Stockwinners Market Radar for February 08, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:26 EST Cathie Wood's ARK Investment bought 344K shares of Archer Aviation today

20:18 EST Dole Fresh Vegetables recalling number of salad kids - Dole Fresh Vegetables, Inc. is voluntarily recalling from the market a limited number of Dole-branded and private label salad kits described below, which were processed on the same line as a cheese that has been recalled by the manufacturer, Rizo-Lopez Foods, for the possible presence of Listeria monocytogenes.

19:16 EST Community Healthcare raises quarterly dividend to 45.75c per share from 45.5c - The dividend is payable on March 1, 2024 to shareholders of record on February 20, 2024.

18:46 EST Omni Air pilots vote to authorize a strike - Omni Air International pilots who are represented by the Airline Professionals Association-Teamsters Local 1224 voted to authorize a strike, with 100% of participating members voting in favor of the action. This strike authorization allows Teamsters Local 1224's leadership to call a strike on behalf of the pilot group, if necessary and when legally permitted under the Railway Labor Act. Omni Air pilots have been in negotiations for an amended collective bargaining agreement for nearly three years. Progress toward a new contract has stalled, despite eight months of federally mediated negotiations. Other labor groups at the company, including Omni Air's flight attendants and dispatchers are facing similar circumstances. Air Transport Services Group acquired Omni Air in 2018.

18:27 EST Disc Medicine's treatment of Polycythemia Vera gets FDA orphan designation - According to a post on the FDA's website, Disc Medicine's treatment of Polycythemia Vera received orphan designation. Reference Link

17:54 EST Mueller Water advances over 5% after Q1 results exceed estimates - Shares of Mueller Water are up 71c of 5.10% in after-hours trading on Thursday to $14.60 after the company reported quarterly results that beat analyst expectations on the top and bottom lines.

17:40 EST Affirm raises FY24 GMV forecast to over $25.25B - Prior FY24 GMV forecast was over $24.25B. Raises operating margin view to over 11% from over 5%. Comments taken from investor presentation slides.

17:30 EST Cohen & Steers reports January-end AUM $79.3B, down $3.8B from December - Cohen & Steers "reported preliminary assets under management of $79.3 billion as of January 31, 2024, a decrease of $3.8 billion from assets under management at December 31, 2023. The decrease was due to market depreciation of $2.2 billion, net outflows of $1.5 billion, and distributions of $157 million."

17:23 EST Expedia says has further room to optimize cost structure - Says anticipates that market growth rates will moderate in 2024 given the absence of COVID-driven tailwinds that were prominent last year. Says expects to have another strong year with top line year-over-year growth relatively in line with what we saw in 2023. Says believes we have further room to optimize cost structure and therefore improve margins. Says expects to continue to drive operating efficiencies and cost of sales across customer support and other operations.

17:10 EST Silvercorp Metals provides Q4 production guidane - Silvercorp Metals expects to process 215,000-240,000 tons of ore to produce approximately 1,200 to 1,300 ounces of gold, 1.1 to 1.3 million ounces of silver, 11.5 to 13.5 million pounds of lead, and 4.5 to 5.0 million pounds of zinc, representing production increases of 11% to 30% in ore, 20% to 30% in gold, 0% to 17% in silver, 5% to 20% in lead, and 26% to 40% in zinc compared to the production results in the same quarter last year.

17:02 EST Pinterest discloses 3rd-party ad integration with Google - CEO William Ready stated: "Today, I'm pleased to announce our next third-party ad integration with Google. This partnership will focus on monetizing several of our currently unmonetized international markets by enabling ads to be served on Pinterest via Google's Ad Manager. We went live a couple of weeks ago, and this is starting to ramp. Third-party ad demand is scaling as we anticipated. And while it was not a significant revenue contributor in Q4, we are now seeing it contribute more meaningfully to our growth this quarter, and we expect that to continue going forward." Comments taken from Q4 earnings conference call.

16:47 EST Great Elm Group invests $6M to support Great Elm Capital equity raise - Great Elm Group (GEC) announced it has invested $6M in a special purpose vehicle which acquired $24M of common stock in Great Elm Capital (GECC) at net asset value, or NAV. "This transaction leverages GEG's key attributes to create a beneficial outcome for all stakeholders," said Jason Reese, GEG's Chief Executive Officer. "Raising equity at NAV for our permanent capital vehicle, GECC, will help leverage our infrastructure and help scale our credit platform. In addition, we believe our investment in the special purpose vehicle will deliver a strong return and allow us to grow our recurring revenue streams. GEG is committed to scaling its existing businesses and executing its strategic growth initiatives."

16:45 EST Secoo Holding receives additional delist notice from Nasdaq - Secoo Holding announced that it received an additional delist notice from Nasdaq on February 6. The delist notice from Nasdaq dated February 6 notified the company that, upon further review, the Nasdaq Staff has determined that in light of concerns regarding the circumstances surrounding the company's failure to file its delinquent reports, it no longer appears to Nasdaq that it is possible for the company cure the deficiency. This matter serves as an additional basis for delisting the company's securities from Nasdaq. The company plans to present its views with respect to this additional deficiency at its Nasdaq Panel hearing scheduled on February 13.

16:43 EST Synlogic to cease operations, reduce workforce by over 90% - Synlogic said it will cease operations and reduce its workforce by more than 90%, retaining only certain employees to assist in the strategic review and assist in the discontinuation of the study. The majority of impacted roles will end in February. The company's cash, cash equivalents and short-term investments balance at December 31, 2023 was $47.7M. Aoife Brennan is also departing as President and Chief Executive Officer as part of the reduction, and stepping down from the board. Synlogic "plans to conduct an assessment of strategic options to enhance shareholder value, which will include, but are not limited to, an acquisition, merger, reverse merger, other business combination, sales of assets, dissolution or other strategic transactions." The company has not set a timetable for completion of this strategic review.

16:41 EST Synlogic ends Synpheny-3 study, to evaluate strategic options - Synlogic announced the decision to discontinue Synpheny-3, its ongoing pivotal study of labafenogene marselecobac as a potential treatment for phenylketonuria. As a result, Synlogic's management and its board have made the decision to evaluate strategic options for the company. The decision to end Synpheny-3 is based on results of an internal review in advance of an upcoming independent Data Monitoring Committee assessment, which indicated the trial was unlikely to meet its primary endpoint, the company said in a statement.

16:36 EST Amneal provides complete response resubmission to FDA for IPX203 NDA - Amneal Pharmaceuticals announced that it has provided a Complete Response resubmission to the U.S. Food and Drug Administration FDA for IPX203, a novel, oral formulation of carbidopa/levodopa CD/LD extended-release capsules for the treatment of Parkinson's disease PD The original NDA for IPX203 resulted in a Complete Response Letter (CRL) from FDA. The resubmission package included data from a healthy volunteer study which was conducted in the fourth quarter of 2023. The FDA did not request any other studies. "We are pleased to provide our complete response resubmission for IPX203 as we look to expand our Parkinson's franchise," said Chirag and Chintu Patel, Co-Chief Executive Officers at Amneal. "We look forward to launching this much-needed treatment in the second half of 2024, subject to FDA approval."

16:31 EST Enerpac Tool CFO Colucci to step down - Enerpac Tool Group announced that Anthony Colucci is stepping down as Executive Vice President and Chief Financial Officer to assume an executive role at a private equity firm. He will remain as CFO through March 1, 2024, to assist with the transition. The company has initiated a comprehensive search to identify Enerpac's next CFO and has retained a leading executive search firm to assist with the process. In the interim, P. Shannon Burns has been appointed as Interim Principal Financial Officer and Patrick Dawson has been appointed as Interim Principal Accounting Officer. Paul Sternlieb, President and CEO of Enerpac Tool Group, said, "Since joining Enerpac, Tony has been a valued partner in the successful implementation of our ASCEND transformation program, which reached the expected benefits a year ahead of plan and has enabled us to create a far more efficient, productive, and profitable enterprise. On behalf of the Enerpac Board and management team, I want to thank Tony for his contributions and wish him all the best in his new position."

16:31 EST FDA grants Corvus Pharmaceuticals' Soquelitinib ODD for PTCL treatment - Corvus Pharmaceuticals announced that the U.S. Food and Drug Administration FDA granted Orphan Drug Designation for soquelitinib for the treatment of T cell lymphoma. Soquelitinib, the Company's lead ITK inhibitor candidate, is expected to advance into a Phase 3 registrational clinical trial in patients with relapsed peripheral T cell lymphoma PTCL in the second quarter 2024. "Peripheral T cell lymphoma is an aggressive subset of non-Hodgkin's lymphoma typically associated with a poor prognosis," said Richard A. Miller, M.D., co-founder, president and chief executive officer of Corvus. "For these patients, there is significant need for new therapies given that existing drugs provide limited efficacy and are associated with significant toxicity. There are no FDA approved agents for relapsed PTCL. The orphan drug designation is an important milestone in the development of soquelitinib that reinforces the unmet need for patients with T cell lymphoma." FDA Orphan Drug Designation is granted to investigational therapies addressing rare medical diseases or conditions that affect fewer than 200,000 people in the United States. Orphan drug status provides benefits to drug developers, including assistance in the drug development process, tax credits for clinical costs, exemptions from certain FDA fees and seven years of post-approval marketing exclusivity.

