Stockwinners Market Radar for August 18, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

STMP

Hot Stocks

20:03 EDT Stamps.com announces expiration of go-shop period - Stamps.com announced the expiration of the 40-day "go-shop" period under the terms of the previously announced merger agreement, pursuant to which Thoma Bravo, a leading software investment firm, has agreed to acquire the Company in an all-cash transaction valued at approximately $6.6 billion. The 40-day "go-shop" period expired at 11:59 p.m. Pacific Time on August 17, 2021.
PSA

Hot Stocks

19:04 EDT Public Storage announces passing of co-founder B. Wayne Hughes - Public Storage announced the passing of its co-founder and Chairman Emeritus, B. Wayne Hughes, on August 18, 2021. Ron Havner, Chairman of the Board of Trustees, commented: "Wayne was my mentor in every sense of the word. His practical, no nonsense approach to business and natural ability to 'think outside the box' were the keys to Public Storage's success. He continually pushed us to innovate, so we made lots of mistakes, but we learned, kept growing, and improved the business."
GOCO

Hot Stocks

19:01 EDT GoHealth CEO, Chief Strategy Officer each buy 522K shares - In two separate regulatory filings, GoHealth disclosed that its CEO Clinton Jones and Chief Strategy Officer Brandon Cruz each bought 522.3K shares of common stock on August 16th in two separate transactions of $1.18M.
DIBS

Hot Stocks

18:52 EDT 1stDibs CEO buys 100K shares of common stock - In a regulatory filing, 1stDibs disclosed that its CEO David Rosenblatt bought 100K share of common stock on August 17th in a total transaction size of about $1.49M. Shares of SoFi Technologies are up 3.3% in after-hour trading.
AI

Hot Stocks

18:49 EDT C3.ai CEO sells $30.2M in common stock - In a regulatory filing, C3.ai disclosed that its CEO Thomas Siebel sold 654K shares of common stock on August 16th in a total transaction size of $30.2M, reducing his stake by about 7%.
A

Hot Stocks

18:48 EDT Agilent CEO: We're executing a build and buy growth strategy - In an interview on CNBC's Mad Money, Mike McMullen said the health and safety of Agilent's team is the number one priority. The company's core business, non-Covid, is up 26% and is on track to add $1B this year, he noted. McMullen sees great potential in China, as Agilent has been there for years and knows how to work in that country.
GBLI

Hot Stocks

18:47 EDT Global Indemnity says Harbert Discovery Fund letter contains 'misstatements' - Global Indemnity has issued the following letter to Harbert Discovery Fund in response to a recent letter from the Investor, stating: "We refer to your letter to the Chairman of our Board of Directors, dated August 12, 2021. While we thank you for your continued interest in Global Indemnity Group, LLC ("GBLI"), we must nevertheless inform you, and must caution holders of GBLI securities as well as others who may be interested in investing in GBLI securities, that your August 12, 2021 letter to the Chairman contains both material factual misstatements and significant misleading characterizations of GBLI. We entreat you to take more care in your research and analysis, particularly with respect to material you publicly disseminate."
CHRS

Hot Stocks

18:44 EDT Coherus Biosciences, Junshi announces 'positive' interim CHOICE-01 results - Shanghai Junshi Biosciences Co., Ltd. and Coherus BioSciences announced positive interim results from the pivotal study "CHOICE-01", a randomized, double-blind, placebo-controlled Phase 3 clinical trial evaluating toripalimab plus chemotherapy as first-line treatment of advanced squamous or non-squamous non-small cell lung cancer. The interim analysis met the primary endpoint, demonstrating a statistically significant and clinically meaningful improvement in progression free survival per RECIST v1.1 compared to chemotherapy alone. The results will be summarized September 13 in an oral presentation by Professor Jie Wang, MD, PhD, National Cancer Center/National Clinical Research Center for Cancer/Cancer Hospital, Chinese Academy of Medical Sciences & Peking Union Medical College, during the Mini Oral Session at the 2021 World Conference on Lung Cancer hosted by the International Association for the Study of Lung Cancer. The abstract is now available on the WCLC website. "The CHOICE-01 study in patients with advanced non-small cell lung cancer has demonstrated the clinical benefit of toripalimab in yet another first-line setting, building on the evidence of efficacy in first-line studies in nasopharyngeal carcinoma and esophageal squamous cell carcinoma," said Dr. Patricia Keegan, Chief Medical Officer at Junshi Biosciences. "With an excellent clinical profile being established across multiple tumor types, we expect to pursue registration for toripalimab for a broad array of indications in China, the United States and other markets."
HIG

Hot Stocks

18:42 EDT Hartford Financial director Allardice sells 9,000 common shares - In a regulatory filing, Hartford Financial director Robert Allardice disclosed the sale of 9,000 common shares of the company on August 16 at a price of $67.613 per share.
ACVA

Hot Stocks

18:40 EDT ACV Auctions director Goodman sells 147,000 class A shares - In a regulatory filing, ACV Auctions director Robert Goodman disclosed the sale of 147,000 class A shares of the company on August 16 at a price of $21.40 per share.
CMI

Hot Stocks

18:25 EDT Cummins CEO: We're a company with innovation at our core - In an interview on CNBC's Mad Money, Tom Linebarger said the next level of innovation is low-carbon technology. "We want to produce hydrogen with no carbon in it," he noted. "Hydrogen has a lot of uses in a green economy." Linebarger acknowledged that Europe is ahead of the U.S. in hydrogen technology, mostly through the help of the their government. Cummins is always looking for partners in the hydrogen space, he added.
MIDD

Hot Stocks

18:24 EDT Middleby director Miller sells 3,000 common shares - In a regulatory filing, Middleby director John Miller disclosed the sale of 3,000 common shares of the company on August 17 at a price of $176 per share.
APP

Hot Stocks

18:23 EDT AppLovin CFO buys 25K shares of common stock - In a regulatory filing, AppLovin disclosed that its CFO Herald Chen bought 25K share of common stock on August 17th in a total transaction size of about $1.5M, doubling his stake to 50K. Shares ofAppLovin are up 3.1% in after-hours trading.
ZTO

Hot Stocks

18:05 EDT ZTO Express backs FY21 parcel volume outlook - The company states: "Based on current market and operating conditions, the Company maintains its previously stated annual guidance. Parcel volume for 2021 is expected to be in the range of 22.95 billion to 23.80 billion, representing a 35% to 40% increase year over year."
TAL

Hot Stocks

18:04 EDT TAL Education stops offering Academic AST classes over weekends - TAL Education Group announced that the Beijing Municipality Government and the Beijing Municipal Committee of the Communist Party of China jointly issued the "Beijing Municipality's Measures to Further Reduce the Burden of Homework and After-School Tutoring on Students in Compulsory Education in Beijing" on August 14, 2021, and published the full text of the Beijing Measures on August 18, 2021. The Beijing Measures were adopted to implement the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education, published in July by the General Office of the CPC Central Committee and the General Office of the State Council, and aims to ensure that "the excessive burden upon students from school homework and after-school tutoring, the education expenditures from their families and the burden on their parents' energy will be effectively reduced by the end of 2021, with significant impact achieved within two years." The company's compliance with the new measures will have a material adverse impact on its existing AST business, results of operations and financial condition. Specifically, in compliance with the Beijing Measures, the Company has stopped offering Academic AST classes over weekends, national holidays and the current school break period in Beijing. Historically, the revenues from Academic AST classes over these time periods accounted for the majority of the Company's total revenues. The Company will continue to proactively seek guidance from and cooperate with government authorities in Beijing and other provinces and municipalities in connection with its efforts to comply with the policy directives of the PRC central government and any related implementation rules, regulations and measures.
SQ...

Hot Stocks

17:57 EDT Jack Dorsey says he is 'trying' bitcoin mining - Square (SQ) and Twitter (TWTR) CEO Jack Dorsey tweeted yesterday that he is "trying" to mine bitcoin with Compass Mining. Reference Link
GORO

Hot Stocks

17:43 EDT Gold Resource reduces activity at Don David Gold Mine - The company states: "Gold Resource considers the health and safety of its workers and host communities a fundamental priority of the Company's operations. Like many other countries, the highly contagious COVID-19 delta variant has had a devastating impact on Mexico. In the last three days, the number of individuals in isolation at the Don David Gold Mine has climbed to 102, stretching our camp and extra accommodations in the local communities to the limit. After discussions with our medical staff and an epidemiologist, we are reducing the movement of people coming to the mine site from the local communities and the region. Accordingly, we will ramp down operations starting today and will continue with significantly reduced activities at the mine for at least the next ten days. Our objectives include minimizing the further spread of infection amongst our workforce and the local communities, providing relief to our medical teams, and not further overstraining our accommodations. The operations will continue with those employees and contractors who have agreed to stay in the camp for periods longer than the usual rotation to create a bubble. Testing frequency will increase with stricter procedures governing operational activities. Exploration, construction of the filter press, transportation and certain other critical activities will continue following the implementation of the enhanced protocols."
GLD

Hot Stocks

17:41 EDT SPDR Gold Shares holdings fall to 1,015.10MT from 1,017.14MT - This is the 4th consecutive decline and the lowest level of holdings since April of 2020.
SAIC

Hot Stocks

17:35 EDT SAIC awarded maximum $99M Defense Logistics Agency contract - SAIC has been awarded a maximum $99M firm-fixed-price, indefinite-delivery/indefinite-quantity contract for facilities maintenance, repair and operations supplies. This was a sole-source acquisition using justification 10 U.S. Code 2304, as stated in Federal Acquisition Regulation 6.302-1. This is a 450-day bridge contract with no option periods. The contract has a November 11, 2022, ordering period end date. Using customers are Army, Navy, Air Force, Marine Corps and Coast Guard. Type of appropriation is FY21 through FY23 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support.
NVDA

Hot Stocks

17:32 EDT Nvidia says gaming demand continues to exceed supply - Says more than 50,000 creators have downloaded Ominverse since the open beta. Says sees momentum across regions. Says expects another strong quarter in Q3 driven by accelerating demand in data center. Says gaming demand continues to exceed supply. Says RTX demand is quite incredible. Sees Q3 gaming revenue $6.8B. Sees Q3 capital expenditures $200M-$225M. Comments taken from Q2 earnings conference call.
ABBV

Hot Stocks

17:31 EDT AbbVie says all atogepant treatment arms met primary endpoint in phase 3 study - The company states: "AbbVie announced that the New England Journal of Medicine has published 12-week results from the Phase 3 ADVANCE trial evaluating atogepant for the preventive treatment of migraine in adults who meet criteria for episodic migraine. The study, which enrolled adult participants experiencing 4 to 14 migraine days per month, found that all active treatment arms of atogepant - 10 mg, 30 mg, and 60 mg once-daily doses - met their primary endpoint of a statistically significant reduction in mean monthly migraine days across the 12-week treatment period compared to placebo.2 The study also found that a greater proportion of atogepant-treated participants achieved at least a 50% reduction in mean monthly migraine days for all doses compared to placebo and met other key secondary endpoints. Atogepant, which is currently under review by the U.S. Food and Drug Administration, is an investigational orally administered calcitonin gene-related peptide receptor antagonist, which, if approved, will be the first and only oral gepant specifically developed for the preventive treatment of episodic migraine. The primary endpoint for the ADVANCE trial was change from baseline in mean monthly migraine days across the 12-week treatment period. All atogepant dose groups met the primary endpoint and demonstrated statistically significant reductions in mean monthly migraine days compared to placebo.1 Patients treated in the 10 mg, 30 mg, and 60 mg atogepant arms experienced a decrease of 3.7, 3.9, and 4.2 days respectively compared to patients in the placebo arm, who experienced a decrease of 2.5 days."
PING

Hot Stocks

17:08 EDT Beneficial owner of Ping Identity VEP Group sells 6M shares - VEP Group disclosed in a filing that it had sold 6,000,000 shares of company stock at $23.60 per share on August 18, for a total transaction value of $141,600,000.
CSCO

Hot Stocks

17:07 EDT Cisco sees supply chain issues continuing to impact company - Says continuing to manage through supply chain constraints seen industry-wide due to component shortages. Sees supply chain affecting company through the first half of the year. Sees supply chain impacts through most of the second half of the year as well with some clear up at the end at the high end of the company's guidance. Says shift to software and services and recurring revenue base leads to greater visibility. Comments taken from Q4 earnings conference call.
CSCO

Hot Stocks

17:07 EDT Cisco sees supply chain issues continuing to impact company - Says continuing to manage through supply chain constraints seen industry-wide due to component shortages. Sees supply chain affecting company through the first half of the year. Sees supply chain impacts through most of the second half of the year as well with some clear up at the end at the high end of the company's guidance. Says shift to software and services and recurring revenue base leads to greater visibility. Comments taken from Q4 earnings conference call.
VSCO

Hot Stocks

17:06 EDT Victoria's Secret drops 8% to $65.75 after Q3 guidance misses estimates
CFMS

Hot Stocks

17:02 EDT Conformis performed first procedure using Identity knee replacement system - The company states: "Conformis announced the first procedure with the new Conformis Identity Imprint knee replacement system. Identity Imprint, available in both cruciate retaining and posterior stabilized implants, utilizes a proprietary algorithm to select the implant size that most closely meets the geometric and anatomic requirements of the patient's knee based on the individual's CT scan. As with Conformis' personalized iTotal knee product line, Identity Imprint uses Conformis' sterile Surgery-in-a-Box delivery system, which provides ambulatory surgical centers and hospitals greater procedural efficiency and improved sterilization cost savings over comparable systems. The global knee joint reconstruction market is projected at over $9B, with approximately 1 million knee replacements expected to be performed in the United States this year."
NFLX

Hot Stocks

17:01 EDT SEC announces insider trading charges against three former Netflix engineers - The Securities and Exchange Commission announced insider trading charges against three former Netflix software engineers and two close associates who generated over $3 million in total profits by trading on confidential information about Netflix's subscriber growth. According to the SEC's complaint, Sung Mo "Jay" Jun was at the center of a long-running scheme to illegally trade on non-public information concerning the growth in Netflix's subscriber base, a key metric Netflix reported in its quarterly earnings announcements. The complaint alleges that Sung Mo Jun, while employed at Netflix in 2016 and 2017, repeatedly tipped this information to his brother, Joon Mo Jun, and his close friend, Junwoo Chon, who both used it to trade in advance of multiple Netflix earnings announcements. The SEC's complaint further alleges that after Sung Mo Jun left Netflix in 2017, he obtained confidential Netflix subscriber growth information from another Netflix insider, Ayden Lee. Sung Mo Jun allegedly traded himself and tipped Joon Jun and Chon in advance of Netflix earnings announcements from 2017 to 2019. The SEC alleges that Sung Mo Jun's former Netflix colleague Jae Hyeon Bae, another Netflix engineer, tipped Joon Jun based on Netflix's subscriber growth information in advance of Netflix's July 2019 earnings announcement. Sung Mo Jun, Joon Jun, and Chon allegedly used encrypted messaging applications to discuss their trading in an attempt to evade detection. According to the complaint, Sung Mo Jun, Joon Jun, and Chon made approximately $3 million in total profits from the illegal scheme. The SEC Market Abuse Unit's Analysis and Detection Center uncovered the trading ring by using data analysis tools to identify the traders' improbably successful trading over time. "We allege that a Netflix employee and his close associates engaged in a long-running, multimillion dollar scheme to profit from valuable, misappropriated company information," said Erin E. Schneider, Director of the SEC's San Francisco Regional Office. "The charges announced today hold each of the participants accountable for their roles in the scheme." Reference Link
HSBC

Hot Stocks

16:57 EDT HSBC initiates legal proceedings against Republic of El Salvador - HSBC Latin American Holdings initiated legal proceedings against the Republic of El Salvador for breach of its investment treaty with the United Kingdom, and seeks to recover at least $49.3M in damages that the Bank alleges were wrongly awarded against it by the Supreme Court of El Salvador. The arbritation case will be heard by the International Centre for Settlement of Investment Disputes. Based in Washington, D.C., ICSID is part of the World Bank Group and supports the resolution of international investment disputes between investors and sovereign states. "HSBC is involved in legal cases in courts around the world, and we accept the outcome of those proceedings when they are resolved according to the rule of law," said Leopoldo Ortega, General Counsel, HSBC Latin America. "This case is effectively a judicially sanctioned denial of justice, and our decision to take it to an independent international tribunal is meant to protect both our financial interests and the rule of law in international investing."
MNR EQC

Hot Stocks

16:55 EDT Starwood boosts Monmouth bid to net consideration of $19.20 per share in cash - Starwood Real Estate Income Trust, an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate and energy investments, today submitted an enhanced all-cash, fully financed, fully actionable proposal to acquire Monmouth Real Estate Investment Corporation (MNR) for $19.93 per Monmouth share reduced by the termination fee owed to Equity Commonwealth (EQC) of $72M or 73c per share. Starwood's enhanced proposal would provide net consideration of $19.20 per share to Monmouth shareholders after payment of the EQC termination fee, which was increased by $10M by the Monmouth Board on August 16, 2021. Starwood's proposal offers Monmouth shareholders a premium to EQC's revised offer with 100% cash-certain value, and does not subject Monmouth shareholders to the uncertain and unsubstantiated future value creation from the EQC transaction, which is already worth less to shareholders given the decline in EQC shares since its revised proposal was announced. Ethan Bing, Managing Director of Starwood, said, "Our increased all-cash offer is superior to EQC's revised proposal given the higher certain value that is not exposed to market risk or dependent upon unproven execution. The EQC offer requires Monmouth shareholders to forego the certainty of our higher cash offer in exchange for speculative value creation from a merged entity with no synergies and no obvious competitive advantages in the highly competitive industrial sector where EQC has not actively participated." Bing added, "The Monmouth Board, whose initial process was led by a strategic alternatives committee that ISS rightly criticized as 'not fully independent,' appears committed to the interests of Monmouth insiders rather than its fiduciary duty to maximize value for all Monmouth shareholders. The Monmouth Board's decision to increase the termination fee for EQC, without having engaged in a single conversation with a committed all-cash bidder already at a significant premium to EQC, is yet another disappointing breach of faith to its shareholders - a clear effort to protect EQC from competing bidders willing to offer superior and more certain value to Monmouth shareholders. In contrast, Starwood has not raised its termination fee in connection with its revised offer."
HOOD

