Stockwinners Market Radar for October 07, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BLDE

Hot Stocks

20:06 EDT Cathie Wood's ARK Investment buys 65.8K shares of Blade Air Mobility today
CHSN

Hot Stocks

19:50 EDT Chanson International Holding trading halted, news pending
SGD

Hot Stocks

19:50 EDT Safe & Green Development Corp trading halted, news pending
VMAR

Hot Stocks

19:50 EDT Vision Marine Technologies Inc trading halted, news pending
AGFY

Hot Stocks

19:50 EDT Agrify Corp trading halted, news pending
AZ

Hot Stocks

19:50 EDT A2Z Cust2Mate Solutions Corp trading halted, news pending
AOS

Hot Stocks

19:39 EDT A.O. Smith raises quarterly dividend by 6% to 34c per share - The dividend is payable on Friday, November 15 to shareholders of record October 31, 2024.
BURU

Hot Stocks

19:13 EDT Nuburu secures strategic $65M investment to accelerate commercialization - NUBURU "announced a comprehensive funding program of approximately $65 million, including $15 million of direct investment and $50 million equity line of credit. This funding represents a pivotal moment for NUBURU, enabling us to accelerate commercialization with predictable access to capital."
BRK.A...

Hot Stocks

18:50 EDT Berkshire Hathaway sells $383M worth of Bank of America shares - In a regulatory filing, Berkshire Hathaway (BRK.A) disclosed the sale of roughly 9.5M shares of Bank of America (BAC), roughly $383M worth of stock, in multiple transactions dated October 3-7. The shares were sold in a price range of $39.2505-$40.054 per share.
PAYX

Hot Stocks

18:45 EDT Paychex CEO: We had solid results in Q1 - In an interview on CNBC's Mad Money, John Gibson said Paychex continues to show good margin expansion. "We're executing our post-pandemic strategy and it's resonating with customers." He noted that small businesses are continuing to have difficulty attracting quality employees. The Midwest has taken the leadership position in small business growth, he added.
FWRD

Hot Stocks

17:54 EDT Forward Air board 'actively analyzing the business and strategy' - Forward Air issued the following statement: "The Forward Air Board of Directors and management acknowledge and value the perspectives of the company's shareholders. The company has recently undergone a significant transformation, including substantially refreshing its Board and management team, and is focused on continuing to provide industry leading service and executing its strategic plan with a renewed sense of continuous improvement, transparency and accountability. The refreshed Board and management team are actively analyzing the business and strategy to ensure the company pursues the best path forward to enhance shareholder value."
ADT

Hot Stocks

17:30 EDT ADT Inc. announces 'unauthorized activity on the company's network' - In a regulatory filing, ADT stated, "ADT Inc. recently became aware of unauthorized activity on the company's network, and discovered an unauthorized actor had illegally accessed ADT's network using compromised credentials obtained through a third-party business partner. The company promptly took steps to shut down the unauthorized access, notified the third party its systems had been compromised, launched an investigation, and implemented counter measures intended to safeguard the company's information technology assets and operations. ADT has hired leading third-party cybersecurity experts to assist with the company's response to the incident, and is working closely with federal law enforcement. The company is also cooperating closely with its third-party business partner to address the incident. The company believes the unauthorized actor exfiltrated certain encrypted internal ADT data associated with employee user accounts during the intrusion. Based on its investigation to date, the company does not believe customers' personal information has been exfiltrated, or that customers' security systems have been compromised. ADT's containment measures have resulted in some disruptions to the company's information systems, and the company's investigation is at an early stage and ongoing."
AC

Hot Stocks

17:28 EDT Associated Capital reports preliminary book value $41.85-$42.05 per share - Associated Capital Group announced a preliminary range for its third quarter book value of $41.85 to $42.05 per share. These estimates are ex the $2 per share special dividend declared in September 2024, which is payable on November 4, 2024 to Class A and Class B shareholders of record on October 21, 2024. This range compares to book values of $42.87 at June 30, 2024, $42.11 per share at December 31, 2023 and $41.43 per share at September 30, 2023.
MDU...

Hot Stocks

17:19 EDT MDU Resources to replace Chuy's in S&P 600 at open on 10/11 - Darden Restaurants (DRI) is acquiring Chuy's Holdings (CHUY) in a deal expected to be completed soon, pending final closing conditions. MDU Resources (MDU) announced its intention to spin-off a company later this month.
DOCU MDU

Hot Stocks

17:17 EDT DocuSign to replace MDU Resources in S&P 400 at open on 10/11
DECK

Hot Stocks

17:14 EDT Deckers Outdoor CFO sells $1.53M in common stock - In a regulatory filing, Deckers Outdoor disclosed that its CFO Steven Fasching sold 9.2K shares of common stock on October 4th in a total transaction size of $1.53M.
EXPE

Hot Stocks

17:12 EDT Expedia director Khosrowshahi sells 10,000 common shares - In a regulatory filing, Expedia director Dara Khosrowshahi disclosed the sale of 10,000 common shares of the company on October 4 at a price of $150.1788 per share.
MGI

Hot Stocks

17:06 EDT MoneyGram reports cybersecurity issue impacting certain customers - MoneyGram provided an update on its recent cybersecurity issue that affected certain of the company's systems. While the company continues to investigate the issue with the assistance of external cybersecurity experts and has been coordinating with law enforcement, MoneyGram's systems are back online and the company has resumed normal business operations. On September 27, MoneyGram determined that, in connection with this issue, an unauthorized third party accessed and acquired personal information of certain consumers between September 20 and 22, 2024. MoneyGram's investigation is in its early stages and the Company is working diligently to determine which consumers were affected by this issue. The types of impacted information varied by affected consumer and included names, contact information, dates of birth, national identification numbers, a limited number of Social Security numbers, copies of government-issued identification documents, other identification documents, bank account numbers, MoneyGram Plus Rewards numbers, transaction information and, for a limited number of consumers, criminal investigation information.
SAM

Hot Stocks

17:04 EDT Boston Beer authorizes $400M buyback increase - The company stated: "On October 2, 2024, the Board of Directors authorized an increase in the aggregate expenditure limit for the Company's stock repurchase program by $400 million, thereby increasing the limit from $1.2B to $1.6B."
OPTN VRCA

Hot Stocks

17:01 EDT Optinose names Terry Kohler as CFO - Optinose (OPTN) announced the appointment of Terry Kohler as CFO. Kohler was most recently the CFO for Verrica Pharmaceuticals (VRCA), a dermatology therapeutics company, where he supported commercial preparations for the launch of a topical treatment for molluscum contagiosum and research and development pipeline investments. Kohler is an experienced biotech finance leader with over 20 years of business experience.
CLSK

Hot Stocks

16:39 EDT CleanSpark appoints Brian Carson as chief accounting officer - CleanSpark has announced the appointment of Brian Carson as chief accounting officer. In his prior role as director of financial reporting at CleanSpark, Carson led teams responsible for financial closing activities, report management, spend analysis, system-implementations, training, and auditing. As chief accounting officer, Carson will continue to oversee accounting and SEC financial reporting and will implement new systems and procedures as necessary to match the growth of the company. Prior to joining CleanSpark in October 2022, he worked as a director and financial controller for Sahara Las Vegas.
JNJ

Hot Stocks

16:37 EDT J&J says SunRISe-2 discontinued for 'not showing superiority vs. chemoradiation' - The company stated, "The SunRISe-2 study in patients with muscle-invasive bladder cancer (MIBC) who are not receiving radical cystectomy was a bold approach to disrupt the established standard of care in chemoradiation in this difficult-to-treat population.Following an Independent Data Monitoring Committee recommendation and pre-specified interim analysis, SunRISe-2 was discontinued for not showing superiority versus chemoradiation. Based on data presented, we are highly confident in TAR-200 as a transformative therapy for bladder cancer where innovative and bladder-sparing options are urgently needed. Data from the SunRISe-4 study recently presented at the 2024 European Society for Medical Oncology Congress show the potential of TAR-200 in MIBC and we will continue to pursue approaches to advance care in this setting. We are on target for the U.S. FDA filing of TAR-200 monotherapy (SunRISe-1) in non-muscle invasive bladder cancer in early 2025 with the SunRISe-3 and SunRISe-5 studies underway. We remain confident in the TARIS platform having $5B+ potential." Reference Link
ASR

Hot Stocks

16:35 EDT Asur reports September passenger traffic down 1.5% y/y - Asur, an international airport group with operations in Mexico, the U.S. and Colombia, announced that passenger traffic for September 2024 reached a total of 4.9M passengers, representing a decrease of 1.5% compared to September 2023. Passenger traffic increased 14.7% in Colombia and presented declines of 0.8% in Puerto Rico, and Mexico of 8.1%. Passenger traffic growth in Colombia was driven by increases of 15.2% in international traffic and 14.5% in domestic traffic. Puerto Rico reported 26.0% growth in international traffic and a decrease of 3.9% in domestic traffic. Mexico, in turn, reported declines in domestic and international traffic of 4.9% and 12.4%, respectively.
PANL

Hot Stocks

16:33 EDT Pangaea Logistics to purchase equity ownership of Nordic Bulk Partners - Pangaea Logistics Solutions announced a definitive agreement to purchase the remaining 50% equity ownership of its consolidated subsidiary, Nordic Bulk Partners LLC, from HS Nordic LLC, for $17.2M in cash. Nordic Bulk Partners LLC was established in 2019 as a joint venture to construct four Ice Class 1A Post-Panamax dry bulk vessels. The transaction is expected to be completed by November 1, 2024 subject to customary closing terms and conditions. Upon the completion of the transaction, Pangea will own 100% of the equity in Nordic Bulk Partners. The terms of the Nordic Bulk Partners operating agreement include ownership put and call provisions, which have been negotiated and exercised a year earlier than originally stipulated. HS Nordic's 50% equity ownership was recorded on Pangaea's balance sheet as of June 30, 2024 as a long term liability of $16.6M, which will be extinguished as a result of this purchase
MTCH

Hot Stocks

16:31 EDT Match Group names Steven Bailey as CFO, effective March 1st, 2025 - Match Group announced the appointment of Steven Bailey as CFO, effective March 1st, 2025. Gary Swidler will transition out of his CFO role on that date and continue in his position as President of Match Group. Bailey, currently the Senior Vice President of Financial Planning & Business Operations, has held leadership roles across these areas of Match Group since 2012. His expertise spans financial strategy, operational efficiency, and corporate planning across the company's diverse portfolio of brands. His promotion to CFO underscores the Company's focus on driving long-term strategic growth and exercising strong cost discipline. In his new role, Bailey will oversee investor relations, accounting, tax, and treasury, in addition to his current responsibilities.
LUNA

Hot Stocks

16:31 EDT Luna Innovations receives Nasdaq staff determination letter - Luna Innovations Incorporated announced that on October 1, 2024, it received a staff determination letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company that, due to the Company's failure to regain compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission, Nasdaq has determined that the Company's securities will be scheduled for delisting from Nasdaq unless the Company requests an appeal of the determination to a Hearings Panel.
AHT

Hot Stocks

16:27 EDT Ashford Hospitality sees Q3 occupancy of approximately 71% - Ashford Hospitality Trust reported that the company expects to report Occupancy of approximately 71% for the third quarter of 2024 with Average Daily Rate of approximately $187 resulting in RevPAR of approximately $132. This Comparable RevPAR reflects an approximate decrease of 1.6% compared to the third quarter of 2023. Additionally, for the month of July 2024, Comparable RevPAR increased approximately 0.3% versus July 2023. For the month of August 2024, Comparable RevPAR decreased approximately 2.1% versus August 2023. For the month of September 2024, Comparable RevPAR decreased approximately 3.0% versus September 2023.
PENN

Hot Stocks

16:26 EDT Penn Entertainment up 5% at $19.50 after Q3 pre-announcement
PRCT

Hot Stocks

16:26 EDT Procept BioRobotics announces FDA approval to initiate Aquablation therapy study - Procept BioRobotics announced the FDA has approved a pivotal Investigational Device Exemption, or IDE, clinical trial comparing Aquablation therapy to radical prostatectomy. The company also recently received Breakthrough Device Designation to investigate the use of Aquablation therapy for prostate cancer. Breakthrough Device Designation is awarded in exceptional cases, expediting the review of novel therapies that can improve the lives of people with life-threatening or irreversibly debilitating diseases or conditions.
PENN

Hot Stocks

16:26 EDT Penn Entertainment sees Q3 Retail Operations EBITDA at $465M-$475M - Penn Entertainment stated: "The Company expects third quarter 2024 Retail Operations Adjusted EBITDAR to be in the range of $465M to $475M. Estimated third quarter 2024 Retail Operations Adjusted EBITDAR was negatively impacted by approximately $10 million due to unfavorable hold rates within our Northeast segment and volume declines in our South segment associated with severe weather disruptions and hotel remodeling. As disclosed in our Form 10-Q for the quarter ended September 30, 2023, third quarter 2023 Retail Operations Adjusted EBITDAR was positively impacted by $14 million in business interruption proceeds related to Hurricane Laura, which was recorded in the South segment. The Company is raising its previously estimated Interactive Adjusted EBITDA range for the third quarter 2024 to $(100) million to $(90) million, up from our previous guidance of $(135) million to $(115) million. Better than expected hold driven by a higher parlay mix from our improving product and lower promotional expenses accounted for the upside."
SOND

Hot Stocks

16:24 EDT Sonder Holdings receives noncompliance letter from Nasdaq, submits appeal - Sonder Holdings announced that it has received a letter from the staff of Nasdaq notifying the company that since it remains delinquent in filing its Forms 10-Q for the periods ended March 31 and June 30, respectively, the staff has determined that the company is non-compliant with Nasdaq Listing Rule 5250(c)(1). Previously, the staff granted the Company an exception until September 30, to file all delinquent periodic reports. Additionally, the company was previously deemed delayed on the filing of the Annual Report on Form 10-K for the year ended December 31, 2023; however, the company has since filed the 2023 Form 10-K on September 27 and the staff determined that the company complies with respect to the 2023 Form 10-K. As a result of the delinquent filings, the company's common stock and warrants are subject to suspension in trading on October 10 and delisting from Nasdaq unless the company appeals and requests a hearing before a Hearings Panel by 4:00 Eastern Time on October 8. On October 2, the company submitted an appeal to Nasdaq requesting a hearing before a Hearings Panel at which it intends to present its plan to regain and thereafter maintain compliance with all applicable Nasdaq listing requirements. The appeal automatically suspends any potential delisting through at least October 23, 15 calendar days from the date the request for hearing was due. In connection with its request for a hearing, however, the company has also requested a stay of the suspension of trading and delisting of its common stock and warrants, pending the later hearing and decision of the hearings panel. The company has been informed that hearings are typically scheduled to occur approximately 30-45 days after the date of the hearing request. The company intends to file the Forms 10-Q in the next 30-45 days. A panel will notify the company by October 18 of its decision to allow the company to continue to trade on Nasdaq pending the later hearing and a decision by the hearings panel. There can be no assurance that the panel will grant the company's request for continued listing or stay the delisting of its common stock and warrants and there can be no assurance that the company will file the Forms 10-Q by the hearing's scheduled date.
FE...

Hot Stocks

16:22 EDT FirstEnergy, Dominion, American Electric reach joint planning agreement - FirstEnergy Corp. (FE), Dominion Energy Virginia (D) and American Electric Power (AEP) have entered into an innovative joint planning agreement to propose several new regional electric transmission projects across multiple states within the PJM footprint. The innovative collaboration comes at a time when efficient and cost-effective regional transmission development is essential and encouraged by the Federal Energy Regulatory Commission, the independent federal agency that regulates the interstate transmission of electricity. Power demand in the PJM region is growing at an unprecedented pace due to rapid expansion of energy-intensive industries such as data centers, the electrification of transportation and heating, and increased manufacturing onshoring. At the same time, the region's power generation mix is changing as legacy generation is retired and more renewables are added to the grid. The companies jointly proposed the projects through PJM's Regional Transmission Expansion Plan Open Window process in September. PJM is the regional transmission organization that coordinates the transportation of wholesale electricity across a 13-state region. The proposed projects include several new 765-kV, 500-kV and 345-kV transmission lines in Virginia, Ohio and West Virginia. The projects remain in the early stages of development. If selected by PJM, the companies would then undertake an extensive, multi-year process to select routes, perform environmental studies, engage with communities, obtain state and local permitting and build the projects. In addition to the joint proposals, each of the three companies have also submitted individual proposals for other transmission projects consistent with how each company has participated in past PJM open windows.
ELAN

Hot Stocks

16:20 EDT Elanco receives FDA approval of Credelio Quattro - Elanco Animal Health announced the U.S. FDA has approved Credelio Quattro, becoming the broadest approved canine oral parasiticide with its protection against six types of parasites-fleas, ticks, heartworms, and the three risky intestinal parasites-roundworms, hookwormsii and tapeworms. Credelio Quattro is a single, monthly chewable tablet for dogs eight weeks of age or older.
SXTC

Hot Stocks

16:20 EDT China SXT Pharmaceuticals receives noncompliance notification from Nasdaq - China SXT Pharmaceuticals announced that on October 3, the company received a notification letter from Nasdaq notifying the company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).
INSE

Hot Stocks

16:19 EDT Inspired Entertainment announces long-term extension of OPAP pact - Inspired Entertainment announced a long-term extension of its virtual sports partnership with OPAP, a gaming company in Greece. Since the launch of Inspired's Virtual Sports product category in 2017, the company has exclusively provided a portfolio of Virtual Sports across OPAP's network of more than 3,000 retail venues in Greece.
FTI BP

Hot Stocks

16:18 EDT TechnipFMC awarded iEPCI contract for BP Kaskida development - TechnipFMC (FTI) has been "awarded an integrated Engineering, Procurement, Construction, and Installation - or iEPCI - contract by BP (BP) for its greenfield Kaskida development in the Gulf of Mexico. The contract covers the design and manufacture of subsea production systems, including 20,000 psi (20K) standardized subsea trees and manifolds. The scope also includes the design, manufacture, and installation of subsea umbilicals, risers, and flowlines. The award follows an integrated Front End Engineering and Design study by TechnipFMC. For TechnipFMC, the contract is categorized as a "substantial" award, valued between $250M and $500M. This award was included in inbound orders in the third quarter of 2024."
PTN

Hot Stocks

16:17 EDT Palatin receives notice of non-compliance from NYSE American - Palatin Technologies announced it received a notice from the staff of NYSE American that Palatin was not in compliance with the Exchange's continued listing standards under Section 1003(a)(iii) of the NYSE American Company Guide. Section 1003(a)(iii) requires a listed company to have stockholders' equity of $6M or more if the listed company has reported losses from continuing operations and/or net losses in its five most recent fiscal years. Palatin previously reported that it was not in compliance with continued listing standards under Section 1003(a)(i) and (ii). Palatin remains subject to the procedures and requirements of Section 1009 of the NYSE American Company Guide. Palatin submitted a plan of actions it has taken or will take to regain compliance with the continued listing standards by April 10, 2025. The Exchange accepted the Plan and granted a Plan period through April 10, 2025 to regain compliance with the continued listing standards, which now includes continued listing standards under Section 1003(a)(iii). Palatin will be able to continue its listing during the Plan period and will be subject to periodic reviews, including quarterly monitoring for compliance with the Plan. Palatin is assessing and exploring multiple funding avenues and is committed to undertaking a transaction or transactions in the future to achieve compliance with the Exchange's requirements.
MRM

Hot Stocks

16:17 EDT Medirom Healthcare acquires rehabilitation centers from Y's, Inc. - Medirom Healthcare announced that it is expanding into the rehabilitation industry. In doing so, Medirom established a wholly-owned subsidiary, Medirom Rehab Solutions Inc., which acquired all of the rehabilitation centers of Y's, Inc. Prior to the acquisition by Medirom Rehab Solutions Inc., Y's, Inc. owned and operated ten cerebral infarction rehabilitation centers in Tokyo and other major cities across Japan.
IBP

Hot Stocks

16:15 EDT Installed Building Products acquires Wholesale Insulation Supply, no terms - Installed Building Products announced the acquisition of Wholesale Insulation Supply, Inc. doing business as Insulation Supplies. Insulation Supplies was established in 1986 and is headquartered in New Hope, Minnesota, near Minneapolis. Insulation Supplies generates over $22 million of annual revenue throughout Minnesota and the upper Midwest. As a specialty distributor focused on residential and commercial end-markets, Insulation Supplies sells fiberglass insulation, spray foam insulation, cellulose insulation, and related insulation accessories and machinery. "Insulation Supplies has successfully grown its business by providing exceptional service to its customers and we are excited to complete another strategic acquisition. The acquisition expands our geographic presence and enhances our ability to efficiently meet the needs of insulation customers throughout the upper Midwest," stated Jeff Edwards, Chairman and Chief Executive Officer.
VINC

Hot Stocks

16:13 EDT Vincerx Pharma announces two complete responses in VIP943 study - Vincerx Pharma announced two complete responses in the ongoing first-in-human, Phase 1 dose-escalation study of VIP943, the company's next-generation antibody-drug conjugate, or ADC, being evaluated in relapsed/refractory acute myeloid leukemia, or AML, higher-risk myelodysplastic syndrome, or HR-MDS, and B-cell acute lymphoblastic leukemia, or B-ALL. The company also provided pipeline and corporate updates. The ongoing Phase 1 dose-escalation study of VIP943 has enrolled 22 patients to date across several escalating dose cohorts. These 22 patients represent a 'hard-to-treat' salvage population, which rarely responds to monotherapy. Nine patients have received at least three doses of an efficacious dose of VIP943. Of these nine patients, four remain on study. So far, one patient with relapsed AML has achieved complete remission with incomplete hematologic improvement and one patient with HR-MDS has achieved complete remission with limited count recovery based on international consensus response criteria. These response criteria are widely recognized as an approvable benchmark in AML and MDS studies, further underscoring the significance of these early results. As of August, VIP943 has shown favorable safety and tolerability, with no dose-limiting toxicities reported in 22 patients. Serious adverse events, or SAEs, have been consistent with expectations for this patient population. The most common SAEs included pneumonia and cellulitis and febrile neutropenia. Only one patient experienced a drug-related SAE. Target engagement has been demonstrated by binding of VIP943 to CD123+ peripheral blood blasts from patients with AML from the Phase 1 study. Maximal receptor occupancy of 84% was achieved in the highest dose cohort. Across all the cohorts, receptor occupancy was retained for less than 96 hours. Concurrent decreases in CD123+ peripheral blood blasts were also observed after dosing. These pharmacodynamic markers show that VIP943 is binding to and eliminating CD123+ malignant cells. Preliminary pharmacokinetic data continues to show low release of payload. The half-life of VIP943 is less than 96 hours, and no accumulation occurs with repeat dosing. These PK and PD results have prompted evaluation of twice weekly dosing of VIP943 as a potential "induction" regimen. Enrollment in the once weekly and twice weekly dosing cohorts is ongoing. The company anticipates providing another data update on the ongoing Phase 1 VIP943 study by the end of the year.
RLI

