Stockwinners Market Radar for January 25, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

TSLA

Hot Stocks

20:26 EST Cathie Wood's ARK Investment bought 178K shares of Tesla today
DNA

Hot Stocks

20:26 EST Cathie Wood's ARK Investment bought 711K shares of Ginkgo Bioworks today
TC

Hot Stocks

19:50 EST TuanChe Ltd (ADR) trading halted, news pending
RMD

Hot Stocks

18:48 EST ResMed CEO: Our resupply rate is higher due to GLP-1 drugs - In an interview on CNBC's Mad Money, Mick Farrell said ResMed only has about 15%-20% market penetration in the U.S. for sleep apnea products, so there is plenty of runway ahead.
ABNB

Hot Stocks

18:42 EST Airbnb CEO sells $21.8M in common stock - In a regulatory filing, Airbnb disclosed that its CEO Brian Chesky sold 153.8K shares of common stock on January 23rd in a total transaction size of $21.8M.
IRON

Hot Stocks

18:07 EST Disc Medicine director sells $6.93M in common stock - In a regulatory filing, Disc Medicine disclosed that its director Kevin Bitterman sold 102.5K shares of common stock on January 23rd in a total transaction size of $6.93M.
SLB

Hot Stocks

17:36 EST SLB exec Kevin Fyfe sells over 20,000 common shares - In a regulatory filing, Schlumberger VP and Treasurer Kevin Fyfe disclosed the sale of 20,223 common shares of the company on January 25 at a price of $52.05 per share.
HYZN PFGC

Hot Stocks

17:26 EST Hyzon Motors delivers four FCEVs to Performance Food Group - Hyzon Motors (HYZN) announced that it delivered four FCEVs to leading food distributor and supplier Performance Food Group (PFGC), in a joint ceremony. The event, held at PFG's Vistar facility in Fontana, was attended by local government officials, company leaders, and PFG associates, and showcased the new FCEVs by offering ride along demonstrations.
AOSL

Hot Stocks

17:23 EST Alpha & Omega announces closing of DOJ investigation - The company states: "As previously disclosed by Alpha and Omega Semiconductor Limited, since late 2019, the Company has been cooperating with the U.S. Department of Justice in connection with its criminal investigation into the Company's compliance with export control regulations relating to certain business transactions with Huawei and its affiliates. On January 19, 2024, DOJ informed the Company that it has closed such investigation without any charges. The Company is pleased with this decision and intends to continue cooperating with the U.S. Department of Commerce in the ongoing civil investigation and looks forward to resolving this matter with DOC."
WDC

Hot Stocks

17:21 EST Western Digital says 30% gross margin within reach - The company states: "When you look at what we delivered in the second quarter and when you also look at the guide, it does reflect continuous margin improvement on the HDD side. And so I also anticipate that there should be continuous improvement as the recovery continues in that business. So 30% is very much within reach, and we should be able to achieve it pretty soon. On the flash side, the -- a lot has to do with continuing to optimize the product mix to drive that ASP up. and also, of course, continuing to deliver on our cost reduction. And so on the cost reduction we've done well so far. We've been in the mid-teens. I expect us to also hit that mid-teens percentage cost reduction for this fiscal year -- so as the pricing continues to improve, I would anticipate that we would be -- we would also be there in the -- let's say, in the next few quarters." Comments taken from Q2 earnings conference call.
MRCY

Hot Stocks

17:04 EST Mercury Systems names Stuart Kupinsky as Chief Legal Officer - Mercury Systems announced the appointment of Stuart Kupinsky as Executive Vice President and Chief Legal Officer, effective Jan. 29. Kupinsky succeeds Christopher Cambria, who has been Mercury's Executive Vice President, General Counsel, and Secretary since 2016. During his tenure, Cambria led 12 successful acquisitions that transformed the company and significantly expanded the capabilities of the Mercury Processing Platform. He will remain with the company until March 2024 and will consult for one year afterward to ensure a smooth transition.
NSTB

Hot Stocks

17:02 EST Northern Star Investment Corp. II to liquidate trust account - Northern Star Investment Corp. II "announced that, because it will not be able to consummate an initial business combination as described in the Company's amended and restated certificate of incorporation by the current January 28, 2024 deadline, it has determined to commence the process of liquidating the trust account established in connection with the Company's initial public offering and distributing funds to holders of the Company's shares of Class A Common Stock sold in the IPO. Additionally, as the Company has not consummated an initial business combination by the January 28, 2024 deadline, the Company expects the NYSE American to take delisting action with regard to the Company's securities. The Company has further determined to continue its corporate existence following the distribution of funds in the trust account in an effort to acquire a business or entity."
JEWL

Hot Stocks

17:01 EST Adamas One receives Nasdaq notification of non-compliance - Adamas One Corp. reports that, on January 19, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC notifying the company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the year ended September 30, 2023 with the Securities and Exchange Commission. This notification has no immediate effect on the listing of the company's common stock on Nasdaq. However, if the company fails to timely regain compliance with the Nasdaq Listing Rule, the company's common stock will be subject to delisting from Nasdaq.
KLAC

Hot Stocks

16:56 EST KLA Corp. down 6% at $604.18 after Q2 results, below-consensus guidance
PTCT

Hot Stocks

16:55 EST PTC Therapeutics falls 10% to $23.88 after CHMP negative opinion for Translarna
ES

Hot Stocks

16:53 EST Orsted, Eversource propose updated sunrise wind project for New York - Joint venture partners Orsted and Eversource "submitted a new proposal for Sunrise Wind in response to New York's latest offshore wind solicitation, re-bidding an updated project that, if selected, would fulfill its promise to deliver substantial economic benefits across New York and play a critical role in advancing the state's climate goals. Sunrise Wind would deliver up to 924 megawatts of clean energy to New York. As the most mature offshore wind project in the state's pipeline, Sunrise Wind is expected to be completed in 2026, helping the state achieve its mandate of 70% renewable energy by 2030, while paving the way for future state projects and accelerating the state's growing offshore wind workforce and supply chain."
WY

Hot Stocks

16:41 EST Weyerhaeuser declares supplemental dividend of 14c per share - Weyerhaeuser announced that its board of directors declared a supplemental dividend of 14c per share on the common stock of the company, payable in cash on February 27 to holders of record of such common stock as of the close of business on February 16.
TTNP

Hot Stocks

16:37 EST Titan Pharmaceuticals fully compliant with NASDAQ listing criteria - Titan Pharmaceuticals announced that by letter dated January 2 the Company was notified by The Nasdaq Stock Market that the Company has regained compliance with the minimum $1.00 bid price requirement and otherwise satisfies all applicable criteria for continued listing on The Nasdaq Capital Market. As such, the listing matter has been closed.
CBUS

Hot Stocks

16:36 EST Cibus welcomes vote of Environment Committee of the European Parliament - Cibus welcomes the vote of the Environment Committee of the European Parliament on 24th January in favour of new legislation for New Genomic Techniques NGTs..The legislation is part of a package of EU proposals to ensure resilient and sustainable use of the EU's natural resources. It describes a category of NGTs, classed as targeted mutagenesis and cisgenesis, producing modifications that could be obtained in nature or by conventional breeding. These are determined to be 'Conventional-like' and, once verified, would be regulated in the same way as conventional varieties. Before the vote, an open letter from 35 Nobel Laureates and over 1400 scientists urged MEPs to support the legislation in order to foster innovation, enhance food security and boost climate resilience.The legislation is part of a package of EU proposals to ensure resilient and sustainable use of the EU's natural resources. It describes a category of NGTs, classed as targeted mutagenesis and cisgenesis, producing modifications that could be obtained in nature or by conventional breeding. These are determined to be 'Conventional-like' and, once verified, would be regulated in the same way as conventional varieties. Before the vote, an open letter from 35 Nobel Laureates and over 1400 scientists urged MEPs to support the legislation in order to foster innovation, enhance food security and boost climate resilience. After the vote, MEP and rapporteur Jessica Polfjard said, "This proposal is critical for strengthening Europe's food safety in a sustainable manner. We finally have a chance to implement rules that embrace innovation and I look forward to concluding negotiations in the Parliament and with the Council as soon as possible."
ESRT

Hot Stocks

16:34 EST Empire State Realty signs new full-floor lease with GNY Mutual - Empire State Realty Trust announced that it signed Greater New York Mutual Insurance Company for a new full-floor, 52,116 square foot space at the world-famous Empire State Building. GNY Mutual has served policyholders since 1914 and earned an A+ (Superior) rating from A.M. Best for more than 30 consecutive years. "As a 109-year-old insurance company who specializes in providing coverage solutions for commercial real estate owners, we appreciate the significance of the Empire State Building to the NYC real estate community," said Elizabeth Heck, chairman, president, and CEO of GNY Mutual. "As an employer, we are attracted to ESB for its industry-leading sustainability measures and excellent tenant amenities which aid in employee recruitment and retention in addition to our hybrid work environment."
FBIZ

Hot Stocks

16:33 EST First Business Financial reports Q4 NIM 3.69% vs. 4.15% last year - Reports Q4 loan loss provision $2.6M vs. $0.7M last year.
SBUX

Hot Stocks

16:31 EST SOC sends letter to Starbucks holders calling for new approach to labor issues - The Strategic Organizing Center, a shareholder of Starbucks, sent a letter to its fellow shareholders outlining why enhanced oversight and proven human capital management expertise is needed on Starbucks' Board of Directors. "As a shareholder of Starbucks and as an ally to Starbucks employees - many of whom are also shareholders through the Company's share ownership program - the Strategic Organizing Center (the "SOC") is seeking to bring urgently needed change to Starbucks' boardroom," the company said. "We believe the current Board has tolerated an unacceptable level of reputational risk, a counterproductive approach to labor issues and a flawed allocation of resources. For these reasons - and to protect shareholder value - we have nominated three director candidates (the "SOC Nominees"), who are ideally suited to help repair the relationship with the Company's workers and regulators while safeguarding the best interests of all Starbucks' stakeholders. You can support this change and be part of ensuring Starbucks returns to the right path for the future. We urge you to use the enclosed BLUE proxy card to vote "FOR" each of the SOC Nominees today. You can also vote for the SOC Nominees on the Company's White proxy card. We strongly believe that voting for the SOC Nominees will help ensure the status quo does not continue, and that shareholder value does not suffer in the same way the Company's reputation has."
GAM

Hot Stocks

16:30 EST General American Investors authorize repurchase of additional 1M shares - The Board of Directors of General American Investors Company authorized the repurchase of an additional 1,000,000 outstanding shares of common stock when the shares are trading at a discount from the underlying net asset value by at least 8%. This continues a repurchase program which began in March 1995. Through December 31, 2023, the Company has repurchased 32.5 million shares of common stock for a cost of $1 billion at an average discount of 14.1%.
KLAC

Hot Stocks

16:27 EST KLA Corp. sees Q3 adjusted gross margin 61.5% +/- 1.0% - Q3 GAAP gross margin is expected to be in a range of 59.4% +/- 1.0%.
TVTX

Hot Stocks

16:25 EST Travere in $120M licensing deal with Renalys to develop sparsentan in Asia - Travere Therapeutics announced that it has entered into an exclusive licensing agreement with Renalys Pharma, to bring sparsentan, a dual endothelin angiotensin receptor antagonist for the treatment of IgA nephropathy, to patients in Japan and other countries in Asia. Renalys will hold regional rights to sparsentan for Japan, South Korea, Taiwan, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. "We're pleased to partner with Renalys, a company led by distinguished renal experts with a strong track record of launching kidney disease treatments," said Eric Dube, Ph.D., president and chief executive officer of Travere Therapeutics. "Renalys Pharma has the expertise and resources to rapidly advance sparsentan to enable people living with IgAN in Japan and other Asian countries to have access to this innovative therapy as quickly as possible." Following successful meetings with the Pharmaceuticals and Medical Devices Agency PMDA in 2023, Renalys plans to initiate an open label registrational study of sparsentan in Japan in the second quarter of 2024 to support potential approval of sparsentan in Japan. Results from the urine protein/creatinine ratio endpoint in the study are expected in the second half of 2025 to support a submission for approval to PMDA. Under the terms of the agreement, Travere will receive an upfront payment and be eligible to receive up to $120M in regulatory, development and sales-based milestone payments. As part of the collaboration, Travere has obtained a minority equity stake in Renalys and will be eligible to receive tiered royalties on net sales of sparsentan in Japan, South Korea, Taiwan, and the specified Southeast Asian nations. Renalys will be responsible for development, regulatory matters, and commercialization in the licensed territories.
AYI

Hot Stocks

16:23 EST Acuity Brands increases quarterly dividend 15% to 15c per share - Acuity announced that its board of directors increased its quarterly dividend by 15% to 15c per share from 13c per share. The dividend is payable on February 14 to shareholders of record on February 5. In addition, the board authorized the additional repurchase of up to 3M shares of common stock, bringing the outstanding authorization to approximately 3.9M shares.
NSTB

Hot Stocks

16:20 EST Northern Star SPAC agreed to settle SEC charges related to IPO disclosures - The Securities and Exchange Commission announced that Northern Star Investment Corp. II, a special purpose acquisition company, or SPAC, agreed to settle charges that it made misleading statements in forms filed with the SEC as part of its January 2021 initial public offering, or IPO. The SEC's order finds that Northern Star violated an antifraud provision of the Securities Act of 1933. Without admitting or denying the SEC's findings, Northern Star agreed to a cease-and-desist order and to pay a $1.5M penalty in the event it closes a merger transaction. Reference Link
ET

Hot Stocks

16:17 EST Energy Transfer LP raises quarterly distribution 3.3% to 31.5c per share - Energy Transfer LP announced an increase in its quarterly cash distribution to 31.5c per Energy Transfer common unit for the fourth quarter ended December 31, 2023. This cash distribution per Energy Transfer common unit will be paid on February 20, 2024 to unitholders of record as of the close of business on February 7, 2024, and is an increase of 3.3% as compared to the fourth quarter of 2022.
AWK

Hot Stocks

16:14 EST American Water files rate request driven by $557M in future investments - Illinois American Water filed a rate request with the Illinois Commerce Commission, or ICC, reflecting $557 million in water and wastewater system investments to be made through 2025 to continue providing clean, safe, reliable and affordable service. The request reinforces the company's commitment to investing in its water and wastewater systems to replace aging infrastructure, provide reliable service, enhance water quality and comply with environmental regulations. The rate request includes $421 million in water system infrastructure improvements and $136 million in wastewater system infrastructure improvements to be made over two years, from January 2024 to December 2025.
COF

Hot Stocks

16:14 EST Capital One reports Q4 net interest margin of 6.73%, up 4 bps vs. Q3 - Reports Q4: Provision for credit losses increased $573 million to $2.9 billion: Net charge-offs of $2.5 billion. $326 million loan reserve build. All metrics vs. Q3.
PTCT

Hot Stocks

16:12 EST PTC Therapeutics: CHMP issues negative opinion for Translarna renewal - PTC Therapeutics announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency issued a negative opinion following the re-examination procedure for the conditional marketing authorization of Translarna. "We are disappointed that the CHMP has maintained its negative opinion on the Translarna authorization which will result in the withdrawal of a therapy for patients in Europe with nonsense mutation Duchenne Muscular Dystrophy that the data support is safe and effective," said Matthew B. Klein, M.D., Chief Executive Officer of PTC Therapeutics. "The CHMP's decision, which is against the stated wishes of the patient community and expert physicians, will be devastating for children and young men in Europe for whom no other disease-modifying therapies are available." Per European regulations, the European Commission has 67 days to adopt the opinion.
GO

Hot Stocks

16:10 EST Grocery Outlet names Ramesh Chikkala to EVP COO, effective January 22 - Grocery Outlet Holding announced that it has appointed Ramesh Chikkala to the newly created position of EVP, Chief Operations Officer, effective January 22 . This strategic appointment marks a significant milestone as Grocery Outlet continues to scale its business and add additional supply chain and business technology experience to its organization. In this newly created COO position, Mr. Chikkala will lead the Company's Supply Chain and Business Technology functions, reporting to RJ Sheedy, President and Chief Executive Officer.
PRG

Hot Stocks

16:09 EST PROG Holdings announces cost reduction initiatives, staff cuts - PROG Holdings "announced several actions as a continuation of cost reduction initiatives expected to result in annual pre-tax savings for the Company. These additional actions, which include a reduction in workforce, the termination of certain independent sales agent agreements, and office space consolidation, are intended to drive efficiencies within the Company's cost structure while enabling it to remain committed to funding growth-related initiatives. The Company believes that these actions, which are expected to be substantially completed during the first quarter of 2024, will result in annualized pre-tax savings of approximately $15 million."
V

Hot Stocks

16:09 EST Visa sees Prosa deal closing during 2H24
CACC

Hot Stocks

16:09 EST Credit Acceptance promotes Jay Martin to CFO - Credit Acceptance announced the promotion of Jay Martin to Chief Financial Officer, effective January 23.
V

Hot Stocks

16:08 EST Visa CEO: 2024 off to a solid start - CEO Ryan McInerney commented: "Our 2024 fiscal year is off to a solid start. In our first quarter, net revenues grew 9% and GAAP EPS grew 20%, driven by relatively stable growth in overall payments volume and processed transactions, plus strong growth in cross-border volume. Consumer spending remained resilient. Looking ahead, we continue to see significant opportunity across consumer payments, new flows and value added services."
ALSN OSK

Hot Stocks

16:08 EST Allison to provide e-Axles to Oshkosh - Allison Transmission (ALSN) said it was selected by Oshkosh Corporation (OSK) as its electric axle supplier for North America's first fully integrated, zero-emission electric refuse collection vehicle. The Allison eGen Power 100S has been successfully integrated into the McNeilus Volterra ZSL electric refuse vehicle, which is specifically designed for the waste management industry to minimize environmental impact and reduce noise in communities around the world. "Following a deep technical and competitive evaluation process, Oshkosh chose the Allison eGen Power 100S because of the differentiated performance, packaging efficiency and Allison's reputation for industry leading reliability and durability, as well as the established customer support network Allison offers our mutual customers," said Michael Moore, vice president of corporate engineering at Oshkosh. "This collaboration continues to build on our long history of partnership and innovation with Allison."
PRCH

Hot Stocks

16:08 EST Porch Group gets $25M with strategic agreement with Aon - Porch Group "announced it signed a strategic business collaboration agreement with Aon Corp. and Aon Re, Inc. to provide a variety of services to Porch Group companies, resulting in payments to Porch of approximately $25 million upfront and an expected approximately $5 million over the following four years. Aon Re, Inc. is a leading reinsurance broker and provides a wide variety of services for insurance and non-insurance companies. Reinsurance brokers are specialists who arrange reinsurance coverage for insurance companies. Porch was seeking a strong partner who could both deliver strong outcomes with reinsurance placements and importantly, provide other services across Porch Group such as data modeling and more. Aon and Porch Group will work together to place 2024 reinsurance coverage at the upcoming renewal on April 1, 2024."
BTMD

Hot Stocks

16:07 EST Biote announces $20M share repurchase authorization - Biote Corp. announced that its Board of Directors has approved a $20M share repurchase program of the company's common stock. This approval grants Biote's management the authority to repurchase outstanding shares of the company's common stock, from time to time, in the open market, in privately negotiated transactions and/or by such other means in accordance with applicable state and federal securities laws. This is the company's first authorization for share repurchases. Terry Weber, Biote's Chief Executive Officer, commented, "As we continue to advance our strategic objectives and position Biote to become the leader in evidence-based therapeutic wellness, we remain confident in our growth opportunity and the outlook for our business. We believe that now is an ideal time to initiate a substantial share repurchase authorization. Supported by our strong balance sheet, we believe opportunistic share repurchases represent an efficient use of capital that can benefit our shareholders."
AROC

Hot Stocks

16:04 EST Archrock increases quarterly cash dividend 6.5% to 16.5c per share - Archrock announced that its board of directors has declared an increased quarterly dividend of 16.5c per share of common stock, or 66c per share on an annualized basis. The fourth quarter 2023 dividend will be paid on February 13 to all stockholders of record on February 6. The fourth quarter 2023 dividend per share amount represents an increase of 6.5% over the Archrock third quarter 2023 dividend level and an increase of 10% over the Archrock fourth quarter 2022 dividend level.
INTC

Hot Stocks

16:04 EST Intel down 7% after Q1 guidance misses expectations - Shares of Intel are down $3.30, or 7%, to $46.25 in after-hours trading.
TMUS

Hot Stocks

16:04 EST T-Mobile down 3% at $157.49 afterhours following Q4 results and guidance
INTC

Hot Stocks

16:03 EST Intel says 'on track to meet goal of achieving five nodes in four years' - Intel said: "Intel remains on track to meet its goal of achieving five nodes in four years and regain transistor performance and power performance leadership by 2025. Intel 3 became Intel's first advanced node offered to IFS customers, with solid performance and yield progression. Aimed at addressing challenges beyond Intel 18A, Intel began installation of the industry's first on-site High-NA EUV tool in Oregon, one of the world's leading semiconductor innovation and productization centers."
FRHC