Hot Stocks

16:53 EDT Robinhood falls over 5% to $47.25 per share after wider than expected Q2 loss
DLO

Hot Stocks

16:52 EDT dLocal jumps over 20% to $59.40 per share after Q2 earnings beat
FB

Hot Stocks

16:45 EDT Facebook releases inaugural report of 'most widely viewed' News Feed content - Director, Product Management at Facebook,Anna Stepanov said in a blog post: "Today, we're releasing the first in a series of reports that will give an overview of the most widely viewed content in News Feed, starting with domains, links, Pages and posts in the US. The Widely Viewed Content Report will be updated quarterly in the Transparency Center and will be released in conjunction with each quarterly Community Standards. Our inaugural report contains some noteworthy takeaways," including: Content that's seen by the most people isn't necessarily the content that also gets the most engagement; The majority, 57%, of posts that people see is from their family and friends, in line with changes we made in the past so that content from friends and family makes up a larger portion of News Feed....Fewer than 13% of content views were on posts with links, and the top-viewed news domains account for only 0.31% of all content views in News Feed...Our insights tool, CrowdTangle, was built to help people get an idea of content from Pages that gets the most likes, comments and reshares. We want this data to be broadly available to people, which is why we're publishing it directly in our Transparency Center. We see this as a complement to insights that can be found through CrowdTangle, which is primarily a tool used by publishers," said Facebook's Stepanov, in part. Reference Link
ILMN

Hot Stocks

16:43 EDT Illumina acquires Grail for cash, stock and contingent value rights - Illumina announced that it has acquired Grail, a healthcare company focused on life-saving early detection of multiple cancers, but will hold Grail as a separate company during the European Commission's ongoing regulatory review. Regulators in the EU are reviewing the transaction, but a decision is projected after the deal expires. GRAIL has no business in the EU, and the company believes that the European Commission does not have jurisdiction to review the merger as the EU merger thresholds are not met, nor are they met in any EU member state. The General Court of the European Union will hear Illumina's jurisdictional challenge later this year. By holding GRAIL separate while proceedings are ongoing, Illumina is positioned to abide by whatever final decision is reached in these legal processes. There is no legal impediment to acquiring GRAIL in the US. Illumina is committed to working through the ongoing FTC administrative process, and as always, will abide by whatever outcome is ultimately reached in the US courts. As previously disclosed, the merger consideration for Illumina's acquisition of GRAIL included cash and shares of Illumina common stock, as well as contingent value rights or additional shares of Illumina common stock. GRAIL stockholders, including Illumina, are entitled to cash consideration of approximately $3.5 billion or, excluding Illumina, approximately $3.1 billion. We are also spending approximately $0.4 billion in cash to cover the tax withholding requirements from net settling shares of Illumina common stock issuable to GRAIL employees. The base stock consideration was subject to a collar, where the number of shares issued at closing varied in the event the 20-trading-day volume weighted average price of Illumina stock as of 10 trading days prior to closing is between $295 and $399 but was fixed at 11.3 million shares if such volume weighted average share price is above $399, which is where the stock has traded over the last couple months. In addition to the cash consideration and the base stock consideration, GRAIL stockholders were entitled, at their election, to receive CVRs or additional shares of Illumina common stock. The CVRs entitle holders to receive future payments representing a pro rata portion of certain GRAIL-related revenues each year for a 12-year period starting at close. This will reflect a 2.5% payment right to the first $1 billion of revenue each year for 12 years. Revenue above $1 billion each year will be subject to a 9% contingent payment right during this same period. Holders of approximately 47% of GRAIL equity interests and/or awards (on a fully diluted basis), or 54% excluding Illumina, elected to receive the CVR consideration. The alternative additional stock consideration (that GRAIL stockholders could elect to receive in lieu of CVRs) consisted of up to $850 million of shares of Illumina common stock, with the number of shares issued capped at a specified amount if the 20-trading-day volume weighted average price of Illumina stock as of 10 trading days prior to closing is less than $280, which did not occur. In total, we will be issuing approximately 9.8 million shares of Illumina common stock as part of this acquisition. The number of shares issued reflects approximately 11.3 million shares of base stock consideration and approximately 0.7 million shares of additional stock consideration (in lieu of CVRs), reduced by approximately 1.4 million shares to which Illumina is entitled in respect of its GRAIL stock and approximately 0.8 million shares in respect of GRAIL employee net share settlement.
NGAC XOS

Hot Stocks

16:42 EDT NextGen Acquisition shareholders approve Xos deal - NextGen Acquisition Corp. (NGAC) announced that its stockholders approved all proposals related to the previously announced business combination with Xos (XOS), a manufacturer of fully electric Class 5 to Class 8 commercial vehicles at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission. The closing of the Business Combination is anticipated to occur on or about August 19, 2021, with trading of the combined company expected on August 20th following the effectiveness of the merger. Following closing, the combined company will be known as "Xos, Inc." and is expected to trade on the Nasdaq Stock Market under the new ticker symbol "XOS."
WH

Hot Stocks

16:33 EDT Wyndham Hotels & Resorts boosts quarterly dividend to 24c per share - Wyndham Hotels & Resorts announced its Board of Directors declared a quarterly cash dividend of 24c per share on its common stock, payable September 29 to shareholders of record as of September 15. The cash dividend represents a 50% increase from the16c per share quarterly dividend paid during the first and second quarters of.
SP

Hot Stocks

16:33 EDT SP Plus selected by MWAA to assume parking, shuttle operations at DCA and IAD - SP Plus announced its selection by the Metropolitan Washington Airports Authority, or MWAA, to assume parking and shuttle operations at Ronald Reagan Washington National Airport, or DCA, and Washington Dulles International Airport, or IAD. SP+ is scheduled to take over parking and shuttle transportation services at DCA and IAD on October 1, which includes more than 32,000 parking spaces between the two airports and 55 shuttle buses to transport passengers and employees. SP+ is also charged with managing valet parking operations at IAD once those services resume after a temporary pause due to the COVID-19 pandemic.
GRA

Hot Stocks

16:33 EDT W.R. Grace licenses Unipol PP Process Technology to Gail India - W. R. Grace has licensed its Unipol PP Process Technology to Gail India. The Unipol PP process technology will be used for a 60 KTA polypropylene plant located at their existing petrochemical complex in Pata, India. Grace's all gas-phase Unipol PP Process provides a range of PP homopolymers, random copolymers, and impact copolymers.
FHI

Hot Stocks

16:31 EDT Federated Hermes to acquire remaining interest 29.5% in HFML - Federated Hermes agreed to the acquisition of the remaining 29.5% interest in Hermes Fund Managers Limited held by BT Pension Scheme. Federated Hermes acquired a 60% majority interest in HFML from BTPS in 2018. The transaction provided a call option for Federated Hermes to purchase the rest of HFML and gave BTPS a put option to sell its residual shareholding in HFML, in both cases between three-to-six years after the original agreement. Both parties have now agreed to close a transaction for BTPS's remaining 29.5% interest in HFML on 31 August, 2021. BTPS and Federated Hermes have agreed to an independent fair valuation of HFML of GBP394.9M. Consequently, Federated Hermes will pay GBP116.5M to BTPS for its remaining shares in HFML. Federated Hermes will fund the transaction through a combination of cash and borrowings from its existing credit line. An employee benefit trust continues to hold approximately 10% of HFML for the benefit of certain members of HFML's management and key employees.
WGO

Hot Stocks

16:31 EDT Winnebago raises quarterly dividend by 50% to 18c per share - The dividend is payable on September 29, 2021, to common stockholders of record at the close of business on September 15, 2021.
SPTN

Hot Stocks

16:24 EDT SpartanNash up nearly 3% at $21.20 per share after Q2 earnings beat
LQDA

Hot Stocks

16:22 EDT Liquidia Technologies' Morrisville, NC facility receives FDA approval - Liquidia announced today that the FDA has completed an on-site Pre-Approval Inspection, or PAI, of its Morrisville, North Carolina facility in connection with the on-going review of the New Drug Application for LIQ861 inhalation powder. This was Liquidia's first inspection of the Morrisville site by the FDA. On June 2, the FDA accepted for review the NDA resubmission for LIQ861 inhalation powder and set a goal date of November 7. The resubmitted NDA included additional information and clarification on chemistry, manufacturing, and controls pertaining to the drug product as well as data on device biocompatibility. No additional data was required. The FDA has notified Liquidia that a PAI will also be required for the third-party provider of encapsulation and packaging services for LIQ861. At this time, the company has not been notified of when this additional PAI may be completed.
TRN

Hot Stocks

16:20 EDT Trinity Industries, Wafra launch JV targeting $1B in leased railcar investments - Trinity Industries and Wafra announced a new railcar investment vehicle program between Trinity and certain funds managed by Wafra. The RIV program will invest in diversified portfolios of leased railcars originated by Trinity Industries Leasing Company targeting up to $1B in total acquisitions over an expected three-year investment period. The RIV program is structured as a new joint venture, Signal Rail Holdings LLC, between Wafra Funds and Trinity, with Wafra Funds owning 90% and TILC owning 10% of Signal Rail. TILC will continue to service all railcars owned by Signal Rail. In connection with the launch of the RIV program, Signal Rail has acquired an initial portfolio of approximately 3,600 railcars, representing a diverse pool of on-lease railcars from TILC's leased railcar fleet. Signal Rail financed the acquisition of the Initial Portfolio through SRL 2021-1, an asset-backed securitization comprising $265M in two classes of notes rated by S&P and KBRA. The acquisition of the Initial Portfolio by Signal Rail, and the closing of SRL 2021-1, were both completed today, August 18, 2021.
AJAX

Hot Stocks

16:18 EDT Ajax I shareholders approved proposed Cazoo deal - AJAX I announced that, at the annual general meeting of AJAX shareholders, AJAX's shareholders voted to adopt the Business Combination Agreement for AJAX's proposed business combination with Cazoo Holdings Limited and approved all other shareholder proposals in connection with the Business Combination. Holders of approximately 61.99% of AJAX's issued and outstanding shares cast votes at its Annual General Meeting. Approximately 95.57% of the votes cast at the Annual General Meeting voted to approve the Business Combination.
CCI

Hot Stocks

16:17 EDT Crown Castle names Catherine Piche as COO for Towers - Crown Castle announced that Catherine Piche has been appointed to succeed Robert C. Ackerman as Executive Vice President and Chief Operating Officer-Towers, effective September 1, 2021. Mr. Ackerman plans to retire following a 50-year career that included 23 years in various senior leadership roles at Crown Castle, and he has agreed to remain with Crown Castle in an advisory capacity until February 2022 to assist with various matters, including the transition of his successor.
HRZN

Hot Stocks

16:16 EDT Horizon Technology leads $15M growth capital to Nogin - Horizon Technology Finance Corporation announced it led a $15M venture loan facility to Branded Online, doing business as Nogin, of which Horizon funded $5M of the initial $10M draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $5M. "Nogin's enterprise-class, commerce as a service platform represents a diverse range of global consumer brands. Its proven technology sheds significant operating expenses, enabling leadership to focus on the outcomes that matter most: products and profit. Nogin provides the experience, tools, and technology that help brands drive revenue and reduce costs, while staying ahead of the ever-changing retail landscape," said Gerald A. Michaud, President of Horizon. "We are excited to support Nogin's growth as it continues to add high-profile consumer brands powered by its intelligent eCommerce platform."
VSCO

Hot Stocks

16:16 EDT Victoria's Secret reports Q2 SSS up 5% - Total comparable sales for the second quarter of 2021 increased 5 percent compared to the second quarter of 2019. Comparable store sales for the second quarter of 2021 decreased 3 percent compared to the second quarter of 2019. Second quarter 2021 sales in the direct channel were $468.8 million, a 24 percent decrease compared to 2020 and a 26 percent increase compared to 2019.
CSU

Hot Stocks

16:15 EDT Capital Senior Living regains compliance with NYSE listing - Capital Senior Living announced that on August 17, 2021, it received written notification from the New York Stock Exchange that it has regained compliance with the NYSE continued listing standards.
UEPS

Hot Stocks

16:14 EDT Net 1 UEPS appoints Kuben Pillay as chairman of the board - Net 1 UEPS Technologies announced that it has appointed Mr. Kuben Pillay as Chairman of the Board of Directors as of August 18. Mr. Pillay has been a non-executive director since June 2020 and fills this role as a result of the untimely death of Mr. Jabu Mabuza who passed away as a result of Covid-19 complications earlier this year. "I am truly humbled by this appointment and will continue on the strong path of renewal started by my predecessor, Jabu Mabuza, of ethical and values driven leadership, and a passion and commitment to better financial services for the underserved. I will seek to bring diverse localised management and board experience in governance, regulatory, digital, transaction processing and transformation," said Mr. Pillay. The Company also appointed Ms. Nonkululeko N. Gobodo as an independent non-employee director to its Board as of August 18, 2021. Ms. Gobodo will chair Net1's Social and Ethics Committee and will be a member of its Audit Committee.
PRTK

Hot Stocks

16:13 EDT Paratek Pharmaceuticals receives orphan drug designation for Nuzyra from FDA - Paratek Pharmaceuticals announced that the FDA has granted the company orphan drug designation for Nuzyra for the treatment of infections caused by Nontuberculous Mycobacteria, or NTM. This orphan drug designation includes NTM pulmonary disease caused by Mycobacterium abscessus complex, or MABc, which is the focus of an ongoing Phase 2b study initiated by Paratek.
WDAY

Hot Stocks

16:11 EDT Workday announces entry into U.S. federal market - Workday announced it has achieved ready status for the Federal Risk and Authorization Management Program, or FedRAMP, at a moderate impact level. With this achievement, Workday said it materially advances its position to help federal agencies accelerate IT transformation and gain real-time insights to address critical challenges across workforce development, compliance, financial sustainability, and more.
CSCO

Hot Stocks

16:11 EDT Cisco sees Q1 adjusted gross margin 63.5%-64.5% - Sees Q1 adjusted operating margin 31.5%-32.5%.
CSCO

Hot Stocks

16:10 EDT Cisco reports Q4 total adjusted gross margin 65.6% - On a non-GAAP basis, total gross margin, product gross margin, and service gross margin were 65.6%, 65.0%, and 67.4%, respectively, as compared with 65.0%, 63.2%, and 69.8%, respectively, in the fourth quarter of fiscal 2020. Total gross margins by geographic segment were: 66.2% for the Americas, 65.0% for EMEA and 64.4% for APJC.
HOOD

Hot Stocks

16:09 EDT Robinhood expects seasonal headwinds, lower trading activity in Q3 - The company said, "Our business is affected by many factors, including seasonality, general market conditions and retail trading behavior as well as significant, unanticipated market events. Many of these factors worked in our favor during the three months ended June 30, 2021, resulting in a very strong quarter with record revenues. For the three months ended September 30, 2021, we expect seasonal headwinds and lower trading activity across the industry to result in lower revenues and considerably fewer new funded accounts than in the prior quarter. For operating expenses, we will continue to invest in key areas to enhance platform capabilities, drive product innovation and improve customer support, as well as building upon our regulatory and compliance functions. We will also record a one-time cumulative charge of $1.0 billion in stock-based compensation for restricted stock units related to our IPO in the third quarter. Total remaining unamortized stock-based compensation of $2.2 billion as of the IPO date will be recognized over a weighted average remaining service period of 2.6 years."
CSCO

Hot Stocks

16:08 EDT Cisco CEO says 'we continue to see great momentum in our business' - "We continue to see great momentum in our business as customers are looking to modernize their organizations for agility and resiliency," said Chuck Robbins, Chair and CEO of Cisco. "The demand for Cisco technology is strong with our Q4 performance marking the highest product order growth in over a decade. With the power of our portfolio, we are well positioned to help our customers accelerate their digital transformation and thrive in a hybrid world." "We executed exceptionally well delivering strong results across revenue, non-GAAP net income, non-GAAP EPS and record operating cash flow," said Scott Herren, CFO of Cisco. "Our performance reflects the impact of our investments in high growth opportunities resulting in our strong product order growth. As we continue to drive our business model transformation to more recurring revenue, we now have built up over $30 billion in remaining performance obligations."
NCR

Hot Stocks

16:08 EDT NCR Corp. promotes Owen Sullivan to President - NCR Corp announced the promotion of Owen Sullivan to President of NCR Corporation, adding to his existing role as COO. As President and COO, Sullivan is responsible for the successful execution of NCR's growth strategy, customer satisfaction and service delivery, and its transformation to a software and services-led enterprise.
RMBL

Hot Stocks

16:08 EDT RumbleON names Matthew McCartin chief marketing officer - RumbleOn announced a strategic hire to its executive leadership team, Matthew McCartin as Chief Marketing Officer. McCartin will report to RumbleOn's CEO Marshall Chesrown, effective September 7, 2021. "As we prepare for closing our business combination with RideNow we are thrilled to welcome Matthew to our leadership team," commented Marshall Chesrown, RumbleOn's Chairman and Chief Executive Officer. "Matthew brings robust marketing expertise to RumbleOn. He has held a number of key leadership roles throughout his impressive career, including roles with iconic and lifestyle brands, multinational companies and leaders in omnichannel distribution strategies. His experience in building brand awareness through multiple subcultures of consumers around the world will be key for RumbleOn as we become dominant in the powersports market worldwide. We are confident Matthew will make an immediate impact on our business as we enter this exciting phase of growth by creating the first omnichannel in powersports."
NFLX

Hot Stocks

15:21 EDT SEC announces insider trading charges against three former Netflix engineers - The Securities and Exchange Commission announced insider trading charges against three former Netflix software engineers and two close associates who generated over $3M in total profits by trading on confidential information about Netflix's subscriber growth.Reference Link
CBOE CME

