2024, to aid the compliance process. To regain compliance with the Rule, the company's common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. This requirement was met on January 23, 2024.
FHN

Hot Stocks

17:58 EST First Horizon authorizes $650M share repurchase program - First Horizon's board of directors has authorized the company to repurchase up to $650M of the company's common stock. This authorization will expire on January 31, 2025.
SHPW

Hot Stocks

17:54 EST Shapeways reports 100% y-o-y growth in automotive business - Shapeways announced a 100% year-over-year growth within its multi-million-dollar automotive business. Shapeways Enterprise Manufacturing Solutions continues to secure Tier 1 supplier and OEM direct multi-year production volume, including a recently expanded $1.5M contract with an American automotive manufacturer. In 2023, Shapeways purchased three new injection molding presses to further support automotive production volume. As a result of customer demand, the company has also doubled its manufacturing capabilities in titanium, investing in an additional GE Arcam EBM Q20 series printer.
DRS

Hot Stocks

17:47 EST Leonardo DRS unveils Stretto family of high-precision lasers - The company states: "Leonardo DRS announced that it has launched the Stretto family of high-precision lasers, a next-generation system with unparalleled performance covering the ultraviolet, visible, and near-infrared spectrum. The technology is designed to bring a range of new benefits to quantum information science, including computing, sensing, timing and networking. Stretto lasers are designed to bring the reliability and adaptability required for cutting-edge quantum applications and are engineered as a versatile product platform, enabling expansion across a broad wavelength range while maintaining a uniform footprint and interface. This design enables scientific discovery while facilitating scalability in quantum information science applications and ensuring seamless OEM integration without the need for extensive redesigns."
SAP

Hot Stocks

17:46 EST SAP to restructure business, roughly 8,000 jobs to be affected - SAP said that, in 2024, it will further increase its focus on key strategic growth areas, in particular Business AI. It also intends to transform its operational setup to capture organizational synergies, AI-driven efficiencies and to prepare the company for highly scalable future revenue growth. To this end, and to ensure that SAP's skill set and resources continue to meet future business needs, SAP plans to execute a company-wide restructuring program in 2024. The majority of the approximately 8,000 affected positions is expected to be covered by voluntary leave programs and internal re-skilling measures. Reflecting re-investments into strategic growth areas, SAP expects to exit 2024 at a headcount similar to current levels. Restructuring expenses are preliminarily projected at around EUR2B, the vast majority of which is expected to be recognized in the first half of 2024, impacting IFRS operating profit. Excluding restructuring expenses, the program is expected to provide only a minor cost benefit in 2024. Expected cost savings and re-investments are fully reflected in SAP's 2024 outlook and the updated 2025 non-IFRS operating profit- and free cash flow ambition.
CVII

Hot Stocks

17:44 EST Churchill Capital Corp VII to transfer listing to Nasdaq - Churchill Capital Corp VII, a special purpose acquisition company, announced that it plans to transfer the listing of its shares of Class A common stock, public warrants and public units from the New York Stock Exchange to Nasdaq Global Market. Churchill VII expects that listing and trading of its securities on the NYSE will end at market close on February 2, 2024, and expects to commence trading as a Nasdaq-listed company upon market open on February 5, 2024.
NFLX

Hot Stocks

17:24 EST Netflix says will continue to return excess cash through buybacks
NFLX

Hot Stocks

17:13 EST Netflix says licensing third-party games to be 'key' part of strategy - Says will continue to find "right opportunities" for licensing games to platform.
NFLX

Hot Stocks

17:11 EST Netflix says was in top mobile game downloads for several weeks in Q4 - Says tripled game engagement over last year. Says believes company can build games as a strong component and content category. Says "things are going well" with video game engagement growth.
GTE

Hot Stocks

17:10 EST Gran Tierra reports total 2023 average production up 6% vs. 2022 to 32,650 BOPD
GTE

Hot Stocks

17:09 EST Gran Tierra sees 2024 production up 4% y-o-y to 32K-35K BOPD - Gran Tierra Energy announced its 2024 capital budget and production guidance. Sees total 2024 production up 4% vs. 2022 to 32K-35K barrels of oil per day, or BOPD. Sees 2024 Capital Expenditure Budget of $210M-$240M and Cash Flow of $280M-$320M in Base Case. Sees 2024 mid-point Base Case 2024 capital budget of $225M, expected to be fully funded from the Base Case 2024 mid-point Cash Flow forecast of $300M. During 2024, Gran Tierra plans to allocate up to approximately 50% of its Free Cash Flow to share buybacks in the Base Case. During 2023, the Company repurchased approximately 7.1% of its outstanding shares. Targets a net debt to EBITDA ratio of 0.8 to 1.2 times.
SIG

Hot Stocks

17:08 EST Signet Jewelers CEO Drosos sells 10,000 common shares - In a regulatory filing, Signet Jewelers CEO Virginia Drosos sells 10,000 common shares of the company on January 22 at a price of $99.85 per share.
ISRG

Hot Stocks

17:05 EST Intuitive Surgical Sees FY24 procedure growth 13%-16% - Sees FY24 operating expenses up 11%-15%. Sees FY24 capital expenditures $1B-$1.2B. Sees FY24 tax rate 22%-24%. Says FY24 operating margin will be under pressure. Says sees opportunity for operating margin expansion. Says aspires to be above 70% gross margin. Says expects system placements in China to be at lower levels, especially in first half of FY24. Says cannot provide specificity around launch time and price for da Vinci 5 as it has not been approved by FDA yet. Says expects total placements in 2024 to be lower than 2023. Says new systems usually start at lower gross margins and build over time.
NFLX

Hot Stocks

17:04 EST Netflix says no immediate plans to expand ad business to new places - Says original films drawing "some of the biggest audiences in the world."
TC

Hot Stocks

17:02 EST TuanChe to implement ADS ratio change - TuanChe plans to change the ratio of its American Depositary Shares - ADSs - to Class A ordinary shares from the current ADS Ratio of one ADS to 16 Class A ordinary shares to a new ADS Ratio of one ADS to 240 Class A ordinary shares. TuanChe's ADSs will continue to be traded on the Nasdaq Stock Exchange under the symbol "TC." For TuanChe's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-fifteen reverse ADS split. The change in the ADS Ratio will have no impact on TuanChe's underlying Class A ordinary shares, and no Class A ordinary shares will be issued or canceled in connection with the change in the ADS Ratio. As a result of the change in the ADS Ratio, TuanChe's ADS trading price is expected to increase proportionally.
NFLX WWE

Hot Stocks

16:50 EST Netflix says WWE has been 'historically underdistributed' outside North America - Says WWE has grown multi-generational fanbase. Says WWE has been "historically underdistributed" outside North America. Says live programming fits into $17B content budget. Comments taken from Q4 earnings conference call.
EWBC

Hot Stocks

16:50 EST East West Bancorp down 4% at $70.55 after Q4 results
FIVE

Hot Stocks

16:48 EST Five Below director sells $1.86M in common stock - In a regulatory filing, Five Below disclosed that its director Thomas Vellios sold 10K shares of common stock January 19th in a total transaction size of $1.86M.
ISRG

Hot Stocks

16:44 EST Intuitive Surgical says da Vinci 5 will join existing robotic surgery portfolio - Says submitted 510(k) application for next generation multiport platform da Vinci 5. Says da Vinci 5 will join existing robotic surgery portfolio. Says completed IDE trial on da Vinci 5. Says has been in contact with FDA and responding to questions regarding da Vinci five. Says initiated conversations about da 5 with regulators in Japan and Korea. Comments taken from Q4 earnings conference call.
ISRG

Hot Stocks

16:41 EST Intuitive Surgical jumps 9% to $405.48 after Q4 results beat estimates
MSEX

Hot Stocks

16:36 EST Middlesex Water names Nadine Leslie as CEO - Middlesex Water has named Nadine Leslie as its new president and CEO effective March 1. Leslie joins Middlesex following a search for a successor to outgoing President & CEO Dennis Doll, who will retire from the company February 29. Leslie will also be appointed to the board of directors effective March 1. She previously served as CEO of Suez North America from 2019 to 2022.
TXN...

Hot Stocks

16:35 EST Texas Instruments down about 4% after Q4 results, below-consensus guidance - Shares of Texas Instruments (TXN) are down 3.6% or $6.34 afterhours at $168.00 per share following the company's Q4 revenue miss and below-consensus Q1 guidance. Shares of other semiconducturs are down in sympathy following Texas Instruments results - Analog Devices (ADI) is down 1.7%, NXP Semiconductors N.V. (NXPI) is down 2.7%, Microchip Technology (MCHP) is down 2.6%, Monolithic Power Systems (MPWR) is down 2.0%, and Qorvo (QRVO) is down 1.3%.
RIO

Hot Stocks

16:33 EST Rio Tinto to drive development of Australia's largest solar farm at Gladstone - Rio Tinto will drive development of Australia's largest solar power project near Gladstone, after agreeing to buy all electricity from the 1.1GW Upper Calliope Solar Farm to provide renewable power to Rio Tinto's Gladstone operations. The agreement will bring more renewable power into one of Australia's most important industrial hubs and marks another step towards Rio Tinto's climate goal of halving its global Scope 1 & 2 carbon emissions this decade. If combined with more renewable power and suitable firming, transmission and industrial policy, it could also provide the core of a solution to repower Rio Tinto's three Gladstone production assets - the Boyne aluminium smelter, the Yarwun alumina refinery and the Queensland Alumina refinery. Under a new power purchase agreement signed with European Energy Australia, Rio Tinto will buy all power generated from the Upper Calliope solar farm for 25 years. The plant will be built and operated by European Energy, at a site about 50 kilometres south-west of Gladstone, pending development and grid connection approvals. Once approved and developed, Upper Calliope would have the potential to lower Rio Tinto's operating carbon emissions by 1.8 million tonnes per year.
STLD

Hot Stocks

16:32 EST Steel Dynamics CEO sees increased demand across operating platforms in 2024 - "We believe the market dynamics are in place to support increased demand across our operating platforms in 2024," said CEO Mark Millett. "Steel pricing has firmed, and customer order entry activity continues to be solid across our steel operations, as demand continues to be steady and customer inventories remain at historically low levels. In addition, we believe demand for lower-carbon emission, U.S. produced steel products will also support future domestic steel pricing. The continued onshoring of manufacturing businesses, combined with the expectation of significant fixed asset investment to be derived from public funding related to the U.S. Infrastructure, Inflation Reduction Act, and Department of Energy programs, will competitively position the domestic steel industry. We believe this will benefit all of our operating platforms, especially our steel and steel fabrication businesses. Steel Dynamics continues to be in a position of strength as we enter 2024. We are ramping up operations at our new state-of-the-art electric arc furnace flat rolled steel mill located in Texas, and just recently completed construction of four additional value-added flat rolled steel coating lines comprised of two paint lines and two galvanizing lines with Galvalume coating capability. These lines will increase our value-added flat rolled steel annual capacity by 1.1 million tons. We plan to commission these lines during the first quarter of 2024. This demand environment, in combination with our ongoing expansion initiatives, provide firm drivers for our continued growth. The team continues to make great progress on our aluminum flat rolled products mill and related investments. We still plan to begin commissioning of the aluminum flat rolled mill mid-2025. We remain incredibly excited about this meaningful growth opportunity, which is aligned with our existing businesses and operational expertise," said Millett. "We have intentionally grown with our customers' needs, providing efficient sustainable supply-chain solutions for the highest quality products. Thus far, this has primarily been achieved within the steel industry - however, a significant number of our flat rolled steel customers are also consumers and processors of aluminum flat rolled products. We are pleased to further diversify our end markets with plans to supply aluminum flat rolled products with high recycled content to the countercyclical sustainable beverage can and packaging industry, in addition to the automotive, industrial, and construction sectors. We believe our unique performance-based operating culture, coupled with our considerable experience in successfully constructing and operating cost-effective, highly profitable flat rolled steel mills, positions us exceptionally well to execute this strategic opportunity and to deliver strong long-term value creation. Our planned biocarbon production facility is also progressing well, and the team plans to begin operating the plant before the end of 2024," said Millett. "This project is a key to our further decarbonization strategy for our already low-carbon emissions steel offerings. In combination, with our renewable product purchase agreement with NextEra, these two initiatives will help us achieve our stated Scope 1 and Scope 2 emissions reduction goals. Our commitment is to the health and safety of our teams, families, and communities, while meeting the current and future needs of our customers. Our culture and business model continue to positively differentiate our performance compared to others. We continue to strengthen our financial position through strong cash flow generation and the execution of our long-term strategy," concluded Millett.
APA

Hot Stocks

16:32 EST APA Corp. reports preliminary Q4 U.S. oil price $79.00 per barrel - Reports preliminary Q4 international oil price $83.00 per barrel. Reports Q4 U.S. natural gas liquids price $20.00 per barrel. Reports Q4 international natural gas liquids price $48.00 per barrel.
FTV

Hot Stocks

16:30 EST Fortive announces replenishment of buyback authorization - Fortive announced that its Board of Directors approved a replenishment of 11 million shares of Fortive common stock to the Company's previously announced share repurchase authorization, bringing the total amount for future repurchases to 20 million shares, including 9 million shares available under the prior authorization by the Board of Directors announced on February 17, 2022.
CORZ

Hot Stocks

16:30 EST Core Scientific emerges from Chapter 11 with strengthened balance sheet - Core Scientific announced it has successfully completed its reorganization pursuant to Chapter 11 of the United States Bankruptcy Code. The Company emerges from Chapter 11 with a strengthened balance sheet and expects to commence the listing of its common stock, tranche 1 warrants and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW and CORZZ, respectively, on January 24, 2024. "This week marks an important step forward for us as we emerge, re-list and now focus all our energy on the exciting opportunities ahead of us," said Adam Sullivan, Core Scientific Chief Executive Officer. "Throughout the reorganization process, the Company has maintained its position as one of the largest and most consequential bitcoin miners in North America. Now, with a pathway to de-lever our balance sheet, sufficient liquidity and an unmatched team, we are poised to execute our pragmatic growth plan, continue preparing for the coming halving and create value by transforming energy into high value compute for bitcoin mining and other potential applications." In 2023, Core Scientific produced 13,762 bitcoin from its owned fleet of miners and another 5,512 bitcoin on behalf of its hosting customers, some of which share proceeds with the Company. The Company is in the process of deploying and energizing approximately 27,000 new Bitmain S19 XP bitcoin miners and expects to deploy approximately 12,000 Bitmain S21 bitcoin miners before mid-year 2024. With 372 megawatts of partially developed infrastructure at its two Texas data centers, the Company plans to increase its capacity by more than 50% over the next four years at a much lower cost per megawatt as compared to new construction.
CNI

Hot Stocks

16:21 EST Canadian National increases quarterly dividend 7%, announces new NCIB - CN announced that its board has approved a 7% increase in the 2024 dividend on the company's common shares outstanding as well as the repurchase of its shares under a new normal course issuer bid, or NCIB. The bid permits CN to purchase, for cancellation, over a 12-month period up to 32M common shares, representing 5.63% of the 568,002,080 common shares issued and outstanding of the company not held by insiders on January 18. On that date, 642,832,885 common shares were issued and outstanding. CN's current normal course issuer bid, announced in January for the purchase of up to 32M common shares, expires on January 31. As at the close of trading on January 18, CN had repurchased 27,831,537 common shares at a weighted-average price of C$156.25 per share, excluding brokerage fees, returning C$4.35B to its shareholders. Purchases were made through the facilities of the Toronto stock exchange. CN's board of directors also approved a first-quarter dividend on the company's common shares outstanding. A quarterly dividend of C$0.84.5 per common share will be paid on March 28, to shareholders of record at the close of business on March 7.
DVN

Hot Stocks

16:18 EST Devon Energy chief accounting officer Jeremy Humphers to retire - Devon Energy announced that Jeremy Humphers, senior VP and chief accounting officer, is retiring from the company. Humphers will step down from his current role effective March 8. John Sherrer will succeed Humphers as VP, accounting and controller and will be designated as the company's principal accounting officer.
CDRE

Hot Stocks

16:18 EST Cadre raises quarterly dividend by 9% to 8.75c per share - Cadre's dividend payment will be made on February 16, 2024 to shareholders of record as of the close of business on the record date of February 2, 2024.
OGS

Hot Stocks

16:18 EST One Gas raises quarterly dividend to 66c from 65c per share - The dividend is payable March 8 to shareholders of record at the close of business Feb. 23. The company expects an average annual dividend increase of 1% to 2% through 2028, with a target dividend payout ratio of approximately 55% to 65% of net income, subject to approval by the board of directors.
CACI

Hot Stocks

16:17 EST CACI selected for $382M contract by U.S. Army - CACI International announced that it won a five-year, single-award task order valued at up to $382M to provide technology to the U.S. Army Combat Capabilities Development Command Engineering and Systems Integration Directorate (ESID) Trojan Engineering and Systems Integration Advancement of Trojan Systems. This work is part of the One Acquisition Solution for Integrated Services indefinite delivery, indefinite quantity contract vehicle.
NFLX

Hot Stocks

16:17 EST Netflix up 6% after paid net addition beat, operating margin forecast hike - Shares of Netflix are up 6% to $522.00in after-hours trading ahead of the company's earnings call.
NFLX...

Hot Stocks

16:08 EST Netflix says 'not interested in acquiring linear assets' - Netflix said in its quarterly letter to investors: "As our competitors adjust to these changes, it's logical to expect further consolidation, particularly among companies with large and declining linear networks. We're not interested in acquiring linear assets. Nor do we believe that further M&A among traditional entertainment companies will materially change the competitive environment given all the consolidation that has already happened over the last decade... It's why continuing to improve our entertainment offering is so important, and as many of our competitors cut back on their content spend, we continue to invest in our slate. In FY24, we expect a high single digit percentage year over year increase in content amortization. If we continue to execute well and drive continuous improvement - with a better slate, easier discovery and more fandom - while establishing ourselves in new areas like advertising and games, we believe we have a lot more room to grow."
HPE

Hot Stocks

16:07 EST HP Enterprise names Kristin Major as Chief People Officer - Hewlett Packard Enterprise named Kristin Major as executive vice president and chief people officer, effective February 1, 2024, reporting to president and chief executive officer Antonio Neri. Major has been with HPE since 2011, most recently serving as senior vice president of human resources and chief talent officer. Over the course of her career with HPE, Major has led HR for HPE GreenLake, HPE Aruba Networking, the HPE Transformation Office, and HPE's chief technology officer.
NFLX...

Hot Stocks

16:06 EST Netflix says 'logical to expect further consolidation' - Netflix said in its quarterly letter to investors: "Entertainment has always been a fast changing industry - with new technology and consumer behavior patterns creating new business models. Choice and control are the price of entry in modern entertainment, and that is streaming. It's what consumers want, and we believe it's the best way for our industry to stay relevant and growing. As Netflix has shown, it can also be a very healthy business. Since our global launch in 2016, we've been able to invest heavily in our slate - with content amortization up almost 3X from $4.8B in 2016 to $14.2B in 2023 - while steadily increasing our operating margins (up more than 5X, from 4% to 21% over the same period) and growing our free cash flow (from negative $3.3B in 2019 to positive $6.9B in 2023). As our competitors adjust to these changes, it's logical to expect further consolidation, particularly among companies with large and declining linear networks. We're not interested in acquiring linear assets. Nor do we believe that further M&A among traditional entertainment companies will materially change the competitive environment given all the consolidation that has already happened over the last decade (Viacom/CBS, AT&T/Time Warner, Disney/Fox, Time Warner/Discovery, etc.). But we expect our industry to remain highly competitive given: the franchise strength and programming expertise within traditional entertainment companies; ongoing heavy investment from large tech players like YouTube, Amazon and Apple; and broader competition for people's time, including gaming and social media."
YGMZ

Hot Stocks

16:06 EST MingZhu Logistics receives Nasdaq minimum bid price requirement extension - MingZhu Logistics received notification from Nasdaq confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through July 22. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by July 22.
ALSN

Hot Stocks

16:06 EST Allison Transmission forms strategic pact with SANY for mining vehicles - Allison Transmission announces a strategic partnership agreement with SANY, a global heavy equipment manufacturer for the mining and construction markets. Allison will supply its family of Off Road Series and Wide Body Dump Series transmissions for integration into their lineup of mining vehicles including the next-generation SANY SKT105 wide body mining dump truck, rigid dump trucks and articulated dump trucks.
NFLX

Hot Stocks

16:05 EST Netflix increasing FY24 operating margin forecast - Netflix said: "We are increasing our full year 2024 operating margin forecast from 22%-23% to 24% (based on F/X rates as of January 1, 2024). This reflects the weakening of the US dollar vs. most other currencies since October as well as our stronger-than-forecasted Q4'23 performance and our expectation for how that will carry through 2024. As we noted in our Q3 letter, while we've launched a F/X risk management program with a goal of reducing near term volatility, we aren't fully hedged, which is why we are still guiding and managing to a F/X neutral operating margin target. Our goal is to steadily increase our operating margin each year, though the rate of margin expansion may vary year to year."
NFLX

Hot Stocks

16:04 EST Netflix sees Q1 paid net additions to be down sequentially, up versus prior year - Netflix said: "Similar to prior years, we expect paid net additions to be down sequentially (reflecting typical seasonality as well as some likely pull forward from our strong Q4'23 performance) but to be up versus Q1'23 paid net adds of 1.8M. We expect global ARM to be up year over year on a F/X neutral basis in Q1."
TXN

Hot Stocks

16:03 EST Texas Instruments CEO says increasing weakness across industrial in Q4 - Regarding the company's performance and returns to shareholders, Haviv Ilan, TI's president and CEO, made the following comments: "Revenue decreased 10% sequentially and 13% from the same quarter a year ago. During the quarter we experienced increasing weakness across industrial and a sequential decline in automotive. Our cash flow from operations of $6.4 billion for the trailing 12 months again underscored the strength of our business model, the quality of our product portfolio and the benefit of 300mm production. Free cash flow for the same period was $1.3 billion. Over the past 12 months we invested $3.7 billion in R&D and SG&A, invested $5.1 billion in capital expenditures and returned $4.9 billion to owners. TI's first quarter outlook is for revenue in the range of $3.45 billion to $3.75 billion and earnings per share between $0.96 and $1.16. We now expect our 2024 effective tax rate to be about 13%."
NFLX

Hot Stocks

16:02 EST Netflix reports Q4 global streaming paid net additions of 13.12M - Netflix said in its quarterly letter to investors: "Paid net additions totaled 13.1M in Q4'23 vs. 7.7M in Q4'22 - our largest Q4 ever. ARM was up 1% year over year on both a reported and F/X neutral basis."
SPGI

Hot Stocks

15:26 EST S&P Global raises dividend 1.1% to 91c per share - The board of directors of S&P Global approved a 1.1% increase in the regular quarterly cash dividend on the company's common stock. The company has paid a dividend each year since 1937 and is one of fewer than 25 companies in the S&P 500 that has increased its dividend annually for at least the last 51 years. The quarterly dividend will increase from 90c to 91c per share. The dividend of 91c is payable on March 12, 2024, to shareholders of record on February 27, 2024. The new annualized dividend rate is $3.64 per share.
LUV

