Stockwinners Market Radar for January 26, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:50 EST Intelligent Bio Solutions Inc trading halted, news pending

18:38 EST FICO CEO: We definitely don't have a slowdown in our business - In an interview on CNBC's Mad Money, William Lansing said that Fair Isaac's investments in software are really paying off. He is not seeing a slowdown in business, and expects falling interest rates to benefit the company.

16:52 EST Tesla CEO says 'yes' when asked if car maker plans to buy AMD chips - In a post on X, formerly Twitter, Tesla (TSLA) CEO Elon Musk responded "yes" to another user asking if the car maker has any plans to buy chips from AMD (AMD). Reference Link

16:29 EST Progress Software discloses subpoena from Office of DC Attorney General - According to a regulatory filing, on December 21, 2023, Progress Software received a preservation notice from the Federal Trade Commission, but has not otherwise received a request for information nor is Progress aware of any formal FTC investigation. On January 18, 2024, the companyreceived a subpoena from the Office of the Attorney General for the District of Columbia seeking various documents and information relating to the MOVEit Vulnerability. At this stage, the investigation is a fact-finding inquiry, and the investigation does not mean that Progress or anyone else has violated applicable laws. Progress intends to cooperate fully with the Office of the Attorney General for the District of Columbia in its investigation. "Such claims and investigations may have an adverse effect on how we operate our business and our results of operations, and in the future, we may be subject to additional governmental or regulatory investigations, as well as additional litigation or indemnification claims," Progress said. "Following the discovery of the MOVEit Vulnerability and the various remedial actions described here, we have discovered and patched additional vulnerabilities within the MOVEit Transfer and MOVEit Cloud platforms. While we are currently not aware of any evidence that these additional vulnerabilities were exploited by malicious threat actors, we cannot guarantee that we have or will uncover and/or address all vulnerabilities within the MOVEit platform or any of our other products prior to exploitation by threat actors. Our financial liability arising from any of the foregoing will depend on many factors, including the extent to which governmental entities investigate the matter and limitations contained within our customer contracts; therefore, we are unable at this time to estimate the quantitative impact of any such liability with any reasonable degree of certainty. As our fact-gathering investigation and litigation response continues, we will continue to assess the potential impact of the MOVEit Vulnerability on our business, operations, and financial results. Also, each of the governmental inquiries and investigations mentioned above could result in adverse judgements, settlements, fines, penalties, or other resolutions, the amount, scope and timing of which could be material, but which we are currently unable to predict."

16:18 EST NuZee receives Nasdaq notification - NuZee announced that it has received a notice from the Listing Qualifications staff of The Nasdaq Stock Market notifying the company that the company's stockholders' equity as reported in its Annual Report on Form 10-K for the period ended September 30, 2023, did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company's stockholders' equity be at least $2,500,000. In its Form 10-K, the company reported stockholders' equity of $1,674,357, and, as a result, does not currently satisfy Nasdaq Marketplace Rule 5550(b)(1).

16:17 EST Black Hills increases quarterly dividend to 65c per share - Black Hills announced that its board of directors approved a quarterly dividend of 65c per share, an increase of 2.5c per share over last quarter's dividend. Common shareholders of record at the close of business on Feb. 16 will receive $0.65 per share, payable March 1.

16:16 EST Trinseo announces price increase for PMMA cast sheets in Europe - Trinseo announced a price increase for acrylic sheet sold under the brand names ALTUGLAS and OROGLAS depending on grade specifications. Prices will be increased by +10% respectively for deliveries after February 1, and in accordance with existing agreements.

16:01 EST U.S. Steel reaches agreement for Clairton Plant incidents - United States Steel Corporation signed a Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment to address the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022. We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities. Under the Consent Decree, U. S. Steel agrees to: Contribute $4.5 million to projects supporting public health and welfare and/or air quality improvement in the Mon Valley. Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development; Invest approximately $19.5 million in upgrades to coke oven gas cleaning facilities; Cover part of the litigation costs for PennEnvironment and Clean Air Council; Pay $500,000 to the Allegheny County Clean Air Fund; Permanently idle Battery #15 at Mon Valley Works - Clairton Plant, which has been on hot idle. The permanent idle will take place without job reductions. This permanent idling may lead to additional emissions reductions. U. S. Steel also agreed to a lower hydrogen sulfide limit in coke oven gas and other environmentally beneficial changes to facilities at the Clairton Plant. "At U. S. Steel, there are more than 3,000 hardworking men and women in the Mon Valley who strive every day to make essential steel in a way that complies with all environmental regulations. When we miss that mark, we will make changes so we can do better," said Kurt Barshick, Mon Valley Works Vice President. "We're glad that a significant amount of funds from this agreement will make their way back into the communities where we live and work."

