Stockwinners Market Radar for August 15, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

MGNI

Hot Stocks

21:25 EDT TargetSmart enters exclusive partnership with Magnite - TargetSmar announced an exclusive partnership with Magnite, the largest independent sell-side advertising company. This collaboration, supported by Magnite's integration with Snowflake AI Data Cloud for Media, enables Democratic campaigns, agencies, and causes to immediately activate campaigns using TargetSmart data across Magnite's expansive CTV footprint on any demand side platform.
JNJ

Hot Stocks

20:31 EDT South Carolina jury awards $63.4M to Johnson & Johnson asbestos victim - The company states: "A South Carolina jury has sided with a cancer patient who sued pharmaceutical giant Johnson & Johnson saying use of the company's iconic Baby Powder caused his lung cancer. Jurors awarded Michael Perry and his family $32.6 million in compensatory damages and another $30.7 million in punitive damages. Along with Johnson & Johnson, the jury also found co-defendant American International Industries negligent and liable in the case. Mr. Perry was diagnosed with mesothelioma, a terminal cancer exclusively caused by exposure to asbestos, in July 2023. He used the company's powder every day because he was allergic to deodorants."
TPC PSN

Hot Stocks

20:29 EDT Tutor Perini awarded $1.66B Honolulu transportation contract - Tutor Perini (TPC) "announced that it has been awarded a contract valued at approximately $1.66B by the Honolulu Authority for Rapid Transportation for the City Center Guideway and Stations Project in Honolulu, Hawaii. The contract is expected to be executed in mid-September. The project scope of work includes the design and construction of six rail stations and approximately three miles of elevated rail guideway beginning just east of the existing Middle Street Transit Center Station and ending at the Civic Center Station, which will be located just east of downtown Honolulu. Project design will begin immediately after contract execution, while construction is estimated to start in the second half of 2025 with substantial completion expected in 2030. Parsons Corporation (PSN) will serve as Tutor Perini's design subcontractor. The contract value will be added to the Company's backlog in the third quarter of 2024."
LOT

Hot Stocks

20:24 EDT Lotus Technology provides driving solutions for Lynk's first all-electric sedan - Lotus Technology announced that its intelligent driving arm, Lotus Robotics, has provided intelligent driving solutions to Lynk&Co, a global leading automaker with operations across Europe and Asia. This collaboration marks a significant milestone in the commercialization of the Company's advanced technology capabilities.
RXRX

Hot Stocks

20:21 EDT Cathie Wood's ARK Investment bought 457K shares of Recursion Pharmaceuticals
OCTO

Hot Stocks

19:50 EDT Eightco Holdings Inc trading halted, news pending
MSFT

Hot Stocks

18:52 EDT Bethesda to release mobile game 'The Elder Scrolls: Castles' on September 10 - Microsoft's Bethesda announced that mobile game "The Elder Scrolls: Castles" will launch globally on September 10. "We hope you all enjoy this game as much as we've enjoyed working on it," the company said. Reference Link
DVA

Hot Stocks

18:07 EDT DaVita exec Waters sells 7,857 common shares - In a regulatory filing, DaVita chief legal and public affairs officer Kathleen Alyce Waters disclosed the sale of 7,857 common shares of the company on August 13 at a price of $146.2093 per share.
BSM

Hot Stocks

17:54 EDT Black Stone Minerals director buys $500K in common stock - In a regulatory filing, Black Stone Minerals disclosed that its director Mark Dewalch bought 34.3K shares of common stock on August 15th in a total transaction size of $500K.
LUV

Hot Stocks

17:54 EDT Southwest shareholder Artisan Partners issues statement on board candidates - Southwest shareholder Artisan Partners, whose discretionary investment management clients collectively hold more than 10.8 million shares of Southwest, or roughly 1.8% of the company's outstanding shares, issued a statement regarding director candidates for the Board of Southwest Airlines. Highlights include: "We have reviewed the biographies of the director nominees proposed by Elliott Investment...We believe the Elliott nominees would bring a wealth of experience to the Southwest board. These nominees would add several capabilities the board is currently lacking, including a number of independent directors with former airline executive experience from across a range of business models and geographies. The current Southwest board is simply not a credible alternative to this slate of directors...The current board has overseen a management team that has delivered continually deteriorating financial performance over the short, medium and long term...We urge the board to work with Elliott to immediately bring on all or substantially all of the proposed nominees who can then chart a new course with a new Chairman and CEO. If it will not, we will vote for the Elliott nominees should an extraordinary shareholder meeting be called..."
NVT

Hot Stocks

17:47 EDT nVent Electric director buys $497K in common stock - In a regulatory filing, nVent Electric disclosed that its director Herbert Parker bought 7.6K shares of common stock on August 15th in a total transaction size of $497K.
WGO

Hot Stocks

17:30 EDT Winnebago raises quarterly dividend to 34c per share from 31c - The dividend is payable on September 25, 2024, to common stockholders of record at the close of business on September 11, 2024.
LMT

Hot Stocks

17:26 EDT Lockheed Martin awarded $132.43M Navy order - Lockheed Martin was awarded a $132.43M firm-fixed-price, definitized order against a previously issued basic ordering agreement. Work is expected to be completed in April 2028. Naval Air Systems Command is the contracting activity.
LMT

Hot Stocks

17:22 EDT Lockheed Martin awarded $129.98M Air Force contract modification - Lockheed Martin has been awarded a $129.98M modification to a previously awarded contract to procure tooling and test equipment needed to increase production quantities of Joint Air-to-Surface Standoff Missile and Long-Range Anti-Ship Missile. Work is expected to be completed by December 15, 2027. The Air Force Life Cycle Management Center is the contracting activity.
NKE

Hot Stocks

17:19 EDT Nike Chairman Parker sells over $4M in company shares - Nike Chairman Mark Parker disclosed the sale of 52,487 shares of company stock at $78 per share on August 14 for a total transaction amount of $4,093,986.
KROS

Hot Stocks

17:18 EDT Keros Therapeutics director sells $11.0M in common stock - In a regulatory filing, Keros Therapeutics disclosed that its director Carl Gordon sold 250K shares of common stock on August 13th in a total transaction size of $11.0M.
NOC

Hot Stocks

17:18 EDT Northrop Grumman awarded $378.98M Air Force contract - Northrop Grumman has been awarded a $378.98M firm-fixed price, cost-reimbursable, indefinite-delivery requirements contract to previously awarded contract for repair services. This contract provides for the 408th repair sustainment of the AN/AAQ-24 Large Aircraft Infrared Counter Measure System. Work will be performed in Warner Robins, Georgia, and is expected to be completed by Feb. 15, 2032. This contract involves Foreign Military Sales to Canada, India, Bahrain, NATO, Saudi Arabia, Japan, New Zealand, Korea, and The United Arab Emirates. This contract was a sole source acquisition. No funds are being initially obligated at the time of basic contract award. The Air Force Sustainment Center is the contracting activity.
ATR

Hot Stocks

17:05 EDT AptarGroup's nasal unidose system to deliver neffy alllergy treatments - AptarGroup's Unidose Liquid System is the delivery system approved with neffy - epinephrine nasal spray -, the first and only needle-free treatment approved by the FDA for the emergency treatment of patients with allergic reactions Type I, including anaphylaxis. This marks the first regulatory approval worldwide for nasally-delivered epinephrine. Aptar's Unidose is a single-use, ready-to-use, one-step nasal delivery system used to administer neffy to a patient during a severe allergic reaction. During such an event, the patient, healthcare professional, caregiver or user presses a small plunger on the bottom of the nasal spray system to release the drug in a single spray into the nostril. This novel treatment for severe allergic reaction is an example of a Combination Product submission, and benefited from Aptar Pharma's Services offering, a comprehensive portfolio of stage-specific development packages.
HAIA

Hot Stocks

17:00 EDT Healthcare AI Acquisition Corp trading resumes
GNS

Hot Stocks

16:52 EDT Genius Group announces 1-for-10 reverse stock split Effective August 16 - Genius Group announced a 1-for-10 reverse stock split effective August 16, consolidating every 10 shares into 1 share. The company's common stock will trade on a post-split basis under the same symbol 'GNS' on NYSE American. The primary goal of the reverse stock split is to increase the per share market price of the Company's ordinary shares to meet the minimum per share price requirement for continued listing on the NYSE. Shares of the company's common stock will be assigned a new CUSIP number (Y3005A117) and are expected to begin trading on a split-adjusted basis on Friday, August 16. The ordinary shares issued pursuant to the reverse stock split will remain fully paid and non-assessable. The reverse stock split will not decrease the number of authorized ordinary shares or otherwise affect the par value of the ordinary shares. Every ten shares of common stock that may be purchased pursuant to the exercise of warrants prior to the effective time represent one share of common stock that may be purchased pursuant to such warrants following the effective time.
GEHC

Hot Stocks

16:46 EDT GE HealthCare exec Stacherski sells 19,008 common shares - In a regulatory filing, GE HealthCare chief supply chain and service officer Kenneth Stacherski disclosed the sale of 19,008 common shares of the company on August 14 at a price of $83.22 per share.
GTES

Hot Stocks

16:44 EDT Gates drops 3% to $16.61 after 20M share secondary for Blackstone affiliates
UCB

Hot Stocks

16:40 EDT United Community Banks approved a 4% quarterly cash dividend boost - United Community Banks reported that its Board of Directors approved a 4% quarterly cash dividend increase to $0.24 per share on the Company's common stock. The dividend is payable October 4, 2024 to shareholders of record as of September 16, 2024. The Board of Directors authorized an increase in the Company's share repurchase program to $100 million of its outstanding common shares and extended the expiration of the authorization to December 31, 2025.
HAIA

Hot Stocks

16:39 EDT Healthcare AI Acquisition signs merger agreement with Leading Group Ltd. - Healthcare AI Acquisition, or HAIA, and Leading Group Limited, a licensed digital insurance broker operating in the Insurance Services segment in China as an Insurance Channel Specialist, have entered into a definitive business combination agreement where HAIA and Leading will enter a series of merger transactions resulting in Leading as the surviving entity of the combined entity. Upon consummation, the parties intend to list the combined company on Nasdaq. The combined company will continue to be led by Leading's senior management team. Leading's digital insurance brokerage license and integrated marketing services helps insurance carriers to target and acquire customers at greater scale. The transaction values Leading at approximately $430M.HAIA and Leading intend to raise an additional private placement financing of $50M. Upon closing of the proposed transaction, Leading's shareholders will retain a majority of the outstanding shares of the combined company and Leading will designate a majority of the directors for the combined company board of directors. Leading expects to use the proceeds from the Proposed Transaction to accelerate the organic growth trajectory of the business in the China market. The transaction is expected to be completed in Q4, subject to, among other things, approval by the shareholders of Leading and HAIA, and the satisfaction of the other customary closing conditions, including the receipt of certain regulatory approvals.
VST

Hot Stocks

16:39 EDT Vistra general counsel Moore sells 34,714 common shares - In a regulatory filing, Vistra general counsel Stephanie Zapata Moore disclosed the sale of 34,714 common shares of the company on August 13 at a price of $80.37 per share.
ANF

Hot Stocks

16:38 EDT Abercrombie & Fitch partners with Haddad Brands on new distribution for kids - Abercrombie & Fitch announced a new partnership with Haddad Brands to expand the global reach of its Abercrombie kids brand. Within the agreement, A&F Co. will continue to design, produce and sell Abercrombie kids in its owned-and-operated channels as it does today. The company's partnership with Haddad Brands will focus on creating new distribution channels for the brand and growing the product line by adding infant and toddler categories to the existing assortment for 5-14-year-olds. The Fall/Back to School 2025 season of Abercrombie kids will be available in Haddad Brands' showrooms globally in September.
NODK

Hot Stocks

16:35 EDT NI Holdings CEO Michael Alexander steps down - NI Holdings announced that Michael Alexander has stepped down from his role as president and CEO of NI Holdings, along with his role as a board member of the company, effective August 13. The board has appointed Cindy Launer as interim CEO, effective August 13. Launer has served as an independent non-executive director on NI Holdings' board since November 2019 and brings 18 years of experience. The board of directors is immediately starting the process of finding the next CEO and has no definitive timeline for that search at this moment.
INTC

Hot Stocks

16:33 EDT Intel recommends stockholders reject 'mini-tender offer' by Tutanota - Intel said it recently learned of an unsolicited "mini-tender offer" made by Tutanota LLC to Intel stockholders to purchase up to 1 million shares of Intel common stock at $34 per share. The offer price of $34 per share is conditioned on, among other things, the closing price per share of Intel's common stock exceeding $34 per share on the last trading day before the offer expires. Unless this condition is waived by Tutanota, Intel stockholders who tender their shares in the offer will receive a below-market price. Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration date of Wednesday, Sept. 4, 2024. "This proposal is not in the best interests of Intel stockholders, and the company recommends that stockholders do not tender their shares in response to Tutanota's offer," Intel said. "In addition to offering below-market price, the offer is subject to numerous additional conditions, including Tutanota obtaining financing for the offer. There is no guarantee the conditions of the offer will be satisfied. Stockholders who have already tendered their shares may withdraw them at any time prior to the expiration of the offer, which is currently scheduled for 5 p.m. EDT, Wednesday, Sept. 4, 2024 (but which can be extended by Tutanota), by providing notice in the manner described in the Tutanota offering documents. Intel does not endorse Tutanota's mini-tender offer and is not affiliated or associated in any way with Tutanota, its mini-tender offer or the offer documentation."
JOE

Hot Stocks

16:32 EDT Saint Joe enters homebuilder relationship with Holiday Builders, Harris Doyle - The company states: "The St. Joe Company announces new homebuilder relationships with Holiday Builders and Harris Doyle Homes. With the addition of these regional homebuilders, St. Joe's builder program now includes 19 builders within its residential portfolio of 16 active communities throughout Northwest Florida. Holiday Builders, headquartered in Melbourne, Florida, recently executed a contract with St. Joe for the purchase of homesites in St. Joe's Salt Creek at Mexico Beach community-the first contract for single family homesites in this new community. Holiday Builders has been in business for more than 40 years, building homes throughout the state of Florida and southern Alabama."
RMD BDX

Hot Stocks

16:32 EDT ResMed adds Becton Dickinson's CFO Christopher DelOrefice to board - ResMed (RMD) announced it has expanded the size of its board of directors to 11 and has elected Christopher DelOrefice to the board, effective immediately. Mr. DelOrefice was appointed during ResMed's regularly scheduled board meeting on August 15 and will stand for re-election with the rest of ResMed's directors at its annual meeting on November 21 . Mr. DelOrefice has also been appointed as a member of ResMed's board audit committee. DelOrefice currently serves as executive vice president and chief financial officer CFO of Becton, Dickinson (BDX) and Company BD and brings over 30 years of audit, finance, and strategic expertise to augment and strengthen ResMed's diverse board. Before joining BD in September 2021, DelOrefice served in many roles at Johnson & Johnson (J&J), including most recently as vice president of investor relations and previously as CFO of J&J's consumer and medical device business segments for North America, along with roles in finance leadership for supply chain, corporate mergers and acquisitions, consumer research and development, and business development for J&J's North America pharmaceutical business. Before J&J, DelOrefice held positions of increasing responsibility in accounting, global audit, and financial reporting at AstraZeneca, AET Films, and Ametek.
MUSA

