Stockwinners Market Radar for November 15, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

TSLA

Hot Stocks

20:29 EST Tesla's Musk sells 148K shares of common stock, 786K shares as option expiry - In a regulatory filing, Tesla disclosed that it CEO Elon Musk sold 148.2K shares of common stock in a total transaction size of $150.5M and another 786K shares of common stock after option expiry in a $780M transaction size.
CAAP

Hot Stocks

20:24 EST Corporacion America Airport reports October traffic up 204% y/y - Corporacion America Airports reported a 204.0% YoY increase in passenger traffic in October 2021, and a 41.6% decline when compared to the same period of 2019. International and domestic passenger traffic dropped 57.5% and 34.5%, respectively, from pre-pandemic levels of October 2019.
BIIB

Hot Stocks

19:56 EST Biogen Head of Research Alfred Sandrock to retire - Biogen announced that Alfred Sandrock, Jr., M.D., Ph.D., Head of Research & Development, will retire from the company effective December 31, 2021. Priya Singhal, M.D., M.P.H., Head of Global Safety and Regulatory Sciences, also with oversight responsibility for Japan and China R&D, will assume Dr. Sandrock's duties as Head of Research & Development on an interim basis until a permanent successor is identified.
SOFI...

Hot Stocks

19:23 EST Third Point buys Alight, exits Uber in Q3 - Third Point disclosed in an SEC filing its holdings as of September 30, 2021. The fund's 13 new buys during the third quarter included, by size of position, Alight (ALIT), Activision Blizzard (ATVI), CF Industries (CF), Membership Collective (MCG), and Rocket Lab USA (RKLB). Third Point exited 26 positions during the quarter, including by size of previous position SoFi Technologies (SOFI), Uber (UBER), JD.com (JD), Peloton (PTON), and Charter (CHTR). The fund increased its stake in 18 holdings, including by size of previous position SentinelOne (S), Amazon (AMZN), Alphabet Class A (GOOGL), Avantor (AVTR), and Catalent (CTLT). Third Point reduced its stake in 12 holdings, including by size of previous position Intel (INTC), Paysafe (PAYS), Estee Lauder (EL), Visa (V), and Global Blue Group (GB). The fund's top holdings as of September 30, in order of size, were Upstart (UPST), SentinelOne, Danaher (DHR), PG&E (PCG), and Disney (DIS).
TWLO

Hot Stocks

19:02 EST Twilio CEO buys 3.4K shares of common stock - In a regulatory filing, Twilio disclosed that its CEO Jeffrey Immelt bought 3.4K shares of common stock on November 11th in a total transaction size of $1.0M, boosting his stake by about 25%.
QTNT

Hot Stocks

19:00 EST Quotient backs FY22 product sales view of $35.5M-$36.5M - Sees FY22 capex at $5M-$10M.
TRHC

Hot Stocks

18:55 EST Tabula Rasa HealthCare CEO sells 200K shares of common stock - In a regulatory filing, Tabula Rasa HealthCare disclosed that its CEO Calvin Knowlton sold 200K shares of common stock on November 11th in a total transaction size of $2.77M, reducing his stake by about 17%.
INCR

Hot Stocks

18:53 EST InterCure expands pharmacy chain in Israel - InterCure announced the addition of four pharmacies to its pharmacy chain GIVOL, focused on dispensing pharmaceutical grade medical cannabis, totaling its retail footprint to 20 locations in prime, strategic locations across Israel. Fourteen of the pharmacies are licensed to dispense medical cannabis. Additionally, the Company also announced that in October 2021 it reached a record one ton of medical cannabis products dispensed in one month. This represents approximately 30 percent market share of Israel's entire medical cannabis market.
HFC

Hot Stocks

18:14 EST HollyFrontier chairman Myers buys 20,000 common shares - In a regulatory filing, HollyFrontier chairman Franklin Myers disclosed the purchase of 20,000 common shares of the company on November 12 at a price of $34.56 per share.
MFC WFC

Hot Stocks

18:05 EST Venerable announces $22B reinsurance agreement with Manulife Financial - Venerable Holdings announced a transaction with Manulife Financial (MFC) to reinsure approximately $22B of variable annuity business from its U.S. subsidiary John Hancock. The reinsured business primarily comprises contracts with guaranteed minimum withdrawal benefits, or GMWB, issued between 2003 and 2012 by John Hancock Life Insurance, a Michigan domiciled entity. A small block of policies with only guaranteed minimum death benefits, or GMDB, is also included. John Hancock will retain administration of the block as part of the agreement. On a pro forma basis, as of 3/31/2021, the transaction will increase Venerable's assets under risk management from $71B to $94B. The transaction is expected to close in the Q1 of FY22, subject to customary closing conditions. Wells Fargo (WFC) Securities, is serving as financial advisor, and Sidley Austin is serving as legal counsel to Venerable in connection with this transaction.
CPA

Hot Stocks

17:54 EST Copa Holdings reports October traffic down 25.4% vs. October 2019 - Copa Holdings' October consolidated capacity, or ASMs, came in 22.8% lower than October 2019, while passenger traffic, or RPMs, decreased 25.4%, which resulted in a 82.0% load factor vs. 84.9% in October of 2019.
KVSA

Hot Stocks

17:43 EST Khosla and Valo decide to terminate agreement and plan of merger - Valo Health and Khosla Ventures Acquisition, a special purpose acquisition company sponsored by affiliates of Khosla Ventures, announced that both companies have mutually agreed to terminate their previously announced agreement and plan of merger immediately. Both parties decided to terminate the Business Combination based on current market conditions, particularly in the biotechnology area.
CWCO

Hot Stocks

17:37 EST Consolidated Water expects an increase in PERC's bidding activity - "During the quarter, PERC continued to grow its recurring revenues by signing a five-year contract to provide operating and maintenance services for the wastewater plant of a gaming and live entertainment business in Southern California. New project opportunities for PERC, both sole-sourced and competitively bid, continue to be strong and include bids for two major projects that were submitted in the first nine months of this year," commented Consolidated Water CEO, Rick McTaggart. "We expect to hear whether PERC was selected for these projects by early next year. But based on this overall increased bidding activity that reflects strengthening market demand, we believe PERC's performance for 2022 will exceed this year as new water treatment projects come to market after the lull due to the pandemic. Near the end of October, the Cayman Islands government announced that the country will reopen its borders for nearly all vaccinated travelers this Saturday, November 20th. We see the reopening as a major step toward the reopening of hotels and resorts in Grand Cayman and expect a gradual return to normalcy for our retail water segment. The Bahamas remains open to tourism, and we are seeing increased marketing activity to tourists. We believe our strong balance sheet and liquidity enables us to ride out the continued adverse economic impacts of the pandemic, while enabling us to fund growth initiatives. We see the increase in PERC's bidding activity and the increased project activity in our markets as potential major catalysts for our growth in 2022 and thereafter."
CMP

Hot Stocks

17:33 EST Compass Minerals sees FY22 adjusted EBITDA $220M-$250M - The company said, "Assuming average winter weather activity, the company expects strong Salt segment revenue growth for the first half of fiscal 2022 compared to the prior period, primarily due to increased bid season commitments. However, flat pricing and elevated shipping and handling costs are expected to result in lower year-over-year first-half fiscal 2022 Salt segment EBITDA. In the Plant Nutrition segment, the company expects lower sales volumes for fiscal 2022 as the SOP feedstock inconsistencies have constrained production in the short term. Product pricing strength in the first half of the year is expected to more than offset higher production costs and lower sales volumes, resulting in improved margins and profitability in fiscal 2022. As Compass Minerals continues to invest in the development of its sustainable lithium resource on the Great Salt Lake, the company expects to spend approximately $10 million in fiscal 2022 building internal capabilities and scaling up its pilot plant operations. These lithium-related operating expenses are included within the Corporate and Other expense in the company's fiscal 2022 outlook. Capital expenditures are expected to be elevated in fiscal 2022 due to an upgrade to the company's Cote Blanche barge dock to improve safety, logistics and efficiency at a cost of approximately $15 million, as well as approximately $15 million in capital spending for lithium extraction assets."
LSEA

Hot Stocks

17:25 EST Landsea Homes appoints Chris Porter as CFO - Landsea Homes announced that Chris Porter has been hired for the Company's position of CFO. Chris has more than 30 years of diverse experience in corporate finance in both public and private equity settings across multiple industries, including commercial real estate, senior housing, defense contracting and banking/finance sectors. In this new role, Chris will manage all financial matters for the Company. In 2013, Chris joined senior housing real estate developer Silverstone Healthcare Company, as President and CFO. He was instrumental in growing the company to include nine luxury developments, and was successful in raising approximately $1B in debt and equity. During his tenure, he also oversaw all accounting, reporting, finance, human resources, liquidity and asset management functions. Prior to Silverstone, Chris served as Vice President and Treasurer of Dyn-Corp International, responsible for its global Treasury, Risk Management, Liquidity and Investor Relations. Before that, Chris spent 10 years at Crescent Real Estate Equities, ending as Managing Director, in charge of capital markets, risk management, and treasury.
FFIE

Hot Stocks

17:13 EST Faraday Future unable to file Form 10-Q for the quarter in the prescribed period - Faraday Future Intelligent Electric filed a Form 12b-25 notifying the SEC that it is unable to file its Form 10-Q for the fiscal quarter ended September 30 within the prescribed time period, and does not expect to file it by the extended filing date pursuant to Rule 12b-25. The Company is also unable to file its amended Registration Statement on Form S-1 at this time. The Company's Board of Directors formed a special committee of independent directors to review allegations of inaccurate disclosures, including claims made in a report issued by an investor with a history of seeking to drive down public companies' stock prices for its own benefit. Faraday Future seeks to do business in the most ethical and transparent way. As a new public company, the Board, as part of its review, is seeking to ensure that the Company is adhering to the highest standards of conduct. The special committee's review is ongoing, and it is working diligently with independent counsel and advisors to complete its review as soon as possible. The Company is committed to working with the special committee to complete its work in order to re-establish timely financial reporting as soon as feasible. Until the review is complete, the Company is not able to file its Form 10-Q or Form S-1/A.
RIOT

Hot Stocks

17:13 EST Riot Blockchain sees Q4 self-mining hash rate capacity of 8.6 EH/s - The company said, "By Q4 2022, Riot anticipates a total self-mining hash rate capacity of 8.6 EH/s, not including any expected incremental productivity gains from the Company's utilization of 200 MW of immersion-cooling infrastructure and assuming full deployment of approximately 90,150 Antminer ASICs. Approximately 95% of Riot's self-mining fleet will consist of the latest generation S19 series miner model. Upon full deployment, the Company's total self-mining fleet is expected to consume approximately 284 MW of energy. In addition to the Company's self-mining operations, Riot's Whinstone Facility hosts approximately 200 MW of institutional Bitcoin mining clients."
SUI

Hot Stocks

17:11 EST Sun Communities to acquire Park Holidays UK for $1.3B - Sun Communities announced that it had entered into a definitive agreement to acquire Park Holidays UK for approximately $1.3B. Park Holidays' experienced operating team, led by CEO Jeff Sills, will continue to run day-to-day operations under Sun's ownership. In addition, Park Holidays has a proven ability to source and execute both internal expansion and external growth opportunities. Park Holidays primarily rents sites for owner-occupied vacation homes on annual contracts, as well as sells vacation homes to new customers. The acquisition, which is expected to be accretive to 2022 Core FFO per share, will represent approximately 7% of the company's properties and 8% of its total pro forma real estate asset value. The UK holiday park industry is an approximately GBP 5B market which has demonstrated resilient growth through previous economic cycles. For the twelve months ended September 30, Park Holidays generated GBP 73.9M in EBITDA. The transaction values Park Holidays UK at an enterprise value of approximately GBP 950M, or $1.3B. The selling shareholders will receive Sun common stock equal to approximately GBP 25M, or approximately $34M, and the remainder of consideration will be in cash. In connection with the acquisition, the company entered into a commitment letter with Citigroup Global Markets to lend the company up to GBP 950M under a new senior unsecured bridge loan to fund the cash portion of the acquisition. The transaction is subject to a required regulatory approval, and is expected to close in the first quarter of 2022.
ALF

Hot Stocks

17:08 EST Alfi appoints Louis Almerini as interim CFO - ALFI announced that Louis A. Almerini, has been appointed by the Company's Board of Directors to serve as interim CFO, effective November 8. With over 30 years of experience as a financial executive, Almerini has a proven track record leading corporate finance and accounting control functions for multiple public companies and financial institutions. Almerini brings a wealth of finance and accounting experience having served in a number of key roles running integrated business, budgeting, forecasting, financial analysis, accounting, regulatory reporting and operations. Almerini is Managing Member of Louis Almerini CPA, which provides outsourced CFO, FINOP, accounting, and related consulting services to clients directly or under contact as independent contractor with CFO Financial Partners. Since 2016, he has served as CFO or Chief Compliance Officer for several registered broker-dealers, investment advisers, and other companies.
DISH...

Hot Stocks

17:08 EST Paulson & Co. exits Dish, boosts Didi Global in Q3 - John Paulson's Paulson & Co. disclosed in an SEC filing its holdings as of September 30, 2021. The fund exited four positions during the third quarter, including by size of previous position Dish Class A (DISH), Discovery Class A (DISCA), EQT Corp. (EQT), and SandRidge Energy (SD). Paulson increased its stake in two holdings, namely Perpetua Resources (PPTA) and Didi Global (DIDI). The fund reduced its stake in 15 holdings, including by size of previous position Horizon Therapeutics (HZNP), Occidental (OXY), Kansas City Southern (KSU), Royal Dutch Shell (RDS.A), and Viatris (VTRS). Paulson's top holdings as of September 30, in order of size were Bausch Health (BHC), Horizon Therapeutics, Brightsphere Investment (BSIG), Novagold Resources (NG), and Perpetua Resources.
AXON

Hot Stocks

17:06 EST Axon jumps over 17% to $196 per share after Q3 earnings beat
KZR

Hot Stocks

17:05 EST Kezar Life Sciences jumps 67% above $14 per share after MISSION Ph2 trial data
TALO

Hot Stocks

17:03 EST Talos Energy, Freeport LNG to develop carbon capture project on Gulf Coast - Freeport LNG Development, L.P. and Talos Energy Inc. announced that the companies have executed a letter of intent to develop a carbon capture and sequestration project, the Freeport LNG CCS project, immediately adjacent to Freeport LNG's natural gas pretreatment facilities located near Freeport, Texas, on the Gulf Coast, approximately 60 miles southwest of Houston, Texas. The companies anticipate first injection could occur by year-end 2024. Talos will be the project manager and operator and will be joined by its partner, Storegga Geotechnologies Limited, the lead developer of the Acorn CCS project in the United Kingdom. The FLNG CCS project will utilize a Freeport LNG-owned geological sequestration site located less than half a mile from point of capture with up to a 30-year injection term and will permanently sequester CO2. The FLNG CCS project benefits from a dedicated source of CO2 and a secured injection site in close physical proximity and, therefore, has limited commercial barriers and a rapid execution timeline assuming efficient regulatory approval processes. Additionally, the site is located within 25 miles of up to an additional 15 million metric tonnes per annum of incremental CO2 emissions from major industrial sources, which offers the potential for expansion in the future. The FLNG CCS project is still subject to execution of definitive agreements.
JOBY...

Hot Stocks

16:58 EST Greenlight takes new position in Freyr Battery, boosts stake in Teck Resources - Greenlight Capital disclosed in an SEC filing its holdings as of September 30, 2021. Greenlight's ten new buys during the third quarter included, by size of position, iShares Silver Trust (SLV), Freyr Battery (FREY), and Stryve Foods (SNAX). Greenlight exited 22 positions during the quarter, including by size of previous position, Joby Aviation (JOBY), TD Synnex (SNX), Offerpad Solutions (OPAD), Ginkgo Bioworks (DNA), and CCC Intelligent Solutions (CCCS). Greenlight increased its stake in twelve holdings, including by size of previous position, Teck Resources (TECK), ODP Corp (ODP), Brighthouse Financial (BHF), LivaNova (LIVN), and Playstudios (MYPS). Greenlight reduced its stake in 13 holdings, including by size of previous position, Concentrix (CNXC), Chemours (CC), Resideo (REZI), FuboTV (FUBO), and EchoStar (SATS). Greenlight's top holdings as of September 30, in order of size, were Green Brick Partners (GRBK), Brighthouse Financial, Atlas Air (AAWW), Teck Resources, and Change Healthcare (CHNG).
HLT...

Hot Stocks

16:54 EST Ackman's Pershing Square exits Agilent, boosts Chipotle in Q3 - William Ackman's Pershing Square Capital disclosed in an SEC filing its holdings as of September 30, 2021. The fund exited one position during the third quarter, namely Agilent (A). Pershing Square increased its stake in six holdings, including by size of previous position Chipotle (CMG), Hilton Worldwide (HLT), Lowe's (LOW), Domino's Pizza (PZZA), and Restaurant Brands (QSR). The fund's top holdings as of September 30, in order of size, were Lowe's, Chipotle, Hilton Worldwide, Restaurant Brands, and Howard Hughes (HHC).
CUBE

Hot Stocks

16:52 EST CubeSmart to acquire 100% of units of LAACO Ltd for about $1.69B - CubeSmart announced that it has entered into an agreement to acquire 100% of the outstanding partnership units of LAACO, Ltd., the owner of the Storage West platform for approximately $1.69B, which includes approximately $40.9M of LAACO debt that will be repaid at, or shortly after, the closing. The transaction is expected to close in the fourth quarter of 2021, and is subject to customary closing conditions.
EFC

Hot Stocks

16:52 EST Ellington Financial reports estimated book value per share at Oct. 31 of $18.35 - Ellington Financial announced its estimated book value per share of common stock of $18.35 as of October 31, 2021. This estimate includes the effect of the previously announced monthly dividend of 15c per share of common stock, payable on November 26, 2021 to holders of record on October 29, 2021, with an ex-dividend date of October 28, 2021.
CRS

Hot Stocks

16:48 EST Carpenter Technology appoints Shakthimani Logasundaram chief digital officer - Carpenter Technology announced that Shakthimani Logasundaram has joined the company in the role of chief digital officer, effective November 15. In this newly created position of chief digital officer, Logasundaram will be responsible for developing and executing the next phase of the company's end-to-end digital strategy and value realization. Prior to joining Carpenter Technology, since 2017 Logasundaram was VP and chief digital and information officer of Honeywell's performance materials and technologies segment, where he led an end-to-end technology transformation journey focused on enabling revenue growth, operational effectiveness and integrated data and processes.
TBLT

Hot Stocks

16:46 EST ToughBuilt receives 180 day extension to regain compliance with Nasdaq - ToughBuilt announced that the company received a 180 calendar day extension from Nasdaq's Listing Qualification Department to meet Nasdaq's continuing listing requirements by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. The company now has until May 14, 2022 to meet Nasdaq's minimum bid requirement. This current notification from Nasdaq has no immediate effect on the listing or trading of the Company's common stock, which will continue to trade on the Nasdaq Capital Market.
AMRN

Hot Stocks

16:44 EST Amarin reports subgroup data from Vascepa/Vazkepa trial at AHA - Amarin announced that data adding to the growing body of knowledge on Vascepa/Vazkepa in patients with prior peripheral artery disease, or PAD, at risk for major adverse cardiovascular events were delivered in a Rapid Fire Oral Session Presentation at the American Heart Association, or AHA, Scientific Sessions, which took place virtually from November 13-15. The Rapid Fire Oral Session presentation included both prespecified and post hoc analyses of patients who had PAD prior to randomization in the REDUCE-IT study to determine if treatment with Vascepa reduced further ischemic events in those subjects. The investigators concluded that, "Icosapent ethyl 4 g/day significantly reduced total (first and subsequent) primary endpoints by 32%, and trended toward a 22% reduction in first events, in patients with PAD. Icosapent ethyl provides substantial cardiovascular risk reduction in the high-risk REDUCE-IT population, with consistent benefits in patients with a history of PAD. Safety was generally consistent with the overall study. Overall tolerability and adverse events were generally similar between icosapent ethyl and placebo in patients with prior PAD. More atrial fibrillation/flutter occurred with icosapent ethyl versus placebo in patients with prior PAD (5.2% versus 2.6%, respectively; P=0.07). No differences in bleeding were observed between icosapent ethyl and placebo in patients with prior PAD, likely due to the sample size."
AMTB

Hot Stocks

16:43 EST Amerant Bancorp shareholders approve clean-up merger - Amerant Bancorp announced that its shareholders approved a clean-up merger pursuant to which a subsidiary of the company will merge with and into the company. The Merger will simplify Amerant's capital structure by automatically converting shares of the company's Class B common stock into the company's shares of Class A common stock.Under the terms of the Merger, each outstanding share of Class B common stock will be automatically converted to 0.95 of a share of Class A common stock without any action on the part of the holders of Class B common stock; however, to the extent any shareholder, together with its affiliates, would own more than 8.9% of the outstanding shares of Class A common stock following the Merger, such holder's shares of Class A common stock or Class B common stock, as the case may be, will be converted into shares of a new class of Non-Voting Class A common stock, solely with respect to holdings that would be in excess of the 8.9% limit. The company currently intends the Merger to be effective on Thursday November 18th at 12:01 a.m. Eastern Time. Following the completion of the Merger, only the Company's shares of Class A common stock will trade on the NASDAQ under the symbol "AMTB". The Company expects that Wednesday November 17, 2021 will be the last day of trading of its shares of Class B common stock on the NASDAQ. "We are pleased to announce that our Class A and Class B shareholders were supportive of the view held by our Board and management regarding the benefits of having a single class of publicly traded common equity" stated Jerry Plush, Vice Chairman and CEO. "We can now focus on seeking alternatives to reduce our total cost of capital by optimizing its composition and by evaluating other ways to increase returns to our shareholders."
SC...

Hot Stocks

16:43 EST Elliott buys Citrix, exits Pinterest in Q3 - Paul Singer's Elliott Management disclosed in an SEC filing its holdings as of September 30, 2021. The fund's six new buys during the third quarter included, by size of position, Santander Consumer (SC), Citrix Systems (CTXS), Healthcare Trust of America (HTA), Valaris (VAL), and APA Corp (APA). Elliott exited six holdings during the quarter, including by size of previous position Endeavor (EDR), Snap (SNAP), Dropbox (DBX), Pinterest (PINS), and Trade Desk (TTD). The fund reduced its stake in four holdings, including by size of previous position Arconic (ARNC), Frontier Communications Parent (FYBR), E2open Parent Holdings (ETWO), and Peabody Energy (BTU). Elliott's top holdings as of September 30, in order of size, were Dell Technologies Class C (DELL), Howmet Aerospace (HWM), Evergy (EVRG), Marathon Petroleum (MPC), and Twitter (TWTR).
CFG

Hot Stocks

16:42 EST Citizens Financial completes acquisition of JMP Group - Citizens Financial Group announced that it has completed its acquisition of JMP Group LLC. JMP, which was founded in 1999 and is headquartered in San Francisco, will operate as a wholly-owned subsidiary of Citizens.
CENX

Hot Stocks

16:39 EST Century announces letter of intention with Qair for supply of wind power - Century Aluminum announced that its wholly-owned subsidiary, Norural Grundartangi, and Qair, an independent renewable power producer, have signed a letter of intent for the supply to the Grundartangi smelter of green electricity originating from two of Qair's windfarms with a total installed capacity of 200 MW under development in Iceland. In addition, the two companies have agreed to join forces in the development of a solution to capture CO2 from the Grundartangi smelter. If successful, the captured CO2 would be used for the production of eFuel in connection with Qair's hydrogen plant which is planned on a site next to Grundartangi. "At Century we are committed to the highest possible environmental standards across all of our operations, as evidenced by our continued focus on reducing the carbon footprint of our aluminum products and working to minimize greenhouse gas emissions, commented Gunnar Gulaugsson, Executive Vice President, Global Operations and Managing Director of Norural. "Our cooperation with Qair at Grundartangi could prove to become an important step in our journey to lower carbon emissions."
ALIT...

Hot Stocks

16:38 EST Appaloosa takes stake in Walmart, exits position in Netflix - Appaloosa disclosed in an SEC filing its holdings as of September 30, 2021. Appaloosa's three new buys during the third quarter included, by size of position, Alight (ALIT), Walmart (WMT), and Ovintiv (OVV). Appaloosa exited six positions during the quarter, including by size of previous position, Emerson Electric (EMR), Netflix (NFLX), BP (BP), and Royal Dutch Shell (RDS.A, RDS.B). Appaloosa increased its stake in eleven holdings, including by size of previous position, Macy's (M), Goodyear Tire & Rubber (GT), EQT Corp (EQT), Antero Resources (AR), and Alphabet Class C (GOOG). Appaloosa reduced its stake in 27 holdings, including by size of previous position, Micron (MU), Amazon (AMZN), Alibaba (BABA), PG&E (PCG), and Meta Platforms (FB). Appaloosa's top holdings as of September 30, in order of size, were Alphabet Class C, Meta Platforms, T-Mobile (TMUS), Amazon, and Occidental Petroleum (OXY).
VSH

Hot Stocks

16:37 EST Vishay board increases quarterly dividend 5% to 10c per share - Vishay Intertechnology announced that the Company's Board of Directors declared a dividend of 10c per share of common stock and Class B common stock, a 5% increase over the previous quarter's dividend, to be paid December 17, 2021 to stockholders of record as of the close of business on December 7, 2021.
BRK.A...

