Stockwinners Market Radar for March 22, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

MRK

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19:21 EDT FDA approves Merck Sharp and Dohme's pembrolizumab in carcinoma - The FDA announced: "On March 22, 2021, the Food and Drug Administration approved pembrolizumab - Keytruda, Merck Sharp & Dohme Corp - in combination with platinum and fluoropyrimidine-based chemotherapy for patients with metastatic or locally advanced esophageal or gastroesophageal carcinoma who are not candidates for surgical resection or definitive chemoradiation. Efficacy was evaluated in KEYNOTE-590, a multicenter, randomized, placebo-controlled trial that enrolled 749 patients with metastatic or locally advanced esophageal or gastroesophageal junction carcinoma who were not candidates for surgical resection or definitive chemoradiation. PD-L1 status was centrally determined in tumor specimens in all patients using the PD-L1 IHC 22C3 pharmDx kit. Patients were randomized to pembrolizumab in combination with cisplatin and fluorouracil or placebo with cisplatin and fluorouracil, until unacceptable toxicity or disease progression. Reference Link
PCRX

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18:45 EDT Pacira says FDA approves supplemental NDA for EXPAREL in pediatric patients - Pacira BioSciences announced the U.S. Food and Drug Administration has approved the submission of its supplemental new drug application seeking expansion of the EXPAREL label to include use in patients 6 years of age and older for single-dose infiltration to produce postsurgical local analgesia. With this approval, EXPAREL is the first and only FDA approved long-acting local analgesic for the pediatric population as young as age six. "The current standard of care for managing moderate-to-severe pain in children is opioids, which often come with unwanted severe and possibly life-threatening side effects in this vulnerable patient population," said Dave Stack, Chairman and Chief Executive Officer at Pacira. "In line with our corporate mission to provide an opioid alternative to as many patients as possible, we are grateful for the opportunity to give clinicians and patients a new, safe and effective option for achieving long-lasting non-opioid pain control in children without the need for an indwelling catheter and pump." Since initial approval in 2011, more than 8 million patients have been treated with EXPAREL. With approximately one million pediatric procedures per year where opioids, catheters and pain pumps are the mainstay of postsurgical pain control, there is an urgent unmet need for opioid alternatives.
PLL

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18:38 EDT Piedmont Lithium trading halted, news pending
BHVN

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18:24 EDT Biohaven Pharmaceutical CEO: Nurtec growth looks very good - In an interview on CNBC's Mad Money, Dr. Vlad Coric said Biohaven has a heavy digital-first campaign which gives it an edge over competitors. "We want people to treat their migraine period, regardless of whether it's acute of preventative," he added. The company is "anxiously awaiting" word from the FDA about the use of Nurtec for preventative measures, Coric noted.
GOOG...

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18:00 EDT Google Cloud hires former Intel engineer to run custom chip push - "The future of cloud infrastructure is bright, and it's changing fast. As we continue to work to meet computing demands from around the world, today we are thrilled to welcome Uri Frank as our VP of Engineering for server chip design. Uri brings nearly 25 years of custom CPU design and delivery experience, and will help us build a world-class team in Israel. We've long looked to Israel for novel technologies including Waze, Call Screen, flood forecasting, high-impact features in Search, and Velostrata's cloud migration tools, and we look forward to growing our presence in this global innovation hub," wrote wrote Amin Vahdat Google Fellow and Vice President of Systems Infrastructure. The Fly notes that Uri Frank worked at Intel (INTC) prior to joining Google (GOOG, GOOGL). Reference Link
GOOG...

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18:00 EDT Google Cloud hires former Intel engineer to run custom chip push - "The future of cloud infrastructure is bright, and it's changing fast. As we continue to work to meet computing demands from around the world, today we are thrilled to welcome Uri Frank as our VP of Engineering for server chip design. Uri brings nearly 25 years of custom CPU design and delivery experience, and will help us build a world-class team in Israel. We've long looked to Israel for novel technologies including Waze, Call Screen, flood forecasting, high-impact features in Search, and Velostrata's cloud migration tools, and we look forward to growing our presence in this global innovation hub," wrote wrote Amin Vahdat Google Fellow and Vice President of Systems Infrastructure. The Fly notes that Uri Frank worked at Intel (INTC) prior to joining Google (GOOG, GOOGL). Reference Link
NVO

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18:00 EDT Novo Nordisk discloses FDA Refusal to File letter for semaglutide - The company states: "Novo Nordisk today announced that the US Food and Drug Administration (FDA) has issued a Refusal to File letter covering the label expansion application for once-weekly semaglutide 2.0 mg for the treatment of type 2 diabetes which was filed on 20 January 2021. A refusal to file letter is received when the FDA determines additional information is required to review a complete application. In the letter, FDA has requested additional information including data relating to a proposed new manufacturing site. While additional information needs to be included in the resubmission, Novo Nordisk believes the already completed clinical trial programme will be sufficient for approval of the label expansion application. Novo Nordisk expects to resubmit the application to FDA during the second quarter of 2021."
ZEAL

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17:56 EDT Zealand Pharma jumps over 8% to $37.65 after FDA approval of Zegalogue
ZEAL

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17:56 EDT Zealand Pharma announces FDA approval of Zegalogue injection in diabetes - The company states: "Zealand Pharma announced that the FDA has approved Zegalogue injection for the treatment of severe hypoglycemia in pediatric and adult patients with diabetes aged 6 years and above. Severe hypoglycemia is an acute, life-threatening condition resulting from a critical drop in blood glucose levels associated primarily with insulin therapy and is one of the most feared complications of diabetes treatment. Children with diabetes on insulin are particularly affected, with 7 out 100 children up to the age of 18 reporting severe hypoglycemia in the previous 6 months2. While patients have the ability to monitor and adjust their blood glucose levels to remain in proper glycemic control, it's not always possible to prevent a severe hypoglycemic event. The FDA approval was based on efficacy results from three randomized, double-blind, placebo-controlled multicenter Phase 3 studies of Zegalogue in children aged 6 to 17 and in adults with type 1 diabetes. The primary efficacy endpoint for all three studies was time to plasma glucose recovery , defined as an increase in blood glucose of greater than or equal to20 mg/dL from time of administration, without additional intervention within 45 minutes. The primary endpoint was successfully achieved across the adult and pediatric studies with a significantly faster median time to blood glucose recovery of only 10 minutes following Zegalogue administration compared to 30-45 minutes placebo. In the main Phase 3 adult trial 99% of patients recovered within 15 minutes. In these studies, the most common adverse events reported (greater than or equal to2%) were nausea, vomiting, headache, diarrhea, and injection site pain in adults; and nausea, vomiting, headache, and injection site pain in pediatrics."
QS

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17:28 EDT QuantumScape drops 8% to $59.31 after 13M share common stock offering
LMT

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17:20 EDT Lockheed Martin's Sikorsky Aircraft awarded $91M and $31M U.S. Army contracts - Lockheed Martin's Sikorsky Aircraft was awarded a $90,687,678 cost-plus-fixed-fee contract for engineering, analysis, test, and technical support services for the H-60 product line. The company was also awarded a $30,959,224 modification to contract W58RGZ-17-C-0009 for procurement of nine Army UH-60M and 15 Army HH-60M aircraft.
BANC PMBC

Hot Stocks

17:15 EDT Banc of California to acquire Pacific Mercantile in roughly $235M transaction - Banc of California (BANC) and Pacific Mercantile Bancorp (PMBC) announced they have entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235M, or $9.77 per share, based on the closing price for Banc of California's common stock of $19.54 as of March 22, 2021. Banc of California expects the transaction to be 12.9% accretive to EPS in 2022 with a 2.3 year earnback period to tangible book value per share based on a conservative and achievable cost savings estimate of approximately 35%. Pacific Mercantile Bancorp is a commercial bank headquartered in Costa Mesa, California with $1.6B in total assets, $1.2B in gross loans, and $1.4B in total deposits as of December 31, 2020. Pacific Mercantile had $229.7M in Paycheck Protection loans outstanding at December 31, 2020. Pacific Mercantile operates seven banking offices, including three full service branches, located throughout Southern California. The transaction will increase Banc of California's total assets to approximately $9.5B on a pro forma basis as of December 31, 2020. Jared Wolff, President and Chief Executive Officer of Banc of California, commented, "We are excited to welcome Pacific Mercantile's clients and colleagues into our banking family. Pacific Mercantile's talented team has built an attractive roster of operating company clients, and we look forward to serving them with high-touch relationship banking." Under the terms of the definitive agreement, which was approved by the Board of Directors of both companies, holders of Pacific Mercantile common stock will receive 0.5 shares of Banc of California common stock for each share of Pacific Mercantile common stock they own. Existing Banc of California stockholders will own approximately 81% of the outstanding shares of the combined company and Pacific Mercantile shareholders are expected to own approximately 19%. The transaction is expected to close in the third quarter of 2021, subject to satisfaction of customary closing conditions, including regulatory approvals and shareholder approvals from Banc of California and Pacific Mercantile shareholders. Pacific Mercantile directors who own shares of Pacific Mercantile common stock and certain shareholders have entered into agreements with Banc of California pursuant to which they have committed to vote their shares of Pacific Mercantile common stock in favor of the transaction. Banc of California directors who own shares of Banc of California common stock and certain stockholders have entered into agreements with Pacific Mercantile pursuant to which they have committed to vote their shares of Banc of California common stock in favor of the transaction.
H

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17:13 EDT Hyatt's Floyd sells nearly 10,000 class A common shares - In a regulatory filing, Hyatt Hotels' H. Charles Floyd disclosed the sale of 9,880 class A common shares of the company on March 18 at a price of $88.63 per share.
GOOG...

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17:11 EDT Google Cloud hires former Intel engineer for to run custom chip push - "The future of cloud infrastructure is bright, and it's changing fast. As we continue to work to meet computing demands from around the world, today we are thrilled to welcome Uri Frank as our VP of Engineering for server chip design. Uri brings nearly 25 years of custom CPU design and delivery experience, and will help us build a world-class team in Israel. We've long looked to Israel for novel technologies including Waze, Call Screen, flood forecasting, high-impact features in Search, and Velostrata's cloud migration tools, and we look forward to growing our presence in this global innovation hub," wrote wrote Amin Vahdat Google Fellow and Vice President of Systems Infrastructure. The Fly notes that Uri Frank worked at Intel (INTC) prior to joining Google (GOOG, GOOGL). Reference Link
EVTC

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17:11 EDT Evertec's Rospigliosi sells over 24,000 common shares - In a regulatory filing, Evertec executive VP Guillermo Rospigliosi disclosed the sale of 24,444 common shares of the company on March 18 at a price of $39.43 per share.
CRIS

Hot Stocks

17:06 EDT Point72 Asset Management takes 5.8% passive stake in Curis - Point72 Asset Management disclosed a 5.8% stake in Curis, which represents over 5.33M shares. The filing does not allow for activism.
RAVN

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16:59 EDT Raven falls 7% to $33.50 after Q4 earnings miss
CRC

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16:31 EDT California Resources names Mark McFarland as permanent CEO - California Resources announced the appointment of Mark McFarland as the company's permanent President and CEO, effective immediately. McFarland has served on the company's board since its emergence from bankruptcy in October 2020, as its Executive Chairman from November 2020 through December 31, 2020 and as its Chairman of the Board and interim CEO since December 31, 2020.
DSKE

Hot Stocks

16:31 EDT Daseke board approves repurchase of up to 3M outstanding common shares - Daseke announced that its Board of Directors has approved a stock repurchase program under which the company is authorized to repurchase up to 3,000,000 shares of its outstanding common stock. The shares may be repurchased from time to time in open market transactions at prevailing market prices or by other means in accordance with federal securities laws and may be repurchased pursuant to a Rule 10b5-1 trading plan. The company intends to fund repurchases from cash on hand.
IONS

Hot Stocks

16:30 EDT Ionis Pharmaceuticals trading resumes
TME

Hot Stocks

16:30 EDT Tencent Music reports Q4 online music paying users reached 56M, up 40.4% y/y
SRRK

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16:22 EDT Scholar Rock publishes pharmacology safety profile of SRK-181 - The company states: "Scholar Rock announced the publication of preclinical development data for SRK-181 in the peer-reviewed journal International Journal of Toxicology. SRK-181 is a product candidate that has been shown to be a potent and highly specific inhibitor of latent growth factor-beta activation in preclinical studies. SRK-181 is being developed to overcome primary resistance to checkpoint inhibitor therapy and is currently being studied in the two-part DRAGON Phase 1 trial in patients with locally advanced or metastatic solid tumors exhibiting primary resistance to anti-PD-1 therapy. Key findings include: Selective inhibition of latent TGFbeta1 activation by SRK-181 was shown to avoid dose-limiting toxicities associated with pan-TGFbeta inhibitors in preclinical pharmacology studies. In-vitro studies showed that SRK-181 had no effect on human platelet aggregation, activation, or binding and that SRK-181 does not trigger a proinflammatory cytokine response in peripheral blood mononuclear cells. Four-week toxicology study showed that weekly intravenous administration of SRK-181 achieved sustained serum exposure and was well-tolerated in rats and monkeys with no treatment-related adverse findings. No observed adverse effect level of 200 mg/kg and 300 mg/kg were achieved in rats and cynomolgus monkeys, respectively. Preclinical pharmacologic and pharmacokinetics assessments provided support for the dose-selection strategy for the ongoing DRAGON Phase 1 trial in patients with solid tumors".
ETN

Hot Stocks

16:18 EDT Eaton acquires Green Motion SA, terms not disclosed - Eaton announced it has acquired Green Motion SA, a designer and manufacturer of electric vehicle charging hardware and related software. Green Motion is based in Switzerland. "Energy transition around the world is rapidly gathering momentum, and Eaton is well positioned to contribute to society and benefit from this important trend," said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton. "Electric vehicle charging infrastructure is among the areas where we expect to see significant growth over the next decade. Green Motion's proven charger designs and its advanced power and billing management software are powerful additions to Eaton's existing energy storage and power distribution offerings."
KODK

Hot Stocks

16:18 EDT Kodak announces commitment from ONLINEPRINTERS Group - In a post to its corporate website, Kodak said in part: "One of Europe's biggest online print shops has become more efficient and more sustainable thanks to high performance CTP and SONORA Process Free Plates from Kodak... In the second quarter of 2019, ONLINEPRINTERS became a beta user of the new T-speed KODAK MAGNUS Q800 Platesetter with automatic plate loading from a Single Pallet Loader for pallets with a capacity of 1500 plates including slip sheets. Trial production with the KODAK SONORA X Process Free Plate began in parallel... In view of their positive experience with Kodak's CTP and process free technologies, there is no doubt about which direction the ONLINEPRINTERS Group will take in the future. The production sites in Denmark and Poland have already been equipped with new MAGNUS Q800 Platesetters and have likewise gone over to printing with the SONORA XTRA Plate while Solopress in the UK has long been a user of Kodak platesetters and process free plates." Reference Link
NEWT

Hot Stocks

16:18 EDT Newtek Business Services closes $100M credit facility - Newtek Business Services announced that Newtek Business Lending, Newtek's portfolio company that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank AG. The facility will be used to fund SBA 504 loans and has an initial two-year term. Barry Sloane, Chairman, President and Chief Executive Officer said, "We greatly appreciate the opportunity for NBL to close this financing facility with Deutsche Bank. Combining this facility with NBL's existing $75 million credit facility with Capital One Bank will leave NBL well positioned to grow its SBA 504 business. NBL's SBA 504 lending opportunities are attractive in that NBL is able to sell the 504 loan and book gain-on-sale income. Specifically, NBL is able to sell the conventional first senior-secured lien, as well have the second lien taken out and financed by government debentures, with a goal of generating a gain-on-sale income and leaving nothing on the balance sheet. The financing facilities provide for seasoning of the loans and the warehouse to sell the loans. We anticipate that NBL can be a material contributor to the BDC's dividend on a regular basis."
CC

Hot Stocks

16:17 EDT Chemours announces strategic review of Mining Solutions business - The Chemours Company announced the next step in its growth and repositioning journey. The company initiated a strategic review to assess the potential sale of its Mining Solutions business. The process is intended to drive shareholder value and portfolio focus. Chemours has retained Gordon Dyal & Co. Advisory Group LP to assist in this strategic review process.
ACA

Hot Stocks

16:16 EDT Arcosa to acquire StonePoint, affiliated entities for $375M in cash - Arcosa announced that it has reached a definitive agreement to acquire StonePoint Ultimate Holding, LLC and affiliated entities from an affiliate of Sun Capital Partners, Inc. for $375M in cash. StonePoint is one of the 25 largest aggregates companies in the United States, with approximately 9M tons of annual production across 20 locations, and more than 40 years of reserve life. StonePoint operates in three regions: Gulf Coast, Tennessee/Kentucky, and Pennsylvania/West Virginia. Approximately 80% of StonePoint's EBITDA is generated from aggregates, while the remaining 20% is earned from asphalt and other services. The acquisition is expected to be accretive to Arcosa's earnings and margins in 2021. Commenting on the transaction, Antonio Carrillo, Arcosa's President and Chief Executive Officer, noted, "StonePoint represents an outstanding strategic fit for Arcosa. The transaction aligns with Arcosa's strategy to expand our Aggregates business in our current footprint and to enter new, attractive geographies. StonePoint has an experienced operating team, an attractive pipeline of organic growth projects and bolt-on acquisitions, and a footprint in fast-growing markets. We look forward to welcoming the StonePoint team to the Arcosa family and building on our combined strengths." The transaction has been approved by the Company's Board of Directors and has already received regulatory approval under the Hart-Scott-Rodino Act. The transaction is subject to customary closing conditions and is expected to close in April 2021. Arcosa expects to fund the acquisition with a combination of cash on-hand and borrowings available under its $500M revolving credit facility, with an expectation to refinance the borrowings with long-term debt.
KURA

Hot Stocks

16:16 EDT Kura publishes Tipifarnib Phase 2 data in Journal of Clinical Oncology - Kura Oncology announced the publication of results from its RUN-HN study, a Phase 2 open-label, single-arm trial of tipifarnib in patients with HRAS mutant head and neck squamous cell carcinoma, HNSCC, whose disease had progressed after prior therapy. The paper, titled "Tipifarnib in Head and Neck Squamous Cell Carcinoma with HRAS Mutations," was published online in the Journal of Clinical Oncology. As of the April 10, data cutoff, a total of 22 HNSCC patients with high HRAS mutant variant allele frequency were enrolled, of whom 20 were evaluable for response. Eleven of the 20 evaluable patients met RECIST v1.1 criteria for confirmed partial response and, for an objective response rate, ORR,of 55% . Median progression-free survival of 5.6 months on tipifarnib was a statistically significant improvement over the median PFS of 3.6 months on last prior therapy. The median overall survival was 15.4 months . Robust activity was seen despite resistance to chemotherapy, immunotherapy and/or cetuximab. The ORR for three FDA-approved therapies for treatment of HNSCC in the second line range from 13-16%, with median PFS of 2-3 months and median OS of 5-8 months. "We are encouraged by the compelling efficacy and safety profile of tipifarnib in patients with recurrent or metastatic HRAS mutant head and neck squamous cell carcinoma," said Alan Ho, M.D., Ph.D., of Memorial Sloan Kettering Cancer Center and principal investigator of the trial. "Importantly, these patients experienced limited benefit on prior therapies, including immunotherapies, which demonstrates the high unmet need for this disease. These data also reinforce the relevance of genomic testing for HRAS mutations to identify patients who could potentially benefit from tipifarnib treatment."
PSN

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16:15 EDT Parsons awarded $250M ceiling seabed-to-space ISR contract - Parsons was awarded a shared ceiling value $250M indefinite-delivery, indefinite-quantity multiple award task order contract by the Naval Information Warfare Center Pacific for research, development, test, and technical engineering for maritime intelligence, surveillance, and reconnaissance and information operations. The contract has a three-year base period worth $145M and a two-year option for $105M. Parsons will provide the U.S. Navy the ability to develop and field ISR systems that incorporate the latest capabilities for maintaining robust communication, surveillance, and security to accommodate advances in technology and other complementary systems while countering ever-increasing threats.
ATLC

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16:12 EDT Atlanticus Holding announces Jeffrey Howard, as its new CEO - Atlanticus Holdings announced that David Hanna, Chairman of the Board and Chief Executive Officer, will transition to the role of Executive Chairman of Atlanticus. The Company's Board of Directors unanimously elected long-time President, Jeffrey A. Howard, as its new Chief Executive Officer. Both changes were effective March 1. Mr. Howard has served Atlanticus as President and as a member of its Board of Directors since April 2014. Having worked with the Company for almost 20 years, Mr. Howard has an intimate understanding of Atlanticus' operations and strategic opportunities.
BLFS

Hot Stocks

16:11 EDT BioLife Solutions to acquire Stirling Ultracold in an all-stock merger - BioLife Solutions announced the signing of a definitive merger agreement to acquire Global Cooling, operating as Stirling Ultracold, a privately held manufacturer of ultra-low temperature mechanical freezers. BioLife will issue 6,646,870 shares of common stock for 100% of the outstanding shares of Stirling in an all-stock transaction, which is expected to close early in the second quarter of 2021. With Stirling, BioLife believes that total GAAP revenue in 2021 will exceed $100M and the transaction is expected to be accretive on an adjusted Net Income per share basis in 2022 and beyond. BioLife also announced 2020 revenue of $48.1M, a 76% increase over 2019, driven by a 32% increase in biopreservation media revenue, combined with the impact of the results of the company's prior acquisitions. Stirling's preliminary, unaudited, 2020 revenue was $39M. BioLife expects the acquisition of Stirling to impact the company's financial performance as follows: 2021 revenue contribution is expected to be approximately $35M-$37M depending on the actual closing date of the transaction, which is currently expected to occur on or before May 1. Stirling's historical gross margins are in the low 30% range. Identified margin expansion opportunities are expected to drive Stirling's gross margins into the mid to high 40% range in the mid-term. The transaction is expected to be accretive on an adjusted Net Income per share basis in 2022 and beyond. Following the close of this transaction, BioLife intends to keep the Stirling Ultracold brand and to maintain its existing staff and facilities in Athens, Ohio. Roderick de Greef, BioLife's chief financial and operating officer, remarked, "The combined companies' annualized revenue run rate is approximately $115 million, based on our revenue in the fourth quarter of 2020 of $14.7 million, and Stirling's unaudited revenue for the fourth quarter of 2020 of $14 million. While we expect to see some near-term margin dilution as a result of the transaction, however, we anticipate the combined entity will achieve our targeted adjusted EBITDA margin range of 30% in the mid to longer term."
IONS RHHBY

Hot Stocks

16:08 EDT Ionis Pharmaceuticals: Roche to discontinue dosing in Phase 3 GENERATION HD1 - Ionis Pharmaceuticals (IONS) announced its partner, Roche (RHHBY), has decided to discontinue dosing in the Phase III GENERATION HD1 study of tominersen in manifest Huntington's disease. The decision was based on the results of a pre-planned review of data from the Phase III study conducted by an unblinded Independent Data Monitoring Committee. While there were no new or emerging safety signals identified for tominersen, the iDMC made its recommendation based on the investigational therapy's potential benefit/risk profile for study participants. Participants will continue to be followed for safety and clinical outcomes. In addition, dosing will be paused in the open-label extension study (GEN-EXTEND) of tominersen while data are carefully analyzed to inform next steps on this study. Roche also stated that the Phase I PK/PD study (GEN-PEAK) of tominersen and Roche's observational HD Natural History Study will continue. Roche has stated that once full data from the studies are available and analyzed, Roche will share learnings and future plans with the community.
AKRO

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16:08 EDT Akero Therapeutics histological improvements in cirrhotic NASH post cohort C - Akero Therapeutics announced results of an expansion cohort of a 16-week Phase 2a clinical trial, Cohort C, evaluating efruxiferminin the treatment of adult patients with cirrhotic nonalcoholic steatohepatitis. Of the 17 confirmed compensated cirrhosis study subjects who volunteered to have end-of-treatment biopsies, 4 of 12 patients, or 33%, treated with EFX achieved a one-stage improvement in fibrosis without worsening of NASH. Another 3 of 12 EFX patients achieved NASH resolution. In total, 7 of 12 EFX patient sshowed histological improvements. None of the 5 placebo patients achieved either one-stage improvement in fibrosis without worsening of NASH, or resolution of NASH. In addition, statistically significant improvements in glycemic control and lipoprotein profile, and a trend toward weight loss, were also observed. "I believe these data are unprecedented," said Stephen Harrison, M.D., medical director of Pinnacle Clinical Research. "Today's data in cirrhotic patients, who have the highest unmet need, show clear signals of fibrosis improvement without worsening of NASH and NASH resolution, supported by compelling, statistically significant results for non-invasive fibrosis measures. These results set EFX apart."
SPTN

Hot Stocks

16:07 EDT SpartanNash chairman Dennis Eidson to retire - SpartanNash announced that Dennis Eidson will retire as Chairman of the SpartanNash board and step down from the board when his term expires at the 2021 Annual Meeting. The Nominating and Corporate Governance Committee of the board has nominated current Lead Independent Director Douglas A. Hacker to succeed Mr. Eidson as Chairman. It is anticipated that Mr. Hacker will be elected the new Chairman following the Annual Meeting on May 26, 2021.
SPNE

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16:07 EDT SeaSpine to acquire 7D Surgical - SeaSpine Holdings Corporation announced that it has entered into an agreement to acquire all of the issued and outstanding shares of 7D Surgical, a privately-held, Toronto-based company, in a cash and stock deal valued at $110M, subject to customary adjustments. In February 2020, SeaSpine announced that it had entered into a strategic alliance agreement to distribute 7D Surgical's flagship navigational system founded on its machine-vision, image-guided surgery platform. It is currently anticipated that, subject to receipt of all regulatory, court, shareholder and other approvals, the transaction will be completed in Q2 of 2021. SeaSpine will provide additional information on the expected financial impacts of the transaction after it closes.
STX VZ

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16:06 EDT Seagate names Verizon CIO Arumugavelu to Board - Seagate (STX) announced that Shankar Arumugavelu has been appointed to the company's Board of Directors and to serve on the Audit and Finance Committee of the Board, effective March 19, 2021. Mr. Arumugavelu is senior vice president and global chief information officer for Verizon Communications (VZ) and leads the company's information technology strategy, architecture, development, and management of the information systems portfolio, continued evolution of digital platforms, and operation of supporting infrastructure across all Verizon business units.
BFST

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16:05 EDT Business First Bancshares to acquire Smith Shellnut Wilson - Business First Bancshares, the holding company for b1BANK, and Smith Shellnut Wilson, jointly announced the signing of a definitive agreement under which b1BANK will acquire SSW. SSW is a registered investment advisor specializing in managing investment portfolios for corporations, foundations and individuals. Consummation of the acquisition is expected to occur in the coming weeks. Following consummation of the transaction, b1BANK expects to consolidate its Wealth Solutions Division with SSW and to continue to operate SSW as a subsidiary of b1BANK.
EHTH

Hot Stocks

16:04 EDT Starboard discloses 7.0% activist stake in eHealth - Starboard disclosed a 7.0% stake in eHealth, which represents over 1.8M shares. The filing does allow for activism.
CHMA

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16:04 EDT Chiasma presents long term safety, efficacy data for Mycapssa - Chiasma presented long-term safety and efficacy data from the first 48 weeks of the open-label extension, OLE, of the Phase 3 CHIASMA OPTIMAL trial of Mycapssa at the Endocrine Society's annual meeting, ENDO 2021, being held virtually March 20-23. "These long-term safety and efficacy data demonstrate that MYCAPSSA maintains insulin-like growth factor 1 (IGF-1) levels in patients with acromegaly who previously required monthly injections for their disease," said Susan Samson, M.D., Ph.D., FRCPC, FACE, principal investigator of the trial. "The fact that 90% of the patients receiving MYCAPSSA in the CHIASMA OPTIMAL trial elected to enroll in the OLE demonstrates strong patient preference for MYCAPSSA." Raj Kannan, CEO of Chiasma, added, "The long-term durability of response seen with the 48-week open label extension study further supports our belief in MYCAPSSA's potential to become the new standard of pharmacological care for patients with acromegaly."
BLFS

