Stockwinners Market Radar for April 05, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

PALI

Hot Stocks

19:50 EDT Palisade Bio Inc trading halted, news pending
SSRM

Hot Stocks

18:43 EDT SSR Mining updates ongoing recovery efforts at the Copler mine - "SSR Mining provides an update on the ongoing recovery efforts at the Copler mine in Turkiye. Since the February 13 incident, the priority at Copler has been the recovery of our nine missing colleagues. In the evening of Friday, April 5, the body of one of the missing personnel was recovered from the Manganese Pit. The family of the deceased has been notified, along with the relevant government authorities. Our thoughts continue to be with all of the impacted families. The search for our missing colleagues continues, with over 4 million tonnes of displaced material removed to date from the Sabrl Valley, Manganese Pit and heap leach pad."
PWFL

Hot Stocks

18:39 EDT PowerFleet to restate certain financial statements - Powerfleet announced its intention to adjust its historical accounting treatment for the redemption premium associated with its Series A convertible preferred stock, which was fully redeemed in connection with the closing of the company's business combination with MiX Telematics Limited on April 2, due to a technical accounting issue. This will result in the restatement of its financial statements for the fiscal years ended December 31, 2021 and 2022, and for each of the interim periods during the 2022 and 2023 fiscal years. The technical accounting issue was identified during the final stages of the preparation for filing of the company's financial statements for the fiscal year ended December 31, 2023 and has been determined by the company to require adjustment to comply with Generally Accepted Accounting Principles. In connection with the restatement, the company expects to voluntarily revise the financial statements for the same periods to make other unrelated and immaterial revisions. This action follows a comprehensive review by the company's management and audit committee. The company is working diligently to finalize the restatement process. The company is committed to completing this process as swiftly as reasonably possible and is well positioned to file the 2023 Form 10-K with the SEC in April 2024.
BHC AMRX

Hot Stocks

18:19 EDT Bausch Health files patent lawsuit against Amneal Pharmaceuticals - Bausch Health Companies (BHC) along with its gastroenterology business, Salix Pharmaceuticals, announced that it filed a lawsuit in the United States District Court for the District of New Jersey against Amneal Pharmaceuticals (AMRX) of New York, Amneal EU, Limited, Amneal Pharmaceuticals, Amneal Pharmaceuticals Private Limited, and Amneal Pharmaceuticals. This lawsuit follows receipt of a Notice of Paragraph IV Certification stating that Amneal submitted an Abbreviated New Drug Application to the U.S. FDA seeking approval to market a generic version of XIFAXAN 550 mg tablets. Amneal asserts that certain patents listed in the FDA's Orange Book for XIFAXAN are unenforceable, invalid, and/or not infringed by Amneal's ANDA product. This action formally initiates the litigation process under the Hatch-Waxman Act and triggers a 30-month stay of any potential FDA approval for Amneal's ANDA.
DG

Hot Stocks

18:00 EDT Dollar General CIO Wenkoff sells 5,909 common shares - In a regulatory filing, Dollar General chief information officer Carman Wenkoff disclosed the sale of 5,909 common shares of the company on April 4 at a price of $162.2299 per share.
LHX

Hot Stocks

17:07 EDT L3Harris awarded $155.25M government contract - L3Harris Global Communications Inc., Rochester, New York, was awarded a $155,250,000 firm-fixed-price contract for mobile and secure communications services. Bids were solicited via the internet with two received. Work locations and funding will be determined with each order, with an estimated completion date of April 5, 2028. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity.
GD

Hot Stocks

17:06 EDT General Dynamics Land Systems awarded $518.83M government contract - General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $518,828,362 cost-plus-fixed-fee contract for Stryker system technical support. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of March 31, 2029. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity.
HOWL

Hot Stocks

17:06 EDT Werewolf Therapeutics to present data from studies of WTX-518, WTX-712 at AACR - Werewolf Therapeutics is presenting preclinical data on development candidates WTX-518 and WTX-712 in posters at the American Association for Cancer Research Annual Meeting, taking place April 5-10 in San Diego, California."We are excited to share that both WTX-518 and WTX-712 demonstrate powerful immunotherapeutic effects in preclinical models," said Daniel J. Hicklin, Ph.D., President and Chief Executive Officer of Werewolf. "WTX-518 exhibits remarkable tumor-selective activation, resistance to IL-18BP and robust immune activation, overcoming key hurdles in the use of this promising cytokine in cancer therapy. WTX-712 acts through a unique mechanism that robustly activates tumor-specific T lymphocytes with an expanded therapeutic window through its selective release of wild-type IL-21 in the TME. These data collectively highlight the innovative strategies we are pursuing to further expand the repertoire of unique immune stimulating cytokine mechanisms in the fight against cancer." Results highlighting WTX-518 findings are summarized in a poster titled, "Discovery of WTX-518, an IL-18 pro-drug that is conditionally activated within the tumor microenvironment and induces regressions in mouse tumor models" (Abstract #4074). Key takeaways reveal that WTX-518: is inducible, and its in vitro activity is not impeded by IL-18BP; selectively delivers active binding protein resistant IL-18 to the tumor microenvironment; and promotes increased influx and activation of NK cells and polyfunctional CD8 T cells in the TME, and demonstrates complete tumor regression in the MC38 mouse tumor model. The WTX-712 data are summarized in a poster titled, "WTX-712, a conditionally active IL-21 INDUKINE molecule, induces a strong anti-tumor phenotype through a differentiated mechanism" (Abstract #4078). Key takeaways reveal that: WTX-712 demonstrates inducibility and antitumor activity with regressions in the MC38 mouse tumor model; IL-21 HLE has superior anti-tumor efficacy compared to IL-2 HLE therapy in mouse tumor models that are highly resistant to anti-PD-1/PD-L1 treatment, in part due to the activation of type-I IFN pathways; and IL-21 HLE promotes sustained expansion and activation of tumor infiltrating CD8 T cells with increased polyfunctionality and induces expression of cytotoxic effector molecules (Granzyme A, Granzyme B, and perforin). Werewolf plans to develop WTX-518 and WTX-712 as potential immunotherapies in refractory and/or immunologically unresponsive tumors.
TCN BX

Hot Stocks

17:02 EDT Tricon receives final court approval for take private deal - Tricon Residential (TCN) announced that the Ontario Superior Court of Justice has granted a final order approving its previously announced statutory plan of arrangement under the Business Corporations Act pursuant to which Blackstone Real Estate Partners X (BX), together with Blackstone Real Estate Income Trust, Inc. will acquire all of the outstanding common shares of the Tricon for $11.25 per Common Share in cash. Completion of the Transaction remains subject to the satisfaction or waiver of certain customary closing conditions, including the receipt of regulatory approval under the Investment Canada Act. Subject to the satisfaction or waiver of all of the conditions to the Transaction, the Transaction is expected to be completed in the second quarter of this year. Following completion of the Transaction, it is anticipated that the Common Shares will be delisted from the New York Stock Exchange and the Toronto Stock Exchange and that the Company will apply to cease to be a reporting issuer under applicable Canadian securities laws and will deregister the Common Shares under the U.S. Securities Exchange Act of 1934, as amended
SRFM

Hot Stocks

17:01 EDT Surf Air Mobility receives continued listing standard notice from NYSE - Surf Air Mobility announced that on April 2, it received notice from the New York Stock Exchange that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of Surf Air's Common Stock was less than $1.00 over a consecutive 30 trading-day period. The NYSE notice has no immediate impact on the listing of Surf Air's Common Stock, and the Common Stock will continue to be listed and trade on the NYSE, subject to Surf Air's compliance with other NYSE continued listing standards.
BRAG

Hot Stocks

17:00 EDT Bragg Gaming CFO Kannor resigns - Bragg Gaming Group announced that Chief Financial Officer Ronen Kannor has notified Bragg's board of directors that he will resign from his position to pursue other career opportunities, effective June 3, 2024. The company confirms that the search for a replacement CFO has commenced. Matev Mazij, Chief Executive Officer and Chair of the Board, commented, "We thank Ronen for his dedication and commitment to Bragg over the past four years and for his unwavering service as a pivotal member of the leadership team. During his tenure as CFO, the Company has undergone huge positive transformation including being uplisted to the Toronto Stock Exchange, dual listed on the NASDAQ and successfully completing two acquisitions, all while reporting consecutive years of revenue, gross profit and adjusted EBITDA growth. We wish Ronen all the very best in his future endeavors."
TSLA

Hot Stocks

16:53 EDT Tesla CEO Musk says Tesla Robotaxi to be unveiled August 8 - In a post on X, formerly Twitter, Tesla CEO Elon Musk said that the Tesla Robotaxi will be unveiled on August 8. Reference Link
LOCL

Hot Stocks

16:32 EDT Local Bounti receives continued listing standard notice from NYSE - Local Bounti Corporation announced that on April 3, 2024, it received a notice from the New York Stock Exchange that it is not in compliance with the NYSE continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual due to the fact that the Company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders' equity was less than $50 million. In accordance with NYSE procedures, the Company intends to notify the NYSE that it plans to submit a plan within 45 days of receipt of the Notice advising the NYSE of definitive action it has taken, or is taking, to bring it into compliance with the Minimum Market Capitalization Standard within 18 months of receipt of the Notice. Any plan submitted by the Company to regain compliance would be subject to NYSE approval.
AC

Hot Stocks

16:31 EDT Associated Capital reports preliminary Q1 book value per share of $42.67-$42.87 - Associated Capital Group announced a preliminary range for its first quarter book value of $42.67 to $42.87 per share. This compares to $42.11 per share at December 31, 2023 and $41.30 per share at March 31, 2023.
AGEN

Hot Stocks

16:31 EDT Agenus announces 1-for-20 reverse stock split - Agenus announced its stockholders have approved a one-for-twenty reverse stock split of its issued and outstanding common stock, which will go into effect at 12:01 a.m., Eastern Time on April 12. The reverse stock split is intended to give Agenus greater flexibility in its future financing needs and to increase the per share trading price of Agenus' common stock to satisfy the minimum price requirement for continued listing on the Nasdaq Capital Markets and to qualify for inclusion in the Russell Indices. Agenus expects that upon the opening of trading on April 12, its common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under the current trading symbol "AGEN" and the new CUSIP number 00847G 804.
LLY

