Stockwinners Market Radar for September 23, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

PACB

Hot Stocks

20:04 EDT Cathie Wood's ARK Investment buys 704K shares of PacBio today
DDD

Hot Stocks

20:03 EDT Cathie Wood's ARK Investment buys 374K shares of 3D Systems today
PINS

Hot Stocks

20:02 EDT Cathie Wood's ARK Investment buys 115.2K shares of Pinterest today
BBGI

Hot Stocks

19:50 EDT Beasley Broadcast trading halted, news pending
EJH

Hot Stocks

19:50 EDT E-Home Household Service Holdings Ltd trading halted, news pending
ONCO

Hot Stocks

19:50 EDT Onconetix Inc trading halted, news pending
META

Hot Stocks

18:56 EDT Meta Platforms exec sells $11.15M in common stock - In a regulatory filing, Meta Platforms disclosed that its Chief Product Officer Christopher Cox sold 20K shares of common stock on September 19th in a total transaction size of $11.15M.
CVNA

Hot Stocks

18:54 EDT Carvana exec sells $5.25M in common stock - In a regulatory filing, Carvana disclosed that its Chief Product Offercer Daniel Gill sold 30K shares of common stock on September 20th in a total transaction size of $5.25M.
BASE

Hot Stocks

18:10 EDT Couchbase director buys $298.5K in common stock - In a regulatory filing, Couchbase disclosed that its director bought 21.1K shares of common stock on September 19th in a total transaction size of $298.5K.
NVO

Hot Stocks

18:09 EDT Novo Nordisk's coramitug granted FDA orphan designation - According to a post on the FDA's website, Novo Nordisk's treatment of transthyretin amyloidosis, coramitug, was granted orphan designation. Reference Link
TOL RUN

Hot Stocks

17:49 EDT Toll Brothers, Sunrun announce new national partnership - Toll Brothers (TOL) and Sunrun(RUN) announced a new national partnership for Sunrun to provide solar power and storage to Toll Brothers homes. Sunrun and Toll Brothers have an exclusive agreement for Sunrun to provide solar power as an included feature in all Toll Brothers homes in California, as well as a preferred agreement to provide solar for additional Toll Brothers divisions nationwide. As part of the agreement, Sunrun will serve as a "one-stop shop" to provide solar as a standard feature in all Toll Brothers communities in California, including sales, design, permitting, installation, customer care, and warranty. Sunrun also provides home buyers with the choice of a third-party battery storage system, including EnPhase or the Tesla Powerwall 3, to integrate with their provided residential solar system.
BYDDF...

Hot Stocks

17:48 EDT Swedish battery maker Northvolt to cut 1,600 jobs amid automotive headwinds - Volkwagen (VWAGY)-backed Swedish battery maker Northvolt announced plans to downsize in some areas..The company said, in part,earlier: "Following initial steps taken as part of its strategic review, Northvolt outlines a revised scope of operations in Sweden to ensure that its resources are focused on accelerating production in large-scale cell manufacturing at Northvolt Ett. These measures are expected to result in the redundancy of approximately 1,600 Northvolt employees, split across Skellefteundefined , Vasterundefineds and Stockholm . All redundancies are subject to ongoing union negotiations..Peter Carlsson, CEO and Co-Founder of Northvolt, commented: "While overall momentum for electrification remains strong, we need to make sure that we take the right actions at the right time in response to headwinds in the automotive market, and wider industrial climate. We now need to focus all energy and investments into our core business. Success in the ramp-up of production at Northvolt Ett is critical for delivering to our customers and enabling sustainable business operations. Recent production records at Northvolt Ett show that we are on the right path, but the decisions we're taking today, however tough, are required for Northvolt's future."...The Fly notes that German automaker BMW (BMWYY) canceled a $2.15B order for EV battery cells with Northvolt in June...Other companies in the electric vehicle battery space include: BYD (BYDDF), Albemarle (ALB), Panasonic (PCRFY), QuantumScape (QS), FMC Corporation (FMC), and Tesla (TSLA). Volkwagen (VWAGY)-backed Northvolt announced plans to downsize in some areas.. Reference Link
HCP

Hot Stocks

17:43 EDT HashiCorp CEO McJannet sells 48,055 class A shares - In a regulatory filing, HashiCorp chairman and CEO David McJannet disclosed the sale of 48,055 class A common shares of the company on September 20 at a price of $33.8407 per share.
HE

Hot Stocks

17:39 EDT Hawaiian Electric falls 9% to $9.90 after announcing $500M common stock offering
RTX

Hot Stocks

17:14 EDT RTX awarded $103.17M Army contract modification - RTX was awarded a $103.17M modification to a contract for production of Tube-Launched Optically Tracked Wireless-Guided. Work will be performed in Tucson, Arizona, with an estimated completion date of June 30, 2028. FY23 missile procurement, Army funds in the amount of $103.17M were obligated at the time of the award. Army Contracting Command is the contracting activity.
NOC

Hot Stocks

17:12 EDT Northrop Grumman awarded $127.56M Navy contract modification - Northrop Grumman was awarded a $127.56M modification to a previously awarded fixed-price incentive contract. This modification adds scope to procure weapon replaceable assemblies hardware to include: 292 advanced threat warning sensors; 54 control indicator unit replaceable replacements; 92 Department of the Navy, or DON, Large Aircraft Infrared Countermeasure, or LAIRCM, processor units; 62 Guardian laser transmitter assemblies for the Navy; 53 high capacity cards; 45 smart connector assemblies and 42 battery kits for the Navy; as well as associated systems engineering, technical support, analysis and studies in support of integration of the DON LAIRCM system onto various aircraft for the Navy, Marine Corps, Army, and the Air Force Special Operations Command. Naval Air Systems Command is the contracting activity.
BA

Hot Stocks

17:09 EDT Boeing awarded $319.27M Navy contract - Boeing was awarded a $319.27M firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract to provide F/A-18 automated maintenance environment system sustainment to include sustainment engineering, engineering investigations, system safety analysis, structural appraisal of fatigue effects support, technical integration support, trade studies, and aerodynamic simulation and modeling support, as well as maintenance planning product data support, configuration management support, and peculiar support equipment, or PSE, management to include analysis of aircraft changes for PSE impact. Additionally, this contract provides failure reporting and corrective action system maintenance, software upgrades and training to support fleet maintenance activities; ensuring interactive electronic technical manuals are up-to-date and released to the fleet; and logistics support to provide on-site assistance to operators and organizational/intermediate level maintainers in support of maintaining a network of Hornet Support Centers required for the Navy, Marine Corps, and Foreign Military Sales customers' F/A-18 and EA-18G aircraft. This contract was not competitively procured pursuant to Federal Acquisition Regulation 6.302-1. Naval Air Systems Command is the contracting activity.
ATR

Hot Stocks

17:02 EDT AptarGroup's N-Sorb nitrosamine mitigation solution accepted to FDA ETP - The company states: "AptarGroup announced that its N-Sorb nitrosamine mitigation solution has been accepted into the U.S. Food & Drug Administration's Emerging Technology Program, or ETP, which helps promote the adoption of innovative approaches to pharmaceutical product design and manufacturing. N-Sorb leverages Aptar CSP Technologies' proven 3-Phase Activ-Polymer(TM) platform technology to address the pressing issue of N-nitrosamine impurities in pharmaceuticals. These impurities, classified as probable human carcinogens, have raised significant regulatory concerns and prompted numerous drug product recalls. Nitrosamines can form during drug product storage or transport, posing risks to patient health. N-Sorb technology can be deployed in multiple formats by integrating active material science into polymers. For example, the technology can be incorporated into a blister format that integrates a piece of N-Sorb Activ-Film(TM) material into each individual Activ-Blister(TM) cavity. This same platform is currently trusted by global brands to protect sensitive Active Pharmaceutical Ingredients from degradation due to moisture and oxygen exposure. Alternatively, the technology can be seamlessly integrated into a container closure system. N-Sorb's intelligent design allows it to react with nitrosamine precursors in the packaging headspace to inhibit nitrosamine formation and scavenge nitrosamine impurities post-formation."
SSIC

Hot Stocks

17:01 EDT Silver Spike Investment announces shareholder approval of loan portfolio deal - Silver Spike Investment Corp. announced that the stockholders of the company have voted at the company's special meeting of stockholders held today to approve the proposal related to the company's acquisition from Chicago Atlantic Loan Portfolio, LLC of a portfolio of loans in exchange for newly-issued shares of SSIC's common stock. At the Special Meeting, the stockholders of the company also voted to approve: (a) the election of Frederick C. Herbst, John Mazarakis, and Jason Papastavrou to the board of directors of the company, to serve until the 2025, 2026, and 2027 annual meetings of stockholders, respectively, and until their respective successors are duly elected and qualified; and (b) a new investment advisory agreement by and between the company and Silver Spike Capital, LLC, which has the same base management and incentive fee as, and otherwise does not materially differ from, the current investment advisory agreement by and between the company and SSC, because the current investment advisory agreement may be deemed to terminate as a result of a transaction involving a change in the ownership of SSC.
DUOL

Hot Stocks

16:34 EDT Duolingo exec sells $1.35M in common stock - In a regulatory filing, Duolingo disclosed that its Chief Business Officer Robert Meese sold 5K shares of common stock on September 20th in a total transaction size of $1.35M.
GROV

Hot Stocks

16:33 EDT Grove Collaborative announces $15M PIPE investment from Volition Capital - Grove Collaborative Holdings announced a $15M investment from Volition Capital, a growth equity firm. Volition previously invested $10M in Grove by purchasing Series A Convertible Preferred Stock in August of 2023, bringing their total investment in the Company to $25M. The investment was led by Larry Cheng, managing partner and co-founder of Volition and a member of Grove's Board of Directors. Cheng most notably led Volition's early investment in online pet supply retailer, Chewy, and also serves on several other boards, including the Board of Directors at GameStop. Notably, with a portion of this investment and its cash on hand, Grove plans to pay off the remaining $30M of its outstanding term debt facility. The company has agreed to use at least $10M of the proceeds for this purpose by November 30, 2024. The company previously paid off $42M of its term debt facility in July of this year. Grove's remaining cash and cash equivalents as of June 30, pro forma for the $42M July repayment, would be approximately $40.6M. After full repayment of the term loan, Grove's only remaining debt would be $7.5M under its asset based loan facility.
DBVT

Hot Stocks

16:32 EDT DBV Technologies completes patient screening for VITESSE trial - DBV Technologies announced that patient screening is complete for the Phase 3 trial, VITESSE, using the modified Viaskin Peanut Patch in children ages 4-7 years old with peanut allergy. The fully enrolled VITESSE Phase 3 trial in peanut-allergic children ages 4-7 is a 12-month study evaluating the efficacy and safety of the Viaskin Peanut Patch in more than 600 subjects, representing individuals across 86 sites in the U.S., Canada, Europe, the UK, and Australia. VITESSE is currently the largest treatment intervention study in peanut allergy.
DXF

Hot Stocks

16:31 EDT Dunxin Financial announces NYSE American notice of delisting - Dunxin Financial announced that on September 17, 2024, it received notification from NYSE Regulation of the NYSE American that it had suspended trading of the company's ADS and of its determination to commence delisting proceedings of the company's ADS from the Exchange pursuant to Section 1003(f)(v) of the NYSE American company Guide due to the low selling price of the company's ADS. The company plans to appeal the determination to the Exchange's Listing Qualifications Panel, although there can be no assurance that any such appeal will be successful. The company's ADS has begun trading under the trading symbol "DXFFY" on the OTC Pink operated on the OTC Markets system effective with the open of the markets on September 18, 2024.
LAZR

Hot Stocks

16:31 EDT Luminar announces additional workforce reduction - In a regulatory 8-K filing, the company states: "On May 3, 2024, Luminar Technologies announced a restructuring plan, including a reduction in its workforce by approximately 20%. On September 20, 2024, the Company announced additional actions under the 2024 Restructuring Plan that represent a cumulative reduction in workforce of approximately 30% of the Company's full-time employees since the beginning of 2024. The additional actions associated with the 2024 Restructuring Plan are expected to begin immediately and be substantially complete by the end of 2025. The Company estimates that it will incur approximately $4 million to $6 million in additional cash charges associated with employee severance and related employee costs, plus charges related to acceleration of certain previously granted stock-based awards as part of severance packages for employees impacted under the 2024 Restructuring Plan. These charges are expected to be incurred primarily in the third and fourth quarters of 2024."
RILY

Hot Stocks

16:29 EDT B. Riley Financial President Kenny Young resigns - In a regulatory filing, the company states: "On September 20, 2024, Kenny Young resigned from his positions as the President of the Company, the Chief Executive Officer of B. Riley Principal Investments, LLC, and other officer roles at certain other Company subsidiaries. He will continue to provide services to the Company as a consultant in accordance with a one year consulting agreement entered into concurrently, pursuant to which he will be paid an annual fee of $250,000 paid monthly."
ESEA

Hot Stocks

16:24 EDT Euroseas announces 3-year charter for M/V Synergy Busan - Euroseas announced a time charter contract for its 4,250 teu intermediate containership, M/V Synergy Busan, for a minimum period of 36 to a maximum period of 38 months at the option of the charterer, at a gross daily rate of $35,500. The new charter will commence in early December 2024, in direct continuation of its existing charter. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are very pleased to announce that M/V Synergy Busan has extended its charter contract with a top-class charterer for 36-38 months, at a profitable rate of $35,500/day. This fixture, a strong increase compared to last-done, demonstrates that activity is starting to pick up again and charter market terms remain at very healthy and firm levels. It also seems to indicate that our investment decision to retrofit the vessel with energy saving devices nstalled during the ship's drydock last year, is appreciated by the market and paying off. This charter is expected to contribute in excess of about 29.0 million of EBITDA for the minimum contracted period and increase our remaining 2024 charter coverage to about 95%; it also increases our charter coverage for 2025 to about 50%."
PSTG

Hot Stocks

16:24 EDT Pure Storage founder sells $5.0M in common stock - In a regulatory filing, Pure Storage disclosed that its Founder and Chief Visionary Officer John Colgrove sold 100K shares of common stock on September 19th in a total transaction size of $5.0M.
ELLO

Hot Stocks

16:23 EDT Ellomay Capital to sell tax credits of Texas solar projects for $19M - Ellomay Capita announced that the company has successfully entered into an agreement for the sale and transfer of Investment Tax Credit, or ITCs, linked to its Fairfield, Malakoff, Mexia and Talco solar projects, all located in the State of Texas. Through this transaction, the company expects to receive approximately $19M from the sale of Investment Tax Credits, representing approximately 32% of the expected total portfolio costs. The sale is facilitated under the Inflation Reduction Act's new transferability provisions, allowing Ellomay to retain 100% of the operating profits from these projects. Funds from the sale of the ITCs generated from a project will be disbursed after such project is placed in service and meets the applicable requirements. The company expects the Fairfield and Malakoff projects to be placed in service by the end of Q4, and the Mexia and Talco projects to be placed in service by the end of Q2 2025. The agreement includes customary indemnification obligations, including in connection with certain continued eligibility requirements and scope of the ITCs, for which the company provided a guarantee to the purchaser of the ITCs.
ZION

Hot Stocks

16:21 EDT Zions Bancorp's CB&T to acquire four branches from FirstBank - California Bank & Trust, a division of Zions Bancorporation, announced that it has entered into an agreement to acquire four branch locations in Palm Desert and Indio from FirstBank, headquartered in Lakewood, Colorado. Under the agreement, California Bank & Trust will acquire approximately $730M in deposits and $420M in loans. Upon completion, the branch acquisition will expand CB&T's physical presence in Coachella Valley to a total of six locations and will add approximately 15,000 new customers, resulting in a combined 7% market share in Coachella Valley. As part of the agreement, CB&T will welcome the California-based FirstBank employees to its existing team of more than 900 associates.
OPXS

Hot Stocks

16:20 EDT Optex Systems announces $2.1M order for laser protected periscopes - Optex Systems Holdings announced it has been awarded contracts from two domestic customers in support of ongoing armored vehicle production. The total value is $2.1M with expected deliveries over the next 18 months. Danny Schoening, CEO, Optex Systems stated "Optex continues to support our domestic armored vehicle manufactures through the ongoing supply of laser protected periscopes. These units provide our customers with real-time situational awareness while protecting them from harmful laser strikes." With this order, the current Optex backlog is in excess of $45M...
LBRDA CHTR

Hot Stocks

16:19 EDT Liberty Broadband offers counterproposal for business combination with Charter - Liberty Broadband (LBRDA) "announced that it communicated a counterproposal to the Special Committee of the Board of Directors of Charter Communications (CHTR) in response to an initial merger proposal sent by the Charter Special Committee. In its counterproposal, Liberty Broadband outlined the terms of a proposed combination of Liberty Broadband with Charter in an all-stock transaction intended to be tax-free whereby holders of each series of Liberty Broadband common stock would receive 0.2900 of a share of Charter Class A common stock in exchange for each share of Liberty Broadband common stock. The proposed transaction includes a closing date of June 30, 2027 or such earlier date as the parties shall mutually agree. According to the terms of the counterproposal, Charter would assume or refinance Liberty Broadband's debt at or prior to closing as well as Liberty Broadband's outstanding preferred stock. During the pendency of the transaction, Liberty Broadband, including GCI, would operate in the ordinary course of business, subject to the terms of the definitive transaction agreements."
ACAD BMY

Hot Stocks

16:17 EDT Acadia Pharmaceuticals names Catherine Owen Adams as new CEO - Acadia Pharmaceuticals (ACAD) announced that Catherine Owen Adams has succeeded Steve Davis as CEO and joined the Acadia Board of Directors. Most recently, she served as Senior Vice President and General Manager, U.S., at Bristol Myers Squibb (BMY), where she led a $20 billion commercial business, overseeing a large and diverse portfolio of promoted brands across Oncology, Cardiovascular, and Immunology.
DTE

Hot Stocks

16:16 EDT DTE Energy issues statement in response to audit of electric distribution system - DTE Energy released the following statement from Matt Paul, president and chief operating officer, DTE Electric, in response to the third-party audit of the electric distribution system issued by the Michigan Public Service Commission. "We remain laser-focused on delivering on our commitment to our customers - reducing power outages by 30% and cutting outage time in half by 2029. To meet that commitment, as well as the customer service standards set by the Michigan Public Service Commission, we've been making significant investments as part of our accelerated plan to quickly transition to a smarter grid, aggressively trimming trees, updating our existing infrastructure and rebuilding significant portions of the grid. We appreciate the audit team confirming that DTE's proposed investment plan will deliver the dramatic improvement in reliability that our customers demand and deserve in the next five years as well as recognizing the talent and experience of our team. They also point out that our plan is both ambitious and aggressive, and we accept that challenge. We are always looking for ways to improve our processes and programs and thank the audit team for recognizing our progress, as well as providing recommendations on improvements we can make to better serve our customers. We are currently reviewing the full report and will provide a formal response through the regulatory process. We look forward to continuing to work with the Michigan Public Service Commission on ways to provide our customers with cleaner, more reliable, and affordable energy."
KKR

Hot Stocks

16:16 EDT KKR announces Q3 monetization activity - The company states: "KKR announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million. This amount includes performance income from a K-Series vehicle that is expected to be crystallized at September 30, 2024. This monetization activity quarter-to-date is made up of approximately 70% realized performance income and approximately 30% realized investment income. In addition, in its Strategic Holding segment, KKR has earned net realized investment income of approximately $85 million. This net realized investment income does not include Strategic Holdings Operating Earnings. Monetization activity across both segments is primarily driven by a combination of public secondary sales and strategic transactions that have closed quarter-to-date, as well as dividends and interest income."
SIGI

Hot Stocks

16:15 EDT Selective Insurance names Patrick Brennan CFO - Selective Insurance Group announced the appointment of Patrick S. Brennan as Chief Financial Officer, effective October 1, 2024. Brennan brings nearly two decades of insurance industry and public company executive experience to Selective, having most recently served as Treasurer of The Progressive Corporation, overseeing the treasury, capital strategy, risk management, and investor relations functions. John J. Marchioni, Selective's Chairman, President and Chief Executive Officer, said, "We are excited to welcome Patrick to Selective and have him serve as our CFO. With significant experience in the insurance space and a deep background in corporate finance, Patrick is ideally suited to oversee the execution of the financial priorities that support our long-term strategic objectives."
CCEC

Hot Stocks

16:14 EDT Capital Clean Energy Carriers to sell five container sister vessels for $118.4M - Capital Clean Energy Carriers announced it has entered into five memoranda of agreement for the sale of five container sister vessels: the M/V Hyundai Prestige, the M/V Hyundai Premium, the M/V Hyundai Paramount, the M/V Hyundai Privilege and the M/V Hyundai Platinum to a third party. The vessels are expected to be delivered to their new owners progressively between November 2024 and January 2025. The total expected book gain from the sale is estimated at $118.4M. All five vessels are debt-free, and the cash proceeds will be used to pay down debt and for general corporate purposes. The divestment of container assets is fully consistent with the strategy outlined in November 2023 to pivot the company toward gas transportation.
QGEN

Hot Stocks

16:12 EDT Qiagen, Bode team to advance GEDmatch PRO forensic genealogy database - Qiagen announced "that Bode Technology, the largest private U.S. forensics laboratory company with a growing presence in other regions, would become the exclusive global commercial partner for the GEDmatch PRO genealogy database, which is used to assist police and forensic teams with investigative comparisons of genetic data." The multi-year agreement between QIAGEN's subsidiary Verogen and Bode extends the long-standing partnership of two leading companies in forensic investigative genetic genealogy or FIGG, to further accelerate the use of GEDmatch PRO in law enforcement and identification of human remains. QIAGEN has been providing GEDmatch PRO to customers since the early 2023 acquisition of its subsidiary Verogen, a proven leader in equipping forensic science laboratories and criminal investigators to use next-generation sequencing,NGS, to gain deeper insights...As part of the partnership, Bode will manage all commercial transactions for GEDmatch PRO globally, while QIAGEN will continue to develop new features with input from Bode's genealogy experts. Bode will maintain the highest level of data security as GEDmatch PRO users will continue to own their case data and no additional identifying information will be shared with Bode. QIAGEN's subsidiary will continue to have sole responsibility and manage the separate GEDmatch consumer database and its free DNA comparison-and-analysis website, which are not affected by this partnership.
XTIA

Hot Stocks

16:11 EDT XTI Aerospace names Tobin Arthur as Chief Strategy Officer - XTI Aerospace announced the appointment of Tobin Arthur as Chief Strategy Officer, effective as of September 19, 2024. In this new role, Arthur will help guide the company's vision and oversee its sales, marketing, and investor relations.
ALEX

Hot Stocks

16:10 EDT Alexander & Baldwin acquires industrial property in Pearl City, O'ahu for $29.7M - Alexander & Baldwin announced it has completed an off-market acquisition of an industrial property in Pearl City, O'ahu for $29.7M. The 81,500-square-foot food distribution facility is fully leased to Hansen Distribution Group, a broadline food service subsidiary of C&S Wholesale Grocers, an industry leader in supply chain solutions and wholesale grocery supply in the United States. Its central location on O'ahu provides ease of access to the Daniel K. Inouye International Airport, Honolulu Harbor and Honolulu's urban core.
EBAY

Hot Stocks

16:09 EDT eBay names Samantha Wellington as Chief Legal Officer, General Counsel - eBay announced the appointment of Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary. In this role, Samantha will oversee all global aspects of eBay's legal department, including Government Relations, intellectual property, employment, litigation, regulatory and corporate work across our financial services, marketplaces, and product and technology organizations. Samantha will report directly to Jamie Iannone, eBay's CEO, and will join the company on October 7, 2024. Samantha joins eBay with a distinguished career in legal and business affairs, most recently serving as TriNet's Executive Vice President of Business Affairs, Chief Legal Officer, and Secretary.
JAMF

Hot Stocks

16:09 EDT Jamf Holding CFO Ian Goodkind to depart, David Rudow to succeed - Jamf announced the appointment of David Rudow to CFO. Rudow will begin employment with Jamf on October 28 and will succeed Jamf's current CFO, Ian Goodkind, who is departing to pursue other opportunities, effective November 28. Goodkind will work closely with Rudow to facilitate a transition. Rudow is a financial executive with experience in both public and private technology companies. Rudow joins Jamf from Cover Genius, a global embedded Insurtech company.
PANL

Hot Stocks

16:08 EDT Pangaea Logistics, MTM to combine fleets of dry bulk vessels - Pangaea Logistics Solutions and M.T. Maritime Management announced a definitive agreement to merge fifteen handy-size dry bulk vessels into Pangaea's 26 vessel supramax, ultramax, panamax and post-panamax fleet. The handy vessels are currently owned by Strategic Shipping, a privately held company managed by MTM located in Southport, Connecticut. The fifteen handy-size vessels are valued at approximately $295M, inclusive of vessel related financing agreements of approximately $102M, resulting in a total net asset value of $193M. As consideration, Pangaea will issue approximately 19M shares of its common stock to SSI equal to approximately 29% of the company's outstanding common stock upon completion of the proposed transaction, which represents the relative net asset value of SSI's vessels compared to the estimated net asset value of Pangaea of approximately $478M, or about $10.20 per share. The transaction is expected to close in the fourth quarter 2024, subject to customary closing conditions and shareholder approval.
NTRA NEO

Hot Stocks

16:07 EDT Natera says court orders injunction against NeoGenomics' accused RaDaR assay - Natera (NTRA) issued the following statement regarding its ongoing patent infringement litigation with NeoGenomics (NEO) in response to inquiries: "On Sept. 23, 2024, the District Court for the Middle District of North Carolina entered a permanent injunction against NeoGenomics' accused RaDaR assay, which was preliminarily enjoined in December 2023. Natera continues to prosecute its claim against a modified version of RaDaR for infringement of Natera's '454 patent. Natera seeks full remedies, including injunctive relief, after the Patent Office denied NeoGenomics' petition for 'inter partes' review challenging the validity of the '454 patent."
TOL

Hot Stocks

16:05 EDT Toll Brothers CEO Yearley sells 25,000 common shares - In a regulatory filing, Toll Brothers CEO Douglas Yearley, Jr. disclosed the sale of 25,000 common shares of the company on September 19 at a price of $153.0461 per share.
PIPR

Hot Stocks

15:07 EDT CFTC orders Piper Sandler to pay $2M for recordkeeping, supervision failures - The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Piper Sandler Hedging Services LLC, an introducing broker, for failing to maintain and preserve records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related to its business as a CFTC registrant. The order requires Piper Sander to pay a $2M civil monetary penalty; to cease and desist from further violations of recordkeeping and supervision requirements; and to engage in specified remedial undertakings. Piper Sandler admits the facts detailed in the order. The order finds that from at least 2019 to the present, Piper Sandler employees, including those at senior levels, communicated using unapproved communication methods, including messages sent via personal text. The firm was required to keep certain of these written communications because they related to the firm's business as a CFTC registrant. These written communications generally were not maintained and preserved by Piper Sandler, and the firm generally would not have been able to provide them promptly to the CFTC if and when requested. The order further finds the use of unapproved communication methods violated Piper Sandler's internal policies and procedures, which broadly prohibited business-related communication taking place via unapproved methods. Further, some of the same supervisory personnel responsible for ensuring compliance with the firm's policies and procedures themselves used non-approved methods of communication to engage in business-related communications, in violation of firm policy.
AMZN SLB