Hot Stocks

16:37 EST Berkhire Hathaway buys Royalty Pharma, exits Merck in Q3 - Warren Buffett's Berkshire Hathaway (BRK.A) disclosed in an SEC filing its holdings as of September 30, 2021. The fund's two new buys during the third quarter included Royalty Pharma Class A (RPRX) and Floor & Decor (FND). Berkshire exited three holdings during the quarter, including by size of previous position Merck (MRK), Liberty Global Class C (LBTYK), and Organon (OGN). The fund increased its stake in one holding, namely Chevron (CVX). Berkshire reduced its stake in seven holdings, including by size of previous position AbbVie (ABBV), Charter (CHTR), Bristol-Myers (BMY), Visa (V), and Mastercard (MA). The fund's top holdings as of September 30, in order of size, were Apple (AAPL), Bank of America (BAC), American Express (AXP), Coca-Cola (KO), and Kraft Heinz (KHC).
TALK

Hot Stocks

16:36 EST Talkspace CEO Oren Frank steps down, Douglas Braunstein named interim CEO - Talkspace announced that its co-founder and CEO, Oren Frank, has decided to step down from his position as CEO and board member of Talkspace, effective immediately. Roni Frank, co-founder and head of clinical Services, is also stepping down from her role and from the board of directors. The Franks will serve as strategic advisors to the board for the next six months. The board will conduct a search for a new CEO, and has retained Korn Ferry to advise on the search process. As part of the transition plan, chairman Douglas Braunstein will step in as interim CEO to oversee the executive leadership team until a new CEO has been identified.
CBOE

Hot Stocks

16:34 EST Cboe Global Markets to acquire Aequitas Innovations for undisclosed amount - Cboe Global Markets announced it has entered into a definitive agreement to acquire Aequitas Innovations, more commonly known as NEO, a fintech organization that comprises of a fully registered Tier-1 Canadian securities exchange with a diverse product and services set ranging from corporate listings to cash equity trading. Ownership of NEO will help allow Cboe to provide a more fulsome Canadian equities offering, operating the NEO Exchange, a national securities exchange with trading, listings and other services, in addition to MATCHNow, the alternative trading system acquired by Cboe in 2020. The transaction, which Cboe plans to fund with cash on hand, supplemented by increased debt, if needed, is expected to close in the first half of 2022, subject to regulatory review and other customary closing conditions. Terms of the deal were not disclosed, however, the company noted that the purchase price is not material from a financial perspective and expects it to be nominally accretive. Legal advisors to Cboe Global Markets on the transaction are Blake, Cassels & Graydon LLP, with TD Securities serving as financial advisor.
AFL

Hot Stocks

16:34 EST Aflac announces 21.2% increase in Q1 dividend to 40c per share - Aflac Incorporated announced that its Board of Directors has declared the first quarter dividend of 40c per share, payable on March 1, 2022, to shareholders of record at the close of business on February 16, 2022. This represents a 21.2% increase over the previously declared fourth quarter dividend. Commenting on the announcement, Aflac Incorporated Chairman and CEO Daniel P. Amos said: "I am pleased with the Board's action to increase the first quarter 2022 dividend. We treasure our record of 39 consecutive years of dividend increases, and our dividend track record is supported by the strength of our capital and cash flows. We remain committed to maintaining strong capital ratios on behalf of our policyholders and balance this financial strength with tactical capital deployment."
KULR

Hot Stocks

16:34 EST KULR Technology reports Q3 EPS (1c), three estimates (2c) - Reports Q3 revenue $600,921, three estimates $600,000. On September 30, 2021, the company reported cash balances of $11M compared with $8.9M on December 31, 2020. KULR received approximately $6.5M of cash in the months of October 2021 and November 2021 from the exercise of warrants to purchase an aggregate of 2,600,000 shares. "This funding leaves KULR well positioned to expand operations, support new business, and fund ongoing product development initiatives despite facing macro-economic headwinds," the company said.
KKR

Hot Stocks

16:33 EST Beacon Pointe announces investment from KKR - Beacon Pointe, LLC, parent company to Beacon Pointe Advisors, LLC and KKR announced the signing of a definitive agreement under which KKR will make an investment in Beacon Pointe. The Beacon Pointe team will continue to own over 50% of the Company going forward, and Abry Partners will fully exit its investment in Beacon Pointe as a result of this transaction. KKR's investment will provide Beacon Pointe with growth capital to support key priorities and continue the company's strategy for national expansion through new office openings and acquisitions, the company said in a statement. KKR is making its investment in Beacon Pointe through its North American private equity strategy. The transaction is expected to close before year-end, subject to customary closing conditions.
VWE

Hot Stocks

16:32 EST Vintage Wine Estates announces the acquisition ACE Cider - Vintage Wine Estates announced the acquisition of ACE Cider, The California Cider Company, which is expected to close November 16, 2021. "This strategic acquisition adds an innovative product line to our RTD, ready-to-drink, category and brings us access to a significant new sales channel for distribution, through which we expect we can push many of our brands," commented Pat Roney, VWE CEO. "ACE is an excellent complement to our wine portfolio and its products are distributed through the beer channel which provides a new growth opportunity for all of our RTD products. Importantly, this provides another platform from which we can expand by executing our strategy of consolidating highly fragmented offerings where we can leverage our production and marketing expertise to gain market share, capture more customers and increase volume."
TALO

Hot Stocks

16:32 EST Talos Energy, Freeport LNG to develop CCS project on Texas Gulf Coast - Talos Energy and Freeport LNG Development, L.P. announced that the companies have executed a letter of intent to develop a carbon capture and sequestration project, the Freeport LNG CCS project, immediately adjacent to Freeport LNG's natural gas pretreatment facilities located near Freeport, Texas, on the Gulf Coast, approximately 60 miles southwest of Houston, Texas. The companies anticipate first injection could occur by year-end 2024. Talos will be the project manager and operator and will be joined by its partner, Storegga Geotechnologies Limited, the lead developer of the Acorn CCS project in the United Kingdom. The FLNG CCS project will utilize a Freeport LNG-owned geological sequestration site located less than half a mile from point of capture with up to a 30-year injection term and will permanently sequester CO2.
AAP

Hot Stocks

16:32 EST Advance Auto Parts reports Q3 SSS up 3.1%
MCW

Hot Stocks

16:31 EST Mister Car Wash opens new location in Marion, Iowa - Mister Car Wash announced the opening of its newest location at 3957 Katz Drive in Marion, Iowa just outside of Cedar Rapids. "The growth we've experienced in Cedar Rapids is indicative of how customers are seeing the convenience of our express exterior model and how easy it can be to keep their cars clean," said Ryan Darby, Vice President of Development and Construction at Mister Car Wash. "With the opening of our Marion location we will have added an additional three stores in the area in just under two years. We are proud to be part of and grow alongside this great community."
FPI

Hot Stocks

16:31 EST Farmland Partners announces acquisition of Murray Wise Associates LLC - Farmland Partners announced that it has acquired 100% of the equity interests in Murray Wise Associates LLC. The acquisition creates an unparalleled platform for farmland investing, including publicly traded equity, private asset management, individual farm purchases and individual farm management, and increases FPI's total farmland owned and/or managed by approximately 16,700 acres, the company said in a statement. The purchase price of MWA is $5M in cash and approximately $3M in FPI common stock. The acquisition includes approximately $3.8M in net current assets. In addition, FPI has entered into an incentive compensation arrangement for up to $3M in FPI common stock for the benefit of key current and prospective employees, the receipt of which is tied to achieving certain profitability and AUM objectives within three years after the closing.
SWX...

Hot Stocks

16:30 EST Icahn buys Southwest Gas, cuts Occidental in Q3 - Carl Icahn's Icahn Capital disclosed in an SEC filing its holdings as of September 30, 2021. The fund's one new buy during the third quarter was Southwest Gas (SWX). Icahn increased its stake in two holdings, namely Dana (DAN) and Icahn Enterprises (IEP). The fund reduced its stake in two holdings, including Occidental (OXY). Icahn's top holdings as of September 30, in order of size, were Icahn Enterprises, Cheniere Energy (LNG), Occidental, CVR Energy (CVI), and Newell Brands (NWL).
JBLU

Hot Stocks

16:26 EST JetBlue says new infrastructure bill 'enables meaningful enhancements' - JetBlue issued the following statement regarding the bipartisan Infrastructure Investment and Jobs Act: "JetBlue welcomes President Biden's signing of the bipartisan Infrastructure Investment and Jobs Act today. This legislation positions our nation to manage the challenges of climate change, a long-held priority for JetBlue as we have committed to achieve net zero carbon emissions by 2040. We are particularly excited about the bill's aviation investments including $25 billion for airports and its focus on bolstering aviation workforce diversity, another JetBlue priority." JetBlue CEO Robin Hayes, who attended the White House signing ceremony, added: "This legislation enables meaningful enhancements to our nation's roads, bridges and railways and will make travel safer, greener, and more equitable in all communities. Congratulations to President Biden and Congressional leaders - particularly JetBlue's home-state Senator Majority Leader Schumer - on this accomplishment."
BILI...

Hot Stocks

16:23 EST Lone Pine boosts Twitter stake, reduces Meta Platforms stake - Lone Pine Capital disclosed in an SEC filing its holdings as of September 30. Lone Pine's six new buys during the third quarter included, by size of position, Bilibili (BILI), VTEX (VTEX), NetEase (NTES), and Freshworks (FRSH). Lone Pine exited three positions during the quarter, Global Payments (GPN), Mastercard (MA), and SentinelOne (S). Lone Pine increased its stake in ten holdings, including by size of previous position, Twitter (TWTR), Workday (WDAY), RH (RH), PVH Corp (PVH), and TransDigm (TDG). Lone Pine reduced its stake in 17 holdings, including by size of previous position, Meta Platforms (FB), Amazon (AMZN), Shopify (SHOP), Marqeta (MQ), and Adobe (ADBE). Lone Pine's top holdings as of September 30, in order of size, were Shopify, Snap (SNAP), DoorDash (DASH), ServiceNow (NOW), and Microsoft (MSFT).
SWX IEP

Hot Stocks

16:21 EST Southwest Gas responds to director nominations from Carl Icahn - Southwest Gas Holdings, Inc. (SWX) confirmed that Icahn Enterprises LP (IEP) has provided notice of its intent to nominate 10 candidates to stand for election to take control of the company's Board of Directors at the company's 2022 Annual Meeting of Stockholders, the date of which has not yet been determined. The company issued the following statement regarding Icahn's director nominations: "Under the Board's oversight, we have created a company that is poised for further value creation across each of its businesses and the Company as a whole. Icahn's nomination of the Icahn slate follows the Board's rejection of Icahn's unsolicited, inadequate, structurally coercive, highly conditional and illusory tender offer to acquire the outstanding shares of the Company. The nomination of the Icahn slate is the latest step in Icahn's efforts to take control of Southwest Gas without paying a control premium to Southwest Gas stockholders and otherwise pursue his self-serving agenda. The Board values constructive dialogue with its investors with the mutual goal of enhancing value for all stakeholders - including for our local communities in partnership with our regulators in each of our three state commissions. As we do with all stockholders, members of the Company's management team have engaged directly with Icahn to hear his views and share ours. In these conversations, Icahn has criticized the pending Questar Pipelines acquisition and pressured Southwest Gas to pursue different alternatives for financing the acquisition - some of which treat Icahn differently than other stockholders... the Icahn slate has been assembled with one goal in mind-to facilitate Icahn's effort to take control of Southwest Gas without paying a control premium."
FTI XOM

Hot Stocks

16:21 EST TechnipFMC awarded large subsea contract by Exxon Mobile affiliate - TechnipFMC (FTI) has been awarded a large contract by Exxon Mobil Corporation (XOM) affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Yellowtail development. Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system. The scope of the project includes 51 enhanced vertical deepwater trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment. For TechnipFMC, a "large" contract is between $500 million and $1 billion; the full contract award will not be included in inbound orders until the project receives final investment decision and government approvals.
OKE

Hot Stocks

16:20 EST Oneok to complete announced natural gas infrastructure projects - ONEOK announced plans to complete previously announced natural gas and natural gas liquids, or NGL, infrastructure projects, including Demicks Lake III, a 200 million cubic feet per day, or MMcf/d, natural gas processing facility in the Williston Basin. MB-5, a 125,000-barrel per day, or bpd, NGL fractionator in Mont Belvieu, Texas. The remaining capital investment necessary to complete these projects is significantly less than building greenfield facilities, and will provide needed capacity at an attractive return on invested capital.
MKL

Hot Stocks

16:20 EST Markel announces winddown of Lodgepine - Markel Corporation announced that it is winding down Lodgepine Capital Management Limited, its retrocessional Insurance Linked Securities fund manager based in Bermuda. Markel launched Lodgepine in 2019, with product offerings focused on property catastrophe retrocessional investments. "Despite best efforts and in light of headwinds in the retrocessional ILS market, including a challenging fundraising environment, Lodgepine will cease to write any new business and commence the orderly run-off of its existing portfolio and the return of capital to investors. The company has entered into a consultation period with Lodgepine's 18 employees and will look for redeployment opportunities for these employees within Markel's operations."
LFG NWN

Hot Stocks

16:20 EST Archaea Energy signs 21-year RNG pact with Northwest Natural Gas - Archaea Energy Inc. (LFG) announced that its subsidiary Archaea Holdings, LLC has entered into a long-term RNG purchase and sale agreement with Northwest Natural Gas Company, a subsidiary of NW Natural Holdings (NWN). NW Natural provides natural gas service to approximately 2.5M people in Oregon and Southwest Washington. Under the agreement, NW Natural will purchase the environmental attributes generated by Archaea related to up to one million MMBtu of RNG annually from its portfolio of RNG production facilities for a fixed fee for a period of 21 years. The agreement will commence in early 2022, with the full annual quantity beginning in 2025. The RNG produced by Archaea for this long-term partnership is expected to have a positive impact through avoided methane emissions at U.S. landfills and displacement of conventional natural gas. "We are pleased to partner with NW Natural and look forward to our multi-decade business relationship," said Nick Stork, Archaea co-founder and CEO. "This agreement, our first with a U.S. utility, is a testament to the strength of our commercial offerings and highlights our ability to help utilities provide lower carbon options to their customers and achieve their sustainability goals."
OLN

Hot Stocks

16:19 EST Olin announces retirement of Pat Dawson, President, Epoxy and International - Olin Corporation announced that Pat D. Dawson, Olin's Executive Vice President and President, Epoxy and International, will retire from Olin effective April 30, 2022, or an earlier mutually agreeable date. Dawson will remain with Olin as an Executive Vice President until his retirement, focusing on business leadership transition activities and strategic business projects. Damian Gumpel, Olin's current Vice President and President, Chlor Alkali Products and Vinyls will become its Vice President and President, Epoxy and Corporate Strategy, effective November 29, 2021.
RKLB

Hot Stocks

16:18 EST Rocket Lab to acquire Planetary Systems Corporation for $42M - Rocket Lab USA announced it has signed a definitive agreement to acquire Planetary Systems Corporation, a Maryland-based spacecraft separation systems company, for $42M in cash and 1,720,841 shares of the company's common stock, plus the potential for an additional 956,023 shares of common stock for a performance earnout based on PSC's CY 2022 and 2023 financial results. The acquisition is expected to close in the fourth quarter of 2021.
NEPT

Hot Stocks

16:17 EST Neptune Wellness to eliminate non-core operations, reduce personnel by 10%
IVT

Hot Stocks

16:17 EST InvenTrust Properties Corp. names David Heimberger CIO - InvenTrust Properties Corp. announced that David Heimberger, InvenTrust's Senior Vice President of Capital Markets, Investor Relations and Transactions has been promoted to the role of Chief Investment Officer, effective immediately. As Chief Investment Officer, Mr. Heimberger will be responsible for developing and executing on InvenTrust's investment strategy, including continuing to lead the Company's transactions team and overseeing all property level acquisitions and dispositions. Mr. Heimberger will also continue to lead the Company's Investor Relations and Capital Markets teams.
NEPT

Hot Stocks

16:17 EST Neptune Wellness completes strategic review, unveils action plan - Neptune Wellness Solutions announced that, following the Company's establishment of a Strategic Review Committee in August of calendar year 2021, the Board of Directors has approved a comprehensive action plan presented by Neptune's management team to unlock shareholder value.The action plan includes short-term and long-term cost-cutting initiatives and the immediate reorganization of Neptune's operations and resources, which are estimated to generate annual cost savings of over $10M and streamline operations. Following approval by the Board of Directors, management today implemented and executed the following actions: Resource prioritization on three core product lines and operations: Sprout Foods; Cannabis; Biodroga. Elimination of non-core operations. Immediate reduction in personnel by approximately 10% to streamline operations, including the role of COO. Temporary freeze on non-essential hiring. Continued commitment to building a culture of improved transparency and accountability. "Following the Board approval of our proposed action plan, we immediately began implementing key initiatives with a renewed focus on our most promising brands, streamlining Neptune's management structure and eliminating non-core operations," stated Michael Cammarata, President and Chief Executive Officer of Neptune Wellness. "We are really proud of the progress we've seen in the rollout of our cannabis brands, Mood Ring and PanHash, as well as the growth of Biodroga, which is underpinned by our patented MaxSimil technology. For Sprout, we continue to increase our retail footprint and anticipate a successful CoComelon(TM) product launch by the end of the year. We intend to prioritize the continued success of these brands, and, in addition, we are focused on streamlining Sprout's operations and improving supply chain efficiency. We believe that our action plan will lead to immediate and recurring cost savings, as well as allow us to focus on our product lines and brands with high margin growth potential. Management will continue to evaluate Neptune's strategic position and operational priorities on an ongoing basis to ensure it maximizes shareholder value."
GOEV

Hot Stocks

16:15 EST Canoo sees FY21 CapEx $60M-$80M, operating expenses $95M-$115M
CMP

Hot Stocks

16:12 EST Compass Minerals to invest $80M from dividend cut toward strategic expansion - Compass Minerals announced a new direction for the company's capital allocation strategy. Specifically, the company's board of directors has declared a quarterly cash dividend of 15c per share, enabling the company to reinvest additional capital in recently announced growth projects. This dividend is payable Dec. 20, 2021, to shareholders of record as of the close of business on Dec. 10, 2021. Compass Minerals expects to reinvest the approximately $80M of cash it anticipates retaining annually from this dividend reduction primarily toward a strategic expansion of the company's essential minerals product portfolio. As a result, the company expects to meaningfully increase both its earnings capacity and shareholder value over the long term while maintaining strong liquidity levels. Compass Minerals' board of directors will continue to evaluate the company's capital allocation needs on an ongoing basis to balance supporting the investment needs of the business with returning cash to shareholders. The company previously indicated that it was undertaking a reassessment of its capital allocation strategy as part of its July 2021 announcement of a 2.4 million metric ton sustainable lithium resource identified at its Ogden, Utah, solar evaporation site. The purpose of the assessment was to weigh the intrinsic value creation potential of recently announced growth opportunities in the lithium and fire retardant markets against the historical practice of returning capital through dividends. Since that time, the company's board of directors and senior management team have jointly evaluated a number of potential scenarios to better align the dividend level with the company's expected future capital allocation needs, peer trends and current equity market dynamics.
GAEGF TRSSF

Hot Stocks

16:11 EST Gage Growth receives final court approval for acquisition by TerrAscend - Gage Growth Corp. (GAEGF) announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act pursuant to which TerrAscend Corp. (TRSSF) will acquire all of the issued and outstanding securities of Gage. "We are thrilled to announce that the Arrangement has received the necessary approvals from the courts," said Fabian Monaco, CEO of Gage. "As consumer demand for high quality cannabis escalates across the U.S., we look forward to maximizing our cultivation, manufacturing and retail capabilities once we become official members of the TerrAscend team." The Arrangement remains subject to customary closing conditions, including the receipt of certain cannabis regulatory approvals in the State of Michigan.
SNDX

Hot Stocks

16:10 EST Syndax sees FY21 R&D expenses $90M-$100M - Sees FY21 total operating expenses $110M-$120M.
KZR

Hot Stocks

16:10 EST Kezar Life Sciences reports interim results from MISSION Phase 2 trial - Kezar Life Sciences reported interim results from the Phase 2 portion of its MISSION clinical trial evaluating KZR-616, a first-in-class selective immunoproteasome inhibitor, in patients with active, proliferative lupus nephritis. "The MISSION Phase 2 interim results present a strong signal that KZR-616 is active and could be a meaningful therapy for patients with lupus nephritis, a long term and difficult to treat disease," said Noreen R. Henig, M.D., Kezar's Chief Medical Officer. "Reduction in proteinuria, as quickly as possible, is an important therapeutic goal for patients with lupus nephritis, and we observed meaningful reductions at 6 months as well as encouraging data at 3 months. KZR-616 continues to appear to be immunomodulatory rather than immunosuppressive, which we believe could offer advantages over current treatments available. Based on these interim findings, we look forward to reporting top-line data in the second quarter of 2022." Clinically meaningful renal response was observed at end of treatment. 3 of 5 patients achieved a 50% or greater reduction in UPCR at week 25 compared to baseline, the primary efficacy endpoint of the clinical trial. 4 of the 5 patients who completed treatment at week 25 with KZR-616 demonstrated clinically meaningful reduction in proteinuria to less than 0.8 UPCR: 2 patients showed a CRR and had a reduction of absolute proteinuria values to equal to or less than 0.5 UPCR. 2 patients showed a PRR and had a reduction of absolute proteinuria values to between 0.5 and 0.8 UPCR. Clinically meaningful reductions in UPCR were also observed in 5 of 10 patients at week 13 of KZR-616 and included improvements in key disease biomarkers. KZR-616 was well tolerated over the six-month treatment period. No new safety signals were observed in the Phase 2 portion of the MISSION trial. Adverse events were generally mild-to-moderate. There were no study discontinuations due to drug related adverse events. There was one temporary interruption of study drug due to a Grade 3 serious adverse event, the occurrence of a migraine, and one discontinuation unrelated to the study drug. Top-line data from the Phase 2 MISSION trial in patients with lupus nephritis are expected in the second quarter of 2022.
AXON

Hot Stocks

16:09 EST Axon reports YTD bookings nearly $1.2B, above FY20 levels
INTU

Hot Stocks

16:07 EST Intuit names Suzanne Nora Johnson as new board chair - Intuit announced that Suzanne Nora Johnson has been appointed by the Intuit Board of Directors to the role of Board Chair, effective in January 2022, following the Annual Meeting of Shareholders. Brad Smith, who served as CEO of Intuit from 2008 to 2018, Chairman from 2016 to 2018, and Executive Chairman since January 2019, will step down from that position immediately following the Annual Meeting. Smith intends to stand for re-election as a non-executive director of the company at the Annual Meeting.
DNMR

Hot Stocks

16:06 EST Danimer Scientific sees FY21 capex $200M-$210M - The Company expects to continue its acceleration of investments in headcount, inclusive of Novomer, to build out the operational platform and infrastructure needed to support its production capacity expansion and sales growth objectives. The Company continues to expect that improved operating rates will contribute to Adjusted EBITDA and cash flow from operations. Based on the timing of customer product launches, the Company continues to expect its second half 2021 revenue to be weighted towards the fourth quarter. The Company now expects full year capital expenditures to be in the range of $200 million to $210 million mainly due to the accelerated groundbreaking of the Company's greenfield facility in Bainbridge, Georgia as well as phase II construction moving faster than previously anticipated.
CWBHF

Hot Stocks

16:05 EST Charlotte's Web substantially resolved supply chain issues in October - "Temporary supply chain disruptions affected some product availability, dampening revenue growth for the quarter. We substantially resolved these issues in October and are back on our growth trajectory with the holiday buying season in the fourth quarter," explained Wes Booysen, Charlotte's Web Chief Financial Officer. "In parallel, we are streamlining operations and reducing expenses to position the business for positive Adjusted EBITDA in 2022."
SPRB

Hot Stocks

16:04 EST Spruce Biosciences names Mike Grey interim CEO - Spruce Biosciences announced the appointment of Mike Grey as interim Chief Executive Officer, effective immediately. Mr. Grey currently serves as Executive Chairman of the Spruce Board, and will succeed Richard King, who is retiring after a 35-year career in the life sciences industry. Mr. King will remain a strategic advisor to the company through December 31, 2021. Spruce's Board will initiate a candidate search to identify a permanent Chief Executive Officer. "On behalf of the entire Board, I want to thank Richard for his leadership during a transformative time in Spruce's history," said Mike Grey, Interim CEO and Executive Chairman, Spruce Biosciences. "We thank him for his significant contributions to the company and to patients with rare endocrine diseases."
LCID

Hot Stocks

16:02 EST Lucid Group surpassed 13,000 reservations in Q3 - Surpassed 13,000 reservations in Q3 for estimated order book of greater than $1.3B. Peter Rawlinson, CEO & CTO of Lucid, said, "We are tremendously excited by our accomplishments in our first quarter as a publicly traded company. We successfully began production of vehicles for customer deliveries, continued investing in capacity expansion of our manufacturing facility in Arizona, and opened new retail and service locations in advance of the Lucid Air launch. We were also pleased to receive independent validation by the EPA of our industry-leading range of over 500 miles for the Lucid Air. Our progress this quarter demonstrates our focus on execution, our cutting-edge technology, and our vision to help with solutions to address the climate challenges we all face. We look forward to ramping up production of our Grand Touring, Touring, and Pure models and expanding our footprint internationally."
AMZN XM

Hot Stocks

16:01 EST AWS, Qualtrics expand relationship over customer feedback - Amazon Web Services (AMZN) and Qualtrics (XM) announced they are expanding their relationship, with Qualtrics migrating its internal IT systems and customer-facing workloads to the world's leading cloud. The migration includes Qualtrics' complete portfolio of experience management (XM) applications and its xFlow automated workflow system. Qualtrics selected AWS as its preferred cloud provider to enhance operational performance, expand globally, and develop new features that help uncover deeper insights for its customers. Qualtrics will be able to provide customers with actionable insights faster and more efficiently using AWS's proven infrastructure and broad capabilities, including machine learning, analytics, databases, security, and compute.
LCID

Hot Stocks

16:01 EST Lucid Group confirms win of 2022 MotorTrend Car of the Year
VLNCF

Hot Stocks

15:45 EST Valens to complete 3 for 1 share consolidation to meet Nasdaq listing rules - The Valens Company, a manufacturer of cannabis products, announced that as the next step in its Nasdaq listing process, it will be completing a three for one consolidation of its common shares on November 16 in order to meet Nasdaq listing requirements. The common shares are expected to commence trading on the Toronto Stock Exchange on a post-consolidation basis on November 18. "This announcement represents a milestone towards the listing of Valens' common shares on Nasdaq. With the recent progress in our application, paired with the share consolidation to meet minimum listing requirements, Valens expects to commence trading on Nasdaq before the end of 2021," said Tyler Robson, CEO of The Valens Company.
FGBI

Hot Stocks

15:11 EST First Guaranty Bancshares announces 10% stock dividend - First Guaranty Bancshares declared a 10% stock dividend to be paid on December 17, with a record date of December 15. "Over the years, continued strong earnings have enabled First Guaranty to declare and issue 10% stock dividends in February 2012, December 2015, December 2017, December 2019, and, presently, December 2021. As the book value has consistently been recovered within 14-17 months, First Guaranty Bancshares, Inc. shareholders have enjoyed enhanced value through both the original dividend income over the period of time plus the overall increase in market value. In addition to the 10% dividends in 2012, 2015, 2017, 2019, and 2021, First Guaranty Bancshares, Inc. has paid 113 consecutive quarterly cash dividends," said Alton Lewis, President and CEO.
GE

Hot Stocks

15:03 EST GE Healthcare announces FDA 510(k) clearance for X-ray AI for ETT placements - GE Healthcare announced it has received Food and Drug Administration 510(k) clearance for an artificial intelligence, or AI, algorithm to help clinicians assess Endotracheal Tube, or ETT, placements. "The AI solution is one of five included in GE Healthcare's Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization and quality control. GE has distributed this solution under the FDA COVID-19 imaging guidance since November 2020, citing its potential to impact clinicians who were experiencing an influx of critically ill COVID-19 patients who required ventilation... Over the past year, 200 hospitals have deployed the technology to assist with ETT placements. The FDA has now granted 510(k) clearance for this solution allowing its continued sale outside of the public health emergency," the company stated.
NFLX AAPL

Hot Stocks

14:53 EST Netflix says experiencing issues streaming on Apple devices - Netflix said in a notice posted to its Help Center site: "We are currently experiencing issues streaming on Apple iPad, iPhone, and/or iPod devices; however, other devices may still work. We are working to resolve the problem. We apologize for any inconvenience." Reference Link
AMZN

Hot Stocks

14:41 EST California AG announces agreement with Amazon over COVID-19 notifications - California Attorney General Rob Bonta announced what he called "a first-of-its-kind stipulated judgment" requiring Amazon to end "harmful labor practices that concealed COVID-19 case numbers from workers" and to provide key information on workplace protections in line with California's "right-to-know" law, Assembly Bill 685 authored by Assembly Majority Leader Eloise Gomez Reyes. "Throughout the pandemic, Amazon, as asserted in the complaint, failed to adequately notify warehouse workers and local health agencies of COVID-19 case numbers, often leaving them in the dark and unable to effectively track the spread of the virus. As part of the stipulated judgment, Amazon will modify its COVID-19 notifications to workers and local health agencies, submit to monitoring regarding its COVID-19 notifications, and pay $500,000 toward further enforcement of California's consumer protection laws," the AG announced. Reference Link
WRBY...

Hot Stocks

14:20 EST Tiger Global boosts stake in Snowflake, exits TAL Education Group - Tiger Global disclosed in an SEC filing its holdings as of September 30, 2021. Tiger's new buys during the third quarter included Warby Parker (WRBY), Robinhood Markets (HOOD), Blend Labs (BLND), VTEX (VTEX), and Matterport (MTTR). Tiger exited one position during the quarter, TAL Education Group (TAL). Tiger increased its stake in Snowflake (SNOW), Sea Ltd (SE), DoorDash (DASH), Datadog (DDOG), and Ozon Holdings (OZON).
TWTR

Hot Stocks

14:04 EST Twitter announces 'major' updates to developer platform - Twitter said in a blog post that it is sharing some major updates to its developer platform, including "some of the biggest changes to date." Among the updates were: Making it easier to get started on the platform with the introduction of Essential access and opening up more access for free; Updating its Developer Policy to encourage new types of innovation that will lead to greater impact on the public conversation itself, and; Launching new features and officially making the v2 API the primary Twitter API. "We are on our way to building an open developer platform in public, and we're excited to release more useful endpoints, expand the canvas developers can build on in Twitter, and create opportunities for developers to monetize their innovation in the future," the company said. "We want to continue to drive value for the developer ecosystem and make it easier for you to build, innovate, and make an impact on the public conversation." Reference Link
MSFT...

Hot Stocks

13:55 EST 'Halo' TV series streaming in 2022 on Paramount+ - A television series based on Microsoft's (MSFT) "Halo" series of video games will be available to stream in 2022 exclusively on ViacomCBS's (VIAC) Paramount+, according to the series' Twitter account. Reference Link
MSFT

Hot Stocks

13:52 EST Microsoft says 'Halo Infinite' multiplayer beta available today - Microsoft announced that, in honor of the 20th anniversary of "Halo: Combat Evolved," season 1 of the multiplayer version of "Halo Infinite" is available in a beta starting today on Xbox One, Xbox Series X/S, and PC. The multiplayer game is free-to-play and was originally set to launch on December 8, when the single-player campaign of "Halo Infinite" will come out. Reference Link
NUVA GMED

Hot Stocks

13:17 EST NuVasive up 7% after Bloomberg says Globus Medical made takeover approach - Shares of NuVasive (NUVA) are up $3.66, or 7%, to $59.82 after Bloomberg's Michelle Davis reported that Globus Medical (GMED) made an approach with an offer for a potential takeover of its smaller rival. The companies have held early talks about a potential combination, sources tells Davis.
LVS...

