Stockwinners Market Radar for June 26, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

YYAI

Hot Stocks

19:50 EDT Connexa Sports Technologies Inc trading halted, news pending
RIGL

Hot Stocks

19:50 EDT Rigel Pharmaceuticals trading halted, news pending
CALC

Hot Stocks

19:37 EDT CalciMedica jumps 21% after announcing conference call review Auxora trial - Shares of CalciMedica are up 21% afterhours at $5.65. Earlier this afternoon, the company announced that it will host a conference call on Thursday, June 27, 2024 at 8:30 a.m. ET/ 5:30 a.m. PT to discuss topline data from the Company's Phase 2b CARPO trial of Auxora in acute pancreatitis with accompanying systemic inflammatory response syndrome.
CHWY

Hot Stocks

19:31 EDT Chewy announces $500M repurchase of shares from BC Partners - Chewy announced that it has agreed to repurchase an aggregate of 17,550,000 shares of its Class A common stock, par value $0.01 per share, at a price per share of $28.49, which represents a 5.0% discount to yesterday's closing price, resulting in an aggregate repurchase price of approximately $500 million from Buddy Chester Sub LLC, which is an entity affiliated with funds advised by BC Partners Advisors LP , Chewy's largest shareholder. The repurchased shares will be cancelled and retired upon completion of the Repurchase.
ABBV GMAB

Hot Stocks

23:19 EDT FDA grants second approval for EPKINLY in r/r follicular lymphoma - AbbVie (ABBV) "announced that the FDA has approved EPKINLY, or epcoritamab-bysp, as the first and only T-cell engaging bispecific antibody administered subcutaneously for the treatment of adults with relapsed or refractory follicular lymphoma after two or more lines of prior therapy. This indication is approved under the FDA's Accelerated Approval program based on overall response rate and durability of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial(s). Epcoritamab is being co-developed by AbbVie and Genmab (GMAB) as part of the companies' oncology collaboration. The companies will share commercial responsibilities in the U.S. and Japan, with AbbVie responsible for further global commercialization. FDA approval is based on results from the Phase 1/2 EPCORE NHL-1 clinical trial, which evaluated the safety and efficacy of EPKINLY in 127 adult patients with R/R FL who previously received a median of three lines of therapy and with 70% having double refractory disease. Results and safety findings include: The study results showed an overall response rate - the study's primary endpoint - of 82%, a complete response rate of 60% and a partial response rate of 22%. At a median follow-up of 14.8 months among responders, more than half of patients who responded to treatment in the study remained responsive to treatment. The safety of EPKINLY at a target dose of 48 mg was evaluated in EPCORE NHL-1, a single-arm study of 127 patients who received a 2-step up dosage schedule. The most common (greater than or equal to20%) adverse reactions were injection site reactions, cytokine release syndrome, COVID-19, fatigue, upper respiratory tract infection, musculoskeletal pain, rash, diarrhea, fever, cough, and headache. A separate dose optimization cohort evaluated 86 patients at the recommended 3-step dosage schedule for CRS mitigation. For the first full dose of this 3-step regimen, mandatory hospitalization was not required. There were no grade 3 CRS observed in patients with FL who received EPKINLY with the 3 step-up dosage schedule."
ABBV GMAB

Hot Stocks

23:08 EDT FDA grands second approval for AbbVie's EPKINLY in follicular lymphoma Genmab - AbbVie (ABBV) "announced that the FDA has approved EPKINLY, or epcoritamab-bysp, as the first and only T-cell engaging bispecific antibody administered subcutaneously for the treatment of adults with relapsed or refractory follicular lymphoma after two or more lines of prior therapy. This indication is approved under the FDA's Accelerated Approval program based on overall response rate and durability of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial(s). Epcoritamab is being co-developed by AbbVie and Genmab (GMAB) as part of the companies' oncology collaboration. The companies will share commercial responsibilities in the U.S. and Japan, with AbbVie responsible for further global commercialization."
SUZ IP

Hot Stocks

23:05 EDT Suzano will not pursue acquisition of International Paper - The company states: "Suzano (SUZ), in compliance with of Law No. 6.404, of December 15th, 1976, as amended, Resolution No. 44, of August 23rd, 2021, and CVM Resolution No. 80, of March 29th, 2022, as amended, in line with the best corporate governance practices and following up on the Material Fact disclosed on May 22nd, 2024, informs its shareholders and the market in general that, after some negotiations with the International Paper (IP) regarding a potential transaction between the companies, the Company has reached what it believes to be the maximum price for the transaction to generate value for Suzano, without engagement from the other party. Therefore, in observance of its commitment to capital discipline, Suzano formalizes that it will not pursue a transaction involving the acquisition of International Paper. It is important to emphasize that it has always been a condition of Suzano for the completion of this transaction that the engagement between the parties be based on private, confidential, and amicable terms. As it was not possible to proceed in this manner, Suzano has decided to terminate the negotiations.
ABNB

Hot Stocks

18:56 EDT Airbnb CEO sells $17.2M in common stock - In a regulatory filing, Airbnb disclosed that its CEO Brian Chesky John McMahon sold 115K shares of common stock on June 24th in a total transaction size of $17.2M.
MDB

Hot Stocks

18:55 EDT MongoDB director sells $2.28M in common stock - In a regulatory filing, MongoDB disclosed that its director John McMahon sold 10K shares of common stock on June 24th in a total transaction size of $2.28M.
PAYX

Hot Stocks

18:50 EDT Paychex CEO: We had very solid results in Q4 - In an interview on CNBC's Mad Money, John Gibson said growth accelerated in 2H24 and the company is well positioned heading into FY25. He sees moderate growth for small business and expects labor inflation to continue to moderate. He noted that the lessons learned during the pandemic have made employers very careful with their hiring practices.
NVX

Hot Stocks

18:31 EDT Novonix granted patent for all-dry cathode synthesis in Japan - Novonix has been granted a patent for its proprietary all-dry, zero-waste cathode synthesis technology in Japan. This patent utilizes Novonix's all-dry, zero-waste cathode processing to produce single-crystal NMC powders. The company currently has 10 families of cathode process patent applications in various stages of examination across different jurisdictions.
GMAB

Hot Stocks

18:00 EDT Genmab's Epkinly gets FDA accelerated approval for lymphoma - On June 26, the Food and Drug Administration granted accelerated approval to epcoritamab-bysp or Epkinly, a bispecific CD20-directed CD3 T-cell engager, for adult patients with relapsed or refractory follicular lymphoma, FL, after two or more lines of systemic therapy. Efficacy and safety were evaluated in EPCORE NHL-1 an open-label, multi-cohort, multicenter, single-arm trial that included 127 patients with relapsed or refractory FL after at least 2 lines of systemic therapy. The primary efficacy and safety were based on 127 patients who received a 2 step-up dosing regimen. A separate dose optimization cohort of 86 patients evaluated the recommended 3-step up dosage schedule for cytokine release syndrome, CRS ,mitigation. Reference Link
ULS

Hot Stocks

17:56 EDT UL Solutions to build Advanced Automotive and Battery Testing Center in Korea - UL Solutions "announced plans to construct a new Advanced Automotive and Battery Testing Center in Pyeongtaek, Gyeonggi-do, Korea, expanding current UL Solutions battery testing capacity in the region and adding electric vehicle charger testing and other capabilities. To serve customers across the Asia Pacific region, the center, expected to open in the second half of 2025, will help strengthen Korea's EV industry, respond to increased demand from new and existing customers, and provide faster access to safety and performance testing and other services. The new facility, construction of which is subject to local government approvals, including zoning, will provide expanded EV battery testing capacity. This laboratory will leverage the technology used in the recently opened UL Solutions Korea Advanced Battery Laboratory in Pyeongtaek to test for reliability and performance. Plans also include an EV charger testing laboratory and an EV battery material laboratory. In addition, the center will be built to test automotive plastic safety, including flammability and performance, with technology in use in UL Solutions in the U.S."
BMRC

Hot Stocks

17:48 EDT Bank of Marin sells $293M in AFS in strategy to 'improve future earnings' - Bank of Marin announced that it sold $293M in available-for-sale securities, AFS, as part of a strategy designed to improve future earnings, drive earnings per share,EPS, growth, and increase its return on equity. "Our robust capital levels allow us to proactively reposition our balance sheet, which will create additional value for the Bank and our shareholders through increased earnings and improved net interest margin," said Tim Myers, Bank of Marin president and CEO. "We have already redeployed some of the proceeds and expect to reinvest the remainder into higher yielding loans and short-duration securities." The securities sold represented 56% of the AFS portfolio and had an average yield of 1.94%. The sale will result in an estimated after-tax loss of approximately $23M that will be recorded in the second quarter of 2024. Assuming a 5.75% average yield on reinvestment, the securities repositioning is expected to have an approximate 3-year capital earn back and contribute approximately 30 basis points to annualized net interest margin beginning third quarter, resulting in 46c estimated earnings per share accretion over the next four quarters. Management believes that the execution of this strategy positions Bank of Marin well for future profitable growth and will further enhance the value of the franchise...
REGN SNY

Hot Stocks

21:33 EDT Regeneron/Sanofi announce NEJM publication of Dupixent Phase 3 EoE results - The company states: "Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced the New England Journal of Medicine, or NEJM, has published results from a positive Phase 3 trial for Dupixent, or dupilumab, in children aged 1 to 11 years with eosinophilic esophagitis, or EoE. The trial showed a greater proportion of those receiving weight-tiered higher dose Dupixent experienced significant improvements in many key disease measures of EoE, compared to placebo at week 16. Data from the trial were the basis for the U.S. Food and Drug Administration Priority Review and approval of Dupixent in children aged 1 to 11 years with EoE weighing at least 15 kg, as well as for the regulatory submission that is currently under review by the European Medicines Agency for this age group. EoE is a chronic, progressive disease associated with type 2 inflammation that is thought to be responsible for damaging the esophagus and impairing its function. Diagnosis is difficult, as symptoms can be mistaken for other conditions and there are delays in diagnosis. EoE can severely impact a child's ability to eat and may also cause abdominal pain, trouble swallowing, heartburn, vomiting and failure to thrive. Continuous management of EoE may be needed to reduce the risk of complications and disease progression. As published, a significantly greater proportion of children receiving either a weight-tiered higher or lower dose regimen of Dupixent achieved histologic remission at week 16 in Part A of the trial, compared with placebo. Additionally, those treated with higher dose Dupixent experienced significant improvements in disease severity assessed by endoscopic measures, with improvements sustained for up to one year. Those receiving lower dose Dupixent experienced improvements that were either comparable or numerically lower than the higher dose group. Dupixent also led to a numerical improvement in body weight for age percentile by week 16 that was sustained at one year, which was evaluated as an exploratory endpoint in Part A and a secondary endpoint in Part B. Safety results were generally consistent with the known safety profile of Dupixent in adolescents and adults with EoE. Adverse events more commonly observed with Dupixent (10%) in either weight-based dosing regimen versus placebo in the trial were COVID-19, nausea, injection site pain and headache during Part A. The long-term safety profile of Dupixent in children aged 1 to 11 years through Part B was similar to that observed during Part A. In Part B, one case of helminth infection was reported with Dupixent."
BGNE

Hot Stocks

17:31 EDT BeiGene's Xiaobin Wu sells over $233K in company shares - BeiGene President Xiaobin Wu disclosed the sale of 1,459 shares of company stock at $159.79 per share on June 24, for a total transaction amount of $233,133.
VRNA

Hot Stocks

17:30 EDT Verona Pharma trading resumes
BA

Hot Stocks

17:20 EDT Boeing awarded $115.16M USSOCOM contract modification - Boeing was awarded a $115.16M firm-fixed-price modification to an existing delivery order for procurement of MH-47G renew build rotary wing aircraft in support of the U.S. Special Operations Command, or USSOCOM. This order is funded with fiscal 2024 procurement, defense-wide and aircraft procurement, Army funds. The majority of the work will be performed in Ridley Park, Pennsylvania, and is expected to be completed by July 2027. This contract was awarded through a noncompetitive modification to an existing delivery order in accordance with Federal Acquisition Regulation 6.302-1. USSOCOM is the contracting activity.
AEP

Hot Stocks

17:19 EDT American Electric appoints Bill Fehrman as President and CEO - American Electric elected William Fehrman as President and CEO, effective Aug. 1. Fehrman most recently served as president and CEO of Centuri Holdings. Prior to that, he was president and CEO of Berkshire Hathaway Energy. Fehrman also led MidAmerican Energy Company, PacifiCorp Energy and Nebraska Public Power District as president and CEO. Fehrman will succeed Ben Fowke, who has been serving as interim CEO since February. Fowke, who was elected to the Board in 2022 and will continue as a board member, will serve as a senior advisor for several months to ensure a smooth transition. AEP also announced that Linda Goodspeed is retiring from AEP's Board of Directors, effective July 31.
LMT

Hot Stocks

17:19 EDT Lockheed Martin awarded $534M Navy contract modification - Lockheed Martin was awarded a cost-plus-incentive-fee and cost-plus-fixed-fee unpriced letter contract modification with a not-to-exceed amount of $534M under contract. This effort will support systems engineering and development and testing for the Conventional Prompt Strike. The modification will also incorporate an optional line item which, if exercised, would increase the value, and not-to-exceed amount, to $570M. Work under this undefinitized contract is expected to be completed on June 19, 2025. FY24 research, development, test and evaluation funds in the amount of $115M will be obligated upon award. No funds will expire at the end of the current fiscal year. This contract is being awarded to the contractor on a sole source basis under 10 U.S. Code 2304(c)(1) and was previously synopsized on the System for Award Management online portal. Strategic Systems Programs is the contracting activity.
CTRI

Hot Stocks

17:16 EDT Centuri CEO Bill Fehrman stepping down - Centuri Holdings (CTRI) announced Bill Fehrman will be stepping down as president and CEO to take the CEO role at American Electric Power ( AEP), one of the nation's largest publicly traded utility companies. He will continue in his role as President and CEO of Centuri until July 31. The Centuri board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and senior advisor to the CEO and prior Centuri advisory board member, to succeed him as interim president and CEO. Additionally, Fehrman will remain on Centuri's board until the company transitions to a permanent CEO.
GOOG GOOGL

Hot Stocks

21:09 EDT Google debuts 5 new Chrome features to help you search on mobile - Nick Kim Sexton, Product Manager, Chrome, wrote in part earlier on Google's Keyword: "Looking something up on mobile should be just as smooth as if you were in front of your computer. Today we're announcing five updates to Chrome on Android and iOS to make it even easier to search from your phone or tablet: More Chrome Actions to reach local places; Redesigned address bar on tablets; New shortcut suggestions;Trending searches in Chrome on iOS 5 and New sports cards in Chrome's Discover Feed." Reference Link
IIIV

Hot Stocks

17:01 EDT i3 Verticals to sell merchant of record payments business for $440M - i3 Verticals and Payroc WorldAccess announced that the companies have entered into a definitive agreement whereby Payroc will acquire i3 Verticals' merchant of record payments business, including its associated proprietary technology, in an all-cash transaction for $440M, subject to certain purchase price adjustments. The transaction is subject to closing conditions as set forth in the definitive agreement, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The closing is expected to occur sometime in i3 Verticals' fiscal fourth quarter.
NUVB

Hot Stocks

17:00 EDT Nuvation Bio director buys $825.3K in common stock - In a regulatory filing, Nuvation Bio disclosed that its director Xiangmin Cui bought 278K shares of common stock on June 25th in a total transaction size of $825.3M.
VRNA

Hot Stocks

17:00 EDT Verona Pharma announces FDA approval of Ohtuvayre - Verona Pharma announces the U.S. FDA approved Ohtuvayre for the maintenance treatment of chronic obstructive pulmonary disease in adult patients. Ohtuvayre is the first inhaled product with a novel mechanism of action available for the maintenance treatment of COPD in more than 20 years. The company is fully staffed to launch and expects Ohtuvayre to be available in the third quarter 2024 through an exclusive network of accredited specialty pharmacies.
VRNA

Hot Stocks

16:59 EDT Verona Pharma announces FDA approval of - Verona Pharma announces the U.S. FDA approved Ohtuvayre for the maintenance treatment of chronic obstructive pulmonary disease in adult patients. Ohtuvayre is the first inhaled product with a novel mechanism of action available for the maintenance treatment of COPD in more than 20 years. The company is fully staffed to launch and expects Ohtuvayre to be available in the third quarter 2024 through an exclusive network of accredited specialty pharmacies.
HCP

Hot Stocks

16:59 EDT HashiCorp's Dadgar sells $708K in company shares - HashiCorp director Armon Dadgar disclosed in a filing that had sold 21,137 shares of company stock at $33.48 per share on June 24, for a total transaction amount of $707,576.
MKC

Hot Stocks

16:57 EDT McCormick names Marcos Gabriel CFO - McCormick & Company announced the promotion of Marcos Gabriel to Executive Vice President and Chief Financial Officer, effective December 1, 2024. On that date, Mike Smith will continue with the company as Executive Vice President until his retirement on February 28, 2025. Smith has served as Executive Vice President and CFO since 2016. "Mike has been an integral leader for McCormick for more than three decades," said Brendan M. Foley, President and Chief Executive Officer (CEO) for McCormick. "Since he stepped into the role as CFO, sales grew at an industry leading pace of over 50% and we delivered significant shareholder value. His strategic leadership and focus on value creation have been instrumental in driving top-tier organic growth and the successful acquisition of iconic brands like Frank's RedHot, French's, and Cholula in addition to the FONA flavor business. Mike's deep knowledge of our global organization and effective execution of our Comprehensive Continuous Improvement (CCI) and other transformation initiatives have fueled our investments to drive long-term, differentiated, and profitable growth. His transformational leadership and belief in talent development helped McCormick build a world class global finance organization. I thank him for his contributions and congratulate him on his upcoming retirement."
VRNA

Hot Stocks

16:57 EDT Verona Pharma trading halted, news pending
MO

Hot Stocks

16:56 EDT Altria Group announces PMTA submission for on! PLUS nicotine pouches - Altria Group announced the submission of Premarket Tobacco Product Applications - PMTAs - to the FDA for its innovative on! PLUS oral nicotine pouch products. The PMTAs were submitted by Altria's wholly owned subsidiary Helix Innovations. on! PLUS is a spit-free, oral tobacco-derived nicotine pouch product made from a proprietary "soft-feel" material. Helix submitted PMTAs for three distinct on! PLUS varieties: tobacco, mint and wintergreen.
CRKN

Hot Stocks

16:53 EDT Crown Electrokinetics issues shareholder letter, effected 1:150 reverse split - The company states: "Dear Fellow Shareholders, This letter is an update to investors regarding Crown's Nasdaq listing and operational updates for the Electrokinetic Film and Fiber Construction Divisions. In line with Nasdaq's compliance requirements and timing, Crown effected a 1:150 reverse split yesterday to maintain our listing. While we would have preferred to delay the reverse split and deliver organic price appreciation, we are bound to a strict compliance deadline from Nasdaq. We remain focused on growing the company and building long-term shareholder value through the continued execution of our strategic goals. Crown's Fiber Optics division's strong growth continues with production in the second quarter delivered in each of our Nevada, Idaho, Oregon, Arizona and Florida markets. We announced in a press release earlier this week that we are expanding our work in Idaho as the prime contractor building our customers fiber network. We have also been awarded additional work and expect the relationship to grow both within and beyond Idaho. In Nevada, we are midway through our long-haul project and believe we will be securing work for this customer in New Mexico and California in the coming months. As previously announced this week we are aggressively expanding in Oregon with four new customers and are now in discussions with a new partner to handle work in Portland, Phoenix, Arizona and Las Vegas as a prime vendor for two of the largest cable and telecommunications operators in the country. More details will be available on this project in the coming days. We now expect our revenue for the second quarter will come in between $3.5 million and $4 million and expect third quarter revenues of between $7 million and $8 million stemming from the current backlog. Within the Electrokinetic Film division, we continue to make progress and move towards our Alpha Gen 1 product delivery in the fall of this year. We will have some additional announcements in the coming days discussing additional executive management additions and product development milestones."
MU

Hot Stocks

16:52 EDT Micron sees 2024 industry supply below demand for both DRAM, NAND - Says forecasts calendar 2024 bit demand growth for the industry to be in the mid-teens percentage range for both DRAM and NAND. Says over the medium term, expects industry bit demand growth CAGRs of mid-teens in DRAM and high teens in NAND. Says expects calendar 2024 industry supply to be below demand for both DRAM and NAND. Says Micron's bit supply growth in fiscal 2024 remains below demand growth for both DRAM and NAND. Says continues to project ending FY24 with low double-digit percentage less wafer capacity in both DRAM and NAND than peak levels in fiscal 2022. Says Micron's FY24 capex plan will be approximately $8B, and WFE spending will be down year on year in fiscal 2024. Says expects to increase capital spending materially next year, with capex around mid-30s percentage range of revenue for fiscal 2025, which will support HBM assembly and test equipment, fab and back-end facility construction as well as technology transition investment to support demand growth. Says the construction capex in the planned Idaho and New York greenfield fabs in FY25 will be half or more of the expected increase in total capex. Says the growth in both greenfield fab construction and HBM capex investments, is projected to make up the overwhelming majority of the year-over-year capex increase.
GEOS

Hot Stocks

16:51 EDT Geospace joins Russell 2000, Russell 3000 indices - Geospace Technologies announced that as part of the annual reconstitution of the Russell stock indexes, the Company will be added to the Russell 2000(R), Russell 3000(R), and Russell Micro-Cap(R) Index which will be effective on July 1, 2024.
BAC...

