Stockwinners Market Radar for January 24, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:18 EST Arista Networks CEO sells $8.56M in common stock - In a regulatory filing, Arista Networks disclosed that its CEO Jayshree Ullal sold 32.0K shares of common stock on January 22nd in a total transaction size of $8.56M.

20:06 EST Cathie Wood's ARK Investment bought 282.6K shares of Recursion Pharmaceuticals

19:50 EST Inovio trading halted, news pending

19:01 EST Boeing down 2% afterhours at $210.25 as FAA halts MAX production

18:51 EST First Bancshares raises quarterly dividend 4% to 25c per share - First Bancshares announced that its Board of Directors declared a cash dividend of 25c per share, a 4% increase over previous quarter, per share to be paid on its common stock on February 23, 2024 to shareholders of record as of the close of business on February 7, 2024.

18:15 EST IBM sees workforce rebalancing 'consistent with what played out in 2023'

18:05 EST Tesla CFO says intend to continue cost reduction efforts in 2024 - CFO Vaibhav Taneja says: "For 2024, our focus is to continue growing our output, continuing our cost reduction efforts and increasing investments in our future growth initiatives. Accordingly, we are currently expecting our capital expenditure for 2024 to be in excess of $10 billion" vs. $8.9B in 2023.

17:58 EST Tesla CEO says to continue to see strong growth in energy storage - Tesla CEO Elon Musk states: "The energy storage business delivered nearly 15 gigawatt hours of batteries in 2023 compared to 6.5 gigawatt hours the year before, so tremendous year-over-year growth, triple digits. And yes, I think we'll continue to see very strong growth in storage, as predicted. I said for many years that the storage business will grow much faster than the car business, and it is doing that." Comments taken from Q4 earnings conference call.

17:41 EST HP Enterprise shares fall after nation-state actor Midnight Blizzard hack - Shares of Hewlett Packard Enterprise are down approximately 1% or 16c per share to $15.60 per share after the company said it was hacked by group thought to be Midnight Blizzard. "On December 12, Hewlett Packard Enterprise Company was notified that a suspected nation-state actor, believed to be the threat actor Midnight Blizzard, the state-sponsored actor also known as Cozy Bear, had gained unauthorized access to HPE's cloud-based email environment," added the company in a release.

17:24 EST Salesforce Chairman Benioff sells over $4M in shares - Chairman of Salesforce Marc Benioff diclosed the sale of 15,000 shares of company stock at $277.96 per share on January 23 for a total transaction amount of $4,169,426.

17:17 EST Northeast Bank names Richard Cohen CFO - Northeast Bank announced the hiring of Richard Cohen, who will be appointed as Chief Financial Officer of the Bank, effective February 1, 2024. Cohen will succeed Chief Financial Officer Jean-Pierre Lapointe upon his departure from the Bank. Cohen joins the Bank directly from Grey Matter Thinking, a professional services business that has specialized in banking since 2008, where he was the founder and Chief Executive Officer. Prior to that, he was a Partner in KPMG's Financial Services Practice in Johannesburg and subsequently in London. Mr. Cohen holds two Bachelors' degrees and one Master's degree in Commerce, as well as a Postgraduate Diploma in Accounting. He is a qualified Chartered Accountant, and a CFA Charterholder. Northeast Bank President and Chief Executive Officer Rick Wayne said "Richard's impressive background and breadth of experience in the financial services industry will make him a great fit for Northeast Bank. We welcome him to our team and look forward to his contributions to the Bank."

17:15 EST GM to invest $1.4B in Brazil to deliver a new generation of ICE vehicles - General Motors announced today a R$7 B or $1.4B investment in its plants and operations in Brazil to deliver a new generation vehicle portfolio for customers in South America. The investment is primarily focused on production facility upgrades in Brazil to deliver a new generation of locally produced internal combustion engine ICE vehicles, as well as a portfolio of imported ICE and electric vehicles. GM Senior Vice President and President of GM International Shilpan Amin and GM South America President and Managing Director Santiago Chamorro made the announcement in Brasilia, Brazil, following a meeting with the President of the Republic of Brazil, Luiz Inacio Lula da Silva. "With our long history and investments for the future, Brazil is a critical market for our growing GM business," said Amin. Reference Link

17:06 EST ADT Inc. provides update on capital allocation strategy - ADT Inc. has authorized a $350M share repurchase program. As the company executes share repurchases, the Board will periodically review the remaining authorization as part of its capital allocation strategy. On December 29, 2023, the company repaid $500M of First Lien Senior Secured Notes due 2024, completing an overall 2023 reduction of ADT's total debt by approximately $2B. Following two corporate rating upgrades in 2023, the company improved borrowing costs and extended debt maturities and in 2024, will have $150M of maturities and amortization payments. The company remains focused on achieving its targeted net leverage ratio of less than 3.0x. On December 20, 2023, the company closed on a strategic bulk purchase of approximately 57,000 customer accounts for $89M cash with attractive returns. This portfolio of customers is concentrated in a few key geographies, all of which align with existing platforms, enabling strong economies of scale upon integration. This transaction was not included in prior cash flow guidance.

17:04 EST ADT Inc. increases quarterly cash dividend 57% to 5.5c per share - ADT Inc. has declared a quarterly cash dividend of 5.5c per share, payable on April 4 to shareholders of record at the close of business on March 14. The quarterly dividend represents a 57% increase over the previous quarterly dividend.

17:02 EST HPE was hacked by group thought to be Midnight Blizzard - On December 12, Hewlett Packard Enterprise Company was notified that a suspected nation-state actor, believed to be the threat actor Midnight Blizzard, the state-sponsored actor also known as Cozy Bear, had gained unauthorized access to HPE's cloud-based email environment. "The Company, with assistance from external cybersecurity experts, immediately activated our response process to investigate, contain, and remediate the incident, eradicating the activity. Based on our investigation, we now believe that the threat actor accessed and exfiltrated data beginning in May 2023 from a small percentage of HPE mailboxes belonging to individuals in our cybersecurity, go-to-market, business segments, and other functions. While our investigation of this incident and its scope remains ongoing, the Company now understands this incident is likely related to earlier activity by this threat actor, of which we were notified in June 2023, involving unauthorized access to and exfiltration of a limited number of SharePoint files as early as May 2023. Following the notice in June, we immediately investigated with the assistance of external cybersecurity experts and took containment and remediation measures intended to eradicate the activity. Upon undertaking such actions, we determined that such activity did not materially impact the Company. We have notified and are cooperating with law enforcement and are also assessing our regulatory notification obligations, and we will make notifications as appropriate based on our investigation findings. As of the date of this filing, the incident has not had a material impact on the Company's operations, and the Company has not determined the incident is reasonably likely to materially impact the Company's financial condition or results of operations," said the company in an 8K regulatory filing. Reference Link

16:56 EST GitLab CFO sells $5.29M in common stock - In a regulatory filing, GitLab disclosed that its CFO Brian Robins sold 75K shares of common stock on January 22nd in a total transaction size of $5.29M.

16:40 EST FS Bancorp announces 4% boost to dividend to 26c per share - "Utilizing the Bank's highly diversified balance sheet, our team achieved our goal of producing strong financial results in varying rate and economic environments," stated Joe Adams, CEO. "We are also pleased that our Board of Directors increased and approved our forty-fourth consecutive quarterly cash dividend. The quarterly dividend will be paid on February 22, 2024, to shareholders of record as of February 8, 2024," concluded Adams. "The integration of the seven retail branches acquired from Columbia State Bank in the first quarter of 2023, provided a framework for our balanced, focused growth throughout 2023," noted Matthew Mullet, CFO.

16:38 EST Ostin Technology receives noncompliance notification from Nasdaq - Ostin Technology announced that the company had received a written notification from the staff of the Listing Qualifications Department of Nasdaq, indicating that for the last 30 consecutive business days, the closing bid price for the company's ordinary shares was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rule 5550(a)(2).

16:31 EST Mativ announces organizational realignment, first wave 'driven by' layoffs - Mativ Holdings announced organizational realignment initiatives that will streamline organizational size and complexity, and leverage business-critical resources to enhance customer support. As a result of these initiatives, the Company expects to achieve an annualized run-rate of $20 million of overhead cost reduction in 2024 and an additional $20 million by the end of 2026, effectively reducing overhead costs by approximately 15% over that timeframe. The first wave of this initiative is primarily driven by workforce reductions and indexed toward senior levels of the organization. The second wave of savings will be unlocked by system integrations, further restructuring, and transactional efficiencies. The 2024 charges associated with these initiatives are estimated to be $15-$20 million, which are expected to be incurred predominantly in the first half of 2024. As part of the realignment, the Company will reorganize into two new segments starting in Q1 2024: Filtration & Advanced Materials, focused primarily on filtration and protective solutions end markets, and Sustainable & Adhesive Solutions, focused primarily on release liners, industrials, healthcare, and packaging and specialty papers end markets. Christoph Stenzel, Filtration President, has been promoted to Group President, Filtration & Advanced Materials, and Ryan Elwart will join Mativ as Group President, Sustainable & Adhesive Solutions, effective as of January 30, 2024. Mr. Elwart joins Mativ from Georgia-Pacific, where he spent the last 16 years in roles of increasing responsibility, most recently as Chief Customer Officer of Georgia-Pacific's Consumer Products division.

16:29 EST Afya announces medical seats increase in FIP Guanambi - Afya Limited announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education authorized the increase of 40 medical seats of Faculdades Integradas Padrao, in the city of Guanambi, located in the state of Bahia, which will result in an additional payment of R$49.6B. With the authorization, Afya reaches 100 medical seats on this campus, and 3,203 total approved seats.

