Stockwinners Market Radar for February 13, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

LCW

Hot Stocks

21:49 EST Learn CW Investment extends period to consummate initial business combination - Learn CW Investment, a special purpose acquisition company, announced that it has further extended the period of time the Company will have to consummate its initial business combination by an additional one month from February 13, 2024 to March 13, 2024 through the timely deposit of an aggregate of $150,000 into the Company's trust account.
MITK

Hot Stocks

20:22 EST Mitek Systems discloses Nasdaq listing notice - Mitek Systems "reported that it received an additional Staff Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company that the Company is not in compliance with Nasdaq Listing Rule 5250(c), as a result of the Company's failure to file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2023 in a timely manner, which serves as an additional basis for delisting the Company's securities from Nasdaq. The Company remains delinquent in filing its Form 10-K for the year ended September 30, 2023. The Rule requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission. The Company previously reported in Forms 12b-25 filed with the SEC on December 15, 2023 and February 9, 2024, that the Company was unable to file the Form 10-K and Form 10-Q within the prescribed time period without unreasonable effort or expense. In response to the Staff Determination, the Company intends to file the Form 10-K and Form 10-Q as promptly as possible in order to regain compliance with the Rule."
ACHR

Hot Stocks

20:09 EST Cathie Wood's ARK Investment bought 813K shares of Archer Aviation today
RXRX

Hot Stocks

20:07 EST Cathie Wood's ARK Investment bought 519K shares of Recursion Pharmaceuticals
CRSP

Hot Stocks

20:07 EST Cathie Wood's ARK Investment bought 280K shares of Crispr Therapeutics today
DTIL

Hot Stocks

19:50 EST Precision BioSciences trading halted, news pending
VRM

Hot Stocks

19:50 EST Vroom trading halted, news pending
EJH

Hot Stocks

19:50 EST E-Home Household Service Holdings Ltd trading halted, news pending
FCPT

Hot Stocks

19:45 EST Four Corners Property Trust acquires Baptist Medical property for $9.7M - Four Corners Property Trust is pleased to announce the acquisition of a Baptist Medical Group primary care property for $9.7 million. Baptist Medical Group's parent company, Baptist Memorial Health Care, was founded in 1912 and is one of the largest not-for-profit healthcare systems in the United States. The property is located in a highly trafficked corridor in Tennessee and is corporate-operated under a long-term, triple net lease with approximately 10 years of term remaining. The transaction was priced at a 6.9% cap rate on rent as of the closing date and exclusive of transaction costs.
VFC

Hot Stocks

19:45 EST VF Corp. aligns with Engaged Capital, names Caroline Brown to board - VF Corp. announced the appointment of Caroline Brown to the company's Board of Directors, effective February 14, 2024. This appointment follows constructive engagement with VF's shareholders, including Engaged Capital, LLC. VF also intends to appoint to the Board another independent director in the near term mutually agreed with Engaged Capital, and will give priority to considering the candidates who have been identified by Engaged Capital. VF expects Ms. Brown and the Additional Director will be nominated at VF's 2024 Annual Meeting of Shareholders and at the conclusion of the Annual Meeting, VF's Board will comprise 13 directors, including no more than 11 of VF's current directors.
TMHC

Hot Stocks

19:06 EST Taylor Morrison director sells $1.87M in common stock - In a regulatory filing, Taylor Morrison disclosed that its director William Lyon sold 33.4K shares of common stock on February 12th in a total transaction size of $1.87M.
ABT

Hot Stocks

18:54 EST Abbott announces FDA voted in favor of its TriClip System - Abbott announced that the Circulatory System Devices Panel of the Medical Devices Advisory Committee for the FDA confirmed 13 to 1, with 0 abstention that the benefits of Abbott's TriClip transcatheter edge-to-edge repair, or TEER, system outweighed the risks for the treatment of people with tricuspid regurgitation, or TR. The panel's decision was based on clinical data from the TRILUMINATE pivotal trial, as well as expert testimony. The panel's vote will be considered by the FDA when making a decision regarding the approval of TriClip, a first-of-its-kind minimally invasive device specifically designed to treat the difficult-to-access tricuspid valve. The tricuspid valve controls blood as it flows from the heart's right atrium to the right ventricle. TR occurs when the valve doesn't close properly, causing a leak and allowing blood to flow backward in the heart. For those who continue to have symptoms or persistent TR despite treatment with medical therapy and are not considered good candidates for surgery, TriClip represents a potentially new option that can improve a person's quality of life. Delivered through a vein in the leg, TriClip's TEER technology works by clipping together a portion of the leaflets - or flaps of tissue - to repair the tricuspid valve and help blood flow in the right direction without the need for open-heart surgery. After reviewing data from Abbott's TRILUMINATE pivotal trial and listening to testimony, the panel voted on the device's safety, effectiveness and risk/benefit profile as a treatment for TR. On the question of whether there is enough data to support the safety of the device, the vote was 14 to 0 in favor. On the separate question of whether there is reasonable assurance that the device is effective, the vote was 12 to 2 in favor. On the final question of the benefit of TriClip versus the risk, the vote was 13 to 1 in favor.
PARA PARAA

Hot Stocks

17:56 EST CBS Sports' coverage of Super Bowl LVIII was most-watched telecast in history - Yesterday, Paramount reported that CBS Sports' coverage of SUPER BOWL LVIII, which featured the Kansas City Chiefs' 25-22 overtime victory over the San Francisco 49ers, delivered the most-watched telecast in history with a Total Audience Delivery of 123.4 million average viewers across all platforms, including the CBS Television Network, Paramount+, Nickelodeon, Univision, and CBS Sports, Univision and NFL digital properties, including NFL+. Viewership figures are based on Nielsen Fast National data and Adobe Analytics. Super Bowl LVIII is the most-watched program ever, averaging 123.4 million viewers across all platforms, up +7% vs. last year's Super Bowl which was the previous record (115.1 million). More than 200 million viewers (202.4) watched all or part of Super Bowl LVIII across networks, the highest unduplicated total audience in history and up +10% vs. last year's Super Bowl (184 million).
ES

Hot Stocks

17:48 EST Eversource announces sales agreement with Global Infrastructure Partners - Eversource Energy announced it has executed a definitive agreement to sell its 50% ownership share in South Fork Wind and Revolution Wind to Global Infrastructure Partners, or GIP. The transaction allows Eversource to realize approximately $1.1B of cash proceeds upon closing and to exit these projects while retaining certain cost sharing obligations for the construction of Revolution Wind. These cost sharing obligations provide that Eversource would share equally with GIP in GIP's funding obligations for up to approximately $240M of incremental capital expenditure overruns incurred, after which GIP's obligations for any additional capital expenditure overruns would be borne by Eversource consistent with the existing joint venture terms. In addition, around the time of commercial operation of Revolution Wind and closing for South Fork Wind, Eversource's financial exposure will be adjusted after taking into account the updated project economics. Commercial operation of Revolution Wind is expected in 2025. Since South Fork Wind is expected to enter service before the transaction closes, Eversource's financial ties to South Fork Wind, other than as a tax equity partner, are expected to largely be resolved at closing. Eversource plans to use the proceeds from this sale to repay parent debt. The agreement covers Eversource's 50% share in the 132-megawatt South Fork Wind project and the 704-megawatt Revolution Wind project. Orsted's 50% ownership interests are not affected by today's announcement. Eversource is expected to enter into a separate construction management agreement as a contractor to Revolution Wind to complete the onshore work that is currently underway. Eversource will maintain its previously announced tax equity investment in South Fork Wind.
QDEL

Hot Stocks

17:34 EST QuidelOrtho falls 30% to $46.50 after Q4 results, FY24 guidance miss estimates
APO

Hot Stocks

17:32 EST Apollo Global exec sells $16.37M in common stock - In a regulatory filing, Apollo Global disclosed that its co-president James Zelter sold 150K shares of common stock on February 12th in a total transaction size of $16.37M.
QDEL

Hot Stocks

17:29 EST QuidelOrtho says Q4 results 'not as expected' - Says misjudged Flu and Covid-19 market. Says "actively evaluating" real estate footprint and plans to consolidate facilities in U.S. Says could reduce headcount by 5%-6%. Sees $30M-$50M of Savanna respiratory revenue in 2024, primarily in Q4. Expects FY24 R&D to be flat at approximately 8% of revenue. Sees FY24 adjusted EBITDA $565M-$720M. Comments taken from Q4 earnings conference call.
QDEL

Hot Stocks

17:07 EST QuidelOrtho expects FY24 Labs business growth mid-to-high single digits - Says Flu market is expected to be between 40M-60M tests. Expects Savanna instrument placements of ~1,000. SG&A is expected to approximate the 2023 exit rate. Sees FY24 non-respiratory revenue $2.3B-$2.34B, respiratory revenue $460M-$730M. Comments taken from investor presentation slides.
LYFT

Hot Stocks

17:02 EST Lyft corrects FY24 EBITDA margin outlook, sees 50bps expansion - In a Q4 earnings call, the company clarifies that it sees 50bps in EBITDA margin expansion rather than 500bps stated in its Q4 earnings press release, noting: "So if you look at our full year performance of 2023 at 1.6%, you can translate that into approximately 2.1%."
VRTX

Hot Stocks

17:01 EST Vertex Pharmaceuticals COO Arbuckle sells over $1.8M in shares - Vertex Pharma COO Stuart Arbuckle disclosed in a regulatory filing that he had sold 4,295 shares of stock at $420.24 per share on February 12 for a total transaction amount of $1,804,931.
WAFD

Hot Stocks

17:00 EST WaFd raises quarterly dividend to 26c per share - The board of directors of WaFd announced an increase to the regular quarterly cash dividend to 26c per share. The dividend will be paid March 8, 2024, to common shareholders of record as of February 23, 2024. This will be the company's 164th consecutive quarterly cash dividend.
INCR

Hot Stocks

16:50 EST InterCure provides update on Nir Oz facility in Israel - InterCure provided an additional update regarding the status of its facility in Kibbutz Nir Oz in Israel. The company said, "Since October 7, 2023, war situation was declared by the Israeli government. As of this date, there is limited access to the Southern Israel Site, and parts of the site are being used by the Israel Defense Forces (the "IDF"), including, among others, the IDF's medical corps. The Company has begun the process of restoring the Southern Israel Site, and the restoring efforts are advancing according to its plans. In addition, the Company is working diligently with the Israeli authorities to obtain full compensation for the damages caused by the terrorist attack and the war in Gaza. The Company believes, with high certainty, that it will be entitled for compensation from the Israeli Governmental authorities for all direct and indirect damages suffered, as stated in the Company's press release issued on October 17, 2023. With the leadership position in the medical cannabis market and years of operations with the community of Kibbutz Nir-Oz, the Company is committed to restore and further develop the Southern Israel Site. The Company is also committed to support patients' communities especially, patients living in affected and evacuated areas, casualties and IDF veterans. Bringing relief is our mission statement. Intercure is thankful to its managers and employees for their commitment and to its strategic partners in Israel and worldwide who stand with us in this war time. The Company intends to file preliminary results for the second half of 2023 and for its full year of 2023 through the beginning of March, and to file its full financial results for 2023 during April 2024."
LYFT

Hot Stocks

16:49 EST Lyft says it saw positive free cash flow in Q4 for second time ever - Says insurance-related cash payments, accruals expected to be more balanced than in previous years. Says quarterly free cash flow trends will vary.
SANA

Hot Stocks

16:47 EST Sana Biotechnology publishes HIP-modified pancreatic islet cells data - Sana Biotechnology announced that Cell Stem Cell has published a paper titled "Hypoimmune islets achieve insulin independence after allogeneic transplantation in a fully immunocompetent non-human primate." The paper evaluated a transplant of Sana's engineered allogeneic, hypoimmune, or HIP-modified pancreatic islet cells into a fully immunocompetent, diabetic non-human primate, or NHP. These modified islet cells, which cluster into effective endocrine organoids, are termed "pseudo islet grafts". The results demonstrated that the HIP-modified p-islets engrafted following intramuscular injection and provided stable endocrine function, enabling insulin independence in the absence of immunosuppression. The transplant setting was purposely designed to be a high immunological bar by maximizing the donor-to-recipient mismatch. Diabetes mellitus was chemically induced in the recipient as shown by the development of major blood glucose instability and the need for daily insulin injections to control blood sugar. Following stabilization of glucose with insulin treatment, the diabetic NHP underwent transplantation of the HIP p-islets without any induction or maintenance immunosuppression and the administration of insulin was tapered to zero over the course of nine days. Rapidly following HIP p-islet transplantation, the diabetic NHP recipient showed tightly controlled blood glucose levels, was completely insulin-independent, continuously healthy, and exhibited no physical or behavioral abnormalities for the six-month study duration. C-peptide levels, which are a marker for endogenous insulin production and release, reached the normal levels observed prior to induction of diabetes. Furthermore, there was no indication that the allogeneic HIP p-islet graft induced any immune recognition or any type of immune response at any time. To demonstrate that there was no regeneration or recovery of an endogenous islet cell population in the diabetic NHP, HIP p-islets were eliminated using an anti-CD47 antibody. The antibody blocked the protective CD47 signal and triggered a "missing self" innate immune cell response that led to the rapid destruction of the HIP p-islet graft. Following the anti-CD47 treatment, blood glucose levels in the diabetic NHP began to fluctuate and increase markedly, and insulin injections needed to be resumed. It was thus demonstrated that the tightly controlled blood glucose levels and insulin independence was entirely due to well-functioning HIP p-islets.
GAN SGAMY

Hot Stocks

16:46 EST Gan Limited holders approve Sega Sammy merger proposal - Gan Limited (GAN) announced that, at a special general meeting of its shareholders held on February 13, 2024, Gan shareholders overwhelmingly approved the previously announced merger agreement and merger of Gan and a subsidiary of Sega Sammy Creation, an affiliate of Sega Sammy Holdings (SGAMY). Over 95% of the votes cast voted in favor of the approval of the merger agreement and the merger. Approximately 51% of GAN's issued ordinary shares as of the close of business on January 2, 2024, the record date for the meeting, were represented at the meeting. Shareholders also approved, on a non-binding advisory basis, the compensation that may be paid or become payable to GAN's named executive officers in connection with the merger. The final voting results will be reported on a Form 8-K filed with the SEC by GAN with respect to the special shareholder meeting. The closing of the merger is expected to occur in late 2024 or early 2025, subject to the satisfaction or waiver of certain conditions to closing, including the approval of the merger and change in control of GAN by certain gaming authorities. If the merger is completed, each GAN ordinary share issued immediately prior to the effective time of the merger will be automatically cancelled and converted into the right to receive $1.97 in cash with respect to each such ordinary share, without interest and less applicable withholding taxes.
CDXS

Hot Stocks

16:42 EST Codexis enters $40M loan facility agreement with Innovatus - Codexis announced it has entered into a loan facility agreement with an affiliate of Innovatus Capital Partners for up to $40M, including $30M upfront and access to an additional $10M upon achieving certain prespecified revenue thresholds. This loan facility reinforces Codexis' cash position and provides additional flexibility to its projected runway through cash-flow positive around the end of 2026. Following the closing of the term loan agreement, Codexis retained approximately $29M in net proceeds from the first tranche. The loan carries an interest-only period of 36 months and a total term of 60 months.
LYFT

Hot Stocks

16:41 EST Lyft says ended 2023 'healthier and stronger' - Says has seen double digit increases in driver referrals in many markets. Says 2023 was a year of "strong accomplishments" at the company. Says prioritizing operational excellence, seeing "great" results. Says ended the year "healthier and stronger." Comments taken from Q4 earnings conference call.
KTOS

Hot Stocks

16:40 EST Kratoswins $579M single award IDIQ for Space Force SATCOM C2 System - Kratos Defense & Security Solutions announced that it is the single recipient for the Command and Control C2 System Consolidated CCS-C Sustainment and Resiliency C-SAR indefinite-delivery/indefinite-quantity IDIQ contract with a maximum value of $579M, if all options are exercised. The start date is December 1 with options going to May 31, 2032. Future task/delivery orders will be issued to support operations, sustainment, or enhancements of the CCS-C and related systems.
AMZN

Hot Stocks

16:39 EST Amazon executive chair Bezos sells $2.08B worth of common shares - In a regulatory filing, Amazon executive chair Jeff Bezos disclosed the sale of $2.08B worth of common shares in multiple transactions dated between February 9 and February 12.
CPB SOVO

Hot Stocks

16:38 EST Campbell Soup, Sovos certify substantial compliance with second FTC request - Campbell Soup (CPB) and Sovos Brands (SOVO) announced that both companies have certified substantial compliance with the Request for Additional Information and Documentary Materials issued by the Federal Trade Commission, or FTC, regarding Campbell's proposed acquisition of Sovos Brands. The certification of substantial compliance triggers the start of a 30-day waiting period which is expected to expire on March 11 after which the sale can be finalized. Subject to the satisfaction or waiver of customary closing conditions, the companies expect to complete the transaction within days of the March 11 expiration date.
EQT

Hot Stocks

16:37 EST EQT Corporation sees FY24 maintenance CapEx $1.950B-$2.050B - Sees FY24 total sales volume of 2,200Bcfe-2,300Bcfe. The Company also plans to spend $200M-$300M on strategic growth capital expenditures, which targets opportunistic, high-return water, midstream and other infrastructure and land opportunities. During 2024, the Company plans to turn-in-line (TIL) 110 - 140 net wells, including 22 - 36 net wells expected to TIL in the Q1 of 2024. Total sales volume in the Q1 is expected to be 525 - 575 Bcfe, which includes the impact of 10 - 15 Bcfe of lower sales volume due to non-operated midstream constraints. Inclusive of the Company's advantaged hedge position, the Company estimates a 2024 NYMEX Henry Hub free cash flow breakeven price of ~$2.20 per MMBtu.
CPB SOVO

Hot Stocks

16:35 EST Campbell, Sovos certify substantial compliance with second FTC request - Campbell Soup Company (CPB) and Sovos Brands, Inc. (SOVO) announced that both companies have certified substantial compliance with the Request for Additional Information and Documentary Materials issued by the Federal Trade Commission regarding Campbell's proposed acquisition of Sovos Brands. The certification of substantial compliance triggers the start of a 30-day waiting period which is expected to expire on March 11, 2024, after which the sale can be finalized. Subject to the satisfaction or waiver of customary closing conditions, the companies expect to complete the transaction within days of the March 11, 2024 expiration date. "We're excited to be one step closer to completing the acquisition and welcoming the talented Sovos Brands employees to Campbell's team," said Campbell's President and CEO Mark Clouse. "The Sovos Brands portfolio strengthens our Meals & Beverages division, and paired with our fast-growing Snacks division, will create one of the best portfolios in the industry and make Campbell one of the most dependable, growth-oriented names in food."
WELL

Hot Stocks

16:35 EST Welltower to form long-term strategic partnership with Affinity - Welltower announced that it plans to form a long-term strategic partnership with Affinity Living Communities, a vertically integrated developer and operator of age-restricted and age-targeted Wellness Housing. Welltower is under contract to acquire a portfolio of 25 purpose-built active adult communities for $969M through a privately negotiated, off-market transaction and also expects to enter into a long-term programmatic development agreement with Affinity. The portfolio encompasses nearly 3,900 units predominately concentrated in the Pacific Northwest. The acquisition will enable Welltower to strategically scale the geographic reach of its Wellness Housing portfolio into markets with a projected 5-year 55+ population growth more than 2.5 times higher than the U.S. average. Post-closing, the portfolio will continue to be managed by Affinity subject to a terminable and aligned management contract. The acquisition is expected to be funded through cash on hand and the assumption of $523M of below-market rate debt with an average interest rate of 3.8% and a nine-year weighted average maturity. The implied purchase price of approximately $249,000 per unit, which doesn't allocate any value to the below-market debt, represents a significant discount to replacement cost for a highly amenitized portfolio with an average age of less than eight years. The transaction is expected to close in tranches over the next several months with timing dependent on property-level loan assumption approvals.
UPST

Hot Stocks

16:35 EST Upstart Holdings trading resumes
GVA

Hot Stocks

16:31 EST Granite awarded final construction option in Denali National Park for $112M - Granite "successfully finished preconstruction services and, on February 1, 2024, was awarded the final $112 million construction option for the Polychrome Area Improvements Construction Manager/General Contractor project by the Federal Highway Administration in Denali National Park, Alaska. This last construction award completes the scope of work the National Park Service has planned for the project. The combined value of all awarded options is $207,791,533."
HOOD

Hot Stocks

16:28 EST Robinhood jumps 15% to $13.60 after Q4 earnings beat
LYFT

Hot Stocks

16:27 EST Lyft surges 36% to nearly $17 after Q4 report
CART

Hot Stocks

16:26 EST Instacart raises share repurchase authorization to $1B - On February 9, the Board approved an increase to the company's previously announced share repurchase program, authorizing the purchase of up to an aggregate of $1B of the company's common stock, up from the $500M authorized by the Board in November 2023. Approximately $430M of capacity was remaining under the Previous Share Repurchase Program prior to the increase. The Share Repurchase Program has no expiration date.
TFIN

Hot Stocks

16:24 EST Triumph Financial appoints Michelle Holmes EVP CMO - Triumph Financial announced the appointment of Michelle Holmes as executive vice president, chief marketing officer or CMO. In her position, Michelle will oversee corporate marketing and communication to elevate and drive growth for Triumph Financial and across its three brands: TriumphPay, Triumph, and TBK Bank. She will report directly to Ed Schreyer, chief operating officer of Triumph Financial.
ABNB

Hot Stocks

16:22 EST Airbnb announces new $6B share buyback authorization - Airbnb said: "Our strong cash flow enabled us to repurchase $750 million of our Class A common stock in Q4 2023. Share repurchases during the full year 2023 totaled $2.25 billion, and we reduced our fully diluted share count from 694 million at the end of Q4 2022 to 676 million at the end of Q4 2023. Since we announced our first share repurchase program in 2022, we have repurchased a total of $3.75 billion of Class A common stock. As of December 31, 2023, we had $750 million remaining under our prior program and today, we're announcing a new share repurchase program with authorization to purchase up to $6 billion of our Class A common stock."
CART

Hot Stocks

16:22 EST Instacart COO Asha Sharma to resign - On February 9, 2024, Asha Sharma informed the Company of her decision to resign from her position as Chief Operating Officer of the Company, effective March 1, 2024. The Company does not plan to hire or appoint a new Chief Operating Officer at this time.
CART

Hot Stocks

16:21 EST Instacart announces restructuring plan, 7% workforce reduction - On February 9, the Board of Directors of the Company approved restructuring actions with respect to its workforce to improve operational efficiencies and better align the Company's organizational structure with current business needs, top strategic priorities, and key growth opportunities. The Restructuring Plan includes a reduction of approximately 250 employees, representing approximately 7% of the Company's global workforce as of January 31, 2024, with most of these reductions expected to occur by March 31, 2024. Any local separations will be determined at the time and as required by any local consultation or process requirements. The Company estimates it will incur approximately $19 to $24 million in non-recurring charges in connection with the Restructuring Plan, predominantly related to cash expenditures for employee transition and severance payments and employee benefits. Of the total restructuring expenses, $17 to $22 million is expected to result in future cash outlays. The Company expects the majority of the charges to be recognized in the first quarter of 2024. The costs associated with the Restructuring Plan will be included in the Company's GAAP results but are expected to be excluded from the Company's non-GAAP results.
MACK IPSEY

Hot Stocks

16:19 EST Merrimack reports Ipsen announcement of FDA approval of Onivyde - Merrimack (MACK) reported that Ipsen (IPSEY) issued a press release announcing the U.S. Food and Drug Administration has approved the supplemental new drug application for Onivyde plus 5 fluorouracil/leucovorin and oxaliplatin as a first-line treatment for people living with metastatic pancreatic ductal adenocarcinoma. Under the terms of the 2017 Asset Purchase Agreement between Ipsen and Merrimack, previously approved by Merrimack's stockholders, this U.S. Food and Drug Administration approval triggers a $225 million milestone payment from Ipsen to Merrimack which is due on or before March 29, 2024. "Today's announcement is the culmination of nearly seven years of clinical trials and regulatory approval efforts by Ipsen following its 2017 purchase of the Onivyde technology from Merrimack. The Company has received several payments from the Ipsen Agreement including: a $575 million payment in 2017, a $5.7 Million working capital adjustment payment later that year, and a $5 million milestone payment in 2019" said Gary Crocker, Chairman of Merrimack's Board of Directors. "The Board of Merrimack plans to hold a Special Meeting of Stockholders to approve a plan for a corporate dissolution and followed by a distribution of the proceeds to our stockholders from this new $225 million milestone payment, plus residual cash, net of corporate taxes and interest charges accruing under IRS installment sale rules, and other expenses."
HOOD

Hot Stocks

16:14 EST Robinhood reports Q4 monthly active users 10.9M, down 4% - Reports Q4 average revenue per user $81. Reports assets under custody increased 65% year-over-year to $102.6B.
DVA

Hot Stocks

16:10 EST DaVita sees FY24 free cash flow $900M-$1.15B
LYFT

Hot Stocks

16:07 EST Lyft sees Q1 adjusted EBITDA $50M-$55M - Sees Q1 gross bookings roughly $3.5B-$3.6B.
AKAM

Hot Stocks

16:04 EST Akamai to embed cloud computing capabilities into edge network - Akamai Technologies unveiled plans to embed cloud computing capabilities into its massive edge network. Akamai's Generalized Edge Compute advances Akamai's strategy to be the cloud computing platform for companies that want to deliver better experiences by running workloads closer to users, devices, and sources of data. Akamai's move comes at an exciting juncture for the technology industry. In a worldwide study conducted in 2023, ClearPath Strategies found that two-thirds of IT decision-makers said their use of distributed cloud services is expected to increase over the next 12 months. More than one-third of respondents said the benefits of distributed cloud - including the ability to process and analyze AI and machine learning data quickly and efficiently - are mission critical to their IT strategy. The new initiative is the latest move in Akamai's multiyear strategy to become a key platform in enterprise multicloud environments. It is another step in the company's vision for a new kind of cloud designed to meet the needs of modern applications that require higher performance, lower latency, and true global scalability that current cloud architectures were not built to provide. Akamai has been conducting early trials of Gecko with several of its enterprise customers. The company anticipates that customers in AI inferencing, multiplayer gaming, and social and streaming media are best positioned to take advantage of the power of Gecko. Akamai sees future use cases in areas such as immersive retail, spatial computing, data analytics, and consumer and industrial IoT.
UPST

Hot Stocks

16:01 EST Upstart Holdings trading halted, news pending
VZIO...

