Stockwinners Market Radar for August 16, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BETR

Hot Stocks

19:50 EDT Better Home & Finance Holding Co trading halted, news pending
FFIE

Hot Stocks

19:50 EDT Faraday Future Intelligent Electric trading halted, news pending
ALGS

Hot Stocks

19:50 EDT Aligos Therapeutics trading halted, news pending
AOGO

Hot Stocks

18:55 EDT Arogo Capital Acquisition receives Nasdaq delisting notice - Arogo Capital Acquisition Corp. announced that it received a notice from the Nasdaq Stock Market on August 12, notifying the company that, based on the market value of publicly held shares for the previous 30 consecutive business days, the company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), which requires the company's listed securities to maintain a minimum market value of publicly held shares of $15M. The notice has no immediate effect on the listing of the company's securities on Nasdaq. The company intends to monitor the market value of the company's listed securities and may, if appropriate, consider available options to regain compliance with the MVPHS Rule.
PL

Hot Stocks

17:58 EDT Planet Labs launches first Tanager-1, 36 SuperDoves with SpaceX - Planet Labs announced that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves were successfully launched into orbit during the Transporter-11 Rideshare mission with SpaceX, which lifted off from Vandenberg Space Force Base on Friday, August 16. The Planet team has successfully made contact with Tanager-1 and started its commissioning process.
SPIR

Hot Stocks

17:43 EDT Spire Global launches seven LEMUR satellites on SpaceX Transporter-11 mission - Spire Global successfully launched seven satellites on the SpaceX Transporter-11 mission, which launched from Vandenberg Space Force Base in California on August 16. This marks Spire's third launch of 2024 and the 41st in the company's history, bringing the total number of Spire satellites launched to 196. These newly launched LEMUR satellites, ranging from 3U- to 16U-sized satellite buses, are designed for a wide range of applications that include data to improve weather forecasting, global soil moisture analysis and maritime ship tracking. The satellites will also serve missions for Space Services customers.
ALG

Hot Stocks

17:26 EDT Alamo Group sells Herschel Parts business to F.P. Bourgalt Tillage Tools - Alamo Group announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd. Herschel Parts, a manufacturer of high-quality agricultural replacement and wear parts based in Indianola, Iowa, was originally acquired by Alamo Group in 1995 and represented a small part of Alamo Group's Vegetation Management Division. Terms of the transaction were not disclosed.
RTX

Hot Stocks

17:26 EDT RTX awarded $231.94M Navy contract modification - RTX was awarded a $231.94M firm-fixed-price modification to a previously award contract for FY24 Navy, Federal Republic of Germany, and Foreign Military Sales procurements for the Rolling Airframe Missile Block 2/2A/2B guided missile round pack, spare replacement components, and recertification. Work is expected to be completed by July 2028. This contract was not competitively procured in accordance with 10 U.S. Code 2304(c) (4), International Agreement. Naval Sea Systems Command is the contracting activity.
UBER

Hot Stocks

17:05 EDT S&P raises issuer credit rating on Uber to 'BBB-' from 'BB+' - S&P stated: "Uber Technologies continues to improve profit margin and free cash flow that we expect it will sustain. Additionally, Uber's management has a strong commitment to maintain conservative financial policies, providing further credit support. As a result, we expect Uber to maintain a stronger balance sheet, further improve debt to EBITDA below 1x, and sustain free operating cash flow to debt above 40% in the next 12-24 months. This performance is in line with our previous expectations for an investment-grade rating. We raised our issuer credit rating on Uber to 'BBB-' from 'BB+'. At the same time, we raised our issue-level ratings on Uber's senior unsecured debt to 'BBB-' from 'BB'. Our 'BBB-' rating on its secured debt is unchanged. The outlook is positive and indicates upward rating potential over the next 12-24 months if Uber's financial performance continues to improve in line with our forecast as it navigates an evolving regulatory and technology landscape."
AIOT

Hot Stocks

17:03 EDT PowerFleet receives noncompliance notice from Nasdaq - Powerfleet announced that the company received, as expected, written notices from Nasdaq, notifying the company that it did not timely file its Transition Report on Form 10-KT for the transition period ended March 31 and its quarterly report on Form 10-Q for the quarter ended June 30, as required for continued listing on Nasdaq.
RILY

Hot Stocks

17:03 EDT B. Riley Financial confirms unsolicited proposal to be taken private - B. Riley Financial announced that its Board of Directors has received an unsolicited preliminary, non-binding letter of proposal, dated August 16, 2024, from the company's founder, chairman and co-CEO, Bryant Riley, to acquire the outstanding shares of the company not currently owned by Riley, in a transaction to take the company private, at a proposed purchase price of $7.00 per share. According to the proposal, Riley intends to finance the transaction with debt and, potentially, equity from third party capital providers. The proposed transaction would be subject to the "majority of the minority" stockholder approval, and other customary conditions. The proposed transaction would not be subject to a financing condition. The company's Board of Directors expects to establish a Special Committee consisting of independent directors with its own advisors to carefully evaluate the proposal and determine the appropriate course of action and process. There is no assurance that the proposal will result in a transaction.
ECDA

Hot Stocks

16:49 EDT ECD Automotive Design receives delisting notice from Nasdaq - ECD Automotive Design announced that the company received a delisting notice from Nasdaq. As previously disclosed, the company received a notice from Nasdaq stating that the company's listed securities failed to comply with the $50,000,000 market value of listed securities requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5450(b)(2)(A). The company was provided a period of 180 calendar days, or until August 12 in which to regain compliance.
ERIC

Hot Stocks

16:48 EDT Ericsson announces sale of iconectiv - Ericsson announces that it has entered into a binding agreement with Koch Equity Development LLC in relation to the sale of iconectiv. Ericsson's cash benefit from the Transaction, after the settlement of anticipated taxes, transaction expenses, and other liabilities, is expected to be approximately $1B. Ericsson expects to record a one-off EBIT benefit of approximately $0.8B on closing of the Transaction. The Transaction is subject to customary closing conditions, including regulatory approvals, with completion targeted during the first half of calendar 2025. iconectiv is consolidated by Ericsson and reported within Segment Enterprise. iconectiv's contribution to Ericsson 2023 net income was approximately $0.1B. iconectiv is a U.S. subsidiary of Ericsson acquired in 2012 as part of the Telcordia acquisition. Since 2017, iconectiv has been co-owned with private equity firm Francisco Partners. iconectiv serves over 5,000 customers across various sectors as a leading provider in number portability solutions, and a provider of core network and operations management, numbering and data exchange services as its main segments, and with limited strategic synergies with the rest of Ericsson's portfolio.
FUBO...

Hot Stocks

16:41 EDT FuboTV releases statement after winning preliminary Venu Sports injunction - FuboTV (FUBO) has been successful in stopping the launch of The Walt Disney Company (DIS), FOX Corp. (FOXA) and Warner Bros. Discovery's (WBD) Venu Sports joint venture after its request for a preliminary injunction was approved by the U.S. District Court, Southern District of New York today. The ruling is significant as Fubo fought against three of the world's biggest media conglomerates to create a more competitive streaming marketplace for consumers. David Gandler, Fubo co-founder and CEO, commented: "Today's ruling is a victory not only for Fubo but also for consumers. This decision will help ensure that consumers have access to a more competitive marketplace with multiple sports streaming options. But our fight continues. Fubo has said all along that we seek equal treatment from these media giants, and a level playing field in our industry. The proposed joint venture was only the latest example of anticompetitive practices that The Walt Disney Company, FOX Corp. and Warner Bros. Discovery have consistently engaged in for many years. We believe these practices monopolize the market, stifle competition and cheat consumers from deserved choice. A fair and competitive marketplace is necessary to provide consumers with multiple, robust and more affordable sports streaming options. We will continue to fight for fairness and for what's best for consumers." Fubo had sought to stop the launch of the JV that would have controlled roughly 60%-80% of live broadcast sports content, according to its partners. Fubo presented evidence of the JV's primary effect of limiting competition, removing consumer choice, and ultimately leading to steep price hikes for consumers and boosting profits for the partners. Fubo's goal is to ensure a competitive sports streaming marketplace that offers consumers choice, affordable pricing, flexibility and innovation. All distributors should have the opportunity to compete in a fair market, according to Fubo. Fubo also intends to move forward with its lawsuit against the JV partners and their affiliates for antitrust practices. The suit, filed February 20, alleges that the vertically-integrated media companies have engaged in a years-long campaign to block Fubo's innovative sports-first streaming business resulting in significant harm to both Fubo and consumers. A court date for the antitrust lawsuit has not yet been announced.
XPER AMZN