Hot Stocks

16:02 EST Freedom Holding announces completion of external review into short report - Freedom Holding Corp. announced the conclusion of an external review commissioned by the independent members of its board of directors. The external review was into wide-ranging allegations made about the Company and its business in an August 15, 2023 report published by Hindenburg Research, an activist short-selling firm which disclosed having a short position in the Company's shares. Following the publication of the Hindenburg Report, although the Company believed the allegations were meritless and the independent directors have full confidence in the Company and its business model, the independent members of the Company's board of directors decided that it was in the best interests of the Company and its shareholders to conduct an external review of the allegations set out in the Hindenburg Report. The external review found generally that the allegations in the Hindenburg Report did not take account of important facts and were not supported by evidence. In particular, the findings of the external review included the following: The Company's growth in recent years was mainly attributable to organic growth (including increases in the number of customers and increased trading volume by customers), acquisitions and gains and income from trading securities, as described in the Company's reports filed with the SEC and as indicated in its audited financial statements. The growth was not the result of manipulative or otherwise illegal or improper business practices. The Company has robust global and local sanctions and anti-money laundering ("AML") procedures, controls and policies in place, which are implemented through its business and compliance personnel. There was no evidence identified of sanctions evasion or dealing with sanctioned oligarchs. While certain of the Company's non-US subsidiaries have had dealings with certain sanctioned banks and individuals, a fact which the Company has publicly disclosed, those dealings did not involve any material violations of US, EU, UK, or other sanctions. There was no evidence identified of client accounts being funded with cryptocurrencies or physical cash, other than cash deposits made by existing customers at the Bank Freedom Finance Kazakhstan JSC retail banking counter subject to standard AML checks. There was no evidence identified that the Company has engaged in market manipulation of its own stock or in respect of its holdings of Kazakhstan Sustainability Fund bonds. The Company's holdings of fixed coupon Kazakhstan Sustainability Fund bonds do currently have a negative carry, as is alleged, but are held as part of a deliberate and legitimate trading strategy which is anticipated to be profitable as a result of future interest rate movements. The Company maintains policies, procedures and controls for the business dealings between its Cyprus subsidiary, Freedom Finance Europe Limited, and FST Belize, including with regard to anti-money laundering compliance and sanctions compliance. There was no evidence identified to support the allegations made in the Hindenburg Report that the Company engaged in transactions with FST Belize in order to generate "fake" or inflated revenue. The Company's former Russian subsidiaries were sold in a valid sale transaction and there is no evidence to support continuing control by the Company or the Company's CEO Timur Turlov of the Russian companies following that sale. The Company's brokerage clients were not required to purchase the Company's stock in order to receive allocations of shares in US IPOs or to participate in a program to acquire shares from US IPOs in the secondary market at or near the IPO share price. The Company has accepted the results of the external review and, in particular, welcomes the finding that it has robust global and local sanctions and AML procedures, controls and policies in place. As part of its commitment to strong governance and compliance the Company asked the external review team to recommend any enhancements that could be made to such procedures, controls and policies based on their review. In response, and in conjunction with delivering its findings, the external review team has recommended certain further enhancements, and the Company's board of directors has accepted those recommendations. Senior management of the Company, including the Vice President of Compliance, have already begun to implement them."
FRHC

Hot Stocks

16:02 EST Freedom Holding announces completion of external review into short report - Freedom Holding Corp. announced the conclusion of an external review commissioned by the independent members of its board of directors. The external review was into wide-ranging allegations made about the Company and its business in an August 15, 2023 report published by Hindenburg Research, an activist short-selling firm which disclosed having a short position in the Company's shares. Following the publication of the Hindenburg Report, although the Company believed the allegations were meritless and the independent directors have full confidence in the Company and its business model, the independent members of the Company's board of directors decided that it was in the best interests of the Company and its shareholders to conduct an external review of the allegations set out in the Hindenburg Report. The external review found generally that the allegations in the Hindenburg Report did not take account of important facts and were not supported by evidence. In particular, the findings of the external review included the following: The Company's growth in recent years was mainly attributable to organic growth (including increases in the number of customers and increased trading volume by customers), acquisitions and gains and income from trading securities, as described in the Company's reports filed with the SEC and as indicated in its audited financial statements. The growth was not the result of manipulative or otherwise illegal or improper business practices. The Company has robust global and local sanctions and anti-money laundering ("AML") procedures, controls and policies in place, which are implemented through its business and compliance personnel. There was no evidence identified of sanctions evasion or dealing with sanctioned oligarchs. While certain of the Company's non-US subsidiaries have had dealings with certain sanctioned banks and individuals, a fact which the Company has publicly disclosed, those dealings did not involve any material violations of US, EU, UK, or other sanctions. There was no evidence identified of client accounts being funded with cryptocurrencies or physical cash, other than cash deposits made by existing customers at the Bank Freedom Finance Kazakhstan JSC retail banking counter subject to standard AML checks. There was no evidence identified that the Company has engaged in market manipulation of its own stock or in respect of its holdings of Kazakhstan Sustainability Fund bonds. The Company's holdings of fixed coupon Kazakhstan Sustainability Fund bonds do currently have a negative carry, as is alleged, but are held as part of a deliberate and legitimate trading strategy which is anticipated to be profitable as a result of future interest rate movements. The Company maintains policies, procedures and controls for the business dealings between its Cyprus subsidiary, Freedom Finance Europe Limited, and FST Belize, including with regard to anti-money laundering compliance and sanctions compliance. There was no evidence identified to support the allegations made in the Hindenburg Report that the Company engaged in transactions with FST Belize in order to generate "fake" or inflated revenue. The Company's former Russian subsidiaries were sold in a valid sale transaction and there is no evidence to support continuing control by the Company or the Company's CEO Timur Turlov of the Russian companies following that sale. The Company's brokerage clients were not required to purchase the Company's stock in order to receive allocations of shares in US IPOs or to participate in a program to acquire shares from US IPOs in the secondary market at or near the IPO share price. The Company has accepted the results of the external review and, in particular, welcomes the finding that it has robust global and local sanctions and AML procedures, controls and policies in place. As part of its commitment to strong governance and compliance the Company asked the external review team to recommend any enhancements that could be made to such procedures, controls and policies based on their review. In response, and in conjunction with delivering its findings, the external review team has recommended certain further enhancements, and the Company's board of directors has accepted those recommendations. Senior management of the Company, including the Vice President of Compliance, have already begun to implement them."
ZJYL

Hot Stocks

16:00 EST Jin Medical International Ltd trading resumes
AMZN

Hot Stocks

15:56 EST Amazon Web Services plans to ivnest $10B in Mississippi - Amazon Web Services said it plans to invest $10B to build two data center complexes, marking the single largest capital investment in Mississippi's history. In coordination with the Madison County Economic Development Authority, AWS will establish multiple data center complexes in two Madison County industrial parks, which is projected to create at least 1,000 new jobs in the Magnolia State. "Since 2011, AWS has invested more than $108 billion in its infrastructure across the U.S. to support customers of all kinds, and across all industries, in their digital transformation," said Roger Wehner, AWS director of economic development. "Building on this, we are excited to expand our operations into Mississippi through this planned $10 billion investment, which will tap into the burgeoning tech sector across the state to create new, well-paying jobs and boost the state's Gross Domestic Product each year. We look forward to delivering new workforce development opportunities and educational programs that support the next generation of talent across the Magnolia State." Reference Link
ZJYL

Hot Stocks

15:49 EST Jin Medical International Ltd trading halted, volatility trading pause
ASB

Hot Stocks

15:45 EST Associated Banc-Corp sees FY24 NII growth 2%-4% - Sees FY24 core customer deposit growth of 3% to 5% on an end of period basis as compared to the year ended December 31, 2023. Sees FY24 total loan growth of 4% to 6% on an end of period basis as compared to the year ended December 31, 2023. Sees FY24 noninterest income down 0% to 2%.
BP EQNR

Hot Stocks

15:18 EST BP to take ownership of Equinor's 50% stake in Beacon Wind US offshore projects - BP (BP) and Equinor (EQNR) announced an agreement to restructure the ownership of their joint U.S. offshore wind projects which, following completion, will result in BP taking ownership of Equinor's 50% stake in the Beacon Wind 1 and 2 projects and Equinor taking ownership of BP's 50% stake in the Empire Wind 1 and 2 projects. In addition, BP agrees to take ownership of Equinor's 50% interest in the Astoria Gateway for Renewable Energy site and, subject to certain future conditions, Equinor agrees to take ownership of bp's 50% interest in the South Brooklyn Marine Terminal. BP will take ownership of Equinor's 50% stake in the Beacon Wind US offshore wind projects, located in federal waters between Cape Cod, Massachusetts, and Long Island, New York. Beacon Wind 1 and 2 have the combined potential to deliver renewable energy to over 2 million consumers in the northeastern U.S. Meanwhile, Equinor will take ownership of BP's 50% stake in the Empire Wind US offshore wind projects, located 15-30 miles southeast of Long Island. Previously, BP and Equinor each held a 50% stake in the Beacon and Empire offshore wind projects. Under the new agreement, the companies will work independently to develop their wholly owned projects. The pair have also agreed with the New York State Energy Research and Development Authority, or NYSERDA, to terminate the Offshore Wind Renewable Energy Certificate Purchase and Sale Agreement for the Beacon Wind 1 project. "The agreement aims to help each company optimize their development strategies, strengthen their positions in the US offshore wind market and continue supporting the energy transition," BP stated. Reference Link
GM

Hot Stocks

15:11 EST GM's Cruise accepts Quinn Emanuel's conclusions on October 2 incident - GM's Cruise said it is releasing the Quinn Emanuel Urquhart & Sullivan report regarding the October 2, 2023 incident in San Francisco and Cruise's subsequent interactions with regulators and the media. "The Quinn Emanuel report makes important findings, conclusions, and recommendations regarding these events, which arose from an incident in which a hit-and-run driver tragically struck a pedestrian and launched her into the lane of travel of a Cruise AV, which unavoidably struck her," the company said. "The Cruise AV, determining the collision to be a side impact with the pedestrian rather than frontal, pulled forward approximately 20 feet and dragged the individual in the process. This sequence of events caused serious injury. The hearts of all Cruise employees continue to be with the pedestrian and we hope for her ongoing recovery. On October 24, 2023, the California Department of Motor Vehicles (DMV) suspended Cruise's driverless permit, stating in part that Cruise failed to disclose in a meeting on the morning after the incident that the Cruise AV had pulled forward after the initial impact and dragged the pedestrian. Following suspension of the permit and review of the DMV's order, as previously announced, Cruise retained the law firm Quinn Emanuel to conduct a third-party review into the events of October 2 and Cruise's subsequent interactions with regulators and the media. Cruise also hired the engineering consulting firm Exponent Inc. to conduct a root cause analysis of the October 2 incident. We are now making public the full Quinn Emanuel report and a cover letter sent to regulators. Understanding exactly where Cruise fell short will help both Cruise and the industry learn from the incident, strengthen protocols, and improve technology." Cruise said it accepts Quinn Emanuel's conclusions and will act on all of their recommendations. "We acknowledge that we have failed to live up to the justifiable expectations of regulators and the communities we serve," the company noted. "In doing so, we also fell woefully short of our own expectations. We are profoundly remorseful both for the injuries to the pedestrian, as well as for breaching the trust of our regulators, the media, and the public. We are fully cooperating with the state and federal regulatory and enforcement agencies which have opened investigations or inquiries in connection with the incident, including the California DMV, the California Public Utilities Commission, the National Highway Traffic Safety Administration, the U.S. Department of Justice, and the U.S. Securities and Exchange Commission." Reference Link
GOL

Hot Stocks

15:11 EST Gol Linhas, subsidiaries initiated voluntary U.S. bankruptcy reorganization - In a regulatory filing, GOL Linhas Aereas Inteligentes S.A. disclosed that the company announced that GOL and its subsidiaries have initiated voluntary reorganization proceedings under Chapter 11 of the United States Bankruptcy Code, or "Chapter 11," in the United States Bankruptcy Court for the Southern District of New York and issued a press release in connection therewith. "GOL and its filing subsidiaries and affiliates intend to continue to operate their businesses as 'debtors in possession' under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code during the pendency of the Chapter 11 process," the company stated. "GOL enters the U.S. legal process with a financing commitment for US$950 million in new debtor-in-possession financing from members of the Ad Hoc Group of Abra Bondholders, as well as certain other Abra bondholders. The Company will seek access to this funding as part of its First Day hearing in the coming days. The financing is subject to court approval and, along with cash generated from ongoing operations, will provide substantial liquidity to support operations in the normal course during the Chapter 11 process. With the support of the court-supervised process and the additional liquidity from the DIP financing, GOL's passenger flights, its GOLLOG cargo flights, Smiles Loyalty program and other company operations are continuing in the normal course. The Company will continue providing safe and reliable air travel service at a low cost, providing the best travel experience to its customers. Customers will be able to continue to arrange travel and fly in the same manner they always have, including the use of tickets and vouchers, and the accrual, purchase and use of miles earned through Smiles. GOL's codeshare and interline agreements will also continue to be available to customers," the company added.
SR

Hot Stocks

15:02 EST Spire elects Rob Jones as board chair - The board of directors of Spire announced that it has elected Rob Jones as board chair, effective January 25. Jones, who has been a member of Spire's board of directors since 2016, succeeds Ed Glotzbach, who retired after serving as board chair since 2015 and a board member since 2005.
GOL

Hot Stocks

14:48 EST GOL Linhas trading halted, news pending
REGN SNY

Hot Stocks

14:30 EST Regeneron, Sanofi say FDA approves Dupixent for pediatric patients - Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced that the U.S. Food and Drug Administration has approved Dupixent for the treatment of pediatric patients aged 1 to 11 years, weighing at least 15 kg, with eosinophilic esophagitis. Dupixent is now the first and only medicine approved in the U.S. specifically indicated to treat these patients. This approval expands the initial FDA approval for EoE in May 2022 for patients aged 12 years and older, weighing at least 40 kg. The FDA evaluated Dupixent for this expanded indication under Priority Review, which is reserved for medicines that represent potentially significant improvements in efficacy or safety in treating serious conditions. EoE is a chronic, progressive disease associated with type 2 inflammation that is thought to be responsible for damaging the esophagus and impairing its function. EoE can severely impact a child's ability to eat, and they may experience heartburn, vomiting, abdominal discomfort, trouble swallowing, food refusal and failure to thrive. These symptoms can adversely impact their growth and development. Continuous treatment of EoE may be needed to reduce the risk of complications and disease progression. Approximately 21,000 children under the age of 12 in the U.S. are currently being treated for EoE with unapproved therapies. However, the actual prevalence of children with this disease is likely higher, given symptoms can be mistaken for other conditions and there are delays in diagnosis. "Young children are some of the most vulnerable patients with eosinophilic esophagitis, or EoE, as this debilitating and progressive disease threatens their basic ability to eat. Until today, these children had no approved treatment options specifically for EoE, leaving many with unapproved medicines that failed to target the root cause of their disease," said George D. Yancopoulos, M.D., Ph.D., Board co-Chair, President and Chief Scientific Officer at Regeneron, and a principal inventor of Dupixent. "With this approval, Dupixent becomes the first and only treatment option for EoE patients aged 1 and older, weighing at least 15 kg. By targeting the underlying type 2 inflammation that contributes to this disease, Dupixent has the potential to transform the standard of care for these children as it has for adults and adolescents with EoE."
VNDA

Hot Stocks

13:09 EST Vanda announces publication of journal article on Tradipitant study - Vanda Pharmaceuticals announced the publication of an article titled "The Efficacy of Tradipitant in Patients with Diabetic and Idiopathic Gastroparesis in Phase III Randomized Placebo-Controlled Clinical Trial" in the Clinical Gastroenterology and Hepatology Journal, which follows a previously published study of tradipitant in the treatment of gastroparesis in 2021. "The findings of this pivotal phase III study are included in the New Drug Application for tradipitant in the treatment of gastroparesis in adults submitted to the U.S. Food and Drug Administration. The FDA has set a Prescription Drug User Fee Act target action date of September 18, 2024 for its decision," the company stated.
AAPL

Hot Stocks

13:04 EST Apple announces new options for using PSPs, new iOS frameworks - Apple said that, as part of changes to iOS, Safari, and the App Store impacting developers' apps in the European Union to comply with the Digital Markets Act, changes to iOS include new options for distributing iOS apps from alternative app marketplaces; new framework and APIs for creating alternative app marketplaces; new frameworks and APIs for alternative browser engines, and; interoperability request form. As announced by the European Commission, Apple is also sharing DMA-compliant changes impacting contactless payments. That includes new APIs enabling developers to use NFC technology in their banking and wallet apps throughout the European Economic Area. And in the EU, Apple is introducing new controls that allow users to select a third-party contactless payment app - or an alternative app marketplace - as their default. Today, iOS users already have the ability to set a third-party web browser - other than Safari - as their default. Reflecting the DMA's requirements, Apple is also introducing a new choice screen that will surface when users first open Safari in iOS 17.4 or later. That screen will prompt EU users to choose a default browser from a list of options. This change is a result of the DMA's requirements, and means that EU users will be confronted with a list of default browsers before they have the opportunity to understand the options available to them. The screen also interrupts EU users' experience the first time they open Safari intending to navigate to a webpage. In terms of the App Store, changes for developers include: new options for using payment service providers; new options for processing payments via link-out; and business planning tools.
AAPL

Hot Stocks

13:03 EST Apple announces new business terms for developers' apps in EU - Also today, Apple is sharing new business terms available for developers' apps in the European Union. Developers can choose to adopt these new business terms, or stay on Apple's existing terms. Developers must adopt the new business terms for EU apps to use the new capabilities for alternative distribution or alternative payment processing. Developers operating under either set of business terms can continue to use the App Store's secure payment processing and share their apps on the App Store in the EU. And both sets of business terms reflect Apple's long-standing work to make the app ecosystem the best opportunity for all developers. The new business terms for apps in the EU are necessary to support the DMA's requirements for alternative distribution and payment processing. That includes a fee structure that reflects the many ways Apple creates value for developers' businesses - including distribution and discovery on the App Store, the App Store's secure payment processing, Apple's trusted and secure mobile platform, and all the tools and technology to build and share innovative apps with users around the world. Developers operating under the new business terms will have the option to distribute their iOS apps from the App Store and/or alternative app marketplaces. These developers can also choose to use alternative payment processors in their EU apps on the App Store, across Apple's operating systems. The new business terms for iOS apps in the EU have three elements: reduced commission, payment processing fee, and core technology fee.
AAPL

Hot Stocks

13:01 EST Apple announces changes to iOS, Safari, App Store in EU - Apple announced changes to iOS, Safari, and the App Store impacting developers' apps in the European Union to comply with the Digital Markets Act. The changes include more than 600 new APIs, expanded app analytics, functionality for alternative browser engines, and options for processing app payments and distributing iOS apps. Across every change, Apple is introducing new safeguards that reduce - but don't eliminate - new risks the DMA poses to EU users. With these steps, Apple will continue to deliver the best, most secure experience possible for EU users, the company said. The new options for processing payments and downloading apps on iOS open new avenues for malware, fraud and scams, illicit and harmful content, and other privacy and security threats. That's why Apple is introducing protections - including Notarization for iOS apps, an authorization for marketplace developers, and disclosures on alternative payments - to reduce risks and deliver the best, most secure experience possible for users in the EU. Even with these safeguards in place, many risks remain. Developers can learn about these changes on the Apple Developer Support page and can begin testing new capabilities today in the iOS 17.4 beta. The new capabilities will become available to users in the 27 EU countries beginning in March 2024. "The changes we're announcing today comply with the Digital Markets Act's requirements in the European Union, while helping to protect EU users from the unavoidable increased privacy and security threats this regulation brings. Our priority remains creating the best, most secure possible experience for our users in the EU and around the world," said Phil Schiller, Apple Fellow. "Developers can now learn about the new tools and terms available for alternative app distribution and alternative payment processing, new capabilities for alternative browser engines and contactless payments, and more. Importantly, developers can choose to remain on the same business terms in place today if they prefer."
PYPL

Hot Stocks

12:51 EST PayPal lower as company announces six new AI innovations - Shares of PayPal are down $2.98, or nearly 5%, to $60.04 in afternoon trading as the company announced six new innovations the company is piloting and bringing to market this year to "revolutionize commerce through artificial intelligence driven personalization for both merchants and consumers." The company stated: "During the PayPal First Look keynote, Alex Chriss, President and CEO, introduced: a completely new PayPal checkout experience that radically speeds up check out for consumers and helps merchants convert transactions like never before; Fastlane by PayPal, a dramatically faster and smarter guest checkout experience; Smart Receipts, giving customers AI-personalized recommendations from merchants to keep them coming back; the PayPal advanced offers platform so merchants can provide relevant, personalized, real-time offers to consumers and drive more sales; a reinvented PayPal consumer app giving shoppers new ways to earn cash back and more reasons to use PayPal; and, Venmo's enhanced business profiles, so small businesses can find and engage new customers, and grow their businesses." President and CEO Alex Chriss added: "With nearly 400 million consumer accounts, and 35 million merchant accounts, PayPal handles transactions for about a quarter of the world's e-commerce transactions each year, but more importantly, shoppers trust PayPal to power their payments. PayPal is introducing six new innovations that will not only solve real customer pain points, but we believe will change the world of payments and commerce. From new solutions for merchants to speed up checkout and personalize offers, to a new consumer app that will give our loyal customers more reasons to shop with PayPal, to the next generation of Venmo designed to be the growth platform for local small businesses, PayPal has always brought the future of money to our consumers and merchants and today marks the next revolution."
LUV

Hot Stocks

12:51 EST Southwest 'pleased' with overall demand for business
LUV

Hot Stocks

12:48 EST Southwest says balance sheet strength continues to be financial backbone
LUV

Hot Stocks

12:44 EST Southwest 'not satisfied' with current financial performance - Says seeing "significant" inflationary pressures from recent labor agreements. Says ROIC ahead of WAC the company's achievement "north star." Says not satisfied with current financial performance. Says has "solid" 2024 plan. Comments taken from Q4 earnings conference call.
PYPL

Hot Stocks

12:42 EST PayPal down 4% as company hosts innovations preview event - PayPal shares are down about 4% to $60.55 in afternoon trading as the company hosts an event to provide an exclusive preview "of the first innovations PayPal and Venmo are piloting and bringing to market this year." The "PayPal First Look" webcast is a keynote hosted by Alex Chriss, PayPal President and CEO, who previously had said in announcing the event: "Twenty-five years ago, at the dawn of the internet, PayPal was created and e-commerce was born - fast forward through decades of innovation and unimaginable growth, PayPal is leading the way to provide safe, secure experiences to customers around the world. I invite you to join us on January 25th to hear about the next chapter of PayPal and how we're going to revolutionize commerce again through AI-driven personalization for both consumers and merchants." Reference Link
J

Hot Stocks

12:29 EST Jacobs boosts quarterly dividend to 29c from 26c per share - The board of Jacobs declared a quarterly cash dividend payable to shareholders in the amount of 29c per share of Jacobs common stock, an increase of 11.5% from its previous quarterly dividend of 26c. This dividend will be paid on March 22, to shareholders of record as of the close of business on February 23.
MSFT...