Hot Stocks

15:19 EST Vizio extends advance to 25% after WSJ says Walmart in talks to buy - Shares of Vizio (VZIO) are up $1.97, or 25%, to $9.80 after The Wall Street Journal reported that Walmart (WMT) is in talks to buy the smart television maker for more than $2B, while those of smart TV systems and device rival Roku (ROKU) are down 10% in afternoon trading.
ROKU...

Hot Stocks

15:13 EST Roku down 10% after Journal report of Walmart talks to buy Vizio
VZIO

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15:12 EST VIZIO Holding Corp trading resumes
VZIO WMT

Hot Stocks

15:12 EST Vizio up 6% after Journal report of Walmart takeover talks
NUKK

Hot Stocks

15:11 EST Goldman Sachs takes a 7.2% passive stake in Nukkleus - The filing does not allow for activism.
VZIO

Hot Stocks

15:07 EST VIZIO Holding Corp trading halted, volatility trading pause
APAC

Hot Stocks

14:51 EST StoneBridge Acquisition Corp trading resumes
APAC

Hot Stocks

14:46 EST StoneBridge Acquisition Corp trading halted, volatility trading pause
FBLG

Hot Stocks

14:43 EST Fibrobiologics Inc trading resumes
GRYP...

Hot Stocks

14:40 EST Gryphon Digital reports about 58 bitcoin-equivalent coins produced in January - Gryphon Digital Mining has released its operational update for January 2024. During January, Gryphon mined approximately 58 bitcoin-equivalent coins while posting a company record average self-mining hashing power of 864 PH/s and total attributable hashing power of approximately 1.3 EH/s. "The month's performance translated into a bitcoin efficiency rating of 68 BTC/EH. The company's bitcoin efficiency performance declined from its December 2023 mark of 81 BTC/EH, or a reduction of about 16%. December's performance ranked second among publicly disclosing peers, which averaged 66 BTC/EH for the month," Gryphon stated.
FBLG

Hot Stocks

14:38 EST Fibrobiologics Inc trading halted, volatility trading pause
GMBL

Hot Stocks

14:37 EST Esports Entertainment delisting from Nasdaq, moving to OTCQB Venture Market - Esports Entertainment Group announced that its board of directors has approved a voluntary delisting of the company's Common Stock, 10.0% Series A Cumulative Redeemable Convertible Preferred Stock and Common Warrants from the Nasdaq Stock Market, which is expected to reduce the company's public costs as it advances its strategy to drive growth and profitability. As a result, the company anticipates that it will file with the Securities and Exchange Commission a Form 25 relating to the delisting of its Securities and expects its Securities will be listed on the OTCQB Venture Market of the OTC Markets, until such time it decides to reapply and is approved to relist on a senior U.S. Exchange. On February 13, when the company informed the Nasdaq of its intention to delist it was under a Nasdaq Panel Monitor and not in compliance with the Nasdaq's stockholders' equity requirement. Alex Igelman, CEO of Esports Entertainment Group, stated, "While we have solid assets inside the business, and have assembled a first-class management and board, the restructuring and turnaround of the business has been no small undertaking. Although we have made substantial and rapid progress, we have several more significant initiatives still underway. At the same time, the expenses related to maintaining our Nasdaq listing are significant, and, despite our listing on a senior U.S. exchange, we do not believe the current market price reflects the intrinsic value of our business. At the moment, we are 100% focused on driving growth and profitability and believe that this move to the OTC Markets will allow us to regroup as we execute on the aforementioned initiatives. In this way, assuming we meet the listing requirements, we could relist on a senior U.S. Exchange at a time of our choosing. In the meantime, we plan to reallocate resources towards activities, some of which we have previously identified, that we believe will generate the highest return on capital and maximum long-term value for our shareholders."
APA

Hot Stocks

14:27 EST Apache to pay $4M in civil penalties over clean air rule violations - The U.S. Department of Justice said that the Apache Corporation has agreed to pay $4M in civil penalties and undertake projects expected to cost at least $5.5M to ensure 422 of its oil and gas well pads in New Mexico and Texas comply with state and federal clean air regulations and offset past illegal emissions. Apache's agreement settles a civil suit - filed jointly by the United States, on behalf of the Environmental Protection Agency, and the New Mexico Environment Department - alleging that Apache failed to comply with federal and state requirements to capture and control air emissions from 23 of its oil and gas production operations in New Mexico and Texas. EPA and NMED identified the alleged violations through field investigations and repeated flyover surveillance conducted in 2019, 2020 and 2022. Compliance with this robust settlement will result in annual reductions of more than 9,650 tons of volatile organic compounds (VOCs) and 900 tons of methane, which equates to more than 25,000 tons of carbon dioxide (CO2). VOCs are a key component in the formation of ground-level ozone or smog, which irritates lungs, exacerbates diseases including asthma and can increase susceptibility to respiratory illnesses, such as pneumonia and bronchitis. "Today's settlement will ensure compliance at hundreds of oil and gas facilities across New Mexico and Texas," said Assistant Attorney General Todd Kim of the Justice Department's Environment and Natural Resources Division. "Under the settlement, over 400 Apache facilities will be required to take extensive steps to reduce emissions of volatile organic compounds - which contribute to smog - as well as methane gas, which is a significant contributor to climate change."
RBBN DELL

Hot Stocks

13:54 EST Ribbon announces U.S. military branch voice modernization project - Ribbon Communications (RBBN) announced that it will transition a branch of the U.S. Military's voice infrastructure to Voice over Internet Protocol, or VoIP, ahead of the 2025 deadline mandated by the Department of Defense, in collaboration with Dell Technologies (DELL). "This award highlights our leadership in delivering innovative solutions that improve communications infrastructure while lowering costs and accelerating digitization for the US government, and ultimately the US taxpayer. We're proud to have been selected for this critical project and of our collaboration with a global provider like Dell Technologies," said Bill Grabner, Vice President, Federal Markets from Ribbon.
CCL

Hot Stocks

13:22 EST Carnival finalizes agreement with Meyer Werft for Excel-class cruise ship - Carnival Corporation & plc (CCL; CUK) announced it has signed an agreement with German shipbuilder Meyer Werft to build a fourth Excel-class cruise ship for its namesake Carnival Cruise Line brand. The ship, the 10th Excel-class ship in the corporation's fleet across four of its brands, is expected to enter service in Spring 2027. "Building on our strong performance and growing momentum around the world, we are excited to resume our newbuild program and further enhance our global fleet with yet another state-of-the-art ship that will wow Carnival Cruise Line's guests. With one newbuild scheduled for delivery in 2025, none for 2026, and this order being our only expected newbuild in 2027, our responsible capital approach will support utilizing our substantial free cash flow over the next several years to strategically improve our balance sheet, significantly reduce our leverage levels and continue to transfer value from debt holders to shareholders. We are following through on our measured capacity growth strategy with the addition of one to two ships per year beginning in 2027, which will be allocated to our cruise lines that most need the capacity to satisfy outsized demand, delivering an attractive payback period. We also remain focused on driving revenue growth throughout our portfolio of world-class cruise lines by continuing to improve execution across all aspects of our operation, yielding higher return on invested capital," said Josh Weinstein, CEO of Carnival Corporation.
POL

Hot Stocks

13:17 EST Polished down 60% after cutting outlook, reporting SEC probe - Shares of Polished.com are down $2.94, or 60%, to $1.92 in early afternoon trading.
PBAX

Hot Stocks

12:39 EST Phoenix Biotech Acquisition Corp trading resumes
PBAX

Hot Stocks

12:29 EST Phoenix Biotech Acquisition Corp trading halted, volatility trading pause
POL

Hot Stocks

12:25 EST Polished.com trading resumes
PEG

Hot Stocks

12:12 EST PSEG raises quarterly dividend to 60c per share - The Board of Directors of Public Service Enterprise Group declared a 60c per share quarterly common stock dividend for the first quarter of 2024, payable on or before March 29, 2024, to shareholders of record on March 8, 2024. his action represents an increase of 3c per share in the company's quarterly common stock dividend, bringing the 2024 indicative annual rate to $2.40 per share.
HITI

Hot Stocks

12:05 EST High Tide signs limited cannabis distribution agreement with MBLL - High Tide announced that, through its wholly owned subsidiary Valiant Distribution Canada, it has signed an agreement with the Manitoba Liquor and Lotteries Corporation through which it will be a distributor of cannabis products to cannabis retailers in Manitoba. Through this agreement Valiant will be able to warehouse products in the province from licensed producers and distribute these products to licensed retailers while being responsible for inventory management, and tracking.
LNTH

Hot Stocks

12:02 EST Lantheus announces collaboration with NIA-sponsored study called CLARiTI - Lantheus Holdings earlier today announced a collaboration agreement with a National Institute on Aging-sponsored study called the Consortium for Clarity in ADRD Research Through Imaging, or CLARiTI. "This agreement enables the consortium to use MK-6240, Lantheus' clinical-stage F18-labeled Positron Emission Tomography imaging agent, in its investigation of Alzheimer's disease and related dementias. MK-6240 targets aggregated tau protein in the form of neurofibrillary tangles, which are a hallmark of several neurodegenerative diseases, including Alzheimer's disease. The CLARiTI study will involve all 37 Alzheimer's Disease Research Centers in the United States which will recruit 2,000 subjects and collect their imaging and blood-based biomarker data to generate etiologic profiles for cases of mixed dementia," the company stated. "MK-6240 is poised to play a pivotal role in propelling Alzheimer's diagnosis and treatment research to new heights. This agreement aligns with Lantheus' purpose to actively cultivate collaborations that empower researchers worldwide with essential tools to accelerate clinical research and development of therapies. In an era defined by an unprecedented number of Alzheimer's diagnoses, the CLARiTI study represents a significant milestone in Alzheimer's research, with the potential to change the trajectory of this degenerative disease," said Jean-Claude Provost, MD, Chief Medical Officer, Lantheus.
KLG

Hot Stocks

12:00 EST WK Kellogg rises 11.1% - WK Kellogg is up 11.1%, or $1.40 to $14.01.
JDST

Hot Stocks

12:00 EST Direxion Daily Junior Gold Miners Index Bear 3x Shares rises 11.6% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is up 11.6%, or 81c to $7.82.
ASPN

Hot Stocks

12:00 EST Aspen Aerogels rises 17.1% - Aspen Aerogels is up 17.1%, or $2.12 to $14.52.
WCC

Hot Stocks

12:00 EST Wesco falls -23.3% - Wesco is down -23.3%, or -$44.81 to $147.72.
TDC

Hot Stocks

12:00 EST Teradata falls -23.3% - Teradata is down -23.3%, or -$11.36 to $37.43.
TSE

Hot Stocks

12:00 EST Trinseo falls -28.8% - Trinseo is down -28.8%, or -$1.77 to $4.38.
MYMD

Hot Stocks

11:50 EST MyMD Pharmaceuticals announces 1-for-30 reverse stock split - MyMD Pharmaceuticals intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 30 pre-split shares. The reverse stock split will become effective at 4:05 p.m. Eastern Standard Time on Wednesday, February 14, 2024. MyMD's common stock will continue to be traded on the Nasdaq Capital Market under the symbol MYMD and will begin trading on a split-adjusted basis when the market opens on Thursday, February 15, 2024. The new CUSIP number for MyMD's common stock following the reverse stock split will be 62856X201. At the effective time of the reverse stock split, every 30 shares of MyMD's issued and outstanding common stock will be converted automatically into one issued and outstanding share of common stock without any change in the par value per share. Simultaneously therewith, the number of shares of common stock that the Company shall have authority to issue will be reduced by a factor of 30 from 500,000,000 shares to 16,666,666 shares. Stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the 1-for-30 reverse stock split.
POL

Hot Stocks

11:49 EST Polished says SEC conducting investigation of prior disclosures - In a regulatory filing, Polished.com stated: "The U.S. Securities Exchange Commission is conducting an investigation related to issues disclosed in the company's Form 8-K filed on December 27, 2022, including the findings of the company's Audit Committee investigation, as described therein, and the subsequent restatement of the company's previously issued consolidated financial statements as of and for the year ended December 31, 2021 and for the quarter ended March 31, 2022. The SEC staff has subpoenaed documents and information, including documents and information related to the Audit Committee's investigation and restated financials. The SEC Investigation is a non-public, fact-finding inquiry to determine whether there were any violations of the federal securities laws. The company is fully cooperating and will continue to cooperate with the SEC." Reference Link
POL

Hot Stocks

11:47 EST Polished receives Notice of Acceleration from lenders under credit agreement - Polished.com provided the following corporate updates: "The company has received a Notice of Acceleration from its lenders asserting certain events of default relating to non-payment of certain principal and interest amounts and fees due and payable under the May 9, 2022 Credit Agreement on January 31, 2024. The company is seeking to reach a resolution with the lenders and will pursue a defense to any potential enforcement action taken by the lenders. Additional information can be found on the Current Report on Form 8-K that the company filed with the U.S. Securities and Exchange Commission on February 12, 2024."
ACN

Hot Stocks

11:23 EST Accenture announces agreement to acquire Insight Sourcing; terms not disclosed - Accenture has entered into an agreement to acquire Insight Sourcing, a provider of strategic sourcing and procurement services. "Insight Sourcing will be the latest investment we are making to address growing demands from private equity investors, who seek tailored and repeatable solutions that drive value," said Muqsit Ashraf, global lead for Accenture Strategy. Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals.
POL

Hot Stocks

11:16 EST Polished.com trading halted, news pending
BA

Hot Stocks

11:15 EST Boeing sees defense margins reaching high single digits by 2025
BA

Hot Stocks

11:15 EST Boeing CFO: Engineering workforce has grown 10% since 2019
BA

Hot Stocks

11:14 EST Boeing CFO: 737 output for 1H24 to be below 38-jets a month pace - Comments taken from the Cowen Aerospace & Defense Conference.
BA

Hot Stocks

10:36 EST Boeing delivered 27 commercial airplanes in January - Boeing reported that the company delivered 27 commercial airplanes in January, including 25 737 MAX planes. Boeing reports 3 airplane gross orders in January from "unidentified customer(s)". Boeing reports zero year-to-date orders net of cancellations/conversions. Reference Link
AEP IEP

Hot Stocks

10:30 EST American Electric gives two board seats to Icahn Capital - American Electric Power announced last night that it has entered into an agreement with Icahn Capital and certain of its affiliates, under which Hunter Gary, senior managing director at Icahn Enterprises, and Henry Linginfelter, retired executive vice president of Southern Company Gas, will join AEP's board of directors. Julie Sloat, AEP CEO, said, "On behalf of the Board, we welcome Hunter and Hank to AEP. Hunter's experience providing operational oversight as an investor and public company director and Hank's utility regulatory experience will serve us well as we continue to execute on our strategic priorities and enhance value for our shareholders. We are confident that their perspectives will add value in the boardroom as we continue to simplify and de-risk our operations, control costs and execute on our flexible and robust capital plan to provide safe, reliable and affordable service to our customers." Carl Icahn added, "We look forward to working with Julie Sloat and the Board of Directors to optimize the value and performance of AEP's high quality regulated electric utility business for the benefit of all of AEP's stakeholders." Additionally, the board has invited Andrew Teno, portfolio manager at Icahn Capital, to serve as a non-voting observer in board meetings. Icahn Capital and certain of its affiliates have agreed to customary standstill, voting commitments and other provisions.
ORMNF

Hot Stocks

10:29 EST Orex Minerals signs option agreement to acquire 100% of Valenciana property - Orex Minerals announced the signing of an Option Agreement with Exploraciones El Cairo, a Mexican registered private company, to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico. The Valenciana Property hosts high-grade epithermal gold and silver veins, with base metals of lead and zinc, in Cretaceous sedimentary units and Tertiary rhyolitic and monzonitic intrusive rocks. It is located on the Mesa Central within the prolific "Silver Trend" of Mexico. Located north of the village of Valenciana in northern Zacatecas State, approximately 30 kilometres north of the Nieves Mining District and 33 kilometres southeast of the town of Juan Aldama, the Valenciana Property consists of 277.18 hectares of mineral concessions. The central target area covers about 2.7 kilometres of the main east-southeast Valenciana vein system. There are signs of early production, with old mine shafts and adits, but no historic production documentation is available. Hydrothermal alteration is extensive in the district due to the emplacement of the low to intermediate sulphidation vein systems, hosted mainly in the Cretaceous sedimentary units. Tertiary intrusive rocks of rhyolite and monzonite composition have been mapped on the western extent of the Valenciana Property. The 1996 exploration program, conducted by Pan American Silver Corp. and La Cuesta International Inc., included 10 diamond drill holes on the Valenciana Property. Multiple base and precious metal mineralized intercepts were encountered. Examples include hole V002 which yielded 2.19 m grading Au 2.50 g/t, Ag 1,115 g/t, Pb 0.5% and Zn 1.4%. Hole V003 yielded 1.87 m grading Au 1.05 g/t, Ag 739 g/t, Pb 1.10% and Zn 2.71%. A broader zone was encountered in hole V012 which yielded 22.25 m grading Au 0.94 g/t, Ag 99 g/t, Pb 0.93% and Zn 0.94%. While these drill holes pre-date the introduction of National Instrument 43-101 - Standards for Disclosure for Mineral Projects standards, they still serve as a good guide for potential future exploration programs. In 2003, Silver Standard Resources Inc. drilled a series of 9 shallow reverse-circulation holes. Surface litho-geochemical sample data, airborne magnetic and radiometric geophysical survey data and limited ground Induced-Polarization data are also available. A notarized version of the Valenciana Option Agreement was completed on 6 February 2024, with copies to be filed with the Mexican authorities. The agreement includes a four-month due diligence period. Mineral concession taxes have been paid, including the January 2024 installment. Scaled option payments are to be due according to the following schedule: Upon signing the option agreement: $15,000. 6 months after signing the option agreement: $10,000. 12 months after signing the option agreement: $35,000. 18 months after signing the option agreement: $15,000. 24 months after signing the option agreement: $15,000. 30 months after signing the option agreement: $20,000. 36 months after signing the option agreement: $20,000. Thereafter $25,000 is to be paid every 6 months. An "area of influence" surrounding the original mineral concessions has been defined. A 2% production royalty on the original mineral concessions will be held by EEC. If new mineral concessions are established on open land within the area of influence, a 1.5% NSR will be awarded to EEC for the new concessions. If mineral concessions currently held by third party concession holders, but within the area of influence, are added to the Valenciana Project, then a 0.5% NSR will be awarded to EEC for those concessions. There is a production royalty reduction of interest when NSR payments reach $10 million, at which point the NSR values drop by 50%.
ALT

Hot Stocks

10:29 EST Altimmune down 16% after Kerrisdale short report - Shares of Altimmune are down $1.70, or 16%, to $8.70 in morning trading after the company was the subject of a short report published earlier by Kerrisdale Capital.
EXAI

Hot Stocks

10:16 EST Exscientia sinks 20% after CEO is fired for inappropriate relationships - Exscientia announces that its board has decided to terminate the employment of Andrew Hopkins as the company's Chief Executive Officer and Principal Executive Officer, and to remove Hopkins from his role as an Executive Director of the board, in each case for cause and effective immediately. The board's decision was taken following an investigation which found that Hopkins had engaged in relationships with two employees that the board determined were inappropriate and inconsistent with the company's standards and values. The board is instituting a search for Hopkins' successor as CEO. "Dr. Hopkins' conduct did not impact the Company's consolidated financial statements or its internal controls over financial reporting, and his termination is unrelated to the Company's operational or financial performance. The Company remains committed to advancing its internal oncology pipeline and broad partnership portfolio through AI-based drug design and laboratory technologies," Exscientia added. In connection with Hopkins' termination, Dave Hallett, the company's Chief Science Officer, has been appointed Interim CEO and Interim Principal Executive Officer, effective immediately. Shares of Exscientia are down 20% to $6.02 in morning trading.
CREV

