Stockwinners Market Radar for April 18, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:13 EDT Cathie Wood's ARK Investment buys 116.4K shares of 10x Genomics today

20:02 EDT SK hynix, TSMC to partner on next-generation HBM technology - SK hynix (HXSCL) announced that it has recently signed a memorandum of understanding with TSMC (TSM) for collaboration to produce next-generation HBM and enhance logic and HBM integration through advanced packaging technology. The company plans to proceed with the development of HBM4, or the sixth generation of the HBM family, slated to be mass produced from 2026, through this initiative. SK hynix said the collaboration between the global leader in the AI memory space and TSMC, a top global logic foundry, will lead to more innovations in HBM technology. The collaboration is also expected to enable breakthroughs in memory performance through trilateral collaboration between product design, foundry, and memory provider.

19:03 EDT FDA approves subcutaneous administration of Takeda's ENTYVI in Crohn's disease - Takeda "announced that the FDA has approved ENTYVIO subcutaneous administration for maintenance therapy in adults with moderately to severely active Crohn's disease after induction therapy with intravenous ENTYVIO. The subcutaneous administration of ENTYVIO was also approved by FDA in September 2023 for the maintenance treatment of adults with moderately to severely active ulcerative colitis and is available in the U.S. as a single-dose prefilled pen. The approval is based on the VISIBLE 2 Study (SC CD Trial), a Phase 3, randomized, double-blind, placebo-controlled trial, which assessed the safety and efficacy of an SC formulation of ENTYVIO as maintenance therapy in adult patients with moderately to severely active CD who had clinical response** at Week 6 following two doses of open-label vedolizumab intravenous therapy at Weeks 0 and 2.1 The primary endpoint was clinical remission at Week 52, which was defined as a total Crohn's Disease Activity Index score of less than or equal to150."

18:35 EDT NeoGames, Aristocrat Leisure receive regulatory approval on proposed acquisition - NeoGames S.A. "confirmed that all necessary regulatory approvals required for the completion of the business combination with Aristocrat Leisure Limited have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder vote. NeoGames and Aristocrat are continuing to work together to progress the remaining steps required to complete the Acquisition. The final shareholder meeting of NeoGames to vote on the Acquisition is scheduled to be held on or about April 25, 2024, with completion of the Acquisition expected to occur on or about April 25, 2024."

17:30 EDT Histogen files for voluntary Chapter 11 protection - Histogen "announced that it has filed voluntary petitions for relief under subchapter V of Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of California to confirm a plan of liquidation that will distribute all value to stakeholders, including shareholders. Histogen intends to promptly propose and confirm a plan of liquidation and make distributions to the benefit of its estate. The Company announced on Sept. 18, 2023, that it had discontinued further development and would seek approve for a Plan of Dissolution."

17:24 EDT Jabil CEO placed on leave pending investigation into corporate policies - In a regulatory filing, the company stated: "On April 15, 2024, Mr. Kenneth S. Wilson, CEO and Director of Jabil Inc., was placed on a paid leave pending completion of an investigation related to corporate policies. The conduct that prompted this review does not relate to, and does not impact, the Company's financial statements or financial reporting. Effective as of April 19, 2024, the Company's Board of Directors appointed Mr. Michael Dastoor, Chief Financial Officer, to serve as the Company's interim Chief Executive Officer. Information about Mr. Dastoor can be found in, and is incorporated into this Item 5.02 by reference to, the Company's Annual Report on form 10-K filed with the Securities and Exchange Commission on October 20, 2023. Mr. Mark T. Mondello continues in his role as Executive Chairman of the Board of Directors."

17:17 EDT Cohen & Steers to replace Kaman in S&P 600 at open on 4/23 - Arcline Investment Management LP is acquiring Kaman in a deal expected to close on April 19, pending final closing conditions.

17:11 EDT Atlas Energy expects Kermit facility to restart operations next week - As previously reported, on Sunday, April 14, a mechanical fire occurred at the Atlas Energy Solutions mine in Kermit, Texas. Atlas noted that no injuries occurred or environmental impacts have been reported. The company has conducted a preliminary assessment of the facility, which is ongoing, and can provide the following information. The fire primarily impacted the "feed system," which transports sand from the dryers and separators to storage silos. The full "feed system" rebuild is expected to be completed by the end of the second quarter. The team began moving temporary loadout equipment to the Kermit facility within 48 hours of the incident. The facility remains closed and initial restart of operations is expected at the beginning of next week. Once the facility is restarted and the temporary loadout equipment is fully operational, the company expects to fulfill all Kermit facility customer commitments with sand produced and loaded from that facility. Atlas is assessing the cost to repair the feed system and reviewing the financial impact of the incident. In addition, the company filed an insurance claim and expect coverage to be available to reimburse us for the cost of the repairs. The temporary closing of the Kermit facility will have no impact on the timing or cost of the Dune Express construction. Atlas will provide additional updates to its second quarter operations on our first quarter earnings call scheduled for Monday, May 6.

17:00 EDT Intuitive Surgical raises FY24 procedure growth view to 14%-17% from 13%-16% - Sees FY24 gross profit margin 67%-68%. Sees FY24 operating expense up 11%-15%. Sees FY24 capital expenditures 1B-$1.2B. Sees FY24 tax rate 22%-24%. Says five additional procedures will have reimbursement in Japan by June. Says saw particular strength in the U.S. and the U.K. Comments and guidance taken from Q1 earnings conference call.

16:36 EDT FDA approves Genentech's Alecensa for adjuvant treatment - Genentech, a member of the Roche Group, announced that the U.S. Food and Drug Administration has approved Alecensa for adjuvant treatment following tumor resection for patients with anaplastic lymphoma kinase-positive non-small cell lung cancer, as detected by an FDA-approved test. Alecensa is now the first and only ALK inhibitor approved for people with ALK-positive early-stage NSCLC who have undergone surgery to remove their tumor. "With an unprecedented 76% reduction in the risk of disease recurrence or death versus chemotherapy, Alecensa significantly improves upon the standard of care for people with early-stage ALK-positive lung cancer," said Levi Garraway, M.D., Ph.D., chief medical officer and head of Global Product Development. "At Genentech, our goal is to give patients the best chance of cure by bringing effective, targeted treatments to early-stage disease before their cancer has spread. This approval brings us one step closer to achieving that mission."

16:35 EDT Nordstrom discloses 9.52% stake by Erik Nordstrom - In a regulatory filing, the company states: "On April 17, 2024, due to the health of their father, Bruce Nordstrom, the Reporting Persons acquired (i) shared beneficial ownership of 1,555,200 shares of Common Stock by accepting trusteeship, as successor trustees to their father, of the 1976 Bruce A. Nordstrom Trust (aka Elizabeth Nordstrom 1976 Trust fbo Bruce Nordstrom), and (ii) shared beneficial ownership of 6,935,360 shares of Common Stock by accepting trusteeship, as successor trustees to their father, of the Frances W. Nordstrom Trust fbo BAN created under will dated April 4, 1984. The foregoing transfers of beneficial ownership are collectively referred to herein as the "Intra-Family Transfers" and individually as an "Intra-Family Transfer." No pecuniary or other consideration was exchanged in connection with the Reporting Person's assumption of successor trustee duties with respect to these trusts or the Common Stock held by them. With respect to the Going Private Transaction described in Item 4 below, the Reporting Persons may seek debt and/or equity financing to consummate one or more of the transactions described in Item 4 below. At this time, the Reporting Persons have not secured commitments for any such debt or equity financing and there can be no assurance that the Reporting Persons will be able to obtain the funds necessary to consummate the transactions."

16:25 EDT South Plains Financial boosts dividend 8% to 14c per share - South Plains Financial that its Board of Directors has declared a quarterly cash dividend of 14c per share of common stock, an 8% increase from the most recent quarterly cash dividend declared in January 2024. The dividend is payable on May 13 to shareholders of record as of the close of business on April 29

16:17 EDT Universal Technical, Interstate Batteries renew alliance for five years - Universal Technical Institute announced the five-year renewal of its alliance with Interstate Batteries. Since the relationship's inception in 2018, Interstate Batteries has become the exclusive battery used in all UTI automotive, diesel, and marine technician training programs. In this renewed partnership, Interstate Batteries will continue to provide state-of-the-industry technology and products to empower UTI students throughout their education. Interstate Batteries will also sponsor uniform shirts for students, share product information on UTI's app for students-UTI Go-and support the creation of training videos featuring Interstate Batteries as part of its efforts to foster a first-class educational environment for tomorrow's technicians.

16:13 EDT Franklin Covey announces new $50M share buyback plan - On April 18, 2024, the Board of Directors of Franklin Covey approved a new plan to purchase up to $50.0 million of its outstanding common stock. The previously existing common stock purchase plan was nearly depleted and was canceled. The new common share purchase plan is effective immediately and does not have an expiration date.

16:10 EDT Netflix down 4% following Q1 report - Netflix shares are down $21.86, or about 4%, to $589.29 in after-hours trading.

16:08 EDT Netflix to stop reporting quarterly membership numbers starting next year - Netflix said: "As we've noted in previous letters, we're focused on revenue and operating margin as our primary financial metrics - and engagement (i.e. time spent) as our best proxy for customer satisfaction. In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential. But now we're generating very substantial profit and free cash flow (FCF). We are also developing new revenue streams like advertising and our extra member feature, so memberships are just one component of our growth. In addition, as we've evolved our pricing and plans from a single to multiple tiers with different price points depending on the country, each incremental paid membership has a very different business impact. It's why we stopped providing quarterly paid membership guidance in 2023 and, starting next year with our Q1'25 earnings, we will stop reporting quarterly membership numbers and ARM. We'll continue to provide a breakout of revenue by region each quarter and the F/X impact to complement our financials. For guidance, we'll add annual revenue guidance on top of what we already provide today: our annual operating margin and free cash flow forecast and forecasts for quarterly revenue, operating income, net income, and EPS. We'll also announce major subscriber milestones as we cross them."

16:07 EDT PPG board of directors authorizes $2.5B share repurchase program - PPG announced that its board of directors has authorized the repurchase of $2.5 billion of outstanding common stock. The authorization is effective immediately, does not expire, and gives management discretion in determining the conditions under which shares may be purchased. This program is in addition to the company's existing share repurchase authorization, which was approved in December 2017 and had approximately $860 million remaining as of March 31, 2024.