Hot Stocks

16:31 EDT Murphy USA raises quarterly dividend 2.3% to 45c per share - The Board of Directors of Murphy USA declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of 45c per share, or $1.80 per share on an annualized basis, reflecting a 2.3% increase from the prior quarter. The dividend is payable on September 5, 2024, to stockholders of record as of August 26, 2024.
INCY

Hot Stocks

16:31 EDT Incyte says Tafasitamab pivotal trial meets primary endpoint - Incyte announced positive topline results from the pivotal Phase 3 inMIND trial evaluating the efficacy and safety of tafasitamab, a humanized Fc-modified cytolytic CD19 targeting monoclonal antibody, or placebo in combination with lenalidomide and rituximab compared to lenalidomide and rituximab alone in patients with relapsed or refractory follicular lymphoma. The trial met its primary endpoint of progression free survival by investigator assessment in FL. It also met key secondary endpoints of PFS in the overall population by investigator assessment as well as the positron-emission tomography-complete response rate in the FDG-avid FL population. In addition, the secondary endpoint of PFS results by blinded independent review are consistent with investigator based PFS results. No new safety signals with tafasitamab were observed. "While many patients with follicular lymphoma initially benefit from first-line treatment, relapse of the disease is common, underscoring the need for additional therapies," said Steven Stein, M.D., Chief Medical Officer, Incyte. "These results demonstrate the potential of tafasitamab added to the standard of care to be a meaningful new treatment option for patients with FL whose disease has progressed after at least one prior therapy."
BIRD PZZA

Hot Stocks

16:27 EDT Allbirds: Ravi Thanawala, Chief Financial Officer of Papa John's joins board - Allbirds (BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, announced that Ravi Thanawala, Chief Financial Officer of Papa John's International (PZZA), has been appointed to its Board of Directors, effective September 10 . "We are delighted to have Ravi join our Board," said Joe Vernachio, CEO and Board Director. "Ravi is a seasoned consumer executive with extensive experience in the retail, footwear, apparel and restaurant industries. We look forward to his contributions across operations and finance as we continue on our journey to make great products, tell compelling stories and deliver an engaging customer experience."
PTLO

Hot Stocks

16:24 EDT Portillo's jumps 3% to $12.19 after CNBC report of activist stake
MDWD

Hot Stocks

16:23 EDT MediWound announces FDA approval for pediatric indication for NexoBrid - MediWound announced that the FDA has approved a pediatric indication for NexoBrid allowing for eschar removal in pediatric patients aged newborn through eighteen with deep partial- and/or full-thickness thermal burns. With this FDA approval, NexoBrid is now authorized for use in the U.S. for all age groups, aligning with its approvals in the European Union and Japan.
MDU

Hot Stocks

16:22 EDT MDU Resources raises quarterly dividend 4% to 13c per share - The board of directors of MDU Resources Group has increased the quarterly dividend on the company's common stock to 13c per share, for an annualized dividend of 52c per share. This represents a 4% increase over the previous quarterly dividend of 12.5 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. The dividend is payable Oct. 1 to stockholders of record Sept. 12.
VCEL

Hot Stocks

16:21 EDT Vericel announces FDA approval for NexoBrid - Vericel announced that the FDA has approved a pediatric indication for NexoBrid for eschar removal in pediatric patients with deep partial-thickness and/or full-thickness thermal burns.
MDU

Hot Stocks

16:21 EDT MDU Resources raises quarterly dividend 4% to 13c per share - The board of directors of MDU Resources Group has increased the quarterly dividend on the company's common stock to 13c per share, for an annualized dividend of 52c per share. This represents a 4% increase over the previous quarterly dividend of 12.5 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings.
SHIM

Hot Stocks

16:20 EDT Shimmick comments on Legacy Projects and backlog begun with AECOM - As part of the AECOM Sale Transactions, assumed the Legacy Projects and backlog that were started under AECOM. Legacy Projects revenue was $(2)M , a decline of $44M as the company works to complete these projects. As part of a settlement of a claim on a large Legacy Loss Project, we made a non-cash adjustment to revenue of $23M to reflect the settlement amount. See Recent Developments for additional details. Gross margin was $(34)M a decrease of $32M as compared to the three months ended June 30, 2023, primarily as a result of the $30 million impact of the settlement, projects winding down and additional cost overruns on a subset of these projects that have experienced significant cost overruns due to the COVID pandemic, design issues, legal costs and other factors.
LRE

Hot Stocks

16:19 EDT Lead Real Estate receives noncompliance notification - Lead Real Estate announced that the company received a written notification from Nasdaq on August 12 notifying the company that it is not in compliance with the minimum market value of publicly held shares requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq Global Market.
LCW

Hot Stocks

16:17 EDT Learn CW Investment updates timeline on plan to transfer listing to Nasdaq - Learn CW Investment "announced an updated timeline to its previously disclosed plan to transfer the listing of its Class A Ordinary Shares from the New York Stock Exchange to the Nasdaq Global Market and to delist its public warrants and public units from trading on the NYSE. While Learn CW expects trading of its Class A Ordinary Shares to be suspended from trading on the NYSE upon market close on August 23, 2024 and commence trading on Nasdaq upon market open on August 26, 2024 as previously contemplated, Learn CW expects its public warrants and units will remain listed on the NYSE until market close on August 30, 2024. The public warrants and units are expected to commence trading in the over-the-counter market upon market open on September 3, 2024."
ALK HA

Hot Stocks

16:16 EDT Hawaiian rallies following agreement with DOJ to extend merger review - Alaska Air (AL) and Hawaiian Holdings (HA) disclosed earlier that they agreed with the Department of Justice to further extend the merger review period until 12:01 a. m. Eastern Time on August 20. "Alaska and Hawaiian continue to cooperate with the DOJ in this review process," the companies said in a regulatory filing. Shares of Alaska Air closed Thursday up 2% to $35.30 while Hawaiian closed up 10% to $16.46.
SNDA

Hot Stocks

16:16 EDT Sonida Senior Living to acquire eight senior living communities for $103M - Sonida Senior Living announced that the company is under contract to acquire eight senior living communities strategically located in attractive submarkets within the Southeast. This transaction further densifies the company's footprint in northern Florida and South Carolina and creates operating efficiencies given the meaningful regional scale. The transaction includes 555 units with Assisted Living and Memory Care offerings. "With Sonida's multi-faceted sourcing channels, we continue to identify accretive investment opportunities and firmly execute on our focused external growth strategy," said Brandon Ribar, President and Chief Executive Officer. "With this planned acquisition, Sonida will further broaden its high-quality and regionally-focused real estate portfolio with newer vintage communities in mid-to-large metropolitan areas with favorable growth prospects. By successfully integrating Sonida's best-in-class operating platform into these communities, and with occupancy growth, ongoing rent rate improvement and effective expense management, these investments can ultimately generate meaningful value creation for our shareholders." The eight communities are located primarily in high growth primary and secondary metropolitan areas: Jacksonville, Orlando and Daytona Beach; Hilton Head, Charleston and Florence. The portfolio follows Sonida's acquisition strategy, which aims to further upgrade and modernize its portfolio through densification across its current geographic footprint to fully leverage operating scale and efficiencies. The portfolio, with an attractive average asset age of 5 years, compares to an average asset age of 19 years when looking at comparable inventory within a 10-mile radius. The purchase price of $103M, or $185k per unit, reflects a significant discount to the company's estimate of replacement cost. The portfolio's in-place occupancy is approximately 83% with an average RevPOR of more than $6,000. The company anticipates that multi-year stabilization of net operating income margin should result in an accretive effective cap rate.
CACI

Hot Stocks

16:15 EDT CACI awarded $239M order from U.S. Army - CACI International "announced that it has been awarded a six-year expertise task order valued at up to $239 million to provide intelligence analysis and operations to U.S. Army Europe and Africa."
HRB

Hot Stocks

16:15 EDT H&R Block announces $1.5B share repurchase program, increases quarterly dividend - The company announced that the board of directors approved a new share repurchase authorization of $1.5B, which replaces the prior authorization. The company also announced that the board of directors increased the quarterly dividend by 17%, representing the seventh increase in seven years. The quarterly cash dividend is now 37.5c per share, payable on October 3 to shareholders of record as of September 5.
HAIA

Hot Stocks

16:15 EDT Healthcare AI Acquisition Corp trading halted, news pending
AMCR

Hot Stocks

16:12 EDT Amcor sees FY25 adjusted free cash flow $900M-$1B
VRRM

Hot Stocks

16:11 EDT Verra Mobility CFO Conti sells 25,000 class A shares - In a regulatory filing, Verra Mobility CFO Craig Conti disclosed the sale of 25,000 class A common shares of the company on August 13 at a price of $26.9164 per share.
CALX

Hot Stocks

16:09 EDT Calix extends outdoor wifi range capabilities - The company states: "Calix unveiled additional outdoor Wi-Fi capabilities for its broadband platform and SmartLife(TM) managed services, enabling customers to tap into a $7 billion outdoor Wi-Fi market projected to grow 60 percent in the next five years. The new long-range Calix GigaPro(R) p6dx extends outdoor coverage up to one mile. Meanwhile, a 6 GHz upgrade for the Calix GigaPro p6he significantly enhances performance with triple the capacity to support livestreaming, social media video uploads, and other high-bandwidth activities at large outdoor events. Both systems exist on the Calix Broadband Platform, enabling broadband service providers to easily deliver differentiating managed services to large outdoor areas like campgrounds, city centers, fairgrounds, farms, marinas, and RV parks. To accelerate time to market and revenue, Calix announced the upcoming Calix GigaPro GPR4001XH optical network terminal with integrated Power over Ethernet to further streamline outdoor installations."
ALUR

Hot Stocks

16:08 EDT Allurion Technologies receives continued listing standards notice from NYSE - Allurion Technologies announced that it received written notice from the New York Stock Exchange that it is not in compliance with the NYSE's continued listing standards because the average closing price of the company's common stock per the Notice was less than $1.00 per share over the consecutive 30 trading-day period ended August 8, 2024. The Notice does not result in the immediate delisting of the company's common stock from the NYSE. In accordance with applicable NYSE rules, the company plans to timely notify the NYSE that it intends to cure the stock price deficiency and return to compliance with the applicable NYSE continued listing standards. The company can regain compliance at any time within a six-month cure period following its receipt of the Notice if, on the last trading day of any calendar month during such cure period, the company has both: (i) a closing share price of at least $1.00 and (ii) an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of the applicable calendar month. The company intends to remain listed on the NYSE and is considering all available options to regain compliance with the NYSE's continued listing standards, including, but not limited to, a reverse stock split, subject to stockholder approval. The NYSE rules provide for an extension to the six-month cure period if the action required to cure the price condition requires stockholder approval, in which case, the action needs to be approved by no later than the company's next annual stockholder's meeting and implemented promptly thereafter.
ANDE

Hot Stocks

16:06 EDT Andersons announces $100M share repurchase program - The company's board of directors has authorized a share repurchase program of up to $100M of outstanding company common stock. The authorization for this plan will be in effect for a period of three years.
PL

Hot Stocks

16:05 EDT Planet Labs to launch first hyperspectral satellite, Tanager-1 - Planet Labs PBC announced that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves will launch on the Transporter-11 Rideshare mission with SpaceX on Friday, August 16, 2024 from Vandenberg Space Force Base in California. Tanager-1 will expand Planet's capabilities by adding more than 400 spectral bands of data, capturing phenomena that are invisible to the human eye. Tanager-1 is made possible by the Carbon Mapper Coalition, a philanthropically-funded effort to develop and deploy industry-leading hyperspectral satellites designed to detect and track methane and CO2 super-emitters at a level of granularity that can support direct mitigation action. Tanager-1 combines Planet's cutting-edge agile aerospace and smallsat bus technology with the state-of-the-art imaging spectrometer design developed at NASA's Jet Propulsion Laboratory.
AACI

Hot Stocks

16:04 EDT Armada Acquisition Corp. I closes business combination with Rezolve AI - Armada Acquisition Corp. I closed its business combination with Rezolve AI, a provider of AI-driven engagement platforms for retail and commerce. Armada stockholders approved the transaction at Armada's special meeting held on August 1. Rezolve plans to grow a strategic market base and expand its position as a global provider of a SAAS based, generative AI powered sales engine. The combined company will operate as "Rezolve AI Limited", and its common shares and warrants are expected to begin trading on Nasdaq under the ticker symbols "RZLV" and "RZLVW", respectively, on August 16. Rezolve's management team, led by Chairman and CEO Daniel Wagner, CEO, Technology and Product Sauvik Banerjjee, CTO Dr Salman Ahmed and CFO Richard Burchill, will continue to lead the public company following the business combination.
DESP

Hot Stocks

16:02 EDT Despegar sells DMC BDExperience to World2Meet - Despegar.com announced that it has formed a strategic alliance with World2Meet, the travel division of Iberostar Group, a Spain-based global tourism company. Under the alliance's agreement, World2Meet has acquired Despegar's Destination Management Company BDExperience effective August 1, 2024, and will operate as a preferred partner to Despegar for the provision of destination services in Mexico and the Dominican Republic. In line with Despegar's focus on key long-term growth strategies, improving operational efficiency and maximizing return on capital, the divestiture of DMC enables the Company to better concentrate resources on its core business and further strengthen its organic growth profile.
OCCI

Hot Stocks

16:01 EDT OFS Credit estimates July NAV per share $7.19-$7.29 - OFS Credit Company announced the following net asset value estimate as of July 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of July 31, 2024 is between $7.19 and $7.29. This estimate is not a comprehensive statement of the company's financial condition or results for the month ended July 31, 2024. This estimate did not undergo the company's typical quarter-end financial closing procedures.
MCI

Hot Stocks

15:34 EDT Barings Corporate Investors increases quarterly dividend 2.6% to 40c per share - The board of trustees declared a quarterly dividend of 40c per share, payable on September 13 to shareholders of record on August 26. This represents an increase of 1c per share or 2.6% over the previous dividend of 39c per share.
DIS...