Hot Stocks

10:08 EST Carbon Revolution PLC trading resumes
AULT

Hot Stocks

10:07 EST Ault anticipates utilizing previously authorized stock buyback plan - Ault Alliance announced that it currently anticipates utilizing the stock repurchase program that was previously authorized by its Board of Directors in December 2021. The Repurchase Program would start no earlier than two business days after the filing of the company's Form 10-Q for the quarter ending March 31, 2024. Under the Repurchase Program, the Board authorized the company to repurchase up to $50M of common stock, which repurchases may be made on a discretionary basis from time to time through a variety of methods, including open market repurchases. The company intends to enact a trading plan for the repurchases in compliance with the Rule 10b5-1 of the Securities Exchange Act of 1934. Milton "Todd" Ault III, Founder and Executive Chairman of Ault Alliance, commented on the Repurchase Program, saying, "While the Company has explored methods previously to buy back common stock from stockholders, including the exchange offers announced in March 2023, and November 2023, the Company ultimately determined that the most efficient way to execute a buyback program was to work through its existing and approved share repurchase program of up to $50M worth of common stock. Overall, I believe that the Repurchase Program is a prudent use of capital and is attractive to management as it believes that the Company's common stock is severely undervalued."
CREV

Hot Stocks

10:03 EST Carbon Revolution PLC trading halted, volatility trading pause
PENN

Hot Stocks

10:02 EST Penn Entertainment to launch ESPN BET in New York in 2024
PENN WYNN

Hot Stocks

10:02 EST Penn to acquire mobile sports wagering licenses for New York market access - PENN Entertainment, Inc. (PENN) announced that it has reached an agreement with Wynn Interactive Holdings (WYNN) to acquire its New York mobile sports wagering licenses, providing PENN with market access to the jurisdiction. Pending regulatory approvals, PENN will launch its online sports wagering product, ESPN BET, in New York in 2024. As part of the transaction, PENN is acquiring WSI US, LLC, from Wynn Interactive Holdings for $25M. WSI US, LLC is the entity that holds the mobile sports wagering licenses that were previously issued by the New York State Gaming Commission in 2021. Wynn Interactive is a subsidiary of Wynn Resorts, Limited. "This is an important development that will bring ESPN BET to the largest regulated online sports wagering market in North America," said Jay Snowden, PENN Entertainment CEO and President. "Together with ESPN, we're building a brand that is synonymous with sports betting, and operating in the New York market is key as we grow ESPN BET across the U.S."
HPP

Hot Stocks

10:00 EST Hudson Pacific falls -13.6% - Hudson Pacific is down -13.6%, or -$1.09 to $6.95.
WCC

Hot Stocks

10:00 EST Wesco falls -19.8% - Wesco is down -19.8%, or -$38.18 to $154.35.
TDC

Hot Stocks

10:00 EST Teradata falls -23.3% - Teradata is down -23.3%, or -$11.36 to $37.43.
ASPN

Hot Stocks

10:00 EST Aspen Aerogels rises 9.1% - Aspen Aerogels is up 9.1%, or $1.13 to $13.53.
TZA

Hot Stocks

10:00 EST Small Cap Bear 3x rises 9.8% - Small Cap Bear 3x is up 9.8%, or $1.89 to $21.13.
LABD

Hot Stocks

10:00 EST Daily S&P Biotech Bear 3x Shares rises 10.7% - Daily S&P Biotech Bear 3x Shares is up 10.7%, or 89c to $9.17.
SFDL

Hot Stocks

09:58 EST Security Federal Corp raises quarterly dividend 7.7% to 14c per share - Security Federal Corporation announced that a quarterly dividend of 14c per share will be paid on or about March 15, 2024, to shareholders of record as of February 29, 2024. This increased dividend represents an increase of 1c, or 7.7%, over the previous regular quarterly dividend.
DLA

Hot Stocks

09:50 EST Delta Apparel trading resumes
WYY

Hot Stocks

09:50 EST WidePoint trading resumes
RENB

Hot Stocks

09:49 EST GEDi Cube signs LOI to acquire 75% of Cyclomics - GEDi Cube has executed a binding Letter of Intent (LOI) to acquire 75% of Cyclomics, a Dutch Company. Under the terms of the LOI, the parties have agreed to work in good faith on the drafting of a definitive agreement. Cyclomics has developed a groundbreaking diagnostic method for monitoring early cancer recurrence named "CyclomicsSeq"- a novel ctDNA detection assay based on Oxford Nanopore sequencing which delivers fast, low-cost, and point-of-care sequencing. In contrast to available ctDNA-based methods, "CyclomicsSeq" ensures that even a single ctDNA molecule in the blood can be detected at very high accuracy. This solution consists of a new diagnostic kit, which has been licensed to Oxford Nanopore, an RNA/DNA next-generation sequencing platform company. Cyclomics' Omni-Omic 4th generation technology, we believe, will disrupt the cancer diagnostics market and clinical practice by enabling fast and reliable results and delivering superior performance to standard radiological and physical examination alone. The platform is expected to enable reliable, fast, and ultra-sensitive early/recurrence detection of cancer using the next-generation whole genome sequencing. That is achieved by detecting ctDNA, a reliable biomarker for determining the presence or absence of cancer, which can be non-invasively obtained from a blood sample. The novel approach to cancer detection is based on a single vial of blood and multi-dimensional profiling. Cyclomics applies a wide multi-signal/multi-omics approach to a very low amount of tumor ctDNA. The Omni-Omic approach is critical for early cancer detection with high accuracy. Upon closing, the combined companies will aim to accelerate entry into the cancer monitoring market and gain access to integrating whole genome data into GEDiCube's AI/Machine Learning platform.
RVSN

Hot Stocks

09:49 EST Rail Vision Ltd trading resumes
RENB

Hot Stocks

09:48 EST Renovaro sinks 20% after Hindenburg announces short position
LRMR

Hot Stocks

09:48 EST Larimar Therapeutics trading resumes
BERY

Hot Stocks

09:47 EST Berry Global opens 'Circular Innovation and Training Center' in Oklahoma - Berry Global recently opened the doors to its "Circular Innovation and Training Center" in Tulsa, Oklahoma. The new 12,000 square foot center will accelerate the development of highly innovative products driven by superior materials science and engineering, foster a collaborative space for training, and incubate cutting-edge stretch film projects that help keep materials in use and out of the environment. Stretch films are made with thin, light-weight, extruded plastic and wrapped around a product to achieve load integrity. This promotes sustainability by eliminating or reducing breakage, damage, and loss of products during shipment. Showcasing a range of state-of-the-art pallet wrapping machines and film evaluation equipment, Berry's new center will spur the development of new Bmore Circular Solutions across ultra-high-performance films that support a circular economy through the use of recycled content, material downgauging, and more. Lighter weight stretch films require less raw materials and energy to produce, thereby reducing greenhouse gas emissions and plastic waste.
HPP

Hot Stocks

09:47 EST Hudson Pacific falls -12.4% - Hudson Pacific is down -12.4%, or -$1.00 to $7.04.
TDC

Hot Stocks

09:47 EST Teradata falls -20.4% - Teradata is down -20.4%, or -$9.93 to $38.86.
WCC

Hot Stocks

09:47 EST Wesco falls -21.2% - Wesco is down -21.2%, or -$40.73 to $151.81.
SOXS

Hot Stocks

09:47 EST Direxion Daily Semiconductor Bear 3X Shares rises 9.0% - Direxion Daily Semiconductor Bear 3X Shares is up 9.0%, or 39c to $4.73.
TZA

Hot Stocks

09:47 EST Small Cap Bear 3x rises 10.0% - Small Cap Bear 3x is up 10.0%, or $1.92 to $21.16.
LABD

Hot Stocks

09:47 EST Daily S&P Biotech Bear 3x Shares rises 10.6% - Daily S&P Biotech Bear 3x Shares is up 10.6%, or 88c to $9.16.
DLA

Hot Stocks

09:45 EST Delta Apparel trading halted, volatility trading pause
RVSN

Hot Stocks

09:44 EST Rail Vision Ltd trading halted, volatility trading pause
HOLO

Hot Stocks

09:44 EST MicroCloud Hologram Inc trading resumes
LRMR

Hot Stocks

09:43 EST Larimar Therapeutics trading halted, volatility trading pause
ANTX

Hot Stocks

09:42 EST AN2 Therapeutics Inc trading resumes
SSRM

Hot Stocks

09:41 EST SSR Mining trading resumes
FBLG

Hot Stocks

09:40 EST FibroBiologics presents preclinical data on HDF spheroids to treat psoriasis - FibroBiologics presented preclinical data that employs human dermal fibroblast spheroids to treat an induced mouse model of psoriasis at the 2024 Keystone Symposia for Systemic Autoimmune and Autoinflammatory Diseases during a poster presentation. Psoriasis is an autoimmune inflammatory disorder often characterized by the development of plaques and scales on the skin, which in many individuals may lead to psoriatic arthritis. Psoriasis affects more than eight million adults in the United States alone, and FibroBiologics is investigating the therapeutic potential of HDFs for treating this disorder and providing relief to patients. In our study using an imiquimod-induced psoriasis model in C57BL/6J mice, we found that a single intravenous administration of HDF spheroids significantly reduced the severity of psoriatic skin lesions, with a 35% decrease in average Psoriasis Area and Severity Index score. Systemic effects were also evident, as HDF spheroid administration ameliorated IMQ-induced changes in spleen size and lymphocyte and monocyte counts. The ability of HDF spheroids to affect markers of psoriatic inflammation was further explored by co-culturing with human blood-derived monocytes. HDFs inhibited tumor necrosis factor alpha and interleukin -17 production in addition to suppressing cytokine-induced dendritic cell maturation by down-regulating CD40, CD80, CD86, and IL-12 and up-regulating inhibitory molecules, including IL-10, IL-1 receptor antagonist and programmed cell death-1.
HOLO

Hot Stocks

09:38 EST MicroCloud Hologram Inc trading halted, volatility trading pause
RENB

Hot Stocks

09:38 EST Renovaro BioSciences completes acquisition of GEDi Cube - Renovaro completed its acquisition of GEDi Cube. Renovaro, which means renew, combines the power of the AI Health Tech platform of GEDiCube with the advanced cell and gene-therapy Biotech platform of Renovaro Biosciences to accelerate precision, personalized medicine, and a new era in healthcare innovation. The two subsidiaries will be under the parent organization, which was renamed Renovaro Inc. The combination will see Renovaro's existing CEO, The Hon. Mark Dybul, MD, leading Renovaro Inc., with GEDiCube's CEO, Coen van Kalken, MD PhD, becoming the Managing Director and President of GEDiCube and Dr. Francois Binette, currently, Executive Vice-President and COO of Renovaro, becoming the Managing Director and President of Renovaro Biosciences.
C

Hot Stocks

09:37 EST Exponential Markets receives strategic investment from Citi - Exponential Markets announced a strategic investment from Citi to develop and launch innovative risk mitigation tools. Citi invested in Exponential's most recent seed round, which was led by MaC Venture Capital, and included support from Autotech Ventures and Avanta Ventures, bringing the total amount raised to over $10 million. Citi made the investment through its Markets Strategic Investments unit. The investment and partnership underscores Citi's commitment to furthering the development of innovative risk mitigation tools. Exponential Markets is developing a series of next-generation tradable financial instruments designed to offer new levels of hedging capabilities and risk management for participants in a variety of asset classes. The company's first product, the Exponential Used Vehicle Index, is a first-of-its-kind tradable index for the automotive sector that allows rental car companies, auto insurers, and auto lessors to hedge used vehicle price risk. The company's product roadmap includes cash-settled index derivatives for new and underserved markets, in addition to exploration of smart market applications. In addition to the investment, Citi intends to collaborate with Exponential to cultivate the market for Exponential's used vehicle derivatives, as well as jointly develop new products that will enable more efficient risk transfer across a variety of asset classes, industries, and market participants.
ANTX

Hot Stocks

09:36 EST AN2 Therapeutics Inc trading halted, volatility trading pause
BMR

Hot Stocks

09:36 EST Beamr Imaging Ltd trading resumes
SSRM

Hot Stocks

09:35 EST SSR Mining trading halted, volatility trading pause
WU

Hot Stocks

09:35 EST BanCoppel partners with Western Union to receive remittances via mobile app - BanCoppel and Western Union announced a new service for customers in Mexico to receive remittances digitally. Through the BanCoppel mobile app, which is available for Android and iOS, customers who receive cash remittances up to $2,999 per day and $3,000 per calendar month from abroad will be able to deposit them in their BanCoppel bank account. This new service is part of the long-standing collaboration established in 2013 for BanCoppel to offer Western Union global money transfer services. To access it, customers in Mexico must have an active account and a digital services agreement with BanCoppel, which they can set up at any local BanCoppel branch in the country.
ICMB

Hot Stocks

09:35 EST Investcorp advises investors not to rely on financial results press release - Investcorp Credit Management BDC, Inc. announced that it has cancelled its conference call for the second quarter ended December 31, 2023, initially scheduled for today, February 13, 2024, at 1:00 p.m. Eastern Time, and that investors should not rely on the press release it issued on February 12, 2024 containing its financial results for the second quarter ended December 31, 2023. The company will also delay the filing of its Form 10-Q for the second quarter ended December 31, 2023 with the SEC until it can complete its review of whether certain expenses had been properly accrued in the correct periods and, if not, the impact of any such adjustments on its consolidated financial statements.
GCTK

Hot Stocks

09:33 EST GlucoTrack appoints Luis Malave as chairman of the board - Glucotrack announced that Luis Malave has been elected as Chairman of its Board of Directors, effective immediately. Malave currently serves as President of EOFLOW CO. Ltd., a company listed on the Korea Stock Exchange that has developed a wearable disposable insulin pump.
RTX

Hot Stocks

09:32 EST RTX's Pratt & Whitney receives $355M contract from South Korea's DAPA - Pratt & Whitney, an RTX business, was awarded an F100 engine performance-based logistics sustainment contract by South Korea's Defense Acquisition Program Administration. This contract, with a base value of $355M, is the third consecutive PBL contract Pratt & Whitney and DAPA have signed since 2012, offering on-going maintenance support for the Republic of Korea Air Force's F-15 Eagles and F-16 Fighting Falcons. This contract is the latest initiative in an enduring partnership between Pratt & Whitney, DAPA and ROKAF, and it will support more efficient depot planning and improve overall fleet readiness through long-term material forecasting. Sustainment work began in December of 2023 and will run through the second half of 2027.
BMR

Hot Stocks

09:31 EST Beamr Imaging Ltd trading halted, volatility trading pause
SYNX

Hot Stocks

09:29 EST Silynxcom receives $550,000 in orders from Israel Defense Forces - Silynxcom received repeat purchase orders of approximately $550,000 since the beginning of 2024 from the Israel Defense Forces and Israeli police forces, for its advanced military headset system family of products. Since October 2023, the Company has received over $4.85 million in orders from the Israel Defense Forces and Israeli police forces. Recently the Company announced a third order from a leading global defense company, marking over $4.5 million in total orders from this customer. Silynxcom expects to deliver these units during 2024.
WYY

Hot Stocks

09:28 EST WidePoint trading halted, news pending
FCUV

Hot Stocks

09:27 EST Focus Universal launches SEC financial reporting AI-driven automation software - Focus Universal announced its commercial launch of SEC financial reporting automation software. Financial reporting is the process by which an organization communicates its financial performance to stakeholders. Companies routinely file financial reports, such as 10-K and 10-Q to the SEC, to give a comprehensive view of the financial health of the organization. Reporting deadlines are inflexible, and late filings and mistakes in financial reporting can result in regulatory review, enforcement actions, and penalties. However, data entry by humans of hundreds or thousands of financial numbers in these reports imposes a challenge and presents risk of human error. Preparation of these reports is not only costly but also time-consuming. Reporting requirements can interfere with other business and operational timelines and leave an already strapped team scrambling for the resources needed to meet mandated reporting requirements.
VOXR

Hot Stocks

09:26 EST Vox Royalty to acquire Australian royalty portfolio for A$4.7M - Vox Royalty has executed a binding agreement dated February 12, 2024, to acquire a portfolio of up to four royalties at various stages of development including: construction, development and exploration stages and the rights to one production-linked milestone payment, all located in Australia, from a private Australian group, for cash consideration of up to A$4,700,000. Transaction Highlights: Addition of up to four advanced Australian royalties and the rights to one production-linked milestone payment in Western Australia and New South Wales, heavily weighted to gold and copper; Potential for near-term revenue from the construction-stage Castle Hill gold project in Western Australia, operated by Evolution Mining, which is a key part of the A$250M Mungari Mine Life Extension project and mill expansion to 4.2Mtpa announced by Evolution on 5 June 2023; Further production potential from the past-producing Kunanalling gold project, which is located less than 15km from the Mungari Mill and also part of Evolution's integrated Mungari 4.2 Project;Provides critical metals exposure to copper, cobalt and rare earth metals across the Halls Creek and Broken Hill exploration projects; and Strengthens Vox's proportion of royalty assets located in lower risk political jurisdictions of Australia, Canada and USA, totalling more than 80% of all royalty assets. Closing of the Transaction is expected to occur prior to the end of Q1 2024, following satisfaction of customary conditions as well as execution and delivery of standard transaction documentation. Vox will use current cash on hand to fund the payment of the cash consideration for the Transaction. A number of royalties in the portfolio are subject to rights of first refusal, which are typical for the transfer of royalties of this nature.
ADIL

Hot Stocks

09:20 EST Adial Pharmaceuticals awarded patent notice of allowance for USPTO - Adial Pharmaceuticals announced it has been awarded an important patent which expands the estate covering the combination of the Company's proprietary genetic diagnostic to identify patients with specific genotypes for genetically targeted treatment of alcohol use disorder and drug dependencies, such as opioid use disorder, with the Company's lead investigational new drug product AD04.
TOON

Hot Stocks

09:20 EST Kartoon Studios announces record revenue, subscriber growth in Q4 - Kartoon Studios announced its streaming service business, which premiered in June 2020, has achieved record revenue, increased its paid subscribers, expanded its international market coverage and reached break-even EBITDA in the fourth quarter of 2024. Kartoon Channel! has steadily grown to become a pre-eminent children's entertainment destination that delivers thousands of episodes of carefully curated, and family-friendly content. In 2023, paid subscribers increased 19% over 2022, in contrast to a number of streaming services that have been experiencing declines. Importantly, free trials, a leading indicator for future growth, more than doubled in Q4 2023 compared to the same period in 2022. Kartoon Studios' streaming business recently hit break-even for the latest quarter, a notable accomplishment among streaming services, many of which have struggled with losses. In addition, the Company has successfully reduced its customer acquisition costs by 50% from the first half to the second half of 2023, driving bigger margins through improved media efficiency and a successful content strategy. In the Apple app store, Kartoon Channel! continues to sustain a top rating, 4.9 out of 5 stars, outperforming major competitors, including Netflix, YouTube Kids, and Disney+.
CXDO

Hot Stocks

09:16 EST Crexendo, TELCLOUD enter strategic partnership agreement - Crexendo and TELCLOUD announced the launch of its new POTS Replacement platform powered by TELCLOUD. The FCC has mandated that carriers must transition away from POTS lines. Crexendo has partnered with TELCLOUD to offer its partners a world class solution to affect the transition.
MASI

Hot Stocks

09:13 EST Masimo announces FDA-cleared 'over-the-counter' fingertip pulse oximeter - Masimo announced FDA clearance of MightySat Medical, making it the first and only FDA-cleared medical fingertip pulse oximeter available Over-The-Counter OTC direct to consumers without a prescription. All other pulse oximeters available at drug stores and online and sold direct to consumers are not FDA cleared and should not be relied upon for medical use; many of them have been reported to give erroneous measurements.1 This clearance brings consumers a pulse oximeter medical device powered by Masimo SET pulse oximetry-the same technology relied on by hospitals and clinics around the world to monitor more than 200 million patients every year2 and shown to have no clinically significant difference in accuracy or bias between light- and dark-skinned individuals.3 Starting today, the MightySat Medical Pulse Oximeter can be purchased at masimo.com, and it will soon be available for purchase at retail and drug stores across the country.
AMD

Hot Stocks

09:11 EST AMD powers AI track inspection solution for JR Kyushu - AMD announced that JR Kyushu Railway Company is using the AMD Kria K26 System-on-Module to automate track inspection. This AI-based solution replaces traditional methods of inspecting miles of track on foot, creating significant efficiencies by improving the inspection speed, cost and accuracy to meet Japan's stringent railway safety requirements. JR Kyushu bullet trains operate across an enormous territory of more than 1,455 miles of railroad tracks, with trains traveling at speeds of up to 161 mph. Safety is the company's number-one priority, requiring diligent track inspections carried out at specified intervals. To increase the efficiency and accuracy of assessments, JR Kyushu chose an AMD-powered solution from Tokyo Artisan Intelligence, which uses high-speed image processing and advanced AI capabilities to detect and inspect loose bolts and other track issues.
ANIK

Hot Stocks

09:10 EST Anika Therapeutics announces highlighting recently-launched products - Anika Therapeutics announced it is highlighting recently-launched products in high growth segments of joint preservation and restoration from its Regenerative Solutions, Sports Medicine and Arthrosurface Joint Solutions businesses during the 2024 American Academy of Orthopedic Surgeons Annual Meeting on February 13-15 in San Francisco, CA. "We're thrilled to once again participate in the AAOS 2024 Annual Meeting and to showcase our advanced portfolio of regenerative, sports medicine and bone preserving implant solutions designed to meet the evolving needs of surgeons across the orthopedic continuum of care," said Cheryl Blanchard, Ph.D., Anika's President and CEO. "Anika is excited to highlight our recently launched Integrity Implant System, our newest regenerative hyaluronic acid-based scaffold for rotator cuff repair, and our X-Twist Fixation System with biocomposite suture anchor. We have also enhanced our shoulder arthroplasty offerings with the launch of AIM, Anika Implant Management, for 3-D preoperative planning which is now available with both the RevoMotion Reverse Shoulder and OVOMotion Total Shoulder arthroplasty systems.."
HLIO

Hot Stocks

09:09 EST Helios Technologies announces expansion with Tijuana, Mexico facility - Helios Technologies announced its operating company Balboa will host its official ribbon cutting ceremony unveiling a 68,000 square foot expansion of its Tijuana, Mexico facility. Ambassadors from the Company as well as esteemed local officials of Tijuana will be on hand to witness the ceremony. In response to the growth opportunities for products from its Electronics segment, Helios has expanded into a newly constructed building adding 68,000 square feet of capacity to its existing 198,000 square foot facility.
SPT

Hot Stocks

09:08 EST Sprout Social launches new care solution - Sprout Social announces the launch of Social Customer Care by Sprout Social, advancing the platform's care offering with comprehensive case management solutions, AI-powered capabilities and robust reporting. Care by Sprout empowers brands to provide exceptional customer experiences and drive lasting loyalty with fast and meaningful customer engagement. "Social is no longer just one aspect of customer care, it's the determining factor of an impactful care strategy and, more importantly, lasting brand success," said Justyn Howard, CEO of Sprout Social. "Consumer expectations on social media are skyrocketing, and a brand's ability to provide quick, personalized responses across social platforms is critical to meeting and exceeding those needs. This has placed growing pressure on an organization's care team, and we've been focused on delivering a platform that not only supports their efforts, but inspires their strategies and creates immense competitive advantage."
TRIB

