Stockwinners Market Radar for November 25, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

HRL

Hot Stocks

20:01 EST Hormel Foods raises annual dividend 3% to $1.16 per share - The Board of Directors of Hormel Foods Corporation announced a 3% increase to the annual dividend to shareholders, marking the 59th consecutive annual dividend increase. The annual dividend on the common stock of the Corporation was raised to $1.16 per share from $1.13 per share.
CTXR

Hot Stocks

19:50 EST Citius Pharmaceuticals trading halted, news pending
GMM

Hot Stocks

19:50 EST Global Mofy AI Ltd trading halted, news pending
CETX

Hot Stocks

19:50 EST Cemtrex trading halted, news pending
PBM

Hot Stocks

19:50 EST Psyence Biomedical Ltd trading halted, news pending
SPY...

Hot Stocks

19:33 EST Trump says will impose 25% tariff on all products from Mexico, Canada - U.S. President-elect Donald Trump said in posts on Truth Social, "As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before. Right now a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border. On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders. This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country! Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price! I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States - But to no avail. Representatives of China told me that they would institute their maximum penalty, that of death, for any drug dealers caught doing this but, unfortunately, they never followed through, and drugs are pouring into our Country, mostly through Mexico, at levels never seen before. Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America. Thank you for your attention to this matter." Reference Link
MSFT

Hot Stocks

19:14 EST Activision's new 'Call of Duty' hits launch window record for total players - Microsoft's Activision said that "Call of Duty: Black Ops 6," which released last month, is the biggest "Call of Duty" ever in its first 30 days in terms of total players, hours played, and total matches played. The game marked the first release in the popular franchise since Microsoft closed on its acquisition of Activision Blizzard, and the first game in the series to launch day-and-date on Xbox Game Pass. Reference Link
PX

Hot Stocks

18:14 EST P10: HPS Investment Partners, Enhanced Capital launch partnership - P10 announced the launch of a new partnership between funds managed by HPS Investment Partners and Enhanced Capital, a P10 affiliated manager, that will provide structured capital solutions for renewable energy and battery energy storage projects throughout the United States. The investments made by the partnership will be designed to provide capital to energy transition projects while simplifying the monetization of renewable energy tax credits without the need for complex tax equity structures.
DFS

Hot Stocks

18:14 EST Discover receives NYSE notice over filing of FOrm 10-Q - Discover Financial announced, as required under the New York Stock Exchange Listed Company Manual, that it received a notice from the NYSE on November 19, 2024 that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission prior to November 18, 2024, the end of the extension period provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE.
SNBR

Hot Stocks

18:05 EST Sleep Number 'surprised' by Stadium demand, 'confident' in CEO succession plan - Sleep Number Corporation issued the following statement in response to the public letter to shareholders from Stadium Capital Management, LLC: "The Board of Directors (the "Board") and leadership team of Sleep Number welcome shareholder input and suggestions. To that end, we have engaged extensively with Stadium and last November added two directors recommended by Stadium to the Board. Over the last 12 months, members of our Board and leadership team have spoken with Stadium on more than a dozen occasions, and Stadium participated in four meetings with the Board's Capital Allocation and Value Enhancement Committee. On October 30, 2024, Sleep Number announced a set of comprehensive and thoughtfully considered changes to the Company's leadership and governance, including a CEO transition and Board refreshment and declassification. These reforms, which were carefully planned, were consistent with nearly all the suggestions we had received from Stadium over the past year. As we expressed to Stadium at the time, executing an effective CEO succession process and identifying and recruiting the next CEO is the highest priority for the Board. The Board has prepared extensively for this process and is confident in its approach to CEO succession... Given our robust approach, we were surprised when Stadium made the highly unusual demand that it be granted direct participation in the CEO succession process. There is no predicate, in our view, for changing the Board's best-in-class CEO search process. As noted, our process has been underway for many months and has already identified highly qualified candidates. Resetting the process to accommodate a single shareholder's desire for direct participation on the Committee may discourage participation by CEO candidates and would likely delay the appointment of a new CEO. That said, the Committee and Sleep Number's Board remain interested in Stadium's perspectives and input. To that end, three independent directors met with Stadium to describe our process and listen to Stadium's views on the qualities it desires in a new CEO. Further, the Committee invited Stadium to present its views and ask questions to the entire Committee and Korn Ferry last week. Stadium abruptly withdrew its participation less than 24 hours before the meeting was scheduled to take place. The Board invited the Company's top 20 shareholders to share their views on CEO succession. The Board appreciates the contributions of those shareholders that have shared their views already and welcomes all stakeholders to provide their perspectives. Despite Stadium's refusal to present its views to the Committee and Korn Ferry, Sleep Number's Board and the Committee remain open to Stadium's input. The Board reiterates that its highest priority is identifying and recruiting the optimal candidate."
BEN

Hot Stocks

17:59 EST SEC charges Ken Leech, former co-CIO of Western Asset Management, with fraud - The SEC announced fraud charges against Stephen Kenneth Leech, the former co-chief investment officer of registered investment adviser Western Asset Management Company, or WAMCO, for "engaging in a multi-year scheme to allocate favorable trades to certain portfolios, while allocating unfavorable trades to other portfolios, a practice known as cherry-picking." The SEC's complaint alleges that from at least January 2021 through October 2023, Leech placed trades with brokers and then routinely waited until later in the trading day to allocate the trades among clients in the portfolios he managed. The Fly notes that Franklin Resources (BEN) owns Western Asset Management. Reference Link
NVX

Hot Stocks

17:53 EST Novonix trading halted, news pending
EXAS

Hot Stocks

17:36 EST Exact Sciences to present 10 abstracts on Precision Oncology portfolio at SABCS - Exact Sciences Corp. will present 10 abstracts demonstrating the breadth of its Precision Oncology portfolio at the 2024 annual San Antonio Breast Cancer Symposium from December 10-13 in San Antonio, Texas. "Exact Sciences is committed to improving breast cancer care by providing actionable insights that support informed treatment decisions and help achieve the best outcomes for patients across all backgrounds," said Dr. Rick Baehner, Chief Medical Officer, Precision Oncology at Exact Sciences. "For 20 years, the Oncotype DX test has led the way in personalized treatment planning, and the new findings presented at SABCS reinforce its trusted role among clinicians, research institutions, and patients alike. With the addition of our OncoExTra test and our anticipated molecular residual disease monitoring test, we're equipping clinicians with innovative solutions to support patient needs throughout every stage of cancer care." In collaboration with leading breast cancer experts and research groups, Exact Sciences will share data highlighting how the Oncotype DX test helps guide effective chemotherapy use in everyday practice and clinical trials. New findings from Japan will show how the test supports decision making in breast cancer treatment and can help manage costs. Additionally, retrospective findings reveal African American women are more likely to have higher Recurrence Score(R) results than non-Hispanic White women, with similar survival outcomes. These insights emphasize how the Oncotype DX test can support more equitable breast cancer care across diverse populations and the need for further research to better understand factors behind racial disparities that currently exist.
CON SEM

Hot Stocks

17:33 EST Concentra announces completion of spin-off from Select Medical - Concentra (CON) announced that Select Medical Holdings (SEM) has completed its previously announced distribution of 104,093,503 shares of Concentra's common stock owned by Select Medical Corporation, a wholly owned subsidiary of Select Medical, representing approximately 81.7% of the outstanding shares of Concentra's common stock. After the completion of the Distribution, Select Medical no longer owns any shares of Concentra's common stock. The Distribution was made to Select Medical's stockholders as of the close of business on November 18. The Distribution took place in the form of a pro rata common stock distribution to each of Select Medical's stockholders on the Record Date. Based on the shares of Select Medical's common stock outstanding on the Record Date, Select Medical's stockholders received 0.806971 shares of Concentra's common stock for every share of Select Medical's common stock held as of the Record Date. No fractional shares of Concentra's common stock were distributed. Instead, Select Medical's stockholders will receive cash in lieu of any fraction of a share of Concentra's common stock that they otherwise would have received.
RUM $BTC

Hot Stocks

17:31 EST Rumble announces bitcoin treasury strategy - Rumble announced that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company's excess cash reserves to Bitcoin. This move emphasizes Rumble's belief in Bitcoin as a valuable tool for strategic planning and is designed to accelerate the company's expansion into cryptocurrency. Rumble's Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20M. "We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently accelerated with the election of a crypto-friendly U.S. presidential administration and increased institutional adoption. Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing, enabling it to be a valuable inflation hedge and an excellent addition to our treasury," said Rumble Chairman and CEO Chris Pavlovski. "We are also excited to strengthen our ties with crypto and to bolster our efforts to become the leading video and cloud services platform for the crypto community," Pavlovski added.
AMZN

Hot Stocks

17:29 EST Amazon Web Services awarded $158.25M Army contract - Amazon Web Services was awarded a $158.25M firm-fixed-price contract for cloud computer and storage services. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of September 21, 2028. U.S. Army Contracting Command is the contracting activity.
CWEN

Hot Stocks

17:28 EST Clearway Energy to buy Tuolumne Wind Project from Turlock Irrigation District - Clearway Energy announced that it has entered into a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District. Tuolumne Wind Project is a 137 MW wind project located in Klickitat County, WA that achieved commercial operations in 2009. The project will sell power under a new PPA with Turlock Irrigation District, an investment-grade regulated entity, with an initial contract term of 15 years to 2040. In conjunction with the acquisition, the company also has received from Turlock Irrigation District a contractual extension option to enable a potential future repowering of the project. After factoring in estimated closing adjustments and new non-recourse project-level debt, the company expects its total long-term corporate capital commitment to acquire the project to be approximately $70M-75M, which the company expects to fund with existing sources of liquidity. Based on current expected terms and conditions of the new non-recourse financing, the acquisition is expected to provide incremental annual levered asset CAFD on a five-year average basis of approximately $9M beginning January 1, 2026. The company expects the transaction to close in the first quarter of 2025, after which its targeted contribution to fiscal year 2025 results will be communicated.
BAESY

Hot Stocks

17:27 EST BAE Systems awarded $212.12M Navy contract action - BAE Systems was awarded a $212.12M firm-fixed-price contract action for maintenance, modernization and repair of USS Green Bay, or LPD 20, for fiscal 2025 docking selected restricted availability. The scope of this acquisition includes all labor, supervision, equipment, production, testing, facilities, and quality assurance necessary to prepare for and accomplish the Chief of Naval Operations availability for critical modernization, maintenance, and repair programs. This contract includes options, which, if exercised, would bring its cumulative value to $238,81M. Work will be performed in San Diego, California, and is expected to be completed by October 2026. FY25 other procurement, Navy funds in the amount of $180.29M and FY25 operation and maintenance, Navy funds in the amount of $31.82M will be obligated at the time of award, of which $31.82M will expire at the end of the current fiscal year. This contract was competitively solicited using full and open competition via the SAM website, with one offer received. The Naval Sea Systems Command is the contracting activity.
ZM

Hot Stocks

17:25 EST Zoom Video sees FY25 gross margin 79% - Sees Q4 deferred revenue up 5%-6%. Sees Q4 operating income $443M-$448M. Sees FY25 operating income $1.813B-$1.818B. Says Contact Center and Workvivo had amazing quarters. Says expects to execute full share repurchase authorization by FY26. Says feedback from customers at Zoomtopia was extremely positive. Comments and guidance taken from Q3 earnings conference call.
GH NTRA

Hot Stocks

17:11 EST Guardant says jury unanimously found in favor of company in Natera suit - Guardant Health (GH) announced that a jury in the U.S. District Court for the Northern District of California unanimously found in favor of Guardant Health on all of its claims from its May 2021 lawsuit against Natera, Inc. (NTRA) for false advertising and unfair competition. The jury awarded $292.5M to Guardant Health, including $175.5M in punitive damages, representing one of the largest false advertising verdicts in history. The jury unanimously rejected all of Natera's counterclaims. The jury found that Natera engaged in a deliberate campaign to mislead cancer clinicians about Guardant Reveal - Guardant Health's tissue-free minimal residual disease test for early-stage colorectal cancer - in favor of Signatera, Natera's competing product. "Today's unanimous verdict holding Natera responsible for engaging in illegal and anticompetitive conduct represents a major victory for CRC patients who could benefit from our groundbreaking Reveal test, and we thank the jury and the Court for their careful consideration of our claims," said John Saia, Chief Legal Officer at Guardant Health. "Every company in the cancer diagnostics space has a duty to prioritize patients above all else. In keeping with our mission to help cancer patients lead longer and healthier lives, we strongly believe it is vital that clinicians receive accurate, complete, and truthful information to inform their decisions about potentially life-saving patient treatments."
CLBK

Hot Stocks

16:47 EST Columbia Financial names Matthew Smith COO - Columbia Financial announced that Matthew Smith has been appointed as senior executive VP and COO of the company and the bank effective as of November 25. The company previously disclosed the retirement of E. Thomas Allen, the current senior executive VP and COO of the company and the bank, effective as of January 31, 2025. Smith served as the chief digital banking officer at Webster Bank from February 2022 until November 2024.
WWD

Hot Stocks

16:43 EST Woodward jumps almost 14% after Q4 report and guidance surpass estimates - Shares of aerospace and industrial firm Woodward are up over $24 per share or approximately 14% to $202.05 on Monday in after hours trading, after reporting fourth quarter EPS and revenue ahead of analyst estimates. "Woodward's fiscal 2025 guidance includes a continued strong demand environment and improving operational performance throughout the year. The Aerospace segment guidance includes increasing revenue and margin expansion driven by continued strength in commercial markets and increased defense activity," the company said in its release.
UHT

Hot Stocks

16:37 EST Universal Health Realty raises quarterly dividend to 73.5c per share - Universal Health Realty Income Trust announced that its Board of Trustees voted to increase the quarterly dividend and pay a dividend of 73.5c per share on December 31 to shareholders of record as of December 16.
KSS

Hot Stocks

16:33 EST Kohl's CEO Kingsbury to step down effective January 15, 2025 - Kohl's Corporation announced that Chief Executive Officer Tom Kingsbury plans to step down as CEO, effective January 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl's Board of Directors through his retirement in May 2025, after which the size of the board will be reduced by one. The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam's Club during his 13 years at the company. Board Chair Michael Bender stated, "The Board is very grateful for Tom's leadership and ongoing service to Kohl's. Tom joined our Board in 2021. He then stepped up as interim CEO in 2022 and agreed to take the permanent position as CEO through May 2025. Under his leadership, the company is undergoing a transformation to elevate its product portfolio, enhance the store experience and improve its long-term financial health and profitability. On behalf of all Kohl's associates, we thank Tom for his leadership, for his role working with the Board on our CEO search, and for supporting Ashley through this transition."
DAN

Hot Stocks

16:33 EST Dana announces $200M cost reduction plan - While Dana continues to improve its profitability in a challenging operating environment, the company announced further actions to support sustained long-term profitability and enhanced cash flow generation. This includes substantial reductions in selling, general & administrative costs across all the company's businesses and engineering expenses to match current industry dynamics, including the ongoing delay in the adoption of electric vehicles. The company expects to deliver annualized savings of approximately $200M by 2026. Furthermore, the company plans to reduce capital spending to reflect the revised market demand for electric vehicles.
DAN

Hot Stocks

16:32 EST Dana announces plans to sell Off-Highway business - Dana announced it has engaged financial advisors Goldman Sachs & Co. and Morgan Stanley & Co. to sell its Off-Highway business, which the Board believes will unlock substantial value for shareholders. The Off-Highway business provides drive and motion systems for heavy-duty vehicles in markets such as agriculture, materials handling, mining, construction and forestry. A sale will position Dana with a streamlined go-to-market approach focused on serving its light and commercial vehicle customers, with traditional and electrified products that are largely shared across the remaining portfolio. Proceeds from a potential sale will enable Dana to strengthen its balance sheet through substantially reduced leverage, and to return capital to shareholders. While the company and its advisors believe there is strong interest in the Off-Highway business, there can be no assurance that the sale process for Off-Highway will result in a transaction. There is no timeframe for the conclusion of the process, and the company does not intend to comment further regarding this matter unless and until further disclosure is determined to be appropriate.
DAN

Hot Stocks

16:31 EST Dana names R. Bruce McDonald as CEO, effective immediately - Dana announced the appointment of R. Bruce McDonald, a member of the Dana Board of Directors, as Chairman and CEO, effective immediately. McDonald's appointment follows the retirement of James Kamsickas as CEO and his departure from the Board. Kamsickas will remain as an advisor to the company through March 2025 to support the transition. The Board has retained a leading executive search firm to identify the company's next permanent CEO.
NJR SPRU

Hot Stocks

16:31 EST NJR Clean Energy Ventures sells residential solar portfolio to Spruce Power - NJR Clean Energy Ventures, a clean energy subsidiary of New Jersey Resources (NJR), announced the sale of its 91 megawatt residential solar portfolio, to Spruce Power Holding Corporation (SPRU) for a total of $132.5M. NJR expects to record a gain on sale in fiscal 2025, and will use the proceeds to pay down corporate debt and for general working capital purposes. "Renewable energy investments are an integral part of our business and will continue to be a key driver of NJR's long-term growth strategy," said Steve Westhoven, President and CEO of New Jersey Resources. "Following this transaction, Clean Energy Ventures will have a sharpened focus on the strong opportunities for growth within its commercial solar portfolio, driven by a nearly 1 gigawatt (GW) pipeline of diverse investment options."
ELLO

Hot Stocks

16:21 EST Ellomay Capital chairman Shlomo Nehama resigns, Ben Sheizaf succeeds - Ellomay Capital announced that Shlomo Nehama, after serving as chairman of the board for 16 years, has decided to resign from the company's board of directors. Nehama served on the board of directors and as the company's chairman of the board since March 2008 and is a controlling shareholder of the company. In connection with Nehama's resignation, the company's board of directors unanimously appointed Ben Sheizaf as a member of the board of directors and as chairman of the board. Sheizaf will serve as a director until the company's 2025 annual general meeting, at which he can be nominated for reappointment to the company's board of directors. Sheizaf is the founder and CEO of B.P.O. Ltd., a consulting firm since 2019, and has held many senior positions in the Israeli finance and insurance sectors.
ALEC

Hot Stocks

16:17 EST Alector announces AL002 trial misses endpoint, reduces workforce by 17% - Alector announced results from the INVOKE-2 Phase 2 clinical trial evaluating the safety and efficacy of AL002 in slowing disease progression in individuals with early Alzheimer's disease, or AD. Treatment with AL002 resulted in sustained target engagement and pharmacodynamic responses indicative of microglial activation. However, AL002 failed to meet the primary endpoint of slowing of Alzheimer's clinical progression as measured by the Clinical Dementia Rating Sum of Boxes, and there were no treatment effects that favored AL002 on secondary clinical and functional endpoints. Similarly, there were no significant effects on Alzheimer's fluid biomarkers favoring AL002, and amyloid PET imaging demonstrated no treatment-related reduction of brain amyloid levels. As previously reported, MRI changes resembling amyloid-related imaging abnormalities (ARIA) and infusion-related reactions were observed in INVOKE-2. The instances of ARIA were primarily seen in participants treated with AL002.Based upon the results, Alector is stopping the long-term extension study. Topline data from the pivotal INFRONT-3 Phase 3 clinical trial of latozinemab in frontotemporal dementia with a progranulin gene mutation is expected in late 2025 or early 2026. PROGRESS-AD, a global Phase 2 clinical trial evaluating AL101/GSK4527226 in early AD, has reached more than one-third of its target enrollment of 282 participants. Alector is also advancing its preclinical candidates aimed at a broad and diverse range of protein and enzyme targets. In addition to advancing its pipeline, the company is continuing to develop its blood-brain barrier technology platform, Alector Brain Carrier, or ABC. To align resources with these strategic priorities, Alector is reducing its workforce by approximately 17%. As of September 30, Alector has $457.2M in cash, cash equivalents, and investments, which the company continues to expect will provide runway through 2026. Alector plans to provide guidance for 2025 during its fourth-quarter and full-year earnings conference call.
NKE

Hot Stocks

16:17 EST Nike names Treasure Heinle chief human resources officer - Nike announced a change to its Senior Leadership Team. Treasure Heinle, Chief Talent Officer, will become the company's new Executive Vice President and Chief Human Resources Officer. In her new role, Heinle will be responsible for leading the global HR function and managing NIKE's People vision and strategy. She succeeds Monique Matheson who has decided to retire from NIKE after 26 years with the company. This leadership change is effective January 6, 2025. "Treasure is a well-rounded leader who, during her extensive career, has successfully worked across all aspects of the HR function," said Elliott Hill, President & CEO, NIKE, Inc. "She has a strong record of bringing the best to NIKE, driving a winning culture and building inclusive, world-class teams that deliver on the company's growth strategy."
ZM

Hot Stocks

16:15 EST Zoom Video increases share repurchase authorization by $1.2B - Zoom's board of directors authorized the repurchase of an additional $1.2B of Zoom's outstanding Class A common stock. This authorization is in addition to the amount remaining under the prior authorization for the share repurchase program, for a total of approximately $2B remaining to be repurchased.
RGF

Hot Stocks

16:13 EST Real Good Food receives additional Nasdaq delinquency notice - The Real Good Food Company announced that, on November 20, the Listing Qualifications Staff of The Nasdaq Stock Market notified the Company that the Company's failure to timely file its Form 10-Q with the Securities and Exchange Commission for the period ended September 30 serves as an additional basis for the delisting of the Company's securities from Nasdaq, per Nasdaq Listing Rule 5250 c1 . The Company previously presented its plan to file all delinquent periodic reports with the SEC, including the Form 10-Q for the period ended September 30, 2024, and requested an extension to do so at a hearing before the Nasdaq Hearings Panel . The Panel has not yet issued its decision following the hearing. Despite
SITC CURB