16:21 EST United Rentals boosts quarterly dividend by 10% to $1.63 per share - United Rentals said its board is increasing the company's quarterly dividend by 10% and has declared a quarterly dividend of $1.63 per share, payable on February 28, to stockholders of record on February 14.

16:20 EST United Rentals announces 'enhanced capital allocation strategy' - United Rentals said its board "approved an enhanced capital allocation strategy that remains focused on balancing growth and returns." The company's new balance sheet strategy includes lowering its targeted full-cycle leverage range to 1.5x-2.5x from the range of 2.0x-3.0x adopted in 2019. The company's net leverage ratio was 1.6x as of December 31, 2023. Matthew Flannery, CEO of United Rentals, said, "After thorough evaluation over the last year, including cost-benefit analysis of the balance sheet strategy we introduced in 2019, we are very pleased to be introducing our updated strategy that we expect will serve both our company and our investors well. This change remains consistent with other actions we've taken to deploy our capital with a balanced approach to growing our business, while also improving our financial strength and flexibility with the ultimate goal of driving shareholder value."

16:19 EST Boise Cascade to invest additional $140M to support EWP growth strategy - Boise Cascade announced new investments in Alabama and Louisiana in support of its engineered wood products growth strategy. In Alabama, the company is adding I-joist production capabilities to its Thorsby EWP mill and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility. The Chapman investment adds to its important integration into the company's EWP growth plans. In addition, the Chapman plywood facility extended employment opportunities to approximately 50 of the 80 associates affected by the recently announced Chapman lumber operations curtailment. At its Oakdale, Louisiana facility, major projects planned include the upgrade and redesign of the log utilization center, a new veneer dryer and press, and modification of an existing veneer dryer. These investments are expected to take place over a two-year period. "We are looking forward to these major expansions and upgrades to further solidify our market position in EWP," said Chris Seymour, SVP, Wood Products Manufacturing Operations. "We have great teams in the southeastern U.S. and are pleased to further invest in our meaningful asset bases in Alabama and Louisiana." On a total company basis, the company's current estimate of capital expenditures for 2024 is $250M to $270M. This range includes the investments above and spending on the previously announced greenfield distribution centers in Hondo, Texas and Walterboro, South Carolina in our Building Materials Distribution segment.

16:17 EST IBM jumps 5% to $182.25 after Q4 results beat estimates

16:14 EST IBM CEO says grew revenue in all segments in Q4 - "In the fourth quarter, we grew revenue in all of our segments, driven by continued adoption of our hybrid cloud and AI offerings. Client demand for AI is accelerating and our book of business for watsonx and generative AI roughly doubled from the third to the fourth quarter," said Arvind Krishna, IBM chairman and CEO. "For the year, revenue growth was in line with our expectations, and we exceeded our free cash flow objective. Based on the strength of our portfolio and demonstrated track record of innovation, for 2024 we expect revenue performance in line with our mid-single digit model and about $12 billion in free cash flow."

16:13 EST ServiceNow sees Q1 subscription revenue growth 23.5%-24%

16:12 EST W. R. Berkley reports Q4 EPS $1.45, consensus $1.38 - Reports Q4 revenue $3.22B, consensus $3.21B. The Company commented: "Our Company completed another record-setting year in 2023, achieving a 23.6% annualized return on beginning equity in the fourth quarter. Our quarter and full year results were characterized by growth in net premiums written, along with record underwriting performance and net investment income. Book value per share grew 11.6% during the fourth quarter, before the return of $264 million of capital to shareholders through special and ordinary dividends and share repurchases. Growth in net premiums written accelerated to 12% in the fourth quarter, as we deployed capital in areas of the business that we expect to achieve or exceed our targeted risk-adjusted return on equity. In a market where lines of business increasingly move independently from each other, our decentralized structure provides us with a competitive advantage that allows us to better navigate risks and embrace opportunities. Net investment income from our fixed-maturity portfolio increased more than 50% during the quarter and 60% for the year as our portfolio grew and we (re)invested at higher interest rates. The current rates at which we can reinvest remains higher than our annual book yield, and record operating cash flow positions us well for future investment income growth. Our Company performed exceptionally well during 2023, and we anticipate 2024 will continue to be rewarding for our shareholders. We view the current property and casualty insurance and investment environments as favorable to our business model. We are confident that we will continue to deliver superior long-term risk-adjusted returns and increase value to shareholders in 2024 and beyond."

16:11 EST Tesla down 3% after Q4 earnings miss - Tesla shares are down $6.85, or 3%, to $200.98 in after-hours following the company's Q4 report and ahead of its associated earnings call.

16:09 EST Tesla sees Cybertruck production and deliveries to ramp throughout this year - Tesla said: While we continue to execute on innovations to reduce the cost of manufacturing and operations, over time, we expect our hardware-related profits to be accompanied by an acceleration of AI, software and fleet-based profits. Cybertruck production and deliveries will ramp throughout this year. In addition, we continue to make progress on our next generation platform."

16:07 EST Las Vegas Sands CEO 'extremely pleased' with Q4 results - "We were extremely pleased with our financial and operating results for the quarter, which reflect the ongoing improvement in the operating environment in both Macao and Singapore. We remain deeply enthusiastic about our opportunities for growth in both Macao and Singapore in the years ahead," said Robert G. Goldstein, chairman and chief executive officer. "In Macao, the ongoing recovery across all segments continued during the quarter. Our decades-long commitment to making investments that enhance the business and leisure tourism appeal of Macao and support its development as a world center of business and leisure tourism positions us well as the ongoing recovery in travel and tourism spend progresses. "In Singapore, Marina Bay Sands once again delivered outstanding levels of financial and operating performance. Our new suite product and elevated service offerings position us well as airlift capacity continues to improve and the recovery in travel and tourism spending from China and the wider region continues to advance. "We are fortunate that our financial strength supports our ongoing investment and capital expenditure programs in both Macao and Singapore, our pursuit of growth opportunities in new markets, and the return of capital to stockholders. "We repurchased $505 million LVS shares under our share repurchase program during the quarter. We look forward to utilizing our share repurchase program to return excess capital to stockholders in the future. In addition, we entered into an agreement during the quarter to purchase approximately $250 million of Sands China stock, which, upon settlement of the agreement, is expected to increase our ownership interest in Sands China."

16:05 EST F&M Bank announces retirements of Rex Rice Chiel Lending Officer and CAO Rupp - F&M Bank announced the retirements of Rex Rice, EVP & Chief Lending Officer and Benet Rupp, EVP & Chief Administrative Officer. Rice will remain in his role until March 1 Rupp will remain in her role until March 22, 2024. F&M also announced several promotions as part of the Company's established succession plan. Lars Eller, President and CEO, stated, "On behalf of everyone at F&M, we want to thank Rex and Benet for their years of dedication and service. Rex began with the bank in 1981 and has served in a variety of leadership capacities. He has been an integral part of F&M's success over the past 43 years, where we have seen our lending portfolio grow to over $2.5 billion. Rex has been a trusted advisor and invaluable partner, and I wish him all the best in his well-deserved retirement. Benet joined F&M in 2019 and has been an instrumental member of our executive team over the past five years. Under Benet's leadership we have continuously improved significant functions within the bank including human resources, operations, and strategic planning. I'd like to thank Benet for being a catalyst for change within the organization and I wish her all the best in her retirement."

16:01 EST Inogen names Michael Bourque CFO - Inogen announced the appointment of Michael Bourque as Chief Financial Officer, effective March 4, 2024. Mr. Bourque has served as Treasurer and Chief Financial Officer of Chase Corporation now owned by KKR & Co. Inc. He succeeds Interim Chief Financial Officer Mike Sergesketter, who will remain in an advisory role during the transition. Mr. Bourque has served as Chief Financial Officer and Treasurer of Chase Corporation since 2021. He also served as Chief Financial Officer of Keystone Dental, Senior Vice President, Chief Financial Officer and Treasurer of Analogic Corporation from 2014 to 2018 and as Vice President of Finance for Axcelis Technologies from 2011 to 2014. Bourque received a bachelor's degree in accounting from Bentley University. Kevin Smith, President and Chief Executive Officer of Inogen said, "I am incredibly excited to announce Michael as the new Chief Financial Officer of Inogen. His experience building best-in-class finance teams at Chase, Keystone and Analogic display what makes him uniquely qualified to help Inogen continue to deliver superior respiratory solutions to patients around the world." Mr. Smith continued, "I would also like to thank Mike Sergesketter for once again stepping into the role of CFO during our search. His experience and stewardship helped ensure a smooth transition during the beginning of my tenure and the previous six months. He's been a tremendous contributor and I wish him the best in his retirement."

15:13 EST J&J to pay $149.5M to Washington state over role in opioid epidemic - To avoid trial in Washington Attorney General Bob Ferguson's lawsuit, opioid manufacturer and raw material supplier Johnson & Johnson will pay $149.5M to Washington state over its role fueling the opioid epidemic. Today's resolution, filed in King County Superior Court, provides Washington and its local governments with tens of millions of dollars more to combat the fentanyl epidemic compared to the settlement that Ferguson rejected in 2021. Washington is one of three states receiving more than they would have under the 2021 multistate settlement. Today's $149.5M resolution will be paid in one lump sum this fiscal year. The settlement requires that $123.3M be used to combat the opioid epidemic, including the fentanyl crisis that is devastating Washington communities. Ferguson is directing 50% of these resources to local governments across the state to combat the epidemic in their communities. In contrast, the rejected settlement promised $98.9M for Washington and its local governments to address the epidemic, which would have been paid out over a nine year term. The Washington Attorney General's Office has recovered more than $1.2B for Washington to address the fentanyl and opioid crisis.