16:06 EDT Civista Bancshares announces $13.5M share repurchase plan - Civista Bancshares announced that the Board of Directors has approved a stock repurchase program authorizing Civista to purchase, from time to time, up to an aggregate $13.5M of its outstanding common shares. This new program replaces the prior share repurchase program approved by the Board of Directors which had authorized Civista to purchase up to an aggregate of $13.5M common shares and would have expired on April 18, 2024, with an aggregate of $1.5M purchased through the replacement date.

16:03 EDT Netflix sees Q2 paid net additions lower in Q2 than in Q1 - Netflix said in its quarterly letter to investors: "We expect paid net additions to be lower in Q2'24 vs. Q1'24 due to typical seasonality. We forecast global ARM to be up year-over-year on a F/X neutral basis in Q2."

16:02 EDT Netflix reports Q1 global streaming paid net additions of 9.33M - Netflix said in its quarterly letter to investors: "Revenue was above our guidance as paid net additions (9.3M vs. 1.8M in Q1'23) were higher than we forecast. Operating income in Q1'24 totaled $2.6B (vs. $1.7B in Q1'23) - a year over year increase of 54%. This was also above our forecast primarily due to our higher than anticipated revenue and the timing of our content spend. Operating margin of 28% grew seven percentage points year over year (vs. 21% last Q1). EPS for the first quarter was $5.28 vs. $2.88 last year and our $4.49 forecast."

15:16 EDT Commerce Bancshares announces stock repurchase program - Commerce Bancshares announced that its Board of Directors approved the repurchase, in combination with the amount remaining from the prior authorization on April 20, 2022, of up to 5M total shares of the company's common stock through its share repurchase program.

14:03 EDT AI could help drive costs down, Gryphon Digital Mining CEO tells The Fly

14:03 EDT Gryphon Digital Mining CEO reiterates goal to 'grow to 10 exahash'

12:33 EDT Alphabet's Pichai 'excited' to show more progress during earnings call

12:27 EDT Google consolidating teams across Research, Google DeepMind - Alphabet and Google CEO Sundar Pichai announced in a blog post a number of structural changes to improve velocity and execution across the company. Pichai said in part: "Last year we created Google DeepMind, bringing together the Google Brain team, DeepMind, and other researchers specifically focused on creating increasingly capable and general AI systems... To accelerate this progress, we're going to consolidate the teams that focus on building models across Research and Google DeepMind. All of this work will now sit in Google DeepMind and scale our capacity to deliver capable AI for our users, partners and customers. This will simplify development by concentrating compute-intensive model building in one place and establishing single access points for PAs looking to take these models and build generative AI applications. This change also gives Google Research a clear and distinct mandate to continue investing in foundational and applied computer science research in three key areas that tie directly to Google's mission: computing systems - including quantum, foundational ML and algorithms, and applied science and society. Fundamental computer science research is in our DNA and we have some of the world's best computer scientists. We simply would not be the company we are today without the researchers who developed the foundations on which all Google's products are built and are now inventing the foundations for our future. We're moving Responsible AI teams in Research to Google DeepMind, to be closer to where the models are built and scaled. We've recently moved other responsibility teams into our central Trust and Safety team, where we are investing more in AI testing and evals... We are formalizing the collaboration between DSPA and P&E and bringing the teams together in a new PA called Platforms & Devices. And the Google Research teams focused on computational photography and on-device intelligence will also be moving over to join the new org to bring deep AI expertise across platforms and devices." Reference Link

12:17 EDT Bentley Systems jumps 6% to $53.01 after Reuters says exploring sale

12:03 EDT JetBlue announces leadership, organizational updates - JetBlue announced several leadership and organizational updates as the company continues on its path to sustained profitability: Daniel Shurz has been named JetBlue's new head of revenue, network, and enterprise planning. Over the past 20 years Shurz has served as vice president, network planning for Air Canada and senior vice president, commercial for Frontier Airlines, and held strategy and business development roles at both carriers. He will lead JetBlue's network planning, airline partnerships, sales and revenue management, and enterprise planning teams which are critical elements of the company's push for profitability and plans to strengthen its network positioning. Daniel will report to JetBlue's president, Marty St. George. Dave Clark has been named JetBlue's new head of finance and strategy, responsible for financial planning and analysis, strategy and business development, as well as investor relations. He joined JetBlue in 2009 and most recently served as JetBlue's head of revenue and planning. He will report to JetBlue's chief financial officer, Ursula Hurley. Shelly Griessel has been promoted to vice president, customer support. She joined JetBlue in 2022 and since then has served as managing director, customer support, responsible for JetBlue's omnichannel management of all customer contacts. She will continue to report to Jayne O'Brien, JetBlue's head of marketing and customer support. Melinda Maher has been named vice president, treasurer and infrastructure. She has served as vice president, financial planning & analysis and structural cost since 2022. She previously served on JetBlue's finance team from 2013-2016 before taking on leadership roles at Alaska Airlines and Amazon. Katherine Celli has been named vice president, culture, talent management, and organizational effectiveness. In addition to bolstering JetBlue's efforts around culture, a key competitive advantage, Katherine will have oversight of talent management and organizational effectiveness. She's been with JetBlue for 16 years, most recently as the culture and change management planning leader for the proposed Spirit integration. She will report to Tracy Lawlor, JetBlue's interim chief people officer.

12:01 EDT Bentley Systems trading halted, volatility trading pause

12:00 EDT Genuine Parts rises 12.3% - Genuine Parts is up 12.3%, or $17.76 to $161.83.

12:00 EDT Primerica falls -10.4% - Primerica is down -10.4%, or -$22.06 to $189.58.

12:00 EDT Lithium Americas falls -27.5% - Lithium Americas is down -27.5%, or -$1.82 to $4.80.

10:58 EDT Project Energy Reimagined Acqutn Corp trading halted, volatility trading pause

10:07 EDT Delta Air Lines selects T-Mobile as preferred mobility partner - Delta Air Lines (DAL) announced it has named T-Mobile (TMUS) as its preferred mobility partner. Over the span of this long-term agreement, Delta will move more than 60,000 lines to T-Mobile and deploy a T-Mobile 5G hybrid network at their Atlanta headquarters to strengthen operational efficiency and enhance customer service.

10:02 EDT LAMF Global Ventures I Corp trading resumes

10:00 EDT Gerdau falls -15.8% - Gerdau is down -15.8%, or -68c to $3.61.

10:00 EDT Barnes Group rises 7.2% - Barnes Group is up 7.2%, or $2.42 to $35.81.

10:00 EDT Badger Meter rises 11.1% - Badger Meter is up 11.1%, or $16.95 to $169.95.

09:57 EDT LAMF Global Ventures I Corp trading halted, volatility trading pause

09:47 EDT Barnes Group rises 7.8% - Barnes Group is up 7.8%, or $2.59 to $35.98.

09:47 EDT Genuine Parts rises 14.1% - Genuine Parts is up 14.1%, or $20.35 to $164.42.

09:47 EDT Gerdau falls -15.9% - Gerdau is down -15.9%, or -68c to $3.61.

09:33 EDT Immix Biopharma says 'on track' to dose NXC-201 patients in U.S. - Immix Biopharma announced that it is on track to dose NXC-201 patients in the U.S. with no change in patient enrollment timing. "We are on track to dose relapsed/refractory AL Amyloidosis NXC-201 patients at our New York City lead site and other leading U.S. sites in mid-2024. U.S. site clinical trial agreements have been signed, and site initiation visits are being scheduled," said Ilya Rachman, MD PhD CEO of Immix Biopharma. "Building on our existing NXC-201 clinical dataset, our U.S. relapsed/refractory AL Amyloidosis clinical trial design is focused on patients with adequate cardiac function who are most likely to experience the greatest clinical benefit from NXC-201. We are committed to providing additional treatment alternatives for relapsed/refractory AL Amyloidosis patients, where there are no FDA approved drugs today."

09:28 EDT Diana Shipping announces time charter contract for m/v P.S. Palios - Diana Shipping has entered into a time charter contract with Bohai Shipping Co., Ltd, for one of its Capesize dry bulk vessels, the m/v P. S. Palios. The gross charter rate is $27,150 per day, minus a 5% commission paid to third parties, for a period until minimum November 1, 2025 up to maximum December 31, 2025. The charter is expected to commence on May 12, 2024. The "P. S. Palios" is a 179,134 dwt Capesize dry bulk vessel built in 2013. The employment of "P. S. Palios" is anticipated to generate approximately $14.39 million of gross revenue for the minimum scheduled period of the time charter.

09:23 EDT Li Auto launches Li L6 SUV - Li Auto launched Li L6, a five-seat premium family SUV. Li L6 will offer Pro and Max trims at retail prices of RMB249,800 and RMB279,800, respectively, and will commence deliveries in April 2024. Li L6 is a premium large SUV that offers spacious interior and excellent configurations, with a length of 4,925 millimeters, width of 1,960 millimeters, height of 1,735 millimeters, and wheelbase of 2,920 millimeters. Its standard first-row seats come with a rich array of features, including ventilation, heating, and seat massage with ten acupressure points. The driver enjoys complete control with an adjustable electric steering wheel equipped with heating and grip sensors. Li L6 offers second-row passengers spacious and comfortable ride experience with a maximum of 1,135 millimeters of legroom and 968 millimeters of headroom and configurable features including electric seat adjustment controls, heating for all three seats, and ventilation for two seats, independent air conditioning, a panoramic sunroof with electric sunshade, and a compressor-based refrigerator. Additionally, the trunk of Li L6 is over one meter in depth and features one-click electric folding and reset of the rear seats, providing users with ample and flexible storage space.

09:21 EDT Sanara MedTech announces $55M debt facility - Sanara MedTech has entered into a $55.0 million non-dilutive term loan agreement with CRG Servicing LLC, an affiliate of CRG, a healthcare focused investment fund, to support the Company's growth initiatives in 2024 and 2025. Sanara received $15.0 million in gross proceeds at closing and can draw up to $40.0 million in additional funds, at its option, in two tranches before June 30, 2025. The Company used approximately $9.8 million of the net proceeds to retire its existing debt. The remaining net proceeds will be used for the Company's growth initiatives, including permitted acquisitions and investments, as well as for working capital and general corporate purposes. In addition, Sanara is currently in discussions with a commercial bank to establish a $10.0 million revolving line of credit as permitted under the CRG facility.