Hot Stocks

15:14 EDT Adam Smith named CPTO at Disney Entertainment and ESPN - Adam Smith has been named chief product and technology officer, or CPTO, Disney (DIS) Entertainment and ESPN, it was announced by Disney Entertainment co-chairmen Alan Bergman and Dana Walden and ESPN chairman Jimmy Pitaro. Smith will oversee a global product and technology group spanning Disney's entertainment and sports media businesses. He will be responsible for driving technology strategy, development, deployment and continued innovation across the company's streaming platforms and networks, portfolio of consumer digital touchpoints, proprietary advertising technology, emerging technologies and more. Smith will lead a global team of technologists, including engineers, product managers and designers, data scientists and technical operations teams. Smith will join Disney beginning September 3 and will jointly report to Bergman, Walden and Pitaro. Smith joins Disney from YouTube (GOOG), where he most recently served as VP, product management, leading music and premium as well as subscriptions and commerce since 2016.
ABT

Hot Stocks

13:55 EDT Abbott announces implantation of AVEIR DR pacemaker system in Canada - Abbott announced that the AVEIR dual chamber leadless pacemaker system, a dual chamber leadless pacemaker system that treats people with abnormal or slow heart rhythms, has been implanted for the first time at the Montreal Heart Institute, in Montreal, Quebec and Foothills Medical Centre in Calgary, Alberta.
MACA

Hot Stocks

13:34 EDT Moringa Acquisition Corp trading resumes
MACA

Hot Stocks

13:29 EDT Moringa Acquisition Corp trading halted, volatility trading pause
NNE

Hot Stocks

13:25 EDT Nano Nuclear signs MOU with Rwanda Atomic Energy Board - NANO Nuclear Energy announced that it has signed a Memorandum of Understanding with the Rwanda Atomic Energy Board. The MOU establishes a framework under which NANO Nuclear work alongside the RAEB to facilitate the introduction and eventual integration of small modular reactors and microreactors, like 'ZEUS' and 'ODIN', NANO Nuclear's next generation microreactors in development, throughout the Republic of Rwanda. NANO Nuclear will also be responsible for enabling the development of the country's entire ecosystem of nuclear energy systems. This includes providing technical assistance, training and educational programs to develop Rwanda's technical expertise in the nuclear energy industry.
PARA

Hot Stocks

13:10 EDT Paramount up 6% to $10.84 after Bloomberg report of Bronfman offer
CAUD

Hot Stocks

13:08 EDT Collective Audience to transition to OTC Markets following Nasdaq delisting - Collective Audience announced its common stock will be suspended from trading on the Nasdaq Global Market effective upon the open of trading on Friday, August 16, 2024 following a Nasdaq Hearings Panel determination to delist the company's shares. The company is currently arranging for its stock to begin trading temporarily on the OTC Markets' Pink Open Market at the opening of the markets on Friday, August 16, 2024, while it pursues a request for reconsideration and contemplates filing an appeal to the Nasdaq Listing and Hearing Review Council. The company already has a pending application with OTC Markets to list on the OTC Markets' OTCQB Market for which the company believes it fully qualifies. Despite the company's successful execution of its compliance plan, including being current in its SEC reporting, the recent timely filing of its Form 10-Q for the three months ended June 30, 2024, and the completion of two previously announced acquisitions, the Nasdaq appeal panel decided to deny any grace period or extension to allow the company to transition to the Nasdaq Capital Market, citing the immediate drop in market trading price at the deSPAC back in November 2023 as the deciding factor in their decision. The company's application to transfer to the Nasdaq Capital Market, where it currently meets continued listing requirements, except for minimum bid price compliance, was also denied. The company is currently evaluating its plan to potentially appeal the decision in the 15 days allotted by Nasdaq for such an appeal. Collective Audience is current with its SEC reporting requirements and recently completed two transformative acquisitions. Following these acquisitions, the company reported that it expects to generate on a pro forma basis positive EBITDA in 2024, with annual pro forma revenues on track to exceed $7.5 million.
TCBP

Hot Stocks

13:04 EDT TC Biopharm regains compliance with Nasdaq listing rule - TC BioPharm announced that the Company has regained compliance with the Nasdaq Stock Market Listing Rule 5550(b) which will maintain the listing of the Company's American depositary shares on the Nasdaq Global Select Market. On May 24, 2024, the Company received written notification from the listing qualifications staff of the Nasdaq Stock Market, indicating that the Company was not in compliance with the Minimum Stockholders' Equity Requirement, as of March 31, 2024. This letter indicated that while Nasdaq estimates the Company is currently in compliance with the Minimum Stockholders' Equity Requirement it notes that based on the historical burn rate, without a significant transaction, the Company will not be in compliance as of the next period ending June 30, 2024. On August 1, 2024, the Company received written notification from Nasdaq that the hearing panel granted the Company's request to continue its listing on Nasdaq subject to compliance with the Minimum Stockholders' Equity Requirement on or before August 15, 2024. The Company believes that due to the closing of the transactions contemplated by the Purchase Agreement it is now in compliance with the Minimum Stockholders' Equity Requirement.
MLM

Hot Stocks

12:56 EDT Martin Marietta boosts quarterly dividend to 79c from 74c per share - Martin Marietta Materials said its board approved a 7% increase in its quarterly cash dividend, raising it from 74c per share to 79c per share. This dividend, representing a cash dividend of $3.16 per share on an annualized basis, is payable September 30, to shareholders of record at the close of business on September 3. Ward Nye, CEO, stated, "Today's announced dividend increase marks our ninth consecutive year of doing so, extending Martin Marietta's long track record of delivering meaningful and sustainable dividends as a component of our balanced capital allocation priorities. Our durable, aggregates-led business model, disciplined commercial and operational practices and strong financial position allow the Company to prudently return capital to shareholders while continuing to invest in future growth opportunities to drive superior shareholder value for decades to come."
EA...

Hot Stocks

12:40 EDT EA's 'Dragon Age: The Veilguard' releases October 31, 2024 - Electronic Arts (EA) said that its upcoming role-playing game "Dragon Age: The Veilguard" will release October 31, 2024 for PC, PlayStation 5 (SONY), and Xbox Series X/S (MSFT). Reference Link
ANVS

Hot Stocks

12:01 EDT Annovis Bio rises 14.0% - Annovis Bio is up 14.0%, or $1.08 to $8.85.
SRG

Hot Stocks

12:01 EDT Seritage Growth Properties rises 15.4% - Seritage Growth Properties is up 15.4%, or 57c to $4.27.
NVRO

Hot Stocks

12:01 EDT Nevro rises 17.1% - Nevro is up 17.1%, or 88c to $6.04.
SPRU

Hot Stocks

12:00 EDT Spruce Power Holding falls -8.5% - Spruce Power Holding is down -8.5%, or -28c to $3.06.
DDS

Hot Stocks

12:00 EDT Dillard's falls -9.8% - Dillard's is down -9.8%, or -$38.46 to $352.50.
SPIR

Hot Stocks

12:00 EDT Spire Global falls -29.2% - Spire Global is down -29.2%, or -$2.97 to $7.19.
ZKIN

Hot Stocks

11:40 EDT ZK International provides update on Nasdaq bid price compliance plan - On February 15, 2024, ZK International was notified that the Company's listed security no longer meet the minimum $1 bid price per share requirement under Nasdaq's Listing Rules. Despite our efforts, the bid price has not regained compliance within the initial 180-day period, which ended on August 13, 2024. However, Nasdaq Staff has determined that ZK International is eligible for an additional 180-day period, until February 10, 2025, to regain compliance. This extension is granted based on the Company's continued compliance with all other applicable listing requirements, except for the bid price, and our written notice of intention to cure the deficiency, including the potential use of a reverse stock split if necessary. To regain compliance, the closing bid price of the Company's ordinary shares must meet or exceed $1.00 per share for a minimum of 10 consecutive business days during this additional 180-day period.
ZKIN

Hot Stocks

11:39 EDT ZK International achieves Nasdaq compliance with filing requirements - On February 20, 2024, ZK International was notified by Nasdaq Staff that the Company no longer meet the periodic filing requirements under Listing Rule 5250(c)(1) due to a delayed filing of our annual report on Form 20-F for the year ended December 31, 2023. We are pleased to report that, based on the timely filing of our annual report on August 13, 2024, Nasdaq Staff has confirmed that ZK International is now in full compliance with the Rule. Accordingly, this matter is now officially closed.
CNVS

Hot Stocks

11:38 EDT Cineverse announces partnership with Wurl for FAST channe portfolio - Cineverse announced a broad partnership with Wurl to distribute its growing portfolio of free, ad-supported streaming television channels and launch new channels. The partnership will enable Cineverse to streamline channel launches through seamless integration with Matchpoint, the company's proprietary distribution platform, along with enhanced monetization which will provide Cineverse with future opportunities to expand the company's strategic initiatives around content discovery and personalization. With this partnership, Cineverse will migrate the majority of their existing FAST channels to Wurl's Global FAST Pass. As part of this move, The Bob Ross Channel, Barney, 9 Story Presents: Garfield and Friends, SCREAMBOX TV, the Real Madrid Channel and others will be fully powered by Wurl. Moving forward, the company will also launch additional new channels via Wurl including several music channels as part of an expanded offering in the genre.
HNRA

Hot Stocks

11:10 EDT HNR Acquisition increases electrical capacity - HNR Acquisition announces key infrastructure improvements and upgrades to the electrical systems that will increase capacity for current needs and future growth, and enhance reliability of overall system which will provide consistency in performance and production. The field has three water stations to service the major sections of the water flood operations. The Russell Turner Water Station had low capacity and unreliable performance. The Company has assessed the electrical system and is in process of making upgrades of: Replacing and upgrading the transformer to a new reliable transformer. The replacement transformer will double the current capacity, which will satisfy current needs and provide capacity for our growth and expansion plans. The improvements will provide a constant electrical output and service which is better suited for all the downstream electronics, and minimize downtime caused by storms and other occurrences. Upgrading the lightning protection to minimize impacts of storms and protect the electrical equipment on the system Upgrading the horizonal pump, which is used to inject water, will greatly enhance our waterflood operations. The pump and related electronics have damage from past storms and issues. Accordingly, we are replacing with an upgraded horizonal pump and related electronics.
AGR

Hot Stocks

11:09 EDT Avangrid, Statkraft sign second virtual power purchase agreement - Avangrid and Statkraft announced the signing of a short-term Virtual Power Purchase Agreement for energy from Avangrid's 35 MW Casselman wind farm in Pennsylvania. This marks the second such deal between the two companies within the past nine months as they strengthen their growing relationship in the United States. Earlier this year, Avangrid and Statkraft announced a short-term VPPA for Avangrid's 300 MW Streator Cayuga Ridge South wind farm in Illinois. Statkraft and Iberdrola, S.A., Avangrid's parent company, have a Power Purchase Agreement in place for energy produced at Iberdrola's Korytnica II wind farm in Poland. The Casselman wind project reached commercial operation in 2007 and is located about 60 miles southeast of Pittsburgh, near the towns of Meyersdale and Rockwood. The plant's 23 wind turbines, with a combined capacity of 35 MW, are located on top of and near a rehabilitated surface mine, and bring clean energy jobs to the region.
MAT

Hot Stocks

11:07 EDT Mattel announces multi-brand collaboration celebrating Barbie fashion - Mattel announced a multi-brand collaboration between the iconic Barbie brand and five female-led Canadian companies. Timed to the 65th anniversary of Barbie, the collection highlights the impact of Barbie through the decades with a unique design lens from each brand. As a collaborative effort, each Canadian brand - Hilary MacMillan, ai, Paris Jewellers Canada, Cheekbone Beauty and Sol Kyst - worked seamlessly together to design and develop eight cohesive looks, featuring over 100 products, inspired by iconic Barbie dolls over the past six decades. All participating brands and pieces will launch simultaneously on August 15 at 11 A.M. E.S.T., with integrated web interfaces, which allow consumers to shop each brand hyperlinked together, allowing seamless consumer experience.
DECK

Hot Stocks

11:06 EDT Lole Brands acquires footwear brand Sanuk, terms not disclosed - Lole Brands announced its acquisition of outdoor lifestyle footwear brand, Sanuk previously a division of Deckers Brands. Founded in 1997 within the vibrant surfing, action sports and outdoor community, Sanuk has long been synonymous with comfort, creativity and free-spirited adventure. Renowned for its original styles and irreverent marketing, Sanuk is on a mission to spread smiles far and wide through fun yet functional footwear. The partnership will usher in a new era for the beloved Southern California-born brand, as Sanuk and Lole share a commitment to responsibly produced, innovative and stylish design. Under new ownership, Sanuk will benefit from a renewed investment to build on its core strengths, such as unique, consumer-centric products and marketing that differentiates the brand in the marketplace. Sanuk's loyal customer base of wholesale partners can look forward to experiencing the brand's evolution, which includes a nimble and progressive approach to marketplace management and customer service.
ADBE...