Hot Stocks

16:30 EDT Eli Lilly sees Q1 pre-tax IPR&D charges of roughly $111M - Eli Lilly said it currently expects that its reported financial results calculated in accordance with U.S. generally accepted accounting principles and its non-GAAP financial results for the first quarter of 2024 will include acquired IPR&D charges of approximately $111M on a pre-tax basis, representing a charge of approximately 10c to both GAAP and non-GAAP earnings per share. Lilly's results for the quarter ended March 31, 2024, have not been finalized and are subject to Lilly's financial statement closing procedures. There can be no assurance that actual results will not differ from the preliminary estimates described herein. As previously disclosed, while acquired IPR&D charges may be incurred upon execution of collaborations, licensing agreements, and other asset acquisitions, Lilly does not forecast acquired IPR&D charges due to the uncertainty of the future occurrence, magnitude, and timing of these transactions in any given period.
CFSB

Hot Stocks

16:15 EDT CFSB Bancorp announces adoption of repurchase program - CFSB Bancorp announced it has adopted a program to repurchase up to 152,287 shares of its common stock, which is approximately 5% of its outstanding common stock. This is the Company's first stock repurchase program since completing its mutual holding company reorganization and related stock offering in January 2022. Repurchases are expected to commence after the Company publicly releases its results of operations for the period ended March 31, 2024. Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be made in accordance with Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements. The Company is not obligated to repurchase any particular number of shares or any shares in any specific time period.
VITL

Hot Stocks

16:10 EDT Vital Farms COO to transition to advisory role - In a regulatory filing, Vital Farms disclosed that on April 3, the company entered into a transition agreement with Jason Dale, the company's COO and principal operating officer, pursuant to which Dale will transition into a non-employee advisory role with the company. The company is engaged in a search for a Chief Supply Chain Officer to assume certain of Dale's responsibilities. Pursuant to the COO Transition Agreement, Dale will serve as COO and principal operating officer until the earlier to occur of: (i) the start date of the company's Chief Supply Chain Officer or (ii) August 31. On August 31, Dale will transition to a non-employee advisory role through December 31 to ensure a smooth leadership transition
SOND

Hot Stocks

16:06 EDT Sonder Holdings receives Nasdaq notice of non-compliance - Sonder Holdings announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market on April 2. The Notice indicated that the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023, as described more fully in the company's Form 12b-25 Notification of Late Filing filed with the SEC on March 15. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
RDCM

Hot Stocks

16:05 EDT Radcom CEO Shemesh to step down, Itman named interim CEO - Radcom announced that the Board has appointed Mr. Hilik Itman as interim CEO, effective April 7, 2024. Hilik, who has served as the Company's Chief Operating Officer since 2020, brings 27 years of invaluable experience with Radcom, having held various key roles in R&D and serving as Vice President of Research and Development since 2014. Mr. Guy Shemesh, who assumed the CEO role in mid-February, is stepping down, effective April 7, 2024, due to personal reasons. The board has initiated a thorough search process for a permanent CEO to lead the company into the next phase of its growth and transformation journey.
MRIN

Hot Stocks

16:00 EDT Marin Software stockholders, board approve reverse stock split - Marin Software Incorporated announced that at its annual meeting of stockholders held today, stockholders voted to approve a proposal authorizing the Board of Directors to effect a reverse stock split of Marin's outstanding shares of common stock at a ratio of not less than 1-for-4 and not more than 1-for-6, with the exact ratio to be set within that range at the discretion of the Board of Directors, and a proposal to reduce the number of authorized shares of Marin's common stock from 142,857,143 to that number of shares equal to 142,857,143 multiplied by two times the stock split ratio. Marin's Board of Directors has determined that the reverse stock split ratio will be 1-for-6. The Reverse Stock Split is expected to take effect at 5:00 p.m. Eastern Time on April 12, 2024 and Marin expects that its common stock will trade on a split-adjusted basis on at the opening of trading on April 15, 2024. Upon the effectiveness of the Reverse Stock Split, every 6 shares of Marin's issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock with any fractional amounts rounded down and paid in cash in lieu of the fractional amount. The Reverse Stock Split will reduce the number of shares of outstanding common stock from approximately 18.4 million to approximately 3.1 million. The Reverse Stock Split will not affect any stockholder's ownership percentage of Marin's common stock.
VTRU

Hot Stocks

16:00 EDT Vitru Ltd trading resumes
VTRU

Hot Stocks

15:49 EDT Vitru Ltd trading halted, volatility trading pause
ANL

Hot Stocks

15:48 EDT Adlai Nortye Ltd (ADR) trading resumes
DOGZ

Hot Stocks

15:38 EDT Dogness Internationa trading resumes
ENPH

Hot Stocks

15:35 EDT Enphase Energy disclosed resignation of Chief Commercial Officer - Enphase Energy disclosed earlier today that David Ranhoff, Chief Commercial Officer, notified the company of his intention to step down, effective as of June 30. Ranhoff will transition from his current position to a part-time role as commercial advisor, effective July 1. "Mr. Ranhoff is stepping down for personal reasons and there are no disagreements between Mr. Ranhoff and the Company on any matters relating to the Company's operations, policies or practices," Enphase added.
DOGZ

Hot Stocks

15:33 EDT Dogness Internationa trading halted, volatility trading pause
ANL

Hot Stocks

15:31 EDT Adlai Nortye Ltd (ADR) trading halted, volatility trading pause
SPNS

Hot Stocks

15:13 EDT Sapiens jumps after Reuters says exploring possible sale - Sapiens is working with William Blair to explore options including a potential sale, Milana Vinn of Reuters reports, citing people familiar with the matter. The company started exploring a sale after attracting takeover interest last summer but put its plans on hold due to the conflict between Israel and Hamas, one of the sources said. Sapiens revived its efforts to sell itself a few weeks ago, and Blair is gauging interest from potential buyers that could include private equity firms, the sources told Reuters. Shares of Sapiens are up 6% to $33.22 following the report.
CRH

Hot Stocks

15:13 EDT CRH acquires BoDean Company Inc. and Northgate Ready Mix, no terms - CRH announced the acquisition of BoDean Company Inc. and Northgate Ready Mix in Santa Rosa, CA. These acquisitions represent the first entry by CRH's Materials Solutions business into the state of California and enhance CRH's ability to provide integrated solutions to customers in the attractive Northern California market. Both companies complement CRH's Materials Solutions business in the Western U.S. and add two aggregates quarries, two ready mixed concrete plants, one asphalt plant and one recycle plant to its operations. BoDean and Northgate have proven track records for supplying customers with quality materials and are also known for innovation and sustainability.
CRH

Hot Stocks

15:13 EDT CRH acquires BoDean Company Inc. and Northgate Ready Mix, no terms - CRH announced the acquisition of BoDean Company Inc. and Northgate Ready Mix in Santa Rosa, CA. These acquisitions represent the first entry by CRH's Materials Solutions business into the state of California and enhance CRH's ability to provide integrated solutions to customers in the attractive Northern California market. Both companies complement CRH's Materials Solutions business in the Western U.S. and add two aggregates quarries, two ready mixed concrete plants, one asphalt plant and one recycle plant to its operations. BoDean and Northgate have proven track records for supplying customers with quality materials and are also known for innovation and sustainability.
SPNS

Hot Stocks

15:08 EDT Sapiens jumps 7% to $33.32 after Reuters says exploring sale
SPNS

Hot Stocks

15:02 EDT Sapiens trading resumes
SPNS

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14:57 EDT Sapiens trading halted, volatility trading pause
ARRW

Hot Stocks

14:47 EDT Arrowroot Acquisition Corp trading resumes
ARRW

Hot Stocks

14:42 EDT Arrowroot Acquisition Corp trading halted, volatility trading pause
AAU

Hot Stocks

13:59 EDT Almaden Minerals confirms delisting from NYSE American, listing on OTCQB - Almaden Minerals announced that, further to its press releases of April 21, 2023, October 25, 2023 and March 14, 2024, effective as of market close on April 4, 2024, the Company has delisted from the NYSE American stock exchange, and its common shares are listed and trading on the OTCQB Marketplace in the U.S., under symbol "AAUAF." In addition to the OTCQB, the Company's shares continue to trade on the TSX.
BKR

Hot Stocks

13:02 EDT Baker Hughes reports U.S. rig count down 1 to 620 rigs - Baker Hughes reports that the U.S. rig count is down 1 from last week to 620 with oil rigs up 2 to 508, gas rigs down 2 to 110 and miscellaneous rigs down 1 to 2. The U.S. Rig Count is down 131 rigs from last year's count of 751 with oil rigs down 82, gas rigs down 48 and miscellaneous down 1. The U.S. Offshore Rig Count is unchanged at 20, up 3 year-over-year. The Canada Rig Count is down 15 from last week to 136, with oil rigs down 10 to 65, and gas rigs down 5 to 71. The Canada Rig Count is up 9 from last year's count of 127, with oil rigs up 13, and gas rigs down 4.
BKR

Hot Stocks

13:01 EDT Baker Hughes reports U.S. rig count down 1 to 620 rigs
CBNK

Hot Stocks

13:01 EDT Capital Bancorp appoints Anguel Lindarev as EVP, CIO, effective immediately - Capital Bank announced the appointment of Anguel Lindarev as Executive Vice President and Chief Information Officer, effective immediately. "Anguel's impressive track record in leading technology operations and his forward-thinking approach to digital transformation make him the ideal leader to drive our IT strategy," said Ed Barry, CEO of Capital Bank. Prior to joining Capital Bank, Lindarev served as Executive Vice President, Chief Information Officer of American National Bank.
NGL

Hot Stocks

12:53 EDT NGL Energy Partners announces sale of New Mexico ranches - NGL Energy Partners LP announced that it has completed the sale of its North and South Ranches. These two New Mexico ranches have combined acreage of approximately 122,250 acres, in the core of the Delaware. New Mexico Ranches Highlights: Approximately $70M in proceeds, including working capital; Including asset sales in FY24, NGL has exceeded the $150M asset sale guidance. "NGL remains focused on our commitment to deliver reliable produced water management for our customers while remaining focused on the environment and the sustainability of our operations," commented Doug White, EVP of NGL Water Solutions. "Today's announcement highlights our focus on portfolio optimization, especially as we look for additional opportunities to enhance the portfolio with opportunities like the recently announced LEX II Project."
CZOO

Hot Stocks

12:47 EDT Cazoo Group trading resumes
CZOO

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12:42 EDT Cazoo Group trading halted, volatility trading pause
EDBL

Hot Stocks

12:37 EDT Edible Garden AG Inc trading resumes
EDBL

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12:32 EDT Edible Garden AG Inc trading halted, volatility trading pause
GE