Hot Stocks

16:11 EST SITE Centers announces tax estimate for Curbline Properties distribution - SITE Centers Corp. (SITC) provided additional information related to the spin-off and distribution of Curbline Properties Corp. (CURB). On October 1, 2024, each shareholder of SITE Centers received two common shares of Curbline Properties in a taxable spin. The fair market value of the CURB shares received by SITE Centers shareholders for federal income tax purposes has been determined by SITE Centers to be $22.29 per CURB share. Based upon preliminary taxable net income analysis to date, the company estimates that approximately 21% of the CURB distribution constitutes a taxable capital gain and approximately 79% constitutes a return of capital. Full year 2024 operating results for SITE Centers could result in a change to the character of the CURB distribution. The final determination of the tax treatment of total 2024 distributions will be reported to SITE Centers shareholders on Form 1099-DIV, which will be issued in January 2025.
ATEK

Hot Stocks

16:08 EST Athena Technology Acquisition Corp. II receives NYSE noncompliance notice - Athena Technology Acquisition Corp. II received an official notice of noncompliance from NYSE Regulation stating that the Company is not in compliance with NYSE American continued listing standards due to the failure to timely file the Company's Form 10-Q for the quarter ended September 30, 2024 by the filing due date of November 19, 2024. The Company intends to file the Delinquent Report in the near future, however, there is currently no anticipated date for when such Filing Delinquency will be cured via the filing of the Delinquent Report. The Company expects, however, to regain compliance with the NYSE American continued listing standards once the Delinquent Report has been filed. In the interim, the NYSE American Notice has no immediate effect on the listing or trading of the Company's Class A common stock listed on NYSE American. There can be no assurance that the Company will ultimately regain and remain in compliance with all applicable NYSE American listing standards.
ZBH

Hot Stocks

16:06 EST Zimmer Biomet receives FDA approval for Oxford Cementless Partial Knee - Zimmer Biomet Holdings announced U.S. FDA Premarket Approval Application Supplement approval for the Oxford Cementless Partial Knee. The approval is based on safety and effectiveness data from an Investigational Device Exemption study and non-clinical testing for cementless partial knee replacement, The Oxford Cementless Partial Knee allows surgeons to perform a PKR with improved fixation,2 better long-term implant survival rate2,3 and improved efficiency in the operating room compared to the Oxford Cemented Partial Knee procedure. Following more than 20 years of clinical experience and over 300,000 procedures across Canada, Europe, Middle East, Africa, and Asia, the Oxford Cementless Partial Knee is now the only FDA-approved cementless partial knee implant in the U.S.
ATSG BA

Hot Stocks

16:03 EST ATSG delivers Boeing 767-300 freighter to CAMEX Airlines - Air Transport Services Group (ATSG) announced that its subsidiary Airborne Global Leasing has delivered a Boeing (BA) 767-300 converted freighter under a long-term lease agreement with Tbilisi-based CAMEX Airlines. The company expects to deliver a second Boeing 767-300 to CAMEX in 2025 under a separate lease agreement. "Our partnership with ATSG, the leader in freighter aircraft leasing, significantly enhances our capabilities and reach," said Ketevan Sabashvili, head of administration at CAMEX. "We are proud to offer expanded air freight solutions to our customers throughout the region with the addition of the Boeing 767-300 platform."
BRNS

Hot Stocks

16:03 EST Barinthus CSO Nadege Pelletier to depart, Geoffrey Lynn to succeed - Barinthus Biotherapeutics announced the promotion of Geoffrey Lynn to chief scientific officer, or CSO, effective as of December 1. Lynn succeeds Nadege Pelletier, who decided to pursue alternative opportunities closer to home after having served as Barinthus Bio's CSO since early 2023.
VSTO

Hot Stocks

16:03 EST Vista Outdoor stockholders approve CSG transaction to acquire Kinetic - Vista Outdoor announced that its stockholders voted to approve the sale of The Kinetic Group to Czechoslovak Group a.s. at its special meeting of stockholders held earlier Monday. Vista Outdoor and CSG have received all regulatory approvals required under the merger agreement for the CSG Transaction and intend to close the CSG Transaction on November 27, 2024. Under the terms of the CSG Transaction, Vista Outdoor stockholders will receive $25.75 in cash and one share of Revelyst common stock for each share of Vista Outdoor common stock they hold. "We are thrilled to have received overwhelming support from our stockholders for the compelling transaction with CSG," said Michael Callahan, Chairman of the Vista Outdoor Board of Directors. "The CSG transaction maximizes value for our stockholders, while also providing an ideal home for our leading ammunition brands and significant opportunities for our employees." Based on the vote count from the special meeting of stockholders, approximately 97.89% of votes cast were in favor of the CSG Transaction, representing approximately 82.57% of all outstanding shares. The final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission.
FLUX

Hot Stocks

16:02 EST Flux Power receives non-compliance letter from Nasdaq - Flux Power Holdings announced that on November 20, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 and its Annual Report on Form 10-K for fiscal year ended June 30, 2024, with the Securities and Exchange Commission. This notification has no immediate effect on the listing of the Company's common stock on the Nasdaq. Under the Nasdaq rules, the Company has until December 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the Form 10-K to regain compliance, or April 14, 2025. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.
NTRA GH

Hot Stocks

15:54 EST Natera 'disagrees' with jury's decision in Guardant Health litigation - Natera (NTRA) issued the following statement: "In 2021, Natera and Guardant Health (GH) filed false advertising cases against each other concerning statements both companies made more than three years ago about Guardant's Reveal test. Today, a jury issued a decision in Guardant's favor. We disagree with this decision and will ask the Court to overturn it. The jury was asked to evaluate comparative advertisements that ran for a brief period in 2021 related to the performance of Guardant's Reveal test. This case had nothing to do with the validity or utility of Signatera, and certain key pieces of evidence supporting Natera's case were not included in this trial. In the years that have passed since these events, Signatera has become the most widely used MRD test in the U.S., extensively validated with published evidence in more than 100 peer-reviewed papers across multiple cancer types and indications."
TSLA

Hot Stocks

15:43 EST Musk says California plan that would exclude Tesla from EV credits 'insane' - Replying to a Bloomberg report that said California Governor Gavin Newsom announced that if the incoming Trump Administration eliminates a federal ZEV tax credit, he will propose creating a new version of the state's Clean Vehicle Rebate Program, which would exclude popular Tesla models from eligibility, Tesla CEO Elon Musk stated on X: "Even though Tesla is the only company who manufactures their EVs in California! This is insane." Reference Link
TSLA...

Hot Stocks

13:37 EST California to restart ZEV rebate if federal credit eliminated, may exclude Tesla - California, which notes that it has surpassed 2M zero-emission vehicles, or ZEV, sold, "reaffirming California's status as the country's leader in clean vehicles," notes that Governor Gavin Newsom announced that if the incoming Trump Administration eliminates a federal ZEV tax credit, he will propose creating a new version of the state's successful Clean Vehicle Rebate Program, which was phased out in 2023. The proposed California rebates, which would include changes to promote innovation and competition in the ZEV market, could come from the Greenhouse Gas Reduction Fund, which is funded by polluters under the state's cap-and-trade program, the state noted. The governor's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla (TSLA) EV models. The details will be under negotiation with the state legislature and could change. "It's about creating the market conditions for more of these car makers to take route," according to the governor's office. Other publicly traded automakers include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Toyota (TM) and Volkswagen (VWAGY). Reference Link
FWONA GM

Hot Stocks

13:36 EST Formula One reaches agreement with GM for 11th team in 2026 - Liberty Formula One (FWONA) announced that it has reached an agreement in principle with General Motors (GM) to support bringing GM/Cadillac as the 11th team to the Formula 1 grid in 2026. "Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024.Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the eleventh team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process and will provide further updates in due course," the company said in a statement. Reference Link
TRS

Hot Stocks

13:02 EST TriMas launches new TriMas Packaging facility in Haining, China - TriMas announced the launch of its new 225,000 square foot facility for its TriMas Packaging group in Haining, China. This milestone follows last year's decision to rationalize two manufacturing facilities into one new facility. TriMas exited both its Hangzhou, China, and older Haining, China facilities, consolidating them into a single, new facility in Haining with advanced capabilities to better serve customers across China and the wider Asian markets. The highly automated facility is equipped with advanced injection molding and assembly capabilities, autonomous robots including Automated Guided Vehicles, robotic auto palletizing and a specialized Warehouse Management System. These innovations streamline material handling processes, reduce labor expenses, minimize safety risks and support the Company's sustainability goals through energy-efficient systems and waste reduction practices. Additionally, the facility features a quality lab, a 100,000-level clean room and QS certification, ensuring compliance with stringent food safety standards in China. The Haining facility manufactures dispensing and airless lotion pumps, foaming pumps, caps and closures, primarily for the beauty and personal care markets. It also produces e-commerce lotion pumps to meet the growing demand in the online retail sector.
HIMS

Hot Stocks

12:39 EST Hims & Hers jumps after Trump nominates Dr. Marty Makary for FDA - Shares of Hims & Hers are moving higher after President-elect Donald Trump nominated Dr. Marty Makary, a pancreatic surgeon at Johns Hopkins University, as commissioner of the Food and Drug Administration. Makary is also Chief Medical Officer at startup startup Sesame, which prescribes compounded GLP-1 weight loss drugs through the mail. Hims & Hers also sells compounded weight loss drugs. The stock in midday trading is up 18%, or $4.60, to $29.93.
NVDA

Hot Stocks

12:16 EST Nvidia announces AI model that generates novel sounds, modifies voices - In a blog post, Nvidia introduced Fugatto, short for Foundational Generative Audio Transformer Opus 1, an AI model that generates or transforms any mix of music, voices and sounds described with prompts using any combination of text and audio files. For example, it can create a music snippet based on a text prompt, remove or add instruments from an existing song, change the accent or emotion in a voice - even let people produce sounds never heard before. "We wanted to create a model that understands and generates sound like humans do," said Rafael Valle, a manager of applied audio research at NVIDIA and one of the dozen-plus people behind Fugatto, as well as an orchestral conductor and composer. Reference Link
ACHR

Hot Stocks

12:01 EST Archer Aviation rises 28.0% - Archer Aviation is up 28.0%, or $1.69 to $7.73.
SRFM

Hot Stocks

12:01 EST Surf Air Mobility rises 30.1% - Surf Air Mobility is up 30.1%, or 81c to $3.49.
EVTL

Hot Stocks

12:01 EST Vertical Aerospace rises 38.6% - Vertical Aerospace is up 38.6%, or $1.85 to $6.64.
ZIM

Hot Stocks

12:00 EST ZIM Integrated falls -8.3% - ZIM Integrated is down -8.3%, or -$1.98 to $21.80.
OKLO

Hot Stocks

12:00 EST Oklo falls -8.3% - Oklo is down -8.3%, or -$2.10 to $23.10.
FOA

Hot Stocks

12:00 EST Finance of America falls -16.2% - Finance of America is down -16.2%, or -$3.57 to $18.51.
SNDR

Hot Stocks

11:01 EST Schneider National announces plans to acquire Cowan Systems for $390M in cash - Schneider National announced that the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated entities, for a cash purchase price of approximately $390M, subject to certain adjustments. The sale includes separate agreements to purchase certain real estate assets relating to Cowan Systems' business for approximately $31M in cash. "This acquisition aligns with Schneider's long-term vision to have customer-centric Dedicated solutions as the cornerstone of its Truckload segment. By complementing our organic Dedicated growth success with transactions like this, we are broadening our presence to provide greater value to our customers and stakeholders," said Schneider President and CEO Mark Rourke.
NVEI

Hot Stocks

11:00 EST Nuvei announces selection by Delaware North's interactive gaming division - Nuvei Corporation announces that it has been selected by Delaware North's interactive gaming division to power deposits and payouts for Betly, its online real-money casino and sports betting brand. Delaware North operates Betly in West Virginia, Arkansas, Tennessee and Ohio in the United States. Philip Fayer, Nuvei Chair and CEO added: "We're thrilled to partner with Delaware North, one of the premier brands in the hospitality and gaming industry in the U.S. This collaboration showcases our commitment to providing the most relevant and modern payment solutions that drive growth for our customers by enhancing the end user experience in the rapidly evolving iGaming market, further solidifying our position as a global leader in this arena."
TGEN

Hot Stocks

10:53 EST Tecogen receives orders for seven DTX chillers - Tecogen announced orders for seven 400-ton DTX chillers for the iconic Las Vegas Convention Center. These chillers are part of a project to modernize the convention center's Central Cooling Plant with newer, more efficient chillers, pumps, and other equipment.
XCUR

Hot Stocks

10:49 EST Exicure Inc trading resumes
XCUR

Hot Stocks

10:44 EST Exicure Inc trading halted, volatility trading pause
CCL

Hot Stocks

10:34 EST Carnival appoints Gus Antorcha as president, Princess Cruises - Carnival Corporation announced important moves within its global leadership team for Princess Cruises, Holland America Line and Seabourn. Gus Antorcha, currently president of Holland America Line, has been named president of Princess Cruises, effective Dec. 2, 2024, replacing John Padgett, who is stepping away from the business in mid-February 2025. With the leadership change, Beth Bodensteiner, currently senior vice president and chief commercial officer for Holland America Line, has been promoted to president of the cruise line, effective Dec. 2, 2024. Both Antorcha and Bodensteiner will report to Josh Weinstein, CEO of Carnival Corporation & plc. Bodensteiner will also have executive responsibility for the company's ultra-luxury Seabourn cruise line as the brand welcomes Mark Tamis back to Carnival Corporation as its new president replacing Natalya Leahy, who has served in various capacities through her career at Carnival.
EZFL

Hot Stocks

10:32 EST EzFill signs agreement for purchase of Yoshi Mobility's fuel division - EzFill Holdings has signed a definitive agreement to acquire the fueling division of Yoshi, Inc. with the aim of expanding its U.S operations and presence. Under the terms of the agreement, EzFill will acquire Yoshi Mobility's existing mobile fuel service assets and allows EzFill to begin operations in four new states: California, Tennessee, Texas, and Michigan. EzFill will integrate Yoshi's assets, operations and customers into its growing infrastructure. With this acquisition, EzFill plans to not only strengthen the company's footprint in its existing markets but also take advantage of EzFill's national customers and begin offering services to them in those markets. EzFill will immediately add diesel fueling to the services currently offered by Yoshi in those markets which the Company believes will immediately increase revenues in those areas. Additionally, EzFill hopes to initiate an aggressive national expansion plan, positioning itself as a leading player in the on-demand fueling sector. Based in Nashville, Tennessee, Yoshi Mobility is a major mobility services provider backed by strategic investors such as General Motors Ventures, ExxonMobil, and Bridgestone Americas. These investments have played a pivotal role in establishing Yoshi Mobility as a trailblazer in the mobile fueling industry. As part of the Agreement Yoshi will become shareholders in EzFill. The definitive agreement contains customary closing conditions and is expected to close by December 2, 2024.
SRRK BHVN

Hot Stocks

10:16 EST Scholar Rock up after Biohaven SMA data disappoints - Shares of Scholar Rock (SRRK) are up $9.02, or 30%, to $38.94 in morning trading after rival Biohaven (BHVN) reported that taldefgrobep alpha showed clinically meaningful improvements in motor function at all timepoints on the Motor Function Measurement-32 scale, but the treatment arm did not statistically separate on the primary outcome at Week 48 compared to the placebo+standard of care group, in the RESILIENT SMA study. Previously, Scholar Rock hit on the primary endpoint in the company's own Phase 3 trial of apitegromab in patients with SMA, or spinal muscular atrophy. In Monday morning trading, shares of Biohaven are off their earlier lows, trading fractionally above and below the stock's prior day closing price.
ARW AVGO

Hot Stocks

10:11 EST Arrow Electronics sings new agreement with Broadcom for VMware solutions - Arrow Electronics (ARW) signed a new agreement with Broadcom (AVGO) for the distribution of VMware solutions in the U.S. and Canada. Under the new agreement, Arrow will deliver VMware private cloud infrastructure solutions through its ArrowSphere platform, including VMware Cloud Foundation, VMware vSphere Foundation, VMware vSAN and VMware vSphere Standard. Channel partners can benefit from immediate access to Arrow's personalized assistance, training programs, and certified resources as part of its high-quality support services that span the commercial IT lifecycle.
PFG

Hot Stocks

10:09 EST Principal Financial appoints Lisa Coulson as CHRO - Principal Financial Group announced Lisa Coulson as the company's next chief human resources officer and senior vice president, effective Nov. 30, 2024. Coulson previously served as vice president of human resources. Coulson succeeds Jon Couture, who is departing the organization after six years with the firm.
VEON

Hot Stocks

10:07 EST VEON announces shares now trade exclusively on Nasdaq - VEON announces the consolidation of its share trading on the Nasdaq Capital Market in New York. Effective from today, VEON's common shares are no longer listed or traded on Euronext Amsterdam, with all public trading of VEON's equity securities now concentrated on Nasdaq. This strategic move is aimed at enhancing trading liquidity and simplifying reporting requirements for the company. VEON has also previously announced the decision to move its Group headquarters to Dubai, in closer proximity to the Company's Central and South Asian markets and increasing the visibility of VEON for Gulf investors. When the move is completed, VEON will be the largest Nasdaq-listed company with a Group headquarters in Dubai.
ALHC

Hot Stocks

10:04 EST Alignment Health Plan announces enhanced agreement with Arizona Priority Care - Alignment Health Plan announced that members enrolled in its HMO plans in Maricopa County now have access to over 4,500 primary care providers, specialists and hospitals, including more than a dozen Banner Health hospitals, through its partnership with Arizona Priority Care, an affiliate of Heritage Provider Network. Arizona Priority Care first entered into an agreement with Alignment when the MA plan debuted in the state in 2022. Through this relationship, Alignment Health Plan members will now have expanded access to Arizona Priority Care's network of providers and hospitals that serve Maricopa County.
PPG

Hot Stocks

10:02 EST PPG completes sale of silicas products business to QEMETICA - PPG has completed the sale of its silicas products business for approximately $310M in pre-tax proceeds to QEMETICA a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty chemicals. PPG's silicas products business manufactures and supplies precipitated silica products to major companies around the world as performance-enhancing additives. In 2023, the silica products business represented between 1-2% of PPG's total net sales. The transaction includes PPG's precipitated silicas manufacturing facilities in Lake Charles, Louisiana, and Delfzijl, The Netherlands. In addition, QEMETICA will lease silicas manufacturing and research and development operations at PPG sites in Barberton, Ohio and Monroeville, Pennsylvania, respectively. The silicas products business is led by about 400 employees. The transaction is the result of PPG's evaluation of strategic alternatives for the business, which was first announced on January 9, 2024. Morgan Stanley & Co. LLC acted as PPG's financial advisor and Hogan Lovells served as its legal advisor.
LHX

Hot Stocks

10:01 EST L3Harris Technologies awarded $999M contract from U.S. Navy - L3Harris Technologies has received an indefinite delivery, indefinite quantity award from the U.S. Navy, worth up to $999M, to provide U.S. and coalition forces with resilient communications technology. Over the next five years, L3Harris will deliver its Multifunctional Information Distribution System Joint Tactical Radio System Terminals. L3Harris is one of two providers of the MIDS JTRS solution, which is a critical, software-defined Link 16 resilient communication radio for a variety of air, ground and maritime platforms.
BBWI

Hot Stocks

10:00 EST Bath & Body Works rises 20.8% - Bath & Body Works is up 20.8%, or $6.40 to $37.11.
ACHR

Hot Stocks

10:00 EST Archer Aviation rises 22.4% - Archer Aviation is up 22.4%, or $1.35 to $7.39.
QBTS

Hot Stocks

10:00 EST D-Wave Quantum rises 24.7% - D-Wave Quantum is up 24.7%, or 72c to $3.65.
LABD

Hot Stocks

10:00 EST Daily S&P Biotech Bear 3x Shares falls -7.8% - Daily S&P Biotech Bear 3x Shares is down -7.8%, or -48c to $5.69.
GB

Hot Stocks

10:00 EST Global Blue falls -9.7% - Global Blue is down -9.7%, or -58c to $5.38.
FOA

Hot Stocks

10:00 EST Finance of America falls -10.2% - Finance of America is down -10.2%, or -$2.25 to $19.82.
QMCO

Hot Stocks

09:58 EST Quantum Corp trading resumes
QMCO

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09:53 EST Quantum Corp trading halted, volatility trading pause
SANW

Hot Stocks

09:53 EST S&W Seed trading resumes
GCO

Hot Stocks

09:48 EST Genesco rises 9.5% - Genesco is up 9.5%, or $2.99 to $34.59.
QBTS

Hot Stocks

09:48 EST D-Wave Quantum rises 12.3% - D-Wave Quantum is up 12.3%, or 36c to $3.29.
BBWI

Hot Stocks

09:48 EST Bath & Body Works rises 18.6% - Bath & Body Works is up 18.6%, or $5.71 to $36.42.
ZIM

Hot Stocks

09:47 EST ZIM Integrated falls -6.9% - ZIM Integrated is down -6.9%, or -$1.63 to $22.15.
BHVN

Hot Stocks

09:47 EST Biohaven falls -9.0% - Biohaven is down -9.0%, or -$4.09 to $41.50.
GB

Hot Stocks

09:47 EST Global Blue falls -10.6% - Global Blue is down -10.6%, or -63c to $5.33.
UXIN

Hot Stocks

09:42 EST Uxin Ltd trading resumes
KODK

Hot Stocks

09:33 EST Kodak trading resumes
SANW

Hot Stocks

09:33 EST S&W Seed trading halted, volatility trading pause
UXIN

Hot Stocks

09:32 EST Uxin Ltd trading halted, volatility trading pause
LPX

Hot Stocks

09:20 EST Louisiana-Pacific appoints Leslie Davis as chief accounting officer - LP Building Solutions announced the appointment of Leslie Davis to VP, controller and chief accounting officer, effective immediately. In her new role, Davis will oversee LP's accounting, internal controls, and financial reporting. She will also be responsible for ensuring compliance with governance standards and managing both internal and external financial disclosures.
NXDT