Hot Stocks

11:03 EDT Box appoints Tricia Gellman as CMO - Box (BOX) announced the appointment of Tricia Gellman as Chief Marketing Officer. As CMO, Gellman will help accelerate the company's path to $2 billion in revenue and its evolution as an Intelligent Content Management platform, delivering AI-powered collaboration, workflow automation, and security. Gellman brings over two decades of experience driving growth for leading technology companies, including Salesforce (CRM) and Adobe (ADBE).
QCOM MANU

Hot Stocks

11:01 EDT Manchester United, Qualcomm expand prinicipal shirt partnership - Qualcomm Technologies (QCOM) and Manchester United (MANU) have triggered the extension of their principal shirt partnership which will now run until 2029. The extension follows record-breaking home, away and third shirt launches which feature the Snapdragon brand on the front of a Manchester United shirt for the first time. Snapdragon is Qualcomm Technologies' consumer brand of processors and can be found in more than 3 billion devices globally. The Snapdragon processors power premium experiences from the world's biggest digital brands across smartphones, next-generation PCs, extended and virtual reality glasses, gaming, wearables, and cars. In a first for the club, the new shirts featuring the Snapdragon brand launched with an innovative augmented reality experience which fans can access by scanning a QR code and the Snapdragon logo on the front of the shirt. The experience, developed by Qualcomm Technologies, brings fans onto the pitch of Old Trafford and will feature exclusive Manchester United content throughout the season.
ASUR

Hot Stocks

11:00 EDT Asure Software acquires HireClick, terms not disclosed - Asure has acquired HireClick, a hiring solution designed to streamline the recruitment process for small and mid-sized businesses. This strategic acquisition reinforces Asure's commitment to delivering comprehensive, user-friendly tools that simplify people management. HireClick's all-in-one hiring solution offers a seamless experience for creating job descriptions, posting to national job boards, tracking applicants, and hiring top talent through a streamlined and intuitive process. The solution includes a personalized careers website, mobile-friendly job applications, and built-in AI support to craft effective job descriptions. With an intuitive dashboard, employers can easily view, filter, and track applications, as well as communicate with candidates throughout the hiring process.
DE

Hot Stocks

10:17 EDT Deere says 'optimistic' about opportunities before the company - Says "prudently and proactively" adjusted production business in Large Ag business to reduce inventory. Says will continue to focus on reducing used inventory levels. Says lean levels of field inventory will best position operations to respond to changes in market demand.
RILY

Hot Stocks

10:14 EDT B Riley Financial trading resumes
DE

Hot Stocks

10:12 EDT Deere says Ag fundamentals 'remain muted' - Says Q3 was another quarter of overall challenging market conditions. Says order books across all segments are effectively full for the remainder of the year. Comments take from Q3 earnings conference call.
RILY

Hot Stocks

10:09 EDT B Riley Financial trading halted, volatility trading pause
SUP

Hot Stocks

10:01 EDT Superior Industries rises 9.2% - Superior Industries is up 9.2%, or 28c to $3.32.
HII

Hot Stocks

10:01 EDT HII unit awarded $30M task order - HII announced that its Mission Technologies division was awarded a task order to support the U.S. Air Force's efforts to recapitalize and sustain its fleet of presidential and executive aircraft. The contract is valued at over $30M. An HII team in Dayton, Ohio, will perform a broad set of tasks to enhance the reliability and supportability of aircraft and aircraft systems under the contract, which will be administered by the U.S Air Force Life Cycle Management Center's Presidential and Executive Airpower Directorate. The directorate is responsible for planning and executing all life-cycle activities related to the recapitalization of Air Force One and E-4B aircraft, and sustainment of the current Air Force One, E-4B, C-12, C-32, C-37, and C-40 aircraft.
NVRO

Hot Stocks

10:01 EDT Nevro rises 9.8% - Nevro is up 9.8%, or 51c to $5.67.
SRG

Hot Stocks

10:00 EDT Seritage Growth Properties rises 14.9% - Seritage Growth Properties is up 14.9%, or 55c to $4.25.
SPRU

Hot Stocks

10:00 EDT Spruce Power Holding falls -6.8% - Spruce Power Holding is down -6.8%, or -23c to $3.11.
GNLN

Hot Stocks

10:00 EDT Greenlane Holdings trading resumes
KORE

Hot Stocks

10:00 EDT Kore Group falls -7.4% - Kore Group is down -7.4%, or -25c to $3.14.
SPIR

Hot Stocks

10:00 EDT Spire Global falls -30.9% - Spire Global is down -30.9%, or -$3.14 to $7.02.
GNLN

Hot Stocks

09:55 EDT Greenlane Holdings trading halted, volatility trading pause
GCTS

Hot Stocks

09:48 EDT GCT Semiconductor falls -7.5% - GCT Semiconductor is down -7.5%, or -27c to $3.33.
SPRU

Hot Stocks

09:47 EDT Spruce Power Holding falls -8.1% - Spruce Power Holding is down -8.1%, or -27c to $3.07.
SPIR

Hot Stocks

09:47 EDT Spire Global falls -34.0% - Spire Global is down -34.0%, or -$3.45 to $6.71.
SUP

Hot Stocks

09:47 EDT Superior Industries rises 8.9% - Superior Industries is up 8.9%, or 27c to $3.31.
WRBY

Hot Stocks

09:47 EDT Warby Parker rises 9.9% - Warby Parker is up 9.9%, or $1.26 to $14.05.
SRG

Hot Stocks

09:47 EDT Seritage Growth Properties rises 17.8% - Seritage Growth Properties is up 17.8%, or 66c to $4.36.
BSLK

Hot Stocks

09:41 EDT Bolt Projects Holdings Inc trading resumes
SING

Hot Stocks

09:39 EDT Singlepoint Inc trading resumes
SING

Hot Stocks

09:34 EDT Singlepoint Inc trading halted, volatility trading pause
BSLK

Hot Stocks

09:31 EDT Bolt Projects Holdings Inc trading halted, volatility trading pause
XYLO PRZO

Hot Stocks

09:29 EDT Xylo says ParaZero receives order for 50 drone safety systems - Xylo Technologies (XYLO) announced that ParaZero Technologies (PRZO), 18.68% owned by Xylo, initiated a partnership with a leading Tier 1 defense OEM company to adapt and integrate its advanced drone safety system for operational military and medical mission use. ParaZero received an initial order as part of a wider collaboration that aims to enhance the efficiency and safety of medical field mission's deliveries, particularly in critical and remote areas. In the initial phase, ParaZero will provide 50 systems to the customer for testing, during which time ParaZero will develop and validate the necessary adaptations for the medical delivery system. Upon successful completion of the testing phase, the customer plans to purchase additional hundreds of systems for a pilot program. These stages are expected to be completed by the end of 2024, after which the adapted systems will enter commercial production for operational use by this customer and other customers. ParaZero's target is to develop a scalable, cost-effective mass production system that can be deployed widely, ensuring that medical deliveries are safer, faster, and more reliable.
RAVE

Hot Stocks

09:14 EDT Pizza Inn enters Master Franchise Agreement with Al Ruwad Hospitality - Pizza Inn announced a new multi-store Master Franchise Agreement partnership with Al Ruwad Hospitality Services & Restaurants Management Group in Egypt. The first Pizza Inn location is scheduled to open in Cairo during the fourth quarter of 2024 as part of a seven-store agreement. Following its first opening, Al Ruwad Hospitality Services & Restaurants Management Group plans to debut two additional locations each year for the next three years in cities across Egypt. The restaurants will offer Pizza Inn's signature menu of pizzas, pasta dishes, wings and famous Pizzerts.
ALGS

Hot Stocks

09:11 EDT Aligos Therapeutics announces 1-for-25 reverse stock split - Aligos Therapeutics announced that it will effect a 1-for-25 reverse stock split of its shares of common stock. The reverse stock split will become effective at 12:01 am ET on Monday, August 19, 2024. The Company's common stock is expected begin trading on the Nasdaq Capital Market under the same symbol on a split-adjusted basis at the market open on August 19, 2024 with the new CUSIP number 01626L 204.
ACHR

Hot Stocks

09:11 EDT Archer delivers1st midnight aircraft to the USAF as part of $142M contract - Archer Aviation announced it has delivered its first Midnight aircraft to the USAF to evaluate as part of its AFWERX Agility Prime contract valued at up to $142M. The delivery comes after the U.S. Department of Defense accepted Midnight's military airworthiness assessment, a critical approval that confirms Midnight's readiness for flight testing by AFWERX. This allows AFWERX to conduct government-directed testing of the aircraft for the U.S. Air Force and validate operational and military-specific mission concepts. A team of USAF personnel worked alongside Archer's flight test team to ramp up operations with Midnight at Salinas. Together, these teams executed simulated medical evacuation, cargo, intelligence, surveillance and reconnaissance flights. "This delivery represents a pivotal moment not only for Archer but for the future of military aviation," said Adam Goldstein, CEO of Archer Aviation. "Together, our goal is to prove Midnight's potential and ensure the United States continues to lead the way with the world's most advanced technology."
EDBL

Hot Stocks

09:10 EDT Edible Garden launches VitaminWhey.com e-commerce site - Edible Garden announced the launch of the VitaminWhey.com e-commerce site for the Company's Vitamin Whey line of whey and plant protein powders under the Vitamin Whey and Vitamin Way brands.
GCTK

Hot Stocks

09:10 EDT GlucoTrack announces new findings on acceptance of CBGM concept - Glucotrack announced new findings from a recent market research study evaluating the acceptance of its new Continuous Blood Glucose Monitor, CBGM, concept among people with insulin-requiring diabetes. The poster was presented at the Association of Diabetes Care and Education Specialists) 2024 Annual Conference held Aug. 9-12, 2024, in New Orleans. Key features that garnered the most interest include the long-term sensor life, the absence of a wearable component, and the provision of real-time blood glucose readings. These top three appealing aspects were consistent across all segments of respondents.
LPLA

Hot Stocks

09:09 EDT LPL Financial: Wealthstead joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisors Jason Walker, Vladimir Nikitenko, H. Scott Braswell, Rosty Tkachenko and John Hydrick, have joined LPL Financial's broker-dealer, RIA and custodial platforms, aligned with existing firm Integrated Financial Group. They reported serving approximately $615 million in advisory, brokerage and retirement plan assets and join LPL from Lincoln, now part of Osaic. The Atlanta-based advisors are longtime colleagues who branched off to create a new practice, Wealthstead Financial Advisors. Led by Managing Partner Jason Walker, an Army veteran and graduate of the U.S. Military Academy at West Point, the Wealthstead team offers comprehensive financial planning services and investment advice, with a focus on retirement income planning and portfolio management. Their business primarily grew out of the nonprofit market and has a strong track record of helping clients on their path to financial success. Now, their diverse client base includes mass affluent families, executives and business owners.
CPXWF

Hot Stocks

09:08 EDT Capital Power completes consent solicitation provess for subordinated notes - Capital Power announced the completion of a previously announced solicitation of consents from holders of its C$350M 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082. Based on the report of the tabulation agent for the Consent Solicitation, the Consent Solicitation received strong support and was approved by Holders, significantly exceeding the required threshold of at least 66 2/3% of the aggregate outstanding principal amount of the Series 1 Notes. As a result, the extraordinary resolution authorizing certain proposed amendments to the indenture governing the Series 1 Notes has been approved. The proposed amendments will be effected by a supplemental indenture dated August 15, 2024 to the indenture governing the Series 1 Notes and will provide for the exchange of all outstanding principal amount of Series 1 Notes for an equal principal amount of a new series of notes referred to as the 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 3, due September 9, 2082 issued under a supplemental indenture dated August 15, 2024 to the trust indenture dated as of June 5, 2024, all as more fully described in the Consent Solicitation Statement dated July 29, 2024. The Series 3 Notes have the same economic terms, including but not limited to the interest rate, interest payment dates, maturity date and redemption provisions as the Series 1 Notes, including an entitlement under the Series 3 Notes for an amount equal to the interest accrued on the Series 1 Notes that are exchanged. The Note Exchange is expected to commence today, August 15, 2024 upon execution of the Series 1 Supplemental Indenture and the Series 3 Supplemental Indenture. The removal of the provisions for delivery of preferred shares upon the occurrence of certain bankruptcy and related events from Series 3 Notes ensures the Series 3 Notes will rank equally in right of payment with the C$450M 8.125% Fixed-to-Fixed Subordinated Notes, Series 2, due June 5, 2054 in all cases. Following the completion of the Note Exchange, S&P Global Ratings and Morningstar DBRS are expected to assign and confirm the instrument rating of the Series 3 Notes at BB and BB with a Stable trend, respectively.
SMXT

Hot Stocks

09:08 EDT SolarMax expands U.S. footprint with new solar project in California - SolarMax Technology signed a non-binding term sheet for a significant new commercial solar project in California. The project, a major mall in the San Jose area, represents another step forward in SolarMax' ongoing strategy to expand its solar development capabilities in the US commercial market. The proposed California project is to include the development and management of a 4.17 megawatt photovoltaic solar power plant and a 2.0 MW energy storage system. As part of the project, SolarMax will also oversee the replacement of the mall's roof to support the new solar infrastructure.
ORA

Hot Stocks

09:07 EDT Ormat Technologies signs first tolling agreements in Texas - Ormat Technologies announced the signing of two seven-year tolling agreements with Equilibrium Energy for the Lower Rio 60MW/120MWh and Bird Dog 60MW/120MWh Energy Storage facilities in Texas. This marks Ormat's first tolling agreements signed in the ERCOT market. The Lower Rio project is expected to come online in the second quarter of 2025, while the Bird Dog facility is anticipated to be operational in the fourth quarter of 2025. Both projects are entitled to receive a 40% investment tax credit under the Inflation Reduction Act. The tolling agreements secure fixed revenues for the energy and ancillary services provided by the facilities. This enabled Ormat to start construction on the recently announced 100MW/200MWh Louisa project, which is expected to be online by the end of 2026.
BTDR

Hot Stocks

09:07 EDT Bitdeer announces proposed offering of $150M convertible notes - Bitdeer Technologies announced a proposed registered underwritten public offering by the Company of $150,000,000 aggregate principal amount of its convertible senior notes due 2029, subject to market and other conditions. The Company also intends to grant the underwriters in the Offering a 30-day option to purchase up to an additional $22,500,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments. The Notes will be senior, unsecured obligations of the Company. The Notes will mature on August 15, 2029, unless earlier converted, redeemed or repurchased. Holders may convert their notes at their option prior to the close of business on the second scheduled trading day immediately preceding the maturity date. Upon conversion, the Company will pay or deliver to such converting holders, as the case may be, cash, Class A ordinary shares, par value US$0.0000001 per share, of the Company or a combination of cash and Class A ordinary shares, at its election. The interest rate, initial conversion rate and certain other terms of the Notes will be determined at the time of pricing of the Notes. The Company intends to use the net proceeds from the Offering for datacenter expansion, ASIC based mining rig development as well as working capital and other general corporate purposes. BTIG is acting as book-running manager for the Offering. A.G.P./Alliance Global Partners is acting as co-manager for the Offering.
HPE

Hot Stocks

09:06 EDT HP Enterprise to acquire Morpheus Data, terms undisclosed - HP Enterprise announced that it has entered into a definitive agreement to acquire Morpheus Data, a pioneer in software for hybrid cloud management and platform operations. The transaction is expected to close early in the fourth quarter of the HPE 2024 fiscal year, subject to customary closing conditions. Morpheus Data's technology will be integrated with HPE GreenLake cloud and HPE's private cloud portfolio and continue to be offered as standalone software. HPE will support existing customers and partnerships.
AIRJ

Hot Stocks

09:06 EDT Montana Technologies Corp. signs MOU with Tenx Investment - Montana Technologies Corporation announces the signing of a Memorandum of Understanding (MOU) with TenX Investment in Energy Enterprises & Management Co. to address water security and energy efficiency opportunities in the United Arab Emirates. The collaboration between Montana Technologies and TenX aims to leverage AirJoule(R)'s cutting-edge technology to generate pure distilled water from air and reduce energy consumption for air conditioning, significantly enhancing water security and energy sustainability in the UAE. The Company and TenX will explore options to deploy AirJoule(R) units with initial installations focusing on critical infrastructure and community water needs.
SGD

Hot Stocks

09:05 EDT Safe and Green Development acquiring 22 single family lots in South Texas - Safe and Green Development announced the expansion of its joint venture project in Edinburg, Texas, after entering into an agreement to acquire 22 additional single-family lots. These lots are an addition to the acquisition of 5 lots in the same subdivision. The acquired lots are expected to be permitted and the transaction is expected to close within the next 60 days. With this expansion, the company is poised to deliver all homes to customers by the end of Q2 2025.
SIGA