09:11 EDT Ageagle Aerial Systems showcases eBee VISION drones at recent events - AgEagle Aerial Systems announces the Company's recent eBee VISION UAS showcase events conducted in collaboration with various trusted partners across the globe. The Company showcased the eBee VISION UAS for the following government and military entities. Florida Public Safety and Power Department: In collaboration with partner Drone Works, AgEagle demonstrated the product to senior public safety officials as well as the power department to provide monitoring of remote power line areas. North Carolina National Guard: In collaboration with Company partner Tough Stump Technologies, the NC National Guard Special Forces Command previewed the eBee VISION's ability to enhance the military end user's operational capacity. European and Brazilian Military Forces: Various events and meetings held in Europe and Brazil composed of representatives from military forces in Switzerland, Estonia, Latvia, Lithuania, Slovenia, Slovakia, Poland, Malta, Germania, Turkey and Brazil. Guatemala: In collaboration with its partner in Guatemala, Global Agroservice, AgEagle conducted various demos and meetings with the Guatemala City Hall, intelligence and public security agencies, and other government representatives. The demos included day and night mapping, urban applications in the city of Guatemala, monitoring of traffic, and surveillance of high-risk zones with difficult access for the police. All missions delivered real-time video transmission from the drone to the City Hall and other authorities.

09:10 EDT Beyond Meat announces launch of fourth generation Beyond Burger, Beyond Beef - Beyond Mea announced the launch of the fourth generation Beyond Burger and Beyond Beef, the most significant renovation in the company's history, at grocery stores nationwide. "We're proud to create products that allow you to Eat What You Love, like a juicy, delicious, sizzling burger, while offering health and environmental benefits to the consumer. We know that health is a top driver for the plant-based meat category, and with the advancements in taste and nutrition of our new Beyond Burger and Beyond Beef, we're giving consumers a really compelling reason to make the switch," said Akerho Oghoghomeh, Chief Marketing Officer, Beyond Meat.

09:10 EDT Carrier Global's venture group invests in strategic thermal labs - Carrier Global's venture group, Carrier Ventures, is leading an investment and technology partnership with Strategic Thermal Labs. Through this investment, Carrier will leverage STL's technology for a liquid cooling solution for data centers. The liquid cooling market is expected to approach $3B-$5B by 2028 driven by greenfield AI data center builds that will bring significantly higher rack power densities. As part of the financial investment, Carrier will receive a board seat in STL, along with exclusivity for a highly differentiated solution. Carrier has also committed to investing more than $2B by 2030 to develop intelligent climate and energy solutions that incorporate sustainable design principles and reduce lifecycle impacts.

09:09 EDT 180 Degree notes inclusion of McLaughlin as nominee for director of comScore - 180 Degree Capital (TURN) noted the filing of a proxy statement by comScore (SCOR) that includes Matthew McLaughlin as a nominee for election to SCOR's Board of Directors at its upcoming 2024 Annual Meeting of Stockholders. In conjunction with this filing, 180 Degree Capital formally withdrew its nomination of McLaughlin as well as its proposal to declassify SCOR's Board of Directors.

09:06 EDT IHG Hotels & Resorts launches Apple AirPlay in North American hotels - IHG Hotels & Resorts (IHG) launches Apple (AAPL) AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately and securely from their iPhone or iPad to the TV in their guest rooms. AirPlay is available at more than 60 hotels in North America, including properties like InterContinental Buckhead Atlanta, Hotel Indigo NYC Downtown - Wall Street and Holiday Inn & Suites Ottawa Kanata. IHG is the first hospitality company to provide AirPlay functionality as part of its in-room entertainment experience.

09:05 EDT Motorsport Games, BTCC announce settlement, new licensing agreement - Motorsport Games announces the amicable resolution of its previous licensing dispute with the British Touring Car Championship, BTCC. Both parties have also signed a new non-exclusive license agreement, effective immediately, that reinstates BTCC content in the highly acclaimed rFactor 2 racing simulation until the end of 2026 - renewing the partnership and mutual commitment to deliver exceptional BTCC virtual racing experiences to fans worldwide. Stephen Hood, CEO of Motorsport Games, expressed his enthusiasm regarding the recent agreement: "We are delighted to have reached an agreement with the British Touring Car Championship, resolving our dispute while simultaneously establishing a new licensing agreement. This collaboration not only enables us to enhance our current offerings with BTCC content in rFactor 2 but also lays the foundations for an exciting future collaboration. I have long held the BTCC in high regard and introducing the first fully-fledged experience of this incredible racing series to sim racer's homes through rFactor 2 was a standout moment. We anticipate a strong relationship with the BTCC in the years ahead."

09:05 EDT Precision Optics announces receipt of $720,000 follow-on production order - Precision Optics Corporation announced it has received a $720,000 follow on production order from a top tier defense/aerospace company addressing a commercial application that leverages the Company's proprietary manufacturing technology developed for high precision micro-optics systems. The Company received an initial $680,000 production order as of September 2023, and $517,000 in follow on production orders in November and December 2023. With today's announcement, total production orders for this leading-edge application now total more than $1.9 million. All orders currently received for this program are expected to be delivered by August 2024.

09:03 EDT Riot Platforms energizes new Corsicana facility in Texas - Riot Platforms announced that it has successfully energized the substation at the Company's Corsicana Facility. "Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoin mining facility, and today, we have achieved a new milestone in turning that vision into a reality with the energization of our Corsicana Facility," said Jason Les, CEO of Riot. "This landmark achievement highlights our team's unwavering dedication and collaborative effort over the past two years. With the Corsicana Facility's 400-megawatt substation now operational, we remain well on track to increase our self-mining hash rate capacity to 31 EH/s by the end of 2024, which will represent a significant increase in our operational capabilities. We are excited about the incredible pipeline for growth the Corsicana Facility provides over the next several years, and we look forward to further executing on that plan."

09:03 EDT Scout Clean Energy announces 12-year VPPA with Zoetis - Scout Clean Energy, a Colorado-based renewable energy developer-owner-operator, is pleased to announce they have signed a Virtual Power Purchase Agreement with Zoetis for a 50-megawatt portion of Scout's operating Heart of Texas Wind Farm. This constitutes more than one-fourth of the total capacity of the 180 MW project, which produces enough electricity annually to power approximately 67,000 homes. This VPPA is part of Zoetis' roadmap to achieve carbon neutrality in its own operations by 2030. The 12-year term contract will not only secure renewable energy, but also generate Renewable Energy Certificates which will play a role in reducing Zoetis' emissions as part of the RE100 initiative.

09:02 EDT Tritium DCFC trading halted, news pending

08:56 EDT Cumulus Media announces extension of expiration time in exchange offer - Cumulus Media announced that its subsidiary, Cumulus Media New Holdings has further extended the Expiration Time in its previously-announced Exchange Offer and Consent Solicitation, in which the Issuer offered to exchange any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 for new 8.750% Senior Secured First-Lien Notes due 2029, to be issued by the Issuer, upon the terms of and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement dated February 27, 2024. Capitalized terms used but not defined in this press release have the respective meanings ascribed to such terms in the Offering Memorandum. The Issuer is further extending the previously announced New Additionally Extended Expiration Time, which was 5:00 p.m., New York City Time, on April 17, 2024, to 5:00 p.m., New York City Time, on April 18, 2024. The deadline to validly withdraw tenders of the Old Notes was not extended and expired at 5:00 p.m., New York City Time, on March 11, 2024. The Exchange Offer and Consent Solicitation will expire at the Newly Extended Expiration Time, unless extended or terminated. The Newly Extended Expiration Time is subject to earlier termination, withdrawal or extension by the Issuer in its sole and absolute discretion. All other terms of the tender offer remain unchanged. The previously announced Early Tender Time lapsed at 5:00 p.m., New York City Time, on March 18, 2024. As such, holders that validly tender and do not validly withdraw their Old Notes prior to the Newly Extended Expiration Time are only eligible to receive $770.00 principal amount of New Notes. The Issuer will pay accrued and unpaid interest to, but excluding, the Settlement Date, which is as soon as practicable after the Newly Extended Expiration Time, in cash, to holders of Old Notes accepted for exchange pursuant to the Exchange Offer and Consent Solicitation. As of 5:00 p.m., New York City time, on April 17, 2024, approximately $15 million aggregate principal amount of the Old Notes had been validly tendered pursuant to the Exchange Offer and Consent Solicitation and not withdrawn.

08:50 EDT Renovaro appoints Geert Kazemier as chairman of Scientific Advisory Board - Renovaro announces the distinguished Professor Geert Kazemier, MD, PhD, as the new Chairman of its Scientific Advisory Board. Professor Kazemier is the Clinical Director and scientific co-director of the Cancer Center at Amsterdam University Medical Center. The center has an extensive repository of biobank tumor material and liquid biopsies, including an extensive range of data from biomarkers, amongst others, for co-rectal, urogenital, lung, and breast cancers. As the Chairman of the Scientific Advisory Board, Professor Kazemier is set to influence Renovaro's research and development trajectory. We believe his expertise and forward-thinking approach will guide Renovaro in refining the company's strategic initiatives, including data acquisition and biomarker selection, to position Renovaro at the forefront of innovation. His leadership will prioritize novel research paths with the power to potentially transform cancer diagnosis, monitoring, and treatment processes.

08:48 EDT Thumzup reports 19,000 paid posts through Adtech platform - Thumzup has achieved a new milestone of 19,000 paid posts on its innovative social media AdTech platform. This accomplishment underscores the active participation of the Los Angeles community via the Thumzup app, which has collectively earned an impressive $190,000, showcasing the platform's significant influence and value. Robert Steele, CEO of Thumzup, expressed his enthusiasm, stating, "As Thumzup continues to carve out a substantial niche within the Gig Economy, we are thrilled to see our users capitalize on their social media engagements. Our community has now earned $190,000 by promoting brands they are passionate about. This not only enhances our advertisers' brand recognition but also positively affects our users' lives, allowing them to monetize their social media interactions. With these achievements, we are more optimistic than ever about the future of our platform and its potential growth."