Hot Stocks

16:03 EDT BioLife Solutions to acquire Stirling Ultracold in an all-stock merger
PTGX

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16:03 EDT Protagonist Therapeutics to initiate Phase 3 study of rusfertide in PV - Protagonist Therapeutics announced that the Division of Nonmalignant Hematology at the U.S. FDA has provided important feedback during an End-of-Phase 2 meeting on rusfertide, an investigational new treatment for polycythemia vera. Protagonist has also received written comments from the European Medicines Agency supportive of the Company's pivotal clinical development plan in PV. Based on the feedback from the FDA and EMA, Protagonist intends to initiate a global Phase 3 clinical trial of rusfertide in PV. The Phase 3 trial will be a randomized, placebo-controlled study of about 200 to 250 adult participants, including both high-risk and low-risk patients, who require frequent phlebotomy treatments with or without cytoreductive or other concomitant therapies. The primary endpoint will be the proportion of patients achieving a response, with response defined as absence of phlebotomy eligibility based on hematocrit control between weeks 20 through 32. In addition, there will a durability follow-up during weeks 32-52 of the study, after which participants will be offered open-label treatment for evaluation of long-term effects and safety. Frequency of phlebotomies, as well as symptom improvement as measured by MPN-TSS criteria, will be among the important secondary endpoints in the study.
TME

Hot Stocks

16:01 EDT Tencent Music, Warner Music sign multi-year licensing agreement - Tencent Music Entertainment Group and Warner Music announced an expanded multi-year strategic licensing agreement. The companies have been working together since their original agreement more than a decade ago. TME will continue to make Warner Music's repertoire available across all its online music platforms in mainland China, including QQ Music, Kugou Music and Kuwo Music, as well as its live streaming platforms and WeSing, its online karaoke platform. In addition, Warner Music's repertoire will also be made available, via TME's online music platforms, on certain designated connected devices, such as in-car audio systems, in mainland China. The companies also agreed to launch a new joint venture record label, leveraging Warner Music's global resources and experience in supporting artists' careers, as well as TME's massive influence in mainland China's music and entertainment market.
RHHBY

Hot Stocks

16:01 EDT Genentech to discontinue dosing in Phase III GENERATION HD1 study - Genentech, a member of the Roche Group, announced the decision to discontinue dosing in the Phase III GENERATION HD1 study of tominersen in manifest Huntington's disease. The decision was based on the results of a pre-planned review of the data from the Phase III study conducted by an unblinded Independent Data Monitoring Committee. The iDMC made its recommendation based on the investigational therapy's potential benefit/risk profile for study participants. No new or emerging safety signals were identified for tominersen in the review of the data from this study. Genentech intends to continue following participants for safety and clinical outcomes, without the dosing of the investigational medicine or placebo. Once full data from the Phase III study are available and analyzed, Genentech will share learnings and future plans with the HD community. Dosing will be paused in the open-label extension study of tominersen while data are carefully analyzed to inform next steps on this study. "This is very unfortunate news to deliver on the tominersen Phase III study and we know it will be especially difficult for people with Huntington's disease to hear. The HD community currently has no treatments to stop or slow the progression of this rare neurodegenerative disease that impacts families across generations," said Levi Garraway, M.D., Ph.D., chief medical officer and head of Global Product Development. "GENERATION HD1 is the largest clinical trial in Huntington's disease to date and we do know that the data generated will significantly advance our understanding of huntingtin-lowering as a potential treatment approach. We would like to thank all of the individuals and families participating in the study for their contribution, as well as the broader HD community for their commitment and collaboration."
ALVR

Hot Stocks

16:01 EDT AlloVir names Diana Brainard as new CEO - AlloVir announced that its board has appointed Diana M. Brainard, M.D., as the company's CEO, effective May 17, 2021. Dr. Brainard has served on AlloVir's Board of Directors since April 2019, initially as a Board Observer, and as an Independent Director since July 2020. Dr. Brainard currently serves as Senior Vice President and Head of the Virology Therapeutic Area at Gilead Sciences, Inc. She will succeed David Hallal, who will step down as CEO and continue to serve as Executive Chairman of the Board.
IONS

Hot Stocks

16:00 EDT Ionis Pharmaceuticals trading halted, news pending
ZEAL

Hot Stocks

15:59 EDT Zealand Pharma's dasiglucagon NDA approved by FDA - Zealand Pharma's dasiglucagon was approved by the FDA on March 22, according to a post to the agency's website for New Drug Application 214231. Reference Link
SPX SPY

Hot Stocks

15:44 EDT Biden intends to nominate Lina Khan for FTC commissioner - U.S. President Joe Biden Joe Biden announced his intent to nominate Lina Khan for Commissioner of the Federal Trade Commission. Lina Khan is an associate professor of law at Columbia Law School, where she teaches and writes about antitrust law, infrastructure industries law, and the antimonopoly tradition. Reference Link
JE

Hot Stocks

15:40 EDT Just Energy trading halted, news pending
CHS

Hot Stocks

15:32 EDT Chico's appoints Jay Topper as Chief Digital Officer - Chico's FAS announced that Jay Topper has been appointed Chief Digital Officer. In this role, Topper will oversee the company's technology, infrastructure and security, and supply chain and logistics, and he will report directly to Molly Langenstein, president and CEO of Chico's FAS. Topper joins Chico's FAS from FTD, where he served as chief digital officer, the company noted.
TNXP

Hot Stocks

14:34 EDT Tonix expects to be in position to initiate Phase 2 study in MDD in Q4 - Tonix Pharmaceuticals announced that it has received the official minutes from a Type B pre-investigational new drug, or IND, meeting with the U.S. Food and Drug Administration on its development plan for TNX-601 CR tablet for the treatment of major depressive disorder, or MDD. Tonix's TNX-601 CR is a novel oral formulation which is being developed as a potential treatment for MDD, posttraumatic stress disorder, and neurocognitive dysfunction associated with corticosteroid use. "Tianeptine sodium immediate release has been available in Europe and many countries in Asia and Latin America for the treatment of depression for more than three decades, first marketed in France in 1989," the company noted. Based on the official minutes, Tonix expects to submit the IND to conduct a human abuse potential study and meet with FDA's controlled substances staff to reach agreement on the details of the abuse potential study. Pending the results of the human abuse potential study and the results of ongoing nonclinical toxicology studies, Tonix expects to be in a position to initiate a Phase 2 study for the treatment of MDD in the fourth quarter of 2021. "We are pleased with the results of the FDA meeting on developing TNX-601 CR for the treatment of MDD and we look forward to advancing its clinical development. Tianeptine products have been approved in Europe and other countries around the world and marketed as prescriptions drugs for treating depression for more than 3 decades. We believe that with respect to tianeptine, TNX-601 CR would meet the bioequivalence standard for daily dosing of these immediate release products. No tianeptine-containing product has been approved by the FDA. TNX-601 CR's proposed mechanism of action is distinct from any approved antidepressant in the U.S," said Seth Lederman, M.D., President and CEO of Tonix Pharmaceuticals.
DFIFF

Hot Stocks

14:05 EDT Diamond Fields sees no material undisclosed information to explain share prices - Diamond Fields Resources announces that it is aware of recent movements in its share price. "The company has no material undisclosed information at the present time and cannot explain the recent price movements," Diamond Fields stated.
SBH TLRD

Hot Stocks

14:01 EDT Sally Beauty appoints Kim McIntosh as Chief Accounting Officer - Sally Beauty (SBH) announced the appointment of Kim McIntosh, as Group Vice President, Controller and Chief Accounting Officer. McIntosh joins the company from Tailored Brands (TLRD), where she was Chief Accounting Officer since December 2020 and Vice President, Corporate Controller from March 2013 to December 2020.
VLVLY

Hot Stocks

13:55 EDT Volvo says shortage of semiconductors impacting production - In a statement, Volvo said that "the global shortage of semiconductors will have a substantial impact on the Volvo Group's production in the second quarter. In the beginning of the quarter, the Group will implement stop days across its global truck manufacturing operations. In total, these are currently estimated to between two and four weeks depending on production site. In addition, disturbances are also expected to impact the Group's other business areas. Visibility into the global supply chain of semiconductors as well as other components is currently very low and the uncertainty about the development is high. The disturbances are expected to have a negative impact on earnings and cash flow. The Volvo Group and its business partners are working hard to minimize the number of vehicles affected and the impact on customers by keeping flexibility to be able to increase production when possible."
AGR PNM

Hot Stocks

13:39 EDT Texas PUC meeting canceled after Avangrid, PNM Resources settlement reached - The Public Utility Commission of Texas stated in a filing to the regulator's website that a prehearing conference was held in the case of Avangrid (AGR) and PNM Resources (PNM) on Friday, March 19, 2021. "At that time, the parties announced that they had reached a settlement agreement and were in the process of finalizing documents related to the agreement to file with the Commission... Since the prehearing conference, the decision has been made at the Commission to cancel the hearing on the merits." The administrative law judge in the case ordered that the parties must file the documents related to their agreement by close of business on March 30, 2021, the filing noted. Reference Link
WATT

Hot Stocks

13:02 EDT Energous rallies after executive details RF-wireless charging for drones - Gordon Bell, Vice President of Marketing at Energous, said in a LinkedIn Post: "Leveraging WattUp, each drone nest could include a wireless charging antenna that charges the drone once it lands in its nest. And unlike coil-based antennas that require transmitters and receiver coils to be within a few centimeters of each other for power transfer, a drone nest using Energous' RF-based wireless charging technology wouldn't require the drone to absolutely nail its landing, a very tricky and precise maneuver, especially for a large fleet of commercial drones. Drone nests powered by WattUp RF wireless charging technology would remove the need for the perfect landing and tight alignment that coil-based charging requires, giving commercial drone owners more flexibility and freedom to charge their aerial devices." Shares of Energous are up 20%, or 83c, to $4.93 following the post by Bell. Reference Link
GOLD

Hot Stocks

12:51 EDT Barrick Gold to reprocess ground rock at closed Golden Sunlight mine - Montana Governor Gianforte and Barrick Gold CEO Mark Bristow met at the closed Golden Sunlight mine in Jefferson County to discuss a project that is expected to create 75 or more jobs and "tens of millions of dollars" in tax revenue over the next decade, the company said in a statement. The project involves the reprocessing of ground rock, from which gold was previously extracted in the Golden Sunlight mills. The focus will be on removing and concentrating sulfur that will then be sold to and used in gold production by Nevada Gold Mines. Barrick, which owns Golden Sunlight, is also the majority owner and operator of Nevada Gold Mines. Governor Gianforte said: "It's great to see Barrick's Golden Sunlight mine continue to invest in the community of southwest Montana. This is the type of investment that is possible when state agencies provide a stable, predictable regulatory process that companies can rely on - one that benefits the local environment too."
LTBR

Hot Stocks

12:37 EDT Lightbridge, Framatome announce settlement agreement to dissolve JV - Lightbridge and Framatome announced that they have reached a settlement agreement that dissolves the Enfission joint venture. As per the terms of the agreement, Lightbridge and Framatome are each free to pursue their ongoing technology development without any constraints. Lightbridge has agreed to pay approximately $4.2M, consisting of unpaid invoices and certain other costs incurred by Framatome. Framatome and Lightbridge retain all intellectual property rights to their respective background technology. The agreement resolves all disputes between the companies and terminates all agreements pertaining to the joint venture, the company noted.
TUYA

Hot Stocks

12:00 EDT Tuya falls -13.6% - Tuya is down -13.6%, or -$3.41 to $21.71.
TKC

Hot Stocks

12:00 EDT Turkcell falls -15.5% - Turkcell is down -15.5%, or -85c to $4.64.
RLX

Hot Stocks

12:00 EDT RLX Technology falls -44.6% - RLX Technology is down -44.6%, or -$8.68 to $10.78.
KSU

Hot Stocks

12:00 EDT Kansas City Southern rises 12.4% - Kansas City Southern is up 12.4%, or $27.69 to $251.85.
XYF

Hot Stocks

12:00 EDT X Financial rises 13.9% - X Financial is up 13.9%, or 62c to $5.06.
STON

Hot Stocks

12:00 EDT StoneMor Partners rises 15.8% - StoneMor Partners is up 15.8%, or 43c to $3.15.
BOX

Hot Stocks

11:52 EDT Box jumps 9% to $24.51 following Reuters report of exploring sale
ORI

Hot Stocks

11:46 EDT Old Republic forms Old Republic Inland Marine - Old Republic International Corporation announced that it is forming a new venture to provide commercial Inland Marine insurance solutions. The new company, Old Republic Inland Marine, will focus its operations on specialized Inland Marine products through retail and wholesale distribution channels. The new venture will be led by Matt Bisig as President. ORIM will further expand Old Republic's general insurance and related services business with its customers. Capital requirements will be extended by Old Republic from internally available capital funds and operating infrastructure will be provided by the overall resources of Old Republic's General Insurance Group subsidiaries.
SFM

Hot Stocks

11:03 EDT Sprouts Farmers Market opens Aurora, Colorado distribution center - Sprouts Farmers Market opened a new distribution center in in Aurora, marking its first center in Colorado and its sixth across the country. The 135,000 square-foot facility was built for Sprouts and includes 55 degrees F and 34 degrees F storage and fruit ripening rooms that are ideal for the variety of fresh produce Sprouts offers. The center services 45 of the chain's more than 360 stores, including all locations in Colorado, five stores in Utah, and eight in New Mexico. Sprouts is partnering with Penske Logistics as its third-party logistics provider for the distribution center and dedicated transportation fleet which created 70 new full-time jobs in the market. A seventh distribution center will open in Florida this summer to expand local produce offerings and guarantee freshness across stores in the state.
VIACA

Hot Stocks

10:48 EDT UK's CMA investigates Penguin Random House's acquisition of Simon & Schuster - The Competition and Markets Authority is investigating the anticipated acquisition by Penguin Random House LLC of the Simon & Schuster book publishing business. The deadline for the CMA to announce its decision whether to refer the Merger for a Phase 2 investigation is therefore 19 May 2021. Reference Link
SPN

Hot Stocks

10:20 EDT Superior Energy CEO David Dunlap, CFO Westy Ballard resign - Superior Energy Services announced the resignations of David Dunlap, president and CEO and a member of its board of directors, and Westy Ballard, EVP, CFO and treasurer. Dunlap and Ballard resigned from the Company to pursue other opportunities. Michael McGovern, the chairman of the Company's board of directors, has been appointed executive chairman and assumed the functions of the Company's principal executive officer, and James Spexarth, the Company's chief accounting officer, has been appointed interim CFO. The Company plans to commence an executive search to identify a successor for Mr. Dunlap.
BCOR

Hot Stocks

10:19 EDT Ancora releases Q&As with director candidates for Blucora board - Ancora Holdings, which collectively with the other participants in its solicitation beneficially owns approximately 3.4% of the outstanding common stock of Blucora, sent a letter to stockholders that introduces the candid views of its four director candidates: Frederick DiSanto, Cindy Schulze Flynn, Robert MacKinlay and Kimberly Smith Spacek. As a reminder, Ancora is seeking to elect Mr. DiSanto, Ms. Schulze Flynn, Mr. MacKinlay and Ms. Smith Spacek to Blucora's ten-member Board of Directors at the Company's Annual Meeting of Stockholders on April 21, 2021. Ancora urges Blucora's stockholders and stakeholders to visit www.ABetterBlucora.com to obtain important information, including instructions for how to vote on the WHITE Proxy Card to elect our four-member slate.
NSTG ILMN

Hot Stocks

10:17 EDT NanoString awards Technology Access Program grant with Doloromics - NanoString Technologies (NSTG) announced the company has awarded a Technology Access Program grant with Illumina (ILMN) Accelerator startup, Doloromics, focused on gaining a deeper understanding of chronic pain diseases by spatially characterizing the dorsal root ganglion. NanoString will partner with at least one startup from each global Illumina Accelerator funding cycle for a GeoMx Digital Spatial Profiler Technology Access Program grant. Spatial profiling of the DRG from patient tissues with the Whole Transcriptome Atlas may be highly informative as it would allow a thorough understanding of the transcriptional expression within the DRG and could support discovery and validation of new targets. GeoMx DSP is uniquely positioned to advance this research because it is designed to read-out on Illumina sequencers, leveraging state-of-the-art next generation sequencing and the novel biological insights provided by innovative spatial profiling technology.
SAIA

Hot Stocks

10:14 EDT Saia opens newest terminal in Delaware - Saia announced that Saia LTL Freight's newest terminal near Wilmington, Delaware is now open for business starting today, March 22. The carrier's expansion into the Northeast began in 2017 and has been part of a multi-year plan to offer service in this region to both existing and new customers. With the opening of this new terminal, Saia added several new employees including drivers and dockworkers as well as office, sales, and management personnel. The facility continues to hire team members.
CTIC

Hot Stocks

10:06 EDT CTI BioPharma says pacritinib shows 'encouraging' clinical benefit in Phase 1 - CTI BioPharma announced that Clinical Cancer Research, a journal of the American Association for Cancer Research, has published results from a Phase 1 study led by Joseph Pidala, MD, PhD, and Brian C. Betts, MD, evaluating pacritinib, an investigational oral kinase inhibitor with specificity for JAK2, for the prevention of acute graft-versus-host disease, or GVHD. The results demonstrated that pacritinib, combined with sirolimus and low-dose tacrolimus, has a "promising safety profile" and "exhibits preliminary therapeutic activity" in preventing acute GVHD after allogeneic hematopoietic cell transplantation. The article, titled "Pacritinib Combined with Sirolimus and Low-Dose Tacrolimus for GVHD Prevention after Allogeneic Hematopoietic Cell Transplantation: Preclinical and Phase 1 Trial Results," is available online and the Phase 2 portion of the trial designed to evaluate the therapeutic effect of pacritinib in combination with sirolimus and low-dose tacrolimus for GVHD prevention is ongoing at Moffitt Cancer Center and the Masonic Cancer Center at the University of Minnesota. "This Phase 1 clinical trial is the first study to demonstrate that combining pacritinib, a selective JAK2 inhibitor, with sirolimus-based GVHD prophylaxis may produce lower rates of acute GVHD compared to the reported rates for sirolimus and tacrolimus alone," said Adam. R. Craig, MD, PhD, President and CEO of CTI BioPharma. "We are encouraged by these data and look forward to further evaluating pacritinib in preventing GVHD in the on-going Phase 2 clinical trial and continuing to highlight the potential for the expanded use of pacritinib."
SIFY

Hot Stocks

10:05 EDT Sify Technologies, AMS-IX to open four new internet exchanges in India - AMS-IX and SifyTechnologies announced the expansion of their footprint of internet exchanges in India. The new interconnection hubs are going to be situated in Kolkata, Noida, Hyderabad, and Chennai. With close to half the population that is internet savvy, India is one of the largest and fastest-growing markets for digital consumers and businesses in the world. AMS-IX and Sify "are committed to enhancing the quality of the Internet in India by increasing connectivity through public peering," the companies said. The partnership between AMS-IX and Sify started with the launch of a neutral and independent Internet Exchange in Mumbai. By expanding to the digital hotspots of Kolkata, Noida, Hyderabad, and Chennai, Sify and AMS-IX seek to enhance the quality of network interconnections in these regions as well.
DASH

Hot Stocks

10:03 EDT DoorDash launches on-demand delivery of COVID-19 PCR test collection kits - DoorDash announced that it will begin facilitating same-day delivery of COVID-19 PCR test collection kits across the U.S through partnerships with Vault Health and Everlywell. Consumers will now be able to access two COVID-19 home collection kits that received FDA Emergency Use Authorization via on-demand delivery from DoorDash's DashMart locations across the nation. The Vault Health powered COVID-19 Saliva Test Kit or Everlywell COVID-19 Test Home Collection Kit DTC will be available in 12 DashMart locations across the U.S. including Baltimore, Chicago, Cleveland, Dallas, Denver, Minneapolis, and Phoenix, with more cities rolling out in the coming months. The Vault Health COVID-19 Saliva Test Kit and Everlywell COVID-19 Test Home Collection Kit DTC will be available for same-day delivery through the DoorDash marketplace app. With the addition of mail-in tests for COVID-19 at multiple DashMart locations, consumers are now able to get on-demand access to essential healthcare products. In addition to the DoorDash marketplace app, the Vault Health COVID-19 Saliva Test Kit will be available for same-day delivery in 20 markets including Baltimore, Chicago, Houston, Las Vegas, Phoenix, and San Diego through Vault Health's website powered by DoorDash Drive, DoorDash's white-label fulfillment platform that powers direct delivery for any business. This last-mile fulfilment will allow thousands of patients on the Vault platform to get tested same-day and receive results all within a record time of 48 hours.
BF.A BF.B

Hot Stocks

10:02 EDT Brown-Forman announces planned expansion of Woodford Reserve Distillery - Brown-Forman Corporation announces the planned expansion of the Woodford Reserve Distillery to meet the growing demand for Woodford Reserve. The expansion will double its production capacity, including adding three new iconic copper pot stills. In addition to the three new pots stills, the expansion includes a new building that will house the boiler plant; additional fermentation tanks; a grain unloading area; a barrel unloading/storage area; and a conference and training center for employees. Construction will begin this spring and is expected to be completed in summer 2022. The site, located at McCracken Pike in Woodford County, will be fully operational throughout this period.
AMC

Hot Stocks

10:00 EDT AMC Entertainment falls -8.1% - AMC Entertainment is down -8.1%, or -$1.13 to $12.80.
TKC

Hot Stocks

10:00 EDT Turkcell falls -14.8% - Turkcell is down -14.8%, or -81c to $4.67.
RLX

Hot Stocks

10:00 EDT RLX Technology falls -40.1% - RLX Technology is down -40.1%, or -$7.80 to $11.65.
NM

Hot Stocks

10:00 EDT Navios Maritime rises 16.1% - Navios Maritime is up 16.1%, or $2.02 to $14.55.
CAL

Hot Stocks

10:00 EDT Caleres rises 17.4% - Caleres is up 17.4%, or $3.29 to $22.17.
STON

Hot Stocks

10:00 EDT StoneMor Partners rises 86.6% - StoneMor Partners is up 86.6%, or $2.35 to $5.08.
MSFT

Hot Stocks

09:58 EDT Microsoft announces more workers to return to office starting March 29 - Microsoft is planning to accommodate additional workers in their Redmond, Washington headquarters and nearby campuses. "Since the beginning of the pandemic, our No. 1 priority has been the well-being and safety of our people. We have never stopped monitoring local health data and tracking government requirements to determine when our campuses could safely accommodate additional workers onsite. As some employees return to our global work sites and others prefer or need to work remotely, we are finding additional ways of putting our hybrid workplace into practice," said Kurt DelBene, Microsoft's Executive Vice President. "Taking the example of our Redmond campus, we've been closely monitoring local health data for months and have determined that the campus can safely accommodate more employees on-site while staying aligned to Washington state capacity limits," DelBene added. The shift planned represents a move from Stage 3: Working from home strongly encouraged to Stage 4: soft open of the company's 6 Stage COVID-19 hybrid workplace plan. Reference Link
GEVO ADM

Hot Stocks

09:49 EDT Gevo appoints Paul Bloom as CTO, CIO - Gevo (GEVO) announced that Dr. Paul Bloom has joined Gevo as its chief technology officer and chief innovation officer. Dr. Bloom served the last 20 years in a series of commercial and technical roles at Archer Daniels Midland Company (ADM). Most recently, Dr. Bloom was the VP of Sustainable Materials and was previously the General Manager of Evolution Chemicals.
SM

Hot Stocks

09:47 EDT SM Energy falls -7.2% - SM Energy is down -7.2%, or -$1.33 to $17.03.
TKC

Hot Stocks

09:47 EDT Turkcell falls -15.1% - Turkcell is down -15.1%, or -83c to $4.66.
RLX

Hot Stocks

09:47 EDT RLX Technology falls -36.3% - RLX Technology is down -36.3%, or -$7.06 to $12.40.
KSU

Hot Stocks

09:47 EDT Kansas City Southern rises 14.4% - Kansas City Southern is up 14.4%, or $32.21 to $256.37.
CAL

Hot Stocks

09:47 EDT Caleres rises 16.2% - Caleres is up 16.2%, or $3.05 to $21.93.
STON

Hot Stocks

09:47 EDT StoneMor Partners rises 26.4% - StoneMor Partners is up 26.4%, or 72c to $3.44.
MYSZ

Hot Stocks

09:38 EDT My Size to launch app for Russia's Evropeyskiy Mall - MySize announced the planned launch of their application supported by Evropeyskiy Mall, which the company identifies as "the largest shopping center in Russia." MySize said: "The app will give consumers an ultra streamlined in-person shopping experience, allowing them to virtually obtain fits for apparel at dozens of retailers in the mall, along with seamless cashier-free purchasing via in-app check out."
RGRX

Hot Stocks

09:37 EDT RegeneRx issues update on ARISE-3 trial - RegeneRx Biopharmaceuticals has posted information on its website regarding the estimated timing of the statistical and regulatory plan for its phase 3 dry eye clinical trial. This summary was provided to RegeneRx by GtreeBNT, the operating entity of its U.S. joint venture, ReGenTree LLC and sponsor of the ARISE-3 trial, which was generated at GtreeBNT's shareholder meeting on Friday March 19.
FNWB STL

Hot Stocks

09:32 EDT First Northwest Bancorp to purchase Bellevue, WA branch from Sterling Bank - First Northwest Bancorp (FNWB) announced that First Fed has entered into an agreement with Sterling Bank (STL) and Trust of Southfield, Michigan to purchase its Bellevue, Washington branch, subject to applicable regulatory approvals and other customary closing conditions. The agreement includes the purchase of approximately $77.7M in deposits as of the announcement date and all of SBT's furniture, fixtures, and equipment at this location, as well as assumption of SBT's leasehold obligations relating to the branch. The parties expect to close the transaction by the end of the second quarter of 2021 pending the standard regulatory approval process.
CCL CUK

Hot Stocks

09:32 EDT Carnival's Costa resumes cruises starting from May - Costa Cruises, the Italian company of Carnival, has revised its plans moving its restart to May. The decision has been taken in consideration of the restrictions still in place in Italy and other European countries to contain Covid-19. Such measures do not allow the company to offer the best cruise vacations to its guests, especially for what concerns the experience ashore. In line with the new plan, Costa Smeralda's departure in Italy is planned for May 1st, with an unchanged itinerary, sailing guests to beautiful Italian locations, with 3- and 4-day mini-cruises or alternatively a 7-day cruise, calling at Savona, La Spezia, Civitavecchia, Naples, Messina and Cagliari. From June 12, Costa Smeralda will return to sailing one-week cruises in the western Mediterranean, with visits to Italy (Savona, Civitavecchia and Palermo), France (Marseille) and Spain (Barcelona and Palma de Mallorca). The departure date of Costa Luminosa, the second Costa ship scheduled to resume service, is postponed to May 16 from Trieste, and the following day from Bari, confirming its program of one-week cruises in Greece and Croatia, in accordance with recent roadmap for the resumption of international tourism in Greece. The restart of Costa cruises will continue to be supported by the implementation of the Costa Safety Protocol. The protocol contains operational measures related to all aspects of the cruise experience, both on board and ashore, which were implemented in the past months of cruise operations. Such measures include limited capacity, swab tests for all guests and crew, temperature checks when disembarking and re-embarking the ship, protected shore excursions, physical distancing on board and at the cruise terminals, new ways of using on-board services, enhanced sanitation and medical services, and use of protective face masks when necessary. Furthermore, the company is also working with national and local authorities of the countries included in the itineraries of its ships outside Italy to define the details of the resumption of its cruise operations. As previously announced, all other cruises scheduled until the end of May, and not included in the Costa Smeralda and Costa Luminosa programs updated today, are cancelled. Costa is in the process of informing travel agents and customers affected by changes.
TURN ENZ

