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

ARM SIRI

Hot Stocks

20:42 EDT Arm to join Nasdaq-100 index, replacing Sirius XM - Nasdaq announced that Arm Holdings plc (ARM), will become a component of the Nasdaq-100 Index, the Nasdaq-100 Equal Weighted Index, the Nasdaq-100 Tech Sector Index, the Nasdaq-100 Technology Sector Market-Cap Weighted Index , and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index prior to market open on Monday, June 24, 2024. Arm Holdings plc will replace Sirius XM Holdings Inc. (SIRI) in the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index. Sirius XM will also be removed from the Nasdaq-100 Ex-Tech Sector Index, the Nasdaq-100 ESG Index, the Nasdaq-100 Sustainable ESG Select Index, and the Nasdaq-100 Target 25 Index on the same date.
PD

Hot Stocks

20:40 EDT Cathie Wood's ARK Investment buys 78K shares of PagerDuty today
TWOU

Hot Stocks

19:50 EDT 2U trading halted, news pending
TRNR

Hot Stocks

19:50 EDT Interactive Strength Inc trading halted, news pending
BGNE

Hot Stocks

19:43 EDT BeiGene, NewBridge Pharmaceuticals to conclude BRUKINSA pact in MENA - The company stated: "BeiGene and NewBridge Pharmaceuticals have jointly decided to conclude their partnership. This strategic decision aligns with BeiGene's goals to expand its presence and directly manage operations in the MENA region. The collaboration between the two companies began in 2020 and included sales, distribution, and commercialization activities for BRUKINSA in the MENA region. As a result of the partnership, BRUKINSA has been approved by the health authorities in multiple territories and is currently marketed in several regions with additional approvals to come. The separation is well planned, with timelines determined on a country-by-country basis starting in June 2024 and completing by March 31, 2025. Whilst the distribution agreement has been agreed by the parties to terminate on March 31, 2025, all customer-facing activities will be taken over by BeiGene from June 11, 2024, including Medical Affairs, Commercial Operations and Market Access, with BeiGene utilizing the expanded team it is building in the region. This strategic shift represents a significant milestone for BeiGene as it expands its global presence. By 2025, the company aims to achieve groundbreaking advancements in the treatment of solid tumors and hematological cancers, reinforcing its dedication to providing cutting-edge cancer therapies worldwide. This move underscores BeiGene's commitment to delivering innovative and transformative treatments to cancer patients globally."
WEST

Hot Stocks

18:39 EDT Westrock Coffee launches roast to ready-to-drink manufacturing facility - Westrock Coffee "launches the largest roast to ready-to-drink manufacturing facility in North America. Located in Conway, Arkansas, the 570,000-square-foot facility represents a $315 million investment in manufacturing capability and includes a comprehensive beverage development laboratory. This facility squarely positions Westrock Coffee at the forefront of coffee and Ready-To-Drink beverage innovation and production."
GTLB

Hot Stocks

18:38 EDT GitLab CFO Robins sells 11,667 class A shares - In a regulatory filing, Gitlab CFO Brian Robins disclosed the sale of 11,667 class A common shares of the company on June 12 at a price of $45.46 per share.
BITF RIOT

Hot Stocks

18:37 EDT Riot Platforms reports beneficial ownership of 14% in Bitfarms - Riot Platforms (RIOT) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 - Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (BITF) Riot announces that on June 13, 2024 it acquired ownership of 1,432,063 common shares of the Company representing approximately 0.35% of the issued and outstanding Common Shares of the Company. The Purchased Shares were acquired through normal course purchases on the Nasdaq Stock Market and other open market trades for a weighted average price of approximately US$2.70 per Purchased Share at a price range per Purchased Share of approximately US$2.55 to US$2.75 for an aggregate amount equal to US$3,870,293.46. Immediately prior to the acquisition of Common Shares giving rise to the issuance of this press release, Riot beneficially owned 56,194,973 Common Shares, representing approximately 13.65% of the issued and outstanding Common Shares (as calculated based on the information most recently provided by the Company in its material change report dated June 10, 2024). Following completion of the aforementioned acquisition, Riot beneficially owned 57,627,036 Common Shares, representing approximately 14.00% of the issued and outstanding Common Shares as at the date hereof.
GXO

Hot Stocks

17:51 EDT GXO Logistics CEO buys $499.5K in common stock - In a regulatory filing, GXO Logistics disclosed that its CEO Malcolm Wilson bought 10K shares of common stock on June 11th in a total transaction size of $499.5K. Shares of GXO Logistics are up 1.4% afterhours at $50.15.
ISSC

Hot Stocks

17:51 EDT Innovative Solutions responds to Christopher Harborne indication of interest - Innovative Solutions announced its response to the unsolicited, non-binding indication of interest to make a proposal from Christopher Harborne, in which Harborne would acquire all of the shares of the company's common stock not already owned by Harborne at a price of $7.25 per share in cash. The Board unanimously determined that the non-binding indication of interest undervalues IS&S, lacks certainty, and is not in the best interests of the company and its stakeholders.
PEGA

Hot Stocks

17:49 EDT Pegasystems director buys $504.2K in common stock - In a regulatory filing, Pegasystems disclosed that its director Sharon Rowlands bought 8.6K shares of common stock on June 11th in a total transaction size of $504.2K. Shares of Pegasystems are up 4.1% afterhours at $59.60.
NUVB

Hot Stocks

17:47 EDT Nuvation Bio director buys $500K in common stock - In a regulatory filing, Nuvation Bio disclosed that its director Kim Blickenstaff bought 172K shares of common stock on June 11th in a total transaction size of $500K. Shares of Nuvation Bio are up 4.7% afterhours at $3.13.
RMAX

Hot Stocks

17:44 EDT Re/Max: New listings rose 15.1% in May, home sales grew 0.7% y/y - In May, both inventory and new listings grew to levels not seen since the second half of 2022. The number of homes for sale, as surveyed across 53 metro areas, also increased, rising 8.7% over April and 39.6% year over year. And for the third consecutive month, the number of new listings exceeded 2023 levels by double-digit percentages - 15.1% in May, 18.2% in April, and 17.6% in March.Fueled by the 22-month high in new listings, May home sales grew 10.9% over April and 0.7% over last May. Monthly home sales in 2024 have now exceeded the 2023 monthly sales totals for four of the five months. The Median Sale Price increased 2.4% over April to $435,000. That was 4.8% higher than May 2023. The close-to-list price ratio remained at the 100% level it reached in April following eight months at 99% or less. "More sellers are seeing the advantages of listing their homes now. They're getting their asking price and enjoying the benefits of a relatively quick sale," said Amy Lessinger, President of RE/MAX, LLC. "Growing inventory offers more options for homebuyers, too, and we're seeing more sales activity as a result. Mortgage rates continue to impact the rhythm of the housing market. If inventory keeps bulking up and mortgage rates don't change, prices may eventually start to soften."
PRI

Hot Stocks

17:40 EDT Primerica CEO Williams sells 3,000 common shares - In a regulatory filing, Primerica CEO Glenn Williams disclosed the sale of 3,000 common shares of the company on June 13 at a price of $222.7568 per share.
MLYS

Hot Stocks

17:35 EDT Mineralys Therapeutics CFO Levy sells 96,815 common shares - In a regulatory filing, Mineralys Therapeutics CFO Adam Scott Levy disclosed the sale of 96,815 common shares of the company on June 11 at a price of $12.9393 per share.
NOC

Hot Stocks

17:32 EDT Northrop Grumman awarded $244.69M Navy contract modification - Northrop Grumman was awarded a $244.69M firm-fixed-price modification to a previously awarded contract to exercise an option for production of Surface Electronic Warfare Improvement Program Block 3 electronic attack hemisphere systems and ancillary hardware equipment. Work is expected to be completed by April 2027. FY24 shipbuilding and conversion funds in the amount of $124.54M; and FY24 other procurement funds in the amount of $120.15M, will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.
CATX

Hot Stocks

17:22 EDT Perspective Therapeutics CEO buys $117.4K in common stock - In a regulatory filing, Perspective Therapeutics disclosed that its CEO Johan Spoor bought 100K shares of common stock on June 13th in a total transaction size of $117.4K. Shares of Perspective Therapeutics are up 8% afterhours at $1.25.
LNW

Hot Stocks

17:20 EDT Light & Wonder approves new buyback for up to $1.0B - In a regulatory filing, the company states: "On June 11, 2024, the Board of Directors of Light & Wonder approved a new share repurchase program under which the Company is authorized to repurchase, from time to time through June 12, 2027, up to an aggregate amount of $1.0 billion of its outstanding common stock. As of June 13, 2024, the Company has exhausted the $750 million share repurchase authorization under the Company's prior share repurchase program."
ADBE

Hot Stocks

17:09 EDT Adobe sees Q3 digital media annual recurring revenue $460M of net new ARR - Sees Q3 tax rate 18.5%. Sees FY24 digital media annual recurring revenue, or ARR, $1.95B of net new ARR. Sees FY24 tax rate 18.5%. Says extending applications to integrate third-party text, image and video models and partnering strategically to create multi-modal large language models. Says vision for Adobe Express is to provide a breakthrough application to make design easy for communicators worldwide, leveraging generative AI. Says pleased to raise annual net new ARR target to $1.95B. Comments and guidance taken from Q2 earnings conference call.
SEE

Hot Stocks

17:01 EDT Sealed Air names Patrick Kivits CEO - Sealed Air announced that its Board of Directors has elected Patrick Kivits as its new Chief Executive Officer, following an extensive search process, effective July 1st, 2024. Mr. Kivits will also serve as a member of the Board of Directors of SEE. Emile Chammas and Mr. Dustin Semach will remain with the company. Chammas will continue to serve as Chief Operating Officer and Mr. Semach's role is being elevated to President and Chief Financial Officer. Henry Keizer, SEE Board Chairman, said, "We are pleased to welcome Patrick as our new CEO. He has a strong track record of delivering growth and driving commercial and operational transformations within the packaging industry, and we are confident he will accelerate SEE's transformation and drive long-term value creation for our shareholders."
RH

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16:54 EDT RH down 10% at $249.10 after Q1 earnings miss
TXT

Hot Stocks

16:53 EDT Textron announces flight of second Cessna Citation Ascend article - Textron Aviation announced the flight of its second Cessna Citation Ascend flight test article as certification momentum builds for the newest Citation business jet. The milestone flight follows the Ascend prototype, which completed its first flight in 2023 marking the P1 aircraft the first conforming production flight test aircraft. The Citation Ascend business jet was unveiled during the 2023 European Business Aviation Convention & Exhibition, or EBACE, and the aircraft is expected to enter into service in 2025.
ON

Hot Stocks

16:52 EDT On Semiconductor CFO Thad Trent sells $2.8M in company shares - CFO of ON Semiconductor Thad Trent disclosed the sale of 38,000 shares of company stock at $72.55 per share on June 11, for a total transaction amount of $2,756,938.
ON

Hot Stocks

16:49 EDT On Semiconductor to incur $65M-$80M charge amid Fab Right strategy, layoffs - On June 13, ON Semiconductor initiated several actions in furtherance of its previously-announced "Fab Right" strategy, intended to optimize its manufacturing network, and its overall efforts to consolidate its global corporate footprint. onsemi intends to consolidate nine sites and reduce its current global workforce by approximately 1,000 employees. Around 300 additional employees will be reassigned or asked to relocate to another onsemi site. onsemi expects to complete this process during 2025, subject to applicable local law and regulations. As a result, the Company estimates that it will incur between $65M and $80M in employment-related charges in 2024 and 2025 for, among other things, one-time cash payments for severance, benefits expenses, payroll taxes and other ancillary charges. onsemi expects that the majority of these charges will be recorded during calendar year 2024. The Company plans to reinvest a substantial portion of the savings generated from these actions into its continuing workforce and certain business initiatives and opportunities. Consequently, these actions may not result in a material reduction in the Company's future operating expenses.
BMY

Hot Stocks

16:49 EDT Bristol Myers says FDA grants accelerated approval of Augtyro - Bristol Myers Squibb announced that the U.S. FDA has granted accelerated approval of Augtyro for the treatment of adult and pediatric patients 12 years of age and older with solid tumors that have a neurotrophic tyrosine receptor kinase gene fusion, are locally advanced or metastatic or where surgical resection is likely to result in severe morbidity, and have progressed following treatment or have no satisfactory alternative therapy. The approval is based on results from the Phase 1/2 TRIDENT-1 study, which evaluated Augtyro in adult patients with NTRK-positive solid tumors. This indication is approved under accelerated approval based on overall response rate and duration of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in the confirmatory trials
RUM

Hot Stocks

16:32 EDT Rumble sends letter to LSEG CEO about potential Russell 3000 Index exclusion - Rumble has sent a letter to the CEO of the London Stock Exchange Grou regarding the potential exclusion of Rumble from the Russell 3000 Index. The letter in its entirety is included below..."I would like to alert you to errors by the staff of the London Stock Exchange Group LSEG in connection with the determination of the Russell 3000 Index. Despite our repeated requests, LSEG staff have failed to address obvious errors in their calculations of the voting rights of Rumble leading to the potential exclusion of Rumble from the Russell 3000 Index. I urge you to correct this error immediately, before the LSEG finalizes the Russell 3000 Index and publishes misleading information to investors and the public. When LSEG published the preliminary Russell 3000 Index in late May 2024, we noticed the omission of Rumble. We inquired with LSEG staff, who informed us that Rumble was not included on the list because Rumble did not meet the Index's minimum voting rights requirement. Upon investigation, we discovered that the LSEG staff's calculations were incorrect. Using the LSEG's formula and methodology, publicly held shares of Rumble make up at least 5.5 percent of the total voting rights of the company-placing Rumble above the Russell 3000's minimum threshold of 5.0 percent. The error in LSEG's math should have been obvious to the LSEG staff. Under their calculation, only 13 million shares of Rumble class A common stock are in public hands. However, a quick glance at Rumble's publicly filed proxy statement, the source that LSEG ostensibly relied upon, discloses that approximately 16 million class A shares are controlled by Dan Bongino. Mr. Bongino is an unaffiliated third-party shareholder who reported his holdings on Schedule 13G. Furthermore, shareholders of the special purpose acquisition company SPAC that Rumble combined with when it went public in September 2022 hold approximately 30 million class A shares, none of which are held by company insiders. These two easily discernable facts alone show that LSEG's claim of 13 million shares of Rumble class A stock in public hands is wrong on its face."
WPC

Hot Stocks

16:32 EDT W.P. Carey raises quarterly dividend to 87c per share - W. P. Carey reported that its Board of Directors increased its quarterly cash dividend to 87c per share, equivalent to an annualized dividend rate of $3.48 per share. The dividend is payable on July 15 to stockholders of record as of June 28.
ZKH

Hot Stocks

16:31 EDT ZKH Group authorizes $50M share repurchase program - ZKH Group has authorized a share repurchase program under which the company may repurchase up to $50M of its ADSs over the next 12 months, ending on June 13, 2025. The company expects to fund the repurchases out of its existing cash balance.
GVA

Hot Stocks

16:31 EDT Granite awarded roughly $15M contract by Caltrans - Granite has been awarded an approximately $15M contract by the California Department of Transportation to rehabilitate pavement along State Route 41 near Stratford, California. Project funding comes from Caltrans and will be included in Granite's second-quarter CAP. This project aims to rehabilitate the pavement, providing a smoother ride and reducing maintenance demands. The rehabilitation will involve removing and replacing failed pavement areas with 49,400 tons of Hot Mix Asphalt and then placing a surface course of 19,100 tons of Rubberized Hot Mix Asphalt which will be supplied by Granite's Coalinga plant in Fresno County, California. In addition to the pavement rehabilitation, culverts along the route will be lengthened and rehabilitated, guard railing and barriers will be upgraded, and failing bridge approaches pavement will be replaced with concrete approaches slabs. "Our team is proud to take on the challenge of enhancing SR41, a vital connector between the Central Valley and the Central Coast," said Carter Rohrbough, Granite Vice President of Regional Operations. "With numerous pavement failures impacting this heavily traveled two-lane highway, we're committed to delivering smoother roads and reducing maintenance burdens for Caltrans crews. Our expertise and dedication will ensure a safer and more efficient journey for all travelers."
MSTR

Hot Stocks

16:27 EDT MicroStrategy jumps after new Bernstein target offers 80% upside - Shares of MicroStrategy are moving higher after Bernstein initiated the stock with an Outperform rating and $2,890 price target, which represents 80% upside from current levels. The stock in after-hours trading is up 1%, or $21.12, to $1,505.00.
BURU

Hot Stocks

16:19 EDT NYSE American to commence delisting proceedings against Nuburu - NYSE American announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Nuburu, - ticker symbol BURU - from NYSE American. Trading in the company's common stock will be suspended immediately. "NYSE Regulation has determined that the company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the low selling price of the common stock. The company has a right to a review of staff's determination to delist the common stock by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange. The NYSE American will apply to the Securities and Exchange Commission to delist the company's common stock upon completion of all applicable procedures, including any appeal by the company of the NYSE Regulation staff's decision," the exchange stated. Reference Link
VXRT

Hot Stocks

16:18 EDT Vaxart receives BARDA-funded project award up to $453M - Vaxart announced that it received a project award valued at up to $453M through the Rapid Response Partnership Vehicle, or RRPV. The RRPV is a Consortium funded by the Biomedical Advanced Research and Development Authority, or BARDA, part of the Administration for Strategic Preparedness and Response, or ASPR, in the U.S. Department of Health and Human Services, or HHS. The funds will be used to conduct a Phase 2b comparative study evaluating Vaxart's oral pill COVID-19 vaccine candidate against a FDA-approved mRNA vaccine comparator. In preparation for the trial, Vaxart created and manufactured under Good Manufacturing Practice, or GMP, standards a next-generation oral COVID-19 vaccine tablet candidate that - based on preclinical data - is more potent than Vaxart's prior COVID-19 vaccine constructs. Funding under the award will be provided in two parts with approximately $65.7M available immediately to continue study start-up activities, and the remainder of approximately $387.2M provided when Vaxart and BARDA have determined that the study may further proceed and paid over the course of the study. Currently, Vaxart anticipates initiating enrollment as early as summer 2024. An interim analysis for vaccine efficacy compared to an approved mRNA comparator may occur as early as the first quarter of 2025.
ACAB

Hot Stocks

16:17 EDT Atlantic Coastal Acquisition II receives delayed filing notice from Nasdaq - Atlantic Coastal Acquisition II received written notification from Nasdaq on June 3 that, because the company had not yet filed its Quarterly Report on Form 10-Q for the three month period ended March 31, 2024 with the SEC, the company was not in compliance with Nasdaq's continued listing requirements. The company has 60 calendar days from the date of the notice to provide Nasdaq with a specific plan to achieve and sustain compliance. The company expects to file the 10-Q in the coming weeks.
TPL

Hot Stocks

16:16 EDT Texas Pacific Land announces special dividend of $10 per share - The special dividend will be payable on July 15, 2024 to stockholders of record at the close of business on July 1, 2024. "With tailwinds of excellent business execution, supportive fundamentals, and a fortress balance sheet, we're pleased to announce a special dividend, which is the largest in TPL's history and represents a 50% increase compared to the most recent prior split-adjusted special dividend," said Tyler Glover, Chief Executive Officer of the Company. "As we evaluate our current capital structure, capital allocation priorities, business fundamentals, and investment opportunities, we have set a target cash and cash equivalents balance of approximately $700 million. Above this targeted level, TPL will seek to deploy the majority of its free cash flow towards share repurchases and dividends."
CIM

Hot Stocks

16:15 EDT Chimera raises quarterly dividend to 35c per share from 33c - The dividend is payable July 31, 2024 to common stockholders of record on June 28, 2024.
OCUL