Hot Stocks

12:27 EST Microsoft, Amazon, Alphabet receive order from FTC for AI information - The Federal Trade Commission announced that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative artificial intelligence companies and major cloud service providers. The agency's inquiry "will scrutinize corporate partnerships and investments with AI providers to build a better internal understanding of these relationships and their impact on the competitive landscape." The compulsory orders were sent to Alphabet (GOOG, GOOGL), Amazon.com (AMZN), Anthropic PBC, Microsoft (MSFT), and OpenAI. The FTC issued its orders under Section 6(b) of the FTC Act, which authorizes the Commission to conduct studies that allow enforcers to gain a deeper understanding of market trends and business practices. "History shows that new technologies can create new markets and healthy competition. As companies race to develop and monetize AI, we must guard against tactics that foreclose this opportunity, "said FTC Chair Lina M. Khan. "Our study will shed light on whether investments and partnerships pursued by dominant companies risk distorting innovation and undermining fair competition."
GOOG GOOGL

Hot Stocks

12:25 EST FTC issued orders to five companies for generative AI information - The Federal Trade Commission announced that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative artificial intelligence companies and major cloud service providers. The agency's inquiry "will scrutinize corporate partnerships and investments with AI providers to build a better internal understanding of these relationships and their impact on the competitive landscape." The compulsory orders were sent to Alphabet (GOOG, GOOGL), Amazon.com (AMZN), Anthropic PBC, Microsoft (MSFT), and OpenAI. The FTC issued its orders under Section 6(b) of the FTC Act, which authorizes the Commission to conduct studies that allow enforcers to gain a deeper understanding of market trends and business practices. "History shows that new technologies can create new markets and healthy competition. As companies race to develop and monetize AI, we must guard against tactics that foreclose this opportunity, "said FTC Chair Lina M. Khan. "Our study will shed light on whether investments and partnerships pursued by dominant companies risk distorting innovation and undermining fair competition." Reference Link
SONY

Hot Stocks

12:20 EST Sony says 'Horizon Forbidden West' releases on PC March 21 - Sony said that video game "Horizon Forbidden West: Complete Edition" will be releasing for PC on March 21. The 2022 title "Horizon Forbidden West" originally released on PlayStation 4 and PlayStation 5 alone. "Horizon Forbidden West Complete Edition on PC features unlocked frame rates, customizable graphics settings and a broad range of performance-enhancing technologies, including NVIDIA DLSS 3 upscaling and frame generation. AMD FSR and Intel XeSS are also supported," the company said. "For players with high-end hardware and extra headroom, image-enhancing NVIDIA DLAA is also available. The game leverages DirectStorage for quick loading times on PC."
ADT

Hot Stocks

12:01 EST ADT Inc. rises 11.5% - ADT Inc. is up 11.5%, or 71c to $6.89.
URI

Hot Stocks

12:00 EST United Rentals rises 12.6% - United Rentals is up 12.6%, or $72.56 to $649.46.
IBM

Hot Stocks

12:00 EST IBM rises 12.8% - IBM is up 12.8%, or $22.30 to $196.22.
LPL

Hot Stocks

12:00 EST LG Display falls -10.8% - LG Display is down -10.8%, or -56c to $4.58.
HUM

Hot Stocks

12:00 EST Humana falls -12.5% - Humana is down -12.5%, or -$50.14 to $352.26.
HZO

Hot Stocks

12:00 EST MarineMax falls -18.9% - MarineMax is down -18.9%, or -$6.28 to $26.92.
CYH

Hot Stocks

11:49 EST FTC sues to block sale of two Community Health hospitals - The Federal Trade Commission sued to block Novant Health's acquisition of two North Carolina hospitals from Community Health Systems. The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the proposed acquisition, alleging that Novant Health's proposed deal to acquire Lake Norman Regional Medical Center and Davis Regional Medical Center from CHS "threatens to raise prices and reduce incentives to invest in quality and innovative care that would benefit patients." Reference Link
CTAS

Hot Stocks

11:02 EST Cintas appoints Beverly Carmichael to board of directors - Cintas Corporation appointed Beverly Carmichael to its Board of Directors, effective immediately. This appointment expands Cintas' Board to 11 Directors. Most recently, she served as the Executive Vice President, Chief People, Culture and Resource Officer at Red Robin Gourmet Burgers.
META

Hot Stocks

10:51 EST Meta to establish new $800M data center campus in Indiana - Governor Eric Holcomb, board chairman for the Indiana Economic Development Corporation, joined executives of Meta Platforms as the company announced plans to establish a new $800M data center campus in Indiana. The nearly 700,000-square-foot facility at the River Ridge Commerce Center in Jeffersonville, which will be the company's 18th in the U.S. and 22nd in the world, will "be an important part of the global infrastructure that brings Meta technologies and services to billions of people around the world," the Office of Governor Eric Holcomb stated. Meta is starting construction this month and expects the data center to be operational in 2026. In addition to the 100 operational jobs, the company also expects to support more than 1,250 jobs at peak construction. Governor Eric Holcomb stated: "Indiana's efforts to cultivate industries of the future are already paying dividends for Hoosiers, attracting growth in critical sectors like data storage, semiconductors, energy and electric vehicles. We're excited to welcome Meta to Indiana and look forward to the company's partnership in growing Jeffersonville and the southeast Indiana region."
MSFT

Hot Stocks

10:35 EST Eviden, Microsoft announce five-year strategic partnership - Eviden, the Atos Group business leading in digital, cloud, big data, and security, and Microsoft announced a five-year strategic partnership that "significantly expands their existing collaboration with new and innovative Microsoft Cloud and AI-powered solutions for industries." The company stated: "This announcement is part of Eviden's overall partnership & alliance strategy to reinforce and reshape its global partnership network by strengthening its existing partner relationships and fostering new ones. The partnership between Microsoft and Eviden marks a significant milestone in their shared vision to drive digital transformation and empower businesses with advanced technologies. Under this strategic partnership, both companies will co-develop and deploy transformative Data & AI, Copilot, and cloud transformation solutions. By combining Microsoft's expertise in cloud computing and industry-leading technology stack with Eviden's deep domain expertise and customer-centric approach, this collaboration will deliver tailored and innovative solutions to address the complex challenges today's enterprises face. Both organizations are committed to driving an additional $2.8B in Cloud Service Business for Eviden over the next five years."
EPIX

Hot Stocks

10:02 EST Essa Pharma: Masofaniten, enzalutamide continue to be well tolerated - ESSA Pharma announced the presentation of updated dose escalation data from its Phase 1/2 study evaluating masofaniten, formerly EPI-7386, in combination with enzalutamide at the 2024 ASCO Genitourinary Cancers Symposium, taking place January 25 - 27, 2024, in San Francisco, CA. Masofaniten is a first-in-class N-terminal domain androgen receptor inhibitor that suppresses androgen activity through a novel mechanism of action and is being developed for the treatment of prostate cancer. This Phase 1/2 multicenter, open-label clinical trial enrolled patients with mCRPC who have received androgen deprivation therapy and who are naive to second-generation antiandrogens but may have been treated previously with one line of prior chemotherapy in the metastatic hormone-sensitive prostate cancer setting. The data presented today include 18 patients across four cohorts in the Phase 1 dose escalation portion of the study. Masofaniten has no effect on enzalutamide exposure, thus allowing the use of full dose per label of enzalutamide in combination. Enzalutamide reduces masofaniten exposure but twice daily dosing of masofaniten appears to mitigate the reduction and maintains clinically relevant drug exposures.In patients evaluable for safety, masofaniten combined with enzalutamide, continues to be well-tolerated at the dose levels tested through 25 cycles of dosing in some patients. Most frequent adverse events were Grades 1 and 2, related to either AR inhibition or gastrointestinal tract irritation. In Cohort 4, one patient experienced a Grade 3 rash, which was observed immediately following administration of masofaniten combined with enzalutamide and deemed probably related, resulting in the expansion of the cohort from four to seven patients. No additional dose-limiting toxicities were observed, therefore the maximum tolerated dose was not reached. The recommended Phase 2 combination doses were identified as masofaniten 600 mg twice daily in combination with enzalutamide 160 mg once daily. In the patients evaluable for efficacy, rapid, deep and durable reductions in PSA were observed, regardless of previous chemotherapy status, including in patients who received lower than the full dose of enzalutamide. Across all dose cohorts, 88% of patients achieved PSA50, 81% of patients achieved PSA90, 69% of patients achieved PSA90 in less than 90 days, and 63% of patients achieved PSA less than0.2ng/mL. While the data for disease PSA progression are still maturing with a current median follow up of 11.1 months, the median time to PSA progression is at 16.6 months.The randomized, open-label, two arm, Phase 2 dose expansion portion of the study is underway and is designed to evaluate the combination of masofaniten and enzalutamide versus single agent enzalutamide in patients with mCRPC naive to second generation anti-androgens. The study is currently enrolling at approximately 25 sites in the USA, Canada and Australia. Expansion to European sites is in progress.
QGEN

Hot Stocks

10:02 EST Qiagen partners with Penn State to advance microbiome sciences - QIAGEN announced a first-in-kind collaboration with Penn State University in the United States to create a shared research and education facility for the fast-developing microbiome sciences. The university-industry partnership will serve as a beacon for this field by investigating research opportunities that address challenges and research gaps facing the microbiome, which involves the research into a community of microorganisms that can be found living together in any given environment, including the human body. In doing so, this new partnership will provide QIAGEN with a site to support the development of new products as a testing center. It is also designed to provide vital industry research and training opportunities for next-generation scientists. This includes an internship program for graduate students from Penn State at QIAGEN laboratories at the European operational headquarters in Hilden, Germany, and helps them prepare for careers in the biotechnology industry.
IBM

Hot Stocks

10:00 EST IBM rises 10.6% - IBM is up 10.6%, or $18.36 to $192.29.
NOK

Hot Stocks

10:00 EST Nokia rises 10.7% - Nokia is up 10.7%, or 36c to $3.77.
ADT

Hot Stocks

10:00 EST ADT Inc. rises 11.7% - ADT Inc. is up 11.7%, or 72c to $6.90.
LPL

Hot Stocks

10:00 EST LG Display falls -9.3% - LG Display is down -9.3%, or -48c to $4.66.
HUM

Hot Stocks

10:00 EST Humana falls -11.7% - Humana is down -11.7%, or -$47.16 to $355.24.
HZO

Hot Stocks

10:00 EST MarineMax falls -14.5% - MarineMax is down -14.5%, or -$4.80 to $28.40.
NOC

Hot Stocks

09:56 EST Northrop Grumman expects sales to 'ramp' through 2024 - Expects CapEx to "moderate" in FY25 and beyond.
JL

Hot Stocks

09:48 EST J-Long Group Ltd trading resumes
LPL

Hot Stocks

09:48 EST LG Display falls -9.5% - LG Display is down -9.5%, or -49c to $4.65.
HUM

Hot Stocks

09:48 EST Humana falls -11.7% - Humana is down -11.7%, or -$47.28 to $355.12.
HZO

Hot Stocks

09:47 EST MarineMax falls -17.2% - MarineMax is down -17.2%, or -$5.71 to $27.49.
ADT

Hot Stocks

09:47 EST ADT Inc. rises 9.9% - ADT Inc. is up 9.9%, or 61c to $6.79.
NOK

Hot Stocks

09:47 EST Nokia rises 10.1% - Nokia is up 10.1%, or 34c to $3.75.
RMD

Hot Stocks

09:47 EST ResMed rises 10.4% - ResMed is up 10.4%, or $17.81 to $189.59.
RVSN

Hot Stocks

09:39 EST Rail Vision Ltd trading resumes
JL

Hot Stocks

09:38 EST J-Long Group Ltd trading halted, volatility trading pause
RVSN

Hot Stocks

09:34 EST Rail Vision Ltd trading halted, volatility trading pause
HNRA

Hot Stocks

09:34 EST HNR Acquisition expands oil price hedging program - HNR Acquisition announces the expansion of its oil price hedging program. The hedging strategy of the Company is to maintain a sufficient level of pricing hedges for sales of oil production to cover debt service requirements, and a base level of operating expenses in the event oil prices were to decrease dramatically. The level of pricing hedges for future oil production is targeted to responsibly balance the coverage protection for downward market fluctuations with the potential benefit from upward market fluctuations on current and future-expansion of oil production . HNRA's hedging program is based on a rolling two-year period where the Company reviews, on a rolling three-to-six-month basis, the level that is hedged as additional oil production comes online. If there are dramatic increases in oil prices, the Company will evaluate the benefits of adding more hedges to lock in higher sale prices. The Company uses two types of hedging instruments: swaps where the price is fixed regardless of market price; and collars where the price is subject to a minimum floor/put price and a maximum ceiling/call price. The Company's current hedging portfolio consists of approximately 60% swaps and 40% collars.
APD

Hot Stocks

09:31 EST Air Products raises quarterly dividend to $1.77 per share - The dividend is payable on May 13 to shareholders of record at the close of business on April 1. This marks the 42nd consecutive year the company has increased its dividend payment.
CASY

Hot Stocks

09:31 EST Casey's General Stores continues partnership with RAGBRAI - Casey's announced its continued partnership with the world's longest multi-day bicycle touring event, Register's Annual Great Bicycle Ride Across Iowa.
CARV

Hot Stocks

09:30 EST Carver Bancorp meets with Dream Chasers Capital over Share Purchase Agreement - Carver Bancorp's Board of Directors met with Dream Chasers on January 24. The fund made the following ask at its meeting with the Board: that the bank and Dream Chases start the immediate drafting of a Share Purchase Agreement for the acquisition of 35% of the common shares of Carver Bancorp stock; propose a merger between Carver Bancorp and an already identified Wall Street based minority owned broker dealer, a transaction it believes would transform the bank into a more full-service financial service company offering minority communities more wealth building services brokerage account which would give the banks customers the ability to now buy and sell Stocks, Options, Efts , Bonds, and also raise money to finance business start-ups and expansions; award several board seats to Dream Chaser Capital and partners; accept a Stock option buyout grant program for some or all Board members; and appoint certain Dream Chasers recommend personnel to its management team. Dream Chasers gave the Board a definitive period to act. The fund believes "any continued rejectionist, diversionary and obstructionist behavior by the Carver Board to Dream Chasers $3.25 for 35% offer would risk a broad revolution from a large percent of the bank's shareholder base, communities of color watching and even some rank and file and key employees". Dream Chaser suggests "management does not take any anti-dilutive and anti-takeover measures that could be detrimental to shareholders and communities of color".
BETS

Hot Stocks

09:26 EST Bit Brother Limited delivers all equipment to second crypto mining farm - "Bit Brother Limited is pleased to announce that all equipment for the operation of our second cryptocurrency mining farm have been delivered. Due to the extremely cold weather in mid-January in Texas some of the equipment delivery which were expected to be delivered before January 10, 2024 were not delivered until January 19, 2024. As of now, the Company has received an initial batch of approximately 1,400 miners, mining containers, transformers, sound barriers and other equipment required for the operation. The 1400 miners have been installed and tested. Majority of the assembly and testing of the other equipment has been completed. We are preparing for the inspection by the Abilene City and issuance of Certificate of Occupancy. Bit Brother expects to receive the Certificate of Occupancy and commencement of Site 2 in early February 2024."
GPRO

Hot Stocks

09:25 EST GoPro named official action camera of X Games ski + snowboard competition - GoPro announced a partnership with X Games Aspen 2024 to be the official action camera of the elite winter ski and snowboard competition. More than 100 of the biggest names in action sports will compete in front of live crowds in Aspen, Colorado, with an additional 2.4 million viewers tuning in from home across ABC and ESPN broadcasts. GoPro first partnered with X Games using the GoPro HD HERO in the early 2010s. GoPro returns with six athletes competing and the latest HERO12 Black and HERO11 Black Mini cameras to capture and share perspectives of the competition, including GoPro Course Previews. GoPro will also be the presenting sponsor of the Game of SLVSH, an elimination contest. X Games Aspen will take place Jan. 26 to 28 and be aired across ESPN, ESPN2, ABC and live steaming platforms.
FRSX RVSN

Hot Stocks

09:18 EST Foresight Autonomous says Rail Vision secures EU approval, certifications - Foresight Autonomous Holdings (FRSX) announced that its affiliate, Rail Vision (RVSN) has received formal certifications for critical European Union railway standards for its Main Line system. This is an important achievement that underscores Rail Vision's dedication to quality, safety, and innovation in the railway technology market. Foresight owns 10.2% of Rail Vision's outstanding share capital.
JACK

Hot Stocks

09:17 EST Del Taco opens Fresh Flex location in San Bernardino - Del Taco announced the opening of its new Fresh Flex location at 770 W. 5th St, San Bernardino, CA 92410. The company-owned location features the brand's bold, modern design that optimizes operational efficiencies and improves the guest experience.
NOC

Hot Stocks

09:15 EST Northrop Grumman expects to return 'well over 100%' of FCF to holders in 2024 - Plans at least $2B in 2024 share repurchases including initiation of $1B ASR in Q1. Sees FY25 free cash flow $2.85B-$3.25B. Sees FY26 free cash flow $3.1B-$3.5B. Says demand for company's products "remains strong." Says has right portfolio/team to achieve long term targets. Comments taken from Q4 earnings conference call.
SYRA

Hot Stocks

09:13 EST Syra Health receives contract extension from Indiana Veterans' Home - KSyra Health has received a contract extension from the Indiana Veterans' Home to continue to provide its healthcare workforce solutions. The extension brings the total contract amount to $264. Under the extension, Syra Health provides on-demand temporary medical personnel through the end of FY24. The Indiana Veterans' Home provides long-term skilled care to veterans.
SJW

Hot Stocks

09:13 EST SJW Group raises dividend 5.3% to 40c per share - The Board of Directors of SJW Group has declared a quarterly cash dividend of 40c per share payable on March 1 to all shareholders of record at the close of business on Feb. 5 ... The March dividend will represent a 5.3% increase over the dividend paid in December 2023. The 2024 annualized dividend will be $1.60 per share compared with $1.52 per share in 2023. "Today's action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group's mission and employees," said President, Chief Executive Officer and Chair of the Board Eric W. Thornburg. "Our team of trusted, passionate and socially responsible professionals is committed to delivering life-sustaining, high-quality water and exceptional service while protecting the environment, enhancing our communities and delivering value for shareholders."
LEVI

Hot Stocks

09:12 EST Levi Strauss, San Francisco 49ers announce 10-year naming rights extension - Levi Strauss and the San Francisco 49ers announced a proposed 10-year extension to the naming rights for Levi's Stadium with the Santa Clara Stadium Authority and team sponsorship with the San Francisco 49ers, worth a combined $170M, subject to approval by the Stadium Authority Board, expected on Tuesday, January 30. This extension will be among the largest in the National Football League and secures LS&Co. the naming rights for Levi's Stadium through the 2043 NFL season, reaffirming the parties' commitment to the Bay Area as a world-renowned destination for sports and entertainment. LS&Co. will also be extending their sponsorship of the team, which includes digital content and merchandise collaborations, continuing this partnership.
LPLA

Hot Stocks

09:12 EST LPL Financial: Andrew Kutanovski joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisor Andrew Kutanovski, CFP, has joined LPL Financial's broker-dealer, RIA and custodial platforms. He reports serving approximately $160 million in advisory, brokerage and retirement plan assets and transitions to LPL from Corebridge Financial, formerly Valic, a subsidiary of AIG. Hailing from the Chicagoland area from a family of financial service professionals, Kutanovski's early exposure to finance fueled his career path. Beginning his journey as a financial advisor in 2016, and achieving his Certified Financial Planner status in 2020, he rapidly distinguished himself as a committed advisor, offering personalized financial planning and investment advisory services. The move to LPL signifies the inauguration of his new independent practice, Kutanovski Wealth Management.
LUMN

Hot Stocks

09:12 EST Lumen signs transaction support agreement with group of creditors - Lumen has entered into an amended and restated transaction support agreement, or TSA, with a group of creditors who now represent, in the aggregate, over $12.5B of the outstanding indebtedness and commitments of the company and its subsidiaries and represent over 70% in the aggregate of Lumen and Level 3 debt maturing through 2027. The amended TSA is supported by a larger group of creditors across more of Lumen's capital structure than the previous agreement. The TSA will, among other things, extend debt maturities to primarily 2029 and beyond, provide $1.325B of financing to the company through new long-term debt and provide access to a new revolving credit facility in an amount expected to be approximately $1B. Lumen expects to complete the transactions contemplated by the TSA in Q1, subject to the satisfaction of limited remaining closing conditions. Lumen plans to make certain term loan transactions available to all holders in connection with the consummation of such transactions. The company does not plan to make such transactions available to all holders in connection with the consummation of such transactions. Following consummation of the TSA transactions, Lumen may assess potential follow-on transactions with respect to non-participating debt.
MTTR

Hot Stocks

09:10 EST Matterport's Digital Twin Platform helps VRPM design future of workspaces - Matterport demonstrated how Matterport's Digital Twin Platform is being applied to virtual staging for interior design in the commercial real estate sector. Collaborating with Compton, VRPM uses virtual staging within Matterport 3D digital twins to provide potential tenants an authentic sense of what it would be like to inhabit a space. Utilizing Matterport's developer tools, VRPM has created a virtual staging app that seamlessly integrates with 3D scans, enabling collaborative design processes within an immersive digital twin. Virtual staging's future extends beyond just securing tenant leases. It now emphasizes enhancing real estate customer experiences by considering the needs of prospective occupants, such as office furniture requirements or the desire to fully replicate the virtual staging. The accuracy of Matterport's digital twins has enabled VRPM to effectively support Kitt, one of London's leading managed office operators, in staging some of its commercial properties.
CELU