16:28 EST Synlogic to discontinue Synpheny-3 study, evaluate strategic options - Synlogic announced the decision to discontinue Synpheny-3, its ongoing pivotal study of labafenogene marselecobac SYNB1934 as a potential treatment for phenylketonuria PKU . As a result, Synlogic's management and its Board of Directors have made the decision to evaluate strategic options for the Company. The decision to end Synpheny-3 is based on results of an internal review in advance of an upcoming independent Data Monitoring Committee DMC assessment, which indicated the trial was unlikely to meet its primary endpoint. The decision was not based on concerns regarding safety or tolerability. Synlogic will now work with the Synpheny-3 clinical trial sites involved to implement the discontinuation. "It is with a heavy heart that we share this news, and our resulting decision to end Synpheny-3. Based on the program's progress and data to date, we had expected the study to demonstrate the potential for SYNB1934 to provide an important new treatment option for those affected by PKU," said Aoife Brennan, M.B. Ch.B., Synlogic President and Chief Executive Officer. "We express our deep gratitude for the support and partnership we have received from the PKU community, including the clinical trial site investigators and staff." Synlogic's Board of Directors plans to conduct an assessment of strategic options to enhance shareholder value, which will include, but are not limited to, an acquisition, merger, reverse merger, other business combination, sales of assets, dissolution or other strategic transactions. There can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions, or that, if completed, any agreements will be reached, or transactions will be successfully consummated or on attractive terms. As a result of this process, Synlogic will cease operations, and reduce its workforce by more than 90%, retaining only certain employees to assist in the strategic review and assist in the discontinuation of the study. The majority of impacted roles will end in February 2024. Our cash, cash equivalents and short-term investments balance at December 31, 2023 was $47.7M... Dr. Brennan is also departing as President and Chief Executive Officer as part of the reduction, and stepping down from the Board of Directors. .

16:26 EST Cloudflare names Mark Anderson president of revenue - Cloudflare (NET) announced the appointment of Mark Anderson, a current member of Cloudflare's Board of Directors, as President of Revenue to further accelerate the company's next phase of growth at scale to $5 billion in annual recurring revenue and beyond. Anderson most recently served as the CEO of Alteryx (AYX) and brings 25+ years of experience building high performing teams and scaling revenue at multiple enterprise technology companies. "I've had the privilege of working closely with Mark since 2019 when he joined Cloudflare's Board of Directors. It's not often that a such a unique opportunity like this presents itself - hiring a respected industry veteran with a proven track record of driving growth at scale across multiple enterprise technology organizations, who also has a deep knowledge of our business, leadership, and team," said Matthew Prince, CEO and co-founder at Cloudflare. "Mark has been part of our growth journey for more than four years, and bringing him on to drive our go-to-market efforts was an exceptional opportunity we simply could not pass up. I'm personally excited to work closely with him, and we are thrilled to welcome him to the team as we continue to build a world-class sales organization."

16:17 EST Primerica raises quarterly dividend 15% to 75c per share - The dividend is payable on March 12, 2024, to stockholders of record on February 21, 2024.

16:17 EST GoDaddy names Jared Sine as Chief Strategy & Legal Officer - GoDaddy (GDDY) will welcome Jared Sine as its Chief Strategy & Legal Officer effective March 18. Sine will assume responsibility for the Strategy, Legal, Corporate and Business Development functions. Sine will report to CEO Aman Bhutani. Before joining GoDaddy, Sine spent almost eight years at Match Group (MTCH) and served as Chief Business Affairs & Legal Officer since March 2021, overseeing privacy, safety and social advocacy, compliance, government affairs, corporate governance, general legal, aspects of corporate strategy, and mergers and acquisitions.

16:16 EST PetMed Express to restate previously issued financial statements - "In preparing our 2023 Annual Report, we determined that an accrual for sales tax contingencies was required. As such, we recorded a sales tax accrual in the second and fourth quarters of fiscal year 2023 based on a determination that the sales tax liability was probable and estimable, and that such treatment was in accordance with what we believed to be the appropriate guidance from generally accepted accounting principles . In the third quarter of fiscal year 2024, the Company reviewed, in conjunction with its auditors, RSM the accounting treatment related to its previously reported sales tax accruals as well as the accounting treatment related to the deferred tax asset associated with the Company's acquisition of PetCareRx in April 2023. As a result of this review, the Audit Committee concluded, based on management's determination, that the Company incorrectly applied GAAP as it relates to the sales tax liability included in the periods contained in the Affected Financials, and that it improperly valued the deferred tax asset and goodwill reported in the first and second quarter of fiscal year 2024.The Company expects the impact of the restatement to affect multiple periods. The most significant impact to the income statement is expected to be a decrease to general and administrative expense for fiscal year 2023 in the range of $6M to $8 M and a corresponding increase in net income for the same period. This amount was originally recorded as a sales tax liability based on a probable and estimable approach, in fiscal year 2023, rather than the correct, legal liability approach, under which the sales tax liability would have been recorded for periods included in the Affected Financials. The restatement is expected to require the Company to revise and record a sales tax liability of approximately $14 to $20M as of March 31, 2020..."

16:13 EST Synlogic trading halted, news pending

16:04 EST Expedia reports Ariane Gorin to Succeed Peter Kern as CEO - Expedia Group announced the appointment of Ariane Gorin as Expedia Group's CEO, effective as of May 13. Ms. Gorin will succeed Peter Kern, who has served as the company's CEO since 2020. After completing his contract as CEO, Mr. Kern will continue to serve as the company's Vice Chairman and member of the Board of Directors, working closely with Ms. Gorin to ensure a smooth transition. Ms. Gorin has also been elected to serve on the company's Board of Directors, Expedia stated.

16:03 EST Expedia reports Q4 booked room nights up 9% year-over-year to 77.4M - Reports Q4 gross bookings of $21.67B, up 6% year-over-year.

16:00 EST Agilon Health says Benjamin Kornitzer to transition from role as CMO - Agilon Health announced that Benjamin Kornitzer, M.D., will assume a strategic role as special advisor to the company and will transition from his role as chief medical officer effective March 1, 2024. agilon health has initiated a comprehensive search process to identify a new CMO. Until a successor is named, Karthik Rao, M.D., senior medical director and vice president, network performance, will serve as interim CMO. Dr. Rao and agilon's chief clinical officer, Kevin Spencer, M.D., will co-lead the company's clinical strategy. "I want to express our deepest appreciation to Dr. Kornitzer for his leadership and considerable contributions to advancing our clinical, research and quality strategy at agilon health over the past four years. He has built a strong team, and we are glad to have him continue as a valued advisor," said Steve Sell, chief executive officer, agilon health. "I am pleased to have the support of Dr. Rao as our interim chief medical officer and Dr. Spencer who serves as our chief clinical officer, both of whom play invaluable roles working with our physician partners and advancing our Total Care Model."

14:00 EST Street failing to appreciate Dolphin to report positive cash in 2024, CEO says

14:00 EST Dolphin CEO says first phase of company's Super Group concluded

12:31 EST Occidental Petroleum increases quarterly dividend to 22c per share - Occidental announced today its Board of Directors declared a regular quarterly dividend of 22c per share on common stock, payable on April 15, 2024, to stockholders of record as of the close of business on March 8, 2024. On an annual basis, the dividend is 88c per share at the new rate, compared to the previous annual rate of 72c per share.

12:03 EST L'Oreal says group chief corporate responsibility officer Palt to depart - L'Oreal (LRLCY) announced Wednesday the departure of Alexandra Palt from her role as Chief Corporate Responsibility Officer, effective April 1st, as she embarks on a new chapter focused on personal endeavors. Palt, who joined L'Oreal Groupe as Chief Sustainability Officer in 2013, will be succeeded as Chief Corporate Responsibility Officer by Ezgi Barcenas, who joins L'OrealGroupe from AB InBev (BUD), where she was Chief Sustainability Officer and served as a member of the senior leadership team.

12:00 EST Advanced Drainage rises 13.3% - Advanced Drainage is up 13.3%, or $18.36 to $156.44.

12:00 EST Oscar Health rises 28.8% - Oscar Health is up 28.8%, or $3.86 to $17.27.

12:00 EST Insperity falls -17.8% - Insperity is down -17.8%, or -$20.13 to $92.93.

