Stockwinners Market Radar for July 02, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

ARC

Hot Stocks

21:04 EDT ARC Document receives non-binding 'go-private' proposal - The Special Committee of the Board of Directors of ARC Document Solution announced that it received a non-binding proposal on April 8, 2024 from the Company's Chairman and Chief Executive Officer, Kumarakulasingam Suriyakumar, outlining Mr. Suriyakumar's intent to explore and evaluate a potential acquisition of all of the outstanding shares of the Company not already owned by Mr. Suriyakumar in a going-private transaction at a purchase price of $3.25 per share in cash. On June 27, 2024, Mr. Suriyakumar, Dilantha Wijesuriya, the Company's President and Chief Operating Officer, Jorge Avalos, the Company's Chief Financial Officer, Rahul Roy, the Company's Chief Technology Officer, Sujeewa Sean Pathiratne, a private investor, and certain entities affiliated with such persons agreed in principle that they will work with each other to negotiate and consummate the Proposed Transaction. In response to the proposal, on April 8, 2024, a special committee of the board of directors of the Company consisting entirely of independent, disinterested directors (the "Special Committee") was formed to review and evaluate the Proposed Transaction. The Special Committee retained William Blair & Company, L.L.C. to provide financial advice and K&L Gates LLP as legal counsel to assist in its ongoing review and evaluation of the Proposed Transaction and the Company's other strategic alternatives. Wilmer Cutler Pickering Hale and Dorr is acting as legal counsel to the Company. The Special Committee intends to carefully consider the Proposed Transaction with the assistance of its independent financial and legal advisors.
ACHR

Hot Stocks

20:05 EDT Cathie Wood's ARK Investment bought 407K shares of Archer Aviation today
RXRX

Hot Stocks

20:05 EDT Cathie Wood's ARK Investment bought 505K shares of Recursion Pharmaceuticals
NUTX

Hot Stocks

19:50 EDT Nutex Health Inc trading halted, news pending
MDRR

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19:50 EDT Medalist Diversified REIT Inc trading halted, news pending
JZXN

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19:50 EDT Jiuzi Holdings Inc trading halted, news pending
ASLN

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19:50 EDT ASLAN Pharmaceuticals trading halted, news pending
BHR

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18:02 EDT Braemar Hotels & Resorts announces cooperation agreement with Blackwells - Braemar Hotels & Resorts announced that it has entered into a cooperation agreement with Blackwells Capital. Under the terms of the Cooperation Agreement, Blackwells will withdraw its director nomination notice and proposals, cease soliciting proxies and vote in favor of all Braemar directors and proposals at the 2024 Annual Meeting of Stockholders. Braemar and Blackwells have agreed to release all legal claims arising prior to the settlement and dismiss their respective actions. As part of the Cooperation Agreement, Blackwells has committed to purchase 3.5M shares of Braemar's stock in the open market, financed in part by Braemar. Braemar will also add an additional independent director to its Board of Directors and will consider Blackwells' input in this selection. Blackwells has entered into a multi-year standstill with voting commitments in connection with the Cooperation Agreement. The agreement will be filed by the Company with the SEC.
DECA

Hot Stocks

17:45 EDT Denali Capital Acquisition Corp trading resumes
LMT

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17:25 EDT Lockheed Martin awarded $199.56M Navy contract modification - Lockheed Martin was awarded a $199.56M cost-plus-incentive-fee modification to a previously awarded contract to exercise options for Navy engineering design, development, and production support. Work is expected to be completed by September 2025. FY24 other procurement funds in the amount of $9.47M; FY24 research, development, test and engineering funds in the amount of $3.2M; and FY23 other procurement funds in the amount of $1.75M will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.
AHCO

Hot Stocks

17:25 EDT AdaptHealth announces appointment of Dale Wolf as chairman - AdaptHealt announced the appointment of Dale Wolf as Chair of the Board of Directors, effective July 1. Wolf has served on AdaptHealth's Board since November 2019 and will assume the role from outgoing Chairman Richard Barasch. Additionally, Suzanne Foster, AdaptHealth's Chief Executive Officer, has joined the Board of Directors, effective May 20, .
DECA

Hot Stocks

17:25 EDT Denali Capital Acquisition Corp trading halted, news pending
LMT

Hot Stocks

17:23 EDT Lockheed Martin awarded $226.85M Army contract - Lockheed Martin was awarded a $226.85M hybrid contract for procurement of Army Tactical Missile System guided missile and launching assembly. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of December 30, 2028. FY24 Foreign Military Sales funds in the amount of $226.85M were obligated at the time of the award. Army Contracting Command is the contracting activity.
MESA

Hot Stocks

17:22 EDT Mesa Air announces furlough of 12 pilots, training deferrals for 41 trainees - Mesa Air announced the furlough of 12 pilots and training deferrals for 41 pilot trainees, effective July 12. These actions are the result of significantly reduced attrition among Mesa's active pilot workforce. The company currently anticipates this will save approximately $750,000 per month in operating expenses. "Over the last two years, attrition at Mesa often exceeded 25 pilots per month due to the pilot shortage created by the FAA's implementation of the '1,500-hour rule'," said Jonathan Ornstein, Mesa chairman and CEO. "As a result, we undertook significant efforts to increase our pilot hiring, including our Mesa Pilot Development (MPD) program. However, attrition has fallen more precipitously than expected at Mesa in the past few months, in part due to the slowdown or cessation of hiring across most airlines. In addition, we believe the industry-wide pipeline will continue to improve as pilots previously denied the opportunity to fly commercially due to the lack of 1,500 hours finally achieve requisite flight time. While we deeply regret these actions, we expect reduced attrition and a more stable pilot force will enable us to increase our Embraer-175 block hours with United. Based on our current outlook, we anticipate starting to recall pilots by the end of the year. Additionally, once our pilot pipeline has recalibrated, we will resume hiring pilot trainees based on anticipated attrition levels."
LMT

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17:19 EDT Lockheed Martin awarded $520.4M Air Force contract modification - Lockheed Martin has been awarded a not-to-exceed $520.4M fixed-price incentive modification to a previously awarded contract for Foreign Military Sales Block 70/72 F-16 Viper Shield electronic warfare suite production. The contract modification expands the current long lead materials contract to allow the contractor to begin production tasks. The modification brings the total cumulative face value of the contract to $897.4M. Foreign Military Sales funds in the amount of $177.7M are being obligated at the time of award. The Air Force Life Cycle Management Center is the contracting activity.
SCLX DECA

Hot Stocks

17:18 EDT Scilex's Semnur Pharmaceuticals, Denali Capital enter business combination - Semnur Pharmaceuticals, a wholly owned subsidiary of Scilex Holding (SCLX), and Denali Capital Acquisition (DECA) announce signing of a letter of intent for a proposed business combination, which provides for a pre-transaction equity value of Semnur of up to $2.0 billion, subject to adjustment based on third-party fairness opinion, with expected cash on hand at closing of up to $40 million depending on the number of SPAC shares that are redeemed prior to the completion of the business combination. The proposed business combination would create a publicly traded biopharma company and further provide investment into Semnur for the development of a non-opioid product, SP-102 (10 mg injectable dexamethasone sodium phosphate viscous gel), or SEMDEXA(TM), a Phase 3 novel non-opioid, viscous gel formulation of a widely used corticosteroid for epidural injections to treat lumbosacral radicular pain, or sciatica, with FDA Fast Track status. Anticipated proceeds from the proposed business combination are expected to fund Semnur's lead program, SP-102, and a final Phase 3 study in connection with a potential New Drug Application filing with the FDA. Scilex is expected to be the majority holder of the combined company following completion of the proposed business combination. As previously disclosed, the Board of Directors of Scilex approved a resolution to authorize a potential dividend of up to 10% of the Scilex's ownership interest in Semnur in connection with certain transactions, including a merger, subject to the registration of Semnur's common stock with the Securities and Exchange Commission.
INVE

Hot Stocks

17:15 EDT Identiv announces stockholder approval of transaction with Vitaprotech - Identiv announced that its stockholders approved the asset sale transaction with Vitaprotech, a security solutions provider, at the Company's Annual Meeting held on June 28, 2024. The Company sought stockholder approval of the asset sale. Approximately 96% of shares voted were voted 'FOR' the asset sale proposal. Approximately 72% of the Company's outstanding shares voted on the proposal, reflecting high interest in and support of the Company's strategic direction, as proposed and recommended by the Company's Board of Directors.
VSTO

Hot Stocks

17:11 EDT Vista Outdoor confirms receipt of additional information from MNC Capital - Vista Outdoor confirms receipt of information delivered by MNC Capital in response to Vista Outdoor's request for certain additional information required in order to assess MNC's revised indication of interest pursuant to which MNC expressed its final effort to acquire Vista Outdoor in an all-cash transaction for $42 per share. The Vista Outdoor Board is carefully reviewing the additional information provided by MNC, which includes certain documentation with respect to MNC's financing arrangements, along with MNC's Final Indication, in accordance with its fiduciary duties and its obligations under the existing merger agreement with Czechoslovak Group, and in consultation with its financial and legal advisors. The Vista Outdoor Board remains committed to acting in the best interests of Vista Outdoor stockholders. The Vista Outdoor Board has not made any determination with respect to the Final Indication within the framework contemplated by the existing merger agreement with CSG, which remains in effect, and continues to recommend Vista Outdoor stockholders vote in favor of the proposal to adopt the merger agreement with CSG at the Vista Outdoor special meeting of stockholders.
MRAM

Hot Stocks

17:05 EDT Everspin Technologies to join Russell 2000 Index - Everspin Technologies announced its inclusion in the Russell 2000 Index as part of the annual reconstitution of the Russell stock indexes. This inclusion was effective at the opening of U.S. equity markets on Monday, July 1, based on the preliminary list of additions posted on Friday, May 24.
SLB CHX

Hot Stocks

17:04 EDT SLB and ChampionX get 2nd request for information from DoJ on review of deal - SLB (SLB) announced that, as expected, it and ChampionX (CHX) have each received a request for additional information, second request, from the United States Department of Justice DoJ in connection with the DoJ's review of SLB's previously announced planned acquisition of ChampionX. SLB currently expects the transaction to close in the fourth quarter of 2024 or the first quarter of 2025, pending regulatory approvals and other customary closing conditions. The transaction received the approval of the ChampionX stockholders at a special meeting held on June 18.
IDEX

Hot Stocks

17:02 EDT Ideanomics discloses Nasdaq listing deficiency notice - The company states: "Ideanomics announced that onJune 26, 2024,the Company received a notice from the staff of the Nasdaq Listing Qualifications department of The Nasdaq Stock Market LLC stating that because the Company's Form 10-K for the fiscal year ended December 31, 2023, reported stockholders' equity of less than the required minimum of $2,500,000 in stockholders' equity for continued listing, and as of that day, the Company did not meet the alternatives of market value of listed securities or net income from continuing operations, the Company no longer complied with Listing Rule 5550(b)(1). Accordingly, this matter serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market. The Nasdaq Hearings Panel will consider this matter in their decision regarding the Company's continued listing on The Nasdaq Capital Market and the Company must present its views with respect to this additional deficiency to the Panel in writing no later than July 3, 2024. The Company is working diligently to regain compliance and will provide an update once more information is available."
SPB

Hot Stocks

16:55 EDT Spectrum Brands files to spin-off home and personal care business - The company states: "Spectrum Brands is pleased to announce that it has filed a confidential Form 10 registration statement with the SEC for the spin-off of its home and personal care business. As previously announced, Spectrum Brands has accelerated its efforts to separate its HPC business from its remaining businesses through a spin-off, sale, merger or other strategic transaction."
MINM

Hot Stocks

16:51 EDT Minim receives noncompliance notification from Nasdaq - Minim announced that it received a letter from Nasdaq notifying the company that the staff had determined that the company did not meet the terms of the minimum stockholders' equity requirement of at least $2.5M for continued inclusion on Nasdaq pursuant to Nasdaq Listing Rule 5550. The company announced that it appealed the staff determination from Nasdaq, to a panel to delist the company's securities from Nasdaq because of the company's stockholders' equity requirement. The hearing request to the panel will stay the suspension of the company's securities and the filing of the Form 25-NSE pending the panel's decision. In connection with its request for a hearing, the company has also requested that the staff determination be further stayed pending the resolution of the company's appeal.
ON

Hot Stocks

16:50 EDT On Semiconductor completes acquisition of SWIR Vision Systems - Onsemi announced it has completed the acquisition of SWIR Vision Systems. SWIR Vision Systems is a leading provider of CQD, or colloidal quantum-dot-based, short wavelength infrared, or SWIR, technology, a technology that extends the detectable light spectrum to see through objects and capture images that were not previously possible. The integration of this patented technology within onsemi's industry-leading CMOS sensors will significantly enhance the company's intelligent sensing product portfolio and pave the way for further growth in key markets including industrial, automotive and defense. CQD uses nanoparticles or crystals with unique optical and electronic properties that can be precisely tuned to absorb an extended wavelength of light. This technology extends the visibility and detection of systems beyond the range of standard CMOS sensors to SWIR wavelengths. SWIR Vision Systems is now a wholly owned subsidiary of onsemi, with its highly skilled team being integrated into the company's Intelligent Sensing Group. The team will continue to operate in North Carolina. The acquisition is not expected to have any meaningful impact on onsemi's near to midterm financial outlook.
STLA

Hot Stocks

16:43 EDT FCA reports Q2 sales down 21% vs. last year - FCA US reports total sales of 344,993 vehicles in the Q2, up 4% from the previous quarter. Overall, Q2 total U.S. sales declined 21% year over year while demonstrating strong quarter-over-quarter improvement. "With the moves we made the first half of the year, including working toward a multi-energy strategy consisting of BEV, PHEV and ICE vehicles that meets the demand of our customers, and pricing adjustments across our U.S. brands, including Jeep, Dodge, Chrysler and Ram, we're seeing significant momentum this quarter over the previous quarter of 2024, both in total U.S. sales, which saw an increase of 4% during the period, and in market share," said Matt Thompson, head of U.S. retail sales. "Additionally, beginning today, we are launching a national 'Summer Select Inventory Bonus Cash' incentive campaign, which will provide up to $2,000 cash back across many of our nameplates."
STLA

Hot Stocks

16:43 EDT Stellantis reports Q2 FCA U.S. total sales down 21% to 345K vehicles - The company states: "Stellantis posted 4% quarter-over-quarter growth with a Q2 2024 total U.S. sales decrease 21% year over year. Jeep Wagoneer and Grand Wagoneer total sales increased 107% and 24% year over year, respectively. Jeep brand saw retail sales of the Wrangler, Grand Cherokee and Compass increase 24%, 12% and 15%, respectively, Q2 over Q1 2024. Ram brand saw growth of 11% in total sales Q2 over Q1 2024. Ram commercial fleet sales increased 47% Q2 over Q1 2024. Dodge brand total sales increased 16% Q2 over Q1; Charger, Challenger and Durango up 52%, 18% and 18%, respectively, for the same time period. Chrysler brand sales grew 14% in total sales Q2 over Q1 2024. Alfa Romeo saw growth of 9% in total sales increase Q2 over Q1 2024. FIAT brand launched the all-new, all-electric Fiat 500e in Q2."
LFWD

Hot Stocks

16:34 EDT Lifeward announces Joseph Turk appointed incoming Chairman - Lifeward, previously ReWalk Robotics, announced that Jeff Dykan, current Chairman of the Lifeward Board of Directors, will retire from his role and will not stand for reelection effective at the 2024 Annual Meeting of Shareholders. Joseph Turk, who has served on Lifeward's Board since 2022, has been appointed as the incoming Chairman and will assume the role following the upcoming shareholder meeting. Under Dykan's leadership, Lifeward , previously ReWalk Robotics, has thrived as it grew from an early-stage concept, attracted a management team to lead development, navigated regulatory clearances - including a De Novo approval with the FDA, conducted an IPO, established an exoskeleton coverage policy for U.S. Veterans under the VA, acquired AlterG to grow its portfolio, and most recently, established reimbursement for personal exoskeletons under Medicare. Lifeward is greatly appreciative of Mr. Dykan's guidance and leadership throughout the Company's history of pioneering the exoskeleton and physical rehabilitation industries
ATSG

Hot Stocks

16:33 EDT Air Transport Services signs lease pacts for two 767-300 freighter aircraft - Air Transport Services announced that its subsidiary Airborne Global Leasing has signed leased agreements for two additional Boeing 767-300 converted freighter aircraft to My Freighter Cargo Airlines of Tashkent, Uzbekistan. The addition of these two aircraft will expand the airline's ATSG-leased fleet to five 767-300 freighters.
STN

Hot Stocks

16:32 EDT Stantec appoints Vito Culmone as next CFO - Stantec announced that Vito Culmone will join the company in mid-July as its next executive vice president and chief financial officer. He will officially assume the CFO role on September 3. Culmone will succeed Theresa Jang, who previously announced her plan to retire.
CVEO

Hot Stocks

16:31 EDT Civeo names Andrew Fraser as President, Canada - Civeo announced the appointment of Andrew "Andy" S. Fraser, a dynamic and experienced leader, as President, Canada, effective August 19, 2024. He succeeds Al Schoening, Senior Vice President, Canada, who will retire after serving 13 years at Civeo. Mr. Schoening will work closely with Mr. Fraser to ensure a smooth transition and is expected to remain a consultant for the Company for a period after his retirement.
NFE

Hot Stocks

16:31 EDT New Fortress Energy announces launch of Klondike Digital Infrastructure - The company states: "New Fortress Energy announces the launch of Klondike Digital Infrastructure, a power and data center development business dedicated to working with hyperscale clients to build and operate data centers. This venture comes in response to a significant need for turnkey digital infrastructure to support the next stage of explosive growth in artificial intelligence. Klondike is revolutionizing the industry by utilizing behind-the-meter, on-site power. This innovative approach addresses all major constraints of digital infrastructure development, providing grid stability, significant transmission capacity, power reliability, energy cost savings, and scalability."
FFWM

Hot Stocks

16:24 EDT First Foundation sinks after investment prices 11.31M shares at $4.10 - First Foundation announced that affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors have agreed to make individual investments aggregating to $228M in the company, subject to the satisfaction of customary closing conditions. In connection with this equity investment, Fortress affiliates are expected to invest $115M, Canyon Partners is expected to invest $46M, Strategic Value Bank Partners is expected to invest $22M, and North Reef Capital is expected to invest $22M, with the remaining coming from other investors. First Foundation Bank will add four new directors to its board at closing of the equity investment, with Fortress having a contractual right to add another board member in the future. In connection with the equity capital raise transaction, First Foundation will sell and issue, in the aggregate, to the investors 11.31M shares of common stock at a price per share of $4.10. The transaction is expected to close on or around July 8. Shares of First Foundation are down 23% to $5.04 in after-hours trading.
ATOS

Hot Stocks

16:18 EDT Atossa Therapeutics appoints Heather Rees as CFO - Atossa Therapeutics announced the appointment of Heather Rees as the company's new CFO. Rees most recently served as Atossa's senior VP of finance and principal accounting officer. Rees brings almost 30-years of accounting, business and financial experience to the CFO role. She has spent the last seven years of her career at Atossa having joined the company as controller in 2017.
FFWM

Hot Stocks

16:17 EDT First Foundation announces equity investment of over $225M - First Foundation announced that affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors have agreed to make individual investments aggregating to $228 million in the Company, subject to the satisfaction of customary closing conditions set forth in the parties' respective investment agreements. In connection with this equity investment, Fortress affiliates are expected to invest $115 million, Canyon Partners is expected to invest $46 million, Strategic Value Bank Partners is expected to invest $22 million, and North Reef Capital is expected to invest $22 million, with the remaining coming from other investors.
CIFR

Hot Stocks

16:14 EDT Cipher Mining produced ~176 BTC in June - Cipher Mining released its unaudited production and operations update for June 2024.In June, Cipher delivered another solid month of production and continued to expand operations, with energization of the 30 MW expansions at each of its Bear and Chief data centers. "At Bear we have now received and installed all the new mining rigs, and we expect to finish installing the remainder of the new mining rigs at Chief later this month," said Tyler Page, CEO of Cipher. Bitcoin Production and Operations Updates for June 2024 include: Cipher produced ~176 BTC in June. As part of its regular treasury management process, Cipher sold ~103 BTC in June, ending the month with a balance of ~2,209 BTC.
BNL