Hot Stocks

16:12 EDT RLI Corp. estimates $35M-$40M in losses related to hurricanes Beryl and Helene - RLI Corp "announced an estimated range of pretax net catastrophe losses from Hurricanes Beryl and Helene of $35 to $40 million, to be reflected in the third quarter of 2024. This range is net of reinsurance recoverables and is subject to change due to the complexity of the claims and preliminary nature of the information currently available."
CNNE

Hot Stocks

16:11 EDT Cannae Holdings, KDSA to acquire majority stake in Watkins - Cannae Holdings "announced an agreement to acquire a majority stake in The Watkins Company, a 156-year-old American heritage brand renowned for its high-quality flavoring products. This strategic investment aims to leverage the strengths of both Cannae and KDSA to drive growth and innovation for Watkins' fast-growing portfolio of flavoring products including spices, seasonings, and extracts. The current majority owner and Chairman, Mark Jacobs, will roll a significant equity stake into the transaction. The transaction is expected to close in October 2024."
BWMN

Hot Stocks

16:10 EDT Bowman Consulting president Michael Bruen to retire effective January 5 - Bowman Consulting Group announced that Michael Bruen notified the Company of his planned retirement, effective as of January 3, 2025, and his resignation as President of the Company and as a member of the Company's board of directors, effective as of October 4, 2024. For the period between Mr. Bruen's resignation as President and a director and his retirement, Mr. Bruen has agreed to serve as an Executive Advisor to the Company's Chief Executive Officer to assist in the distribution of his day-to-day responsibilities to other Company executives. Commencing upon his retirement, Mr. Bruen will serve as an independent advisor to the Company under the terms of a short-term consulting arrangement. Mr. Bruen's retirement and resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. "We want to thank Mike for his service to Bowman in a variety of important leadership roles," said Gary Bowman, Chairman and CEO of Bowman. "During his nearly 30-year career at Bowman, Mike helped lead the Company through significant growth and market diversification. His retirement from leadership, and the transition of responsibilities, is a natural part of our continuing evolution as a leading engineering services and infrastructure solutions company. We all wish Mike well in this next chapter of his life."
BHE

Hot Stocks

16:08 EDT Benchmark Electronics names Bryan Schumaker as CFO - Benchmark Electronics announced the appointment of Bryan Schumaker as the company's CFO, effective October 8. Schumaker brings more than 20 years of financial and leadership experience across public and private sectors, driving growth, operational excellence, and strategic capital management. Schumaker's impressive track record as CFO within both the manufacturing and renewable energy sectors positions him as a key contributor to Benchmark's future success. In his most recent role as CFO of SOURCE Global, Schumaker played a key role in transforming the financial operations of the company, preparing it for public market readiness and leading the development of a global shared service center in Malaysia.
GDYN

Hot Stocks

16:07 EDT Grid Dynamics acquires Mobile Computing, terms not disclosed - Grid Dynamics announced its acquisition of Mobile Computing S.A., a software development services provider based in Buenos Aires, Argentina. This strategic acquisition enhances Grid Dynamics' delivery capabilities in the Americas and reinforces its commitment to providing engineering excellence for its global enterprise clients, the company said. "Mobile Computing has a strong reputation as a trusted provider of top-tier engineering services, and I am extremely proud to welcome this high-performing team of professionals into our company. The acquisition of Mobile Computing expands Grid Dynamics' global footprint and significantly enhances our follow-the-sun delivery model. By adding this talented team in Argentina, our clients now have expanded options in the Americas, complementing our established presence in the United States and Mexico. This acquisition also supports Grid Dynamics' GigaCube growth strategy by offering our global enterprise clients expanded service capabilities and deeper industry expertise," said Leonard Livschitz, CEO of Grid Dynamics.
BDTX

Hot Stocks

16:07 EDT Black Diamond CFO Fang Ni, CPO Elizabeth Montgomery to depart in restructuring - Black Diamond Therapeutics announced a corporate restructuring in an effort to focus resources on advancing lead program BDTX-1535 into pivotal development, and to extend the company's expected cash runway into Q2 2026. BDTX-1535 has demonstrated Phase 2 clinical activity across a broad spectrum of epidermal growth factor receptor mutations, or EGFRm, in patients with recurrent non-small cell lung cancer, or NSCLC. In Q1 2025, Black Diamond anticipates sharing initial Phase 2 data for BDTX-1535 in the frontline setting for patients with EGFRm NSCLC. Also in Q1, the company plans to present updated Phase 2 results for BDTX-1535 in patients with recurrent EGFRm NSCLC and a potential registration path in the recurrent setting based on feedback from the FDA. Black Diamond is actively seeking partnerships as it deprioritizes its BDTX-4933 program in RAF/RAS-mutant solid tumors. To enable focused investment in BDTX-1535, Black Diamond has also taken steps to optimize operations, including a reduction in force, while retaining core drug development and management expertise. As part of the restructuring, chief business officer and CFO Fang Ni and chief people officer, or CPO, Elizabeth Montgomery are departing the company. Erika Jones, senior VP of finance and principal accounting officer, has been appointed principal financial officer of the company. Cost savings from the restructuring and other actions described above are expected to be sufficient to fund operations into Q2 2026.
USPH

Hot Stocks

16:07 EDT U.S. Physical Therapy acquires 50% interest in management services organization - U.S. Physical Therapy "announced that it has signed an agreement to purchase a 50% equity interest in a management services organization that provides management and administrative services to 50 physical therapy clinics. The Company expects to close the transaction on October 31, 2024. The Company manages 50 outpatient clinics, the majority of which are in New York, with plans to further expand in New York and adjacent states. The Company-managed clinics deliver physical, occupational and speech therapy and also provide physical therapy services to patients in their homes. Through its managed therapy providers, the Company currently generates approximately $64.0 million in annual revenue and approximately $12.0 million in annual EBITDA on a consolidated basis. The current owners of the Company will continue to have a 50% ownership interest. The Chief Executive Officer of the Company, who will remain with the Company as its executive leader, joined the Company in 2016 and has grown the group of managed clinics from five clinics to 50 clinics."
NUVB

Hot Stocks

16:06 EDT Nuvation Bio names Philippe Sauvage CFO - Nuvation Bio announced the appointment of Philippe Sauvage as Chief Financial Officer. "We are excited to welcome Philippe to Nuvation Bio at such an important stage of our evolution," said David Hung, M.D., Founder, President, and Chief Executive Officer of Nuvation Bio. "Philippe has successfully driven growth and led finance and operations teams across U.S., European, and Asian markets. Philippe's uniquely broad skillset is reflected in his senior positions in pharmaceutical, hospital and government organizations. His strategic vision and insights that span finance and operations, to commercial strategy and marketing, to government and hospital reimbursement and market access, will be invaluable as we transition to a commercial-stage organization in 2025."
CALM

Hot Stocks

16:05 EDT Cal-Maine Foods board approves $40M in new capital projects - Cal-Maine Foods announced that on October 4, 2024, its Board of Directors approved $40 million in new capital projects to further expand the Company's cage-free production capabilities. The Company plans to fund the projects through a combination of available cash on hand, sales of investment securities and operating cash flow. The projects will include the addition of five new cage-free layer houses across the Company's locations in Florida, Georgia, Utah and Texas. The Company plans to start construction by the end of calendar 2024 and expects the projects to be completed with additional production capacity for approximately 1.0 million cage-free layer hens by late summer 2025. These additions will primarily replace recently retired caged facilities and add to the Company's cage-free capacity. The Company also provided an update on its conversion of the former Tyson Foods facilities in Dexter, Missouri, acquired on March 14, 2024. Following the closing, the Company began work to remodel and repurpose these assets for use in shell egg production. Cal-Maine Foods has also been working with local contract growers and has commitments that would result in approximately 1.2 million additional free-range hens by fall 2025, with plans to add more capacity in the future.
ZJK NVDA

Hot Stocks

16:01 EDT ZJK Industrial announces partnership with Nvidia, annual capacity of 10B units - ZJK Industrial (ZJK) posted on X: "We are proud to partner with NVIDIA (NVDA) as a leading AI Infrastructure Provider! Annual Capacity of 10 Billion Units." Reference Link
ZJK NVDA

Hot Stocks

16:00 EDT ZJK Industrial announces partnership with Nvidia, annual capacity of 10B units - The company posted on X: "We are proud to partner with NVIDIA as a leading AI Infrastructure Provider! Annual Capacity of 10 Billion Units." Reference Link
GOOGL...

Hot Stocks

15:44 EDT Google says 'Epic verdict missed the obvious,' will appeal - Lee-Anne Mulholland, Vice President, Regulatory Affairs, stated in a Google (GOOGL) blog post: "Today, the court overseeing our ongoing U.S. legal proceedings with Epic Games ordered changes to Android and Google Play, requested by Epic. As we have already stated, these changes would put consumers' privacy and security at risk, make it harder for developers to promote their apps, and reduce competition on devices. Ultimately, while these changes presumably satisfy Epic, they will cause a range of unintended consequences that will harm American consumers, developers and device makers. These Epic-requested changes stem from a decision that is completely contrary to another court's rejection of similar claims Epic made against Apple - even though, unlike iOS, Android is an open platform that has always allowed for choice and flexibility like multiple app stores and sideloading. We are appealing that underlying decision and we will ask the courts to pause Epic's requested changes, pending that appeal." Investors in Epic Games include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony (SONY).
IAG

Hot Stocks

14:55 EDT IAMGold not aware of any potential change to Essakane mine permits - IAMGold shared an update on its operations in Burkina Faso in response to media reports following a radio interview that occurred on Saturday, October 5, 2024 with President Traore of Burkina Faso. President Traore spoke on Radio Burkina to commemorate the two-year anniversary of his Presidency. During the interview, the President discussed several topics including corruption, security, transport, agriculture and mining, including a reference to the possible withdrawal of certain mining permits for companies operating in violation of the laws of Burkina Faso. IAMGOLD is not aware of any potential challenge to, or withdrawal of, its permits for the Essakane mine, which continues to operate in compliance with them. "IAMGOLD continues to have a constructive and positive working relationship with the government, demonstrated by our respective coordination and partnerships on security and serving our local communities," the company said. "Last month, the company received its 2024 dividend which was approved earlier in the year by the government. Essakane continues its impressive track record of safety, with attributable production this year expected to be between 380,000 to 410,000 ounces at cash costs of $1,175 to $1,275 per ounce."
EXPI

Hot Stocks

13:38 EDT eXp World announces industry settlement regarding home seller lawsuits - In an 8K filing, eXp World said that, "On October 1, 2024, eXp World Holdings entered into a Settlement Term Sheet in 1925 Hooper LLC, et al. v. The National Association of Realtors et. al., Case No. 1:23-cv-05392- SEG (United States District Court for the Northern District of Georgia, Atlanta Division). This Settlement is also to resolve the pending litigation in additional lawsuits... The Settlement resolves all claims in the Lawsuits and similar claims on a nationwide basis against the Company and releases the Company, its subsidiaries and affiliates, and their independent contractor real estate agents in the United States from the Claims. By the terms of the Settlement, the Company agreed to pay a total settlement amount of $34.0 million into a qualified settlement fund. In addition, the Company agreed to make certain changes to its business practices. The Company intends to use available cash to pay the Settlement Amount, which is expected to be paid as follows: 50% within thirty business days after preliminary court approval of the Settlement, and 50% on or before the one-year anniversary of initial settlement payment, which amounts will be released from escrow subject to final court approval of the Settlement. The proposed Settlement remains subject to preliminary and final court approval and will become effective upon such final approval. The Settlement and any actions taken to carry out the Settlement are not an admission or concession of liability, or of the validity of any claim, defense, or point of fact or law on the part of any party. The Company continues to deny the material allegations of the complaints in the Lawsuits."
MSFT...

Hot Stocks

12:05 EDT Microsoft's 343 Industries rebrands as Halo Studios - In a blog post on Sunday, Microsoft (MSFT) announced that 343 Industries, its internal game development studio focused on Xbox's "Halo" franchise since 2007, has rebranded as Halo Studios and is adopting a new internal organization and development approach. As part of that new approach, the studio will move away from its proprietary Slipspace engine for development and will be using Epic Games' Unreal Engine 5. "We're entering a new dawn for Halo," the Xbox maker said. "Those new visuals were created using Unreal Engine 5 - and we learned that all future Halo projects will use the engine, and that multiple new games using it are in development. Alongside the engine change, the studio is seeing changes in culture, workflow, and how its teams are organized. To match that new approach, franchise stewards 343 Industries are changing their name - Halo Studios is here." Investors in Epic Games include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony (SONY). Reference Link
ALTM

Hot Stocks

12:00 EDT Arcadium Lithium rises 30.2% - Arcadium Lithium is up 30.2%, or 93c to $4.01.
OCFT

Hot Stocks

12:00 EDT OneConnect rises 39.1% - OneConnect is up 39.1%, or $1.20 to $4.27.
NAPA

Hot Stocks

12:00 EDT Duckhorn Portfolio rises 102.6% - Duckhorn Portfolio is up 102.6%, or $5.54 to $10.94.
UVE

Hot Stocks

12:00 EDT Universal Insurance falls -15.2% - Universal Insurance is down -15.2%, or -$3.19 to $17.81.
HCI

Hot Stocks

12:00 EDT HCI Group falls -15.3% - HCI Group is down -15.3%, or -$17.64 to $97.75.
HRTG

Hot Stocks

12:00 EDT Heritage Insurance falls -27.0% - Heritage Insurance is down -27.0%, or -$3.29 to $8.90.
ETD

Hot Stocks

11:43 EDT Ethan Allen begins recovery process at North Carolina distribution center - An Ethan Allen distribution center located in Old Fort, North Carolina, was recently impacted by the significant flooding caused by Hurricane Helene. The distribution center, which primarily focuses on shipping custom-made home furnishings to select wholesale customers, has not yet resumed daily shipping operations due to limited road accessibility for tractor trailers. Recovery efforts have already begun, including restoration of electricity and internet connectivity. The Company's major upholstery operations, which are located in central North Carolina, were not significantly disrupted by Hurricane Helene and are currently operating at normal capacity. Like many local businesses, Ethan Allen is managing the evolving situation at its Old Fort distribution center. Ethan Allen's vertically integrated structure and strong manufacturing base in North America, where 75% of its products are made, offers the Company the ability to reroute operations and minimize disruptions in service.
CURV

Hot Stocks

11:31 EDT Torrid sinks after disclosing termination of Chief Creative Officer - Shares of Torrid are moving lower after the company disclosed earlier today that the employment of Elizabeth Munoz-Guzman, its Chief Creative Officer, was terminated, effective as of October 4. Shares of Torrid are down 26%, or 93c, to $2.62 in late morning trading.
EDVMF

Hot Stocks

11:05 EDT Endeavour Mining 'not currently aware' of any plans to revoke mining permits - Endeavour Mining notes media reports following a radio interview with the President of Burkina Faso, Ibrahim Traore. The company said, "On 5 October President Traore spoke on Radio Burkina to commemorate two years of his Presidency. He discussed several topics including corruption, security, transport, agriculture and mining, including a reference to certain mining permits that may potentially be revoked. Endeavour remains a trusted partner to the Government of Burkina Faso and can confirm that it is not currently aware of any plans to revoke any of its mining permits. The Government remains supportive of Endeavour's position in country as evidenced by the recent successful settlement agreement that Endeavour signed, involving the State of Burkina Faso, in respect of the divestment of the Boungou and Wahgnion mines, for which Endeavour has now received the first $30m payment."
CZR BRAG

Hot Stocks

11:04 EDT Caesars announces launch of Horseshoe Online Casino - Caesars Entertainment announced the launch of Horseshoe Online Casino, which it calls "a cutting-edge online casino app and desktop platform developed for the seasoned casino player." Caesars stated: "The debut launch of Horseshoe Online Casino in Michigan is made possible through Caesars' partnership with Sault Ste. Marie Tribe of Chippewa Indians. Those 21 and older in The Great Lakes State can now download the Horseshoe Online Casino app on iOS and Android or visit horseshoeonlinecasino.com to enjoy a dynamic online casino experience with a revolutionary multi-lobby navigation layout modeled after a real-life casino floor layout with curated lobbies dedicated to core casino game mechanics, including high limit slots, private live dealer tables, linked progressive jackpots, variations of poker and roulette, and more... The new platform features a rich collection of exclusive, Horseshoe-branded custom gaming titles, made possible through Caesars' strategic partnerships with leading gaming providers. Players can explore a range of exciting new titles, including Horseshoe Rising Rewards by Games Global, 2x3x Horseshoe by AGS, Horseshoe 3 Coin Cowboy by Bragg Gaming, and Horseshoe Slick Riches LuckyTap by Design Works Gaming. These titles accompany the platform's expansive gaming catalog, highlighted by emblematic titles offered across casino floors at Caesars Rewards destinations."
GILD

Hot Stocks

11:01 EDT Gilead presents additional data from PURPOSE 2 trial - Gilead Sciences announced additional data from its pivotal Phase 3 PURPOSE 2 trial, providing an overview of the efficacy and safety of twice-yearly lenacapavir, the company's injectable HIV-1 capsid inhibitor, for the investigational use of HIV prevention among a broad and geographically diverse range of cisgender men and gender-diverse people. The new data are being presented during an oral abstract session on October 8 at the 5th HIV Research for Prevention Conference in Lima, Peru and follow the unblinding of the trial at interim analysis in September, which showed that twice-yearly lenacapavir reduced HIV infections by 96% compared to background HIV incidence and demonstrated superiority to once-daily Truvada for HIV prevention as pre-exposure prophylaxis, or PrEP. "These data reinforce that twice-yearly lenacapavir could be a highly effective and potentially game-changing HIV prevention choice that we have long hoped for in our efforts to end the HIV epidemic. PURPOSE 2 was intentionally designed to reflect the lives and locations of many people who are disproportionately affected by HIV around the world by focusing on gender, racial, ethnic and geographic diversity," said Colleen Kelley, MD, MPH, Professor of Medicine at Emory University and a PURPOSE 2 Principal Investigator.
SMCI

Hot Stocks

10:44 EDT Supermicro jumps after announcing liquid cooling solution shipments - Supermicro shares are moving higher after the company announced it recently deployed more than 100,000 GPUs with liquid cooling solution "for some of the largest AI factories ever built." The company said it its complete liquid cooling solution that includes coolant distribution units, cold plates, coolant distribution manifolds, cooling towers and end to end management software. "This complete solution reduces ongoing power costs and Day 0 hardware acquisition and data center cooling infrastructure costs," Supermicro added. Shares of Supermicro are up 11%, or $4.49, to $45.72 in morning trading.
CETY

Hot Stocks

10:34 EDT Clean Energy's Vermont Renewable Gas secures $1M USDA REAP grant - Clean Energy Technologies announced that Vermont Renewable Gas has been selected by the United States Department of Agriculture as one of its Rural Energy for America Program Grant recipients. Administered by the USDA's Rural Development Office, this current $1.05B initiative funded through the Inflation Reduction Act seeks to issue grants which spur economic development and catalyze rural prosperity by throughout the United States through six quarterly competitions. VRG was selected to receive $1M towards completion of VRG's Vermont Renewable Gas - Lyndon 2.2-megawatt renewable energy facility in Lyndon, Vermont.
WHLR

Hot Stocks

10:05 EDT Wheeler Real Estate Investment Trust trading resumes
LQDA UTHR

Hot Stocks

10:04 EDT Liquidia says Supreme Court rejects United Therapeutics' petition - Liquidia Corporation (LQDA) announced that the United States Supreme Court has rejected United Therapeutics' (UTHR) petition for a writ of certiorari, which requested permission to appeal prior decisions which found that all claims of U.S. Patent No. 10,716,793 are unpatentable due to prior art. As a result, the decision by the Patent Trial and Appeal Board in July 2022, which was affirmed by the U.S. Court of Appeals for the Federal Circuit in December 2023, is now final and not subject to further appeal. On August 16, 2024, the U.S. Food and Drug Administration granted tentative approval of YUTREPIA inhalation powder to treat adults with pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease. In doing so, FDA confirmed that the amendment to add PH-ILD to the YUTREPIA New Drug Application was proper and that application otherwise meets the requirements for approval under the Federal Food, Drug, and Cosmetic Act. Final approval of YUTREPIA for PAH and PH-ILD may occur after expiration of 3-year regulatory exclusivity for Tyvaso DPI on May 23, 2025. There are no patents that are preventing final FDA approval of YUTREPIA. None of the valid claims of the three patents asserted by UTHR in original Hatch-Waxman litigation have been found to be infringed. All of the decisions are final and not subject to further appeal. Additionally, the U.S. District Court of the District of Delaware denied UTHR's request for a preliminary injunction with respect to a fourth patent, U.S. Patent No. 11,826,327 in a separate patent lawsuit filed by UTHR in September 2023. A trial in the '327 Patent lawsuit is scheduled for June 2025.
ORMP SCLX