Hot Stocks

09:17 EST NexPoint Hospitality Trust to be acquired by NexPoint Diversified Real Estate - NexPoint Hospitality Trust and NexPoint Diversified Real Estate Trust announced the execution of a definitive agreement on November 22, pursuant to which the REIT will be dissolved and its subsidiary entities merged with and into entities owned or controlled, directly or indirectly, by NXDT. Pursuant to the Transaction, each REIT unitholder will receive, for each trust unit of the REIT, either 36c cash per Unit or common shares of NXDT equal to the quotient of 36c divided by the volume weighted average price of the NXDT Common Shares quoted on the New York Stock Exchange for the ten trading days prior to closing of the Transaction. Subject to the satisfaction of all conditions precedent, the Transaction is expected to be completed in the first quarter of 2025. Upon closing of the Transaction, the REIT's Units will be delisted from the TSX Venture Exchange. Raymond James Limited has entered into a voting and support agreement pursuant to which it has agreed to support and vote the Units it owns or over which it exercises control or direction over, including on behalf of accounts over which it has discretionary authority, in favour of the Transaction.
INTC

Hot Stocks

09:17 EST Intel up 3% after CNBC report on CHIPS Act funding
MMSI

Hot Stocks

09:17 EST Merit Medical's WRAPSODY WAVE trial 'exceeds performance goals' for AVG patients - Merit Medical Systems announced six-month findings from the single-arm AVG cohort of its WRAPSODY Arteriovenous Access Efficacy pivotal trial. The data were presented at the 51st annual VEITHsymposium during the Novel Technologies in Hemodialysis Access session. An AVG is a synthetic tube that is used for long-term access to blood vessels for patients undergoing hemodialysis. However, over time, the graft may become narrow or blocked, resulting in potentially life-threatening consequences. Merit's WRAPSODY Cell-Impermeable Endoprosthesis is designed to restore and extend vessel access in hemodialysis patients, which is critical for patient survival. The WAVE trial was designed to evaluate the efficacy and safety of the WRAPSODY device. The AVG arm of the WAVE trial enrolled 112 patients across 43 international sites. All enrolled patients were treated with the WRAPSODY device. Based on survival analysis through six months, target lesion and access circuit primary patency for AVG patients in the WAVE trial were 82% and 68.8%, respectively. Primary efficacy and safety endpoints were assessed by comparing actual rates for the WRAPSODY device to performance goals for covered stents. Efficacy of the WRAPSODY device was 81.4%, which is 21.4 percentage points higher than the PG of 60%. The proportion of AVG patients who were free from an adverse event was higher than the safety PG.
INTC

Hot Stocks

09:16 EST Intel close to finalizing $8B CHIPS Act grant, CNBC says - Intel and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with the matter told CNBC's Rohan Goswami. That $8B will go towards Intel's factory-building efforts and the Commerce Department is expected to finalize the awards in the coming weeks, said the report, which adds that Intel is also in line for a $3B contract to manufacture chips for the Department of Defense. Reference Link
ESTC AMZN

Hot Stocks

09:13 EST Elastic collaborates with Amazon's AWS to leverage generative AI capabilities - Elastic (ESTC) it is strengthening its relationship with Amazon Web Services AWS (AMZN) by leveraging the latest generative artificial intelligence (AI) services from AWS. As part of this collaboration, Elastic is offering large language model LLM observability support for Amazon Bedrock in Elastic Observability. Amazon Bedrock is a fully managed service that offers a choice of high-performing foundation models FMs from leading AI companies via a single API, along with a broad set of capabilities organizations need to build generative AI applications with security, privacy, and responsible AI. The new integration offers Site Reliability Engineers SREs detailed insights into their Amazon Bedrock LLMs performance and usage. SREs can now leverage Elastic Observability to monitor invocations, errors, and latency metrics. This allows them to more proactively prevent incidents and identify root causes, ensuring optimal performance for their Amazon Bedrock-powered generative AI applications. Additionally, Elastic AI Assistant, which utilizes Amazon Bedrock, helps SREs accurately analyze data, generate visualizations, and provides actionable recommendations for issue resolution.
LEXX

Hot Stocks

09:13 EST Lexaria Bioscience completes dosing for GLP-1 human pilot study #3 - Lexaria Bioscience announced that dosing has been completed for human pilot study #3 investigating a DehydraTECH-processed version of the dual action glucagon-like peptide-1+ glucose-dependent insulinotropic peptide receptor agonist tirzepatide in an oral dose format. The Study has been dosed in nine healthy volunteers. The final seven-day dosing phase, wherein all subjects received the opposite treatment condition from that which they received during the initial dosing phase, was completed on November 16th. The initial dosing phase of either a seven-day regimen of oral DehydraTECH-processed tirzepatide capsules or a single injected tirzepatide dose was reported upon positively several weeks ago. No serious adverse events have been observed thus far during both dosing visits, which serves as a point of interest given Lexaria's desire to create an effective oral version of Eli Lilly's tirzepatide products, which currently only exist in an injectable form. The DehydraTECH composition for the Study was compound-formulated using the commercially available Zepbound injectable formulation as the tirzepatide input material. Tolerability, blood absorption levels, and blood sugar control are being evaluated in the Study. Through the Study, Lexaria is attempting to evidence meaningful absorption rates of tirzepatide in an oral format, which is not available in the market today since it is currently administered only by injection. The Company expects that data analysis will occur in December with results available in January, 2025.
CNSP

Hot Stocks

09:11 EST CNS Pharmaceuticals presents update from ongoing study of berubicin - CNS Pharmaceuticals announced the presentation of updated results from the on-going potentially pivotal study evaluating Berubicin, the Company's novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier, in a randomized, controlled study vs. Lomustine, which has been considered to be a standard of care in this recurrent glioblastoma population. This was a poster presentation at the 29th Annual Meeting of the Society for Neuro-Oncology held November 21-24, 2024 in Houston, TX. The poster titled, "Update on a Potentially Pivotal Trial CNS-201: A Randomized, Controlled Trial of Berubicin Vs. Lomustine After First-Line Therapy for Glioblastoma Multiforme," was presented bySandra Silberman, MD, PhD, Chief Medical Officer of CNS Pharmaceuticals. The data presented at the SNO Annual Meeting include comparative demographics, disposition of patients, MGMT promoter methylation status and safety, showing that the balance between the randomized arms has been maintained through enrollment of 239 patients into the study. Summary of Updated Results from the Potentially Pivotal Study: All patients enrolled show comparable demographics within each arm, including age, gender, race, BSA, and KPS. In addition, patients with unmethylated MGMT comprise approximately 40% in both arms, allowing for a reasonable comparison of efficacy irrespective of the methylation status. There is a slightly greater percentage of patients on the Berubicin arm compared to the Lomustine arm that have completed the study, but a greater percentage of patients on the Lomustine arm have withdrawn from the study, the most common reasons being patient preference and death. All grades of any reported adverse events and those of Grade 3-5 in severity occurring in more than 10% of patients are shown to be relatively similar in the Berubicin and Lomustine arms. A slightly greater percentage of patients with all grades or Grades 3-5 with anaemia, headache, and decrease in neutrophil counts were shown in patients receiving Berubicin, while a significantly greater percentage of patients with a decrease in platelet counts and thrombocytopenia occurred in patients receiving Lomustine. The primary endpoint of the study is Overall Survival, a rigorous endpoint the FDA has recognized as the basis for approval of oncology drugs when a statistically significant improvement can be shown relative to a randomized control arm. As previously announced in April 2024, the Company completed enrollment with 252 patients in this study evaluating Berubicin vs. Lomustine for the treatment of GBM. In December 2023, the Company announced the successful completion of its pre-planned interim futility analysis of efficacy and safety and received a recommendation from the independent Data Safety Monitoring Board to continue the study without modification. CNS Pharmaceuticals expects to report primary analysis data from its potentially pivotal study of Berubicin in the first half of 2025.
LAES

Hot Stocks

09:08 EST Sealsq says post-quantum chips 'ideal for securing critical infrastructures' - SEALSQ said it "is at the forefront of the transition to the robotization era with its groundbreaking post-quantum chips." The company said, "Designed to defend against the rising threat of quantum cyberattacks, these advanced chips are set to revolutionize security for critical infrastructure sectors globally. SEALSQ's post-quantum chips provide certified quantum-resistant security, optimized to safeguard the increasingly interconnected and digitized world. In light of accelerating advancements in quantum computing, SEALSQ chips offer robust encryption capabilities to protect sensitive data and operations from being compromised by future quantum decryption. Critical infrastructure industries-such as healthcare, energy, finance, and agriculture-are the backbone of national economies and daily life. However, these sectors face mounting threats from cyberattacks that can disrupt operations, compromise sensitive data, and have far-reaching consequences for society. Quantum computing, while promising immense technological advancements, also poses significant risks due to its ability to decrypt classical encryption methods which endangers the stability and security of critical infrastructures. SEALSQ's post-quantum chips are engineered to counter these risks, providing an unmatched level of protection with quantum-resistant algorithms that ensure data integrity and operational continuity. As the global economy shifts toward automation and robotics, the demand for secure and efficient hardware solutions becomes paramount. Robotic systems will play a central role in critical tasks, from managing healthcare diagnostics to optimizing energy grids and financial transactions. SEALSQ's post-quantum chips are uniquely suited to meet these demands, ensuring that robotic systems are impervious to cyber threats while maintaining optimal performance. SEALSQ is actively engaging with major electronics manufacturers to co-develop customized quantum-resistant chips tailored for their specific needs. These collaborations are poised to solidify SEALSQ's position as a key enabler of secure digital and robotic ecosystems."
KODK

Hot Stocks

09:08 EST Kodak reviewing options with respect to KRIP, including possible termination - In a regulatory filing, Eastman Kodak (KODK) disclosed that on November 20, the Kodak Retirement Income Plan Trust, in its capacity as holder of assets for the benefit of the Kodak Retirement Income Plan, or "KRIP," entered into a Purchase and Sale Agreement with Mastercard Foundation (MA). Pursuant to the agreement, the Trust agreed to sell and the buyer agreed to purchase certain private equity ownership interests and other illiquid assets held by the Trust for the benefit of KRIP having an aggregate net asset value as of March 31 of $764.4M for a purchase price of $550.6M payable in cash at closing. "Subsequent to the entry into the Agreement, the Trust entered into or expects to enter into in the near term Purchase and Sale Agreements similar to the Agreement with four other investors pursuant to which the Trust agreed or will agree to sell and such investors agreed or will agree to purchase certain KRIP Illiquid Assets having an aggregate net asset value as of the Reference Date of $87.3M for a purchase price of $61.7M payable in cash at closing, except for $15.3M of cash proceeds which are payable on a deferred basis on December 31, 2025. The Sale Agreements were entered into as a result of the previously announced secondary sale process with respect to the KRIP Illiquid Assets being conducted by a third-party broker. Assuming the consummation of the transactions contemplated by the Sale Agreements, the Trust will continue to hold KRIP Illiquid Assets having a net asset value of $161.3M as of September 30, 2024. KRIP also owns interests in hedge funds having a net asset value of $917.2M as of September 30, 2024 which are not included in the KRIP Illiquid Assets. As previously reported, redemption notices have been given with respect to a substantial majority of Hedge Fund Assets and KRIP expects to receive proceeds from the redemption of those Hedge Fund Assets in accordance with the agreements governing the relevant Hedge Fund Assets. The Board of Directors of Eastman Kodak Company, the settlor of KRIP, is reviewing options with respect to KRIP, including the possible termination of KRIP, and has instructed the committee with authority to manage KRIP's assets to take actions appropriate to position KRIP for a potential termination. At this time, the Board has not yet made a formal determination to terminate KRIP. The following disclosure summarizes what Kodak expects and projects to occur in the event of a termination of KRIP assuming the transactions under the Sale Agreements are consummated as contemplated and the Board determines to terminate KRIP. A termination of KRIP would not impair the accrued benefits of any participant under KRIP; rather, the first step in the termination process would be the satisfaction of KRIP's liabilities to all participants in a manner complying with applicable laws. It is anticipated that KRIP's liabilities would be satisfied through a combination of lump sum distributions to active and terminated vested participants who elect a lump sum distribution and the purchase of an annuity from an insurance company with respect to existing KRIP annuity obligations for current retirees and beneficiaries and annuity obligations arising from the termination to active and terminated vested participants who do not elect to receive lump sum distributions. The cost to satisfy KRIP's liabilities will be affected by a variety of factors including interest rate fluctuations, the portion of active and terminated vested participants who elect lump-sum distributions, the premium payable to purchase the annuity, and other actuarial factors used to calculate the value of KRIP's ongoing annuity obligations," the filing noted.
PHIL

Hot Stocks

09:08 EST PHI Group subsidiary, KOASTAL ECO sign MoU - PHI Group announces that PHILUX GLOBAL ENERGY, a subsidiary of the Company, and KOASTAL ECO INDUSTRIES, subsidiary of KOASTAL ECO SND, BHD, have signed a Memorandum of Understanding, MoU, to grant KEI a non-exclusive right to sell and distribute geomagnetic energy products manufactured, produced, or sold by Philux Global Energy in Malaysia. PGE's core technologies will include Schumann magnetic resonance, utilizing energy from lightning in the ionosphere, storage in the natural atmosphere as Energy Storage Systems, acceleration of Muon particles in the module, taking advantage of wave nodes and wave troughs in the process of transmitting energy in the form of multi-frequency impulses.
KODK MA

Hot Stocks

09:05 EST Kodak Retirement Income Plan Trust to sell some assets to Mastercard Foundation - In a regulatory filing, Eastman Kodak disclosed that on November 20, the Kodak Retirement Income Plan Trust, in its capacity as holder of assets for the benefit of the Kodak Retirement Income Plan, or "KRIP," entered into a Purchase and Sale Agreement with Mastercard Foundation (MA). Pursuant to the agreement, the Trust agreed to sell and the buyer agreed to purchase certain private equity ownership interests and other illiquid assets held by the Trust for the benefit of KRIP having an aggregate net asset value as of March 31 of $764.4M for a purchase price of $550.6M payable in cash at closing. "The closing is scheduled to occur as of December 31, 2024, but a portion of the KRIP Illiquid Assets subject to the Agreement may be sold at one or more subsequent closings in accordance with the terms of the Agreement. The Agreement contains representations, warranties, covenants, conditions and other provisions customary for secondary sales of private equity investments," the filing stated. Reference Link
ENVB

Hot Stocks

09:04 EST Enveric Biosciences completes PK EB-003 studies - Enveric Biosciences announced the completion of preclinical pharmacokinetic, or PK, studies in rat and dog further supporting the oral bioavailability and targeted non-hallucinogenic profile of EB-003. The PK studies demonstrated oral bioavailability in rat and dog studies that was dose-proportional, as was also shown previously in a mouse model. No clinical signs, including those associated with hallucination, were observed in either study. For example, in dogs, ataxia and vocalization were not observed. Additionally, significant brain penetration was demonstrated in the rat model with a brain/plasma ratio of about 5-6, which is significantly higher than was seen in the mouse model. This increased brain/plasma ratio could translate to enhanced efficacy, lower doses, and less off-target side effects if these findings are confirmed in clinical trials.
TECH

Hot Stocks

09:04 EST Gemini Bioproducts acquires selected FBS product rights from Bio-Techne - Gemini Bioproducts announced the acquisition of selected fetal bovine serum product rights and inventory from Bio-Techne. GeminiBio has a 39-year history of supporting FBS customers. With this agreement, GeminiBio builds on these capabilities, by securing the manufacturing and global sales rights for Bio-Techne's R&D Systems fetal bovine serum product brands, Optima, Premium Select, and Premium. Following Bio-Techne's decision to discontinue their FBS products, GeminiBio worked closely with the company to create a seamless transition plan, ensuring continuous access to these high-quality FBS products for existing customers. The effective date for the transition of these products to GeminiBio is December 3.
SAVA

Hot Stocks

09:04 EST Cassava Sciences sinks 84% to $4.21 after Alzheimer's study miss
PHG

Hot Stocks

09:04 EST Philips, icometrix to deploy AI solution for reporting results of MRI scans - Royal Philips and icometrix have teamed up to deploy an AI-driven, end-to-end solution for acquiring, reading, and reporting the results of MRI brain scans to optimize diagnosis and treatment monitoring of neurological conditions including Alzheimer's and multiple sclerosis. Unveiled at RSNA 2024, icometrix's unique AI-powered quantitative reporting software is seamlessly integrated into Philips' latest BlueSeal MR scanners through Philips' new Smart Reading capability, providing consistent and more accurate diagnosis. The software will also be deployed on Philips' healthcare informatics platform - including Philips cloud-based AI Manager.
CRC

Hot Stocks

09:03 EST California Resources names Clio Crespy as Chief Financial Officer - California Resources announced that Clio C. Crespy will join the Company as Executive Vice President and Chief Financial Officer, effective January 1, 2025. CRC's current CFO Nelly Molina will be stepping down at the end of the year. Crespy most recently was Senior Managing Director, Investment Banking, Global Energy & Power at Guggenheim Securities
DASH

Hot Stocks

09:02 EST DoorDash announces partnership with InComm Payments - InComm Payments and DoorDash announced a partnership enabling consumers to browse, purchase and order delivery of gift cards for hundreds of merchants within the DoorDash app. The offering will launch on Friday, Nov. 29, with promotions beginning on Black Friday that offer limited-time discounts on select digital gift card orders made through the app or website* by eligible customers. In addition to physical gift card deliveries from local merchants, consumers can conveniently order physical gift cards from DashMart - a new type of fulfillment platform and store from DoorDash that offers businesses big and small a new channel to reach customers. InComm Payments manages the supply of popular gift cards to DashMart locations across the country, enabling Dashers to quickly pick up orders and deliver them to customers.
BF.A...

Hot Stocks

08:59 EST Brown-Forman chairman Campbell Brown to step down - Brown-Forman announced that Campbell Brown will step down as chair of the Brown-Forman board of directors in July. Subject to his reelection at the annual meeting, he will continue to serve on the board as a director. Marshall Farrer, a fifth-generation descendent of the company's founder and a current director of the board, will assume the role of chair of the board, subject to his reelection to the board.
NAT

Hot Stocks

08:59 EST Nordic American Tankers announces results of annual meeting - Nordic American Tankers conducted its Annual General Meeting of Shareholders Thursday, November 21, 2024 in Monaco. The company said, "A quorum was present, and the following resolutions were approved and adopted at the Meeting: Election of Founder, Chairman & CEO Herbjorn Hansson to serve as Director & Chairman of the Board; Election of Alexander Hansson to serve as Director of the Board; Election of Jenny Chu to serve as Director of the Board; Approval of the appointment of KPMG as the Company's independent auditors. The board has the authority to replenish a vacant position, to ensure that the NAT Board always consists of four members. We are in a strong market and prospects are good."
ASNS

Hot Stocks

08:58 EST Actelis Networks receives two expansion orders from Washington DC DOT - Actelis Networks has received new orders for the Washington DC Department of Transportation. These orders follow the approximately $2.3M order announced in May 2024 which played a crucial role in modernizing and standardizing DDOT's network connectivity infrastructure along its roadways and intersections. Actelis is collaborating with M.C. Dean, a key integrator for DDOT.
LPLA

Hot Stocks

08:56 EST LPL Financial: Happier Wealth joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisors Will Beck, Mike Macfarlane, Tyler Vongsawad and Sam Rosen have joined LPL Financial's broker-dealer, RIA and custodial platforms to launch a new independent practice, Happier Wealth. They reported having served approximately $250 million in advisory, brokerage and retirement plan assets and join LPL from Northwestern Mutual. Located in Pleasant Grove, Utah, the Happier Wealth team has more than 70 years of collective experience in financial services. Macfarlane mentored Beck and Vongsawad as college interns, and they have all remained close friends throughout their careers. As the three founding partners of Happier Wealth, the advisors are looking to build a collaborative environment where they can live out their mission of helping clients live happier, more fulfilled lives.
KODK

Hot Stocks

08:53 EST Kodak trading halted, news pending
HURA

Hot Stocks

08:47 EST TuHURA Biosciences sees cash runway into 2H25 - In connection with the Company's recently completed merger with Kintara, a $31 million fully-funded financing was closed and is expected to fund planned operations late into the second half of 2025. Prior to the merger, the Company raised an additional $5 million to fund the Exclusivity and Right of First Offer Agreement with Kineta relating to KVA12123, its Phase 2 ready VISTA inhibiting antibody, which would be applied to the acquisition consideration if a definitive agreement is entered into with Kineta.
HURA

Hot Stocks

08:46 EST TuHURA Biosciences expects to complete enrollment for REM-001 study in Q4 - The legacy asset from the completed merger with Kintara Therapeutics, Inc., REM-001, is a late-stage photodynamic therapy currently being evaluated in an open-label 15- patient study for the treatment of cutaneous metastatic breast cancer. As of October 7, 2024, four patients had been dosed. The Company currently expects to complete enrollment in Q4 2024. Based on the Company's strategic focus on advancing its technologies that seek to overcome the major obstacles that limit the effectiveness of current immunotherapies in treating cancer, TuHURA plans to seek licensing opportunities for REM-001. In connection with the completed merger with Kintara, existing stockholders of Kintara received contingent value rights entitling them to receive additional shares of TuHURA common stock upon achievement of enrollment of a minimum of 10 patients in the REM-001 Study, with such patients each completing 8 weeks of follow-up on or before December 31, 2025.
SOAR

Hot Stocks

08:45 EST Volato launches 'new premium membership tier' Vaunt Cabin Plus - Volato Group announced that Vaunt,"the leading private aviation platform for accessing affordable private aviation experiences, launched its new premium membership tier, Vaunt Cabin Plus, and the rebranding of its existing membership as Vaunt Core. These significant milestones underscore Vaunt's commitment to redefining the private aviation experience for its members...Vaunt Core: Formerly known as the standard Vaunt membership, this tier offers access to light jets for up to four passengers, providing a cost-effective entry into private aviation.....The launch of Vaunt Cabin Plus represents a new chapter in our mission to democratize private aviation," said Nicholas Cooper, President of Vaunt. "These membership tiers deliver value to our members and are designed to support the growth of our recently announced Third Party Operator Program while increasing our flight inventory for members."
HURA