Hot Stocks

09:09 EST Celularity comments on closing $21M financing transactions - Celularity announced that it closed two financing transactions totaling $21M in gross proceed. As detailed in the Form 8-K filed by the Company, one of the two financing transactions is a securities purchase agreement with the Company's largest investor, Dragasac Limited providing for the private placement of shares of Celularity Class A common stock and accompanying warrants for an aggregate purchase price of approximately $6 million. The other financing transaction is an agreement amending and restating the Company's previously announced senior secured loan agreement with Resorts World for an additional loan of $15.0 million. According to Robert Hariri, M.D., Ph.D., Chairman, Chief Executive Officer, and founder, "These transactions are important in two fundamental ways. First, both Dragasac and RWI increased their existing financial stakes in Celularity, Dragasac through the $6 million private placement and RWI through the $15 million amended and restated senior secured loan. Second, the transactions together infused $21 million of fresh capital into Celularity, which we will apply to strengthen our balance sheet and for other purposes. Importantly, this capital infusion allowed us last week to repay in full all outstanding amounts owed to Yorkville under the September 15, 2022, YA II PN, Ltd. pre-paid advance agreement... I believe the $21 million in new capital from these financing transactions has repositioned Celularity financially going into what I am optimistic will be a positive year in 2024," Hariri added.
PLTR

Hot Stocks

09:09 EST Palantir, Carahsoft expand partnership for mission-critical software - Palantir Technologies Canada and Carahsoft Canada, have partnered to expand and accelerate delivery of Palantir's operating systems across the Canadian Public Sector. Building on the success of Palantir's partnership with Carahsoft in the United States, Palantir has authorized Carahsoft, The Trusted Government IT Solutions Provider, to be the sole distributor of the Palantir Platform under the Government of Canada's Software Licensing Supply Arrangement. SLSA is the primary contracting vehicle used by GC departments, agencies, Crown Corporations and other authorized clients to procure enterprise software licenses.
SGN

Hot Stocks

09:07 EST Signing Day provided update on holistic approach to student-athlete wellbeing - Signing Day Sports provided an update on its holistic approach to student-athlete wellbeing, diversification of its revenue sources, and significant subscriber growth. Craig Smith, Chief of Development of Signing Day Sports, stated, "We believe a holistic view of student-athlete wellbeing is important in the sports industry and, as such, helps maintain the Company's key student-athlete recruitment relationships, which are contributing to significant subscriber growth. Our revenue sources currently include flat-fee event registrations and monthly subscriptions. Related to this holistic view, we plan to extend our revenue sources into a comprehensive line of services to support student-athletes through every step of the process. As we diversify and innovate, we are excited about the positive impact this will have on the communities that we serve."
SYT

Hot Stocks

09:07 EST Syla Technologies intends to pay 2023 dividend of Y180 per share - On May 17, 2023, SYLA announced a FY2023 full-year dividend forecast of 140 yen per common share, doubling from FY2022. An interim dividend payment of 70 yen per share was announced on August 16, 2023. Following the announcement of the Revised FY2023 Financial Guidance and today's new FY2024 guidance, the Company intends to pay a FY2023 year-end dividend of 180 yen per common share, thereby increasing the total full-year dividends for FY2023 to 250 yen per common share. The Company intends to propose such FY2023 year-end dividend at the 15th Annual General Meeting of Shareholders scheduled for March 29, 2024.
TASK

Hot Stocks

09:06 EST TaskUs launches in Zendesk Marketplace - TaskUs announced that it has integrated with Zendesk giving organizations who work with Zendesk the ability to combine TaskUs' Generative AI customer service solutions with their existing infrastructure. "We are thrilled to offer our clients the flexibility to integrate TaskGPT with Zendesk and other CX solution providers," said Manish Pandya, Senior Vice President of Digital at TaskUs. "Flexibility is the key to our TaskGPT solution, which can connect with our clients' existing systems to deliver superior service quickly and efficiently."
USFD

Hot Stocks

09:05 EST US Foods in pact with Teamsters Local 705 representing Bensenville, Illinois - US Foods Holding is pleased to have reached a fully recommended tentative agreement with Teamsters Local 705, the union that represents the company's drivers in Bensenville, Ill. The tentative agreement with the union was reached as a result of good faith bargaining efforts. The 5-year agreement provides wage, benefits and healthcare contributions increases that build on the highly competitive offerings drivers in Bensenville, Ill., currently receive, and includes safety enhancements aligned with the very high priority the company places on associate safety. The agreement recognizes the hard-working US Foods Bensenville drivers and enables the company to continue to grow the business as it serves its valued customers in the Chicagoland area. US Foods has a long-standing track record of bargaining in good faith to reach agreements with the union and expects the contract to be ratified on Feb. 3.
TORO

Hot Stocks

09:05 EST Toro Corp. announces completion of sale of M/T Wonder Sirius - Toro announces that on January 24, 2024, it completed the previously announced sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $20.9 million from the above-mentioned sale, excluding any transaction-related costs during the first quarter of 2024.
ELTX

Hot Stocks

09:04 EST Elicio Therapeutics announces preclinical data on TCR-T therapy - Elicio Therapeutics announced the publication of promising preclinical data in Cancer Immunology Research, a journal of the American Association for Cancer Research, AACR. These preclinical data demonstrate that Elicio's proprietary "AMP" lymph node-targeting immunotherapy platform, carrying cognate peptide and adjuvant cargos, boosted T cell receptor-modified T cell therapies, TCR-T cells, enhancing anti-tumor function and eradicating solid tumors. Robert Connelly, Chief Executive Officer at Elicio Therapeutics, added, "This study adds to our growing body of preclinical and clinical evidence demonstrating the importance of the lymph nodes and the robust efficacy that our AMP immunotherapy strategy can potentially achieve for patients with solid tumors, both as a monotherapy and in combination with other strategies. The AMP platform provides attractive potential for broad and rapid application to clinical and developmental TCR-T cell programs. We look forward to finding the right partner to advance this promising combination into the clinic for patients with solid tumors."
ABT

Hot Stocks

09:04 EST Abbott receives FDA approval to launch the Liberta RC DBS system - Abbott announced that it received approval from the U.S. FDA to launch the Liberta RC DBS system, the world's smallest rechargeable deep brain stimulation device with remote programming, to treat people living with movement disorders.1+ The Liberta RC DBS system also requires the fewest recharges of any FDA-approved DBS system, needing only 10 recharge sessions a year for most people.
GM HMC

Hot Stocks

09:03 EST GM, Honda start commercial production at hydrogen fuel cell joint venture - GM (GM) and Honda (HMC) announced the start of production at their 50-50 joint venture production facility, FCSM, which they call "the first large-scale manufacturing joint venture to build fuel cells." The companies stated: "Together, the two companies also focused on lowering development and manufacturing costs by leveraging economies of scale, advancing the cell design, simplifying supporting auxiliary equipment, utilizing common sourcing, and reducing the use of costly precious metals. Through this collaboration, the new fuel cell systems will be one-third less expensive to make when compared to the cost of the fuel cell system in the 2019 Honda Clarity Fuel Cell... GM and Honda share in the belief that hydrogen and fuel cell technology will play an increasingly important role in meeting a wide variety of zero-emissions energy and mobility needs, and each company has provided further details about their individual hydrogen business strategies." Reference Link
RR

Hot Stocks

09:03 EST Richtech Robotics signs LOI with Ghost Kitchens International - Richtech Robotics announces a non-binding Letter of Intent, LOI, with Ghost Kitchens International to launch 240 ADAM robotic beverage systems at Ghost Kitchens restaurants, some of which are currently located inside Walmart stores. ADAM, Richtech's premiere robotic solution, will execute complex barista tasks with human-like precision inside the highly popular retailer locations. The announcement of these plans follows recent company milestones, including its November 22nd IPO and the launch of AI enhancements for its robot ADAM. "Building on our recent successes, the prospect of engagement with Ghost Kitchens, a synergetic brand at the forefront of innovative food and beverage technology concepts provides important momentum as we continue to execute on our business plan and provide value for shareholders," said Matt Casella, president of Richtech Robotics. "We expect ADAM to contribute to the improvement of operational capabilities, enhancing behind-the-register efficiency and increasing customer engagement at Ghost Kitchen's Walmart locations."
TSN

Hot Stocks

09:03 EST Tyson Foods opens food production facility in Kentucky - Tyson Foods has officially opened its new $355 million food production facility in Bowling Green, Kentucky. Built to support a significant expansion of its bacon production capabilities, the new plant positions Tyson Foods to capitalize on its category leadership and the increasing market for its products. The 400,000-square-foot plant, which represents a significant investment in the local community, is expected to produce two million pounds a week of premium quality Jimmy Dean and Wright Brand bacon retail products and bacon used in foodservice. Bacon represents over $1 billion in sales across retail and foodservice at Tyson Foods. This plant will help the company meet the needs of this category now and as it grows in the future. Located in Warren County's Kentucky Transpark, the new facility will create nearly 450 new jobs in southcentral Kentucky. Tyson Foods is a bacon category leader in foodservice and at retail with Jimmy Dean products representing the fastest-growing retail food brand over the past two years and Wright Brand products rising to the No. 1 consumer choice at retail in the stack category, according to Nielsen data. The new facility represents a significant opportunity for Tyson Foods to further innovate with new bacon flavors, cuts and products such as fully cooked bacon.
BCAN

Hot Stocks

09:02 EST BYND Cannasoft to enter production agreements for EZ-G device - BYND Cannasoft Enterprises has arrived in Shenzhen, China to sign agreements with two of the largest manufacturers in the province to begin production of the EZ-G device and EZ-G Capsules. BYND Cannasoft intends to start mass production of its EZ-G device and EZ-G capsules after the Chinese New Year which ends on February 24, 2024. Starting production of the EZ-G device and EZ-G capsules will allow BYND Cannasoft to meet its benchmark of starting the sale of the EZ-G device and EZ-G capsules in the second quarter of 2024, as announced in the Company's previous press releases. As the company announced previously, the EZ-G device includes the use of Capsules containing various types of substances and oils that flow in a controlled manner from the Capsules through a special pump inside the device and from there to the body tissues. The production chain will continue by transporting the Capsules to the US and then transferred to the various filling plants according to the types of substances required.
AAL

Hot Stocks

09:01 EST American Airlines: FY24 guidance includes potential flight attendant deal
NOC

Hot Stocks

08:59 EST Northrop Grumman sees 'similar sales growth rates' across segments in 2024
NOC

Hot Stocks

08:56 EST Northrop Grumman sees FY24 free cash flow $2.25B-$2.65B - Sees FY24 CapEx ~$1.8B.
NOC

Hot Stocks

08:56 EST Northrop Grumman provides 2024 sector guidance - For 2024 sees: Aeronautics Systems sales low $11B, OM rate mid 9%; Defense Systems sales ~ $6B, OM rate low 12%; Missions Systems sales low to mid $11B, OM rate ~ 15%; Space Systems sales mid to high $14B, OM rate ~9%; Eliminations ~($2.3B), OM rate high 13%. Comments taken from investor presentation slides.
BGXX

Hot Stocks

08:50 EST Bright Green to acquire assets from C2 Wellness Corporation - Bright Green announced the agreement to purchase assets from C2 Wellness Corporation, a Wyoming registered company with an address at 30 N Gould St, Ste R, Sheridan, WY, that owns certain platform technologies and associated intellectual property invented and developed by the scientific team of C2. The purchase is for 5 million shares of common stock of Bright Green Corporation payable to all shareholders of C2. The implementation of the transaction has been approved by the board of both companies. The primary assets relate to: Novel cannabinoid molecules and their associated intellectual property; Novel cannabinoid prodrugs, and their associated intellectual property; Novel proprietary cannabinoid formulations, designed to target lymphatic delivery, and their associated intellectual property; Novel proprietary nano-encapsulated cannabinoid formulations, in self dissolving polymers, and their associated intellectual property; and Cannabinoids and cannabinoid pro-drug formulations for topical ocular delivery, and their associated intellectual property. Along with the technology platforms and associated intellectual property come the scientific team of C2 and relationships with universities and a number of renowned academics worldwide.
PODC LVO

Hot Stocks

08:49 EST PodcastOne renews agreement with The Adam Carolla Podcast - PodcastOne (PODC), a subsidiary of LiveOne ( LVO), which owns ~80% of the PODC outstanding common stock, announced that it entered into a new agreement with podcast host and revered comedian, Adam Carolla, for his long running The Adam Carolla Podcast and for The Adam and Dr. Drew Show. Carolla is set for induction into the 6th Annual Podcast Hall of Fame during Podfest Expo later this month. "Adam Carolla's contributions to the medium of digital audio entertainment are immeasurable. From his devoted audience of listeners and advertisers, Adam has inspired legions of loyal fans who tune in daily to hear his comedic take on a wide array of topics. His camaraderie with Dr. Drew is the stuff of legends. This is a podcasting duo that will go down in history as one of the greatest partnerships. As we have grown as a network, so have Adam and Drew and we are thrilled to keep the momentum growing," said Kit Gray, President and Co-Founder of PodcastOne.
HAFC

Hot Stocks

08:47 EST Hanmi Financial appoints Marasco to board of directors - Hanmi Financial announced that James Marasco has been appointed to the Board of Directors of the Company and the Bank. The addition of Marasco brings the total number of Hanmi Board directors to ten. Marasco was appointed to the Risk, Compliance and Planning Committee and to the Compensation and Human Resources Committee of the Company. With more than 35 years of experience in commercial lending and financial services, Marasco currently is an Executive Vice President and Head of Originations at Gibraltar Business Capital, a national middle market direct lender headquartered in Northbrook, Illinois.
CNDT

Hot Stocks

08:47 EST Oklahoma Turnpike Authority selects Conduent to support PlatePay - Conduent Transportation announced its selection by the Oklahoma Turnpike Authority to provide technologies and services to support the state's PlatePay cashless tolling system. Conduent will accurately and securely retrieve registration ownership data for vehicles, enabling invoices to be sent to motorists who travel through tolls without a PIKEPASS transponder. This new contract builds on Conduent's current OTA relationship identifying license plate information for processing. The solutions support the OTA's move to all-electronic, cashless tolling operations on its turnpikes, eliminating the need for vehicles to slow or stop at toll plazas. By the end of 2024, the OTA plans to convert its entire system to cashless, allowing for greater convenience and improved fuel efficiency for drivers while reducing emissions and congestion.
AAL

Hot Stocks

08:46 EST American Airlines has 'modest' aircraft replacement needs, says CFO
NVTS

Hot Stocks

08:46 EST Navitas Semiconductor, SHINRY open joint R&D power laboratory - Navitas Semiconductor and SHINRY announced the opening of an advanced, joint R&D power laboratory to accelerate the development of New-Energy Vehicle power systems enabled by Navitas' GaNFast technology. The joint lab accelerates development projects, with leading-edge GaN technology combining with innovative system-design skills and engineering talent to enable unprecedented high power density, lightweight, efficient designs that translate to faster charging and extended range, with faster time-to-market. The joint lab brings together experienced engineers from Navitas and SHINRY to build efficient, collaborative R&D platforms. "We are excited to join with SHINRY to establish a new lab for next-gen power semiconductors, assisting SHINRY in creating advanced power systems." said Gene Sheridan, Navitas' co-founder & CEO. "SHINRY's mission to change the way of travel aligns closely with Navitas' Electrify Our World(TM) mission. We believe that through our joint efforts, leading GaN technologies will enter the power systems of NEVs for more end-users, contributing to the vigorous growth of the new energy industry."
BKTI

Hot Stocks

08:45 EST BK Technologies receives purchase order for BKR 9000 radios - BK Technologies received a purchase order for 87 of its BKR 9000 multiband radios from the Arkansas Department of Agriculture's Forestry Division. The BKR 9000 is compatible with Arkansas's P25 system, allowing the Forestry Division to significantly enhance efficiency by carrying out their responsibilities using a single radio model across all operations. This is the Forestry Division's first purchase of the BKR 9000.
JAGX

Hot Stocks

08:45 EST Jaguar Health announces publication of study in PLOS ONE using crofelemer - Jaguar Health announced that a dog study evaluating the effects of crofelemer in providing symptomatic relief of diarrhea associated with the irreversible pan-human epidermal growth factor receptor tyrosine kinase inhibitor neratinib has been published in the peer-reviewed journal PLOS ONE. The study, titled Effects of orally administered crofelemer on the incidence and severity of neratinib-induced diarrhea in female dogs, was conducted by Jaguar family company Napo Pharmaceuticals in collaboration with Puma Biotechnology. "We are very pleased with the results of this prophylactic study, which was undertaken to 'model' the human situation with neratinib," said Lisa Conte, Jaguar's president and CEO. "Crofelemer, our novel, oral, plant-based, non-opioid antidiarrheal prescription medication, is also the subject of OnTarget, Jaguar's pivotal Phase 3 clinical trial for the follow-on indication of the preventative treatment of cancer therapy-related diarrhea, an indication we also refer to as chemotherapy-induced overactive bowel - which includes symptoms such as unpredictable and/or chronic debilitating diarrhea and GI urgency. Diarrhea, which has the potential to cause dehydration, infections, and non-adherence to treatment in cancer patients, is a growing unmet medical need in the age of targeted cancer therapies." Conte added, "This neratinib study was the first of three studies over the past several years that provide scientific rationale for the use of crofelemer in humans for treatment of CTD. This continuum of datapoints highlights the neglected and growing need for prophylaxis of diarrhea in cancer patients. Prophylactic therapies exist to help prevent chemotherapy-induced nausea and vomiting in cancer patients, but no antidiarrheal medications are currently approved for treatment of CTD. Interestingly, there is currently one available product for diarrhea in dogs undergoing cancer treatment: Canalevia-CA1, our FDA conditionally approved prescription drug for the treatment of chemotherapy-induced diarrhea in dogs."
AAL

Hot Stocks

08:44 EST American Airlines sees 2024 aircraft CapEx about $2.3B
AAL

Hot Stocks

08:43 EST American Airlines sees Q1 TRASM down 3.5%-5.5%, CASM-ex up 2%-4%
AAL

Hot Stocks

08:42 EST American Airlines planning to grow capacity mid-single digits in 2024 - Sees FY24 CASM ex up 0.5%-3.5%.
INBS

Hot Stocks

08:41 EST Intelligent Bio Solutions to effect 1-for-12 reverse stock split - Intelligent Bio Solutions will effect a 1-for-12 reverse split of its common stock, that will become effective at 5:00 pm on January 26, 2024. Trading of the Company's common stock on The Nasdaq Capital Market will continue, on a split-adjusted basis, with the opening of the markets on January 29, 2024, under the trading symbol "INBS" and new CUSIP number 36151G600. The reverse stock split was approved by Intelligent Bio Solutions' stockholders at the annual meeting of the Company's stockholders held on December 13, 2023, with the final ratio to be determined by the Company's Board of Directors within the ratio range authorized by shareholders. The reverse stock split is primarily intended to increase the Company's per share trading price and bring the Company into compliance with Nasdaq's listing requirement regarding minimum share price.
SIDU

Hot Stocks

08:41 EST Sidus Space's LizzieSat arrives at Vandenberg Space Force Base ahead of launch - Sidus Space is proud to announce that its LizzieSat satellite has arrived at Vandenberg Space Force Base, California. This marks a significant milestone as LizzieSat gears up for its inaugural mission, which is scheduled to launch no earlier than March 2024 on SpaceX's Transporter-10 mission. Upon arrival, the Sidus Space team began final flight preparations ahead of LizzieSat's integration with the launch vehicle. LizzieSat's primary mission involves coincident data collection via multiple sensors to support agriculture, maritime and oil and gas industries. These sensors and receivers include hyperspectral, multispectral, AIS, and optical. Additionally, the Company's onboard FeatherEdge AI, near real-time, actionable intelligence will process the imagery and sensor data offering tailored solutions to customers. Delivery of data is expected to begin 30 days after deployment of LizzieSat. "We are thrilled to reach this crucial stage in our mission. This spacecraft embodies our commitment to providing cutting-edge solutions and valuable data across various industries. The integration of advanced sensors and AI capabilities positions LizzieSat as a pioneering force in the realm of space-based data collection," stated Carol Craig, CEO and Founder of Sidus Space.
AAL

Hot Stocks

08:40 EST American Airlines 'encouraged' by trends seen in business travel
PCSA

Hot Stocks

08:40 EST Processa Pharmaceuticals announces successful completion of Phase 1b trial - Processa Pharmaceuticals announces the successful completion of the safety tolerability evaluation in its Phase 1b trial of Next Generation Capecitabine. From the Phase 1b data, two dosage regimens have been selected for the Phase 2 trial. The Phase 2 trial will be in advanced or metastatic breast cancer given FDA's agreement that the Phase 1b data can be used to support the design of the Phase 2 trial in breast cancer. The 5-FU drug exposure for the 18 total patients that received NGC-Cap treatment across four different dosing regimens was 2-10 times that of FDA-approved capecitabine. Sixteen of these patients received at least two cycles of NGC-Cap with the other two patients discontinuing treatment before completing two cycles because of progressing disease. Four of the 16 patients are still receiving treatment in the study. The incidence of myelosuppression in patients on the high dose of NGC-Cap is currently approximately 71%, with more severe myelosuppression occurring in approximately 57% of the patients. The overall myelosuppression incidence rate after patients received the high dose of NGC-Cap is comparable to the 80% rate reported in the capecitabine label. As expected, given the greater 5-FU exposure, the incidence rate of more severe myelosuppression after the high dose of NGC-Cap was greater than the 3% rate reported for capecitabine. For the lower NGC-Cap dose of 150 mg BID, which also has a greater 5-FU exposure than capecitabine, the incidence of myelosuppression and more severe myelosuppression was lower for NGC-Cap compared to capecitabine. Although the primary objective of the Phase 1b trial in patients with advanced gastrointestinal cancer was not to evaluate efficacy, the Phase 1b trial was designed to provide some preliminary data on efficacy. At this time, of the 11 cancer patients receiving one of the two highest doses of NGC-Cap, five have completed an efficacy evaluation at this time, and four of these five patients showed a positive response. One of these four patients had a partial response, and three patients demonstrated stable disease. Two patients receiving the highest dose will potentially become eligible for an efficacy evaluation by the end of the first quarter of 2024. Of the remaining four patients in the two highest doses, two dropped out prior to their evaluation because of disease progression and two dropped out because of side effects.
WINT