Hot Stocks

13:15 EST Cooperman's Omega Advisors buys Las Vegas Sands, exits Ferro in Q3 - Leon Cooperman's Omega Advisors disclosed in an SEC filing its holdings as of September 30, 2021. The fund's ten new buys during the third quarter included, by size of position, Las Vegas Sands (LVS). Omega exited 12 positions during the quarter, including by size of previous position Ferro (FOE), Credit Suisse (CS), Pontem (PNTM), iShares MSCI Acwi Low Carbon Target ETF (CRBN), and Jaws Mustang Acquisition Corp. Class A (JWSM). The fund increased its stake in 15 holdings, including by size of previous position Coterra Energy (CTRA), Bausch Health (BHC), PennyMac Financial (PFSI), WillScot Mobile Mini (WSC), and General Motors (GM). Omega reduced its stake in seven holdings, including by size of previous position Navient (NAVI), MP Materials (MP), Ocwen (OCN), Barings BDC (BBDC), and Trinity Industries (TRN). The fund's top holdings as of September 30, in order of size, were Mr Cooper (COOP), Alphabet Class A (GOOGL), Athene (ATH), Fiserv (FISV), and Devon Energy (DVN).
ARWR JNJ

Hot Stocks

13:05 EST Janssen Pharmaceuticals presents clinical data from Phase 2b REEF-1 study - rrowhead Pharmaceuticals (ARWR) collaborator Janssen Pharmaceuticals (JNJ) presented clinical data from REEF-1, a Phase 2b study of different combination regimens, including JNJ-73763989, formerly called ARO-HBV, and/or JNJ-56136379, and a nucleos(t)ide analog for the treatment of chronic hepatitis B virus infection. The data were presented in a late breaking oral presentation at The Liver Meeting, the Annual Meeting of the American Association for the Study of Liver Disease. JNJ-3989 is an investigational small interfering RNA that targets all hepatitis B virus RNAs, thereby reducing levels of all viral proteins. JNJ-6379 is an investigational capsid assembly modulator that inhibits viral replication by inducing the formation of non-infectious viral particles that are devoid of HBV DNA and RNA. Arrowhead entered into a license and collaboration agreement with Janssen in October 2018 to develop and commercialize JNJ-3989. REEF-1 is a Phase 2b, multicenter, double-blind, active-controlled, randomized study to assess the efficacy and safety over 48 weeks of monthly subcutaneous injections of JNJ-3989 and/or 250mg daily oral JNJ-6379 in combination with daily oral NA in currently not treated or virally suppressed patients with HBeAg positive or negative CHB. Patients were required to have HBsAg levels greater than 100 IU/mL to enter the study. The mean baseline HBsAg level was approximately 3.7 log10 IU/mL across all study arms. The primary endpoint of the study is the proportion of patients meeting NA stopping criteria at the end of treatment. Select data presented include the following: Pharmacodynamic Response in JNJ-3989 200 mg with NA cohort: The greatest reduction in HBsAg was observed in the JNJ-3989 200 mg with NA cohort. A dose dependent response was observed in other cohorts. At week 48, 19.1% of patients met NA stopping criteria. Up to week 72, an additional 10.6% of patients met NA stopping criteria for a total of 29.7%. At week 48, the mean reduction in HBsAg from baseline was 2.6 log10. At week 72, the mean reduction in HBsAg from baseline was 1.9 log10. At week 48, 74.7% of patients achieved HBsAg less than 100 IU/mL. Summary: A dose dependent response was observed. JNJ-3989 200 mg arm at Week 48:. 19.1% of patients met the primary endpoint. The greatest reduction of HBsAg levels from baseline. 74.7% of patients achieving HBsAg less than100 IU/mL. All regimens within this long-term study were generally well tolerated and have a favorable safety profile. Combination studies involving different mechanisms of action are ongoing.
IBIO

Hot Stocks

13:01 EST iBio announces collaboration with UT Southwestern for IBIO-100 - iBio announced a research collaboration with the University of Texas Southwestern Medical Center to explore in solid tumors the anti-cancer potential of the molecule that is part of the IBIO-100 program. Among all the stromal cells that present in the tumor microenvironment, cancer-associated fibroblasts are one of the most abundant and critical components of tumor tissue, which provide physical support for tumor cells and can promote or retard tumorigenesis in a context-dependent manner. CAFs are also involved in the modulation of many components of the immune system, and recent studies have revealed their roles in immune evasion and poor responses to cancer immunotherapy. In addition, CAF response to chemotherapy is highly variable.
VWAGY AUDVF

Hot Stocks

12:58 EST McLaren denies report on sale to Audi - McLaren Group released a statement on recent media reports, saying it is aware of a news media report stating it has been sold to Volkswagen's (VWAGY) Audi (AUDVF). "This is wholly inaccurate and McLaren is seeking to have the story removed," McLaren said. "McLaren's technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren Group." Reference Link
AL EADSY

Hot Stocks

12:56 EST Air Lease signs deal with Airbus covers 111 aircraft - Air Lease (AL) has signed a Letter of Intent covering all Airbus (EADSY) Families, highlighting the power of the company's full product range. The agreement is for 25 A220-300s, 55 A321neos, 20 A321XLRs, four A330neos and includes seven A350Fs. The order which will be finalised in the coming months, makes the Los Angeles based ALC one of Airbus' largest customers and lessor with the biggest A220 order book. Founded in 2010, ALC has ordered a total of 496 Airbus aircraft to date. With this order ALC and Airbus are launching a multi-million dollar ESG fund initiative that will contribute towards investment into sustainable aviation development projects that will in the future be opened to multiple stakeholders from the aircraft leasing and financing community and beyond. "This new order announcement is the culmination of many months of hard work and dedication by both organizations to optimize and fine tune the size and scope of this large aircraft transaction in view of the rapidly growing global airline demand to modernize their jet fleets through the ALC leasing medium," said Steven F Udvar-Hazy, Executive Chairman of Air Lease Corporation. "After lengthy and detailed consultations with several dozen of our strategic airline customers around the world, we are focusing this comprehensive order on the most desirable and in demand aircraft types, covering the A220, A321neo, A330neo and A350 families. ALC is an international Market Leader in each of these categories of the most modern Airbus product lineup. These multi- year additions of new technology aircraft assets to ALC's expanding portfolio will allow us to grow our revenues and profitability while satisfying our airline customer requirements."
AL EADSY

Hot Stocks

12:56 EST Air Lease signs deal with Airbus covers 111 aircraft - Air Lease (AL) has signed a Letter of Intent covering all Airbus (EADSY) Families, highlighting the power of the company's full product range. The agreement is for 25 A220-300s, 55 A321neos, 20 A321XLRs, four A330neos and includes seven A350Fs. The order which will be finalised in the coming months, makes the Los Angeles based ALC one of Airbus' largest customers and lessor with the biggest A220 order book. Founded in 2010, ALC has ordered a total of 496 Airbus aircraft to date. With this order ALC and Airbus are launching a multi-million dollar ESG fund initiative that will contribute towards investment into sustainable aviation development projects that will in the future be opened to multiple stakeholders from the aircraft leasing and financing community and beyond. "This new order announcement is the culmination of many months of hard work and dedication by both organizations to optimize and fine tune the size and scope of this large aircraft transaction in view of the rapidly growing global airline demand to modernize their jet fleets through the ALC leasing medium," said Steven F Udvar-Hazy, Executive Chairman of Air Lease Corporation. "After lengthy and detailed consultations with several dozen of our strategic airline customers around the world, we are focusing this comprehensive order on the most desirable and in demand aircraft types, covering the A220, A321neo, A330neo and A350 families. ALC is an international Market Leader in each of these categories of the most modern Airbus product lineup. These multi- year additions of new technology aircraft assets to ALC's expanding portfolio will allow us to grow our revenues and profitability while satisfying our airline customer requirements."
FB

Hot Stocks

12:53 EST Ohio AG sues Facebook over 'misleading' algorithm disclosures - Ohio Attorney General Dave Yost filed a lawsuit against Facebook for "misleading the public on how it controlled its proprietary algorithm all in an effort to boost its stock and deceive shareholders." The lawsuit, filed on behalf of the Ohio Public Employees Retirement System and Facebook investors, contends that from April 29 through Oct. 21, 2021, Facebook and its senior executives "violated federal securities laws by purposely misleading the public about the negative effects its products have on the health and well-being of children and the steps the company has taken to protect the public." Yost's lawsuit "not only seeks to recover that lost value but also demands that Facebook make significant reforms to ensure it does not mislead the public about its internal practices." Yost plans to ask the court by Dec. 27, 2021, to appoint Ohio Public Employees Retirement System as the lead plaintiff in his Facebook securities fraud action.
ACHR

Hot Stocks

12:23 EST Archer Aviation reports receipt of grand jury subpoenas - In a regulatory filing, Archer Aviation stated: "On April 6, 2021, Wisk brought a lawsuit against us in the United States District Court for the Northern District of California alleging misappropriation of trade secrets and patent infringement... Prior to Wisk bringing the lawsuit against us, on March 30, 2021, one of our employees, who is a former employee of Wisk, had a search warrant executed at his home in connection with a federal investigation. We placed this former Wisk employee on paid administrative leave in connection with this government investigation, which we believe is focused on conduct prior to the employee joining the company. We are cooperating with the investigation of the employee. As of November 12, 2021, the investigation is ongoing. In addition, we and three of our employees, who are also former Wisk employees, received grand jury subpoenas from the United States Attorney's Office for the Northern District of California in relation to the same investigation. The grand jury subpoenas seek documents and information about our business, including our hiring practices and intellectual property. We cannot predict the timing or outcome of the litigation or government investigation or range of reasonably possible loss, if any, from either but a negative result could have a material adverse effect on our financial position, liquidity, operations, and cash flows."
RBLX

Hot Stocks

12:17 EST Roblox announces 'next big step for Roblox Education' - Roblox said in a blog post that, "After over six years with Imbellus developing simulation-based assessments that evaluate the cognitive and practical skills life requires, I am thrilled for the opportunity to leverage my learnings as we begin our next chapter of Roblox Education. Roblox Education will support and amplify the teaching and learning already happening with Roblox Studio and on Roblox. Every day, students learn to code, problem solve with friends, and experience faraway places, not just hear about them. We want everyone to have access to those opportunities. Our goal is to support 100 million students learning on our platform by 2030... Equally as important is teaching with Roblox Studio. Roblox Studio offers community members, ranging from educators to curious students, the chance to learn to create, code, and iterate with a free, easy-to-use authoring engine... The next big step for Roblox Education is furthering the educational utility of both Roblox Studio and Roblox client-side experiences, all in service of supporting teaching and learning in the metaverse. As our founder and CEO David Baszucki announced in a blog post earlier today, we are launching our newest initiative, the Roblox Community Fund, with an initial $10 million fund dedicated at first to bringing high-quality educational experiences to Roblox and to support educators in using Roblox Studio in their classrooms. The Roblox Community Fund will make investments, grants, and advances for education partners who develop curriculum and educational experiences that leverage our platform in immersive and compelling ways, as well as support services to foster teaching and learning on Roblox. As Roblox expands our education work and improves our technology and platform capabilities involved in serving students and schools worldwide, we will focus on ensuring our partners and programs reach underserved communities."Reference Link
MARA

Hot Stocks

12:14 EST Marathon Digital received SEC subpoena on Hardin data center agreements - In a regulatory filing earlier, Marathon Digital stated: "On October 6, 2020, the company entered into a series of agreements with multiple parties to design and build a data center for up to 100-megawatts in Hardin, MT. In conjunction therewith, the company filed a Current Report on Form 8-K on October 13, 2020. The 8-K discloses that, pursuant to a Data Facility Services Agreement, the company issued 6,000,000 shares of restricted common stock, in transactions exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. During the quarter ended September 30, 2021, the company and certain of its executives received a subpoena to produce documents and communications concerning the Hardin, Montana data center facility described in our Form 8-K dated October 13, 2020. We understand that the SEC may be investigating whether or not there may have been any violations of the federal securities law. We are cooperating with the SEC."
AXP

Hot Stocks

12:12 EST American Express reports October net write-off rate 0.6% vs. 0.4% last month - Reports October 30 days past due loans as a percent of total 0.7% vs. 0.7% last month.
COIN

Hot Stocks

12:09 EST Coinbase opening tech hubs in Brazil, Singapore - In a company blog post, Coinbase EVP of engineering Manish Gupta said, "Coinbase continues to rapidly grow our Engineering team around the world. As a global company, we need deep technical and market-specific expertise across the key regions we serve. Earlier this year, we established our first tech hub in India, and we continue to aggressively hire in the region across product, engineering, design as well as other roles. Today we're announcing that we're opening up tech hubs and actively building out our Engineering teams in two more countries: Brazil and Singapore. Like India, each has an incredible talent pool of engineers, and we look forward to connecting with world-class talent that can help us achieve our mission. We have already hired senior engineering leaders in both Brazil and Singapore who will act as engineering site leads in these countries, and we are now opening up engineering hiring in both these countries...As a remote-first company, our ambition is to be able to hire anywhere in the world where talent resides. Yet, we also recognize the challenges facing distributed teams, and we work hard at maximizing efficiencies across communications, collaboration, and execution. That's why we recently established three distinct regions of work for our Product and Engineering teams - Americas, EMEA and APAC. This regional framework allows us to think about allocating work and creating communities within similar time zones. Our goal is to have team members all work within a single region, meaning one product team may have members in Brazil, the US and Canada. This model provides managers with increased autonomy, and ensures all team members are working in relatively close time zones. Brazil will align to the Americas region, and Singapore to the APAC region. We plan to continue building hubs in various countries across each region, of various sizes, to help us attract top talent from around the world." Reference Link
RBLX

Hot Stocks

12:05 EST Roblox, PLTW announce partnership for learning experiences - Project Lead The Way, or PLTW, announced a partnership with Roblox to deliver "a high-quality educational experience available to students and educators across the U.S." Roblox's grant will fund the development and delivery of learning experiences on Roblox to be released in the spring of 2022 for those in and outside of PLTW's network of students, the organization announced. "This news comes on the heels of the release of Roblox Community Fund, Roblox's philanthropic fund initially geared toward funding high-fidelity educational experiences on the platform, announced today. As part of this initiative, Roblox Education will be dedicated to supporting teaching and learning in the metaverse, both through integration of Roblox Studio in STEM curricula and through the nurturing of a wide range of high-quality educational experiences that bring learning to life in ways no other platform can. PLTW and Roblox look forward to announcing additional opportunities to continue delivering real-world learning experiences for students in the years to come," PLTW stated.
FXLV

Hot Stocks

12:01 EST F45 Training falls -10.1% - F45 Training is down -10.1%, or -$1.31 to $11.66.
PHG

Hot Stocks

12:01 EST Philips falls -11.1% - Philips is down -11.1%, or -$5.28 to $42.34.
BFLY

Hot Stocks

12:01 EST Butterfly Network falls -16.8% - Butterfly Network is down -16.8%, or -$1.45 to $7.16.
YALA

Hot Stocks

12:00 EST Yalla rises 13.5% - Yalla is up 13.5%, or $1.13 to $9.51.
VVNT

Hot Stocks

12:00 EST Vivint Smart Home rises 15.8% - Vivint Smart Home is up 15.8%, or $1.54 to $11.30.
CSPR

Hot Stocks

12:00 EST Casper Sleep rises 85.9% - Casper Sleep is up 85.9%, or $3.05 to $6.60.
TTWO

Hot Stocks

11:55 EST Take-Two's Private Division acquires Roll7, terms not disclosed - Private Division, a publishing label of Take-Two, announced that it has acquired "OlliOlli World" developer Roll7. The studio is currently developing "OlliOlli World," which will be published by Private Division and is set for launch this winter during Take-Two's fiscal fourth quarter ending March 31, 2022. Terms of the deal were not disclosed.
SYNH LH

Hot Stocks

11:45 EST Syneos says not engaged in talks LabCorp over potential combination - Syneos Health (SYNH) said in a regulatory filing this morning that, "at this time," it is not engaged in discussions with respect to, or activities in furtherance of, a potential business combination or transaction with Laboratory Corporation of America (LH). Syneos added that it "continually reviews and evaluates strategic business opportunities with a focus on enhancing stockholder value." Shares of Syneos Health are up 3% to $98.90 in midday trading.
PHAS

Hot Stocks

11:37 EST PhaseBio says REVERSE-IT Phase 3 trial achieved primary reversal endpoint - PhaseBio Pharmaceuticals, in conjunction with its financing and co-development partner for the European Union and China, SFJ Pharmaceuticals announced interim results from REVERSE-IT. REVERSE-IT is PhaseBio's ongoing pivotal Phase 3 trial designed to study the reversal of the antiplatelet effects of ticagrelor with lead product candidate bentracimab in patients who present with urgent surgery or an invasive procedure or experiencing uncontrolled major or life-threatening bleeding. The prespecified interim analysis of 150 enrolled patients demonstrated that bentracimab achieved the primary endpoint of the trial by immediately and sustainably reversing the antiplatelet effects of ticagrelor. As measured by the point-of-care VerifyNow PRUTest platelet function assay, a 135% reduction in platelet inhibition was observed within five to ten minutes after initiation of bentracimab infusion and sustained through all timepoints over 24 hours. More than 90% of eligible patients achieved the co-primary endpoint of the trial, defined as good or excellent hemostasis within 24 hours of initiation of bentracimab therapy. Thrombotic events were reported in 5.3% of patients, with none resulting in death or considered by investigators to be related to bentracimab. Bentracimab was generally well tolerated, with only five non-serious adverse events, reported in three patients, considered by investigators to be related to bentracimab. The most common adverse events were related to pain associated with surgical procedures. The results were presented by Deepak L. Bhatt, M.D., M.P.H., Executive Director of Interventional Cardiovascular Programs at Brigham and Women's Hospital and professor at Harvard Medical School, during a Late-Breaking Science Session at the 2021 American Heart Association Scientific Sessions and have been accepted for publication in NEJM Evidence, a new digital journal from the NEJM Group. Cardiovascular disease remains a leading cause of mortality globally. Orally-administered P2Y12 inhibitors, including ticagrelor, continue to be the mainstay of pharmacotherapy in patients diagnosed with acute coronary syndrome, coronary artery disease and other common cardiovascular diseases because of their demonstrated efficacy in preventing thrombotic events such as myocardial infarction and ischemic stroke. However, hospital admissions of patients on P2Y12 inhibitors who require surgery or experience major bleeding events while persistent on their medication remain a significant driver of global healthcare resource utilization. Within the orally-administered P2Y12 inhibitor class, ticagrelor is unique in that it is the only member of the class that can be reversed, creating a potential safety advantage for patients taking ticagrelor should bentracimab be approved.
TWTR

Hot Stocks

11:26 EST Twitter acquires Threader, terms not disclosed - In a blog post to it's website, Threader said, "We have some big news to share with you today: Threader is now a part of Twitter!TL;DR: As part of the acquisition, Threader will shut down in 30 days. But we're bringing the best of Threader directly to Twitter. Check out Twitter Blue - beautiful thread reading is just one of the many premium features we think you'll enjoy...As part of this acquisition, we'll be shutting Threader down on December 15, 2021. But we're not leaving you empty handed. We've recently built a similar reading experience at Twitter, which is now available as part of Twitter Blue. Through Twitter Blue, you'll get access to features like Reader, which turns long threads into an easier-to-read experience, and Bookmarks Folder, a feature requested by many of you, that lets you save and organize your favorite threads. Twitter Blue is also available on Android. We're so stoked to turn Threader into a native experience on Twitter!" Reference Link
BMY JNJ

Hot Stocks

11:20 EST Bristol-Myers announces results from Phase 2 AXIOMATIC-TKR study - Bristol Myers Squibb (BMY) in collaboration with Janssen Pharmaceuticals (JNJ) announced results from the Phase 2 AXIOMATIC-TKR study, which showed investigational oral milvexian reduced the risk of postoperative venous thromboembolism in a dose dependent manner without increasing the risk of bleeding compared with enoxaparin in patients undergoing total knee replacement surgery. These data were presented at a Late-Breaking Science session at the American Heart Association Scientific Sessions 2021 and simultaneously published in The New England Journal of Medicine. The trial met both of its pre-specified proof-of-principle requirements: the dose response for efficacy with twice-daily milvexian was significant, and the 12% rate of VTE with combined twice-daily doses of milvexian was significantly lower than the prespecified benchmark rate of 30%. At daily doses of at least 100 mg, the rates of VTE with milvexian were significantly lower than with enoxaparin. There were no major bleeds with milvexian and one with enoxaparin. The rates of major plus clinically relevant non-major bleeds with milvexian and enoxaparin were 0.8% and 1.4%, respectively. Across a 16-fold range of doses, milvexian demonstrated a low risk of major plus CRNM bleeding, with no major bleeds and no dose-response on this composite outcome. The TKR study is the first of two studies to read out from the Phase 2 milvexian program. Results from the ongoing Phase 2 study of milvexian for secondary stroke prevention are expected in the first half of 2022. Bristol Myers Squibb and Janssen thank the patients and investigators involved in this clinical trial.
KZIA CLRB

Hot Stocks

11:04 EST Kazia Therapeutics appoints John Friend as CMO - Kazia Therapeutics (KZIA) announced the appointment of John Friend, MD, as Chief Medical Officer. In this role, Dr. Friend will be responsible for overseeing the development and commercialization of Kazia's pipeline drug candidates, and for collaborating with clinicians and scientists to advance the company's research programs. Dr. Friend is based in New Jersey in the United States. Prior to joining Kazia, he was Chief Medical Officer at Cellectar Biosciences, Inc (CLRB), a clinical-stage, oncology-focused biotech company based in Florham Park, NJ.
AURA

Hot Stocks

11:02 EST Aura Biosciences Phase 1b/2 results show reduction in tumor growth rate - Aura Biosciences announced the presentation of data evaluating its first VDC, AU-011, in indeterminate lesions and choroidal melanoma, including final safety and efficacy data from the Phase 1b/2 trial using intravitreal administration, as well as updated safety results from the Phase 2 trial using suprachoroidal administration. The results are presented as part of the American Academy of Ophthalmology 2021 Annual Meeting. "The final safety and efficacy data from the Phase 1b/2 trial using intravitreal administration presented today, along with the data from the Phase 2 trial using suprachoroidal administration, provide a high level of confidence for further clinical development in patients with indeterminate lesions or choroidal melanoma," said Carol Shields, MD, Chief of the Ocular Oncology Service at Wills Eye Hospital and Professor of Ophthalmology at Thomas Jefferson University. The Phase 1b/2 trial evaluated the safety and efficacy of AU-011 using IVT administration for the treatment of ILs and CM. A total of 56 patients were enrolled in the Ph1b/2 trial including the single and multiple dose escalation cohorts and received up to two cycles of therapy. As part of an enrichment strategy agreed with FDA, patients with small tumors with active growth were enrolled in the Phase 2 part of the study. This group of patients received the therapeutic regimen and were evaluated for the tumor growth rate, tumor control, and visual acuity preservation as the efficacy endpoints. These endpoints have been agreed with FDA and are planned to be used in the pivotal program. The results at 12 months showed a statistically significant reduction in the tumor growth rate compared to each patient's documented growth rate at study entry, and a 64% tumor control rate. In addition, the visual acuity preservation rate was 71%, which is unprecedented compared to the current standard of care with radiotherapy. Overall, AU-011 demonstrated a favorable safety and tolerability profile. The majority of adverse events, which included intraocular inflammation and increased intraocular pressure, were transient and resolved without clinical sequelae. A large number of patients had tumors close to the fovea and optic disk and only two patients with juxta-foveal tumors had a treatment related serious adverse event of vision loss. No other treatment related SAEs were observed in the trial. These safety and efficacy results indicate that AU-011 may offer a targeted vision preserving therapy for the first line treatment of CM.
LHX

Hot Stocks

11:02 EST L3Harris announces Canadian Armed Forces as customer for Compact Team Radio - The Canadian Armed Forces has become the first international customer of L3Harris Technologies' new Compact Team Radio, ordering more than 1,000 radios and kits to enhance communications from the tactical edge all the way to command headquarters. The RF-9820S Compact Team Radio is an easy-to-use and ruggedized solution leveraging robust technologies from fielded and emerging company products. The recent order adds to Canada's inventory of battle-tested L3Harris tactical radios, including the AN/PRC-117G and AN/PRC-163, which Canada recently selected as the Leader Radio for its Integrated Soldier System Project.
MDT

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11:02 EST Medtronic reports 510(k) clearance for PillCam Small Bowel 3 @HOME endoscopy - Medtronic announced that the U.S. Food and Drug Administration has granted 510(k) clearance for its PillCam Small Bowel 3 system for remote endoscopy procedures. "The PillCam SB3 @HOME program combines Medtronic's PillCam technology with Amazon logistics, a combination intended to ensure both timely and accurate results for patients from the comfort of their homes," the company said. "PillCam Small Bowel 3 is only cleared for remote use in the U.S. It is not approved for this use in other geographies," Medtronic noted.
GLPG

Hot Stocks

10:46 EST Galapagos announces EU approval of Jyseleca for ulcerative colitis - Galapagos announced that the European Commission has granted marketing authorization for Jyseleca for the treatment of adult patients with moderately to severely active ulcerative colitis. The European Commission approved an additional indication for Jyseleca, an oral, once-daily, JAK1 preferential inhibitor, for adult patients with moderately to severely active UC who have had an inadequate response with, lost response to, or were intolerant to either conventional therapy or a biologic agent. The Commission based its decision on data from the Phase 2b/3 SELECTION program, which evaluated filgotinib as an induction and maintenance therapy in the patient population now included in the label. The SELECTION trial was published in The Lancet.
ACN

Hot Stocks

10:20 EST Accenture acquires T.A. Cook consultancy, terms not disclosed - Accenture announced it has acquired T.A. Cook, a consultancy headquartered in Berlin, Germany specializing in asset performance management and capital projects for clients in capital-intensive industries and infrastructure. "The acquisition will strengthen Accenture's capabilities for improving asset performance, increasing safety, and reducing environmental impact and cost in the chemicals, life sciences, metals and mining, and oil and gas industries," the company said. Financial terms were not disclosed.
OPFI

Hot Stocks

10:01 EST OppFi falls -8.2% - OppFi is down -8.2%, or -62c to $6.91.
PHG

Hot Stocks

10:00 EST Philips falls -11.2% - Philips is down -11.2%, or -$5.35 to $42.27.
BFLY

Hot Stocks

10:00 EST Butterfly Network falls -19.1% - Butterfly Network is down -19.1%, or -$1.64 to $6.96.
VGR

Hot Stocks

10:00 EST Vector Group rises 12.1% - Vector Group is up 12.1%, or $1.84 to $17.06.
VVNT

Hot Stocks

10:00 EST Vivint Smart Home rises 16.2% - Vivint Smart Home is up 16.2%, or $1.58 to $11.34.
CSPR

Hot Stocks

10:00 EST Casper Sleep rises 87.3% - Casper Sleep is up 87.3%, or $3.10 to $6.65.
SAVA

Hot Stocks

09:52 EST Cassava down 9% to $62.90 after disclosing government document request
SWX IEP

Hot Stocks

09:50 EST Icahn confirms 10 director nominees for Southwest Gas board - Icahn Partners LP, a Delaware limited partnership, which is an affiliate of Icahn Enterprises L.P. ( IEP), announced that it has nominated the following ten individuals: Ms. Nora Mead Brownell, Ms. Marcie L. Edwards, Mr. Andrew W. Evans, Mr. H. Russell Frisby, Jr., Mr. Walter M. Higgins III, Ms. Rina Joshi, Mr. Henry P. Linginfelter, Mr. Jesse A. Lynn, Ms. Ruby Sharma, and Mr. Andrew J. Teno to seek election to the board of directors of Southwest Gas Holdings, Inc. (SWX) at Southwest Gas' 2022 Annual Meeting of Stockholders. Icahn Partners submitted its notification of nomination of the Icahn Slate to Southwest Gas earlier today. Carl C. Icahn stated: "We are proud to present our blue-ribbon slate of directors, 8 of whom are entirely independent of IEP in all regards. They are immensely qualified in terms of utility and regulatory experience and reflect a diverse mix of operational, financial, legal, regulatory and governance experts. We believe our slate of directors can greatly enhance stockholder and ratepayer value." Reference Link
SAVA

Hot Stocks

09:49 EST Cassava says 'certain government agencies' have asked for documents - Cassava Sciences disclosed this morning in its quarterly filing: "Certain government agencies have asked us to provide them with corporate information and documents. We have been cooperating and will continue to cooperate with government authorities. No government agency has informed us that any wrongdoing has occurred by any party. We cannot predict the outcome or impact of any these ongoing matters, including whether a government agency may pursue an enforcement action against us or others."
EDN

Hot Stocks

09:47 EST Edenor falls -9.2% - Edenor is down -9.2%, or -55c to $5.45.
PHG

Hot Stocks

09:47 EST Philips falls -11.1% - Philips is down -11.1%, or -$5.29 to $42.33.
BFLY

Hot Stocks

09:47 EST Butterfly Network falls -12.8% - Butterfly Network is down -12.8%, or -$1.10 to $7.50.
AI

Hot Stocks

09:47 EST C3.ai rises 7.4% - C3.ai is up 7.4%, or $3.48 to $50.75.
VVNT

Hot Stocks

09:47 EST Vivint Smart Home rises 9.6% - Vivint Smart Home is up 9.6%, or 94c to $10.70.
CSPR