Hot Stocks

16:36 EDT Xperi sells Perceive Corporation assets to Amazon for $80M - In a regulatory filing, Xperi disclosed that it and its subsidiary Perceive Corporation, of which the company owns approximately 76.2% of the equity interests, entered into an asset purchase agreement with Amazon.com Services pursuant to which buyer has agreed to purchase and assume from Perceive substantially all the assets and certain liabilities of Perceive for $80M in cash, including a holdback to secure the company's and seller's indemnification obligations. The agreement contains customary representations, warranties and covenants, including seller covenants to conduct its business in the ordinary course until the closing of the transaction and restrictive covenants that limit the company and seller from engaging in certain business activities for three years following the closing. The closing is subject to certain conditions, including specified regulatory conditions and, subject to materiality exceptions, the accuracy of each party's representations and warranties and each party's compliance with its obligations and covenants under the agreement. The parties may terminate the agreement only in specified circumstances, including if the closing has not occurred on or before the date that is ninety days after the execution date of the agreement, or six months after the execution date of the agreement in the case of certain regulatory conditions to closing.
CBOE

Hot Stocks

16:35 EDT Cboe Global Markets increases share repurchase program, quarterly dividend - Cboe Global Markets announced its board of directors has authorized the company to repurchase up to an additional $500M of its outstanding common stock and declared an increased quarterly cash dividend of 63c per share of common stock for the third quarter of 2024. The increased third-quarter dividend, representing a 15% increase from the prior quarter's dividend of 55c per share, is payable on September 13 to stockholders of record as of August 30. As of July 31, the company had $179.8M of availability remaining under its existing share repurchase authorizations.
SPRC

Hot Stocks

16:32 EDT SciSparc signs exclusive patent license agreement with Polyrizon - SciSparc announced that it has signed an Exclusive Patent License Agreement with Polyrizon Ltd. for the out-licensing of its SCI-160 program for the treatment of pain. According to the License Agreement, Polyrizon will receive exclusive, royalty-bearing global license to develop and sublicense the Assets. In exchange, SciSparc would be entitled to receive consideration in the form of Polyrizon securities valued at $3 million, as well as potentially milestone fees of approximately $3M in cash, if certain development milestones will be met, as well as royalties. SCI-160 is an innovative, proprietary synthetic combination of cannabinoids and N-acylethanolamines in the field of pain treatment. Based on numerous pre-clinical studies conducted by the company, several proprietary combinations have been found to be involved in mediating analgesic effects in the peripheral nervous system without causing significant side effects in both acute and chronic pain.
TRUE

Hot Stocks

16:19 EDT TrueCar names Jill Angel as COO, effective immediately - TrueCar announced that its Chief People Officer & Operations, Jill Angel, has been appointed as COO, effective immediately. In this position, Angel is expected to continue to play a significant role in TrueCar's efforts to meet its long-term operational goals and oversee TrueCar's sales operations, dealer services and people function. Angel will continue reporting to TrueCar's President and Chief Executive Officer, Jantoon Reigersman
ABIO

Hot Stocks

16:17 EDT ARCA Biopharma declares special dividend of $1.59 per share - ARCA biopharma announced that its Board of Directors has declared a special cash dividend in connection with the previously announced merger with Oruka Therapeutics, pursuant to the Agreement and Plan of Merger and Reorganization, dated April 3. The Special Dividend, which ARCA estimates will be $1.59 per share of ARCA's common stock, will be payable in cash to the stockholders of record as of August 26, 2024. The exact amount of the Special Dividend will be calculated pursuant to the Merger Agreement and based on ARCA's reasonable, good faith approximation of the amount by which ARCA's net cash, as determined prior to the closing of the Merger, will exceed $5,000,000. Total actual distribution of the amount of the Special Dividend could be higher or lower than $1.59 per share and the estimate for amount to be distributed to stockholders could change. The payment date in respect of the Special Dividend is scheduled for August 28, 2024. Payment of the Special Dividend is conditioned upon approval by the ARCA stockholders of the Merger, which ARCA's stockholders will consider and vote upon at the special meeting of ARCA stockholders scheduled for 9:00 a.m. MT on August 22, 2024. Closing of the Merger is expected to occur on August 29, 2024 assuming that the transaction is approved by ARCA's stockholders and the satisfaction or waiver of all conditions under the Merger Agreement.
CMND

Hot Stocks

16:15 EDT Clearmind Medicine submits patent application under PCT - Clearmind Medicine announced the submission of a patent application under the international Patent Cooperation Treaty as part of the company's ongoing collaboration with the with Yissum Research Development Company of the Hebrew University of Jerusalem pursuant to the exclusive licensing agreement that the company entered into with Yissum. This patent application refers to generation 3.0 of psychedelic compounds, methods of their preparation and uses thereof in the treatment of mental disorders and was developed by Prof. Dmitry Tsvelikhovsky of the Hebrew University of Jerusalem. The PCT submission will allow the company to proceed to the national phase, which involves submitting applications to regional offices in various countries to seek patent protection in major jurisdictions like the US, Europe, China and India.
CMP

Hot Stocks

16:14 EDT Compass Minerals receives noncompliance notification from Nasdaq - Compass Minerals received written notice from the NYSE that, because the company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended June 30 with the SEC, the company is not in compliance with the continued listing requirements under Section 802.01E of the NYSE Listed Company Manual, which requires NYSE-listed companies to timely file all periodic reports with the SEC.
TOVX

Hot Stocks

16:07 EDT Theriva Biologics announces 1-for-25 reverse stock split - Theriva Biologics announced a reverse stock split of its issued and outstanding common stock at a ratio of one share of common stock for every twenty five shares of common stock, effective as of 12:01 a.m. (Eastern Time) on August 26. The company's common stock will begin trading on a split-adjusted basis when the market opens on August 26. The reverse stock split was authorized by the company's Board of Directors on August 15. Pursuant to the laws of the State of Nevada, the company's state of incorporation, the company's Board of Directors has the authority to effect a reverse stock split without shareholder approval if the number of authorized shares of common stock and the number of outstanding shares of common stock are proportionally reduced. The company will file a certificate of change to its articles of incorporation, as amended, with the Secretary of State of Nevada to effect the reverse stock split. The company's common stock will continue to trade on the NYSE American under the stock ticker "TOVX" but will trade under the new CUSIP number 87164U 508.
SAMG

Hot Stocks

16:02 EDT Silvercrest Asset announces $12M share repurchase program - Silvercrest Asset Management Group announced that the company's Board of Directors authorized a common stock repurchase program. Under the program, the company may purchase up to $12M of its Class A common stock over the next 12 months, as market conditions warrant.
FOX...

Hot Stocks

15:57 EDT Venu Sports partners appealing today's preliminary injunction - In a joint statement, Fox Corp. (FOX), Disney's ESPN and Warner Bros. Discovery, the Venu Sports partners, said: "We respectfully disagree with the court's ruling and are appealing it. We believe that Fubo's arguments are wrong on the facts and the law, and that Fubo has failed to prove it is legally entitled to a preliminary injunction. Venu Sports is a pro-competitive option that aims to enhance consumer choice by reaching a segment of viewers who currently are not served by existing subscription options."
FUBO...