14:53 EST Brookline Bancorp Chief Operations Officer James Cosman to retire - Brookline Bancorp Co-President and Chief Operating Officer Michael McCurdy announced three key changes affecting leadership positions at Brookline Bancorp. After fifteen years as the company's Chief Operations Officer, James Cosman will retire effective April 1. Cosman will remain with the company on a part-time basis and work on special projects. Mona Macero, currently Senior Vice President, Managing Director of the Commercial Markets Payment Group at the company, will assume the role of Executive Vice President and Chief Digital Officer upon Cosman's retirement. Kelly Bressette, currently Director of Loan Operations, will become Executive Vice President, Director of Operations, overseeing Loan and Deposit Operations and Mortgage Underwriting. Bressette will report directly to McCurdy.

14:02 EST Mullen Automotive regains compliance with Nasdaq minimum bid price requirement - Mullen Automotive announces that it has received formal notice from The Nasdaq Stock Market LLC confirming the company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Mullen will continue to be listed and traded on The Nasdaq Capital Market.

13:50 EST North American rail traffic down 13.5% for the week ending January 20 - The Association of American Railroads or AAR, reported U.S. rail traffic for the week ending January 20. For this week, total U.S. weekly rail traffic was 397,553 carloads and intermodal units, down 13.2% compared with the same week last year. Total carloads for the week ending January 20 were 173,371 carloads, down 22.4% compared with the same week in 2023, while U.S. weekly intermodal volume was 224,182 containers and trailers, down 4.5% compared to 2023. None of the 10 carload commodity groups posted an increase compared with the same week in 2023. Commodity groups that posted decreases compared with the same week in 2023 included coal, down 21,055 carloads, to 47,731; nonmetallic minerals, down 11,953 carloads, to 18,628; and grain, down 5,246 carloads, to 15,752. North American rail volume for the week ending January 20, on 12 reporting U.S., Canadian and Mexican railroads totaled 265,838 carloads, down 20.3% compared with the same week last year, and 289,982 intermodal units, down 6.0% compared with last year. Total combined weekly rail traffic in North America was 555,820 carloads and intermodal units, down 13.5%. North American rail volume for the first three weeks of 2024 was 1,778,528 carloads and intermodal units, down 5.6% compared with 2023. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific Kansas City (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), , Trinity Industries (TRN), Greenbrier (GBX), FreightCar America (RAIL), Rail Vision (RVSN) and Wabtec (WAB). Reference Link

12:27 EST Harleysville Financial announces 3.3% increase of quarterly dividend to 31c - Harleysville Financial announced that the company's Board of Directors declared a regular quarterly cash dividend of 31c per share on the company's common stock. This represents an increase of 3.3% or 1c per share from the previous dividend. The cash dividend will be payable on February 21, 2024 to stockholders of record on February 7, 2024.

12:00 EST Bright Health rises 10.9% - Bright Health is up 10.9%, or $1.45 to $14.70.

12:00 EST Spirit Airlines falls -8.3% - Spirit Airlines is down -8.3%, or -67c to $7.46.

12:00 EST Annovis Bio falls -16.3% - Annovis Bio is down -16.3%, or -$1.90 to $9.74.

11:31 EST Accenture and Mujin announce joint venture around AI and robotics - Accenture and Mujin announce they have established Accenture Alpha Automation, a joint venture for the manufacturing and logistics industries. "Accenture Alpha Automation will help companies automate their management infrastructure with data-driven solutions that seamlessly combine data from manufacturing and logistics operations with management data. The joint venture is owned 70% by Accenture and 30% by Mujin... Accenture has also invested directly in Mujin through Accenture Ventures, marking its first Project Spotlight investment in Asia. Project Spotlight is an engagement and investment program focused on companies that create or apply disruptive enterprise technologies. The program offers extensive access to Accenture's domain expertise and its enterprise clients, helping technology companies adapt their solutions to the enterprise market and scale faster and more effectively," the companies stated.

11:02 EST Snowflake names Brad Burns as chief communications officer - Snowflake (SNOW) announced that Brad Burns is joining the company as Chief Communications Officer. In his new role, Burns will be responsible for Snowflake's communications strategy. Burns joins Snowflake from Salesforce (CRM) where he was Chief Communications Officer.

10:48 EST Greenwave Technology receives license from Ohio Bureau of Motor Services - Greenwave Technology Solutions announced that its wholly-owned subsidiary, Empire Metals, is now licensed to purchase end-of-life vehicle in the State of Ohio. Scrapping end-of-life vehicles is a core revenue and profit generator for Greenwave, contributing more than $5 million to the Company's top line in FY 2023. Greenwave's scrap car buying platform, ScrapApp.com, continues to rapidly scale in the Hampton Roads, VA and Cleveland, OH markets. The Company expects to expand Scrap App to additional strategic markets in February 2024 and believes Scrap App has the potential to scale significantly, with a competitor reportedly generating $159 million in annual revenue.

10:14 EST Freeport-McMoRan: Copper inventories at historically low levels

10:06 EST Freeport-McMoRan: Continues to be 'micro vs. macro' story - When macro outlook improves, Freeport-McMoRan says "watch out for copper price." Comments taken from Q4 earnings conference call.

10:01 EST Intel opens Fab 9 in New Mexico - Intel celebrated the opening of Fab 9, its cutting-edge factory in Rio Rancho, New Mexico. The milestone is part of Intel's previously announced $3.5B investment to equip its New Mexico operations for the manufacturing of advanced semiconductor packaging technologies, including Intel's breakthrough 3D packaging technology, Foveros, which offers flexible options for combining multiple chips that are optimized for power, performance and cost.

10:00 EST TAL Education rises 10.6% - TAL Education is up 10.6%, or $1.16 to $12.04.

10:00 EST BlackBerry falls -11.3% - BlackBerry is down -11.3%, or -40c to $3.15.

10:00 EST Annovis Bio falls -14.1% - Annovis Bio is down -14.1%, or -$1.64 to $10.00.

09:47 EST Allurion Technologies rises 12.0% - Allurion Technologies is up 12.0%, or 37c to $3.45.

09:47 EST United States Natural Gas Fund rises 311.3% - United States Natural Gas Fund is up 311.3%, or $15.66 to $20.69.

09:47 EST Annovis Bio falls -10.2% - Annovis Bio is down -10.2%, or -$1.19 to $10.46.

09:28 EST Foresight Autonomous says Rail Vision receives order up to $5M - Foresight Autonomous Holdings announced that its affiliate, Rail Vision has signed a supply contract with a leading US-based rail and leasing services company valued at up to $5 million for the purchase of Rail Vision's artificial intelligence-based Switch Yard Systems. Foresight owns 10.2% of Rail Vision's outstanding share capital.

09:25 EST MasterCard and The Clearing House extend multi-year partnership - Mastercard and The Clearing House have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments adoption on the RTP network. The partnership continues Mastercard's role as the exclusive instant payments software provider for TCH's RTP network, enabling both companies to integrate new instant payment use cases across a range of payment flows. Instant payments became a reality in the U.S. in 2017 when The Clearing House launched the RTP network, the first new payment rail in 40 years designed and powered by Mastercard. For consumers, RTP provides instant access and confidence that a payment is received, 24/7. For businesses, RTP enhances value by simplifying payments for customers, enabling faster wage disbursements, improving liquidity management, and optimizing capital workflows, and for governments, it helps activate local economies through disbursement and settlement.

09:20 EST 1847 Holdings secures $750,000 credit facility - 1847 Holdings has secured a $750,000 credit facility for its Wolo Manufacturing Corp. subsidiary. Wolo is a leading manufacturer and distributor of vehicle horns and safety products and offers vehicle emergency and safety warning lights for cars, trucks, industrial equipment and emergency vehicles.

09:18 EST Neptune Wellness to explore strategic alternatives for Sprout Organics - Neptune Wellness announced the appointment of Stifel Nicolaus Canada to act as exclusive financial advisor to the Company's organic baby food and toddler brand, Sprout Foods, providing financial advisory, investment banking services, and strategic advice regarding the review of divestiture alternatives related to Sprout Organics. The Company initially communicated plans for a spinoff of Sprout Organics, but due to changing circumstances, leadership is working with Stifel actively to assess alternative strategies. Under the terms of the collaboration, Sprout Organics, Neptune and Stifel will work to evaluate available strategic options to unlock and maximize shareholder value.

09:16 EST Abbott says investments in R&D paying off, pipeline strong - Comments taken from Q4 earnings conference call.

09:15 EST Ainos announces $1.75M follow-on funding - Ainos has placed an additional financing with Lind Global Fund II LP, an institutional investment fund managed by The Lind Partners. The funding amount is up to $1.75 million, with $875,000 funded at closing and $875,000 to be funded subject to effective registration statement and conditions specified in the agreement. The increased funding is in the form of amendment to a Senior Secured Convertible Promissory Note maturing on March 28, 2025, with extension option specified in the agreement. The Note will be convertible into Ainos' shares of common stock at an initial conversion price equal to $7.50 per share, reverse-split adjusted, and subject to adjustment as further specified in the Note. The Note will be repayable in cash upon maturity. Prior to maturity, the Investor can convert to common stock at conditions specified in the agreement. As part of the investment, the Investor was also granted five-year warrants equal to 75% of the funded amount at an initial exercise price equal to $2.16 per share of common stock, subject to adjustment. Maxim Group LLC is acting as the lead placement agent for the private placement. Brookline Capital Markets, a division of Arcadia Securities, LLC is acting as the co-placement agent for the private placement.