Hot Stocks

16:13 EDT Ocular Therapeutix: Progress made with AXPAXLI SOL-1 for wet AMD - Ocular Therapeutix hosted an Investor Day where it highlighted excellent clinical development progress with AXPAXLI for wet age-related macular degeneration wet AMD and non-proliferative diabetic retinopathy NPDR and updated its corporate strategy. "2024 has been a time of significant accomplishment for Ocular. To support our mission to become a leader in retinal care, we successfully assembled a 'Retina Dream Team' of recognized leaders in the field, fortified our balance sheet with additional capital and streamlined the organization. We are already seeing the positive impact of these efforts, based on exceptional enrollment in the pivotal SOL-1 AXPAXLI study for wet AMD, coupled with plans for a new SOL-R repeat dosing study and the report of positive 48-week topline data from the Phase 1 HELIOS NPDR study," said Pravin U. Dugel, MD, Executive Chairman, President and Chief Executive Officer of Ocular Therapeutix. "Our transformation into a retina-focused company is built on three pillars: convincing data from three clinical studies with AXPAXLI, de-risking the regulatory pathway in wet AMD, and a focus on expansive, retinal vascular disease markets. We are more confident today than ever before that AXPAXLI has demonstrated monotherapy activity, with potential best-in-class durability and a favorable safety profile that is well positioned to disrupt today's treatment paradigm which includes frequent, burdensome regimens."
MITT

Hot Stocks

16:12 EDT AG Mortgage raises quarterly dividend by 5.6% to 19c per share - The dividend is payable on July 31, 2024 to shareholders of record at the close of business on June 28, 2024.
ADBE

Hot Stocks

16:11 EDT Adobe jumps 14% to $523 after Q2 earnings beat, above-consensus guidance
ADBE

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16:07 EDT Adobe reports Q2 Remaining Performance Obligations $17.86B
GME

Hot Stocks

16:07 EDT GameStop jumps after technical issue adjourns annual meeting - GameStop's annual meeting today was adjourned after high interest from shareholders led to a technical issue. A spokesperson for Computershare, the transfer agency hosting the meeting's stream, confirmed to the Wall Street Journal that a technical issue prevented some investors from entering the call. The meeting was subsequently adjourned. The issue was caused by "unprecedented demand from shareholders" looking to access the company's annual general meeting, the spokesperson said. Shares of GameStop closed Thursday up 14%, or $3.66, to $29.12.
XAIR

Hot Stocks

16:06 EDT Beyond Air appoints David Webster as chief commercial officer - Beyond Air announced the appointment of David Webster as chief commercial officer of the company, effective July 8. Webster has developed and executed several commercial strategies for medical devices and therapeutics, primarily in the hospital space.
INAB

Hot Stocks

16:05 EDT IN8bio presents updated data from Phase 1 trial of INB-100 at EHA - IN8bio cell therapies presents updated data from its Phase 1 trial of INB-100 at the European Hematology Association EHA 2024 Hybrid Congress. The data from INB-100 demonstrated that 100% of evaluable leukemia patients remained alive, progression-free, and in durable CR through one year as of May 31. Historically, published data demonstrated that up to ~50% of patients with hematologic malignancies undergoing HSCT with reduced intensity conditioning elapse by one year and often succumb to the disease shortly thereafter. Two of the patients treated with INB-100 remain alive and relapse free for over three and a half years, and a third patient is now nearing three years. Furthermore, INB-100 has demonstrated for the first time, the in vivo expansion and persistence of a haplo-matched allogeneic, or donor-derived, cellular therapy at 365 days, with blood levels of gamma-delta T cells surpassing levels previously associated with greater survival."These data demonstrate the potential of allogeneic INB-100 gamma-delta T cells to provide durable relapse-free periods for patients with high-risk or relapsed AML and other hematologic malignancies undergoing HSCT," said Trishna Goswami, MD, Chief Medical Officer of IN8bio.
TFX

Hot Stocks

15:41 EDT Teleflex recalls catheter kits due to overtwisting risk - Teleflex and its subsidiary Arrow International are recalling the Arrow FiberOptix Intra-Aortic Balloon Catheter Kit and Arrow UltraFlex Intra-Aortic Balloon Catheter Kits after finding that a manufacturing error may cause the catheter's balloon to become overtwisted. The issue can sometimes be identified visually, but a device may still be impacted even if the issue cannot be detected visually and all mitigations outlined in this recall should be followed. This issue may: prevent the balloon from fully inflating, cause blood to back up in the tubing, allow helium to leak, and lead to catheter damage or insertion difficulty during use. Use of this device may cause serious injury, including blood loss, tearing in the artery, unstable blood pressure, prevention of blood flow to the heart, or death. Teleflex/Arrow International reports 322 complaints. A total of 31 injuries and 3 deaths have been reported potentially related to this issue. The company said 16,959 of such devices are being recalled in the U.S.
NXL

Hot Stocks

15:32 EDT Nexalin Technology announces Brazilian regulatory approval to sell Gen-2 device - Nexalin Technology announced that its second generation, 15 milliamp neurostimulation device has been granted regulatory approval by the Brazilian Health Regulatory Agency, a regulatory body of the Brazilian government responsible for approving new drugs and medical devices. Mark White, CEO of Nexalin Technology, stated, "We are pleased to announce approval to sell our Gen-2 neurostimulation device in Brazil, which represents our second regulatory approval outside of China since the start of this year. Brazil is an important market as it represents the 9th largest economy in the world with a population in excess of 215 million. Among this population, more than 35 million are afflicted with mental health disorders. Moreover, this approval is an important springboard into other markets within South America. We are rapidly advancing discussions with a key distributor in this market and look forward to providing further updates."
META

Hot Stocks

14:53 EDT Meta's WhatsApp updates video calling experience up to 32 people - "Since we brought Calling to WhatsApp back in 2015, we've continued to improve it with the introduction of group calls, video calls, and multi-platform support. Today we have several updates that will make calls across your devices even bigger and better, rolling out over the next few weeks: Screen sharing with audio: Ideal for watching videos together, now when you share your screen, you can share your audio too; More participants: Now you can have up to 32 people on a video call across all your devices; Speaker spotlight: Easily see who's talking with the speaker automatically highlighted and appearing first on screen," blogged the instant messaging app, in part, earlier on Thursday. Reference Link
CRDL

Hot Stocks

14:40 EDT Cardiol Therapeutics shares fall after primary endpoint data from MAvERIC-Pilot - Cardiol Therapeutics reported 8-week clinical data from its Phase II open-label MAvERIC-Pilot study investigating the impact of CardiolRx administered to patients with symptomatic recurrent pericarditis. The data showed a substantial reduction in the primary efficacy endpoint of patient-reported pericarditis pain at the end of the 8-week treatment period TP, as well as normalization of inflammation - as measured by C-reactive protein CRP - in 80% of patients with elevated CRP at baseline. "We are delighted to share the primary endpoint data from the MAvERIC-Pilot study, demonstrating that oral administration of our small molecule CardiolRx ed to marked reductions in pericarditis pain and inflammation, which were remarkably comparable in magnitude to the changes reported following immunosuppressive biologic therapy commonly used in third-line treatment of recurrent pericarditis," said David Elsley, Cardiol Therapeutics' President and Chief Executive Officer. "Based on the clinically meaningful impact of CardiolRx on the key symptom of this debilitating disease, we now anticipate that the totality of the MAvERIC-Pilot data will support advancing to a Phase III trial of CardiolRx designed to meet our objective of providing a more accessible and non-immunosuppressive therapy option for thousands of pericarditis patients."
OXY

Hot Stocks

14:24 EDT Occidental Petroleum holder Warren Buffett buys over $105M in shares - Occidental Petroleum holder Warren Buffett purchased 1,750,308 shares of company stock at $60.30 per share between June 10 and June 12 for a total transaction amount of $105,550,574.
NFLX...

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14:13 EDT Netflix reaching out to broadcasters for NFL game production partner, CNBC says - Netflix (NFLX) has been reaching out to broadcasters this week to find a partner to produce the two NFL games the streaming giant will air on Christmas Day this year, people familiar with the matter told CNBC's Lillian Rizzo and Alex Sherman. Netflix has been in touch with the broadcasters that currently air NFL games, including Disney's (DIS) ESPN, Comcast's (CMCSA) NBCUniversal and Paramount Global's (PARA) CBS Sports, the sources said. Reference Link
TSN

Hot Stocks

13:43 EDT Tyson confirms suspension of CFO following alleged DWI arrest - Tyson Foods said in a statement: "We are aware that John Randal Tyson, Chief Financial Officer of Tyson Foods, was arrested for an alleged DWI. Tyson Foods has suspended Mr. Tyson from his duties effective immediately and named Curt Calaway as interim Chief Financial Officer." Reference Link
ORCL

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13:16 EDT U.S. Department of Veterans Affairs extends Oracle EHR modernization contract - Oracle and the U.S. Department of Veterans Affairs will continue to work together to deliver a modern electronic healthcare record solution that provides a secure and interoperable medical record for our nation's veterans. The go-live of the joint Department of Defense and VA EHR system at the Captain James A. Lovell Federal Health Care Center capped the five-year project of delivering the federal EHR system to the DOD. The EHR system, known as MHS GENESIS, is now live at 3,890 garrison facilities with over 197,200 end-users serving more than 9.5 million beneficiaries spanning the United States, Europe, and the Asia Pacific region. This is the same EHR system being used by VA, and will provide service members with a single, longitudinal health record from enlistment through life-long care at VA.
MSFT...

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13:09 EDT Xbox's 'Sea of Thieves' most downloaded PS5 game in May in U.S., EU, Canada - Sony (SONY) said that the most downloaded game for PlayStation 5 on the PS Store for the month of May in the EU, U.S., and Canada was Microsoft's (MSFT) "Sea of Thieves." The Fly notes that "Sea of Thieves" was originally an Xbox console exclusive when it released in 2018, but was ported to PlayStation this past April. Other top-downloaded games on the PS Store for the PS5 in May in the EU, U.S., and Canada were Electronic Arts' (EA) "Madden NFL 24" and "F1 24," Take-Two's "Grand Theft Auto V," Take-Two's (TTWO) "NBA 2K24" and "Grand Theft Auto V," Activision's "Call of Duty: Modern Warfare III," and Ubisoft's (UBSFY) "Assassin's Creed Mirage." Reference Link
LMFA

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12:44 EDT LM Funding America trading resumes
LMFA

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12:39 EDT LM Funding America trading halted, volatility trading pause
SPIR TCSFY

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12:25 EDT Spire, Thales, ESSP to develop space-based air traffic surveillance service - Spire Global (SPIR), Thales (TCSFY), and European Satellite Services Provider announced earlier that they have signed a Memorandum of Cooperation with the goal of introducing a range of global satellite-based surveillance services to the air traffic management industry and broader aviation market. These services will be powered by a specialized constellation of over 100 satellites collecting Automatic Dependent Surveillance-Broadcast messages broadcast from aircraft and transmitting the data back to Earth in real time, the companies said. Spire will develop the space segment, including system design, building the satellites and payloads, ground control and data collection. Thales will provision the ground air traffic management system and the service supervision infrastructure. ESSP will manage the certification and the delivery of the service for air traffic surveillance purposes and perform H24 operation and supervision, ensuring the compliance with real-time, safety-critical requirements imposed to ATC. The partners will also rely on the Space Alliance* formed by Thales Alenia Space and Telespazio, to identify and implement possible synergies bringing further added value in terms of key-enabling technologies, secured network optimization and sustainable operations and services. The partners plan to certify, commercialize and start the operation of the service by 2027.
PTON

Hot Stocks

12:11 EDT Peloton instructor Kendall Toole announces departure from company - Peloton instructor Kendall Toole announced in a Reel on Instagram on Thursday that she is leaving the company after nearly five years. "It's with great consideration and many, many, many hours of reflection, but I'm choosing to close my chapter at Peloton," said Toole, who leads cycling, boxing and strength workouts on the platform. Shares of Peloton are down nearly 5% at midday to $3.69. Reference Link
PBHC

Hot Stocks

12:04 EDT Pathfinder receives regulatory approvals for Berkshire branch acquisition - Pathfinder Bank has received the required regulatory agency approvals from both the New York State Department of Financial Services and the Federal Deposit Insurance Corporation to complete its pending acquisition of the East Syracuse, New York branch of Berkshire Bank, Pittsfield, MA located on 6611 Manlius Center Road. The purchase and assumption agreement provides for the transfer by Berkshire Bank to Pathfinder of the facility and other associated assets of the branch, approximately $198 million in deposits, and certain consumer and residential loans with outstanding balances of approximately $32 million. Pathfinder expects the acquisition to generate a favorable internal rate of return and attractive earnings per share accretion, all within a reasonable tangible book value earn back period. The parties expect to close on the purchase and assumption agreement in the third quarter of 2024, at which point Berkshire's East Syracuse branch will be fully converted to operate as a Pathfinder Bank branch office.
SUPV

Hot Stocks

12:04 EDT Grupo Supervielle rises 10.7% - Grupo Supervielle is up 10.7%, or 70c to $7.26.
WLY

Hot Stocks

12:03 EDT Wiley rises 12.8% - Wiley is up 12.8%, or $4.66 to $41.14.
BNED

Hot Stocks

12:03 EDT Barnes & Noble Education rises 17.1% - Barnes & Noble Education is up 17.1%, or $1.20 to $8.19.
INTU

Hot Stocks

12:02 EDT Intuit to acquire technology from Zendrive; terms not disclosed - Intuit announced that it has signed an agreement to acquire technology from mobility risk intelligence provider Zendrive. Certain Zendrive employees, including CEO Dennis Ellis and Co-founder and CTO Pankaj Risbood, will join Credit Karma to accelerate innovation and adoption of its usage-based auto insurance product, Karma Drive. Intuit expects to close the transaction in Q4 FY24. Terms of the deal weren't disclosed.
SIG

Hot Stocks

12:02 EDT Signet Jewelers falls -15.5% - Signet Jewelers is down -15.5%, or -$16.77 to $91.65.
JILL

Hot Stocks

12:01 EDT J.Jill falls -18.9% - J.Jill is down -18.9%, or -$7.48 to $32.07.
ZKH

Hot Stocks

12:00 EDT ZKH Group falls -36.9% - ZKH Group is down -36.9%, or -$2.12 to $3.62.
SIG

Hot Stocks

11:56 EDT Signet sinks after saying heightened discounting may pressure margins - Signet Jewelers said on its earnings call that while it reaffirmed 2024 guidance, there are potential impacts it is watching." The company explained "First, the potential early redemption of further outstanding preferred shares may lower our diluted share count and reduce our preferred dividends this year, both of which would boost our adjusted diluted EPS. Second, heightened competitive discounting may pressure margins into the back half more than we expected at the beginning of the year. We are monitoring the potential impact of this discounting to our gross margins for the full year, while we work to mitigate that impact in the second half of fiscal '25 through assortment architecture and balanced promotional strategies." Shares of Signet are sinking 15%, or $16.71, to $91.71 in midday trading.
JJSF

Hot Stocks

11:56 EDT J & J Snack Foods enters long-term partnership wih Slick City - J&J Snack Foods Corp. announced a long-term partnership with Slick City. The partnership will bring J&J Snack Foods' brands Dippin' Dots, Hola! Churros, SUPERPRETZEL, and ICEE to Slick City locations nationwide. The brands are available now at all open Slick City locations in Denver, CO, St. Louis, MO, Katy, TX, and the new Peoria, AZ location. The full snack portfolio will be available at four new Slick City locations in Denton, TX, North Aurora, IL, Wauwatosa, WI and Houston, TX as they continue to open throughout the year.
URGN

Hot Stocks

11:15 EDT UroGen Pharma trading resumes
ASPI

Hot Stocks

11:00 EDT ASP Isotopes appoints Heather Kiessling as CFO - ASP Isotopes announced the appointment of Heather Kiessling as its Chief Financial Officer, effective as of July 1, or such earlier date as may be mutually agreed, to support the company's next pivotal phase of growth. Robert Ainscow, who currently serves as the company's CFO and Chief Operating Officer, will continue to serve as the company's COO, enabling him to focus his full time and attention on the company's operations and strategic initiatives, ASP Isotopes stated. Ms. Kiessling has joined the company from Danforth Advisors LLC, a life science financial strategy consultancy, where she has been providing consulting and advisory services to ASP Isotopes since November 2021. "We have been laser-focused on cost management since the Company's inception and have outsourced many roles. As the company progresses from being a pre-commercial company to a company generating revenues, we require greater financial infrastructure," said Paul Mann, Executive Chairman and Chief Executive Officer of ASP Isotopes.
UBER TMUS

Hot Stocks

10:57 EDT Uber, T-Mobile announce advertising partnership - Uber's (UBER) advertising division announced an exclusive partnership with T-Mobile Advertising Solutions (TMUS) and its rideshare media network - Octopus Interactive - which Uber says "features the largest national network of interactive video screens inside rideshare vehicles." The companies stated: "Through this partnership, Uber will leverage a portion of T-Mobile's rideshare inventory to expand Uber's JourneyTV offering to over 50,000 vehicles across the US this year, providing advertisers an entirely new opportunity to connect with Uber riders when they're most likely to engage. As part of the partnership, T-Mobile screens will display Uber's JourneyTV rider experience when an Uber trip is underway. JourneyTV shows a live trip map with ETA until drop off, personalized recommendations on restaurants near the trip destination, travel inspiration ideas and local activities to enjoy, as well as highly relevant video, interactive and other ads driven by Uber's first party data insights. "
URGN

Hot Stocks

10:53 EDT UroGen Pharma to resume trading at 11:15 am ET - UroGen Pharma shares are scheduled to resume trading at 11:15 am ET, with quotation set to resume at 11:10 am ET, according to Nasdaq. Shares had been halted, pending news, ahead of the company announcing 82.3% 12-month duration of response data by Kaplan-Meier estimate from its Phase 3 ENVISION trial in patients who achieved complete response at three months after the first instillation of investigational drug UGN-102 for intravesical solution.
URGN

Hot Stocks

10:48 EDT UroGen reports 82.3% 12-month duration of response data from Phase 3 trial - UroGen Pharma announced 82.3% 12-month duration of response data by Kaplan-Meier estimate from its Phase 3 ENVISION trial in patients who achieved complete response at three months after the first instillation of investigational drug UGN-102 for intravesical solution. The ENVISION trial previously met its primary endpoint by demonstrating that patients treated with UGN-102 had a 79.6% CR rate at three months following the first instillation of UGN-102. The ENVISION Phase 3 study is investigating UGN-102 in patients with low-grade intermediate-risk non-muscle invasive bladder cancer. In addition to the 12-month data, the DOR Kaplan Meier estimates at 15 and 18 months were both 80.9%. "UGN-102 has demonstrated a strong clinical profile across multiple trials, with these latest results of 79.6% three-month complete response rate and 82.3% DOR at 12 months reinforcing its potential to be the first FDA-approved non-surgical option for treatment of LG-IR-NMIBC," said Liz Barrett, President and Chief Executive Officer of UroGen. "We estimate 82,000 patients suffer from this highly recurrent disease in the U.S. each year and may benefit from an innovative approach to treating their disease." The most common treatment-emergent adverse events in the ENVISION trial were dysuria, hematuria, urinary tract infection, pollakiuria, fatigue, and urinary retention. TEAEs were typically mild-to-moderate in severity. The ENVISION trial demonstrated a similar safety profile to that observed in other studies of UGN-102.
URGN

Hot Stocks

10:40 EDT UroGen Pharma trading halted, news pending
SUPV

Hot Stocks

10:05 EDT Grupo Supervielle rises 9.5% - Grupo Supervielle is up 9.5%, or 62c to $7.18.
WLY

Hot Stocks

10:04 EDT Wiley rises 15.3% - Wiley is up 15.3%, or $5.59 to $42.07.
VNDA

Hot Stocks

10:04 EDT Vanda Pharmaceuticals confirms receipt of takeover proposal from Future Pak - Vanda Pharmaceuticals confirmed that it has received a revised unsolicited proposal from Future Pak to acquire Vanda for $8.50-$9.00 per share in cash plus certain Contingent Value Rights. Consistent with its fiduciary duties, and in consultation with its financial and legal advisors, Vanda's Board will carefully review and evaluate the revised, non-binding proposal to determine the course of action that it believes is in the best interests of the Company and its shareholders. Vanda does not intend to comment further on the revised, non-binding proposal before the Board has completed its review. There is no action for shareholders to take at this time.
EPAM