Hot Stocks

09:05 EDT Siga Technologies falls 37% to $7.58 after mpox study failure
GAUZ

Hot Stocks

09:05 EDT Gauzy sees aggregated revenue of $240M over next ten years from cockpit shading - Gauzy announced that its commanding market-leading position in cockpit shading for all commercial aircraft and business jets, which now stands at a dominant 95%, will yield an aggregate revenue of $240 million over the next 10 years. This newly increased market share in cockpit shading was driven by the ramp up of awarded programs in the second quarter of 2024 with long-standing aerospace customers including Gulfstream, Embraer, and Bombardier, which resulted in contributing to Gauzy generating approximately $20.2 million in revenue from its aeronautics business in the first half of 2024, which was a 38.1% increase from the prior year period. A combination of industry tailwinds will contribute to Gauzy generating significant revenue from cockpit shading over the next decade. These include reported consistent year-over-year increases in demand for air travel, which has resulted in leading airline operators placing large orders for new aircrafts. Moreover, research suggests that air travel will increase 48% in 2024 compared to 2022, while some airlines reported increases in utilization of up to 10% over the past year due to the heightened demand. After 6,000-to-10,000 hours of flight time, international regulatory agencies require aircraft parts and accessories be replaced, creating a continuous need for Gauzy's fully homologated and regulatory approved cockpit shading solutions. Gauzy is uniquely positioned to capitalize on the sizeable opportunity for new aircraft and aftermarket products due to its commercial relationships with leading OEMs for both commercial and business jets, such as Boeing and Airbus, which span more than 20 years.
BX

Hot Stocks

09:05 EDT Blackstone acquires majority stake in M3, terms undisclosed - M3 announced it has signed a definitive agreement for a majority investment from Blackstone Growth and affiliated funds. The investment will help to accelerate the company's growth by enhancing new product expansion and supporting the adoption of M3's software. AAHOA, representing nearly 20,000 hotel owners and 60% of hotels across the United States, will make its first ever strategic investment alongside Blackstone. Terms of the transaction were not disclosed.
MGM

Hot Stocks

09:03 EDT MGM Resorts partners with Grupo Globo in sports betting, iGaming venture - MGM Resorts and Grupo Globo, Latin America's largest media group, announced the formation of a new venture to seek a sports betting and iGaming license in Brazil. If its license is approved later this year, the new venture will launch in Brazil in early 2025 under the BetMGM brand. Brazil has more than 20 million active bettors representing an estimated market size of more than $3B, growing double digits every year. The venture will establish its headquarters in Sao Paulo and elect a leadership team to be comprised of top talent from each company and additional new hires to oversee the venture's ongoing operations and growth. Commencement of the new venture's operations is subject to local gaming regulatory approvals.
DE

Hot Stocks

09:01 EDT Deere sees FY24 net operating cash flow $6B-$6.5B - Sees FY24 effective tax rate 23%-25%. Sees R&D expenses up slightly. Sees CapEx about $1.8B. Comments taken from Q3 earnings conference call presentation slides.
WMT

Hot Stocks

08:58 EDT Walmart says 'positioned well' regardless of economic conditions - Says e-commerce continues to have "outsized" effect on results. "Pleased" with faster-growing, higher margin parts of the business. Says Sam's Club e-commerce business profitable and growing. Seeing strong growth in Gen-Z and Millennial cohort. Says "good start" to back to school season. Expects to have "good" holiday season.
DE

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08:56 EDT Deere provides industry outlook for FY24 - For agriculture & turf: Sees U.S. & Canada Large Ag down about 15%; Sees U.S. & Canada Small Ag & Turf down about 10%; Sees Europe down about 15%; Sees South America down 15%-20%; Sees Asia down moderately. For Construction & Forestry: Sees U.S. & Canada construction equipment down 5%-10%; Sees U.S. & Canada compact construction equipment flat to down 5%; Sees global forestry down about 10%; Sees global roadbuilding flat to down 5%.
LUMN

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08:51 EDT Lumen selected by New Mexico education network for K-12 school connectivity - Lumen has been selected by the New Mexico Office of Broadband Access and Expansion to provide nearly 900 miles of high-speed fiber connectivity to K-12 public schools around the state, including charter and tribal schools. The three-year contract is worth more than $4.3M during the first phase, which will securely link approximately 15,000 students at all 27 public schools in the Gadsden Independent School District in Santa Teresa, N.M., and at three charter schools in Albuquerque-21st Century Public Academy, Mark Armijo Academy, and Mountain Mahogany Community School. The Statewide Education Network plans to interconnect all New Mexico schools by 2027.
DE

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08:47 EDT Deere sees FY24 Production & Precision Ag net sales down 20%-25% - Sees FY24 Small Ag & Turf net sales down 20%-25%. Sees FY24 Construction & Forestry net sales down 10%-15%. Fiscal-year 2024 net income attributable to Deere & Company for the financial services operations is forecasted to be approximately $720 million. Results are expected to be higher than fiscal year 2023 due to income earned on higher average portfolio balances, partially offset by a higher provision for credit losses and less-favorable financing spreads. A correction of the accounting treatment for financing incentives offered to John Deere dealers impacted 2023 financial results. The cumulative effect of this correction, $173 million pretax was recorded in the second quarter of 2023.
LMT LLAP

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08:42 EDT Lockheed Martin acquiring Terran Orbital for 25c per share - Lockheed Martin (LMT) signed a definitive agreement to acquire Terran Orbital (LLAP). Lockheed Martin uses Terran Orbital's satellites for its work, most notably with the Space Development Agency's Transport and Tracking Layer programs, and in several of its self-funded technology demonstrations. The enterprise value of the transaction is approximately $450M. Lockheed Martin will acquire Terran Orbital for 25c in cash for each outstanding share of common stock and retire its existing debt. This transaction also provides for Lockheed Martin and other current Terran Orbital creditors establishing a new, $30M working capital facility that has been put in place as of signing. The transaction is expected to close in Q4 . Upon closing, Terran Orbital will remain a commercial merchant supplier to industry.
SKWD

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08:41 EDT Skyward Specialty Insurance strengthens regional contract surety teams - Skyward Specialty Insurance Group announced the strategic addition of key surety professionals as it continues to strengthen its regional Contract Surety teams. In its Northeast region, Skyward Specialty welcomed Gregg Callahan as regional vice president in New England. Callahan spent the last 27 years at Liberty Mutual Insurance specializing in Contract Surety. The Company has hired Larry Mastalski as regional vice president in the Texas and Midwest territories. Sam Allison has joined Skyward Specialty as assistant regional vice president in Texas. Sean Fallows was hired as regional assistant vice president to develop the Company's western contract surety portfolio. In addition to these impressive leaders, the Company has added two new underwriters to fortify its underwriting bench strength in select regions. Joe Waynauskas joins as senior underwriter in the north-central region, and Joe Michalewsky, ASFB, joins the Northeast region as an underwriter.
HNRA

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08:40 EDT HNR Acquisition announces cost reductions, return of wells to production - HNR Acquisition announces key infrastructure improvements and upgrades to flowlines for producing wells which will increase production, and flowlines for water injection systems which will reduce monthly costs by $30K. Production well flowlines: At acquisition close, we had 20 wells down due to flowline issues. The flowlines delivering the produced fluids to the satellite test stations from these wells were not in reliable condition. Accordingly, the Company has purchased thousands of feet of upgraded flowline pipe and is in the process of replacing and upgrading the flowline pipe that runs to the satellite test stations. Approximately half of the flowline upgrades have been completed. Oil production is returning for those producing wells. Water injection flowlines: The Company's oil field maintains three water stations that feed water to injection wells that are used in our water flood operations. The main trunk flowline for the Skelly Water Station was inoperable. To furnish water to the injection wells, water has been trucked to the respective injection wells by the Company at a cost of $30K per month. The Company has replaced the applicable trunkline and flowlines, and is now installing the flanges and connectors to complete the upgrade project. Once completed and tested, the Company will be able to immediately cease the trucking of water and thereby cut field operating costs.
LODE

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08:38 EDT Comstock completes testing to validate renewable fuel yields - Comstock and its subsidiary, Comstock Fuels announced completion of testing to validate renewable fuel conversion yields of up to 125 gallons per dry ton of woody biomass on a gasoline gallon equivalent basis. Comstock Fuels offers advanced lignocellulosic biomass refining solutions that are now proven to produce renewable fuels at market-leading yields and carbon intensities, including ethanol, gasoline, renewable diesel, and sustainable aviation fuel. Comstock Fuels' processes are designed to be robust and highly-scalable to maximize optionality and throughput. These processes rely on modular integrations of mature process technologies with the flexibility to accept and fractionate all known species of woody biomass into intermediates for direct conversion into renewable fuels, including Comstock Fuels' proprietary hydrodeoxygenated Bioleum Oil, which is qualified today for use in producing advanced renewable fuels under ASTM D1655. Comstock Fuels' processes additionally incorporate variations of mature and widely-used hydroprocessing and cracking technologies to directly produce SAF and other advanced renewable fuels under D7566, subject to applicable approvals. Comstock Fuels' yields and carbon intensities generally vary based on feedstock selection and composition, site selection, and other factors. However, Comstock Fuels has now validated a baseline yield of 125 GGE and carbon intensity of 15 with a mixture of hardwood feedstock species, without emissions capture and conversion. Comstock Fuels is also currently evaluating modular integration of mature processes to capture and convert its biogenic carbon emissions into additional Bioleum derived fuels, thereby enabling increased yields approaching 150 GGE, or more than about 80% of the theoretical maximum yield from woody biomass.
ABVE

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08:38 EDT Above Food's recent asset acquisition epxands access to pet food market - Above Food Ingredients announced its plans to expand its market share across high-growth sectors, strengthen its North American footprint, and optimize production capabilities in connection with its recent announcement to acquire The Redwood Group, a Montana-based specialty crop food ingredient division. The acquisition, which was initially announced on August 9, 2024, was completed for consideration of US$34 million plus working capital, subject to final closing adjustments.
TIGO

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08:37 EDT Millicom announces extension of consent solicitations - Millicom International Cellular announced the extension of the period during which it will solicit consents from the holders of record on August 2, 2024 of its 6.625% Senior Notes due 2026, 5.125% Senior Notes due 2028 6.250% Senior Notes due 2029, 4.500% Senior Notes due 2031 and 7.375% Senior Notes due 2032 to amend certain provisions of the indentures governing the Notes. The consent solicitations for each series of Notes are being made solely on the terms and subject to the conditions set forth in the consent solicitation statement dated August 5, 2024, as amended by this announcement. Millicom hereby amends the Consent Solicitation Statement by extending the period during which it will solicit Consents to 5:00 p.m., New York City time, on August 23, 2024, unless further extended. Except as specifically provided herein, Millicom does not intend to, nor shall it, modify the Consent Solicitation Statement in any other manner.
BHAT

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08:37 EDT Blue Hat Interactive expands into gold trading with partnerships - Blue Hat Interactive Entertainment Technology is emerging as a key player in gold trading industry. As reported by Reuters, since August 1st, 2024, gold prices have exhibited a mix of volatility and upward trends, influenced by various economic and geopolitical factors. Blue Hat is now focusing on innovations in the commodity trading arena. The company is planning to integrate artificial intelligence to enhance its offerings, including an intelligent gold supply chain and recycling system, as well as a sophisticated gold derivatives trading platform.
NVVE

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08:35 EDT Nuvve and WISE EV team on public high-speed EV charging infrastructure - Electric vehicle drivers will soon have greater access to convenient public high-speed EV charging stations. Nuvve Holding and WISE EV have partnered to bring EV charging to more than 100 high-traffic locations across the country. "We're making EV adoption even more attractive to those with range anxiety," said Gregory Poilasne, CEO of Nuvve. "These charging stations have added value because they will not only serve the immediate needs of EV drivers but also will provide essential grid services by integrating Nuvve's V2G technology, stabilizing the electric grid during peak usage times." "This collaboration is about more than just technology; it's about bringing together two companies with a shared vision to fill the void in EV charging deserts throughout the country," said Kevin Williams, President/CEO of WISE EV. "This collaboration is a significant step forward in our mission to build a more resilient and sustainable energy future. The partnership marks a pivotal moment for both companies as we expand the reach, accessibility and impact of their technologies, creating a network of public chargers that will make a real difference for both underserved consumers and businesses."
CDZI

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08:35 EDT Cadiz announces Northern Pipeline contracted for 85% capacity - Cadiz has secured water purchase agreements for 85% of capacity of the company's "Northern Pipeline", bringing the cumulative total acre-feet per year under contract for delivery via the Northern Pipeline to 21,275 acre-feet per year. Under the five water supply agreements signed so far this year, the Project is expected to deliver an annual supply of water under "take-or-pay" contracts over 40 - 50 years. The company is in final stages of contracting for the remaining capacity of the Northern Pipeline and anticipates construction of the Project to begin in 2025 as planned with initial water delivery targeted for as early as 2026. Following construction of the Project, Cadiz expects to receive net revenue of approximately $850 per AF in 2024 dollars for water purchased under the agreements. When constructed, the Southern Pipeline, will extend 43-miles southeast from Cadiz to the Colorado River Aqueduct. Once fully online, the Project is expected to be the largest new groundwater banking operation in the Southwestern U.S.
GFAI

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08:34 EDT Guardforce AI expands AIoT Robot Advertising in U.S. - Guardforce AI announced the expansion of its Artificial Intelligence of Things, AIoT, Robot Advertising business into the U.S. market, beginning with the initial deployment of over 200 robots in New York. This significant milestone is a key step in Guardforce AI's broader strategy to expand its advertising business. Additionally, the Company has completed the proof-of-concept for a decentralized spatial computing solution on its robots, which is expected to launch in late August.
ROP

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08:33 EDT Roper Technologies to acquire Transact Campus for $1.5B - Roper Technologies has entered into a definitive agreement to acquire Transact Campus for a net purchase price of $1.5B, including a $100M tax benefit resulting from the transaction. The net purchase price represents approximately 14 times expected 2025 EBITDA. Transact is a provider of innovative campus technology and payment solutions, offering a comprehensive suite of services, including campus ID software and secure access, tuition and fees software and payment processing, as well as point-of-sale campus commerce solutions. Transact serves higher education institutions, healthcare facilities, and corporate campuses. The combined business will utilize both the Transact and CBORD brand names and be led by Transact's CEO, Nancy Langer, with CBORD's CEO, Dan Park, serving as COO. The transaction is scheduled to close in the immediate future and Roper will fund the acquisition using its cash on hand and revolving credit facility. Transact is expected to contribute approximately $325M of revenue and $105M of EBITDA in 2025, including cost synergies across the combined enterprise. Roper expects Transact to deliver long-term high single-digit organic revenue growth.
LFSWF