Hot Stocks

09:32 EDT 180 Degree Capital issues second open letter to Enzo Biochem shareholders - 180 Degree Capital Corp. (TURN) issued an open letter to the board and shareholders of Enzo Biochem (ENZ). The letter said in part: "This is a highly bothersome and rather disappointing second public letter that I feel we must write to you, the Board of ENZ. While we were mildly supportive of the leadership change that you announced last week, we also knew at the end of the day you would end up playing games. We are appalled by what we believe is a shameful decision by ENZ's Nominating/Governance Committee to not accept the resignation of Dr. Elazar Rabbani from ENZ's Board. You clearly have no respect for the will of your shareholders who are the true owners of this company. You also appear to have no idea of what we believe is your role is as board members and what the word accountability means. We believe that your job as directors of a publicly traded company is to practice proper corporate governance, oversee the company's strategy, and ensure that the management team is creating value for its shareholders. As we noted in our first public letter, and discuss further below, Dr. Rabbani has not generated value for shareholders. In fact, he has destroyed value for shareholders; and yet you chose to look the other way and somehow convince yourselves that he is irreplaceable. I thought the two new board members, Dr. Tagliaferri and Dr. Walters, would provide an objective analysis of the situation. Instead, they appear to have drunk the Kool-Aid and participated in a decision that is akin to giving the middle finger to your shareholders...It is our strong opinion that Dr. Rabbani should not be involved in the selection of ENZ's next CEO."
MRNA

Hot Stocks

09:27 EDT Moderna announces supply agreement with Philippines for 7M vaccine doses - Moderna announced that the Philippines has secured 7 million additional doses of COVID-19 Vaccine Moderna through a new supply agreement, bringing its confirmed order commitment up to 20 million doses. The 7 million additional doses are secured through a partnership with the private sector. The COVID-19 Vaccine Moderna is not currently approved for use in the Philippines, and the Company will work with regulators to pursue necessary approvals prior to distribution. "We appreciate the continued confidence demonstrated by the government of the Philippines through this new agreement, as well as the support of the private sector, resulting in 20 million doses secured for the country," said Stephane Bancel, Chief Executive Officer of Moderna. "This agreement supports the ongoing efforts in the Philippines to secure access to a safe and effective COVID-19 vaccine and reflects Moderna's continued commitment to expanding access to its vaccine around the world." The initial procurement by the Philippines of 13 million doses was announced on March 6, 2021. Under the terms of this agreement, deliveries would begin in mid-2021.
KDP

Hot Stocks

09:23 EDT Keurig Dr Pepper strengthens commitment to water stewardship - In celebration of World Water Day, Keurig Dr Pepper strengthened its commitment to water stewardship across its value chain by joining the new Texas Water Action Collaborative, a coalition of industry, nonprofit and governmental organizations to benefit the quality and volume of water on the Trinity River in Texas, and announcing a new regenerative agriculture goal. As part of its Drink Well. Do Good. corporate responsibility commitments, the company announced a new goal to support regenerative agriculture and conservation on 250,000 acres of land by 2030. Keurig Dr Pepper will partner with key suppliers and farmers to achieve the goal, which represents 50% of the land used to grow the company's top climate-sensitive crops, including coffee, corn and apples. This new goal will accelerate the company's efforts to protect water resources within its supply chain, as regenerative agriculture practices contribute to improved water quality and quantity, while also supporting biodiversity and strengthening farmer economic resilience.
SLGG

Hot Stocks

09:20 EDT Super League Gaming announces $13.6M sale of common stock - Super League Gaming announced the sale of 1,512,499 shares of its common stock at a price of $9.00 per share. Gross proceeds from the offering, before expenses, are expected to be approximately $13.6M. Super League currently intends to use the net proceeds from the offering for working capital and general corporate purposes, including sales and marketing activities, product development and capital expenditures. The transaction is expected to close on or about March 23, 2021, subject to customary closing conditions.
CSSE

Hot Stocks

09:19 EDT Chicken Soup announces expanded distribution rollout of Crackle Plus networks - Chicken Soup for the Soul Entertainment reported that it has increased its distribution of its Crackle Plus AVOD networks to 41 touchpoints, above its prior target, and now is expanding this initiative with plans to reach a total of 64 consumer touchpoints. The Crackle Plus networks, including Crackle and Popcornflix, are available on a variety of platforms and services as both linear and VOD offerings. Crackle Plus networks are always free and offer a wide selection of hit movies, TV series, and original and exclusive programming. Expansion of Crackle Plus's distribution is a key part of the Company's broader marketing strategy to drive more viewers to its original and exclusive content.
RVPH

Hot Stocks

09:17 EDT Reviva Pharmaceuticals expects cash to cover expenses through 2021 - As of December 31, 2020, the Company's cash and cash equivalents totaled approximately $8.8M compared to approximately $193 as of December 31, 2019. Reviva believes that based on the current operating plan and financial resources, the Company's cash and cash equivalents at December 31, 2020 will be sufficient to cover general operating expenses through 2021.
RVPH

Hot Stocks

09:17 EDT Reviva Pharmaceuticals announces 2021 anticipated events, targeted milestones - Anticipated Events and Targeted Milestones for 2021: Meet with the FDA to discuss final study design of the Phase 3; Initiate Phase 3 Double-blind, Placebo-controlled, Multicenter Trial in 360 patients, assuming the Company achieves its fundraising goals; Pursue partnership and financing opportunities for the development of our pipeline; Evaluate grant and other non-dilutive financing opportunities for our product candidates from Federal and State Healthcare Agencies and Foundations.
WIMI

Hot Stocks

09:16 EDT WiMi Hologram Cloud obtains patent for optical holography waveform generator - WiMi Hologram Cloud announced that it has obtained a patent for an optical holography waveform generation device to accelerate the industry-wide application of its 3D holographic pulse LiDAR. The Patent is a result of the WiMi's independent research and development and will allow the company to further improve its intellectual property protection system, solidify its technology leadership, and strengthen its core competitiveness.
CMTL

Hot Stocks

09:16 EDT Comtech awarded follow-on order for more than $1M for military X-band SSPAs - Comtech Telecommunications announced that during its Q3, its subsidiary Comtech Xicom Technology received a contract valued at more than $1M for X-band SSPA/BUCs for transportable military satellite communications ground systems. X-band is set aside for government satellite service, primarily military applications that require low interference, low rain-fade, and small terminal size, even if data rates are limited. One of the major challenges of X-band is that, unlike other satcom bands, the receive band is adjacent to the transmit band, making it critical that any RF leakage be extremely low to avoid interfering with the receive signal. Xicom's X-band amplifiers and BUCs are optimized for this challenging low leakage requirement as well as being high in power density, highly efficient and compact. They are ideal for fixed, transportable, manpack, and mobile military applications, the company said.
KLR V

Hot Stocks

09:16 EDT Kaleyra announces agreement with Visa in Latin America, Caribbean - Kaleyra (KLR) announced a new agreement with Visa (V) in the Latin America and the Caribbean region. As part of the agreement, k-lab, the innovation lab of Kaleyra, will be creating communication solutions for Visa partners, solving digital communication issues that exist across the industry today. These range from streamlining KYC, to timely reminders of reward benefits, and messaging to avoid transaction declines.
FBIO

Hot Stocks

09:15 EDT Fortress Biotech partner Journey Medical in-licenses Accutane for nodular acne - Fortress Biotech announced that Journey Medical in-licensed and launched an oral isotretinoin under the brand name Accutane in the U.S. Accutane is an oral medication that is indicated for the treatment of severe recalcitrant nodular acne. It is only available by prescription at major U.S. retail and specialty pharmacy chains. Claude Maraoui, President and Chief Executive Officer of Journey Medical, stated, "We are proud to add Accutane to our growing portfolio of dermatology products, which also includes Targadox and Ximino. Licensing and launching Accutane allows us to leverage the strength of its brand name with our experienced acne sales team. We are poised for an exciting year as we launch this brand under the Journey Medical umbrella." Acne is one of the most commonly treated disease states in dermatology. Acne is most common among teenagers, though it affects people of all ages. Accutane belongs to a class of drugs that may affect all four major pathogenic processes in acne: increased sebum production, irregular follicular desquamation, propionibacterium acnes proliferation and inflammation. Over 1.8 million prescriptions were written for all isotretinoin products in 2020, according to Symphony Health.
WRTC

Hot Stocks

09:13 EDT Wrap Technologies to present BolaWrap, WRAP Reality at ILEETA conference - Wrap Technologies announced that WRAP Training Academy will be exhibiting at the 2021 ILEETA Expo and demonstrating the BolaWrap and WRAP Reality training platform to law enforcement trainers during the conference. On Tuesday, March 23rd, WRAP Training Academy trainers will offer trainers from law enforcement agencies around the US and internationally the opportunity to deploy and get wrapped by the BolaWrap, as well as experience the WRAP Reality training platform in a private demo room. On Wednesday, March 24th, WRAP Training Academy trainers will be conducting a Train the Trainer Course for trainers from various agencies attending the conference. The Train the Trainer will certify the participants as BolaWrap Instructors and enable them to train line level officers at their respective agencies.
LHX LMT

Hot Stocks

09:12 EDT L3Harris Technologies to provide electronic warfare system for F-16 aircraft - L3Harris Technologies (LHX) has been awarded a contract from Lockheed Martin (LMT) for development of a new advanced electronic warfare system to protect the international F-16 multirole fighter aircraft against emerging radar and electronic threats. L3Harris designed Viper Shield to provide U.S. and global coalition partners with cutting-edge countermeasures against sophisticated, ever-changing threats. The baseline version is integrated into the aircraft fuselage, saving space for additional capability such as a fuel pod that could be attached externally to increase mission range.
FTNT

Hot Stocks

09:12 EDT Linksys and Fortinet in pact for security for work from home networks - Linksys and Fortinet announced a strategic alliance with the intent to further secure and optimize the performance and management of home networks in today's work from home environment.Together, Fortinet, Linksys, and FIT will offer enterprise-grade connectivity and security and unparalleled quality of service to organizations that need to provide seamless and secure connectivity for their employees to efficiently work from home. As part of the alliance, Fortinet has made a strategic investment of $75M in Linksys, which provides leading and next-generation router connectivity solutions to consumers and businesses worldwide. In addition, Fortinet will appoint a representative to the Linksys Board of Directors.
INMB

Hot Stocks

09:09 EDT INmune Bio announces presentations on NK cells at medical meetings - INmune Bio announced that Professor Mark Lowdell, PhD, CSO of INmune Bio, will deliver presentations at two upcoming medical meetings. Event details: Innate Killer Digital Summit 2021, March 23-25. Title: Exploring the Network of Cellular Interactions of NK Cells in the Tumor Microenvironment: In this presentation, Dr. Lowdell will discuss the company's latest data and the discovery of a new mechanism of action of its NK-priming immunotherapy, "INKmune". INKmune is a clinical stage proprietary tumor cell line which is administered intravenously and primes NK cells to kill otherwise resistant tumors. INKmune-primed NK cells have been shown to kill a wide variety of solid and hematological cancer cells in preclinical studies. Use of two of the latest state-of-the-art cell:cell analysis technologies has demonstrated that INKmune increases NK cell killing of tumor cells by strengthening the binding of the NK to the tumor cell; the avidity. Our preclinical studies show that the robust immune synapse created by INKmune priming is greater than that induced by conventional cytokine activation and allows more rapid NK-mediated killing which was confirmed by videomicrography. These INKmune-primed NK cells are not only more efficient killers of tumor cells but are able to overcome inhibition by regulatory cells and hypoxia in the tumor microenvironment. Festival of Biologics USA: World Immunotherapy Congress 2021, March 29-April 1. Session: Cell and Gene Therapy. Title: Enhancing the Cellular Interactions Between NK Cells and Tumor Cells: This second presentation will focus on the immunobiology of the NK:tumor immune synapse and the impact of tumor cell susceptibility to NK killing on NK exhaustion and the ability to lyse multiple target cells.
AVCO

Hot Stocks

09:07 EDT Avalon GloboCare expands development program with MIT to fight cancer metastasis - Avalon GloboCare announces the expansion of its co-development research program with the Massachusetts Institute of Technology to apply two leading technologies-CRISPR-based genome editing and QTY protein design-to potentially treat and prevent cancer metastasis. Metastasis-the spreading of cancer cells from the initial tumor site to surrounding tissues and distant organs-is responsible for the vast majority of cancer deaths. In an ongoing co-development research program, Avalon and the laboratory of Dr. Shuguang Zhang at MIT's Media Lab have developed a novel approach to potentially block the signals that cancer cells require to metastasize in order to prevent cancer spread and death. Cancer cells mobilize and travel to other organs using the chemokine signaling network, made up of chemokine receptors on the surface of healthy cells and soluble ligands that bind these receptors. Dr. Zhang's MIT laboratory is applying their novel QTY protein code technology to design truncated versions of receptors that can act as decoys, attracting cancer cells and preventing them from spreading to other organs. Avalon and MIT researchers are also working on a second approach-combining the QTY technology with the CRISPR-Cas9 gene editing system to re-program cell types that typically stimulate nearby cancer cells to spread, thereby deterring cancer metastasis.
VPRX

Hot Stocks

09:07 EDT Virpax to initiate IND enabling studies for Probudur for postoperative pain - Virpax Pharmaceuticals announced that preclinical studies of Probudur, a proprietary patented injectable, long-acting "local anesthetic" Liposomal Gel Technology for postoperative pain management, have been initiated under an agreement with Charles River Laboratories. Under the terms of the agreement, Charles River Laboratories will perform seven preclinical animal studies including method, dosage, and toxicity as part of the required U.S. Food and Drug Administration enabling trials for an Investigational New Drug Application for Probudur. Anthony Mack, Chairman & CEO of Virpax stated, "We now have three product candidates in preclinical IND enabling studies. As anticipated, our pipeline is moving forward and we are confident that we will be able to engage in our first-in-human trials in the near future."
IBRX

Hot Stocks

09:07 EDT ImmunityBio announces preclinical data on efficacy of PD-L1 t-haNK therapy - ImmunityBio announced the publication of preclinical data in the Journal for ImmunoTherapy of Cancer highlighting efficacy of ImmunityBio's PD-L1 t-haNK natural killer cell-based therapy in combination with T cell-based immunotherapy against heterogeneous tumors. ImmunityBio's novel PD-L1 t-haNKs are derived from a human, allogeneic NK cell line that has been engineered to express IL-2, CD16, and a chimeric antigen receptor that recognizes PD-L1. Human solid tumors are made of multiple clones of tumor cells, some of which harbor genomic alterations that make them invisible to T cells. These resistant clones accomplish this "cloaking ability" by preventing the presentation of the tumor antigens on MHC-I receptors, thus "hiding" from killer T cells. For these patients, maximum activation of T cells with immunotherapy is unlikely to lead to durable tumor control or a cure. However, when NK cells are activated, tumor recognition and targeting is restored. The study shows that when subpopulations of tumors cells escape T cell detection or killing, they upregulate PD-L1 in the process because of interferon in the tumor microenvironment. This increase in tumor cell PD-L1 expression sensitizes them to killing by PD-L1 t-haNKs. The publication by first author Maxwell Lee et al., "Chimeric antigen receptor engineered NK cellular immunotherapy overcomes the selection of T cell escape variant cancer cells," describes the development of preclinical models with heterogenous cancers containing T cell escape variant tumor cells. T cell-based immunotherapy administered in these preclinical models resulted in IFNgamma production that in turn upregulated PD-L1 expression in T cell escape variants. Subsequent administration of irradiated PD-L1 t-haNKs targeted and eliminated the tumor cell populations that had evolved to be resistant to T-cell immunotherapy alone, resulting in synergistic anti-tumor activity.
MKGI

Hot Stocks

09:06 EDT Monaker Group launches NextTrip Journeys, Nexttripcruise.com - Monaker Group announced the launch of NextTrip Journeys, its consumer travel division, and as part of it with the launch of www.nexttripcruise.com - an online cruise portal where guests can book directly, find inspiring cruise itineraries and work with the company's Personal Journeys Consultants to create a customized vacation. This launch brings with it the transformation of Maupintour into NextTrip Journeys. Further innovation of the NextTrip Journeys brand in 2021 will include the addition of Luxury travel in late second quarter that will cater to clientele seeking private air, yacht charters and private island adventures.
AESE BALY

Hot Stocks

09:05 EDT Allied Esports, Element Partners report revised stock purchase agreement - Allied Esports Entertainment (AESE) announced that it has entered into a revised stock purchase agreement with Element Partners to sell all of the outstanding capital stock of each of the legal entities that collectively operate or engage in the company's poker-related business and assets. The revised stock purchase agreement: increases the overall purchase price from $68.25 million at closing and $10 million guaranteed revenue share payments paid over three years after closing, to $90.5 million, all payable at closing; increases the initial deposit of the purchase price from $4.0 million to $10.0 million; increases the termination fee payable to Element if AESE accepts a competing acquisition proposal, or consummates an acquisition proposal within 12 months after termination of the revised stock purchase agreement, from $3.0 million to $3.45 million; extends the date on which AESE and its subsidiary, Allied Esports Media, Inc., or Element may terminate the revised stock purchase agreement if any conditions to the closing have not been satisfied from March 31, 2021 to September 30, 2021; and increases Element's non-performance fee from $3.0 million to $10.0 million, and eliminates the ability of Element to terminate the revised stock purchase agreement prior to the Outside Date by paying the non-performance fee. The Company's Board of Directors unanimously approved the revised stock purchase agreement. In connection with approval of the revised stock purchase agreement, the Company's Board of Directors, in consultation with its financial and legal advisors, compared the terms of the revised stock purchase agreement to the terms of the proposal received from Bally's Corporation (BALY) to acquire the WPT Business for $90.0 million. After such review, the Board of Directors determined that the Bally's proposal did not constitute a "Superior Proposal." The transaction is expected to close in late April 2021, assuming the Company's shareholders approve the transaction and following required regulatory approvals and other customary closing conditions.
GLDD

Hot Stocks

09:04 EDT Great Lakes Dredge announces receipt of $90.3M in awarded work - Great Lakes Dredge & Dock announced the receipt of several major dredging awards totaling $90.3M.The awarded work includes: Boston Harbor Navigation Improvement Project-Phase 3, Capital, Massachusetts, $61.8M. Rehabilitation Effort for the Panama City Beaches Coastal Storm Risk Management Project, Coastal Protection, Florida, $28.5M. The Boston Harbor Navigation Improvement Project- Phase 3 work will provide navigational improvements that will allow larger tankers to access the various terminals and reduce transportation costs. Boston Harbor is New England's largest port serving as the principal distribution point for the export and import of commerce for Massachusetts, New Hampshire and Vermont. This final phase of the Boston harbor deepening project involves the excavation of hard rock and will greatly improve navigational access to Boston's shipping terminals. The client on this project is the U.S. Army Corps of Engineers, New England District, and the project is federally funded. The drilling, blasting and dredging work is expected to commence in the second quarter of 2021 with anticipated completion by the end of the year.
ALK

Hot Stocks

09:04 EDT Alaska Airlines names Constance von Muehlen as COO - Alaska Air Group announced the appointment of Constance von Muehlen as COO of Alaska Airlines, effective April 3. Upon assuming this role, von Muehlen will join Alaska's Executive Committee and report to Ben Minicucci, who becomes CEO on March 31. She succeeds current COO, Gary Beck, who has announced his retirement following an impressive 47-year career in aviation. Most recently, von Muehlen served as senior vice president of maintenance and engineering where she led all safety, compliance and operational performance of the airline's mainline Boeing and Airbus fleet. Prior to that, von Muehlen served as Horizon Air's chief operating officer, where she oversaw the customer service, inflight, pilot, maintenance and system operations control teams.
TRNF

Hot Stocks

09:04 EDT Taronis Fuels shareholders look to 'dispel certain falsehoods' by board - Thomas Wetherald and Tobias Welo, who owned more than 16.2% of the outstanding shares before the Board of Directors' recent defensive and dilutive entrenchment maneuvers, announced that they have sent a letter to the shareholders of Taronis Fuels setting the record straight regarding their consent solicitation and the opportunity it presents the long suffering shareholders of Taronis to upgrade its board. The letter read in part, "he Concerned Shareholders are writing this letter and sending you this WHITE consent card to provide further insights into the reasoning and motivation behind our consent solicitation and to dispel certain falsehoods put forth by the incumbent Board of Directors. If you have returned a green revocation form, you have every right to change your vote and consent by returning the enclosed WHITE consent card. Returning the green revocation card will cancel your consent on the WHITE card. We would like to start by addressing continued statements by the incumbent Board that we are trying to "seize" the Company "without paying a premium". This is a patently ridiculous claim for a variety of reasons. First, to be clear, Mr. Wetherald and Mr. Welo are not acquiring the Company through this consent solicitation process. In fact, no equity ownership will change hands. We are simply seeking to replace the current ineffective board with what we believe is a highly qualified board that will produce superior results for shareholders. Second, and equally important, the goal here is not to take over this Company for our personal benefit. In fact, the entire reason for initiating the consent solicitation process is to do just the opposite. In contrast to the Concerned Shareholders, who purchased their significant ownership stake in Taronis Fuels for $7.50 per share, the incumbent directors have instead extracted tremendous cash from Taronis Fuels for their own benefit, while historically refusing to take equity as compensation. The incumbent Board has acted as if Taronis Fuels is their own personal fiefdom, with an utter disregard for all other shareholders. In essence, these men have "seized" a meaningful portion of the Company's cash, despite having very little stock ownership, let alone paying a premium for any shares. Our success and personal benefit will be fully aligned with every other equity owner."
CONE

Hot Stocks

09:03 EDT CyrusOne announces second net-positive water data center - CyrusOne announces its second net-positive water data center at the Company's Carrollton, TX location. The Carrollton data center is the single largest CyrusOne data center in the United States and is located in a high-water stress region as designated by the World Resources Institute.
WIFI

Hot Stocks

09:03 EDT Boingo Wireless selected to bring instant-on Wi-Fi to Foulger-Pratt properties - Boingo Wireless has been selected by Foulger-Pratt, a real estate investment and development firm, to launch managed Wi-Fi services at three luxury multifamily properties in Washington, D.C. Boingo managed wireless networks will bring residents at Beckert's Park, ONE501 and Press House fast, instant connectivity inside apartments and throughout all common areas, the company said in a statement.
QLYS

Hot Stocks

09:01 EDT Qualys announces resignation of CEO Philippe Courtot due to health reasons - Qualys announced that Philippe Courtot, chairman of the board and CEO, has resigned from his role as CEO for health reasons. On February 7, Courtot took a leave of absence due to health issues unrelated to COVID-19. At this time, Sumedh Thakar, Qualys' president and chief product officer, was named interim CEO and principal executive officer and appointed to the Board. Thakar remains in those positions following this announcement. Courtot will remain a director until his current term expires at the Qualys' 2021 annual meeting of stockholders and will not stand for re-election. Thakar will continue to serve on the Board as a Class III director until Qualys' 2021 annual meeting of stockholders, or until his successor is duly elected and qualified.
CSII

Hot Stocks

09:01 EDT Cardiovascular Systems acquires peripheral support catheters from WavePoint - Cardiovascular Systems announced that it has acquired a line of peripheral support catheters from WavePoint Medical, LLC. In addition, as part of this transaction, WavePoint will also develop a portfolio of specialty catheters used in the treatment of chronic total occlusions and complex percutaneous coronary intervention procedures for CSI. Commercial availability of these specialty catheters is anticipated in CSI's fiscal year ending June 30, 2023. Scott R. Ward, Chairman, President and CEO of CSI, said, "With the acquisition of these peripheral support catheters, CSI will soon offer a complete portfolio of products for the treatment of peripheral artery disease, including atherectomy, balloon catheters, guidewires, support catheters and embolic protection. In coronary, the successful development of a portfolio of CTO products will expand our existing offering of coronary support products. Together, these new products advance our ability to help physicians improve outcomes for patients undergoing complex peripheral and coronary interventions."
TNYBF

Hot Stocks

08:56 EDT Tinley says first series of third-party brands ship from Long Beach facility - The Tinley Beverage Company is pleased to announce that the first series of third-party products have been manufactured and shipped from the Company's facility in Long Beach, California. The Company is also delighted to announce that Good Stuff Beverage, a California cannabis and CBD beverage brand, will move production of its assortment of natural tonics to Tinley's facility.
AIM

Hot Stocks

08:52 EDT AIM ImmunoTech adds single-agent Ampligen arm to ongoing Phase 1/2a study - AIM ImmunoTech announced that the Institutional Review Board of Roswell Park Comprehensive Cancer Center has approved a protocol amendment to Roswell Park's ongoing Phase 1/2a study evaluating the two-drug combination of AIM's Ampligen and interferon alpha-2b as a potential early-onset treatment for patients with cancer and mild-to-moderate COVID-19. The IRB-approved amendment calls for randomization of an additional twenty patients. Ten of these patients will receive a single dose of Ampligen, but no interferon treatment, and the other ten will receive best available care only. Ampligen alone has a generally well-tolerated safety profile with lower risk of adverse events than is generally expected with interferon therapy. AIM previously announced in November 2020 that the first patient had been enrolled and received treatment in Roswell Park's study. Funding for the clinical trial is provided, in part, through grants from the National Cancer Institute and AIM, as well as institutional support from Roswell Park.
BAM ACDVF

Hot Stocks

08:51 EDT Brookfield appoints Calin Rovinescu as senior advisor - Brookfield Asset Management (BAM) announced the appointment of Calin Rovinescu as a Senior Advisor within its global private equity group. Rovinescu is a seasoned global executive, most recently serving as President and CEO of Air Canada (ACDVF) before retiring in February 2021. As Senior Advisor, Mr. Rovinescu will actively support Brookfield's private equity group, and Brookfield more broadly, in sourcing and executing on attractive global investment opportunities, with a particular focus on the aviation and aerospace sectors, and implementing operations-oriented value creation opportunities across its portfolio companies.
RLX

Hot Stocks

08:51 EDT RLX Technology plunges after China said to announce tighter e-cig rules - Shares of RLX Technology are down $6.56, or 34%, to $12.90 in pre-market trading, which is being attributed to an announcement from a Chinese regulator regarding stricter standards in the country for electronic cigarettes. According to Bloomberg, China's Ministry of Industry and Technology announced that tightened regulations for the traditional cigarette industry will also be applicable to the e-cigarette sector. The ministry will seek public feedback on the measures, which aim to regulate production and marketing and prevent false advertising and quality issues, until April 22, Bloomberg said.
AMAT

Hot Stocks

08:50 EDT Applied Materials board approves $7.5B stock buyback authorization - The Applied Materials Board of Directors has approved a new $7.5B stock buyback authorization, supplementing the previous authorization which has approximately $1.3B remaining. Additional information about Applied's capital allocation plans will be shared at the company's upcoming Investor Meeting.
AMAT KKR

Hot Stocks

08:49 EDT Applied Materials: Kokusai share purchase agreement may have terminated - Applied Materials (AMAT) announced that the amended Kokusai Electric Corporation share purchase agreement with KKR HKE Investment (KKR) may have terminated in accordance with its terms on March 19, 2021 after the parties were unable to confirm timely regulatory approval in China. If Applied does not receive confirmation of timely approval prior to the March 26, 2021 deadline for payment of the termination fee, Applied will treat the agreement as terminated and pay KKR a termination fee of $154M in cash.
PPL EXC