Hot Stocks

12:03 EDT GE Aerospace declares 28c per share quarterly dividend - GE Aerospace declared a 28c per share dividend on the outstanding common stock of the company. The dividend is payable April 25, to shareholders of record at the close of business on April 15. The ex-dividend date is April 12. GE's dividend before the spinoff was 8c per share.
CPAC

Hot Stocks

12:00 EDT Cementos Pacasmayo falls -5.7% - Cementos Pacasmayo is down -5.7%, or -33c to $5.49.
MYTE

Hot Stocks

12:00 EDT Mytheresa falls -8.4% - Mytheresa is down -8.4%, or -31c to $3.36.
ZGN

Hot Stocks

12:00 EDT Ermenegildo Zegna falls -16.7% - Ermenegildo Zegna is down -16.7%, or -$2.33 to $11.62.
CDE

Hot Stocks

12:00 EDT Coeur Mining rises 9.8% - Coeur Mining is up 9.8%, or 42c to $4.76.
AGS

Hot Stocks

12:00 EDT PlayAGS rises 11.1% - PlayAGS is up 11.1%, or 94c to $9.42.
TGS

Hot Stocks

12:00 EDT Transportadora de Gas del Sur SA rises 16.4% - Transportadora de Gas del Sur SA is up 16.4%, or $2.75 to $19.47.
TSLA

Hot Stocks

11:44 EDT Musk says Reuters 'lying' following report of scrapping Model 2 - Tesla (TSLA) CEO Elon Musk said via X that "Reuters is lying (again)" after the news agency reported that Tesla canceled plans to build its most inexpensive car, the Model 2. Sources told Reuters that Tesla will continue developing self-driving robotaxis on the same small-vehicle platform. Shares of Tesla are down 3% to $166.45 in late morning trading. The stock is off the day's lows following Musk's tweet.
TSLA

Hot Stocks

11:39 EDT Musk says "Reuters is lying' following report of ending low cost car
TSLA

Hot Stocks

11:15 EDT Tesla drops 4.2% to $164.16 after report says EV maker scraps low-cost car
PARA

Hot Stocks

11:11 EDT Paramount sinks 5% after CNBC report details Skydance offer - The offer would keep Paramount public and be dilutive to shareholders, according to CNBC. Paramount shares are down 5% to $11.81 in morning trading.
LUV

Hot Stocks

11:05 EDT Southwest nominates 14 candidates to stand for election for board - As disclosed in the Company's Proxy Statement, the Southwest Airlines Co. Board of Directors nominated 14 candidates to stand for election at the Company's Annual Meeting of Shareholders on May 15, 2024. As previously announced, the Board nominated Lisa Atherton to join the Board as a new Director. Directors Ron Ricks and John Montford will not stand for reelection. If all nominees are elected, the Board will consist of 14 members, a reduction from the current size of 15
THTX

Hot Stocks

11:04 EDT Theratechnologies appoints Elina Tea to board of directors - Theratechnologies announced the appointment of Elina Tea, CFO at GLS North America, to its Board of Directors and as a member of the Company's Audit Committee. Ms. Tea will be Investissement Quebec's designee pursuant to its investor rights agreement with the Company.
EXROF

Hot Stocks

11:03 EDT Exro Technologies, SEA Electric complete merger - Exro Technologies and SEA Electric announced the closing of the previously announced merger, pursuant to which Exro acquired all of the issued and outstanding shares of common stock and preferred stock of SEA Electric that it did not already own. The Transaction was approved at a special meeting of shareholders of Exro held on April 4, 2024. Pursuant to the Transaction, former SEA Electric stockholders received 31.463 common shares of Exro and 34.4999 convertible preferred shares of Exro for each share of SEA Stock. As a result of the Transaction, Exro issued an aggregate of 146,453,200 Common Shares and 160,589,446 Preferred Shares and SEA Electric became an indirect wholly-owned subsidiary of Exro. Following closing of the Transaction, the combined company will continue to operate under the name Exro Technologies Inc. and continue to be listed and trade on the Toronto Stock Exchange under the ticker symbol "EXRO". Concurrent with the closing of the Transaction, Tony Fairweather, CEO of SEA Electric, and John MacLeod, a director of SEA Electric, have joined the board of directors of the Combined Company and Terence Johnsson and Anita Ganti have resigned from the board of directors.
CNK

Hot Stocks

10:00 EDT Cinemark rises 6.5% - Cinemark is up 6.5%, or $1.22 to $19.98.
TGS

Hot Stocks

10:00 EDT Transportadora de Gas del Sur SA rises 8.1% - Transportadora de Gas del Sur SA is up 8.1%, or $1.36 to $18.08.
AGS

Hot Stocks

10:00 EDT PlayAGS rises 9.1% - PlayAGS is up 9.1%, or 77c to $9.25.
TSE

Hot Stocks

10:00 EDT Trinseo falls -7.1% - Trinseo is down -7.1%, or -28c to $3.66.
MYTE

Hot Stocks

10:00 EDT Mytheresa falls -7.4% - Mytheresa is down -7.4%, or -27c to $3.40.
ZGN

Hot Stocks

10:00 EDT Ermenegildo Zegna falls -16.6% - Ermenegildo Zegna is down -16.6%, or -$2.31 to $11.63.
GATO

Hot Stocks

09:47 EDT Gatos Silver falls -5.5% - Gatos Silver is down -5.5%, or -50c to $8.59.
CMCM

Hot Stocks

09:47 EDT Cheetah Mobile falls -6.8% - Cheetah Mobile is down -6.8%, or -22c to $3.02.
MUX

Hot Stocks

09:47 EDT McEwen Mining falls -9.2% - McEwen Mining is down -9.2%, or -$1.01 to $9.94.
CNK

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09:47 EDT Cinemark rises 6.0% - Cinemark is up 6.0%, or $1.12 to $19.88.
CURV

Hot Stocks

09:47 EDT Torrid rises 7.4% - Torrid is up 7.4%, or 34c to $4.94.
GBX

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09:47 EDT Greenbrier rises 9.5% - Greenbrier is up 9.5%, or $4.95 to $57.35.
PG

Hot Stocks

09:45 EDT Procter & Gamble recalls 8.2M defective bags of Tide, Gain, Ace, Ariel Pods - Procter & Gamble announced a voluntary packaging recall of Tide Pods, Gain Flings, Ace Pods and Ariel Pods liquid laundry detergent packets packaged in flexible film bags. This recall announcement applies only to bags distributed in the United States. The outer packaging meant to prevent access to the contents can split open near the zipper track, posing a risk of serious injury to children and other vulnerable populations if the contents of the laundry detergent packets are ingested, as well as posing a risk of skin or eye injuries. Ingestion of a large quantity of any surfactant-containing household cleaning products can cause death among individuals with underlying health issues.
CADL

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09:41 EDT Candel Therapeutics Inc trading resumes
GCTS

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09:40 EDT GCT Semiconductor Holding Inc trading resumes
CADL

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09:36 EDT Candel Therapeutics Inc trading halted, volatility trading pause
GCTS

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09:35 EDT GCT Semiconductor Holding Inc trading halted, volatility trading pause
CORZ

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09:27 EDT Core Scientific reports March bitcoin sold 981 vs 952 last month - Earned 906 self-mined bitcoin; deployed first shipment of approximately 2,500 S21 miners; expanded owned operational infrastructure to 745 megawatts; and operated approximately 224,000 owned and hosted bitcoin miners for a total energized hash rate of 25.6 exahash as of March 31, 2024. Core Scientific released unaudited production and operations updates for March 2024. "In the last full month before the halving, Core Scientific set the pace once again, earning more bitcoin than any other publicly listed miner in North America, and expanding our owned infrastructure to 745 megawatts," said Adam Sullivan, Core Scientific's Chief Executive Officer. "We expanded our energized self-mining hash rate in March to 19.3 exahash on our way to achieving our goal of 21.8 exahash by the end of 2024. This hash rate expansion resulted from deploying our first shipment of S21 bitcoin miners while relocating the prior generation miners they replaced to sites where they can operate more efficiently."
HON

Hot Stocks

09:22 EDT Honeywell Safety Products issues voluntary recall of eyewash cartridges - Honeywell Safety Products USA, Inc. is voluntarily recalling Fendall 2000 Non-Sterile Eyewash Cartridge for the Fendall 2000 Eyewash Station. This recall is being conducted at the industrial consumer level. Honeywell's supplier of the Fendall 2000 Non-Sterile Eyewash Cartridge has been found to be non-compliant with current good manufacturing practice requirements. Use of or exposure to the eyewash without seeking medical attention afterwards could result in a range of ocular infections such bacterial keratitis or endophthalmitis. Immunocompromised individuals, those sustaining ocular injuries that damage the corneal epithelium, and those sustaining penetrating ocular injuries are at higher risk of potential infection. To date, Honeywell Safety Products USA, Inc. has not received any reports of adverse events related to this recall. Reference Link
EGLE SBLK

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09:14 EDT Eagle Bulk Shipping shareholders approve merger with Star Bulk Carriers - Eagle Bulk Shipping announced that its shareholders voted in favor of a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023, entered into by and among Star Bulk Carriers Corp., Star Infinity Corp. and the Company and the merger contemplated thereby and a proposal to authorize and approve the issuance of shares of the Company's common stock, $0.01 par value per share, issuable upon the potential future conversion of the Company's 5.00% Convertible Senior Notes due 2024 in excess of the conversion share cap set forth in the Indenture, dated as of July 29, 2019, between the Company and Deutsche Bank Trust Company Americas at its special meeting of shareholders held earlier today. At the Special Meeting, approximately 65% of the Company's outstanding shares were voted in favor of the Merger Proposal and approximately 96% of the votes cast were voted in favor of the Convertible Note Share Issuance Proposal. The final voting results on the proposals voted on at the Special Meeting will be set forth in Eagle's Form 8-K to be filed with the Securities and Exchange Commission after certification by the inspector of elections. Under the terms of the Merger Agreement, at the effective time, each share of the Common Stock issued and outstanding immediately prior to the effective time will be cancelled in exchange for the right to receive 2.6211 shares of common stock of Star Bulk, par value $0.01 per share, and any cash payable in respect of fractional shares. The Company now expects to complete the merger on or about April 9, 2024, subject to the satisfaction of the remaining closing conditions.
BMY TSVT

