Stockwinners Market Radar for April 26, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

FISV

Hot Stocks

20:04 EDT Fiserv selected by Caixa Economica Federal for merchant acquiring - Fiserv announced Caixa Economica Federal has selected Fiserv for merchant acquiring services. The companies have signed a 20-year agreement that will enable merchants in Latin America's largest economy to access innovative capabilities and accept payments through Fiserv. The deal was signed by CAIXA Cartoes, a fully owned subsidiary of CAIXA. Fiserv will support both card present and card not present transactions through CAIXA-branded POS terminals and a complete, online payment gateway solution.
ACY

Hot Stocks

20:02 EDT AeroCentury announces bankruptcy orders - AeroCentury announced orders entered in the chapter 11 bankruptcy case covering it and certain of its subsidiaries in the United States Bankruptcy Court for the District of Delaware as well as receipt of an audit opinion with going concern qualification. On April 22, 2021, the United States Bankruptcy Court for the District of Delaware entered an order authorizing and approving the funding of AeroCentury Corp.'s chapter 11 bankruptcy cases on a final basis. This final order authorizes AeroCentury's continued access to funding for its business operations and restructuring process, to the extent that such funding is available.
LULU

Hot Stocks

19:29 EDT Lululemon CEO sells 3K shares of common stock - In a regulatory filing, Lululemon disclosed that its CEO Calvin McDonald sold 3K shares of common stock on April 22nd in a total transaction size of $1.0M, reducing his stake by about 8%.
SCHW

Hot Stocks

19:27 EDT Charles Schwab chairman sells 47.2K shares of common stock - In a regulatory filing, Charles Schwab disclosed that its Chairman Charles Schwab sold 47.2K shares of common stock on April 26th in a total transaction size of $3.21M.
MQBKY

Hot Stocks

18:53 EDT Macquarie to acquire Bingo Industries for A$3.45 per share - Bingo Industries announced that it has entered into a Scheme Implementation Deed with Recycle and Resource Operations Pty Limited, an entity owned by Macquarie Infrastructure and Real Assets and its managed funds for the acquisition of all of the issued shares in BINGO pursuant to a scheme of arrangement. If the Scheme is implemented, BINGO shareholders will receive total cash consideration of A$3.45 per share, less any special dividend declared and paid to BINGO shareholders on or before the date of implementation of the Schem. Any Special Dividend is expected to be in the order of A$0.117 per BINGO share and fully franked, resulting in franking credits of approximately A$0.05 per BINGO share. A mixed cash and unlisted scrip alternative to the Cash Consideration of A$3.30 per BINGO share, comprised of A$1.32 in cash and the remainder in unlisted scrip in Recycle and Resource Holdings Limited is available to BINGO shareholders. Additionally, BINGO shareholders electing the Mixed Cash and Unlisted Scrip Alternative will be eligible for the Earn-out Dividend of up to A$0.80 per share. The Cash Consideration implies an equity value of approximately A$2.3B and an enterprise value of approximately A$2.6B.
RBC

Hot Stocks

18:40 EDT Regal Beloit increases dividend 10% to 33c - Regal Beloit declared a dividend of 33c per share. The dividend represents a 10% increase and is payable on July 16, to shareholders of record at the close of business on July 2. The company has paid a dividend every quarter since January 1961.
GILD

Hot Stocks

18:37 EDT Gilead takes steps to expand availability of remdesivir in India - Gilead Sciences announced that in response to the rapid increase in COVID-19 cases in India, the company is providing its voluntary licensing partners with technical assistance, support for the addition of new local manufacturing facilities and the donation of active pharmaceutical ingredient to rapidly scale up production of remdesivir. Remdesivir is approved in India for restricted emergency use for the treatment of suspected or laboratory confirmed COVID-19 in adults and children hospitalized with severe disease. In addition to providing support to its licensees to expand their local manufacturing capacity, Gilead will also donate at least 450,000 vials of Veklury (remdesivir) to help address the immediate needs of Indian patients. All seven of Gilead's licensees based in India have significantly accelerated production of remdesivir by scaling up their batch sizes, adding new manufacturing facilities and/or onboarding local contract manufacturers across the country. While these efforts are expected to increase availability of remdesivir in the coming weeks, Gilead will donate at least 450,000 vials of Veklury to the Government of India to help ease the immediate need for treatment. To safeguard against disruption of generic remdesivir supply to other low- and middle-income countries included as part of the voluntary licenses, Gilead is also committed to providing support to voluntary licensees based outside of India to increase their production capacity. Gilead's planned support will include the donation of API to licensees with a view to accelerate production.
TSCO

Hot Stocks

18:34 EDT Tractor Supply CEO: We focus on serving the rural lifestyle - In an interview on CNBC's Mad Money, Hal Lawton said Tractor Supply is seeing a revitalizing of the rural lifestyle, lead by millennials. The company has been gaining market share with core customers, but also with millennials. "We're a lifestyle retailer," he added. "Our customers have two acres or more."
ARRY PRIM

Hot Stocks

18:21 EDT Array Technologies awarded contract for up to 4GW of trackers from Primoris - Array Technologies (ARRY) announced it has been awarded a contract for up to 4GW of trackers from Primoris Services (PRIM), a leading provider of specialty contracting services. The contract includes a commitment to purchase 2.5GW of DuraTrack HZ v3 single-axis solar trackers that are scheduled to be used in more than 10 projects across North America and an option to purchase an additional 1.5GW for other projects. These projects will contribute to the expansion and adoption of solar energy and sustainability efforts. Shipments under the contract will commence in June.
TSLA

Hot Stocks

18:15 EDT Tesla CFO says did invest $1.5B in Bitcoin in Q1 and then sold 10% of that stake - Says allows customers to make vehicle deposits and final vehicle purchases in Bitcoin. Says Bitcoin was used while "looking for a place to store cash that wasn't immediately being used" and preserve liquidity. Says access to cash is super important ahead of the launch of Austin and Berlin factories. Says use of Bitcoin has proven so far as good decision.
INVH

Hot Stocks

18:07 EDT Invitation Homes receives investment grade rating from Moody's - Invitation Homes announced that the company has received a 'Baa3' rating with a Stable outlook from Moody's Investor Services. Moody's stated in its published report that its rating incorporates the company's "dominant platform as the largest single-family rental home operator in a highly fragmented sector, backed by a stable and flexible balance sheet with a good liquidity and funding profile to support growth." The report added that the company's "large and substantially unencumbered portfolio is located in sought-after residential neighborhoods with attractive demand drivers and high-growth potential.
IBTX

Hot Stocks

18:06 EDT Independent Bank raises dividend 6.7% to 32c - Independent Bank announced that its Board of Directors declared a quarterly cash dividend in the amount of 32c per share of common stock. The dividend will be payable on May 20 to stockholders of record as of the close of business on May 6.
TSLA

Hot Stocks

18:02 EDT Tesla CFO says launched and began ramp of Model Y sales in Shanghai - Says achieved positive gross margin in the first quarter. Says reduction in Model S and X deliveries from Q4 to Q1 were a "meaningful headwind" to free cash flows and profit generation. Says experienced "expedite costs" in Q1, which were high than Q4, but the landscape is improving. Says feel optimistic about gross margin strength. Says continue to manage through multi-quarter backlog on Powerwall. Says remain on track for industry-leading operating margins. Says toward the end of the year, "our story" will pivot toward the launch and ramp of newest factories in Austin and Berlin. Comments taken from Q1 earnings conference call.
TSLA

Hot Stocks

17:52 EDT Tesla CEO says demand is 'best ever seen' - Says we are mostly out of supply chain shortage problem. Says to have high volume Model S production in Q3. Says demand for Model S and X will be quite high. Says expect to produce S and X at a rate of 2,000 per week. Says there is a lot to be excited about in 2021 and 2022, company should have limited volume production from Texas and Berlin factories this year. Comments taken from Q1 earnings conference call.
HAS BX

Hot Stocks

17:32 EDT Hasbro to sell Entertainment One Music for $385M in cash - Hasbro (HAS) announced that it has entered into a definitive agreement to sell Entertainment One Music for an aggregate price of $385M in cash. The transaction has been approved by the Board of Directors of Hasbro and Entertainment One Canada Limited, and is subject to customary closing conditions and receipt of regulatory approvals. eOne Music will be acquired by entities controlled by Blackstone (BX), which also owns SESAC, a leading music rights organization. Subsequent to the closing of the transaction, eOne Music will operate as a separate business unit headed by its current Global President, music industry veteran Chris Taylor, and will focus on building a creator-first music brand with global scale and expertise. Purchased by Hasbro in 2019 as part of its acquisition of Entertainment One, eOne Music is a n independent music business.
LMT

Hot Stocks

17:22 EDT Lockheed Martin awarded $138M Air Force contract modification for PPR2 program - Lockheed Martin has been awarded a not-to-exceed $138M modification to a contract for the Peace Phoenix Rising 2, or PPR2, program. The contract modification is for the development and fielding of capabilities for the Automatic Ground Collision Avoidance System and AGM-88 High Speed Anti-radiation Missile; improvements in radar software maturity; an update to the Data Acquisition System; and Advanced Identification Friend or Foe for the Taiwan Retrofit Program F-16 Block 20 fleet. Work will be performed in Fort Worth, Texas; and Taiwan, and is expected to be completed September 30, 2022. This modification involves 100% Foreign Military Sales, or FMS, and is the result of a sole-source acquisition. FMS funds in the amount of $67.62M are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
WIRE

Hot Stocks

17:19 EDT Encore Wire sees FY21 CapEx $100M-$120M - Daniel Jones, Chairman, President and CEO of Encore Wire Corporation, said, "The Company is unable to predict the impact that COVID-19 will have on our financial position and operating results in future periods due to numerous continued uncertainties. The duration and severity of the outbreak and its long-term impact on our business remain uncertain. We believe Encore Wire is well positioned to navigate successfully the current economic environment, continuing to serve the markets during this critical time. As we address the near-term challenges, we remain focused on the long-term opportunities for our business. We believe that our superior order fill rates continue to enhance our competitive position. As orders come in from electrical contractors, our distributors can continue to depend on us for quick deliveries coast to coast. Our balance sheet remains very strong. We have no long-term debt, and our revolving line of credit is paid down to zero. In addition, we had $155.0M in cash at the end of the quarter. We also declared a 2c cash dividend during the quarter. Our two-phased expansion plan announced last year remains on schedule with the new service center expected to come online in mid-second quarter of this year. Capital expenditures are expected to range from $100M-$120M in 2021, $50M-$70M in 2022 and $40M-$60M in 2023. Our low-cost structure and strong balance sheet have enabled us to withstand difficult periods in the past, and we believe they are continuing to prove valuable now. We thank our employees and associates for their outstanding effort and our shareholders for their continued support."
JBLU EADSY

Hot Stocks

17:04 EDT JetBlue says its first Airbus A220-300 jet officially enters scheduled service - JetBlue (JBLU) announced its first Airbus (EADSY) A220-300 aircraft has officially entered scheduled service with the first revenue flight from Boston Logan International Airport to Tampa International Airport departing just before 5 o'clock this evening. The aircraft - which was assembled at Airbus's U.S. production facility in Mobile, Ala. - is scheduled to operate between the Northeast and Florida for the next several weeks. JetBlue's second A220 is on track for delivery in the coming days, with the third expected to arrive next month. "We selected the Airbus A220 nearly three years ago knowing its cost savings, superior performance and customer-friendly design would evolve our fleet for the long-term future," said Ursula Hurley, head of treasury and investor relations, JetBlue. "These factors, which initially led us to select the A220, are now more important than ever as we navigate the new travel environment with a steady hand and a long-term view on recovery. Today's introduction of our first A220 into scheduled service allows us to continue to execute our low cost business model and enables JetBlue to continue to offer low fares to more customers."
RMBS LSCC

Hot Stocks

17:01 EDT Rambus, Lattice Semiconductor partner on next-generation security solutions - Rambus (RMBS) and Lattice Semiconductor (LSCC) announced a partnership to leverage their respective technology expertise in next-generation security solutions. Through the partnership, customers will have access to Rambus secure hardware IP on Lattice FPGAs for communications, computing, industrial, automotive, and consumer applications.
SRRK

Hot Stocks

17:01 EDT Scholar Rock receives patent for methods for making inhibitors of myostatin - Scholar Rock announced that the U.S. Patent Office, or USPTO, issued U.S. Patent No. 10,981,981 with an expiry of May 2034. This patent broadly covers methods for making inhibitors of myostatin, or GDF8, activation based on Scholar Rock's proprietary platform approach of targeting the precursor forms of growth factors. The issued claims are directed to manufacturing methods for developing antibodies that bind selectively to pro/latent myostatin thereby inhibiting myostatin signaling.
FTI

Hot Stocks

16:57 EDT TechnipFMC gets notice to proceed for subsea contract for Santos Barossa project - TechnipFMC announced it has received a Notice to Proceed for a significant subsea production system contract from Santos Ltd for the Barossa project, located 300 kilometers north of Darwin, Australia, at a water depth of approximately 130 meters. The contract scope covers the supply of subsea trees and associated control systems, manifolds and wellheads, as well as installation and commissioning support, which will help to extend the life of the existing Darwin LNG facility.
RETA

Hot Stocks

16:55 EDT Reata Pharmaceuticals says FDA accepted filing for bardoxolone NDA - Reata Pharmaceuticals announced that the U.S. Food and Drug Administration accepted for filing the New Drug Application for bardoxolone methyl for the treatment of patients with chronic kidney disease caused by Alport syndrome. This NDA submission is based on the efficacy and safety data from the CARDINAL Phase 3 clinical trial. The FDA will review the application under a Standard Review timeline. The Prescription Drug User Fee Act date, the FDA action date for the application, is scheduled for February 25, 2022. The FDA also advised the company that it is currently planning to hold an Advisory Committee meeting to discuss the application. "We are pleased with the FDA's decision to accept for filing our NDA for bardoxolone and look forward to continuing to work with the Division during the review process," said Warren Huff, Reata's President and Chief Executive Officer. "Alport syndrome is one of the most rapidly progressive forms of CKD and a truly devastating disease to those patients and the families who are affected by it. If approved, bardoxolone may be the first therapy to slow the progression of kidney disease in patients with this serious and debilitating disease."
TSLA

Hot Stocks

16:46 EDT Tesla falls over 2% to $720.59 after Q1 results, affirmed FY21 delivery target
PQG

Hot Stocks

16:46 EDT PQ Group drops 7% to $15.51 after 12.5M share offering of common stock
KRYS

Hot Stocks

16:42 EDT Krystal Biotech provides update on GEM-3 study of B-VEC for DEB - Krystal Biotech announced modifications to the Statistical Analysis Plan SAP in the ongoing Phase 3 study of B-VEC for the treatment of dystrophic epidermolysis bullosa DEB based on feedback from the U.S. Food and Drug Administration . The GEM-3 trial is a randomized, double-blind, intra patient placebo-controlled multicenter study designed to evaluate the efficacy and safety of B-VEC for patients living with both recessive and dominant forms of dystrophic epidermolysis bullosa. The trial enrolled 31 subjects with DEB, aged 6 months or older at time of consent. Each subject will serve as their own control. To account for paired binary data in the study design and the within-pair correlation in the GEM-3 study, Krystal will use the McNemar test for primary efficacy analysis. The primary outcome measure is complete wound healing determined by the Investigator in B-VEC treated wounds versus placebo. In the updated SAP, a positive response is defined as: "As the GEM-3 trial remains double blinded until database lock occurs in the fourth quarter of 2021, we had the flexibility to adjust the planned SAP with no impact on trial conduct or progress," said Suma Krishnan, chief operating officer of Krystal Biotech. She added, "We believe that the updated SAP accounts for the within-wound-pair correlation and will better assess the potential benefit of B-VEC against placebo."With 90% power and a two-sided Type 1 error rate of 5%, and an assumed 20% drop out rate, 30 subjects (i.e., 30 wound pairs) were required for the GEM-3 study assuming a 50% difference in response rate between B-VEC and placebo treated wounds. Because the calculation assumes no correlation within subjects, the estimate is conservative. Any positive correlation will cause an increase in power. Retrospective analysis of Phase 2 study looking at complete wound healing at Week 8 and Week 10 or Week 10 and Week 12 resulted in 78.6% response rate for B-VEC treated wounds versus 0% response rate for placebo wound, with a pless than0.003 using the McNemar test.
KRYS

Hot Stocks

16:42 EDT Krystal Biotech provides update on GEM-3 study of B-VEC for DEB - Krystal Biotech announced modifications to the Statistical Analysis Plan SAP in the ongoing Phase 3 study of B-VEC for the treatment of dystrophic epidermolysis bullosa DEB based on feedback from the U.S. Food and Drug Administration . The GEM-3 trial is a randomized, double-blind, intra patient placebo-controlled multicenter study designed to evaluate the efficacy and safety of B-VEC for patients living with both recessive and dominant forms of dystrophic epidermolysis bullosa. The trial enrolled 31 subjects with DEB, aged 6 months or older at time of consent. Each subject will serve as their own control. To account for paired binary data in the study design and the within-pair correlation in the GEM-3 study, Krystal will use the McNemar test for primary efficacy analysis. The primary outcome measure is complete wound healing determined by the Investigator in B-VEC treated wounds versus placebo. In the updated SAP, a positive response is defined as: "As the GEM-3 trial remains double blinded until database lock occurs in the fourth quarter of 2021, we had the flexibility to adjust the planned SAP with no impact on trial conduct or progress," said Suma Krishnan, chief operating officer of Krystal Biotech. She added, "We believe that the updated SAP accounts for the within-wound-pair correlation and will better assess the potential benefit of B-VEC against placebo."With 90% power and a two-sided Type 1 error rate of 5%, and an assumed 20% drop out rate, 30 subjects (i.e., 30 wound pairs) were required for the GEM-3 study assuming a 50% difference in response rate between B-VEC and placebo treated wounds. Because the calculation assumes no correlation within subjects, the estimate is conservative. Any positive correlation will cause an increase in power. Retrospective analysis of Phase 2 study looking at complete wound healing at Week 8 and Week 10 or Week 10 and Week 12 resulted in 78.6% response rate for B-VEC treated wounds versus 0% response rate for placebo wound, with a pless than0.003 using the McNemar test.
LYFT

Hot Stocks

16:41 EDT Lyft jumps about 3% to $64.80 after selling Level 5 to Woven Planet
CHDN

Hot Stocks

16:40 EDT Churchill Downs launches TwinSpires app in Indiana, Pennsylvania and Colorado - Churchill Downs announced the introduction of its TwinSpires Sports mobile app in Indiana and TwinSpires Casino & Sports app in Pennsylvania. The app debut in both states accompanies the rebrand of CDI's sportsbook and iGaming desktop product as TwinSpires. The company also launched its online sports betting operations in Colorado with TwinSpires Sports mobile app and desktop product.
EHC

Hot Stocks

16:33 EDT Encompass Health to acquire assets of Frontier Home Health and Hospice - Encompass Health announced it has entered into a definitive agreement to purchase the home health and hospice assets of Frontier Home Health and Hospice in Alaska, Colorado, Montana, Washington and Wyoming. The transaction is expected to close in the second quarter, subject to certain customary closing conditions and regulatory approval. At closing, nine home health and 11 hospice locations will become part of an Encompass Health national network of more than 340 home health and hospice locations. These Frontier locations generated revenues of approximately $36M in 2020. Encompass Health expects to fund the transaction with cash on hand and borrowings under its revolving credit facility.
BRP

Hot Stocks

16:32 EDT BRP Group subsidiary to acquire Seniors' Insurance Services of Washington - BRP Group announced that BRP Medicare Insurance III, an indirect subsidiary of BRP Group operating as Guided Medicare Solutions, has entered into a definitive agreement to acquire substantially all assets of Seniors' Insurance Services of Washington, a Freeland, Washington-based independent insurance agency that offers information, support and access to Medicare and other senior-related products for its clients. The partnership, BRP Group's nomenclature for a strategic acquisition, is expected to close April 30, subject to certain closing conditions. Seniors' Insurance Services generated annual revenues of approximately $900,000 and is located in the metro Seattle market. Following this partnership, Seniors' Insurance Services will be rebranded under the company's guided banner over a transition period.
ELDN

Hot Stocks

16:30 EDT Eledon Pharmaceuticals announces update on development strategy for AT-1501 - Eledon Pharmaceuticals announced an updated development strategy for AT-1501 in renal transplantation. As part of ongoing discussions with the U.S. Food and Drug Administration regarding the AT-1501 renal transplant program, the FDA requested that Eledon provide AT-1501 specific, renal transplant data in non-human primates prior to initiating a Phase 2 trial in renal transplantation in the United States. As a result, Eledon plans to initiate an evaluation of AT-1501 in a standard non-human primate model of renal transplantation which is expected to be completed by late 2022. In parallel, the company will continue to explore potentially conducting a renal transplantation clinical trial outside the United States. The FDA request and this shift in development strategy is specific to the previously planned Phase 2 trial in renal transplantation; the company's other ongoing development programs are continuing in both the United States and Canada as previously communicated. No significant drug-related safety signals with AT-1501 have been identified to date, and this change in development strategy is not due to any specific event in or data from the company's ongoing trials of AT-1501. "We will continue to work collaboratively with the FDA to generate additional renal transplantation preclinical data prior to conducting a Phase 2 trial in renal transplantation with AT-1501 in the United States," stated Steve Perrin, Ph.D., President and Chief Scientific Officer. "We continue to believe that AT-1501 is a differentiated anti-CD40L antibody that can be an important treatment option for patients undergoing renal transplantation. We remain committed to designing and executing a robust clinical development program to show that AT-1501 has the potential to prevent rejection and prolong allograft survival. We look forward to providing further updates on our revised renal transplantation program in the coming months."
FCBP

Hot Stocks

16:30 EDT First Choice Bancorp trading resumes
SRPT

Hot Stocks

16:29 EDT Sarepta recommends shareholders reject mini-tender offer by TRC Capital - Sarepta announced that it has received notice of an unsolicited mini-tender offer by TRC Capital to purchase up to 2M shares of Sarepta common stock at a price of $68.50 per share in cash. TRC Capital's offer price is approximately 4.6% lower than the closing share price of Sarepta's common stock on April 16, the last business day prior to the commencement of the offer. The offer is for approximately 2.52% of the shares of Sarepta common stock outstanding. Sarepta does not endorse TRC Capital's unsolicited mini-tender offer and recommends that stockholders do not tender their shares in response to TRC Capital's offer because the offer is at a price below the current market price for Sarepta's shares and subject to numerous conditions. Sarepta is not affiliated or associated in any way with TRC Capital, its mini-tender offer or the offer documentation.
AGTC

Hot Stocks

16:27 EDT Applied Genetic announces departure of Chief Scientific Officer Mark Shearman - Applied Genetic Technologies announced that Mark Shearman, Ph.D., Chief Scientific Officer, has resigned from the company to pursue another opportunity but will remain to facilitate a smooth transition through June 4, 2021."Dr. Shearman has had a successful tenure leading AGTC's product candidate selection process, pre-clinical and translational research and long-term research and development planning," said Sue Washer, President and CEO of AGTC. "We are grateful to Mark for his valuable contributions over the last six years that resulted in the completion of several critical milestones. Mark successfully led the advancement of our pipeline such that our focus now spans development stages from the Phase 2/3 clinical program in XLRP, Phase 1/2 clinical programs in ACHM to IND enabling studies for promising product candidates in CNS, Otology and Ophthalmology." "It has been a great privilege to work with AGTC's talented Research and Clinical Development team and contribute to the development of much-needed AAV gene therapies," said Dr. Shearman. "The company has progressed to an exciting stage with promising clinical data emerging and a strong pipeline in place. I wish AGTC continued success across its development activities."
ESPR

Hot Stocks

16:27 EDT Esperion enters licensing agreement with Daiichi Sankyo for bempedoic acid - Esperion announced it has entered into a licensing agreement with Daiichi Sankyo providing Daiichi Sankyo with exclusive rights to commercialize bempedoic acid and the bempedoic acid / ezetimibe combination tablet in additional countries around the world. This agreement expands the existing partnership with Daiichi Sankyo group. The agreement combines Esperion Therapeutics' ATP Citrate Lyase, or ACL, inhibitor, bempedoic acid, with Daiichi Sankyo's commercial capabilities, as well as synergies with their existing portfolio of cardiovascular medicines including a oral anticoagulant and antiplatelet products in addition to multiple statins, a mainstay of LDL-C lowering in many of these regions. The agreement seeks to distribute bempedoic acid and the bempedoic acid / ezetimibe combination tablet to millions of patients in these geographies that need additional low-density lipoprotein cholesterol, or LDL-C, lowering after maximally tolerated statin therapy. Under the terms of the licensing agreement, Esperion will grant Daiichi Sankyo exclusive commercialization rights to bempedoic acid and the bempedoic acid / ezetimibe combination tablet in South Korea, Taiwan, Hong Kong, Thailand, Vietnam, Brazil, Macao, Cambodia and Myanmar. The agreement allows for potential expansion across geographies including: Saudi Arabia, Kuwait, Oman, UAE, Qatar, Bahrain, Yemen, and other Latin American countries. Daiichi Sankyo will be responsible for commercialization in these territories, while Esperion remains responsible for certain development and regulatory activities. Esperion will receive an upfront cash payment of $30M, up to $175M in sales milestone payments as well as tiered royalties from 5% to 20% on net sales in the territory. Esperion has now received $330M in milestone payments from Daiichi Sankyo group. With this deal, combined milestones from Daiichi Sankyo group now total over $1.1B. Esperion still retains full development and commercial rights to the U.S. and other ex-U.S. countries not covered in this expanded agreement, including China, Canada, and others.
NBIX

Hot Stocks

16:23 EDT Neurocrine, Sentia Medical Sciences enter research collaboration - Sentia Medical Sciences announced that they have entered into a research collaboration with Neurocrine Biosciences aimed at discovering novel, long-acting corticotropin-releasing factor, or CRF, receptor antagonist peptide therapeutics. The collaboration will leverage Sentia's proprietary peptide-based platform and Neurocrine's drug development expertise in CRF biology to develop and commercialize medicines with the potential to treat a variety of hypothalamic-pituitary-adrenal, or HPA, axis modulated diseases. Under the terms of the agreement, Sentia will provide to Neurocrine an exclusive license to existing preclinical CRF receptor antagonist peptide compounds. Additionally, Sentia and Neurocrine will work together to discover novel peptide antagonists targeting CRF and advance them to development candidate stage, after which Neurocrine would be solely responsible for all further development, manufacturing, regulatory and commercial activities. As part of the collaboration, Sentia will receive an up-front payment and committed research funding from Neurocrine to support discovery efforts. Sentia is eligible to receive milestone and royalty payments based on products developed from this collaboration.
AXTA

Hot Stocks

16:22 EDT Axalta Coating expects Q2 Adjusted EBIT 23% of FY21 - Sees Q2 raw material inflation expected to ramp up; Headwind from year-over-year lapping of temporary savings from 2020; Semiconductor chip shortage impact on Light Vehicle to continue throughout Q2; and Constrained supply chain impact persists in early Q2 on Industrial volumes.
OMF

Hot Stocks

16:21 EDT OneMain acquires financial wellness firm Trim, terms not disclosed - OneMain Financial announced that it has entered into an agreement to acquire Trim, a customer-focused financial wellness fintech. The acquisition of Trim is subject to completion of standard closing conditions. "The acquisition of Trim allows OneMain to further expand the ways we help hardworking Americans improve their financial well-being by supporting them in gaining more control over their finances," said Doug Shulman, Chairman and CEO of OneMain. "It advances our vision of providing solutions that enable a better future for customers. Over the past year we have sharpened our focus on driving innovation for our customers, including doubling down on our commitment to financial wellness." Terms of the transaction were not disclosed.
UHS

Hot Stocks

16:18 EDT Universal Health plans to return CARES Act grants received during Q1 - The company said, "During the first quarter of 2021, we received approximately $188 million of additional funds from the federal government in connection with the Coronavirus Aid, Relief, and Economic Security Act. We have begun coordinating the return of the funds with the appropriate government agencies and expect to return the $188 million during the second quarter of 2021 utilizing a portion of our cash and cash equivalents held on deposit. Therefore, our results of operations for the quarter ended March 31, 2021 include no impact from the receipt of those funds. Also, and as previously announced earlier this year, in March of 2021 we funded the early repayment of $695 million of funds received during 2020 pursuant to the Medicare Accelerated and Advance Payment Program. These funds were returned to the government utilizing a portion of our cash and cash equivalents held on deposit."
EEX