Hot Stocks

14:58 EST Southwest flight attendants approve strike authorization - The Transport Workers Union of America Local 556 announced results of members' strike authorization vote. "More than 98% of voting members authorized the TWU Local 556 Executive Board to call for a strike against Southwest Airlines," the union, which states that it represents more than 21,000 flight attendants at Southwest Airlines, announced in a press release.
ZJYL

Hot Stocks

14:22 EST Jin Medical International Ltd trading resumes
ZJYL

Hot Stocks

14:12 EST Jin Medical International Ltd trading halted, volatility trading pause
BILI

Hot Stocks

13:31 EST Bilibili jumps 8% after MrBeast posts video on platform - Shares of Bilibili are higher after YouTube star Jimmy Donaldson, better known as MrBeast, posted a video on the company's platform. Donaldson chose Bilibili to debut a video in China and asked viewers what they would like to see from him. Shares of Bilibili are up 8% to $9.90 in afternoon trading. Reference Link
FOXA FOX

Hot Stocks

13:02 EST Nielsen announces multi-year renewal agreement with Fox - Nielsen announced a multi-year renewal agreement with Fox. The deal includes measurement of Fox networks across broadcast, cable and free streaming and includes Nielsen ONE Ads measurement across all Fox properties. Also with this agreement, Fox will continue to license Nielsen's suite of planning and audience measurement solutions to "help advertisers and agencies reach audiences at scale for critical live news and sports programming." Nielsen also continues to be a measurement provider for digital ad measurement on Fox's streaming platform, Tubi, the company said.
PLUG

Hot Stocks

12:52 EST Plug Power CFO sees taking goodwill impairment of up to $250M - On the company's 2024 Business Update Call earlier, Plug Power CFO Paul Middleton stated: "The last comment I would make is that given the softening in the capital markets and our stock price, it has led us to do a more in-depth evaluation of the goodwill we have on our balance sheet. Given the market dynamics, it appears likely we will take an impairment charge for the goodwill, which could be an amount of up to $250M. This would be a noncash charge and the final determination will be made as we get closer to the end of February with our filing. Turning our focus to '24. We know we must significantly improve margins and cash flow, and we see this as an opportunity to reset given ongoing economic and market conditions. Our near-term strategies are focused primarily on cash and margin enhancement. We are actively pursuing significant price increases across all our offerings, including equipment, service and fuel. This is a paradigm shift as we have historically not raised prices even during inflationary times when market rates have increased. We've implemented a hiring freeze and will use attrition to naturally lower payroll cost. We've grown the team a lot over the last few years, and we now need to optimize the leverage of the capabilities we've built and drive increased collaboration and precision of focus."
PLUG

Hot Stocks

12:47 EST Plug Power jumps after saying near $1.6B DOE loan - On the company's 2024 Business Update Call earlier, Plug Power CEO Andy Marsh stated: "I'd like to begin by sharing the exciting news that our Georgia plant is now operational. This facility stands as the largest PEM electrolyzer plant in operation across North America and Europe, and it's coupled with our liquefaction plant. Achieving this milestone previously only within the reach of traditional industrial gas companies marks a significant achievement and signals a new era for the hydrogen industry. While the construction took slightly longer than expected, it still progressed at a pace unmatched by other projects of comparable size and complexity in our sector. And we'll continue as we anticipate that our joint venture plant in St. Gabriel with Olin will start its operation in the third quarter of 2024, positioning us as one of the largest liquid hydrogen producers globally. Our strategy to expand our plant operations will be carefully timed to align with market development and the support we receive from the Department of Energy. On this note, I'm thrilled to announce that Plug Power has finalized the term sheet negotiation with the Department of Energy for a $1.6 billion loan facility. We were notified yesterday that the application has been submitted to the Credit Review Board for their final considerations and issuance of a conditional commitment. This funding, when received, will support the development construction and ownership of up to 6 hydrogen production facilities, significantly advancing green hydrogen deployment in the United States. The loan can catalyze our ongoing projects with the planned facilities expected to generate over 200 tons of hydrogen daily. We're grateful for our partnership with the Department of Energy and look forward to our continued collaboration which will play a pivotal role in scheduling our forthcoming plants in Texas and New York. Addressing the critical issue of cash management and resolving our going concern is now our foremost priority." In early afternoon trading, shares of shares of Plug Power are up 47c, or nearly 17%, to $3.31.
LLY

Hot Stocks

12:03 EST Eli Lilly unit says participant in Phase 1/2 study had hearing restored - Akouos, a wholly owned subsidiary of Eli Lilly, announced "positive" initial clinical results from the Phase 1/2 AK-OTOF-101 study, which demonstrated pharmacologic hearing restoration within 30 days of AK-OTOF administration in the first participant, an individual with a decade-plus history of profound hearing loss. The first participant to receive AK-OTOF in the study, an 11-year-old at the time of AK-OTOF administration with profound hearing loss from birth, experienced restored hearing within 30 days of AK-OTOF administration, the company said in a statement. In this individual, hearing was restored across all tested frequencies, achieving thresholds of 65 to 20 dB HL, and within the normal hearing range at some frequencies at the day 30 visit. Both the surgical administration procedure and the investigational therapy were well tolerated, and no serious adverse events were reported, according to the company.
SAVE

Hot Stocks

12:00 EST Spirit Airlines rises 10.4% - Spirit Airlines is up 10.4%, or 83c to $8.81.
TKO

Hot Stocks

12:00 EST TKO Group rises 14.4% - TKO Group is up 14.4%, or $11.19 to $88.59.
UP

Hot Stocks

12:00 EST Wheels Up rises 17.0% - Wheels Up is up 17.0%, or 60c to $4.12.
ANVS

Hot Stocks

12:00 EST Annovis Bio falls -11.9% - Annovis Bio is down -11.9%, or -$1.54 to $11.39.
MMM

Hot Stocks

12:00 EST 3M falls -12.3% - 3M is down -12.3%, or -$13.26 to $94.76.
DEC

Hot Stocks

12:00 EST Digital Equipment Corporation falls -16.3% - Digital Equipment Corporation is down -16.3%, or -$2.16 to $11.12.
PARA PARAA

Hot Stocks

11:39 EST CBS Sports' presentation of Chiefs-Bills surpassed 50M viewers - Paramount's CBS Sports said that CBS Sports' presentation of Chiefs-Bills on Sunday is the most-watched NFL Divisional Playoff Game ever and the first to surpass 50M viewers, averaging 50.393M and up +10% vs. last year's comparable window of Cowboys-49ers, which had 45.659M viewers. The previous record was 48.522M viewers for Cowboys-Packers on Jan. 15, 2017. Kansas City's 27-24 victory was the most-watched program on any network since Super Bowl LVII, CBS said, adding that Sunday's game peaked with more than 56M viewers and that Paramount+ recorded its most-streamed live event ever.
SIX FUN

Hot Stocks

11:34 EST Six Flags, Cedar Fair receive DOJ requests for more information related to deal - According to a regulatory filing, on January 22, 2024, Six Flags (SIX) and Cedar Fair (FUN) received a request for additional information and documentary materials from the Department of Justice in connection with the DOJ's review of the Mergers. The effect of a Second Request is to extend the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, until 30 days after each of Six Flags and Cedar Fair has substantially complied with the Second Request issued to it, unless that period is extended voluntarily by the parties or terminated earlier by the DOJ. Per the terms of the Merger Agreement, Cedar Fair and Six Flags will use their reasonable best efforts to certify substantial compliance with the Second Request on or before May 2, 2024. Completion of the Mergers remains subject to the expiration or termination of the waiting period under the HSR Act and the satisfaction or waiver of the other closing conditions specified in the Merger Agreement. Six Flags and Cedar Fair continue to work constructively with the DOJ in its review of the Mergers and continue to expect that the Mergers will be completed in the first half of 2024, subject to the fulfillment of the closing conditions, including receipt of required regulatory approvals and approval of Six Flags' stockholders.
LMT

Hot Stocks

11:31 EST Lockheed Martin says 10.5% margin a good jumping off point for 2025
LMT

Hot Stocks

11:27 EST Lockheed Martin committed to disciplined capital returns to shareholders - Expects another year of capital deployment.
AMZN

Hot Stocks

11:18 EST Amazon fined $35M by French privacy watchdog CNIL - France's privacy watchdog has fined Amazon's French warehouse business EUR 32M, or $35M for using an "excessively intrusive system" for monitoring employee activity and performance. The company was also fined for video surveillance without information nor sufficient security. Reference Link
LMT

Hot Stocks

11:17 EST Lockheed Martin still targeting delivery of upgraded F-35 in Q2 - The company said, 'We are making continued progress towards delivering the first TR 3 configured aircraft. Today, over 90% of the TR 3 functionality is currently in flight test and we are further advancing the software integration to include additional aircraft and mission subsystems. While this system maturation process continues to advance, it is taking somewhat more time than we originally anticipated. The second quarter customer acceptance of delivery software remains our target; however, we now believe that a third quarter may be more likely scenario for a TR 3 software acceptance. We are taking the time and attention to get this technology insertion right the first time, because it will be absolutely worth it. '
UAL

Hot Stocks

11:13 EST United Airlines sees positive TRASM for the year, not giving exact guidance
LMT

Hot Stocks

11:11 EST Lockheed Martin says international demand for F-35 'remains strong' - Says delivered 'strong' financial results for shareholders. Says will sustain focus on returns to shareholders in 2024. Says deepened relationships with partners internationally. Says delivered 18 F-35 aircraft in Q4. Says Q3 might be more likely scenario for TR3 technology acceptance. Sees 75-110 deliveries in 2024. Comments taken from Q4 conference call.
UAL BA

Hot Stocks

11:00 EST United Airlines: 'Unrealistic' to expect 31 MAX 9 deliveries this year - Sees reduction in Boeing orders, deliveries in 2025.
UAL

Hot Stocks

10:59 EST United Airlines has 107 aircrafts scheduled for delivery in 2024 - Says 31 of those are Boeing 737 MAX 9s.
LAW

Hot Stocks

10:57 EST DISCO appoints Melanie Antoon as CCO, Karen Herckis as CHRO - DISCO announced the promotion of two senior leaders to C-level roles. Melanie Antoon will serve as DISCO's first Chief Customer Officer and Karen Herckis has been appointed Chief Human Resources Officer. In this new role, Antoon will have leadership over the Customer Success team in addition to the Professional Services and Review organizations that she previously led while serving as DISCO's SVP of Professional Services. Antoon's newly created Customer Experience team will deliver enhanced methods of engagement to drive better customer outcomes. As CHRO, Herckis will continue to lead DISCO's People team and be instrumental in evolving the company's culture. Herckis will continue to focus on attracting and retaining top talent and strengthening leadership capabilities throughout the organization. In her previous role as SVP of Human Resources, Herckis also helped lead DISCO's successful globalization efforts.
UAL

Hot Stocks

10:56 EST United Airlines says internal targets are higher than guidance - United plans to update longer-term financial targets at its upcoming Investor Day.
UAL BA

Hot Stocks

10:45 EST United Airlines: Boeing 737 MAX 9 aircraft represents 8% of capacity in Q1
UAL

Hot Stocks

10:45 EST United Airlines: Revenues to adjust to new cost reality
UAL BA

Hot Stocks

10:44 EST United Airlines: Working carefully to ensure safety of MAX 9 aircraft
UAL

Hot Stocks

10:42 EST United Airlines: Supply chain challenges 'aren't going away any time soon'
GOLD

Hot Stocks

10:38 EST Barrick Gold's Lumwana Super Pit project on track for first production in 2028 - Barrick Gold Corporation announced that the Lumwana copper mine's Super Pit expansion project has been accelerated with first production now scheduled for 2028, Barrick president and CEO Mark Bristow advised Zambian president Hakainde Hichilema at their meeting. The estimated cost of the project is almost $2B and construction is scheduled to start towards the end of this year, Barrick said.
UAL

Hot Stocks

10:37 EST United Airlines underestimated inflationary pressure in 2023
UAL

Hot Stocks

10:36 EST United Airlines sees 'repeat' of 2023 trends in 2024 - Sees "challenges" in operating environment in 2024. Comments taken from Q4 earnings conference call.
IBCP

Hot Stocks

10:19 EST Independent Bank announces 4% increase in quarterly dividend to 24c per share - Independent Bank Corporation announced that its Board of Directors declared a quarterly cash dividend on its common stock of 24c per share. This dividend is payable on February 15, 2024 to shareholders of record on February 5, 2024. The quarterly dividend represents a 4% increase over the quarterly dividend rate paid for each quarter in 2023. William B. Kessel, the President and CEO of Independent Bank Corporation, commented: "This marks the eleventh consecutive annual increase in our dividend for our shareholders. Our consistent long-term operating performance, a strong capital position and an optimistic outlook for our future supports our board's decision for this dividend increase."
PRPO

Hot Stocks

10:04 EST Precipio reports Q4 cash burn from operations below $100,000 - Precipio announces that continued revenue growth generated cash levels that bring the company closer to breakeven. Cash Burn From Operations declined by over 90% from the previous quarter, from approximately $1M/quarter in Q3-2023 to below $100k/quarter in the following recent quarter Q4-2023. Precipio's end of quarter cash balance changed from approximately $1.5M at the end of Q3-2024, to approximately $1.4M as of Dec 31, 2023. This was achieved without any significant increase in AP. While management is pleased with this accomplishment which continues to move the company forward towards breakeven, it cautions that Q1-2024 may not demonstrate the same results, for several reasons. First, the pathology business typically experiences a seasonal decline during the year-end holidays, which would impact revenue and cash receipts going into the start of Q1-2024. Basic human psychology has taught us that people tend to prefer to put off "bad news" until after the holidays. Subsequently, new patient visits to our customers decline, and with it drops the biopsy volume received in our laboratory. Second, many insurance plans reset at the start of the calendar year. This means that patients must first meet their deductibles before insurance payments begin to kick in. While historically we have not seen an adverse impact in overall cash collection rates, we have experienced a lag of 30-60 days in the receipt of payments from some insurance carriers, which will impact cash receipts in Q1 of 2024. Notwithstanding the above mentioned "seasonal" effects, the Q4-2023 CBFO results demonstrate the company's ability to approach cash flow breakeven. With the high variable margins generated by product sales, management believes that achieving incremental growth to close the remaining gap is very much attainable.
MAR

Hot Stocks

10:01 EST Marriott, Delonix Group announce strategic cooperation agreement in China - Marriott International and Delonix Group announced a long-term cooperation agreement under which the two companies will work together to grow Marriott's Tribute Portfolio brand in mainland China. The Delonix portfolio currently includes ten hotel brands with over 1,400 hotels open or in the development pipeline. The parties anticipate that at least 100 properties could become part of the Tribute Portfolio over the coming years. Through this collaboration, Marriott International will franchise its Tribute Portfolio brand in connection with selected Grand New Century and other premium brand hotels managed by Delonix Group. The hotels are expected to be available for booking through both companies' direct booking channels and to participate in the parties' respective loyalty programs.
ANVS

Hot Stocks

10:00 EST Annovis Bio falls -7.8% - Annovis Bio is down -7.8%, or -$1.01 to $11.92.
MMM

Hot Stocks

10:00 EST 3M falls -9.3% - 3M is down -9.3%, or -$10.08 to $97.94.
DEC

Hot Stocks

10:00 EST Digital Equipment Corporation falls -16.8% - Digital Equipment Corporation is down -16.8%, or -$2.23 to $11.05.
NIO

Hot Stocks

10:00 EST Nio rises 11.5% - Nio is up 11.5%, or 69c to $6.67.
SAVE

Hot Stocks

10:00 EST Spirit Airlines rises 14.3% - Spirit Airlines is up 14.3%, or $1.14 to $9.12.
TKO

Hot Stocks

10:00 EST TKO Group rises 21.4% - TKO Group is up 21.4%, or $16.59 to $94.00.
FOR

Hot Stocks

09:48 EST Forestar Group rises 11.4% - Forestar Group is up 11.4%, or $3.96 to $38.73.
NIO

Hot Stocks

09:48 EST Nio rises 12.6% - Nio is up 12.6%, or 76c to $6.74.
TKO

Hot Stocks

09:47 EST TKO Group rises 22.9% - TKO Group is up 22.9%, or $17.70 to $95.11.
ANVS

Hot Stocks

09:47 EST Annovis Bio falls -8.0% - Annovis Bio is down -8.0%, or -$1.03 to $11.90.
MMM

Hot Stocks

09:47 EST 3M falls -8.4% - 3M is down -8.4%, or -$9.10 to $98.92.
DEC

Hot Stocks

09:47 EST Digital Equipment Corporation falls -14.8% - Digital Equipment Corporation is down -14.8%, or -$1.96 to $11.32.
DHI

Hot Stocks

09:46 EST D.R. Horton sees dividend payments about $400M for 2024
KSCP

Hot Stocks

09:45 EST Knightscope says Texas municipality adds three K1 Blue Light Towers - Knightscope announces that a major city in Texas is adding 3 K1 Blue Light Towers to the existing 16 already in use by the city's department of parks and recreation. This will bring the total number of Knightscope towers in use to 19 for this user, all of which will be monitored by the Knightscope Emergency Management System software.
JNJ

Hot Stocks

09:40 EST Johnson & Johnson sees FY24 MedTech sales above pre-Covid levels - Sees FY24 Pharma sales lower in 2H vs.1H on Stelara. Says "very well positioned" to entertain many types of M&A deals. Says "agnostic" to sector or size when it comes to M&A. Says "very positive outlook" for Orthopedics business.
MCAF

Hot Stocks

09:35 EST Mountain Crest Acquisition Corp IV trading resumes
NVVE

Hot Stocks

09:31 EST Nuvve Holding awarded $16M contract from Fresno EOC - Nuvve Holding was selected and approved by the Board of the Fresno Economic Opportunities Commission to implement its turnkey fleet electrification program for Fresno EOC's 50-shuttle fleet. Nuvve assisted Fresno EOC, one of the largest nonprofit community action agencies in the U.S., in securing grant funding through the Carl Moyer Memorial Air Quality Standards Attainment Program and Pacific Gas & Electric. This groundbreaking initiative underscores Fresno EOC's commitment to sustainable transportation and marks a significant step towards reducing the city's carbon footprint.
CART

Hot Stocks

09:31 EST Instacart says lock-up and market stand-off agreements to terminate February 15 - Instacart announced it will report its fourth quarter and full year 2023 financial results after market close on Tuesday, February 13. Instacart management will also host a conference call to discuss the company's results at 5:00 p.m. Eastern Time on Tuesday, February 13. At the opening of regular trading on Thursday, February 15, the lock-up and market stand-off agreements executed by Instacart's directors, officers, and holders of substantially all of Instacart's common stock and securities exercisable for or convertible into Instacart's common stock will terminate, the company also announced.
AGRX

Hot Stocks

09:30 EST Agile Therapeutics notes Biden administration guidance on contraceptive access - Agile Therapeutics commends the Biden-Harris Administration for their continued commitment to reproductive health including increasing access to no-cost contraception. Following several months of focus by the Biden Administration and lawmakers on contraception and impermissible barriers to reproductive healthcare, the Departments of Labor, Health and Human Services, and the Treasury jointly released new guidance in the form of Frequently Asked Questions on Monday, January 22, 2024. The FAQ outlines a "new pathway for plans and issuers to meet existing obligations under federal law by covering, at no cost, a broader range of FDA-approved contraceptive drugs and certain devices." The Tri-Agencies describe how plans may comply with the ACA requirement to cover contraception without cost sharing by "covering all [FDA] approved drugs and drug-led devices other than those for which there is a covered therapeutic equivalent" as identified in the Orange Book. This new pathway comes after reports of many plans and issuers imposing impermissible barriers to no-cost contraceptive coverage The new guidance follows the President's Executive Order in June 2023, which directed the Secretaries to consider actions, to the greatest extent permitted by law, that will ensure coverage of comprehensive contraceptive care including all contraceptives approved, granted, or cleared by the Food and Drug Administration, without cost sharing for enrollees, participants, and beneficiaries. "We recognize the importance of reproductive freedom for women and applaud the administration for taking concrete actions to ensure women have access to the contraceptive product that is right for them without barriers and cost-sharing," said Agile Therapeutics, Inc.'s Chairperson and Chief Executive Officer Al Altomari. "We believe the new guidelines take a significant step towards eliminating financial barriers to contraceptives and we look forward to working with patients and providers interested in a low dose patch option like Twirla."
MCAF

Hot Stocks

09:30 EST Mountain Crest Acquisition Corp IV trading halted, volatility trading pause
TRNO

Hot Stocks

09:21 EST Terreno Realty announces redevelopment in two-building property in California - Terreno Realty announced the commencement of the redevelopment of Terreno Realty Corporation's 231,000 square foot two-building property on 11.1 acres in Gardena, California. The property at 1855 W 139th Street is south of I-105 and between I-405 and I-110. After demolition of the existing buildings and redevelopment, expected to be completed in 2027, the property will contain three industrial buildings totaling 228,000 square feet with 34 dock-high and 17 grade-level loading positions and parking for 332 cars for a total expected additional investment of $64M. The redeveloped property is expected to achieve LEED certification and the estimated stabilized cap rate is 6.1%. Terreno Realty Corporation has executed a short-term lease for the existing property with an e-commerce firm that commenced January 19, 2024 and will expire January 2026. Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy divided by total acquisition cost. Total acquisition cost includes the initial purchase price, the effects of marking assumed debt to market, buyer's due diligence and closing costs, estimated near-term capital expenditures and leasing costs necessary to achieve stabilization.
BMY MRTX

Hot Stocks

09:20 EST Bristol Myers completes acquisition of Mirati Therapeutics - Bristol Myers Squibb (BMY) announced that it has successfully completed its acquisition of Mirati Therapeutics (MRTX). With the completion of the acquisition, Mirati shares have ceased trading on the NASDAQ Global Select Market and Mirati is now a wholly owned subsidiary of Bristol Myers Squibb. "The closing of the Mirati transaction is a significant milestone in our efforts to further diversify our oncology portfolio and strengthen our pipeline in the latter half of the decade and beyond," said Chris Boerner, Ph.D., Chief Executive Officer, Bristol Myers Squibb. "Mirati's incredibly talented employees have built a strong portfolio of assets and capabilities that are highly complementary with BMS'. We welcome them and look forward to working together to leverage BMS' global scale and resources to deliver more treatments for cancer patients, faster." Through this transaction, BMS has added commercialized lung cancer medicine KRAZATI to its oncology portfolio as well as several promising clinical assets. The transaction is expected to be treated as a business combination and to be dilutive to Bristol Myers Squibb's non-GAAP earnings per share by approximately $0.35 per share in 2024.
VNDA

Hot Stocks

09:18 EST Vanda Pharmaceuticals' IND application for VCA-894A granted FDA approval - Vanda Pharmaceuticals announced that the FDA has approved the Investigational New Drug, or IND, application to evaluate VCA-894A for the treatment of a patient with Charcot-Marie-Tooth disease, axonal, type 2S - CMT2S -, caused by cryptic splice site variants within the IGHMBP2 gene. CMT2S is a rare subtype of Charcot-Marie-Tooth disease, an inherited peripheral neuropathy for which there is no available treatment. CMT2S is characterized by slowly progressive distal muscle weakness and atrophy, affecting the upper and lower limbs in a child's first decade of life. The estimated overall prevalence of CMT is 1 in 2,500 individuals. The prevalence of the CMT2S variant is estimated to be less than 1 in 1,000,000 worldwide.
BLZE CVLT