Hot Stocks

20:37 EDT Fed stress test shows large banks well positioned to endure severe recession - The Federel Reseve stated: "The results of the Federal Reserve Board's annual bank stress test showed that while large banks would endure greater losses than last year's test, they are well positioned to weather a severe recession and stay above minimum capital requirements. Additionally, the Board published aggregate results from its first exploratory analysis, which will not affect bank capital requirements... All 31 banks tested remained above their minimum common equity tier 1 (CET1) capital requirements during the hypothetical recession, after absorbing total projected hypothetical losses of nearly $685 billion. Under stress, the aggregate CET1 capital ratio-which provides a cushion against losses-is projected to decline by 2.8 percentage points, from 12.7 percent to 9.9 percent. While this is a greater decline than last year's, it is within the range of recent stress tests." Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
ATER

Hot Stocks

16:36 EDT Aterian co-CEO Joe Risico resigns, Josh Feldman named CFO - Aterian announced the appointment of Arturo Rodriguez as CEO and Josh Feldman as CFO and that Joe Risico has resigned as co-CEO and from the board of directors and will consult the company over a three-month transition period. "Joe and I have enjoyed a remarkable partnership over the years, and the strategic decisions we have made together as Co-CEOs have significantly strengthened Aterian's trajectory. On behalf of the entire Aterian team, we extend our heartfelt appreciation for Joe's dedication, and unwavering commitment. We wish Joe ongoing success in his future ventures and I am excited for him to start his next chapter," said Arturo Rodriguez, Aterian's CEO.
ESTC

Hot Stocks

16:35 EDT Elastic CEO sells 9,664 ordinary shares - In a regulatory filing, Elastic CEO Ashutosh Kulkarni disclosed the sale of 9,664 ordinary shares of the company on June 24 at a price of $109.88 per share.
REBN

Hot Stocks

16:34 EDT Reborn Coffee intends to appeal delisting notice from Nasdaq - Reborn Coffee announced that it has received a notice of delisting from Nasdaq. On June 21, Reborn Coffee the received a staff determination letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market notifying the Company that because it has not yet filed its Form 10-Q for the fiscal year ended March 31 it has failed to comply with the filing requirement set forth in Listing Rule 5250(c.)(1). As previously announced on May 15, the company was required to dismiss BF Borgers CPA PC as the company's independent registered public accounting firm. The company was required to engage a new independent registered public accounting firm in order to complete and file the Form 10-Q.
MU

Hot Stocks

16:33 EDT Micron says confident can deliver substantial revenue record in FY25 - Says drove robust price increases as industry supply-demand conditions continued to improve. Says, in data center, rapidly growing AI demand enabled the company to grow revenue by over 50% on a sequential basis. Says mix of data center revenue is on track to reach record levels in fiscal 2024 and to grow significantly from there in fiscal 2025. Says expects continued price increases throughout calendar 2024 despite only steady near-term demand in PCs and smartphones. Says demand for AI PCs and AI smartphones and continued growth of AI in the data center create a favorable setup that gives the company confidence that it can deliver a substantial revenue record in fiscal 2025. Says experienced some operational disruptions after the recent Taiwan earthquake. Comments taken from Q3 prepared remarks.
AVAV

Hot Stocks

16:29 EDT AeroVironment falls 7% to $178.80 after Q4 results, initial FY25 guidance
AVAV

Hot Stocks

16:29 EDT AeroVironment falls 7% to $178.80 after Q4 results, initial FY25 guidance
AVAV

Hot Stocks

16:29 EDT AeroVironment CEO says Loitering Munitions Segment remains key growth driver - "AeroVironment has yet again delivered exceptional results this past quarter resulting in record revenue and full year profitability for the company," said Wahid Nawabi, CEO. "We are pleased to also announce our full year revenue increased 33% from last year's results. Our Loitering Munitions Segment continues to be a key growth driver for our company, and we have expanded capacity to deliver these much-needed systems to keep up with increasing customer demand. As the need for our autonomous systems continues to rapidly increase worldwide, AeroVironment stands ready to meet our customer's needs while delivering solid bottom-line results for our shareholders. We are therefore issuing fiscal year 2025 revenue guidance of between $790 million and $820 million, another record year and double-digit revenue increase from fiscal year 2024."
AVAV

Hot Stocks

16:28 EDT AeroVironment reports Q4 funded backlog $400.2M vs. $424.1M last year - The company states: "As of April 30, 2024, funded backlog (defined as remaining performance obligations under firm orders for which funding is currently appropriated to us under a customer contract) was $400.2 million, as compared to $424.1 million as of April 30, 2023. Funded backlog as of April 30, 2024 does not include new orders related to recently announced program wins such as the Low Altitude Stalking and Strike Ordnance or "LASSO" program, Organic Precision Fires-Light or "OPF-L" program, the Replicator Initiative and the Ukraine Aid Initiative as well as our first Lithuanian order for Switchblade 300 and 600."
CASI

Hot Stocks

16:23 EDT Casi Pharmaceuticals receives acquisition proposal for its entire China business - Casi Pharmaceuticals' board received a preliminary non-binding proposal letter from CEO and Chairman of the company of the Board Wei-Wu He, to acquire the entire business operations of the company in China and all license-in, distribution and related rights in Asia - excluding Japan - related to all of the company's pipeline products for an aggregate purchase price of $40.0M, which shall include assumption of up to $20.0M of indebtedness of the company. The Board has formed a special committee comprised solely of incumbent independent directors to evaluate the transaction and other strategic and business alternatives available to the company in respect of the company's business operations in China. No decisions have been made with respect to the Proposed Transaction or any alternative strategic option that the company may pursue.
FUL

Hot Stocks

16:22 EDT H.B. Fuller jumps 9% to $83.00 after Q2 earnings beat, updated FY24 guidance
FUL

Hot Stocks

16:22 EDT H.B. Fuller sees Q3 adjusted EBITDA $165M-$175M vs. $156M last year
LEVI

Hot Stocks

16:19 EDT Levi Strauss reports Q2 global DTC revenue up 8% and up 11% in constant FX - Reports Q2 wholesale net revenues grew 7% on a reported basis and 8% on a constant-currency basis. In the Americas, net revenues increased 17% on a reported basis and 16% on a constant-currency basis. Adjusting for the shift in wholesale shipments and the exit of the Denizen(R) business, the Americas was up 3% and the U.S. was up 2%. In Europe, net revenues decreased 2% on a reported and constant-currency basis, reflecting a sequential improvement from Q1 across both wholesale and DTC. Asia net revenues were roughly in line with prior year on a reported basis and up 6% on a constant-currency basis, on top of 27% growth in the prior year on a constant-currency basis, reflecting growth across most markets.
CONN

Hot Stocks

16:19 EDT Conn's announces receipt of delinquency notification letter from Nasdaq - Conn's announced that on June 20, it received a delinquency notification letter from the Nasdaq Stock Market, indicating that the company was not in compliance with Nasdaq Listing Rule 5250c1 because of the company's delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended April 30 by the applicable due date required by the U.S. Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Global Select Market.
CLOV

Hot Stocks

16:18 EDT Clover Health regains compliance with Nasdaq - Clover Health announced that it has received formal notice from Nasdaq stating that the company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450.
JEF

Hot Stocks

16:18 EDT Jefferies Financial Group raises quarterly dividend by 17% to 35c per share - The dividend is payable on August 30, 2024 to record holders of Jefferies common shares on August 19, 2024.
CASI

Hot Stocks

16:17 EDT Casi Pharmaceuticals plans to submit IND application for CID-103 - CASI Pharmaceuticals is planning to submit an Investigational New Drug - IND - application to the FDA for CID-103 for the treatment of antibody-mediated rejection in kidney transplant recipients by the end of 2024. CID-103 is an antibody recognizing a unique epitope that has demonstrated preclinical efficacy and safety profile compared to other anti-CD38 monoclonal antibodies. The company believes that with the proceeds from the private placement financing, together with its existing cash and cash equivalents, it will have sufficient capital to complete the Phase II clinical trial for AMR.
NYC

Hot Stocks

16:16 EDT Bellevue Capital raises purchase price for shares of American Strategic Investment Co. - Bellevue Capital Partners announced that it has increased the purchase price of its previously announced tender offer to purchase up to 125,000 shares of American Strategic Investment Co. common stock from the previous purchase price of $10.25 to an increased purchase price of $11.00 per share. The Tender Offer will close on July 5, 2024. Bellevue is making this offer at a 90% premium to the May 3, 2024 closing price because of its continued confidence in ASIC's portfolio and underlying assets. Bellevue further believes in the previously announced expanded investment strategy that ASIC is pursuing and in the long-term value of ASIC's common stock. The 90% premium to the May 3, 2024 closing stock price reflects Bellevue's belief in the long-term performance of ASIC and its portfolio of assets.
LEVI

Hot Stocks

16:15 EDT Levi Strauss falls 12% to $20.20 after Q2 results and guidance
TSVT...

Hot Stocks

20:15 EDT 2seventy Bio announces sale of Hemophilia A candidate for up to $40M - 2seventy bio. (TSVT) announced the completion of an asset purchase agreement by Novo Nordisk (NVO). Under the terms of the APA, Novo Nordisk has acquired the Hemophilia A program and rights to 2seventy's in vivo gene editing technology outside of oncology and gene editing for autologous or allogeneic cell therapies of immune cells for the treatment of autoimmune disease. The 2seventy bio team currently involved in the program will join Novo Nordisk and continue to advance the technology. The program is based on the original research agreement, established in 2019, which focused on a gene editing therapy for people with Hemophilia A. 2seventy bio will focus exclusively on the commercialization and continued development of Abecma (idecabtagene vicleucel), its BCMA-targeted CAR T cell therapy for multiple myeloma, in collaboration with Bristol Myers Squibb (BMY). Under the terms of the agreement, 2seventy will potentially receive payments of up to $40 million. 2seventy will transfer the Hemophilia A program to Novo Nordisk and the existing collaboration agreement will terminate. Additionally, the divestiture will include transfer of 2seventy bio's megaTAL technology and a license to underlying intellectual property.
LEVI

Hot Stocks

16:12 EDT Levi Strauss raises quarterly dividend 8% to 13c per share - The company has declared an 8% increase to the dividend to $0.13 per share totaling approximately $52 million. The dividend is payable in cash on August 20, 2024 to the holders of record of Class A common stock and Class B common stock at the close of business on August 2, 2024.
STT

Hot Stocks

16:10 EDT State Street Global Advisors to partner with Galaxy Digital Holdings - State Street Global Advisors and Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. and one of the world's largest digital assets and blockchain investment managers, "announced they are collaborating to bring investors the next generation of digital asset based strategies that will offer exposure to companies involved in the digital asset space, going beyond cryptocurrencies and bitcoin. This collaboration of market-leading, global asset managers is designed to bring investors the newest innovation in digital asset investing. By combining the strengths of two of the biggest brands and first-movers, State Street Global Advisors and Galaxy Asset Management will provide investors access to the $2.4 trillion digital asset ecosystem through manager-directed strategies."
MKL

Hot Stocks

16:10 EDT Markel names Phil Schmidt as Chief Strategy Officer - Markel announced that Phil Schmidt has been appointed Chief Strategy Officer. Effective June 26, Schmidt will lead Markel's Global Strategy team. Schmidt, based in Bermuda, joined Markel in October 2023 as a Managing Director. Prior to Markel, Schmidt served as managing director for Burg, a boutique investment bank providing M&A, fundraising and strategy consulting services.
MARA

Hot Stocks

16:08 EDT Marathon Digital announces Kaspa mining operations - Marathon Digital Holdings announced that the company is mining Kaspa or KAS, a proof-of-work, PoW, digital asset, to further diversify its portfolio of digital asset compute. Kaspa is currently the fifth largest proof-of-work digital asset by market cap. It boasts a market cap of $3.9B with approximately $64.8M in daily trading volume as of June 25. The circulating supply is approximately 24 billion KAS with a current block reward of 103.83 KAS, and the terminal supply is capped at 28.7B KAS. Similar to Bitcoin, Kaspa is an open-source, decentralized, and fully scalable Layer-1 protocol that uses proof-of-work as its consensus mechanism. However, unlike Bitcoin's blockchain, which is linear and processes one block every ten minutes, Kaspa utilizes a BlockDAG that enables multiple blocks to be produced simultaneously. The Kaspa network currently processes one block every second, allowing for faster transactions and providing Kaspa miners with the opportunity to potentially earn more block rewards in a given time frame. In May 2023, Marathon began evaluating Kaspa as a potential way to diversify its revenue while continuing to utilize its current infrastructure and expertise in digital asset compute. After successfully deploying its first Kaspa ASICs in September 2023, the Company began scaling its operations. As of June 25 Marathon has mined 93 million KAS, which are currently valued at approximately $15M.
BILL

Hot Stocks

16:08 EDT Bill names Sarah Acton chief customer officer - BILL announced that Sarah Acton has been named Chief Customer Officer. In this new role, Acton will lead the go-to-market functions of the company, which include the Sales and Marketing organizations, to create a seamless experience for SMBs and accountants throughout the customer journey. Acton is a member of the executive leadership team of BILL and will continue to report directly to President and CFO, John Rettig. "At BILL, our business is built around serving the needs of SMBs and accountants by being at the center of their financial operations. As we expand our platform and capabilities to serve more of their needs, we are adapting our go-to-market model to enhance our partnership with customers," said John Rettig, President and CFO of BILL. "Sarah brings significant experience and expertise in sales and marketing leadership to this new role, including two years as BILL's Chief Marketing Officer. She is the right person to build upon the success of our go-to-market teams to create the best experience for customers, and drive growth and impact for BILL."
FC

Hot Stocks

16:07 EDT Franklin Covey sees FY24 adjusted EBITDA at low end of $54.5M-$58M range - Based on the Company's third quarter results, combined with improved leading indicators and the Company's current expectations regarding the fourth quarter, the Company looks forward to a strong finish to fiscal 2024. Despite the challenges the Company faced in the first half of fiscal 2024, the Company continues to expect that its Adjusted EBITDA for fiscal 2024, while showing a strong increase in the third quarter, will be at the low end of its previously announced guidance range of $54.5 million to $58.0 million in constant currency, which excludes the impact of approximately $0.5 million of negative foreign exchange. This represents 13% growth over the $48.1 million of Adjusted EBITDA achieved in fiscal 2023. The Company expects to achieve this growth despite an uncertain economic environment and while continuing to make additional growth investments. The Company is also confident in the strength of its subscription offerings, which have driven Franklin Covey's growth across recent years, and which are expected to deliver in fiscal 2024 the highest levels of revenue, Adjusted EBITDA, and Free Cash Flow since the sale of the Company's consumer products division.
ATEX

Hot Stocks

16:06 EDT Anterix enters agreement with Oncor Electric Delivery Company - Anterix announced that it has entered into an agreement with Oncor Electric Delivery Company under which Oncor will acquire 900 MHz broadband spectrum from Anterix necessary to deploy a private wireless broadband network throughout its service territory. The new licenses will enable Oncor to move to next generation broadband for mission-critical data and voice services within Oncor across its service territory. The network will provide a host of capabilities that are expected to benefit Oncor and its customers, including enhanced resiliency, data transmission, and overall communication and operational intelligence.
DGX

Hot Stocks

16:04 EDT Quest Diagnostics to acquire lab assets from Allina Health - Quest Diagnostics and Allina Health, a non-profit health care system, announced a definitive agreement for Quest to acquire select laboratory assets from Allina Health, with the goal to improve access to and the affordability of innovative laboratory services across Minnesota and western Wisconsin. Quest will offer its laboratory services to Allina Health clinic physicians and outreach provider clients across Minnesota and western Wisconsin. Quest Diagnostics and Allina Health expect to complete the transaction in Q3, assuming customary regulatory reviews. Financial details were not disclosed.
MDXG

Hot Stocks

16:03 EDT MiMedx names Kim Moller Chief Commercial Officer - MiMedx Group announced the appointment of Kim Moller to Chief Commercial Officer. Ms. Moller has been serving as the Company's Senior Vice President, Sales since August 2020. "I am pleased to announce this well-deserved promotion of Kim to Chief Commercial Officer for MIMEDX," stated Joseph H. Capper, MIMEDX Chief Executive Officer. "Under Kim's leadership as SVP of Sales for the past four years, the MIMEDX commercial organization has navigated significant change and has been transformed into the high-performing team we have today. As we continue to work our way through a period of sweeping change both in our industry and our company, I could not imagine a more talented leader to guide all of our commercial efforts."
EBF

Hot Stocks

15:51 EDT Ennis announces acquisition of Printing Technologies, Inc. - Ennis announced its acquisition of Printing Technologies, Inc. located in Indianapolis, a manufacturer of media solutions used in all types of Printing Technologies including direct thermal, thermal transfer, ink jet, dot matrix and laser. "PTI is a renowned brand with a diverse range of unique products and we are looking forward to leveraging these new capabilities to enhance Ennis' product offerings. I want to extend a warm welcome to PTI's employees and customers as they join the Ennis family," said Keith Walters, Chairman, President and CEO of Ennis.
DMEHF

Hot Stocks

15:51 EDT Desert Mountain Energy commences operations at helium plant in New Mexico - Desert Mountain Energy announced the commencement of operations at its helium processing plant on the West Pecos Field in New Mexico. The plant is currently separating helium from the natural gas stream and transferring it to an offtake trailer. The startup procedure will involve optimization and potential programming improvements, with an estimated duration of 60-90 days. The company is producing from specific wells and will add flow rates to the plant during the next 120-180 days. The gaseous mixture of the individual wells varies from well to well. This includes Helium, N-Pentane, N-Butanes, Hexanes, and condensate oils, besides the normal methane and associated mixtures. The plant had additional equipment added to account for these variations and the company wants to ensure that the sensing equipment operates in the prescribed manner with varied flow rates and mixtures. Additional equipment and storage/recycle capabilities were added to remove the possibility of needless atmospheric release of any helium. The plant system permits DME to capture, recycle and enrich the overall final grade of helium from the plant to maximize return on investment and be good stewards of these resources. The plant will gradually increase to the maximum capacity within the current plant redesigns. The initial truckloads will contain a mix of various helium grades, and DME will receive payment accordingly. DME continues to aim to achieve a final product of 99.9995% pure helium following the completion of the initiation process, with the intention of selling to targeted markets to optimize pricing. The West Pecos Field acquisition closed on July 1, 2023. The purchase included a natural gas offtake contract, covering 188 producing gas wells and gas collection system. Over the last 12 months, DME repaired roads, bush hogged around well heads and accompanied surface equipment, did minor work on 15 wells, replaced lines identified as probable to fail within five years and pigged the collection system. The company is currently implementing in-line compression equipment that was purchased earlier to reduce line pressure and boost production from wells with higher helium content at choke points in the gathering system. Initially designed to extract helium from a nitrogen field using solar energy, the plant required significant modifications to switch the power source to natural gas from its field. The commencement of plant operations enables the company to pivot towards increasing production levels. Geological assessments have pinpointed zones with higher-grade helium in wells, with an emphasis on reducing any formation water produced, which will be integrated into the existing inventory. A team has been assembled to operate the Company's workover rig, targeting wells with elevated helium levels to enhance production from current sources. The company continues its efforts with Beam Earth Ltd. and other related companies for the production of both hydrogen and helium from its Arizona locations.
OMIC

Hot Stocks

15:28 EDT Singular Genomics Systems trading resumes
OMIC

Hot Stocks

15:23 EDT Singular Genomics Systems trading halted, volatility trading pause
BA SPR

Hot Stocks

19:12 EDT Attorneys announce complaints filed with FAA, OSHA against Boeing and Spirit - Attorneys Debra Katz and Lisa Banks announced they filed complaints with the Federal Aviation Administration and the Occupational Health and Safety Administration on behalf of airplane mechanic Richard Cuevas, who is identified as a 40-year veteran of the airline industry. "Mr. Cuevas, who was contracted to Spirit to repair Boeing aircraft, alleges that he witnessed substandard manufacturing and maintenance processes on the 787 forward bulkhead, including critical drilling and sealant issues. Mr. Cuevas complained that these safety issues, if unremedied, could compromise power and air pressure on the planes, creating a serious public safety risk. When he raised these issues - first with Spirit management and then with Boeing's ethics program - he was fired," the attorneys stated. Reference Link
PENN LYV

Hot Stocks

18:38 EDT Penn Entertainment expanding partnership with Ticketmaster - Penn Entertainment (PENN) announced that it has expanded its partnership with Ticketmaster to offer new benefits for its more than 30 million loyalty members. "Starting today, PENN Play members can redeem rewards for tickets to live events through Ticketmaster. Additionally, PENN will have on-site activations at five amphitheaters across the U.S., further enhancing the live event experience for PENN Play members," Penn stated. "Today's fans want more than passive entertainment - they look for immersive live experiences that create connections and make them feel appreciated. Our partnership with PENN Play brings together digital engagement and real-world excitement, making it easy for fans to find the events they love," added Frank Gutierrez, EVP and Global Head, ECommerce Sponsorship, Live Nation (LYV) and Ticketmaster.
JBLU

Hot Stocks

14:22 EDT JetBlue names Tracy Lawlor chief people officer - JetBlue announced the appointment of Tracy Lawlor to chief people officer, effective immediately. Lawlor, a veteran of the airline for nearly 23 years, has served as acting chief people officer since March 2024. Reporting to JetBlue's CEO, Joanna Geraghty, Lawlor will be responsible for engaging JetBlue crewmembers and fostering its unique culture, overseeing teams such as compensation and benefits; diversity, equity and inclusion; crew relations; culture; values and labor relations; recruiting and talent management. "Tracy is an experienced leader known for her ability to turn strategic visions into reality while fostering strong collaboration across the airline," said Geraghty. "Her deep understanding of our business as well as her passion for our mission and values make her the ideal leader to help guide our people and culture as we execute our strategy and set up JetBlue for long-term success."
CNI...