Hot Stocks

16:13 EDT Emerald Holding launches B2B e-commerce platform - Emerald Holding announced the introduction of the new Digital Market technology platform from the company's Elastic Suite division. Digital market creates a standardized, single-platform approach to B2B e-commerce by offering 365-day access to product sourcing and ordering across a broad range of brands. Herve Sedky, Emerald's President and Chief Executive Officer, commented, "Our launch of Digital Market is a key step in our strategy to bring buyers and sellers together in a digital environment, year-round, and provide them with a platform where they can transact. This platform will greatly enhance the customer experience and value not only of our live shows but also year-round as we expand our digital offerings. We are excited to launch Digital Market to coincide with Outdoor Retailer and Surf Expo, which are set to stage this summer, so brands and retailers alike can experience the innovative and powerful benefits this platform delivers."
AMP

Hot Stocks

16:11 EDT Ameriprise raises quarterly dividend 9% to $1.13 per common share - The board of directors of Ameriprise Financial, Inc. increased the company's quarterly cash dividend by 9%, or 9c per common share, to $1.13 per common share payable on May 21, 2021 to shareholders of record at the close of business on May 10, 2021.
TSLA

Hot Stocks

16:10 EDT Tesla backs view for 2021 growth in vehicle deliveries above 50% - Tesla said in its quarterly update: "We plan to grow our manufacturing capacity as quickly as possible. Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries. In some years we may grow faster, which we expect to be the case in 2021. The rate of growth will depend on our equipment capacity, operational efficiency and capacity and stability of the supply chain. We have sufficient liquidity to fund our product roadmap, long-term capacity expansion plans and other expenses. We expect our operating margin will continue to grow over time, continuing to reach industry-leading levels with capacity expansion and localization plans underway. We are currently building Model Y capacity at Gigafactory Berlin and Gigafactory Texas and remain on track to start production and deliveries from each location in 2021. Gigafactory Shanghai will continue to expand further over time. Tesla Semi deliveries will also begin in 2021."
CVLG

Hot Stocks

16:09 EDT Covenant Logistics says freight environment, new business pipeline are 'robust' - Parker concluded, "Going forward, our short-term focus will be to improve the profitability of our Dedicated segment. The freight environment and our new business pipeline are both currently robust, which we believe will support our commercial plan. Potential headwinds include inefficiencies from re-engineering or replacing certain contracts, driver availability and cost, accident experience, the cost and volatility of claims, general inflation, and supply and demand factors for our customers and our industry. At present, we expect to make steady, incremental progress on our Dedicated segment's margins over the remainder of 2021. Over time, we expect our Managed Freight segment's margin to gravitate toward the mid-single digits and Dedicated to gravitate toward the mid to high single digits and ultimately double digits. Directionally the margin changes may offset each other to some extent as the freight and driver markets return to more balanced levels. For the longer term, we expect to continue the execution of our strategic plan, which consists of steadily and intentionally growing the percentage of our business generated by Dedicated, Managed Freight, and Warehousing segments, reducing unnecessary overhead, and improving our safety, service, and productivity. This will be a gradual process of diversifying our customer base with less seasonal and cyclical exposure, improving legacy contracts, and investing in systems, technology, and people to support the growth of these previously under-invested areas. With diligence and accountability, we expect to make consistent progress and be a stronger, more profitable, and more predictable business with the opportunity for significant and sustained value creation."
TSLA

Hot Stocks

16:08 EDT Tesla says first deliveries of new Model S should start 'very shortly' - Tesla said in its quarterly update: "First deliveries of the new Model S should start very shortly, Model Y production rate in Shanghai continues to improve quickly and two new factories Berlin and Texas are making progress. There is a lot to be excited about in 2021."
HYFM

Hot Stocks

16:08 EDT Hydrofarm to acquire acquire nutrient Maker HEAVY 16, sees accretion - Hydrofarm Holdings Group announced it has entered into an agreement to acquire Field 16, The company's first acquisition since its December 2020 initial public offering, the move further enhances Hydrofarm's already robust portfolio of high-performance, innovative and proprietary branded products in the lighting, climate control, nutrients and growing media categories."As a leading hydroponics company, a key component of our growth strategy is to bring dynamic brands like HEAVY 16 under the Hydrofarm umbrella and continue to solidify our position as the acquirer of choice in this highly fragmented and fast-growing industry," said Bill Toler, Chairman and Chief Executive Officer of Hydrofarm. "Controlled environment agriculture is in the midst of a revolution and poised to be the most significant new market category to emerge in a generation." Subject to customary closing conditions, the transaction is expected to be completed in May 2021. Upon completion of the transaction. HEAVY 16 CEO Aaron Berkowitz will join the Hydrofarm senior management team as he continues to lead the HEAVY 16 business. In addition, HEAVY 16 Founder and Chief Agronomist Bryce Patterson will continue to work alongside Mr. Berkowitz as Chief Agronomist, focusing on research and development, customer experience, and integration efforts. Hydrofarm will fund the full transaction consideration of up to $78.1 million using a combination of cash, the Company's existing credit facility and $15.0 million in newly issued HYFM common stock. The referenced transaction consideration includes a potential earn out payment of up to $2.5 million based on achievement of certain performance metrics. The Company expects the transaction to be accretive to earnings in 2021 and beyond. The transaction represents an acquisition value of less than 7x HEAVY 16's estimated 2021 Adjusted EBITDA, excluding synergies but including the net present value of tax benefits resulting from the transaction.
ICFI

Hot Stocks

16:07 EDT ICF International awarded $46M contract by Government of Puerto Rico - The Government of Puerto Rico's Public Private Partnership Authority, or P3, recently awarded global consulting and digital services provider ICF a new $46M contract that includes elements of ICF's previous work to provide project formulation services to support long-term disaster recovery from hurricanes Irma and Maria and hazard mitigation efforts to protect against future disasters. The contract, which is administered by the Central Office for Recovery, Reconstruction and Resiliency, or COR3, includes an initial four-month term through June 30, plus two additional one-year options to extend.
LYFT TM

Hot Stocks

16:07 EDT Toyota's Woven Planet to buy Lyft's self-driving car division Level 5 for $550M - Lyft (LYFT) announced that the company has signed an agreement with Woven Planet Holdings, a subsidiary of Toyota Motor (TM), for the acquisition of Lyft's self-driving vehicle division, Level 5. The transaction also includes multi-year non-exclusive commercial agreements between Lyft and Woven Planet to accelerate the development and enhance the safety of automated driving technology. The Level 5 team will join Woven Planet, a subsidiary of Toyota dedicated to developing autonomous driving and other advanced mobility technologies. In addition to the acquisition of Level 5, Woven Planet and Lyft have signed commercial agreements for the utilization. Lyft will receive, in total, approximately $550M in cash with this transaction, with $200M paid upfront subject to certain closing adjustments and $350M of payments over a five-year period. The transaction is also expected to remove $100M of annualized non-GAAP operating expenses on a net basis - primarily from reduced R&D spend - which will accelerate Lyft's path to Adjusted EBITDA profitability.
EFSC FCBP

Hot Stocks

16:04 EDT Enterprise Financial to acquire First Choice Bancorp for $397.7M - Enterprise Financial (EFSC) and First Choice Bancorp (FCBP) announced that EFSC, EB&T, FCBP and First Choice have entered into a definitive merger agreement pursuant to which EFSC will acquire, in an all-stock merger, FCBP. Under the terms of the merger agreement, FCBP will merge with and into EFSC, and First Choice will subsequently merge with and into EB&T in a transaction valued at approximately $397.7 million, or $33.40 per FCBP share, based on the closing price of EFSC's common stock on April 23, 2021. On a pro forma consolidated basis, the combined company would have approximately $12.7 billion in consolidated total assets as of March 31, 2021. The transaction is expected to be approximately 8% accretive to Enterprise's 2022 earnings per share after giving effect to estimated fully phased-in transaction synergies. Estimated tangible book value per share dilution to EFSC is expected to be earned back in less than three years under the crossover method including CECL "Day Two" accounting treatment. The acquisition is expected to generate an internal rate of return of approximately 21% for Enterprise.
BDSX

Hot Stocks

16:02 EDT Biodesix to partner with GenScript on SARS-CoV-2 detection - Biodesix "announced in partnership with GenScript Biotech Corporation, a webinar to present novel data on the rapid detection of total SARS-CoV-2 neutralizing antibodies using cPass technology. Neutralizing antibodies may specifically block the interaction between the receptor binding protein on SARS-CoV-2, and the host cell's membrane receptor protein, thereby preventing infection of the cell by the virus. This assay is also highly applicable for research purposes to further assess the protection that these novel vaccines may offer, as well as the appropriate timing required between doses or boosters. Biodesix plans to make the test available for broad commercial use in the summer of 2021. "
COMP

Hot Stocks

16:01 EDT Compass acquires Glide Labs platform company - Compass has entered a definitive agreement to acquire Glide Labs, a real estate transaction management platform company. Used by more than 60,000 real estate professionals across California, Glide provides agents with critical transaction management tools such as offer and transaction management, digitization of key forms, eSignature and digital disclosures. Compass will continue to invest in Glide to increase its reach amongst agents and partners, within and outside of Compass, and plans to expand to states across the country. Compass anticipates that the acquisition will close in the coming days, subject to customary closing conditions.
FCBP

Hot Stocks

16:00 EDT First Choice Bancorp trading halted, news pending
RHHBY

Hot Stocks

15:58 EDT Roche treatment for histiocytic neoplasms granted FDA orphan designation - Genentech, a member of the Roche Group (RHHBY), was granted orphan designation for its sreatment for histiocytic neoplasms, according to a post to the FDA website. Reference Link
TIL

Hot Stocks

15:57 EDT Instil Bio treatment of malignant melanoma stages IIB-IV granted orphan status - The FDA designated Instil Bio's treatment of malignant melanoma stages IIB to IV for orphan designation, according to a post to the agency's website. Reference Link
TWTR

Hot Stocks

15:42 EDT Twitter to add COVID-19 vaccine info prompt to users' timelines - Twitter said that, this week, users will see a prompt in their timeline that links to sources about COVID-19 vaccine safety, efficacy, and news from "public health experts." "As COVID-19 vaccinations become more widely available, we want you to have access to the latest vaccine info in your country," the company said. Reference Link
SKLZ

Hot Stocks

15:25 EDT CEO Andrew Paradise says short sellers 'don't understand' Skillz business - In a CNBC interview, Skillz CEO Andrew Paradise said the company is "very excited to have Cathie [Wood] partnering with Skillz." "[NFL partnership] is a real thing. Short sellers' claims are not only flawed but really don't reflect what we are doing at all," the executive added. "We are not considering legal action at this time, but we do believe the short sellers just don't understand our business." "We think we won't see much change in behavior from here" as reopening continues, Paradise said.
SPX SPY

Hot Stocks

14:20 EDT NY Governor announces capacity expansions for offices, gyms starting May 15 - New York Governor Andrew Cuomo said that, starting May 15, capacity in the state can increase as follows: office capacity can go from 50% to 75%; gyms outside New York City from 33% to 50%; and casinos and gaming facilities from 25% to 50%. Cuomo added that, on May 19, spectator capacity outdoors can increase from 20% to 33%. Reference Link
CAT

Hot Stocks

14:03 EDT Caterpillar and Certarus sign MOU to explore lower carbon energy solutions - Caterpillar and Certarus announced that they have entered a Memorandum of Understanding to explore opportunities to leverage each parties' strengths to bring lower carbon energy solutions to their combined customer base. The MOU outlines key areas where the two companies will work together to advance the use of lower carbon fuels including conventional and renewable natural gas and hydrogen."Certarus is excited to work with Caterpillar on the transition to a lower carbon future," said Curtis Philippon, CEO of Certarus. "Together we will develop the tools to enable commercial customers to reduce their carbon intensity and achieve environmental and economic benefits. Through our collaboration we are quickly becoming leaders in the integration of hydrogen as a clean energy solution." "Working with Certarus to develop future lower carbon solutions for the industries we serve is a natural extension of our relationship," said Joe Creed, Group President, Energy & Transportation. "We believe our teamwork will combine valuable expertise from our companies to deliver comprehensive customer solutions for the energy transition."
THG

Hot Stocks

14:02 EDT Hanover Insurance announces Willard Lee appointed CIO - The Hanover Insurance Group announced Willard Lee has been appointed executive vice president, chief information and innovation officer, effective immediately. "In this role, Lee is responsible for advancing the company's information technology roadmap and delivering technology solutions that support the company's business operations, its agent partners and its customers," said Hanover. Lee, who joined The Hanover in 2003, succeeds Mark Berthiaume, executive vice president, chief information officer and chief technology innovation officer, who retired this month after seven years at The Hanover.
FTI

Hot Stocks

13:56 EDT FMC Technologies trading resumes
FTI THNPF

Hot Stocks

13:47 EDT TechnipFMC to sell part of stake in Technip Energies - TechnipFMC (FTI) announces the launch of the placement of 25M Technip Energies shares (THNPF), representing about 14% of Technip Energies' share capital, through a private placement by way of an accelerated bookbuild offering. Technip Energies has indicated it will purchase from TechnipFMC EUR 20M equivalent of shares at the price of the placement in a purchase separate from the placement, the company said. "Upon completion of the placement and the concurrent sale to Technip Energies, TechnipFMC would retain a direct stake of ca. 31% of Technip Energies' share capital. TechnipFMC has agreed to a 60-day lock-up for its remaining shares in Technip Energies, subject to waiver from the joint global coordinators and certain other customary exceptions, including transfer of shares to a subsidiary, granting and enforcement of security interests in connection with financing and derivative transactions and tender into any public tender offer for all or part of the shares. The placement is targeted at eligible institutional investors. There will be no public offering in any country. The final terms of the placement are expected to be announced on 27 April at the latest. Settlement for the placement is expected to take place on or around 30 April 2021," TechnipFMC stated.
INTC MSFT

Hot Stocks

13:20 EDT Intel says collaborating with Microsoft against 'cryptojacking' - Microsoft Defender for Endpoint (MSFT) has expanded its use of Intel Threat Detection Technology (INTC) beyond accelerated memory scanning capabilities to activate central processing unit based cryptomining machine learning detection, announced Intel. "This move further accelerates endpoint detection and response for millions of customers without compromising experience," stated Intel. The company added: "The financial rewards of cryptocurrency create new threats and risks. As their value rises, cybercriminals shift their focus from ransomware to 'cryptojacking.' Cryptojacking is malicious cryptomining where cybercriminals install malware into business and personal computers, laptops and mobile devices. This malware uses the computer's power and resources to mine for cryptocurrencies or steal cryptocurrency wallets that can slow computers dramatically and keep them from operating normally. Some cryptojacking scripts have worming capabilities that allow them to infect other devices and servers on a network."
ETR

Hot Stocks

12:30 EDT Entergy names David Ellis chief customer officer - Entergy Corporation announced that David Ellis has been appointed chief customer officer for the company. He will report to Rod West, Entergy's group president for utility operations, and will assume his new role effective May 9, 2021. "Whether we're powering a single-family home, small business, school, or large industrial complex, our customers expect us to understand their aspirations and the outcomes that matter to them," said West. "In this new role, David will help us partner with our customers at every touchpoint to enable us to meet their reliability, affordability and sustainability goals and to develop solutions that create sustainable value," continued West. "That's what customers expect from the premier utility. We are excited about David leading this important effort across all of our operating companies." Ellis has served as president and CEO of Entergy New Orleans, LLC, an electric and gas utility subsidiary of Entergy Corporation that serves 207,000 electric and 108,000 natural gas customers and has annual revenues of $634M, since 2018.
GOOG GOOGL

Hot Stocks

12:25 EDT Univision, Google announce strategic cloud partnership - Alphabet's Google and Univision announced a new, multi-year, strategic partnership to accelerate growth across Univision's portfolio of media and content properties, providing solutions that will enable it to build "the media company of tomorrow." Google Cloud will help drive Univision's digital transformation, deepening the media company's relationships with Hispanic audiences and communities, and enabling it to continue creating content for the next generation of Spanish-speaking viewers. Univision will also collaborate with other Google product areas, such as Android, Android TV OS, YouTube, Google Play, Google Ad Manager, and Google Search to enhance its capabilities and improve the overall viewer experience. "At Univision, we've set out to be the most important global Spanish-language media company, and our partnership with Google is a critical piece of our transformation," said Wade Davis, CEO of Univision Communications Inc. "By leveraging Google's technology platform and expertise, we will transform our infrastructure to bring our customers an enhanced media experience." Reference Link
CFG

Hot Stocks

12:21 EDT Citizens Financial names Chris Weyrauch to lead Wealth Management business - Citizens Financial Group announced that Chris Weyrauch will join the bank as Head of Wealth Management, effective immediately. Weyrauch will report to Brendan Coughlin, Head of Consumer Banking, and will succeed Ryan Parker, who will be departing the company for family reasons. Weyrauch comes to Citizens after a 25-year career at TIAA where he built and led its direct-to-consumer business. Parker will stay on at Citizens through June, working with Weyrauch to help ensure a seamless transition.
GSX GOTU

Hot Stocks

12:18 EDT GSX says 'may be constrained' in defense against short sellers - In its annual filing earlier today, GSX Techedu said, "We have been, and continue to be, the subject of unfavorable allegations made by short sellers...In May 2020, Muddy Waters published a short seller report against us, which caused temporary fluctuations in the price of our ADSs following the report. Any such allegations may be followed by periods of instability in the market price of our ADSs and negative publicity. Regardless of whether such allegations are proven to be true or untrue, we may have to expend a significant amount of resources to investigate such allegations and/or defend ourselves, including in connection with class actions or regulatory enforcement actions derivative of such allegations. While we would strongly defend against any such short seller attacks, we may be constrained in the manner in which we can proceed against the relevant short sellers by principles of freedom of speech, applicable state law or issues of commercial confidentiality. Such a situation could be costly and time-consuming, and could divert management's attention from the day-to-day operations of our company. Even if such allegations are ultimately proven to be groundless, allegations against us could negatively impact the market price of our securities and our business operations."
CP...

Hot Stocks

12:03 EDT Canadian Pacific CEO calls CNI-Kansas City Southern proposal 'anti-competitive' - Canadian Pacific (CP) announced that it recently sent a letter to the President and Chief Executive Officer of Kansas City Southern (KSU) regarding the "anti-competitive impacts" of the proposed Canadian National transaction (CNI) with KCS. "I am writing to address some of the statements Canadian National has publicized over the past 24 hours concerning an issue that I expect will weigh heavily as your Board gives due consideration to CN's proposal," CP president and CEO Keith Creel said. "The misrepresentations made by CN's CEO have led us to, once again, respond with the undeniable facts. Either Mr. Ruest does not fully understand his proposed transaction or he doesn't want to reveal what he knows. Either way, the bond and trust CP has built with you, KCS as a whole, and the communities we collectively serve, is too important to ignore... CN suggests that the only issues the STB will view as relevant are (a) whether the trust agreement itself insulates KCS from control by CN and (b) whether KCS can be sold if the merger is disapproved. CN Notice of Intent at 7-8. CN suggests that on these issues there is no difference between its proposal and the voting trust proposal we have agreed upon. With respect, CN is missing two big parts of the regulatory picture. First, any public interest review will certainly consider the likelihood that, at the end of the regulatory review process, KCS would become part of the acquirer's system as planned. For all of the reasons covered above, along with many others (perhaps most importantly the destabilizing effect of CN's transaction on industry structure and the potential for downstream consolidation) the back-end regulatory risks associated with CN's proposal will cause the STB to be reluctant to allow KCS to go into trust at the front end. Second, the head-to-head competition that even CN acknowledges must be remedied makes the use of a voting trust uniquely inappropriate in a CN/KCS transaction. DOJ's comments on the CP/KCS voting trust proposal emphasized a specific source of harm to competition from the use of voting trusts that applies uniquely to CN's proposal (and not to CP's) - namely that the incentives of the railroads to compete will be dampened while one (KCS) is already in trust and the other (CN) already receives the benefit of that ownership through its ownership of shares. DOJ Comment at 3-4. In light of the extensive competition between KCS and CN - which you are more keenly aware of than I - DOJ and the STB will see this as a serious concern. And none of the competitive remedies that CN might ultimately devise can possibly eliminate this harm, because - as CN acknowledges - they would come at the end of the regulatory process, not when KCS is acquired and its shares go into trust. Pat, I understand that you and your Board must give the CN proposal all of the consideration that it deserves. But I submit that when you consider the regulatory issues CN's proposal raises - and our agreement does not - you will see that CN's proposal is an illusory one that should not distract KCS from the once-in-a lifetime partnership that our mutually agreed transaction represents."
MAT

Hot Stocks

12:03 EDT Mattel announces multi-year global licensing deal for 'Karma's World' - Mattel (MAT) announced a multi-year global licensing deal tied to "Karma's World," the new CG animated series created by Chris "Ludacris" Bridges set to premiere on Netflix (NFLX) later this year. Mattel has the global licensing rights to develop a line of toys for the franchise, including dolls and doll accessories, styling heads, role play, plush and more. The collection is expected to launch at retailers across the globe beginning fall 2022, Mattel said.
XRX

Hot Stocks

12:01 EDT Xerox acquires Canada's Groupe CT, terms not disclosed - Xerox said it has acquired Groupe CT, an independent document management provider in Eastern Canada. Terms of the transaction were not disclosed. "We're continuing to grow our presence in the North America small and midsize business (SMB) market," said Mike Feldman, president of Americas Operations and Global Document Services, Xerox. "With Groupe CT's document management services expertise and leadership combined with our portfolio of workplace solutions, we're well placed to serve SMBs focused on accelerating a digital transformation roadmap."
DDS

Hot Stocks

12:01 EDT Dillard's falls -5.4% - Dillard's is down -5.4%, or -$5.42 to $95.44.
ACI

Hot Stocks

12:01 EDT Albertsons falls -6.8% - Albertsons is down -6.8%, or -$1.31 to $17.87.
FSM

Hot Stocks

12:01 EDT Fortuna Silver Mines falls -15.1% - Fortuna Silver Mines is down -15.1%, or -$1.17 to $6.54.
DNMR

Hot Stocks

12:00 EDT Danimer Scientific rises 16.8% - Danimer Scientific is up 16.8%, or $4.00 to $27.85.
CSPR

Hot Stocks

12:00 EDT Casper Sleep rises 20.6% - Casper Sleep is up 20.6%, or $1.45 to $8.49.
XYF

Hot Stocks

12:00 EDT X Financial rises 21.8% - X Financial is up 21.8%, or 63c to $3.52.
FTI

Hot Stocks

11:43 EDT FMC Technologies trading halted, news pending
KODK

Hot Stocks

11:25 EDT WKS Group investing in KODAK MAGNUS Q4800 Platesetter for imaging XLF plates - Kodak said in a statement that it has just received an order from German WKS Group to supply the KODAK MAGNUS Q4800 Platesetter. The WKS Group has ordered the MAGNUS Q4800 Platesetter for its site in Essen, where production takes place on heatset web offset presses in the class up to 80 pages. The MAGNUS Q4800 for the WKS Group will be equipped with an XPL Pallet Loading System for four plate formats as well as an in-line punch. Commissioning of the Kodak XLF CTP system in Essen is scheduled for the fourth quarter of 2021.
MCD

Hot Stocks

11:13 EDT NYC comptroller urges investors to vote against McDonald's executives - In a letter to shareowners filed with the U.S. Securities and Exchange Commission, New York City Comptroller Scott M. Stringer and CtW Investment Group urged McDonald's shareholders to vote against the election of Board Chairman Enrique Hernandez, Jr. and Compensation Committee Chair Richard Lenny at the Company's May 20, 2021 annual meeting after they failed to enforce a "zero reward" policy in cases of sexual misconduct. The letter explains that these directors are most responsible for the Board's flawed and mismanaged investigation into former CEO Steve Easterbrook's misconduct that led to the Board's ill-fated decision to terminate him "without cause" in November 2019 for fraternizing with a subordinate, despite the Board also determining that Easterbrook had violated Company policy and demonstrated poor judgment. The Board's "without cause" determination allowed Mr. Easterbrook to retain more than $44 million in severance pay, ensnared McDonald's in a costly legal battle to recoup these severance payments, and set a poor "tone at the top" that fosters a workplace culture permissive of inappropriate behavior. "It's been more than a year since we called on McDonald's to hold its executives accountable for misconduct by enforcing robust clawback policies, and they have failed to do so," said Comptroller Stringer. "That's why we're urging shareholders to vote against the directors most responsible for protecting Mr. Easterbrook from the consequences of his unethical actions- because accountability matters. McDonald's must remove these directors in order to protect investors and set a strong tone at the top that misconduct and inappropriate behavior will not be tolerated." Reference Link
UBER

Hot Stocks

11:09 EDT empowerDX, Uber to offer at-home Covid testing kits via on-demand delivery - Clinical Enterprise, Inc. d/b/a empowerDX, part of the Eurofins Clinical Diagnostics group of companies, announced that it is working with Uber to offer FDA-emergency use authorized, at-home COVID-19 testing kits to consumers via on-demand delivery. Consumers in more than two dozen U.S. cities, including Tampa, Houston, Phoenix, Denver, Seattle, Minneapolis, Fort Lauderdale and Austin can order the kit directly from the empowerDX website without a prescription, the companies said. empowerDX and Uber plan to expand test kit delivery to additional cities in the coming weeks.
PRPO

Hot Stocks

11:02 EDT Precipio expects $1M annualized reported revenues from HemeScreen POL by Q4 - Precipio announced that currently, the contracted annualized revenues from signed customers for its HemeScreen POL testing system exceed $750,000 and for the reasons set forth below, by Q4-2021 this cohort is expected to result in reported quarterly revenues with an annualized run rate of $1,000,000. With an additional pipeline of over 30 prospective customers nationwide, Precipio currently reaffirms its forecast that product revenues will reach approximately 50% of pathology revenue by the fourth quarter of 2021. The annualized reported revenues from the cohort of current signed customers are expected to increase to $1,000,000 by Q4-2021 because newly signed customers typically make smaller contractual commitments in order to evaluate their work flow and HemeScreen utility before committing to a larger number. In addition, during the coming months the HemeScreen offering is anticipated to broaden by the introduction of additional panels for other types of cancer. If successful, this expansion will improve patient care while providing meaningful financial benefits to customers' and to Precipio's bottom line. As Precipio continues to introduce additional assays to be utilized on the same platform, average revenue per customer will increase via incorporation and utilization of these assays within the POL's operations.
UN UL

Hot Stocks

10:44 EDT Unilever acquires lifestyle company Onnit, terms not disclosed - Unilever announced that it has signed an agreement to acquire Onnit, a holistic wellness and lifestyle company, based in Austin, Texas. Terms of the deal were not disclosed. The acquisition is subject to regulatory approvals and customary closing conditions. Onnit will continue to be based in Austin, Texas, and led by CEO Jason Havey. Founder Aubrey Marcus will remain a Brand Ambassador.
GBNY

Hot Stocks

10:19 EDT Generations Bancorp NY appoint Angela Krezmer as new CFO - Generations Bancorp NY announced that Angela Krezmer is joining the company as Senior Vice President and Chief Financial Officer effective June 7. She joins Generations from Prosper Bank, Coatesville, Pennsylvania where she is the Chief Financial Officer. As Senior VP and CFO, she will oversee the institution's financial strategies and SEC reporting obligations following Generations' recent Initial Public Offering.
SQBG

Hot Stocks

10:10 EDT Sequential Brands sells Heelys brand to BBC International for $11M - Sequential Brands Group announced that it has closed on the sale of its Heelys brand to BBC International for $11M in cash proceeds. The majority of the net proceeds from the sale will be used to pay down debt.
CAE