Hot Stocks

09:08 EST Trinity Biotech announces plan to implement ADS ratio change - Trinity Biotech announced that it plans to change the ratio of the American depositary shares representing its Class A ordinary shares from one ADS representing four Class A ordinary share to one ADS representing twenty Class A ordinary shares. For Trinity Biotech Plc ADS holders, the change in the ADS ratio will have the same effect as a one-for-five reverse ADS split and is intended to enable the Company to regain compliance with the $1.00 Nasdaq minimum bid price requirement, and facilitate investment from a broader pool of potential investors, who may have previously been unable to invest due to the ADSs trading below a price of $1.00. There is no change to the Company's Class A ordinary shares. The effect of the ratio change on the ADS trading price on the Nasdaq Global Market is expected to take place at the open of trading on February 21, 2024.
RUM

Hot Stocks

09:07 EST Rumble says Second Circuit to hear oral argument in free speech case on Friday - On February 16, the United States Court of Appeals for the Second Circuit will hear oral argument on behalf of First Amendment professor and legal blogger Eugene Volokh and social media platforms Rumble and Locals. Volokh, Rumble, and Locals are represented by attorneys from the Foundation for Individual Rights and Expression, a national free speech group. In December 2022, Volokh, Rumble, and Locals sued the state of New York after it enacted a law that forces websites to "respond [to]," "address" and "handle" protected speech that someone, somewhere finds "humiliating" or "vilifying" toward a group based on race, color, religion, or other protected categories. A federal judge ruled that New York's law was likely unlawful, and after FIRE won an injunction against the law, New York appealed to the Second Circuit.
MOBX

Hot Stocks

09:06 EST Mobix Labs awarded design win by RaGE Systems - Mobix Labs announced it has been awarded a design win by RaGE Systems that will enable critical advancements in multi-octave wideband mmWave antenna technology for applications in mmWave 5G communications, radar sensors and imaging sensor applications.
SGA

Hot Stocks

09:06 EST Saga Communications agrees to assets from Neuhoff Communications - Saga Communications announced that it has entered into an agreement to purchase the assets of WKOA, WKHY, WASK, WXXB, WASK and W269DJ from Neuhoff Communications, Inc. serving the Greater Lafayette, IN radio market. Chris Forgy, President and Chief Executive Officer of Saga Communications, said, "We regretted missing the opportunity to acquire these stations a number of years ago when the Neuhoff family acquired them. These stations are a great fit for Saga. We see a lot of opportunity with these stations and this market and are pleased that the family has decided to entrust Saga with continuing these station's long-standing heritage of serving the Greater Lafayette region. Saga intends to continue building its business in radio by identifying and acquiring middle market stations in dynamic communities."
EEFT

Hot Stocks

09:04 EST Euronet announces acquisition of Infinitium - Euronet announced the acquisition of Infinitium Holdings Pte., a digital payments company and provider of risk management and payments authentication services based in Singapore. Infinitium's products will be integrated with Euronet's Ren payments platform to provide additional protection against consumer fraud and merchant chargebacks in online transactions.
NURO

Hot Stocks

09:04 EST NeuroMetrix announces review of strategic options to promote growth - NeuroMetrix announced a process to review strategic options to promote growth of its Quell neuromodulation and DPNCheck neurodiagnostic businesses and to maximize shareholder value. The Company plans to consider a wide range of options, including changes in marketing strategies, the acquisition of new assets, potential sale of Company assets, and merger or other strategic transactions. As the Company explores these strategic options there will be no change in the Company's commercial operations. The Company has engaged Ladenburg Thalmann & Co. as its financial advisor to assist in this process. There can be no assurance that this process will result in the Company pursuing or consummating any particular transaction or other strategic outcome. The Company has not set a timetable for completion of this evaluation process and may not disclose further developments unless disclosure is appropriate or necessary.
GOVX

Hot Stocks

09:03 EST GeoVax Labs announces multiple patent issuances, allowances - GeoVax Labs announced multiple actions by global patent offices strengthening the Company's intellectual property assets. The Japanese Patent Office issued a Decision of Grant notifying GeoVax of the allowance of the Company's Patent Application No. 2022-153352 titled "Compositions and Methods for Generating an Immune Response to a Tumor Associated Antigen." The allowed claims are directed to recombinant MVA viral vectors comprising specific MUC-1 nucleic sequences used in GeoVax's MUC-1 tumor-associated antigen immunotherapy program. Pharmaceutical compositions for inducing immune responses, preventing or reducing neoplasm growth, or treating cancer are also covered by the granted claims. The U.S. Patent and Trademark Office issued Patent No. 11,896,657 to GeoVax, pursuant to the Company's patent application No. 17/584,231 titled "Replication-Deficient Modified Vaccinia Ankara Expressing Marburg Virus Glycoprotein and Matrix Protein." The allowed claims generally cover GeoVax's vector platform for expressing Marburg virus antigens in virus-like particles utilizing an MVA viral vector. The U.S. Patent and Trademark Office issued Patent No. 11,897,919 pursuant to the Company's patent application No. 17/409,574 titled "Multivalent HIV Vaccine Boost Compositions and Methods of Use." The allowed claims generally cover a priming vaccination with a DNA vector encoding multiple HIV antigens in virus-like particles, followed by a boost vaccination with GeoVax's vector platform for expressing HIV-1 antigens in VLPs utilizing an MVA viral vector.
WSTRF

Hot Stocks

09:02 EST Western Uranium & Vanadium provides strategic goals for 2024 - Western Uranium & Vanadium offers an update on its mining operations, highlighting significant achievements and outlining strategic goals for the upcoming year. The company said, "Throughout 2023, the Sunday Mine Complex project witnessed exceptional progress, exceeding expectations in various facets. Key milestones include the identification of previously unknown large ore deposits, the successful development of the GMG ore body, and the establishment of an in-house mining capability. The success at the GMG ore body is also advantageous for the DV ore body which is situated on trend beyond the GMG. Moreover, the identification of additional mineralized areas while drifting has bolstered exploration prospects that are accessible from the St. Jude Mine workings. Looking forward, the Company is gearing up to produce significant quantities of uranium and vanadium in 2025. This ambitious goal hinges on achieving a daily ore production of 500 tons, with an anticipated yield of approximately 3,000 pounds of uranium per day. A successful ramp-up would achieve the annual ore production goal of 1 million pounds of uranium and 6 million pounds of vanadium. To support these objectives, our mining team commenced the year with the expansion of infrastructure into deeper areas of the Sunday Mine Complex. The expansion encompassed electric, water, air, and phone utilities. This project facilitates simultaneous ore sourcing from separate target areas and optimizes throughput via multiple haulage pathways. Our next major target, the Leonard & Clark ore body is accessible from the West Sunday Mine and is approximately 2,700 feet away from the nearest existing underground mine area. Two alternating mining crews operating seven days a week are driving a drift which we anticipate to reach target by fall 2024. In 2024, our primary drilling objective is to define additional mining areas utilizing underground horizontal drilling. This cost-effective alternative to surface drilling aims to identify new high-value targets for mine development and support an ore resource upgrade program, defining additional resources for a NI 43-101 technical report. Notably, longhole and shorthole drilling efforts have already commenced on mineralized areas encountered while drifting to the GMG ore body. Additional drilling will target extensive unexplored areas of the project. Western is actively seeking to double our drilling capacity by adding a second drill team. Favorable market conditions in the uranium sector, characterized by increased price levels, bolster our plans to expedite mine development and enhance production capacity. Our current production ramp-up efforts are geared towards ensuring an adequate uranium feedstock supply for the Maverick Minerals Processing Plant."
LAES

Hot Stocks

09:02 EST SEALSQ Corp. expands partnership with LEGIC - SEALSQ have announced the expansion of their existing partnership where SEALSQ provides key semiconductor components for the LEGIC Security Platform. Franck Buonanno, VP of Sales commented about this partnership: "SEALSQ is proud to support leading authentication and smart access control platform solution specialist LEGIC to help them achieve the latest level of security and certification compliance with their products, while reducing deployment complexity and time-to-market."
SSRM

Hot Stocks

09:00 EST SSR Mining suspends operations at Copler mine - SSR Mining announced a suspension of operations at the Copler mine as a result of a large slip on the heap leach pad. This event occurred in the morning and all operations at Copler have been suspended as a result.
ITI

Hot Stocks

08:53 EST Iteris awarded $900,000 contract in LA for a regional smart mobility project - Iteris announced that it has been awarded a new contract by the City of Downey in Los Angeles County, California for a regional smart mobility project. Iteris Chosen to Support Intelligent Transportation Systems Project in Los Angeles County he five-month, nearly $900,000 contract was awarded under the Downey Citywide Bus Signal Priority Project and will involve the installation of technology to enable buses to request priority at signalized intersections. This initiative will help the Downey LINK transit system keep their buses moving and transporting riders on time, while helping to improve traveler throughput at each intersection.
PBYI

Hot Stocks

08:51 EST Puma inititates ALISCA-Lung1 Phase II trial of Alisertib in SCLC - Puma Biotechnology announced the initiation of its ALISertib in CAncer or ALISCA-Lung1, Phase II trial or PUMA-ALI-4201; NCT06095505, of alisertib monotherapy for the treatment of patients with extensive stage small cell lung cancer. The ALISCA-Lung1 trial will enroll up to 60 patients with extensive stage small cell lung cancer who have progressed on or after first-line platinum-based chemotherapy and immunotherapy. Patients must provide tissue specimens so that biomarkers can be analyzed. Alisertib is dosed at 50 mg BID on days 1-7 of every 21-day cycle. The primary endpoint of the trial is objective response rate, with secondary endpoints of duration of response, disease control rate, progression-free survival and overall survival. Puma will also be looking at each of these endpoints within selected pre-specified biomarker subgroups and will assess whether there is enhanced efficacy in any biomarker subgroup. Puma will be performing its biomarker analysis of the ALISCA-Lung1 trial in parallel with the execution of the clinical trial. Puma plans to perform an initial interim analysis for the evaluation of the biomarkers as well as an evaluation of efficacy. Based upon the outcomes of the study, Puma anticipates meeting with the U.S. Food and Drug Administration to explore the potential for an accelerated approval pathway for alisertib in small cell lung cancer. "
MAR

Hot Stocks

08:48 EST Marriott sees FY24 capital return to shareholders $4.1B-$4.3B
EQS

Hot Stocks

08:48 EST Equus II Inc subsidiary Morgan E&P completes two horizontal wells - Equus Total Return announced that Morgan E&P, a wholly-owned subsidiary of Equus, has completed its first two wells in Billings County, North Dakota, the Baranko 1-28H and the Obrigewitch 1-33H. Both wells, along with construction of production facilities, were completed by the end of November. Morgan drilled both wells into their target zones of the Middle Bakken, with the Baranko achieving a total depth of 19,920 feet and the Obrigewitch achieving a total depth of 21,356 feet. The wells were completed with 60-stage fracture stimulations.
AIP

Hot Stocks

08:47 EST Arteris announces EdgeQ deployed FlexNoC IP - Arteris announced that EdgeQ has deployed Arteris' FlexNoC network-on-chip, NoC, IP on its revolutionary 5G and AI-driven Base Station-on-a-Chip. The scalable and adaptive EdgeQ platform targets communications for both small-cell and macro-cell applications in a software-defined manner. This scalable architecture packs high throughput performance across a large set of concurrent users, within a compact power envelope.
NEOV

Hot Stocks

08:46 EST NeoVolta books over $1M in gross revenue for Q4 - NeoVolta booked over $1M in gross revenue for the fourth quarter, marking a tremendous 80% growth year-over-year with Gross Margins topping 20%, in a year where many feared the negative impacts of California's Net Energy Metering 4 on solar sales. "We experienced a strong rebound in revenue now that the impact of NEM3, which went into effect April 14, 2023, is being understood. New installers are being trained, and opportunities outside of California are being explored and courted," said Brent Willson, CEO at NeoVolta Inc. "Additionally, NeoVolta has seen a significant increase in solar installer applications for certifications in the past several months," Willson added.
MAR

Hot Stocks

08:45 EST Marriott sees higher RevPAR growth in international vs. U.S. and Canada in FY24
FMST

Hot Stocks

08:45 EST Foremost Lithium announces start of drill program at Zoro Lithium Project - Foremost Lithium Resource & Technology confirmed that it has commenced drilling on it's Zoro Lithium Property located in the Snow Lake region of Manitoba. The Company has received a multi-year work permit for its Zoro Property from the Mining Permit Office of the Manitoba Government, valid until April 26th of 2026, which will improve future corporate administration flow, increase consistency with other application processes, and will ease future long-term drill and exploration programs on the property. This drill program has been partially funded from a $300,000 grant awarded to the Company by The Manitoba Mineral Development Fund in January of 2024. Jason Barnard, President and CEO of Foremost Lithium, said: "Our maiden resource at our Dyke 1 remains our high priority target with the potential for significant resource expansion beyond its current estimates. Given the fact that we have received a multi-year permit, we have time on our side to build tonnage and resource. Our Zoro Property has 16 proven spodumene bearing lithium pegmatite dykes. This is an ideal opportunity to get those drills turning and hit some great intersections to create great new catalysts for our Company and shareholders, regardless of current market conditions."
MAR

Hot Stocks

08:44 EST Marriott CFO: January RevPAR up 7% globally
REBN

Hot Stocks

08:44 EST Reborn Coffee partners with pet fashion brand Sgt. Puppa - Reborn Coffee announced a strategic partnership with pet fashion brand Sgt. Puppa, to feature a specially curated selection of pet attire and accessories at the Reborn Pet Social Cafe set to open in Pasadena, CA in May 2024. Under the partnership agreement, the Reborn Pet Social Cafe, set to open in Pasadena in May 2024, will feature a specially curated selection of Sgt. Puppa's pet fashions and accessories alongside Reborn's renowned coffee offerings. "Our collaboration with Sgt. Puppa is a fusion of specialty coffee culture and pet companionship, curated to enhance social interactions," said Jay Kim, CEO of Reborn Coffee. "The enthusiastic response to our Reborn Pet Social Cafe announcement has motivated us to elevate this concept with Sgt. Puppa's exclusive product line, aiming to significantly boost sales. Our pop-ups have already started to generate high sales, indicating strong market demand and customer interest in this novel concept. The early success of these pop-up shops underscores the potential for this venture to become a significant revenue source, leveraging the highly engaged and lucrative pet owner demographic to boost sales further."
MAR

Hot Stocks

08:42 EST Marriott: Industry fundamentals are 'outstanding'
RGF

Hot Stocks

08:42 EST Real Good Food announces international expansion into Canadian Club Channel - The Real Good Food Company announced the national launch of its refrigerated burritos into the Canadian club channel - marking the Company's first international sales. Bryan Freeman, Executive Chairman of The Real Good Food Company, said: "Our mission is to make people's favorite foods more nutritious, and we are thrilled to launch our low carb burritos to consumers across Canada. This highly incremental distribution win addresses the demands of Canadian consumers, who have continuously requested we launch in their region. While we are starting our initial rollout in Canada with our burritos, we will seek to further grow the depth of our Canadian penetration with other products over time."
CSPI

Hot Stocks

08:42 EST ARIA Cybersecurity signs reseller agreement for AZT PROTECT - ARIA Cybersecurity Solutions has partnered with one of the world's top-three cybersecurity solution integrators to accelerate adoption of ARIA's unique solution for securing operational technology environments - AZT PROTECT. This new agreement represents a major endorsement for AZT PROTECT as the industry's leading solution for protecting critical infrastructure in sectors such as manufacturing, pharmaceuticals, energy, and utilities. The leading cybersecurity advisory firm and reseller, which serves around 6,000 companies worldwide, added AZT PROTECT to its portfolio after identifying a gap in its offering for OT customers. Thanks to this new agreement, it can now offer an integrated solution for OT environments that offers protection against the most advanced zero-day and supply chain attacks, responding to the rapidly growing number of successful cyberattacks targeting critical infrastructure. It will add the new offering to their existing range of managed monitoring and professional services.
MAR

Hot Stocks

08:41 EST Marriott sees FY24 net rooms growth of 5.5%-6% - Comments taken from Q4 earnings conference call.
LNTH

Hot Stocks

08:41 EST Lantheus announces collaboration with a NIA-sponsored study called CLARiTT - Lantheus announced a collaboration agreement with a National Institute on Aging, NIA,-sponsored study called the Consortium for Clarity in ADRD Research Through Imaging, CLARiTT. This agreement enables the consortium to use MK-6240, Lantheus' clinical-stage F18-labeled Positron Emission Tomography imaging agent, in its investigation of Alzheimer's disease and related dementias. MK-6240 targets aggregated tau protein in the form of neurofibrillary tangles which are a hallmark of several neurodegenerative diseases, including Alzheimer's disease. "MK-6240 is poised to play a pivotal role in propelling Alzheimer's diagnosis and treatment research to new heights," said Jean-Claude Provost, MD, Chief Medical Officer, Lantheus. "This agreement aligns with Lantheus' purpose to actively cultivate collaborations that empower researchers worldwide with essential tools to accelerate clinical research and development of therapies. In an era defined by an unprecedented number of Alzheimer's diagnoses, the CLARiTI study represents a significant milestone in Alzheimer's research, with the potential to change the trajectory of this degenerative disease."
PTIX

Hot Stocks

08:41 EST Protagenic completes first dose escalation step in Phase I trial of PT00114 - Protagenic Therapeutics announced a step forward in its mission to address stress-related neuro-psychiatric disorders. The company has completed the first dose escalation step in the Phase I safety clinical trial for PT00114, its pioneering brain peptide compound. The compound has been extensively tested in models of anxiety, depression, PTSD and addiction before entering its present clinical trial. Key Highlights: Safety Validation: PT00114 has demonstrated safety at a low dose of 125 micrograms in the initial cohort of patients, with zero reported adverse reactions among subjects. There were no injection site reactions nor any tolerability matters amongst the subjects over a 30-day observation period. Clinical Protocol Progress: This is a step in the ongoing Phase I/IIa trial, which is designed to evaluate both healthy volunteers and patients diagnosed with Treatment-Resistant Depression, PTSD, and Generalized Anxiety Disorder. The company looks forward to welcoming additional cohorts into the trial. Comprehensive Approach: In addition to monitoring disease status, the trial incorporates biomarker assessments, including circulating cortisol levels, to gauge initial treatment response. Strategic Collaboration: Axiom Real-Time Metrics, a CRO/Data Analytics firm, is partnering with Protagenic in managing the clinical program. Expert Insights: Dr. Maurizio Fava, Principal Investigator in Protagenic's Phase I/IIa clinical trial, emphasized the urgent need for novel therapeutics in addressing stress-related disorders: "Stress-related disorders are at an all-time high, and I am excited by the possibility of a novel mechanism which may help a population of patients greatly in need of new therapeutics."
DYAI MRVI

Hot Stocks

08:40 EST Dyadic, Cygnus announce partnership to provide C1 HCP ELISA Assay - Dyadic International (DYAI) and Cygnus Technologies, part of Maravai LifeSciences (MRVI), announced a strategic partnership for the quantification of Host Cell Proteins from the proprietary and patented C1-cells filamentous fungus Thermothelomyces heterothallica. Under the terms of the partnership agreement, Cygnus has developed the C1 HCP ELISA Kit, which will be made available to Dyadic and Cygnus customers. Mark Emalfarb, CEO of Dyadic, commented, "I can't stress enough the significance of our partnership with Cygnus, the C1 HCP assay provides adopters of our C1 microbial production platform a solution for testing C1 HCP impurity during product lot release testing, thereby enhancing the quality assurance process in biomanufacturing. The biopharmaceutical industry demands a fast, efficient, and reliable method for monitoring HCPs during manufacturing to ensure the delivery of safe and efficacious products in a cost-effective manner. Our collaboration with Cygnus resulted in the development of a first-in-class C1 HCP ELISA assay, making a significant step toward greater adoption of the C1 technology globally."
AREC

Hot Stocks

08:39 EST American Resources' Novusterra enters partnership with Kenai Defense - American Resources Corporation announced that their affiliated company, Novusterra announced that the United States Army will be using its patented technology to develop greater protection of sensitive technologies. Through this collaborative partnership between Novusterra, Texas Tech University, and under subcontract with Kenai Defense, the parties will further develop Novusterra's patents for the production of carbon nanostructures and graphene utilizing coal as its primary, low-cost feedstock for next-generation defense applications.
TKO BRCC

Hot Stocks

08:39 EST TKO Group, BRC Inc. announce multi-year marketing partnership - UFC, part of TKO Group (TKO), and Black Rifle Coffee Company (BRCC) announced a new multi-year marketing partnership. With the sponsorship, BRCC will bring its brand to fans at UFC's biggest U.S. events, featuring on-site presence, broadcast integration, custom digital and social content, and more. This new agreement will entitle BRCC to be featured in every UFC event in the United States.
PALI

Hot Stocks

08:39 EST Palisade Bio provides corporate update, reiterated upcoming milestones - Palisade Bio provided a corporate update and reiterated upcoming milestones. Recent Highlights: The formation of the Company's Clinical Advisory Board and the appointments of preeminent Key Opinion Leaders, Bruce Sands, MD, MS and Floria Rieder, MD; The exercise of outstanding common stock warrants resulting in gross proceeds of $2.5 million; Presentation of positive preclinical data of lead asset, PALI-2108, at the 2024 Crohn's & Colitis Congress; and Receipt of the second milestone payment to our joint development partner, Giiant Pharma, from the US Crohn's and Colitis Foundation, through its Inflammatory Bowel Disease Ventures program. Upcoming Milestones: Ongoing IND/CTA-enabling tox studies; Complete nonclinical IND/CTA-enabling activities by the end of the third quarter of 2024; Submit initial IND/CTA prior to the end of 2024; and Initiate Phase 1a/b before the end of 2024.
MMAT

Hot Stocks

08:38 EST Meta Materials regains compliance with Nasdaq listing requirements - Meta Materials received notice from The Nasdaq Stock Market that the Company regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Consequently, the previously scheduled hearing was cancelled by the Nasdaq Hearings Panel. The Company is currently in full compliance with Nasdaq listing requirements.
SBET

Hot Stocks

08:37 EST SharpLink Gaming completes domestic merger with SharpLink Gaming - SharpLink Gaming announced that effective , February 13, 2024, SharpLink Israel has completed its previously announced change of jurisdiction of incorporation from Israel to the State of Delaware through an agreement and plan of merger with SharpLink Gaming. Pursuant to the Merger Agreement, which was approved by shareholders at an Extraordinary Meeting of Shareholders held on December 6, 2023, SharpLink Merger Sub Ltd., an Israeli company and a wholly owned subsidiary of SharpLink US, has merged with and into SharpLink Israel, with SharpLink Israel surviving the merger and becoming a wholly owned subsidiary of SharpLink US. SharpLink US's common stock will commence trading on the Nasdaq Capital Market under the same trading symbol, SBET, effective at the market open tomorrow, February 14, 2024. The new CUSIP number for SharpLink US' common stock is 820014108.
OMF