Hot Stocks

08:40 EST Windtree Therapeutics eliminates $15M contingent liability to Deerfield - Windtree Therapeutics announced that the Company entered an Exchange and Termination Agreement with affiliates of Deerfield Management Company pursuant to which Deerfield has agreed to terminate its rights under the Company's 2017 Exchange and Termination Agreement to receive up to $15,000,000 in development and commercial milestone payments associated with AEROSURF, an acute pulmonary drug/device combination intended to treat premature infants with respiratory distress syndrome. Windtree out-licensed global rights to AEROSURF in 2022. In exchange for Deerfield terminating its rights to receive any milestone payments, the Company agreed to issue to Deerfield 608,272 shares of the Company's common stock and to pay Deerfield a $100,000 cash payment upon execution of the agreement. In addition, the Company agreed to pay Deerfield an additional $100,000 on the earlier of January 24, 2025 or the Company receiving a specified amount of gross proceeds from debt or equity financings occurring on or after the agreement date.
AAL

Hot Stocks

08:40 EST American sees capacity growth to be balanced between domestic, international - Comments taken from Q4 earnings conference call.
NHWK

Hot Stocks

08:39 EST NightHawk's Scorpius subsidiary awarded multimillion-dollar contract - NightHawk Biosciences announced its Scorpius BioManufacturing subsidiary has been awarded a multimillion-dollar contract to provide process development, analytical, and cGMP manufacturing services for a publicly traded biotech company's Phase 2 clinical program. Jeff Wolf, CEO of NightHawk Biosciences, commented, "We are proud to have been selected to help advance this potentially lifesaving therapy through the clinic. Scorpius has multiple clients with Orphan Drug Designations from the FDA, and our San Antonio facility is especially well-suited to advance these important programs. This new client, needing biologic manufacturing for a Phase 2 clinical program under cGMP guidelines, will benefit from Scorpius' comprehensive services in process development, bioanalysis, and manufacturing. The client, transitioning from a large CDMO, chose Scorpius to assist in this Phase 2 program based on our adaptability, dedicated service, and commitment to meeting project timelines. The scope of work, which includes producing a monoclonal antibody (mAb) in Scorpius' mammalian facility, is expected to be completed in 2024. We are extremely pleased with the success and traction Scorpius gained in 2023, our first full year in operation, and we are excited to see this momentum continue as we witness rising demand for our mammalian and microbial biomanufacturing services."
ESAC

Hot Stocks

08:39 EST Esgen Acquisition announces updated terms for Sunergy combination - ESGEN Acquisition and Sunergy Renewables announced amended transaction terms for its pending business combination that would result in the combined company becoming a publicly listed company on the Nasdaq Stock Exchange. By the updated terms of the Transaction, ESGEN's sponsor, ESGEN has committed to purchase up to $15 million in Convertible Preferred Equity Securities of which $10 million will be funded at the close of the Business Combination and the remaining $5 million can be funded at the combined company's discretion up to six months after closing. The purchase of the Convertible Preferred Securities will be funded by Energy Spectrum Partners VIII LP. The updated pro forma implied enterprise value of the combined company is expected to be $390 million, and proceeds are expected to be used to fund operations and growth. The amended terms of the Transaction increase the original commitment from Energy Spectrum, in which Energy Spectrum's participation in the common stock PIPE was agreed to be $10 million at $10.00 per share. In addition, the Sponsor and other insiders agreed to forfeit a total of 2.9 million founder shares at the closing, which will leave 4.0 million founder shares remaining. The amended terms of the Transaction also provide that 500,000 additional founder shares will be forfeited if the Convertible Preferred Securities are redeemed or the Sponsor elects to voluntarily convert them, in each case, within 2 years of closing. Finally, all of the outstanding private placement warrants held by the Sponsor and other insiders will be cancelled at the closing of the Transaction. After the Transaction, the Board of Directors of the combined company will include representatives from both Sunergy and ESGEN. The Board of Directors of ESGEN and the board of managers of Sunergy have unanimously approved the Transaction. The Completion of the proposed Transaction is subject to customary closing conditions and is anticipated to occur in the first half of 2024.
BLIN

Hot Stocks

08:38 EST Bridgeline Digital's AI-powered search product chosen by Agri Supply - Bridgeline Digital announced Agri Supply has chosen Bridgeline's AI search product, HawkSearch, for its eCommerce site. Agri Supply has chosen HawkSearch to boost sales across their catalog of more than 25,000 products. HawkSearch's Smart Seach AI will analyze their catalog, brochures, and images to allow shoppers to find products using photos or natural language. Ari Kahn, CEO of Bridgeline Digital, remarked on the new partnership, stating, "Our work with Agri Supply demonstrates our dedication to enhancing online shopping platforms. With HawkSearch, we're able to offer a search solution that meets the complex needs of retailers with extensive inventories, helping them to provide a more efficient and user-friendly shopping experience."
ROP

Hot Stocks

08:38 EST Warburg Pincus, TA Associates to sell Procare Solutions to Roper for $1.86B - Warburg Pincus announced the signing of a definitive agreement to sell Procare Solutions to Roper Technologies, for a total enterprise value of $1.86B. TA Associates, a global private equity firm, also sold its minority interest in Procare as part of the transaction. Procare is a provider of center management software and integrated payment processing solutions to child care centers in the US, enabling administrators to maintain a core system of record and workflow for operational, compliance, staffing, billing, and accounting functions. The transaction is expected to close in the first quarter of 2024, subject to regulatory approvals and customary closing conditions.
ENOV

Hot Stocks

08:37 EST Enovis introduces the DonJoy ROAM OA knee brace - Enovis Corporation announced that its DJO, LLC subsidiary has launched its new DonJoy ROAM OA knee brace for patients with osteoarthritis or other knee pain and instability. ROAM OA is the latest innovation in unloader technology, unloading the pressure of unicompartmental osteoarthritis and shifting weight away from the affected knee to dynamically relieve pain, improve stability and help improve mobility.
CETY

Hot Stocks

08:37 EST Clean Energy Technologies continuing normal operations amid stock volatility - Clean Energy Technologies addresses stakeholders regarding recent stock fluctuations. The company said, "CETY is currently operating under normal conditions and our dedicated team continues to work diligently to meet our strategic goals. CETY is on track and committed to deliver the highest standards of quality and services to our customers. CETY is not aware of any new material developments or pending announcements concerning its business operations that may be contributing to the recent volatile market activity in the trading of its common stock. In light of recent stock fluctuations, CETY wants to emphasis and assure all our stakeholders that the market volatility does not reflect the overall health and stability of the Company. It is important to remember that temporary fluctuations in price do not reflect the underlying strength and long-term prospects of CETY. As a responsible and transparent organization, CETY believes in providing accurate and timely information to all our stakeholders. CETY encourages you to focus on the long-term value and potential of the company rather than short-term market fluctuations. CETY is confident in our business strategy and remain steadfast in our commitment to creating value for our shareholders, customers, employees, and partners."
INTC UMC

Hot Stocks

08:37 EST Intel, UMC to collaborate on 12-nanometer semiconductor process platform - Intel (INTC) and United Microelectronics Corporation (UMC) announced that they will collaborate on the development of a 12-nanometer semiconductor process platform to address markets such as mobile, communication infrastructure and networking. The long-term agreement brings together Intel's at-scale U.S. manufacturing capacity and UMC's extensive foundry experience on mature nodes to enable an expanded process portfolio.
ROP

Hot Stocks

08:36 EST Warburg Pincus, TA Associates to sell Procare Solutions to Roper for $1.86B
ROP

Hot Stocks

08:35 EST Roper Technologies to acquire Procare Solutions for $1.75B - Roper Technologies has reached a definitive agreement to acquire Procare Solutions for a net purchase price of approximately $1.75 billion, including a $110 million tax benefit resulting from the transaction. The net purchase price represents approximately 18 times Procare's estimated EBITDA for the twelve months ending March 31, 2025. Procare is a leading provider of cloud-based software for the management of early childhood education centers. Procare's purpose-built solutions serve as the system-of-record and workflow software for childcare centers, managing all aspects of day-to-day operations, including parent engagement, staff and teacher scheduling, classroom management, tuition billing, and payment processing. More than 37,000 childcare organizations utilize Procare's tools to digitally transform their operations and maintain strong relationships with their families and staff. Procare's management team will continue to lead the business from its Denver, Colorado headquarters. Procare's name, brands, and office locations will not change as a result of the transaction. Roper anticipates funding the transaction using its revolving credit facility. Procare is expected to contribute approximately $260 million of revenue and $95 million of EBITDA for the twelve months ending March 31, 2025, and will be reported in Roper's Application Software segment. The transaction is expected to be accretive to Roper's 2024 free cash flow and 2025 adjusted DEPS. Roper expects Procare to deliver long-term mid-teens organic revenue growth. The transaction is expected to close later this quarter, subject to regulatory approval and customary closing conditions.
VTAK

Hot Stocks

08:25 EST Catheter Precision enters distribution agreement in Turkey - Catheter Precision, has signed a new distributor for Turkey for VIVO, a non-invasive 3D localization system. Ege Artimi, located in Izmir, Turkiye, was founded in 2014 and specializes in importing and providing clinical support to cardiology products.
RACE

Hot Stocks

08:24 EST Scuderia Ferrari, Charles Leclerc renew multi-year agreement - Ferrari announces that Scuderia Ferrari has renewed its technical and racing multi-year agreement with Charles Leclerc. The Monegasque driver will continue to compete for the Italian team in the Formula 1 World Championship in the next seasons.
SOBR

Hot Stocks

08:23 EST SOBR Safe signs fourth behavioral health provider - SOBR Safe signed its fourth behavioral health provider. Based in Southern California, the customer operates four facilities and an outpatient program. The customer is initially installing SOBRcheck in one facility for point-of-care screening, and is evaluating the technology for expansion into its remaining facilities. The customer is also evaluating the wearable band SOBRsure for continuous monitoring in an outpatient scenario.
ENSC

Hot Stocks

08:22 EST Ensysce Biosciences to present on PF614-MPAR at NIH HEAL Meeting - Ensysce Biosciences announced that Geoff Birkett, Chief Commercial Officer of Ensysce, will present a poster entitled "PF614-MPAR: A Novel Trypsin Activated Abuse Protected Extended-Release Oxycodone Prodrug with Overdose Protection" at the Annual National Institutes of Health "Helping to End Addiction Long-term" Initiative Scientific Meeting being held on February 7 and 8, 2024, in Bethesda, MD. PF614-MPAR, the lead product under Ensysce's oral overdose protection platform, MPAR, was just granted Breakthrough Therapy Designation by the U.S. Food and Drug Administration and has been supported by funding from the National Institute on Drug Abuse. The endorsements by both agencies have aided the clinical development of the first opioid with both abuse deterrent properties and importantly, oral overdose protection. We believe that no opioid on the market has these dual properties. The trial being presented was undertaken to optimize the PF614-MPAR combination drug product and successfully met its overdose protection endpoints.
KRON

Hot Stocks

08:20 EST Kronos implements new leadership structure, eliminates CMO, CSO, COO roles - Kronos Bio announced a streamlined leadership structure designed to focus on pipeline advancement and align with Kronos Bio's current operating needs. As part of this effort, Kronos Bio has eliminated three executive officer roles including the Chief Medical Officer, Chief Scientific Officer, and Chief Operating Officer and General Counsel. As a result, Jorge DiMartino, M.D., Ph.D., Christopher Dinsmore, Ph.D., and Barbara Kosacz, J.D., will be departing the Company. To ensure a smooth transition, they will remain with the Company through February 16, 2024. All three executives will remain strategic advisors to Kronos Bio. The Executive Leadership team, reporting to Dr. Bischofberger, now includes: Charles Lin, Ph.D., Senior Vice President, Research and Development; Elizabeth Olek, DO, Senior Vice President, Clinical Development; Rocio Martin Hoyos, Senior Vice President, Corporate Strategy and Portfolio Management; Allison Frisbee, Senior Vice President, Corporate Operations and Legal/ Each of these leaders brings robust and diverse experience with a focus in oncology. Kronos Bio has expected cash runway into 2026. Information regarding severance and related benefits for those employees whose roles have been eliminated are set forth in a Current Report on Form 8-K, being filed with the Securities and Exchange Commission approximately concurrently with the issuance of this press release. After realizing these one-time termination costs, Kronos Bio anticipates that it will realize financial savings from its new operating model.
LSPD

Hot Stocks

08:19 EST Lightspeed announces combination of new product features, updates - Lightspeed Commerce announced a combination of new product features and updates designed to help retail and restaurant customers across the globe to simplify and scale their operations. "With inflation remaining a chief concern amongst hospitality and retail providers, Lightspeed has focused on innovations that improve speed and efficiency, reducing the overall time and stress related to daily business management," said JP Chauvet, CEO of Lightspeed. "We're excited to roll out features like our new Tableside solution which provide a faster, more seamless order-taking experience, while Lightspeed Retail and NuORDER Order Integration simplifies the retail purchasing process. By simplifying their operations, we're empowering entrepreneurs to elevate their business through exceptional customer service."
WWD

Hot Stocks

08:18 EST Woodward announces up to $600M three-year stock repurchase program - Woodward announced that its Board of Directors authorized a three-year stock repurchase program, under which up to $600 million in Woodward stock may be repurchased in the open market and private transactions. This new program replaces the previously authorized two-year $800 million repurchase program, which was initially authorized in January 2022, and under which the company repurchased approximately $572 million in stock.
WWD

Hot Stocks

08:18 EST Woodward board increases quarterly dividend 14% to 25c per share - Woodward announced that its Board of Directors approved a dividend of $0.25 per share, an increase of approximately 14 percent from the prior quarter's dividend of $0.22 per share. The dividend will be payable on March 5, 2024, for stockholders of record as of February 20, 2024. "These announcements reflect Woodward's strong balance sheet, ability to generate cash flow, and our balanced capital allocation strategy, which includes returning cash to shareholders through dividends and stock repurchases," said Chip Blankenship, Chairman and CEO.
NVRI

Hot Stocks

08:16 EST Enviri and Veolia North America in hazardous waste treatment deal, no terms - Clean Earth, a division of Enviri, and Veolia North America, have executed a long-term collaborative agreement for significant incineration capacity at the new state-of-the-art thermal facility in Southwest Arkansas. The five-year agreement, structured to provide guaranteed access for Clean Earth by Veolia, is a first-of-its-kind in the industry and a positive advancement for the waste management industry and customers as the new facility, opening in 2025, will provide much-needed additional capacity...Veolia's new facility will be powered by local decarbonizing energy generated directly on-site, North America's first for a hazardous waste plant. The power will be supplied by capturing waste heat recovered from a boiler and steam turbine and generating five megawatts of on-site solar power per hour, creating a more sustainable option for the marketplace and benefiting consumers and the public. A plan to reforest nearly 1,500 acres surrounding the property will sequester carbon emissions, provide protection for local habitat, and prevent erosion. Veolia North America will increase waste treatment access for Clean Earth throughout 2024 to ramp up activities for a smooth transition in 2025
MTEK

Hot Stocks

08:16 EST Maris-Tech receives order for approx $590,000 for AI-based HLS, defense system - Maris-Tech announced that it has received a new order of approximately $590,000 for a customized solution for a governmental agency. The order is for the development and initial supply of a sophisticated, miniaturized AI-based HLS and defense surveillance system that will enable video transmission over narrow-band networks. The solution is based on Maris-Tech's flagship Jupiter AI platform. "We believe this order to develop and adopt a new system based on our cutting-edge Jupiter AI platform is further validation of Maris-Tech's capability to integrate the innovative technology required for elite special operations applications," said Israel Bar, Chief Executive Officer of Maris-Tech.
BNGO

Hot Stocks

08:14 EST Bionano Genomics announces publication of study on OGM - Bionano Genomics announced a peer-reviewed publication in Cancers from a team of cancer researchers primarily at the NCI-Designated Cancer Center, Sanford Burnham Prebys Medical Discovery Institute and Scripps MD Anderson in La Jolla, California. The publication describes what could be the first study to use optical genome mapping for the discovery of structural variants that drive drug resistance and sensitivity in cancer. Study Design: Genome Variation Signatures. The study compared genome variation signatures obtained from the leukemia samples by OGM and by classical cytogenetic methods including karyotyping and fluorescence in situ hybridization. Drug Library. The study used a broad collection of 120 cancer drugs based on the Oncology Drug Library and the FDA-approved oncology collection drugs from the NCI's Developmental Therapeutics Program. Drug Resistance & Sensitivity Assay. The study used a cell viability and drug screening assay based on growing leukemia-enriched cell collections in the presence of different concentrations of drug agents to measure cell viability. Key Findings: Overall, the study shows that OGM for SV detection combined with drug sensitivity data for the same samples is a useful approach to identifying potentially pathogenic SVs that may be drivers of drug sensitivity or resistance. Key findings are as follows: OGM detected all SVs that had been observed using classical cytogenetic methods as well as multiple additional variants that were not previously reported; BCR-ABL1 translocated leukemia samples are sensitive to the tyrosine kinase inhibitor Nilotinib, as expected, but exhibit resistance to proteasome inhibitors; Drug sensitivities associated with previously unreported genomic rearrangements were revealed; Leukemia samples with KMT2A translocations are associated with drug sensitivities to the microtubule disruptors Paclitaxel and Cabazitaxel and resistance to Bcl-2 family inhibitors; Chemosensitivity associations with SVs detected by OGM are able to reveal several potential new treatment strategies for leukemia
IFIN

Hot Stocks

08:13 EST INFINT Acquisition receives noncompliance notification from NYSE - INFINT Acquisition Corporation announced it had received a notification dated January 19, 2024 from the New York Stock Exchange, NYSE, informing the Company that, because the number of public shareholders is less than 300, the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual. The Listing Rule requires the Company to maintain a minimum of 300 public stockholders on a continuous basis. The Notice specifies that the Company has 45 days to submit a business plan that demonstrates how the Company expects to return to compliance with the Listing Rule within 18 months of receipt of the Notice. The Company plans to submit a business plan within the required timeframe that demonstrates how the Company expects to return to compliance with the Listing Rule within 18 months of receipt of the Notice.
NVEE

Hot Stocks

08:12 EST NV5 Global announces acquisition of CHW Professional Consultants - NV5 Global announced that it has acquired CHW Professional Consultants, CHW, a leading provider of engineering and infrastructure consulting services in Florida. CHW's 130 employees specialize in surveying and mapping, civil and transportation engineering, landscape architecture, program management, planning, and environmental services. The company's target sectors include transportation authorities, utilities, healthcare, educational institutions, and private sector development. "The acquisition of CHW strengthens our ability to support infrastructure and development in the fastest growing regions of Florida and gives NV5 access to premier public and private sector clients," said Dickerson Wright, PE, Chairman and CEO of NV5. "CHW's technical expertise and strong leadership team will deliver expanded services to our clients and enhanced drivers for accelerated organic growth throughout the state."
STRR

Hot Stocks

08:11 EST Star Equity announces $5.9M sale-leaseback transaction - Star Equity Holdings announced that Star Real Estate Holdings USA, the real estate arm of the Company's Investments division, has entered into a sale-leaseback agreement for its South Paris, Maine facility. This facility will continue to be used by KBS Builders, Star's wholly owned modular manufacturing business. The transaction is subject to customary due diligence and is expected to close in the first quarter of 2024. Under the terms of the transaction, SRE will sell its South Paris facility for $5.935 million and, simultaneously, a Company wholly owned subsidiary will enter into a 20-year lease agreement, with the right to extend for up to an additional 20 years. Following the closing of the transaction, KBS will continue to operate the South Paris facility pursuant to the lease, and the transaction will have no impact on KBS's operations. "We are excited to announce this value-unlocking transaction for Star," said David Noble, Star's CFO. "Market conditions presented us the opportunity to realize an attractive value for our South Paris facility at a reasonable cost of capital. Due to our strong balance sheet and healthy cash position, we are well positioned to fund our growth strategy and redeploy our available cash into EBITDA-generating assets, including acquisitions. Over time, we may pursue similar transactions as we look to optimize Star's asset portfolio and cost of capital."
SLE