Hot Stocks

10:07 EDT CAE opens COVID-19 Vaccination Centre in Quebec - CAE announced the opening of its COVID-19 Vaccination Centre, located at CAE's headquarters in the St-Laurent borough, the first hub of its kind to open in Quebec. CAE has been working in close collaboration with the CIUSSS du Nord-de-l'Ile-de-Montreal and Quebec's Ministry of Health and Social Services for operational support to ensure a safe and efficient vaccination roll-out. Several partnering companies have also offered resources and support- including ABB, CGI, Essilor, Intact, LEM experts-conseils, L'Oreal Canada, Medicom, Moneris, Pyure, Rolls-Royce Canada, Safran, Solotech and Top Aces. Partners contributed to this initiative by donating monetary contributions and/or protective and sanitary equipment, as well as medical and administrative personnel to staff the Centre.
CTAS

Hot Stocks

10:06 EDT Cintas announces Thomas Frooman to retire, D. Denton to succeed Frooman - Cintas announced Thomas Frooman, Senior Vice President, General Counsel and Secretary, will retire on July 31. D. Denton, the corporation's long-time lead outside counsel at Keating Muething & Klekamp, will replace Frooman as Senior Vice President, General Counsel and Secretary beginning August 1.
CSTR

Hot Stocks

10:05 EDT CapStar Bank appoints Christopher Tietz as chief credit policy officer - CapStar Bank named Christopher Tietz Chief Credit Policy Officer and EVP of Specialty Banking. In this new role, Mr. Tietz will continue to oversee the Company's credit policy administration, portfolio monitoring, loan review, and portfolio reporting while adding strategic planning and P/L responsibility for the Company's Commercial Real Estate, Mortgage, Tri-Net, Government Guaranteed Lending, Valley Title, and Southland Finance businesses. Simultaneously, Kevin Lambert has been hired to serve as Chief Credit Officer overseeing the Company's credit underwriting and portfolio management. Mr. Tietz and Mr. Lambert will each report to Timothy K. Schools, CapStar's President and CEO. Tietz has served as CapStar's Chief Credit Officer since 2016. Lambert most recently served as Senior Regional Credit Officer for First Citizens Bank.
LAZR EADSY

Hot Stocks

10:03 EDT Luminar announces partnership with Airbus subsidiary - Luminar Technologies (LAZR) announced a partnership with Airbus UpNext, an Airbus SE (EADSY) subsidiary "created to give future flight technologies a development fast-track by building, evaluating, maturing and validating new products and services that encompass radical technological breakthroughs." Luminar said: "The collaboration with Luminar will see teams of experts from both companies working closely to enhance sensing, perception, and system-level capabilities to ultimately enable safe, autonomous flight... The primary goal of the platform is to increase aircraft safety and ultimately enable autonomous operation with automatic obstacle detection. Luminar's technology is based on its high performance lidar sensors, which emit millions of pulses of laser light to accurately detect where objects are by scanning the environment in 3D."
NXST

Hot Stocks

10:02 EDT Nexstar Media to launch Rewind TV on September 1 - Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, announced that it will launch Rewind TV, a digital subchannel offering a slate of classic television sitcom hits from the 1980s and 1990s, on September 1, 2021. At its launch, Rewind TV will reach 40% of U.S. television households, or nearly 50 million homes, including New York, Los Angeles, and Chicago, the company said, adding that Rewind TV will be available on newly designated or recently vacated digital sub-channels licensed to Nexstar. Rewind TV's initial line-up of hit favorites will include: The Drew Carey Show, Murphy Brown, Growing Pains, Wings, Sabrina, The Teenage Witch, Who's the Boss and Family Ties. "This year marks Antenna TV's 10-year anniversary, and it continues growing and finding new audiences," said Sean Compton, President of Nexstar Media Inc.'s Networks Division. "To complement Antenna TV's strong following with Baby Boomers, we created Rewind TV to give Gen X viewers a network dedicated to their own nostalgic comedy classics."
ZH

Hot Stocks

10:00 EDT Zhihu falls -4.9% - Zhihu is down -4.9%, or -54c to $10.46.
CPAC

Hot Stocks

10:00 EDT Cementos Pacasmayo falls -6.0% - Cementos Pacasmayo is down -6.0%, or -42c to $6.57.
FSM

Hot Stocks

10:00 EDT Fortuna Silver Mines falls -13.6% - Fortuna Silver Mines is down -13.6%, or -$1.05 to $6.66.
BTCM

Hot Stocks

10:00 EDT BIT Mining Limited rises 9.4% - BIT Mining Limited is up 9.4%, or $1.42 to $16.59.
GSX

Hot Stocks

10:00 EDT GSX Techedu rises 14.2% - GSX Techedu is up 14.2%, or $3.84 to $30.91.
CSPR

Hot Stocks

10:00 EDT Casper Sleep rises 20.3% - Casper Sleep is up 20.3%, or $1.43 to $8.47.
ROKU...

Hot Stocks

09:49 EDT Roku calls Google terms 'unfair' as YouTube TV talks break down - In am email to its YouTube users, Roku (ROKU) said that recent negotiations with Alphabet's (GOOG, GOOGL) Google to carry the app "have broken down because Roku cannot accept Google's unfair terms as we believe they could harm our users." The message added, "Google's unfair and anticompetitive requirements to manipulate your search results, impact the usage of your data and ultimately cost you more." Shares of Roku are down $3.86 to $353.01 in morning trading.
AZN

Hot Stocks

09:48 EDT AstraZeneca sued by EU over Covid-19 vaccine shortfall, Kyriakides tweets - The European Union is suing AstraZeneca for failure to deliver on its Covid-19 vaccine contract, the bloc's health commissioner said via Twitter. "Our priority is to ensure #Covid-19 vaccine deliveries take place," Stella Kyriakides said. Reference Link
ACI

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09:47 EDT Albertsons falls -4.2% - Albertsons is down -4.2%, or -81c to $18.38.
VST

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09:47 EDT Vistra Energy falls -4.9% - Vistra Energy is down -4.9%, or -86c to $16.63.
FSM

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09:47 EDT Fortuna Silver Mines falls -13.4% - Fortuna Silver Mines is down -13.4%, or -$1.03 to $6.68.
GSX

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09:47 EDT GSX Techedu rises 8.6% - GSX Techedu is up 8.6%, or $2.33 to $29.41.
CSPR

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09:47 EDT Casper Sleep rises 9.0% - Casper Sleep is up 9.0%, or 64c to $7.67.
SEAH

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09:47 EDT Sports Entertainment Acquisition rises 9.4% - Sports Entertainment Acquisition is up 9.4%, or 92c to $10.70.
GTHX

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09:45 EDT G1 Therapeutics announces publication of pooled results from COSELA program - G1 Therapeutics announced that the peer-reviewed journal of Clinical Lung Cancer has published the final pooled results from three clinical trials of COSELA in extensive-stage small cell lung cancer. Compared with placebo, administering COSELA prior to chemotherapy resulted in significant decreases in most measures of multilineage chemotherapy-induced myelosuppression, with a reduction in the incidence of chemotherapy-related hematologic adverse events. The myeloprotective benefits of COSELA translated into a reduced need for supportive care interventions and hospitalizations due to CIM or sepsis, and improvements in health-related quality of life domains, including fatigue, physical well-being, and functional well-being, with no impact on the antitumor efficacy of the individual chemotherapy regimens in ES-SCLC. COSELA was approved by the U.S. Food and Drug Administration on February 12, 2021 to decrease the incidence of chemotherapy-induced myelosuppression in adult patients when administered prior to a platinum/etoposide-containing regimen or topotecan-containing regimen for ES-SCLC. The Clinical Lung Cancer publication is titled Effects of Trilaciclib on Chemotherapy-Induced Myelosuppression and Patient-Reported Outcomes in Patients with Extensive-Stage Small Cell Lung Cancer: Pooled Results from Three Phase 2 Randomized, Double-Blind, Placebo-Controlled Studies. Data from three randomized, double-blind, placebo-controlled studies were pooled to evaluate the effects of COSELA administered prior to standard-of-care chemotherapy in patients with ES-SCLC. The primary endpoints were duration of severe neutropenia in cycle 1, and occurrence of severe neutropenia. Additional prespecified endpoints further assessed the effect of COSELA on myeloprotection, HRQoL, antitumor efficacy, and safety. Of 242 randomized patients, 123 received COSELA and 119 received placebo. Compared with placebo, administration of COSELA prior to chemotherapy resulted in significant decreases in most measures of multilineage CIM. For example, statistically significant improvements in the primary endpoints of duration of severe neutropenia in cycle 1 and occurrence of severe neutropenia were observed in the COSELA group versus the placebo group. Mean DSN in cycle 1 was 0 days with COSELA versus 4 days with placebo, and throughout the treatment period, 14 patients in the COSELA group had SN versus 63 patients in the placebo group. Most secondary myelosuppression endpoints, including the percentage of patients with G-CSF administration, grade 3/4 anemia, RBC transfusions on/after week 5 of study treatment, ESA administrations, and grade 3/4 thrombocytopenia also significantly favored COSELA over placebo. The reduction in hematologic toxicity translated into the reduced need for supportive care interventions and hospitalizations due to CIM or sepsis, and improvements in HRQoL domains related to the protected cell lineages, including physical and functional wellbeing, symptoms and impact of fatigue, and the symptoms and effects on physical and functional wellbeing due to anemia as reported in the patient reported outcome data. The authors concluded that administering COSELA prior to chemotherapy resulted in clinically meaningful reductions in CIM and its consequences, and improved patient HRQoL, with no impact on the antitumor efficacy of three individual chemotherapy regimens used in the first- or second-/third-line treatment of ES-SCLC.
CIDM

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09:43 EDT Cinedigm launches new streaming channel in partnership with Fantawild Animation - Cinedigm announced that the linear streaming channel Fantawild has launched in partnership with Fantawild Animation. The channel, set to refresh monthly with additional content, will feature movies and series from the Boonie Bears franchise as well as other animation brands like Kung Fu Masters of the Zodiac. "The Boonie Bears films have grossed over $500M in box office; the television series are the most watched animation on over 200 channels and all three are the highest-rated programs in the history of CCTV Children's Channel. Cinedigm looks to capitalize on the brand's popularity by distributing Fantawild's programming to viewers across North America," the company said.
IMCC

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09:40 EDT IM Cannabis Corporation trading resumes
LHDX

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09:37 EDT Lucira Health's Check It Covid-19 self-test receives interim order authorization - Lucira Health announced that Health Canada issued an Authorization with Conditions for the LUCIRA CHECK IT COVID-19 test kit. The Authorization with Conditions was issued by Health Canada under the Interim Order Respecting the Importation and Sale of Medical Devices for Use in Relation to COVID-19. The LUCIRA CHECK IT COVID-19 test kit is the first self-test authorized by Health Canada for individuals with or without symptoms. It delivers PCR quality molecular accuracy in 30 minutes or less at home and is expected to be available online for Canadians to order by June 2021 for approximately C$75.00, excluding applicable taxes and delivery charges, Lucira Health said in a statement.
SIRI

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09:36 EDT Sirius XM acquires Roman Mars' 99% Invisible podcast - SiriusXM announced that it has acquired 99% Invisible, the company owned by Roman Mars, the creator, host, and executive producer of the groundbreaking 99% Invisible podcast. The acquisition brings the acclaimed podcast host and his team to SiriusXM, where they will continue to operate 99% Invisible, the podcast What Trump Can Teach Us About Con Law, and develop new podcast projects. 99% Invisible will become part of Stitcher, the pioneering podcast company SiriusXM acquired last year as part of its goal to build the best home for podcast creators.
INPX

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09:31 EDT Inpixon acquires AR, computer vision technologies from Visualix - Inpixon announced the acquisition of a suite of augmented reality, computer vision, localization, navigation, mapping, and 3D reconstruction technologies, including patents, trademarks, software and related intellectual property, from Visualix. "Merging the virtual and physical worlds can transform the way we interact with our environment, tell stories, and utilize information," noted Nadir Ali, CEO of Inpixon. "The opportunities for augmented reality and computer vision to create smarter, safer and more secure spaces are nearly limitless -- everything from navigation, asset tracking and smart-office applications to customer service, marketing and gamification. Both existing and potential customers have already expressed a desire for AR technologies. This acquisition illustrates our commitment to continuous innovation and integration of industry-leading, best-of-breed technologies positioning Inpixon to be able to meet this next wave of technology demand."
IMCC

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09:30 EDT IM Cannabis Corporation trading halted, volatility trading pause
OSPN

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09:29 EDT OneSpan says change to 'modern, cloud-based software company underway' - OneSpan filed definitive proxy materials with the Securities and Exchange Commission in connection with its annual meeting of stockholders, which is scheduled to be held on June 9. Stockholders of record as of close of business on April 19, 2021 will be entitled to vote at this meeting. The proxy statement and other important information relating to the annual meeting of stockholders can be found at OneSpanValue.com. OneSpan also sent a letter to stockholders. In the letter the Company describes: OneSpan's ongoing transformation from a hardware-centric technology company into a modern, cloud-based software and solutions provider; The evolution of the OneSpan Board of Directors over time to ensure the skills and experience of the Board are matched with the business' evolving risks and opportunities; The Board's active consideration of certain divestitures and strategic alternatives; and Why OneSpan believes Legion's campaign is both unfortunate and unnecessary.
SCPS

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09:28 EDT Scopus BioPharma submits IND to FDA for lead cancer drug candidate - Scopus BioPharma submitted an investigational new drug application, or IND, to the FDA for its immuno-oncology RNA therapy for the treatment of multiple cancers. The IND filing is a key milestone for the planned Phase 1 clinical trial for B-cell non-Hodgkin lymphoma to be initiated at City of Hope. Scopus' lead drug candidate encompasses both RNA therapy and immunotherapy by synthetically linking siRNA to an oligonucleotide TLR9 agonist, creating the potential for targeted gene silencing with simultaneous TLR stimulation and immune activation in the tumor microenvironment.
IFJPY

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09:20 EDT Informa Financial Intelligence to combine FBX business with Novantas - Informa Financial Intelligence, a provider of solutions for financial services professionals, announced that their FBX business will be combined with Novantas, a fintech provider of advanced decision support systems and data to the banking industry. The development has been agreed between Informa, Novantas, and Inflexion, a mid-market private equity firm. The combination is subject to customary U.S. regulatory approval and the finalization of additional terms and documentation and is expected to complete by the end of the first half of 2021. The majority owner of the combined business will be Informa, with Novantas and Inflexion investing alongside Informa to retain significant minority stakes.
GNUS

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09:16 EDT Genius Brands reports over 2M views for 'Stan Lee's Superhero Kindergarten' - Following the Friday April 23rd premiere, exclusively on Kartoon Channel!, of the animated children's series, Stan Lee's Superhero Kindergarten, starring Arnold Schwarzenegger, Genius Brands International, announced that the double-episode premiere delivered two million+ views opening weekend.
SDXAY

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09:15 EDT Sodexo launches foodiE Cafe for middle school cafeteria meals - Sodexo announced the launch of foodiE Cafe, a new integrated middle school dining experience. Comprised of trending flavor profiles, convenient meals, sustainable alternatives, and healthy options - served fast - foodiE Cafe is designed to enhance the lunch period and exceed the expectations of middle school students, administrators, and parents.
MNKD

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09:13 EDT MannKind reduces legacy debt by $49.5M, restructures remaining obligations - MannKind announced that on April 22, 2021 it and MidCap Financial Trust, as agent, entered into an amendment of the credit and security agreement dated August 6, 2019. In addition, MannKind and Mann Group, LLC entered into an amendment of the terms of the Mann Group convertible note and repaid in full outstanding amounts under the Mann Group non-convertible note on April 22, 2021. In connection with these transactions, MannKind reduced its outstanding amount of indebtedness, yet retained flexibility to borrow additional amounts under tranche 3 of the MidCap Credit Facility, which is available to borrow until June 30, 2022, subject to the satisfaction of certain milestone conditions associated with Tyvaso DPI. The MidCap Credit Facility was amended to modify several terms, including: increasing the funds available in tranche 3, if drawn by the Company, from $25.0 million to $60.0 million; revising the conditions to drawing tranche 3, including milestone conditions associated with Tyvaso DPI(TM); providing for an exit fee of $1.0 million in connection with the prepayment described below in lieu of the existing prepayment penalty and exit fees; removing the requirement to issue a warrant to purchase shares of MannKind's common stock upon the drawdown of tranche 3; decreasing the interest rate on the remaining outstanding debt; extending the interest-only period and maturity of term loans under the MidCap Credit Facility; reducing the minimum cash covenant from $30.0 million to $10.0 million, effective immediately, and eliminating such covenant in the event that Tyvaso DPI is approved by the FDA; eliminating the requirement to test compliance with the minimum Afrezza net revenue covenant so long as the Company has $90.0 million or more of unrestricted cash; permitting the Company to make certain acquisitions subject to certain conditions; and permitting the Company to make investments of up to an additional $9.0 million so long as the Company has $90.0 million or more of unrestricted cash following such investment. In connection with the amendment of the MidCap Credit Facility, MannKind prepaid $10.0 million in cash to reduce the principal balance under the MidCap Credit Facility from $50.0 million to $40.0 million. The Mann Group convertible note was amended to lower the interest rate to 2.5%, effective April 22, 2021, and to extend the maturity to December 2025. In addition, MannKind repaid the entire principal amount of $35.1 million outstanding, together with accrued and unpaid interest thereon, under the Mann Group non-convertible note and paid all accrued and unpaid interest outstanding under the Mann Group convertible note. MannKind also announced that it is evaluating the considerations underlying a potential sale-leaseback of its manufacturing facility in Connecticut, which is being negotiated under a previously announced letter of intent. The Company will update investors regarding its plans for the facility at a future date.
USIO

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09:11 EDT Usio reports Q1 credit card dollars processed up 30% - First Quarter Processing Results: Credit Card Dollars Processed + 30%; Credit Card Transactions Processed + 105%; Prepaid Card Load Volume + 105%; Prepaid Card Transaction Volume + 89%. More ACH and Card transactions were processed in the first quarter of 2021 than any previous quarter in the company's history. Total Dollars processed in the first quarter of 2021 were $1.86 billion, topping the previous all-time record of $920 million that was set in fourth quarter of 2020. Louis Hoch, President and CEO of Usio, said, "First quarter electronic payments and dollar transaction processing volume was more than double our previous record quarter, which was set in the fourth quarter of 2020. These two consecutive quarters of record dollars processed clearly indicates our business has inflected, and we have now been consistently operating at a significantly higher level of activity. There has been a doubling of key performance metrics in each of our segments, with ACH electronic check dollars processed up 139%, and credit card transactions processed and prepaid load volume both up 105%. The new year is off to a great start and we are capitalizing on the strong business momentum by continuing to invest in our growth platforms to further strengthen the Usio franchise."
TDOC

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09:10 EDT Teladoc names Claus Jensen as chief innovation officer - Teladoc Health has named Claus Jensen as chief innovation officer to lead the research and development team. "We are excited to welcome Claus to the Teladoc Health team to lead our innovation efforts," said Jason Gorevic, Teladoc Health CEO. "With deep experience transforming hospital systems and health plans, Claus is the right leader at the right time to accelerate Teladoc Health's vision of connecting the healthcare experience from hospital to home." Jensen joins Teladoc Health from Memorial Sloan Kettering Cancer Center (MSK), where he served as chief digital officer and head of technology.
NAOV

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09:09 EDT NanoVibronix announces expanded CMS reimbursement approval for PainShield - NanoVibronix announced that the U.S. Centers for Medicare and Medicaid Services has expanded its reimbursement approval of the company's PainShield product by adding the device to its Durable Medical Equipment schedule. Effective immediately, PainShield is reimbursable as an approved medical device under a unique reimbursement code assigned by CMS for low frequency ultrasonic diathermy treatment specifically for home use. The product is currently the only device approved for reimbursement under the unique HCPCS code K1004.
VERB

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09:09 EDT Verb Technology CEO says Q1 'off to an impressive start' - Verb Technology Company released a letter to shareholders from Chairman & CEO Rory Cutaia. The letter, read in part: "I wanted to take this opportunity to share my excitement with you as we drive toward the realization of our shared vision for your company - yes - your company - VERB is as much your company as it is ours. I'm referring to the vision that launched a multi-year journey culminating in the development of assets and the commercial release of products that we believe will produce both near-term and long-term value for you, our shareholders, whom we consider our co-owners, as well as for ourselves. Meaningful value. Indeed, virtually all of us here at VERB are shareholders, and as such, our interests are in complete alignment with yours...2020 SaaS Recurring Revenue - Up 82% over the prior year. The amount and rate of growth of SaaS recurring revenue are the most important measures of value for any software business. While we believe our 2020 rate of growth in our core business was impressive, especially in light of the challenges imposed by a global pandemic, we anticipate even greater growth this year. Total User Downloads - up more than 250% over the same period last year. Now more than 1.93M. We completed the accretive acquisition of SoloFire, a leading SaaS sales enablement platform for healthcare and life sciences sales. This acquisition provides us with immediate entry into the lucrative medical and life sciences sales market, which we believe is one of the largest and fastest growing markets for the sales enablement software industry. 2020 proforma revenue for that platform was $1M, though we were only able to recognize $130,000 in 2020 due to GAAP revenue recognition rules. However, we will be able recognize most of that revenue this year together with the anticipated and ongoing additional sales growth we expect to generate from that new vertical...Our Microsoft Outlook integration of VERB interactive video sales technology is now in public beta testing, with imminent commercial release. Our Microsoft Outlook VERB App add-in availability is anticipated through Microsoft's Commercial Marketplace and Co-Sell program with Microsoft's field sales reps. Assuming we can gain access to Microsoft's Co-Sell program, which based on our communications with Microsoft appears likely, this may be one of the most important revenue and value creators our Company may experience this year and beyond, among a strong field of very promising catalysts. Q1 2021 unaudited projected results indicate more than 30% SaaS recurring revenue growth over Q1 2020 and up more than 10% over Q4 2020. We launched verbTEAMS for small businesses and solo entrepreneurs, a new self-onboarding content management and customer relationship management platform with integrated verbLIVE livestream ecommerce capability and one-click synchronization to Salesforce. Healthy Balance Sheet - Last month we closed a registered direct offering for straight common shares - with no warrants - for gross proceeds of $15M to further enhance our balance sheet...Marketplace - How do you take livestream ecommerce technology and make it even more fun, engaging, social, entertaining, compelling, and lucrative? Create a 24/7 online destination where anyone can go to experience scores of simultaneous interactive livestream presentations hosted by retailers, consumer brands and influencers across numerous categories, where viewers/customers/fans and followers can go in and out of live events, converse with hosts and other shoppers in real time - browse, shop, chat and simply enjoy the experience of the next generation of livestream ecommerce. That's VERB MARKETPLACE - it's built and in active beta testing with numerous retailers. This will be a new revenue model for us as we will participate in the volume of sales generated through the platform. Attribution Technology - We are nearing completion of our Attribution Technology which we believe elevates the already exciting livestream ecommerce experience to greater heights. Think about the benefits of an affiliate marketing program on steroids. With our attribution feature, sales reps can invite their clients, customers, and prospects to watch a colleague's verbLIVE event knowing they will get credit for any purchases made by their clients, customers, or prospects at their colleague's verbLIVE event. Think about how this will drive conference attendance and revenue generation, among other revenue generating applications and opportunities. And think about how this technology will impact participation in VERB MARKETPLACE. This is our technology; we developed it and it further demonstrates our commitment to the leadership position in the new generation of SaaS sales enablement and ecommerce paradigm. $1M a year clients. This year we're seeing the average client and deal size increase dramatically, as we target and attract larger businesses for our products and services. We've now signed our first $1M-a-year revenue potential client, driven by our verbLIVE product and have several more in our sales pipeline. We're also adding many more salespeople as we have a clearly defined path to ROI per sales rep. In addition, we've recently added several product professionals, creating a deeper bench for our product teams, and revamped our entire development team and processes, moving to an agile environment which has not only resulted in a more efficient, effective, rapid, and higher quality development cycle, but also resulted in significant cost savings. These cost savings will help us execute our current plan to reduce our burn and drive aggressively toward cash flow positive status through a reduction in operating expenses quarter over quarter, coupled with higher topline revenue generation. I'm also happy to report that our shareholder base has expanded dramatically - almost three-fold - from individual retail investors, to a broad array of funds, family offices, and other institutional investors, which now comprise more than 12,500 shareholders."
LIVN...