Hot Stocks

14:34 EDT CME Group denies rumors of bid for Cboe Global Markets - In response to press reports, CME Group (CME) issued the following statement: "CME Group denies all rumors that is in conversations to acquire Cboe Global Markets. The company has not had any discussions with Cboe whatsoever. While the company does not typically comment on rumor or speculation, today's inaccurate information required correction."
CBOE CME

Hot Stocks

14:33 EDT CME Group denies rumors of bid for Cboe Global Markets
SGOC

Hot Stocks

14:14 EDT Wolfpack Research short SGOCO, sees no 'reasonable fundamental long thesis' - In a recently publish report titled "SGOC: Multiple Arrests, Financial Fraud And Money Laundering," Wolfpack Research says it is short SGOCO Group. "In December 2020, three of SGOC's key people and largest shareholders were arrested by the Hong Kong Police and were named as the "masterminds" in a HK$475 million (approximately US$61 million) international fund fraud scheme involving SGOC. They have been charged by the HK Police with conspiracy to defraud and money laundering, along with 21 other suspects, " the report highlights, adding that, "Based on the statements made by the HK Police, as well as SGOC's own statements in its SEC filings, these guys appear to have been defrauding both the investors in the HKIF Fund and the shareholders of SGOC at the same time." Additionally, Wolfpack Research notes that, "although we spent numerous hours analyzing and reviewing SGOC's financials, its revenues are negligible and the corresponding expenses simply do not add up to us. One of the most challenging parts of writing this report was trying to figure out what the bull case is for this company. We have been unable to find a reasonable fundamental long thesis for this stock." Reference Link
CBOE

Hot Stocks

13:40 EDT CBOE Holdings trading resumes
CBOE CME

Hot Stocks

13:37 EDT Cboe Global Markets up 6% after FT says CME Group made takeover offer - Shares of Cboe Global Markets (CBOE) are up $7.76, or 6%, to $131.87 after Financial Times said that rival CME Group (CME) made an approach with an all-share bid that would value the former at about $150 per share.
LLY

Hot Stocks

13:34 EDT Eli Lilly announces FDA approval of Jardiance for adults with heart failure - Jardiance has been approved by the Food and Drug Administration to reduce the risk of cardiovascular death plus hospitalization for heart failure in adults with heart failure with reduced ejection fraction, Boehringer Ingelheim and Eli Lilly announced. "Today's approval is significant for the millions of people diagnosed with this form of heart failure, offering additional hope for those who have seen limited new treatment options over the last decade," said Jeff Emmick, vice president, Product Development, Lilly.
CBOE

Hot Stocks

13:30 EDT CBOE Holdings trading halted, volatility trading pause
CNI...

Hot Stocks

13:13 EDT North American rail traffic rose 0.6% in week ended August 14 - The Association of American Railroads or AAR reported U.S. rail traffic for the week ending August 14. For this week, total U.S. weekly rail traffic was 504,810 carloads and intermodal units, up 0.9% compared with the same week last year. Total carloads for the week ending August 14 were 235,011 carloads, up 5.7% compared with the same week in 2020, while U.S. weekly intermodal volume was 269,799 containers and trailers, down 3% compared to 2020. For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated because of the widespread shutdowns - and subsequent large reduction in rail volumes - that impacted many economic sectors last year at this time. North American rail volume for the week ending August 14, on 12 reporting U.S., Canadian and Mexican railroads totaled 327,070 carloads, up 2.9% compared with the same week last year, and 360,049 intermodal units, down 1.5 percent compared with last year. Total combined weekly rail traffic in North America was 687,119 carloads and intermodal units, up 0.6%. North American rail volume for the first 32 weeks of 2021 was 22,249,304 carloads and intermodal units, up 10.3% compared with 2020. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP) Trinity Industries (TRN), Greenbrier, GBX) and FreightCar America (RAIL). https://www.aar.org/news/rail-traffic-for-the-week-ending-august-14-2021/
MAPS

Hot Stocks

13:04 EDT Weedmaps teases 'changing the game' news for August 19 - Weedmaps said via Twitter: "It's time to change the game. Stay tuned. 8.19.21." Reference Link
FMEGF

Hot Stocks

13:04 EDT Farmers Edge announces 200,000 share purchase by Fairfax Financial Holdings - Farmers Edge announced that an affiliate of Fairfax Financial Holdings Limited entered into an agreement to acquire an additional 200,000 common shares in the capital of Farmers Edge on August 16. Fairfax, through several of its subsidiaries, is the majority shareholder of Farmers Edge. "Fairfax feels the current market price of the Farmers Edge shares does not reflect the intrinsic value of the company and believes in its long-term strategy as a disruptor in the AgTech space," says Prem Watsa, Chairman and CEO of Fairfax Financial Holdings Limited.
GOOG GOOGL

Hot Stocks

12:56 EDT Waymo to build dedicated trucking hub in Dallas-Fort Worth area - Alphabet's Waymo said in a blog post that it is scaling up its operations perations across Texas, Arizona, and California, including the building of a dedicated trucking hub in the Dallas-Fort Worth area. "Located in South Dallas, this 9-acre hub will be built from the ground up uniquely for Waymo Via and our autonomous driving operations," the company said. "It will be our primary operations center in Texas designed for commercial use with our carrier partners and be able to accommodate hundreds of trucks and personnel as we scale our presence in the region and enable increasingly large and complex testing needs on our path to fully autonomous operations. This hub will not only bolster our operations in Texas but is also well-suited to support long haul routes across the Southwest and connect with our Phoenix operations center."
PKE

Hot Stocks

12:04 EDT Park Aerospace appoints Amy Kornahrens as general counsel - Park Aerospace announced the appointment of Amy Kornahrens as General Counsel of the Company. Kornahrens will report to Mark Esquivel, Park's President and COO. Kornahrens has been a Consultant to Koch Industries in Wichita, KS since 2019. From 2008 to 2017, she was Chief Counsel-Pipelines at Koch Industries.
R...

Hot Stocks

12:02 EDT Ryder, Waymo partner for autonomous truck maintenance - Ryder System (R) and Waymo Via, the trucking and local delivery unit of leading autonomous driving developer Waymo (GOOG, GOOGL), announce a partnership focused on providing best-in-class maintenance for Class 8 autonomous trucks, in order to maximize vehicle up-time and ensure the reliability required to scale operations nationwide. With a growing fleet and geographical footprint, Waymo Via needs a robust and scalable solution for truck maintenance. Ryder has a network of more than 500 maintenance facilities in the U.S. and nearly 90 years of fleet maintenance expertise. The two companies will partner on servicing and evolving maintenance practices for autonomously driven trucks across Waymo Via sites in Texas, Arizona, California, Michigan, and Ohio, as well as roadside service between hubs.
OCFT

Hot Stocks

12:00 EDT OneConnect falls -6.9% - OneConnect is down -6.9%, or -31c to $4.18.
NREF

Hot Stocks

12:00 EDT NexPoint Real Estate Finance falls -10.8% - NexPoint Real Estate Finance is down -10.8%, or -$2.49 to $20.66.
TUYA

Hot Stocks

12:00 EDT Tuya falls -17.1% - Tuya is down -17.1%, or -$2.57 to $12.43.
BODY

Hot Stocks

12:00 EDT Beachbody Company rises 11.0% - Beachbody Company is up 11.0%, or 86c to $8.72.
ALC

Hot Stocks

12:00 EDT Alcon rises 12.1% - Alcon is up 12.1%, or $8.62 to $79.97.
RAAS

Hot Stocks

12:00 EDT Cloopen rises 14.3% - Cloopen is up 14.3%, or 61c to $4.88.
NRXP

Hot Stocks

11:56 EDT NRx Pharmaceuticals reports 'positive' safety report for ZYESAMI in COVID-19 - NRx Pharmaceuticals provided a safety update on ZYESAMI, which is being tested in the ACTIV-3 Critical Care Phase 3 study sponsored by the National Institutes of Health. "The study's Data Safety Monitoring Board found no new safety concerns in the trial and recommended continued enrollment," the company announced. NRx added: "Study investigators are randomizing patients to receive one of four treatment regimens in addition to standard of care: both ZYESAMI and remdesivir, ZYESAMI and a placebo, remdesivir and placebo, or only placebo. ZYESAMI is administered as a daily 12 hour intravenous infusion over three days. Those randomized to receive remdesivir will receive it for up to 10 days via intravenous infusion. ZYESAMI is a proprietary, synthetic version of Vasoactive Intestinal Peptide or VIP, which is made naturally in the human body and appears to have lung-protective, anti-viral and anti-inflammatory effects. ACTIV-3 represents one of three ongoing studies of ZYESAMI in Severe or Critical COVID-19."
WMT

Hot Stocks

11:46 EDT Walmart appoints Matt Miner as global chief ethics, compliance officer - Walmart announced that Matt Miner has been appointed as executive vice president and global chief ethics and compliance officer. Miner will lead the company's global compliance program and report to Rachel Brand, Walmart's executive vice president of global governance, chief legal officer and corporate secretary. Miner comes to Walmart from the Washington office of Morgan, Lewis & Bockius LLP, where he served as Partner and Leader of the Washington White Collar Litigation and Government Enforcement Practice.
RHHBY GSK

Hot Stocks

11:37 EDT Roche announces FDA approval of VENTANA MMR RxDx Panel - Roche (RHHBY) announced U.S. Food and Drug Administration approval of the VENTANA MMR RxDx Panel, which it calls "the first companion diagnostic test to aid in identifying patients whose solid tumors are deficient in DNA mismatch repair, who may be eligible for JEMPERLI monotherapy, an anti-PD-1 immunotherapy from GSK." The test evaluates a panel of MMR proteins in tumors to provide important treatment information to clinicians, Roche said. Yesterday, GlaxoSmithKline (GSK) announced the U.S. Food and Drug Administration approved a new indication for Jemperli, a programmed cell death receptor-1 blocking antibody, for the treatment of adult patients with mismatch repair-deficient, or dMMR, recurrent or advanced solid tumors, as determined by an FDA-approved test, that have progressed on or following prior treatment and who have no satisfactory alternative treatment options.
TJX

Hot Stocks

11:32 EDT TJX sees freight, wage beginning to moderate moving through next year
CI

Hot Stocks

11:17 EDT Cigna requires COVID-19 vaccinations, testing for employees on U.S. worksites - With confirmed cases of COVID-19 on the rise in the United States, Cigna has established new requirements to help protect its workforce. Employees who work remotely must be fully vaccinated before entering any U.S. worksite, beginning September 7. Employees whose roles can only be performed onsite, such as medical care providers, pharmacists, pharmacy home delivery specialists, and others, must be fully vaccinated or receive two negative COVID-19 tests per week, beginning October 18, before entering their worksite. Although the company intends to reopen offices throughout the fall, employees who can work from home will continue to have the option to do so. To encourage employee vaccinations, Cigna announced earlier this year that those who become fully vaccinated against COVID-19 are eligible to receive a $200 incentive award. In addition, the company has held vaccination clinics throughout the country to make it simpler for employees, their families and communities to get vaccinated.
SHCR

Hot Stocks

11:13 EDT Sharecare announces enhancements to patient education, engagement tools - Sharecare earlier announced enhancements to its suite of solutions for pharmaceutical and life sciences brands to enable patient engagement and optimize outcomes. These new solutions from Sharecare, which will be available in Q4 2021, include: All Together Better" social aggregator - This tool complements condition-specific web content and resources with a dynamic, curated collection of social media content. Condition-specific chatbot - This menu-based chatbot allows users to explore their condition-specific questions in guided sessions on their mobile devices and the web. Condition-specific virtual assistant - With the help of an empathetic, avatar-driven virtual assistant, people can navigate questions, answers, and relevant resources with ease, whether learning about a diagnosis or navigating a treatment plan on their own behalf or that of a loved one. "These recent additions to our product suite were designed not only to align with emerging consumer trends and preferences in today's complex health landscape, but also to foster more productive connections between people and the healthcare brands they trust," said Laura Klein, executive vice president and general manager of consumer solutions at Sharecare. "With these enhancements, we look forward to new and evolved collaborations with our pharmaceutical and life sciences partners that allow us to make patients not only healthier, but also all together better."
TJX

Hot Stocks

11:11 EDT TJX now expects to repurchase $1.25B-$1.5B of TJX stock for FY
TJX

Hot Stocks

11:06 EDT TJX: Average ticket improved each month in Q2, up in July - Comments taken from Q2 earnings conference call.
BIDU

Hot Stocks

10:58 EDT Baidu announces mass production of second generation Kunlun AI chip - Baidu announced the launch of Baidu Brain 7.0, the start of mass production of its second generation Kunlun AI chip, Kunlun II, and the demonstration of industrial applications using Baidu AI Cloud at Baidu World 2021, Baidu's annual flagship technology conference. The announcements "represent the depth of Baidu's expertise in AI technology and industrial practice, and its efforts to make AI technology more accessible," the company stated.
EAT

Hot Stocks

10:48 EDT Brinker will likely have to raise prices 'a little more than historically' - Comments taken from Q4 earnings conference call.
ADI MXIM

Hot Stocks

10:45 EDT Analog Devices says working to close Maxim deal 'within initial time frame' - On Analog Devices' (ADI) Q3 earnings call held earlier, CFO Prashanth Mahendra-Rajah gave an update on the company's deal with Maxim Integrated (MXIM), stating according to a transcript: "Our discussion with the Chinese regulatory authorities have been productive, and we're working towards closing within the initial time frame. We plan on closing no later than the third business day after China approval has been granted. As we shared before, shortly after the close, we will hold a conference call to provide an update on our capital return plans. Once combined, we anticipate having nearly $4 billion of cash on our balance sheet, a leverage ratio well below one and more than $3 billion of annual free cash flow." In morning trading, Maxim Integrated shares are up 1% to $100.68.
PFE...

Hot Stocks

10:39 EDT U.S. recommends Covid vaccine boosters for all Americans starting next month - Public health and medical experts from the Department of Health and Human Services released a statement on the Biden Administration's plan for COVID-19 booster shots for the American people: "The available data make very clear that protection against SARS-CoV-2 infection begins to decrease over time following the initial doses of vaccination, and in association with the dominance of the Delta variant, we are starting to see evidence of reduced protection against mild and moderate disease. Based on our latest assessment, the current protection against severe disease, hospitalization, and death could diminish in the months ahead, especially among those who are at higher risk or were vaccinated during the earlier phases of the vaccination rollout. For that reason, we conclude that a booster shot will be needed to maximize vaccine-induced protection and prolong its durability. We have developed a plan to begin offering these booster shots this fall subject to FDA conducting an independent evaluation and determination of the safety and effectiveness of a third dose of the Pfizer (PFE) and Moderna (MRNA) mRNA vaccines and CDC's Advisory Committee on Immunization Practices issuing booster dose recommendations based on a thorough review of the evidence. We are prepared to offer booster shots for all Americans beginning the week of September 20 and starting 8 months after an individual's second dose...We also anticipate booster shots will likely be needed for people who received the Johnson & Johnson (JNJ) vaccine. Administration of the J&J vaccine did not begin in the U.S. until March 2021, and we expect more data on J&J in the next few weeks." Reference Link
FGF...

Hot Stocks

10:38 EDT FG Financial says 'could not be more pleased' with Aldel agreement with Hagerty - FG Financial Group (FGF), a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance while allocating capital to SPAC and SPAC sponsor-related businesses, announced that its SPAC Platform partner, Aldel Financial (ADF), has entered into a definitive business combination agreement with Hagerty, an automotive enthusiast brand offering a specialty automotive insurance platform built upon a membership organization for car lovers. Upon the closing of the transaction, Aldel will be renamed Hagerty, Inc., and become publicly traded, with its common stock expected to be listed on the New York Stock Exchange under the ticker "HGTY." FG Financial's investments in Aldel Financial represent beneficial interests in approximately 533,000 Aldel shares and approximately 321,000 warrants to purchase Aldel common stock at a price of $15.00 per share. FG Financial Group's CEO Larry Swets, Jr. commented, "We could not be more pleased with this merger announcement for Aldel, our second SPAC and the first partner SPAC on the SPAC Platform. Hagerty is a differentiated, fast-growing business in an attractive market and we look forward to being shareholders and sharing in the company's success."
TECK

Hot Stocks

10:15 EDT Teck Resources announces operations resume at Highland Valley Copper - Teck Resources Limited announced that the wildfire evacuation order for Highland Valley Copper Operations issued by the District of Logan Lake previously announced on August 15 has been lifted. HVC has resumed operations and is now in the process of ramping back up to full production. Teck said in a statement that it is focused on protecting the health and safety of employees and contractors and we are continuing to closely monitor wildfire and regional air quality conditions. Teck's copper production guidance will be updated as necessary after the risk of further effect on operations from wildfires subsides, the company added.
OMI

Hot Stocks

10:14 EDT FDA tells healthcare providers to stop use of Eco-Med ultrasound gels, lotions - In a letter to healthcare providers dated August 18, the FDA announced that it is informing health care providers, health care facility risk managers, and procurement staff to immediately stop using and discard all ultrasound gels and lotions manufactured by Eco-Med Pharmaceutical, Inc., due to risk of bacterial contamination with Burkholderia cepacia complex, or "Bcc." Products manufactured by Eco-Med are distributed by a number of distributors under various product names, including MediChoice Ultrasound Gel distributed by both Owens & Minor and Mac Medical Supply Co., the FDA stated in its notice. Reference Link
TS

Hot Stocks

10:11 EDT Tenaris says CEO Rocca acquitted by judge in Notebooks Case - Tenaris on Tuesday said it was informed that the first-instance judge in charge of the Notebooks Case acquitted Tenaris's Chairman and CEO Paolo Rocca of all charges brought against him in the case. The company said: "In its decision, the first-instance judge stated that Mr. Rocca's involvement in the Notebooks Case's judicial proceedings does not affect his good name and honor in any way. The first-instance judge's decision concerning Mr. Rocca was not appealed by either the prosecutor or the government unit prosecuting economic crimes."
TS TEN