14:53 EST Dyne Therapeutics trading resumes

14:28 EST Dyne Therapeutics trading halted, volatility trading pause

14:17 EST Cincinnati Financial names Stephen Spray CEO - Cincinnati Financial Corporation announced that as of the May 4, 2024, Annual Meeting of Shareholders, President Stephen M. Spray will assume the title of chief executive officer of the company and all U.S. subsidiaries, completing the executive leadership transition that began when Spray was named president of the company in 2022. Steven J. Johnston will remain as executive chairman of the company and its U.S. subsidiaries. He'll continue to lead the board and support Spray by maintaining effective relationships with insurance agencies, investors, shareholders and other industry and business organizations. Johnston will also work with Spray and the board to establish long-range strategies. "Steve is the ideal candidate to lead the company forward," commented Steve Johnston, chairman and chief executive officer. "He's a thoughtful, strategic and proven leader with a deep understanding of how to maintain our industry-leading profitability and growth and of the value of the relationships we enjoy with our agents. Steve has an energy and enthusiasm for our business that is contagious. I'm confident in his abilities to bring innovative ideas together with the hallmarks of Cincinnati Insurance to produce value for shareholders far into the future." The company also announced that the board of directors at today's meeting added two new director seats, appointing Peter Wu as an independent director and Steve Spray as a nonindependent director. Additionally, Mr. Wu was appointed to the audit committee and Mr. Spray to the executive committee of the board, effective immediately. With these appointments, 10 of the company's 14 directors meet the Nasdaq listing requirements for independence.

13:42 EST Virgin Galactic reports completion of eleventh successful spaceflight - Virgin Galactic announced the completion of its first spaceflight of 2024 and 11th mission to date. The "Galactic 06" flight marked the first time all four seats aboard VSS Unity were occupied by private astronauts, the company added. Michael Colglazier, CEO of Virgin Galactic, said: "Today the incredible team at Virgin Galactic supported another successful mission and delivered an unforgettable experience for four new astronauts. The success of 'Galactic 06' and the Company's other commercial spaceflights in recent months only increases our confidence in the repeatability of our product and our ability to deliver a superlative experience to our customers. With the production of our next-generation Delta-class ships underway, we look forward to expanding our flight capacity with testing expected to start next year and commercial service in 2026."

13:02 EST Baker Hughes reports U.S. rig count up 1 to 621 rigs - Baker Hughes reports that the U.S. rig count is up 1 from last week to 621 with oil rigs up 2 to 499, gas rigs down 1 to 119 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is down 150 rigs from last year's count of 771 with oil rigs down 110, gas rigs down 41 and miscellaneous up 1 to 2. The U.S. Offshore Rig Count is down 1 to 19, up 6 year-over-year. The Canada Rig Count is up 7 from last week to 230, with oil rigs up 4 to 144, and gas rigs up 3 to 86. The Canada Rig Count is down 17 from last year's count of 247, with oil rigs down 13, and gas rigs down 4.

12:44 EST Caterpillar CFO Bonfield sells 10,000 common shares - In a regulatory filing, Caterpillar CFO Andrew Bonfield disclosed the sale of 10,000 common shares of the company on January 25 at a price of $300.04 per share.

12:00 EST Bread Financial rises 8.8% - Bread Financial is up 8.8%, or $2.88 to $35.52.

12:00 EST Booz Allen rises 13.3% - Booz Allen is up 13.3%, or $17.11 to $145.99.

12:00 EST Direxion Daily Semiconductor Bull 3X Shares falls -6.7% - Direxion Daily Semiconductor Bull 3X Shares is down -6.7%, or -$2.50 to $34.62.