Hot Stocks

10:03 EDT Epam Systems acquires health data analytics company Odysseus Data - EPAM Systems announced its acquisition of Odysseus Data Services, Inc., a health data analytics company. Odysseus will expand EPAM's ability to transform the life sciences value chain through advanced data analytics, data methods and artificial intelligence. "We are pleased to have Odysseus join EPAM. With their strong capabilities in Real-World Evidence and Real-World Data - the 'glue' between multiple segments of the life sciences value chain - our natural synergies make this an exciting time to add this to our portfolio to help our clients achieve better outcomes," said Greg Killian, Senior Vice President of Life Sciences at EPAM.
BNED

Hot Stocks

10:03 EDT Barnes & Noble Education rises 17.3% - Barnes & Noble Education is up 17.3%, or $1.21 to $8.20.
AGCO

Hot Stocks

10:02 EDT Agco dealership launches same-day parts delivery service - Agco announced the launch of AgRevolution's same-day delivery service for machinery parts. AgRevolution, an Agco-owned, full-line agricultural equipment dealer operating in Kentucky, Illinois and Indiana, now offers farmers same-day delivery in as little as two hours for in-stock parts.
GFI

Hot Stocks

10:02 EDT Gold Fields falls -10.4% - Gold Fields is down -10.4%, or -$1.65 to $14.20.
ZKH

Hot Stocks

10:01 EDT ZKH Group falls -18.6% - ZKH Group is down -18.6%, or -$1.07 to $4.67.
JILL

Hot Stocks

10:00 EDT J.Jill falls -18.8% - J.Jill is down -18.8%, or -$7.44 to $32.11.
GFI

Hot Stocks

09:51 EDT Gold Fields falls -7.9% - Gold Fields is down -7.9%, or -$1.25 to $14.59.
ZKH

Hot Stocks

09:50 EDT ZKH Group falls -9.6% - ZKH Group is down -9.6%, or -55c to $5.19.
JILL

Hot Stocks

09:49 EDT J.Jill falls -16.9% - J.Jill is down -16.9%, or -$6.67 to $32.88.
CURV

Hot Stocks

09:48 EDT Torrid rises 8.9% - Torrid is up 8.9%, or 58c to $7.18.
SUPV

Hot Stocks

09:48 EDT Grupo Supervielle rises 10.1% - Grupo Supervielle is up 10.1%, or 66c to $7.22.
WLY

Hot Stocks

09:47 EDT Wiley rises 18.4% - Wiley is up 18.4%, or $6.71 to $43.19.
KSCP

Hot Stocks

09:36 EDT Knightscope announces U.S. bank subscribes to K5 ASR service - Knightscope announces that a top-50 US bank executed an agreement subscribing to Knightscope's K5 Autonomous Security Robot service. The initial deployment will take place at one of its Kansas City locations.
BURU

Hot Stocks

09:35 EDT Nuburu Inc trading halted, news pending
MULN

Hot Stocks

09:34 EDT Bollinger Motors to sell 80 B4 chassis cabs to Momentum Groups - Bollinger Motors has reached an agreement to sell 80 all-electric Class 4 commercial trucks to Momentum. Momentum Groups can upfit the Bollinger B4 Chassis Cab with mobile EV chargers, a box truck, flatbed, service body or stake truck. Momentum Groups' strength is in their full-service national fleet program, and mobile or permanent charging infrastructure for Electric Vehicles. Momentum will take possession of the vehicles after Bollinger Motors launches production in the second half of 2024.
COSM

Hot Stocks

09:32 EDT Cosmos Holdings completes acquisition of Pelofarm's distribution network - Cosmos Health announced the closing of the acquisition of the pharmacy distribution network owned by PELOFARM. This strategic bolt-on transaction, through the Company's wholly-owned subsidiary CosmoFarm Pharmaceuticals, entails the acquisition of Pelofarm's sales and distribution network, which currently serves more than 30 well-established pharmacies in Arcadia and surrounding areas in the central Peloponnese. Additionally, CosmoFarm is well-positioned to expand its reach to at least 20 more pharmacies in the region, leveraging enhanced service capabilities and synergies to ensure superior customer service. Entering Arcadia marks a new territory for CosmoFarm, which currently focuses on the greater Athens market with its modern, state-of-the-art, 2,800-square-meter facility utilizing the most advanced technological systems such as A-Frame and ROWA, enabling automated procurement, inventory management, and order execution with speed and accuracy. The addition of Pelofarm's network is anticipated to increase the Company's annual revenue by at least $5 million.
NFG

Hot Stocks

09:31 EDT National Fuel increases quarterly dividend 4% to 51.5c per share - The National Fuel Gas Company Board of Directors approved a 4.0% increase in the dividend on the Company's common stock, raising the quarterly rate from 49.5 cents per share as approved in June 2023 to 51.5 cents per share for an annual rate of $2.06 per share.
CNVS

Hot Stocks

09:31 EDT Cineverse passes 10M YouTube subscribers - Cineverse announced that it has passed 10M subscribers to its fandom-focused YouTube channels.
REVB

Hot Stocks

09:26 EDT Revelation Biosciences completes enrollment in Gemini study - Revelation Biosciences announced that it has completed enrollment and dosing of its first in human Phase 1 clinical study. The study, which was conducted in Australia, evaluated escalating doses of intravenously administered Gemini and enrolled 40 healthy individuals 18 to 55 years of age. The forthcoming top-line data will include primary end points of safety and tolerability along with exploratory endpoints including multiple biomarkers of activity to demonstrate stimulation of the innate immune response. If positive, the data from this Phase 1 clinical study will support future program development of Gemini across multiple indications.
ZAPP

Hot Stocks

09:26 EDT Zapp to appoint contract manufacturing partner for sales of i300 in India - Zapp Electric Vehicles Group signed a memorandum of understanding and intends to appoint Bounce Electric 1 Private as its contract manufacturing partner for sales of the i300 in India. Accel-backed Bounce already operates a domestic vehicle assembly facility and may further assist with distribution of i300 in the country. The parties intend for Bounce to provide the necessary support for homologation in India while Zapp continues working toward commercial rollout and first customer deliveries of the i300 in Europe and Thailand in summer 2024. Zapp utilises an asset-light and capital efficient business model, enabled by its contract manufacturing partnerships, which are expected to provide sufficient capacity to quickly scale production without incurring significant capital expenditures. This capital-efficient financing structure, together with its asset-light production requirements, positions Zapp to achieve positive free cash flow in a shorter time frame compared to other four- and two-wheel electric vehicle peers.
LBTYA WBD

Hot Stocks

09:25 EDT Liberty Global to acquire shares in Formula E from Warner Bros. Discovery - Liberty Global (LBTYA) announced it is to acquire shares held by Warner Bros. Discovery (WBD) in the electric car racing series Formula E. The acquisition of shares held by Warner Bros. Discovery will, on completion, bring Liberty Global's total share of ownership in Formula E to 65% and mean that Liberty Global will take a controlling interest in the motorsport.
WRK

Hot Stocks

09:24 EDT WestRock stockholders approves combination with Smurfit Kappa - WestRock announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group and WestRock at WestRock's Special Meeting of Stockholders held earlier today. Pursuant to the terms of the Transaction Agreement entered into on September 12 Smurfit WestRock will acquire Smurfit Kappa by means of a scheme of arrangement under the Companies Act 2014 of Ireland and Sun Merger Sub a wholly owned subsidiary of Smurfit WestRock, will merge with and into WestRock with WestRock surviving the Merger and becoming a wholly owned subsidiary of Smurfit WestRock. If the Merger contemplated by the Transaction Agreement is completed, the common stockholders of WestRock will receive one new Smurfit WestRock share and $5.00 in cash for each share of common stock of WestRock. Completion of the Combination remains subject to certain conditions, as described in the Transaction Agreement.
GCTK

Hot Stocks

09:21 EDT GlucoTrack completes preclinical study of epidural glucose monitoring sensor - Glucotrack announced that its implantable continuous glucose monitor has completed a 60-day long-term preclinical study demonstrating the feasibility of glucose monitoring in the epidural space. The Glucotrack sensor, implanted in the epidural space of animals, closely tracked glucose values from both a commercially available blood glucose monitor and a subcutaneous continuous glucose monitor throughout the 60-day period. No abnormal clinical signs were observed throughout the study period, and no abnormal findings were observed in the spinal cord or surrounding tissues during post-explant analysis. The study also confirmed that the implanted sensor did not cause any delayed latent effects over the long-term period, which is particularly important as a complete healing process in animal studies with implanted devices may take several weeks. Glucotrack previously announced interim performance and safety results from this long-term animal study assessing sustained epidural glucose monitoring performance. With the completion of this study, the durability of the epidural approach for continuous glucose monitoring has now been confirmed over the 60-day period.
KN

Hot Stocks

09:20 EDT Knowles and Audiodo collaborate on immersive listening with TWS earbuds - Knowles Corporation announced a collaboration with Audiodo, a personalized sound optimization technology. Knowles balanced armature drivers and Audiodo's sound personalization technology integrate seamlessly to enable manufacturers of over-the-counter hearing aids and true wireless stereo earbuds, like Meizu's new LIVE AI Noise Cancelling Hi-Fi Earbuds, to achieve customized, high-fidelity listening experiences. According to a recent audio research study, hearing personalization ranks among the top motivators of TWS purchases, with 60 percent of prospective buyers noting that it impacts their purchasing decisions. Hearing personalization enhances the listening experience by allowing users to tailor their sound output to their individual hearing abilities and preferences, allowing them to hear the full range of sound from their audio devices.
MULN

Hot Stocks

09:19 EDT Mullen's Bollinger Motors receives $13.2M sales order - Mullen Automotive announces that its subsidiary, Bollinger Motors, has reached an agreement to sell 80 all-electric Class 4 commercial trucks for a sales order of $13.2 million to Momentum Groups. Momentum Groups can upfit the Bollinger B4 Chassis Cab with mobile EV chargers, a box truck, flatbed, service body or stake truck. Momentum Groups' strength is in its full-service national fleet program and mobile or permanent charging infrastructure for electric vehicles. Momentum will take possession of the vehicles after Bollinger Motors launches production in the second half of 2024.
TCLAF

Hot Stocks

09:18 EDT Transcontinental announces implementation of normal course issuer bid plan - Transcontinental has been authorized to purchase for cancellation on the open market, between June 17, 2024 and June 16, 2025, up to 3,662,967 of its Class A Subordinate Voting Shares and up to 668,241 of its Class B Shares, representing approximately 5% of the 73,259,342 issued and outstanding Class A Subordinate Voting Shares and of the 13,364,828 issued and outstanding Class B Shares as of June 3, 2024. The average daily trading volume on the Toronto Stock Exchange of Class A Subordinate Voting Shares for the past six months was 171 816 and the average daily trading volume on the Toronto Stock Exchange of Class B Shares for the past six months was 283. In accordance with the Toronto Stock Exchange requirements, a maximum daily purchase of the greater of 25% of these averages or 1,000 shares may be made, which represent a total of 42 954 Class A subordinate Voting Shares and a total of 1,000 Class B Shares. The purchases will be made in the normal course of business at market prices through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems in accordance with the requirements of the exchange, and/or subject to the approval of any securities authority by private agreements. If applicable, purchases through private agreements will be executed at a price that is less than the prevailing market price on the Toronto Stock Exchange at the time of the purchase. The Corporation believes that the purchase of the Class A subordinate Voting Shares and Class B Shares would constitute an appropriate and desirable use of its funds to increase long-term shareholder value. The last normal course issuer bid, in effect from October 3, 2022 until October 2, 2023, covered a maximum of 1,000,000 Class A Subordinate Voting Shares and 191,343 Class B Shares. During the last normal course issuer bid, the Corporation acquired no Class A Subordinate Voting Shares and no Class B Shares. In the last 12 months, no shares were acquired. In connection with the program, the Corporation established an automatic securities purchase plan to provide standard instructions regarding how the Corporation's shares are to be repurchased under the program. Accordingly, the Corporation may repurchase its shares under the automatic plan on any trading day during the program including during self-imposed trading blackout periods. The automatic plan will commence and should terminate together with the program. It constitutes an "automatic plan" for purposes of applicable Canadian securities legislation and has been reviewed by the Toronto Stock Exchange.
FBIN

Hot Stocks

09:11 EDT Fortune Brands acquires minority stake in Value Hybrid for cLOTO solutions - Fortune Brands Innovations announced it has acquired a minority stake and entered into a strategic partnership with Value Hybrid Globa, a software and SaaS startup focused on the delivery of connected lockout tagout or cLOTO solutions. This partnership will expedite Master Lock's ability to bring to market new and innovative products in the emerging field of cLOTO, and expand its presence in commercial safety solutions. Fortune Brands Chief Executive Officer Nicholas Fink said, "Connected lockout tagout is a significant opportunity for Fortune Brands. It is an attractive, emerging field that we are well positioned to lead in, given our highly recognized Master Lock brand, lockout tagout expertise, channel strength and commitment to invest in our highest-growth opportunities, which includes our expanding portfolio of connected products. We are excited to be partnering with Value Hybrid and bringing to market a best-in-class connected solution that will help to increase safety, improve efficiency, and enhance compliance, which impacts millions of people across the globe." Fortune Brands and Value Hybrid are uniquely situated to transform workplaces from mechanical to connected LOTO and expand the market for these solutions worldwide.
BLZE

Hot Stocks

09:11 EDT Backblaze partners with Coalition to elevate cyber risk protection, compliance - Backblaze announced a new partnership with Active Cyber Insurance provider Coalition to help businesses proactively reduce their cyber risk. The partnership provides Coalition's customers with direct access to Backblaze Computer Backup, an enterprise-grade, unlimited, and automatic endpoint backup solution, via the Coalition Control cyber risk management platform.
APDN

Hot Stocks

09:10 EDT Applied DNA Sciences receives approval for TR8 PGx teging service - Applied DNA Sciences announced that the New York State Department of Health approved the Company's TR8 PGx pharmacogenomic testing service. The Company is currently in discussions to provide large-scale testing to enterprise customers, healthcare networks, and concierge physicians seeking to add PGx testing to their test menu. Applied DNA's clinical laboratory subsidiary, Applied DNA Clinical Labs, is launching its PGx testing service to help guide healthcare providers to administer a wide range of medications relevant to cardiovascular, oncology, psychiatric, infectious disease, and pain management treatments based on a patient's unique genetics. The service is available by prescription only and will initially target the patient population of New York State. The TR8 PGx test analyzes 120 genetic targets across more than 30 genes to inform a healthcare provider how a patient may respond to a wide range of medications used to treat a variety of conditions, such as cardiovascular, oncology, psychiatric, and pain management. The test is administered via a simple cheek swab.
ASTC

Hot Stocks

09:09 EDT Astrotech's Aglab announces joint effort with SC Labs - AgLAB, a subsidiary of Astrotech Corporation, and SC Labs announced that the companies will be jointly marketing the AgLAB 1000-D2 mass spectrometer and the AgLAB Maximum Value Process testing method, to SC Labs customers. This comes with the companies entering into a master lease agreement. "We are thrilled to announce the agreement between AgLAB and SC Labs. Working together, SC Labs' customers gain access to our AgLAB MVP solution for use directly in their production facilities. We anticipate the AgLAB MVP method will improve customers ending-weight yields by an average of 20%, and these gains should go directly to their bottom line," stated Thomas Pickens III, CEO and CTO of Astrotech.
VYNE

Hot Stocks

09:08 EDT VYNE Therapeutics announces dosing of first patients in Phase 1a trial of VYN202 - VYNE Therapeutics announced that the first healthy volunteers have been dosed in the Phase 1a trial of VYN202. VYN202 is an oral small molecule BD2-selective bromodomain and extra-terminal domain inhibitor that is being developed for the treatment of immuno-inflammatory diseases. Top-line data are expected in the second half of 2024. The Phase 1a trial is a first-in-human double-blind, placebo-controlled study in healthy volunteers and consists of single ascending dose and multiple ascending dose components. The trial is currently expected to enroll approximately 64 healthy adult subjects into five SAD and three MAD cohorts to evaluate the safety, tolerability, pharmacokinetics and pharmacodynamics of VYN202.
SCLX

Hot Stocks

09:08 EDT Scilex to present poster on ELYXYB at AHS meeting - Scilex announced it will be presenting a poster on ELYXYB at the 66th Annual Scientific Meeting of the American Headache Society, AHS, to be held in San Diego, CA on June 13-16, 2024. The poster presentation will describe the efficacy of celecoxib oral solution in participants with insufficient response to triptans for the acute treatment of migraine: pooled results from a post hoc analysis of two Phase 3 randomized clinical trials. Key highlights of the ELYXYB presentation: Efficacy of celecoxib oral solution in participants with insufficient response to triptans for the acute treatment of migraine: pooled results from a post-hoc analysis of two Phase 3 randomized clinical trials. In a post-hoc analysis of two Phase 3 randomized clinical trials, the efficacy of ELYXYB was compared with placebo in patients who were previously treated with triptans. In patients who had an insufficient response to triptans, significantly more patients in the ELYXYB-treated arm achieved 2-hour pain freedom than placebo. The likelihood of achieving pain freedom was 200% greater with ELYXYB than with placebo.
CARR

Hot Stocks

09:07 EDT Carrier Global's climate and net zero targets validated by SBTi - Carrier Global's greenhouse gas emission reduction goals, including a target to reach net-zero greenhouse gas emissions by 2050, have been validated by the Science Based Targets initiative, or SBTi. A corporate climate action organization, SBTi enables companies and financial institutions worldwide to play their part in combating the climate crisis. SBTi's Target Validation Team has validated Carrier's near- and long-term greenhouse gas emission reduction goals as in line with a trajectory to limit global warming to 1.5 degrees C. Carrier's specific SBTi-validated targets are: reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year; reduce absolute scope 3 GHG emissions 25% within the same timeframe; reach net-zero greenhouse gas emissions across the value chain by 2050.
LPLA

Hot Stocks

09:07 EDT LPL Financial: 1818 Wealth joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisors Stephen Shevlin and Jonathan Joelner, MBA, have joined LPL Financial's broker-dealer, RIA and custodial platforms to launch a new independent practice, 1818 Wealth Management. The team reported having served approximately $300 million in advisory, brokerage and retirement plan assets*and joins LPL from Stifel, Nicolaus and Co. Based in Swansea, Ill. Shevlin and Joelner have worked together for nearly 10 years and have a combined 50 years of industry experience between them. The advisors take a people-first approach to serving a wide range of clients in approximately 30 states. Their new brand speaks to both advisors' pride in their home state, as Illinois officially joined the Union as the 21st state in 1818.
CHPT

Hot Stocks

09:07 EDT ChargePoint, PCNA partner on Porsche Charging Service integration - ChargePoint and Porsche Cars North America, or PCNA, announced an agreement which will enable PCNA access to the ChargePoint network within the Porsche Charging Service. The collaboration will increase the number of chargers available to Porsche customers to more than 100,000 across North America.
WSM

Hot Stocks

09:07 EDT Williams-Sonoma dividend adjusted to 57c per share on post split basis - Williams-Sonoma announced that its Board of Directors has declared a quarterly cash dividend of $1.14 per share of common stock. Each stockholder of record on July 19 will be paid the cash dividend on August 23. As a result of the company's stock split also announced the cash dividend will be adjusted from $1.14 per share to 57c per share of common stock on a post-split basis prior to payment
WBUY

Hot Stocks

09:06 EDT Webuy launches health supplement brand NEONE - Webuy Global announced its entry into the nutraceutical and longevity markets with the launch of NEONE, a premium health supplement brand committed to delivering high-quality nutritional supplements and health products. NEONE is a flagship brand exclusively developed by the Company and marks its strategic entry into the high-margin, multi-billion-dollar nutraceutical and longevity markets. The brand focuses on delivering the best health solutions to consumers through rigorous scientific research and innovation, ensuring the highest standards of quality, efficacy, and safety. NEONE offers a range of advanced health supplements that stand out for their high purity and potency. These supplements are designed to address issues such as fatigue, insomnia, and stress, with a particular focus on anti-aging and cellular health. NEONE NMN supplements provide targeted benefits for those looking to enhance their overall well-being and vitality. The NEONE NMN product contains nicotinamide, a form of Vitamin B3, which has been shown to support cellular energy production, improve mitochondrial function, and promote longevity. Clinical studies suggest that nicotinamide may help reduce the effects of aging, improve cognitive function, and enhance physical endurance.
SHIP