Hot Stocks

10:02 EDT Oramed announces restructuring of Scilex debt - Oramed Pharmaceuticals (ORMP) announced the execution of definitive agreements for the restructuring of a portion of its existing Senior Secured Promissory Note from Scilex Holding Company (SCLX). Oramed, affiliates of Murchinson and 3i LP, entered into definitive agreements with Scilex for the purchase and sale of new tranche B senior secured convertible notes in the aggregate principal amount of $50M and warrants to purchase up to 7,500,000 shares of the Company's common stock in the aggregate in a registered direct offering. Oramed has agreed to restructure $22.5M of the outstanding principal balance under Scilex's existing Senior Secured Promissory Note, originally due to Oramed between September 2024 and March 2025. In exchange, Oramed will receive: A Note having an aggregate principal amount of $25M at issuance, with an original issue discount of 10.0%, that bears interest at a rate of 5.5% per annum, is convertible into shares of Scilex common stock at the option of holder at a conversion price equal to $1.09 and matures on the two -year anniversary of issuance; Warrants to purchase up to 3.75 million shares of Scilex common stock with an exercise price of $1.09 that are immediately exercisable and expire five years from issuance; and the application by Silex at closing of $12.5M of the proceeds from the New Financing from the non-Oramed purchasers towards the repayment of such amount of outstanding principal under the Oramed Senior Secured Promissory Note. Oramed agreed to further extend certain payments due from Scilex under the Senior Secured Promissory Note on September 23, 2024 to October 7, 2024. The closing of the New Financing is expected to occur on or about October 7, 2024, subject to satisfaction of certain closing conditions. After giving effect to these transactions, an aggregate of $54.2M of the original principal amount under the Senior Secured Promissory Note has been repaid or refinanced. Separately, Oramed and certain other institutional investors anticipate acquiring the right to receive an 8% royalty on the net sales of certain of Scilex's products, including ZTlido. Oramed is entitled to receive 50% of such proceeds from the net sales of the products. Oramed's purchase consideration in such transaction is intended to be satisfied through a reduction of $2.5 million of the outstanding principal balance on the Senior Secured Promissory Note. The closing of the royalty transaction is anticipated to occur contemporaneous with the closing of the New Financing.
CSTM

Hot Stocks

10:01 EDT Constellium, ISN partner for contractor management in North America - ISN announced that Constellium has selected ISNetworld as its primary contractor information management platform. ISN will assist Constellium with streamlining all aspects of its contractor management processes in North America, including online training, badging and scanning at its sites, and Training Qualifications
WHLR

Hot Stocks

10:00 EDT Wheeler Real Estate Investment Trust trading halted, volatility trading pause
MYTE

Hot Stocks

10:00 EDT Mytheresa rises 24.6% - Mytheresa is up 24.6%, or $1.06 to $5.37.
ALTM

Hot Stocks

10:00 EDT Arcadium Lithium rises 39.6% - Arcadium Lithium is up 39.6%, or $1.22 to $4.30.
NAPA

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10:00 EDT Duckhorn Portfolio rises 101.4% - Duckhorn Portfolio is up 101.4%, or $5.47 to $10.88.
HCI

Hot Stocks

10:00 EDT HCI Group falls -11.8% - HCI Group is down -11.8%, or -$13.64 to $101.74.
UVE

Hot Stocks

10:00 EDT Universal Insurance falls -16.6% - Universal Insurance is down -16.6%, or -$3.49 to $17.51.
HRTG

Hot Stocks

10:00 EDT Heritage Insurance falls -20.3% - Heritage Insurance is down -20.3%, or -$2.48 to $9.71.
GDEV

Hot Stocks

09:58 EDT GDEV Inc trading resumes
NSC

Hot Stocks

09:55 EDT Norfolk Southern says 'monitoring' Hurricane Milton - In a Service Alert, Norfolk Southern states that the company is monitoring and preparing for the impact of Hurricane Milton. "The storm continues to intensify two days before it's due to strike Florida's Gulf Coast and was last reported to have reached a Category 4. Milton is likely to be a large and powerful hurricane when it makes landfall in Florida on Wednesday, October 9. Florida has issued a state of emergency and hurricane, storm surge, and flood watches for several counties in its path. Right now, there are no impacted service areas and Norfolk Southern is operating as scheduled. However, we expect high winds and heavy rains could impact rail operations in Northern Florida as the storm moves through. We will continue to monitor this over the next 48 hours and issue another alert if any operations are impacted. Customers with shipments moving through the southeast should prepare for delays," the company stated.
MYTE

Hot Stocks

09:49 EDT Mytheresa rises 25.1% - Mytheresa is up 25.1%, or $1.08 to $5.39.
ALTM

Hot Stocks

09:48 EDT Arcadium Lithium rises 37.5% - Arcadium Lithium is up 37.5%, or $1.16 to $4.24.
NAPA

Hot Stocks

09:48 EDT Duckhorn Portfolio rises 101.3% - Duckhorn Portfolio is up 101.3%, or $5.47 to $10.87.
UVE

Hot Stocks

09:47 EDT Universal Insurance falls -9.4% - Universal Insurance is down -9.4%, or -$1.98 to $19.02.
CURV

Hot Stocks

09:47 EDT Torrid falls -11.0% - Torrid is down -11.0%, or -39c to $3.16.
HRTG

Hot Stocks

09:47 EDT Heritage Insurance falls -15.9% - Heritage Insurance is down -15.9%, or -$1.94 to $10.25.
GDEV

Hot Stocks

09:44 EDT GDEV Inc trading halted, volatility trading pause
CHSN

Hot Stocks

09:41 EDT Chanson International Holding trading resumes
ALTM RIO

Hot Stocks

09:37 EDT Arcadium Lithium jumps 38% to $4.26 after Rio Tinto takeover approach
LASE

Hot Stocks

09:36 EDT LASER PHOTONICS CORPORATION trading resumes
CHSN

Hot Stocks

09:36 EDT Chanson International Holding trading halted, volatility trading pause
PLUG

Hot Stocks

09:35 EDT Plug, AGA execute binding framework agreement for 3GW electrolyzer capacity - Plug Power has signed a binding framework agreement with Allied Green Ammonia, an Australian company focused on green ammonia production, to finalize a supply agreement for three gigawatts of electrolyzer capacity to AGA's green hydrogen to ammonia plant in Australia. The framework agreement follows the recently signed MOU and basic engineering and design package. Both parties will now move into finalizing the sales and purchase agreement. The partnership between Plug and AGA marks a major step toward building one of the world's largest green ammonia production facilities in the world, with the delivery of Plug's electrolyzer system expected for the end of the year in 2026/early 2027, Plug said.
LASE

Hot Stocks

09:31 EDT LASER PHOTONICS CORPORATION trading halted, volatility trading pause
LAES

Hot Stocks

09:29 EDT Sealsq announces support for the Internet of Medical Things segment - SEALSQ announced that its technology and solutions support the IoMT segment by providing key security components for applications able to secure communications and authenticate devices. While the IoMT continues to revolutionize healthcare, the integration of advanced security measures becomes paramount to protect sensitive data and maintain the integrity of medical systems. The IoMT represents a vast network of interconnected medical devices, sensors, software, and healthcare systems utilizing internet connectivity to exchange information. By leveraging technologies like wireless communication and cloud computing, IoMT offloads tasks and stores data on remote servers, vastly enhancing device functionality, storage capacity, and computational power. This integration is transforming domains such as healthcare, fitness, and patient monitoring, addressing challenges associated with increasing healthcare costs and a growing global population.
SKYX

Hot Stocks

09:29 EDT Skyx Platforms announces completion of $11M strategic investment - SKYX Platforms announced the completion of a strategic investment of $11 million of a new class of preferred stock in SKYX, with a conversion price of $2.00 per common share, with an 8% annual dividend, led by Lance Shaner, Chairman & CEO of Shaner Hotel Group, joined by other strategic and key SKYX investors
INSE

Hot Stocks

09:28 EDT Inspired Entertainment upgrades VLTs for long-term partner OPAP - Inspired Entertainment announced the upgrade of 4,000 Video Lottery Terminals for its long-term partner, OPAP, Greece's leading gaming company. As OPAP's largest VLT supplier, with more than 9,400 machines already in the market, Inspired will provide 4,000 of its latest VLTs, including the global launch of the innovative Valor Slant VLT. The Valor Slant is a standout addition to Inspired's successful Valor family, designed exclusively for the Greek market, aiming to deliver an exceptional gaming experience. Featuring dual 32-inch HD screens, it combines stunning visuals with advanced technology and immersive sound, creating an unparalleled gaming environment. The Valor Slant complements OPAP's VLT product range, joining the already proven and high-performance Valor and Vantage cabinets.
AIMD

Hot Stocks

09:27 EDT Ainos advances innocations with AI Nose, VELDONA technologies - Ainos continues to push the boundaries of global smart healthcare and immunotherapy innovation. The company said, "With its AI Nose and VELDONA low-dose oral interferon technologies, Ainos is not only spearheading advancements in medical technology but also demonstrating significant potential for industrial safety and automation applications. The Company's excellent research and development progress aligns with its strategic plans, with certain projects being completed ahead of schedule, showcasing Ainos' exceptional ability in both technology deployment and commercialization...Ainos has cemented its leadership in the fields of smart healthcare and immunotherapy through its dual innovations: AI-powered electronic nose technology and VELDONA low-dose oral interferon. With excellent progress in research and development, and ahead-of-schedule project completion, the Company continues to demonstrate its technological prowess. Moving forward, Ainos plans to expand the application of its technologies, playing a key role in driving global advancements in smart healthcare and industrial automation."
NICH

Hot Stocks

09:25 EDT Nitches, Inc. to launch website, bioceutical product line - Nitches announces the upcoming launch of its new partner, business vertical and ecommerce website, unveiling a premium bioceutical product line on Wednesday. This release marks a major step forward as Nitches partners with a respected American-based manufacturing facility. The company said, "Nitches is unveiling a product line specifically designed to address some of the most pressing health challenges that people face today. Our bioceuticals are crafted with a precise focus on solving issues related to mental focus, vitality, and youth cognitive development, ensuring that we provide solutions that elevate everyday life experiences for a diverse audience. Mental Focus and Cognitive Support: Designed to enhance focus, improve clarity, and provide lasting mental endurance, this product caters to busy professionals, students, athletes, and anyone who demands peak cognitive performance and mental sharpness in their daily lives. Vitality and Energy: This formulation targets energy levels and emotional well-being, helping individuals rekindle their passion for life. It's perfect for those looking to boost their physical vitality, improve their mood, and enrich their daily routines with a sense of rejuvenation. Youth Cognitive Development: For the younger generation facing academic pressures and demanding extracurricular activities, our youth-focused product supports mental clarity, cognitive development, and focus. It's a game-changer for those looking to excel in their formative years with enhanced mental performance."
GIC

Hot Stocks

09:23 EDT Global Industrial enters partnership with NY Islanders, UBS Arena - Global Industrial Company announced a multi-year marketing partnership with the New York Islanders and UBS Arena. The partnership expands the Company's sports marketing program and enhances its ability to drive brand awareness and deepen customer engagement to both local and national audiences. With the new partnership, Global Industrial will feature its The Source For Industrial Supplies tagline through branding initiatives at all Islanders home games held at the state of the art UBS Arena at Belmont Park, as well as at the Northwell Health Ice Center practice facility. Global Industrial will sponsor the Islanders' Ice Crew through branded gear and essential ice removal and clearing equipment, to help maintain the world-class ice conditions. In addition, Global Industrial will partner with the Islanders to support community philanthropy events that benefit the Islanders Children's Foundation, promote girls' youth hockey, and recognize military service members along with their support organizations. Global Industrial will also participate in the UBS Arena Business Alliance, an exclusive membership network of team and arena partners.
UGRO

Hot Stocks

09:23 EDT Urban-Gro secures contract for architectural, interior design services - urban-gro announced that the firm has been selected to provide full architectural and interior design services for the new Henry County Water Authority project. Work is commencing immediately, and the majority of the contracted revenue is expected to be recognized by the end of the second quarter of 2025.
ESEA

Hot Stocks

09:22 EDT Euroseas announces one-year charter contract for M/V Jonathan P - Euroseas announced a time charter contract for its 1,732 teu feeder containership, M/V Jonathan P, for a minimum period of 11 to a maximum period of 13 months at the option of the charterer, at a gross daily rate of $20,000. The new charter will commence after the completion of her scheduled intermediate survey, expected around mid-to-end of October 2024.
AKBLF

Hot Stocks

09:21 EDT ALK-Abello announces FDA approval of AccuTest allergy skin testing devices - ALK announced the licensing of a new line of ALK branded allergy skin testing devices and well trays. This new line includes the AccuTest-1, AccuTest-8 and AccuTest-10 Allergy Skin Testing Devices for allergy testing and diagnosis as well as the AccuTest 48-well and 60-well allergen trays. The new line consists of the single skin prick testing device, AccuTest-1, and the multi-head AccuTest-8 and the AccuTest-10. The multi-head applicators are 8-head and 10-head models, respectively, and are designed with enhanced ergonomics, like larger top surface area and ribbed grip, for more uniform pressure leading to more consistent and reliable results. Both single prick and multi-head devices feature smaller tine lengths and diameters, to increase accuracy and minimize discomfort to the patient.
FMCC

Hot Stocks

09:21 EDT Freddie Mac announces tender offer for certain STACR notes - Freddie Mac has commenced a fixed-price cash tender offer for the purchase of any and all of the STACR Notes beginning Monday, October 7, 2024. Certain of the classes of Notes subject to the Offer were issued by the STACR Trust. Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust. Freddie Mac has engaged Wells Fargo Securities, LLC and StoneX Financial Inc. as lead dealer managers and CastleOak Securities, L.P. as co-dealer manager for the Offer. Freddie Mac is offering to purchase any and all of the Notes listed. The applicable Total Consideration to be paid by Freddie Mac to holders that tender Notes accepted for purchase pursuant to the Offer will be calculated based on the original principal amount of such tendered and accepted Notes, the applicable factor, and the applicable Tender Offer Consideration identified in the table below, plus any accrued and unpaid interest under the applicable Debt Agreement or Indenture upon the terms and subject to the conditions set forth in the Offer to Purchase dated October 7, 2024 and related Notice of Guaranteed Delivery dated October 7, 2024. Capitalized terms used and not otherwise defined herein will have the meaning ascribed to such terms in the Offer to Purchase. The tender offer period will commence on Monday, October 7, 2024, and expire at 5 p.m., New York City time, on Friday, October 11, 2024 unless extended. Holders must validly tender their Notes at or prior to the Expiration Time. Notes validly tendered may be withdrawn at any time at or prior to 5 p.m., New York City time, on Friday, October 11, 2024, unless extended by Freddie Mac, but not thereafter.
HBM

Hot Stocks

09:19 EDT Hudbay reaches settlement in lawsuits related to former Guatemala operations - Hudbay Minerals has reached a final settlement with all plaintiffs in three civil lawsuits brought against the company regarding alleged actions that occurred in Guatemala in 2007 and 2009. This settlement concludes all outstanding legal matters related to Hudbay's former activities in Guatemala. Hudbay was named in the civil suits because of its ownership of the Fenix nickel project, which was acquired in 2008. In one of the lawsuits, brought by 11 female plaintiffs, the allegations against the Guatemalan company that owns the project predate Hudbay's ownership. In 2011, Hudbay divested itself of its holdings in Guatemala and has had no operations there since that time. "Hudbay is pleased to have reached a mutually agreed settlement that covers all three cases against the company. These matters have been outstanding for more than a decade, and the Board and management at Hudbay are pleased to bring them to a conclusion," said Peter Kukielski, Hudbay's President and Chief Executive Officer. "In doing so, we recognized the difficult economic and social circumstances of the plaintiffs and we are thankful for a constructive resolution with the plaintiffs and their counsel." The terms agreed with the plaintiffs confirm the settlement is without admission of liability and the parties continue to have fundamentally differing views on the facts underlying the allegations, including the allegations of misconduct by Hudbay's subsidiaries.
ISPO

Hot Stocks

09:18 EDT Inspirato CFO Robert Kaiden to depart, Michael Arthur to succeed - Inspirato announced the promotion of Michael Arthur to CFO. Robert Kaiden, the current CFO, has planned to transition out of the role effective November 8, 2024. The Company also named three new members to its Board of Directors. Arthur joined Inspirato in February 2023 and has served as Senior Vice President of Finance, overseeing Corporate Finance, FP&A and Treasury. Prior to Inspirato, he spent more than 10 years in finance, accounting, and corporate strategy roles at PwC and VF Corporation. He will replace current CFO, Robert Kaiden, effective November 8, 2024. In addition to Mr. Zamani taking over as the Chairman of the Board of Directors, in the third quarter, the Company appointed three new members to its Board of Directors, including current Inspirato President David Kallery. The other two new members joining Inspirato's Board of Directors include: Julie Wainwright, Founder and former CEO of The RealReal. May Samali, Founder & CEO of Human Leadership Lab.
SMTI

Hot Stocks

09:16 EDT Sanara MedTech appoints Keith Myers to board of directors - Sanara MedTech announced changes to its Board of Directors. After a long tenure of service with the predecessor company and Sanara, Mr. James "Jim" Stuckert has resigned from his position as a director, and Mr. Keith Myers has been appointed to serve as a director on the Board in order to fill the vacancy resulting from Mr. Stuckert's resignation. Mr. Stuckert will continue to serve the Board as Director Emeritus. Myers is the chairman and CEO emeritus of LHC Group.
TTOO CAH

Hot Stocks

09:15 EDT T2 Biosystems enters exclusive U.S. agreement with Cardinal Health - T2 Biosystems (TTOO) has entered into a multi-year exclusive U.S. agreement with Cardinal Health (CAH),. Under the agreement, Cardinal Health will have exclusive rights to sell T2 Biosystems' FDA-cleared direct-from-blood diagnostics for the rapid detection of sepsis-causing pathogens, including the T2Dx Instrument, the T2Bacteria Panel, and the T2Candida Panel.
NNE

Hot Stocks

09:13 EDT Nano Nuclear Energy appoints two to Nuclear Technology, Engineering team - NANO Nuclear Energy announced that Professor Andrew W. Woods, Ph.D. and Alejandra de Lara, Ph.D. has joined its Nuclear Technology and Engineering Team.Dr. Woods' research focuses on developing simplified mathematical and experimental models to study complex fluid flow and heat transfer processes in single and multiphase flow. Applications of his work span various fields, including the dynamics of explosive volcanic eruptions, geothermal power generation, carbon sequestration, and large scale, subsurface energy storage. In recognition of his contributions, Dr. Woods was elected a Fellow of the Royal Society in 2017. He is a Professor in the University of Cambridge. Dr. de Lara earned her Ph.D. at the University of Cambridge, sponsored by Framatome, where her work centered on adapting fuel codes for molten salt reactors and analyzing their benefits compared to light water reactors.
BNAI

Hot Stocks

09:11 EDT Brand Engagement Network completes data integration with Dealer.com - Brand Engagement Network announced the completion of its data integration with Cox Automotive. This collaborative integration aims to address industry challenges in the automotive space. BEN's data integration allows Cox Automotive to harness the power of BEN's human-like AI Assistants as multimodal conversational resources tailored for unique purposes. These assistants are designed to help customers and enhance professionals to improve customer interactions and experiences. The AI Assistants are accessible on Dealer.com websites as an app and web browser, plus they can also be deployed through life-size kiosks in automotive settings to provide a seamless experience from the web to the dealership.
AVGO

Hot Stocks

09:10 EDT Broadcom announces general availability of BCM68660, BCM55050 - Broadcom announced the general availability of the BCM68660 and BCM55050, the industry's first merchant silicon 50G PON Optical Line Terminal-Optical Network Unit devices with an embedded neural processing unit, designed to accelerate artificial intelligence and machine learning at the edge and enable telecom operators to drive new applications on 50G fiber broadband networks. The BCM68660 standalone 50G PON OLT SoC interoperates with the BCM55050 50G PON ONU and other available ITU standards-based 50G ONUs, providing telecom operators a complete end-to-end 50G PON ecosystem of solutions for 50G fiber broadband.
NOK NTDTY

Hot Stocks

09:09 EDT Nokia, NTT Data expand global Private 5G partnership - Nokia has announced a global go-to-market partnership with NTT DATA, to advance Private 5G transformation in key sectors such as airports and smart cities. The collaboration addresses the growing need and demand for reliable and modern connectivity solutions for critical business and municipal operations and is already demonstrating success with key customers. The first North American deployment is an enterprise-ready, carrier-grade Private 5G Radio Access Network for the City of Brownsville, marking a key milestone for the collaboration. The City of Brownsville leverages Nokia's leading 5G radio access portfolio and NTT DATA's globally available Private 5G Network-as-a-Service platform, which delivers a comprehensive, turnkey solution that goes beyond connectivity to deliver exceptionally reliable, high-bandwidth, low-latency wireless capabilities for their mission-critical environments.
PL

Hot Stocks

09:07 EDT Planet Labs signs contract with American Crystal Sugar Company - Planet Labs announced that they have signed a contract with American Crystal Sugar Company, through Planet partner SatAgro, a precision agriculture company. Leveraging Planet satellite data, American Crystal Sugar is informing their advanced sugar beet monitoring work in the northern United States. As the largest beet sugar producer in the U.S., American Crystal Sugar's grower-owned cooperative provides about 15% of America's finest quality sugar. With this collaboration, American Crystal Sugar has taken innovative strides to research and invest in some of the latest global capabilities offered for precision farming. The company is now able to process and analyze PlanetScope satellite data within SatAgro's tailor-made interface, providing the company near daily insights about harvest progression, yield formation speed and yield forecast, in order to support informed decisions on crop management.
GM

Hot Stocks

09:07 EDT GMC joins Electrify Expo lineup as exhibitor for 2024 season - Electrify Expo announced that GMC will join its impressive lineup of exhibitors for the remainder of the 2024 season. The addition of GMC offers attendees yet another sought-after brand to interact with and underscores the fun, consumer-centric approach Electrify Expo has to offer. GMC will join Electrify Expo at its final two locations for 2024, New York October 12-13, and Austin, TX November 9-10. GMC will showcase its growing portfolio of EVs, including ride and drive demos with the HUMMER EV Pickup and SUV, and display of the all-new Sierra EV. Festival goers will have the unique opportunity to feel the thrill of these electric models through immersive hands-on experiences designed to demystify the technology and amplify the excitement of electric vehicles.
VZ