11:39 EST Texas AG says Barclays no longer permitted to underwrite state's municipal bonds - The Office of the Attorney General of Texas announced that Barclays would no longer be permitted to underwrite Texas's municipal bonds after failing to respond to requests for information concerning its "net zero" carbon emissions commitments. In an All Bond Counsel letter sent by the Office of the Attorney General on November 1, Barclays was identified as having a standing letter with the OAG while also being a Net Zero Alliance member or affiliate. This raised concerns that Barclays' activities may require it be classified as a "fossil fuel boycotter" under Texas law. When asked for more information concerning its ESG commitments, Barclays elected not to respond to the questions and acknowledged that by doing so it would likely forfeit its ability to contract with Texas governmental entities. Therefore, in accordance with Texas law, the OAG's Public Finance Division issued an All Bond Counsel Letter explaining that, "until further notice, we will not approve any public security issued on or after today's date in which Barclays purchases or underwrites the public security or is otherwise a party to a covered contract relating to the public security." Additionally, the letter notes, "As of today, we have not heard from any of the remaining banks under review that they will not be able to respond to our inquires." Reference Link

10:49 EST Carnival says Red Sea instability could impact operations - Carnival said in its annual filing: "We believe that the instability in the Red Sea region currently impacting shipping could have an impact on our results of operations."

10:36 EST J-Long Group Ltd trading halted, volatility trading pause

10:28 EST flyExclusive announces $25M strategic investment from ETG FE - flyExclusive announced the execution of a two-year revolving credit facility for up to $25.8 million with ETG FE LLC, an investment vehicle managed by EnTrust Global. As part of its strategic initiatives to accelerate operational excellence, grow the business, and execute its strategic plan to become the nation's first fully vertically integrated private aviation company, flyExclusive said it will use the proceeds to support the continued evolution of the company's fractional aircraft program. We believe this facility is a strong vote of confidence in flyExclusive's strategy and continued initiatives to increase growth and profitability," said Jim Segrave, Founder and CEO of flyExclusive.

10:19 EST Spirit Airlines says JetBlue has no basis for terminating merger - This morning, JetBlue Airways (JBLU) filed an 8K stating that JetBlue yesterday informed Spirit Airlines (SAVE) that "certain conditions to closing required by the Agreement and Plan of Merger, dated as of July 28, 2022, among JetBlue, Spirit and Sundown Acquisition Corp., a Delaware corporation, and a direct wholly owned subsidiary of JetBlue may not be satisfied prior to the outside dates set forth in the Merger Agreement. JetBlue continues to evaluate its options under the Merger Agreement. Unless and until such time as the Merger Agreement is terminated pursuant to its terms, JetBlue will continue to abide by all of its obligations under the Merger Agreement," Spirit noted in its own regulatory filing. "Spirit believes there is no basis for terminating the Merger Agreement. Spirit will continue to abide by all of its obligations under the Merger Agreement, and it expects JetBlue to do the same," the company added.

10:04 EST Merck announces results from Phase 3 AMBASSADOR/KEYNOTE-123 trial - Merck announced results from the Phase 3 AMBASSADOR/KEYNOTE-123 trial evaluating KEYTRUDA, Merck's anti-PD-1 therapy, for the adjuvant treatment of high-risk patients with localized muscle-invasive urothelial carcinoma and locally advanced resectable urothelial carcinoma. These late-breaking data are being presented for the first time today during an oral abstract session at the 2024 American Society of Clinical Oncology Genitourinary Cancers Symposium. At the trial's first pre-specified interim analysis, after a median follow-up of 22.3 months, KEYTRUDA demonstrated a statistically significant and clinically meaningful improvement in one of the study's dual primary endpoints of disease-free survival, reducing the risk of disease recurrence or death by 31% versus observation in these patients after surgery. Median DFS was 29.0 monthsfor KEYTRUDA and 14.0 months for observation, an improvement of 15 months. These DFS results were consistent regardless of patients' PD-L1 expression status. The trial's other dual primary endpoint of overall survival did not reach statistical significance at the time of this interim analysis and will continue to be followed as data mature. After a median follow-up of 36.9 months, median OS was 50.9 months for KEYTRUDA versus 55.8 months for observation. Merck has an extensive clinical development program evaluating KEYTRUDA as monotherapy and in combination with other anti-cancer therapies across all stages of bladder cancer, including non-muscle-invasive, muscle-invasive and metastatic.

10:00 EST Badger Meter falls -6.8% - Badger Meter is down -6.8%, or -$10.32 to $142.00.

10:00 EST Spirit Airlines falls -13.6% - Spirit Airlines is down -13.6%, or -98c to $6.24.