08:46 EDT Neogen forms genomics relationship with Performance Food Group - Neogen (NEOG) has formed a genomics relationship with Performance Food Group (PFGC), making the company the official genomics provider for the food group's PathProven service. With the support of Neogen genomics' DNA testing capabilities, Performance Food Group's PathProven food trace technology can trace food products back to the feedlot, ocean, or farm that they came from, allowing the entire production process to be carefully inspected and regulated, ensuring both the quality and origin of these products.

08:43 EDT Reunion Gold signs mineral agreement with the Government of Guyana - Reunion Gold has signed a Mineral Agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission. The Mineral Agreement provides the Company and its 100%-owned Guyanese subsidiary with stable fiscal and operating conditions during the life of the Oko West gold project. The terms in the agreement are consistent with current standard terms established by the country. As part of the agreement, the Company has committed to prioritizing the employment of qualified and suitable Guyanese individuals and to supplement this by implementing a comprehensive training program to develop the additional skills required to facilitate the employment of Guyanese personnel at all levels of operations. The Company believes that fostering and training local talent will contribute to the sustainable development of the country. In addition to its commitment to workforce development, the Company has agreed to establish a financial support program for environmental and social projects. The Company will fund $1,000,000 per year towards initiatives that promote environmental sustainability and address social needs within surrounding communities. This commitment will start upon commencement of commercial production or within 24 months from the issuance of a mining license, whichever would come first. All of these initiatives highlight the Company's dedication to sustainable mining development, which minimizes environmental impacts, positively impacts the communities we work in and creates lasting benefits for Guyana. The Company is moving forward with development studies to advance Oko West towards a construction decision. As part of this work, it expects to complete a preliminary economic assessment by mid-2024, which will provide an estimate of the key economic parameters of the project.

08:40 EDT Mama's Creations secures 'Costco Roadshow' with six branded items - Mama's Creations (MAMA) announced that it has been selected by Costco (COST) Wholesale Corporation to participate in a 'Costco Roadshow' in the Northeast Region, allowing members to sample the Company's products as part of an evaluation for a more permanent placement in Costco clubs both in the region as well as nationally. "We look forward to direct interaction with Costco members to introduce our products to new customers, and new varieties to existing customers," said Lauren Sella, CMO of Mama's Creations. "We continue to expand our partnership with Costco, with our products having seen rotations in 5 of 8 regions over the past twelve months."

08:39 EDT Expion360 announces substantial preorders for Group 27, GC2 batteries - Expion360 announced substantial preorders of its next generation Group 27 and GC2 batteries that now include its groundbreaking Vertical Heat Conduction internal heating technology, a patent-pending innovation representing a significant breakthrough in battery performance, particularly in cold climates, will now be included in the next generation Group 27 and GC2 series. Shipments are expected to begin in May 2024.

08:38 EDT Omniq announces launch of seeQ - OMNIQ announces the release of seeQ, a new device management software application that enables a proactive approach to traffic and device management. Already in use across five hundred lanes, this release highlights OMNIQ's dedication to leading with innovative products that enhance customer satisfaction by using machine vision to actively manage and improve operations. Shai Lustgarten, CEO of OMNIQ stated, "We are proud to announce the launch of seeQ, marking a major advancement in our portfolio of smart solutions. This platform exemplifies our commitment to proactive management and automation, serving not merely as a tool, but as a key part of our strategy to empower customers with technology that anticipates and actively addresses their needs. With seeQ, we are establishing new standards in device management, enabling smarter, more connected, and efficient operations. seeQ enhances our complete solution by bringing everything together."

08:37 EDT Navitas Semiconductor announces GaNFast adopted by Virtual Forest - Navitas Semiconductor announced that Virtual Forest has adopted its GaNFast power integrated circuits technology for a zero-emission, powerful 3 hp solar-powered irrigation pump. The Virtual Forest solar pump with maximum power point tracking operates in conjunction with solar panel and energy storage to provide robust, energy-independent, and pollution-free performance at the point of use. The 3 hp pump is remotely accessed via quad-band IoT with low power consumption. It can raise over 50 gallons-per-minute of water to a height of over 90 feet, enough to water 3 acres of farmland, and help to produce 10 tonnes of wheat.

08:36 EDT BTCS appoints Ashley DeSimone to board of directors - BTCS announced the appointment of Ashley DeSimone to its Board of Directors. Ashley DeSimone brings to BTCS a wealth of experience in corporate strategy, and investor and public relations, having held leadership roles in a leading capital markets advisory and investor and public relations firm, as well as having executive experience at an investment firm. Her background in public company investor relations is anticipated to help BTCS' board continue to navigate the rapidly evolving blockchain ecosystem.

08:36 EDT DarioHealth's cardiometabolic suite selected by two employers - DarioHealth announced two new contracts to provide integrated chronic condition management solutions for two employers beginning in Q2. The employers, a national supply chain company and a regional education organization, selected Dario's cardiometabolic suite to help improve outcomes for employees with cardiometabolic health conditions, including diabetes, pre-diabetes, hypertension and weight management needs, including support for individuals taking a GLP-1 medication. Employees enrolled in Dario's cardiometabolic solution who are taking a GLP-1 medication will also have access to a tailored experience to support long-term behavior change.

08:35 EDT Moleculin Biotech: EMA grants orphan drug designation to Annamycin - Moleculin Biotech announced that the European Medicines Agency has granted Orphan Drug Designation to Annamycin for the treatment of AML.

08:34 EDT Badger Meter says capitalizing on resilient macro trends within water industry - Bockhorst continued, "Our first quarter results demonstrate our continued adeptness in capitalizing on the resilient macro trends within the water industry. While we face more difficult prior year comparisons as the year progresses, we have confidence in the durability of our end markets, the appeal of our innovative offerings and strength of our execution to drive sales and earnings growth. Our expanding suite of end-to-end smart water offerings provides our customers with the ability to customize and tailor solutions to best meet their water management needs. Our proven strategy and strong balance sheet support our ongoing capital allocation priorities including value-added, disciplined acquisitions to continue to differentiate our offerings. We were proud to be named for the second consecutive year to Barron's 2024 list of 100 Most Sustainable Companies. Additionally, we were named a 2024 USA Top Workplace. We believe these types of recognition demonstrate our longstanding philosophy that both managing and enabling sustainability drives long-term shareholder value and world-class employee engagement." Bockhorst concluded, "Badger Meter remains committed to serving our customers, executing our strategy and investing for long-term profitable growth which in turn enables us to preserve the world's most precious resource."

08:33 EDT Black Hills recommends 400 MW of new renewable resources in Colorado - Black Hills announced that its subsidiary Black Hills Colorado Electric, doing business as Black Hills Energy, is recommending 400 megawatts of new renewable energy resources to advance its 2030 Ready Clean Energy Plan. In its 120-Day report filed with the Colorado Public Utilities Commission, Black Hills Energy is proposing a preferred portfolio of resources that will add 200 MW of utility-scale solar, 150 MW of wind, and 50 MW of battery storage, supported by the company's existing dispatchable generation assets. Together, these resources will achieve a reduction in greenhouse gas emissions of an estimated 89% by 2030. "Our plan to add new renewable energy resources in Colorado will allow us to achieve our emissions reduction goals and prudently advance the energy transition for our Colorado customers and communities," said Linn Evans, president and CEO of Black Hills Corp. "In addition to our focus on reliable, safe and cost-effective energy, we are successfully operating one of the cleanest utilities in the state, with all renewable and natural gas generation."

08:33 EDT Adeia enters IP license agreement with Magenta Telekom - Adeia announced Magenta Telekom has entered into an agreement to license Adeia's media intellectual property portfolio.

08:29 EDT A2Z Smart Technologies expands board from five to six directors - Effective immediately, Reeves Ambrecht has been appointed to the Board of Directors. Mr. Ambrecht's appointment expands the board from 5 to 6 directors. Mr. Ambrecht joins the Company's board with more than two decades of financial experience. He currently serves as Managing Partner of RDA Enterprises, LLC and as Managing Director of Stillwater Asset Management.

08:27 EDT Infosys to acquire in-tech, terms not disclosed - Infosys announced a definitive agreement to acquire in-tech, an Engineering R&D services provider focused on German automotive industry. This strategic investment further strengthens Infosys' Engineering R&D capabilities and reaffirms its continued commitment to global clients to navigate their digital engineering journey. The acquisition is expected to close during the first half of fiscal 2025, subject to customary closing conditions and regulatory approvals.

08:26 EDT Columbia County, Oregon awards Ameresco ESPC contract, no terms - Ameresco announced they have been awarded an Energy Savings Performance Contract ESPC from Columbia County, Oregon. The collaboration aims to make the historic John Gumm building more energy efficient, and it is also part of a larger multi-phase effort to enhance the functionality and capacity of county facilities...Under the ESPC, Ameresco will implement modernization retrofits and expansions and energy efficiency solutions, including upgrading the building's boilers, the building envelope, controls, HVAC and ventilation, interior lighting, and other infrastructure needs..."This multi-phase project demonstrates the county's commitment to enhancing functionality and capacity through strategic upgrades," said Margaret Magruder, Columbia County Commissioner. "John Gumm's comprehensive transformation ensures that the county is equipped to meet future demands and uphold our promise of exceptional service to the community."

08:22 EDT Vizsla Silver completes acquisition of Universal Copper - Vizsla Copper announced the completion of the plan of arrangement under the Business Corporations Act, as previously disclosed on February 14, 2024. Pursuant to the terms of the Arrangement, among other things, Vizsla Copper acquired 100% of the issued and outstanding common shares in the capital of Universal Copper in exchange for the issuance of 0.23 common shares in the capital of Vizsla Copper to shareholders of Universal Copper in exchange for each UNV Share, Universal Copper's outstanding stock options were exchanged for options of Vizsla Copper, and Universal Copper's outstanding warrants became exercisable to acquire Vizsla Copper Shares, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio. On April 16, 2024 the Supreme Court of British Columbia issued the final order to approve the Arrangement. The Arrangement received the requisite approval of Universal Copper's securityholders at a special meeting of securityholders held on April 10 , 2024. The UNV Shares are expected to be de-listed from the TSX Venture Exchange effective as of the close of business on or about April 19, 2024. Vizsla Copper also intends to submit an application to the applicable securities regulators to have Universal Copper cease to be a reporting issuer and terminate its public reporting obligations.