Hot Stocks

17:42 EDT North American rail traffic up 1.9% for the week ending June 22 - The Association of American Railroads or AAR, reported U.S. rail traffic for the week ending June 22. For this week, total U.S. weekly rail traffic was 485,557 carloads and intermodal units, up 3.6% compared with the same week last year. Total carloads for the week ending June 22 were 220,096 carloads, down 0.8% compared with the same week in 2023, while U.S. weekly intermodal volume was 265,461 containers and trailers, up 7.5% compared to 2023. Five of the 10 carload commodity groups posted an increase compared with the same week in 2023. They included grain, up 2,851 carloads, to 17,495; chemicals, up 1,890 carloads, to 31,807; and farm products excl. grain, and food, up 1,792 carloads, to 16,878. Commodity groups that posted decreases compared with the same week in 2023 included coal, down 4,442 carloads, to 58,555; miscellaneous carloads, down 1,676 carloads, to 8,688; and metallic ores and metals, down 1,309 carloads, to 21,108. North American rail volume for the week ending June 22, on 10 reporting U.S., Canadian and Mexican railroads totaled 323,953 carloads, down 1.6% compared with the same week last year, and 347,092 intermodal units, up 5.4% percent compared with last year. Total combined weekly rail traffic in North America was 671,045 carloads and intermodal units, up 1.9%. North American rail volume for the first 25 weeks of 2024 was 16,485,752 carloads and intermodal units, up 2% compared with 2023. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific Kansas City (CP), Norfolk Southern (NSC), Union Pacific (UNP), (WAB),Trinity Industries (TRN),Greenbrier (GBX), FreightCar America (RAIL), and Rail Vision (RVSN). Reference Link
PDD AMZN

Hot Stocks

17:27 EDT PDD Holdings down 2% after Information report on Amazon plans for Temu rival
AMZN

Hot Stocks

12:29 EDT Amazon.com up 3% to $192.23, tops $2 trillion market cap for first time
FDX

Hot Stocks

12:02 EDT FedEx rises 14.1% - FedEx is up 14.1%, or $36.23 to $292.61.
SKIL

Hot Stocks

12:02 EDT Skillsoft rises 20.0% - Skillsoft is up 20.0%, or $2.48 to $14.88.
TGLS

Hot Stocks

12:01 EDT Tecnoglass rises 20.7% - Tecnoglass is up 20.7%, or $8.51 to $49.54.
MAX

Hot Stocks

12:01 EDT MediaAlpha falls -7.1% - MediaAlpha is down -7.1%, or -$1.02 to $13.27.
RYAM

Hot Stocks

12:01 EDT Rayonier Advanced Materials falls -7.5% - Rayonier Advanced Materials is down -7.5%, or -42c to $5.18.
APTV

Hot Stocks

12:00 EDT Aptiv falls -10.6% - Aptiv is down -10.6%, or -$7.76 to $65.59.
VICR

Hot Stocks

11:56 EDT Vicor reports court grants preliminary injunction against Foxconn subsidiaries - Vicor Corporation announced that, on June 24, the United States District Court for the District of Massachusetts granted a preliminary injunction barring subsidiaries of Foxconn from pursuing arbitration against Vicor before the China International Economic and Trade Arbitration Commission, or "CIETAC." Vicor stated: "The Foxconn subsidiaries had sought to obtain a ruling from CIETAC that small print in their purchase orders for Vicor power modules entitled them to royalty-free licenses to Vicor patents, including patents asserted in a pending investigation in the United States International Trade Commission, or 'ITC.' An ITC exclusion order could bar from entry into the United States infringing power converter modules, 'NBMs,' and systems containing such modules, including artificial intelligence accelerators, tensor processing units, 'TPU,' graphical processing units, 'GPU,' and central processing units, 'CPU,'."
RDY HLN

Hot Stocks

15:33 EDT Dr. Reddy's to acquire Haleon's global portfolio of brands in the NRT category - Dr. Reddy's Laboratories (RDY) announced that its subsidiary Dr. Reddy's Laboratories SA has signed a definitive agreement with Haleon (HLN) for purchase of shares of Northstar Switzerland SARL, a Haleon group company, to acquire Haleon's global portfolio of consumer healthcare brands in the Nicotine Replacement Therapy category outside of the United States. The portfolio to be acquired consists of Nicotinell, a global leader in the NRT category with an extensive footprint in over 30 countries spanning Europe, Asia including Japan, and Latin America, and local market-leading brand names of the product - Nicabate in Australia, Thrive in Canada, and Habitrol in New Zealand and Canada. The proposed acquisition will be inclusive of all formats such as lozenge, patch, gum as well as pipeline products, in all applicable global markets outside of the United States. Nicotinell is the second biggest brand globally in the NRT category. It holds the first or second position in 14 of the top 17 global markets, with the lozenge/mini lozenge format holding top position globally. Nicotinell ranks among the top 15 biggest brands among all OTC brands in Europe, and ranks 32 among all OTC global brands. In CY'23, the portfolio generated approximately GBP 217 million in revenue. Dr. Reddy's will acquire the share capital of Northstar Switzerland SARL for a total consideration of GBP 500 million with an upfront cash payment of GBP 458 million and performance-based contingent payments of up to GBP 42 million, payable in 2025 and 2026. The closing of the transaction is subject to satisfactory completion of customary conditions to closing, including regulatory approvals. The transaction is expected to close in early Q4 of calendar year 2024. Upon closing of the transaction, Dr. Reddy's will acquire the NRT business in all countries outside of the United States. However, operations will transition to Dr. Reddy's in a phased approach to ensure successful integration of the business.
RPD

Hot Stocks

11:30 EDT Rapid7 up 8% after WSJ says activist Jana built stake, pushing for sale
ZKIN

Hot Stocks

11:14 EDT ZK International granted extension to file Form 20-F by Nasdaq - ZK International Group announces that Nasdaq has granted the Company an additional extension to file its Form 20-F for the fiscal year ended September 30, 2023. Initially, Nasdaq had extended the deadline to June 7, 2024. However, upon a subsequent request, Nasdaq has provided a further extension through August 13, 2024. This extension allows the Company more time to complete and submit its annual report. Should the Company fail to file the 20-F by August 13, 2024, Nasdaq will issue a written notification of delisting. The Company will have the option to appeal Nasdaq's determination to a Nasdaq Listing Qualifications Panel and request a hearing. The Company remains committed to meeting all regulatory requirements and appreciates Nasdaq's cooperation and understanding during this process.
LUV

Hot Stocks

11:09 EDT Elliott 'committed to delivering' leadership changes at Southwest - Elliott Investment Management released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Southwest Airlines Co. and its revenue guidance reduction announcement: "Today's announcement marks the eighth guidance reduction at Southwest Airlines in the last 18 months with RASM now expected to decline 4% to 4.5% in the second quarter, a significant reduction relative to the guidance that Southwest's management team provided only two months ago. Southwest's industry-trailing revenue performance is clearly continuing along the same disappointing trend line, despite management's repeated promises for improvement and today's empty statement that the Company is focusing on 'delivering operational excellence.' Southwest is led by a team that has proven unable to adapt to the modern airline industry; the Company's release today seems to admit as much by stating that the revenue guidance reduction was the result of 'complexities in adapting; to the current environment - complexities that Southwest's peers seem able to adapt to. Unfortunately, this is yet another example that fundamental leadership change is urgently needed at Southwest. Elliott is committed to delivering the leadership changes that the Company requires."
INTC

Hot Stocks

11:01 EDT Intel demonstrates first fully integrated optical I/O chiplet - Intel Corporation said it has achieved a milestone in integrated photonics technology for high-speed data transmission. At the Optical Fiber Communication Conference 2024, Intel's Integrated Photonics Solutions Group demonstrated the industry's first-ever fully integrated optical compute interconnect chiplet co-packaged with an Intel CPU and running live data. This OCI chiplet is designed to support 64 channels of 32 gigabits per second data transmission in each direction on up to 100 meters of fiber optics and is expected to address AI infrastructure's growing demands for higher bandwidth, lower power consumption and longer reach.
NVO

Hot Stocks

10:55 EDT Novo Nordisk stops CLARION-CKD trial, recognizes DKK 5.7B impairment loss - Novo Nordisk announced that the CLARION-CKD phase 3 trial failed to meet its primary endpoint and that it will recognize an impairment loss of around DKK 5.7B related to the intangible asset ocedurenone in the second quarter of 2024. "Novo Nordisk acquired ocedurenone from KBP Biosciences PTE., Ltd. in 2023. The phase 3 lead indication trial CLARION-CKD, which investigated ocedurenone in patients with uncontrolled hypertension and advanced chronic kidney disease, was conducted by KBP Biosciences. The trial design included a prespecified interim analysis after all trial participants had completed 12 weeks of treatment. Based on the interim analysis, an independent data monitoring committee concluded that the trial met the prespecified futility criteria - meaning that the trial did not meet its primary endpoint of change in systolic blood pressure from baseline to week 12. As a result, Novo Nordisk has decided to stop the CLARION-CKD trial. Consequently, Novo Nordisk will recognise an impairment loss of around DKK 5.7 billion. This corresponds to an estimated negative impact of around 6 percentage points on operating profit growth at CER in 2024 compared to the operating profit outlook communicated in the financial report for the period 1 January 2024 to 31 March 2024. Novo Nordisk's disclosure of the financial results for the first six months of 2024 and financial outlook for 2024 will be published on 7 August," the company stated.
AAPL

Hot Stocks

10:52 EDT Apple expands Self Service Repair support to Europe - Apple said that Apple Diagnostics for Self Service Repair - a software tool that enables users to troubleshoot issues - is now available in 32 European countries, including the U.K., France, Germany, and the Netherlands. Launched in the U.S. in December 2023, Diagnostics gives users the same ability as Apple Authorized Service Providers and Independent Repair Providers to test products for optimal parts functionality and performance, and it helps identify which parts may need repair. With this expansion, Apple Diagnostics for Self Service Repair now supports iPhone, Mac, and Studio Display models in 33 countries and 24 languages. Reference Link
MASI

Hot Stocks

10:37 EDT Masimo urges stockholders to vote for nominees Joe Kiani, Christopher Chavez - Masimo Corporation filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its Annual Meeting of Stockholders to be held on July 25, 2024. The company said, "The presentation lays out in detail: The Company's robust track record of innovation, led by Masimo Founder, Chairman and CEO Joe Kiani, that supports Masimo's longstanding valuation premium to industry peers; Masimo's strategic initiatives for sustained growth and margin expansion that are expected to more than double adjusted EPS to ~$8 by 2029; and The Company's belief that Politan's value-destructive agenda to oust Mr. Kiani and take control of Masimo without paying a premium or articulating an exercisable plan poses a significant risk to the value of the Company. To safeguard stockholders' investments and ensure continued value creation, the Board strongly recommends that stockholders vote FOR Masimo's highly qualified director nominees, Joe Kiani and Christopher Chavez."
PPL

Hot Stocks

10:35 EDT PPL Corp., subsidiares expand collaboration with U.S. DOE initiative - PPL Corporation subsidiaries Louisville Gas and Electric Company and Kentucky Utilities Company will build on an earlier assessment of nuclear feasibility at the site of an existing Kentucky coal-fired power plant by exploring additional locations and partnerships that could support nuclear energy in the commonwealth. As with earlier feasibility assessments at LG&E and KU's Ghent Generation Station in Ghent, Ky., PPL's Research and Development team plans to partner with Gateway for Accelerated Innovation in Nuclear, a U.S. Department of Energy initiative, and nuclear design engineering company X-Energy in the next phase of assessments. PPL and GAIN's prior study at the Ghent facility determined that the site is suitable for a nuclear SMR plant, but would have potential size constraints for a larger traditional nuclear reactor. Phase two of the study will explore alternative locations and industrial partnerships that could enable energy-intensive customers, including manufacturers and data centers, to achieve their zero-carbon objectives while maintaining reliability and affordability.
VITL

Hot Stocks

10:34 EDT Vital Farms to build egg washing, packing facility in Seymour, Indiana - Vital Farms has announced plans to expand its resilient supply chain with a second world-class egg washing and packing facility located in Seymour, Indiana. The 72-acre future home of Egg Central Station Seymour will build upon key successes from the brand's first facility in Springfield, Missouri. The new facility will enable Vital Farms to continue growing its pasture-raised egg business, create 150+ jobs for the Seymour community in its first phase, and is expected to help generate over $350 million in additional revenue for the brand as we push to our 2027 target of $1 billion in company revenues. Putting down roots in Seymour for Vital Farms' second facility allows the brand to continue to expand its strong network of more than 300 family farms to support new farm development within a day's drive of the new facility. Vital Farms expects this new facility, in its first phase, will support approximately 165 family farmers producing the leading U.S. brand of pasture-raised eggs by retail dollar sales. ECS Seymour is expected to break ground mid-2025 and be fully operational at the beginning of 2027.
RPTX

Hot Stocks

10:32 EDT Repare Therapeutics announces intial data from Phase 1 MINOTAUR trial - Repare Therapeutics reported initial data from the ongoing Phase 1 MINOTAUR clinical trial evaluating lunresertib in combination with FOLFIRI in patients with advanced solid tumors. The data are being presented in a mini oral presentation by Elisa Fontana, M.D., Ph.D., Medical Director, Sarah Cannon Research Institute UK at the European Society of Medical Oncology Gastrointestinal Cancers Congress 2024, being held June 26-29 in Munich, Germany. Lunresertib is a first-in-class precision oncology small molecule PKMYT1 inhibitor that targets CCNE1 amplification, FBXW7 and PPP2R1A alterations in solid tumors. Lunresertib is being evaluated in combination with other therapies across several Phase 1 and Phase 2 clinical trials, as well as in multiple investigator-sponsored trials. Key Initial Findings from the Phase 1 MINOTAUR Clinical Trial: MINOTAUR is a Phase 1, multi-center, open-label, dose-scalation study to evaluate safety, pharmacokinetics, pharmacodynamics and preliminary anti-tumor activity of lunresertib in combination with FOLFIRI in advanced solid tumors. Primary objectives of the study were safety and tolerability, and determination of the recommended Phase 2 dose and schedule. Secondary objectives were pharmacokinetics, preliminary evidence of anti-tumor activity, pharmacodynamics, and circulating tumor DNA monitoring. As of May 2, 2024, the cutoff date for the data presented at the ESMO GI Congress, 38 patients were enrolled in the clinical trial. Preliminary RP2D established as 60mg BID lunresertib continuous plus standard FOLFIRI; Promising efficacy in heavily pretreated population with tumors that harbor CCNE1 amplification and FBXW7 mutation alterations; Overall response across tumor types was 18.2%, including four confirmed and two unconfirmed partial responses, regardless of prior irinotecan exposure; Prolonged clinical benefit rate across tumor types, primarily digestive system tumors, was 51.5%, including 46.7% of patients with recurrent colorectal cancer; Patients with CRC had prolonged duration of therapy, with 40% of irinotecan-naive patients and 20% of irinotecan-experienced patients on treatment for over nine months, compared to clinical benchmarks of 20% and 5-10%, respectively; ctDNA molecular response rate was 61% among evaluable patients; Lunresertib combination therapy was well tolerated without excess toxicity above expected rates for lunresertib or standard FOLFIRI alone; No safety-related treatment discontinuations at preliminary RP2D; Neutropenia and leukopenia were the most common Grade 3/4 treatment-related adverse events, consistent with that reported for FOLFIRI alone and reversible with FOLFIRI interruption; Rate of low-grade, reversible rash was consistent with lunresertib monotherapy experience.
GTLB

Hot Stocks

10:29 EDT GitLab up 11% after board adopts amendments to severance plan - In a regulatory filing, GitLab disclosed that on June 22, the board of directors of the company adopted amendments to the company's existing severance plan, applicable to certain team members of the company, including the company's named executive officers, in connection with a periodic review of the plan. "The amendments to the Plan include an amendment to the definition of "CIC Severance" to clarify that an individual's equity awards may not be subject to cancellation by the Board in connection with a Corporate Transaction (as defined in the Plan) without consideration," the filing stated. In Wednesday morning trading, shares of GitLab are up $4.62, or 11%, to $48.22. Reference Link
NU

Hot Stocks

10:23 EDT Nubank acquires data intelligence company Hyperplane, terms not disclosed - Nubank announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers. Hyperplane, launched in 2022 and co-founded by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, has been instrumental in using proprietary foundation models to provide high-quality financial services to millions of individuals. The platform enables financial institutions to train, evaluate, and deploy self-supervised, deep-learning models on first-party data for decision-making. Their platform serves as a central hub, allowing customers to train hundreds of bespoke models across various business domains such as risk, collections, and marketing. At Nubank, adopting an "AI-first" stance means going beyond connecting models or systems. With a strong current AI expertise team, the acquisition of Hyperplane will enable the company to create connections between broad contexts, generate valuable insights, support decision-making, and, most importantly, make Nubank's customers' lives easier.
SHOT

Hot Stocks

10:12 EDT Safety Shot partners with Atlantic Beverage Distributors - Safety Shot announced its strategic partnership with Atlantic Beverage Distributors. This collaboration aims to expand the reach of Safety Shot's innovative product to additional key markets in the Northeastern region. Headquartered in Holliston, Massachusetts, Atlantic Beverage Distributors has been a key player in the distribution industry since its founding in 1995. The company began with a mission to distribute specialty beer and wine not represented by volume wholesalers, and it has since evolved to feature the most sought-after brands.
PAYX

Hot Stocks

10:12 EDT Paychex down 5% to $119 as earnings call continues
MRNA

Hot Stocks

10:08 EDT Moderna falls 6% ato $130.03 after RSV vaccine data
CMCM

Hot Stocks

10:01 EDT Cheetah Mobile rises 12.4% - Cheetah Mobile is up 12.4%, or 54c to $4.89.
WHR

Hot Stocks

10:01 EDT Whirlpool rises 14.5% - Whirlpool is up 14.5%, or $12.61 to $99.64.
TGLS

Hot Stocks

10:01 EDT Tecnoglass rises 18.6% - Tecnoglass is up 18.6%, or $7.62 to $48.65.
WOR

Hot Stocks

10:01 EDT Worthington falls -6.3% - Worthington is down -6.3%, or -$3.15 to $47.01.
APTV

Hot Stocks

10:01 EDT Aptiv falls -6.6% - Aptiv is down -6.6%, or -$4.85 to $68.51.
GB

Hot Stocks

10:00 EDT Global Blue falls -6.7% - Global Blue is down -6.7%, or -34c to $4.77.
BITE

Hot Stocks

09:49 EDT Bite Acquisition Corp trading resumes
VSEE

Hot Stocks

09:49 EDT Vsee Health Inc trading resumes
GB

Hot Stocks

09:47 EDT Global Blue falls -6.7% - Global Blue is down -6.7%, or -34c to $4.77.
TXO

Hot Stocks

09:47 EDT TXO Energy Partners falls -8.7% - TXO Energy Partners is down -8.7%, or -$1.90 to $20.03.
APTV

Hot Stocks

09:47 EDT Aptiv falls -9.5% - Aptiv is down -9.5%, or -$6.99 to $66.37.
FDX

Hot Stocks

09:47 EDT FedEx rises 11.6% - FedEx is up 11.6%, or $29.85 to $286.23.
WHR

Hot Stocks

09:47 EDT Whirlpool rises 17.7% - Whirlpool is up 17.7%, or $15.37 to $102.40.
TGLS

Hot Stocks

09:47 EDT Tecnoglass rises 19.3% - Tecnoglass is up 19.3%, or $7.92 to $48.95.
ICU

Hot Stocks

09:46 EDT SeaStar Medical Holding Corp trading resumes
BITE

Hot Stocks

09:44 EDT Bite Acquisition Corp trading halted, volatility trading pause
VSEE

Hot Stocks

09:44 EDT Vsee Health Inc trading halted, volatility trading pause
NNE

Hot Stocks

09:43 EDT Nano Nuclear Energy Inc trading resumes
ICU

Hot Stocks

09:41 EDT SeaStar Medical Holding Corp trading halted, volatility trading pause
VLCN

Hot Stocks

09:41 EDT Volcon Inc trading resumes
MLGO

Hot Stocks

09:39 EDT MicroAlgo Inc trading resumes
VLCN

Hot Stocks

09:36 EDT Volcon Inc trading halted, volatility trading pause
MLGO

Hot Stocks

09:34 EDT MicroAlgo Inc trading halted, volatility trading pause
NNE

Hot Stocks

09:33 EDT Nano Nuclear Energy Inc trading halted, volatility trading pause
ATUS

Hot Stocks

09:33 EDT MiCTA selects Lightpath as approved vendor for connectivity services - MiCTA has named Lightpath as an approved vendor for its Internet, Ethernet, Wavelengths, Dark Fiber, Private Networks, Voice, and all of the company's managed service offerings. The Master Service Agreement will enable MiCTA members to purchase Lightpath's services at a discount.
TEM

Hot Stocks

09:32 EDT Tempus AI receives 510(k) clearance for Tempus ECG-AF - Tempus AI has received 510(k) clearance from the U.S. Food and Drug Administration for its Tempus ECG-AF device that uses AI to help identify patients who may be at increased risk of atrial fibrillation/flutter. This is the first FDA clearance for an AF indication in the category known as "cardiovascular machine learning-based notification software" and paves the way for physicians to use this innovative algorithm in the care of their patients.
INMB

Hot Stocks

09:24 EDT INmune Bio director buys 5K shares of common stock - In a regulatory filing, INmune Bio disclosed that its director Scott Juna bought 5K shares of common stock on June 25th in a total transaction size oF $36.4K. Shares of INmune Bio are up 2% in pre-market at $7.31.
GENI

Hot Stocks

09:21 EDT Genius Sports secures UEFA deal for player tracking technology - The company states: "On June 15, 2024, Genius Sports Limited secured an agreement with the Union of European Football Associations, or UEFA, to provide centre of mass player tracking technology to UEFA for the UEFA Europa League - seasons 2024/2025 to 2026/2027 inclusive - and the UEFA European Qualifiers and UEFA Nations League, 2024/25 to 2027/2028 seasons inclusive. This agreement will span 1,350 matches and see Genius Sports' AI technology installed at over 140 stadiums."
TCBI

Hot Stocks

09:19 EDT Texas Capital to open financial center in Southlake, Texas - Texas Capital Bancshares will open a new financial center in Southlake, Texas next month. It will be the first location of its kind for the firm, transforming its retail strategy to meet the evolving needs of the clients within the markets it serves across Texas. The Southlake Financial Center will be located at 1538 East Southlake Boulevard in the heart of the Southlake Town Square alongside State Highway 114. As part of Texas Capital's firm-wide transformation, the new location will advance the firm's commitment to delivering relationship-focused, elevated client experiences. The location was designed to complement digital capabilities with the in-person experience that provides access to the firm's private wealth management, business banking and personalized retail banking team.
CYCC