Hot Stocks

09:14 EST Backblaze names Ngo as Chief Product Officer - Backblaze (BLZE) announced that David Ngo has joined the company as Chief Product Officer, CPO. A Software as a Service data protection industry veteran with more than 25 years of global leadership experience, Ngo will spearhead the company's global product management function, shaping the strategy, crafting the technology roadmap and overseeing execution. Ngo previously served as the global chief technology officer for Metallic, a division of Commvault (CVLT).
DSX

Hot Stocks

09:13 EST Diana Shipping announces sale of a Panamax Dry Bulk Vessel, the m/v Artemis - Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2006-built vessel "Artemis", with delivery to the buyer latest by March 8, 2024, for a sale price of US$12.99 million before commissions. Upon completion of the aforementioned sale, Diana Shipping Inc.'s fleet will consist of 39 dry bulk vessels. As of today, the combined carrying capacity of the Company's fleet, including the m/v Artemis, is approximately 4.5 million dwt with a weighted average age of 10.59 years.
SAM DKNG

Hot Stocks

09:13 EST Samuel Adams, DraftKings partner for fan prediction pool - Spring is so close, we can almost taste it. But, every year all eyes are on Gobbler's Knob, Pa., and if the fuzzy meteorologist Punxsutawney Phil, will see his shadow revealing whether we're in for more winter hibernation or an early spring awakening. Taking the weather forecast tradition into their own hands as the Official Beer of Groundhog Day, Samuel Adams (SAM) is teaming up with DraftKings Inc. (DKNG) to give drinkers a first-of-its-kind fan prediction pool: "Groundhog Day Prediction Pool Presented by Samuel Adams Cold Snap." Looking to pre-game Phil's big moment? This calls for a Cold Snap. Ahead of Groundhog Day, drinkers can participate in the free-to-play pool at Draftkings.com/samueladams and answer a series of Groundhog Day and sports-related questions, ultimately predicting whether or not Punxsutawney Phil will see his shadow. Customers who rack up the most points will win a share of the total cash prize of $10,000.
EDBL

Hot Stocks

09:12 EST Edible Garden receives US patent for GreenThumb Agriculture System - Edible Garden announced that the U.S. Patent and Trademark Office, USPTO, has issued a patent related to its Greenhouse Agriculture System, GreenThumb. The USPTO has issued U.S. Patent No. 11,830,088 B2, titled, "Greenhouse Agriculture System," to Edible Garden AG Incorporated. The patent encompasses methods and systems designed for optimizing various aspects of greenhouse farming, including the planting process, the application of pesticides, and the harvesting of greenhouse crops, such as herbs. The greenhouse system is designed to incorporate the use of sensors and a proprietary learning engine. The data collected from these sensors is instrumental in forecasting the availability of the crops. Jim Kras, Chief Executive Officer of Edible Garden, commented, "This patent further illustrates our commitment to innovation to drive sustainability. The GreenThumb system is not only crucial for enhancing our supply chain effectiveness, which has led to increased shipping and fill rates, as well as significant sales growth, but is also vital in supporting Edible Garden as we integrate new greenhouse facilities like Edible Garden Heartland in Grand Rapids, Michigan. This marks the third distinct patent awarded for our proprietary GreenThumb system, and we are currently in the process of seeking a trademark for the system's name."
O SRC

Hot Stocks

09:13 EST Realty Income closes merger with Spirit Realty - Realty Income (O) has closed on the previously announced merger with Spirit Realty (SRC) in an all-stock transaction. The common stock of the combined company will trade under the symbol "O" on the NYSE, beginning January 23. The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval by Spirit stockholders on January 19. Under the terms of the merger agreement, at the closing of the merger, Spirit common stockholders were entitled to receive, for each share of Spirit common stock held, 0.762 shares of Realty Income common stock. At the closing of the merger, all of Spirit's outstanding shares of Series A Cumulative Redeemable Preferred Stock were also exchanged for shares of Realty Income Series A Cumulative Redeemable Preferred Stock, which will trade under the symbol "O PR" on the New York Stock Exchange following the closing. The final day of trading for Spirit's common and preferred stock on the NYSE was January 22.
PLAB

Hot Stocks

09:11 EST Photronics announces CFO Jordan to retire, Rivera appointed interim CFO - Photronics announced that John Jordan, executive vice president and chief financial officer, CFO, has decided to retire. Jordan, who has served as CFO since he joined the company in 2017, will retire February 23, 2024. The Board of Directors has approved the appointment of Eric Rivera as interim chief financial officer, effective upon Jordan's retirement. Rivera joined Photronics in 2016 as corporate controller and has served as chief accounting officer since 2020.
AWRE

Hot Stocks

09:10 EST Aware appoints AJ Naddell as CPO - Aware has appointed AJ Naddell to the new position of Chief Product Officer, effective as of January 16, 2024. At a time of continued transformation for Aware, Naddell will advance the company's product-market-fit to further capitalize on the $15.2 billion multi-factor authentication market as interest in Aware's platform offerings grows. His experience includes roles at companies such as IBM, Imageware and most recently, TECH5.
INTA

Hot Stocks

09:10 EST Intapp Collaboration & Content selected by DAC Beachcroft - Intapp announced that DAC Beachcroft, a leading international legal business, has selected Intapp Collaboration & Content to enhance knowledge management firmwide. Intapp Collaboration & Content will transform DAC Beachcroft's Microsoft 365 platform into a personalized, matter-centric collaboration and intelligent file management solution. Designed specifically for the way law firms operate, Intapp Collaboration & Content simplifies collaboration, enhances compliance, automates governance, and helps firms deliver better client outcomes. Alignment with Microsoft applications will boost productivity and focus for DAC Beachcroft professionals by eliminating the need to switch between platforms when managing documents and communications. DAC Beachcroft is joining Intapp's Legal Modern Work Consortium to drive next-generation collaboration. The program will help them improve how information is managed within the firm, with the goal of increasing client satisfaction and internal efficiency. Additionally, the firm will help Intapp build best practices for how modern legal work will be supported by document management technology.
VZ

Hot Stocks

09:09 EST Verizon says expects postpaid phone positive for the year - Says seeing increased uptake in customers taking mobility and broadband services. Says taking additional targeting pricing actions in Q1. Says prepaid results remain challenged in Q4. Says pleased with success of Fios. Says feels good about shape of service revenue in 2024. Says myPlan has had stellar performance so far. Comments taken from Q4 earnings conference call.
CART

Hot Stocks

09:09 EST Instacart and DispatchHealth partner for access to nutritious foods - Instacart and DispatchHealth are teaming up to ensure access to nutritious foods. Using Instacart Health technology, DispatchHealth's in-home providers can now prescribe food interventions as they do traditional medications. DispatchHealth offers a variety of medical treatments to patients of all ages-from managing everyday health hiccups and post-hospital recovery support, to providing complex care that would typically require a hospital stay. Instacart Health leverages Instacart's platform, products, and partnerships to increase access to nutritious foods, inspire healthy choices, and scale food as medicine programs across the country. The program empowers DispatchHealth's medical professionals to allocate digital, category-specific food stipends to patients using Fresh Funds, offer patients medically tailored shopping lists through customized Virtual Storefronts, and send food directly to patients' doorsteps in as fast as an hour through Care Carts, which could help boost adherence rates. Instacart accepts diverse payment options on its platform-including FSA and HSA cards, eligible Medicare Advantage health payment cards like OTC Network, and SNAP benefits.
REVB

Hot Stocks

09:09 EST Revelation Biosciences announces 1-for-30 reverse split, effective Jan 25 - Revelation Biosciences announced that, on January 25, the Company will implement a 1-for-30 reverse split of its common stock following approval at its Special Meeting of Stockholders held on January 17, 2024. The reverse stock split will be effective as of the morning of January 25, 2024, and the Company's common stock will trade on a post-split basis at the beginning of trading on the same date under the existing trading symbol "REVB." The CUSIP number for the common stock following the reverse stock split will be 76135L507. The reverse stock split is intended to increase the market price per share of the Company's common stock to regain compliance with the minimum bid continued listing requirement of The Nasdaq Capital Market. Proportionate adjustments will be made to the conversion and exercise prices of the company's warrants, restricted stock unit awards, stock options and to the number of shares issued and issuable under the Company's equity incentive plans.
LAES

Hot Stocks

09:08 EST SEALSQ announces initiative focused on semiconductor personalization centers - SEALSQ announced a strategy set to incentivize the creating of Semiconductors Personalization Centers to contribute into the decentralization of the global semiconductor, cryptocurrency, AI and IoT sectors. The initiative encompasses the development of Semiconductor Personalization Centers through Public-Private Partnerships, and the introduction of SEALCoins to support this advanced venture. SEALSQ is currently in negotiation for three major projects in Europe, Middle East and Far East to implement a process known as OSAT Centers which are run by experienced hardware designers to create the chip design using RISC-V technology. The chips are built locally at the SEALSQ centers to meet the highest security standards and certifications from bodies such as Common Criteria and NIST.
PG

Hot Stocks

09:08 EST P&G CFO says U.S. consumer demand continues to be 'very solid' - Schulten feels "very strongly" U.S. consumer is doing well. In the short-term, consumer sentiment in China is "not fully recovered yet," Schulten says. P&G CFO Andre Schulten is answering questions during the company's Q2 earnings call.
PLUG

Hot Stocks

09:07 EST Plug Power starts production of liquid green hydrogen at Georgia plant - Plug Power has started operation of the largest liquid green hydrogen plant in the U.S. market. This is the largest electrolytic liquid hydrogen production plant, and largest PEM electrolyzer deployment operating in the U.S., representing a landmark achievement in Plug's build-out of a vertically integrated hydrogen ecosystem. The plant showcases Plug's own electrolyzer technology, demonstrating first-hand to customers its reliability in producing sustainable fuel. Located in Woodbine, Georgia, the plant is designed to produce 15 tons per day of liquid electrolytic hydrogen - enough to power approximately 15,000 forklifts per day. Through eight 5-megawatt PEM electrolyzers, water is separated into hydrogen and oxygen. The hydrogen gas is then condensed into liquid form at -423F to be delivered to customers' hydrogen fueling stations through Plug's logistics network using Plug cryogenic trailers. This new facility will bolster Plug's supply of liquid hydrogen currently being delivered to Plug's pedestal customers for material handling operations, fuel cell electric vehicle fleets, and stationary power applications. Liquid hydrogen production, in addition to the on-going gaseous hydrogen production, is expected to positively impact Plug's bottom line and provide an additional step change in fuel margin expansion. The addition of this liquid green hydrogen production plant to Plug's electrolyzer, fuel cell, and cryogenic equipment manufacturing facilities enables Plug to further its vision for building a vertically integrated green hydrogen ecosystem, a one-stop shop for producing, liquefying, storing, and transporting hydrogen. The continued build-out of Plug's global hydrogen network allows customers to seamlessly integrate hydrogen into its operations across multiple industries.
VRNS MSFT

Hot Stocks

09:08 EST Varonis accelerates secure adoption of Microsoft Copilot for Microsoft 365 - Varonis Systems (VRNS) announced a strategic collaboration with Microsoft (MSFT) to help companies safely harness the power of AI. The integration helps joint customers continually assess and improve their Microsoft 365 data security posture before, during, and after they deploy Microsoft Copilot for Microsoft 365. The security model for Copilot for Microsoft 365 relies on a user's existing Microsoft 365 permissions to determine which files, emails, chats, notes, etc. can be used to generate AI responses. These information protection capabilities give you the tools to know your data, protect your data, and prevent data loss. Complementing Microsoft 365's built-in data protection features, Varonis provides customers with other options in how to manage and optimize an organization's data security model, preventing data exposure by ensuring only the right people can access sensitive data at all times.
CBAN

Hot Stocks

09:07 EST Colony Bankcorp names Derek Shelnutt CFO - On January 18 Colony Bankcorp named Mr. Derek Shelnutt, the current Chief Accounting Officer of the Company and Chief Financial Officer of Colony Bank , as Executive Vice President and Chief Financial Officer of the Company effective January 23 . Mr. Shelnutt will continue to serve as Executive Vice President and Chief Financial Officer of the Bank. Mr. Shelnutt has served as Senior Vice President and Chief Accounting Officer of the Company since May 9, 2022 and Executive Vice President and Chief Financial Officer of the Bank since July 1. Since joining the Company in September 2020, Shelnutt has served in roles of increasing responsibility including Chief Accounting Officer, Treasurer, and Controller. With over ten years of experience in the financial services industry, he has also held the positions of Auditor, Treasury Accountant, and Sarbanes-Oxley Compliance Manager.
SCOR NXST

Hot Stocks

09:07 EST Comscore, Nexstar reach multi-year agreement for audience measurement - Comscore (SCOR) announced that it has reached a comprehensive multi-year agreement with Nexstar Media Group, Inc. (NXST) on cross-platform audience measurement. Under the terms of the agreement, Comscore will become a key measurement partner for Nexstar, providing it with critical measurement metrics across Nexstar's local TV, broadcast, network, and digital businesses. Together, Comscore and Nexstar will be able to deliver more precise audience insights across screens to help advertisers optimize total reach and measure the holistic cross-platform campaign with de-duplicated in-flight monitoring of key metrics such as reach and frequency, incrementality, and co-viewing. "Comscore is proud to expand its relationship with Nexstar Media Group to empower Nexstar's advertisers to unlock optimal reach across key markets and platforms. Nexstar will offer unmatched value to advertisers in a critical election year and beyond, by seamlessly validating its true audience reach with market level precision down to the specific region across linear and digital," said Comscore Chief Executive Officer Jon Carpenter. "Our partnership demonstrates our ability to eliminate costly 'make goods' as Nexstar leverages the strengths of Comscore's cross-platform solutions to ensure ad dollars are optimized across non-linear mediums to complete incremental reach to what is achieved by linear television."
JNJ

Hot Stocks

09:05 EST Johnson & Johnson says 'encouraged' by sales of new product launches - Says continues to invest in R&D at "competitive levels." Says plans to continue to increase dividend annually. Expects Innovative Medicine sales growth "slightly stronger" in 1H24 vs. 2H24. Expects FY24 MedTech operational sales growth "relatively consistent" throughout the year.
SYNX

Hot Stocks

09:05 EST Silynxcom receives $400,000 follow up order from global defense company - Silynxcom announced that it has received a follow up purchase order of approximately $400,000 from a leading global defense company. This is the third order Silynxcom has received from this customer for its advanced Clarus In-Ear Headset system family of products, collectively amounting to over $4.5 million. "We are pleased to announce our third order from a leading global defense company, marking over $4.5 million in total orders from this esteemed customer. We believe that this milestone reflects the trust and satisfaction of our customers and the growing demand in the defense sector for innovative and discreet smart solutions," said Nir Klein, Chief Executive Officer of Silynxcom. "Our Clarus In-Ear Headset system, with its premium functionality, lightness, and tactical efficiency, continues to be endorsed by military and defense companies globally."
QCOM

Hot Stocks

09:04 EST Qualcomm appoints Akash Palkhiwala to additional role of COO - Qualcomm announced the appointment of Akash Palkhiwala to the expanded role of CFO and COO. In addition to his CFO responsibilities, as COO, he will now have oversight for the global go-to-market organization and operations, and IT. Palkhiwala's appointment will be effective immediately and he will continue to report directly to Cristiano Amon, president and CEO of Qualcomm Incorporated.
SYT

Hot Stocks

09:04 EST Syla enters Capital and Business Alliance Agreement with RIBERESUTE - SYLA Technologies announced that it has entered into a Capital and Business Alliance Agreement with RIBERESUTE CORPORATION. The companies had entered into a "Basic Agreement on Business Alliance" on November 15, 2023, and had also agreed on the same date that SYLA would acquire 2,158,800 shares of common stock of RIBERESUTE from four of its shareholders. This share acquisition was completed on January 12, 2024. The Agreement, among other things, provides that RIBERESUTE shall not engage in any of the following acts without the prior consent of SYLA and insofar as it does not violate the principle of equal treatment of shareholders under the Companies Act of Japan. RIBERESUTE operates the businesses of development and sales of family condominiums primarily in the southern Kanto region. RIBERESUTE has strategically established its core operations around the development and construction of condominium properties, positioning itself as a manufacturing company leveraging its creative strengths and low-cost business model. The capital and business alliance is aimed at forging new growth strategies in the real estate market, enhancing the corporate value of both companies and making significant contributions to solving social issues by maximizing the use of both companies' management resources.
GLXZ

Hot Stocks

09:04 EST Galaxy Gaming to showcase new table game operating system - Galaxy Gaming will showcase their innovative new table game operating system, brand-new table games, and their vast online content portfolio at this year's ICE London show from February 6 - 8 in stand S8-320 at ExCel London. Boasting innovative progressive jackpot options, eye-catching LED sensors, and groundbreaking digital tracking capabilities, Galaxy Operating System is a pioneer in table game technology. GOS' flexible electronic bonusing platform powers the world's first Dynamic Progressive. Unlike any other progressive, Dynamic Progressive blends our most popular games with an exhilarating experience for those players looking for a thrill by adding volatility to the game without changing the play experience on the player-favorite base game. Visit the Galaxy Gaming stand to see the latest version of Dynamic Progressive complete with new themes, animations, and celebrations.
ASO

Hot Stocks

09:02 EST Academy Sports appoints Robert Howell as Chief Supply Chain Officer - Academy Sports appointed Robert Howell to the role of Senior VP and Chief Supply Chain Officer. In this role, Howell will oversee supply chain operations, distribution centers, and domestic & international logistics. Howell will join Academy in February 2024 and report to Sam Johnson, President. Howell spent nearly 20 years with Sysco Corporation, a wholesale restaurant food distributor. At Sysco, he most recently served as Chief Supply Chain Strategy Officer. Prior to Sysco, Howell held roles at CSC Consulting and Randalls Food Market/Tom Thumb. Howell succeeds Sherry Harriman, who recently left Academy to pursue other opportunities.
GXAI

Hot Stocks

09:02 EST Gaxos.AI expands into AI-powered health, wellness optimization solutions - Gaxos.ai announced a significant strategic expansion with Gaxos Health, a division dedicated to revolutionizing personal health and wellness. Expansion and Growth: A Dual-Division Strategy: Gaxos.AI is evolving with a dual-division structure: Gaxos Gaming and Gaxos Health. While Gaxos Gaming continues to innovate in the gaming sector, Gaxos Health is poised to capture a significant share of the preventative medicine and health tech market, offering value and growth potential for the company and its shareholders. A Paradigm Shift in Health and Wellness: Gaxos Health: Building on the response for Artificial Intelligence implementation in gaming, Gaxos is set to disrupt the health sector with its innovative AI-powered health optimization solution. Gaxos Health will be at the forefront of a health revolution, offering personalized wellness strategies that integrate AI-driven insights with individual biometric data and health goals. This cutting-edge approach promises to redefine preventative medicine, offering unparalleled personalization in healthcare. Empowering Individuals with Data-Driven Health Strategies: Gaxos Health's unique solution analyzes a wealth of health data to provide tailored wellness plans, addressing the growing demand for personalized health solutions. This technology is not just a step but a leap forward in empowering individuals to take control of their health and longevity with AI's precision and intelligence. Game Launches: NFTG launched four games in 2023 and expects to launch more games in 2024. The Company has a pipeline of games in various stages of development. The Company will methodically launch games based on research and market data.
FAT

Hot Stocks

09:02 EST Fat Brands announces continued growth in 2023 with new store openings - FAT announces its continued growth in 2023 of new store openings and development agreements. Through December 31, 2023, the global franchising company opened 125 new stores and added a total of over 200 stores to its now 1,200-unit development pipeline. The Company projects to open 150 units in 2024. "Coming off of a record 2022, we were proud to continue to build upon our organic development pipeline of restaurants that have been purchased by franchisees to be opened at a future date, which add to our already robust development pipeline," said Taylor Wiederhorn, Chief Development Officer at FAT Brands. "Approximately half of our franchisees are multi-unit operators hungry for new opportunities, as showcased by development deals signed this year. These deals will bring many of our brands to new territories, including Fazoli's, Marble Slab Creamery and Great American Cookies to Puerto Rico, Hot Dog on a Stick, Great American Cookies and Marble Slab Creamery to Iraq, and even more restaurants to existing strongholds like Texas, Canada, Mexico, and the Middle East, including Fatburger, Johnny Rockets, Round Table Pizza, Pretzelmaker, and co-branded concepts such as Fatburger and Buffalo's Express, Fatburger and Round Table Pizza and Great American Cookies and Marble Slab Creamery."
HSII

Hot Stocks

09:02 EST Heidrick & Struggles CEO Krishnan Rajagopalan to retire, Monahan succeeds - Heidrick & Struggles International announced that President and CEO Krishnan Rajagopalan has decided to retire, after more than 23 years with the company. Rajagopalan will step down as President and CEO and from the Board, effective March 4, and will retire from the company as of April 1, after which he will continue to serve as an advisor, working closely with clients around the world. Following a planned succession process, the Board has appointed Thomas Monahan III to succeed Rajagopalan as CEO and member of the Board, effective March 4. Monahan currently serves as Managing Partner of Norton Street Holdings and was previously President and CEO of DeVry University and CEO and Chairman of CEB, formerly Corporate Executive Board, where he helped grow the C-suite advisory company to serve over 90 percent of the Fortune 500. The company also announced that Tom Murray, Heidrick & Struggles' Global Managing Partner of Executive Search, will become the Company's President, reporting to Tom Monahan, effective March 4, 2024. In addition to continuing to lead Executive Search, Murray will have operational responsibility for On-Demand Talent, Heidrick Consulting and Go-to-Market in his new role.
ESGL

Hot Stocks

09:01 EST ESGL Holdings announces milti-year agreement with Sentosa Clay Products - ESGL Holdings announces the successful conclusion of a multi-year agreement with Sentosa Clay Products Sdn Bhd, SCP, to co-produce sustainable bricks for the building industry. The agreement between ESGL and SCP will see the production of sustainable building materials using the circular product, NEWSPAR. NEWSPAR is a proprietary product from ESGL that provides both practical and environmental benefits. The contractual commitment extends through December 31, 2025. Chairman and CEO of ESGL, Mr. Quek Leng Chuang expressed, "This contract is doubly transformative, as it not only promotes sustainable building solutions, but also provides an alternative revenue stream for the production of NEWSPAR. With NEWSPAR, we are contributing to the decarbonization of the building sector. This collaboration exemplifies a true circular economy, made possible through strong partnerships with entities like SCP and the continued support of ESGL customers."
PPSI