Hot Stocks

09:08 EDT Bristol Myers, 2seventy Bio's Abecma approved by U.S. FDA - Bristol Myers Squibb (BMY) and 2seventy bio (TSVT) have announced that on April 4, 2024, the U.S. Food and Drug Administration, FDA, approved Abecma for the treatment of adult patients with relapsed or refractory multiple myeloma after two or more prior lines of therapy including an immunomodulatory agent, a proteasome inhibitor, and an anti-CD38 monoclonal antibody, based on results from the KarMMa-3 trial. This approval expands Abecma's indication, making it available in earlier lines to patients who have relapsed or become refractory after exposure to these three main classes of treatment, after two prior lines of therapy. Abecma is administered as a one-time infusion, with a new recommended dose range of 300 to 510 x 106 CAR-positive T cells. "We are extremely pleased that Abecma will be available to many more patients in the U.S.," said Chip Baird, chief executive officer, 2seventy bio. "This approval represents another important milestone for patients, for Abecma, and for 2seventy bio as we remain committed to increasing treatment options and working to improve outcomes for patients living with multiple myeloma."
EXPI

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09:05 EDT eXp World appoints Leo Pareja as CEO of eXp Realty - eXp Realty announced the appointment of Leo Pareja as its new CEO, effective immediately. He succeeds Glenn Sanford, who will now fully dedicate his efforts to his position as Founder, Chairman, and CEO of eXp World Holdings. In his previous role as Chief Strategy Officer, Pareja was instrumental in solidifying eXp Realty's standing in the competitive real estate marketplace.
SMTI ENOV

Hot Stocks

09:04 EDT Sanara MedTech appoints Jake Waldrop as COO - Sanara MedTech (SMTI) announced the appointments of Jake Waldrop as COO and Tyler Palmer as Chief Corporate Development and Strategy Officer. Most recently Mr. Waldrop held the position of CFO for Trilliant Surgical, and after their sale to Enovis in early 2021, Jake held the position of Vice President of Finance and Integrations for the newly founded Foot and Ankle division of Enovis (ENOV). On his most recent role, Mr. Palmer served as the Senior Vice President of Corporate Development, Strategy, and Product at AQuity Solutions. Mr. Waldrop's appointment is effective April 15, 2024 and Mr. Palmer's appointment was effective April 1, 2024.
ACGL

Hot Stocks

09:04 EDT Arch Capital North America to acquire Allianz's U.S. Midcorp and Entertianment - Arch Insurance North America, part of Arch Capital Group, announces it has entered into a master transaction agreement to acquire the U.S. MidCorp and Entertainment insurance businesses, including select specialty insurance programs, from Allianz Global Corporate & Specialty SE for a $450 million cash consideration to Allianz. Arch estimates its capital requirement to support the business will be approximately $1.4 billion. "The acquisition of the MidCorp business meaningfully expands our presence in the U.S. middle market, a targeted growth area for Arch," said Matt Shulman, CEO for Arch Insurance North America. "This transaction will enhance our distribution relationships, broaden our product suite and expand our ability to participate in these underwriting-intensive middle-market lines. We are also excited to add a market-leading Entertainment business that complements Arch Insurance's existing portfolio of specialty products."
EGIO

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09:02 EDT Edgio receives expected notice from NASDAQ - Edgio announced that it received an expected notice on April 4, 2024 from The Nasdaq Stock Market, Nasdaq, stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) because the Company has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.
KNW

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09:02 EDT Know Labs to present clinical research at 2024 American Physiology Summit - Know Labs announced it has been selected for an abstract poster presentation at the American Physiological Society, APS, Summit in Long Beach, California on April 4-7, 2024. The Company will present results titled, "Non-Invasive Blood Glucose Monitoring Using a Radiofrequency Sensor and a Machine Learning Model." These results demonstrated that novel data preprocessing techniques, continued algorithm refinement and more high-resolution data improved the accuracy for Know Labs' proprietary radiofrequency dielectric sensor in measuring blood glucose using a popular CGM as a comparative reference. These results were first published last year.
CWK

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09:01 EDT Cushman & Wakefield selected by MIT for generative AI - Cushman & Wakefield announced that the commercial real estate services firm will participate in the MIT Working Group on Generative AI and the Work of the Future. This initiative, led by the Massachusetts Institute of Technology, aims to explore the implications of generative AI on the future of work. "As a company committed to innovation and advancing our industry, we recognize the importance of understanding and harnessing the potential of generative AI," said Sal Companieh, Chief Digital & Information Officer. "Joining forces with MIT and other leading organizations in this working group allows us to contribute to the conversation while gaining valuable insights that will shape the future of our workforce."
MDXXF

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09:01 EDT PharmAla says Cortexa commences manufacturing GMP LaNeo MDMA in Australia - PharmAla Biotech Holdings announced that its joint venture, Cortexa, has commenced batch manufacturing of GMP LaNeo MDMA 40mg capsules to support both clinical trials and clinical use under the TGA's Authorised Prescriber pathway. In doing so, Cortexa achieves another significant milestone, domestic Australian manufacturing, further strengthening its position as a leader in the Australian psychedelic landscape by executing on its plan to develop a reliable local supply. This advantage will free local clinicians and researchers from the costly and time-consuming burden of importation and provides seamless access to medication. After a comprehensive due diligence process, Cortexa has entered an exclusive arrangement with Perth-based contract manufacturer Optima Ovest. Combined with Cortexa's access to intellectual property and manufacturing experience from PharmAla, the agreement with Optima allows not only the establishment of onshore manufacture, but ensures a secure, domestic source of medication independent of the international supply chain.
SFTCF MSFT

Hot Stocks

09:01 EDT Softchoice announces new strategic partnership agreement with Microsoft - Softchoice Corporation (SFTCF) announced that it has signed a new strategic partnership framework agreement with Microsoft Corporation (MSFT) to further enhance its capabilities and capacity to develop, sell, and deliver Microsoft's cloud and digital workplace AI and security solutions, including Microsoft Copilot for Microsoft 365 and Microsoft Copilot for Security. Earlier in 2024, Softchoice launched its AI Solutions team, which delivers next-generation cloud and workplace AI offerings for organizations across the US and Canada.
LAES

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08:50 EDT SEALSQ Corp. announces launch date for SEALCOIN - SEALSQ, announces the launch date of SEALCOIN as a Hybrid Payment & Utility Token for its Decentralized Physical Infrastructure Network. SEALCOIN is designed to enable billions of internet-connected devices to autonomously engage in seamless data and currency exchanges. The SEALCOIN platform is expected to launch in the fourth quarter of 2024, followed by Token issuance and a proposed listing of SEALCOIN on a digital exchange.
IBM

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08:46 EDT IBM, the government of Spain collaborate on AI strategy - The President of the Government, Pedro Sanchez, and the Senior Vice President of IBM and Director of IBM Research, Dario Gil, met this afternoon at the Moncloa Complex, where they celebrated the new agreement reached between the Executive and IBM that will allow the development of foundational models for Artificial Intelligence, native in Spanish and co-official languages. During the meeting, which was also attended by the Minister for Digital Transformation and the Civil Service, Jose Luis Escriva; the director of the Office of Economic Affairs of the Presidency of the Government, Manuel de la Rocha, and the president of IBM Spain, Portugal, Greece and Israel, Horacio Morell, they shared challenges and initiatives that are opening up in the field of artificial intelligence and supercomputing. Afterwards, the Government of Spain, through its Ministry for Digital Transformation, the Civil Service, and IBM today signed a Memorandum of Understanding to promote their collaboration in the field of Artificial Intelligence and AI supercomputing, advance the development and practical deployment of open, ethical and responsible generative AI in Spain, and sharing the vision to create a leading suite of foundation models including both large language models and small language models, proficient in the Spanish language and co-official languages. During the meeting at La Moncloa, the President stressed that agreements such as this one demonstrate Spain's commitment to accelerate the ethical and responsible use of AI, particularly in the public sector, with great impact on productivity for many sectors of the economy and on Europe's strategic autonomy.
VZ

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08:34 EDT Verizon Business provides NASA with network solution for solar eclipse broadcast - Verizon Business has partnered with NASA to provide a network solution that will allow for a live broadcast of the solar eclipse on April 8. Verizon Business, with essential support from Leidos, provisioned 1GB E-Line service from the Great Lakes Science Center in Cleveland to the John Glenn Space Center. This provisioning effort was accomplished in fewer than 30 days, which is key, as it has enabled NASA to thoroughly test video and broadcast applications in advance of the eclipse.
IOBT

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08:33 EDT IO Biotech appoints Faical Miyara as CBO - IO Biotech announced that Faical Miyara, Ph.D., has been appointed as the company's chief business officer. Dr. Miyara will be responsible for global business development activities including strategic partnerships. Dr. Miyara will be based in the United States, report to IO Biotech's CEO, Mai-Britt Zocca, Ph.D., and be a member of the company's executive team, effective immediately. Most recently, he served as Vice President, Head of Business Development Oncology, then Head of External Innovation Oncology, Lead on Venture Capital Activities at Ipsen Biosciences.
RNXT

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08:31 EDT RenovoRx to present initial interim analysis of Phase III TIGeR-PaC trial - RenovoRx announced that Shaun Bagai, RenovoRx's Chief Executive Officer, will present at the Canaccord Genuity 2024 Horizons in Oncology Virtual Conference to be held on April 15, 2024. Bagai will meet with investors and participate in a panel discussion hosted by Bill Maughan, Senior Analyst at Canaccord Genuity. The panel is titled "Delivering High Local Concentrations of Chemotherapy for Solid Tumors." He will discuss the initial positive interim analysis in the Company's Phase III TIGeR-PaC clinical trial. The study is evaluating the Company's lead product candidate, RenovoGem, and proprietary Trans-Arterial Micro-Perfusion therapy platform for the treatment of locally advanced pancreatic cancer. Bagai will also discuss the Company's plans for 2024 and beyond as well as recent milestones, including the completion of a private placement in January 2024.
VEEE

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08:21 EDT Twin Vee appoints Michael Dickerson as chief financial, administrative officer - Twin Vee PowerCats announced the appointment of Michael Dickerson as its Chief Financial & Administrative Officer, effective April 4, 2024. Mr. Dickerson succeeds former CFO Carrie Gunnerson, who was appointed in October 2021. He most recently served in a consulting capacity at Savannah River Logistics as their Executive Vice President, Chief Financial & Administrative Officer, and Treasurer.
GCTS