11:46 EST Albertsons voluntarily recalls five ReadyMeals, store-made taco kits - Albertsons Companies has voluntarily recalled five ReadyMeals and store-made taco kits supplied by Fresh Creative Foods due to possible Listeria monocytogenes contamination. The select meals and kits contain a recalled cheese ingredient supplied by Rizo-Lopez Foods, Inc., of Modesto, California. The FDA and CDC, in collaboration with state and local partners, are investigating illnesses in a multi-year, multistate outbreak of Listeria monocytogenes infections linked to queso fresco and cotija cheeses manufactured by Rizo-Lopez Foods. Consumers who have purchased these items are urged not to consume these products and to dispose of them or return the items to their local store for a full refund.

11:32 EST Collective Audience appoints Joe Zawadzki as chairman of board - Collective Audience has appointed Joe Zawadzki, as chairman of its board of directors. Zawadzki currently serves as general partner at Aperiam, a venture capital and advisory firm focused on the digital transformation of marketing and media.

11:25 EST Arrowroot Acquisition Corp trading resumes

11:02 EST Mattel appoints Christopher Farrell as EVP and Chief Strategy Officer - Mattel announced that Christopher Farrell has joined the company as Executive Vice President and Chief Strategy Officer, effective immediately. Farrell will lead strategic planning and corporate development for the company, including identifying opportunities to accelerate growth and profitability and optimize business performance. He will report to Ynon Kreiz, Chairman and CEO of Mattel. Farrell joins Mattel from Ahold Delhaize, the Dutch multinational food retailer with operations in the U.S., Europe and Asia, where he was Global Head of M&A for the last five years.

10:40 EST Sonida Senior Living Inc trading resumes

10:13 EST Wave selects Q2 Holdings for digital receipt management solutions - Q2 Holdings announced Wave has selected Q2 as its strategic digital partner to offer its customers a streamlined and intuitive approach to managing expenses while gaining deeper insights into financial data. Q2 Spend Manager enables small and medium-sized businesses to automate and streamline expense management, resolving the cumbersome and error-prone process of tracking expenses. The partnership will enable Wave to help its clients reduce the burden of manual expense tracking, improve accuracy and provide a real-time view of financial transactions.

10:03 EST RMR: Entering generally more favorable environment for commercial real estate

10:02 EST Enerplus up 7% after Reuters report of Devon takeover approach

10:00 EST Belden rises 11.2% - Belden is up 11.2%, or $8.32 to $82.82.

10:00 EST Oscar Health rises 20.4% - Oscar Health is up 20.4%, or $2.74 to $16.15.

10:00 EST Insperity falls -17.5% - Insperity is down -17.5%, or -$19.76 to $93.30.

09:52 EST Fairfax Financial 'disagrees' with Muddy Waters report - "Earlier, Muddy Waters Research issued a report regarding Fairfax Financial Holdings suggesting that the book value of Fairfax was overstated. Fairfax disagrees with the allegations and insinuations contained in the report, and would like to assure all shareholders that Fairfax has prepared its financial statements and reporting in accordance with all applicable accounting principles. Through the first nine months of 2023, Fairfax has achieved record earnings driven by record operating income. Fairfax will release its fourth quarter and year-end financial results next Thursday, February 15, 2024, and a conference call will follow on the morning of Friday, February 16, 2024, and the management of the company is pleased to address any questions relating to those results or the report issued today at that time."

09:47 EST Insperity falls -11.5% - Insperity is down -11.5%, or -$12.99 to $100.06.

09:47 EST TAL Education rises 9.1% - TAL Education is up 9.1%, or $1.09 to $13.13.

09:47 EST Oscar Health rises 25.5% - Oscar Health is up 25.5%, or $3.42 to $16.83.

09:41 EST BlackSky wins $50M in multiyear contracts for Gen-3 capabilities - BlackSky Technology announced that it won a first-of-its-kind contract with Thales Alenia Space supporting the Ministry of Defense of the Republic of Indonesia to deliver Gen-3 Earth observation satellites, ground station capabilities and flight operations support. BlackSky has also provided Assured subscription-based real-time imagery and analytics services to support the Indonesian MoD. These multi-year contracts have a combined value of approximately $50M. "Continuing our string of pioneering innovations in the space-based intelligence industry, BlackSky now offers sovereign nations the ability to gain foresight into critical matters that affect their national security and economy using commercially available Earth observation technology today," said Brian E. O'Toole, BlackSky CEO.

09:39 EST Jin Medical International Ltd trading resumes

09:35 EST Kellanova: Could take a couple of quarters before negative industry trends abate - Comments taken from Q4 earnings conference call.

09:34 EST Jin Medical International Ltd trading halted, volatility trading pause

09:33 EST Verizon, Vonage collaborate to bring advanced 5G network APIs to developers - Verizon (VZ) and Vonage, a part of Ericsson (ERIC), have entered into a memorandum of understanding outlining their intention to introduce Verizon network Application Programming Interfaces to the Vonage platform that will enable the developer community to access network services and capabilities. The companies will also collaborate in developing new APIs, an important step in creating an ecosystem of network APIs that can be leveraged by developers to build secure, reliable and innovative applications. The plan to integrate the Verizon network services into Vonage's platform will enable enterprises to create deeper engagement with consumers across the customer journey to drive a better overall experience and brand loyalty. The collaboration will build on existing APIs to innovate on next generation, advanced APIs that will drive the global industry forward towards easy, ubiquitous access to cutting-edge network capabilities. This is essential to unleash the full potential of the 5G network, speed digital transformation within enterprises and create incremental monetization of network assets.

09:32 EST Splash Beverage enters distribution partnership with Armada Distributing - Splash Beverage Group announced its distribution partnership with Armada Distributing. The collaboration with Armada Distributing marks a significant expansion of Splash's brands distribution footprint, specifically covering the entire state of Oklahoma. With a dedicated team of 25 salespeople, Armada Distributing brings unparalleled expertise and market knowledge to the partnership, positioning Copa di Vino, SALT Tequila, Pulpoloco and TapouT for growth and increased market penetration in the region. The launch of this partnership is slated to occur here in the first quarter of 2024, and adds strong support to our 2024 growth plans. Leveraging Armada Distributing's extensive reach in the state and dedicated sales force, Splash anticipates ready access for its brands into retail and on-premise outlets across Oklahoma, ultimately enhancing brand visibility and driving consumer engagement.

09:30 EST Titan Pharmaceuticals trading halted, volatility trading pause

09:25 EST Herbalife launches GLP-1 nutrition companion product combos - Herbalife earlier announced the launch of the Herbalife GLP-1 Nutrition Companion, a new range of food and supplement product combos fueled by the company's protein shake and intended to support the nutritional needs of individuals on GLP-1 and other weight-loss medications. Herbalife's Classic and Vegan options are now available in the United States and Puerto Rico in a variety of flavors, the company said. "Weight-loss drugs curb your appetite, so people taking medications like GLP-1 Agonist may have difficulty getting all the macronutrients, micronutrients or physical activity they need for optimal muscular, cardiovascular and brain health," said Kent Bradley, M.D., MBA, MPH, chief health and nutrition officer at Herbalife. "Individuals taking these medications should supplement with products that help meet these needs and focus on making foundational lifestyle changes to achieve sustainable weight loss.

09:19 EST WISeKey expands WISeSat.Space 2024 Strategy - WISeKey International unveiled a significant expansion of its WISeSat.Space strategy for 2024. WISeSat.Space is a subsidiary of WISeKey, revolutionizing IoT connectivity with the first cost-effective and secure solution, leveraging picosatellites and low-power sensors to provide unparalleled IoT connectivity across the globe. The strategic expansion includes the scheduled launch of new satellites in the fourth quarter of 2024, alongside the introduction of groundbreaking technology aboard its latest generation of Low Earth Orbit satellites. This initiative is designed to meet the extensive IoT deployment needs across various sectors, including Smart Farming, Energy, and Logistics, ensuring reliable and secure data transmission anywhere on Earth. To date, seventeen satellites equipped with WISeSat technology have been launched into orbit aboard SpaceX rockets, marking the initial phase of a visionary plan to deploy an 80-satellite constellation. This network aspires to provide comprehensive global IoT connectivity with an impressive data latency goal of just 10 hours. In anticipation of the emerging quantum computing era, WISeSat.Space is proactively enhancing its security measures. The company is pioneering the adoption of post-quantum cryptographic solutions and devices provided by SEALSQ, WISeKey's semiconductor subsidiary, thereby establishing new benchmarks for secure multi-factor authentication and the protection of critical data exchanges in the quantum future.