Hot Stocks

09:47 EST Casper Sleep rises 89.3% - Casper Sleep is up 89.3%, or $3.17 to $6.72.
APDN

Hot Stocks

09:45 EST Applied DNA Sciences subsidiary LineaRx receives repeat orders for LinearDNA - Applied DNA Sciences and its majority-owned subsidiary LineaRx announced the receipt of repeat orders from diagnostic customers and a first Contract Research Organization order from a new biotherapeutic customer, a federally funded research and development laboratory focused on cancer research. PCR-produced LinearDNA serves as a pure, fast, and flexible alternative to plasmid DNA in the manufacture of cell and gene therapies and nucleic acid vaccines. CRO orders typically provide a means to evaluate LinearDNA within a customer's preclinical development program. :ineaRx has recorded an uptick in CRO orders for LinearDNA in recent quarters. Although a limited number of CGTs are currently on the market, FDA officials predicted in 2019 that the agency will receive more than 200 investigational new drug applications per year for cell and gene therapies and that by 2025, it expects to have accelerated to 10 to 20 cell and gene therapy approvals per year1. As a result of the COVID-19 pandemic, nucleic acid therapies have also moved to the forefront of biotherapeutic science with the successful deployment of mRNA vaccines against the virus. Most evaluations of LinearDNA currently center on its use in the development of preclinical CAR T therapies, a use case highlighted in a recently published study that utilized LinearDNA in a non-viral manufacture of CD19-specific CAR T cells2. CRO customers are also evaluating LinearDNA for use in mRNA template manufacture, recombinant adeno-associated virus manufacture, and in vivo expression vectors.
MYSZ

Hot Stocks

09:44 EST My Size expands presence in Russia with four retailers - MySize is pleased to announce that it has expanded its presence in Russia with four tier 1 retailers and several other retailers for MySize's AI-driven measurement solutions. The tier 1 retailers are Lacoste, SimaLand, SuperStep, and The Kooples. Additional retailers include MonoMio, Swimlane, RusPublica and 1001dress.
HUMA

Hot Stocks

09:43 EST Humacyte presents 12-month data from HAVs - Humacyte announced that data from a Phase 2 clinical trial of patients receiving the human acellular vessel produced using its cutting-edge, large-scale manufacturing systems, known as "LUNA200", for vascular access in hemodialysis, demonstrated 12-month efficacy that is similar to trials of HAVs produced in the development-scale systems previously used in manufacturing the HAV. The Phase 2, prospective, multicenter, open-label, single-arm study evaluated the safety, efficacy and immunogenicity of HAVs manufactured with the commercial-scale LUNA200 platform in 30 end-stage renal disease patients undergoing hemodialysis. One year after implantation, 83% of subjects still showed secondary, or functional, patency. Secondary patency rates of the HAVs produced using the prior, development-scale systems ranged from 82% to 89%. No instances of HAV rupture, aneurysm formation or acute mechanical failure were observed in the study. In addition, the HAV appears to resist infection as compared to synthetic conduits. Each modular, automated LUNA200 system, with enhanced process controls, can grow 200 HAVs at a time. Humacyte's LUNA200 systems are housed in its 83,000-square-foot state-of-the-art bioprocessing facility in Durham, N.C., which has ample space to house enough systems to produce an annual capacity of approximately 40,000 HAVs per year. The Durham facility is fully operational, and in 2021 the FDA authorized the use of HAVs produced in the LUNA200 system to supply the Company's ongoing clinical trials in the United States. The facility also achieved compliance with EU good manufacturing practices and Qualified Person Certification to allow product to be supplied to ongoing studies in Europe and Israel. The 12-month data were presented at the 6th World Congress of the Tissue Engineering and Regenerative Medicine International Society. The secondary objective of this study is to evaluate the long-term safety and efficacy of the HAV manufactured with the LUNA system for up to 36 months after implantation, and the study is ongoing.
CYRN KNBE

Hot Stocks

09:42 EST Cyren, KnowBe4 partner to help fight phishing attacks - Cyren (CYRN) announced an alliance agreement with KnowBe4 (KNBE). The alliance will give customers access to an integrated and automated offering to secure inboxes against phishing attacks and improve the success of internal security awareness training programs.
TSN

Hot Stocks

09:40 EST Tyson Foods: Demand 'incredibly strong' across portfolio
MRNA

Hot Stocks

09:40 EST Moderna says Health Canada authorizes COVID-19 vaccine booster for 18 or older - Moderna confirmed that Health Canada authorized the use of a booster dose of the Moderna COVID-19 vaccine, Spikevax, at the 50 microgram dose for individuals aged 18 and older administered at least six months after completion of the primary series.
STXS

Hot Stocks

09:38 EST Stereotaxis says BJC HealthCare offers Genesis RMN system - Stereotaxis announces that BJC HealthCare has become the first health care system in the midwest to offer the Genesis RMN system, advancing electrophysiology patient care and expanding access to advanced robotic technology for the treatment of cardiac arrhythmias in the greater St. Louis region.
M...

Hot Stocks

09:38 EST Jana bought Macy's, Valvoline and BlackSky during Q3 - Barry Rosenstein's Jana Partners disclosed in an SEC filing its holdings as of September 30, 2021. The fund made three new buys in the quarter: 4.63M shares of Macy's (M), 1.28M shares of Valvoline (VVV) and 1M shares of BlackSky (BKSY). Jana increased holdings in three companies: TreeHouse (THS), Vonage (VG) and CyrusOne (CONE). The fund decreased its holdings in SPDR S&P 500 ETF Trust (SPY), LabCorp (LH) and Encompass Health (EHC). Jana's top holdings as of September 30, in order of size, were Conagra Brands (CAG), TreeHouse, Vonage, Encompass Health and CyrusOne.
CODI

Hot Stocks

09:35 EST Compass Diversified announces proposed private offering of $300M - Compass Diversified announced that the Company intends, subject to market and other conditions, to commence an offering of $300 million of senior unsecured notes due 2032 in a private offering. The Company intends to use the net proceeds of the Notes offering to repay a portion of the outstanding balance under the Company's existing revolving credit facility.
XXII

Hot Stocks

09:33 EST 22nd Century issues positive comment on FDA Commissioner nomination - 22nd Century stated that it "strongly supports" the nomination of Robert Califf as the next commissioner of the FDA. Califf is known to be a longtime proponent of tobacco control and supporter of the Agency's Comprehensive Plan for Tobacco and Nicotine Regulation. CEO James Mish said, "We are thrilled to hear that Dr. Califf has been nominated to FDA's top position as Commissioner. This is positive news for 22nd Century Group as he is a longtime proponent of aggressive measures to reduce the harm caused by smoking and is fully supportive of the Agency's plans to render all cigarettes 'minimally or non-addictive. Califf has previously indicated that a nicotine cap should be a key priority for the FDA. We look forward to the implementation of a nicotine mandate - which we believe is the single greatest opportunity to change the trajectory of public health. Our reduced nicotine content cigarette, VLN(R), is the only combustible tobacco product that meets the nicotine levels proposed in FDA's nicotine mandate. We stand ready to support FDA on this critical public health initiative." Califf was one of the FDA officials at the center of the Agency's plans for Tobacco and Nicotine Regulation under the Obama Administration.
MPB RIVE

Hot Stocks

09:33 EST Mid Penn Bancorp receives regulatory approvals for Riverview Financial merger - Mid Penn Bancorp (MPB) and Riverview Financial Corporation (RIVE) announced that they have received all required approvals from the applicable bank regulatory agencies to complete the proposed merger of Riverview with and into Mid Penn. Pending receipt of approval from shareholders of Mid Penn and Riverview, and certain other customary closing conditions, the parties intend to close the transaction in the fourth quarter of 2021. Following completion of the merger, Riverview Bank will be merged with and into Mid Penn Bank. "We are pleased to have received regulatory approval of our merger that supports our growth objectives, complements our franchise, and propels long-term shareholder value," said Mid Penn President and CEO Rory G. Ritrievi. "Mid Penn and Riverview continue to work collectively towards a fourth-quarter closing of this transaction and are meeting timelines and milestones as expected." The merger will extend Mid Penn's footprint into new markets, including the Lehigh Valley and State College region, and will expand its presence in Western Pennsylvania. Mid Penn, on a pro forma basis following completion of the merger, is projected to have $4.7B in assets.
MARK

Hot Stocks

09:31 EST Remark Holdings announces collaboration with Brightline - Remark announced that it is collaborating with Brightline to implement Remark's Smart Safety Platform for unauthorized intrusion detection while working with Brightline to incorporate AI in additional technologies for other applications. "Brightline maintains a strong focus on community, guest safety and service reliability, and their search for a safe and reliable method of monitoring its properties and rail corridors to reduce risk brought the company to us," said Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings. "Remark's SSP is a natural fit for the job Brightline wants done properly. The SSP's AI-powered intrusion detection tools operate 24 hours every day and are able to detect and accurately cover a wider range than humans can without assistance."
SGPYY

Hot Stocks

09:31 EST Sage Group kicks off Sage Sessions X3 - Sage kicks off its annual Sage Sessions X3 conference in Orlando. The hybrid event for Sage X3 customers and partners, held Nov. 15-17, offers attendees both in-person and virtual experience options. With keynotes and breakout sessions delivered by Sage leaders, customers, and partners, the event is designed to provide the Sage X3 community with the tools to help them grow their business with Sage.
TSN

Hot Stocks

09:31 EST Tyson Foods: Operational turnaround in chicken continuing
AWI

Hot Stocks

09:30 EST Armstrong World releases inaugural sustainability report - Armstrong World released its inaugural sustainability report. Report highlights include: a comprehensive set of science-based targets for 2030, including, among others, a 30% absolute reduction in Scope 1 and 2 greenhouse gas emissions, a shift to 100% renewably sourced electricity, and a 50% absolute reduction in waste from operations; commitment to transparency and accountability through globally recognized reporting frameworks such as the Global Reporting Initiative, the Sustainability Accounting Standards Board and the Task Force for Climate-Related Disclosure; establishment of an enterprise Sustainability Council and clear governance structure to support execution and oversight of sustainability strategy and initiatives: and ontinuation of efforts to promote and maintain an inclusive and diverse workforce under Selena Coachman, VP of Talent Sustainability, Diversity and Inclusion.
EMOTF

Hot Stocks

09:30 EST Emerita Resources announces exercise of warrants by Eric Sprott - Emerita Resources announces that Mr. Eric Sprott has exercised all of his outstanding Emerita common share purchase warrants for total proceeds to the Company of $2,045,454. Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, exercised a total of 6,818,181 Warrants at an exercise price of $0.30 per common share. Following the completion of the exercise of his Warrants, Mr. Sprott beneficially owns and controls 20,454,544 Shares, representing approximately 10.7% of the issued and outstanding Shares on a non-diluted basis. Prior to the Warrants exercise, Mr. Sprott beneficially owned and controlled 13,636,363 Shares and 6,818,181 Warrants, representing approximately 7.4% of the issued and outstanding Shares of the Company on a non-diluted basis, and 10.7% on a partially diluted basis. The Shares were acquired by Mr. Sprott for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities of the Company including on the open market or through private acquisitions or sell securities of the Company including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other factors that Mr. Sprott considers relevant from time to time.
VZ

Hot Stocks

09:28 EST Verizon appoints Samantha Hammock as Chief Human Resources Officer - Verizon appointed Samantha Hammock to Executive VP and Chief Human Resources Officer of Verizon, effective December 1. Before joining Verizon as the Senior VP of Global Talent, Hammock spent 14 years at American Express, most recently as the Head of Talent and Learning.
IONM

Hot Stocks

09:28 EST Assure Holdings announces closing $4.75M private placement - Assure Holdings announced the closing of a brokered private placement whereby the Company issued approximately 900,000 shares generating gross proceeds of US$4.75 million at an issue price of US$5.25 per share. There were no warrants issued in connection with the Offering. Assure management and the board of directors anticipate participating in a subsequent private placement, for aggregate gross proceeds of up to US$700,000, at an issue price to be determined in the context of the market and in accordance with Nasdaq listing requirements and following the end of the Company's current trading blackout period under its insider trading policy. Such additional private placement is also subject to the approval of the TSX Venture Exchange. The net proceeds of the Offering are expected to be used to service the previously announced system-wide contract with Premier, Inc., expand our high-margin remote neurology services platform, extend our operational footprint into new states and continue to build infrastructure that supports the Company's growth initiatives and for general working capital purposes. Kestrel Merchant Partner acted as the exclusive Sponsor and The Benchmark Company acted as sole placement agent in connection with the Offering. The Company has agreed to pay the Agent a cash commission representing approximately 7% of the gross proceeds of the Offering.
TSN

Hot Stocks

09:28 EST Tyson Foods: Board last week approved 6% increase to dividend
MORF

Hot Stocks

09:27 EST Morphic presents preclinical data from Integrin Program at SITC Annual Meeting - Morphic Therapeutic presented new data from its alphavbeta8 integrin inhibition program at the Society for Immunotherapy of Cancer - SITC - 2021 Annual Meeting. These new preclinical data, evaluating a monoclonal antibody targeting alphavbeta8, reinforce and build upon previous findings that alphavbeta8 inhibition can drive potent anti-tumor responses in tumor models refractory to current treatment modalities. alphavbeta8 is known to mediate the activation of tumor growth factor beta. Morphic is developing oral small molecule inhibitors of the alphavbeta8 integrin which is expressed on cell types central to immune response and is a major contributor to tolerance and suppression of anti-tumor immunity. The research presented at SITC demonstrates that Morphic's alphavbeta8 inhibitor, in combination with radioimmunotherapy, drove tumor response in a syngeneic mouse model refractory to radiotherapy and immune checkpoint blockade alone and in combination.
ANAB

Hot Stocks

09:26 EST AnaptysBio: Rosnilimab showed favorable safety in Phase 1 trial - AnaptysBio announced top-line data from a randomized placebo-controlled healthy volunteer single and multiple ascending dose Phase 1 trial of rosnilimab, its investigational wholly-owned anti-PD-1 agonist therapeutic antibody, previously known as ANB030. Top-line data demonstrated favorable safety, pharmacokinetics and pharmacodynamic results that support advancement of rosnilimab into subsequent patient trials. A total of 144 subjects were enrolled in the randomized, double-blind, placebo-controlled healthy volunteer Phase 1 trial, where single ascending dose cohorts were administered single subcutaneous or intravenous doses of rosnilimab ranging between 0.02mg to 600mg or placebo, while multiple ascending dose cohorts received four weekly subcutaneous doses of rosnilimab ranging between 60mg and 400mg or placebo. Dose escalation was conducted subsequent to data safety monitoring board review of safety and tolerability parameters following each single and multiple ascending dose level. Rosnilimab was generally well-tolerated and no dose limiting toxicities were observed. The most frequent adverse event reported among SAD cohorts was increased circulating C-reactive protein levels of mild severity in nine rosnilimab-dosed subjects occurring sporadically in a dose-independent manner and a severe occurrence in one placebo-dosed subject. MAD cohorts reported headache as the most frequent adverse event with mild occurrences in three rosnilimab-dosed subjects and none in placebo subjects. Mild injection site reactions were observed in two subjects administered with multiple subcutaneous rosnilimab doses. Two serious adverse events were reported in single dose cohorts, including obstructive pancreatitis in a placebo-dosed subject and COVID-19 infection in a rosnilimab-dosed subject leading to discontinuation which was deemed unrelated to treatment. No serious adverse events were reported in subjects receiving multiple doses of rosnilimab or placebo.
ERJ

Hot Stocks

09:26 EST Embraer announces deal with Overland Airways worth $299.4M - Embraer has announced a firm order for three new E175, plus three purchase rights for the same model of aircraft, with Overland Airways, from Nigeria. The 88-seat aircraft, with premium class cabin configuration, will be delivered from 2023. The deal is worth at $299.4M, at list price with all purchase rights being exercised. These aircraft will increase the domestic flights and allow to expand more regional routes. Cesar Pereira, Vice-president for Europe, Middle East and Africa, Embraer Commercial Aviation said, "we are proud of this partnership with Overland and to support their regional expansion. We are seeing growing long-term demand for rightsized aircraft to deliver profitable domestic connections in Nigeria."
SOLO

Hot Stocks

09:26 EST ElectraMeccanica to showcase lineup of SOLO EVs at LA Auto Show - ElectraMeccanica Vehicles announced the Company will showcase its vehicles at the Los Angeles Auto Showtaking place November 17-28, 2021 at the Los Angeles Convention Center. The ElectraMeccanica booth will be located near the West Hall Main Entrance. The Company will display multiple versions of its flagship, single-seat SOLO EV. In addition, ElectraMeccanica will offer free, scheduled test drives to consumers and the media to experience the SOLO EV on a surface street on-site, at the event.
PAIC

Hot Stocks

09:25 EST Revelation Biosciences initiates Phase 1B REVTx-99 study - Revelation Biosciences, a clinical-stage life sciences company that is focused on the development of immunologic-based therapies for the prevention and treatment of disease, announced today the initiation for its Phase 1b proof-of-concept nasal allergen challenge clinical study to evaluate the potential utility of REVTx-99 for treating patients with allergic rhinitis and patients with chronic nasal congestion without polyps. The study is being conducted in Australia and is enrolling individuals 18 to 55 years of age with a presumed history of allergic rhinitis to rye grass pollen. "Allergic rhinitis is one of the most common allergic respiratory disease types, impacting millions of people. Currently there are a limited number of therapies available, and we are excited about studying the potential of REVTx-99 as a new treatment option for patients in need" said James Rolke, CEO of Revelation. The Phase 1b, randomized, double-blind, placebo-controlled, crossover design study will enroll up to 28 participants. The primary endpoint is to evaluate the effects of REVTx-99 versus placebo on safety and tolerability. Key secondary endpoints include allergy symptoms and peak nasal inspiratory flow elicited by nasal allergen challenge. The study will have two cohorts: one cohort will receive study drug before the nasal allergen challenge and the second cohort will receive study drug after the nasal allergen challenge. Revelation expects the topline data in the first quarter of 2022.
WASH

Hot Stocks

09:25 EST Washington Trust rebrands wealth management division - The Washington Trust Company announced it is rebranding its wealth management offices across Rhode Island, Massachusetts, and Connecticut under one unified name: "Washington Trust Wealth Management." The name, Washington Trust Wealth Management, is already in use by the company's RI-based wealth management group, and will now encompass Wellesley, MA-based Weston Financial Group and New Haven, CT-based Halsey Associates, which were acquired by Washington Trust in 2005 and 2015, respectively, but until now had retained the use of their own names. "Through both organic growth and strategic acquisitions, Washington Trust has built one of New England's premier boutique advisory groups, with more than $7 billion in assets under administration," stated Edward Handy III, Chairman and Chief Executive Officer. "The rebranding effort is a natural evolution of the growth and maturation of our wealth management division and name reflects the strength and stability of our 220+ year old parent company."
TBLA

Hot Stocks

09:23 EST Taboola teams with Getty Images to integrate video library with ad platform - Taboola announced a new, multiyear deal with Getty Images. The deal provides Taboola's more than 14,000 advertisers with access to Getty Images' premium library of stock video content within the Taboola Ads media buying platform, the company said in a statement. This builds upon a five-year relationship enabling Taboola's advertisers to access the depth, breadth and quality of Getty Images' diverse video library in their campaigns, it added.
USIO

Hot Stocks

09:23 EST Usio promotes Greg Carter and hires Steve Peterson - Usio promoted Greg Carter to Executive VP of Payment Acceptance and hired payments industry veteran Steve Peterson. Peterson was most recently engaged with PaySign as their SVP of Business Development and senior business development positions with FIS, GreenDot, and NetSpend.
FTNT

Hot Stocks

09:22 EST Fortinet announces commitment to become carbon neutral by 2030 - Fortinet will become carbon-neutral by 2030 through the use of renewable energy, energy and carbon efficiency methodologies, and emissions offset programs across its owned operations globally, including offices, warehouses, and data centers, the company said in a statement. Currently, Fortinet has measured its Scope 1 and 2 emissions and will capture the inventory of its Scope 3 emissions in 2022.
QFTA

Hot Stocks

09:22 EST Quantum FinTech announces co-placement agents for PIPE - Quantum FinTech Acquisition Corporation announced that its advisors in connection with the PIPE to close at or about the time of its proposed initial business combination include Piper Sandler & Co., as financial advisor to Quantum FinTech, Chardan as M&A advisor to Quantum FinTech, Piper Sandler as lead placement agent, and Chardan and Marco Polo Securities Inc. as co-placement agents.
NWFL

Hot Stocks

09:21 EST Norwood Financial announces planned retirement of CEO Lewis Critelli - On November 15, 2021, Lewis J. Critelli, President and CEO of Norwood Financial Corp, and its wholly owned subsidiary, Wayne Bank, announced his plans to retire as the President and CEO of the Company and the Bank during the first half of 2022, subject to the successful completion of a search process for a successor. Critelli joined the Bank in 1995 as CFO and has served as the President and CEO for both the Company and the Bank since 2010. Critelli intends to continue serving as a director of the Company and the Bank following his retirement as an executive officer, with his current term as a director of the Company ending in 2024. The Company's Board of Directors is currently undertaking a process to choose the next President and CEO for the Company and the Bank and has engaged Kaplan Partners, an executive search firm, to assist in this matter. The Board will consider both internal and external candidates for the position. With the assistance of Critelli, the Company's Board of Directors anticipates a smooth transition to be completed by June 30, 2022.
CLNN

Hot Stocks

09:19 EST Clene completes patient enrollment in Healey ALS Platform trial - Clene completed enrollment in the HEALEY ALS Platform Trial, led by the Sean Healey & AMG Center for ALS at Massachusetts General Hospital. Clene's lead drug candidate, CNM-Au8, which has received FDA Orphan Drug designation for the treatment of amyotrophic lateral sclerosis, is one of several drugs being evaluated in this innovative platform trial. The HEALEY ALS Platform Trial is a multi-center clinical program evaluating the safety and efficacy of multiple investigational products in ALS patients. Clene's CNM-Au8, a catalytically active gold nanotherapeutic, was selected by the Healey Center Therapy Selection Committee to be one of the first entrants into the trial. Clinical data from an additional 80 placebo-treated participants are shared within the platform trial from two other regimens for an overall 1:1 allocation of active:placebo.
NVDA

Hot Stocks

09:19 EST Nvidia, Atos to advance climate, healthcare research with exascale computing - Atos and NVIDIA announced the Excellence AI Lab, which brings together scientists and researchers to help advance European computing technologies, education and research. The lab's first research projects will focus on five key areas enabled by advances in high performance computing and AI: climate research, healthcare and genomics, hybridization with quantum computing, edge AI/computer vision and cybersecurity, the companies said in a statement.
AMIH

Hot Stocks

09:18 EST American International Holdings launches Ambassador Program for EPIQ MD - American International Holdings announced that its subsidiary EPIQ MD has launched its much-anticipated Ambassador Program. This groundbreaking initiative will combine community, entrepreneurship, and technology to bring healthcare solutions to the near 80 million uninsured and underinsured, hardworking U.S. residents who have been left behind by ever-increasing insurance and medical costs. With the introduction of Epiq MD's Ambassador Program, AMIH believes they have set up the perfect mix of direct sales and organic community involvement, both of which have been largely missing components in the traditional healthcare industry. Epiq MD's Ambassador Program aims to bind entrepreneurship with stewardship in an innovative manner creating leaders in communities all across the nation. Accordingly, the Company is confident this will grant them a significant competitive advantage.
ANSS SSNLF

Hot Stocks

09:18 EST Ansys solutions receive certification for Samsung's 3nm, 4nm process technology - Ansys (ANSS) achieved certification of its multiphysics signoff solutions for Samsung (SSNLF) Foundry's advanced 3nm and 4nm process technologies. This enables joint customer designs to meet critical power, thermal, and reliability standards for highly sophisticated artificial intelligence/machine learning, high-performance computing (HPC), and networking chips, as well as low power 5G and mobile applications. The certification of Ansys RedHawk-SC for Samsung Foundry 3nm and 4nm process technologies includes power network extraction, power integrity and reliability, signal electromigration, thermal reliability analysis for self-heat, thermal-aware EM, and statistical EM budgeting. Redhawk-SC will analyze very large 3nm network designs by using elastic compute, big-data analytics and high capacity of its underlying Ansys SeaScap infrastructure.
NAVI

Hot Stocks

09:17 EST Navient supports New Boys & Girls Clubs of America curriculum - Navient and Boys & Girls Clubs of America announced the launch of a new digital program to help young people and their families learn about financial aid and how to pay for college. This online program expands upon Diplomas to Degrees, Boys & Girls Clubs of America's college readiness program, to guide high schoolers through their postsecondary education and career planning journeys.
PLCE

Hot Stocks

09:17 EST Children's Place releases 2020 annual ESG report - The Children's Place announced the release of its 2020 Environment, Social and Governance Report. The 2020 ESG Report details the Company's strategic approach to ESG. It sets forth the progress made in fiscal 2020 on the Company's environmental initiatives, including its science-based goals to reduce greenhouse gas emissions, and its measureable targets to increase the use of more sustainable raw materials in its products and to reduce the use of water and chemicals in its global supply chain. The 2020 ESG Report also establishes new and updated environmental goals against which future annual reports will measure progress on addressing climate change, water stewardship initiatives, chemical management programs, waste diversion targets and circularity through reuse and recycling. The 2020 ESG Report also details the Company's commitment to social topics, including workforce diversity, equity in pay and opportunity, building an inclusive environment where all people feel welcomed and valued, giving back to children and families in need, and worker well-being in its global supply chain.
FLNT

Hot Stocks

09:16 EST Fluent to appoint Sugandha Khandelwal as CFO - Fluent appointed Sugandha Khandelwal as CFO effective December 6. CFO Alex Mandel since 2018 will continue in the role until the effective date of Khandelwal's appointment and will assist with the transition through December 31. Prior to joining Fluent, she served as Chief Financial Officer of the Consumables and Health & Wellness businesses at Sam's Club, a division of Walmart. Prior to this role, Sugandha was Head of Financial Planning, Strategy and Business Development at Walmart U.S. Merchandising organization.
VNO MSGE

Hot Stocks

09:15 EST MSG Entertainment leases 428,000 square feet at Vornado's PENN 2 - Vornado Realty Trust (VNO) announced that Madison Square Garden Entertainment (MSGE) has signed a new 20-year lease for 428,000 square feet at Vornado's PENN 2, which will remain MSG Entertainment's corporate headquarters. Steven Roth, Chairman and CEO of Vornado, commented, "We are delighted to continue our long-standing partnership with MSG, the world's premier sports and entertainment brand. MSG's commitment to PENN 2 continues the momentum we are generating in the PENN DISTRICT, where we are creating a one of a kind, next generation work environment at the heart of New York City's thriving West Side."
SSY

Hot Stocks

09:14 EST SunLink Health Systems provides COVID-19 update - The company said, "...Going forward, the Company is unable to determine the extent to which the COVID-19 pandemic will continue to affect its assets and operations. Our ability to make estimates of the effect of the COVID-19 pandemic on revenues, expenses or changes in accounting judgments that have had or are reasonably likely to have a material effect on our financial statements is currently limited. The nature and extent of the effect of the COVID-19 pandemic on our balance sheet and results of operations will depend on the severity and length of the pandemic; government actions to mitigate the pandemic's effect; regulatory changes in response to the pandemic, especially those that affect our hospital, extended care, rehabilitation center and nursing home and clinics, and our pharmacy operations; existing and potential government assistance that may be provided; and the requirements of PRF receipts, including our ability to retain such PRF received."
CVSI

Hot Stocks

09:14 EST CV Sciences announces convertible note financing - CV Sciences announced that it has entered into a securities purchase agreement with an institutional investor, providing for the sale and issuance of convertible notes due 2022 in the aggregate original principal amount of $1.06 million. Upon our filing with the Securities and Exchange Commission of an additional prospectus supplement and supplemental indenture and our satisfaction of certain other closing conditions, we may elect to offer and sell up to and additional $4,240,000 in aggregate principal amount of notes at additional closings, resulting in potential gross proceeds for this offering and such additional offerings, of approximately $5.3 million. This initial offering is expected to close on or prior to November 17, 2021, subject to satisfaction of customary closing conditions. The notes, when issued, will have an original issue discount of 6%, will mature 6 months from the closing date and will have an initial fixed conversion price of $0.2611, which represents a 120% premium to the arithmetic average of the volume weighted average prices of our common stock during the five trading day period ended, and including, November 12th, 2021 and will be subject to full ratchet antidilution protection. The Notes will also be alternately convertible, at such holder's option, at an alternate conversion price equal to the lesser of (x) the fixed conversion price then in effect, and the greater of (x) $0.01, (y) 90% of the arithmetic average of the three lowest volume weighted average prices of our common stock during the ten (10) consecutive trading days immediately prior to such conversion and (z) 97% of the lowest sale price of our common stock on such conversion date. The Company expects to use net proceeds of approximately $1 million, before deducting transaction fees and other estimated transaction expenses, from this offering for general corporate purposes which may include, without limitation, funding of product development, sales and marketing activities, increasing the Company's working capital and investment in its products and intellectual property in order to accelerate growth.
DDD