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08:17 EDT GCT, Aramco sign MOU to accelerate development of 4G, 5G in Saudi Arabia - Aramco has signed a Memorandum of Understanding, MOU, with GCT Semiconductor Holding, setting the stage for a strategic collaboration that would further develop the 4G/5G ecosystem in Saudi Arabia for both mission-critical and public safety networks. The collaboration aims to design and co-develop chipsets and modules tailored for LTE, 5G and the NTN spectrum in order to support the localization of wireless end-user devices and IoT manufacturing throughout the Kingdom. "We look forward to working with Aramco and leveraging our advanced 4G and 5G capabilities with future-focused AI-driven modem features to help develop the local ecosystem and provide reliable and fast communication for their key applications in Saudi Arabia and the broader region," said John Schlaefer, CEO of GCT Semiconductor, Inc.
BKR

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08:17 EDT Baker Hughes awarded order for electric-driven liquefaction technologies - Baker Hughes was awarded an order from Black & Veatch to supply Cedar LNG in Canada with electric driven liquefaction technologies. The award was booked in the first quarter of 2024. Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors, two electric-driven boil-off gas compressors and six centrifugal pumps. Powered by renewable electricity, Cedar LNG will be one of the lowest carbon intensity LNG facilities in the world.
LHX

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08:16 EDT Kanders to acquire antenna and test equipment businesses from L3Harris Technologies - Kanders & Company that it has entered into a definitive agreement to acquire and combine certain antenna and test equipment businesses from L3Harris Technologies for $200M. Under the terms of the agreement, Kanders will pay L3Harris $175M in cash at closing and a $25M seller note. The transaction is expected to close in the second quarter of 2024, subject to customary closing conditions and regulatory approvals.
IMNM

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08:16 EDT Immunome to presents preclinical data for IM-3050 at AACR - Immunome announced that it will present preclinical data for IM-3050, the company's lead lutetium-177 radioligand therapy targeting fibroblast activation protein. Jack Higgins, PhD, Chief Scientific Officer at Immunome, will present the data in a poster at the American Association for Cancer Research, AACR, Annual Meeting 2024, which is taking place April 5-10 in San Diego, California. "FAP is an attractive target for cancer therapy, but trials with first-generation FAP-RLTs have produced modest clinical responses, indicating the need for novel agents with improved therapeutic properties," commented Dr. Higgins. "We believe IM-3050 has best-in-class potential and look forward to sharing preclinical data for the program at AACR." Immunome expects to submit an Investigational New Drug application to the U.S. Food & Drug Administration for IM-3050 in the first quarter of 2025.
GNS

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08:16 EDT Genius Group launches AI Avatar Toolkit on GeniusU - Genius Group announced the launch of its artificial intelligence Avatar Toolkit on its Edtech platform, GeniusU, enabling its global faculty of 15,000 education partners to build their own AI tutors and learning assistants to provide personalized, guided learning to their students. Following the successful launch of Genius Group's AI Avatar Tutor Team, "Student AI", and AI Avatar C-Suite "Genius Team AI" to its 5.4 million entrepreneur students on its Edtech platform, GeniusU, the Company is now providing all of its partners with the same AI-driven avatar-building tools. Partners can create avatars with specific characteristics to work together in teams, model them on famous characters or create AI replicas of themselves with their own likeness, conversational style and specific expertise. For example, a bestselling author can tailor an AI replica that has full knowledge of their books, blogs and content, and provides personalized advice to each student based on this knowledge.
LHX

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08:15 EDT L3Harris Technologies announces agreement to sell non-core assets for $200M - L3Harris Technologies has signed a definitive agreement under which an affiliate of Kanders & Company will acquire its antenna and related businesses for $200 million. The transaction is expected to close this quarter and is subject to customary closing conditions and regulatory approvals. The agreement aligns with L3Harris' portfolio-shaping strategy for non-core assets, with transaction proceeds to be used consistent with capital allocation plans. The transaction is made up of $175 million of cash at closing and a $25 million seller note. The businesses L3Harris will divest offer a variety of airborne and ground-based antennas and test equipment. They are part of the Space & Airborne Systems segment and employ approximately 375 people.
TARA

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08:14 EDT Protara Therapeutics announces three-month data from TARA-002 program - Protara Therapeutics announced data from three-month evaluable carcinoma in situ patients treated across its ongoing clinical program of TARA-002, the Company's investigational cell-based therapy, in high-risk Non-Muscle Invasive Bladder Cancer, including Bacillus Calmette-Guerin-Unresponsive, BCG-Experienced and BCG-Naive patient populations. Enrollment continues in the Company's ADVANCED-2 Phase 2 clinical trial of TARA-002 in patients with high-grade NMIBC with BCG-Unresponsive CIS and BCG-Naive CIS. The ADVANCED-2 trial design incorporates both reinduction and maintenance dosing. The Company expects to share preliminary results from a pre-planned risk-benefit analysis of the ADVANCED-2 trial in ten patients, who are six-month evaluable in the second half of 2024. Data reported highlight the potential of TARA-002 in patients with NMIBC. Data were derived from three-month evaluable NMIBC patients with CIS pooled across the Company's ADVANCED-1 Phase 1a, Phase 1b-expansion and ADVANCED-2 Phase 2 trials of TARA-002 in patients with high-risk NMIBC, including BCG-Unresponsive, BCG-Experienced and BCG-Naive patients. The overall three-month complete response rate prior to reinduction for 16 evaluable patients treated across the three trials with varying BCG status was 38%, with a CR rate of 63% in CIS-only patients and 13% in patients with CIS +Ta/T1. The Company believes that reinduction and planned enhancements to dosing and administration will lead to an increased CR rate at six months in patients who did not achieve a CR at three months, as reinduction with other immune agents in NMIBC patients with CIS has demonstrated a 30%-50% salvage rate. The Company plans to explore additional dosing cohorts, which may prove effective in patients who might benefit. The majority of reported adverse events were Grades 1 and 2 across all dose levels, and treatment emergent adverse events, as assessed by study investigators, were in line with typical responses to bacterial immunopotentiation, and included fatigue, headache, fever, and chills. The most common urinary symptoms were urinary urgency, urinary frequency, urinary tract pain/burning, incomplete emptying, and bladder spasm. Most bladder irritations resolved soon after administration or in a few hours to a few days.
DZSI

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08:12 EDT DZS receives delinquency notification letter from Nasdaq Stock Market - DZS announced that on April 1, 2024, as expected, it received a delinquency notification letter from the Nasdaq Stock Market indicating that DZS is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) because DZS did not timely file its Annual Report on Form 10-K for the year ended December 31, 2023. The notification letter has no immediate effect on the listing or trading of DZS common stock on the Nasdaq Capital Market. As previously reported by DZS in its Notification of Late Filing on Form 12b-25, filed with the Securities and Exchange Commission on March 18, 2024, DZS was unable to timely file the Form 10-K without unreasonable effort or expense by the prescribed due date for such filing. As previously disclosed, following failure to file its Quarterly Report on Form 10-Q for the three months ended June 30, 2023 and September 30, 2023, DZS received a Staff Delisting Determination from the Nasdaq Listing Qualifications Department indicating that, as a result of DZS's delay in filing the Delinquent Quarterly Reports, it is not in compliance with the Rule. DZS requested a hearing regarding the Staff Determination before a Nasdaq Hearings Panel and was granted a further stay of any suspension or delisting action pending the hearing process, in accordance with the procedures set forth in the Staff Determination. As of the date of this release, DZS has not yet appeared before the Panel to appeal the determination by the Nasdaq Listing Qualifications Department and to seek an additional extension of the stay of any suspension or delisting action until August 3, 2024, the latest extension date that the Panel has the discretion to grant DZS.
DZSI

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08:11 EDT DZS completes divestiture of Asia business - DZS completed the divesture of its Asia business to DASAN Networks, enabling the company to focus its go-to-market strategy, technology and innovation on the Americas, Europe, Middle East and Africa, and Australia/New Zealand regions. The transaction eliminates ~$43M of debt, reducing the total long-term debt to $15M. On Jan. 5, 2024, DZS signed a definitive agreement to sell its Asia operations to DNI, for $48M. In addition to focusing on growth regions spanning the Americas, EMEA and ANZ, the divestiture aligns with the vision, strategy and growth pillars DZS has been pursuing for the past three years, specifically: Fiber broadband investment cycle fueled by over $100B in government stimulus funds; Growth spanning North America, Europe and the Middle East; Geopolitical security related cap-and-grow opportunities; Software-defined networking; 5G mobile transport adoption. The new focus on AEMEA and ANZ regions strategically aligns with the technology and acquisition investments DZS has made over the past several years, specifically the company's market-leading Velocity access edge optical line terminal portfolio; award-winning Saber optical edge dense wavelength-division multiplexing and reconfigurable optical add-drop multiplexer platform resulting from its Optelian acquisition; and its advanced AI-driven orchestration, automation, slicing, network assurance and WiFi management software portfolio resulting from the company's acquisitions of RIFT and ASSIA software and R&D assets, respectively. It also corresponds with the global regions where billions of dollars in government stimulus programs aimed at enhancing and building next generation fiber networks are either underway or rapidly ramping. With the sale of the Asia business, DZS is expected to be better positioned to achieve higher blended margins, and with a higher percentage of its total revenue resulting from recurring and reoccurring licenses related to its software-centric solutions. DZS believes that service providers are deemphasizing closed, proprietary and high security-risk solutions and are increasingly adopting open, standards-based, software-defined solutions. As next-generation fiber broadband and 5G deployments proliferate, DZS solutions, including its Build America, Buy America ready Velocity OLT, Helix ONT and Saber Optical transport solutions, complemented by its AI-driven cloud native software solutions, are well-suited to cost-effectively evolve CSP networks.
HRB DPZ

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08:08 EDT H&R Block, Domino's Pizza partner to incentivize last-minute tax filers - H&R Block (HRB) is helping last-minute filers lower their stress level and experience the joy of completing an important task five days ahead of the filing deadline. New clients who file in-person or virtually with an H&R Block tax pro by April 10th will receive $10 in free food at Domino's (DPZ).
LIPO

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08:06 EDT Lipella Pharmaceuticals to publish abstract on preclinical support for LP-50 - Lipella Pharmaceuticals announces that its abstract has been accepted for the 2024 American Society of Clinical Oncology meeting on May 31 through June 4 in Chicago, Illinois. Lipella's abstract, "Intravesical local administration of pembrolizumab for treatment of bladder cancer: A novel strategy to minimize toxicity" will be published at www.asco.org/abstracts. Dr. Jonathan Kaufman, CEO of Lipella, said, "ASCO's 2024 meeting is the ideal venue for dissemination of our recent progress in the treatment of bladder cancer. Lipella's new product candidate, LP-50, is intended to be indicated for non-muscle invasive bladder cancer. Our abstract includes preclinical data demonstrating the efficacy of intravesical pembrolizumab in mice, including size-reduction in bladder tumors measured via T2 weighted MRI."
TARA