Hot Stocks

09:18 EDT Cyclacel Pharmaceuticals receives notice of intention to grant European patent - Cyclacel Pharmaceuticals announced the receipt of a notice from the European Patent Office of the intention to grant a patent which includes claims to novel pharmaceutical compositions of plogosertib, a PLK1 inhibitor. Once granted, the European patent will provide exclusivity until August 2040 not including any extensions. The Company is prosecuting patent applications from the same family in other jurisdictions.
RELI

Hot Stocks

09:18 EDT Reliance Global announces 1-for-17 reverse stock split - Reliance Global Group Board of Directors approved a 1-for-17 reverse stock split of the Company's common stock in order to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The Company was not required to obtain shareholder approval to effectuate the Reverse Stock Split. The Company filed articles of amendment to the Company's articles of incorporation, as amended, with the Secretary of State of the State of Florida to effectuate the Reverse Stock Split as of 5:00 p.m. Eastern Time on June 28, 2024. The Common Stock will begin trading on The Nasdaq Capital Market on a reverse split-adjusted basis at the start of trading on July 1, 2024, under the symbol "RELI" and under a new CUSIP number, 75946W 405.
GDST

Hot Stocks

09:17 EDT Goldenstone Acquisition, Infinitium enter business combination agreement - Goldenstone Acqusition and Infintium Fuel Cell Systems have entered into a definitive business combination agreement under which Goldenstone will combine with Infintium. Upon completion, the combined company will operate as Infintium Fuel Cell Systems Holdings, Inc. and its common stock is expected to be publicly listed on The Nasdaq Stock Market. Infintium's patent-pending and proprietary hydrogen fuel cell products, which include Class I, II and III electric forklift trucks and compatible with major forklift brands, provide carbon-free power source for material handling vehicles. The Company's fuel cell systems, operated with in-house developed software algorithms and DC/DC power controls, bring superior performances with longer operating time, steeper hill climbing, real-time, millisecond data acquisition and monitoring, remote diagnostics and fault detection capabilities. Infintium's fuel cells have been tested and proven in over 1.8 million hours of run time under harsh and challenging industrial operating environments. Its customers and end users include Fortune 500 industrial and automotive companies, such as Mercedes-Benz, Ford, and BMW, as well as some of the largest retail and e-commerce companies in the world. Under the terms of the Business Combination Agreement, the transaction values Infintium at a pre-money enterprise value of $130 million. The Business Combination would provide approximately $18 million in gross cash proceeds to Infintium at closing, before transaction expenses and assuming no redemptions of shares by Goldenstone's existing public stockholders. Existing Infintium stockholders are rolling 100% of their equity into the combined company post Business Combination. The proceeds from the Business Combination will be used for Infintium to secure new manufacturing facilities and expand its sales and marketing operations. Each of the board of directors of Infintium and Goldenstone have approved the proposed Business Combination, the consummation of which is subject to various customary closing conditions, including the filing and effectiveness of a Registration Statement on Form S-4 with the Securities and Exchange Commission, and the approval of the stockholders of Infintium and Goldenstone. Completion of the proposed Business Combination is expected to happen by the first quarter of 2025.
SGH LOGI

Hot Stocks

13:16 EDT SGH appoints Nate Olmstead as CFO - SGH (SGH) announced that Nate Olmstead has joined the company as senior vice president and CFO, reporting to SGH president and CEO Mark Adams. As CFO, Olmstead will lead SGH's worldwide finance organization, which includes accounting, internal audit, investor relations, financial planning and reporting, tax, and treasury. Olmstead brings more than 20 years of experience building and leading finance teams at global technology companies, having most recently served as CFO of Logitech (LOGI).
HAYW

Hot Stocks

09:15 EDT Hayward acquires pool water sanitization firm ChlorKing, no terms - Hayward Holdings announced the acquisition of ChlorKing , a U.S. market leader in commercial pool saline chlorinators and UV disinfection systems.This strategic acquisition advances Hayward's technology for commercial swimming pool water treatment, broadens its commercial product offering, and underscores its commitment to enhancing leadership in sustainable water management and treatment. ChlorKing is renowned for its leadership in on-site chlorine generation, commercial saline systems and UV disinfection systems for sanitizing swimming pools and other recreational bodies of water. "We are thrilled to welcome the ChlorKing team to Hayward. Under Steve Pearce's leadership, ChlorKing has established itself as a leader in commercial pool and recreational water treatment. This acquisition emphasizes our commitment to embracing technology that delivers sustainable, energy-efficient, and easy-to-use solutions for commercial pool operators and residential homeowners..."
VVI

Hot Stocks

09:14 EDT Viad to acquire Jasper SkyTram attraction for $18M - Viad announced that it has entered into an agreement to acquire the Jasper SkyTram attraction in Jasper National Park. Subject to approvals by Parks Canada, the company expects the transaction to close in July. The company will pay approximately $18M for the Jasper SkyTram, which represents an adjusted EBITDA buy-in multiple of approximately 7x. The transaction includes a renewable long-term lease with Parks Canada, with nearly 30 years remaining. During 2024, we expect the Jasper SkyTram to add revenue of approximately $4M, expressed in U.S. dollars, with an adjusted EBITDA margin that is accretive to Pursuit's overall margin.
KDLY

Hot Stocks

09:13 EDT KindlyMD announces SAM.gov registration, grant application - KindlyMD announced its registration on SAM.gov, the official U.S. federal funding platform. The System for Award Management is a U.S. government website that provides contractors and organizations the ability to register and apply for federal grants, renew contracts, and access data to support their grant application processes. This pivotal achievement not only enables KindlyMD to obtain funds for federal grants and contracts, including those with the Department of Veterans Affairs, but also opens the door to a broad spectrum of federal funding opportunities crucial for advancing its mission of providing comprehensive healthcare solutions. Following the Company's SAM.gov registration, KindlyMD submitted its first grant application for the United States Department of Agriculture Rural Utilities Service Distance Learning and Telemedicine Grant Program. Submitted on April 27, 2024, this application seeks to secure funding to expand the Company's Complete Care telehealth program in rural communities in Utah. This innovative program combines traditional primary care with pain management strategies and mental health services to deliver comprehensive telehealth treatment across Utah's rural communities. The program's goal is to deliver effective healthcare through an interconnected network of telemedicine clinics, addressing the unique challenges faced by rural populations. The fiscal year 2024 DLT grant application period closed on April 29, 2024, with KindlyMD applying for the full $1,000,000 grant to implement distance learning and telemedicine systems that will provide vital educational and medical services to remote communities.
KOPN

Hot Stocks

09:12 EDT Kopin develops high-resolution eyepiece for CLA used in Army's NG-SRI system - Kopin announced it has received a contract to develop a high-resolution eyepiece assembly for use in the new Commanders Launch Assembly CLA , used in the US Army's Next Generation-Short Range Interceptor or NG-SRI, system. The U.S. Army has long-planned to pursue a next-generation interceptor for short-range air defense; and the effort has become even more urgent with US stockpiles of Stinger missiles now being sent to support in Ukraine. The Army is pursuing a Stinger missile replacement for short-range air defense that can achieve faster speeds, overcome enemy radio-frequency jamming and hit more challenging targets, like drones, with greater precision and accuracy, according to the service's Program Executive Officer for Missiles and Space.
CMTL

Hot Stocks

09:12 EDT Comtech awarded $30M contract from North Central Texas - Comtech announced the North Central Texas Emergency Communications District awarded the company a contract to deliver Next Generation 9-1-1, or NG9-1-1, services that will further modernize NCT9-1-1's infrastructure. The NCT9-1-1 contract includes a five-year base award, as well as three additional two-year option periods, with a not to exceed value of approximately $30M. Comtech has partnered with NCT9-1-1 for over 10 years and the company currently provides a wide range of call routing and call handling technologies serving over two million people in Texas. NCT9-1-1 is responsible for 40-plus Emergency Communications Centers in 13 counties and five municipalities surrounding the Dallas/Fort Worth Metroplex. Through this new contract, Comtech's suite of public safety solutions will enable NCT9-1-1 to fully migrate to a new NG9-1-1 system. Comtech will also continue to enhance the region's call routing capabilities by providing major NG9-1-1 sub-components, including Next Generation Core Services, Emergency Services Internet Protocol Network and Call Aggregation, among other services.
UGRO

Hot Stocks

09:11 EDT Urban-Gro signs $12M in cannabis sector contracts in Q2 - urban-gro has signed multiple new contracts with more than a dozen clients in the cannabis sector, with aggregate expected contract revenue totaling approximately $12 million. The contract scopes include engineering, architecture, and design services, along with equipment procurement and construction management for cultivation and retail dispensary projects. The Company expects the majority of the revenue from these projects to be recognized by the end of the third quarter of 2024.
MEIL

Hot Stocks

09:11 EDT Methes Energies begins certification process for b2 biOil marine lubricants - Methes Energies confirmed the pursuit of National Marine Manufacturers Association engine oil certification. TC-W3 certification for 2-stroke marine engines; and, FC-W and FC-W Catalyst Compatible for 4-stroke cycle, water cooled gasoline engines for their assortment of b2 biOil marine bio-lubricants. As the leading certification body for the recreational boating industry in the USA, NMMA Certification impacts the recreational marine industry worldwide, helping to improve boat manufacturing and ensure quality products for consumers throughout the world. The United States Environmental Protection Agency has outlined the properties of Environmentally Acceptable Lubricants targeting three primary environmental traits; biodegradability, aquatic toxicity and bioaccumulation...all b2 biOils meet these standards, including "readily biodegradable," an arbitrary classification of chemicals which have passed certain specified screening tests for ultimate biodegradability. These tests are so stringent that it is assured that such components will rapidly and completely biodegrade in aquatic environments under aerobic conditions. In addition, the Vessel General Permit requires vessels to use EALs in all oil-to-sea interfaces as EALs minimize their likely adverse consequences in an aquatic environment.
EDBL

Hot Stocks

09:08 EDT Edible Garden to showcase Pulp product line at 2024 Organic Produce Summit - Edible Garden will exhibit its new line of Pulp sustainable, gourmet, USDA organic, fermented sauces and chili-based products, at the 2024 Organic Produce Summit, Booth #240, in Monterey, California, Thursday, July 11th, 2024. "We are excited to be part of the 2024 Organic Produce Summit," expressed Jim Kras, CEO of Edible Garden. "At the summit, we will showcase our innovative Pulp line of sustainable, gourmet, USDA organic, fermented sauces and chili-based products. These offerings align with our commitment to environmental stewardship and product innovation. Our slogan, 'Bland to Bold,' captures the essence of our products, appealing to those who value flavor-forward, sustainable, and organic options. As a leading greenhouse provider, this summit provides us with a prime opportunity to connect with retail partners, buyers, suppliers, and industry leaders."
NRBO

Hot Stocks

09:08 EDT NeuroBo Pharmaceuticals doses first patient in MAD Part 2 of DA-1726 trial - NeuroBo Pharmaceuticals announced dosing of the first patient in the multiple ascending dose Part 2 of its Phase 1 clinical trial of DA-1726, a novel, dual oxyntomodulin analog agonist that functions as a glucagon-like peptide-1 receptor and glucagon receptor, for the treatment of obesity. The company anticipates reporting top-line data from the SAD Part 1 during the third quarter of this year, and from the MAD Part 2 in the first quarter of 2025.
SNES

Hot Stocks

09:08 EDT SenesTech to deploy Evolve solution to control invasive species - SenesTech announced that Evolve, the Company's minimum risk soft bait for the proactive control of rats, will be deployed in the U.S Virgin Islands as part of an international effort to control invasive species in environmentally sensitive areas. This effort is administered by the Wild Ecology Group. SenesTech has developed and is in the process of commercializing a proprietary technology for managing animal pest populations, primarily rat populations, through fertility control. Evolve addresses the fundamental issue of rodent overpopulation by focusing on their rapid reproduction rates. Evolve proactively controls the population by reducing rodent fertility, rather than trying to keep up with the growing numbers of an infestation with poisons alone. The active ingredient in Evolve has been shown to effectively reduce fertility in rodents in numerous independent studies.
TRUG

Hot Stocks

09:07 EDT TruGolf signs exclusive licensing deal with Golf Blueprint - TruGolf announced a multi-year exclusive licensing partnership with Golf Blueprint. The agreement will make Golf Blueprint's patent-pending technology available to E6 APEX Subscribers. This exclusive partnership will give E6 APEX users access to Golf Blueprint's structured lesson plans that take the guesswork out practice and provide structured and measured plans inside of TruGolf's software. "This partnership marks the beginning of an exciting journey for our customers," said TruGolf CEO Chris Jones. "We could not ask for a better partner in our continued effort to make it easy for golfers to improve. The results speak for themselves - Golf Blueprint users lower their handicap and achieve incredible things on the golf course."
APO

Hot Stocks

09:07 EDT TeleVox unveils TeleVox Website Solution - TeleVox has unveiled a new TeleVox Website Solution that is designed for practices to enhance their digital presence and boost revenue by keeping schedules filled. The TeleVox Website Solution builds on the company's decades-long history of website development by integrating all elements of a practice's digital marketing presence to reduce staff burden and help grow revenue. All website packages come with Iris, the AI-powered virtual assistant which integrates with TeleVox Practice Edition, the industry-leading patient relationship management platform that keeps schedules filled and patients happy.
BTOG

Hot Stocks

09:07 EDT Bit Origin provides updates on collaborations with Aethir - Bit Origin provides an update on its collaborations with Aethir, the premier enterprise-focused distributed graphics processing units, GPU, cloud provider. Bit Origin, as Aethir's sales representative, aims to expand Aethir's market reach and has plans to acquire and deploy Aethir devices in Singapore and/or Malaysia. This strategic move is expected to enhance the Company's service offerings and drive significant growth for both companies. "We are excited to partner with Aethir, whose technology is truly transformative," said Jinghai Jiang, Chairman of the Board, CEO, and COO of Bit Origin Ltd. "This collaboration will significantly enhance our offerings while driving substantial growth and value for both companies."
SHOT

Hot Stocks

09:06 EDT Safety Shot announces strategic partnership with Atlantic Beverage Distributors - Safety Shot announced its strategic partnership with Atlantic Beverage Distributors, a leading Massachusetts and Rhode Island distributor of craft beer, wines, spirits, and non-alcoholic beverages and snacks. This collaboration aims to expand the reach of Safety Shot's innovative product to additional key markets in the Northeastern region. Headquartered in Holliston, Massachusetts, Atlantic Beverage Distributors has been a key player in the distribution industry since its founding in 1995. The company began with a mission to distribute specialty beer and wine not represented by volume wholesalers, and it has since evolved to feature the most sought-after brands.
SGPYY

Hot Stocks

09:06 EDT Sage Group annouces launch of Sage for Specialty Contractors - Sage announces the launch of Sage for Specialty Contractors, an end-to-end native-cloud construction suite that is built to handle the complexities specialty contractors face every day. Sage for Specialty Contractors enables contractors to handle every aspect of their business from preconstruction to closeout, and everything in between. It helps them save time, avoid error-prone work, improve communication with field teams, and make informed decisions with real-time data.
SYF ATLC

Hot Stocks

13:06 EDT Synchrony announces enhanced partnership with Atlanticus Holdings - Synchrony (SYF) announced an enhanced partnership with Atlanticus Holdings (ATLC). Atlanticus, through its bank partnerships, facilitates second look point-of-sale consumer credit programs spanning general purpose credit cards, private label credit cards, and installment loans predominately under the Fortiva brand. This enhanced partnership will deliver Synchrony merchants and partners a preferred second look financing solution designed to easily offer more customers access to credit, helping to increase merchants' sales and brand loyalty. Under this multi-year partnership, the program managed by Atlanticus will be the preferred second look financing solution for private label credit cards and installment loan products across Synchrony businesses. Synchrony merchants, including small businesses, healthcare providers and retail partners, will now have a streamlined enrollment process, a system that prioritizes ease of use and security, and favorable merchant pricing with Atlanticus.
HPQ MDT

Hot Stocks

13:05 EDT HP Inc. appoints Parkhill as Chief Financial Officer - HP (HPQ) announced that Karen Parkhill will join the company as Chief Financial Officer on August 5, 2024. Tim Brown, who has been serving as interim Chief Financial Officer, will return to his role as the head of Print Finance. Parkhill, has spent the past 13 years serving as the Chief Financial Officer for well-established, publicly traded companies. Parkhill joins HP from Medtronic (MDT) where she served as Executive Vice President and Chief Financial Officer since 2016.
ELAB

Hot Stocks

09:05 EDT Elevai Skincare to debut new product line at The Aesthetic Show - ELEVAI LABS announced Elevai Skincare's participation in The Aesthetic Show, taking place on June 27-30, 2024 at the Wynn Las Vegas. The company will be showcasing its latest advancements at Booth #511 and unveiling the next generation of its groundbreaking stem cell exosome products. Jordan R. Plews, PhD, the CEO and Co-Founder of Elevai Skincare, will lead a highly anticipated presentation to introduce an innovative new product line. Joining Dr. Plews will be distinguished guest speaker Keshav Singh, PhD, a renowned scientist and inventor of one of the key active ingredients used in Elevai's new products.
ORMP

Hot Stocks

09:04 EDT Oramed announces $20M share repurchase plan - Oramed Pharmaceuticals announced that its Board of Directors has authorized a common stock repurchase plan allowing for the buy-back of up to $20M in maximum value of its common stock through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended, over the next 12 months.
BNAI

Hot Stocks

09:04 EDT Brand Engagement Network, Valio partner to develop AI assistants - Brand Engagement Network and Valio Technologies announced a partnership aimed at developing healthcare AI assistants that will support the mental health of students at universities across South Africa. BEN is working with Valio to support Valio's mission of creating ground-breaking technologies that minimize many of the problems that afflict the African continent and can provide support to over 600,000 university students across the country. Leveraging BEN's safe, conversational, human-modeled AI avatars, Valio's eYakho Health platform will support student mental health at over one dozen universities in South Africa. Valio's eYakho Health platform is Africa's largest eHealth network and will provide the necessary information and best practices to train BEN's AI assistants to handle sensitive mental health queries from students and provide a human-like resource that students can leverage for support and to find mental health treatment and therapy options. The partnership aims to deploy BEN's AI assistants across South Africa's 503 registered post-school education and training institutions, encompassing public universities, private higher education institutions, technical and vocational education colleges, private colleges, and community education and training colleges.
NXL

Hot Stocks

09:04 EDT Nexalin Technology announces 'positive' study data in MDD - Nexalin Technology announced positive results of a clinical study designed to evaluate the feasibility, safety, and efficacy of transcranial alternating current dynamic frequency stimulation as an add-on treatment for the symptoms of major depressive disorder, MDD, also known as clinical depression, a mental health condition that affects mood, behavior, appetite, and sleep. The study was designed as a 4-week, double-blind, randomized, sham-controlled trial, in which sixty-six participants were recruited and randomly assigned to receive 20 40-minute sessions of either active treatment using the Company's non-invasive Deep Intracranial Frequency Stimulation technology or sham stimulation. Significant differences were found in the reductions in the Hamilton Depression Rating Scale scores at week 4. Response rates at week 4 were significantly higher in the active tACS group than in the sham tACS group. In the active tACS group, a correlation between the mean change in alpha power and HAMD-17 scores at week 4 was found, and the mean change in alpha power was significantly greater for responders. No serious adverse events were observed in this trial.
INTA

Hot Stocks

09:02 EDT Enventure selects Intapp DealCloud to drive firm growth - Intapp announces that private equity firm Enventure has selected Intapp DealCloud and its AI capabilities to modernize deal management and investor relations.
SNPX

Hot Stocks

09:02 EDT Synaptogenix announces FDA approved IND application for Bryostatin-1 - Synaptogenix announced that the FDA has authorized an Investigational New Drug, or IND, application for Bryostatin-1 as a potential treatment for multiple sclerosis, or MS. The fully-funded, open-label clinical trial will be held and managed at Cleveland Clinic Neurological Institute's Mellen Center for Multiple Sclerosis. The study will utilize state-of-the-art 7-tesla magnetic resonance imaging, or MRI, technology to identify biomarkers for evaluating Bryostatin-1's impact on the brain. Bryostatin-1 is a small molecule that works by activating protein kinase C, or PKC, enzymes required for maintaining synapse health and is involved in learning and memory. The therapy may also enhance anti-inflammatory efficacy to prevent degradation of the insulating sheath around nerve fibers. With a balance sheet including approximately $26.3M in cash as of March 31, the Company's Phase 1 MS trial is fully-funded. The Company maintains a relatively low cash burn rate and ample resources to support continued development of Bryostatin-1 for MS and other indications, as well as to pursue research on other innovative assets and/or the potential acquisitions of asset rights.
MDT HPQ

Hot Stocks

13:02 EDT Medtronic CFO Karen Parkhill to resign - Medtronic (MDT) announced that Karen Parkhill will resign as executive vice president and CFO to accept the role of CFO for HP Inc. (HPQ). The company is evaluating internal and external succession candidates. Parkhill will continue to serve as CFO until her departure on August 2, and Gary Corona, senior vice president, Global Financial Planning and Analysis, will serve as interim chief financial officer upon her departure.
AGRI

Hot Stocks

09:01 EDT AgriFORCE retains Barrett Moonet as Agricultural Technical Consultant - AgriFORCE Growing Systems has retained Barrett Mooney as an Agricultural Technical Consultant. Dr. Mooney served as the CEO and Chairman of the Board for a NYSE-listed aerospace and defense company where he led the company through several major acquisitions and the transition from private to publicly traded.
SILO

Hot Stocks

08:52 EDT Silo Pharma, AmplifyBio partner to advance SPC-15 for PTSD, anxiety - Silo Pharma has awarded a contract to its contract research organization partner AmplifyBio for an investigational new drug-enabling large animal GLP study of its lead asset, SPC-15, an intranasal prophylactic treatment for post-traumatic stress disorder. The 4-week GLP study will evaluate a 28-day repeat intranasal dosing with a 14-day recovery. In a recent non-GLP small animal dose-ranging study conducted with AmplifyBio, SPC-15 demonstrated rapid absorption with good exposure over a 24-hour period, suggesting a simple once-per-day human intranasal dosing regimen. The Company entered into previous research and development agreements with AmplifyBio in early 2023 and 2022. Silo submitted a pre-IND briefing package and meeting request to the FDA for SPC-15 earlier this month. The IND-enabling GLP toxicology study is part of the final steps required before submission of an IND application to the FDA.
IBKR...