09:12 EST AIM ImmunoTech receives Erasmus MC Ethics Board authorization - AIM ImmunoTech has received authorization from the Erasmus Medical Center Ethics Committee to open a European site for the ongoing Phase 2 study ("AMP-270") of Ampligen as a therapy for locally advanced pancreatic cancer. AMP-270 is a randomized, open-label, controlled, parallel-arm clinical trial with the primary objective of comparing the efficacy of Ampligen versus a no treatment control group following FOLFIRINOX for subjects with locally advanced pancreatic adenocarcinoma. Secondary objectives include comparing safety and tolerability. AMP-270 is expected to enroll approximately 90 subjects in the United States and Europe.

09:09 EST Gevo provides business update - Gevo provided a business update. Gevo also expects to publish an updated corporate investor presentation to its website. RNG: Non-GAAP cash EBITDA of $7-16 million is expected in 2024, depending upon the timing of the approval of the permanent CARB Carbon Intensity pathway . Net-Zero 1 Development: Net-Zero 1 is in the diligence phase of the US Department of Energy Loan Guarantee Program to secure construction funding. The engineering for the project is substantially complete and is in the value engineering phase in preparation for finalizing the fully installed contracted price. Verity expects to announce its first revenue in 2024 and to pursue scalable customer growth in 2025. Based on a market and business analysis by a well known global consulting firm, the initial target market for Verity is estimated to be $1.5-3 billion in the United States. 2024 Expected Uses of Cash: Discretionary Project Development and Growth Uses of Cash: The company said, "We believe we have significant flexibility over the timing and amount of our discretionary growth spending related to our projects. The majority of Gevo's expected uses of cash in 2024 from discretionary growth spending is related to the development of growth projects, primarily driven by Net-Zero 1." Net-Zero 1 Project Development: Uses of cash are projected to be $125-175 million in 2024. NZ and Other Projects Development: Expected uses of cash of $20-60 million in 2024. Research & Development: Expected uses of cash of $10-12 million in 2024, which includes feasibility and scaleup of our ETO technology as well as improvements on isobutanol fermentation and other R&D

09:05 EST Stellantis announces acquisition of CloudMade's AI technologies, IP - Stellantis N.V. announced the acquisition of the artificial intelligence, AI, framework, machine learning models and intellectual property, IP, rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions. The acquisition - as an asset deal - will support the mid-term development of STLA SmartCockpit and reinforces Stellantis' software strategy outlined in Dare Forward 2030. "The acquisition of CloudMade's pioneering AI capabilities will accelerate our development journey on STLA SmartCockpit and help us deliver our Dare Forward 2030 goals," said Yves Bonnefont, Stellantis Chief Software Officer. "Thanks to this adaptable technology and leveraging our growing connected car parc, we will create intelligent mobility solutions faster and with more flexibility, to delight our customers with in-vehicle and mobile experience personalization."

09:04 EST Varonis extends data security posture management coverage to Snowflake - Varonis Systems (VRNS) announced it expanded its cloud-native platform with data security posture management for Snowflake (SNOW). The latest integration broadens Varonis' extensive coverage to continuously discover and classify critical data, remove exposures, and detect threats to customers' Snowflake data warehouses and databases. "Varonis is thrilled to extend our DSPM offering once again, this time into cloud data warehouses with our integration with Snowflake," said David Bass, Varonis Executive VP of Engineering and CTO. "At Varonis, we're constantly expanding our coverage to the critical data stores that matter most to our customers, so they can rest assured knowing that Varonis is watching and securing their data no matter where it lives across the cloud."

09:02 EST MoneyHero promotes Murthy to CBO, preannounces year-over-year growth - MoneyHero announced impressive unaudited, year-over-year growth milestones for Q4 2023, including: Approved Applications surged by over 80%, significantly outperforming competitors and driving strong revenue growth; Group revenue increased by more than 50% YoY from US$17.2m in Q4'22; and Singapore revenue, a key growth market for the Company, increased more than 100% YoY from US$6.3m in Q4'22. Additionally, MoneyHero has promoted Chief Product Officer Rohith Murthy to the role of Chief Business Officer, CBO. Rohith has been an integral part of the Company's leadership team for close to a decade, and during that time has demonstrated a proven track record of driving innovation and growth within the organization. In his new role as Chief Business Officer, Rohith will oversee product, technology, and marketing at MoneyHero, ensuring a seamless integration of these critical functions to further drive the Company's success.

09:02 EST FICO announces new $500M stock repurchase program - FICO announced that its board of directors has approved a stock repurchase program to acquire up to $500M of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from October 2022 until adoption of the new program in January. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.

08:59 EST SJI appoints Barbara Romano as CIO - SJI announced that Barbara Romano has been promoted to chief information officer, replacing Leonard Brinson Jr., who is retiring at the end of the month. Romano, who previously served as SJI's vice present for technology and operations, becomes the first woman to take on the CIO role at the utility holding company that provides natural gas to more than 725,000 customers in New Jersey. In her new role, Romano will provide strategic guidance, leadership, and direct oversight at the corporate level for all technology and business information system initiatives for SJI and its subsidiaries. Romano will also be responsible for advancing and sustaining the corporate infrastructure and network for new technology initiatives, ensuring the performance, integrity, and security of SJI's technology platforms.

08:57 EST Arhaus unveils Spring 2024 Collection - Arhaus debuts its Spring 2024 Collection, 'A Story Unfolding.' Presenting luxurious Italian upholstery introductions and collection expansions, a relaunch of its bedding assortment, and a celebration of materials, time-honored techniques, and artisan roots, 'A Story Unfolding' treasures the memories of home while inspiring those to come. The complete Spring 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.

08:50 EST Altamira Therapeutics files second provisional patent application for OligoPhore - Altamira Therapeutics has filed a second provisional patent application with the United States Patent and Trade Office to provide broad coverage of different KRAS mutations in human cancer treatment with nanoparticles comprising the Company's OligoPhore platform and a single siRNA sequence, polyKRASmut. The nanoparticles are developed by Altamira as AM-401. The second provisional application contains in vitro data confirming the ability of polyKRASmut siRNA to knock down a broad range of KRAS mutations in cancer cell lines. These mutations include G12C, G12V, G12D, G12R, G12A, and A146T, which account for 90.9% of KRAS mutations reported in pancreatic ductal adenocarcinoma, 65.3% in colorectal cancer and 80.0% in non-small cell lung cancer. In comparison, currently approved small molecule inhibitors target just one KRAS mutation, which represents 1.7%, 7.1% and 41.0% of total KRAS mutations in PDAC, CRC and NSCLC, respectively. Since polyKRASmut was tested against only a limited number of mutations, it may potentially knock down other, yet untested mutations. Altamira expects the second provisional patent application to further strengthen its intellectual property around the AM-401 program, under which the Company is aiming to develop a treatment for KRAS-driven cancers. Previous in vitro and in vivo work demonstrated efficient uptake of OligoPhore nanoparticles with KRAS-targeted siRNA in CRC and PDAC cells, strong inhibition of KRAS expression, reduced viability of tumor cells, and significant reduction in tumor growth and volume.2 Importantly, a murine model demonstrated the capacity of the OligoPhore platform to drive targeted delivery of the nanoparticles specifically to tumor cells. Altamira intends to file for an Investigational New Drug application with the FDA in 2025 and to partner the program upon an IND grant or following a phase 1 clinical trial.

08:43 EST A2Z Smart Technologies secures purchase order for 500 smart carts - A2Z Smart Technologies announced that, subsequent to the approval on January 23, 2024, of its board of directors, Cust2mate Ltd. has entered into an initial purchase order for 500 smart carts to be deployed in one of the largest retail chains in Belgium, with the smart carts expected to be deployed by the end of 2024. The purchase agreement includes an upfront fee, guaranteed monthly payments, and a revenue-sharing model for the value-added services provided by A2Z's Cust2mate Smart Cart technology.

08:39 EST Newmont appoints Peter Wexler as Chief Legal Officer - Newmont Corporation announced the appointment of Peter Wexler as Chief Legal Officer. Peter will join Newmont's Executive Leadership Team and be responsible for leading the company's legal, compliance and regulatory affairs globally. "Peter's appointment further strengthens Newmont's Executive Leadership Team," said Tom Palmer, Newmont President and CEO. "Peter brings decades of world-class legal and risk management experience at global organizations, which will be invaluable as Newmont continues to grow, building on its position as the world's leading gold mining company and robust copper producer. We are excited to welcome him to Newmont

08:38 EST Immix Biopharma 'applauds' FDA labeling change notification for CAR-T products - Immix Biopharma announced a statement on January 2024, FDA labeling change notifications for approved CAR-T products: "We applaud FDA's vigilance. Relapsed/refractory AL Amyloidosis remains an unmet medical need with limited treatment options. We believe that Immix Biopharma's CAR-T candidates, with demonstrated 'Single-Day CRS' and a marked lack of neurotoxicity in our ongoing Phase 1b/2 clinical trial, will continue to exhibit a favorable tolerability profile moving forward. In our interim clinical data to date, we have not observed any secondary T-cell malignancies," said Ilya Rachman, MD, PhD, Immix Biopharma Chief Executive Officer. Gabriel Morris, Chief Financial Officer of Immix Biopharma, added, "We believe NXC-201 will be uniquely suited to treat AL Amyloidosis and other autoimmune indications, given our interim clinical data in 73 patients to-date."