Hot Stocks

14:24 EDT Amazon and AWS expand deal with SLB to accelerate digital and decarbonization - Amazon Web Services or AWS, an Amazon company (AMZN) announced an extended partnership with SLB (SLB) at the SLB Digital Forum 2024 in Monaco to expand access to applications from the Delfi digital platform and explore the deployment of low carbon technologies for the energy industry. Energy Data Insights from AWS will also offer compatibility with SLB's new Lumi data and AI platform, which was launched at the SLB Digital Forum.During the Plenary Keynote at the SLB Digital Forum in Monaco, AWS CEO Matt Garman announced a new collaboration agreement to bring key technologies from SLB's Delfi digital platform to customers on AWS. The collaboration will focus on bringing Petrel subsurface software and Techlog wellbore software to AWS in 2024. Amazon and SLB have also entered into a multi-year strategic framework agreement to explore the deployment of low carbon technologies. This work will build on Amazon's goal and support our path to net zero. "There are many dynamic forces at play in our industry that can be addressed through the adoption of digital technologies," said Rakesh Jaggi, president, Digital and Integration, SLB. "Through this partnership, we will provide AWS cloud customers with our industry-leading software to optimize the energy systems of today and those of the future." Reference Link
BA

Hot Stocks

14:16 EDT Boeing offers union 30% pay increase in 'best and final' proposal - Boeing offered its more than 33,000 machinists that went on strike a general wage increase of 30% over four years, along with a ratification bonus that's been doubled to $6,000, as well as the reinstatement of the Aerospace Machinists Performance Program bonus in a "best and final" proposal. The offer is contingent on ratification by 11:59 p.m. on Friday, September 27. Reference Link
NET

Hot Stocks

14:12 EDT Cloudflare announces AI Audit for websites to control content used by AI - Cloudflare announced AI Audit, a set of tools to help websites of any size analyze and control how their content is used by artificial intelligence AI models. For the first time, website and content creators will be able to quickly and easily understand how AI model providers are using their content, and then take control of whether and how the models are able to access it. Additionally, Cloudflare is developing a new feature where content creators can reliably set a fair price for their content that is used by AI companies for model training and retrieval augmented generation or RAG..."AI will dramatically change content online, and we must all decide together what its future will look like," said Matthew Prince, co-founder and CEO, Cloudflare. "Content creators and website owners of all sizes deserve to own and have control over their content. If they don't, the quality of online information will deteriorate or be locked exclusively behind paywalls. With Cloudflare's scale and global infrastructure, we believe we can provide the tools and set the standards to give websites, publishers, and content creators control and fair compensation for their contribution to the Internet, while still enabling AI model providers to innovate."
STLA

Hot Stocks

13:57 EDT Stellantis 'categorically objects' and responds to UAW allegations - "In an email sent today to UAW President Shawn Fain, Stellantis North America COO Carlos Zarlenga set the record straight on the Company's position regarding allegations Fain made during a recent Facebook Live, following a detailed and thorough analysis. In particular, the email took exception to the suggestion that Stellantis has not honored its commitments during negotiations. After this careful review and analysis, Stellantis stands by its position that it has honored its commitments under the 2023 collective bargaining agreement," Stellantis stated. "The company affirmed that the CEO and his North American team remain available to meet and discuss these issues in the best interests of Stellantis' employees and to help the UAW understand how these actions are appropriate under the CBA," Stellantis added. Reference Link
KODK

Hot Stocks

13:43 EDT Commerce issues final determination in antidumping duty investigation - The U.S. International Trade Administration has issued a final determination in the antidumping duty and countervailing duty investigations of aluminum lithographic printing plates from the People's Republic of China and Japan. The final determination includes the imposition of duties of up to 317% on imported aluminum lithographic printing plates from China, a favorable decision for Eastman Kodak. Reference Link
SONY

Hot Stocks

12:54 EDT Sony announces new State of Play presentation for September 24 - Sony announced that a new State of Play presentation will occur on September 24, during which the company will provide news and updates on more than 20 upcoming PlayStation 5 and PS VR2 games from studios around the world. The 30+ minute show begins September 24 at 3pm PT / 6pm ET September 25 12am CEST / 7am JST on YouTube and Twitch, and will be broadcast in English and Japanese. Reference Link
RSLS

Hot Stocks

12:53 EDT ReShape Lifesciences Inc trading resumes
RSLS

Hot Stocks

12:48 EDT ReShape Lifesciences Inc trading halted, volatility trading pause
ALK HA

Hot Stocks

12:47 EDT Alaska Air announces proposed Mileage Plan financing - Alaska Air (ALK) announced that it launched a proposed senior secured term loan facility and intends to issue additional pari passu senior secured debt. The aggregate principal amount of the Mileage Plan Financing is expected to be $1.5B. The borrower under the Mileage Plan Financing is AS Mileage Plan IP Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wholly owned subsidiary of the company. The Mileage Plan Financing will be (i) fully and unconditionally guaranteed on a senior secured basis, jointly and severally, by Alaska Airlines, Inc. and AS Mileage Plan Holdings Ltd. and on an unsecured basis by the company and (ii) secured, on a first-priority basis by the Guarantors' right, title and interest in certain collateral associated with Alaska's customer loyalty program, Alaska Airlines Mileage Plan. Borrower intends to use the borrowings under the Mileage Plan Financing, after deducting fees and expenses payable by the company, (i) to fund, in part, the reserve account for the Mileage Plan Financing and (ii) to fund, in part, a collection account, and the proceeds deposited into the collection account will be used to make an intercompany loan to Alaska on the closing date of the Mileage Plan Financing. Alaska intends to use the proceeds from the Intercompany Loan (i) to redeem certain outstanding debt acquired or assumed in the merger of the company with Hawaiian Airlines (HA) pursuant to an Agreement and Plan of Merger dated as of December 2, 2023 and (ii) for general corporate purposes and to support its liquidity position.
HMN

Hot Stocks

12:44 EDT Horace Mann names Ryan Greenier as CFO - Horace Mann Educators announced earlier today that Ryan Greenier has been appointed Chief Financial Officer, effective October 1, succeeding Bret Conklin. Conklin will remain with the company through 2025 "to ensure a smooth transition before his retirement." Prior to joining Horace Mann, Greenier held leadership roles at The Hartford in investor relations and investments, and began his career at Deloitte and Touche.
AVAV

Hot Stocks

12:15 EDT AeroVironment says U.S. Army lifts stop work order on IDIQ contract - AeroVironment, in a regulatory filing earlier, said that the U.S. Army has lifted the stop work order it issued on the indefinite delivery, indefinite quantity contract with a ceiling value of $990M between the U.S. Army and AeroVironment related to the company's Switchblade systems. As a result of the lifting of the stop work order, the company will proceed with fulfilling the $128M delivery order issued under the contract. The lifting of the stop work order does not affect the U.S. Government Accountability Office's consideration of the protest filed earlier this month challenging the award of the contract to the company, AeroVironment said. Shares of AeroVironment are up nearly 8% in midday trading to $197.06.
DOCN

Hot Stocks

12:00 EDT DigitalOcean falls -7.9% - DigitalOcean is down -7.9%, or -$3.43 to $39.80.
EVTL

Hot Stocks

12:00 EDT Vertical Aerospace falls -12.6% - Vertical Aerospace is down -12.6%, or -83c to $5.77.
MNSO

Hot Stocks

12:00 EDT Miniso falls -15.8% - Miniso is down -15.8%, or -$2.60 to $13.87.
GPMT

Hot Stocks

12:00 EDT Granite Point Mortgage rises 12.7% - Granite Point Mortgage is up 12.7%, or 36c to $3.20.
MPLN

Hot Stocks

12:00 EDT MultiPlan rises 13.0% - MultiPlan is up 13.0%, or 98c to $8.50.
FEDU

Hot Stocks

12:00 EDT Four Seasons Education rises 17.9% - Four Seasons Education is up 17.9%, or $1.58 to $10.40.
DENN

Hot Stocks

11:51 EDT Denny's names Christopher Bode as president, COO, Minh Le as SVP, CTO - Denny's Inc. announced two key leadership appointments aimed at advancing the company's technological innovation and operational growth. Minh Le has been named senior vice president and chief technology officer, effective September 23, and Christopher Bode will return as president and chief operating officer, effective September 30. Minh Le will oversee the entire technology ecosystem across both Denny's and Keke's Breakfast Cafe, with a focus on modernizing and integrating innovative solutions to enhance guest experiences, improving operational efficiencies, and ensuring data security and compliance. Christopher Bode will oversee operations, marketing, finance, and HR for both corporate and franchise restaurants.
XOM

Hot Stocks

11:44 EDT California sues Exxon Mobil over 'decades-long campaign of deception' - California Attorney General Rob Bonta announced the filing of a lawsuit against ExxonMobil "for allegedly engaging in a decades-long campaign of deception that caused and exacerbated the global plastics pollution crisis." In a complaint filed in the San Francisco County Superior Court, the Department of Justice alleges that ExxonMobil "has been deceiving Californians for half a century through misleading public statements and slick marketing promising that recycling would address the ever-increasing amount of plastic waste ExxonMobil produces." Through this lawsuit, the Attorney General seeks to compel ExxonMobil "to end its deceptive practices that threaten the environment and the public." Attorney General Bonta also seeks to secure an abatement fund, disgorgement, and civil penalties for the harm inflicted by plastics pollution upon California's communities and the environment. Reference Link
GPUS

Hot Stocks

11:35 EDT Hyperscale Data Inc trading resumes
GPUS

Hot Stocks

10:55 EDT Hyperscale Data Inc trading halted, news pending
IPWR

Hot Stocks

10:39 EDT Ideal Power announces distribution agreement with Sekorm Advanced - Ideal Power announces an agreement with Sekorm Advanced Technology Co. for the distribution of Ideal Power's products throughout China. "This is a significant development in the commercialization of our B-TRAN(TM) technology as we add Sekorm as a third distributor for our products. Sekorm stands out for their expertise in demand creation throughout China, strong technical sales capability and securing sales for new technologies. This leading demand-creation distributor addresses B-TRAN(TM) target industrial and automotive markets in China, the world's largest market for power semiconductors. We look forward to collaborating with Sekorm to secure orders that may potentially lead to design wins and/or custom development agreements," said Dan Brdar, President and Chief Executive Officer of Ideal Power.
EBF

Hot Stocks

10:00 EDT Ennis rises 6.5% - Ennis is up 6.5%, or $1.55 to $25.51.
GPMT

Hot Stocks

10:00 EDT Granite Point Mortgage rises 7.4% - Granite Point Mortgage is up 7.4%, or 21c to $3.05.
BHVN

Hot Stocks

10:00 EDT Biohaven rises 18.4% - Biohaven is up 18.4%, or $7.45 to $47.84.
JHX

Hot Stocks

10:00 EDT James Hardie falls -6.3% - James Hardie is down -6.3%, or -$2.66 to $39.34.
KEP

Hot Stocks

10:00 EDT Korea Electric Power falls -7.4% - Korea Electric Power is down -7.4%, or -61c to $7.60.
MNSO

Hot Stocks

10:00 EDT Miniso falls -16.4% - Miniso is down -16.4%, or -$2.69 to $13.77.
MPLN

Hot Stocks

09:48 EDT MultiPlan falls -6.9% - MultiPlan is down -6.9%, or -52c to $7.00.
KEP

Hot Stocks

09:48 EDT Korea Electric Power falls -7.4% - Korea Electric Power is down -7.4%, or -61c to $7.60.
MNSO

Hot Stocks

09:48 EDT Miniso falls -16.8% - Miniso is down -16.8%, or -$2.76 to $13.70.
EBF

Hot Stocks

09:47 EDT Ennis rises 5.9% - Ennis is up 5.9%, or $1.42 to $25.38.
AMRC

Hot Stocks

09:47 EDT Ameresco rises 6.1% - Ameresco is up 6.1%, or $2.20 to $38.27.
BHVN

Hot Stocks

09:47 EDT Biohaven rises 12.6% - Biohaven is up 12.6%, or $5.08 to $45.48.
FEDU

Hot Stocks

09:44 EDT Four Seasons Education (Cayman) Inc(ADR) trading resumes
FRGT

Hot Stocks

09:43 EDT Freight Technologies announces 1-for-25 reverse stock split - Freight Technologies announced today that the board of directors of the company approved a one for twenty-five reverse split of its issued and outstanding ordinary shares, no par value. The company's Ordinary Shares will begin trading on a split adjusted basis on September 25. The reverse stock split is intended to increase the per share trading price of the Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq. Following the reverse stock split the company will have approximately 1.43 million Ordinary Shares issued and outstanding, exclusive of shares issuable under outstanding options and warrants.
BHVN

Hot Stocks

09:43 EDT Biohaven jumps 19% to $48 after spinocerebellar ataxia study hits endpoints
TRAW

Hot Stocks

09:42 EDT Traws Pharma Inc trading resumes
KSCP

Hot Stocks

09:42 EDT Knightscope reports four more clients upgrade to K5 ASR - Knightscope announces that four more clients have been upgraded to the fifth generation of its K5 Autonomous Security Robot. Two Casinos, a Class-A, twin-tower office complex and a storage facility all have the latest release of Knightscope's AI-powered devices that elevate safety at the places people live, work, study and visit.
WMG

Hot Stocks

09:41 EDT Warner Music unveils new leadership team, structure for Atlantic Music Group - Atlantic Music Group unveiled its new leadership team and structure. Designed to maximize AMG's cultural impact and strengthen its creative expertise, the changes will empower dedicated A&R and Marketing teams at Atlantic Records, 300 Entertainment, and 10K Projects. Starting October 1, Elliot Grainge assumes the role of CEO of Atlantic Music Group, as Julie Greenwald passes the torch after two decades. Atlantic Records, 300 Entertainment, and 10K Projects will all be helmed by forward-thinking leaders. 10K will operate within Atlantic Music Group as a standalone venture controlled by WMG. The Elektra, Fueled By Ramen, and Roadrunner imprints will continue under the AMG banner. For Atlantic Records: Lanre Gaba is promoted to President of Hip-Hop, R&B, and Global Music. Lu Mota is EVP, Head of A&R, Hip-Hop, R&B, and Global Music and Marsha St. Hubert is EVP, Head of Marketing, Hip-Hop, R&B, and Global Music. They have supported and helped develop acclaimed artists such as Cardi B, Jack Harlow, Lil Uzi Vert, Burna Boy, and many others. Kevin Weaver is President, West Coast. The longtime Atlantic leader was most recently behind the record-breaking Barbie The Album, as well as the Twisters soundtrack. In addition, Brandon Davis & Jeff Levin are EVPs and Co-Heads of A&R, Pop & Rock. Marisa Aron is promoted to EVP, Head of Marketing, Pop & Rock. The trio has managed a roster that includes Lizzo, Charli xcx, Charlie Puth, Ava Max, Melanie Martinez, and many others. For 300 Entertainment: Rayna Bass & Selim Bouab are Co-Presidents. Under their guidance, 300 has supported marquee names including Young Thug, Mary J. Blige, and Gunna, among others. For 10K Projects: Nicholas Ziangas and Molly McLachlan are promoted to Co-Presidents, having been instrumental with breakout stars like Artemas, Trippie Redd, and Rich Amiri. Atlantic Music Group will combine the strengths of key functions at Atlantic, 300, and Elektra, to create one central set of artist development services. These functions at the group level include Creative, Legal & Business Affairs, Promotion, Press & Media Strategy, Digital Marketing & Analytics, Sales & Streaming, A&R Research, A&R Administration, and Marketing Operations. For Atlantic Music Group: Craig Kallman is elevated to Chief Music Officer, expanding his remit to bring his wealth of expertise to artists and projects across the group, while enabling him to mentor the next generation of executives. Zach Friedman and Tony Talamo are promoted to Chief Operating Officer and General Manager, respectively. Friedman and Talamo joined 10K Projects in 2018 and their company Homemade Projects was acquired in 2022. Erica Bellarosa is promoted to General Counsel, heading legal & business affairs efforts across the entire group. Dave Rocco is appointed President of Creative, with responsibilities spanning creative strategy, video, artwork, advertising, and more. He most recently served as Chief Creative Officer at Republic Records and held the title of Global Head of Artist Marketing and Label Relations at Spotify. More appointments regarding department heads will be made over the coming weeks. Gregg Nadel has been appointed to a new role within WMG's Recorded Music division, to be announced soon.
MSGS...

Hot Stocks

09:39 EDT MSG family of companies partner with Lenovo, Motorola - Madison Square Garden Sports (MSGS), Madison Square Garden Entertainment (MSGE), and Sphere Entertainment (SPHR) announced an expansive partnership with global technology powerhouse Lenovo (LNVGY) and its subsidiary Motorola Mobility, a leading mobile smartphone manufacturer. As part of the multi-year partnership, Lenovo will be an Official Partner of Madison Square Garden, the Christmas Spectacular Starring the Radio City Rockettes, and the professional sports franchises the New York Knicks and New York Rangers, and will receive brand inclusion across MSG Networks. Motorola will become an Official Partner of Madison Square Garden, the New York Knicks and New York Rangers. The cornerstone of the partnership between the MSG Family of Companies and Lenovo is community engagement - with initiatives focused on small businesses and community organizations through programming with both the New York Knicks and the Christmas Spectacular Starring the Radio City Rockettes. The multi-faceted Motorola partnership will be anchored in high profile, in-venue assets - specifically as the exclusive title partner of Madison Square Garden's famed Celebrity Row.
FEDU

Hot Stocks

09:38 EDT Four Seasons Education (Cayman) Inc(ADR) trading halted, volatility trading pause
TRAW

Hot Stocks

09:37 EDT Traws Pharma Inc trading halted, volatility trading pause
H

Hot Stocks

09:36 EDT Hyatt grows luxury, lifestyle brand footprint across the Americas region - Hyatt Hotels continues the strategic expansion of luxury and lifestyle hotels with a significant development pipeline of more than 20 recent and planned openings across the U.S., Canada, Mexico, Latin America and the Caribbean through 2025. This planned growth will expand Hyatt's brand footprint in several new regional markets, allowing Hyatt to care for guests and World of Hyatt members in more places and on more stay occasions. Since 2017, Hyatt has doubled its number of luxury rooms, tripled its number of resort rooms, and quintupled its number of lifestyle rooms globally. This growth establishes Hyatt as the fastest-growing luxury portfolio with the largest number of luxury-branded rooms in resort locations worldwide and underscores Hyatt's position as the premier hotel brand for high-end travelers seeking rich and experiential luxury, resort and lifestyle stays. Hyatt found in its recent Mid-Year 2024 Consumer Sentiment and Travel Expectations Report that 88% of consumers are showing a steady intent to travel for leisure.
CRKN

Hot Stocks

09:34 EDT Crown Electrokinetics' PE Pipelines secures two contracts totaling $33M - Crown Electrokinetics announced that its PE Pipelines division has secured two contracts valued at $33 million for lead pipe remediation. The work is scheduled to begin in January 2025.
A

Hot Stocks

09:33 EDT H.I.G. Capital completes sale of BIOVECTRA - H.I.G. Capital announced the sale of its portfolio company, BIOVECTRA to Agilent Technologies for a purchase price of $925 million. Headquartered in Charlottetown, Prince Edward Island, Canada, BIOVECTRA has approximately 650 employees and eight facilities with over 270,000 square feet of facility space. The Company produces biologics, highly potent active pharmaceutical ingredients, and other molecules for targeted therapeutics H.I.G. acquired BIOVECTRA in November 2019 and successfully established the Company as an independent, standalone organization. H.I.G. supported the Company in strengthening the executive management team, successfully completing three major facility build-outs, and growing the sales pipeline significantly while shifting the Company's business profile to focus more on commercial products. Due to these strategic initiatives, the Company achieved an industry-leading growth profile, resulting in an outstanding outcome for shareholders.
REE

Hot Stocks

09:28 EDT Ree Automotive kicks off U.S. production with Roush Industries - REE Automotive announced has selected Roush Industries to assemble REE's P7 vehicles at Roush's Detroit-area factory. REE will continue to manufacture its proprietary REEcorner technology in its UK Coventry Integration Center. With a focus on speed to market and impeccable build quality, Roush's assembly team unites decades of design, engineering, machining, fabrication, testing, manufacturing, and supply chain expertise to deliver a scalable process for REE. Roush will be supported onsite by a joint REE and Motherson team, who will be responsible for overall quality assurance, logistics, and testing. Roush, as U.S. contract manufacture for the P7 lineup, will be responsible for the assembly of full vehicles according to REE's requirements. REE's software-defined electric trucks will be assembled at Roush's Detroit based site specifically chosen for REE's requirements and designed to have a yearly capacity of up to 5,000 trucks. Motherson, a leading global automotive part supplier with whom REE signed a strategic agreement, will manage global supply chain and logistics targeting cost reduction, improved unit economics and higher margines.
CAPR

Hot Stocks

09:26 EDT Capricor Therapeutics to provide DMD program update - Capricor Therapeutics will host an investor webcast on Tuesday, September 24, 2024 at 8:30 a.m. ET to provide an update on its Duchenne muscular dystrophy program. The update will consist of the latest regulatory updates following the Company's recent meetings with the U.S. Food and Drug Administration.
SAIH

Hot Stocks

09:22 EDT SAIHEAT signs two MoUs for HEATNUC business line - SAIHEAT announces the signing of two Memorandums of Understanding for its HEATNUC business line. These agreements aim to strengthen cooperation within the small modular reactor industry in the Middle East and globally. These memorandums of understanding aim to enhance SAI.TECH's competitiveness in the Middle Eastern and global markets, and further promote its localization strategy in the region. The MoU signed with Jiangsu Shentong Nuclear Equipment Co., Ltd., signifies a strategic partnership focused on the export of electrical and instrumentation control system equipment for nuclear power and engineering projects. This includes butterfly valves, ball valves, check valves, instrument valves, air valves, sight glasses, pit filters, shellfish strainers, and rubber diaphragms, targeting the nuclear power and energy sectors. The collaboration also encompasses nuclear safety and quality management initiatives. The second MoU engaged with Shanghai Kaiquan Pump Co., Ltd., outlines plan for joint production of nuclear and Small Modular Reactor equipment and components. This collaboration aims to enhance competitiveness and localize production in the Middle East. Shanghai Kaiquan's products cover all types of Class II and III centrifugal pumps, including vertical/horizontal single-stage single-suction and horizontal single-stage double-suction centrifugal pumps, as well as vertical, etc. The collaboration aims to jointly manufacture nuclear and Small Modular Reactor equipment and components, focusing on boosting competitiveness and localization efforts.
RMCO

Hot Stocks

09:20 EDT Royalty Management, LVC Global partner to develop tech to refine PGMs - Royalty Management has established a multi-party relationship that includes LVC Global Holdings and ReElement Technologies Corporation. The aim of the relationship is to develop intellectual property specifically for sourcing and the refining of mined feedstock and ores containing gold, silver, and platinum group metals that is expected to be more environmentally sensitive and lower cost than traditional methods. In return and as consideration of funding the development, the Company will earn a royalty stream from all refined products sold utilizing the developed intellectual property and patents. ReElement Technologies Corporation has previously pioneered development of the refining of other critical minerals and metals through low-cost methods that involve innovative technologies that are changing the way industries are approaching metal and elemental refining. Royalty Management has agreed to provide funding for new technology development outside their current intellectual property to refine Platinum Group Metals, gold, and silver in what is expected to be a substantially lower cost and more environmentally sensitive method than the traditional methods for processing and refining these ores. Furthermore, the Company has entered into a strategic cooperation agreement with LVC Global, an energy, natural resources, and infrastructure asset acquisition and advisory firm, to assist Royalty Management in sourcing mining operations and reserves containing elements in PGM, gold, and silver, while creating new market opportunities in this space. LVC Global has decades of experience in sourcing and conducting due diligence of mining assets that will complement Royalty Management's deployment and scaling of the intellectual property being developed under this program.
ATPC

Hot Stocks

09:19 EDT Agape ATP launches enhanced version of wellness supplement ATP2 - AGAPE ATP unveils the enhanced version of its wellness flagship supplement, ATP2. This product, improved with advanced scientific developments, is designed to address key health challenges including aging, metabolism, and chronic disease management. ATP2 represents a significant advancement in nutritional science, offering a holistic approach to improving health, boosting energy, and supporting overall well-being. At the launch, ATPC announced that the company is targeting to sell 5,000 units by the end of the year, driven by the product's unique blend of plant-based enzymes, minerals, amino acids, and cutting-edge hydrogen acetate technology. ATPC is confident that demand will surge as consumers increasingly seek natural solutions to improve their health and vitality.
COSM VRAX

Hot Stocks

09:17 EDT Cosmos Health enters exclusivity agreement with Virax Biolabs - Cosmos Health (COSM) has entered into an exclusivity agreement with Virax Biolabs (VRAX) to distribute mpox virus real-time PCR detection kits across India.
RYAM

Hot Stocks

09:17 EDT Altamaha Green Energy receives certified purchase power agreement - Altamaha Green Energy, a joint venture between Beasley Green Power, and Rayonier Advanced Materials , announced that the Georgia Public Service Commission has certified a Power Purchase Agreement for AGE to produce and sell up to 70 MW of electricity to Georgia Power Company for a 30-year period. This approval marks a significant milestone in AGE's development of a renewable energy project aimed at producing sustainable electricity for the state of Georgia. "Altamaha Green Energy was formed in response to Georgia Power's competitive and public bidding process for renewable energy solutions," said Darrell Beasley, Chairman of AGE.
MULN

Hot Stocks

09:16 EDT Bollinger Motors announces production of customer-ready B4 electric truck - Mullen Automotive announced that its subsidiary, Bollinger Motors, reached a milestone on Sept. 20, 2024, with production of the first customer-ready B4 electric truck in Livonia, Michigan.
KAVL

Hot Stocks

09:14 EDT Kaival Brands enters merger, share exchange agreement with Delta Corp - Kaival Brands Innovations Group and Delta Corp Holdings announced that the companies have entered into a definitive merger and share exchange agreement whereby Kavial Brands and Delta will each become wholly owned subsidiaries of a specially created holding company incorporated under the laws of the Cayman Islands, Delta Corp Holdings. The closing of the transactions contemplated by the definitive agreement is subject to certain conditions, including, without limitation, the approval of the shareholders of Kaival Brands and the approval of the listing of the shares of Pubco on the Nasdaq Stock Market. Delta shareholders will become the majority shareholders of Pubco as further detailed below. Following closing of the transactions, which the parties expect will occur in the fourth quarter of 2024, the combined company would be traded on Nasdaq. The combined company will continue to operate under the Delta management team led by Mudit Paliwal, Chief Executive Officer and Founder; Peter Shaerf, Non-Executive Chairman; and Joseph Nelson, Chief Financial Officer, with Kaival Brands as a wholly owned subsidiary of the Pubco. The business combination will be effectuated through a holding company structure, whereby Kaival Brands and Delta will each become wholly-owned subsidiaries of Pubco. Under the agreement, shareholders of Kaival Brands will receive 1 ordinary share of Pubco for each share of Kaival Brands common stock they own as of the closing of the business combination, and Delta shareholders will exchange their shares of Delta for $270 million in ordinary shares of Pubco, subject to certain adjustments, at an implied value per share of $2.66, as set forth in the definitive agreement. Immediately prior to the closing of the business combination, the stockholders of Kaival Brands are anticipated to collectively own approximately 10.30% of the outstanding ordinary shares of Pubco, and Delta shareholders immediately following this closing are anticipated to collectively own approximately 89.70% of the outstanding ordinary shares of Pubco. The definitive agreement also includes an earnout to existing shareholders of Delta, which, if earned, consists of $30 million of additional ordinary shares of Pubco, which would be issued to Delta shareholders if the Surviving Public Company achieves or exceeds revenues of $700 million and either Earnings Before Interest, Taxes, and Depreciation and Amortization of $20 million or net income of $10 million, in each case for the fiscal year ending December 31, 2025. The definitive agreement contains customary representations, warranties and covenants made by Kaival Brands and Delta, including covenants relating to both parties using their commercially reasonably efforts to cause the transactions contemplated by the agreement to be satisfied, covenants regarding obtaining the requisite approval of Kaival Brands' shareholders, covenants regarding indemnification of directors and officers, and covenants regarding Kaival Brands' and Delta's conduct of their respective businesses between the date of signing of the agreement and the closing. The definitive agreement also contains certain termination rights for both Kaival Brands and Delta, and, in connection with the termination of the agreement under certain circumstances, Kaival Brands and Delta may be required to pay the other party a termination fee. The definitive agreement has been unanimously approved by the Board of Directors of Kaival Brands and by the Board of Directors of Delta. The Kaival Brands Board of Directors has also recommended to Kaival Brands' shareholders that they vote to approve the definitive agreement and the business combination. Kaival Brands also received a fairness opinion in connection with the business combination. The business combination is expected to close in the fourth quarter of 2024, subject to certain conditions set forth in the definitive agreement, including the approvals by the requisite shareholders of Kaival Brands described above, the listing of Pubco ordinary shares on Nasdaq, as applicable, and other customary closing conditions.
PSBD