Hot Stocks

12:48 EDT Interactive Brokers considers options related to $48M loss on Berkshire anomaly - Interactive Brokers (IBKR) stated in a press relase: "On the morning of Monday, June 3, 2024, at approximately 9:50 am EDT, the price of Berkshire Hathaway Class A shares (BRK.A) suddenly plummeted in the space of a few seconds from approximately $622,000 per share to approximately $185 per share. This occurred as part of an unspecified technical issue at the New York Stock Exchange (ICE). This technical issue and dramatic price event led NYSE to promptly halt BRK A from trading. News of BRK A's anomalous price drop quickly spread across social media. Some of the clients of the various brokerage subsidiaries of Interactive Brokers Group, Inc., in an apparent attempt to take advantage of this 'opportunity,' submitted market buy orders during the trading halt, presumably expecting those orders to be filled at approximately $185/share when trading resumed. Without any further notice and without addressing a substantial order imbalance that developed during the halt, NYSE resumed trading of BRK A at approximately 11:35:54 am EDT at a price of $648,000. Over the next 98 seconds, the price of BRK A rose to as high as $741,971.39 per share. Many of the Company's clients that had placed market buy orders during the trading halt were filled at various prices during this run-up, including some who were filled at the peak price. The Company promptly filed a clearly erroneous execution petition with NYSE and certain other U.S. exchanges, seeking to bust the trades that had occurred at anomalously high prices during the disorderly market that followed the resumption of trading. NYSE did not respond to that petition until several hours later, after the close of regular trading hours. At approximately 6:30 pm EDT, NYSE informed the Company that it had determined, together with the other US stock exchanges, that it would decline to act with respect to IBLLC's CEE petition. That evening, the Company determined to take over a substantial portion of these trades as a customer accommodation. The Company also promptly filed claims for compensation with NYSE. On June 25, 2024, NYSE notified the Company that it had denied those claims in full. As a result, the Company has realized losses, including losses on certain hedge transactions, in the amount of approximately $48M. The Company is continuing to consider its options with respect to recovery of these amounts, including any claims at law it could assert against NYSE or related entities. The Company does not believe that these losses will have a material effect on its financial condition."
NUWE

Hot Stocks

08:47 EDT Nuwellis announces 1-for-35 reverse stock split - Nuwellis announced today a 1-for-35 reverse split of its common stock, par value $0.0001, effective at 5:00 pm Eastern Time June 27, 2024. Beginning on June 28, 2024, the Company's Common Stock will trade on The Nasdaq Capital Market on a split-adjusted basis. At the Company's annual meeting of stockholders on June 6, 2024, its stockholders approved a proposal to amend the Company's Fourth Amended and Restated Certificate of Incorporation to effect such a reverse split of the Company's outstanding Common Stock at a ratio in the range of 1-for-5 to 1-for-70 to be determined at the discretion of our Board of Directors.
JAGX

Hot Stocks

08:38 EDT Jaguar Health regains compliance with Nasdaq's bid price requirement - Jaguar Health received formal notice from The Nasdaq Stock Market that Jaguar has regained compliance with Nasdaq's minimum bid price requirement.
SOAR...

Hot Stocks

12:38 EDT Volato provides update on HondaJet and Gulfstream G280 deliveries - Volato Group (SOAR) provides an update on the availability of new aircraft for delivery in 2024. The company has received ready notices for two HondaJets that will be available for delivery in June and two additional HondaJets (HMC) in July. Additionally, Gulfstream (GD) has notified the Company that its first G280 will be ready for delivery in August. Matt Liotta, Co-Founder and Chief Executive Officer of Volato, commented, "We are excited about the forthcoming additions to our fleet. "These updates are a positive step towards achieving our goal of expanding our fleet with 8-10 HondaJets and 2 Gulfstream G280s this year, reaffirming our commitment to providing our clients with modern, state-of-the-art aircraft."
TSHA

Hot Stocks

08:38 EDT Taysha Gene Therapies falls 12% to $2.16 after filing to sell $75M shares
PSN

Hot Stocks

08:38 EDT Parsons selected to help deliver Manchester's Cemetery Brook Drain Tunnel - Parsons Corporation was selected by the City of Manchester, New Hampshire, to help deliver the new Cemetery Brook Drain Tunnel Project, the city's largest public works project to date. The three-year, $16 million contract includes program and construction management services for the project, designed to help mitigate the risk of flooding in the city, eradicate combined sewer overflow discharges into the Merrimack River, and secure the river as a source of clean drinking water.
WATT

Hot Stocks

08:37 EDT Energous announces new partnerships with Annukin, Ecobyte, Peak Technologies - Energous Corporation announced new partnerships with Annukin, Ecobyte, and Peak Technologies to help accelerate adoption of the company's solutions worldwide. "Annukin, Ecobyte, and Peak Technologies joining the Energous partner ecosystem represents a significant step forward in our ability to provide global solutions that address the growing need for cost effective, reliable, and consistent power for internet-connected devices and IoT applications in supply chain, retail, and healthcare settings," said Mallorie Burak, Interim Principal Executive Officer and CFO of Energous. "Joining forces with experienced partners accelerates access to the Energous solutions that provide the fundamental building block - wireless power - to customers looking to optimize and build the warehouses of tomorrow and energize a new generation of battery-free IoT-enabled devices, from retail sensors and asset trackers to air quality monitors, motion detectors, and more."
LFWD

Hot Stocks

08:37 EDT Lifeward launches AlterG NEO Anti-Gravity Treadmill - ReWalk Robotics DBA Lifeward announced the launch of its new AlterG NEO Anti-Gravity Treadmill. This latest innovation from Lifeward leverages the unique Differential Air Pressure technology that is the cornerstone of every AlterG Anti-Gravity System and introduces it at a price point that makes the technology accessible to a broader range of physical rehabilitation clinics and athletic training facilities.
WBUY

Hot Stocks

08:35 EDT Webuy launches Sing Select gift series - Webuy Global announced the launch of its Sing Select gift series, a new line of high-quality, thoughtfully curated gift sets designed to celebrate the rich and diverse culture of Singapore. The series was officially launched in May 2024 with the Plum Wine Gift Set as the first proprietary product in the series. Consumer demand for the Plum Wine Gift Set has exceeded expectations, with more than 700 sets sold in a single day. Building on the initial success of the Plum Wine Gift Set, Webuy is expanding the Sing Select gift series to include a variety of other high-quality Company-designed and wholly owned branded products. Upcoming launches will feature a range of gift sets such as healthy nuts, premium teas, and gourmet coffees.
BOF

Hot Stocks

08:35 EDT BranchOut Food ships first production of new products, to be launched in July - BranchOut Food announced it has shipped the first production of the new products that will be launched nationwide in July 2024 by the nation's largest retailer. The dried brussels sprouts and dried carrot sticks are new products requested by the retailer. Eric Healy, CEO of BranchOut Food, said, "We are excited to continue growing our relationship as a trusted partner to this large, brand-name retailer. In addition to the products shipped this month, the retailer has asked BranchOut Food to develop a number of additional flavored variations of the products that it will review for future opportunities. We look forward to potentially increasing our item count on shelves with this retailer. BranchOut Food contracts with the retailer now total approximately $8 million in annualized revenue
CLBT AMZN

Hot Stocks

12:34 EDT Cellebrite announces availability of Endpoint Inspector SaaS on AWS Marketplace - Cellebrite (CLBT) announced that its Endpoint Inspector SaaS, the Company's real-time data access, collection and analysis solution, is now available on Amazon Web Services Marketplace (AMZN), Endpoint Inspector SaaS empowers private sector corporate investigators and eDiscovery practitioners to securely collect and analyze data in real-time from a wide range of remote devices and computers. By leveraging the AWS cloud infrastructure, businesses can manage their targeted data collection activities seamlessly, allowing for faster extraction of critical information and ultimately deeper insights into corporate digital investigations and e-discovery.
PSX

Hot Stocks

08:34 EDT Phillips 66 achieves full production rates of renewable fuel - Phillips 66 announced the full conversion of the Rodeo Renewable Energy Complex, expanding commercial-scale production and positioning the company as a leader in renewable fuels. The Rodeo facility in the San Francisco Bay Area increased rates to approximately 50,000 BPD, reaching the company's goal of achieving full capacity by the second quarter of 2024. The announcement also marks a significant step in Phillips 66's commitment to play a meaningful role in the energy transition and provide customers with lower-carbon solutions. "Phillips 66 has reached another important milestone, which is a testament to our employees' dedication to achieving our company's strategic priorities," said Rich Harbison, Phillips 66 executive vice president of Refining. "The facility running at full capacity supports the growing demand for renewable fuels, lowers our carbon footprint and creates long-term value for our shareholders." Announced in 2020, Rodeo Renewed is designed to produce renewable diesel and sustainable aviation fuel SAF , among other products. In addition to supplying California markets, the complex is providing renewable diesel in other areas along the West Coast.The Rodeo complex includes new pre-treatment units that process lower carbon intensity feedstocks, such as used cooking oil, fats, greases and vegetable oil. It began producing approximately 30,000 BPD of renewable fuel at the end of the first quarter of 2024.
CBUS

Hot Stocks

08:34 EDT Cibus expands intellectual property coverage for plant gene editing, traits - Cibus announced that it has expanded its intellectual property coverage for 10 gene editing and trait families. This intellectual property expansion over the last 6 months covers several areas including gene editing, productivity traits and quality traits, like high fiber wheat, strengthening the Company's patent coverage in geographies including, but not limited to, Europe, EPO, Asia, Latin America, Canada, and the United States. Greg Gocal, PhD, Co-Founder, Executive Vice President and Chief Scientific Officer at Cibus, commented, "The development of our intellectual property is foundational to our strategy and demonstrates our ability to edit complex traits across multiple crops. We are pleased with the recognition of the patent offices in many countries, who through their decisions have validated our know-how and ability to develop gene edited traits.."
CLIR

Hot Stocks

08:33 EDT ClearSign announes sale of its largest boiler burner - ClearSign Technologies announces a burner sale from the horizontally fired process burner product line. "This sale is meaningful for multiple reasons," said Jim Deller, CEO. "First, this is the largest boiler burner we have sold to date, at close to 90M hr, or almost two times the size of our previous largest single burner. With this we will have demonstrated products designed for our small, medium and large size ranges in the field. Secondly, this burner was sold in collaboration with another heater manufacturer, Devco Process Heaters, into the midstream market, which will introduce our solutions to new customers and expand our sales channels." The burner was sold by Devco Process Heaters of Tulsa, OK and will be going into a new heater in a central Texas gas processing facility. The Company expects to deliver the burner in the Q3.
ACON

Hot Stocks

08:33 EDT Aclarion announces initial payer coverage of Nociscan by AXA in London, UK - Aclarion announced their initial payer coverage of Nociscan by AXA in London, UK in conjunction with The London Clinic, one of the UK's largest and most renowned independent hospitals. AXA is a leading provider of private medical insurance in the UK. "Securing first payer coverage is the most significant milestone Aclarion has achieved to date," said Brent Ness, CEO Aclarion. "This is a monumental step in launching widescale commercialization efforts at Aclarion. Nothing becomes standard of care in healthcare without reimbursement and we have now validated our strategy in one of the largest, most sophisticated healthcare markets in the world. We anticipate additional coverage decisions in the weeks to come and will be filling reimbursed markets with sales teams trained to drive adoption. We are very committed to serving the needs of the patients covered by this AXA payer decision. Evidence to date demonstrates that when Nociscan is incorporated into the treatment plan, outcomes significantly improve. This evidence and our physician support is why other payers will be following AXA's example."
OMQS

Hot Stocks

08:32 EDT Omniq announces transition from Nasdaq to OTC Markets - OMNIQ Corp. announced that its stock has transitioned from NASDAQ to the OTC Markets. OMNIQ's stock continues to trade under the ticker symbol OMQS, ensuring uninterrupted market activity for its shareholders. OMNIQ remains committed to maintaining the highest standards of corporate governance and transparency. Nasdaq determination to delist the company's stock, effective May 7, 2024, is due to not meeting the minimum market value requirement of $35 million. OMNIQ remains fully compliant with all other regulatory guidelines and is actively taking steps to be relisted on a national exchange. This move reflects OMNIQ's commitment to operational excellence and positions us for future opportunities. OMNIQ's stock has seamlessly transitioned to the OTC Markets, continuing to trade under the same ticker symbol, OMQS. Shareholders will not need to take any action as their investments remain secure and tradable.
RNXT

Hot Stocks

08:32 EDT RenovoRx announces UNMC is enrolling patients with LAPC for Phase III trial - RenovoRx announced that the University of Nebraska Medical Center, UNMC, is now enrolling patients with Locally Advanced Pancreatic Cancer, LAPC, in the Company's ongoing pivotal Phase III TIGeR-PaC clinical trial. The TIGeR-PaC study is using RenovoRx's patented TAMP therapy platform to evaluate its RenovoGem investigational drug-device combination product. RenovoGem utilizes pressure-mediated delivery of chemotherapy across the arterial wall to bathe tumor tissue. The study is comparing treatment with TAMP to the current standard-of-care.
WKHS

Hot Stocks

08:31 EDT Workhorse Group expands certified dealer network with Eco Auto - Workhorse Group announced the addition of Eco Auto to its Workhorse Certified Dealer Network. Eco Auto is Workhorse's first dealer in the Greater Boston area and its 13th dealer nationwide. Located in the northwest Boston community of Tewksbury, MA, Eco Auto specializes in empowering businesses with sustainable commercial vehicle solutions. Massachusetts is a key state for electric vehicle adoption, driven by the MOR-EV program, which makes it more cost-effective for fleets to transition to zero-emission vehicles. The program offers substantial rebates on the purchase or lease of electric trucks, with base voucher rebates ranging from $30,000 to $60,000 per vehicle. The program is available to private businesses, universities, nonprofits, and municipalities.
DAN

Hot Stocks

08:31 EDT Dana appoints Lisa Amend as Chief Human Resources Officer - Dana Incorporated announced the appointment of Dana veteran Lisa Amend as Senior Vice President and Chief Human Resources Officer. Amend brings to this role more than 20 years of experience as a labor and employment attorney supporting human resources in all areas, including litigation and dispute management, labor relations, employee benefits, and executive compensation. She will have responsibility for the company's human resources strategy and processes, including talent lifecycle and acquisition; talent management and development; diversity, equity, and inclusion; employee engagement; and workforce planning. Amend has been with Dana for more than 12 years, beginning in 1998, where she served as a member of the Law Department until 2006. She rejoined Dana in 2020 as Senior Legal Counsel and served as a member of the Office of Business Conduct before being named Vice President, Assistant General Counsel, and Assistant Secretary in 2023. Before her time with Dana, Amend served as managing counsel for Marathon Petroleum Corporation and worked in private practice at the law firm of Taft, Stettinius & Hollister.
NTCT

Hot Stocks

08:29 EDT NetScout expands DDoS scrubbing capabilities into Canada - NetScout announced it expanded its Arbor Cloud DDoS attack mitigation network to 16 scrubbing centers worldwide with the recent addition of a new Toronto facility. This network offers ISPs and enterprise customers more than 15 terabits per second Tbps of dedicated attack capacity. Canadian businesses and organizations will benefit from this new scrubbing center with lower latency because attack traffic takes less time to be diverted for mitigation and redirection to Canadian destinations. In addition, Canadian-originated and destined traffic and data remain within Canadian borders to help organizations comply with privacy and data sovereignty regulations at provincial and national levels. According to NetScout's recent Threat Intelligence Report, Canada-based organizations experienced more than 130,000 DDoS attacks in the second half of 2023, with adversaries targeting financial services, education, insurance, healthcare, and government sectors. Arbor Cloud is a cloud-based managed DDoS attack mitigation service that can augment on-premises DDoS defense with cloud-based traffic scrubbing services that are tightly integrated via automated cloud signaling, providing comprehensive protection against complex multi-vector attacks. It is backed by the visibility and threat detection offered through Arbor Sightline, which works with the Arbor Threat Mitigation System, TMS, to surgically remove DDoS attack traffic.
MASI

Hot Stocks

08:25 EDT Politan outlines need for 'truly independent board' at Masimo - Politan Capital Management , an 8.9% shareholder of Masimo sent a letter to the company's shareholders outlining why a majority of truly independent directors are urgently needed in the Masimo boardroom. Politan also released a detailed investor presentation making the case for change and why independent nominees - Darlene Solomon, former Chief Technology Officer of Agilent, and Bill Jellison, former Chief Financial Officer of Stryker - would bring critically needed expertise to Masimo's Board of Directors. The full presentation can be found here. Additional information can be found on www.AdvanceMasimo.com. "Politan owns 9% of Masimo - an approximately $600M investment that makes us one of the Company's largest shareholders. We invested in Masimo over two years ago because we believe in the Company's tremendous promise. However, it has become clear that to protect shareholder value, let alone realize Masimo's potential, the Company needs a majority of truly independent directors. This is why we have nominated to the Board Darlene Solomon, former Chief Technology Officer of Agilent, and Bill Jellison, former Chief Financial Officer of Stryker - two unquestionably independent nominees who bring crucial expertise needed in Masimo's boardroom. We have made numerous efforts to avoid another proxy contest. Each of our settlement proposals has offered Mr. Kiani the opportunity to remain on the Board. Our offers still stand. Masimo has proposed to seat both Dr. Solomon and Mr. Jellison, but only if we agreed to a separation transaction on the terms that Mr. Kiani had sought earlier this year..."
SHEL

Hot Stocks

08:20 EDT Shell announces FID for Polaris, Atlas Carbon Storage projects - Shell Canada Products, a subsidiary of Shell, announced the Final Investment Decision, FID, for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650,000 tonnes of CO2 annually from the Shell-owned Scotford refinery and chemicals complex. In addition to the Polaris FID, Shell announced FID to proceed with the Atlas Carbon Storage Hub in partnership with ATCO EnPower. The first phase of Atlas will provide permanent underground storage for CO2 captured by the Polaris project. Both projects are expected to begin operations toward the end of 2028.
MGAM

Hot Stocks

08:20 EDT Team Mogo Esports advance to finals of Krafton Battle Grounds Mobile India - The company said, "Team Mogo Esports is thrilled to announce that we have advanced to the finals of the highly anticipated Krafton Battle Grounds Mobile India Series 2024. The prestigious event will take place in Hyderabad from June 28th to June 30th, 2024. The road so far has been nothing short of relentless determination, strategy, skillset-mastery, and competition Te.am Mogo Esports has emerged as a pole contender in this year's series. Our advancement to the finals is a message of what our team is capable off. The unyielding support from our fans and the entire esports community keeps our team going and aiming for the title."
PEV

Hot Stocks

08:18 EDT Phoenix Motor announces integration of recently acquired Proterra bus division - Phoenix Motor announces the integration of the recently acquired Proterra transit bus division into its existing medium-duty business, heralding the birth of a new powerhouse brand: PhoenixEV. This strategic amalgamation combines the expertise and innovation of two dominant industry players, cementing PhoenixEV's position as an impactful market force in sustainable transportation solutions across North America. The company said, "PhoenixEV's cutting-edge electric buses reign supreme in sustainable public transportation, with over 1,200 units already deployed and serving communities throughout the U.S. This union of capabilities in medium and heavy-duty shuttles, trucks, school buses, and transit buses, coupled with a seasoned team operating out of California and South Carolina, fortifies PhoenixEV's unmatched product range and proven electric commercial vehicles. With over 55 million miles driven on its zero emission solutions, PhoenixEV is now capable of offering combined solutions for various classes and applications in the commercial fleet, school and transit markets."
SSYS

Hot Stocks

08:17 EDT Stratasys enrolls first patient in orthopedic oncology 3D printed model study - Stratasys and Ricoh announced the enrollment of the first patient in a clinical study aimed to evaluate the use of 3D printed models for orthopedic oncology. The study will assess the efficacy of patient-specific 3D printed anatomical models for preoperative planning and tumor excision in comparison to the current standard of care, which relies solely on CT or MRI imaging. The joint research aims to demonstrate potential improvements in surgical outcomes, including reduced blood loss, shorter operating time including time under anesthesia, and decreased risk of procedural complications. To do this, clinical outcomes will be compared between an experimental group in which tumors are excised using 3D printed models alongside imaging for planning, and an active comparator group in which tumor excision will be prepped solely with imaging.
CWBHF WMT

Hot Stocks

12:17 EDT Charlotte's Web announces its products now available at Walmart - Charlotte's Web Holdings (CWBHF), a company providing hemp-derived CBD wellness products, is pleased to announce that its products are now available at Walmart (WMT). Starting this month, consumers will find Charlotte's Web CBD topical products in 827 Walmart stores across five states including California, Illinois, Florida, Texas, and Pennsylvania.
SSYS

Hot Stocks

08:16 EDT Ricoh USA and Stratasys enroll first patient in clinical study with 3D models - Ricoh USA and Stratasys announced the enrollment of the first patient in a groundbreaking clinical study aimed to evaluate the use of 3D printed models for orthopedic oncology. The study will assess the efficacy of patient-specific 3D printed anatomical models for preoperative planning and tumor excision in comparison to the current standard of care, which relies solely on CT or MRI imaging. The joint research aims to demonstrate potential improvements in surgical outcomes, including reduced blood loss, shorter operating time including time under anesthesia, and decreased risk of procedural complications. To do this, clinical outcomes will be compared between an experimental group in which tumors are excised using 3D printed models alongside imaging for planning, and an active comparator group in which tumor excision will be prepped solely with imaging. The benefits of 3D printed models in preoperative planning are severalfold and positively impact both medical practitioners and patients alike. Doctors and surgeons benefit from improved and more informed presurgical planning and practicing prior to operations, making complex procedures more efficient, economical and faster.
ASDRF

Hot Stocks

08:15 EDT Ascendant Resources appoints McGovern Hurley as auditor - Ascendant Resources announced that it has appointed McGovern Hurley LLP as its auditor until the next meeting of shareholders. The appointment of McGovern Hurley follows mutual agreement between Ascendant and KPMG LLP and the subsequent notice from KPMG LLP to resign as auditor of the Company.
GAME