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08:29 EDT Lifeist Wellness chairman provides details on decision to sell CannMart - Chairmen Branden Spikes said, in part, "In response to inquiries from many of you, we wish to set forth the reasoning behind the strategic decision to divest Lifeist of CannMart via a sale to Simply Solventless Concentrates under the terms of the agreement set forth in our press release of June 25, 2024. The decision to sell CannMart is the result of careful consideration by the Lifeist Board with input from its advisors and is aimed at securing the near- and long-term viability and success of Lifeist for the benefit of all shareholders. As you all know, the regulatory framework under which Canadian public cannabis companies operate has proven to be prohibitively expensive for all public companies in the space in terms of ever being able to turn a profit. This experience has not been unique to Lifeist or CannMart: the vast majority of Canadian public cannabis companies, from the largest to the smallest, from generalists growing stadium-sized crops to specialists focused on extracts, distillates, beverages, and exotics, have been unable to turn a consistent profit. As a result, share prices across the entire sector have been in a long and grinding bear market for several years. The previously high-flying TSX Cannabis Index, after peaking in early 2021, was delisted in April 2023 after losing over 90% of its value. Success stories in the cannabis space have been few and far between, but SSC is clearly one of them. SSC have proven themselves capable of succeeding in an extremely challenging sector, returning profitable quarters repeatedly while growing their market. It is the considered position of the Board that the best chance of success for CannMart is as a part of SSC, and the best hope for Lifeist shareholders to enjoy capital appreciation on the value of the CannMart assets is similarly through their sale to SSC. Lifeist shareholders stand to benefit from this in four key ways: First and foremost, through the realization of direct value through the sale of CannMart to SSC: $500,000 payable upon the closing date. $1,500,000 plus applicable interest in a VTB loan, subject to adjustments as set forth in the share purchase agreement. $500,000 satisfied by the issuance of units, comprised of one common share and one-half purchase warrant to purchase one common share of SSC. SSC shall pay Lifeist 100% of the net revenue generated by the sale of 50% of existing inventory (presently estimated at $1,000,000 value), separate and in addition to any other fees. An earnout bonus of 20% of any revenue above $3,000,000 per quarter over the first 12 months. Second, through the divestiture of the consistent loss leader that CannMart has been and would otherwise continue to be for Lifeist under the presently applicable Canadian public cannabis company regulatory framework. This will remove the continued negative cash flow that the cannabis business has cost shareholders and give Lifeist its best chance at demonstrating positive cash flow. Third, through the opportunity for capital appreciation via the common shares and warrants that Lifeist will hold in SSC after the sale has been completed. It is worth noting that SSC shares have dramatically outperformed the sector as well as the broader market, rising nearly 50% just since the proposed CannMart transaction was announced on June 25th. Fourth, through the concentration of all resources on driving forward the success of Mikra Cellular Sciences, with no distractions in other sectors and ventures and substantially reduced costs as a result of that renewed singular focus. We are more confident than ever in Lifeist's roadmap to future cash flow positivity and profitability. The combination of this divestiture and several critical initiatives already underway at Mikra hold great promise for the realization of shareholder value in the near- and intermediate-term, and this proposed sale of CannMart is the key to opening the door to that future. We sincerely hope that shareholders will vote in favor of the proposed sale, and thus be positioned to benefit from its completion, and the survival and growth of your company."
WMT

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08:22 EDT Walmart seeing higher engagement across all income cohorts - Seeing continued market share gains. "Pleased" with trends in membership programs. Says e-commerce losses narrowing. Says "making good progress" on supply chain transformation. Expects 2H25 operating income to grow "slightly faster" than sales. Says in "good position" to achieve FY financial goals.
CNSP

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08:16 EDT CNS Pharmaceuticals sees cash runway through 1Q25 - As of June 30, 2024, the Company had cash of approximately $1.5 million. Between June 30, 2024 and August 14, 2024, the Company has raised total gross proceeds of approximately $12.4 million of financing, and has sufficient cash to fund its operations through the first quarter of 2025. The Company expects to be able to release final topline data from its potentially pivotal trial of Berubicin in the first half of 2025.
SCWO

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08:14 EDT 374Water, Inc. appoints Peter Mandel as general counsel - 374Water announced the appointment of Peter Mandel as General Counsel, effective August 19, 2024. Mandel will oversee the Company's legal functions while serving as a trusted adviser to the management team and Board of Directors as it scales its operations and commercializes its innovative technology. Previously, Mandel served as General Counsel at HALO Precision Diagnostics, where he led the legal function and provided guidance on risk mitigation and business operations, executed business transactions and advised the board on corporate governance matters
CMCXF

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08:13 EDT CMC Metals chairman John Bossio resigns - CMC is announcing changes to the Board of Directors. After 14 years of dedicated service on the Board, with the last 4 years as the role of Chairman, Mr. John Bossio has decided to resign from the Board to pursue personal activities. Mr. Bossio will remain as an Advisor to the Board. Mr. Bossio has been replaced by Mr. John Land as a Director of the Company.
CMCXF

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08:12 EDT CMC Metals acquires 16.05% interest in North Bay Resources - CMC Metals has acquired 1.12 billion common shares, equivalent to a 16.05% interest, in North Bay Resources. The common shares were acquired as a part of the agreement between NBRI and the Company, whereby NBRI acquired 55.5% of CMC's gold processing mill in Bishop California. CMC is also pleased to note that NBRI has made significant progress in advancing the reopening of the Bishop mill facility. NBRI has been advancing site improvements and working to acquire ore sources. NBRI recently announced that it has acquired a 100% interest in the Mount Vernon Mine in Sierra County from a private arms-length company. The Mount Vernon mine has been noted by NBRI to be a potential ore source for the mill. Mt. Vernon is a largely undeveloped deposit, proximate to some of the richest past producing gold mines in North America. Mt. Vernon is a permitted underground mine with modern portal, tunnel, ventilation. power, and equipment. The Company plans to commence a short mining test extraction immediately to confirm economics and then, provided the proposed mining activity proves viable, commence planned initial production of 100 tons per day shortly, pending minor infrastructure and permitting updates. NBRI intends to ship the ore to the Company's Bishop, California Gold Mill for processing, targeting initial net mine production of 3 truckloads per day, utilizing 30-ton triaxle dump trucks for delivery of feedstock to the mill. NBRI are taking a pragmatic risk managed approach to their overall plan and strategy in California, as there are significant tasks and hurdles involved in their multi-faceted operation and there is no assurance of an economic outcome.
TPST

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08:10 EDT Tempest announces feedback form End-of-Phase 2 meeting with FDA for TPST-1120 - Tempest Therapeutics announced positive feedback from its end-of-Phase 2 meeting with the U.S. Food and Drug Administration for amezalpat in combination with atezolizumab and bevacizumab to treat first-line unresectable or metastatic hepatocellular carcinoma. Key outcomes of the FDA meeting include: Agreement on Phase 3 study design, including the standard-of-care control arm and the primary and secondary study endpoints; Agreement on appropriateness of the current amezalpat dose and schedule for the Phase 3 study; Agreement on the Phase 3 statistical plan including a pre-specified early efficacy analysis that the company currently estimates could shorten the time to primary analysis by up to 8 months.
WMT

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08:10 EDT Walmart says not experiencing weaker consumer overall - Says inventories in good shape, merchandising improving. Says business outside the U.S. continues to lift the company. Says delivery and pick up continue to improve. Says GLP-1 drugs contributing to healthy sales in U.S. Comments taken from Q2 earnings conference call.
GENE

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08:09 EDT Genetic Technologies announces global launch of geneType on EasyDNA platform - Genetic Technologies announces the global launch of the geneType Risk Assessment portfolio on our wholly owned EasyDNA platform currently selling in 42 countries, setting the stage for the potential significant expansion of the Company's current A$7.5m annual revenues. This expansion allows the Company to promote and sell its most powerful geneType innovation on its most profitable channel to realise more than 70% gross margin. This key step change in conjunction with the Company's structural reset will reduce cash burn to under A$200k per month from the previous A$800k, driving the Company towards its profitability target.
ALL

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08:09 EDT Allstate announces $542M or $428M, after-tax catastrophe losses for July - The Allstate Corporation announced estimated catastrophe losses for the month of July of $542M or $428M, after-tax....Catastrophe losses for July include 20 events estimated at $587M with an initial loss estimate of $226M from Hurricane Beryl.
ABM

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08:08 EDT ABM awarded NASPO ValuePoint contract for EV charging solutions - ABM announces it has recently been awarded a NASPO ValuePoint contract for electric vehicle charging infrastructure. This important contract authorizes ABM to offer its industry-leading, single-source EV charging infrastructure solutions to state and local government and educational entities across the nation more efficiently and cost-effectively. "We're honored to be awarded a NASPO ValuePoint contract which recognizes our growing position and leading technology in the evolving EV landscape," stated Mark Hawkinson, ABM's President of Technical Solutions. "We believe our ability to now offer state and local government and educational institutions nationwide access to our single-source turnkey EV infrastructure solutions will help drive EV adoption rates while at the same time providing these governments and organizations cost-effectiveness, sustainability, and reliability."
CDPYF

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08:08 EDT Canadian Apartment Properties announces increased August distribution - Canadian Apartment Properties Real Estate Investment Trust announced its August 2024 monthly distribution in the amount of C$0.125 per Unit. The August 2024 distribution will be payable on September 16, 2024 to Unitholders of record at the close of business on August 30, 2024.
HOTH

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08:07 EDT Hoth Therapeutics and Aronnax sign master services agreement for HT-KIT - Hoth Therapeutics has entered into a Master Services Agreement with Aronnax for its HT-KIT cancer therapeutic. HT-KIT research to evaluate the efficacy of HT-KIT in cancerous and non-cancerous cells has demonstrated that HT-KIT effectively kills human mast cells that rely on signaling through the KIT receptor to survive. The effect of a single dose lasted for about two weeks, while reduced KIT expression lasted for 7 days. This result also demonstrated HT-KIT's potential to reduce KIT expression using GIST cells and kill within 48 and 72 hours along with lower KIT expression in AML cells over 72 hours. HT-KIT is being developed for the treatment of mast cell-derived cancers and anaphylaxis and previously received Orphan Drug Designation from FDA. This study will provide Hoth key metrics in both max dose and range finding elements which will help formulate its proposed clinical trial.
SLNO

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08:06 EDT Soleno appoints Bir to board of directors, Chairman Mario stepping down - Soleno Therapeutics announced updates to its Board of Directors. Dawn Carter Bir, a seasoned biotechnology executive with over 30 years of industry executive leadership and strategic experience, has been appointed to Soleno's Board of Directors. In addition, Board Chairman Ernest Mario, Ph.D. is stepping down from the Board due to health reasons. Current Board member Matthew Pauls, J.D., M.B.A. is assuming the role of Lead Independent Director. Bir recently served as Executive Vice President, member of the core executive team.
DUOL SONY

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08:06 EDT Duolingo partners with Sony Music to add recordings to music course - Duolingo (DUOL) announced a partnership with Sony Music (SONY) that brings popular songs to its Music course. This new feature is designed to make learning music more fun and engaging by incorporating well-known songs into the curriculum. More than 60 recordings from Sony Music artists, like Dove Cameron, Hozier, Meghan Trainor, Whitney Houston, and more, are now available so learners can study the foundations of music and practice their music theory skills, such as reading music, understanding note lengths, and differentiating notes by sound, sight, and key on a digital mobile piano.
BKYI AMZN

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08:05 EDT BIO-key's PortalGuard solution, identity-bound biometrics available on AWS - BIO-key International (BKYI) announced the availability of its PortalGuard IDaaS platform in the Amazon (AMZN) Web Services, AWS, Marketplace enabling AWS customers around the world to seamlessly purchase and integrate PortalGuard and its IBB authentication solutions into their enterprise. The AWS Marketplace partnership expands the visibility and reach of BIO-key's cutting-edge authentication security solutions to a broader range of customer prospects.
FCEL

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08:04 EDT FuelCell announces participation in World Brewing Congress - FuelCell Energy announced its participation in the World Brewing Congress, taking place August 17-20 in Minneapolis, Minn. The event will provide a platform for FuelCell Energy to showcase its innovative solutions for CO2 utilization and sustainability in the brewing, food, and agriculture industries. Countries and companies around the world are rushing to reduce their carbon footprints, particularly with respect to the energy, transportation, and heavy industry sectors. However, at the same time, there is a demand for a cleaner way of generating CO2. The certainty of supply and long-term pricing for CO2, especially in the food and beverage industry, is mission critical because CO2 provides the bubbles in beer, keeps steak fresh, helps process the sugar in dessert, and pH balances the water we drink. In fact, CO2 permeates the food chain and is a glue between manufacturers, processors, stores, restaurants, and the consumer. In recent years, there have been supply disruptions in the CO2 market for a variety of reasons - some temporary and others more lasting - that have made it harder for food and beverage companies to find the high-quality CO2 they need. Also, food and beverage companies are experiencing price spikes from industrial gas suppliers that directly impact food and beverage pricing. FuelCell Energy's technology enables food and beverage suppliers to eliminate these negative business challenges. FuelCell Energy's solution is also in step with the race for clean energy solutions to everyday problems. The company's patented molten carbonate fuel cell technology provides customers with three significant benefits from a single onsite system.
CCG

Hot Stocks

08:04 EDT Cheche Technology partners with Dongfeng Motor Group's insurance group - Cheche Group has entered into a partnership with Wuhan Dongfeng Insurance Broker. Dongfeng Insurance handles the insurance business for all brands affiliated with Dongfeng Motor Group, an automotive company with a 49.5% ownership stake in Dongfeng Insurance. Dongfeng Motor Group develops and brings brands to market like Fengdu, Aeolus, Forthing, VOYAH, M Hero, and NAMMI, while also marketing foreign-branded vehicles, such as Dongfeng Honda, Dongfeng Nissan and Dongfeng Peugeot-Citroen, through joint ventures. Cheche's initial brand launch is with Voyah, a luxury NEV brand in the Dongfeng Motor Group that recently engaged Cheche to provide national licensing and other comprehensive insurance services across China, including more than 900 Voyah delivery stores. The strategic partnership with Dongfeng Insurance enables Cheche to administer comprehensive insurance services.
AGYS

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08:04 EDT Agilysys appoints Joe Youssef as chief commercial officer - Agilysys announced Joe Youssef will join the company as senior VP, sales, Americas and EMEA and chief commercial officer. Youssef is stepping into the executive role held by Don DeMarinis since January 2018. Youssef will officially begin his tenure at Agilysys on August 19.
LDOS

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08:02 EDT Leidos awarded software development contract by National Institutes of Health - Leidos was recently awarded the eRA Agile Software Development Support contract by the National Institutes of Health, or NIH. Leidos will provide a range of software development and design services to support eRA and other NIH Office of Extramural Research systems. The contract has a maximum value of $326.5M over five years, if all options are exercised. The contract includes developing and maintaining eRA, NIH's customized enterprise-wide grants management system.
OCS

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08:01 EDT Oculis appoints Sharon Klier as CDO - Oculis Holding announced the appointment of Dr. Sharon Klier to the role of Chief Development Officer. In this key role, Dr. Klier will oversee and provide strategic leadership across the clinical development and operations of Oculis' robust ophthalmology pipeline. Before joining Oculis, she served as Chief Development Officer, Head of Ophthalmology at UNITY Biotechnology, where she played a key role in driving forward UNITY's pipeline.
JNJ...