Hot Stocks

16:13 EDT Broadstone Net Lease updates on healthcare portfolio strategy - The company states: "Through June 30, 2024 and as previously reported, we have sold 38 clinically-oriented healthcare properties for gross proceeds of $262.2 million at a weighted average capitalization rate of 7.84%. As of July 2, 2024, a third-party purchaser has completed due diligence procedures with respect to the purchase of an additional 15 clinically-oriented healthcare properties from the Company pursuant to a previously executed purchase and sale agreement (the "Portfolio Sale"). The Company anticipates the Portfolio Sale transaction will close in two separate tranches in July and October 2024 for gross proceeds of $80.3 million at a weighted average capitalization rate of 7.96%. Based on ABR at the time of our initial announcement of the healthcare portfolio simplification strategy, the Portfolio Sale represents an additional 15% of our planned healthcare simplification strategy, completing nearly all previously planned healthcare dispositions for 2024. Following the closing of the Portfolio Sale, our healthcare dispositions would total $342.5 million year-to-date at a weighted average capitalization rate of 7.87%, which we anticipate will be fully redeployed based on actual and committed investments. With these sales and successful redeployment efforts completed to-date, we anticipate a reduction in our healthcare exposure from 17.6% of our ABR at the end of 2023 to 11.3%." CEO John Moragne added: "This portfolio sale marks a significant milestone in our healthcare portfolio simplification strategy, and once closed, will complete a substantial majority of our planned healthcare dispositions for 2024. I couldn't be more pleased with the team's ability to execute on these sales and remain highly optimistic in our ability to redeploy proceeds into high quality industrial, retail, and restaurant assets."
GYRE

Hot Stocks

16:10 EDT NMPA approves Gyre's avatrombopag maleate tablets for TP associated with CLD - Gyre Therapeutics announced that China's National Medical Products Administration or NMPA has approved Gyre Pharmaceuticals' avatrombopag maleate tablets for the treatment of thrombocytopenia or TP associated with chronic liver disease, CLD,,in adult patients undergoing elective diagnostics procedures or therapy. TP is the most common hematologic complication in patients with CLD and can be life-threatening in severe cases. "The approval of avatrombopag maleate tablets by the NMPA represents an important milestone for Gyre as we expand our rare disease product lines and build our presence in developing treatments for patients with CLD," said Han Ying, Ph.D., CEO of Gyre Therapeutics. "We are eager to launch avatrombopag in China and provide a treatment for patients suffering from this devastating disease."
TYRA

Hot Stocks

16:09 EDT Tyra Biosciences reports preclinical proof-of-concept results with TYRA-300 - Tyra Biosciences announced preclinical proof-of-concept results with TYRA-300, an investigational oral FGFR3 selective inhibitor, in hypochondroplasia, or HCH. The results were presented at the 6th Annual Achondroplasia & Skeletal Dysplasia Research Conference, held June 28-30,in Baltimore. HCH is a skeletal dysplasia closely related to achondroplasia, or ACH, the most common form of dwarfism. HCH is most commonly caused by the N540K mutation in the FGFR3 gene. There are currently no approved therapeutic options for HCH. The design of TYRA-300 may inhibit the alteration driving FGFR3-related skeletal dysplasias including ACH, HCH and others. In an Fgfr3Asn534Lys/+ preclinical model, TYRA-300 was evaluated in FGFR3 wild-type and mutant animals to evaluate its potential effect on long bone length and skull size compared to vehicle-treated mice. TYRA-300 was administered daily at 1.8 mg/kg/day for 21 days starting at Day 3. TYRA-300 increased the length of the appendicular skeleton in the FGFR3 mutated mice: femur by 3.70% compared to the vehicle; tibia by 3.75% compared to the vehicle; humerus by 3.22% compared to the vehicle; and ulna by 5.03% compared to the vehicle. TYRA-300 also increased the size of the foramen magnum by 5.88% in mice. TYRA-300 demonstrated binding against the FGFR3 N540K altered protein and isoform selectivity for FGFR3 over other isoforms, as previously reported.
INO

Hot Stocks

16:08 EDT Inovio appoints Steven Egge as Chief Commercial Officer - Inovio announced the appointment of Steven Egge as Chief Commercial Officer. Egge will lead the company's commercial strategy and operations as it prepares to potentially launch its first DNA medicine product, INO-3107 as a treatment for recurrent respiratory papillomatosis. Egge comes to Inovio from Sumitomo Pharma, where where he was senior VP and General Manager for Women's Health.
RNST

Hot Stocks

16:07 EDT Renasant sells assets of Renasant Insurance to Sunstar, terms undisclosed - Renasant announced that it has sold the assets of Renasant Insurance to Sunstar Insurance Group effective as of July 1. Sunstar is a regionally focused insurance broker, risk management consultant and provider of employee benefits coverages and other human capital solutions based in Memphis, Tennessee. With more than $1.2 billion in premiums placed, Sunstar is ranked as the 33rd largest independent insurance agency in the country. The acquisition of Renasant Insurance, Inc. represents Sunstar's strategic entry into the State of Mississippi. All current Renasant Insurance leadership and employees have joined Sunstar, and all Renasant Insurance locations will remain open following this transaction. As part of the transaction, Renasant will maintain a strategic relationship with Sunstar.
SCSC

Hot Stocks

16:06 EDT Scansource names Ken Mills as new President - Intelisys, a ScanSource company, and a leading provider of technology services and solutions, announced the appointment of Ken Mills as its new president. In this role, Mills will lead the company's strategic direction with a focus on driving sustainable growth for the company, its partners and suppliers. He most recently served as CEO for Epic iO Technologies, a tech-enabled SaaS company, where he was instrumental in increasing revenue and shareholder value, as well as developing partner-focused platforms to improve productivity and efficiency.
ZVIA

Hot Stocks

16:05 EDT Zevia discloses continued listing standard notice from NYSE - Zevia announced that on June 26, 2024, it received notice from the New York Stock Exchange informing the Company that it is no longer in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stockwas less than $1.00 per share over a consecutive 30 trading-day period. The Notice does not result in the immediate delisting of the Company's common stock fr om the NYSE.
BUR

Hot Stocks

15:52 EDT Sundance settles with Congo, Jefferies sees gain for Burford Capital - Sundance Resources announced yesterday that following a mediated discussion Congo had recently initiated with Sundance, the execution of a binding but confidential and conditional settlement agreement between Sundance, Congo Iron SA and Congo which is meant to settle the ongoing and previously announced dispute between The company added, "If the cash funds are disbursed as agreed in the Conditional Settlement, then the ICC arbitration will end; conversely, if the funds are not received in due course and for the full amount, then the arbitration will continue undisturbed with the hearing now expected to be held in Paris mid-November this year. If successful, the Conditional Settlement is intended to occur by no later than the end September 2024." Jefferies called the settlement "good news" for Burford Capital that would likely lead to a realized gain on its investment. Sundance today provided an update regarding the proceedings between Sundance and the Republic of Cameroon. "As foreshadowed in the Company's update of 26 April 2024, Sundance has now served its Statement of Reply to Cameroon's Statement of Defence. The proceedings against Cameroon are scheduled to be heard by the International Chamber of Commerce in Paris from 27 to 31 January 2025. The Conditional Settlement with Congo announced on 1 July 2024 will not affect the Company's ICC arbitration against Cameroon."
BUR

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15:44 EDT Burford rallies 5% to $13.13 after Jefferies highlights possible Sundance gain
VWAGY

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14:36 EDT Volkswagen of America reports Q2 sales up 31% to 100,612 units - Volkswagen of America reports Q2 sales increased 31% year-over-year to 100,612 units. Jetta and Taos sales "underpinned strong YoY growth by increasing 76% and 49% YoY respectively," the company said in a statement. Atlas sales grew by 37% year-over-year and Atlas Cross Sport by 18%.
TPC

Hot Stocks

14:29 EDT Tutor Perini joint venture awarded Connecticut river bridge replacement project - Tutor Perini Corporation announced that the company, in a joint venture with O&G Industries, has been awarded a contract by Amtrak for the Connecticut River Bridge Replacement Project. The project will involve building a two-track, electrified and resilient bascule bridge structure equipped with new track, signal, catenary, power, communication, controls and security features along the Northeast Corridor. The project aims not only to address the bridge's current structural deficiencies, but also to modernize it, enhancing vertical clearance and increasing speed capabilities. Amtrak's approximately $1.3B project is primarily funded by the Infrastructure Investment & Jobs Act, through a $826.6M federal grant awarded by Federal Railroad Administration. The remaining portion will be funded by Amtrak and the state of Connecticut. Work is expected to begin in late summer/early fall 2024 with substantial completion anticipated in 2031. Tutor Perini is a 30% partner in the joint venture, and its proportionate share of the contract value will be added to the Company's backlog in the second quarter of 2024.
BIIB LLY

Hot Stocks

14:01 EDT Biogen down 2% after Eli Lilly gets FDA approval for Alzheimer's drug - Shares of Biogen (BIIB) are down $5.42, or 2%, to $226.35 in afternoon trading after Eli Lilly (LLY) announced that the Food and Drug Administration approved Kisunla for adults with early symptomatic Alzheimer's disease, or AD, which includes people with mild cognitive impairment as well as people with the mild dementia stage of AD, with confirmed amyloid pathology. "Once-monthly Kisunla is the first and only amyloid plaque-targeting therapy with evidence to support stopping therapy when amyloid plaques are removed, which can result in lower treatment costs and fewer infusions," Eli Lilly stated. In afternoon trading, Eli Lilly shares are down about 1% to $906.28.
ANVS LLY

Hot Stocks

13:50 EDT Annovis jumps over 100% after Lilly Alzheimer's approval - Shares of Annovis Bio (ANVS) continued to rally following this morning's Phase III Parkinson's disease data after Eli Lilly (LLY) announced FDA approval of its treatment for adults with early symptomatic Alzheimer's disease, Kisunla. Annovis is developing a drug for Alzheimer's disease. The stock in afternoon trading is up 103%, or $5.45, to $10.72.
LLY

Hot Stocks

13:40 EDT Eli Lilly says price of each vial of Kisunla $695.65 - Eli Lilly stated: "In the TRAILBLAZER-ALZ 2 trial, people were able to complete treatment and switch to placebo at 6, 12, or 18 months after they achieved one of the study's treatment goals, minimal levels of amyloid plaque consistent with a visually negative amyloid PET scan. In the overall population of people receiving Kisunla, 17% completed treatment at 6 months, 47% at 12 months, and 69% at 18 months based on an assessment of amyloid levels via an amyloid PET scan." In a chart of Kisunla limited-duration treatment examples, the company said the course of therapy cost for 6 months, 12 months and 18 months would be $12,522, $32,000 and $48,696, respectively.
LLY

Hot Stocks

13:38 EDT Eli Lilly's Kisunla approved by FDA for early symptomatic Alzheimer's disease - The Food and Drug Administration approved Kisunla, 350 mg/20 mL once-monthly injection for IV infusion, Eli Lilly's Alzheimer's treatment for adults with early symptomatic Alzheimer's disease, or AD, which includes people with mild cognitive impairment as well as people with the mild dementia stage of AD, with confirmed amyloid pathology. "Once-monthly Kisunla is the first and only amyloid plaque-targeting therapy with evidence to support stopping therapy when amyloid plaques are removed, which can result in lower treatment costs and fewer infusions," the company stated. "The total cost of Kisunla will vary by patient based on when they complete treatment. The FDA's dosing instructions state that prescribers can consider stopping the dosing of Kisunla based on removal of amyloid plaques to minimal levels as observed on amyloid PET imaging. The potential to complete treatment after a limited-duration course of therapy, along with 30-minute infusions once per month, could result in lower patient out-of-pocket treatment costs and fewer infusions compared to other amyloid-targeting therapies. Patients' out-of-pocket cost for treatment with Kisunla will depend on their length of treatment and their insurance. Coverage and reimbursement for Kisunla are now available for eligible patients on Medicare under a National Coverage Determination with Coverage with Evidence Development. Also, as of October 2023, broad coverage and reimbursement for amyloid PET scans are available for eligible patients on Medicare. More than 98% of eligible Medicare patients have coverage that eliminates, limits, or caps their annual out-of-pocket exposure," the company added.
ANVS

Hot Stocks

13:31 EDT Annovis Bio Inc trading resumes
ANVS

Hot Stocks

13:26 EDT Annovis Bio Inc trading halted, volatility trading pause
HMC

Hot Stocks

13:26 EDT Honda reports June U.S. sales up 1.1% to 112,742 units - American Honda reports sales up 1.1% in June to 112,742 units and year-to-date sales up 9.3% over the first 6 months of 2023. "We are pleased to see our sales momentum continue through the second quarter, with strong demand for both Honda and Acura models despite the software cyberattack impacting auto dealers nationwide. As we begin to ramp up sales of our all-electric Honda Prologue and Acura ZDX, the flexible strategy of offering fuel efficient petrol, hybrid-electric and EV models is helping us meet the needs of our customers," said Lance Woelfer, vice president of Auto Sales at American Honda Motor Co.
RDUS

Hot Stocks

13:17 EDT Radius Recycling disputes allegations in indictment, intends to defend itself - In a regulatory filing, Radius Recycling noted that on June 28, the Alameda County Criminal Grand Jury returned an indictment against the company and two operations employees alleging felony and misdemeanor environmental regulatory violations for mishandling hazardous waste, including destruction of evidence, arising from the August 2023 scrap metal fire at the company's Oakland, CA facility and the company's subsequent shredding of the burned material. "The company disputes the allegations and intends to vigorously defend itself in connection with these allegations. The company does not anticipate that the ultimate outcome of this matter will have a material adverse effect on its results of operations, financial condition, or cash flows," the filing stated. Reference Link
MMC

Hot Stocks

13:03 EDT Marsh McLennan Agency acquires AmeriStar Agency, terms not disclosed - Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of AmeriStar Agency, Inc., a Wayzata, Minnesota-based independent agency. Terms of the acquisition were not disclosed. Founded in 1987, AmeriStar provides a range of insurance coverage solutions to high net worth individuals and commercial clients. All AmeriStar employees, including President Matt Schadow, will join Marsh McLennan Agency and continue to operate out of their existing Wayzata office.
TPX

Hot Stocks

13:02 EDT Tempur Sealy 'disappointed' over FTC challenge of Mattress Firm acquisition - Tempur Sealy International issued the following statement regarding the press release issued by the U.S. Federal Trade Commission announcing that it would be challenging the proposed combination of Tempur Sealy and Mattress Firm Group. "Tempur Sealy has been working constructively with the FTC to secure regulatory approval for this transaction and is disappointed that the FTC has initiated litigation. We appreciate their efforts to understand the industry and the proposed transaction, but ultimately believe the FTC's perspective does not reflect all the relevant facts and law. The bedding industry is highly competitive, offering consumers a diverse selection of products, brands, price points, and purchasing channels. There are thousands of brick-and-mortar storefronts across the United States where consumers can purchase bedding products, only a small fraction of which are operated by Mattress Firm. Additionally, brick-and-mortar retailers and direct-to-consumer bedding brands sell millions of bedding products online each year. We continue to believe the combination of Tempur Sealy and Mattress Firm will unlock incremental benefits for all stakeholders, particularly consumers. Mattress Firm's strong retail presence complements Tempur Sealy's manufacturing capabilities, facilitating more targeted innovation, improving the customer experience, and broadening our U.S. omni-channel platform. Additionally, we expect to achieve synergies by leveraging our global scale and vertically integrated infrastructure to drive efficiencies through logistics, product lifecycle management, manufacturing optimization and sourcing initiatives. All of these factors will allow us to further execute on Tempur Sealy's mission to improve people's lives through better sleep. We manufacture one hundred percent of the mattresses we sell domestically in the United States, supporting the domestic workforce with thousands of jobs. We have discussed the transaction with the labor unions representing our employees and none have expressed opposition to the transaction. In fact, most of the unions have submitted letters of support, believing that the transaction will benefit their members and not adversely impact workers of other bedding companies that they represent. We are and have been open to appropriate commitments to address FTC concerns. Consistent with our operation of the multiple bedding retailers we have acquired in Europe, Mattress Firm will remain a multi-branded retailer, and we have already engaged with numerous Mattress Firm suppliers on post-merger supply agreements and have executed several agreements. In keeping with our multi-brand strategy, we have also offered a guaranteed slot commitment for third-party manufacturers at Mattress Firm stores. Lastly, we have been open to a divestiture of stores and supporting infrastructure. We are confident in the procompetitive rationale for this transaction and look forward to presenting the many benefits of the combination. We believe that a successful litigation process can be completed in the coming months, which would allow us to close the transaction in late 2024 or early 2025."
NSANY

Hot Stocks

12:13 EDT Nissan reports Q2 U.S. sales down 3.1% to 236,721 units - Nissan Group announced total U.S. second quarter, April through June, sales for 2024 of 236,721 units, a decrease of 3.1% versus the prior year. Reference Link
IPX

Hot Stocks

12:02 EDT IperionX, Aperam partner to advance circular titanium supply chain - IperionX and Aperam Recycling have signed an agreement for an innovative titanium processing and product manufacturing program. This partnership will demonstrate IperionX's fully circular and sustainable titanium supply chain solution, turning titanium scrap into high-performance titanium products for advanced industries. Under this partnership, IperionX will use its patented titanium technologies to upcycle up to 12 metric tons of titanium scrap produced from the consumer electronics sector to manufacture a range of high-performance titanium products. IperionX will initially upcycle 1 metric ton of titanium scrap into high-grade titanium powder and then manufacture a range of titanium near-net shapes for specific parts, as well as plate, rod and wire products.
MYTE

Hot Stocks

12:01 EDT Mytheresa falls -5.9% - Mytheresa is down -5.9%, or -30c to $4.77.
LAW

Hot Stocks

12:01 EDT CS Disco falls -10.1% - CS Disco is down -10.1%, or -59c to $5.25.
SKIL

Hot Stocks

12:01 EDT Skillsoft falls -10.9% - Skillsoft is down -10.9%, or -$1.46 to $11.99.
XPOF

Hot Stocks

12:00 EDT Xponential Fitness rises 7.4% - Xponential Fitness is up 7.4%, or $1.11 to $16.19.
SMR

Hot Stocks

12:00 EDT Nuscale Power rises 7.4% - Nuscale Power is up 7.4%, or 81c to $11.74.
EBS

Hot Stocks

12:00 EDT Emergent BioSolutions rises 15.9% - Emergent BioSolutions is up 15.9%, or $1.12 to $8.18.
EVI

Hot Stocks

11:53 EDT EVI Industries completes acquisition of Laundry Pro of Florida - EVI Industries announced that it completed the previously announced acquisition of Lakeland, Florida based Laundry Pro of Florida. Laundry Pro is the company's 27th acquisition in the commercial laundry distribution and service industry and the eleventh in the Southeast region of the United States.
TPX

Hot Stocks

11:49 EDT FTC to challenge Tempur Sealy's acquisition of Mattress Firm - The Federal Trade Commission voted unanimously to block Tempur Sealy International's proposed $4B acquisition of Mattress Firm, the FTC announced. "The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the acquisition, alleging that Tempur Sealy-the world's largest mattress supplier and manufacturer-will have the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers once it acquires Mattress Firm. The proposed vertical acquisition would merge Tempur Sealy's manufacturing and supply operations with Mattress Firm's vast retail footprint, giving the combined company enormous power at multiple parts of the mattress supply chain. Multiple deal documents show that Tempur Sealy plans to limit rivals' access to Mattress Firm's nationwide network of stores to harm competition. Competing mattress suppliers-which are predominately American manufacturers employing thousands of workers-are likely to lose access to the single most important retail channel, significantly impairing their ability compete and potentially leading competing suppliers to reduce output, close factories, and lay off workers," the FTC stated. Reference Link
FUJHY

Hot Stocks

11:46 EDT Subaru of America reports June sales up 0.1% to 55,228 vehicles - Subaru of America reported 55,228 vehicle sales for June 2024, a 0.1% increase compared with June 2023. SOA also reported year-to-date sales of 322,443, a 6% increase compared with the same period in 2023.
MSBHF