Hot Stocks

09:06 EDT Verizon to expand Fios internet in Rhode Island - In partnership with the Rhode Island Commerce Corporation, Verizon plans to expand its all-fiber, high-speed broadband, reliable service to over three thousand underserved addresses in Jamestown and Westerly. This expansion includes $3.6 million in funding as part of the American Rescue Plan Act and will deliver fast, fiber broadband service to residents in underserved parts of the state. More than 54 miles of fiber will be deployed in connection with the build - longer than the distance from the northern most to the southernmost tip of the state.
AMTM

Hot Stocks

09:06 EDT Amentum awarded $256M NASA contract - Amentum was awarded the Fully Integrated Lifecycle Mission Support Services II contract by NASA with a maximum value of $256M to spearhead cutting-edge technologies and manage groundbreaking science projects in support of NASA's exploration and aeronautics objectives at the Ames Research Center. Through this partnership, Amentum will introduce advanced project management tools that will enhance NASA's capabilities in space science and exploration.
CTRM

Hot Stocks

09:06 EDT Castor Maritime announces delivery of M/V Raphaela - Castor Maritime took delivery of the M/V Raphaela, the 2008-built 1,850 TEU containership vessel it had agreed to acquire as previously announced on September 10, 2024. The vessel acquisition was financed in its entirety with cash on hand. As previously announced, the M/V Raphaela will be employed under a time charter contract with a duration of about four months at a gross daily rate of $29,000.
MNTK

Hot Stocks

09:05 EDT Montauk Renewables enters pilot agreement with Emvolon - Emvolon announced an agreement with Montauk Renewables, a renewable energy company specializing in the management, recovery and conversion of biogas from waste into renewable natural gas. Leveraging Emvolon's patented technology, the initial pilot is a commercial-scale demonstration of recovering and converting biogas into green methanol, which is expected to take place at Montauk's renewable gas production site at a landfill in Humble, Texas.
ASTE SUM

Hot Stocks

09:05 EDT Astec appoints Brian Harris as CFO - Astec Industries announced the appointment of Brian J. Harris as its CFO, effective immediately. In connection with the appointment of Mr. Harris, Heinrich Jonker will step down from his role as Interim CFO and will continue to serve as Vice President Finance - Infrastructure Solutions of the Company. Harris previously served as Executive Vice President and CFO of Summit Materials.
LPLA

Hot Stocks

09:04 EDT LPL Financial: Morristown Wealth joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisors Don Giovanello, Jr., and Gian Paolella, CFP, with Morristown Wealth Management have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported having served approximately $340 million in advisory and retirement plan assets and join LPL from Raymond James Financial Services. The Morristown, N.J., -based family practice was established in 2009 by Don Giovanello, Sr., a beloved advisor who sadly lost his battle to cancer in 2018. His son, Don Jr., grew up immersed in the business and joined the practice in 2010 right out of college. He credits his father as a mentor and the driving inspiration for his career path and unwavering work ethic. Gian, who is Don, Jr.'s brother-in-law, is partner in the firm, joining in 2018 following an initial career in investment product sales. Rounding out the group is longtime practice manager Ellen Luithle, who started her career 25 years ago working alongside Don Sr. and continues to be an integral part of the team.
TTOO

Hot Stocks

09:03 EDT T2 Biosystems sees Q4 sepsis product revenue $2.5M-$3.5M - The Company now expects fourth quarter 2024 total sepsis product revenue of $2.5 million to $3.5 million, representing growth of 49% to 109% compared to the fourth quarter of 2023. The Company's 2024 revenue guidance consists entirely of sepsis product revenue and does not include potential sales of the T2Biothreat Panel or the T2Lyme Panel.
CLSK

Hot Stocks

09:03 EDT CleanSpark says 'normal operations have resumed' after Hurricane Helene - CleanSpark announced normal operations have resumed after 365 MW of power was shut down in the wake of Hurricane Helene. The company's hashrate has since reached 28.7 EH/s.
LCID

Hot Stocks

09:01 EDT Lucid Group produced 1,805 vehicles, delivered 2,781 vehicles during Q3 - Lucid Group announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.
DOMH

Hot Stocks

09:00 EDT Dominari Holdings appoints James Hopkins as MD, head of capital markets - Dominari Holdings has further expanded its practice with the appointment of capital markets veteran James Hopkins as Managing Director Head of Capital Markets. Mr. Hopkins brings over three decades of capital markets and investment banking experience to Dominari. He has led and structured hundreds of transactions during his career over a broad range of financial instruments ranging from debt, equity, IPOs, secondary offerings, bridge financings and PIPEs. Most recently, he served as Head of Capital Markets at Dawson James Securities, where he spent more than 10 years originating, structuring and placing the firms' offerings.
QNTM

Hot Stocks

08:59 EDT Quantum Group says Celly Nutrition signs master distribution agreement - Quantum BioPharma provides an update by way of a news release issued by Celly Nutrition and its launching of unbuzzd. On October 7, 2024, Celly Nu announced signing a Master Distribution Agreement with FUSION Distribution Group across Puerto Rico, The Caribbean, and parts of Central and South America.
KRON

Hot Stocks

08:56 EDT Kronos Bio nominates development candidate for Sjogren's Disease - Kronos Bio announced the nomination of a development candidate, KB-7898, a p300 lysine acetyltransferase inhibitor for the potential treatment of Sjogren's disease, a chronic autoimmune disease that is characterized by the production of autoantibodies, chronic inflammation and lymphocytic infiltration of the exocrine glands that lead to uncomfortable dryness symptoms, known as sicca. Systemic effects are common and impact the lungs, kidneys and nervous system in addition to extensive dryness, profound fatigue and chronic pain. There are no approved treatments that target the underlying cause of Sjogren's disease. Kronos Bio plans to initiate Investigational New Drug-enabling studies of KB-7898 in the fourth quarter of 2024. KB-7898 is being developed as an orally available therapy for people with Sjogren's disease. p300 is an important cofactor for interferon regulatory factor 4 to enact immune responses across multiple cell types, including those that produce antibodies and cytokines. Given this, Kronos Bio also intends to explore the utility of KB-7898 in other autoimmune diseases in the future. The Company's preclinical data that support the role of p300 in inflammatory indications, including Sjogren's disease, will be presented at the American College of Rheumatology's annual meeting, ACR Convergence 2024, on November 18, 2024, in Washington, DC. The data are summarized as follows: Inhibition of the KAT activity of p300, a critical cofactor of proinflammatory transcription factors, resulted in selective downregulation of cytokines such as TNFalpha, IL-23, IL-17A as well as soluble IgG Selective gene expression changes occurred at doses corresponding to partial inhibition of p300 KAT activity p300 KAT inhibition also led to significantly decreased inflammation in the rat CIA model, as measured by joint swelling, clinical score and histopathology In addition, p300 KAT inhibition in vitro showed a reduction in IL-17 transcript and protein levels in Th17 cells and, in vivo, showed significant decreases in the secondary immune response in the KLH challenge model.
BFRI

Hot Stocks

08:53 EDT Biofrontera says FDA approves use of up to 3 tubes of Ameluz topical gel 10% - Biofrontera announced that the U.S. FDA has approved the company's sNDA to increase the maximally approved dosage from one to three tubes of Ameluz per treatment. This approval allows healthcare professionals greater flexibility in addressing larger or multiple treatment areas for patients undergoing photodynamic therapy for AK on the face and scalp, leading to greater convenience for both healthcare providers and their patients, Biofrontera said in a statement. "We are delighted with the FDA's decision to approve the use of up to three tubes of Ameluz per treatment," stated Dr. Hermann Luebbert, CEO and Chairman of Biofrontera Inc. "We are now working with Medicare and commercial payers to obtain reimbursement for this label update and will notify our customers accordingly." The sNDA was supported by two clinical Phase I safety studies in which three tubes of Ameluz were applied to 116 patients. The studies showed that the blood concentrations of the active ingredient and the metabolite were several magnitudes below those at which side effects are known to occur, and that the systemic and application site adverse events were equivalent to those observed with one tube of Ameluz.
INZY RARE

Hot Stocks

08:53 EDT Inozyme appoints Erik Harris to board of directors - Inozyme Pharma, Inc. (INZY) announced the appointment of Erik Harris to its Board of Directors, effective October 3, 2024. Mr. Harris, who currently serves as Chief Commercial Officer and Executive Vice President at Ultragenyx (RARE), brings to Inozyme over 20 years of commercial expertise within the biopharma industry.
TBNK HOPE

Hot Stocks

08:52 EDT Territorial Bancorp urges shareholders to vote for Hope Bancorp merger - Territorial Bancorp Inc. (TBNK) announced it is mailing a letter to Territorial shareholders in connection with the company's upcoming Special Meeting of Stockholders to vote on the proposed merger with Hope Bancorp, Inc. (HOPE) and related proposals. The Special Meeting is scheduled for November 6, 2024 at 8:30 a.m., Hawai'i Time. The merger is a 100% tax free, stock-for-stock transaction under which Territorial shareholders will receive 0.8048 shares of Hope Bancorp common stock for each share of Territorial common stock they own. This per share consideration represents an approximate 25% premium to Territorial's closing stock price just prior to the merger announcement. Territorial said shareholders will benefit from the considerable upside value of the stronger combined company as well as $10.5M of incremental value from annual merger enabled cost savings and synergies, and Hope Bancorp's dividend, which is more than 1,000% higher than Territorial's standalone quarterly dividend. Territorial also said Blue Hill does not have committed financing, and its suggested transaction is dependent on numerous conditions, including its ability to overcome significant regulatory hurdles in a regulatory process that Blue Hill has not yet started. Blue Hill is a newly created entity and appears to lack M&A and regulatory experience with transactions of this size and complexity, Territorial argues. The Territorial Board of Directors unanimously recommends that shareholders vote FOR the Hope Bancorp merger and related proposals.
TLS

Hot Stocks

08:51 EDT Telos expands enrollment, renewal options by opening twelve locations - Telos Corporation continues to expand locations to enroll consumers in the TSA PreCheck program by opening twelve new locations in California, Florida, Illinois, Mississippi, North Carolina, Oklahoma, Oregon, Texas and West Virginia. These locations will begin offering enrollment services today, October 7, 2024. Telos now has 137 TSA PreCheck enrollment centers open in 28 states 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.
ORBT

Hot Stocks

08:51 EDT Orbit International announces reinstatement to OTC Pink Market - Orbit International announced that trading of its stock has been reinstated to the OTC Pink Market effective Monday, October 7, 2024. The Company's stock had been trading on the OTC Expert Market since May 16, 2023.
GLTO

Hot Stocks

08:50 EDT Galecto determines not to further advance GB2064 - Galecto continues to develop GB1211, its first-in-class, oral small molecule, galectin-3 inhibitor for the treatment of oncology and severe liver cirrhosis. GB1211 is currently being studied in an investigator-initiated Phase 2 trial at Providence Portland Medical Center's Earle A. Chiles Research Institute. GB1211 is being administered in combination with the standard therapeutic dose of pembrolizumab in patients with unresectable or metastatic melanoma or recurrent or metastatic HNSCC progressing during or after platinum-containing chemotherapy. This trial is designed to evaluate the safety and efficacy of GB1211 in combination with pembrolizumab and determine whether the addition of GB1211 increases the response rate of pembrolizumab in metastatic melanoma and HNSCC patients. This trial was initiated and enrolled its first patient in the second quarter of 2024. In addition, during the second half of 2023, Galecto concluded its Phase 1b/2a trial examining GB1211 in combination with atezolizumab, a PD-L1 checkpoint inhibitor, for the treatment of first-line non-small cell lung cancer. Four patients in this trial showed a partial response according to RECIST criteria (version 1.1), and two of these four patients continue to receive treatment in the extension phase of the trial. As part of the strategic alternative review process, Galecto has determined not to further advance GB2064, its LOXL-2 inhibitor candidate, at this time.
GLTO

Hot Stocks

08:48 EDT Galecto plans to file IND for BRM-1420 in late 2025/early 2026 - BRM-1420 is a potent and selective ENL-YEATS and FLT3 inhibitor of multiple genetic subsets of AML. It disrupts key oncogenic pathways by inhibiting these domains, showing potent activity in MLLr and NPM1c cell lines. Promising preclinical and in vivo results highlight its efficacy in inhibiting leukemia cell growth and extending survival in AML models. In animal models, BRM-1420 exhibited superior efficacy to both FLT3 and menin inhibitors and was shown to inhibit cell proliferation in primary AML patient samples across multiple genotypes, including MLL-r, NPM1m, cKIT+, FLT3+, TET2+, and TP53+. These mutations are often seen in AML and, in total, could account for greater than 30% of the AML patient population. Many of these mutations have proven difficult to treat with currently available regimens and therefore represent a significant unmet medical need. The Company believes, based on preclinical data, that BRM-1420 could be additive or synergistic when used in combination with the current standard of care (azacitidine, venetoclax, cytarabine, gilteritinib), as well as current therapies under development, such as menin inhibitors. Galecto plans to file an IND for BRM-1420 in the US in late 2025 or early 2026 and initiate clinical studies in patients with AML thereafter. Exclusive global rights to the program were assigned by Bridge Medicines to Galecto through a license with The Rockefeller University. The pioneering discoveries were a result of collaboration between the Rockefeller University and the Tri-Institutional Therapeutics Discovery Institute (Tri-I TDI), followed by licensing by Bridge Medicines.
GLTO TAK

Hot Stocks

08:47 EDT Galecto completes strategic review, will focus on oncology, liver disease - Galecto (GLTO) announced that, following an intensive strategic review process, Galecto has determined to focus on cancer and liver disease, leveraging its existing clinical stage asset GB1211, which has shown positive results in non-small cell lung cancer and decompensated cirrhosis clinical studies. Galecto further announced that it has bolstered its pipeline with the acquisition of the global rights to BRM-1420, a novel, first-in-class asset developed by Bridge Medicines, a company co-founded by Takeda (TAK). "Our strategic review process concluded that our best opportunity for building value and changing the lives for patients with severe diseases was to focus on our existing clinical stage compound GB1211 and increase our chance for success by acquiring complementary assets. The addition of BRM-1420 represents a significant advancement in our mission to develop and deliver breakthrough treatments for oncology and liver conditions," said Dr. Hans Schambye, CEO of Galecto. "We are particularly optimistic about BRM-1420's potential to address challenging genetic subsets of AML and its observed synergistic effects with standard-of-care therapies and menin inhibitors." As consideration for the acquisition of the global rights of BRM-1420, Galecto issued 62,594 shares of common stock to Bridge Medicines, representing 4.99% of the outstanding shares of Galecto's common stock as of the date of the asset purchase, and 160.562 shares of a newly-issued Series A preferred stock convertible into 160,562 shares of common stock, or approximately 12.8% of Galecto's common stock, upon receipt of stockholder approval. Matthew Kronmiller, Bridge Medicine's Chief Executive Officer, will be joining Galecto's management team as the Executive Vice President of Strategy and Chief Business Officer. The transaction was approved by the Boards of Directors of both companies.
OMQS

Hot Stocks

08:45 EDT Omniq, NEC collaborate to enhance public safety, security - OMNIQ announced its continued collaboration with NEC. Together, the companies are bringing modern innovations to public safety and security markets, harnessing the strengths of both organizations to deliver unparalleled technological advancements.This relationship aims to greatly enhance security and operational efficiency in public safety. By combining OMNIQ's AI-driven face capture and vehicle recognition with NEC's advanced facial recognition and database technologies, this collaboration provides comprehensive solutions to key challenges in law enforcement, transportation, military, and urban infrastructure sectors.
BRFH

Hot Stocks

08:42 EDT Barfresh Food Group commences sales of 'Pop & Go' freeze pops - Barfresh Food Group has commenced selling its new 100% juice freeze pop, "Pop & Go", to the education channel. The Company expects to start generating revenue from Pop & Go in the fourth quarter of this year. Pop & Go contains a half-cup of fruit juice, no added sugars, no preservatives, artificial flavors or colors, and is compliant with USDA reimbursable meal programs and Smart Snack compliant. This new item complements the Company's existing school offerings, including 1:1 bulk easy pour, 5:1 juice concentrates, and Twist & Go products.
AMPG

Hot Stocks

08:41 EDT AmpliTech Group receives notice of allowance for patents in 5G, cryogenic tech - AmpliTech Group announced that the United States Patent and Trademark Office has issued a Notice of Allowance for AmpliTech Group's patent application related to their 5G Technology, based on its proprietary low noise technology and a patent for its cryogenic solution for Quantum Computing Applications. The formal patent certificates will be issued within the next 30 - 45 days. These patents, protect AmpliTech's proprietary technology that enhances the performance and efficiency on both of these very pivotal business segments for the company. The Quantum Computing and 5G technologies are critical parts in the company's growth strategy. These patents also validate their innovative approach as a key player in the rapidly growing field of the 5G industry as well as the quantum computing industry. This technology is expected to revolutionize numerous industries, including telecommunications, data analysis, and artificial intelligence.
INSE

Hot Stocks

08:40 EDT Inspired Entertainment to showcase solutions at G2E - Inspired Entertainment is set to showcase its latest advancements at the Global Gaming Expo at the Venetian in Las Vegas, Nevada from October 10-12. The Company is excited to highlight the drivers behind its transformation of the gaming experience. The Hybrid Dealer product line represents a standout innovation in gaming, blending the best elements of traditional live dealer experiences with the efficiency and scalability of RNG technology. Unlike traditional live dealer setups, Inspired's Hybrid Dealer games do not need physical studios. By integrating computer-generated imagery, green screen technology, and authentic footage of real dealers, Inspired delivers a dynamic gaming experience made possible by their proprietary technology. In addition to showcasing new Hybrid Dealer games, Inspired will unveil its new Valiant portrait cabinet, designed specifically for North American route markets. This advanced cabinet boasts a larger display area, a user-friendly interface, and stunning 4K resolution, creating a compelling experience for players. With G2S-ready compatibility and an array of extensively tested content, the Valiant cabinet represents a significant enhancement for operators and slot players in Illinois.
IBO

Hot Stocks

08:39 EDT Impact BioMedical announces completion of IPO - Impact BioMedical announced the completion of its Initial Public Offering. Notable is that over 30% of the IPO was purchased by existing investors which further demonstrates strong belief in the company and its potential. Frank D. Heuszel, CEO of Impact BioMedical, commented, "The significant participation of our investors underscores their confidence in our mission and the innovative healthcare solutions we are developing. Their support is a testament to the value they see in our work and our potential to make a meaningful impact on human health."
XPON

Hot Stocks

08:38 EDT Expion360 announces 1-for-100 reverse stock split - Expion360 announced that its Board of Directors authorized the stockholders approved 1-for-100 reverse stock splitof its common stock, par value $0.001 per share. The Reverse Stock Split will become effective at 5:00 p.m. Pacific Time on October 8, 2024. The Common Stock will continue to trade on The Nasdaq Capital Market under the symbol "XPON" and will begin trading on a post-split basis when the market opens on October 9, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 30218B 209. The Reverse Stock Split is intended to enable the Company to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.
CPSS

Hot Stocks

08:37 EDT Consumer Portfolio integrates Informed.IQ's Dealer Verify into loan origination - Consumer Portfolio Services announced the integration of Informed.IQ's Dealer Verify tool into its loan origination process. This advanced AI-driven solution enhances the dealer experience by automatically verifying stipulations, improving capture rates, and reducing contracts-in-transit. CPS has consistently focused on leveraging technology to enhance its operations across the subprime auto lending cycle. For years, CPS has utilized AI and machine learning to streamline its underwriting processes, improve risk management, and optimize dealer performance. The Company's proprietary AI-driven models have enabled the approval of higher-quality loans, resulting in better credit performance, enhanced collections, and stronger portfolio growth. With the integration of Dealer Verify, CPS is further expanding its use of AI to improve dealer efficiency. By automating the collection and real-time verification of key consumer stipulations-such as proof of income, bank account statements, and other necessary documents-Dealer Verify enables CPS dealers to process loans more quickly and accurately, reducing delays, minimizing fraud risk, and enhancing customer satisfaction.
LKCO

Hot Stocks

08:36 EDT Luokung Technology regains compliance with Nasdaq minimum bid price rule - Luokung Technology received a letter from the Nasdaq Stock Market notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement. The letter noted that as of September 30, 2024, the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for 10 consecutive business days. Nasdaq stated that accordingly, Luokung has regained compliance with Nasdaq Marketplace Rule 5550(a)(2), and Nasdaq considers the matter closed.
OESX

Hot Stocks

08:35 EDT Orion Energy secures five-year, $25M contract to supply LED lighting fixtures - Orion Energy Systems announced the signing of a 5-year contract extension with an existing major retail customer to supply all interior and exterior LED lighting fixtures for their expanding schedule of new store construction projects. Orion estimates the annual value of the contract to range between $4.5M to $6M for a total potential value of $23M-$30M. Initial product shipments are expected to commence in Orion's fiscal 2025 third quarter.
SPGC

Hot Stocks

08:34 EDT Newton Golf introduces Newton Motion shafts with high swing speeds - NEWTON GOLF announces the release of its latest innovation - the advanced Newton Motion shafts designed specifically for golfers with higher swing speeds. Building on the success of the original Newton Motion shafts, which feature a flex system ranging from the most flexible shaft at 1-dot to the stiffest at 6-dots, the new driver and fairway woods shafts extend the flex scale with the introduction of 6.5-dot and 7-dot options. The new models have been engineered to meet the demands of elite players, including professionals on the PGA Tour, Korn Ferry Tour, and Champions Tour, as well as top collegiate golfers. Each shaft is tailored to offer precise control, enhanced feel, and greater performance for high-speed swings.
LDOS