10:00 EST Allurion Technologies rises 7.8% - Allurion Technologies is up 7.8%, or 24c to $3.30.

09:52 EST Nubia Brand International Corp trading resumes

09:50 EST Dave Inc. trading resumes

09:47 EST Direxion Daily Semiconductor Bull 3X Shares falls -6.3% - Direxion Daily Semiconductor Bull 3X Shares is down -6.3%, or -$2.35 to $34.77.

09:47 EST Olin rises 7.0% - Olin is up 7.0%, or $3.62 to $55.37.

09:47 EST Allurion Technologies rises 11.8% - Allurion Technologies is up 11.8%, or 36c to $3.42.

09:41 EST Meiwu Technology Co Ltd trading resumes

09:39 EST Corbus Pharmaceuticals trading resumes

09:35 EST Richtech Robotics Inc trading halted, volatility trading pause

09:32 EST Dave Inc. trading halted, volatility trading pause

09:02 EST Alteryx appoints Kevin Rubin as Interim CEO - Alteryx announced that its Board of Directors has appointed Kevin Rubin, the Company's CFO, to serve as Interim CEO. Rubin succeeds Mark Anderson, who has stepped down as CEO and from the Board of Directors to pursue other professional opportunities. With the support of the Company's finance organization, Rubin will continue to serve as CFO while serving as Interim CEO. Kevin Rubin is the CFO of Alteryx, responsible for all aspects of its global financial operations, including finance, accounting, tax, treasury, investor relations, corporate development and Alteryx Ventures, and global real estate and workplace services. He brings over 20 years of experience in the industry, leading both public and private technology companies through rapid growth and expansion. Prior to joining Alteryx in 2016, Rubin served as CFO of MSC Software, a private-equity backed software company.

08:51 EST JetBlue says Spirit merger agreement may be terminable on and after January 28 - In a regulatory filing, JetBlue Airways (JBLU) disclosed that yesterday the company informed Spirit Airlines (SAVE) that certain conditions to closing required by the agreement and plan of merger, dated as of July 28, 2022, among JetBlue, Spirit and Sundown Acquisition Corp., a Delaware corporation, and a direct wholly owned subsidiary of JetBlue, may not be satisfied prior to the outside dates set forth in the merger agreement and also informed Spirit that accordingly the merger agreement may be terminable on and after January 28, 2024. "JetBlue continues to evaluate its options under the Merger Agreement. Unless and until such time as the Merger Agreement is terminated pursuant to its terms, JetBlue will continue to abide by all of its obligations under the Merger Agreement," the company added. Reference Link

08:49 EST Cumulus Media's Westwood One to broadcast NFL Conference Championship - Cumulus Media's Westwood One will present live play-by-play coverage of NFL Conference Championship Sunday, presented by Intuit Turbo Tax. Doubleheader coverage will begin with the pregame show at 2:00 p.m. ET on Sunday, January 28 before the Kansas City Chiefs and the Baltimore Ravens meet for the AFC Championship game and the Detroit Lions battle the San Francisco 49ers in the NFC Championship game.

08:34 EST Navitas Semiconductor announces 'Planet Navitas' at APEC 2024 - Navitas Semiconductor invites visitors to experience "Planet Navitas" and collaborate to "Electrify Our World" at APEC 2024. Following the mission to "Electrify our World", the "Planet Navitas" exhibition booth invites visitors to discover how next-gen GaN and SiC technology enable the latest solutions for fully-electrified housing, transportation and industry. Examples range from TV power to home-appliance motors and compressors, EV charging, solar/micro-grid installations, and on to data center power systems. Each example highlights end-user benefits, such as increased portability, longer range, faster charging, and grid-independence, plus a focus on how low-carbon-footprint GaN and SiC technology can save over 6 Gtons/yr CO2 by 2050.

08:27 EST Sportsman's Warehouse appoints Steven Becker to board of directors - Sportsman's Warehouse Holdings announced that Steven Becker has been appointed as an independent member of its Board of Directors, effective immediately. He will serve as a member of the Board's Nominating and Governance Committee. Becker most recently served in various roles with Tuesday Morning Corp., including as CEO and a member of the board of directors from December 2015 until May 2021.