Hot Stocks

09:13 EST 3D Systems advances production applications with additive solutions - 3D Systems announced a host of innovations designed to enhance customer success and catalyze industries. The company is introducing high-throughput 3D printing technologies, a new partnership to provide industry-leading post-processing, improved additive manufacturing software, and a new production-grade photopolymer. The company introduced its next-generation selective laser sintering workflow that combines 3D Systems' new SLS 380, 3D Sprint, DuraForm materials, and AMT's PostPro. The company is announcing the DMP Flex 350 Dual and DMP Factory 350 Dual that include two lasers that help reduce build time by up to 50% and lower cost.
OSPN

Hot Stocks

09:13 EST OneSpan appoints Matthew Moynahan as CEO - OneSpan announced that the company's board of directors has appointed Matthew Moynahan as president and CEO effective November 29. Moynahan most recently served as CEO at Forcepoint, a subsidiary of Raytheon Technologies (RTX), for nearly five years. Moynahan will work closely with Steven Worth, who has served as interim CEO since August.
COLL

Hot Stocks

09:13 EST Collegium Pharmaceutical authorizes $25M accelerated share repurchase program - Collegium Pharmaceutical has entered into an Accelerated Share Repurchase agreement with Jefferies to repurchase $25M of the company's common stock. Collegium will execute the ASR as part of the $100M share repurchase program authorized by its Board of Directors in August. Upon completion of this ASR, Collegium will have $52.2M remaining under the authorization. Collegium will pay $25 million to Jefferies LLC and will receive approximately 1,026,694 shares, based on the $19.48 closing stock price of Collegium's common stock on November 12, 2021, representing approximately 80% of the total shares the company expects to repurchase under the ASR agreement. The final number is expected to be completed in 1Q22. As of September 30, Collegium had approximately 34.8M shares outstanding.
BTCS

Hot Stocks

09:12 EST BTCS announces convertible note retirement - BTCS announced that by paying off its last $1.0 million convertible note, issued in January 2021, the Company is now debt-free. With BTCS insiders owning approximately 42% of the Company's outstanding shares, there is a strong alignment of shareholder interests, and desire to minimize dilution and create value. "By eliminating our remaining outstanding debt and avoiding the potential dilution from the conversion of this note, we are driving further value for our shareholders," stated Charles Allen, Chief Executive Officer of BTCS. "The note could have converted at a discount to the closing market price on the date of conversion." The retired note's 12% cost of capital offered a favorable non-dilutive funding vehicle as evidenced by the +667% increase in the market value of the Company's digital asset holdings from $4 million at the beginning of 2021 to $45.7 million as of November 4, 2021. The note helped drive this exponential increase, providing an exceptional return on investment and the fuel for our revenue generating blockchain infrastructure operations. From the January 15, 2021 issuance of the now retired note, BTCS' stock price rose to $7.92 as of November 12, 2021 from $2.18 , representing a +263% increase. With inflation set to run at its highest rate in 30 years, possibly exceeding a 7% annual rate in the coming months, the digital assets held by BTCS are now increasingly recognized as an effective hedge against inflation thus positioning the Company to offer shareholders the opportunity to create real (i.e. inflation-adjusted) economic value.
SDC

Hot Stocks

09:11 EST SmileDirectClub announces next generation treatment planning system SmileOS - SmileDirectClub has announced SmileOS, the company's new treatment planning software that enables its affiliated network of state-licensed doctors to treat more patients, more accurately predict tooth movements, and better visualize their patients' treatment. "Our proprietary, custom-built SmileOS treatment planning software exceeds the capabilities of the off-the-shelf solutions used by many of our competitors and helps us deliver a superior customer experience," said Dr. Jeffrey Sulitzer, Chief Clinical Officer, SmileDirectClub. "SmileDirectClub has a legacy of unprecedented innovation and vertical integration, creating in-house expertise in retail, manufacturing, and distribution operations, as well as treatment planning software with SmileOS. This translates to an unmatched customer experience and even better treatment outcomes."
NLOK AVASF

Hot Stocks

09:11 EST NortonLifeLock merger with Avast cleared by US Department of Justic - NortonLifeLock (NLOK) announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with its previously-announced recommended merger with Avast (AVASF). . The merger is proposed to be effected by means of a U.K. court-sanctioned scheme of arrangement, and remains subject to the terms and additional conditions to closing set out in the scheme document that was published on October 28, 2021. The merger is expected to be completed in mid-2022.
FDS

Hot Stocks

09:11 EST FactSet appoints Kendra Brown Head of Investor Relations - FactSet has appointed Kendra Brown Senior Vice President, Investor Relations. She will replace Rima Hyder, Senior VP, Investor and Media Relations. Hyder has resigned from FactSet to pursue other opportunities, effective December 10. Kendra Brown is currently Senior VP and Chief of Staff to the CEO at FactSet. Prior to this role, she was Director of Product Development within FactSet's Research & Advisory workflow solutions business. Brown joined FactSet in 1999.
SPXC

Hot Stocks

09:11 EST SPX Corporation to purchase Cincinatti Fan from Dominus Capital - SPX Corporation announced that it has entered into a definitive agreement to purchase Cincinnati Fan & Ventilator Co., Inc from Dominus Capital, L.P. Cincinnati Fan is headquartered in Mason, Ohio and has approximately 215 employees in the US and the UK. The transaction is expected to close by year end 2021 and is subject to regulatory approval and customary closing conditions. Other terms of the transaction are not being disclosed at this time. Once fully integrated, SPX anticipates that the acquisition will be accretive to its HVAC segment margin. SPX was represented by BlackArch Partners, LLC as financial adviser and Holland & Knight LLP as legal counsel. William Blair served as financial advisor, and White & Case LLP served as legal counsel for Cincinnati Fan.
GVP

Hot Stocks

09:10 EST GSE Systems wins contract to support nuclear-powered energy data center campus - GSE Systems announces a new contract with Talen Energy to support development of its subsidiary, Cumulus Data's, flagship Susquehanna Hyperscale Data Center Campus. GSE DP Engineering, a longtime Talen Energy Engineer of Choice service provider, is part of a multi-faceted, multi-company team supporting the project initiative. Talen Energy is developing a cryptocurrency mining facility and data center on the campus, which is adjacent to Susquehanna Steam Electric Station in Salem Township, Luzerne County, PA and will be powered by the nuclear power plant. "We are pleased to continue our support of Talen Energy and Cumulus as their operations expand into the carbon free powered data center space," said Kyle Loudermilk, President and Chief Executive Officer of GSE Solutions. "As the adoption of technology advances, and consumes ever more energy, there is increasing demand for zero carbon energy for data centers that support applications like cloud computing, data storage and cryptocurrency processing. Nuclear energy provides highly reliable, 24/7 carbon free power and is a natural fit for these essential data centers. GSE is proud to help with the design of infrastructure to bring nuclear as the carbon free energy source to the new SHC. It's exciting to be part of such an innovative endeavor, and we look forward to further opportunities to advance carbon free power applications such as this." The project is expected to come online in Q2 2022.
TSN

Hot Stocks

09:09 EST Tyson Foods expects to grow total company volumes 2%-3% in FY22 - Comments taken from Q4 earnings conference call.
CHRS

Hot Stocks

09:09 EST Coherus Biosciences, Junshi announce orphan drug designation for toripalimab - Coherus BioSciences and Shanghai Junshi Biosciences announced that the United States Food and Drug Administration has granted Orphan Drug Designation for toripalimab for the treatment of esophageal cancer. Orphan drug designation is granted to drugs and biologics intended to treat rare diseases with a patient population less than 200,000 in the U.S. The designation provides incentives to advance development and commercialization of rare disease drugs. In September, Coherus and Junshi Biosciences announced results of the Phase 3 clinical trial, JUPITER-06, a randomized, double blind, placebo-controlled study evaluating toripalimab in combination with chemotherapy as a first-line therapy for patients with advanced or metastatic ESCC. The study met the co-primary endpoints with statistically significant and clinically meaningful improvements in progression free survival and overall survival for patients treated with the toripalimab and chemotherapy combination, compared to chemotherapy alone. In 2022, Coherus and Junshi Biosciences are planning to submit a biologics license application supplement to the FDA for toripalimab in combination with platinum-based chemotherapy for the first-line treatment of advanced or metastatic ESCC. A BLA for toripalimab for advanced recurrent or metastatic nasopharyngeal carcinoma is currently under priority review by the FDA with a target action date of April 2022.
CBAY

Hot Stocks

09:09 EST CymaBay's seladelpar improves key liver biomarkers - CymaBay announced results of analyses from two clinical studies of seladelpar during The Liver Meeting Digital Experience 2021 of the American Association for the Study of Liver Diseases. In an oral presentation, Marlyn Mayo of the University of Texas Southwestern Medical Center presented data highlighting the efficacy and safety of seladelpar at one and two years of treatment in patients with primary biliary cholangitis. These data support that long-term treatment with seladelpar resulted in continued improvement in markers of cholestasis after one year. A second clinical presentation highlights the treatment effects of seladelpar in compensated cirrhotic patients with portal hypertension after 3 months. In this analysis, 33% and 60% of cirrhotic patients with portal hypertension met the composite responder endpoint in the 5 mg and 10 mg groups, respectively. Total bilirubin, platelets, albumin, and INR either improved or remained stable. Seladelpar appeared safe and well-tolerated. Efficacy, safety, and tolerability in patients with compensated cirrhosis and PHT was comparable to that of non-cirrhotic patients.
MDP...

Hot Stocks

09:08 EST Meredith announce pending acquisitions by Gray, Dotdash get regulatory approval - Meredith (MDP) announced that its pending acquisitions by Gray Television (GTN) Inc. and IAC's (IAC) Dotdash Media received key regulatory approvals. First, the Federal Communications Commission has approved Gray's acquisition of Meredith, and Meredith will now seek the transaction's approval at a November 30, 2021, special shareholder meeting. Immediately prior to the Gray acquisition, Meredith will spin its digital, magazine, MNI, PEOPLE TV, and corporate operations out to shareholders as a new company, Meredith, that Dotdash has agreed to acquire. Additionally, Meredith announced the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 for Meredith Holdings' acquisition by Dotdash expired on November 12, 2021. Meredith continues to expect both transactions to close on December 1, 2021, subject to shareholder approval of Gray's acquisition, and subject to the satisfaction of the other terms and conditions of the merger with Gray, as well as the spin-off of Meredith Holdings and its merger with Dotdash.
MULN

Hot Stocks

09:08 EST Mullen Automotive now owns Tunica, Mississippi, EV assembly plant - Mullen Automotive announced that the company closed purchase of the Tunica, Mississippi, Advanced Manufacturing and Engineering Center without any debt and will begin ramp-up of hiring for the initial set of skilled trades and support staff. AMEC is in Robinsonville, Mississippi, which is located in Tunica County, and approximately 40 miles south of Memphis, Tennessee. Mullen's previously announced plans on Nov. 5 to build out another 1.2 million square feet of manufacturing space to support class 1 and class 2 EV cargo vans and the Mullen FIVE EV Crossover at AMEC. The facility currently occupies 124,000 square feet of manufacturing space. The total available land on the property is over 100 acres. On the expanded site, Mullen plans to build a body shop, fully automated paint shop and a general assembly shop. Mullen's commitment to the facility is strong and growing with hiring ramp-up now beginning for initial workers to support the initial preproduction build of class 1 and class 2 EV Cargo Vans.
NXPI

Hot Stocks

09:07 EST NXP Semiconductors announces launch of senior unsecured notes offering - NXP Semiconductors announced that its subsidiaries NXP B.V., NXP Funding LLC and NXP USA, intend to commence a private offering of senior unsecured notes pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended. The Notes will be fully and unconditionally guaranteed on a senior basis by NXP Semiconductors N.V. and will be structurally subordinated to the liabilities, including trade payables, of NXP's other subsidiaries. In addition, the Notes will be effectively junior to all future secured debt of the Issuers and NXP Semiconductors N.V., to the extent of the value of the assets securing such debt. NXP intends to use a portion of the net proceeds from the offering of the Notes to redeem the $1,000 million aggregate principal amount of outstanding dollar-denominated 3.875% senior unsecured notes due 2022 in accordance with the terms of the indenture governing the 3.875% 2022 Notes, including all premiums, accrued interest and costs and expenses related to the 3.875% 2022 Notes Redemption. NXP intends to use the remaining net proceeds for general corporate purposes, which may include capital expenditures or equity buyback transactions.
ENNV

Hot Stocks

09:05 EST Fast Radius partners with Axial3D - Fast Radius is working with Axial3D to produce intricate surgical models. Leveraging Fast Radius' Cloud Manufacturing Platform, Axial3D is creating customized 3D-printed models to improve surgical planning and patient outcomes. Axial3D's AI-enabled software allows physicians to transform two-dimensional medical images of a patient's anatomy into 3D-printed models. Fifty-three percent of physicians change their surgical plans when using one of Axial3D's personalized models, resulting in surgery times that are an average of 62 minutes shorter. Patients also report a 16 percent reduced recovery time when a 3D anatomical model is used in treatment. As Axial3D's cloud manufacturing and production partner, Fast Radius makes the certified, custom surgical models and delivers them to physicians across North America in less than three days. Fast Radius' technology-agnostic manufacturing approach and network of microfactories allow Axial3D to print each of their surgical models on the ideal technology for its design.
CELU

Hot Stocks

09:04 EST Celularity presents preclinical data on allogeneic genetically-modified NK cells - Celularity reported its findings in a poster presentation at the Society for Immunotherapy of Cancer Annual Meeting held in Washington, D.C., November 10-14, 2021. Poster 159: "Developing placental CD34+-derived natural killer cells with high affinity cleavage resistant CD16 and Cetuximab for enhanced therapy of EGFR+ non-small cell lung and head and neck cancers" Highlights: CYNK-101 is a cryopreserved off the shelf allogeneic NK cell product, overexpressing a high IgG binding affinity, proteinase cleavage resistant, CD16 variant. The results demonstrate the synergistic effect of combining CYNK-101 with Cetuximab to drive antibody dependent cellular cytotoxicity activity against EGFR+ tumors. Further development of the combinational therapy against EGFR+ non-small cell lung cancer and head and neck squamous cell carcinomas is warranted.
NFYEF

Hot Stocks

09:03 EST NFI Group attends APTA TRANSform with EV lineup - NFI Group announced that all NFI subsidiaries attended the American Public Transportation Association TRANSform Conference and EXPO last week in Orlando, Florida, connecting with customers, suppliers and industry partners, and showcasing NFI's wide offering of buses and coaches, smart connected technology, infrastructure, and parts.
AAWW BABA

Hot Stocks

09:02 EST Atlas Air partners with Cainiao to operate Asia-Latin America flights - Atlas Air Worldwide Holdings announced its Atlas Air, Inc. subsidiary has expanded its partnership with Cainiao Network, the logistics arm of Alibaba Group, to enhance overall shipping efficiency in response to the growth of cross-border trade between China and Latin America. With the launch of daily flights, Cainiao's weekly cargo volume from China to Latin America has increased 144% compared to last October when there were only three chartered flights per week. Under the expanded agreement, Atlas has added an additional B747-400F to fly between Hong Kong, China and Santiago, Chile. This brings the total dedicated fleet that Atlas operates for Cainiao to five aircraft. This expanded fleet builds upon the successful collaboration between Atlas and Cainiao, which was launched in October 2020, with Atlas operating three weekly charter flights dedicated to Cainiao, linking Hong Kong with Brazil and Chile. The current upgraded Atlas-Cainiao partnership has enhanced overall warehouse distribution and air freight efficiency by over 40%.
VJET

Hot Stocks

09:02 EST Voxeljet, Covestro collaborate to develop additive manufacturing solution - Covestro and industrial 3D printer manufacturer voxeljet are collaborating to develop a material-machine combination for economic large series additive manufacturing. After jointly developing and qualifying a Thermoplastic Polyorethane powder for HSS, the two companies are taking their collaboration to the next level by bringing customers a material-process solution for volume manufacturing of their specific applications. voxeljet will contribute its knowledge with its large format VX1000HSS printer platform, and Covestro its expertise in designing functional materials, to develop a material-process solution that can be deployed for large scale manufacturing.
BNGO

Hot Stocks

09:02 EST Bionano Genomics to present at Association for Molecular Pathology meeting - Bionano Genomics announced the lineup of content scheduled to be presented at the annual meeting of the Association for Molecular Pathology. The content is expected to include an oral platform presentation, six poster presentations, a corporate workshop and an innovation spotlight. The presentations span a range of applications, including prenatal analysis, genetic disease, hematological malignancies, solid tumor and advances in the OGM technique for detecting more clinically relevant variants. The content for the spotlight will cover Bionano's efforts in building a cancer knowledgebase for interpreting variants faster, the power of combining OGM and NGS data to reveal significantly more clinically relevant variants than with NGS alone and an illustration of an application of OGM as an alternative to karyotyping and FISH for revealing complex, clinically relevant structural variants in an aggressive leukemia/lymphoma subject.
OMRNY

Hot Stocks

09:01 EST Omron establishes PoCC new DFW in Dallas County, Texas - Omron Automation Americas establishes a new proof-of-concept center PoCC near the Dallas/Fort Worth, DFW, International Airport in Dallas County, Texas. "Today's manufacturers face many challenges, including a rapidly changing environment which requires agility and flexibility. We understand that existing production set-ups are complicated, and changing them can be a huge investment" says Robb Black, President and CEO of Omron Automation Americas. "The Omron PoCC in Dallas/Fort Worth bridges the gap between theory and practice, providing peace of mind that the solution will work in new and existing applications... As a solution partner, it's critical that we have the capabilities and facilities to co-develop and realize innovation with our customers where they operate," says Black. "Omron's PoCCs are where our customers can test solutions in realistic environments and see how they make machines, production lines, and even whole enterprises safer and more efficient. But most importantly, it's where our engineers, customers, and integrators come together locally to collaborate, brainstorm, and innovate."
CEMI

Hot Stocks

09:01 EST Chembio Diagnostics ennounces extension of delivery schedule - Chembio Diagnostics announced that the delivery schedule for shipments of DPP SARS-COV-2 Antigen Tests under its July 2021 purchase order from Bio Manguinhos has been extended into March 2021. As the result of a portion of the shipments now being deliverable after year end, Chembio believes it now has the opportunity to fulfill all of the $28.3 million order. Chembio's delivery of tests covered by the purchase order, however, continues to be negatively affected by limitations of Chembio's supply chain, staffing, and liquidity, and other matters outside Chembio's control. The DPP SARS-CoV-2 Antigen test is designed to detect the SARS-CoV-2 antigen, which indicates an active COVID-19 infection, in only 20 minutes using a minimally invasive nasal swab.
TMO

Hot Stocks

09:00 EST Thermo Fisher announces new collaborations, co-marketing agreements - Thermo Fisher Scientific announced proteomics solutions and a series of co-marketing agreements with industry experts, advancing the throughput, comprehensiveness and quality of proteomics workflows for applications such as single-cell studies and translational research. New co-marketing agreements accelerate proteomics workflows: Thermo Fisher is extending their co-marketing agreement with Biognosys to provide laboratories performing high-throughput plasma analysis with innovative and streamlined instruments, kits and software to enable efficient and accurate workflows at scale. The PQ500 Reference Peptide Kit from Biognosys is able to quantify more than 500 proteins in human plasma/serum samples as part of the SureQuant IS-PRM workflow, enabled only with the Thermo Scientific Orbitrap Exploris 480 mass spectrometer, delivering sensitive and accurate quantitation to drive scientific progress or clinical decision making. New liquid chromatography solution and acquisition strengthen separations for proteomics: The Thermo Scientific Vanquish Neo Ultra-High Performance Liquid Chromatography System complements high-resolution Thermo Scientific Orbitrap mass spectrometry for proteomics analyses, minimizing sample loss and delivering the highest quality of data. The new system is designed for high-sensitivity LC-MS applications, with excellent analytical performance at flow rates from 1 nL/min to 100 microL/min up to 1500 bar. Thermo Fisher has also extended its chromatography portfolio through the acquisition of Belgium-based PharmaFluidics, the developer of the muPAC range of micro-chip-based chromatography columns. Expanding single-cell proteomics workflow with sample preparation: A co-marketing agreement between Thermo Fisher and Cellenion will deliver a full workflow, from sample to results, for scientists performing single-cell proteomics analysis. Laborious sample preparation has typically held back single-cell MS methods. To overcome this, Cellenion's sample preparation solution, cellenONE, combines single-cell isolation and nanoliter dispensing to perform every step of the sample preparation using a single device.
ONCT

Hot Stocks

09:00 EST Oncternal Therapeutics presents interim Phase 1/2 trial data for ONCT-216 - Oncternal Therapeutics announced updated interim clinical data from the Phase 2 expansion cohort of its ongoing Phase 1/2 clinical trial evaluating ONCT-216, an investigational, potentially first-in-class, targeted small-molecule inhibitor of the E26 transformation-specific family of oncoproteins, in patients with relapsed or refractory Ewing sarcoma. The data update was delivered in an oral presentation at the Connective Tissue Oncology Society 2021 Virtual Annual Meeting. ONCT-216 remains generally well tolerated. As of the October 1, 2021 data cutoff date, the most common drug-related adverse events included myelosuppression, fatigue, alopecia, nausea, pyrexia, and decreased appetite. The myelosuppression was primarily neutropenia, which was transient and readily managed. No unexpected off-target toxicities have been observed.
KALA

Hot Stocks

08:59 EST Kala Pharmaceuticals acquires Combangio - Kala Pharmaceuticals has acquired Combangio, a private, clinical-stage company developing regenerative biotherapies for severe ocular surface diseases. Combangio is developing CMB-012, a novel investigational secretome therapy, now known as KPI-012, to address the complex wound healing process in persistent corneal epithelial defect and other severe ocular diseases driven by impaired corneal healing. KPI-012 is currently in clinical development for the treatment of PCED, a persistent non-healing corneal defect or wound that is refractory to conventional treatments. KPI-012 has received Orphan Designation for the treatment of PCED by the FDA. Kala plans to submit an investigational new drug application to the FDA and, subject to regulatory clearance, initiate a Phase 2/3 trial of KPI-012 in 3Q22. Kala believes this trial could serve as the first of two required pivotal trials. The FDA has granted KPI-012 orphan drug designation for the treatment of PCED and the company believes KPI-012 should meet the criteria for fast-track and breakthrough designations. Combangio Chairman Mark Blumenkranz has been appointed to the Kala Board of Directors, and Combangio CEO Darius Kharabi has been appointed as Chief Business Officer of Kala, both effective November 15.
MPLN

Hot Stocks

08:59 EST MultiPlan issues letter to stockholders regarding short seller allegations - MultiPlan released a letter to its stockholders on its website. The letter said, "As you know, MultiPlan's fundamentals have never been stronger. Since going public, we have reported five consecutive quarters of strong earnings. We continue to integrate our recent strategic acquisitions, and we recently refinanced our debt to significantly extend maturities. In October, we raised both the midpoint of our full-year 2021 revenue guidance and raised our full-year 2021 EBITDA guidance. Unfortunately, our strong fundamental performance has been overshadowed by the unsubstantiated allegations by short sellers - motivated by their own economic self-interest - that our largest customer, UnitedHealthcare (UHC), is planning to terminate its relationship with MultiPlan. Recent sworn testimony makes clear UHC's position with respect to its relationship with MultiPlan, and further supports our previous comments that these short-seller assertions are false. Along with many others, we have been closely following the ongoing litigation between UHC and an emergency physician staffing business. Last week, a document that called MultiPlan's and UHC's relationship into question surfaced in that trial and became a subject of interest in the securities markets. Later in the week, however, a recently retired UHC senior executive testified under oath that, as recently as August 2021, when he left UHC, UHC had no plan in place to terminate its contract with MultiPlan and had not created a product or service to replace MultiPlan. This senior executive, who oversaw the MultiPlan relationship, also attested to the strength and the interconnectedness of the commercial relationship between UHC and MultiPlan. The false UHC "termination" narrative has been deployed tactically by opportunistic short sellers seeking to profit at the expense of MultiPlan's shareholders and bondholders. Last week's trial testimony by this executive directly contradicts this narrative. MultiPlan has been closely following the trial testimony and wishes to share the following key takeaways directly from what we heard from the broadcast of the trial... The bottom line is that MultiPlan's relationship with UHC remains strong and recent sworn testimony contradicts the false suggestion that UHC intends to terminate that relationship. MultiPlan has built a business over decades by working with payors, providers and patients to expand care while reducing costs. In 2020, we processed approximately $105B in billed charges and identified approximately $19B in potential savings opportunities for payors, healthplans and plan members. UHC is one of our many partners with whom we work closely to deliver significant savings to consumers and their employers. We plan to continue to grow our platform to benefit and drive value for our customers, employees and stockholders, and we remain fully committed to acting in the best interests of our stockholders and other stakeholders in the years to come."
TOI DFPH

Hot Stocks

08:58 EST The Oncology Institute completes combination with DFP Healthcare - The Oncology Institute announced that it has closed its previously announced business combination with DFP Healthcare Acquisitions Corp. The transaction was approved at a special meeting of DFP's stockholders on November 12, 2021. The combined company was renamed "The Oncology Institute" and will be led by its existing management team. Its shares of common stock and warrants began trading today on NASDAQ under the new ticker symbols "TOI" and "TOIIW". The transaction implies an enterprise value for TOI of $842 million. In connection with the transaction, TOI raised approximately $334 million of cash proceeds, which includes $275 million from a previously announced private placement of common stock. Of that $334 million, approximately $133 million will be retained on TOI's balance sheet to fund growth initiatives, including de novo clinics and acquisitions. The Oncology Institute's new board of directors will be comprised of seven directors, including: Richard Barasch, Brad Hively, Karen Johnson, Mo Kaushal, Anne McGeorge, Maeve O'Meara, and Ravi Sarin. TOI's management team will continue to be led by Brad Hively, Chief Executive Officer; Dr. Daniel Virnich, Chief Operating Officer; Scott Dalgleish, Chief Financial Officer; and Dr. Matt Miller, Chief Administrative Officer.
JRVR

Hot Stocks

08:57 EST James River Group appoints Mike Hoffman as group chief underwriting officer - James River Group Holdings announced that Mike Hoffmann has joined the Company as Group Chief Underwriting Officer. In a newly created role, Mr. Hoffmann will lead a team with responsibility for underwriting, enterprise risk and ceded reinsurance strategy across the Group. Mike joins James River most recently from Everest where he was Head of Risk and Ceded Re. Prior to then, he spent 15 years with Allied World Assurance, where he most recently served as Global Insurance Chief Underwriting Officer. Prior to Allied World, Mike spent 14 years with Chubb in a variety of roles in the U.S. and Bermuda. At James River, he will report into Chief Executive Officer Frank D'Orazio.
PRTG

Hot Stocks

08:56 EST Portage Biotech highlights efficacy, survival data on INT230-6 - Portage Biotech highlighted data being presented by Intensity Therapeutics during the Society for Immunotherapy of Cancer 36th Annual Meeting and the Connective Tissue Oncology Society Annual Meeting. Data from the Phase 2 IT-01 trial shows that Intensity's lead asset, INT230-6 is well tolerated with direct tumor-killing effects, both as a monotherapy and in combination with the approved checkpoint inhibitors pembrolizumab and ipilimumab. Highlights from the presentations are included below. INT230-6 is a novel intratumoral amphiphilic formulation developed by Intensity Therapeutics, a company affiliated with Portage. It delivers potent cancer-killing agents directly into the tumor to immediately reduce cancer burden, break down the cytokine wall and recruit immune cells to attack residual disease. The Phase 2 IT-01 trial is governed by joint development committees with Bristol Myers Squibb and Merck, in which Dr. Walters contributes as a representative of Intensity Therapeutics. Data Highlights: INT230-6 demonstrates direct tumor killing in injected lesions; Immunohistochemistry analysis and abscopal results in non-injected lesions indicate dosing INT230-6 may also activate a T-cell mediated immune response; INT230-6 injection into tumors appears to be a promising approach in treating metastatic disease alone and in combination with immunotherapies; Biopsies from tumors treated using INT230-6 showed substantial tumor necrosis, reduction of viable cancer, a decreased cancer proliferation as measured by Ki67, and increased tumor infiltrating lymphocytes such as CD4 and CD8 T-cells; Exploratory analysis suggests promising survival for subjects receiving INT230-6 compared to historical standards Data Highlights: Preliminary data suggests that INT230-6 (PORT-1), as a monotherapy, demonstrates direct tumor killing in soft tissue sarcoma subjects that can elicit an anti-cancer immune response; INT230-6 (PORT-1) was also shown to be well tolerated either as a monotherapy or in combination with checkpoint inhibitor ipilimumab; Exploratory analysis suggests promising survival with dosing, based on total tumor burden, as compared to historic survival from historical sarcoma studies
NVAX