Hot Stocks

08:15 EDT Stream Hatchet renews, expands relationship with Riot Games - Stream Hatchet has renewed its relationship with Riot Games. Stream Hatchet has been providing Riot Games with SaaS-based analytics solutions for five years and recently expanded its scope with Riot Games with additional influencer marketing capabilities provided by Sideqik, also a GameSquare company.
EFXT

Hot Stocks

08:13 EDT Enerflex announces extension, consolidation of credit facilities - Enerflex announced the extension and consolidation of its credit facilities and outlined a new target leverage framework. Enerflex has entered into an agreement to extend the maturity date of its secured revolving credit facility by one year to October 13, 2026. Availability under the RCF has been increased to $800 million from $700 million. Enerflex has received renewed lending commitments from all current syndicate members and has also introduced HSBC Bank USA, N.A. as a lender. In conjunction with the extension, Enerflex will be repaying all outstanding amounts under its secured term loan using cash on hand and availability under the expanded RCF. As at March 31, 2024, the TLA had drawings of $120 million. The Company also continues to maintain a $70 million unsecured credit facility with one of the lenders in its RCF syndicate. The LC Facility is supported by performance security guarantees provided by Export Development Canada. As at March 31, 2024, the Company had utilized $36 million of the $70 million LC Facility limit. Enerflex is introducing a new leverage framework, targeting a bank-adjusted net debt-to-EBITDA ratio of 1.5x to 2.0x. The new leverage framework is underpinned by the highly utilized U.S. contract compression fleet, contracted international Energy Infrastructure product line and the recurring nature of our After-market Services business. Enerflex's Energy Infrastructure product line is supported by customer contracts, which are expected to generate approximately $1.6 billion of revenue during their current remaining terms. Providing meaningful returns to shareholders is a priority for Enerflex. Once the Company is operating within its target leverage range, Enerflex expects to re-evaluate capital allocation priorities, which could include increased dividends, share repurchases, additional growth capital spending, and/or further repayment of debt. Allocation decisions will be based on providing the most attractive shareholder returns and measured against Enerflex's ability to maintain balance sheet strength.
SRE

Hot Stocks

08:12 EDT Sempra Energy and Aramco announce sale and purchase agreement for LNG - Aramco and Sempra announce that their respective subsidiaries have executed a non-binding Heads of Agreement, or HoA, for a 20-year sale and purchase agreement, or SPA, for liquefied natural gas, or LNG, offtake of 5.0 million tonnes per annum, or Mtpa, from the Port Arthur LNG Phase 2 expansion project. The HoA further contemplates Aramco's 25% participation in the project-level equity of Phase 2. The parties expect to execute a binding LNG SPA and definitive equity agreements with terms substantially equivalent to those in the HoA, with the SPA and equity agreements subject to a number of conditions.
ORYZF

Hot Stocks

08:11 EDT Oryzon Genomics presents final data from PORTICO trial of vafidemstat - Oryzon Genomics will present final data from its Phase IIb PORTICO trial, which investigated the efficacy of vafidemstat in the treatment of Borderline Personality Disorder, as an oral presentation at the 37th European College of Neuropsychopharmacology annual conference, to be held on September 21-23, 2024 in Milan, Italy. PORTICO was a global double-blind, randomized, placebo-controlled, adaptive 14-week Phase IIb trial evaluating the efficacy and safety of vafidemstat in a BPD population. The trial had two primary endpoints: reduction of agitation and aggression and overall disease improvement in BPD severity. The trial also included two secondary endpoints also exploring the reduction of agitation and aggression and overall disease improvement in BPD severity by different scales. The trial opened a total of 27 clinical sites, 14 in the U.S. and 13 in Europe, and recruited a total of 210 patients, randomized 1:1 in two arms. In January the company released PORTICO topline data showing that, although the primary endpoints, overall improvement by the Borderline Personality Disorder Checklist and improvement in agitation/aggression by the Clinical Global Impression - Severity Agitation/Aggression, had not reached statistical significance, there was a remarkable nominal statistical significance on two secondary endpoints: overall improvement of the disease measured by the Borderline Evaluation of Severity at weeks 8-12, and also on the reduction of agitation/aggression measured by the State-Trait Anger Expression Inventory 2 Trait Anger at weeks 8-12. Vafidemstat was safe and well tolerated, consistent with the overall safety profile to date. The final analysis of the data has resulted in a clear improvement in most of the measures released in January. Following this oral presentation at ECNP, the results will be subsequently published in a peer-reviewed medical journal. The company has requested the FDA an End-Of-Phase 2 meeting to discuss the design of a registrational Phase III trial with vafidemstat in BPD.
VIR

Hot Stocks

08:11 EDT Vir gets FDA clearance, fast track designation for tobevibart and elebsiran - Vir Biotechnology announced that the FDA has cleared its investigational new drug, or IND, application and granted Fast Track designation for the combination of tobevibart and elebsiran for the treatment of chronic hepatitis delta infection. Tobevibart, an investigational monoclonal antibody, and elebsiran, an investigational small interfering ribonucleic acid, are currently being evaluated in the company's Phase 2 SOLSTICE hepatitis delta clinical trial, with complete 24-week treatment data on track to be reported in the fourth quarter.
AYRWF

Hot Stocks

08:09 EDT Ayr Wellness opens AYR Cannabis Dispensary Hometown in Illinois - AYR Cannabis Dispensary announced the opening of AYR Cannabis Dispensary Hometown, the Company's third retail location in Illinois and 92nd nationwide. Located in a suburb of Chicago at 4140 SW Hwy, Hometown, IL 60456, AYR Cannabis Dispensary Hometown began serving adult-use consumers on June 25. The dispensary features a welcoming environment for customers with a retail floor of approximately 4,200 square feet.
ICAD

Hot Stocks

08:09 EDT iCAD to highlight research on potential of its ProFound AI Risk algorithm - iCAD announced it will highlight new research demonstrating the efficacy of its ProFound AI Risk algorithm in breast cancer risk assessment compared to traditional models at the upcoming Society for Imaging Informatics in Medicine, SIIM, Annual Meeting. The company will also highlight its recently launched ProFound Cloud, an advanced software-as-a-service, SaaS, platform that offers medical providers a cost-effective, secure, and scalable solution for accessing and deploying the latest ProFound Breast Health Suite of AI solutions. "Dr. Traill's latest research is a significant step forward in the application of iCAD's ProFound AI Risk for breast cancer risk assessment. The ability to identify women with a higher likelihood of breast cancer by analyzing changes in AI-derived risk score between a woman's prior and current mammogram will facilitate earlier intervention and improve outcomes," said Dana Brown, president and CEO of iCAD.
BRAG MGM

Hot Stocks

12:09 EDT Bragg Gaming announces BetMGM Pennsylvania content launch - Bragg Gaming (BRAG) announced the launch of its newest games and Remote Game Server, or RGS, technology with BetMGM (MGM) in Pennsylvania. This marks the third state in which Bragg content is live with BetMGM, following earlier launches including in Michigan in 2022 and New Jersey in 2023 respectively.
BJDX

Hot Stocks

08:08 EDT Bluejay Diagnostics announces results from preliminary analysis of SYMON-I - Bluejay Diagnostics announced results from the primary analysis of SYMON-I, a multicenter pilot clinical study investigating the role of interleukin-6 in patients diagnosed with sepsis and septic shock. This prospective study assessed the utility of IL-6 upon initial presentation to the intensive care unit, ICU. The primary analysis of the SYMON-I study highlighted that IL-6 levels within 24 hours of sepsis or septic shock diagnosis and admission to the ICU may predict patient mortality out to 28 days. These findings will be validated in the SYMON-II pivotal study. Furthermore, a secondary outcome of the SYMON-I study showed that IL-6 levels within 24 hours of sepsis or septic shock diagnosis and admission to the ICU is a predictor of patient mortality during their hospitalization. Bluejay Diagnostics is planning to initiate the SYMON-II pivotal clinical study in Q3 2024. If the results are positive, the Company intends to use SYMON-II as support in a 510(k) application to the FDA in 2025 for the following intended use: Symphony IL-6 is intended for use to determine the IL-6 concentration as an aid in assessing the cumulative 28-day risk of all-cause mortality in conjunction with other laboratory findings and clinical assessments for patients diagnosed with sepsis or septic shock in the ICU.
INVZ

Hot Stocks

08:07 EDT Innoviz Technologies announces collaboration with automotive OEM - Innoviz Technologies announced a collaboration with an automotive OEM to advance its L4 autonomous vehicle capabilities. This agreement adds Innoviz's new short-range LiDARs into the OEM's Level 4 autonomous driving platform. The Company expects the collaboration will result in a series production nomination in the coming months, pending agreement of commercial terms. Innoviz's Short-Range LiDAR joins the InnovizTwo product platform that includes InnovizTwo Long-Range and InnovizTwo Slim. With high-resolution detection and over 90-degree vertical field of view, the new short-range design is based on InnovizTwo Long-Range architecture. It leverages the product's industrialization maturity and is designed to meet the requirements for light commercial vehicles, shuttles, robotaxis, and trucks.
CRWD CDW

Hot Stocks

12:07 EDT Crowdstrike exceeds $1B in sales with CDW - CrowdStrike ( CRWD) announced it has surpassed $1B in total sales over the lifetime of its partnership with CDW (CDW). CrowdStrike has also achieved CDW's Diamond Level Partner Status, joining just a handful of select technology giants who are key to CDW's $20B business. "The milestones of both $1 billion in sales and Diamond Level Partner Status signify the incredible impact CrowdStrike and CDW have in bringing industry-leading security to thousands of customers. Together, we've found the recipe for success, modernizing security operations with AI, consolidating legacy products and increasing ROI with the Falcon platform," said Daniel Bernard, chief business officer at CrowdStrike. "From our early days, CDW has led with CrowdStrike, bringing our cutting-edge technology to a multitude of organizations. We're thrilled to achieve such significant success with our long-standing partner CDW, and we look forward to furthering our commitment to stopping breaches together."
PRFX

Hot Stocks

08:07 EDT PainReform completes enrollment in second part of Phase 3 trial of PRF-110 - PainReform announced a major milestone on the way to registration - the successful completion of patient enrollment in its Phase 3 clinical trial for PRF-110, a novel analgesic drug candidate designed for the treatment of post-operative pain. In total, 428 patients have been enrolled at eight clinical sites across the U.S. As the study pain score is being tracked for 72 hours, the end of enrollment is generally the end of the clinical part of the study. The Company anticipates reporting top-line results from the Phase 3 trial in the second half of 2024, which will further inform the regulatory submission process and potential commercialization plans. "Completing enrollment in the second part of our Phase 3 trial for PRF-110 is a major achievement for PainReform," said Dr. Ehud Geller, Executive Chairman of Pain Reform. "We remain highly encouraged by the outlook for PRF-110, based on our clinical trial results thus far, including our Phase 2 trial results and the first part of our Phase 3 trial."
OPTT

Hot Stocks

08:06 EDT Ocean Power reach agreement for delivery of multiple WAM-Vs to U.S. government - Ocean Power Technologies announced it has reached an agreement in principle on a sole source contract award for multiple WAM-Vs for delivery to a Department of the US Government. The final contract award will be a Firm-Fixed-Price purchase order on a noncompetitive basis. Revenue will be recognized ratably over the course of the contract with an expected near-term delivery date. Due to the sensitive nature of this relationship, terms have not been disclosed. Philipp Stratmann, CEO and President of OPT, expressed his enthusiasm about this revenue generating contract, stating, "We believe this agreement is further proof that our systems form an important part of building out the future of ocean security. Using small Unmanned Surface Vehicles, like our WAM-V, is a cost-efficient force multiplier for the US Government and other offshore operators. The dual use nature of our technologies enables us to provide systems to a broad set of customers."
DMAC

Hot Stocks

08:06 EDT DiaMedica Therapeutics to expand DM199 clinical development program - DiaMedica Therapeutics announced that it plans to expand its DM199, or rhKLK1, clinical development program into preeclampsia. Preeclampsia is a life-threatening pregnancy-associated vascular disorder characterized by new onset hypertension with proteinuria, and/or end organ dysfunction, and poses significant risks to both mother and baby. DM199 has the potential to lower blood pressure, enhance endothelial health, and improve perfusion to maternal organs and the placenta. This mode of action is believed to occur through the increased production of endothelial nitric oxide, prostacyclin, and endothelial-derived hyperpolarizing factors, or EDHFs. These pathways are typically depressed or impaired in preeclampsia. DM199 holds the potential to be disease modifying for preeclampsia patients if it can effectively increase placental perfusion and reduce placental hypoxia, a significant contributor to the pathophysiology of preeclampsia. DM199 has demonstrated blood pressure reductions in multiple prior studies. New results from analysis of overall participants with elevated blood pressure from the DM199 Phase 2 REDUX clinical trial in three types of chronic kidney disease, or CKD, which demonstrated a statistically significant reduction in systolic blood pressure, or SBP, at day 95. DiaMedica has also completed studies on fertility, embryofetal development and pre- and post-natal development in animal models, which support the potential safety in pregnant humans. DiaMedica recently completed a placental transfer study in pregnant rats in which DM199 did not cross the placental barrier. Specifically, DM199 was detectable in the maternal blood, but undetectable in the fetal blood. Up to 90 women with preeclampsia, and potentially 30 subjects with fetal growth restriction, will be evaluated with the first subject anticipated to be enrolled in the fourth quarter of 2024, pending regulatory approval. Part 1A topline study results are anticipated in the first half of 2025, which will demonstrate whether DM199 is safe, lowers blood pressure, and dilates intrauterine arteries to increase placental blood flow. This Phase 2 open-label, single center, single-arm, safety and pharmacodynamic, proof-of-concept, investigator-sponsored study of DM199 in treating preeclampsia will be conducted at the Tygerberg Hospital, Cape Town, South Africa in collaboration with DiaMedica. More details on DM199 for preeclampsia and fetal growth restriction will be presented at a key opinion leader event to be held on July 29. Instructions for participating in this event will be provided in the coming weeks.
BYU

Hot Stocks

08:06 EDT BAIYU announces MoU with industry experts to explore new energy vehicle - BAIYU Holdings announced that on May 20, the Company entered into a memorandum of understanding, or MoU, with certain industry experts to explore new energy vehicle, or NEV, projects and international market ventures. This strategic move reflects BAIYU's ambition to expand into the rapidly growing and promising global NEV market. According to the MoU, BAIYU and the Partners intend to conduct the new business through Electra New Energy Vehicle, a U.S.-registered company based in Los Angeles specializing in the NEV sector. BAIYU and the Partners anticipate holding 60% and 40% equity interests in ENEV, respectively. Both parties plan to collaborate to establish a prominent NEV brand. BAIYU expects to potentially invest a total of $3M in ENEV as operational capital over the next three years. Under the MoU, BAIYU intends to oversee the daily operations and management of ENEV, encompassing procurement, manufacturing, supply chain, marketing, and financing for NEV prototypes, spare parts, charging piles, and energy storage equipment in China. The Partners aim to handle market development, order acquisition for NEVs, charging piles, and energy storage equipment in international markets, and secure overseas financing.
EYPT

Hot Stocks

08:05 EDT EyePoint announces developments on DURAVYU - EyePoint Pharmaceuticals announced the Company will highlight clinical and regulatory developments for its lead pipeline program, DURAVYU, formerly known as EYP-1901, its Durasert E sustained drug delivery technology, and early-stage programs during EyePoint's R&D Day. R&D Day Highlights: Phase 3 plans for DURAVYUTM in wet AMD, including key design elements of the Phase 3 LUGANO and LUCIA pivotal trials: Alignment on pathway to approval with U.S. Food and Drug Administration based on positive End of Phase 2 meeting for two non-inferiority trials, 6-month redosing of DURAVYU and sham for masking with a one-year endpoint. The LUGANO trial remains on track to initiate in 2H 2024 with LUCIA to follow. Positive twelve-month safety and efficacy data from the Phase 2 DAVIO 2 clinical trial evaluating DURAVYUTM for the treatment of wet AMD: Favorable safety profile; statistically significant visual acuity outcomes with both DURAVYU arms change in visual acuity nearly identical to aflibercept control arm through 12 months after a single injection of DURAVYU; Strong anatomical control through 12 months after a single injection of DURAVYU. The VERONA trial, a Phase 2 trial of DURAVYUTM in diabetic macular edema patients has completed enrollment with 27 patients assigned to one of two intravitreal doses of DURAVYU or an aflibercept control. To date, DURAVYU is well-tolerated with no reported drug-related ocular or systemic serious adverse events in this trial.
CMG

Hot Stocks

08:04 EDT Chipotle shares to begin trading on a post-split basis on June 26 - Chipotle Mexican Grill announced that its 50-for-1 stock split was effective after market close on June 25 and its shares will begin trading on a post-split basis on June 26. After market close yesterday, shareholders of record as of June 18 received 49 additional shares for each share held. To commemorate this special event and in recognition of the company's strong performance, Chipotle will offer a special one-time equity grant to all restaurant general managers as well as crew members with more than 20 years of service.
ANVS

Hot Stocks

08:04 EDT Annovis Bio files patent for new composition of matter for buntanetap - Annovis Bio announces the filing of the new composition of matter patent with the U.S. Patent and Trademark Office covering novel solid forms of buntanetap, selecting the best crystal, and building upon the provisional patent filed in June 2023. This patent covers novel crystalline forms of buntanetap and their use for treating and/or preventing various neurodegenerative conditions. Crystalline forms offer significant advantages over less structured forms, including better solubility and stability. The most stable crystal form of buntanetap has been selected as the new lead compound for animal bridge studies and for developing a manufacturing process. The bridge studies were submitted to the FDA and will be discussed in July. The goal is to continue development of our drug and file the NDA with the new crystal form. A composition of matter patent comes with protection for the new buntanetap crystalline form and all its uses for a 20-year term. The composition of matter patent is the single most important patent for any pharmaceutical company developing a new drug because it provides adequate runway to develop a drug and bring it to market.
STKL

Hot Stocks

08:04 EDT SunOpta completes $26M expansion at Modesto, Calif. facility - SunOpta announced it has completed a $26M expansion at its Modesto, Calif. facility. "As the second largest project in the company's history, the expansion allows SunOpta to increase the amount of oatmilk produced annually by more than 60%, meeting ongoing customer demand and demonstrating SunOpta's commitment to plant-based beverage production. Commercially launched in May, SunOpta's Modesto oat extraction production line uses proprietary enzymatic processes to break down whole oats into a liquid oatbase that will then be used to make oatmilk and other products such as plant-based yogurt and ice cream. The new expansion has created 17 new jobs in the community. SunOpta supplies liquid and dried oatbase as an ingredient to companies large and small, manufactures oatmilk for leading brands and food service operators throughout the country and produces private label oat-based products for many top national retailers." "Through this significant investment in Modesto to produce more oatbase, we're well positioned to meet the increasing market demand for plant-based milk and other oat-based products," said Brian Kocher, CEO of SunOpta. "We are also pleased to bring 17 new positions to our Modesto team and continue making a positive impact in the communities in which we work and live."
CTSH

Hot Stocks

08:04 EDT Cognizant expands relationship with Cengage Group - Cognizant announced the expansion of its relationship with Cengage Group, a global edtech company that supports millions of students each year, from middle school through graduate school and skills education, with quality content and technology. Under this seven-year agreement, Cognizant will provide advanced technology services that are designed to enhance operational efficiency, reduce the total cost of ownership, and continue to support Cengage Group's digital transformation. Cengage Group extended its relationship with Cognizant due to the company's proven track record as a trusted and strategic provider, including playing a critical role in the development of Cengage Unlimited, an all-access digital subscription service for the higher ed course materials market. Over the course of this agreement, Cognizant will expand to provide operations services for Cengage Group in support of corporate enabling functions such as global Finance and Human Resources.
GNSS

Hot Stocks

08:03 EDT Genasys awarded LRAD systems order from Damen Schelde Naval Shipbuilding - Genasys announced an LRAD 950NXT systems order from Damen Schelde Naval Shipbuilding for the German Navy's new F-126 frigates, the largest shipbuilding project in the history of the German Navy. Damen will outfit four frigates with multiple LRAD 950NXT systems, with an option to outfit two additional frigates. The first shipment is scheduled this September with further shipments in fiscal years 2025 and 2026
CME

Hot Stocks

08:03 EDT CME Group, Google Cloud to build new private Google Cloud region in Illinois - CME Group (CME) and Google Cloud (GOOG, GOOGL) announced plans to build a new private Google Cloud region, and a co-location facility, in Aurora, Illinois. The private Google Cloud region will host Google Cloud's new, industry-first specialized platform designed to support global trading of CME Group's futures and options markets, and offer derivatives traders cloud-based, ultra-low-latency networking, and high-performance computing. Locating the platform in the new private Google Cloud region in the Chicago area will allow CME Group's clients to utilize existing connectivity options and access points to other global markets. Additionally, CME Group's clients can choose between self-managed infrastructure in the co-location facility or Google Cloud's specialized infrastructure-as-a-service offering, both with equal network latency to the exchange. The new specialized platform will enable a number of benefits for CME Group's clients, including expanded flexibility, strengthened operational efficiencies, and increased access to cloud services, and artificial intelligence capabilities, all of which will deepen the value proposition for market users around the globe. For example, CME Group clients will be enabled to rapidly experiment, test, and deploy new strategies without impacting their production trading environments.
BCLI

Hot Stocks

08:01 EDT BrainStorm reached alignment with FDA on Phase 3b clinical trial for NurOwn - BrainStorm Cell Therapeutics announced it has reached alignment with the FDA on the Chemistry, Manufacturing, and Controls, or CMC, aspects of Brainstorm's Phase 3b clinical trial for NurOwn, its investigational therapy for amyotrophic lateral sclerosis, or ALS. This Type C meeting builds upon the positive momentum established in April 2024, when the FDA granted BrainStorm a Special Protocol Assessment, or SPA, agreement for its NurOwn Phase 3b trial. The SPA agreement provided clarity on the design and endpoints of the trial, significantly de-risking the regulatory aspects of the program.
MBBC