09:17 EST Nokia concludes smartphone patent license renewal cycle - Nokia has signed its last remaining major smartphone patent license agreement and concluded its smartphone patent licence renewal cycle which began in 2021. Nokia Technologies - Nokia's licensing business - will now enter a period of stability with no major smartphone agreements expiring for a number of years. The announcement follows recent agreements with Honor, OPPO, vivo, and the new agreement now concluded with a company whose license expired earlier, as well as the license agreements signed with Apple and Samsung last year, and Huawei in December 2022. As a result, Nokia Technologies currently has an annual net sales run-rate of approximately EUR 1.3 billion, excluding catch-up net sales. In addition to the remaining addressable smartphone market, it will continue to focus on opportunities to grow the annual net sales run-rate through patent licensing in areas such as automotive, consumer electronics, IoT and multimedia, to reach a run-rate of EUR 1.4-1.5 billion in the mid-term. Considering the many agreements Nokia Technologies has signed in the quarter, its Q1 net sales are expected to benefit from significant catch-up net sales in excess of EUR 400 million related to prior periods of non-payment. This is consistent with the assumption that Nokia provided in its Financial Report for Q4 and Full Year 2023 for Nokia Technologies to generate at least EUR 1.4 billion of operating profit in 2024 including the benefit of catch up net sales.

09:14 EST Standard Lithium reports cash, equivalents totaling C$15.8M - "In 2023, the lithium sector has been under pressure, with lithium prices experiencing a significant decrease from the all-time highs seen in 2022, a situation compounded by the prevailing interest rate environment and other macroeconomic factors," says Robert Mintak, CEO and Director of Standard Lithium. "Despite the industry-wide market challenge, the long-term fundamentals for lithium continue to be strong, particularly for projects situated in geopolitically stable regions such as the United States, where policy support and other key strategic advantages are enabling for project differentiation. The Smackover region, in particular, is attracting interest from major players in the global energy sector. Discussions around strategic partnerships, joint development opportunities, and long-term off-take are robust and moving forward. In response to these market dynamics, we are taking responsible and appropriate actions that are in the best interests of our shareholders, ensuring that Standard Lithium remains well-positioned to capitalize on what continues to be an exciting sector with extraordinary growth prospects." Cash and equivalents and working capital of Ca$15.8 million and Ca$5.7 million, respectively, as of second fiscal quarter end, and in combination with the prudent and strategic use of our at-the-market offering program as a tool to fund any short term financing needs, are expected to sustain the Company through the 2024 fiscal year.

09:11 EST Avnet and indie Semiconductor enter global distribution agreement - indie Semiconductor (INDI), and Avnet (AVT) a global technology distributor, have executed a distribution agreement to accelerate global availability of indie's innovative semiconductor product portfolio, leveraging Avnet's extensive market reach, support, and fulfillment capabilities. "indie is excited to partner with Avnet to bring our world-class automotive portfolio to a global customer base," said Michael Wittmann, chief operating officer at indie Semiconductor. "Avnet's strong expertise in the automotive segment, coupled with its global reach, will allow our class-leading products to bring value to customers across global automotive development regions." "We look forward to collaborating closely with indie to bring Avnet's global support network and market knowledge to indie's broad and differentiated automotive portfolio to help meet the innovation needs of a fast-evolving industry," said Mat Ransom, global vice president Automotive and ASCS, Avnet.

09:10 EST Safe and Green Development acquires XENE Real Estate AI software - Safe and Green Development announced that it has closed on the previously announced acquisition of Majestic World Holdings, a real estate technology firm and owner of the Xene AI Software platform. The purchase price for the acquisition consists of an aggregate of $500 thousand in cash to be paid over 5 quarters and 500,000 shares of SG Devco restricted stock valued at $1.075 million, or $2.15 per share. Under the terms of the agreement, Matthew Barstow, MWH CEO & President will become Senior Vice President of Innovation at SG Devco. The acquisition is a milestone in the company's short history and adds a new vertical to the SG DevCo portfolio. The addition of MWH diversifies SG DevCo's business interests and adds a new source of potential revenue. David Villarreal, President & CEO of Safe and Green Development Corporation, stated, "Majestic is an innovator in real estate technology with a unique asset base and people with deep industry knowledge. The combined capabilities of our two companies is expected to provide long-term value creation well in excess of what either company was capable of doing on a individually. We believe this transaction will immediately and in the long-term drive significant value to our shareholders."

09:09 EST LQR House joins Webull's Corporate Connect Service - LQR House has begun participating on the Webull Corporate Connect Service . This strategic move is aimed at fostering transparency and strengthening connections with shareholders.

09:08 EST Nuvve Holding back in compliance with Nasdaq minimum bid price rule - Nuvve Holding it is back in compliance with the Nasdaq minimum bid price rule. On February 5, the company received a letter from Nasdaq notifying the company that it had regained compliance with Nasdaq because for the last 10 consecutive business days, from January 22, 2023, through February 2, 2024, the closing bid price of the company's Common Stock had been at $1.00 per share or greater. Accordingly, the company has regained compliance with Nasdaq Listing Rules and Nasdaq considers this matter closed.

09:06 EST SenesTech signs distribution agreement for Evolve in Australia, New Zealand - SenesTech entered into a Distribution Agreement for Evolve Soft Bait with Evicom, an environmental management firm based in Australia with distribution throughout Australia, New Zealand and the surrounding region. The agreement with Evicom includes annual minimums, and that Evicom will take the lead on regulatory approvals.

09:06 EST Inuvo spotlights customizable AI capabilities for precision marketing - Inuvo spotlights its purpose-built customizable AI capabilities that enable marketers to generate custom IntentKey audience models based on their own proprietary strategies, products, and market insights. IntentKey's capabilities are especially significant in 2024, as Apple and Google continue their online privacy mission, with Google announcing their target to go 100% cookie-free by the end of the year. IntentKey doesn't depend on cookies to source information and allows brands to gather data without compromising audiences' privacy. While large-language model chatbots, like ChatGPT from OpenAI and Google Bard, have sparked excitement around customizability and problem solving, Inuvo has focused on the adaptability of its AI specifically for modeling audiences for advertising. IntentKey is the first and only LLM built from the ground up to generate and target audiences - no two IntentKey client models are alike.

09:03 EST Sprout Social expands partnership with Reddit - Sprout Social announced it entered into an enhanced partnership with Reddit, where Sprout users will gain access to deeper and more valuable real-time Reddit data for insights into public conversations and customer activity along with brand and industry trends. "Reddit has always been a central community for a wide and diverse range of conversations and we've seen it have an increased impact on brand outcomes in recent years," said Justyn Howard, CEO of Sprout Social. "As social insights become essential to remaining competitive and driving innovation across an organization, this expanded offering will provide increased value to our users and their understanding of their businesses and customers."

08:59 EST Under Armour says China was leading contributor to Q3 growth - Says inconsistency has permeated U.S. business. Says on right path to addressing these inconsistencies. Says footwear is most significant growth opportunity. Says UA rewards is a bright spot and has hit 3M members. Says China was leading contributor to Q3 growth. Says maintaining cautious view of the market. Comments taken from Q3 earnings conference call.

08:58 EST Kopin gets order from Naval Air Warfare Center for advanced microdisplay - Kopin Corporation announced the award of a new Small Business Innovation Research SBIR contract from the Naval Air Warfare Center. Under the terms of the contract, Kopin will leverage over 30 years of expertise in US-based microdisplay development to deliver advanced microdisplays for lensless computational imaging. The goal of the research is to develop a high-resolution microdisplay which can operate at very high framerates to support development of trusted AI and autonomous capabilities for computational imaging. Kopin intends to accomplish this objective by introducing enhancements to existing microdisplay designs to achieve the performance requirements of this program. The expected output is a microscale , high-resolution display and drive board with transparent and back-lit versions. "This is the first award to Kopin by the Navy for research that advances vision technology in a very novel way," stated Bill Maffucci, the Company's Senior Vice President of Business Development and Strategy. "Kopin intends to work with the Office of Naval Research to develop through this program a range of lensless, optical-computing devices that provide new capabilities in the areas of computer vision and computational imaging."

08:46 EST Tapestry sees mid-single digit sales growth in China for FY

08:38 EST MDU Resources provides 2024 guidance - For 2024, MDU Resources expects earnings from its regulated energy delivery businesses of $170M-$180M, construction services revenues of $2.9B-$3.1B, with margins comparable to 2023, and EBITDA of $220M-$240M.