Hot Stocks

08:36 EST OneMain appoints Jenny Osterhout as CFO and Micah Conrad as COO - OneMain appointed Jenny Osterhout as the company's CFO and Micah Conrad as the company's COO, both effective March 31. Osterhout currently serves as the company's Chief Strategy Officer, and Conrad currently is the company's CFO. Osterhout joined OneMain in January 2020 and has served as Chief Strategy Officer since November 2020. Before joining the company, she held a number of positions at BNY Mellon, including as CFO of its $1.2T Investment Management Group, as well as Head of all BNY Corporate Development. Conrad joined OneMain in 2013 and has served as the Company's CFO since 2019. Prior to his time at OneMain, Conrad was a managing director at Citigroup and served in a variety of senior roles within Citi Holdings, Global Wealth Management and Institutional Clients Group. Conrad will succeed the company's current COO, Rajive Chadha, who will step down on March 31, 2024, and transition to a Senior Advisor role.
LPLA

Hot Stocks

08:36 EST LPL Financial to acquire Atria Wealth Solutions, terms not disclosed - LPL Financial Holdings announced that the firm has entered into a definitive purchase agreement to acquire Atria Wealth Solutions, a wealth management solutions holding company headquartered in New York. Atria supports approximately 2,400 advisors and 150 banks and credit unions, managing approximately $100 billion of brokerage and advisory assets. Established in 2017, Atria operates a network of broker-dealer subsidiaries focused on supporting independent financial advisors and institutions nationwide. As part of the agreement, Atria will transition its brokerage and advisory assets currently custodied with its network of broker-dealers to the LPL platform. The broker-dealers include two with a focus on supporting banks and credit unions - CUSO Financial Services and Sorrento Pacific Financial - and five that support independent financial professionals - Cadaret Grant, NEXT Financial Group, SCF Securities, Western International Securities and Grove Point Financial. The purchase agreement was signed on Feb. 12, 2024. We expect to close the transaction in the second half of 2024, and the conversion is expected to be completed in mid-2025, subject to receipt of regulatory approval and other conditions.
EOSE

Hot Stocks

08:35 EST Eos Energy achieves 'Power On' status of motion systems in manufacturing line - Eos Energy Enterprises announced that it achieved "Power On" status of all motion systems on its first state-of-the-art manufacturing line and expects to record revenue of $6.6 million for the fourth quarter, a 148% increase versus fourth quarter 2022. Full year 2023 revenue is expected to be $16.4 million as the Company transitioned manufacturing to the Eos Z3TM Cube and ramped up its semi-automated manufacturing facility. As a result of this transition, full year 2023 gross margin is expected to improve by 30% to 50% over the prior year. The Company had an ending cash balance of $69.5 million and an orders backlog of $534.8 million as of December 31, 2023.
HCA

Hot Stocks

08:35 EST HCA Healthcare promotes Michael McAlevey to chief legal, administrative officer - HCA Healthcare announced that Michael McAlevey, senior vice president and chief legal officer, will be promoted to executive vice president - chief legal and administrative officer.
SMRT

Hot Stocks

08:34 EST Stockholder urges SmartRent to address strategy, governance mattters - Harris Heyer and Michael Holder, partners of 10th Mountain Management, as investment managers to Scout Fund I, LP, which is a beneficial stockholder of SmartRent, issued the following open letter to the SmartRent Board of Directors, Lucas Haldeman, Chairman & CEO, and all shareholders. The letter stated, in part, "Dear Members of the Board, Mr. Haldeman, and SmartRent shareholders, Since merging with Fifth Wall Acquisition Corp. I, SmartRent's shares have plunged more than 70%1. We believe this alarming decline reflects investor disappointment, confusion, and skepticism. We are troubled by management's downplay of new unit deployments, and their insufficient efforts to address valid concerns, whether due to poor communication or deliberately avoiding discussion of worrying trends. Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel. Management ignored our repeated requests for a phone call to discuss these matters. The optics are terrible. We are calling on SmartRent's management team and Board to promptly address and clarify the unresolved issues, and we urge fellow shareholders to do the same."
CLVR

Hot Stocks

08:33 EST Clever Leaves, Paradise Seeds develop, register genetic assets in Colombia - Clever Leaves announced that through its partnership with award-winning Dutch seed bank, Paradise Seeds, to develop and register high performance cannabis cultivars in Colombia, Clever Leaves will have exclusive license to cultivate some of these genetics, while Paradise will make other cultivars available to third parties for cultivation across Colombia and Latin America. The two companies have already begun rigorous selection, phenotyping, and agronomic trials of several Paradise varieties at Clever Leaves' facility in order to register market-leading cultivars for production and commercialization. "Our partnership with Paradise, a company renowned for strains that have won multiple awards-including the High Times Cup, Highlife Cup, and Plant of the Year-represents an immense opportunity to expand Clever Leaves' global footprint through the registration of Paradise's genetics. By combining Paradise's renowned strains with the knowledge and capabilities Clever Leaves has built in Colombia, we can strengthen our portfolio and export new strains to countries where medical cannabis is allowed," said Andres Fajardo, CEO of Clever Leaves.
BTM

Hot Stocks

08:33 EST Bitcoin Depot completes purchase of roughly 400 additional bitcoin ATMs - Bitcoin Depot announced the completion of a purchase of roughly 400 additional Bitcoin ATM kiosks, which the Company plans to deploy by the end of Q1 2024. To date, in 2024, Bitcoin Depot has committed to a total purchase of 900 kiosks between this purchase of 400 kiosks, and the previously announced 500 kiosk order. Bitcoin Depot intends to have the largest installed fleet of Bitcoin ATMs in its history, with roughly 8,000 kiosks installed by the end of 2024.
SIEN

Hot Stocks

08:32 EST Sientra to pursue sale of business through voluntary Chapter 11 process - Sientra filed for Chapter 11 protection in the United States Bankruptcy Court for the District of Delaware on February 12, 2024. The Company further disclosed that it intends to pursue a sale of its business under Section 363 of the Bankruptcy Code, while continuing to support its customers during the Chapter 11 process. The Company seeks to execute an expedited sale process. Sientra will utilize existing cash reserves and $22.5 million in new money debtor-in-possession financing from existing lenders to facilitate the sale and support ongoing Company operations. The debtor-in-possession financing will also include a "roll up" of $67.5 million of Sientra's prepetition debt obligations. The Company will continue to operate its business during this process.
COYA

Hot Stocks

08:31 EST Coya expands patent estate beyond COYA 302 for inflamation reduction - Coya Therapeutics has expanded and strengthened its patent estate beyond COYA 302, which is a combination of COYA 301 with CTLA-4 Ig. This license with UNeMed Corporation or UNeMed , the Technology Transfer Office of University of Nebraska Medical Center, covers the combination of COYA 301 with GM-CSF and additional immune analogues and provides a next generation approach with a novel combination to synergistically modulate and reduce inflammation. UNeMed will receive payments upon achievement of certain milestones and will be eligible to receive tiered low single-digit royalty on net sales. "We believe that COYA 301 is ideally situated to serve as a backbone drug in combination with other biologics that synergistically modulate the immune system and represent next generation approaches to treating inflammatory disorders, which are driven by complex and multi-factorial pathways. Enhancing Treg activity with COYA 301 in combination with GM-CSF and additional immune analogues creates yet another novel biologic combination in addition to Coya's lead asset, COYA 302 and expands optionality and potential partnerships," stated Arun Swaminathan Ph.D., Chief Business Officer. ..Michael Dixon, Ph.D., President and CEO of UNeMed, noted, "This agreement with Coya can potentially bring new therapies to patients suffering from neurodegenerative conditions. Coya's foundation and progress in low-dose IL-2 research makes them an ideal company to leverage our findings to date."
ENSC

Hot Stocks

08:31 EST Ensysce Biosciences announces exercise of warrants for $4.7M in gross proceeds - Ensysce Biosciences announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 3,601,752 shares of common stock of the Company originally issued in May 2023, having an exercise price of $3.637 per share, at a reduced exercise price of $1.31 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1. The gross proceeds to the Company from the exercise of the warrants are expected to be approximately $4.7 million, prior to deducting placement agent fees and estimated offering expenses. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. In consideration for the immediate exercise of the warrants for cash, the Company will issue new unregistered warrants to purchase shares of common stock. The new warrants will be exercisable for an aggregate of up to 7,203,504 shares of common stock, at an exercise price of $1.06 per share and will be immediately exercisable upon issuance. 3,601,752 of the new warrants will expire on May 12, 2028, and 3,601,752 of the new warrants will have a term of eighteen months from the issuance date. The offering is expected to close on or about February 14, 2024, subject to satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for activities related to preparation for Phase 3 clinical studies for its lead agent PF614, to repay the remaining amounts on the debt incurred in October and November 2023, and for general corporate purposes.
PRSO

Hot Stocks

08:29 EST Peraso says Jaguar Wave Technology begins live field trials of radio system - Peraso announced that Jaguar Wave Technology has begun live field trials of a 60 GHz mmWave radio system on a major Chinese railway system in central-western China. Jaguar Wave's JW-TAU6002 radio utilizes Peraso's X720 chipset to provide up to 2 Gbps high speed data communication as the train approaches within 1km of the station. Designed specifically for Fixed Wireless Access products, the X720 operates over the entire 57-71 GHz unlicensed band with unmatched transmit output power and avoids the impact of atmospheric absorption that can often limit range.
NNOX

Hot Stocks

08:29 EST Nano-X Imaging receives FDA clearance for HealthFLD - Nano-X Imaging announced that its deep-learning medical imaging analytics subsidiary, Nanox AI, received 510(k) clearance by the U.S. Food and Drug Administration for HealthFLD. HealthFLD is intended to support clinicians in the detection of fatty liver, correlated with hepatic steatosis, an early sign of metabolic dysfunction-associated steatotic liver disease, formerly referred to as non-alcoholic fatty liver disease. "We are proud to offer HealthFLD as the third product of Nanox AI's suite of cutting-edge, AI-powered population health solutions designed to confront chronic diseases of great public health concern head-on and potentially improve health outcomes," said Erez Meltzer, Chief Executive Officer of Nanox. "Furthermore, we believe that AI innovative solutions, and specifically HealthFLD, may deliver substantial advantages to the biopharmaceutical industry to streamline the identification of candidates for clinical trials of much-needed therapies for liver diseases including MASH. This regulatory decision solidifies our leadership as a developer of automated AI software medical devices."
ZAPP

Hot Stocks

08:28 EST Zapp EV secures commitment of up to $10M for i300 Electric Urban Motorcycle - Zapp Electric Vehicles Group announced it has entered into a standby equity purchase agreement with an affiliate of Yorkville Advisors Global. Zapp EV will use proceeds from the transaction primarily to start the production and commercial rollout of the i300, the brand's high-performance electric urban motorcycle. The Company anticipates making initial deliveries of the i300 in Europe in the months ahead, followed by commercial launch of the i300 in Asian markets in late 2024. Per the SEPA, the Investor has agreed to advance $1.5 million to Zapp in two tranches once conditions precedent have been met, including the filing of the Company's Annual Report on Form 20-F for the fiscal year ended September 30, 2023 and the filing and effectiveness of an SEC registration statement registering the resale of shares issuable under the SEPA. Thereafter, subject to certain limitations, Zapp EV will have the right, but not the obligation, in its sole discretion, to issue and sell to the Investor up to a further $8.5 million worth of its ordinary shares, based on the Company's funding requirements and evolving share price during the three-year period following effectiveness of an applicable SEC registration statement.
NNAG

Hot Stocks

08:28 EST 99 Acquisition Group, Nava Health enter merger agreement - Nava Health MD and 99 Acquisition Group have entered into a definitive merger agreement. Upon closing the proposed transaction, 99 Acquisition will be renamed Nava Health MD, Inc. and expects to remain listed on the Nasdaq Stock Market. Nava Health uses AI-powered technology, proprietary data and automation to drive the continuous optimization of Nava Health's backend systems, front end client support and medical outcomes. Nava Health's Customized Vitality Plans factor in medical history, proprietary Q&A data and advanced diagnostics to generate personalized treatment plans, reducing manual workload and empowering patients. Nava Health's revenue has grown from $6.7 million in 2021 to approximately $24.8 million in 2023. The revenue for 2023 grew approximately 81% when compared to 2022 revenue, with Adjusted EBITDA growth of approximately 173% in 2023. Additionally, Nava Health saw an approximate 62% increase in total appointments in 2023, with an approximate 12% increase in revenue per appointment. 99 Acquisition has entered into a Merger Agreement with Nava Health, dated February 12, 2024, pursuant to which 99 Acquisition will acquire 100% of the equity securities of Nava Health, with Nava Health becoming a wholly-owned subsidiary of 99 Acquisition. In exchange for their equity securities, the shareholders of Nava Health will receive an aggregate number of shares of common stock of 99 Acquisition having a total value equal to $320 million at the closing of the proposed transaction. The proposed transaction has been approved by the boards of directors of Nava Health and 99 Acquisition. The proposed transaction is subject to approval by the stockholders of 99 Acquisition and the shareholders of Nava Health, as well as the satisfaction or waiver of other customary closing conditions, including a registration statement on Form S-4 containing a proxy statement/prospectus being filed with and declared effective by the U.S. Securities and Exchange Commission. Any cash remaining on the combined company's balance sheet at the closing of the proposed transaction, after any potential shareholder redemptions and the settlement of transaction-related expenses, is expected to be utilized by the combined company for working capital, growth, and other general corporate purposes. The proposed transaction is expected to be completed in the second quarter of 2024.
MGTX JNJ

Hot Stocks

08:26 EST MeiraGTx announces $50M milestone from Janssen Pharmaceuticals - MeiraGTx Holdings (MGTX) announced the achievement of the first milestone under the asset purchase agreement the Company entered into with Janssen Pharmaceuticals, a Johnson & Johnson company (JNJ), in December 2023 relating to bota-vec for the treatment of XLRP. "We are very happy to announce that the LUMEOS extension study has been initiated, which triggered the $50 million milestone payment to MeiraGTx under the asset purchase agreement with J&J," said Alexandria Forbes, Ph.D., president and chief executive officer of MeiraGTx. Agreements related to bota-vec: MeiraGTx anticipates receiving an additional $15 million in near-term milestone payments later in 2024; The Company will receive up to a further $285 million upon first commercial sales of bota-vec in the U.S. and EU and for manufacturing technology transfer; MeiraGTx also entered into a commercial supply agreement with J&J for bota-vec manufacturing, which the Company anticipates will generate additional revenue during the product launch.
MGRX

Hot Stocks

08:25 EST Mangoceuticals offers one year supply of Mango ED to San Francisco players - Mangoceuticals will offer a free one-year supply of its "Mango" erectile dysfunction product to the San Francisco players and coaches to raise spirits following Sunday's Big Game loss, ensuring they can still perform in the bedroom after losing on the field. MangoRx is committed to helping men tackle hard issues. In addition to offering the losing team players the opportunity to score, fans can also get in on the fun with a special discount code equal to 3 free Mango pills, the game's point difference. Fans can use the code "SB58", now available through February 29, 2024.
PHAT

Hot Stocks

08:25 EST Phathom announces VOQUEZNA tablets added to Express Scripts - Phathom Pharmaceuticals announced the placement of VOQUEZNA tablets for the treatment of adults with Erosive Esophagitis, commonly referred to as Erosive GERD, and relief of heartburn associated with Erosive Esophagitis on the Express Scripts national formularies, effective immediately. VOQUEZNA is the first and only FDA-approved potassium-competitive acid blocker, PCAB, and the first new class of Erosive GERD treatment to become available in the United States in over 30 years. Commercial access for VOQUEZNA tablets is now estimated at 60 million covered lives in the United States. "We are thrilled to announce VOQUEZNA has been added to Express Scripts' national formularies, highlighting one of the largest pharmacy benefit management companies in the U.S. is now providing millions of patients the potential for immediate access to our novel treatment for Erosive GERD," said Martin Gilligan, Chief Commercial Officer of Phathom. "This formulary placement aligns with our expectations of offering broad access with a single step through a generic proton pump inhibitor. Given that most Erosive GERD patients have already undergone treatment with a PPI, and many continue to express dissatisfaction with their current regimens, we are pleased with this outcome. Additionally, we are actively engaging with the other major PBMs and health plans to further increase coverage and ensure that patients suffering from Erosive GERD have widespread access to VOQUEZNA."
BAYRY

Hot Stocks

08:23 EST Bayer, AskBio announce first patient randomized in Phase II gene therapy trial - Bayer AG and Asklepios BioPharmaceutical announced that the first patient has been randomized in GenePHIT, a Phase II trial of AB-1002 for the treatment of congestive heart failure. GenePHIT is an adaptive, double-blind, placebo-controlled, randomized, multicenter trial to evaluate the safety and efficacy of a single intracoronary infusion of AB-1002 in adults with non-ischemic cardiomyopathy and New York Heart Association Class III heart failure symptoms who have been medically stable for at least four weeks. This milestone in the development of AB-1002 for the treatment of CHF potentially brings this investigational therapy one step closer to treating patients with high unmet medical need.
TDY

Hot Stocks

08:23 EST Teledyne acquires industrial and scientific camera firm Adimec, no terms - Teledyne Technologies announced that it has entered into an agreement to acquire Adimec Holding and its subsidiaries or Adimec... "Adimec possesses uniquely complementary technology, products and customers in the shared strategic focus areas of healthcare, global defense, and semiconductor and electronics inspection," said Edwin Roks, Chief Executive Officer of Teledyne. " Adimec co- Chief Executive Officer, Alex de Boer added, "As a leader in advanced imaging technologies for industrial and scientific markets, Teledyne is the perfect company to build further on the strong foundation the founders and management have established over the past three decades. The entire Adimec team is looking forward to contributing to an exciting future with Teledyne while extending technical boundaries to support our customers with cameras - perfectly optimized to their application needs."
TNXP

Hot Stocks

08:22 EST Tonix Pharmaceuticals announces engagement of Rho as CRO - Tonix Pharmaceuticals announced that it has engaged Rho, a global contract research organization, CRO, to support Tonix's preparation and planned submission of its New Drug Application, NDA, to the U.S. Food and Drug Administration, FDA, for the approval of Tonmya for the management of fibromyalgia. "We are excited by our most recent positive Phase 3 study results of Tonmya and look forward to Rho's support in preparing our NDA," said Seth Lederman, M.D., President and Chief Executive Officer of Tonix Pharmaceuticals. "We intend to meet with the FDA in the first half of this year and to submit our NDA in the second half of the year. We believe we have completed all development work required for the NDA, including CMC requirements and the completion of two positive Phase 3 studies."
REED

Hot Stocks

08:21 EST Reed's announces limited waiver, amendment with secured note holder - Reed's has entered into a Limited Waiver, Deferral and Amendment and Restatement Agreement with its senior secured convertible note holders and closed on a $3.8 million SAFE with certain stockholders and affiliates. The SAFE proceeds are intended by Reed's to serve as a backstop to a planned public offering by Reed's of subscription rights to its existing stockholders of record for aggregate gross proceeds of up to $6 million. The SAFE converts into the next equity financing of Reed's on the same terms and conditions as other subscribers. Subscription rights of each SAFE investor will be considered exercised to the extent the SAFE proceeds cover the aggregate exercise price of such rights. Subject to satisfaction of terms and conditions set forth in the Amendment, the holders of the Company's 10 % Secured Convertible Notes have agreed to waive certain defaults under the notes, rescind their right to receive certain amortization payments through March 31, 2024, amend and restate certain provisions of the notes, and permit the Company to satisfy a portion of the outstanding accrued fees under the notes through payment of $132,430 in cash and the issuance of common stock at a value per share equal to the lesser of $1.50 or the per share price of securities issued in the rights offering. The remaining balance of any outstanding accrued fees under the notes will be satisfied by increasing the principal amount of the amended and restated Notes.
GNSS

Hot Stocks

08:21 EST Genasys announces State of Utah's DOC selected Genasys Protect CONNECT - Genasys announced the State of Utah's Department of Corrections, DOC, has agreed to a multi-year contract for Genasys Protect CONNECT. "We are proud to support our critical law enforcement partners for the state of Utah," said Chief Jeff Halstead, CONNECT Director of Strategic Accounts. "CONNECT will provide the capacity to increase efficiency, improve the safety of DOC employees, and provide additional services to all DOC public safety partners."
DLHC

Hot Stocks

08:20 EST DLH Holdings to provide information technology services at NIDA - DLH Holdings has been awarded a contract to continue providing information technology services for the National Institutes of Health's National Institute on Drug Abuse. NIDA is the lead federal agency supporting scientific research on drug use and addiction. The new award extends a partnership that began with DLH's first contract with NIDA in 2014. The contract includes a base period of one year with four one-year options, for a total value of approximately $23 million. Through this award, DLH will provide a host of information technology services for NIDA, including managing the operations of an integrated advanced clinical/research informatics series of systems which enables researchers to share data and resources in real time. Additionally, the Company will be responsible for the research, design, development, and maintenance of clinical and scientific informatics, Intranet applications, and public web pages, as well as IT infrastructure and desktop support. This work is 100% NIH funded.
LOCO

Hot Stocks

08:19 EST El Pollo Loco appoints Liz Williams as CEO, Director - El Pollo Loco announced that its Board of Directors has appointed Elizabeth Williams as the Company's new Chief Executive Officer, CEO, and as a member of its Board of Directors, effective March 11, 2024. Williams will succeed Maria Hollandsworth, who has served as the Company's interim Chief Executive Officer since November 3, 2023. Hollandsworth has been appointed as President of El Pollo Loco and will also continue to serve as the Company's Chief Operating Officer. Most recently, Williams served as the Chief Executive Officer of Outfox Hospitality, parent company of Foxtrot, a high-growth modern cafe and convenience store, and Dom's Kitchen and Market.
RAPT

Hot Stocks

08:18 EST Rapt Therapeutics appoints Nipun Davar as SVP, technical operations - RAPT Therapeutics announced the appointment of Nipun Davar, Ph.D., as Senior Vice President of Technical Operations. Most recently he served as Chief Corporate Officer at Astex Pharmaceuticals.
TKLF

Hot Stocks

08:18 EST Yoshitsu issues 2024 letter to shareholders - Yoshitsu announced that Mei Kanayama, the Principal Executive Officer of the Company, has issued a letter to shareholders highlighting the Company's recent accomplishments and plans for 2024. "As we embrace the post-pandemic resurgence of our business, it is my privilege to reflect on our journey and chart the course for an exhilarating 2024. The past year has been a transformative period for Yoshitsu, filled with both challenges and milestones that have shaped our journey. The year 2023 was a testament to our business resilience and adaptability... Our expansion into the United States and Europe through the establishment of Tokyo Lifestyle Holding Inc. in Delaware and REIWATAKIYA BOS LLC in Massachusetts, and the launch of our direct-sale store in Seattle and the REIWATAKIYA flagship store in London, marked significant milestones in our mission to bring the essence of Japanese craftsmanship to the global audience. Our financial performance in the first six months of fiscal year 2024 has been a testimony to our strategic progress and operational excellence....As we step into 2024, our vision is clear and our resolve is unwavering. We are poised to amplify our brand presence, particularly in the United States, Canada, and the United Kingdom, catering to the burgeoning global demand for premium Japanese products... Our primary focus in 2024 will be on brand expansion, particularly in the United States. We plan to open more flagship stores, offering an unparalleled shopping experience that showcases the essence of our brand... In line with our vision to weave our brand into the global fabric, we plan to fortify our alliances with renowned enterprises in 2024 to reinforce our sales network and catapult our brand to new heights. The coordinated forces are expected to amplify our market presence and enhance our brand influence worldwide, stocking up our resources to tap into new markets... As we embark on this exciting journey in 2024, I am confident that with our focus on strategic initiatives, dedication to innovation, and commitment to excellence, Yoshitsu is positioned well to reach new heights and achieve unprecedented success."
LCTX