Hot Stocks

09:00 EST Pioneer Power, NOMAD launching zero-emission mobile EV charging platform - "Pioneer Power Solutions announced that it is launching its first zero-emission platforms. Under development with NOMAD since last year, the companies collaborated to design and test the platforms' architecture. Like all of Pioneer's e-Boost platforms, ZEeB and EXZELCR are mobile, but the new platforms offer the added benefit of battery energy storage to provide zero-emission EV charging. The new solutions will allow EV charging for a wide range of markets including at events, in remote locations, for disaster response, or even for fleet management where charging flexibility for a large number of EVs is a priority.Under development with NOMAD since last year, the companies collaborated to design and test the platforms' architecture. Like all of Pioneer's e-Boost platforms, ZEeB and EXZELCR are mobile, but the new platforms offer the added benefit of battery energy storage to provide zero-emission EV charging. The new solutions will allow EV charging for a wide range of markets including at events, in remote locations, for disaster response, or even for fleet management where charging flexibility for a large number of EVs is a priority. Pioneer eMobility is now offering the ZEeB to customers and is ready to begin delivery. The initial ZEeB has a 500 kW power capacity unit powered by KORE Power lithium-ion battery cells with 1.3 MWh energy storage capacity that can deliver more than five hours of EV charging with a 240 kW charger, more than 10 hours with a 120 kW charger or more than 21 hours with a 60 kW charger. Later this year, the Company plans to introduce two larger ZEeB units offering 750 kW and 1 MW of capacity. The ZEeB is EV charger brand agnostic...," said the company in a release.
SBET

Hot Stocks

09:00 EST Sharplink Gaming Ltd trading resumes
TKO NFLX

Hot Stocks

08:55 EST TKO says Netflix pact has 10-year term with over $5B aggregate rights fee - TKO Group (TKO) provided more details on the announced a partnership between WWE and Netflix in a regulatory filing. Beginning in January 2025, Netflix will be the exclusive new home of Raw in the U.S., Canada, U.K. and Latin America, among other territories, with additional countries and regions to be added over time. As part of the agreement, Netflix will also become the home for all WWE shows and specials outside the U.S., as available, inclusive of Raw and WWE's other weekly shows - SmackDown and NXT - as well as the company's Premium Live Events, including WrestleMania, SummerSlam and Royal Rumble. WWE's documentaries, original series and forthcoming projects will also be available on Netflix internationally beginning in 2025. The agreement has an initial 10-year term for an aggregate rights fee in excess of $5B with an option for Netflix to extend for an additional 10 years and to opt out after the initial five years.
TPG

Hot Stocks

08:54 EST TPG announces investment in Compass Surgical Partners, terms undisclosed - TPG announced a significant strategic investment in Compass Surgical Partners , an independent full-service ambulatory surgery center ASC development and management partner. TPG Growth, the firm's middle market and growth equity platform, is funding the investment, participating alongside existing investor Health Velocity Capital. As a strategic capital partner, TPG will bring valuable expertise to the Compass Surgical Partners leadership team, accelerating growth and scaling capacity in response to increased demand in ASC joint ventures from health system partners..."We are thrilled to partner with the team at TPG Growth, which brings a wealth of healthcare services experience and strategic resources to Compass. TPG's investment will serve as a powerful growth catalyst, enabling enhanced infrastructure support for our partners," said DJ Hill, Chief Executive Officer of Compass Surgical Partners. "We are also grateful for Health Velocity Capital's continued support of our mission and trust in our leadership team. This is an exciting time for Compass and the ASC industry and we are well positioned to provide enhanced value to our joint venture centers, physician partners, and patients." Terms of the transaction were not disclosed. Latham & Watkins served as legal counsel to TPG and Crowe LLP advised on accounting, tax, and IT. McDermott Will & Emery served as legal counsel to Compass.
PG

Hot Stocks

08:53 EST P&G CEO says best path forward to 'double-down' on plans that have delivered
HTBI

Hot Stocks

08:47 EST HomeTrust CCO Keith Houghton to retire, Kevin Nunley to succeed - HomeTrust Bancshares announced that Keith Houghton, Executive Vice President and Chief Credit Officer, will be retiring from his position effective June 30, 2024. As part of the Bank's strategic succession plan, Kevin Nunley, Senior Vice President and Director of Commercial Credit, will assume the role and responsibilities of Chief Credit Officer upon Mr. Houghton's retirement.
TCLAF

Hot Stocks

08:46 EST Transcontinental director Remi Marcoux does not seek re-election - Transcontinental announced that Remi Marcoux, founder of TC Transcontinental and member of the Board, has not sought re-election as a director. Mr. Marcoux's term will end on March 13, at the annual shareholders' meeting. In recognition of his entrepreneurial career and his significant contribution to the vision, growth and development of the Company in keeping with its values, the Board has named Mr. Marcoux "Founder Emeritus".
PG

Hot Stocks

08:45 EST P&G CEO says plans to build on 'strong' cost savings momentum seen in first half
JNJ

Hot Stocks

08:45 EST Johnson & Johnson 'confident' in guidance for 2024 and beyond - Says moving into higher growth markets. Says "making strong progress" in pipeline. Says "never more excited" about future of business. Comments taken from Q4 earnings conference call.
PG

Hot Stocks

08:44 EST P&G CEO says re-accelerating productivity back to pre-COVID levels - Procter & Gamble CEO Jon Moeller continues speaking on the company's Q2 earnings call.
AREC

Hot Stocks

08:44 EST American Resources' ReElement enters MOU with Afrivolt - American Resources' ReElement Technologies Corporation has executed a MOU with Afrivolt, a pioneer in developing large industrial projects to support the build-out of Africa's regional and global lithium-ion battery supply chains. The agreement between ReElement and Afrivolt will focus on establishing a comprehensive closed-loop lithium-battery and EV manufacturing ecosystem within Africa utilizing critical minerals mined in regional localities with refining and purification performed by ReElement Africa and its subsidiaries including ReElement Ghana. To support the build out of the African critical mineral ecosystem, ReElement and Afrivolt are dedicated to collaborating with local institutions to cultivate the necessary skills pipeline to provide the high-skilled labor for the next generation of African industry and manufacturing. ReElement Ghana is already committed to community development, having established a partnership with University of Mines and Technology, advocating education exchange programs with Purdue University in West Lafayette, Indiana, USA. The MOU between ReElement and Afrivolt is designed to evolve into a comprehensive collaboration and offtake agreement for ReElement Technologies to support the operation of African gigafactories and supporting regional economic development with nearly all minerals and raw materials sourced regionally from African mines with a specific initial focus on Ghanaian critical minerals. The MOU places a strong emphasis on the development of a comprehensive manufacturing industry that utilizes critical minerals sourced, processed and refined in Africa while involving the local workforce at every step.
DHI

Hot Stocks

08:41 EST D.R. Horton sees Q2 rental closings and revenue exceeding Q1
ITI

Hot Stocks

08:41 EST Iteris awarded two Contracts for Traffic Signal Coordination and Timing - Iteris announced it has been awarded contracts for traffic engineering, signal coordination and signal timing services for two Illinois-based transportation agencies; one with Illinois Department of Transportation IDOT Districts 2, 3, 4, and 5 and the other with Lake County Division of Transportation...With these most recent awards, the current combined value of Iteris' contracts with IDOT will total approximately $6.0M. Additionally, Iteris will become the only consulting firm with traffic engineering expertise to maintain active traffic signal operations contracts with all nine IDOT districts.
PG

Hot Stocks

08:40 EST P&G CEO says long-term China opportunity 'intact,' sees near-term 'challenges' - Procter & Gamble CEO Jon Moeller is speaking on the company's Q2 earnings call.
WAVD

Hot Stocks

08:40 EST WaveDancer files registration statement on Form S-4 with SEC - WaveDancer announced the filing of a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission. The Registration Statement contains a preliminary proxy statement in connection with the Company's previously announced merger with Firefly Neuroscience, an artificial intelligence company focused on creating better neurological outcomes for dementia, concussion, and other brain conditions. Although the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about WaveDancer, Firefly, and the proposed transactions. The definitive transaction agreements were announced on November 16, 2023. The transaction is expected to close during the second quarter of 2024, subject to customary closing conditions, including approval of the transactions by the stockholders of WaveDancer.
KOPN

Hot Stocks

08:40 EST Kopin receives initial production order for CR3 wearable surgical monitor - Kopin announced it has received an initial production order for the CR3 wearable surgical monitor from HMDmd Inc, or HMDmd.
DLHC SAIC

Hot Stocks

08:39 EST DLH Holdings appoints Carmody to a strategic advisory role - DLH Holdings (DLHC) announced that Cora Carmody has been appointed to a strategic advisory role for the Company. In this new role, Carmody will provide insight to executive management on driving enterprise architecture optimization and efficiencies, enhancing cybersecurity strategies, and developing technology-based value propositions for organic growth. Carmody previously served as Chief Information Officer at SAIC (SAIC) and Jacobs Engineering, both industry leading information technology solutions providers.
VEV

Hot Stocks

08:39 EST Vicinity Motor signs VMC 1200 distribution agreement with Groupe Taddeo Auto - Vicinity Motor signed a new distribution agreement with Groupe Taddeo Auto to open VMC Laval, a new VMC specific dealership, by the owners of successful Volvo and Polestar dealerships in the Montreal territory. Groupe Taddeo Auto was founded in 2002, growing from a simple family dealership to a major automotive group in Quebec, bringing together Volvo Laval, Volvo West Island, Polestar Montreal and a certified center. These four strategic locations are supported by a team of over 120 dedicated, growth-oriented employees. With the opening of VMC Laval, Groupe Taddeo Auto will expand into fleet solutions for businesses and government with its inventory of VMC 1200 vehicles. Per the terms of the agreement, VMC Laval will distribute Vicinity VMC 1200 trucks throughout Montreal-Laval.
AIRI

Hot Stocks

08:39 EST Air Industries receives two separate 'strategically important contracts' - Air Industries Group announced that it has received two separate strategically important contracts, both from new customers. Air Industries has received an initial order for structural engine nacelle components for the new CH-53K Heavy Lift Helicopter. This initial order is for just under $1M, but is the first release against an anticipated 5-year order expected to be in excess of $12M. Separately, Air Industries has received an order from a major landing gear manufacturer for actuator subassemblies on a developmental aircraft. This initial order is modest at approximately $1 million, but this award concludes what has been a multi-year effort to establish a relationship with this large and important customer. When the program enters the production phase, the anticipated order value increases exponentially. .
SMLR

Hot Stocks

08:38 EST Semler Scientific to seek 510(k) clearance from FDA for broader Quantaflo label - In a regulatory filing yesterday, Semler Scientific disclosed that Semler will seek a new 510(k) clearance from the U.S. Food and Drug Administration for the expanded use of QuantaFlo following correspondence with the FDA. "The new 510(k) is intended to enable expanded labeling for QuantaFlo as an aid in the diagnosis of other cardiovascular diseases in addition to peripheral artery disease, or PAD. Semler will continue to market and sell QuantaFlo as an aid in the diagnosis of PAD, which is responsible for over 99% of its historical revenue to date. The roll-out of QuantaFlo as aid in the diagnosis of other cardiovascular diseases is subject to FDA clearance of the new 510(k) clearance," the filing stated. Reference Link
SBET

Hot Stocks

08:38 EST SharpLink sells fantasy sports, sports game development units to RSports - SharpLink Gaming announced that on January 18, 2024, the Company entered into an agreement to sell all of the issued and outstanding shares of common stock or membership interests, as applicable, in its SportsHub/fantasy sports and free to play sports game development business units to RSports Interactive for $22.5 million in an all-cash transaction. Nearly all employees of these acquired business units will also move to RSports to help ensure a seamless transition. SharpLink further reported that it used approximately $14.9 million of the proceeds from the sale to repay in full all outstanding term loans and lines of credit with its lender; in addition, SharpLink paid approximately $4.5 million to redeem an 8% Interest, 10% Original Issue Discount Senior Convertible Debenture issued to an existing shareholder in connection with a Securities Purchase Agreement signed in February 2023. As further detailed in a Current Report on Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission later today, SharpLink's Board of Directors considered the following factors, among others, in reaching their decision to approve the sale: With the sale consummated, SharpLink expects to significantly reduce its operating expenses, primarily due to a significant reduction in headcount, lower office lease costs, greatly diminished state licensing requirements, elimination of interest bearing debt service and other resulting cost savings; The sale significantly strengthens the Company's working cash position and total shareholders' equity and provides the capital necessary to extinguish nearly $19.4 million in interest bearing debt; The improvement in the Company's total shareholders' equity position is expected to enable SharpLink to regain compliance with Nasdaq's minimum continued listing requirements; and The sale of the Company's fantasy sports and free-to-play games development businesses positions SharpLink as a pure-play, performance marketing company serving the global sports betting and iGaming industries. In connection with the sale, Chris Nicholas, the Company's Chief Operating Officer and a member of the Board of Directors, resigned as an officer and director of the Company, effective immediately.
CAG

Hot Stocks

08:38 EST Conagra Brands signs exclusive licensing partnership with Dolly Parton - Conagra Brands, parent company of Duncan Hines, has entered into an exclusive agreement with Rock & Roll Hall of Fame inductee Dolly Parton to develop a line of retail food items, following her multiyear partnership with Duncan Hines. The new line of Dolly Parton food products will include frozen, refrigerated, grocery and snack items inspired by down-home comfort cuisine. The new products will start rolling onto store shelves nationwide this January, with an expanded line-up of Duncan Hines' mixes. The first single branded Dolly Parton item, Buttermilk Pancake Mix, will start hitting shelves this winter. More items are expected to launch later in 2024 including frozen items.
DHI

Hot Stocks

08:38 EST D.R. Horton sees Q2 home sales gross margin similar to Q1
LVO

Hot Stocks

08:38 EST LiveOne Brands' Birthday Sex Wine sells out in first week of pre-sale - LiveOne announces the launch of Birthday Sex Wine, a one-of-a-kind collaboration with Grammy-nominated R&B artist Jeremih and acclaimed Napa Valley/Sonoma winemaker Russell Bevan. The exclusive pre-sale opened last Friday with a limited quantity of the product's first run and has already sold out. Additional inventory is expected to be added to the product's website in the coming weeks. Inspired by Jeremih's chart-topping debut hit single, "Birthday Sex," Birthday Sex Wine is a Naked Chardonnay meticulously handpicked from premier vineyards in the Columbia Valley of Washington. Crafted with love and celebration in mind, each bottle offers a unique blend of vibrant fruit flavors and subtle oak nuances, making every sip a moment of joy.
DHI

Hot Stocks

08:37 EST D.R. Horton: Early signs for spring selling season 'encouraging' - Sees incentive levels remaining elevated in near-term. Comments taken from Q1 earnings conference call.
NXL

Hot Stocks

08:37 EST Nexalin Technology awarded U.S. patent related to TACS system - Nexalin Technology announced that the United States Patent and Trademark Office, USPTO, has awarded U.S. Patent No. 11,872,397 relating to the Company's non-invasive, frequency-based deep brain stimulation device. The newly-issued patent, entitled "Transcranial Alternating Current Dynamic Frequency Stimulation, TACS, System," covers the core technology utilized in the Company's Gen-3 system, a proprietary and advanced waveform device that is designed to treat patients in a painless and undetectable manner. Mark White, CEO of Nexalin Technology, stated, "This patent award for our non-invasive, deep-frequency stimulation device marks a major milestone for the Company, as it extends our IP protection through 2040. Most notably, the unique nature of our device's waveform can only be created with very specific electrical components, capacitors and designs. This patent covers these three key areas, and we believe it further protects the Company from others trying to circumvent our IP. Importantly, this patent marks what we believe is a major advancement for the drug-free treatment of mental health conditions. Recent published clinical evidence supports the clinical benefits of the Nexalin device for the treatment of a variety of neurological diseases associated with deep brain structures. At Nexalin, we are highly encouraged that our DIFS technique will improve mental healthcare outcomes among patients. Specifically, clinical studies have demonstrated therapeutic benefits in conditions ranging from treatment-resistant depression to migraines, anxiety, and insomnia. We are also targeting mental health conditions such as addiction, substance use disorder, Alzheimer's, traumatic brain injury and PTSD. According to Allied Market Research, the global mental health market was an estimated $383 billion in 2020 and is projected to reach $537 billion by 2030. We believe our neurostimulation device has the potential to transform the standard of care for the treatment of mental health disorders. We are laser-focused on advancing the commercial rollout, including expanding our regulatory approvals in overseas markets, as well as pursuing regulatory clearance in the U.S."
XELA

Hot Stocks

08:36 EST Exela Technologies, XBP announce launch of Reaktr.ai - Exela Technologies and XBP Europe announce the launch of a new Global Business Unit, Reaktr.ai. This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades. Reaktr.ai is another example of Exela addressing a rapidly changing industry in which demand outpaces the customer's capacity to access available talent. Reaktr.ai will be spearheaded by industry veteran Vineet Chaku as President. This strategic move positions the Company at the forefront of the cyber, large data and generative AI landscape. Reaktr.ai is also establishing Centers of Excellence for both Exela and XBP, propelling operational efficiency and innovation to enterprise customers. Reaktr.ai is focused on four key services: AI-Powered Growth: Architecting and deploying scalable AI platforms designed to fuel internal operations and deliver innovative solutions to customers including private GPT for enterprises; Data Modernization: Modernizing data infrastructure, including cloud migration, to unlock deeper insights and drive better decision-making; Multi-Cloud Management: Managing complexity around multiple public and private clouds through observability, unified orchestration and fiscal management; Cybersecurity: Fortifying customers' defenses against evolving threats and ensuring the integrity of their operations
VERB

Hot Stocks

08:35 EST Verb Technology announces addition of 5 more retail brands to platform - Verb Technology Company announces the addition of five more distinctive retail brands to its livestream social shopping platform. The addition of these retailers evidences MARKET.live's continuing growth and dedication to curating a diverse range of products for its growing community. Meet the Newest Additions to MARKET.live: GF PET Notable; Companion Candles Notable; Zadro Inc. Notable; CliqOnU Notable; Passion Lilie Notable
FEMY

Hot Stocks

08:33 EST Femasys begins FemBloc trial enrollment at University of Utah - Femasys announced that it has activated enrollment for its pivotal FemBloc trial at another academic site, University of Utah Hospital in Salt Lake City, Utah. The FemBloc Intratubal Occlusion for TranscervicAL Permanent Birth Control (the "FINALE" trial) is being conducted to investigate the safety and efficacy of its investigational permanent birth control candidate, FemBloc(R). The FDA-approved, multi-center trial is designed to help women seeking permanent birth control, for whom elective surgery currently remains the only option. "As we continue to advance the FINALE trial for FemBloc, we are thrilled to partner with the University of Utah Hospital, recognized for their global expertise in the specialty and sub-specialties of obstetrics and gynecology, and, in particular to have the involvement of Dr. Gawron, M.D., Associate Professor of Obstetrics and Gynecology, given her dedication to the field of gynecology and history with FemBloc," said Kathy Lee-Sepsick, founder, president and chief executive officer of Femasys. "Dr. Gawron's consistent involvement demonstrates support for FemBloc and the importance that it may hold in providing optionality to women seeking additional and improved birth control options."
RSTN

Hot Stocks

08:33 EST RDE submits application for uplisting to Nasdaq Capital Market - RDE announced it has submitted an application to uplist the Company's common shares on the Nasdaq Capital Market. The listing of the Company's common shares on Nasdaq is subject to the approval of Nasdaq and the satisfaction of all applicable listing criteria and requirements. No assurance can be given that such application will be approved or that such listing will be completed. RDE stock will continue to trade on the OTCQB under its current symbol RSTN pending approval of a Nasdaq listing.
INSE

Hot Stocks

08:32 EST Inspired Entertainment submits plans to address Nasdaq compliance - Inspired Entertainment announced that it has notified the Nasdaq Stock Market that it expects to file a Form 10-K/A for the year ended December 31, 2022 with restated financial statements, as well as Forms 10-Q/A for the quarters ended March 31, 2023 and June 30, 2023 and a Form 10-Q for the quarter ended September 30, 2023 by no later than February 28, 2024. The Company also plans to file its Form 10-K for the year ended December 31, 2023 by the March 2024 due date. In a press release dated November 29, 2023, the Company previously announced that it had received a standard notification letter from the Listing Qualifications Department of Nasdaq stating the Company was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Form 10-Q for the quarter ended September 30, 2023 with the Securities and Exchange Commission. This notification has no immediate effect on the listing of the Company's securities on Nasdaq.
ARTL

Hot Stocks

08:32 EST Artelo Biosciences announces publication on research on ART26.12 - Artelo Biosciences announced new research published in the peer-reviewed Journal of Pain. The research article, titled "Discovery and preclinical evaluation of a novel inhibitor of FABP5, ART26.12, effective in Oxaliplatin-induced Peripheral Neuropathy," highlights Artelo's pre-clinical asset, ART26.12, and its potential ability to treat and prevent Oxaliplatin-Induced Peripheral Neuropathy in a series of separate studies. "In pre-clinical safety studies, ART26.12 has shown minimal off target effects, high oral bioavailability, and a NOAEL of 1000 mg/kg/day administration," commented Andy Yates, PhD, Senior Vice President and Chief Scientific Officer at Artelo. "We are highly encouraged by the four research studies presented in this paper demonstrating ART26.12, our patented and novel treatment approach to inhibiting FABP5, was effective in treating and preventing the painful condition of OIPN."
SURG

Hot Stocks

08:31 EST SurgePays announces strategic partnership with SIN PIN - SurgePays announced that it has entered into a distribution agreement with SIN PIN, a telecommunications service provider to immigrant communities in the US, which we believe will drive wireless subscriber growth in the Hispanic community. President of SurgePays, Jeremy Gies, said, "SIN PIN provides us thousands of distribution points to service immigrant populations beyond the traditional convenience store. We believe these stores represent a fantastic opportunity to increase our wireless subscriber base significantly. With over 150 team members working at our operations center in El Salvador, we are uniquely positioned to provide excellent store and customer support for Spanish-speaking customers. We are planning on making an impact in the Hispanic wireless market." The distribution agreement provides SIN PIN integrated access to the SurgePays software platform to activate prepaid wireless subscribers and allow consumers to apply for the Affordable Connectivity Program at thousands of retail locations.
SYF

Hot Stocks

08:30 EST Synchrony sees FY24 loan receivables growth of 6%-8% - Sees FY24 net interest income $17.5B-$18.5B. Sees FY24 net charge-offs 5.75%-6%. Sees FY24 RSA/ average loan receivables 3.50%-3.75%. Sees FY24 efficiency ratio 32.5%-33.5%. Says expects payment rates to continue to moderate. Says losses expected to peak in first half. Comments and guidance taken from Q4 earnings conference call.
CNSL

Hot Stocks

08:28 EST Glass Lewis: Consolidated Comms holders should vote for Searchlight deal - Consolidated Communications Holdings announced that a leading independent proxy advisory firm, Glass Lewis & Co. has joined Institutional Shareholder Services in recommending that Consolidated shareholders vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners and British Columbia Investment Management Corporation. The Company's special meeting of shareholders to vote on the Proposed Transaction is scheduled to be held on January 31 . Shareholders of record as of December 13 are entitled to vote at the Special Meeting. Consolidated urges its shareholders to vote "FOR" the Proposed Transaction today. Consolidated issued the following statement regarding the Glass Lewis recommendation to vote FOR the Proposed Transaction: "Glass Lewis joining ISS in its support of the Proposed Transaction underscores the financially compelling and certain value that this transaction delivers to our shareholders. Following its extensive and thorough review, the Board believes this transaction is critical for Consolidated's future and represents the best risk-adjusted outcome for shareholders."
BTCY