Hot Stocks

08:47 EDT PPL Corp. names Wendy Stark as general counsel - PPL Corporation (PPL) announced that its Board of Directors has appointed Wendy Stark senior vice president, general counsel and corporate secretary. Stark will replace Joanne Raphael effective April 12, at which time Raphael will become executive vice president and chief legal officer until she retires on June 1. From 2016 to 2021, Stark led the legal and regulatory affairs departments of Pepco Holdings, a subsidiary of Exelon (EXC), overseeing all legal matters and regulatory strategy for several electric and gas utilities in multiple jurisdictions. From 2012 to 2016, she served as Pepco's deputy general counsel.
TDAC

Hot Stocks

08:44 EDT Lottery.com to acquire JeugaLotto, Aganar, terms not disclosed - Lottery.com has entered into a binding agreement to acquire Mexican lottery companies JuegaLotto and Aganar to expand its operations to Mexico and throughout Latin America. JuegaLotto is federally licensed to sell international lottery games in Mexico through an authorized federal gaming portal and is licensed for games of chance in other countries throughout Latin America. Aganar is licensed to sell Mexican National Lottery draw games, instant win tickets, and other games of chance online with access to a federally approved online casino and sportsbook gaming license. The closing of the acquisitions is subject to standard closing conditions. The deals highlight Lottery.com's recent efforts to increase its international expansion and presence, and the combined entities have a federal license which allows them to provide official Pronosticos National Lottery games throughout Mexico. Together they have attracted 136,000 new players in the past 12 months. Furthermore, these acquisitions represent the very early stages of Lottery.com's long term strategy to enter into additional international markets, both through partnerships and M&A. On February 22, 2021, the Company entered into a definitive agreement with Trident Acquisitions Corp. to become a publicly traded company on The Nasdaq Stock Market. In anticipation of Lottery.com completing both of the JuegaLotto and Aganar acquisitions before its business combination with Trident, the business combination investor presentation was delayed to allow the inclusion of these potential assets and was filed by Trident on a Current Report on Form 8-K with the U.S. Securities and Exchange Commission.
DYAI

Hot Stocks

08:43 EDT Dyadic and Medytox to develop vaccines against COVID-19 variants - Dyadic International announced that the Company is expanding its partnership with South Korea's Medytox. Dyadic and Medytox will co-develop C1 manufactured COVID-19 vaccines and/or boosters, which will, if successful, be used to immunize people against two or more of the current and future COVID-19 variants. This project can provide dedicated local supply, to help combat COVID-19, in this region of the world.
ISUN

Hot Stocks

08:43 EDT iSun awarded $25M contract to provide products for solar plus storage projects - iSun announced that it has been selected to provide its innovative solar products and services for phase one of one of the nation's largest solar plus storage microgrid projects underway in Jackson, Tennessee. Phase one of the multi-phase project led by industry pioneer Northern Reliability is the vision of Community Development Enterprises whose mission is to provide green energy solutions and economic relief to cities across the United States that have been hit with natural disasters and economic challenges over the past decade. Under the agreement, iSun will provide Engineering Procurement and Construction services for the 16MW ground mount solar energy infrastructure. iSun's estimated contract value is approximately $25M with installations beginning in late-summer 2021.
VTGN

Hot Stocks

08:42 EDT VistaGen Therapeutics announces data highlighting MOA of PH94B nasal spray - VistaGen Therapeutics announced that data highlighting the proposed mechanism of action of its Phase 3 investigational drug candidate, PH94B nasal spray, were recently presented in a poster session at the Anxiety and Depression Association of America's 2021 Virtual Annual Conference. PH94B is designed with potential to provide rapid-onset acute treatment of anxiety for millions of individuals suffering from social anxiety disorder without directly activating gamma-amino butyric acid receptors. PH94B's MOA is, therefore, fundamentally differentiated from the MOA of benzodiazepines such as alprazolam, diazepam and lorazepam, which are direct GABA-A receptor positive modulators. Among VistaGen's core goals is for PH94B to displace these and other widely-used but highly-addictive benzodiazepines in the acute treatment paradigm for SAD and other anxiety disorders and phobias. PH94B is an investigational odorless pherine nasal spray entering Phase 3 clinical development in the U.S. for the acute treatment of anxiety in adults with SAD, the third most common mental health disorder among Americans, affecting approximately 20 million individuals. PH94B also has therapeutic potential in a wide range of additional anxiety disorders and phobias. Self-administered in microgram-level doses, in Phase 2 clinical studies, PH94B produced rapid-onset anti-anxiety effects within approximately 15 minutes, without the troubling side effects associated with benzodiazepines. To help differentiate PH94B's mechanism of action from that of benzodiazepines, VistaGen studied whether PH94B had positive modulatory effects on GABA receptors. Key results in the recent ADAA poster presentation include the following: PH94B had no significant effect on GABA potentiation at doses up to 10 micromolar, compared to the 300 percent potentiation induced by diazepam, a commonly-prescribed benzodiazepine. The concentration of PH94B that gives the half-maximal response could not be calculated for PH94B, whereas diazepam's half-maximal response was 72 nanomolar. PH94B had no agonist or antagonist effects on GABA receptors compared to the effect of GABA and bicuculline, respectively.
SAR

Hot Stocks

08:41 EDT Saratoga Investment boosts dividend to 23c per share - Saratoga Investment announced that its Board of Directors has declared a quarterly dividend of 43c per share for the fiscal quarter ended February 28, payable on April 22, to all stockholders of record at the close of business on April 8. This is an increase of 1c per share from last quarter. "We are very pleased that our strong track record, healthy credit profile, robust deal pipeline, and ongoing asset growth continue to generate strong financial performance in support of a program of paying and increasing quarterly dividends," said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. "Our dividend strategy is consistent with our overall approach to managing risk conservatively, while pursuing long-term growth and credit quality."
SAR

Hot Stocks

08:41 EDT Saratoga Investment boosts dividend to 23c per share - Saratoga Investment announced that its Board of Directors has declared a quarterly dividend of 43c per share for the fiscal quarter ended February 28, payable on April 22, to all stockholders of record at the close of business on April 8. This is an increase of 1c per share from last quarter. "We are very pleased that our strong track record, healthy credit profile, robust deal pipeline, and ongoing asset growth continue to generate strong financial performance in support of a program of paying and increasing quarterly dividends," said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. "Our dividend strategy is consistent with our overall approach to managing risk conservatively, while pursuing long-term growth and credit quality."
KKR

Hot Stocks

08:40 EDT KKR announces intra-quarter monetization activity for Q1 - KKR announced a monetization activity update for the period from January 1, 2021 through March 22, 2021. Based on information available to us as of today, with respect to the period through March 22, 2021, KKR has earned gross realized carried interest and total realized investment income of approximately $600M. This is driven primarily by strategic and secondary sale transactions that have closed quarter to-date, as well as dividend and interest income from KKR's balance sheet portfolio.
SAR

Hot Stocks

08:40 EDT Saratoga Investment boosts dividend to 23c per share - Saratoga Investment announced that its Board of Directors has declared a quarterly dividend of 43c per share for the fiscal quarter ended February 28, payable on April 22, to all stockholders of record at the close of business on April 8. This is an increase of 1c per share from last quarter. "We are very pleased that our strong track record, healthy credit profile, robust deal pipeline, and ongoing asset growth continue to generate strong financial performance in support of a program of paying and increasing quarterly dividends," said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. "Our dividend strategy is consistent with our overall approach to managing risk conservatively, while pursuing long-term growth and credit quality."
ECL

Hot Stocks

08:39 EDT Ecolab releases enhanced Smart Water Navigator - Ecolab launched an enhanced version of its Smart Water Navigator. The free online tool helps businesses understand the value of water in their operations and take action to achieve corporate water goals. This enhanced tool comes at a time when rising industrial water use continues to contribute to the world's growing water stress and scarcity challenges. According to the World Resources Institute, the world will experience a 56% freshwater shortfall by 2030 if nothing changes, an increase from the 40% shortfall projected by the U.N. in 2015.
ACER

Hot Stocks

08:38 EDT Acer Therapeutics and Relief in pact and licensing agreement for ACER-001 - Relief"and Acer Therapeutics announced that the companies entered into a Collaboration and License Agreement for worldwide development and commercialization of ACER-001. ACER-001 is a proprietary powder formulation of sodium phenylbutyrate designed to be both taste-masked and immediate release. Under the terms of the CLA, Acer will receive an approximately $10 million cash payment within 15 business days of CLA execution (originally $14 million, to be offset by repayment of the $4.0 million outstanding balance of the prior loan, plus interest, from Relief to Acer). Relief will also pay Acer up to $20 million in U.S. development and commercial launch costs for the UCDs and MSUD indications. Acer will retain development and commercialization rights in the U.S., Canada, Brazil, Turkey, and Japan. The companies will split net profits from Acer's territories 60%:40% in favor of Relief. In addition, Relief has licensed the rights for the rest of the world, where Acer will receive from Relief a 15% royalty on all revenues received in Relief's territories. Acer may also receive a total of $6 million in development milestone payments following the first European marketing approvals for UCDs and MSUD. Jack Weinstein, Chief Financial Officer and Treasurer of Relief, said, "We are excited to continue moving forward with the Acer team to develop and commercialize ACER-001 around the globe to address important unmet needs for patients suffering from these rare diseases. This collaboration is an important step in Relief's plan to build a diversified late-stage pipeline beyond our lead candidate, RLF-100, which is currently in development for the treatment of respiratory illnesses due to COVID-19 infection. We are pleased to have been able to conclude this agreement, as the advanced stage of development and market opportunity with ACER-001 make this compound a perfect fit for Relief's strategy."
AGLE

Hot Stocks

08:36 EDT Aeglea BioTherapeutics, Immedica announce license pact for pegzilarginase - Aeglea BioTherapeutics and Immedica Pharma AB announced the license and supply agreement for pegzilarginase, a novel, recombinant human arginase 1 enzyme that has been shown to lower toxic levels of the amino acid arginine in patients with Arginase 1 Deficiency. People living with ARG1-D, a rare, progressive disease characterized by high levels of arginine, may experience severe spasticity-related mobility limitations, seizures, developmental delay, intellectual disability and early mortality. Under the terms of the agreement, Immedica will make an upfront payment of $21.5M to Aeglea. Additionally, Aeglea will be eligible to receive up to approximately $130M in regulatory and commercial milestones as well as mid-twenties percentage royalties on net sales. Immedica receives commercialization rights in Europe and several Middle East countries. Aeglea will continue to be responsible for certain clinical development activities and the manufacturing of pegzilarginase, and retains commercialization rights in the U.S. and rest of the world.
OXSQ

Hot Stocks

08:36 EDT Oxford Square Capital reports NAV of $4.55 as of Dec. 31 - As of December 31, 2020, net asset value per share was $4.55, compared with the NAV per share of $3.85 at the prior quarter end.
MDT

Hot Stocks

08:34 EDT Medtronic receives CE Mark approval for SenSight directional lead system - Medtronic announced the CE Mark for the SenSight directional lead system for Deep Brain Stimulation therapy as treatment of symptoms associated with movement disorders and epilepsy. DBS is a therapy in which a small pacemaker-like device sends electrical signals through very thin wires, known as "leads," to a targeted area in the brain related to symptoms. The SenSight directional DBS lead system works seamlessly with certain Medtronic neurostimulators, including the recently-approved Percept PC neurostimulator. This system will enhance detection of local field potentials and offers directional stimulation to provide individualized and patient-specific data plus additional programming features to tailor therapy for patients.
AEGN

Hot Stocks

08:34 EDT Aegion: Third-party proposal could be expected to result in superior proposal - Aegion Corporation announced that its Board of Directors has determined, after consultation with its outside legal and financial advisors, that an unsolicited, non-binding proposal received from a third party could reasonably be expected to result in a "Superior Proposal" as defined in Aegion's merger agreement, as amended, with affiliates of New Mountain Capital. Under the terms of the Third-Party Proposal, the Third Party would acquire all outstanding shares of Aegion common stock for $28.50 per share in cash. The Third-Party Proposal, at this point, is non-binding and subject to diligence to be conducted, among other things. As a result of the Board's determination, the Company plans to enter into a confidentiality agreement and engage in diligence activities and discussions with the Third Party. Aegion previously announced on March 15, 2021, that it had entered into an amended merger agreement with New Mountain to acquire all outstanding shares of Aegion common stock for $27.00 per share in cash, in a transaction valued at approximately $995 million. Aegion remains subject to the New Mountain Merger Agreement. There can be no assurance that the discussions with the Third Party will result in the Aegion Board's determination that the Third-Party Proposal is in fact a Superior Proposal or the consummation of a transaction that is superior to the pending transaction with New Mountain. Further, there can be no assurance that the terms of any new transaction will be the same as those reflected in the Third-Party Proposal.
LNTH

Hot Stocks

08:33 EDT Lantheus announces presentation featuring Azedra at ENDO 2021 - Lantheus Holdings announced that updated biochemical tumor marker data from its pivotal Phase 2 trial of AZEDRA were presented at the Endocrine Society's 2021 Annual Meeting, ENDO 2021. "AZEDRA yielded reductions in hypersecreted tumor biomarkers in a majority of patients in this pivotal study of advanced pheochromocytoma and paraganglioma," said Dr. Jimenez. "In addition, the overall tumor biomarker response correlated significantly with both the primary and secondary endpoint responses in the study, underscoring the clinical utility and relevance of this important biochemical endpoint to the therapeutic benefit of AZEDRA in patients with these life-threatening tumors."
AME

Hot Stocks

08:32 EDT Ametek to acquire Abaco Systems from Veritas Capital for $1.35B in cash - Ametek announced that it has entered into a definitive agreement to acquire Abaco Systems, a provider of mission critical embedded computing systems, from Veritas Capital in an all-cash transaction valued at $1.35B. Abaco Systems specializes in open-architecture computing and electronic systems for aerospace, defense, and specialized industrial markets. Their ruggedized products are designed to withstand harsh operating environments such as extreme temperature and high vibration. Abaco Systems has annual sales of approximately $325M and is headquartered in Huntsville, Alabama. The transaction is subject to customary closing conditions, including applicable regulatory approvals, and is expected to close mid-2021. Upon closing, Abaco Systems will join Ametek as part of its Electronic Instruments Group.
MYE

Hot Stocks

08:32 EDT Myers Industries announces price increases of 9%-12% effective April 1 - Myers Industries announced additional price increases ranging between 9%-12% effective April 1. The increases will be implemented across most of the company's portfolio of products in the Material Handling Segment, including those sold by Akro-Mils, Ameri-Kart, Buckhorn, Elkhart Plastics, Jamco Products, and Scepter. The price increases are in response to continued increases in raw material costs, primarily resin and steel. The company previously announced an 8% price increase effective March 1.
CKH

Hot Stocks

08:32 EDT American Industrial Partners extends tender offer for Seacor shares - American Industrial Partners and its affiliate, Safari Merger Subsidiary, announced that Purchaser's tender offer for shares of SEACOR Holdings has achieved 54.5% of the outstanding shares tendered, and Purchaser has extended the expiration date until 5:00 p.m. Eastern Time on Friday, March 26, 2021. The Merger Agreement requires that a minimum of 66 2/3% of the outstanding shares be tendered, and the extension is to allow additional time to meet this minimum tender condition. Purchaser is ready to close the transaction and, assuming that 66 2/3% of outstanding shares are tendered, expects that closing and payment for the shares will occur promptly after the new expiration. The 54.5% of the outstanding shares tendered is a significant increase from the 38% tendered the prior week. Jason Perri, a Partner at American Industrial Partners, commented "It's clear that a majority of stockholders support this transaction, and we think we have good momentum to finally get to a closing." American Stock Transfer & Trust Company, LLC, the depository for the tender offer, has indicated that, as of the prior expiration time, a total of approximately 11,389,689 shares, representing approximately 54.5% of the outstanding shares, had been validly tendered. The amount tendered includes approximately 480,639 shares delivered pursuant to guaranteed delivery procedures.
EMN

Hot Stocks

08:31 EDT Eastman Chemical announces investment to upgrade, expand extrusion capabilities - Eastman Chemical announced it is making an investment to upgrade and expand its extrusion capabilities for production of interlayers product lines at its Springfield, Massachusetts, manufacturing facility. The investment will strengthen Eastman's supply capability to respond to regional and global demand for Saflex polyvinyl butyral products in the automotive and architectural markets and enhance facility capabilities to enable production of specialty architecture and automotive PVB products, including thicker gauges and advanced tri-layers formulations such as Saflex acoustic interlayer products. The project is expected to be complete in the fourth quarter of 2021. "We are committed to supporting the growing global demand for specialty interlayers products, strengthening our regional service capabilities, and investing in asset capabilities to serve glass laminators' needs for high-performing, high-quality products," said Travis Smith, vice president and general manager of Eastman's Films business. "The trends in both automotive and architectural end-use markets are driving increasing needs for high-performance interlayer products, and we are excited about the opportunities this investment creates to further enable our innovation-driven growth strategy."
JD DADA

Hot Stocks

08:29 EDT JD.com to invest $800M in ordinary shares of Dada - JD.com (JD) and Dada Group (DADA) jointly announced that JD.com, through its subsidiary, entered into a share purchase agreement with Dada, under which JD.com has agreed to invest a total of $800M in newly issued ordinary shares of Dada, at a per share price that equals to the closing trading price of Dada's ordinary shares on the Nasdaq Global Select Market on March 19, 2021, the last trading day prior to the date of the share purchase agreement. Following the transaction, JD.com will hold, taking into account its existing holding, approximately 51% of Dada's issued and outstanding shares. The closing of the transaction is subject to satisfaction of customary closing conditions and procedures, including applicable governmental filings, and there can be no assurance that clearance from applicable governmental authorities will be granted. JD.com has agreed not to sell, transfer or dispose of any shares acquired in the transaction for six months after the closing. The share issuance is exempt from registration under the Securities Act of 1933, as amended pursuant to Section 4(a)(2) of the Securities Act regarding transactions not involving a public offering.
SBT

Hot Stocks

08:28 EDT Sterling Bancorp to sell Washington branch office to First Federal - Sterling Bancorp announced that it has entered into an agreement with First Federal Savings & Loan Association of Port Angeles to sell its Bellevue, Washington branch office, subject to applicable regulatory approvals and other customary closing conditions. The transfer is targeted for completion in the first half of 2021. The transfer includes deposit accounts with a total current approximate balance of $77.7M. The sale includes all branch premises and equipment, and the agreement provides that the buyer intends to offer employment to all associated staff. Sterling's financial advisor for the branch sale was Piper Sandler & Co. and Arnold & Porter Kaye Scholer served as legal counsel.
BAP

Hot Stocks

08:28 EDT Credicorp publishes 2020 annual sustainability report - Credicorp announces the publication of its 2020 Annual Report, which includes the first Sustainability Report for the holding company, underscoring the Company's commitment to embed Environmental, Social and Governance practices within its business strategy to drive change and deliver long term value. A key aspect of the Sustainability Report is Credicorp's 2020-25 Sustainability Program. This transformational program was developed over a period of five months, during whichtime more than 30 leaders from BCP, BCP Bolivia, Mibanco, Pacifico, Prima and Credicorp Capital worked together to identify sustainability risks and opportunities that can create strategic or financial value for the business; bolster growth;and generate positive impacts for society and stakeholders in general. As part of the exercise, the Company developed a new Purpose, Vision and Values, which now guide the implementation of its strategy and decision-making. Additionally, Credicorp has defined three pillars, oriented to sustain long-term value creation and aligned with the UN Sustainable Development Goals: 1) Create a more sustainable and inclusive economy, 2) Improve the financial health of citizens, 3) Empower our people to thrive. The year 2020 was fraught with difficulties that have marked the history of humanity and set the bases for new challenges, opportunities, objectives and initiatives across the globe. A key element of the Sustainability Program focuses on strenghtening the governance structure. Credicorp hasexpanded the scope of the Corporate Governance Committee, which has been renamed the "Sustainability Committee" to reflect its role in leading and overseeing Sustainability issues, including the Sustainability Program. Credicorp has also set up a Sustainability Office at the Corporate Level, which reports to the Deputy CEO, and designated Executive Sponsors and Heads of Sustainability at both the corporate and subsidiary levels. For the most part, the Heads of Sustainability report directly to the CEOs of their business. The 2020 Sustainability Report includes information on the holding's sustainable operations, including: A Strengthened Corporate Governance framework: the expanded and reconfigured composition of the Boardincreases its level of independence and diversity. Additionally, the simplified Committee structure boosted its independence. The COVID-19 social response: active support foremployees, clients and communities through a series of initiatives, as they navigated the current crisis. The new integrated Sustainability Strategy: initiatives that are aligned with the Company's core business, coupled with its Commitment to the Future.
DBTX

Hot Stocks

08:26 EDT Decibel Therapeutics added to Russell 2000 Index - Decibel Therapeutics announced that it has been added to the Russell 2000 Index, as part of the index's quarterly initial public offering additions.
GILT

Hot Stocks

08:26 EDT Gilat Satellite selected by SES to enable tier 1 4G/LTE MNO in Brazil - Gilat Satellite Networks announced that SES, the leader in global content connectivity solutions, selected Gilat to enable a Tier-1 4G/LTE Mobile Network Operator in Brazil to provide broadband connectivity for education. Gilat's multi-service platform opens opportunities for additional applications in the region. Gilat's SkyEdge II-c platform will provide connectivity to hundreds of schools in Brazil over the SES-14 Ku-band High Throughput Satellite. This will enable the Tier-1 MNO to fulfill the government obligation of extending broadband connectivity for education to Brazil's most remote schools. "We're proud to be part of this project that aims to positively impact the lives of thousands of Brazilian students even across the most remote rural areas of the country, who will have the opportunity to benefit from the high-speed connectivity provided by our SES-14 satellite. Gilat's local delivery capabilities, including site installation and field support, make Gilat the right partner in supporting SES Networks to meet the requirements of our Tier-1 MNO customer and contribute in narrowing the digital divide in Brazil," said Omar Trujillo, Vice President of Sales for Fixed Data Americas at SES Networks. "With this collaboration we will also have the opportunity to provide additional services, such as mobile backhaul, enabled by Gilat's multi-service platform."
SNX

Hot Stocks

08:26 EDT Synnex jumps 11% to $114.94 after Q1 results beat estimates, Tech Data merger
BADFF

Hot Stocks

08:24 EDT Badger Daylighting announces normal course issuer bid - Badger Daylighting previously announced on March 11, 2021, that the Board of Directors of Badger has approved Badger to pursue the implementation of a normal course issuer bid, pursuant to which Badger would have an option to repurchase its common shares for cancellation. On March 22, 2021, the Toronto Stock Exchange accepted the notice filed by the Company to implement the NCIB. The Company believes that from time-to-time, the market price of its common shares may not fully reflect the underlying value of its business, and that purchases of common shares for cancellation under the NCIB may provide an opportunity to enhance long-term total shareholder returns. In connection with the NCIB, the Company has entered into an automatic share purchase plan with a broker to facilitate repurchases of common shares. Purchases will be made by the broker based upon the parameters prescribed by the Exchange, applicable Canadian securities laws and the terms of the parties' written agreement. The ASPP has been accepted by the Exchange and will be implemented effective as of March 24, 2021. Under the NCIB, the Company may acquire up to 1,500,000 common shares during the period commencing on March 24, 2021, and ending on March 23, 2022, or such earlier date on which the Company completes its purchases of common shares under the NCIB, or terminates the NCIB at its option. As of March 22, 2021, there are 34,853,838 common shares outstanding, accordingly, the maximum number of common shares that may be repurchased under the NCIB represents approximately 4.3% of the common shares outstanding.
MANH

Hot Stocks

08:23 EDT Manhattan Associates selected by decor manufacturing company NBG Home - Manhattan Associates announced that one of the largest home decor manufacturing companies and importers in the world, NBG Home, has chosen to implement Manhattan Active(R) Warehouse Management, the world's first cloud-native enterprise-class warehouse management system that unifies every aspect of distribution and never needs upgrading. The company plans on installing the Manhattan solution at its four distribution centers with the first implementation taking place in its Goose Creek, South Carolina facility by mid 2021. With distribution being critical to the business, NBG Home needed a system that not only could scale to meet its needs but also has the agility to quickly respond to evolving and unforeseeable changes. In evaluating various WMS solutions in the market, NBG Home selected Manhattan Active Warehouse Management as it was the only platform to meet both requirements. "We felt that Manhattan Active Warehouse Management was the most robust, flexible and agile logistics solution on the market. By unifying control of work, inventory, people, equipment and locations, Manhattan's state-of-the-art solution will streamline and optimize order processing. We were especially impressed with the advanced supervisor capabilities that allow our managers to spend more time on the floor and less time running the system," said Everett Plante, senior vice president and CTO at NBG Home.
IIN HWKN

Hot Stocks

08:23 EDT IntriCon appoints Kathleen Pepski to board of directors - Intricon Corporation (IIN) announced the appointment of Kathleen Pepski to the company's Board of Directors, effective March 19, 2021. Most recently she served as the Vice President, CFO and Treasurer at Hawkins (HWKN).
CVAC

Hot Stocks

08:23 EDT CureVac expands CVnCoV Covid-19 vaccine candidate clinical trial analyses - CureVac N.V. announced plans to expand and further specify the protocols of its ongoing late-stage clinical trials with CVnCoV, its COVID-19 vaccine candidate. CVnCoV efficacy is currently being evaluated in the pivotal HERALD Phase 2b/3 trial in Europe and Latin America. Rapid distribution of new virus variants in the countries where the study is conducted supports the need for further analysis specification for the anticipated case-driven interim analysis. This will allow to determine efficacy of the vaccine candidate for select variants. The company has ongoing discussions with the European Medicines Agency to potentially include an amendment related to select virus strains in the study. For its Phase 2a dose-confirmation trial in older adults in Peru and Panama, CureVac has submitted a protocol amendment to include a secondary objective for vaccine efficacy. The study initially aimed to evaluate safety, reactogenicity and immunogenicity of CVnCoV in adults. Expanded trial analysis is expected to allow for collection of relevant efficacy data which includes the important group of approximately 270 participants above the age of 60, treated with 12microgram of CVnCoV.
AMG

Hot Stocks

08:22 EDT Affiliated Managers announces enhancements to U.S. wealth platform - AMG Funds, the U.S. wealth distribution arm of Affiliated Managers Group announced that as part of AMG's overall repositioning of distribution capabilities for the benefit of its Affiliate partner firms and their clients, AMG is supporting a series of enhancements to its U.S. wealth platform, which will now offer a unique array of high-quality funds managed exclusively by AMG Affiliates. AMG has always provided a single point of access to industry-leading strategies managed by its world-class, independent partner-owned Affiliate firms, which have strong and long-tenured teams supported by stable business platforms. Today, by moving to a lineup entirely sub-advised by AMG Affiliates, clients will benefit from a streamlined platform wholly focused on AMG Affiliates' high-conviction investment offerings, including fee reductions across all the strategies involved in the transition. As part of these enhancements, AMG Funds will offer Affiliate strategies previously unavailable to the U.S. wealth market, as well as provide additional differentiated investment solutions by repositioning select funds. In addition to the Affiliates currently represented, AMG's platform will offer highly differentiated strategies that reflect evolving client demand trends, such as Boston Common's Global Impact Fund, and strategies previously unavailable in the U.S. retail market, including Veritas' Asia Pacific Fund and China Fund. These Affiliates join existing Affiliates on the platform, such as Pantheon, a leading global private equity fund investor; Yacktman, a highly regarded concentrated value-oriented equity manager; GW&K, a well-respected active equity and fixed income manager; and leading global equities manager Harding Loevner, for which AMG distributes a number of their strategies.
ENLV