Hot Stocks

08:34 EDT Leidos names Leslie Fautsch as chief human resources officer - Leidos announced the appointment of Leslie Fautsch as the company's new chief human resources officer. In this role, Fautsch will be responsible for supporting 48,000 Leidos employees worldwide and shaping the company's differentiated workforce strategy. Fautsch has over 20 years of experience and has served Leidos in various HR capacities for nearly 14 years, most recently leading enhancements to the company's total rewards programs and redefining the human capital strategy.
TRIB

Hot Stocks

08:34 EDT Trinity Biotech announces trial results for next-gen CGM technology - Trinity Biotech announced the completion of its first pre-pivotal clinical trial in Europe for its next-generation continuous glucose monito technology. The study assessed the analytical performance of CGM technology enhancements implemented by Trinity Biotech since acquiring the technology from Waveform Technologies in January 2024. "We have made significant progress in the development of our next generation factory-calibrated CGM, combining a high degree of accuracy with a unique modular design that simplifies and enhances user experience, while significantly reducing cost and waste," stated John Gillard, President and Chief Executive Officer of Trinity Biotech. "The outcome of this pre-pivotal study confirms the effectiveness of the R&D plan executed since the acquisition of the Waveform Technologies assets earlier this year and will be used to guide further sensor design optimisations." Trinity Biotech implemented a research and development plan aimed at improving both the performance and usability of the CE-marked, 15-day wear CGM device. Key design modifications introduced in this study include a significant reduction in the biosensor wire length, a change aimed at enhancing in-body performance. The trial results demonstrated that the refined sensor achieved a mean absolute relative difference (MARD) that compares favourably to the previous Waveform device.
ISPR

Hot Stocks

08:33 EDT Ispire Technology signs five-year master distributor agreement with ANDS - Ispire Technology announced a landmark five-year master distributor agreement with ANDS, a distributor in the MENA region specializing in non-combustion nicotine delivery solutions based in Dubai. This partnership marks a significant step in Ispire's global expansion strategy, enabling the company to bring its Hidden Hills Club nicotine portfolio to the Middle East, North Africa region and Global Duty-Free markets. Under the agreement, Ispire and ANDS will commercialize the Hidden Hills Club brand across 20+ MENA markets, leveraging ANDS' extensive partnerships with major duty-free operators, providing access to more than 45 airports, cruise ships, airlines and diplomatic facilities.
OPTT

Hot Stocks

08:33 EDT Ocean Power confirms shipment of Merrows PowerBuoy for Middle East - Ocean Power has received customer confirmation to ship to a customer in the Middle East the previously announced shipment ready AI capable Merrows PowerBuoy.
IMNN

Hot Stocks

08:32 EDT Imunon reports inducement grant under NASDAQ listing rule - IMUNON announced that the Compensation Committee of the Company's Board of Directors approved the grant of inducement stock options to purchase a total of 60,000 shares of the Company's common stock to one individual hired by Imunon during the fourth quarter of 2024 and inducement stock options to purchase a total of 50,000 shares of common stock to Susan Eylward, hired by Imunon as General Counsel and Secretary effective October 7, 2024. The Inducement Option Grants were approved in accordance with Nasdaq Listing Rule 5635(c)(4) and were made on October 7, 2024, as a material inducement to each employee's entry into employment with the Company. The Inducement Option Grants have an exercise price per share equal to the closing price of Imunon's common stock as reported by Nasdaq on October 7, 2024. The Inducement Option Grants have a 10-year term and a four-year vesting schedule, with 25% of the shares subject to the option vesting on the first anniversary of the grant date and the remaining underlying shares vesting annually such that they will be fully vested on the fourth anniversary of the grant date, subject to the applicable employee's continued service with Imunon through each applicable vesting date.
WAVE

Hot Stocks

08:31 EDT Eco Wave Power signs agreement for sale of wave energy generation unit with I-Ke - Eco Wave Power announced that it signed an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy Co., a subsidiary of Lian Tat Company, a maritime engineering company, with the purpose of bringing Eco Wave Power's wave energy technology to Taiwan. According to the terms of the agreement, I-Ke will be providing the full financing for the 100KW pilot project, by buying a turnkey conversion unit from Eco Wave Power. This conversion unit for the 100KW wave energy power station includes all the hydraulic and electric conversion parts, coupled with the smart control and automation system. I-Ke has identified the location for the first pilot station of 100KW installed capacity on the east coast of Taiwan (along with an additional 83 potentially suitable sites) and it is responsible for obtaining permits, land use consents and any licensing and approvals necessary to complete the installation of the planned wave energy projects. Moreover, I-Ke will locally produce the floaters, hydraulic cylinders and all other components of the technology, which are located on the seaside of the marine structure. I-Ke believes this will position Taiwan as the hub for later stage expansion into other Asia Pacific regions. This newly signed agreement, which is based on a memorandum of understanding that was signed between Lian Tat and Eco Wave Power in June 2023, will leverage Eco Wave Power's wave energy conversion technology, which has been deployed in several locations worldwide, to maximize energy extraction and optimize the project's performance for the Taiwanese coastline. According to a press statement made by I-Ke, the first stage of the project will be the development of a 20 MW wave energy power station in Taiwan, beginning with a 100KW pilot and expanding in stages to a total targeted installed commercial capacity of 400 MW.
KRNT

Hot Stocks

08:31 EDT Kornit says Hybrid Digital adds Kornit Apollo to Atlas MAX production lines - Kornit Digital announced that Hybrid Digital, a division of Hybrid Apparel is adding Kornit Apollo to its current Kornit Atlas MAX production lines. The expanded adoption will further the company's screen to digital transformation, key to leveraging digital production as its competitive edge and powering new customer expectations for rapid delivery. Originally a transfer producer and printer, Hybrid Digital made its shift from analog to digital production several years ago to align with emerging production and delivery times demanded by online retail, while ensuring wholesalers can meet requirements for holding little or no wasted inventory. With the Kornit Apollo, Hybrid Digital is responding to the market's new benchmarks for even faster delivery times - speeding production cycles to serve even more customers faster and fueling business growth.
WLDS

Hot Stocks

08:30 EDT Wearable Devices announces 1-for-20 reverse stock split - Wearable Devices intends to effect a one-for-twenty reverse split of the Company's ordinary shares, no par value per share and the Company's tradable warrants. The Ordinary Shares and Warrants will continue to trade on the Nasdaq Capital Market under the existing symbols "WLDS" and "WLDSW", respectively, and will begin trading on a split-adjusted basis when the market opens on October 10, 2024. The new CUSIP numbers for the Ordinary Shares and Warrants following the Reverse Share Split will be M97838 128 and M97838 151, respectively. The Reverse Share Split was approved by the Company's shareholders at the Company's Annual and Special Meeting of Shareholders held on September 26, 2024, to be effected at the board of directors' discretion within approved parameters, and the board of directors has approved the 1-for-20 ratio. The Reverse Share Split will not result in an adjustment to the authorized share capital of the Company under the Company's amended and restated articles of association, as currently in effect, which, as of the date hereof consists of 50,000,000 Ordinary Shares.
YYAI

Hot Stocks

08:27 EDT Yuanyu Enterprise enters exclusive license agreement for matchmaking technology - Connexa Sports Technologies, the 20% owner of Yuanyu Enterprise Management Limited, announced that it has entered into an exclusive license agreement with Eternity Technology Limited, a UK-based entity, covering the UK and Switzerland, as well as major European markets including Austria, Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Building on an earlier term sheet, this agreement incorporates minimum payments to YYEM of more than $19 million across calendar years 2024 to 2026.
CRNC

Hot Stocks

08:24 EDT Cerence CEO Stefan Ortmanns to depart, Brian Krzanich to succeed - Cerence announced that Brian Krzanich has been appointed CEO and a member of the Board of Directors, effective immediately. Mr. Krzanich succeeds Stefan Ortmanns, who is departing as CEO and resigning as a member of the Board. Most recently from 2018 to 2022, Mr. Krzanich served as CEO of CDK Global Inc., a supplier of software to the retail automotive industry.
GMGI

Hot Stocks

08:23 EDT Golden Matrix to showcase expanded portfolio at G2E Las Vegas 2024 - Golden Matrix Group announced that it will be participating in the 2024 Global Gaming Expo, held at The Venetian Expo in Las Vegas, Nevada from October 7 to October 10, at booth #5130. This will be GMGI's inaugural participation at G2E as a combined entity with Meridianbet. At the event, GMGI will present an updated B2B network, emphasizing its state-of-the-art proprietary software, including the unveiling of the brand-new Atlas System, a fifth-generation core system solution that supports both sports betting and iGaming. The new technology helps position GMGI among the top 5% of global industry players with wholly owned proprietary software. Meridianbet, a global sportsbook and iGaming operator, and Expanse Studios, GMGI's wholly owned iGaming content developer, will both be showcased at the booth under the unified GMGI banner. Together, the entities will demonstrate the strength of their collaboration following their acquisitions by GMGI, leveraging their complementary strengths to build global brand awareness and delivering cutting-edge solutions to both operators and players.
NIPG

Hot Stocks

08:22 EDT NIP Group appoints Randy Hearst Harris to board of directors - NIP Group announced the appointment of Randy Hearst Harris as an independent director to its Board of Directors, effective September 24, 2024. Mr. Harris, founder of the sports management company 3V, brings a wealth of experience to NIP Group's Board.
DZSI

Hot Stocks

08:21 EDT DZS says Beanfield leverages DZS Velocity technology - DZS announced that Beanfield, owner and operator of the largest independent fiber network in Toronto and Montreal, has deployed DZS Velocity fiber access platforms and Helix optical network terminals to deliver among the fastest internet speeds in Canada. Beanfield is leveraging DZS' technology to offer its residential and business subscribers multi-gigabit services up to 8 Gigabits per second in multiple dwelling units in many of Canada's largest cities.
BNOX

Hot Stocks

08:20 EDT Bionomics CEO believes company has 'significant, unrealized value' - Bionomics announced that Spyridon "Spyros" Papapetropoulos M.D., Ph.D., President and Chief Executive Officer of Bionomics, issued a letter to Bionomics shareholders, which read in part, "This year continues to be a pivotal year for Bionomics, characterized by numerous wins and essential changes that have enhanced the Company and furthered our goal of creating therapies for the countless individuals suffering from anxiety and stress disorders...Additionally, we are in the final stages of redomiciling the Company to the U.S. and launching Neuphoria Inc, a company with new vision, strategy and CNS pipeline focus to fully leverage the strong U.S. biotechnology ecosystem, while maintaining our Australian presence and potential future tax benefits. During the ordinary course of this process, we plan to consolidate our issued shares of our trading securities and remain compliant with the NASDAQ Stock Market listing rules. Thanks to these efforts, we believe the company is and will be fundamentally in a much stronger position today and moving forward. As shareholders ourselves, we remain disappointed in Bionomics' stock performance, particularly following our Annual Report filling on September 30, 2024. Yet, we believe that Bionomics is significantly undervalued, given our lead asset BNC210 is essentially a novel, "pipeline in a pill", small molecule with unique anxiolytic and antidepressant properties that can bring tremendous benefits to patients suffering from anxiety and stress disorders globally. Following the recent unfavorable industry developments with psychedelics in post-traumatic stress disorder, unrelated to our product pipeline, Bionomics' BNC210 is the only promising registrational stage program with a novel mechanism of action having demonstrated the best clinical study outcomes in decades, with a clear path for an NDA submission, and with one successful registrational quality study already competed, requiring one additional successful Phase 3 trial for potential registration. Of note, BNC210 also has two FDA fast track designations for SAD and PTSD programs, a sizable and favorable safety database supporting a differentiated non-sedating, non-addicting profile and positive datasets in four separate anxiety and stress-related indications. These clinical datasets and designations give us the ability to leverage regulatory privileges that can potentially accelerate review and approval. Moreover, we are also considering submitting a rebuttal in the future regarding the FDA decision to not grant a Breakthrough Designation in PTSD. It should also be noted that not being granted this designation does not in any way derail our progress or pathway in our clinical trials or intended operational success. As we continue executing the Phase 3 program in SAD with anticipated readout in Q3 2025, we are also working diligently on exploring ways to enhance efficiencies and foster potential partnerships that will ensure our ability to drive the Phase 3 trial of BNC210 in PTSD to a successful NDA submission with a single trial. This would be a major achievement for the Company following our successful End-of-Phase 2 meeting with the FDA in June 2024. We have begun trial initiation activities, and we are on track to commence the Phase 3trial in PTSD in the second half of 2025 or sooner, contingent upon successful financing. Our long-standing strategic partnership with MSD on the development of alpha7 receptor PAMs targeting cognitive dysfunction associated with Alzheimer's disease and other central nervous system conditions valued ~$500M is quickly advancing and is anticipated to enter Phase 2 in the near future, triggering a sizable milestone payment for the Company. Along with you, we believe Bionomics has significant, unrealized value that is not yet reflected in the current stock price."
VRSSF

Hot Stocks

08:17 EDT Verses AI provides Q3 corporate update - VERSES AI provides a corporate update. VERSES recently entered into the first joint smart cities project with Analog, an edge computing company focused on seamlessly connecting people, places and things using smart sensors and mixed reality devices. This project is centered around taxi fleet management in Abu Dhabi with the objective of, utilizing Genius, to optimize fleet operations while minimizing congestion and emissions. This pilot project is the first in a series of commercial projects that VERSES and Analog, both G42-funded companies, are in talks to develop together in Abu Dhabi with expected initial generated revenue for VERSES of approximately US$3,000,000. Leveraging Genius, future initiatives in Abu Dhabi intend to focus on projects in key sectors such as smart mobility, healthcare, and energy. James Hendrickson was promoted to Chief Operating Officer to lead the internal organization to meet the staffing, operations, and financial initiatives that prepare VERSES for the future. Operations have already become more streamlined resulting in a 30% reduction in monthly costs and steps are being taken to prepare the Company for easier access to US investors and US markets. Former Chair Jay Samit moved to an executive role with VERSES as Head of Global Partnerships and Michael Blum was announced as the new Independent Chair. Mr. Blum is a co-founder and president of Hedgeye Risk Management, a premier independent investment research house whose customer base advises more than $10 trillion in assets and operates in close to 100 countries. VERSES began its Genius beta program earlier this year and is continuing to work with a targeted group of developers and expects the program to expand with new partners this quarter. The Company also announced completion of a research collaboration with NASA Jet Propulsion Laboratory, which successfully demonstrated cross-platform interoperability between Digital Twin systems for lunar explorations. The project is part of a research phase of the Genius beta program. VERSES, in partnership with the Spatial Web Foundation, worked with JPL researchers to model data using Spatial Web standards with the objective of allowing government agencies, private sector aerospace entities, and universities, each having different technology stacks, to collaborate in a unified real-time simulation of the lunar surface. VERSES research team led by Chief Scientist Dr. Karl Friston, published more than 25 papers in Q3, among which is a paper titled, "From pixels to planning: scale-free active inference," which introduces an efficient alternative foundation to deep learning, reinforcement learning and generative AI called Renormalizing Generative Models that address foundational problems in artificial intelligence, namely versatility, efficiency, explainability and accuracy, using a physics-based approach. RGMs are a versatile "universal architecture" that can be configured and reconfigured to perform many or potentially all of the same tasks as today's AI but with far greater efficiency.
NMIH

Hot Stocks

08:15 EDT NMI Holdings announces S&P rating upgrades - NMI Holdings announced that S&P Global Ratings has raised its long-term insurer financial strength rating on National Mortgage Insurance Corporation to "A-" and its issuer credit rating on NMI Holdings, Inc. to "BBB-". Both ratings carry a stable outlook.
DUOT

Hot Stocks

08:14 EDT Duos Technologies partners with Accu-Tech for edge data centers - Duos Technologies Group, through its operating subsidiary Duos Edge AI announced a strategic partnership with Accu-Tech to accelerate the deployment of edge computing infrastructure across the United States. This collaboration brings together industry leaders to support the rapid expansion of edge computing capabilities, addressing the growing demand for low-latency data processing and improved connectivity in underserved markets.
MNPR

Hot Stocks

08:13 EDT Monopar Therapeutics initiates Phase 1a trial for MNPR-101-Lu - Monopar Therapeutics announced that the Phase 1a clinical trial for its novel therapeutic radiopharmaceutical MNPR-101-Lu is now active and recruiting patients with advanced cancers. The Phase 1a trial is an open-label dose-escalation study of MNPR-101-Lu in patients with solid tumors. The first clinical trial site activated for the study is the Melbourne Theranostic Innovation Centre in Australia. To help identify those patients most likely to benefit from MNPR-101-Lu, the trial will only be open to those participating in the ongoing MNPR-101-Zr Phase 1 imaging and dosimetry clinical trial. MNPR-101 is Monopar's proprietary antibody that targets the urokinase plasminogen activator receptor, which is expressed in numerous tumor types including pancreatic, breast, colorectal, ovarian, and bladder. By selectively targeting uPAR, Monopar aims to deliver a radiopharma therapy that kills cancer cells while minimizing damage to healthy tissue. Both clinical and preclinical data to date have demonstrated highly specific and durable tumor uptake of MNPR-101-Zr.
RARE

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08:12 EDT Ultragenyx receives Breakthrough Therapy Designation for setrusumab - Ultragenyx has received Breakthrough Therapy Designation from the U.S. Food and Drug Administration for setrusumab as a treatment to reduce the risk of fracture associated with osteogenesis imperfecta Type I, III, or IV in patients 2 years of age and older.The FDA's decision is based on preliminary clinical evidence including the positive 14-month results from the Phase 2 portion of the Orbit study, which demonstrated a rapid and clinically meaningful decrease in fracture rate in patients, and from the completed Phase 2b ASTEROID study. Breakthrough Therapy Designation aims to expedite the development and review of drugs that are intended to treat serious or life-threatening diseases and whose preliminary clinical evidence indicates that the drug may demonstrate substantial improvement on one or more clinically significant endpoints over existing therapies.
CORZ

Hot Stocks

08:12 EDT Core Scientific earns 345 self-mined Bitcoin in September
PODC

Hot Stocks

08:10 EDT PodcastOne appoints Jim Lally as head of business development - PodcastOne announced that Jim Lally has joined PodcastOne as its Head of Business Development. He will report directly to PodcastOne's President Kit Gray and will leverage his industry expertise to expand internal sales and publishing synergies, increase talent revenues and the company's prominence with both media buyers and content creators. Lally, an industry veteran, joins from Libsyn Ads, where he served as Director of Brand Partnerships.
INFN

Hot Stocks

08:09 EDT Infinera's XTM Series deployed by Poka Lambro to upgrade network - Infinera announced that Poka Lambro Telecommunications has deployed Infinera's XTM Series to upgrade its regional fiber broadband and middle-mile network across rural western Texas with ReConnect Program funding. With Infinera's solution, Poka Lambro can cost-efficiently deliver 400G services across the region to provide reliable middle-mile connectivity to support its own fiber broadband transport needs and those of other internet service providers and to connect historically underserved communities.
FSS

Hot Stocks

08:08 EDT Federal Signal sees Standard Equipment acquisition accretive to earnings in 2025 - Federal Signal announced that it has completed the acquisition of substantially all the assets and operations of Standard Equipment Company, a distributor of specialty maintenance and infrastructure equipment for municipal and industrial markets. The transaction closed on October 4, 2024. The company expects the acquisition to be accretive to earnings and cash flow in 2025.
WKSP

Hot Stocks

08:08 EDT Worksport targets cash flow positivity in 2025 - Worksport announced key strategic updates along with updates on upcoming product launches aiming to accelerate revenue growth. Strategic Initiatives" Targeting Cash Flow Positivity in 2025: With multiplying revenues and improving margins, the Company believes there is a path toward near-term enterprise profitability. Launching Three New & Highly Demanded Product Lines: Upcoming product lines are aimed at strengthening revenue pathways and brand presence of Worksport going forward. Expanding Market Reach: The Company aims to capitalize on the growing demand for its products within the three multi-billion-dollar markets it operates in. Streamlining Operations: The Company plans to implement targeted cost-saving measures in Q4, aimed to enhance margins and lower operational overhead without compromising growth. Steven Rossi, CEO of Worksport, added: "We are strategically positioned for continued growth and are committed to enhancing shareholder value. Our objective is to push for organic growth, and we reiterate our confidence in the Company's fundamentals and future prospects. With multiple high-demand products set for release and our ongoing innovations in clean energy, we are dedicated to executing our vision and look forward to sharing our progress with our shareholders."
KTOS

Hot Stocks

08:06 EDT Kratos Defense, Radisys partner on OpenSpace solutions - Kratos Defense is partnering with Radisys to develop cloud native 5G-NTN solutions for satellite connectivity. These solutions will be available through Kratos OpenSpace Platform, the only commercially available, fully software-defined satellite ground system. Radisys and Kratos share a common vision for the future of connectivity to provide open standards-based solutions that interoperate seamlessly across terrestrial and space networks. Together, Kratos and Radisys are developing a 5G-NTN satellite base station equivalent to a cellular base station but delivered completely as cloud native software. The ability to do satellite signal processing in software brings standards-based interoperability for quick orchestration of networks within a variety of elastic environments. Doing so better positions satellite operators and service providers to capture the $35 billion in revenue opportunities over the next decade recently identified by GSMA Intelligence at Mobile World Congress earlier this year.
LDOS

Hot Stocks

08:06 EDT Leidos awarded $303M U.S. Air Force contract - Leidos was recently awarded a $303M contract to oversee planning, analysis, and operations for the Department of the Air Force's Advanced Battle Management System - Digital Infrastructure network, which is a core component of the DAF Battle Network. The contract was awarded by the DAF Program Executive Officer Command, Control, Communications and Battle Management and covers a three-year performance period, with two option years. As ABMS-DI network manager, Leidos will perform a wide range of management functions to support the successful standup of the Digital Infrastructure Network. This contract extends Leidos' collaborative role with the DAF to design, develop, and deploy modern combined Joint All-Domain Command and Control capabilities for the Air Force and Space Force.
AKYA

Hot Stocks

08:05 EDT Akoya's PhenoCycler, PhenoImager platforms selected by MANIFEST Consortium - Akoya Biosciences announced that the company's PhenoCycler Fusion and PhenoImager HT spatial proteomics platforms will be used to analyze tissue samples as part of the MANIFEST program. This multimillion-dollar initiative, funded by the UK Office of Life Sciences and the Medical Research Council, aims to advance cancer immunotherapy research through deep multi-omic profiling. The MANIFEST consortium brings together leading cancer researchers, academic institutions, NHS trusts, and industry partners, to study why certain cancer patients respond to immunotherapy while others do not. Akoya's spatial biology platforms will play a pivotal role in profiling immune cell interactions within the tumor microenvironment, offering critical insights into biomarkers that may predict treatment outcomes and potential side effects.
NXPL...