08:36 EST ReShape conducts bariatric surgical fellows training for Lap-Band system - ReShape Lifesciences announced that bariatric surgical fellows from the University of Texas Health Center in Houston, Texas were trained on Friday, January 19th, on the Lap-Band System and also received an introduction to the Company's new Lap-Band 2.0 FLEX. The training was hosted by Erik B. Wilson, M.D., Professor of Surgery at McGovern Medical School at the University of Texas Health Science Center, Houston, TX, Director of the UT Physicians Minimally Invasive Surgeons of Texas, and was co-led by Christine Ren-Fielding, M.D., Professor of Surgery at NYU Grossman School of Medicine, Director of the NYU Langone Weight Management Program and Chief of the Division of Bariatric Surgery. "Training surgical fellows on our Lap-Band System provided ReShape the opportunity to introduce the next generation of bariatric surgeons to our FDA approved, minimally invasive, long-term treatment for obesity," stated Paul Hickey, President and Chief Executive Officer of ReShape Lifesciences. "I am particularly excited that we were also able to introduce our recently approved Lap-Band 2.0 FLEX, designed to improve the patient experience, as the future of the Lap-Band(R) is inextricably tied to its continued adoption by surgeons. Similar to our existing Lap-Band, the Lap-Band 2.0 FLEX technology acts as a relief valve, allowing larger pieces of food to more easily pass through the narrowed passage, created by the band. We continue to believe that the Lap-Band System offers the safest, enduring weight loss solution for patients who have historically struggled with managing their weight and are committed to expanding its visibility in the bariatric market."

08:35 EST Genius Group, FatBrain AI enter definitive merger agreement - Genius (GNS) and FatBrain AI (LZGI) signed a definitive merger agreement to power ecosystems of tomorrow for entrepreneurs, enterprises, governments and students through AI education and enablement. The to be combined businesses are preliminarily estimated to have achieved approximately $80 million of gross revenue in 2023, up over 100% year-on-year. Genius Group and FatBrain AI together enable an exponential growth cycle with AI edtech platform supporting over a five million student and a fifteen thousand partner marketplace joining peer intelligence and AI solutions across energy, finance, logistics, manufacture, retail, tech and telco sectors delivered to SMEs, enterprises and government institutions. Our full end-to-end AI Education and Acceleration ecosystem, has four global revenue drivers focused at B2S, B2C, B2B and B2G: B2B - For Students: Government and company funded AI camps and accelerators together with a scholarship fund for young students at high school and university level to learn future-focused skills, both virtual and in-person, personalized with their Genie AI. The Genius Curriculum progress through to full undergraduate and masters degree programs integrating with personalized gamified and Genius Metaversity, with AI-driven learning libraries shared across participating students and institutions. B2E - For Entrepreneurs: Full suite of upskilling courses in AI, exponential technologies and entrepreneurship, delivered by certified trainers and partners globally, ranging from AI Microschools to three-month in-house accelerators, linked with the Genius Scholarship to connect student apprentices with entrepreneurs and enterprises, and linked to FatBrain AI's SAAS solutions to share peer intelligence, industry trends and leaderboards. B2B - For Businesses: Enterprise portal and suite of upskilling courses for companies to upskill their workforce in AI, exponential technologies and entrepreneurship, delivered in-house, in-person and via the GeniusU Edtech platform, giving companies AI-powered insights into their workforce's personalized talent development progress and access to FatBrain AI's SAAS solutions to increase peer intelligence and productivity. B2G - For Governments: A full AI education ecosystem providing participating cities, regions and national governments with a full AI-driven, lifelong learning system for future-focused education and upskilling, with direct benefits in increased skills, competitiveness and shared intelligence within the rapidly changing Age of AI and Exponential Technologies. The merger has been approved by the boards of both companies, a definitive agreement has been signed and the merger will close subject to fulfillment of certain closing conditions, including, but not limited to, shareholder and NYSE approval. Following the closing of the merger, FatBrain AI's CEO, Peter B. Ritz, and Executive Chair, Michael T. Moe, will join Genius Group's Board. Peter B. Ritz is co-founder of FatBrain AI and earlier Exec Chair of Observable Networks. Michael T. Moe is Founder of GSV, an early investor in Edtech companies including Coursera, Chegg, Course Hero, Masterclass, and private investor in companies such as Meta, Twitter, Spotify, Coursera and Palantir.

08:33 EST Elevai Labs announces issuance of patent from USPTO - ELEVAI LABS announces that the United States Patent & Trademark Office, USPTO, issued US Patent No. 11,878,038, entitled "Exosome-based Skincare Product" covering the primary formulation for ELEVAI's exosome-based skin care products. The ELEVAI exosomes used in ELEVAI Labs' formulations are derived from specially cultured and treated umbilical mesenchymal stem cells to generate a specific profile for the applications desired. ELEVAI's enfinity and empower(TM) formulations are both covered by the Patent. "We are pleased the USPTO has issued this critical patent, which is the first step towards building ELEVAI's patent moat in the aesthetics market. The Company will continue to strive to invent or acquire the best and most technically advanced products, which we believe will maintain ELEVAI's competitive edge in the physician-dispensed skincare market and beyond," said ELEVAI co-founder and CEO, Jordan Plews, PhD.

08:32 EST National Bankshares to acquire Frontier Community Bank in $17.1M transaction - National Bankshares and Frontier Community Bank announced that they have entered into a definitive merger agreement for National Bankshares to acquire Frontier. As of September 30, 2023, Frontier had total assets of approximately $154 million. Upon completion of the transaction, National Bankshares is expected to have total consolidated assets of approximately $1.7 billion based on September 30, 2023 financial data. Under the terms of the merger agreement, shareholders of Frontier will have the right to receive either 0.4250 shares of National Bankshares common stock or $14.48 in cash for each share of Frontier common stock they hold. Shareholder elections are subject to adjustment so that the overall mix of consideration to be paid to Frontier shareholders consists of at least 90% National Bankshares common stock. The aggregate value of the transaction is approximately $17.1 million. Upon completion of the acquisition, Frontier will merge into The National Bank of Blacksburg, the wholly owned bank subsidiary of National Bankshares. The transaction, which received unanimous approval by both National Bankshares' and Frontier's Board of Directors, is subject to customary closing conditions, including the approval of the merger agreement by Frontier's shareholders and the receipt of all required regulatory approvals. All executive officers and directors of Frontier have entered into support agreements to vote the shares of Frontier they own in favor of the transaction. The transaction is expected to close in the second quarter of 2024.

08:26 EST PSQ Holdings and BNPL firm Credova team on sales, financing for firearms - PSQ Holdings and Credova announced they have agreed to a partnership that will implement Credova BNPL technology into the PublicSquare platform. The partnership will provide PublicSquare access to Credova's approximately 2.8 million customers and 4,000 values-aligned vendors and provides the first step in PublicSquare's efforts to build an uncancellable payment ecosystem for the parallel economy. The partnership is expected to launch during the second quarter of 2024. Michael Seifert, Chairman and Chief Executive Officer of PublicSquare, commented, "Our partnership with Credova is an important next step in the maturation of the PublicSquare ecosystem and helps solidify the parallel economy's economic engine. The partnership supercharges the PublicSquare platform with an immediate customer value proposition, plus immediate access to Credova's formidable client base, particularly in the firearms, recreational, and personal defense industries. Through the integration of the capabilities of Credova's Buy Now Pay Later payments technology, we open the door for both our consumers and merchants to explore sales and financing opportunities that may have been previously unavailable. Further, this partnership ensures that purchases in the PublicSquare marketplace remain secure from cancellations, helping to protect Second Amendment rights, a crucial and necessary safeguard for the parallel economy. We are excited for our partnership with the excellence-driven Credova team."

08:24 EST Peraso announces first commercial order utilizing DUNE Platform - Peraso announced an order for its Perspectus mmWave antenna modules that support the DUNE platform, demonstrating the Company's ability to address broadband infrastructure challenges in informal settlements. The DUNE platform implements intelligent Media Access Control features, which, along with the Perspectus series of modules, enable wireless Internet service provider operators to deploy long range, multi-point networks without interference in dense user environments. Peraso's latest mmWave antenna module, the PRM2144X, is specifically designed for dense urban areas. A novel 128 element, integrated, phased array antenna, provides high gain, narrow beamwidth and extremely low antenna side-lobes. The increased gain and range also benefit suburban and rural deployments, eliminating the need for dish antennas in many cases.