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07:57 EDT Biden administration announces lower prices for 10 Medicare drugs in 2026 - The Biden-Harris Administration announced that it has reached agreements for new, lower prices for all 10 drugs selected for negotiations. "These negotiated drugs are some of the most expensive and most frequently dispensed drugs in the Medicare program and are used to treat conditions such as heart disease, diabetes, and cancer," the Department of Health and Human Services said in a statement. The new prices will go into effect for people with Medicare Part D prescription drug coverage beginning January 1, 2026. The negotiated prices range from 38% to 79% discounts off of list prices. About nine million people with Medicare use at least one of the 10 drugs selected for negotiation, according to the HHS. Publicly traded companies in the large pharma space include AstraZeneca (AZN), Bristol Myers (BMY), Eli Lilly (LLY), GSK (GSK), Johnson & Johnson (JNJ), Merck (MRK), Novartis (NVS), Pfizer (PFE), Roche (RHHBY) and Sanofi (SNY). Reference Link
GOVX SIGA

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07:52 EDT GeoVax shares jump after after Siga mpox study failure - Shares of Geovax Labs (GOVX) are moving higher after Siga Technologies (SIGA) announced topline results from a preliminary analysis of the PALM 007 study for the treatment of monkeypox virus. The National Institute of Allergy and Infectious Disease reported that the study did not meet its primary endpoint of a statistically significant improvement in time to lesion resolution within 28 days post-randomization for patients in the Democratic Republic of the Congo with monkeypox, who were administered Siga's tecovirimat. In December 2023, GeoVax amended a previously executed license agreement with the National Institute of Allergy and Infectious Diseases to expand the company's commercial license to include mpox and smallpox as additional indications. GeoVax shares are up 19% in premarket trading to $3.86 while Siga is down 2% to $11.70.
FTCI

Hot Stocks

07:50 EDT FTC Solar director Isidoro Quiroga Cortes resigns - FTC Solar announced that Isidoro Quiroga Cortes has resigned from the company's Board of Directors, effective August 11, 2024, after more than four years of service to the Board.
GILT

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07:49 EDT Gilat Satellite joins WAVE Consortium board - Gilat Satellite Networks announced its selection as a board member of the newly established Waveform Architecture for Virtualized Ecosystems Consortium. Gilat joins a distinguished group of board members committed to driving innovation in satellite communication networks through agile, scalable, and cost-effective infrastructure. Established in March 2024, the WAVE Consortium emerges at a critical juncture as the satellite communications industry aligns with the broader telecommunications sector. This alignment seeks to expand the reach and capabilities of satellite communications, meeting the ever-evolving demands for connectivity. Gilat's involvement with WAVE underscores its commitment to fostering an open, interoperable ecosystem that transcends traditional growth constraints. Gilat's Head of Research & Algorithms, Guy Levitas, and Chief Architecture Officer, Adi Adotler, will represent the company on the WAVE Consortium board.
CING

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07:48 EDT Cingulate issued European patent for CTx-1301 for ADHD - Cingulate was issued a European patent for its lead asset CTx-1301 for the treatment of Attention Deficit Hyperactivity Disorder. The patent application was granted on August 14, 2024, as EP Patent No. 3261625, and will include up to 30 European territories, including the United Kingdom. In addition to the European patent, Cingulate has patents in Australia, Canada and Israel, as well as pending patents in Hong Kong, the Republic of Korea, and the United States.
CVAC

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07:47 EDT CureVac CFO Pierre Kemula to depart - After eight years as CureVac's CFO, Pierre Kemula will leave CureVac at the end of his contract term on October 31, 2024. A search for his succession is ongoing.
CVAC

Hot Stocks

07:47 EDT CureVac sees cash runway into 2028 - CureVac has embarked on a transformative strategic restructuring to significantly increase efficiency and performance while focusing its resources on high-value mRNA projects in oncology, infectious diseases and other select areas of substantial unmet medical need. The strategic initiative includes a total workforce reduction of approximately 30% expected by the end of 2024 to create a leaner, more agile organization tailored to CureVac's business scope and pipeline priorities and dedicated to technology innovation, research and development. As a result of the restructuring, CureVac expects operational expenses to decrease by more than 30% from 2025 onward, including an annual decrease of personnel costs of approximately EUR 25 million. The company estimates that it will incur one-time restructuring charges of approximately EUR 15 million, including employee severance, benefits and related costs, which it expects to incur in the second half of 2024. These charges are subject to a number of assumptions, including local law requirements, and actual expenses may differ materially from the estimates. These cost savings, combined with revenue from the GSK licensing agreement, extend CureVac's expected cash runway into 2028. The company expects to provide additional financial and strategic updates during the Q3 earnings call in November 2024.
LYTS

Hot Stocks

07:43 EDT LSI Industries: Production schedules, supply chain issues impacted Lighting - "Within the Lighting segment, we experienced generally stable demand conditions across most of our vertical markets in the fourth quarter," stated Clark. "In fiscal 2024, sales were 4% below prior year, with LSI outperforming the broader market, capturing share in select vertical markets. Operating income for the year increased 5% driven by the 200-basis point increase in gross margin. Recent trends continue as project quotation levels remain steady; however, the quote-to-order conversion period remains extended, particularly for larger project activity. Construction schedule changes persist due to non-lighting supply chain issues together with availability of skilled labor. With lighting installation occurring in the late-cycle phase of construction, we continue to incur high levels of production schedule changes to our backlog, given changes in project timing. Pricing for project quotations remains stable and we expect that trend to continue in the first quarter of fiscal 2025.
KORE

Hot Stocks

07:38 EDT Kore Group announces restructuring plan - Kore Group is initiating a comprehensive restructuring plan expected to result in gross cash savings of $5M-$6M in 2024, and $20M-$22M annually thereafter. This cost alignment will be funded with a one-time restructuring cost of $4M-$5M. The plan includes cost reduction Initiatives by streamlining processes and reducing discretionary spending, rationalizing the workforce resulting in a full-time headcount reduction of approximately 25%, including both employees and individual contractor staff, increasing investment in products that are experiencing strong market adoption; improving support services, and increasing R&D to drive innovation and bring new, market-leading offerings to customers.
SIGA

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07:37 EDT Siga Technologies announces PALM 007 trial did not meet primary endpoint - The National Institutes of Health's, NIH, National Institute of Allergy and Infectious Diseases, NIAID, announced topline results from a preliminary analysis of the PALM 007 clinical trial. NIAID reported that the study did not meet its primary endpoint of a statistically significant improvement in time to lesion resolution within 28 days post-randomization for patients in the Democratic Republic of the Congo with monkeypox, who were administered SIGA's tecovirimat, a highly targeted antiviral treatment, versus placebo. All patients in this study were hospitalized for the entire duration of treatment. This study was not a registration study conducted under an U.S. FDA Investigational New Drug Application.A meaningful improvement was observed in patients receiving tecovirimat whose symptoms began seven days or fewer before randomization and in those with severe or greater disease, defined by the World Health Organization (WHO) as having 100 or more skin lesions. While more analysis is required, the Company believes these data support further trials to assess the potential benefit of tecovirimat in those who present to medical care soon after symptoms and in those with severe disease.
MDNA

Hot Stocks

07:37 EDT Medicenna Therapeutics appoints Karim Lalji to board of directors - Medicenna Therapeutics announced the appointment of Mr. Karim Lalji as a new addition to its Board of Directors effective as of August 14, 2024. In 2006, Mr. Lalji joined Cardiome Pharma Corp. as Chief Commercial Officer, facilitating a $1 billion licensing transaction with Merck, the largest licensing deal completed by a Canadian biopharma company at that time.
KORE

Hot Stocks

07:36 EDT Kore Group appoints Ron Totton as CEO - Kore Group appointed Ron Totton to the role of President and CEO, after a period of leading the company on an interim basis.
AVCNF

Hot Stocks

07:35 EDT Avicanna subsidiary completes export of Aureus branded CBG in Denmark - Avicanna announced that through its majority-owned subsidiary Santa Marta Golden Hemp SAS, the Company has completed the commercial export of Aureus branded products into Denmark. The commercial export of Aureus branded purified Cannabigerol, is a part of the Company's portfolio of cannabinoid active pharmaceutical ingredients, marks the 19th international market for Aureus-branded products and also marks the 22nd market for all Avicanna products. This new market entry into Denmark demonstrates the Company's expertise in navigating complex regulatory processes for its commercialization efforts internationally.
BFH

Hot Stocks

07:35 EDT Bread Financial reports July net loss rate 8% vs 7.4% last year - Reports End-of-period credit card and other loans $ 17.659B vs $ 17.963B last year
CVAC

Hot Stocks

07:31 EDT CureVac advances CVGBM to Part B of Phase 1 study in resected glioblastoma - CureVac announced the start of the dose-confirmation Part B of its ongoing Phase 1 study in patients with resected glioblastoma. CVGBM is CureVac's first investigational cancer vaccine based on its proprietary second-generation mRNA backbone. It encodes a single fusion protein comprising eight epitopes with demonstrated immunogenicity in glioblastoma. The open-label study is evaluating the safety and tolerability of CVGBM in patients with newly diagnosed and surgically resected MGMT-unmethylated glioblastoma or astrocytoma with a molecular signature of glioblastoma. CVGBM is administered as a monotherapy after surgical resection and completion of radiotherapy with or without chemotherapy. The study consists of two parts, a dose-escalation part and a dose-expansion part. Part A has successfully been completed and involved 16 patients, testing doses in the range of 12 to 100 microgram. A review of the safety data from Part A by the Data Safety Monitoring Board confirmed no dose-limiting toxicities. A 100 microgram dose was recommended for Part B of the study. Initial data on the dose-escalation Part A will be presented in an oral presentation at the European Society for Medical Oncology Congress on September 13, 2024.
CVAC

Hot Stocks

07:29 EDT CureVac appoints Mehdi Shahidi to supervisory board - CureVac named clinical oncologist Mehdi Shahidi, M.D., as an independent director to the company's Supervisory Board. Dr. Shahidi replaces Ralf Clemens, who served on the Supervisory Board from March 2016 through September 2023. Shahidi is currently the CEO of Petalion Therapeutics, a UK-based biotechnology company developing targeted dendrimer therapies in oncology as well as a Venture Partner at Medicxi, a leading European life sciences investment firm. Shahidi's appointment takes effect at the CureVac SE level as of beginning of September 2024, with his appointment in regard to CureVac N.V. to be considered at the next Annual General Meeting in June 2025.
BBU

Hot Stocks

07:21 EDT Brookfield Business Partners announces renewal of normal course issuer bid - Brookfield Business Partners announced that the Toronto Stock Exchange has accepted a notice filed by Brookfield Business Partners L.P. of its intention to renew its normal course issuer bid for its limited partnership units and a notice filed by Brookfield Business Corporation of its intention to renew its normal course issuer bid for its class A exchangeable subordinate voting shares. Brookfield Business Partners believes that the Units or the Exchangeable Shares, respectively, may from time to time trade in a price range that does not fully reflect their value and that, in such circumstances, the acquisition of Units or Exchangeable Shares, as applicable, may represent an attractive use of available funds. Brookfield Business Partners is authorized to purchase up to 3,714,088 Units and 3,647,722 Exchangeable Shares, representing up to 5% of the issued and outstanding Units and Exchangeable Shares, respectively. At the close of business on August 8, 2024, there were 74,281,766 Units and 72,954,447 Exchangeable Shares issued and outstanding. Under Brookfield Business Partners' normal course issuer bids, it may purchase up to 10,340 Units and up to 5,184 Exchangeable Shares on the TSX during any trading day, which represents 25% of the average daily trading volume of 41,360 Units and 20,738 Exchangeable Shares on the TSX for the six months ended July 31, 2024. Purchases under each normal course issuer bid are authorized to commence on August 19, 2024 and will terminate on August 18, 2025, or earlier should Brookfield Business Partners L.P. or Brookfield Business Corporation complete purchases under each respective normal course issuer bid prior to such date.
QNCX

Hot Stocks

07:21 EDT Quince Therapeutics announces Phase 3 ATTeST trial for A-T evaluated in Lancet - Quince Therapeutics announced the online publication of data in The Lancet Neurology from its Phase 3 ATTeST or Ataxia-Telangiectasia Trial with the EryDex SysTem clinical trial evaluating the safety and efficacy of its lead asset, EryDex or dexamethasone sodium phosphate encapsulated in autologous erythrocytes , for the treatment of A-T. "The results of this study demonstrate the encouraging efficacy and safety profile of our lead asset, EryDex, for the treatment of patients with A-T, a rare pediatric disease with vast unmet need and no approved treatments," said Dirk Thye, M.D., Quince's Chief Executive Officer and Chief Medical Officer. "These findings provide us with additional confidence in our pivotal Phase 3 study of EryDex now underway with a primary analysis population comprised of patients with A-T experiencing the most rapid clinical decline - children ages six to nine - in addition to including participants who are ten years of age or older."
AZN

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07:16 EDT AstraZeneca: IMFINZI gets priority review and BTD to treat LS-SCLC patients - AstraZeneca's supplemental Biologics License Application sBLA for IMFINZI durvalumab , based on the results from the positive ADRIATIC Phase III trial in patients with limited-stage small cell lung cancer LS-SCLC whose disease has not progressed following platinum-based concurrent chemoradiotherapy cCRT , has been accepted and granted Priority Review in the US. The Food and Drug Administration FDA grants Priority Review to applications for medicines that, if approved, would offer significant improvements over available options by demonstrating safety or efficacy improvements, preventing serious conditions or enhancing patient compliance.1 The Prescription Drug User Fee Act date, the FDA action date for their regulatory decision, is anticipated during the fourth quarter of 2024. IMFINZI was also recently granted Breakthrough Therapy Designation BTD by the FDA in this setting. BTD accelerates the development and regulatory review of potential new medicines intended to treat a serious condition and address a significant unmet medical need.
CLBT