Hot Stocks

09:06 EDT Seanergy Marine announces successful delivery of Japanese Capesize vessel - Seanergy Maritime Holdings announced the delivery of a previously-announced Capesize vessel acquisition, the M/V Iconship, and the simultaneous commencement of its time charter employment. The Vessel is a 181,392 dwt Capesize bulk carrier, built in 2013 by Imabari Shipbuilding in Japan. Stamatis Tsantanis, the Company's Chairman & Chief Executive Officer, stated: "We are pleased to announce the addition of another high-quality Japanese Capesize vessel to our Company, further enhancing our presence in the sector and reaffirming our commitment to growing our fleet. We are also very pleased with the initiation of our commercial relationship with a quality operator like Costamare on the back of period employment contracts for the M/Vs Iconship and Lordship."
TMUS

Hot Stocks

09:05 EDT T-Mobile awarded $2.67B Navy contract - T-Mobile announced that it was chosen as a wireless solutions provider by the U.S. Department of the Navy as part of the $2.67B Spiral 4 contract. This new contract will give all Department of Defense agencies the ability to place orders for wireless services and equipment from T-Mobile for the next ten years. With Spiral 4, the Department of Defense will have the opportunity to leverage T-Mobile's 5G network for solutions that meet the evolving needs of government operations. The multiple-award contract includes voice, data, fixed wireless solutions, Internet of Things and mobility management solutions. It will help ensure robust and reliable connectivity for government activities - from mission critical communications to network solutions that serve military personnel and federal civilian agencies.
UBER

Hot Stocks

09:05 EDT RedCap by Solera selects Uber for Business - Uber for Business, Uber's enterprise arm, announced it is now the exclusive rideshare solution for RedCap by Solera. The new rideshare integration enables RedCap customers to arrange on-demand rides through Uber for Business. In addition to rideshare, RedCap customers can request parts deliveries via Uber Direct, Uber's on-demand local delivery solution. Uber is the only platform that offers transportation and delivery solutions to its customers. With a leading position in the US rideshare industry, user-friendly solutions, and the flexibility to scale with customer demand, Uber for Business is well-positioned to create an elevated transportation experience for the 5,500 dealerships utilizing RedCap's platform nationwide.
AVGO

Hot Stocks

09:04 EDT Broadcom expands Broadcom Advantage Partner Program for VCSPs - Broadcom announced it is further enhancing customer-focused innovation through the expansion of the Broadcom Advantage Partner Program for VMware Cloud Service Providers in Europe. More than 50 VCSP Pinnacle Partners in Europe have joined the Broadcom Advantage Partner Program since February 2024. A Pinnacle partner designation signifies a cloud provider's technology expertise in providing VMware Cloud Foundation as a service, along with proficiency in solving customers' toughest challenges. Redcentric and Telia are just some of the newest VCSP Pinnacle Partners operating in Europe. roadcom VCSPs are able to offer customers more options by delivering sovereign cloud services that support data residency, high levels of compliance and other jurisdictional controls, while helping customers quickly achieve maximum value for VMware Cloud Foundation as they accelerate their transition to the cloud.
RPD

Hot Stocks

09:04 EDT Rapid7's AI engine now includes generative AI capabilities - Rapid7 announced the Rapid7 AI Engine used by its global security operations center, SOC, teams now includes new generative artificial intelligence, AI, capabilities, transforming the way the company delivers its leading managed detection and response, MDR, services. The Rapid7 AI Engine is the foundational analytics engine that underpins the Insight Platform and assists the company's global SOC team throughout the lifecycle of an attack. It enhances threat detection and alert triage by leveraging a massive and diverse set of risk and threat data to automatically distinguish between malicious and benign alerts. The engine includes a combination of traditional machine learning and generative AI models, providing a multi-layered approach to validate that new security alerts have been accurately labeled as malicious or benign. This allows Rapid7 analysts to spend more time investigating the security signals that matter to customers instead of sifting through false positives.
CSLR

Hot Stocks

09:03 EDT Complete Solaria appoints Danie Foley as CFO - Complete Solaria announced the appointment of Daniel Foley as CFO, effective July 1, 2024. Mr. Foley will report to Complete Solaria's CEO, TJ Rodgers. Dan assumes the role of CFO effective July 1, 2024, and will be based at the company's Lehi, Utah office.
DTST

Hot Stocks

09:02 EDT Data Storage expands contract with a business process solutions provider - Data Storage Corporation announced that it has expanded its contract with a leading provider of end-to-end business processes for their customers globally. Through this six-figure expanded contract, the Company will provide managed encrypted backup and recovery services in addition to its already contracted infrastructure solutions. This contract was secured through its CloudFirst subsidiary. Chuck Piluso, CEO of Data Storage Corporation, stated, "We are proud to have expanded this contract with a leading business solutions provider as it further validates our ability to meet the growing needs of our customers. We believe this agreement is also a reflection of our ability to up-sell solutions adding value for existing customers and the vast cross-selling opportunities as a result of the consolidation of two of our subsidiaries."
REAL

Hot Stocks

09:01 EDT RealReal opens installation of fake handbags on Canal Street - The RealReal unveils an installation of fake handbags at 301 Canal Street. In a moment where authenticity has never been so important, we're drawing attention to the pervasive counterfeit crisis and provocatively prompting passer-bys to ask themselves what's real, with the goal of starting a conversation about why it matters on a street synonymous with counterfeit culture. At first glance, the installation, created in collaboration with Mythology, may appear to be a new The RealReal store opening, but, at closer look, will reveal a 'store' whose stock consists entirely of non-shoppable luxury dupes confiscated during our authentication process; these 35 bags are impossible to decipher as fakes with the naked eye. They won't be for sale because this store will never open or sell anything. In fact, in an office above the store, reminiscent of the back rooms of Canal Street where the 'best' fakes are sold, we'll hold activations that honor the what's real, including an open invitation to turn in counterfeits one day each month for a chance to win the real thing from The RealReal and conversations with thought leaders from our community.
GETY

Hot Stocks

09:00 EDT Getty Images named Appointed Photographic Agency for UEFA EURO 2024 - Getty Images will once again serve as the Appointed Photographic Agency for the upcoming UEFA European Football Championship, more commonly known as UEFA EURO 2024, in Germany. As the Appointed Photographic Agency, Getty Images will deploy a team of over 50 photographers onsite to capture every angle of UEFA EURO 2024 in 10 cities across Germany, from the opening match on 14th June to the final on 14th July. With an expert team of assigned UEFA photographers, Getty Images will have exclusive access to shooting positions pitch-side and behind-the-scenes to deliver high-quality content from all aspects of the tournament. This includes team portraits, training sessions, on-field action, atmospheric imagery of the fans and city, and winners' shots after the trophy lift.
WSC

Hot Stocks

08:56 EDT WillScot Mobile Mini announces $500M senior secured notes offering - WillScot Mobile Mini Holdings announced that its indirect subsidiary, Williams Scotsman plans to offer, subject to market and other conditions, $500 million aggregate principal amount of senior secured notes due 2029. The Notes will be WSI's general second lien senior secured obligations, guaranteed on a senior secured basis by each of WSI's direct and indirect domestic subsidiaries that guarantees WSI's obligations under the existing ABL credit facility and WSI's direct parent, Williams Scotsman Holdings Corp. WSI intends to use the net proceeds of the offering to repay approximately $493.5 million of outstanding borrowings under its existing ABL credit facility and to pay related fees and expenses.
USAU

Hot Stocks

08:53 EDT U.S. Gold granted further approval for the CK Gold Project in Wyoming - U.S. Gold's wholly owned subsidiary Gold King has been issued its Wyoming Pollutant Discharge Elimination System Permit, dated May 31, from the Director of the Wyoming Department of Environmental Quality, satisfying one of the conditions associated with the recently granted Surface Gold Mine Permit for the CK Gold Project. The company believes it is on track to update the prefeasibility study by Q3 2024 and finalize the feasibility study sometime thereafter.
BTUMF AGI

Hot Stocks

08:47 EDT BTU Metals to acquire two large gold exploration properties in Wawa gold area - BTU METALS CORP. (BTUMF) announces it has finalized the transaction to acquire a 100% interest in two large gold exploration projects in the active Wawa gold area of northern Ontario; the Echum Gold Project adjacent to Alamos Gold Inc. (AGI) and the Hubcap Gold Project adjacent to Red Pine Exploration. Each of the projects covers areas of historic gold mineralization and neither project has been the subject of significant or comprehensive exploration in recent years. The Echum property is adjacent along trend of the Alamos Gold Island Gold Mine property and the Hubcap property is adjacent along the geological trend of the gold mineralization that has been extensively drill tested by Red Pine Exploration. The consideration paid by BTU on closing for a 100% interest in the Echum and Hubcap properties was: C$25,000 and 5 million BTU treasury common shares. The only remaining obligation of the Company is in regards to undertaking to honour net smelter royalties to the original vendors.
BP RSG

Hot Stocks

08:46 EDT BP's Archaea Energy and Republic Services partnering to build RNG plant - BP's (NYSE: BP) subsidiary Archaea Energy and Republic Services (RSG) celebrate the first renewable natural gas - RNG - plant in the companies' Lightning Renewables joint venture. The Archaea Modular Design plant at Republic's National Serv-All Landfill in Fort Wayne, Ind., is the first of approximately 40 landfill gas-to-RNG projects targeted by the JV and is scheduled to come online this summer. The Fort Wayne AMD plant will convert landfill gas, a natural byproduct of the decomposition of waste, collected from Republic Services' landfill into RNG. The Fort Wayne plant, once in operation, is expected to process up to 6,400 scfm into RNG. With the 2022 acquisition of Archaea, bp is now the largest RNG producer in the US. The Lightning Renewables RNG projects directly support Republic Services' long-term sustainability goal to beneficially reuse 50% more biogas by 2030. The JV's portfolio of projects will bring Republic's total landfill gas-to-energy portfolio to more than 100.
FMST

Hot Stocks

08:44 EDT Foremost Lithium provides update on Peg North Property - Foremost Lithium Resource & Technology confirms further to its news release on June 29, 2022 in respect of the Company's option to acquire a 100% interest in the Peg North Claims located in the historic Snow Lake Mining District in Manitoba, that the Company has completed its third installment of the Option payment due on or before June 28, 2024. In accordance with the terms of the Option agreement, the third installment payment consisted of a cash payment of $100,000 and the issuance of 28,818 common shares at a deemed price of $3.47 per share, being the 30-day weighted volume average price of the Company's shares on the Canadian Securities Exchange. The shares are subject to a hold period of four months and one day expiring on October 13, 2024.
VCIG

Hot Stocks

08:44 EDT VCI Global partners with Emerging Hub for bitcoin mining opportunities - VCI Global announced a strategic partnership aimed at advancing large-scale Bitcoin mining farm. VCI Global will collaborate with Emerging Hub. In phase one of this partnership, a 35-megawatt Bitcoin mining farm will be developed, expected to accommodate 10,000 Bitcoin mining rigs that together are forecasted to generate over 2 exahashes per second, projected to yield over 500 Bitcoins by the end of the first year. Subsequently, production will gradually increase, and more mining rigs will be added in subsequent phases. The objective is to mine over 2,000 Bitcoins within a five-year period. Based on the current market price of over US$ 65,000 per Bitcoin, this would value the total mined Bitcoin at around US$ 130 million, without considering any price appreciation. Under this arrangement, VCIG anticipates securing a 30% share of the mined Bitcoin. VCIG and Emerging Hub have initiated negotiations with certain government bodies and a prominent energy player, who will be supplying environmentally friendly Liquefied Natural Gas to power the mining machines, ensuring sustainable and efficient operations.
STIM

Hot Stocks

08:44 EDT Neuronetics announces participation at CTMSS - Neuronetics announced today their participation at the 12th Annual Meeting of the Clinical TMS Society, CTMSS, in London, England from June 13th-15th. Six posters and one oral presentation will feature data generated utilizing the NeuroStar TMS System. "We are thrilled to present this meaningful evidence at the Clinical TMS Society Annual Meeting and engage with TMS providers and researchers about recent advancements in our field," said Cory Anderson, Senior Vice President of Research & Development and Clinical Affairs. "Our extensive data and strong clinical presence establish NeuroStar as the leading TMS device, treating the highest number of patients and supporting providers in delivering exceptional patient care in clinical settings."
TOMZ

Hot Stocks

08:42 EDT Tomi Environmental Solutions supports partners combat avian influenza outbreak - TOMI Environmental Solutions announced that the Company is working closely with customers and partners to support efforts to combat a current outbreak of avian influenza that is causing widespread disruption globally. Dr. Halden Shane, CEO of TOMI, states, "As the industry braces for outbreaks, being prepared by implementing stringent biosecurity measures and cutting-edge disinfection methods is crucial to safeguarding animal health and ensuring business continuity. TOMI is readily equipped to deploy SteraMist to confront this looming threat and countless others spreading worldwide. We are leveraging our long-term, established partnerships to navigate this challenge and drive company growth. Our strategy of developing a global distribution network aligns precisely with the global nature of this threat. By working closely with our customers and distributors, we are not only reducing the threat of avian influenza but also capitalizing on the opportunity to expand our market reach and enhance our service offerings."
STLA

Hot Stocks

08:42 EDT Stellantis unveils multiple software-driven products for B2C, B2B customers - Stellantis is enhancing the mobility experience of consumer and commercial owners of vehicles from its 14 iconic brands with a steady stream of new connected features. That effort is delivering a boost to high-margin revenue from software and connected services, which has grown by 2.5 times since 2021, as the number of subscribers globally during that same period has increased to 5 million. Additionally, the monetizable car parc has grown 15% to 13.8 million vehicles, and Stellantis delivered more than 94 million over-the-air updates in 2023, adding and improving features in its existing vehicles. Stellantis has built its in-house capabilities to develop its own software, taking advantage of a global footprint of technology development hubs to work 24/7, building and customizing software products for each of the Company's vehicle platforms. The cutting-edge technology platforms are: STLA Brain: The foundational architecture offers centralized computing full over-the-air access to sensors and actuators. It reduces complexity, enabling the number of electronic control units (ECUs) per vehicle to be reduced by half to approximately 60 ECUs. New features can be developed in-house in less than six months, one-fourth the time of today's process. Technology readiness for integration is expected by the end of the year, with vehicle integration in 2025. STLA SmartCockpit: The platform ushers in a new generation of personalization and connected capabilities, powered by machine learning and AI technologies, giving users a seamless integration with their digital lives. A focus on simplified menus with fewer clicks for response to user inputs significantly improves ease of use. AI-enabled experiences give vehicle occupants more options in navigation, media, climate, lighting and productivity features. The key is a digital personal profile that knows your preferences and moves with you between Stellantis brand vehicles. Technology readiness for integration is expected by the end of the year. STLA SmartCockpit debuts in a Stellantis brand vehicle in 2025. STLA AutoDrive: The system leverages the capabilities of STLA Brain and STLA SmartCockpit to deliver useful and continuously updated Advanced Driver Assistance System technology that is intuitive, robust and inspires driver confidence. STLA AutoDrive targets significantly increasing the uninterrupted time and distance for ADAS-supported driving. The strategy includes industry-leading ADAS that provides drivers with both hands-off/eyes-off-the-road mobility and a fallback to limited hands-off/eyes-on-the-road cruising in the same system. Eyes-off technology readiness for integration is expected by the end of the year with the commercial launch in 2025.
BLIN

Hot Stocks

08:41 EDT Bridgeline Digital releases Athena update with GenAI-powered smart responses - Bridgeline Digital announces the successful launch of its highly anticipated HawkSearch "Athena" update. This milestone introduces GenAI-powered "Smart Responses," which drives engagement and revenue growth for businesses utilizing HawkSearch. The Athena release of GenAI Smart Responses is now generally available, GA, for the public. This enhances conversions for eCommerce customers with dynamic, conversational dialogues based on search queries, prompting follow-up questions and suggestions to imitate a personalized online sales assistant. This boosts engagement and helps users find what they need quickly.
NMHI

Hot Stocks

08:40 EDT Nature's Miracle named exclusive U.S. distributor of Gro-Med products - Nature's Miracle has signed an agreement with Vaighai Agro to distribute its Gro-Med Line of Coco Coir Substrate products in the U.S. Vaighai, a subsidiary of Vaighai Agro Products, India, has over 40 years of experience in agro-industry. Gro-Med, a select brand of Vaighai, specializes in eco-friendly coco coir growing medium products. With this agreement, Nature's Miracle is allocated exclusive distribution of Vaighai's Gro-Med products within the U.S. effective immediately.
NLCP

Hot Stocks

08:39 EDT NewLake Capital Partners raises quarterly dividend to 43c per share - NewLake Capital Partners Board of Directors has increased its second quarter 2024 cash dividend to 43c per share of common stock. The dividend is equivalent to an annualized dividend of $1.72 per common share and is payable on July 15, 2024, to common stockholders of record at the close of business on June 28, 2024.
EBAY

Hot Stocks

08:38 EDT eBay launches Venmo as payment option - eBay is expanding payment method choice at checkout by adding Venmo, the company announced. "The move to introduce new, popular and modern payment options aligns with the evolving preferences of today's digital natives. This convenient, simple, and safe payment method will bring eBay buyers in the U.S. even more choice and flexibility during the checkout experience... By integrating Venmo, a platform already embraced by more than 90 million highly engaged users, eBay taps into the modern and mobile-first consumer... The ability to pay with Venmo will be available to U.S. buyers on eBay.com and the eBay app in the coming week," eBay stated. Reference Link
BURU

Hot Stocks

08:37 EDT Nuburu implementing 1-for-40 reverse stock split effective June 24 - Nuburu announced a shareholder letter from its CEO, Brian Knaley. Dear NUBURU Shareholders, Partners, and Family: "For the last several months, NUBURU has been realigning and refocusing our business and operations and we are beginning to see the positive results of these intense efforts. We are seeing increased orders which typically require a sales and qualification process that can take 12 months or longer, we have received prestigious recognitions, we have realigned our workforce, we have reduced our outstanding debt by 25%, and we continue to pursue a variety of transactions to further reduce our debt, and we have established new, ongoing funding relationships that are critical to an emerging growth company like Nuburu. As part of our overall recalibration, consistent with the authorization previously provided by shareholders, we will be implementing a 1-for-40 reverse stock split of our outstanding stock effective June 24 and expect that our stock would begin trading on June 25, 2024 on a split-adjusted basis under a new CUSIP number, 67021W301. We believe this will benefit shareholders by reducing the number of outstanding shares and increasing the share price, making the stock more appealing to institutional investors and analysts who tend to avoid stocks with low prices. Additionally, it will help the Company continue to satisfy the minimum price requirements for listing on the NYSE and make it easier for institutional investors to compare NUBURU's stock price with its peers. The reverse stock split does not affect the Company's fundamental value or the proportional ownership of shareholders. Your stake in the Company remains unchanged.
AIR

Hot Stocks

08:37 EDT AAR Corp. expands electronics distribution relationship with OTTO Engineering - AAR Corp. has signed a territory expansion agreement that expands its Americas-based electronics distribution relationship with OTTO Engineering into the APAC region. Under the agreement, AAR will distribute OTTO's line of electromechanical switches, grips, and joysticks to the commercial and defense markets.
MRETF

Hot Stocks

08:37 EDT Martinrea appoints Peter Cirulis as CFO - Martinrea International announced that Peter Cirulis has been appointed Chief Financial Officer of the Company effective July 1, 2024. Mr. Cirulis has been Martinrea's Executive Vice President, Aluminum Group since 2018. Fred Di Tosto, current President and CFO, will retain his current responsibilities as President going forward.
GENK

Hot Stocks

08:37 EDT Gen Restaurant's GEN Korean BBQ debuts all-new premium menu - GEN Restaurant Group, owner of GEN Korean BBQ, has debuted an all-new Premium Menu that is now available at GEN locations nationwide. The new Premium Menu featuring high-quality, top shelf proteins is available for an extra price per person or a la carte, allowing diners to choose from a wide variety of delectable dishes including beef, pork, chicken and seafood options while enjoying the engaging and interactive experience of being their own chef.
GV