Hot Stocks

08:17 EST FDA clears Lineage's INDa for OPC1 cell transplant for the treatment of SCI - Lineage Cell Therapeutics announced the clearance, by the U.S. Food and Drug Administration FDA, of its Investigational New Drug amendment NDa for OPC1, an investigational allogeneic oligodendrocyte progenitor cell transplant for the treatment of spinal cord injury SCI . Pursuant to the INDa, Lineage has initiated activities to open its first clinical site in the DOSED, Delivery of Oligodendrocyte Progenitor Cells for Spinal Cord Injury: Evaluation of a Novel Device, study to evaluate the safety and utility of a novel spinal cord delivery device in subacute and chronic SCI patients. Initial site opening is expected to occur in the second quarter of 2024, following customary trial preparations and submission in the first quarter of a grant application to the California Institute for Regenerative Medicine CIRM for potential partial financial support of the DOSED clinical study. "Lineage's oligodendrocyte cell transplants are designed to replace or support cells that are absent or dysfunctional due to traumatic injury, with the goal of helping to improve the quality of life and restore or augment functional activity to persons suffering from traumatic cervical or thoracic spinal cord injuries. The clearance of our INDa and the initiation of OPC1 clinical testing under our sponsorship represents a significant milestone for this program, and reflects our commitment to developing modern cell therapy product candidates," stated Brian M. Culley, Lineage CEO. "We are excited by the opportunity to build upon the promising results achieved with OPC1 in previous trials, and to continue to seek improvements in how our therapy is prepared and administered. The DOSED clinical study in particular is intended to evaluate the safety and performance of a new delivery device, which is compatible with our forthcoming immediate-use formulation, and which does not require cessation of patient ventilation during administration. We believe these improvements can lead to a safer surgical procedure for surgeons and patients. This study also will mark the first time that OPC1 is administered to chronic SCI patients, and we will be collecting efficacy assessments in addition to the primary outcome measures of safety. Completing this regulatory step also enables us to proceed with our planned CLIN-2 grant application to CIRM to request external financial support for the OPC1 program."
HRB

Hot Stocks

08:17 EST H&R Block to release reality TV parody series 'Responsibility Island' - H&R Block makes its debut in the entertainment world with the premiere of "Responsibility Island," a short format scripted reality TV series that brings levity to taxes. The comedic satire is comprised of four short episodes, featuring a dynamic and hilarious cast. All four episodes will air on Friday, Feb. 16, on The Roku Channel, YouTube or H&R Block's website. Responsibility Island features a group of young adults who think they are embarking on the latest dating show journey. To their surprise, what they thought would be an adventure to find true love is actually a responsibility boot camp. The show follows cast members TayTay, Jynyphr, Zane, Blaze, Trinity B and Narci as they take on a gauntlet of challenges in adulting designed to teach self-reliance and productivity. They must face the mother of all responsibility to get off the island - filing their own taxes.
KLG

Hot Stocks

08:17 EST WK Kellogg CEO says delivered financial guidance for 2023 - "I'm pleased to report we delivered our financial guidance for 2023," said Gary Pilnick, Chairman and CEO of WK Kellogg Co. "Our team is executing, driving results, and building momentum to unlock our unique value proposition." Pilnick continued, "As an independent company, we are already experiencing the benefits of greater strategic focus and operational flexibility as we aim our organization, capital, and resources towards delivering on our strategic objectives."
ALGS

Hot Stocks

08:16 EST Aligos Therapeutics enhances finance leadership team - Aligos Therapeutics announced the appointments of Jordyn Tarazi as Vice President, Investor Relations and Corporate Communications and Nikhil Aneja as Vice President, Finance, effective immediately. Previously, Jordyn served as the Head of Investor Relations at CohBar, Inc., a company focused on metabolic dysfunction-associated steatohepatitis and other inflammatory/fibrotic indications. Nikhil joins from CareDx, Inc., where he led a global accounting team and oversaw all aspects of financial reporting.
WKSP

Hot Stocks

08:15 EST Worksport completes production of first 1,100 AL3PRO Hard folding covers - Worksport is announcing that it has completed production of the first 1,100 AL3PRO Hard Folding Tonneau Covers at its West Seneca, NY manufacturing facility. The covers are expected to be sold and shipped to new customers in the U.S. The covers produced and currently in stock are suitable for a wide range of trucks. Steven Rossi, CEO of Worksport, stated, "Our latest tonneau cover has come to fruition, and the product has exceeded our initial expectations. The AL3PRO cover is the culmination of years of research, hard work, and dedication as we strive to deliver nothing but the best to our customers. The cover's compatibility list is long, including many major models - such as the Ford F-Series, General Motors' GMC and Chevrolet models. We also have applications for Nissan and Toyota, as well as RAM and Jeep by Stellantis. Also, I am delighted to report that the AL3PRO cover is now available on Worksport's e-commerce site."
SNN

Hot Stocks

08:14 EST Smith & Nephew announces commercial launch of its AETOS Shoulder System - Smith+Nephew announces full commercial availability of its AETOS Shoulder System in the US, along with 510(k) clearance for its use with ATLASPLAN 3D Planning Software and Patient Specific Instrumentation for total shoulder arthroplasty. Total shoulder arthroplasty is one of the fastest growing segments in Orthopaedics with an estimated 250,000 procedures in the US by 2025.
GTEC

Hot Stocks

08:13 EST Greenland Technologies awarded purchase order for multiple industrial machines - Greenland Technologies announced East Energy, through its subsidiaries Carolina Poultry Power RG2 and Carolina Poultry Power RG3, has agreed to purchase multiple zero operating emissions, electric industrial machines from Greenland's HEVI. Under the purchase agreements, East Energy will purchase two GEL-5000s and one GEL-1800, with delivery of the all-electric loaders scheduled for later this year. HEVI's GEL-5000 is a 5.0 ton rated load all-electric lithium wheeled front loader, approximately 40,000 pounds operating weight and increased payload options. HEVI's GEL-1800 all-electric loader is powered by a 141 KWh lithium battery.
IVCGF

Hot Stocks

08:13 EST Iveco Group, Politecnico di Torino enter collaboration agreement - The Politecnico di Torino and Iveco Group have signed a collaboration agreement aimed at developing shared research programmes in the mobility sector. Over the next three years, they will conduct studies and research in the cutting-edge field of commercial vehicle design, with a focus on sustainable innovation. The studies will focus on the contribution of digitalisation, aided by Artificial Intelligence algorithms, in the design of new, innovative propulsion systems to support the transition towards a more sustainable future. The partners have established goals for the collaboration in areas related to energy management and reducing environmental impact, which are achievable in joint research like this through the adoption of Life Cycle Assessment criteria and eco-design methodologies. A fundamental tool in support of the European Green Deal and environmental sustainability, LCA is a multi-criteria evaluation methodology capable of covering a wide variety of impacts associated with human health, ecosystem health and resource availability.
WOOF WBA

Hot Stocks

08:13 EST Petco names Holly May as Chief Human Resources Officer - Petco (WOOF) announced it has appointed Holly May as Chief Human Resources Officer, effective February 4. In this role, May is responsible for driving an HR strategy that delivers profitable growth and outstanding performance, and is grounded in Petco's mission to improve lives for pets, pet parents and Petco partners. Prior to joining Petco, May served as EVP & Global Chief Human Resources Officer for Walgreens Boots Alliance (WBA).
KTTA

Hot Stocks

08:12 EST Pasithea Therapeutics opens enrollment in the U.S. for Phase 1 trial of PAS-004 - Pasithea Therapeutics announced the activation of four clinical trial sites in the United States. These U.S. clinical trial sites in Texas and Virginia are now open and actively enrolling patients. This announcement follows the approval from the U.S. Food and Drug Administration of the Investigational New Drug application for PAS-004, and FDA review of the protocol for the Company's Phase 1 multicenter, open-label trial of PAS-004 in patients with MAPK pathway-driven advanced solid tumors with a documented RAS, NF1 or RAF mutation or patients who have failed BRAF/MEK inhibition. The objective of the Phase 1 study is to assess the safety, tolerability, pharmacokinetics, and pharmacodynamics of PAS-004 as well as to evaluate the preliminary anticancer activity of PAS-004 and to define the preliminary recommended Phase 2 dose. The Company's clinical development plan for PAS-004 following the Phase 1 study is to begin a Phase 2 clinical trial in NF1 pediatric and adult patients as soon as safety and PK are established. Pasithea has selected Novotech as the clinical research organization for the Phase 1 trial and will be collaborating in the U.S. with NEXT Oncology, led by Dr. Anthony Tolcher M.D., along with Dr. Ildefonso Rodriguez M.D., acting as principal investigator for the San Antonio, TX site. There are also three other clinical trial sites in Eastern Europe that are expected to open in the coming months.
PD IOT

Hot Stocks

08:11 EST PagerDuty appoints Jeff Hausman as chief product development officer - PagerDuty (PD) announced the appointment of Jeff Hausman as chief product development officer. Hausman will lead PagerDuty's product strategy and execution including product management, engineering, design, and user experience to expand the PagerDuty Operations Cloud. Hausman joins PagerDuty from Samsara (IOT), where he was the chief product officer.
CHK

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08:10 EST Chesapeake signs long-term LNG liquefaction offtake agreement - Chesapeake Energy, Delfin LNG and Gunvor Group through Gunvor Singapore, entered into a liquefied natural gas - LNG - export deal that includes executed Sales and Purchase Agreements for long-term liquefaction offtake. Under the SPA, Chesapeake will purchase approximately 0.5 million tons of LNG per annum from Delfin at a Henry Hub price and contract targeted start date in 2028 then deliver to Gunvor on an FOB basis with the sales price linked to the Japan Korea Marker for a period of 20 years. These volumes will represent 0.5 mtpa of the previously announced up to 2 mtpa HOA with Gunvor.
TBLT

Hot Stocks

08:10 EST ToughBuilt anticipates positive operating cash flow by Q3 of 2024 - ToughBuilt Industries announced today its goal of achieving positive operating cash flow by the third quarter of fiscal 2024. The Company intends to focus on generating revenue through the sales of newly launched products in various categories, implementing cost-saving measures, and considering price adjustments where necessary. ToughBuilt is also exploring expansion into new markets and engaging with online and brick-and-mortar global retail partners. Michael Panosian, ToughBuilt Chief Executive and Co-Founder, expressed optimism about the Company's progress, stating, "I am pleased to see our revenue and gross margins growing, and the Company approaching the point of covering its SG&A expenses. By focusing on the continued sales of our new products in revenue-generating categories, attracting new customers, and implementing efficiency measures while making careful adjustments to pricing, we anticipate achieving positive operating cash flow by Q3 2024."
EWTX

Hot Stocks

08:10 EST FDA grants Edgewise fast track designation for EDG-5506 to treat Duchenne - Edgewise Therapeutics announced that the U.S. Food and Drug Administration FDA has granted Fast Track designation for EDG-5506 for the treatment of Duchenne. EDG-5506 is an investigational orally administered small molecule designed to prevent contraction-induced muscle damage in dystrophinopathies, including Duchenne and Becker muscular dystrophy Becker . The FDA previously granted EDG-5506 Orphan Drug Designation ODD for the treatment of Duchenne and Becker, Rare Pediatric Disease Designation RPDD for the treatment of Duchenne, and Fast Track designation for the treatment of Becker. "Every day is important for individuals living with Duchenne and their families, and we are pleased that the FDA granted Fast Track designation," said Kevin Koch, Ph.D., President and Chief Executive Officer of Edgewise. "Our roster of regulatory designations granted to EDG-5506 highlights the urgent and critical need for new and better therapeutic options for people living with these rare and life-threatening muscle disorders."
FREE

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08:10 EST Whole Earth Brands to be acquired by affiliates of Sababa for $4.875 per share - Whole Earth Brands confirmed that the Company entered into a definitive agreement pursuant to which Ozark Holdings, an affiliate of Sababa Holdings FREE, will acquire all of the outstanding shares of the Company's common stock that it does not already own in an all-cash transaction for $4.875 per share. This represents a 56% premium over the Company's share price at market close on June 23, 2023 prior to receiving Sababa's initial $4.00 per share bid and a 37% premium over the Company's 60-day volume-weighted average price as of February 12, 2024. A special committee of the Company's board of directors, consisting solely of disinterested members of the Board, in consultation with its independent financial and legal advisors, unanimously recommended the Transaction and the disinterested members of the Board unanimously approved the Transaction. The Transaction is expected to close in the second quarter of 2024. Consummation of the Transaction is conditioned on, among other things, the approval at a special meeting of the Company's stockholders of the holders of a majority in voting power of the Company's outstanding stock and of the holders of 66 2/3% of the Company's outstanding stock not owned by Sababa, and is subject to other customary closing conditions, including the expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The Transaction is not subject to any financing conditions. The Company expects to release its customary financial results for the fourth quarter and full year ended December 31, 2023 in March 2024. Upon completion of the Transaction, the Company's common stock will no longer be listed on the NASDAQ Stock Market.
CALC

Hot Stocks

08:09 EST CalciMedica: FDA clears IND application for Phase 2 trial of Auxora - CalciMedica announced the clearance of its Investigational New Drug application by the U.S. FDA for the company's lead product candidate, Auxora, a potent and selective small molecule inhibitor of Orai1-containing CRAC channels, to be evaluated in a Phase 2 trial in acute kidney injury with associated acute hypoxemic respiratory failure. CalciMedica expects to initiate the trial, named KOURAGE, in the first half of 2024 and data expected in 2025.
HYMC

Hot Stocks

08:08 EST Hycroft Mining announces start of 2024 drill program - Hycroft Mining announced the start of the 2024 exploration drill program at the Hycroft Mine, located in Nevada, USA, a Tier-1 mining jurisdiction. The 2024 Drill Program encompasses approximately 4,500 meters of core drilling in a combination of step out and infill drilling with the objective of further defining the two new high-grade silver trends, Vortex-Brimstone and Vortex-Camel, discovered in late 2023. Crews are onsite, and drilling has begun. Recent drilling and analysis showed high-grade silver mineralization - greater than137 g/t Ag - that has continuity with historical drilling, along trends not previously identified. The purpose of the 2024 Drill Program is to define the structural framework of the new trends and target areas that have not been drilled to establish continuity of the high-grade silver trends.
TPG

Hot Stocks

08:08 EST TPG reports total AUM $222B as of December 31, 2023 - Reports Q4 revenue $983.1M...Total assets under management of $222B as of December 31 an increase of 64% compared to $135 billion as of December 31, 2022 "Our strong fourth quarter financial results marked the completion of an outstanding year for TPG. We are entering 2024 with significant momentum and have a number of levers to drive continued growth across our firm," said Jon Winkelried, Chief Executive Officer. "Through both organic innovation and completing the acquisition of Angelo Gordon, we have substantially expanded the breadth of our business. We now manage more than $220 billion of assets across a broadly diversified set of strategies and continue to further our position as a scaled, differentiated investment firm." TPG has declared a quarterly dividend of $0.44 per share of Class A common stock to holders of record at the close of business on February 23, 2024, payable on March 8, 2024
AAPL MSFT

Hot Stocks

08:07 EST EU closes market investigations on Microsoft, Apple services under DMA - On Monday, the European Commission adopted decisions closing four market investigations that were launched on September 5, 2023 under the Digital Markets Act, finding that Apple (AAPL) and Microsoft (MSFT) should not be designated as gatekeepers for the following core platform services: Apple's messaging service iMessage, Microsoft's online search engine Bing, web browser Edge and online advertising service Microsoft Advertising. The decisions conclude the Commission's investigations opened following the notification by Apple and Microsoft in July 2023 of the core platform services that met the quantitative thresholds. Among these notified services were also the four services concerned by today's decisions. Together with the notifications, Apple and Microsoft also submitted so-called 'rebuttal' arguments, explaining why despite meeting the quantitative thresholds, these four core platform services should not, in their view, qualify as gateways. Following a thorough assessment of all arguments, taking into account input by relevant stakeholders, and after hearing the Digital Markets Advisory Committee, the Commission found that iMessage, Bing, Edge and Microsoft Advertising do not qualify as gatekeeper services.The Commission will continue to monitor the developments on the market with respect to these services, should any substantial changes arise. The decisions do not affect in any way the designation of Apple and Microsoft as gatekeepers on 5 September 2023 as regards their other core platform services. Reference Link
SVRE

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08:06 EST SaverOne 2014 granted new US patent - SaverOne 2014 was awarded a new patent by the USPTO. The patent, titled System and Methods to Facilitate Safe Driving, was granted on January 30, 2024. The patent describes SaverOne's advanced algorithms and its selective blocking mechanism to prevent the driver from accessing distracting phone functionalities while the vehicle is in motion. With this new patent, SaverOne's patent portfolio comprises of 23 patents of which 10 are already granted in various jurisdictions and a further 13 additional patent applications in process.
IPGP

Hot Stocks

08:04 EST IPG Photonics board authorizes $300M stock repurchase program - The Board of Directors authorized a new program to purchase up to $300 million of IPG common stock. Share repurchases may be made periodically in open-market or other transactions, and are subject to market conditions, legal requirements and other factors. The share repurchase program authorization does not obligate the Company to repurchase any dollar amount or number of its shares, and repurchases may be commenced or suspended from time to time without prior notice. Over the last three years, IPG has repurchased in excess of $850 million of its common stock.
KR

Hot Stocks

08:04 EST Kroger to lower prices following merger with Albertsons Cos - Kroger announced that it will lower prices following its proposed merger with Albertsons Cos. The company stated that it lowered prices in previous mergers, that it invested over $125M to lower prices at Harris Teeter after its merger in 2014 and more than $100M to lower prices at Roundy's after its merger in 2016. Kroger will invest $500M to lower prices following the merger with Albertsons starting day one following the transaction close. Kroger will also invest $1.3B to improve Albertsons' stores following the merger.
VGAS FANG

Hot Stocks

07:49 EST Verde and Diamondback unit Cottonmouth in JD for NatGas facility in Permian - Verde Clean Fuels (VGAS) and Cottonmouth Ventures , a subsidiary of Diamondback Energy (FANG) announced that the parties have executed a Joint Development Agreement JDA for the proposed development, construction, and operation of a facility to produce commodity-grade gasoline utilizing associated natural gas feedstock supplied from Diamondback's operations in the Permian Basin. The JDA provides a pathway forward for the parties to reach final definitive documents and Final Investment Decision for the proposed project. The JDA frames the contracts contemplated to be entered into between the parties, including an operating agreement, ground lease agreement, construction agreement, license agreement and financing agreements as well as conditions precedent to close, such as FID. The expectation for the project is to produce approximately 3,000 barrels per day of fully-refined gasoline utilizing Verde's patented STG+ process. By consuming natural gas in the pipeline-constrained Permian Basin as feedstock, the proposed project could demonstrate the ability to mitigate the flaring of up to 34 million cubic feet of natural gas per day, while also producing a high-value, salable product. "The Verde Clean Fuels team is incredibly excited to finalize this JDA with Diamondback Energy with the goal to produce gasoline from natural gas in the Permian Basin," said Ernie Miller, CEO of Verde. "This arrangement brings compounding economic and environmental benefits to West Texas. We believe that the ability to de-bottleneck midstream constraints along with the potential to reduce flaring of natural gas, while creating less carbon intensive gasoline, is of paramount interest to natural gas producers."
TWOU

Hot Stocks

07:47 EST 2U sinks after raising 'substantial doubt' about ability to continue - 2U reported last night that as of December 31, 2023, its cash, cash equivalents, and restricted cash totaled $73.4M, a decrease of $109.2M from December 31, 2022. As of December 31, 2023, the company's total debt was $904.7M. 2U stated in its earnings release, "The company expects that if it does not amend or refinance its term loan, or raise capital to reduce its debt in the short term, and in the event the obligations under its term loan accelerate or come due within twelve months from the date of its financial statement issuance in accordance with its current terms, there is substantial doubt about its ability to continue as a going concern." Shares of 2U are down 23% to 70c in premarket trading. Needham this morning downgrades the shares on balance sheet concerns.
OCUL

Hot Stocks

07:40 EST Ocular Therapeutix announces first subjects screened in Phase 3 trial of AXPAXLI - Ocular Therapeutix announced that the first three subjects have been screened and received their first aflibercept injection in the Phase 3 SOL-1 clinical trial of AXPAXLI for the treatment of wet age-related macular degeneration. The company previously announced FDA agreement on its Special Protocol Assessment Agreement Modification on January 25.
OCUL

Hot Stocks

07:39 EST Ocular Therapeutix announces firs subjects screened in Phase 3 trial of AXPAXLI - Ocular Therapeutix announced that the first three subjects have been screened and received their first aflibercept injection in the Phase 3 SOL-1 clinical trial of AXPAXLI for the treatment of wet age-related macular degeneration. The Company previously announced FDA agreement on its Special Protocol Assessment Agreement Modification on January 25th.
ARWYF

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07:37 EST ARway.ai signs multiple new deals - ARway.ai announced pivotal new deals with major new partners; Intuitive Workspaces, who have a global reach extending to over 35,000 work spaces covering USA, UK, Spain, France, Sweden, Poland, Netherlands, Finland, Switzerland, Germany, Korea, Singapore, Japan, India, Philippines, Thailand, Indonesia, Australia, London, Paris, Singapore, Hong Kong and Australia. ARway is also pleased to partner with City Electric Supply, a prominent distributor of electrical products with over 1,000 branch locations around the world operating in 8 countries.
NEXCF

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07:36 EST Nextech3D.AI secures $1.8M 3D modeling deal - Nextech3D.AI announced a significant $1.8M 3D modeling contract with a major enterprise client. This deal provides significant revenue for the Company to be delivered in 2024.
VMAR HZO

Hot Stocks

07:35 EST Vision Marine Technologies appoints Anthony Cassella to board of directors - Vision Marine Technologies (VMAR) announced the appointment of Anthony Cassella Jr., Executive Vice President Finance and Chief Accounting Officer of MarineMax (HZO), to the Company's Board of Directors as an independent director.
AVCNF