Hot Stocks

08:10 EST Super League implements organizational enhancements - Super League announces the implementation of important organizational enhancements. This strategic move aligns with the escalating demand from global brands seeking Super League's deep-rooted expertise and innovative approaches to engagement within emerging critical segments of the digital world. With average daily time spent by Gen Z on Roblox eclipsing time on Tik Tok, immersive web experiences and open gaming platforms have become pivotal for brands to achieve business growth. By responding to market needs, Super League ensures its continued ability to set the benchmark for excellence as a strategist, builder, and marketing and operating partner - shaping the future of brand engagement and immersive commerce for young generations. Through learning and evolution, Super League focused on optimizing the company's workflows, enhancing internal and external communications, and curating its team structure and responsibilities. These adaptations are a testament to the company's significant growth, having successfully executed nearly 200 immersive branded programs and campaigns in the past year. By elevating the company's organizational architecture, Super League's breadth of capabilities and commitment to innovation are woven more firmly into the fabric of every team, from strategy and creation to execution and measurement, all to ensure success for the company's marquee roster of partners. The reimagined Client Partnerships team now champions brand and agency relationships, driving revenue through strategic alliances and multi-faceted partnerships. Concurrently, the Brand Strategy arm delves into deepening client connections, and building bespoke programs to resonate with partner ambitions. Program Management ensures seamless execution and insightful reporting, encapsulating the lifecycle of each project. The team behind Marketing Insights crafts compelling narratives, deriving strategies grounded in a solid foundation of data and consumer understanding. These departments are led by an all-female team of veteran digital executives, who collectively bring multiple decades of client service, strategy, partnership and execution experience to their roles. The Creative and Studio teams will continue their work in building premium immersive experiences, nurtured by an unparalleled network of creators and developers. On Roblox alone, experiences from creators in Super League's network reach more than 140 million monthly active users. Together, these enhancements reflect Super League's promise to bring powerful ideas to brands looking to enter and grow in the space, and then backstop the ideas through scalable and enduring end-to-end solutions.
EXEL

Hot Stocks

08:10 EST Exelixis announces results of study evaluating cabozantinib in mCRPC treatment - Exelixis announced detailed results from CONTACT-02, a phase 3 pivotal study evaluating cabozantinib or CABOMETYX in combination with atezolizumab compared with a second novel hormonal therapy NHT in patients with metastatic castration-resistant prostate cancer or mCRPC, and measurable extra-pelvic soft tissue disease who have progressed on one prior NHT. The detailed findings are being presented during Oral Abstract Session A: Prostate Cancer on January 25 at the American Society of Clinical Oncology 2024 Genitourinary Cancers Symposium or ASCO..."Patients with metastatic castration-resistant prostate cancer with prior progression on a novel hormone therapy and who have measurable soft tissue metastasis experience the worst outcomes among advanced prostate cancer patients and have limited treatment options," said Neeraj Agarwal, M.D., FASCO, Senior Director for Clinical Research at Huntsman Cancer Institute at the University of Utah I am encouraged by these results and the potential for cabozantinib plus atezolizumab to be a widely available treatment option for our patients." As announced in August 2023, CONTACT-02 met one of its primary endpoints, demonstrating a statistically significant improvement in progression-free survival PFS as assessed by a blinded independent radiology committee BIRC and per RECIST 1.1. The PFS analysis was conducted in the first 400 randomized patients in the intent-to-treat, PFS ITT, population and per protocol. Similar results were observed for all patients.
OCUL

Hot Stocks

08:10 EST Ocular Therapeutix announces FDA agreement to amend SPA for AXPAXLI - Ocular Therapeutix announced that the U.S. Food and Drug Administration, FDA, has agreed to a Special Protocol Assessment, SPA, Agreement Modification for the Company's pivotal Phase 3 SOL clinical trial of AXPAXLI for the treatment of wet age-related macular degeneration. The SPA Agreement Modification enables the trial to include treatment-naive wet AMD subjects with visual acuity of approximately 20/80 or better at the initial screening visit. After two aflibercept injections in the screening period, eligible participants would need to gain at least 10 ETDRS letters from the initial screening visit to Day 1 or achieve a visual acuity of approximately 20/20 or better at Day 1, in addition to satisfying other criteria, to qualify for enrollment in the trial. The SPA Agreement Modification also allows the pivotal trial to move forward, evaluating AXPAXLI with a single optimized implant with a drug load of 450 microgram of a more soluble form of axitinib.
CVS

Hot Stocks

08:09 EST CVS Health adds two new renewable energy projects with Constellation - CVS Health announced two agreements that total 264,000 MW hours with Constellation to purchase zero-emission, renewable energy equivalent to the annual electricity use of nearly 1,000 CVS Health locations in California, Washington, D.C., Delaware, Maryland and New Jersey. CVS Health will purchase energy and renewable energy certificates through two separate long-term agreements with Constellation. CVS Health will receive approximately 264,000 megawatt hours of energy per year through its retail agreement with Constellation, with that energy matched by Green-e Energy Certified RECs sourced from other renewable facilities throughout the U.S.
ONVO

Hot Stocks

08:09 EST Organovo presents FXR314 3D human tissue model findings - Organovo announced the presentation of preclinical data related to the company's FXR314 development program in its proprietary 3D human tissue models of Crohn's disease and ulcerative colitis at the Crohn's and Colitis Congress being held January 25-27, 2024 in Las Vegas, Nevada. "There is a critical need for novel approaches to treat inflammatory bowel disease that extend beyond modulating the immune response targeted by current pharmacological therapies. These data underscore the potential of FXR314 as a unique treatment approach to IBD given its demonstrated multifaceted activity profile, especially in directly improving the intestinal barrier function and controlling fibrosis," said Dr. Fabrice Piu, Vice President, Research & Development. The presentation highlights preclinical data characterizing the activity of FXR314 in 3D models of human Crohn's disease and ulcerative colitis. FXR314 broadly improved measures of epithelial barrier function in a subset of donors, and fibrotic markers in all Crohn's disease donors. In ulcerative colitis, FXR314 improved epithelial barrier function and fibrotic activity in all donors. Organovo plans to begin enrollment for a proof-of-concept Phase 2 ulcerative colitis study in 2024, with targeted completion in 2025. The drug's additional promise in liver fibrosis and NASH makes it a strong candidate for development in that.
TOI

Hot Stocks

08:08 EST The Oncology Institute, WellBe Senior Medical partner for cancer care services - WellBe Senior Medical is strengthening its cancer care capabilities to further support its mission of managing the population health of polychronic Medicare Advantage patients by partnering with leading cancer care provider, The Oncology Institute. WellBe now offers The Oncology Institute's High-Value Cancer Care Program to eligible patients in Illinois and Ohio. As part of this program, TOI provides care management and supportive care services customized to the needs of the individual patient with active cancer diagnoses. This program has demonstrated significant improvements in patient satisfaction, less acute care facility utilization, and is focused on addressing the supportive care needs of patients without displacing the community oncologist.
CNDB

Hot Stocks

08:08 EST Concord Acquisition Corp III receives NYSE notice of non-compliance - Concord Acquisition Corp III announced it had received a notification dated January 19, from the New York Stock Exchange informing the Company that, because the number of public stockholders is less than 300, the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual. The Listing Rule requires the Company to maintain a minimum of 300 public stockholders on a continuous basis. The Notice specifies that the Company has 45 days to submit a business plan that demonstrates how the Company expects to return to compliance with the Listing Rule within 18 months of receipt of the Notice. The Company plans to promptly submit a business plan that demonstrates how the Company expects to return to compliance with the Listing Rule within 18 months of receipt of the Notice. The Notice has no immediate impact on the Company's common stock, and provided the NYSE approves the plan, the Company's common stock will continue to be listed and traded on the NYSE during the 18-month period, subject to the Company's compliance with other NYSE listing standards and periodic review by the NYSE of the Company's progress under the plan.
CRS

Hot Stocks

08:08 EST Carpenter Technology provides longer-term 2027 outlook - Goal to double fiscal year 2019 operating income by fiscal year 2027; Target represents a 40% CAGR over the period from fiscal year 2023 to fiscal year 2027; Significant progress towards goal expected in fiscal year 2024; Strong market demand outlook for our broad portfolio of specialized solutions; Leading capabilities and capacity in place to achieve goal; Expanding capacity via higher throughput while optimizing product mix; Opportunity to accelerate attainment of fiscal year 2027 goal
PRME

Hot Stocks

08:07 EST Prime Medicine receives up to $15M from CF foundation - Prime Medicine announced that the Cystic Fibrosis Foundation has agreed to provide the Company with up to $15 million to support the development of Prime Editors for the treatment of Cystic Fibrosis, CF. Funding from the CF Foundation will allow Prime Medicine to progress two distinct strategies for applying Prime Editing to treat CF: hotspot editing and PASSIGE. "Leveraging our Prime Editing technology, we hope to create a one-time, non-viral therapy, which can precisely correct the underlying genetic mutation that causes CF and potentially offer the first cure for this progressive, devastating disease," said Keith Gottesdiener, M.D., President and Chief Executive Officer of Prime Medicine. "We are pleased to advance this work together with the CF Foundation, an organization devoted to delivering transformative therapies - and one day a cure - that will allow all people with CF to live longer, healthier lives, with tremendous reach across the clinical, academic and patient communities. We believe their many resources and learnings will allow us to accelerate our ongoing efforts, investing in delivery optimizations and early research that could, if successful, allow many more people to achieve normal, healthy lung function."
CRS

Hot Stocks

08:06 EST Carpenter Technology sees Q3 operating income $74M-$79M - Unlocking capacity at key work centers, ramping to pre-COVID production rates; Projecting $74 million to $79 million in operating income in the third quarter; Expecting step up in profitability in the fourth quarter, reaching $97 million to $112 million in operating income; Projecting $310 million to $330 million in total operating income for fiscal year 2024; would achieve the most profitable year on record
SO

Hot Stocks

08:04 EST Southern Company's Alabama Power collaborates with Eco Material Technologies - Eco Material Technologies announced a collaboration with Alabama Power, a subsidiary of Southern Company, to harvest millions of tons of stored ash from Plant Barry, a coal- and natural gas-fired electrical generation facility in Bucks, Alabama. This project is the third such harvesting plant with Southern Company, following Plants Bowen and Branch in Georgia. Under the agreement, Eco Material will harvest more than 700,000 tons of stored ash per year from the plant. The effort will remove and beneficially use millions of tons of ash over the term of the agreement.
SPEC

Hot Stocks

08:02 EST Spectaire Holdings to expand into Brazil - Spectaire Holdings announced an extension of its' strategic distribution agreement with MLab, a partner of Namoa Digital, to bring the cutting-edge AireCore emissions measurement system to the South American trucking market.
NRGV

Hot Stocks

07:55 EST Energy Vault in new 10 year licensing deal with SADC region - Energy Vault Holdings announced that it has signed a new licensing and royalty agreement in the Southern African Development Community, SADC region. The agreement was executed in Q4 2023 with Gravity Energy Storage Solutions, a consortium company focused on energy storage deployments in Southern Africa, and includes one of the largest listed engineering, procurement and construction EPC companies in the region WBHO who will support all engineering, procurement and construction activities, as well as pan-African project engineering group iX Engineers and commercial developer Sizana Solutions ..The multi-year agreement is expected to facilitate multi-gigawatt hours GWh's of long duration Energy Vault GESS deployments to contribute to the SADC region's energy storage needs, estimated to reach over 125 GWh by 2035. .. Under the terms of the agreement, GESSOL will have exclusive rights to deploy Energy Vault's portfolio of gravity energy storage technology and VaultOS throughout the SADC region, a 16 member-state regional economic community with a mission to promote sustainable and equitable economic growth and socio-economic development. SADC's member states are comprised of: Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, United Republic Tanzania, Zambia and Zimbabwe.
SMHI

Hot Stocks

07:55 EST Seacor Marine to acquire four energy storage systems from Kongsberg - SEACOR Marine Holdings announced its commitment to acquire four energy storage systems from Kongsberg Maritime AS. The hybrid power solution, designed with cutting-edge technology, will be installed on four of SEACOR Marine's Platform Supply Vessels to enhance the way the Company manages energy consumption and emissions onboard these vessels. The four vessels included in the contract are the SEACOR Ohio, SEACOR Alps, SEACOR Andes and SEACOR Atlas. Installation is expected to begin in December 2024 and be completed by the second quarter of 2025. Once installed, more than 50% of SEACOR Marine's PSV fleet will be hybrid powered. The four PSVs, all of which will feature the Kongsberg Maritime UT771 CDL Design, will be equipped for battery hybrid operation with the installation of a containerised Deckhouse Energy Storage System and associated switchboards and thruster control systems. The upgrade will also include a new Kongsberg Maritime K-Pos Dynamic Positioning system installed to replace the current DP system on all four vessels. Beginning in February 2024 in Ulsteinvik, Norway, Kongsberg Maritime will also upgrade the UT771 CDL SEACOR Yangtze with the Deckhouse Energy Storage System.
USNA

Hot Stocks

07:52 EST Usana manufacturing facility receives GFSI certification from SQF - Usana earned a Global Food Safety Initiative - GFSI - certification of its foods manufacturing facility through the Safe Quality Foods - SQF - program. The certification pertains to Usana's enrobed snack bars and drink mix powders. In 2019, USANA opened a new foods facility next door to the company's main office and manufacturing hub in Salt Lake City, Utah. This ~43,000-square-foot manufacturing plant handles USANA's bar, gusset, single-serve, and powder blending production. GFSI is a coalition formed in 2000 made up of retailers, scientists, and other members of the Consumer Goods Forum from 70 countries around the world. The goal of GFSI is to reduce recalls and provide safer, more reliable products to consumers by defining elite industry standards. SQF is a food safety standard recognized by GFSI. This recognition means companies implementing SQF can demonstrate compliance with GFSI's global standards, enhancing their credibility and market access.
AMRC

Hot Stocks

07:50 EST Ameresco awarded ESPC contract from Michigan school district - Ameresco announced they have been awarded an Energy Savings Performance Contract, or ESPC, from Warren Woods Public Schools in Warren, Michigan. The collaboration aims to improve the district's facilities by promoting sustainability, energy efficiency and financial resilience. Under the ESPC, Ameresco will implement a variety of cutting-edge technologies and services to improve the overall energy infrastructure of Warren Woods Public Schools, which is comprised of one high school, one middle school, three elementary schools and one alternative high school. This ESPC leverages Inflation Reduction Act, or IRA, funds to include innovative renewable energy technologies such as solar and geothermal.
AAL BA

Hot Stocks

07:49 EST American Airlines has 20 MAX 8s planned for delivery this year, CEO tells CNBC
UNP

Hot Stocks

07:48 EST Union Pacific provides 2024 outlook - 2024 Outlook: Volume outlook muted by international intermodal business loss, lower coal demand, and soft economic conditions. Pricing dollars in excess of inflation dollars. No change to long-term capital allocation strategy. Capital plan of $3.4B. No first quarter share repurchases.
AAL BA

Hot Stocks

07:47 EST American Airlines CEO tells CNBC that Boeing needs to 'get their act together' - American Airlines CEO Robert Isom is speaking on CNBC.
UNP

Hot Stocks

07:46 EST Union Pacific reports Q4 operating ratio 60.9%, up 10 bps y/y - Revenue carloads were up 3%.
ARAY

Hot Stocks

07:46 EST Accuray Cybeknife system selected by Radiosurgery Center in Seattle - Accuray announced that the Providence Swedish Radiosurgery Center in Seattle, Washington is enhancing its cancer treatment capabilities with the purchase of the latest generation CyberKnife S7 System, the hospital's second CyberKnife radiation delivery device purchase.
NAAS

Hot Stocks

07:43 EST NaaS' charging pile products portfolio obtains CE certification from EU - NaaS announced its attainment of CE certification from the European Union for its full product portfolio of 14 charging pile models. These models are designed specifically for markets in Europe, the Middle East, and Asia-Pacific regions and are also available for go-to-sale in these regions. The certified products include eight models of DC charging piles with power ranging from 50kW to 240kW and six models of AC charging piles with power options of 7kW, 11kW, and 22kW. The CE certification is a mandatory safety mark for products required by the laws of the EU and also acts as a permit for products to enter the markets of the EU and countries within the European Free Trade Association. The attainment of EU CE certification grants NaaS the qualification to introduce its charging pile products into the European market.
NESR

Hot Stocks

07:43 EST National Energy Services announces inauguration of 'Carbon Light' brine plant - National Energy Services Reunited announced the inauguration of its flagship 'Carbon Light' oilfield brine plant in North Rumaila. The project and opening ceremony were conducted with BECL operating Rumaila Operating Organization in Iraq. NESR undertook the investment in the 'Carbon Light' brine plant as part of an existing, long-term brine supply agreement to support ROO operations in North Rumaila. Leveraging partner Clean TeQ's continuous ion filtration and high-recovery reverse osmosis technology, the first such deployment globally in the upstream energy sector, NESR & BP endeavor to re-envision the way that oilfield brine is manufactured, and also substantially reduce water waste and the carbon footprint associated with brine supply.
NEP

Hot Stocks

07:40 EST NextEra Energy Partners sees 2024 r adjusted EBITDA $1.9B-$2.1B - NextEra Energy Partners continues to see 5% to 8% growth per year in limited partner distributions per unit, with a current target of 6% growth per year, as being a reasonable range of expectations through at least 2026. The partnership does not expect to need an acquisition in 2024 to achieve its 6% limited partner distribution growth target, does not expect to require growth equity until 2027 and expects its payout ratio to be in the mid-90s through 2026. The partnership expects the annualized rate of the fourth-quarter 2024 distribution that is payable in February 2025 to be $3.73 per common unit.
WLY

Hot Stocks

07:38 EST Wiley says confident will meet medium-term targets amid recent reorganization - Wiley will host its Investor Update on Thursday.. at 10 am E.T. to discuss the company's business and financial outlook. This virtual event will feature presentations by key members of the executive management team and focus on Wiley's execution on the following priorities: Wiley's recent reorganization around its Research & Learning core to better leverage its competitive advantage, drive scale, and improve operating and capital efficiency. The implementation of a 'focus and optimize' strategy to deliver healthy revenue growth and material margin improvement in Fiscal Years 2025 and 2026. Wiley will share its medium-term targets for revenue growth, Adjusted EBITDA margins, and Free Cash Flow. "We continue to execute well on our value creation plan to make Wiley a stronger and more profitable company, giving us confidence in our ability to meet our medium-term targets and deliver sustained long-term success," said Matthew Kissner, Wiley's interim president and CEO. "Our renewed focus on our core presents exciting opportunities to grow by leveraging our must-have content and solutions for high-demand areas of the knowledge economy."
BHLB

Hot Stocks

07:37 EST Berkshire Hills Bancorp announces $40M share repurchase program
BABYF

Hot Stocks

07:37 EST Else Nutrition to launch toddler products, RTD Kids Shakes in supermarket chain - ELSE NUTRITION HOLDINGS announced the launch of its toddler products and Ready-to-Drink Kids Shakes in both Chocolate and Vanilla flavors in a prominent supermarket chain with over 100 stores throughout the Northeast.
OPRX

Hot Stocks

07:36 EST OptimizeRx announces Chairperson Halas retiring, Vos to succeed - OptimizeRx announces changes to its Board of Directors reflecting a strategic move to further align with the company's growth plans. After nearly a decade of service, Gus Halas is retiring from his position as Chairperson of the Board. Effective immediately, Lynn O'Connor Vos will assume the role of Chairperson of the Board, succeeding Halas. Vos has been a seasoned and respected member of the OptimizeRx Board since 2015. Further strengthening the Board's expertise, OptimizeRx announces the appointment of Catherine Klema as a new member of the Board.
KHTRF AMRX

Hot Stocks

07:36 EST Knight Therapeutics, Amneal Pharmaceuticals enter license agreement - Knight Therapeutics (KHTRF) entered into an exclusive license agreement with Amneal Pharmaceuticals (AMRX), granting Knight the exclusive rights to seek regulatory approval and commercialize IPX203 in Canada and Latin America. IPX203 is a novel, oral formulation of carbidopa/levodopa extended-release capsules designed for the treatment of Parkinson's disease. Financial terms of the agreement were not disclosed. IPX203 contains immediate-release granules and extended-release coated beads. The IR granules consist of CD and LD, with a disintegrant polymer to allow for rapid dissolution. The ER beads consist of LD, coated with a sustained release polymer to allow for slow release of the drug, a mucoadhesive polymer to keep the granules adhered to the area of absorption longer, and an enteric coating to prevent the granules from disintegrating prematurely in the stomach. IPX203 was studied in the RISE-PD clinical study which was a 20-week, randomized, double-blind, double-dummy, active-controlled, phase 3 clinical trial with 630 patients. The RISE-PD study met its primary and secondary endpoints and showed that treatment with IPX203 demonstrated statistically significant improvement in daily "Good On" time with fewer doses of IPX203 compared with immediate-release carbidopa-levodopa, with IPX203 dosed a mean three times per day vs 5 times per day for immediate-release carbidopa-levodopa.
CYTK

Hot Stocks

07:35 EST Cytokinetics presents new data at CMR 2024 from FOREST-HCM - Cytokinetics announced new data at CMR 2024 demonstrating favorable effects on cardiac structure, function and fibrosis related to treatment with aficamten in FOREST-HCM, the open label extension clinical trial of aficamten in patients with hypertrophic cardiomyopathy, HCM. New data presented from the cardiac magnetic resonance sub-study in FOREST-HCM show that treatment with aficamten for 48 weeks resulted in favorable cardiac structural remodeling, improvements in cardiac function, and stabilization of myocardial fibrosis. At the time of this analysis, 16 patients in FOREST-HCM had completed a CMR at baseline and at Week 48. Baseline characteristics of the CMR cohort were comparable to the overall patient population in FOREST-HCM. In this trial, treatment with aficamten for 48 weeks resulted in statistically significant improvements in measures of cardiac structure and function including left ventricular mass index, maximum left ventricular septal wall thickness, left atrial volume, and mitral regurgitant volume and fraction. Additionally, treatment with aficamten stabilized interstitial and replacement myocardial fibrosis, with no increase in the fibrosis mass, as measured by absolute mass of late gadolinium enhancement.
AGFY