Hot Stocks

08:25 EST Biotricity expands development of Cardiac AI Cloud platform - Biotricity announced the expanding development of its future Cardiac AI Cloud platform. The new platform is focused on predictive monitoring to help assist physicians and users to identify issues before they occur, supporting earlier interventions, reducing readmissions, and lowering healthcare costs. Biotricity's product portfolio is already one of the most comprehensive remote cardiac monitoring portfolios globally.
SBET

Hot Stocks

08:25 EST Sharplink Gaming Ltd trading halted, news pending
NICH

Hot Stocks

08:24 EST Nitches, Inc. appoints Nikola Cvetkovic to Tover Spirits advisory board - Nitches announced the newest addition to the advisory board of Tover Spirits/ Nikola Cvetkovic, renowned for his impactful work at Flaviar.com, has joined Tover Spirits to lend his strategic insights and expertise in launching successful online campaigns and distribution. As a member of Tover Spirits' advisory board, Nikola will provide strategic insights and contribute his expertise to enhance the brand's direct-to-customer approach.
TPG

Hot Stocks

08:24 EST TPG invests in human resources firm G&A Partners through TPG Capital, no terms - "G&A Partners, a leading human resources and technology services platform, announced that TPG, a global alternative asset management firm, has partnered with the G&A management team and employees to invest in G&A Partners. TPG is investing in the business through TPG Capital, its U.S. and European private equity platform" said a company release. "G&A is a leader in the PEO space that provides organizations with high-quality, comprehensive services at scale as they navigate and look to streamline key HR processes. We are excited to support the company in the years ahead," added Alex Minasian, Principal at TPG. Piper Sandler served as financial advisor to G&A, and Dentons served as legal counsel to the company. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Ropes & Gray LLP served as legal counsel to TPG. Terms of the transaction were not disclosed.
GE

Hot Stocks

08:23 EST General Electric expects 'strong start' for GE Aerospace in FY24 - Sees Q1 margins for Aerospace, Vernova in line with prior guidance. Expects "compelling dividend" from GE Aerospace. Says "looking forward to playing more offense" in Aerospace.
MACE

Hot Stocks

08:22 EST Mace Security enters into supply, license agreement with Salt Supply - Mace Security International entered into a Supply & License Agreement with Salt Supply, LLC, a manufacturer of pepper spray launchers, for a range of .68 caliber products, including the new s2 Pepper Launcher. The two featured products in the partnership are the s2 high-velocity 5-shot magazine launcher, and an ultra-potent Mace Brand pepper plus tear gas projectile, both with a range of 60 feet. When fired from the s2, or other compatible launchers, these projectiles break on-target releasing the non-lethal powder, immediately causing temporary blindness, breathing difficulty and severe distress. The s2 pepper launcher will be offered in a full kit that includes a variety of practice projectiles, a starter CO2 cartridge, and Mace Brand powered rounds all housed in a premium carry case. Additional CO2 cartridges, accessories and projectiles that feature the industry's first air-tight, tamper-evident, and child-resistant packaging will be available through this partnership. The target market for these products includes private security agencies, specialty retailers, gun owners and e-commerce consumers.
ENSC

Hot Stocks

08:21 EST Ensysce Biosciences announces Breakthrough Therapy Designation for PF614-MPAR - Ensysce Biosciences announced receipt of notice from the U.S Food and Drug Administration that it has granted Breakthrough Therapy Designation for PF614-MPAR. A next generation opioid, PF614-MPAR represents a major scientific innovation, as it is what we believe to be the first product with oral overdose protection in any drug class. PF614-MPAR is designed to provide optimal pain relief at prescribed doses yet limit accidental or intentional overdose by 'shutting down' opioid release if too much active drug is consumed. PF614-MPAR could herald a new class of treatment for the most severe forms of pain and could save lives if approved, as each capsule contains built-in protection against both abuse and overdose which plague traditional opioids.
BIAF

Hot Stocks

08:20 EST India regulators issue BioAffinity unit patent for targeted cancer treatment - bioAffinity Technologies announced that India's Office of the Controller General of Patents, Designs and Trade Marks has issued a Certificate of Grant of Patent to bioAffinity subsidiary OncoSelect Therapeutics for its compositions and methods to treat cancer using chemotherapeutic agents conjugated to porphyrins, resulting in targeted delivery of the drugs. The Indian patent, titled "Porphyrin Compounds and Compositions Useful for Treating Cancer" is an important addition to bioAffinity Technologies' patent portfolio, which includes 16 awarded U.S. and foreign patents and 23 pending patent applications related to its porphyrin-based diagnostic platform and cancer treatment therapeutics.
SCWO

Hot Stocks

08:20 EST 374Water, Global Partners for Development announce partnership project - Global Partners for Development and 374Water have announced plans for the Homa Bay Blueprint, a bold and comprehensive clean water initiative for Africa's Great Lakes region. Both a live facility and a model for future replication, the project will feature cutting-edge wastewater treatment technology, an advanced data hub, and production of recycled resources. Located in Nam Lolwe, the continent's largest lake by area, Homa Bay has seen farming and community pollution erode the health of its 1.3 million inhabitants and devastate ecology. Local preparations for the project have been completed by collaborators at the University of Nairobi, Kenya's Ministry of Water and Environment, as well as Homa Bay government and community stakeholders.
BMRA

Hot Stocks

08:19 EST Biomerica appoints Jack Kenny as chairman of the board - Biomerica announced the appointment of Jack Kenny, former CEO and board member of Meridian Bioscience, Inc., to serve as the Chairman of the Board of Directors of Biomerica. Mr. Zack Irani will continue to serve as CEO. Mr. Kenny joined the Biomerica Board of Directors in August 2023 as an independent director.
CEI

Hot Stocks

08:19 EST Camber Energy enters manufacturer's representative agreement with BOX 03 - Camber Energy announced that Simson-Maxwell, a majority-owned subsidiary of Viking Energy Group, Inc., a company wholly-owned by Camber, entered into a Manufacturer's Representative Agreement with BOX 03 International pursuant to which BOX 03 was appointed as the exclusive distributor of Viking Ozone Technology's proprietary ozone waste treatment systems in Switzerland, France, Italy, Germany, and French speaking countries of West Africa. BOX 03 provides consultancy and project management services to various end-users of waste treatment systems, with particular emphasis on advising and supporting globally-recognized companies engaged in the business of treating and disposing of medical waste in Europe and abroad.
CACI

Hot Stocks

08:18 EST CACI secures $526M task order - CACI announced that it was selected for a five-year, single-award, task order worth up to $526M to provide network modernization and sustainment technology to the U.S. Army Program Executive Office Command Control Communications-Tactical, or PEO-C3T. The Global Enterprise Network Modernization, or GENMOD, task order is part of the Alliant 2 indefinite delivery, indefinite quantity, or IDIQ, contract vehicle.
CSLM

Hot Stocks

08:18 EST Consilium Acquisition I announces business combination with Fusemachines - CSLM Acquisition Corp and Fusemachines, a provider of enterprise AI products and solutions, signed a definitive agreement for a business combination that is expected to result in Fusemachines becoming a public company. Upon the closing of the transaction, subject to approvals by CSLM's stockholders and Fusemachines stockholders and other customary closing conditions, the combined company is expected to list on Nasdaq under the ticker symbol "FUSE". The business combination, valuing the combined company at $200M, is expected to be completed by the end of Q2. Founded in 2013, Fusemachines has been in Enterprise AI for more than a decade. Fusemachines enables enterprises to address complex challenges that they face across industries by leveraging cutting-edge technologies to develop products and solutions. The transaction, which has been unanimously approved by the boards of directors of Fusemachines and CSLM, is subject to approval by Fusemachines' and CSLM's stockholders and subject to other customary closing conditions, including the receipt of certain regulatory approvals. In connection with the transaction, CSLM affiliates have committed to invest up to $19.44M in a mix of new PIPE financing in CSLM and pre-closing financing in Fusemachines that will cover Fusemachines' working capital needs. CSLM and Fusemachines will entertain additional PIPE financing offers on selective strategic criteria.
WBS

Hot Stocks

08:17 EST Webster Financial sees FY24 loan growth 5%-7%, deposit growth 5%-7% - Sees FY24 NII $2.4B-$2.45B, excluding $75M of FTE adjustments. Guidance assumes 4 Fed rate cuts beginning in May. Sees FY24 non-interest income $375M-$400M, with expenses $1.3B-$1.325B. Sees FY efficiency ratio in the low to mid 40% range, with a tax rate of 21%. Sees long-term common equity tier 1 capital ratio of 10.5%. Comments taken from Q4 earnings conference call presentation slides.
WOLF IFNNY

Hot Stocks

08:18 EST Wolfspeed, Infineon expand SiC wafer supply agreement - Infineon Technologies AG (IFNNY) and Wolfspeed (WOLF) announced the expansion and extension of their existing long-term 150mm silicon carbide wafer supply agreement, originally signed in February 2018. The extended partnership includes a multi-year capacity reservation agreement. It contributes to Infineon's general supply chain stability, also with regard to the growing demand for silicon carbide semiconductor products for automotive, solar and EV applications and energy storage systems. Wolfspeed president and CEO Gregg Lowe noted: "Industry estimates indicate demand for silicon carbide devices, as well as the supporting material, will grow substantially through 2030, representing a $20 billion annual opportunity. We are very pleased to continue our partnership with Infineon and to serve as a major supplier of silicon carbide wafers in the years ahead."
FRME

Hot Stocks

08:17 EST First Merchants plans to expand in Detroit - First Merchants Bank of Muncie announced the plans for its newest branch in the Fitzgerald neighborhood, located at 7525 West McNichols Road. The new branch will provide residents convenient access to essential banking products and services, including checking and savings accounts, loans, online banking, and a local and invested team to help people prosper.
KAVL

Hot Stocks

08:16 EST Kaival Brands announces 1-for-21 reverse stock split - Kaival Brands Innovations Group announced that it is effecting a 1-for-21 reverse stock split of its issued and outstanding common stock, effective with the opening of trading on Thursday, January 25, 2024. Kaival Brands' Common Stock will continue to trade on the Nasdaq Capital Market under the symbol "KAVL". The new CUSIP number for the Common Stock following the Reverse Stock Split will be 483104402. The Reverse Stock Split was approved by the Board of Directors of the Company and Kaival Holdings,, a Delaware limited liability company, which is the holder of approximately 68.64% of the Company's outstanding Common Stock. Kaival Holdings LLC is co-managed by Nirajkumar Patel, the Chief Science & Regulatory Officer and director of the Company.
DUOT

Hot Stocks

08:16 EST Duos Technologies Group reports Duos RIP scans over 8.5M railcars in 2023 - Duos Technologies Group has reported that in 2023 the Company's Railcar Inspection Portal technology performed more than eight and a half million comprehensive railcar scans, on over 665,000 unique railcars. This metric encompasses all railcars scanned at locations across the U.S., Canada, and Mexico, representing approximately 40% of the total freight car population in North America. Duos recently formalized a long-term partnership with a major Class 1 railroad to proactively develop critical AI solutions to streamline detection of mechanical railcar defects as its equipment traverses North America. The recently awarded long-term contract covers implementation, development and support services of AI on a recurring revenue basis.
BAH

Hot Stocks

08:16 EST Booz Allen invests in Albedo to develop satellites for VLEO - Booz Allen Hamilton announced that its corporate venture capital arm, Booz Allen Ventures has made a strategic investment in Albedo, the first company to operate satellites in very low earth orbit VLEO , which enables them to offer ultra-high resolution commercial imagery from space. This investment supports Albedo's operational constellation deployment and is aligned to Booz Allen's efforts to accelerate U.S. space capabilities with the power of data. "This is one of the most forward-looking space investments Booz Allen has ever made and comes at a critical juncture when space capabilities are needed to solve our nation's greatest challenges-geopolitical competition, regional instability, catastrophic climate change, and more," said Chris Bogdan, executive vice president at Booz Allen and leader of the firm's Space business. "The level of detail that can be captured by Albedo's low-flying satellites-fusing both optical and infrared sensor data-is unprecedented in the commercial market. It represents a significant leap in satellite earth imaging so our clients have access to timely, highly accurate, global intelligence to then speed and improve their decision making." This is the first space-specific investment made by Booz Allen Ventures, and is aligned with the fund's focus on providing leading-edge, innovative technologies to those who need it most-and fast-with emphasis on dual-use commercial technology solutions.
MXCT

Hot Stocks

08:15 EST MaxCyte signs strategic platform license with Imugene - MaxCyte and Imugene announced the signing of a strategic platform license, SPL. Under the terms of the agreement, Imugene obtains non-exclusive clinical and commercial rights to use MaxCyte's Flow Electroporation technology and ExPERT platform. In return, MaxCyte is entitled to receive platform licensing fees and program-related revenue. "By leveraging our scalable cell-engineering process and optimized clinical manufacturing workflow, Imugene is rapidly moving towards a potential Phase 2 registrational trial for azer-cel in cancer," said Maher Masoud, President and CEO of MaxCyte. "Our technology has been integral to the manufacturing of the allogeneic T-cell immunotherapies and was efficiently transferred from Precision Biosciences when Imugene obtained global rights for azer-cel from Precision in August 2023. With our new partnership, we will continue to support the development of azer-cel along with additional novel cell therapy programs."
CRBP

Hot Stocks

08:14 EST Corbus Pharmaceuticals to present Phase 1 clinical data for SYS6002 - Corbus Pharmaceuticals announced that the abstract for the first-in-human Phase 1 dose escalation study of SYS6002 has been released, and the corresponding up-to-date data will be presented at the 2024 American Society of Clinical Oncology Genitourinary Cancers Symposium. The data referred to in the abstract dates to September of 2023; the upcoming presentation will include data as of December 2023. The study is being conducted by Corbus's partner CSPC Pharmaceutical Group in China. ASCO GU will be held January 25-27, 2024 in San Francisco, CA and online. The abstract, a Phase 1 Dose-Escalation of SYS6002, a next-generation Nectin-4 Targeting Antibody Drug Conjugate by DingWei Ye, et al will be presented on Jan 26th between 11:30-1pm PST. SYS6002 is currently being explored in a dose escalation on a Q3W schedule, with a view to reducing free-MMAE concentrations in plasma and thereby reducing the associated toxicities that are known to dose limit enfortumab vedotin. Additionally, by administering SYS6002 on a Q3W schedule there is an opportunity to increase clinical convenience and patient compliance. The dose escalation that will be presented currently spans 6 dose levels and makes use of a Bayesian Optimal Interval design with accelerated titration. The trial is evaluating the safety and tolerability of SYS6002 to determine the Maximum Tolerated Dose and/or the Phase II dose in patients with advanced solid tumors who have failed or were intolerant to standard treatment. Patients were enrolled based on nectin-4 staining, with the exception of metastatic urothelial cancer urothelial cancer patients, who were considered to be nectin-4 positive. Beyond determining safety and tolerability, the pharmacokinetic and preliminarily anti-tumor activity of SYS6002 are reported. The Poster will include an updated cumulative dataset, based on a data-cut of 18 December 2023, of safety, tolerability, preliminary anti-tumor activity, pharmacokinetic, and nectin-4 expression levels from patients with metastatic urothelial cancer, cervical cancer, triple-negative breast cancer, and colorectal cancer. Continued development of SYS6002 as both a monotherapy and in combination is planned both in China, U.S. and Europe.
SLDP

Hot Stocks

08:14 EST Solid Power announces $50M share repurchase authorization - Solid Power announced that its Board of Directors has authorized the repurchase of up to $50 million of the company's common stock. "This program is a reflection of our strong cash position and commitment to creating shareholder value," said John Van Scoter, President and Chief Executive Officer of Solid Power, Inc. "It is driven by our view that Solid Power's shares are undervalued and demonstrates confidence in our progress. We believe that with our unique capital-light business model, we can opportunistically buy back shares while continuing to drive technology development."
LSEA

Hot Stocks

08:14 EST Landsea Homes acquires 45 finished homesites in Texas - Landsea Homes purchased 45 finished homesites at the Village at Manor Commons master planned community in the increasingly popular city of Manor, Texas. Landsea Homes' new community at Village at Manor Commons will consist of 45 single-family homes. Model home construction is expected to begin in Spring 2024. Prices are anticipated to begin in the low-$300ks. The Village at Manor Commons marks Landsea Homes' fourth community in the greater Austin area.
RUM

Hot Stocks

08:13 EST Rumble announces public launch of Rumble Studio - Rumble announced the public launch of its new live streaming tool, Rumble Studio. The product is now available to all Rumble users across Web, iOS, and Android. "Rumble Studio not only offers live-streaming to all platforms at no cost to the creator but revolutionizes live-streaming monetization. With its one-of-a-kind features, I've never been more personally excited about a single product," said Chris Pavlovski, Chairman and CEO of Rumble. "Imagine a world with live advertiser bidding, where creators fully endorse and tell their audiences to buy your product, all automated and in real-time. That's what Rumble Studio will do," he added.
RZLT

Hot Stocks

08:12 EST Rezolute receives Innovative Passport designation from MHRA for RZ358 - Rezolute announced that the U.K. Medicines and Healthcare products Regulatory Agency, MHRA, has awarded the innovative medicine designation, the Innovation Passport, to RZ358 for the treatment of hypoglycemia due to congenital hyperinsulinism. The Innovation Passport designation was granted based on the substantial unmet medical need in this condition and the potential for RZ358 to benefit patients as evidenced by the Phase 2 RIZE study in congenital HI, which safely demonstrated significant improvements in hypoglycemia events. "Congenital hyperinsulinism is the most frequent cause of severe, persistent hypoglycemia in newborn babies, infants and children," said Susan Stewart, J.D., Chief Regulatory Officer at Rezolute. "The Innovation Passport opens the door for Rezolute to discuss access considerations for potential future indications for RZ358. We are thrilled to receive this designation and work closely with the U.K. and other regulatory authorities to bring this meaningful therapy to patients in need."
PRPH

Hot Stocks

08:12 EST ProPhase Labs announces significant progress at PMI - ProPhase Labs announces significant progress at Pharmaloz Manufacturing, PMI, its wholly owned subsidiary. With the implementation of recent price increases across its entire product line, PMI has transitioned to significant projected 2024 profitability starting with Q1 2024. In view of favorable current market conditions and demand for PMI's services and products, PMI is optimistic that it will experience continued favorable pricing for the near to intermediate term. PMI's operational enhancements have helped drive its current success. PMI recently acquired cutting-edge automation equipment and, with other operating efficiencies, is set to escalate plant capacity by over 50%, raising annual production capability from below $10 million to over $15 million. PMI is not stopping there. The installation of a second lozenge production line and further automation in Q2 2024 are projected to approximately double capacity to a $30-$35 million potential run-rate. Additional equipment set to arrive by Q4 2024 could increase annual production capabilities to a range of $60-$80 million, based on a 3 1/2 day workweek. Ted Karkus, CEO of ProPhase Labs, reflects on this transformative journey: "What began as a modest manufacturing unit solely dedicated to our Cold-EEZE contract manufacturing has evolved into a top-tier facility producing premium lozenges for global brands. Our roadmap envisages scaling this business in the next 18-24 months from under $10 million in annual revenue to a potential $80-$100 million production capacity with healthy net profit margins. With prospective global partnerships, we're collaborating with a leading engineering and consulting firm to potentially enhance production capacity to $100-$200 million in annual revenues by the end of 2025. Of course, there can be no assurance that we will in fact be able to win new business at these levels, or that such new business will deliver the projected gross margins, but that is the goal."
BYRN

Hot Stocks

08:12 EST Byrna Technologies partners with media personality Glenn Beck - Byrna Technologies announced its strategic partnership with Glenn Beck and his company, Blaze Media. Byrna is set to launch a comprehensive, 52-week advertising campaign on The Glenn Beck Program and The Glenn Beck Weekend Show that will have live and recorded spots throughout 2024. Through Blaze Media, Byrna will also gain exposure through digital TV ads, podcasts, and live read endorsements on Blaze TV.
VCIG

Hot Stocks

08:10 EST VCI Global secures first IPO consultancy deal in 2024 - VCI Global has been engaged by a Singapore-based Fin-MedTech Medical Group as its initial public offering, IPO, consultant for its intended IPO on Nasdaq which is expected to be completed in 2024/2025. Under this engagement, VCI Global will provide consultancy services in equity structure and capital market strategy, facilitate engagements of external professionals namely underwriter, auditor and lawyer; assists in regulatory approval and provide recommendations in compliance and internal control matters. VCI Global will receive payment in shares throughout the engagement exercise. Subsequently, the estimated income, to be derived from this consultancy service, is in the range of USD4 million to USD8 million, pending the IPO valuation. "We are honoured that our reputation as an IPO consultant is fast gaining recognition within global business communities where we have been engaged by companies from different countries. With the Medical Group being the latest to engage our services, we are more than happy to share our experience with them, enabling them to have a successful IPO exercise," said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
OTLK

Hot Stocks

08:10 EST Outlook Therapeutics announces convertible note extension - On January 22, 2024, Outlook Therapeutics reached an agreement with the holder of its outstanding convertible promissory note to extend the maturity until July 1, 2025, subject to certain conditions, including receipt of at least $25.0 million of proceeds from an equity offering and reduction of the conversion price on $15.0 million aggregate principal amount of the note.
ANGO

Hot Stocks

08:10 EST FDA clears AngioDynamics Auryon XL Catheter to treat Peripheral Arterial Disease - AngioDynamics announced that the United States Food and Drug Administration FDA has cleared the Auryon XL Catheter, a 225-cm radial access catheter, for use with the Auryon Atherectomy System in the treatment of Peripheral Arterial Disease PAD..."Radial access is more than an entry point; it's a transformative expressway to enhanced patient outcomes," said Ankur Lodha, M.D., interventional cardiologist at Cardiovascular Institute of the South located in Lafayette, Louisiana. "With an innovative design and its ease-of-use, the Auryon XL Catheter brings significant advancements to radial procedures as the first non-orbital atherectomy device - setting a new standard for laser atherectomy technology." ...Following FDA 510(k) clearance, AngioDynamics initiated a limited market release of the Auryon XL Catheter in the United States in January 2024 and expects to enter full market release in February 2024.
INO

Hot Stocks

08:09 EST Inovio announces effective date of 1-for-12 reverse stock split - Inovio announced that a 1-for-12 reverse stock split of its outstanding shares of common stock will be effective as of 5:00 p.m. Eastern Time on Wednesday, January 24. The company's common stock will begin trading on a reverse stock split-adjusted basis at the opening of the market on Thursday, January 25. Following the reverse stock split, the company's common stock will continue to trade on the Nasdaq Capital Market under the symbol "INO" with the new CUSIP number, 45773H 409. The reverse stock split is part of the company's plan to regain compliance with the minimum bid price requirement for continued listing on Nasdaq. At the effective time of the reverse split, every 12 issued and outstanding shares of the company's common stock will automatically be combined into one issued and outstanding share of the company's common stock without any change in the par value per share. The reverse stock split will affect all stockholders uniformly and will not alter any stockholder's relative interest in the company's equity securities. The reverse stock split will not reduce the number of authorized shares of the company's common stock, which will remain at 600M shares. The reverse stock split will reduce the number of issued and outstanding shares of the company's common stock from approximately 280.1M to approximately 23.3M.
INVO