Hot Stocks

08:45 EST TuHURA Biosciences announces upcoming milestone targets - TuHURA is targeting the achievement of the following potential milestones for the remainder of 2024 and 2025: Q4 2024: Reach a potential definitive agreement for acquisition of KVA12123 VISTA inhibiting antibody via merger with Kineta, subject to continuing diligence and negotiations with Kineta; H1 2025: Initiate IFx-2.0 Phase 3 trial; H1 2025: IFx-2.0 Inhibitor Resistant "basket" trial; H1 2025: Complete potential acquisition of transaction involving Kineta's KVA12123; H2 2025: Commence VISTA inhibiting Mab Phase 2 trials; H2 2025: Bi-specific MDSC targeted ADC in vivo POC; H2 2025: IFx-3.0: CD22+ tumor targeted mRNA in vivo POC studies.
HURA

Hot Stocks

08:44 EST TuHURA Biosciences outlines development pathway for IFx-2.0 - TuHURA Biosciences provided a business update and outlined upcoming targeted milestones. "We have made significant progress toward accomplishing our 2024 corporate objectives, including reaching a Special Protocol Assessment agreement with the FDA by working with the Oncology Center of Excellence and FDA's Project Front Runner initiative for a novel Phase 3 trial design for IFx-2.0 under the FDA's accelerated approval pathway. This single registration directed trial, in addition to its primary endpoint of Overall Response Rate, it will also incorporate a key secondary endpoint of Progression Free Survival that, if achieved, can satisfy the requirement for a post-approval confirmatory trial, potentially converting accelerated approval to full approval," commented James Bianco, CEO. "We have also advanced our efforts toward the potential acquisition of KVA12123, a novel VISTA inhibiting antibody, with a non-binding letter of intent, which would bring to our pipeline a Phase 2 ready candidate with therapeutic synergies across our pipeline and technologies, all while becoming a NASDAQ-listed Company after having raised significant capital adequate to advance our current programs late into the second half of 2025." Innate Immune Response Agonists: TuHURA's IFx technology utilizes a proprietary plasmid DNA or messenger RNA which, when introduced into or targeted to a tumor, results in the expression of a highly immunogenic gram-positive, bacterial protein on the surface of the tumor cell, making the tumor look like a bacterium. Gram-positive bacterium has molecular patterns, or motifs, preserved over evolution which are recognized by receptors on our immune cells called toll like receptors. TLR 2 specifically recognizes the pattern of gram-positive bacterial proteins, like Emm55 leading to the activation of antigen presenting cells. Once activated, APCs digest the tumor cell and present non-self, tumor neoantigens to newly produced T and B cells, activating a tumor-specific adaptive immune response. Through its activation of tumor specific T cells, IFx-2.0 administration can potentially overcome primary resistance to checkpoint inhibitors. TuHURA is preparing to initiate a single, randomized, placebo-controlled Phase 3 accelerated approval trial of IFx-2.0 administered as an adjunctive therapy to Keytruda versus pembrolizumab plus placebo in first line treatment for checkpoint inhibitor-naive patients with advanced or metastatic MCC. The data from the Company's Phase 1b trial in patients with advanced or metastatic MCC who exhibited primary resistance to CPI was used to support a potential single registration directed trial. Consistent with the FDA's Project Front Runner Initiative, the FDA's OCE recommended investigating IFx-2.0 in the first line setting rather than in patients progressing on first line therapy. Project Front Runner is an FDA OCE initiative to encourage drug sponsors to consider when it may be appropriate to first develop and seek approval of new cancer drugs for advanced or metastatic disease, in an earlier clinical setting rather than the usual approach to develop and seek approval of a new drug for treatment of patients who have received numerous prior lines of therapies or have exhausted available treatment options. The FDA also encouraged the Company to consider designing the trial to include a key secondary endpoint shown to be of clinical benefit like PFS allowing this accelerated approval trial to potentially satisfy both the requirements for accelerated approval based on ORR, while satisfying the requirement for a post-approval confirmatory trial if the secondary PFS endpoint is achieved. The trial will be conducted under an SPA agreement with the FDA. Tumor Microenvironment Modulators: Leveraging its Delta receptor technology, TuHURA is developing bi-specific immune modulating ADCs or PDCs targeting MDSCs to inhibit their immune suppressing effects on the tumor microenvironment to prevent T cell exhaustion and acquired resistance to checkpoint inhibitors and cellular therapies. Potential Acquisition of Novel Anti-VISTA Checkpoint Inhibitor: As previously announced on July 8, 2024, TuHURA entered into an Exclusivity and Right of First Offer Agreement with Kineta for the potential acquisition of Kineta's KVA12123 VISTA inhibiting antibody. TuHURA has continued to engage in discussions and negotiations with Kineta and has entered into a non-binding letter of intent regarding a potential transaction in which TuHURA would acquire the rights to KVA12123 for a combination of cash and shares of TuHURA common stock via a merger transaction structure. KVA12123 has completed enrollment in its monotherapy arm, demonstrating safety at its highest dose level. Kineta anticipates completion of enrollment in the combination therapy arm where KVA12123 is administered with Merck's anti-PD1 therapy, KEYTRUDA. Initial results were reported earlier this year at the American Association of Cancer Research Annual Meeting 2024 and recently at the Society for Immunotherapy of Cancer meeting.
GAIN

Hot Stocks

08:40 EST Gladstone Investment acquires Pyrotek Special Effects, terms not disclosed - Gladstone Investment partnered with Scott Dunlop and the company's executive management in the acquisition of Pyrotek Special Effects. Gladstone Investment provided equity and senior secured debt to complete the transaction. Scott Dunlop is the long-time President and CEO of Pyrotek and will remain in these roles. Pyrotek is a leading provider of special effects services and solutions for the live entertainment industry with a full range of special effects offerings, creative and technical design services, permitting and logistics support worldwide, and specialized installation, setup, and tear down. Pyrotek's customer base consists of the largest names in global music and entertainment, professional sports leagues, marquee music festivals, award shows, and globally recognized media and entertainment brands.
PMNT

Hot Stocks

08:40 EST Perfect Moment teams with luxury fashion sales agency, CD Network - Perfect Moment has partnered with renowned luxury fashion sales agency, CD Network, to expand its wholesale distribution and bring greater brand awareness of Perfect Moment to North America. The agency will spearhead efforts in the U.S. and Canada, marking Perfect Moment's first sales agency engagement for these major markets. The partnership is expected to significantly increase brand visibility and relationships with key buyers and help set the stage for record sales of Perfect Moment's Fall/Winter 2025 collection. "We are excited to add Perfect Moment to our roster of influential brands as a global leader in fashion skiwear," stated CD Network founder and CEO, Christophe Desmaison. "Perfect Moment has infused fashion and vibrancy into the best technical gear, bringing style to the slopes. The brand's expanded offering with a city relevant range is sure to appeal to our designer store clientele." ...The integration phase has already begun, with new showrooms for New York City planned for December. Perfect Moment's skiwear offerings address the high-growth global luxury ski apparel market which is expected to reach $1.5B in 2024 and grow at a compound annual growth rate CAGR of 6.5% from 2024 to 2031, according to Global Research and Insights. The company also addresses an expanding market for luxury outerwear which is expected to total $15.9B in 2024, and forecasted to increase at a CAGR of 7% from 2024 to 2031, according to Absolute Market Research & Advisory.
STKH

Hot Stocks

08:39 EST Steakholder Foods, UMAMI Bioworks partner to scale 3D-printed fish fillets - UMAMI Bioworks and Steakholder Foods announced the culmination of a two-year R&D collaboration funded by the Singapore-Israel Industrial R&D grant. The partnership established the feasibility of producing 3D-printed cultivated fish products at scalable volumes and will now advance to bring commercial-ready seafood products to market. The collaboration has laid the groundwork for producing premium cultivated fish fillets using 3D printing technology, marking a significant step toward sustainable seafood commercialization. Through this partnership, the companies have successfully created a portfolio of prototype designs, demonstrating the versatility of 3D printing and cell cultivation in producing a range of fish products that match the attributes of a range of species. As part of their strategic efforts, UMAMI Bioworks and Steakholder Foods will also partner with Singapore's National Additive Manufacturing Innovation Cluster, a national platform hosted by the Agency for Science, Technology and Research, to focus on translating recent R&D efforts into seafood products ready for commercialization in Singapore and beyond.
REBN

Hot Stocks

08:39 EST Reborn Coffee announces readiness to mass produce 4th Wave Cold Brew line - Reborn Coffee announced its readiness to mass produce its newly designed 4th Wave Cold Brew line, with production scheduled to begin in early Q1 2025 in the United States, Malaysia, and Korea. This milestone follows Reborn's twice-earned recognition in prestigious U.S. cold brew contests, further strengthening its reputation for delivering premium cold brew beverages.
ICCT

Hot Stocks

08:38 EST iCoreConnect announes expansion of partnership with MSDA - iCoreConnect announced the expansion of its endorsement partnership with the Maryland State Dental Association, MSDA, to include its full platform of cloud-based software and technology solutions. Before this expansion, the MSDA Member Perks Program endorsed iCoreVerify automated insurance verifications in 2021, followed by iCoreRx cloud ePrescribing in 2022. Robert McDermott, CEO of iCoreConnect, is thrilled about the expanded partnership, stating, "The MSDA has chosen to join the growing list of state dental associations who endorse the full iCoreEnterprise platform. Our team is committed to helping dental practices streamline revenue cycle management, enhance efficiency, and boost profitability through innovative solutions that support every step of the patient journey. We look forward to seeing these impactful benefits at work in Maryland."
IGC

Hot Stocks

08:38 EST IGC Pharma announces additional interim data from IGC-AD1 trial - IGC Pharma announced additional interim data from its ongoing Phase 2 clinical trial evaluating IGC-AD1. The trial focuses on agitation in Alzheimer's as its primary outcome, with cognition assessed as an exploratory outcome. Interim data analysis reveals cognitive improvements in the active treatment group versus the placebo group, marking a meaningful step toward developing a therapy that may influence underlying disease progression. These findings align with previously announced preclinical data, which showed a reduction in amyloid plaque aggregation by approximately 20% and improved spatial memory by about 50% in Alzheimer's cell lines and mouse models, respectively. Cognitive decline in Alzheimer's disease reflects the deterioration of memory, attention, language, and reasoning due to underlying pathological changes, such as amyloid plaques and tau tangles. Interim results from the trial demonstrated that the active treatment group receiving IGC-AD1 twice daily for six weeks showed an average improvement of about 8% on the Mini-Mental State Examination, or MMSE, a validated clinical tool for assessing cognitive function. By contrast, the placebo group showed no improvement over the same period. These results and the preclinical data provide a robust foundation for future trials focusing on cognition as the primary endpoint and exploring IGC-AD1's disease-modifying potential. Agitation, a debilitating symptom affecting up to 76% of Alzheimer's patients, accelerates disease progression, increases caregiver burden, and drives hospitalization rates. As previously disclosed, interim results showed that IGC-AD1 significantly reduced agitation compared to placebo, with improvements observed as early as two weeks. Unlike the existing therapy, which often takes about 6-10 weeks to show results and carries a black box warning, IGC-AD1 offers rapid symptom relief with a favorable safety profile, making it a highly differentiated potential medication for managing agitation in Alzheimer's.
ERNA

Hot Stocks

08:37 EST Eterna announces up to $1M stock repurchase program - Eterna Therapeutics announced that its Board of Directors has authorized a stock repurchase program of up to $1M of the company's outstanding common stock.
TNYA

Hot Stocks

08:37 EST Tenaya Therapeutics doses first patient with TN-401 gene therapy - Tenaya Therapeutics announced that the first patient has been dosed with TN-401 gene therapy in the RIDGE-1 Phase 1b clinical trial at the University of California, San Francisco. Tenaya currently anticipates sharing initial data from the RIDGE-1 trial in 2025. TN-401 is being developed for the treatment of arrhythmogenic right ventricular cardiomyopathy caused by mutations in the plakophilin-2 gene. The first dose of TN-401 being assessed in the RIDGE-1 clinical trial is 3E13 vg/kg, a dose that was associated with near maximal efficacy in preclinical studies. The first three patients will be dosed on a sequential basis. Once three patients have been dosed at the 3E13 vg/kg level, a panel of independent safety reviewers will advise on plans to dose escalate and/or expand enrollment of the initial cohort dosing in parallel.
UFPI

Hot Stocks

08:37 EST UFP Industries opens 10,000-square-foot packaging design, DNA in Newnan, Ga - UFP Packaging announced the opening of its 10,000-square-foot Packaging Design and Development Center DDC at its Newnan, Ga., facility...The center includes a fully equipped prototyping shop and an ISTA-certified testing laboratory. The DDC will focus on sustainability, saving customers money by refining designs, minimizing material waste and maximizing protection within the supply chain through rigorous testing. PalletOne, a company of UFP Packaging, will also use the center to host unit load design classes and to optimize pallet solutions as a part of their Pallet Concierge(TM) service.
TDOC

Hot Stocks

08:36 EST Teladoc launches new AI-enabled capabilities for Virtual Sitter solution - Teladoc Health announced the launch of new AI-enabled capabilities to enhance its Virtual Sitter solution to improve patient safety, address workforce challenges, and enhance care delivery for hospitals and health systems. Every year, nearly 1 million hospitalized patients experience falls, with more than 30% resulting in lasting injuries. According to the CDC, falls result in approximately $50 billion of medical costs each year, and put additional strain on hospitals. Teladoc Health's Virtual Sitter solution helps address this critical issue. Leveraging AI, a single remote staff member can now monitor up to 25% more patients, helping to increase the capacity of healthcare inpatient teams. This latest innovation builds on Teladoc Health's broader suite of inpatient connected care solutions, which support virtual nursing, physician consults, interpretive services, and other hybrid care services that help reduce the administrative burden on bedside staff and improve both clinician and patient satisfaction. "For more than a decade, we've pioneered new ways for technology to support human interaction in patient care, helping hospitals and health systems transform care delivery and meet their most pressing challenges," said Andy Puterbaugh, Teladoc Health President of Hospitals and Health Systems. "New applications of AI are now accelerating our impact, supporting continuous improvement of our fully integrated suite of connected care solutions, including Virtual Sitter."
KULR

Hot Stocks

08:36 EST KULR Technology awarded contract by U.S. Navy - KULR Technology has been awarded a contract by the U.S. Navy to advance its Internal Short Circuit, ISC, technology to activate at higher temperatures. This development, vital for both military and commercial applications, will support a wide range of safety-critical uses, with particular importance for aviation by enabling the simulation of extreme conditions that better reflect the stringent safety standards of the Federal Aviation Administration, FAA, and European Union Aviation Safety Agency, EASA.
RUM

Hot Stocks

08:35 EST Rumble names Dr Disrespect to lead Rumble Gaming - Rumble announced that Dr Disrespect has joined Rumble and will be streaming his popular content on the platform. As part of an agreement that includes equity with milestones as a majority of its compensation, Dr Disrespect will provide exclusive content to Rumble Premium for his "Champions Club" community. Dr Disrespect will also lead Rumble Gaming, acting as an advisor and helping to build the Rumble Gaming community. Dr Disrespect's first stream on Rumble will be on December 2, 2024.
PLUR

Hot Stocks

08:34 EST Pluri assesses readiness to mass produce PLX-R18 - Pluri announced that it is assessing its readiness to initiate mass production of PLX-R18, a novel potential treatment for hematopoietic complications of the acute radiation syndrome, H-ARS, following exposure to nuclear radiation, in response to heightened global tensions and escalating nuclear threats, particularly in Ukraine. "At Pluri, we stand ready to support communities in need by leveraging our expertise to respond to global emergencies," said Yaky Yanay, Chief Executive Officer and President of Pluri. "That is why we are evaluating our readiness to scale production if global circumstances escalate and demand arises. We believe that our proactive approach will ensure global preparedness."
VZ CIEN

Hot Stocks

08:34 EST Verizon advances fiber network for AI workloads - AI, and specifically Generative AI with its ability for predictive analytics, is becoming a critical component of digital transformation and future business growth in almost all industries. Enterprise-grade data networks such as Verizon's (VZ) will be instrumental in these processes, and Verizon continues to advance its network components to deliver on the promises of AI. In a recent trial in Boston, Verizon moved 1.6 Tb/s of data in its live fiber network on a single-carrier wavelength using Ciena's (CIEN) WaveLogic 6 Extreme coherent optical solution. This next generation technology allows data traveling across Verizon's fiber network to travel farther and faster, leading to a better customer experience. In addition, the upgrade to this new equipment will result in higher reliability and significant energy savings in that portion of the fiber network. "AI is contingent on analyzing billions of data points in real-time on an ongoing basis. Because of the massive, multi-year transformation on Verizon's network including deploying cloud native architecture from the core to the edge, deploying massive amounts of high-performing spectrum, exponentially increasing the capacity of our fiber infrastructure and deploying advanced technologies and intelligence throughout the network, Verizon's network provides the ability to power the processes and movements of AI-generated activity," said Adam Koeppe, SVP of Technology Strategy and Planning at Verizon. "This continued advancement of our fiber network will further position us to be the provider of choice for AI workloads now and in the future."
FGL

Hot Stocks

08:33 EST Founder Group expands Southeast Asia presence with proposed acquisition - Founder Group announce its proposed acquisition of a majority stake in VES 1 Joint Stock Company, a subsidiary of VES Joint Stock Company. VES is a pioneer in renewable energy in Vietnam, specializing in solar and wind power solutions, while VES1 focuses on developing solar energy projects across the country. Under the terms of the proposed acquisition, Founder Group will acquire approximately 80% of the shares in VES1. VES1 is actively involved in several solar energy projects in Vietnam. Phase 1 includes solar rooftop projects with a combined capacity of 5.6MWp. Under the PPA secured by VES1, VES1 shall have a first right of refusal for in the case that the off-taker wishes to expand the solar capacity at the particular site.
CDZI

Hot Stocks

08:32 EST Cadiz, Lytton Rancheria of California sign letter of intent - Cadiz announced that the company and the Lytton Rancheria of California have signed a Letter of Intent for Lytton to invest up to $50M in the company's groundwater banking project in the Mojave Desert. Lytton's investment would be the first major investment by a Native American Tribe in large-scale water infrastructure off tribal lands in U.S. history. With 2.5M acre-feet of new water supply and an estimated 30M acre-feet of water in storage today, the Mojave Groundwater Bank will be the largest new groundwater bank in the Southwest. The partnership between Cadiz and Lytton signifies a landmark collaboration in water resource management, with Tribes holding a majority ownership stake in the Mojave Groundwater Bank. This ownership structure empowers Indigenous communities to play a leading role in decision-making and investment in vital water projects.
CYDY

Hot Stocks

08:32 EST CytoDyn appoints Richard Pestell as lead consultant in oncology - CytoDyn announced that Richard Pestell, M.D., Ph.D., has been appointed as Lead Consultant, Preclinical and Clinical Oncology. Dr. Pestell will lead the Company's research and development strategy in oncology and utilize his expertise and vast network to further CytoDyn's clinical evaluation of the capabilities for leronlimab in cancer treatment. e is currently the President of the Pennsylvania Cancer and Regenerative Medicine Research Center, a part of the Baruch S. Blumberg Institute in Doylestown, Pennsylvania
ICCM

Hot Stocks

08:31 EST IceCure Medical receives Notice of Allowance from Japan's Patent Office - IceCure Medical announced it has received a Notice of Allowance from the Japan Patent Office for its invention titled 'Cryogenic System with Multiple Submerged Pumps'. The patent addresses a cryogenic system featuring multiple submerged pumps that enable IceCure to introduce a groundbreaking next-generation multiprobe system. This advanced technology allows for high-end capabilities to independently control and maintain the performance of each cryoprobe, facilitating the treatment of large tumors.
MODVF

Hot Stocks

08:25 EST Melcor Developments, Melcor REIT amend, restate arrangement agreement - Melcor Real Estate Investment Trust and Melcor Developments announce that they have entered into an Amended and Restated Arrangement Agreement with Melcor REIT GP, which provides for, among other things, consideration of $5.50 per unit, which is $0.55 per Unit or an 11% increase over the prior consideration. Furthermore, the Amended Agreement has a new and extended 90-day "go shop" period. Given the REIT's execution of the Amended Agreement, the REIT also announces today that it is cancelling the special meeting of REIT unitholders scheduled for November 26, 2024. This will allow the REIT to immediately commence work on the extended 90-day "go shop" process pursuant to the terms of the Amended Agreement, which will expire at 11:59 MT on February 24, 2025. The Purchaser will not have the right to match any superior proposal. Execution of the Amended Agreement was unanimously approved by the REIT's Board of Trustees, acting on the unanimous recommendation of the previously announced independent committee of the REIT's Board of Trustees. BMO Capital Markets, financial advisor to the REIT, and Ventum Financial Corp, independent financial advisor and independent valuator to the Independent Committee, have each rendered fairness opinions to the effect that, as at November 24, 2024, the Improved Consideration to be received by the REIT's unitholders pursuant to the Amended Agreement is fair, from a financial point of view. In addition, Ventum Capital Markets will deliver an updated independent formal valuation. It is anticipated that a new special meeting of the holders of Units and special voting units will be called to approve the New Arrangement following expiry of the "go shop" period, with such New Meeting having a new record date for entitlement to vote. The REIT intends to apply to the Court of King's Bench of Alberta for an amended Interim Order providing for the updated transaction terms and timeline. The REIT will provide further disclosure to its unitholders, including with respect to the date of the New Meeting, once available. Unitholders are not required to take any action at this time. The transaction pursuant to the Amended Agreement is structured as a statutory plan of arrangement under the Business Corporations Act. Completion of the New Arrangement, which is expected to occur in the second quarter of 2025 is subject to customary closing conditions, including Voting Unitholder and Court approval. The New Arrangement provides for a distribution by the REIT to holders of Units of record immediately prior to closing in an amount equal to the REIT's estimate of its taxable income, including taxable income to be allocated from the Melcor REIT Limited Partnership to the REIT, in its current taxation year. Such distribution will be payable by the issuance of additional Units which will immediately be consolidated. Pursuant to the Amended Agreement, the REIT will have a 90-day "go-shop" period that will extend from November 25, 2024 to February 24, 2025, during which it is permitted to solicit third-party interest in submitting a proposal which is superior to the proposal made by the Purchaser. The Purchaser will not have the right to match a superior proposal and has agreed to sell its interest in the REIT under any superior proposal that is accepted by the Independent Committee, subject to certain terms as set out in the Amended Agreement, including the termination of and release under all agreements between the Purchaser and the REIT. The Amended Agreement also includes customary provisions, including non-solicitation by the REIT of alternative transactions following the conclusion of the Go-Shop Period, and a $5.8 million termination fee payable to the Purchaser under certain customary circumstances, including in the event the REIT is successful in soliciting a superior proposal. In addition, the Purchaser has agreed to forego all termination and change of control payments it would otherwise be entitled to under the property management and asset management agreements in the event of a superior proposal; and reimburse the REIT for the reasonable costs and expenses incurred by it in connection with the New Arrangement, subject to certain exceptions. There can be no assurance that the go-shop process will result in a superior proposal. Completion of the New Arrangement will be subject to various closing conditions, including the approval of at least two-thirds of the votes cast by Voting Unitholders present in person or represented by proxy at the New Meeting and the majority of the holders of Units present in person or represented by proxy at the New Meeting, excluding the votes of the Purchaser and any other Voting Unitholders whose votes are required to be excluded for the purposes of "minority approval" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.
SPAI