Hot Stocks

08:36 EDT Visionary Holdings regains Nasdaq compliance - Visionary Holdings announced the company received a letter from the Listing Qualifications Staff of the Nasdaq Stock Market on June 12, 2024, which stated that the company has regained compliance with Listing Rule 5550(a)(2). On June 14, 2023, Staff notified the company that its common shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. On June 12, 2024, Nasdaq provided confirmation to the company that for the last 10 consecutive business days from May 29, 2024 to June 11, 2024, the closing bid price of the company's common shares has been at or above $1.00. Accordingly, the company has regained compliance with the minimum bid price requirement and this matter is now closed.
STSS

Hot Stocks

08:36 EDT Sharps receives $30M purchase order for prefillable copolymer syringe - Sharps Technology received a signed $30 million purchase order from Nephron Pharmaceuticals, representing their first 12 months of syringe purchase commitments. The purchase order includes deliveries for both the 10mL and 50mL specialty copolymer prefillable syringes that will be manufactured at the West Columbia site being acquired from Nephron. This assurance of supply is expected to support the planned expansion of the 503b operations at the Nephron site. Braden Miller, Sharps Director of Product Development, commented, "Sharps has developed an exciting alternative to glass syringes through the use of molded inert polymers, offering a high-quality solution compared to traditional glass syringe systems." Sharps prefillable polymer syringes have many of the same characteristics as traditional glass designs to support long term drug stability and increase shelf life for pharma and healthcare customers. However, polymer syringes can also be made into custom configurations with unique container closure systems; they can nearly eliminate breakage, minimize dead space, reduce contamination, excel in cold-chain storage, and support the development of novel devices including autoinjectors.
ILLM

Hot Stocks

08:36 EDT Illumin announces voting results of annual meeting - illumin announced that at its annual meeting of shareholders held yesterday, all director nominees were elected as directors of the Corporation. In addition, the other item of business at the Meeting, being the re-appointment of auditors of the Corporation was also approved.
VTSI

Hot Stocks

08:34 EDT VirTra simulators approved for DoD-funded research projects - VirTra announced that its simulators have been approved for Department of Defense, DoD, funding for research projects. This approval is supported by the results of a recent independent research study conducted by Ohio State University. The study, published by a third party, assessed VirTra's V-100 Simulator and confirmed that VirTra simulators can record shooting performance accurately and track individual progress over time reliably, thereby qualifying them as verified and consistent research tools. Researchers at Ohio State University studied 30 participants with varying degrees of rifle-handling experience to evaluate the V-100 Ballistic Simulator's capabilities as a training device and research tool. They found that the system accurately captured shooting data, decision-making, and reaction time down to millimeters and milliseconds. These significant findings support the use of VirTra's simulators as research tools and could lead to their use in a first-ever standardized performance score system for virtual reality ballistics training.
INBS

Hot Stocks

08:34 EDT Intelligent Bio Solution implements strategic reorganization, productivity plan - Intelligent Bio Solutions announced the implementation of a strategic and comprehensive reorganization and productivity plan to support the Company's global growth initiatives.As the Company approaches several growth initiatives globally, including planned entry into the U.S. market in 2025, management has made the strategic decision to transition its operating structure from a UK-based model to a global framework. The reorganization aims to leverage the strengths of INBS' diverse, international team and provide an agile structure as INBS expands its geographical footprint. Amongst other initiatives, the Company will operationally break down its regions into silos, which will enable more efficient collaboration and innovation between each, ensuring that the Company's resources effectively align with growth objectives. This operational improvement will increase efficiency and position INBS for sustained, long-term success in the global market.
LSTA

Hot Stocks

08:34 EDT Lisata announces full enrollment of pancreatic cancer cohort in CENDIFOX - Lisata Therapeutics announced the successful completion of patient enrollment for the pancreatic cancer cohort in the Phase 1b/2a CENDIFOX trial. This investigator-initiated trial, led by Dr. Anup Kasi at The University of Kansas Cancer Center, is evaluating the safety and efficacy of certepetide in combination with FOLFIRINOX-based therapies for pancreatic, colon, and appendiceal cancers. "The successful enrollment of the pancreatic cancer cohort represents another significant step forward in the clinical development of certepetide," said Dr. Kristen Buck, Lisata's Executive Vice President of Research and Development and Chief Medical Officer. "We are encouraged by the progress of the CENDIFOX trial and look forward to both the completion of enrollment in the remaining two cohorts and the reporting of results."
WKHS

Hot Stocks

08:33 EDT Workhorse Group announces 1-for-20 reverse stock split - Workhorse Group announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol "WKHS" and will begin trading on a reverse split-adjusted basis when the market opens on June 17, 2024.
CLPS

Hot Stocks

08:32 EDT CLPS acquires Shell Infotech in Singapore - CLPS, through its wholly-owned subsidiary, Ridik, has acquired 100% of the equity of Shell Infotech and its wholly-owned subsidiary Shell Infotech Consulting. This acquisition expands CLPS's client base and market share in Southeast Asia while strengthening its core IT competencies and service offerings, solidifying its commitment to global expansion. Established in 2003 and headquartered in Singapore, Shell Infotech is an IT consulting and managed services provider in Singapore and Malaysia. Following the acquisition, Shell Infotech's workforce will be integrated into CLPS's organizational structure, with its employees relocating to Ridik's office in Singapore. CLPS will maintain the Shell Infotech brand. The acquisition of Shell Infotech is expected to bring 27 new clients to the company and drive a projected 25% to 30% revenue increase in Southeast Asia.
CCTG

Hot Stocks

08:32 EDT CCSC Technology, Innogetic enter strategic cooperation framework agreement - CCSC Technology International announced that on May 22, 2024, the Company entered into a strategic cooperation framework agreement with Innogetic International. This partnership aims to explore and apply digital technology such as artificial intelligence in the field of manufacturing by leveraging each company's strength in technology research and manufacturing integrations. Pursuant to the Agreement, CCSC and Innogetic agree to establish a joint venture in Hong Kong to carry out the cooperation. Both parties also agree to share information on AI technology trends and the application of typical industries such as manufacturing platforms and services.
OSIS

Hot Stocks

08:32 EDT OSI Systems awarded $11M contract for radiation monitoring portals - OSI Systems announced that its Security division has received an order from an international customer valued at approximately $11M to provide customized radiation monitoring portals and related services and support.
IPW

Hot Stocks

08:32 EDT iPower expands SuperSuite's sales channel with Temu US - iPower announced its approval as a Temu US seller. This achievement offers another compelling sales channel for iPower's SuperSuite clients and unlocks new opportunities for the Company's supply chain partners. "The addition of Temu to our SuperSuite platform equips our supply chain partners with a promising new sales channel," said Lawrence Tan, CEO of iPower. "This enhancement is aligned with our strategic vision to empower supply chain partners with a diversified sales channel that enables sustained long-term growth. We are pleased with the early results from the Temu integration and we will continue exploring additional sales channels that could further enhance the value proposition of our SuperSuite platform."
IINN

Hot Stocks

08:32 EDT Inspira Technologies receives first purchase order for INSPIRA ART100 systems - Inspira Technologies announced that is has received the first purchase order from Glo-Med Networks for its INSPIRA ART100 systems, with the five product units expected to be shipped in the fourth quarter of 2024. The purchase order also provides for the potential purchase of an additional 20 systems, the timing of which is subject to further agreement between Inspira and Glo-Med.
JBLU

Hot Stocks

08:27 EDT JetBlue launches service between JFK, TQO - JetBlue announced it has officially launched service between New York's John F. Kennedy International Airport, or JFK, and Tulum's Felipe Carrillo Puerto Tulum International Airport, or TQO, with the first flight arriving in Tulum this morning. Tulum service will operate daily, making this JetBlue's third destination in Mexico, where it also serves Cancun and Los Cabos.
R

Hot Stocks

08:25 EDT Ryder increases its long-term adjusted ROE to 20- 22% from 17-19% over cycle - Ryder Chairman & CEO Robert Sanchez and EVP & CFO John Diez, along with other members of the senior leadership team, will provide an in-depth review of Ryder's business transformation and will outline the next phase of the company's balanced growth strategy, which is focused on accelerating profitable growth supported by operational excellence and customer-centric innovation. In conjunction with Ryder's 2024 Investor Day, the company is increasing its long-term adjusted return on equity, ROE, target to a range of low twenties, 20% - 22% over the cycle, up from its prior target range of high teens, 17% - 19%, over the cycle. "The actions we've taken to de-risk the model, increase returns, and drive profitable growth under our balanced growth strategy have enabled Ryder to meaningfully outperform prior cycles. We are confident that our transformed business model, strategic initiatives, and expected benefits from the cycle upturn will enable us to exceed prior peak-cycle returns," says Sanchez.
DKNG IAC

Hot Stocks

08:21 EDT DraftKings appoints Erik Bradbury as chief accounting officer - In a regulatory filing, DraftKings (DKNG) said that on June 9, its board of directors appointed Erik Bradbury as the company's Chief Accounting Officer and principal accounting officer, effective on or about August 12. Effective as of Bradbury's appointment, Alan Ellingson, the company's CFO and principal financial officer, will no longer serve as the company's principal accounting officer. Bradbury most recently served as the Senior Vice President, Controller & Chief Accounting Officer for IAC Inc. (IAC) where he oversaw IAC's company-wide accounting and financial reporting from September 2023. Bradbury is returning to DraftKings after having served as the company's Chief Accounting Officer from September 2020 until September 2023.
MET

Hot Stocks

08:21 EDT MetLife in pact with 3M to provide annuity benefits for obligations of $2.5B - MetLife announcedthat its subsidiary, Metropolitan Tower Life Insurance Company, has entered into an agreement with 3M to provide annuity benefits to approximately 23,000 retirees and beneficiaries in the 3M Employee Retirement Income Plan , the company's U.S. defined benefit pension plan, representing pension obligations of approximately $2.5B. "MetLife is pleased we were entrusted to provide guaranteed lifetime income to 3M retirees, as well as benefits to the retirees' spouses and beneficiaries," says Melissa Moore, senior vice president and head of Annuities at MetLife. "MetLife helped pave the way for today's pension risk transfer market more than 100 years ago and continues to be firmly committed to this business, leveraging our expertise at managing risk across a wide range of economic scenarios to remain an industry leader."
HMC

Hot Stocks

08:20 EDT Honda, Emporia collaborate on home energy solutions - Emporia announced a collaboration with Honda Motor aimed at driving innovation in the home energy management sector. As part of this collaboration, Honda has made a strategic investment in Emporia, a leading company known for its innovative solutions in home energy management. The investment also includes the signing of a master collaboration joint development agreement in North America. This agreement will focus on key areas such as smart EV charging and home energy management, combining the strengths of both companies to deliver cutting-edge solutions to consumers. Customers in the U.S. can already optimize their residential energy use by adding Emporia's Smart Home Energy Management System to their installation of EV chargers or other energy products offered through Acura Home Electrification and Honda Home Electrification.
BLNK

Hot Stocks

08:19 EDT Blink Charging receives 'In Process' FedRAMP status - Blink Charging achieved the "In Process" designation granted by the Federal Risk and Authorization Management Program for its EV charging solutions. Blink is presently listed as "In Process" in the FedRAMP Marketplace. Upon achievement of full accreditation for the Company's EV charging network, the Blink Network, government agencies will be able to contract with Blink or the Company's federal resellers for networked EV charging. Blink expects to reach full FedRAMP compliance status before the end of Q3 2024.
STKH

Hot Stocks

08:19 EDT Steakholder Foods signs MOU to establish partnership with Sherry Herring - Steakholder Foods announced the signing of a memorandum of understanding to establish a strategic partnership with Sherry Herring to unveil a new line of vegan fish salads developed with the Company's proprietary SHFISH premix blends. This collaboration marks another step forward in advancing Steakholder Foods' commercialization strategy, leveraging Sherry Herring's regional expertise and brand recognition to expand Steakholder Foods' geographic footprint and customer base, and further bolstering Steakholder Foods' growing product portfolio. Through the integration of SHFISH premix blends, Steakholder Foods and Sherry Herring aim to redefine the seafood experience by offering plant-based alternatives that mimic the taste, texture, and nutritional profile of traditional fish salads, while providing a more sustainable and environmentally-friendly option. Utilizing innovative ingredients and culinary expertise, this collaboration seeks to cater to the rising consumer demand for sustainable and delicious plant-based options. Capitalizing on Sherry Herring's well-established distribution network spanning delis and restaurants, this new vegan fish salad line will roll out to Sherry Herring's current channels as well as new locations.
CERO

Hot Stocks

08:17 EDT Cero Therapeutics completes IND-enabling manufacturing activities for CER-1236 - CERo Therapeutics executed pre-IND manufacturing activities for its lead therapeutic, CER-1236. The completion of multiple manufacturing runs is required to meet safety and efficacy standards for drug administration in clinical trials, and this was the final required technical activity for the Company prior to completing its Investigational New Drug Application package. The Company anticipates sending the IND submission to the U.S. Food and Drug Administration in order to receive clearance to begin human trials with CER-1236 in the near term.
TCJH

Hot Stocks

08:16 EDT Top KingWin receives notice of non-compliance from Nasdaq - Top KingWin received a written notice from The Nasdaq Stock Market on June 7, 2024. The Notice notifies that the Company is not in full compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's Class A ordinary shares for the 30 consecutive business days from April 25 through June 6, 2024, the Company no longer meets the minimum bid price requirement. The Notice does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until December 4, 2024, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's Class A ordinary shares must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. In the event that the Company does not regain compliance on December 4, 2024, the Company may be eligible for additional time to regain compliance. The Company's business operations are not affected by the receipt of the Notice. The Company intends to monitor the closing bid price of its Class A ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding Class A ordinary shares, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
CFXTF

Hot Stocks

08:14 EDT Conifex Timber to curtail sawmill, planer for period of two weeks - Conifex is curtailing its sawmill and planer for a period of two weeks commencing June 17, 2024. The curtailment is the result of ongoing weather-related transportation challenges that have delayed spring log deliveries and resulted in lower than planned log inventories. It is anticipated that the reduced operating schedule will impact sawmill production capacity by approximately 8,500 Mfbm. Conifex continues to deliver spring decked logs from the southern portion of the Mackenzie TSA, and has commenced summer logging activities in the northern portion of the TSA. While weather may continue to impact log deliveries, Conifex currently anticipates resuming full operations at the sawmill and planer on July 2, 2024.
CFXTF

Hot Stocks

08:13 EDT Conifex Timber to appeal ruling of BC Supreme Court - Conifex Timber will appeal the ruling of the BC Supreme Court upholding a government decision that prevented Conifex from diversifying its business operations and helping stabilize the interior BC forest sector. Conifex had sought to develop High Performance Computing data centers in northern BC. Those plans were put on hold late in 2022 when the Lieutenant Governor in Council (directed the British Columbia Utilities Commission by Order-in-Council to relieve BC Hydro of the obligation to supply electrical service for cryptocurrency projects for a period of 18 months. The cryptocurrency moratorium forced Conifex to halt development at two HPC sites BC Hydro had identified as promising locations with available power to support HPC data center operations. In April 2023, Conifex filed a petition in the BCSC seeking judicial review of the OIC and an order quashing and setting aside the OIC as unauthorized or otherwise invalid. The BCSC dismissed the petition in February 2024. Although the judgment concluded that the LGIC could not impose a permanent ban on supplying power, imposing a temporary ban on cryptocurrency miners was determined to be valid. "Conifex has not been provided any credible justification for allowing BC Hydro to deny service to our two HPC sites," said Ken Shields, Chairman and CEO. "With the large number of forest sector plant closures over the past few years, it is obvious that forestry companies need to diversify and strengthen their revenue streams to sustain operations. Successfully appealing the decision will provide us a clear path to resume work on initiatives that meet the social and economic expectations of our employees, contractors and shareholders, as well as residents of the communities where we operate." Conifex continues to believe that the provincial government and BC Hydro are missing out on several opportunities available to them to improve energy affordability, accelerate technological innovation, strengthen the reliability and resiliency of the power distribution grid in British Columbia, and achieve more inclusive economic growth. Conifex looks forward to an opportunity to hold discussions that will promote the principles of sustainable economic development and Indigenous reconciliation in the Province.
AMWL

Hot Stocks

08:11 EDT Amwell announces co-CEO Schoenberg transitions to EV Chairman - Amwell announced that co-founder and visionary healthcare technology leader Roy Schoenberg, M.D., M.P.H., is transitioning from his role as president and co-CEO to become Executive Vice, EV, Chairman of Amwell's Board of Directors. Ido Schoenberg, M.D., will assume the role of sole Chief Executive Officer of Amwell.
INCY

Hot Stocks

08:11 EDT Incyte: Final results of "Dutch auction" tender to purchase $$1.6B in stock - Incyte announced the final results of its modified "Dutch auction" tender offer to purchase up to $1.672B in value of shares of its common stock, which expired at 12:00 midnight, at the end of the day, New York City time, on June 10. Based on the final count by Computershare Trust Company the depositary for the tender offer, a total of 29,821,563 shares of Incyte's common stock were properly tendered and not properly withdrawn at or below the purchase price of $60.00 per share. Incyte has accepted for purchase 27,866,666 shares of its common stock at a purchase price of $60.00 per share, for a total cost of approximately $1.672B, excluding fees and expenses relating to the tender offer. These shares represent approximately 12.4 % of the Company's total outstanding shares of common stock as of June 7. The final proration factor for the shares that Incyte will purchase pursuant to the tender offer is approximately 93.5%.
ZPTA QBTS

Hot Stocks

08:09 EDT Zapata to participate in panel at D-Wave Qubits Conference - Zapata Computing (ZPTA) announced that two members of its executive team, Chief Revenue Officer Jon Zorio and Chief Technology Officer Yudong Cao, will be speaking at the D-Wave Qubits Conference on June 17, 2024. Zorio will join the conference's opening keynote discussion, hosted by Dr. Alan Baratz, President and Chief Executive Officer of D-Wave Quantum Inc. (QBTS), taking place at 8:30am EDT, while Zorio and Cao will be participating in a fireside chat hosted by The Boston Globe's Aaron Pressman at 3:50pm ET. Zorio will provide a high-level overview of Zapata AI's quantum and AI capabilities and how the company is helping its enterprise customers, which span multiple industries, solve some of their most complex industrial-scale problems during the keynote. Zorio's and Cao's fireside chat, titled The Quantum Leap in Generative AI: Implications for Industry, will focus on a range of topics, including the intersection of quantum and AI, the Company's partnership with D-Wave, use cases for quantum-enhanced generative AI across industries, the Boston AI tech scene and more.
LIVE

Hot Stocks

08:09 EDT Live Ventures' Flooring Liquidators announces opening of store in Missouri - Live Ventures Incorporated announced that its subsidiary, Flooring Liquidators has opened a 60,000 square foot store in Springfield, Missouri. This branded Flooring Liquidators store is its largest store and will serve as a distribution center for its future stores in the Midwest, as well as its branded Gary's Floor and Home stores in Arkansas. At this new location, customers can shop from a full line of laminate, carpet, hardwood, natural stone and ceramic tile, luxury vinyl tile flooring, and a range of quality countertops.
ADM BAYRY

Hot Stocks

08:09 EDT Archer Daniels, Bayer extend farming collaboration - ADM (ADM) and Bayer (BAYRY) announced an extension of their collaboration, working with farmers in a bid to drive the further adoption of regenerative agricultural practices in Europe. Last year, the companies embarked on a feasibility study to evaluate the impact of regenerative agriculture practices in curbing carbon emissions, increasing biodiversity and improving soil health. They worked with oilseed rape farmers covering approximately 9,000 hectares in Poland to conduct an in-depth on-farm risk assessment that evaluated carbon emissions reduction potential while building grower-specific roadmaps for the transition to regenerative agriculture. This preliminary assessment showed that carbon emissions from those hectares relying on at least one regenerative agricultural practice were 15% lower than those of conventional farms. The analysis suggests that emissions reductions could be up to 40% for farmers comprehensively adopting regenerative agriculture practices. As part of the next stage of the collaboration, the program will expand into a broader range of crops such as corn, wheat and barley, and geographically across Eastern Europe.
INSE