Hot Stocks

08:09 EST NAYA Biosciences to acquire Florida Biotechnologies - NAYA Biosciences, a company which has recently signed a definitive merger agreement with INVO Bioscience, announced that it has entered into a binding letter of intent to acquire Florida Biotechnologies, a gene therapy company focusing on the treatment of mitochondrial diseases. "We are impressed by the initial safety and efficacy of the AAV gene therapy developed by Florida Biotechnologies and the University of Miami for the treatment of LHON, a rare and debilitating genetic disease with no currently approved therapeutic regimen," commented NAYA Chairman & CEO Dr. Daniel Teper. "NAYA is committed to accelerating clinical development and Early Patient Access to this breakthrough therapy, which has the potential to achieve curative results in patients with progressive vision loss and blindness." NAYA entered into a binding Term Sheet with Florida Biotechnologies to acquire all of the outstanding capital stock of Florida Biotechnologies for $20,000,000 in shares of NAYA post-merger with INVO, or 4,000,000 shares, each worth $5.00. In conjunction with this transaction, Dr. Peter Kash will join NAYA's board of directors as Vice Chairman.
NVEI ADBE

Hot Stocks

08:10 EST Nuvei, Adobe partner on eCommerce payments - Nuvei (NVEI) announces that they are partnering with Adobe (ADBE) to provide customers access to their payments technology through their existing integration with Adobe Commerce, which is part of Adobe Experience Cloud, and enables businesses to create, manage and scale their commerce offerings. The partnership enables B2B and B2C businesses operating on Adobe Commerce to simplify payments relationships and expand into new markets.
OTLK

Hot Stocks

08:08 EST Outlook Therapeutics receives FDA agreement under SPA for NORSE EIGHT - Outlook Therapeutics has received written agreement from the FDA under an SPA for the NORSE EIGHT clinical trial protocol evaluating ONS-5010 in neovascular age-related macular degeneration subjects. Additionally, Outlook Therapeutics entered into securities purchase agreements with certain institutional and accredited investors for up to $172 million in gross proceeds to fund the advancement of ONS-5010. The FDA has reviewed and agreed upon the NORSE EIGHT trial protocol pursuant to the SPA. If the NORSE EIGHT trial is successful, it would satisfy the FDA's requirement for a second adequate and well-controlled clinical trial to address fully the clinical deficiency identified in the Complete Response Letter. NORSE EIGHT will be a randomized, controlled, parallel-group, masked, non-inferiority study of approximately 400 newly diagnosed, wet AMD subjects randomized in a 1:1 ratio to receive 1.25 mg ONS-5010 or 0.5 mg ranibizumab intravitreal injections. Subjects will receive injections at Day 0, Week 4, and Week 8 visits. The primary endpoint will be mean change in BCVA from baseline to week 8. Outlook Therapeutics expects NORSE EIGHT topline results and resubmission of the ONS-5010 BLA by the end of calendar year 2024. In addition, through a Type A meeting and additional interactions, Outlook Therapeutics has identified the approaches needed to resolve the chemistry, manufacturing and controls comments in the CRL. Outlook Therapeutics is working to address the open items and expects to resolve these comments prior to the expected completion of NORSE EIGHT.
BNGO

Hot Stocks

08:07 EST Bionano Genomics announces full commercial release of Stratys system - Bionano Genomics announced the full commercial release of the Stratys system, the Company's system for high throughput optical genome mapping. As part of an early access program, the following 10 sites have adopted a total of 11 Stratys systems: BC Cancer - Vancouver; Hamilton Health Sciences; Henry Ford Health System; National Guard Hospital; NHS Northwest Genomic Laboratory Hub; Radboud University Medical Center; UZ Brussel and Cliniques universitaires Saint-Luc; Vancouver General Hospital; Additional sites that Bionano is not able to name publicly include a United States-based high-volume centralized reference laboratory and a United States-based leading academic medical center specializing in cancer treatment. Erik Holmlin, PhD, president and chief executive officer of Bionano, commented, "We believe today marks an important day for anyone seeking to implement OGM at scale, with the announcement of commercial availability of Stratys, the first high throughput OGM system, which can shorten time-to-results, reduce hands-on-time and help reveal new actionable insights across research applications including heme malignancies, constitutional genetic disorders and cell and gene therapy. We launched an early access program for our Stratys system in 2023 to great enthusiasm, with orders exceeding our initial offering of 10 systems, many from new OGM adopters. We are excited to see these early access sites partner with us as we extend Stratys adoption across the world."
SRRK

Hot Stocks

08:07 EST FDA clears Scholar Rock's IND application for apitegromab study for obesity - Scholar Rock announced that the U.S. Food and Drug Administration FDA has cleared the company's Investigational New Drug or IND, application for its Phase 2 proof-of-concept trial of apitegromab to treat obesity in patients taking a GLP-1 receptor agonist GLP-1 RA . The Phase 2 trial is a randomized, double-blind, placebo-controlled, multi-center study to evaluate the effect of apitegromab, a highly selective myostatin inhibitor, to safely preserve lean muscle mass as an adjunctive therapy in overweight and obese adults who are taking a GLP-1 RA. Trial initiation is on track for mid-2024, and data from the apitegromab Phase 2 trial are expected in mid-2025. In parallel, Scholar Rock is developing SRK-439, a novel investigational selective myostatin inhibitor, optimized for the treatment of obesity. The Company plans to file an IND for SRK-439 in 2025. "The FDA's acceptance of our IND application to study apitegromab in obesity allows us to assess the effect of our highly selective myostatin inhibitor on preserving lean muscle mass, and safety and tolerability of our approach when combined with a GLP-1 RA. The IND builds on our encouraging apitegromab clinical and safety data to date and allows us to inform the development of our cardiometabolic program with SRK-439, a novel preclinical selective myostatin inhibitor optimized for development in cardiometabolic disorders," said Jay Backstrom, M.D., MPH, President and Chief Executive Officer of Scholar Rock. "Maintaining lean mass during weight loss is important to overall metabolic health, and we look forward to initiating the Phase 2 proof-of-concept trial in apitegromab to validate our differentiated approach of selectively targeting only the pro- and latent forms of myostatin to retain muscle mass."
NDAQ

Hot Stocks

08:07 EST Nasdaq Capital Access Platforms launches 'Nasdaq IPO Pulse Index' - Nasdaq announced its Capital Access Platforms division launched a new leading indicator to provide corporates and investors with an outlook for the direction of initial public offering activity with a high degree of predictability six months out. The "Nasdaq IPO Pulse Index" suggests an upswing in potential IPO activity when it is in an uptrend - it is now at its highest level since 2021 - compared to a pullback in IPO activity when the index is trending in the other direction.
RCAT

Hot Stocks

08:06 EST Red Cat integrates AI capabilities in next-generation drone system - Red Cat announces it will integrate advanced AI capabilities into its next generation drone under development for the U.S. Army's Short Range Reconnaissance Tranche 2 Program of Record. Red Cat's subsidiary Teal Drones will incorporate Teledyne FLIR's Prism AI platform, which provides classification, object detection, and autonomous tracking technology in real-time during both nighttime and daytime operations. Teal was recently selected by the Department of Defense's Defense Innovation Unit and the U.S. Army as one of two finalists competing in the SRR program. The program's goal is to provide small, rucksack-portable sUAS capabilities to Army platoons for situational awareness beyond the next terrain feature. The Company's collaboration through the Thermal by FLIR program will enable Teal to move beyond customary ISR capabilities and into the realm of tactical edge capability, battlefield management, and critical decision-making support designed to meet or exceed the SRR requirements. "Teal's solution is the first to integrate this kind of advanced artificial intelligence and real-time processing onboard the aircraft itself. This allows us to bring as much capability to the tactical edge as possible while lowering the cognitive load of warfighters," said George Matus, Red Cat's Chief Technology Officer. "Our collaboration with Teledyne FLIR continues to strengthen our product ecosystem and help unlock the powerful future we see with drones."
ASPS

Hot Stocks

08:05 EST Lenders One welcomes 29 new member companies to cooperative - Lenders One Cooperative is pleased to welcome 29 new member companies that joined during the 2023 calendar year. The addition of these members amid the challenging mortgage origination environment is a testament to the power of the Cooperative's mission of helping members maximize revenue, reduce the cost to manufacture loans and improve decisions through the sharing of best practices.
FDMT

Hot Stocks

08:04 EST 4D Molecular receives RPDD from FDA for aerosolized 4D-710 - 4D Molecular Therapeutics announced that the U.S. Food and Drug Administration, FDA, has granted Rare Pediatric Disease Designation, RPDD, for the Company's product candidate aerosolized 4D-710 for treatment of cystic fibrosis lung disease. 4D-710 is being evaluated in the Phase 1/2 AEROW clinical trial in people with CF who are not eligible for, or cannot tolerate any of, the currently approved CFTR modulators. "The Rare Pediatric Disease Designation is a very important regulatory milestone in our development path for 4D-710 and highlights the urgent need for novel therapeutic options for people living with CF lung disease, including children, especially those who are not eligible for currently available disease modifying therapies," said David Kirn, M.D., Co-founder and Chief Executive Officer of 4DMT. "Based on the CFTR expression levels and clinical activity seen to-date, we are excited about the potential for 4D-710 to transform the lives of people with CF with an effective and durable treatment option. We continue to enroll our AEROW clinical trial and work with the CF Foundation and regulators to identify the most efficient path to advance this therapy, with preliminary feedback expected this quarter."
PETV

Hot Stocks

08:04 EST PetVivo receives notice of allowance from USPTO - PetVivo Holdings announced that the United States Patent and Trademark Office has issued a notice of allowance for a patent application related to the Company's proprietary biomaterials and corresponding products. The broad scope of the issued claims in this patent, entitled "Protein Biomaterials and Biocoacervates and Methods of Making and Using Thereof" provides protection for a broad range of proprietary products, including the biocompatible sponge-like particles used in PetVivo's signature product, Spryng with OsteoCushion Technology. With the imminent patent issuance by the USPTO, PetVivo's intellectual property portfolio has grown to twenty-two allowed and/or issued patents, twelve of which are United States patents.
ANSS

Hot Stocks

08:03 EST Ansys to acquire minority ownership interest in Humanetics, no terms disclosed - Ansys announced that it has entered into a definitive agreement to acquire a minority ownership interest in Humanetics from Bridgepoint, the global private equity firm that first invested in Humanetics in 2018. The transaction is subject to customary closing conditions and receipt of required regulatory approvals. Humanetics is a provider of physical and digital human safety systems and sensor technologies. Building on an existing partnership, the two companies will together strengthen the human safety engineering ecosystem and help propel the industry forward by marrying physical and virtual safety solutions with digital twins.
BTBT

Hot Stocks

08:02 EST Bit Digital's inaugural AI contract commences revenue generation - Bit Digital's customer contract for its Bit Digital AI business has commenced revenue generation. 192 servers, representing 1,536 GPUs, began generating revenue on January 23, 2024. An additional 64 servers, representing 512 GPUs, are expected to start earning revenue by the end of January 2024. The total contract value for 2,048 GPUs is worth more than $50M of annualized revenue to Bit Digital.
ANIX

Hot Stocks

07:58 EST Anixa Biosciences granted ovarian cancer vaccine technology patent in Japan - Anixa Biosciences' collaborator Cleveland Clinic has received a "Decision to Grant" notice from the Japan Patent Office for the patent application titled "Ovarian Cancer Vaccines." The Ovarian Cancer Vaccines researchers demonstrated in pre-clinical studies that vaccination against the extracellular domain of anti-Mullerian hormone receptor II significantly inhibits tumor growth and enhances overall survival. The results indicate that vaccinating women against AMHR2-ED could provide safe and effective preemptive immunity against epithelial ovarian carcinoma, the most common form of ovarian cancer. Anixa is the exclusive worldwide licensee for the vaccine technology from Cleveland Clinic, a nonprofit, multispecialty academic medical center.
GE

Hot Stocks

07:57 EST General Electric expects 'substantial' profit, FCF growth in GE Vernova in FY24 - Expects GE Aerospace to deliver "higher revenue, profit, & FCF" in FY24. Says both businesses positioned for long-term, sustainable growth.
CMGR

Hot Stocks

07:57 EST Clubhouse Media announces Bre Young joins HoneyDrip.com - Clubhouse Media announced that model and social media influencer, Bre Young, has joined HoneyDrip.com. Bre has a large following, boasting nearly 116K+ followers on Instagram alone. Honeydrip.com is a digital platform designed and wholly owned by CMGR with a focus on the empowerment of creators. The site allows creators to connect and engage with fans and monetize exclusive content.
R

Hot Stocks

07:57 EST Ryder, Kodiak Robotics open truckport for autonomous trucks in Houston - Ryder and Kodiak Robotics announced a collaboration to leverage Ryder's service network to enable the commercialization and scaling of Kodiak's autonomous truck solution. To start, Kodiak and Ryder established their first truckport in Houston, strategically-located at an existing Ryder fleet maintenance facility. The truckport, which opened in December, enables Kodiak to launch and land autonomous trucks as well as transfer freight to serve routes between Houston, Dallas, and Oklahoma City.
LMT

Hot Stocks

07:57 EST Lockheed Martin sees FY24 Aeronautics sales $27.75B-$28.25B - Sees Aeronautics segment operating profit $2.75B-$2.8B. Sees MFC sales $11.9B-$12.1B, segment operating profit $1.375B-$1.425B. Sees RMS sales $16.45B-$16.85B, segment operating profit $1.9B-$1.95B. Sees Space sales $12.4B-$12.8B, segment operating profit $1.15B-$1.2B.
LMT

Hot Stocks

07:52 EST Lockheed Martin sees FY24 segment operating profit $7.175B-$7.375B - Comments taken from Q4 earnings conference call presentation slides.
LNTH

Hot Stocks

07:47 EST Lantheus CEO Mary Anne Heino to retire, Brian Markison to succeed - Lantheus Holdings announced that the Company has appointed Brian Markison, current Board Chair, to the position of CEO, effective as of March 1, 2024. He will also continue as a member of Lantheus' Board of Directors, where he has served for the past 11 years. Mary Anne Heino, who has successfully led and grown the Company for the past nine years, will retire as CEO on March 1, 2024 and assume the role of Chair of the Board of Directors as part of a deliberate CEO succession process. As part of this leadership transition, Mr. Markison will assume the role of Executive Chair of the Board immediately until his CEO appointment in March, and Board Member Julie McHugh will become Lead Independent Director effective immediately. Markison most recently served as CEO and Director of RVL Pharmaceuticals.
GE

Hot Stocks

07:46 EST General Electric says orders up across all segments - Says "solid close to the year, driven by robust demand and leaner, more focused businesses." Says total engine deliveries up 11% sequentially in Q4. Expects to grow revenue, profit, cash in GE Aerospace, GE Vernova in FY24. Comments taken from Q4 earnings conference call.
ARWYF

Hot Stocks

07:40 EST ARway.AI signs deal with AI Safer for AR navigation - ARway.ai announced a new deal with AI Safer, the Agency of Record for The Royal Institute of Traditional Arts in Saudi Arabia. This collaboration marks a significant step in enhancing visitor experiences at museums and tourist attractions across Saudi Arabia through AR navigation technology. This contract will see the integration of ARway's navigation technology in key cultural sites, offering visitors a unique, engaging, and educational experience.
SNOA

Hot Stocks

07:38 EST Sonoma Pharmaceuticals introduces Lumacyn Clarifying Mist - Sonoma Pharmaceuticals announced the launch of Lumacyn Clarifying Mist direct to consumers for over-the-counter use in the United States. Lumacyn Clarifying Mist is an anti-inflammatory and antibacterial spray that calms irritated skin using Sonoma's patented stabilized hypochlorous acid. As a daily use toner, Lumacyn is specially formulated to soothe the skin, reduce redness and irritation, and manage blemishes by reducing infection. Lumacyn is all-natural, pH balanced, free of fragrances and additives, and safe for all ages and skin types.
CYBN

Hot Stocks

07:38 EST FDA clears Cybin IND application for CYB004 for GAD, begins Phase 2a in Q1 - Cybin announced that the U.S. Food and Drug Administration has cleared its investigational new drug IND application for CYB004, its proprietary deuterated dimethyltryptamine DMT molecule in development for the treatment of Generalized Anxiety Disorder or GAD. This clearance allows the Company to proceed with its plans to initiate a Phase 2a study of CYB004 in Q1 2024. The Phase 2a study will be a randomized, double-blind, active-controlled trial to assess the preliminary clinical efficacy, safety, tolerability, PK and PD of CYB004 in participants with GAD. This trial will be conducted at study sites in the United States."With the recent positive topline results from two Phase 1 studies of our proprietary deuterated DMT molecules, CYB004 and SPL028, we are well-positioned to initiate a Phase 2a study of CYB004 in GAD this quarter," said Doug Drysdale, Chief Executive Officer of Cybin. "From our extensive portfolio of DMT and deuterated DMT datasets across five completed clinical studies, we have gathered important insights on dosing and preliminary efficacy signals in both depression and anxiety that will inform our next steps. Exploratory data from our completed Phase 2a study of SPL026 IV DMT have shown that SPL026 reduced symptoms of anxiety in patients with major depressive disorder, which further serves to de-risk the development of deuterated DMT in anxiety disorders as we continue to evaluate the efficacy and safety of CYB004."
NEM SSUMY

Hot Stocks

07:38 EST Newmont names Yamagano, Noto properties for JV under alliance agreement - Irving Resources announced that Newmont Exploration (NEM) has designated the Yamagano and Noto properties, the exploration work on which has been funded under alliances formed by the Company with Newmont and with Sumitomo Corporation (SSUMY) for joint venture. The parties will use commercially reasonable best efforts to enter into a joint venture agreement or similar governing agreement within 90 days which is expected to include an exploration program up to an initial $5 million. Initially, Property interests will be split 60% to Newmont, 27.5% to Irving, and 12.5% to Sumitomo if Sumitomo elects to participate, and Irving will be the initial joint venture manager. Irving and Sumitomo will have a one-time right to elect to maintain their respective interest in the Property by contributing their respective share of Property expenditures. If such right is not exercised, the relevant party's interest will be subject to dilution.
JFBR

Hot Stocks

07:36 EST Jeffs' Brands' Fort Products signs exclusive distribution agreement - Jeffs' Brands announced that its wholly owned subsidiary, Fort Products, had signed an exclusive distribution agreement with a leading manufacturer of solar panel protection and related products. According to the agreement, Fort was granted the exclusive right to sell and market the Products as an independent distributor, with no territorial limitation. "As a leading brand in the pest control market, Fort recognized the growing demand for protecting solar panels from pests, leading us to expand into the solar panel protection sector. This exclusive distribution agreement and our success with similar products are testaments to our adaptability and commitment to addressing evolving market needs," states Victor Hakmon, CEO of Jeffs' Brands.
TKO NFLX

Hot Stocks

07:36 EST TKO Group, Netflix announce WWE Raw is moving to Netflix - WWE, part of TKO Group Holdings (TKO), and Netflix (NFLX) announced a long-term partnership that will bring WWE's flagship weekly program - Raw - to Netflix. This marks a major programming shift as Raw leaves linear television for the first time since its inception 31 years ago. Beginning in January 2025, Netflix will be the exclusive new home of Raw in the U.S., Canada, U.K. and Latin America, among other territories, with additional countries and regions to be added over time. Likewise, as part of the agreement, Netflix will also become the home for all WWE shows and specials outside the U.S. as available, inclusive of Raw and WWE's other weekly shows - SmackDown and NXT - as well as the company's Premium Live Events, including WrestleMania, SummerSlam and Royal Rumble. WWE's award-winning documentaries, original series and forthcoming projects will also be available on Netflix internationally beginning in 2025.
ZVRA

Hot Stocks

07:35 EST Zevra Therapeutics appoints Alvin Shih to board of directors - Zevra Therapeutics announced the appointment of Alvin Shih, MD, MBA, to the Company's Board of Directors effective as of January 20, 2024. Dr. Shih currently serves as President and CEO of Catamaran Bio, a biotechnology company developing cell therapies for multiple oncologic indications.
FHN

Hot Stocks

07:35 EST First Horizon appoints FedEx CFO John Dietrich to its Board of Directors - First Horizon elected John Dietrich to the First Horizon Corporation Board of Directors and First Horizon Bank Board of Directors. Dietrich is EVP and CFO of FedEx, a provider of transportation, e-commerce and business services. Prior to joining FedEx, Dietrich served as President, CEO and a member of the board of directors of Atlas Air from 2019 until it was acquired by an investor group in 2023. He joined Atlas in 1999 as Associate General Counsel, was promoted to Senior Vice President, General Counsel and Corporate Secretary in 2004, and served as COO from 2006 until 2019. Prior to joining Atlas, he worked at United Airlines for 13 years. Dietrich also serves on the Board of Directors of AAR Corporation and is actively engaged in his industry as Chairman of the National Defense Transportation Association, a member of the Board of Governors of the International Air Transport Association and a member and former Chairman of the National Air Carrier Association. The company also announces the retirement of two esteemed directors, John Casbon and William Fenstermaker, effective at First Horizon's 2024 annual meeting of shareholders.
ISPC

Hot Stocks

07:35 EST iSpecimen, TriMetis Life announces strategic partnership - iSpecimen announced that it entered into a pilot program agreement with TriMetis Life Sciences. This agreement aims to establish a strategic partnership between iSpecimen and TriMetis, providing opportunities for iSpecimen, its suppliers and customers to utilize technology solutions from TriMetis. By combining iSpecimen's global network of suppliers and researchers with TriMetis' AI-powered, automated digital pathology solutions, this partnership is working to address industry challenges, reduce the risk of errors associated with manual processes and revolutionize tissue assessment for preclinical research. "This pilot program exemplifies the fusion of two online portals, leveraging cutting-edge technological tools to both enhance customer service and elevate industry standards," said Tracy Curley, Chief Executive Officer of iSpecimen. Ms. Curley continued, "For both iSpecimen and TriMetis, the focus is first and foremost on establishing best practices for quality control and assurance. By incorporating AI readings and images, our goal is to enhance the standardization of tissue-based oncology samples on the iSpecimen Marketplace(R), contributing to a transformative shift in the quality assessments of tissue samples. Our collaboration with TriMetis represents a milestone in advancing tissue research quality, streamlining procurement processes and setting new industry-wide benchmarks through this innovative process that will further increase accuracy."
ADES ARQ

Hot Stocks

07:35 EST Advanced Emissions to rebrand as Arq - Advanced Emissions Solutions announced a corporate rebrand to Arq, expected to be effective before market open on Thursday, February 1, 2024. This corporate rebrand follows ADES's completed acquisition of substantially all of the assets of Arq Limited and all of its subsidiaries in February 2023, which enabled the Company's expansion to becoming an environmental technology company, developing high-performing patented products that help industrial customers accelerate to a cleaner, more sustainable future. The Company's corporate name change to Arq, Inc. and NASDAQ ticker change to "ARQ" are expected to be effective before market open on Thursday, February 1, 2024. At this time, the Company will also unveil its updated corporate website, reflecting its latest corporate brand. The Company will issue additional information and resources at this time. Separately, on January 4, 2024 the Company filed a Form S-1 registration statement with the SEC. For the purpose of clarity, the Company's registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission on January 4, 2024 solely facilitates the resale of Company shares that are held by certain shareholders who currently hold Company shares that were previously issued in connection with the Company's' acquisition of Arq on February 1, 2023. The registration statement does not relate to the issuance of any new shares by the Company, nor does it indicate any intention by the Company to issue any new shares.
LMT