Hot Stocks

15:31 EDT FuboTV jumps after judge blocks Venu Sports week before launch - District Judge Margaret Garnett ruled in favor of FuboTV (FUBO) by issuing a preliminary injunction blocking Fox Corp. (FOXA), Warner Bros. Discovery (WBD) and Disney (DIS) from launching their Venu Sports streaming service one week before its launch The three companies "exercise near-monopolistic control over the ability for a different live-sports-only streaming service to exist and compete with" them, Garnett wrote. Shares of FuboTV are up 21% to $1.59 following the ruling. Reference Link
FUBO...

Hot Stocks

15:23 EDT FuboTV jumps 18% to $1.55 after judge blocks Fox, Disney sports venture
EGBN

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15:03 EDT EagleBank names Kevin Geoghegan as Chief Credit Officer - Eagle Bancorp announced Chief Credit Officer Janice "Jan" Williams will be retiring from EagleBank on June 30, 2025. Jan will work to assist in the transition of duties and responsibilities to Kevin Geoghegan who will be joining EagleBank on September 3, 2024, as Chief Credit Officer.
CLF

Hot Stocks

13:41 EDT Cleveland-Cliffs, UAW Local 600 ratify four-year labor contract - Cleveland-Cliffs announced that its employees represented by the United Auto Workers Local 600 have ratified a four-year labor contract for its Dearborn Works operations. The new contract is effective through July 31, 2028, and will cover approximately 1,000 UAW-represented workers at Dearborn.
ORKT

Hot Stocks

13:22 EDT Orangekloud Technology Inc trading resumes
ORKT

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13:17 EDT Orangekloud Technology Inc trading halted, volatility trading pause
BKR

Hot Stocks

13:01 EDT Baker Hughes reports U.S. rig count down 2 to 586 rigs - Baker Hughes reports that the U.S. rig count is down 2 from last week to 586 with oil rigs down 2 to 483, gas rigs up 1 to 98 and miscellaneous rigs down 1 to 5. The U.S. Rig Count is down 56 rigs from last year's count of 642 with oil rigs down 37, gas rigs down 19 and miscellaneous rigs unchanged. The U.S. Offshore Rig Count is unchanged at 19, up 2 year-over-year. The Canada Rig Count is unchanged from last week at 217, with oil rigs up 4 to 151, gas rigs down 3 to 66 and miscellaneous rig down 1. The Canada Rig Count is up 28 from last year's count of 189, with oil rigs up 32, gas rigs down 4 and miscellaneous unchanged.
BKR

Hot Stocks

13:01 EDT Baker Hughes reports U.S. rig count down 2 to 586 rigs
MGEE

Hot Stocks

12:24 EDT MGE Energy raises quarterly dividend 5.3% to 45c per share - The board of directors of MGE Energy increased the regular quarterly dividend rate 5.3% to 45c per share on the outstanding shares of the company's common stock. The dividend is payable Sept. 15, 2024, to shareholders of record Sept. 1, 2024. This raises the annualized dividend rate by 9c from $1.71 per share to $1.80 per share.
ASPN

Hot Stocks

12:02 EDT Aspen Aerogels rises 10.4% - Aspen Aerogels is up 10.4%, or $2.54 to $26.95.
EBS

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12:01 EDT Emergent BioSolutions rises 16.1% - Emergent BioSolutions is up 16.1%, or $1.39 to $10.05.
HRB

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12:01 EDT H&R Block rises 16.6% - H&R Block is up 16.6%, or $9.54 to $67.03.
WOLF

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12:00 EDT Wolfspeed falls -7.7% - Wolfspeed is down -7.7%, or -$1.02 to $12.21.
GCTS

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12:00 EDT GCT Semiconductor falls -8.7% - GCT Semiconductor is down -8.7%, or -33c to $3.46.
SNDA

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12:00 EDT Sonida Senior Living falls -17.2% - Sonida Senior Living is down -17.2%, or -$5.50 to $26.50.
RGEN MRVI

Hot Stocks

11:55 EDT Repligen drops 9%, Maravai rallies 17% following Reuters report
MRVI

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11:45 EDT Maravai LifeSciences trading resumes
MRVI

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11:35 EDT Maravai LifeSciences trading halted, volatility trading pause
UBXG

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11:34 EDT U-BX Technology Ltd trading resumes
UBXG

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11:24 EDT U-BX Technology Ltd trading halted, volatility trading pause
OSIIF

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11:05 EDT Osino Resources, Shanjin obtain Namibian Competition approval for transaction - Osino Resources announced that, in connection with the previously announced statutory plan of arrangement under Business Corporations Act, pursuant to which Shanjin International Gold, will acquire all of the outstanding common shares of Osino for cash consideration of C$1.90 for each Osino Share, all as more particularly described in Osino's management proxy circular dated March 25, 2024, Osino and Shanjin have obtained the approval of the Namibian Competition Commission. The approval of the NCC was the final outstanding approval to conclude the Arrangement. The closing of the Arrangement will occur on or before August 29, 2024.
GEVO

Hot Stocks

11:05 EDT Gevo wins $16.8M grant from FAA to convert facility to alcohol-to-jet production - The Federal Aviation Administration announced $291M from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050 as part of President Biden's Investing in America Agenda. "The Biden-Harris Administration is committed to enhancing the safety, sustainability and efficiency of our national air transportation system-and reaching our mid-century target of net-zero emissions," said U.S. Secretary of Transportation Pete Buttigieg. "These grants will help put the world on a path toward decarbonizing aviation while fostering domestic economic growth and ensuring the U.S. retains its global leadership in aviation." Example grant awards include: $16.8M to Gevo, Inc. to convert an existing fuel facility in Luverne, Minnesota, to a fully integrated alcohol-to-jet production facility for SAF production. Reference Link
VRNOF

Hot Stocks

10:19 EDT TYSON 2.0 announces further expansion in Florida, Illinois with Verano - TYSON 2.0 announced its further expansion into Florida and Illinois with Verano. TYSON 2.0 will leverage Verano's extensive network and operational expertise to broaden its saturation of Florida and Illinois markets. Verano's cultivation facilities and dispensaries will play a crucial role in scaling TYSON 2.0's impact, ensuring that cannabis enthusiasts in these key markets can access the premium products that define the brand. TYSON 2.0's Mike Bites edibles are now available in both markets. Additionally, vape cartridges are currently available in Illinois with plans to launch in Florida later this year.
BSLK

Hot Stocks

10:19 EDT Bolt Projects Holdings Inc trading resumes
FSLY

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10:18 EDT Fastly moves higher after amending bylaws - Fastly disclosed last night that it amended and restated its bylaws, effective immediately, to among other things: provide the board with the right to postpone, reschedule, or cancel any previously scheduled meeting of stockholders; establish additional requirements and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder's solicitation of proxies; require that any stockholders directly or indirectly soliciting proxies from other stockholders must use a proxy card color other than white, with the white proxy card being reserved for exclusive use by the board. Fastly shares are up 2% to $6.40 in morning trading.
FSLY

Hot Stocks

10:18 EDT Fastly moves higher after amending bylaws - Fastly disclosed last night that it amended and restated its bylaws, effective immediately, to among other things: provide the board with the right to postpone, reschedule, or cancel any previously scheduled meeting of stockholders; establish additional requirements and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder's solicitation of proxies; require that any stockholders directly or indirectly soliciting proxies from other stockholders must use a proxy card color other than white, with the white proxy card being reserved for exclusive use by the board. Fastly shares are up 2% to $6.40 in morning trading.
BSLK

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10:09 EDT Bolt Projects Holdings Inc trading halted, volatility trading pause
SCSC