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09:07 EDT LivaNova, Verily enroll first patient in UNCOVER study - LivaNova (LIVN) and Verily, a subsidiary of Alphabet (GOOGL) focused on life sciences and healthcare, announced that the first patient has been enrolled in their collaborative UNCOVER study or "The RECOVER Sub-Study, Which Leverages Quantitative and Credible Research Tools from Verily, Will Provide Assessment Measures for Depressive Episodes." UNCOVER is an opt-in research study for patients taking part in the ongoing LivaNova clinical study RECOVER or "A Prospective, Multi-center, Randomized Controlled Blinded Trial Demonstrating the Safety and Effectiveness of VNS Therapy(R) as Adjunctive Therapy Versus a No Stimulation Control in Subjects with Treatment-Resistant Depression." The UNCOVER sub-study deploys technology-enabled research tools from Verily to evaluate the real-world effectiveness of VNS Therapy as an adjunctive treatment for difficult-to-treat depression, or DTD.
HLG

Hot Stocks

09:07 EDT Hailiang Education Group acquires 100% equity interests in Feicheng Hailiang - Hailiang Education Group has acquired from its affiliate, Hailiang Education Investment Group, 100% equity interests in Feicheng Hailiang Education Investment, for a total consideration of RMB22.9M. Feicheng Education Investment has been the sole sponsor of Feicheng Hailiang Foreign Language School since 2018. The company and Feicheng Education Investment have completed relevant corporate and regulatory procedures on April 26. Located in Feicheng City, Shandong Province, China, Feicheng Foreign Language is a private non-profit school with a total capacity of up to 800 students.
RSG

Hot Stocks

09:07 EDT Republic Services opens first No. California organics pre-processing facility - Republic Services announced the opening of its first Northern California organics pre-processing facility, which will help Bay Area communities meet the requirements of a new state law mandating diversion of food and yard waste from landfills. The facility removes contamination from food waste collected from businesses in Contra Costa County, and produces clean organic material that is converted into renewable energy through a partnership with the East Bay Municipal Utility District.
BSET

Hot Stocks

09:06 EDT Bassett Furniture signs lease for facility in North Carolina - Bassett Furniture announced that it has signed a lease for a 123,000 square foot manufacturing facility in Newton, North Carolina. The company reported previously in its Form 10-Q for the quarter ended February 27, 2021, that lease negotiations with the landlord were ongoing. Production at the facility is expected to start in June 2021 and ramp up during the company's fiscal third quarter. Efforts have begun to hire an additional 80 employees to staff the facility.
BSET

Hot Stocks

09:06 EDT Bassett Furniture signs lease for facility in North Carolina - Bassett Furniture announced that it has signed a lease for a 123,000 square foot manufacturing facility in Newton, North Carolina. The company reported previously in its Form 10-Q for the quarter ended February 27, 2021, that lease negotiations with the landlord were ongoing. Production at the facility is expected to start in June 2021 and ramp up during the company's fiscal third quarter. Efforts have begun to hire an additional 80 employees to staff the facility.
BSET

Hot Stocks

09:06 EDT Bassett Furniture announces wholesale order financial information for March - Bassett Furniture announced today that wholesale orders for March 2021 increased 125% over March 2020 and 52% over March 2019. Shipments for March 2021 increased 59% over March 2020 and 21% over March 2019. Wholesale backlogs ended March 2021 9% higher than at the end of the company's first fiscal quarter ended February 27, 2021.
FAF

Hot Stocks

09:06 EDT First American awarded patent for an 'innovative improvement' to OCR - First American Financial announced that the United States Patent and Trademark Office has issued the company a patent for an innovative improvement to optical character recognition technology that leverages artificial intelligence. The patented enhancement applies artificial intelligence to rapidly, efficiently, and accurately validate and correct text obtained from a document image via OCR, fueling more accurate automated title underwriting and production on key text-based components of the title policy. "The new patent for OCR Error Correction is the eighth patent we have been awarded in the last 12 months and further demonstrates First American's continuing leadership in driving innovation within the title and settlement services industry," said Dennis J. Gilmore, CEO, First American Financial Corporation. "First American has been at the forefront of title and settlement innovation for decades, leading the industry shift to computer-based title plants in the late 20th century, and continues to drive innovation today, leveraging artificial intelligence and machine learning technologies to accelerate the digital transformation of the real estate settlement process."
MGM

Hot Stocks

09:05 EDT CityCenter enters pact to sell two-acre parcel of land in Las Vegas for $80M - CityCenter Holdings, a venture between MGM Resorts and Infinity World Development Corp, announced that it has entered into a definitive agreement to sell its two-acre site to 63SLVB, LLC, owned by locally-based long-time national retail developers Brett Torino of Torino Development and Paul and Dayssi Kanavos of Flag Luxury, for approximately $80M. Located in the heart of the iconic Las Vegas Strip, this undeveloped parcel of land sits within the CityCenter campus, adjacent to The Shops at Crystals on the corner of Las Vegas Boulevard and Harmon Avenue. Under the terms of the agreement, 63SL VB, LLC intends to develop a multi-level retail complex comprising specialty retail and casual and fine dining. Arquitectonica of Miami Beach has been engaged to create a design that is commensurate with the image, standards, and mixed-use nature of the CityCenter campus. The transaction is expected to close in the second quarter.
MMS

Hot Stocks

09:05 EDT Maximus awarded up to $950M in two contracts for Restart Program in UK - Maximus announced that Maximus UK, a wholly-owned subsidiary of Maximus, secured two contracts to deliver the Restart program in South and East London, and in South and West Yorkshire, Derbyshire, and Nottinghamshire. The Restart program provides 12 months of tailored and community-based support for people that are long-term unemployed, and forms part of the UK Government's Plan for Jobs to help people directly impacted by the pandemic. It was procured through the CAEHRS Framework announced last year. To deliver the program, Maximus has partnered with local authorities, social enterprises, and sector experts in recruitment and skills, including leading providers of adult education. Maximus will also invest more than $13M into hundreds of community organizations, charities, and small and medium sized businesses through Community Partnership Networks, co-locating services in towns and cities, and funding support to help Restart participants develop new skills, overcome barriers, and find work. In total, the two contracts are for four years with a two year option, and are valued at more than $960M for the total contract period.
LAZR

Hot Stocks

09:05 EDT Luminar jumps 7% to $23.80 following reports of Airbus partnership
NWBI

Hot Stocks

09:04 EDT Northwest Bancshares increases quarterly dividend 5.3% to 20c per share - Northwest Bancshares increased the quarterly cash dividend by 5.3% to 20c per share payable on May 17 to shareholders of record as of May 6.
VITL LEVI

Hot Stocks

09:03 EDT Vital Farms appoints Bal as general counsel, corporate sectretary, head of ESG - Vital Farms (VITL) announced the appointment of Joanne Bal as General Counsel, Corporate Secretary and Head of Environmental, Social and Governance, or ESG, effective April 26. In this newly created role, Bal will be responsible for legal strategy and compliance, as well as leading Vital Farms' ESG initiatives, which includes designing, implementing, and reporting on the company's ESG mission. Bal brings over 25 years of legal experience and most recently served as Vice President & Chief Counsel for Levi Strauss Americas (LEVI).
EBET

Hot Stocks

09:03 EDT Esports Technologies launches wagering platform in Thailand - Esports Technologies announced the launch of its consumer platform, Gogawi, in Thailand. Gogawi.com, recently launched in Japan and now available in more than 140 jurisdictions, is an esports-focused betting destination offering wagering on the top tournaments and esports matches.
IMAC

Hot Stocks

09:02 EDT IMAC to increase Back Space test market to ten stores - IMAC Holdings issued a corporate update in a Letter to Shareholders from CEO Jeff Ervin. The company said, "I am excited about the progress we made since completing our equity offering one month ago. While there hasn't been a singular event to trigger material disclosures, IMAC has been productive with each of our business lines and is pleased to provide interim updates on some of our growth initiatives. The Back Space, our new retail spine and neck care venture, now has a foundational platform for the business to grow into a national brand. Our technology infrastructure is complete and expandable to capitalize on future developments of our http://www.back.co/ digital presence. As for the physical store presence, we have faced minor slowdowns in the launch of the initial store. However, the buildout process is proving to be replicable and future buildouts are expected to take less than ten weeks from acquisition of premises to occupancy. We are increasing the Back Space test market to ten stores. Implementing the first store allowed us to gain comfort in our supply chain and resources needed to open for business. We are using current IMAC staff to launch the test market and appointed Christine Long as our interim manager of the Back Space launch. Ms. Long has in-depth experience to manage the test market having served in her prior role as regional manager for a large massage company. We created a discount program for our strategic partner. Their employees and customers will have access to the Back Space's inaugural location when it opens during a "soft" opening the first week of May. Next, IMAC's core business is experiencing fewer COVID-related disruptions related to patient cancellations and employee quarantines over the past month. Additionally, our recent Regeneration Center acquisitions are advancing our Florida presence. The Orlando clinic is fully integrated and now offers IMAC's complete line of regenerative rehabilitation therapies. We also expect to complete the full-service implementation of IMAC services in our recent Tampa acquisition before May 15, 2021. Florida remains an area of interest for continued expansion. Finally, IMAC's balance sheet is as strong as it has ever been. We retired $1.8 million of our highest-interest rate debt over the past 30 days. We continue to be excited about our recent progress and anticipate further updates during our first quarter earnings release on May 13. We thank you, our shareholders, for your continued support."
RNWK

Hot Stocks

08:57 EDT SAFR from RealNetworks awarded third SBIR contract from USAF - SAFR(R) from RealNetworks announced it was awarded its third Small Business Innovation Research contract. This contract enables SAFR to advance its computer vision platform to support perimeter protection and domestic search and rescue missions. The SBIR contract allows SAFR to enhance its platform to run on an NVIDIA Jetson AGX Xavier based UGV system. The addition of SAFR's AI-powered analytics on autonomous and semi-autonomous robotic devices provides a force multiplier and a layer of safety for defense and civilian security and emergency services personnel.
ISRG

Hot Stocks

08:51 EDT Intuitive Surgical appoint Monica Reed to board of directors - Intuitive announced the appointment of Dr. Monica Reed, a former AdventHealth executive, to its board of directors effective April 22, 2021. "Dr. Reed brings decades of leadership insight, experience, and accomplishments in hospital and health system administration that will complement our existing board," said Intuitive CEO Gary Guthart. "We look forward to her contributions as we continue to improve how we serve our surgeon, hospital, and healthcare system customers in this rapidly evolving healthcare environment."
CROJF

Hot Stocks

08:48 EDT Marimaca Copper appoints Hayden Locke as CEO, Petra Decher as CFO - Marimaca Copper is pleased to announce several changes to the structure of its board and senior management team as it positions itself for the transition from explorer to developer and, eventually, copper producer. Highlights: Mr. Mike Haworth transitions from Executive to Non-Executive Chair; Current President, Mr. Hayden Locke, to assume the role of CEO and join the Board of Directors; Ms. Petra Decher to assume the role of CFO and step down from the Board of Directors; Mr. Colin Kinley to succeed Ms. Decher as Lead Independent Director and Chair of the Audit Committee; Creation of the role of COO, to be assumed by Mr. Luis Tondo; Appointment of Ms. Laura Rich as General Counsel and Corporate Secretary; Mr. Clive Newall appointed as a member of the Audit Committee and Compensation & ESG Committee; Final assay results from Marimaca Sulphide Target drilling expected to be received at the end of April. The Company continues to make progress with the various technical workstreams associated with the MOD including the Phase 5 metallurgical test work program, geohydrology and hydrology, geotechnical studies, and investigations and engagement on power and water. In addition, it continues to complete various surface exploration programs including geochemical sampling and mapping across its large land package. Finally, the Company will imminently commence a detailed option trade-off study, which will assist the Company to define the basis of design that will be taken into the Feasibility Study, which is expected to commence in the second half of 2021. Marimaca Copper continues to monitor the situation with respect to COVID-19 in Chile and has implemented systems and processes to ensure the safety of its people and assets during this challenging period. The Company continues to make good progress on the various technical workstreams it had planned for 2021 and does not expect any material delays to its development timelines at this stage.
NBN

Hot Stocks

08:47 EDT Northeast Bancorp announces increased share repurchase program - Northeast Bank announced that its board of directors has approved an increase to its previously approved share repurchase program from 600,000 shares to 1,000,000 shares of common stock, or up to $25M, representing approximately 12.0% of the Bank's common stock outstanding. Repurchases under this program may be made in open market transactions. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions, and other corporate liquidity requirements and priorities. The repurchase program does not obligate the Bank to purchase any particular number of shares. The repurchase program may be suspended or terminated at any time without prior notice, and it will expire July 21, 2021. In addition to the 1,000,000 shares discussed above, the Bank has an additional 46,902 shares available to repurchase under its previously announced share repurchase plan, which will expire on October 21, 2021.
BTTR GIS

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08:45 EDT Better Choice announces appointment of Gil Fronzaglia to board of directors - Better Choice (BTTR) announces the appointment of Gil Fronzaglia, former Blue Buffalo (GIS) founding shareholder, to the board of directors. Michael Young, chairman of Better Choice, stated, "We are excited to have Gil Fronzaglia join our board of directors. Not only does Gil have exceptional experience in the pet space as a founding member of Blue Buffalo, but he has built and sold many consumer-packaged goods companies in the natural food and beverage industry. Gil brings a wealth of industry specific knowledge and invaluable industry contacts, which will help to accelerate Better Choice's already rapidly growing revenue."
BDRBF

Hot Stocks

08:45 EDT Bombardier appoints Eve Laurier as VP, communications, public affairs, marketing - Bombardier announced the appointment of Eve Laurier as Vice President, Communications, Public Affairs and Marketing. Eve will report directly to Bombardier President and CEO Eric Martel and will lead the company's community engagement, employee and customer outreach, and steward the brand journey internally and externally, around the world. She most recently served as a General Manager at Edelman.
GSX GOTU

Hot Stocks

08:44 EDT GSX Techedu to change ticker to 'GOTU' on May 6 - GSX Techedu announced that it will change its ticker symbol on the New York Stock Exchange from "GSX" to "GOTU." Trading under the new ticker symbol will begin on May 6.
NG

Hot Stocks

08:44 EDT NovaGold issues 2020 integrated annual report - NOVAGOLD RESOURCES has published its 2020 Integrated Annual Report and Sustainability Summary. This year's annual report features two comprehensive messages to shareholders and NOVAGOLD's hallmark Questions and Answers section. Dr. Thomas S. Kaplan's Chairman's Letter, entitled "Modern Monetary Theology for a World in Flux", summarizes for fellow shareholders his thoughts on the current state of the gold industry and the emergence of cryptocurrencies; elaborates on his history with the Company as well as its strategy; speaks about NOVAGOLD's strong alliances with Barrick Gold Corporation and our Native Corporation partners in Alaska; highlights the unique attributes of the Donlin Gold project; and presents the importance of the Company's singular focus on sustainability and ESG as we bring Donlin Gold up the value chain. In NOVAGOLD's President and CEO Message to Shareholders, Greg Lang summarizes the remarkable outcome of the highly successful 2020 Donlin Gold drill program. Despite being overshadowed by the COVID-19 pandemic, with zero COVID-19 cases or Lost-Time Incidents on site, the largest program of its kind in 12 years was completed on time and yielded outstanding results, with higher grade-thickness than had been predicted by previous modelling. Mr. Lang reinforces the Company's ESG principles and its strong time-tested relationships with the project's Native Corporation partners, Calista Corporation and The Kuskokwim Corporation, with whom NOVAGOLD and Donlin Gold are working to bring long-lasting benefits for future generations of residents in the Yukon-Kuskokwim region. In addition, he reviews the Company's excellent financial position and outlines its 2021 goals and budget.
WNDW

Hot Stocks

08:43 EDT Solarwindow appoints Sergio Pombo as senior advisor, government relations - SolarWindow Technologies announced the appointment of Sergio Pombo as Senior Advisor, Government Relations and Public Funding. Mr. Pombo is Co-Founder of Berkana Private Equity, LLC and a Member of the Center for Study of the US Presidency and Congress.
RBB

Hot Stocks

08:43 EDT RBB Bancorp announces 500K share repurchase program, 13c per share dividend - RBB Bancorp announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend is payable on May 14, 2021 to common shareholders of record as of May 7, 2021. The Bank also announced that its Board of Directors has adopted a stock repurchase program. Under the repurchase program, the Company may repurchase up to 500 thousand shares of its common stock, or approximately 2.56% of its outstanding shares. "Our Board of Directors' decision to increase the dividend and authorize a new share repurchase program demonstrates our confidence in the future prospects of the Bank and provides additional flexibility to create value for our shareholders," said Mr. Alan Thian, Chairman, President and CEO of RBB Bancorp.
WKHS THRM

Hot Stocks

08:42 EDT Workhorse Group appoints Ryan Gaul as president of commercial vehicles - Workhorse Group (WKHS) announced that it has appointed Ryan Gaul to the newly created position of "President - Commercial Vehicles," effective April 22. The President - Commercial Vehicles role will be responsible for managing Workhorse's commercial vehicles division, including its manufacturing facility in Union City. Gaul will report directly to company CEO, Duane Hughes. Since 2002, he has held leadership roles of increasing responsibility at Gentherm (THRM), most recently serving as Senior Vice President Global Manufacturing and Supply-Chain.
PACB

Hot Stocks

08:42 EDT Pacific Biosciences launches HiFi Sequencing and Software v10.1 release - Pacific Biosciences of California announced the availability of HiFi Sequencing and Software v10.1 Release on the Sequel II and Sequel IIe Systems. The new release increases the number of HiFi reads at or above 99.9% accuracy for whole genome sequencing-based applications. This combined release further improves the quality of HiFi Sequencing while providing an efficient and scalable workflow for sequencing hundreds to thousands of whole human genomes per year on Sequel II and IIe Systems.
KTOS

Hot Stocks

08:41 EDT Kratos Defense demonstrates SATCOM Situational Awareness - The company said, "Kratos Defense & Security Solutions announced that they were the first to successfully exhibit an integrated SATCOM capability providing real-time Situational Awareness to an operationally secure environment. The demonstration included roaming among different networks to optimize wideband satellite communications using Enterprise Management and Control. EM&C is an effort by the DoD to plan, initiate, monitor and restore rapid, automated access to hybrid satellite constellations and networks, operated by various service providers. The demonstration was part of a multi-national Joint All Domain Command and Control demonstration hosted by U.S. European Command, U.S. Air Forces in Europe and Air Forces Africa, and the Department of the Air Force Chief Architect Office. EM&C capabilities provided by Kratos and its industry partners highlighted a means for providing real-time satellite communication end-to-end connectivity status and operational readiness including spectral data, link and equipment status and detecting/geolocating electromagnetic interference. The event also highlighted a method to restore satellite service in response to interference and the capability to gather and fuse information from sensors and satellites through the Unified Data Library. The UDL is a U.S. government owned, cloud-enabled database accessible by the DoD and coalition partners. The capabilities available through EM&C are important as they support real-time warfighter communication across domains in times of war or conflict."
CHEF

Hot Stocks

08:40 EDT Chefs' Warehouse acquires Foley Fish - The Chefs' Warehouse announced that it has acquired substantially all of the assets of M.F. Foley. "We are thrilled to welcome Foley Fish into the Chefs' Warehouse family of companies," said Christopher Pappas, chairman and CEO of The Chefs' Warehouse. "Foley's uncompromising dedication to quality aligns perfectly with our focus of supplying the world's best ingredients to North America's top chefs and will become a centerpiece of our strategy to grow the seafood category nationally."
PRCH

Hot Stocks

08:39 EDT Porch.com becomes exclusive provider of AARP member benefits - Porch Group announced a multi-year agreement making Porch the exclusive provider of AARP member benefits for home repair, maintenance and improvement services. Beginning today, AARP members can save on services by a Porch handyman and are eligible for other valuable benefits, including a free Porch Home Assistant concierge service. The concierge provides personalized help with member's home services projects to destress the home ownership experience and help make the home safe, more convenient, and enjoyable. AARP members also receive a 5% discount on small jobs done by a Porch handyman and enhanced property protection on projects booked with Porch.
SFET

Hot Stocks

08:38 EDT Safe-T's ZoneZero solution receives U.S. GSA registration approval - Safe-T Group announced that its ZoneZero solution, developed by its wholly owned subsidiary, Safe-T Data A.R Ltd., has received U.S. General Services Administration registration approval under the Federal Government's Multiple Award Schedule for Industrial Products and Services. The approval was given through the company's lead distributor in North America, Philemon Security USA, and its channel partners. Through GSA's MAS, federal government agencies can now buy Safe-T's Zero Trust Network Access solutions and gain secure access for their departments, agencies, and third-party businesses.
GNSS

Hot Stocks

08:38 EDT Genasys awarded mass notification, emergency management software contract - Genasys announced a five-year public alert and warning software services contract from Riverside County, California. Genasys was selected over six other leading mass notification software service providers for the competitive award. "The Genasys Emergency Management software platform will power multi-channel alerts and notifications to Riverside County residents and visitors during disasters and other crisis situations," said Richard Danforth, CEO, Genasys. "With 2.5M residents and more than 850,000 housing units, the delivery of timely emergency alerts and life safety notifications is essential in keeping people safe during critical events." Along with Riverside County, other recent California deployments to power emergency alerts and notifications include the City of Mill Valley, the City of Laguna Beach, the City of Newport Beach, the University of California, Irvine, and the North Coast Water District in Pacifica. Additional California government and enterprise contract awards are expected this fiscal year.
CACI

Hot Stocks

08:38 EDT CACI awarded $447M contract by National Security Agency - CACI International announced that it has been awarded a five-year single award contract, with a ceiling value of $447 million, by the National Security Agency NSA to provide process and mission technology in support of the signals intelligence and cybersecurity missions that provide our nation's policymakers and military with actionable intelligence to secure and defend vital networks. John Mengucci, CACI President and Chief Executive Officer, said, "This award continues CACI's decade long relationship supporting the NSA's cryptology, signals intelligence, and network operations missions. CACI remains steadfastly committed to supporting our customer in executing their critical missions to keep our nation and its citizens safe."
EXPC

Hot Stocks

08:38 EDT Blade to relaunch New York Airport service in June - Blade, which recently announced a business combination with special purpose acquisition company Experience Investment Corp., has announced the relaunch of its New York Airport service starting June 1, providing air connectivity between Manhattan and John F. Kennedy Airport. Initially launched in 2019, the shared helicopter flight service is believed to be the largest Urban Air Mobility, or UAM, initiative in the United States. In the first phase of the relaunch, flights will operate during peak rush hour times between Blade terminals at convenient Manhattan heliport locations and JFK, with ground transportation included between the JFK helipad and all commercial terminals for $195 per seat or $95 per seat with the purchase of an annual Airport Pass. Blade intends to also relaunch service to include continuous daily availability and flights to Newark Liberty International Airport and LaGuardia Airport by fall 2021.
CP...

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08:37 EDT Canadian Pacific comments on Canadian National's trustee naming request - Canadian Pacific (CP) issued a statement about Canadian National's (CNI) request to name David Starling as intended trustee in its unsolicited bid of Kansas City Southern (KSU): "David Starling has advised us of CN's request, and we have no objection. As we have said previously, Mr. Starling is a fine choice as a trustee - that is why we appointed him to this role in the CP-KCS transaction. As a former President and CEO of KCS, he knows the business well and is independent of CP. (...) No matter who the trustee is of the CN proposal, it does nothing to address or overcome the problems with CN's proposed use of a voting trust. (...) (a) CN and KCS compete head-to-head today, and as the Department of Justice has made clear CN buying and owning all of KCS' stock will - trust or no trust, Mr. Starling or no Mr. Starling - change the competitive incentives of both CN and KCS while the trust is pending. Both will have an incentive to pull their competitive punches against the other. (b) the regulatory complexity of a CN transaction - under the 2001 new rules and all that entails - means a successful outcome of the regulatory process is far less likely, and the STB will not want KCS to be conveyed to CN (even in trust) if there is a real possibility - as there is - of insoluble regulatory problems that result in KCS having to come back out of trust and be disposed of. (c) And these issues do not even consider the prospect that CN's acquiring KCS and putting it into trust will itself stimulate further railroad consolidation that shippers and others do not desire, and that the STB's regulatory processes are designed to discourage (...)".
ATRS

Hot Stocks

08:37 EDT Antares Pharma appoints Richardson as executive Vice President, CMO - Antares Pharma announced the appointment of Peter Richardson, MRCP, as Executive Vice President, Research and Development and Chief Medical Officer. In this role, Dr. Richardson will oversee the company's proprietary research and development programs, including ideation, formulation, clinical operations, pharmacovigilance and medical affairs. Dr. Richardson has over 25 years of research and development experience. From 2016 until the acquisition of the company in 2020, Richardson was Chief Medical Officer for Adare Pharmaceuticals and Vice President of Research and Development and President, Adare Pharmaceuticals US.
SAIC

Hot Stocks

08:36 EDT SAIC acquires Koverse, terms undisclosed - Science Applications International announced that it has entered into a definitive agreement to acquire Koverse, a software company that provides a data management platform enabling artificial intelligence and machine learning on complex, sensitive data. Koverse's unique mission expertise and secure platform are already used in the most demanding environments, and SAIC will bring this offering at scale to security-conscious customers across government. "This transaction will drive faster innovation and enable organizations to transform how they use complex and sensitive data," said Jon Matsuo, president and CEO of Koverse. "Joining forces with SAIC creates a direct channel to include Koverse as the underlying data platform in large, important pieces of the emerging defense and national intelligence community
CNI KSU

Hot Stocks

08:36 EDT CN announces stakeholder support for combination with Kansas City Southern - CN (CNI) announced that over 400 customers, suppliers, elected officials and other stakeholders have filed letters with the Surface Transportation Board in favor of CN's proposed combination with Kansas City Southern (KSU). The following is a copy of CN's submission to the STB containing the letters of support: "CN is extremely encouraged by the overwhelmingly positive response to the proposed CN-KCS combination. Today CN is submitting 409 letters from stakeholders supporting the transaction, all of whom first learned of the proposed combination after CN's public announcement on April 20, just four business days ago. CN expects that many more will submit letters in the coming days. The enclosed letters come from a wide range of interested parties-from customers, to local governments, to logistics providers, to short line railroads, to rail suppliers. Indeed, a number of the customers whose letters are enclosed previously submitted support for a proposed CP-KCS transaction. While the letters reflect a diversity of perspectives, a few common themes emerge. Many recognize the inherent benefits of longer single-system service, and the value to rail shippers of an extended market reach. Others are enthusiastic about CN's vision for a CN-KCS combination-a vision that is fundamentally about growing business by becoming more competitive with trucks and creating a true USMCA railroad. Others express appreciation for CN's willingness to work within the Board's existing merger rules without seeking a waiver. CN thanks each of these parties for their support and looks forward to continued conversations with our customers and other interested parties about the proposed CN-KCS combination and why it presents the best solution for the continued growth, development and prosperity of the North American economy."
GLP

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08:35 EDT Global Partners increases quarterly cash distribution to 57.5c per share - Global Partners announced that the board of directors of its general partner, has increased its quarterly cash distribution by 25c per unit to 57.5c per unit on all of its outstanding common units for the period from January 1 to March 31. The distribution will be paid May 14 to unitholders of record as of the close of business on May 10.
BIDU

Hot Stocks

08:35 EDT Baidu announces upgraded Mobile Ecosystem strategy - Baidu held the 2021 Wanxiang Conference in Aranya, China, an annual event for the company's Mobile Ecosystem Group. During the event, Baidu MEG unveiled its new X+Y strategy to advance intelligent search through "servitization" and "humanization", and Baidu App announced a new brand slogan, "Baidu for a Better Life", as Baidu strives to support content creators and developers, deliver a superior end-to-end experience to users, and diversify its income stream. Speaking at the event, Baidu Executive Vice President Dou Shen explained the context and purpose of the X+Y strategy: "As Internet infrastructure continues to be perfected, information flow in society is constantly improving, leading to demands for faster, closed-loop services from users. Based on this trend, Baidu is implementing a strategy of 'humanization' and 'servitization' which will allow users more immediate access to the information and services they need. Especially for key industries like healthcare, live streaming, short video, and education, Baidu will construct its own closed-loop mobile experiences."
MRCQF

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08:34 EDT Mercer Park Brand announces June 2 meeting to approve qualifying transaction - Mercer Park Brand Acquisition, a Special Purpose Acquisition Company which has entered into a definitive agreement to merge with GH Group announced that it expects to hold a shareholder meeting on June 2, 2021 to approve the Glass House Group Transaction. It is anticipated that the Glass House Group Transaction will close shortly thereafter, subject to the satisfaction or waiver of all closing conditions. In order to facilitate the closing of the Glass House Group Transaction, on May 5, 2021 there will be a shareholder meeting to vote in support of a brief extension of the May 13, 2021 deadline of the Company's permitted timeline. Votes by proxy must be received by 10 a.m. on May 3, 2021. Following the extension, investors will have an additional opportunity to redeem their shares for cash before the closing of the Glass House Group Transaction by depositing their shares for redemption before the close of business on June 2, 2021. The Company encourages shareholders to vote in favor of the extension and to remain fully invested through the closing of the Glass House Group Transaction.
APDN

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08:33 EDT Applied DNA Sciences amends MSA with Linea COVID-19 Assay Kit customer - Applied DNA Sciences announced that it secured an amendment to a master services agreement, or MSA, with an existing customer of its Linea COVID-19 Assay Kit. The amendment doubles the undisclosed maximal value of the MSA to ensure the customer's continuing access to the Assay Kit for the customer's pooled COVID-19 surveillance testing program. Concurrently, the company announced the receipt of a purchase order for its Assay Kits and consumables to enable the customer to conduct 16,000 tests to be used for recurring surveillance testing and support the customer's in-person graduation ceremonies in May.
DARE

Hot Stocks

08:33 EDT Dare Bioscience announces presentation of DARE-BVFREE phase 3 trial results - Dare Bioscience announced that data from the DARE-BVFREE Phase 3 study of DARE-BV1, a thermosetting vaginal gel for the treatment of bacterial vaginosis, will be presented at the 2021 American College of Obstetricians and Gynecologists (ACOG) Annual Clinical and Scientific Meeting. The meeting will be conducted virtually from April 30 - May 2. The poster presentation will highlight the results from the DARE-BVFREE Phase 3 randomized, double-blinded, placebo-controlled clinical trial evaluating Dare's product candidate DARE-BV1 in women diagnosed with bacterial vaginosis. DARE-BVFREE randomized 307 women diagnosed with bacterial vaginosis at 32 centers across the United States in a 2:1 ratio to receive a single vaginal dose of DARE-BV1 or a single vaginal dose of placebo gel to be applied intravaginally within one day of randomization. Patients were evaluated during three clinic visits: Day 1, Day 7-14. and Day 21-30. The study met its primary endpoint, demonstrating that as a primary therapeutic intervention a single vaginal dose of DARE-BV1 was statistically superior to placebo at Day 21-30 in the modified intent-to-treat population. Additionally, DARE-BV1 demonstrated clinical cure rates of 77% at Day 21-30 and 81% at Day 7-14 in the per protocol population, compared to 43% and 30% for placebo cream, respectively. DARE-BV1 was well-tolerated in the study, and there were no early discontinuations due to adverse events. In DARE-BVFREE, clinical cure was defined as resolution of the specific clinical signs that comprise the Amsel criteria; specifically, resolution of abnormal vaginal discharge associated with bacterial vaginosis, clue cells less than 20% of total epithelial cells on microscopy, and a negative 10% KOH "whiff" test. DARE-BV1 demonstrated clinical cure rates of 70% at Day 21-30 and 76% at Day 7-14 in the mITT population, compared to 36% and 24% for placebo cream, respectively, and rates of 77% at Day 21-30 and 81% at Day 7-14 in the per protocol population, compared to 43% and 30% for placebo cream, respectively. Consistent with the 2019 FDA guidance document, the mITT study population excludes subjects from the intent-to-treat population who subsequently demonstrated a positive test result for other concomitant vaginal or cervical infections at baseline, or who have a baseline Nugent score of less than 7. The per protocol population means subjects from the mITT population who have no major protocol violations that impact the primary or secondary endpoints or who received any other bacterial vaginosis therapy for any reason.
CCNC