Hot Stocks

08:23 EST Safe Pro subsidiary receives purchase order for drone inspection project - Safe Pro announced that its unmanned solutions subsidiary, Airborne Response, has received a purchase order for a multi-site drone inspection project to be executed in 2025 from a multinational telecommunications firm. Under the terms of the purchase order, Airborne's uncrewed aircraft systems, or UAS, teams will conduct enhanced drone-based aerial inspections and asset management services on behalf of the telecommunications customer. Airborne Response will perform aerial inspections utilizing Skydio drones to inspect multiple radio towers used by a municipal South Florida fire & rescue department.
STXS

Hot Stocks

08:22 EST Stereotaxis' Genesis RMN System achieves regulatory approval in China - Stereotaxis announced regulatory approval of the Genesis RMN System by China's National Medical Products Administration. This approval is a significant milestone, making available the latest advances in minimally-invasive robotic technology to physicians and patients in China. MicroPort EP is initiating full commercial launch of Genesis through its existing sales teams focused on the electrophysiology community. Approval of Genesis is a key element in a broader collaboration between Stereotaxis and MicroPort EP which entails the development, integration and commercialization of Stereotaxis' robotic system, robotically-navigated catheters, and MicroPort EP's Columbus 3D mapping system. MicroPort EP is one of China's leading medical device companies with a portfolio of cardiovascular medical devices designed to diagnose and treat arrythmias. Stereotaxis and MicroPort EP previously announced their collaboration in August 2021.
NICH

Hot Stocks

08:19 EST Nitches, Inc. says InTheZone Labs progresses toward Amazon listing - Nitches announced strides for its flagship brand, InTheZone Labs. InTheZone Labs is in the final stages of integrating its product line with Amazon.com. The company expects the listing process to be finalized by next week, aligning inventory and systems with the website to ensure seamless fulfillment. This milestone will make InTheZone Labs' innovative bioceuticals more accessible to a wider audience, delivering the edge customers need to "Get In The Zone for 2025." InTheZone Labs has officially joined the ShareASale and Awin affiliate networks, offering partners a lucrative opportunity to promote premium, American-made supplements. Affiliates receive 20% commissions, a higher-than-average rate in the industry, with access to a growing library of promotional materials. New affiliates are encouraged to sign up and capitalize on the burgeoning demand for high-performance supplements. InTheZone Labs has been conducting rigorous Phase One testing with select groups, including U.S. veterans, former NFL athletes, a team led by a Doctor of Chiropractic, a traditional medical doctor, and other professionals. Preliminary feedback on InTheZone Focused Extreme has been positive, showcasing notable benefits: Brain Fog Reduction: Participants reported significant clarity and focus throughout the day, even in high-stress or demanding environments. Decreased Coffee Dependence: Many testers noted they no longer needed their regular coffee intake, as Focused Extreme provided sustained energy and mental sharpness. Workout Synergy: Several testers observed enhanced pre-workout focus, with effects lasting well beyond their exercise routines. One key finding from the testing revealed that larger individuals, such as former NFL players, achieved optimal results with an adjusted dosage. This feedback underscores the importance of tailoring guidance for different body types, ensuring maximum efficacy for all users.
VUZI

Hot Stocks

08:18 EST Vuzix receives six-figure order from major defense customer - Vuzix is pleased to announce the receipt of a six-figure revenue production order for customized waveguides to enable a lightweight heads-up display. This order was received from a U.S.-based company that is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. This customer is the incumbent supplier for several existing programs and has turned to Vuzix as a US-based manufacturer of waveguide and display technologies.
UPXI

Hot Stocks

08:18 EST Upexi files litigation over 'manipulation of fractional share roundups' - Upexi has filed a complaint in the United States District Court for the District of Nevada to pursue the groups and individuals who orchestrated the manipulative and fraudulent activity in the shares round-up scheme related to Upexi's reverse stock split. Upexi anticipates that the court, through the discovery process, will enable the Company to determine who are the individuals owning the accounts and engaged in the manipulative trading transactions within those accounts in connection with and around the announcement and effective date of Upexi's reverse stock split. The Company and its legal team will pursue aggressively obtaining the relief that it seeks in the Complaint. The Company previously announced the reverse stock split. Several weeks subsequent to the effective date, the financial institutions where the suspect trading took place requested 202,183 round-up shares, which represented more than a 19% dilution to our current shareholders and an increase of approximately 40 times the number of individual shareholders owning the Company's common stock immediately prior to the reverse split. The foregoing activity appears to have occurred during the three-day trading period between the announcement of the reverse split and its effective date. Allan Marshall, CEI, stated, "The company has taken the first and precedent-setting action in exposing the blatant manipulation around reverse stock splits. Since our previous release regarding this issue, I have been contacted by a number of companies who also were victims of this damaging stock manipulation scheme. I am astonished by the extent of the evidentiary support and encouragement I have received from multiple sources to advance our claims against those whom we believe manipulated the shares of Upexi and other securities. We believe that the evidence will identify and establish organized group trading, groups charging fees to buy and distribute shares for individuals, and individuals opening up to 50 individual accounts to perpetrate the scheme. The fact that so many microcap companies and their shareholders have been damaged in compliant reverse stock splits with no regulatory intervention to protect them against such manipulative activity is unacceptable, and we hope this lawsuit will bring into focus the need for regulatory changes to bring to an end these sinister and deceptive practices. We will follow through with this lawsuit for as long as it takes and hopefully undo some of the damage perpetrated against our shareholders by third parties and to investors in many other companies as well."
SNBR

Hot Stocks

08:17 EST Stadium Capital sends letter to Sleep Number shareholders - Stadium Capital sent the below letter to shareholders of Sleep Number: "Stadium Capital Management, LLC (together with certain of its affiliates, "Stadium Capital" or "we") is the largest shareholder of Sleep Number Corporation ("Sleep Number" or the "Company"), owning approximately 11.7% of the Company's outstanding shares. We hold our position because we remain convinced that there is enormous upside in the value of the Company if certain fundamental changes occur. Our successful and nearly three-decade investment strategy is typically based on close, friendly collaboration with our concentrated portfolio of companies, anchored in deep research and a long-term investment horizon. We strongly prefer to keep engagement private and are nothing if not patient, but after a decade of diligent work on Sleep Number and over 15 meetings with the Company's management and Board of Directors (the "Board"), our frustration with current leadership, who has overseen massive shareholder value destruction, reached a tipping point last year. As a result, we were compelled to take the rare step of publicly expressing our concerns regarding Sleep Number's leadership and governance last year.1 This ultimately led to the appointment of two highly qualified new directors to the Board pursuant to a Cooperation Agreement between Stadium Capital and the Company (the "Cooperation Agreement"). On October 30, 2024, a mere four days before our one-year Cooperation Agreement expired, the Board announced several management and governance changes, including the retirement of the CEO, President and Chair of the Board, Shelly Ibach, and a gradual de-classification and shrinking of the Board. While on the surface these changes represent forward progress, it is clear to us that they are the bare minimum, insufficient and wholly inadequate given the gravity and urgency of the situation Sleep Number finds itself in today - thanks to this Board. In our view, these changes reflect the current Board's efforts to cling to the status quo and maintain control... It is nonsensical for shareholders and offensive to Sleep Number's employees for the Board to continue wasting shareholder money to pay advisors to "defend" the Board against an outcome that owners prefer during this critical period of cost-cutting. To reiterate, if our fellow shareholders agree with our views, we encourage you to express that to the Board in short order. If the Board listens to its business owners' views, we see a quick path to creating an excellent Board that will be capable of hiring an outstanding CEO for Sleep Number and all its stakeholders. Should our requests and concerns continue to fall on deaf ears, we will be compelled to nominate several exceptionally qualified directors for election at Sleep Number's 2025 Annual Meeting of Shareholders. We believe that a large portion of the Company's shareholders would support our efforts. While a protracted public battle may potentially delay the CEO transition, we are confident that the eventual result of our successful campaign would be a high integrity search process, the hiring of the best possible CEO and an improved Board. With these elements in place at Sleep Number, we believe shareholders will be positioned to realize enormous upside over the next several years, and all stakeholders will benefit from a healthier culture based on accountability. We know what is possible at Sleep Number, which is why we are committed to taking the necessary actions for the Company to make good on its immense potential."
MKC

Hot Stocks

08:17 EST McCormick: Brendan Foley to succeed Lawrence Kurzius as Chairman of board - Lawrence Kurzius, Executive Chairman of the Board of McCormick & Company, announced that he will end his eight years of service as Chairman on December 31, 2024. Kurzius will continue as a Board member for McCormick, where he was employed for 22 years. He will not stand for re-election at the company's annual shareholder meeting in March 2025. Kurzius transitioned the CEO responsibilities to Brendan Foley in September 2023 and continued to serve as Executive Chairman since that time. McCormick's Board of Directors has appointed Brendan Foley, the company's President and CEO, to succeed Kurzius as Chairman, in addition to his current duties, effective January 1, 2025.
INTZ

Hot Stocks

08:16 EST Intrusion launches Intrusion Shield Command Hub - Intrusion announced the launch of the Intrusion Shield Command Hub, a centralized hub that allows MSPs and network administrators a way to view, manage, and report on an entire fleet of Shield products, including Endpoint, OnPremise, and Cloud. The Command Hub's latest feature is an AI-driven insights engine that analyzes vast quantities of network activity and gives administrators a prioritized list of actionable items based on its analysis. The Command Hub provides key insights into network health, traffic patterns, and potential threats, making it easier to stay ahead of risks across an organization's infrastructure. Whether you are a seasoned security expert or someone with limited technical experience, the Command Hub's intuitive design makes it easy for any level of expertise to navigate and leverage its powerful features, making it an ideal tool for both day-to-day operations and advanced threat-hunting. The Command Hub offers a high level of visibility and control over network activities, ensuring administrators can monitor critical security metrics across multiple devices from a single interface.
CSPI

Hot Stocks

08:15 EST ARIA Cybersecurity enters reseller partnership with CED - ARIA Cybersecurity Solutions announced a new reseller partnership with CED Industrial Solutions Network a provider of Rockwell Automation sofware and equipment in the US. CED provides industrial products and solutions across 19 US states. ARIA's AZT PROTECT zero-trust solution provides a lock-down approach to protecting critical infrastructure applications from attack, with a focus on stopping all forms of malware, ransomware, as well as nation-state-backed attacks on these applications and the OS on which they run. ARIA is working with CED to resell AZT PROTECT into their customers' Rockwell Automation systems to better protect them from today's cyberattacks.
LAZ

Hot Stocks

08:14 EST Lazard CEO Peter Orszag named chairman - Lazard announced that Dan Schulman, board member, has been appointed lead independent director to succeed Richard Parsons, who remains on the board, and that Peter Orszag, Lazard CEO and board member, has been appointed chairman of the board, effective January 1, 2025. Kenneth Jacobs, executive chairman and board member, will become senior chairman of the firm and senior advisor to the board, and relinquish his board seat effective December 31. In his role as senior chairman, Jacobs will continue to advise many of the firm's clients and relationships globally.
VIVK

Hot Stocks

08:12 EST Vivakor completes pipeline expansion project - Vivakor has completed construction of additional gathering lines connected to its Omega Pipeline System in Blaine County, Oklahoma. Subsequent to its acquisition of the Endeavor Entities, as previously announced, in October 2024, the Company approved a project to expand its Omega Pipeline System in Blaine County, Oklahoma. The expansion is expected to result in immediate incremental customer volumes from connected oil production. The project consisted of two new gathering lines and was completed ahead of schedule and under-budget. The Omega Pipeline System is an approximately 40-mile crude oil gathering and shuttle pipeline system that serves the STACK play in Oklahoma's Anadarko Basin. It is supported by acreage dedications from key producer and marketing customers, and is connected to the Cushing, Oklahoma storage and trading hub via the Plains STACK Pipeline. The Omega Pipeline System's operations are complemented by and integrated with a fleet of approximately two dozen trucks supporting additional incremental volumes from customers.
ISENF

Hot Stocks

08:10 EST Glass Lewis recommends Anfield shareholders vote for IsoEnergy arrangement - Anfield Energy announced that Glass Lewis & Co. has recommended that Anfield shareholders vote "FOR" the resolution approving the previously announced plan of arrangement involving Anfield and IsoEnergy at the upcoming Special Meeting of Shareholders. Glass Lewis' recommendation is in addition to the recommendation in favour of the Arrangement already received from Institutional Shareholder Services. The Meeting will begin on Tuesday, December 3, 2024, at 10:00 a.m. The Meeting will be held in person at 1111 West Hastings Street, 15th Floor, Vancouver British Colombia V6E 2J3. The Board of Directors of Anfield recommends that Shareholders vote FOR the special resolution approving the Arrangement.
IBIO

Hot Stocks

08:10 EST iBio announces the appointment of Arkowitz, Parada to board of directors - iBio announced the appointment of biotech industry veterans David Arkowitz and Antonio Parada to its Board of Directors adding key experience in finance, leadership and antibody discovery. Arkowitz is currently Chief Financial Officer at Alkeus Pharmaceuticals, a private company developing therapies for serious diseases of the eye with high unmet need. Parada is the Founder and CEO of FairJourney Biologics, a privately held and leading antibody discovery contract research organization
NEM

Hot Stocks

08:10 EST Newmont to sell Eleonore operation in Northern Quebec to Dhilmar for $795M - Newmont announced that it has agreed to sell its Eleonore operation in Northern Quebec, Canada, to Dhilmar for $795M in cash consideration. The transaction is expected to close in the first quarter of 2025, subject to certain conditions being satisfied. Upon closing the announced transactions, Newmont will have delivered up to $3.6B in gross proceeds from non-core asset divestitures and investment sales. Dhilmar is a newly incorporated, UK-based private mining company. The company is led by its CEO and managing director, Alexander Ramlie, and supported by board members with decades of mining experience across a range of commodities and with both surface and underground operations. Ramlie and his team worked closely with Newmont in 2016 to acquire the Batu Hijau copper and gold mine in Indonesia on behalf of PT Amman Mineral Internasional. In February, Newmont announced the intent to divest its non-core assets, including six operations and two projects from its Australian, Ghanaian, and North American business units. With definitive agreements in place to divest four operations and one project, the company is focused on completing the sales processes for its remaining North American non-core assets, which are expected to conclude in the first quarter of 2025. Total gross proceeds from transactions announced in 2024 to date are expected to be up to $3.6 billion. This includes $3.1 billion from non-core divestitures and $527M from the sale of other investments, detailed as follows: up to $475M from the sale of the Telfer operation and Newmont's 70% interest in the Havieron project; up to $1B from the sale of the Akyem operation; up to $850M from the sale of the Musselwhite operation; $795M from the sale of the Eleonore operation and $527M from the completed sale of other investments, including the sale of the Lundin Gold stream credit facility and offtake agreement, and the monetization of Newmont's Batu Hijau contingent payments.
MSTR

Hot Stocks

08:09 EST MicroStrategy acquired 55,500 bitcoins for about $5.4B from Nov. 18-24 - In a regulatory filing, the company announced that, during the period between November 18 and November 24, the company acquired approximately 55,500 bitcoins for approximately $5.4B in cash, at an average price of approximately $97,862 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the Convertible Notes Offering and the issuance and sale of shares under the Sales Agreement, both of which were previously announced. As of November 24, the company, together with its subsidiaries, held an aggregate of approximately 386,700 bitcoins, which were acquired at an aggregate purchase price of approximately $21.9B and an average purchase price of approximately $56,761 per bitcoin, inclusive of fees and expenses, MicroStrategy noted. Reference Link
IMNN

Hot Stocks

08:08 EST Imunon announces results from End-of-Phase 2 meeting with FDA for IMNN-001 - IMUNON announced the outcome of its recent End-of-Phase 2 in-person meeting with the U.S. Food and Drug Administration, FDA, supporting the advancement of its investigational interleukin-12 immunotherapy IMNN-001 for the treatment of advanced ovarian cancer into a Phase 3 pivotal study. IMUNON remains on track to initiate the 500-patient Phase 3 trial in the first quarter of 2025. "The collaborative End-of-Phase 2 meeting with the FDA represents another important milestone in our IMNN-001 clinical program, and we are very pleased that the Agency is aligned with the potential for IMNN-001 to address a significant unmet need in ovarian cancer treatment and our Phase 3 plans," said Stacy Lindborg, Ph.D., president and chief executive officer of IMUNON. "We are encouraged by the robust safety and efficacy data from our Phase 2 OVATION 2 Study, including the positive survival results recently presented in a late-breaking session at the SITC Annual Meeting. IMNN-001 is the first immunotherapy to achieve a clinically effective response in ovarian cancer, including benefits in both progression-free and overall survival in frontline treatment."
GTI

Hot Stocks

08:08 EST Graphjet receives ISO certifications for graphite, graphene production - Graphjet Technology announced the Company has received ISO certifications for the manufacturing of graphite and graphene from biomass waste from ARES International, a verification services provider. The scope of the ISO certifications covered the manufacturing of biomass waste to produce artificial graphite and graphene: ISO 14001:2015; ISO 9001:2015; ISO 45001:2018.
CHSN

Hot Stocks

08:07 EST Chanson International announces collaboration with Soul Song - Chanson International announces a collaboration with a leading hotel and restaurant management enterprise in Yili, Xinjiang, China, Xinjiang Hengtai Investment to expand its coffee brand, Soul Song, through a franchise operation model in Yili. This milestone marks significant progress in the development of Chanson's Soul Song brand, further deepening its market presence and extending its brand influence in the Xinjiang region. Gang Li, Chairman of the Board of Directors and Chief Executive Officer of Chanson, commented, "The introduction of the franchise model is a key milestone in the growth of our Soul Song brand, and underscoring a commitment to enhancing our marketing strategy and brand visibility."
CTXR

Hot Stocks

08:06 EST Citius Pharmaceuticals reports 'constructive' FDA Type C meeting on Mino-Lok - Citius Pharmaceuticals announced that the company held a constructive in-person Type C meeting with the U.S. FDA. The meeting followed successful completion of the company's pivotal Phase 3 clinical trial of Mino-Lok, a novel catheter lock solution designed to salvage central venous catheters in patients suffering from central line-associated bloodstream infections or catheter-related bloodstream infections. The primary discussion centered on responses to the FDA's questions related to Mino-Lok's clinical trial data and a pathway to a future submission. The FDA provided clear, constructive, and actionable guidance during the discussion, underscoring a pathway to support a future New Drug Application submission for Mino-Lok. The meeting encompassed an extensive range of topics critical to the NDA process, including in-vitro, clinical efficacy and safety data, and regulatory considerations. Citius Pharma reaffirmed the potential of Mino-Lok to address a critical unmet medical need and its commitment to advancing the program. "We are highly encouraged by the collaborative and substantive nature of our engagement with the FDA regarding the Mino-Lok program," stated Leonard Mazur, Chairman and CEO of Citius Pharmaceuticals. "The FDA's comprehensive feedback supports our commitment to advancing this novel solution for patients who face life-threatening complications from catheter-related infections. The Agency's guidance provides a strong framework for completing the remaining steps toward an NDA submission."
QUBT

Hot Stocks

08:06 EST Quantum Computing up 15% premarket after AWS announces Quantum Embark program
VSTE

Hot Stocks

08:06 EST Vast receives $30M from ARENA for green technology - Vast Renewables announced it has signed an updated funding agreement to access up to $30M of its existing $65M grant from the Australian Renewable Energy Agency, ARENA. The funding will support Vast's green technology manufacturing and project development activities as it deploys its next generation concentrated solar thermal power, CSP, solution to deliver the clean, dispatchable power and heat that the world needs.
WOLF

Hot Stocks

08:06 EST Wolfspeed appoints Melissa Garrett SVP General Counsel - Wolfspeed announced that Melissa Garrett has been appointed Senior Vice President and General Counsel, effective December 9 . Garrett succeeds Brad Kohn, who has resigned from the company for another professional opportunity. Prior to joining Wolfspeed, Garrett served as Deputy General Counsel and Assistant Corporate Secretary at Kangaroo Express. She previously served as an attorney at Jackson Lewis and Paul, Hastings, Janofsky & Walker and began her career as an attorney at Fisher & Philips. She holds a Juris Doctor from Indiana University and a Bachelor of Arts from University of Wisconsin-Madison.
QBTS