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10:03 EDT Scansource acquires Advantix, forms Integrated Solutions and Services Group - ScanSource announced the creation of its Integrated Solutions and Services group. The ISS group is focused on developing solutions and services that will provide hardware value-added resellers the opportunity to wrap additional value around their hardware offerings. As the launching point for this new group, ScanSource has acquired Advantix, a VAR-focused, managed connectivity experience provider specializing in wireless enablement solutions. ScanSource has been working with Advantix for more than five years supporting hardware VARs looking to grow their mobility business. Advantix allows these partners to expand their mobility solutions and build their recurring revenue business, while realizing higher margins and providing greater value to their end-user customers. Founded in 2001 in Frisco, Texas, Advantix's employees are committed to helping ScanSource hardware VARs seamlessly provide multi-carrier and single-carrier solutions to the end user, providing flexibility and ease in managing their wireless devices. Ansley Hoke has been named SVP, Integrated Solutions and Services and will head up this group. Hoke has been with ScanSource for more than 22 years and most recently served as SVP, Worldwide Marketing. Natasha Royer Coons and Nathan Brown will serve as Co-Presidents of Advantix, a ScanSource company. The acquisition closed on August 15, 2024, and the terms of the agreement were not disclosed.
CINT

Hot Stocks

10:01 EDT CI&T rises 15.3% - CI&T is up 15.3%, or $1.03 to $7.78.
HRB

Hot Stocks

10:01 EDT H&R Block rises 17.3% - H&R Block is up 17.3%, or $9.93 to $67.42.
EBS

Hot Stocks

10:00 EDT Emergent BioSolutions rises 24.2% - Emergent BioSolutions is up 24.2%, or $2.10 to $10.76.
GCTS

Hot Stocks

10:00 EDT GCT Semiconductor falls -6.6% - GCT Semiconductor is down -6.6%, or -25c to $3.54.
AKA

Hot Stocks

10:00 EDT a.k.a. Brands falls -7.8% - a.k.a. Brands is down -7.8%, or -$1.72 to $20.45.
SNDA

Hot Stocks

10:00 EDT Sonida Senior Living falls -16.4% - Sonida Senior Living is down -16.4%, or -$5.25 to $26.75.
AMCR

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09:47 EDT Amcor falls -5.3% - Amcor is down -5.3%, or -58c to $10.27.
AKA

Hot Stocks

09:47 EDT a.k.a. Brands falls -7.8% - a.k.a. Brands is down -7.8%, or -$1.72 to $20.45.
SNDA

Hot Stocks

09:47 EDT Sonida Senior Living falls -15.8% - Sonida Senior Living is down -15.8%, or -$5.05 to $26.95.
HRB

Hot Stocks

09:47 EDT H&R Block rises 10.6% - H&R Block is up 10.6%, or $6.09 to $63.58.
CINT

Hot Stocks

09:47 EDT CI&T rises 14.3% - CI&T is up 14.3%, or 96c to $7.71.
EBS

Hot Stocks

09:47 EDT Emergent BioSolutions rises 16.7% - Emergent BioSolutions is up 16.7%, or $1.44 to $10.10.
UDMY

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09:30 EDT Udemy CTO Venu Venugopal to switch roles, Eren Bali to succeed - Udemy announced that Eren Bali, who co-founded Udemy in 2010 and served as the company's CEO until 2014, has returned as CTO, effective August 12. Bali succeeds Venu Venugopal, who has served as Udemy's CTO since May 2019. Venugopal will continue serving in an advisory capacity to ensure a seamless transition.
RILY

Hot Stocks

09:24 EDT B. Riley Financial jumps 29% to $6.51 after Bryant Riley buyout offer
RILY

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09:24 EDT B. Riley co-CEO Bryant Riley offers to buy company for $7 per share - B. Riley Financial Chairman and Co-Chief Executive Officer Bryant Riley, owner of 23.2% of the company's outstanding shares, submitted a letter on August 15 to the board of the company proposing to acquire all of the shares that he does not presently own for a purchase price of $7 per share. The letters states in part, "I want to make it clear that I plan on continuing to report financials to the SEC and our bonds and preferred' s will continue to be publicly traded. It is possible that I will continue to list on a secondary exchange if there are shareholders that would like to participate in this transaction. That said, I am proposing to acquire all of the shares of common stock of the Company that I do not presently own for a purchase price of $7 per share. This valuation represents a 40% premium over the current price. I expect that a special committee consisting of independent members of the board of directors of the Company will consider the proposed transaction and make a recommendation to the Board. I do not intend to proceed with the proposed transaction unless it is approved by the special committee. The transaction would also be subject to a non-waivable condition requiring approval of a majority of the shares of common stock of the Company not owned by me, senior management, or any of our respective affiliates...The proposed transaction would not be subject to a financing condition."
BSFC

Hot Stocks

09:21 EDT Blue Star Foods submits request for withdrawal of registration statement - Blue Star Foods requested that the Securities and Exchange Commission consent to the withdrawal of our Registration Statement on Form S-1 originally filed on August 6, 2024, as we no longer intend to pursue our public offering at this time. We believe this is in the best interests of our shareholders and investors. The Registration Statement has not been declared effective by the SEC, and no securities have been sold in connection with the offering described in the Registration Statement. John Keeler, Chairman and CEO of Blue Star Foods, commented, "We do not believe our current market capitalization accurately reflects the true value of our Company. This decision was made after thorough analysis and careful consideration of our financial standing and market conditions. We are dedicated to reassessing our strategy to ensure that it aligns with our shareholder interests and the growth of our business. Shareholders' continued support and belief in Blue Star Foods Corp. mean the world to us. We look forward to creating long-term value together."
APO

Hot Stocks

09:20 EDT Apollo completes acquisition of 94.53% stake in Purmo Group - Apollo announced that Apollo-managed funds associated with its Clean Transition Equity strategy, together with strategic minority co-investor Rettig Oy, have through the special purpose vehicle Project Grand Bidco Limited completed the previously announced acquisition of a 94.53% equity ownership stake in Purmo Group Plc, a leader in sustainable indoor-climate solutions. Apollo funds and Rettig will look to acquire the remaining outstanding shares through Project Grand Bidco Limited and delist Purmo Group from the Nasdaq Helsinki Stock Exchange in the near future, resulting in Apollo funds owning 80% and Rettig 20% of Purmo Group. After delisting, as a privately owned business led by Chief Executive Officer John Peter Leesi and the current management team, Purmo Group will continue to design, manufacture and distribute high quality products and solutions to over 100,000 customers in more than 100 countries. Pursuant to the terms of the transaction previously announced, Purmo Group's shareholders, other than Rettig, are entitled to receive EUR 11.06 in cash for each C share of Purmo Group, whereas the price paid to Rettig is EUR 10.53 for each of its C shares. The price paid for each F share ineligible for conversion into C shares is EUR 6.75. Prior to the transaction, Rettig was the majority shareholder in Purmo Group.
AREB

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09:13 EDT American Rebel named sponsor of Mat Hagan's Dodge SRT Hellcat Funny Car - American Rebel Holdings is proud to be the primary sponsor of Matt Hagan's Dodge SRT Hellcat Funny Car at this weekend's Lucas Oil NHRA Nationals. Hagan previously won at Brainerd in 2021, and he also has four number 1 qualifiers at Brainerd, which came in 2011, 2016, 2019 and 2022.
FUBO AMZN

Hot Stocks

09:09 EDT FuboTV, Amazon launch Sports Network on Prime Video Channels in Canada - FuboTV (FUBO) and Amazon (AMZN) announced the launch of Fubo's owned and operated TV network, Fubo Sports Network, on Prime Video Channels in Canada. This marks the first time the sports network is available in Canada outside of a subscription to Fubo's platform, making it accessible to Prime members across the country.
CVGW

Hot Stocks

09:08 EDT Calavo Growers completes sale of Fresh Cut business to F&S Fresh for $83M - Calavo Growers announced it completed the sale of its Fresh Cut business and related real estate to F&S Fresh Foods of Vineland, New Jersey, on August 15 for $83 million, subject to various closing adjustments."We are pleased to announce that the sale of our Fresh Cut business has been finalized, which will allow us to focus on our core avocado and guacamole businesses," said Lee Cole, President and Chief Executive Officer of Calavo Growers, Inc. "We would like to thank the team members of the Fresh Cut business for their hard work and years of service to Calavo, and we wish them the best as they transition to F&S. We also would like to thank the team at F&S for partnering with us on this transaction. The Fresh Cut business will be in the very capable hands of F&S, a leader in the industry and one of our long-trusted co-packing partners.
CYTO