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08:33 EDT Code Chain New Continent signs LOI to acquire Filecoin miner for $79.8M - Code Chain New Continent announced the execution of a Letter of Intent to acquire 100% of Doo, a Filecoin mining service provider. Headquartered in Hong Kong, Doo engages in the FIL mining business. With mining centers located in Shanghai, Doo owns 10PiB of FIL computing power and 100,000 units of the digital currency, accounting for 0.221% of FIL digital currency globally. Preliminary purchase price for Doo is $79.8M, adjustable based on asset appraisal, which will be paid by issuance of the company's common stock. The parties plan to enter into a definitive equity transfer agreement after asset appraisal and due diligence are completed.
CRSP VRTX

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08:32 EDT Crispr Therapeutics, Vertex granted PRIME designation for CTX001 - Vertex Pharmaceuticals Incorporated (VRTX) and CRISPR Therapeutics (CRSP) announced the European Medicines Agency has granted Priority Medicines designation to CTX001, an investigational, autologous, ex vivo CRISPR/Cas9 gene-edited therapy for the treatment of transfusion-dependent beta thalassemia. CTX001 was previously granted PRIME designation for the treatment of sickle cell disease in 2020. PRIME designation was granted based on clinical data from CRISPR and Vertex's ongoing Phase 1/2 trial of CTX001 in patients with TDT. Based on progress in this program to date, CTX001 has been granted Regenerative Medicine Advanced Therapy, Fast Track, Orphan Drug and Rare Pediatric Disease designations from the U.S. Food and Drug Administration for both TDT and SCD. CTX001 has also been granted Orphan Drug Designation from EMA for both TDT and SCD. CTX001 is being investigated in two ongoing clinical trials as a potential one-time therapy for patients suffering from TDT and severe SCD.
TMST

Hot Stocks

08:32 EDT TimkenSteel to sell TimkenSteel (Shanghai) to Daido Steel for $7M in cash - TimkenSteel announced it has signed a purchase agreement with Daido Steel with the intent to sell its TimkenSteel (Shanghai) Corporation Limited subsidiary in China for approximately $7M in cash. The transaction is contingent upon completion of usual and customary due diligence. Close of the transaction is expected in the third quarter.
TBK

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08:30 EDT Triumph Business Capital appoints Amber Roy as COO - Triumph Business Capital, a member of the Triumph Bancorp, announced the appointment of Amber Roy as chief operating officer. Roy will report to its chief executive officer, Geoff Brenner. As COO, Roy will be responsible for Triumph Business Capital's day-to-day operations, "ensuring the company delivers quality services while being cost effective and maintaining a positive profit margin," the company said. Roy joins Triumph Business Capital from Caliber Home Loans.
SYY

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08:30 EDT Guest Supply, Volara partner to inroduce Google for Hotels - Guest Supply and Volara announced a partnership to bring Google for Hotels to Guest Supply's US customers. Budget conscious pricing plans allow hoteliers to differentiate their property with the Google Assistant's contactless guest experience. The contactless smart base solution is packed with hospitality feature functionality and is available for a modest all-inclusive purchase cost per unit or billed at an affordable monthly rate per guest room. The voice command feature provides a contactless means to access guest services and amenities. The Google Nest Hub has no camera and - when provisioned to the hotel - does not record or store audio interactions.
PFPT

Hot Stocks

08:30 EDT Proofpoint trading resumes
OSTK

Hot Stocks

08:29 EDT Overstock.com closes transaction with Pelion Venture Partners - Overstock.com announces it has closed its blockchain fund transaction with Pelion Venture Partners. Overstock's wholly owned blockchain-focused subsidiary, Medici Ventures, has been converted into a limited partnership and will be managed by Pelion MV GP, LLC, which will act as the general partner of the Fund. Overstock.com, Inc. is the sole limited partner of the Fund. As the limited partner, Overstock has committed $45M over the eight-year life of the Fund. The Fund will return invested capital to Overstock first and then split profits on successful exits as set forth in the Fund's Limited Partnership Agreement. The Fund will hold a significant minority ownership stake in tZERO Group, and Overstock will retain a direct minority equity interest in tZERO. Pelion MV GP, LLC now has sole authority and responsibility regarding the Fund's investment decisions and in exercising all shareholder rights Medici Ventures holds in the portfolio companies.
ECOR

Hot Stocks

08:28 EDT electroCore announces John Hopkins University study of nVNS - electroCore announced that Johns Hopkins University School of Medicine is starting an investigator-initiated trial of non-invasive vagus nerve stimulation, or nVNS, using the company's proprietary gammaCore device to treat symptomatic exacerbation of nausea in patients with gastroparesis and related disorders. "We appreciate Dr. Pasricha and his team selecting gammaCore for their study," said Eric Liebler, Senior Vice President of Neurology at electroCore, Inc. "gammaCore is the first non-invasive, handheld medical device proven to activate the vagus nerve by providing a patented mild electrical stimulation through the skin, and offers a potential alternative to GES that could eliminate significant risks of injury or illness associated with implantation."
GSV

Hot Stocks

08:28 EDT Gold Standard Ventures provides Dark Star exploration update - Gold Standard Ventures Corp. announced drill results from 14 reverse circulation / sonic holes and 5 core holes at the Dark Star oxide gold deposit. Drill holes DR20-01 through DR20-09 were previously released on November 18, 2020. Key Exploration Highlights: Drill holes DR20-10 through DR20-14 tested for extensions of bedrock mineralization at Dark Star Main. The oxide mineralization results reported in DR20-12 and DR20-14 continue to demonstrate that that mineralization remains open to the east at Dark Star Main. Development Highlights: Drill holes DC20-01 through DC20-05 were completed as geotechnical core holes designed to assess pit wall stability and design. DC20-05 did intersect oxide mineralization along the West Fault. Drill holes DR20-15 through DR20-23, and SS21-13 through SS21-14 were completed on a zone of gravels east of the Dark Star Main deposit. The gold grades intersected represent an eroded portion of the Dark Star Main deposit and are currently being evaluated for utilization / suitability as over-liner on the proposed heap leach pad.
BCDA

Hot Stocks

08:26 EDT BioCardia signs $500,000 deal with Japanese biotechnology company - BioCardia announced that it has entered into an agreement with a leading Japanese biotechnology company related to BioCardia Helix catheter biotherapeutic delivery product candidates. Under the terms of the agreement, BioCardia will receive $500,000, a portion of which is creditable for biotherapeutic delivery products and support services. The agreement has a one-year term with an option to negotiate for a non-exclusive world-wide license to BioCardia Helix catheter biotherapeutic delivery product candidates for certain cell types for cardiac indications.
AKRO LEGN

Hot Stocks

08:24 EDT Akero Therapeutics appoints Yuan Xu to board of directors - Akero Therapeutics (AKRO) announced the appointment of Yuan Xu, Ph.D., to its board of directors as an independent director. "Dr. Xu's extensive experience in establishing and leading biopharmaceutical development and manufacturing capabilities brings a complementary perspective to our Board," said Andrew Cheng, M.D., Ph.D., president and CEO of Akero Therapeutics. "The Akero leadership team looks forward to working with Dr. Xu as we enter late-stage development of our lead NASH candidate efruxifermin." Yuan Xu, Ph.D., most recently served as a board member and CEO for Legend Biotech (LEGN).
GRA

Hot Stocks

08:23 EDT W.R. Grace to be acquired for $70 per share in cash
STAY BX

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08:23 EDT Extended Stay America files proxy materials related to acquisition agreement - Extended Stay America (STAY) announced that it has filed a definitive joint proxy statement in connection with the Company's previously announced definitive agreement to be acquired by a 50/50 joint venture between funds managed by Blackstone Real Estate Partners (BX) and Starwood Capital Group for $19.50 per paired share in an all-cash transaction valued at approximately $6 billion. Extended Stay's Special Meetings of Shareholders are scheduled to take place on June 8, 2021 at 8:30 A.M. Eastern Time for ESA and at 9:30 A.M Eastern Time for ESH. All shareholders of record of Extended Stay paired shares as of the close of business on April 19, 2021 will be entitled to vote their shares either in person or by proxy at the shareholder meetings. The Company will commence mailing the joint proxy statement to its shareholders on or about April 26, 2021 and urges them to vote the WHITE card "FOR" the transaction.
GRA

Hot Stocks

08:23 EDT W.R. Grace to suspend payment of dividend going forward
GRA

Hot Stocks

08:22 EDT W.R. Grace to be acquired by Standard Industries in deal valued at $7B - W. R. Grace & Co. and Standard Industries Holdings Inc., the parent company of Standard Industries, a privately held global industrial company, announced that they have entered into a definitive agreement under which Standard Industries Holdings will acquire Grace in an all-cash transaction valued at approximately $7B, including Grace's pending pharma fine chemistry acquisition. Standard Industries' related investment platform 40 North Management LLC is a long-standing shareholder of Grace. Under the terms of the agreement, Standard Industries Holdings will acquire all of the outstanding shares of Grace common stock for $70.00 per share in cash. The purchase price represents a premium of approximately 59% over Grace's closing stock price of $44.05 on November 6, 2020, the last trading day prior to the announcement of 40 North's initial proposal to acquire the Company on November 9, 2020. The Grace Board of Directors unanimously approved the transaction. The closing of the transaction is subject to customary closing conditions, including approval by Grace shareholders and the receipt of certain regulatory approvals. The transaction is not contingent upon the receipt of financing. Financing commitments have been provided by J.P. Morgan, BNP Paribas, Citi and Deutsche Bank, and investment funds affiliated with Apollo Global Management as capital partner. 40 North, a holder of 14.9% of shares of Grace common stock, has entered into a voting agreement with Grace, pursuant to which it has agreed, among other things, to vote its shares of Grace common stock in favor of the transaction. Consistent with the terms of the merger agreement, the Company will suspend payment of a dividend going forward. In light of this announcement, Grace will issue its first quarter 2021 earnings results on May 6, 2021, but will not be hosting an earnings conference call. The parties expect the transaction to close in the fourth quarter of 2021. Upon completion of the transaction, Grace will become a privately held company and Grace's common stock will no longer be listed on the New York Stock Exchange. Grace will operate as a standalone company within the portfolio of Standard Industries Holdings, which includes Standard Industries' industry leading businesses GAF, BMI Group, Schiedel, Siplast, SGI and GAF Energy.
GCMG...

Hot Stocks

08:22 EDT GCM Grosvenor expands in Canada, Ballard and Griffith join the firm - GCM Grosvenor (GCMG) announced that Brad Ballard and Lisa Griffith are joining the firm to grow GCM Grosvenor's Canadian client base. Ballard and Griffith will be located in Toronto and be dedicated to serving the Canadian market. Ballard has 18 years of experience as an advisor and most recently served as head of Canada at Partners Group (PGPHF). Griffith has 14 years of experience serving Canadian investors and, prior to joining GCM Grosvenor, most recently served as a Director at BlackRock (BLK) focused on institutional clients.
GRA

Hot Stocks

08:21 EDT W.R. Grace to be acquired by Standard Industries in deal valued at $7B
XOG

Hot Stocks

08:21 EDT Extraction Oil & Gas reports Q1 average net sales volumes 71.6 MBoe/d - Extraction Oil & Gas provided preliminary financial and operational results for the first quarter of 2021. First Quarter 2021 Highlights: Achieved average net sales volumes of 71.6 MBoe/d, including 26.0 MBbl/d of crude oil and 18.3 MBbl/d of natural gas liquids, for the three months ended March 31, 2021; Realized prices of approximately $54.61/Bbl for crude oil, $8.47/Mcf for natural gas and $24.13/Bbl for NGLs for the three months ended March 31, 2021; Incurred approximately $31 million in capital expenditures during the quarter drilling 11 gross wells with an average lateral length of 2.2 miles and completing 15 gross wells with an average lateral length of 2.1 miles; Exited the quarter with $94 million of borrowings under the Company's $500 million credit facility and $38 million in cash as of March 31, 2021; Extraction expects to exit the second quarter of 2021 with net debt of $100-125 million after making a $94 million ad valorem tax payment in April 2021.
SNY

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08:17 EDT Sanofi reports Phase 3 MELODY trial reached primary endpoint - Topline results from the Phase 3 MELODY trial showed nirsevimab reduced lower respiratory tract infections requiring medical attention due to respiratory syncytial virus in healthy preterm and term infants, Sanofi announced. Nirsevimab reached its primary endpoint, achieving a statistically significant absolute reduction of LRTI caused by RSV in healthy preterm and term infants compared to placebo through a typical RSV season, the company stated. "No clinically meaningful differences in safety results between the nirsevimab and placebo groups were seen. The overall safety profile of nirsevimab in the trial remains consistent with previously reported results. Results will be presented at an upcoming scientific congress and are anticipated to form the basis of regulatory submissions," Sanofi reported.
CWH

Hot Stocks

08:17 EDT Camping World acquires campground booking engine Nomad Reservations - Camping World Holdings announced the acquisition of the campground booking engine, Nomad Reservations. This technology platform enhances the company's data ecosystem by providing multiple unique data points regarding the customer's upcoming journey. These data points allow customized, relevant marketing communications while consumers are engaging in the lifestyle before, during and after their trip. This acquisition further expands the company's commitment to supporting entrepreneurship, innovation, and technology in the RV and outdoor marketplace.
NCBS

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08:17 EDT Nicolet Bankshares names Mike Daniels as President and CEO - Nicolet Bankshares announced a change in the titles of certain of its Executive Officers. Mike Daniels was named President and CEO, and Bob Atwell was named Executive Chairman of Nicolet, effective immediately. At the operating company, Nicolet National Bank, Atwell will continue as Chairman, and Daniels will continue as President and CEO, a leadership structure that has been in place since 2015.
PAYA

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08:16 EDT Paya Holdings announces acquisition of Paragon Payment Solutions - Paya Holdings announced the acquisition of Paragon Payments Solutions. "We are excited to welcome the Paragon team into Paya, which further expands Paya's strong position within the non-profit and healthcare verticals," said Jeff Hack, CEO of Paya. "Through the addition of a high-quality, growing roster of software partners in key verticals, we are able to leverage Paya's scale and expertise to further accelerate growth while delivering accretive financial returns to our shareholders. This marks Paya's fourth acquisition and follows our blueprint of executing strategic M&A of integrated payment providers in attractive end markets, serving as a powerful complement to our organic growth strategy," Hack added. Paya expects to discuss the acquisition in further detail on its Q1 2021 earnings conference call in May.
VXRT

Hot Stocks

08:16 EDT Vaxart to host KOL webinar on T-Cell responses for COVID-19 vaccines - Vaxart announced that it will host a webinar on the importance of T-cell responses for COVID-19 vaccines on Monday, May 3, 2021 at 12:00 p.m. Eastern Time. The progress the United States has made against COVID-19 is imperiled by the rise of new and highly contagious virus strains. Vaxart and the scientific community are working to respond and T-cells are emerging as one potential answer to the new strain challenge. Vaxart will welcome T-cell expert Mark Davis, Ph.D., Stanford University School of Medicine, to report on the importance of T-cell immunity in COVID-19 vaccines. Dr. Davis will also discuss cross-protection against the new COVID-19 variants and future proofing against new and emerging coronaviruses. Early reports of vaccine efficacy focused on antibody production, but the ability to engage T-cells may be an important factor in determining which vaccines are most effective. Vaxart's management will provide new data comparing the T-cell responses generated from its VXA-CoV2-1 vaccine with those of other vaccines. The Company will also present new mucosal antibody data and review the recent Phase I clinical results that suggest VXA-CoV2-1 is potentially protective against new and emerging COVID-19 strains.
MRSN JNJ

Hot Stocks

08:15 EDT Mersana Therapeutics appoints Carvajal as senior VP, chief legal officer - Mersana Therapeutics (MRSN) announced the appointment of Alejandra Carvajal as Senior Vice President and Chief Legal Officer. Carvajal was most recently the Chief Legal Officer, General Counsel & Secretary at Momenta Pharmaceuticals, where she led the company's legal operations through both business restructuring and the acquisition by Johnson & Johnson (JNJ) for $6.5B. "With our UPLIFT strategy now underway for UpRi and our growing pipeline of product candidates derived from our innovative ADC platforms, we are thrilled to have Alejandra join the team at this time of immense growth," said Anna Protopapas, president and CEO of Mersana Therapeutics. "Alejandra's twenty-year legal leadership experience, demonstrated ability to work cross-functionally and sound business judgement will be an invaluable asset to our organization."
ADXS

Hot Stocks

08:15 EDT Advaxis receives second milestone payment under ADXS-HER2 licensing agreement - Advaxis announced that the Company has received the second milestone payment related to its licensing agreement for ADXS31-164, also known as ADXS-HER2, to OS Therapies for evaluation in the treatment of osteosarcoma in humans. Under the terms of the license agreement, OS Therapies, in collaboration with the Children's Oncology Group, is responsible for the conduct and funding of a clinical study evaluating ADXS-HER2 in recurrent, completely resected osteosarcoma. OS Therapies recently completed a financing, triggering the second milestone payment. Under the agreement, Advaxis has the opportunity to receive additional clinical, regulatory, and sales-based milestone payments as well as royalties on future product sales. Additional details of the financial terms have not been disclosed.
INFN

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08:14 EDT WPD Telecoms deploys regional network with Infinera XTM series - Infinera announced that WPD Telecoms selected Infinera's XTM Series metro optical platform for its high-capacity network, enabling delivery of next-generation high-speed services to its customers across South West England.
MARA

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08:13 EDT Marathon Digital appoints Fred Theil as new chief executive officer - Marathon Digital announced that its board of directors has appointed Fred Thiel as its new CEO, effective today. Thiel will succeed Merrick Okamoto, who has served as the company's CEO since 2018, and who will serve as executive chairman of the board of directors following the transition. Prior to serving as Marathon's chief executive officer, Thiel co-founded and served as chairman of Sprocket. "It's been a great privilege to lead Marathon as its chairman and CEO since the Fall of 2017, and to have overseen the company's transformation into one of the leading Bitcoin mining operations in North America," said Merrick Okamoto, Executive Chairman of Marathon Digital Holdings. "Now that we have successfully implemented our strategy, recasting Marathon's mission, and setting the company on a clear path to scale to 10.37 EH/s by early 2022, the board of directors and I concluded that it was an appropriate time to adjust the responsibilities of our management team to be more in line with a company of our size. Therefore, going forward, I will be focusing my attention on my responsibilities as executive chairman of the board, while Fred Thiel will take the helm as CEO."
ADMA

Hot Stocks

08:12 EDT ADMA Biologics opens ADMA BioCenters Plasma Collection Facility in S.C. - ADMA Biologics announced commencement of operations and initiation of donor plasma collections at its newest ADMA BioCenters plasma collection facility located in Goose Creek, South Carolina. Pursuant to updated United States Food and Drug Administration guidance to obtain approval for plasma collection centers, sponsors are now required to collect plasma donations for 3 months prior to submitting a Biologics License Application filing. Accordingly, ADMA expects to file its BLA for the Goose Creek, S.C. plasma collection facility in approximately 3 months from center opening and anticipates a standard 12-month BLA review period by the FDA. In the meantime, ADMA is permitted to collect plasma donations at this site, and once FDA approved, it can utilize the plasma collected for further use in the manufacturing of life saving therapies. This new, state-of-the-art plasma collection center features automated registration, high-tech collection equipment designed to shorten the donation process, free Wi-Fi wireless network in the donor collection area, individual flat-screen TVs with cable at each donor station, and highly trained and certified staff who put donor comfort and safety first. At full capacity, the plasma center expects to maintain a staff of up to 50 highly trained healthcare workers.
GENE

Hot Stocks

08:11 EDT Genetic Technologies' COVID-19 risk test approved for commercial release - Genetic Technologies provides an update to the market on the progress of the US commercial availability of the Company's COVID-19 Serious Disease Risk Test via US Based Infinity BiologiX. The Company confirms the submission of the COVID-19 Risk Test regulatory pack to the regulators. In conjunction with prior correspondence with the regulators this submission enables the commercial release within the United States Final steps in the technical interface are being built with additional capabilities for the telehealth platform to enable sales of GTG's COVID-19 Risk Test and further products within markets outside of the United States. The Company will provide further updates on regional releases as and when they are confirmed. The commercial release is expected to occur no later than the end of May once the technical interface for the United States telehealth platform is completed by IBXs telehealth partners.
GRA

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08:11 EDT W R Grace and Co trading resumes
CSCW

Hot Stocks

08:10 EDT Color Star Technology regains compliance with Nasdaq listing rules - Color Star Technology has received a notification letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market. The company was informed that following a 12-month compliance monitoring period under a panel monitor pursuant to a decision of compliance with panel monitor dated April 16, 2020, the company was currently in compliance with the applicable Nasdaq Listing Rules and the matter is now closed.
PDCO

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08:10 EDT Patterson Veterinary in pact to acquire Miller Vet Holdings, terms undisclosed - Patterson Veterinary Supply announced that it has signed an agreement to acquire substantially all of the assets of Miller Vet Holding a multiregional veterinary distributor. Upon closing, the acquisition is expected to grow Patterson Animal Health's presence in the companion animal market, drive increased operating leverage and attractive synergies, and allow Patterson to provide exceptional customer service to Miller Vet's customers. Miller Vet is a privately held company founded in 1920 with headquarters in West Point, Nebraska, and four distribution facilities located in the South, Southeast and East Coast. The acquired business will be integrated into Patterson Veterinary's existing facilities and operations. In connection with the transaction, a large number of Miller Vet sales representatives are expected to join the Patterson team. According to Kevin Pohlman, president of Patterson Animal Health, "For more than 100 years Miller Vet has built a reputation as a distributor that cares about veterinarians and their practices. Patterson shares this philosophy and the proposed acquisition of Miller Vet aligns with Patterson Animal Health's strategic direction and plans. In addition to building upon our strong momentum in the companion animal market, this acquisition illustrates Patterson's focus on making strategic investments to drive profitable growth and shareholder value." Miller Vet Holdings President and CEO Dr. David Gnad stated, "We are excited about the upcoming acquisition, as we have long admired Patterson Vet and how they provide services to the companion animal market. With Patterson Vet's acquisition of Miller Vet, our customers will benefit from Patterson's scale, broad product portfolio and exceptional value-added services." "In addition to strengthening our competitive position in the Midwest, Mid-Atlantic and Southeast markets, the acquisition is expected to expand our core sales reach and create synergies with our strategic vendors. We welcome our new colleagues to the Patterson team and look forward to continued success together," said George Henriques, president of Patterson Veterinary Supply. Terms of the transaction are not being disclosed. Patterson expects to close the transaction during its first fiscal quarter of FY2022.
NVEE

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08:10 EDT NV5 Global awarded $50M REI inspection contract in New York City - NV5 Global announced that it has been awarded a $50M term agreement with the New York City Department of Design and Construction, or NYCDDC, to provide resident engineering inspection, or REI, services throughout the five boroughs of New York City. This award is NV5's second consecutive term agreement with NYCDDC to perform REI services, among numerous other on-call and standalone agreements with the agency to provide a wide range of professional engineering and environmental services. This contract is assigned under the large project category and has a maximum value of $50M over an initial span of three years, with a one-year extension option. Individual project assignments may include resident engineering and construction inspection for infrastructure improvements, such as the rehabilitation and reconstruction of roadways, sidewalks, pedestrian ramps, step streets, plazas, and water mains.
SJ

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08:09 EDT Scienjoy jumps 28% to $12.40 after launching NFTs on its streaming platforms
BKYI

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08:08 EDT BIO-key issued patent for enabling continuous biometric user authentication - BIO-key announced that the company has been issued patent # 10,984,085 by the Patent and Trademark Office for its invention titled "Biometric Recognition for Uncontrolled Acquisition Environments." The patent will protect BIO-key's method of enabling next-generation continuous and passive biometric user experiences with its process for enrollment and continuous authentication. The patent expands BIO-key's portfolio to a total of 18 IAM and biometric patents. "The patent provides an important asset for the company to leverage for its own authentication platforms and to license to mobile device and laptop manufacturers, along with associated security software providers to enhance their security capabilities. The patent's methods are expected to be particularly valuable deployed in mobile devices with in-screen fingerprint sensors, cameras and microphones generating a continuous stream of partial biometric samples of fingerprints, faces or voices over time. With BIO-key's patented approach, this initially imperfect sample stream is assembled into a full and complete biometric template that can be used to complete the end-user's enrollment or authentication in a seamless and efficient manner. BIO-key's intelligent data pre-processing and transformation algorithms sort through these varying samples of biometric data, making reliable and accurate connections between samples of different sizes, resolution qualities and points of view. In this manner, it supports continuous authentication assurance of a user's identity during ongoing activity," the company said.
UNVR

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08:07 EDT Univar and Novozymes expanding U.S. and Canada partnership into ingredients - Univar and Novozymes announced a new agreement to expand the partnership into the U.S. and Canadian food ingredients markets. The new food ingredients agreement takes effect May 1, one month after the companies announced an agreement expanding the partnership into the U.S. and Canadian beverage production, homecare, and industrial cleaning markets.
ZSAN

Hot Stocks

08:07 EDT Zosano Pharma confirms plans to proceed with PK study after FDA protocol review - Zosano Pharma Corporation announced that the company has received feedback from the U.S. Food and Drug Administration Division of Neurology II on the protocol for the pharmacokinetic study required to support the resubmission of the Qtrypta 505(b)(2) New Drug Application. Separately, Zosano announced that it has established an agreement with Worldwide Clinical Trials, one of the industry's leading global, midsized, full-service contract research organizations, to conduct the study, which is expected to involve 48 healthy volunteers to generate comparative pharmacokinetic and safety data. The company expects the study to begin in June and to be completed with data available in the third quarter of 2021. Subject to positive data, Zosano expects to resubmit its NDA for Qtrypta by the end of 2021.
OOMA

Hot Stocks

08:07 EDT Ooma backs previously issued Q1 guidance , and FY22 view - The Company is reconfirming its previously issued guidance for the first quarter of fiscal 2022 as well as for the full 2022 fiscal year. The Company plans to report results for the first quarter of fiscal 2022, ending April 30, on May 27.
VYGR

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08:06 EDT Voyager Therapeutics receives FDA clearance of IND for VY-HTT01 - Voyager Therapeutics announced the U.S. Food and Drug Administration has removed its clinical hold on the company's Investigational New Drug application for VY-HTT01, a gene therapy candidate for the treatment of Huntington's disease, and confirmed that the company may proceed with its planned Phase 1/2 clinical trial. The decision was made following a comprehensive review of the Chemistry, Manufacturing and Controls information previously submitted to the FDA. Voyager plans to initiate VYTAL, a Phase 1/2 clinical trial of VY-HTT01, this year. VY-HTT01 is a gene therapy designed to reduce the expression of huntingtin, thereby altering disease progression. VY-HTT01 is comprised of an adeno-associated virus capsid and a proprietary transgene that harnesses the canonical RNA interference pathway to selectively knock down levels of HTT mRNA. Preclinical data in non-human primates demonstrated robust and durable reduction of HTT mRNA and protein and widespread distribution of VY-HTT01 across the striatum and cortex, which are core areas of disease pathology. Voyager's VYTAL Phase 1/2 clinical trial is a dose escalation study to evaluate the safety and tolerability of VY-HTT01 in patients with early manifest Huntington's disease. Secondary endpoints include disease biomarkers and clinical outcome measures.
ACN SAP

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08:05 EDT Accenture, SAP to extend partnership - Accenture (ACN) and SAP (SAP) are expanding their decades-long partnership to help companies embed sustainability across the full spectrum of their business operations - from strategy to execution - to unlock new value throughout their enterprises and in their value and supply chains. Combining SAP technology with Accenture's Sustainability Services and broad industry knowledge, the partners are expanding their alliance to jointly create new solutions that can empower companies to accelerate their progress on fully de-carbonizing their supply chains and capture their share of the projected $4.5T economic growth that the circular economy could bring.
OOMA