08:17 EDT Canacol Energy announces new gas discovery at Chontaduro 1 - Canacol Energy provided the following information concerning the new Chontaduro 1 gas discovery. The Chontaduro 1 exploration well, located on the 100 percent operated VIM21 Exploration and Production contract, was spud on April 2, 2024, and reached a total depth of 9,625 feet measured depth on April 8, 2024. The well encountered 123 feet true vertical depth of net gas pay with average porosity of 21 percent within the primary Cienaga de Oro sandstone reservoir. The CDO reservoir was perforated over a 279 ft MD Interval and the well tied into the Jobo gas treatment facility. The well started at a production rate of 5 million standard cubic feet per day for 2 hours at a choke 29/128" and a THP of 2290 psi. The rate was increased to 8 MMscfpd for another 2 hours with the choke at 30/128. The rate was increased increments of 1 MMscfpd over a period of 5 hours and the choke until it reached 12 MMscfpd. The choke at the final rate was 36/128" and a THP of 2260 psi. The well continues to produce at a rate of 12 MMscfpd over the past 29 hours with a stabilized THP of 2260 psi. The Corporation is currently skidding the rig to drill the Chontaduro 2 appraisal well, targeting the CDO sandstone reservoir in the southern part of the Chontaduro discovery. Chontaduro 2 will spud on April 18, 2024, and will take approximately 3 weeks to drill and complete.

08:16 EDT Panbela Therapeutics announces poster presentation on ivospemin at AACR - Panbela Therapeutics announces a poster presentation highlighting the results for ivospemin as a polyamine metabolism modulator in ovarian cancer at the American Association for Cancer Research, AACR, which took place April 10, 2024. The work reflects the Company's on-going collaboration with Johns Hopkins University School of Medicine. "Ivospemin, reduces the viability of human ovarian adenocarcinoma cell lines regardless of their platinum sensitivity and we found that the combination treatment with doxorubicin increases median survival, delays tumor onset, and decreases overall tumor burden compared to either clinical or subclinical doxorubicin dosing schemes." said Jennifer Simpson, PhD, MSN, CRNP, President & Chief Executive Officer of Panbela. "The continued work by collaborators at Johns Hopkins University School of Medicine is providing the foundation for the initiation of our ovarian cancer program in this year."

08:14 EDT Lightbridge announces Graham to retire, appointed Chairman - Lightbridge Corporation announced that Ambassador Thomas Graham, Jr. will be retiring as Executive Chairman and director of Lightbridge effective as of the upcoming Annual Meeting of Shareholders. Ambassador Graham has been appointed Chairman Emeritus.

08:12 EDT American Shared Hospital appoints Stachowiak as CEO, Tagawa as COO - American Shared Hospital Services announces changes to strengthen its senior management structure. AMS' current Executive Chairman, Ray Stachowiak, will take on the role of Executive Chairman and Chief Executive Officer, CEO, and the Company's President, Craig Tagawa, will become President and Chief Operating Officer, COO, effective immediately. Bob Hiatt will continue to serve as the Company's Chief Financial Officer. Ernie Bates will continue in the role of Vice President of International Sales and Marketing, and Curtis Ellis will continue to serve as Director of Sales, Western Region, USA. The Company announces the appointment of Greg Mercurio as Senior VP of Radiation Oncology. The Company also announces that Ranjit Pradhan will be promoted from Head of Marketing and Customer Advocacy to Vice President of Customer Advocacy and Global Marketing

08:11 EDT Tilray's Montauk Brewing announces return of Project 4:20 India Pale Ale - Montauk Brewing Company announced the return of Project 4:20 India Pale Ale, a limited release crafted to celebrate and support green charities during Earth Month and beyond. This year, Montauk will donate proceeds of Project 4:20 to the Surfrider Foundation, a non-profit dedicated to the protection and enjoyment of the world's oceans, waves and beaches. Montauk brewed Project 4:20 with a unique blend of terpenes for maximum dankness, resulting in a hazy IPA that delivers resinous hempy aromatic notes. In addition to donating 5% of proceeds from Project 4:20 to the Surfrider Foundation, Montauk Brewing will also promote and participate in beach cleanups hosted in April by the organization's Eastern Long Island and Central Long Island chapters.

08:09 EDT authID selected by NNCVS fir secure biometric identity assurance - authID announced that National Notarial Centralized Verification System, NNCVS, will deploy authID's biometric identity life-cycle platform to provide real-time identity assurance to the company's innovative online technology platform for commissioned notaries and their clients. With increasing frequency of social engineering fraud, deepfakes, and ransomware attacks, NNCVS selected authID's for its ability to stop fraud, detect deepfakes, and combat adversarial generative AI. "authID's next-gen biometric identity platform is paramount to our mission to revolutionize the notary industry by providing strong identity assurance that prevents fraudulent account openings and phishing-related account takeovers, while delivering the convenience today's online users expect," said Stefan Perez Tejera, CEO of National Notarial Centralized Verification System. "Together, NNCVS and authID are driving high identity trust in our platform, so our valued network of notaries public, lawyers, and signing agents can easily provide their verified customers with safe notary services."

08:08 EDT Quest Resource announces agreement with United Natural Foods - Quest Resource (QRHC) announced that its Quest Resource Management Group subsidiary has entered into an agreement with United Natural Foods (UNFI), the largest publicly traded wholesale distributor of health and specialty food in the United States and Canada. "Quest is excited to announce our new partnership with UNFI. Our white-glove approach to client service will provide them with a superior experience, while advancing their results toward key business and sustainability goals," said Quest President and Chief Executive Officer S. Ray Hatch. "Quest's solutions address all business waste streams, and for many clients, food waste is a top priority. We use a combination of proven processes and pioneered protocols, such as our patented Quest Proganics(R), to achieve historic diversion rates for organic waste - up to 96% - while providing improved costs."

08:08 EDT BioLife Solutions divests Stirling freezer business - BioLife Solutions has completed the divestiture of its wholly owned subsidiary Global Cooling, or Stirling. The sale is expected to immediately eliminate several million dollars of quarterly cash burn and removes product warranty liabilities, which totaled $7.5M as of December 31, 2023. BioLive anticipates that this transaction will result in higher growth rates in total revenue and adjusted EBITDA, as well as gross margin expansion. The transaction, structured as a stock sale, required $7M in cash to remain on the balance sheet of GCI and the repayment of $2.6M in GCI long-term debt.

08:06 EDT BiomX appoints Blum to board of directors - BiomX announced the appointment of Susan Blum to its Board of Directors. Blum was also appointed to serve as a member and chair of the audit committee of the Board. Blum is the Chief Financial Officer of Melinta Therapeutics.

08:06 EDT Actinium Pharmaceuticals' Iomab-B improves survival in refractory AML - Actinium Pharmaceuticals announced that results from the Phase 3 SIERRA trial of Iomab-B were presented in an oral presentation at the 50th Annual European Bone Marrow Transplant Society Meeting in Glasgow. The results showed that an Iomab-B led bone marrow transplant results in higher rates of remissions and durable Complete Remission, which is the primary endpoint of the SIERRA trial, as well as significant improvement in overall survival in TP53 positive patients. The Phase 3 SIERRA trial enrolled 153 patients age 55 and above with active relapsed or refractory acute myeloid leukemia or AML and compared outcomes of patients receiving Iomab-B BMT to those of patients receiving physician's choice of care in the control arm. In total, 24% of the 153 patients enrolled on SIERRA had a TP53 mutation, which is associated with limited treatment options and poor outcomes.

08:05 EDT Wheels Up to open maintenance facility at Palm Beach International Airport - Wheels Up Experience announced a significant step toward becoming the best-run private aviation company with the forthcoming opening of a new, state-of-the-art maintenance facility at Palm Beach International Airport. Due to open this year, the facility at PBI represents a strategic shift in the allocation of the company's maintenance facilities, with an end goal of better aligning resources to the company's geographic network and flight demand density. In preparation for the opening at PBI, resources will be reallocated from existing, underutilized facilities where there is reduced organic network flow and flight traffic. The immediate result will be the closure of existing maintenance operations in Cincinnati and Broomfield, CO; the relocation of mobile service units in Sacramento, Las Vegas, Salt Lake City and certain service units in Burbank, CA to the Eastern U.S.; and the forthcoming relocation of resources currently stationed in Wheels Up's Fort Lauderdale facility to PBI. Wheels Up has coordinated with MRO providers FEAM Aero and AVEX Aviation in Cincinnati and Broomfield, CO, respectively, to provide a direct path for placement opportunities for affected staff.

08:04 EDT 23andMe announces CEO's intention to pursue potential take-private - 23andMe Holding has been made aware that Anne Wojcicki, CEO, Co-Founder, and Chair of the Board of Directors of 23andMe, is considering making a proposal to acquire all of the outstanding shares of 23andMe that she does not currently own, as she stated in an amendment dated April 17, 2024 to her Schedule 13D filing with the Securities and Exchange Commission. Ms. Wojcicki currently owns shares constituting more than 20% of the total outstanding shares and entitling her to approximately 49% of the voting power of the total outstanding shares of 23andMe. Ms. Wojcicki also indicated in her Schedule 13D filing that she wishes to maintain control of 23andMe and, therefore, will not be willing to support any alternative transaction. The Board of Directors of 23andMe previously formed a Special Committee on March 28, 2024, comprised of independent directors, to review strategic alternatives that may be available to 23andMe to maximize shareholder value. The Special Committee will carefully review Ms. Wojcicki's proposal when and if it is made available and evaluate it in light of other available strategic alternatives, including continuing to operate as a publicly traded company. The Special Committee is committed to acting in the best interests of 23andMe and its shareholders. There can be no assurance that the foregoing will result in any particular outcome, and 23andMe does not intend to comment further on these matters until 23andMe determines that additional disclosure is appropriate or required by law. The Special Committee has engaged Wells Fargo as its financial advisor and Dechert LLP as its legal advisor.