Hot Stocks

10:10 EDT Correct: Tenaris says CEO Rocca acquitted by judge in Notebooks Case - Tenaris on Tuesday said it was informed that the first-instance judge in charge of the Notebooks Case acquitted Tenaris's Chairman and CEO Paolo Rocca of all charges brought against him in the case. The company said: "In its decision, the first-instance judge stated that Mr. Rocca's involvement in the Notebooks Case's judicial proceedings does not affect his good name and honor in any way. The first-instance judge's decision concerning Mr. Rocca was not appealed by either the prosecutor or the government unit prosecuting economic crimes."
BAESY

Hot Stocks

10:01 EDT BAE Systems awarded $140M IDIQ contract from U.S. Navy - The U.S. Navy awarded BAE Systems a $140M indefinite-delivery/indefinite-quantity contract for communications engineering support and integration services. From concept through deployment, the company will customize command, control, communications, computer, and intelligence systems to ensure America's warfighters have reliable and secure communications across all domains. The contract - which BAE Systems has won for the past 40 years - includes one base ordering year with four option years.
VIPS

Hot Stocks

10:00 EDT Vipshop falls -6.7% - Vipshop is down -6.7%, or -98c to $13.68.
NREF

Hot Stocks

10:00 EDT NexPoint Real Estate Finance falls -10.3% - NexPoint Real Estate Finance is down -10.3%, or -$2.37 to $20.78.
TUYA

Hot Stocks

10:00 EDT Tuya falls -12.8% - Tuya is down -12.8%, or -$1.92 to $13.08.
CGA

Hot Stocks

10:00 EDT China Green rises 7.4% - China Green is up 7.4%, or 58c to $8.38.
ZIM

Hot Stocks

10:00 EDT ZIM Integrated rises 7.6% - ZIM Integrated is up 7.6%, or $3.48 to $48.99.
ALC

Hot Stocks

10:00 EDT Alcon rises 11.4% - Alcon is up 11.4%, or $8.11 to $79.47.
TGEN

Hot Stocks

09:52 EDT Tecogen announces sale of 200 ton Tecochill chiller to assisted living facility - Tecogen announced the sale of a 200-ton Tecochill chiller to an assisted living facility in southwestern Connecticut. The system will provide seasonal cooling to the facility with the free waste heat utilized for domestic hot water use. The system also reduces the amount of backup standby generation needed to maintain habitable conditions for residents in the event of a grid outage. Tecogen will provide maintenance services for the system from its service center in Connecticut under a maintenance agreement.
VIPS

Hot Stocks

09:47 EDT Vipshop falls -7.6% - Vipshop is down -7.6%, or -$1.12 to $13.54.
NREF

Hot Stocks

09:47 EDT NexPoint Real Estate Finance falls -9.3% - NexPoint Real Estate Finance is down -9.3%, or -$2.15 to $21.00.
TUYA

Hot Stocks

09:47 EDT Tuya falls -10.2% - Tuya is down -10.2%, or -$1.53 to $13.47.
INST

Hot Stocks

09:47 EDT Instructure rises 8.3% - Instructure is up 8.3%, or $1.71 to $22.41.
WDH

Hot Stocks

09:47 EDT Waterdrop rises 11.0% - Waterdrop is up 11.0%, or 43c to $4.33.
ALC

Hot Stocks

09:47 EDT Alcon rises 12.2% - Alcon is up 12.2%, or $8.68 to $80.04.
LOW

Hot Stocks

09:35 EDT Lowe's sees home improvement market will moderate in second half - August U.S. comp sales to-date similar to July sales.
HCDI

Hot Stocks

09:31 EDT Harbor Custom Development to purchase 177 unit condominium site for $4.425M - Harbor Custom Development announced it has purchased an 8.44 acre property entitled for the construction of 177 condominium units in Lacey, Washington for $4,425,000. Located less than ten minutes to the Washington State Capitol of Olympia and Joint Base Lewis-McChord, the 177 condominiums will cater to first-time home buyers searching for affordable options in a very tight Thurston County market. Joint Base Lewis-McChord supports more than 40,000 service members, including active duty, National Guard, and reserve members and approximately 14,000 full-time civilian employees. Harbor anticipates the one- and two-bedroom units will be priced starting at under $300,000 and fill a significant need in the local marketplace. The median selling price of a home in Thurston County according to Redfin as of June 2021 was $476,341, which was up 28.7% year over year with an average time on the market of five days.
LOW

Hot Stocks

09:31 EDT Lowe's sees gross margin rate up slightly vs. last year
LOW

Hot Stocks

09:29 EDT Lowe's: May comp sales up 32.5% on 2-year basis, June up 32%, July up 31.5%
WYY

Hot Stocks

09:25 EDT WidePoint awarded new contract to deliver Identity Management credentials - WidePoint announced a new contract with a U.S. research university to deliver Identity Management credentials. Under this contract, WidePoint Cybersecurity will deliver ECA Personal Identity Verification credentials, professional services, and hardware to perform the credential issuances on site. WidePoint will issue three-year ECA PIV-I credentials to university staff providing identity, encryption, and logical access to approved U.S. Department of Defense information systems.
EH

Hot Stocks

09:21 EDT EHang cancels Investor Day, releases video of Yunfu production facility - EHang Holdings announces the cancellation of the EHang Yunfu Investor Day due to the latest tightening COVID-19-related travel and group gathering restrictions by the local governmental authorities following the recent Delta variant outbreak in China. The event was originally scheduled to take place in person at the Company's new Yunfu production facility today. As an alternative, the Company has posted a video of the Yunfu production facility in operation for investors' reference. The EHang Yunfu production facility is approximately 24,000 square meters in gross floor area to house the major AAV production processes from manufacturing of key components and carbon fiber composite airframes to AAV assembling and flight testing in designated function areas.
LOW

Hot Stocks

09:21 EDT Lowe's: Staffing levels still strong despite labor shortage
BLNK

Hot Stocks

09:20 EDT Blink Charging announces deployment of five fast IQ 200 chargers - Blink Charging announced the deployment of five fast IQ 200 Level 2 AC EV charging stations at the Holiday Manufacturing Inc. facility in Framingham, Massachusetts.
HWM

Hot Stocks

09:18 EDT Howmet Aerospace announces up to $1.5B share repurchase authorization - The company announced that its board of directors has authorized an additional share repurchase program of up to $1.5B of its outstanding common stock. The company currently has approximately 429M shares of common stock outstanding.
JVA

Hot Stocks

09:18 EDT The Jordre Well commences shipment of CBD-infused coffee pod pre-orders - The Jordre Well, a company that is 49% owned by Coffee Holding, has commenced shipment of pre-orders and sales of The Jordre Well's Cafe Caribe CBD Infused Colombian Coffee Single Serve Pods and Harmony Bay CBD Infused Donut Shop Blend Coffee Single Serve Pods.The Cafe Caribe CBD Coffee Pods and the Harmony Bay CBD Coffee Pods each contain 12 coffee pods per box - each single serving cup containing 25 mg of hemp-derived CBD isolate per serving, and are compatible for use with most K-Cups Brewers. A total package contains 300 mg of hemp-derived CBD isolate from hemp grown in the USA.
SINT

Hot Stocks

09:18 EDT Sintx Technologies provides update on antipathogenic business segment - SINTX Technologies announced the hiring of a new business leader, and provided a business update focused on its antipathogenic segment. Key points in this update include the following: Hire of new leader for the antipathogenic business segment; Progress in materials, manufacturing, testing, and intellectual property; Status of antiviral testing of silicon nitride; and Update on outside collaborations for antipathogenic products. Given the Company's continued advancements in science, manufacturing technologies, and applications for antipathogenic silicon nitride, SINTX has appointed Joseph Palomo as Vice President of Business Development, to identify and develop commercial opportunities in the antipathogenic market. Palomo joins SINTX with over 40 years of experience in protective apparel and PPE, such as surgical gowns, surgical drapes, isolation gowns, films, tubing, and surgical face masks. Since the onset of COVID-19, SINTX has expanded from manufacturing discrete ceramic components to making antipathogenic powders and related composites as well. SINTX is proactively seeking U.S. EPA registration of its silicon nitride to target additional applications and industries. During recent months, research at the University of Rochester and at Virginia Polytechnic Institute and State University has confirmed the earlier findings from Piezotech, George Mason University, and IMQuest Biosciences that showed the effectiveness of silicon nitride in neutralizing viruses. Tested viruses have included Influenza A, Feline Calicivirus, Enterovirus, and SARS-CoV-2. SINTX has maintained a focus on the key target markets for PPE, such as automotive air cabin filters, coatings, and surfaces, and continues to identify other new applications. Because of the early stage of discussions and non-disclosure agreements, SINTX cannot disclose specific partners in some cases. New opportunities in protective face masks and mask filters have come forward given the recent announcement to reassess the relationship with O2TODAY. In addition to its work in the antipathogenic space, SINTX has diversified its business through new opportunities in advanced industrial ceramics, biomedical implants, and ballistic armor ceramics. Entry into industrial ceramics and into the armor business was done with the goal of accelerating revenue generation, while negotiating the time-consuming steps required to commercialize biomedical and consumer protection products. Customer discussions with experts in all these fields are progressing well and look promising, and we remain committed, confident, and extremely excited about these new business opportunities.
LOW

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09:15 EDT Lowe's CEO notes more housing demand than supply currently - The company's CEO says that any near-term pressure on housing turnover is not related to an economic downturn as typical, and says home prices continuing to rise.
LOW

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09:12 EDT Lowe's CEO: Business environment remains 'uncertain'
LOW

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09:12 EDT Lowe's reaches market-based delivery model milestone in Florida, CEO says - Lowe's plans to roll out market-based delivery model across rest of U.S. over next 18+ months.
KERN

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09:11 EDT Akerna launching e-commerce software Akerna Connect for dispensaries - Akerna announced a new offering, Akerna Connect, an eCommerce software which provides a suite of digital marketing tools to retailers and dispensaries so locations can reach their consumers through online ordering, loyalty programs, and text messaging. The platform allows the dispensary to design custom campaigns with interactive content and personalized messaging. If a consumer is shopping at a dispensary that runs Akerna Connect, they can now order their cannabis products online via the retailer's website, which will display the dispensaries branding while running Akerna Connect on the backend.
BTTR

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09:11 EDT Better Choice Company increases term-loan credit facility capacity to $7.5M - Better Choice Company announced it has increased its term-loan credit facility capacity from $6M to $7.5M with its current lender, Wintrust, a leading commercial bank headquartered in Chicago, Illinois. The terms of the agreement remain unchanged, carrying an interest rate of Libor plus 250 basis points and scheduled to mature on January 6, 2024.
GROY

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09:09 EDT Gold Royalty business combination approved by Ely Gold shareholders - Gold Royalty, or GRC, and Ely Gold announced that Ely Gold shareholders approved a special resolution authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement. The Arrangement Resolution was approved by 99.52% of the votes cast by Ely Gold shareholders. The total votes cast for the Arrangement Resolution represented approximately 49.02% of Ely Gold's total issued and outstanding common shares. GRC will acquire all of the issued and outstanding Ely Gold Shares. Each Ely Gold Share is expected to be acquired by GRC in exchange for 0.2450 of a GRC Common Share, plus $0.0001 for Ely Shareholders who elected, or were deemed to have elected, the Share Alternative; and 0.099166 of a GRC Common Share, plus $0.869053 for Ely Shareholders who elected the Cash Alternative. The GRC Common Shares issued in connection with the Arrangement are expected to be listed on the NYSE American after closing. The Arrangement is currently expected to be completed on or about August 23, 2021. The Ely Gold Shares are expected to be delisted from the TSX Venture Exchange on the date of closing of the Arrangement. The Ely Gold Shares will also be removed from quotation on the OTCQX. On completion of the Arrangement, Trey Wasser will be joining the GRC board of directors.
TGT

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09:09 EDT Target says seeing cost pressures, but managing through them - Says using scale to offset increase in costs. Says will continue to invest in remodeling stores. Says seeing "tremendous resilience" among consumers.
ORBC

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09:08 EDT Orbcomm's heavy equimpment monitoring solution receives certification in China - ORBCOMM announced that its heavy equipment monitoring solution has received the required certifications to operate in China. ACloud, a leading provider of SIM connectivity services, IoT PaaS solutions and related professional services based in Shanghai, China, served as ORBCOMM's local agent to facilitate the extensive certification process. By ensuring its robust solution is compliant with Chinese regulations, ORBCOMM is now able to distribute its PT 7000 heavy equipment telematics device and FleetEdge software platform to customers in China looking to track and monitor their machines and other industrial equipment. The ruggedized PT 7000 is designed to track heavy equipment and construction assets in the most demanding environments, providing a comprehensive telematics solution, including 4G LTE cellular with 3G/2G fallback, CAN bus monitoring, multiple digital and analog inputs and outputs along with battery backup, enabling service for up to a month when disconnected from power. ORBCOMM's FleetEdge is a powerful cloud application used by some of the world's leading heavy equipment OEMs to have complete visibility and control of their fleets, maximize operational efficiency and plan preventive maintenance on accurate usage data such as engine hours and automatic service alerts for a wide variety of machinery.
RNWK

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09:08 EDT SAFR from RealNetworks signs agreement with NTT Docomo - SAFR from RealNetworks has signed a reseller agreement with NTT Docomo. Both companies have previously worked together to implement access control and security solutions for a large facility, a hospital, and a robot. With the power of NTT Docomo's 5G infrastructure and SAFR facial recognition, the companies plan to accelerate further enterprise security and access control deployments based on the new agreement. SAFR's design yields high speed results enabling more simultaneous face detections over low latency 5G networks. SAFR's small footprint also enables it to be installed on less costly edge compute platforms used for a variety of solutions including access control, watch-list based surveillance, business intelligence and demographic analysis.
EMKR

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09:07 EDT Emcore chief scientist Sergey Zotov to present on Quartz MEMS IMUs - EMCORE Corporation announced today that its Chief Scientist, Sergey Zotov, Ph.D. will present a talk on Compact, Short-Term Navigation Grade Quartz MEMS Inertial Measurement Units at the Joint Navigation Conference Thursday, August 26 at 10:50 a.m. Session C7, Ballroom D at the Northern Kentucky Convention Center. The presentation will discuss how EMCORE's technical breakthroughs in gyroscope and accelerometer inertial technology and advancements in key performance parameters have created new possibilities for Quartz MEMS IMUs for north-finding and short-term navigation grade applications, and how QMEMS outperforms silicon MEMS for autonomous device applications.
CMTL

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09:07 EDT Comtech awarded $4.7M contract with channel partner - Comtech Telecommunications announced , that during its fourth quarter of fiscal 2021, it was awarded a contract valued at up to $4.7M with a channel partner to supply new releases to messaging application software for a U.S. tier-one mobile network operator.
HCA

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09:05 EDT HCA Healthcare to sell PatientKeeper to General Catalysts' Commure - HCA Healthcare announced the sale of HCA Healthcare's PatientKeeper to General Catalyst's portfolio company Commure along with an investment in Commure and the formation of a new strategic collaboration to accelerate digital transformation. PatientKeeper is a leading provider of intuitive software and mobile applications that help physicians and care teams access and work with patient information. Commure is building a universal platform and common architecture for open collaboration and people-first care. The combination of Commure's platform and PatientKeeper's solutions is a significant move toward the ultimate goal of healthcare transformation: improving the overall quality of care, creating an exceptional user experience for clinicians, and promoting better outcomes for patients. HCA Healthcare will continue to deploy PatientKeeper technology at its more than 180 hospitals across the country. For more than a decade, physicians at HCA Healthcare-affiliated hospitals have been using PatientKeeper to access a single view of their patients' information across a variety of hospital systems, to streamline workflow, and to help improve patient care. As part of Commure, PatientKeeper will migrate to Commure's cloud infrastructure, making it easier to develop and deploy modern software to serve clinicians, without compromising patient privacy and data security excellence. HCA Healthcare will license the Commure platform and will work with Commure and General Catalyst to develop new solutions for care providers with the same provider focus that has made PatientKeeper successful.
CTEK

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09:05 EDT CynergisTek, FIU announce expanded relationship - CynergisTek announced an expanded relationship with Florida International University, or FIU, located in Miami, Florida. FIU has renewed its three-year managed services contract to build out its existing program adding validation, exercise and medical device security support.
LOW

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09:05 EDT Lowe's saw decline in DIY demand in Q2 vs. last year - Comments taken from Q2 earnings conference call.
LHX

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09:04 EDT U.S. Special Operations Command awards L3Harris Technologies $96M contract - The U.S. Special Operations Command has awarded L3Harris Technologies a 5-year, $96M IDIQ contract to procure WESCAM MX-electro-optical, infrared and laser designator sensor suites and services. L3Harris' WESCAM MX-10D and WESCAM MX-15D sensor systems will provide multi-spectral imaging and designation capabilities for various aircraft within the U.S. Army Special Operations Aviation Command inventory. "We're honored that the U.S. Army has selected our next-generation electro-optics and infrared sensors to support their sensor modernization strategy and we look forward to providing the warfighter this capability that's ideally suited to their rotary-wing operations," said Sean Stackley, President, Integrated Mission Systems, L3Harris. "This is an important step in our long-term investment strategy to improve sensor technologies in support of our Army Aviation customers' mission success." L3Harris WESCAM MX-Series products have successfully supported U.S. Army aviation programs for more than 20 years. This contract marks the second airborne sensor program win with the U.S. Army in three years. The first was a $454M, multi-year IDIQ contract that included WESCAM MX-10D EO/IR sensor suites to support the Army's Tactical Unmanned Air Systems Shadow UAV program.
OPOF