Hot Stocks

07:34 EST Agrify announces results of reconvened annual meeting - Agrify Corporation announced that the shareholders of the Company approved an amendment to the Company's Articles of Incorporation to increase the number of authorized shares of the Company's common stock from 10,000,000 to 35,000,000, that all its outstanding debt held by CP Acquisitions, an entity affiliated with Raymond Chang, the CEO of the Company and a member of the Board of Directors, and I-Tseng Jenny Chan, a member of the Board, has been consolidated under a single convertible note and approximately $3.9 million of the outstanding debt has been converted into equity at a conversion price per share equal to $1.46, or 212% premium to the latest closing price, and that its prior secured lender has exercised 2,475,629 of the warrants previously issued in October 2023 on a cashless basis for a net issuance of 2,473,542 shares of common stock, thus greatly reducing the number of outstanding warrants. The Company's Annual Meeting of Stockholders on January 8, 2024 was adjourned until January 22, 2024, only with respect to the proposal to approve the Charter Amendment, owing to Item 3 receiving less than the affirmative vote of a majority of the Company's outstanding common stock as of the record date of December 6, 2023, which was the required minimum vote to approve the Charter Amendment. At the Reconvened Meeting, shares representing approximately 51.6% of the outstanding shares of common stock as of the record date were voted in favor of the Charter Amendment, representing approximately 94.6% of votes cast on the proposal, resulting in the Charter Amendment being approved. The Charter Amendment will provide the Company with a number of shares of common stock so that common stock can be issued in connection with conversion of the Restated Note into equity, among other things. In addition, the New Lender, which previously purchased from the Prior Lender the Senior Secured Note issued by the Company to the Prior Lender on August 19, 2022 and the Senior Secured Convertible Note issued by the Company to the Prior Lender on March 10, 2023, and to which the Company previously issued a junior secured promissory note with a maximum principal amount of $4,000,000, entered into a consolidation, amendment and restatement of the Convertible Note with the Company to consolidate the outstanding principal and interest due under the Junior Secured Note and the Exchange Note into the Convertible Note and to amend and restate the Convertible Note consistent with the terms contained in the proposal approved by the stockholders of the Company at the Annual Meeting, with an outstanding principal amount of approximately $18.9 million at the time of issuance of the Restated Note. Immediately following the execution of the Restated Note, the New Lender elected to convert approximately $3.9 million of outstanding principal into an aggregate of 2,671,633 shares of common stock, at a conversion price of $1.46 per share, and assigned its rights to receive such shares to entities affiliated with Mr. Chang and Ms. Chan. Concurrently, GIC Acquisition, another entity affiliated with Mr. Chang, agreed to increase the principal amount under its previously-issued junior secured note from $0.5 million to $1 million. On January 22, 2024, pursuant to notices of exercise received from the Prior Lender, the Company issued an aggregate of 2,473,542 shares of common stock to the Prior Lender upon the cashless exercise of two warrants issued to the Prior Lender on October 27, 2023. The issuance of the Warrant Shares represents the full exercise of the Abeyance Warrant as described in the Company's Current Report on Form 8-K filed on October 30, 2023 and the partial exercise of the Exchange Warrant as described in the October 30 Form 8-K, which remains exercisable for up to 659,669 shares of common stock, subject to adjustment pursuant to its terms. The consolidation of the outstanding debt held by the New Lender into the Restated Note and the conversion of some amount of the debt thereunder, together with the reduction in the number of outstanding warrants held by the Prior Lender is expected to result in a reduction in liabilities on the Company's balance sheet, which the Company believes will help it to regain compliance with Nasdaq's Listing Rule 5550(b)(1), which requires that listed companies maintain a minimum of $2.5 million in stockholders' equity.
NCNO

Hot Stocks

07:33 EST The Bank of Bennington adopted nCino's Consumer Banking Solution - nCino announced that The Bank of Bennington has adopted nCino's Consumer Banking Solution, expanding its established relationship with nCino and driving an omnichannel experience across the Bank's personal banking and mortgage lending business. After seeing efficiency gains in its mortgage operations as a result of its use of nCino's Mortgage Suite, Bennington saw the value in utilizing a single platform across business lines and made the strategic decision to implement the nCino Consumer Banking Solution. By combining nCino's cloud-based solutions with Bennington's commitment to its customers, the partnership serves to enhance the banking experience by offering a seamless and consistent journey.
IFRX

Hot Stocks

07:32 EST InflaRx announces initiation of its commitment program for GOHIBIC - InflaRx Pharmaceuticals, a subsidiary of InflaRx N.V., announced that the Company has launched The InflaRx Commitment Program. Pursuant to the Commitment Program, the cost of GOHIBIC will be refunded for up to six administered inpatient doses to institutions that meet the eligibility requirements, for patients who were administered GOHIBIC in line with its EUA and who died due to COVID-19 in the intensive care unit. In April 2023, the U.S. Food and Drug Administration, FDA, issued an EUA for GOHIBIC for the treatment of COVID-19 in hospitalized adults when initiated within 48 hours of the patient receiving invasive mechanical ventilation, IMV, or extracorporeal membrane oxygenation, ECMO. While GOHIBIC has been FDA authorized, it is not FDA approved for this use. Prof. Niels Riedemann, Chief Executive Officer, and Founder of InflaRx, commented: "COVID-19 continues to take far too many lives. Despite this unacceptable situation, patients do not always have access to approved or authorized treatment options. With today's announcement, we are demonstrating our strong commitment to help make GOHIBIC available for the most affected COVID-19 patients as a potential life-saving therapy. There are currently no approved or authorized alternatives to GOHIBIC, and we believe that all eligible patients and the physicians responsible for their care should have access to this treatment."
SGNLF

Hot Stocks

07:31 EST Signal Gold further consolidates Goldboro Gold District - Signal Gold has further consolidated the Goldboro Gold District, increasing its exploration license area to over 27,200 hectares surrounding the Company's Goldboro Gold Project in Nova Scotia, Canada. This new land position, immediately north of, and contiguous with Goldboro, was acquired through the staking of seven exploration licenses, covering 7,771.2 hectares that covers gold, antimony and tungsten glacial till anomalies. These anomalous till samples, and associated geophysical targets, have not been previously drill tested and represent additional discovery potential in the Goldboro Gold District. "While we continue to successfully expand the Goldboro Deposit through drilling and progress permitting for Goldboro, we are also excited to further consolidate such a highly prospective area contiguous with the Goldboro Project in the Goldboro Gold District. The strong tenor of gold anomalies over a large area and coincident antimony and tungsten anomalies points to the potential of this exploration land to host orogenic gold and/or polymetallic skarn mineralization. Signal Gold's greatly expanded exploration land position in the Goldboro area, now at over 27,200 hectares, gives the Company and its shareholders an excellent opportunity for additional discovery adjacent to the significant development-stage project at Goldboro. We believe there is significant potential to discover Goldboro-like deposits within the region, which can leverage the planned mine and mill infrastructure at Goldboro and create a long-term gold mining camp." Kevin Bullock, President and CEO. The newly acquired exploration area, known as Stewart Brook, covers an area of historic till sampling from 1986-1988 by Seabright Resources Inc. which defined a combined gold, antimony and tungsten till anomaly over a 10 by 4 kilometre area. Of the 497 historic samples taken within the region, gold in till values ranged from 0 to 7000 ppb gold, with 24 of these samples assaying above 220 ppb gold of which 20 samples lie within the Project area. Tungsten values range from 0 to 48 ppm, with 26 of these samples assaying above 10 ppm tungsten of which 18 samples lie within the Project area. Antimony values range from 0 to 3 ppm, with 23 of these samples assaying above 0.9 ppm tungsten of which 11 samples lie within the Project area. The area, including the zone of anomalous historic tills, is underlain by sedimentary rocks of the Goldenville Group, the same rocks hosting the nearby Goldboro Deposit, that have been intruded by Devonian granites of the South Mountain Batholith. Rocks have been deformed by upright folding and faulting that make it a favourable environment to host orogenic gold deposits. Furthermore, the presence of younger granites provides a permissible environment for polymetallic skarn mineralization, similar to the East Kemptville Mount Pleasant, Lake George and Sisson Brook deposits. The 10 by 4 kilometre gold, antimony, tungsten glacial till anomaly trends southeast and is sub-parallel to the main glacial transport direction. The northern extent of the anomaly coincides with the northern contact between a granite intrusion and the host Goldenville Group sedimentary rocks delineated by an east-west trending magnetic high. This forms a favourable target for follow-up exploration with a known east-west trend along strike length of approximately 4 kilometres. Two of the licenses in the Ocean Lake area are pending issuance by the Nova Scotia Department of Natural Resources and Renewables, which are expected imminently.
LASE

Hot Stocks

07:28 EST Laser Photonics receives order from Karavan Trailers for CleanTech laser system - Laser Photonics received an order from Karavan Trailers for its CleanTech LPC-1500-CTHD laser cleaning system.
GAME

Hot Stocks

07:27 EST GameSquare launches Moonlight Studios - GameSquare Holdings expands its creative services with the launch of Moonlight Studios. Moonlight Studios, which has been operating in stealth mode over the last 6 months, is focused on creating unique and innovative experiences for brands by building custom worlds inside metaverse-style games like Fortnite, Roblox and Grand Theft Auto. Moonlight Studios leverages the resources and capabilities of Zoned, a full-service strategy and creative agency built at the intersection of gaming and pop culture and wholly-owned subsidiary of GameSquare; they've worked with major global brands including Cash App, Amazon, Epic Games, and Jack in The Box. Moonlight Studios has a team of in-house experts led by its Head of Studio, Kyle "Kazify/Kaz" Rapozo, a former professional Fortnite player for FaZe Clan, the popular esports and entertainment organization to be acquired by GameSquare. Having collaborated with numerous blue-chip brands and competed in the 2019 Fortnite World Cup Creative Finals, Kaz leads a team of gamers-turned-developers, infusing a creative, hands-on approach into every campaign. The team at Moonlight Studios has studied platform algorithms and user behavior to understand what types of experiences are in demand. Between Zoned's cultural insights and audience expertise, the support of development partners such as Alliance Studios, and Kaz's creative direction / marketing first approach, Moonlight is able to deliver calculated creative concepts bringing digital realities to life and has created successful experiences for multiple global brands.
HUM

Hot Stocks

07:26 EST Humana anticipates $1B in share repurchases in 2024 - Approximately $400M of which has been completed to date.
HUM

Hot Stocks

07:21 EST Humana: Medicare Advantage sector 'navigating significant regulatory changes' - In prepared remarks, the company said, "The Medicare Advantage sector is navigating a complex and dynamic period of change. The sector is navigating significant regulatory changes while also absorbing unprecedented increases in medical cost trends. We believe the elevated MA medical costs are an industry dynamic, not specific to Humana, and that they may persist for an extended period or, in some cases, permanently reset the baseline. Our initial 2024 Adjusted EPS outlook of 'approximately $16' assumes these higher costs persist throughout 2024, which we believe is prudent, as initial claims data suggests they are not seasonal or short term in nature. The MA program was designed to be able to adjust to unexpected medical trend through annual revisions to CMS benchmarks, the inherent mechanism of risk adjustment and the ability to re-price annually. Although we intend to prioritize margin recovery over membership growth near-term, we no longer believe the previously communicated $37 Adjusted EPS target for 2025 is achievable. It is our intent to deliver $6 to $10 of Adjusted EPS growth in 2025 through MA pricing actions, earnings growth in other lines of business, as well as our ongoing productivity and trend mitigation initiatives. Despite these near-term challenges and need for an industry response, we have conviction that the strong core fundamentals and growth outlook for MA and value-based care remain intact and that Humana's platform, unique focus on MA, and expanding CenterWell capabilities will allow us to compete effectively and deliver compelling shareholder value over the long-term."
TLRY

Hot Stocks

07:20 EST Tilray's Breckenridge Brewery releases 'Juicy Oasis Fruited Hazy IPA' - Breckenridge Brewery introduces its latest beer - the Juicy Oasis Fruited Hazy IPA. Kicking it up a notch with a fruit-forward taste and powerful 9.6% ABV, this beer is bursting with the smooth blend of Pineapple and Passionfruit and uses real agave nectar - perfect for both the avid hazy IPA enthusiast and the fruit-minded beer drinker. The launch of Juicy Oasis builds on Breck Brew's success with Hazy IPAs and is a new take on last year's Imperial Watermelon Lime Agave Wheat brew now with a more luscious tropical essence.
NKOSF

Hot Stocks

07:20 EST Labrador Gold reports results from recent drilling at Appleton Fault Zone - Labrador Gold announces results from recent drilling targeting the highly prospective Appleton Fault Zone. The drilling is part of the Company's ongoing 100,000 metre diamond drilling program at its 100% owned Kingsway Project. "We are excited by the results from the first hole at HM. While it is good to see the high grade associated with the visible gold, it is very encouraging to see continuous, anomalous gold in the country rock to the quartz veins throughout much of the hole," said Roger Moss, President and CEO of Labrador Gold. "This new occurrence, the seventh to be found by the LabGold team since we started work on the property, continues to demonstrate the significant prospectivity of the area around the Appleton Fault Zone at Kingsway. With a total strike length of approximately 12km across the property, we are optimistic that more occurrences will be uncovered going forward."
DPRO

Hot Stocks

07:19 EST Draganfly enrolls Commander 3XL platform in the Green UAS program - Draganfly announces it has enrolled the Commander 3XL platform in the Green UAS program, a new program administered by the Association for Uncrewed Vehicle Systems, AUVSI. In this initiative, coupled with the associated Trusted Cyber program, Draganfly aims to achieve certification for the Commander 3XL platform, ensuring it meets the most stringent cybersecurity and supply chain standards specified in the National Defense Authorization Act, NDAA. Draganfly's engagement in the Green UAS program is geared towards fast-tracking the endorsement of the Commander 3XL platform among commercial entities and state and federal government agencies, including the Departments of Defense and Homeland Security. "The Commander 3XL from Draganfly, recognized for its dependability, is now actively deployed across the globe by premier commercial users and governmental bodies," said Cameron Chell, CEO and President of Draganfly. "Engaging in the Green UAS program allows us to underscore our system's advanced nature and high quality. This initiative is crucial for facilitating its broader acceptance by American government agencies in areas such as defense, homeland security, and public safety, where stringent security and trustworthiness are paramount."
CRON

Hot Stocks

07:18 EST Cronos Group reports 6.9% market share for Spinach brand in Q4 - Cronos Group announced that its brand, Spinac, closed 2023 as the number one ranked flower brand in Canada with a 6.9%1 market share in the fourth quarter. Spinach flower products have resonated strongly with consumers, leading to a significant increase in its ranking from the fourth best-selling flower brand in 2022, to become the best-selling flower brand in Canada in 2023.
BRKR

Hot Stocks

07:18 EST Bruker announces agreement to acquire Chemspeed, no terms - Bruker announced a definitive agreement for the acquisition of Chemspeed Technologies , a Swiss provider of vendor-agnostic automated laboratory R&D and QC workflow solutions. Chemspeed is focused on modular automation and robotics solutions for chemical research, pharma drug formulation, materials research for cleantech and consumer applications. Chemspeed's modular, compact FLEX automation workstations enhance chemical and materials science R&D and lab productiviity.Strategically, Chemspeed's automation solutions strengthens Bruker's Project Accelerate 2.0 initiative 'Assays, Software and Aftermarket'. The closing of the transaction is expected to occur in the first half of 2024, subject to regulatory reviews. Financial details of the transaction were not disclosed. In 2023, Chemspeed generated revenues greater than $50M, and Chemspeed was profitable.Specifically, Chemspeed offers a portfolio of flexible automation modules, ranging from bench-top workstations to integrated automated R&D workflows, which can transform R&D productivity in industries such as pharmaceuticals, biotech, chemicals, cleantech, materials, cosmetics and food. Chemspeed automation is used every day in top R&D and QC laboratories globally, setting standards in lab automation. Chemspeed also offers compliance-ready workflow solutions to automate and digitalize R&D and QC in regulated environments, ensuring data integrity, traceability and quality.
LVTX MRK

Hot Stocks

07:18 EST Lava enters collaboration with Merk to evaluate LAVA-1207, KEYTRUDA - LAVA Therapeutics (LVTX) announced that it has entered into a clinical trial collaboration and supply agreement with Merck & Co (MRK) to evaluate its anti-PD-1 therapy KEYTRUDA in combination with LAVA-1207, a Gammabody designed to target the prostate-specific membrane antigen to trigger the potent and preferential killing of PSMA-positive tumor cells, in patients with therapy refractory metastatic castration-resistant prostate cancer. Under the terms of the agreement, Merck & Co., Inc., Rahway, NJ, USA will provide pembrolizumab for the dose escalation and expansion phases of LAVA's ongoing Phase 1/2a study of LAVA-1207, with the combination arm expected to be initiated in the first half of 2024. Enrollment and dose escalation will also continue in the LAVA-1207 monotherapy and interleukin-2 arms of the study. "We are excited to work with Merck & Co., Inc., Rahway, NJ, USA as we continue to unlock the therapeutic potential of LAVA-1207 and explore its potential capabilities in combination with KEYTRUDA," said Stephen Hurly, President and Chief Executive Officer, LAVA. "To date, LAVA-1207 has demonstrated a favorable safety profile and shown preliminary signs of anti-tumor activity. Prostate cancer has presented challenges for immune checkpoint therapies in the past - we are hopeful the combination of our products may deliver important clinical outcomes."
GUROF

Hot Stocks

07:17 EST Guru Organic Energy expects momentum in net revenue growth to continue - At this time, management currently expects the momentum in terms of net revenue growth and loss reduction to continue in the short to medium term.
HUM

Hot Stocks

07:17 EST Humana no longer believes 2025 adjusted EPS target of $37.00 achievable - In prepared remarks, the company said, "With respect to 2025, due to the significant impact of the MA medical cost trends, we no longer believe the previously communicated $37 Adjusted EPS target is achievable. That said, we intend to prioritize margin recovery over membership growth in the near term and anticipate $6 to $10 in Adjusted EPS growth in 2025. This growth will be driven by MA pricing actions, earnings growth in other lines of business, as well as our ongoing productivity and trend mitigation initiatives. As a result of our intended pricing actions, membership growth may lag industry growth in 2025, depending on the level of competitor adjustments, re-positioning us for sustainable and more profitable growth on a go-forward basis. It is important to keep in mind that to the degree 2024 financial performance improves, it will increase the base from which to apply the currently expected $6 to $10 of 2025 Adjusted EPS growth. To be more specific on our 2025 outlook we need to understand the impacts of the 2025 MA rate notice, further evaluate the persistency of recent emerging trends, and contemplate peer performance in 2024 along with the anticipated competitive environment for 2025 to assess impacts to membership growth of our intended pricing actions. We will provide an update on our 2025 outlook post bid finalization."
PMTS

Hot Stocks

07:16 EST CPI Card Group names John Lowe President and CEO - CPI Card Group announced John Lowe has been named its new President and Chief Executive Officer and appointed to the Company's Board of Directors, effective immediately. Lowe succeeds outgoing President and Chief Executive Officer Scott Scheirman, who had previously announced his intention to retire in early 2024. Lowe has been with CPI Card Group since 2018, most recently as Executive Vice President, End-to-End Payment Solutions since late 2022. In this role he was responsible for a significant majority of the Company's revenues and operations. He previously served as the Company's Senior Vice President and General Manager, Secure Card, beginning in 2021, and was the Company's Chief Financial Officer from 2018 through 2021.
FGEN

Hot Stocks

07:16 EST FibroGen completes pamrevlumab arm in Precision Promise Phase 2/3 trial - FibroGen announced graduation and completion of the pamrevlumab experimental arm in the Pancreatic Cancer Action Network's, PanCAN, Precision Promise Phase 2/3 adaptive platform trial, which evaluates pamrevlumab in combination with the chemotherapy treatments gemcitabine and nab-paclitaxel for patients with metastatic pancreatic ductal adenocarcinoma, mPDAC. Topline data from this registration study is anticipated in the second quarter of 2024. Pamrevlumab, in Stage 1 of the trial, achieved a protocol pre-specified greater than or equal to 35% predictive probability of success for the primary endpoint of overall survival at the completion of the trial, and thus graduated to the second and final Stage of the trial in the third quarter of 2022. Pamrevlumab is the first experimental arm to meet its required threshold for graduation to Stage 2 in the adaptive platform trial. The pamrevlumab arm of the study completed Stage 2 of the trial in January 2024. "We are excited to announce the achievement of this significant milestone in Precision Promise. The graduation and completion of the pamrevlumab arm of this study brings a potential new therapy one step closer for patients with metastatic pancreatic cancer, an underserved population with limited treatment options," said Thane Wettig, Chief Executive Officer, FibroGen. "We look forward to continuing to work with PanCAN in sharing the topline data in the coming months."
ZNTL ZYME

Hot Stocks

07:14 EST Zentalis appoints Hausman as CMO, Rasbach as CBO - Zentalis Pharmaceuticals (ZNTL) announced that Diana Hausman, M.D., a member of Zentalis' Board of Directors, was appointed as Chief Medical Officer, CMO, and Kyle Rasbach, Ph.D., Pharm.D., was appointed as Chief Business Officer, CBO. Dr. Hausman is an oncologist with over a decade of experience as a Chief Medical Officer, having previously served in the role at Link Immunotherapeutics, Lengo Therapeutics, Zymeworks (ZYME), and Oncothyreon. Dr. Hausman will succeed Carrie Brownstein, M.D., who is stepping down for personal reasons. Dr. Brownstein will remain with Zentalis as a consultant for a transitional period. Dr. Rasbach comes to Zentalis from Eventide Asset Management, where he was a Portfolio Manager for Eventide's healthcare and life sciences strategies, a Managing Director for Eventide Ventures, and a Senior Research Analyst for other Eventide investments.
LTRX

Hot Stocks

07:14 EST Lantronix appoints Christa Steele to board of directors - Lantronix nnounced that Christa Steele is joining the Company's Board of Directors as an independent director, effective Jan. 24, 2024. Following the appointment of Steele, the Board will be comprised of six directors, five of whom are independent under applicable listing standards of the Nasdaq Stock Market. In early 2022, Steele was appointed interim CEO for Balco Holdings
RPTX RHHBY