Hot Stocks

08:08 EDT Inspired Entertainment partners with Alberta Gaming, Liquor, Cannabis - Inspired Entertainment announced that it has entered an agreement with Alberta Gaming, Liquor and Cannabis, an agency of the government of the Canadian province of Alberta that oversees casino gaming, AGLC. Following a successful trial period, AGLC has committed to purchase 150 new Valor terminals. Deployment of the new terminals is expected to be completed by the end of the second quarter of 2024. "We are delighted to welcome AGLC as a valued customer. AGLC's decision to order 150 Valor cabinets underscores the success demonstrated during the trial period as well as the strength of our product portfolio. We look forward to a long and prosperous partnership with AGLC," said Brooks Pierce, President and Chief Executive Officer of Inspired. "We remain committed to expand in the attractive Canadian markets by delivering exceptional gaming solutions with both our gaming and digital products. Adding Alberta to our existing footprints in Ontario and Saskatchewan is the next step as we continue to see growth opportunities from the Canadian markets."
GRRR

Hot Stocks

08:08 EDT Gorilla issues letter to shareholders - Gorilla Technology released a letter to its stockholders. The letter follows: "We, at Gorilla Technology, understand that the recent drop in our stock share price may have caused concern. However, I want to assure you that we are diligently navigating these turbulent waters and making significant progress in our core projects... We are on a roll and have recently secured three significant projects in Taiwan, focused on one of the very first Roaming Lawful Interception solutions, Smart Port solutions to operational efficiency and Criminal Investigation systems... Despite these successes, I acknowledge the concern regarding our stock price... In line with our commitment to transparency and in compliance with SEC regulations, we have filed a Form 6-K detailing an offering of our ordinary shares for approximately $12.0 million. We raised these funds to fuel the ambitious projects that are the lifeblood of our vision, particularly our monumental projects in Taiwan and Egypt.... Furthermore, we are actively engaged in negotiations on several material contracts. These potential partnerships are anticipated to be transformative... We understand that stock price fluctuations can be unsettling. We ask for your trust and patience as we navigate this temporary phase. We are dedicated to driving value for all our stakeholders and are confident that our efforts will lead to long-term success."
DUOT

Hot Stocks

08:07 EDT Duos Technologies Group to be featured sponsor at Rail Insights 2024 - Duos Technologies Group announced that the Company will be a featured sponsor in Railway Age's "Rail Insights 2024" virtual conference. Scheduled for June 20, 2024, this event will spotlight innovations in rail, with Duos presenting on the pivotal role of "AI at the Edge" in enhancing mechanical defect detection and overall operational rail safety.
VANI

Hot Stocks

08:07 EDT Vivani Medical announces FDA clearance of NPM-119 IND, lifts clinical hold - Vivani Medical announced the FDA has cleared the investigational new drug application, or IND, and lifted the clinical hold on NPM-119 to allow initiation of LIBERATE-1, a Phase 1 clinical trial to assess the safety, tolerability and pharmacokinetics of NPM-119, the company's miniature, six-month GLP-1 implant in development for the treatment of type 2 diabetes.
PMEC

Hot Stocks

08:06 EDT Primech Holdings announces launch of Primech AI - Primech Holdings announced the launch of Primech AI as an operating subsidiary that will focus on creating robotic-based solutions catering to the vast demands for efficient and autonomous cleaning technology. Primech AI consists of eleven employees, led by Charles Ng, Vice President of Innovation and Technology at Primech Holdings and Co-Founder, COO of Primech AI. Charles's expertise in robotics was developed during his tenure as the Head of Capability Development at DSTA. The inception of Primech AI traces back to 2022, when Kin Wai Ho, the Chairman of Primech Holdings, and Vernon Kwek, the Co-Founder of Primech Holdings, embarked on a mission to establish an AI Robotics entity tailored for facility services. This initiative took shape with the establishment of a robotics laboratory under the guidance of Charles Ng, Vice President of Innovation and Technology at Primech Holdings. After the AI robotics laboratory was established, a collaborative partnership took shape with Richard Zhang, due to his expertise and prior work on a revolutionary robotic arm. In 2023, the foundational work to formalize Primech's AI robotics laboratory operations and launch Primech AI as a subsidiary operation began. With patents pending, Primech AI will release Hytron Mark 1, a fully autonomous AI-powered toilet cleaning robot by the end of fourth quarter of 2024. It will feature 3D-cleaning and use electrolyzed water for enhanced efficiency, making it an ideal solution for modern sanitation needs.
COLL

Hot Stocks

08:06 EDT Collegium obtains six month extension of U.S. pediatric exclusivity for Nucynta - Collegium Pharmaceutical announced that the U.S. Food and Drug Administration, FDA, has granted pediatric exclusivity for Nucynta and Nucynta ER. In 2023, FDA granted New Patient Population exclusivity for Nucynta in pediatrics, extending the period of U.S. exclusivity from June 27, 2025, to July 3, 2026. FDA's grant of pediatric exclusivity now extends exclusivity of the Nucynta Franchise an additional six months, to January 3, 2027, for Nucynta and December 27, 2025, for Nucynta ER. "We are pleased with FDA's grant of pediatric exclusivity for the Nucynta Franchise," said Thomas Smith, M.D., Collegium's Chief Medical Officer. "This grant of pediatric exclusivity enhances the value of the Nucynta franchise and bolsters our near-term outlook. Collegium is proud to lead with science in support of people living with serious medical conditions and the communities we serve."
STLA

Hot Stocks

08:05 EDT Stellantis CEO outlines 9 key strategic differentiators the company leverages - At Stellantis' first Investor Day, CEO Carlos Tavares outlined nine key strategic differentiators the Company is leveraging to unlock value and address the disruption and reinvention of the auto industry worldwide. Best Positioned Core: Portfolio of 14 iconic and innovative brands covering all price points and multiple regional markets; Global market presence combining scaled North America and Enlarged Europe regions; Unique multi-energy approach. Clear Profitability Advantages: Fully scaled Pro One commercial vehicle business; Ability to deliver double-digit margins across the cycle; Sustainable R&D/CAPEX efficiency. Critical Speed & Agility: Re-set and re-launch of asset-light China strategy with Leapmotor; leveraging global reach to maximize Best-Cost Country opportunities; Rapid development of next-gen portfolio.
AHT

Hot Stocks

08:05 EDT Ashford Hospitality sells two hotels for $17.5M - Ashford Hospitality has closed on the sale of the 90-room SpringHill Suites and the 86-room Fairfield Inn located in Kennesaw, Georgia for $17.5M. The sale price represented a 4.8% capitalization rate on trailing 12-month net operating income through April 2024. The hotels were encumbered with a mortgage loan that had an outstanding balance of approximately $10.8M. All remaining proceeds from the sale will be used for general corporate purposes, including the pay down of the company's strategic financing.
AWH

Hot Stocks

08:05 EDT Aspira Women's Health provides commercial, reimbursement updates - Aspira Women's Health provided interim commercial and operational updates for the second quarter of 2024. Product volume continued its sustained monthly gains, growing by more than 26% in May 2024 compared to January 2024. Year-over-year growth in monthly product volume per full-time sales representative grew to 569 for the five months ended May 2024 compared to 484 for the same period of 2023. This increase was achieved while also shifting resources to cost-effective inside sales reps that represent approximately 20% of the 19-person team as of May 2024. Year-to-date OvaWatch volume through the end of May 2024 is up by more than 88% compared to the same period in 2023. The Company's expansion into the Philippines is on track for a commercial launch of OvaWatch in the third quarter. Revenues from this agreement are expected to generate higher margins compared to margins achieved in the U.S. market as costs associated with providing the test are absorbed by the Company's laboratory partner in the Philippines. Aspira will receive a fee-per-test for access to its proprietary algorithm. Moreover, the Company's inside sales team will support physician adoption using third-party resources, local to the Philippines, that are already trained and supporting the U.S. sales team today. On the reimbursement front, the Company announced that it has executed an OvaSuite contract with Anthem Plans of Connecticut, New Hampshire, and Maine, adding over 2 million covered lives under the umbrella agreement with Anthem. Aspira was nationally certified by Anthem earlier this year and the Company expects to add up to 16 million covered lives over the next few quarters as additional regions are added. Additionally, the states of Maryland and Kentucky each expanded their Medicaid coverage for OvaWatch adding the test to the fee schedule at $897 per test. With the addition of these two states, OvaSuite tests are now on the fee schedule in nine states, with reviews in progress on several more. The Company anticipates providing a downward revision of the 2024 cash used in operations guidance during the second quarter 2024 earnings call.
RTX

Hot Stocks

08:04 EDT RTX's Raytheon awarded $506M NASA contract - Raytheon, an RTX business, was awarded a $506M contract from NASA to design and build the Landsat Next Instrument Suite, which includes three next generation space instruments, with an option for an additional instrument. The instrument suite will perform Earth observation from three identical observatories from Low-Earth orbit. Through multispectral imaging technology, LandIS will collect images of the Earth's surface every six days, detecting natural and human-induced changes.
XNCR JNJ

Hot Stocks

08:04 EDT Xencor to regain exclusive rights to plamotamab - Xencor (XNCR) announced it will regain exclusive worldwide rights to plamotamab, a CD20 x CD3 bispecific T-cell engager, which Xencor advanced through Phase 1 clinical development in hematologic cancers. In 2021, Xencor entered a collaboration and license agreement with Janssen Biotech (JNJ) to develop and commercialize plamotamab and novel B-cell targeting bispecific antibodies designed to conditionally activate T cells through the CD28 co-stimulatory receptor. Xencor completed enrollment in a Phase 1 study of plamotamab in late 2023. Xencor has been notified that Janssen will terminate its rights to plamotamab under the collaboration and license agreement. Janssen has retained its rights to develop and commercialize B-cell targeting CD28 bispecific antibodies, including JNJ-9401 and JNJ-1493. Under Xencor's two collaboration agreements with Janssen, Xencor and Janssen conducted joint research activities to discover XmAb bispecific antibodies against CD28 and select targets, with Janssen maintaining exclusive worldwide rights to develop and commercialize licensed products identified from the research activities. Janssen has advanced JNJ-9401and JNJ-1493 into Phase 1 clinical studies. Xencor is eligible to receive additional development, regulatory and sales-based milestone payments, and tiered royalties on approved products in the high-single to low-double digit percent range of net sales. Upon clinical proof-of-concept for each program, Xencor has the right to opt-in to fund 20% of development costs or 15% of development costs and to perform up to 30% of detailing efforts in the United States. If Xencor exercises these rights, the Company would then be eligible to receive tiered royalties in the low-double digit to mid-teen percent range.
LFT

Hot Stocks

08:03 EDT Lument Finance Trust raises quarterly dividend to 8c from 7c per share - Lument Finance Trust announced the declaration of a cash dividend of 8c per share of common stock with respect to the second quarter of 2024, which represents a 14% increase over the first quarter of 2024 dividend of 7c per share. The dividend is payable on July 15 to common stockholders of record as of the close of business on June 28.
LDOS

Hot Stocks

08:02 EDT Leidos awarded $738M U.S. Air Force cybersecurity and IT support contract - Leidos was recently awarded a $738M follow-on contract to provide enterprise information technology and telecommunications support, including cybersecurity, to Headquarters Air Force, Headquarters Space Force, Air Force District of Washington, and other Department of the Air Force activities and missions in the national capital region. The single-award, indefinite delivery, indefinite quantity contract has a one-year base period of performance, with four one-year options and one six-month option.
CDT

Hot Stocks

08:02 EDT Conduit Pharmaceuticals to join Russell 3000 Index - Conduit Pharmaceuticals announced the Company is set to join the broad-market Russell 3000 Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024, according to a preliminary list of additions posted by FTSE Russell on Friday, May 24th, 2024.
SONN

Hot Stocks

08:02 EDT Sonnet BioTherapeutics announces generation of two drug candidates - Sonnet BioTherapeutics announced the generation and in vitro characterization of two novel drug candidates, SON-1411 and SON-1400, each containing a modified version of recombinant human interleukin-18. SON-1411 is a proprietary bifunctional fusion protein consisting of IL-18BPR combined with single-chain wild-type IL-12, linked to Sonnet's Fully Human Albumin Binding platform, which will replace SON-1410 as a development target. SON-1400 is a monofunctional fusion protein comprising the same IL-18BPR domain linked to the FHAB. FHAB extends the half-life and biological activity of linked molecules by binding native albumin in the serum and targets the tumor microenvironment through high affinity binding to glycoprotein 60 and the Secreted Protein Acidic and Rich in Cysteine.
AMZN

Hot Stocks

08:01 EDT Amazon commits $230M to generative AI startups - Amazon Web Services announced a $230M commitment for startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence, or AI, and machine learning, or ML, technologies. Part of the new commitment will fund the second cohort of the AWS Generative AI Accelerator, a program that provides hands-on expertise and up to $1M in credits to each of the top 80 early-stage startups that are using generative AI to solve complex challenges. Applications for the AWS Generative AI Accelerator open today and will be accepted until July 19.
ABBV

Hot Stocks

08:01 EDT AbbVie enters license agreement with FutureGen to develop IBD therapy - AbbVie and FutureGen Biopharmaceutical announced a license agreement to develop FG-M701, a next generation TL1A antibody for the treatment of inflammatory bowel disease, or IBD, currently in preclinical development. AbbVie will receive an exclusive global license to develop, manufacture and commercialize FG-M701. FutureGen will receive $150M in upfront and near-term milestone payments and will be eligible to receive up to an additional $1.56B in clinical development, regulatory and commercial milestones, as well as tiered royalties up to low-double digits on net sales.
MOGO

Hot Stocks

08:00 EDT Mogo in deal with with Postmedia Network to launch a new content channel - Mogo announced a new strategic partnership with Postmedia Network, a Canadian news media company representing more than 130 brands across multiple print, online, and mobile platforms, to launch a new content channel with news and information on wealth-building. The channel will be aimed at educating Canadians on how to invest, accumulate wealth, and manage it effectively to achieve their financial goals, addressing a gap in the availability of quality educational content from existing financial services providers. According to the J.D. Power 2023 Canada Retail Banking Advice Satisfaction Study, "Investment and retirement advice is the most frequent type of advice both desired and received by bank customers and interest for this topic is on the rise" . With a joint focus on educating current and future investors, Postmedia is establishing a new digital channel on the Financial Post platform, with distribution extending to other Postmedia properties..."We're very pleased to be renewing our long-running partnership with Mogo as part of this unique initiative," said Andrew MacLeod, President and Chief Executive Officer, Postmedia. "This new channel represents the perfect alignment between Mogo's vision for the future and Postmedia's commitment to delivering indispensable, trusted content to Canadians." Under the new agreement, Mogo will issue 500,000 warrants to Postmedia, each such warrant entitling Postmedia to acquire one Mogo share at a price of $2.15 for a period of three years from the date of issue. Issuance of the warrants is subject to TSX approval.
R

Hot Stocks

08:00 EDT Ryder raises long-term adjusted ROE target to low 20s from high teens over cycle - Ryder System will host its Investor Day in New York City Thursday, June 13. Ryder Chairman & CEO Robert Sanchez and EVP & CFO John Diez, along with other members of the senior leadership team, will provide an in-depth review of Ryder's business transformation and will outline the next phase of the company's balanced growth strategy, which is focused on accelerating profitable growth supported by operational excellence and customer-centric innovation. In conjunction with Ryder's 2024 Investor Day, the company is increasing its long-term adjusted return on equity target to a range of low twenties -- 20% - 22% -- over the cycle, up from its prior target range of high teens -- 17% - 19% -- over the cycle. "The actions we've taken to de-risk the model, increase returns, and drive profitable growth under our balanced growth strategy have enabled Ryder to meaningfully outperform prior cycles. We are confident that our transformed business model, strategic initiatives, and expected benefits from the cycle upturn will enable us to exceed prior peak-cycle returns," says Sanchez.
HUGE

Hot Stocks

07:36 EDT FSD Pharma enters exclusive option agreement with USC - FSD Pharma entered into an exclusive option agreement with the University of Southern California to evaluate dietary supplement technology for commercialization. The option agreement, signed June 11, 2024, allows FSD Pharma to exclusively evaluate the novel technology for a 6-month term. At the end of this term, FSD Pharma will have the option to either extend it for an additional 6 months or to sign an exclusive license for the technology with USC. This novel technology is being evaluated for the potential to further increase the effectiveness of certain ingredients currently present in unbuzzd. unbuzzd is a scientifically formulated blend of vitamins, minerals, and herbs engineered to expedite alcohol metabolism, facilitate faster recovery from alcohol consumption, and simultaneously enhance mental alertness to those individuals who consume it.
RVLGF

Hot Stocks

07:33 EDT Revival Gold provides update on exploration, development program - Revival Gold provided further details and an update on planned exploration and development activities on the Company's gold development projects located in the western United States. Revival Gold has contracted Kappes Cassiday Associates to serve as principal consulting engineering firm to prepare a Preliminary Economic Assessment for the Company's recently acquired Mercur Gold Project in Utah, USA. Completion of the Mercur PEA is targeted for the end of Q1 2025. In support of a PEA, KCA has initiated five-column leach metallurgical tests on geologically representative drill core composites from Mercur. The objective of these tests is to support updated heap leach recovery estimates. Initial results are expected within the next two months. A detailed review of Mercur historical data has been initiated. This includes scanning paper format drill data and reports, including metallurgical test results and production data. The objective of this effort is to make use of all available historical Mercur data to improve the current geological and geochemical model for the project. With the start of spring, Revival Gold's exploration team has resumed field work on the Company's Beartrack-Arnett Gold Project in Idaho, USA. The primary focus of this year's work is on mapping and surface sampling in underexplored areas of the Company's 5,800-hectare land position. A forty-line-km gradient-induced polarization survey has been scheduled to map additional prospective structures within the Leesburg Basin in the Sharkey target area. A forty-line-km ground magnetics survey has been scheduled to cover the Ridge Target designed to better understand the structural environment of favourable drill results from the 2023 drilling program. The exploration team will move over to Mercur later this year to undertake a property-wide assessment, selective geochemical sampling and reconnaissance. Efforts will focus on the stratigraphic section at Mercur to evaluate the favourability of previously underexplored geologic units that host economic gold mineralization. Revival Gold plans to initiate work next quarter on a draft Plan of Operations for Beartrack-Arnett. Meanwhile, work continues to re-evaluate the potential heap leach restart mine permitting schedule and baseline data collection steps for the project.
MMA

Hot Stocks

07:30 EDT Alta Global partners with former UFC fighter Jessica-Rose Clark - Alta Global Group announced a new partnership with esteemed Australian mixed martial artist Jessica-Rose Clark. This collaboration marks another step forward in Alta's mission to engage 640 million MMA fans globally, converting their passion into active participation.
CJEWY

Hot Stocks

07:29 EDT Chow Tai Fook Jewellery 'cautiously optimistic' for FY25 - The company said, "In light of the dynamic and uncertain market conditions, we stay cautiously optimistic for FY2025 and remain confident in the mid- to long- term growth prospects of the Mainland jewellery market and economy, with supportive government policies prioritising economic stabilisation and reviving domestic consumption. We are encouraged by the steady ramp-up and maturity of our performing franchised POS, together with the positive momentum and new perspective brought by our brand transformation, which will continue to support our sales and core operating profit. We shall continue to enhance store productivity and maintain our disciplined cost management to ensure margin resilience in reaching a higher value growth. Meanwhile, we will also stay vigilant in calibrating our financial and operational resources effectively, a strategy that has been successful in navigating through the challenging operating landscape. As we embark on our mid-term transformation journey towards the 100th anniversary, the Group's commitment remains unwavering in uplifting brand desirability and broadening business horizons, while staying focused in executing the five strategic priorities to strengthen long-term competitiveness and industry leadership, supporting us to deliver sustainable growth to our stakeholders."
ELVA