Hot Stocks

08:55 EST Novavax announces submission of BLA in South Korea for NVX-CoV2373 - Novavax and SK bioscience announced the submission of a Biologics License Application, BLA, for Novavax' COVID-19 vaccine to South Korea's Ministry of Food and Drug Safety, MFDS. NVX-CoV2373, Novavax' recombinant nanoparticle COVID-19 vaccine with Matrix-M adjuvant, is the first protein-based COVID-19 vaccine to be submitted for BLA in Korea. "Today's submission reflects the first BLA submission for full approval of our COVID-19 vaccine anywhere in the world, with more anticipated to follow," said Stanley Erck, President and Chief Executive Officer, Novavax. "Our partnership with SK bioscience reinforces our shared commitment to global equitable access as we work together to deliver our COVID-19 vaccine, built on a proven, well-understood vaccine platform." In collaboration with Novavax, SK bioscience initiated the rolling submission process for NVX-CoV2373 to the MFDS in April of this year. The completion of a BLA submission to the MFDS marks the final review stage for authorization of NVX-CoV2373 in Korea. Novavax and SK bioscience have an existing manufacturing and licensing collaboration that is intended to provide broad and equitable access to NVX-CoV2373 both in Korea and globally through the COVAX Facility. SK bioscience finalized an advance purchase agreement with the Korean government to supply 40 million doses of NVX-CoV2373 to South Korea earlier this year.
CELC PFE

Hot Stocks

08:54 EST Celcuity enters supply agreement with Pfizer for Ibrance - Celcuity (CELC) announced that it has entered into a clinical trial collaboration and supply agreement with Pfizer (PFE) to provide Ibrance for use in Celcuity's Phase 3 clinical trial at no cost to Celcuity. As previously disclosed, Celcuity expects to initiate a Phase 3 clinical trial in the first half of 2022 to evaluate gedatolisib, the company's pan-PI3K/mTOR inhibitor, in combination with palbociclib, a CDK4/6 inhibitor, and Faslodex, a selective endocrine receptor degrader, in patients with ER+/HER2- advanced breast cancer. Further details about the design of the clinical trial will be provided once feedback is obtained from the FDA.
NMIH

Hot Stocks

08:54 EST NMI Holdings COO Patrick Mathis to retire - NMI Holdings announced that Norm Fitzgerald, currently the company's Senior Vice President and Chief Sales Officer, has been appointed Executive Vice President and Chief Sales Officer, and Mohammad Yousaf, currently the company's Senior Vice President and Chief Business Transformation Officer, has been appointed Executive Vice President, Operations and IT. Both promotions will take effect on January 1, 2022. In addition to the executive appointments, National MI announced the retirement of Patrick Mathis, currently the company's Executive Vice President and Chief Operating Officer, effective April 1, 2022. Mr. Mathis joined National MI as Chief Risk Officer in 2012 and assumed responsibility as Chief Operating Officer in 2018.
SRZN

Hot Stocks

08:53 EST Surrozen presents data supporting potential of SZN-043 - Surrozen announced that data from its liver disease program, including preclinical studies of SZN-043 showing improved liver metabolic function, were presented during The Liver Meeting 2021, organized by the American Association for the Study of Liver Diseases and held November 12-15. In a poster titled, "SZN-043 Improves Liver Metabolic Function in a Mouse Preclinical Model," the data showed that methacetin quantification after IV dosing in mice can be used to demonstrate that SZN-043 can quickly increase liver function and that the duration of this effect is transient but can last beyond effects on gene regulation. The poster titled "Non-Invasive Pharmacodynamic Markers of SZN-043 Target Engagement and Wnt Pathway Activation," analyzed the effect of SZN-043 on non-invasive pharmacodynamic markers of target occupancy and Wnt/beta-catenin activation in normal mice treated with a single dose of SZN-043 at increasing doses. Target occupancy was evaluated by measuring serum alkaline phosphatase as SZN-043 binds to the ASGR receptor and increases ALP serum concentration by interfering with ALP elimination occurring through the ASGR receptor. Wnt/beta-catenin activation was evaluated by measuring serum leukocyte cell-derived chemotaxin-2 , a direct Wnt target gene. The results showed that serum ALP concentrations and LECT2 concentrations increased in a dose-dependent manner and that these markers can be used as non-invasive pharmacodynamic markers of SZN-043 target occupancy and Wnt activation, respectively. Consistent with the observation of interfering with ALP elimination, SZN-043 did not affect ALP gene expression. The final poster titled, "Angiogenin may be an early biomarker for regeneration in drug-induced liver failure," was selected as a poster of distinction and showed that an early increase in circulating angiogenin, the product of a direct Wnt target gene, was seen in patients with spontaneous survival after drug-induced liver failure suggesting that this serum marker may function as a prognostic indicator of regeneration and may function as a biomarker for the activation of Wnt signaling.
SPXC

Hot Stocks

08:52 EST SPX Corporation to purchase Cincinnati Fan from Dominus Capital - Dominus Capital announced that it has entered into a definitive agreement to sell Cincinnati Fan & Ventilator to SPX Corporation. "Dominus has been an excellent partner for Cincinnati Fan," said Paul Burton, President and CEO of Cincinnati Fan. "Dominus supported our growth with strong industry expertise and capital. We completed and integrated two strategic acquisitions and successfully launched new products to deliver more solutions to our customers. Dominus allowed us to maintain our core Cincinnati Fan DNA, while providing the resources to accelerate our growth story." The transaction is expected to close by year end 2021 and is subject to regulatory approval and customary closing conditions. Other terms of the transaction are not being disclosed at this time.
KROS

Hot Stocks

08:52 EST Keros Therapeutics presents results from preclinical study of RKER-012 - Keros Therapeutics presented results from a preclinical study of a research form of KER-012 at the American Heart Association 2021 Scientific Sessions held November 13 through 15. RKER-012 reduced cardiac dysfunction, cardiac remodeling and cardiac fibrosis in a pulmonary arterial banding mouse model of right ventricle overload. Relative to sham mice, PAB-vehicle and PAB-RKER-012 mice had elevated pulmonary arterial pressures on Day 1 that persisted until Day 21, indicating that the PAB surgery worked as intended. Treatment with RKER-012 in the PAB mice prevented changes in cardiac function and tissue remodeling, which provides support that RKER-012 has a cardio-protective mechanism of action that could potentially provide benefit in diseases such as pulmonary arterial hypertension.
BADFF

Hot Stocks

08:51 EST Badger Infrastructure announces change to quarterly dividend - Badger Infrastructure Solutions is pleased to announce its November 2021 cash dividend and announce a change to a quarterly cash dividend in 2022. Badger announced that the directors of Badger declared a cash dividend for the month of November 2021 of $0.0525 per share, which equates to $0.63 per share on an annualized basis. Payment will be made on or about December 15, 2021, to shareholders of record on November 30, 2021. Badger expects that the dividend will be an "eligible dividend" for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders. As previously announced on November 4, 2021, Badger's board of directors approved a change in the frequency of the Company's cash dividend payment from monthly to quarterly effective with its March 2022 dividend. The March 2022 quarterly cash dividend will be payable on April 15, 2022 to all shareholders of record at the close of business on March 31, 2022.
MGA

Hot Stocks

08:50 EST Magna announces preparation for CES 2022 - Magna is charging toward CES 2022 in Las Vegas where it will highlight its commitment to creating a better world of mobility. The company is demonstrating how its complete vehicle expertise and systems approach touches all aspects of the vehicle from electrification to advanced driver assist systems, connectivity and new mobility. The company will exhibit in the West Hall and will hold a press conference on Tuesday, Jan. 4, 2022 at 9 a.m. at the Mandalay Bay. Using full-sized vehicle and technology displays, mixed reality and product animations, Magna's booth will spotlight eco innovation - showcasing its latest technologies for clean and efficient mobility such as electric powertrain systems, active aerodynamics systems and battery enclosure solutions. Magna is also celebrating its CES 2022 Best of Innovation Award win for ICON Digital Radar in the Vehicle Intelligence and Transportation category. ICON Digital Radar, which sets a new standard for driver-assistance technology, is a market first in the automotive industry and is expected to debut on the all-electric Fisker Ocean in 2022.
IMMP

Hot Stocks

08:50 EST Immutep presents new data for LAG-3 therapy at SITC Annual Meeting - Immutep announced new data published in poster presentations at the Society for Immunotherapy of Cancer - SITC - Annual Meeting 2021 from 10-14 November the US. The new data relates to the company's Phase IIb AIPAC trial and Part C of its Phase II TACTI-002 study. In addition, a poster presentation of the trial design of the company's new randomised Phase IIb study in 1st line HNSCC was also presented at SITC. All three poster presentations relate to Immutep's lead candidate efti. CEO Marc Voigt commented: "The combination of the OS data in the prespecified subgroups, immune monitoring data and Quality of Life data, which were all statistically significant, give us confidence as we move forward with the development of efti in various late-stage settings...we have seen across our various studies that efti, with its unique mechanism of action, has the potential to benefit many cancer patients, including those with more limited treatment options." Overall Survival data from the abstract published on 9 November included statistically significant benefit in 3 patient subgroups representing a majority of patients, a statistically significant Quality of Life preservation in first 6 months in the efti group in total population; the statistically significant increase in peripheral CD8 T cells in patients in the efti group of the total population and the statistically significant correlation of this increase with improved OS; the TACTI-002 poster presentation showed an Overall Response Rate with 29.7% ) of 2nd line HNSCC patients responding to the combination therapy of efti and pembrolizumab; favourable duration and depth of responses, with 5 Complete Responses and a minimum duration of response extended to greater than 9 months across all responding patients; responses continue to be seen in PD-L1 low and high expressors, Further data from TACTI-002 is expected to be reported in H1 2022.
SANW

Hot Stocks

08:50 EST S&W Seed appoints Elizabeth Horton as executive VP, Chief Financial Officer - S&W Seed announced the appointment of Elizabeth Horton as its Executive Vice President, VP, and Chief Financial Officer, effective November 15, 2021. Horton succeeds Matthew Szot, who resigned from his position, and will serve as an advisor to the Company during the transition. Horton comes to S&W Seed Company from Miller Milling Company, a full-service flour milling company headquartered in Minneapolis, Minnesota, with five facilities across the country, where she served as CFO since 2018.
FARM

Hot Stocks

08:49 EST JCP opposed to proposed increase in authorized shares at Farmer Bros. - JCP Investment Management, a significant stockholder of Farmer Bros, with ownership of approximately 4.3% of the Company's outstanding shares, today stated its opposition to Farmer Bros.' proposal to amend its Certificate of Incorporation to increase the number of authorized shares at the Company's upcoming 2021 annual meeting of stockholders scheduled to be held on December 15, 2021. Proposal 3 at the 2021 Annual Meeting seeks stockholder approval to increase the number of authorized shares of common stock of the Company from 25 million to 50 million. We had already privately expressed our concerns to the Company regarding recent dilution of stockholders, so naturally we were alarmed by the proposed increase in authorized shares that could result in extreme dilution of existing stockholders and serve as an anti-takeover measure. In our view, the Company's underperformance over the last 3-, 5-, 10- and 15-year periods coupled with its current high burn rate of 4.2% does not warrant an increase of this magnitude. 1, 2 To put things in perspective, the Company's current market capitalization is approximately $150 million and it filed a shelf registration statement to offer the sale of up to $175 million in securities.Accordingly, JCP intends to vote AGAINST Proposal 3 at the 2021 Annual Meeting and believes that all stockholders of the Company should vote AGAINST Proposal 3.
IMMP

Hot Stocks

08:48 EST Immutep announces Chinese patent grant for eftilagimod alpha - Immutep Limited is pleased to announce the grant of a new patent entitled "Combined Preparations for the Treatment of Cancer or Infection" by the Chinese Patent Office. This new Chinese patent follows the grant of the corresponding European and United States patents announced in 2018 through 2021. The claims of the new patent protect Immutep's intellectual property relating to combined therapeutic preparations comprising its lead active immunotherapy candidate eftilagimod alpha, which is a soluble LAG-3 fusion protein, and an anti-PD-1 or anti-PD-L1 antibody. The claims are also directed to use of the preparations for the manufacture of a medicament for the treatment of cancer and infectious disease. The new patent is owned by Immutep S.A.S. and exclusively licensed to Immutep's partner in China, EOC Pharma. The patent expiry date is 8 January 2036.
PNBK

Hot Stocks

08:47 EST Patriot National, American Challenger enter merger agreement - Patriot National Bancorp and American Challenger Development announced that they have entered into a definitive agreement under which Patriot will acquire American Challenger via a reverse subsidiary merger, with American Challenger surviving as a wholly owned subsidiary of Patriot. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, American Challenger common stockholders will receive shares of Patriot common stock as consideration and American Challenger preferred stockholders will receive cash. The Merger will create a purpose-driven, digital-first national bank with highly efficient operations to generate industry leading financial performance and a technology driven banking experience that will offer competitive rates and a premium customer experience. Patriot also announced today that it has entered into separate definitive agreements with certain investors, consisting of a private placement in an aggregate principal amount of approximately $540 million of newly issued Patriot voting and non-voting common stock priced at $17.69 per share, warrants for the purchase of non-voting common stock of Patriot, and preferred stock of Patriot Bank. Patriot intends to raise an additional principal amount of at least $350 million, for a total capital raise of at least $890 million, and intends to negotiate and enter into definitive agreements with other investors for the purchase of subordinated debt securities and preferred stock of Patriot in addition to further sales of Patriot common stock and warrants for the purchase of Patriot non-voting common stock (collectively, the "Recapitalization," and together with the Merger, the "Proposed Transactions"). Pursuant to the terms and conditions of the Investment Agreements and the Merger Agreement, the Recapitalization and the Merger will be completed on the same day. Following the Merger, Patriot Bank will adopt the American Challenger business plan and will operate as two divisions - the Patriot Bank Division, which will continue to operate Patriot Bank's existing business, and the American Challenger Division, which will execute the high-growth American Challenger business plan. As soon as practicable following the closing of the Proposed Transactions, Patriot Bank will adopt American Challenger's proprietary technology platform for its operations. This should allow Patriot Bank to operate with a technology cost structure that is largely fixed, in contrast to the typical, more variable cost structure at most banks. Patriot Bank expects this cost structure to drive efficiencies and allow it to share the benefits with customers by offering competitive rates on its products and a differentiated, premium customer experience. This will include connecting with customers via video, account opening and funding initiation in less than a minute, as well as mortgages that close in as little as 20 days. The Proposed Transactions have been approved by the boards of directors of Patriot and American Challenger and are expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals and approval by Patriot's shareholders. Separately, American Challenger is also announcing today it has entered into a term sheet, which, subject to agreement on definitive documentation, would result in a strategic partnership with Sunlight Financial LLC, the subsidiary of Sunlight Financial Holdings Inc., a leading financing platform for U.S. residential solar and energy-efficient home improvement projects, with respect to a new, multi-year loan purchase program for up to $1.75 billion. The program will focus on loans for solar energy systems, as well as battery storage, to help further accelerate the adoption of clean energy in homes across the United States. Scherzer said, "As a responsible, full-service digital bank, we will be focused on lending in ways that help communities and the planet, with the intent of investing over half of its assets in support of sustainability, local community, and good health." Highlights of the Proposed Transactions: Following completion of the Merger, taking into account the shares issued in the Recapitalization, former American Challenger shareholders will collectively own approximately 13.8% of the combined company, and existing Patriot shareholders will own approximately 8.2% of the combined company. The implied total transaction value of the Merger is approximately $119 million. American Challenger common shareholders will receive 4,092 shares of Patriot common stock for each American Challenger common share they own, and American Challenger preferred shareholders will receive an amount in cash equal to $75,413.22 per share plus any accrued and unpaid dividends on the American Challenger preferred stock. Following closing of the Merger, Patriot will continue to trade under the ticker PNBK. Key members of American Challenger's management team and board of directors will join Patriot upon completion of the Merger. Michael Carrazza, Patriot's current Chairman, will remain a director of Patriot following the Merger. Immediately prior to the completion of the Merger and the Recapitalization, Patriot will change its jurisdiction of Delawar. As of the date of this announcement certain investors, including funds associated with Oaktree Capital Management, L.P. ("Oaktree") and Angelo, Gordon & Co., L.P. ("Angelo, Gordon"), have entered into separate Investment Agreements with Patriot in connection with the Recapitalization. Patriot will enter into additional Investment Agreements for the remainder of the $890 million capital raise with additional investors. In the Recapitalization, Patriot expects to issue approximately: $464.5 million of Patriot voting common stock at $17.69 per share; $95.5 million of Patriot non-voting common stock at $17.69 per share; $70 million aggregate liquidation preference of Patriot preferred stock at $25 per share; $180 million aggregate liquidation preference of Patriot Bank preferred stock at $1,000 per share; Warrants to purchase up to 3.3 million shares of Patriot non-voting common stock; and $80 million aggregate principal amount of ten-year fixed-to-floating rate subordinated notes eligible for Tier 2 regulatory capital treatment. Of this amount, it is anticipated that approximately $12 million will be used to refinance Patriot's currently outstanding senior notes. Following completion of the Recapitalization, taking into account the shares issued in the Merger, participating investors will collectively own approximately 71.8% of Patriot. Certain investors, including Oaktree and Angelo, Gordon, each separately have the right to nominate a director for election to Patriot's board of directors and, subject to approval by Patriot's stockholders, will join Patriot's board of directors upon completion of the Recapitalization.
ASUR

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08:46 EST Asure Chairman & CEO Patrick Goepel buys 10,000 shares for $8.75 per share
ASUR

Hot Stocks

08:46 EST Asure Software CFO John Pence buys 10,000 shares for $8.75 per share
GLOB

Hot Stocks

08:45 EST Globant announces acquisition of Navint - Globant announced that it has entered into a definitive agreement to acquire Navint, a leading Lead-to-Revenue Salesforce partner that helps organizations drive growth and operational efficiency. "By incorporating Navint, Globant reinforces its commitment to expand its own Salesforce Studio and enable profound business transformations leveraging deep expertise within the full suite of Salesforce Revenue Cloud solutions," the company said. "We found in Navint amazing skills with deep experience in multiple leading platforms. Navint collaborators impressed us with their native curiosity, collaboration, and grit. They share our passion and vision on how to transform organizations. We are extremely happy to have them onboard," said Martin Migoya, Globant's CEO and co-founder. Navint has 130 collaborators, including specialists in recurring revenue, monetization and business architecture design, who work with Fortune 1000 enterprises in several key industries, such as banking, wellness, entertainment, SaaS, and high-tech, among others. Headquartered in New York, the company operates across North America, in cities including Boston, Chicago, Los Angeles, Denver, Dallas, and Pittsburgh, as well as in Europe with offices located in London and Dublin. Additionally, it operates a Lead-to-Revenue Technology Center of Excellence in Ahmedabad, India.
AZN MRNA

Hot Stocks

08:44 EST AstraZeneca says AZD8601 met primary safety, tolerability endpoints in Phase 2a - AstraZeneca (AZN) reports "positive" Phase IIa results from the EPICCURE trial demonstrated that AZD8601 met the primary endpoint of safety and tolerability in patients with heart failure. In the trial, researchers injected mRNA encoding vascular endothelial growth factor, or VEGF-A - known as AZD8601 - directly into the myocardium of patients undergoing elective coronary artery bypass surgery surgery. AZD8601 is being co-developed with Moderna (MRNA). In the study of 11 patients, seven were treated with AZD8601 and four received placebo injections. Trends were observed in the three exploratory efficacy endpoints: left ventricular ejection fraction; NT-proBNP, a biomarker which measures the level of a hormone and is elevated in patients with heart failure; and functional patient reported outcomes, compared with placebo. Results from the EPICCURE trial were presented on 15 November 2021 at the American Heart Association's Scientific Sessions 2021. Mene Pangalos, Executive Vice President, BioPharmaceuticals R&D, AstraZeneca, said: "Over one billion heart cells can be lost during a heart attack. These early results indicate the potential of mRNA therapeutics in stimulating VEGF-A production to provide reparative and disease-modifying options for patients with heart failure and other ischaemic vascular diseases."
ICPT

Hot Stocks

08:42 EST Intercept announces long-term data on obeticholic acid - Intercept Pharmaceuticals announced results from a new analysis examining obeticholic acid's (OCA) potential to improve transplant-free survival in patients with PBC. The data will be featured in a late-breaking podium presentation at The Liver Meeting, the Annual Meeting of the American Association for the Study of Liver Diseases, which is being held virtually from Friday, November 12 to Monday, November 15, 2021. The analysis was also selected as a "Best of The Liver Meeting" abstract in the Cholestatic and Autoimmune Liver Diseases category. The POISE long-term safety extension study included 209 patients dosed with OCA with a maximum follow-up time of 6.3 years. Propensity score-matched external controls were patients from the Global PBC and UK-PBC real-world databases who were diagnosed with PBC and who met POISE clinical trial entry criteria. Patients from the external control databases were untreated or treated with ursodeoxycholic acid with at least one year of follow-up but were not treated with OCA or other therapies. The primary endpoint was time to liver transplantation or death. In this analysis, 209 patients treated with OCA in the POISE LTSE study had significantly greater transplant-free survival than patients in the external control groups. In the OCA arm, three events were observed versus 146 and 276 events in the Global PBC and UK-PBC external control cohorts, respectively. In a weighted analysis, the hazard ratio favoring OCA was 0.20 (0.06-0.64, p=0.001) in Global PBC and 0.28 in UK-PBC. Thus, patients treated with OCA had a 72% to 80% lower risk of death or liver transplant than the control groups at any time during follow-up. Consistent findings were observed in multiple sensitivity analyses, as well as when testing for the influence of recruitment bias and potential confounding factors such as baseline bilirubin, ALP, AST or ALT, age, PBC duration, UDCA use, diagnosis year and sex.
HSII

Hot Stocks

08:42 EST Heidrick & Struggles appoints Heaton as Chief Legal Officer, Corporate Secretary - Heidrick & Struggles (HSII) announced it has appointed Tracey Heaton as its new Chief Legal Officer and Corporate Secretary, effective immediately. Previously, Heaton served as Senior Vice President, Chief Corporate Counsel for Visa (V).
BMRN

Hot Stocks

08:41 EST BioMarin, Entos enter agreement to apply Fusogenix to BioMarin's pipeline - Entos Pharmaceuticals and BioMarin Pharmaceutical announced that they have entered into an agreement that will see Entos apply its Fusogenix nucleic acid delivery technology to promising gene therapy candidates in the BioMarin pipeline. Under the agreement, Entos will create specially formulated product candidates for BioMarin, a world leader in developing and commercializing innovative biopharmaceuticals for genetic diseases driven by genetic causes. "As a company committed to addressing the unmet therapeutic needs of patients living with genetic diseases, BioMarin values novel technologies that enable the development of transformative therapies," said Brinda Balakrishnan, M.D., Ph.D., Group Vice President, Corporate and Business Development at BioMarin. "We believe that Entos' Fusogenix platform offers potentially unique benefits for safe and effective tissue targeting compared with other lipid-based delivery systems. The Fusogenix PLV formulations generated under this agreement are a critical first step in determining how we may incorporate this promising platform into our drug development efforts." Under the terms of the agreement, Entos will use its Fusogenix nucleic acid delivery system to specially formulate BioMarin products directed at multiple undisclosed genetic disease indications. BioMarin will conduct preclinical studies of the Fusogenix-formulated candidates to evaluate their potential as therapies to prevent or treat these conditions.
MFGCF

Hot Stocks

08:41 EST Mayfair Gold expands Fen-Gibb drill program to 80,000 meters - Mayfair Gold announced the significant expansion of the ongoing drill program at its flagship 100%-controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario. The Fenn-Gib deposit currently hosts a pit-constrained Indicated Resource of 2.08M ounces with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers and up to 300 meters wide. The 30,000m Phase 2 drill program will be supported by three drill rigs and is expected to be completed in the second quarter of 2022. Subject to the timely receipt of assay results, Mayfair expects to report an updated NI 43-101 mineral resource for Fenn-Gib during the third quarter of 2022, with a preliminary economic assessment planned for the fourth quarter of 2022. Mayfair's infill and expansion drill program has been focused on five areas at the Fenn-Gib deposit: Infill drilling within the current resource area to reduce drill hole spacing within the current conceptual open pit to a maximum of 50m; Expansion drilling below the shallow area of the current conceptual open pit in the center and east of the deposit; Expansion drilling to the east of the current conceptual open pit; Infill and expansion drilling for potential underground resources across the full strike of the Fenn-Gib deposit; and Infill and expansion drilling at the high-grade Footwall Zone in close proximity to the north of the Fenn-Gib deposit. Mayfair is also pleased to report that the metallurgical test work program is progressing on schedule. Sample intervals from seven different locations were selected to align with the average modelled annual grades from the potential mine schedule. Five samples were taken from the Fenn-Gib deposit: one from the Footwall Zone that lies within the conceptual open pit, and one from the Footwall Zone outside the conceptual pit. The Company has retained Ausenco Engineering Canada Inc. to manage the metallurgical program in preparation for a Preliminary Economic Assessment. The metallurgical samples are being processed at SGS Canada Inc., located in Lakefield, Ontario, which has over eighty years of metallurgical testing experience. The results will be reported when they are received.
AADI

Hot Stocks

08:39 EST Aadi Bioscience presents two abstracts on FYARRO - Aadi Bioscience announced two oral presentations that were made related to its lead candidate, FYARRO at the Connective Tissue Oncology Society 2021 Annual Meeting, held virtually from November 10-13, 2021. CTOS is a multi-disciplinary group of specialized physicians, medical professionals and scientists from around the world who connect and share their knowledge, experiences and research for the advancement of treatment of sarcomas. Both studies, sponsored by Aadi, provided data in patients with advanced malignant PEComa, which is the clinical indication currently under review by the Food and Drug Administration with a November 26, 2021 target Prescription Drug User Fee Act date. Abstract, lead-authored by Mark A. Dickson, M.D., medical oncologist at Memorial Sloan Kettering Cancer Center is entitled, "nab-Sirolimus in Patients with Malignant PEComa Previously Treated With mTOR Inhibitors: Emerging Experience from an Expanded Access Program". Sixteen patients with Advanced Malignant Perivascular Epithelioid Cell Tumors were treated in an Expanded Access Program with nab-sirolimus, dosed intravenously at 100 mg/m2 given on day one and day eight of a 21-day cycle. The investigators concluded that nab-sirolimus showed encouraging clinical benefit including partial responses in 25% of patients previously progressing on other mTOR inhibitors and, in some cases, other targeted therapies. Disease control rate (DCR) as defined by complete or partial response + stable disease for greater than or equal to3 months, was 63%. In this study, the safety profile of nab-sirolimus was acceptable and allowed ongoing treatment for almost one year or more in several patients. In addition, consistent with results of the AMPECT trial, TSC1 or TSC2 alterations were associated with a higher response rate of 44% of patients, despite prior progression on other mTOR inhibitors and/or multiple lines of prior therapy. These results provide further rationale for investigation of nab-sirolimus in a tumor-agnostic study in patients with pathogenic inactivating TSC1 or TSC2 alterations. A second abstract (ID: 1080747), lead-authored by Andrew J. Wagner, M.D., Ph.D., a senior oncologist at Dana-Farber Cancer Institute, is entitled, "Final Analysis from AMPECT, an Open-Label Phase 2 Registration Trial of nab-Sirolimus for Patients with Advanced Malignant Perivascular Epithelioid Cell Tumors (PEComa)". This abstract provided a final analysis of the AMPECT study with a data cut of June 30, 2021, updating the recent publication in the Journal of Clinical Oncology which was based on a data cut of November 23, 2020. nab-Sirolimus demonstrated rapid and durable responses in mTOR-naive patients with locally advanced unresectable or metastatic PEComa. Specifically, of 31 treated and evaluable patients, the independently assessed confirmed overall response rate (ORR) was 39% (12/31, 95% confidence interval: 22, 58); of which 7% (2/31) of patients had a complete response (CR) and 32% (10/31) had a PR. Disease control was achieved in 71% of patients. The patient responses demonstrated long-term durability with a duration of response (DOR) of 92% at 6 months and 66% at 36 months amongst the 12 patients with a response. At the final analysis, the median DOR has not been reached, 50% of patients had a DOR of over 36 months (range 5.6, 55.5+ months). By the final analysis, two patients converted from a PR to CR after 11 months and 34 months of treatment, respectively. Finally, nab-sirolimus demonstrated an acceptable safety profile with no grade 4 or 5 treatment-related adverse events (TRAE) and no unexpected adverse events or new safety signals. Some of the most common TRAEs were stomatitis, rash, fatigue, anemia, nausea, diarrhea and hyperglycemia.
MRNA AZN