Hot Stocks

08:21 EDT Enlivex ,Yale in research pact to assess synergistic effect of Allocetra - Enlivex Therapeutics together with Yale Cancer Center, a National Cancer Institute-designated comprehensive cancer center, announced a research collaboration for the assessment of the potential of Allocetra to enhance the activity of checkpoint inhibitors in solid tumors. Allocetra is a macrophage-reprogramming immunotherapy product candidate currently in clinical development by Enlivex, as, among other things, a potential therapy in combination with approved immune checkpoint inhibitors for hard-to-treat solid tumors. Under the strategic collaboration, the parties intend to develop and execute pre-clinical programs to investigate the potential synergies between Allocetra and commercially-approved checkpoint inhibitor therapies for select solid cancers. The Principal Investigator for this collaboration is Dr. Vish Muthusamy, PhD, Director of the Yale Center for Precision Cancer Modeling. Dr. Muthusamy is a cancer biologist with expertise in preclinical investigation of candidate cancer therapies. His center has developed in vivo tumor models to investigate pharmacological evaluation of drugs. Recently, Dr. Muthusamy worked in close collaboration several academic investigators and pharmaceutical companies to develop cancer therapeutics that are in various stages of clinical development. The collaboration's scientific advisor is Dr. Marcus W. Bosenberg, MD, PhD, Co-Leader of the Genomics, Genetics and Epigenetics Program at Yale Cancer Center. On behalf of the Yale team, Dr. Bosenberg said "At Yale we have been interested in trying to understand the process of macrophage reprogramming for some time, and we are excited about studying the effects of Allocetra(TM) in potentially recruiting anti-tumor macrophages in the tumor environment and characterize the effects."
MDLZ

Hot Stocks

08:20 EDT Mondelez acquires Grenade, terms not disclosed - Mondelez International announced an agreement to acquire a significant majority interest in Grenade, a UK performance nutrition pioneer in the high protein bar segment. Terms of the transaction were not disclosed. The company said, "Grenade is one of the category leaders in high-protein bars, and its Carb Killa has been the best-selling product in the segment since 2016 with a growing presence in the UK and availability across other regions including North America and Asia Pacific." Grenade was founded by Alan and Juliet Barratt in 2010 with a simple mission to become the number one brand in sports nutrition products. With strong historic performance, solid growth and share gains, Grenade has a strong eCommerce presence with approximately 25 percent of its sales from online channels. Over the years, Grenade has broadened its consumer base and launched new products including high-protein, low-sugar bars and has innovated into new adjacencies including shakes, spreads and cookies. Mondelez International plans to operate Grenade separately to nurture its entrepreneurial spirit and maintain the authenticity of the brand, while providing resources, support and international scale to help accelerate growth. The current senior leadership, including Alan Barratt, will continue to run the business from its headquarters in the UK and will retain a minority equity interest in the company. The deal is expected to close by the end of March.
BK

Hot Stocks

08:19 EDT AFL-CIO teams with Wilmington Trust, BNY Mellon on retirement plan options - The AFL-CIO announces a groundbreaking collaboration with Wilmington Trust, BNY Mellon, PGIM Fixed Income and AFL-CIO ITC Financial to distribute 12 new target date collective investment trust funds, expanding retirement planning options for its 56 unions and 12.5M members. This product is an important extension of the AFL-CIO suite of branded investment products-bringing the federation's values to the defined contribution market.
SWAV

Hot Stocks

08:18 EDT ShockWave Medical to form joint venture with Genesis MedTech in China - Shockwave Medical announced that the company has signed an agreement to form a joint venture with Genesis MedTech Group. Together, Shockwave and Genesis strive to bring coronary and peripheral IVL products to patients in mainland China. The joint venture will benefit from Genesis MedTech's strong track record and expertise in the commercialization of medical devices as well as their industry-leading sales network in China. Genesis MedTech's China capabilities are complementary to Shockwave's global expertise in the development, manufacture, and sale of IVL products. The new joint venture will be named Genesis Shockwave Private Limited and enables the commercialization of both imported Shockwave-branded IVL products as well as IVL products that are locally developed, manufactured, and branded by Genesis Shockwave Private Limited. The creation of the joint venture is subject to the satisfaction of certain closing conditions.
CPRX

Hot Stocks

08:18 EDT Catalyst Pharmaceuticals announces $40M share repurchase program - Catalyst Pharmaceuticals announced that its Board of Directors has authorized the repurchase of up to $40M of shares of Catalyst's outstanding common stock. "This share repurchase program reflects our confidence in the long-term outlook for the Company, including our ability to continue to generate strong cash flow," said Patrick J. McEnany, the Company's Chairman and Chief Executive Officer. "We believe that our strong balance sheet, earnings power and borrowing capability have us well-positioned to successfully execute both on our recently announced strategic initiative to expand our product and pipeline portfolio of therapies to treat other rare diseases and on this share repurchase program. We believe that executing on both of these objectives will help drive stockholder value." Catalyst expects to make share repurchases at the discretion of management from time to time in the open market, depending on market conditions, or through privately negotiated transactions, subject to the requirements of the Securities Exchange Act of 1934, as amended, and related rules. The timing and amount of any shares purchased on the open market will be determined based on Catalyst's evaluation of market conditions, share price and other factors. The program does not obligate Catalyst to purchase any shares, and the program may be modified, suspended or terminated at any time and for any reason. No shares will be purchased directly from directors or officers of Catalyst as part of the share repurchase program. Catalyst plans to use existing cash on hand to fund the share repurchase program.
BCRX

Hot Stocks

08:17 EDT BioCryst to advance BCX9930 into pivotal trials in PNH in 2H21 - BioCryst Pharmaceuticals announced that its oral Factor D inhibitor, BCX9930, significantly increased hemoglobin and reduced transfusions in an ongoing dose-ranging trial in treatment-naive paroxysmal nocturnal hemoglobinuria patients, and in PNH patients with an inadequate response to C5 inhibitors. BCX9930 was safe and generally well-tolerated in the trial. Based on these results, and recent interactions with U.S. and European regulators, the company plans to advance directly into pivotal trials in PNH and proof of concept trials in renal complement-mediated diseases in the second half of 2021. PNH patients in the trial also experienced reductions in key laboratory biomarkers, such as reticulocyte count, lactate dehydrogenase and percentage of C3 opsonization following dosing at 400 mg bid or 500 mg bid. In the trial, 10 treatment-naive PNH patients received oral BCX9930 monotherapy and six PNH patients who had an inadequate response on a C5 inhibitor had oral BCX9930 added to their intravenous C5 therapy regimen. Fifteen patients, nine treatment-naive and six who had an inadequate response on a C5 inhibitor, received BCX9930 at doses of 400 mg bid or 500 mg bid for at least eight weeks. Some patients have now been on study drug for almost a year. Treatment with BCX9930 at doses of 400 mg bid or 500 mg bid for at least eight weeks resulted in significant improvements in clinical symptoms and laboratory biomarkers of disease in both the treatment-naive and C5 inadequate-responder cohorts. Through their last study visit, 100 percent of treatment-naive patients and 83 percent of C5 inhibitor inadequate response patients were transfusion-free. Prior to the trial, 22 percent of treatment-naive patients and 17 percent of C5 inadequate responders were transfusion-free.Hemoglobin levels increased by a mean of 3.5 g/dL in treatment-naive patients and 3.2 g/dL in C5 inhibitor inadequate response patients; at last visit, mean hemoglobin levels were 11.8 g/dL and 12.2 g/dL, respectively. Relative red blood cell clone size, a marker of hemolytic control, also increased from 53 to 92 percent in treatment-naive patients and from 50 to 80 percent in C5 inhibitor inadequate response patients. C3 opsonization, a key marker of extravascular hemolysis, declined to less than two percent by the eight-week visit in five of six C5 inadequate response patients following BCX9930 therapy. In C5 inhibitor naive patients, clinical chemistry biomarkers of intravascular hemolysis, including lactate dehydrogenase, aspartate aminotransferase and bilirubin, all declined. Mean LDH x ULN declined by 73 percent from 7.5x ULN at baseline to 2.0x ULN. The most common drug-related treatment-emergent adverse events were transient headache soon after starting treatment, and a benign drug rash that resolved in all patients through continued study drug administration. TEAEs of hemolysis occurred in two of 16 patients and resolved without any changes to dosing. There were no discontinuations or drug interruptions due to related adverse events. No safety signals were seen in routine monitoring of adverse events, vital signs, electrocardiograms, or laboratory evaluations of hematology, clinical chemistry, coagulation, or urinalysis. The U.S. Food and Drug Administration has granted both Fast Track status and Orphan Drug Designation to BCX9930 for PNH.
TWST

Hot Stocks

08:17 EDT Twist Bioscience releases preclinical data on GLP-1R antibodies - Twist Bioscience announced preclinical data demonstrating that GLP-1R antibodies identified from its proprietary G-protein coupled receptor, or GPCR, libraries showed potent blood glucose control. Glucagon-like peptide-1 receptor, or GLP-1R, is a class B GPCR that acts as the receptor for the incretin GLP-1, a peptide released to regulate insulin levels in response to food intake. The data were published online in mAbs detailing the work of researchers at Twist Biopharma, the biologics division of Twist Bioscience. Researchers discovered a panel of 13 high-affinity GLP-1R-targeting antibodies by mining Twist Biopharma's proprietary GPCR-focused phage display library with 1 x 1010 diversity created using Twist's precision synthetic DNA writing technologies. In the resulting antibodies, the heavy chain complementarity-determining region 3, or HCDR3, which confers most of the binding activity and specificity, was found to include either a GLP-1 motif, a GLP-2 motif, or an unknown/unique sequence. Many of the GLP-1R antibodies discovered were GLP-1R antagonists, which have the ability to prevent hypoglycemia incidents in congenital hyperinsulinism and post-bariatric hyperinsulinism. In addition, Twist Biopharma created an agonist antibody by fusing GLP-1 peptide to the light chain of a non-functional GLP-1R-specific antibody. The resulting peptide antibody fusion, TB59-2, had a comparable binding affinity to the free peptide to GLP-1R-expressing CHO cells, comparable function in the agonistic format of the cAMP activity assay and a 2-day half-life in preclinical model studies using 10 mg/kg dosing and based on the measurement of the full GLP-1 peptide presence in the blood samples. In vivo studies indicate that TB59-2 has potential to be used to treat type 2 diabetes with a once-weekly dose. The GLP-1R antagonistic antibody, TB01-3, from the panel showed a comparable effect in raising blood glucose levels after an insulin challenge to Exendin. In an insulin tolerance test with 6 hr pre-dosing, TB01-3 demonstrated a statistically significant improvement in blood glucose-raising function compared to the Exendin. TB01-3 exhibited a half-life of 1 week in vivo and is anticipated to show a much longer half-life in humans.
UNVR

Hot Stocks

08:15 EDT Univar's ChemPoint expands distribution agreement with Niacet - ChemPoint.com, a subsidiary of Univar Solutions, announced that it has expanded its distribution agreement with Niacet Corporation to include the sales, marketing, and distribution of Niaproof anionic surfactant 08 in Mexico. The agreement is part of an existing relationship, which began in the United States in 2009 and subsequently expanded into Europe, the Middle East, and Africa before entering Mexico.
TAOP

Hot Stocks

08:14 EDT Taoping signs strategic cooperation agreement with BitFuFu - Taoping announced that it has entered into a strategic cooperation agreement with BitFuFu. Pursuant to the strategic collaboration agreement, both parties will leverage their respective advantages to focus on blockchain based cloud computing field to carry out all-round and multi-level cooperation on a global scale. TAOP will purchase blockchain cloud computing service with a total value of $10M from BitFuFu within three years. The first batch of $1M service subscription agreement was signed simultaneously with the strategic cooperation agreement. The first batch service period is from March 18 to March 13, 2022. Antminer, a cryptocurrency mining machine brand by Bitmain Technologies with the world's largest market share, is a strategic partner of Bitfufu, and holds patents in mainland China. Bitmain is a company headquartered in Beijing, China that designs application-specific integrated circuit chips for bitcoin mining. By purchasing the blockchain cloud computing service, TAOP will be able to start Bitcoin mining through Antminer, which is expected to bring direct revenues for the Company. Choosing this high-quality brand of mining machine will not only ensure continuous revenues for TAOP, but also ensure a safer and more scalable platform to achieve healthy business operations and rapid growth. "The strategic cooperation with BitFuFu marks the official launch of the Company's blockchain and digital asset business," said Mr. Jianghuai Lin, the Chairman and CEO of TAOP. "In the future, TAOP and BitFuFu will leverage respective resources to jointly promote the development of blockchain technology and digital currency business."
AKER

Hot Stocks

08:14 EDT Akers Biosciences to hold shareholders meeting on April 15 to vote on MyMD deal - Akers Biosciences announced that it has scheduled its general meeting of shareholders to vote on the proposed business combination with MyMD Pharmaceuticals. The meeting will be held on April 15, 2021 at 10:00 a.m., Eastern Time, and will be virtual. In connection with the Meeting, Akers' board of directors has fixed the close of business on March 15, 2021 as the record date for the special meeting. "We believe the strategic combination of Akers with MyMD has the potential to accelerate the commercialization of MyMD's drug development platform, which has been built over the past seven years," said Chris Schreiber, CEO of Akers Biosciences, "MYMD-1 is targeting the underlying causes of chronic autoimmune diseases as well as aging itself, and SUPERA-1R-a patent protected synthetic derivative of cannabidiol-targeting numerous key cannabinoid receptors to address pain, anxiety, sleep disorders, and seizures. We look forward to closing the proposed business combination as soon as possible following the Meeting and will update shareholders at that time."
LNVGY SYNA

Hot Stocks

08:14 EDT Lenovo selects Synaptics fingerprint reader for ThinkPad X1 Carbon Gen 9 - Synaptics Incorporated (SYNA) announced Lenovo (LVNGY) has chosen its new Selene family of ultra-slim oval fingerprint sensors for the upcoming ThinkPad X1 Carbon Gen 9 notebook. Selene enables Lenovo's new Power-on Touch Fingerprint Reader button that swiftly protects the device and turns it on with a simple touch.
GRWG

Hot Stocks

08:13 EDT GrowGeneration acquires Agron.io B2B integrated platform, terms not disclosed - GrowGeneration announced its acquisition of Agron.io, a wholesale agriculture platform that allows commercial growers to manage their purchasing and logistics in one platform. Powered by proprietary enterprise resource planning technology, Agron.io offers commercial pricing, real-time inventory, and one of the largest product catalogs in the industry, with over 10,000 products in over 60 categories, including greenhouses, vertical benching, controlled environmental systems, HVAC, and industrial equipment. The platform manages real-time product updates, tier-pricing changes, case quantities, pallet quantities, profit margin projections, hazmat fees, ETL/UL listings and state chemical regulations, as well as guarantees the latest shipping quotes using API generated pallet and box shipping rates. The company expects Agron will contribute $20M in revenue for GrowGen this year.
TREX

Hot Stocks

08:13 EDT Trex Company: Ramp-up of new Virginia capacity ahead of schedule
SNSE

Hot Stocks

08:13 EDT Sensei Biotherapeutics announces inclusion in Russell 2000 Index - Sensei Biotherapeutics announced that it will be added to the Russell 2000 Index effective March 22, 2021, as part of its quarterly initial public offering additions
ASGTF

Hot Stocks

08:12 EDT Altus Group publishes 2020 sustainability report - Altus Group has published its 2020 Sustainability Report highlighting the Company's commitment to its environmental, social, and governance initiatives and progress. The 2020 Sustainability Report highlights the Company's: Robust stakeholder engagement process to better understand and address key concerns and expectations; Proactive Covid-19 pandemic response and effective business continuity measures that enabled the Company to ensure the safety of its people and maintain excellent productivity in serving clients; Light environmental footprint and carbon business model, as well as sustainability practices to reduce the impact the Company's operations have on the environment; Human capital strategies to attract, retain, develop, reward and motivate its people, as well as efforts to foster a positive culture and employee well-being; Expanded strategy to promote a diverse, equitable and inclusive workplace; Philanthropic initiatives to support the communities and organizations important to its employees and customers; Mature cybersecurity, data privacy and protection of intellectual property measures; and Strong corporate governance framework to ensure effective stewardship and practices that are in the best interests of all the Company's stakeholders.
TREX

Hot Stocks

08:11 EDT Trex Company reports on electrical fire at Winchester, VA facility - Trex Company reports on the impact of a recent fire and provides a first quarter production and capacity expansion update. "Thanks to extensive safety training and fast action by our employees and area firefighters, we are pleased to report that no one was injured in the electrical fire that occurred recently at one of the manufacturing buildings in our Winchester, Virginia complex. We are grateful to everyone who contributed to quickly extinguishing the fire and ensuring safety," said Bryan Fairbanks, President and CEO of Trex. "We anticipate minimal impact on our overall business as a result of this incident. Based on the projected production loss, we expect our first quarter revenue will be on the lower end of the guidance provided in February at approximately $235M, with production volume loss expected to be recovered during the second quarter," stated Fairbanks. Damage to the building's electrical systems is being addressed with repairs expected to run through the end of March. During this time, production will continue as normal at the company's other manufacturing facilities in both Virginia and Nevada. Additionally, the company's capacity expansion continues to advance at its Virginia site where Trex recently opened a new state-of-the-art manufacturing facility dedicated to producing Trex decking.
ROP

Hot Stocks

08:11 EDT Roper Technologies appoints Amy Woods Brinkley Chair of the Board of Directors - Roper Technologies announced that Amy Woods Brinkley has been appointed Chair of the Company's Board of Directors, effective June 1. Ms. Brinkley succeeds Wilbur J. Prezzano, who is retiring from Roper's Board in June, consistent with the Company's mandatory retirement guidelines. Ms. Brinkley has served as a Director of Roper since 2015, and is also currently a Director of TD Bank Group and Carters, Inc. Ms. Brinkley was associated with Bank of America Corporation for more than thirty years, most recently serving as Chief Risk Officer from 2002 until her retirement in 2009. She previously served in a variety of senior roles, including President - Consumer Products and Executive Vice President - Chief Marketing Officer. Mr. Prezzano has served as a Director of Roper since 1997 and was the Company's Lead Independent Director from 2015 until 2018. He was appointed Chair of the Board of Directors in 2018 and was instrumental in guiding Roper through the transition from long-time CEO Brian Jellison to current CEO Neil Hunn.
TRNF

Hot Stocks

08:10 EDT Taronis Fuels shareholder Harvey Boshart to vote for shareholder proposals - Harvey Boshart announced that he will vote 100% of his 62,500 shares of Taronis Fuels in support of each of Tobias Welo and Thomas Wetherald's proposals on the WHITE Consent Card. Mr. Boshart believes that the recent anti-shareholder actions by the incumbent Board, including the issuance of 3.4 million shares or more than 51% of the outstanding shares and handing out $10m golden parachute packages to management, serve to further entrench a Board of Directors that is unwilling to hold Taronis management accountable for destroying shareholder value through poor financial management and corporate governance. Boshart commented, "I believe the Taronis Board's incentives are not aligned with shareholders and that they are driven by their own self-interests. Further, they lack the industry experience necessary to take the Company forward. More importantly, they continue to mislead investors and have not made shareholders aware of, nor denied, an SEC investigation into the Company. I urge the Board to stop wasting shareholders' money and cease any further steps to entrench themselves or Taronis management and destroy shareholder value. The Concerned Shareholders' slate of Director candidates is an impressive group of extremely qualified industry professionals who will oversee the implementation of a superior corporate strategy to unlock shareholder value. They have laid out a clear nine-point strategic plan to allow the company to achieve its maximum potential. For these reasons, I intend to vote the WHITE Consent Card in support of the Concerned Shareholders of Taronis, and I encourage other shareholders to do the same."
TSLA

Hot Stocks

08:10 EDT ARK Invest estimates Tesla could approach $3,000 in 2025 - Cathie Wood's ARK Invest published its latest model for Tesla on Friday after the market close, in which the firm said it now estimates that Tesla shares could approach $3,000 in 2025 based on its update research. The investment management firm, which has been among the most bullish on Tesla, set the price target for Tesla at $1,500 per share on a bear basis by 2025 and $4,000 per share on a bull basis. "Last year, ARK estimated that in 2024 Tesla's share price would hit $7,000 per share, or $1,400 adjusted for its five for one stock split," the firm noted. Reference Link
UTI

Hot Stocks

08:09 EDT Universal Technical to open new campus in Austin, Texas - Universal Technical Institute plans to expand its presence in two states in fiscal year 2022, the first being in the state of Texas with a new campus in Austin - its thirteenth nationwide and third in the state. The company opened its Houston campus in 1983 and its Dallas-Fort Worth campus in 2010. Additional details on the second planned new campus will be provided at a later date. UTI has leased approximately 100,000 square feet in the CM Techridge facility in North Austin, a critical first step in the development of the campus. The campus will be designed with an innovative and more efficient layout to support UTI's new blended-learning curriculum, providing both digital and hands-on training elements. The expected initial offerings at the campus include UTI's Automotive, Diesel and Welding Technology programs, with capacity for additional programs to be added in the future. The company is targeting to open the Austin campus during the second quarter of fiscal 2022, subject to obtaining necessary regulatory approvals and completion of the campus build-out. Implementation will begin during the second half of fiscal 2021.
QRVO

Hot Stocks

08:09 EDT Qorvo launches QPG6100 communications controller for IoT end devices - Qorvo has introduced the first smart home communications controller to deliver simultaneous support for multiple ultra-low power wireless protocols. Qorvo's new QPG6100 communications controller for IoT end devices features the company's ConcurrentConnect technology. This innovation enables faster communications, increases home network capacity and scalability, and allows manufacturers to future-proof connected devices such as lighting and smart home sensors. The technology helps eliminate barriers to growth of the smart home by enabling simultaneous operation of multiple smart devices, regardless of which major wireless standard they use.
RCEL

Hot Stocks

08:08 EDT Avita Medical appoints Michael Holder as CFO - AVITA Medical announced the appointment of Michael Holder as CDO effective March 22, 2021. Mr. Holder will assume responsibility for overseeing the global finance, accounting, M&A, and investor relations functions and will be based in AVITA's Valencia office in California. Most recently, he served as CFO with ImmuneCyte, Inc., a global clinical stage biopharmaceutical company with innovative cell and gene immune-oncology therapeutics.
AMTI

Hot Stocks

08:07 EDT Applied Molecular Transport appoints Earl Douglas as General Counsel - Applied Molecular Transport announced that it has appointed Earl Douglas as General Counsel. In his new role, Earl will assume leadership responsibilities for all legal activities of the Company. He will become a member of the AMT Executive Team, reporting to chief executive officer and co-founder of AMT, Tahir Mahmood, Ph.D. "I am delighted to welcome Earl as our general counsel and latest member of our executive management team," stated Tahir Mahmood, Ph.D. "Earl brings extensive legal and strategic advisory experience that will be invaluable as we continue to advance our promising pipeline of novel, oral biologic medicines. He is joining AMT at a critical time for the company, as we look forward to sharing top-line oral AMT-101 data readouts from the four Phase 2 trials from our comprehensive clinical program beginning in the second half of 2021 and as our second program, oral AMT-126, progresses through the clinic." Mr. Douglas joins with more than 30 years of deep experience, leading and building legal organizations for biotechnology and medical device organizations. Mr. Douglas most recently served as general counsel at Kiverdi. He has also served as general counsel and corporate secretary at BioMimetic Therapeutics Spinal Dynamics (acquired by Medtronic), and OPX Biotechnologies. He also previously served as Counsel at Wilson Sonsini Goodrich & Rosati, and earlier in his career, practiced as an associate with Weil, Gotshal & Manges.
FE PEG

Hot Stocks

08:07 EDT FirstEnergy names Antonio Fernandez Chief Ethics and Compliance Officer - FirstEnergy (FE) announced that Antonio Fernandez has been named vice president and chief ethics and compliance officer effective April 12. In this role, Fernandez will manage a dedicated team of compliance professionals and strengthen FirstEnergy's ethics and compliance function. He will report to Hyun Park, senior vice president and chief legal officer, and the Audit Committee of the Board as well as collaborate closely with the compliance oversight subcommittee of the Audit Committee. Fernandez's experience includes nearly five years as chief compliance, NERC & privacy officer of the Public Service Enterprise Group (PEG).
QH

Hot Stocks

08:06 EDT Quhuo announces director Yung-Hung Chang resigns from board - Quhuo announced that Yung-Hung Chang has resigned from his position as a member of the board of directors for personal reasons, effective on March 22, 2021. The resignation of Mr. Chang did not result from any disagreement with the Company on any matter relating to the Company's business operations, financial reporting or controls, policies or practices.
SESN

Hot Stocks

08:06 EDT Sesen Bio, Qilu Pharmaceutical announce approval of Vicineum IND in China - Sesen Bio announced that the Investigational New Drug application for Vicineum for the treatment of BCG-unresponsive non-muscle invasive bladder cancer submitted to the Center for Drug Evaluation of the China National Medical Products Administration by the company's partner in China, Qilu Pharmaceutical, was approved ahead of the original timeline of April 2021. With approval of the IND, Qilu Pharmaceutical is authorized to conduct the proposed clinical trial to assess the efficacy and safety of Vicineum in patients with BCG-unresponsive NMIBC in China, at the sole cost of Qilu Pharmaceutical. Assuming a successful trial, Qilu Pharmaceutical anticipates submission of the product market application for Vicineum in 2022 with potential approval in China expected in 2023. "The approval of the IND for Vicineum in China represents a significant milestone in realizing our mission to save and improve the lives of patients globally," said Dr. Thomas Cannell, president and chief executive officer of Sesen Bio. "Due to more limited use of BCG in China compared to the US, there is an opportunity to transform the treatment paradigm of NMIBC in China. The approval of the IND ahead of the original timeline underscores the strong collaboration between Sesen Bio and our partner, Qilu Pharmaceutical. Given the highly experienced clinical oncology team at Qilu Pharmaceutical, and the Phase 3 trial results achieved in the US, we are optimistic on the prospects for a successful trial and expeditious submission. We look forward to continuing to work with Qilu Pharmaceutical and the NMPA to bring this potentially best-in-class treatment to patients in China." Sesen Bio is entitled to receive a $3M milestone payment from Qilu Pharmaceutical, the first of $23M in potential milestone payments. Additionally, the company anticipates Qilu Pharmaceutical will become a key strategic partner for global supply of Vicineum and the manufacturing technology transfer to Qilu Pharmaceutical is on track to be completed in mid-2021. The completion of the manufacturing technology transfer triggers an additional $2M milestone payment.
IPHI

Hot Stocks

08:05 EDT Inphi announces commercial availability, production ramp of COLORZ II 400ZR - Inphi Corporation announced the commercial availability and production ramp of COLORZ II 400ZR, the industry's first QSFP-DD pluggable coherent transceivers for cloud data center interconnects. For the first time, cloud operators can connect their data centers within a region with high performance, low power, small form factor 400G coherent transceivers without the need for a separate transport box. A longer reach variant, COLORZ II 400G ZR+, which extends the reach of COLORZ II from 120km to about 400km, is in final stages of qualification and expected to be commercially available starting next month. The ever-increasing bandwidth demand between data centers, driven by streaming video, social networking, cloud computing, AI, and, more recently, work from home, is motivating mega-cloud data center operators to deploy high-density, low latency and low power DWDM links to connect multiple data centers within region and allow them to behave like a single data center.
RAPT