Hot Stocks

08:05 EST D-Wave Quantum up 14% premarket after AWS announces Quantum Embark program
RGTI

Hot Stocks

08:05 EST Rigetti up 45% in premarket trading after AWS announces Quantum Embark program
ASST

Hot Stocks

08:04 EST Asset Entities acquired the assets of TikTok Money Machine - Asset Entities announced it has acquired the assets in the TikTok Shop space known as the TikTok Money Machine which includes its Discord community. The Discord community teaches content creators how to sell products on TikTok Shop via the use of product content videos. It also connects major consumer product brands with these content creators, offering the latter the opportunity to earn sales commissions, via their TikTok accounts, on each product sale completed. Asset Entities has also secured consulting agreements with TikTokers and lead creators of the Discord, who have an aggregate of 280,000 followers on Instagram and 4,700,000 followers on TikTok.
BCOV

Hot Stocks

08:04 EST Brightcove to be acquired by Bending Spoons for $4.45 per share in cash - Brightcove announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $233M. Under the terms of the agreement, Brightcove shareholders will receive $4.45 per share in cash for each share of Brightcove common stock that they own. The per share purchase price represents a 90% premium over Brightcove's 60-day volume weighted average share price as of the close on November 22. The transaction, which was unanimously approved by Brightcove's board of directors, is expected to close in the first half of 2025, subject to customary closing conditions and approvals, including approval by Brightcove's stockholders, and the receipt of required regulatory approvals. Upon the completion of the transaction, Brightcove will become a privately held company and its common stock will no longer be listed on any public stock exchange.
NMHI

Hot Stocks

08:04 EST Nature's Miracle launches NM Data, invests $3M in Future Tech - Nature's Miracle announced it has formed NM Data, a Nevada Corporation and 100% subsidiary, to develop and acquire Bitcoin mining facilities. NM Data has signed an agreement to invest up to $3M in Future Tech, an Ohio-based company, to develop and build up to 50MW of Bitcoin mining and data center hosting facilities at Stryker, Ohio. With the $3M investment, NM Data will own 51% of Future Tech. The initial investment is $200,000 and the additional $2.8M is to be paid within 12 months of the initial closing. The closing of the investment of the $3M is subject to Future Tech's executing an Electricity Sales and Purchase Agreement with a certain supplier set forth in the agreement and Future Tech entering into a ten-year lease option to purchase indoor space as set forth in the agreement. NM Data will invest additional capital to complete the 50MW bitcoin mining facility.
MTH

Hot Stocks

08:03 EST Meritage Homes announces two-for-one stock split - Meritage Homes announced that its Board of Directors has declared a two-for-one stock split of Meritage's common stock in the form of a stock dividend. Each stockholder of record at the close of business on December 31, 2024 will receive one additional share of common stock for each share of common stock held, payable after the close of market on January 2, 2025. Trading will begin on a split-adjusted basis on January 3, 2025.
AMZN

Hot Stocks

08:03 EST Amazon's AWS announces Quantum Embark program - Amazon Web Services announced this weekend Quantum Embark, a new advisory program for customers. Quantum Embark aims to help customers get ready for quantum computing by providing an expert-led approach, as they embark on their journey, AWS said. With Embark, there are no long-term commitments, and customers can get started in as little as a few weeks, the company added. "With Amazon Braket, the quantum computing service of AWS, experienced customers can already reduce their technology risk by getting one-stop-shop access to a range of diverse quantum hardware on a pay-as-you-go basis. Now, through the new Quantum Embark program, we are adding advisory services that provide more context, guidance, and expertise to help customers who are just starting their quantum journey. This program is designed to empower customers to work backwards from their most business-critical and compute intensive use cases, develop an understanding of the state of the art, pinpoint relevant quantum technologies to focus on, and ultimately make informed decisions about future resourcing and their long-term quantum roadmap." Reference Link
ABTS

Hot Stocks

08:03 EST Abits Group acquires additional 400 units of Antminer T21 - Abits Group announced it has signed agreements with Bitmain to purchase an additional 400 units of Antminer T21 for delivery by early December. Following the return of previously announced 500 units of S19 XP, the company has strategically shifted to the more advanced T21 miners. This purchase will increase the total mining fleet at its Tennessee site to 2,375 units, comprising: 1,370 units of Antminer S19 XP Hydro; 305 units of Antminer S19J Pro; 700 units of Antminer T21
ATLN

Hot Stocks

08:02 EST Atlantic International secures contract with home goods distributor - Atlantic International announced its subsidiary Lyneer Staffing Solutions has been awarded a significant staffing contract with a leading international distributor of home goods. This global innovator specializes in designing and marketing a comprehensive range of household essentials, with a portfolio of well-known brands and a presence in major retailers worldwide. The partnership will initially focus on staffing flexible workforce solutions for one of the distributor's major U.S. distribution hubs, creating up to 150 new job opportunities. Based on performance, the collaboration could expand to additional locations, with total expected revenue of up to $15M annually.
TOYO

Hot Stocks

08:02 EST Toyo to acquire 100% of membership interests in Solar Plus Technology Texas - Toyo announced it has agreed to acquire 100% of membership interests in Solar Plus Technology Texas located in Houston metropolitan area, Texas, via its subsidiary Toyo Solar LLC. Key Highlights: Facility details: The newly leased facility spans 567,140 square feet which we plan to accommodate 2.5 GW of solar module manufacturing capacity and further expand it to 6.5 GW by 2029. The factory construction of Phase 1 of the facility has been completed, and a portion of the required equipment will arrive by early 2025. Production timeline: The facility's first 1 GW production is expected to commence by mid-2025. Production capacity is expected to be increased to 2.5 GW by the end of 2025, in anticipation of a strong order pipeline from U.S. customers. Strategic Impact: This acquisition aligns with TOYO's mission to expand its footprint in the U.S. to be closer to the majority of its clients, meet the demand for American-made solar panels, and contribute to the growing demand for secure, sustainable energy solutions as demands on the grid continue to rise.
BCTX

Hot Stocks

07:53 EST BriaCell director Marc Lustig resigns - BriaCell Therapeutics announces that it has accepted the resignation of Mr. Marc Lustig, MSc, MBA from the Board of Directors.
GTLL

Hot Stocks

07:48 EST Global Technologies appoint H. 'Wyatt' Flippen as CEO - Global Technologies announced the appointment of H. "Wyatt" Flippen as its new CEO and as a member of the Board of Directors. Most recently, Mr. Flippen served as Co-Founder and CEO of a holding company managing innovative marketing and consulting ventures. Fredrick Cutcher will remain as President of 10 Fold Services and as a member of the Board of Directors.
NLST SSNLF

Hot Stocks

07:46 EST Netlist wins $118M in second patent infringement trial against Samsung - Netlist (NLST) announced that it won a $118M damages award against Samsung Electronics, Samsung Electronics America, and Samsung Semiconductor (SSNLF) in the United States District Court for the Eastern District of Texas. The award resulted from a jury trial which involved three Netlist patents: U.S. Patent Nos. 7,619,912, 11,093,417 and 10,268,608. The infringing products were all Samsung DDR4 RDIMMs and DDR4 LRDIMMs. Netlist filed the complaint against Samsung in August 2022. The federal jury's unanimous verdict confirmed that all three Netlist patents had been infringed by Samsung, that none of the patents were invalid, that Samsung willfully infringed those patents, and that money damages were owed to Netlist for the infringement of all three patents.
J ACM

Hot Stocks

07:46 EST Jacobs selected for water infrastructure program for Metro Vancouver - Jacobs (J), operating under a joint venture with Aecom (ACM), was selected to design Metro Vancouver's multi-year program to upgrade the Iona Island Wastewater Treatment Plant. One of Canada's most transformative programs, upgrading and expanding the current treatment plant will enhance water quality allowing the plant to serve nearly one million people by 2051. The program includes transforming the over 60-year-old wastewater plant from primary treatment to a tertiary treatment facility, providing protection of public health and delivering significant environmental benefits to the receiving waters of the Salish Sea.
ACRGF CGC

Hot Stocks

07:45 EST Acreage Holdings provides update on corporate transactions - Acreage Holdings announced that, further to its press releases of June 4 and June 5, 2024, Acreage anticipates that Canopy USA will complete its acquisition of Acreage pursuant to the Acquisitions in mid-December, 2024. As further described below, as a result of the dilution in respect of the Offering completed by the Company in June 2024, the Company expects that the Exchange Ratio relating to the Fixed Shares will be significantly reduced. The reduction of the Exchange Ratio will result in fewer common shares of Canopy Growth Corporation issuable to each holder of Class E subordinate voting shares of the Company. As a result of the material impact of the Offering it is anticipated that the current holders of Fixed Shares will receive zero value upon closing of the Acquisitions. The Company expects that the Floating Share Exchange Ratio will remain as provided in the Floating Share Arrangement Agreement. Acreage is party to an arrangement agreement with Canopy dated April 18, 2019, as amended, relating to the proposed acquisition of all issued and outstanding Fixed Shares pursuant to the plan of arrangement under the Business Corporations Act. The Fixed Share Acquisition is anticipated to occur immediately after the acquisition of the Class D subordinate voting shares of Acreage pursuant to the plan of arrangement under the Business Corporations Act in accordance with the arrangement agreement dated October 24, 2022, as amended, among the Company, Canopy and Canopy USA. Upon the closing of the Acquisitions, Canopy USA will own 100% of the issued and outstanding shares of Acreage. Closing of the Acquisitions is expected to occur in mid-December, 2024, subject to the satisfaction or waiver of closing conditions, including, but not limited to, receipt by Acreage, Canopy and Canopy USA of required regulatory approvals.
PSTV

Hot Stocks

07:43 EST Plus Therapeutics presents updated progress from its ReSPECT-LM Phase 1 trial - Plus Therapeutics presented data updating the progress of its ReSPECT-LM Phase 1 clinical trial of Rhenium Obisbemeda in leptomeningeal disease (LM). The data were presented at the 2024 Society for Neuro-Oncology Annual Meeting November 21-24 in Houston, Texas. ReSPECT-LM dose escalation trial: Response: The best clinical benefit rate from a single dose of Rhenium Obisbemeda, assessed from baseline to day 112, was measured through complete response, partial response, and stable disease across three key metrics: Circulating tumor cells: 93% responded, including 1 complete response and 1 stable case, MRI imaging: 75%, with 5 responses and 7 stable cases, Clinical Response: 86%, with 2 responses and 10 stable cases; Median overall survival for Cohorts 1-4 was 9 months, with 6 out of the 16 patients alive at the time of analysis; Three of the 20 patients received up to 3 doses of Rhenium Obisbemeda under compassionate use IND, all surviving over 400 days, with one exceeding 30 months. Next steps: The first patient in Cohort 6 has been treated using a modified dose of 75 mCi; Cohort 6 is anticipated to conclude in Q1 2025; Planning is underway for a Phase 1b single dose expansion cohort trial using the Cohort 4 dose of 44 mCi, which is expected to fully enroll in 2025
NCNC

Hot Stocks

07:41 EST noco-noco to appeal Nasdaq delisting determination - noco-noco announced that, on November 22, 2024 Singapore Time, it has received a determination letter from The Nasdaq Stock Market's Hearings Panel notifying the Company of its decision to delist noco-noco's securities due to non-compliance with Nasdaq's continued listing requirements. The Panel determined that the Company's securities will be suspended from trading on Nasdaq at the open of business on November 25, 2024. The Company intends to appeal the Panel's decision to the Nasdaq Listing and Hearing Review Council within the applicable 15-day appeal period. While the initiation of the appeal will not automatically stay the suspension, the Company is taking concrete measures to regain compliance with Nasdaq's listing requirements. The delisting notice will have no material impact on the Company's operations, and noco-noco will continue to focus on driving performance growth and operational efficiency.
BRK.A BRK.B

Hot Stocks

07:41 EST Berkshire Hathaway's Warren Buffett to convert 1,600 A shares into 2.4M B shares - Warren Buffett will convert 1,600 A shares into 2.4M B shares in order to give these B shares to four family foundations: 1.5M shares to The Susan Thompson Buffett Foundation and 300,000 shares to each of The Sherwood Foundation, The Howard Buffett Foundation and NoVo Foundation.
MDNA

Hot Stocks

07:40 EST Medicenna Therapeutics presents preclinical data on MDNA11 - Medicenna Therapeutics announced the presentation of preclinical data on MDNA11, a long-acting "beta-enhanced Not-alpha" IL-2 Superkine, and bizaxofusp, MDNA55, an IL-4 Empowered Superkine, at the 2024 Annual Meeting of the Society for Neuro-Oncology, SNO, held in Houston, Texas from November 21 - 24, 2024. These data provide compelling evidence of their combined potential to simultaneously enhance immune activation with MDNA11 and weaken the tumor microenvironment, TME, with bizaxofusp, for the treatment of "cold tumors" such as glioblastoma. MDNA11 shows significant survival benefits in preclinical glioblastoma models, expanding CD8+ T and NK cells. Bizaxofusp selectively targets human tumor cells and immune-suppressive cells, enhancing anti-tumor immunity. Combination therapy with MDNA11 and Bizaxofusp demonstrates synergistic tumor-killing in human GBM tumoroids.
LPA

Hot Stocks

07:40 EST Logistic Properties of the Americas authorizes 12-month $10M share repurchase - Logistic Properties of the Americas announced that its Board of Directors has authorized a 12-month share repurchase program o buy back up to $10M of the Company's outstanding ordinary shares, effective November 22 . Under this program, LPA may repurchase its shares from time to time, based on equity market conditions, legal requirements, and other corporate considerations, under a 10b5-1 plan or similar trading arrangement. The Company intends to fund any repurchase of its shares using cash from operations. Any repurchased shares will be held in LPA's treasury. Esteban Saldarriaga, Chief Executive Office of LPA, said, "Our decision to initiate this share repurchase program underscores our confidence in the strength of our business and our commitment to delivering long-term value to our shareholders. By repurchasing shares, we aim to address the current market dislocation in our stock and highlight the intrinsic value of our extensively dollar-denominated real assets and platform, supported by creditworthy multinational customers."
DFLI

Hot Stocks

07:39 EST Dragonfly Energy releases Battle Born smart lithium batteries - Dragonfly Energy announces the public release of its new Battle Born smart lithium batteries, now available for purchase at special introductory pricing. This release coincides with the Company's annual Black Friday sales event, happening now through Cyber Monday, where customers can access some of the best prices of the year on all Battle Born products. The new Battle Born smart batteries feature Dragonfly IntelLigence, the Company's patent-pending technology that delivers comprehensive battery communication and monitoring capabilities. This innovation allows users to track individual battery and full battery bank performance in real-time. Through the Battle Born Mobile App, users can receive critical alerts, access detailed performance data, and review historical reports to optimize system performance. This advanced visibility enhances system configuration, streamlines troubleshooting, and ensures compliance with industry standards, including the ABYC E-13 Standards for Lithium Power Systems on Marine Vessels.
CGTX

Hot Stocks

07:39 EST Cognition Therapeutics provided an update on Phase 2 'SHINE' study analysis - Cognition Therapeutics provided an update on a biomarker analysis from the Phase 2 'SHINE' study in mild-to-moderate Alzheimer's disease. This new analysis focused on plasma samples from all participants who entered the study with lower levels of plasma p-tau2172. Several blood-based measures of Alzheimer's disease biology were identified that were normalized in CT1812-treated participants compared to the placebo-treated participants. These biomarker changes occurred in concert with a 95% slowing of cognitive decline as measured by ADAS-Cog11 in the same patients. These data provide further evidence that CT1812 may be preserving cognitive function and slowing disease progression by protecting key neurological system. In this new analysis, the Company reported changes in plasma biomarkers that may reflect Alzheimer's disease pathology. The results demonstrated that individuals who entered the study with plasma p-tau217 below the median experienced a normalization of several key indicators of Alzheimer's disease progression, including: Reduction in the neuroinflammatory biomarker, GFAP, an emerging biomarker of brain injury; Lowering of the neurodegenerative biomarker, NfL, an indicator of the degree of neurodegeneration; Impact on amyloid biology demonstrated by a reduction in Abeta42 and Abeta40, key proteins implicated in Alzheimer's disease
AVXL

Hot Stocks

07:38 EST Anavex announces acceptance of manuscript on blarcamesine Phase IIb/III data - Anavex Life Sciences announced the acceptance of a peer-reviewed manuscript titled, "Blarcamesine for the treatment of Early Alzheimer's Disease: Results from the ANAVEX2-73-AD-004 Phase IIB/III trial," in a medical journal with focus on Alzheimer's disease. The publication date is expected around Q4 2024/Q1 2025. "The publication in a peer-reviewed medical journal is an important milestone for the Anavex team and is a testament to the importance of the findings for the scientific and Alzheimer's disease communities," said Juan Carlos Lopez-Talavera, MD, PhD, Head of Research and Development of Anavex. "We are on track for regulatory submission of oral blarcamesine in Europe in the current quarter 2024." This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that any investigational uses of such product will successfully complete clinical development or gain health authority approval.
BDRBF

Hot Stocks

07:37 EST Bombardier appoints Maso as Chief Human Resources Officer - Bombardier announced the appointment of Caroline Maso as Chief Human Resources Officer. Maso will report directly to Eric Martel, President and CEO of Bombardier and, effective early in the new year, will lead Bombardier's worldwide Human Resources practice with a focus on ensuring Bombardier is a best-in-class employer in every country the company operates. Prior to her appointment at Bombardier, Maso held the role of Senior Vice President, Human Resources, Canada, Romania, Algeria, LATAM and Corporate Functions at AtkinsRealis.
NTLA REGN

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07:36 EST Intellia announces FDA granted RMAT designation to nexiguran ziclumeran - Intellia Therapeutics (NTLA) announced that the U.S. Food and Drug Administration, FDA, has granted Regenerative Medicine Advanced Therapy, RMAT, designation to nexiguran ziclumeran for the treatment of hereditary transthyretin amyloidosis with polyneuropathy, ATTRv-PN. Development and commercialization of nex-z is led by Intellia as part of a multi-target collaboration with Regeneron (REGN). "This RMAT designation underscores the transformative potential of nex-z, our investigational in vivo CRISPR-based gene editing therapy for those living with hereditary ATTR amyloidosis with polyneuropathy," said Intellia President and Chief Executive Officer John Leonard, M.D. "It was granted following the FDA's review of our compelling interim Phase 1 data that indicated our one-time treatment led to rapid, deep and durable TTR reduction, which is expected to halt and potentially reverse the disease. We look forward to working closely with the FDA to bring this potential paradigm-shifting therapy to patients as quickly as possible."
JETMF

Hot Stocks

07:36 EST Global Crossing Airlines announces results of annual meeting - Global Crossing Airlines Group announced that the nominees listed in the proxy statement for the 2024 Annual Meeting of Stockholders were elected as directors of the Company. The election of Mr. Martins is subject to the terms of the Company's Majority Voting Policy required by the Cboe Canada Exchange. Stockholders at the Annual Meeting also voted in favor of an amendment to the Company's Employee Share Purchase Plan to increase the number of shares of common stock reserved for issuance by 3,000,000 share. Stockholders at the Annual Meeting also voted in favor of appointing Rosenberg Rich Baker Berman P.A. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.
SRM

Hot Stocks

07:35 EST SRM Entertainment secures large order from Orlando theme park - SRM Entertainment announced a significant order for its line of misting fans, designed to provide refreshing relief to theme park visitors worldwide. The initial order of $820,000 for US theme parks and $85,000 for international parks, marks a strong presence in this growing product category for SRM Entertainment.
BHVN

Hot Stocks

07:34 EST Biohaven provides updates on taldefgrobep alfa development programs - In the RESILIENT SMA study, taldefgrobep alpha showed clinically meaningful improvements in motor function at all timepoints on the Motor Function Measurement-32 scale, but the treatment arm did not statistically separate on the primary outcome at Week 48 compared to the placebo+standard of care group. Efficacy signals were observed in clinically relevant and biomarker-defined subgroups including those related to age, ambulatory status, background therapy, and baseline myostatin level. Analyses of prespecified subgroups by race and ethnicity demonstrated that the largest study population showed clinically meaningful improvements on the MFM-32 at all timepoints, including Week 48, compared to the corresponding placebo+SOC group. Additional analyses of these subjects who had measurable baseline myostatin showed an improved efficacy signal within this myostatin-positive population. Biohaven plans to engage the FDA regarding potential next steps forward and will present the study data at an upcoming conference. The optional long-term extension phase of the trial will remain ongoing pending further data analysis as well as regulatory discussions. Prespecified outcome measures in the overall study population analyzing the change from baseline in body composition at Week 48 demonstrated a greater reduction in the percent change in total body fat mass in the taldefgrobep arm compared to the placebo+SOC arm as measured by dual energy x-ray absorptiometry. The taldefgrobep arm also showed numerically larger increases in lean muscle mass and bone density compared to the placebo+SOC arm. Given the overall strength and consistency of the taldefgrobep-associated changes in body composition, Biohaven plans to rapidly advance taldefgrobep into a placebo-controlled Phase 2 obesity study in 4Q2024 using a user-friendly, self-administered autoinjector. Taldefgrobep demonstrated robust target engagement in the RESILIENT study, reducing myostatin levels below detection in all treated subjects over 48 weeks. Taldefgrobep was well-tolerated in the RESILIENT study with 97% of subjects continuing into the optional long-term extension. There were no taldefgrobep treatment-related serious adverse events
SAVA