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09:04 EDT Old Point Financial increases quarterly dividend 8.3% to 13c per share - Old Point Financial declared a quarterly cash dividend of 13c per share on its common stock to be paid on September 24 to shareholders of record as of September 1. This dividend represents a 1c per share increase, or 8.3%, from the prior quarter's dividend and is also a 1c increase from the prior year's quarterly dividend level. Based on the stock's closing price of $21.90 on August 17, 2021, the dividend yield is approximately 2.3%.
SPOT WWE

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09:03 EDT The Ringer, WWE launch exclusive audio network and content partnership - The Ringer, a Spotify Studio (SPOT), and WWE (WWE) will launch an exclusive audio network as part of a multi-year audio content partnership, the companies announced. As part of the deal, The Ringer and WWE will also collaborate to develop new, original audio content exclusively for the Spotify platform and Ringer website. In addition, existing WWE audio programming, which offers a look at the world of WWE both in the ring and beyond, will become available exclusively on Spotify. The Ringer will be expanding its existing wrestling coverage. The current feed for The Masked Man Show hosted by David Shoemaker and Kaz, will rebrand to The Ringer Wrestling Show and will continue on that feed, alongside new programming from WWE personalities. Together, The Ringer and WWE will collaborate on new original podcast series, including a series from WWE personality Evan Mack, MackMania, and a narrative series produced by Bill Simmons. Utilizing Spotify Greenroom, hosts will be going live after every major WWE pay-per-view event with the final rooms becoming podcasts for The Ringer Wrestling Show.
CNDT

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09:02 EDT Conduent to provide claims administration solution to Eastpointe - Conduent announced a new health plan administration services agreement that will speed Eastpointe's transition into value-based care payment models. Under this agreement, Conduent will implement its HSP Core Claims Administration solution to help Eastpointe prepare for Day One operations under North Carolina's Medicaid transformation initiative. Conduent will deliver comprehensive auto-adjudication capabilities to enable Eastpointe to quickly, accurately, and automatically settle complex claims associated with value-based payment models. Among the reasons Eastpointe cited for selecting Conduent were the company's more than 50 years of experience delivering administrative services to government health organizations and proven success with artificial intelligence applications that effectively manage per-member medical spend and complicated healthcare claims. Eastpointe serves a 10-county area, in partnership with over 600 providers, connecting a diverse and rural population with much-needed wraparound health services. The MCO recently secured a contract from the North Carolina Department of Health and Human Services to coordinate care for beneficiaries under its new Medicaid transformation program set to begin in July 2022.
RICK

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09:02 EDT RCI Hospitality acquiring The Mansion Gentlemen's Club in Newburgh, NY - RCI Hospitality signed definitive agreements to acquire The Mansion Gentlemen's Club and Steakhouse of Newburgh, NY, and its real estate. The Mansion was completely renovated in 2018, has been in business for nine years, and is the only gentlemen's club with a liquor license in Orange County, NY. Consideration is $500K in cash and $1.0M in 4.00%, 7-year seller financing for the club and $2.0M for the real estate. Closing is currently anticipated to occur within approximately 90 days.
PYPL

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09:02 EDT PayPal announces no late fees for buy now, pay later products globally - PayPal announced it will no longer charge late fees for missed payments on buy now, pay later products globally. Starting October 1, new customer purchases with Pay in 4 in the United States, Pay in 3 in the United Kingdom, and Pay in 4X in France will no longer be subject to late fees - joining PayPal's buy now, pay later solutions in Germany and Australia which do not charge late fees for missed payments. Eliminating late fees builds on PayPal's commitment to deliver the most customer-centric, global installment solution portfolio that helps meet the needs of today's consumers and merchants.
SNGX

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08:58 EDT Soligenix reports 'positive' preclinical data with filovirus vaccine candidates - Soligenix announced "positive" data demonstrating the efficacy of multiple filovirus vaccine candidates in NHPs, including thermostabilized multivalent vaccines in a single vial platform presentation. Collaborators at the at the University of Hawaii describe the potent efficacy of vaccine candidates protecting against three life-threatening filoviruses, Zaire ebolavirus, Sudan ebolavirus and Marburg Marburgvirus in an article published in Frontiers in Immunology, the company reported. "These vaccine candidates contain highly purified protein antigens combined with the novel CoVaccine HT adjuvant. Most recently, efforts to formulate all three antigens and adjuvant into a thermostable single-vial vaccine platform has also been shown to protect 75% of vaccinated NHPs against subsequent Sudan ebolavirus challenge, with further development to test efficacy against other filovirus infections ongoing. The thermostabilized filovirus vaccine program is continuing to advance with the support of a National Institute of Health grant and a Small Business Innovation Research grant," the company said.
SNGX

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08:56 EDT Soligenix reports positive preclinical data with multiple heat stable filovirus - Soligenix announced positive data demonstrating the efficacy of multiple filovirus vaccine candidates in NHPs, including thermostabilized multivalent vaccines in a single vial platform presentation. Collaborators at the at the University of Hawaii describe the potent efficacy of vaccine candidates protecting against three life-threatening filoviruses, Zaire ebolavirus, Sudan ebolavirus and Marburg Marburgvirus in an article published in Frontiers in Immunology. These vaccine candidates contain highly purified protein antigens combined with the novel CoVaccine HT adjuvant. Most recently, efforts to formulate all three antigens and adjuvant into a thermostable single-vial vaccine platform has also been shown to protect 75% of vaccinated NHPs against subsequent Sudan ebolavirus challenge, with further development to test efficacy against other filovirus infections ongoing. The thermostabilized filovirus vaccine program is continuing to advance with the support of a National Institute of Health grant and a Small Business Innovation Research grant.
RDVT

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08:46 EDT Red Violet partners with Northwest Arkansas Board of REALTORS - FOREWARN announced that the Northwest Arkansas Board of REALTORS has contracted to make FOREWARN services available for the 3,200+ REALTOR members it serves throughout Bella Vista, Bentonville, Fayetteville, Rogers, Springdale, and the surrounding Northwest Arkansas region to promote proactive real estate agent safety.
TGT

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08:46 EDT Target says 'well-positioned' for the fall - Says on track to open 12 new stores this fall. Expects to add more capacity in 2022. Says "many opportunities" to invest capital productively. Says store team turnover remains low. Says inventory in "much better position" than a year ago. Sees FY21 CapEx about $3.5B, FY22 CapEx $4B-$4.5B.
LULU

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08:43 EDT Lululemon announces collaboration with sustainable materials firm Genomatica - Lululemon athletica announced a multi-year collaboration with "sustainable materials leader" Genomatica to bring renewably-sourced, bio-based materials into lululemon's products. "This represents lululemon's first-ever equity investment in a sustainable materials company and Genomatica's largest partnership within the retail industry. Together, the two companies will create a lower-impact, plant-based nylon to replace conventional nylon, which is the largest volume of synthetic material currently used to make lululemon products. Genomatica uses biotechnology and fermentation to convert plant-based ingredients into widely used chemical building blocks, like those used to make nylon. These building blocks are converted to pellets and yarns, and the companies will be working closely with lululemon's fabric supply chain to incorporate this material into future products. Through this collaboration, the companies seek to create positive change within the $22B global nylon market by building more sustainable supply chains," the company said. Calvin McDonald, CEO, lululemon added, "Our partnership with and investment in Genomatica demonstrates our commitment to be a leader in creating products that help build a healthier future for ourselves, for our communities and for our planet. Genomatica's bio-based innovations, along with their distinctive track record of successful commercial applications, will help us deliver on our Impact Agenda goals to make 100% of our products with sustainable materials and end-of-use solutions by 2030, as we move toward a circular ecosystem."
GRVI ALF

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08:42 EDT Grove, Alfi enter strategic partnership for advertising campaign - Grove (GRVI) announced they have partnered with Alfi (ALF) to leverage their AI enterprise SaaS platform and launch Grove's biggest advertising campaign to date. The campaign will come to life on the Alfi digital tablets installed in Uber and Lyft rideshares servicing 12 major markets. Alfi engages in creating interactive digital out-of-home advertising experiences. It uses computer vision and patented and proprietary AI models to identify the viewer's key demographics such as gender, location, age, and interests, all in real time. It's then able to serve up tailored content that is most relevant to the user and targeted by the advertiser. The platform is expected to help Grove reach a larger audience than ever before, all while delivering better targeting, increased engagement, and optimized ROI.
LULU

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08:40 EDT Lululemon multi-year collaboration with sustainable materials firm Genomatica - lululemon athletica announced a multi-year collaboration with sustainable materials leader Genomatica to bring renewably-sourced, bio-based materials into lululemon's products. This represents lululemon's first-ever equity investment in a sustainable materials company and Genomatica's largest partnership within the retail industry. Together, the two companies will create a lower-impact, plant-based nylon to replace conventional nylon, which is the largest volume of synthetic material currently used to make lululemon products. Genomatica uses biotechnology and fermentation to convert plant-based ingredients into widely used chemical building blocks, like those used to make nylon. These building blocks are converted to pellets and yarns, and the companies will be working closely with lululemon's fabric supply chain to incorporate this material into future products. Through this collaboration, the companies seek to create positive change within the $22B global nylon market by building more sustainable supply chains. Calvin McDonald, CEO, lululemon said, "Our partnership with and investment in Genomatica demonstrates our commitment to be a leader in creating products that help build a healthier future for ourselves, for our communities and for our planet. Genomatica's bio-based innovations, along with their distinctive track record of successful commercial applications, will help us deliver on our Impact Agenda goals to make 100% of our products with sustainable materials and end-of-use solutions by 2030, as we move toward a circular ecosystem."
DLHC

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08:38 EDT DLH Holdings awarded contract for CDC NCHHSTP DHP data management services - DLH Holdings announced that it has been awarded a contract by the Centers for Disease Control and Prevention's, or CDC, Division of HIV Prevention, or DHP, Data Management Services through data management and analysis, health informatics, and research support. The contract includes a base period of one year, with four one-year options, for a total value of $35M. This contract augments DLH's work in the Public Health & Life Sciences market. The project involves collaboration with epidemiologists, medical officers, statisticians, computer scientists, data managers and analysts, and public health advisors throughout the US. DLH will provide public health data management services for qualitative and quantitative scientific and non-scientific data, including research, surveillance, program monitoring, evaluation, statistical analysis, and reporting support.
NTUS

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08:37 EDT Natus Medical appoints Bryant Moore, Eric Guerin to board of directors - Natus Medical announced the appointments of Bryant Moore, Ph.D. and Eric Guerin to the Company's Board of Directors. With these appointments, the Natus Board will be expanded to eight members. Moore has served as the Director of Strategic partnerships at the University of North Carolina's Office of Technology Commercialization since 2015. Guerin serves as Chief Financial Officer of CDK Global.
PNC

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08:36 EDT PNC Financial pledges $20B in support of environmental finance - The PNC Financial Services Group announced it is committing $20B over five years in support of environmental finance. This commitment is an extension of PNC's long-standing support for accelerating the transition to a low-carbon economy, and is complementary to the bank's recently announced Community Benefits Plan, which pledges $88B in loans, investments, and other financial support to bolster economic opportunity for low- and moderate-income individuals and communities, people and communities of color, and other underserved individuals and communities.
ANIX

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08:34 EDT Anixa Biosciences issued U.S. patent for ovarian cancer vaccine technology - Anixa Biosciences has been issued the first U.S. patent for its novel ovarian cancer vaccine technology by the USPTO. This technology was invented and developed at Cleveland Clinic and Anixa is the worldwide licensee. A European patent covering this technology was issued earlier this year.
RDY

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08:34 EDT PENAO signs drug manufacture contract with Aurigene Pharmaceutical - Beroni Group announced that PENAO Pty Ltd, its majority-owned, Sydney-based anti-cancer drug development company, has signed a drug manufacture contract with Aurigene Pharmaceutical Services, India, a subsidiary of Dr Reddy's Laboratories. This next-generation adenine nucleotide translocase inhibitor, PENAO, was shown to be safe and well-tolerated in a phase I clinical trial conducted in Australia where encouraging efficacy data was observed. In a second clinical trial to commence H1 2022, PENAO is planned to be administered as twice-weekly injections to patients with advanced solid tumors. It is going to be a dose-finding study that also investigates anti-tumor effects using morphological assessments including radiological responses, molecular imaging surrogates, and anti-proliferative effects.
CDAK STTK

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08:33 EDT Codiak appoints Lini Pandite to board of directors - Codiak BioSciences (CDAK) announced it has appointed Lini Pandite, MBChB, MBA to its board of directors. As a board-certified oncologist and current Chief Medical Officer at Shattuck Labs (STTK), Dr. Pandite brings extensive expertise in oncology drug development and clinical application, diversifying the breadth of expertise represented on the board.
ZBH

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08:33 EDT Zimmer Biomet's Rosa Hip System receives FDA clearance - Zimmer Biomet announced FDA 510(k) clearance of the Rosa Hip System for robotically-assisted direct anterior total hip replacement. Rosa Hip is the fourth robotic system introduced by Zimmer Biomet's comprehensive ROSA Robotics portfolio. Rosa Hip aims to assist direct anterior surgeons with preparation, positioning and component impaction, while intra-operatively quantifying cup orientation, leg length and offset.
HTLZF

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08:32 EDT Hamilton Thorne CEO says continuing to experience shortages, longer lead-times - CEO David Wolf added, "Our outlook for the balance of the year continues to be impacted by the Covid-19 pandemic. During the first half of the year, we were clearly seeing normalized sales activity in the US and in many of our other major markets. However, the resurgence of Covid-19 cases in certain parts of the world based on new variants has added substantial uncertainty to the short- and mid-term outlook. We continue to experience shortages and longer lead-times and, in some cases, higher prices, for some finished goods that we resell, as well as some components incorporated into the products that we manufacture. We have been managing through these disruptions but are concerned that we may see an impact on sales and profitability in the second half, which could continue for a period of time that is difficult to predict and which may possibly affect our ability to meet our growth plans and acquisition objectives."
CLRB

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08:32 EDT Cellectar Biosciences awarded $2M Phase II NIH SBIR grant - Cellectar Biosciences announced it has been awarded a peer-reviewed National Institutes of Health, or NIH, Phase II Small Business Innovation Research, SBIR, grant of approximately $2M from the National Cancer Institute. The company is currently conducting a global pivotal study of iopofosine I-131 in Waldenstrom's macroglobulinemia patients who have received at least two prior lines of therapy, including Bruton tyrosine kinase inhibitor failed or suboptimal response patients. The study was initiated in January of 2021 and is expected to take approximately 18 months to fully enroll. "We appreciate the recognition and funding that the NIH and NCI have chosen to provide Cellectar for our pivotal iopofosine program. WM is an incurable disease with existing treatment options restricted to one approved drug and various unapproved salvage therapies," said James Caruso, president and CEO of Cellectar. "This $2 million non-dilutive grant will be used to support and accelerate the ongoing pivotal study. With the addition of this grant and over $46.8 million in cash and cash equivalents as of June 30, 2021, we are well capitalized with a forecasted cash runway into Q3 2023 which we believe will take us through top-line data and submission of the NDA."
ARLO CALX

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08:30 EDT Arlo Technologies expands distribution through partnership with Calix - Arlo Technologies (ARLO) announced the rollout of expanded availability of its products and services through its strategic partnership with Calix (CALX). Now, subscribers across the U.S. will have access to Arlo's security products and services as part of their overall managed WiFi experience through more than 1,600 Broadband Service Providers. BSPs in the U.S. can now offer Arlo's connected camera solutions and Arlo Secure security subscription services as a fully managed service delivered directly within its EDGE Suites, the cloud-enabled ecosystem of applications available as part of the full Revenue EDGE solution.
PLCE

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08:26 EDT Children's Place down 9.5% at $91.00 per share after Q2 results - Shares of Children's Place are down 9.5% in pre-market trading at $91 after the company topped expectations on Q2 earnings but missed on revenue and declined to provide EPS guidance due to continued COVID-related uncertainty.
TGT

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08:24 EDT Target says leadership position 'stronger than it has ever been' - Says majority of Q2 growth driven by store channel. Says Q2 results strongest in apparel. Sees "volatile" 2H21 due to resurgence of Covid-19. Says back to school season "off to a great start." Comments taken from Q2 earnings conference call.
SLGC...