08:03 EDT AGBA Acquisition enters definitive merger agreement with Triller - AGBA Group Holding Limited together with Triller Corp announced that they have entered into a definitive merger agreement to combine AGBA with Triller. The proposed business combination will result in a valuation of the combined company at approximately $4 billion on a pro-forma basis. Triller is a leading global AI-powered technology platform that facilitates the interaction between "Creators" including influencers, artists, and athletes, top global brands and users. With its Amplify.AI technology, Triller seamlessly integrates across major social media platforms, generating over 500 million interactions quarterly across 436 million consumer accounts. Triller serves as a bridge between users and Fortune 500 companies like Meta, Verizon, Nike, Disney, and Pepsi, helping enhance user engagement and bolster their digital presence. AGBA is a leading Asia-based financial services company that serves over 400,000+ individual and corporate customers in Hong Kong. With access to a diverse range of 1,800+ financial products, comprehensive training, and integrated operational support, AGBA empowers its clients to enhance productivity and compliance while delivering a seamless customer experience. By strategically integrating AGBA's financial services expertise with Triller's innovative suite of AI-driven digital content and SaaS offerings, this merger establishes new benchmarks in the convergence of technology, finance, and media. The combination of the two entities is expected to supercharge growth, enabling Triller to capitalize on its large user base, accelerate revenue and earnings growth, and maximize synergies between AGBA's customer base and Triller's offerings. Triller's AI and Natural Language Processing technology, along with its experience in working with creators, celebrities, and brands to generate marketing awareness through digital, live, and virtual content, will further solidify AGBA's position as Asia's leading investment advisor, comparable to a Registered Investment Advisor in the U.S. The Business Combination will also effectively result in the combined entity having one of the largest creator shareholder bases globally, including notable artists, influencers, and institutions such as the D'Amilio Family, Wiz Kalifa, Universal Music, Sony Music, Warner Music, Christina Aguilera, Marshmello, Ty Dolla $, Falcon, David Grutman, Shawn Gee, Des Bryant, Snoop Dogg, Tim Draper, Swizz Beats, Timbaland, Pegasus, Superbrands, Top Dawg, The Weeknd, Kendrick Lamar, Pitbull, TI, and Jake Paul. The leadership for the combined entity post-merger will include Bobby Sarnevesht as Triller CEO, Bob Diamond as Group Chairman, and Wing-Fai Ng as Group CEO. The boards of both AGBA and Triller have approved the proposed Business Combination. The Closing is subject to regulatory and stockholder approvals and the satisfaction of other closing conditions. At closing of the Business Combination, Triller will be a wholly-owned subsidiary of AGBA. The pro forma valuation of the combined company will be $4 billion, with the stockholders of Triller and the holders of Triller's RSUs owning 80% of the post-Merger Group, and AGBA shareholders owning 20% of the post-Merger Group.

08:03 EDT YS Biopharma: YS-HBV-002 vaccine granted clinical trial approval by PFDA - YS Biopharma announced that its YS-HBV-002 immunotherapeutic vaccine, designed to treat patients suffering from chronic hepatitis B virus infection, has been granted clinical trial approval by the Philippine Food and Drug Administration. In light of the approval, the company is preparing to initiate a Phase I clinical trial for YS-HBV-002 in the Philippines, which is expected to begin in June 2024.

07:59 EDT Nitor Capital Management to withhold support for four Tejon Ranch directors - Nitor Capital Management, a significant stockholder of Tejon Ranch Company which beneficially owns approximately 1.75% of Tejon Ranch's outstanding shares, issued a letter to the Company's stockholders, which read in part, "We initially invested in Tejon Ranch in 2021 because we believed, as we do now, that the Company owns irreplaceable, one-of-a-kind assets, has exceptional growth potential and its shares are deeply undervalued. As a long-term stockholder of Tejon Ranch, we have spent a considerable amount of time learning the history of the Company and reviewing the Company's financial statements, executive compensation practices and capital allocation decisions. We have attempted to engage constructively with the Company's management and board of directors to better understand their overall strategy and offer potential solutions to the issues plaguing the Company, including by providing recommendations on how we believe the Company could dramatically improve its reporting of certain metrics to facilitate the market's understanding of the business and more appropriately value the Company. Unfortunately, the Company's management and Board have been unwilling to meaningfully engage with us and Tejon Ranch's share price has continued to languish. During its early days, Tejon Ranch was a land company with nearly all of its value tied to its ownership of 270,000 acres of raw undeveloped ranch/farmland (equivalent to the size of Los Angeles). Over the past 25 years, Tejon Ranch has evolved into a highly valuable, cash flow generating, commercial and industrial real estate company with what we estimate to be $800 million worth of assets that are either fully approved for development or income producing.1 Notably, what was once 1,450 acres of raw undeveloped land has now transformed into a world-class commerce center, Tejon Ranch Commerce Center, that still has remarkable potential for further development. Despite this impressive growth, shares of Tejon Ranch are astoundingly worth less today than they were 5, 10, 20 and even 30+ years ago. Our diligence over the past several years has led us to the following conclusion: the Company's failure to deliver value to stockholders is simply unjustifiable. We believe much of the Company's inability to provide stockholders with a return on their investment is the result of severely misaligned compensation incentives for senior management, speculative deployment of capital and failure to effectively communicate the value of the Company's assets to the market. Accepting the status quo at the Company is no longer tenable - stockholders have suffered long enough, and it is time for management and the Board to take immediate action to deliver value to stockholders. Due to the Company's failure to present a clear and credible plan as to how stockholders will receive a return on their investment or how the Company plans to close the gap between its net asset value and its share price, we intend to WITHHOLD our votes for Compensation Committee Chair Steven A. Betts, Chairman of the Board Norman J. Metcalfe, Real Estate Committee Chair Geoffrey L. Stack and Nominating Committee Chair Michael H. Winer, and vote AGAINST approval of executive officer compensation at the Company's upcoming 2024 Annual Meeting of Stockholders scheduled to be held on May 14, 2024...We firmly believe in the quality of the Company's assets, their potential for continued appreciation and development, and that with the right leadership and strategy, substantial value can be unlocked for stockholders. Tejon Ranch owns a portfolio of highly valuable and sought after income producing assets. These assets are generating over $100 million of recurring annual revenues and $30 million of annual cash flows.6 As a result, we believe Tejon Ranch has reached a point where these assets are now worth $700 million, or $26 per share of value, not including the Company's 270,000 surface acres. When adding the book value of the Company's remaining 270,000 acres and the value of the Company's water and farmland, we believe the total value of Tejon Ranch's assets, net of all debt, presently exceeds $44 per share on a conservative basis. This represents nearly three times the value of the Company's current stock price. Further, the $600 million Hard Rock Resort & Casino development that is currently under construction, which is projected to create approximately 5,000 jobs,8 should have a significant positive impact on the value of the Company's land as the project is just several miles from the Tejon Ranch Commerce Center. Given the Company's exceptional assets, robust balance sheet and growth potential, we simply cannot reconcile why management and the Board have not taken immediate action to remediate the large valuation disconnect."

07:47 EDT Jacobs selected by NASA for environmental engineering services - A Jacobs led joint venture was selected to provide environmental engineering, restoration and compliance services for NASA. As an architect-engineer, Jacobs and JV partner Geosyntec will support safe, sustainable operations for multiple NASA centers, component facilities and other infrastructure assets. Under the five-year, indefinite delivery/indefinite quantity contract, Jacobs will cover technical consultation, contamination detection, sampling, human health and ecological risk assessments, evaluating remedial alternatives, implementing remediation technologies and long-term management of affected environmental media.

07:37 EDT Vicinity Motor announces C$2M loan - Vicinity Motor has entered into an unsecured loan agreement to borrow an aggregate $2,000,000 from two arms' length parties. The Company has entered into a 12 month term loan agreement to borrow $2,000,000. The loan bears simple interest of 12% of which the principal and interest is due 12 months from the advance date of the loan. The Company may prepay the loan at any time without penalty. As further consideration to the lenders for making the loan, the Company has agreed to issue 800,000 bonus warrants exercisable into common shares at a price of $1.15 per common share for 12 months. The bonus warrants and any common shares issued on exercise thereof, will bear a hold period of four months and one day from the date of issuance of the bonus warrants. The issuance of the bonus warrants is subject to the Company's receipt of TSX Venture Exchange approval.

07:37 EDT JD.com announces update on share repurchase program - JD.com announced that, during the quarter ended March 31, 2024, the Company repurchased a total of 87.5 million Class A ordinary shares for a total of $1.2 billion. All of these shares were repurchased in the open markets from both NASDAQ and the Hong Kong Stock Exchange pursuant to the Company's share repurchase programs publicly announced. The total number of shares repurchased by the Company in the first quarter of 2024 amounted to approximately 2.8% of its ordinary shares outstanding as of December 31, 2023. Pursuant to the Company's previous share repurchase program, expired on March 17, 2024, the Company has repurchased a total of approximately $2.1 billion as of March 17, 2024. Pursuant to the Company's new share repurchase program, which is effective through March 18, 2027, the Company has repurchased a total of approximately $0.5 billion as of March 31, 2024. The remaining amount under the Company's new share repurchase program was $2.5 billion as of March 31, 2024.

07:34 EDT Base Carbon Capital receives $10.7M from monetization of carbon credits - Base Carbon with operations through its wholly-owned subsidiary, Base Carbon Capital Partners has received approximately $10.7 million from the monetization of carbon credits generated from its Vietnam project. The Company will host an investor update call on Tuesday, April 23, 2024, at 11:00 a.m. Eastern Time to discuss recent project developments, 2023 financial results and the 2024 Company outlook. Highlights: Base Carbon has received payment of approximately $10.7 million from the Vietnam project offtaker in connection with delivery of approximately 1.85 million cookstove carbon credits. The Company anticipates receiving an additional offtake payment of approximately $1.8 million over the coming days pursuant to delivery of an additional 320,887 water purifier carbon credits from the Vietnam project. Inclusive of the above, the Vietnam project is anticipated to generate approximately 6 million carbon credits and $29.1 million in contracted carbon credit offtake sales for the Company over the next twelve months. Investor update call to be held on Tuesday, April 23, 2024. Vietnam Household Devices Project Update: The Company has received payment of approximately $10.7 million from the Vietnam project offtaker for the delivery of 1,854,496 carbon credits generated from the project. The Company expects to deliver an additional 320,887 carbon credits generated by the project for further payment of approximately $1.8 million pursuant to the project offtake arrangement in the coming days. In aggregate and inclusive of the above, the Company expects to generate approximately 6 million carbon credits from the Vietnam project for delivery to the project offtaker for contracted sales of approximately $29.1 million over the next 12 months. The Company is anticipated to achieve 100% payback of all its project capital expenditures in 2024 and subsequently begin generating significant capital returns from that point forward. Based upon an updated methodology recently adopted for the Vietnam project, the project is now expected to generate approximately 33 million carbon credits over the life-of-project, inclusive of the initial 7.4 million carbon credits contracted to Citigroup Global Markets Limited under a fixed price offtake arrangement. Carbon credit methodologies, which have been approved by Verra, regularly go through reviews and updates based on the latest science-based research to continuously improve the integrity of carbon credits issued by the registry. As previously disclosed, Verra introduced a new version of its cookstove and water purifier methodology in July of 2023. Although the revised methodology is not required to be applied to the project, which was registered with Verra in 2022, changes to the Vietnam project methodology were recently adopted voluntarily to align with the updated scientific reviews and to maintain what the Company believes are the most current market standards and best practices for projects of this type. The Company also believes that by adopting the latest science-based research, the Vietnam project carbon credits will be considered higher quality by the market with potential pricing upside as compared to carbon credits generated under the previous methodological standards. There has been no impact to the quantity or commercial terms of the initial 7.4 million carbon credits contracted for sale pursuant to the project's fixed price offtake arrangement.