Hot Stocks

08:05 EDT Rapt completes enrollment in clinical trial of RPT193 for atopic dermatitis - RAPT Therapeutics announced enrollment has been completed in its Phase 1b clinical trial of RPT193 in patients with moderate to severe atopic dermatitis, AD. The Company expects treatment follow up and data compilation to be completed in time for top line results to be reported in the first half of 2021. "We look forward to reporting top line data from this trial of RPT193 in atopic dermatitis, which could serve as initial proof of concept in AD and a wide range of inflammatory diseases," said Brian Wong, M.D., Ph.D., President and CEO of RAPT Therapeutics. "We believe an encouraging outcome in this Phase 1b trial would be if RPT193 shows a clear benefit compared to placebo in at least one key clinical or patient-reported endpoint. Evidence of efficacy, combined with once-daily oral convenience and a favorable safety profile, would be attractive in this patient population. This is an exciting time for RAPT as our CCR4 antagonist platform may potentially demonstrate broad clinical utility in both oncology and inflammation." RAPT's Phase 1b study is part of a first-in-human Phase 1a/1b trial of RPT193. The Phase 1b portion of the trial is a randomized, double-blind, placebo-controlled study in patients with moderate to severe AD. The study is being conducted at multiple sites in the United States and has enrolled 31 patients. The primary endpoint of the Phase 1b study is safety. Secondary and exploratory endpoints include pharmacokinetics, biomarkers and clinical efficacy as evaluated by multiple measurements, including the Eczema Area and Severity Index (EASI) and pruritis Numerical Rating Scale, NRS. The Phase 1b trial was not powered to achieve statistical significance for any particular endpoint. The Phase 1a portion of the Phase 1a/1b trial was a standard single and multiple dose escalation study in healthy volunteers. The data from the Phase 1a study demonstrated pharmacokinetics and pharmacodynamics that support once-daily oral dosing with RPT193, and blinded safety data supported initiation of the Phase 1b portion of the trial. Preclinical studies of RPT193 have demonstrated its ability to block the migration of mouse and human Th2 cells in vitro as well as inhibit inflammation in models of atopic dermatitis and asthma.
ODT

Hot Stocks

08:05 EDT Odonate Therapeutics reports discontinuation of Tesetaxel development - Following feedback from the U.S. Food and Drug Administration in a pre-New Drug Application meeting, Odonate Therapeutics has concluded that the clinical data package for tesetaxel is unlikely to support FDA approval. Therefore, Odonate is discontinuing the development of tesetaxel and will wind down the operations of the Company. The Company will work with clinical sites to transition patients in ongoing tesetaxel clinical studies to appropriate alternative therapies. "We thank the investigators, study team personnel, and especially the patients and their caregivers for their endeavors to improve treatments for patients with breast cancer," said Kevin Tang, CEO of Odonate.
DARE

Hot Stocks

08:04 EDT Dare Bioscience completes recruitment in Phase 1 trial of DARE-HRT1 - Dare Bioscience announced completion of patient recruitment in its Phase 1 clinical trial of DARE-HRT1 being conducted through its wholly owned subsidiary in Australia. DARE-HRT1 is a novel intravaginal ring designed to deliver bio-identical 17beta-estradiol and bio-identical progesterone continuously over a 28-day period. It is being developed for the treatment of vasomotor symptoms and genitourinary syndrome associated with menopause as part of a hormone therapy regimen. The randomized Phase 1 study is designed to evaluate the pharmacokinetics of DARE-HRT1 in approximately 30 healthy, post-menopausal women. The primary objective of the study is to describe the PK parameters of two different dose combinations over 28 days. Secondary endpoints of the study include assessing the safety and tolerability of DARE-HRT1 and comparing the exposure of estradiol, estrone, and progesterone of DARE-HRT1 over 28 days against a daily combination of oral estrogen and oral progesterone. The Phase 1 study of DARE-HRT1 is being conducted by Dare's wholly-owned Australian subsidiary at specialty women's health sites in Australia. Currently, Australia's research and development tax incentive gives 43.5% of every dollar spent by eligible companies on eligible R&D activities back to those companies in a cash payment. Dare's subsidiary has and intends to continue to apply for the maximum refundable cash credit available under the Australian R&DTI program for eligible study costs incurred. Dare anticipates reporting topline data from this study in the second quarter of 2021.
ODT

Hot Stocks

08:04 EDT Odonate Therapeutics reports discontinuation of Tesetaxel development
CUB

Hot Stocks

08:03 EDT Cubic announces receipt of $76/share unsolicited proposal from ST Engineering - Cubic Corporation confirmed that it recently received an unsolicited proposal from Singapore Technologies Engineering to acquire all of Cubic's outstanding stock for $76 per share in cash. The STE Proposal contemplates that, immediately following the acquisition of all of Cubic's outstanding stock, STE would sell Cubic's CMPS business to an affiliate of Blackstone Tactical Opportunities. On February 7, 2021, Cubic's Board of Directors unanimously approved entering into a definitive merger agreement with an affiliate of Veritas Capital, under which Veritas and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P. , will acquire Cubic for $70 per share in cash. The Veritas Merger Agreement remains in full force and effect, and the Board of Directors of Cubic has not withdrawn or modified its recommendation that the stockholders of Cubic vote in favor of the approval of the merger, the Veritas Merger Agreement and the transactions contemplated thereby. However, Cubic's Board of Directors has determined that the STE Proposal is or would reasonably be expected to lead to a superior proposal, as that term is defined under the Veritas Merger Agreement. Accordingly, the Board has determined to engage in discussions with ST Engineering to further evaluate the merits and risks of the proposed transaction relative to the pending transaction with Veritas and Evergreen, including the value offered to our shareholders, the expected completion timing of each transaction, and the regulatory and closing risks associated with each transaction. Notwithstanding the Board's decision to engage with ST Engineering and further evaluate the STE Proposal, at this time the Board (i) continues to recommend that the shareholders vote in favor of adopting the Veritas Merger Agreement at the special meeting relating to the proposed transaction, (ii) is not modifying, altering or withdrawing its recommendation to shareholders, or agreeing or announcing an intention to do so, and (iii) is not making any recommendation with respect to the STE Proposal.
RZLT

Hot Stocks

08:03 EDT Rezolute presents data from Phase 2a study of RZ358 - Rezolute presented results of a Phase 2a study of RZ358 in patients with post-gastric bypass hypoglycemia, as well as results of a pharmacologic model of the drug candidate, at the Endocrine Society's Annual Meeting, ENDO 2021, held virtually from March 20 through March 23. The study objective was met, with a clinically significant improvement in hypoglycemia by more than 50%, translating to near normalization of average glucose levels. Furthermore, a population-based PK-PD model characterized the observed drug concentrations and quantified the exposure-response relationship. The presentation, titled "Single and repeat-dose study of RZ358 in Patients with Post-Gastric Bypass Hypoglycemia: Results of Population PK/PD Modeling," reported the results of a Phase 2a, open-label, single ascending and repeat dose study of IV RZ358 in 16 patients with PGBH. Serial measurements of RZ358 concentrations as well as biomarkers and continuous glucose monitoring were performed for up to 6 weeks. The results showed that RZ358 was safe and well tolerated with no serious adverse reactions or discontinuations. RZ358 led to a sustained improvement of at least 50% in time in target blood glucose range, translating to near normalization of average daily glucose values. Consistent with its mechanism of action, RZ358 did not cause hyperglycemia. Using pooled observations from the Company's clinical studies with RZ358, a final 3-compartmental population PK model and empirical PK-PD model generally described the observed PGBH study exposures and glucose response. Pharmacokinetic simulations showed that model-predicted efficacious target concentrations can be readily achieved with RZ358 dosing regimens that are currently being evaluated in clinical trials and which meet the candidate's target product profile.
CUB

Hot Stocks

08:02 EDT Cubic announces receipt of $76/share unsolicited proposal from ST Engineering
HUM

Hot Stocks

08:02 EDT Humana names Susan DIamond as interim CFO, effective June 1
HUM

Hot Stocks

08:01 EDT Humana CFO Brian Kane to transition from role to pursue broader career goals - Humana announced that Brian Kane will be transitioning from his role as CFO to pursue broader career goals. To ensure a smooth transition, Kane has agreed to remain in his current role through June 1, 2021, and then serve in an advisory role through the end of the year. Susan Diamond, Segment President for Humana's Home Business, will assume the role of interim CFO, effective June 1, while the Company completes its search for a permanent replacement. Diamond will continue leading the Home business. "We sincerely thank Brian for his invaluable contributions to Humana over the years," said Bruce D. Broussard, Humana's President and CEO. "He has been an instrumental member of the leadership team, helping to formulate and drive the Company's strategy and create significant shareholder value over his seven-year career with Humana. In addition to exhibiting strong financial acumen as CFO, Brian has had direct oversight of the Company's care delivery organization, which has seen a meaningful turnaround at Conviva Care Solutions and significant innovation and organic growth at Partners in Primary Care. Today, combined operations include 170 senior-focused clinics serving more than 250,000 patients with approximately $2.5 billion in revenue, one of the largest organizations of its kind in the nation." The Company has commenced a search with the assistance of a leading search firm for the next CFO. A new Office of the CFO comprised of Diamond and other members of Humana's management and finance team is being established to ensure continued financial discipline and stewardship of Humana's growth story.
APPS

Hot Stocks

08:01 EDT Digital Turbine to acquire 95% of the shares in Fyber N.V. - Digital Turbine announced that it has entered into a definitive purchase agreement to acquire approximately 95% of the shares in Fyber N.V., a mobile advertising monetization platform empowering global app developers to optimize profitability through quality advertising. Subject to certain closing conditions, the Fyber transaction is expected to close in the second quarter. Total aggregate consideration for the transaction calculated for an acquisition of 100% of the outstanding shares in Fyber is $600M, paid as follows: (1) $150M in cash to be paid at closing, subject to purchase price adjustments, (2) $400M in newly issued shares of common stock of Digital Turbine to be issued at closing, and (3) an earn-out payment of $50M, to be paid in newly issued Digital Turbine common stock and/or cash, based on Fyber achieving certain future target net revenues over the twelve-month period ending on March 31, 2022. The company intends to pay the initial $150M cash portion of the purchase price with a combination of available cash on hand and borrowings under its existing senior credit facility along with future capital financing.
HUM INOV

Hot Stocks

07:56 EDT Humana expands use of Inovalon ONE Platform - Inovalon (INOV) and Humana (HUM) announced the expansion of their collaboration in a focus on vaccine adherence. Under the engagement, Inovalon will implement the Inovalon ONE Platform Vaccine Adherence Program, leveraging established healthcare ecosystem connectivity, data integration, normalization, and analyses to assess clinical applicability and adherence of health plan members to applicable Centers for Disease Control and Prevention Advisory Committee on Immunization Practices immunization schedules and guidelines. Analytical insights delivered through the data-driven program will inform member engagement and disease education efforts to promote uptake of recommended vaccines, resulting in improved health outcomes, quality ratings and overall public health, as well as significant economic benefits stemming from reductions in vaccine-preventable disease incidence and associated treatment costs.
SNX APO

Hot Stocks

07:56 EDT Synnex, Tech Data to combine in $7.2B deal - Synnex (SNX) and Tech Data announced they have entered into a definitive merger agreement under which Synnex and Tech Data will combine in a transaction valued at approximately $7.2B, including net debt. The combined company, with approximately $57B in estimated pro forma annual revenues and a team of over 22,000 associates and colleagues, will provide customers and vendors with expansive reach across products, services, and geographies to accelerate technology adoption. Tech Data currently is wholly owned by funds managed by affiliates of Apollo Global Management (APO) and their co-investors. Under the terms of the agreement, Apollo Funds will receive an aggregate of 44M shares of SYNNEX common stock plus the refinancing of existing Tech Data net debt and redeemable preferred shares of approximately $2.7 billion. Upon closing of the transaction, SYNNEX shareholders will own approximately 55% of the combined entity, with Apollo Funds owning approximately 45%. Rich Hume will lead the combined company as CEO. Dennis Polk will be Executive Chair of the Board of Directors and will take an active role in the ongoing strategy and integration of the business, among other responsibilities. The combined company will have an eleven-member board, including Hume, with six individuals appointed by SYNNEX and with Apollo Funds to have Board designation rights based on ownership, initially including four total directors, two of whom will be independent. Non-GAAP diluted EPS accretion of more than 25% is expected in year one post close, with further accretion expected in year two. Net optimization and synergy benefits of $100M are expected in the first year after closing, achieving a minimum of $200M by the end of the second year. The combined company will benefit from a strong financial foundation and an investment grade profile. Based on LTM pro-forma adjusted EBITDA of approximately $1.5B and expected combined debt of approximately $4B at close, debt-to-adjusted EBITDA is expected to be approximately 2.7x at transaction close and is expected to decline to approximately 2x within 12 months. The transaction is expected to close in the second half of calendar year 2021, subject to the satisfaction of customary closing conditions, including approval by SYNNEX stockholders and regulatory approvals.
NSPR

Hot Stocks

07:55 EDT InspireMD CEO urges stockholders to support plans to list on Nasdaq - InspireMD issues a message to stockholders from InspireMD CEO, Marvin Slosman regarding the Company's Special Meeting of Stockholders. The letter read, in part, "We have adjourned our Stockholder Meeting until April 14, 2021 in order to provide additional time for stockholders with a record date of February 8, 2021 to vote for the outstanding proposals. The primary purpose of the vote is to advance our strategy to move to Nasdaq as a preferred platform for our company as provided in the link below to our proxy statement. The Company is seeking authorization to affect a reverse stock split to help meet the criteria required to obtain an initial listing on Nasdaq. I, along with other senior management of the Company, own shares of NSPR just as you do and have voted in favor of the reverse stock split proposal. As outlined in the proxy statement, we believe that listing our common stock on Nasdaq will make NSPR more attractive to a broader range of investors."
SNX

Hot Stocks

07:53 EDT Synnex, Tech Data to combine in $7.2B deal
BCOR

Hot Stocks

07:51 EDT Ancora sends letter to Blucora stockholders - Ancora Holdings, which collectively with the other participants in its solicitation beneficially owns approximately 3.4% of the outstanding common stock of Blucora, sent a letter to stockholders that introduces the candid views of its four director candidates: Frederick D. DiSanto, Cindy Schulze Flynn, Robert D. MacKinlay and Kimberly Smith Spacek. Ancora is seeking to elect Mr. DiSanto, Ms. Schulze Flynn, Mr. MacKinlay and Ms. Smith Spacek to Blucora's ten-member Board of Directors at the company's Annual Meeting of Stockholders on April 26, 2021. Ancora urges Blucora's stockholders to vote on the WHITE Proxy Card to elect its four-member slate.
EDSA

Hot Stocks

07:49 EDT Edesa Biotech expands rights to anti-inflammatory technology - Edesa Biotech announced that it has entered into a definitive license agreement under which the company, through a subsidiary, has acquired additional global rights to a non-steroidal anti-inflammatory technology that forms the basis of the company's EB01 and EB02 drug candidates. The license agreement, with the technology's inventor, provides Edesa with development and commercialization rights to multiple patent families as well as know-how related to the underlying technology. Edesa previously licensed this drug technology from Hebrew University of Jerusalem for topical dermatology and certain gastrointestinal indications, and through this additional license agreement now holds exclusive global rights for all fields of use in humans and animals. Par Nijhawan, MD, CEO of Edesa, said that the move bolsters the company's strategic position on a key inflammatory pathway ahead of an upcoming clinical milestone. "This agreement significantly strengthens the breadth of our intellectual property position for a proprietary technology that we believe could have broad utility across multiple indications." He noted that the agreement was structured to minimize immediate cash outlays.
FOCS

Hot Stocks

07:48 EDT Focus Financial announces launch of Beryllus Capital in JV with Hinduja Group - Focus Financial Partners announced that it launched Beryllus Capital in a joint venture with the Hinduja Group. Beryllus Capital is a multi-family office that will cater to some of the most prominent families in the world through offices in London, Geneva and Singapore, the company said in a statement. "We are partnering with great optimism on Beryllus Capital with Focus Financial Partners," said G.P. Hinduja, Co-Chairman of the Hinduja Group. "This is an important strategic alliance. Beryllus Capital will address the bespoke needs of ultra-high net worth families on a global scale, with outstanding professional and governance standards."
OAS OMP

Hot Stocks

07:46 EDT Oasis Petroleum updates 2021 Midstream cash flow guidance - After the Simplification, all cash flows from OMP (OMP) to Oasis (OAS) will be through Oasis' ownership in OMP common units. The general partner's Class B Units issued as equity incentives will be exchanged for 155,780 OMP common units, further aligning management and public unitholder incentives for value creation. Oasis is expected to own 37.5M OMP common units, or 77.1%, of the OMP common units outstanding pro forma for the Simplification. Oasis originally guided to $53M annual EBITDA derived from OMP limited partner and general partner distributions plus another $81M-$84M of EBITDA from its ownership in Bobcat DevCo and Beartooth DevCo for 2021. Upon completion of the Simplification, Oasis expects cash flows from OMP limited partner distributions of approximately $81M for 2021, as OMP has indicated its current operational and financial outlook supports holding the current $0.54/unit per quarter distribution flat.
CASY

Hot Stocks

07:46 EDT Casey's General Stores to acquire 49 Oklahoma stores for $39M in cash - Casey's General Stores announced an agreement to acquire 49 stores throughout Oklahoma from Circle K Stores Inc. in an all-cash transaction for $39M. The transaction includes 46 leased properties and 3 owned properties and is expected to close in the fiscal quarter ended, July 31, 2021. These stores will be supplied by the company's new distribution center in Joplin, MO.
OAS

Hot Stocks

07:38 EDT Oasis Petroleum announces new $100M share repurchase program - Oasis announced that its board of directors has authorized a new $100M share-repurchase program, in addition to its recently announced dividend of $1.50/share per year. This share-repurchase program expires on December 31, 2022.
RVLGF

Hot Stocks

07:37 EDT Revival Gold announces details of 2021 field program for Beartrack-Arnett - Revival Gold announces details of the Company's planned 2021 field program for the past-producing Beartrack-Arnett Gold Project located in Idaho, USA. Highlights: 5,000 meters of exploration, infill, and engineering drilling. Drilling to commence in May on the Joss high-grade target. A second rig is expected to start drilling in June on the Haidee oxide target; Wood has been appointed to commence an updated Mineral Resource estimate incorporating 2020 and 2021 drilling, targeted for completion in Q1 2022; SGS Canada Inc.'s Lakefield Lab has been selected to conduct column leach and other metallurgical test work under the direction of Wood; and KC Harvey Environmental, LLC has been appointed to initiate supplemental baseline environmental studies with team member Opal Adams serving in an ongoing capacity as the Company's Permitting Specialist. In addition, Revival Gold is Undertaking a detailed evaluation of oxidized, near-surface mineralization in historical reverse circulation drill holes in the Romans Trench target area, located approximately three kilometres south-east of the Haidee target area. Drill intercepts include 1.90 g/t gold over 21 meters and 1.95 g/t gold over 18 meters; and, Assessing potential new exploration opportunities on cross-fault structures with ongoing computer modeling and artificial intelligence applications by Mira Geoscience Ltd., field mapping and reconnaissance.
OMP OAS

Hot Stocks

07:37 EDT Oasis Midstream Partners acquires midstream interests from Oasis Petroleum - Oasis Midstream Partners (OMP) announced it has entered into a contribution and simplification agreement to acquire all remaining interests in Bobcat DevCo and Beartooth DevCo from Oasis Petroleum (OAS) as well as to eliminate the Partnership's incentive distribution rights in exchange for $229M cash and 14.8M units for total consideration of approximately $510M based on OMP's 20 day volume weighted average price ending on March 19. The Simplification also includes a right of first refusal in favor of OMP with respect to midstream opportunities in the Painted Woods and City of Williston operating areas of Oasis. The Simplification will increase OMP's interest in Bobcat DevCo to 100% from 35%, increase OMP's interest in Beartooth DevCo to 100% from 70% and eliminate IDRs from OMP's capital structure. The Simplification, which has an effective date of January 1, 2021, is expected to close before the end of March, subject to the satisfaction of customary closing conditions. The terms of the Simplification were approved by the board of directors of the general partner of OMP following receipt of special approval from its conflicts committee.
TERN

Hot Stocks

07:36 EDT Terns Pharmaceuticals initiates dosing in Phase 1 trial of TERN-501 - Terns Pharmaceuticals announced the initiation of dosing in a Phase 1 clinical trial evaluating TERN-501, a selective thyroid hormone receptor beta agonist with high metabolic stability, enhanced liver distribution and greater selectivity for THR-beta when compared with other THR-beta agonists in development. Terns expects to report initial top-line data from the trial in the second half of 2021. This Phase 1 clinical trial is being conducted in the United States and is expected to enroll approximately 90 healthy participants. The trial is designed to incorporate both single ascending dose and multiple ascending dose cohorts in which the safety, tolerability and pharmacokinetics of TERN-501 will be assessed, as well as pharmacodynamic biomarkers such as sex hormone binding globulin and serum lipid levels that could serve as an early marker of THR-beta target engagement.
SLG

Hot Stocks

07:34 EDT SL Green Realty announces COVID-19 testing sites across NYC portfolio - SL Green Realty announced the launch of the first portfolio-wide COVID testing initiative in New York City. Working with New York State and City, SL Green has identified at least 21 locations, representing more than 200,000 square feet of space that SL Green is making available, free of charge, for use as temporary testing centers. "Returning workers to the office is critical to New York City's recovery, which is why our entire SL Green team has been safely 100% back in the office since June and all of our office buildings have remained open and accessible to our tenants through the pandemic," said Marc Holliday, Chairman and CEO of SL Green. "With spring approaching and the vaccination process well underway, we are implementing this innovative new testing program to make it easier for companies to return to work and expedite the recovery we know is coming. We look forward to seeing our tenants back in greater numbers in the coming months." SL Green has contracted leading testing provider, Mobile Health, for its testing locations and has negotiated preferred testing rates for all tenants within the SL Green family. All of SL Green's nearly 900 tenants will be able to receive testing beginning April 8 as an additional measure to instill confidence in the safety of returning to offices.
ANCUF CASY

Hot Stocks

07:33 EDT Alimentation Couche-Tard plans to sell 355 sites following strategic review - Alimentation Couche-Tard (ANCUF) announced an agreement to sell 49 sites in Oklahoma to Casey's General Stores (CASY) for $39M in an all-cash transaction. The transaction includes 46 leased and 3 owned properties and is expected to close by July 31. Matrix Capital Markets Group Inc. acted as financial advisor to Couche-Tard on the transaction. In a separate but related initiative, the company has retained a real estate advisory firm specialized in the convenience and fuel industry to coordinate the sale of 306 sites across its North American network. The mandate includes 269 sites across 25 states in the United States and 37 sites across 6 provinces in Canada, with an average store size of approximately 2,600 square feet and an average lot size of 29,500 square feet. Of the 306 sites, 122 are fee-owned and 184 are leased, while 238 properties sell fuel and 68 are convenience only. Expressions of interest are due in early May.
TBIO

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07:32 EDT Translate Bio announces Rand Sutherland, MD appointed president - Translate Bio announced that Rand Sutherland, MD, MPH, has been appointed President effective March 22, Dr. Sutherland's first day of employment. Dr. Sutherland brings 20 years of combined industry, medical and academic expertise in pulmonary and rare diseases to this role. His most recent industry experience includes strategic and operational direction of Global Medical Affairs at Sanofi Genzyme, where he led the teams focused on medical evidence generation and engagement across the unit's specialty care therapeutic areas. While in academia, he served as Chief of Pulmonary and Critical Care Medicine at National Jewish Health, directing clinical and research efforts focused on improving care for patients with a wide range of rare and complicated pulmonary diseases. As President of Translate Bio, Dr. Sutherland will be responsible for research and development, corporate development and program management, including portfolio and pipeline strategy with a focus on prioritizing and optimizing the Company's R&D opportunities while evaluating corporate and business development prospects.
ABEO

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07:31 EDT Abeona Therapeutics appoints Michael Amoroso as CEO - Abeona Therapeutics announced that Michael Amoroso, EVP, COO and principal executive officer at Abeona, has been promoted to President, CEO and a member of the company's Board of Directors, effective immediately. Most recently, Mr. Amoroso has been responsible for overseeing the operational management of Abeona, including research and clinical development, regulatory, medical, commercial, corporate affairs and business development as COO and principal executive officer. Mr. Amoroso joined Abeona in 2020, bringing extensive experience in leading teams across clinical development, regulatory and medical affairs, corporate affairs, and commercial, both in the U.S and globally, with direct operational experience in major world markets.
CRNX

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07:25 EDT Crinetics presents on product pipeling at ENDO 2021 - Crinetics Pharmaceuticals provided details of four presentations that were made at the Endocrine Society's annual ENDO 2021 congress on the company's product pipeline. A late-breaking e-poster and oral presentation provided details of the preclinical findings supporting the company's development of CRN04894 and CRN04777. Crinetics presented a late-breaking e-poster describing the potential of SST5 receptor agonists to regulate glucose-stimulated insulin secretion from human islet cells. One of somatostatin's roles in maintaining blood glucose concentrations is to regulate insulin secretion, yet the lack of highly selective agonists has previously hampered efforts to identify the role of the individual somatostatin receptor subtypes in this process. In its preclinical efforts, Crinetics observed that SST5 receptor agonists were potent inhibitors of insulin secretion in the healthy pancreas and under conditions that stimulated excess insulin secretion. Based on these results, the company believes that a selective SST5 agonist may have therapeutic value in the treatment of congenital HI, which is a condition associated with dysregulated insulin secretion. Based on these preclinical findings, Crinetics advanced CRN04777, an investigational, oral nonpeptide SST5 agonist, into a clinical program for congenital HI. CRN04777 is currently being evaluated in a Phase 1 trial designed to evaluate safety, pharmacokinetics, and clinical proof-of-concept by employing well-established methods for evaluating insulin secretion. Crinetics also discussed preclinical results related to CRN04894, an investigational, oral nonpeptide ACTH antagonist, during a live oral presentation at ENDO 2021. CRN04894 recently advanced into a Phase 1 clinical program in healthy volunteers that is designed to evaluate safety, pharmacokinetics, and clinical proof-of-concept by measuring the ability of CRN04894 to suppress cortisol, cortisol precursors and adrenal androgens following exogenous ACTH stimulation. Preclinical data featured in the oral presentation showed that repeat dosing of CRN04894 suppressed plasma corticosterone levels in a robust and dose-dependent manner in animal models of ACTH excess. Results also showed that after seven days, the weight gain and adrenal gland hypertrophy caused by excess ACTH were reduced. This evidence supports the further evaluation of CRN04894 in conditions such as Cushing's disease and congenital adrenal hyperplasia, which are associated with excessive ACTH. In addition to the company's pipeline programs, Crinetics presented two posters on paltusotine, for the treatment of acromegaly, including results from the Phase 2 ACROBAT Edge study. Edge was a single-arm study designed to evaluate the impact of switching patients with acromegaly from monthly injected somatostatin receptor ligands to paltusotine, an experimental oral, once-daily, nonpeptide SST2 receptor agonist. Edge enrolled individuals who had not achieved normal insulin-like growth factor-1 levels despite receiving long-acting octreotide or lanreotide. As previously reported, after 13 weeks of treatment 20 of 23 participants who completed the dosing period maintained their IGF-1 to levels within 20% of their baseline or lower. The most common treatment-emergent adverse events included: headache, arthralgia, fatigue, peripheral swelling, paresthesia and hyperhidrosis. There were no discontinuations due to adverse events and no treatment-related serious adverse events. Crinetics plans to advance paltusotine into a Phase 3 clinical program in acromegaly in the first half of 2021 using a new tablet formulation. Results of a Phase 1 pharmacokinetic study reported at ENDO 2021 demonstrated that this new once-daily tablet formulation of paltusotine had a fasting requirement of only 0.5-1 hour, compared to the 2-hour requirement of the prior capsule formulation. The tablet formulation also showed improved dose-proportional exposure up to 80 mg, which offers the potential for greater dosing flexibility compared to the prior formulation. In addition, the new tablet formulation was observed to be less sensitive to effects of acid lowering drugs, such as proton pump inhibitors. In planned Phase 3 studies of paltusotine, the new tablet formulation will be administered with a 1-hour post-dose fast without the exclusion of acid lowering drugs. less sensitive to effects of acid lowering drugs, such as proton pump inhibitors. In planned Phase 3 studies of paltusotine, the new tablet formulation will be administered with a 1-hour post-dose fast without the exclusion of acid lowering drugs.
MLAC