Hot Stocks

07:16 EDT Cellebrite announces redemption of all outstanding warrants - Cellebrite DI will redeem all of its warrants to purchase ordinary shares of the Company that remain outstanding at 5:00 p.m. New York City time on September 16, 2024 for a redemption price of $0.10 per Warrant. The Warrants include the outstanding public warrants to purchase Ordinary Shares issued pursuant to that certain Assignment, Assumption and Amended and Restated Warrant Agreement, dated on August 30, 2021, between the Company and Equiniti Trust Company, which were originally issued by TWC Tech Holdings II Corp. in connection with its initial public offering and subsequently assumed by the Company and converted into warrants to purchase Ordinary Shares of the Company as a result of the Company's business combination with TWC which was consummated on August 30, 2021 for a redemption price of $0.10 per Public Warrant and the outstanding private placement warrants to purchase Ordinary Shares originally issued by TWC in a private placement transaction under the Private Placement Warrants Purchase Agreement, dated as of September 10, 2020, by and between TWC and TWC Tech Holdings II, LLC, and converted into warrants to purchase Ordinary Shares of the Company as a result of the Business Combination, on the same terms as the outstanding Public Warrants. Equiniti serves as warrant agent with respect to the Warrants.
VRTS

Hot Stocks

07:16 EDT Virtus Investment increases quarterly dividend 18% to $2.25 per share - Virtus Investment announced that its board of directors has declared a quarterly common stock cash dividend of $2.25 per share, representing an 18% increase from the previous quarterly dividend of $1.90 per share.
TLRY

Hot Stocks

07:15 EDT Tilray launches new THC infused sparkling beverages, topicals - Tilray Brands announced the expansion of its Solei cannabis product lineup. With the positive receptivity from their first initial launch of beverages last summer of 2023, Solei has launched two additional infused sparkling beverages with a focus on lower THC, and dominant CBD and CBG cannabinoids that now come in Blood Orange and Dark Cherry.
MAT BMWYY

Hot Stocks

07:15 EDT Mattel, BMW announce Uno for in-car gaming - Mattel (MAT), AirConsole, and BMW Group (BMWYY) announced that Mattel's Uno will be revealed next week for in-car gaming in Cologne, Germany at gamescom 2024. The game will roll out via the AirConsole platform to over 500,000 BMW and Mini vehicles over-the-air on August 21.
BMY

Hot Stocks

07:14 EDT Abata Therapeutics announces equity investment from Bristol Myers - Abata Therapeutics has received an equity investment from Bristol Myers Squibb to support the development of its Treg cell therapy products. Their investment supports Abata's continued advancement into the clinic, with trial initiation imminent for ABA-101 in progressive multiple sclerosis.
SLSR

Hot Stocks

07:14 EDT Solaris reports drill results from program at its Warintza Project - Solaris Resources reports drill results from its ongoing 60,000m and 8-rig drilling program at its Warintza Project in southeastern Ecuador. Additional drilling has extended near surface, high-grade mineralization to the north, northwest and southeast of the Mineral Resource Estimate. Ongoing drilling continues to focus on open lateral extensions of mineralization with infill drilling aimed at upgrading mineral resources and converting waste. The primary open vectors are to the northwest, southwest and to the southeast.
RNAZ

Hot Stocks

07:13 EDT Transcode Therapeutics announces Phase 1 trial initiation - TransCode Therapeutics announced initiation of its Phase 1 multicenter, open-label, clinical study of its lead therapeutic candidate, TTX-MC138. Two clinical trial sites have been activated with patient enrollment expected to begin during the current quarter. TransCode may activate a total of up to five clinical trial sites, all of which are expected to be activated this quarter.
WMT

Hot Stocks

07:12 EDT Walmart appoints Bob Moritz to board - Walmart announced that its board of directors has appointed Bob Moritz, retired chairperson of PricewaterhouseCoopers, as a new member of the company's board, effective immediately. Moritz becomes the 12th member of the Board. He will become a member of the audit committee and the technology and e-commerce committee.
QURE

Hot Stocks

07:12 EDT uniQure announces dosing of first patient in Phase I/IIa trial of AMT-191 - uniQure N.V. announced that the first patient has been dosed in a Phase I/IIa clinical trial of AMT-191 for the treatment of Fabry disease, a rare, inherited genetic disease. The Phase I/IIa study is a multi-center, open-label trial being conducted in the United States with two dose-escalating cohorts assessing the safety, tolerability and early signs of efficacy of AMT-191 in individuals with Fabry disease.
TRAW

Hot Stocks

07:06 EDT Traws Pharma announces upcoming milestones - Upcoming Milestones: Tivoxavir marboxi: Q4 2024: Announcement of topline Phase 1 dose extension results from Australia; Q4 2024/Q1 2025: Initiation of Phase 2 efficacy study. Ratutrelvir: Q4 2024: Announcement of topline results from Phase 1 SAD and MAD studies; Q4 2024/Q1 2025: Initiation of Phase 2 efficacy study. Narazaciclib: H2 2024: Release topline results from our Phase 1/2 study at an upcoming medical meeting. In addition, we plan to announce the recommended Phase 2 dose and initiate ISTs in multiple myeloma, breast cancer and other indications. Rigosertib: Continue to support the IST-led program, including compassionate use for patients with RDEB
GP

Hot Stocks

07:04 EDT GreenPower Motor to deliver five Type D BEASTs to California schools - GreenPower Motor Company announced it will deliver five Type D BEAST all-electric, purpose-built, zero-emission school buses to two school districts in California this week. Of the five BEASTs to be delivered this week, four will go to the Cutler-Orosi Joint Unified School District and the fifth to the Terra Bella Union Elementary School District. In addition to this week's deliveries, in the next few weeks GreenPower plans to deliver up to four more Type D BEAST all-electric, purpose-built, zero-emission school buses to California schools, and two BEASTs to schools in Oregon, with up to an additional 20 school buses expected to be delivered in California over the next 90 to 120 days.
CARR

Hot Stocks

07:01 EDT Carrier Global to sell Commercial and Residential Fire business for $3B - Carrier Global entered into a definitive agreement today to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3B. The sale announced today marks a critical milestone in Carrier's portfolio transformation, following the acquisition of Viessmann Climate Solutions in January and the successful divestitures of its Industrial Fire and Global Access Solutions businesses. The Commercial Refrigeration sale is on track to close around the end of the third quarter. Closing of the Commercial and Residential Fire business is expected by the end of 2024, subject to regulatory approvals and customary closing conditions. Following the acquisition of Viessmann Climate Solutions, Carrier has reduced its net debt by over $5 billion through the repayment of outstanding term loans and notes, including last week's successful tender for additional outstanding debt. As a result of significant de-leveraging this year, and consistent with prior messaging, Carrier expects to redeploy the estimated $2.2 billion in net proceeds from the transaction towards share repurchases.
TPR CPRI

Hot Stocks

06:51 EDT Tapestry says 'working expeditiously' to close Capri Holdings deal in 2024 - "On August 10, 2023, Tapestry (TPR) announced a definitive agreement to acquire Capri Holdings (CPRI), establishing a powerful global house of iconic luxury and fashion brands. Importantly, this transaction will bring significant benefits to the combined company's customers, employees, partners, and shareholders around the world. Further, the acquisition builds on Tapestry's track record as a consumer-centric brand-builder and disciplined operator and accelerates its strategic and financial growth agenda. On April 22, 2024, the Federal Trade Commission filed a lawsuit in an attempt to block the proposed acquisition. The company is confident in the merits and pro-competitive, pro-consumer nature of this transaction and looks forward to presenting its strong legal arguments in court, working expeditiously to close the transaction in calendar year 2024."
KALV

Hot Stocks

06:38 EDT KalVista's sebetralstat application validated by European Medicines Agency - KalVista announced that the European Medicines Agency - EMA - has validated the submission of a Marketing Authorization Application, or MAA, for sebetralstat, a novel, investigational oral plasma kallikrein inhibitor for the on-demand treatment of hereditary angioedema - HAE -. This application will now be reviewed by the EMA's Committee for Medicinal Products for Human Use under the centralized licensing procedure for all 27 Member States of the European Union, as well as the EEA countries Norway, Iceland and Liechtenstein. The MAA submission was supported by previously disclosed results in which sebetralstat met the primary endpoint for its phase 3 trial with both 300 mg and 600 mg formulations achieving the beginning of symptom relief significantly faster than placebo and was well-tolerated, with a safety profile similar to placebo. In June, KalVista submitted an NDA for sebetralstat to the FDA.
LMT GD

Hot Stocks

06:37 EDT Lockheed Martin, General Dynamics report strategic teaming agreement - Lockheed Martin (LMT) and General Dynamics (GD) announced this week the signing of a strategic teaming agreement for the production of solid rocket motors that will bring security and resiliency to a vital domestic supply chain. "Maintaining a robust and diverse supply chain for solid rocket motors is critical to advancing our 21st Century Security vision for a stronger, more resilient defense industrial base that keeps our customers around the globe ahead of emerging threats. This agreement enables Lockheed Martin and General Dynamics to ramp production of in-demand solutions more quickly going forward," said Tim Cahill, president of Lockheed Martin Missiles and Fire Control. Initial work will focus on the production of solid rocket motors for the Guided Multiple Launch Rocket System and will be performed at the General Dynamics facility in Camden, Arkansas starting in 2025. This project will be followed by a phased planning approach to transition to other products.
DE

Hot Stocks

06:37 EDT Deere backs FY24 net income view $7B - "In response to weak market conditions, we have taken steps to reduce costs and strategically align our production with customer needs," said May. "Although these decisions were difficult, they are vital for our continued success and competitiveness. Our commitment to our customers is at the heart of everything we do, and we are confident that these proactive measures will allow us to continue investing in innovative, high-quality products and solutions that improve our customers' lives."
PHGE

Hot Stocks

06:35 EDT BiomX announces 1-for-10 reverse stock split - BiomX announced that it intends to effect a one-for-ten reverse split of the company's common stock. The Common Stock will continue to trade on the NYSE American under the existing symbol "PHGE" and will begin trading on a split-adjusted basis when the market opens on August 26, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 09090D 301.
BABA

Hot Stocks

06:34 EDT Alibaba reports Q1 Cloud Intelligence Group revenue up 6% y/y - For the quarter ended June 30, 2024, revenue from Cloud Intelligence Group was $3.653B, a growth of 6% year-over-year. During this quarter, overall revenue excluding Alibaba-consolidated subsidiaries grew over 6% year-over-year, driven by double-digit public cloud growth and increasing adoption of AI-related products. AI-related product revenue continued to grow at triple-digits year-over-year. We will continue to invest in customers and technology, particularly in AI infrastructure, to increase cloud adoption for AI and maintain our market leadership. Alibaba Cloud has gained notable recognition as the cloud service provider of choice in China for AI training and applications. According to the recently released 2024 Gartner "Magic Quadrant for Data Science and Machine Learning Platforms" report, Alibaba Cloud has been mentioned as the only Asia-based cloud service provider among global players.
HAE

Hot Stocks

06:32 EDT Haemonetics announces full market release of Vascade MVP XL - Haemonetics announced the full market release of its Vascade MVP XL mid-bore venous closure system. The Vascade MVP XL system is now available to U.S. hospitals as the newest addition to Haemonetics' Vascade portfolio of vascular closure systems featuring an innovative collapsible disc technology and a proprietary resorbable collagen patch designed to promote rapid hemostasis.
FUN

Hot Stocks

06:04 EDT Six Flags Entertainment says seven new roller coasters to debut next year - Six Flags Entertainment announced an exciting lineup of park investments for 2025 that will immerse guests in one-of-a-kind thrills and fun. The investments include seven new roller coasters that promise to redefine the park experience, along with an expanded roster of popular seasonal events and a wide array of new food and beverage offerings. Six Flags will also introduce an expanded All Park Passport Add-On that gives Gold and Prestige Passholders and Members unlimited admission and parking to all 42 of the company's amusement and water parks. The All Park Passport Add-On is now on sale across all Six Flags parks at prices ranging from $65 to $125 depending on the Passholders' Pass or Membership level and purchase location. The All Park Passport Add-On is valid for the remainder of the 2024 season at the legacy group of parks based on purchase location. Beginning January 6, 2025, the All Park Passport Add-On can be used at all combined Six Flags parks and water parks.
FFIE

Hot Stocks

06:03 EDT Faraday Future announces reverse stock split, authorized share reduction - Faraday Future intends to implement a reverse stock split of the issued and outstanding shares of the company's common stock, par value $0.0001 per share, at a ratio of 1-for-40, expected to become effective at 5:00 p.m. ET on August 16. The company's common stock is expected to begin trading on a split-adjusted basis commencing upon market open on August 19. As a result of the reverse stock split, every 40 shares of the Company's issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock. The company's Class A common stock will trade under a new CUSIP number, 307359 885, effective August 19, and remain listed on Nasdaq under the symbol "FFIE." The company's Class B common stock will have a new CUSIP number, 307359 877, effective August 19. The company's publicly traded warrants will continue to be traded on the Nasdaq Capital Market under the symbol "FFIEW" and the CUSIP number for the warrants will remain unchanged. For the Company's warrants trading under the symbol "FFIEW", every 40 warrants will be exercisable for one share of Class A common stock at an exercise price of $110,400 per share of Class A common stock. In addition, the authorized shares of common stock will be reduced from 4,169,812,500 to 104,245,313. The reverse stock split impacts all holders of the company's common stock proportionally and will not impact any stockholder's percentage ownership of the company's common stock.
NICE SAP

Hot Stocks

05:48 EDT Nice appoints Scott Russell as CEO - Nice (NICE) announced that its board of directors has appointed Scott Russell as the company's new CEO, effective January 1 2025, to succeed Barak Eilam, who, as previously announced, will retire and step down by the end of 2024 after more than 10 years as CEO and 25 years at Nice. For the last 14 years, Russell was at SAP (SAP), most recently as a member of the executive board of the company and global chief revenue officer.
LDOS

Hot Stocks

05:11 EDT Leidos receives EU Standard 2.1 certification for Pro:Vision - Leidos has received the EU Standard 2.1 certification for its Pro:Vision three people screening system from the European Civil Aviation Conference, or ECAC. The ECAC Common Evaluation Process, or CEP, of Security Equipment Certification for Security Scanners, or SSc, is a globally recognized, and often required, certification to sell and operate these types of security devices within the European Union.
BA

Hot Stocks

05:06 EDT Boeing announces EL AL Israel Airlines order for 31 737 MAX jets - Boeing and EL AL Israel Airlines confirmed the Israeli flag carrier finalized an agreement for up to 31 737 MAX jets, supporting the airline's plans to renew its fleet of Next-Generation 737 airplanes. In particular, the 737 MAX will reduce fuel use and emissions 20% compared to the airplanes it replaces and have a 50% smaller noise footprint.
IBKR

Hot Stocks

05:02 EDT Interactive Brokers expands overnight trading offering - Interactive Brokers announced the expansion of its overnight trading offering to include Contracts for Difference, or CFDs, on U.S. stocks and ETFs. In addition to U.S. Stocks, ETFs, and Index Options, this expansion allows clients to trade CFDs on US equities around the clock, five days a week.