Hot Stocks

07:33 EST Cassava announces Phase 3 ReThink-ALZ data did not meet co-primary endpoints - Cassava Sciences announced that the topline results from the Phase 3 ReThink-ALZ study of simufilam in mild-to-moderate AD did not meet each of the pre-specified co-primary, secondary and exploratory biomarker endpoints. The co-primary endpoints were the change in cognition and function from baseline to the end of the double-blind treatment period at week 52, assessed by the ADAS-COG12 and ADCS-ADL scales, comparing simufilam to placebo. Simufilam continued to demonstrate an overall favorable safety profile. The Company will hold a webcast at 8 AM ET. "The results are disappointing for patients and their families who are living with this disease and physicians who have been looking for novel treatment options. We took careful measures to enroll patients with mild-to-moderate AD. Despite that, the loss of cognition in the placebo group was less pronounced than was previously reported in other placebo-controlled studies in AD. We are working to understand this better," said Rick Barry, President and Chief Executive Officer. "A result like this has implications on our second Phase 3 trial, ReFocus-ALZ. We have made the difficult decision to discontinue ReFocus-ALZ, given the nature of today's reported results. The complete 52-week dataset will be available from the study along with a large portion of 76-week data. We intend to report detailed analyses of both studies in the future. We will also be discontinuing the Open Label Extension study. We have a special gratitude for the patients and their families and caregivers who participated in our clinical program for AD. We are also immensely grateful to our employees, study investigators and site coordinators, as well as our other partners, for their commitment to this program. We hope the information we have gathered can ultimately be used to benefit ongoing research in AD." Cassava will continue to review all of the data and evaluate next steps.
PTN

Hot Stocks

07:31 EST Palatin completes patient enrollment in Phase 2 study of PL8177 - Palatin Technologies announced the completion of enrollment in its Phase 2 Study of PL8177, a potent melanocortin-1 receptor agonist, in ulcerative colitis. The study is evaluating the safety, tolerability, efficacy, pharmacokinetics, and biomarkers of orally administered PL8177 in adult patients with active UC. The last patient visit is expected to occur in the first quarter of 2025, with topline data expected shortly thereafter.
FLYLF

Hot Stocks

07:27 EST Flyht Aerospace sends management information circular for special meeting - FLYHT Aerospace Solutionshas sent, to all registered FLYHT shareholders, the management information circular and related materials for the special meeting of FLYHT shareholders to be held at 9:00 a.m. on December 16, 2024 to approve the previously announced plan of arrangement under the Canada Business Corporations Act, pursuant to which Firan Technology Group Corporation will, if the Arrangement becomes effective, acquire all of the issued and outstanding common shares of FLYHT in a cash and share transaction valued at approximately C$13.2 million, all as more particularly described in the Circular and FLYHT's news release dated October 21, 2024. FLYHT is aware that, as a result of the national strike commenced by the Canadian Union of Postal Workers on November 15, 2024, Canada Post's operations have shut down. In order to facilitate the delivery of the Circular and related materials for the Meeting to non-registered Company Shareholders in the event that the Strike, lockout or similar or related events prevent, delay or otherwise interrupt delivery of Circular and related materials for the Meeting to non-registered Company Shareholders in Canada in the ordinary course by the applicable intermediaries, FLYHT will deliver, by email, a copy of the Circular and related materials for the Meeting to each registered or non-registered Company Shareholder who requests. Non-registered Company Shareholders are also encouraged to contact the proxy department at their broker or other intermediary who can assist them with the voting process. Under the Arrangement, FLYHT shareholders may elect to receive, for each Common Share held CAD$0.1103 in cash and 0.0333 common shares of FTG, CAD$0.3379 in cash, or 0.0495 FTG Shares, in each case subject to pro-ration. The Consideration will be subject to maximum aggregate cash consideration of CAD$4.3 million and 1,300,000 FTG Shares. Shareholders who do not make an election will be deemed to have elected to receive a combination of cash and FTG Shares for their Common Shares. The Meeting is scheduled to be held virtually on December 16, 2024 at 9:00 a.m. via virtual audio teleconference call. Company Shareholders of record as of the close of business on November 6, 2024 are entitled to receive notice and vote at the Meeting. The board of directors of FLYHT, after evaluating the Arrangement with management and FLYHT's advisors, including receipt of a fairness opinion from KSV Advisory Inc., has unanimously determined the Arrangement is in the best interests of FLYHT and is fair to Company Shareholders and unanimously recommends that Company Shareholders vote FOR the Arrangement.
M

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07:26 EST Macy's down 3% after delaying Q3 report due to accounting issue
QNTM

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07:19 EST Quantum BioPharma invites shareholders to join market manipulation suit - Quantum BioPharma followed up on recent events concerning the complaint filed by the Company in the United States courts, that alleges that CIBC World Markets, RBC Dominion Securities and others engaged in market manipulation in the share price of the Company. The company said, "The Company, as well as its shareholders, have suffered financial and emotional losses resulting from this alleged manipulation. We are determined to right this wrong by the Defendants and reverse the Company losses and claim punitive damages to the extent determined by the courts. As a result, prominent legal teams have been assembled to pursue the recovery of all losses and damages impacting our Company. The law firms have agreed to be compensated without cost to the Company but solely on a contingency basis, meaning that the Company will not be billed for legal costs in this matter. The Company itself is seeking damages of more than $700M we believe it has suffered. The shareholders can find updated information about the case on the Quantum vs Banks page of our website which will be updated periodically. Quantum Biopharma previously know as FSD Pharma and traded under the symbol HUGE is inviting and requesting shareholders to join with the company in its quest to get justice for itself and all affected shareholders, both past and current. The company strongly believes the more affected and harmed shareholders that come forward to share specific details of their losses, the stronger the case will become against the alleged perpetrators, for the vast financial harm they have caused."
ALNY

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07:12 EST FDA accepts Alnylam's sNDA for vutrisiran for ATTR-CM treatment - Alnylam Pharmaceuticals announced that the U.S. Food and Drug Administration or FDA, has accepted for review the Company's supplemental New Drug Application sNDA for vutrisiran, an investigational RNAi therapeutic in development for the treatment of ATTR amyloidosis with cardiomyopathy ATTR-CM . Based on the Company's use of a Priority Review Voucher, the FDA has set an action date goal of March 23 under the Prescription Drug User Fee Act PDUFA . The FDA has informed the Company that it is not planning to hold an advisory committee meeting at this time to review the application. Vutrisiran is the generic name for AMVUTTRA which is currently approved by the FDA for the treatment of the polyneuropathy of hereditary transthyretin-mediated amyloidosis hATTR-PN in adults. "We are pleased that the FDA has accepted our sNDA for vutrisiran for the treatment of ATTR with cardiomyopathy - a steadily progressing, debilitating and ultimately fatal disease," said Pushkal Garg, M.D., Chief Medical Officer of Alnylam. "In HELIOS-B, treatment with vutrisiran improved cardiovascular outcomes, survival, disease progression and quality of life, as compared to placebo, in a population reflective of today's patients on substantial background treatment. We look forward to working with the FDA to support their review of the application and bring vutrisiran to patients with ATTR-CM in the U.S. early next year."
M

Hot Stocks

07:12 EST Macy's reports preliminary Q3 highlights - Macy's First 50 locations delivered third consecutive quarter of comparable sales growth, up 1.9%. Bloomingdale's reported comparable sales growth of owned and owned-plus-licensed-plus-marketplace up 1.0% and 3.2%, respectively. Bluemercury reported comparable sales growth of 3.3%. Asset sale gains of $66M were ahead of expectations. Preliminary Balance Sheet and Liquidity: Merchandise inventories increased 3.9% year-over-year, reflecting improved inventory composition and supply chain efficiencies. The conversion to cost accounting was estimated to account for approximately half of the increase from the prior year. Entering the fourth quarter, the company believes it has the appropriate level of newness heading into the holiday season. The company ended the third quarter of 2024 with cash and cash equivalents of $315M and $2.77B of available borrowing capacity under its asset-based credit facility reflecting current borrowings and letters of credit. Total debt of $2.865B included $86M of short-term borrowings under the company's asset-based credit facility and no material long-term debt maturities until 2027. The company voluntarily retired $220M of debt during the quarter through a previously disclosed tender offer.
ADBRF

Hot Stocks

07:11 EST Aldebaran Resources announces updated MRE for Altar copper-gold project - Aldebaran Resources announced the results of an updated mineral resource estimate for the Altar copper-gold project in San Juan, Argentina. This updated resource estimate includes three main porphyry discoveries reported within a single conceptual open pit. The 2024 Altar Resource Estimate is reported using the same cut-off as the 2021 mineral resource estimate, to allow for a direct comparison. Highlights: Measured & Indicated resource of 2.40 billion tonnes grading 0.42% copper, 0.07 g/t gold, 1.22 g/t silver and 42 ppm molybdenum; 22.01 billion pounds of copper, 5.08 million ounces of gold, and 93.76 million ounces of silver; Inferred resource of 1.22 billion tonnes grading 0.37% copper, 0.04 g/t gold, 1.25 g/t silver and 45 ppm molybdenum 9.83 billion pounds of copper, 1.71 million ounces of gold, and 49.04 million ounces of silver; Significant increase when compared to the 2021 mineral resource estimate; 100% increase in Measured and Indicated tonnes; 542% increase in Inferred tonnes; 94% increase in Measured and Indicated copper pounds; 462% increase in Inferred copper pounds; 48% increase in Measured and Indicated gold ounces; 338% increase in Inferred gold ounces; Mineralization is still open in several directions; Amenable to open-pit mining. John Black, CEO, commented: "The 2024 Altar Resource Estimate represents a major milestone for the Altar copper-gold project. Over the past several years we focused on expanding the footprint of the Altar deposit, completing over 63,000 m of drilling since we reported the last mineral resource estimate in 2021. The results reported today demonstrate that Altar is one of the largest undeveloped copper-gold deposits in the world. On the back of this resource estimate, we have begun working towards the first PEA on the Altar project, to be completed in Q2-2025. With our 2024-2025 drill program just underway and lots of catalysts coming, the future is very bright at the Altar copper-gold project."
CLSD

Hot Stocks

07:11 EST Clearside extends global footprint with presentations at medical meetings - Clearside Biomedical announced that presentations highlighting Clearside's suprachoroidal delivery technology and data on its pipeline programs were delivered in medical meetings in Asia, Europe and the United States. Most prominently, Clearside's progress was featured in multiple activities at the 17th Asia-Pacific Vitreo-Retina Society, APVRS, Congress that took place November 22-24, 2024 in Singapore. In addition, Clearside's technology and recent ODYSSEY topline data results for CLS-AX in wet AMD were highlighted at the Ophthalmology Innovation Summit, OIS, event November 22-23, 2024 in San Diego, CA and will be presented at the upcoming FLORetina 12th International Congress on OCT and OCT Angiography in Florence, Italy being held December 5-8 2024.
SWVL HSBC

Hot Stocks

07:09 EST Swvl secures sustainable finance with HSBC - Swvl Holdings (SWVL) has announced a sustainable credit facility with HSBC Bank (HSBC) aimed at financing Swvl's expansion of its pipeline of client contracts in the fourth quarter of 2024. Additionally, the agreement with HSBC establishes a broader strategic collaboration to enhance Swvl's financial operations as the Company continues its path to sustainable growth. The agreement with HSBC is a significant milestone that highlights Swvl's recent achievements in the enterprise mobility market, where the Company has secured major client contracts and developed a robust client pipeline. Swvl believes that collaborating with a prominent financial institution will help drive momentum forward and deliver on growth initiatives.
MOBX

Hot Stocks

07:08 EST - Mobix Labs announced it has agreed to acquire Spacecraft Component ...The acquisition, which is expected to close in the first quarter of 2025, represents a significant strategic milestone for Mobix Labs as it expands its presence into new markets and strengthens its leadership in key industries. Spacecraft Components is recognized for its cutting-edge engineering and manufacturing capabilities...As a long-standing supplier to Mobix Labs, Spacecraft Components Corp. has provided high-quality components for Mobix Labs products. This acquisition is a natural fit, allowing Mobix Labs to integrate Spacecrafts expertise and expand into the aerospace, military, and defense sectors; while also entering the transportation market as a new revenue stream. ... The acquisition is expected to increase Mobix Labs workforce by approximately 150 employees, primarily based in Nevada. Spacecraft Components reported unaudited revenues of $18.1M in 2023, with forecasted growth for the next two years. Spacecrafts compiled unaudited non-GAAP financials represent it has positive earnings and cash flow. The acquisition is expected to be accretive to Mobix Labs earnings. If the transaction closes as anticipated, it will materially increase Mobix Labs revenue in fiscal year 2025. The terms of the transaction include a purchase price ranging from $18M to $24M, with consideration to be paid in a combination of cash and equity, subject to earnout provisions, all of which will be finalized subject to completion of due diligence. The deal remains subject to final due diligence and the approval of the boards of directors of both companies.
POET

Hot Stocks

07:08 EST Poet Technologies expands capacity to meet AI infrastructure demand - POET Technologies announced its intention to expand its optical engine production capacity in Malaysia. The Company also announced that it has signed a binding Memorandum of Understanding, MOU, with Quanzhou Sanan Optical Communication Technology, SAIC, to transfer to POET its 24.8% stake in the joint venture Super Photonics Xiamen, along with all the production equipment previously leased by SAIC to SPX. With control of SPX, POET now has the flexibility to implement its "China Plus One" strategy to locate its wafer-scale assembly operations outside of China.
GUROF PEP

Hot Stocks

07:08 EST Guru Organic Energy to conclude distribution agreement with PepsiCo Canada - GURU Organic Energy Corp. (GUROF) announced that its distribution agreement with The Pepsi Bottling Group, ULC, a subsidiary of PepsiCo (PEP), will conclude on May 22, 2025. The termination occurred in accordance with the terms outlined in the agreement with PepsiCo Canada signed in June 2021. GURU will transition back to its proven direct distribution model that drove GURU's growth from 1999 to 2021, ensuring uninterrupted service to retailers and consumers across Canada. Between now and May 22, 2025, GURU will work closely with PepsiCo Canada to ensure a smooth transition for all stakeholders. Post-transition, GURU plans to expand its internal sales force and reestablish partnerships with distributors who share its vision for better-for-you energy innovation.
RKLB

Hot Stocks

07:08 EST Rocket Lab announces $23.9M award from the U.S. Department of Commerce - Rocket Lab has finalized a $23.9M award from the U.S. Department of Commerce to increase its compound semiconductor manufacturing capability and capacity at the company's Albuquerque, New Mexico facility. The semiconductors produced by Rocket Lab are used in space-grade solar cells and other optoelectronic products that are important components for national security and commercial applications.
UBXG

Hot Stocks

07:07 EST U-BX Technology announces effective day for 1-for-16 reverse stock split - U-BX Technology announced that it has resolved to effect a reverse stock split of the Company's ordinary shares and has determined the ratio to be 1-for-16. At the Company's annual meeting of shareholders held on October 24, 2024, the Company's shareholders approved a reverse stock split and granted the Company's Board of Directors the authority to determine the exact split ratio and on November 2, 2024, the Company's Board of Directors determined the ratio to be 1-for-16. U-BX's ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on November 27, 2024 under the existing ticker symbol "UBXG". The new CUSIP number of the Company's ordinary shares will be G9161K112.
M

Hot Stocks

07:07 EST Macy's delays Q3 earnings release and conference call - The company also reported today that, during the preparation of its unaudited condensed consolidated financial statements for the fiscal quarter ended November 2, 2024, it identified an issue related to delivery expenses in one of its accrual accounts. The company consequently initiated an independent investigation. As a result of the independent investigation and forensic analysis, the company identified that a single employee with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries to hide approximately $132 to $154 million of cumulative delivery expenses from the fourth quarter of 2021 through fiscal quarter ended November 2, 2024. During this same time period, the company recognized approximately $4.36 billion of delivery expenses. There is no indication that the erroneous accounting accrual entries had any impact on the company's cash management activities or vendor payments. The individual who engaged in this conduct is no longer employed by the company. The investigation has not identified involvement by any other employee. The company is delaying its earnings release and conference call relating to the third quarter of 2024 to allow for completion of the independent investigation. The company expects to report its full third quarter 2024 financial results and hold its earnings conference call, where it will provide its fourth quarter and full year outlooks, by December 11, 2024. Spring added, "At Macy's, Inc., we promote a culture of ethical conduct. While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our customers and executing our strategy for a successful holiday season."
INAB

Hot Stocks

07:06 EST IN8bio reports results from Phase 1 trial of INB-200 - IN8bio presented results from the fully enrolled Phase 1 trial of INB-200 in a plenary oral presentation at the 29th Annual Meeting of the Society for Neuro-Oncology in Houston, TX. The survival data along with histopathology and radiographic data are indicative of positive treatment effects, which highlight the potential of IN8bio's genetically modified, chemotherapy-resistant gamma-delta T cells as a potential first-in-class therapy for patients with solid tumor cancers such as glioblastoma, GBM. Key findings from the INB-200 Phase 1 trial: 92% of evaluable patients treated with INB-200 for GBM surpassed a median standard-of-care PFS of 6.9 months, with a majority exceeding their expected PFS based on their age and the MGMT status of their tumors. One patient with an IDH-mutant glioma remains alive and progression free at over 40.5 months; IDH-mutant patients in a recently published clinical trial demonstrated a median PFS of 11.1 months in the control arm and 27.7 months in the experimental arm. No treatment-related serious adverse events, dose-limiting toxicities, cytokine release syndrome, infusion reactions, or immune effector cell-associated neurotoxicity syndrome have been reported in any cohort. Gamma-delta T cells were within the normal range post-resection and remained stable with repeated doses, whereas the gamma-delta T cells in Cohort 1 continued to drop after the maintenance cycles with TMZ were initiated. This implies that repeat dosing of gamma-delta T cells may globally benefit the peripheral immune environment. T cells were low prior to surgery, rose after resection and during the cell collection for the product, were below normal during chemotherapy, and in Cohorts 2 and 3 returned to the normal range following treatment.
AZN

Hot Stocks

07:06 EST AstraZeneca announces results from CAPItello-281 trial - Results from the CAPItello-281 Phase III trial showed that AstraZeneca's Truqap in combination with abiraterone and androgen deprivation therapy, or ADT, demonstrated a statistically significant and clinically meaningful improvement in the primary endpoint of radiographic progression-free survival, or rPFS, versus abiraterone and ADT with placebo in patients with PTEN-deficient de novo metastatic hormone-sensitive prostate cancer, or mHSPC. Overall survival, or OS, data were immature at the time of this analysis; however, the Truqap combination showed an early trend towards an OS improvement versus abiraterone and ADT with placebo. The trial will continue as planned to further assess OS as a key secondary endpoint. The safety profile of Truqap in combination with abiraterone and ADT in CAPItello-281 was broadly consistent with the known profile of each medicine. Data will be presented at a forthcoming medical meeting and shared with global regulatory authorities.
M

Hot Stocks

07:05 EST Macy's delays Q3 earnings release and conference call
SASKF

Hot Stocks

07:05 EST Atha Energy announces assay results from 2024 Angilak Exploration Program - ATHA Energy announced conclusions from its updated 2024 Technical Report on its 100%-owned Angilak Uranium Project in Nunavut. Conclusions from the Report - in accordance with the guidelines set forth in the National Instrument NI 43-101 - establish a baseline Exploration Target for the Lac 50 Deposit ranging between 60.8 M lbs U3O8 and 98.2 M lbs U3O8, with an average grade range between 0.37% U3O8 and 0.48% U3O8 - restricted to drill results from the Lac 48, 50, 52, and 54 mineralized Trends. The updated 2024 Technical Report utilized technical information collected predominately from 2009 through to 2024 - inclusive of assay results from the 2024 Angilak Exploration Program and will be prepared by Mr. Matthew Batty, MSc., P.Geo, owner of Understood Minerals Resources Ltd. The updated 2024 Technical Report will also include details regarding the Exploration Target Model presented herein, and will be filed on SEDAR within 45 days of this release. The Company is also pleased to announce assay results from its Phase I: diamond drilling campaign completed as part of the 2024 Angilak Exploration Program. The 2024 Angilak Exploration Program resulted in the expansion of mineralized domains along the Lac 50 Trend where grades of up to 5.85% U3O8 over 0.5 m were intersected. Additionally, the program identified and expanded mineralization along parallel trends, defined as Lac 48, Lac 52, and Lac 54 Trends. Troy Boisjoli, CEO added: "ATHA was built with a large-scale vision that reflects our belief in the generational opportunity within the uranium sector and we believe our exploration program at Angilak exemplifies this approach. Rather than relying on incremental delineation at Angilak, the unique strength of our balance sheet amongst exploration peers and deep technical bench provided us the opportunity to design and successfully execute an exploration program seeking long-term value creation that give us both resolution on the future scale of Angilak and also significantly de-risks future exploration programs. We are extremely pleased with the outcome of this choice and believe these exploration results not only establish the large-scale resource potential at Angilak but also prove the viability of Nunavut as a tier 1 uranium jurisdiction globally."
BSX

Hot Stocks

07:03 EST Boston Scientific to acquire Intera Oncology, terms not disclosed - Boston Scientific announced it has entered into a definitive agreement to acquire Intera Oncology, a privately held medical device company that provides the Intera 3000 Hepatic Artery Infusion Pump and floxuridine - a chemotherapy drug - both of which are approved by the U.S. FDA. The Intera 3000 pump is used to administer hepatic artery infusion therapy to treat tumors in the liver primarily caused by metastatic colorectal cancer. Boston Scientific expects to complete the transaction in the first half of 2025, subject to closing conditions. The transaction is expected to have an immaterial impact on adjusted earnings per share in 2025 and is expected to be more dilutive on a GAAP basis due to acquisition-related net charges and amortization expense. Specific terms of the transaction have not been disclosed.
RNAZ