Hot Stocks

07:34 EST Avicanna obtains indication-specific drug registration with Trunerox - Avicanna announced the Company's first indication-specific drug registration for Trunerox issued by INVIMA, the Health Authority of Colombia. The Trunerox drug approvalwas issued by INVIMA, after a detailed process of verification of all legal, technical, and pharmacological requirements were fulfilled in accordance with Decree 677 of 1995 and other applicable regulations. The approval allows Avicanna to manufacture and commercialize Trunerox in Colombia with approved indications and claims associated to the treatment for seizures related to Lennox-Gastaut Syndrome and Dravet Syndrome. Lennox-Gastaut Syndrome and Dravet Syndrome are two of the various, rare epileptic disorders classified as epileptic encephalopathies. Trunerox is Avicanna's proprietary oral formulation with 10% cannabidiol and is manufactured with good manufacturing practices GMP at Altea Farmaceutica in Bogota, Colombia utilizing CBD manufactured at the Avicanna's majority-owned subsidiary Santa Marta Golden Hemp SAS.
AMST

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07:33 EST Amesite announces new article automation feature - Amesite announces they are now offering additional customizations empowering instructors to select from five different types of resources to bring into their programs including News, Magazines, Academic Journals, Market Reports and Press Releases. This technology enables continuous and contextual updates to program materials by scouring over 250 million articles across nearly 14,000 academic sources. "We are excited to elevate the educational experience with our Article Automation feature, integrating diverse resources like News, Magazines, and Academic Journals directly into our programs," said Amesite CEO, Dr. Ann Marie Sastry. "It's critical that our content generation remain at the forefront, enabling our customers to deliver cutting edge programs that operate efficiently."
GTHX

Hot Stocks

07:33 EST G1 Therapeutics tumbles after DMC recommends Phase 3 trial continues - Shares of G1 Therapeutics are down $1.93, or 43%, to $2.55 in pre-market trading after the company announced last night that the independent Data Monitoring Committee, or DMC, recommended continuation of the pivotal Phase 3 PRESERVE 2 trial evaluating trilaciclib in combination with gemcitabine and carboplatin for the first line treatment of metastatic triple negative breast cancer, or mTNBC, to the final analysis. This final analysis evaluating Overall Survival, or OS, is estimated to occur in the third quarter of 2024 and will be conducted on the intent-to-treat, or ITT, population. "The DMC did not express any concerns regarding safety or recommend any other changes to the study. G1 remains blinded to all data as the early stopping criteria were not met during the interim analysis," the company stated. "We remain confident in the ability of trilaciclib to ultimately achieve the OS primary endpoint based on the robust survival benefit demonstrated in the prior randomized Phase 2 study, which continued to meaningfully increase over time as patients received subsequent therapies, as well as the increased statistical power for the final analysis of this pivotal study. While a positive interim analysis would have enabled us to bring this therapy to patients in need sooner, we look forward to completing the study and potentially making this meaningful new treatment option available to patients with this highly aggressive form of breast cancer as early as next year," added Jack Bailey, Chief Executive Officer at G1 Therapeutics.
ABL

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07:32 EST Abacus Life repurchases $6M of stock in first 60 days of program - Abacus Life provided an update to its $15 million stock repurchase program previously announced on December 12, 2023. From the commencement of the Repurchase Program through February 12, 2024, Abacus has repurchased 553,150 shares of its common stock at an average price of $10.92 on the open market at a total cost of approximately $6.0 million. As of February 12, 2024, Abacus has $9.0 million of availability under the Repurchase Program, which expires on June 10, 2025, unless sooner suspended or discontinued.
CADL

Hot Stocks

07:32 EST Candel Therapeutics announces CAN-3110 received U.S. FDA FTD - Candel Therapeutics announced that the U.S. Food and Drug Administration, FDA, granted Fast Track Designation, FTD, for CAN-3110 -- a first-in-class, replication-competent herpes simplex virus-1 oncolytic viral immunotherapy candidate - for the treatment of patients with recurrent high-grade glioma to improve overall survival. "Receiving FDA Fast Track Designation for CAN-3110 reinforces the critical need to find effective treatment options for patients with recurrent HGG and further supports the potential of CAN-3110 to address the challenges that the standard of care and conventional therapies have failed to meet," said Paul Peter Tak, MD, PhD, FMedSci, President and CEO of Candel. "As recently published in Nature, a strong local and systemic anti-tumoral response and improved survival in patients with recurrent HGG was observed following a single injection of CAN-3110. We look forward to reporting additional data, including the potential benefits from multiple injections of CAN-3110, from the ongoing phase 1b clinical trial in the second half of 2024."
RCKT

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07:29 EST Rocket Pharmaceuticals announces FDA extension of Kresladi BLA review period - Rocket Pharmaceuticals announced the FDA has extended the priority review period for the Biologics License Application, or BLA, for Kresladi for severe Leukocyte Adhesion Deficiency-I, or LAD-I. The FDA extended the review period by three months, to June 30 to allow additional time to review clarifying Chemistry, Manufacturing, and Controls, or CMC, information submitted by Rocket in response to FDA information requests. The FDA has further confirmed that an advisory committee meeting is not needed.
TGGI

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07:25 EST WT Blockhain Technology signs MOA for operations in Myanmar, Taiwan - WT Blockchain Technology Company, a subsidiary of Trans Global Group, signed a memorandum of authorization for operations in Myanmar and Taiwan. This also indicates that more and more countries and regions will start the operation of the WTAI system in the future, and work together for the new ecology of WTB. WTAI is a DAPP system independently developed by WT Blockchain Technology Company. The main function of the system is to provide stable investment and financial services for global cryptocurrency users. At the same time, users generate computing power by checking in daily and participating in financial management, and obtain varying amounts of WTB, ultimately establishing a community ecology on the WTB chain.
FLYLF

Hot Stocks

07:23 EST Flyht Aerospace submits data package to Transport Canada for STC approval - FLYHT Aerospace Solutions provided the an open letter to shareholders including updates regarding commercialization of the Company's 5G aviation and weather intelligence solutions, which read in part, "Tech Status Update: AFIRS Edge: I am excited to announce that we have formally completed our data package and have submitted this to Transport Canada delegates for a Supplemental Type Certificate approval for the activation of the flange version of our industry leading 5G wireless data communication device, the AFIRS Edge. This STC is for installation on Airbus A320 aircraft. The submission of the formal STC application for the Edge represents the culmination of our vision, hard work, and perseverance across the FLYHT organization as we built the Edge over the past three years, and in particular in recent months, as we completed certification testing in collaboration with our partner, Canada Jetlines. In our experience obtaining more than 100 STCs over the past 20 years, from this stage it can take up to 60 days for Transport Canada to process and approve STC applications, and we expect this to be the case as well for the Edge. Upon receipt of the STC, we will be able to ship Edge units to our Canadian A320 customers while at the same time we will familiarize the Canadian STC into other jurisdictions to enable worldwide shipments. While the A320 is expected to be the first STC, we are pushing forward with additional STC applications on two other popular aircraft types, the Embraer 145 and Boeing 737, and we expect to receive STCs for these aircraft in 2024 as well. Meanwhile, we are on schedule with development of the plug-in compatible version of the Edge called the Edge+, designed to be installed overnight in customer aircraft in the same avionics bay slot as existing legacy products and utilizing existing aircraft wiring. We expect to be conducting STC certification testing on an A320 aircraft and receiving our first approval in Q3 of 2024. The Edge+ is creating exciting discussions within tier one airlines as the ease of installation in their legacy fleets allows them to effortlessly upgrade their capability. Both Edge versions are very much of interest to airlines as they look to move to a 5G compatible product over the older 2G, 3G, and LTE products which are sunsetting...In our weather business, we believe that FLYHT's technology greatly enhances the accuracy of short- and long-term weather predictions and is a key tool in providing more accurate and earlier extreme weather warnings, and in the detection and avoidance of contrail generation. I'm pleased to report that we are advancing with our two major programs with the UK Met and NOAA...We are laser focused on deploying our innovative hardware into a growing number of different aircraft types to drive our recurring SaaS revenue strategy. In both our 5G aviation solutions and weather intelligence businesses, it is the integration of our SatCom and Edge hardware that allows data to be gathered throughout the aircraft, and in turn, to power real-time intelligence and data transmission...We continue to reinvest the positive cashflow generated from our previous, still active, generations of hardware, to fund the R&D and commercialization of our emerging opportunities. A contributor to that positive cashflow is our SaaS revenues with an annual run rate of over $11 million based on the third quarter of 2023. This demonstrates a comparative, annualized growth of over 30%. As we invest for the near-term future, we are dedicated to living within our means by investing mainly from our internally generated cashflow, and investing in our highest strategic priorities. This strategic prioritization of development efforts has been key to our success in recent years and will remain that way long after we begin to generate revenues from our investments...In my 22-plus years at FLYHT, I have never felt more confident in FLYHT's future. Addressing today's aviation industry and weather community needs, we are building upon our legacy business of aviation safety services, with the right solutions and a clear route to market. We have a significant addressable market waiting for us."
MDNA

Hot Stocks

07:17 EST Medicenna Therapeutics announces first patient dosed in ABILITY-1 study - Medicenna Therapeutics announced the first patient dosed in the combination arm of the Phase 1/2 ABILITY study evaluating MDNA11, a long-acting, "beta-enhanced not-alpha" interleukin-2 super-agonist, with KEYTRUDA. The combination portion of the study is designed to evaluate the potential for a synergistic effect of MDNA11 with KEYTRUDA in patients with advanced solid tumors. Solid tumors represent 90% of all cancers and although CPI therapies have shown promising advances in some types of immunosensitive cancers, more than 70% of patients do not respond to or become resistant to such therapies. MDNA11, with its uniquely differentiating 'beta-enhanced not-alpha' features, continues to be a potential best-in-class next-generation IL-2 super-agonist for treatment of advanced solid tumors. Pre-clinical data published in JITC in 2022 demonstrated that mice receiving both, MDNA11 and checkpoint inhibitors achieved complete and sustained tumor control even after multiple rechallenges, demonstrating the capacity for MDNA11 to sensitize solid tumors to checkpoint blockade. The ABILITY-1 Study is actively recruiting patients with different types of recurrent or metastatic solid tumors at multiple sites in the USA, Canada, Australia, and South Korea and is expected to initiate patient enrolment in Europe. Preliminary results from both the monotherapy expansion and combination escalation and expansion arms of ABILITY-1 the study will be available in H1 and H2 2024.
KVHI

Hot Stocks

07:15 EST KVH Industries to reduce headcount by 75 employees - As a result of these actions, the Company expects to reduce headcount by 75 employees, or approximately 20% of its workforce. A third of the reduction in personnel will take place by mid-March 2024, with the balance completed in the second quarter of 2024. The Company expects to realize annualized cost savings of approximately $9.3 million from the headcount reductions, with the full impact of these savings to be realized in 2025. KVH estimates that it will incur approximately $3.3 million of pre-tax charges for severance and other costs related to the restructuring, through the second quarter of 2024.
MAR

Hot Stocks

07:15 EST Marriott CEO sees 'another year of solid growth' in 2024 - Anthony Capuano, President and CEO, said, "Our team delivered excellent results in 2023, as demand for our industry leading portfolio of properties and offerings around the world continued to grow. Full year global RevPAR rose 15 percent, net rooms grew 4.7 percent, and our fee-driven, asset-light business model generated record levels of cash. In the fourth quarter, worldwide RevPAR rose 7 percent. International RevPAR grew 17 percent, with particular strength in Asia Pacific and Europe. In the U.S. & Canada, fourth quarter RevPAR rose over 3 percent. Group revenue at our hotels increased 7 percent compared to the 2022 fourth quarter, driven by solid rate increases. While already significantly above 2019 levels, hotel leisure revenue rose again, up 2 percent. Business transient revenue at our hotels grew 3 percent from the year-ago quarter, with demand from large corporate customers continuing to make gains. Our development team had a stellar 2023, signing a record 164,000 organic rooms globally, including 37,000 rooms from our deal with MGM Resorts International, and our development pipeline reached a new high of roughly 573,000 rooms at year end. During the year, we added nearly 81,300 rooms to our distribution, with one in four organic rooms from conversions. The power of our unparalleled Marriott Bonvoy loyalty program continues to increase, with 196 million members at year end. We've continued to leverage our global portfolio and have expanded our co-brand credit card offerings, with 31 cards now across 11 countries. In 2023, global card spend increased a remarkable 11 percent over the prior year. In 2024, we expect another year of solid growth and significant shareholder returns. With normalizing RevPAR growth around the world, we anticipate a worldwide full year RevPAR increase of 3 to 5 percent and net rooms growth of 5.5 to 6 percent. We expect this should yield adjusted EBITDA of approximately $4.9 billion to $5.0 billion for the year and enable us to return $4.1 billion to $4.3 billion to shareholders after factoring in $500 million to purchase the Sheraton Grand Chicago."
KVHI

Hot Stocks

07:14 EST KVH Industries CFO Roger Kuebel, COO Robert Balog to depart - In conjunction with the strategic reorganization, the Company also announced certain management changes and transitions. Roger Kuebel, KVH's CFO, will be stepping down from his role effective March 31, 2024. The Board of Directors of the Company has promoted Anthony Pike, KVH's Vice President Finance and Corporate Controller, to serve as the Company's CFO, effective April 1, 2024. To ensure a smooth transition, Mr. Kuebel will remain available to the Company through April 12, 2024. Robert Balog, KVH's COO with responsibilities for product engineering, will also be departing the Company effective April 12, 2024. Richard Driscoll, KVH's Senior Vice President, Network Operations & Service Development, has taken on the additional responsibilities of Chief Technology Officer, effective immediately.
AUGX

Hot Stocks

07:14 EST Augmedix names Levy as new SVP of Engineering - Augmedix announced that Tomer Levy joined the company in January 2024 in the newly-created Senior Vice President, SVP, of Engineering role. Prior to joining Augmedix, Levy most recently served as Senior Vice President of Research and Development at Change Healthcare.
PPBT

Hot Stocks

07:13 EST Purple Biotech convenes a head, neck cancer SAB ahead of NT219 trial - Purple Biotech announced it convened a Scientific Advisory Board, SAB, focusing the discussions on NT219's indication in recurrent/metastatic squamous cell carcinoma of the head and neck. "This scientific advisory board of head and neck cancer key opinion leaders, who are oncologists, researchers, and investigators, provided us their insights on the therapeutic landscape of R/M SCCHN treatment and invaluable guidance on clinical studies for NT219 in combination with cetuximab as a second/third line treatment and potentially in combination with a PD1 inhibitor as a first line treatment," stated Purple Biotech CEO, Gil Efron. "Their recognition of the critical unmet need in recurrent and metastatic head and neck cancer provides further support and momentum to our development program. Now that we have determined the recommended Phase 2 dose, we are prepared to move to our next phase of development. We look forward to the head and neck cancer SAB's continued guidance and support." Head & Neck Cancer SAB Members Include: Douglas Adkins, Ezra Cohen, Antonio Jimeno, Lisa Licitra Francesca Linda, and Ari Rosenberg
CI

Hot Stocks

07:13 EST Cigna and HelloFresh partner to expand access to healthy meal choices - Cigna's health benefits division Cigna Healthcare and HelloFresh, a meal kit company, announced an exclusive collaboration to offer discounted access to HelloFresh's meals to as many as 12 million Cigna Healthcare customers through their employers. The two companies will also team up to support HelloFresh's Meals with Meaning program, a social impact initiative that provides free meal kits for individuals experiencing food insecurity in local communities. Cigna Healthcare employer clients can choose from a variety of HelloFresh offerings with no minimum purchase amount. Employees can then choose among the options provided, which may include e-gift cards for employees, discounted meal kit subscriptions, and one-time box deliveries with no subscription required.
KVHI

Hot Stocks

07:12 EST KVH Industries to wind down hardware manufacturing operations - KVH Industries announced plans to wind down its hardware manufacturing operations to focus on strengthening its position as a streamlined provider of multi-orbit, multi-channel, integrated communications solutions. This development follows the Company's recently announced additions of Starlink and Eutelsat OneWeb to its connectivity portfolio and its exclusive maritime agreement with Kognitive Networks. The Company also announced changes to its management team. Looking ahead, KVH is positioning to maintain its mobile-connectivity leadership as a hardware-agnostic provider of integrated communication solutions with a seamless approach to network management, encompassing versatile bandwidth delivery, cybersecurity tools and other value-added services, all bundled with KVH's recognized global service and support capabilities. As part of the Company's repositioning, KVH will conduct a staged and orderly wind down of manufacturing activities at its Middletown, Rhode Island, facility. During this process, KVH plans to manufacture enough maritime satellite connectivity and satellite television terminals needed to meet demand for the foreseeable future. The Company may explore opportunities to outsource the manufacturing of additional existing or new products, if there is market demand. KVH will continue to conduct its equipment repair and refurbishments, warehousing and shipping and receiving activities at the Middletown, Rhode Island location.
MAR

Hot Stocks

07:12 EST Marriott reports Q4 comparable systemwide constant dollar RevPAR up 7.2% - Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2% worldwide, 3.3% in the U.S. & Canada, and 17.4% in international markets, compared to the 2022 fourth quarter.
DPRO

Hot Stocks

07:11 EST Draganfly selected as exclusive partner of UGoC to provide UAV solutions - Draganfly announces that it has been selected by the Ulkatcho Group of Companies, UGoC, to provide and expand UAV solutions and capabilities within the Ulkatcho First Nation's Traditional Territory which will include, but are not limited to Commercial UAV services for Mapping & Survey, Resource & Wildlife Management, Training, Emergency Response & Wildfire Monitoring. "Draganfly is honored to engage in this forward-thinking partnership with the Ulkatcho Group of Companies," said Cameron Chell, President and CEO of Draganfly. " This initiative represents more than the integration of advanced UAV technology within the Ulkatcho First Nation Traditional Territory; it's about fostering community growth, resilience, and self-sufficiency through innovative and tailored solutions. Our commitment extends beyond providing UAV services, including comprehensive training, enhancing Emergency Response mechanisms, and pioneering Wildfire Monitoring techniques. We are dedicated to closely collaborating with the Ulkatcho Group of Companies to ensure that our UAV solutions meet their unique needs and support their remarkable journey toward sustainable development and empowerment."
LIAN

Hot Stocks

07:09 EST LianBio board declares special cash dividend of $4.80 per share - The Board has declared a special cash dividend of $4.80 per ordinary share, including ordinary shares represented by ADSs, for an aggregate cash dividend amount of approximately $528 million. The special dividend is payable to holders of record of the Company's ordinary shares and ADSs as of the close of business on February 27, 2024. The Company expects to pay the dividend to its holders of record of ordinary shares on or about March 11, 2024. Citibank, the Depositary of the ADSs, will coordinate payment of the dividend to the holders of record of the Company's ADSs, net of applicable Depositary fees of US$0.05 per ADS held and applicable taxes, and expects to pay the dividend on March 14, 2024. The ex-dividend date for the ADSs for the special dividend will be the first trading day following the payment date. Holders of record of ADSs on the record date who sell their ADSs prior to the ex-dividend date will not receive the special dividend. In connection with the special cash dividend, the Depositary will close the books to ADS issuances and ADS cancellations at the close of business in New York City on February 20, 2024. The Depositary will re-open the books for ADS cancellations at the close of business in New York City on March 18, 2024. The applicable Depositary fees will apply for all ADS issuances and ADS cancellations.
ATCX

Hot Stocks

07:09 EST Atlas Technical Consultants awarded 5-year, $12M agreement with GDOT - Atlas Technical Consultants has been awarded a five-year, $12M master agreement to conduct engineering design review services across the Georgia Department of Transportation's, GDOT, Districts 1, 6, and 7. "Atlas has maintained a longstanding partnership with GDOT for over 35 years, delivering engineering design review services since 2006," Atlas CEO Jacque Hinman said. "This undertaking falls under our engineering and design service line, with support provided by our Georgia offices." Atlas will schedule and conduct field plan reviews for the GDOT Office of Engineering Services, ensuring adherence to AASHTO and GDOT guidance documents. The Company will review plans for constructability and document all findings in a formal report, updating client project management databases accordingly. Additionally, Atlas will oversee the review responses to findings, securing final acceptance on behalf of GDOT.
LIAN

Hot Stocks

07:08 EST LianBio to commence wind down of operations, sale of remaining assets - LianBio announced that the Company's Board of Directors had completed its comprehensive strategic review of the Company and determined to initiate the wind down of its operations, including the sale of remaining pipeline assets, the delisting of its American Depositary Shares, each representing the right to receive one ordinary share, from the Nasdaq Global Market and deregistration under Section 12(b) of the Securities Exchange Act of 1934 and workforce reductions. The Company currently anticipates a substantial portion of the wind down activities, including fulfillment of transition service obligations under its existing agreements and gradual cessation of currently active clinical trials, will be completed by the end of 2024. In parallel with the wind down of operations, the Board has declared a special cash dividend in the amount of $4.80 per ordinary share, including ordinary shares represented by ADSs, for an aggregate cash dividend amount of approximately $528 million. In accordance with the strategic review, the following actions will be taken: Wind Down and Workforce Reduction: LianBio will begin to wind down operations immediately and intends to pursue the sale of its remaining pipeline assets as part of the wind down process. To the extent such sales are successful, the Company expects to distribute any profits from the sales to its then-current shareholders in a subsequent distribution before the final dissolution of the Company. However, there is no guarantee that any shareholder's original investment, or any material amount, will be recovered. With reduced operations, the Company expects to reduce its workforce by over 50 full-time employees, or approximately 50% of the Company's current employee base, in the first quarter of 2024. Additional workforce reductions will occur over the course of 2024 following the transition of assets to partners and the fulfillment of the Company's transition services obligations. The Company will maintain a core group of employees necessary to implement an orderly wind down of the Company and support its efforts to maximize the value of the Company's remaining business and assets. LianBio expects that the full wind down of operations, including the sale of remaining assets or termination of licenses, as well as the termination of employees necessary to complete an orderly wind down, will be substantially complete by the end of 2024, with the complete dissolution expected to occur during the first half of 2027. The Company expects to meet its ongoing operational costs through funds retained after the special dividend. On February 13, 2024, the Company, pursuant to an authorization by the Board, provided notice to Nasdaq that it intends to file a Form 25 with the U.S. Securities and Exchange Commission on or about March 8, 2024 to effect the voluntary delisting of the Company's ADSs from Nasdaq and to deregister the ADSs under Section 12(b) of the Exchange Act. As a result, the Company currently expects that the last day of trading on Nasdaq will be on or about March 18, 2024, when Form 25 takes effect. Ninety days thereafter, the deregistration of the Company's ADSs under Section 12(b) of the Exchange Act is expected to become effective. Following the delisting of the Company's ADSs from Nasdaq, the Company intends to file a Form 15 with the SEC certifying that it has fewer than 300 shareholders of record, upon which the Company's filing obligations under the Exchange Act will immediately be suspended, including the obligations to file all periodic reports. Following the delisting, any trading in the Company's ADSs would only occur in privately negotiated sales and potentially on an over-the-counter market. The Company expects that its ADSs will be quoted on a market operated by OTC Markets Group so that a trading market may continue to exist for its ADSs. There is no guarantee, however, that a broker will continue to make a market in the ADSs and that trading of the ADSs will continue on an OTC market or otherwise. The Board believes that the decision to delist the ADSs from the Nasdaq and deregister and suspend its reporting obligations under the Exchange Act is in the best interests of the Company and the holders of its ordinary shares and ADSs. As the Company undertakes steps to wind down operations and return value to the shareholders through its asset sales, out-licensing efforts and the payment of dividends, the Board has determined that the burdens associated with operating as a registered public company outweigh any advantages to the Company and its holders of ordinary shares and ADSs. The Board's decision was based on careful review of numerous factors, including the potential for curbing the significant costs associated with preparing and filing periodic reports with the SEC and the legal, audit and other expenses associated with being a reporting company, as well as the substantial costs and demands on management's time under the Sarbanes-Oxley Act of 2002, SEC rules and Nasdaq listing standards.
KRYS