Hot Stocks

07:22 EDT Asia Vision Network to combine with Malacca Straits Acquisition - Asia Vision Network and Malacca Straits Acquisition Company announced that they have entered into a definitive business combination agreement. The transaction implies a pro-forma enterprise value of $573M. AVN will continue after the business combination as a new Indonesian US-listed holding company and is expected to trade on NASDAQ. The transaction is expected to close in late Q2 or early Q3 2021. AVN is combining with Malacca Straits with the intent to list AVN on NASDAQ, the deepest capital market in the world and on the U.S. exchange, in order to give global investors access to Indonesia's fastest OTT and streaming business. This is where investors will appreciate the growth profile of this company, positioned among secular and economic tailwinds in Indonesia's economy and expanded middle class. The business combination values the combined company at $573 million post-money pro forma enterprise value and will result in approximately $135 million of net proceeds to the company's balance sheet, assuming that there are no redemptions by Malacca's public stockholders or purchase price adjustments. n the business combination, a newly-formed Cayman Islands subsidiary of AVN will merge with and into Malacca Straits, with Malacca Straits surviving the merger as a wholly-owned subsidiary of AVN, and with AVN becoming the successor US-listed company to Malacca Straits. It is anticipated that, following the business combination, AVN's American Depositary Receipts representing ordinary shares and AVN's warrants to acquire ADRs will be listed on NASDAQ. In the merger, outstanding securities of Malacca Straits will be replaced by replacement securities of AVN, with the replacement AVN ordinary shares being held by The Bank of New York Mellon as the depository, and with the Bank of New York Mellon delivering ADRs of AVN to Malacca Straits' security holders. Each Malacca Straits shareholder will receive an ADR representing one AVN ordinary share in exchange for each MLAC ordinary share that they hold; and each Malacca Straits warrant will become a warrant to purchase one ADR. MNC Group will roll 100% of its equity in AVN, and will receive additional AVN ordinary shares in connection with the merger so that when combined with its existing shares, it will own a number of shares reflecting a pre-money enterprise value of AVN of $530 million, subject to certain purchase price adjustments and indemnification obligations, with each AVN ordinary share valued at the price per share paid to each Malacca Straits public shareholder who redeems their MLAC shares in connection with the business combination. The consummation of the transaction is subject to the accuracy of the respective parties' representations and warranties, the approval of the transaction and related matters by Malacca Straits' shareholders and the other closing conditions set forth in the business combination agreement. The transaction has no minimum cash closing condition. The board of directors of AVN and Malacca Straits have each unanimously approved the business combination which is expected to close in late Q2 or early Q3 2021.
NVS ABBV

Hot Stocks

07:22 EDT Novartis appoints Karen Hale as Chief Legal Officer - Novartis (NVS) announced the appointment of Karen Hale as Chief Legal Officer. She will report to Vas Narasimhan, M.D., CEO of Novartis and become a member of the Executive Committee of Novartis, effective May 15. Hale will be based in Basel, Switzerland and succeeds Shannon Klinger. Tom Kendris will continue as Chief Legal Officer ad interim until Hale joins Novartis from AbbVie (ABBV), where she held the role of Vice President, Deputy General Counsel.
GLOP

Hot Stocks

07:18 EDT GasLog Partners announces change in certified accountants - GasLog Partners announced the change in Group's certified accountants. The company said, "On March 10 and 11, 2021, our audit committee and board of directors, respectively, approved the engagement of Deloitte Certified Public Accountants S.A. to audit our financial statements for the fiscal year ending December 31, 2021, following the expiration of the term of engagement of Deloitte LLP, subject to the approval of our unitholders at the 2021 annual general meeting. Deloitte LLP's reports on the consolidated financial statements of GasLog Partners, for the fiscal years ended December 31, 2020 and 2019 did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty or audit scope. We and Deloitte LLP did not, during the two most recent fiscal years and the subsequent period through March 11, 2021, have any disagreements on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure which, if not resolved to the satisfaction of Deloitte LLP, would have caused Deloitte LLP to make reference to the matter in its reports on our financial statements; and there were no reportable events as the term is described in Item 16F(a)(1)(v) of Form 20-F. We have requested that Deloitte LLP furnish a letter addressed to the Securities and Exchange Commission stating whether or not Deloitte LLP agrees with the statements in this report. A copy of such letter dated March 22, 2021 is filed as Exhibit 99.2 to this report. At no time during the two most recent fiscal years or the subsequent period through March 11, 2021 did we consult with Deloitte Certified Public Accountants S.A. regarding the application of accounting principles to a specific completed or proposed transaction, or the type of audit opinion that might be rendered on the Partnership's consolidated financial statements."
GLOG

Hot Stocks

07:17 EDT GasLog announces change in certified accountants - GasLog announced the change in Group's certified accountants. The company said, :On March 10 and 11, 2021, our audit committee and board of directors, respectively, approved the engagement of Deloitte Certified Public Accountants S.A. to audit financial statements for the fiscal year ending December 31, 2021, following the expiration of the term of engagement of Deloitte LLP. The engagement of Deloitte Certified Certified Public Accountants S.A. remains subject to approval at our 2021 annual general meeting, which is expected to take place after the completion of our previously announced transaction with BlackRock's Global Energy and Power Infrastructure Team. Deloitte LLP's reports on the consolidated financial statements of GasLog, for the fiscal years ended December 31, 2020 and 2019 did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty or audit scope. We and Deloitte LLP did not, during the two most recent fiscal years and the subsequent period through March 11, 2021, have any disagreements on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure which, if not resolved to the satisfaction of Deloitte LLP, would have caused Deloitte LLP to make reference to the matter in its reports on our financial statements; and there were no reportable events as the term is described in Item 16F(a)(1)(v) of Form 20-F. We have requested that Deloitte LLP furnish a letter addressed to the Securities and Exchange Commission stating whether or not Deloitte LLP agrees with the statements in this report. A copy of such letter dated March 22, 2021 is filed as Exhibit 99.2 to this report. At no time during the two most recent fiscal years or the subsequent period through March 11, 2021 did we consult with Deloitte Certified Public Accountants S.A. regarding the application of accounting principles to a specific completed or proposed transaction, or the type of audit opinion that might be rendered on the Group's consolidated financial statements."
RNG

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07:17 EDT RingCentral acquires Kindite to provide customers with enhanced security - RingCentral announced the acquisition of the technology and engineering team at Kindite, a developer of leading cryptographic technologies that mitigate and reduce security and privacy risks to information and applications in the cloud. The new technology will be incorporated into RingCentral's global communications platform, providing customers with enhanced security capabilities including end-to-end encryption. The Kindite engineering team has developed a data-protection platform that incorporates a unique set of cryptographic key orchestration technologies which delivers enhanced security, privacy and compliance. RingCentral will use Kindite as a cornerstone for building its world-class security capability, the company said. The terms of the transaction were not disclosed. The transaction closed in Q1 and is not estimated to have a material financial impact for the quarter ending March 31.
NTP

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07:16 EDT IsZo's director candidates issue open letter to Nam Tai Property shareholders - IsZo Capital Management LP, which beneficially owns approximately 13% of the outstanding shares of Nam Tai Property, issued a letter on behalf of its director nominees - Michael Cricenti, Cindy Chen Delano, Bo Hu, Leung Lin Cheong Louis, Paula J. Poskon and Jeffrey Tuder - to the company's stakeholders in mainland China. As a reminder, IsZo is seeking shareholder support to elect Mr. Cricenti, Ms. Chen Delano, Mr. Hu, Mr. Leung, Ms. Poskon and Mr. Tuder to Nam Tai's Board of Directors at the court-ordered meeting of shareholders of Nam Tai scheduled to take place on April 26, 2021. IsZo is encouraging shareholders to vote on the GREEN Proxy Card to elect its full six-member slate. The letter says, in part: "Over the past several months, each member of the IsZo slate has spent a considerable amount of timing analyzing Nam Tai's assets, operating markets and future prospects. Our respective assessments have led to a similar conclusion: the Company has a tremendous opportunity to develop world-class projects in Shenzhen, Dongguan and across China's top economic development regions. We believe Nam Tai can capitalize on this opportunity for many years to come if it has ethical leadership that honors its commitments and obligations."
PZG

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07:16 EDT Paramount Gold says Widelife Resources BDR accepted by Oregon State TRT - Paramount Gold Nevada announced that the Wildlife Resources Baseline Data Report for the proposed high-grade Grassy Mountain gold mine in Malheur County, Oregon has been accepted by the Oregon State Technical Review Team. The Wildlife BDR incorporates ground and airborne surveys cataloguing wildlife over an expansive area that consists of the project area, the access road and a buffer zone around them. To date, 20 baseline data reports have been accepted by state regulators, and of those remaining the Ground Water and the Geochemistry BDRs are expected to be filed in advance of submitting the revised Consolidated Permit Application. The successful completion of a positive NI 43-101 Feasibility Study in September 2020 has provided several key inputs that will be included in the revised CPA and the amended Plan of Operations which the Company anticipates submitting in the summer of 2021.
ENGMF

Hot Stocks

07:13 EDT Enthusiast Gaming signs integrated partnership with TikTok - Enthusiast Gaming Holdings is excited to announce that it has signed an integrated partnership deal with TikTok, the leading destination for short-form mobile video. TikTok will leverage Enthusiast Gaming's vast platform of video game and esports fan communities to help drive adoption and bridge the integration of TikTok within the gaming and esports industry. The deal is building on the recent success of TikTok's and Enthusiast Gaming's partnership at EGLX Digital 2020 virtual expo in November 2020. The expo drew over 12 million views across 53 hours of livestreaming content from November 10-13, 2020. Partnership activations to be rolled out across Enthusiast Gaming's platform include: Product and logo placement and promotional activity with Luminosity Gaming influencers, social media and a soon to be released video series microsite. Production of high-impact, co-branded rich media including launch teasers and custom promo video content to be broadcast on Luminosity Gaming's Twitch account, social media channels and Enthusiast Gaming media properties.
ZVO

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07:12 EDT Zovio CEO Andrew Clark to leave as of March 31 - Zovio announced that Andrew Clark, Founder, President and CEO, and the Zovio Board of Directors, mutually agreed to his departure from the company as its CEO and all other offices of the company, effective as of March 31. A search for a new CEO has commenced. To ensure a seamless leadership and operational transition until a new CEO joins the company, the Board has created the Office of the CEO led by George Pernsteiner, Chair of the Zovio Board of Directors, and includes Chris Spohn, Executive Vice President of Operations, and Diane Thompson, Executive Vice President, Secretary and General Counsel until a new CEO joins the company.
MSGM

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07:12 EDT Motorsport Games closes acquisition of KartKraft - Motorsport Games announced the completion of its previously announced deal to acquire the assets and the business of KartKraft, the highly acclaimed PC kart racing simulator, from developer Black Delta. Under the terms of the agreement, Motorsport Games takes ownership of the KartKraft IP as well as all the game assets and code. Additionally, key members of the original development team, including Founder Zach Griffin, join Motorsport Games to form a new studio called Motorsport Games Australia, under which development of KartKraft will continue. KartKraft further expands Motorsport Games' product portfolio, content development, digital product sales capabilities, and provide an opportunity to expand the company's esports ecosystem. In addition to the continued development of KartKraft, the new Motorsport Games Australia studio will bring its expertise from the Unreal Engine, developed by Epic Games, and racing simulation to other Motorsport Games licenses including NASCAR, 24 Hours of Le Mans and the British Touring Car Championship. KartKraft is currently in Early Access on Steam for PC and its simulator has quickly amassed a cult-like following within the sim-racing community. Upon its full release, it will allow players to build their own karts from the chassis up and race on 10 officially licensed, laser-scanned tracks with 20 official kart manufacturers.
DFS

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07:11 EDT Discover announces alliance with Malaysia's PayNet - Discover and Payments Network Malaysia Sdn Bhd, or PayNet, have signed an agreement that will greatly expand acceptance for Discover, Diners Club International and network alliance cardholders in Malaysia. The agreement complements Discover's strategy of growing acceptance in Asia Pacific to support existing partners in countries such as Singapore, India, China and Japan by potentially opening acceptance at 10,000 ATM locations and more than 570,000 point-of-sale terminals throughout Malaysia. Discover has seen continued acceptance growth in the Asia Pacific region over the past few years with recent partnerships in China, Taiwan, Hong Kong, Cambodia, Vietnam and New Zealand, adding to multiple already established relationships. This resulted in acceptance in the region growing 14% in 2020.
AMAL

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07:11 EDT Amalgamated Bank sannounces CFO LaBenne departing, Jason Darby departing - Amalgamated Financial announced that Drew LaBenne, Senior Executive Vice President and Chief Financial Officer, has informed the Board of Directors of his decision to depart the Company to pursue a professional opportunity outside the banking industry. Mr. LaBenne plans to leave in late April 2021 and is expected to participate in the Company's first quarter earnings call. At that time, Jason Darby, currently Executive Vice President, Chief Accounting Officer, will become interim Chief Financial Officer. "We want to thank Drew for his many contributions over the past six years and wish him success in his new endeavor," said Lynne Fox, Board Chair and Interim President and Chief Executive Officer. "At the same time, illustrating the depth of our management team, we are very pleased that Jason Darby has accepted the position of Interim Chief Financial Officer. Since joining Amalgamated in 2015, Jason has consistently demonstrated extraordinary leadership, impressive financial acumen and deep knowledge of every facet of Amalgamated. We are confident this will be a smooth transition." Mr. LaBenne added, "I want to thank the Board for the opportunity to serve as Amalgamated Bank's Chief Financial Officer over the past six years. I am proud of the many accomplishments we have achieved together, and I leave knowing Amalgamated is in a very strong financial position with a bright future ahead. That said, I have been offered a position outside the banking sector which is a truly exceptional opportunity, and I feel now is the right time to pursue my next career challenge. I am very excited that Jason will succeed me as Interim Chief Financial Officer. Jason and I first worked together in 2007 at Capital One and have continued our working relationship for nearly 15 years. Jason is an extraordinarily skilled professional who has the full respect of the entire finance team, the Board, and the Bank's executive leadership."
ALT

Hot Stocks

07:09 EDT Altimmune, Summit Biosciences partner for nasal spray presentation of AdCOVID - Altimmune announced that it has retained Summit Biosciences to manufacture a metered nasal spray presentation of AdCOVID, its intranasal COVID-19 vaccine candidate. AdCOVID is an adenovirus-vector vaccine designed to stimulate a broad immune response following a single vaccination that includes both systemic immunity and local immunity in the nasal cavity and respiratory tract. AdCOVID is currently being evaluated in a Phase 1 clinical trial. The Phase 1 trial is evaluating the safety and immunogenicity of AdCOVID in healthy adult volunteers between the ages of 18 and 55. Subjects will receive AdCOVID at one of three dose levels administered as a nasal spray. In addition to the primary study endpoint of safety and tolerability, the immunogenicity of AdCOVID will be evaluated by serum IgG binding and neutralizing antibody titers, mucosal IgA antibody from nasal samples, and T cell responses. Altimmune anticipates having a data readout from this Phase 1 trial in Q2 2021.
AVEO

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07:09 EDT Aveo Oncology reports U.S. availability of Fotivda ahead of previous guidance - AVEO Oncology announced that FOTIVDA is now commercially available in the United States ahead of the previous March 31, 2021 guidance. On March 10, 2021, the U.S. Food and Drug Administration approved FOTIVDA for the treatment of adults with relapsed or refractory advanced renal cell carcinoma following two or more prior systemic therapies. FOTIVDA is an oral, next-generation vascular endothelial growth factor tyrosine kinase inhibitor. "We are thrilled to begin bringing FOTIVDA to patients battling relapsed or refractory kidney cancer," said Michael Bailey, president and chief executive officer of AVEO. "With its differentiated tolerability and efficacy profile, FOTIVDA has the potential to serve as a meaningful, evidence-based treatment option for the population of patients who have previously received two prior lines of systemic therapy."
USAP

Hot Stocks

07:08 EDT Universal Stainless & Alloy announces resignation of CFO Christopher Scanlon - Universal Stainless & Alloy Products announced that Christopher T. Scanlon has tendered his resignation as Vice President Finance, Chief Financial Officer and Treasurer effective March 19 to pursue a new opportunity. Chairman, President and CEO Dennis Oates commented: "I would like to thank Chris for his service, dedication and contributions to Universal Stainless during challenging times for our industry and our company. I wish him all the best in his future endeavors." Mr. Scanlon added: "I appreciate the many opportunities afforded to me during my tenure at Universal Stainless. It was a pleasure working with the entire team and I wish all of them continued success."
FFIV MSFT

Hot Stocks

07:08 EDT F5 appoints two new senior executives, Yvette Smith and Gail Coury - F5 (FFIV) announced the appointment of two senior executives as the company bolsters its focus on customer success, business transformation, and cybersecurity. Yvette Smith joins the company as Senior Vice President of Customer Success and Business Transformation and Gail Coury, who joined F5 in 2018, has been promoted to Senior Vice President and Chief Information Security Officer, effective March 1. Coury will oversee the expansion of F5's cybersecurity organization with responsibility for F5's enterprise security, the security of the company's product and service offerings, and showcasing to customers and the industry the use of F5 security technologies. Smith comes to F5 from Microsoft (MSFT) where she most recently led the customer success programs for their $60B+ Commercial Cloud business.
RCKT

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07:07 EDT Rocket announces update preliminary clinical data from Phase 1 trial - Rocket Pharmaceuticals announces updated preliminary clinical data from its Phase 1 trial of RP-L301 for the treatment of Pyruvate Kinase Deficiency, showing durable normalization of hemoglobin levels up to 6 months following therapy and similar 3-month trends in the second patient treated. Additionally, results showed sustained safety and tolerability of RP-L301 6 months after treatment. "The positive updates on our PKD trial represent continued validation of RP-L301's robust potential benefit in addressing the challenges of PKD. We are pleased to report that updated patient 1 results show that RP-L301 continues to safely normalize hemoglobin levels as demonstrated by an increase from an average of approximately 7.4 g/dL at baseline to 13.9 g/dL at 6-months post-treatment with no transfusion requirements after hematopoietic reconstitution," said Jonathan Schwartz, M.D. Chief Medical Officer and Senior Vice President of Rocket. "A similar trend in hemoglobin and bilirubin normalization were observed at three months post-treatment in patient 2. We are excited to share this data as results show the potential of RP-L301 to address the extensive burden PKD places on patients and their families. We look forward to presenting more comprehensive and updated data at a scientific venue this year." RP-L301 continued to be well tolerated, with no serious safety issues or infusion-related complications observed up to 6-months post treatment.
EQX

Hot Stocks

07:07 EDT Equinox Gold: Positive feasibility study for Castle Mountain Phase 2 expansion - Equinox Gold is pleased to announce the results of a Feasibility Study for the Phase 2 expansion at the company's 100%-owned Castle Mountain Gold Mine located in California, USA. On a standalone basis, Phase 2 is expected to produce 3.2M ounces of gold at average all-in-sustaining costs of $858 per oz of gold sold. Using the base case $1,500/oz gold price, Phase 2 has an after-tax net present value of $640M and an internal rate of return of 18%. Castle Mountain achieved Phase 1 commercial production in November 2020, with expected production of 30,000 to 40,000 oz of gold annually. The current operation consists of a run-of-mine heap leach facility placing 12,700 tonnes of ore per day. Phase 2 will expand ROM heap leaching and incorporate milling of higher-grade ore, increasing production to an average of 218,000 oz per year for 14 years followed by leach pad rinsing to recover residual gold. Life-of-mine production including Phase 1 operations and end of mine life rinsing is estimated at 3.4M oz of gold.
PASG ACAD

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07:07 EDT Passage Bio appoints Eliseo Salinas as chief R&D officer - Passage Bio (PASG) announced it has appointed Eliseo Salinas, M.D., MSc, as the company's chief research & development officer. Dr. Salinas joins the company from Acadia Pharmaceuticals (ACAD), where he served as chief scientific officer and senior vice president, External Innovation.
WINT

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07:04 EDT Windtree Therapeutics extends collaboration with University of Milan-Bicocca - Windtree Therapeutics announced the company is extending its collaboration with the University of Milan-Bicocca for the discovery and development of new SERCA2a compounds for the potential treatment of chronic and acute human heart failure. Over the next 12 months, the program will focus on the further characterization of Windtree's SERCA2a activators and their interaction with SERCA2a and associated regulatory proteins.
HCDI

Hot Stocks

07:04 EDT Harbor Custom Development closes purchase of 22 lots for approx. $3.9M - Harbor Custom Development announced that it has closed on the purchase of 22 developed lots in Rocklin, California for $3,944,050. Located just over 21 miles from downtown Sacramento, the Rocklin subdivision will offer single family homes ranging in size from 2,300 to 3,000 square feet with pricing currently anticipated to range from $800,000 to $1,000,000. Situated adjacent to Quarry Park, the adventure park provides home buyers access to a variety of outdoor recreational activities. Harbor Custom Homes anticipates commencing construction of the four and five bedroom homes beginning in the second quarter of 2021.
AZRX

Hot Stocks

07:03 EDT AzurRx BioPharma completes enrollment in Phase 2 trial of MS1819 - AzurRx BioPharma announced it has completed enrollment in its Phase 2 trial evaluating MS1819 in combination with the current standard of care, porcine-derived pancreatic enzyme replacement therapy, for the treatment of severe exocrine pancreatic insufficiency in patients with cystic fibrosis. The Phase 2 combination clinical trial of MS1819 is a multi-center study designed to investigate the safety, tolerability and efficacy of escalating doses of MS1819, in conjunction with a stable dose of PERT in order to increase the patient's coefficient of fat absorption levels and relieve abdominal symptoms. The study enrolled 18 patients, 12 years of age or older, with severe EPI. Patients enrolled in the study receive escalating doses of 700mg, 1200mg, and 2240mg of MS1819 once daily for 15 days per dosing level, in addition to their standard PERT dose. Baseline CFA is established by measuring CFA levels while on standard of care therapy only, before beginning combination therapy. Eligibility requires a CFA of less than 80%. The primary efficacy endpoint of the trial is improvement in CFA; secondary endpoints of the study are improvements in the stool weight, stool consistency, number of bowel movements, the incidence of steatorrhea, and increase of body weight. Previously reported results from the initial five patients in the trial revealed that the combination therapy led to clinically meaningful improvements in the primary efficacy endpoint, the CFA, and improvements in the key secondary endpoints, including body weight, stool consistency and reductions in the number of bowel movements and the incidence of steatorrhea.
RDHL

Hot Stocks

07:03 EDT RedHill Biopharma provide opaganib treatment under compassionate use exemption - RedHill Biopharma announced that it has acted on a request to provide opaganib treatment on an outpatient basis under compassionate use exemption for several Swiss patients suffering from COVID-19 pneumonia. Acting rapidly to ensure emergency transport and supply of drug, treatment was initiated with orally-administered opaganib within the past week. Opaganib is a novel, orally-administered sphingosine kinase-2 inhibitor with demonstrated dual anti-inflammatory and antiviral activity, targeting a human cell component involved in viral replication and therefore expected to be effective against emerging viral variants with mutations in the spike protein.
SIX

Hot Stocks

07:03 EDT Six Flags announces reopening of Six Flags Great America parks - Six Flags Entertainment Corporation announced that another of its parks has received state authorization to reopen with a full complement of rides and attractions. Six Flags Great America, in Gurnee, Illinois, will open for its 45th year on April 24, 2021. In addition, the waterpark in Gurnee will open with a separate gate on May 29, at which time Hurricane Harbor Chicago will become the company's 27th park. The parks will operate at reduced attendance levels, in accordance with state reopening guidelines for theme parks, utilizing a reservation system. The park will also continue to implement the extensive safety measures introduced during its Holiday in the Park Lights event in 2020. "We are thrilled to add Six Flags Great America to the growing list of Six Flags parks that are either already open or have a firm reopening date, including Hurricane Harbor Rockford," said Senior Vice President of Park Operations, Bonnie Weber. "Last year, we safely entertained nearly seven million guests in adherence to government and CDC health guidelines, and we continue to set the standard for safe operations at each of our parks," continued Weber.
CUB

Hot Stocks

07:02 EDT Cubic awarded Sailor 2025 Ready, Relevant Learning contract - Cubic Corporation announced its Cubic Mission and Performance Solutions business division was awarded the U.S. Navy's Sailor 2025 Ready, Relevant Learning Fiscal Year 2021 Content Conversion Indefinite Delivery/Indefinite Quantity contract. The single-source IDIQ has a $92.3M contract ceiling and a four-year ordering period. Under the contract, Cubic will deliver the third wave of content conversion under the RRL pillar of Sailor 2025. This includes the design, development and delivery of modernized training content, including courseware training products for the Navy ratings Fire Control Technician, Master at Arms, Aviation Structural Mechanic, Electronics Technician Navigation, Submarines, Mineman, Information Systems Technician and Aviation Machinist's Mate. Work will be performed in Orlando, Florida and is expected to be completed in early 2025.
APO

Hot Stocks

07:01 EDT Marc Rowan assumes CEO role of Apollo Global - Apollo Global Management announced that co-founder Marc Rowan has formally assumed the role of CEO of Apollo, which comes as part of a planned succession process first announced in January 2021. In addition, former SEC Chairman and Apollo's Lead Independent Director Jay Clayton has been named Non-Executive Chairman of the Board of Directors. In these roles, Rowan and Clayton succeed Apollo Founder Leon Black. Apollo has also appointed Richard Emerson and Dr. Kerry Murphy Healey as independent board directors, effective immediately.
MTSI

Hot Stocks

07:00 EDT Macom announces $100M repayment of outstanding term loans - MACOM Technology Solutions Holdings announced that it will be utilizing $100M of its available cash and cash equivalents and short-term investments to paydown a portion of its outstanding term loans. The term loans are secured and have an original maturity date of May 2024. "Reduction of debt and interest expense is a priority," stated Stephen G. Daly, President and CEO. "Our strategy is to strengthen our product portfolio while improving profitability."
F

Hot Stocks

06:58 EDT Ford announces FORDLiive connected uptime system for commercial vehicles - Ford announced FORDLiive - which it calls "a new connected uptime system designed to help Ford commercial vehicle operators increase their productivity by maximizing vehicle uptime." Ford said: "FORDLiive promises to transform the way Ford customers run and maintain their vehicles, by reducing the number of breakdowns, enabling fewer time-consuming visits to dealer workshops, and achieving quicker servicing and repair times. Ford projections show FORDLiive can potentially reduce vehicle downtime by up to 60%." FORDLiive will be available free-of-charge on Ford commercial vehicles for European customers, with small businesses and larger fleets able to access its benefits through the FordPass Pro app and a dedicated version of the Ford Telematics tool respectively. Reference Link
THS

Hot Stocks

06:56 EDT TreeHouse appoints Ann Sardini as board chair - TreeHouse Foods announced that its Board of Directors has elected Ann Sardini as Chair of the Board, effective as of the Annual Meeting of Stockholders in April 2021. Ms. Sardini has served as an independent TreeHouse Director since May 2008 and succeeds Gary Smith. Smith, who has served as Chairman of the Board since July 1, 2018, will remain on the Board. Sardini currently leads a strategic consulting practice advising companies in the areas of growth, mergers and acquisitions, capital restructuring and other value-creating strategies.
TRIP