08:15 EST Meta Materials 'focused on driving revenue growth' in 2024 - The company said, "The Company is focused on driving revenue growth in 2024 across four main business lines. In authentication, META has launched two new products, QUANTUM stripe for currency and NANO protect for brand protection, along with continued work for our confidential G10 central bank customer. Following presentations at the Dubai Air Show in November 2023, META is working on multiple pre-orders for the VLEPSIS multi-gigapixel wide area motion imagery system. The Company's NANOWEB transparent conductive films are manufactured in collaboration with Panasonic Industry. Automotive heating films to protect camera, radar and lidar sensors are being tested by leading automotive OEMs and suppliers. NANOWEB EMI shielding films for microwave and combination microwave-convection ovens are also in advanced stages of testing. META is also pursuing joint development and licensing opportunities with global battery OEMs for our NPORE nanoceramic battery separators and NCORE polymer metal composite current collectors."

08:10 EST Inspire Medical announces Griffin to retire from board of directors - Inspire Medical Systems announced the retirement of Jerry Griffin, M.D., from its Board of Directors, to be effective at the conclusion of the Company's Annual Meeting of Stockholders scheduled to occur on May 2, 2024. Dr. Griffin has served on the Inspire Board of Directors since 2008 and was one of the original board members, having joined Inspire prior to the initial Series A financing.

08:09 EST Norfolk Southern CEO says entering 2024 with 'positive momentum' - Norfolk Southern President and CEO Alan Shaw said, "The fourth quarter marked the end of a challenging, yet transformational year for Norfolk Southern. I'm proud that the team responded with unwavering dedication while continuing to advance our strategy that strikes the necessary balance between service, productivity and growth. We invested in our people, enhanced our service performance and made a safe railroad even safer. Norfolk Southern enters 2024 with positive momentum and a focus on driving further productivity gains and operational discipline through aggressive cost management. We see growth on the horizon, and we are confident in our ability to deliver industry-competitive margins over time."

08:07 EST Nexstar increases quarterly dividend 25% to $1.69 per share - Nexstar announced that its board of directors approved a 25% increase to its quarterly cash dividend to $1.69 per share beginning with the dividend declared for the first quarter of 2024. The dividend is payable on Friday, February 23 to shareholders of record on Friday, February 9.

08:06 EST Moog increases quarterly dividend 4% to 28c per share - The board of directors of Moog declared a quarterly dividend of 28c per share on the company's issued and outstanding shares of Class A and Class B common stock, a 4% increase over the previous quarter's dividend. The dividend will be paid on February 27 to all shareholders of record as of the close of business on February 9. The dividend represents a use of cash of approximately $9M. Future declarations of quarterly dividends are subject to the determination and discretion of Moog's board of directors.

07:36 EST Planet 13 Holdings to restate previously issued financial statements - Planet 13 Holdings announced that, as a result of the preliminary information obtained in connection with an ongoing internal investigation, the Audit Committee of the Board of Directors of the Company, based on the recommendation of the Company's management, and after consultation with the Company's independent registered public accounting firm, concluded that the Company's previously issued audited consolidated financial statements as of and for the years ended December 31, 2022 and 2021 included in the Company's Annual Report on Form 10-K for the year ended December 31, 2022 and the Company's previously issued unaudited consolidated financial statements included in the Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023, June 30, 2023 and September 30, 2023 should no longer be relied upon due to material errors due to the believed misappropriation of approximately $22.0 million of the Company's funds held by El Capitan Advisors, as disclosed in the news release issued by the Company dated January 23, 2024. El Capitan is an investment advisor registered with the Securities and Exchange Commission that was engaged by the Company on June 20, 2021 for cash management services. Similarly, any previously furnished or filed reports, related earnings releases, related management's discussion and analysis of financial condition and results of operations, investor presentations or similar communications of the Company describing relevant portions of the Affected Financials should no longer be relied upon. The Company intends to file amendments to the Reports, including restated financial statements and related disclosures as promptly as practicable.

07:33 EST Bullfrog AI adds Gwenn Smith, Jeremiah Wala to Scientific Advisory Board - BullFrog AI Holdings announced the appointment of two scientific advisors to its advisory board: Gwenn S. Smith, PhD, and Jeremiah Wala, MD, PhD. Dr. Smith, the Richman Professor of Psychiatry and Behavioral Sciences and Radiology at Johns Hopkins University School of Medicine, brings a wealth of expertise in brain imaging and neuropsychiatry. Dr. Wala, a physician-scientist, computational biologist, and senior medical oncology fellow at Dana-Farber Cancer Institute, adds a unique blend of clinical insight and computational expertise to BullFrog AI's scientific advisory board.