Hot Stocks

11:42 EDT Mitsubishi North America reports 1H sales up 12.3% to 51,130 vehicles - Mitsubishi Motors North America closed out the first half of 2024 with sales of 51,130, up 12.3% over the first half of 2023. This is the strongest first-half sales result for MMNA since 2021, the company said. Calendar year-to-date sales of Outlander, Mirage/Mirage G4 and Eclipse Cross were up 1.3%, 85.5% and 38.2%, respectively. MMNA Q2 sales totaled 22,727 units, down 7.6% year-over-year, however, Mirage hatchback sales more than tripled at an increase of 243.4%. Mirage G4 sales also increased 70.3% for the same period, notching a 146% increase for the Mirage lineup collectively.
TM

Hot Stocks

11:37 EDT Toyota Motor North America reports June U.S. sales down 1.2% to 193,120 vehicles - Toyota Motor North America reported U.S. June sales of 193,120 vehicles, down 1.2% on a volume and daily selling rate basis versus June 2023. June electrified vehicle sales totaled 84,781, up 64.5% on a volume basis and DSR basis, representing 43.9% of total monthly sales. TMNA second quarter U.S. sales totaled 621,549 vehicles, up 9.2% on a volume and DSR basis. Second quarter electrified vehicle sales totaled 247,347, up 63.1% on a volume and DSR basis, representing 39.8% of total sales for the period. TMNA first half U.S. sales totaled 1,186,647 vehicles, up 14.3% on a volume basis and up 12.8% on an DSR basis. First half electrified vehicle sales totaled 454,197, up 67.9% on a volume basis and up 65.7% on an DSR basis representing 38.3% of total sales for the period.
SMID

Hot Stocks

11:25 EDT Smith-Midland Corp CFO Stephanie Poe resigns - Smith-Midland Corporation announced the resignation of its CFO Stephanie Poe, effective July 17, 2024. Poe's resignation is not the result of any dispute or disagreement with the Company including any matters relating to the company's accounting practices or financial reporting. The Company will begin a search for a new CFO. In the interim, AJ Krick, the company's former CFO from 2018-2022, will, through L2G, render CFO equivalent services as a consultant to Smith-Midland.
PNC

Hot Stocks

11:22 EDT PNC Financial raises common stock dividend 5c to $1.60 per share - The board of directors of PNC Financial declared a quarterly cash dividend on the common stock of $1.60 per share, an increase of 5c per share, or 3%, from the second quarter dividend of $1.55 per share. The dividend will be payable Aug. 5 to shareholders of record at the close of business July 15. "The increase in our dividend reflects our continued financial strength and our board's confidence in our strategy and outlook," said William Demchak, PNC chairman and Chief Executive Officer.
GM

Hot Stocks

11:07 EDT General Motors reports Q2 U.S. deliveries up 0.6% y/y to 696,086 vehicles - General Motors and its dealers delivered 696,086 vehicles in the U.S., up 0.6% year-over-year, in the second quarter of 2024 and 1,290,319 vehicles in the U.S., down 0.4% year-over-year, in the first half of 2024. "We have an incredible portfolio of diverse vehicles and we're flexible, so we can win as more customers embrace EVs and we can keep winning if they want to stay with the engine technologies they know," said Marissa West, GM senior vice president and president, North America.
PCRX

Hot Stocks

10:55 EDT Pacira slides after FDA posts approval for Exparel generic - Pacira Biosciences shares are sliding this morning after the FDA website showed approval for another company's generic version of Pacira's pain medication Exparel. The copycat version of Exparel, or bupivacaine liposome, was sponsored by Hengrui, with which Pacira is involved in patent litigation. A court decision is expected later this month, Bloomberg quotes a Needham analyst as having stated. In morning trading, Pacira shares have fallen $6.38, or 22%, to $22.08. Reference Link
MZDAF

Hot Stocks

10:40 EDT Mazda reports June North America sales up 19.8% y/y to 35,696 vehicles - Year-to-date sales totaled 202,486 vehicles sold; an increase of 10.2% compared to the same time last year. With 26 selling days in June, compared to the same the year prior, the company posted an increase of 19.8% on a Daily Selling Rate basis.
NWS

Hot Stocks

10:04 EDT Dow Jones, LSEG enter multi-year data, news, analytics partnership - LSEG and Dow Jones announced a new, multi-year data, news, and analytics partnership. Trusted news from Dow Jones's globally renowned newsrooms will be available within LSEG Workspace. Premium subscribers now have access to thousands of news stories, including market scoops, exclusives, unique insights and commentary from The Wall Street Journal, Barron's, Dow Jones Newswires, WSJ Pro, WSJ Opinion, Investor's Business Daily, MarketWatch, Private Equity News and Financial News plus Dow Jones's Chinese, German and Japanese language news, all at no additional cost. Additionally, LSEG will supply Dow Jones's editorial operations with LSEG Workspace and the latest innovations in workflow and productivity tools, supporting a data-driven newsroom. Journalists will have full access to LSEG content sets including Datastream, Fundamentals & Estimates, StarMine models, Pricing and Reference data along with preeminent deals insights from SDC Platinum.
ALKT

Hot Stocks

10:02 EDT Alkami extends partnership with Mountain American Credit Union for five years - Alkami Technology announced that Mountain America Credit Union has extended its partnership with Alkami for five more years continuing to leverage the TechFin's digital banking platform and Data & Marketing Solutions.
CHWY

Hot Stocks

10:01 EDT Chewy falls -6.2% - Chewy is down -6.2%, or -$1.58 to $23.86.
ANVS

Hot Stocks

10:01 EDT Annovis Bio falls -8.5% - Annovis Bio is down -8.5%, or -45c to $4.82.
LAW

Hot Stocks

10:00 EDT CS Disco falls -8.9% - CS Disco is down -8.9%, or -52c to $5.32.
ARL

Hot Stocks

10:00 EDT American Realty Investors rises 6.9% - American Realty Investors is up 6.9%, or 97c to $14.97.
SKE

Hot Stocks

10:00 EDT Skeena Resources rises 8.8% - Skeena Resources is up 8.8%, or 45c to $5.58.
ACHR

Hot Stocks

10:00 EDT Archer Aviation rises 9.1% - Archer Aviation is up 9.1%, or 31c to $3.73.
WHLR

Hot Stocks

09:52 EDT Wheeler Real Estate Investment Trust trading resumes
WOW

Hot Stocks

09:48 EDT WideOpenWest falls -6.1% - WideOpenWest is down -6.1%, or -32c to $4.93.
PSTG

Hot Stocks

09:48 EDT Pure Storage falls -7.1% - Pure Storage is down -7.1%, or -$4.66 to $60.85.
LAW

Hot Stocks

09:47 EDT CS Disco falls -12.8% - CS Disco is down -12.8%, or -74c to $5.09.
BNED

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09:47 EDT Barnes & Noble Education rises 5.7% - Barnes & Noble Education is up 5.7%, or 35c to $6.47.
LICY

Hot Stocks

09:47 EDT Li-Cycle rises 6.2% - Li-Cycle is up 6.2%, or 31c to $5.34.
SKE

Hot Stocks

09:47 EDT Skeena Resources rises 6.2% - Skeena Resources is up 6.2%, or 32c to $5.45.
WHLR

Hot Stocks

09:42 EDT Wheeler Real Estate Investment Trust trading halted, volatility trading pause
CODX

Hot Stocks

09:35 EDT Co-Diagnostics expands vector control customer base to 25 across 15 states - Co-Diagnostics announced that use of the Company's vector control technology will expand to the 15th U.S. state following an installation in Nevada next week. Co-Dx vector control technology includes Vector Smart PCR tests used in environmental surveillance of mosquito pools for mosquito-borne illnesses like West Nile virus, Zika, dengue and chikungunya. Mosquito abatement districts and other vector control customers can use Vector Smart tests as well as other equipment sold and installed by Co-Diagnostics to receive same-day results of mosquito pool testing, allowing for quicker and more efficient prevention of disease transmission to humans and animals.
TEM

Hot Stocks

09:33 EDT CMS awards Tempus AI with ADLT status for xT CDx test - Tempus AI announced that the Centers for Medicare & Medicaid Serviceshas granted Advanced Diagnostic Laboratory Test status for Tempus' next-generation sequencing assay, xT CDx. xT CDx is the first Food and Drug Administration-approved next-generation sequencing assay to perform matched normal sequence analysis to provide tumor mutation profiling for patients with solid organ neoplasms. This CMS determination affirms that Tempus' xT CDx meets the rigorous criteria for new ADLT status, which is reserved for novel products that provide new clinical diagnostic information that cannot be obtained any other way, or products cleared or approved by the FDA. The initial ADLT rate established by CMS is $4,500. During the nine-month period beginning July 1, 2024 and ending March 31, 2025, Tempus shall be reimbursed the established ADLT rate while it collects and submits to CMS the private payor payment amounts for xT CDx. Beginning April 1, 2025, CMS will establish a new Medicare rate based on the weighted median of private payer amounts.
FCX

Hot Stocks

09:31 EDT Freeport-McMoRan cuts Q2 copper, gold sales view - Freeport announced that its Indonesian subsidiary, PT Freeport Indonesia, substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June and has commenced commissioning operations. FCX expects the smelter will begin producing copper cathodes in the coming months and continues to target full ramp up by the end of 2024 in line with previous expectations. FCX also announced that on July 2 PT-FI received approval from the Indonesian government to export copper concentrates and anode slimes through December when the full ramp-up of the new processing facilities is expected. PT-FI will continue to pay export duties on copper concentrates during the smelter ramp-up period pursuant to Indonesian regulations. PT-FI's prior concentrate and anode slime export licenses expired on May 31 and PT-FI did not export copper concentrates or anode slimes during June. As a result of the delay in obtaining PT-FI's export license, FCX expects a portion of its second-quarter 2024 production will be shipped in future periods. FCX currently expects its consolidated sales for second-quarter 2024 to be approximately 5% below April guidance of 975M pounds of copper and approximately 30% below April guidance of 500,000 ounces of gold. Consolidated unit net cash costs for second-quarter 2024, which were previously estimated at $1.57 per pound of copper, are currently estimated to approximate $1.77 per pound for the quarter, principally reflecting lower by-product credits as a result of the delay in shipments. FCX's consolidated average copper realization for the second quarter is expected to approximate $4.45 per pound. FCX is reviewing its sales guidance in connection with its routine quarterly forecast updates and does not currently expect a material change to its annual 2024 copper volume guidance. As a result of a change in mine sequencing principally to address wet conditions in certain of the Grasberg Block Cave draw points, 2024 gold sales are expected to approximate 1.8M ounces compared with previous estimates approaching 2M ounces. This change is a timing issue and not expected to affect long-range plans.
TZUP

Hot Stocks

09:23 EDT Thumzup reports 131% growth in advertisers since January - Thumzup has exceeded 420 advertisers on its proprietary AdTech platform. This signifies a 131% increase in advertisers since the beginning of the year. The Thumzup app is available on both the App Store and Google Play.
BIIB

Hot Stocks

09:21 EDT Biogen completes acquisition of Human Immunology Biosciences - Biogen has completed the acquisition of Human Immunology Biosciences, a privately-held clinical-stage biotechnology company focused on targeted therapies for patients with severe immune-mediated diseases. Felzartamab demonstrated positive interim results from the Phase 2 IgA nephropathy study and from the completed Phase 2 antibody-mediated rejection study. These data were presented at the European Renal Association Congress and also published in the New England Journal of Medicine. Felzartamab has also demonstrated proof-of-concept in a Phase 2 study in primary membranous nephropathy and there are plans to advance felzartamab to Phase 3 in AMR, IgAN, and PMN. Felzartamab is an investigational therapeutic candidate that has not yet been approved by any regulatory authority and its safety and effectiveness have not been established.
AVAV

Hot Stocks

09:19 EDT Taiwan to receive AV's Switchblade 300 loitering munition systems - The U.S. Department of State announced approval of a possible foreign military sale of AeroVironment AV Switchblade 300 loitering munition systems to Taiwan for an estimated $60.2M. The proposed sale will bolster Taiwan's defensive capabilities and supports U.S. national security and economic interests in the Indo-Pacific region...The backpackable, lightweight Switchblade 300 offers operators the flexibility to rapidly maneuver on the ground, in and out of vehicles, or within fixed defensive positions prior to launch. Real-time video, GPS coordinates, selectable warheads, and wave-off capabilities provide the operator a proven, reliable asset that can be employed in various domains. "AV looks forward to supporting the U.S. and Taiwan in rapidly fielding these highly effective weapon systems to deter aggression, defend the airspace and waters around Taiwan, and assist in maintaining political stability," continued Hush.
RVSN

Hot Stocks

09:18 EDT Rail Vision collaborating with Railway-News.com in rail industry podcast - Rail Vision announced an upcoming collaboration with Railway-News.com, a railway industry news and information portal, for hosting a monthly podcast with industry leaders called "Rail Evolution". The podcast, expected to launch in July, will cover pressing developments in the railway market, discussed by industry experts from across the globe.
RCM

Hot Stocks

09:17 EDT New Mountain Capital says fails to reach agreement with TCP-ASC for R1 RCM - In a regulatory filing on Monday, New Mountain Capital said it's no longer interested in pursuing a joint proposal with TCP-ASC. New Mountain and TCP-ASC have engaged in discussions and mutual due diligence with respect to a potential joint acquisition of the shares of the R1 RCM not owned by such parties or their affiliates, according to the 13/D filing. These discussions have not resulted in any agreement to date. New Mountain Capital, L.L.C. is open to having TowerBrook Capital Partners and Ascension Health participate in a potential transaction as equity co-investors. New Mountain disclosed that it's seeking a waiver of a standstill agreement to make a takeover proposal, which includes a $13.25 a share bid, down from New Mountain's $13.75 original draft proposal in February. Shares of R1 RCM are down 11% in premarket trading.
EDBL

Hot Stocks

09:16 EDT Edible Garden instituted comprehensive training program in New Jersey - Edible Garden has instituted a comprehensive training program in conjunction with Abilities of Northwest Jersey. Established in October 1974, Abilities of Northwest Jersey is a not-for-profit 501(c)(3) agency dedicated to providing comprehensive, community-integrated employment and day services for individuals with disabilities. Abilities offers four on-site day programs, a medical day program, transition and vocational supports, a vocational rehabilitation program, two thrift boutiques, and a screen printing and embroidery location.
STLA ACHR

Hot Stocks

09:16 EDT Stellantis invests $55M more in Archer following recent flight test - Stellantis (STLA) and Archer Aviation (ACHR) announced Archer has received an additional $55M investment from Stellantis under the companies' strategic funding agreement following the achievement of its transition flight test milestone last month. This latest investment builds on Stellantis' series of open market purchases of 8.3 million shares of Archer's stock in March of this year that was previously announced. During 2023, Stellantis invested $110M in Archer through a combination of open market stock purchases and investments under the companies' strategic funding agreement. Archer remains on track to complete construction of its high-volume manufacturing facility in Georgia later this year. This first phase of the build out is a ~350,000 square foot facility on an ~100 acre site designed to support production of up to 650 aircraft annually, which would make it one of the largest manufacturing facilities by volume in the aircraft industry. Archer's goal with this facility remains to establish a factory that can support its planned commercial ramp up by leveraging the expertise of Stellantis as its contract manufacturer. "Few things rival the excitement of seeing a dream take flight. I applaud the innovation, expertise and hard work of the engineering and manufacturing teams from Stellantis and Archer," said Carlos Tavares, Stellantis CEO. "With this additional investment in Archer, we remain on course for a future where freedom of mobility extends beyond today's roads."
STLA ACHR

Hot Stocks

09:14 EDT Stellantis invests further $55M in Archer Aviation after flight test milestone - Archer Aviation (ACHR) has received an additional $55M investment from Stellantis (STLA) under the companies' strategic funding agreement following the achievement of its transition flight test milestone last month. This latest investment builds on Stellantis' series of open market purchases of 8.3 million shares of Archer's stock in March. During 2023, Stellantis invested $110M million in Archer through a combination of open market stock purchases and investments under the companies' strategic funding agreement. Archer remains on track to complete construction of its high-volume manufacturing facility in Georgia later this year. This first phase of the build out is a ~350,000 square foot facility on an ~100 acre site designed to support production of up to 650 aircraft annually.
FOXF

Hot Stocks

09:14 EDT Fox Factory, Hennessey to produce limited run of RAM 1500 sport trucks - Hennessey has partnered with FOX FACTORY to produce a limited run of 2024 RAM 1500 sport trucks. As the last truck to feature a HEMI engine, the 5.7-liter V8 Ram 1500 Laramie is treated to a robust list of exterior modifications to enhance aesthetics and performance. The MAMMOTH 400 receives bespoke paintwork, offering customers with the choice of iconic Viper Red, Viper White, or GTS Blue, each accented by distinctive full-length twin 'Viper Stripes' - a nod to Hennessey's early roots within the Dodge SRT Viper community.
TKO

Hot Stocks

09:13 EDT TKO Group makes strategic investment in EverPass Media - EverPass Media announced it has acquired UPshow, an on-premise entertainment and performance marketing platform. In addition to the acquisition, TKO Group Holdings, parent company of UFC and WWE, has made a strategic investment in EverPass. Mark Shapiro, president and COO of TKO, has joined the board of EverPass, joining representatives from RedBird Capital and 32 Equity. As part of the integration of UPshow into EverPass, businesses will now have the option to stream NFL Sunday Ticket for the first time ever starting with the upcoming 2024 NFL season. EverPass and UPshow are currently partners for Peacock Sports Pass, a sports package offering commercial businesses access to select events from Peacock's live sports content library, including Big Ten football and basketball, Premier League and the NFL's first-ever regular-season game in Brazil.
DJT

Hot Stocks

09:13 EDT Trump Media announces over $105M in proceeds from warrant exercise - Trump Media & Technology Group announced that the cash exercise of warrants between June 20 and July 1, 2024, has resulted in more than $105 million in cumulative proceeds. Additionally, approximately $41 million of restricted cash has recently become unrestricted. As a result, the Company had more than $350 million in cash-and no debt-on its balance sheet as of July 1, 2024.
ALVO

Hot Stocks

09:11 EDT Alvotech announces results from confirmatory patient study for AVT03 - Alvotech announced positive topline results from a confirmatory patient study for AVT03, a proposed biosimilar to Prolia and Xgeva. The study met its primary endpoints. The objective of the study is to demonstrate clinical similarity of AVT03 to Prolia in terms of efficacy, safety, immunogenicity, and pharmacokinetics in postmenopausal women with osteoporosis. The results will be used to support additional indications for AVT03 as a proposed biosimilar to Xgeva, based on extrapolation. Prolia is indicated for the treatment of osteoporosis in postmenopausal women and for bone loss in adult men and women at increased risk of fracture. Xgeva, which is the same biologic in a different presentation, is indicated for prevention of skeletal-related events such as pathological fractures in adults with advanced malignancies involving bone. It is also indicated for the treatment of giant cell tumor in bone. The confirmatory patient study, AVT03-GL-C01, is a randomized, double-blind, parallel design, repeat dose, two arm, multicenter study comparing the efficacy, safety, immunogenicity, and pharmacokinetic profiles of AVT03 and Prolia in postmenopausal women with osteoporosis. Approximately 532 participants, postmenopausal women 50 years or older diagnosed with osteoporosis, were randomly assigned between the two arms. Each participant receives three doses of either AVT03 or Prolia, at six-month intervals. The study included a re-randomization in the Prolia arm, with participants receiving a third dose of either AVT03 or Prolia. The primary outcome measures were change from baseline in bone mass density and a biomarker for bone resorption. The primary endpoints were measured at 6 and 12 months, but all participants will be followed until an end of study visit after 18 months from the initial dose. The AVT03-GL-P01 study, assessed the PK, safety, and tolerability of AVT03 compared to Prolia in 209 healthy adult participants, and the AVT03-GL-P03 study assessed the PK, safety, and tolerability of AVT03 compared to Xgeva in 208 healthy adult participants. Both studies met their primary endpoints.
GRI