Hot Stocks

09:13 EDT Palmer Square announces supplemental dividend of 5c per share - Palmer Square Capital announced that its Board of Directors has declared a third quarter 2024 supplemental dividend of 5c per share. Shareholders of record as of September 27 will receive the supplemental dividend, payable on October 14. The supplemental dividend will be paid out of the excess of the Company's quarterly undistributed net investment income, above the third quarter 2024 base dividend of 42c per share, payable on October 14 to shareholders of record as of September 27 .
NWVCF

Hot Stocks

09:12 EDT EnWave reaches civil litigation settlement with former CEO, employees - EnWave has reached global settlements of its civil claim in the Supreme Court of British Columbia against EnWave's former CEO, Timothy Durance, as well as three other former EnWave employees: Gary Sandberg, Bino Anand and Reihaneh Noorbakhsh. Pursuant to the settlement, Mr. Durance, Mr. Sandberg and Mr. Anand, together with three companies associated with Mr. Durance, including Dehydration Research, LLC and Durance Technologie), are permanently restrained and enjoined from, directly or indirectly, selling, attempting to sell, supplying, delivering or installing vacuum microwave dryers. The Durance Defendants are also obligated to assign all issued and pending patents in the name of the Durance Defendants to EnWave. EnWave has also reached settlements with all other defendants named in its civil claim, including B.C. Hop Company and Peregrine Precision Systems. EnWave will continue to vigorously protect its intellectual property and position as the global leader in vacuum-microwave dehydration technology.
CPXWF

Hot Stocks

09:11 EDT Capital Power engages at New York Climate Week - Capital Power attends New York Climate Week at such a critical moment in the continued evolution of power production and consumption, fueled by economic development, population growth and technology advancements like artificial intelligence. There is an urgent need to address the skyrocketing global demand for plentiful, reliable, and affordable energy, particularly as economies grow, and populations increase, and advancements in AI compound this need - far more than experts had anticipated. From voice assistants to AI-powered recommendations on streaming platforms or the rise in "smart homes," a massive energy consumption network lies beneath the surface of these everyday conveniences. "The need for balanced energy solutions will become even more critical as unprecedented power demand growth reshapes our world," shares Avik Dey, President and CEO. "Enabling this future requires profound changes to address the energy expansion and a more thoughtful lens to be applied to our decisions and choices as users and consumers. At Capital Power, we're committed to Powering Change by Changing PowerTM, and we see the energy future as a 'both/and' scenario, not an 'either/or.' It's about harnessing renewables, exploring nuclear energy, and using reliable, dispatchable power sources like natural gas to create a balanced, resilient energy mix to support global growth and the AI revolution."
TTOO

Hot Stocks

09:10 EDT T2 Biosystems announces publication of article in The Lancet - T2 Biosystems highlighted a recently published article in The Lancet, a world-leading medical journal. The article titled "Changing the Culture of Blood Culture" was authored by Sally Davies, Richard A Marfuggi, Rick A Bright, Steve Brozak, and Michael Osterholm on September 20, 2024. The authors highlighted certain weaknesses of blood culture, the ideal characteristics of culture-independent diagnostics, how to move beyond the culture of blood culture, and how to implement rapid culture-independent diagnostics: Weaknesses of blood culture: blood culture has poor sensitivity, especially with low blood volumes; it is time-consuming, typically taking 24-72 hours for initial results; it is vulnerable to contamination; it has reduced effectiveness in people who have received antibiotics; and is a labor-intensive process requiring skilled technicians. Ideal characteristics of culture-independent diagnostics: culture-independent diagnostic tests need to display proven accuracy; they need to be accurate despite previous antimicrobial therapy; they need to provide results in 3-5 hours; they need to detect a range of bacterial, fungal, and antimicrobial resistance pathogens; they need to be low-cost, easy to use, and accessible; and they should have a low cross-contamination risk and low sample volume requirements. How to move beyond the culture of blood culture: the ongoing crisis in blood-culture availability should encourage the development and implementation of more efficient and resilient diagnostic methods. Moving beyond the culture of blood culture will require changes to reimbursement codes and practices for new diagnostic technologies. Governments, health-care systems, and private-sector entities should designate funding for new diagnostic technologies. Frugal innovation will be important in these efforts, combining state-of-the-art technologies with cost-effective solutions to make advancements accessible, even in resource-limited settings. Implementation of rapid, culture-independent diagnostics: rapid, accurate diagnostics should be integrated into antimicrobial-stewardship programs to enable targeted therapy. Once implemented, global collaboration is needed to share best practices, coordinate research efforts, and ensure equitable access to new diagnostics. Culture-independent diagnostics have the potential to improve health outcomes and strengthen the global response to infectious diseases.
COHR

Hot Stocks

09:09 EDT Coherent announces general availability of 100G ZR QSFP28 DCO transceiver - Coherent announces the general availability and production release of the industry's first 100G ZR QSFP28 digital coherent optics transceiver. Leveraging the unparalleled efficiency of Steelerton digital signal processor technology from Coherent, the 100G ZR QSFP28-DCO module sets a new standard for low power consumption, operating at an industry-leading 5 W in a highly compact form factor. This innovative DSP is integrated with a cutting-edge silicon photonics optical front-end and a power-optimized tunable laser, based on the Coherent indium phosphide platform. The combination of proprietary DSP and optics designs exemplifies the value of vertical integration for superior performance and scalability.
BWA GM

Hot Stocks

09:08 EDT BorgWarner launches largest passenger car twin turbochargers - BorgWarner (BWA) has solidified an agreement to deliver its turbochargers for use on the General Motors (GM) Corvette ZR1 sports car platform, marking the largest passenger car twin turbochargers in the market to be released to date. Paired with the automaker's 5.5-liter flat plane crankshaft V8 engine, this "unthinkable" Corvette is capable of 1,064 horsepower and 828 pound-feet of torque.
DAKT

Hot Stocks

09:08 EDT Daktronics partners with Miami Heat for Flame Ball centerhung - The Miami HEAT have partnered with Daktronics of Brookings, South Dakota, to engineer, manufacture and install the first-ever Flame Ball centerhung at Kaseya Center in Miami, Florida. The logo-shaped LED sculpture is a part of 61 LED displays delivering more than 11,000 square feet of digital canvas to the live event experience in 2024. The system is a 585% increase from the previous displays and features 72 million pixels powered by Daktronics Show Control.
DTE

Hot Stocks

09:07 EDT DTE Energy, DENSO announces leading mobility supplier enrolled in CleanVision - DENSO and DTE Energy announced that the leading mobility supplier has enrolled in DTE's CleanVision MIGreenPower program, one of the largest voluntary renewable energy programs in the U.S. DENSO's Belleville Logistics Center and one facility at its North American headquarters in Southfield will participate in the initiative. Through MIGreenPower, DENSO will attribute 100% of the electricity use at the participating facilities to DTE's Michigan-based wind and solar parks throughout the state for 10 years, going above and beyond the 15% renewable energy DTE already provides all electric customers.
AVGO

Hot Stocks

09:07 EDT Broadcom announces general availability of Sian2 - Broadcom announced the general availability of Sian2, 200 Gbps per lane PAM-4 DSP PHY. Sian2 features 200G/lane electrical and optical interfaces to augment the Sian DSP that supports 100 Gbps electrical and 200Gbps optical interfaces. Sian and Sian2 DSPs enable pluggable modules with 200G/lane interfaces that are foundational to connect next generation AI clusters.
JBLU

Hot Stocks

09:06 EDT JetBlue, Aether Fuels sign MOU for supply of sustainable aviation fuel - Aether Fuels has signed a Memorandum of Understanding with JetBlue. Aether has developed a technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels at a lower cost and greater scale than existing approaches. The agreement creates a pathway for Aether to supply JetBlue with sustainable aviation fuel when commercial production begins. The MOU extends Aether's relationship with JetBlue that began when its venture capital subsidiary, JetBlue Ventures, invested in Aether's convertible note and Series A financings.
QRTEA

Hot Stocks

09:05 EDT Qurate Retail Group appoints Bucaro as Chief Merchandizing Officer for HSN - Qurate Retail Group, part of Qurate Retail, Inc. (Nasdaq:QRTEA, QRTEB, QRTEP), announced the appointment of Rosalia Bucaro as its Chief Merchandising Officer for HSN.
SCS

Hot Stocks

09:04 EDT Steelcase announces the release of its 2024 Impact Report - Steelcase announces the release of its 2024 Impact Report, "Our Work Toward Better Futures." The report shares recent goals and progress to build community and belonging in the workplace, as well as the company's new commitment to reduce carbon emissions to net zero by 2050.
RPD

Hot Stocks

09:04 EDT Rapid7 adds third-party detections for defensed in-depth with MTC - Rapid7 announced the addition of third-party detections for defense in-depth with Managed Threat Complete, the company's Managed Detection and Response solution. Rapid7's global service now includes coverage for CrowdStrike Falcon, SentinelOne Singularity Endpoint, and Microsoft Defender for Endpoint. Native endpoint security has always been part of Rapid7's defense-in-depth approach. Now, by enriching and layering SOC expertise with third-party endpoint detections, MTC delivers a more comprehensive defense of the customer's extended ecosystem.
QUAD...

Hot Stocks

09:03 EDT Quad/Graphics announces collaboration with Google Cloud - Quad/Graphic (QUAD) announced a collaboration with Google Cloud (GOOGL) to leverage its cloud services in the development of a data, creative and personalization powerhouse. Quad's leading-edge solutions are designed to give advertisers and marketers exceptional accuracy, transparency and cost-efficiency in making direct connections - on-line and off-line - with their customers.
SPT

Hot Stocks

09:03 EDT Sprout Social partners with Carahsoft as NASPO-approved vendor - Sprout Social announced their publishing, engagement, customer care, advocacy, and AI-powered business intelligence solutions have been added to the National Association of State Procurement Officials ValuePoint Cloud Solutions Contract held by Carahsoft Technology. The contract enables Carahsoft and its reseller partners to provide Sprout Social's products to participating state and local government agencies. NASPO ValuePoint Cloud Solutions Contract is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model. The program provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states and the purchasing power of their public entities, NASPO ValuePoint Cloud Solutions delivers the highest valued, reliable and competitively sourced contracts, offering public entities outstanding pricing.
FQVLF

Hot Stocks

09:02 EDT First Quantum Minerals reports fatality at Kansanshi - First Quantum Minerals regrets to announce that an employee at the Kansanshi operation passed away following a traffic accident involving a tracked dozer and a light vehicle. The Mine Safety Department and relevant local authorities have been notified about the accident and the Company will fully cooperate in their investigations. An internal investigation into the accident is also underway. The site of the accident was immediately secured and operations in the area of the accident have been temporarily suspended and will resume once it is determined that it can be done so in a safe manner.
PHG

Hot Stocks

09:01 EDT Philips, Jackson Health System announces results of collaborative LCA - Royal Philips and Jackson Health System announced results of a collaborative Life Cycle Assessment measuring the sustainability impact of transitioning to Philips next generation monitoring solutions. The study was conducted at Jackson Memorial Hospital, Jackson North Medical Center and Jackson South Medical Center in Miami-Dade County in Florida. The Philips patient monitors, deployed as an Enterprise Monitoring as a Service business model, can help reduce carbon emissions by 685.1 tons of CO2e or 47% compared to previous systems. This significant reduction also eliminates the need for an estimated 420,000 disposable AA batteries and 6.5 million sheets of paper, which can allow the health system to save $1.2 million over a 10-year device lifetime. These findings suggest that patient monitoring can become part of an overall carbon reduction strategy for health systems. Data from the LCA indicates that the Philips IntelliVue and EarlyVue monitors can help reduce the health system's patient monitoring carbon footprint by 508 tons of CO2e across all facets of the lifecycle. Battery and paper savings reduce CO2e by an additional 177.1 tons. Before upgrading to Philips, all of Jackson's legacy telemetry patient monitors were powered by disposable AA batteries, requiring hundreds of replacements each week. With the previous monitors, clinicians printed paper wavestrips multiple times a day per patient and then manually scanned them into their electronic medical record. In contrast, Philips telemetry monitors can run on rechargeable batteries, and provide a digital, automated wavestrip workflow, eliminating paper waste and freeing clinicians to spend more time with patients.
KRON

Hot Stocks

09:00 EDT Kronos Bio highlights istisociclib data at Ovarian Cancer Research Symposium - Kronos Bio highlighted new preclinical data from a study of istisociclib. The poster presentation took place over the weekend at the American Association for Cancer Research 15th Biennial Ovarian Cancer Research Symposium. Kronos Bio is currently evaluating istisociclib, a CDK9 inhibitor, in an expansion cohort of a Phase 1/2 clinical trial to explore single agent activity in platinum-resistant high-grade serous ovarian cancer. From the presentation, "Preclinical and clinical data support clinical expansion of istisociclib, an oral CDK9 inhibitor, into platinum-resistant ovarian cancer," a summary of results is outlined below. In vitro data demonstrate that istisociclib induced apoptosis/cell death; Istisociclib resulted in the accumulation of gammaH2AX, a sensitive molecular marker of DNA damage; Istisociclib disrupted homologous recombination DNA damage repair by downregulating BRCA1 and RAD51 creating a "BRCAness" phenotype in platinum and PARP resistant HR-proficient ovarian cancer cells; From the dose escalation portion of the Company's ongoing Phase 1/2 trial of istisociclib in relapsed or refractory transcriptionally addicted advanced solid tumors, new pharmacokinetic/pharmacodynamic results were presented. From the dose and schedule optimization portion of the trial evaluating 60mg and 80mg of istisociclib administered once daily on a 4 days on/3 days off schedule:; Clinical exposures resulted in a long half-life of approximately 24 hours, and increased and prolonged weekly exposures consistent with efficacious levels observed in preclinical models; Concurrent with increased and prolonged istisociclib exposure, deeper and more sustained downregulation of CDK9-dependent genes was observed in peripheral blood mononuclear cells.
QTWO

Hot Stocks

08:58 EDT Q2 Holdings CFO David Mehok to depart, Jonathan Price to succeed - Q2 Holdings announced the appointment of Jonathan Price as its CFO to be effective November. Price brings nearly 20 years of experience in corporate finance and operating leadership roles across investment banking, corporate strategy and the technology and financial services software industries. Price has significant leadership experience at Q2, currently serving as executive VP, strategy and emerging businesses, where he has been instrumental in guiding and shaping Q2's strategic initiatives with a view to creating long-term value while delivering on the company's mission. Price will succeed David Mehok who will be departing Q2 to spend more time with family. Mehok will remain as Q2's CFO through the filing of its quarterly report on Form 10-Q to facilitate a transition. Responsibility of the company's emerging businesses operations will now be transitioned to Kirk Coleman, Q2's president.
DOX

Hot Stocks

08:58 EDT Rizz Wireless selects Amdocs connectX to enable mobile experience - Amdocs announced that Rizz Wireless has chosen the Amdocs connectX cloud-native SaaS platform to support its new digital offering that enables subscribers to enjoy uninterrupted US local connectivity while traveling internationally.
AIMD

Hot Stocks

08:57 EDT Ainos plans to initiate Taiwan clinical study of VELDONA for Sjogren's Syndrome - Ainos plans to conduct a Taiwan clinical study for very low-dose interferon alpha on treating Sjogren's syndrome at Taipei Medical University-Shuang Ho Hospital. A total of eight clinical trials have been conducted in the U.S. by the Company to evaluate the use of VELDONA for treating Sjogren's syndrome. Three Prior Phase 3 studies show positive benefits in increasing unstimulated whole saliva secretion without significant adverse effects. The upcoming study will be conducted by the Allergy, Immunology, and Rheumatology Department at Shuang Ho Hospital. The trial will follow the diagnostic criteria established by the American College of Rheumatology and the European League Against Rheumatism in 2016, aiming to recruit 24 patients. Each participant will take three sublingual tablets of VELDONA daily for 24 to 48 weeks. The primary objective is to evaluate the efficacy of VELDONA in improving saliva secretion and dryness symptoms in patients with primary Sjogren's syndrome. Secondary objectives include: 1. Measuring the change in the EULAR Sjogren's Syndrome Patient Reported Index for dryness symptoms on a scale from 0 to 10; 2. Evaluating changes in the EULAR Sjogren's Syndrome Disease Activity Index; 3. Assessing improvements in oral and ocular symptoms using a visual analog scale for eight dryness-related items; 4. Monitoring salivary gland function using a nuclear medicine salivary gland scan. Study Timeline and Progress ComboTrial Consultancy Ltd., a contract research organization certified by the Taiwan Food and Drug Administration, will manage the clinical trial. Institutional Review Board submission has been completed at Shuang Ho Hospital. TFDA approval is expected to be submitted in October, 2024. The trial is anticipated to complete all regulatory approvals by November 2024, with a site initiation meeting and first patient visit projected for December 2024. The patient enrollment will last approximately six months, with the last patient's first visit expected by May 2025, and the last patient's last visit by November 2025. The study is expected to conclude in January 2026.
AREC

Hot Stocks

08:55 EDT ReElement, Ivy Tech partner on training, degree pathway program - American Resources' ReElement Technologies Corporation announced the collaboration with Ivy Tech Community College of Indiana on a unique training and degree pathway program. This collaboration, under the Achieve Your Degree initiative, aims to offer an affordable means of access to an Ivy Tech education and technical training that can support ReElement's growing employee base and job growth in the exciting field of clean energy and material processing. The collaboration will allow for a cohesive program for employee attraction, retention, training and advancement. As previously announced, Marion, Indiana was selected by ReElement Technologies for this next phase of expansion after several months of careful analysis and examination of several potential sites throughout the Midwestern United States. Once fully operating, the ReElement Marion Advanced Technology Center will support over 300 fulltime jobs in the clean tech industry.
PRSO

Hot Stocks

08:53 EDT Peraso announces purchase order for advanced roaming technology in Korea - Peraso announced the receipt of a purchase order for its High-Velocity Roaming technology. This technology enhances high-speed internet connectivity on moving trains and subways. The initial quantities of this order will be used to demonstrate and characterize the use of 60GHz for high velocity roaming in the Korean public transportation system.
TPCS

Hot Stocks

08:52 EDT TechPrecision appoints Richard Roomberg as CFO - TechPrecision has appointed a new CFO. The company announced that on September 19, 2024, it entered into an employment agreement with Richard Roomberg to become its CFO effective September 20, 2024. Management and the Board would like to thank Barbara Lilley for her hard work during this very difficult last year and note that with Mr. Roomberg's appointment, she has stepped down as CFO to become Controller. Roomberg has been the Chief Accounting Officer and Senior Financial Executive with several corporation.
COHR

Hot Stocks

08:45 EDT Coherent to demonstrate broad portfolio of products at ECOC 2024 - Coherent will showcase its new products and technologies for next-generation optical communications networks at ECOC 2024 exhibition, September 23-25 at the Messe Frankfurt, Booth #A10. Coherent thought leaders will present at panels, technical sessions and workshops.
BKNG

Hot Stocks

08:44 EDT PolyAI partners with OpenTable to offer support using voice AI - PolyAI announced a partnership with Booking Holdings' OpenTable, expanding PolyAI's guest-led voice assistants to enterprise restaurants. Locations that opt in will be able to take reservations over the phone, answer questions, gain visibility in customer trends, and deliver on-brand experiences - all while alleviating staff time and resources.
NNE

Hot Stocks

08:44 EDT Nano Nuclear Energy launches subsidiary Nano Nuclear Space - NANO Nuclear Energyannounced the launch of a new subsidiary, NANO Nuclear Space, to explore the potential commercial applications of the Company's developing micronuclear reactor technology in space. NNS will utilize NANO Nuclear's world class scientific and engineering teams to examine the adaptation of NANO Nuclear technologies to contribute towards humanity's drive to expand beyond low earth orbit. NNS will focus on optimizing "ZEUS", a solid core battery reactor, and "ODIN", a low-pressure coolant reactor, for applications such as power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface. Innovative technologies, like the Annular Linear Induction Pump technology developed by Carlos O. Maidana, Ph.D., which was recently acquired by NANO Nuclear, will be leveraged to optimize cooling and heat transfer capabilities and address challenges in high-efficiency thermal fluid management in high temperature applications, including energy generation and even propulsion.
SPTN

Hot Stocks

08:43 EDT SpartanNash announces promotion of Weis to VP, Distribution Finance - SpartanNash announced the promotion of Paul Weis from Director, Financial Planning & Analysis to Vice President, VP, Distribution Finance. Weis will oversee finance for the Company's global supply chain and report to Executive Vice President and Chief Financial Officer Jason Monaco.
KZIA

Hot Stocks

08:42 EDT Kazia Therapeutics announces presentation of EVT801 - Kazia Therapeutics announces the presentation of data highlighting promising clinical activity of EVT801 in high grade serous, HGS, Ovarian Cancer at the 15th Biennial Ovarian Cancer Research Symposium, co-presented by American Association of Cancer Research, AACR, and the Rivkin Center for Ovarian Cancer Research on Saturday, September 21, 2024 in Seattle Washington. Key points of the presentation included: A total of 26 patients were treated across 6 dosing cohorts ranging from 50mg once daily (QD) to 500mg twice daily; Patients with eleven different cancer types were enrolled in the study, with heavily pretreated advanced ovarian cancer being the most prevalent indication; Biomarkers have shown strong VEGFR3 expression in multiple indications, including ovarian cancer; Encouraging clinical activity in High Grade Serous ovarian cancer patients with forty-six percent having stable disease or for at least three cycles, including two patients who received 9 cycles; One patient had a partial response after 2 cycles of EVT801 therapy
MKFG

Hot Stocks

08:42 EDT Markforged enters settlement, patent license agreement in IP litigation - Markforged entered into a Settlement and Patent License Agreement in connection with the patent infringement litigation brought by Continuous Composites. The Settlement Agreement resolves all claims and counterclaims in this litigation, which is currently pending before the United States District Court for the District of Delaware. As previously disclosed in our public filings, in July 2021, Continuous Composites filed a patent-infringement lawsuit against Markforged. Four patents originally asserted against Markforged, comprising a total of nineteen patent claims, were removed from the case in April 2023, leaving four claims from a patent that was added to the case in 2022. Two of the four claims from the remaining patent were tried to a jury in April 2024. On April 11, 2024, the jury found one of the two remaining patent claims Continuous Composites asserted at trial against us to be invalid and not infringed. However, the jury found that we had infringed the other patent claim and awarded monetary damages to Continuous Composites in the amount of $17.34 million. We challenged this verdict through post-trial motions. Through its post-trial motions, Continuous Composites also asserted claims for additional royalty payments for sales of certain products manufactured and/or sold by Markforged in the United States after December 31, 2023. Under the terms of the Settlement Agreement, Markforged will make an upfront payment of $18 million to Continuous Composites, which is expected to occur in the fourth quarter of fiscal year 2024, and three additional installment payments thereafter of $1 million, $2 million and $4 million in the fourth quarters of fiscal years 2025, 2026 and 2027, respectively. In consideration of such payments, the Settlement Agreement provides for a dismissal of all claims with prejudice, cross-licenses of the parties' respective patent portfolios, a mutual release of claims for liabilities arising prior to the effective date of the Settlement Agreement and mutual covenants not to sue. As a condition to the effectiveness of the Settlement Agreement, the Company also entered into a Security Agreement with Continuous Composites pursuant to which the Company granted Continuous Composites a security interest in, among other assets, Markforged's patent intellectual property rights. The Settlement Agreement acknowledges that neither party admitted to any liability or wrongdoing with respect to the claims alleged in the Continuous Composites Lawsuit. The Settlement Agreement also requires the parties to file a joint dismissal of the dispute with prejudice with the District Court to dismiss all claims and counterclaims with prejudice. The Settlement Agreement is subject to review by the District Court.
VRNT FIVN

Hot Stocks

08:41 EDT Verint and Five9 deepen partnership for for AI-driven customer experience - Verint (VRNT) and Five9 (FIVN) announced a deeper partnership through a new cloud-to-cloud platform integration focused on AI market leadership. The integrated Verint and Five9 platforms now deliver a powerful array of tangible business outcomes to organizations with full cloud-to-cloud connectivity. "With this deepened partnership, we are making it easier than ever for customers to integrate the Five9 Intelligent CX Platform with Verint Cloud Solutions," said Five9's Jake Butterbaugh, senior vice president, International Sales and Global Partners. "We remain committed to giving our customers choice for best-fit technology solutions backed by industry-leading professional services and support staff. This native cloud-to-cloud integration, fully supported by Five9, is a testament to our strong and enduring partnership as we help companies set new standards for excellence in customer experience." "Building on our long-standing partnership, the new cloud-to-cloud connectivity makes it easier for our customers to achieve tangible AI business outcomes, now," commented Verint's John Bourne, senior vice president, Global Channels and Alliances.
THO

Hot Stocks

08:41 EDT Thor Industries, Harbinger collaborate to deliver hybrid Class A motorhome - THOR Industries unveiled the world's first hybrid Class A motorhome, the THOR Test Vehicle. The vehicle is built on an electric vehicle platform developed by EV manufacturer Harbinger. THOR and Harbinger collaborated to integrate a low-emissions gasoline range extender that can recharge the electric battery system, delivering an estimated 500 miles of range. RVs utilizing the hybrid platform will be commercially available in 2025 from the THOR family of companies and are expected to qualify as a Near-Zero Emission Vehicle, NZEV, under the Advanced Clean Truck legislation, adopted by the California Air Resources Board, CARB.
COHR

Hot Stocks

08:40 EDT Coherent to demonstrate 1.6T-DR8, 800G-DR4 transceivers at ECOC 2024 - Coherent Corp. announced the demonstration of two advanced transceiver modules at the European Conference on Optical Communication 2024, set to take place in Frankfurt, Germany, September 23-26. These modules, both operating at 200 Gbps per lane, demonstrate the company's commitment to continued leadership and innovation across multiple optical technologies. The next-generation 1.6T-DR8 transceiver module in the OSFP standard enables data center interconnects, with eight electrical and eight optical lanes each running at 200 Gbps for a total capacity of 1.6 terabits per second. The module incorporates an advanced digital signal processor provided by NVIDIA and is purpose-built for artificial intelligence and networking applications. Capable of transmitting over distances of up to 500 meters via eight pairs of single-mode fiber, this transceiver showcases silicon photonics technology from Coherent, which balances top-tier performance with scalability. The second featured demonstration will be the 800G-DR4 transceiver, also in the OSFP format. Equipped with eight electrical lanes running at 100 Gbps and four optical lanes at 200 Gbps, this module is designed for a 500-meter range over four pairs of single-mode fiber. It utilizes the proprietary 200G differential electro-absorption modulated laser technology from Coherent, which enhances signal integrity compared with conventional single-ended EML solutions. This advancement ensures superior performance, especially in next-generation high-speed data center environments, where maintaining signal fidelity is crucial.
BKNG

Hot Stocks

08:39 EDT Slang.ai partners with OpenTable to offer restaurants with reservation support - Slang.ai, an Artificial Intelligence-powered phone answering platform built for restaurants and hospitality partners, announced a partnership with leading restaurant tech company, Booking Holdings' OpenTable to provide AI-powered service to restaurant partners in the U.S. and Canada. This marks a pivotal moment in the hospitality sector, as the collaboration can help drive efficiencies for restaurants, while elevating the booking experience for diners.
CTXXF