Hot Stocks

07:03 EST Transcode Therapeutics announces 1-for-33 reverse stock split - TransCode Therapeutics Board of Directors has approved a 1-for-33 reverse stock split. The reverse stock split was approved by TransCode's stockholders on November 22, 2024, and is intended to increase the per share trading price of the Company's common stock to enable the Company to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The 1-for-33 reverse stock split will automatically convert thirty-three current shares of TransCode'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 of issuing fractional shares, stockholders of record who otherwise would be entitled to receive fractional shares will be entitled to rounding up of the fractional share to the nearest whole number. The reverse split will reduce the number of shares of common stock outstanding from 17,265,658 shares to approximately 523,202 shares. Proportional adjustments also will be made to the exercise prices of TransCode's outstanding stock options and warrants, and to the number of shares issued and issuable under TransCode's stock incentive plans. Vstock Transfer will act as the exchange agent for the reverse stock split. Stockholders of record are not required to take any action to receive post-split shares in book-entry. Stockholders owning shares through a bank, broker, custodian or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to the holding entity's particular processes; such stockholders will not be required to take any action in connection with the reverse stock split. However, these banks, brokers, custodians or other nominees may have different procedures for processing the reverse stock split than those for registered stockholders. If a stockholder holds shares of common stock with a bank, broker, custodian or other nominee and has any questions in this regard, stockholders are encouraged to contact their bank, broker, custodian or other nominee for more information. The effective date of the reverse stock split has not yet been determined and will be announced by the Company at least two business days prior to its implementation.
SUM

Hot Stocks

06:59 EST Summit Materials to be acquired by Quikrete for $52.50 per share in cash - Summit Materials announced it has entered into a definitive agreement to be acquired by Quikrete for $52.50 per share in cash, for a total enterprise value of approximately $11.5B, including debt. The transaction price represents an approximately 36% premium to Summit's unaffected 90-day volume weighted average price and an approximately 29% premium to Summit's unaffected share price. The combination has been unanimously approved by the Summit and Quikrete boards of directors. The transaction combines Summit's aggregates, cement and ready-mix concrete businesses with Quikrete's concrete and cement-based products business to create a vertically integrated, North American, construction materials solutions provider with strong customer relationships and iconic products. The transaction is expected to close in the first half of 2025, subject to Summit shareholder approval, regulatory approvals and other customary closing conditions. Upon completion of the transaction, Summit will become a privately held subsidiary of Quikrete and its common stock will no longer be traded on the NYSE. Summit's largest shareholder, Cementos Argos, has entered into an agreement pursuant to which it has committed to vote all of its shares of Summit's common stock in favor of the transaction. Quikrete has obtained commitment letters for the financing necessary to complete the transaction, which is not subject to a financing condition. For further information regarding the terms and conditions contained in the definitive transaction agreement, please see Summit's current report on Form 8-K, which will be filed with the U.S. Securities and Exchange Commission in connection with the transaction.
CRGO

Hot Stocks

06:55 EST Freightos CFO Ran Shalev to depart - Freightos announced that Ran Shalev, CFO, has decided to conclude his tenure effective December 31, to pursue another role. The company is in the process of a search for a successor. Shalev has agreed following his departure to actively assist with ongoing operations and with handover throughout Q1. Shalev has served as Freightos' CFO since 2016, overseeing the company's financial operations.
NVS

Hot Stocks

06:55 EST Novartis to present data from mpre than 65 abstracts as ASH, SABCS - Novartis will present data from more than 65 abstracts, including investigator-initiated trials at the 66th American Society of Hematology, ASH, Annual Meeting & Exposition and the 2024 San Antonio Breast Cancer Symposium, SABCS. Longer-term 96-week results from Scemblix ASC4FIRST Phase III study in first-line Ph+ CML-CP to be presented following recent FDA approval based on 48-week data. Late-breaking Kisqali 4-year analysis on distant disease-free survival in key subgroups with HR+/HER2- early breast cancer from Phase III NATALEE trial also to be presented. Pipeline updates demonstrate advancement in research and development programs in hematologic diseases and cancers
ETON

Hot Stocks

06:52 EST Eton Pharmaceuticals acquires U.S. rights to Amglidia from AMMTeK - Eton Pharmaceuticals announced that it has acquired the U.S. rights to Amglidia for the treatment of neonatal diabetes mellitus from AMMTeK. AMMTeK has conducted a post-approval study tracking five years of real-world safety and efficacy in European patients, which will be used to support Eton's NDA submission. Eton plans to hold a meeting with the FDA in the first quarter of 2025 and anticipates submitting an NDA for the product in 2026.
MRK

Hot Stocks

06:47 EST Merck reports 'positive' results from Phase 3 ZENITH trial evaluating Winrevair - Merck announced positive topline results from the Phase 3 ZENITH study evaluating Winrevair in adults with pulmonary arterial hypertension functional class III or IV at high risk of mortality. ZENITH met its primary endpoint of time to first morbidity or mortality event. In the study, Winrevair demonstrated a statistically significant and clinically meaningful reduction in the risk of morbidity or mortality events compared to placebo, both on top of background PAH therapy. Based on the strength of these results, an independent data monitoring committee has recommended ZENITH be stopped early and all participants be offered the opportunity to receive Winrevair through the SOTERIA open-label extension study. In preliminary assessment, adverse events and serious adverse events were balanced between the treatment groups.
UHAL

Hot Stocks

06:36 EST U-Haul Holding Company acquires All Season Storage property - U-Haul is now serving customers at a second self-storage facility in Kingsport, having acquired the former All Season Storage location at 4303 Fort Henry Drive to better meet the needs of Sullivan and Hawkins County residents. Now U-Haul Storage of Fort Henry Drive, the 0.75-acre property was acquired on Nov. 12. It is the 49th U-Haul-owned store in Tennessee and provides great accessibility being directly off Interstate 81 (exit 59) and close to Interstate 26.
EQT

Hot Stocks

06:34 EST EQT Corporation announces $3.5B joint venture with BXCI - EQT Corporation announced that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance, or BXCI, to form a new midstream joint venture, or JV, consisting of EQT's ownership interest in high quality contracted infrastructure assets: Mountain Valley Pipeline, LLC - Series A, FERC regulated transmission and storage assets, and the Hammerhead Pipeline. Under the terms of the agreement BXCI will provide EQT $3.5B of cash consideration in exchange for a non-controlling common equity interest in the JV. The investment implies a total JV valuation of approximately $8.8B, or 12x EBITDA. The JV provides EQT with a large-scale equity capital solution at an accretive cost of capital. Additionally, EQT will retain the rights to growth projects associated with the assets contributed to the JV, including the planned Mountain Valley Pipeline, or MVP, expansion and the MVP Southgate project. EQT plans to use proceeds from this transaction to pay down its term loan and revolving credit facility and redeem and tender for senior notes. Pro-forma for this transaction, along with the recent announcement of the divesture of its remaining non-operated assets in northeast Pennsylvania, EQT expects to exit 2024 with approximately $9B of net debt. EQT has posted a presentation to its investor relations website with more details on the transaction. The transaction is subject to customary closing adjustments, required regulatory approvals and clearances, and is expected to close in the fourth quarter of 2024.
GCTS

Hot Stocks

06:33 EST GCT Semiconductor signs pact with European tier one wireless provider - GCT Semiconductor announced the signing of a definitive agreement with a European tier one wireless infrastructure and terminal provider to collaborate on the development of Fixed Wireless Access technology using GCT's 5G solutions including modem chipset and RFIC. The company previously announced the signing of an MOU with the Tier One Supplier in August 2024, a continuation of an existing key customer relationship now moving to 5G. GCT expects the launch of FWA devices related to this activity to commence in the second half of 2025.
CMAX

Hot Stocks

06:31 EST CareMax to sell core centers' assets to ClareMedica Health Partners, no terms - CareMax announced that it has entered into a "stalking horse" purchase agreement with ClareMedica Health Partners, pursuant to which ClareMedica will acquire CareMax's core centers' assets including a vast majority of CareMax's operating clinics. The transaction will be implemented pursuant to a previously announced prearranged chapter 11 plan supported and funded by 100 percent of CareMax's current secured lenders. The sale of the Core Centers' Assets is anticipated to be consummated simultaneously with CareMax's Prearranged Plan. CareMax has obtained Court approval to maintain business-as-usual operations to ensure the company's medical centers and physician affiliates continue providing uninterrupted, high-quality care and service to all patients.
GSK

Hot Stocks

06:15 EST GSK announces FDA accepeted for review a BLA for Blenrep - GSK announced the US Food and Drug Administration, FDA, has accepted for review a Biologics License Application, BLA, for Blenrep in combinations with bortezomib plus dexamethasone and pomalidomide plus dexamethasone for the treatment of patients with multiple myeloma who have received at least one prior line of therapy. The US FDA has assigned a Prescription Drug User Fee Act action date of 23 July 2025. The US application is based on results from the DREAMM-7 and DREAMM-8 phase III trials, which both met their primary endpoints, showing statistically significant and clinically meaningful improvements in progression-free survival for the belantamab mafodotin combinations compared to standard of care triplet combinations in relapsed or refractory multiple myeloma. Results from both trials also showed clinically meaningful improvements across all other secondary efficacy endpoints, including deeper and more durable responses compared to the respective standard of care combinations. The safety and tolerability profiles of the belantamab mafodotin combinations in the DREAMM-7 and DREAMM-8 trials were broadly consistent with the known profiles of the individual agents. This is the sixth major regulatory filing acceptance this year for belantamab mafodotin combinations in the treatment of relapsed or refractory multiple myeloma based on the results of the DREAMM-7 and DREAMM-8 trials
AZN

Hot Stocks

06:13 EST AstraZeneca's Truqap combo demonstrated statistically significant improvement - High-level results from the CAPItello-281 Phase III trial showed that AstraZeneca's Truqap in combination with abiraterone and androgen deprivation therapy, ADT, demonstrated a statistically significant and clinically meaningful improvement in the primary endpoint of radiographic progression-free survival versus abiraterone and ADT with placebo in patients with PTEN-deficient de novo metastatic hormone-sensitive prostate cancer, mHSPC. Overall survival, OS, data were immature at the time of this analysis; however, the Truqap combination showed an early trend towards an OS improvement versus abiraterone and ADT with placebo. The trial will continue as planned to further assess OS as a key secondary endpoint. The safety profile of Truqap in combination with abiraterone and ADT in CAPItello-281 was broadly consistent with the known profile of each medicine. Data will be presented at a forthcoming medical meeting and shared with global regulatory authorities.
STI

Hot Stocks

06:12 EST Solidion partners with Giga Solar Materials to develop U.S. battery market - Solidion announced the signing of a strategic memorandum of understanding, or MOU, with Giga Solar Materials, materials manufacturer out of Taiwan. The partnership represents a step forward in accelerating the production of innovative Silicon Oxide, or SiOx, anode materials in the United States and playing a role in securing a lithium battery materials supply chain in North America. Leveraging Solidion's 550+ patent portfolio and R&D capabilities, the collaboration with Giga Solar, and the previously announced partnership with Bluestar Materials, will focus on a total solution of high-quality SiOx anode materials. Foxconn previously invested $36M through Giga Storage Corp, a subsidiary in an EV partnership with Giga Solar.
ONB

Hot Stocks

06:06 EST Old National Bancorp, Bremer Financial enter merger agreement - Old National Bancorp and Bremer Financial jointly announced today that they entered into a definitive merger agreement. Founded in 1943, BFC is the bank holding company for Bremer Bank. The Otto Bremer Trust is a private charitable trust based in St. Paul, Minnesota. It currently holds a majority ownership stake in Bremer. Upon closing of this transaction, the Trust will have an approximate 11% ownership stake in Old National and a Trustee of the Otto Bremer Trust will join the Old National Board of Directors. Under the terms of the definitive merger agreement, each outstanding share of Bremer common stock will be converted into the right to receive 4.182 shares of Old National common stock plus $26.22 in cash, valuing the transaction at approximately $1,401 million, or $116.76 per share, based on Old National's closing stock price on November 22, 2024. The definitive merger agreement has been unanimously approved by the Board of Directors of Bremer and Old National. The transaction is subject to customary closing conditions and regulatory approvals, including the approval of Bremer shareholders. The transaction is anticipated to close in the middle of 2025.
UNCRY BNCZF

Hot Stocks

06:06 EST UniCredit makes EUR 10.1B offer for Banco BPM - The Board of Directors of UniCredit S.p.A. (UNCRY) has approved the launch of a voluntary public exchange offer in respect of all ordinary shares of Banco BPM S.p.A. (BNCZF). The exchange ratio has been set at 0.175 newly issued shares of UniCredit for each existing share of Banco BPM, implying an offer price at EUR 6.657 per share and a premium of circa 0.5% based on official prices as of November 22 for a total consideration of circa EUR 10.1B fully in shares. This represents a circa 15% premium to the undisturbed share price on November 6, pre the announcement of the Anima acquisition offer. It is expected the settlement of the exchange offer will be completed by June 2025, with full integration completed within approximately 12 months thereafter with the majority of synergies realized within 24 months. UniCredit expects high single digit EPS accretion within two years following the settlement of the exchange offer, incorporating run-rate revenue and cost synergies. Reference Link
DRRX

Hot Stocks

06:04 EST Durect announces sale of Alzet line of osmotic pumps to LIC for $17.5M - Durect announced the sale of its Alzet line of osmotic pumps to Lafayette Instrument, or LIC, a portfolio company of Branford Castle Partners II, a North-American focused private equity firm. Under the terms of the agreement, LIC paid Durect $17.5M in exchange for certain assets and liabilities associated with the Alzet product line. Simultaneous with this transaction, Durect has paid off all remaining obligations under the term loan agreement with Oxford Finance. Aquilo Partners acted as financial advisor and Wilson, Sonsini, Goodrich & Rosati acted as legal advisor to Durect.
BUD

Hot Stocks

06:01 EST AB InBev extends 40-year partnership with FIFA - AB InBev has extended its nearly 40-year partnership with FIFA to include the FIFA Club World Cup 2025 taking place in the United States from June 15th to July 13th. AB InBev is also a sponsor of FIFA World Cup 2026, which will be jointly hosted by 16 cities across Canada, Mexico and the United States. The expanded partnership reinforces the brewer's megabrand and mega platform strategy by connecting beer with global events that consumers love. Megabrands Budweiser and Michelob ULTRA will lead the partnership complemented with local brands in select markets.
EVTL

Hot Stocks

05:43 EST Vertical Aerospace announces $50M in new funding - Vertical Aerospace announced the signing of a term sheet among the company, its majority shareholder Stephen Fitzpatrick, and its primary creditor Mudrick Capital Management. The VX4 during piloted, untethered testing. This term sheet secures a commitment to $50M in new funding. The funding will support the company's newly launched Flightpath 2030 Strategy that aims to establish itself as a global leader in the eVTOL market by the end of the decade, including the ongoing development and certification of the VX4.
OKE ENLC

Hot Stocks

05:40 EST Oneok to acquire outstanding shares of EnLink Midstream for $4.3B in stock - Oneok (OKE) and EnLink Midstream (ENLC) announced that they have executed a definitive merger agreement under which Oneok will acquire all of the outstanding publicly held common units of EnLink for $4.3B in Oneok common stock. Under the agreement, each outstanding common unit of EnLink that Oneok does not already own will be converted into 0.1412 shares of Oneok common stock. The exchange ratio was derived by dividing $15.75 per unit, equal to EnLink's market close price on Nov. 22, by Oneok 10-day volume-weighted average price, or VWAP. In the aggregate, Oneok will issue approximately 37M shares in connection with the proposed transaction, representing approximately 6% of the total Oneok shares outstanding upon consummation of the transaction. The board of directors of the managing member of EnLink delegated to the conflicts committee of such board, consisting of three independent directors, the authority to review, evaluate, negotiate and approve the transaction. The EnLink conflicts committee, after evaluating the transaction with its independent legal and financial advisors, unanimously determined that the transaction is in the best interests of EnLink and the public unitholders and approved the transaction. The EnLink conflicts committee recommended approval of the transaction to the EnLink board, which also unanimously approved the transaction. Subject to the satisfaction of customary closing conditions, completion of the transaction is expected to occur in the first quarter of 2025. The completion of the merger is subject to the approval of a majority of the outstanding EnLink common units and other customary closing conditions. Oneok has committed to vote its units, representing approximately 44% of the outstanding EnLink common units, in favor of the transaction. No Oneok shareholder vote is required to complete the transaction. In addition, no further regulatory approval is necessary, as Oneok filed under the Hart-Scott-Rodino Act in connection with its previously announced acquisition of the controlling interest in EnLink, and the necessary waiting period, including for this transaction, has been completed. On October 15, Oneok announced the successful completion of its acquisition of Global Infrastructure Partners entire interest in EnLink for a total cash consideration of approximately $3.3B.
FFIE

Hot Stocks

05:34 EST Faraday Future to receive new shipment of 100 sets of Fuji vehicle body parts - Faraday Future announced it will receive a new shipment of 100 sets of Fuji vehicle body parts for FF 91 2.0 production. The company continues to work to optimize its global supplier network. The company said, "In tandem, the readiness of the first Faraday X (FX) prototype mules for shipment to the U.S. demonstrates the Company's ability to execute on multiple fronts as it advances its FX brand strategy while continuing production of the FF 91 2.0 at its FF ieFactory in Hanford, California."
RHHBY JAZZ

Hot Stocks

05:30 EST Roche announces FDA approval of label expansion into biliary tract cancer - Roche (RHHBY) announced the FDA approval of a label expansion into biliary tract cancer, or BTC, for the Pathway anti-HER2/neu Rabbit Monoclonal Primary Antibody test. This test is now the first and only FDA-approved companion diagnostic to aid in the assessment of HER2-positive status to identify BTC patients who are eligible for treatment with Jazz Pharmaceuticals' (JAZZ) Zihera.
RKLB

Hot Stocks

05:27 EST Rocket Lab launches two missions in less than 24 hours - Rocket Lab launched its 56th Electron mission, deploying five satellites to low Earth orbit for French internet-of-things constellation operator Kineis. The "Ice AIS Baby" mission lifted-off from Rocket Lab Launch Complex 1 in Mahia, New Zealand at 4:55 pm on November 25, deploying five satellites to a 643 kilometer low Earth orbit. The mission was Rocket Lab's 14th mission of 2024 and 56th launch overall. It also brought the total count of satellites deployed by Rocket Lab to 203. The launch took place just 21 hours and 55 minutes after Rocket Lab completed a successful mission from Launch Complex 2 in Virginia, setting a new company record for fastest turnaround between launches.
BTU

Hot Stocks

05:21 EST Peabody Energy to acquire Anglo American steelmaking coal assets for $2.32B - Peabody announced it has agreed to acquire steelmaking coal assets from Anglo American. The transaction is expected to close mid-2025, subject to customary closing conditions. In consideration for the transaction: Peabody has agreed to pay cash of $2.32B, comprised of cash of $1.7B at closing and deferred payments of $625M payable in four annual installments commencing on the first anniversary of the completion date. Peabody has also agreed to further contingent payments of up to $1B, subject to potential favorable future events. Proceeds to Anglo American would also include $455M made possible by the acquisition of Dawson Mine by PT Bukit Makmur Mandiri Utama in a back-to-back transaction. The acquisition includes four metallurgical coal mines - Moranbah North, Grosvenor, Aquila, and Capcoal - located in Australia's Bowen Basin. Approximately 80% of the mines' output is hard coking coal. The mines are complementary to Peabody's existing Australian platform, including Centurion Mine, and are expected to produce approximately 11.3M tons of primarily hard coking coal in 2026. The acquired mines have an average mine life greater than 20 years with 306M tons of marketable reserves and an additional 1.7B tons of coal resources The acquisition is expected to transform Peabody's metallurgical coal segment, increasing metallurgical coal production from an estimated 7.4M tons in 2024 to an expected 21M-22M tons in 2026. Peabody's acquisition is contingent on regulatory approvals, clearance of pre-emption rights by minority partners of the assets, and other customary closing conditions. The company has secured a bridge facility commitment to finance the acquisition. The company intends to obtain permanent financing in lieu of borrowing under the bridge facility and targets a debt-to-EBITDA ratio ceiling of approximately 1.5x. The transaction agreement provides for an upfront cash payment of $1.7B n, as well as $625M of deferred cash consideration to be paid over a four-year period, $450M of contingent consideration based on the successful restart of Grosvenor, and up to $550M of contingent consideration based on a revenue sharing agreement over a five-year period6. All referenced transaction components exclude the Dawson Mine, which Indonesia's PT Bukit Makmur Mandiri Utama has agreed to acquire for total consideration of $455M, subject to pre-emption rights and other customary closing conditions.
UXIN

Hot Stocks

05:13 EST Uxin announces change of fiscal year end - Uxin announced that the company's board of directors approved a change of the company's fiscal year end from March 31 to December 31 each year. The oompany said the primary purpose of this change is to streamline the company's financial reporting with global standards and align with industry practices, enhancing comparability with peers. This adjustment also allows the company to better synchronize operational planning and reporting cycles with market trends and customer demands. The change of fiscal year end is effective immediately.
EW

Hot Stocks

05:10 EST Edwards Lifesciences announces presentation of one-year SAPIEN 3 data - Edwards Lifesciences announced one-year data highlighting the continued performance of its SAPIEN 3 Ultra RESILIA valve. The data were presented at PCR London Valves 2024 and simultaneously published in the Journal of the American College of Cardiology, or JACC: Cardiovascular Interventions. An analysis of data from more than 9,000 propensity-matched patients in the STS/ACC TVT Registry1 demonstrated that those who received Edwards' newest generation SAPIEN 3 Ultra RESILIA valve experienced outstanding one-year outcomes that continuously surpassed recipients of the earlier generation SAPIEN 3 and SAPIEN 3 Ultra valves. Patients receiving the SAPIEN 3 Ultra RESILIA valve experienced extremely low mortality, low rates of reintervention, larger effective orifice areas, lower echo-derived gradients across all valve sizes and no paravalvular leak in 84.4% of cases. Patients in the SAPIEN 3 Ultra RESILIA valve cohort, who had an average STS score of 3.6 and average age of 77, experienced meaningful quality of life benefits with a clinically significant average 31-point increase in KCCQ2 score and one-day length of hospital stay with 93% discharged to their homes.
SRAD

Hot Stocks

05:05 EST Sportradar launches generative AI audio - Sportradar announced the launch of generative AI audio, a new feature within its ad:s multi-channel marketing service. The tool leverages the power of gen AI integrated with Sportradar's live data, to automate the creation of personalized, real-time audio adverts for sportsbook and casino operators across one of the fastest growing digital marketing channels globally.