08:23 EST Falco executes operating license, indemnity agreement with Glencore Canada - Falco Resources (FPRGF) has entered into an operating license and indemnity agreement with Glencore Canada Corporation (GLNCY) pursuant to which Glencore granted to Falco, subject to the terms and conditions contained in the OLIA, a license to utilize a portion of its lands, which Falco will use to develop and operate Falco's wholly-owned Horne 5 project located in Rouyn-Noranda. The OLIA was entered into further to the preliminary agreement in principle with Glencore announced on June 28, 2021. The OLIA establishes the framework to govern Falco's development and operation of its world-class Horne 5 Project, taking into account its overlap with and close proximity to Glencore's copper smelting operations at the Horne smelter in Rouyn-Noranda. The key features of the OLIA include: The creation of a Technical Committee comprised of two representatives of each of Falco and Glencore, to determine ongoing operating parameters within which Falco can conduct operations of the Horne 5 Project so as not to interfere with the Horne Smelter, minimize and control risks to the Horne Smelter and where necessary adopt mitigation measures. The creation of a Strategic Committee comprised of two representatives of each of Falco and Glencore, to collaborate and exchange information in connection with the development and operation of the Horne 5 Project, its interaction with the Horne Smelter and community and regulatory matters, and to capitalize on the many synergies between the parties. The right of Glencore to appoint one nominee to Falco's board of directors. The adoption of principles pursuant to which Glencore and its Horne Smelter retain priority over the operations of the Horne 5 Project as contemplated in the OLIA and must be afforded protection from incremental risks and losses occasioned by Falco's Horne 5 Project. Financial assurances, guarantees and indemnification to be provided by Falco to Glencore to cover incremental risks and losses to Glencore and its Horne Smelter arising from Falco's operations and certain other matters specified in the OLIA. The right of Glencore to require remediation, suspension or other risk-mitigation during the operations of Falco's Horne 5 Project to protect Glencore's Horne Smelter and related operations, subject to expert intervention and dispute resolution mechanisms set out in the OLIA. As previously disclosed, starting in November 2020, Glencore and Falco have conducted an intensive Work Program to address concerns and mitigate potential risks to Glencore's Horne Smelter. Key components of the Work Program were established by Glencore after a due diligence review of the Horne 5 Project by the parties' technical teams, and included geotechnical advancement, water management and synergies between the Horne 5 Project and the Horne Smelter. Falco and Glencore have made material progress on the key components of the Work Program and will continue to collaborate to finalize outstanding matters for the Horne 5 Project and proceed with dewatering, construction and operation of the Horne 5 Project, subject to the conditions set out in the OLIA. The ability of Falco to commence certain conditioned activities under the OLIA, including dewatering and mining activities of the Horne 5 Project, is subject to Falco providing Glencore at the relevant time, financial assurances in the form of letters of credit, performance guarantee or similar guarantees. The OLIA provides that financial assurances must be posted by Falco in the amount of C$40 million for the dewatering phase, increasing to C$80 million during the mining phase and decreasing to between C$10 million and C$20 million during the closure and remediation phases, subject to certain conditions and inflation-related adjustments after a specified number of years. Glencore will have the right to draw upon such financial assurances in the event that it incurs losses subject to indemnification by Falco under the OLIA. The OLIA also requires Falco to provide Glencore specified coverage under insurance policies to address certain risks to Glencore and its Horne Smelter arising from Falco's Horne 5 Project, before the commencement of dewatering and mining activities. Falco is confident based on its discussions with insurance brokers and underwriters that such coverage can be obtained on reasonable terms when required.

08:21 EST Carlyle acquires $415M private student loan portfolio and invests in Monogram - Carlyle acquired a $415M private student loan portfolio, and strategic investment into Monogram, a leading provider of finance solutions for students and their families. Led by the former management team of Cognition Financial and backed by Carlyle, Monogram will partner with Carlyle to originate, acquire, and manage high-quality third-party private student loan assets. The Monogram platform provides a fully outsourced, end-to-end private student loan solution for lenders. Monogram currently has more than $7B in private student loans under management.

08:18 EST Osisko appoints David Smith to its board of directors - Osisko Gold Royalties (OR) announces the appointment of David Smith to its Board of Directors. Most recently, Smith retired as Executive Vice-President, Finance and Chief Financial Officer of Agnico Eagle Mines (AEM) in May 2023, having held the position since 2012.

08:18 EST Sportradar CSO Ulrich Harmuth to depart - As part of the organizational changes, Ulrich Harmuth, Chief Strategy Officer, will be departing the Company to pursue other endeavors.

08:17 EST Red Violet's FOREWARN partners with MLS United - FOREWARN, a subsidiary of red violet company, announced that it has partnered with MLS United, the largest Multiple Listing Service in Mississippi. This collaboration will extend FOREWARN services to over 6,200+ MLS United customers at no additional cost to individual agents. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information provided by potential clients. "We are thrilled to provide FOREWARN to our customers, enhancing their ability to work safely and guard against potential fraud," stated Joe Rogers, CEO of MLS United. "Real estate agents face various physical and fraudulent threats, and verifying the identity of unknown prospects is a crucial first step in self-protection. FOREWARN facilitates this process quickly and efficiently."

08:15 EST VCI Global's real estate arm acquisires Impiana Private Villas Kata Noi - V Capital Real Estate Sdn Bhd, the real estate arm and a subsidiary of VCI Global, announced that it has executed an agreement with Haad Sai Ngen for the acquisition of leasing rights for land, including Impiana Private Villas Kata Noi, Phuket, and its associated assets. Upon VCI Global's acquisition of the leasing rights for an approximately 2,902 square meters land area in Karon Sub-District, Muang Phuket District, Phuket Province, Thailand, the Company secures Impiana Private Villas Kata Noi, Phuket along with all its associated assets. Impiana Private Villas Kata Noi comprises 11 villas, covering 1,085 square meters, occupying less than 40% of its land area. This presents a promising opportunity for potential future expansion. Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global said, "Thailand's hospitality industry is expected to reach $19 billion by 2028, giving a 5-year compound average growth rate of almost 30%. Aligned with our strategy to explore opportunities in the Southeast Asia hospitality sector, we consider the acquisition of Impiana Private Villas Kata Noi a strategic investment. We anticipate further prospects in hospitality, fostering growth of our subsidiary, V Capital Real Estate Sdn Bhd."

08:14 EST TFF Pharmaceuticals to present data from its Phase 2 trial of TFF VORI - TFF Pharmaceuticals announced that the Company will present data from the Phase 2 trial of Voriconazole Inhalation Powder, TFF VORI, for the treatment of invasive pulmonary aspergillosis at the upcoming Advances Against Aspergillosis & Mucormycosis, AAAM, Conference, which will be held from January 25-27, 2024, in Milan, Italy. Data being presented at the AAAM Conference were first disclosed by the Company in December 2023.

08:11 EST Worksport unveils AL3 PRO hard-folding tonneau cover - Worksport announced the launch of its first hard-folding tonneau cover, the Worksport AL3 PRO Low Profile Aluminum Tonneau Cover - a flush mounted, three panel, all aluminum tonneau cover. Embodying the perfect blend of durability, style, and functionality, this new product is proudly Made in the USA and is set to redefine standards in the truck accessory market.

08:09 EST Rezolute appoints Evans as Chief Financial Officer - Rezolute announced the addition of Daron Evans, MS, MBA, to its leadership team as Chief Financial Officer as well as the grant of share options as a material inducement for his appointment.

08:09 EST WiMi Hologram Cloud develops interactive system based on V-BCI technology - WiMi Hologram Cloud has integrated the visual-brain-computer interface into the holographic eyewear interaction system, resulting in a more efficient and immersive user experience. Currently, traditional human-computer interaction mainly relies on input methods such as gestures and voice, which has achieved a breakthrough in human-computer interaction, but still falls short in terms of the intuitiveness and efficiency of the user experience. In order to improve the interaction experience of holographic glasses, WiMi's V-BCI realizes direct communication between the brain and the computer by recording the user's EEG signals, thus enabling the user to manipulate AR content more intuitively and efficiently. However, to implement V-BCI technology in holographic eyewear applications, challenges such as real-time and accuracy of EEG devices need to be overcome. WiMi's V-BCI-based interaction technology for holographic eyewear utilizes lightweight wearable hardware designed for AR eyewear scenarios. The design of this hardware focuses on enabling a fast setup, reliable recording and comfortable wearable experience. Importantly, the hardware ensures highly accurate recording of EEG signals while being lightweight. It enables users to easily enjoy high-quality brain-computer interaction while wearing holographic glasses.

08:08 EST Bowman gets two mining deals with combined $1.9M of assignments - Bowman Consulting Group has secured a combined $1.9M of assignments through two new mining contracts in Arizona. Under the first contract, Bowman will oversee the comprehensive design work for the SX plant feasibility study, which includes process, geotechnical, structural, mechanical and electrical engineering. The project for which Bowman will be providing design services includes two miles of haul road pavement and stormwater control design; survey services for stockpiled ore and mine water lines; leach pad construction; mined land reclamation; and mapping of a mine railroad. The second contract is for survey and construction quality assurance CQA services for a 53-acre leach pad. Bowman's CQA services will help to streamline the installation of liner subgrade, geomembrane and geosynthetic clay line, a solutions collection pipe network and the placement of over-liner drain rock.

08:07 EST Soleno Therapeutics announces appointments to its leadership team - Soleno Therapeutics (SLNO) announced the appointments of Meredith Manning, M.B.A as Chief Commercial Officer, Dairine Dempsey, Ph.D. as Vice President, Europe and Lauren Budesheim, M.S. as Vice President of Human Resources. The Company also announced the appointment of key advisors with Shamim Ruff, M.S. joining as Chair of the Development Advisory Board and James Geraghty, J.D., M.S. as a Board Advisor. Prior to joining Soleno, Meredith Manning served as President of the Americas and a member of the U.S. Board of Directors at PharmaEssentia. Dairine Dempsey has been a consultant to Soleno since 2019. Lauren Budesheim previously served as Head of People at Neurona Therapeutics. Shamim Ruff is currently the Chief Regulatory Affairs Officer and SVP, Head of Quality Assurance at Stoke Therapeutics (STOK). James Geraghty serves as the Chairman of the Board of Directors for Orchard Therapeutics (ORTX), Pieris Pharmaceuticals (PIRS) and OMass Therapeutics.

08:07 EST Apollo Medical announces senior leadership transitions - Apollo Medical Holdings announced the following leadership transitions: Brandon Sim, the company's Co-CEO, has been named President and CEO, effective January 19. Dr. Thomas Lam will serve as Vice Chairman of the Board of Directors and is retiring as President and Co-CEO, effective January 19. Chan Basho remains CFO and, in addition, has been named COO, effective January 19. Dr. Dinesh Kumar will be joining the executive team as Chief Medical Officer of ApolloMed, effective January 23.