Hot Stocks

07:25 EDT Electrovaya announces update to solid-state battery development - Electrovaya announced an update on its solid-state battery program at its annual Battery Technology Day event. Updates regarding Electrovaya's solid state battery program included the following: Development of a scalable and cost-effective lithium ion conducting ceramic that has demonstrated good performance: ionic conductivity in the range of ~8.10-4 S/cm; and work continues to further improve conductivity and scale up of production. Development of a proprietary separator that uses Electrovaya's in-house ion conducting ceramic material. The separator incorporates a scalable manufacturing process and the Company has made progress in increasing the separator size to meet the needs of commercially viable cells. Progress in the development of pouch cells with stable cycling performance.
NSRCF

Hot Stocks

07:24 EDT NextSource Materials signs mandate letter for $91M debt facility - NextSource Materials announced the signing of a Mandate Letter with International Finance Corporation, the private sector investment arm of the World Bank Group, to lead a senior debt facility totaling $91 million to fund an expansion of the Molo Graphite Mine in southern Madagascar. In December 2023, the Company released the results of a Technical Feasibility Study that confirmed the positive economics of a large-scale expansion of the Molo mine and processing facility from its current production capacity of 17,000 tonnes per annum to 150,000 tpa of SuperFlake graphite concentrate. The FS estimated a capital cost of US$161.7 million plus working capital of US$25.2 million, resulting in a pre-tax NPV8 of US$424.1 million and a pre-tax Internal Rate of Return of 31.1%, and a NPV8 of US$370.0 and IRR of 29.0% on a post-tax basis. IFC has provided indicative financial terms to lead the coordination of the overall debt syndicate with other select commercial banks and development finance institutions. The IFC Debt Facility would fund approximately 50% of the capital costs and working capital requirements for the mine expansion to 150,000 tpa. IFC's mandate to provide financing to NextSource is subject to satisfactory technical, social, legal and environmental due diligence, documentation and execution of acceptable terms, obtaining final credit, and regulatory and board approvals. Due diligence has commenced and is anticipated to complete in Q1 2025.
MRNA

Hot Stocks

07:22 EDT Moderna announces Phase 3 trial of mRNA-1283 met primary efficacy endpoint - Moderna announced that its Phase 3 trial of mRNA-1283, an investigational next-generation COVID-19 vaccine, has met its primary efficacy endpoint, demonstrating non-inferior vaccine efficacy against COVID-19 compared to Spikevax. The Company also announced that higher efficacy was observed in adults 18 years of age and older compared to Spikevax, with a consistent trend observed in the subset of adults age 65 and older. Positive interim immunogenicity results for mRNA-1283 in this study were previously reported in March 2024. The ongoing Phase 3 clinical trial is a randomized, observer-blind, active-controlled study of approximately 11,400 individuals aged 12 years and older. Half of the participants received a 10 undefined dose of mRNA-1283, while the other half received a 50 undefined dose of mRNA-1273. Today's vaccine efficacy data are consistent with the previously announced immunogenicity results from the study, which showed that mRNA-1283 had higher neutralizing antibody responses against both Omicron BA.4/5 and ancestral SARS-CoV-2 than mRNA-1273, with the highest geometric mean titer ratios observed in adults and in the subset of participants aged 65 years and older. In the trial, mRNA-1283 was found to have a similar safety profile to Spikevax. The most commonly solicited side effects were injection site pain, fatigue, headache and myalgia. Moderna's combination vaccine candidate against influenza and COVID-19, mRNA-1083, includes mRNA-1283. That vaccine candidate recently announced positive results in its separate Phase 3 trial. Moderna plans to present the Phase 3 clinical data for mRNA-1283 at an upcoming conference as well as submit it for publication. The Company will also engage with regulators on the next steps for the program.
ASGOF

Hot Stocks

07:20 EDT Asante Gold announces project update for sulphide recovery plant - Asante Gold announcde that the principle, long lead equipment for the Sulphide Recovery Plant planned for installation at the Bibiani Gold Mine are expected to be shipped mid August 2024. This facility is key to the Company's plans to grow gold production at Bibiani to more than 250,000 ounces per year, with cumulative production of 1.2 million ounces of gold over the next five years, with lower all-in sustaining costs, as detailed in the 2024 Bibiani Technical Report. Installation of the Sulphide Recovery Plant is expected to improve gold recovery and have significant impact on the all in sustaining cost per ounce produced and profit margins at Bibiani. Gold recovery from sulphide ore is expected to increase from 70% to approximately 92%.The Company has made substantial progress toward completion of the Sulphide Recovery Plant with 50% of the civil works for the project completed. Fabrication of the long lead equipment has been completed and the items are currently being prepared for shipment to the Bibiani site, with arrival expected mid August 2024. When the Sulphide Recovery Plant is completed, Asante expects to be producing approximately 20,000 ounces of gold per month at Bibiani, which is in line with the Company's long-term plan for the mine. Asante looks forward to the completion of the Sulphide Recovery Plant as the Company works to improve and optimize its operating mines.
DPRO

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07:19 EDT Draganfly enters partnership with First Atlantic Nickel - Draganfly has been selected by First Atlantic Nickel Corp. to utilize its proprietary survey technologies and services to help explore for what could be the first awaruite and district scale nickel project in Atlantic Canada. Working with management and experts at First Atlantic Nickel, Draganfly's drone, sensors and personnel have been specifically tailored to help maximize the potential success of this important project. Awaruite, a highly magnetic nickel-iron alloy, will be the primary target of initial surveys utilizing Draganfly's advanced drone sensors, which will be instrumental in rapidly identifying the strongest zones of awaruite nickel mineralization within the extensive Atlantic Nickel Project.
BAM BN

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07:18 EDT Brookfield opens fundraising for Catalytic Transition Fund - Brookfield Asset Management and Alterra Management Limited announced the launch of the Catalytic Transition Fund focused on directing capital into clean energy and transition assets in emerging economies. With the urgent need to cut emissions and accelerate the climate transition, the Brookfield-managed CTF will harness a $1 billion commitment by ALTERRA funds to catalyze up to $5 billion in total capital for deployment into emerging markets. Since announcing the launch of CTF in December 2023, Brookfield has been focused on developing the investment strategy, identifying an advanced pipeline of potential investments and pre-marketing to potential investment partners. CTF represents a unique private capital approach to crowd in capital for clean energy and transition assets in emerging markets. Managed by Brookfield and driven by the catalytic capital of ALTERRA, it will accelerate decarbonization investments while generating attractive risk-adjusted returns in traditionally underserved emerging markets. ALTERRA is offering a capped return on its CTF commitment, improving the risk-adjusted returns for investors in the Fund and unlocking compelling investment opportunities for private investors. By acting as a catalyst, ALTERRA aims to significantly expand private finance and fuel ambitious new climate strategies in both developing and developed markets. For CTF, the capital raised will be deployed in target emerging markets, including in South and Central America, South and Southeast Asia, the Middle East, and Eastern Europe. At least 10% of the Fund's total capital will be contributed by Brookfield ensuring that its interests align with investment partners. A first close for CTF is expected by the end of 2024.
RGDFF

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07:16 EDT Reunion Gold board recommends securityholders vote for arrangement resolution - Reunion Gold has filed and will commence mailing of the joint management information circular and related materials for its annual general and special meeting of the holders of Reunion Gold common shares and the holders of options to purchase Reunion Gold common shares, to be held at the offices of Stikeman Elliott LLP, located at 5300 Commerce Court West, 199 Bay St. Toronto, Ontario, M5L 1B9, on July 9, 2024, at 10:00 a.m. At the Meeting, Reunion Gold Voting Securityholders will be asked to consider and vote on, among other things, a special resolution approving a statutory plan of arrangement, subject to the terms and conditions of an arrangement agreement dated April 22, 2024, and amended as of June 7, 2024, entered into between Reunion Gold, G Mining Ventures, and Greenheart Gold. Pursuant to the Arrangement, a new entity to be incorporated to hold and manage the combined business of Reunion Gold and GMIN will acquire all of the issued and outstanding common shares in the capital of Reunion Gold and all of the issued and outstanding common shares in the capital of GMIN by way of a proposed plan of arrangement under Section 192 of the Canada Business Corporations Act, in an all-equity business combination transaction. Immediately following the completion of the Arrangement: Reunion Gold Shareholders will receive 0.07125 of a common share of New GMIN and 0.05 of a common share of Spinco for each Reunion Gold Share held; holders of GMIN Shares will receive 0.25 of a New GMIN for each GMIN Share held; Reunion Gold will assign and transfer to Spinco all of its assets other than the Oko West project located in Northwest Guyana, and $15 million in cash; existing Reunion Gold Shareholders and GMIN Shareholders will own approximately 43% and 57%, respectively, of New GMIN on a fully-diluted in-the-money basis prior to a concurrent US$50 million equity financing; and Reunion Gold Shareholders and New GMIN will own 80.1% and 19.9% respectively, of the outstanding Spinco Shares. The Arrangement will require approval by: at least 66 2/3% of the votes cast by the Reunion Gold Shareholders, present in person or represented by proxy at the Meeting; at least 66 2/3% of the votes cast by the Reunion Gold Voting Securityholders, present in person or represented by proxy at the Meeting, voting together as a single class; and a majority of the votes cast by the Reunion Gold Shareholders present in person or represented by proxy at the Meeting, excluding the votes attached to the Reunion Gold Shares in accordance with Section 8.1(2) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Arrangements. Directors and members of senior management of Reunion Gold and La Mancha, as well as two subsidiaries of, and a trust controlled by, Dundee Corporation, who in the aggregate own approximately 29% of the outstanding Reunion Gold Shares, have entered into voting support agreements pursuant to which they have agreed to vote their shares in favor of the Arrangement, subject to the terms thereof. The special committee of the Reunion Gold board of directors formed for the purpose of considering the Arrangement, unanimously determined, after careful consideration, including a thorough review of the Arrangement Agreement, the fairness opinions provided by BMO Capital Markets and SCP Resource Finance LP, and other matters considered relevant, that the Arrangement is in the best interests of Reunion Gold. Accordingly, the Reunion Gold Special Committee unanimously recommended that the Reunion Gold Board approve the Arrangement Agreement and recommend that Reunion Gold Voting Securityholders vote in favour of the Reunion Gold Arrangement Resolution. The Reunion Gold Board unanimously recommends that Reunion Gold Voting Securityholders vote FOR the Arrangement Resolution.
DTEA

Hot Stocks

07:12 EDT DavidsTea enters RTD market with cold brew iced tea - DAVIDsTEA announces the launch of its all-new, ready-to-drink, RTD, cold brew sparkling iced tea beverages, now available in three unique flavours at all DAVIDsTEA flagship stores across Canada and online. "We're making premium tea more accessible than ever before," said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. "While everybody loves the ritual of making a cup of loose leaf tea, the reality is that there are times when you need an easy, on-the-go solution. Our new clean label RTD cold brew sparkling iced tea, crafted with natural and no artificial ingredients, is made for our DAVIDsTEA customers who have followed us for years and have asked for their favourite flavours in this format."
VSTE

Hot Stocks

07:11 EDT Vast, Mabanaft advance Port Augusta green methanol project - Vast announced it has signed a Joint Development Agreement, JDA, with global energy company Mabanaft to advance Solar Methanol 1, SM1, a CSP-powered green methanol reference plant. Located in South Australia at the Port Augusta Green Energy Hub, SM1 will have the capacity to produce 7,500 tonnes of green methanol each year. Methanol is one of the most versatile hydrogen derivatives which, if produced using clean energy, has the potential to decarbonise several hard-to-abate industries, including shipping and aviation.
PLNT

Hot Stocks

07:11 EDT Planet Fitness announces new $500M share repurchase plan - The company announced that its Board of Directors has authorized a new share repurchase program of up to $500M, contingent upon, and effective at the completion of the ASR Agreement, to replace the existing 2022 Share Repurchase Program. The company is not obligated under the program to acquire any particular amount of stock and can suspend or terminate the program at any time.
ASGOF

Hot Stocks

07:11 EDT Asante Gold announces rerouting of Bibiani-Goaso Highway - Asante Gold announces that the Bibiani-Goaso Highway has been rerouted following the recent completion of two detour roads, allowing for the further development of the open pit and the underground at the Bibiani Gold Mine. This vital step advances the Company's plans to grow gold production at Bibiani to more than 250,000 ounces per year, with cumulative production of 1.2 million ounces of gold anticipated over the next five years, at lower all-in sustaining costs, as detailed in the 2024 Bibiani Technical Report. Rerouting the highway gives the Company access to approximately 170,000 ounces of contained gold from the Main Pit in the next 12 months and supports planning to process 250,000 ounces from 2026 fiscal year onwards. The oxide mineralization from near surface at the southern portion of the Main Pit allows higher gold recovery while the Sulphide Recovery Plant is being installed. Re-routing the highway creates the ability to increase monthly production to over 20,000 ounces within eight months. Over the longer term, it supports the Company's plans to explore and extend mine life well into the next decade at Bibiani. Rerouting of the Bibiani-Goaso Highway became possible following the successful planning, design and construction of two detour roads which provide easier access to commuters and represent a major accomplishment for Asante. Planning of the two detour roads required extensive consultation and support of key stakeholders such as Ghana's Ministry of Roads and Transport, the Ghana Highway Authority, the Department of Feeder Roads, Regional Ministry, traditional authorities, local community committees, the Bibiani-Anhwiaso-Bekwai Municipal Assembly, transport organisations, community members and other stakeholders. Asante thanks all stakeholders at Bibiani for their constructive participation in the process.
VYGR VOR

Hot Stocks

07:10 EDT Voyager Therapeutics appoints Jorgensen as CFO - Voyager Therapeutics (VYGR) announced the appointment of Nathan Jorgensen, Ph.D., MBA, as Chief Financial Officer, CFO, effective July 8, 2024. Jorgensen brings to Voyager a breadth of experience spanning investment banking, public and private healthcare investing, sell-side research, and operational roles in biotech, as well as expertise in neuroscience. He most recently served as Chief Financial Officer for Vor Biopharma (VOR).
BRTX

Hot Stocks

07:09 EDT BioRestorative in discussions for potential license agreement for ThermoStem - BioRestorative Therapies reported that it has had substantive discussions with an undisclosed commercial stage regenerative medicine company with regard to a license of BioRestorative's allogeneic, off-the-shelf ThermoStem metabolic intellectual property. No assurances can be given that a license agreement will be entered into whether on commercially reasonable terms or otherwise. The Company does not intend to make any further announcements with regard to the license unless and until an agreement is entered into. "It has been captivating to watch the scale, scope and speed with which potential license partners have begun to show interest in our proprietary off-the-shelf ThermoStem platform," said Lance Alstodt, BioRestorative's Chief Executive Officer. "We are particularly pleased that our pioneering animal studies, which demonstrated that BADSCs show promise in correcting the weight gain and hyperglycemia associated with high fat feeding, and that our 3D scaffolds, which are capable of retaining viable transplanted cells for at least five weeks post-implantation, have attracted the caliber of commercial stage regenerative medicine company with which we are now engaged in substantive licensing discussions."
EVGO...

Hot Stocks

07:09 EDT EVgo: Commercial throughput more than tripled year over year in Q1 - EVgo (EVGO) experienced tremendous growth in rideshare across its nationwide network, with commercial throughput more than tripling from the first quarter of 2023 to the first quarter of 2024. When evaluating usage on EVgo's network, EVgo determined that the average rideshare driver charged approximately 5 times more than the average retail customer during 2023. Rideshare throughput reached 24% of total throughput in the first quarter this year, up from 11% in the first quarter of 2021. As more rideshare drivers transition to driving electric, the amount of electricity dispensed to this group of customers is expected to increase. "Uber (UBER), Lyft (LYFT) and other rideshare companies are taking the lead in driving EV adoption among their large, distributed base of drivers," said Scott Levitan, Executive Vice President of Growth at EVgo. "EVgo is committed to continuing to deploy fast chargers in high-density locations with great amenities to best serve rideshare drivers on the go."
CRML

Hot Stocks

07:09 EDT Critical Metals releases investor webcast on Tanbreez acquisition - Critical Metals announced that a webcast hosted by management is now available on the Investor Relations section of the Company's website. During the webcast, Critical Metals Corp's CEO and Chairman, Tony Sage, discusses the history of the Company, its vision and broader strategy. He explains the importance of Critical Metal Corp's recently announced plans to acquire Tanbreez, one of the world's largest known rare earth assets. Mr. Sage provides an overview of this foundational rare earth asset in addition to an overview of Critical Metals Corp's other projects.
CTSO

Hot Stocks

07:08 EDT CytoSorbents announces launch, availability of PuriFi Blood Pump in E.U. - CytoSorbents announces the launch and immediate availability of its PuriFi hemoperfusion machine in the E.U., following approval and certification under the E.U. Medical Device Regulation, MDR. Vincent Capponi, President and Chief Operating Officer of CytoSorbents said: "We are excited to launch the PuriFi pump, the result of a 2-year development program with our original equipment manufacturer partner, the Medica Group. Innovation is a key growth driver for us and the feature-rich, easy-to-use PuriFi pump exemplifies this. During the past year, we have been diligently preparing for this product launch, including extensive beta testing of the pumps, sales and technical training for both direct sales teams and select distributors, developing new marketing collateral, establishing a hardware and service maintenance program, prioritizing key sales targets, and working with Medica to ensure availability of machines and bloodlines under MDR. We are pleased to finally begin commercialization."
PLNT

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07:07 EDT Planet Fitness announces $280M accelerated share repurchase agreement - Planet Fitness announced that it has entered into a $280M accelerated share repurchase agreement with Citibank, N.A. The company will acquire shares under the ASR Agreement as part of its $500M share repurchase authorization previously announced on November 8, 2022. As of June 13, 2024, before giving effect to the ASR Agreement, approximately $355M remained available for share repurchases pursuant to the 2022 Share Repurchase Program.
EU BQSSF

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07:07 EDT EnCore Energy begins uranium production at its second South Texas project - enCore Energy (EU) announced the startup of production at the Alta Mesa Uranium Central Processing Plant and Wellfield. The initial ramp up will be a progressive process to advance and continually increase uranium production via direct feed to the CPP. enCore is anticipating its first shipment of yellowcake uranium from the Alta Mesa Project to occur in approximately 60 to 90 days. Work has commenced on the second new wellfield at Production Authorization Area 8 with a goal of achieving full operational capacity by 2026. The Alta Mesa Project hosts a fully licensed and constructed CPP and operational wellfield located on 200,000+ acres of private land and mineral rights in and regulated by the state of Texas. Only 5% of the project area has been explored. The Alta Mesa Project operates under a 70/30 joint venture with Boss Energy Limited (BQSSF) that is managed by enCore Energy. Total operating capacity at the Alta Mesa CPP is 1.5 million lbs. uranium per year with additional drying capacity of 0.5 million lbs. Expansion of the wellfield will continue with production to increase from the wellfield as expansion continues through 2024 and beyond.
CLMB

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07:07 EDT Climb Channel Solutions announces partnership with Flashpoint - Climb Channel Solutions, a wholly owned subsidiary of Climb Global Solutions, announced the launch of their partnership with Flashpoint, the industry leader in threat data and intelligence. This strategic partnership aims to empower mission-critical organizations to proactively and decisively confront security and intelligence challenges with the most powerful data at the core, ensuring the safety of people, places, and assets. "As threat actors become smarter, and threats become more complex, it is critical that Climb continues to provide our partners with the best technologies to protect their customers' data," says Dale Foster, CEO of Climb Channel Solutions. "By partnering with Flashpoint, we enable partners and their customers with top threat intelligence solutions to quickly and easily make decisions and take action."
GRTS

Hot Stocks

07:06 EDT Gritstone announces inducement grants under Nasdaq listing rule - Gritstone bio announced that the Compensation Committee of the company's Board of Directors granted one employee nonqualified stock options to purchase an aggregate of 6,850 shares of its common stock with an exercise price of $0.75, which is equal to the closing price of Gritstone's common stock on June 7, 2024, the date of the grant. These stock options are part of an inducement material to the new employees becoming an employee of Gritstone, in accordance with Nasdaq Listing Rule 5635(c)(4). The stock options will vest over a four-year period, with 25% of the options vesting on the first anniversary of the employees' date of hire, and 1/48th of the options vesting monthly thereafter, subject to the employees' continued employment with Gritstone on such vesting dates. The stock options are subject to the terms and conditions of Gritstone's 2021 Employment Inducement Incentive Award Plan and the stock option agreement covering the grant.
LASR