Hot Stocks

08:39 EDT Cematrix announces project delays impacting 2024 revenue expectations - CEMATRIX announced that unforeseen delays on some projects will impact the Company's 2024 revenue expectations, as a portion of the 2024 forecasted revenue will now be realized in 2025. "While we have made considerable progress on strategic initiatives and continue to grow our backlog, delays affecting multiple projects have shifted anticipated revenue into the next fiscal year," said Jeff Kendrick, CEO. "These delays, which are not uncommon in our industry, pushes certain projects planned for completion in 2024 to either begin later this year and extend into 2025 or start early in the new year. While this impacts our 2024 sales expectations, it sets the stage for a stronger-than-anticipated 2025." Despite the revised outlook, Mr. Kendrick emphasized that CEMATRIX still expects continued strength in its 2024 margins and other key financial metrics. "We are also working closely with customers to help them mitigate further delays in their projects and to potentially speed up our production to improve their project schedule. We expect to return to strong sales growth in 2025 and we remain confident in our long-term sales growth prospects."
CPK

Hot Stocks

08:38 EDT Chesapeake Utilities releases 2023 Environmental Stewardship Report - Chesapeake Utilities Corporation announces the release of its 2023 Environmental Stewardship Report. The report is the second in a series of micro-reports and highlights the Company's continued progress in reducing emissions and contributing to a more sustainable future. "The focus on sustainability is supported and shared across our organization. Our team identifies and pursues emission-reducing projects, not only internally but also to support our customers' sustainability goals," said Jeff Householder, chair of the board, president and CEO of Chesapeake Utilities Corporation.
AMPX

Hot Stocks

08:38 EDT Amprius wins over $20M in contracts for Light Electric Vehicle applications - Amprius Technologies announced it has received two contracts to supply 40 Ah high-performance cells for Light Electric Vehicle LEV applications. The contracts total exceeds $20M and highlights Amprius' ability to quickly move customers through the commercial validation process, secure volume purchase commitments, and deliver large quantities of cells to customers. Amprius expects to begin shipping the cells in 2024 and recognize 100% of the revenue by mid-2025.
PLYA

Hot Stocks

08:37 EDT Playa Hotels & Resorts completes the sale of Jewel Palm Beach - Playa Hotels & Resorts N.V. announced that it has closed on the sale of the Jewel Palm Beach resort for a total consideration of $68M in cash. The Company expects total net proceeds of approximately $64M.
SSTI

Hot Stocks

08:37 EDT SoundThinking announces availability of next generation of SafePointe - SoundThinking announced the availability of the next generation of SafePointe, which is a major upgrade of its advanced weapons detection system. This release features AI-driven software and powerful new hardware components designed to significantly enhance threat detection and the customer user experience.
TLS

Hot Stocks

08:36 EDT Telos expands enrollment, renewal options by opening ten locations - Telos Corporation continues to expand locations to enroll consumers in the TSA PreCheck program by opening ten new locations in North Carolina, California, Colorado, Georgia, Indiana and Texas. These locations will begin offering enrollment services today, September 23, 2024. Telos now has 125 TSA PreCheck enrollment centers open across the U.S. The launch of these new enrollment centers represents the ongoing expansion of Telos' national TSA PreCheck enrollment footprint. Throughout 2024, Telos will continue delivering convenience to consumers by launching additional locations and extended hours of operation for enrollment and renewals.
VTGN

Hot Stocks

08:36 EDT Vistagen starts PALISADE-4 Phase 3 study of fasedienol for SAD treatment - Vistagen announced enrollment of the first subject in its PALISADE-4 Phase 3 trial of fasedienol, an investigational neuroactive pherine nasal spray in U.S. registration-directed Phase 3 development for the acute treatment of social anxiety disorder or SAD. "With the initiation of PALISADE-4 as planned, we have achieved another important milestone in our registration-directed PALISADE Phase 3 program for fasedienol, which has potential to deliver a transformative acute treatment option to over 30 million Americans suffering from the debilitating effects of SAD, including increased risk for depression, alcohol abuse, and suicide attempts," said Shawn Singh, Chief Executive Officer of Vistagen. "Current pharmacological therapies approved by the U.S. FDA do not include an acute treatment option. With pioneering neuroscience, we are breaking new ground in the development of a treatment for SAD with our novel product candidate designed for non-systemic, rapid activation of nose-to-brain neural circuits to reduce fear and anxiety associated with SAD."
BKYI

Hot Stocks

08:36 EDT BIO-key says province of British Columbia places new orders - -BIO-key International announced that its long-time customer, the province of British Columbia, has placed new orders with BIO-key. 10,000 users will be added to their existing deployment of WEB-key software, integrated with Broadcom's SiteMinder infrastructure to streamline and strengthen access to a series of new applications via SAML 2.0 federation standards.
SPCB

Hot Stocks

08:35 EDT SuperCom wins new national domestic violence electronic monitoring contract - SuperCom announced it has secured a new three-year national contract with the government of a European country to deploy its PureSecurity domestic violence, DV, monitoring solution. This marks SuperCom's continued expansion in Europe, where it has already deployed a substantial number of units, outpacing its competitors and solidifying its position as a leader in domestic violence monitoring solutions. The new contract represents a significant step in enhancing domestic violence prevention and intervention capabilities in this EU region.
MATW

Hot Stocks

08:35 EDT Matthews announces proposed private offering of senior notes - Matthews International announced a proposed private offering of senior secured second lien notes due 2027. At or prior to the closing of the offering of the Notes, the Company intends to amend its senior credit facility to, among other things, permit the Notes to be secured by a second priority lien on substantially all of our and certain of our domestic subsidiaries' assets, and the Company and certain of its domestic subsidiaries intend to enter into a second amended and restated pledge and security agreement pursuant to which the Company and such subsidiaries will grant to the secured parties under the senior credit facility a first priority lien on substantially all of the Company's and such subsidiaries' assets. The Company intends to use the net proceeds of the offering, together with borrowings under the Company's senior credit facility, to redeem all of its outstanding 5.25% senior notes due December 1, 2025 on or about October 25, 2024, and to pay accrued and unpaid interest on the Existing 2025 Notes to, but not including, the date of redemption, and to satisfy and discharge the indenture governing the Existing 2025 Notes.
CYDVF

Hot Stocks

08:34 EDT Century Lithium reports on making of battery grade lithium carbonate - Century Lithium reports on the making of battery grade lithium carbonate at the Company's Lithium Extraction Facility in Amargosa Valley, Nevada, USA a part of the Company's wholly owned Angel Island project in Nevada. The assays from the second batch of lithium carbonate made at the Pilot Plant indicate a purity of 99.5%, which is considered battery grade.
CDTX

Hot Stocks

08:34 EDT Cidara Therapeutics doses first subjects in Phase 2b NAVIGATE trial of CD388 - Cidara Therapeutics announced the first subjects dosed in the Phase 2b NAVIGATE trial to evaluate the efficacy and safety of CD388 for the pre-exposure prophylaxis of influenza during the current flu season. The Phase 2b clinical trial is a randomized, double blind, controlled trial targeting 5,000 healthy unvaccinated adult subjects who are not at risk of complications from influenza. Three CD388 dose groups or placebo will be administered to subjects as a single dose at the beginning of the influenza season. Subjects will then be followed for the remainder of the influenza season to monitor for breakthrough cases. Rates of laboratory and clinically confirmed influenza will be compared between subjects receiving the various single doses of CD388 or placebo. The study will include sites in the US and UK.
NAOV

Hot Stocks

08:34 EDT NanoVibronix signs LOI with Medici Medical for potential distribution deal - NanoVibronix announced it has signed a letter of intent, or LOI, with Medici Medical, a distributor of medical products in the Israeli healthcare market, to explore the opportunities for distribution of the Company's UroShield device in Israel.
BRLS

Hot Stocks

08:33 EDT Borealis Foods introduces Woodles into U.S. school lunch programs - Borealis Foods announced that Woodles has successfully expanded distribution into over 4,000 school lunch programs across the United States. "We're excited to bring Woodles to schools across the nation," said Dr. Reza Soltanzadeh, Founder and CEO of Borealis Foods. "Our goal has always been to make healthy eating tasty, healthy and accessible, and we're proud to help schools meet their nutrition standards while making an impact on students' lifelong eating habits. We are working on expanding this offering across all states as we partner with school chefs to develop 'better-for-you' meals tailored for school programs."
ITCI

Hot Stocks

08:33 EDT Intra-Cellular announces presentations at 2024 ECNP Congress - Intra-Cellular Therapies announced presentations of lumateperone including the results from Phase 3 adjunctive Major Depressive Disorder, Study 501 at the 37th European College of Neuropsychopharmacology Congress being held September 21 - 24, 2024 in Milan, Italy. Details of the presentations are as follows: Study 501 Presentations: Oral presentation: "Adjunctive Lumateperone Significantly Improves Symptoms of Major Depressive Disorder: Topline Results From a Randomised, Double-Blind, Placebo-Controlled Phase 3 Trial." Monday, September 23, 15:00 - 16:20 CEST. P2127: "Lumateperone as Adjunctive Therapy in Patients With Major Depressive Disorder: Results From a Randomised, Double-blind, Phase 3 Trial." Monday, September 23 12:35 - 14:00 CEST. Study 403 Presentations: P2113: "Lumateperone in the Treatment of Patients With Major Depressive Disorder and Bipolar Disorder With Anxious Distress and Mixed Features." Monday, September 23 12:35 - 14:00 CEST. P2096: "Lumateperone in the Treatment of Major Depressive Disorder and Bipolar Depression With Mixed Features: Efficacy Across Symptoms." Monday, September 23 12:35 - 14:00 CEST. In Study 501, lumateperone met the primary endpoint of change from baseline at Week 6 on the Montgomery Asberg Depression Rating Scale total score versus placebo with a 4.9-point reduction. Statistically significant reductions in depressive symptoms as measured by the MADRS were seen at the earliest time point tested, Week 1, and these improvements continued throughout the course of the trial. Lumateperone also met the key secondary endpoint of change from baseline on the clinician-rated Clinical Global Impression Scale for Severity of Illness. On a patient-reported measure, the Quick Inventory of Depressive Symptomatology Self Report scale, patients reported robust reduction in their depressive symptoms. Adverse events were similar to those seen in prior studies of lumateperone as a treatment for bipolar depression and schizophrenia. Mean changes in key metabolic parameters including glucose, insulin, triglycerides, and total, LDL and HDL cholesterol were similar between lumateperone and placebo. Importantly, mean changes in weight were also similar to placebo. In an additional, similarly-designed trial, Study 502, lumateperone 42 mg plus an antidepressant met primary and key secondary efficacy endpoints and was generally safe and well tolerated in patients with MDD with inadequate antidepressant response. Details of Study 502 will be presented at upcoming conferences. Study 403 presentations highlight important analyses of lumateperone's double-blind placebo-controlled study in patients with either MDD or bipolar depression exhibiting mixed features. Poster #2113 presents a post-hoc analysis of Study 403 evaluating lumateperone's efficacy in the prespecified patient population with MDD or bipolar depression with mixed features who also met the Diagnostic and Statistical Manual of Mental Disorders, 5th edition criteria for anxious distress. In this analysis, lumateperone significantly improved depression symptoms and severity compared with placebo. Lumateperone also significantly improved MADRS inner tension single-item score in patients with co-morbid anxious distress. Both anxious distress and mixed features are specified in the DSM-5 and are common in patients with major depressive episodes associated with MDD and bipolar disorder. Patients with these specifiers have more severe symptoms, more comorbidities, increased suicide risk, and/or poorer treatment response than patients without these specifiers. Poster #2096 presents a post-hoc analysis of Study 403 individual MADRS items. Treatment with lumateperone significantly improved a broad range of depression symptoms across individual MADRS items.
SABR

Hot Stocks

08:32 EDT Sabre, Virgin Australia announces a strategic partnership - Sabre and Virgin Australia announced a strategic partnership to modernize the airline's retailing capabilities through the phased implementation of SabreMosaic, the revolutionary AI-driven platform built to transform airline retailing. This establishes Virgin Australia as the flagship customer and will enable the airline over time to adopt the broad suite of solutions within SabreMosaic, marking a significant milestone in the airline's journey towards modern retailing and the general market availability of the SabreMosaic solutions. The collaboration underscores the companies' commitment to innovation and industry leadership, as well as the airline's aim to be an early mover in the industry transition to offer-and-order based modern retailing.
SLI EQNR

Hot Stocks

08:31 EDT Standard Lithium, Equinor selected for U.S. DoE provisional grant up to $225M - Standard Lithium (SLI) and Equinor (EQNR) shared that its jointly-owned U.S. subsidiary, SWA Lithium LLC has been selected for up to $225 million award negotiation from the U.S. Department of Energy. The conditional award, overseen by the DOE's Office of Manufacturing and Energy Supply Chains, is one of the largest ever awarded to a U.S. critical minerals project and part of the second wave of funding under the Infrastructure Investment and Jobs Act. This DOE funding is aimed at expanding domestic manufacturing of all segments of the battery supply chain and increasing production of critical minerals in the U.S.
KRNT

Hot Stocks

08:29 EDT Kornit announces Monster Digital adopte 10 additional Kornit Apollo systems - Kornit Digital announced Monster Digital is significantly ramping up its digital production with 10 additional Kornit Apollo systems during 2025, expanding its on-going transition from screen printing to digital textile production. Headquartered in Miami Florida, Monster Digital is a US enterprise leader in on demand manufacturing of apparel and accessories, serving the largest global brands, retailers and ecommerce platforms. Traditionally a private label screen printer, the company has significantly expanded its digital production during the past several years - including building a fleet of 7 Apollos and 47 Kornit Atlas MAX systems. The expansion of 10 additional Apollos during 2025 will be executed in a mix of capital purchases and Kornit's new All-Inclusive Click Model. This major expansion will enable the company to capture massive new opportunities, and better meet existing customer demands, by shifting significant bulk production impressions from screen to digital production.
IBO

Hot Stocks

08:27 EDT Impact BioMedical appoints Frank Heuszel as CEO, Mark Suseck as COO - Impact BioMedical introducse its executive leadership team, poised to lead the company through its next phase of innovation and growth. Frank D. Heuszel, CEO, brings experience in executive leadership, finance, and strategic planning to Impact BioMedical. Prior to joining DSS, Inc. as CEO in 2019, he had a successful career in commercial banking, serving in senior executive roles with major US and international banking organizations. Mark Suseck, COO, has been with Impact BioMedical since August 2023 and previously served as the COO of DSS BioHealth Holdings Inc., where he led company strategy, operations, licensing, acquisitions, and commercialization. Todd Macko joins Impact BioMedical as the CFO, while continuing to serve as CFO of DSS Inc. Mr. Macko has been with DSS since January 2021, initially serving as Secretary and Treasurer.
KTOS

Hot Stocks

08:25 EDT Kratos welcomed congressman Gary Palmer to Birmingham facility - Kratos Defense & Security Solutions recently welcomed U.S. Representative Gary Palmer to Kratos SRE in Birmingham, Alabama, to showcase Kratos' expertise in the development, modeling and deployment of advanced technologies including materials for extreme environments, hypersonics, space systems, missile systems, missile defense, strategic deterrence, propulsion systems, RF technology integration, additive manufacturing, airborne ISR, and energy applications. Michael Johns, Senior Vice President of Kratos SRE, said, "We were honored to host Representative Palmer at our Kratos SRE facility in Birmingham. The Kratos SRE team is working on incredibly important programs for our national defense, exploration of space, and emerging technologies in many industries and we were excited to showcase all the team is doing on this engaging visit."
LRN

Hot Stocks

08:24 EDT MedCerts launches Certified Nursing Assistant eLearning program - MedCerts announced the launch of its Certified Nursing Assistant eLearning program. The multi-week immersive course features generative and conversational AI, pioneered by MedCerts, establishing a new benchmark in healthcare training while addressing urgent staffing need. The CNA program comprises five weeks of virtual training and four weeks of hands-on clinical experience that will be provided by the clinical partner.
ASMB

Hot Stocks

08:23 EDT Assembly Biosciences reports interim Phase 1a results from trial of ABI-5366 - Assembly Biosciences announced interim pharmacokinetic and safety results from healthy participants in the Phase 1a portion of its ongoing Phase 1a/b study evaluating ABI-5366, an investigational long-acting herpes simplex virus helicase-primase inhibitor candidate for recurrent genital herpes. Interim results exceeded Assembly Bio's objectives for this Phase 1a study and support ABI-5366's progression into Phase 1b. ABI-5366 was well-tolerated and showed a favorable safety profile with exposure of up to 70 days due to its extended PK profile. Single doses of ABI-5366 at dose levels reached in Phase 1a surpassed Assembly Bio's target plasma concentrations for antiviral efficacy, a target established from PK modelling and projected to achieve increased efficacy compared to approved therapies. ABI-5366's half-life across the doses evaluated to date of approximately 20 days when dosed orally supports both the company's once-weekly oral dosing target and the evaluation of a once-monthly oral dosing profile. With these data, Assembly Bio now plans to include both weekly and monthly dosing cohorts in Phase 1b in participants with recurrent genital herpes. Screening has begun for the Phase 1b portion of the study. Study Overview: ABI-5366-101 is a randomized, blinded and placebo-controlled Phase 1a/b clinical study of ABI-5366. Part A is ongoing, evaluating the safety, tolerability and PK of ABI-5366 following single ascending dose administration in healthy participants. Dosing is complete for four cohorts in Part A, evaluating doses of 10 mg, 30 mg, 100 mg and 350 mg, with each cohort randomized 6:2 between ABI-5366 and placebo, as well as an additional cohort at 30 mg to evaluate the potential for food effect. The study follow-up period in Part A began at 70 days and has been extended to 100 days after dosing, given the observed extended PK profile of ABI-5366. The study protocol includes the potential for one additional single-dose cohort in Part A, which Assembly Bio has the option to initiate in parallel with Part B. Safety and PK data reported here reflect data available as of the cut-off date. For safety, this data follow-up period ranges from 70 days after dosing for the 10 mg and 30 mg cohorts to 13 days after dosing for the most recent cohort of 350 mg. For PK, this data follow-up period ranges from 70 days after dosing for the first cohort of 10 mg to 8 days after dosing for the most recent cohort of 350 mg. The study remains blinded and the reported interim safety data includes data from both active and placebo treatment groups reported collectively. Results Across the Part A cohorts evaluated to date, ABI-5366 had a mean half-life of approximately 20 days when dosed orally, supporting once-weekly oral dosing, the target profile for ABI-5366, as well as the potential for once-monthly oral dosing. ABI-5366 doses within the range tested are projected, with weekly or monthly dosing, to maintain the target plasma concentrations for antiviral activity established by PK modelling. Assembly Bio plans to explore both once-weekly and once-monthly oral dosing regimens in the Part B portion of the study. In these cohorts to date, ABI-5366 was well-tolerated with a favorable safety profile observed with exposure of up to 70 days. Treatment-emergent adverse events were all mild to moderate in intensity and all were considered not related to study treatment by the study investigators; there were no serious AEs in any dose arm. There were no treatment-related grade 3 or 4 laboratory abnormalities and no protocol-defined stopping criteria were met. There were no clinically significant ECG abnormalities or patterns of AEs or laboratory abnormalities noted.
ITGR

Hot Stocks

08:22 EDT Integer completes two Irish facility expansions to support growth - Integer Holdings announced the completion of its facility expansions in Ireland. The occasion was marked with the official opening of Integer's new European medical device innovation and manufacturing center in Galway, Ireland, on Sept. 20. This announcement followed the official opening of an 80,000 sq. ft. expansion of Integer's guidewire manufacturing facility in New Ross, County Wexford, Ireland, earlier this month. Combined with the acquisition of Aran Biomedical in Spiddal, Ireland, in 2022, these substantial investments reinforce Integer's commitment to the Ireland medical device cluster where Integer has had a presence since 1994. In addition, these investments help to ensure Integer's continued ability to serve its customers both locally and globally, as well as expand capacity to meet increasing customer demand for guidewires, catheters, medical textiles and delivery systems in the years to come. Integer's new $30 million, 67,000 sq. ft. facility in the Parkmore East area of Galway will support increasing demand for regional research, development, and manufacturing as well as additional capacity for catheters, medical textiles, and delivery systems. The significant manufacturing space in the same facility allows a seamless transition of new products from development to manufacturing, further enabling Integer's ability to help customers bring products to market faster. While this initial phase of development satisfies immediate needs, the company has obtained planning permission for a total of 147,000 sq. ft. of space at the Parkmore East location and, subject to planning permission, has enough space to grow that facility's manufacturing footprint to 300,000 sq. ft. In addition to the new facility in Galway, Integer has completed a $60 million capital investment in its facility in New Ross, County Wexford. This investment increases manufacturing capacity at the New Ross site by more than 70%, adding 80,000 sq. ft. to the current facility, bringing the total square footage to 215,000, and includes new state-of-the-art manufacturing equipment to support customers' long-term growth.
ACTU

Hot Stocks

08:20 EDT Actuate Therapeutics announces publication on elraglusib's mechanism of action - Actuate Therapeutics announced the Scientific Reports publication of novel mechanistic data for its development candidate, elraglusib. The article, entitled, "Targeted inhibition of glycogen synthase kinase-3 using 9-ING-41 enhances CD8 T-cell-reactivity against neuroblastoma cells" is available online. "The mechanistic data published in Scientific Reports provides crucial evidence of elraglusib's ability to enhance activation of the immune system by tumor cells," said Daniel Schmitt, CEO. "By improving antigen presentation and enhancing the activation of CD8+ cytotoxic T cells, we are paving the way for more effective immunotherapeutic strategies including combinations of elraglusib with checkpoint inhibitors." Using neuroblastoma, which is typically refractory to checkpoint inhibitors, as a model system, these findings illustrate the potential to activate the immune system even in cancers that have not previously responded to checkpoint inhibitors and underscore elraglusib's potential as a highly innovative treatment for challenging cancers. The summary of key mechanistic findings: Elraglusib significantly enhances MHC-I molecule surface expression of neuroblastoma cells, improving their recognition by cytotoxic T lymphocytes; Treatment with elraglusib leads to the disruption of NK-B signaling, a key contributor to tumor cell survival, promoting cancer cell apoptosis and reducing treatment resistance; Elraglusib boosts IFNgamma signaling through the JAK/STAT pathway, particularly STAT1, which further supports improved antigen presentation and immune response; When combined with an anti-PD-1 treatment, elraglusib boosted CD8+ T cell proliferation and activation by neuroblastoma cells, showing potential for further development of these tumor immune response enhancing therapeutics.
SPRC

Hot Stocks

08:18 EDT SciSparc receives FDA approval to initiate Phase IIb clinical trial of SCI-110 - SciSparc announced that the U.S. Food and Drug Administration has confirmed that its investigational new drug application for its first in class drug candidate SCI-110 study may proceed with its Phase IIb clinical trials in the U.S. in adults patients with Tourette Syndrome. SciSparc has taken a major step forward with its proprietary SCI-110 for the treatment of Tourette Syndrome with its submission of an IND application to the FDA for its phase IIb clinical trial, as previously announced on August 23, 2024. The phase IIb clinical trial will be conducted at three global leading centers of excellence: the Yale Child Study Center at the Yale School of Medicine in Connecticut, United States, the Hannover Medical School in Hannover, Germany, and at the Tel Aviv Sourasky Medical Center in Israel. The Company has already secured the Institutional Review Board approvals from all three clinical sites, as well as approval from all related federal administrations. The objective of this clinical trial is to evaluate the efficacy, safety and tolerability of SciSparc's proprietary drug candidate SCI-110 in adult patients using a daily oral treatment. The patients will be randomized at a 1:1 ratio to receive either SCI-110 or a SCI-110-matched placebo. The primary efficacy objective of the trial will be to assess tic severity change using the Yale Global Tic Severity Scale, the most commonly used measure in clinical trials of this kind, as a continuous endpoint at weeks 12 and 26 of the double-blind phase compared to baseline. The primary safety objective of the trial is to assess absolute and relative frequencies of serious adverse events for the entire population and, separately, for the SCI-110 and placebo groups.
GMGI

Hot Stocks

08:17 EDT Golden Matrix's Meridianbet partners with Integrity Compliance 360 - Golden Matrix Group's Meridianbet has announced a strategic partnership with Integrity Compliance 360. The partnership comes as Meridianbet's Brazilian subsidiary, Meridian Gaming Brasil SPE, progresses in the licensing process for its entry into the Brazilian market, and will reinforce the Company's commitment to upholding the highest standards of integrity for its sports offering in line with global regulatory expectations and market best practices. The license application, filed under request number 56.195.600/0001-07, positions Meridianbet among a select group of global operators set to participate in one of the most highly anticipated market launches in the global sports betting and iGaming industry.
SPRY

Hot Stocks

08:16 EDT ARS Pharmaceuticals announces U.S. availability of neffy - ARS Pharmaceuticals announced neffy is now available to patients and caregivers by prescription across the U.S. The U.S. Food and Drug Administration approved neffy 2 mg last month for the treatment of Type I Allergic Reactions, including anaphylaxis, in adults and children who weigh greater than or equal to30 kg. Through neffyConnect, and in partnership with online pharmacy BlinkRx, eligible commercially insured patients will pay $25 for two single-use neffy devices through a co-pay savings program. For patients without insurance coverage, or for those whose insurance plans do not yet cover neffy, ARS Pharmaceuticals is offering a cash price of $199 for two single-use neffy devices. neffy will be available free of charge for patients that qualify for the ARS Patient Assistance Program. Starting today, national retail pharmacies will also begin stocking neffy and a $25 co-pay savings card can be downloaded at neffy.com for use at pharmacies by eligible patients.
HON QCOM

Hot Stocks

08:16 EDT Honeywell to develop AI-enabled agent powered by Qualcomm - Honeywell (HON) announced that it is working to develop an artificial intelligence-enabled Multi-Modal Intelligent Agent for Honeywell mobile devices powered by Qualcomm Technologies (QCOM). The agent will allow workers and customers in the distribution center and retail industries to interact naturally with their handheld devices through voice, pictures, and barcodes.
OPK SNY

Hot Stocks

08:14 EDT Opko Health's ModeX appoints Giovanni Abbadessa as CMO - ModeX Therapeutics (OPK) announced the appointment of Giovanni Abbadessa, M.D., Ph.D. as Chief Medical Officer, a newly created position. Dr. Abbadessa has over two decades of experience in drug development, including most recently as Vice President at Sanofi (SNY), where he provided executive leadership for advancing oncology assets.
ALK

Hot Stocks

08:14 EDT Alaska Air expands cargo division, elects Morgan as VP of Cargo - Alaska Airlines board of directors elected Ian Morgan as the new Vice President, VP, of Cargo Alaska Airlines. In parallel, Jason Berry was made an Executive Vice President at the Alaska Air Group. Inc. parent company level, while also maintaining his role as President of Horizon Air.
TOI

Hot Stocks

08:13 EDT The Oncology Institute CFO Mihir Shah to depart, Rob Carter to succeed - The Oncology Institute announced that CFO, Mihir Shah, will transition out of the organization effective October 14, 2024, to pursue other opportunities. Rob Carter, Senior Vice President of Finance at TOI, will be promoted to CFO. Carter joined TOI in 2021, and is responsible for corporate finance, FP&A and investor relations.
MNSO

Hot Stocks

08:13 EDT Miniso to acquire stake in Yonghui Superstores - MINISO Group announced that it has entered into share purchase agreements with certain shareholders of Yonghui Superstores to acquire an aggregate of 29.4% of the issued and outstanding shares of Yonghui for a total cash consideration of approximately RMB6.3 billion. Upon the consummation of the transaction, the Company expects to become the largest single shareholder of Yonghui.
NA