Hot Stocks

08:04 EDT NextPlat gets four-year extension of OPKO Healthcare e-commerce program in China - NextPlat (NXPL)announced a significant expansion of its exclusive e-commerce distribution agreement with OPKO Health (OPK) for the online sales of its OPKO Health Europe products in China including securing a new four-year extension and approval to exclusively market its products in Japan. Under terms of the original exclusive e-commerce development program with OPKO, NextPlat launched a OPKO Health branded online storefront on Alibaba Group Holding Limited's (BABA) Tmall Global e-commerce platform in China featuring an assortment of nutraceutical and veterinary products sold and distributed by OPKO Europe. The original one-year exclusive contract has been extended for four years and expanded to include additional e-commerce platforms and digital and social media marketing across China. Additionally, the e-commerce development program was expanded to include the exclusive rights for the sales and marketing of OPKO products to potentially millions of consumers in Japan. According to Statista, Japan was the third largest e-commerce market with revenue exceeding $151B in 2023
PCRX

Hot Stocks

08:03 EDT Pacira reports inducement grants under Nasdaq listing rule - Pacira BioSciences announced the granting of inducement awards on October 2, 2024 to 55 new employees under Pacira's Amended and Restated 2014 Inducement Plan as a material inducement to each employee's entry into employment with the company. In accordance with Nasdaq Listing Rule 5635(c)(4), the awards were approved by the Compensation Committee of the Board of Directors. 10 employees received stock options to purchase an aggregate of 68,900 shares of Pacira common stock and 54 employees received restricted stock units for an aggregate of 127,700 shares of Pacira common stock. The stock options have a 10-year term and a four-year vesting schedule with 25 percent of the underlying shares vesting on the first anniversary of the recipient's first day of employment and in successive equal quarterly installments over the 36 months thereafter. The stock options have an exercise price of $15.53 per share, the closing trading price of Pacira common stock on the Nasdaq Global Select Market on the date of grant. Each restricted stock unit represents the contingent right to receive one share of Pacira common stock and the restricted stock unit awards vest annually in four equal installments beginning on the first anniversary of October 1, 2024. Vesting of the equity awards is subject to the employee's continued employment with Pacira. Each equity award is also subject to the terms and conditions of an award agreement.
WBA

Hot Stocks

08:03 EDT Walgreens Boots Alliance appoints Jason Stenta as chief commercial officer - Walgreens Boots Alliance announced the appointment of Jason Stenta as SVP and chief commercial officer. In this new role, Stenta will lead the company's commercial growth strategy, driving development and commercialization of B2B healthcare services built on the company's core assets, and enhancing partnerships with payers, health system providers and life sciences companies. Stenta will begin his new role in early October.
OPK

Hot Stocks

08:03 EDT ModeX secures $35M BARDA supplement to develop COVID antibodies - ModeX Therapeutics has been awarded $35 million of additional funding under an existing contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response at the U.S. Department of Health and Human Services. This funding will support the development of a second novel multispecific antibody to SARS-CoV-2 from preclinical through Phase 1 trials, as well as preclinical work on gene-based expression of multispecific antibodies to SARS-CoV-2 including mRNA and/or DNA vectors. In addition, ModeX will begin development of influenza multispecifics with gene and/or protein delivery modalities by initiating the second phase of BARDA funding through activation of a $16 million option. The funding and advancement of these programs will further explore ModeX's proprietary MSTAR platform to prepare for outbreaks and respond rapidly to emerging viral threats. Together, this funding brings the total support awarded to ModeX to $110 million out of $205 million if all options are executed.
AKBA

Hot Stocks

08:02 EDT Akebia, U.S. Renal Care sign commercial supply contract - Akebia Therapeutics and U.S. Renal Care announced entry into a multi-year commercial supply contract encompassing all USRC dialysis centers. The contract enables USRC attending physicians to prescribe Vafseo for patients on dialysis as deemed clinically appropriate when it is expected to be available in January 2025. In March 2024, Vafseo was approved by the U.S. Food and Drug Administration for the treatment of anemia due to chronic kidney disease in adults who have been receiving dialysis for at least three months. Akebia expects to receive Transitional Drug Add-on Payment Adjustment designation for Vafseo in January 2025.
AFCG

Hot Stocks

08:02 EDT AFC Gamma provides Story of Maryland with $41M senior secured credit facility - AFC Gamma has committed and funded $41 million to a senior secured credit facility to Story of Maryland, a leading, vertically integrated operator in Maryland. Story MD intends to use the proceeds from the credit facility to refinance existing debt and provide working capital. Advanced Flower Capital holds the entire credit facility for Story MD, which consists of a first-lien term loan secured by the borrower's real property and the value of its cannabis licenses and operations in Maryland. AFC Agent LLC serves as the agent for this transaction.
CON

Hot Stocks

08:01 EDT Concentra opens new medical center in Orlando - Concentra announced the opening of a new medical center in Orlando, Florida. The medical center, Concentra Orlando West, is conveniently located at 6708 Grand National Drive, Orlando, Florida 32819.
LASE

Hot Stocks

07:58 EDT Laser Photonics expands into new facility - Laser Photonics announced its expansion into a new 50,000-square-foot facility to support its growing operations and commitment to technological advancements. The company has officially moved into the building. The new facility will house office space for the company's sales and marketing department, as well as the engineering and R&D departments that will spearhead the development of new additive manufacturing technology and systems that will cater to the semiconductor industry in addition to the Laser Shield Anti-Drone System that is in development. This strategic move comes as part of Laser Photonics' long-term growth plan. Over the next three years, the company aims to hire approximately 150 new employees, with a focus on talent in engineering, research, sales and marketing, to accelerate innovation and diversify its product and technology portfolio, thereby opening up new avenues for growth.
ZVSA

Hot Stocks

07:58 EDT ZyVersa Therapeutics forms Scientific Advisory Board - ZyVersa Therapeutics announces a new SAB to support advancement of Inflammasome ASC Inhibitor IC 100 for obesity with metabolic complications. Based on its mechanism of action, IC 100, in combination with incretin therapy, is anticipated to augment weight loss, but more importantly, to attenuate the chronic systemic inflammation leading to metabolic complications and other inflammatory comorbidities of obesity. Members of ZyVersa's Obesity, Metabolic and Inflammatory Diseases SAB are listed. Caroline M. Apovian, MD, FACP, FTOS, DABOM Co-Director, Center for Weight Management and Wellness, Division of Endocrinology, Diabetes, and Hypertension at Brigham and Women's Hospital. Harold Bays, MD, MFOMA, FTOS, FACC, FACE, FNLA, FASPC Medical Director and President, Louisville Metabolic and Atherosclerosis Research Center. Helen Bramlett, PhD Professor, Department of Neurological Surgery, University of Miami Miller School of Medicine. Marc-Andre Cornier, MD Professor of Medicine, Medical University of South Carolina. W. Dalton Dietrich, III, PhD Kinetic Concepts Distinguished Chair in Neurosurgery, and Scientific Director. Robert W. Keane, PhD Professor, Physiology and Biophysics, Neurological Surgery and Microbiology, and Immunology, University of Miami Miller School of Medicine. Samuel Klein, MD William H. Danforth Professor of Medicine, Washington University School of Medicine. Suneil Koliwad, MD, PhD Chief, Division of Endocrinology and Metabolism, UCSF Health.
BERY GLT

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07:45 EDT Berry Global, Glatfelter announces proposed offering of senior secured notes - Berry Global Group (BERY) and Glatfelter Corporation (GLT) announced that Berry's indirect, wholly-owned subsidiary, Treasure Escrow Corporation, a Delaware corporation, plans to issue $500,000,000 of senior secured notes due 2031. The proceeds from the offering are intended to be used to fund a portion of the cash distribution to Berry Global, Inc., a Delaware corporation and wholly-owned subsidiary of Berry, by Treasure Holdco, Inc., a Delaware corporation and an indirect, wholly-owned subsidiary of Berry, in respect of the previously announced combination of Berry's Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter, in a Reverse Morris Trust transaction to repay certain existing indebtedness of Glatfelter and to pay certain fees and expenses. As previously disclosed, upon closing of the Transaction, the combined company will be renamed Magnera Corporation. The issuance of the Notes would be issued in lieu of the same amount of debt previously intended to be provided under Spinco's new credit facilities and such debt would be assumed by Magnera, in conjunction with and assuming closing of the Transaction. Unless the Transaction is consummated concurrently with the closing of the offering, all proceeds of the offering will be deposited into a segregated escrow account, together with any additional amounts necessary to redeem the Notes, until the obligations of the Issuer under the Notes are ultimately assumed by Magnera, and certain other conditions are satisfied in connection with the consummation of the Transaction. Amounts held in the escrow account will be pledged for the benefit of the holders of the Notes, pending the release of such funds in connection with the consummation of the Transaction.
FURY

Hot Stocks

07:36 EDT Fury Gold Mines announces results from pegmatite outcrops at Eleonore South - Fury Gold Mines announced results from multiple lepidolite and spodumene-bearing pegmatite outcrops within the western claim block at its 100% owned Eleonore South gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The outcrop sampling program targeted the historical Fliszar showing lepidolite bearing pegmatite as well as new rock exposures over an area of approximately 1000 x 500 metres resulting in the collection of 34 samples. Seven samples returned high-grade values above 1.75% lithium oxide with a peak value of 4.67% Li2O. "Eleonore South continues to be a high-priority project in our portfolio, with its multiple avenues for new discovery on the property. Today we are excited to include discoveries of high-grade lithium at the project," commented Tim Clark, CEO of Fury. "These results add to our confidence that we can continue to find new ways to add value to investors. At the moment, we are eagerly awaiting the results from our summer biogeochemical sampling program targeting the highly prospective Eleonore style anomaly at Eleonore South and the surficial sampling program conducted at Committee Bay."
NTLA

Hot Stocks

07:34 EDT Intellia Therapeutics announces initiation of HAELO Phase 3 study - Intellia Therapeutics announced the initiation of HAELO, a global, pivotal Phase 3 study of NTLA-2002 for the treatment of hereditary angioedema. NTLA-2002 is a wholly owned investigational in vivo CRISPR-based gene editing therapy in development as a single-dose treatment for this potentially life-threatening disease. Patient screening is active following Intellia's successful end-of-Phase 2 meeting and submission of an Investigational New Drug Application amendment to the U.S. Food and Drug Administration. HAELO is a global, randomized, double-blind, placebo-controlled study to evaluate the efficacy and safety of NTLA-2002 in 60 adults with Type I or Type II HAE. Patients will be randomized 2:1 to receive a single 50 mg infusion of NTLA-2002 or placebo. Patients randomized to the placebo arm will be eligible for optional crossover to NTLA-2002 at week 28. The primary endpoint is the change in number of HAE attacks from week 5 through week 28. Intellia is initiating the Phase 3 study based on positive safety and efficacy data from the ongoing Phase 1/2 study of NTLA-2002. Interim Phase 1 clinical data showed dramatic reductions in attack rate, as well as consistent, deep and durable reductions in kallikrein levels. Intellia previously announced positive toplines results from the Phase 2 portion of the study. The Company plans to present the detailed results at the 2024 American College of Allergy, Asthma & Immunology Annual Scientific Meeting, taking place October 24 - 28 in Boston, Massachusetts.
RIME

Hot Stocks

07:33 EDT Algorhythm's SemiCab awarded service contract with global CPG company - Algorhythm Holdings has been awarded a service contract with a leading global beverage, food, and snack company. Under the agreement, Algorhythm's subsidiary, SemiCab Holdings, will provide enterprise-level shipping services through its AI-powered software platform, focusing on reducing empty truck miles. The contract, commencing mid-October 2024, will initially cover multiple large metropolitan markets, with the potential to rebid for additional lanes after six months.
JETMF...

Hot Stocks

07:31 EDT Global Crossing Airlines appoints Laurie Villa as CPO - Global Crossing Airlines Group (JETMF) announced the appointment of Laurie Villa as Chief People Officer, effective immediately. Reporting to GlobalX President and CFO, Ryan Goepel, Mrs. Villa will be responsible for leading the Company's Human Capital Management functions, strengthening GlobalX's culture and driving engagement across the airline. She joins GlobalX at a critical phase of its growth to recruit, develop and retain talent, implement competitive and compelling compensation and benefit plans, support crew and team member relations, drive performance management, and lead a values-based culture. Prior to joining GlobalX, Mrs. Villa served as Chief People Officer for JetBlue Airlines (JBLU) for three years and Chief Human Resources Officer of Spirit Airlines (SAVE).
BBGI

Hot Stocks

07:29 EDT Beasley Broadcast announces expiration of exchange offer, tender offer - Beasley Broadcast announces the expiration and final results of its previously announced offers including an exchange offer of the Company's existing 8.625% Senior Secured Notes due 2026, a cash offer to purchase up to $68.0 million of Existing Notes at a purchase price of 62.5%, a new notes offer of $30.0 million aggregate principal amount of 11.000% Superpriority Senior Secured Notes due August 1, 2028, and the solicitation of consents of the terms and conditions set forth in the Exchange Offer Memorandum. In the Exchange Offer, holders of the Existing Notes, had the opportunity to exchange their holdings into: newly issued 9.200% Senior Secured Notes due August 1, 2028 at an exchange ratio of 95.0% of the aggregate principal amount of the Existing Notes tendered for exchange; a pro rata share of 179,424 shares of Class A Common Stock of the Company based upon pro rata ownership of the Exchange Notes, pursuant to the terms and conditions described in the Exchange Offer Memorandum and Consent Solicitation Statement, dated September 5, 2024 and a consent fee of $5.00, in each case per $1,000 principal amount of Existing Notes tendered. Subject to the terms and conditions set forth in the Exchange Offer Memorandum, the Company has the option to increase the Exchange Shares issued and/or the cash amount paid to each exchanging holder in the Exchange Offer by an amount not to exceed, in the aggregate, a pro rata portion of $3.0 million if, and to the extent the Company determines, in its sole discretion, that such issuance or payment would improve the Company's financial position after giving effect to the Exchange Offer, including the payment of fees and potential taxes associated therewith. The Company expects to make a final determination regarding an increase in the amount of Exchange Shares to be issued and/or cash to be paid to each exchanging holder shortly prior to settlement of the Exchange Offer on October 8, 2024.
MBXBF

Hot Stocks

07:27 EDT Microbix Biosystems presents results of QAP supporting diagnosis related to HSV - Microbix Biosystems is presenting results of a novel Quality Assessment Product for supporting patient diagnosis and tissue analysis relating to infection with the Herpes Simplex Virus at the European Meeting on Molecular Diagnosticstaking place in Noordwijk, The Netherlands, October 9 to 11, 2024. At EMMD, Microbix will interact with key opinion leaders, collaborators, and customers that create and utilize the available assays to diagnose, screen, and direct treatment of HSV, many other infectious diseases, and other conditions such as cancers. Microbix will also be attending multiple scientific and clinical care lectures and discussions that are directly pertinent to its ever-growing portfolio of QAPs that help ensure the accuracy of molecular tests and their workflows. Also at EMMD, Microbix will present its poster titled "FFPE HSV-1 and HSV-2 simulated tissue sections mounted on slides for use as prospective quality controls in IHC and qPCR workflows." The poster reviews the performance of a novel QAP to support PCR-based detection of HSV and immunohistochemical analysis of Formalin-Fixed and Paraffin-Embedded tissue samples.
SLSR

Hot Stocks

07:25 EDT Solaris reports assay results from drill program at Warintza Project - Solaris Resources reports assay results from its ongoing 2024 drilling program of 60,000m targeting open extensions of mineralization while upgrading mineral resources and converting waste at its Warintza Project in southeastern Ecuador. Drill results reported here build on the 2024 Mineral Resource Estimate, with this release including intercepts of high-grade mineralization partially outside of the MRE in the northwest and northeast sectors. Holes in this release also improve upon modelled grades in sparsely drilled areas of the northwest, north and northeast sectors. Northwest, North and Northeast Sectors: SLS-102: 93m of 1.01% CuEq within 156m of 0.74% CuEq from surface; SLS-103: 87m of 1.23% CuEq within 528m of 0.59% CuEq from surface; SLS-104: 84m of 1.00% CuEq within 485m of 0.77% CuEq from surface; SLSE-54: 258m of 0.52% CuEq within 399m of 0.41% CuEq from surface; Holes SLS-103 and SLSE-54 added new high-grade mineralization at surface partially outside of the MRE in the northwest and northeast sectors, respectively, while all four holes improved upon the modelled grade in their vicinity. SLS-102 is located in the northwest sector where mineralization has been extended to the contact with a tabular granodiorite that shapes the northwestern pit wall. Step-out exploration drilling testing the potential for mineralization within a large area of undrilled soil anomaly on the far side of this body has been completed with assays expected in the coming weeks. Warintza continues to see high drilling productivity from significant infrastructure investment at site and is on track to exceed the 60,000m of drilling planned this year, with over 53,000m drilled to the end of Q3/24. Drilling includes holes focused on open extensions and infill of the MRE, as well as condemnation and geotechnical drilling.
FMST DNN

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07:21 EDT Foremost Lithium completes first phase of option agreement with Denison Mines - Foremost Clean Energy (FMST) announced that, further to its announcement of September 23, 2024, it has now completed Phase One of its transaction with Denison Mines Corp. (DNN), acquiring 20% of Denison's interest in 10 uranium exploration properties covering over 330,000 acres in the Athabasca Basin in Northern Saskatchewan. In addition to other considerations, Denison was issued from treasury 1,369,810 common shares in the capital of Foremost. The acquisition was completed pursuant to an option agreement with Denison dated September 23, 2024, which granted Foremost the option to acquire, through three phases, up to 70% of Denison's interest in the Exploration Properties.In addition, concurrent with the acquisition of Phase One Interest, Foremost has also: Appointed Mr. David Cates, the President and CEO of Denison, to Foremost's board of directors; Mr. Cates has extensive expertise in the Canadian and international uranium mining industry from over a decade of senior management and financial experience in various roles with Denison; Appointed Andy Yackulic, Denison's Vice President of Exploration, to its advisory board as a technical and geoscientific advisor. Mr. Yackulic has spent the past two decades of exploration focused in the Athabasca Basin region acquiring extensive experience with various geologic models for uranium mineralization, and has been working with Denison since 2020. Previously, he spent 12 years at Cameco Corporation in various roles and led the exploration team that discovered the Fox Lake uranium deposit. Mr. Yackulic holds a Bachelor of Science in Geology from the University of Saskatchewan, is a member of the Association of Professional Engineers & Geoscientists of Saskatchewan, and is a Qualified Person in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects; Entered into an investor rights agreement with Denison; and Become the operator of the Exploration Properties. The Exploration Properties are comprised of 45 claims covering an aggregate area of 332,378 acres within the Athabasca Basin region of northern Saskatchewan, which is known for its prolific history of large high-grade uranium discoveries and operating mines-currently producing ~15% of the world's primary uranium supply.
GANX

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07:18 EDT Gain Therapeutics presents preclinical data on GT-02287 - Gain Therapeutics announced the presentation of new evidence supporting the disease-modifying activity of GT-02287 in preclinical animal models of both GBA-1 and idiopathic Parkinson's disease during a late-breaker poster session yesterday at the Society for Neuroscience 2024 conference that is being held October 5-9 in Chicago, IL. In animal models of GBA-1 and idiopathic Parkinson's disease, rescue of motor and cognitive function associated with administration of GT-02287 was observed to be persistent upon wash out of GT-02287 without significant effect in performance for more than a week following discontinuation when compared to the animals in which treatment was continued. Another presentation for GT-02287 yesterday described its association with improved mitochondrial function and neuroprotection in GBA1-Parkinson's disease models. Finally, a second late-breaker was presented describing the reduction in Tau accumulation associated with GT-02287 in both GBA-1 mutation and wild type cell lines, suggesting GT-02287 may have broader potential as a treatment for tauopathies such as Alzheimer's disease. The late-breaking poster titled, "GT-02287, a clinical stage GCase regulator, demonstrates disease modifying capacity in both GBA1 and idiopathic Parkinson's disease models," was presented on-site October 6 at 3pm CT. In animal models of both GBA1 and idiopathic Parkinson's disease, GT-02287 was administered after a clinical phenotype was established and then withdrawn from half the animals for more than one week prior to conclusion of the study. Neuromuscular function, motor coordination, and activities of daily living/cognition were measured in wire hang, beam walk, and nest building tests, respectively, throughout the study. GT-02287 was shown to rescue deficits in neuromuscular function and motor coordination in both models as well as to prevent the development of deficits in cognition and activities of daily living. Notably, withdrawal of GT-02287 for more than one week did not significantly affect performance in any of the tests, suggesting a disease modifying effect. The poster titled, "GT-02287, a clinical stage GCase regulator, improves mitochondrial function and provides a neuroprotective effect in GBA1-Parkinson's disease models," was presented on-site October 6 at 10am CT. In an in vitro model - in which cultured rat mesencephalic dopaminergic neurons were treated with conduritol beta epoxide to cause partial knockdown of GCase activity comparable to that seen in PD patients carrying heterozygous GBA1 mutations- treatment with GT-02287 reduced the level of mitochondrial reactive oxygen species as well as ameliorating lysosomal pathology, reducing alpha-synuclein aggregation, and providing a neuroprotective effect. In an in vivo model in which mice were subjected to toxic insult by CBE and injection of alpha-synuclein preformed fibrils into the striatum - delayed administration of GT-02287 reduced levels of mitochondrial protein Miro1, an important maker for mitophagy; aggregated alpha-synuclein and plasma neurofilament light chain, a marker of neurodegeneration; as well as completely restoring motor function to control levels. The late-breaking poster titled, "GT-02287, a GCase modulator and Gain Therapeutics' PD drug candidate prevents Tau accumulation in a cellular model," was presented on-site October 6 at 1pm CT. Lysosomal Tau accumulation was quantified in human fibroblasts, carrying either the L444P mutant or wild-type GBA engineered to express labelled Tau protein, at basal conditions as well in the presence of Alzheimer's brain-derived Tau seeds. Basal and seed-induced Tau accumulation was significantly higher in Tau-GBA L444P cells, which express defective GCase, compared to Tau WT GBA cells. Treatment with GT-02287 reduced Tau accumulation in both cells carrying the L444P GBA mutation and those carrying wild-type GBA, demonstrating GT-02287's potential as a disease-modifying treatment for Alzheimer's disease and other tauopathies. This work was carried out in collaboration with scientists in the group of Professor Paolo Paganetti at the Laboratories for Translational Research of the Ente Ospedaliero Cantonale in Bellinzona, Switzerland. This study was conducted under the support of an Innosuisse-Swiss Innovation Agency grant with the LRT-EOC and the Universita della Svizzera italiana-affiliated Institute for Research in Biomedicine in Bellinzona, Switzerland.
MRT