Hot Stocks

09:06 EDT Altamira Therapeutics announces confirmed suitability of Bentrio for athletes - Altamira Medica, an associate company of Altamira Therapeutics, announced that its preservative-free, drug-free Bentrio nasal spray for allergic rhinitis was tested successfully for the absence of more than 230 prohibited substances listed by the World Anti-Doping Agency, WADA. This finding further confirms Bentrio's suitability for athletes who must comply with antidoping regulations but at the same time need to protect themselves against airborne allergens or other particles.
CMTL

Hot Stocks

09:06 EDT Comtech relocates headquarters to Arizona - Comtech announced the relocation of its corporate headquarters from Melville, New York to Chandler, Arizona. Comtech's new corporate headquarters in Chandler boasts approximately 150,000 square feet of office, engineering and manufacturing space that is designed to enhance operations, improve collaboration and accelerate the delivery of new technologies, systems and services to a variety of customers across global markets.
LOVFF

Hot Stocks

09:06 EDT Cannara Biotech achieves highest national market share of 3.2% in July - Cannara Biotech announced that the Company has achieved its highest national market share of 3.2% in July 2024 which places Cannara as the 9th largest licensed producer in Canada by market share. "We are thrilled to report that July 2024 marks a significant milestone for Cannara, with our highest monthly national retail sales in the Company's history, including an approximate 11.8% market share in Quebec1. This achievement is a testament to the dedication and hard work of our entire team, as well as the growing demand for our premium cannabis products. We look forward to discussing these results in more detail during our upcoming investor webcast, where we will provide further insights into our third quarter of 2024 financial performance and future growth strategies," commented Nicholas Sosiak, CFO of Cannara.
SAI

Hot Stocks

09:05 EDT SAITECH announces signing of MOU with Idaho Central Aquatic Center Project - SAI.TECH Global announces the signing of a Memorandum of Understanding with Idaho Competitive Aquatics regarding SAI US Inc.'s Idaho Central Aquatic Center Project. This initiative will establish the next SAINODE in Idaho, integrating SAI's Advanced Computing Center Ecosystem, ACCE, to enhance heating efficiency in aquatic center operations. The MoU represents a collaborative effort between SAI and Idaho Competitive, leveraging Idaho Competitive's site resources and supplier coordination alongside SAI's installation of a liquid-cooled container data center and chip heating system solutions. They will manage on-site construction together.
GMAB

Hot Stocks

09:05 EDT Genmab COO Anthony Mancini to depart, Rayne Waller named CTO - Genmab announced changes to its executive committee to support Genmab's growth and evolution into a fully integrated biotech innovation powerhouse. Genmab's executive committee will include Rayne Waller in the newly created role of executive VP and chief technology officer and Brad Bailey in the newly created role of executive VP and chief commercial pfficer. Executive VP and COO Anthony Mancini has decided to leave Genmab to pursue other opportunities. Rayne and Brad will report directly to Genmab's president and CEO Jan van de Winkel and be based in Copenhagen, Denmark and Princeton, New Jersey, respectively.
LVO

Hot Stocks

09:04 EDT LiveOne, Slacker Radio partner with Legible - LiveOne announces a strategic collaboration with Legible. This partnership is set to expand LiveOne's Slacker Radio member base by offering enhanced value through exclusive access to Legible's audiobook content. This collaboration is also aligned with LiveOne's broader strategy to increase member engagement and retention. By offering a free audiobook each month and exclusive previews of Legible's diverse audiobook catalog, LiveOne not only adds significant value to its membership but also fosters a deeper connection with its audience.
TGL

Hot Stocks

09:04 EDT Treasure Global announces request to withdraw S-1 registration statement - Treasure Global has submitted a request to withdraw its S-1 Registration Statement originally filed with the U.S. Securities and Exchange Commission on July 26, 2024. The Registration Statement has not been declared effective by the SEC, and no securities have been sold in connection with the offering described in the Registration Statement. This strategic move is in response to current market conditions, including recent declines in the Company's share prices. Withdrawing the S-1 Registration Statement aligns with the Company's ongoing strategic direction and reflects a broader effort to protect shareholder value and better pursue initiatives that will support the Company's growth over the long term.
KACL

Hot Stocks

09:02 EDT Kairous Acquisition announces additional contribution to trust account - Kairous Acquisition Corp. announced that Kairous Asia Limited, the Company's initial public offering sponsor, has deposited into the Company's trust account an aggregate of $50,000, in order to extend the period of time the Company has to complete a business combination for an additional one month period, from August 16, 2024 to September 16, 2024. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and will be converted into the Company's ordinary shares at a price of $10.10 per share at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
META

Hot Stocks

08:50 EDT EU sends RFI to Meta under DSA over CrowdTangle discontinuation - The European Commission has sent Meta a request for information under the Digital Services Act. Following the discontinuation of CrowdTangle on August 14, the Commission is requesting Meta to provide more information on the measures it has taken to comply with its obligations to give researchers access to data that is publicly accessible on the online interface of Facebook and Instagram, as required by the DSA, and on its plans to update its election and civic discourse monitoring functionalities. Specifically, the Commission is requesting information about Meta's content library and application programming interface, including their eligibility criteria, the application process, the data that can be accessed and functionalities. On April 30, the Commission opened formal proceedings against Meta under the DSA, which are ongoing. One of the grievances focused on the non-availability of an effective third-party, real-time civic discourse and election-monitoring tool ahead of the elections to the European Parliament and national elections, as well as shortcomings in Meta's provision of access for researchers to publicly available data. To alleviate the Commission's concerns in view of the European Parliament elections, at the end of May Meta deployed new functionalities in CrowdTangle, notably 27 new public real time visual dashboards, one for each Member State, to allow third party real time civic discourse and election monitoring. These functionalities have now been discontinued. Meta must provide the requested information by September 6. Based on the assessment of the replies, the Commission will determine the next steps, which could include interim measures, and non-compliance decisions. Reference Link
LLY MORF

Hot Stocks

08:40 EDT Eli Lilly completes acquisition of Morphic - Eli Lilly and Company (LLY) announced the successful completion of its acquisition of Morphic Holding (MORF). Morphic's common stock will be delisted from The Nasdaq Global Market.
RKLB

Hot Stocks

08:40 EDT Rocket Lab ships twin satellites to launch site for NASA Mars mission - Rocket Lab has successfully packed and shipped two Mars-bound spacecraft to Cape Canaveral, Florida in preparation for launch. These twin spacecraft for the Escape and Plasma Acceleration and Dynamics Explorers heliophysics mission were designed, built, integrated, and tested by Rocket Lab for the University of California Berkeley's Space Science Laboratory and NASA.
FTCI

Hot Stocks

08:39 EDT FTC Solar appoints Pablo Barahona to board of directors - FTC Solar announced the appointment of Pablo Barahona to its Board of Directors, effective August 12, 2024. Mr. Barahona replaces Isidoro Quiroga Cortes, who resigned from the Board effective August 11, 2024, after more than four years of service to the Board. He most recently served as President of Global Retail Markets West for Liberty Mutual, overseeing operations in Latin America and Europe, including Brazil, Chile, Colombia, Ecuador, Venezuela, Spain, Portugal, and Ireland from January 2016 through June 2024.
PSNL TEM

Hot Stocks

08:39 EDT Personalis to receive $36M investment from Tempus AI - Personalis and Tempus AI (TEM) announced that the companies have expanded their commercial relationship. The companies agreed in November 2023 to collaborate and bring ultra-sensitive MRD testing to market and launched their efforts at the recent ASCO meeting. Tempus is serving as exclusive commercial partner for Personalis' ultra-sensitive tumor-informed MRD product for broad patient adoption in breast and lung cancers, and for immunotherapy monitoring across all solid tumors. Following positive reaction and exceptionally strong demand, the companies have agreed to accelerate their efforts, expanding under the following key terms: Tempus to accelerate its commercialization efforts over the first two years; Personalis to increase the quantity of patient samples it will accept over the corresponding period; Tempus to invest approximately $36M into Personalis. Under the agreement, Tempus agreed to exercise its existing warrants to purchase 9.2M shares of common stock in accordance with their terms at an average purchase price of $2.00 and to purchase an additional 3.5M shares of common stock at a price per share of $5.07, which was the last reported closing price of Personalis' common stock as reported on Nasdaq on August 15 for a total investment of approximately $36M in Personalis. As a result, Tempus will own approximately 19.3% of Personalis' outstanding common stock following the closing of the transactions.
IVP