Hot Stocks

07:12 EST Repare Therapeutics earns $40M milestone payment from Roche for TAPISTRY trial - Repare Therapeutics (RPTX) announced that, under its worldwide license and collaboration agreement with Roche (RHHBY) for the development and commercialization of camonsertib, it has earned a $40M milestone payment from Roche upon dosing of the first patient with camonsertib in Roche's TAPISTRY trial. TAPISTRY is a Phase 2, global, multicenter, open-label, multi-cohort clinical trial designed to evaluate the safety and efficacy of targeted therapies or immunotherapy in participants with unresectable, locally advanced or metastatic solid tumors determined to harbor specific oncogenic genomic alterations. In October, Roche also enrolled the first patient in a camonsertib-based arm in its Phase 1b/2 clinical trial of multiple immunotherapy-based treatment combinations in participants with metastatic non-small cell lung cancer. The TAPISTRY and MORPHEUS trials are actively enrolling patients. In collaboration with Roche, Repare is continuing to conduct tumor specific expansions in the ATTACC trial to support future clinical development for camonsertib + PARP inhibitor combinations. Under the terms of its collaboration with Roche, Repare received a $125M upfront payment in July 2022, as well as $13.6M in additional payments, and is eligible to receive up to $1.2B in potential clinical, regulatory, commercial and sales milestone payments, and royalties on global net sales ranging from high-single-digits to high-teens. The collaboration also provides Repare with the ability to opt-in to a 50/50 U.S. co-development and profit share arrangement, including participation in U.S. co-promotion if U.S. regulatory approval is received. If Repare chooses to exercise its co-development and profit share option, it will continue to be eligible to receive certain clinical, regulatory, commercial and sales milestone payments, in addition to full ex-U.S. royalties.
NOC

Hot Stocks

07:12 EST Northrop Grumman takes B-21 charge of $1.17B - Northrop Grumman said: "In 2015, the U.S. Air Force awarded Northrop Grumman the B-21 contract, which includes a base contract for engineering, manufacturing, and design and five low-rate initial production, or LRIP, options. The EMD phase of the program is largely cost type and began at contract award. The LRIP options are largely fixed price and are expected to be awarded and executed through approximately the end of the decade. During the fourth quarter of 2023, the B-21 program entered flight testing and the company received an award for the first LRIP lot. We previously disclosed it was reasonably possible one or more of the LRIP options could be performed at a loss principally due to the company's estimate of the impact macroeconomic factors may have on our cost to complete the LRIP options, as well as ongoing discussions with our suppliers and our customer. During the fourth quarter of 2023, we again reviewed our estimated profitability on the LRIP phase of the program, and we now believe it is probable each of the first five LRIP lots will be performed at a loss. The loss is largely driven by a change in our assumptions regarding funding to mitigate the impact of macroeconomic disruptions on the LRIP phase of the program and higher projected manufacturing costs that reflect recent supplier negotiations and our experience in completing the first aircraft."
PBLA

Hot Stocks

07:12 EST Panbela Therapeutics exceeds 50% enrollment for its ASPIRE trial - Panbela Therapeutics announced it has reached 50% enrollment for its ASPIRE global clinical trial in the first-line treatment of metastatic pancreatic cancer. ASPIRE is a global randomized, double-blind placebo-controlled clinical trial to evaluate ivospemin in combination with gemcitabine and nab-Paclitaxel in patients with metastatic pancreatic ductal adenocarcinoma. "We're thrilled to have surpassed 50% enrollment for the ASPIRE trial and to be moving faster than originally projected," said Jennifer Simpson, PhD, MSN, CRNP, President & Chief Executive Officer of Panbela. "As we have reached the near full complement of sites open and enrolling, we have seen a steady cadence of enrollment, expecting full enrollment to be completed by Q1 2025. We are looking forward to the interim data analysis based on overall survival in mid-2024."
ORTX

Hot Stocks

07:12 EST Orchard enters agreement with Beneluxa enabling reimbused access to Libmeldy - Orchard Therapeutics announced the company has reached an agreement with the Beneluxa Initiative on Pharmaceutical Policy, Beneluxa, enabling reimbursed access to Libmeldy, a hematopoietic stem cell, HSC, gene therapy, approved for the treatment of early-onset metachromatic leukodystrophy, MLD. The agreement covers several member countries, including Belgium, The Netherlands, and Ireland. It follows similar arrangements made with reimbursement authorities in the United Kingdom, Italy, Germany, Sweden, Iceland, Finland and Norway, and is a key component of the company's geographic expansion plans. "Following its approval, health technology assessment authorities across Europe have continued to recognize the impact of Libmeldy commensurate with its clinical, economic and societal value," said Robin Kenselaar, senior vice president, EMEA at Orchard Therapeutics. "We are pleased to have reached an agreement with the Beneluxa consortium that enables sustainable access to treatment. The agreement came after the acceptance of additional long-term data and marks a reversal of the outcome from earlier negotiations with the consortium which ended without reaching an arrangement. We remain committed to broadening access to this important therapy in new geographies for the benefit of eligible patients and their families."
HUM

Hot Stocks

07:09 EST Humana falls 12% to $352.81 after weak FY24 adjusted EPS outlook
AAL

Hot Stocks

07:08 EST American Airlines ends year with $10.4B of available liquidity - Strengthening the balance sheet remains a top priority for the company. American reduced total debt3 by more than $500 million in the fourth quarter and by approximately $3.2 billion in 2023. The company is more than 75% of the way to its goal of reducing total debt3 by $15 billion by the end of 2025. As of Dec. 31, 2023, American had reduced its total debt3 by approximately $11.4 billion from peak levels in mid-2021. The company ended the year with approximately $10.4 billion of total available liquidity, comprised of cash and short-term investments plus undrawn capacity under revolving and other short-term credit facilities.
AAL

Hot Stocks

07:08 EST American Airlines reports Q4 operating margin ex-items 5.1% - For the full year, American produced record revenue of nearly $53 billion. In the fourth quarter, the company generated revenue of more than $13 billion and an operating margin of 5.0% on a GAAP basis. Excluding the impact of net special items1, American produced an operating margin of 5.1% in the fourth quarter, exceeding the high end of the company's prior guidance. These results were driven by continued strong demand for American's product, record revenue from its travel rewards program, strong operational performance and effective cost control.
AAL

Hot Stocks

07:07 EST American Airlines operates nearly 2M flights in 2023 - American and its regional partners operated nearly 2 million flights in 2023, with an average load factor of 83.5%. The company produced its best-ever fourth-quarter and full-year completion factor, with the lowest number of cancellations annually since the merger in 2013. The airline's strong operational momentum continued through the holiday travel period. American achieved its best-ever completion factor and on-time departures as well as its lowest mishandled baggage rate over the holidays.
CNTG

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07:06 EST Centogene, The Lab announce rare disease research collaboration - Centogene and the Laboratory of Human Genetics of Infectious Diseases at Institut Imagine today announced a strategic research collaboration to improve health outcomes for rare disease patients by accelerating and de-risking drug discovery and clinical development. As part of the collaboration, CENTOGENE and the Lab will leverage the CENTOGENE Biodatabank, which contains over 70 million unique genetic variants collected from more than 800,000 patients from over 120 countries - providing valuable and unparalleled insights into the role that specific genes play in disease. Together, CENTOGENE and the Lab will jointly agree on future research projects that will integrate multiomics and bioinformatics to analyze this highly diverse data to discover and validate novel genetic and biochemical targets that can be used for future development of rare disease therapies. By proving and validating the relevance of a target to disease and that modulating it will have the desired outcome, drug discovery and development can be significantly accelerated and de-risked. Specific targets of the collaboration have not been disclosed.
AAL

Hot Stocks

07:04 EST American Airlines CEO says company remains 'well-positioned' for the future - "The American Airlines team produced an exceptionally strong performance in 2023," said American's CEO Robert Isom. "We are delivering on our commitments and remain well-positioned for the future, supported by the strength of our network and travel rewards program, our young and simplified fleet, our operational reliability, and our outstanding team. As we look forward, we remain focused on delivering a reliable operation for our customers and reengineering the business to build an even more efficient airline."
AAL

Hot Stocks

07:03 EST American Airlines reduces total debt by $3.2B in 2023 - Reduced total debt by $3.2 billion in 2023. The company is more than 75% of the way to its 2025 total debt reduction goal.
LUV

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06:55 EST Southwest sees FY24 ASMs up 6% - Sees FY24 economic fuel costs per gallon $2.55-$2.65. Sees FY24 capital spending $3.5B-$4B.
BW

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06:52 EST Babcock & Wilcox awarded 75MW of solar EPC contracts in Pennsylvania - Babcock & Wilcox subsidiary Babcock & Wilcox Solar Energy has been awarded contracts by Cypress Creek Renewables to implement three utility-scale photovoltaic solar power installations totaling 75 megawatts in western Pennsylvania. When complete, each solar installation will be capable of generating approximately 25 megawatts of clean, zero-carbon energy - enough to power around 10,000 homes - while creating nearly 90 construction jobs for the duration of the projects. Site work for the first project began in November 2023, and work for the second and third projects is scheduled to begin in March 2024. All three facilities are anticipated to be operational in 2024.
VERA

Hot Stocks

06:45 EST Vera Therapeutics' atacicept shows positive Phase 2b data in IgA nephropathy - Vera Therapeutics announced positive 72-week data from the open label extension - OLE - period of its Phase 2b ORIGIN clinical trial of atacicept in participants with IgA nephropathy, or IgAN. In aggregate, the 72-week data with atacicept are consistent with a profile of true disease modification in IgAN. Participants treated with atacicept for 72 weeks demonstrated a 62% reduction in Gd-IgA1, a reduction in the percentage of participants with hematuria to 19%, and a 48% reduction in UPCR in the per-protocol analysis. Participants had consistent and stable eGFR with 0 mL/min/1.73m2 change from baseline at 72 weeks. Participants who switched from placebo to atacicept demonstrated similar outcomes across each of the key indicators of IgAN. In addition, eGFR stabilization was observed in participants who switched from placebo to atacicept with a -3.2 mL/min/1.73m2 change from baseline at 72 weeks compared to -4.9 mL/min/1.73m2 at 36 weeks. Safety data in the OLE were consistent with the randomized period and indicated that atacicept was generally well-tolerated.
HUM

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06:42 EST Humana: Higher Medicare Advantage medical costs to persist in 2024 - Affirms 2024 individual Medicare Advantage annual membership growth of approximately 100,000 or 1.8%.
HUM

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06:41 EST Humana no longer believes 2025 adjusted EPS target achievable
AIT

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06:41 EST Applied Industrial Technologies increases dividend to 37c per share - Applied Industrial Technologies approved an increase in the quarterly cash dividend to 37c per common share, payable on February 29th to shareholders of record on February 15th.
GIB

Hot Stocks

06:37 EST CGI Inc., National Bank of Canada sign long-term service agreement - CGI Inc. announced that National Bank of Canada has renewed its partnership with CGI for 10 years. CGI will deliver a wide range of technology services and market-leading solutions to help the Bank further enhance its client experience and drive operational excellence. The agreement strengthens the 20-plus year partnership between the organizations, with CGI delivering banking insights, expertise and a portfolio of services including business consulting, innovative project development, systems integration, and wealth and payment solutions.
HUM

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06:37 EST Humana names David Dintenfass as President of Enterprise Growth - Humana announced that it has named David Dintenfass as President of Enterprise Growth. In this new role, Dintenfass will have responsibility for leading the company's growth plan with a primary focus on customer acquisition, retention, and experience. The creation of this position, and its emphasis on the customer and digital experience, will help Humana deliver on its long-term strategy and maximize long-term growth within the Medicare Advantage market. By 2030, one in five Americans is projected to be 65 years old or older, and Humana is the second largest MA provider in the U.S. with more than 5 million customers today.
LEV

Hot Stocks

06:36 EST Lion Electric initiates deliveries of LionD school buses in California - Lion Electric announced that it has commenced customer deliveries of its newly-launched LionD school buses in California. The LionD, which addresses the largest vehicle type within the school bus segment, offers seating capacity for 83 children and a range of up to 155 miles on a single charge.
PSN

Hot Stocks

06:26 EST Parsons wins $115M contract from U.S. Department of Labor - Parsons announced that the company was selected by the United States Department of Labor Job Corps Acquisition Services to assist with planning, management, and oversight of the Job Corps Facilities Program. Parsons is the sole awardee on the over $115M ceiling value contract, which includes a base performance period of one year and four one-year option periods. Parsons' scope includes project management and oversight support for the Job Corps' Facilities Program. This award continues a contract that the company has held since 2013.
RDHL

Hot Stocks

06:15 EST RedHill Biopharma announces new USPTO patent grant for Talicia - RedHill Biopharma announced that the U.S. Patent and Trademark Office, or USPTO, issued a new patent, U.S. Patent No. 11,878,011, covering Talicia as a method for eradicating Helicobacter pylori regardless of patient Body Mass Index, or BMI. This new patent is expected to provide protection for Talicia until May 2042.
DOW

Hot Stocks

06:08 EST Dow Inc. expects softness in industrial, durable goods demand to continue in Q1 - "In 2024, we will maintain our commitment to financial and operational discipline as we continue to navigate dynamic market conditions. While we expect softness in industrial and durable goods demand to continue in the first quarter, we are encouraged by early positive signals in areas including construction, automotive and consumer electronics," said Fitterling. "Our strong balance sheet and cash generation give us the flexibility to cover all of our capital allocation priorities as we progress through the economic cycle and advance our Decarbonize & Grow and Transform the Waste strategies. These projects are expected to deliver more than $3 billion in underlying earnings annually by 2030. Our cost-advantaged footprint, leadership in attractive end markets, and strategic growth investments position the Company well to create long-term value."
MUR

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06:05 EST Murphy Oil sees 2024 production 180-188 MBOEPD - The 2024 CAPEX plan is expected to be in the range of $920M-$1.02B. Full year 2024 production is expected to consist of approximately 96 MBOPD oil and 106 MBOEPD liquids volumes, equating to 52% oil and 58% liquids volumes, respectively.
LQDA

Hot Stocks

06:04 EST Liquidia provides update on NDA for YUTREPIA - Liquidia announced that the U.S FDA provided an update on its review of the New Drug Application for YUTREPIA inhalation powder to treat pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease. The FDA informed the company that it is confirming the process for adding the PH-ILD indication as an amendment to the NDA for YUTREPIA. Accordingly, the FDA is not able to issue an action letter in time to meet the previously issued Prescription Drug User Fee Act goal date of January 24, 2024, and their review remains ongoing. The FDA did not request any additional clinical data to support the NDA and did not issue a new PDUFA goal date. Dr. Roger Jeffs, CEO, said: "We are in active communication with the FDA regarding the process we followed to amend our NDA to add PH-ILD to the labeled indication. Whether the NDA is amended or supplemented, we will continue to prepare for the final FDA approval of YUTREPIA to treat both PAH and PH-ILD patients following the expiration of regulatory exclusivity for Tyvaso on March 31, 2024. As communicated by the tentative approval to treat PAH, YUTREPIA has already met the regulatory standards for quality, safety and efficacy. We remain committed to addressing the unmet needs across all patients whose lives may be improved by the unique benefits of YUTREPIA."
META

Hot Stocks

06:04 EST Meta announces stricter message settings for teens on Instagram, Facebook - Meta said in a blog post: "We're building on our work to provide age-appropriate experiences for teens, and to make it simpler for parents to shape their teens' online experiences. We're taking additional steps to help protect teens from unwanted contact by turning off their ability to receive messages from anyone they don't follow or aren't connected to, by default. Before a teen can change certain Instagram settings they will now need approval from their parents through Instagram's parental supervision tools." Reference Link
TSLA

Hot Stocks

05:53 EST Tesla falls 8% to $191.35 after Q4 report brings downgrade, target cuts
HTZ

Hot Stocks

05:53 EST Hertz drops 4% to $8.15 after JPMorgan, Deutsche Bank downgrades
VLD

Hot Stocks

05:41 EST Velo3D secures $12M in new order bookings since mid-December - The company said, "Velo3D, Inc. announced four key strategic priorities for growth in 2024 and beyond. The company also shared progress it has made across these priorities. Enhance the quality of newly manufactured Sapphire printers: Due to the success of its operational initiatives and product improvements, the company has significantly reduced the installation time of Sapphire printers over the last year. Additionally, the company has increased headcount of its Customer Service and Quality teams by approximately 40% to provide on-site support in all major metropolitan areas. Ensure the success of customers in the field: Through reliability improvements, system uptime for key customers has increased over the previous quarter and the company has reduced the time it takes to resolve customer issues by more than 45% over the past 6 months. Velo3D's research and development priorities have been refocused on customer success and machine throughput, with innovations that the company expects will greatly increase customer available print time. Increase revenue visibly through bookings growth: The Velo3D Sales team has secured approximately $12 million in new order bookings since mid-December, including more than 50% of bookings tied to key strategic accounts, which the company believes demonstrates increased customer satisfaction and confidence in its technology. Improve margins and cash flow: The company remains on track to reduce its operational expenses by 40% by the end of the first quarter of 2024, with a commitment to become cash flow positive in the second half of the year."
HLN

Hot Stocks

05:26 EST Haleon to divest ChapStick brand to Yellow Wood Partners, terms undisclosed - Yellow Wood Partners announced that its portfolio company Suave Brands has signed a binding offer to acquire the ChapStick brand from Haleon. The transaction is intended to close in the first half of 2024 upon completion of customary closing and regulatory approvals.
AIXI

Hot Stocks

05:24 EST Xiao-I, ABB enter partnership based on Hua Zang Universal Large Language Model - Xiao-I held the signing ceremony for a strategic cooperation framework agreement with ABB Group on November 23, 2023, in Shanghai. Du Yuqing, senior VP and Zhang Xudong, senior director, from Xiao-I, attended the signing ceremony. Xiao-I and ABB will leverage their platform resources and innovation capabilities to foster collaborative cooperation in fields such as smart parks, with the common goal of advancing long-term development through mutually beneficial partnerships. With a history of over 130 years and headquartered in Zurich, Switzerland, ABB established a manufacturing factory in Xiamen as early as 1992. ABB collaborates with globally oriented enterprises to create customized products. In the era of AI, the emergence of smart parks signifies a new trend in enterprise advancement. The combination of traditional industrial parks and modern information technology will create a more efficient and intelligent development environment for enterprises. Based on the Hua Zang Universal Large Language Model's core features of "controllable", "customizable" and "deliverable", this strategic collaboration between Xiao-I and ABB will promote cooperation in multiple fields, fostering the digitalization and intelligent development of industries.
CEO

Hot Stocks

05:20 EST Cnooc targets net production of 700M-720M BOE in FY24 - Cnooc announced its business strategy and development plan for the year 2024. As global oil and gas demands steadily grow, the company continues to increase reserves and production, and maintains growth of production volume. In 2024, net production target is 700M to 720M barrels of oil equivalent, or BOE, of which, production from China and overseas accounts for approximately 69% and 31%, respectively. Net production target is 780M to 800M BOE in 2025, and 810M to 830M BOE in 2026. In 2023, net production is estimated to be approximately 675M BOE, setting record highs for five consecutive years. The company's total capital expenditure for 2024 is budgeted at RMB 125B to RMB 135B, of which, capital expenditures for exploration, development and production will account for approximately 16%, 63% and 19% of the total, respectively. In 2023, the company advanced engineering standardization, accelerated capacity construction, expedited project approvals, and expected to record capital expenditures at approximately RMB 128B. The company strives to search for large and medium-sized oil and gas fields, and continues to strengthen the resource base for increasing reserves and production. In 2024, the exploration workload will remain at a high level. The company will increase its efforts in natural gas exploration, and push forward the construction of three trillion-cubic-meters-level gas regions, in the South China Sea, the Bohai Sea and onshore China respectively. In 2023, the Company made new exploration discoveries with proved in-place volume of over 100-million-tons BOE in the Bohai Sea and deepwater South China Sea, realizing new discovery of 100-million-tons in-place volume for five consecutive year. In 2024, multiple projects will be brought on stream. Major projects in China include Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project, Bozhong 19-2 Oilfield Development Project, Shenhai-1 Phase II Natural Gas Development Project, Huizhou 26-6 Oilfield Development Project and Shenfu Deep-play Coalbed Methane Exploration and Development Demonstration Project. Overseas, projects such as Mero3 Project in Brazil will support production growth.
TIGR

Hot Stocks

05:11 EST UP Fintech announces upgrade of Type 1 license to include virtual asset dealing - UP Fintech announced that its Hong Kong subsidiary has officially upgraded its Type 1 license to include virtual asset dealing service, making it one of the first mainstream online brokerage firms in Hong Kong to receive approval for such a license upgrade. This successful upgrade opens the door for providing cryptocurrency trading services to Professional Investor clients in Hong Kong through its flagship platform, Tiger Trade. By integrating Tiger Brokers' technology-driven brokerage expertise, the company aims to offer Professional Investors in Hong Kong an unparalleled convenience of seamless trading of both traditional securities and cryptocurrencies on a unified platform. In the future, the company also plans to open virtual asset trading to retail investors, subject to authorities' approval. After this upgrade, eligible clients, including Hong Kong residents with over HKD 8M in investable assets or corporate with assets exceeding HKD 40M, can incorporate cryptocurrency trading into their portfolios alongside other asset classes available on our flagship platform Tiger Trade. In the future, residents of Hong Kong can conveniently trade virtual assets such as Bitcoin and Ethereum alongside stocks, options, futures, funds, and ETFs-all in one place. With centralized investment management, this enables local clients to measure their risk exposure across different asset classes.
J

Hot Stocks

05:07 EST Jacobs awarded $132M Royal Navy contract - Jacobs was selected to supply research and technology services to the United Kingdom's naval nuclear propulsion program. The $132M contract, which runs until 2032, covers essential through-life technical support for the reactors which power the Royal Navy's submarines, including the Rolls-Royce PWR2 reactors, and reactor development for future boats. The U.K. is currently building four new Dreadnought Class ballistic missile submarines and is developing a new type of submarine as part of the AUKUS security agreement with the U.S. and Australia.