Hot Stocks

08:12 EDT Nano Labs enters into agreements with shareholders to convert loans - Nano Labs announced that it entered into agreements with Jianping Kong, its chairman and chief executive officer, and Qifeng Sun, its vice chairman, along with their respective affiliates on September 20, 2023, to convert the interest-free loans from the Lenders in an aggregated amount of US$8.5 million into certain amount of Class A ordinary shares in lieu of repayment of the Loans. The Conversion has been closed on September 23, 2024.
PFS

Hot Stocks

08:12 EDT Provident Bank appoints Vivin Varghese as CISO - Provident Bank announced that Vivin Varghese has joined the organization as Senior Vice President, Chief Information Security Officer. Varghese will play a critical role in providing vision, leadership, oversight, and management of the overall information and cybersecurity policies, procedures, and practices of the organization and its subsidiaries. He will also advise the bank's Executive Leadership Team and staff on the appropriate administration of information security standards, assisting in developing plans within business units to manage risks effectively by understanding the fundamental aspects of business objectives. Most recently, he served as CISO of Customers Bank, with responsibility for digital and physical security, including business continuity, incident response, threat intelligence, and third-party risk.
XNET

Hot Stocks

08:11 EDT Xunlei appoints Hui Duan, Xiaosong Li to board of directors - Xunlei Limited announced that the board of directors of the Company has appointed Mr. Hui Duan and Mr. Xiaosong Li as members of the board of directors of the Company, effective today. Hui Duan had served as a director of Xunlei from April 2020 to September 2023. He currently serves as the Chief Technology Officer of Beijing Itui Technology. Mr. Xiaosong Li has been serving as the Vice President of AGI Business at Xunlei since December 2023.
OLLI

Hot Stocks

08:11 EDT Ollie's Bargain Outlet announces 10 new openings in Texas - Ollie's announced the Grand Openings of 10 new stores in Texas! The new locations, all former 99 Stores, will bring even more brand name bargains to the Dallas, Houston, McAllen, and San Antonio markets. Shoppers will find everyday low prices on books, flooring, food, housewares, toys, electronics, stuff for your bedroom and bathroom, health and beauty products, pet supplies, and so much more for up to 70% off the fancy store prices!
NNDM DM

Hot Stocks

08:11 EDT ISS reccomends Desktop Metal shareholdes support Nano merger deal - Nano Dimension (NNDM) and Desktop Metal, Inc. (DM) jointly announced that Institutional Shareholder Services, a leading proxy advisory firm, has recommended that Desktop Metal shareholders vote to support the merger agreement and other deal related proposals. On the major agenda item, "Item 1. Approve Merger Agreement", ISS wrote: "The sales process suggests the offer is likely the best available at this time, shareholders are receiving a premium, the implied valuation appears fair, and the cash consideration provides liquidity and immediate value. Based on these factors, support FOR the proposed transaction is warranted." ISS also wrote: "Notably, the acquirer's stock price increased by 16.7% in response to the announcement...The outperformance against the relevant market index indicates a potential downside risk of non-approval."
RTX

Hot Stocks

08:10 EDT airBaltic, RTX's Pratt & Whitney unveil long-term maintenance deal - Latvian national airline airBaltic and Pratt & Whitney have announced a long-term EngineWise Comprehensive maintenance services agreement for the airline's GTF engine fleet. This agreement links airBaltic's maintenance costs to the utilization of the airline's engines. Pratt & Whitney is an RTX business. "Pratt & Whitney has been a long-term, trusted collaborator of airBaltic since we became the global launch operator of the Airbus A220-300 aircraft type back in 2016," said Martin Gauss, president and CEO of airBaltic. "The aircraft's PW1500G GTF engines have delivered a 25% reduction in fuel burn per seat compared to previous generations, resulting in significant cost savings. This agreement will support the growth plans of airBaltic towards a 100 Airbus A220-300 fleet by the year 2030. We are looking forward to many more years of successful cooperation with Pratt & Whitney."
ICON

Hot Stocks

08:10 EDT Icon Energy announces delivery of M/V Bravo, signs term loan facility - Icon Energy announced the delivery of the Kamsarmax dry bulk carrier, M/V Bravo, and the signing of a term loan facility for up to $91.5 million. On September 23, 2024, Icon successfully took delivery of the M/V Bravo, the Kamsarmax dry bulk carrier it had agreed to acquire from an unaffiliated third-party, as previously announced on August 8, 2024. Icon has secured a time charter for the M/V Bravo, whereby the vessel will be employed by an international commodity trading conglomerate for a period of 11 to 14 months, at a floating daily hire rate linked to the Baltic Panamax Index, which is expected to commence in the coming days, upon completion of the customary change of ownership logistics. We signed a new term loan facility for up to $91.5 million with a leading international financial institution, pursuant to the financing term sheet announced on August 23, 2024. On September 19, 2024, we borrowed an amount of $16.5 million under the term loan facility to finance a portion of the purchase price of the M/V Bravo and to leverage Icon's existing Panamax dry bulk carrier, the M/V Alfa. The term loan facility is secured by a first priority mortgage on the vessels, an assignment of earnings and insurances, and a pledge of the earnings accounts for the vessels, among other customary security, and contains financial and other covenants customary for transactions of this type. The term loan facility has a four-year tenor, and outstanding amounts thereunder bear interest at 3.95% over SOFR. The balance amount of $75 million may be made available to us, in whole or in parts, to finance future vessel acquisitions.
AIR

Hot Stocks

08:09 EDT AAR Corp. awarded five-year contract of approximately $1.2B - AAR has been awarded a five-year indefinite delivery / indefinite quantity contract with an aggregate ceiling value of approximately $1.2B by the U.S. Navy's Naval Air Systems Command, NAVAIR, to perform P-8A Poseidon depot airframe maintenance and depot field team support for the U.S. Navy, government of Australia, and foreign military sales, FMS, customers.
NNDM DM

Hot Stocks

08:09 EDT ISS recommends Desktop Metal shareholders vote to support Nano Dimension merger - Nano Dimension (NNDM) and Desktop Metal (DM) jointly announced that Institutional Shareholder Services has recommended that Desktop Metal shareholders vote to support the merger agreement and other deal related proposals. On the major agenda item, "Item 1. Approve Merger Agreement", ISS wrote: "The sales process suggests the offer is likely the best available at this time, shareholders are receiving a premium, the implied valuation appears fair, and the cash consideration provides liquidity and immediate value. Based on these factors, support FOR the proposed transaction is warranted...Notably, the acquirer's stock price increased by 16.7 percent in response to the announcement...The outperformance against the relevant market index indicates a potential downside risk of non-approval." DM shareholders should ensure they vote no later than 11:59 pm ET on October 1 by following the instructions provided by their brokers. Most brokers allow shareholders to vote via internet and most shareholders should have received an email containing a link to vote. The Desktop Metal shareholder vote on the deal is one of the major milestones in the process to close the transaction. Nano Dimension shareholders are not required to approve the merger.
JBL

Hot Stocks

08:08 EDT Jabil expands silicon photonics capabilities at Canada site - Jabil announced its continued investment in silicon photonics-based products and capabilities to support the increasing demands of hyperscalers and next-wave cloud and AI data center growth. The company is set to roll out additional capabilities at its Ottawa, Canada, site in the fourth calendar-year quarter of 2024 to support customers' advanced photonics packaging new product introductions, or NPIs. The new product introduction, or NPI, line will feature innovative capabilities designed to assist photonics customers quickly scale from proof of concept to mass production, such as fluxless flip-chip, fiber attachment, precise die bonding, and wire bonding. These advancements will support silicon photonics chip packaging, particularly in high-speed connectivity applications such as co-packaged optics and high-speed on-board connections.
PLYA

Hot Stocks

08:08 EDT Playa Hotels & Resorts announce reservations are open for Kimptom Tres Rios - Playa Hotels & Resorts announced reservations are officially open for Kimpton Tres Rios, its newest managed all-inclusive property, for stays in early 2025. Kimpton Tres Rios marks an important first for the Kimpton brand, part of IHG Hotels & Resorts luxury and lifestyle portfolio, as the first all-inclusive resort for the renowned boutique luxury brand.
ORYZF

Hot Stocks

08:07 EDT Oryzon Genomics presents final data from PORTICO trial of vafidemstat - Oryzon Genomics will present the final data from its Phase IIb PORTICO trial of vafidemstat in patients with Borderline Personality Disorder as an oral presentation at the New Medications Symposium, a special symposium focused on clinical trials of new compounds within the 37th European College of Neuropsychopharmacology congress, which is currently being held in Milan. Oryzon's oral presentation, titled "Final results: Phase 2b PORTICO Study: Efficacy of Vafidemstat in Borderline Personality Disorder", will be delivered by Dr. Michael Ropacki, Oryzon's Chief Medical Officer for CNS. In addition to the oral presentation, the results will also be presented as a poster at ECNP-2024. PORTICO was a global double-blind, randomized, placebo-controlled, adaptive 14-week Phase IIb trial evaluating the efficacy and safety of vafidemstat at 1.2 mg/day in a BPD population. The study recruited a total of 211 patients, randomized 1:1 in two arms. The trial had two independent primary endpoints: reduction of agitation and aggression and overall disease improvement in BPD severity. In the absence of a well-established regulatory endpoint, the trial also included two secondary endpoints also exploring the reduction of agitation and aggression and overall disease improvement in BPD severity by different scales. PORTICO included a total of 27 clinical sites, 14 in the U.S. and 13 in Europe. Presentation Data Highlights: The final data show a significant overall improvement compared to the preliminary top-line data released in January. Notably, the agitation and aggression of patients, as measured by the secondary endpoint STAXI-2 Trait Anger scale, showed a substantial, statistically significant, and clinically meaningful reduction in the vafidemstat arm compared to placebo, with a p-value of 0.0071 across Weeks 8-12. The relative reduction in the vafidemstat-treated group over the placebo group reached a maximum of 92.1% at Week 10, with an average reduction of 58.6% across Weeks 8-12. Additionally, the secondary endpoint Borderline Evaluation of Severity, an overall measure of BPD severity, also showed an improvement compared to TLD, with a p-value of 0.0260 across Weeks 8-12. The maximal relative reduction in the vafidemstat-treated group over the placebo group reached 38.9% at Week 10, with an average reduction of 30.9% across Weeks 8-12. The p-values for the primary endpoints also improved compared to the preliminary TLD, but did not reach statistical significance. Interestingly, a trend of improvement in depression measured by the BDI-II Total Score by Weeks 8-12 was detected, with an average reduction over the placebo group of 42.2% across Weeks 8-12. The T-Forest plot analysis showed that all results continued to consistently favor vafidemstat treatment over placebo across all primary and secondary efficacy endpoints. Notably, the final analysis confirmed now a global treatment effect favoring vafidemstat by the Global Statistical Test, with the GST p-value showing a statistical significance, particularly when considering global improvement in the severity of the disease and in agitation/aggression. The GST is designed to assess whether a treatment is effective across different aspects of a condition, efficiently summarizing the overall treatment effect, especially when dealing with complex, multifactorial diseases. Vafidemstat was, as in all previous clinical studies, safe and well-tolerated. Adverse events were generally consistent with the safety profile of vafidemstat seen to date, with no new safety findings. Treatment-Emergent Adverse Events were slightly lower in those receiving vafidemstat, though Treatment-Related TEAEs were similar between groups. An observation of interest was that vafidemstat-treated patients showed a reduced inclination towards self-harm compared to the ones receiving placebo. All these data have been presented to the FDA in an end-of-Phase II meeting held recently to discuss a registrational Phase III study for the treatment of BPD.
TCNNF

Hot Stocks

08:07 EDT Trulieve Cannabis to open medical cannabis dispensary in Hudson, Florida - Trulieve Cannabis announced the opening of a new medical cannabis dispensary in Hudson, Florida. "This new dispensary provides greater access to cannabis for patients and caregivers in Pasco County," said Trulieve's Chief Executive Officer Kim Rivers. "We look forward to serving the Hudson community with high-quality products."
AMRX

Hot Stocks

08:07 EDT Amneal Pharmaceuticals debuts Crexont extended-release for Parkinson's treatment - Amneal Pharmaceuticals announced that it has launched CREXONT or carbidopa and levodopa, extended-release capsules for the treatment of Parkinson's disease. CREXONT is a novel, oral formulation of carbidopa/levodopa or CD/LD, that combines both immediate-release granules and extended-release pellets. CREXONT is now broadly available at U.S. pharmacies. "We are pleased to launch CREXONT and make it broadly available to healthcare providers and patients. The product's innovative formulation provides a longer duration of "Good On" time with less frequent dosing compared to immediate release CD/LD. As a leader in the Parkinson's space, Amneal has a long history of working closely with movement disorder specialists and neurologists. We are excited to build on this foundation with the rollout of a comprehensive education program and extensive services to help healthcare providers and patients access this innovative therapy," said Joe Renda, Senior Vice President, Chief Commercial Officer - Specialty.
IBM

Hot Stocks

08:07 EDT IBM, NASA announces release of open-source AI model - IBM announced a new AI foundation model for a variety of weather and climate use cases, available in open-source to the scientific, developer, and business communities. Developed by IBM and NASA, with contributions from Oak Ridge National Laboratory, the model offers a flexible, scalable way to address a variety of challenges related to short-term weather as well as long-term climate projection.
BAK

Hot Stocks

08:06 EDT Braskem selected by DOE to negotiate terms of $50M award - Braskem announced that the company has been selected by the U.S. Department of Energy's Office of Manufacturing and Energy Supply Chains to negotiate terms of a $50M award under the Bipartisan Infrastructure Law. This landmark funding would expand Braskem's ultra-high molecular weight polyethylene production capabilities in La Porte, Texas, specifically targeting the lithium-ion battery separator market.
RILY

Hot Stocks

08:06 EDT B. Riley Financial announces addition of Philipps as Managing Director - B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial, announced the addition of Brendon Philipps as a Managing Director where he will lead the firm's Capital Structure Advisory and Liability Management efforts.
MBRX

Hot Stocks

08:05 EDT Moleculin Biotech announces presentation of in vivo efficacy data of Annamycin - Moleculin Biotech announced the recent presentation of positive in vivo efficacy data of Annamycin in orthotopic and experimental lung metastatic models of sarcoma. Key Highlights: Annamycin demonstrated high uptake and retention in lung parenchyma of mice and rats. The therapeutic effects of doxorubicin, DOX, are diminished due to low lung DOX uptake as demonstrated in the tested in vivo models. In contrast, Annamycin exhibits consistent efficacy in vivo in orthotopic and experimental lung metastatic models of sarcoma, breast, and colon cancer. This correlated with high Annamycin concentration in lungs, which exceeded DOX levels by 10- to 30-fold. Preclinical tests clearly demonstrate a better cardiac safety profile of Annamycin when compared to DOX and no cardiotoxicity of Annamycin in the in vivo models. No cardiotoxicity of Annamycin has been noted in ongoing clinical studies. The observed organotropic properties of Annamycin, its efficacy in vivo, and its promising safety profile warrant further translational studies to evaluate Annamycin in patients with primary or metastatic lung cancers, as a single agent and in combination with currently used therapeutics.
TTWO

Hot Stocks

08:05 EDT Take-Two label to launch Tales of the Shire: A The Lord of The Rings on March 25 - Private Division, a publishing label of Take-Two, and Weta Workshop, the creative studio known for their work on The Lord of the Rings film trilogy, revealed yesterday during a showcase that Tales of the Shire: A The Lord of The Rings Game will launch on March 25, 2025 on PC via Steam, Nintendo Switch, PlayStation 5, Xbox Series X S, and Netflix Games.
TOVX

Hot Stocks

08:05 EDT Theriva Biologics achieves target patient enrollment in VIRAGE Phase 2b trial - Theriva Biologics has achieved their target patient enrollment in the VIRAGE Phase 2b clinical trial evaluating the Company's lead product candidate VCN-01 plus standard-of-care chemotherapy as a first line therapy for patients with metastatic pancreatic ductal adenocarcinoma. VCN-01 is a systemically-administered, tumor selective, stroma-degrading oncolytic adenovirus that has been granted Orphan Drug Designation and Fast Track Designation by the U.S. Food and Drug Administration for the treatment of PDAC.
COCH AAPL

Hot Stocks

08:04 EDT Envoy Medical investor discusses Apple AirPods Pro 2 hearing aid announcement - Envoy Medical (COCH) highlights an interview with key investor Glen Taylor on Fox Business News "The Claman Countdown" in which he commented on the news that Apple's (AAPL) new AirPods Pro 2 can be used as hearing aids. In the interview, Mr. Taylor was asked whether he was worried about Apple entering the hearing technology market, and he discussed how he believed it could be additive to Envoy Medical's product offering. Mr. Taylor noted that due to Envoy Medical's fully implanted devices taking in sound through the ear, devices like the AirPods Pro 2 could potentially work in concert with Envoy Medical's fully implanted devices. Envoy Medical's hearing devices are not hearing aids, but rather fully implanted hearing devices for a particular subset of hearing loss. Envoy Medical CEO, Brent Lucas stated, "Our hearing implants are different from other hearing implants in that ours use the ear to pick up sound. We sometimes refer to it as 'Nature's Microphone.' The device design of our hearing implants allows recipients to use the ears for other things, such as external electronics, earbuds, or even hearing aids. Once the market appreciates why we believe this is going to be a differentiator, we believe it will increase excitement around our fully implanted hearing implants and the flexibility they can provide to certain patients."
FSV

Hot Stocks

08:03 EDT First Onsite presents live burn, education seminar - First Onsite Property Restoration is co-hosting a Live Burn and Education Seminar on September 30 at the Stephenson County Fairgrounds in Freeport, Illinois. First Onsite is partnering with FireTech Inc, Fire and Explosion Investigations and fire expert John Knapp along with Todd Davis, an insurance educator, who will be conducting his "Stop, Drop & Roll" class which will offer CE credits. The class will feature lessons on fire behavior, fire safety, and controlled burns of a two-room structure, as well as two vehicles. This educational event is geared toward Claims Adjusters, Claims Advocates, CSRs, and SIU Representatives. The general public and media are welcome to attend. The Freeport Fire Department will be assisting and training as part of the event.
MCHP

Hot Stocks

08:02 EDT Microchip announces 101765 family of Voltage-Controlled SAW Oscillators - Microchip Technology announces its new 101765 family of Voltage-Controlled SAW Oscillators designed to deliver ultra-low phase noise and operate at 320 MHz and 400 MHz. The 101765-320-A VCSO delivers ultra-low phase noise performance of 166 dBc at 10 kHz offset and a 182 dBc floor. Low phase noise is crucial for improving the lower limit of detection in radar and other sensing applications. These devices are optimal for radar and instrumentation systems such as Active Electronically Scanned Array that demand high fidelity in critical phase-locked loop timing applications. Available in a small form factor, 1 inch 1 inch hermetic Kovar package, the VCSOs are designed for applications where Size, Weight, Power and Cost are important factors. The VCSOs are offered with supply voltages from 4.75-15.75V and a supply current of 111 mA to provide a power-efficient timing solution.
VTYX SNY

Hot Stocks

08:01 EDT Ventyx Biosciences announces $27M investment from Sanofi - Ventyx Biosciences (VTYX) announced that Sanofi (SNY) has agreed to make a $27 million strategic investment in the Company at an as-converted price of $3.8243 per share of common stock, pursuant to which Sanofi will purchase 70,601 of the Company's Series A non-voting convertible preferred stock, each share of which is initially convertible into 100 shares of common stock. The closing of the transaction is expected to occur on September 23, 2024. In connection with the equity investment, the Company has agreed to grant Sanofi an exclusive right of first negotiation with respect to certain VTX3232 program rights. The proceeds from the investment are expected to further strengthen the Company's cash position, and current cash, cash equivalents and marketable securities, inclusive of the proceeds from the investment, are expected to be sufficient to fund planned operations into at least the second half of 2026.
LTRY

Hot Stocks

07:56 EDT Lottery.com's Sports.com launches platform in new markets across Asia - Lottery.com announced that Sports.com has significantly expanded its geographic reach, launching its platform and content in new markets across Asia. This expansion is part of Sports.com's ongoing commitment to delivering premium sports content to millions of potential fans worldwide, further extending its commercial reach beyond Africa and the Middle East. By partnering with Forest Interactive, the platform is now live in Malaysia, the UAE, Saudi Arabia, and the broader MENA region. These regions are home to millions of sports enthusiasts, and this expansion allows Sports.com to tap into a growing fanbase, providing enhanced access to live sporting events and high-quality content. In the coming months, Sports.com will be introducing more live sporting events and original content aimed at engaging wider audiences across its expanding global network.
JFBR

Hot Stocks

07:46 EDT Jeffs' Brands says Fort Products classified as Key Account by Amazon UK - Jeffs' Brands' subsidiary, Fort Products, has been classified as a Key Account, granting eligibility for the Amazon Top Seller Program. The recognition is based on Fort Products' robust sales performance and its organic visibility score. By optimizing product listings and enhancing marketing efforts, the Company expects to capitalize on the potential sales uplift opportunities identified across different business areas.
CSCI

Hot Stocks

07:39 EDT Cosciens Biopharma provides update on development projects - Pharmaceuticals: Avenanthramides tablets - Anti-inflammatory product: The Single Ascending Dose arm of the Company's Phase 1 safety and tolerability study has been completed with 48 healthy subjects with no significant clinical adverse events. The Montreal Heart Institute will now enroll 24 additional subjects, each of them receiving specific ascending doses. The Phase 1 study is expected to be completed by year-end. Yeast beta glucan - Anti-fibrotic product: Pre-clinical studies successfully conducted over the last four years with researchers at McMaster University were published on September 9, 2024 in the prestigious publication, Biomaterials Scientific Journal. The data published demonstrated that PGX-processed yeast beta glucan is respirable and able to safely and reliably reprogram cells responsible for the development of fibrotic disease like lung fibrosis in pre-clinical models. AIM Biologicals - Parkinson's Disease: An abstract related to the Company's AIM Biologicals PD development program was presented at the European Congress of Immunology held September 1-4, 2024, in Dublin by Dr. Jorg Wischhusen from Wurzburg University as part of the "INNOVATIVE TECHNOLOGIES AND IMMUNOTHERAPIES" track. The goal of this pre-clinical program is to demonstrate that the product confers neuroprotection in an animal model for Parkinson Disease. Nutraceuticals: Yeast beta glucan - Immune booster: Development of a YBG powder formulation for use as an immune booster has been completed. Cosmeceuticals: Avenanthramides and Oat beta glucan - Wound healing: Positive data from a pre-clinical study using AVA and OBG products were presented by Dr. Vince Li, Scientific Director of the Angiogenesis Foundation at the 2024 American Society for Nutrition Annual Meeting held in Chicago at the beginning of July 2024. The pre-clinical data demonstrated that both AVA and OBG accelerate the speed and quality of healing. Technology Development: Pressurized Gas eXpanded Technology: Edmonton Main Facility - PGX Scale-Up 50 Liters Vessel: Construction, installation and commissioning is completed. Validation trials using YBG were successfully performed to produce powder formulation. We plan to sell YBG produced from this facility as a nutraceutical in capsulation form. Austria Natex Facility - PGX Scale-Up 100 Liters Vessel: The project is on schedule.
NKGFF

Hot Stocks

07:37 EDT Nevada King Gold announces assay results from Atlanta Gold Mine Project - Nevada King Gold announces assay results from twenty reverse circulation holes and one core hole recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Today's holes are plotted in plan and along sections 22-10N, 22-11N, 22-12N, and 22-13N.
ARWR

Hot Stocks

07:37 EDT Arrowhead files for regulatory clearance to initiate ARO-INHBE trial - Arrowhead announced that it has filed for regulatory clearance to initiate a Phase 1/2a clinical trial of ARO-INHBE, the company's investigational RNA interference, or RNAi, therapeutic being developed as a potential treatment for obesity. Arrowhead also plans to file for regulatory clearance before the end of 2024 to initiate a clinical trial for its second obesity candidate, ARO-ALK7.
CSCI

Hot Stocks

07:37 EDT Cosciens Biopharma provides update on merger integration, succession plans - COSCIENS Biopharma provided an update on the progress of its merger integration with Ceapro, including planned changes to its management team and advancements across its current business. "With the initial integration efforts now well underway, I believe now is the ideal time for the next generation of leaders to make their mark on the future of COSCIENS. To that end, with my full support, our Board has engaged an executive recruiting firm to identify the next President and CEO of COSCIENS. I remain fully committed to lead and support COSCIENS while that search is underway and will provide whatever support my successor needs through the transition," stated Gilles Gagnon, CEO of COSCIENS. "The reason for creating COSCIENS and the stated goals of the Aeterna Zentaris and Ceapro combination was, and remains: broadening the revenue base, product offering and pipeline; evaluating our combined product portfolio in an effort to create a mix of near-term revenue generating products with longer term, potentially higher reward products, while also diversifying our respective risks; right-sizing our administrative costs and prioritize capital with a clear focus on products and programs that have the best chance to succeed and create value inflection points; and taking steps to recruit future leadership talent and expertise to execute on our strategy and take COSCIENS to the next level. The first two goals will take time to achieve - we want to ensure that we are looking at comprehensive data and market information when making key product related decisions. We also want to ensure that the next President and CEO will have a voice in key decisions as they chart the future direction of COSCIENS." Management has already initiated and is continuing towards further cost reduction measures, including efforts to right size the combined business through the elimination of a number of managerial and technical positions. As part of those efforts, COSCIENS is also reducing the spend on certain programs pending completion of data review. The Company continues to review the results from the Phase 3 DETECT-Trial of macimorelin for the treatment of childhood growth hormone deficiency and, while that is occurring, is looking for opportunities to reduce its associated spend while still supporting macimorelin in its approved indication, adult human growth hormone deficiency. The Company has also made the decision to discontinue further spend on the preclinical research program to evaluate the potential use of macimorelin for the treatment of amyotrophic lateral sclerosis. The ALS program has taken far longer and will cost more than was first anticipated and the Company does not have sufficient confidence from the data obtained to date that it will ultimately provide the much needed treatment for ALS patients that it once hoped."
BHVN

Hot Stocks

07:36 EDT Biohaven achieves topline results from study of troriluzole - Biohaven announced positive topline results from pivotal Study BHV4157-206-RWE demonstrating the efficacy of troriluzole on the mean change from baseline in the f-SARA after 3 years of treatment. The study achieved the primary endpoint and showed statistically significant improvements on the f-SARA at years 1 and 2. Collectively, data across multiple analyses demonstrate a robust and clinically meaningful slowing of disease progression in SCA patients. These treatment benefits translate into a 50-70% slower rate of decline compared to untreated patients, representing 1.5-2.2 years delay in disease progression over the 3-year study period. Additionally, in a responder sensitivity analysis, disease progression when defined by a 2 point or greater worsening on the f-SARA at 3 years showed an odds ratio of 4.1 for the untreated external control arm versus troriluzole treated subjects
RIOT BITF

Hot Stocks

07:36 EDT Riot Platforms, Bitfarms enter settlement agreement - Riot Platforms (RIOT) issued this press release pursuant to Part 3 of Canadian National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 - Take-Over Bids and Issuer Bids in respect of Bitfarms (BITF). On September 23, Riot and the company entered into a settlement agreement, pursuant to which Andres Finkielsztain resigned from the company's board of directors; Amy Freedman was appointed to the board, the governance and nominating committee and the compensation committee of the board, and will be appointed to each special committee of independent directors of the board that is currently constituted or may be constituted from time to time provided that she is independent for purposes of the mandate of the special committee and Riot has withdrawn its requisition for a special meeting of shareholders of the company. Immediately prior to, and immediately after, the entering into of the agreement, Riot beneficially owned 90,110,912 common shares of Bitfarms, representing approximately 19.9% of the issued and outstanding common shares. Riot intends to review its investment in the company on a continuing basis and, subject to the terms of the agreement, and depending upon various factors, including without limitation, any discussion between Riot, the company and/or the board and its advisors regarding, among other things, the company's financial position and strategic direction, overall market conditions, other investment opportunities available to Riot, and the availability of securities of the company at prices that would make the purchase or sale of such securities desirable, Riot may increase or decrease its position in the company through, among other things, the purchase or sale of securities of the company, including through transactions involving the common shares and/or other equity, debt, notes, other securities, or derivative or other instruments that are based upon or relate to the value of securities of the company in the open market or otherwise, enter into transactions that increase or hedge its economic exposure to the common shares without affecting its beneficial ownership of the common shares or consider or propose one or more of the actions described in subparagraphs (a) - (k) of Item 5 of Riot's early warning report filed in accordance with applicable Canadian securities laws, including submitting a revised proposal to acquire the company.
BWMN