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08:18 EDT SomaLogic, Twist Bioscience announce collaboration to create novel antibodies - CM Life Sciences II (CMIIU) and Twist Bioscience Corporation (TWST) announced a collaboration aimed at creating novel antibodies and enabling innovative drug discovery based on key disease biomarkers. The collaboration will allow Twist to use the SomaScan Platform to quickly identify antibodies against targets resulting from SomaLogic's (SLGC) 7,000-plex assay, believed to be one of the broadest views of the proteome available. Human blood proteins are the targets for drugs that treat more than 90 percent of diseases. Determining which of these proteins has a causal relationship with a specific disease, and which could be a candidate for a targeted drug, has been a challenge for researchers. Studies using the SomaScan Platform often generate a list of proteins involved in a disease process that may differ significantly from the diseases being studied and provide new avenues for research into drug targets with potential benefits for patients. The collaboration between Twist Bioscience and SomaLogic provides an opportunity to explore targets across a wide range of therapeutic areas. In addition, the list of potential protein targets found by the SomaScan Platform can be enriched for promising drug targets by using inhibitory SOMAmer reagents for validating specific drug targets. These reagents could include SOMAmer reagents used in the SomaScan Assay, as well as reagents from affinity-enriched pools that exist for each protein. This process can be a useful starting point for drug target validation. Twist Bioscience leverages its technology platform to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing sample preparation, and antibody libraries for drug discovery, optimization and development. Additionally, Twist expects its disruptive DNA synthesis platform will enable new opportunities including discovery partnerships for biologic drugs, and will enable new applications such as digital data storage in DNA.
G

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08:18 EDT Genpact opening new delivery center in Fukuoka, Japan - Genpact's Japanese subsidiary Genpact Japan will open a new delivery center in Fukuoka. The Fukuoka site will operate as a hybrid environment with 120 employees working from home and the office in Hakata-ku in Fukuoka city.
HTBX

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08:16 EDT Heat Biologics announces formation of biothreat advisory board - Heat Biologics announces it has commenced development of a new biosecurity/biodefense initiative. The Company also announces it has formed an advisory board to support this initiative. Joining the new advisory board are David Lasseter, Former Deputy Assistant Secretary of Defense for Countering Weapons of Mass Destruction, and Former US Representative Jack Kingston. Jeff Wolf, Chief Executive Officer of Heat, commented, "This biosecurity/biodefense initiative was initially conceived as a result of our research following the COVID-19 pandemic. We recognized the need for versatile and timely response solutions to protect the U.S. against known or unknown future biological threats and embarked on the development of a platform to address this issue." David Lasseter was the Deputy Assistant Secretary of Defense for Countering Weapons of Mass Destruction where he was responsible for, among other issues, all strategies and policies concerning preventing the proliferation of WMD and WMD-related materials; the United States Department of Defense Cooperative Threat Reduction Program; and Chemical, Biological, Radiological and Nuclear defense. Former US Representative Jack Kingston is a Principal at Squire Patton Boggs, a premier, full-service global law firm that helps clients address public policy challenges in legislatures and regulatory agencies around the world. He also serves as Secretariat for The Alliance for Biosecurity.
GROM

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08:15 EDT Grom Social Enterprises appoints Pete Jacobs as consultant to Santa.com debut - Grom Social Enterprises announced Pete Jacobs has been enlisted to bring his e-commerce and digital marketing expertise as a consultant to the company's planned November debut of Santa.com, Grom's new digital holiday entertainment and shopping hub. Jacobs currently lends his expertise at MELT Method, where he's leading the digital transformation for the self-care content brand. In his role as consultant to Santa.com, Jacobs will help craft the overall user experience for the site, a virtual North Pole featuring immersive content and specialty holiday gifts.
AREC

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08:14 EDT American Resources picks site for chromatography rare earth element facility - American Resources Corporation announced that it has finalized its site selection to build its first commercial scale rare earth element purification and isolation facility in the United States. The secured site provides 6.9 acres of developable land with the goal of scaling into an 80,000 square foot facility for purifying and isolating rare earth and critical elements utilizing ligand assisted displacement chromatography technology. The site is based in Noblesville, IN in an existing industrial area that provides access to commercial water and power, and well located for convenient logistics. Mark Jensen, Chairman and CEO of American Resources Corporation commented, "We have set a goal to be one of the first to produce an isolated and purified rare earth element in the United States on a commercial scale and have now secured a site that is well suited to scale our facility to commercial production. With this facility
ISOS...

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08:13 EDT Bowlero completes acquisition of Bowl America - Bowlero Corp announced that it has completed its acquisition of Bowl America (BWL.A) and its 17 bowling centers in Florida, Virginia and Maryland. Total consideration for the transaction is approximately $44 million. The Bowl America acquisition is Bowlero Corp's latest strategic growth initiative following last month's announcement of plans to list on the NYSE through a merger with Isos Acquisition Corporation (ISOS). Upon the closing of the transaction with Isos - expected in October 2021 - Bowlero's common stock and warrants are expected to trade on NYS under the new ticker symbols "BOWL" and "BOWL WS" These newly acquired centers join three recently purchased properties in Pennsylvania plus two in California as the newest members of the Bowlero portfolio - which has more than 300 locations nationwide. New centers currently being built from the ground up are slated to open this fall in the highly coveted Tyson's Corner neighborhood of Virginia and the booming town of Oxnard, California. Bowlero is also making advances in the digital gaming and media spaces. The company recently announced it will operate the world's largest virtual international bowling tournament, "The PBA Global Showdown", in a partnership with Lanetalk, thus providing a connected gaming experience to thousands of bowlers at hundreds of centers in dozens of countries around the world. Running from September 20 to November 14, the company anticipates that over 100,000 games of bowling will be played during the tournament, with a total prize fund of $50,000 available.
AMTX BKR

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08:12 EDT Aemetis reports results of CCS drilling study by Baker Hughes - A new study concluded that more than 2M metric tonnes, or MT, per year of CO2 can be removed from the atmosphere and injected safely into the earth at two ethanol plant sites in California. The study was commissioned by Aemetis (AMTX). The Carbon Capture & Sequestration geologic formation review and drilling study was completed by Aemetis Carbon Capture, a subsidiary of Aemetis, and was conducted by Baker Hughes (BKR), a global energy services company with operations in 120 countries. The Baker Hughes study estimated that 1M MT per year of CO2 can be sequestered in the saline formations located deep underground at or near the Aemetis Keyes ethanol plant site. The study noted that up to 1.4 million MT per year of CO2 should be injectable at or near the Aemetis Riverbank site due to the favorable permeability of the saline formation and other factors. "The conclusions from the initial Baker Hughes geologic formation and pre-drilling study confirm the feasibility of Aemetis plans to construct two CO2 injections wells at or near the Aemetis biofuels sites," stated Brian Fojtasek of ATSI, the project manager for the Aemetis Carbon Capture construction phase. "We have completed Front End Loading engineering and are now working on the Front End Engineering Design and permitting for the Aemetis CCS projects." Once complete, the Aemetis Carbon Capture CCS project is expected to capture and sequester more than 2M MT of CO2 per year at the two Aemetis biofuels plant sites in Keyes and Riverbank, California. The amount of CO2 sequestered each year is expected to be equal to the emissions from 460,000 passenger cars each year.
ABMD

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08:11 EDT FDA grants breakthrough device designation to Impella ECP - The United States Food and Drug Administration, FDA, has granted breakthrough device designation to Abiomed's mpella ECP expandable percutaneous heart pump. The designation means the FDA will prioritize Impella ECP's regulatory review processes including design iterations, clinical study protocols and pre-market approval application. Impella ECP, the world's smallest heart pump, is placed percutaneously into the heart's left ventricle, expands, and supports the heart's pumping function, providing flow greater than 3.5 L/min. Impella ECP is the smallest heart pump in the world and the first to be compatible with small bore access and closure techniques. It measures 9 French in diameter upon insertion and removal from the body. While in the heart, it expands to support the heart's pumping function, providing flow greater than 3.5 L/min. "This is yet another validation from the FDA of the clinical benefits of Impella technology and an affirmation of the innovative nature of Impella ECP which, due to its smaller vascular access size, has the potential to provide even safer procedures and be available to more patients who need hemodynamic support for coronary revascularization," said Chuck Simonton, MD, Abiomed's chief medical officer.
UBX

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08:09 EDT Unity Biotechnology reports granting of employment inducement awards - UNITY Biotechnology announced that from August 3, 2021, through August 17, 2021, the Compensation Committee of the Board of Directors granted 2 new employees stock-based awards covering an aggregate of 49,000 shares of UNITY common stock, including options to purchase an aggregate of 49,000 shares of UNITY common stock. The stock-based awards were granted pursuant to the UNITY 2020 Employment Inducement Incentive Plan, as amended, which was approved by the Board in March 2020 to provide for grants to newly hired employees as a material inducement for them to commence employment with UNITY in accordance with Nasdaq Stock Market Rule 5635(c)(4).
GLTO

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08:08 EDT Galecto announces first patient treated in Phase 2a trial of GB2064 - Galecto announced the treatment of the first patient in a Phase 2a trial of its oral LOXL2 inhibitor GB2064 in myelofibrosis. Myelofibrosis, a form of chronic leukemia, is a rare type of blood cancer in which the normal bone marrow is destroyed by fibrous scar tissue that does not produce blood cells. The open label MYLOX-1 trial is designed to evaluate the safety, tolerability, pharmacokinetics and pharmacodynamics of orally administered GB2064 in 16 patients over 9 months. The trial will also assess impact on fibrosis and quantification of the tissue targeting of GB2064, as well as other aspects of clinical response in myelofibrosis. "We are very pleased to start this Phase 2a trial with GB2064 in myelofibrosis, which marks a further important milestone in the development of Galecto's exciting clinical pipeline. There is a significant unmet need in myelofibrosis, with very few therapeutic alternatives. Fibrosis in the tumor micro-environment remains unaddressed and LOXL2 inhibition could be disease modifying," said Dr. Hans Schambye, CEO of Galecto.
MRNA

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08:08 EDT Moderna and Azzur Group expanding relationship - Moderna Azzur are expanding their ongoing business relationship with Cleanrooms on Demand, or COD, an Azzur Group company, providers for early-phase life sciences GxP manufacturing. Moderna and Azzur Group have worked together for more than six years in the Boston area, where Azzur has multiple COD facilities, augmented by its full-scale GxP consulting and laboratory solutions. As part of the expanded relationship, Moderna will become the anchor client in Azzur's newest COD facility in Burlington, MA.
MGA

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08:07 EDT Magna announces Mezzo Panel technology - The company said, "Magna is reimagining the face and functionality of electric vehicle front ends with its new Mezzo Panel technology. The fully integrated Mezzo Panel offers a fresh canvas for designers and an opportunity for engineers to seamlessly integrate advanced driver assistance system capabilities like radar, cameras and lighting. The Magna Mezzo Panel features hidden-until-lit lighting, meaning the surface looks clean and smooth until lighting is activated, enabling creative and innovative lighting options. There is also space for animated lighting that communicates vehicle intent and status alerts. Active aerodynamic technology can also be added to improve vehicle range while also providing a futuristic look. Future iterations of the technology may feature sustainable materials, such as environmentally friendly plastics, coatings and films, that would further automakers' sustainability efforts. Those materials also allow for signal transmission, enabling seamless integration of ADAS sensors."
NVOS

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08:07 EDT Novo Integrated Sciences unit Acenzia in licensing pact with PI Nutrition - Novo Integrated Sciences announced that its subsidiary, Acenzia has signed an exclusive 10-year licensing agreement with Performance Inspired Nutrition, PI Nutrition, to manufacture and distribute nutritional products, natural supplements, proteins, vitamins and other PI Nutrition branded health and wellness products in the Middle East. Co-Founded by multiple-time Oscar-award nominee, Mark Wahlberg, and proven industry executive, Tom Dowd, PI Nutrition was created to help inspire people to live a more active and healthier lifestyle by offering honest, all-natural, and trustworthy products. PI Nutrition has held the highest standards and quality control of its manufacturing to ensure the best and safest products for its loyal consumer base. PI Nutrition has more than 58 health and wellness nutritional products that cater to the everyday active lifestyle consumer, as well as many professional athletes. Investors in PI Nutrition include NBA star Draymond Green and PGA star Bryson DeChambeau.
ASMB

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08:06 EDT Assembly Biosciences selects fourth HBV core inhibitor candidate ABI-4334 - Assembly Biosciences announced it has selected a fourth core inhibitor candidate, ABI-4334, that has been optimized for potency, to advance into clinical development. The company is conducting preclinical work, with the aim of completing regulatory filings and initiating clinical studies as soon as possible in 2022. "In our mission to deliver finite and curative therapies to individuals with HBV, we have always been committed to developing the most promising candidates, specifically those with the profile to achieve greater, and potentially complete, viral suppression in patients," said William Delaney, PhD, chief scientific officer of Assembly Bio. "We believe ABI-4334 has a best-in-class preclinical profile with single-digit nanomolar potency against the production of new virus and also the formation of cccDNA. We're excited to further evaluate this compound and its potential, as we plan for the start of clinical studies next year."
KTOS

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08:06 EDT Kratos Defense announces Q2 sales of OpenSpace quantum, SpectralNet products - Kratos Defense & Security Solutions announced that in the second quarter of 2021 it delivered products supporting the satellite industry's movement toward dynamic, virtualized ground systems to 23 customers around the globe. These included products in Kratos' quantum and SpectralNet lines, both of which are part of its OpenSpace family of dynamic, virtual ground solutions. Kratos' OpenSpace quantum products offer software versions of satellite ground system components which traditionally have been implemented as hardware, such as modems and front-end processors, needed to communicate with the satellite or its payload. Kratos' OpenSpace quantum products have been supporting satellite operators around the globe in tens of thousands of satellite passes per month. Kratos' OpenSpace SpectralNet products provide the on-ramp to modern virtual ground operations by reliably digitizing the Radio Frequency signals from the satellite into an Internet Protocol format that can be processed by digital systems running in cloud, on-prem and hybrid environments. Sales of quantum and SpectralNet products in Q2 included international commercial customers as well as support for key U.S. defense and intelligence programs and government projects for other nations. Seven new customers bought products in the OpenSpace family in Q2 as well as 16 returning customers purchasing additional quantum and SpectralNet units.
FICO

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08:06 EDT Fair Isaac approves new $500M stock repurchase program - Fair Isaac's Board of Directors has approved a stock repurchase program to acquire up to $500M of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from March 2021 through August 2021. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.
PAE

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08:05 EDT Macfadden, a PAE company, awarded $177.5M task order on USAID contract - Macfadden, a wholly-owned subsidiary of PAE, was awarded a task order on the indefinite delivery, indefinite quantity USAID Humanitarian Assistance Support Contract. The task order supports activities of USAID's Bureau for Humanitarian Assistance and has a ceiling value of $177.5M. Macfadden will deliver administrative and operational services in support of BHA's role as USAID's lead federal coordinator for international disaster assistance by harnessing the expertise and capacities of other U.S. government entities to effectively respond to natural disasters and complex crises around the world. PAE Interim President and CEO Charlie Peiffer said the award builds on the company's strategy of expanding its support for USAID's humanitarian efforts. As the institutional support contractor to BHA, Macfadden will provide comprehensive support services including the administration of grants, cooperative and interagency agreements, the recruitment and administration of U.S. Personal Services Contracts, field and information support services, administrative support, staff training and support for capacity-building activities.
VIACA...

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08:05 EDT ViacomCBS, Comcast announce SkyShowtime SVOD JV - Comcast Corporation (CMCSA) and ViacomCBS (VIACA) announced a partnership to launch a new subscription video on demand, or SVOD, service in more than 20 European territories encompassing 90M homes. SkyShowtime will bring together decades of direct-to-consumer experience and entertainment, movies, and original series from the NBCUniversal, Sky and ViacomCBS portfolio of brands, including titles from Showtime, Nickelodeon, Paramount Pictures, Paramount+ Originals, Sky Studios, Universal Pictures, and Peacock. The service's slate will span all genres and audience categories. The new SVOD service is expected to launch in 2022, subject to regulatory approval. It will ultimately be available to consumers in Albania, Andorra, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Denmark, Finland, Hungary, Kosovo, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, and Sweden. SkyShowtime will be home to 10,000+ hours of entertainment. The partnership will be structured as a joint venture, or JV, with equal investment and joint control by ViacomCBS and Comcast. Further detail on the SkyShowtime service offering, including subscription price, will be announced at a later date.
MELI

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08:04 EDT MercadoLibre investing $25M in Aleph Group - MercadoLibre joining Aleph Group as a shareholder. Aleph operates in Latin America through IMS Internet Media Services. MercadoLibre has agreed to acquire a $25M stake in Aleph and additionally, will collaborate with IMS Internet Media Services on monetizing advertising space on MercadoLibre's digital properties in countries where MercadoLibre does not have local sales operations. Further, MercadoLibre and Aleph will partner to explore and collaborate in new business development opportunities in digital advertising. CVC Capital Partners Fund VIII acquired a minority stake in Aleph for $470M valuing the company at $2B.
KSU

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08:04 EDT Kansas City Southern teams with Savage to build multi-commodity railport - Savage is partnering with Kansas City Southern to construct a multi-commodity railport with transload and railcar storage capabilities in Mossville, La. Savage will own and operate the railport, being built on property leased from KCS at its Mossville Rail Yard. Savage's Mossville facility is expected to be operational by January 2022 and will optimize and provide a critical link in the supply chains of Lake Charles area refineries, chemical plants and other businesses. "Savage has a longstanding relationship with KCS and we're excited to open this new Louisiana railport and provide a sizable transload and storage facility at their Mossville yard in the coming months," said Savage President and CEO Kirk Aubry. "We've provided rail and loading services for Customers in the Lake Charles area for many years, and look forward to making a difference for even more businesses in Southwest Louisiana."
AGTC

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08:04 EDT Applied Genetic appoints Yehia Hashad to board of directors - Applied Genetic Technologies Corporation announced the addition of Yehia Hashad, MD to its Board of Directors. Hashad joined industry and has held several leadership roles in Novartis and Allergan, most recently as Senior Vice President & Global Head of Research and Development at Allergen Aesthetics.
SYK

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08:03 EDT Stryker President, COO Timothy Scannell to retire - Stryker announced that Timothy Scannell, President and Chief Operating Officer, or COO, has notified the company of his intent to retire on March 31, 2023. Effective October 1, 2021 until his retirement, Scannell will serve as Advisor to the CEO and provide counsel on a range of strategic issues and ensure a smooth transition of his duties, which will be spread between Group Presidents J. Andrew Pierce and Spencer Stiles. These responsibilities include oversight of regional businesses, corporate strategy, and business development. Pierce and Stiles will continue to serve on the Stryker Leadership Team and will report directly to Kevin Lobo, Chair & Chief Executive Officer.
BKYI

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08:02 EDT BIO-key announces availability of MobilePOS Pro - BIO-key International announced the availability of BIO-key MobilePOS Pro, a handheld, biometrically-enabled, rugged and powerful Android Point of Sale terminal, incorporating an FBI-certified capacitive fingerprint scanner into an all-in-one form factor featuring a thermal printer, high-resolution 5 megapixel camera, dual SIM 4G/LTE/CDMA/EDGE cellular and 802.11 b/g/n WiFi support, a barcode scanner, NFC scanner, triple-track magnetic stripe reader, long life 5800 mAh battery and large 5.5" touchscreen display. The new device enables self-contained mobile in-person commerce, ideal for banking, social- and aid-workers, healthcare-related transactions, including enrollment, identification, payment transactions, proof of presence/proof of life ID verification for secure, fraud-free transactions, supporting both BIO-key's fingerprint and contactless PalmPositive identity verification solutions for absolute confidence about exactly who is participating in a transaction.
IMXI