Hot Stocks

06:50 EDT TripAdvisor announces $300M convertible notes offering - Tripadvisor announced that it intends to offer $300M aggregate principal amount of convertible notes due 2026 in a private offering. Tripadvisor also intends to grant to the initial purchasers of the Notes an option to purchase up to an additional $45M aggregate principal amount of the Notes within a 13-day period beginning on, and including, the initial closing date. The Notes will be senior unsecured obligations of Tripadvisor and will be guaranteed by each of its domestic subsidiaries that guarantees Tripadvisor's credit facility. Tripadvisor intends to use a portion of the net proceeds from the offering to fund the net cost of entering into the capped call transactions described below. Tripadvisor intends to use the remainder of the net proceeds from this offering for general corporate purposes, which may include repayment of debt, including the redemption of its 2025 Senior Notes prior to maturity. Net proceeds may be temporarily invested prior to use. If the initial purchasers exercise their option to purchase additional notes, then Tripadvisor intends to use a portion of the additional net proceeds to fund the cost of entering into additional capped call transactions as described below.
STC

Hot Stocks

06:49 EDT Stewart acquires A.S.K. Services, terms not disclosed - Stewart Information Services announced the acquisition of A.S.K. Services, strengthening and expanding its title production resources for independent agency partners. A.S.K. Services is a premier provider of search and support services to the title industry, currently operating in five states and 312 counties.
SCOR

Hot Stocks

06:49 EDT Comscore enters agreement with Fort Myers Broadcasting Company - Comscore announced a new agreement to provide Fort Myers Broadcasting Company with Comscore's local TV measurement currency across their Southwest Florida television stations, including WINK-TV. Fort Myers Broadcasting's WINK-TV is Southwest Florida's first television station, debuting in 1954, and produces over 60 hours of news coverage each week.
LTRPA

Hot Stocks

06:48 EDT Liberty TripAdvisor to repurchase portion of preferred shares from Certares - Liberty TripAdvisor Holdings announced that it has entered into an agreement with an affiliate of Certares Management whereby Liberty TripAdvisor expects to repurchase in a private transaction approximately 40% of the 8% Series A Cumulative Redeemable Preferred Stock of Liberty TripAdvisor held by Certares. The Preferred Shares will be repurchased in exchange for a combination of: $92M value of Tripadvisor common stock, and Net proceeds from a proposed new issuance by Liberty TripAdvisor of Exchangeable Senior Debentures with Tripadvisor common stock underlying, less Approximately $35M to fund Liberty TripAdvisor's anticipated working capital needs for several years; An amount sufficient to fund interest payments anticipated under the proposed Exchangeable Debentures through March 27, 2025, the mandatory redemption date for the Preferred Shares and Certain transaction expenses. In the Repurchase Agreement, Certares has (1) agreed to permanently waive the right to cause Liberty TripAdvisor to redeem Preferred Shares prior to the mandatory redemption date, (2) granted Liberty TripAdvisor the option to repurchase all or a portion of the remaining Preferred Shares on or after March 27, 2024, and (3) agreed to hold the Tripadvisor shares for a period of at least six months. Liberty TripAdvisor has agreed to provide Certares with the right to transfer up to 49% of the remaining Preferred Shares outstanding following the completion of the repurchase pursuant to the Repurchase Agreement, subject to its consent. Any future transferee of Preferred Shares will be required to agree to the waiver of the Put Right and the grant of the Call Right.
BWMX

Hot Stocks

06:48 EDT Betterware de Mexico acquires 60% of GuruComm for 45M pesos - Betterware de Mexico announced that it acquired 60% of GuruComm, a Mobile Virtual Network Operator and Communications Software developer, with an Enterprise Value of 75M pesos. The purchase price is 45M pesos and the investment was paid out of existing cash on the Company's balance sheet. The Company does not expect the acquisition to be material to fiscal year 2021 results and is maintaining its guidance provided when it reported fourth quarter and fiscal year 2020 results on February 18, 2021. GuruComm will operate within Betterware, as Betterware Connect, led by the existing GuruComm management team. The addition of GuruComm to the Betterware portfolio positions the Company to disrupt the home technology solutions market in Mexico by combining Betterware's highly efficient distribution network of 1.3 million distributors and associates and its vast and loyal customer base with the innovation and technology product and software expertise of GuruComm. Betterware Connect intends to launch technology-based home solutions through three different product segments: MVNO including mobile voice and data, personal hotspot, and fixed wireless broadband offerings; Smart Home including a range of Smart Home and Smart Device solutions; Home Apps including Home Software-based solutions for a variety of household needs and tasks. The business will be launched in four stages, described below: Distributors and associates will have the opportunity to purchase Betterware Connect products. Distributors and associates will sell Betterware Connect products to consumers. Betterware Connect plans to launch new products that are connected to its network. Betterware Connect expects to introduce smart home products.
SWTX BAYRY

Hot Stocks

06:34 EDT SpringsWorks Therapeutics names Bhavesh Ashar as Chief Commercial Officer - SpringWorks Therapeutics (SWTX) announced that Bhavesh Ashar has been appointed Chief Commercial Officer. Ashar has more than 20 years of global pharmaceutical and biotechnology experience, most recently having served as Senior Vice President, General Manager of U.S. Oncology at Bayer Healthcare (BAYRY). Ashar will build and lead commercial operations at SpringWorks as the company continues to advance its diversified targeted oncology portfolio, which includes two potentially registrational rare oncology programs.
SPRT

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06:33 EDT Support.com, Greenidge Generation Holdings announce merger pact - Greenidge Generation Holdings announced it expects to become a Nasdaq listed company through a merger with Support.com. The companies have signed a definitive agreement to merge in a stock-for-stock transaction, subject to Support.com shareholder approval and other customary closing conditions. Upon closing of the proposed transaction, Support.com will become a wholly-owned subsidiary of Greenidge, which is expected to be listed on Nasdaq. Greenidge's environmentally-sound 106 MW natural gas plant currently powers 19 MW of mining capacity, which is expected to more than double to 41 MW by the end of Q2 2021 and reach 85 MW by the end of 2022. Greenidge is expected to be the only U.S. public company operating a vertically integrated power generation asset and bitcoin mining operation and plans to replicate its vertically integrated mining model at other power sites and expects to achieve at least 500 MW of mining capacity by 2025. Support.com remains a leader in customer and technical support solutions delivered by home-based employees. Upon completion of the merger, stockholders and optionholders of Support.com will collectively own approximately 8% of Greenidge's outstanding Class A common stock. The Merger Agreement specifies that approximately 5% of Greenidge common stock will be paid to Support.com shareholders in consideration for the Support.com operating and other assets, and approximately 3% will be paid in consideration for the estimated $33 million of cash expected to be on Support.com's balance sheet at Closing using a formula set forth in the merger agreement. Based on Support.com's closing share price on March 19, 2020, Support.com stockholders would receive approximately 0.124 shares of Class A common stock of Greenidge for each share of Support.com. As a condition to Greenidge's entry into the merger agreement, 210 Capital, LLC acquired approximately 3.9M shares of Support.com in a private placement. In addition, in connection with the merger agreement, 210 Capital LLC and certain other Support.com shareholders, who together with 210 Capital LLC hold approximately 30% of the outstanding voting stock of Support.com, entered into an agreement with Greenidge to vote such stock in favor of the merger. Following the private placement, Support.com has approximately 23.6M shares outstanding. The parties expect that the merger will be completed in Q3.
CLR

Hot Stocks

06:31 EDT Continental Resources announces redemption of balance of 5% senior notes - Continental Resources announced that it will redeem the balance of the $230,782,000 in aggregate principal amount currently outstanding, of its 5% Senior Notes due 2022 on April 22, 2021, the redemption date for the Notes.
VVI

Hot Stocks

06:19 EDT Viad acquires 60% controlling interest in Golden Skybridge for about $12M - Viad announced the acquisition of a controlling interest in a new attraction, the Golden Skybridge. "We have expanded Pursuit's collection of unforgettable and inspiring attractions and hospitality experiences with the addition of a new attraction located in the Canadian Rockies. The Golden Skybridge features the two highest suspension bridges in Canada, which span almost 500 feet across an expansive canyon, as well as a canyon-edge nature walk and viewing platforms that offer breathtaking views of a roaring 200-foot waterfall, serene mountain river and the surrounding vistas of the iconic Columbia and Rocky Mountain ranges. The attraction is expected to open in May 2021 and will be expanded to include a bungee swing and a zipline across the canyon later this summer. We acquired a 60% controlling interest in the Golden Skybridge attraction for a cash purchase price of approximately $12M, of which approximately $4.8M will be used to fund remaining start-up costs and the development of additional activities, including the zipline and bungee swing. Our liquidity position, after completing the acquisition, was approximately $227M as of March 19, 2021, comprising approximately $37.5M in unrestricted cash, approximately $144.2 million of available capacity on our revolving credit facility, and an additional $45M available to us through a delayed draw commitment from Crestview Partners."
AYTU...

Hot Stocks

06:16 EDT Aytu BioScience closes merger with Neos Therapeutics - Aytu BioScience (AYTU) announced the closing of its merger with Neos Therapeutics (NEOS). The combined, publicly traded company will focus on maximizing its commercial portfolio of prescription therapeutics and consumer health products and building a complementary novel therapeutic development pipeline that will address significant unmet needs. The combined company has begun operating under the name Aytu BioPharma, and its shares of common stock will continue to trade on Nasdaq under the ticker "AYTU." "This merger with Neos Therapeutics transforms Aytu into a $100M revenue specialty pharmaceutical company with annualized cost synergies of $15M anticipated in 2022. With this close, we are in a strong position to enhance our footprint in pediatrics and expand our presence in adjacent specialty care segments. We also are excited to immediately start leveraging RxConnect, a best-in-class patient support program, for our product portfolio of best-in-class prescription therapeutics and consumer health products," said Josh Disbrow, CEO of Aytu BioPharma. "We greatly appreciate the support of our new and existing shareholders in supporting this merger and hope to continue this momentum of driving shareholder value." Concurrent with the closing of the merger, former Neos Therapeutics board members Beth Hecht and Jerry McLaughlin have joined the Aytu BioPharma Board of Directors. Ketan Mehta has resigned his position from the Aytu Board of Directors. Hecht currently serves as Senior Vice President, General Counsel and Corporate Secretary of Xeris Pharmaceuticals (XERS). McLaughlin most recently served as President, CEO, and member of the Board of Directors for Neos Therapeutics from 2018 until the closing of the merger with Aytu BioPharma. The closing of the merger follows the satisfaction of all customary closing conditions, including required approvals by shareholders of both Aytu and Neos at each company's Special Meeting which were each held on March 18, 2021.
LPTX

Hot Stocks

06:10 EDT Leap Therapeutics presents clinical data from Phase 2 trial of DKN-01 - Leap Therapeutics announced the presentation of clinical data from its Phase 2 clinical trial of DKN-01 as a monotherapy and in combination with paclitaxel in patients with advanced gynecological malignancies at the Society of Gynecologic Oncology 2021 Annual Meeting on Women's Cancer, being held as a virtual meeting from March 19-25, 2021. DKN-01 is a humanized monoclonal antibody that binds to and blocks the activity of the Dickkopf-1 protein, leading to the activation of the innate immune system in the tumor microenvironment and anti-tumor activity. The P204 study was a Phase 2 basket study evaluating DKN-01 as a monotherapy or in combination with paclitaxel in groups composed of epithelial endometrial cancer, epithelial ovarian cancer, or carcinosarcoma patients. The primary endpoint of the P204 study was overall response rate, and secondary endpoints include disease control rate and progression-free survival. In each group, at least fifty percent of patients were required to have specified Wnt signaling pathway alterations, a subgroup of which are known to drive high tumoral DKK1 expression. Tumoral DKK1 expression was determined retrospectively by RNAscope chromogenic in situ hybridization and correlated with clinical outcomes. One hundred-eleven patients were enrolled in the study, including 29 EEC patients in a DKN-01 monotherapy group, 24 EEC patients in a DKN-01 plus paclitaxel group, 14 EOC patients in a DKN-01 monotherapy group, 19 EOC patients in a DKN-01 plus paclitaxel group, 9 MMMT patients in a DKN-01 monotherapy group, and 16 MMMT patients in a DKN-01 plus paclitaxel group. The key findings from the study were: EEC patients and patients with Wnt activating mutations express higher levels of DKK1: EEC patients expressed higher levels of DKK1 and had a higher frequency of Wnt activating mutations than patients with EOC. Within EEC, patients with endometrioid histology had higher DKK1 expression than those with non-endometrioid histology. Patients whose tumors had Wnt activating mutations expressed 14.4 times higher levels of DKK1. DKN-01 has enhanced activity in patients whose tumors express high levels of DKK1: In the group of 22 EEC patients treated with DKN-01 monotherapy for whom DKK1 expression data was available, patients with DKK1-high tumors had greater ORR, DCR, and median PFS compared to patients with DKK1-low tumors. Additionally, seven patients did not have DKK1 expression results available, of whom one had a complete response and five had a best response of stable disease, including three patients with Wnt activating mutations. In the group of 24 EEC patients treated with DKN-01 plus paclitaxel, 72% of whom had received three or more prior systemic therapies, DKK1-high patients had improved median PFS compared to DKK1-low patients. Four patients did not have DKK1 expression data available. Within EEC, DKN-01 activity strongest in endometrioid histology: In the pooled group of 27 patients with endometrioid histology for whom DKK1 expression data was available, patients with DKK1-high tumors had greater DCR and median PFS than patients with DKK1-low tumors. Additionally, seven patients with endometrioid histology did not have DKK1 expression results available, of whom one had a complete response and five had a best response of stable disease, including two patients with Wnt activating mutations.
AEYE

Hot Stocks

06:07 EDT AudioEye appoints Chris Hundley as CTO - AudioEye announced Chris Hundley has joined the company as chief technology officer. Chris will lead AudioEye's engineering organization to support the Company's growth and its mission to make digital content accessible to everyone. Chris was most recently at Drift, where he led the transition and integration of his company Siftrock into the Drift family of products, branded as Drift Email.
SLSSF

Hot Stocks

06:06 EDT Solaris Resources reports assay results from drilling program at Warintza - Solaris Resources is pleased to report assay results from a series of additional holes from the ongoing resource growth and discovery diamond drilling program at its Warintza Project in south-eastern Ecuador. Highlights: Three additional holes at Warintza Central have returned long intervals of high-grade mineralization, with the highest grades starting from surface, and extending mineralization between the eastern and western drilling and stepping out to the southwest. SLS-14 was collared on the western side of Warintza Central and drilled into an open volume to the east, returning 922m of 0.94% CuEq from surface, including 850m of 0.98% CuEq, significantly extending the limits of mineralization SLS-15 returned 1,002m of 0.60% CuEq from surface, including 694m of 0.67% CuEq within a broader interval of 1,229m of 0.56% CuEq, stepping out to the southeast and extending mineralization to depth SLS-16 returned 958m of 0.77% CuEq from near surface, including 486m of 0.84% CuEq, extending mineralization between the eastern and western drilling at Warintza Central To date, 20,200 metres have been drilled at Warintza Central in 25 holes of which results have been reported for 16; drilling is ongoing with six rigs currently operating and increasing to 12 by mid-year.
KBR

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06:03 EDT KBR announces commissioning of ammonia revamp project fro Acron PJSC - KBR announced the commissioning of its ammonia revamp project for Acron PJSC, at its Dorogobuzh site in Russia. The plant performance post revamp has surpassed all guaranteed parameters. This plant was revamped to enhance the ammonia production capacity from its original 1360 MTPD to 2100 MTPD and reduce energy consumption. KBR provided technology license, basic engineering design package, proprietary equipment, post-engineering and commissioning services. This ammonia plant was revamped using KBR KRES technology.
BRTX

Hot Stocks

06:03 EDT BioRestorative Therapies announces NOA for three patent applications - BioRestorative Therapies announced that the United States Patent Office and several International agencies have issued notices of allowance for three separate patent applications related to the company's metabolic ThermoStem Program. The notices of allowance were for a total of three patent applications and covered the United States, Israel, France, Germany, Italy, Spain, and the United Kingdom. The applications have issued or are expected to issue as patents in 2021. These patent allowances will allow for the protection of a specific isolated human brown adipose tissue-derived stem cell capable of differentiating into multiple cell types and their applications. This particular cell possesses strong characteristics applicable for potential therapeutic uses for treating a wide range of degenerative and metabolic disorders with billion-dollar market opportunities.
UCL

Hot Stocks

06:02 EDT uCloudlink enters partnership with PT Harapan Karunia Makmur - UCLOUDLINK GROUP is actively expanding its presence in Southeast Asia through a new alliance with PT Harapan Karunia Makmur, an information and communication technology products and services distributor based in Jakarta. The two parties have inked a partnership agreement that will see HKM manufacture and distribute mobile broadband related devices and data connectivity services in Indonesia. As part of the cooperation, uCloudlink will cooperate with HKM to assemble into finished mobile broadband related products. HKM will then distribute these mobile devices and help sell uCloudlink's mobile data connectivity services in Indonesia. Powered by uCloudlink's patented Cloud SIM technology, HKM's mobile broadband related devices will provide users with fast, easy and stable mobile connectivity domestically and abroad. The alliance is an important step in uCloudlink's expansion into the Southeast Asia market, and showcases the adaptability of uCloudlink's technologies and connectivity services. In addition to working with HKM, uCloudlink has teamed up with other local partners to further accelerate its presence in the region. Also, the company strengthened its existing partnership with Shore-Access Marine Consultancy, an international communication service provider based in the Philippines. Already a global distributor of uCloudlink's flagship GlocalMe devices, the expanded cooperation will see Shore Access distribute uCloudlink's mobile CPE router and mobile data connectivity services in the Philippines, Japan, Australia and Africa.
GOOG GOOGL

Hot Stocks

06:01 EDT Google payments chief Caesar Sengupta quits after 15 years - Caesar Sengupta, vice president and general manager of Google's payments and the "Next Billion Users" initiative, said in a LinkedIn post: "After ~15 wonderful years at Google I have decided to venture out and start on a new mission. I remain very positive about Google's future but it's time for me to see if I can ride without training wheels. I leave Google, heart full of gratitude, joy and many many deep friendships. Am uncomfortably excited about the future. Wish me luck!... My last day at Google will be April 30th. I haven't decided what I will start next." Reference Link
HAL

Hot Stocks

06:01 EDT Halliburton Labs opens second application round - Halliburton Labs announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program. The application deadline is April 23. Halliburton Labs will invite selected applicants to pitch for a spot in the program on May 21, at the Halliburton Labs Finalist Pitch Day. The pitch day will be delivered as a major clean tech event hosted as part of the Houston Tech Rodeo, a festival that celebrates the convergence of popular culture and technology in Houston.
COIN

Hot Stocks

05:10 EDT Coinbase ordered to pay $6.5M by CFTC for false, misleading reporting - The Commodity Futures Trading Commission on Friday issued an order filing and settling charges against digital asset exchange operator Coinbase Inc., based in San Francisco, California, for reckless false, misleading, or inaccurate reporting as well as wash trading by a former employee on Coinbase's GDAX platform. The order requires Coinbase to pay a civil monetary penalty of $6.5M and to cease and desist from any further violations of the Commodity Exchange Act or CFTC regulations, as charged. According to the order, between January 2015 and September 2018, Coinbase recklessly delivered false, misleading, or inaccurate reports concerning transactions in digital assets, including Bitcoin, on the GDAX electronic trading platform it operated. During this period, Coinbase operated two automated trading programs, Hedger and Replicator, which generated orders that at times matched with one another. The GDAX Trading Rules specifically disclosed that Coinbase was trading on GDAX, but failed to disclose that Coinbase was operating more than one trading program and trading through multiple accounts. In addition, the order finds that while Hedger and Replicator had independent purposes, in practice the programs matched orders with one another in certain trading pairs, resulting in trades between accounts owned by Coinbase. Coinbase included the information for these transactions on its website and provided that information to reporting services, either directly or through access to its website. The order also finds that over a six-week period-August through September 2016-a former Coinbase employee used a manipulative or deceptive device by intentionally placing buy and sell orders in the Litecoin/Bitcoin trading pair on GDAX that matched each other as wash trades. Reference Link
BPTS

Hot Stocks

05:05 EDT Biophytis receives 'favorable' opinion from DMC on safety of Sarconeos in study - BIOPHYTIS SA announces that the independent Data Monitoring Committee for the COVA study has delivered a favorable opinion on the safety of Sarconeos in patients infected with COVID-19, following the scheduled interim analysis of the 50 participants from Part 1 of the study, as well as the progression of patients enrollment, which has now reached 97 of the 155 planned for the second interim analysis. A total of 28 clinical centers of the 30 targeted are now opened and recruiting in the United States, Brazil, France and Belgium. Upon the second interim analysis, based on the safety and efficacy data from 155 patients, the DMC will re assess the total size of the cohort, estimated today at 310 patients, and the continuation of the trial. The COVA clinical program is a global, multicenter, double-blind, placebo-controlled, group-sequential and adaptive design two-part study. It is a Phase 2-3 study that assesses Sarconeos in patients aged 45 and older, hospitalized with severe respiratory manifestations of COVID-19 Part 1 of the COVA Study is a Phase 2 exploratory proof of concept study providing preliminary data on the safety, tolerability and activity of Sarconeos in 50 hospitalized patients with severe respiratory manifestations related to COVID-19. Part 2 of the COVA Study is a Phase 3 randomized study investigating the safety and efficacy of Sarconeos on the respiratory function of 310 COVID-19 patients, including the 50 patients from Part 1 of the study. The study results are expected in Q2 2021, subject to any COVID-19-related delays and the impact of the current pandemic.
AZN

Hot Stocks

05:03 EDT AstraZeneca Covid vaccine 79% effective in U.S. Phase III trial - The AstraZeneca U.S. Phase III trial of AZD1222 demonstrated statistically significant vaccine efficacy of 79% at preventing symptomatic COVID-19 and 100% efficacy at preventing severe disease and hospitalization, the company announced. Thie interim safety and efficacy analysis was based on 32,449 participants accruing 141 symptomatic cases of COVID-19. The trial had a 2:1 randomization of vaccine to placebo. Vaccine efficacy was consistent across ethnicity and age, Astra noted. In participants aged 65 years and over, vaccine efficacy was 80%. The vaccine was well tolerated, and the independent data safety monitoring board identified no safety concerns related to the vaccine, the company said. The DSMB conducted a specific review of thrombotic events, as well as cerebral venous sinus thrombosis with the assistance of an independent neurologist. The DSMB found no increased risk of thrombosis or events characterized by thrombosis among the 21,583 participants receiving at least one dose of the vaccine. AstraZeneca said it will continue to analyze the data and prepare for the primary analysis to be submitted to the Food and Drug Administration for Emergency Use Authorization in the coming weeks. In parallel, the primary analysis will be submitted for publication in a peer-reviewed journal. Amongst participants in the interim analysis, approximately 79% were white/Caucasian, 8% black/African American, 4% native American and 4% Asian, and 22% of participants were Hispanic. This Phase III trial included two doses administered at a four week interval. Reference Link
WAB SIEGY

Hot Stocks

05:02 EDT Wabtec wins order for London Underground with Siemens Mobility - Wabtec Corporation (WAB) secured an order to supply Siemens Mobility (SIEGY) with several products for the London Underground's Piccadilly Upgrade Program, the company announced. The deal, valued at more than $70M, is for brakes, air conditioning and ventilation, passenger information systems, and third-rail current collectors. Wabtec will supply the components for 94 new trains as an initial order.
LBPS

Hot Stocks

05:01 EDT 4D pharma completes merger with Longevity Acquisition Corporation - 4D pharma plc announced that its business combination with Longevity Acquisition Corporation, details of which were announced on 22 October 2020, has now become effective. 4D pharma's existing Board of Directors and management team will continue to lead the combined company. 4D will continue its operations in the discovery and development of Live Biotherapeutic products. The cash of $14.8M held by Longevity is now available to 4D. 4D American Depositary Shares are expected to commence trading today on the NASDAQ Global Market under the ticker 'LBPS.' JPMorgan Chase Bank, N.A. is acting as depositary bank for the ADSs. 4D pharma ordinary shares will continue to be admitted to trading on AIM under the ticker 'DDDD.' In addition, Merck Sharp & Dohme Corp. has now subscribed for 654,023 ordinary shares at the issue price of $1.53 in the private placement, details of which were announced on 17 March 2021, thereby raising an additional $1M. The gross proceeds of the private placement is now, in aggregate, approximately $25.03M. In total, 16,367,332 new ordinary shares have been subscribed pursuant to the private placement
RHHBY

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04:59 EDT Genentech: Tecentriq met primary endpoint in Phase III Mpower010 study - Genentech, a member of the Roche Group, announced that the Phase III IMpower010 study evaluating Tecentriq, compared with best supportive care, met its primary endpoint of disease-free survival at the interim analysis. Tecentriq showed a statistically significant improvement in DFS as adjuvant therapy following surgery and chemotherapy in all randomized Stage II-IIIA populations with non-small cell lung cancer. The magnitude of DFS benefit was particularly pronounced in the PD-L1-positive population. Follow-up will continue with planned analyses of DFS in the overall intent-to-treat population, which at the time of analysis did not cross the threshold, and overall survival data, which were immature at the time of interim analysis. Safety for Tecentriq was consistent with its known safety profile and no new safety signals were identified. Results from the IMpower010 study will be presented at an upcoming medical meeting and submitted to health authorities globally, including the U.S. Food and Drug Administration and the European Medicines Agency. "With these landmark results, Tecentriq has become the first cancer immunotherapy to help many people with resectable early lung cancer live longer without their cancer returning," said Levi Garraway, M.D., Ph.D., chief medical officer and head of Global Product Development. "We're excited by the clinical benefit adjuvant Tecentriq may bring to lung cancer patients, particularly in the PD-L1-positive population. We will submit these data to regulatory authorities as soon as possible." Tecentriq has previously shown clinically meaningful benefit in various types of lung cancer, with five currently approved indications in the U.S. It was the first approved cancer immunotherapy for front-line treatment of adults with extensive-stage small cell lung cancer in combination with carboplatin and etoposide, and also has four approved indications in NSCLC as either a single agent or in combination with targeted therapies and/or chemotherapies. Tecentriq is available in three dosing options, providing the flexibility to choose administration every two, three or four weeks.
VCEL...

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04:55 EDT Vericel to replace QEP Resources in S&P 600 at open on 3/22 - Diamondback Energy (FANG) has acquired QEP Resources (QEP) in a transaction that closed March 17.
EPC EXTN

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04:55 EST Edgewell Personal Care to replace Exterran in S&P 600 at open on 3/22 - Exterran is no longer representative of the small-cap market space.
FLS EPC

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04:55 EST Flowserve to replace Edgewell Personal Care in S&P 400 at open on 3/22
AVGO...

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04:55 EST Broadcom, T-Mobile, Linde set to move to S&P 100 at open on 3/22 - Broadcom (AVGO), T-Mobile (TMUS) and Linde (LIN) will replace Allstate (ALL), Kinder Morgan (KMI) and Schlumberger (SLB) in the S&P 100. Allstate, Kinder Morgan, and Schlumberger will remain in the S&P 500.
PENN...

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04:55 EST Penn National, Generac, Caesars set to move to S&P 500 at open on 3/22 - Penn National Gaming (PENN), Generac Holdings (GNRC) and Caesars Entertainment (CZR) will all move to the S&P 500, replacing SL Green Realty (SLG), Xerox Holdings (XRX) and Vontier (VNT), all of which will move to the S&P MidCap 400.
NXPI FLS

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04:55 EST NXP Semiconductors to replace Flowserve in S&P 500 at open on 3/22