Hot Stocks

07:34 EST Lockheed Martin reports Q4 cash from operations $2.4B, free cash flow $1.7B
ASTI

Hot Stocks

07:34 EST Ascent Solar appoints Blake as Strategic Advisor - Ascent Solar Technologies announced it has established a Strategic Advisory Board with the addition of its inaugural member, Major General Casey Blake, in the title of Strategic Advisor. General Blake joins Ascent after an expansive career with the United States Air Force. Most recently, General Blake served as the Deputy Assistant Secretary for Contracting in the Office of the Assistant Secretary of the Air Force for Acquisition, in Washington, D.C. In his new role as the first member of Ascent's Strategic Advisory Board, General Blake will advise Company leadership on government contracting processes and strategies and will lead development of a marketing program that will enable Ascent to better engage with both the US Air Force and Space Force to assist in their space solar solutions needs.
LMT

Hot Stocks

07:33 EST Lockheed Martin reports record backlog of $160.6B
JYD

Hot Stocks

07:33 EST Jayud Global Logistics to acquire two international logistics companies - Jayud Global Logistics announced that Shenzhen Jayud Logistics Technology, a wholly-owned subsidiary of Jayud in China, entered into equity purchase agreements to acquire 51% stakes in two international logistics companies, respectively, namely Qingdao Oranda Supply Chain Management and Shenzhen Jiniu International Logistics. Headquartered in Qingdao, Shandong, Oranda is an international logistics company with branches in ports across China and a global presence through agents in the Americas, Europe, Africa, and Southeast Asia, Oranda specializes in comprehensive logistics services for specialty goods. The corresponding equity interests in Oranda shall be transferred to Shenzhen Jayud upon the execution of the equity purchase agreement, while the purchase price of this transaction, depending on Oranda's actual annual average net profit from the acquisition closing date to December 31, 2026, will be paid partially in cash and the remainder in Class A ordinary shares of Jayud in 2027. If Oranda's annual average net profit from the acquisition closing date to December 31, 2026 is less than approximately $700K, Jayud reserves the right to cancel this equity acquisition transaction. Established in November 2021, Shenzhen Jiniu International Logistics operates in Shenzhen's Longgang District, specializing in supply chain management, domestic cargo transportation agency, loading/unloading, and information consulting services within the Middle East trade lane. The corresponding equity interests in Jiniu shall be transferred to Shenzhen Jayud upon the execution of the equity purchase agreement, while the final purchase price for this transaction, depending on Jiniu's annual average net profit from the acquisition closing date to December 31, 2026, will be paid partially in cash and the remainder in Class A ordinary shares of Jayud in 2027. If Jiniu's annual average net profit from the acquisition closing date to December 31, 2026 is less than approximately $421K, Jayud reserves the right to cancel this equity acquisition transaction.
THTX

Hot Stocks

07:33 EST Theratechnologies says FDA continuing to review sBLA for tesamorelin F8 - Theratechnologies has received correspondence from the U.S. Food and Drug Administration regarding the Company's supplemental Biologics License Application for the F8 formulation of tesamorelin. The FDA has notified the Company that it is continuing its review of the application beyond the Prescription Drug User Fee Act goal date of January 22, 2024. Further information will be provided in due course.
BFH

Hot Stocks

07:32 EST Bread Financial names Allegra Driscoll EVP and chief technology officer - Bread Financial announced that Allegra Driscoll has been named executive vice president and chief technology officer. Ms. Driscoll joins Bread Financial from American Express, where she most recently served as SVP, Chief Information Officer of the Global Commercial Services Unit."We are thrilled to welcome Allegra to our organization and executive leadership team," said Ralph Andretta, president and chief executive officer at Bread Financial. "Allegra's proven track record as an innovative and visionary leader combined with her deep understanding of financial services will be invaluable as we continue our tech innovation and modernization. Her collaborative style will be instrumental as she partners with leaders across the organization to ensure technology is a driver of business objectives and that enterprise IT risk management, governance and oversight remain a top priority."
LMT

Hot Stocks

07:32 EST Lockheed Martin sees FY24 cash from operations $7.75B-$8B - Sees FY24 free cash flow $6B-$6.3B; FY24 CapEx ~$1.75B.
NFLX...

Hot Stocks

07:32 EST Netflix to become new home of 'WWE Raw,' beginning in 2025
FLYLF OSS

Hot Stocks

07:26 EST One Stop Systems, FLYHT expand relationship for AFIRS Edge Solution - One Stop Systems (OSS) and FLYHT Aerospace Solutions (FLYLF) announced the commencement of a multi-year design and manufacturing collaboration for FLYHT's automated flight information reporting systems Edge family, including its new AFIRS Edge+. The expanded relationship ensures that FLYHT has access to OSS's scaled capabilities as it launches the aviation industry's first-to-market 5G-enabled avionics solutions. The AFIRS Edge is an aircraft interface device, connecting aircraft data with EFB applications and providing airlines with Wireless Quick Access capabilities, all while serving as a gateway on the aircraft for critical real-time information and onboard data storage.
FAZE

Hot Stocks

07:24 EST FaZe Clan, Rollbit enter multi-million dollar esports sponsorship deal - FaZe Holdings and Rollbit announced a new multi-million dollar esports sponsorship deal. Under the terms of the partnership, Rollbit will become a global partner of FaZe Clan's Counter-Strike team, which is currently the number one ranked team according to the CS2 Valve World Ranking. Rollbit's sponsorship of FaZe Clan, focused exclusively outside of the United States, follows its recent partnership with SSC Napoli, one of Italy's most celebrated football clubs, affirming its commitment to partnering with top-performing sports properties on a global scale.
CHRA

Hot Stocks

07:23 EST Charah Solutions appoints Matthew Sutton as CEO - Charah Solutions announced the appointment of Matthew Sutton as President and CEO, effective January 22, 2024. Mr. Sutton, who will report to Charah Solutions Executive Chairman Curt Morgan and the Board of Directors, most recently served as President and CEO of Matrix Solutions.
ASTL

Hot Stocks

07:21 EST Algoma Steel sees low risk of impact to adjacent waterway from plant incident - Algoma Steel Group provided an update further to the incident on Saturday, January 20 at its coke-making plant when a structure supporting utilities piping collapsed. The company said, "Algoma advised that the water-related environmental release was fully contained by the evening of January 20, with most of the effluent being contained on-site. As a result, Algoma currently believes that there is a low risk of impact to the adjacent waterway. The Company remains in contact with regulatory authorities, union leadership, and local stakeholders including Indigenous communities. A repair plan for the coke-making plant is being developed with third party engineering support in accordance with Algoma's Environmental Compliance Approval. While the Company is actively assessing coke-making capacity, limited production has resumed at the three coke-production units. At the time of the coke-making incident, for safety reasons Blast Furnace operations were temporarily suspended while the site was secured. Upon the normal course resumption of iron production, Algoma experienced issues at the Blast Furnace related to other utilities supplying the facility as an unexpected consequence of the coke-making incident. As a result, the Blast Furnace was taken offline and work is underway to restart the furnace. The Company is evaluating the potential operational impact of the Blast Furnace being offline and currently expects to resume production within two weeks. We expect some impact on shipments, the extent of which will depend on the timeline to resume Blast Furnace operations.vAlgoma's combined plate/strip mill and cold mill operations remain unaffected by the incident, as does the EAF construction. Algoma currently believes that it can source adequate coke from third-party suppliers to augment coke production and coke inventory on site."
DPRO

Hot Stocks

07:19 EST Draganfly selected for electric mobility platform in UAE - Draganfly has been selected as a solutions provider of choice by Arabian Aero Investment, a Dubai-based company backed by a member of the Dubai Royal Family, which has announced the launch of a solar-powered charging platform in the UAE. Draganfly is to develop solutions for integrating Unmanned Aerial Vehicles with the UAE's inaugural end-to-end electric mobility platform that combines solar charging points with last-mile delivery, ushering in a new era of sustainable delivery systems. This initiative signifies the start of an ambitious plan to decarbonize the UAE's transportation landscape over the next three years.
BXP SNAP

Hot Stocks

07:18 EST Snap announces long-term lease extension at BXP Santa Monica Business Park - BXP (BXP) announced that it has signed a ten-year, approximately 467,000 square foot, multi-building lease extension with Snap (SNAP) at Santa Monica Business Park.
PROBF

Hot Stocks

07:18 EST Midland announces results from drilling on La Peltrie Option - Midland Exploration announced the results of the drilling campaign completed in the summer of 2023 in the vicinity of the large copper-gold-silver-molybdenum discovery made in 2022 on the La Peltrie Option. This significant mineralized system is located 15 kilometres southeast of Agnico Eagle's Zone 58N gold deposit and approximately 25 kilometres west of the former Selbaie mine, which produced 56.9 Mt grading 0.87% Cu, 1.85% Zn, 39 g/t Ag, and 0.55 g/t Au. The Property is currently subject to an option agreement and is explored in partnership with Probe Gold since July 2020. Highlights: Expansion of the mineralized zone intersected in discovery hole LAP-22-12 with a total interval of 0.20% CuEq over 513.5 metres; Higher-grade intervals within the mineralized envelope graded up to 1.33% CuEq over 9.5 metres and 0.56% CuEq over 13.2 metres; Indicates potential for a highly prospective and extensive mineralized system that remains open at depth with a possible trend interpreted to the west of discovery hole LAP-22-12. This drilling program was completed in September 2023 and consisted of eight drill holes totalling 2,700 metres, including five drill holes totalling 1,713.0 metres in the immediate vicinity of the Cu-Au-Mo-Ag discovery that graded 0.2% CuEq over 345.5 metres. During this program, drill hole LAP-22-12EXT, totalling 168.0 metres, extended the mineralized zone in the discovery hole by returning a total interval grading 0.20% CuEq over 513.5 metres. Drill hole LAP-23-18, drilled to the north approximately 150 metres east of drill hole LAP-22-12, intersected a wide Cu-Au-Mo-Ag mineralized interval grading 0.15% CuEq over 363.0 metres, including a high-grade zone with grades of 1.33% CuEq over 9.5 metres. Drill hole LAP-23-20, drilled to the south approximately 50 metres east of drill hole LAP-23-18, yielded a wide interval grading 0.12% CuEq over 400.2 metres, including an interval grading 0.56% CuEq over 13.2 metres. Hole LAP-23-21, drilled to the south approximately 250 meters northeast of hole LAP-23-18, returned an interval grading 0.19% CuEq over 22 meters, and another grading 0.15 % CuEq over 66 meters. A preliminary interpretation of results received to date indicates that combined Cu-Au-Mo-Ag grades appear to increase in drill holes from east to west, thus indicating a possible enrichment trend to the west of drill hole LAP-22-12 in an area that remains completely open in this direction and at depth. Midland and Probe are currently preparing an exploration program in order to resume follow-up drilling on this new discovery.
PROBF

Hot Stocks

07:15 EST Probe Gold reports results from drilling program on La Peltrie Project - Probe Gold provides new results from its 2023 drilling program completed on the La Peltrie Project. The drilling campaign, consisting of 2,683 meters in 8 holes and one extension hole, was a follow-up program to Probe's 2022 drilling, which discovered base metal mineralization on the La Peltrie Option property. The 2022 discovery hole, LAP-22-12, graded 0.13% Cu over 345.5 metres. The 2023 follow-up drilling campaign was successful in demonstrating both continuity of the Cu-Au-Ag-Mo system and the presence of higher-grade mineralization. The 2023 drill program on the La Peltrie Option property tested the continuity of the Cu-Au-Ag-Mo mineralization along strike of the 2022 discovery in LAP-22-012. The drilling program was completed in September 2023 and consisted of eight drill holes totalling 2,683 metres, including five drill holes totalling 1,713.0 metres in the immediate vicinity of the Cu-Au-Mo-Ag discovery and three holes testing new targets. During the program the original discovery hole, LAP-22-12, which ended still in mineralization, was also deepened by 168.0 metres and extended the zone to 513.5 metres of 0.13% Cu. Drill hole LAP-23-18, drilled to the north approximately 150 metres east of drill hole LAP-22-12, intersected a wide Cu-Au-Mo-Ag mineralized interval grading 0.11% Cu over 363.0 metres, including a high-grade zone with grades of 1.17% Cu over 9.5 metres. Drill hole LAP-23-19, drilled to the north approximately 250 meters north of hole LAP-23-12, returned an interval grading 0.17% Cu over 15.2 meters, and another grading 0.09% Cu over 17.0 meters. Drill hole LAP-23-20, drilled to the south approximately 350 metres northeast of drill hole LAP-23-18, yielded a wide interval grading 0.09% Cu over 400.2 metres, including an interval grading 0.50% Cu over 13.2 metres. Drill hole LAP-23-21, drilled to the south approximately 250 meters northeast of hole LAP-23-18, returned an interval grading 0.16% Cu over 22 meters, and another grading 0.12% Cu over 66 meters. A preliminary interpretation of results received to date suggests that combined Cu-Au-Mo-Ag grades tend to increase from east to west. This indicates a potential vector of enrichment west of drill hole LAP-22-12_EXT, in an area that has not been tested. Base metal mineralization is associated with a massive to pillowed, fine-grained basalt unit. The basalt is carbonatized and pillow selvages have strong chlorite and epidote alteration. The volcanic unit is crosscut by cm-scale quartz veins with blocky potassium feldspar within the veins and strong potassic epidote alteration halos. Local hydrothermal breccia zones have strong albite and silica altered angular clasts in a quartz/carbonate matrix. Quartz veining and brecciated zones host up to 25% sulphides as veinlets and blebby intergrowths of chalcopyrite and pyrrhotite. Based on these results, the Company is currently preparing an exploration program in order to resume follow-up drilling on this new discovery.
LTHCF

Hot Stocks

07:13 EST Lithium Ionic announces new assay results from Bandeira project - Lithium Ionic reports new assay results for 16 drill holes from its Feasibility-stage Bandeira Lithium Project, situated in northern Minas Gerais State, Brazil, in a world-class hard rock lithium district known as the "Lithium Valley", where two lithium producers currently operate. Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, "Results from Bandeira continue to impress us with consistently high grades over meaningful widths. Our drilling efforts at Bandeira are primarily focused on expanding and upgrading the deposit, however geotechnical and condemnation drilling are also underway in preparation for mine development. We look forward to delivering some significant milestones in the near-term, including a Feasibility Study for Bandeira as well as an initial mineral resource estimate at our Salinas Project."
TLRY

Hot Stocks

07:12 EST Tilray's RIFF Cannabis launches THCA 'Liquid Diamond' Vapes - Tilray Brands unveils the latest additions to the Diamond Collection from premium cannabis brand, RIFF. The new RIFF Diamond Collection is produced with small-batch, hand-crafted whole flower boosted by THCA diamonds and full spectrum live resin, with the lineup including infused pre-rolls, blunts, and now vapes, all available across Canada in select regions and retailers. RIFF's new liquid diamond vapes are for those who appreciate potency and purity, accompanied by maximum flavour. Formulated with premium distillate, high-potency THCA diamonds, and botanical terpenes, these new high-grade, liquid diamond vapes are sure to provide highly refined and unforgettable experiences. RIFF's new release of its Liquid Diamond Vapes includes: Cherry Stardust: Produced with pure THCA diamonds and a burst of cherry flavours. Melonaide: Sparkling melon produced with pure THCA diamonds featuring sour citrus, melon, and spice aromas that shine through.
LGO

Hot Stocks

07:12 EST Largo Inc. reports annual production of 9,681 tons of vanadium pentoxide - Largo Inc. announced annual production of 9,681 tons of vanadium pentoxide, or V2O5, equivalent from its Maracas Menchen Mine and sales of 10,396 tons of V2O5 equivalent in 2023. Daniel Tellechea, Interim CEO of Largo, stated: "The Company continues to improve the operational efficiency of its Maracas Menchen Mine, and saw a considerable improvement in production results in the fourth quarter of 2023. As a result, the Company managed to achieve its annual production and sales guidance for 2023. The Company continues to place as many units as possible in the premium yielding high purity vanadium sector, achieving a record production of 1,670 tonnes of high purity V2O5 equivalent in Q4 2023, representing 60% of the Company's quarterly V2O5 output. This improvement is expected to partially offset the impact of lower vanadium prices in Q4 2023, which fell to their lowest level in approximately two years, and lower sales volumes compared to Q4 2022. In Q4 2023, we continued to ramp up our ilmenite concentrate plant and are pleased to provide the first annual guidance for this material in 2024. With a substantial investment in this new plant in 2022/2023, we look forward to reaping the benefits of diversifying Largo's product offering and revenues in 2024 from expected ilmenite sales as by-product of our traditional vanadium operations. We completed our first 500 tonne ilmenite sale in January 2024 and expect to sell between 8,500 - 10,500 tonnes in Q1 2024. For the coming year, it is our priority to remain focused on optimizing our operations, reducing costs, and achieving our production and sales targets as we continue to navigate a lower vanadium price environment. Lastly, Largo remains dedicated to advancing its exploration program surrounding the Maracas Menchen Mine as we strive to plan for future growth."
ARQQ

Hot Stocks

07:12 EST Arqit Quantum, HPE Athonet. Arqit deliver quantum-safe private 5G - Arqit Quantum and and Ampliphae Ltd have announced successful completion of a project that will deliver enhanced quantum-safe security for Private 5G networks. The Security Enhanced Virtualised Networking for 5G, SEViN-5G, project, funded by Innovate UK, the UK Government's innovation agency, leveraged Ampliphae's network security analytics technology and Arqit's Symmetric Key Agreement Platform to deliver a quantum-secure Private 5G testbed that can protect against both current and future cyber threats. The security of these networks will be paramount as they will support safety-critical infrastructure and carry highly sensitive data. But like any new technology, 5G comes with potential new threats and security risks including the threat from quantum computing. The project finished in December 2023 and customer engagement has already begun. David Williams, Arqit Founder, Chairman and CEO said: "Enterprises want to deploy Private 5G networks with complete confidence that they will be safe from both current and future cyber threats including from quantum computers. Working alongside Ampliphae, we have shown that a quantum-safe Private 5G network is deliverable using Arqit's unique encryption technology."
USAS

Hot Stocks

07:10 EST Americas Gold and Silver reports Q4 silver production up 56% YoY - Americas Gold and Silver Corporation is pleased to provide its Q4-2023 and full year 2023 production results as well as an update to Galena Complex exploration results...Drilling between 4600 and 4900 Level Q4-2023 was the Company's strongest production quarter of the year as consolidated attributable silver production rose over 50% totalling approximately 0.58M ounces compared with approximately 0.38M ounces in Q4-2022 and approximately 0.39 million ounces in Q3-2023...2023 consolidated attributable silver production increased by over 55% totalling approximately 2.04M ounces compared with approximately 1.31 M ounces in 2022. Despite the strong production in Q4-2023, the Company was 7% below it's original silver guidance for the year. Additional silver production was expected from the Galena Complex at the end of the Q4-2023..."The Company had its strongest quarter of the year in Q4-2023 and delivered an impressive 56% increase in silver production year-over-year. Despite the Company falling just short of its guidance, I'm proud of how the operational teams performed given the 45 days lost in the calendar year from unforeseen issues that are now behind us." stated Americas President and CEO Darren Blasutti. "Not only is attributable silver production expected to grow significantly again in 2024, but the Galena Complex exploration program continues to generate impressive results which the Company is confident will yield near term mining targets. We are excited by the scale of some of the targets that could generate new production areas that can be exploited by bulk mining methods as well as areas of exceptional grade."
NOK

Hot Stocks

07:10 EST Nokia selected by DARPA to design communication framework for lunar economy - Nokia Bell Labs was selected to participate in the 10-Year Lunar Architecture program, a U.S. Defense Advanced Research Projects Agency's, DARPA, initiative that will design an integrated multi-service architecture to support a thriving economy on the Moon in the next decade and beyond. LunA-10 will design the essential infrastructure framework capable of supporting industrial activities, as well as scientific discovery. Nokia will collaborate with the 13 other companies specializing in areas critical to establishing an integrated commercial economy on the Moon, such as energy, transport and construction. For instance, Nokia Bell Labs will be responsible for recommending a reliable, high-performance communications infrastructure, and it will also work closely with other LunA-10 companies to ensure that infrastructure may be efficiently transported and built on the lunar surface. At the program's mid 2024 conclusion, LunA-10 will deliver a comprehensive blueprint for establishing the infrastructure necessary to support commercial operations on and around the lunar surface by 2035. Communications will be critical as virtually all use cases and applications require or benefit from high throughput, low latency, ultra-reliable and scalable communication capabilities.
UNCY

Hot Stocks

07:08 EST Unicycive Therapeutics issues letter to shareholders - Unicycive Therapeutics issued a letter to shareholders. "In this letter, I am pleased to recap for you another year of great accomplishments. We've made significant advancements in our clinical programs which will propel us to new heights in 2024. Addressing a Critical Need... Our lead program, Oxylanthanum Carbonate, or OLC, is a next-generation lanthanum-based phosphate binding agent utilizing proprietary nanoparticle technology with two key advantages. First, only three tablets are required per day. Second, the tablets are swallowed whole with water and not chewed, making it easier for patients to take.During 2023 we made significant progress with OLC under the FDA's 505(b)(2) regulatory pathway which allows us to reference the already approved drug, lanthanum carbonate to streamline our submission package. As reported in December 2022, OLC was evaluated in a previous bioequivalence study that measured efficacy in healthy volunteers in which OLC has found to be equivalent to the reference drug, Fosrenol... Strong Scientific Leadership with OLC. This year we continued to publish scientific data on OLC at national and international conferences. We presented five posters on OLC at conferences including at the National Kidney Foundation, International Society of Nephrology and European Renal Association... Increasing Market Awareness. A top priority for us in 2023 was growing market awareness of OLC's potential best-in-class product profile. We conducted live and virtual advisory board meetings with some of the country's most influential nephrologists... We are encouraged by the overwhelmingly positive reception to the OLC story and are planning continued market-shaping activities for 2024. Portfolio Expansion. In addition to OLC, we continue to advance our second compound UNI-494 for the treatment of acute kidney injury and chronic kidney disease... UNI-494 is protected by issued patents in the U.S. and Europe and a wide range of patent applications worldwide...We believe 2024 will be a transformational year for Unicycive. We will report out our pivotal data for OLC next quarter and plan to complete our data package and submit an NDA mid-year. We continue to work closely with the medical community to publish data on our programs and plan for future commercialization of OLC. "
JOBY

Hot Stocks

07:08 EST Joby Aviation to install first electric air taxi charger in New York City region - Joby Aviation announced it has signed a definitive agreement with Helo Holdings, or HHI, to install the first air taxi charger in the greater New York City region at the company's heliport in Kearny, New Jersey, located just a two minute flight from Manhattan. The agreement, which provides Joby with an operational base for its electric air taxi in the NYC region, builds on the partnership already established between Joby and HHI in November 2023, when Kearny served as a temporary home base for Joby's aircraft. Joby completed several flights at Kearny in preparation for the company's exhibition flight in New York City at an event hosted by the New York City Economic Development Corporation and Mayor Eric Adams. The city has committed to electrify the Downtown Manhattan Heliport to enable electric air taxi operations. First opened in 2011, the Kearny heliport is the largest vertical-lift facility on the east coast with 27 parking spots for helicopters and plans to expand to 32. The heliport provides ground services as well as hangar space for maintenance operations to helicopter operators in the NYC region. As part of the agreement, HHI will upgrade its electrical infrastructure to support the installation of Joby's Global Electric Aviation Charging System, or GEACS, designed to support the safe and efficient operation of all electric aircraft under development, including Joby's quiet, emissions-free air taxi.
VZ