Hot Stocks

07:35 EDT IDOT contracts Bowman for 15.6-mile corridor management of I-55 - Bowman Consulting Group has been contracted by the Illinois Department of Transportation IDOT to provide corridor management and design services for a 15.6-mile corridor of I-55. "We are excited to start working on the highly impactful and innovative I-55 corridor assignment," said Gary Bowman, chairman and CEO of Bowman. "This is one of several awards where we've been anticipating and planning for a final contract and notice to proceed for several months. We had the necessary resources for the assignment in place, so we were able to mobilize quickly and immediately commence work on the project. Our transportation practice has unparalleled experience with the complexities of large-scale infrastructure projects in Illinois, and we appreciate this opportunity to help IDOT improve and modernize one of the most heavily traveled expressways in the state for its constituents."
CMTL

Hot Stocks

07:35 EDT Comtech's former CEO nominate full slate of candidates for board - Fred Kornberg and Michael Porcelain, significant stockholders and former Chief Executive Officers of Comtech Telecommunications, issued an open letter to fellow Comtech stockholders. Michael Porcelain also announced that he has nominated a slate of eight highly qualified director candidates for election to the Comtech Board of Directors at the upcoming 2024 Annual Meeting of Stockholders. Collectively, the Nominees beneficially own approximately 7.6% of the outstanding shares of Comtech's common stock. If elected, the Nominees intend to pursue a thorough evaluation of strategic options for Comtech's 911 Public Safety business, the appointment of an external CEO & COO, and other initiatives aimed at enhancing long-term stockholder value. Kornberg and Porcelain wrote in the letter, "We believe the recommendations we made to the Board and the election of the new director candidates listed at the end of this letter are important for positioning Comtech for long-term success and maximizing stockholder value. As dedicated stakeholders and former leaders of Comtech, we stand ready to assist the Company and help it achieve its full potential. We appreciate the engagement of many stockholders and other stakeholders who share our commitment to Comtech's success."
VHIBF

Hot Stocks

07:35 EDT Vitalhub appoints Christian Sgro as head, investor relations and M&A specialist - VitalHub announced the addition of Christian Sgro as Head of Investor Relations and Mergers and Acquisition Specialist. Christian will spearhead the global investor relations strategy and enhance the capacity of the Company's active consolidation program. Christian joins VitalHub following seven years of technology equity research experience with Eight Capital and Canaccord Genuity. In his role at Eight Capital, Christian maintained equity research coverage of VitalHub.
SDST

Hot Stocks

07:34 EDT Stardust Power appoints Paramita Das as CSO - Stardust Power announced that Paramita Das will join as Chief Strategy Officer and Senior Advisor. She will directly advise the Company's CEO and Founder, Roshan Pujari. Das has agreed to serve as Stardust Power's lead external adviser, supporting the Company's next phase of commercialization and development. Previously, she spent over 8 years at Rio Tinto, most recently serving as the Global Head of Marketing, Development and ESG, Metals and Minerals for various Rio Tinto Corporate listed entities.
ELEV

Hot Stocks

07:33 EDT Elevation Oncology receives FTD from FDA for EO-3021 - Elevation Oncology announced that the U.S. Food and Drug Administration, FDA, has granted Fast Track designation, FTD, to EO-3021, a differentiated antibody drug conjugate, ADC, for the treatment of patients with advanced or metastatic gastric and gastroesophageal junction cancer expressing Claudin 18.2 that has progressed on or after prior therapy. "We are delighted to receive Fast Track designation for EO-3021, which marks an encouraging recognition of the unmet medical need in patients with Claudin 18.2-expressing tumors, as well as the potential for EO-3021 to deliver improved therapeutic outcomes," said Joseph Ferra, President and Chief Executive Officer of Elevation Oncology.
BCAB CNTX

Hot Stocks

07:32 EDT BioAtla, Context Therapeutics enter exclusive license agreement for BA3362 - BioAtla (BCAB) and Context Therapeutics (CNTX) announced that the companies have entered into an agreement under which Context has obtained from BioAtla an exclusive, worldwide license to develop, manufacture and commercialize BA3362, BioAtla's Nectin-4 x CD3 TCE. Context will assume and fund all development and commercialization activities. Under the terms of the agreement, BioAtla is eligible to receive up to $133.5 million in aggregate payments, including $15.0 million in upfront and near-term milestones with additional potential clinical, development and commercial milestones totaling $118.5 million, as well as tiered royalties on net sales.
ALRN

Hot Stocks

07:32 EDT Aileron completes enrollment of Cohort 2 of Phase 1b trial of LTI-03 - Aileron Therapeutics announced the completion of enrollment in Cohort 2 of the ongoing Phase 1b clinical trial of LTI-03 in IPF patients. The last patient was enrolled in mid-September, with a total of 24 patients enrolled in the trial. Eligible patients are randomly assigned to receive either inhaled LTI-03 or placebo. The primary objective of the trial is to evaluate the safety and tolerability of LTI-03 in patients with IPF after treatment for 14 consecutive days, with measurement of multiple protein biomarkers as exploratory endpoints.
AVCNF

Hot Stocks

07:29 EDT Avicanna announces medical cannabis real world evidence study - Avicanna announced a large-scale medical cannabis real world evidence study through the MyMedi.ca medical cannabis care platform. The Study is to be led by Hance Clarke, MD, FRCPC, PhD. Dr. Clarke is the current President of The Canadian Pain Society and the Canadian Consortium for the Investigation of Cannabinoids. The prospective, non-interventional, observational study aims to enroll 1,000 patients across the country to understand the potential therapeutic use of medical cannabis and potential impact of medical cannabis on pain, sleep, anxiety, depression, and epilepsy. Utilizing validated questionnaires, the study seeks to understand the potential impact of various medical cannabis products and evaluate the change in use of concomitant medication over a 24-week duration. The study was originally initiated by Medical Cannabis by Shoppers and was part of Avicanna's commitment to provide continuation of care to the platforms' patients but also the advancement of medical research. Avicanna's medical cannabis care platform MyMedi.ca will providing the necessary infrastructure, patient support, and education for all participating HCPs nationwide. Participating patients will have access to the platform's products including Avicanna's own RHO Phyto formulary in addition to products from select licensed producers that are supporting the study.
MMA

Hot Stocks

07:28 EDT Alta Global: UFC Gym partnership to drive $7M potential gross annual revenue - Alta Global Group announced its partnership with UFC Gym Group has the potential to deliver gross revenue of $7,000,000 per annum upon roll-out of UFC Gym's global gym footprint of over 150 gyms. The program will launch in California, scheduled to go on sale to members in September 2024. This represents Alta's first major enterprise partnership and will look to integrate Alta's innovative products and programs across UFC Gym's extensive network of global gyms.
STAA

Hot Stocks

07:26 EDT Staar Surgical opens expanded Experience Center for ophthalmic professionals - STAAR Surgical Company announces the expansion and new location of the STAAR Surgical Experience Center. Located at STAAR's headquarters in Lake Forest, California, near John Wayne Airport SNA , the center serves as a dynamic hub for comprehensive, hands-on training and education in lens-based vision correction. The new Experience Center is a critical addition to customer training, education and support as the demand for EVO ICL continues to surge among surgeons and refractive practices, driven by the escalating global myopia epidemic. The prevalence of myopia in Americans is 42%3, having doubled over the past three decades3, while laser refractive procedure volume is declining. EVO ICL is rapidly disrupting the refractive market. STAAR Surgical is on track to sell more ICLs between 2024 and 2026 than in the first 25 years of ICL sales combined, reflecting the transformative impact of this technology following FDA approval and market launch. "We are thrilled to open our expanded Experience Center, offering cutting-edge resources and training for ophthalmic professionals," said Tom Frinzi, President and CEO of STAAR Surgical. "The center reflects our commitment to supporting the growing demand for EVO ICL and advancing its global adoption."
OB

Hot Stocks

07:24 EDT Outbrain announces repuchase of convertible senior notes due 2026 - Outbrain has repurchased all of the remaining $118 million in aggregate principal amount of the 2.95% Convertible Senior Notes due 2026 via a privately negotiated repurchase agreement with Baupost Group Securities, L.L.C., the sole holder of the Convertible Notes. The Company paid, including accrued interest, $109.7 million in cash representing a discount to par value of approximately 7.5%. As a result, Outbrain will record a pre-tax gain of approximately $8.8 million in the third quarter of 2024. Following the closing of the transaction, Outbrain has repurchased the entire principal balance of $236 million of the Convertible Notes, with no remaining debt on the balance sheet and approximately $128 million of cash, cash equivalents and investments in marketable securities, when adjusting the balance as of August 31, 2024 for the repayment. Outbrain repurchased the initial $118 million principal amount of the Convertible Notes in April 2023.
RPTX

Hot Stocks

07:24 EDT Repare: Endometrial cancers with CCNE1 amplifications carry poor prognosis - Repare Therapeutics presented new data on Friday highlighting the impact of alterations in FBXW7, PPP2R1A and CCNE1 in patients with metastatic ovarian and endometrial cancers based on an analysis in approximately 2,000 patients from Cancer Genome Atlas Research Network and Memorial Sloan Kettering's Metastatic Events and Tropisms. The poster presentation was shared at the American Association of Cancer Research's, AACR, 15th Annual Ovarian Cancer Research Symposium in Seattle, underscores inherent chemotherapy resistance and the lack of treatment options for metastatic gynecologic cancer patients with these biomarkers. "Patients with recurrent ovarian and endometrial cancers are already at a disadvantage when it comes to treatment options," said Maria Koehler, MD, PhD, Executive Vice President and Chief Medical Officer of Repare. "These new data highlight the urgent need for innovative therapeutic approaches to address the specifically poor prognosis associated with FBXW7, PPP2R1A and CCNE1 alterations treated with standard of care-based chemotherapy. We look forward to reporting data from our MYTHIC dose expansion trial evaluating lunresertib in combination with camonsertib in patients with ovarian and endometrial cancers with these biomarkers in the fourth quarter of 2024."
BAM

Hot Stocks

07:23 EDT Brookfield Asset Management raises $2.4B for Catalytic Transition Fund - Brookfield Asset Management announced an initial closing of $2.4 billion for the Catalytic Transition Fund, marking a significant milestone towards the target of raising up to $5 billion for deployment towards clean energy and transition assets in emerging markets. CTF was previously launched at COP28 with up to $1 billion of catalytic capital provided by ALTERRA funds. As it looks towards innovative approaches to catalyze capital for climate solutions in emerging markets, ALTERRA's fund commitment has been designed to receive a capped return, thereby improving risk-adjusted returns for other investors in the Fund. Brookfield has committed to provide 10% of the Fund's target to align itself with investment partners and investors. Today, Brookfield is announcing four additional investment partners for CTF: CDPQ, GIC, Prudential and Temasek, among others. These leading institutional investors are important global players in transition investing and will be valued partners to Brookfield as CTF gets deployed in its target markets. CTF has now raised approximately half of the $5 billion total capital targeted for the Fund. CTF is focused on deploying capital into clean energy and transition assets in emerging markets in South and Central America, South and Southeast Asia, the Middle East, and Eastern Europe. This strategic partnership will help drive clean energy investment into emerging markets, where investment needs to increase sixfold over current levels to reach the $1.6 trillion required annually by the early 2030s in line with global net zero targets. The Fund benefits from ALTERRA's push to significantly expand private finance and fuel ambitious new climate strategies, as well as Brookfield's global leadership in clean energy and transition investing, building on over three decades of operational experience in renewable energy technologies and its track record as the world's largest transition investor among alternative asset managers. The Fund expects to announce its initial investments later in 2024, and a traditional first close - with additional capital from Brookfield's ongoing fundraising efforts through its extensive network of institutional investors - is expected by early 2025.
MAQC

Hot Stocks

07:22 EDT OTC Markets Group welcomes Maquia Capital Acquisition to OTCQX - OTC Markets Group announced Maquia Capital Acquisition Corp has qualified to trade on the OTCQX Best Market. Maquia Capital Acquisition Corp previously traded on NASDAQ.
SKYE

Hot Stocks

07:21 EDT Skye Bioscience provides perspectives on prospects for nimacimab - Potency and Pharmacokinetics: Nimacimab: Using both Skye's Phase 1 clinical PK data and non-human primate biodistribution studies, a robust model was developed to predict both peripheral and central exposure of nimacimab at the current Phase 2 clinical dose. This model demonstrates that the concentration of drug in the periphery greatly exceeds the dose required to inhibit CB1 receptor signaling, with highly limited exposure in the brain at a level 100-fold less than the IC50 and 600-fold less than the IC90, potentially mitigating the risk of promoting neuropsychiatric side effects. Monlunabant: Published Phase 1 clinical data as well as preclinical biodistribution and potency data for monlunabant has been used to establish a model that predicts both peripheral and central exposure at all Phase 2 clinical doses. This model underscores that while sufficient peripheral inhibition has been achieved at all doses, notable brain exposure in this chronic setting exceeds the IC75 concentration at all doses, with the highest dose exceeding IC90 levels. This model is consistent with the dose-dependent increase in neuropsychiatric AEs reported in monlunabant's Phase 2 trial. Nimacimab Wider Therapeutic Index: These models highlight that in contrast to the small-molecule-based CB1 inhibitors, nimacimab has a potentially wider therapeutic index that may lead to greater flexibility to dose considerably higher while still maintaining central levels well below the IC50. Of note, nimacimab's Phase 1 clinical data has also demonstrated favorable tolerability, providing further support for a potential broader therapeutic index. Efficacy: Monlunabant achieved approximately 6% weight loss at 16 weeks, which aligns with historical benchmarks achieved by rimonabant and is similar to oral semaglutide at similar time points. This data is in line with and validates the trend for CB1 inhibitors, and is highly supportive of the 8% placebo-adjusted weight loss target at 26 weeks in Skye's current Phase 2 obesity study of nimacimab. Neuropsychiatric Safety Concerns: Monlunabant previously showed accumulation in the brain, preclinical and Phase 1 neuropsychiatric side effects were observed, and Phase 2 dose-dependent neuropsychiatric side effects were observed, reflecting the CNS exposure also seen with other small-molecule CB1 inhibitors. Nimacimab has had no known CNS safety concerns, showing no neurological toxicity in preclinical studies and zero neuropsychiatric side effects in its Phase 1 trial. Nimacimab Differentiation: Monlunabant Dose Limitation: Limited weight loss at higher doses suggests a potential plateau in efficacy and reinforces potential PK/PD limitations that may compress the therapeutic index. While brain exposure is a critical hurdle that may require a lower clinical dose, these small molecules also have the disadvantage of targeting the orthosteric site of CB1, which necessitates competition with often high concentrations of peripheral endocannabinoids. Non-Competitive Inhibition of CB1 Signaling: Antibody-based CB1 inhibition not only drives its heightened peripheral restriction but also allows nimacimab to bind to the CB1 receptor away from the endocannabinoid binding pocket at the allosteric site. This binding still allows nimacimab to inhibit CB1 signaling as both an inverse agonist and an antagonist while avoiding competition with natural ligands, ensuring a better PK/PD relationship even with higher endocannabinoid levels.
BAC

Hot Stocks

07:20 EDT Bank of America to open more than 165 financial centers by end of 2026 - Bank of America announced it is on track to open more than 165 new centers across 63 markets by the end of 2026, including nearly 40 this year. This is in addition to the more than 100 centers the company opened over the last two years. "We are reaching more and more clients through the expansion and modernization of our financial centers," said Aron Levine, President of Preferred Banking at Bank of America. "While most clients are using our digital capabilities for their everyday banking, they are visiting our centers for in-person conversations about their more complex financial needs and advice on their life priorities and financial goals."
SKYE NVO

Hot Stocks

07:19 EDT Skye Bioscience comments on monlunabant Phase 2 top-line data - Skye Bioscience (SKYE) providing a statement regarding a recent announcement by Novo Nordisk (NVO) on Phase 2a top-line data with monlunabant, Novo's small-molecule oral cannabinoid receptor inverse agonist. "We are encouraged to see that monlunabant met its primary endpoint and demonstrated at least a 6% placebo-adjusted weight loss at 16 weeks, which we see as broadly supportive of the mechanism of action for inhibition of peripheral CB1 receptors and its role in weight loss," said Punit Dhillon, Skye's CEO. "The observation of dose-dependent neuropsychiatric side effects in this study was unfortunate, however, this highlights a key distinction between our large-molecule CB1 inhibitor and known small-molecule CB1 inhibitors currently in development. Nimacimab, a monoclonal antibody being developed by Skye, has demonstrated minimal accumulation of drug in the brain in preclinical non-human primate studies, and in our limited data set from the Phase 1 MAD study in non-alcoholic fatty liver disease, importantly, no neuropsychiatric adverse events were observed." "In pharmacodynamic models, the key advantages of nimacimab's peripheral restriction from the brain have been underscored," said Chris Twitty, Skye's Chief Scientific Officer. "Modeling of Phase 1 pharmacokinetic and preclinical biodistribution data demonstrate* that both nimacimab and monlunabant have sufficient peripheral exposure to exceed their respective IC90 thresholds to inhibit CB1 signaling. However, as expected for a small molecule, monlunabant has reported notable leakage into the brain, leading to central exposure exceeding the IC75 concentration at all doses tested in the Phase 2a study. We believe these data demonstrate a critical challenge faced by current CB1 small molecules in development, which lack adequate restriction from the brain and an increased potential for neuropsychiatric side effects." Dhillon added, "It is clear that with increased restriction from the brain, nimacimab provides a potential clear safety advantage over a small molecule approach. In addition, nonclinical studies have shown the predominant role of peripherally-driven CB1 inhibition in achieving weight loss and metabolic gains versus centrally-driven CB1 inhibition. To support our hypothesis, Skye has developed a murine mouse model expressing the human variant of the CB1 receptor, which will allow us to evaluate the effects on weight loss with nimacimab in a diet-induced obesity murine model. We expect to share results from these studies in the near future." Skye launched its Phase 2 trial of nimacimab in obesity in August 2024. This trial, which is the first to also assess a GLP-1/CB1 inhibitor combination, is expected to report interim weight loss data in Q2 2025 and top-line data in Q4 2025.
OPTHF

Hot Stocks

07:17 EDT Optimi Health joins S&P/ASX 300 Index - Opthea announced that the Company joins the S&P/ASX 300 Index, effective Monday, September 23, 2024, prior to market open in Australia.
IPSEY

Hot Stocks

07:17 EDT Ipsen reports EC approval of Kayfanda for cholestatic pruritus in ALGS - Ipsen announced that the European Commission has approved Kayfanda under exceptional circumstances for the treatment of cholestatic pruritus in Alagille Syndrome in patients aged 6 months or older. Kayfanda is a once-daily non-systemic ileal bile acid transport inhibitor. Odevixibat, the active substance in Kayfanda, blocks the ileal bile acid transporter, which ultimately results in a decrease in serum bile acids that can form in the liver. Approval of Kayfanda, known in ALGS as Bylvay outside of the E.U., was based on the ASSERT Phase III clinical trial data. ASSERT is the world's first and only Phase III trial completed in patients with ALGS. These data demonstrated statistically significant and clinically meaningful improvements from baseline to month 6 in scratching severity for patients on Kayfanda versus placebo. This was observed rapidly and maintained over the period of the study. A statistically significant reduction in serum bile acid concentration at the end of treatment was also demonstrated for patients on Kayfanda versus placebo, with improvements in multiple observer-reported sleep parameters. The overall incidence of treatment emergent adverse events with Kayfanda was similar to placebo, with a low drug-related diarrhea rate in patients with ALGS.
ORGS

Hot Stocks

07:14 EDT Orgenesis board approves 1-for-10 reverse stock split - Orgenesis Board of Directors has approved a 1-for-10 reverse stock split of the Company's common stock, par value $0.0001, which will be effective at 5:00 pm Eastern Time on September 24, 2024. The Company's common stock will continue to be traded on The Nasdaq Capital Market on a split-adjusted basis beginning on September 25, 2024, under the Company's existing trading symbol "ORGS". The reverse stock split is intended to regain compliance with the minimum bid price requirement of $1.00 per share of the Company's common stock for continued listing on The Nasdaq Capital Market. The new CUSIP number following the reverse stock split will be 68619K303. The Company filed a Certificate of Change with the Nevada Secretary of State on September 20, 2024 to effect the reverse split.
MURA

Hot Stocks

07:13 EDT Mural Oncology appoints Sachiyo Minegishi to board of directors - Mural Oncologyannounced the appointment of Sachiyo Minegishi to its board of directors, effective September 20. Ms. Minegishi will serve as Chair of the Audit Committee and will also be joining the company's Nominating and Corporate Governance Committee.She is currently the COO at Rectify Pharmaceuticals.
KMDA

Hot Stocks

07:12 EDT Kamada expands plasma collection operations in Texas - Kamada announced the expansion of its plasma collection operations with the opening of a new plasma collection center in Houston, TX. The new 12,000 square foot center is operated by Kamada's wholly owned subsidiary, Kamada Plasma, and is planned to support over 50 donor beds with an estimated total collection capacity of approximately 50,000 liters annually. Kamada intends to submit to the FDA a prior approval supplement to Kamada Plasma's existing Biologics License Application for the approval of the Houston site, as well as a plasma master file to the European Medicines Agency, during the first half of 2025. The FDA and EMA's regulatory process for obtaining approval for plasma collection centers includes onsite inspection. During the review process, the company is authorized to collect plasma donations at the center. Kamada currently anticipates approval decisions within 9-12 months of submissions. In addition to the new Houston center, the company has begun construction of its third plasma collection site in San Antonio, TX, which is expected to open during the first half of 2025. Each collection center is expected to contribute annual revenues of $8 million to $10 million in sales of normal source plasma at its full capacity.
SSRM

Hot Stocks

07:12 EDT SSR Mining announces Seabee will restart in second half of October - SSR Mining announces that Seabee will restart in second half of October. The fire activity has significantly reduced in the direct vicinity of the Seabee operations and is being actively managed. Following the Seabee evacuation on August 21, a small number of employees remained on site to manage the situation and assist the Saskatchewan Public Safety Agency, the "SPSA, in fire protection activities. We would like to extend our gratitude to our team that assisted on site following the evacuation, as well as the SPSA teams that helped protect the infrastructure at Seabee. While the process plant and Santoy mine were not materially impacted by the fires, remote equipment including power poles, piping, and exploration equipment was damaged. As a result of the reduced fire risk at site, employees have been cleared to return to the site in order to begin repairs to the damaged items.
IVVD

Hot Stocks

07:11 EDT Invivyd provides virology data, analysis of SARS-CoV-2 structural biology - Invivyd provided detailed virology data supporting previously communicated neutralization activity results, along with a genetic and structural analysis of past and present SARS-CoV-2 variant spike proteins, including the established molecular target of pemivibart. As part of Invivyd's ongoing monitoring of antiviral activity, Invivyd contracts with LabCorp's Monogram Biosciences lab to provide independent, robust virology assessments in a consistent lineal chain that allows for consideration of potential changing pemivibart potency as SARS-CoV-2 evolves. Pemivibart potency against contemporary viruses KP.3.1.1 and LB.1 remains in-line with the totality of predominant variants dating back to 2022, including isolates identified during the conduct of the CANOPY Phase 3 clinical trial from late 2023 to early 2024. "Quantitative neutralization assays exhibit marked intrinsic variability. Since discovery, pemivibart has exhibited impressively stable neutralization results across a wide range of SARS-CoV-2 variants, including and through contemporary variants tested," said Robert Allen, Ph.D., Chief Scientific Officer of Invivyd. "The values we observe thus far generally fall within the expected variability of the assay systems we employ." Invivyd also provided an update to ongoing structural analysis showing no meaningful mutational change in the pemivibart binding site since the Omicron shift late in 2021.The pemivibart binding site is defined as a region of amino acid residues on the spike protein within 5 angstroms of the interaction between pemivibart and spike protein in a crystal structure and consists of 19 key amino acids. Invivyd's ongoing genetic and structural analyses of these residues provide the underlying biological rationale for the company's ongoing expectation for neutralization activity of pemivibart in the face of constant and convergent mutation in the SARS-CoV-2 spike protein. Analysis to date of all 19 amino acids presented below shows de minimis mutational change with ongoing stability to the binding site since the Omicron shift.
TLSI

Hot Stocks

07:10 EDT TriSalus: PEDD method via TriNav Infusion System aided penetration of GM - TriSalus Life Sciences announced the publication of research titled, "Intra-arterial Pressure-Enabled Drug Delivery Significantly Increases Penetration of Glass Microspheres in a Porcine Liver Tumor Model," in the peer-reviewed Journal of Vascular and Interventional Radiology. The article illustrates that the PEDD method via the TriNav Infusion System significantly improved delivery of glass microspheres or GM, with deeper penetration into liver tumors and the peritumoral tissue, when compared to delivery of GM with a conventional microcatheter in a transgenic, oncopig, model. "This is another example of how our PEDD approach effectively tackles a significant challenge in cancer care by ensuring the selective and increased delivery of therapeutics to the tumor. This research advances and validates our understanding of the PEDD method, providing high-resolution evidence of enhanced delivery," said Bryan F. Cox, Ph.D., Chief of Research for TriSalus. "With both proximal and distal placements of the PEDD device, we observed significantly improved delivery of glass microspheres to the tumor, quantified on a millimeter scale. The strength of the proximal infusion data suggests an opportunity to selectively target multiple tumors simultaneously in patients with heavy disease burdens."
TNXP

Hot Stocks

07:09 EDT Tonix Pharmaceuticals announces data presentations on TNX-102 SL - Tonix Pharmaceuticals Holding announced data in two oral presentations and a poster presentation at the 11th Global Conference on Pharmaceutics and Novel Drug Delivery Systems, held September 19-21, 2024, in Rome, Italy. Prof. Marino Nebuloni, Director, Qualified Person, Redox Analytical Science Srl, in an oral presentation titled, "Mannitol as Eutectic Forming Agent for Improved Sublingual Delivery of Cyclobenzaprine HCl," described the eutectic formation of cyclobenzaprine HCl and mannitol and how it provides a stable product that dissolves rapidly and delivers cyclobenzaprine by the transmucosal route efficiently into the bloodstream. The eutectic protects cyclobenzaprine HCl from interacting with the basifying agent that is also part of the formulation and required for efficient transmucosal absorption. The work described included studies by Giorgio Reiner and his team at APR Applied Pharma Research S.A. and the team at Tonix. Bruce Daugherty, Ph.D., Executive Vice President, Research at Tonix Pharmaceuticals, in the second oral presentation titled, "Pharmacokinetic Properties of TNX-102 SL, a Sublingual Formulation of Cyclobenzaprine Hydrochloride," outlined the clinical pharmacology of TNX-102 SL via single dose and multiple dosage administration. The formulation of TNX-102 SL was designed specifically for sublingual administration and transmucosal absorption for bedtime dosing to target disturbed sleep, while reducing the risk of daytime somnolence. Clinical pharmacokinetic studies indicated that the addition of a basifying agent was necessary for efficient transmucosal absorption. The addition of a basifying agent resulted in higher levels of exposure during the first 2 hours after dosing and resulted in deceased levels of the long-lived active metabolite, norcyclobenzaprine in both single dose and multiple dose studies, consistent with bypassing first pass hepatic metabolism. At steady state after 20 days of dosing TNX-102 SL, the dynamic peak level of cyclobenzaprine is higher than the background level of norcyclobenzaprine. In contrast, after 20 days of dosing oral cyclobenzaprine, the simulated peak level of cyclobenzaprine is lower than the simulated background level of norcyclobenzaprine. Tonix believes that TNX-102 SL's dynamic levels of cyclobenzaprine exceeding norcyclobenzaprine levels after steady state modeling of chronic dosing, contributes to the durability of its clinical benefits. Dr. Daugherty also presented evidence showing that cyclobenzaprine interacts as an antagonist at four different receptors in the brain, which are believed to play roles in sleep quality supporting the multi-functional mechanism of TNX-102 SL. The presentation also illustrated the prevalence of fibromyalgia and the unmet need for new treatments in the U.S., despite the availability of three FDA-approved drugs. In the Phase 3 RESILIENT study in fibromyalgia, TNX-102 SL met the pre-specified primary endpoint of significantly reducing daily pain as compared to placebo. TNX-102 SL also demonstrated broad syndromal benefits with statistically significant improvement in all six pre-specified key secondary endpoints including those related to improving sleep quality, reducing fatigue, and improving patient global ratings and overall fibromyalgia symptoms and function. TNX-102 SL was well tolerated with an adverse event profile comparable to prior studies and no new safety signals were observed. Siobhan Fogarty, Executive Vice President, Product Development at Tonix Pharmaceuticals, in the poster presentation titled, "The Importance of In Vitro Discriminatory Tests in the Development of a Sublingual Dosage Form of TNX-102 SL Tablets," presented the development of in vitro techniques used to assess characteristics of the TNX-102 SL tablet including dissolution, "disintegration time" and a proprietary "wetting time" test. These in vitro tests assessed the impact of the particle size, excipient variation and compression force. The data presented indicate that a dissolution test does not discriminate between tablets made with intentional modifications to particle size, excipient content or compression strength. However, both "disintegration time" and "wetting time" are sensitive tests to discriminate differences in particle size, concentration of the excipient Pearlitol Flash and compression strength.
SUUN