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07:17 EDT Marti Technologies begin monetizing ride-hailing service - Marti Technologies has begun monetization of its ride-hailing service. As the only at-scale ride-hailing operator in the country, Marti spent two years growing its ride-hailing business line before announcing that it has begun monetization. Marti is initially monetizing its ride-hailing service in the form of driver subscription packages in which drivers purchase via subscriptions the right to receive ride requests from Marti's riders. There are currently over 225,000 registered drivers using Marti's ride-hailing service.
GTN

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07:16 EDT Gray Media announces Local New Live launches standalone streaming apps - Gray Media announced that Local News Live, its 24/7 streaming news network, launched standalone apps for connected TVs and smartphones. These new apps are now available to download for free by searching "LNL" on Roku, Amazon Fire, Apple TV, iOS, and Android streaming devices.
TLRY CWBHF

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07:15 EDT Tilray launches Charlotte's Web CBD gummies in Canada - Tilray Brands (TLRY) announced the launch of new Charlotte's Web (CWBHF) CBD gummies in Canada. Designed specifically for daily CBD consumers, Charlotte's Web CBD Rest Gummies and CBD Life Gummies offer an easy, delicious, and convenient way to incorporate CBD into your wellness routine. The new gummies are available in a 30-pack bottle with two distinct flavors: Berry & Fruit and Turmeric & Ginger. Each gummy contains 25mg of premium CBD, ensuring a consistent and enjoyable experience. The Charlotte's Web CBD Rest and Life CBD gummies are available at select cannabis retailers across Ontario. They will become available through the Tilray Medical website and soon to be in select provinces and retailers this October and November.
GBNY

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07:14 EDT OTC Markets welcomes Generations Bancorp NY to OTCQX - OTC Markets Group announced Generations Bancorp NY, the holding company for Generations Bank, has qualified to trade on the OTCQX Best Market. Generations Bancorp NY, Inc. previously traded on NASDAQ.
NAPA

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07:14 EDT Duckhorn Portfolio to be acquired by Butterfly for $11.10 per share in cash - Duckhorn Portfolio and Butterfly Equity announced that they have entered into a definitive agreement pursuant to which Duckhorn will be acquired by private equity funds managed by Butterfly in an all-cash transaction that values the company at approximately $1.95B. Under the terms of the agreement, Duckhorn stockholders will receive $11.10 per share in cash, representing a premium of approximately 65.3% to the volume weighted average share price of Duckhorn's common stock over the 90-day trading period ending on October 4. Following the completion of the transaction, Duckhorn will become a privately held company. The transaction, which was unanimously approved by the Duckhorn board of directors, is expected to close this winter, subject to customary closing conditions, including approval by Duckhorn stockholders and the receipt of required regulatory approvals. The completion of the transaction is not subject to a financing condition. The agreement includes a customary 45-day "go-shop" period expiring at 11:59 p.m. on November 20. During this period, Duckhorn and its advisors will be permitted to solicit, consider and negotiate alternative acquisition proposals from third parties. The Duckhorn board of directors will have the right to terminate the agreement and enter into a superior proposal, subject to the terms and conditions of the agreement. There can be no assurance that this "go-shop" process will or will not result in a superior proposal, and Duckhorn does not intend to disclose related developments unless and until it determines that such disclosure is appropriate or otherwise required. Stockholders currently representing a majority of the current outstanding voting power of the Duckhorn common stock have entered into voting agreements pursuant to which they have agreed, among other things, to vote certain of their shares of company stock in favor of the transaction, subject to certain conditions. The voting support under the voting agreement ceases automatically if the merger agreement is terminated or if the Duckhorn board of directors makes an adverse recommendation change. Upon completion of the transaction, Duckhorn's common stock will cease to trade and no longer be listed on the New York Stock Exchange.
NIU

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07:13 EDT Niu Technologies launches KQi 100F electric scooter in U.S. - Niu Technologies announced the U.S. launch of its latest product, the KQi 100F kick scooter, at the upcoming Electrify Expo in New York. The event will take place at Citi Field on October 12-13, 2024, marking the first time U.S. consumers will experience the KQi 100F, a powerful, sustainable solution for urban transportation. The KQi 100F will launch in Best Buy November 1, including Best Buy Partner+ which allows customers to enjoy same day in-store pickup and checkout via Shopify. The KQi 100F has an MSRP of $449. The KQi 100P, which made its debut at Walmart retailers last month and will be in Kohl's beginning in November, will also be at Electrify Expo New York for consumers to test ride.
NSPR

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07:12 EDT InspireMD announces approval of IDE application for CGUARDIANS II study - InspireMD announced that the U.S. Food and Drug Administration has approved the company's Investigational Device Exemption Application to initiate the CGUARDIANS II pivotal study of its CGuard Prime 80cm Carotid Stent System during transcarotid revascularization procedures. In February 2024, InspireMD announced that Patrick Geraghty, M.D., professor of surgery and radiology, section of vascular surgery at Washington University School of Medicine in St. Louis, MO, and Patrick Muck, M.D., program director and chief of vascular surgery at Good Samaritan Hospital in Cincinnati, OH, have agreed to act as lead investigators for the trial.
VIRI

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07:11 EDT Virios Therapeutics, Wex Pharmaceuticals announce 25-for-1 reverse stock split - In connection with the Combination, the Company is announcing a reverse split of 25-for-1. The reverse stock split will be effective on October 9, 2024, resulting in outstanding shares of common stock of 1,110,317 prior to the issuance of shares pursuant to the share exchange agreement. The 25-for-1 reverse stock split will automatically result in the conversion of twenty-five current shares of the Company's common stock into one new share of common stock. No fractional shares will be issued in connection with the reverse stock split. In lieu thereof, each stockholder who would be entitled to receive a fractional share will be entitled to receive a cash payment equal to the fair market value of such fractional share. The Company expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the commencement of trading on October 9, 2024 with a new CUSIP number of 92829J203 and under the symbol "DWTX".
AZN

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07:10 EDT AstraZeneca announces BATURA trial met primary endpoint - Results from the BATURA Phase IIIb trial showed AstraZeneca's Airsupra met the primary endpoint, demonstrating a statistically significant and clinically meaningful reduction in the risk of a severe exacerbation when used as an as-needed rescue medication in response to symptoms compared to as-needed albuterol. The trial included patients with intermittent or mild persistent asthma, including those on short-acting beta2-agonist, or SABA, alone, low-dose inhaled corticosteroid maintenance therapy, or leukotriene receptor antagonist maintenance therapy. The safety and tolerability of Airsupra in the BATURA trial was consistent with its established profile and no new safety concerns were reported. The data will be shared with health authorities and will be presented as a late-breaker oral presentation at the American College of Allergy, Asthma & Immunology Annual Scientific Meeting on October 26.
VIRI DWTX

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07:09 EDT Virios Therapeutics, Wex Pharmaceuticals announce business combination agreement - Virios Therapeutics and Wex Pharmaceuticals announced that Virios has entered into a definitive share exchange agreement with Sealbond Limited, an indirect parent of Wex, pursuant to which the companies will combine in an all-stock transaction. The combined company's new name will be Dogwood Therapeutics and it will be focused on the clinical development of three assets: Halneuron, currently in Phase 2b development for chemotherapy-induced neuropathic pain; IMC-1, poised for Phase 3 development as a treatment for fibromyalgia; and IMC-2, currently in Phase 2 development to treat Long-COVID sequelae. In connection with the Combination, the Company announced that it is raising $19.5 million in a committed debt financing by an affiliate of CKLS in two tranches with $16.5 million funding at closing and an additional $3 million funded in 1Q25, subject to certain customary conditions. This financing is expected to fund research and operations through several key milestones, including the release of results from the Halneuron Phase 2b interim analysis assessment expected in 2H25. Dogwood will be led by industry veterans, including Chief Executive Officer Greg Duncan; Chief Medical Officer Mike Gendreau, M.D., PhD; Senior Vice President Operations Ralph Grosswald; Chief Financial Officer Angela Walsh and Vice President Manufacturing Meng Zhou. The combined Board of Directors consists of Rick Keefer; John Thomas; Richard Whitely, MD; Abel De La Rosa, PhD; Alan Yu; Melvin Toh, MBBS; and Chairman Greg Duncan. Effective October 9, 2024, the Company will change its name from "Virios Therapeutics, Inc." to "Dogwood Therapeutics, Inc." The Company's common stock will cease trading under the ticker symbol "VIRI" and will begin trading on the Nasdaq Capital Market under the ticker symbol "DWTX" as of the commencement of trading on October 9, 2024. Halneuron is in Phase 2b development as a non-opioid, Nav 1.7 inhibitor to treat the neuropathic pain associated with chemotherapy treatment. Halneuron has been granted Fast Track Designation from the FDA for the treatment of CINP. Next milestone: Interim data from the ongoing Phase 2 CINP study are expected in 2H25. IMC-2 is in Phase 2 development as a combination antiviral treatment for Long-COVID. Next milestone: Topline data from an investigator led, double blind controlled proof of concept study, assessing two doses of IMC-2 vs placebo, are expected in early 4Q24. IMC-1 is Phase 3 development ready as a combination antiviral treatment for FM. IMC-1 has been granted fast track designation by the FDA. Next milestone: Dogwood is exploring partnerships for IMC-1 to execute the Phase 3 FM program as agreed with the FDA. Pursuant to the definitive share exchange agreement, immediately following the reverse stock split, Sealbond, the sole stockholder of Wex and an indirect wholly-0wned subsidiary of CKLS, will receive an aggregate of 211,383 shares of common stock and 2,108.3854 shares of non-voting convertible preferred stock which represents, on a fully diluted basis, approximately 94% for Sealbond and approximately 6% for the pre-Combination stockholders of Virios Therapeutics and a combined fully diluted equity value of approximately $105 million. In connection with the Combination, the Company entered into a loan agreement with an affiliate of CKLS for a cash investment of $19.5 million, which will be funded in two tranches with $16.5 million funded at closing and an additional $3 million funded in 1Q25, subject to certain customary conditions. The issuance of shares of common stock upon conversion of the Preferred Stock issued in the Combination shall be subject to stockholder approval in compliance with the rules of the Nasdaq Stock Market. A non-transferrable CVR will be distributed to Dogwood stockholders of record as of October 17, 2024 to receive certain proceeds received by Dogwood, if any, related to future upfront, development or regulatory milestone payments resulting from corporate partnering transactions of IMC-1 and IMC-2.
SRRK

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07:08 EDT Scholar Rock announces SAPPHIRE achieves primary endpoint - Scholar Rock announced topline results from the Phase 3 SAPPHIRE clinical trial evaluating the efficacy and safety of apitegromab, an investigational muscle-targeted therapy, in patients with SMA. The study achieved its primary endpoint demonstrating a statistically significant and clinically meaningful improvement for apitegromab versus placebo in motor function as measured by the gold standard HFMSE in SMA patients on chronic dosing of standard of care therapies. Based upon the similar pharmacological profile of the 20 mg/kg and 10 mg/kg doses of apitegromab, the statistical analysis plan was prespecified to analyze both the combined dose compared to placebo, and 20 mg/kg dose each compared to placebo. Statistical significance is achieved per the prespecified statistical analysis plan where the p-value is more rigorous if only one prespecified analysis crosses the statistical significance boundary of 0.05. In the main efficacy population, the mean difference in change from baseline in HFMSE was 1.8 points for all patients receiving apitegromab 10 mg/kg and 20 mg/kg compared to placebo. Patients receiving 20 mg/kg of apitegromab showed a 1.4 point mean difference compared to placebo. The prespecified analysis of the 10 mg/kg dose showed that patients receiving 10 mg/kg of apitegromab showed an improvement of 2.2 points compared to placebo. Based upon PK/PD data from the SAPPHIRE trial, similar levels of target engagement were observed for the 10 mg/kg and 20 mg/kg dose groups. Motor function outcomes were meaningful and consistent across the main efficacy population and in the ages 13-21 exploratory population, favored apitegromab compared to placebo. Thirty percent of patients receiving apitegromab had greater than 3 point improvement in HFMSE versus 12.5% of patients on placebo. Patients receiving apitegromab demonstrated early motor function improvement compared to placebo from the first measured time point at 8 weeks, benefit expanded at 52 weeks as measured by HFMSE. Following trial completion, 98% of SAPPHIRE patients enrolled in the ongoing ONYX open-label expansion study. Treatment with apitegromab was well-tolerated across all age groups. There were no clinically relevant differences in the adverse event profile by dose, 10 mg/kg versus 20 mg/kg. No new safety findings were observed in the SAPPHIRE clinical trial; the profile was consistent with that observed in the Phase 2 TOPAZ clinical trial, including an extension study which had over four years of treatment as of the cut-off date. Serious adverse events, or SAEs, were consistent with the underlying disease and current standard of care received by patients; no SAEs were assessed as related to apitegromab. There were no study drug discontinuations due to adverse events. The FDA has granted Fast Track, Orphan Drug, and Rare Pediatric Disease designations, and the European Medicines Agency, or EMA. has granted Priority Medicines, or PRIME, and Orphan Medicinal Product designations, to apitegromab for the treatment of SMA. The company plans to submit a U.S. Biologics License Application, or BLA, and a European Union marketing authorisation application in Q1 2025. Analyses of the full Phase 3 SAPPHIRE data are ongoing, and Scholar Rock plans to present detailed results at an upcoming medical conference in early 2025. Preliminary baseline characteristics from the trial will be presented during a poster presentation at the upcoming 29th Annual Congress of the World Muscle Society on Friday, October 11, being held in Prague, Czech Republic.
AER...

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07:07 EDT AerCap purchased and sold 226 assets in Q3 - AerCap Holdings (AER) has announced its major business transactions during the third quarter 2024: Signed 160 lease agreements, including 13 widebody aircraft, 107 narrowbody aircraft, 24 engines and 16 helicopters. Completed 41 purchases for 27 aircraft (including 2 Airbus (EADSY) A220 Family aircraft, 18 Airbus A320neo Family aircraft, 4 Boeing (BA) 737 MAX aircraft, 1 Boeing 787-9 and 2 Embraer (ERJ) E195-E2s for AerCap's owned aircraft portfolio), 13 engines and 1 helicopter. Completed 25 sale transactions for 18 aircraft (including 5 Airbus A320 Family aircraft, 3 Airbus A320neo Family aircraft, 4 Boeing 737NGs, 1 Boeing 767-300ER, 1 Boeing 777-300ER and 4 Embraer E190s from AerCap's owned aircraft portfolio), 3 engines from AerCap's managed engine portfolio and 4 helicopters. Signed financing transactions for approximately $10.5 billion, including $2.4 billion of senior unsecured notes. Repurchased approximately 5.5 million shares, at an average price of $91.03 per share, for a total of approximately $497 million. Paid quarterly cash dividend on ordinary shares of $0.25 per share.
AZN

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07:06 EDT AstraZeneca reports IDMC recommends BATURA trial stop early due to efficacy - AstraZeneca reports "positive" high-level results from the BATURA Phase IIIb trial showed AstraZeneca's Airsupra met the primary endpoint, demonstrating a statistically significant and clinically meaningful reduction in the risk of a severe exacerbation when used as an as-needed rescue medication in response to symptoms compared to as-needed albuterol. The trial included patients with intermittent or mild persistent asthma, including those on short-acting beta2-agonist alone, low-dose inhaled corticosteroid maintenance therapy, or leukotriene receptor antagonist maintenance therapy. The Independent Data Monitoring Committee, or IDMC, recommended the trial stop early due to overwhelming efficacy at pre-planned analysis, the company noted. Sharon Barr, Executive Vice-President, BioPharmaceuticals R&D, AstraZeneca, said: "The impressive BATURA trial results add to the body of evidence supporting Airsupra as a first-in-class rescue treatment and its role in reducing the risk of asthma exacerbations in patients regardless of their disease severity, and reducing the need for systemic corticosteroids." Airsupra is being developed by AstraZeneca and Avillion.
GDTC

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07:05 EDT Cytomed Therapeutics announces NMRC co-funding support for ANGELICA trial - CytoMed Therapeutics has obtained full approval for its first-in-human Phase I clinical trial using its patented allogeneic chimeric antigen receptor T cell against several blood and solid tumors in collaboration with the National University Hospital of Singapore. The ANGELICA Trial is co-supported by the Singapore Ministry of Health through the National Medical Research Council Office, and MOH Holdings Pte Ltd under the NMRC Clinical Trial Grant Industry Collaborative Trials scheme. Grant details are confidential. CAR-T cell therapy is currently an individualised treatment that typically involves taking a patient's blood cells and modifying these in the laboratory by grafting an artificial protein, known as a chimeric antigen receptor, on the surface of T cells, a type of white blood cells. The modified T cells are then re-infused into the patient to target and destroy cancer cells. Unlike chemotherapy which targets all actively dividing cells including healthy ones, CAR-T cells specifically recognise targets present on cancer cells to kill them, thus sparing healthy cells. The ANGELICA Trial taps on blood drawn from young healthy donors, potentially improving the quality of CAR-T cells manufactured, lowering production costs and increasing patients' timely access to therapy since they can be produced off-the-shelf en masse. Current established CAR-T cell therapies use alpha-beta T cells, a type of immune cells which are largely non-transferable between individual human beings due to the high risk of graft-versus-host disease where the graft attacks the host. CytoMed's ANGELICA Trial uses a rare subtype of immune cells known as gamma delta T cells which can be modified from healthy donors and re-infused into un-related patients without the need for matching. The ANGELICA Trial comprises two parts. Part 1 is ongoing with the recruitment of healthy blood donors at NUH. With the continued collaboration between CytoMed Therapeutics and NUH, Part 2 of the trial may now proceed with the recruitment of patients who have advanced cancers that are resistant to standard therapy regimens. On a separate note, CytoMed has taken over the assets and licence of a licenced cord blood bank in Malaysia using internal cash resources. Please refer to CytoMed's announcement on July 17, 2024 and October 3, 2024. This acquisition will sharpen CytoMed's strategy in cell therapies as it now has access to rare and precious cord blood donated for research and development. There is abundant clinical evidence on cord blood-derived biologics for a wide range of aging diseases and regenerative medicine. This new biotechnology arm will be undertaken through CytoMed's subsidiary, LongevityBank Pte Ltd. The latter is the holding company of IPSC Depository Sdn Bhd which holds the cord blood banking licence issued by the Ministry of Health, Malaysia.
VLTO

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07:04 EDT Veralto acquires TraceGains for $350M - Veralto announced that it has acquired the holding company that owns TraceGains for a purchase price of $350M. TraceGains is a provider of cloud-based software solutions that enable connected data and digital workflow management to help consumer brands meet increasingly stringent compliance and reporting regulations for food and beverage safety and traceability. Its solutions enable consumer brands to efficiently track ingredient inputs, monitor supplier quality and develop new products with greater safety and increased velocity. In 2024, TraceGains is expected to deliver just over $30 million in sales, with more than 95% of sales on a recurring basis, and a gross margin of approximately 80%. Since the beginning of 2022, TraceGains' sales have grown at an average rate of greater than 20% on a year-over-year basis. The acquisition was funded with cash on hand and is expected to deliver a double-digit return on invested capital, exceeding the company's weighted average cost of capital, in year 6. Veralto's management team will discuss this acquisition in more detail during its third quarter 2024 financial results conference call on Thursday, October 24, 2024.
ALB

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07:03 EDT Albemarle names Netha Johnson COO amid operating structure transition - Albemarle announced the company's new operating structure. Albemarle's operating structure will transition from two core global business units - Energy Storage and Specialties - to a fully integrated functional model designed to increase agility, deliver cost savings and maintain long-term competitiveness. The move is the next step in the company's review of its cost and operating structure. Specialties Business President Netha Johnson will become chief operations officer and continues to report to chairman and CEO Kent Masters. In this role, he will lead global manufacturing, research and technology, capital projects and process chemistry execution. Johnson joined Albemarle in 2018 and has more than 25 years of experience in global manufacturing, leadership and general management. Energy Storage Business president Eric Norris will become chief commercial officer and continues to report to Masters. In this role, he will oversee enterprise product management, sales and commercial excellence. Norris joined Albemarle in 2018 and has more than 25 years of experience in strategy, corporate development and general management. Melissa Anderson will become chief transformation officer, effective November 1, which reflects her current oversight of people, strategy and transformation. Stacy Grant will become general counsel, corporate secretary and chief compliance officer, effective immediately, and succeeds Kristin Coleman, who is leaving the company. Grant joined Albemarle in 2023 and previously served as vice president & deputy general counsel, global corporate affairs. Cynthia Lima remains chief external affairs and communications officer and will add oversight responsibility for product stewardship. Mark Mummert will become chief capital, resources and integrated supply chain officer, effective November 1, which includes expanded responsibility for resources, joint venture management, customer service and operational excellence. Neal Sheorey remains chief financial officer and will add oversight responsibilities for information technology, global business services and real estate. Albemarle will continue to report results across its three existing operating segments: Energy Storage, Specialties and Ketjen.
OWL