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08:05 EDT Protara announces alignment with FDA on path forward for IV Choline Chloride - Protara Therapeutics has reached alignment with the U.S. Food and Drug Administration on a registrational path forward for intravenous Choline Chloride, an investigational phospholipid substrate replacement. The Company had previously been pursuing an indication in intestinal failure-associated liver disease and following feedback from FDA, will now pursue a broader indication in patients on parenteral nutrition who are or may become unable to synthesize choline from oral or enteral nutrition sources. The Company plans to advance the development of IV Choline Chloride as a source of choline for adult and adolescent patients on long-term PN. The FDA has granted IV Choline Chloride Orphan Drug Designation for the prevention of choline deficiency in PN patients. Choline is recommended for patients on PN by the American Society for Parenteral and Enteral Nutrition Recommendations for Changes in Commercially Available Parenteral Multivitamin and Multi-Trace Element Products, as well as by the European Society for Clinical Nutrition and Metabolism in their Guideline on Home Parenteral Nutrition. The FDA indicated that a single study with an endpoint of restoring choline levels in PN patients could serve as the basis for a regulatory filing for IV Choline Chloride. Based on this feedback, the Company intends to assess the safety and efficacy of IV Choline Chloride in its planned seamless Phase 2b/3 double-blinded, randomized, placebo-controlled THRIVE-3 study in adolescents and adults on long-term PN when oral or enteral nutrition is not possible, insufficient, or contraindicated. The Phase 2b portion of the study, which will seek to establish the pharmacokinetics profile of IV Choline Chloride, will enroll approximately 24 patients who will receive one of three daily doses of IV Choline Chloride for 24 weeks. During the randomized, double-blind Phase 3 portion of the study, approximately 100 patients will receive either high dose IV Choline Chloride, low dose Choline Chloride, or placebo for 24 weeks. The primary endpoint of this portion of the study will seek to demonstrate IV Choline Chloride as a durable source of choline. Secondary endpoints will assess the impact of choline replacement on liver function. All patients will be eligible to enter an open-label extension. The Company intends to initiate this study in the first half of 2025. In previous studies, treatment with IV Choline Chloride successfully increased plasma choline concentrations in patients on PN and was also shown to improve steatosis, a key marker of liver injury.
EHTH

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08:05 EDT eHealth comments on CMS' final policy, changes for Medicare Advantage - eHealth commented on the final Contract Year 2025 Policy and Technical Changes to the Medicare Advantage Program, released by the Centers for Medicare & Medicaid Services on April 4. The company is currently in the process of reviewing the rule. As there continue to be areas of ambiguity, eHealth will also be communicating with CMS and the company's carrier partners to obtain the clarity required to assess the rule's full operational and financial implications. "We are accustomed to annual regulatory updates from CMS, and eHealth has a strong track record of navigating regulatory complexity in this industry. Obtaining clarification is our priority in the coming days and weeks," stated eHealth CEO, Fran Soistman.
AKYA

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08:03 EDT Akoya Biosciences showcases spatial biology 2.0 solutions at AACR meeting - Akoya Biosciences will highlight case studies featuring its Spatial Biology 2.0 Solutions that enable unprecedented speed and scale for spatial biology studies at the American Association for Cancer Research 2024 Annual Meeting in San Diego, April 5 to 10. In addition, the company will showcase new applications of its PhenoCode Signature Panels and preliminary data from the Thermo Fisher ViewRNA assays on Akoya's platforms. Industry-leading capabilities of the company's spatial biology platforms will be presented during Akoya's Spotlight Theater, titled "Spatial Biology 2.0: Spatial Insights and Precision Medicine at Unprecedented Scale" on Monday, April 8 at 3 PM. The event will describe how researchers are revealing new insights into the tumor microenvironment, elucidating the mechanisms of cancer treatment response, and paving the way for spatial biology to impact patient outcomes. Deployment of Akoya's PhenoCycler-Fusion 2.0, PhenoImager HT 2.0, and PhenoCode Panels across the research continuum, from ultrahigh-plex discoveries to actionable signatures, will be described by the presenters: Suzanne K. Coberly, MS MD, FCAP, Scientific Senior Director, Discovery & Translational Pathology, Oncogenesis TRC, Bristol Myers Squibb; Arutha Kulasinghe PhD, Scientific Director of the Queensland Spatial Biology Center in Brisbane, Group Leader at The University of Queensland; Pascal Bamford, PhD, Senior Vice President, R&D and Laboratory Operations, Akoya Biosciences. Dr. Kulasinghe will also present a talk entitled "Ultra high-plex profiling of the tumor microenvironment" on April 6 from 12:36 PM - 12:54 PM PT in Session MW14 - Choosing and Using Antibodies for Spatial Informed Protein Expression. He will discuss the development of ultrahigh-plex antibody panels for the comprehensive characterization of the tumor microenvironment. Akoya Biosciences will demonstrate new uses of its PhenoCode Signature Panels for accelerating discovery and validation of spatial biomarkers using the PhenoImager HT 2.0 platform. The company will also present initial findings from the Thermo Fisher Scientific ViewRNA assays on the PhenoCycler-Fusion 2.0. PhenoCycler-Fusion 2.0: Offers automated multi-slide capabilities, allowing researchers to efficiently generate ultrahigh-plex, multiomic spatial phenotyping data for larger samples at exceptional speeds. PhenoImager HT 2.0: Features targeted PhenoCode Signature Panels and onboard spectral unmixing, simplifying biomarker development and validation workflows for large scale studies.
BYRN

Hot Stocks

08:03 EDT Byrna Technologies CFO David North to retire later this year - Byrna is announcing that its CFO, David North, will be retiring later this year. Since joining Byrna in 2020, North has played a pivotal role in steering the financial course of the company, leading Byrna to unprecedented growth and operational success. To ensure a seamless transition, the company has engaged a leading executive search firm to identify top-tier talent and secure a successor who will uphold North's high standards. North has graciously agreed to continue his association with Byrna as CFO until his successor is fully integrated into the role. Subsequently, he will remain involved as an outside consultant, ensuring continuity and the preservation of his insights and guidance.
TSHA

Hot Stocks

08:01 EDT Taysha Gene Therapies announces inducement grant under Nasdaq listing rule - Taysha Gene Therapies announced that, on April 1, 2024, the Compensation Committee of Taysha's Board of Directors granted three new employees, in the aggregate, options to purchase 140,000 shares of the Company's common stock in connection with their employment. The stock options were granted under the Taysha Gene Therapies, Inc. 2023 Inducement Plan as an inducement material to the individuals entering employment with Taysha in accordance with Nasdaq Listing Rule 5635(c)(4). The stock options have an exercise price of $2.84 per share, which is equal to the closing price of Taysha's common stock on the date of grant. The stock option has a 10-year term and will vest over four years, with 25% of the option vesting on the first anniversary of the vesting commencement date and the remaining 75% of the option vesting in equal monthly installments over the 36 months thereafter. Vesting of the stock option is subject to such employee's continued service to Taysha on each vesting date.
IGXT

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07:49 EDT IntelGenx says Chemo Research receeives CRL on Buprenorphine Buccal Film ANDA - IntelGenx announced that its co-developer, Chemo Research SL, through its agent and affiliate, Xiromed, has received a Complete Response Letter from the U.S. Food and Drug Administration regarding its resubmitted abbreviated new drug application for Buprenorphine Buccal Film. The CRL includes a request for additional Pharmaceutical Quality information. The FDA confirmed that no additional inspection of IntelGenx's facility is required at this time.
MMA

Hot Stocks

07:40 EDT Alta Global debuts with launch of IPO on NYSE - Alta Global Group announces that its initial public offering on the NYSE American exchange under the ticker symbol 'MMA' was a strategic move that was a natural progression for the company's leadership and enhanced vision for the combat sports industry. With a mission to empower community driven growth in the global martial arts and combat sports sector, Alta leverages cutting-edge technology to bridge the gap between passion and participation. Under the stewardship of Alta Global Group Founder and CEO, Nick Langton, the company has evolved from working with MMA gyms and world class fighters to grow into a technology company dedicated to uniting passion and participation in global combat sports through multiple digital platforms. Alta's comprehensive platform integrates four core products, including the Alta Warrior Training Program, UFC Fight Fit Program, Alta Academy and Alta In-Gym Training, strategically positioned to capitalize on the industry's growth, with over 45,597 martial arts and combat sports gyms in the US alone according to IBISWorld statistics.
WSR

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07:38 EDT Whitestone REIT urges shareholders to vote for all trustees - Whitestone REIT has filed its definitive proxy materials with the Securities and Exchange Commission in connection with its 2024 Annual Meeting of Stockholders scheduled to be held on May 14th, 2024. Shareholders of record as of February 21, 2024, will be entitled to vote at the meeting. The company said, "In conjunction with the definitive proxy filing, Whitestone has mailed a letter to the Company's shareholders. Highlights from the letter include: Stock Outperformance. Whitestone's stock has continued to outperform its peers and the MSCI US REIT Index. Since changing CEOs in 2022, Whitestone has the #1 performing stock on a 1-year and 3-year Total Shareholder Return basis and has outperformed on a 5-year basis when compared to peers and the MSCI US REIT Index; High Same Store NOI. Whitestone has achieved some of the highest Same Store Net Operating Income growth among peers since 2022, driven by a high-quality portfolio and a management team that is laser-focused on delivering consistent results; Strong Core FFO Outlook. Whitestone is positioned to continue delivering strong results with the midpoint of 2024 guidance indicating 11% year over year Core Funds From Operations per share growth; and No Value Added from Erez. We have concerns regarding Erez Asset Management's short-term focus, failure to bring forward any new, value-enhancing ideas for Whitestone and we believe the election of Erez's nominees would disrupt Whitestone's substantial business momentum to-date and diminish the quality and strength of the Board of Trustees"
KURA

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07:34 EDT Kura Oncology reports inducement grants under Nasdaq listing rule - Kura Oncology announced that on April 1, 2024, the Compensation Committee of the Company's Board of Directors granted inducement awards consisting of nonstatutory stock options to purchase 49,500 shares of common stock to four new employees under the Company's 2023 Inducement Option Plan. The Compensation Committee approved the stock options as an inducement material to such employees' employment in accordance with Nasdaq Listing Rule 5635(c)(4). Each stock option has an exercise price per share equal to $21.82 per share, the Company's closing sales price on April 1, 2024, and will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the applicable vesting commencement date and the balance of the underlying shares vesting monthly thereafter over 36 months, subject to the new employees' continued service relationship with the Company through the applicable vesting dates. The stock options are subject to the terms and conditions of the Company's 2023 Inducement Option Plan and the terms and conditions of an applicable stock option agreement covering the grant.
CYTK