08:05 EST Desktop Metal announces additional $50M in cost reduction, workforce cuts - Desktop Metal announced an additional $50M cost-reduction plan that includes a 20% workforce reduction designed to align its cost structure to current market dynamics. The effort is part of a broader strategic business review and other actions, including continued consolidation of facilities and product rationalization, aimed at accelerating DM's path to profitability in the midst of a downturn in the additive manufacturing industry. "The cost-reduction plans announced today, in addition to the $100 million in cost reductions realized in 2023, will help us generate positive cash flow in light of a softer demand environment," said Ric Fulop, Founder and CEO of Desktop Metal. "We are committed to getting profitable during this challenging period. The vast majority of the cuts will be completed this quarter, resulting in sequential cost reductions across the first half of 2024. This latest action is expected to result in pre-tax restructuring charges of $24.3M to $31.5 M. The majority of those estimated charges are non-cash, with an estimated $5.3M to $7.5M of the restructuring charges coming from cash reserves. .

08:04 EST Patrick Industries sees Q1 charge of $7M from acquisition of Sportech - Patrick Industries announced that it has completed its previously announced $315M acquisition of Sportech, a designer and manufacturer of high-value, complex component solutions to powersports OEMs, adjacent market OEMs and the aftermarket. In connection with the acquisition, the company expects to record one-time, non-recurring pretax charges in the first quarter of 2024 of approximately $7M related to transaction fees and non-cash purchase accounting adjustments.

08:01 EST Microchip releases PIC16F13145 family of microcontrollers - To address the expanding need for increasing levels of customization in embedded applications, Microchip Technology is offering a tailored hardware solution with the launch of its PIC16F13145 family of microcontrollers. Outfitted with a new Core Independent Peripheral-the Configurable Logic Block module-the MCUs enable the creation of hardware-based, custom combinational logic functions directly within the MCU. Because of its integration into the MCU, the CLB allows designers to optimize the speed and response time of embedded control systems, eliminating the need for external logic components and reducing Bill of Materials cost and power consumption. The process is further simplified by a graphical interface tool, which helps synthesize custom logic designs using the CLB. The PIC16F13145 family is designed for applications utilizing custom protocols, task sequencing or I/O control to manage real-time control systems in the industrial and automotive sectors.

08:00 EST ZyVersa Therapeutics announces peer-reviewed article on targeting ASC specks - ZyVersa Therapeutics announced that world renowned inflammasome researchers and inventors of ZyVersa's Inflammasome ASC Inhibitor IC 100 have published a scientific paper in the peer-reviewed journal, Alzheimer's & Dementia: Translational Research & Clinical Interventions. In the paper titled, "Association of region-specific hippocampal reduction of neurogranin with inflammasome proteins in postmortem brains of Alzheimer's disease," the researchers demonstrated that loss of plasticity and neuronal scaffolding proteins, part of the neurodegenerative process leading to memory and learning deficits in AD, is associated with recruitment of ASC molecules and formation of inflammasome complexes in both neurons and microglia. "Our data emphasize that the synapse may be more vulnerable when the inflammatory machinery is activated, supporting the potential role of targeting ASC specks during the progression of AD pathology," said Dr. Regina T. Vontell, Research Assistant Professor and Associate Director, Brain Endowment Bank at the University of Miami Miller School of Medicine. "Our earlier data demonstrated that ASC correlated with Abeta and p-tau in postmortem cases with AD pathology, and that neurons in areas of the brain that are particularly susceptible to death in the early and intermediate stages of the disease process could be identified through imaging studies with Inflammasome ASC inhibitor IC 100. This further supports the therapeutic potential of targeting ASC in patients with AD," stated Dr. Robert W. Keane, Professor, Physiology and Biophysics, Neurological Surgery and Microbiology, and Immunology at the University of Miami Miller School of Medicine, and a member of ZyVersa's Inflammatory Disease Scientific Advisory Board.

07:43 EST Fitch downgrades Vertex Energy to 'CCC+' - Fitch Ratings has downgraded Vertex Energy's and Vertex Refining Alabama LLC's Long-Term Issuer Default Ratings to 'CCC+' from 'B-'. Fitch has also downgraded the rating of Vertex Refining Alabama's senior secured term loan to 'B-'/'RR3' from 'B'/'RR3'. "The downgrade reflects Vertex's weaker liquidity buffer amid lower U.S. Gulf Coast refining crack spreads and weak Fitch-expected contribution from renewable diesel segment in 2024. The company's FCF generation is highly sensitive to refining crack spreads that declined in 4Q23 from abnormally high 2022-2023 levels. Its unrestricted cash balance fell from $141 million at YE 2022 to around $70-80 million at YE 2023. Fitch projects negative EBITDA and FCF for Vertex in 2024 based on the assumptions of continued crack spread normalization and weak renewable diesel profitability," the ratings agency stated. Reference Link

07:37 EST Anavex reports publication of ANAVEX 3-71 human study in clinical journal - Anavex Life Sciences announced a peer-reviewed publication in Clinical Pharmacology in Drug Development, findings from the ANAVEX3-71 first-in-human study which achieved its safety objectives. The publication is entitled, 'Population-Based Characterization of the Pharmacokinetics and Food Effect of ANAVEX3-71, a Novel Sigma-1 Receptor and Allosteric M1 Muscarinic Receptor Agonist in Development for Treatment of Frontotemporal Dementia, Schizophrenia, and Alzheimer Disease'.1 The publication reports the Population-based characterization of the Pharmacokinetics and food effect of ANAVEX3-71 as part of the single ascending dose study in healthy participants with the primary objective of assessing dose proportionality of ANAVEX3-71, and to characterize the effect of food on the PK of ANAVEX3-71. The results from this PK evaluation demonstrated that ANAVEX3-71, at single ascending doses of 5 to 200 mg, is linear, dose proportional, and time invariant. Food had no effect on the PK of ANAVEX3-71. This data also expands the safety objectives met in this first-in-human study of ANAVEX3-71, further supporting its drug development program. While KarXT from Karuna Therapeutics, a muscarinic M1 receptor agonist, demonstrated weak benefits on cognitive impairments in individuals with Schizophrenia, ANAVEX3-71's dual-pharmacological action on SIGMAR1 and M1 muscarinic receptors is implicated in its pro-cognitive effects in murine Alzheimer's disease models and demonstrates its potential to treat cognitive and behavioral deficits in neurological diseases by affecting protein homeostasis in the central nervous system. "This published clinical study demonstrates Anavex's commitment to advance Anavex's clinical pipeline including ANAVEX3-71 for Schizophrenia, Frontotemporal Dementia, and Alzheimer's Disease," said Christopher U Missling, PhD, President and Chief Executive Officer of Anavex. "We are looking forward to reporting first patient dosed in the upcoming U.S. Phase 2 clinical trial in Schizophrenia with ANAVEX3-71."

07:34 EST Endo to present data on CCH in plantar fibromatosis - Endo announced that data from clinical studies of collagenase clostridium histolyticum - CCH - in patients with plantar fibromatosis will be presented during the American Orthopaedic Foot & Ankle Society's annual scientific meeting through September 23 in Louisville, Kentucky. Three presentations cover data from the Phase 1 clinical study of CCH in patients with plantar fibromatosis. Results demonstrated improvement in nodule hardness and in patient and physician satisfaction scores. In addition, the CCH safety profile was consistent with the known CCH safety profile from other clinical studies and indications. Most adverse events were rated as mild to moderate, and there were no reported treatment-related serious adverse events. A fourth presentation provides real-world treatment patterns.CCH is not approved for use in treating patients with plantar fibromatosis. Endo has completed a Phase 2 study and anticipates that the pivotal Phase 3 program will begin later this year.

07:31 EST Venus Concept announces review of strategic alternatives - Venus Concept's Board of Directors is evaluating potential strategic alternatives to maximize shareholder value. As part of the process, the Board is considering a full range of strategic alternatives, which may include one or more financings, mergers, reverse mergers, other business combinations, sales of assets, licensings or other transactions. The Company has retained Canaccord Genuity LLC as its financial advisor to assist in evaluating potential strategic alternatives. There can be no assurance that the evaluation of strategic alternatives will result in any transaction, nor can there be any assurance regarding any transaction's timing or ultimate outcome. Venus Concept has not set a timetable for completion of the process and does not intend to disclose developments related to the process unless and until the Company executes a definitive agreement with respect thereto, or the Board otherwise determines that further disclosure is appropriate or required.

07:19 EST Howard Hughes appoints Joseph Valane as general counsel - Howard Hughes Holdings announced that Joseph Valane has been appointed General Counsel and Secretary of the company, effective March 18, 2024. Mr. Valane will oversee all legal matters for Howard Hughes and its national portfolio of award-winning communities. Valane previously served as General Counsel of Revantage and Shopcore Properties, two Blackstone portfolio companies.

07:10 EST Loop Industries, Bormioli Pharma to unveil pharmaceutical packaging bottle - Loop Industries and Bormioli Pharma announced that a pharmaceutical packaging bottle manufactured with 100% recycled virgin quality Loop PET resin will be unveiled within the Bormioli booth at Pharmapack Europe 2024. Bormioli Pharma and Loop Industries aim to introduce market-ready solutions for the global pharmaceutical industry and the two companies began to collaborate over a year ago in order to achieve this goal. Bormioli Pharma tested Loop PET resin in its packaging, commissioning to independent third parties' additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario. The results of these tests set a new benchmark for recycled plastic products within the pharmaceutical industry, as the bottles produced with Loop PET resin do not release any substance deemed of toxicological relevance.

07:08 EST ViaSat selected by Lufthansa Group for in-flight connectivity upgrades - Viasat has been selected by Lufthansa Group to equip more than 150 additional aircraft - across its Lufthansa, SWISS, and Austrian Airlines fleets - with the European Aviation Network in-flight connectivity solution. EAN combines S-band satellite coverage provided by Viasat with a complementary ground component network operated by long-standing Viasat and Lufthansa Group partner, Deutsche Telekom, delivering a service that supports streaming and other high bandwidth requirements. Inmarsat, which was recently acquired by Viasat, has provided its Ka-band IFC service to Lufthansa Group since 2015. This connectivity solution is already onboard 240 Lufthansa Group narrow-body aircraft. Lufthansa Group airlines recently unveiled a new release of its onboard portal, FlyNet, which will be accessible on EAN-equipped aircraft.