Hot Stocks

08:34 EDT Inspire Veterinary nominates Phillip Balatsos to board of directors - Inspire Veterinary Partners announced that its board of directors has nominated Phillip Balatsos to stand for election as an independent director at its annual meeting of stockholders on October 9, 2024. Balatsos has served as the Vice President of Foreign Exchange Emerging Markets Rates Sales/Trading with XP Investments US Inc. since August 2022.
DPMLF

Hot Stocks

08:33 EDT Dundee Precious Metals receives Namibia Competition Act approval for sale - Dundee Precious Metals received notice of approval under the Namibia Competition Act for the Company's sale of its interest in the Tsumeb smelter to a subsidiary of Sinomine Resource Group. The sale is on track to close as planned in the third quarter of 2024, subject to completing the documentation regarding the revised purchase price and proposed tolling arrangement as disclosed in the Company's Management's Discussion and Analysis and news release published on August 1, 2024.
SHOT

Hot Stocks

08:32 EDT Safety Shot reports a 40% increase in sales in Q2 vs Q1 - "We are very excited about our financial performance and our achievements for the second quarter of 2024. A dramatic increase in our revenues with a dramatic decrease in our operating expenses only showcases Safety Shot's determination to bring value to stakeholders," stated CEO Jarrett Boon. "We have exciting things expected in the next couple of quarters and believe they will serve as catalysts to further strengthen the company's financial results going forward. As we continue to execute our business strategy, we remain focused on enhancing our growth potential. This is illustrated by the promising clinical results the company reported this month as well as new partnerships and new product lines the company will be launching in the near future."
PPBT

Hot Stocks

08:21 EDT Purple Biotech reduces workforce by 33%, sees cash runway into 3Q25 - As of June 30, 2024, Purple Biotech had cash and cash equivalents and short-term deposits of $7.4 million. On July 2, 2024, Purple Biotech announced the receipt of $2 million in gross proceeds from the exercise of warrants in connection with a warrant exercise and reload transaction. The Company has reprioritized its activities, and, in combination with cost saving measures including a 33% reduction in its workforce, Purple Biotech now has a cash runway into the third quarter of 2025.
VUZI

Hot Stocks

08:16 EDT Vuzix's Z100 smart glasses selected by GPS TUNER - Vuzix announced that its Z100 smart glasses have been selected by GPS TUNER, a company in white label eMobility software solutions, to bundle as a heads-up AR display compliment to the apps they offer and sell to eBike global manufacturers and their end-users.
GTLS

Hot Stocks

08:16 EDT Opus One expands deployment of Chart Industries' CO2 capture solutions - Opus One Winery is among the first wineries in the world to expand their deployment of Chart Industries carbon capture solutions. For the last two years, Opus One has implemented Chart's Earthly Labs' CiCi solution to capture carbon dioxide during red wine fermentation and plans to expand the deployment to double the CO2 captured during the 2024 Harvest. This model of circular carbon economy in the wine industry is unique, but one of the many practices Opus One has implemented throughout their winery to advance environmentally conscious winemaking.
LAAC GNENF

Hot Stocks

08:15 EDT Lithium Argentina closes Pastors Grandes transaction with Ganfeng Lithium - Lithium Americas (LAAC) announce the completion of the previously announced agreement with a subsidiary of Ganfeng Lithium (GNENF) whereby Ganfeng Lithium acquired $70M in newly issued shares of Proyecto Pastos Grandes, the Company's wholly-owned Argentinian subsidiary holding the Pastos Grandes project in Salta, Argentina, representing a 14.9% interest in PGCo and Pastos Grandes. Pastos Grandes is a lithium brine development project acquired by the Company in early 2022 with the acquisition of Millennial Lithium Inc. The Project is in the same basin as the Sal de la Puna project, adjacent to Ganfeng Lithium's Pozuelos-Pastos Grandes project and 100 km from the operating Cauchari-Olaroz project jointly owned and operated by Lithium Argentina and Ganfeng Lithium. Based on current analysis, the Company would expect that attractive fiscal incentives resulting from the approval of the Large Investments' Incentive Regime in Argentina would apply to its longer-term regional development plans at Pastos Grandes and the Stage 2 expansion of Cauchari-Olaroz. The Company and Ganfeng Lithium continue advancing a regional development plan for PPG and the Pastos Grandes Basin with results expected around the end of 2024.
NDRA

Hot Stocks

08:06 EDT Endra Life Sciences to implement 1-for-50 reverse stock split - Endra Life Sciences announced that it will implement a 1-for-50 reverse stock split of the issued shares of its common stock, effective at 12:01 a.m. Eastern time on August 20. The company's common stock is expected to begin trading on a split-adjusted basis when the market opens on Tuesday, August 20, 2024, and will continue to trade on The Nasdaq Capital Market under the symbol "NDRA."
AMBP

Hot Stocks

08:03 EDT Ardagh Metal Packaging: Stefan Schellinger to succeed David Bourne as CFO - Ardagh Metal Packaging is pleased to announce the appointment of Stefan Schellinger as CFO, effective September 1. Stefan brings more than 25 years of financial and commercial experience to the role as well as a strong background in relevant industrial end markets. Stefan was previously CFO and Executive Director of two listed companies, ContourGlobal plc and Essentra plc. Stefan succeeds David Bourne who has decided to move on to new opportunities and will leave the business in September after a handover period.
SYY AA

Hot Stocks

08:02 EDT Sysco announces Roberto Marques to join board of directors - Sysco Corporation (SYY) announced that Roberto Marques will join Sysco's Board of Directors effective August 15, 2024. Roberto Marques is currently serving as a Board Director at Alcoa (AA).
CGC

Hot Stocks

08:01 EDT Canopy Growth CEO David Klein to retire at end of fiscal year - Canopy Growth announced that David Klein, CEO, Canopy Growth, will be retiring at the conclusion of the company's current fiscal year ending March 31, 2025. Until this date or such time that a successor is named, Klein will continue in his role as CEO and as a member of the company's Board of Directors to advance Canopy Growth's strategic objectives including profitability and ensure an effective transition. The Board is in the process of securing a globally recognized search firm to initiate a comprehensive CEO selection process focused on identifying a candidate with the right mix of skills, experience, and expertise to lead the company in its next chapter of growth.
AVTR

Hot Stocks

07:38 EDT Avantor to divest its clinical services business to Audax for $650M - Avantor announced the signing of a definitive agreement to divest its clinical services business, including kitting, biorepository, and related equipment and ancillaries, to Audax Private Equity for a transaction value of approximately $650M. The clinical services business has approximately 800 employees and is part of Avantor's Laboratory Solutions segment. It is expected to generate approximately $200M of annual revenue in 2024. The transaction is expected to close in the fourth quarter of 2024, subject to regulatory approvals and other customary closing conditions. Avantor expects the transaction to result in approximately $475M in after-tax cash proceeds and a reduction of approximately $50M in capitalized leases. Avantor intends to utilize the after-tax proceeds for debt paydown, which further strengthens the company's balance sheet and reduces interest expense.
XWEL