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07:33 EDT Cytokinetics presents additional 48-week data from FOREST-HCM study - Cytokinetics announced additional 48-week data from FOREST-HCM, the open label extension clinical study of aficamten in patients with hypertrophic cardiomyopathy, at the 73rd Annual American College of Cardiology Scientific Session taking place from April 6, 2024 -April 8, 2024 in Atlanta, GA. FOREST-HCM enrolled 213 patients with obstructive HCM from May 28, 2021 through October 31, 2023. Previously presented data from 17 patients who had been enrolled through 48 weeks in FOREST-HCM showed that prolonged treatment with aficamten was associated with significant and sustained reductions in left ventricle outflow tract gradient, and improvements in symptoms and cardiac biomarkers. The updated data set presented at ACC in Atlanta focuses on 46 patients from FOREST-HCM that had completed 48 weeks of follow-up at the time of the current interim analysis. At Week 48, 75% of these patients were receiving the 15 mg or 20 mg dose of aficamten. Treatment with aficamten for 48 weeks resulted in substantial and sustained reductions in average resting LVOT-G and Valsalva LVOT-G. Statistically significant improvements in New York Heart Association Functional Class from baseline were observed, with 82.2% of patients improving by greater than or equal to1 NYHA class with no instances of worsening NYHA class. Additionally, there were significant improvements in NT-proBNP, a biomarker of cardiac wall stress, with an average decrease of 63% from baseline to week 48. Treatment with aficamten also resulted in statistically significant improvements in measures of cardiac structure and function including decreases in maximum wall thickness, left atrial volume index and lateral E/e'. While 19 of these 46 patients in FOREST-HCM met guideline eligibility criteria for septal reduction therapy at baseline, only one patient remained eligible for SRT after six months of treatment with aficamten, representing a 94% reduction in SRT-eligibility. In FOREST-HCM, aficamten appears to be well-tolerated, with no treatment-related serious adverse events. There was a modest reduction in left ventricular ejection fraction from baseline to Week 48. As has been previously reported, three patients underwent dose down-titration due to LVEF less than50%. Two patients were asymptomatic, and one dose down-titration occurred due to recurrent alcohol-induced atrial fibrillation.
NSC

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07:31 EDT Ancora issues letter to shareholder on Norfolk Southern COO Orr - Ancora Holdings Group, which owns a large equity stake in Norfolk Southern Corporation, issued the below letter to fellow shareholders regarding the Board of Directors' apparent failures of diligence and poor judgment in appointing John Orr as COO. "Unfortunately, the Board and CEO Alan Shaw continue to take actions that place their self-preservation ahead of our shared goal. The most recent example of this is their decision to enter into a costly and opaque agreement to extricate John Orr from Canadian Pacific Kansas City Limited and make him the third COO in two and a half years under Mr. Shaw... Here are just a few of the key points you need to know about this latest failure of governance: The Board's reactive process for hiring a COO was run from a position of weakness and did not even include a discussion with our proposed candidate... Based on Norfolk Southern's own disclosures and statements regarding the importance of the Meridian Speedway and Terminal, we estimate the undisclosed consideration paid by the Company to hire Mr. Orr... The Board and Mr. Shaw have failed to disclose all of the relevant details about Norfolk Southern's agreement with CPKC... The Board did not aggressively search for or hire a COO with important experience at an Eastern Class I railroad, but rather one of convenience with ties to current director Claude Mongeau... The Board did not hire a COO with expertise in Precision Scheduled Railroading implementations; Orr has been accused of abusive behavior and serious misconduct in the workplace... Concerns about Mr. Orr's workplace behavior at Canadian National Railway Compan should have been known to the Board based on our private warning... The only industry endorsements for Mr. Orr since his appointment as COO have come from Mr. Mongeau and individuals at CPK.
OCGN

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07:04 EDT Ocugen says DSMB approves medium dose cohort dosing in OCU410 study - Ocugen announced that the Data and Safety Monitoring Board for the Phase 1/2 ArMaDa clinical trial for OCU410 recently convened and approved to proceed dosing with the medium dose of OCU410 in the dose-escalation phase of the study. Three subjects with geographic atrophy were dosed in the Phase 1/2 clinical trial to date. An additional three subjects will be dosed with the medium dose and three patients with the high dose of OCU410 in the dose-escalation phase. Currently approved products to treat GA have significant limitations, as they require multiple injections per year and only target one pathway contributing to GA. OCU410 regulates multiple pathways involved with the disease including: lipid metabolism, inflammation, oxidative stress, and membrane attack complex. The ArMaDa clinical trial will assess the safety of unilateral subretinal administration of OCU410 in subjects with GA and will be conducted in two phases. Phase 1 is a multicenter, open-label, dose-ranging study consisting of three dose levels. Phase 2 is a randomized, outcome accessor-blinded, dose-expansion study in which subjects will be randomized in a 1:1:1 ratio to either one of two OCU410 treatment groups or to an untreated control group.
NVCR

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07:03 EDT Novocure announces 20 presentations at AACR 2024 - Novocur announced 20 presentations on Tumor Treating Fields therapy will be delivered at the American Association for Cancer Research, AACR, Annual Meeting 2024, to be held April 5 to 10 in San Diego. The presentations, describing preclinical investigations, include new insights on how TTFields therapy can potentially enhance the immune system's ability to combat cancer cells and on TTFields therapy's effects and mechanisms in pancreatic cancer. "The research we and our collaborators are presenting at the AACR Annual Meeting underscores the potential of Tumor Treating Fields therapy in treating various solid tumor types," said Moshe Giladi, Ph.D., Novocure's Chief Science Officer. "We continually explore the science of TTFields therapy to improve our product and make a difference in the lives of patients with cancer, and we are eager to discuss some of our latest insights with leading cancer investigators."
LH

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07:03 EDT Labcorp announces launch of Labcorp Plasma Detect - Labcorp announced the launch of Labcorp Plasma Detect, the first clinically validated, tumor-informed, whole-genome sequencing circulating tumor DNA molecular residual disease solution in early stage colon cancer to identify patients at increased risk of recurrence after surgery or adjuvant chemotherapy. This solution, which is designed for research use but also suitable for clinical applications, can be applied across solid tumors with a scalable and standardized approach to facilitate faster turnaround times while maintaining high analytical performance.
AZN

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07:03 EDT AstraZeneca releases ADRIATIC Phase III trial results on IMFINZI - Results of the ADRIATIC Phase III trial showed AstraZeneca's IMFINZI demonstrated a statistically significant and clinically meaningful improvement in the dual primary endpoints of overall survival and progression-free survival in patients with limited-stage small cell lung cancer who had not progressed following concurrent chemoradiotherapy compared to placebo after cCRT. Susan Galbraith, Executive Vice President, Oncology R&D, AstraZeneca, said: "These exciting results build on the transformative efficacy of IMFINZI in extensive-stage small cell lung cancer and demonstrate the potential to bring a curative-intent immunotherapy treatment to this earlier-stage setting of small cell lung cancer for the first time. These data, together with the PACIFIC data in unresectable, Stage III non-small cell lung cancer, underscore the pioneering role of IMFINZI in the treatment of early lung cancer following chemoradiotherapy."
EPRX

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07:02 EDT Eupraxia Pharmaceuticals begins trading on Nasdaq - Eupraxia Pharmaceuticals announced that trading of the company's common shares will begin on April 5 on the Nasdaq Capital Market under the ticker symbol "EPRX". The company's shares also continue to trade on the Toronto Stock Exchange under the ticker symbol "EPRX".
UPBD

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07:02 EDT Upbound Group appoints Langenstein as new independent director - Upbound Group announced that, effective April 1, 2024, Molly Langenstein has been appointed to the Upbound Board of Directors as a new independent director. Most recently, Langenstein served as the Chief Executive Officer and President and a member of the board of directors of Chico's FAS
CNI CAT

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07:01 EDT CN purchases first hybrid diesel-battery electric mainline locomotive - CN (CNI) announced the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar (CAT) Company, as part of its decarbonization plans. The EMD will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company's fleet. CN is collaborating on this initiative with the Province of British Columbia who awarded approximately $3.2M to the Company under the Clean BC Go Electric Commercial Vehicle Pilots Program. The plug-in hybrid mainline locomotive, a first of its kind in North America, will be evaluated on CN's mainline in British Columbia, starting in Prince George and the northern part of the province, under varying operational and weather conditions. The testing will increase CN's and the rail industry's knowledge on battery technology and more specifically, on the impact of alternative propulsion technology on mainline locomotives. As different alternative propulsion solutions will require batteries - including hybrid, battery-electric, and hydrogen fuel cell locomotives - CN anticipates this initiative will contribute to further develop this key technology, while immediately reducing emissions.
NTRA

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07:01 EDT Natera announces surveillance analysis from IMvigor011 study - Natera announced an analysis from the IMvigor011 study that was presented at the European Association of Urology Congress 2024 in Paris, France. The analysis evaluates outcomes in muscle-invasive bladder cancer patients who tested serially negative with Signater, Natera's personalized and tumor-informed molecular residual disease test. The analysis presented at the EAU Congress evaluated clinical outcomes in 171 high-risk MIBC patients who entered screening for IMvigor011 and remained MRD-negative during the surveillance window. Key takeaways from the presentation include: Overall survival rates of 100% at 12 months and 98% at 18 months, in patients who remained serially MRD-negative. Disease-free survival rates of 92% at 12 months and 88% at 18 months, in patients who remained serially MRD-negative. Concludes that patients who remain MRD-negative on serial testing may be spared from adjuvant treatment.
HUBC

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06:55 EDT HUB Security secures $8M in financing - HUB Cyber Security is pleased to announce a successful $8M financing acquisition via a straight debt arrangement. This strategic financing is part of the company's ongoing effort to fortify its financial foundation and strategically invest in its future. "Opting for a straight debt facility, we have set our sights on fueling HUB's growth, enhancing our working capital, and seamlessly fulfilling our obligations to creditors. This financing mechanism was meticulously chosen to ensure we stay on course with our financial responsibilities while vigorously pursuing our expansion plans."
BDX