Hot Stocks

09:11 EDT GRI Bio's GRI-0621 shows efficacy in published pulmonary fibrosis study - GRI Bio announced the publication of positive preclinical data demonstrating its lead program GRI-0621 reduces the inflammatory and fibrotic drivers in Idiopathic Pulmonary Fibrosis - IPF -. The manuscript has been published in the American Journal of Respiratory and Critical Care Medicine. Compared to controls, mice treated with GRI-0621 showed reduced fibrosis and immunopathology. Inhibition of iNKT activity led to a decrease in fibrosis score and total lung inflammation. GRI-0621 treated mice had reduced numbers of neutrophils and lymphocytes. Levels of the pro-fibrotic factor TGF-beta were significantly decreased in GRI-0621-treated group in comparison to the untreated group. Similarly, VCAM-1 levels were also decreased in GRI-0621-treated group. IPF is a rare chronic progressive pulmonary disease with abnormal scarring of the lung blocking the movement of oxygen into the bloodstream. Currently available treatments for IPF are limited with only two approved drugs that come with significant side-effects, limited compliance and no impact on survival. GRI Bio is currently advancing its lead program GRI-0621 in a Phase 2a study for the treatment of IPF. Interim data from the Phase 2a biomarker study is expected in 3Q24 and topline results are expected in 4Q24.
UAVS

Hot Stocks

09:09 EDT Ageagle Aerial Systems completes training exhibition for Opposition Forces unit - AgEagle Aerial Systemsrecently completed a training exhibition for the Opposition Forces unit at the National Training Center at Fort Irwin, California in the Mojave Desert. Bill Irby, CEO of AgEagle, commented, "The extreme heat of the Mojave Desert presents a very challenging environment for electronic platforms to operate successfully. As expected, our eBee VISION and eBee TAC units performed with no issues over three days and were able to conduct multiple Beyond Visual Line of Sight flights on the standard antenna configuration."
ARTL

Hot Stocks

09:07 EDT Artelo Biosciences' FABP inhibitor platform featured in three presentations - Artelo Biosciences announced that three scientists each presented results from research studies demonstrating the broad therapeutic potential of Fatty Acid Binding Protein 5 - FABP5 - inhibition at the 34th Annual International Cannabinoid Research Society Symposium held June 30-July 5 in Salamanca, Spain. Myles Osborn discussed novel preclinical data showing a direct anti-tumoral effect of oral treatment with ART26.12. These data are also supportive of Artelo's planned development of ART26.12 in chemotherapy-induced peripheral neuropathy, where ART26.12 may be able to aid in treatment of the underlying cancer, in addition to the debilitating effects of painful neuropathies. Beyond development for pain and cancer, ART26.12 has also shown the potential for therapeutic activity in dermatologic conditions. FABP5 was first identified in psoriatic lesions and there is evidence to suggest that upregulation of FABP5 contributes to the pathology of psoriasis. ART26.12, Artelo's lead FABP inhibitor, is a selective inhibitor of FABP5 being developed as a novel, non-opioid, non-steroidal analgesic, with an initial clinical study planned for chemotherapy-induced peripheral neuropathy.
HOLI

Hot Stocks

09:06 EDT Hollysys announces completion of regulatory review of merger transaction - Hollysys Automation Technologies announced that it has been informed by Ascendent Capital Partners that a buyer controlled by Ascendent has obtained all the PRC approvals required to be obtained by the buyer to complete the merger transaction with the Company.
VOXR MALRY

Hot Stocks

09:06 EDT Vox Royalty provides project updates for Plutonic East, Bulong, Koolyanobbing - Vox Royalty (VOXR) provided recent developments including production and timing updates from royalty operating partners Black Cat Syndicate, Catalyst Metals and Mineral Resources (MALRY). Riaan Esterhuizen, Executive Vice President - Australia, shared: "We're excited to share that both the Plutonic East and Bulong gold royalties are expected to both be in production by Q1 2025, accelerated by a continued buoyancy in AUD gold prices. Black Cat has broken ground at the Bulong gold project this week and flagged first production for September 2024, with the royalty-linked Myhree and Boundary deposits planned to be mined and treated at the nearby Paddington facility. At the Plutonic East gold mine, Catalyst Metals has released a self-funded development restart plan and commenced dewatering of the underground workings ahead of expected first ore production in Q1 2025. These key developments highlight Vox's focus in identifying and acquiring royalties over projects on the cusp of production in some of the best mining jurisdictions globally." Key Updates: Black Cat announced that key site development activities have commenced at the Myhree Gold Project, following the recent announcement of turn-key contractor mining and third party tolling agreements, which is expected to result in royalty-linked ore being processed at the Paddington processing facility from September 2024 onwards; Catalyst announced that dewatering activities at the Plutonic East underground gold mine workings were underway and progressing ahead of schedule, ahead of anticipated first production in Q1 2025; and MinRes announced a decision to ramp down and cease operations at their Yilgarn Hub by December 31, 2024, following the conclusion of a comprehensive evaluation.
HYMTF

Hot Stocks

09:06 EDT Hyundai Motor reports June sales of 67,631 units, down 2.5% year-over-year - Hyundai Motor America reported total June sales of 67,631 units, a 2.5% decrease compared with June 2023. Hyundai set total sales records in June for Elantra HEV (+1%), Elantra N (+19%), IONIQ 5 (+17%), Santa Fe HEV (+90%), Tucson HEV (+28%) and Palisade (+57%). Hyundai's total hybrid sales were up 39% in June while Green sales represented 26% of retail. "Once again in the face of yet another industry crisis the Hyundai dealers showed their resiliency by closing Q2 with a 2.2% increase in total sales, resulting in a 1.2% increase for the first half of the year," said Randy Parker, CEO, Hyundai Motor America. "Hyundai's strong performance this quarter was driven by demand for IONIQ 5 along with Tucson and Santa Fe HEVs. Our focus remains on delivering a robust product mix and growing market share."
TTEK

Hot Stocks

09:06 EDT Tetra Tech awarded $73M USAID contract for energy acccess in West Africa - Tetra Tech announced that the U.S. Agency for International Development or USAID has awarded the company a $73M single-award contract to increase access to affordable and reliable electricity in 18 West African countries. Through the Power Africa Empower West Africa activity, Tetra Tech's energy experts will work with governments, development finance institutions, and the private sector to advance the transition to more sustainable, inclusive, and resilient energy sectors. The project includes designing and implementing national electrification programs, modernizing transmission and distribution utilities, deploying clean energy technologies, and catalyzing energy investments. This new contract continues Tetra Tech's 10-year engagement with Power Africa and will introduce digital tools like smart power meters and AI-based data analytics, e-mobility solutions such as electric vehicles and boats, and capacity-building programs to upskill local workers for renewable energy careers.
TSLA

Hot Stocks

09:04 EDT Tesla reports deliveries of 443,956 units, production of 410,831 units in Q2 - Tesla stated: "In the second quarter, we produced approximately 411,000 vehicles and delivered approximately 444,000 vehicles. We deployed 9.4 GWh of energy storage products in Q2, the highest quarterly deployment yet. Tesla will post its financial results for the second quarter of 2024 after market close on Tuesday, July 23." Reference Link
PSO

Hot Stocks

09:03 EDT Pearson appoints Dave Treat as Chief Technology Officer - Pearson announces the appointment of Dave Treat as Chief Technology Officer ... Dave will report to CEO Omar Abbosh. Working in close partnership with Pearson's Chief Product and Chief Information Officers, he will lead technology innovation and architecture across the company. This includes enhancing the company's presence in the AI and tech community, driving strategic technology partnerships, and engaging with emerging technology and ed tech start-ups.
BIG

Hot Stocks

09:03 EDT Big Lots partners with Make-A-Wish America - Big Lots announces the launch of the first-ever joint point-of-sale campaign with Make-A-Wish America as part of a new national partnership to help grant wishes to children battling critical illnesses. From July 1-31, Big Lots customers can donate at checkout, and to encourage widespread participation, Big Lots will reward every donation with a coupon for $5 off a future purchase of $15 or more.
NEXCF

Hot Stocks

09:03 EDT Nextech3D.AI onboards Wyvern Creations as customer - Nextech3D.AI announces the expansion of its 3D business into the specialty retail e-commerce sector with the onboarding of our new customer, Wyvern Creations, in business for 18 years and now the largest independent crossbow dealer in the country intends to convert all its products into 3D models.
MULN

Hot Stocks

09:03 EDT Mullen Automotive closes first sale of Mullen Commercial EV in Massachusetts - Mullen Automotive announced the first sale of its Mullen Commercial electric vehicles - EV - in Massachusetts through its new dealer partner, Eco Auto. The initial delivery will go to a Massachusetts-based company offering custom home building, home renovations and maintenance, property management and painting services. Headquartered in Tewksbury, Massachusetts, Eco Auto is a national franchise of automotive dealerships with a core focus of EVs. Earlier this month, the Mullen THREE qualified for a $15K incentive through the State of Massachusetts MOR-EV program. Massachusetts is a CARB-approved state.
BA

Hot Stocks

09:02 EDT Boeing announces Turkish Airlines ordered four 777 Freighters - Boeing and Turkish Airlines announced an order for four 777 Freighters to further strengthen the airline's position in the global air cargo market. With this order, Turkish Airlines will operate 12 777 Freighters. Turkish Airlines' purchase of additional 777 Freighters will help the carrier meet growing demand for freight services, driven by the rapid growth of e-commerce and the need for efficient and reliable transportation across the globe.
BNET

Hot Stocks

09:02 EDT Bion Environmental appoints Turk Stovall, Bob Weerts to board of directors - Bion Environmental Technologies announced the appointments of Turk Stovall and Bob Weerts to its Board of Directors. Bion previously announced that Turk Stovall would be joining Bion's Board, in addition to assuming leadership of the JV between Bion and Stovall Ranching Companies to develop a new-generation cattle feeding facility in Shepherd, Montana. Also appointed to the Board was Bob Weerts, a successful Minnesota business operator and Bion shareholder since 2020.
CLSK

Hot Stocks

09:02 EDT CleanSpark reports 445 Bitcoin mined in June - The Company achieved and exceeded its mid-year target of 20 EH/s in operational hashrate, a result of its previously announced acquisition of five new bitcoin mining sites in Georgia. The 60 MW of infrastructure from these sites include interruptible-load designated power purchase agreements with load balancing capabilities, a unique benefit for utility providers and the power grid. Mining Update: CY2024 bitcoin mined: 3,614; Total bitcoin holdings as of June 30: 6,591; Total bitcoin sold in June: 8.06; Deployed fleet: 152,505; Month-end fleet efficiency: 22.31 J/Th; Current hashrate: 20.4 EH/s
VVPR

Hot Stocks

08:47 EDT VivoPower announces completion of Kenshaw sale - VivoPower International has completed the sale of one of its non-core business units, Kenshaw Electrical, to ARA Group. This follows the announcement on April 29, that a definitive asset sale agreement had been reached with ARA with expected timing for completion of July 1. The divestment is in line with VivoPower's previously announced strategy to focus on reinvesting in its strong growth businesses including Tembo.
SQFT

Hot Stocks

08:46 EDT Presidio Property provides update on model home activity in Q2 - Presidio Property Trust announced that in second quarter of 2024, through subsidiary and affiliate entities, it acquired seven newly constructed single-family model home properties located in Texas. These seven homes were purchased for a total of approximately $3.5 million, with mortgage notes payable of approximately $2.4 million, and approximately $1.1 million in cash. They are then leased back to the homebuilders on a triple-net basis. Additionally, during the second quarter of 2024, through subsidiary and affiliate entities, we sold 15 homes for a total of approximately $8.1 million.
CRKN

Hot Stocks

08:45 EDT Crown Electrokinetics CTO Tim Koch to transition to CIO - Crown Electrokinetics announced significant changes in its leadership team to bolster its capabilities further and accelerate to product launch. Effective July 8, 2024, Tim Koch, who co-founded Crown Electrokinetics and has served as its Chief Technology Officer since 2015, will transition to the role of Chief Innovation Officer. As the new Chief Innovation Officer, Tim will focus on delivering electrokinetic film to the market and enhancing the company's product portfolio. Robert Vandal will assume the position of Chief Technology Officer starting July 8, 2024. He recently served as the Senior Director of R&D at Guardian Glass. Francois Prouhet is set to join as the Director of Business Development on July 8, 2024. In this role, Prouhet will utilize his experience to develop Crown's go-to-market strategy, establish business partnerships, and provide support for day-to-day execution. He has previously held positions at Guardian Industries and Cars.com
AREC

Hot Stocks

08:44 EDT American Resources signs methane capture, carbon credit agreement - American Resources announced that its subsidiary, McCoy Elkhorn Coal, has entered into an agreement to allow a third party to capture and process both coal bed methane and coal mine methane that is present and has been accumulating within the prior, sealed mining works within the Company's Mine #15 underground mine located in Pike County, Kentucky. This agreement is expected to generate revenues for the Company's control of existing surface rights and from certain old mine works from the Mine #15 permit. With the removal of methane from within parts of Mine #15, is also anticipated to improve the operating safety and cost structure of Mine #15 as American Carbon Corporation, the parent company of McCoy Elkhorn Coal, evaluates restarting certain metallurgical carbon operations at and around the McCoy Elkhorn mining complex.
AEGXF

Hot Stocks

08:43 EDT Aecon Utilities acquire majority interest in Xtreme for base price of $74M - Aecon Group announced that its subsidiary, Aecon Utilities Group has acquired a majority interest in Xtreme Powerline Construction, an electrical distribution utility contractor headquartered in Port Huron, Michigan for a base purchase price of approximately $73 million, with the potential for additional contingent proceeds. The Transaction is being financed through Aecon Utilities' standalone committed revolving credit facility. Xtreme management are committed to supporting Aecon Utilities' expansion in the U.S. and will retain a minority ownership in Xtreme as well as leadership responsibilities in the Xtreme business in partnership with Aecon Utilities' management team. A privately-owned company founded in 2007, Xtreme is a full-service powerline constructor with approximately 300 employees. Xtreme specializes in overhead distribution line repair, maintenance and expansion services throughout the Eastern United States, and provides emergency restoration services for over 20 utility clients across the U.S.
ARDX

Hot Stocks

08:41 EDT Ardelyx down 16% after announcing tenapanor filing update - Shares of Ardelyx are down 16% in pre-market trading at $6.38 after announcing that the company has chosen not to apply to include XPHOZAH in the Centers for Medicare & Medicaid Services End-Stage Renal DiseaseProspective Payment System Transitional Drug Add-on Payment Adjustment, or TDAPA.
CEI

Hot Stocks

08:41 EDT Camber Energy says patented technology more than doubles CO2-capture rate - Camber Energy shared the most recent announcement from ESG Clean Energy, advising that test results of the recently installed carbon-capture prototype at ESG's facility in Holyoke, MA indicate ESG's patented water removal technology enables at least twice as much carbon to be captured per pound of adsorbent. This is an industry-changing outcome as it will significantly reduce the size and cost of carbon capture systems, making them much easier and economical to implement, according to ESG. Camber's wholly-owned subsidiary has licensed the intellectual property associated with ESG's clean energy & carbon-capture system for exclusive use in Canada and for multiple locations in the U.S. "These results represent another significant milestone in the development and commercialization of our clean energy system. We were confident we would see these numbers, but it is nice to have them validated with data from an operational unit and finally see the proof in our design," said Nick Scuderi, President of ESG Clean Energy, LLC.
ATNF

Hot Stocks

08:40 EDT 180 Life Sciences granted listing compliance extension by Nasdaq - 180 Life Sciences received notice from Nasdaq that the Hearings Panel has determined to grant the company's request to continue its listing on Nasdaq subject to the company meeting certain conditions, including filing on or before July 31, a public disclosure describing the transactions undertaken by the company to achieve compliance with Nasdaq's continued listing rules and demonstrate long-term compliance with the Equity Rule and providing an indication of its equity following those transactions. The company is currently out of compliance with the Listing Rule which requires listed issuers to maintain minimum stockholders' equity of $2.5M and does not meet any of the alternative standards.
PODC

Hot Stocks

08:39 EDT PodcastOne signs multi-year deal with 'Wholeheartedly with Kendall and Galey' - PodcastOne announced the debut of its latest podcast, Wholeheartedly with Kendall and Galey. Hosted by fan favorite top fitness instructor and wellness influencer Kendall Toole and DIY home renovation expert and HBO MAX host Galey Alix, Wholeheartedly is set to debut July 17, 2024 and with weekly episodes dropping on Wednesdays.
BDRX

Hot Stocks

08:38 EDT Biodexa Pharmaceuticals' MTX110 increases survival in DMG brain cancer study - Biodexa Pharmaceuticals announced data from a Phase 1 study of MTX110 in Diffuse Midline Glioma - DMG - f/k/a Diffuse Intrinsic Pontine Glioma, or DIPG, an orphan pediatric brain cancer presented at the 21st International Symposium on Pediatric Neuro-Oncology in Philadelphia. Overall, the treatment was well tolerated by patients. There was one Grade 4 adverse event assessed by the investigators as unrelated to the drug. Most other adverse events were related to infusion and were deemed Grade 2 to 3. Although the study was not powered to reliably demonstrate efficacy, median progression free survival was 10 months and overall survival of patients in the study was 16.5 months. This compares favourably with median OS of 10.0 months. The primary endpoint of the study was to evaluate the safety and maximum tolerated dose with secondary endpoints of Progression Free Survival and Overall Survival. MTX110 is a water-soluble form of panobinostat free base that enables convection enhanced delivery at potentially chemotherapeutic doses directly to the site of the tumour. MTX110 is being evaluated clinically as a treatment for DMG and recurrent medulloblastoma and recurrent glioblastoma.
SVRE

Hot Stocks

08:38 EDT SaverOne 2014 announces order of 50 SaverOne Systems from food manufacturer - SaverOne 2014 announced a new order of 50 SaverOne Systems from the Israeli subsidiary of one of the world's top food manufacturers, for installation in their employee vehicles. This new order follows several successful trial phases and a prior order in November 2022, during which 80 employee vehicles in Israel were equipped with the SaverOne system. Feedback was reported to be very positive, noting a significant reduction in accidents among these vehicles.
VRTX

Hot Stocks

08:37 EDT Vertex Pharmaceuticals announces FDA acceptance of triple combination therapy - Vertex Pharmaceuticals announced that the FDA has accepted its new drug application, or NDA, for investigational once-daily vanzacaftor/tezacaftor/deutivacaftor triple combination therapy for people living with cystic fibrosis, or CF, ages six years and older who have at least one F508del mutation or another responsive mutation in the cystic fibrosis transmembrane conductance regulator, or CFTR, gene responsive to the vanza triple. Vertex used a priority review voucher for this submission reducing the review time from 10 months to six months, resulting in a Prescription Drug User Fee Act, or PDUFA, target action date of January 2, 2025. Vertex also received validation of its marketing authorization application, or MAA, submission by the European Medicines Agency, or EMA, in the EU for patients ages six years and older. The company has also submitted in Canada, Australia, Switzerland and the U.K.
LRHC

Hot Stocks

08:37 EDT La Rosa Holdings announces over 200 agents onboarded in June - La Rosa Holdings announced a historic achievement: onboarding over 200 agents in the month of June. The Company believes that this milestone is a testament to La Rosa Realty's continued growth, innovative approach, and commitment to excellence in the real estate industry.
SIDU

Hot Stocks

08:37 EDT Sidus Space & NASA complete primary objectives of in-space payload mission - Sidus Space announced that in partnership with NASA Stennis Space Center, the primary objectives of the NASA Autonomous Satellite Technology for Resilient Applications ASTRA payload mission were successfully met on July 1. Collaborating closely with the NASA Stennis Autonomous Systems Laboratory team, Sidus Space conducted extensive integration and communications testing of the flight unit, making a significant step forward in the development of autonomous systems for aerospace applications. "The success of this first-ever in-space mission of the NASA Stennis ASTRA payload is a historic milestone for the center and the autonomous systems team," said John Bailey, NASA Stennis Center Director. "I look forward to our continued development of autonomous systems that can support both government and industry." The ASTRA mission involves an autonomous systems hardware/software payload developed at NASA Stennis as a technology demonstrator in space aboard the Sidus Space premier satellite, LizzieSat. Sidus Space is responsible for all LizzieSat Mission Operations, including launch and satellite activation, which allowed the NASA Stennis ASTRA team to complete its primary mission objectives. Following the successful completion of ASTRA payload activation and ASTRA software remote update by the Sidus Mission Control Center team, the Sidus/NASA focus shifts to on-board data collection, demonstration of ASTRA application on-orbit capabilities, and demonstration of ASTRA automated flight following software. "Achieving ASTRA's primary mission objectives underscores our dedication and commitment to driving innovation while advancing space technology alongside NASA, our trusted partner," said Carol Craig, Founder and CEO of Sidus Space. "We are proud to support such groundbreaking projects in our industry and eagerly anticipate the continued progress of our LizzieSat -1 mission."
TELO