Hot Stocks

07:32 EDT Xwell adopts tax benefits preservation plan - XWELL announced that its Board of Directors has adopted a Tax Benefits Preservation Plan intended to preserve the value of certain of the Company's tax attributes related to previously recorded net operating losses. As of August 16, 2024, the Company has Tax Attributes which may entitle the Company to reduce taxable income with respect to the Company's current 2024 tax year. The Company currently has approximately $67.3 million of net operating losses available to offset taxable income. However, these Tax Attributes may be materially reduced or eliminated by a "change of ownership" of the Company under Section 382 of the Internal Revenue Code. In general, a change of ownership would occur if stockholders that own at least 5% or more of the Company's outstanding common stock increased their cumulative ownership in the Company by more than 50 percentage points over their lowest ownership percentage within a rolling three-year period. As part of the Plan, the Company's Board of Directors declared a dividend of one Series A Junior Participating Preferred Stock purchase right on each outstanding share of the Company's Common Stock. The dividend will be payable on August 26, 2024 to holders of record as of the close of business on August 26, 2024. Shares of the Company's Common Stock issued after the record date will be issued together with the Rights. The Rights are not currently exercisable and initially will trade only with the Company's Common Stock. However, if any person or group acquires 4.99% or more of the Company's Common Stock, or if a person or group that already owns 4.99% or more of the Company's Common Stock acquires one or more additional shares of Common Stock, then, subject to certain exceptions, the Rights would separate from the Common Stock and become exercisable for shares of the Company's Common Stock having a market value equal to twice the exercise price, resulting in significant dilution to the ownership interests of the acquiring person or group. The Plan includes a procedure pursuant to which the Company's Board of Directors may consider requests to exempt acquisitions of the Company's Common Stock from the Plan if it determines that doing so would not limit or impair the availability of the Tax Attributes. The Rights will expire on August 16, 2027. The Rights may also expire on an earlier date upon the occurrence of other events, including a determination by the Company's Board of Directors that the Tax Attributes have been utilized or are no longer available, or that the Plan is no longer necessary to protect the Tax Attributes. The Plan also may be terminated at any time by the Company's Board of Directors before the Rights become exercisable.
AZN

Hot Stocks

07:10 EDT AstraZeneca announces approval for Imfinzi combination - AstraZeneca's Imfinzi in combination with chemotherapy has been approved in the U.S. for the treatment of adult patients with resectable early-stage non-small cell lung cancer and no known epidermal growth factor receptor mutations or anaplastic lymphoma kinase rearrangements. In this regimen, patients are treated with Imfinzi in combination with neoadjuvant chemotherapy before surgery and as adjuvant monotherapy after surgery.
ARAAF

Hot Stocks

07:08 EDT Aclara Resources signs MoU with State of Goias, Municipality of Nova Roma - Aclara Resources signed a Memorandum of Understanding with the State of Goias and the Municipality of Nova Roma, recognizing the strategic nature of the Carina Module, emphasizing its alignment with the best interests of the State and Nova Roma. This strategic relationship aims to accelerate the analysis and evaluation of the permitting process and supports the execution, implementation, and operation of the Project, reinforcing its relevance to social and economic development of Nova Roma and the State of Goias, and further positioning Brazil as a key player in the sustainable supply of critical minerals. Aclara's CEO, Ramon Barua, commented: "We are excited to announce a strategic relationship with the State of Goias and the Municipality of Nova Roma aimed at accelerating the permitting process and overall development of the Carina Module project. By harnessing our world-class Carina deposit, our unique technology to produce clean rare earths, and our strong focus on socio-economic growth, we are dedicated to supporting Nova Roma and Goias State through significant job creation, local supplier development, employee training, among others. This memorandum of understanding highlights our shared responsibility to fostering the sustainable development of the local communities in the surrounding areas of the Project. We extend our gratitude to the municipal authorities of Nova Roma, state authorities, and the Governor of Goias for their support and commitment. Together, we are shaping a brighter future for Goias and setting a benchmark for regional progress." The MoU establishes a framework for cooperation among all parties to facilitate the implementation of the Project. Key Responsibilities: State of Goias and Municipality of Nova Roma: work to efficiently evaluate the environmental and other permits required for the Project, support critical infrastructure enhancements and partner with Aclara to assist in the development of the local workforce. Aclara: Invest $582.3M, creating 3,200 direct jobs and prioritizing local work force and suppliers.
ANTX

Hot Stocks

07:08 EDT AN2 Therapeutics adopts limited duration stockholder rights plan - AN2 Therapeutics announced that it has adopted a limited duration stockholder rights plan, which is scheduled to expire on August 15, 2025. The company recently became aware of the rapid accumulation of a significant amount of the common stock of the company by BML Investment Partners, as disclosed in a Schedule 13G/A filed with the U.S. Securities and Exchange Commission on August 14. The board of directors believes that the rights plan will help promote the fair and equal treatment of all stockholders of the company and ensure that the Board remains in the best position to discharge its fiduciary duties to the company and its stockholders. The rights plan will guard against efforts to capitalize on the recent share price of the company through open market accumulations and other coercive tactics aimed at gaining control of the company without paying all stockholders a full control premium for their shares. Under the plan, one preferred stock purchase right will be distributed for each share of common stock held by stockholders of record on August 29. Under certain circumstances, each right will entitle stockholders to buy one one-thousandth of a share of newly-created Series A Junior Participating Preferred Stock of the company at an exercise price of $6.50. The company's board of directors will be entitled to redeem the rights at 1c per right at any time before a person or group has acquired 20% or more of the outstanding common stock. The rights will expire on August 15, 2025, subject to the company's right to extend such date, unless earlier redeemed or exchanged by the company or terminated.
RDHL

Hot Stocks

07:07 EDT RedHill Biopharma plans to implement ADS ratio change - RedHill Biopharma announced that it plans to implement a ratio change of the company's American Depositary Shares to its non-traded ordinary shares from the current ratio of one ADS representing four hundred ordinary shares to a new ratio of one ADS representing ten thousand ordinary shares. The anticipated first date of the ratio change is on or about August 20, 2024, and the company's ADSs will continue to be traded on the Nasdaq Capital Market under the symbol "RDHL" with a new CUSIP Number 757468301.
DEC

Hot Stocks

07:07 EDT Diversified Energy completes Crescent Pass acquisition - Diversified Energy Company announces the closing of its acquisition of the of high-working interest, operated natural gas properties and related facilities located within eastern Texas from Crescent Pass Energy. Acquisition Highlights: Purchase price of $106 million before customary purchase price adjustments; Acquisition net purchase price of $101 million after customary purchase price adjustments; PDP reserves of ~170 Bcfe and a PDP PV10 of ~$155 million; Current net production of 38 MMcfepd; Estimated NTM Adjusted EBITDA of ~$26 million; Purchase price multiple of ~3.8x; As previously announced, the net consideration for the Acquisition consists of a combination of the issuance of 2,249,650 new US-dollar denominated ordinary shares to the Seller, and cash consideration of $71 million, drawing from a senior secured bank facility supported by the acquired assets and existing liquidity. The New shares represents approximately 4.77% of the Company's existing issued share capital.
BWMN

Hot Stocks

07:05 EDT Bowman Consulting increases share repurchase program to $25M - Bowman Consulting announced that its board of directors authorized an increase to its previously announced share repurchase program from $10M to up to $25M and extended the termination date of the share repurchase program from November 16 to August 31, 2025.
SYTA

Hot Stocks

07:05 EDT Siyata Mobile announces new order from new customer for SD7 handsets - Siyata Mobile announced that it delivered an order for its SD7 handsets to a new customer, the California Department of Parks and Recreation, for use at beaches and along waterfronts in the state.
TNXP

Hot Stocks

07:05 EDT Tonix Pharmaceuticals provides update on developmeny of TNX-801 - Tonix Pharmaceuticals has reiterated its commitment to advance development of its live attenuated virus vaccine, TNX-801, for preventing mpox and other infectious diseases. On August 14, 2024, the World Health Organization, WHO, determined that the upsurge of mpox in a growing number of countries in Africa constitutes a public health emergency of international concern, the second such declaration in the past two years called in response to an mpox outbreak. The current outbreak was caused by Clade 1 monkeypox virus, while the 2022 outbreak was Clade 2 monkeypox virus. Tonix's live virus vaccine candidate, TNX-801, is designed to provide long-term protection from mpox and smallpox with one dose. TNX-801 vaccination demonstrated efficacy in protecting animals from lethal challenge with intratracheal monkeypox virus.
EYPT