07:32 EDT Benitec Biopharma reports interim trial data for subject treasted with BB-301 - Benitec Biopharma announces positive interim clinical data from the 90-day timepoint following the administration of BB-301 to the study's first subject treated in the BB-301 Phase 1b/2a single-arm, open-label, sequential, dose-escalation cohort study in Oculopharyngeal Muscular Dystrophy. BB-301 has been granted Orphan Drug designation by the US Food and Drug Administration and European Medicines Agency Committee for Orphan Medicinal Products. BB-301 Interim Clinical Study Results: During the OPMD Natural History Study, which represents the pre-dose observational period for each subject, Subject 1 experienced progressive worsening of dysphagia as demonstrated by the results of the videofluoroscopic swallowing studies, the cold water timed drinking test, and the key subject-reported outcome measure. At the 90-day timepoint following the administration of BB-301, Subject 1 demonstrated improvements in key videofluoroscopic assessments which correlated with the observation of similar improvement in the key subject-reported outcome measure as compared to the average values for the respective assessments completed during the pre-dose observational period. The most significant VFSS improvements at Day 90 were observed for swallowing tasks centered on the evaluation of pharyngeal constrictor muscle function and swallowing efficiency in the context of the consumption of thin liquids, solid foods and thick, non-solid foods. The VFSS improvements correlated with an improvement in the key subject-reported outcome measure the Sydney Swallow Questionnaire, indicating an improvement in swallowing function as reported by Subject Regarding the BB-301 safety profile observed to date, no Serious Adverse Events have been observed for the two subjects that have received BB-301.

07:27 EDT Transocean announces results of tender offers - Transocean announced on behalf of Transocean Inc., the results of the Company's previously announced tender offers to purchase for cash any and all of its outstanding 11.50% Senior Guaranteed Notes due 2027 and 7.25% Senior Notes due 2025, in each case, from holders thereof. Each of the Notes are referred to as a "series" of Notes. The Offers were made pursuant to an Offer to Purchase, dated April 11, 2024. According to information received from D.F. King & Co., Inc., the tender agent and information agent for the Offers, as of 5:00 p.m., New York City time, on April 17, 2024, $844,367,000 in combined aggregate principal amount of Notes had been validly tendered.

07:23 EDT Vertex Energy sees Q1 CapEx expenses15M-17M as of April 18 - Sees Q1 capacity utilization 81-84% as of April 18 vs. prior 76 - 82%...

07:20 EDT NioCorp to investigate feasibility of rare earth permanent magnet recycling - NioCorp Developments plans to investigate the feasibility of recycling permanent rare earth magnets as part of NioCorp's proposed Elk Creek Critical Minerals Project in southeast Nebraska. NioCorp plans to examine the technical and commercial feasibility of recycling post-consumer neodymium-iron-boron permanent rare earth magnets back into separated rare earth oxides that can be used to make new NdFeB magnets. The research is expected to focus first on bench-scale testing and, depending upon results, possibly moving to demonstration-scale testing. This investigation is expected to be conducted separately from the Company's ongoing work to update its Elk Creek Project Feasibility Study. Once launched, the R&D program will focus on determining efficient processes to de-magnetize, prepare, and grind down used magnets into a feedstock that can then be converted by NioCorp in its planned Elk Creek Project chemical process back into separated rare earth products.

07:18 EDT GeoPark reports preliminary results of its tender offer - GeoPark announced the preliminary results of its tender offer to purchase its common shares, or the shares, at prices specified by the tendering shareholders of not greater than $10.00 nor less than $9.00 per common share or at the purchase price determined in accordance with the tender offer. A total of 4,444,044 common shares of GeoPark were properly tendered and not properly withdrawn at or below a price of $10.00 per share, the maximum cash purchase price in the price range specified in the tender offer, including 932,417 shares that were tendered through notice of guaranteed delivery. GeoPark expects to accept for payment an aggregate of 4,444,044 shares at a purchase price of $10.00 per share. The shares expected to be repurchased represent approximately 8.01% of GeoPark's issued and outstanding common shares as of April 17. Payment for shares will be made in cash, without interest.

07:17 EDT Calliditas Therapeutics' nefecon featured in four posters at nephrology congress - Calliditas Therapeutics announced additional data analyses from the 2-year Phase 3 NeflgArd trial evaluating Nefecon delayed-release capsules in patients with IgA nephropathy, presented at the ISN World Congress of Nephrology in Buenos Aires, Argentina on April 13-16. In a sub-analysis of the phase III NefIgArd trial, Nefecon treatment consistently improved the estimated glomerular filtrate rate over the 2-year study period compared to placebo. 72 patients experienced sustained eGFR improvement, which persisted for up to 18 months after treatment initiation, even after the treatment cessation at month 9. Nefecon treatment may support them in reaching the RaDaR treatment target of an eGFR decline pivotal in mitigating the risk of kidney failure in their lifetime. In the 2-year NefIgArd Phase 3 trial, during the 9-month treatment period, Nefecon showed a 30% reduction in UPCR compared to the placebo, sustained for 2 years. The treatment effect of Nefecon on the risk of kidney function decline was consistent regardless of baseline UPCR. These findings strongly suggest preserved kidney function and provide support for Nefecon as a disease-modifying therapy in patients with IgAN. A 2-year analysis of results of quality of life revealed no meaningful differences in any QoL domain between Nefecon and placebo groups after 9 months of treatment. Responses to Nefecon treatment from the full 2-year NefIgArd trial were assessed in patients identifying as Asian or White. Regardless of race and ethnicity, Nefecon showed a favorable change in eGFR compared to placebo. Nefecon also demonstrated greater reductions in UPCR at 9 and 24 months with notable delays in kidney function decline events. These effects were consistent across races and ethnicities. These findings highlight Nefecon's efficacy and tolerability across different racial and ethnic groups.

07:14 EDT Pure Sunfarms introduces Hi-Def Pre-Rolls - Pure Sunfarms introduces the next product in the evolution of cannabis, Hi-Def Pre-Rolls. Building on its reputation for delivering the best-selling flower in Canada, Pure Sunfarms launched a first-of-its-kind pre-roll, featuring pure ground flower optimized for high potency, with THC content between 36-44% with no concentrates, infusions, or kief. Hi-Def Pre-Rolls are available in the Kush God cultivar, just in time for 4-20 in Alberta and BC, with other provinces to follow.

07:11 EDT BlueHalo awards Mercury Systems production agreement - Mercury Systems announced a production agreement with BlueHalo, the company transforming the future of global defense, to support the U.S. Space Force's Satellite Communication Augmentation Resource, SCAR, program. Within the scope of the agreement, Mercury will provide a field-programmable gate array-based common signal acquisition and digital beamforming solution for BlueHalo's BADGER system, a multi-band deployable ground communications system that simplifies mission operations through agile and re-configurable beamforming tiles. "We are proud to provide signal processing technology for the SCAR program that will allow the United States to maintain its strategic advantage in the space domain," said Ken Hermanny, VP and GM of Signal Technologies at Mercury. "By leveraging commercial innovation from the Mercury Processing Platform, BlueHalo will deliver this game-changing capability at great speed and scale."

07:11 EDT Cushman & Wakefield selected by Standard Chartered for transaction management - Cushman & Wakefield announces that it has been appointed by Standard Chartered Bank to provide services to support its Asia workplace transformation, and Global Asset and Transaction Management for the Bank's 11m square foot global real estate portfolio. The five-year mandate will encompass global Asset & Transactions Management and Property Services across Asia, including Integrated Facilities Management, Project & Design Management Services, Space Planning, Occupancy Management, Health, Safety and Wellbeing and Physical Security and will take effect from 1 July 2024... "Our partnership with Cushman & Wakefield will be key to accelerating our property transformation agenda. As we continue to develop a sustainable real estate strategy across our global portfolio for long-term success, the focus remains on reimagining our employee and client experience. We are excited to strengthen joint capabilities to seize opportunities ahead and look forward to delivering excellence for the Bank and our clients in 2024 and beyond," said Shelley Boland, Global Head, Property, Standard Chartered Bank.

07:09 EDT Bio-Path announces completion of higher dose second cohort in trial of BP1002 - Bio-Path Holdings announced completion of the second dose cohort of the dose escalation portion of its Phase 1/1b clinical trial of BP1002 evaluating the ability of BP1002 to treat refractory/relapsed acute myeloid leukemia patients, including venetoclax-resistant patients. "We are delighted to safely progress through the second, higher dose cohort to reach an important study milestone for the United States Food and Drug Administration to review patient study data," said Peter Nielsen, President and Chief Executive Officer of Bio-Path Holdings. "Enrollment rates have been good, and we look forward to advancing this study in even higher doses with the hope that we can sooner reach the combination therapy segment of our Phase 1/1b study with increased levels of BP1002 for the treatment of these vulnerable patients with few, if any, treatment options."