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08:04 EDT Ooma announces upcoming departure of CFO Ravi Narula - Ooma announced that Ravi Narula intends to step down from his position as chief financial officer and treasurer in the second half of the Company's second fiscal quarter, ending July 31, to pursue other opportunities. Ms. Namrata Sabharwal, vice president and corporate controller, will assume Mr. Narula's responsibilities on an interim basis upon his departure. "We have made tremendous progress in developing and expanding Ooma since Ravi joined the Company in 2014," said Eric Stang, chief executive officer of Ooma. "We thank Ravi for his many contributions, especially in shepherding our efforts to become a public company and in helping to drive revenue growth. The management team and board of directors of Ooma join me in wishing him well in his future business pursuits. We anticipate effecting a smooth transition over the next few months." Narula and Ooma intend to enter into a consulting agreement that would become effective upon his departure to assist in the transition of his successor.
AXTA

Hot Stocks

08:04 EDT Axalta Coating partners with Chery Jetour in ecological vehicle project - Axalta has signed a strategic cooperation agreement with Jetour, a Chery Holding's brand, to partner on its Intelligent and Healthy Ecological Vehicle Project. The agreement was signed at Jetour's booth at Auto Shanghai 2021. The partnership will entail multidimensional strategic cooperation to establish technical standards for intelligent and eco-friendly vehicles, upgrading manufacturing technology, and developing sustainable mobility. Axalta will share resources and leverage technology to assist Jetour in building a vehicle ecosystem to boost sustainable development in China's automotive industry.
PFPT

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08:03 EDT Proofpoint to be acquired by Thoma Bravo for $176 per share in cash - Proofpoint announced that it has entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction that values Proofpoint at approximately $12.3B. Under the terms of the agreement, Proofpoint shareholders will receive $176.00 per share in cash, representing a premium of approximately 34 percent over Proofpoint's closing share price on April 23, 2021, the last full trading day prior to the transaction announcement, and a premium of approximately 36 percent over Proofpoint's three-month volume-weighted average closing share price through April 23, 2021. Upon completion of the transaction, Proofpoint will become a private company with the flexibility and resources to continue providing the most effective cybersecurity and compliance solutions to protect people and organizations around the world. Additionally, Proofpoint will benefit from the operating capabilities, capital support and deep sector expertise of Thoma Bravo - one of the most experienced and successful software investors in the world. Proofpoint's Board of Directors has unanimously approved the agreement with Thoma Bravo and recommends that Proofpoint shareholders vote in favor of the transaction at the Special Meeting of Shareholders to be called in connection with the transaction. The agreement includes a 45-day "go-shop" period expiring on June 9, 2021, which allows the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties. The Board will have the right to terminate the merger agreement to enter into a superior proposal subject to the terms and conditions of the merger agreement. There can be no assurance that this "go-shop" will result in a superior proposal, and Proofpoint does not intend to disclose developments with respect to the solicitation process unless and until it determines such disclosure is appropriate or otherwise required. The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions, including approval by Proofpoint shareholders and receipt of regulatory approvals. Upon closing of the transaction, Proofpoint's common stock will no longer be listed on any public market. The Company will continue to be headquartered in Sunnyvale, California. In a separate press release, Proofpoint announced its first quarter fiscal year 2021 financial results. The press release is also available on the Investor Relations section of the Company's website. In light of the announced transaction with Thoma Bravo, Proofpoint has cancelled its earnings conference call previously scheduled for April 29, 2021.
MDT

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08:02 EDT Medtronic partners with Surgical Theater for augmented reality platform - Medtronic and Surgical Theater announced a partnership to interface Surgical Theater's SyncAR augmented reality ) technology with Medtronic's StealthStation S8 surgical navigation system. This collaboration will enable neurosurgeons to use AR technology in real-time to enhance visualization during complex cranial procedures. Using fighter-jet simulation technology, the SyncAR platform allows surgeons to visualize structures in the brain, test virtual surgical tools and plan surgeries before entering the operating room.
CG

Hot Stocks

08:01 EDT Carlyle Group to acquire Unchained Labs for $435M - The Carlyle Group announced that it has agreed to acquire the rapidly growing life sciences tools company Unchained Labs for $435M, in partnership with its management team, from Novo Holdings A/S, Canaan Partners and TPG Biotech. The transaction is subject to regulatory approvals and is expected to close in Q2. Founded in 2015 and headquartered in Pleasanton, CA, Unchained Labs is a life science tools company focused on solving problems for biologics and gene therapy researchers. Unchained systems are used by biopharma researchers around the world to analyze and characterize large, complex molecules and to make their research jobs easier. Unchained has 170 employees and expects to generate over $75M of revenue in 2021.
UIS

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08:00 EDT Unisys names Maureen Sweeny as Chief Revenue Officer - Unisys has appointed Maureen Sweeny as Senior Vice President and Chief Revenue Officer. Most recently, Sweeny served as executive vice president and chief development officer for private food-service and hospitality company Delaware North. Prior to Delaware North, she was chief commercial officer for gaming company Aristocrat Technologies. Previously, she held a number of key positions at IBM Corp.
GRA

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07:57 EDT W R Grace and Co trading halted, news pending
ALSN CMI

Hot Stocks

07:56 EDT Allison get California ARB for H 40/50 EP system paired with Cummins engines - Allison Transmission (ALSN) and Cummins (CMI) announced they have received annual certification from the California Air Resources Board. ARB for model year 2021 Allison Hybrid 40/50 Electric Propulsion, H 40/50 EP system paired with the Cummins B6.7 and L9 diesel-electric hybrid engines. Originally issued by the ARB in 2014, the dual Executive Order, EO, is required to be reviewed for renewed eligibility on a model year basis. The Allison electric hybrid propulsion system and Cummins engine pairing is used in both straight and articulated transit buses as well as coaches. In full operation since 2003, the Allison H 40/50 EP has been proven to reduce emissions, ensure quieter operation and improve fuel economy up to 25% over similar diesel buses. It provides fast acceleration for an overall smoother ride. Additionally, the H 40/50 EP's regenerative braking system converts the vehicle's kinetic energy to stored electric energy when decelerating or stopping. This capability can significantly extend the brake change interval by as much as 350%, reducing maintenance costs. The Cummins B6.7 and L9 diesel-electric hybrid engines feature proven technology designed and developed in-house that is optimized to deliver the efficiency, durability and performance on which transit bus customers depend. The B6.7 diesel-electric hybrid engine is rated at 280 hp 209kW while the L9 diesel-electric hybrid engine is rated at 330 hp 246kW for the transit bus market.
RTX

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07:55 EDT Raytheon Technologies Chairman Thomas Kennedy to retire, Greg Hayes to succeed - Raytheon Technologies announced Thomas Kennedy, executive chairman of the Board of Directors, will retire effective June 1, following the one-year anniversary of the merger of United Technologies Corporation and Raytheon Company. Dr. Kennedy has held various leadership positions since joining Raytheon in 1983 and served on its board for six years. CEO Greg Hayes has been appointed by the Board of Directors to chairman of the board in addition to his current role as CEO of Raytheon Technologies.
PFPT

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07:55 EDT Proofpoint trading halted, news pending
LTRN

Hot Stocks

07:48 EDT Lantern Pharma's LP-184 candidate shows lung cancer potency in publication - Lantern Pharma announced a manuscript describing the efficacy profile of LP-184 in a variety of non-small cell lung cancer models was published in Oncotarget. LP-184 is being developed by Lantern for the potential treatment of non-small cell lung cancer among several other targeted indications in solid tumors including pancreatic and CNS cancers. The unmet clinical need where LP-184-based therapy could potentially be valuable is for those non-small cell lung cancer patients that are ineligible for targeted therapy options or have developed resistance to other forms of therapy. The publication in Oncotarget highlights LP-184's nanomolar in vitro potency in primary and metastatic NSCLC models. It also demonstrates that LP-184 is generally more potent in vitro than commonly prescribed platin and taxane based chemotherapeutics. LP-184 is believed to be a promising drug candidate that can address the treatment of KEAP1 mutant NSCLC. Additionally, LP-184 showed tumor growth inhibition in a mouse xenograft model of KRAS/KEAP1 mutant lung cancer. Lantern is continuing to validate LP-184 sensitivity in advanced lung tumor models both as monotherapy and in combination with drugs prioritized by Lantern's RADR models, to increase the potential future benefit to patients with tumors that are or have become otherwise non-responsive to existing approved therapies.
ZIM

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07:46 EDT ZIM Integrated announces establishment of ZIMARK - ZIM Integrated Shipping announced today the establishment of ZIMARK, a technology-based company formed in collaboration with the Israeli startup Sodyo Ltd., to provide next generation scanning solutions for the logistics and supply chain sectors. In addition to the joint venture with Sodyo in the establishment of ZIMARK, ZIM will also make a direct equity investment in Sodyo. ZIMARK will provide its customers innovative scanning solutions using Sodyo's groundbreaking patented technology for connecting offline content to the online world.
VRTX

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07:42 EDT Vertex announces NaV1.8 inhibitor advancing to Phase 2 clinical development - Vertex Pharmaceuticals announced that it will advance the selective NaV1.8 inhibitor, VX-548, into Phase 2 clinical development with clinical trials in patients with both visceral and non-visceral types of acute pain. The decision to move to Phase 2 was based on supportive Phase 1 data in healthy volunteers, including safety, tolerability and pharmacokinetics. In these studies, the molecule exhibited a favorable profile at doses considerably lower than those required with our previous NaV1.8 inhibitors. NaV1.8 is a voltage-gated sodium channel that plays a critical role in pain signaling in the peripheral nervous system. NaV1.8 is genetically validated as a novel target for the treatment of pain, and Vertex has previously demonstrated clinical proof-of-concept with a small molecule investigational treatment targeting NaV1.8 in multiple pain indications including acute pain, neuropathic pain and musculoskeletal pain. Vertex's approach is to selectively inhibit NaV1.8 using small molecules, with the objective of creating a new class of medicines that have the potential to provide superior relief of acute pain without the limitations of opioids, including their addictive potential. VX-548 is the most recent molecule to enter clinical development from Vertex's portfolio of NaV1.8 inhibitors. "Vertex has previously validated the potential role of NaV1.8 inhibitors with positive proof-of-concept results in a variety of pain conditions," said Carmen Bozic, M.D., Executive Vice President, Global Medicines Development and Medical Affairs, and Chief Medical Officer at Vertex. "We are excited about VX-548, a potent NaV1.8 inhibitor, and we are moving forward to the Phase 2 proof-of-concept trials with urgency, as these studies are the key next step toward our ultimate goal of developing transformative medicines for the treatment of pain."
MGDPF

Hot Stocks

07:42 EDT Marathon Gold reports Berry drill results - Marathon Gold Corporation is pleased to report results from the latest batch of exploration drill holes completed at the Valentine Gold Project, central Newfoundland. These latest results represent fire assay data from fifteen drill holes located within the 1.5 kilometre long Berry Deposit, for which the Company recently released the first mineral resource estimate. The Berry mineral resource estimate includes holes drilled to the end of November 2020, and excludes the results published. Highlights include: VL-21-984 intersected 2.71 g/t Au over 122 metres including 19.14 g/t Au over 2 metres and 17.43 g/t Au over 2 metres and 16.57 g/t Au over 2 metres; VL-21-987 intersected 1.69 g/t Au over 156 metres including 34.35 g/t Au over 1 metre; VL-21-981 intersected 1.70 g/t Au over 87 metres including 10.36 g/t Au over 5 metres, and 1.66 g/t Au over 13 metres, and 1.08 g/t Au over 15 metres; VL-21-988 intersected 2.15 g/t Au over 45 metres including 19.99 g/t Au over 1 metre, and 1.45 g/t Au over 11 metres; VL-21-977 intersected 1.14 g/t Au over 55 metres including 10.05 g/t Au over 1 metre, and 1.99 g/t Au over 16 metres; and VL-21-980 intersected 26.95 g/t Au over 2 metres. Gold mineralization at the Valentine Gold Project is contained predominantly within shallowly southwest dipping, en-echelon stacked Quartz-Tourmaline-Pyrite-Gold veins. At the Leprechaun and Marathon Deposits, as well as at the new Berry Deposit, these QTP-Au veins form densely stacked and northwest plunging "Main Zone" envelopes within intrusive host rocks on the hanging wall side of the Valentine Lake Shear Zone. The extent of mineralization appears related to the size and frequency of sheared mafic dykes which extend northeast-southwest within the hanging wall, parallel to the shear zone. Exploration drilling is generally undertaken in two orientations: down steeply towards the northwest at a high angle to the individual veins and down-plunge of the Main Zone stacking, or obliquely towards the southeast at a low angle of incidence to the individual veins and across the strike of Main Zone mineralization. The results are derived from eleven drillholes located between sections 13670E and 13850E at the western end of the Berry Deposit and four drillholes in the Frozen Ear Pond Road area between sections 14510E and 14780E. Nine of the fifteen holes were oriented to the southeast from the hanging wall toward the footwall contact. The remaining six holes were oriented steeply down to the northwest testing for Main Zone type stacked QTP-Au mineralization close to the Valentine Lake Shear Zone. All fifteen drill holes returned "significant" drill intercepts of greater than 0.7 g/t Au, and each drill hole returned additional intercepts with gold grades above the 0.3 g/t Au cut-off used in the April 2021 Mineral Resource Estimate for the Berry Deposit. Five of the drill holes are located within a 50-metre long area of the Valentine Lake Shear Zone centered around section 13700E. This is the same area where drill holes VL-20-823 and 824 returned intercepts of 3.33 g/t Au over 120 metres and 3.37 g/t Au over 36 metres, respectively. The latest drilling further confirms a strong concentration of mineralization with good continuity in this central area of the deposit.
RTX

Hot Stocks

07:41 EDT Raytheon Technologies raises quarterly dividend 7% to 51c per share - The dividend will be payable on June 17 to shareowners of record at the close of business on May 21. "The increase in our dividend reflects our long-standing commitment to deliver consistent and growing cash returns to shareowners," said Raytheon Technologies CEO Greg Hayes. "The outlook for our company is positive and we remain on track to return $18 to $20 billion to shareowners in the four years following the merger."
DK

Hot Stocks

07:40 EDT Delek US' director nominees receive recommendation from ISS, Glass Lewis - Delek US announced in a letter to shareholders that leading independent proxy advisory firms Institutional Shareholder Services, or ISS, and Glass Lewis, both recommend that Delek shareholders vote "for" all of the company's director nominees on the white proxy card in connection with the company's 2021 Annual Meeting of Stockholders, scheduled to take place on May 6. The company's nominees are: Uzi Yemin, William Finnerty, Richard Marcogliese, Gary Sullivan, Jr., Vicky Sutil, Laurie Tolson, David Wiessman and Shlomo Zohar.
CBWTF

Hot Stocks

07:39 EDT Auxly Cannabis announces 2021 objectives - The company said, "Looking ahead to 2021, Auxly is focused on building upon its success as a market leader in Cannabis 2.0 Products, while continuing to advance the Company's focused expansion of its dried flower, pre-roll, oil and capsule product offerings. The Company's overall objectives for 2021, which may be impacted by the COVID-19 pandemic, are as follows: Continued leadership and strength in the Cannabis 2.0 Products market; Focused expansion of Cannabis 1.0 Products; Continue to take measures to improve cash flows and finance the business; Leverage the Sunens facility to establish a secure supply of cannabis and reduce reliance on open market purchasing; and Explore possible cannabis market entry strategies in regulated international markets, on an asset light basis. The Company will continue to evaluate opportunities to bring new and exciting products to consumers as it continues to realize its vision of becoming a global leader in branded cannabis products that deliver on its consumer promise of quality, safety and efficacy."
CMRE

Hot Stocks

07:39 EDT Costamare announce acquisition of the York Capital majority interest in 5 TEUs - Costamare announced the acquisition of York Capital's 60% equity interest, on average, in five 11,000 TEU containerships, four of which were built in 2017 and one of which was built in 2016. The acquisition brings the company's ownership interest in these five vessels to 100%. The five vessels were initially contracted as new buildings in 2013 and 2015 under the joint venture with York Capital. The vessels currently operate under long-term charters, with four of them expiring in 2031 and the fifth one in 2025. The acquisition has been funded with cash at hand and commercial bank debt provided by leading European and U.S. financial institutions with tenors of up to 10 years. Gregory Zikos, CFO of the company, said: "We are pleased with the conclusion of the transaction with York Capital, which underscores our excellent relationship. The deal provides a successful exit path in this investment for our partner. At the same time, the joint venture continues to own another five vessels and our relationship is ongoing. The vessels acquired provide us with incremental contracted revenues of approximately $335M and have a TEU-weighted average time charter duration of 8.9 years."
CBWTF

Hot Stocks

07:38 EDT Auxly Cannabis says Sunens may require additional funding for working capital - On April 16, 2021, Sunens received a notice of default from the Bank of Montreal in its capacity as lender, administrative agent and syndication agent under the Sunens' credit agreement with respect to, among other things, Sunens' failure to satisfy recently established revenue milestones for the first quarter of 2021. As part of such financing provided by the syndicate, the Company has guaranteed payments up to C$33M in the event of default. Although the lenders have reserved their rights under the credit agreement, they are continuing to advance funding which Sunens will use to fund its day-to-day operations. Sunens commenced cultivation within the licenced area upon receiving its licence in June 2020, and during the first quarter of 2021 has sold products to the Company and other licenced producers. Sunens may require additional funding for working capital until production and revenue from sales reach expected levels. Discussions with the lenders with respect to a formal credit amendment and/or forbearance agreement are continuing in a collaborative and positive manner, although there can be no assurance that an agreement with the lenders will be reached.
AAPL

Hot Stocks

07:36 EDT Apple announces $430B commitment in U.S. investments over five years - Apple announced an acceleration of its U.S. investments, with plans to make new contributions of more than $430B and add 20,000 new jobs across the country over the next five years. Over the past three years, Apple's contributions in the U.S. have outpaced the company's original five-year goal of $350B set in 2018. Apple is now raising its level of commitment by 20% over the next five years. This includes tens of billions of dollars for next-generation silicon development and 5G innovation across nine U.S. states. Apple supports more than 2.7M jobs across the country through direct employment, spending with U.S. suppliers and manufacturers, and developer jobs in the iOS app economy. As part of its investments and expansion, Apple plans to invest over $1B in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. The investment will create at least 3,000 new jobs in machine learning, artificial intelligence, software engineering, and other fields. Apple will also establish a $100M fund to support schools and community initiatives in the greater Raleigh-Durham area and across the state, and will be contributing over $110M in infrastructure spending to the 80 North Carolina counties with the greatest need. When up and running, Apple's investments are expected to generate over $1.5B in economic benefits annually for North Carolina. Apple is on track to meet its 2018 goal of creating 20,000 new jobs in the U.S. by 2023. With the new commitment, Apple is setting a target of creating 20,000 additional jobs in states across the country over the next five years. Apple has also surpassed its 2018 hiring commitments in Miami, New York, Pittsburgh, and Portland, Oregon. Apple's $430B U.S. investments include working with more than 9,000 suppliers and companies large and small in all 50 states, supporting American job creation across dozens of sectors, including silicon engineering, 5G, and manufacturing.
BWAY

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07:36 EDT Brainsway receives FDA clearance for three-minute theta burst treatment - BrainsWay announced that the Food and Drug Administration granted 501k clearance for the company's Theta Burst three-minute protocol utilizing its proprietary Deep Transcranial Magnetic Stimulation system for the treatment of major depressive disorder. In support of its application to the FDA, BrainsWay submitted safety and efficacy data from 146 subjects who had received either the standard Deep TMS protocol or the three-minute Deep TMS protocol. Subjects in both groups demonstrated a statistically and clinically meaningful reduction in depression scores, and the results met the equivalence criteria needed for clearance of the shorter treatment.
ARAY

Hot Stocks

07:35 EDT Accuray appoints Jean-Philippe Pignol as Chief Medical & Technology Officer - Accuray appointed Jean-Philippe Pignol as its chief medical & technology officer. In this new role, Pignol will lead the company's scientific and clinical research activities, develop strategic collaborations with global key opinion leaders, evaluate new technologies and serve as the executive representative with industry partners. Pignol has served as professor and department head of the department of radiation oncology at Dalhousie University in Halifax, Canada. Previously, Pignol spent four years as professor and chair of the department of radiation oncology at Erasmus MC in Rotterdam.
LII

Hot Stocks

07:35 EDT Lennox says 'demand remained strong across all our businesses' entering Q2 - "Demand remained strong across all our businesses entering the second quarter, and we are capitalizing on market growth and share gain opportunities with strong operational execution. Looking ahead for 2021 overall, we are raising guidance for revenue and earnings, as well as for free cash flow - now approximately $375 million for the full year. We have repurchased $200 million of stock this year and plan to buy $200 million more in 2021."
LII

Hot Stocks

07:33 EDT Lennox raises FY21 free cash flow view to $375M from $325M - For FY21: The effective tax rate is still expected to be approximately 21% on an adjusted basis for the full year. Capital expenditures are still planned to be approximately $135M. Corporate expense is now expected to be approximately $95M compared to prior guidance of $90M.
INM

Hot Stocks

07:33 EDT InMed Pharmaceuticals achieves 2g/L cannabinoid yield with IntegraSyn - InMed Pharmaceuticals announced that its IntegraSyn cannabinoid manufacturing approach has achieved a level of 2g/L cannabinoid yield, a milestone that signals commercial viability and supports advancement to large-scale production in the coming months. For its first application using the IntegraSyn approach, InMed set two main objectives "to enable a cost-effective solution to cannabinoid production: to achieve a commercially viable yield higher than current industry standards and to lower overall manufacturing costs through process optimization. InMed's IntegraSyn manufacturing approach was able to achieve both objectives," the company said. IntegraSyn utilizes an enzymatic biotransformation process as a part of an overall integrated cannabinoid manufacturing approach to overcome certain natural yield limitations of traditional biosynthesis for full cannabinoid assembly. Having achieved a 2g/L yield level, InMed will now focus on manufacturing scale-up to larger batch sizes while continuing process and enzyme optimization, targeting increased cannabinoid yield and further reducing the overall cost of goods. In parallel, the company continues to prepare the manufacturing process to be Good Manufacturing Practice-ready for pharmaceutical quality production. The next stage of large-scale production is to produce a batch with a target output of one kilogram of the selected cannabinoid in the second half 2021 via a GMP-ready process.
AAPL

Hot Stocks

07:33 EDT Apple to accelerate U.S. investments, commits to spend $430B over five years
LIZI

Hot Stocks

07:33 EDT Lizhi partners with WM Motor for branded podcasts - Lizhi is cooperating with WM Motor, a Chinese electric vehicle company, to create WM Motor's first branded podcast on the Lizhi Podcast app. Lizhi entered into a collaboration with WM Motor to integrate Lizhi's in-car audio product into WM Motor's in-car system for its electric vehicles. Lizhi Podcast is a vertical podcast platform with curated podcast content.
LECO

Hot Stocks

07:33 EDT Lincoln Electric's HPG president David Nangle to retire - Lincoln Electric Holdings announced that David Nangle, Executive Vice President, President, The Harris Products Group will retire effective October 1, 2021 and will be succeeded by Gregory Doria. As part of the transition, Doria has been promoted to Senior Vice President, COO, The Harris Products Group. He formerly served as Vice President, Marketing, Lincoln Electric.
MEDIF

Hot Stocks

07:29 EDT Medipharm Labs signs supply agreement with MT Pharma in Malta - MediPharm Labs announced through its wholly owned subsidiary, it has signed a new agreement with MT Pharma, based in Malta to supply premium, GMP certified, finished dose cannabis oil for patients. .Under MedPharm Labs Australia Pty. Ltd.'s two year-agreement, subject to further renewals, with MT Pharma, MediPharm Labs will provide pre-formulated GMP certified full spectrum cannabis concentrates that will be distributed to patients through pharmacies that will complete final formulation and fill.
EGLX

Hot Stocks

07:29 EDT Enthusiast Gaming announces partnership with ExitLag - Enthusiast Gaming announces it has signed a partnership deal with ExitLag, which will be using Enthusiast Gaming's "extensive reach into the video gaming and esports market as the Latin American software developer seeks to make an impactful debut in the US with its proprietary technology to improve routing connections for gamers." Enthusiast added: "The partnership will utilize the full range of Enthusiast Gaming's flywheel including: media, the creation of a custom series with influencers, gamer endorsement, and custom social content. The partnership will also include an official Luminosity Gaming sponsorship placing ExitLag's logo on the team jersey, player and team advocacy, as well as significant product placement and endorsement during competitive play."
BFARF

Hot Stocks

07:28 EDT Bitfarms plans to more than double installed power capacity in Quebec - Bitfarms provides an update regarding its expansion plans in Quebec. The company said, "To deliver our growth forecast goals for 2021, Bitfarms has recently made significant commitments to developing new infrastructure in Quebec. These developments include our previously announced Cowansville site renovation which will involve the increase in the installed power at the site from 4 MW to 17 MW. The expanded facility will be ready in July 2021. With the completion of the Cowansville expansion, Bitfarms will have successfully developed 82 MW out of our 160 MW of contractual capacity with Hydro Quebec. In addition, Bitfarms recently ordered materials, transformers, and electrical equipment to develop a further 66 MW of power capacity in Quebec during the remainder of 2021 for a new mining site in Sherbrooke. Combined with the Cowansville expansion, a total of 79 MW of new mining infrastructure powered by green Quebec hydro power will be developed and will become operational in 2021. Cumulatively Bitfarms is expecting to have 148 MW of installed hydro power mining infrastructure in Quebec by the end of 2021. The new infrastructure will be able to support approximately 21,000 new generation miners capable of adding approximately 2.1 EH/s of new production. Many of the 48,000 WhatsMiner mining rigs previously announced for delivery starting in January 2022 or perhaps sooner, are destined for the existing and new mining facilities located in Sherbrooke, Quebec. On Friday April 23rd, Bitfarms received and installed on the same day, 496 MicroBT M31S+ miners. These miners increased Bitfarms operating hashrate to 1.42 EH/s - the largest currently reported in North America by a public company. With scheduled deliveries and miners being rehabilitated, Bitfarms is on track to achieving over 1.7 EH/s during the summer of 2021. With robust new infrastructure in Quebec to be available in the foreseeable future, we can now turn our sights on acquiring new miners to be installed as construction is completed at the various facilities."
SJ

Hot Stocks

07:28 EDT Scienjoy launches Non-Fungible Tokens on its live streaming platforms - Scienjoy Holding announced it has officially launched Non-Fungible Tokens on its live streaming platforms, making it one of the first live streaming platforms in mainland China to adopt the technology. This new initiative lets broadcasters mint their own NFTs on Scienjoy's platform, and lets users bid to purchase NFT mementos from their favorite broadcasters by using points earned from the new loyalty and rewards system. These custom souvenirs will include various popular accessories, skins, and other virtual objects that users and broadcasters will be able to wear and display in the Scienjoy virtual livestreaming worlds. NFTs will be minted as unique prizes for live streaming game competitions as a way to reward users, increase excitement and drive user engagement.
FLYLF

Hot Stocks

07:27 EDT Flyht Aerospace announces settlement agreement with Thomas Schmutz - FLYHT Aerospace Solutions announced that the Company has executed a settlement agreement and mutual release in respect of the litigation between Thomas Schmutz and the Company, as first announced on June 30, 2020. The parties have agreed upon a final settlement whereby FLYHT will pay Mr. Schmutz $225,000 CAD and 250,000 common shares in FLYHT. All of the common shares issued pursuant to the settlement agreement are subject to a 4-month hold period. The settlement is conditional upon final approval for the issuance of the common shares by the TSX Venture Exchange.
GILT

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07:26 EDT Gilat Satellite awarded $3M to provide broadband connectivity in Latin America - Gilat Satellite announced that a Tier-1 Telco in Latin America awarded Gilat over $3M to provide broadband connectivity over satellite to support bridging the digital divide. The project includes thousands of VSATs to be deployed in remote schools to further children's education in Latin America and is expected to expand further. "This award signifies another step in Gilat's achievements in Latin America," said Michal Aharonov, Senior Vice President Global Broadband Networks at Gilat. "We are excited with the opportunity to support our partners with our leading technology and to share a common vision of bridging the digital divide, by delivering broadband connectivity worldwide to those who need it most."
OI