Hot Stocks

08:36 EDT Telomir Pharmaceuticals added to Russell 3000, Russell Microcap Indexes - Telomir Pharmaceuticals announced that the Company has been added as a member of the broad-market Russell 3000 and the Russell Microcap Indexes, effective July 1, as part of the 2024 Russell indexes reconstitution.
RIVN

Hot Stocks

08:35 EDT Rivian Automotive delivers 13,790 vehicles in Q2, backs FY24 production guidance - Rivian Automotive announced production and delivery totals for the quarter ending June 30. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period. Production and delivery results during the second quarter of 2024 were in line with Rivian's expectations. For the full year 2024, management is reaffirming guidance for annual production of 57,000 total vehicles. The company also announced that on August 6th, after market close, it will release its second quarter 2024 financial results.
PCVX

Hot Stocks

08:34 EDT Vaxcyte appoints John Furey to board of directors - Vaxcyte has appointed John Furey to its Board of Directors. He currently serves as CEO of Imvax, a clinical-stage biotechnology company developing novel immunotherapies for cancer.
CLPS

Hot Stocks

08:33 EDT CLPS Incorporation promotes COO Li to President - CLPS Incorporation announced the organizational restructuring with the appointment of Chief Operating Officer, COO, Henry Li Li, as the President of the Company, effective immediately. Li will transition from his COO role to exclusively assume the responsibilities of the President, and he will report directly to the Board of Directors.
INZY

Hot Stocks

08:33 EDT Inozyme's INZ-701 awarded Fast Track designation by FDA - Inozyme announced that the FDA has granted Fast Track designation to INZ-701 for the treatment of ABCC6 Deficiency. ABCC6 Deficiency is a progressively debilitating condition of the vasculature and soft tissue that is estimated to affect approximately 1 in 25,000 to 1 in 50,000 individuals worldwide. In April, the company announced positive topline safety and immunogenicity data from its ongoing Phase 1/2 trial of INZ-701 in adults with ABCC6 Deficiency.
BBKCF

Hot Stocks

08:33 EDT Bigg Digital Assets' Netcoins announces 50th coin contest - BIGG Digital Assets announced that Netcoins is launching a contest through its X Social Media channel that allows individuals to vote on the 50th coin to be adopted on the platform. Thus far in 2024, Netcoins has launched 7 new coins on its Canadian trading platform, focusing on trending meme coins and innovative new tokens. These coins have a combined Market Cap of over $17BN, bringing new trading volumes to Netcoins. To commemorate the 10th anniversary of Netcoins and the addition of its 50th coin to the platform, Netcoins is thrilled to invite the public and the crypto community to participate in a unique voting contest.
KD

Hot Stocks

08:32 EDT Kyndryl Holdings appoints Basile as CIO - Kyndryl announced the appointment of a new Chief Information Officer, CIO, and leadership changes in two of its major practices, Applications, Data and AI and Cloud. Kim Basile has been named Kyndryl's new CIO, succeeding Michael Bradshaw, who is assuming leadership of the company's Applications, Data and AI practice. Additionally, Nicolas Sekkaki has been named the Practice Leader for Kyndryl's Cloud practice.
CRGY

Hot Stocks

08:32 EDT Crescent & SilverBow announce expiration of Hart-Scott-Rodino Act waiting period - Crescent Energy (CRGY) and SilverBow Resources (SBOW) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the "HSR Act, in connection with Crescent's pending acquisition of SilverBow. The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction. Meetings of the stockholders of each of Crescent and SilverBow are scheduled for July 29, 2024 at 10:00 am Central Time for stockholders of record as of June 28. The details of each special meeting, including the terms of the proposed transaction, have been outlined in the joint proxy statement/prospectus, filed on June 28 with the Securities and Exchange Commission The transaction, which would create a leading mid-cap E&P with a scaled, balanced portfolio of high-quality assets in the Eagle Ford, is expected to close shortly after receiving approval from the stockholders of each of Crescent and SilverBow.
ERIC

Hot Stocks

08:29 EDT Ericsson appoints Johansson as Head of MMEA - Ericsson announces the appointment of Patrick Johansson as its new Head of Market Area Middle East & Africa, MMEA, and Senior Vice President. Johansson who is currently Head of Business Control & Operations at Ericsson's Business Area Cloud Software & Services, will replace Fadi Pharaon whose decision to leave Ericsson was announced in May 2024. Johansson will take up his new position on August 1, 2024, and be based in Riyadh, Saudi Arabia.
EBS

Hot Stocks

08:21 EDT Emergent BioSolutions awarded $250M federal contract for countermeasure products - Emergent BioSolutions has received more than $250M in contract modifications from the Administration for Strategic Preparedness and Response - ASPR - at the U.S. Department of Health and Human Services, to deliver millions of doses of four medical countermeasures. These contract modifications will help ensure continued supply/stockpiling of critical MCMs to address biological threats and emergencies against anthrax, smallpox and botulism.
MRMD

Hot Stocks

08:20 EDT Marimed announces approval of adult-use sales at Panacea Wellness Quincy - MariMed received approval of the Massachusetts Cannabis Control Commission to commence adult-use retail sales at its Quincy Panacea Wellness dispensary. Panacea Wellness Quincy is the third MariMed dispensary in Massachusetts that offers adult-use sales, which is the maximum permissible by state law. The other two adult-use dispensaries are in Beverly and Middleboro. The Company commenced adult-use sales in Quincy on July 2, 2024. The dispensary, which has been operating as a medical-only location, offers a curated selection of products from across the Company's award-winning brand portfolio. They include Nature's Heritage flower and concentrates, Betty's Eddies fruit chews, Bubby's Baked soft-baked goods, Vibations hydrating cannabis drink mixes, and the full suite of our InHouse branded products. In addition to the three Panacea Wellness locations, MariMed's branded cannabis products are distributed to over 200 dispensaries in the Massachusetts cannabis market, which, according to the MCCC, generated $1.8 billion in total cannabis sales during 2023. The Company also announced regulatory approval updates that may have a positive impact on our future operational and financial results. These include: Ohio: Receipt of a provisional dual-use license to add recreational sales to our medical dispensary in Tiffin. Upon state final inspection, MariMed expects to commence adult-use sales. Maryland: Receipt of a Certificate of Occupancy and state approval to commence operations in the newly expanded area of our cultivation facility in Hagerstown, Maryland. MariMed will begin growing in the new flower rooms immediately to meet the high demand for its Nature's Heritage flower and other branded products in that state. Also in Maryland, the pre-occupancy inspection of our second Thrive dispensary in the state is expected to occur today. The Company hopes to commence adult-use operations in this dispensary, located in Upper Marlboro, a town in Prince George's County, later this month.
LEGN

Hot Stocks

08:18 EDT Legend Biotech's carvykti improves overall survival in Phase 3 myeloma trial - Legend Biotech announced positive overall survival results from CARTITUDE-4, an ongoing, global randomized, open-label Phase 3 study evaluating the efficacy and safety of carvykti versus pomalidomide, bortezomib and dexamethasone or daratumumab, pomalidomide, and dexamethasone in adult patients with relapsed and lenalidomide-refractory multiple myeloma who received one to three prior lines of therapy. In the second interim analysis of the trial, carvykti demonstrated statistically significant and clinically meaningful improvement in overall survival. Safety results were consistent with the established safety profile of carvykti, and no new safety signals were identified. These new results will be presented at an upcoming medical meeting and shared with regulatory agencies for label updates worldwide. Data from CARTITUDE-4 supported the FDA approval of carvykti on April 5 for the treatment of adult patients with relapsed or refractory multiple myeloma who have received at least one prior line of therapy and are refractory to lenalidomide.
GBNXF

Hot Stocks

08:17 EDT Gibson Energy appoints Curtis Philippon as president, CEO - Gibson Energy appointed Curtis Philippon as the Company's new President and CEO, effective August 29, 2024. Mr. Philippon brings over 20 years' experience in the North American energy sector in increasingly senior roles, including most recently, as Executive Vice President, Superior Plus and President, Certarus. Once Mr. Philippon assumes the role, he will be meeting with key stakeholders and immersing himself in the Company's strategic priorities, to maintain the commitment to deliver value to shareholders and execute the long-term strategy.
SEV

Hot Stocks

08:16 EDT Sono Group intends to focus on solar integration technologies - Sono Group issued a letter to shareholders from George O'Leary, CEO, which read in part, "It is my pleasure to introduce myself as the new Managing Director, CEO and CFO of Sono Group. My background and diverse experience have equipped me with a unique blend of insights and expertise that I intend to apply at Sono Group. Over the last year and a half, the Company has experienced significant change. While change is inherently challenging, it is essential for our future success, as it enables us to stay ahead of trends, market dynamics and competition. One of the most recent and significant changes is the quoting of our ordinary shares on the OTCQB, which will commence today, July 2, 2024. This major milestone follows the filing of our Annual Report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on June 24, 2024. These recent events underscore our unwavering commitment to transparency and delivering value to our shareholders. The Company navigated through insolvency proceedings for the majority of 2023. The formidable commitment from our team played a pivotal role in the successful emergence from insolvency by both the Company and its wholly-owned subsidiary and operating company, Sono Motors. It was through this collective effort that we were able to close a crucial investment deal. We believe the Company now stands on solid ground with an improved balance sheet, clearly defined business plan and impressive team of over 40 professionals with significant industry experience. This core team carries forward the invaluable expertise and insights they amassed over the years and strives to bring Sono Group towards a bright and promising future. Building on the foundation of our newly established business plan, we intend to focus on what we view as the Company's most promising segment: solar integration technologies. At the forefront of these technologies is our Solar Bus Kit. This ready-to-market product, alongside our proprietary solar power electronics, such as our maximum power point tracking central unit, represents the pinnacle of our efforts to revolutionize the transportation sector. Designed for a wide range of vehicles, these technologies are not only intended to reduce energy consumption and CO2 emissions but can also offer sizable cost savings to our clients. Specifically, our Solar Bus Kit can be retrofitted to nearly any bus model and is therefore suitable for a large potential market...As the new CEO, I am committed to rectifying the hardships we have encountered by steering Sono Group towards what we expect to be a stronger, more streamlined and profitable future. This transformation is already underway and I am confident that the resolve and commitment that have carried us this far will continue to be our guiding force. Together, we will continue to strive for a future that's brighter for our planet, and brighter for our shared prosperity as shareholders of Sono Group N.V."
LCTX

Hot Stocks

08:16 EDT Lineage Cell Therapeutics added to membership of 2024 Russell 3000 Index - Lineage Cell Therapeutics announced that the company has been added as a member of the broad-market Russell 3000 Index, effective after the U.S. market opens on July 1, 2024, as part of the 2024 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, 2024, ranking them by total market capitalization. Membership in the Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000(R) Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. "We are pleased with Lineage's continued inclusion within the Russell 3000, which can help continue to expand investor awareness, increase institutional ownership, and provide additional liquidity in our stock," stated Brian M. Culley, Lineage CEO, "This recognition of our progress comes during an exciting time, and we believe that a deeper understanding of Lineage's near term and longer term strategic objectives can help increase support for our novel and exciting approach to cell transplant medicine."
BRAG

Hot Stocks

08:16 EDT Bragg Gaming launches HardRockCasino.nl in the Dutch market - Bragg Gaming has launched HardRockCasino.nl in the Dutch market, supplying its cutting-edge player account management, or PAM, software to the brand. The agreement marks Bragg's sixth PAM client in the Netherlands, reinforcing Bragg's status as the leading technology and content supplier in the Dutch market.
ANVS

Hot Stocks

08:14 EDT Annovis Bio's buntanetap shows efficacy in Phase 3 Parkinson's study - Annovis Bio announced new data from its Phase III PD study demonstrating that buntanetap is safe and effective in improving motor and non-motor activities and improving cognitive functions in patients with early Parkinson's disease. Key findings from the study include: buntanetap stops cognitive decline in all enrolled patients and improves cognition in patients with mild dementia; all treatment groups maintained baseline levels, indicating a statistically significant effect of the drug in stopping cognitive decline. Buntanetap improves motor and non-motor PD-related functions in patients with a diagnosis of over 3 years. In patients diagnosed with PD for longer than 3 years, buntanetap significantly improved scores vs. placebo and baseline. Buntanetap improves motor and non-motor PD-related functions in patients with Postural Instability and Gait Difficulty. Buntanetap maintained a consistent safety profile across all participants, with no significant differences between early and advanced PD patients confirming our previous AD data.
SLB TTE

Hot Stocks

08:14 EDT SLB & TotalEnergies in 10-Year partnership to collaborate on digital solutions - SLB (SLB) and TotalEnergies (TTE) announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, utilization, and sequestration CCUS. The companies will integrate advanced digital capabilities, including artificial intelligence with new and existing applications on SLB's extensible Delfi digital platform, adhering to the Open Group's OSDU Technical Standard. SLB and TotalEnergies will combine digital and domain expertise to accelerate the development and deployment of digital solutions at scale. The co-development will benefit TotalEnergies' global operations and SLB's worldwide customer base.
BNGO

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08:14 EDT Bionano Genomics announces presentation of OGM utility - Bionano Genomics announced its participation in the International Society for Stem Cell Research Annual Meeting 2024 with a broad range of content covering the utility of optical genome mapping for research, development, and manufacturing applications in stem cell therapy. ISSCR's annual meeting brings together industry, medical, and academic professionals to discuss advances in stem cell research and regenerative medicine. The ISSCR conference will be held July 10-13, 2024, in Hamburg, Germany. As part of a sponsored session titled "High-resolution genome integrity assessment in stem cell therapy development with optical genome mapping," three experts will discuss the critical role of OGM in assessing the genome integrity and off-target events in engineered cells, specifically within the context of stem cell research. Presentations will cover OGM's utility for monitoring genomic integrity and off-target effects in cell lines and its potential to improve the quality, safety, and overall risk profile of next-generation therapy development and manufacturing. Dr. Lucia Gallego Villarejo from Ruhr University Bochum, Dr. Jeanne Loring from Scripps Research Institute, and Dr. Alicia Bertolotti from Bionano will present in Hall G2 on Friday, July 12, 2024, at 12:00 PM CEST. Two scientific posters by Dr. Alex Hastie and Alex Chitsazan from Bionano, covering the use of OGM in cell manufacturing and bioprocessing applications, will be on display during the conference.
GMM

Hot Stocks

08:13 EDT Global Mofy Metaverse launches $69M fund with strategic partners - Global Mofy Metaverse announced that its subsidiary, Global Mofy Technology entered into a letter of intent regarding the launch of a $69 million fund with strategic partners. This fund aims to foster growth opportunities through acquisitions and investments in Global Mofy Metaverse' up and downstream companies in the rapidly expanding AI, digital economy and entertainment sectors. The new Yangzhou Hengyun Mofy Digital Equity Investment Fund will include strategic partners Yi Zheng Yangzi Culture and Tourism Holding Group and Beijing Hengyun International Private Equity Fund Management. Beijing Mofy and Yangzi will each contribute to the initial funding, collectively setting a committed capital of $69 million. As a limited partner, Global Mofy Metaverse will participate in investment voting decisions, focusing on high-quality projects that align with our company's business interests. We will also coordinate industry resources to promote the successful implementation of these investment projects. Yangzi will co-invest and be responsible for coordinating government resources. Beijing Hengyun, as the fund manager, will oversee the fund's operations and investment decisions, ensuring standardized processes through professional fund management. The fund leverages the combined strengths of private equity, Global Mofy as a publicly listed company, and government support to drive enterprise development and attract investment. This three-dimensional empowerment framework ensures robust growth and strategic advantages in the digital economy. The fund will start actively assessing investment prospects within its targeted sectors, intending to allocate initial funds in the latter half of 2024.
SNAL

Hot Stocks

08:11 EDT Snail announces participation in Steam Summer Sale event - Snail announced its participation in the Steam Summer Sale event running now until July 11, 2024. This strategic move caters to Snail's objectives to increase sales and expand its global footprint in the gaming community by leveraging the Steam platform. As part of the summer sale, Bellwright, Snail's most recently released early access title, will be on sale with a 10% discount. Snail's flagship survival franchise ARK is also seeing significant discounts on key titles such as ARK Survival Ascended, PixARK, and ARK Park.
EOSE

Hot Stocks

08:11 EDT Eos Energy announces expansion of existing project with Indian Energy - Eos Energy Enterprises announced an expansion of its existing agreement with Indian Energy, adding 25 MWh of storage to the existing 35 MWh order for an overall project size of 60 MWh to enhance grid resiliency for the Viejas Band of Kumeyaay Indians. This expansion is Eos' largest order funded by the California Energy Commission and represents a significant advancement in sustainable energy solutions within California. The Viejas Enterprise Microgrid installation will include a hybrid of the Company's Gen 2.3 systems, which have already been delivered, and the new Eos Z3 Cubes. These systems are safe, non-flammable, and do not require cooling systems, reducing both ambient noise as well as operating costs. Eos continues to scale Z3 production on its newly commissioned state-of-the-art manufacturing line in Turtle Creek, Pennsylvania, supported by its predominantly U.S. supply chain.
TOYO BWAQ

Hot Stocks

08:10 EDT TOYO announces consummation of business combination - TOYO and Blue World Acquisition Corporation (BWAQ) announced the completion of the previously announced business combination between Vietnam Sunergy Cell Company Limited, a wholly-owned subsidiary of TOYO, and Blue World. The listed company following the Business Combination is TOYO Co., Ltd. The ordinary shares of TOYO are expected to commence trading on the Nasdaq on July 2, 2024, under the ticker symbol "TOYO." The warrants of TOYO are expected to commence trading on the OTC Markets. Liang Shi, the Chief Executive Officer of Blue World, shared: "We are very pleased to announce the successful completion of the Business Combination with TOYO, an advanced solar cell manufacturer experiencing rapid growth. We believe TOYO will uphold its commitment to becoming a reliable provider of comprehensive solar solutions globally. The upcoming Nasdaq listing will serve as a catalyst, significantly enhancing TOYO's international reach by strengthening its brand with potential U.S. customers and unlocking broader access to capital."
MDAI

Hot Stocks

08:10 EDT Spectral AI achieves 100% pediatric patient enrollment for U.S. burn study - Spectral AI has achieved 100% pediatric patient enrollment at burn centers for its 2024 pivotal study designed to validate the AI-driven algorithm used by its DeepView System for its burn indication. This pivotal study is scheduled to be completed in 4Q24 and is the final clinical trial before the company seeks FDA approval of its DeepView System for burn indication in 2025. The DeepView System can be used immediately upon a child's arrival to the emergency department or burn center, providing immediate and accurate wound assessments in support of timely clinical decision-making for burn injuries.
ARQ

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08:10 EDT Arq added to Russell 3000 Index - Arq announced that the Company has been added to the broad-market Russell 3000 Index and the Russell 2000 Index, effective July 1, 2024.
ARLO ALL

Hot Stocks

08:09 EDT Arlo Technologies launches strategic partnership with Allstate - Arlo Technologies (ARLO) announced a strategic partnership agreement with Allstate. With a shared mission to deliver peace of mind to customers, Arlo and Allstate (ALL) will collaborate to offer protection solutions that bring more value to Arlo customers and Allstate policyholders. "Arlo and Allstate have a shared mission to protect what people care about the most, as well as a well-established history of driving innovation in the market that adds meaningful value for our customers," said Matthew McRae, CEO of Arlo Technologies. "We are excited to bring our teams together to make it even easier for customers to feel safe and secure through a seamless experience powered by our respective technology and service expertise."
YTRA

Hot Stocks

08:08 EDT Yatra partners with Cipla to offer exclusive domestic travel services - Yatra Online announced that it has secured the travel mandate for Cipla Limited, a leading global pharmaceutical company headquartered in Mumbai. Under this partnership, Yatra will provide tailored, end-to-end travel services to cater to the diverse needs of Cipla's employees. Key among these services is a customized self-booking tool specifically designed for domestic travel bookings, covering air travel, hotel accommodations, and cab services. Speaking on the partnership, Dhruv Shringi, CEO and Director of Yatra Online, Inc. said, "We are delighted to have been chosen as the travel partner for Cipla. This collaboration underscores our commitment to delivering exceptional travel management services tailored to the unique requirements of our clients. We consider this partnership to be a significant milestone for us, marking an exciting opportunity to extend our world-class travel management services to Cipla."
LVO