08:37 EST General Motors hires former Tesla executive Kurt Kelty as VP of Batteries - General Motors (GM) says the company "continues to invest in the infrastructure and attract world-class talent to make that a reality," reporting that GM has hired Kurt Kelty, a "globally recognized battery expert" and former Tesla (TSLA) executive, to be vice president of Batteries, reporting to GM President Mark Reuss. "In this newly created role, Kelty will be charged with GM's battery cell strategy and a new end-to-end approach. This will include the use of raw materials, research, developing and investing in new technology, commercialization of cells and packs, and end of life opportunities. His team will be responsible for a critical piece of GM's electrification strategy, bringing together the company's already robust battery development resources with industry expertise to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale," GM stated. Reference Link

08:35 EST Arrive partners with AllMart to launch smart mailbox solution in Antigua - Arrive Technology announced that it has signed an agreement with AllMart Marketplace to initially deploy up to 25 Arrive smart mailboxes to facilitate secure deliveries on the island nation of Antigua. This announcement comes on the heels of Arrive's previously announced agreement and plan of merger with Bruush Oral Care. Arrive CEO Dan O'Toole said the deployment of Arrive mailboxes in Antigua results from Arrive's recent acquisition of Airbox Technologies and its patent portfolio. Airbox had a pre-existing relationship with AllMart but had yet to begin facilitating deliveries. "We acquired Airbox to enhance our own, first-position patent portfolio but also to speed up our deployment plans," O'Toole said. "Moderate regulations and more open skies make Antigua an ideal testing ground and will quickly demonstrate to the world how our Mailbox-as-a-Service platform and autonomous delivery will transform the last mile of package delivery."

08:34 EST Rackspace Technology appoints Gross to board of directors - Rackspace Technology (RXT) announced the appointment of Mark Gross to its Board of Directors. Gross is an experienced and dynamic leader with over 25 years of broad-based experience, financial expertise, and deep insight into leading business transformations. Gross succeeds Thomas Cole, who unexpectedly passed away over the recent holiday season. Gross is an experienced board member and currently serves as a board member and governance committee chair at Diebold-Nixdorf (DBD), a global provider of banking and retail technology systems.

08:33 EST Ohmyhome announces growth updates since acquisition of Simply Sakal - Ohmyhome announces significant developments and milestones following its acquisition of Simply Sakal Pte. Ltd. Simply Sakal Pte. is now renamed as Ohmyhome Property Management further enhancing the one-stop brand of Ohmyhome. This strategic transaction has not only expanded Ohmyhome's service offerings to include a non-cyclical recurring revenue stream, but also established a strong position in the condominium property management sector in Singapore with close to 6,800 units under management and an ARR reaching $2.7 million on December 31, 2023. The condominiums are across various districts in Singapore with sizes ranging from 10 to over 700 units per project. The property management business has historically grown its business at 57% CAGR, achieving revenue of $2.0 million in 2022 with 4,648 units under management.

08:32 EST Nexalin announces regulatory approval in Oman for neurostimulation device - Nexalin Technology has been granted regulatory approval by the Sultanate of Oman's Ministry of Health. Mark White, CEO of Nexalin Technology, stated, "We are pleased to announce the approval to sell our Gen-2 neurostimulation device in Oman, which represents our first regulatory approval outside of China. Not only is Oman an important gateway to the Middle East, but we intend to seek, and expect to be granted, additional approvals in other markets around the world. We look forward to finalizing our first commercial distribution agreement in Oman within the coming weeks and commencing commercial sales soon thereafter. We are laser-focused on opening new international markets and securing commercial distribution partners to rapidly and cost-effectively scale the business. Given the growing body of clinical data published in China supporting the benefits of our non-invasive, drug-free device, I am more confident than ever that our technology will play an important role in helping to combat the global mental health epidemic."

08:24 EST AST SpaceMobile announces contract award from U.S. government 'prime contractor' - AST SpaceMobile announced a new contract award from a prime contractor working with the United States Government. "We are thrilled to announce this initiative with the United States Government," said Chris Ivory, Chief Commercial Officer and Head of Government Business of AST SpaceMobile. "We believe our patented technology, leveraging our large phased array antenna technology in space, creates opportunities for new mission-critical capabilities in the government sector. We are creating new robust and resilient communications solutions while also facilitating new use cases."

08:19 EST NFI Group appoints Dewsnup as EVP, CFO - NFI Group announced that Brian Dewsnup has been appointed as Executive Vice President, EVP, and Chief Financial Officer, CFO, of the Company, effective March 1, 2024. Brian succeeds Pipasu Soni who has served as CFO since 2020 and is returning to the United States with his family to pursue other opportunities. Pipasu will support the transition and smooth handover to Brian through the second quarter of 2024. Dewsnup joined NFI through its 2013 acquisition of North American Bus Industries. At that time, Brian served as NABI's CFO and after its acquisition, as its Vice President and General Manager.

08:19 EST Microchip earns certification compliant to ISO/SAE 21434 - As everything from infotainment to engine systems in the automotive industry becomes more dependent on wireless and in-vehicle network connectivity, the need for robust cybersecurity measures has increased. The ISO/SAE 21434 standard has emerged to set requirements for road vehicle cybersecurity risk management processes. These cybersecurity requirements help regulate automotive products across the complete product lifecycle-from concept through design, production, maintenance and decommissioning. Adhering to these standards, Microchip Technology's corporate processes associated with specific automotive work products have recently been audited by a third party, UL Solutions, and certified as compliant to ISO/SAE 21434. Developed by the International Organization for Standardization in conjunction with the Society of Automobile Engineers International, the ISO/SAE 21434 standard was developed to help organizations define cybersecurity policies and manage risk. It is a demanding specification with 45 security categories, known as work products, each of which specifies a unique set of requirements that encompass all aspects of designing electrical and electronic systems for road vehicles, from ICs and software to firmware and libraries.

08:17 EST Genpact announces two executive appointments for focus on AI - Genpact announced two new executive leadership appointments. These appointments aim to propel the company into its next chapter of growth, leveraging data, technology, and AI-first principles. Vipin Gairola has been appointed Genpact's Global Operating Officer and is leading the charge of transforming service delivery for Genpact's clients by leveraging AI-led solutions. He is part of Genpact's Leadership Council and will lead the company's Operations and Cost Council. Gairola comes to Genpact from Accenture, where he served in several senior leadership roles over the past two decades. His most recent role was Chief Strategy Officer for Accenture Operations. Vidya Rao, Genpact's Chief Information Officer, takes on the expanded role of Chief Technology and Transformation Officer. In this role, she will be at the forefront of reimagining Genpact's internal processes, tools, technologies, and infrastructure with an AI-first approach.

08:16 EST Palisade Bio announces formation of clinical advisory board - Palisade Bio announced the appointments of Bruce Sands, MD, MS and Florian Rieder, MD to its Clinical Advisory Board. Drs. Sands and Rieder will be advising Palisade on the advancement of its product candidates from preclinical studies to clinical trials.

08:16 EST Nasdaq Private Market closes $62.4M Series B Financing - Nasdaq Private Market closed its Series B financing. The $62.4 million round was led by Nasdaq with participation from current investors including Allen & Company, Citi, and Goldman Sachs. New investors in the Series B include BNP Paribas, DRW Venture Capital, UBS, and Wells Fargo. Since its spinout from Nasdaq in 2021, NPM has operated independently through an industry-backed consortium with a mission to deploy cutting-edge technology to accelerate the availability of secondary liquidity in private shares through its high-integrity trading, settlement, and data platform. NPM services some of the world's most innovative private companies with their liquidity needs for employees and institutional investors. The company has executed more than $50 billion in transactional value across 650 company-sponsored liquidity programs and block trades.

08:14 EST BorgWarner begins eMotor rotor and stator production for Chinese EV company - BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a Chinese Smart EV company. The product will be used on the X9 MPV as well as XPeng's next electric B-class sedan, with start of production planned for Q3 2024.

08:12 EST Visionary Education changes name to 'Visionary Holdings' - Visionary Education Technology Holdings Group announced it has changed its legal name to "Visionary Holdings." The company's common shares will continue to trade under the ticker symbol "GV". No action by the company's shareholders is required with respect to the name change. The CUSIP number for the company's common shares will remain unchanged.

08:11 EST BorgWarner secures boosted dual inverter business with Chinese OEM - BorgWarner has secured a contract with a major Chinese OEM to supply its dual inverter with boost function on a series of the automaker's plug-in hybrid - PHEV - and range extended - REEV - electric vehicle passenger car platforms. The boost module is directly integrated into the 400V dual inverter to achieve a higher power density as well as meet local hybrid architecture standards within the Chinese market. The dual inverter with boost will be manufactured and assembled in BorgWarner's Suzhou, China plant, with production expected to begin September 2024.

08:11 EST Sensus Healthcare issued U.S. patent for SRT-100 vision system - Sensus Healthcare announces that the U.S. Patent and Trademark Office, USPTO, has issued Patent No. 11,894,123 B2, titled "Radiotherapy Mobile and Wireless Device Workflow Management System." This new patent covers systems and methods for treating a patient with a radiotherapy system combining high-frequency ultrasound and optical imaging data. "The SRT-100 Vision is increasingly important to Sensus, and this new U.S. patent adds to our valuable intellectual property portfolio comprised of both domestic and international patents," said Michael Sardano, president and general counsel of Sensus Healthcare. "This USPTO issuance helps to ensure that our innovative products will remain protected for many years to come."