Hot Stocks

07:07 EST Verizon reports Q4 wireless retail postpaid phone net additions of 449,000 - Total wireless service revenue of $19.4 billion, a 3.2 percent increase year over year. Retail postpaid phone net additions of 449,000, and retail postpaid net additions of 1,460,000. Retail postpaid churn of 1.18 percent, and retail postpaid phone churn of 0.93 percent.
VZ

Hot Stocks

07:06 EST Verizon reports Q4 broadband net additions of 413,000 - Total broadband net additions of 413,000, represented the fifth consecutive quarter that Verizon reported more than 400,000 broadband net additions. Total broadband net additions included 375,000 fixed wireless net additions, bringing the subscriber base to over 3 million. In fourth-quarter 2023, more than 80 percent of Consumer fixed wireless gross additions were in Verizon's first 76 C-Band markets. Verizon is ahead of schedule to achieve its goal of 4 to 5 million subscribers by the end of 2025. 55,000 Fios Internet net additions, down 4,000 from the fourth-quarter 2022. 10.7 million total broadband subscribers as of the end of fourth-quarter 2023.
STAA

Hot Stocks

07:05 EST Staar Surgical announces strategic pact in U.S. with SharpeVision, no terms - STAAR Surgical announced a strategic agreement to provide EVO ICL lenses as a first choice for patients seeking visual freedom from contact lenses and glasses. Dr. Matthew Sharpe, SharpeVision STAAR Surgical and SharpeVision will collaborate on marketing and education activities to elevate awareness of EVO ICL and significantly increase availability of the lenses to all qualified patients in SharpeVision clinics. STAAR Surgical will also provide additional practice development and clinical support. The initial stage of the collaboration includes a target purchase amount of 1,000 ICL units annually, which represents approximately 25% of the group's refractive procedure volume..."We are pleased to announce SharpeVision as a new partner under our U.S. Highway 93 go-to-market program initiated in October 2023. Dr. Sharpe is a leading refractive surgeon known for his LASIK clinics who sees the advantage of EVO ICL over laser-based vision correction for his patients and practice alike," said Tom Frinzi, President and CEO of STAAR Surgical. "Our collaboration will further increase awareness of the patient and practice benefits of EVO ICL, which provides exceptional vision day and night and does not cause dry eye syndrome."
VZ

Hot Stocks

07:05 EST Verizon CEO says 'well-positioned' for growth in 2024 - "After delivering continuous improvement throughout 2023, we ended the year strong and continue to pursue the right balance of growth and profitability," said Verizon Chairman and CEO Hans Vestberg. "2023 was a year of change. We have the right assets and the best team in place and are well-positioned for growth in 2024."
AUTL

Hot Stocks

07:03 EST Autolus Therapeutics announces publication in ACS Chemical Biology - Autolus Therapeutics announced a publication in ACS Chemical Biology1 entitled: 'Designer small molecule control system based on Minocycline induced disruption of protein-protein interaction.' Cell-based therapies have become increasingly complex and are being used to treat a wide range of diseases such as cancer and autoimmunity. However, cell therapies have the capacity to engraft and function autonomously, making it challenging to modulate potency or toxicity by adjusting administration or dosage. Jha et al. describe a compact small molecule control system, called minoDab, using minimally immunogenic protein domains and the antibiotic minocycline as an inducer. Minocycline is in widespread clinical use, is safe and is highly bioavailable. This system is compact and versatile allowing development of a wide range of applications including OFF-switch CAR systems, controlled secretion of cellular payload such as cytokines, and customized synthetic cell-cell communication systems. "Cellular therapy of cancer, especially of solid tumours, can be challenging due to off tumor activity and immunotoxicity," said Dr Martin Pule, Chief Scientific Officer, Founder of Autolus and senior author. "This control system is very practical from a clinical perspective since it uses Minocycline for control. Such systems should improve the efficacy and safety of cellular therapies and accelerate clinical development."
THO

Hot Stocks

07:01 EST Thor Industries appoints Michele McDermott as Chief Human Resources Officer - Thor Industries appointed Michele McDermott as Chief Human Resources Officer, or CHRO. McDermott most recently served as Executive Vice President and CHRO of Hub Group. Her previous leadership roles include positions of increasing responsibility at Assurance, National Express Group and United Service Companies.
LAD

Hot Stocks

07:01 EST Lithia & Driveway names Adam Chamberlain as Chief Customer Officer - Lithia & Driveway has promoted Adam Chamberlain to Chief Customer Officer. Prior to Lithia & Driveway, the Atlanta-based automotive executive held the role of President at Aston Martin NA after spending over five years as Vice President of Sales and Products for Mercedes Benz USA, where he excelled in leading diverse teams to deliver great customer-oriented business results.
RTX

Hot Stocks

07:01 EST RTX cuts FY25 adjusted annual sales view to up 5.5%-6% from 6%-7% - Cuts FY25 adjusted segment margin expansion view to 500-550 basis points from 550-650 basis points. Backs FY25 free cash flow view $7.5B. Backs FY25 capital return view $36B-$37B.
PG

Hot Stocks

06:59 EST Procter & Gamble reports Q2 gross margin up 520 bps y/y - Gross margin for the quarter increased 520 basis points versus the prior year, 590 basis points on a currency-neutral basis. The increase was driven by benefits of 240 basis points from gross productivity savings, 200 basis points of favorable commodity costs and 190 basis points from increased pricing. These were partially offset by 40 basis points of product reinvestments and other impacts.
PG

Hot Stocks

06:58 EST Procter & Gamble expects to repurchase $5B-$6B of common shares in FY24 - P&G continues to expect adjusted free cash flow productivity of 90% and expects to pay more than $9 billion in dividends and to repurchase $5 to $6 billion of common shares in fiscal 2024. P&G expects a core effective tax rate of approximately 21% in fiscal 2024. Capital spending is estimated to be approximately 4% of fiscal 2024 net sales.
TKO

Hot Stocks

06:55 EST TKO Group appoints Dwayne Johnson, Brad Keywell to board of directors - TKO Group has appointed Dwayne Johnson to its board of directors, effective today. Johnson "brings decades of experience in live entertainment and sports to the Board. Through his expansive business portfolio, which includes Seven Bucks Productions, Teremana Tequila, ZOA Energy, Project Rock, and the recently combined spring football league, the United Football League," the company stated. Ariel Emanuel, CEO, TKO, said: "I am thrilled to partner with Dwayne and welcome his immense talent to TKO's Board. Dwayne brings an incredible track record of creating content and building globally recognized consumer brands, and he will play a key role in realizing our ambitions for TKO." WWE has also entered into a services and merchandising agreement with Johnson that provides for his promotional, licensing, and other services, and an intellectual property assignment agreement pursuant to which Johnson has secured ownership of the trademarked name, "The Rock". The addition of Johnson, as well as today's appointment of Brad Keywell to TKO's Board of Directors, will increase TKO's board from 11 to 13 members. "Keywell, an accomplished entrepreneur with deep expertise in technology and artificial intelligence, brings significant experience in innovation and industry disruption to the Board. He has co-founded and led multiple companies, including Groupon, Echo Global Logistics, MediaOcean, and Uptake Technologies, where he is currently Founder and Executive Chairman," the company added.
BDX

Hot Stocks

06:54 EST Becton Dickinson announces collaboration agreement with Hamilton - Becton Dickinson announced a collaboration agreement with Hamilton, a global manufacturer of laboratory automation technology, to develop automated applications together with robotics-compatible reagent kits to enable greater standardization and reduced human error when conducting large-scale single-cell multiomics experiments. As a result of the collaboration, BD aims to deliver a suite of BD Rhapsody Single-Cell Analysis Library Preparation Reagent Kits that can be performed on the Hamilton Microlab NGS STAR robotic liquid-handling platform. The combination will automate steps, including pipetting and thermal cycling, to produce DNA samples or "libraries" that are ready for genetic sequencing.
WRK

Hot Stocks

06:53 EST WestRock to build new corrugated box plant in Wisconsin - WestRock announced plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, to meet demand from customers in the Great Lakes region. The company intends to close its existing plant in North Chicago when construction of the new facility is completed. Construction is estimated to cost approximately $140M and is expected to be partially offset by property sales. The new facility is expected to support reduced manufacturing costs and waste, improving WestRock's overall manufacturing cost profile; improve sustainability through reduced energy consumption and new technology; enhance digital capabilities and provide real-time data to improve decision making and reduce unplanned downtime; and serve all key end markets in the Great Lakes region, which include retail, distribution, processed food, industrial, and protein businesses among others. Construction will begin in 2024 and is expected to be completed in 2025.
ANIP

Hot Stocks

06:51 EST ANI Pharmaceuticals launches Pentoxifylline ER Tablets, USP 400mg - ANI Pharmaceuticals announced the launch of Pentoxifylline Extended-Release Tablets, USP 400mg. ANI's Pentoxifylline ER Tablets are the generic version of the Reference Listed Drug Trental. The current annual U.S. market for Pentoxifylline ER Tablets is approximately $19.7M, according to latest estimates from IQVIA/IMS Health, a leading healthcare data and analytics provider.
AUMN

Hot Stocks

06:50 EST Golden Minerals starts operations at Velardena Silver-Gold Properties - Golden Minerals Company is pleased to announce that on December 18, 2023, it began silver-gold mining operations at its Velardena Properties, located in Durango State, Mexico. The company has begun mining in six stopes and is steadily ramping up daily production to reach a rate of approximately 150 tonnes per day in March, and ultimately a full production rate of approximately 325 tpd in the second quarter. The restart of mining operations follows the company's announcement in November 2023 that it had also begun producing gold-rich pyrite flotation concentrates from Velardena. The concentrates come from material that has been stockpiled at the Velardena Properties since the fourth quarter of 2015, when the mines were last operational. At that point, mining activities were suspended when a combination of low metals prices, mining dilution and metallurgical challenges rendered operations unprofitable. The company elected to preserve the asset for future use, and since that time has evaluated a number of mining methods and processing alternatives that could enable sustainable profitable operations. The December 2023 restart of mining represents the culmination of that work. The company anticipates continuing to produce the pyrite concentrates until such time that mine production can sustain continuous operation of the flotation plant to produce the three concentrates, lead-silver, zinc, and pyrite-gold from newly mined material.
TH

Hot Stocks

06:49 EST Target Hospitality promotes Jason Vlacich to CFO - Target Hospitality announced that Jason Vlacich, the company's chief accounting officer, has been promoted to the expanded role of CFO. Additionally, Troy Schrenk has been promoted to the expanded role of senior executive VP of operations in addition to his position of chief commercial officer. Both promotions are effective as of January 23. Schrenk will lead the company's business and commercial operations, construction, business development, and government relations. Vlacich will lead the finance, accounting, treasury, tax, IT business applications and investor relations functions. Vlacich succeeds Eric Kalamaras, who has departed from the company to pursue other interests. The company expects a CFO transition given the finance and accounting teams remain intact and given the long history of lacich leading the accounting and financial reporting efforts for the past six years.
HAL

Hot Stocks

06:47 EST Halliburton reports Q4 cash flow from operations $1.4B; free cash flow $1.1B
HAL

Hot Stocks

06:46 EST Halliburton raises quarterly dividend to 17c from 16c per share - The dividend is payable on March 27 to shareholders of record as of the close of business on March 6.
VTNR

Hot Stocks

06:45 EST Vertex Energy provides Q4 operational update - Vertex Energy provided an update to its financial and operational outlook for 4Q23. Reported throughput volumes at the company's Mobile, Alabama Refinery for 4Q23 are expected to be approximately 67K barrels per day, just below management's previous guidance. The slight reduction reflects a combined impact of a strategic curtailment in throughput in light of deteriorating market conditions during the quarter as well as the previously disclosed downtime to proactively replace an electrical transformer. The expected yield of finished conventional fuel products such as gasoline, diesel, and jet fuel is expected to be 65%-67%, in line with the previously forecasted range of 64%-68%. This reflects the ongoing benefit of the yield optimization efforts introduced in 2Q23. Operating expenses per barrel for 4Q23 are expected to total $3.75-$3.95 per barrel, a 5.5% improvement vs. prior expectations at the mid-point. Capex is expected to be $8M-$10M, 48.6% below expectations at the midpoint. Reported renewable diesel production for 4Q23 is expected to be 3,900 bpd, just under the forecasted range of 4,000-6,000 bpd. The yield on renewable throughput volumes is expected to be approximately 96%, slightly below the previously anticipated range of 97%-98%. The company expected to receive LCFS credits in 4Q23 for its renewable diesel production volumes produced in Q3 and Q4 of 2023. The initial LCFS credits reflect a temporary carbon intensity score and amounted to $9.5M in the period. Upon receiving its provisional CI score, sometime in Q1 or Q2 of 2024, Vertex anticipates the per-barrel LCFS credits to improve materially over temporary CI values.
FSR

Hot Stocks

06:40 EST Fisker provides business update - Fisker provided an update on recent business activities. With the recently announced Dealership Partner model, over 100 dealers in the United States, Canada, and Europe have expressed interest in becoming a Fisker Dealer partner. The company will host a dealer event at its headquarters the week of January 29. Fisker expects to sell all its remaining 2023 vehicles before the end of Q1. Fisker expects the first Oceans to be available in dealer showrooms in February. The company anticipates that dealers will be able to purchase vehicles for their inventory shortly after finalizing the partner agreements. Initial dealer agreements will likely cover California, Illinois, New York, New Jersey, Massachusetts, Florida, Maryland, and Canada. Fisker expects that the Dealer Partnership model will enhance its ability to turn new vehicles into cash by reducing the time vehicles are retained on its balance sheet. The carrying value of completed vehicles in Fisker's inventory at the end of 2023 was approximately $290M. Fisker expects to sell the balance of 2023 vehicle inventory before end of the quarter, releasing almost $290M on the balance sheet that can be used for working capital. In addition, Fisker has approximately $260M. On January 21, Fisker entered into a second amendment and waiver agreement with the holder of its 2025 senior convertible notes. Pursuant to this waiver, among other items, the company no longer is required to maintain a minimum cash balance. The company's overall debt level has been reduced. As of January 19, 2024, the principal balance outstanding on the 2025 notes has been reduced by approximately $185.5M to $324.5M. Fisker added executives across departments including finance, accounting, marketing, and sales.
IREN

Hot Stocks

06:39 EST Iris Energy announces 10 EH/s expansion update - Iris Energy provided an update on its near-term expansion to 10 EH/s, as part of a pathway to 20 EH/s. 10 EH/s expansion - H1 2024: The company is pleased to advise that it has commenced installation of miners for its expansion to 10 EH/s, with operating hashrate increased to 6 EH/s. The remaining 4 EH/s is expected to be commissioned in H1 2024. 20 EH/s pathway - H2 2024: As previously announced, the company has also secured a pathway to 20 EH/s in 2024, following a purchase and fixed price option agreement for an additional 10 EH/s of Bitmain T21 miners.
DHI

Hot Stocks

06:33 EST D.R. Horton reports Q1 homes closed up 12% - In Q1: Homes closed increased 12% to 19,340 homes and 8% in value to $7.3 billion; Net sales orders increased 35% to 18,069 homes and 38% in value to $6.8 billion; Rental operations pre-tax income of $31.3 million on $195.3 million of revenues from sales of 379 single-family rental homes and 300 multi-family rental units.
PSN

Hot Stocks

06:27 EST Parsons included on $200M GSA construction management contract - Parsons was named on a multiple award task order contract by the U.S. General Services Administration - GSA - Public Building Service. The estimated $200M Blanket Purchase Agreement for program management and construction management services is new work for the company and has a five-year ordering period. Under the contract, Parsons will compete for task orders to provide pre-planning, construction management and commissioning services, among many others, to GSA for building renovations and new construction projects.
GE

Hot Stocks

06:25 EST GE sees spinoff of GE Aerospace, GE Vernova in early April
JNJ

Hot Stocks

06:18 EST Johnson & Johnson announces opioid settlement agreement with State of Washington - Johnson & Johnson and its U.S.-based Janssen Pharmaceutical Companies announced a settlement agreement with the State of Washington and its participating subdivisions resolving their opioid-related claims against the company. "With this agreement, the company has now resolved all pending opioid litigation by the State and its subdivisions, as well as all litigation brought by the U.S. state Attorneys General. The $149.5M settlement will be drawn from the nationwide settlement announced in 2021 and will directly support local community efforts to seek meaningful progress in addressing the opioid crisis in Washington state. This settlement is not an admission of liability or wrongdoing and marks continued progress in resolving opioid-related claims and litigation by states, cities, counties, and other subdivisions in the United States. The company will continue to defend against any litigation that the final agreement does not resolve," the company stated. Reference Link
AHH

Hot Stocks

06:05 EST Armada Hoffler announces interest in office space at The Interlock - Armada Hoffler announced that since the termination of the WeWork lease at The Interlock on December 31, 2023, the company has been able to retain one of the largest single tenants in the space and has LOIs signed or pending on the majority of the remaining space.
BEEM

Hot Stocks

06:02 EST Beam Global receives $4.8M order from U.S. Department of Homeland Security - Beam Global announced that the U.S. Department of Homeland Security has ordered 47 Beam EV ARC sustainable off-grid charging systems and 16 ARC Mobility trailers to enable efficient transportation of the products. The EV ARC systems will be deployed to the Federal Emergency Management Agency, Customs Border Patrol, Coast Guard, Federal Law Enforcement Training Centers and Secret Service.
DLTH

Hot Stocks

05:50 EST Duluth Holdings appoints Heena Agrawal as CFO - Duluth Holdings announced the appointment of Heena Agrawal as senior VP and CFO, effective February 12.
INBX SNY

Hot Stocks

05:31 EST Inhibrx to sell INBRX-101 to Sanofi in $2.2B transaction - Inhibrx (INBX) and Sanofi (SNY) announced that the companies have entered into a definitive agreement under which Aventis, a subsidiary of Sanofi, will acquire all the assets and liabilities associated with INBRX-101, an optimized, recombinant alpha-1 antitrypsin, or AAT, augmentation therapy currently in a registrational trial for the treatment of patients with alpha-1 antitrypsin deficiency, or AATD. Immediately prior to the closing of the merger, all non-101 assets and liabilities, including INBRX-105, INBRX-106, INBRX-109, Inhibrx's non-101 discovery pipeline and its corporate infrastructure, will be spun out from the company into a new publicly traded company, Inhibrx Biosciences. Under the terms of the agreement, Sanofi will acquire all outstanding shares of Inhibrx through a merger, and in turn, each Inhibrx shareholder will receive: $30.00 per share in cash, one contingent value right per share, representing the right to receive a contingent payment of $5.00 in cash upon the achievement of a regulatory milestone and one SEC-registered, publicly listed, share of New Inhibrx per every four shares of Inhibrx common stock held. In addition, in connection with the transaction, Sanofi will assume and retire Inhibrx's outstanding third party debt and cause New Inhibrx to be funded with $200M in cash and will retain an equity interest in New Inhibrx of 8%. The boards of directors of both Inhibrx and Sanofi have unanimously approved the transaction. Combined, the upfront cash portion of the consideration, the potential contingent value payment, if achieved, and the assumption of Inhibrx's debt, implies an aggregate transaction value of approximately $2.2B. Additionally, Inhibrx shareholders will own 92% of New Inhibrx capitalized with $200M in cash. Following the closing, New Inhibrx will continue to operate under the "Inhibrx" name and will be led by Mark Lappe as chairman and CEO, as well as the other members of the current management team of Inhibrx. New Inhibrx will continue to own Inhibrx's other clinical therapeutic candidates, INBRX-105, INBRX-106, and INBRX-109, as well as its non-101 discovery pipeline and certain corporate infrastructure owned by Inhibrx. Sanofi expects to finance the transaction with available cash resources. Sanofi's acquisition of Inhibrx is subject to the completion of the New Inhibrx spin-off transaction and other customary closing conditions, including receipt of regulatory approvals and approval by Inhibrx's stockholders. Subject to the satisfaction or waiver of customary closing conditions, Sanofi and Inhibrx expect the transaction to close in the second quarter of 2024.
ERIC

Hot Stocks

05:26 EST Ericsson appoints Lars Sandstrom as CFO - Ericsson announced the appointment of Lars Sandstrom as its new CFO, senior VP, and head of group function finance. Sandstrom will replace Carl Mellander, whose departure Ericsson announced in April 2023. Sandstrom will join Ericsson on April 1 and will be based in Sweden. Lars Sandstrom is currently CFO and member of the executive team at Getinge.
ERIC

Hot Stocks

05:21 EST Ericsson says mobile network industry remains challenging - The company said, "The mobile network industry remains challenging. We expect the current market uncertainties to prevail into 2024 with a further decline of the RAN market outside China as our customers remain cautious and the investment pace is normalizing in India. The new US contract will start to ramp up in the second half of 2024. Underlying demand from growing data traffic and 5G only being in the early stages of build-out will require additional network investments. In our view, the current investment levels are unsustainably low for many operators. We are therefore confident that a market recovery should materialize. However, the timing of market recovery is ultimately in the hands of our customers. It is critical for us to lead in technology while focusing on operational efficiency, to ensure we are well positioned when the market recovers. Our strong IPR portfolio with over 60,000 patents gives us great opportunities to grow our licensing revenue, with a continued emphasis on ensuring that the full value is recognized in all contracts."
XPRO

Hot Stocks

05:10 EST Expro secures CCUS contract with Inpex - Expro has secured a new Carbon Capture Utilization and Storage, or CCUS, contract with Inpex Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan's first clean hydrogen production demonstration project. The Kashiwazaki Clean Hydrogen/Ammonia project is a key milestone in Japan's energy security journey to help produce clean energy from domestically sourced gas. This will be the country's first project to build an integrated hydrogen and ammonia value chain from production to usage.
J

Hot Stocks

05:07 EST Jacobs selected by NTA in Ireland as consultant to enhance mobility in Cork - Jacobs has been selected by the National Transport Authority, or NTA, in Ireland as consultant for the BusConnects Cork Sustainable Transport Corridors program, planned to connect communities and enhance mobility in Cork, Ireland's second largest city. Jacobs' scope of work includes preparation of the Environmental Impact Assessment Report and the Network and Information Security for each of the schemes' statutory planning advice services; the construction strategy; and the transport assessment which includes extensive modeling for design development. Jacobs will also support the preliminary business case preparation for the overall BusConnects Cork program. Jacobs has also been appointed as one of the Engineering Design Consultants, providing advisory support, and preparing the preliminary design report and the planning permission application to go to Ireland's independent statutory body, An Bord Pleanala. The BusConnects Cork program will provide better walking, cycling and bus infrastructure for 11 key access corridors in the Cork region, to transform the public transport network, enabling efficient, safe and sustainable mobility around the city and preparing for future demand. A range of enhancements are planned, including the creation of new bus routes and cycling lanes, improved bus frequencies, new bus stops and shelters and the transition to a zero-emission bus fleet.