Hot Stocks

07:05 EDT EyePoint reports inducement grants under NASDAQ listing rule - EyePoint Pharmaceuticals announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company's 2023 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 106,600 shares of EyePoint Pharmaceuticals common stock to nine new employees. The stock options were granted on August 15, 2024. The grants were approved by the Compensation Committee and made as an inducement material to each employee entering into employment with EyePoint Pharmaceuticals in accordance with NASDAQ Listing Rule 5635(c)(4). The option awards have an exercise price of $8.20 per share, the closing price of EyePoint Pharmaceuticals' common stock on August 15, 2024. The options have a ten-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee's date of grant and the remainder vesting in equal monthly installments over the following three years. Vesting of the options is subject to the employee's continued service with EyePoint Pharmaceuticals through the applicable vesting dates.
PFE BNTX

Hot Stocks

06:47 EDT Pfizer, BioNTech provide update on mRNA-based combination vaccine program - Pfizer (PFE) and BioNTech (BNTX) announced top-line results from their Phase 3 clinical trial to evaluate the companies' combined mRNA vaccine candidate against influenza and COVID-19 in healthy individuals 18-64 years of age. The combination candidate consists of Pfizer's mRNA-based influenza vaccine candidate with the companies' licensed COVID-19 vaccine. The Phase 3 trial measured two primary immunogenicity objectives (immunogenicity against SARS-CoV-2 as well as immunogenicity against influenza A and B), of which one was met. In a separate Phase 2 trial, Pfizer evaluated trivalent influenza mRNA standalone vaccine candidates which demonstrated robust immunogenicity in individuals 18-64 years of age. The companies are evaluating adjustments to the combination vaccine candidate aimed at improving immune responses against influenza B and will discuss next steps with health authorities.
PSN

Hot Stocks

06:32 EDT Parsons completes acquisition of BlackSignal Technologies - Parsons announced that it completed the previously announced acquisition of BlackSignal Technologies, a Razor's Edge portfolio company, for $200M. The transaction is consistent with Parsons' strategy of acquiring high-growth companies with greater than 10% revenue growth and adjusted EBITDA margins. BlackSignal will be integrated into Parsons' Defense & Intelligence business unit.
LLAP

Hot Stocks

06:31 EDT Terran Orbital's Pathfinder-R and Pathfinder-4 set for launch - Terran Orbital announced the scheduled launch of its Pathfinder-R and Pathfinder-4 spacecraft. These 6U Triumph class space vehicles are set to launch aboard the Transporter-11 Rideshare mission with SpaceX from Vandenberg Space Force Base in California on August 16. The spacecraft are part of NASA's Pathfinder Technology Demonstrator series, which aims to test the viability and operational effectiveness of a variety of technologies in low-Earth orbit.
IMRN

Hot Stocks

06:02 EDT Immuron announces new DoD research award for NMRC - Immuron is pleased to announce the funding of a new research agreement for the Naval Medical Research Command, and Walter Reed Army Institute of Research Silver Spring, MD, USA. The focus of this new research agreement is to develop an enhanced formulation of Travelan potentially expanding the coverage of the product as a therapeutic measure against endemic military relevant diarrheal pathogens. This work will utilize the extensive experience of the US Department of Defense human infectious disease vaccine programs and will target key protective antigens of the major enteric bacterial pathogens Campylobacter, Shigella and Entertoxigenic E. coli strains not present in the current product formulation. Immuron will now negotiate a sub award for collaboration with NMRC and WRAIR to advance this research.
AAPL...

Hot Stocks

05:40 EDT California IDs coming 'soon' in Apple Wallet, Google Wallet - Californians will soon have multiple options to have a secure and convenient mobile driver's license or state ID on their mobile devices in their Apple Wallet (AAPL) and Google Wallet (GOOGL), Governor Gavin Newsom announced Thursday. These new capabilities give multiple ways to add and present California driver's licenses and ID cards using iPhone, Apple Watch, and Android devices. These options are part of the DMV's broader mobile Driver's License pilot, which launched last year. "We're partnering with two iconic California companies - Apple and Google - to provide convenient, private and secure driver's licenses and ID cards directly on people's phones. This is a big step in our efforts to better serve all Californians, meeting people where they're at and with technology people use every day," Newsom said. To date, more than 500,000 Californians have added an mDL to their phone using the California DMV Wallet app. The mDL pilot program is limited to 1.5 million participants. Reference Link
GOOG GOOGL

Hot Stocks

05:29 EDT Google bringing AI answers in Search to six new countries - Google said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities due to some problems with the launch. AI Overviews in Search are being expanded to Brazil, India, Indonesia, Japan, Mexico, and the U.K. in local languages, the company said in a blog post, with links being added beside the AI-generated answers. "AI Overviews in Search are rooted in our core quality and safety systems, which we have been refining for decades to deliver reliable and high-quality information. We'll be rolling this expansion out gradually over the course of several weeks, with a focus on maintaining Search's high bar for information quality. Through our testing in these markets, we've found that people prefer using Search with AI Overviews, and they find their search results more helpful." Reference Link
MGNI

Hot Stocks

05:27 EDT Magnite enters exclusive partnership with TargetSmart - TargetSmart announced an exclusive partnership with Magnite. 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.
PGRU

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05:25 EDT PropertyGuru to be acquired by EQT Private Capital Asia for $1.1B in cash - PropertyGuru announced that it has entered into an agreement and plan of merger with affiliates of BPEA Private Equity Fund VIII Limited, part of EQT AB, a purpose-driven global investment organization, pursuant to which the company will be acquired by EQT Private Capital Asia in an all-cash transaction that values PropertyGuru at an equity value of approximately $1.1B. PropertyGuru's board of directors, acting upon the recommendation of a special committee of PropertyGuru's board of directors, has unanimously approved and resolved to recommend approval of the merger by PropertyGuru's shareholders. The special committee negotiated the terms of the merger agreement with assistance of financial and legal advisors. Under the terms of the merger agreement, at the effective time of the merger, each ordinary share of the company issued and outstanding immediately prior to the effective time will be cancelled and converted automatically into the right to receive an amount in cash equal to $6.70 per share, without interest. The merger consideration represents a 52% premium to PropertyGuru's closing share price on May 21, the last unaffected trading day prior to media speculation regarding a potential transaction, and a 75% and 86% premium to the company's 30-day and 90-day volume-weighted average share price, respectively, for the period ending May 21. Major shareholders, which hold a combined 56% ownership of ordinary shares outstanding, have entered into voting and support agreements with the company and EQT Private Capital Asia in support of the merger.
TXN

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05:14 EDT Texas Instruments to get $1.6B in CHIPS and Science Act for fabs in Texas, Utah - Texas Instruments and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms for up to $1.6B in proposed direct funding under the CHIPS and Science Act to support three 300mm wafer fabs already under construction in Texas and Utah. In addition, TI expects to receive an estimated $6B to $8B from the U.S. Department of Treasury's Investment Tax Credit for qualified U.S. manufacturing investments. The proposed direct funding, coupled with the investment tax credit, would help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. The proposed direct funding under the CHIPS Act would support TI's investment of more than $18B through 2029, which is part of the company's broader investment in manufacturing. This proposed direct funding will support three new wafer fabs, two in Sherman, Texas, and one in Lehi, Utah, specifically to: Construct and build the SM1 cleanroom and complete pilot line for first production; Construct and build the LFAB2 cleanroom for first production; and Construct the SM2 shell. These connected, multi-fab sites benefit from shared infrastructure, talent and technology sharing, and a strong network of suppliers and community partners. They will produce semiconductors in 28nm to 130nm technology nodes, which provide the optimal cost, performance, power, precision and voltage levels required for TI's broad portfolio of analog and embedded processing products. TI will create more than 2,000 company jobs across its three new fabs in Texas and Utah, along with thousands of indirect jobs for construction, suppliers and supporting industries.