08:10 EST Ageagle Aerial Systems secures contract for eBee X, eBee TAC drones - AgEagle Aerial Systems announces the procurement of a fleet of eBee X and eBee TAC drones by UT-Battelle, LLC, which manages and operates the Oak Ridge National Laboratory, ORNL, on behalf of the U.S. Department of Energy, DOE. "We believe that the U.S. Department of Energy's choice to utilize our eBee X and eBee TAC systems underscores the value that our U.S. Government-certified drones bring to critical areas, such as research, security and emergency response. We are honored to be a trusted partner, and this recognition further motivates us to continue providing cutting-edge, certified security solutions that make a meaningful impact," stated Grant Begley, AgEagle's Interim CEO.

08:09 EST Indaptus Therapeutics launches new social media initiative to provide education - Indaptus Therapeutics announces the launch of a new social media initiative to provide education and updates about the company. Recognizing the importance of engaging with all stakeholders, Indaptus will generate content on a variety of digital platforms, including X and LinkedIn. Jeffrey Meckler, Indaptus Therapeutics' CEO, expressed enthusiasm about this initiative, stating, "Our goal is not only to advance groundbreaking treatments, but also to foster open communication and education around our work. Social media provides an ideal platform for connecting with a broader audience, sharing insights, and building a community that is passionate about medical advancements."

08:08 EST Quoin Pharmaceuticals files U.S., international patent application - Quoin Pharmaceuticals announced it has filed U.S. and International patent applications for a novel combination product as a potential treatment of Netherton Syndrome. This new product combines a broad spectrum serine protease inhibitor with an anti-inflammatory agent in a proprietary topical formulation. Quoin anticipates that patents arising from these applications will extend to at least 2044. "As we continue to advance the clinical development of Quoin's lead asset for Netherton Syndrome, we are pursuing opportunities to strengthen our industry-leading position in this disease space. Today's announcement further underscores our commitment to innovation and to the expansion of our intellectual property portfolio. This novel product concept, formulated as a topical lotion, addresses the combined roles that serine protease inhibition and inflammation play in this disease," said Dr. Michael Myers, Chief Executive Officer of Quoin.

08:07 EST authID announces the appointment of new talent - authID announced the appointment of new talent that will position the Company for further growth in 2024 and beyond. Following the successful completion of its November 2023 fund-raise, the Company is expanding its sales, customer success, and engineering teams to drive quick execution on its sales and product pipeline and capitalize on the global demand for secure and seamless biometric authentication solutions. Prateek Bijapurkar, Director of Sales, has over 15 years of authentication and identity sales experience and most recently served as Enterprise Sales Manager at ForgeRock/Ping. Spencer Bybee, Director of Sales, holds over 25 years of strategic selling of security and identity solutions and arrives at authID having served in Executive Account Manager positions at Ping Identity and others. Linh Nguyen, Principal Solutions Architect, brings over 15 years of pre- and post-technical sales and product expertise. Most recently, he served as Principal Sales Engineer at ForgeRock/Ping where he tailored identity access solutions to meet customer needs and ensure post-implementation success.

08:06 EST Karat Packaging board raises quarterly cash dividend to 30c per share - Karat Packaging announced that its board of directors approved the payment of a regular quarterly dividend of 30c per share on the Company's common stock, reflecting an increase from the previous quarterly dividend of 20c per share. The dividend is payable on or about February 29, 2024, to the stockholders of record as of February 21, 2024.

08:05 EST Byrna Technologies expanding manufacturing capabilities at Indiana facility - Byrna Technologies announced the expansion of its manufacturing capacity at its Fort Wayne, Indiana facility. This strategic move comes in response to the surge in demand stemming. The expansion initiative includes increasing production facility personnel by 25% and opening a second assembly line, paving the way for Byrna to boost its launcher output from 10,000 launchers per month to 12,500 units per month during a single shift. Mirroring the rise in demand in the DTC market, Byrna is also experiencing increased B2B demand.

08:04 EST 60 Degrees Pharmaceuticals appoints Kristen Landon as CCO - 60 Degrees Pharmaceuticals has appointed Kristen Landon to the newly created role of Chief Commercial Officer, effective immediately. Most recently, Ms Landon served as Senior Vice President of Marketing and Communications at TherapeuticsMD.

08:02 EST Verisk Analytics launches generative AI tool in Discovery Navigator - Veris announced the launch of an automated generative artificial intelligence record summary capability in Discovery Navigator, one of the leading medical record review platforms for property and casualty claims professionals. The Discovery Navigator platform has already proven to be up to 90% faster than manual record review with up to 95% accuracy rates, allowing claims handlers to compile record summaries in a fraction of the time. The new generative AI auto-summary feature is designed to further simplify and accelerate the claims settlement process, allowing claims professionals to achieve efficient and accurate resolutions faster than ever before. Discovery Navigator's new auto-summary is built using Amazon Bedrock, a fully managed service from Amazon Web Services that makes foundation models from leading AI companies accessible via an API to build and scale generative AI applications. The auto-summary feature is designed to empower claims handlers of all skill levels to settle claims more efficiently. By automating the extraction and organization of key treatment data and medical information into a succinct summary, claims handlers can now identify and organize important bodily injury claims data faster than ever before, helping to facilitate more expedient settlements for their customers.

08:00 EST Workday, Insperity to develop HR solution for small and midsize businesses - Workday (WDAY) and Insperity (NSP) announced an exclusive strategic partnership and plans to jointly develop, brand, market, and sell a preeminent full service HR solution for small and midsize businesses.

07:51 EST Muddy Waters short Fairfax Financial - Muddy Waters' Carson Block is being interviewed on CNBC to discuss his short thesis on Fairfax Financial, which he claims is overstating book value.

07:49 EST Masco board boosts dividend 2% to 29c per share - Board declares a quarterly dividend of 29c per share, a 2% increase, payable on March 11 to shareholders of record on February 22...

07:47 EST Skeena Resources provides exploration update, 2024 outlook - Skeena Resources announced all drilling results from the 2023 exploration drilling program at the Eskay Creek Gold-Silver Project in the Golden Triangle of northwest British Columbia. Near Mine Exploratory Drilling: A total of 13 surface drillholes were completed in 2023 with the aim of following up on drill intersections discovered during the 2022 exploratory programs. Drilling in the vicinity surrounding the 22 Zone yielded new occurrences of footwall gold-silver mineralization highlighted by SK-23-1203, which intersected 19.87 g/t Au, 59.1 g/t Ag over 2.95 metres including 64.80 g/t Au, 132.0 g/t Ag over 0.85 metres and a second high grade interval averaging 21.10 g/t Au, 15.4 g/t Ag over 1.50 metres . Additional mineralization was identified 200 metres north of the 22 Zone by SK-23-1200 grading 0.63 g/t Au, 86.1 g/t Ag over 14.50 metres and 1.37 g/t Au, 7.6 g/t Ag over 5.00 metres . These new intersections are not expected to materially affect the existing open-pit Resources and Reserves in the 22 Zone. Regional Eskay Deeps Program: Discovery of new mineralization in 2022 at Eskay Deeps by exploratory drillhole SK-22-1081 prompted the 2023 Eskay Deeps Phase I exploration program. Completed in Q4 2023, the Phase I Deeps program was designed to test for additional high-grade Contact Mudstone mineralization in the down-dip extension of the Eskay Rift ~1,000 metres north of the current Eskay Creek Reserves. Targeting was supported by geological modelling and geophysical data, focusing on areas that were inadequately explored by previous operators. In total, 8 drillholes and 2 wedge branches were completed totalling 13,787 metres. To date, the Company has only tested an area of Contact Mudstone measuring 350 metres by 1,000 metres downdip of the main deposit with wide drill spacings in excess of 100 metres. Considerable exploration potential still exists in the Eskay Deeps as many prehistoric and modern day mineralized rift systems typically extend for tens of kilometres. All 2023 drillholes intersected anomalous trace mineralization in the Contact Mudstone. Additionally, 120 metres below the Contact Mudstone and hosted by footwall rhyolite breccias, 2023 drillhole SK-23-1182 intersected 3.92 g/t Au, 5.2 g/t Ag over 5.38 metres . SK-23-1182 is 50 metres from the discovery drillhole SK-22-1081, indicating that the mineralized hydrothermal system was still active in this area. Feeder zones similar to this typically have a high-grade expression at the Contact Mudstone, which is yet to be encountered in this area. By testing Eskay Deeps at widely spaced hole spacings, a wealth of new information was collected from the 2023 program which has yielded a refined interpretation of the Eskay Creek Rift Model at depth. The Rift Model will be further analyzed once combined with Skeena's proposed 2024 seismic survey. 2024 Seismic Survey: The Company is aiming to perform a surface based seismic survey in Summer 2024. It has been proven by previous operators that more conventional geophysical methods such as electromagnetics and induced polarization are unable to directly discern the Eskay Creek gold-silver mineralization. However, the Company is investigating the potential for a seismic survey to indirectly target mineralization by better defining the rift and Contact Mudstone at depth that is critical for hosting Eskay Creek style deposits. Additional Eskay Deeps drilling will be driven by the results of the seismic survey. 2024 Regional Exploration Plans: During H1 2024, Skeena will be finalizing a large airborne magnetics survey and data compilation for the new 74,633 hectare Hoodoo Project which was staked in October 2023. Remarkably, this ground was unclaimed mineral tenure with virtually no historical exploration despite possessing very high prospectivity for alkalic porphyry deposits. Alkalic gold-copper porphyry deposits in the cordillera of British Columbia typically rank as the higher-grade end members such as Galore Creek and New Afton. These specific deposits are attractive exploration targets based on their atypically high gold tenor. An accelerated exploration model will be employed in H2 2024 that judiciously ranks and ultimately culminates in drilling targets on the KSP and Hoodoo properties. The successes of the 2023 field program in discovering new gold-copper mineralization and increasing the geological understanding of the KSP and Hoodoo properties warrants augmented exploration in these areas. Overall, 14,000 metres has been budgeted for this regional program.