Hot Stocks

08:00 EDT Marathon Bank appoints Michelle Knopf as COO - Marathon Bank announced the promotion of Michelle Knopf to COO. Michelle brings over 30 years of valuable experience in the banking industry, most recently serving as Marathon Bank's Director of Mortgage Services.
ECRAF

Hot Stocks

07:50 EDT Ecora Resources announces director/PDMR shareholding - Ecora Resources announces that on 25 June 2024 the Company transferred 185,809 ordinary shares of 2 pence each in the Company out of treasury, to satisfy exercises of options by a number of employees, including Marc Bishop Lafleche, CEO and Kevin Flynn, CFO Mr. Bishop Lafleche and Mr. Flynn exercised 49,903 and 79,565 nil cost option awards granted under the Company's Long Term Inventive Plan on 27 May 2021, respectively. Subsequently, Mr. Bishop Lafleche and Mr. Flynn sold 23,549 and 37,546 Shares, respectively, at an average approximate price of GBP 0.746 per Share, to satisfy income tax associated with the Awards. Following the above Transfer, the Company's issued capital consisted of 261,732,553 Shares, of which 13,134,660 Shares were held in treasury.
TCEHY NTES

Hot Stocks

11:48 EDT Tencent game one of 100 approved by China in June - The number of approved game licenses in China exceeded 100, according to the National News Publishing Administration website. Tencent's (TCEHY) "Rock Kingdom: World," G-bits Network Technology's "Find a Friend to Dig for Treasure," "Ask the Sword to Live Forever," and 37 Interactive Entertainment Network Technology Group's "Douluo's Great World: Soul Hunting" are among the approved games. The National News Publishing Administration website also disclosed some changes in game approvals, such as Netease's (NTES) "Teya Epic," XD Inc's "Dreams in a Cage," Netease's "Endless Hell," and "Egg Roll Sliding."
AGRX

Hot Stocks

07:47 EDT Agile Therapeutics to be acquired by Insud Pharma for $1.52 per share in cash - Agile Therapeutics has entered into a definitive merger agreement with Insud Pharma, pursuant to which Insud, through its US subsidiary, Exeltis Project, will acquire Agile for $1.52 per share in cash net of assumed liabilities and estimated transaction costs for an approximate total enterprise value of $45M. On June 25, 2024, Agile also entered into a cash-out acknowledgment and cancellation agreement with the holders of not less than ninety-five percent of the Company's outstanding common stock warrants, also conditioned on closing of the merger. As a condition to entering into the Merger Agreement, Agile has also entered into a third amendment of its Manufacturing and Commercialization Agreement with Corium Innovations on commercial terms reasonably acceptable to Insud and conditioned on the closing of the merger. As part of the merger consideration for Agile, Insud has agreed to make available a line of credit of up to $8,000,000, secured by the Company's intellectual property. The initial amount to be advanced under the Bridge Loan will be used primarily to pay for the purchase of inventory. The Board of Directors of Agile has unanimously approved the transaction. The transaction is expected to close in the third quarter of 2024, subject to completion of Agile's obligations to Corium under Amendment No. 3 and other customary closing conditions, including approval by Agile's stockholders. Upon completion of the transaction, Agile will no longer be listed on any public market.
KSIOF

Hot Stocks

07:44 EDT Kneat.com, Korber Pharma Consulting partner for life sciences digitalization - kneat.com has signed a partnership agreement with international technology group, Korber, and its pharma consulting experts from the Korber Pharma Consulting. The agreement expands Kneat's go-to-market by enabling Korber to resell and implement Kneat Gx, and offer managed services to its customers using the Kneat Gx platform. Korber's expertise in manufacturing, supply chain and technology for the life sciences industry positions it well to leverage Kneat's platform and advance the industry on its Pharma 4.0 journey.
MTTRF

Hot Stocks

07:39 EDT Mattr Corp. announces renewal of normal course issuer bid - Mattr announced that the Toronto Stock Exchange has approved the Company's notice of intention to renew its normal course issuer bid for common shares of the Company. Pursuant to the NCIB, the Company may purchase for cancellation up to 4,982,824 Common Shares, representing approximately 10% of the Company's public float as at June 14, 2024. As at the date hereof, the Company has 66,372,274 Common Shares issued and outstanding. The NCIB will commence on June 28, 2024 and terminate one year after its commencement, or earlier if the maximum is reached or the NCIB is terminated at the option of the Company. The Company believes that using the NCIB to return capital to its shareholders will increase shareholder value and further the returns of the Company. All purchases pursuant to the NCIB will be made through the facilities of the TSX, or such other permitted means, at prevailing market prices or as otherwise permitted. The NCIB will be funded using existing cash resources and any Common Shares repurchased by the Company under the NCIB will be cancelled. Other than purchases made under a block purchase exemption pursuant to the rules and policies of the TSX, daily purchases on the TSX pursuant to the NCIB will be limited to 30,099 Common Shares, which represents approximately 25% of the average daily trading volume of 120,397 Common Shares of the Company for the most recently completed six calendar months preceding May 31, 2024.
LILM

Hot Stocks

07:37 EDT Lilium completes tests of electric jet propulsion unit - Lilium completed the first series of tests of its electric jet propulsion unit. For the first time, the electric engines were taken up to maximum thrust on the propulsion unit test bench, representing a landmark achievement on the journey to zero operating emissions flight and an important step towards verifying safety of flight of the Lilium Jet. The tests performed have demonstrated the expected level of performance and reliability, bolstering Lilium's confidence in the maturity of its electric jet propulsion system. Testing of the propulsion unit, comprising two engines within a propulsion mounting system, was carried out at Lilium's dedicated propulsion unit test bed, located at Lilium's headquarters near Munich. The test bed has been designed for aerodynamic and electrical performance evaluation of Lilium's jet technology. The first test of the propulsion unit follows comprehensive testing of the engine, developed and built in collaboration with Lilium's team of suppliers, including Denso and Honeywell for the e-motor, Aeronamic for the compressor fan, and SKF for the electric motor bearings.
VSQTF

Hot Stocks

07:36 EDT Victory Square portfolio company Hydreight provides corporate update - Victory Square Technologies shared that its portfolio company - Hydreight Technologies provided a corporate update reflecting its significant organic growth, increased patient visits, and strong revenue growth. Shane Madden, CEO of Hydreight commented, "I am incredibly pleased with the significant growth the Company has been able to achieve. We continue to focus on our mission of becoming the leading mobile clinical network across North America. Currently our platform services 50 states in the US, which is a significant milestone for us considering the complex and different healthcare legislation across all states. Our investment in our technology and infrastructure in 2023 lead to become a fully automated, fully integrated, turnkey solution for mobile medicine across the board. This has already been paying off by signing more types of businesses. Our focus in 2024 is to continue growing the revenue, becoming a profitable company and introducing our story to more potential shareholders." Financial and Revenue Growth: Hydreight Reported Record Topline Revenue of $4.87M in Q1-2024. Here is a summary of Q1, 2024 financial highlights: Q1, 2024 GAAP revenue was $3.38 million an increase of 44% compared to Q1, 2023. Q1, 2024 topline record revenue of $4.87 million, an increase of 33% compared to Q1, 2023. Q1, 2024 gross margin of $1.23 million compared to $1.04 million in Q1, 2023. The Company has approximately 117 white-label locations nationwide, with new locations opening every month. The company has never raised or borrowed any additional capital since the original RTO in December 2022. Adjusted EBITDA has improved and is projecting a path to profitability.
BABYF

Hot Stocks

07:36 EDT Else Nutrition completes product rollout at 308 locations of major retailer - Else Nutrition announces the successful product rollout at 308 locations of a major retailer following the initial launch in mid-June. Hamutal Yitzhak, CEO & Co-Founder of Else Nutrition, commented, "We are thrilled to expand our partnership with this strategic retailer, bringing our Plant-Based nutrition solutions to families across Texas. This milestone reflects our commitment to making high-quality, organic nutrition accessible to customers around the United States and supports our mission to provide healthier alternatives in the marketplace. We look forward to continuing our collaboration and expanding our presence within their esteemed chain."
ENVX

Hot Stocks

07:35 EDT Enovix signs Memorandum of Understanding with Elentec - Enovix Corporation announced it has signed a Memorandum of Understanding, MOU, with Elentec Co. The agreement provides a framework for a long-term business relationship between the two companies and enables Enovix to lock in a globally trusted battery pack manufacturing partner to support its growth with target customers worldwide. The MOU allows Enovix to fast track and utilize Elentec's battery pack design and high-volume manufacturing capability, while setting up the framework for definitive long-term supply and/or joint manufacturing agreements leveraging Elentec's footprint. Contingent on continued success in both technical and business negotiations, the companies intend to enter a strategic partnership, and collaborate in the incorporation and custom development of Enovix battery cells into multiple battery packs for consumer, industrial, and military applications to support both Enovix and Elentec's key customers.
EVAX

Hot Stocks

07:34 EDT Evaxion receives positive feedback on patent application for vaccine targets - Evaxion Biotech receives positive feedback on its recent patent application for a new type of personalized vaccine targets, underscoring its novelty and inventiveness. The patent application PCT/EP2022/086444 discloses a method for identifying a novel category of tumor vaccine targets derived from Endogenous Retroviruses using Evaxion's core platform AI-Immunology. "We are thrilled with the recent positive feedback provided in the patentability report, confirming novelty and inventive step for all relevant claims in our personalized ERV-based vaccine. This endorsement from the World Intellectual Property Organization underscores Evaxion's commitment to advancements in cancer treatment through innovation and reinforces our position at the forefront of the personalized cancer vaccine field. Establishing the strongest possible intellectual property portfolio around our inventions is an important element in our multi-partner strategy. We remain committed to advancing our AI-Immunology platform and bringing cutting-edge solutions to patients with high unmet medical needs," said Christian Kanstrup, CEO at Evaxion.
GLSI

Hot Stocks

07:33 EDT Greenwich LifeSciences set to join Russell 2000 Index - Greenwich LifeSciences is set to join the Russell 2000 and Russell 3000 Indexes at the conclusion of the Russell indexes annual reconstitution, effective after the US markets open on July 1, 2024, according to a list of additions updated as of June 21, 2024.
DAKT

Hot Stocks

07:33 EDT Daktronics plans to execute a 'broad digital transformation' in FY25 - Reece Kurtenbach, Daktronics' Chairman, President and Chief Executive Officer, commented, "Our critical priorities for fiscal 2025 are to execute a broad digital transformation to modernize our service systems for field service automation, to advance our enterprise performance planning capabilities, and to improve and automate quoting and sales processes. All three objectives are aligned with our goal of expanding growth and profitability... At the same time, to lower overall costs, we are focused on increasing our operational effectiveness by improving our manufacturing utilization, aligning production schedules, and further improving installation methods. Together, all of these advancements are aligned to support our goals of increasing customer satisfaction and improving operational efficiencies to drive future profitable growth."
ALT

Hot Stocks

07:33 EDT Altimmune announces passing of CFO Richard Eisenstadt - Altimmune announced that Richard Eisenstadt, the Company's CFO, passed away unexpectedly on Monday, June 24, 2024. Mr. Eisenstadt's duties have been assumed and are being performed by Altimmune's finance and accounting team until his replacement is named. The company has initiated a search for his replacement.
NTLA FATE

Hot Stocks

11:32 EDT Intellia Therapeutics CFO Glenn Goddard to step down, Edward Dulac to succeed - Intellia Therapeutics (NTLA) announced the appointment of Edward Dulac as Executive Vice President, CFO, and Treasurer, effective July 22, 2024. Mr. Dulac will succeed Glenn Goddard who will step down from his role effective June 30, 2024. Most recently, Mr. Dulac served as CFO of Fate Therapeutics (FATE).
PWWBF

Hot Stocks

07:24 EDT PowerBand Solutions provides bi-weekly MCTO status update - PowerBand Solutions is providing a bi-weekly status update in accordance with the National Policy 12-203 - Management Cease Trade Orders. As previously announced on April 16, 2024, the Company applied for the MCTO due to a delay in the filing of the audited consolidated financial statements for the year ended December 31, 2023, annual management's discussion and analysis for the same period and management certifications of annual filings. The MCTO was granted by the Ontario Securities Commission on April 30, 2024. Rhe Company completed the Filings on June 14, 2024, and the unaudited interim financial statements, related management's discussion and analysis and CEO and CFO certifications for the period ended March 31, 2024, was filed on June 24, 2024, and copies are available under the Company's profile at SEDAR+. The Company anticipates that the MCTO will be lifted on June 26, 2024. The MCTO restricts the Company's CEO and CFO from trading in the Company's securities but does not affect the ability of other shareholders, including the public, to trade in securities of the Company.
WPNTF

Hot Stocks

07:23 EDT Warpaint London announces results of annual general meeting - Warpaint London announced that all resolutions were passed at the Annual General Meeting of the Company.
VZ

Hot Stocks

07:22 EDT Verizon announces customer-first programs, benefits - Verizon is announcing new programs and benefits that continue to give customers more choices and flexibility, and advance the momentum in the business. Verizon is also refreshing its brand, bringing forward the energy and vibrancy of how people live, work and play, powered by Verizon. The refreshed branding and creative formats will be rolling out across the company's consumer, business and network footprints. Verizon is introducing new choices and flexibility for Home Internet customers with the launch of myHome, an extension of its popular myPlan mobile offering, and implementing an always-on guaranteed phone trade-in program for new and existing mobility customers. The company also unveiled Verizon Access, a new platform for all customers that provides exclusive access to the most sought-after events and experiences, including NFL games, music festivals, concerts and more. Verizon Business is also launching an industry-first smartphone management solution that offers business customers more choices and peace of mind for managing their company's smartphones.
VZ

Hot Stocks

07:22 EDT Verizon launches myHome offering - The company said, "Verizon is launching myHome to make it easy for customers to choose, and save. With myHome, customers get the choice, flexibility and value they deserve - with savings on entertainment they love. myHome is the only one-stop-shop for home internet, live TV, entertainment and connected home offerings - all in one place, and all in your control. Say hello to internet and entertainment your way, with myHome. With fast, reliable home internet coverage, guaranteed pricing for up to 4 years, no hidden fees, no equipment charges and major savings on entertainment, myHome brings customers choice, flexibility, value and most of all, simplicity." With myHome, all new and existing Verizon Home Internet customers, more than 67 million homes across the U.S., can: Choose the available Fios, 5G Home or LTE Home internet plan that matches their household needs. With fast, reliable speeds, Whole-Home Wi-Fi and price guarantees, it's internet your way. Plans start at $35/mo with Auto Pay and select mobile plans - and, with Verizon Forward, qualified low-income customers can save even more, with plans starting at just $20 per month. Choose content perks from top streaming services for just $10/month. That means great value on Netflix & Max, Disney Bundle, YouTube Premium, and Walmart+ membership with an included Paramount+ subscription. Get Apple One2 and Apple Music Family3 coming later this summer. Plus, manage even more entertainment subscriptions through +play. Choose from connected home perks like Cloud storage, Walmart+ and our new Home Device Advisor perk. Choose a Live TV option - either Fios TV or YouTube TV.
SKE

Hot Stocks

07:09 EDT Skeena Resources to host webcast on Eskay financing package - Skeena Resources has secured a financing package totaling $750M with Orion Resource Partners for the development of the Eskay Creek Gold-Silver Project, as per the Company's news release dated June 25, 2024. The Company will be hosting a webcast to provide investors and stakeholders with a comprehensive understanding of this development and the strategic rationale behind this deal. During the webcast, Walter Coles, Executive Chairman, Randy Reichert, President & CEO and Andrew MacRitchie, CFO alongside other members of the Management team, will provide insights into how this financing package will enhance the strategic direction of the Company.
EVGO REG

Hot Stocks

11:08 EDT EVgo & Regency Centers opens charging station in Blakeney Town Center, NC - EVgo (EVGO) and Regency Centers Corporation (REG) announced the opening of a new fast charging station at Blakeney Town Center in Charlotte, North Carolina. The Blakeney Town Center station is conveniently located at 9870 Rea Rd in Charlotte near the city's major roadways, including Interstate 485, with multiple shopping and dining options for EV drivers, along with a suite of other amenities...The latest station opening builds upon the partnership between EVgo and Regency Centers, which first began in 2020. To date, the companies have opened more than 120 public fast charging stalls at approximately 40 Regency properties across 10 states, with additional stations at locations in Maryland, Massachusetts, and Texas slated to open over the next year. All new stations opened under the partnership are expected to feature at least one high-power 350kW fast charger capable of simultaneously charging two vehicles.
HLF

Hot Stocks

07:08 EDT Herbalife expands board of directors - Herbalife welcomed e-commerce and media technology executive Perkins Miller to its board of directors. Miller's appointment as an independent director is effective June 26. Miller is the CEO of Fandom.
DUOL OSCR

Hot Stocks

11:08 EDT Duolingo appoints Schlosser as independent board member - Duolingo (DUOL) announced that it has appointed Mario Schlosser as an independent board member. Schlosser is a seasoned technology executive and entrepreneur with a background in consumer technology. He is the co-founder of Oscar Health, a healthcare technology company, where he currently serves as Chief Technology Officer leading product and engineering (OSCR)
GIS

Hot Stocks

07:07 EDT General Mills increases quarterly dividend 2% to 60c per share - The General Mills board of directors declared a quarterly dividend of 60c per share, payable August 1 to shareholders of record July 10. This represents a 2% increase from the previous quarterly rate of 59c per share.
TFFP

Hot Stocks

07:07 EDT TFF Pharmaceuticals engages Outcome Capital as strategic advisor - TFF Pharmaceuticals, announced that the Company has engaged Outcome Capital as a strategic advisor for the purpose of evaluating potential corporate partnerships and licensing opportunities. "We are pleased to announce this engagement with Outcome Capital, which is a well-recognized investment bank specializing in corporate advisory services to the life sciences industry," said Dr. Harlan Weisman, Chief Executive Officer of TFF Pharmaceuticals. "Today's announcement reflects the significant innovation and commercial potential of our two lead clinical assets, TFF VORI and TFF TAC, and we welcome the opportunity to work with Outcome Capital in evaluating select partnering or licensing opportunities that can bring significant value to our shareholders."
TLSA

Hot Stocks

07:07 EDT Tiziana Life to dose first patient with moderate Alzheimer's with foralumab - Tiziana Life Sciences announced that the U.S. Food and Drug Administration, FDA, has allowed intranasal foralumab to be used under an Expanded Access, EA, IND in its first patient with moderate Alzheimer's disease. Expanded access IND's provide a pathway for patients to gain access to investigational drugs, biologics, and medical devices used to diagnose, monitor, or treat patients with serious diseases or conditions for which there are no comparable or satisfactory therapy options available outside of clinical trials. Gabriele Cerrone, Chairman, acting CEO and founder of Tiziana Life Sciences commented, "In addition to our previously announced IND clearance of the Phase 2a early symptomatic Alzheimer's Disease study, this additional FDA clearance allows Tiziana to also study intranasal foralumab in patients with moderate Alzheimer's Disease who do not qualify for approved therapies."
AYASF

Hot Stocks

07:06 EDT Aya Gold & Silver announces commissioning start at Zgounder mine - Aya Gold & Silver announced the beginning of commissioning activities at its new 2,000 tonnes per day mill at the Zgounder Silver Mine in the Kingdom of Morocco. Highlights: Zgounder expansion over 95% complete. Pre-commissioning activities are ongoing in the main process plant areas, including the grinding circuit and the silver refinery as part of the commissioning process: Tests are being conducted on the ball mill, which is running without loads; Energization of the silver furnace and systems checks completed; The conveyors have been energized and tested; The retort and ventilation have been energized; Pre-commissioning of the renewable-energy power line is near-complete for energization in the coming days. Operations commissioning team is fully mobilised and readiness activities are progressing in-line with our plan. On track for mill ore feed in early Q3-2024. The mine's electrical substation is complete. The stockpile now holds over 275,000 tonnes of medium-grade material, in preparation for full-scale commissioning, and in line with our start-up target. Commissioning of the underground electrification, mobile maintenance workshop, and ventilation systems is completed. "We are excited to highlight Zgounder's move from construction to commissioning," said Benoit La Salle, President & CEO. "When commissioned and combined with the current plants, Zgounder expanded operations will deliver LOM average production of 7 million silver ounces per year at a low quartile cost. So far, commissioning is proceeding to plan with all systems performing as expected. With physical completion at 95% and capital expenditures on the project winding down, we are approaching an exciting inflection point when we expect to see Zgounder investment begin to yield meaningful cash flow and shareholder returns."
GCMG

Hot Stocks

07:05 EDT GCM Grosvenor commits $50M to OlivePoint's latest investment fund - OlivePoint, a private real estate investor announced that GCM Grosvenor an asset management solutions provider has committed, on behalf of various U.S. Pension Plans, $50M to OlivePoint's latest investment fund. The investment is being made through GCM Grosvenor's Real Estate platform, which provides catalytic seed capital to emerging real estate investors to help launch and scale their investment businesses... "We are excited to strategically partner with the OlivePoint team to invest in opportunistic real estate assets across the U.S. Over the course of their careers, Adrian, John, and Ricardo have demonstrated the ability to thoughtfully manage risk and protect their investors' capital while identifying unique opportunities. As such, we believe OlivePoint can potentially create meaningful alpha for our investors in today's challenging market environment."Adrian Bejarano, John Bruno, and Ricardo Goldberg, Co-Founders and Managing Partners of OlivePoint, added, "We are pleased to welcome GCM Grosvenor as a strategic investor, and we are grateful for their support and the confidence they are placing in us to invest on behalf of their institutional clients. This investment is a powerful endorsement of our investment strategy and our proven, experienced team. We are looking forward to a long and successful partnership with the GCM Grosvenor team."
TLSA