07:31 EST AppTech Payments enters partnership with First Inning Ventures - AppTech Payments announces a strategic partnership with First Inning Ventures, an international sports marketing and consulting agency. Luke D'Angelo, AppTech CEO, commented, "The collaboration with First Inning aligns seamlessly with our vision to drive new revenue within addressable markets ripe for transformative growth. We look forward to working closely with FIV to leverage their extensive relationship infrastructure to help scale the user base of our Specialty Payments platform while building long-term shareholder value."

07:07 EST Apellis announces negative CHMP opinion for pegcetacoplan for GA - Apellis Pharmaceuticals announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a negative opinion on the marketing authorization application of intravitreal pegcetacoplan for the treatment of geographic atrophy secondary to age-related macular degeneration. As previously announced, this opinion was expected based on a negative trend vote following an oral explanation meeting in December 2023. Apellis plans to seek immediate re-examination of its application. "We are very disappointed in this outcome on behalf of the millions of Europeans with GA who currently have no treatment options for this irreversible form of blindness," said Jeffrey Eisele, Ph.D., chief development officer, Apellis. "We plan to promptly initiate the re-examination of our application and address CHMP questions, with the goal of bringing this first-ever potential treatment to the GA community in Europe." The MAA is based on results from the Phase 3 OAKS and DERBY studies at 24 months, which were published in The Lancet. Treatment with both every-other-month and monthly pegcetacoplan reduced GA lesion growth with increasing treatment effects over time and showed a well-demonstrated safety profile. Additionally, pegcetacoplan preserved visual function longer in multiple post hoc Phase 3 analyses that have been presented at medical congresses.

07:04 EST Nutriband CEO says 2024 goals are 'ambitious yet achievable' - Nutriband announced that CEO Gareth Sheridan has published a letter to shareholders providing insights on achievements and targets through 2023 and the potential outlook for 2024. The letter read in part, "As we wrapped up a successful 2023 and our annual shareholder meeting this week, the entire team at Nutriband would like to extend our warmest appreciation to all of you for your continued support throughout the year and into 2024. Many of you have been with us from the beginning and many more joined our common goal along the way. This goal is to change the world for the better by creating technology designed to improve the safety standard of easily abused transdermal drugs while simultaneously focusing on making these safer treatments available to patients who require them. Your support has been paramount as we strive to reduce potential dilution to shareholders, a primary goal of the management team. We have dedicated ourselves to developing a portfolio of transdermal pharmaceutical products and made significant strides these past 12 months showcasing AVERSA in London and garnering recognition for our innovative technology by peers in the pharmaceutical field, receiving multiple award nominations at the 2023 Pharma industry awards...Financially, the team is excited by strong revenue growth reported in 2023 from our Pocono Pharma subsidiary which we are working to improve upon further in 2024. Pocono and our subsidiaries are an important part of our company structure to reduce our burn rate through the clinical development process. We have recently strengthened our balance sheet converting $2 million of debt into equity with a large strategic shareholder as outlined in recent filings.Our marketing initiatives, particularly the collaboration with KT Tape, are expected to significantly expand our potential revenue growth for 2024. In 2023, we also launched our own Active Intelligence. Brand portfolio simultaneously announcing Ex NFL Quarterback Donovan McNabb as brand ambassador. This new line includes our new Heating and Cooling Kinesiology Tape. All AI Tape products are manufactured in the USA at Nutriband's facility in Cherryville, North Carolina, and are available for purchase on Amazon and Activeintell.com. These new initiatives have expanded our revenue opportunities, reducing our potential capital needs as we continue the development of AVERSA and its regulatory pathway. Our 2024 goals are ambitious yet achievable, focused on FDA pre-IND and IND meetings in the near term, the HAL Study for Aversa Fentanyl, new potential partnerships, and targeting an NDA submission before our Year End...Your continued support and belief in our vision have been pivotal to our reaching these milestones and others as we forge ahead. We remain committed to delivering innovative solutions and generating value for our shareholders. Thank you for your trust, confidence and investment in Nutriband."