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08:01 EDT International Money Express announces $40M share repurchase program - International Money Express announced that its Board of Directors has authorized the company to repurchase up to $40M of the Company's common stock. "Based on our continued strong performance and the confidence we have in the future of our omnichannel strategy, the Board of Directors and management team believes that repurchasing the Company's common stock is an attractive investment opportunity and prudent use of our capital at this time," commented Bob Lisy, Chairman of the Board, CEO, and President. "Our strong liquidity position will enable us to return value to shareholders through the stock repurchases while continuing to explore acquisitions, grow our core, and develop new products and services," Lisy added.
SOFI

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07:53 EDT SoFi Technologies CEO buys 7,150 shares of common stock - In a regulatory filing, SoFi Technologies disclosed that its CEO Anthony Noto bought 7,150 share of common stock on August 17th in a total transaction size of about $98.5K. Shares of SoFi Technologies are up 1.9% in pre-market trading.
ASP IPVF

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07:51 EDT Aspiration to become public company via merger with SPAC InterPrivate II - Aspiration Partners (ASP) and InterPrivate III Financial Partners (IPVF), or InterPrivate II, a publicly-traded special purpose acquisition company, announced a definitive merger agreement that will result in Aspiration becoming a publicly listed company. Upon closing of the transaction, the company will be named Aspiration , and is expected to be listed on the New York Stock Exchange under the new ticker symbol "ASP." Aspiration offers an ecosystem of sustainable banking services, credit cards, and investment products that help customers keep their deposits out of fossil fuels, automatically plant trees with every card purchase, and track business and personal Planet & People impact scores so they can shop with a conscience. Aspiration's technology and tools also provide bundled solutions that help businesses meet the demand for sustainability from their customers and employees by offsetting their carbon footprints and developing co-branded products and services that mitigate climate change. The Company's corporate partners range from software publisher Intuit to NEU Community, which is launching a community of sustainable homes outside of Austin TX in partnership with Aspiration. Over five million Americans have signed up as members, joining one of the largest communities of Conscious Consumers in the world. The company has a revenue run rate in excess of $100M as of June 2021 and has driven over 7x growth in the past year. "Through its merger with InterPrivate, Aspiration will become the first ESG-driven fintech, a unique platform enabling individuals and enterprises to integrate and automate impact into their every-day financial and commercial transactions. The millions of passionate Aspiration members are an asset unto themselves, and have helped create a brand synonymous with sustainability that we expect to see extend in many exciting directions," said Ahmed Fattouh, Chairman and CEO of InterPrivate III. "With strong secular tailwinds, Aspiration is growing rapidly, and we look forward to helping Andrei, Joe and the team execute on their strategic plans," added Nicholaos Krenteras, President of InterPrivate III. Mr. Cherny will remain the CEO of the combined company while Mr. Sanberg will continue to serve on the Board.
TSLA...

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07:47 EDT J.D. Power: Tesla, Volta are EV owners' top picks for charging away from home - In the inaugural J.D. Power U.S. Electric Vehicle Experience Public Charging Study, Tesla Destination (TSLA) ranks highest among Level 2 charge point operators with a score of 689 on a 1,000-point scale and Tesla Supercharger ranks highest among DC direct current fast chargers with a score of 733. Volta ranks second among Level 2 charging stations and ChargePoint (CHPT) ranks third. Survey respondents for the inaugural study included 6,647 owners of battery electric vehicles and plug-in hybrid electric vehicles, J.D. Power said in a statement. The study was fielded from January through June 2021. Reference Link
ANDE

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07:43 EDT Andersons sees FY23 EBITDA $350M-$375M, FY25 EBITDA at $375M-$400M - Guidance coming from the company's investor presentation slides accompanying yesterday's announcement to sell its rail leasing business to American Industrial Transport for $550M. Reference Link
CBWTF

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07:40 EDT Auxly Cannabis launches Back Forty 40s straight pre-rolls - Back Forty, a cannabis brand from Auxly Cannabis Group, introduces Back Forty 40s, a new, straight-roll offering available now in Ontario at OSC.ca and at cannabis retail stores across the province. 40s are 0.35g single-strain, straight pre-rolls, machine rolled for a consistent, even burn with enhanced airflow and big flavour. Back Forty 40s launch with two high-potency cultivars, Animal Mints and Wedding Pie, and are presented in resealable, recyclable packages of 10, optimized for sharing out of the pack and preserving freshness. Back Forty 40s are the centrepiece of a summer of new product launches, which also features new dried flower strains and the brand's first edible offerings. . 40s are available in Ontario now, and will be coming soon to provinces across Canada.
EEVVF

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07:37 EDT Eve & Co enters medical cannabis supply, purchase agreement with TCann - Eve & Co is pleased to announce that its wholly-owned subsidiary, Natural MedCo has successfully entered into a Medical Cannabis Supply and Purchase Agreement with TCann Pty Ltd., Australia, an import/export and distribution company of para-pharmaceutical, medicinal and narcotic products located in Thornleigh, New South Wales. Pursuant to the Agreement, NMC will supply medical grade dried cannabis flower to TCann and TCann will distribute NMC medical grade dried cannabis products in Australia. TCann is a licensed cultivator and manufacturer of medicinal cannabis products. TCann focuses on producing high quality pharmaceutical-grade cannabis products for patients in Australia from their Good Manufacturing Practice certified facility.
SYBT

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07:37 EDT Stock Yards Bancorp board increases quarterly dividend 28c per share - Stock Yards Bancorp announced that its Board of Directors increased its cash dividend to 28c per common share. The dividend will be paid on October 1, 2021, to stockholders of record as of September 20, 2021. Commenting on the announcement, James Hillebrand, Chairman and Chief Executive Officer, said, "On the heels of our completed Kentucky Bancshares acquisition and newly announced Commonwealth Bancshares acquisition, we are pleased to increase our cash dividend rate as part of our continued efforts to maximize returns for our shareholders. With this announcement, Stock Yards Bancorp has now raised its quarterly dividend rate a total of 14 times since 2012, resulting in a cumulative increase of 110% over that time. The increased dividend highlights our Company's strong performance, our solid capital position and the attractive growth opportunities we see ahead."
MDJH

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07:36 EDT MDJM Ltd establishes new joint venture in the U.K. - MDJM is establishing a new joint venture company in the U.K. under the name of Mansions Estate. Mansions Estate is jointly established by MDJM's subsidiary MD Local Global, Ocean Tide Wealth, a specialist mortgage broker in the U.K., and Mingzhe Zhang. Mansions Estate will be engaged in asset management business and expects to provide comprehensive UK real estate-related services, including property leasing, property sales, furnishings, and routine property maintenance, to global investors.
DBTX CASI

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07:36 EDT Decibel Therapeutics appoints Cynthia Hu as CLO, Caproate Secretary - Decibel Therapeutics (DBTX) announced the appointment of Cynthia Hu, J.D., as Chief Legal Officer, or CLO, and Corporate Secretary. Hu joins Decibel after 15 years with CASI Pharmaceuticals (CASI), where she served first as Vice President, General Counsel and Secretary before being appointed Chief Operating Officer in 2008.
DKNG

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07:36 EDT DraftKings to become Official Sports Betting Partner of Baltimore Ravens - The Baltimore Ravens and DraftKings announced a new deal designating DraftKings as the Official Daily Fantasy Sports Partner and an Official Sports Betting and Free-to-Play Partner of the team. As DraftKings' first partner in the state of Maryland, the new deal marks DraftKings' fifth active strategic agreement with an NFL team, further advancing DraftKings' relationship with the league as an Official Sports Betting Partner and the Exclusive Official Daily Fantasy Partner of the NFL. The new deal will feature DraftKings branding and custom content as part of the Baltimore Ravens' weekly podcast, "The Lounge." Expanding further into multi-media platforms, DraftKings will also be named the title sponsor of Baltimore WBAL-1090 News Radio's Gameday Insider pregame show and a presenting sponsor of the Ravens Wired video online content series, in addition to homepage takeovers on BaltimoreRavens.com, ahead of select games and events.
HOWL MRK

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07:35 EDT Werewolf Therapeutics announces clinical trial collaboration with Merck - Werewolf Therapeutics (HOWL) announced that it has entered into a clinical trial collaboration and supply agreement with Merck (MRK) to evaluate WTX-124, a systemically-delivered, conditionally activated Interleukin-2 INDUKINE product candidate, in combination with KEYTRUDA, Merck's anti-PD-1 therapy. The planned clinical trial will be conducted by Werewolf Therapeutics and is designed to evaluate the safety and preliminary efficacy of WTX-124 as a monotherapy and in combination with KEYTRUDA in patients with solid tumors. "Werewolf Therapeutics is delighted to be partnering with Merck to study the combination of KEYTRUDA and WTX-124, a molecule designed to deliver IL-2 preferentially to the tumor microenvironment and the first of Werewolf's INDUKINE portfolio to enter the clinic," said Randi Isaacs, M.D., Chief Medical Officer of Werewolf Therapeutics. "The clinical benefit of targeting IL-2 as a treatment for cancer has long been established; however, its utility has been limited by challenging toxicities. We believe WTX-124 has the potential to enhance therapeutic options for cancer patients as a monotherapy and when combined with checkpoint inhibitors like KEYTRUDA."
TJX

Hot Stocks

07:33 EDT TJX says sales at start of Q3 are very strong - The company said, "For the start of the third quarter of Fiscal 2022, sales are very strong, with overall open-only comp store sales up mid-teens over the third quarter of Fiscal 2020. Currently, all of the Company's stores in the U.S., Canada, and Europe are open, and approximately 40 of its Australian stores are closed. While the Company is currently not expecting any significant store closures during the third quarter, it could experience temporary closures again if new COVID-related regulations are put in place. Due to the continued uncertainty of the current environment, the Company is not providing financial guidance at this time."
BWAY

Hot Stocks

07:33 EDT Brainsway receives clearance from FDA to market Deep TMS - BrainsWay announced that it has received 510k clearance from the U.S. Food and Drug Administration allowing the Company to market its Deep Transcranial Magnetic Stimulation, or Deep TMS, System for the reduction of comorbid anxiety symptoms in adult patients with depression, also known as anxious depression. "This clearance expands upon BrainsWay's depression indication, and represents yet another in a series of firsts for the Company," said Christopher von Jako, Ph.D., President and Chief Executive Officer of BrainsWay. "Many patients suffering from major depression experience anxiety symptoms. This most recent regulatory achievement further establishes BrainsWay's leadership position at the forefront of bringing transformative solutions to advance patient wellness." Data from 573 patients who had undergone Deep TMS treatment in 11 studies, including both randomized controlled trials and open-label studies, was submitted by BrainsWay in support of its application to the FDA. The expanded FDA labeling now allows BrainsWay to market its Deep TMS System for the treatment of depressive episodes and for decreasing anxiety symptoms for those who may exhibit comorbid anxiety symptoms in adult patients suffering from major depressive disorder and who failed to achieve satisfactory improvement from previous antidepressant medication treatment in the current episode.
ADF

Hot Stocks

07:32 EDT Aldel Financial, Hagerty announce business combination agreement - Hagerty and Aldel Financial announced that they have entered into a definitive business combination agreement. Upon the closing of the transaction, Aldel will be renamed Hagerty, Inc., and become publicly traded, with its common stock expected to be listed on the New York Stock Exchange under the ticker HGTY. Hagerty is a leading specialty insurance provider for classic and enthusiast vehicles. The transaction is expected to deliver up to $820M of gross proceeds to the combined company, including the contribution of up to $116M of cash held in Aldel's trust account from its initial public offering in April 2021, assuming no redemptions. The combination is supported by a $704M PIPE at $10.00 per share plus 18% warrant coverage led by strategic investors State Farm and Markel Corporation and commitments from a group of leading institutional and private investors. Existing Aldel stockholders who don't exercise their redemption rights will roll 100% of their equity into the combined company. All references to available cash from the trust account and retained transaction proceeds are subject to any redemptions by the public stockholders of Aldel and payment of transaction expenses. The transaction, which has been unanimously approved by Aldel's board of directors and the independent members of Hagerty's board, is expected to close in the fourth quarter, and is subject to approval by Aldel's stockholders and Hagerty's owners and other customary closing conditions, including any applicable regulatory approvals. Over 40% of Aldel's stockholders have signed voting agreements in favor of the Transaction. The minimum cash condition will be satisfied via the committed PIPE.
MEDIF

Hot Stocks

07:16 EDT Medipharm Labs receives export authorization to ship medical cannabis to Brazil - MediPharm Labs is pleased to announce that it has received approval to ship medical cannabis oil to Brazil. This approval, issued by both ANVISA and Health Canada, allows initial shipments to patients for the Company's partner XLR8. The Company and XLR8, a Curitiba based value-added distributor serving Brazil, entered into an agreement in September 2020. The two-year agreement is to commence from the time of ANVISA Sanitary Product Authorization, which is expected later this year. The registration will be for a mix of medical oil SKUs such as balanced and high CBD formulas. This initially approved delivery goes directly to patients under the compassionate care program, allowing XLR8 to begin its medical cannabis research. This first delivery opens a regulatory pathway for future opportunities for authorized product distribution. The Company looks forward to announcing further executed deliveries to Brazil in the coming months.
AMRC

Hot Stocks

07:14 EDT Ameresco to enter joint venture with HSGS - Ameresco announced that it is entering into a joint venture with Hannah Solar Government Services, or HSGS, a Service-Disabled Veteran-Owned Small Business, or SDVOSB, renewable energy company. Together, the pair will work collaboratively to bring cleantech solutions to the Department of Veterans Affairs and other Federal agencies. The companies decided to enter a mentor-protege relationship following HSGS delivering as a subcontractor to Ameresco over the past five years on projects supporting the VA, the U.S. Army, and the National Aeronautics and Space Administration.
SSRM

Hot Stocks

07:12 EDT SSR Mining reports positive exploration results for Ardich - SSR Mining announced positive results from 194 diamond drill holes for Ardich for the period from March 2020 to May 2021. These results build upon the Copler District Master Plan issued in November 2020, in which the Ardich deposit contributed 1.23 million ounces of gold from Measured and Indicated resources, and 0.35 million ounces of gold from Inferred Mineral Resources, providing an after tax NPV5% of $431M. The PEA highlights the potential for approximately 1.1 million ounces of gold production over an 11-year mine life for approximately $50M in development capital expenditures. Drilling and technical study activities target a maiden Mineral Reserve declaration in 2022. Permitting is concurrently being advanced with a target for first gold production in 2023. Step-out holes confirmed the extension of mineralization, many with impressive grades, including: AR274: 7.48 g/t Au over 40.7 meters from 155 meters, including 29.99 g/t Au over 5 meters from 187 meters. SSR Mining has drilled 427 diamond core holes at Ardich between August 2017 and June 2021, totaling 86,898m. The majority of these drill holes were drilled within SSR's 80% owned and managed licenses and greater than approximately 96 % of Ardich Mineral Resources are located on ground held 80% by SSR Mining, with the remainder located on ground 50% held by SSR Mining.
AKTS QCOM

Hot Stocks

07:10 EDT Akoustis appoints Kamran Cheema as Vice President of Engineering - Akoustis Technologies (AKTS) announced that it has appointed Kamran Cheema as Vice President of Engineering. Cheema brings experience in product design, manufacturing, technology development, program management and quality management with over 25 years of experience in micro-acoustic technology. Before joining Akoustis, Cheema was the Vice President of Engineering at Qualcomm (QCOM) RF360, where he was responsible for all aspects of micro-acoustic hardware solutions for the mobile phone market.
AZRX

Hot Stocks

07:09 EDT AzurRx: MS1819, PERT combination therapy achieves primary, secondary endpoints - AzurRx BioPharma announced positive topline results from its Phase 2 Combination Trial evaluating MS1819 in combination with the current standard of care, porcine-derived pancreatic enzyme replacement therapy, for the treatment of severe exocrine pancreatic insufficiency in patients with cystic fibrosis. Data collected from 20 patients indicated that MS1819 in combination with PERT led to clinically meaningful improvements in the primary efficacy endpoint, the Coefficient of Fat Absorption. Patients showed an average gain of more than six percentage points from baseline, compared to the five-point improvement in CFA cited by the clinical literature as clinically significant. The study also demonstrated positive improvements in weight gain and other secondary endpoints. AzurRx is now developing a new enteric-coated microbead formulation for MS1819 and plans to initiate a bridging study in 2022 evaluating the formulation as a single-agent therapy. The goal of AzurRx's MS1819 program is to develop a safe and effective means to control EPI, a debilitating gastrointestinal condition common to patients with cystic fibrosis that can result in numerous, life-altering complications, including malnutrition. Roughly 25% to 30% of refractory cystic fibrosis patients with severe EPI are unable to achieve adequate nutrition using PERT alone. The Phase 2 multi-center study was designed to investigate the safety, tolerability, and efficacy of escalating doses of MS1819, administered in combination with a stable dose of PERT. Twenty patients, 12 years of age or older, with severe EPI were treated with escalating doses of MS1819 once daily for 15 days per dosing level, in addition to their standard PERT regimen. Baseline CFA levels were measured in patients receiving only standard of care therapy, before beginning combination therapy. Trial eligibility required a CFA of less than 80%. The primary efficacy endpoint of the trial was improvement in CFA, and secondary endpoints of the study are improvements in the stool weight, stool consistency, number of bowel movements, the incidence of steatorrhea, and increase of body weight
STRO

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07:07 EDT Sutro Biopharma's STRO-002 granted Fast Track designation by FDA - Sutro Biopharma's STRO-002, a folate receptor alpha-targeting antibody-drug conjugate, has been granted Fast Track designation by the FDA for the treatment of patients with platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal cancer who have received one to three prior lines of systemic therapy. STRO-001-GM1 is a Phase 1 trial for STRO-002 for patients with advanced ovarian cancer that have progressed or relapsed after standard of care treatments, to assess efficacy, safety, and tolerability. The dose-escalation cohort has been completed and the dose-expansion cohort has enrolled patients from sites in the U.S. and in Spain, with enrollment ongoing.
XPO