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08:08 EDT LiveOne to launch AI search and discovery engine - LiveOne announced a partnership with Seekr operating on the Intel Developer Cloud to build the industry's first AI-powered search platform for beats and sounds. The platform will be available for creators by the end of the year to aid in music creation and licensing with innovative technology. The offering will unlock limitless potential for artists and creators, solidifying LiveOne's commitment to innovation and artist support. Thanks to Seekr's multi-year collaboration with Intel, LiveOne's search and discovery platform will run on the Intel Developer Cloud.
NKLA

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08:08 EDT Nikola wholesale 72 fuel cell trucks for North American customers in Q2 - For Q2 2024,, Nikola Corporation wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks, above the high end of truck sales guidance of 60 units. For the first half of 2024, Nikola wholesaled 112 hydrogen fuel cell trucks. "We have maintained our 2024 momentum with solid wholesale numbers, new customers such as Walmart Canada, and repeat customers like 4GEN and IMC, purchasing vehicles through our dealer network," said Nikola CEO Steve Girsky. "We are firmly on the field and are continuing to secure our first-mover advantage in zero-emissions Class 8 trucks in North America, as well as with our HYLA hydrogen refueling solutions." All Nikola trucks are assembled in Coolidge, Ariz.
JFBR

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08:08 EDT Jeffs' Brands signs distribution deal in Gulf States for pest control solutions - Jeffs' Brands' wholly-owned subsidiary Fort Product entered into a non-binding Letter of Intent with a company based in the Sultanate of Oman.This LOI will serve as a base to negotiate entering into a commercial agreement with the Partner, pursuant to which Fort will, among other things, grant the Partner an exclusive license to market, resell and distribute Fort's pest control products in the Gulf States, including the United Arab Emirates, at the exception of on any Amazon marketplace in the world, whether within or outside the Gulf States.
VRSSF

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08:08 EDT Verses AI promotes James Hendrickson to COO - VERSES AI announces that James Hendrickson has been appointed Chief Operating Officer. Mr. Hendrickson formerly served as President and General Manager VERSES Enterprise.
TCNNF

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08:06 EDT Trulieve Cannabis to open dispensary in Homosassa, Florida - Trulieve Cannabis announced the opening of a new medical cannabis dispensary in Homosassa, Florida. "We are excited to open our first dispensary in Homosassa, providing medical cannabis to patients in Citrus County," said Trulieve's Chief Executive Officer Kim Rivers. "This convenient location offers patients high-quality branded products and world class customer experiences."
AAL

Hot Stocks

08:06 EDT American Airlines signs conditional purchase agreement with ZeroAvia - American Airlines has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for water vapor. In addition, American has increased its investment in ZeroAvia. American made its first investment in ZeroAvia in 2022 and has also now participated in the company's Series C financing round. The engine agreement follows the Memorandum of Understanding the companies announced in 2022. ZeroAvia is developing hydrogen-electric engines for commercial aircraft, which offer the potential for close to zero inflight emissions. The investment and conditional commitment to purchase novel engine technology contributes to American's goal to achieve net-zero greenhouse gas emissions by 2050. ZeroAvia's hydrogen-electric engines use hydrogen in fuel cells to generate electricity, which is then used to power electric motors to turn the aircraft's propellers. The only inflight emission is low-temperature water vapor.
MYNZ

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08:06 EDT Mainz Biomed provides half-year corporate update - Mainz Biomed reviewed its major accomplishments of the first six months ending June 30, 2024, and provided a corporate update. The Company expects to release its half year financial results in September 2024. Key Highlights During First Half 2024: Mainz Biomed presented industry leading results of its pooled study at ASCO 2024; which confirmed the previous ColoFuture and eAArly DETECT study performance with sensitivity for CRC of 92% and 82% for advanced adenomas, including 95.8% detection of high-grade dysplasia; the results from the pooled study represents the third consecutive confirmation of the consistently good performance of Mainz Biomed's mRNA biomarkers to detect CRC and precancerous lesions. Mainz Biomed was awarded a Poster of Distinction at Digestive Disease Week presenting data from its eAArly DETECT study, positioning the Company for its planned FDA trial; the poster presented industry leading results: 97% sensitivity for colorectal cancer, 82% for advanced precancerous lesions; the study demonstrated that within the advanced precancerous lesion patients, 100% of those patients with high grade dysplasia were detected. The Company participated in the 39th UDH Congress 2024, in Fellbach, Germany. One of the main focus topics for this year's event, organized by the German Complementary Medicine Association was the gut and its significance in the manifestation of diseases. Mainz Biomed participated and exhibited at the esteemed Gynecology Congress in Stuttgart, Germany. This engagement signifies the Company's commitment to advancing colorectal cancer screening through their innovative diagnostic solution ColoAlert and highlights the pivotal role of gynecologists in the early detection of this prevalent disease. The Company continues to make strong progress in the development of strategic partners to assist in the Mainz Biomed's efforts to achieve pre-market approval from the FDA and in its go-to-market strategy in the U.S. Mainz Biomed partnered with Trusted Health Advisors to support its U.S. go-to-market strategy for the next generation early colorectal cancer diagnostic test; Jay Wohlgemuth, former Chief Medical & Scientific Officer of Quest Diagnostics and Dr. Ray Tabibiazar, a seasoned industry executive, are leading the collaboration. The Company formed a strategic partnership with TomaLab, a premier biotechnology laboratory based in Milan, to launch the Company's flagship product, ColoAlert in Italy. The partnership signifies a major step forward in enhancing colorectal cancer screening and diagnostics within the Italian healthcare system as it enables the implementation of ColoAlert into Italy's robust healthcare framework, providing patients with access to a cutting-edge diagnostic solution that combines convenience with clinical excellence.
MSCI

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08:06 EDT MSCI appoints Alvise Munari Chief Product Officer - MSCI announced that Alvise Munari, MSCI's current Chief Client Officer, has been appointed Chief Product Officer. Mr. Munari will now be responsible for leading product development and innovation, applying his deep insights into MSCI's global client base. He will continue to drive strong collaboration between MSCI's product teams and the firm's client coverage, marketing, research, technology, and data teams to develop and deliver innovative solutions to meet investors' complex and unique needs for differentiated tools and insights to power their investment strategies. Mr. Munari has transformed the MSCI global client coverage team through a relentless focus on understanding clients' needs and delivering holistic solutions, leading to record growth and client retention across regions, segments, and products. He has 20 years of prior financial industry experience, including in product innovation leadership roles at Goldman Sachs, Merrill Lynch, and Morgan Stanley. Mr. Munari will continue to report to Baer Pettit, President and Chief Operating Officer at MSCI.
NXPL OPK

Hot Stocks

08:06 EDT NextPlat expands e-commerce program in China - NextPlat Corp (NXPL) announced that it has expanded its e-commerce development program in China through a new agreement with a leading Chinese healthcare and nutritional products marketing and distribution services partner. The Marketing Partner will provide NextPlat with a full range of creative content, brand marketing and product sales and distribution services and support the Company's exclusive joint e-commerce development agreement with OPKO Health Europe, a subsidiary of OPKO Health (OPK). "Our unique e-commerce development program was created to provide American companies with turn-key online sales, marketing and distribution access into the large Chinese consumer market without requiring the significant international infrastructure investments typically required. Through the addition of well-established marketing specialists in China, we believe we can provide our clients with a greater array of value-added services which can help drive product awareness and revenue," said Charles Fernandez, Executive Chairman and CEO of NextPlat.
ALK

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08:04 EDT Alaska Airlines launches routes to La Paz, Monterrey from Los Angeles - Alaska Airlines announces an expansion of its international network with two new Mexico destinations starting this winter. The company will soon start flying between Los Angeles and breathtaking La Paz, as the only U.S. carrier serving the coastal Mexican destination. The company will also become the only U.S. airline to offer daily nonstop flights between Los Angeles and the bustling city of Monterrey when we begin service in February.
OPTT

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08:03 EDT Ocean Power partners with Unique Group in Middle East - Ocean Power has partnered with Unique Group, a subsea technologies and engineering company headquartered in the UAE offering products and services to customers in a range of industry sectors. Unique Group and OPT will collaborate to deploy OPT's existing WAM-V Unmanned Surface Vehicles in the UAE and other countries in the Gulf Collaboration Council region.
HRTX

Hot Stocks

08:03 EDT Heron Therapeutics announces acceptance of PAS application for ZYNRELE - Heron Therapeutics announced that the FDA acknowledged the receipt of the Company's Prior Approval Supplement, PAS, application for ZYNRELE extended-release solution VAN. The FDA has assigned a PDUFA goal date of September 23, 2024. If approved, the introduction of the VAN will replace the current vented vial spike and has the potential to simplify aseptic preparation, while also significantly reducing ZYNRELEF's withdrawal time from up to three minutes down to between twenty and forty-five seconds. The user-friendly "container-like" design of the VAN may enhance the safe use of ZYNRELEF, increase adoption, and improve the preparation process. If approved, the VAN is expected to be available for use in the fourth quarter of this year.
LUCD PAVM

Hot Stocks

08:02 EDT Lucid Diagnostics announces data from ESOGUARD BE-1 study of EsoGuard - Lucid Diagnostics (LUCD), a majority-owned subsidiary of PAVmed (PAVM), announced positive data from its ESOGUARD BE-1 prospective, international, multicenter, single-arm study conducted to clinically validate performance of the EsoGuard Esophageal DNA test on samples collected with the EsoCheck Esophageal Cell Collection Device for detection of esophageal precancer and esophageal adenocarcinoma in a screening population. This is the second clinical validation study in a screening population following previously announced positive data from the Cleveland VA screening study, which was recently accepted for peer-reviewed publication. The BE1 manuscript reports EsoGuard performance in 93 subjects who met criteria for esophageal precancer screening based on American College of Gastroenterology guidelines. Of these 93 subjects contributing to the primary endpoint analysis, eight had BE without dysplasia, for a disease prevalence of 8.6%. No subjects with EAC were identified. EsoGuard sensitivity for BE was 87.5%, specificity was 81.2%, positive predictive value was 30.4%, and negative predictive value was 98.6%.
PSNY

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07:56 EDT Polestar completes staff reductions - Polestar announced that its staff reductions were completed, resulting in 15% fewer positions, in addition to 10% reduction in 2023.
UPXI

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07:46 EDT Upexi to file Form 10-Q on July 8 - Upexi intends to file its form 10-Q for the period ended March 31, 2024 on Monday, July 8, 2024. The Company is not able to file this week due to its auditor's office closure during the first week of July.
MRNA

Hot Stocks

07:44 EDT Moderna receives project award through BARDA's RRPV consortium - Moderna announced a project award of $176 million through the Rapid Response Partnership Vehicle to accelerate the development of mRNA-based pandemic influenza vaccines. The RRPV is a Consortium funded by the Biomedical Advanced Research and Development Authority, part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services. The project award will support late-stage development for an mRNA-based vaccine to enable the licensure of a pre-pandemic vaccine against H5 influenza virus. This subtype of influenza virus causes a highly infectious, severe disease in birds called avian influenza and poses a risk for spillover into the human population. The agreement also includes additional options to prepare and accelerate aresponse to future public health threats.
DFLI

Hot Stocks

07:43 EDT Dragonfly collaborates with Jeremy Renner, John Lennon Educational Tour Bus - Dragonfly Energy Holdings spearheaded a collaboration that brought together innovation, music and the imagination of youth to write, record and premiere an original song and music video. Imagine: A Musical Collaboration with Jeremy Renner, is the result of two days of songwriting, recording, production, and filming and premiered at Artown, a 31-day celebration held annually in Reno, Nevada, and the largest arts and culture festival in the western U.S. The project was hosted by Dragonfly Energy, which supports the John Lennon Educational Tour Bus as they move toward sustainability by providing the nontoxic lithium Battle Born Batteries that power the mobile recording studio.
PROBF

Hot Stocks

07:41 EDT Probe Gold appoints Marc Duchanne as VP, exploration - Probe Gold announced the appointment of Marc Ducharme as Vice President of Exploration, effective immediately. Marc Ducharme is an exploration geologist with over 35 years of experience in geology, mineral, and mining exploration. He has extensive experience in the Abitibi region of Quebec, as well as experience in Ontario and on international project
CME

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07:39 EDT CME Group reports June ADV of 25.3M contracts, Q2 ADV of 26M contracts - CME Group reported its June and Q2 2024 market statistics, showing average daily volume reached a record 25.3 million contracts for the month of June and a record 26 million contracts for Q2. Additional June 2024 product highlights compared to last year include: Interest Rate ADV increased 11%; Energy ADV increased 13%; Agricultural ADV increased 1%; Metals ADV increased 23%; International ADV increased 19% to 8.1 million contracts, with EMEA ADV up 27% to 5.8 million contracts. Additional Q2 2024 product highlights compared to last year include: Interest Rate ADV of 12.9 million contracts, an increase of 14%; Energy ADV of 2.4 million contracts, an increase of 16%; Record Agricultural ADV of 1,877,465 contracts; Metals ADV of 869,000 contracts, an increase of 42%; and Record International ADV of 8.1 million contracts, including record EMEA ADV of 6.2 million contracts
MARIF

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07:37 EDT Marimaca Copper announces channel sample results from Mercedes Satellite target - Marimaca Copper announced results from channel sampling completed at the Mercedes target, located approximately 400m-1,000m north of the Marimaca Oxide Deposit. Chip sampling in 2m intervals was completed along new access road development which is currently being constructed in advance of planned exploration drilling in H2 2024. The new sampling results expand the Mercedes area of interest eastward from the original discovery drilling in 2021, now extending approximately 700m x 500m x 100m depth as indicated in the 2021 discovery drilling. Based on the results of this work, the Company will proceed with plans to execute a follow-up drilling program at the expanded Mercedes AOI commencing in the second half of 2024. Results from the Mercedes sampling compare favourably to the original discovery channel sampling completed at the MOD. Mercedes has similar geological characteristics to the MOD and may represent the northern extension of the same IOCG-system. Mercedes, like the MOD, is hosted in Jurassic intrusive stock and dyke-swarm rock types with mineralization controlled by a major NE sheeted structural system and associated fracture networks, cross-cut by a later series of WNW faults and dykes. Geological surface mapping at Mercedes has also confirmed the presence of NNE trending dacitic dykes, which have an important relationship with the highest grades of mineralization at the MOD. Copper mineralization identified at Mercedes is dominated by green oxides, chrysocolla and wad. Previously completed high-resolution MagDrone surveying at Mercedes demonstrates an anomaly similar in dimension and intensity to the MOD magnetic-inversion model, which coincides with the anomalous geochemical background sampling. While not expected to be incorporated into the Company's ongoing Definitive Feasibility Study, the work completed at Mercedes continues to demonstrate opportunity for future oxide mine life extensions at the MOD. Next steps for Mercedes will be considered following the planned 2024 drilling program. Highlights" Samples were taken in 2m intervals across the newly developed road infrastructure: Highlights from the channel sampling results at Mercedes include: 168m @ 0.26% CuT including: 36m at 0.44% CuT within a broader zone of 80m at 0.28% CuT; and 24m at 0.48% CuT within a broader zone of 46m at 0.39% CuT. 122m @ 0.20% CuT including: 32m at 0.36% CuT within a broader zone of 56m at 0.27% CuT; and 24m at 0.25% CuT within a broader zone of 44m at 0.20% CuT. 12m at 0.50% CuT within a broader zone of 34m at 0.24% CuT. Sampling direction is not considered optimal relative to the structural controls of mineralization given sampling was limited to the direction of new road development, which runs predominantly semi-parallel to the NE trending structures. Drilling program will focus on testing directions near-perpendicular to key structures. Results compare favourably to the original discovery channel sampling at the MOD - which intersected 150m at 0.36% CuT
STRM

Hot Stocks

07:36 EDT Streamline Health wins eValuator contract with 750-bed academic medical center - Streamline Health has signed a new contract for the use of eValuator with a 750-bed, Epic-EHR based medical center in Texas. eValuator was TX-RAMP certified, enabling Streamline to pursue business with all Texas state funded health systems.
BDRBF SPR

Hot Stocks

07:34 EDT Bombardier 'remains actively engaged' with Spirit under existing contracts - The company said, "Bombardier (BDRBF) expects its supply contracts to be maintained to the highest standards of quality and performance. The company remains actively engaged with Spirit (SPR) as part of ordinary course of business under existing contracts."
CGTX

Hot Stocks

07:34 EDT Cognition Therapeutics' Phase 2 study of CT1812 in Alzheimer's accepted at AAIC - Cognition Therapeutics announced that abstracts summarizing clinical efficacy, safety and biomarker findings from the Phase 2 COG0201 "SHINE" study of CT1812 have been accepted for poster presentation at the upcoming Alzheimer's Association's International Conference in Philadelphia July 28-August 1. The company will also host a booth in the Exhibit Hall during the conference where more information about the company's Alzheimer's disease program and lead candidate CT1812 will be available. The SHINE study is a Phase 2 clinical trial designed to enroll approximately 144 patients with mild-to-moderate Alzheimer's disease. Endpoints include safety, cognitive function, and biomarker evidence of disease modification.
MRMD

Hot Stocks

07:33 EDT Marimed closes acquisition of second Maryland dispensary - MariMed announced the closing of its acquisition of the operating assets of Our Community Wellness & Compassionate Care Center in Prince George's County, Maryland on April 5th. Just prior to closing, MariMed paid the state's adult-use conversion fee and subsequently received an adult-use license to sell retail cannabis products from the Maryland Cannabis Administration. The acquired dispensary has been closed since July 1st, 2023. The Company expects to reopen the dispensary and begin adult-use retail sales by the end of the second quarter, upon regulatory approvals. This marks MariMed's second adult-use Thrive Wellness dispensary in Maryland that the company owns and will be located at 9520 Marlboro Pike in Upper Marlboro, Maryland. MariMed also owns and operates a Thrive Wellness dispensary in Annapolis and a cultivation and processing facility in Hagerstown. MariMed plans to continue seeking additional dispensary acquisitions to achieve the maximum of four allowed in the state.
JNJ

Hot Stocks

07:33 EDT Johnson & Johnson announces results from Phase 3 CARTITUDE-4 study - Johnson & Johnson announced positive results from a prespecified second interim analysis of the Phase 3 CARTITUDE-4 study evaluating CARVYKTI compared to standard therapies of pomalidomide, bortezomib and dexamethasone or daratumumab, pomalidomide and dexamethasone for the treatment of patients with relapsed or lenalidomide-refractory multiple myeloma after one prior line of therapy. The interim analysis showed a statistically significant and clinically meaningful improvement in overall survival for patients treated with CARVYKTI versus standard therapies. Safety data were consistent with the approved label.
VTRS

Hot Stocks

07:32 EDT Division of U.S. DOJ no longer considers Mylan subject of investigation - Viatris announced that the Antitrust Division of the U.S. Department of Justice, DOJ, has advised that it no longer considers Mylan, and its former President, Rajiv Malik, a subject of its antitrust investigation in the generic drug industry. The Civil Division of the DOJ has also informed the Company that it does not expect to take any further actions in connection with a civil investigative demand related to the pricing and sales of generic drug products. This outcome affirms the Company's longstanding position, which it has consistently maintained and asserted, for many years, that Mylan investigated these allegations thoroughly and found no evidence of wrongdoing on the part of Mylan or its employees.
CBWTF

Hot Stocks

07:31 EDT Auxly Cannabis announces voting results from general meeting of shareholders - Auxly Cannabis Group announced the voting results from its annual general and special meeting of shareholders held on June 28, 2024. A total of 407,827,269 common shares of the Company, representing 32.55% of the issued and outstanding common shares of the Company, were voted in connection with the Meeting by shareholders and proxy holders. All of the matters put forward before the Company's shareholders for consideration and approval, as set out in the Company's information circular dated May 23, 2024, were approved by the requisite majority of the votes cast at the Meeting. The results are set out below.
OI