Hot Stocks

07:26 EDT O-I Glass announces agreement of potential plan of reorganization for Paddock - O-I Glass announced that its wholly owned subsidiary, Paddock Enterprises, has reached an agreement in principle for a consensual plan of reorganization under section 524(g) of the Bankruptcy Code. Paddock, the Official Committee of Asbestos Personal Injury Claimants, and the legal representative for the future asbestos personal injury claimants all agreed to accept the terms of a mediator's proposal regarding a potential consensual plan of reorganization for Paddock. O-I Glass supports the agreement among Paddock, the ACC and the FCR that follows a successful court-approved mediation process conducted by Kenneth Feinberg and the Honorable Layn R. Phillips in connection with Paddock's ongoing Chapter 11 case. Under the terms of the accepted proposal, the total consideration to fund a section 524(g) trust on the effective date of a confirmed plan of reorganization would be $610M. The agreement is subject to definitive documentation and satisfaction of certain conditions including, but not limited to, court approval of a plan of reorganization for Paddock that will channel all current and future asbestos personal injury claims against Paddock into a trust created under 11 U.S.C. Section 524(g) and establish an injunction protecting Paddock, O-I Glass, and their affiliates from assertions of current and future liability from such channeled claims.
BCPC

Hot Stocks

07:24 EDT Balchem releases 2020 sustainability report - Balchem released its 2020 Sustainability Report. This report "demonstrates the company's continuing promise to provide our employees, customers, shareholders and the communities within which we operate with information on Balchem's sustainability initiatives," the company said. "I am pleased with the progress Balchem has made over the last year to advance our sustainability efforts. Our recent commitment to the United Nations Global Compact principles is another step in our continuous improvement journey relative to our corporate social responsibilities and achievement of our higher purpose of making the world a healthier place." said Ted Harris, chairman and CEO. "We remain focused on our two main objectives: providing innovative solutions for the health and nutritional needs of the world and operating with excellence as strong stewards of our people, communities, and shareholders."
VHIBF

Hot Stocks

07:24 EDT Vitalhub announces licenising of SHREWD solution into Canada - VitalHub is pleased to announce that it has partnered with a regionally integrated Canadian health network, which has contracted the SHREWD Resilience and Action modules from our recently acquired subsidiary, Transforming Systems. The partnership with the Centre Integre Universitaire de Sante et de Services Sociaux du Nord-de- l'ile-de- Montreal lays the foundation for expansion of SHREWD into Canada, introducing a technology platform that was developed in the UK and that has been successfully deployed across approximately 30% of the Integrated Care Systems within the UKs National Health Service. The SHREWD solution will support the coordination of services across the CIUSSS, which is an integrated university health and social services network focused on and designed to ensure timely access to care, continuity of care and high-quality care that will contribute to the improved health of the population within its district.
ILNLF

Hot Stocks

07:22 EDT INV Metals advances Loma Larga project, submits EIS - INV Metals is pleased to announce the successful submission of the Environmental Impact Study related to the Loma Larga gold-silver-copper project and to provide an update to its ongoing efforts on Loma Larga, the Company's 100% owned underground development project located in Ecuador. The submission of the EIS is the first major milestone in the well defined permitting process for large scale mining projects within Ecuador. The process provides for the timely technical review and comment by the MEW, followed by timely responses to comments by the Company. Subsequent to the completion of the technical review of the EIS by the MEW, INV Metals will commence the citizen participation and consultation phase. INV Metals will continue to work towards our goal of the development of Loma Larga and will provide further updates on key milestones to support a positive production decision by the Board of Directors as they are achieved. As previously stated, INV Metals continues to hold discussions with a variety of financial institutions and partners. Concurrently with the permitting process, the Company will actively pursue a number of possible capital financing scenarios for Loma Larga including debt, equity, and a stream or royalty, with the objective of securing the capital requirements for construction prior to the receipt of the Environmental Licence. The Company is also preparing the EIS related to the proposed 69 kV powerline, which is expected to be completed within the next few months. The registration of the Environmental Regularization process for the 69 kV powerline is complete and the various reports requiring approval before EIS submission are under review by the MEW. Loma Larga is not near any lakes or rivers. Water discharged from the Loma Larga Project will be treated and no water will be discharged within the Canton of Cuenca. Treated water will meet stringent Ecuadorian standards and the Company expects the treated water to be of better quality than the water currently found downstream of the discharge point. The underground mine will produce concentrates which do not use cyanide for processing and ~55% of the tailings will be placed underground using the paste backfill method. The remaining tailings will be filtered and placed on a lined and geotechnically stable tailings facility which is designed with berms surrounding the enclosure. The Company continues to work with the MPRO regarding the application for the Investment Protection Agreement relating to Loma Larga. The Company submitted the IPA application in November 2020. The terms of the IPA provide various stability and protective measures for historical and future investments in Loma Larga, in addition to providing fiscal incentives for the Project. According to the prescribed process of the IPA, it is expected that it will take approximately six months from the submission of the IPA application to execution of the IPA.
FSM ROGFF

Hot Stocks

07:20 EDT Fortuna Silver Mines, Roxgold enter agreement for business combination - Fortuna Silver Mines Inc. (FSM) and Roxgold Inc. (ROGFF) are pleased to announce that they have entered into a definitive agreement whereby Fortuna will acquire all the issued and outstanding securities of Roxgold pursuant to a plan of arrangement. Under the terms of the Transaction, Roxgold shareholders will receive 0.283 common shares of Fortuna and C$0.001 for each Roxgold common share held. Upon completion of the Transaction, existing Fortuna and Roxgold shareholders will own approximately 64.3% and 35.7% of the pro forma company, respectively. The exchange ratio implies a consideration of approximately C$2.73 per Roxgold common share based on the closing price of the Fortuna common shares on the Toronto Stock Exchange on April 23, 2021, representing a 42.1% premium to the closing price of Roxgold on the TSX on the same date. Based on the 20-day volume weighted average price of the Fortuna shares and the Roxgold shares on the TSX for the period ending April 23, 2021, the exchange ratio implies a premium of 40.4% to Roxgold shareholders. The implied fully diluted in the-money equity value of the Transaction is estimated at approximately C$1.1 billion. Under the terms of the Transaction, Roxgold shareholders will receive 0.283 common shares of Fortuna and C$0.001 in cash for each Roxgold common share held. The Transaction will be effected by way of a court-approved plan of arrangement under the British Columbia Business Corporations Act, requiring the approval of at least 66 2/3% of the votes cast by the shareholders of Roxgold voting in person, virtually or represented by proxy at a special shareholders' meeting to consider the Transaction. The issuance of Fortuna shares pursuant to the Transaction will require approval by a simple majority of the votes cast by the shareholders of Fortuna voting in person, virtually or represented by proxy at a special shareholders' meeting to be called to consider, in addition to certain annual meeting matters, the issuance of Fortuna shares pursuant to the requirements of the TSX. In connection with the Transaction, officers and directors of Roxgold collectively holding 3.52% of the total Roxgold shares have entered into voting support agreements with Fortuna, pursuant to which they have agreed, among other things, to vote their Roxgold shares in favour of the Transaction. Appian Natural Resources Fund, which is Roxgold's largest shareholder and controls 13.2% of the issued and outstanding Roxgold shares, has also provided its support in favour of the Transaction. In addition, officers and directors of Fortuna collectively holding 1.5% of the total Fortuna shares have entered into voting support agreements with Roxgold pursuant to which they have agreed, among other things, to vote their Fortuna shares in favour of the issuance of the Fortuna shares pursuant to the Transaction. In addition to shareholder approval, the Transaction is subject to approval by the Supreme Court of British Columbia, and TSX and NYSE approval and the satisfaction of certain other closing conditions customary in transactions of this nature. The Arrangement Agreement contains customary provisions including reciprocal non-solicitation, "fiduciary out" and "right to match" provisions, as well as a reciprocal C$40 million termination fee payable to Fortuna or Roxgold under certain circumstances and, in certain other customary circumstances, reciprocal expense reimbursement of US$3 million. Upon completion of the Transaction, management of the combined company will feature proven and experienced mining and business leaders at the executive team level, along with diverse, high-performing teams at the combined company's regional and operating sites. Continuing Executives at Roxgold are Paul Criddle, Chief Operating Officer - Africa; Paul Weedon, Vice President Exploration - Africa; and Eric Gratton, GM External Relations - Africa. Full details of the Transaction will be included in the respective management information circulars of Fortuna and Roxgold, which will be mailed to shareholders in connection with the respective shareholder meetings. Closing of the Transaction is expected by late June or early July 2021. The Arrangement Agreement has been unanimously approved by the boards of directors of each of Fortuna and Roxgold, including, in the case of Roxgold, following the unanimous recommendation of a special committee of independent directors. Both Boards of Directors unanimously recommend that their respective shareholders vote in favour of the Transaction.
KRNT

Hot Stocks

07:18 EDT Kornit Digital announces new MAX technology - Kornit Digital announced the release of its new MAX technology, "breaking new ground in on-demand production to deliver the highest retail-quality results and versatility via previously unattainable print applications," the company said. "A key feature of Kornit's MAX technology is XDi, which delivers 3D capabilities for new, high-density graphic decoration that can simulate embroidery and vinyl heat transfer in a single, waste-free process," the company added. The first iteration of MAX technology is now commercially available in the Kornit Atlas MAX. The Atlas MAX is delivered with the new XDi technology built in, for 3D printing capabilities. An upgrade to the installed base of Kornit Atlas systems will be available during the first quarter of 2022. Kornit also debuted the ActiveLoad Automation technology, a new robotic system to "ease the burden of manual and labor-intensive media handling in the textile decoration industry... The new patent-pending ActiveLoad Automation technology ensures continuous production and consistency, while decreasing human error and fatigue, regardless of employee experience and training, for ultimate results and best operational efficiency," the company said.
CLXPF

Hot Stocks

07:18 EDT Cybin selects AUD as initial target indication for CYB003 - Cybin announced that it has selected Alcohol Use Disorder, or AUD, as the initial target indication for its proprietary deuterated psychedelic tryptamine, CYB003. AUD is a chronic relapsing brain disorder characterized by an impaired ability to stop or control alcohol use despite adverse social, occupational, or health consequences. Cybin said it is confident that its proprietary deuterated CYB003 new chemical entity could be an ideal investigational new drug candidate for a future AUD clinical trial once further pre-clinical data has been collected. Cybin is targeting an IND filing for CYB003 by the end of calendar 2021.
CYCN

Hot Stocks

07:16 EDT Cyclerion Therapeutics appoints Errol De Souza to board of directors - Cyclerion Therapeutics announced the appointment of Errol De Souza, Ph.D., to its board of directors. Dr. De Souza is currently the executive chairman of Bionomics Limited and a member of the board of directors of Royalty Pharma and Catalyst Biosciences.
ENGMF

Hot Stocks

07:15 EDT Enthusiast Gaming partners with ExitLag - Enthusiast Gaming Holdings is pleased to announce it has signed a partnership deal with ExitLag. ExitLag will be using Enthusiast Gaming's extensive reach into the video gaming and esports market as the Latin American software developer seeks to make an impactful debut in the US with its proprietary technology to improve routing connections for gamers. The partnership will utilize the full range of Enthusiast Gaming's flywheel including: media, the creation of a custom series with influencers, gamer endorsement, and custom social content. The partnership will also include an official Luminosity Gaming sponsorship placing ExitLag's logo on the team jersey, player and team advocacy, as well as significant product placement and endorsement during competitive play.
DEN

Hot Stocks

07:15 EDT Denbury appoints Nikulas Wood as SVP, head of Denbury Carbon Solutions - In order to further advance the Company's strategic vision and direction for its Carbon Capture, Use and Storage business, Denbury announced the appointment of Nikulas Wood as Senior Vice President. Mr. Wood will head the Denbury Carbon Solutions team and report directly to Denbury CEO Chris Kendall. The Company operates more than 1,000 miles of CO2 pipelines in the Gulf Coast and Rocky Mountain regions. The 24-inch Green Pipeline, a 320-mile CO2 pipeline which runs from Donaldsonville, Louisiana to Houston, Texas, is located in the heart of the Gulf Coast industrial corridor and is currently capable of moving more than 16 million metric tons of CO2 per year. The Company has identified the following strategic priorities for Denbury Carbon Solutions to accelerate the expansion of its CCUS business: Generate new cash flow streams through agreements with existing and new-build industrial emitters for transportation and storage of captured CO2; Add significant permanent CO2 storage capacity through development of a geographically diverse portfolio of subsurface storage sites, providing scale, reliability, and flexibility; Seek to replace the use of naturally sourced CO2 in the Company's EOR operations with captured industrial-sourced CO2, thereby increasing the Company's proportion of low carbon intensity blue oil production; Evaluate and prepare for a capital-efficient expansion of up to 2-3X the Company's existing infrastructure capacity to meet anticipated rapidly growing CCUS demand; and Pursue strategic partnerships along the entire CCUS value chain.
CMRX EPZM

Hot Stocks

07:13 EDT Chimerix appoints Vicki Vakiener to board of directors - Chimerix (CMRX) announced the appointment of Vicki Vakiener to its board of directors, effective immediately. Vakiener currently serves as Chief Commercial Officer of Epizyme (EPZM).
MBXBF

Hot Stocks

07:13 EDT Microbix Biosystems, SpeeDx form exclusive collaboration - Microbix Biosystems and SpeeDx are pleased to announce the formation of a collaboration under which Microbix will be exclusive developer of Quality Assessment Products to facilitate the registration and commercialization of SpeeDx diagnostic assays. The companies said, "The collaboration will begin with support of SpeeDx's diagnostic tests for infection with antimicrobial-resistant strains of Mycoplasma genitalium, a widespread sexually-transmitted infection and a test market expected to exceed $1B globally by 2027. AMR MGEN is known to have multiple mutations that render certain antibiotics ineffective against it. Accurate diagnosis of such drug-resistant infections requires control materials sensitive to these mutations - in order to confirm the test performance. However, producing AMR MGEN controls in commercially-relevant quantities has posed technical hurdles that have been solved using proprietary Microbix technology. This is enabling Microbix to produce the QAPs required by SpeeDx to complete development and registration of its AMR MGEN assays. This same Microbix technology can be used to safely produce a range of QAPs to support tests for other AMR and XDR organisms."
FSM ROGFF

Hot Stocks

07:13 EDT Fortuna Silver Mines, Roxgold announce business combination - Fortuna Silver Mines (FSM) and Roxgold (ROGFF) announced that they have entered into a definitive agreement whereby Fortuna will acquire all the issued and outstanding securities of Roxgold pursuant to a plan of arrangement. Under the terms of the Transaction, Roxgold shareholders will receive 0.283 common shares of Fortuna and C$0.001 for each Roxgold common share held. Upon completion of the transaction, existing Fortuna and Roxgold shareholders will own approximately 64.3% and 35.7% of the pro forma company, respectively. The exchange ratio implies a consideration of approximately C$2.73 per Roxgold common share based on the closing price of the Fortuna common shares on the Toronto Stock Exchange on April 23, representing a 42.1% premium to the closing price of Roxgold on the TSX on the same date. Based on the 20-day volume weighted average price of the Fortuna shares and the Roxgold shares on the TSX for the period ending April 23, the exchange ratio implies a premium of 40.4% to Roxgold shareholders. The implied fully diluted in the-money equity value of the transaction is estimated at approximately C$1.1B. Under the terms of the Transaction, Roxgold shareholders will receive 0.283 common shares of Fortuna and C$0.001 in cash for each Roxgold common share held. The transaction will be effected by way of a court-approved plan of arrangement under the British Columbia Business Corporations Act, requiring the approval of at least 66% of the votes cast by the shareholders of Roxgold voting in person, virtually or represented by proxy at a special shareholders' meeting to consider the transaction. The issuance of Fortuna shares pursuant to the transaction will require approval by a majority of the votes cast by the shareholders of Fortuna voting in person, virtually or represented by proxy at a special shareholders' meeting to be called to consider, in addition to certain annual meeting matters, the issuance of Fortuna shares pursuant to the requirements of the TSX. In connection with the transaction, officers and directors of Roxgold collectively holding 3.52% of the total Roxgold shares have entered into voting support agreements with Fortuna, pursuant to which they have agreed, among other things, to vote their Roxgold shares in favor of the transaction. Appian Natural Resources Fund, which is Roxgold's largest shareholder and controls 13.2% of the issued and outstanding Roxgold shares, has also provided its support in favor of the transaction. In addition, officers and directors of Fortuna collectively holding 1.5% of the total Fortuna shares have entered into voting support agreements with Roxgold pursuant to which they have agreed, among other things, to vote their Fortuna shares in favor of the issuance of the Fortuna shares pursuant to the transaction. In addition to shareholder approval, the transaction is subject to approval by the Supreme Court of British Columbia, and TSX and NYSE approval and the satisfaction of certain other closing conditions customary in transactions of this nature. The arrangement agreement contains customary provisions including reciprocal non-solicitation, "fiduciary out" and "right to match" provisions, as well as a reciprocal C$40M termination fee payable to Fortuna or Roxgold under certain circumstances and, in certain other customary circumstances, reciprocal expense reimbursement of $3M. Continuing executives at Roxgold are Paul Criddle, COO-Africa; Paul Weedon, VP exploration-Africa and Eric Gratton, GM external relations-Africa. Closing of the Transaction is expected by late June or early July. The Arrangement Agreement has been unanimously approved by the boards of directors of each of Fortuna and Roxgold, including, in the case of Roxgold, following the unanimous recommendation of a special committee of independent directors. Both boards of directors unanimously recommend that their respective shareholders vote in favor of the transaction.
BXRX

Hot Stocks

07:11 EDT Baudax Bio announces publication of Phase IIIb data on ANJESO - Baudax Bio announced the online publication of data highlighting the safety and efficacy of preoperative ANJESO injection in patients undergoing unilateral total knee arthroplasty when used within a multimodal analgesic regimen, in the peer-reviewed medical journal Pain Medicine. ANJESO is indicated for the management of moderate to severe pain, alone or in combination with other non-NSAID analgesics. During the 1st 24 hours, ANJESO patients used approximately 32% less opioids and reported approximately 22% greater pain reduction relative to placebo treated patients. ANJESO-treated patients had a significantly lower Summed Pain Intensity score on the first postsurgical day and throughout their inpatient course. Additionally, ANJESO-treated patients had significantly lower opioid consumption during the first postsurgical day, with a 31.7% reduction compared to placebo. Significant reductions in opioid use were observed on subsequent days and throughout treatment. ANJESO-treated patients had a significantly longer time to first opioid rescue after surgery compared to placebo treated patients. ANJESO-treated subjects had lower incidences of all cause hospital readmissions, fewer patients admitted to skilled nursing facilities upon discharge, and fewer emergency room visits, and doctor calls related to pain during the follow-up period. With respect to safety, adverse events, or AEs, were primarily mild or moderate in intensity and not related to study treatment, with a higher incidence of AEs reported in the placebo group. Additionally, the incidence of serious AEs was higher in the placebo group. All serious AEs in the ANJESO group were assessed by the primary investigators to be not related to study treatment. No subject discontinued due to an AE. The overall rate of AEs of special interest were lower in the ANJESO-treated group at 9.7% than the placebo group at 21.6%. Rates of individual events in the ANJESO group occurred at similar or lower rates compared to the placebo group. Laboratory and surgical wound healing assessments were similar between treatment groups. Mean total opioid use from hour 0-24, 0-48, and 0-72 hours was significantly lower among meloxicam IV compared to placebo and from hour 0 through hospital discharge. Time to the first oral opioid rescue medication was longer for the ANJESO group than placebo and a similar trend was observed for mean time to first use of IV or oral opioid analgesia. While there was no significant association between opioid consumption and total hospital charges, every unit increase in opioid consumption was associated with a 0.5% increase in LOS in days. The proportion of subjects with more than 1 opioid related adverse drug effects were significantly higher for placebo than ANJESO. Six ANJESO-treated patients had more than 1 AESI in comparison to 12 placebo subjects. Serious AEs were observed among 3 ANJESO-treated patients and 9 placebo subjects. The Overall Benefit of Analgesia Scores, or OBAS, were also assessed. The OBAS score was significantly lower for meloxicam IV compared with placebo-treated subjects on the first postoperative day.
LABP

Hot Stocks

07:11 EDT Landos Biopharma to present on omilancor, PX-69 at 2021 AAI meeting - Landos Biopharma announced that two late-breaking abstracts on preclinical data of omilancor in psoriasis and proof-of concept preclinical data of PX-69 in rheumatoid arthritis will be presented at the upcoming American Association of Immunologists Annual Meeting 2021. The meeting will be held virtually from May 10-15, 2021. Presentation Details: Title: BT-11, a first-in-class, topical therapeutic for psoriasis, ameliorates disease severity and inflammation through activation of LANCL2 pathway: Omilancor significantly decreased the presence of TNF+, IL-17+, IL-6, and IL-21+ cells in the spleen, elements that are critical factors in the pathogenesis of psoriasis; Omilancor decreased acanthosis and immune cell infiltration in dorsal skin, with no signs of parakeratosis; LANCL2 activation regulated metabolism of skin cells, inhibiting the metabolic activation reported in keratinocytes from psoriatic skin, and resulted in over 60% reduction of Psoriasis Area and Severity Index, a score used to assess severity of the disease. Title: PLXDC2 activation by PX-69 ameliorates rheumatoid arthritis through activation of novel immunometabolic mechanisms: Oral PX-69 ameliorates disease severity, resulting in decreased paw inflammation and size in a rat model of collagen-induced arthritis; The PX-69 treatment group showed enhanced structure preservation of hind ankles, reduced cartilage damage and decreased immune cell infiltration and number of blood vessels compared to placebo;PX-69 resulted in a 2-fold decrease of TNFalpha-producing cells while upregulating the proportion of IL-10+ myeloid cells and regulatory T cells in draining lymph nodes; Pharmacological activation of PLXDC2 provided greater than 50% reduction in expression of inflammatory mediators and markers of synoviocyte activation.
SO

Hot Stocks

07:10 EDT Southern Company's Georgia Power: Vogtle Unit 3 begins hot functional testing - Georgia Power announced that hot functional testing has begun for Vogtle Unit 3. Hot functional testing marks the last series of major tests underway for the new nuclear unit ahead of initial fuel load. The testing represents a significant step towards operations and providing customers with a reliable, carbon-free energy source for the next 60 to 80 years. Hot functional testing is conducted to verify the successful operation of reactor components and systems together and confirm the reactor is ready for fuel load. As part of the testing, the site team will begin running Unit 3 plant systems without nuclear fuel and advance through the testing process towards reaching normal operating pressure and temperature. Georgia Power is the largest electric subsidiary of Southern Company.
GTBP

Hot Stocks

07:10 EDT GT Biopharma appoints Gregory Berk to CMO, Jeffrey Miller to Consulting CSO - GT Biopharma appointed Gregory Berk to the position of Chief Medical Officer. Berk has served as a Director on GT Biopharma's Board since November 2020, and resigns that post in conjunction with his appointment. Jeffrey Miller, who has supported GT Biopharma as the company's Consulting Chief Medical Officer since August 2019, will become the company's Consulting Chief Scientific Officer. Berk joins GT Biopharma's management team from Celularity, where he served as Chief Medical Officer.
VALE

Hot Stocks

07:09 EDT Vale sees FY21 iron ore production 315-335 Mt
VALE

Hot Stocks

07:08 EDT Vale reports Q1 iron ore fines production 68.0 Mt, up 14.2% y/y - Vale said its iron ore fines production totaled 68.0 Mt in 1Q21, 14.2% higher than in 1Q20, as Vale progressed on its operational stabilization and resumption plan. Vale's pellet production totaled 6.3 Mt in 1Q21, 9.2% lower than in 1Q20. Sales volumes of iron ore fines and pellets totaled 65.6 Mt in 1Q21, up 11%y/y. Production of finished nickel ex-VNC was 48.4 kt in 1Q21, 6.8% higher than 1Q20 and 4.7% lower than 4Q20. Copper production reached 76.5 kt in 1Q21, 19.0% lower than 1Q20 and 18.2% lower than 4Q20.
PWFL

Hot Stocks

07:08 EDT Comasco selects Cellocator by PowerFleet IoT solution - Cellocator by PowerFleet provided Comasco with an IoT solution for real-time tracing and inventory management of their rented crane parts. Comasco decided to modernize its crane business with IoT technology to gain better visibility, utilization, and security over the equipment.
QURE

Hot Stocks

07:07 EDT uniQure announces removal of clinical hold on hemophiilia B gene therapy program - uniQure announced that the U.S. Food and Drug Administration has removed the clinical hold on the Company's hemophilia B gene therapy program after determining the Company satisfactorily addressed all issues identified by the FDA related to a single patient diagnosed with hepatocellular carcinoma in the HOPE-B pivotal trial. uniQure previously announced on December 21, 2020, that the FDA placed the hemophilia B program on clinical hold following the diagnosis of HCC in one patient in the HOPE-B trial. The patient had multiple risk factors associated with HCC, including a twenty-five-year history of hepatitis C, history of hepatitis B. Chronic infections with hepatitis B and C have been associated with approximately 80% of HCC cases. Following a surgical resection of both tumor and adjacent liver tissue, multiple analyses conducted by an independent laboratory and reviewed by leading external experts in the field show that AAV vector integration in the patient's tissue sample was extremely rare and accounted for 0.027% of the cells in the sample. The integration events were distributed randomly across the genome, and there was no evidence of clonal expansion or any dominant integration event. Additionally, whole genome sequencing of the tumor confirmed that the tumor had genetic mutations that are characteristic of HCC and are independent of vector integration. Finally, gene expression analysis of the tumor and adjacent tissue suggested a precancerous state in the liver that may have predisposed this patient to HCC. All patients in uniQure's hemophilia B gene therapy program, including the 54 patients in HOPE-B, have had abdominal ultrasounds performed one year after dosing, and each will continue to be monitored by their care teams. Patients will continue to receive abdominal ultrasounds every six-months. No other cases of HCC have been reported in uniQure clinical trials conducted in more than 100 patients in hemophilia B and other indications, with some patients dosed more than 10 years ago.
SNCA

Hot Stocks

07:07 EDT Seneca Biopharma approved for merger with Leading Biosciences - Seneca Biopharma disclosed on April 23, the passing of the final proposal required for approval of the proposed merger between Seneca and Leading Biosciences. The Merger is expected to close on or about April 27, and the new combined company, Palisades Bio, is expected to begin trading on the Nasdaq Capital Market on or about April 28 under the ticker "PALI". Seneca and LBS will announce the final exchange ratio prior to the common stock commencing trading on or about Wednesday, April 28.
NYCB FBC

Hot Stocks

07:06 EDT New York Community, Flagstar deal has implied total value of $2.6B
SLNG

Hot Stocks

07:05 EDT Stabilis Solutions announces approval for listing on Nasdaq - Stabilis Solutions announced that the company's common stock has been approved for listing on Nasdaq. Trading on Nasdaq is expected to begin at the opening of trading on April 29, under the company's existing ticker symbol (SLNG).
IMAB

Hot Stocks

07:05 EDT I-MAB reports positive Phase 2 results for olamkicept in ulcerative colitis - I-Mab announced positive topline results from its regional multi-center, randomized, double-blind and placebo-controlled phase 2 study evaluating the efficacy and safety of olamkicept administered intravenously biweekly in patients with active ulcerative colitis. The phase 2 study has met both its primary and key secondary efficacy endpoints, demonstrating significantly higher clinical response rates after 12 weeks of treatment in patients receiving 600 mg olamkicept compared to those on placebo. Significantly more patients in the 600 mg olamkicept group achieved clinical remission and mucosal healing than in placebo, two secondary endpoints of the study. Olamkicept was well tolerated, and with a very acceptable safety profile. I-Mab entered into a license agreement with Ferring Pharmaceuticals to develop and commercialize olamkicept for Greater China and South Korea in 2016. On April 23rd, 2021, the company and Ferring signed a memorandum of understanding to explore a possible collaboration to advance the development and commercialization of olamkicept in US and Canada, the European Union and Japan, if so agreed.
NLTX