Hot Stocks

07:08 EDT SolarBank intends to develop a 5.4 MW D ground-mount solar power project - SolarBank Corporation announces that it intends to develop a 5.4 MW DC ground-mount solar power project known as the Boyle project on a site located in Broome County, New York. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority, NYSERDA, NY-Sun Program.
QURE

Hot Stocks

07:07 EDT uniQure receives Orphan Drug Designation for AMT-191 in Fabry Disease - uniQure announced that the U.S. Food and Drug Administration has granted Orphan Drug Designation to AMT-191, uniQure's investigational gene therapy for the treatment of Fabry disease, a rare, inherited genetic disease. In August 2024, uniQure announced the dosing of the first patient in its U.S., multi-center, open-label Phase I/IIa trial of AMT-191. The Phase I/IIa clinical trial of AMT-191 will be conducted in the United States. The multicenter, open-label trial consists of two cohorts with up to six adult male patients each: a low-dose cohort of 6x1013 gc/kg and a high-dose cohort of 3x1014 gc/kg delivered through a one-time intravenous infusion. Patients will continue to receive their regular enzyme replacement therapy until the criteria for withdrawal is met and will be followed for a period of 24 months. The trial will explore the safety, tolerability, and early signs of efficacy by measuring the expression of lysosomal enzyme aGLA-A.
ALKS

Hot Stocks

07:07 EDT Alkermes to present clinical data from its Phase 1b study of ALKS 2680 - Alkermes announced plans to present clinical data from its phase 1b study of ALKS 2680 in patients with narcolepsy type 2, NT2, and idiopathic hypersomnia, IH, at the European Sleep Research Society's, ESRS, 27th Congress, Sleep Europe 2024, taking place Sept. 24-27, 2024 in Seville, Spain. ALKS 2680 is the company's novel, investigational, oral, selective orexin 2 receptor, OX2R, agonist in development as a once-daily treatment for narcolepsy, a chronic, neurological disorder characterized by excessive daytime sleepiness. In an oral presentation and corresponding poster presentation, the company will share data from the cohort of patients with NT2 from the phase 1b, proof-of-concept study evaluating single-dose, oral administration of ALKS 2680. Additionally, the company will present a poster with data from the cohort of patients with IH from the same study. As previously announced, ALKS 2680 was generally well tolerated with improved wakefulness compared to placebo in both cohorts.
BDTX

Hot Stocks

07:06 EDT Black Diamond announces initial Phase 2 data of BDTX-1535 - Black Diamond Therapeutics reported initial Phase 2 data demonstrating encouraging clinical responses and durability of BDTX-1535 in patients with relapsed/refractory epidermal growth factor receptor-mutant non-small cell lung cancer. Phase 2 preliminary data overview: The phase 2 trial began in August of 2023, and enrolled relapsed/refractory patients with non-classical EGFR mutations and those with C797S resistance mutations. Safety assessment and dose selection were based upon the first 40 patients randomized to receive BDTX-1535 once daily at either 100 mg or 200 mg across both Cohorts. Preliminary response rate and durability were assessed in 27 patients at 200 mg with an August 17, 2024, data cutoff, including 22 response-evaluable patients who met protocol eligibility criteria. Key takeaways: 200 mg daily selected for pivotal clinical development. Dose selection was based primarily on pharmacokinetics, safety and tolerability data from 20 patients at 100 mg, and 20 patients at 200 mg. Favorable tolerability profile at 200 mg, consistent with prior BDTX-1535 clinical data. The majority of adverse events were mild or moderate, and no new safety signals were observed. The most common on-target treatment-related adverse events were rash and diarrhea. There were 2 cases of grade 3 rash, and no reported cases of grade 4 rash or grade 3/4 diarrhea. Preliminary objective response rate of 42% achieved in 19 patients. For the 22 response-evaluable patients, the preliminary ORR was 36%. Nineteen of these 22 patients expressed known osimertinib resistance mutations: either C797S or P-loop alpha-C helix compressing. Of these 19 patients, 8 achieved a response: 5 with a confirmed partial response, including 1 patient who converted from a PR to an unconfirmed complete response at 8 months; and 3 with an unconfirmed PR at first scan and awaiting a confirmatory scan. An additional 9 patients experienced stable disease. Encouraging durability observed, with duration of response of approximately 8 months or more for first 3 patients with PR; 14 of 19 patients remain on therapy. Mean follow-up time is 4.7 months. Black Diamond continues to enroll patients in the second- and third-line cohorts, as well as in the first-line setting for patients with non-classical EGFR mutations. In Q1 2025, the Company expects to disclose initial results from the first-line cohort and to outline potential registrational paths in the recurrent setting based on FDA feedback.
MIND

Hot Stocks

07:05 EDT Mind Technology announces Seamap received order for approximately $5.1M - MIND Technology announced that its Seamap unit has received an order for a GunLink source controller amounting to approximately $5.1 million. Subsequent to July 31, 2024, the Company has received orders totaling approximately $7.9 million.
ORGN

Hot Stocks

07:04 EDT Origin Materials to reduce workforce by 28% - Origin Materials announced an organizational realignment that reflects the reallocation of resources to its caps and closures business and reduces overall cash burn to accelerate Origin's timeline to profitability. Origin expects the workforce changes to be largely completed by the end of this quarter. The company anticipates that it will incur approximately $0.6M in restructuring charges in connection with the roughly 28% workforce reduction, consisting of cash expenditures of approximately $0.5M and non-cash expenses of approximately $0.1M. Origin is maintaining its financial guidance for 2024 revenue and net cash burn, with revenue of $25 million to $35 million and net cash burn between $55M and $65M. In addition, Origin's first commercial-scale PET cap mass production system is on track to start producing PET caps later this year, with caps revenue ramp-up to begin in the first quarter of 2025.
OLO

Hot Stocks

07:04 EDT Olo to cut 9% of workforce, reiterated outlook - Olo on Friday morning announced a reduction of its workforce by approximately 9% "to better focus the Company's investments and to support the Company's long-term growth objectives." Olo intends to reinvest some savings from the reduction in force "into future growth initiatives and will continue to hire for roles critical to those initiatives." Olo estimates it will incur charges of approximately $2.2M to $2.6M in connection with the reduction of its workforce, which is expected to be incurred in Q3. Of the aggregate amount of charges that the company estimates it will incur in connection with the reduction of its workforce, it expects that approximately $0.2M to $0.3M related to employee benefits will be in future cash expenditures. As of September 20, Olo reiterated its Q3 and fiscal year 2024 guidance ranges for revenue and non-GAAP operating income are in line with the outlook provided by the company on July 31.
AKAM

Hot Stocks

07:04 EDT Akamai receives company-wide ISO 14001 attestation - Akamai Technologies announces that it has achieved a company-wide ISO 14001 attestation - demonstrating its adherence to the highest standards for its environmental management system aligned across the entire Akamai Connected Cloud.
HMDPF

Hot Stocks

07:04 EDT Hammond Power Solutions to acquire Micron Industries in deal valued at $16M - Hammond Power Solutions has entered into a definitive agreement to acquire the assets relating to the operations of Micron Industries Corporation, a company based in the United States. Micron Industries is a leading provider of control transformers and other electrical products and had approximately $23M of revenue in 2023. Its manufacturing facility and head office are based in Sterling, Illinois. The acquisition is structured as an asset purchase through HPS' U.S. subsidiary and is expected to close by mid-October, subject to customary closing conditions. HPS intends to continue to operate the Micron Industries assets and to continue to market the branded product offerings previously sold by Micron Industries. The deal is valued at approximately $16M.
QBTS

Hot Stocks

07:02 EDT D-Wave Quantum appoints Sophie Ames as chief human resources officer - D-Wave Quantum announced it is expanding its executive team with the appointment of Sophie Ames as chief human resources officer. At D-Wave, Ames will lead the global human capital innovation strategy essential to the company's next phase of growth and will focus on building strong connections between the company's performance, people and processes across the entire employee lifecycle engagement.
RIOT BITF

Hot Stocks

07:02 EDT Riot Platforms, Bitfarms enter settlement agreement - Bitfarms (BITF) and Riot Platforms (RIOT) announced that Bitfarms and Riot have entered into a settlement agreement in advance of the Special Meeting of Bitfarms Shareholders currently scheduled for November 6, 2024, which will now be held virtually. Under the terms of the Agreement: Andres Finkielsztain has stepped down from Bitfarms' Board of Directors. Bitfarms has appointed Amy Freedman to its Board and the Governance and Nominating Committee and Compensation Committee of the Board, effective immediately. Riot has agreed to withdraw its June 24, 2024 requisition, as amended, and to accept customary standstill provisions through the Bitfarms 2026 Annual Meeting, with certain exceptions. At the Special Meeting, shareholders will be asked to approve an expansion of the Board from five members to six members, to elect an independent director nominated by the Board to serve as the sixth member of the Board, and to ratify the Company's July 24, 2024, shareholder rights plan. Riot has agreed to vote in favour of these matters. The Company has provided Riot with certain rights to purchase shares of the Company provided Riot holds 15% or more of the outstanding common shares of the Company. As a result of the agreement to nominate an additional director for election at the Special Meeting, the Special Meeting may be delayed, but in no event will it be held later than November 20, 2024. The Company will update its shareholders on the timing of the Special Meeting as soon as it can.
GIB HOG

Hot Stocks

06:59 EDT CGI selected by Harley-Davidson to modernize loan origination system - CGI (GIB) announced its selection by Harley-Davidson (HOG) to modernize their loan origination system. By replacing disparate IT platforms with the unified CGI Credit Studio, Harley-Davidson will gain an AI-enabled financing process that introduces flexibility for their dealers and delivers a buying experience for motorcycle enthusiasts.
ABAT

Hot Stocks

06:58 EDT American Battery selected for $150M DOE grant - American Battery has been selected for a grant for $150M of federal investment by the U.S. Department of Energy to be applied towards the construction of a new lithium-ion battery recycling facility. This facility will be the company's second commercial-scale lithium-ion battery recycling facility and is designed to process approximately 100,000 tons of battery materials per year from its battery manufacturer, automotive OEM, and community partners.
WNC

Hot Stocks

06:58 EDT Wabash enters partnership with Kodiak for TaaS offering - Wabash announced that Kodiak Robotics has entered into a partnership with Wabash to utilize Wabash's Trailers as a Service offering. Wabash's TaaS will provide Kodiak a flexible solution with access to a growing fleet of safe, reliable trailers nationwide. Wabash's TaaS offering provides Kodiak with a holistic solution that supports the full life cycle of the trailer, from acquisition to maintenance and uptime management. Unlike traditional leasing, TaaS delivers fully maintained capacity with new or certified trailers, ensuring minimal downtime through Wabash's managed care services. With a subscription that includes maintenance, repair and managed care support, Kodiak can focus on developing the Kodiak Driver. Wabash's hyperfocus on offering the best-maintained trailers aligns with Kodiak's high maintenance standards, ensuring optimal performance and safety.
ACM

Hot Stocks

06:56 EDT Aecom to design upgrade, expansion of Walnut Creek wastewater treatment plant - AECOM announced its selection by the City of Austin as the prime consultant for the expansion of the Walnut Creek Wastewater Treatment Plant in Austin, Texas. The project aims to improve the aging structure's operational and environmental features by increasing the plant's capacity from 75 million gallons per day to 100 MGD. As the population of Austin grows, the upgrades will bolster the resiliency of the community's wastewater infrastructure while safeguarding its surrounding ecosystem.
TPX

Hot Stocks

06:56 EDT Tempur Sealy provides update on proposed Mattress Firm acquisition - Tempur Sealy provided an update with respect to the company's agreement to acquire Mattress Firm, which is currently being challenged in federal court by the Federal Trade Commission, or FTC. The litigation process continues to progress, with hearings currently scheduled to begin on November 12 and expected to last two weeks. The company continues to believe that a successful litigation process can be completed in the coming months, which would allow the transaction to close in late 2024 or early 2025, consistent with previous expectations. In conjunction with the planned Mattress Firm acquisition, Tempur Sealy has entered into a purchase agreement with MW SO Holdings, an independently owned bedding specialty retailer, for the sale of 73 Mattress Firm retail locations and the company's Sleep Outfitters subsidiary, which includes 103 specialty mattress retail locations and seven distribution centers. Tempur Sealy will continue to supply its Tempur-Pedic, Stearns & Foster, and Sealy products to the divested Mattress Firm and Sleep Outfitters stores. The divestiture is subject to the closing of Tempur Sealy's acquisition of Mattress Firm and other customary closing conditions. It is expected to close approximately one quarter after the closing of the Mattress Firm transaction. Upon the closing of the Mattress Firm transaction and this divestiture, Tempur Sealy expects to operate over 2,800 retail locations worldwide and anticipates that half of its North American sales will come from the Mattress Firm operations. The company continues to expect to realize annual run-rate synergies of $100M by the end of year four after closing the Mattress Firm transaction.
KRKNF

Hot Stocks

06:56 EDT Kraken Robotics receives $3M in orders for synthetic aperture systems - Kraken Robotics has received several orders totaling approximately $3 million for Miniature Synthetic Aperture Sonar systems from three separate customers. The Man-Portable SAS and MINSAS 120 systems have been ordered for integration on uncrewed underwater vehicles for international naval customers. Kraken also announces that it has renewed its capital markets advisory agreement with Sophic Capital to provide investor relations services to the Company. Pursuant to the terms of the Agreement, Sophic Capital will assist the Company in the preparation of an investor communications plan, investor materials, news releases, roadshows and conference calls. The Sophic Capital Agreement is for a term of 12 months, commencing on February 24, 2024. In consideration for Sophic Capital's services, the Company will pay Sophic Capital $7,000 per month and will reimburse Sophic Capital for expenses approved by the Company in advance in writing.
AZMTF

Hot Stocks

06:54 EDT Azimut Exploration, KGHM announce high-grade nickel discovery on Kukamas - Azimut Exploration announced the discovery of a high-grade nickel zone on the Kukamas Property in the Eeyou Istchee James Bay region of Quebec. The prospecting discovery, which includes significant copper and platinum group element grades, is still at an early stage but provides an exciting outlook for the project. Additional work is ongoing to further delineate the zone, including a magnetic and electromagnetic ground survey. Budgeting and planning are underway to initiate a maiden drilling program. The Perseus Zone is associated with an ultramafic volcanic unit and its features indicate a highly fertile system, underscoring the Property's excellent prospectivity. Best grades reach up to 9.35% Ni, 3.04% Cu, 3.78 g/t Pt and 8.99 g/t Pd from different sawed samples. Perseus is spatially linked to a north-trending string of strong EM conductors, 2 kilometres long, which correlates well with a strong nickel-copper-cobalt footprint in lake sediments. Another nickel showing discovered in 2023 on the Property is also associated with a 1-kilometre-long strong EM conductor. Other significant ultramafic bodies remain underexplored on the 41-kilometre-long Property. Since signing a joint venture option agreement with KGHM International, Azimut has carried out significant exploration activities on Kukamas and is the operator of the partner-funded program. The summer work program to date comprised a prospecting phase and an infill lake sediment sampling survey. Most results are still pending and will be disclosed once they become available. HIGHLIGHTS: High-grade mineralization defines a curvilinear steeply dipping, north- to southwest-trending outcropping zone, measuring approximately 56 metres long by up to 9 metres wide. Perseus appears open along strike and to the east. Thick overburden surrounding the mineralized zone limited the extent of the sampling coverage. The rock samples collected from the discovery outcrop comprise twenty-four 1-metre-long channel samples from two channels, each 12 metres long, and twenty grab samples cut with a saw. Channels were cut perpendicularly to the orientation of the mineralized zone. Note that grab samples are selective by nature and unlikely to represent average grades. Channel #1: Oriented N90o; total horizontal length of 12.0 metres, including two offset samples taken 4.9 m south of the main channel due to a local outcrop discontinuity along the main channel. 2.98% Ni, 0.32% Cu, 2.25 g/t PGE over 8.0 m including 3.74% Ni, 0.41% Cu and 2.82 g/t PGE over 6.0m. Channel #2: Oriented N150o; total horizontal length of 12.0 m. 1.10% Ni, 0.15% Cu, 1.02 g/t PGE over 9.0 m, including 1.42% Ni, 0.19% Cu, and 1.36 g/t PGE over 6.0 m.
KVUE

Hot Stocks

06:51 EDT Kenvue releases first TCFD report - Kenvue is advancing progress toward the climate change goals outlined in its Healthy Lives Mission environmental, social and governance strategy, including releasing its first Task Force on Climate-related Financial Disclosures report. Healthy Lives Mission was developed with the understanding that human health is inseparably linked to environmental health. Consumers also see this connection, with three out of four adults globally seeing a link between human health and climate change according to an online survey commissioned by Kenvue earlier this year. The same survey revealed that 86% of people expect health-related consequences of climate change to worsen over the next 5 to 10 years. Kenvue's climate change goals and commitments are part of the Healthy Planet pillar of its Healthy Lives Mission strategy and focus on advancing sustainability across the Company's operations - from product and packaging design to material sourcing, manufacturing and transportation. Highlights on progress as reported in the Healthy Lives Mission 2023 Report include: Investments in energy efficiency and decarbonization projects have resulted in Scope 1 and 2 GHG1, 2, 3 reductions of 26% since 2020. 21% of the Company's suppliers, by emissions covering purchased goods and services and upstream transportation and distribution, have science-based targets. Use of renewable electricity has increased to 65% of its electricity usage through 18 onsite solar-powered electricity systems, offsite renewable electricity procurement contracts and the addition of onsite solar installations. Using circular economy design principles, Kenvue increased its use of recyclable or refillable packaging to 71% of its portfolio and reduced the volume of virgin plastic in packaging by 21%. Since the beginning of 2024, Kenvue has completed new onsite solar installations at its Sezanne, France, and Madra, Greece manufacturing sites, which will provide 1.75MW and 0.186MW of renewable energy, respectively. The Company also expects to complete additional onsite solar installations at its Cape Town, South Africa, Minhang, China and Jakarta, Indonesia manufacturing sites this year, further advancing progress toward its goal of 100% of its electricity usage for its operations1 being renewable4 by 203010, 11. To address Scope 3 indirect upstream GHG emissions, Kenvue launched a Supplier Climate Action Program in July to engage purchased goods and services and upstream transportation and distribution suppliers. Through this program, the Company will help these suppliers set science-based targets of their own and work to decarbonize their operations. Kenvue has also joined the Energize program, which is designed to help suppliers learn about renewable electricity and provide sourcing opportunities, either as sole sourced or with other suppliers.
KOS

Hot Stocks

06:49 EDT Kosmos announces early results of cash tender offers - Kosmos Energy announced the early tender results of its previously announced series of tender offers to purchase for cash up to $400,000,000 aggregate principal amount of the Offeror's outstanding 7.125% Senior Notes due 2026 and up to $100,000,000 aggregate principal amount of the Offeror's outstanding 7.750% Senior Notes due 2027 and its 7.500% Senior Notes due 2028 subject, in the case of the 2027 Notes, to an additional sub-cap of $50,000,000 aggregate principal amount. The Tender Offers are being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated September 9, 2024 which is available on the transaction website: https://projects.sodali.com/kosmos, subject to eligibility confirmation and registration. The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers. As of 5:00 p.m., New York City time, on September 20, 2024, according to information provided to Sodali & Co., the tender and information agent for the Tender Offers, the aggregate principal amount of each series of Notes listed in the table below has been validly tendered and not validly withdrawn in each Tender Offer. Withdrawal rights for the Notes expired at 5:00 p.m., New York City time, on the Early Tender Time.
OMI

Hot Stocks

06:48 EDT Owens & Minor appoints Jonathan Leon as CFO - Owens & Minor announced Jonathan Leon has been named Executive Vice President, CFO, effective immediately. Leon will maintain his corporate treasurer responsibilities while a search for his successor is underway. Mr. Leon has been with the Company since 2017, most recently serving as Interim CFO and Corporate Treasurer since June 2024. He will report directly to Mr. Edward Pesicka, President and CEO of Owens & Minor. Previously, he served as Senior Vice President and Corporate Treasurer at the Company, leading its financial operations since 2017. He was also involved in the Company's investor relations, corporate finance, mergers and acquisitions, and corporate development efforts.
MRRDF

Hot Stocks

06:46 EDT Meridian Mining UK reports assay results at Santa Helena - Meridian Mining UK. announced several of the results to date from its Santa Helena Au-Cu-Ag & Zn VMS deposit, part of the greater Au-Cu Cabacal Project, in the state of Mato Grosso, Brazil. High-grade highlights include CD-574, returning 15.9m @ 3.9g/t AuEq / 2.6% CuEq from 58.2m and CD-556: 22.4m @ 3.2g/t AuEq / 2.2% CuEq from 9.2m, amongst many strong near-surface intersections. These results both extend and infill Santa Helena's high-grade continuous mineralization and will be included in the pending resource estimate in Q4 2024. Meridian is also reporting that the results of multiple geophysical programs have been combined to map Santa Helena's massive sulphides and to identify potential targets for blind extensions to its main mineralized trend. Further assays are pending. Meridian's Santa Helena drill program reports continued high-grade Au-Cu-Ag & Zn mineralization; Meridian intercepts more shallow high-grade Au-Cu-Ag & Zn mineralization at Santa Helena; CD-574: 15.9m @ 3.9g/t AuEq / 2.6% CuEq from 58.2m; Including: 5.5m @ 9.0g/t AuEq / 6.0% CuEq from 60.1m; CD-556: 22.4m @ 3.2g/t AuEq / 2.2% CuEq from 9.2m; Including: 5.5m @ 7.8g/t AuEq / 5.2% CuEq from 21.3m ; CD-512: 7.7m @ 4.9g/t AuEq / 3.3% CuEq from 61.1m; Including: 4.0m @ 8.9g/t AuEq / 6.0% CuEq from 61.6m; CD-549: 11.3m @ 3.1g/t AuEq / 2.1% CuEq from 43.4m; Including: 5.4m @ 5.7g/t AuEq / 3.8% CuEq from 43.4m; CD-548: 3.5m @ 10.0g/t AuEq / 6.7% CuEq from 47.6m; CD-568: 4.8m @ 7.6g/t AuEq / 5.1% CuEq from 48.0m; Santa Helena's geophysical program has outlined near-mine open upside to test; and Open targets to test for potential massive sulphide extensions defined by Mise-a-la-Masse, new BHEM tool, and surface surveys.
LZM...