Hot Stocks

07:17 EDT O-I Glass to invest $150M in Alloa, UK plant in next two years - O-I Glass plans a major transformation of its Alloa, UK manufacturing plant into an even more technologically advanced facility with an expected significant reduction in CO2 emissions. Over the next two years, the company plans to invest approximately $150 million in a series of upgrades to the site. The transformation includes a rebuild of one of its existing furnaces, featuring state-of-the art technology and improved sustainability performance through several planned measures including gas-oxy combustion and increased levels of renewable energy and recycled glass. In addition, O-I has begun to build an all-new furnace featuring the same technological advancements. This furnace will increase long-term flexibility to serve the company's customers, support their growth plans in the Spirits segment, and strengthen their own sustainability efforts. These investments are consistent with O-I's recently updated sustainability roadmap, which is aligned with the company's previously announced capital spending plan, as well as with expected market demand. The company expects both furnaces to come online in 2025 when these measures will gradually and significantly reduce the plant's emissions and provide another building block of the company's strategy to reduce CO2 emissions 25% by 2030. To fuel the gas-oxy furnaces, O-I is partnering with a supplier to establish an oxygen farm adjacent to the Alloa plant. Bringing more new investment into the area, this state-of-the art facility will separate air into oxygen, nitrogen and argon, and is set to also serve the needs of hospitals and other local manufacturing companies.
BRKR

Hot Stocks

07:15 EDT Bruker installs 1.2 GHz NMR at FMPin Berlin - Bruker announces the successful installation of a 1.2 GHz NMR spectrometer at the Leibniz Forschungsinstitut fur Molekulare Pharmakologie FMP in Berlin, accepted in the second quarter of 2024. This ultra-high field NMR system positions FMP among leading institutions worldwide with access to 1.2 GHz NMR, enabling breakthrough biomolecular research..Dr. Falko Busse, President of Bruker BioSpin, added: "Bruker is privileged to partner with the Leibniz Forschungsinstitut fur Molekulare Pharmakologie FMP, providing GHz-class NMR to their scientists. This can further accelerate the groundbreaking research in molecular pharmacology by FMP researchers and we are honored to contribute to such invaluable work and look forward to the scientific and medical discoveries that FMP's research will bring to society."
GILT

Hot Stocks

07:13 EDT Gilat Satellite awarded over $9M for DoD critical connectivity support - Gilat Satellite's wholly owned US-based subsidiary, DataPath received over $9M in orders in support of the US Department of Defense and other agencies worldwide participating in Field Service and Technical Service Programs. DataPath is deploying technical services and field services in Europe, the Middle East, and the United States to support U.S. Defense end users' critical connectivity requirements. These orders include both contract extensions and new contracts from various partners and agencies.
AYASF

Hot Stocks

07:13 EDT Aya Gold & Silver announces drill results from program at Zgounder Silver Mine - Aya Gold & Silver announced high-grade silver drill results from its at-depth drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco. Highlights: In the Central Zone from the 1,950m level: hole DZG-SF-24-065 intercepted 2,870 grams per tonne silver over 6.5 meters, including 7,229 g/t Ag over 2.0m; hole DZG-SF-24-057 intercepted 1,252 g/t Ag over 4.0m;; hole DZG-SF-24-070 intercepted 896 g/t Ag over 6.0m, including 3,820 g/t Ag over 1.0m. In the Western Zone from the 2,000m level: hole DZG-SF-24-027 intercepted 7,631 g/t Ag over 1.5m; hole DZG-SF-24-056 intercepted 625 g/t Ag over 14.0m, including 2,677 g/t Ag over 2.0m; hole DZG-SF-24-060 intercepted 2,005 g/t Ag over 3.0m; hole DZG-SF-24-064 intercepted 403 g/t Ag over 12.5m; hole DZG-SF-24-067 intercepted 935 g/t Ag over 8.5m, including 4,440 g/t Ag over 1.5m. In the Eastern Zone from the 1,950m level: hole DZG-SF-24-082 intercepted 656 g/t Ag over 12.0m, including 928 g/t Ag over 6.0m. Exploration holes near the granite contact: ZG-SF-24-123 intercepted 5,696 g/t Ag over 2.5m; ZG-SF-24-110 intercepted 523 g/t Ag over 13.0m including 4,638 g/t Ag over 1.0m; ZG-SF-24-142 intercepted 522 g/t Ag over 14.5m including 1,356 g/t Ag over 4.5m; 15,200m of the 2024 underground exploration program drilled year to date. "Today's high-grade drill results including hole DZG-SF-24-065 continue to confirm high-grade continuity of silver mineralization at Zgounder," said Benoit La Salle, President & CEO. "These silver-rich intercepts near the granite contact indicate strong resource potential at depth. We currently have four underground rigs turning and will deliver additional results in the coming months."
LASE

Hot Stocks

07:12 EDT Laser Photonics announces larger facility, launch of customer training imminent - Laser Photonics announces it is expanding into a new 50,000-square-foot facility in Lake Mary, Florida. The expansion corresponds with LPC's growing presence throughout North America and beyond. The facility will allow LPC to continue increasing its research and development efforts and will better equip the company to streamline quality control and logistics. The added workspace will also house Laser Photonics' growing sales team as it continues to actively seek out new talents in this department..."We are excited about this move as it gives us ample space to expand our operations," said Wayne Tupuola, CEO of Laser Photonics. "Our Maitland facility will continue its normal R&D operations at increased capacity, while the new Lake Mary location will house our growing customer experience, sales and marketing teams, and the new training center. Stay tuned in to our announcements to stay up to date on when facilities are officially opened."
NDAQ

Hot Stocks

07:11 EDT Nasdaq reports 66 IPOs in 1H24 - Nasdaq announced that in the first half of 2024, it welcomed 66 initial public offerings - IPOs -, raising a total of $8.7B. A total of 53 operating companies and 13 SPACs listed on Nasdaq during the first six months of 2024, representing a 71% win rate of Nasdaq-eligible operating company IPOs in the U.S. market. Additionally, Nasdaq featured 7 switches in the first half of 2024, totaling $9.6B in market cap- including the largest exchange transfer on a U.S. exchange year-to-date with Science Applications International Corp, or SAIC. Approximately 30 international companies chose to list on Nasdaq in the first half of 2024, making up nearly 50% of total IPOs year-to-date, along with 7 dual listings.
PYR

Hot Stocks

07:10 EDT PyroGenesis provides responses to investor questions - PyroGenesis Canada provided additional information in response to investor questions submitted in advance of or in response to the Company's annual general meeting of June 27, 2024. Mr. P. Peter Pascali, President and CEO of PyroGenesis, provides responses to investor questions posed at the recent annual general: Question 1: What is the status of the 5 tonne order of titanium metal powder, announced in May 2023, that the Company said was expected to be produced and delivered to the American advanced materials company during 2023? This has not shown up in revenue numbers of the Company's earnings releases; did the project get cancelled? Answer 1: As background, the Company announced its first by-the-tonne commercial order of titanium metal powder produced by its NexGen plasma atomization system, on May 30, 2023. The project did not get cancelled and is very much underway. The titanium powder is being delivered on a different schedule than originally anticipated. The powder is being successfully produced and delivered on an ongoing basis. Question 2: What is the status of the Plasma Resource Recovery System project that was mentioned in the Q1 2024 MD&A Outlook as having a potential contract value of $25-$30 million with a "mid term 3-6 months" possibility? Answer 2: For background, the Company stated as part of the Outlook - Business Line Developments in the Q1 2024 MD&A, that it is in early-stage discussions for the sale of a large waste-to-energy system, called a Plasma Resource Recovery System, to transform municipal solid waste into both energy and chemical products. PyroGenesis' PRRS system is designed to process MSW, industrial waste, and hazardous waste, transforming such into commercially valuable products. These products include gaseous fuel for electricity and heat generation, slag, aggregates suitable for construction, and recoverable metals for recycling. The potential value for this contract was originally defined as between $25 - $30 million. Since publication of the Q1 report, this project has evolved and expanded considerably, and is now being negotiated with a total contract value of between $115 - $160 million. Question 3: At a previous AGM, you were given authorization to change the name of the Company. What is the status of that? Answer 3: This change is in the final phase and an announcement should be upcoming.
KRMD

Hot Stocks

07:09 EDT Koru Medical gets Japan regulatory clearance for FreedomEdge - Koru Medical announced that its state-of-the-art FreedomEdge System has received regulatory clearance in Japan for the delivery of multiple drugs, including CSL Behring's Hizentra subcutaneous immunoglobulin SCIg , Takeda Pharmaceutical's Cuvitru SCIg, and Sobi's Aspaveli paroxysmal nocturnal hemoglobinuria PNH. The regulatory milestone marks a significant advancement in patient care in Japan, providing patients and healthcare providers with access to cutting-edge treatment options for Subcutaneous Immunoglobulin therapy SCIg and Paroxysmal Nocturnal Hemoglobinuria PNH. The FreedomEdge System, known for its reliability, precision, and patient-friendly design, offers convenient and efficient administration of large-volume subcutaneous therapies at home and in the clinic. "We are very pleased to have received regulatory clearance for the FreedomEdge System in Japan," said Linda Tharby, President and CEO of KORU Medical. "This accomplishment underscores our commitment to advancing healthcare solutions that enhance patients' lives worldwide and further strengthens KORU's expansion into international markets. With the approval of the FreedomEdge System in Japan, we are proud to broaden access to critical therapies, empowering patients and healthcare providers with a reliable and user-friendly drug delivery platform." The FreedomEdge System is designed to meet the diverse needs of patients and healthcare professionals, offering customizable features for personalized treatment experiences. Its compact and portable design allows for flexibility in treatment administration, enabling patients to manage their therapy effectively in various settings.
CTSO

Hot Stocks

07:08 EDT CytoSorbents secures $20M credit facility - CytoSorbents Corporation announced that on June 28, 2024, the Company entered into a new $20 million credit facility with Avenue Capital Group, including its Avenue Venture Opportunities Fund, L.P. and Avenue Venture Opportunities Fund II, L.P. Armentum Partners, LLC served as financial advisor to the Company on the transaction. Proceeds from the facility are intended to provide non-dilutive working capital to support the Company's ongoing global CytoSorb franchise in critical care and cardiac surgery that generated $32.2 million in trailing 12-month sales as of March 31, 2024, planned marketing applications to U.S. Food and Drug Administration and Health Canada for DrugSorb-ATR and initial launch and commercialization preparations if approved, and refinancing of existing Bridge Bank debt. The credit agreement, which has an initial term of three years, provides up to $20 million in total term loan capital including an initial tranche of $15 million, with immediate availability of $10 million and an additional $5 million with the timely acceptance by U.S. FDA of the Company's planned De Novo application for DrugSorb-ATR and certain liquidity requirements. A second tranche of $5 million would be available in the second half of 2025 with FDA marketing clearance for DrugSorb-ATM to help support an anticipated launch of the therapy in the United States.
TGLS

Hot Stocks

07:08 EDT Tecnoglass achieves carbon neutrality for 2022 and 2023 - Tecnoglass achieved carbon neutrality for years 2022 and 2023. In 2023, Tecnoglass had previously declared its goal to become a carbon-neutral company, supported by investments in energy efficiency, through projects such as upgrading generators and implementing cogeneration systems. To offset its carbon footprint, Tecnoglass offset Scope 1 and 2 emissions for 2022 and 2023 by acquiring carbon credits issued by two projects located in Colombia, certified through the Cercarbono program. Tecnoglass remains committed to its goal of becoming a net-zero emissions company by 2050.
WGO

Hot Stocks

07:08 EDT Winnebago's Chris-Craft introduces Sportster 25 - Chris-Craft announced its newest innovation, the Sportster 25. The brand's latest design combines a modern flair with classic Chris-Craft styling and is competitively priced, starting at $149,950. The Sportster 25 boasts a spacious interior with abundant seating and includes plenty of storage. On-plane comfort is supported by a new hull design and thoughtful interior ergonomics. The latest in marine technology enhances the on-board experience for passengers with numerous features and options available to meet a range of tastes and lifestyles.
XTRAF

Hot Stocks

07:07 EDT Xtract One's SmartGateway completes operational test, evaluation by Safe Skies - Xtract One announced that its SmartGateway system has completed an operational test and evaluation by National Safe Skies Alliance at Oakland International Airport. Xtract One completed this testing to verify SmartGateway's capabilities as a potential security solution for airport operations. Evaluated at Oakland International Airport-which welcomed over 11 million passengers through its gates in 2023-SmartGateway revolutionizes facility security by replacing intimidating, traditional metal detectors with fast, reliable, and seamless screening solutions. Leveraging AI-powered sensors, SmartGateway discreetly and accurately scans people for weapons and prohibited items upon entry, without invading their sense of privacy and comfort. This advanced technology reduces time spent in security lines and expedites the travel process through allowing for quick, safe entry.
SYTA

Hot Stocks

07:07 EDT Siyata Mobile announces strategic investment in Canadian Towers & Fiber Optics - Siyata Mobile announces that it has committed to an investment in Canadian Towers & Fiber Optics, a Canadian based company that develops, constructs and owns telecommunications infrastructure in the flourishing telecommunication market in Mexico. Siyata CEO, Marc Seelenfreund, commented, "Our investment in CT&FO provides us with an entree into Latin America through an established and fast-growing telecommunications partner. Through this partnership, we will have the opportunity to collaborate with a leading cell tower company to develop new business opportunities for our PTT handsets in Central Mexico and across Latin America as CT&FO further expands its business. Latin America represents a massive market opportunity for PTT devices, and we are excited to leverage CT&FO's leading industry position to further advance our sales efforts."
PSNY

Hot Stocks

07:06 EDT Polestar expects uptick in deliveries through second half - The company said, "Sales momentum seen in the second quarter had a positive impact on inventory levels and cash flow. Polestar remains confident of an even stronger uptick in deliveries through the second half of the year, as sales of the two premium SUVs build. Though the business has increasing momentum, there are short-term impacts from the introduction of import duties, alongside continued pricing pressure in global EV markets, including China. In light of these factors and to meet its target of cash-flow breakeven towards the end of 2025, Polestar is adapting its business plan, including implementing additional mitigating actions, and expects to provide updated guidance later in the year."
OWL

Hot Stocks

07:06 EDT Blue Owl Capital completes acquisition of Kuvare Asset Management - Blue Owl Capital announced the completion of its acquisition of Kuvare Insurance Services. The transaction was previously announced in April 2024. KAM is a boutique investment management firm with approximately $20 billion of assets under management as of May 31, 2024. KAM is focused on providing asset management services to the insurance industry, including Kuvare UK Holdings. Blue Owl's acquisition of KAM enhances its ability to serve the insurance market at scale and marks the official launch of Blue Owl Insurance Solutions.
VERI

Hot Stocks

07:05 EDT Veritone in content licensing agreement with Tennis Australia, no terms - Veritone announced a content licensing agreement with Tennis Australia, the governing body of tennis in Australia and host of the prestigious Australian Open, one of the sport's four annual Grand Slam tournaments. The agreement enables Veritone to license archival match footage from the Australian Open to content buyers in North America. Veritone's extensive customer base in advertising, documentary, editorial, arts and entertainment can now curate, source and license diverse tennis media through a single, streamlined platform. "We are excited to partner with Veritone to help drive the value of our archival media licensing business in North America," said John Garcia, Head of Media Business Development, Tennis Australia. "We trust Veritone's deep heritage in managing Grand Slam tennis rights and are excited to enable licensees in North America with greater access to the Australian Open archive."...The Australian Open 2024 was a record-breaking event, reaching over 2.17 billion people globally.
BCRX

Hot Stocks

07:05 EDT BioCryst reports inducement grants under Nasdaq listing rule - BioCryst Pharmaceuticals announced that the compensation committee of BioCryst's board of directors granted five newly-hired employees stock options to purchase an aggregate of 46,850 shares, and restricted stock units covering an aggregate of 19,435 shares, of BioCryst common stock. The options and RSUs were granted as of June 28, 2024, as inducements material to each employee entering into employment with BioCryst. The options and RSUs were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $6.18 per share, which is equal to the closing price of BioCryst common stock on the grant date. The options and RSUs vest in four equal annual installments beginning on the one-year anniversary of the grant date, in each case subject to the new employee's continued service with the company. Each stock option has a 10-year term. The options and RSUs are subject to the terms and conditions of BioCryst's Inducement Equity Incentive Plan and a stock option agreement or restricted stock unit agreement, as applicable, covering the grant.
GIB

Hot Stocks

07:05 EDT CGI's Sunflower now available on U.S. DOT's shared services marketplace - CGI Federal, CGI, the wholly-owned U.S. operating subsidiary of CGI, announced that Sunflower, its cloud-based, software-as-a-service asset management platform is now available as an offering on the U.S. Department of Treasury's, DOT, shared services marketplace. The marketplace - the Financial Management Quality Service Management Office - acts as a centralized broker of commercial and federal solutions across government agencies for technology support and solutions for core financial systems, financial management services and solutions, and Treasury-centralized services.
PSNY

Hot Stocks

07:05 EDT Polestar reports Q2 deliveries of 13,000 cars, up 80% - Polestar reported its preliminary unaudited financial and operational results for the three months ended March 31 and reports its global deliveries for the second quarter of 2024. Polestar delivered approximately 13,000 cars in the second quarter, a growth of 80% compared to the previous quarter. This takes global deliveries for the first six months of the year to 20,200 with USA, Sweden, Norway and Germany delivering momentum.
ANIP

Hot Stocks

07:04 EDT ANI Pharmaceuticals' Naproxen Delayed-Release Tablets approved by FDA - ANI Pharmaceuticals received FDA approval for the Abbreviated New Drug Application - ANDA - and launched Naproxen Delayed-Release Tablets, USP. ANI's Naproxen Delayed-Release Tablets is the generic version of the reference listed drug EC-Naprosyn. U.S. annual sales for Naproxen Delayed-Release Tablets total approximately $36.7M.
MEG

Hot Stocks

07:04 EDT Montrose Environmental releases 2023 Sustainability Report Executive Summary - Montrose Environmental Group released its 2023 Sustainability Report Executive Summary highlighting key accomplishments in the Company's sustainability journey and celebrating innovations creating impact across the globe. The Executive Summary celebrates the Company's 2023 accomplishments including: Submitting near-term GHG reduction targets for validation by the Science-Based Target Initiative; Establishing two new Employee Resource Groups; and Expanding the Company's cybersecurity team and completing over 4,700 hours of cybersecurity training across the organization.
ARDX

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07:04 EDT Ardelyx chooses not to file for TDAPA for XPHOZAH - Ardelyx announced that, in an effort to preserve patient access to its phosphate absorption inhibitor XPHOZAH, the Company has chosen not to apply to include XPHOZAH in the Centers for Medicare & Medicaid Services End-Stage Renal Disease Prospective Payment System Transitional Drug Add-on Payment Adjustment. Ardelyx's analysis of the CMS policy to include oral-only medicines in the PPS and the Calendar Year 2025 ESRD PPS Proposed Rule released on June 27, 2024, revealed that the policy and the manner in which CMS intends to implement it are likely to cause significant restrictions on the use of XPHOZAH for all patients, irrespective of insurance coverage, because it interferes with the essential and appropriate shared decision-making between healthcare professionals and their patients.
CKPT

Hot Stocks

07:03 EDT Checkpoint Therapeutics resubmits BLA for cosibelimab in carcinoma - Checkpoint Therapeutics has completed the resubmission of its Biologics License Application - BLA - to the FDA for cosibelimab, its anti-programmed death ligand-1 antibody, as a potential new treatment for patients with metastatic or locally advanced cutaneous squamous cell carcinoma who are not candidates for curative surgery or curative radiation. The BLA resubmission follows Checkpoint recently reaching alignment with the FDA on its BLA resubmission strategy to potentially address all approvability deficiencies outlined in the complete response letter received last December, in which FDA only cited findings that arose during a multi-sponsor inspection of Checkpoint's third-party contract manufacturing organization as approvability issues to address in a BLA resubmission. The CRL did not state any concerns about the clinical data package, safety, or labeling for the approvability of cosibelimab.
EVGN