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07:06 EDT XPO Logistics surpasses 500,000 downloads of digital freight marketplace app - XPO Logistics announced another growth milestone in the adoption of its XPO Connect digital freight marketplace. Downloads of the platform's Drive XPO mobile app for truck drivers have surpassed 500,000 - more than triple the cumulative downloads at this time last year. Drivers use the app to interact with the increasing number of shippers that prefer XPO Connect's digital brokerage capabilities. Drew Wilkerson, XPO's president of North American transportation, said, "XPO Connect delivers major benefits to shippers and carriers throughout the brokerage process. The technology transforms visibility into business intelligence, becoming continually smarter at helping shippers and carriers manage loads in real time. This is the most efficient way to utilize the massive truckload capacity we offer."
HROW

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07:06 EDT Harrow Health acquires U.S., Canadian commercial rights for MAQ-100 - Harrow Health announced that it has entered into an agreement with Wakamoto Pharmaceutical to acquire the U.S. and Canadian commercial rights for drug candidate MAQ-100, a preservative-free triamcinolone acetonide ophthalmic injection. MAQ-100 is marketed and sold by Wakamoto in Japan as MaQaid. Following Japan's Ministry of Health Labor and Welfare, or MHLW, approval, MaQaid was launched in Japan in 2010, indicated as an intravitreal injection for visualization for vitrectomy. Since its initial MHLW approval, the indication for MaQaid was expanded to include treatments for alleviation of diabetic macular edema, macular edema associated with retinal vein occlusion and non-infectious uveitis. Harrow intends to leverage the clinical data used for Japanese market approval of MaQaid, initially to support a clinical program and U.S. market NDA submission of MAQ-100 for visualization during vitrectomy.
CNC

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07:06 EDT Centene's Nevada Health Plan awarded Medicaid managed care contract - Centene announced that its Nevada subsidiary, SilverSummit Healthplan, has been awarded a contract from the Nevada Department of Health and Human Services - Health Care Financing and Policy to continue providing managed care services for its Medicaid Managed Care program in both Clark and Washoe Counties. Pending regulatory approval, SilverSummit's contract will commence on January 1, 2022.
PLTR

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07:05 EDT Cathie Wood's ARK Investment bought about 476K shares of Palantir on Tuesday
PLCE

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07:04 EDT Children's Place plans to close additional 81 stores in 2021 - As of July 31, 2021, the Company had more than 99% of its stores open to the public in the U.S., Canada, and Puerto Rico. Consistent with the Company's accelerated store fleet optimization initiative, the Company permanently closed 42 stores in the six months ended July 31, 2021. The Company is planning to close an additional 81 stores in fiscal 2021 bringing total closures to the previously announced target of 300 closures. The Company ended the quarter with 708 stores and square footage of 3.4 million, a decrease of 13.7% compared to the prior year. Since the Company's fleet optimization initiative was announced in 2013, it has permanently closed 491 stores.
FURY

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07:04 EDT Fury Gold Mines CEO Michael Timmins resigns, Tim Clark succeeds - Fury Gold Mines announced that Michael Timmins has resigned as president, CEO and as a director of the company, to focus on professional and family commitments, effective immediately. The company also announced that it has appointed Tim Clark, a current director of the company who also serves on the audit committee, to the position of CEO and director replacing Timmins. Clark brings 23 years of global capital markets experience with numerous U.S., European and Canadian banks.
CABA

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07:04 EDT Cabaletta Bio reports clinical data from second dose cohorts in DesCAARTes trial - Cabaletta Bio announced 28-day data from the second dose cohort, at the 100M cell dose level, in the DesCAARTes Phase 1 clinical trial of DSG3-CAART for the treatment of patients with mucosal-dominant pemphigus vulgaris. "We continue to be encouraged by the safety profile of DSG3-CAART in all patients dosed to date. In the second cohort, with patients receiving 100 million DSG3-CAART cells - a five-fold higher dose than the initial cohort - there were no clinically relevant adverse events or DLTs observed either acutely or in the 28-day DLT monitoring period following infusion," said David Chang, M.D., Chief Medical Officer of Cabaletta. "Similar to the first cohort, this safety profile was observed in the presence of circulating anti-DSG3 antibodies. In the absence of preconditioning, DSG3-CAART persistence was observed via quantitative polymerase chain reaction in peripheral blood samples of all three patients in the second dose cohort during the 28 days following infusion." In addition to assessing the safety and tolerability of DSG3-CAART, the trial is designed to evaluate early signs of efficacy through clinical outcomes, such as persistent decline in disease activity, reduction or discontinuation of immunosuppressive therapies and systemic corticosteroids, and absence of systemic rescue medication, as well as other biologic activity measures, including a persistent decline in anti-DSG3 antibody titers, indicating target engagement. The DesCAARTes trial has initiated dosing of patients in the third cohort at a treatment dose of 500M DSG3-CAART cells. Cabaletta expects to announce top-line data on biologic activity from the first two cohorts as well as safety data from the 500M dose cohort in the fourth quarter of 2021. Absent DLTs in the third cohort, a fourth dose cohort using 2.5B cells is also anticipated to initiate dosing this year. Cabaletta will continue to provide additional data on a cohort-by-cohort basis for the DesCAARTes trial as they become available.
ATCX

Hot Stocks

07:02 EDT Atlas Technical awarded $8M construction, inspection contract from TxDOT - Atlas Technical Consultants announced the award of an $8M contract from the Texas Department of Transportation, or TxDOT, for Construction Engineering and Inspection services. This five-year contract will support the TxDOT's Odessa District, which includes Andrews, Crane, Ector, Loving, Martin, Midland, Pecos, Reeves, Terrell, Upton, Ward and Winkler. Under TxDOT's oversight, Atlas will assist in managing construction of specific operations and provide Engineer Led Inspection Teams to perform various CEI services. It is expected at the time of the solicitation that work will be primarily in the Odessa district, but work may be required in other districts. Specific work may include day-to-day management of construction inspection, material testing, record keeping and documentation and overall project management for construction activities on strategically selected projects. Odessa District plans, designs, builds, operates and maintains the state transportation system. The Odessa District oversees approximately 8,226 lane miles of roadway, employs 286 employees and has nearly $500M in construction letting and maintenance expenditures.
WFG

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06:58 EDT West Fraser Timber announces preliminary results of substantial issuer bid - West Fraser Timber announced the preliminary results of its substantial issuer bid, or SIB, pursuant to which West Fraser offered to purchase for cancellation up to C$1B of its common shares. In accordance with the terms and subject to the conditions of the SIB and based on the preliminary calculations of Computershare Investor Services, as depositary for the SIB, West Fraser expects to take up and pay for approximately 10.3M shares at a price of approximately C$97.00 per Share, representing an aggregate purchase price of C$1B. An aggregate of approximately 13.7M shares were validly tendered and not withdrawn pursuant to auction tenders at or below the purchase price and purchase price tenders. Since the SIB was oversubscribed, shareholders who made auction tenders at or below the purchase price and purchase price tenders will have the number of Shares purchased prorated following the determination of the final results of the SIB. West Fraser currently expects that shareholders who made auction tenders at or below the purchase price and purchase price tenders will have approximately 91% of their successfully tendered shares purchased by West Fraser.
EAT

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06:50 EDT Brinker sees FY22 capital expenditures $155M-$165M - Sees FY22 tax rate 14%-15%. The company said, "Due to the uncertainties created by the ongoing COVID-19 pandemic and the increasing impact of the Delta variant, forecasting business performance is not currently reliable and as a result, we are providing a limited financial outlook for fiscal 2022. These uncertainties, as well as other risks and uncertainties, could cause actual results to differ materially from those projected."
SON

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06:48 EDT Sonoco ThermoSafe, Korean Air announce global partnership - Sonoco ThermoSafe, a unit of Sonoco, and Korean Air, announced a global partnership agreement for the leasing of the new Pegasus ULD temperature controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD containers directly from Korean Air. Korean Air and mutual clients will also have access to other Sonoco ThermoSafe containers as part of this agreement. Sonoco ThermoSafe will support this partnership by adding ICN airport to its global service network. Services including ground handling, repairs, and preconditioning of Pegasus ULDs at ICN will be provided through Sonoco ThermoSafe's global partnership with Unilode.
GOOS

Hot Stocks

06:47 EDT Canada Goose launches share repurchase program - Canada Goose announced that the Toronto Stock Exchange has approved a normal course issuer bid providing for the purchase for cancellation of up to 5,943,239 subordinate voting shares of Canada Goose over the twelve-month period commencing on August 20, 2021 and ending no later than August 19, 2022. This represents approximately 10% of the 59,432,395 subordinate voting shares comprising the public float determined in accordance with TSX requirements as at August 6, 2021. Canada Goose has not repurchased any of its outstanding subordinate voting shares under a normal course issuer bid in the past 12 months.
LIN IFNNY

Hot Stocks

06:41 EDT Linde signs long-term agreement with Infineon for production of green hydrogen - Linde (LIN) announced it has signed a long-term agreement with Infineon (IFNNY) for the on-site production and storage of high-purity green hydrogen, alongside the supply of other industrial gases. It will be the first time green hydrogen is used in Infineon's semiconductor manufacturing process. Linde will build, own and operate a two-megawatt electrolyzer plant at Infineon's Villach site in Austria. The plant will produce green hydrogen using Proton Exchange Membrane, or PEM, technology from ITM Power, which Linde will then purify to meet the rigorous specifications needed in Infineon's manufacturing process. The use of this high-purity green hydrogen is part of Infineon's plans to reduce greenhouse gas emissions at their Villach site. Linde will also build, own and operate a compact air separation unit at the Villach site to deliver a reliable supply of nitrogen in addition to a bulk storage system to supply additional industrial gases to meet Infineon's expanding requirements. The new Linde facilities are expected to start up in 2022.
RBC RXN

Hot Stocks

06:38 EDT Regal Beloit, Rexnord announce receipt of private letter ruling from IRS - Regal Beloit (RBC) and Rexnord (RXN) announced that Rexnord received the private letter ruling from the U.S. Internal Revenue Service, or IRS, in connection with the combination of Rexnord's process and motion control business with Regal through a Reverse Morris Trust transaction. Commenting on receipt of the PLR, Regal CEO, Louis Pinkham said "We are excited about receipt of the IRS private letter ruling, which is a crucial milestone in the process of bringing together Regal and Rexnord PMC - two highly complementary businesses that together create a premier global provider of differentiated, highly value-added Industrial Powertrain solutions. In addition, it was good to see that terms of the ruling related to how we may treat the shareholder overlap that exists between Regal and Rexnord are broadly in line with our initial assumptions. At this point, we are awaiting each company's shareholder vote scheduled for September 1st."
TGT

Hot Stocks

06:35 EDT Target announces new $15B share repurchase program - In addition, the company announced that Target's board has authorized a new, $15B share repurchase program. Repurchases under this program will begin upon completion of the 2019 program. "For decades, Target's capital deployment priorities have remained the same: First, we fully invest in our business, in projects that meet our strategic and financial criteria. Then, we return capital to our shareholders through a thoughtful balance of dividends and share repurchases, within the limits of our middle-A debt ratings," said Michael Fiddelke, executive vice president and chief financial officer of Target. "Our continued strong operating performance and ability to generate cash have supported meaningful investments in our team and our business, along with the return of capital through both dividends and share repurchases. This new authorization reflects our confidence in the sustained, strong performance of our business, which will enable continued share repurchases in keeping with our long-standing capital deployment goals."
HEXO

Hot Stocks

06:34 EDT Hexo's acquisition of Redecan recommended by ISS, Glass Lewis - Hexo announced that independent proxy advisors Institutional Shareholder Services - ISS- and Glass Lewis have recommended that shareholders of Hexo vote for the Transaction Resolution and for the Financing Resolution, in advance of the upcoming Meeting of Shareholders to be held on August 25 being held in connection with Hexo's definitive share purchase agreement to acquire all of the outstanding shares of the entities that carry on the business of Redecan, Canada's largest privately-owned licensed producer, for a purchase price of $925M. ISS noted that: "The transaction makes strategic sense," and that "The combined entity will possess market leading share in a number of adult use cannabis categories... allowing for HEXO to interact with and make its value proposition to a larger number of consumers across a greater spectrum of price points." In supporting the Financing Resolution, ISS further highlighted that the "approval of the resolution will provide Hexo flexibility" with regard to how the Senior Secured Convertible Note due 2023 may be settled, "allowing for preservation of cash if necessary." The $925M purchase price will be paid to the Redecan shareholders as follows: $400M of consideration due on closing paid in cash; and $525M of consideration due on closing paid through the issuance of HEXO common shares at an implied price per share of $7.53. The transaction is expected to create the Canadian market leader in recreational cannabis.
TGT

Hot Stocks

06:33 EDT Target sees 2H comparable sales up high single digits - Sees FY21 operating income margin rate at least 8%.
MAXR

Hot Stocks

06:01 EDT Maxar Technologies appoints Colleen Campbell as Chief Marketing Officer - Maxar Technologies has appointed Colleen Campbell as its Chief Marketing Officer. Campbell most recently served as Vice President of Marketing and Communications at Alion Science and Technology, a defense contractor specializing in AI, C5ISR, electronic warfare, cyber and military training solutions. Prior to that, Campbell was Director of Digital Strategy and Integrated Communications at Northrop Grumman Corporation, .
PCG

Hot Stocks

05:26 EDT PG&E to implement PSPS affecting 51,000 customers in 18 counties - PG&E confirmed that it is in the process of implementing a Public Safety Power Shutoff, or PSPS, affecting about 51,000 customers in small portions of 18 counties focused in the Sierra Nevada foothills, the North Coast, the North Valley and the North Bay mountains. The safety shutoff is due to a combination of dry offshore winds, extreme to exceptional drought conditions and extremely dry vegetation. Since Saturday, PG&E meteorologists have been tracking the weather system, which could bring sustained winds of up to 40 mph, gusting higher in foothills and mountains. The National Weather Service has issued Fire Weather Watches in the area through Wednesday based on forecasts for dry, northerly winds and low relative humidity. And the Northern California Geographic Area Coordination Center's North Operations Predictive Services has issued a high-risk fire warning today through Wednesday due to "an unusually gusty early-season" wind event.
JKS

Hot Stocks

05:24 EDT JinkoSolar subsidiary signs long-term polysilicon supply agreement with Wacker - JinkoSolar announced that its principal operating subsidiary, Jinko Solar Co. has signed a long-term polysilicon supply agreement with Wacker Chemie. According to the agreement, Wacker will supply over 70,000 tons of polysilicon to Jinko Solar from September to December 2026. The purchase price will be decided based on the market price. Wacker will reserve the agreed capacity to Jinko Solar and supply polysilicon from its production sites in Germany and the United States.
BGNE

Hot Stocks

05:22 EDT BeiGene announces Swissmedic acceptance of Brukinsa MAA - BeiGene announced that Swissmedic has accepted the marketing authorization application, or MAA, for Brukinsa, a treatment option for adult patients with Waldenstrom's macroglobulinaemia, or WM. Swissmedic has started the formal review of the MAA. Brukinsa has already been granted orphan drug status by Swissmedic. The approval by Swissmedic would grant marketing authorization for Brukinsa in WM within Switzerland.
TMUS

Hot Stocks

05:20 EDT T-Mobile provides additional details regarding cyberattack - T-Mobile has been investigating the cyberattack against T-Mobile systems, and has provided the latest information and some additional details. Late last week the company was informed of claims made in an online forum that a bad actor had compromised T-Mobile systems. The company began an investigation into these claims. T-Mobile then located and immediately closed the access point that it believes was used to illegally gain entry to its servers. Yesterday, the company was able to verify that a subset of T-Mobile data had been accessed by unauthorized individuals. The company also began coordination with law enforcement as the forensic investigation continued. T-Mobile has now been able to confirm that the data stolen from its systems did include some personal information. The company has no indication that the data contained in the stolen files included any customer financial information, credit card information, debit or other payment information. Some of the data accessed did include customers' first and last names, date of birth, SSN, and driver's license/ID information for a subset of current and former postpay customers and prospective T-Mobile customers. The preliminary analysis is that approximately 7.8M current T-Mobile postpaid customer accounts' information appears to be contained in the stolen files, as well as just over 40M records of former or prospective customers who had previously applied for credit with T-Mobile. Importantly, no phone numbers, account numbers, PINs, passwords, or financial information were compromised in any of these files of customers or prospective customers. Communications will be issued shortly to customers outlining that T-Mobile is immediately offering two years of free identity protection services with McAfee's ID Theft Protection Service. The company is recommending all T-Mobile postpaid customers proactively change their PIN by going online into their T-Mobile account or calling our Customer Care team by dialing 611 on your phone. This precaution is despite the fact that the company has no knowledge that any postpaid account PINs were compromised. At this time, the company has also been able to confirm approximately 850,000 active T-Mobile prepaid customer names, phone numbers and account PINs were also exposed. T-Mobile has already proactively reset all of the PINs on these accounts to help protect these customers. No Metro by T-Mobile, former Sprint prepaid, or Boost customers had their names or PINs exposed. The company has also confirmed that there was some additional information from inactive prepaid accounts accessed through prepaid billing files. No customer financial information, credit card information, debit or other payment information or SSN was in this inactive file.
XPEV

Hot Stocks

05:10 EDT XPeng signs agreement for Zhaoqing Smart EV Manufacturing Base expansion - XPeng announced it has signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to build the Phase Two expansion project of the XPeng Zhaoqing Smart EV Manufacturing Base located in Guangdong Province. The company officially kicked off the Phase Two expansion project at a signing ceremony co-hosted with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone. Upon completion, the Phase Two expansion project will increase the design production capacity at the Zhaoqing Base from 100,000 units to 200,000 units per annum with the financial and land use support from the local government. The expansion will position XPeng well in capturing the anticipated increasing consumer demand for its smart EVs.