07:05 EST Kimberly-Clark increases dividend 3.4% to $1.22 per share - Kimberly-Clark has declared an increased quarterly dividend of $1.22 per share, an 3.4% increase. The dividend is payable on April 2 to stockholders of record as of March 8.

07:04 EST Telefonica, Nova Labs launch Helium Mobile Hotspots in Mexico - Telefonica and Nova Labs have partnered to launch Helium Mobile Hotspots in Mexico. The solution, implemented with select customers in Mexico City and Oaxaca, will extend Telefonica's coverage and enable offloading of mobile data to the Helium Mobile Network and improve overall mobile coverage service for customers. Telefonica and Nova Labs have built a solution based on the OpenWifi standard developed by the Telecom Infra Project. This solution enables select Movistar customers in Mexico to access the Helium Mobile Network using their Movistar SIM cards for authentication.

07:03 EST General Dynamics reports Q4 net cash from operations $1.2B - During the year, the company reduced debt by $1.2B, invested $904M in capital expenditures, paid $1.4B in dividends, and used $434M to repurchase shares, ending 2023 with $1.9B in cash and equivalents on hand.

07:01 EST Theratechnologies receives CRL from FDA for 58 formulation of tesamorelin sBLA - Theratechnologies announced that the U.S. Food and Drug Administration, FDA, has issued a Complete Response Letter, CRL, in response to the Company's supplemental Biologics License Application for the F8 formulation of tesamorelin. The Company will address the FDA's request and intends to pursue approval of this newer formulation of tesamorelin. The questions outlined in the CRL are largely related to chemistry, manufacturing and controls concerning the microbiology, assays, impurities and stability for both the lyophilized product and the final reconstituted drug product. In addition, the FDA requested further information to understand the potential impact of the proposed formulation on immunogenicity risk. "While we are disappointed to receive a Complete Response Letter from the FDA for the F8 formulation of tesamorelin containing questions that were not raised during the review process, we plan to address these new comments as swiftly as possible," said Christian Marsolais, Ph.D., Senior Vice President and Chief Medical Officer at Theratechnologies. "We remain focused on bringing this new formulation of tesamorelin to market as part of our commitment to innovate and simplify treatments for people with HIV."

06:56 EST Endeavour Silver provides 2024 update for Terronera Project, Mexico - Endeavour Silver announced its 2024 development update for the high-grade silver-gold Terronera Project in Jalisco state, Mexico. To date, the company has made construction progress with concrete work and vertical construction now underway. The company has updated its initial capital cost, schedule, and execution plan. The company anticipates the schedule to remain in line with previous guidance, with initial production anticipated to start in 4Q24. The Board approved an optimized Terronera Project construction scenario consisting of a process plant with 2,000 tons per day - tpd - capacity and an initial capital cost of $230M. Endeavour now forecasts initial capital costs to be 18% higher, at $271M. At the end of 2023, construction progress was approaching 50% completion. In Q2 and Q3, work is planned to advance in all plant areas with mechanical completion and commissioning activities planned in Q4 with initial production at the end of 2024. Development activities at La Luz are expected to begin in Q3 with portal construction and ramp advance to ore access in Q4. The project remains on schedule for mill commissioning and initial production in 4Q24. The company expects to make the first draw under the $120M project loan debt facility in 1Q24. Construction of the project remains on track and the funds available under the project loan debt facility will be allocated to fund construction. Terronera is expected to produce 4 million ounces of silver and 38,000 ounces of gold annually over its 10-year life.

06:40 EST Babcock & Wilcox, Black Hills Energy receive Wyoming hydrogen facility grant - Babcock & Wilcox (BW) and Black Hills (BKH) Energy have received a $16M grant from the Wyoming Energy Authority to fund the permitting, engineering and development activities for a clean hydrogen generation facility with carbon dioxide capture and sequestration at Black Hills Energy's Neil Simpson Power Plant in Gillette, Wyo. The plant design intends to use B&W's BrightLoop technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use. As designed, the plant will be capable of producing 15 tons of clean hydrogen per day utilizing the BrightLoop process, which is a patented chemical looping technology. B&W's BrightLoop chemical looping technology is part of its ClimateBright suite of decarbonization and hydrogen technologies.

06:36 EST Freight Technologies announces CFO transition - Freight Technologies announced changes to its executive team and board of directors. Paul Freudenthaler, former CFO, has been appointed as a member of the board of directors of the company effective January 19. Simultaneously, Fr8Tech appointed Don Quinby as its new CFO. Quinby most recently played roles in FP&A and investor relations in the 2023 IPO of Nextracker, a company in the solar tracker industry.

06:33 EST Hut 8 Corp. responds to 'misleading' short report - Hut 8 Corp. issued the following statement regarding a report from an activist short-selling firm containing false and misleading characterizations about Hut 8's business. "Hut 8 has assessed the claims set forth by the authors of the report and believes that the report is filled with inaccuracies, misrepresented data, speculative claims, and unfounded character attacks. The report appears to represent a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives. The statements made by the short seller expose an inadequate, distorted understanding of the Company, its operations, and its key executives. The report appears to have been made to distract from the Company's achievements and progress since closing its merger of equals. The Company believes that the report was designed for the sole purpose of negatively impacting Hut 8's share price for the short seller's own benefit, at the expense of Hut 8's shareholders, partners, and employees." "The Board maintains full confidence in the company's merger of equals, strategic plan, and management team," said Bill Tai, Chairman of Hut 8's Board of Directors. "Our focus remains on the long-term vision and continued success of Hut 8. We remain committed to ensuring that our governance and oversight are aligned with the best interest of our stakeholders." "The Company continues to focus on driving strong operating and financial results. On December 31, 2023, Hut 8 held 9,195 Bitcoin in reserve, with an approximate value of $390 million, and had North American-wide operations spanning 205,759 miners under management. In addition to its strong balance sheet, Hut 8 is distinguished from its peers by its diversified business, as approximately 30% of its revenue was generated from fiat revenue streams as of September 30, 2023. "Since I joined as CEO more than three years ago, our leadership team and I have worked tirelessly to earn investors' and analysts' confidence in our operations, our diversified strategy, and our growth trajectory. We will not be derailed by activists who stand to profit from spreading misinformation and making defamatory character attacks," said Hut 8 CEO Jaime Leverton. "The short report is riddled with speculative accusations and misinformation. Our Board of Directors and management team continue to have full confidence in our merger of equals and we look forward to showing our team, shareholders, and the broader investment community that together, we are not only stronger than the sum of our parts, but we are also poised to capture upside as we move forward as a unified team." Hut 8 cautions investors to not make decisions based on the report and instead strongly encourages them to consult credible sources, including the Company's filings with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities, prior to making their investment decisions.

06:08 EST Elevance Health reports Medical membership totaled ~47M at Dec. 31, 2023 - A decrease of 570,000 or 1% year-over-year. "This was driven by attrition in our Medicaid business associated with the resumption of eligibility redeterminations in the second quarter of 2023 and declines in our Employer Group risk-based business. These membership losses were partially offset by growth in BlueCard, Affordable Care Act health plans, and Medicare Advantage."

06:05 EST Canoo receives purchase order for 6 electric vehicles from U.S.Postal Service - Canoo announced the U.S. Postal Service will purchase six battery-electric Canoo vehicles. The Postal Service will take delivery of these six right-hand drive versions of the LDV 190 in Q1. This effort is part of the USPS's $40B investment strategy to upgrade and improve the organization's processing, transportation, and delivery networks.

06:04 EST Chevron Shipping President Mark Ross to retire, Barbara Pickering succeeds - Cheveron announced that Mark Ross, President of Chevron Shipping Company, has elected to retire effective May 1. Barbara Pickering, currently VP of Operations, Chevron Shipping Company, will succeed Mark as President. Ross has led Chevron Shipping Company since 2015. Prior to that, he served as Vice President of Operations of the company for four years. He joined Chevron in 1990. Pickering joined Chevron in 1991 as a ship charterer in London. She has held positions of increasing responsibility with Chevron in the UK, Australia, and the United States. She also currently serves as a Vice Chairman of Oil Companies International Marine Forum.

06:02 EST Boeing 757 operated by Delta lost nose wheel ahead of takeoff, FAA says - A Boeing (BA) 757 plane operated by Delta (DAL) lost a nose wheel as it prepared to take off from Atlanta's main airport on Saturday, the FAA said in a preliminary report. Delta Flight 982 was preparing to take off from Hartsfield-Jackson Atlanta International Airport for a trip to Bogota, Colombia, on Saturday when a "nose wheel came off and rolled down the hill." More than 170 passengers who were aboard had to deplane, but no one was hurt, the report said. Reference Link

05:32 EST Rio Tinto announces fatal plane crash on way to Diavik mine - The company said, "We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada, resulting in fatalities." Rio Tinto CEO, Jakob Stausholm said: "I would like to extend our deepest sympathy to the families, friends, and loved ones of those who have been affected by this tragedy. As a company we are absolutely devastated by this news and offering our full support to our people and the community who are grieving today. We are working closely with authorities and will help in any way we can with their efforts to find out exactly what has happened."

05:13 EST Standard Lithium selects Ausenco to complete DFS, FEED services for SWA project - Standard Lithium announced the selection of Ausenco Engineering Canada to complete the Definitive Feasibility Study, or DFS, and Front-End Engineering and Design, or FEED, services for the South West Arkansas, or SWA, Project.