Hot Stocks

06:44 EDT Lifezone Metals initiates project financing process for Kabanga Nickel Project - Lifezone Metals (LZM) announced that Lifezone, in partnership with BHP (BHP), has formally commenced the project financing process for the Kabanga Nickel Project in Tanzania. In conjunction, Lifezone has received a Letter of Interest from the U.S. International Development Finance Corporation that expressed DFC's interest in considering the Project for loans as part of the Project's financing package. The DFC loan application would initiate a comprehensive review process; this follows Lifezone's August 27, 2024 announcement that DFC would be evaluating political risk insurance coverage for future investments in Kabanga. Kabanga is one of the world's largest and highest-grade undeveloped nickel sulfide deposits. By utilizing Lifezone's Hydromet technology, the project is expected to significantly reduce emissions compared to traditional smelting methods. Kabanga is supported by the Partnership of Global Infrastructure and Investment, which is a values-driven, high-impact, and transparent infrastructure partnership that was created to meet the enormous infrastructure needs of low- and middle-income countries and to support the United States' and its allies' economic and national security interests. Kabanga is also recognized as a project within the Minerals Security Partnership, a collaboration of 14 countries and the EU to catalyze public and private investment in responsible critical minerals supply chains globally. Societe Generale (SCGLY) has been appointed as the lead financial advisor to Kabanga Nickel Limited, a subsidiary of Lifezone that is managed by Lifezone and in which BHP has a 17% interest.
SGN

Hot Stocks

06:42 EDT Signing Day Sports identifies synergies from Swifty acquisition - Signing Day Sports provided an update regarding its financial position and its plans to acquire Dear Cashmere Group Holding Company, doing business as Swifty Global, highlighting the strategic and financial synergies that are expected to drive accelerated growth and operational efficiency for both companies. As of September 23, 2024, the outstanding convertible senior secured promissory notes of the Company, with an original balance of more than $0.6 million, had been fully extinguished, primarily from conversion into shares of common stock. The improved financial position strengthens the Company's prospects for growth and future capital raising. As previously announced, Signing Day Sports entered into a binding term sheet to acquire 95-99% of the issued and outstanding shares of Swifty, a global online sports and casino technologies company. Swifty is debt-free with a proven track record of growth, revenue generation and profitability. The acquisition is expected to significantly enhance Signing Day Sports' revenue generation, technical capabilities and profitability from the expansion of both companies. Strong Financial Performance: Swifty achieved revenues of over $128 million and a net profit of approximately $2.44 million for the fiscal year ended December 31, 2023, despite significant investments of nearly $3.1 million in software development and licensing. Global Expansion: Swifty is expanding internationally. Swifty recently acquired licenses to offer a full integrated suite of products in Ireland and South Africa, which are expected to have significant online sports and casino markets with limited competition. Fast Development of Revenue Generating Technology: Swifty plans to offer data feed services for the online sports gambling industry in the near future. Swifty has determined that data feed services are expensive and limited in choice, which creates an opportunity for Swifty, and that many sports, like boxing, have limited or no live data feed available to allow real-time betting. The Signing Day Sports team has significant experience working with critical sports datapoints and creating sports measurement technologies, which could assist Swifty in developing this revenue stream. The integration of Swifty is expected to bring several operational advantages and new revenue opportunities for Signing Day Sports: Cost Efficiency: Swifty's in-house engineering team is expected to reduce Signing Day Sports' operating costs by over 50%, enabling the company to reinvest those savings into growth initiatives. It is also expected to increase the speed at which Signing Day Sports can roll out new products and technological enhancements to its current offering and optimize monetization of the product and user base. Revenue Growth in SaaS: At their core, both Signing Day Sports and Swifty are SaaS model businesses. Swifty's scalability, technological resources, and technology initiatives are expected to bolster the growth of Signing Day Sports' app user base, enhance user retention and provide additional opportunities to monetize renewing subscribers with additional revenue streams. New Revenue Streams: Swifty is expected to further expand Signing Day Sports' current product offering while also broadening the Company's exposure to new sports and athletes outside the U.S. Signing Day Sports has accumulated more than 10,000 registered users, which it plans to increase at an accelerated rate in the fourth quarter of 2024 and 2025. The Company's focus is to develop new strategic revenue streams, and improve revenue metrics per user, with the same aim of fully monetizing this growing user base. New Market Exposure: Since its beginning as a football student-athlete recruitment platform provider, Signing Day Sports has expanded its platform to support baseball, softball, and men's and women's soccer. Swifty is expected to bring exposure to new markets in Europe, Africa and the Middle East, as well as exposure to emerging sports without established recruitment models. The Company anticipates that early adopters in these emerging sports markets are a significant market and plans to broaden its platform to capitalize on these prospective revenue streams. Enhanced User Engagement: Swifty's team is expected to introduce exciting new features to Signing Day Sports, including gamification elements such as live scoreboards, top competitor leaderboards, fantasy leagues and real-time performance tracking, which are designed to boost engagement, organic user acquisition and user retention.
IREN

Hot Stocks

06:40 EDT IREN achieves 20 EH/s milestone ahead of schedule - "We are pleased to announce that we've reached our 20 EH/s milestone ahead of schedule. This achievement reflects the hard work of our global team. Thank you for your dedication and efforts in making this happen," said Daniel Roberts, Co-Founder and Co-CEO of IREN. "We look forward to continuing this momentum as we expand to over 30 EH/s in the next three months." Through optimization of its existing data center infrastructure, IREN now expects to increase its installed capacity to 21 EH/s in the coming days.
XOMA ZVRA

Hot Stocks

06:39 EDT Xoma notes FDA approval of Zevra's MIPLYFFA in patients with NPC - XOMA Royalty Corporation (XOMA) announced Zevra Therapeutics (ZVRA) has received approval from the U.S. Food and Drug Administration for MIPLYFFA. MIPLYFFA is approved for use in combination with miglustat for the treatment of neurological manifestations of Niemann-Pick disease type C in adult and pediatric patients two years of age and older. It is the sixth commercial asset in XOMA Royalty's growing royalty and milestone portfolio. In June 2023, XOMA Royalty announced it had paid LadRx a $5 million upfront payment plus a share of future event-based milestones to acquire a mid-single digit royalty on arimoclomol's commercial sales and up to $52.6 million, net, in potential milestone payments from Zevra.
TT

Hot Stocks

06:36 EDT Trane moves to reduce embodied carbon by 40% by 2030 - Trane Technologies announced a commitment to reduce embodied carbon by 40% by 2030. Trane Technologies will focus its efforts on partnering with suppliers of materials used in buildings and building equipment including steel, aluminum, copper and refrigerants, while continuing to incorporate circular design criteria into its product development projects. Buildings are currently responsible for 40% of global energy related carbon emissions. A critical step in lowering the overall carbon footprint of buildings is to reduce their amount of embodied carbon, which is the total amount of greenhouse gas emissions associated with a product's lifecycle, including the extraction of raw materials, manufacturing, transportation and recycling of materials and products. The new embodied carbon commitment aligns with guidance from global non-profit building sector organizations. It builds on the company's 2030 Sustainability Commitments, with a baseline year of 2019, including the Gigaton Challenge, a pledge to reduce customer greenhouse gas emissions by 1 billion metric tons - the largest science-based climate commitment of any global company related to product emission reductions within a single decade. The company has also pledged to be net-zero by 2050, and its near and long-term emissions reduction targets have been externally validated by the Science Based Targets Initiative.
MTDR

Hot Stocks

06:35 EDT Matador prices private offering of $750M of senior notes due 2033 - Matador Resources Company previously announced Friday, September 20 that it priced a private offering of $750 million of 6.250% senior unsecured notes due 2033 at a price of 100% of their face value. The offering is expected to close on September 25, 2024, subject to customary closing conditions. Matador intends to use the net proceeds from the offering to repay borrowings outstanding under Matador's credit facility, including all of the $250 million in outstanding borrowings under Matador's term loan, making the offering debt neutral.
NFGC

Hot Stocks

06:34 EDT New Found Gold announces results of channel samples from Keats Trench - New Found Gold announced the results of the first phase of channel samples from the Keats Trench and an update on the Iceberg Trench at the Queensway Project located on the Trans-Canada Highway 15km west of Gander, Newfoundland. Today's highlight channel intervals include 300 g/t Au over 5.10m, 215 g/t Au over 5.21m, 38.9 g/t Au over 16.60m, 13.4 g/t Au over 26.60m, 10.4 g/t Au over 13.70m, and 27.7 g/t Au over 6.55m, confirming good continuity of high-grade mineralization while comparing well with neighbouring drill holes and demonstrating the broad distribution of gold mineralization in this portion of the Keats Zone. Prior to trenching and channel sampling, the Keats Zone was fully obscured by overburden and defined entirely by diamond drilling. Exposing the bedrock surface and sampling it at this resolution represents an important step to fully understand the extent, distribution and variability of gold mineralization across this portion of the Keats Zone and provides insights that might apply to other areas of Keats that are not currently exposed or able to be assessed in this way. This new exposure has also enabled validation of the 3D geologic model, which controls, constrains, and dictates the geometries of gold mineralization at Queensway. The Keats Zone is hosted within the Keats-Baseline Fault Zone, a high-grade gold bearing structure that has been defined over a current strike length of 1.9km averaging 50m wide. It is characterized by a damage zone containing gold-bearing quartz veins that form a network with varying orientations. The trenched surface gives a complete 2D picture, providing additional understanding of the gold system in the following ways: Exposed an approximately 50m by 50m surface expression of the key southwest plunging high-grade corridor within the KBFZ that has been drill defined over a length of over 500m. Detailed mapping has provided an increased understanding of its controls, which will be beneficial for future exploration targeting. Uncovered veins that were not well constrained by the drilling because of their oblique orientation in relation to the main drill orientation. Revealed additional peripheral low-grade gold mineralization currently not well represented in drilling and the existing model. This improved understanding along with the channel gold results are currently being incorporated into the Company's 3D geological model which will extend the gold mineralization to the bedrock surface. The Phase I channel sampling program was completed over a stripped bedrock surface that is 200m long by 70m wide with a 27-line sampling grid spaced 7.5m apart, covering a total length of 1,782m that includes 2,200 individual samples. A Phase II channel sampling program is ongoing at Keats that is designed to increase the sample density along very high-grade veins to provide more certainty about grade variability of these domains. In addition, the Phase II program aims to better assess vein domains oblique to the systematic grid that were not adequately represented in the Phase I program. Iceberg Trench Update: A surface trench at the Iceberg Zone was announced on July 3, 2024, with a plan to excavate between 1-12 metres of overburden that covers the projection of the Iceberg Zone at the bedrock surface, exposing 220m of strike length over a 105m wide area. The Company is now 80% complete with excavation and plans to undertake a detailed analysis of the geological and structural models currently defined through drilling, as well as a detailed channel sampling program.
EBF

Hot Stocks

06:33 EDT Ennis board declares one-time special dividend of $2.50 per share - On September 20, 2024 the Board of Directors declared a quarterly cash dividend of 25.0 cents per share on the Company's common stock. The Board of Directors also approved a one-time special dividend of $2.50 per share. The ordinary dividend and special dividend are both payable on November 8, 2024 to shareholders of record on October 11, 2024.
AZN

Hot Stocks

06:16 EDT AstraZeneca says Fasenra recommended for approval in EU by CHMP - AstraZeneca's Fasenra has been recommended for approval in the European Union as an add-on treatment for adult patients with relapsing or refractory eosinophilic granulomatosis with polyangiitis. EGPA is a rare, immune-mediated vasculitis that can result in damage to multiple organs, and without treatment, can be fatal. The Committee for Medicinal Products for Human Use of the European Medicines Agency based its positive opinion on results from the MANDARA Phase III trial published in The New England Journal of Medicine,3 which compared the efficacy and safety of Fasenra to the only approved EGPA treatment, mepolizumab, in patients with relapsing or refractory EGPA.3-5 MANDARA was the first head-to-head non-inferiority trial of biologics in patients with EGPA. Patients were randomised to receive either a single 30 mg subcutaneous injection of Fasenra, or three separate 100 mg subcutaneous injections of mepolizumab every four weeks. In the trial, nearly 60% of Fasenra-treated patients achieved remission which was comparable to mepolizumab-treated patients. Data also showed 41% of Fasenra-treated patients fully tapered off oral corticosteroids. The safety and tolerability profile for Fasenra in the MANDARA trial was consistent with the known profile of the medicine.
LBTSF

Hot Stocks

06:16 EDT Almirall to present new data on biologices for psoriasis, atopic dermatitis - Almirall announced its participation in the 33rd Congress of the European Academy of Dermatology and Venereology, taking place in Amsterdam from September 25 to 28, 2024. This year, Almirall marks its 80th anniversary, celebrating eight decades of innovation and commitment to delivering products positively impacting people's health and lives. At the congress, Almirall will present 34 abstracts detailing the latest research on lebrikizumab for moderate-to-severe atopic dermatitis in adolescents and adults, tildrakizumab and Almirall's CAL/BDP cream for moderate-to-severe plaque psoriasis in adults, as well as tirbanibulin for actinic keratosis. The company will also host two symposia, providing a platform for experts to discuss current data, share insights, and facilitate discussions about the treatment of these chronic conditions with advanced biologics. Impact of the treatment of psoriasis on patient wellbeing: new data from the POSITIVE study: Almirall will unveil new interim data on the treatment of adults with moderate-to-severe plaque psoriasis with tidrakizumab at 52 weeks from the POSITIVE clinical study. The POSITIVE study is the first clinical trial in dermatology to use the WHO-5 Wellbeing Index as a primary endpoint. The 5-item World Health Organization Wellbeing Index is a validated questionnaire that assesses health-related subjective psychological wellbeing in a variety of chronic diseases. The different sub-analyses presented during the congress reinforce the effectiveness of tildrakizumab on signs and symptoms in skin and beyond. Almirall will host the symposium "Advancing Psoriasis Management for Long-Term Patient Outcomes", featuring experts such as Prof. Dr. Diamant Thaci from the University of Lubeck, Prof. Dr. Ulrich Mrowietz from the University Medical Center Schleswig-Holstein, and Prof. Anna Lopez Ferrer from the Hospital de la Santa Creu i Sant Pau in Barcelona. The discussion will emphasize on the importance of tailoring treatments to individual patients, the latest real-world evidence, and practical strategies for clinical success managing psoriasis, with opportunities for interactive discussion with leading experts. Advancing atopic dermatitis disease management: Almirall will also present new data on lebrikizumab, a biologic approved for the treatment of moderate-to-severe atopic dermatitis. The late-breaking presentation will report lebrikizumab's data over three years of continuous treatment, alongside new data on the rates of absolute endpoints and its effectiveness in patients inadequately controlled or ineligible for cyclosporine. The Almirall symposium entitled "Precision in AD: How Lebrikizumab is Changing the Treatment Paradigm" will feature the experts Marjolein Bruin-Weller, from the National Expertise Center for Atopic Dermatitis at the Department of Dermatology and Allergology of the University Medical Center Utrecht; Andrew Blauvelt from Portland, US, and Sascha Gerdes from the Center for Inflammatory Skin Diseases of the University Medical Center Schleswig-Holstein Campus Kiel. Discussions will focus on the clinical impact of lebrikizumab and offer a chance for participants to engage with leading specialists in this field.
IDYA

Hot Stocks

06:15 EDT Ideaya Biosciences announces interim darovasertib trial data - Ideaya Biosciences announced interim Phase 2 clinical trial data for darovasertib in neoadjuvant uveal melanoma, or UM, and an FDA Type C meeting on registrational trial design for regulatory approval in neoadjuvant UM. The company observed further evidence of encouraging clinical activity from an ongoing company-sponsored Phase 2 trial evaluating darovasertib in neoadjuvant uveal melanoma. The data cut-off date is August 15, with an enrollment cut-off of May 13, for the Phase 2 company-sponsored trial. Collectively, these clinical efficacy data from the Phase 2 company-sponsored and IST further substantiate clinical proof of concept for the use of darovasertib in the neoadjuvant uveal melanoma setting. Clinical data update highlights include: 31 enucleation and 18 plaque brachytherapy evaluable UM patients treated with darovasertib neoadjuvant therapy in Phase 2 company-sponsored and IST trials; 59% of patients with greater than 20% ocular tumor shrinkage by product of diameters; 49% of patients with greater than30% ocular tumor shrinkage by product of diameters; 61% eye preservation rate observed. Evidence of visual preservation observed by reducing the amount of radiation associated with plaque brachytherapy. Manageable AE profile observed from Phase 2 company-sponsored trial, including 11% grade 3 or higher AEs, and 5% serious AE rate. The discontinuation rate observed was 3%. The most common AEs observed included diarrhea, nausea, vomiting and fatigue. Ideaya's ocular oncology advisory board recommended product of diameters for tumor measurement to determine overall response rate criteria in ocular melanoma. In Ideaya's ongoing Phase 2 clinical study with darovasertib, a greater than 20% ocular tumor shrinkage by product of diameters correlates to clinical benefit, including eye sparing for enucleation UM patients and visual preservation for plaque brachytherapy UM patients. Ideaya is targeting to initiate a potential registration-enabling Phase 3 randomized clinical trial in neoadjuvant UM patients following finalization of the clinical protocol with the FDA. The randomized Phase 3 clinical trial design incorporates guidance and feedback from the U.S. FDA following a recent Type C meeting.
AZN DSNKY

Hot Stocks

06:14 EDT AstraZeneca: Datopotamab deruxtecan didn't achieve statistical significance - AstraZeneca said that high-level results from the TROPION-Breast01 Phase III trial of datopotamab deruxtecan compared to investigator's choice of chemotherapy, which previously met the dual primary endpoint of progression-free survival, did not achieve statistical significance in the final overall survival analysis in patients with inoperable or metastatic hormone receptor -positive, HER2-low or negative breast cancer previously treated with endocrine-based therapy and at least one systemic therapy. This analysis follows the positive PFS results presented at the 2023 European Society for Medical Oncology Congress which showed datopotamab deruxtecan demonstrated a statistically significant and clinically meaningful improvement in PFS. An improvement in patient-reported outcomes was also seen. The PFS data and additional results for key secondary endpoints were published this month in the Journal of Clinical Oncology. Susan Galbraith, Executive Vice President, Oncology R&D, AstraZeneca, said: "The metastatic HR-positive breast cancer treatment landscape has advanced remarkably in the last several years to the benefit of patients. Based on the TROPION-Breast01 results, there is evidence of the clinical value of datopotamab deruxtecan in this setting. We will continue discussions with regulatory authorities and apply insights from these results to our clinical development programme for datopotamab deruxtecan in breast cancer."
BC

Hot Stocks

06:08 EDT Brunswick wraps up 2024 Cannes Yachting Festival - Brunswick Corporation wrapped up another Cannes Yachting Festival market share, new product introductions, and another significant accolade for Brunswick Boat Group. The event featured displays from Sea Ray, Boston Whaler, Navan, Navico Group products, Mercury Marine, and Flite, showcasing the Company's global customer appeal and collaboration among Brunswick's divisions. Some of the highlights from the show included:Mercury Marine exhibited more outboard engines than any other manufacturer, capturing over 60% share on boats up to 12 meters and nearly 70% of all outboard engines on display on the water. Additionally, at Port Vieux, where boats exceed 12 meters, Mercury outboards accounted for almost 90% of the outboard engines on display. 2024 is the fourth consecutive year that Mercury has had leading market share at Cannes, driven by high demand from European boat builders and consumers for its high horsepower propulsion systems. During a media event on the first day of the show, Mercury Racing introduced the new 3.4L 150R and 200R outboard engines, built on a V6 platform. Mercury also unveiled a 105hp outboard jet and announced that the 150hp FourStroke is now available in Cold Fusion and Warm Fusion White, in addition to Phantom Black, responding to demand from saltwater boaters. Navico Group products were present on around 70% of all boats at the show while many of Navico's customers announced new models in Cannes with Navico products installed, including Simrad's NXT Ultrawide and products from Navico Group's Mastervolt, Pro Mariner, Lenco, B&G, Marinco, and CZone Mobile brands. One large OEM customer also announced its entry into digital boating solutions with Navico and C-Zone Mobile as its partner. The application offers various features designed to enhance the ownership experience and for boats equipped with the Connect hub. Brunswick Boat Group maintained a strong presence in Cannes with exhibits from Boston Whaler, Sea Ray, and Navan. Sea Ray garnered significant interest, achieving numerous sales in France and earning the "Motorboat of the Year" award for the Sea Ray SPX190 Outboard from French magazine Moteur Bateaux.
UEC RIO

Hot Stocks

06:07 EDT Uranium Energy to acquire Wyoming assets from Rio Tinto for $175M - Uranium Energy Corp. (UEC) announced that it has entered into an agreement with Rio Tinto (RIO) to acquire 100% of Rio Tinto's Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million pounds of historic resources. The purchase price payable at closing is $175M, subject to customary working capital adjustments, and will be funded with UEC's available liquidity. In addition, the transaction provides UEC critical scale in the Great Divide Basin, with opportunities to realize synergies from shared infrastructure and project personnel expertise. Addition of approximately 175M pounds of uranium resources, at an in-situ valuation multiple well below UEC's current trading levels. Approximately half of these resources appear amenable to ISR mining methods and half to conventional mining. ISR amenable resources will be prioritized for development and near-term production, with conventional resources providing substantial optionality for further production growth. The transaction adds more than 53,000 acres of land for future exploration along with an extensive geological database gathered from over 6.1M feet of drilling facilitating historical resource conversion and more effective exploration. Combined with UEC's existing 54,615 acres of mining rights in the Great Divide Basin, this will establish a portfolio of approximately 108,000 acres of mining and exploration prospects.
FTS CUPUF

Hot Stocks

06:06 EDT Fortis provides standby commitment to Caribbean Utilities - Fortis (FTS) announced that its wholly owned subsidiary Fortis Energy Caribbean has agreed to provide a standby commitment for a rights offering by Caribbean Utilities Company (CUPUF). Pursuant to the Rights Offering, CUC will issue up to an aggregate of 3,822,298 or 10% of its currently issued and outstanding Class A Ordinary Shares. FECI will exercise the rights issued to it in the Rights Offering and will acquire a minimum of 2,220,422 CUC Shares at a price of US$13.41 per CUC Share for aggregate consideration of US$29,775,859.02. Subject to certain customary terms and conditions, FECI may acquire up to 1,601,876 additional CUC Shares at the same price pursuant to the Standby Commitment. If there are no other subscribers in the Rights Offering, FECI will acquire a total of 3,822,298 CUC Shares through the Rights Offering and Standby Commitment for aggregate consideration of US$51,257,016.18. Based on the average daily rate of exchange quoted by the Bank of Canada on September 19, 2024, the consideration in Canadian dollars is C$18.19 per CUC Share or aggregate consideration of C$69,527,600.62 should there be no other subscribers in the Rights Offering. Prior to the Rights Offering, Fortis indirectly owned 22,204,229 CUC Shares representing approximately 58% of the CUC Shares. On closing of the Rights Offering, which is expected to occur on or about November 4, 2024, Fortis will beneficially own approximately 58% of the CUC Shares if the Rights Offering is fully subscribed or approximately 62% of the CUC Shares if there are no other subscribers in the Rights Offering. The purpose of the Rights Offering is to provide CUC with capital to be used to finance alternative energy projects, ongoing additions and upgrades to its generation, transmission and distribution systems and for general corporate purposes.
STSS

Hot Stocks

06:04 EDT Sharps Technology announces $3.5M bridge financing - Sharps Technology has entered into definitive agreements with institutional investors for a secured bridge loan financing of approximately $3.5 million. The Bridge Financing consisted of the sale of approximately $3.5 million in securities, with purchasers agreeing to buy, for each $1,000 invested, $1,250 in aggregate principal amount of secured notes and 1,628.57 shares of common stock or pre-funded warrants in lieu of shares of Common Stock, for an aggregate of $4,375,000 in principal amount of the Notes and 5,700,006 shares of Common Stock. The Pre-Funded Warrants will be immediately exercisable, at a price of $0.0001, subject to registration and may be exercised at any time until exercised in full. For each Pre-Funded Warrant sold in the offering, the number of shares of Common Stock in the offering will be decreased on a one-for-one basis. Aggregate gross proceeds to the Company are expected to be approximately $3.5 million, before deducting fees and expenses. The transaction is expected to close on or about September 23, 2024, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. is acting as Exclusive Placement Agent for the private placement. Sichenzia Ross Ference Carmel LLP is acting as U.S. counsel to the Company. Kaufman & Canoles, P.C. is acting as counsel to Aegis Capital Corp.
PARA

Hot Stocks

06:03 EDT Paramount Consumer Products, Andy & Evan partner for apparel collection - Andy & Evan announced a partnership with Paramount Consumer Products to unveil a collaboration featuring Nickelodeon's beloved character, SpongeBob SquarePants. The exclusive SpongeBob SquarePants x Andy & Evan collection is set to launch on September 26th, 2024, celebrating the series' 25th anniversary year. The collection will cater to boys and girls, available in sizes ranging from infant to 14, and will include a variety of clothing and accessories such as outerwear, tees, hoodies, dresses, and collectible bombers. Starting September 26, 2024, customers can shop the SpongeBob SquarePants x Andy & Evan collection on Andy & Evan's e-commerce platform and at select prestigious retailers, including Nordstrom, Bloomingdales, and Maisonette.com, and other fine boutiques and specialty stores.
BNPQY HSBC

Hot Stocks

06:02 EDT BNP Paribas to buy HSBC's German private banking arm - BNP Paribas (BNPQY) announced that it has signed an agreement with HSBC (HSBC) for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management among the top players in Germany and bringing its AuM1 to more than EUR 40B. "This acquisition is a new crucial step in positioning BNP Paribas Wealth Management among the leading players in Germany, where we believe our model is best suited to serve the long-term needs of entrepreneurial clients, leveraging on the strong franchises of the Group to both address their personal and corporate needs. It will therefore contribute to consolidate our position as the first Wealth Management player in the Eurozone," comments Vincent Lecomte, CEO of BNP Paribas Wealth Management. The closing of this transaction is expected during the second semester of 2025, once regulatory approvals have been obtained. Reference Link
IPHA

Hot Stocks

05:25 EDT Innate Pharma announces FDA clearance of IPH4502 IND - Innate Pharma announced that the FDA has cleared its investigational new drug, or IND, application to initiate a Phase 1 clinical study of IPH4502, its novel and differentiated topoisomerase I inhibitor antibody drug conjugate, or ADC, targeting Nectin-4 in solid tumors. Innate expects to initiate the Phase 1 study in the coming months. The Phase 1, open-label, multi-center study, includes a Part 1 Dose Escalation and a Part 2 Dose Optimization, and will assess the safety, tolerability, and preliminary efficacy of IPH4502 as a single agent in advanced solid tumors known to express Nectin-4, including but not limited to urothelial carcinoma, non-small cell lung, breast, ovarian, gastric and colorectal cancers.
TEVA

Hot Stocks

05:23 EDT Teva announces new analysis from European cohort of RIM-TD study - Teva announced that a new analysis from the European cohort of the RIM-TD open-label extension, or OLE, study revealed that deutetrabenazine treatment of patients with Tardive Dyskinesia, or TD, was associated with long term improvement of TD symptoms. The improvement in symptoms was sustained throughout the three-year study, and deutetrabenazine was well tolerated. The data were presented at the European College of Neuropsychopharmacology, or ECNP, annual congress in Milan. RIM-TD is a three-year study which enrolled patients who had completed one of the two pivotal deutetrabenazine phase 3 studies, ARM-TD6 and AIM-TD.7 Whilst RIM-TD was conducted in both the United States and Europe, the post hoc subgroup analysis focused on patients from the European countries. Treatment success was defined as 'much improved' or 'very much improved' on the Clinical Global Impression of Change or Patient Global Impression of Change. The majority of patients achieved treatment success with 65% of patients for CGIC and 56% for PGIC. Deutetrabenazine was generally well tolerated, regardless of which arm of the two Phase 3 trials the patients had previously been treated in. Deutetrabenazine has now been evaluated in ARM-TD, AIM-TD as well as RIM-TD, all of which demonstrated that the treatment provides rapid, sustained, and clinically meaningful improvements in motor function in patients with Tardive Dyskinesia.
FFIE

Hot Stocks

05:20 EDT Faraday Future delivers FF 91 2.0 Futurist Alliance to Born Leaders - Faraday Future announced it delivered an FF 91 2.0 Futurist Alliance to Born Leaders Entertainment in the Warwick Club in Hollywood on September 20. Born Leaders Entertainment also becomes a user, and developer co-creation officer for FF.
MQ COF

Hot Stocks

05:18 EDT Marqeta announces Fouzi Husaini as chief artificial intelligence officer - Marqeta (MQ) announced that Fouzi Husaini has joined the company as its chief artificial intelligence officer. Husaini will play a role in scaling Marqeta's AI organization. Most recently, Husaini served as the VP of machine learning engineering at Capital One (COF), where he focused on building machine learning models to support Capital One's credit products and services, including marketing, fraud, small business and more.
CMCL

Hot Stocks

05:13 EDT Caledonia Mining announces fatal accident at Blanket Mine in Zimbabwe - The company said, "It is with regret that Caledonia Mining reports that an accident took place on September 21, 2024 at the Blanket Mine in Zimbabwe, where an employee was hit by a fall of rock while drilling in a development area and as a result has sadly died. Management at Blanket Mine are assisting the relevant authorities in their enquiry into this accident. Caledonia expresses its condolences to the family and colleagues of the deceased."
DCI

Hot Stocks

05:11 EDT Donaldson launches filtration services in France, Germany and Austria - Donaldson is expanding its presence in the food and beverage markets by launching its filtration services in France, Germany and Austria. This initiative reinforces the company's commitment to product and process integrity, with Donaldson specialists delivering directly to customers' locations. The launch of filtration services for food and beverage, and adjacent markets, in France, Germany and Austria is expected to set the stage for expanding this offering across Europe.
NDAQ

Hot Stocks

05:10 EDT Nasdaq expands digital bank financial technology presence in Latin America - Nasdaq announced it has expanded its digital bank financial technology presence in Latin America, having agreed to provide its AxiomSL regulatory reporting solution to Nubank, a digital bank with over 100M customers across Brazil, Mexico, and Colombia. The agreement extends Nasdaq's existing partnership with Nubank which includes providing the technology that underpins the bank's treasury function - managing its fixed income and money market operations - and now the bank's regulatory reporting obligations in Colombia.
NOK

Hot Stocks

05:08 EDT Nokia enters 5G equipment deal with Viettel Group in Vietnam - Nokia announced that it has signed a major new deal with Viettel Group to deploy 5G equipment for the first time nationwide in Vietnam. The ambitious project will cover 22 provinces across the country and support Viettel's strategy of advancing 5G infrastructure and digital transformation. The project will also see Nokia modernize Viettel's 4G infrastructure. Deployment will begin this year. Under the deal, Nokia will supply equipment from its 5G AirScale portfolio for the first time in Vietnam covering 2,500 sites.
CLVT

Hot Stocks

05:07 EDT Clarivate enters strategic partnership with Relatable Healthcare - Clarivate announced a strategic partnership with Relatable Healthcare, a technology company delivering Product Relationship Management, or PRM, software to medtech companies to drive revenue and workflow efficiency. Relatable is a product relationship management, or PRM. platform created for medtech manufacturers and distributors to unlock new competitive conversion capabilities. The platform establishes a single source of truth for all information associated with specific products and their direct competitors, populating a data management platform available to contracting, sales, marketing and technical support teams.