Hot Stocks

07:05 EDT Tiziana Life to does first patient with moderate Alzheimer's with Foralumab - Tiziana Life Sciences announced that the U.S. Food and Drug Administration, FDA, has allowed intranasal foralumab to be used under an Expanded Access, EA, IND in its first patient with moderate Alzheimer's disease. Expanded access IND's provide a pathway for patients to gain access to investigational drugs, biologics, and medical devices used to diagnose, monitor, or treat patients with serious diseases or conditions for which there are no comparable or satisfactory therapy options available outside of clinical trials. Gabriele Cerrone, Chairman, acting CEO and founder of Tiziana Life Sciences commented, "In addition to our previously announced IND clearance of the Phase 2a early symptomatic Alzheimer's Disease study, this additional FDA clearance allows Tiziana to also study intranasal foralumab in patients with moderate Alzheimer's Disease who do not qualify for approved therapies."
STKH

Hot Stocks

07:05 EDT Steakholder Foods CEO says focus remains on securing commercial deals - Steakholder Foods shared a letter from the CEO, Arik Kaufman, which read in part, "I am excited to share the significant strides we have made in the first half of this year, particularly in our efforts to drive commercial success to be able to create our first revenue streams. Our recent strategic partnerships and technological advancements underscore our commitment to become one of the leading players in the alternative protein sector. On the technology front, our advancements in 3D printing technology remain at the forefront of our progress. The Drop Location in Space technology, a cornerstone of our seafood replication process, allows us to create textures that mirror the delicate structure of real seafood. Similarly, our Fused Paste Layering technology plays a crucial role in replicating meat's fibrous texture, ensuring our plant-based meats rival their animal-based counterparts. Our SHMEAT and SHFISH premixes have also evolved, offering a wide range of plant-based alternatives that cater to diverse culinary tastes and dietary preferences. From the savory SHMEAT(TM) Beef Steak blend to the delicate SHFISH White Fish blend, our products are crafted to provide an authentic and enjoyable eating experience. Our journey toward commercialization reached a significant milestone this past May, entering a royalties and raw materials supply agreement and establishing a near term future concrete revenue stream. This agreement with Wyler Farm, a leader in alternative protein production, marked our initial foray into commercial partnerships, validating the market potential of our technology and setting the stage for future growth. The terms of the deal involved Wyler Farm acquiring our state-of-the-art MX200 meat printer, along with a SHMEAT premix for plant-based meat production. Wyler Farms will manufacturer alternative proteins on a commercial scale using our premixes and know-how, in return for payment of royalties from sales. Production of the new plant-based meat products is tentatively expected to begin in H2 2024, followed by commercial revenues. We continue our negotiations with Wyler Farm and hope to reach a second-stage follow-on agreement, in which Wyler Farm would produce plant-based 3D-printed meat products utilizing our proprietary 3D printing technology and premix blends, including producing our flagship Printed Beef Steak product. Also in May, we announced a partnership agreement with the Industrial Technology Research Institute, a Taiwan-based world-leading applied technology research institute. The purpose of the partnership is to develop and commercialize a wide range of food products utilizing our proprietary 3D printing technology and plant-based premixes tailored specifically for Taiwanese cuisine. To accelerate expansion across Taiwan, the partnership will focus on commercializing Steakholder Foods' products through collaborations with leading food companies in Taiwan. A key part of this strategy will involve the sale of our commercial-scale 3D printer and premixes to commercial partners. Lastly, in June we announced the signing of a MOU to establish a strategic partnership with Sherry Herring, a highly-recognized gourmet fish delicacies brand. The partnership plans to unveil a new line of vegan fish salads developed with the company's proprietary SHFISH premix blends. The collaboration marks another step forward in advancing our commercialization strategy, leveraging Sherry Herring's regional expertise and brand recognition to expand our geographic footprint and customer base, and further bolstering our growing product portfolio. Capitalizing on Sherry Herring's well-established distribution network spanning delicatessens and restaurants, this new vegan fish salad line will roll out to Sherry Herring's current channels as well as new locations. Through the integration of SHFISH premix blends, we are aiming 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. Looking ahead to the back half of this year, our focus remains on securing commercial deals, expanding our market reach, and launching more product applications. We are excited about the future possibilities and confident in our continued success as we lead the way in alternative meat and fish production. The strategic partnerships and technological advancements we have achieved lay a solid foundation for our future growth and commercialization efforts."
LYEL

Hot Stocks

07:04 EDT Lyell Immunopharma announces initial clinical data from Phase 1 trial of LYL797 - Lyell Immunopharma announced initial clinical and translational data from its Phase 1 trial of LYL797, its first-generation reprogrammed ROR1 CAR T-cell product candidate enhanced with proprietary anti-exhaustion technology. The initial dataset consists primarily of patients with triple-negative breast cancer, TNBC, and demonstrated dose-dependent antitumor clinical activity and the ability of LYL797 CAR T cells to proliferate, infiltrate tumors and kill cancer cells in patients with relapsed/refractory disease. Patients with TNBC treated with LYL797 had an objective response rate of 40% and clinical benefit rate of 60% at the 150 x 106 CAR T cell dose level, with a CBR of 38% across all dose levels evaluable to date. Common treatment-related adverse events in patients without lung metastases included Grade 1 and 2 cytokine release syndrome and headache, and the expected cytopenia from lymphodepletion. There were no reports of immune effector cell-associated neurotoxicity syndrome attributed to LYL797. Pneumonitis occurred in patients with lung metastases and dose escalation is continuing separately and more gradually in those patients. No dose-limiting toxicities have been reported in patients without lung involvement. All patients are now receiving prophylactic steroids prior to LYL797 treatment. Also, the company announced its IND submission was completed for LYL119, Lyell's next generation ROR1-targeted CAR T cell product candidate
HLNE

Hot Stocks

07:02 EDT Hamilton Lane announces investment in Daphne Technologies - Hamilton Lane announced a partnership with, and investment in, Daphne Technologies, a platform facilitating distribution of alternative assets and increased efficiency of the fundraising process. As part of this partnership, Daphne has integrated with Cobalt - Hamilton Lane's proprietary private markets data, analytics, forecasting, and diligence platform. Daphne enables straight through data processing by which alternative asset managers can directly transmit fund information into Cobalt, greatly simplifying what has traditionally been a manual and painstaking process for both asset managers and their investors and channel partners. Daphne enables a direct digital connection between asset managers and their investors and channel partners.
LUV

Hot Stocks

06:57 EDT Southwest shares down 7% in premarket trading after cutting Q2 RASM outlook
LUV

Hot Stocks

06:56 EDT Southwest now sees Q2 RASM down 4%-4.5% vs. previous view down 1.5%-3.5% - The reduction in the company's RASM expectations was driven primarily by complexities in adapting its revenue management to current booking patterns in this dynamic environment. Despite lowered expectations, the company continues to expect an all-time quarterly record for operating revenue in second quarter 2024. Still sees Q2 ASMs up 8%-9%, and CASM-X up 6.5%-7.5% y/y.
NAK

Hot Stocks

06:54 EDT Northern Dynasty reports two Alaska Native Village corporations sue EPA - Northern Dynasty reported that Iliamna Natives Limited, or INL, and Alaska Peninsula Corporation, or APC, two Alaska Native Village corporations representing communities closest to the Pebble Project, have filed suit against the Environmental Protection Agency, or EPA, for exceeding its authority with the veto action against Pebble. John Shively, CEO of the Company's 100%-owned U.S.-based subsidiary Pebble Limited Partnership made the following statement regarding the action: "The jobs, economic activity and revenue from Pebble would bring significant positive benefits to the communities closest to us, as represented by INL and APC in this lawsuit. From the beginning, the EPA has given little weight to the views expressed by these communities because it did not fit their predetermined narrative against the project. The 'No Pebble' scenario for the communities represented by these two village corporations is one in which there is continued outmigration, increased already-higher-than-average cost of living, and lack of opportunities. A desire to change this trajectory and find good jobs for their shareholders is a key underpinning of the litigation filed today. It is ultimately about opportunity and hope. We have local support for the project, and the Final Environmental Impact Statement for Pebble, as published by the U.S. Army Corp of Engineers, describes in detail the potential for many benefits from Pebble including employment, reduction in the cost of living, and significant local tax revenues. It further documents how local fishing permits continue to migrate to non-Alaskans and a high percentage of commercial fishing jobs are held by non-residents. Those who oppose Pebble have not provided any alternative that would improve the economy of this area. These two Native Village Corporations understand that the EPA and our opposition care little about their future."
BW

Hot Stocks

06:34 EDT Babcock & Wilcox unit awarded more than $18M in contracts - Babcock & Wilcox announced that its B&W Environmental business segment has recently been awarded more than $18M in contracts to design and supply wet and dry electrostatic precipitator rebuilds for particulate emissions control in utility and industrial facilities in the United States and Europe.
CMPS

Hot Stocks

06:34 EDT Compass Pathways appoints Lori Englebert as Chief Commercial Officer - Compass Pathways announced the appointment of Lori Englebert as Chief Commercial Officer, effective July 8, 2024. She will be based in the company's New York City office. Lori brings multifaceted experience in global pharmaceuticals and joins from Axsome Therapeutics, where she spent nearly five years as a member of the executive team serving as head of commercial and business development and most recently as head of product strategy. She played an integral role in bringing the company from clinical-stage to commercial-stage and was responsible for formulating commercial launch strategy and scaling the commercial organization. Over her career, Lori has launched multiple CNS-focused assets, at Axsome and at Amgen, where she spent nearly a decade in several global brand roles, including neuroscience and oncology/hematology, as well as roles in commercial strategy and operations, corporate strategy and business development.
GIB XOM

Hot Stocks

10:34 EDT CGI Inc., Exxon Mobil renew payment and loyalty services partnership - CGI Inc. (GIB) announced the renewal of its partnership with ExxonMobil (XOM) for payment and loyalty services across Europe and the Asia Pacific region. CGI will further enhance customization options for ExxonMobil and its customers through its card payment solution, CGI PayPartner360.
BEAM

Hot Stocks

06:33 EDT Beam Therapeutics announces dosing of first patient with BEAM-302 - Beam Therapeutics announced the first patient was treated with BEAM-302, an investigational in vivo base editing medicine designed to precisely correct the underlying cause of severe alpha-1 antitrypsin deficiency, or AATD, that is currently being evaluated in a Phase 1/2 clinical trial. BEAM-302 is being evaluated in an open-label, dose-escalation Phase 1/2 clinical trial that will investigate the safety, pharmacodynamics, pharmacokinetics and efficacy of BEAM-302. The study design includes a dose exploration portion followed by a dose expansion portion to identify the optimal dose to take forward in a pivotal study.
RIG

Hot Stocks

06:33 EDT Transocean announces $188M Ultra-Deepwater drillship contract extension - Transocean announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to commence in direct continuation of the rig's current program and is estimated to contribute approximately $188M in backlog, including additional services.
SVRA

Hot Stocks

06:31 EDT Savara reports results from pivotal Phase 3 IMPALA-2 clinical trial. - Savara announced positive results from the pivotal, Phase 3 IMPALA-2 clinical trial. IMPALA-2 is a 48-week, randomized, double-blind, placebo-controlled trial assessing the efficacy and safety of molgramostim 300 mcg administered once daily by inhalation with matching placebo in adult patients with aPAP. Molgramostim is an inhaled form of recombinant human granulocyte-macrophage colony-stimulating factor. The trial met its primary endpoint. The treatment difference between molgramostim and placebo for mean change from baseline to Week 24 in hemoglobin-adjusted percent predicted DLCO achieved statistical significance. This statistically significant treatment difference was sustained at Week 48, a secondary endpoint, which demonstrated durability of effect. The treatment difference between molgramostim and placebo for mean change from baseline to Week 24 in SGRQ Total Score achieved statistical significance. Two additional secondary endpoints reached nominal significance: SGRQ Activity Score at Week 24 and exercise capacity using a treadmill test at Week 48. Molgramostim was well tolerated. The frequency of adverse events was generally similar between treatment groups. Two patients discontinued molgramostim treatment due to adverse events, both of which were considered unrelated to trial drug. The most commonly reported adverse events in the molgramostim group were COVID-19, cough, and pyrexia, with COVID-19 occurring more frequently with molgramostim than with placebo.
LLAP

Hot Stocks

06:31 EDT Terran Orbital, Hanwha Systems sign Memorandum of Understanding - Terran Orbital announced the signing of a Memorandum of Understanding with Hanwha Systems. This MOU solidifies their strategic partnership, marking a significant milestone in their collaborative efforts to develop state-of-the-art solar and satellite solutions through Hanwha Systems and its subsidiary, Flexell Space. This strategic partnership aims to bolster the defense capabilities of both the United States and South Korea by providing cutting-edge solutions to the warfighter and establishing a robust supply base. As part of this collaboration, Terran Orbital and Hanwha Systems will work together on satellite manufacturing, including solar cells, and cooperate in the defense industry in both the US and South Korea. This strategic move will enable both companies to co-create joint solutions tailored for government bids, thereby advancing their mission objectives.
VSTO

Hot Stocks

06:28 EDT Vista Outdoor jumps 11% to $37.50 after MNC raises offer to $42 per share
VSTO

Hot Stocks

06:24 EDT MNC Capital raises all-cash offer to acquire Vista Outdoor to $42 per share - MNC Capital Partners announced it has increased its all-cash offer to acquire Vista Outdoor to $42.00 per share, or approximately $3.2B. The revised proposal represents a premium of 55% to the VWAP from when Vista's transaction with the Czechoslovak Group was announced on October 16, 2023 to the last closing price before MNC's initial offer on February 19, 2024. The revised offer is also an over 40% premium to the last closing price prior to MNC's initial offer. When MNC made its initial bid in mid-February, Vista's shares were trading below $30 - at that time, the market reflected the acquisition of Kinetic by CSG. Yesterday, Vista shares closed at $33.78 - the shares would have closed significantly lower without the expectation that MNC would be continuing to pursue the acquisition of Vista. MNC's revised proposal represents a premium of almost 25% to yesterday's closing price. Given MNC's belief that its acquisition of Vista is in the best interests of shareholders, employees and national security, MNC decided to make one final effort for such acquisition by increasing its June 6, 2024 proposal from $39.50 per share all cash to $42.00 per share all cash. MNC said that it cannot see any possible basis or reason to further raise it. MNC's revised proposal is all cash, has no regulatory issues and is not subject to any financing conditions. MNC holds secured debt and equity commitments more than sufficient to close the transaction and stands ready to provide those to Vista. MNC expects that the Vista Board will move forward expeditiously to sign a merger agreement on the terms proposed. MNC believes a definitive agreement can be executed in a matter of days.
VSTO

Hot Stocks

06:22 EDT MNC Capital raises all-cash offer to acquire Vista Outdoor to $42 per share
AZN

Hot Stocks

06:17 EDT AstraZeneca says Tagrisso with addition of chemo approved in China for NSCLC - AstraZeneca's Tagrisso with the addition of pemetrexed and platinum-based chemotherapy has been approved in China for the first-line treatment of adult patients with locally advanced or metastatic epidermal growth factor receptor-mutated non-small cell lung cancer, or NSCLC, whose tumours have exon 19 deletions or exon 21 mutations, the company announced.
ENTG

Hot Stocks

06:10 EDT Entegris and Departmen of Commerce announce $75M proposal for Colorado facility - Entegris and the U.S. Department of Commerce have signed a non-binding Preliminary Memorandum of Terms, or PMT, for up to $75M in proposed direct funding to Entegris under the CHIPS and Science Act. This funding would support the development of a state-of-the-art facility in Colorado Springs designed to create products critical to the future of semiconductor manufacturing in the U.S. Entegris is among the first suppliers in the semiconductor industry to enter into a PMT with the U.S. Department of Commerce under this federal initiative. Its new manufacturing center of excellence in Colorado Springs will support the company's Advanced Materials Handling and Microcontamination Control divisions. The facility is expected to create approximately 600 new jobs in Colorado Springs over the next several years, spanning roles from entry-level manufacturing to engineering and operational leadership. Approximately 500 construction jobs are also expected to be created by 2030. The facility, which is targeted to begin initial commercial operations in 2025, will be built in multiple phases: the first to support production of FOUPs and liquid filter membranes. The second phase will support the production of advanced liquid filters, purifiers, and fluid handling solutions. Entegris is partnering with Microchip Technology, Pikes Peak State College, Pikes Peak Business and Education Alliance, various high school districts and universities. Entegris' project will also be a Military Center of Excellence that aims to recruit 50% of its workforce from Veterans and military families through partnerships with Hiring our Heroes, Mt. Carmel Veterans Service Center, the SEMI Veteran Foundation and local military bases.
VZLA

Hot Stocks

06:06 EDT Vizsla Silver reports results from drill holes targeting Copala resource area - Vizsla Silver reports results from five new drill holes targeting the Copala resource area at its 100%-owned, flagship Panuco silver-gold project located in Mexico. The reported drilling, designed to infill near-surface Indicated Mineral Resources, continues to confirm high-grade continuity throughout Copala and reveals how rich the mineralizing hydrothermal system involved in initial vein formation was. Highlights: CS-24-356 returned 8,817 grams per tonne silver equivalent (AgEq) over 4.20 metres true width; Including 55,769 g/t AgEq over 0.64 mTW; CS-24-362 returned 1,103 g/t AgEq over 10.50 mTW; Including 4,881 g/t AgEq over 1.47 mTW; And, 1,379 g/t AgEq over 0.91 m TW. "Today's results represent some of the highest-grade gold intercepts drilled to date at the Panuco Project," commented Michael Konnert, President & CEO. "Our ongoing infill program, targeting the near-surface ultra high-grade zone at Copala continues to deliver exceptional silver and gold grades over very broad widths. In addition to confirmation of continuity, hole CS-24-356 also expanded high-grade mineralization closer to surface. Moving forward we will continue our conversion drilling at Copala as we de-risk the project ahead of the maiden PEA, slated for early Q3 2024."
WU

Hot Stocks

06:05 EDT Western Union launches first concept store in Morocco - Western Union launched its first "concept store" in Morocco, in collaboration with Cash Plus. Located in the satellite city of Errahma, the store offers a unique, Western Union-branded experience to customers as they send and receive money internationally. The launch also makes it the first Western Union concept store to open in Africa. It marks a significant milestone in the Company's 'Evolve 2025' strategy for the country and the continent. Morocco is a pivotal hub for remittances. In 2023, the country received approximately $12B in inflows, making it the third largest inbound market in Africa. These funds represent a vital source of income for many Moroccan families and are a critical component in the foundation of the country's economy. Remittances contribute approximately 8% to Morocco's GDP.
NDAQ

Hot Stocks

06:04 EDT Nasdaq announces termination of previously announced agreement with EEX - Nasdaq announced the termination of its transaction agreement with the European Energy Exchange, previously announced on June 20, 2023, under which EEX had agreed to acquire Nasdaq's Nordic power trading and clearing business. Nasdaq continues to operate its Nordic power trading and clearing business and remains focused on providing its clients with exceptional service.
NYC

Hot Stocks

06:03 EDT American Strategic Investment agrees term sheet to sell Manhattan property - American Strategic Investment announced that it has agreed to a term sheet to sell its 9 Times Square Midtown Manhattan property for $63.5M. It is expected that the closing of the transaction will occur within 120 days of the execution of a definitive purchase and sale agreement between the parties. The Company previously announced that it had secured an amendment of the loan on 9 Times Square, which extended the maturity date of the loan to October 2024, with the option of an additional extension of the loan to year-end 2024 subject to certain conditions, to facilitate the proposed sale of the property. There can be no assurance that the Company will enter into a definitive agreement for the sale of 9 Times Square on the terms set forth in the term sheet or at all.
HITI

Hot Stocks

06:03 EDT High Tide to acquire Mississauga retail cannabis store for C$600,000 - High Tide has entered into a definitive asset purchase agreement dated June 25, 2024 pursuant to which High Tide will acquire a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia for C$600,000. The store is located at 6400 Millcreek Drive, Mississauga and is situated in a bustling retail plaza surrounded by several small businesses. It is adjacent to an internationally recognized quick-serve restaurant and is steps away from a national discount retailer and a Canadian discount grocery chain. For the trailing three months ended May 31, 2024, the store generated annualized revenue of C$2.3 Million and annualized Adjusted EBITDA of C$0.4 Million. The purchase price represents 1.5x annualized Adjusted EBITDA for the trailing three months ended May 31, 2024. The Transaction, which is an arm's length transaction, is subject to, among other things, receipt of required TSX Venture Exchange approval, Alcohol and Gaming Commission of Ontario approval, and other customary conditions of closing, is expected to close in the coming weeks. The Consideration for the Stores being acquired will be C$600,000 paid in cash on the closing of the Transaction. The purchase price represents 1.5x annualized Adjusted EBITDA for the three months ended May 31, 2024. From the Consideration, an amount equal to approximately C$150,000 will be held in escrow for a period of twelve months by High Tide's lawyers to satisfy Cantopia's indemnity with respect to possible claims based on breaches of representation and warranties.
AIG

Hot Stocks

06:03 EDT AIG to sell global individual personal travel insurance unit to Zurich for $600M - American International Group announced that it has entered into a definitive agreement to sell its global individual personal travel insurance and assistance business to Zurich Insurance Group for $600M in cash plus additional earn-out consideration. The agreement includes the Travel Guard business and its servicing capabilities, excluding Japan and our AIG joint venture arrangement in India. Travel coverages offered through AIG's Accident & Health business are also excluded from this agreement. The sale is expected to close by the end of 2024, subject to customary closing conditions, including regulatory approvals.
FUN SIX

Hot Stocks

10:02 EDT Cedar Fair and Six Flags satisfy regulatory conditions for announced merger - Cedar Fair (FUN) and Six Flags Entertainment Corporation (SIX) announced that the regulatory conditions for their previously announced merger of equals have been satisfied, permitting the companies to proceed with the closing of the Mergers. The parties expect Closing to occur on July 1 following the satisfaction of remaining customary closing conditions. Immediately following the Closing, the combined company will be renamed "Six Flags Entertainment Corporation" and trading of the combined company's common stock on the New York Stock Exchange is expected to begin on July 2 under the ticker symbol "FUN."
CVNA

Hot Stocks

06:01 EDT Carvana expands same day vehicle delivery to Richmond, Virginia area - Carvana announced its expansion of same day vehicle delivery to select residents of the greater Richmond, Virginia area. Now Richmond area customers can take delivery of a vehicle as soon as the same day they place an order on Carvana.com, and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off.