06:59 EST Colgate-Palmolive 'well positioned' to deliver compounded EPS growth in FY24 - Noel Wallace, Chairman, President and CEO, commented on the Base Business fourth quarter and full year results, "We are pleased to have finished the year with another quarter of strong top and bottom line results including 7.0% net and organic sales growth, improved organic volume performance, gross and operating profit margin expansion and double-digit earnings per share growth. For the full year, we grew both net and organic sales 8.5%, with organic sales growth in every division and in all four of our categories. This was our fifth consecutive year with organic sales growth at or above our 3% to 5% targeted range. The strong sales growth combined with our commitment to productivity and efficiency drove strong bottom line performance as well, with gross profit, gross profit margin, operating profit, operating profit margin, net income, earnings per share and free cash flow all increasing versus 2022 for both the quarter and the year. We continued to invest in the capabilities required to deliver robust growth going forward, building strength in areas like innovation, digital, data and analytics, revenue growth management and advertising. We leveraged our strong margin performance to invest behind building our brands, with a 19% increase in advertising spending in 2023, and we expect higher levels of brand investment in 2024. The quality of our results this year and our strong growth momentum, including improved organic volume performance, add to our confidence that we are well positioned to deliver consistent, compounded earnings per share growth in 2024 and beyond."

06:50 EST Shell invests to repurpose German Energy, Chemicals Park Rheinland - Shell Deutschland GmbH has taken a final investment decision, FID, to convert the hydrocracker of the Wesseling site at the Energy and Chemicals Park Rheinland into a production unit for Group III base oils, used in making high-quality lubricants such as engine and transmission oils. Crude oil processing will end at the Wesseling site by 2025 but will continue at the Godorf site. The high degree of electrification of the base oil plant, as well as the ceasing of crude oil processing into fuels at the Wesseling site, is expected to reduce Shell's scope 1 and 2 carbon emissions by around 620,000 tonnes a year. Shell's target is to become a net-zero emissions energy business by 2050. The new base oil plant is expected to start operations in the second half of this decade. Notes to editors:This investment, financed by Shell's Chemicals and Products business, meets the minimum acceptable internal rate of return set out at Capital Markets Day in 2023. Shell has already driven forward the transformation of the Energy and Chemicals Park Rheinland with investments in a 10-megawatt electrolyser to produce renewable hydrogen and a biomethane liquefaction plant. Despite ceasing crude oil processing at the Wesseling site, fuel supplies for the German market are expected to remain stable and secure.

06:38 EST Metals Acquisition provides update on listing on ASX progress - Metals Acquisition has been progressing a secondary listing on the Australian Securities Exchange, or ASX, and provided an update in relation to its proposed ASX listing. MAC has lodged a prospectus with the Australian Securities and Investments Commission on January 26 to undertake an initial public offering, or IPO, in Australia of CHESS depository interests, or CDIs, and to seek a dual listing on the ASX. In connection with the Listing, the Company is seeking to raise A$300M, or $197M, before costs through the issue of between 17,647,059 - 18,750,000 CDIs, equivalent to between 17,647,059 - 18,750,000 ordinary shares in the capital of the Company, representing a ratio of one CDI for one Share. The offer comprises: the Institutional Offer which consists of an offer to certain institutional investors in Australia, New Zealand and certain other non-US jurisdictions around the world; the Broker Firm Offer which is open to Australian resident retail clients of participating brokers, who have a registered address in Australia and who receive an invitation from a broker to acquire CDIs under the Prospectus; and the Priority Offer which is open to select investors nominated by the Company in eligible jurisdictions, who receive a Priority Offer invitation. The final price for the issue CDIs under the Offer will be determined through a bookbuild process, with the indicative price range of the Offer having been set at A$16.00-A$17.00 or $10.52-$11.18 per CDI. The Broker Firm and Priority Offers are currently scheduled to formally open on 5 February 2024 and are expected to close on 9 February 2024. The proceeds of the Offer will be used to provide funds to repay Glencore's deferred consideration facility; increase working capital to facilitate operational flexibility and potential production growth; provide additional funding for exploration programs and mine development at the CSA Copper Mine; and fund the costs of the Offer and other administrative costs expected to be incurred by the Company. Barrenjoey Markets and Canaccord Genuity are acting as joint lead managers to the IPO. Gilbert + Tobin, Skadden, Arps, Slate, Meagher & Flom and Ogier are acting as Australian, US and Jersey legal advisors to the Company in relation to the IPO.