Hot Stocks

07:06 EDT nLight executes LOI for joint strategic technology cooperation with EOS - nLIGHT announced an executed Letter of Intent or LOI to pursue a joint strategic technology cooperation, making nLIGHT's beam shaping lasers available in EOS' metal AM systems. The cooperation between nLIGHT and EOS includes the implementation of a series of complementary laser-based technologies to optimize the AM light engine for robust industrial 3D printing production. nLIGHT and EOS plan to make beam shaping and light engine optimization capabilities available digitally, enabling customers to access different beam profiles via EOS software to activate higher productivity printing. AMCM, an EOS Group company focused on customized AM solutions, has already made the programmable AFX laser available in its metal AM systems. The LOI between nLIGHT and EOS represents an evolution of this relationship. nLIGHT's programmable AFX laser offers seven different beam profiles in a single laser, ranging from an 85 micron spot size for maximum precision contours, to a 210 micron ring profile for faster printing, improved process stability and reduced soot and spatter..."We are always researching industry leading technologies to advance the industrialization of additive manufacturing to meet the emerging application demands and exceed customer expectations," said Marie Langer, CEO of EOS. "The flexibility and performance gains of nLIGHT's beam shaping and laser technologies gives us an unprecedented advancement in metal AM systems and will allow our customers to unleash a new level of productivity." nLIGHT and EOS plan to make the AFX-enabled machines available to customers in late-2024
HEPS

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07:06 EDT Hepsiburada sees Q2 GMV growth around 75% year-over-year - The company said, "For the second quarter of 2024, we expect to deliver IAS 29-Unadjusted GMV growth of around 75% compared to the second quarter of 2023 and IAS 29-Unadjusted EBITDA as a percentage of GMV within the range of 1.8% to 2.0%. In 2024, we intend to remain focused on sustainable and profitable growth with a prudent approach to capital allocation."
BKNG OMC

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07:04 EDT Priceline selects Omnicom's PHD as new media agency of record - Priceline announced the appointment of Omnicom Media Group's PHD as its new brand media agency of record. The announcement follows a competitive review to select a media agency partner to drive customer growth and brand equity for the iconic online travel agency.
DV PINS

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07:04 EDT DoubleVerify expands partnership with Pinterest - DoubleVerify (DV) announced an expanded partnership with Pinterest (PINS) to offer brand safety and suitability measurement. With this release, global advertisers can independently authenticate campaign quality and help protect brand reputation within this engaging, user-generated online media environment.
RGEN

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07:04 EDT Repligen announces CEO Hunt transition to Executive Chair, Loeillot to succeed - Repligen announced that its Board of Directors has approved the planned transition of Tony Hunt from Chief Executive Officer, CEO, to Executive Chair, effective September 1, 2024. The Company's Board has appointed Olivier Loeillot to succeed Mr. Hunt in the role of President and CEO, also effective September 1, 2024. At the same time, Loeillot, who joined the Company in October 2023 as President and Chief Commercial Officer, will join the Repligen Board, while current Board Chair Karen Dawes will assume the role of Lead Independent Director.
CSIQ DHI

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07:04 EDT D.R. Horton to offer Canadian Solar PV panels in California communities - Canadian Solar (CSIQ) has entered into an agreement with D.R. Horton (DHI) to offer its solar and energy storage products across communities in California. Canadian Solar will provide a total home energy battery back-up solution, which includes both its solar panels and residential energy storage system, EP Cube. This solution allows homeowners in D.R. Horton communities to store self-generated solar energy.
ALDX

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07:03 EDT Aldeyra completes enrollment in reproxalap trial - Aldeyra announced the completion of enrollment in a Phase 3 dry eye chamber clinical trial of topical ocular 0.25% reproxalap, an investigational RASP modulator, for the treatment of dry eye disease. The trial is designed to enable potential resubmission of a dry eye disease New Drug Application, or NDA, in the second half of 2024.
IAS PINS

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07:01 EDT Integral Ad Science announces partnership with Pinterest - Integral Ad Science (IAS) announced a partnership with Pinterest (PINS) to provide global advertisers with greater transparency into campaigns across Pinterest's in-app feed through IAS's AI-driven Total Media Quality Brand Safety and Suitability product. As part of Total Media Quality for Pinterest, advertisers get access to Viewability, Invalid Traffic, and Brand Safety Measurement within IAS Signal, the unified reporting platform that delivers the data and insights advertisers need to easily manage their digital campaigns. This enhancement expands on IAS's partnership with Pinterest, which offered Viewability and Invalid Traffic Measurement across display and video inventory in 2023.
KTTA

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07:01 EDT Pasithea Therapeutics begins dosing cohort 2 in Phase 1 trial of PAS-004 - Pasithea Therapeutics announced that an independent Safety Review Committee has completed its safety review of data from the first dose cohort treated in the ongoing Phase 1 clinical trial of PAS-004 in patients with MAPK pathway driven advanced solid tumors with a documented RAS, NF1 or RAF mutation or patients who have failed BRAF/MEK inhibition. The SRC recommended that the trial escalate to the next dose level - 4mg - without modifications. This recommendation was based on the absence of any dose limiting toxicities or clinically relevant treatment-emergent adverse events in the initial cohort of 3 patients. The company has now completed enrollment and initial dosing of 3 patients in the second cohort. The company expects to present initial safety and pharmacokinetic data in Q3. The primary objective of the study is to assess the safety and tolerability of PAS-004, with secondary objectives including PK and PD parameters, an evaluation of the preliminary anticancer activity of PAS-004 and defining the preliminary recommended Phase 2 dose.
TIXT

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06:49 EDT Telus International to rebrand, become 'Telus Digital Experience' - Telus International announced it is rebranding to "Telus Digital Experience." The rebrand, expected to be completed in the third quarter of 2024, reflects the company's evolved business strategy to become the AI-fueled CX partner of choice for global and disruptive brands and fortifies its role as a forward-thinking industry leader focused on continued technological advancement and innovation.
B RTX

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06:47 EDT Barnes Aerospace, Pratt & Whitney Canada sign long-term agreement - Barnes Aerospace, a business of Barnes (B), and RTX's (RTX) Pratt & Whitney Canada announced a significant milestone: a long-term extension of a repair services agreement. As industry leaders in aerospace aftermarket solutions, the companies are committed to partnering on the maintenance, repair, and overhaul of highly complex parts used in aero engine cases, rotating components, shrouds, and seals. The newly signed extension continues Barnes Aerospace's and Pratt & Whitney Canada's longstanding business relationship, which dates back to the 1970s. The agreement allows the companies to collaborate further on developing repairs for new and existing aerospace engines.
LEV

Hot Stocks

06:40 EDT Lion Electric announces final certification for LionBattery HD - Lion Electric announced the successful final certification for its heavy-duty battery pack, the LionBattery HD, a lithium-ion battery pack specifically designed for the company's purpose-built heavy-duty trucks.
QTRHF

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06:38 EDT Quarterhill M5 Speed enforcement camera gains approval in Germany, Austria - Quarterhill announced that its subsidiary, VDS Verkehrstechnik, has been awarded a homologation certificate by the Physikalisch-Technische Bundesanstalt Nationales Metrologieinstitut, Germany's renowned national metrological institute, and a certificate renewal by Bundesamt fur Eich- und Vermessungswesen, Austria's Federal Office of Metrology and Surveying. These certifications will pave the way for German and Austrian sales of the M5 Speed enforcement camera.
MMM

Hot Stocks

06:37 EDT 3M to transfer $2.5B of defined benefit pension obligations to Met Tower Life - 3M announced that it purchased a group annuity contract and will transfer a portion of its U.S. pension payment obligations under the 3M Employee Retirement Income Plan, or ERIP, to Metropolitan Tower Life Insurance Company, an insurance company. Under the contract, 3M will transfer approximately $2.5B of its defined benefit pension obligations and related plan assets for approximately 23,000 U.S. retirees and beneficiaries to Met Tower Life. This represents approximately 60% of ERIP retiree participants. The contract was purchased using assets from 3M's ERIP trust and no additional funding contribution was required as part of this transaction. On October 1, Met Tower Life will begin paying and administering the retirement benefits of the retirees and beneficiaries included in this annuity transfer. This change will not affect the number of individuals' monthly benefit payments. This decision does not impact current employees. Retirees and beneficiaries who are included in this annuity transfer will be notified this month. In connection with this transaction, the company expects to recognize an estimated non-cash pre-tax non-operating pension settlement charge of between $0.8B and $0.9B in the quarter ending June 30. The actual settlement charge will depend on finalization of actuarial assumptions, including discount rate, as well as the fair value of plan assets as of the measurement date. 3M will exclude this settlement charge in arriving at non-GAAP results. Therefore, it will not impact the company's second quarter or full year 2024 adjusted net income or adjusted free cash flow.
MRC XOM

Hot Stocks

06:32 EDT MRC Global selected by Exxon as primary pipe, valves and fitting provider - MRC Global (MRC) subsidiary MRC Global has signed an agreement to be the primary provider of pipe, valves and fitting products and services to ExxonMobil (XOM) in North America. The agreement includes all of ExxonMobil's North America upstream and downstream facilities for maintenance, repair and operations as well as project work.
EVTV

Hot Stocks

06:26 EDT Envirotech Vehicles sells six buses in Arkansas, 19 in Texas - Envirotech Vehicles announced that the company has sold six of its buses in Arkansas and 19 in Texas in conjunction with the Environmental Protection Agency, or EPA, award announced on January 25. The EVT school bus, the "Bumble Bee" currently rolls out of our manufacturing facility in Osceola, Arkansas. The bus, although a couple behind schedule, is now ready to commence its tour across the state of Arkansas and demonstrating its abilities to the six new school districts that have purchased the bus in Arkansas. Shortly thereafter the Bumble Bee will continue its journey into Texas where it will begin its presentation to various school boards and school districts where an additional 19 Bumble Bee buses have been sold in addition to the six that have been sold in Arkansas.
MDB

Hot Stocks

06:10 EDT MongoDB teams with Bendigo, Adelaide Bank to modernize core banking technology - MongoDB announced that Bendigo and Adelaide Bank has partnered with MongoDB to modernize its core banking technology with MongoDB Atlas as the keystone of an ambitious application modernization initiative. During the initiative, the bank: reduced the development time required to migrate a core banking application off of a legacy relational database to MongoDB Atlas by up to 90%. Migrated onto MongoDB Atlas at one-tenth of the cost of a traditional legacy-to-cloud migration. Automated repetitive developer tasks with new AI tooling in order to accelerate developers' pace of innovation.
IAS RDDT

Hot Stocks

06:08 EDT Integral Ad Science partners with Reddit to provide AI-driven measurement - Integral Ad Science (IAS) announced a partnership with Reddit (RDDT) to provide advertisers with the confidence to scale their campaigns across Reddit through IAS's AI-driven Total Media Quality product suite. The partnership will give advertisers an additional layer of trusted, third-party transparency in their investment on Reddit as they reach and engage with the platform's 100,000+ interest-based, intent-driven communities. Global Reddit advertisers will have access to IAS's reliable, independent Brand Safety and Suitability, Viewability, and Invalid Traffic measurement to safeguard and scale their campaigns across Reddit.
BEEM

Hot Stocks

06:05 EDT Beam Global's solar EV charging systems selected by city of Vacaville, CA - Beam Global announced that the City of Vacaville has deployed three EV ARC solar-powered EV charging systems for use by the general public. The order aligns with the City of Vacaville's continued commitment to sustainable energy and conservation efforts with its General Plan and Energy and Conservation Action Strategy. Beam EV ARC systems are deployed with no electrical work, no construction and no utility bill, reducing the City's costs by eliminating construction, electrical upgrades, operational disruptions and ongoing utility bills.
NEXT

Hot Stocks

06:04 EDT NextDecade, Aramco units execute non-binding Heads of Agreement for LNG SPA - Aramco and NextDecade announced that their respective subsidiaries have executed a non-binding Heads of Agreement for a 20-year liquefied natural gas sale and purchase agreement for offtake from Train 4 at the Rio Grande LNG Facility at the Port of Brownsville, Texas, USA. Under the terms of the HoA, Aramco expects to purchase 1.2M tonnes per annum of LNG for 20 years on a free on board basis, at a price indexed to Henry Hub. Aramco and NextDecade are currently in the process of negotiating a binding agreement, and once executed, the effectiveness of which will be subject to a positive Final Investment Decision on Train 4.
BITF

Hot Stocks

06:03 EDT Bitfarms signs agreement to develop up to 120 MW in the U.S. - Bitfarms announced an agreement to develop up to 120 MW of power capacity and lease a site in Sharon, Pennsylvania. The power supply dynamics offer load flexibility suitable for Bitcoin mining, along with opportunities for participation in demand response and other curtailment programs, enabling Bitfarms to improve its corporate electricity price and further diversify its revenue streams. This U.S. expansion raises the company's 2025 power capacity to 648 MW, 170% growth from current capacity and 47% growth from targeted year-end 2024 capacity, and the company projects 2025 guidance of over 35 EH/s. The existing structure will be retrofitted with the expectation of bringing 12 MW online in Q4 2024 and the remaining load online in the second half of 2025. Immediate capacity for 12 MW with development capacity up to 120 MW in 2025.
ACIW

Hot Stocks

06:01 EDT ACI Worldwide announces $400M share repurchase plan - ACI Worldwide announced that its Board of Directors has authorized the repurchase of $400M in shares of the company's common stock. The new approval includes $65M remaining under the company's existing share repurchase authorization. Year to date 2024, ACI has repurchased approximately 3M shares for $106M. This authorization does not expire.
TSLA

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05:32 EDT Tesla jumps 5% to $186.97 after Musk says pay package passing by 'wide margin'
AGEN

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05:29 EDT Agenus publishes results from botensilimab trial in Nature Medicine - Agenus has published results from a clinical trial in Nature Medicine, revealing the potential of a novel immunotherapy combination for treating microsatellite stable metastatic colorectal cancer, a cancer type historically resistant to immunotherapy. This pioneering research, led by an international team of oncologists, focuses on the efficacy and safety of botensilimab, or BOT, an Fc-enhanced anti-CTLA-4 antibody, in combination with balstilimab, or BAL, an anti-PD-1 antibody. Together, these therapies are designed to activate the immune system against a cancer type historically resistant to immunotherapy. For the 95% of patients diagnosed with MSS mCRC, there are no approved immunotherapies, making long-term survival exceedingly rare. The Phase 1 trial assessed 148 heavily pretreated MSS mCRC patients treated with the combination at active doses; 101 of these with long term follow-up, and 77 of these without active liver metastases as of the data cutoff of November 29, 2023. There were no treatment related deaths in patients treated with the combination BOT/BAL, and side effects were manageable and consistent with immunotherapies. In the 77 patients without active liver metastases with a median follow-up of 13 months, the objective response rate, or ORR, was 22% and a majority of these responses were ongoing. Noteworthy are the durable responses observed in those without active liver metastases, with a median Duration of Response, or DOR, not yet reached and the majority of patients alive at one year. In a recent press release, Agenus disclosed updated results as of the data cutoff of March 1. At that time, the ORR had increased to 23% in the 77 patients, with a median follow up of 13.6 months. The median duration of response in the 18 responders was still not reached. The estimated 12-month and 18-month OS rates were 71% and 62%, respectively. The median OS was 21.2 months. The most common safety observations were immune-related diarrhea or colitis, which were managed in accordance with standard therapies. A randomized Phase 2 study to confirm the comparative safety and efficacy of the BOT and BAL combination has completed enrollment and will be included in an upcoming discussion with the FDA at a scheduled End-of-Phase 2 Meeting in July. A Phase 3 trial is planned to initiate later this year.
TSLA

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05:27 EDT Musk says both Tesla shareholder resolutions 'passing by wide margins' - Tesla CEO Elon Musk said overnight via X that both Tesla "shareholder resolutions are currently passing by wide margins!" Shareholders are voting on Musk's compensation package as well as the company reincorporating to Texas. Reference Link
JG

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05:23 EDT Aurora Mobile provides business update on AI Bots platform - Aurora Mobile provided a business update on its AI Bots platform, GPTBots. Further to the Q4 2023 updates provided in February, there have been great progress made in the first quarter of 2024 by the GPTBots. On the heels of the great Q4 2023 momentum, the GPTBots registered users number has exceeded 19,000 as of March 31, representing a 90% growth quarter-over-quarter, with more than 85% originated internationally. However, as this business is at an early stage, the revenue contribution to the company for the quarter ended March 31 is very insignificant. Weidong Luo, chairman and CEO of Aurora Mobile, commented, "We are pleasantly surprised with the 90% quarter-over-quarter growth in registered user number. These 19,000++ registered users originated from more than 160 countries throughout the world and from varied industry verticals. With the ease of use and yet powerful features, our GPTBots is helping global businesses to have their very own AI bots to improve productivity."
NOK

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05:18 EDT Nokia appoints Lorna Gibb chief people officer, Ricky Corker to step down - Nokia announced the appointment of Lorna Gibb as chief people officer and member of the group leadership team, effective immediately. In addition, Ricky Corker, who has served as Nokia's chief customer experience officer since 2021, will step down and leave the company effective June 28. Lorna Gibb joined Nokia in 2020 and has been Nokia's interim chief people officer since March. Gibb will be based in Finland and reports to Nokia's president and CEO, Pekka Lundmark. In addition, Ricky Corker, who has served as Nokia's chief customer experience officer since 2021, will step down and leave the company on June 28. Corker's departure follows Nokia's decision to increase operational autonomy and move into a streamlined operating model, where the customer experience organization has been embedded into the business groups from the start of 2024.
MDLZ

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05:12 EDT Mondelez, Lotus Bakeries announce Biscoff cookie brand partnership in India - Mondelez and Lotus Bakeries announced a strategic partnership to expand and grow the Lotus Biscoff cookie brand in India, and to develop new chocolate products combining the Biscoff taste and texture with Mondelez's Cadbury, Milka and other key chocolate brands in Europe, with the option to expand globally. This partnership provides new opportunities for both companies to accelerate their growth ambitions in the attractive cookie and chocolate categories, with potential options to expand into additional markets and/or adjacent segments. Through this partnership, Mondelez will leverage its extensive distribution network and local market presence to manufacture, market, distribute and sell Biscoff cookies in India. Lotus Bakeries aims to achieve visibility and sales growth in this high-potential market, while Mondelez will build upon its already strong presence in both traditional and modern trade to expand its cookie offerings into high-demand premium spaces. In addition to growing Biscoff in India, the two companies will work together to develop and market co-branded chocolate products in other markets. While specific formats are still in the early stages of development, the companies aim to bring new innovations to the chocolate category that will surprise and delight consumers. The first co-branded products are expected to launch in early 2025, with Cadbury and Biscoff in the United Kingdom, as well as Milka and Biscoff in Europe.
STLA

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05:07 EDT Stellantis backs AOI, free cash flow and capital return targets at investor day - At the first Stellantis investor day in Auburn Hills, Michigan, CEO Carlos Tavares will outline the company's nine key strategic differentiators. CFO Natalie Knight and other members of the top executive team will share updates on the company's regions, functions and brands. Stellantis management confirms its 2024 financial guidance and capital return plan: double-digit adjusted operating Income, or AOI, margin and positive industrial free cash flows. Delivering EUR 7.7B in dividends and buybacks in 2024. CFO Natalie Knight will reiterate more specific color on first and second-half expectations within the 2024 period: first half outlook of 10%-11% AOI margin, with industrial free cash flows visibly below the prior year period. Significant product launches, cost initiatives and anticipated improvement in working capital together support H2 sequential improvement opportunity in AOI and industrial free cash flow. Stellantis is also updating its capital plan in several significant ways: setting target liquidity levels of 25%-30% of revenues for the medium-term, shifting focus to capital efficiency and supporting strong shareholder returns. The company will continue to use share buybacks and ordinary dividends to return excess cash to shareholders. In 2025, Stellantis will target the upper range of its 25-30% dividend payout policy vs. 25% in recent years.