Hot Stocks

08:39 EST Moderna announces data from AstraZeneca-led CABG trial - Moderna (MRNA) announced data from the AstraZeneca-led (AZN) Phase 2 study evaluating the use of an mRNA therapeutic that encodes for vascular endothelial growth factor-A, or VEGF-A, in patients undergoing coronary artery bypass grafting, or CABG. These data were presented today at the American Heart Association's Scientific Sessions 2021 annual meeting. The Phase 2 study met the primary endpoint of safety and tolerability of AZD8601. In the study of 11 patients, seven were treated with AZD8601 VEGF-A mRNA and four received placebo injections. Numerical trends were observed in endpoints in the heart failure efficacy domains compared with placebo, including increase in left ventricular ejection fraction and patient reported outcomes. In addition, all seven patients treated with AZD8601 had NT-proBNP levels below heart failure limit at six months follow-up compared to one of four patients treated with placebo.
SFIX CRM

Hot Stocks

08:39 EST Stitch Fix appoints Linda Aiello as Chief People & Culture Officer - Stitch Fix (SFIX) announced Linda Aiello is joining the company as Chief People & Culture Officer effective on Monday, November 15. Aiello joins Stitch Fix from Salesforce (CRM), and will report to Stitch Fix CEO Elizabeth Spaulding. She will lead the People & Culture teams across the US and the UK.
QSR

Hot Stocks

08:38 EST Restaurant Brands to acquire Firehouse Subs for $1B in all-cash transaction - Restaurant Brands International and Firehouse Restaurant announced that they have reached an agreement for RBI to acquire Firehouse Subs for $1B in an all-cash transaction. Jose Cil, Chief Executive Officer of RBI commented, "Firehouse Subs is a special brand with a talented team, impressive culture and community focus that resonates with guests and closely aligns with our core values at RBI. We see tremendous potential to accelerate U.S. and international growth at Firehouse Subs with RBI's development expertise, global franchisee network and digital capabilities. We are excited to welcome the Firehouse Subs team to the RBI family and to continue our ambitious dream of building the world's most loved restaurant brands." Under the terms of the agreement, RBI will acquire Firehouse Subs for $1B in an all-cash transaction. RBI plans to fund the acquisition through a combination of cash on hand and debt. The transaction is expected to close in the coming months subject to satisfaction of customary closing conditions and regulatory approvals. Following the closing of the transaction, Firehouse Subs will remain based in Jacksonville, Florida, and will continue to be managed by Chief Executive Officer, Don Fox, and Chief Financial Officer, Vincent Burchianti.
CDXS

Hot Stocks

08:38 EST Codexis appoints Karen Frechou-Armijo as SVP Human Resources - Codexis, Inc. (Nasdaq: CDXS), a leading enzyme engineering company enabling the promise of synthetic biology, today announced the appointments of Karen Frechou-Armijo as Senior Vice President, Human Resources and Asli Aras, Ph.D., as Vice President, Corporate Development. Ms. Frechou-Armijo is responsible for continuing to build a world-class human resources team and to expand the Company's talent acquisition and development strategy. Dr. Aras is responsible for driving the advancement and expansion of Codexis' inorganic growth strategy. Both executives join the Company today and report directly to John Nicols, President and CEO of Codexis. Ms. Frechou-Armijo has over two decades of human resources experience, holding increasingly senior positions within life sciences and technology companies. Most recently, she served as Vice President, Human Resources at Cepheid, a molecular diagnostics company, supporting the workforce through a period of expansion, increasing employee headcount by greater than seven times over a five year period.
TSLA

Hot Stocks

08:38 EST Burry tweets Musk 'just wants to sell' Tesla - Michael Burry, the head of Scion Asset Management and investor of "The Big Short" fame, tweeted: "Let's face it. @elonmusk borrowed against 88.3 million shares, sold all his mansions, moved to Texas, and is asking @BernieSanders whether he should sell more stock. He doesn't need cash. He just wants to sell $TSLA." Reference Link
HTGM

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08:37 EST HTG Molecular reports inducement grants under Nasdaq listing rule - HTG Molecular Diagnostics announced that, on November 9, 2021 the Compensation Committee of the HTG Board of Directors granted inducement stock option awards to purchase an aggregate of 80,000 shares of common stock and 30,000 restricted stock unit awards to two employees who have recently joined HTG. The stock option awards have exercise prices of $5.20 per share, reflecting HTG's closing trading price on the grant date. The inducement stock option awards vest over approximately four years, with 1/4th of the shares vesting on the one-year anniversary of the applicable vesting commencement date and the balance of the shares vesting in a series of 12 successive, equal quarterly installments on the last day of each calendar quarter, commencing with the last day of the calendar quarter first occurring after the one-year anniversary of the applicable vesting commencement date, subject to the new employee's continued service relationship with HTG through the applicable vesting dates. Each stock option has a 10-year term and is subject to the terms and conditions of HTG's 2021 Inducement Plan, adopted by HTG's Board of Directors on July 1, 2021, as amended, and its standard form of agreement for inducement grants of nonstatutory stock options. The RSUs vest in eight successive equal quarterly installments on the last day of each calendar quarter, commencing with the last day of the first calendar quarter that begins after the grant date, subject to the new employee's continued service relationship with HTG through the applicable vesting dates. Each award has a 10-year term and is subject to the terms and conditions of HTG's 2021 Inducement Plan and its standard form of agreement for inducement grants of restricted stock units. The stock options and RSUs were granted as inducements material to the new employees entering into employment with HTG in accordance with Nasdaq Listing Rule 5635(c)(4).
SGRY

Hot Stocks

08:36 EST Surgery Partners announces closing of public offering of common stock - Surgery Partners announced the closing of its previously announced underwritten public offering of 6,900,000 shares of its common stock at a public offering price of $46.50 per share, which includes 900,000 shares of common stock issued upon the exercise, in full, by the underwriters of an option to purchase additional shares from Surgery Partners. The gross proceeds from the offering, before deducting the underwriter discounts and commissions and other offering expenses, were approximately $320.9 million. Surgery Partners intends to use its net proceeds from the public offering for general corporate purposes, which may include, but is not limited to, funding acquisitions, repaying indebtedness, capital expenditures and funding working capital.
JETMF

Hot Stocks

08:35 EST Global Crossing Airlines launches major charter program with Havana Air - Global Crossing Airlines Group and ViajeHoy, LLC, d/b/a Havana Air are pleased to announce today that they have commenced scheduled charter service from Miami and Tampa to Havana. The initial service, granted under approval from the U.S Department of Transportation, operates six times weekly between Miami and Havana, and twice weekly between Tampa and Havana. Both GlobalX and Havana Air plan for the number of flights to increase as Cuba fully opens post-pandemic
LAZY

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08:35 EST Lazydays appoints Harsh Uchariya as its Chief Information Officer - Lazydays, The RV Authority, announces that Harsh Uchariya has joined the company as its Chief Information Officer, CIO. Uchariya joins Lazydays from ClubCorp, where he was CIO.
WU

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08:35 EST Western Union CEO Hikmet Ersek to retire, Devin McGranahan to succeed - Western Union (WU) announced the appointment of Devin McGranahan as new CEO. After a succession planning process, the board has appointed McGranahan to succeed Hikmet Ersek as CEO by year end 2021. McGranahan has also been appointed to the board of directors. After 21 years at Western Union, including the past 11 years as CEO, Hikmet Ersek announced his retirement from the role as CEO and director of Western Union by December 31. Ersek will support the transition as a special advisor to the board of directors until mid-2022. Devin McGranahan joins Western Union from Fiserv (FISV).
LXXGF

Hot Stocks

08:35 EST Lexagene Holdings appoints Jane Sykes to board of directors - LexaGene Holdings announced Dr. Jane Sykes, BVSc, PhD, MBA, DipACVIM has joined the LexaGene Board of Directors. Dr. Sykes is the Executive Director of Innovation and Entrepreneurship, School of Veterinary Medicine at the University of California, Davis and Professor of Small Animal Internal Medicine.
MINM

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08:34 EST Minim to launch Lightning Deals on Amazon - Minim announced it will launch Lightning Deals on Amazon for its Motorola cable networking devices that deliver robust and affordable internet connectivity to gamers, streamers, and remote workers. Included in the deals is a #1 Top Seller in Amazon this fall: the Motorola MG8702 Modem/Router, which offers 3.2 Gbps of high-speed connectivity and the motosync app for parental controls, security, ad block, and more.
TRHC

Hot Stocks

08:33 EST Tabula Rasa announces five-year contract extension with Rocky Mountain PACE - Tabula Rasa HealthCare announced a five-year contract renewal with Rocky Mountain PACE, RMP, a Program of All-Inclusive Care for the Elderly, PACE, sponsored by Rocky Mountain Health Care Services of Colorado serving more than 800 participants in Colorado Springs. As they expand their program, Rocky Mountain PACE will continue to rely on TRHC's CareKinesis pharmacy and personalized medication management services. Premium Door2Door delivery services, which include voice and text shipping notifications with tracking ability, helps to ensure RMP's participants receive their medications on time.
ZLAB

Hot Stocks

08:33 EST Zai Lab doses first patient in clinical trial of efgartigimod - Zai Lab announced that the first patient has been treated in the Greater China portion of the global registrational Phase 3 ADDRESS study of efgartigimod in patients with pemphigus vulgaris or pemphigus foliaceus. ADDRESS is a randomized, double-blind, placebo-controlled, multi-center trial evaluating the safety and efficacy of efgartigimod in approximately 150 patients with PV or PF. Patients will include those newly diagnosed or currently experiencing flare that meet protocol-defined criteria. Patients will be randomized 2:1 to receive subcutaneous efgartigimod or placebo, both on top of prednisone. In a Phase 2 trial1, efgartigimod was well-tolerated and exhibited an early effect on disease activity, as evidenced by a reduction in IgG and anti-desmoglein autoantibodies and an improvement in the Pemphigus Disease Area Index. PV and PF are rare and severe autoimmune diseases where antibodies in the body attack skin proteins and cause blistering of the skin. PV is the most common type of pemphigus. In PV, the immune system produces IgG antibodies that mistakenly attack desmogleins 1 and 3, which are structures that hold skin and mucous cells together. This can cause skin and mucous cells to separate and fluid to collect between the layers of skin and mucous, forming blisters and ulcers. These lesions can cause severe pain, itching, and burning. In severe cases, there is significant sloughing of skin, with life-threatening fluid loss and great risk of infection. With PF, antibodies only attack desmoglein 1, which is only expressed in the skin. Therefore, blisters may appear on the scalp, face, or torso. It does not affect mucous membranes, so PF blisters will not appear in the mouth or eyes.
GNSS

Hot Stocks

08:31 EST Genasys board member Daniel McCollum departs - Genasys announced that effective November 11, 2021, Daniel McCollum resigned from the Board of Directors and all Board committees on which he serves, and joined the Company's Strategic Advisory Board.
IFRX

Hot Stocks

08:31 EST InflaRx announces positive Phase 2 data of vilobelimab in AAV - InflaRx announced positive data from the European Phase II IXCHANGE study of vilobelimab, a first-in-class anti-C5a antibody, in patients with ANCA-associated vasculitis - AAV - . The study achieved its principal objective, demonstrating comparable clinical response of vilobelimab to standard of care, while significantly reducing the need for glucocorticoid treatment in this life-threatening indication. The principal objective of the trial was to evaluate the efficacy of vilobelimab treatment as a replacement for GC therapy in patients with Granulomatosis with Polyangiitis (GPA) and Microscopic Polyangiitis, or MPA. The primary efficacy evaluation was clinical response. Clinical remission was a secondary endpoint. The results indicated that vilobelimab, when given in addition to best standard of care, was well tolerated. There was one fatal event of pneumocystis jiroveci pneumonia in the vilobelimab only treatment group. The company plans to discuss the data from both the US and EU studies with regulatory authorities to determine next steps with the program.
INO

Hot Stocks

08:31 EST Inovio to give eight presentations at IPVC - INOVIO announced that eight company-sponsored presentations will be given this week at the 34th International Papillomavirus Conference, IPVC , which is being held virtually from today, November 15 through Friday, November 19. "The IPVC meeting provides INOVIO with an exciting opportunity to showcase our work to develop treatments for HPV-driven diseases, as well as to advance the understanding of the epidemiology and standard of care in these disease states," said Jeffrey Skolnik, M.D., SVP, Clinical Development at INOVIO. "These data highlight our continued commitment to developing medicines, technologies and solutions to help address the unmet needs of patients across the spectrum of HPV diseases." The following INOVIO-sponsored data will be presented at IPVC 2021: VGX-3100 for the Treatment of HPV16/18 Related Cervical HSIL: Results from a Phase 3 Study; Results of VGX-3100 for the Treatment of HPV16/18 Associated Vulvar HSIL: Phase 2 Open-Label Trial Efficacy and Safety Results; VGX-3100 for the Treatment of HPV16/18 Attributable Anal HSIL: Results of a Phase 2 Study; Evaluation of INO-3107 - A Novel DNA Immunotherapy for the Treatment of HPV6/11 Associated Recurrent Respiratory Papillomatosis; Cervical HSIL - U.S. Burden and Comprehensive Assessment of Standard of Care Effectiveness and Safety, 2008-2018: The EACH-WOMAN Project; Vulvar High-Grade Squamous Intraepithelial Lesion: U.S. Epidemiology burden in the Post-HPV Vaccine Introduction Era, 2015-2019; Anal High-Grade Squamous Intraepithelial Lesion: U.S. Epidemiology Burden in the Post-HPV Vaccine Introduction Era, 2015-2019; and Recurrent Respiratory Papillomatosis - All-Ages U.S. Prevalence in 2018.
WTHVF

Hot Stocks

08:31 EST Westhaven Gold announces metallurgical test results at Shovelnose - Westhaven Gold is pleased to announce preliminary metallurgical test results at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt, which borders the Coquihalla Highway 30 kilometers south of Merritt, British Columbia. Highlights of Work by ALS Metallurgy Kamloops: representative samples were submitted from each of the three main quartz vein systems within the South Zone; feed grades for the six samples assayed between 3.3 and 37.1 g/t gold, and between 12 and 136 g/t silver - see table below for details; sulphur measured between 0.3 and 0.7%; nearly all as sulphide sulphur; carbon measured between 0.04 and 0.7%; with low levels of organic carbon with a low percentage as coarse "nugget" gold; combined flotation recovery and cyanidation extraction of gold ranged from 93 to 98%, and for silver from 95 to 98%; recoveries through an industry standard process flowsheet were comparable for both lower and higher-grade samples, and for each of the three vein zones. Metallurgical Test Programs and Results: Westhaven prepared six composite samples for preliminary metallurgical work from archived jaw crushed coarse 'reject' drill core material associated with routine sampling activities. This crushed drill core should be sufficient for scoping level testing, but there may be some degradation in the performance of the samples during testing. Westhaven has collected additional drill core from the South Zone during 2021 and, once the maiden mineral resource estimate has been completed, this fresh uncrushed core would be available for additional metallurgical testwork beyond scoping levels. Samples ranged from 14.5 to 18.0kg each (combined total of 97 kg), with four composite samples submitted to ALS Metallurgy Kamloops from Vein Zone 1 mineralization, and one each from Vein Zones 2 and 3. Results of two tranches of test work completed in 2021 are compiled in the table and figure below. A point form summary of the two metallurgical test results is also provided.
O ONL

Hot Stocks

08:29 EST Realty Income completes spin-off of Orion Office REIT - Realty Income (O), The Monthly Dividend Company, announced it has completed the spin-off of substantially all of its office assets into a new independent, publicly traded REIT called Orion Office REIT. Orion is listed on the New York Stock Exchange under the symbol "ONL." Under the terms of the spin-off, Realty Income stockholders received one share of Orion common stock for every ten shares of Realty Income common stock held as of the record date of November 2, 2021. Realty Income common stockholders will receive cash in lieu of any fractional shares they would otherwise have been entitled to receive in the distribution. Since November 1, 2021, Orion shares have traded on a "when issued" basis on the NYSE under the symbol "ONL.WI." The "when issued" trading of Orion ended at the close of the market on November 12, 2021. Starting today, the "regular way" trading of Orion common stock will begin on the NYSE under the symbol "ONL." Shares of Realty Income will continue to trade under the symbol, "O."
CYTK

Hot Stocks

08:28 EST Cytokinetics' omecamtiv mecarbil shows reduction in stroke risk in Phase 3 trial - Cytokinetics announced that additional results from GALACTIC-HF, the Phase 3 clinical trial evaluating omecamtiv mecarbil in patients with heart failure with reduced ejection fraction, were presented at the American Heart Association Scientific Sessions 2021. "The results from this post-hoc analysis from GALACTIC-HF showed that treatment with omecamtiv mecarbil significantly reduced the risk of stroke, a common comorbidity in patients with HFrEF, in addition to its previously demonstrated effect having met its primary composite endpoint of time to first heart failure event or cardiovascular death. Reducing stroke may be an important additional benefit to treatment with omecamtiv mecarbil in patients with HFrEF, many of whom are at high risk of having a stroke or have a history of stroke," said Fady I. Malik, Executive VP of Research & Development. "Additionally, the new data presented at AHA on a closely related analog to the cardiac troponin activator, CK-136, adds preclinical evidence that directly targeting the sarcomere through this novel mechanism may increase cardiac contractility without a negative impact on calcium cycling, diastolic function or contractile reserve and thereby may improve performance without impacting cardiac efficiency."
IKNX WULF

Hot Stocks

08:28 EST IKONICS, TeraWulf announce registration statement filed, meeting for vote - TeraWulf and IKONICS (IKNX) announced that the registration statement on Form S-4, which includes a definitive proxy statement/ prospectus, filed with the Securities and Exchange Commission in connection with their previously announced business combination was declared effective by the SEC on November 12, 2021. A special meeting of IKONICS shareholders to vote on the business combination, among other matters, is scheduled to be held virtually at 8:00 a.m., central time, on December 10, 2021. "We are pleased to reach this next phase on our path to launch as a publicly listed company and bring our new paradigm for cryptocurrency mining to the public markets," said Paul Prager, Chairman and Chief Executive Officer of TeraWulf. "Since announcing the transaction with IKONICS in June 2021, we've continued to take steps to develop our facilities in New York and Pennsylvania and towards our goal of providing domestically produced bitcoin powered by 100% zero-carbon energy. Our team brings decades of energy experience and with it a model for sustainable, large-scale crypto currency mining, which we believe will create substantial long-term value for our shareholders." Concurrent with the completion of the business combination, which is expected to occur by the end of 2021 subject to approval by IKONICS shareholders and the satisfaction of other customary closing conditions, Telluride Holdco, Inc., the ultimate parent company of TeraWulf and IKONICS, is expected to be renamed "TeraWulf Inc.", and its shares of common stock are expected to be listed on The Nasdaq Stock Market LLC under the trading symbol "WULF."
SAWLF

Hot Stocks

08:26 EST Shawcor announces contract award for Gulf of Mexico development project - Shawcor announced that its pipe coating division has entered into a contract to provide thermal insulation coating services for a Development Project in the Gulf of Mexico. The contract award is valued at roughly C$25 million. The work will be executed from Shawcor's Channelview, Texas facility, commencing in the fourth quarter of 2021.
FAMI

Hot Stocks

08:26 EST Farmmi's subsidary wins another product order - Farmmi announced the Company's subsidiary Zhejiang Farmmi Biotechnology won another new product order. The latest order is for dried black fungus. The customer will export Farmmi's products to Vancouver, Canada. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We continue to execute on our multi-pronged growth strategy, as we leverage our brand, premium agriculture product line, and global supply chain relationships. We have benefited from steady growth in 2021 and expect year over year growth compared to 2020, with 2022 even better based on customer demand indications. At the same time, we remain focused on unlocking value as we help Farmmi realize its true potential."
DNA

Hot Stocks

08:25 EST Ginkgo Bioworks says investigation concludes short seller claims 'unfounded' - Along with its earnings report, Ginkgo Bioworks shared its conclusions from an internal investigation, led by independent law and accounting firms, concluding that short seller claims were "unfounded." The company stated: "As a leader in an emerging field that is innovating on multiple fronts, we are used to folks questioning our capabilities and our valuation and, because those questions are typically in good faith, we welcome those discussions. In October however, a short seller with a vested interest in driving down our stock price for financial gain published an inflammatory report claiming financial misconduct by Ginkgo. Due to the nature of the claims in the short report, it was not entirely surprising that shortly after the short report was released, we also received an informal inquiry from the United States Department of Justice. Ginkgo responded seriously to the claims in the short report and our audit committee proactively commenced a thorough independent investigation, led by top independent counsel - Milbank - and forensic accountants - Ankura - with deep expertise in these matters. This investigation has concluded and found that any suggestion of fraud, reporting violations, accounting errors, or other wrongdoing contained in the short seller's report were unfounded and that no restatement of Ginkgo's financials was needed."
RDFN

Hot Stocks

08:24 EST Redfin announces it has launched in two new locations - Redfin announced it has launched in Big Bear, CA and Ocean City, MD and extended its brokerage services in Hudson Valley, NY to include parts of Ulster County. In these markets, consumers can now buy and sell homes with local Redfin agents and use Redfin's website and mobile app to search for homes for sale, book on-demand home tours, and track their home's estimated value with the Redfin Estimate.
DKNG

Hot Stocks

08:24 EST DraftKings-backed International Center for Responsible Gaming Fund awards grant - DraftKings announced that the International Center for Responsible Gaming - ICRG - has awarded its three-year research grant for the Fund to Support Research on Sports Wagering to researchers at Bowling Green State University in Ohio. DraftKings' financial contribution allowed the ICRG to proceed with a competitive request for applications from researchers around the world interested in pursuing groundbreaking research on problem gaming. With this funding, the researchers will be able to study problem gaming prevalence as well as risk specific to sports betting on a national scale.
TCDA

Hot Stocks

08:23 EST Tricida raises $42M in registered direct equity financing - Tricida announced that it has entered into definitive agreements with certain investors for the purchase and sale of common stock, pre-funded warrants and common warrants in a registered direct equity financing for gross proceeds to Tricida of approximately $42 million. Deep Track Capital is leading the Financing, with participation from Frazier Life Sciences, OrbiMed and a member of the company's management team. The Financing is expected to close on or about November 15, 2021, subject to customary closing conditions. The Financing includes the issuance and sale of an aggregate of 4,666,667 shares of Tricida common stock at $6.00 per share, pre-funded warrants to purchase up to 2,333,333 shares of common stock, and the issuance of common warrants to purchase 7 million shares of common stock. The pre-funded warrants were issued at a price of $6.00 per share of common stock purchasable and have an exercise price of $0.001. The common warrants have an exercise price of $11.00 per share. The $6.00 price per each common stock share and pre-funded warrant and the $11.00 per share exercise price for each common warrant represent a 28% and 134% premium, respectively, to the company's 30-day volume weighted average share price of $4.69 per share and a 10% and 101% premium, respectively to the closing price of $5.46 on November 12, 2021. The common warrants may be exercised for shares of common stock or, in certain circumstances as described in the warrants, pre-funded warrants, at any time on or after the date that is six months after the date of issuance until its expiration date, which will be the earliest of: (a) the third anniversary of the date of issuance, immediately prior to the closing of certain fundamental transactions or (c) five business days after written notice following certain events, including (i) submission of the Company's new drug application for veverimer with the U.S. Food and Drug Administration (FDA), or (ii) following the issuance of a press release reporting the results of the primary analysis of the VALOR-CKD trial, the completion of a common stock financing resulting in not less than $75 million in gross proceeds at an offering price of not less than $13.50 per share, or the VWAP of the Company's common stock is greater than $15.00 per share with certain multiple-day trading volume requirements. Net proceeds from the Financing are expected to be approximately $41.4 million. These net proceeds will be used to fund corporate operations, including the VALOR-CKD renal outcomes trial, and are expected to extend Tricida's financial runway into the first quarter of 2023. Tricida estimates that the additional financial resources will enable it to conduct the previously announced administrative stop of the VALOR-CKD trial in the second quarter of 2022 and enable the accrual of primary endpoint events until approximately July 2022. Based on Tricida's historical rate of accrual of primary endpoint events of about 10 to 12 events per month, Tricida believes that this date corresponds to approximately 240 to 255 primary endpoint events. Based on current estimates, Tricida anticipates reporting topline results from the VALOR-CKD trial in the third quarter of 2022 and believes that, with the proceeds of today's financing, its financial resources will extend for approximately six months following the anticipated announcement of top-line results from the VALOR-CKD trial.
ACLS

Hot Stocks

08:23 EST Axcelis announces participation in SEMICON Japan 2021 - Axcelis Technologies announced that it will showcase its Purion and GSD Ovation Series of ion implanters at the SEMICON Japan 2021 exhibition. The event is being held December 15-17, at the Tokyo Big Sight in Tokyo, Japan. Axcelis. Purion Series - The platform is designed with technologies to deliver purity, precision and productivity. GSD Ovation Series - The new GSD Ovation high current and high energy systems are designed to support the growing 200mm new fab construction and expansion activity. Mary Puma, president and CEO of Axcelis Technologies, said, "We are excited to be a part of this important market, and to foster new opportunities to introduce the Purion and GSD Ovation Series advanced ion implant technology to Japanese chipmakers supporting the demand for growing power device, image sensor and memory markets."
BVS

Hot Stocks

08:22 EST Bioventus CFO Greg Anglum stepping down - Bioventus CFO and Senior VP Greg Anglum is transitioning from his role to pursue other career opportunities. To ensure a smooth transition, Anglum will remain in his current role until a successor is named. Bioventus has been actively working with Spencer Stuart to identify a successor to Anglum. Anglum's departure is unrelated to Bioventus' business performance, financial reporting, or controls, and the company is reaffirming its previously issued 2021 financial guidance.
CGTX

Hot Stocks

08:22 EST Cognition Therapeutics announces closing of full exercise of underwriters option - Cognition Therapeutics announced the closing of an additional 565,217 shares of its common stock following the exercise in full of the underwriters' over-allotment option in connection with Cognition's initial public offering. The over-allotment option was exercised in full two weeks prior to the end of the 45-day option period and the shares were sold at the initial public offering price of $12.00 per share, resulting in additional gross proceeds of approximately $6.8 million, before deducting underwriting discounts and commissions and other offering related expenses. Including the over-allotment, the total number of shares sold by Cognition in the offering was 4,333,333 shares, generating aggregate gross proceeds of approximately $52 million. Cognition's shares are listed on the Nasdaq Global Market under the ticker symbol "CGTX" and commenced trading on October 8, 2021.
OCFT

Hot Stocks

08:21 EST OneConnect completes internal investigation - OneConnect announced that the company's audit committee has completed the internal investigation and found no evidence to support the allegations in the anonymous complaint disclosed in the press release issued by the company on August 31. As previously disclosed, the Audit Committee initiated the internal investigation immediately on August 24, four days after the company became aware of these allegations. Based on the work and procedures carried out under its supervision, the audit committee has concluded that the findings from the internal investigation do not substantiate the allegations.
RETO

Hot Stocks

08:20 EST ReTo Eco-Solutions regains compliance with Nasdaq minimum bid price requirement - ReTo Eco-Solutions announced that it received notification from the Listing Qualifications Department of The Nasdaq Stock Market compliance with the minimum bid price requirement of $1.00 per share under the Nasdaq Listing Rules. On November 11 2021, Nasdaq provided confirmation to the Company that for at least 10 consecutive business days, i.e. from October 28 to November 10, 2021, the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2).
MEDIF

Hot Stocks

08:19 EST Medipharm Labs announces start of Bryan Howcroft as CEO - The company said, "We are delighted to welcome our new CEO to MediPharm, effective today, Mr. Bryan Howcroft. Mr. Howcroft's deep expertise in navigating complex regulated international markets will enable MediPharm's transition towards pharmaceutical and medical markets to reach new heights."
AUDC

Hot Stocks

08:18 EST AudioCodes announces acquisition of Callverso - AudioCodes announced that it has acquired Callverso, a provider of conversational AI solutions and NLU technology for contact centers. Callverso's virtual agent solution is deployed in major healthcare, utility and other service providers in Israel, where it automates the operation of complex business tasks such as the scheduling of medical appointments and bill payments. This acquisition enables AudioCodes to add Callverso's outstanding Conversational AI capabilities to AudioCodes portfolio of innovative contact center solutions and Live CX services that already cover high quality voice connectivity, work from home solutions, contextual click-to-call and voice channel integration with chatbots. "The acquisition of Callverso places AudioCodes in a stronger position to serve the growing adoption of conversational AI services in contact centers," said Shabtai Adlersberg, President and CEO of AudioCodes. "The technology and expertise of Callverso in developing and deploying conversational AI solutions will effectively complement AudioCodes' existing Voice.ai offering and be instrumental in modernizing contact center operations." The consideration for this transaction will consist of cash plus an earn-out arrangement based on attaining certain sales targets over the next three years. Following the transaction, Callverso became a wholly owned subsidiary of AudioCodes. The transaction closed on November 10, 2021.
PSEC

Hot Stocks

08:17 EST Prospect Capital says preferred stock offerings exceeded $400M - Prospect Capital Corporation announced that Prospect's preferred stock offerings have exceeded $400 million in aggregate liquidation preference issuances since the initial closing in the quarter ending December 31, 2020.
SR