Hot Stocks

07:03 EDT Evogene's Lavie Bio announces commercial expansion of Yalos - Lavie Bio, a subsidiary of Evogene, announces the commercial expansion of its bio-inoculant product, Yalos, to winter wheat, following successful trials. This expansion effectively doubles the potential market for Yalos compared to markets in which Lavie Bio already operates. Winter wheat growers across the US will have access to Yalos for the upcoming 2024-2025 season. During the successful field trials, Yalos has demonstrated enhanced early vigor, biomass, root and shoot development, nutrient availability, and feed quality in winter wheat. Yalos aims to reduce crop abandonment rates and increase farm productivity through advanced biological technologies. In addition, Lavie Bio is expecting to expand Yalos into other key crops, such as soybean and canola, with ongoing field trials in North America and an expected commercial launch in 2025.
GRMN

Hot Stocks

07:02 EDT Garmin selected as exclusive marine electronics, audio supplier to IBBI - Garmin announced it was selected as the exclusive marine electronics and audio supplier for Independent Boat Builders, IBBI, the industry's largest purchasing cooperative. Beginning model year 2025, this agreement gives IBBI member-owners direct access to Garmin's full line of marine electronics and audio solutions, including JL Audio, Fusion and Clarion Marine, through 2029. Comprised of a 15-owner network of leading boat brands, IBBI members collectively build more than 25% of all boats sold in the U.S.
BENF

Hot Stocks

07:02 EDT Beneficient announces termination of SEC investigation - Beneficient announced the Securities and Exchange Commission has issued termination letters to the Company and its founder, Chairman and CEO, Mr. Brad Heppner, advising that the SEC has concluded the investigation and does not intend to recommend an enforcement action by the SEC under the previously issued Wells Notices. As a result, the Company requires additional time to update its Annual Report on Form 10-K for the fiscal year ended March 31, 2024 and complete its procedures related to the updated information prior to filing the Annual Report. Additionally, the Company's earnings webcast and earnings release for its fourth quarter and Fiscal 2024 previously scheduled for July 2, 2024 at 8:30 a.m. Eastern Daylight Time has been postponed. The Company will make an announcement to provide the date and time of the earnings webcast and earnings release as soon as practicable.
CYN

Hot Stocks

07:01 EDT Cyngn to proceed with 1-for-100 reverse stock split - Cyngn announced that it will proceed with a 1-for-100 reverse stock split of its outstanding shares of Common Stock following approval by its Board of Directors. This ratio is within the ratio range approved by stockholders at the Company's annual stockholder meeting held on June 25, 2024. The Reverse Stock Split is expected to become effective at 5 p.m., Eastern Time, on July 3, 2024. Cyngn expects the Company's Common Stock will begin trading on a post-split basis at the market open on July 5, 2024, under the symbol "CYN" with the new CUSIP number 23257B 206. The primary objective of the Reverse Stock Split is to increase the per share market price of the Common Stock to regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
EQBK

Hot Stocks

07:00 EDT Equity Bancshares completes merger with KansasLand Bancshares - Equity Bancshares announced the completed acquisition of KansasLand Bancshares, the parent company of KansasLand Bank. With this acquisition, Equity has added to its existing presence in Quinter, Kansas and expanded into Americus, Kansas. KansasLand's locations open as Equity Bank on July 2. The Company expects to consolidate the core and digital banking systems late in the third quarter. Equity announced the merger with KansasLand 71 days ago on April 22, 2024. Equity has approximately $5.3 billion in proforma consolidated assets and operates 74 locations in Kansas, Missouri, Arkansas, and Oklahoma. Equity's Kansas franchise now includes 37 banks. The combination with KansasLand brings Equity's total strategic transactions to 23 since the Company's founding in 2002, including 11 whole-bank acquisitions since the Company's initial public offering in 2015.
FERG

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06:50 EDT Ferguson announces cancellation, replacement of UK listing - As previously announced, to effect a new corporate structure to domicile the Ferguson plc group's ultimate parent company in the United States, Ferguson entered into a merger agreement, dated as of February 29, 2024, by and among the Company, Ferguson Enterprises Inc., a newly incorporated corporation under the laws of Delaware, and Ferguson 2 Limited, a newly formed Jersey incorporated private limited company and direct, wholly owned subsidiary of New TopCo. The Merger Agreement provides for the merger of Merger Sub with and into the Company, with the Company surviving the Merger as a direct, wholly owned subsidiary of New TopCo and Merger Sub ceasing to exist, on the terms and subject to the conditions of the Merger Agreement. At the extraordinary general meeting on May 30, 2024, shareholders of the Company voted to approve the implementation of the Merger with 99.56% of votes cast in favour. Following receipt of such shareholder approval, and subject to the satisfaction of any outstanding conditions precedent listed in the Merger Agreement, it is anticipated that the Merger and the other transactions contemplated by the Merger Agreement will be consummated on August 1, 2024. Subject to the consummation of the Merger and the implementation date of the Proposed Reforms, with effect from 3:00 a.m. Eastern Time / 8:00 a.m. UK Time on the Effective Date, it is currently anticipated that: the Company's listing on the standard segment of the Official List of the Financial Conduct Authority and its admission to trading on the London Stock Exchange plc's Main Market for listed securities will be cancelled; and New TopCo's common stock will be admitted to the standard segment of the Official List and to trading on the LSE. The Company notes the proposed reforms to the Listing Rules as outlined in FCA consultation paper CP23/31. The FCA has confirmed to the Company that: if the Proposed Reforms are implemented in their current form after the Effective Date, New TopCo will be admitted to the standard segment of the Official List on the Effective Date, and upon the subsequent implementation of the Proposed Reforms, New TopCo will be mapped onto to the new "equity shares" segment of the Official List; and if the Proposed Reforms are implemented in their current form on or before the Effective Date, New TopCo will be admitted to the "equity shares" segment of the Official List on the Effective Date. The Company will notify shareholders once it is clear which Official List listing segment it will be admitted to on the Effective Date. In addition, subject to the consummation of the Merger, it is anticipated that on the Effective Date, the Company's ordinary shares will cease trading on the New York Stock Exchange and New TopCo's common stock will commence trading on the NYSE. On completion of the Merger, New TopCo's common stock is expected to trade on the NYSE and the LSE under the symbol "FERG", the same symbol that currently attaches to the Company's ordinary shares.
SHEL

Hot Stocks

06:40 EDT Shell to temporarily pause on-site construction of European biofuels facility - Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tonnes a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness given current market conditions, the company announced. As a result, contractor numbers will reduce on site and activity will slow down, helping to control costs and optimise project sequencing. "Temporarily pausing on-site construction now will allow us to assess the most commercial way forward for the project. We are committed to our target of achieving net-zero emissions by 2050, with low-carbon fuels as a key part of Shell's strategy to help us and our customers profitably decarbonise. And we will continue to use shareholder capital in a measured and disciplined way, delivering more value with less emissions," said Huibert Vigeveno, Shell's Downstream, Renewables and Energy Solutions Director.
RNAC

Hot Stocks

06:36 EDT Cartesian says first patient dosed in Phase 2 trial of Descartes-08 in SLE - Cartesian Therapeutics announced that the first patient has been dosed in its Phase 2 open-label clinical trial evaluating Descartes-08 in patients with systematic lupus erythematosus. Descartes-08, Cartesian's lead mRNA cell therapy candidate and a potential first-in-class mRNA-engineered chimeric antigen receptor T-cell therapy is an autologous mRNA CAR-T product candidate targeting B-cell maturation antigen. In contrast to conventional DNA-based CAR-T cell therapies, mRNA CAR-T administration is designed not to require preconditioning chemotherapy and is not expected to carry the risk of genomic integration associated with cancerous transformation. Descartes-08 has previously been administered in patients in a Phase 2 clinical trial for the treatment of myasthenia gravis. To date, the safety profile from the MG trial supports outpatient administration with minimal observation. The Phase 2 open-label trial, which is expected to enroll up to 30 adult patients, is designed to evaluate the safety and tolerability of outpatient administration of Descartes-08 without preconditioning chemotherapy for the treatment of patients with moderate or severe SLE refractory to immunosuppressant therapy. Secondary outcome measures will assess overall disease activity.
RNAC

Hot Stocks

06:35 EDT Cartesian Therapeutics announces updated Phase 2a open-label trial results - Cartesian today also announced updated results from two patients enrolled in the Phase 2a open-label portion of the trial. Both retreated patients experienced rapid improvement in clinical scores and maintained minimal symptom expression for up to one year after receiving a second treatment cycle. The time course and magnitude of treatment response upon retreatment were similar to those seen when the patients were first treated. Four of the seven patients from the Phase 2a portion of the trial maintained clinically meaningful responses for at least one year following initial dosing. The Company previously announced long-term follow up data from the Phase 2a trial in which Descartes-08 was administered in an outpatient setting without preconditioning chemotherapy. Durable depletion of autoantibodies and clinically meaningful improvements in MG severity scores were observed at the one-year follow-up period. The data were subsequently featured during an oral session at the American Society of Gene and Cell Therapy 27th Annual Meeting in May 2024.
RNAC

Hot Stocks

06:34 EDT Cartesian Therapeutics says Phase 2b trial of Descartes-08 met primary endpoint - Cartesian Therapeutics announced topline results from its Phase 2b trial of Descartes-08 in patients with generalized myasthenia gravis. Descartes-08, Cartesian's lead product candidate, is an autologous mRNA-engineered chimeric antigen receptor T-cell therapy directed against the B cell maturation antigen. It is designed to be administered as an outpatient treatment without the need for lymphodepleting chemotherapy required to achieve activity with conventional CAR-T cell therapies. Descartes-08 was previously granted Regenerative Medicine Advanced Therapy Designation and Orphan Drug Designation by the U.S. Food and Drug Administration for the treatment of MG. In the Phase 2b double-blind, placebo-controlled, crossover trial, a total of 36 heavily pre-treated, highly symptomatic patients with MG were randomized 1:1 to receive either Descartes-08 or placebo administered as six weekly outpatient infusions without preconditioning chemotherapy. At the conclusion of the trial's Month 3 blinded follow-up assessment, patients receiving placebo were eligible to cross over to Descartes-08 treatment. The primary efficacy endpoint assessed the proportion of patients with a reduction of five points or more in the MG Composite score, a 10-item, 60-point weighted instrument composed of selected components of other validated scales to measure MG severity and impact. Whereas a reduction of three points or more is generally regarded as clinically meaningful, the more stringent endpoint of five points was selected based on clinical responses observed in an earlier study with Descartes-08 in MG. Secondary endpoints assessed safety and tolerability and other validated MG severity scales, including Activities of Daily Living, Quantitative MG, and MG Quality of Life Revised Scale. The pre-specified primary efficacy dataset consisted of a modified intent-to-treat population of all subjects enrolled at academic medical centers who received at least one dose of Descartes-08 or placebo and completed at least one post-baseline MGC score follow-up assessment. The safety dataset comprised all subjects who received at least one dose of Descartes-08 or placebo. The trial achieved its primary endpoint with statistical significance in the pre-specified mITT efficacy population, with 71% of patients treated with Descartes-08 observed to have 5-point or greater improvements in MGC score at Month 3 compared to 25% of patients treated with placebo. In addition, the trial also achieved its primary endpoint with statistical significance in the per-protocol population, with 69% of patients treated with Descartes-08 observed to have 5-point or greater improvements in MGC score at Month 3 compared to 33% of patients treated with placebo. Consistent with previously reported results from the Phase 2a open-label portion of the trial, Descartes-08 responders experienced deep improvements across the MG severity scales at Month 3. The improvements seen at Month 3 persisted or further improved in patients evaluated at their Month 4 and Month 6 follow-up visits, as of the June 19, 2024 data cutoff date. Descartes-08 continues to demonstrate a favorable safety profile supporting outpatient administration without the need for lymphodepleting chemotherapy. Consistent with findings from the Phase 2a open-label portion of the trial, Descartes-08 was observed to be well tolerated, and adverse events were transient and mostly mild. Notably, there were no cases of cytokine release syndrome, and no cases of immune effector cell-associated neurotoxicity syndrome.
MSM

Hot Stocks

06:33 EDT MSC Industrial sees FY24 tax rate 24%-24.5% - Sees FY24 adjusted operating margin 10.5%-10.7%. Gershwind concluded, "Looking forward, as our corrective actions take hold, we will remain steadfast in our approach to unlocking the value creation potential of MSC. We are doing this by leaning into the core pillars of our Mission Critical initiatives - Maintaining Momentum, Reenergizing the Core Customer, and Optimizing Cost to Serve. While results to date in fiscal 2024 are not up to our standards, we are confident we have the talent and strategy in place to achieve our long-term goals and create meaningful value for all stakeholders."
KALV

Hot Stocks

06:31 EDT KalVista reports inducement grants under Nasdaq listing rule - KalVista Pharmaceuticals announced that the compensation committee of KalVista's board of directors granted twelve newly-hired employees inducement options to purchase an aggregate of 84,000 shares of KalVista common stock on July 1, 2024 as inducements material to each employee entering into employment with KalVista. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $11.89 per share, which was equal to the closing price of KalVista common stock on the grant date. One-fourth of the options vest on the one-year anniversary of the vesting commencement date and the remainder vest in equal monthly installments over the next three years, in each case subject to the new employee's continued service with the company. Each stock option has a 10-year term and is subject to the terms and conditions of KalVista's Inducement Equity Incentive Plan and a stock option agreement covering the grant.
HTHT

Hot Stocks

06:16 EDT H World Group director Shangzhi Zhang to step down, Jie Zheng named director - H World Group announced that Mr. Shangzhi Zhang will step down as a director of the board of directors of the Company and serve as an observer of the Board, effective from July 2, 2024, and Ms. Jie Zheng, a senior advisor of the Company and a supervisory board member of Steigenberger Hotels GmbH, a subsidiary of the Company, will serve as an executive director of the Board, effective from the same date
DGHI BTC

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06:09 EDT Digihost reports June cash and crypto position up 18% vs. May - Digihost (DGHI) provided unaudited comparative Bitcoin (BTC) production results for June 2024, combined with an operations update. The company held cash, BTC and cash deposits of approximately $7.1M as of June 30, 2024 vs. $6.0M as of May 31, an increase of approximately 18% over the previous month. Miners at the company's facilities produced approximately 45 BTC during June. The company is integrating 11,000 S21 miners into its facilities, translating to approximately 44MW of shared revenues. The deployment of these miners will be completed in phases, with an expected hash rate increase of 1.2 EH/s, to a targeted total of 3.2 EH/s, by the end of Q3 2024. The company spent approximately $0.4M on capital expenditures, mining infrastructure support equipment, and deposits. The company has continued to monetize a portion of its BTC production to fully fund its energy costs. Digihost's consolidated operating capacity across its three sites represents approximately 90MW of available power and is mining at hashrate of 2 EH/s.
SSTI

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06:08 EDT SoundThinking announces open letter of support for ShotSpotter technology - SoundThinking announced the publication of an open public letter of support for ShotSpotter technology prepared in coordination with SoundThinking and signed by top law enforcement officials from 11 Massachusetts communities and a SoundThinking director. This letter addresses recent misinformation about ShotSpotter acoustic gunshot detection technology contained in a May 14, 2024 letter from Senators Ed Markey, Elizabeth Warren, Ron Wyden, and Representative Ayanna Pressley to the U.S. Department of Homeland Security Inspector General. The letter to the Congressional delegation states: "We believe you have been misinformed and this formed the basis of your May 14 letter - a letter that draws misleading and, frankly, dangerous conclusions that compromise public safety...Let us be clear: ShotSpotter is effective, accurate, and welcomed in our communities, and has the proven capability to save lives and help us effectively respond to gun violence...We respectfully submit that the best judges of the efficacy, fairness, and value of ShotSpotter are not distant elected officials in Washington, but, rather, those of us on the ground locally, including our fellow civic and community leaders who live daily with the threat of gun violence and who rightfully welcome the use of this technology to help keep their neighborhoods safe."
IMRN

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06:06 EDT Immuron requests pre-IND meeting for IMM-529 - Immuron has filed a pre-IND application with the United States Food and Drug Administration for IMM-529 The increased incidence of antibiotic resistant 'superbugs' has amplified the use of broad-spectrum antibiotics worldwide. An unintended consequence of antimicrobial treatment is disruption of the gastrointestinal microbiota, resulting in susceptibility to opportunistic pathogens, such as Clostridioides difficile. Paradoxically, treatment of Clostridioides difficile infection also involves antibiotic use, and the heavy reliance on antibiotics to control C. diff does not allow for the gut flora to regenerate and predisposes the patient to relapsing CDI. C. diff is currently the most common pathogen in healthcare-associated infections and was deemed an urgent threat in the Center for Disease Control and Prevention's report on antibiotic resistance threats in the United States CDI affects over 400,000 people in the US on a yearly basis, contributing to over 30,000 deaths in the US alone annually. This serious health threat has led to an urgent call for the development of new therapeutics to reduce or replace the use of antibiotics to treat bacterial infections. To address this need, Immuron is developing IMM-529 as an adjunctive therapy in combination with standard of care antibiotics for the prevention and/or treatment of recurrent CDI. IMM-529 antibodies targeting C. diff may help to clear CDI infection and promote a quicker re-establishment of normal gut flora, providing an attractive oral preventative for recurrent CDI. Immuron is collaborating with Dr. Dena Lyras and her team at Monash University, Australia to develop vaccines to produce bovine colostrum-derived antibodies. Dairy cows were immunised to generate hyperimmune bovine colostrum that contains antibodies targeting three essential C. diff virulence components. IMM-529 targets Toxin B, the spores and the surface layer proteins of the vegetative cells. This unique 3-target approach has yielded promising results in pre-clinical infection and relapse models, including Prevention of primary disease; Protection of disease recurrence and Treatment of primary disease. Importantly IMM-529 antibodies cross-react with whole cell lysates of many different human strains of C. diff including hypervirulent strains.
BEEM

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06:06 EDT Beam Global reports Q2 purchase orders up 128% year-over-year - Beam Global announced record Q2 new orders of $10.6M, up 128% year-over-year. Beam Global expanded government contracts with new and repeat orders from state agencies in California, Massachusetts, Nevada and North Carolina and from 15 local government entities. The company's U.S. commercial business continued to grow with Q2 commercial orders up 66% year-over-year. In Europe, Beam Global shipped its first EV ARC systems to Cyprus for the UK Ministry of Defence, a milestone since the company's entrance into the European market. Additional Q2 company highlights include: over half of Q2 EV ARC orders are new customers, expanding the customer baseless than new customer deployments included 16 non-Federal customers; new orders from U.S. commercial business in Q2 increase 66% year-over-year; over half of Q2 EV ARC orders are multi-unit orders; won new custom industrial battery design for major multinational conglomerate.
SLNA

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06:02 EDT Selina Hospitality launches 'Work Everywhere' Campaign - Selina Hospitality champions the digital nomad lifestyle encouraging locals and travelers to "Work Everywhere". Selina announces the launch of its "Work Everywhere" campaign. Running through the month of July, this initiative aims to spotlight Selina's CoWork spaces, designed to empower remote workers and digital nomads worldwide. We invite both locals and travelers to discover how our unique amenities and stunning locations can transform the way you work
TLNE

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06:02 EDT Talen Energy to repurchase 2.4M shares at $116 per share - Talen Energy announced that the company has executed an agreement to complete the repurchase of approximately 2.4M shares of its outstanding common stock from affiliates of Rubric Capital Management LP at a purchase price of $116.00 per share, for an aggregate purchase price of approximately $280M. The transaction is expected to close in the next several days. This repurchase is part of the company's previously announced $1B share repurchase program, which had approximately $388M of remaining capacity after the conclusion of the company's $612M equity tender offer.
NTRS

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05:15 EDT Northern Trust appointed by Valverde to provide custody, fund administration - Northern Trust announced that it has been appointed by Valverde Investment Partners to provide custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company, or VCC, fund, along with its sub-fund, ASEAN+ Fund, or VAPF. Valverde is a newly established, Singapore-based, independent investment management firm specializing in ASEAN equities. The VCC launch and its sub-fund, Valverde ASEAN+ Fund, or VAPF, represent Valverde's goal of achieving long-term absolute returns, primarily composed of public traded equities within ASEAN companies.
IDCC...

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05:08 EDT InterDigital signs new license agreement with Google - InterDigital (IDCC) announced it has signed a new license agreement with Google (GOOGL). The agreement licenses a range of devices including Pixel smartphones, Fitbit wearables and other consumer electronics devices to InterDigital's cellular wireless, Wi-Fi, and HEVC video patented technologies.