Hot Stocks

07:08 EST Krystal Biotech receives FDA Fast Track Designation for KB707 - Krystal Biotech announced that the U.S. Food and Drug Administration, FDA, has granted Fast Track Designation for inhaled KB707 for the treatment of patients with solid tumors with pulmonary metastases that are relapsed or refractory to standard of care therapy. "The FDA's decision to grant inhaled KB707 Fast Track Designation is a reflection of both the urgent unmet need that exists for patients with lung metastases and the robust preclinical data we have generated to date in stringent syngeneic mouse models of checkpoint inhibitor refractory metastatic disease," said Suma Krishnan, President, Research & Development, Krystal Biotech. "We look forward to the first patient being dosed with inhaled KB707 later this year."
USAC

Hot Stocks

07:08 EST USA Compression sees 2024 net income $95M-$115M - Sees 2024 adjusted EBITDA $555.0M-$575.0M.
EYEN

Hot Stocks

07:07 EST Eyenovia announces FDA approval of Redwood City as manufacturing facility - Eyenovia announced that the company's facility in Redwood City, California successfully completed FDA inspection for approval as a commercial manufacturing facility. The Redwood City facility will primarily be used for final assembly, packaging and labeling activities in support of Mydcombi, the first and only fixed combination of tropicamide and phenylephrine for in-office and pre-surgical pupil dilation utilizing Optejet technology. "The FDA inspection of our Redwood City facility was completed efficiently and with no significant concerns raised on the part of the inspector, clearing the way for us to perform final assembly, packaging and labeling in support of a broader U.S. launch of Mydcombi," stated Michael Rowe, Eyenovia's Chief Executive Officer. "With Redwood City and Reno now online and operational, we have the capacity to manufacture both commercial product as well as clinical supply in support of our ongoing CHAPERONE clinical trial for pediatric progressive myopia as well as initial testing of other product candidates that leverage our Optejet technology."
SHOP

Hot Stocks

07:06 EST Shopify reports Q4 GMV up 23% to $75.1B - Gross Payments Volume grew to $45.1B, representing 60% of GMV processed in the quarter, versus $34.2 billion, or 56%, for the fourth quarter of 2022.
WSO

Hot Stocks

07:06 EST Watsco board increases annual dividend 10% to $10.80 per share - Watsco announced that its Board of Directors approved a 10% increase in its annual dividend to $10.80 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2024.
KO

Hot Stocks

07:06 EST Coca-Cola reports Q4 global unit case volume up 2%, up 2% for FY
WSO

Hot Stocks

07:04 EST Watsco says various industry catalysts are influencing marketplace - The company said, "Various industry catalysts are influencing Watsco's marketplace. The Company believes its scale, entrepreneurial culture, OEM relationships, leading technologies and financial strength provide important competitive advantages to optimize the opportunities provided by these catalysts. Regulatory Changes. In response to climate change, the Federal government and various states have enacted laws and regulations, including tax credits, to incentivize the replacement of aging HVAC systems with more energy-efficient and environmentally friendly systems. New efficiency standards became effective January 1, 2023 that raised the minimum required efficiency for HVAC systems nationwide. In addition, regulations went into effect on January 1, 2024 mandating a 30% phase down in the manufacture of refrigerants used in older HVAC systems and a transition to new HVAC systems that contain lower-GWP refrigerants. Watsco has historically benefited from these regulatory changes as contractors and end users transition to the new systems. Electrification and Transition to Heat Pumps. The movement toward electrification of heating systems, utilizing heat pumps in lieu of gas furnaces and other forms of fossil-fuel heating, is also an important trend. The operating characteristics of heat pumps have improved such that they are now effective substitutes for many of the millions of fossil fuel-burning heating systems used throughout North America. Sales of heat pumps in 2023 once again outpaced the growth rates for conventional fossil-fuel heating systems. Watsco sold over 700,000 heat pump units across 25+ different brands during 2023. Growth of Ductless HVAC Systems. The growing acceptance of ductless HVAC products by both contractors and end-market users benefits Watsco, as we are among the leading distributors of ductless HVAC products used in both residential and commercial applications. Sales of ductless products across Watsco grew 12% in 2023."
MCO DAY

Hot Stocks

07:04 EST Moody's: Noemie Heuland will join as Chief Financial Officer - Moody's (MCO) Names Noemie Heuland as Chief Financial Officer....Ms. Heuland brings nearly 25 years of financial leadership experience at large public companies in the finance and technology spaces. She joins Moody's from Dayforce (DAY, formerly Ceridian) here she has served as Executive Vice President and CFO since 2020. Prior to Dayforce, Ms. Heuland spent 12 years with global enterprise application software provider SAP, during which time the company experienced extraordinary growth as it transitioned to a global software as a service SaaS business model.
MAR

Hot Stocks

07:03 EST Marriott sees Q1 worldwide RevPAR growth 4%-5% - Sees FY24 RevPAR growth 3%-5%. Sees FY24 net rooms growth 5.5%-6%.
HAS

Hot Stocks

06:42 EST Hasbro falls 12% to $45.11 after Q4 results miss estimates
MGA

Hot Stocks

06:42 EST Magna's normal course issuer bid accepted by Toronto Stock Exchange - Magna announced that the Toronto Stock Exchange had accepted its Notice of Intention to Make a Normal Course Issuer Bid. Pursuant to the Notice, Magna may purchase up to 300,000 Magna Common Shares, representing approximately 0.11% of its public float. As at February 1, Magna had 286,780,238 issued and outstanding Common Shares, including a public float of 286,433,600 Common Shares. The primary purposes of the Bid are purchases for cancellation, as well as purchases to fund Magna's stock-based compensation awards or programs and/or Magna's obligations to its deferred profit sharing plans. The Bid will commence on February 15, 2024 and will terminate no later than February 14, 2025. Magna's normal course issuer bid announced in November 2022 for the purchase of up to 28,445,000 Common Shares expired on November 14, 2023. As at the close of trading on November 14, 2023, Magna had purchased 245,904 Common Shares at a weighted-average price of $54.15.
CLNE

Hot Stocks

06:39 EST Clean Energy makes strategic $10M investment in Rimere - Clean Energy Fuels closed a $10M strategic investment in Rimere, a climate solutions company with proprietary plasma technology. The funding will accelerate development and field testing of Rimere's two independent devices, the Reformer and the Mitigator, that reduce climate change emissions and enable the use of natural gas to accelerate the transition to a clean hydrogen future. The Reformer uses proprietary sequential hybrid plasma technology to transform natural gas into clean hydrogen and high-quality graphene, without creating any CO2 emissions. The Mitigator is a plasma thermal oxidizer that reduces the greenhouse gas potency of fugitive methane emissions. Rimere is currently an equity method investee of Clean Energy and has raised $18.25M of committed capital to date since its formation in 2020.
KALV

Hot Stocks

06:39 EST KalVista says Phase 3 KONFIDENT trial met all endpoints - KalVista Pharmaceuticals announced positive results from the phase 3 KONFIDENT clinical trial demonstrating statistically and clinically significant efficacy of sebetralstat as oral on-demand therapy for hereditary angioedema. KONFIDENT was the largest and most representative trial ever conducted in HAE, and included adolescents, patients using long-term prophylaxis, and all attack severities and locations. The clinical trial met all primary and key secondary endpoints and demonstrated a favorable safety profile. HAE attacks treated with both 300 mg and 600 mg of sebetralstat achieved the primary endpoint of beginning of symptom relief significantly faster than placebo. The median time to beginning of symptom relief was 1.61 hours with sebetralstat 300 mg, 1.79 hours with sebetralstat 600 mg, and 6.72 hours with placebo. Consistent with previous studies, sebetralstat was well-tolerated, with a safety profile similar to placebo. There were no patient withdrawals due to any adverse event and no treatment-related serious adverse events were observed. Treatment-related adverse event rates were 2.3% for 300 mg sebetralstat, 2.2% for 600 mg sebetralstat, and 4.8% for placebo.
KALV

Hot Stocks

06:37 EST KalVista says 3 KONFIDENT trial met all endpoints - KalVista Pharmaceuticals announced positive results from the phase 3 KONFIDENT clinical trial demonstrating statistically and clinically significant efficacy of sebetralstat as oral on-demand therapy for hereditary angioedema. KONFIDENT was the largest and most representative trial ever conducted in HAE, and included adolescents, patients using long-term prophylaxis, and all attack severities and locations. The clinical trial met all primary and key secondary endpoints and demonstrated a favorable safety profile. HAE attacks treated with both 300 mg and 600 mg of sebetralstat achieved the primary endpoint of beginning of symptom relief significantly faster than placebo. The median time to beginning of symptom relief was 1.61 hours with sebetralstat 300 mg, 1.79 hours with sebetralstat 600 mg, and 6.72 hours with placebo. Consistent with previous studies, sebetralstat was well-tolerated, with a safety profile similar to placebo. There were no patient withdrawals due to any adverse event and no treatment-related serious adverse events were observed. Treatment-related adverse event rates were 2.3% for 300 mg sebetralstat, 2.2% for 600 mg sebetralstat, and 4.8% for placebo.
HAS

Hot Stocks

06:34 EST Hasbro declares quarterly dividend of 70c per share - The company's Board of Directors has declared a quarterly cash dividend of 70c per common share. The dividend will be payable on May 15 to shareholders of record at the close of business on May 1. In 2024, to align with industry best practice, the company expects future dividend declarations will be made closer to the record date.
HAS

Hot Stocks

06:33 EST Hasbro CFO says 2023 'not without some challenges' - "Guided by our strategy of "Fewer, Bigger, Better," we had important wins across both toys and games while making progress in our transformation during a challenging 2023. Despite the macroeconomic backdrop, we are entering 2024 with a healthier balance sheet, a leaner cost structure, and a diverse portfolio of industry-leading toy and game brands that support our capacity to invest in the business and maintain our commitment to returning cash to shareholders via our category-leading dividend," said Chris Cocks, Hasbro CEO. "Our refreshed leadership team is bringing innovative new products to our fans. At the same time, we are taking the necessary actions to transform Hasbro and deliver long-term profitable growth starting with driving significant profit growth across our segments in 2024 and building momentum in our innovation pipeline between now and 2025." "2023 was a productive year for Hasbro, although not without some challenges." said Gina Goetter, Hasbro CFO. "As we navigated the current environment, we took aggressive steps to optimize our inventory, reset the cost structure, and sharpen our portfolio focus on play with the eOne film and TV divestiture. Taken together, the actions throughout the full year have positioned the company for improved financial performance in 2024 and beyond. We are encouraged by our recent progress and remain laser focused on execution to deliver on our transformation objectives."
TRU

Hot Stocks

06:27 EST TransUnion revises previously issued financial statements - "During the fourth quarter of 2023, the company identified an error in the classification of certain costs between cost of services and selling, general and administrative in our Consolidated Statements of Operations, which resulted in an understatement of cost of services and an overstatement of selling, general and administrative in equal and offsetting amounts resulting in no impact to total operating expenses, operating income or net income. This error was incremental to the classification error of employee costs related to certain of our recent acquisitions that was identified in the second quarter of 2023. In addition, we corrected an immaterial error related to an over accrual of expenses, net of the related income tax effect, during the twelve months ended December 31, 2021, that had previously been corrected out of period during the twelve months ended December 31, 2022. We will provide additional information regarding this matter in our Annual Report on Form 10-K for the year ended December 31, 2023. As a result of the classification error described above, the company identified a material weakness in its internal control over financial reporting."
GRYP...

Hot Stocks

06:19 EST Gryphon Digital Mining produces 58 bitcoin-equivalent coins in January - Gryphon Digital Mining has released its operational update for January. Key highlights for the month: Produced approximately 58 bitcoin-equivalent coins; recorded bitcoin efficiency of 68 BTC/EH; company record average self-mining hashing power of 864 PH/s; total attributable hashing power of about ~1.3 EH/s. During January, Gryphon mined approximately 58 bitcoin-equivalent coins while posting a company record average self-mining hashing power of 864 PH/s and total attributable hashing power of approximately 1.3 EH/s. The month's performance translated into a bitcoin efficiency rating of 68 BTC/EH.
SSRM

Hot Stocks

06:17 EST SSR Mining provides multi-year production guidance and technical reports - SSR Mining provided a comprehensive and positive business update, including updated life of mine plans and the company's production outlook for 2024-2028. In 2023, SSR Mining's four operating assets produced 706,894 gold equivalent ounces at full-year cost of sales of $1,141 per payable ounce and AISC of $1,461 per payable ounce. 4Q23 production was 211,226 gold equivalent ounces at cost of sales of $1,064 per payable ounce and AISC of $1,326 per payable ounce. In 2024, the company expects to deliver total consolidated production of 540K-600K gold equivalent ounces at consolidated cost of sales of $1,300-$1,350 per payable ounce and AISC of $1,575-$1,625 per payable ounce. Total 5-year production is expected to increase 4% over prior life of mine plans to 3.1M oz. gold equivalent. Production platform approaches 800K gold eq. oz. by 2027. SSR Mining expects production and margins to remain stable at these levels through 2026 as the company delivers the Grind-Leach Circuit and Hod Maden growth projects, each with an approximately 30% or higher expected after-tax IRR. First production from the two projects is expected in 2027, driving production growth towards 800K gold equivalent ounces with AISC trending towards $1,300 per ounce by 2027. Consolidated production in 2024 is expected to be approximately 60% weighted to the second half of the year. Free cash flow in 2024 is expected to be positive despite initial growth capital spending for Hod Maden and the Grind-Leach Circuit of $117M. In 2024, growth exploration and resource development expenditures are expected to total $50M, a decrease of approximately 35% over 2023 budgets. Growth capital expenditures are expected to total $117M, driven almost entirely by Copler and Hod Maden. 2023 consolidated mineral reserves on an attributable basis are nearly 8M oz. gold eq.
T

Hot Stocks

06:15 EST AT&T, FirstNet announce 10-year investment to expand public safety network - The FirstNet Authority and its network partner, AT&T, are announcing an investment in the future of public safety communications. The FirstNet Authority's 10-year, $8B investment initiative will evolve and expand FirstNet - America's public safety network. The FirstNet Authority plans to invest $6.3B through its network contract with AT&T and anticipates an additional $2B for ongoing investments in coverage enhancements for public safety, which is currently under discussion by the parties. These strategic investments will expand and evolve FirstNet so public safety stays at the forefront of innovative, lifesaving technologies. This landmark announcement launches the next phase of FirstNet with a 10-year investment initiative that will: Provide first responders on FirstNet with always-on priority and preemption across all AT&T 5G commercial spectrum bands, starting in March. Build thousands of new, purpose-built FirstNet cell sites across the country - including 1,000 new sites within the next two years. Beyond the initial $6.3B investment, the FirstNet Authority anticipates additional investments over the next decade to deliver Band 14 coverage enhancements. These coverage investments will reflect public safety factors and network considerations, all in support of public safety response operations. Create a standalone 5G core to enhance current 5G functionality with specific public safety features on FirstNet and support the transition of public safety's Band 14 spectrum from LTE to 5G. Expand mission-critical services - voice, video, data, and location - to complement public safety's localized, voice-only radio systems with reliable, wireless connectivity. Upgrade public safety's dedicated fleet of deployable network assets with 5G connectivity to improve operational safety, security, and resiliency. Ready the network to evolve beyond 5G, while remaining focused on public safety's unique needs and emerging requirements when implementing future technological advancements.
IMRN

Hot Stocks

06:08 EST Immuron reports Travelan sales for January 2024 - Immuron announced record sales of Travelan, an over-the-counter immune supplement that targets pathogenic bacteria and the toxins they produce in the gastrointestinal tract. Sales of Travelan increased to AUD$2.1M YTD Jan 2024 compared to AUD$0.3M YTD Jan 2023. In the USA, sales of Travelan increased to AUD$0.6M YTD Jan 2024 vs AUD$0.3M YTD Jan 2023. Total U.S. citizen international visitor departures from the U.S. in November 2023 were 11% higher than in November 2022. In Canada, Immuron have recommenced Travelan sales in Canada through McKesson.
STTK OPHLY

Hot Stocks

06:07 EST Shattuck Labs enters license agreement with Ono Pharmaceutical - Shattuck Labs (STTK) announces a worldwide drug discovery collaboration with Ono Pharmaceutical (OPHLY) to generate novel bifunctional fusion proteins targeting certain pathways in autoimmune and inflammatory diseases. Under the terms of the agreement, Shattuck will receive an up-front payment and be eligible for success-based licensing, regulatory, and commercial milestone payments with a total value of up to $227M, as well as tiered royalties based on global net sales. Shattuck will lead discovery research of certain prespecified compounds directed toward a pair of targets selected by Ono from Shattuck's pipeline of bifunctional fusion proteins, and Ono will cover all of Shattuck's associated research and development expenses. Shattuck granted to Ono an exclusive option to develop and commercialize multiple products resulting from the collaboration agreement. Following an option exercise, Ono will be responsible for further development and commercialization worldwide.
BEEM

Hot Stocks

06:04 EST Beam Global announces orders from new federal customers - Beam Global announced six federal customers have placed first-time orders, expanding the Beam Global footprint among its existing federal customers. The EV ARC systems were purchased through the General Services Administration Multiple Award Schedule Contract Number 47QSWA21D0006 and the GSA Federal Blanket Purchase Agreement for Electric Vehicle Supply Equipment Contract Number 47QMCA22A0004, contracts which simplify the federal procurement process and ensure best pricing.
HTGC

Hot Stocks

06:03 EST Hercules Capital announces new supplemental cash distribution of 32c per share - Hercules Capital is pleased to announce that its Board of Directors has declared a new supplemental cash distribution of 32c per share, to be distributed equally over four quarters beginning with an 8c per share distribution for the fourth quarter of 2023. The record date is February 28 with payment date of March 6. This 8c supplemental cash distribution is in addition to the previously announced regular quarterly cash distribution that Hercules declared for the fourth quarter of 2023 of 40c per share.
FE

Hot Stocks

05:59 EST Two former FirstEnergy executives indicted in bribery scandal - Charles Jones, FirstEnergy's CEO from 2015-2020, and Michael Dowling, a former vice president of external affairs at the company, and Samuel Randazzo, a former chairman of Ohio's Public Utilities Commission, have been indicted in a multimillion-dollar public corruption scandal, Ohio Attorney General Dave Yost said on Monday. Two companies controlled by Randazzo - the Sustainability Funding Alliance of Ohio and IEU-Ohio Administration Co. - are also named in the filing. Both are alleged to be shell companies created solely for furthering Randazzo's alleged criminal activity. Jones and Dowling are accused of paying Randazzo more than $4.3M to allow the company to overcharge customers, among other offenses. Reference Link
MSFT

Hot Stocks

05:54 EST Microsoft plans Xbox business update event for February 15 - Microsoft is planning an Xbox business update event on February 15 at 3PM ET, delivered via a podcast hosted by Xbox's Phil Spencer, Sarah Bond, and Matt Booty, Xbox said via X, the platform formerly known as Twitter. Reference Link
ACIW RVYL

Hot Stocks

05:27 EST ACI Worldwide enters collaboration with Ryvyl EU - ACI Worldwide (ACIW) announced a collaboration with Ryvyl EU, a leading payments service provider, or PSP, and acquirer in Central Eastern Europe, or CEE, to help merchants across the region increase revenues through higher transaction conversion rates. Ryvyl EU is an EU-regulated electronic money institution based in Sofia, Bulgaria, and is a wholly owned subsidiary of Ryvyl (RVYL). Its services are fully compliant with the standards of the Bulgarian National Bank and EU directives as well as with MasterCard, Visa and Union Pay regulations.
RHHBY

Hot Stocks

05:23 EST Roche enters collaboration agreement with PathAI to develop pathology algorithms - Roche announced that it has entered into an agreement with PathAI. Under the terms of this agreement, PathAI will exclusively work with Roche Tissue Diagnostics, or RTD, to develop AI-enabled digital pathology algorithms in the companion diagnostics space. RTD will work exclusively with PathAI for a pre-specified term as the sole external algorithm development company for AI-powered companion diagnostics, while retaining the ability to continue to develop its own algorithms for companion diagnostics. PathAI will retain the ability to freely develop algorithms outside of companion diagnostics. Under a previous agreement from October of 2021, the companies jointly developed an embedded image analysis workflow for pathologists. This workflow allows PathAI image analysis algorithms to be accessed within Roche's navify Digital Pathology software platform. PathAI algorithms were the first to be fully integrated into the Roche Open Environment.
VRTX

Hot Stocks

05:19 EST Vertex announces EC grants conditional marketing authorization to Casgevy - Vertex announced that the European Commission has granted conditional marketing authorization to Casgevy, a CRISPR/Cas9 gene-edited therapy. Casgevy is approved for the treatment of patients who are 12 years of age and older with severe sickle cell disease, or SCD, characterized by recurrent vaso-occlusive crises, or VOCs, or transfusion-dependent beta thalassemia, or TDT, for whom hematopoietic stem cell, or HSC, transplantation is appropriate and a human leukocyte antigen matched related HSC donor is not available.
ERIC

Hot Stocks

05:17 EST Ericsson provides 5G core network to Swedish Civil Contingencies Agency - The Swedish Civil Contingencies Agency, or MSB, has procured a 5G core network from Ericsson to develop Rakel G2, Sweden's critical communications network for public safety and emergency services including national defense purposes.
IDCC

Hot Stocks

05:13 EST InterDigital, Broadpeak enter pact to develop content delivery networks - InterDigital and Broadpeak announced a collaboration to develop content delivery networks capable to stream MPEG Visual Volumetric Video-based Coding, or V3C, immersive content at scale. InterDigital will contribute the V3C end-to-end implementation platform built jointly with its partner Philips, and Broadpeak will contribute on packaging and content delivery network (CDN) technologies. Together the partners will demonstrate and benchmark efficient delivery of immersive media, including through industry trade shows.
FUN

Hot Stocks

05:10 EST Cedar Fair to hire 1,600 seasonal associates - Valleyfair said it plans to hire more than 1,600 seasonal associates as it prepares to open for the 2024 season in May. The park anticipates filling the majority of those roles during a week-long hiring blitz to be held February 17-24 as part of one of the largest-ever recruiting campaigns by Cedar Fair, across all its parks in the United States and Canada.
STLA

Hot Stocks

05:07 EST Chrysler unveils Halcyon Concept - Chrysler unveiled the Chrysler Halcyon Concept, exemplifying a fully electrified future of the Chrysler brand. Chrysler will launch the brand's first battery-electric vehicle in 2025 and will feature an all-electric portfolio in 2028. The Chrysler Halcyon Concept reinforces the brand's commitment to the Stellantis Dare Forward 2030 plan, which cultivates the electrified propulsion systems that will enable Stellantis to cut its global carbon footprint by 50% by 2030 and to lead the transportation industry by achieving net carbon zero by 2038.