Hot Stocks

07:02 EDT Blue Owl Capital to acquire IPI Partners for $1B - Blue Owl Capital announced it has entered into a definitive agreement to acquire the business of digital infrastructure fund manager IPI Partners from an affiliate of ICONIQ Capital and an affiliate of Iron Point Partners for a purchase price of approximately $1B. The purchase price will be comprised of approximately 80% Blue Owl equity and approximately 20% cash. The acquisition is expected to close in the fourth quarter of 2024 or first quarter of 2025, subject to certain closing conditions including third party consents, and is expected to be neutral to Blue Owl's earnings in 2025 and modestly accretive in 2026. Blue Owl will partner with an affiliate of ICONIQ to help accelerate the future growth of the business. Upon closing of the acquisition, IPI's business will further enhance Blue Owl's digital infrastructure strategy as part of the firm's Real Estate platform, which will continue to be led by Blue Owl Co-President Marc Zahr. IPI's Managing Partner, Matt A'Hearn will become Head of Blue Owl's digital infrastructure strategy and report to Blue Owl Co-President Marc Zahr. An affiliate of ICONIQ will enter into an agreement with Blue Owl to provide services to Blue Owl's business, including, but not limited to, investment analysis and investor relations. In exchange for these services, an affiliate of ICONIQ is eligible for services payments, that are subject to certain future targets. Blue Owl anticipates these payments will be made between 2026 and 2028.
UNF

Hot Stocks

06:59 EDT UniFirst opens advanced uniform service, processing facility in New York - UniFirst announced the grand opening of its advanced uniform service and processing facility in Liverpool, New York. This investment highlights UniFirst's ongoing commitment to serving the Syracuse market. The newly built 65,000-square-foot facility replaces the previous smaller structure on the same site, completing a three-year transition without interrupting service for its more than 2,000 local customers throughout the central New York region. The facility offers a range of services, including uniform rental and facility services, hygienic laundering, maintenance, and pickup and delivery.
GFL OPAL

Hot Stocks

06:57 EDT GFL, Opal announce Paragon RNG JV commences operations in North Carolina - GFL Environmental (GFL) and Opal Fuels (OPAL) announced their joint venture, Paragon RNG has commenced commercial operations of their new renewable natural gas facility at the Sampson County Landfill. The landfill, owned and operated by a subsidiary of GFL, is located in Roseboro, North Carolina. The plant is producing and injecting pipeline quality RNG. EPA registrations have been filed for the project and we expect a normal ramp-up period for the facility. The project is part of the previously announced joint venture between the two companies to develop RNG facilities at landfills owned by GFL. Having completed construction of the facility, OPAL Fuels will operate the facility and dispense the RNG as vehicle fuel for GFL's fleet and other transportation customers. The Sampson RNG facility has a nameplate design capacity of approximately 1.6M MMbtu per year of RNG. This RNG, when used as transportation fuel to displace diesel, will reduce fleet operating costs and avoid GHG emissions equivalent to achieving zero Scope 1 and Scope 2 emissions from more than 900 heavy-duty trucks.
GNK

Hot Stocks

06:56 EDT Genco Shipping to acquire high-specification Capesize vessel for $47.5M - Genco Shipping & Trading has agreed to acquire a 2016-built 180,000 dwt high-specification Capesize vessel for a purchase price of $47.5M. Genco expects to take delivery of the vessel, to be named the Genco Intrepid, within the next 30 days, and intends to fund the acquisition with cash on hand and a drawdown from its revolving credit facility.
AZN

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06:55 EDT AstraZeneca announces exclusive license agreement with CSPC Pharmaceutical - AstraZeneca has entered into an exclusive license agreement with CSPC Pharmaceutical Group Ltd to advance the development of an early stage, novel small molecule Lipoprotein (a) disruptor that has the potential to offer additional benefits for patients with dyslipidaemia. "This asset further strengthens the company's cardiovascular portfolio to help address the major risk factors driving chronic cardiovascular disease. Under the terms of the agreement, AstraZeneca will receive access to CSPC's pre-clinical candidate small molecule, YS2302018, an oral Lp(a) disruptor, with the aim of developing this as a novel lipid-lowering therapy with potential in a range of cardiovascular disease indications alone or in combination, including with the oral small molecule PCSK9 inhibitor, AZD0780. YS2302018 was discovered by CSPC and has been shown to effectively prevent the formation of Lp(a). Lp(a) is a form of low-density lipoprotein (LDL) that plays a key role in the transport of cholesterol in the blood stream.1 Elevated levels of Lp(a), as well as elevated LDL-cholesterol, are known risk factors for cardiovascular disease, including coronary artery disease and stroke," the company stated. CSPC will receive an upfront payment of $100M from AstraZeneca. CSPC is also eligible to receive up to $1.92B for further development and commercialization milestones plus tiered royalties.
MHUA

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06:54 EDT Meihua regains compliance with Nasdaq - Meihua announced that on October 3, it received a notification letter from the Listing Qualifications Department of the Nasdaq, informing the company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450.
AMBO

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06:53 EDT Ambow Education enters $1.3M licensing agreement with Inspiring Futures - Ambow Education announced that it has entered into a $1.3M non-exclusive, annually renewable licensing agreement with Inspiring Futures. This agreement grants licensing authorization for the production of the HybriU AI UniBox and the sale of HybriU, an AI-driven, plug-and-play educational solution, in international markets.
B APO

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06:47 EDT Barnes Group to be acquired by Apollo Global for $47.50 per share in cash - Barnes Group (B) announced that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global (APO) in an all-cash transaction that values Barnes at an enterprise value of approximately $3.6B. The agreement provides that Barnes shareholders will receive $47.50 per share in cash. The per share purchase price represents a premium of approximately 22% over Barnes' undisturbed closing share price on June 2, and a premium of approximately 28% over the volume weighted average price of Barnes common stock for the 90 days ending June 25. The transaction is expected to close before the end of Q1 2025 and is subject to customary closing conditions, including approval by Barnes shareholders and receipt of required regulatory approvals. The Barnes board of directors unanimously approved the definitive agreement and recommends that Barnes shareholders vote in favor of the transaction. Upon completion of the transaction, Barnes will be delisted from the New York Stock Exchange and become a privately held company. Barnes will continue to operate under the Barnes Group name and brand.
B APO

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06:47 EDT Barnes Group to be acquired by Apollo Global funds for $3.6B in cash - Barnes Group (B) announced that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management (APO) in an all-cash transaction that values Barnes at an enterprise value of approximately $3.6B. The agreement provides that Barnes shareholders will receive $47.50 per share in cash. The per share purchase price represents a premium of approximately 22% over Barnes' undisturbed closing share price on June 25, 2024, and a premium of approximately 28% over the volume weighted average price of Barnes common stock for the 90 days ending June 25, 2024. The transaction is expected to close before the end of Q1 2025 and is subject to customary closing conditions, including approval by Barnes shareholders and receipt of required regulatory approvals. The Barnes Board of Directors unanimously approved the definitive agreement and recommends that Barnes shareholders vote in favor of the transaction. Upon completion of the transaction, Barnes will be delisted from the New York Stock Exchange and become a privately held company. Barnes will continue to operate under the Barnes Group name and brand.
B APO

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06:45 EDT Barnes Group to be acquired by Apollo Global funds for $3.6B
RKLB

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06:33 EDT Rocket Lab selected by NASA to complete Martian rock retrieving study - Rocket Lab announced the company has been selected by NASA to complete a study for retrieving rock samples from the Martian surface and bringing them to Earth for the first time. The company said the mission would fulfill some of the highest priority solar system exploration goals for the science community - to revolutionize humanity's understanding of Mars, potentially answer whether life ever existed on the Martian surface, and help prepare for the first human explorers to the Red Planet.
RKLB

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06:33 EDT Rocket Lab awarded contract from NASA - Rocket Lab announced the company has been selected by NASA to complete a study for retrieving rock samples from the Martian surface and bringing them to Earth for the first time. The mission would fulfill some of the highest priority solar system exploration goals for the science community - to revolutionize humanity's understanding of Mars, potentially answer whether life ever existed on the Martian surface, and help prepare for the first human explorers to the Red Planet. NASA's Rapid Mission Design Studies for Mars Sample Return solicits industry proposals to carry out rapid studies of mission designs and mission elements capable of delivering samples collected by the Mars Perseverance rover from the surface of Mars to Earth. The results of this study will inform a potential update to NASA's Mars Sample Return Program and may result in future procurements with industry. Rocket Lab's study will explore a simplified, end-to-end mission concept that would be delivered for a fraction of the current projected program cost and completed several years earlier than the current expected sample return date in 2040.
SGN

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06:31 EDT Signing Day Sports provides update on acquisition of Swifty Global - Signing Day Sports provided an update on the process to close on the recently announced transaction to acquire Dear Cashmere Group Holding Company, doing business as Swifty Global. The management teams of both companies have been working closely to develop a strategic roadmap focused on driving long-term growth and enhancing shareholder value. These efforts focus on improving operational efficiency and transparency by streamlining processes and refining reporting mechanisms to create a more accountable and effective framework for future success. Innovation is also a priority, with plans to accelerate product development in response to market demand. As part of this strategy, both teams are actively identifying new revenue streams to diversify business models and strengthen profitability. Additionally, they are exploring international opportunities for global expansion. At the core of their approach is a commitment to revenue growth, supported by sound management and strategic initiatives aimed at boosting bottom-line performance. This roadmap underscores the shared vision for growth and a unified commitment to delivering increasing shareholder value. While there can be no guarantee as to the completion of the acquisition, both companies are fully committed to advancing the transaction with the utmost dedication and urgency and are deeply engaged in ensuring that the process continues to move forward as quickly and efficiently as possible. The strong foundation of mutual trust and a shared vision between Signing Day Sports and Swifty has fostered a collaborative spirit that continues to drive their combined efforts. This solid collaboration, built on transparency and aligned goals, positions both companies to not only finalize the terms of the deal but also to continue thriving together as they work toward shared success. In a significant show of commitment, Swifty has also committed to provide intermediate-term capital to Signing Day Sports in the form of a promissory note totalling $150,000. This financing is intended to facilitate the transaction and offset some of the closing costs associated with the acquisition, reflecting the confidence both management teams have in the significant potential of the combined entity. "We remain highly enthusiastic about the acquisition of Swifty Global," stated Daniel Nelson, CEO of Signing Day Sports. "The signed binding term sheet was an important first step, and we are encouraged by the progress both management teams and their respective legal counsel have made in advancing the acquisition. We have quickly built a strong foundation of trust and mutual commitment, something that typically takes much longer to develop. I am confident that when people unite around a shared vision and goal, remarkable things can be achieved, and this is why I have complete faith in both management teams' ability to finalize this acquisition efficiently and in a timely manner."
AWK

Hot Stocks

06:18 EDT American Water announces 'unauthorized activity within its computer networks' - In a regulatory filing, American Water stated, "On October 3, 2024, American Water Works Company learned of unauthorized activity within its computer networks and systems, which the company determined to be the result of a cybersecurity incident. Upon learning of this activity, the company immediately activated its incident response protocols and third-party cybersecurity experts to assist with containment and mitigation activities and to investigate the nature and scope of the incident. The company also promptly notified law enforcement and is coordinating fully with them. The company has taken and will continue to take steps to protect its systems and data, including disconnecting or deactivating certain of its systems. The company currently believes that none of its water or wastewater facilities or operations have been negatively impacted by this incident. Although the company is currently unable to predict the full impact of this incident, the company does not expect the incident will have a material effect on the company, or its financial condition or results of operations."
TSQ

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06:06 EDT Townsquare Media forms strategic alliance with SummitMedia - Townsquare Media announced a strategic digital advertising partnership with SummitMedia, a media company with a market-leading presence in nine U.S. cities (including Birmingham, AL; Greenville, SC; Honolulu, HI; Knoxville, TN; Louisville, KY; Omaha, NE; Richmond, VA; Springfield, MO; and Wichita, KS) that do not overlap with Townsquare's market footprint. Through Townsquare's Ignite Media Partnerships division, formed earlier this year, they provide a white-label service that equips other local media companies with the digital advertising solutions that have driven Townsquare's success. This alliance with SummitMedia marks a significant expansion of Townsquare's Media Partnerships division. Through this partnership, Townsquare will share its expertise and resources with SummitMedia, focusing on customized, data-driven strategies that meet the unique needs of local, regional and national businesses, helping SummitMedia grow its digital business alongside its respected broadcast presence.
HOFT

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06:05 EDT Hooker Furniture signs global licensing agreement with Margaritaville - Hooker Furnishings has entered into a licensing agreement with Margaritaville to launch an extensive line of home furnishings that spans various price points and categories. The partnership will include a range of indoor and outdoor furnishings including case goods, upholstery, lighting, and accessories for the residential, contract, and hospitality markets. The agreement includes the flagship Margaritaville brand, as well as Latitude by Margaritaville and Island Reserve by Margaritaville, creating tiered product differentiation that aligns well with Hooker Furnishings' versatile brand portfolio. The planned launch of the complete indoor/outdoor whole home collection will be in October 2025 at Hooker Furnishings' Showplace showroom in High Point, NC. Additionally, plans to explore hospitality and commercial opportunities, providing furnishing options for Margaritaville's branded real estate properties and communities are underway.
LODE

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06:01 EDT Comstock Inc. to acquire Quantum Generative Materials, no terms - Comstock announced the execution of an agreement by Comstock, Deep Interstellar Research, and Quantum Generative Materials under which Comstock effectively acquired substantially all of the equity in GenMat, including GenMat's artificial intelligence materials discovery platform, materials synthesis, and related assets, business, and most of the related technical team. Concurrently, as part of the acquisition of GenMat, Deep Prasad's holding company will be receiving GenMat's consolidated satellite, mission control software, other related low earth orbit assets, and space team. As a result of the transaction, Comstock will own substantially all of GenMat's issued and outstanding equity and continue development and commercialization of its breakthrough physics-based artificial intelligence products and services to discover new materials and other technologies, primarily for decarbonizing energy.
CVX

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05:34 EDT Chevron Canada to sell interest in the Athabasca Oil Sands Project for $6.5B - Chevron Canada, an indirect subsidiary of Chevron, announced that it and a related entity have entered into a definitive agreement to sell their 20% non-operated interest in the Athabasca Oil Sands Project, 70% operated interest in the Duvernay shale, and related interests, all located in Alberta, Canada, to Canadian Natural Resources. The $6.5B all-cash transaction has an effective date of September 1 and is expected to close during the fourth quarter of 2024, subject to regulatory approvals and other customary closing conditions. The assets subject to the agreement contributed 84,000 boe/d of production, net of royalties, to Chevron in 2023. This transaction progresses Chevron's previously announced plans to divest $10B-$15B in assets by 2028 to optimize its global energy portfolio.
ERO

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05:31 EDT Ero Copper announces temporary power disruption at Tucuma Operation - Ero Copper announced that its Tucuma Operation has experienced a temporary power disruption following a severe localized windstorm that occurred in the southwest region of the Carajas Mineral Province in Para State, Brazil on October 5. The company's workforce is safe, and there has been no damage to infrastructure at the Tucuma Operation. The regional power grid, including the main 230kV transmission line servicing the region, sustained damage during the storm, resulting in a loss of power to more than 200,000 residents as well as major industrial users. Power has since been fully restored to residential communities and partially restored to industrial consumers. The owner and operator of the transmission line has advised that full power restoration to industrial consumers, including the company's Tucuma Operation, is expected within two weeks. The power disruption at Tucuma has impacted the milling, flotation and filtration circuits within the processing plant. Mining and crushing operations remain unaffected, with ore continuing to be placed on the run-of-mine and crushed ore stockpiles. The company expects the primary impact will be on the ramp-up schedule of the processing plant, and in turn, full-year production results at the Tucuma Operation. While the extent of the impact will depend on the timing of full power restoration, Ero Copper remains well-positioned to manage this temporary disruption and will provide further updates as the situation develops.
MYTE

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05:29 EDT Richemont to sell YNAP to Mytheresa - Mytheresa and Richemont announced that they have entered into binding agreements for the acquisition of 100% of the share capital of YNAP by Mytheresa. The transaction aims to create a group offering an edit of the most prestigious luxury brands and products to luxury enthusiasts worldwide. The transaction entails the separation of the off-price division from the Luxury division and the discontinuation of YNAP's white label division, once the Richemont Maisons' online stores powered by YNAP migrate to their own chosen platforms. At transaction closing, Richemont will sell YNAP to Mytheresa with a cash position of EUR 555M and no financial debt, subject to customary closing adjustments, in exchange for shares to be issued by Mytheresa representing 33% of Mytheresa's fully diluted share capital at closing following issuance of the consideration shares. Richemont will make available a six-year revolving credit facility of EUR 100M to finance YNAP's general corporate needs, including working capital. Richemont will have the right to nominate a member and an observer to the Supervisory Board of Mytheresa following closing. Closing of the transaction, which is expected to occur in the first half of calendar year 2025, is subject to customary conditions, including the receipt of antitrust approvals. The transaction is not subject to or conditional on approval by either Richemont or Mytheresa shareholders. Richemont's shareholding in Mytheresa will be subject to a one-year lock-up period following transaction closing, followed by a further one-year period in which only certain limited sale transactions may take place. As a result of this transaction, Richemont currently expects the write-down of YNAP net assets to amount to approximately EUR 1.3B, which also accounts for the cash to be left in YNAP upon completion. This value is subject to change until completion date as it depends on several variables, namely Mytheresa's share price, the USD/EUR foreign exchange rate, the value of net assets and debt-like items of YNAP at completion date.
UMC

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05:20 EDT UMC reports September revenue NT$ 18.94M
EPAM

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05:19 EDT Epam Systems to acquire First Derivative, terms undisclosed - Epam Systems announced its agreement to acquire First Derivative, a Northern Ireland-headquartered managed services and consulting business for the capital markets industry with more than 1,800 employees worldwide and major delivery capability in the U.K., Ireland, North America and APAC. EPAM will leverage First Derivative's industry experience and brand to deliver a set of AI-enabled end-to-end capabilities to clients in banking, capital markets and other financially regulated businesses across North America, Europe and APAC. Through the acquisition, First Derivative will bring more than 100 new clients under the EPAM umbrella, offering unmatched value and setting a new standard for technology services in the financial services industry. First Derivative is a division of FD Technologies plc, which is listed on the Alternative Investment Market of the London Stock Exchange. The acquisition is subject to customary closing conditions, including the receipt of necessary regulatory clearances, and is expected to close in the fourth quarter of 2024. Stone Key Partners served as the exclusive financial advisor and Faegre Drinker served as the legal advisor to EPAM.
GEHC

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05:15 EDT GE HealthCare completes manganese-based MRI clinical development program - GE HealthCare has announced the completion of its Phase I clinical development program for a first-of-its-kind manganese-based macrocyclic magnetic resonance imaging, or MRI, contrast agent. The results, which will be used to support ongoing clinical development, concluded that in a first-in-human study, this manganese-based contrast agent was well tolerated with no serious adverse events, dose-limiting toxicities or clinically relevant findings reported, according to an abstract presented at the 2024 bi-annual Contrast Media Research symposium in Oslo, Norway.
PSFE

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05:13 EDT Paysafe announces strategic partnership with GiG - Paysafe announced a strategic partnership with Gaming Innovation Group, or GiG, a B2B iGaming technology company. Under the agreement, Paysafe becomes the GiG-endorsed payments platform for all UK, continental European, North American and Latin American operators integrating its CoreX solution. Launched by GiG in January, CoreX is an AI-driven player account management platform serving online casino and sports-betting brands, giving operators the flexibility to localize their operations to any regulated jurisdiction. GiG's global reach will be further strengthened by integrating the processing capabilities of Paysafe's local payment methods.
PHG

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05:11 EDT Philips, Siloam Hospitals Group sign AI capability MoU - Philips and Siloam Hospitals Group, Indonesia's private healthcare provider, have signed a memorandum of understanding, or MoU, to advance AI capabilities and development in the healthcare sector in Indonesia. The strategic collaboration, in partnership with the Universitas Pelita Harapan, or UPH, Medical Sciences Group, will focus on capacity building, knowledge sharing, and implementing advanced AI solutions. Leveraging Philips' AI innovations, the collaboration will help transform clinical care and digital health, enhance healthcare delivery and make the healthcare infrastructure more sustainable. The goal is to deliver better care for more people in Indonesia. This partnership aligns with the Indonesian government's healthcare strategy to improve healthcare accessibility, enhance clinical outcomes, and embrace digital transformation.
HNSA

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05:08 EDT Hansa Biopharma announces results from NICE-01 trial 12-month follow up analysis - Hansa Biopharma announced results from a 12-month follow up analysis from the NICE-01 trial of HNSA-5487, the company's next generation immunoglobulin G-cleaving molecule, assessing IgG recovery, immunogenicity and redosing potential. In the NICE-01 trial, HNSA-5487 demonstrated reduction of IgG levels by more than 95% within a few hours post treatment. In a 12-month follow up analysis IgG levels returned to normal range six months after initial dosing. This confirms that HNSA-5487 mirrors the extremely high efficacy of imlifidase, the company's first-generation IgG-cleaving enzyme, in reducing total IgG levels. No serious adverse events were observed and as previously communicated HNSA-5487 is safe and well tolerated. Importantly, HNSA-5487 demonstrated lower pre-treatment anti-drug antibody levels and significantly reduced ADA responses when compared to imlifidase, confirming an attractive immunogenicity profile with a clear redosing potential. HNSA-5487 also demonstrated highly robust reduction in IgG levels with similar efficacy in nearly 100 percent of serum samples collected in the trial and analyzed at six- and 12-months after the initial dose.