07:07 EDT Chemomab Therapeutics reports publication on its CCL24 target, SSc - Chemomab Therapeutics announced the publication of a new study that further confirms the key role of its novel soluble protein target CCL24 in systemic sclerosis, SSc. The study, "Serum CCL24 as a Biomarker of Fibrotic and Vascular Disease Severity in Systemic Sclerosis," was published in the current edition of the journal Arthritis Care and Research. "This important new longitudinal study in a large cohort of patients with SSc further confirms the extensive body of preclinical evidence we have generated showing that CCL24 is a key driver of the skin, lung and vascular complications in this terrible condition that lacks disease-modifying therapies," said Adi Mor, PhD, a co-author of the publication and co-founder, CEO and CSO of Chemomab. "These results also reinforce our belief, based on multiple preclinical and patient sample studies, that our novel CCL24-neutralizing antibody CM-101 has substantial potential as a treatment for SSc. Our SSc program is Phase 2-ready with an open US IND, with possible initiation of patient enrollment after the topline readout from our Phase 2 trial in primary sclerosing cholangitis that is expected in the next few months."

07:06 EDT Marqeta teams with financial wellness benefits provider Rain for earned wages - Marqeta announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card, a branded debit card that will enable employers to disburse earned wages onto the cards seamlessly. Through its strategic partnership with Rain, Marqeta can scale its early wage access offerings to more employers across diverse sectors of the economy such as healthcare, education and hospitality...With Marqeta's modern platform and embedded finance capabilities, Rain can seamlessly integrate the Rain Card into its customer experience, allowing employers to distribute Marqeta-powered debit cards that provide workers early access to their earned wages. Marqeta's comprehensive card issuing platform allows Rain to expand its offerings into secured and unsecured credit card solutions and more diverse employee rewards. "We are thrilled to partner with Marqeta and its world-class team and modern tech stack," said Alex Bradford, Chief Executive Officer of Rain. "Rain's mission is to empower millions of workers to reach financial freedom. Marqeta will be a critical partner as we launch new products that enable our users to access their wages faster and more economically and that help them grow their cash flow and savings."

07:05 EDT Mobilicom, Airbus complete integration, flight proof-of-concept on jet-UAV - Mobilicom (MOB) announced that in collaboration with Airbus (EADSY), it has successfully completed the flight proof-of-concept for high-speed jet UAV-to-ground livestreaming of high-definition video and broadband data. Mobilicom's cybersecure long-range, high-speed communications systems were successfully integrated into Airbus' Do-DT25 UAV, one of the top performing target drones in the world. "We believe that this is an important milestone in Mobilicom's expansion strategy as we grow our market into mid-sized drones and jet UAVs to serve our growing customer base. We have demonstrated our new systems' robust capacity to communicate HD video and high-speed data at long range with Airbus, one of the largest aeronautics and space companies in Europe and a worldwide leader," said Mobilicom CEO and Founder Oren Elkayam. "The proof of concept marks a significant step forward in our end-to-end offering supporting our customers across mini, small and mid-sized platforms, including MESH networking solution for fleet and SWARM operations."

07:04 EDT Iridium reiterates FY24 outlook - The company reiterated its full-year 2024 outlook: Total service revenue growth between 4% and 6% for full-year 2024. Total service revenue for 2023 was $584.5 million. Full-year 2024 OEBITDA between $460 million and $470 million. OEBITDA for 2023 was $463.1 million. Cash taxes of less than $10 million per year from 2024 through 2026. We now expect that the longer-term cash tax rate will move closer to the statutory rate in 2028. Net leverage below 2.5 times OEBITDA as we exit 2026 and falling below 2.0 times OEBITDA by the end of the decade, assuming the completion of the company's share repurchase authorization and the payment of quarterly dividends. Net leverage was 3.1 times OEBITDA at December 31, 2023.

07:03 EDT KeyCorp sees FY24 NII down 2%-5% vs. FY23 - Sees FY24 noninterest income up 5%+. Sees relatively stable noninterest expense vs. FY23, net charge-offs 30-40bps, and a GAAP tax rate of about 20%.

07:03 EDT Mawson Infrastructure reports March monthly revenue $5.44M - Mawson Infrastructure Group announced its unaudited business and operational update for March 2024. Rahul Mewawalla, CEO and President, commented, "We are very pleased with our digital platform capabilities and our total revenue in March 2024 growing to double of our revenue back in March last year with 100% Y/Y growth. We are also excited to grow our self-mining business revenue by 182% Y/Y and grow our co-location business revenue by 54% Y/Y. In addition, we are delighted to expand our co-location customer agreement and to grow our business with our enterprise customers. Our robust portfolio mix and our enhanced capabilities across all three of our businesses - self-mining, co-location business services, and energy management - provides us with a broader set of opportunities ahead." Unaudited March Monthly Operating Results Summary: Total monthly revenue doubled Y/Y with 100% Y/Y growth to about $5.44 million and the equivalent of 83 BTC1. Self-mining business revenue increased 182% Y/Y and 12% M/M to $2.87 million. Co-location business revenue was $2.40 million and is expected to expand to approximately 82 MW and over 25,284 miners. Energy management revenue was $0.17 million. Total Power Capacity was approximately 109 MW with capacity for approximately 35,650 miners.

07:02 EDT Lion Electric adopts workforce reduction and cost-cutting measures - Lion Electric announced a reduction of its workforce, combined with other cost-cutting measures, aimed at further reducing its operating expenses and aligning its cost structure to current market dynamics. The workforce reduction affects approximately 120 employees, mostly Canada-based employees in overhead and product development functions. The measure should not negatively impact the company's production capacity. Following this workforce reduction, Lion will have approximately 1,150 employees, including more than 600 manufacturing positions. In addition to the workforce reduction, Lion continues to undertake internal measures to reduce its cost structure, including in areas such as third-party inventory logistics, lease expenses, consulting, product development and professional fees. The workforce reduction and cost cutting measures, combined with the measures announced in November 2023 and February 2024, are expected to result in annualized costs savings of approximately $40M.

06:47 EDT Castellum announces new strategic alliance for government contract bidding - Castellum announced a new strategic alliance between its subsidiary Specialty Systems and Epic Systems. The strategic alliance is in the form of a "Mentor-Protege" arrangement pursuant to applicable rules of the Federal Acquisition Regulation. The Alliance allows for the bidding on government contracts utilizing Epic's small business status while leveraging SSI's 40+ years of past performance.

06:41 EDT Red Cat signs agreement with Sentien Robotics for drone swarming operations - Red Cat announced a partnership with Sentien Robotics, provider of autonomous drone fleet logistics. The partnership will enable organizations using Sentien's Hive UAS management platforms to deploy Teal Drones as part of a larger autonomous drone swarming strategy for mobile and fixed-position land, air, and sea defense and security operations. The partnership between Red Cat and Sentien Robotics will enable the companies to provide warfighters with the ability for continuous uninterrupted reconnaissance on enemy targets with drone swarms. Red Cat's Teal Drones recently successfully passed electronic warfare testing in Ukraine against some of the most powerful EW counter UAV technology. Red Cat subsidiary Teal Drones builds its Teal 2 drone solutions, designed to support U.S. and allied military operations, public safety organizations, and government agencies, at its South Salt Lake facility. Sentien Robotics developed the Hive to automate all facets of UAS operation.

06:37 EDT Cerevel Therapeutics' tavapadon meets Phase 3 primary endpoint in Parkinson's - Cerevel Therapeutics announced positive topline results from its pivotal Phase 3 TEMPO-3 trial for tavapadon, the first and only D1/D5 receptor partial agonist being studied as a once-daily treatment for Parkinson's disease. The TEMPO-3 trial evaluated the efficacy, safety and tolerability of tavapadon as an adjunctive therapy to levodopa in adults. The trial met its primary endpoint - patients treated with tavapadon adjunctive to LD experienced a clinically meaningful and statistically significant increase of 1.1 hours in total "on" time without troublesome dyskinesia compared to those treated with LD and placebo. A statistically significant reduction in "off" time, the key secondary endpoint, was also observed for the tavapadon treatment arm. Tavapadon was generally well tolerated. The safety profile observed in the TEMPO-3 trial was consistent with prior clinical trials of tavapadon. The majority of adverse events reported were mild to moderate in severity. Full results from the TEMPO-3 study will be submitted for presentation at future medical meetings and used to support regulatory submissions of tavapadon as a treatment for Parkinson's disease. Topline results from the Phase 3 monotherapy trials for tavapadon, TEMPO-1 and TEMPO-2, are expected in the second half of 2024.

06:32 EDT Snap-On sees 2024 CapEx $100M-$110M

06:23 EDT EU new car registrations down 5.2% in March - In March, the European Union car market experienced its first decline of the year, registering a 5.2% decrease to 1M units, the ACEA reported. The timing of the Easter holidays negatively impacted last month's sales across most EU markets, including the four largest, the group stated. Publicly traded automakers include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY). Reference Link

06:03 EDT Elevance Health reports Medical membership totaled ~46.2M at March 31 - "Medical membership totaled approximately 46.2 million as of March 31, 2024, a decrease of 1.9 million, or 4 percent compared to the prior year quarter, driven by attrition in our Medicaid business associated with eligibility redeterminations and expected footprint adjustments. These membership losses were partially offset by growth in our commercial Employer Group fee-based, Affordable Care Act, and BlueCard membership."

05:19 EDT Lazard, Elaia Partners form strategic partnership agreement - Lazard and Elaia Partners, an established European venture capital firm, signed a strategic partnership agreement to create a European player focused on investment in technology companies, supporting them at all stages of their development, from seed to their listing on public markets. This follows the announcement on December 2023 of exclusive negotiations between Lazard and Elaia Partners. The partnership involves the creation of a new Paris-based asset management company, Lazard Elaia Capital, or LEC, which will be 75%-owned by Lazard and 25%-owned by Elaia Partners. It will be led by Xavier Lazarus, co-founder and managing partner of Elaia Partners, alongside a newly hired investment team. This investment platform aims to meet the capital needs of future technology and deep tech leaders in late stage and growth equity. An initial fund focusing on Europe is currently planned to be launched by 2025, subject to regulatory approval. As part of this strategic partnership, Lazard has acquired a minority stake in Elaia Partners. The agreement provides the option for Lazard to purchase up to 100% ownership over time. The partnership remains subject to regulatory approval and AMF registration.

05:04 EDT Stagwell launches London hub to support European expansion - Stagwell announced the grand opening of its EMEA headquarters situated in London's Blue Fin Building in the vibrant South Bank neighborhood. This milestone closely follows the company's FY23 earnings report, which saw Stagwell's EMEA agencies leading growth, with a 17% year-over-year net revenue increase.