06:31 EST Allete raises dividend 4.1% to 70.5c - ALLETE announced that its Board of Directors has increased the quarterly dividend on the company's common stock to 70.5c per share, a 4.1% percent increase. On an annual basis the increased dividend is equivalent to $2.82 per share. The regular quarterly dividend is payable March 1 to common shareholders of record at the close of business February 15.

06:03 EST JPMorgan names Jennifer Piepszak, Troy Rohrbaugh as co-CEOs of C&I Bank - JPMorgan on Thursday announced that Jennifer Piepszak, Co-CEO of Consumer and Community Banking, and Troy Rohrbaugh, Co-head of Markets and Securities Services, will become Co-CEOs of the expanded Commercial & Investment Bank. Doug Petno, CEO of the Commercial Bank, will lead an expanded Commercial Banking business, which will also encompass the Global Corporate Banking group. Viswas Raghavan, Co-head of Global Investment Banking, will become sole head of the Global Investment Banking franchise, while his partner, Jim Casey, has informed the company of his desire to take on a new role in the firm, which will be announced shortly. Marc Badrichani, Co-head of Markets and Securities Services, has informed the company of his desire to pursue outside opportunities. Jason Sippel and Pranav Thakur will become Co-heads of the company's Markets Trading business. Tim Fitzgerald will continue to lead Securities Services and Takis Georgakopoulos, Head of Global Payments, will continue to lead that business. Marianne Lake, Co-CEO of CCB, will become sole CEO of that business. Mary Erdoes remains CEO of Asset & Wealth Management. "JPMorgan Chase is stronger today than it has ever been, and this is thanks to our hundreds of thousands of employees and our superb senior management team. I am also particularly blessed to have an exceptional partner in Daniel Pinto, our President and COO," said Jamie Dimon, Chairman and CEO.

05:32 EST YanGuFang receives noncompliance notice from Nasdaq - YanGuFang announced that it received a deficiency notice from the Nasdaq. The deficiency cited by Nasdaq was due to the resignation of Jiangping Xiao, an independent director of the company, from the board of directors and the audit committee of the board. As a result of the resignation of Xiao, the company is no longer in compliance with Nasdaq's independent director and audit committee requirements as set forth in Listing Rule 5605. The notice states that, consistent with Listing Rule 5605(b)(1)(A) and 5605(c)(4), Nasdaq will provide the company a cure period until the earlier of the company's next annual shareholders' meeting or January 16, 2025 to regain compliance; provided that if the next annual shareholders' meeting is held before July 15, then the company must evidence compliance no later than July 15, 2024. If compliance is not achieved by the expiration of the cure period, the company's securities will be subject to delisting. At that time, the company may appeal the delisting determination to a Hearings Panel. The company plans to search for candidates and fill in the vacancy on the board and the audit committee within the cure period provided by Nasdaq. The notice has no immediate impact on the listing of the company's ordinary shares on Nasdaq.

05:22 EST Cango, Caocao Mobility enter smart mobility partnership - Caocao Mobility and Cango announced a strategic partnership in smart mobility to explore areas including new car sales, used car transactions, financing services, and mobility offerings, marking the occasion with a signing ceremony. The parties said they are committed to fostering a next-generation smart mobility ecosystem by fully leveraging their respective advantages and resources and embracing their synergies.

05:10 EST WeTrade comments on lawsuit filed by individuals claiming to be shareholders - WeTrade issued a statement regarding the litigation initiated by individuals claiming to be shareholders associated with Zheng Dai and Pijun Liu in the Chancery Court of the State of Wyoming. The company said, "On January 5, 2024, the Chancery Court further entered into a preliminary injunction order. Specifically, the plaintiff-shareholders and their affiliates (included but not limited to Zheng Dai, Pijun Liu, Lina Jiang and their affiliates) are prohibited from engaging in the following activities: (i) representing themselves as majority shareholders, directors, executives or employees of the Company and its affiliates; (ii) attempting to contact regulatory bodies such as SEC or NASDAQ or making any filings or press releases on behalf of the Company; (iii) attempting to alter board composition and executive team; (iv) spreading false statements about the Company and its leadership; (v) trying to communicate with service providers of the Company including auditors, stock transfer agents, and filing agents; and (vi) issuing shares of the Company. The Company will take further legal action to safeguard the best interests of its shareholders, clients, and stakeholders. It will persistently concentrate on its core operations and strategic objectives, ensuring uninterrupted expansion and delivering substantial value to its investors."