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06:52 EDT Becton Dickinson announes commercial release of cell sorters - BD announced the global commercial release of new cell sorters that will enable more researchers in a broader range of fields, including cell biology, cancer research and immunology, to reveal insights that were previously invisible in traditional flow cytometry experiments. The new BD FACSDiscover S8 Cell Sorters feature BD CellView Image Technology, profiled on the cover of the journal Science in 2022, and BD SpectralFX Technology - bringing to market breakthrough innovations in real-time imaging and spectral flow cytometry. The three- and four-laser additions to the BD FACSDiscover S8 Cell Sorter family complement the five-laser instrument launched last year and provide scientists greater access, options, and flexibility to incorporate real-time imaging and spectral cell sorting technology in their labs.
TDOC

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06:40 EDT Teladoc CEO Jason Gorevic to depart, Mala Murthy appointed acting CEO - Teladoc Health announced that CEO Jason Gorevic is departing the company, effective immediately. The Board of Directors has appointed Mala Murthy acting CEO while it searches for Gorevic's permanent successor. Murthy is a seasoned industry leader who has served as the company's CFO since 2019, and she will continue serving in this role during this transition period. The Board has retained an executive search firm, which will evaluate internal and external candidates to identify Gorevic's permanent successor.
JNJ SWAV

Hot Stocks

06:38 EDT Johnson & Johnson: ShockWave Medical deal to accelerate revenue growth - The acquisition of Shockwave (SWAV) accelerates Johnson & Johnson MedTech's ongoing efforts to increase its presence in high-growth markets with unmet need, while expanding its reach and scale globally. The proposed transaction adds a high-performing business in an underpenetrated category with a strong pipeline and an attractive growth and margin profile. The transaction is expected to accelerate revenue growth for both Johnson & Johnson (JNJ)and Johnson & Johnson MedTech. Shockwave is ultimately expected to become Johnson & Johnson MedTech's thirteenth priority platform, as defined by annual sales of at least $1B.
JNJ SWAV

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06:33 EDT Johnson & Johnson to acquire ShockWave Medical for $335.00 per share in cash - Johnson & Johnson (JNJ) and Shockwave Medical (SWAV) announced that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Shockwave for $335.00 per share in cash, corresponding to an enterprise value of approximately $13.1B including cash acquired. The transaction was approved by both companies' boards of directors. Under the terms of the agreement, Johnson & Johnson will acquire all outstanding shares of Shockwave for $335.00 per share in cash through a merger of Shockwave with a wholly owned Johnson & Johnson subsidiary. Johnson & Johnson expects to fund the transaction through a combination of cash on hand and debt. Johnson & Johnson expects to maintain a strong balance sheet and to continue to support its stated capital allocation priorities of R&D investment, competitive dividends, value-creating acquisitions and strategic share repurchases. Following the completion of the transaction, Shockwave will operate as a business unit within Johnson & Johnson MedTech, and financials will be reported within Johnson & Johnson MedTech's Cardiovascular portfolio, which was previously referred to as Interventional Solutions. In addition to his current responsibilities for Abiomed as the Global Head of Heart Recovery, Michael Bodner will assume responsibility for the business upon close. Isaac Zacharias, who has 6 years with Shockwave, most recently serving as President and Chief Commercial Officer, will transition to become Worldwide President of Shockwave, reporting to Michael Bodner. Doug Godshall, Shockwave's President and Chief Executive Officer, will advise through the transition. The closing of the transaction is expected to occur by mid-year 2024 subject to the receipt of Shockwave's shareholder approval, as well as the receipt of applicable regulatory approvals and other customary closing conditions. Following completion of the transaction, Shockwave's common stock will no longer be listed for trading on the Nasdaq Global Select Market.
MRRLF JBT

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06:33 EDT Teleios Capital Partners supports JBT's current proposal for Marel - Teleios Capital Partners, a long-standing shareholder in Marel, issued a statement. Attributed to Adam Epstein, Co-Founder of Teleios Capital Partners: "As a long-term shareholder for over five years, we wrote to Marel last November to convey our support for rebuffing JBT's initial approach, which we felt sought to capitalise on Marel's governance shortcomings. We welcome JBT's decision to revise its position, through both an improved valuation and more compelling deal structure, which we believe is to the benefit of all shareholders, including those who wish to participate in the combined company's upside. We support their current proposal."
JNJ SWAV

Hot Stocks

06:31 EDT Johnson & Johnson to acquire ShockWave Medical for $335.00 per share in cash
TDC

Hot Stocks

06:31 EDT Teradata names Richard Petley as Chief Revenue Officer - Teradata announced the appointment of Richard Petley as Chief Revenue Officer, effective immediately. Petley was previously Teradata's EVP, Global Sales, and he succeeds Todd Cione, who is leaving the company to pursue another professional opportunity.
IDYA

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06:01 EDT Ideaya Biosciences announces inducement grants under Nasdaq listing rule - IDEAYA Biosciences announced that, on March 28, 2024, the Compensation Committee of IDEAYA's Board of Directors granted non-qualified stock options to purchase an aggregate of 70,000 shares of the Company's common stock to two newly hired employees. The stock options were granted under the IDEAYA Biosciences, Inc. 2023 Employment Inducement Incentive Award Plan as an inducement material to such individuals' entering into employment with IDEAYA in accordance with Nasdaq Listing Rule 5635(c)(4). The stock options have an exercise price of $43.88 per share, which is equal to the closing price of IDEAYA's common stock on The Nasdaq Global Select Market on the date of grant. The stock options have a 10-year term and will vest over four years, with 25% of the options vesting on the first anniversary of the vesting commencement date and the remaining 75% of the options vesting in equal monthly installments over the three years thereafter. Vesting of the stock options is subject to such employee's continued service to IDEAYA on each vesting date.
JBT

Hot Stocks

05:57 EDT JBT Corp., Marel execute definitive transaction agreement - JBT Corporation announced that JBT and Marel have executed a definitive transaction agreement related to JBT's previously announced intention to make a voluntary takeover offer for all of the issued and outstanding shares of Marel. The transaction agreement includes the terms of the offer and other important governance, social, and operating items relating to the proposed business combination of JBT and Marel. The transaction agreement was approved by the Boards of Directors of both companies. JBT and Marel are continuing to work expeditiously to finalize and submit a preliminary proxy statement/prospectus on Form S-4 with the U.S. SEC as well as an offer document and prospectus with the Icelandic Financial Supervisory Authority of the Central Bank of Iceland, as required to launch the offer. Pending final approval by the FSA, JBT currently expects to launch the offer in May 2024. The transaction is expected to close by the end of 2024, subject to regulatory clearance and applicable shareholder approvals. The economic terms of the offer are consistent with JBT's prior announcement on January 19, 2024. Subject to a proration feature, Marel shareholders will have the option to elect to receive either all cash, all JBT common stock, or a combination of cash and JBT common stock in respect of each Marel share as outlined below: All cash: EUR 3.60 in cash. All JBT common stock: 0.0407 JBT shares. Combination of cash and JBT common stock: EUR 1.26 in cash and 0.0265 JBT shares. The economic terms above utilize a reference share price of $96.25 per share of JBT. Based on both the proration feature and the agreed upon JBT reference share price, the estimated consideration mix will be 65 percent stock and 35 percent cash. This will result in Marel shareholders receiving, in the aggregate, EUR 950M in cash and holding approximately a 38 percent ownership interest in the combined company. JBT intends that the combined company will remain listed on the New York Stock Exchange and will submit a secondary listing application to list a portion of JBT's common stock on Nasdaq Iceland. Marel shareholders will have the ability to elect to receive JBT shares listed either on the NYSE or, upon a successful application by JBT for a listing on Nasdaq Iceland, on Nasdaq Iceland. Eyrir Invest hf., the largest shareholder in Marel with approximately 25 percent of Marel's issued and outstanding ordinary shares, has irrevocably undertaken to JBT to accept the offer in respect of all of its shares in Marel.
AZN

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05:56 EDT AstraZeneca: Imfinzi significantly improved OS and PFS in LS-SCLS in trial - High-level results of the ADRIATIC Phase III trial showed AstraZeneca's Imfinzi demonstrated a statistically significant and clinically meaningful improvement in the dual primary endpoints of overall survival and progression-free survival in patients with limited-stage small cell lung cancer who had not progressed following concurrent chemoradiotherapy compared to placebo after cCRT. The safety profile for Imfinzi was consistent with its known profile, and no new safety signals were identified. These data will be presented at a forthcoming medical meeting and shared with global regulatory authorities. The second experimental arm testing the efficacy of Imjudo added to Imfinzi as a secondary endpoint remains blinded and will continue to the next planned analysis. Imfinzi is approved in the US, EU, Japan, China and many other countries around the world for the treatment of extensive-stage SCLC based on the CASPIAN Phase III trial. Imfinzi is also the only approved immunotherapy and the global standard of care in the curative-intent setting of unresectable, Stage III non-small cell lung cancer in patients whose disease has not progressed after CRT based on the PACIFIC Phase III trial. Reference Link
NUTX

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05:54 EDT Nutex Health announces 1-for-15 reverse stock split - Nutex Health announced a 1-for-15 reverse stock split of its common stock effective with the market opening on Tuesday April 10. The reverse stock split will take legal effect at 11:59pm Eastern Time on April 9, and the company's common stock will open for trading on The Nasdaq Capital Market on April 10 on a post-split basis, under the existing ticker symbol "NUTX" but with new CUSIP number 67079U207. The reverse stock split is part of the company's plan to regain compliance with the minimum bid price requirement for the continued listing on The Nasdaq Capital Market.
SNY

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05:53 EDT Sanofi announces launch of Verorab in UK - Sanofi has announced the launch of Verorab in the UK, an inactivated rabies vaccine indicated for pre-exposure and post-exposure prophylaxis of rabies in all age groups. This launch is based on extensive clinical data from over 13,000 individuals. Sanofi Inactivated Rabies Vaccine has been approved and widely used in more than 80 countries. It is estimated that between 41M-70M individuals have received the vaccine since its first licensure in May 1985, in France.
T

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05:53 EDT AT&T commitment to help close digital divide increases to $5B - AT&T plans to invest an additional $3B by 2030 to help close the US digital divide, after initially committing $2B by 2024, which helped nearly 5M Americans, the company announced Thursday. "Connectivity is critical for success and prosperity in America today. Whether it's a first-generation high school graduate applying for college, a veteran accessing telehealth services, or a grandparent connecting with their family thousands of miles away -- we want to help unlock greater possibility for the millions of people who remain unconnected," said AT&T CEO John Stankey. "The pace of innovation and the global economy aren't waiting on anyone, and we're committed to bringing connectivity and digital literacy in reach for all Americans."