Hot Stocks

07:05 EDT Neoleukin Therapeutics receives clearance to proceed with NL-201 Phase 1 trial - Neoleukin Therapeutics announced that the U.S. Food and Drug Administration has removed the clinical hold related to its Investigational New Drug Application to begin a Phase 1 clinical program of its immunotherapeutic candidate, NL-201. Neoleukin previously announced on January 8, 2021 that it received a clinical hold letter from the FDA requesting development of a new assay that more precisely measures the amount of protein being administered and demonstration of accurate delivery of the intended dose of NL-201. The Phase 1 study will evaluate monotherapy, intravenous treatment with NL-201 in up to 120 patients with advanced, relapsed or refractory solid tumors. The trial will assess safety, pharmacokinetics, immunogenicity, pharmacodynamics, and antitumor activity. When the recommended dose and schedule are determined, indication-specific expansion cohorts will be enrolled to estimate safety and antitumor activity. The trial is planned to be conducted in North America and Australia. Recruitment activities have recently begun in Australia. Additional sites in North America are expected to begin recruitment over the next several months.
FBP

Hot Stocks

07:04 EDT First BanCorp announces $300M stock repurchase program - First BanCorp.announced that its Board of Directors has approved a stock repurchase program, under which the Corporation may repurchase up to $300M of its outstanding stock, commencing this quarter through June 30.
SNY MRNA

Hot Stocks

07:04 EDT Sanofi to help manufacture Moderna's COVID-19 vaccine - Sanofi (SNY) has entered into an agreement with Moderna (MRNA), under which Sanofi will help manufacture Moderna's COVID-19 vaccine, supporting the COVID-19 pandemic and vaccine supply needs. Sanofi will leverage its established infrastructure and manufacturing expertise at its site in Ridgefield, NJ, to perform fill and finish of up to 200 million doses of Moderna's COVID-19 vaccine, starting in September 2021. Sanofi continues to be actively involved in discussions with governments and organizations to identify additional areas of pandemic response where the company can make a meaningful impact.
NYCB FBC

Hot Stocks

07:04 EDT New York Community Bancorp to acquire Flagstar Bancorp in all-stock merger - New York Community Bancorp (NYCB) and Flagstar Bancorp (FBC) jointly announced that they have entered into a definitive merger agreement under which the two companies will combine in an all stock merger. Under terms of the agreement, which was unanimously approved by the Boards of Directors of both companies, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own. Following completion of the transaction, the New York Community shares held by New York Community shareholders immediately prior to the transaction are expected to collectively represent approximately 68% of the combined company and the New York Community shares issued to Flagstar shareholders in the merger are expected to represent approximately 32% of the combined company. The implied total transaction value based on closing prices as of April 23, 2021 is approximately $2.6B. The new company will have over $87B in assets and operate nearly 400 traditional branches in nine states and 87 loan production offices across a 28 state footprint. It will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. Thomas R. Cangemi will be President and CEO of the combined company and Alessandro P. DiNello, Flagstar's current President and CEO, will become Non-Executive Chairman with John Pinto serving as Senior Executive Vice President and CFO of the combined company. The transaction is expected to close by the end of 2021, subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals and the requisite approval by the shareholders of each company. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022.
TGTX

Hot Stocks

07:03 EDT TG Therapeutics, Samsung Biologics expand collaboration for ublituximab - Samsung Biologics and TG Therapeutics announced an expansion of a large-scale contract manufacturing deal for the supply of TG Therapeutics' ublituximab, an investigational anti-CD20 monoclonal antibody. TG Therapeutics has completed a rolling submission of a Biologics License Application to the Food and Drug Administration requesting approval of ublituximab, in combination with UKONIQ, TG Therapeutics' oral once-daily inhibitor of PI3K-delta and CK1-epsilon, as a treatment for patients with CLL, based primarily on the results from the UNITY-CLL Phase 3 trial. Ublituximab was also the subject of two Phase 3 trials in patients with relapsing forms of multiple sclerosis and a BLA is currently being prepared for this indication.
KPTI

Hot Stocks

07:03 EDT Karyopharm's Nexpovio combination for myeloma granted MAA in Europe - Karyopharm announced that the European Medicines Agency has validated the company's Type II Variation Marketing Authorization Application, which seeks to expand the currently authorized indication for Nexpovio in the European Union to include, in combination with Velcade and low-dose dexamethasone, the treatment of adult patients with multiple myeloma who have received at least one prior therapy. Validation of the application confirms the submission is complete to begin the EMA's review process. The MAA is supported by the positive results from the pivotal Phase 3 BOSTON study, which evaluated once-weekly selinexor in combination with once-weekly Velcade and low-dose dexamethasone compared to standard twice-weekly Velcade plus low-dose dexamethasone in patients with multiple myeloma who have received one to three prior lines of therapy. The results of the BOSTON study were published in The Lancet in November 2020 and were the basis for the FDA approval of Xpovio's expanded indication in December 2020. The new MAA will be reviewed by Committee for Medicinal Products for Human Use , which will issue an opinion to the European Commission regarding the potential approval for the expanded indication. Karyopharm expects this review to be completed in 4Q21.
MRNA SNY

Hot Stocks

07:03 EDT Moderna enters deal with Sanofi for COVID-19 vaccine fill/ finish manufacturing - Moderna (MRNA) announced that it has entered into an agreement with Sanofi (SNY) for fill/finish sterile manufacturing services and supply packaging for up to 200M doses of the Moderna COVID-19 Vaccine in the U.S. beginning in September. Sanofi will leverage its established manufacturing infrastructure at its site in Ridgefield, New Jersey.
NYCB FBC

Hot Stocks

07:02 EDT New York Community Bancorp to acquire Flagstar Bancorp in all-stock merger
BRKS

Hot Stocks

07:01 EDT Brooks Automation to acquire Precise Automation for $70M in cash - Brooks Automation announced that it has entered a definitive agreement to acquire Precise Automation, a developer of collaborative robots and automation subsytems headquartered in Fremont, CA. The total cash purchase price for the acquisiton will be approximately $70M, subject to working capital and other adjustments. The transaction is expected to close by the end of April upon satisfaction of customary closing conditions.
ACM

Hot Stocks

06:57 EDT Aecom targets science-based net-zero carbon emissions by 2030 - Aecom announced the launch of Sustainable Legacies, its strategy for reaching ambitious environmental, social and governance objectives. This strategy integrates four key pillars that will embed sustainable development and resilience across the company's work, improve social outcomes for communities, achieve net-zero carbon emissions and enhance governance. Achieve net-zero carbon emissions: While developing and implementing best practices and achievable goals for its clients, Aecom has furthered its own carbon emissions goals by ensuring that the company will be operationally net-zero by the end of 2021. It has also committed to reach science-based net-zero carbon emissions by 2030 through the following actions: Setting new 1.5 degrees C-aligned emissions reduction targets. Decarbonizing fleet vehicles and switching to renewable energy tariffs. Partnering with its suppliers to decarbonize and including carbon considerations into its procurement processes. Implementing a 50% reduction in business travel. Creating projects centered around using nature-based solutions to offset residual carbon.
MRK

Hot Stocks

06:50 EDT Merck signs three new virtual power purchase agreements - Merck is accelerating by 15 years its previous 2040 goal to source 100% renewable energy for its purchased electricity. Merck signed three new virtual power purchase agreements for utility-scale energy projects based in Texas and Spain. These projects will address approximately 35% of Merck's Scope 2 emissions by collectively adding 145 megawatts of solar and wind energy to the grid. Merck previously signed a U.S. wind VPPA in 2018, which has added 60 MW of new renewable energy capacity, while providing Merck with the associated renewable energy credits. To achieve the 30% reduction in Scope 3 emissions by 2030, Merck will continue to engage with its suppliers to reduce their emissions, promote opportunities for suppliers to source renewable energy, and use existing procurement and supply chain processes to drive additional strategies to decrease emissions.
MRK

Hot Stocks

06:49 EDT Merck targets carbon neutrality across its operations by 2025 - Merck announced ambitious goals to achieve carbon neutrality across its operations by 2025 and a 30% reduction in its value chain emissions by 2030. These goals are aligned with science and build on Merck's long-standing focus on preventing the worst impacts of climate change and supporting the global effort to achieve the Paris Agreement goals by reducing demand for energy and minimizing greenhouse gas emissions. Merck will achieve carbon neutrality in its operations with ongoing innovation to increase efficiency and reduce carbon emissions, applying sustainable building standards and continuing to transition away from fossil fuel use. Remaining Scope 1 emissions will be offset each year with a portfolio of high-quality carbon credits, including carbon removals. "Global efforts to combat climate change are essential to the health and sustainability of our planet," said Robert Davis, president, Merck. "Our new climate action goals reflect our ongoing commitment to operating responsibly and will help us drive long-term sustainability for our business, society and for the patients and communities we serve."
ETN

Hot Stocks

06:48 EDT Eaton to acquire 50% stake in Jiangsu YiNeng Electric's busway business - Eaton announced it has signed an agreement to acquire a 50% stake in Jiangsu YiNeng Electric's busway business, which manufactures and markets busway products in China and had sales of $60M in 2020. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close in the third quarter. After the transaction closes, the company will do business as Eaton Busway Jiangsu. Jiangsu YiNeng Electric is a Chinese electrical equipment manufacturer. Founded in 2002 and headquartered in Jiangsu, China, the company serves the data center, infrastructure, commercial building, telecommunications, and industrial segments.
CMMB

Hot Stocks

06:39 EDT Chemomab Therapeutics enrolls first patient in CM-101 study - Chemomab Therapeutics announced enrollment of the first patient in its Phase 2a study of CM-101 in Non-Alcoholic Steatohepatitis, or NASH. CM-101 is humanized monoclonal antibody designed to bind to and block CCL24 activity, a chemokine activity that stimulates inflammation and the development of fibrosis.
MDJH

Hot Stocks

06:38 EDT MDJM Ltd signs marketing, sales agency agreement with Tianjin Infrastructure - MDJM Ltd announced that it signed a marketing planning and sales agency agreement with Tianjin Infrastructure, a state-owned enterprise specializing in financing, investment, construction and operation of urban infrastructure. Pursuant to the agreement, the company will provide nationwide marketing and sales services to Tianjin Infrastructure's Zhangguizhuang residential construction program in Dongli District, Tianjin. The program is located near a major transportation route close to subway stations, a high-speed rail line, and an airport. It is positioned as a low-density boutique affordable luxury residential with a total of 652 units available for sales. MDJH will work closely with Tianjin Infrastructure for housing market analysis, competition assessment, marketing and promotion, and sales staff training. The company will assist Tianjin Infrastructure in establishing a sales management system, managing sales sites and customer information, implementing sales transactions and collections, and following up after sales.
VST

Hot Stocks

06:36 EDT Vistra Energy sees FY21 adjusted EBITDA $1.48B-$1.88B - Sees FY21 adjusted FCFbG $200M-$600M. The company said, "Vistra positioned itself to handle the unprecedented Winter Storm Uri in Texas and executed well in the areas that we could control. The storm led to a confluence of unpredictable events and substantially altered the company's risk profile, driven by issues with the integrated gas and electric systems, principally impaired gas deliverability, that we had never before seen. We are obviously very disappointed with the financial loss as a result of the effects of Uri and it is even more difficult to accept given our team members' preparation and execution before, during, and after the storm," said Curt Morgan, Vistra's CEO. "The results do not reflect our performance; however, we understand the reality in front of us and are prepared to move the company forward. We have a strong core to build from and have faith in our business model and strategic direction, especially as we implement a number of measures to mitigate the risks we observed from the winter storm event. Vistra is confident in the company's ability to bounce back in 2021 and get back on track with our transformation, the execution of our long-term capital allocation plan, and creating value for our stakeholders over the long-term."
VST

Hot Stocks

06:34 EDT Vistra Energy provides Winter Storm Uri financial impact - The company said, "Since its initial announcement regarding the estimated financial impact of Uri on Feb. 26, 2021, Vistra has received additional customer load information, which drove a negative variance to its previous estimate of $(900) million to $(1,300) million. Vistra also had a line of sight to relatively high probability self-help initiatives that, until mid-April, kept the net estimate of the 2021 Adjusted EBITDA impact at the high end of this previous range, with knowledge that ERCOT's 55-day resettlement statements would be forthcoming. These self-help initiatives include the monetization of certain commercial positions, generation savings from lower O&M project work, retail savings and forecasted performance, and IT and SG&A savings, which are expected to total ~$500 million in the balance of the year. In mid-April, Vistra received the 55-day resettlement statements from ERCOT, which drove an estimated negative variance of more than $200 million. Vistra now estimates the net financial impact of Uri on its 2021 Ongoing Operations Adjusted EBITDA1 and Ongoing Operations Adjusted FCFbG1 is ~$(1,600) million. This estimate includes the expected benefit of the self-help initiatives, but assumes no recovery from potential successful outcomes of various legal and regulatory challenges related to Uri. Vistra estimates the entire 2021 Adjusted EBITDA impact from the storm was less than the negative impact from gas deliverability issues and the incredibly high costs to procure gas. Vistra's firm gas contracts that were not honored by third parties led to the company procuring replacement gas at incredibly high costs, while the lack of physical gas and insufficient pressures on the pipelines impacted the company's ability to generate power at full capacity. As a result of these challenges, Vistra had to procure power in the ERCOT market at prices at or near the price cap to meet its supply obligations. Absent these issues with gas deliverability and increased gas costs, Vistra estimates that the 2021 Adjusted EBITDA impact of Uri would have been a slight positive."
CNHI

Hot Stocks

06:33 EDT CNH Industrial announces senior appointments - CNH Industrial has appointed Parag Garg as Chief Digital Officer and Marc Kermisch as Chief Information Officer for Off Highway business. This follows the appointment of Kevin Barr as Chief Human Resources Officer on March 19. Garg, Kermisch and Barr will join the company's Senior Leadership Team. Garg joins CNH Industrial from T-Mobile, where he was, since 2017, Vice President Product and Technology. During his career, Garg has worked at companies including Amazon.com, Microsoft and Sears Holdings. Kermisch joins CNH Industrial from OptumRx, a pharmacy benefits management division of United Health Group, where he was Senior Vice President and Chief Technology Officer. Barr joined CNH Industrial in March following a 19-year career with Terex, where he was Chief Human Resources Officer and Senior Vice President.
TOT

Hot Stocks

06:22 EDT Total declares force majeure on Mozambique LNG project - Total said in a statement: "Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation leads Total, as operator of Mozambique LNG project, to declare force majeure.Total expresses its solidarity with the government and people of Mozambique and wishes that the actions carried out by the government of Mozambique and its regional and international partners will enable the restoration of security and stability in Cabo Delgado province in a sustained manner. Total E&P Mozambique Area 1 Limitada, a wholly owned subsidiary of Total SE, operates Mozambique LNG with a 26.5% participating interest alongside ENH Rovuma Area Um, S.A. (15%), Mitsui E&P Mozambique Area1 Limited (20%), ONGC Videsh Rovuma Limited (10%), Beas Rovuma Energy Mozambique Limited (10%), BPRL Ventures Mozambique B.V. (10%), and PTTEP Mozambique Area 1 Limited (8.5%)." Reference Link
AZN

Hot Stocks

06:21 EDT AstraZeneca's phase III trial of Nirsevimab met primary endpoint - The company states: "The MELODY Phase III trial for nirsevimab met its primary endpoint of a statistically significant reduction in the incidence of medically attended lower respiratory tract infections caused by respiratory syncytial virus compared to placebo in healthy late preterm and term infants during their first RSV season. Nirsevimab is a long-acting antibody, using AstraZeneca's proprietary YTE technology, and being developed by AstraZeneca and Sanofi, with the potential to provide immunity directly to infants and offer immediate protection against RSV. It is the first potential immunisation to show protection against RSV in the general infant population in a Phase III trial. Preliminary analysis of the safety profile for nirsevimab was consistent with previous trial data. No clinically meaningful differences in safety results between the nirsevimab and placebo groups have been seen."
AZN

Hot Stocks

06:19 EDT AstraZeneca's Tagrisso recommended in E.U. for treatment of EGFR lung cancer - The company states: "AstraZeneca's Tagrisso has been recommended for marketing authorisation in the European Union for the adjuvant treatment of adult patients with early-stage epidermal growth factor receptor-mutated non-small cell lung cancer after complete tumour resection with curative intent. If approved, Tagrisso will be indicated for EGFRm patients whose tumours have exon 19 deletions or exon 21 mutations. The Committee for Medicinal Products for Human Use of the European Medicines Agency based its positive opinion on results from the ADAURA Phase III trial. In the trial, Tagrisso demonstrated a statistically significant and clinically meaningful improvement in disease-free survival in the primary analysis population of patients with Stage II and IIIA EGFRm NSCLC, and in the overall trial population of patients with Stage IB-IIIA disease. These results were published in The New England Journal of Medicine. While up to 30% of all patients with NSCLC may be diagnosed early enough to have surgery with curative intent, recurrence is still common in early-stage disease. Historically, nearly half of patients diagnosed in Stage IB, and over three quarters of patients diagnosed in Stage IIIA, have experienced recurrence within five years."
AMZN

Hot Stocks

06:12 EDT Amazon.com launches IP Accelerator in Canada - Amazon launched the Intellectual Property Accelerator in Canada, making it easier and more cost effective for small and medium-sized businesses to obtain trademarks, protect their brands and tackle infringing goods both in Amazon's stores and the broader marketplace. Available to any brand selling in Amazon's stores, IP Accelerator directly connects Canadian SMB owners with a curated network of local law firms charging reduced, pre-negotiated rates on key services, giving SMBs access to expert legal and general IP advice that may otherwise be cost-prohibitive or hard to find. To date, the list of participating firms includes Bereskin & Parr LLP, Brouillette Legal Inc., Chari Prenol Slaney & Turco, Clancy PC, JZC Intellectual Property Law, Kestenberg Siegal Lipkus LLP, Palmer IP, and Ridout & Maybee LLP.
AZN MRK

Hot Stocks

06:11 EDT AstraZeneca's Selumetinib recommended for approval in E.U. to treat NF1 - AstraZeneca (AZN) and MSD's (MRK) selumetinib has been recommended for conditional marketing authorisation in the European Union for the treatment of symptomatic, inoperable plexiform neurofibromas in paediatric patients with neurofibromatosis type 1, or NF1, aged three years and above. The Committee for Medicinal Products for Human Use of the European Medicines Agency based its positive opinion on results from the National Cancer Institute Cancer Therapy Evaluation Program -sponsored SPRINT Stratum 1 Phase II trial. Results were published in The New England Journal of Medicine.8 Safety and efficacy data from the SPRINT trial with longer follow up will be provided to the CHMP as a condition of the recommendation for approval. The trial showed selumetinib demonstrated an objective response rate of 66% (33 of 50 patients, confirmed partial response) in paediatric patients with NF1 PN when treated with selumetinib as twice-daily oral monotherapy.1 ORR is defined as the percentage of patients with confirmed complete or partial response of at least 20% reduction in tumour volume.
BSPE

Hot Stocks

06:10 EDT Bespoke Capital Acquisition updates proposed Vintage Wine Estates combination - Bespoke Capital Acquisition provided an update on progress toward completing its business combination with Vintage Wine Estates. Funds managed by Wasatch agreed last week to increase their investment in Bespoke to an additional $100M investment at $10.00 per share. Three resolutions have been put forward for BCAC shareholders to approve at the upcoming May 6th shareholder meeting: approval of extension of the permitted investment timeline to July 30; approval of the transaction with VWE; approval of the redomestication of BCAC from British Columbia to Nevada. Voting on these measures will not adversely affect other BCAC shareholder rights. However, the failure to approve these measures could adversely affect the proposed VWE combination and may result in BCAC being wound-up and the BCAC warrants expiring worthless. If BCAC's registration statement is not declared effective by the SEC prior to May 6, BCAC expects to seek to approve the extension resolution at the meeting, but may adjourn or postpone the votes on approval of the transaction and redomestication to comply with SEC requirements. BCAC believes that the transaction is very attractively valued for shareholders at 11.9x EV/Adjusted EBITDA FY22 of $63M and FY22 P/E of 22.7x and that the transaction represents a discount to comparable listed companies.
KBR

Hot Stocks

06:05 EDT KBR awarded $48.5M Air Force recompete for optoelectronic technology research - KBR won a $48.5M recompete to support optoelectronic technology research for the U.S Air Force Research Laboratory Sensors Directorate's Optoelectronic Technology Branch, or RYDH. KBR will perform analyses of military and commercial developmental devices with emphasis on emerging electronic, plasmonic, electro-optic, and photonic technology. These devices will include lasers, waveguides, detectors, and focal plane array. KBR will also perform analyses on materials, such as semiconductors, nonlinear crystals, and laser gain media; and more broadly, applications of the subject devices and materials. Applications for this research exist for nearly every airborne platform, including the F-35 Lightning II, spacecraft such as Wideband Global SATCOM and Global Positioning System satellites, as well as ground based and modular sensing packages. KBR will perform this work over a five-year period in Dayton, Ohio. The Air Force's 774th Enterprise Sourcing Squadron awarded the cost-plus, fixed fee task order under the Department of Defense Information Analysis Center's Multiple Award Contract.
IMNM

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06:05 EDT Immunome's antibody cocktail neutralizes three SARS-CoV-2 variants - Immunome announced antibody selection for its IMM-BCP-01 antibody cocktail and shared data showing that IMM-BCP-01 neutralizes CDC SARS-CoV-2 "Variants of Concern" in preclinical testing. IMM-BCP-01 contains three monoclonal antibodies that bind to non-overlapping regions of the spike protein with picomolar affinity. The Immunome antibodies have shown to be effective against the current SARS-CoV-2 and its variants. In Syrian hamsters infected with live SARS-CoV-2 virus, IMM-BCP-01 reduced lung viral load as a treatment and prophylaxis. Live virus studies demonstrated full neutralization by IMM-BCP-01 of CDC-designated "Variants of Concern," South Africa and UK, as well as the U.S. and European reference strains. Pseudovirus studies demonstrated full neutralization of "Variants of Concern," Brazil and California. The selected antibodies also bind to those with several individual mutations, including the recently emerged double mutant, or the India variant. In addition to viral neutralization, the antibodies also demonstrated additional mechanisms in vitro that may be of relevance in viral clearance. Immunome anticipates filing an IND for its IMM-BCP-001 program in late Q2/early Q3 2021.
RVPH

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06:04 EDT Reviva Pharmaceuticals: Phase 2 trial of RP5063 met primary endpoint - Reviva Pharmaceuticals announced the full details of its Phase 2 clinical trial for its lead drug candidate, RP5063 (brilaroxazine) for Acute Schizophrenia. In its randomized, double-blind, placebo-controlled, multicenter Phase 2 trial to assess the safety and efficacy of brilaroxazine in 234 subjects with acute exacerbation of schizophrenia or schizoaffective disorder, brilaroxazine met its primary endpoint, which was reduction in total Positive and Negative Syndrome Scale at the end of the treatment from baseline versus placebo. The drug candidate also met all safety endpoints including clinical, labs, body weight, prolactin, lipids, fasting glucose, and EKG. The PANSS total score was reduced by 20 points, a statistically significant treatment difference from the placebo. Brilaroxazine also mitigated positive symptoms and negative symptoms, and improved social functioning and cognition. Importantly, the FDA has agreed to consider a potential 'Superior Safety' label claim, if there is a positive outcome on a relevant endpoint in a pivotal Phase 3 clinical study in schizophrenia.
BDX

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06:04 EDT Becton Dickinson submits BD Alaris 510(k) premarket notification to FDA - Becton Dickinson announced it has submitted a 510(k) premarket notification to the FDA for the BD Alaris System, the most widely used infusion pump in acute care hospitals across the United States.
AXSM

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06:02 EDT Axsome Therapeutics says FDA accepts NDA for AXS-05 - Axsome Therapeutics announced that the U.S.FDA has accepted for filing the company's New Drug Application for AXS-05 for the treatment of major depressive disorder, and has granted the application Priority Review. AXS-05 is a novel, oral, investigational NMDA receptor antagonist with multimodal activity. The FDA has set a Prescription Drug User Fee Act target action date for the AXS-05 NDA of August 22.
NSRGY

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05:57 EDT Nestle confirms talks to acquire Bountiful Company - Nestle confirmed that it "in discussions to acquire all or part of The Bountiful Company."
XM

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05:38 EDT Qualtrics chosen by Stanford Health Care to update patient experience program - Qualtrics announced that it has been chosen by Stanford Health Care to transform the health system's entire patient experience program. Qualtrics will provide the operating system, feedback and analytics tools to support Stanford Health Care's goals to build a patient experience program and consolidate its existing listening programs, Hospital Consumer Assessment of Healthcare Providers and Systems, or HCAHPS, surveys, and assessments onto a single platform. Qualtrics is an approved vendor for HCAHPS, a 29-question survey instrument and data collection methodology used to measure patient experience and determine reimbursement dollars. In addition to HCAHPS, Qualtrics will help Stanford Health Care to leverage live touchpoints and insights as part of its program, re-imagining traditional patient experience methods with the goals of quickly closing the loop with patients and building a culture of action across its entire health system. Stanford Health Care is the first academic medical center to use Qualtrics for the health system's entire patient experience program, including HCAHPS.
PHG

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05:35 EDT Philips sees FY21 comparable sales up low-to-mid-single-digits - The company said, "Looking ahead, while we continue to see uncertainty related to the impact of COVID-19 across the world, we see increased demand in the Diagnosis & Treatment and Personal Health businesses. We now plan to deliver low-to-mid-single-digit comparable sales growth for the Group in 2021 (compared to the earlier projection of low-single-digit growth), with an Adjusted EBITA margin improvement of 60-80 basis points."
PHG

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05:34 EDT Philips takes EUR 250M provision for issue in sleep, respiratory care component - The company said, "In line with our plans, we signed an agreement to sell the Domestic Appliances business, which concludes our major divestments. We are pleased that we have found a good home for this business and we look forward to a successful partnership with the new owner, Hillhouse Capital. We are also pleased to have completed the acquisition of BioTelemetry and Capsule Technologies, which will further drive our transformation into a solutions company, and in particular further strengthen our position to improve patient care across care settings for multiple diseases and medical conditions. Regretfully, we have identified a quality issue in a component that is used in certain sleep and respiratory care products, and are initiating all precautionary actions to address this issue, for which we have taken a EUR 250 million provision."
NSRGY

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05:32 EDT Nestle confirms talk to acquire Bountiful Company - Nestle confirmed that it "in discussions to acquire all or part of The Bountiful Company."
AL VLRS

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05:21 EDT Air Lease announces long-term lease placement with Volaris for four A320neos - Air Lease (AL) announced long-term lease placements for four new Airbus A320neo aircraft with Volaris (VLRS). Two of the aircraft are from ALC's order book with Airbus and two are from sale-leasebacks acquired from a third party by one of our management vehicles. The four new A320neos are set to deliver during the remainder of Q2.
INSP

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05:20 EDT Inspire Medical enters exclusive distribution agreement with Japan Lifeline - Inspire Medical announced an exclusive distribution agreement with Japan Lifeline, an independent full-service distributor of medical devices, to commercialize Inspire therapy in Japan. The parties entered into this agreement following completion of reimbursement review of Inspire therapy by the Minister of Health Labour and Welfare, or MLHW,. Formal listing of Inspire therapy in the Japan National Health Insurance Payment Listing is expected to occur in June. Inspire therapy received regulatory approval in Japan in 2018. Inspire and JLL worked closely with the MHLW in order to advance the reimbursement application for Inspire therapy, which was approved by an expert panel this month. The formal listing of Inspire therapy is the final step prior to the training of centers and physicians in Japan.
VLVLY

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05:16 EDT Volvo to acquire 60% of Designwerk Technologies - Volvo has signed definitive agreements to acquire 60% of Designwerk Technologies, an engineering company in Switzerland, that develops and sells electromobility products and engineering services within electromobility eco-systems. By investing in Designwerk Technologies, the Volvo Group said it will complement its current capabilities when it comes to niche products and solutions. Designwerk Technologies offer customized electric trucks under the brand Futuricum, mobile rapid chargers and high voltage battery systems. Designwerk Technologies will continue to operate as a standalone company. Completion of the transaction is expected to occur in the coming weeks. The transaction has no significant impact on the Volvo Group's earnings or financial position.