07:44 EST IntercontinentalExchange increases quarterly dividend 7% to 45c per share - Intercontinental Exchange announced board authorization of its first quarter dividend of 45c per share, up 7% from its previous 42c per share quarterly dividend in 2023. The first quarter cash dividend is payable on March 29 to stockholders of record as of March 15. The ex-dividend date is March 14.

07:42 EST D-Wave Quantum, Zapata Computing enter strategic partnership - D-Wave Quantum and Zapata Computing announced a multi-year strategic partnership to develop and bring to market commercial applications that combine the power of generative AI and quantum computing technologies. The partnership centers on joint technical development and commercial deployment of applications for customers faced with computationally complex problems. Using quantum-enabled machine learning algorithms, these applications will leverage the power of D-Wave's quantum technologies, which have been proven to perform coherent quantum annealing with 5,000+ qubits, pushing beyond the boundaries of what is possible with today's classical computers. The results of this collaboration will initially focus on building quantum generative AI models that accelerate the discovery of new molecules.

07:36 EST Base Carbon provides corporate update, 2024 outlook - Base Carbon provides a corporate update and the Company's outlook for 2024. 2023 Highlights and 2024 Outlook: Targeted to receive approximately 6 million carbon credits from the Vietnam household devices project, for anticipated offtake proceeds of approximately US$29.1 million, and approximately 2.1 million carbon credits from the Rwanda cookstoves project in 2024. Receipt of approximately 1.1 million carbon credits and aggregate proceeds from the disposition of such credits of approximately $6.4 million, or C$0.072 per share, in 2023. Rwanda cookstoves project received Verra's first ever corresponding adjusted or "Article 6 Authorized Label" in December 2023. Execution of high quality nature-based carbon removal project agreement in August 2023, with approximately 4.7 of 6.5 million trees having been planted to date and project registration with Verra on track for end of 2024. Execution of a Letter of Intent for a partnership with STX during December 2023, to establish and launch an innovative fund for institutional investors to participate in offtake supported high quality carbon removal projects.

07:33 EST S&P Global sees FY24 CapEx $165M-$175M - In addition to the above, the company expects 2024 cash provided by operating activities, less capital expenditures and distributions to noncontrolling interest holders, of approximately $4.1B. The company expects adjusted free cash flow, excluding certain items, of approximately $4.4B.

07:32 EST Amedisys offers advanced molecular testing to care centers - Amedisys is now offering advanced molecular testing to its care centers nationwide. This innovative collaboration with Patient Choice Laboratories utilizes molecular testing for the swift and precise identification of pathogens in urine, respiratory and wound infections. By leveraging the latest in diagnostic technology, Amedisys aims to improve the quality of infection testing, ultimately facilitating better patient care and outcomes. Advanced molecular testing revolutionizes the diagnosis and management of infections, as it delivers rapid and precise results, ultimately enabling quicker initiation of appropriate treatment interventions. With improved accuracy, sensitivity and specificity, molecular testing significantly enhances the ability to identify infectious pathogens, supporting timely and targeted care strategies.

07:21 EST Clean Energy's RNG digester at Tri-Cross Dairy begins production - Clean Energy announced the successful completion and operational launch of its latest renewable natural gas - RNG - production facility at Tri-Cross Dairy in Viborg, South Dakota. The new RNG facility sits on a 5,000-cow dairy farm and is forecasted to produce 1 million gallons annually of negative carbon-intensity RNG. The construction costs of the RNG production facility, which includes the build of digesters and processing plant, totaled $34M and was completed in December 2023. The injecting of pipeline quality RNG began shortly after completion. Clean Energy is in process of filing the necessary applications to generate federal and state environmental credits. Financing for the Tri-Cross Dairy project is backed by one of Clean Energy's RNG production joint ventures and developed by Dynamic Renewables. The facility is one in a series of projects in the Midwest for which the companies have partnered together.

07:18 EST Hollysys acquisition by Ascendent receives shareholder approval - Hollysys announced the voting results of the Extraordinary General Meeting of Ascendent Capital Partners, a private equity investment management firm managing assets for global institutional investors. The EGM concluded with the overwhelming majority of Hollysys shareholders approving all resolutions, including the resolution pursuant to which Ascendent will acquire all outstanding shares of Hollysys that it does not currently own for $26.50 per share in cash.

07:17 EST Interpublic Group board increases quarterly dividend 6% to 33c per share - Interpublic Group announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 15, 2024, to holders of record at the close of business on March 1, 2024. The increase in the dividend from $0.31 to $0.33 per share represents a six percent increase to the Company's quarterly dividend.

07:15 EST Aurora acquires remaining 90% equity interest of Indica Industries for A$50M - Aurora Cannabis announced that a wholly-owned subsidiary of the company has acquired the remaining approximately 90% equity interest of Indica Industries, or MedReleaf Australia, that Aurora did not previously own, at an enterprise value of A$50M, subject to customary adjustments. Aurora paid A$9.45M in cash with the balance of the purchase price satisfied by the issuance of common shares of Aurora. As consideration, Aurora issued the selling shareholders an aggregate of approximately 69.5M Aurora Shares and paid the selling shareholders A$9.45M in cash, subject to customary adjustments post-closing. Approximately 10% of the consideration will be held in escrow to ensure certain obligations of the selling shareholders.

07:14 EST Cumulus Media's Westwood One to present Super Bowl LVIII coverage - Cumulus Media's Westwood One will present comprehensive live coverage and play-by-play of Super Bowl LVIII on Sunday, February 11, 2024, when the AFC champion Kansas City Chiefs meet the NFC champion San Francisco 49ers at Allegiant Stadium in Las Vegas, Nevada. Super Bowl LVIII will be the 51st time Westwood One will broadcast America's biggest sporting event.Kevin Harlan will handle play-by-play duties for the Super Bowl for the 14th straight year, with Super Bowl XXXIV MVP and Hall of Fame quarterback Kurt Warner returning for the sixth consecutive year as lead analyst. Dean Blandino will also join the radio broadcast booth as rules analyst for this year's Super Bowl. For the fifth time, Laura Okmin will patrol the sidelines, along with former defensive lineman Mike Golic, who returns for his third Super Bowl with Westwood One's broadcast crew. Scott Graham and three-time Super Bowl champion Devin McCourty will host Westwood One's pregame, halftime, and postgame coverage live from Allegiant Stadium, with Devin's twin brother and fellow Super Bowl champion Jason McCourty and former NFL offensive lineman Ross Tucker also contributing to the pregame coverage.

07:12 EST MiX Telematics selected by Transport for Greater Manchester - MiX Telematics announced that Transport for Greater Manchester - TFGM - has appointed MiX to enhance fleet safety, efficiency and sustainability. Transport for Greater Manchester is a local government body responsible for co-ordinating transport services throughout Greater Manchester in North West England. The partnership will equip the full bus fleet of nearly 2,000 vehicles with MiX Telematics' SaaS solution, in-cab driver feedback and integration.

07:11 EST Foghorn Therapeutics says Lilly selects FHD-909 for clinical development - Foghorn Therapeutics (FHTX) announced that Lilly (LLY) has selected FHD-909, a first-in-class oral BRM selective inhibitor, for clinical development. Lilly plans to file an IND for FHD-909 in Q2 2024. The primary target patient population is BRG1 mutated non-small cell lung cancer. Selective BRM inhibition has been a sought-after objective in cancer research for many years. A variety of tumor types, including NSCLC, are known to have mutations in BRG1, which we believe make them dependent on BRM activity for their survival. Selective blocking of BRM activity is considered a promising strategy for causing tumor cell death while sparing healthy cells. In December 2021, Foghorn announced a strategic collaboration with Lilly to create novel oncology medicines. The collaboration includes a US 50/50 co-development and co-commercialization agreement for Foghorn's Selective BRM oncology program and an additional undisclosed oncology target. In addition, the collaboration includes three discovery programs using Foghorn's proprietary Gene Traffic Control platform. The Companies plan to present preclinical data at upcoming scientific conferences.

07:10 EST Ionis Pharmaceuticals: FDA grants Fast Track designation to eplontersen - Ionis Pharmaceuticals (IONS) announced that the U.S. FDA has granted Fast Track designation to Ionis and AstraZeneca's (AZN) eplontersen, an investigational therapy for the treatment of transthyretin-mediated amyloid cardiomyopathy in adults.

07:08 EST Plug Power cryogenic trailers leave Tennessee plant for customer deliveries - Plug Power announces that Plug cryogenic trailers filled with liquid hydrogen are being deployed from its recently commissioned Tennessee hydrogen production plant for customer deliveries. The achievement comes two days following the official commencement of operations at the Charleston, TN production plant and is already servicing east coast pedestal customers, including Walmart, Home Depot and others. "Plug is deploying hydrogen production plants at a pace and scale unmatched by others in our sector," said Andy Marsh, CEO of Plug Power. "Unlike anyone else in the industry, Plug's energy business spans cryogenic equipment, liquefaction, hydrogen and electrolyzers. Proving the viability of these solutions, a goal previously only within the reach of traditional industrial gas companies, signals a new era for the hydrogen industry, led by Plug."

07:07 EST Akoustis achieves Wi-Fi 7 design win, volume orders for two new programs - Akoustis Technologies announced that multiple narrowband and wideband patented XBAW filters are being designed into two new programs with an enterprise Wi-Fi access point solutions provider. Multiple narrowband and wideband XBAW filters will be employed in a company's new suite of leading 4x4 and 2x2 multi-user, multiple-in-multiple-out Wi-Fi 7 AP routers. The utilized filters span the frequency ranges of 5 to 7 GHz meeting the stringent coexist requirements covering full U-NII 1 to 4 and U-NII 5 to 8. Akoustis has received volume orders from the customer for supporting the development and leading to production ramp in the second half of the calendar year 2024. Jeff Shealy, founder and CEO of Akoustis, stated, "We are excited to incorporate our patented XBAW(R) RF filters into a new line of cutting-edge routers with a current Tier-1 enterprise Wi-Fi provider." Mr. Shealy continued, "The Company provides a complete set of narrowband and wideband XBAW(R) filters to enable disruptive performance in new Wi-Fi 7 enterprise solutions."

07:06 EST Aurora Cannabis provides Q4 guidance - In fiscal Q4 2024, the company expects revenue from Canadian medical and consumer segments to be steady quarter over quarter, while Europe and Australia should provide modest growth in their regions. For plant propagation, we expect to see seasonally higher revenues and gross profit that should be in-line with historical performance in the comparable prior year period. Revenue increases combined with ongoing cost control are expected to result in continued positive Adjusted EBITDA in Q4 2024. Aurora's achievement of significant and sustainable operating cost and SG&A reductions has now resulted in five consecutive quarters with positive adjusted EBITDA. Continuing growth in positive adjusted EBITDA paves the path towards positive free cashflow in calendar year 2024.

07:02 EST Harley-Davidson sees FY24 HDMC revenue flat to down 9% - For the full year 2024, the company expects: HDMC: revenue flat to down 9% and operating income margin of 12.6% to 13.6%. HDFS: operating income flat to up 5%. LiveWire: electric motorcycle unit sales of 1,000 to 1,500 and operating loss of $115 to $125 million. Harley-Davidson, Inc: capital investments of $225 to $250 million.

06:55 EST Tempur Sealy comments on pending Mattress Firm transaction - Company chairman and CEO Scott Thompson commented, "Regarding the pending Mattress Firm transaction, we certified compliance with the Federal Trade Commission's second request in the fourth quarter of 2023 and expect the transaction to close in the second half of 2024. Both Tempur Sealy and Mattress Firm continue to make joint progress in integration planning, including the signing of post-closing supply agreements with numerous companies providing Mattress Firm product. These agreements provide access post-closing to certain consumer-desired products, solidifying important supplier relationships. Additional discussions regarding post-closing supplier relationships are ongoing. Overall, we are optimistic about Tempur Sealy's future and look forward to welcoming Mattress Firm into the organization later this year."

06:52 EST The Buckle reports January SSS down 17.4% - The Buckle announced that comparable store net sales, for stores open at least one year, for the 5-week period ended February 3, 2024 decreased 17.4 percent from comparable store net sales for the 5-week period ended February 4, 2023. Net sales for the 5-week fiscal month ended February 3, 2024 increased 4.5 percent to $72.6 million from net sales of $69.4 million for the prior year 4-week fiscal month ended January 28, 2023. Comparable store net sales for the 14-week fourth quarter ended February 3, 2024 decreased 9.6 percent from comparable store net sales for the 14-week period ended February 4, 2023. Net sales for the 14-week fiscal fourth quarter ended February 3, 2024 decreased 4.8 percent to $382.4 million compared to net sales of $401.8 million for the prior year 13-week fiscal fourth quarter ended January 28, 2023.

06:44 EST Advanced Drainage declares quarterly dividend of 14c per share - A 17% increase over the prior year dividend amount. The quarterly cash dividend of 14c per share will be paid on March 15 to shareholders of record at the close of business on March 1.

06:34 EST ITT raises quarterly dividend 10% to 31.9c per share - Board of Directors approved the cash dividend for the first quarter of 2024, which will be payable on April 1 to shareholders of record as of the close of business on March 8.

06:26 EST Parsons awarded $48M task order on U.S. Army's RS3 contract - Parsons announced that the company was awarded a $48M task order on the U.S. Army's Responsive Strategic Sourcing for Services contract to support the software development lifecycle for command and control applications. The new contract will have a one-year base period with two one-year option periods and expands the company's support to the U.S. Army's RS3 mission.

06:04 EST Musk says willing to give legal support to people who want to sue Disney - Tesla (TSLA) CEO Elon Musk is soliciting people who want to sue Disney (DIS) for discrimination and says he is willing to help pay for their cases, Musk said in a post on X, which he owns. Reference Link

05:55 EST Spirit Airlines provides update on JetBlue merger agreement - The company said, "On October 19, 2022, Spirit (SAVE) stockholders voted to approve the Agreement and Plan of Merger (the "Merger Agreement"), among Spirit, JetBlue Airways Corporation (JBLU) and Sundown Acquisition Corp., a direct, wholly owned subsidiary of JetBlue, which was entered into on July 28, 2022. The completion of the transaction is subject to customary closing conditions, including receipt of required regulatory approvals. Spirit and JetBlue expect to conclude the regulatory process and close the transaction no later than the first half of 2024. On March 7, 2023, the U.S. Justice Department filed suit to block the merger. The trial for the lawsuit began on October 31, 2023 in the U.S. District Court for the District of Massachusetts (the "Court") and concluded on December 5, 2023. On January 16, 2024, the Court granted a injunction against the Merger (the "Injunction"). On January 19, 2024, Spirit and JetBlue filed a notice of appeal and to reverse the Injunction and allow Spirit and JetBlue to complete the Merger. On February 2, 2024, the Court of Appeals granted our motion, stating it would hear arguments in June 2024."

05:36 EST Recurrent secures Microsoft as customer for 127 MW solar project in Louisiana - Recurrent Energy, a subsidiary of Canadian Solar (CSIQ) and a global developer and owner of solar and energy storage assets, announced this week that it has secured $160M in project financing for its 127 MWdc Bayou Galion Solar project, located in Morehouse Parish in Northeast Louisiana. The project is currently under construction and is expected to be operational by fall 2024. Microsoft (MSFT) will purchase 100% of the energy and renewable energy credits produced by Bayou Galion Solar to support its goal to be carbon negative by 2030. The project will significantly expand the amount of renewable energy capacity installed in Louisiana. At the end of September 2023, Louisiana had 145 MW of operating wind, solar, and energy storage capacity. Mitsubishi UFJ Financial Group acted as Coordinating Lead Arranger for the financing.

05:13 EST Diamond Offshore executes two-year contract extension with BP subsidiary - Diamond Offshore (DO) announced that it has executed a two-year contract extension with a subsidiary of BP (BP) in the U.S. Gulf of Mexico for the Ocean BlackLion, commencing in September in direct continuation of the rig's current contract. This contract extension represents approximately $350M dollars of additional backlog. Additionally, the company has entered into a drilling contract with Serica Energy to utilize the Ocean Patriot for two plug and abandonment wells in the U.K. North Sea. The program is estimated to commence in March and to continue for approximately 60 days. The contract represents over $10M of additional backlog, excluding mobilization.

05:06 EST Joby Aviation receives Part 145 Repair Station Certificate from FAA - Joby Aviation announced it has received its Part 145 Repair Station Certificate from the FAA, qualifying the Company to perform select maintenance activities on aircraft and marking another key step on the path to commercializing Joby's electric air taxi service.