Hot Stocks

08:17 EST Spire board increases quarterly dividend 68.5c per share from 65c - "Spire's growing dividend reflects the Company's performance, strong financial position and the board's confidence in our long-term growth strategy going forward. It is also a key part of how we deliver value to our shareholders while positioning Spire as a compelling investment," said Ed Glotzbach, chairman of the board of Spire. This full year 14c per share increase brings the annualized rate to $2.74, an increase of 5.4%. The dividend is payable on January 4, 2022, to shareholders of record on December 10, 2021.
CSPR

Hot Stocks

08:16 EST Casper Sleep to be acquired by Durational Capital for $6.90 per share - Casper Sleep announced that it entered into a definitive agreement to be acquired by Durational Capital. Under the terms of the agreement, Casper common stockholders will receive cash consideration of $6.90 per share, representing a 94% premium to the closing share price on November 12, the last trading day prior to this announcement and a premium of approximately 80% to the 30-day volume weighted average price ending November 12. Casper's board of directors has unanimously approved the transaction and recommends that Casper stockholders approve the transaction and adopt the merger agreement. The transaction is expected to close in Q1 of 2022 and is subject to customary closing conditions, including Casper stockholder approval. Officers and directors of Casper and affiliated investors, who in the aggregate own or control approximately 28% of the company's outstanding shares, have agreed to vote in favor of the transaction. Upon closing the transaction, Casper will operate as a privately-held company and will remain based in New York.
INZY

Hot Stocks

08:16 EST Inozyme doses first patient in first-in-human trial of INZ-701 - Inozyme Pharmahas dosed the first patient in its first-in-human Phase 1/2 clinical trial of INZ-701 in adult patients with ENPP1 Deficiency. INZ-701 is the company's enzyme replacement therapy in development for the treatment of mineralization disorders. The Phase 1/2 trial will primarily assess the safety and tolerability of INZ-701 in adult patients with ENPP1 Deficiency, as well as characterize the pharmacokinetic and pharmacodynamic profile of INZ-701. The open-label Phase 2 extension portion of the trial will assess long-term safety, pharmacokinetics, and pharmacodynamics of continued treatment with INZ-701 for up to 48 weeks. The company expects to present preliminary biomarker and safety data in the first half of 2022.
LSCC

Hot Stocks

08:14 EST Lattice Semiconductor acquires Mirametrix, terms unidsclosed - Lattice Semiconductor announced it has acquired Mirametrix, a software company focused on advanced artificial intelligence, or AI, solutions for computer vision applications, in an all-cash, accretive transaction. Mirametrix software has been deployed in more than 20M end user systems worldwide.
ACT

Hot Stocks

08:14 EST Enact Holdings declares special cash dividend of $1.23 per share - Enact Holdings declared a special cash dividend of $200M, or $1.23 per common share, payable on December 15 to the shareholders of record as of close of business on November 26.
LEA

Hot Stocks

08:14 EST Lear to supply connectivity, vehicle positioning solutions to EV automaker - Lear announced it will begin supplying its 4G/5G telecommunications unit in late 2022 to a global electric vehicle automaker to provide advanced connectivity and vehicle positioning solutions that assist driving and parking functions. This is a new automotive production application of Lear's proprietary Global Navigation Satellite System integrated into Lear's 4G/5G telecommunications unit, which connects the vehicle to cloud services and controls diagnostics and communications to and from the vehicle. "Our global customers are seeking innovative solutions that provide market-leading safety and consumer experiences," said Carl Esposito, Lear Senior Vice President and President, E-Systems. "This award validates our unique value proposition of offering a telecommunications unit integrated with precise vehicle positioning solutions."
FUN WWE

Hot Stocks

08:13 EST Cedar Fair appoints Brian Nurse as chief legal officer - Cedar Fair (FUN) announced that Brian Nurse has joined the company as executive vice president, chief legal officer and secretary. He will be based at the company's office in Charlotte, North Carolina, and will report to president and CEO Richard Zimmerman. Prior to joining Cedar Fair, Nurse was senior vice president, general counsel and secretary for World Wrestling Entertainment (WWE).
SAMOF

Hot Stocks

08:13 EST Sangoma Technologies files final base shelf prospectus - Sangoma Technologies is pleased to announce that on November 12, 2021 it filed and obtained a receipt for its final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada, other than Quebec. The base shelf prospectus will allow Sangoma to qualify the distribution by way of prospectus in Canada of up to C$200,000,000 of common shares of the Company, debt securities, warrants, subscription receipts, units, or any combination thereof, during the 25-month period that the base shelf prospectus is effective. The specific terms of any offering under the base shelf prospectus will be established in a prospectus supplement, which will be filed with the applicable Canadian securities regulatory authorities in connection with any such offering. There is no certainty that any securities will be offered or sold under the base shelf prospectus within its 25-month period of effectiveness. Concurrent with the filing of the base shelf prospectus, Sangoma withdrew its previous base shelf prospectus dated June 29, 2020.
UBER

Hot Stocks

08:12 EST Uber, GetUpside expand partnership, integrate cashback promotions - Uber and GetUpside, a retail technology company, announced they have expanded the partnership they launched in August, using GetUpside's API suite to make their fuel and convenience store promotions available to drivers and delivery people directly in the Driver App. Uber drivers can pause incoming trip requests in the Uber App and get routed right to a station in the GetUpside network for up to 25c per gallon cashback on fuel. Half of iOS app users will have access to these in-app fuel promotions as the feature rolls out to all drivers through the end of the year. Convenience store promotions are coming next year. "We began this partnership with GetUpside to help drivers and delivery people save on gas, and this has been extremely popular among the driver base. So now, we are announcing this integration which makes it even easier for drivers to access these savings," said Sachin Kansal, vice president of product, Uber. "We also heard from drivers that they wanted an easier way to take a break and we're excited to also roll out a new pause feature - all thanks to driver feedback."
AGFAF

Hot Stocks

08:11 EST Agra secures recurring revenue stream via six-month cannabis offtake agreement - Agra Ventures is pleased to announce that its wholly owned subsidiary, Propagation Services Canada Inc. d.b.a. Boundary Bay Cannabis, has signed a Cannabis Purchase Agreement with an arm's length third party. The Offtake Agreement specifies the recurring monthly purchase of a defined minimum quantity of cannabis in dried flower form, with a minimum range of THC content, terpenes and other specifications. Due to the confidentiality clause within the Offtake Agreement, no specific price, volume or other such information can be disclosed by either the Company and its affiliates or by the Purchaser. Subject to other terms and conditions, the Contract has an initial term of six months, with a renewal term of equal length if not terminated by either party, and a delivery date of the first order of cannabis being on or before November 23, 2021. Entering into the Offtake Agreement marks a significant milestone for the Company as it formalizes the ongoing sale of Boundary Bay Cannabis products grown at the Delta greenhouse complex on a wholesale basis for the first time. Importantly, it establishes a new relationship with the Purchaser, which was originally brokered by a separate third party on the Company's behalf. In exchange for establishing the relationship between Boundary Bay Cannabis to the Purchaser, the Company has agreed to pay the Broker an average rate of 4.9 per cent on all sales over the term of the Contract from Boundary Bay Cannabis to the Purchaser.
ABOS

Hot Stocks

08:11 EST Acumen reports Q3 net loss $3.9M vs. $2.5M a year ago - "Starting with our successful IPO in early July, the third quarter of 2021 marked the beginning of the next phase of life for our company. In October 2021, we announced the screening and initial dosing of our first patient in INTERCEPT-AD," said CEO Daniel O'Connell. "INTERCEPT-AD is investigating the safety, tolerability, pharmacokinetics and target engagement of our product candidate ACU193 in a Phase 1 clinical trial involving early Alzheimer's patients. ACU193 is differentiated as the first humanized monoclonal antibody discovered and developed to selectively target toxic amyloid-beta oligomers to enter a clinical trial. We have cleared our sentinel safety review and are continuing to recruit patients in INTERCEPT-AD. We believe we have the resources to execute against our current strategic plan with our existing cash and cash equivalents and marketable securities, which we believe will be sufficient to enable us to fund our operating expenses and capital expenditure requirements at least through 2024."
SPLK

Hot Stocks

08:10 EST Splunk reports preliminary Q3 revenue $660M, consensus $646.38M - Reports preliminary Q3 total ARR $2.83B. Reports Q3 non-GAAP operating income margin down 14%. "Thanks to our team's focused execution, we had another excellent quarter and surpassed $1 billion of cloud ARR. We continue to deliver high value to our customers as we see continued momentum in our cloud and business model transformations," said Jason Child, Splunk CFO.
BHVN

Hot Stocks

08:10 EST Biohaven Pharmaceutical completes enrollment of HEALEY ALS Platform trial - Biohaven Pharmaceutical announced that enrollment is now complete in the verdiperstat arm of the HEALEY ALS Platform Trial. This platform trial in ALS is designed to evaluate the safety and efficacy of multiple drug candidates in people with Amyotrophic Lateral Sclerosis, ALC. Verdiperstat was selected as one of the inaugural investigational treatments for the HEALEY ALS Platform Trial which began enrolling patients in July 2020 across 52 sites from the Northeast ALS Consortium, NEALS. Topline results for verdiperstat in the treatment of ALS are anticipated in mid-2022.
SPLK

Hot Stocks

08:08 EST Splunk CEO Doug Merritt steps down, Graham Smith appointed interim CEO - Splunk announced that Graham Smith, chair of Splunk's board of directors, has been appointed interim CEO, effective immediately. Smith succeeds Doug Merritt, who is stepping down after having served as president and CEO for the past six years. Merritt will remain with the company in an advisory role to ensure a smooth transition and as the Board begins its search for Splunk's next CEO. Smith has served as a member of Splunk's board since 2011 and as chair since 2019. As interim CEO, Smith will focus on investments and priorities for the company's upcoming fiscal year to ensure continued customer and cloud transformation success. Smith will retain his chair responsibilities while the Board conducts its search.
GALT

Hot Stocks

08:06 EST Galectin Therapeutics expects to require more cash after Mar. 31, 2023 - The Company expects that it will require more cash to fund operations after March 31, 2023, and believes it will be able to obtain additional financing as needed. Currently, we expect to require an additional approximately $30-$35 million to cover costs of the NAVIGATE trial to reach the planned interim analysis estimated to occur around the end of the first quarter of 2024, along with drug manufacturing and other scientific support activities and general and administrative costs. However, there can be no assurance that we will be successful in obtaining such new financing or, if available, that such financing will be on terms favorable to us.
GALT

Hot Stocks

08:06 EST Galectin Therapeutics expects cash to fund operations through Mar. 31, 2023 - As of September 30, 2021, the Company had $36.6 million of cash and cash equivalents. On September 17, 2021, the Company received $10 million in proceeds from an unsecured convertible promissory note from its Board Chairman, Richard E. Uihlein. The Company also has an agreement for an additional $10 million unsecured promissory note from Mr. Uihlein to close in December 2021. The Company believes it has sufficient cash to fund currently planned operations and research and development activities through at least March 31, 2023.
NRBO

Hot Stocks

08:05 EST NeuroBo Pharmaceuticals expects cash position to fund operations into Q4 of 2022 - Cash and Cash Equivalents were $7.0 million as of September 30, 2021, compared with $10.1 million as of December 31, 2020. Operating at its current level of clinical activity and including the proceeds from the October 2021 registered direct offering, NeuroBo expects its cash position will be adequate to fund operations into the fourth quarter of 2022
APLIF

Hot Stocks

08:05 EST Appili Therapeutics' ph3 PRESECO trial not achieve statistical significance - On Friday, the company announced that its "Phase 3 PRESECO - PREventing SEvere COVID-19 - clinical trial evaluating oral antiviral Avigan/Reeqonus , or favipiravir, for the treatment of mild-to-moderate COVID-19 - did not achieve statistical significance on the primary endpoint of time to sustained clinical recovery. Additional analyses of the trial data are ongoing. The clinical trial enrolled 1,231 patients with mild-to-moderate COVID-19 from 38 study sites across the United States, Mexico, and Brazil."
CBT

Hot Stocks

08:04 EST Cabot to acquire Tokai Carbon for $9M - Cabot announced that it has entered a definitive agreement to acquire Tokai Carbon from Tokai Carbon Group for $9M, subject to customary closing adjustments. The carbon black manufacturing facility was commissioned in 2006 and is located in close proximity to Cabot's current carbon black and specialty compounds facility in Tianjin, China. The acquisition is expected to support the growth of Cabot's Battery Materials product line, while continuing to serve existing carbon black customers. The growth of electric vehicles has led to rapid development in lithium-ion batteries. Conductive carbon black additives play a role in battery chemistry to increase the range and cycle life of lithium-ion batteries. The site currently can produce up to 50,000 metric tons of carbon black annually and Cabot plans to invest to upgrade the capabilities to produce battery grades. The parties expect to close the transaction in the second fiscal quarter of 2022.
CHPM

Hot Stocks

08:03 EST CHP Merger, Accelus announce proposed business combination - Integrity Implants Inc. d/b/a Accelus, and CHP Merger Corp., a special purpose acquisition company, or SPAC, formed by an affiliate of Concord Health Partners, announced entry into a definitive business combination agreement. Upon the closing of the business combination, CHP Merger Corp. will be renamed Accelus. The business combination is expected to be completed in early 2022. Based in Palm Beach Gardens, Florida, and established through the combination of Integrity Implants Inc. and Fusion Robotics, LLC, Accelus is a commercial stage medical technology company with a mission to accelerate the adoption of minimally invasive surgery as the standard of care in spine. With a portfolio of MIS spinal implants leveraging its proprietary Adaptive GeometryTM technology and a compact precision robotics platform, Accelus is focused on improving procedures and outcomes, creating favorable economics, and providing broad accessibility across end markets, including ambulatory surgery centers and internationally. On November 14, 2021, CHP Merger Corp. entered into a definitive agreement to combine with Accelus. Upon closing of the business combination, the combined company will have an estimated pro-forma enterprise value of approximately $482 million. The proposed transaction has been unanimously approved by the boards of directors of each of CHP Merger Corp. and Accelus and is subject to the approval of the stockholders of CHP Merger Corp. and Accelus, and the satisfaction or waiver of other customary conditions, including a registration statement on Form S-4 being declared effective by the U.S. Securities and Exchange Commission. The proposed transaction is expected to close in early 2022.
PSTI

Hot Stocks

08:02 EST Pluristem completes enrollment of Phase 3 muscle regeneration study - Pluristem's multinational Phase III multicenter, randomized, double-blind, placebo-controlled study, designed to determine the efficacy, safety, and tolerability of intramuscular administration of allogeneic PLX-PAD cells for the treatment of muscle injury following arthroplasty for hip fracture,is fully enrolled with 240 patients. Topline results are expected in 3Q22. During a completed Phase I/II double-blind placebo controlled trial, PLX-PAD cells demonstrated statistically significant superiority, in the ability to increase muscle strength and volume for patients who have undergone total hip replacement surgery due to osteoarthritis.
GILT

Hot Stocks

07:59 EST Gilat Satellite selected by Africa Mobile Networks for coverage expansion - Gilat Satellite announced that Africa's largest satellite cellular backhaul network is extending its coverage to a dozen countries in Africa. Africa Mobile Networks has deployed Gilat hubs and placed additional orders of Gilat cellular backhaul terminals to serve multiple Tier-1 Telcos in Africa.
DMTTF

Hot Stocks

07:59 EST Small Pharma says preparations underway for U.S. portion of Phase IIb trial - Small Pharma confirms, following positive discussions with the U.S. Food and Drug Administration, that preparations are now underway for the U.S. component of its Phase IIb clinical trial for its lead candidate, SPL026, a N,N-dimethyltryptamine assisted therapy for the treatment of major depressive disorder. Dr. Carol Routledge, Chief Medical and Scientific Officer of Small Pharma, said: "Discussions with the FDA are always a critical element in any clinical program planning, and we are delighted with the outcome. The discussions were quite wide ranging, from manufacturing and non-clinical elements to providing guidance on the Phase IIb clinical trial design to be conducted in patients with MDD. Importantly, the FDA's feedback facilitates a path forward to prepare for the inclusion of U.S. sites in our Phase IIb clinical trial, which we anticipate will also be conducted across sites in Europe and the U.K. We believe that Small Pharma is conducting the first clinical trials of a DMT-assisted therapy for patients with MDD, with the potential to provide a much-needed alternative treatment for patients suffering from this debilitating condition."
OYST

Hot Stocks

07:58 EST Oyster Point Pharma announces publication of ONSET-2 Phase 3 data - Oyster Point Pharma announced that results from the multicenter, randomized, double-masked, vehicle-controlled Phase 3 clinical trial of TYRVAYA Nasal Spray have been published in Ophthalmology.1 TYRVAYA Nasal Spray 0.03 mg is a highly selective cholinergic agonist that is FDA-approved to treat the signs and symptoms of dry eye disease as a multidose nasal spray. "This Phase 3 study of TYRVAYA nasal spray shows consistent outcomes as compared to the ONSET-1 Phase 2b trial. These results show clinically meaningful improvements in basal tear film production," said Jeffrey Nau, Ph.D., MMS, President and Chief Executive Officer of Oyster Point Pharma. Dr. Nau continued, "These results are notable as TYRVAYA is the first and only cholinergic agonist nasal spray approved by the FDA to treat patients with the signs and symptoms of dry eye disease, leveraging this novel mechanism of action of activating the trigeminal parasympathetic pathway."
GREE

Hot Stocks

07:57 EST Greenidge Generation appoints Loughran as Chief Financial Officer - Greenidge Generation announced the appointment of Robert Loughran as Chief Financial Officer, effective January 1, 2022. Loughran will succeed Timothy Rainey, who will remain with Greenidge as Treasurer of Greenidge and CFO of the company's operating subsidiaries in New York. Loughran joined Greenidge as Chief Accounting Officer in June 2021.
ORGS

Hot Stocks

07:57 EST Orgenesis enters collaboration agreement with medical center in Tel Aviv - Orgenesis has entered into a collaboration agreement with Tel Aviv Sourasky Medical Center to establish a point-of-care cell therapy center at the Ichilov Hospital, a multidisciplinary healthcare institution in Israel. The parties plan to conduct collaborative cell-based research projects, initially focused on advancing the clinical development and validation of Orgenesis' CD19 CAR-T therapies, including CAR-T derived exosome products, utilizing Orgenesis' proprietary T-cell culturing and point-of-care processes and systems. The parties also plan to deploy Orgenesis Mobile Processing Units and Labs onsite to support joint research and validation activities for advanced cell and gene therapies developed by both Orgenesis and the Tel Aviv Sourasky Medical Center.
DGHI

Hot Stocks

07:56 EST Digihost Technology produces 41.84 BTC during October - Digihost Technology is pleased to provide an unaudited Bitcoin production update for the month ended October 31, 2021. All amounts are expressed in USD unless otherwise indicated. The Company is also pleased provide a reminder that trading on the Nasdaq Capital Market is expected to commence on the date hereof, under the symbol "DGHI." Corporate Highlights for October 2021: Produced 41.84 BTC during the month, increasing total holdings to 494.08 BTC representing a fair market value of approximately $30.3 million as of October 31, 2021. Total Ethereum holdings of 1,000.89 ETH representing a fair market value of approximately $4.3 million as at October 31, 2021. Total digital asset inventory value consisting of BTC and ETH of approximately $34.6 million at the end of October. Cash on hand at October 31st was approximately $9.7 million, and total cash and digital asset holdings was approximately $44.3 million. Year-to-date deposits on equipment and infrastructure targeted to be installed in Q4 2021 and H1 2022 pertaining to the Company's core business of approximately $30.8 million. During October, the Company received 4,932 new, technologically advanced, high-performance M30 Bitcoin miners, with over 1,000 additional Miners in transit to the Company's data center. The Company's current hashrate is approximately 400PH and is expected to increase to approximately 500PH by the end of November, representing an increase of approximately 150% since September of 2021.
DNA

Hot Stocks

07:56 EST Ginkgo Bioworks expects to add 9 programs in Q4 of 2021 - For a total of 30 new programs this year. Ginkgo expects total Foundry revenue of at least $100 million for full year 2021, inclusive of both downstream value share and services revenue.
ATCX

Hot Stocks

07:56 EST Atlas Technical Consultants awarded $15M contract for I-35 in Texas - Atlas Technical Consultants was selected for a $15M contract to provide design quality assurance for the I-35 Northeast Expansion project. The $1.5B Design Build contract was awarded to the Alamo NEX Construction as the best value proposer, with Atlas as a major participant. The project will develop, design, construct, and maintain the I-35 NEX from I-410 South to FM 1103 in Bexar, Guadalupe, and Comal counties. Under this contract, Atlas will provide design review of infrastructure assets to assure compliance with the design build contract and TxDOT codes and specifications.
KALA

Hot Stocks

07:54 EST Kala Pharmaceuticals announces time change for Q3 results - Kala Pharmaceuticals announced that it has changed the time of its previously scheduled financial results conference call and live audio webcast. The Company will now report its third quarter 2021 financial results and provide a business update on Monday, November 15th at 10:30 am. ET.
DUK

Hot Stocks

07:54 EST Duke Energy enters into cooperation agreement with Elliot Investment - Duke Energy announced that it has entered into a cooperation agreement with Elliott Investment Management after several months of constructive dialogue. The agreement provides for the appointment of two new independent directors to Duke Energy's board of directors. Idalene Kesner, 63, Dean of Indiana University's Kelley School of Business, has been appointed to Duke Energy's board as a new independent director. In addition, as part of its continuing board refreshment process, the company will begin a search for an additional independent board member, mutually agreeable to Duke Energy and Elliott, to be appointed no later than March 31, 2022. Elliott has agreed to customary standstill, voting and other provisions for a period of one year. Duke Energy also announced that Michael Browning, 75, who has served as Duke Energy's independent lead director since 2016, will retire from the board at the end of his current one-year term, consistent with the board's retirement policy.
RYTM

Hot Stocks

07:53 EST Rhythm Pharmaceuticals' sNDA for Imcivree accepted by FDA - Rhythm Pharmaceuticals announced that the FDA has accepted for filing the company's supplemental New Drug Application - sNDA - for Imcivrree, a melanocortin-4 receptor agonist, for patients with Bardet-Biedl syndrome or Alstrom syndrome. The FDA granted Priority Review of the sNDA and assigned a Prescription Drug User Fee Act goal date of March 16, 2022. BBS and Alstrom syndrome are ultra-rare genetic diseases that affect multiple organ systems.
TNXP

Hot Stocks

07:53 EST Tonix Pharmaceuticals announces issuance of U.S. patent for use of TNX-1700 - Tonix Pharmaceuticals Holding announced that the U.S. Patent and Trademark Office issued U.S. Patent No. 11,167,010 on November 9, 2021. The patent, entitled "Trefoil Family Factor Proteins and Uses Thereof," includes claims directed to an isolated polypeptide comprising a carboxy-terminal domain of the beta subunit of the human chorionic gonadotropin fused to a TFF2 protein. This patent, excluding possible patent term extensions, is expected to provide U.S. market exclusivity until April 2, 2033. TNX-1700 is a stabilized recombinant modified form of Trefoil Family Factor 2, or rTFF2, which Tonix licensed from Columbia University in 2019. Tonix is developing the biologic to treat gastric and pancreatic cancers. TFF2 is a small, secreted protein, expressed in gastrointestinal mucosa where it functions to protect and repair mucosa. TFF2 is also expressed at low levels in splenic immune cells and is now appreciated to have intravascular roles in spleen and in the tumor microenvironment. In gastric cancer, TFF2 is epigenetically silenced, therefore, TFF2 is suggested to be protective against cancer development through several mechanisms. In 2020, data from a preclinical study were presented which investigated the role of PD-L1 in colorectal tumorigenesis and evaluated the utility of targeting myeloid-derived suppressor cells with TFF2-CTP in combination with PD-1 blockade in mouse models of colorectal cancer. The data showed that anti-PD-1 monotherapy was unable to evoke anti-tumor immunity in this model of colorectal cancer, but TFF2-CTP augmented the efficacy of anti-PD-1 therapy. Anti-PD-1 in combination with TFF2-CTP showed greater anti-tumor activity in PD-L1-overexpressing mice.
NVCR

Hot Stocks

07:53 EST Novocure reports updated data from 2-THE-TOP trial - Novocure announced that David Tran, chief of the division of Neuro-Oncology at the McKnight Brain Institute at the University of Florida, has released updated data from the phase 2 pilot 2-THE-TOP trial testing the safety and efficacy of Tumor Treating Fields, or TTFields, together with pembrolizumab and temozolomide for the treatment of adult patients with newly diagnosed glioblastoma, or GBM. In patients with greater than nine months of follow-up, median progression-free survival, the primary endpoint, was at least 11.2 months. Overall, 24% of patients achieved partial to complete response. Tran will present these data at the Society for Neuro-Oncology, or SNO, 2021 Annual Meeting in Boston on November 19. Twenty-five patients with a median age of 61 years were enrolled in the 2-THE-TOP study, with a median follow-up of 14.7 months. Eight had biopsy only and partial resection, respectively. Eighteen had unmethylated MGMT and 3 had an IDH mutation. Twelve were progression-free, and 15 were still alive. Of the 19 patients with follow-up greater than 9 months, the median progression-free survival was at least 11.2 months compared to 6.7 months from the historical control study, EF-14, in which patients received TTFields and adjuvant temozolomide. Six patients with measurable tumors achieved partial or complete response. 193,760 peripheral blood mononuclear cells were sequenced in 12 patients before pembrolizumab and detected robust post-TTFields T cell activation in 11 of 12 patients via the T1IFN trajectory with a strong correlation with the TCRass clonal expansion Simpson index. The study defined a T cell-based gene signature of TTFields effects on TCRass clonal expansion. The most common adverse events were thrombosis, seizure and metabolic disturbances. The 2-THE-TOP trial is a phase 2 pilot trial designed for the treatment of patients with newly diagnosed GBM. Patients enrolled in the trial underwent maximal tumor resection followed by standard chemoradiation. Following the completion of chemoradiation, patients began a course of monthly cycles of adjuvant temozolomide. Treatment with TTFields started at approximately the same time as the first cycle of adjuvant temozolomide. Pembrolizumab was introduced in the second cycle of treatment and subsequent cycles of pembrolizumab were administered every three weeks until first disease progression or unacceptable toxicities or 2 years, whichever comes first.
BFARF

Hot Stocks

07:52 EST Bitfarms exceeds 2 exahash per second - Bitfarms received and installed 1,500 Bitmain S19j Pro miners in November, increasing its hashrate to exceed 2 Exahash per second. Miner Update: 1,879 Bitmain S19J Pro miners received and installed in October. 300 MicroBT M30S miners received and installed in October. 1,500 Bitmain S19j Pro miners received and installed to date in November. 2,701 Bitmain S19j Pro miners en route and scheduled to be received and installed throughout the remainder of November. 400 MicroBT M30S miners en route and scheduled to be received and installed throughout the remainder of November. 48,000 MicroBT miners purchased and scheduled for delivery in 2022.
TGLS

Hot Stocks

07:51 EST Tecnoglass upsizes revolving credit facility, extends maturity date - Tecnoglass announced it has amended its senior secured revolving credit facility to increase the borrowing capacity under its committed Line of credit from $50 million to $150 million , reduce its borrowing costs by an approximate 130 basis points, and extend the initial maturity date by one year to the end of 2026. Borrowings under the credit facility will now bear interest at a rate of LIBOR with no floor plus a spread of 1.75%, based on the Company's net leverage ratio, compared to a prior rate of LIBOR with a floor of 0.75% plus a spread of 2.50%. The company expects the amendments to provide approximately $3 million of incremental interest expense savings on an annual basis at current outstanding borrowings.
SLSSF

Hot Stocks

07:51 EST Solaris Resources provides update from drilling at Warintza Project - Solaris Resources reports assay results from a series of additional holes from ongoing resource growth and discovery drilling programs at its Warintza Project in southeastern Ecuador. Highlights: Two additional holes reported in this press release have extended the dimensions of Warintza Central zone to the south and east, with the highest-grade intervals in each hole starting at or near surface. Southern extension drilling in SLS-36 together with northern step-out drilling previously reported on October 12 in SLS-32, which returned 618m of 0.48% CuEq from surface, including 372m of 0.64% CuEq from 46m depth, have widened the Warintza Central zone. SLS-35 was collared at the southeastern limit of the Warintza Central grid and drilled into a partially open volume to the east, returning 920m of 0.62% CuEq, including 326m of 0.80% CuEq from 50m depth, extending mineralization to the east where it partially overlaps Warintza East. SLS-36 was collared in the middle of the Warintza Central grid and drilled into an open volume to the southeast, returning 1,080m of 0.41% CuEq from surface, including 290m of 0.81% CuEq from 46m depth, extending mineralization by at least 200m to the south where it remains open. To date, 50 holes have been completed at Warintza Central with assays reported for 36 of these.
KXIN

Hot Stocks

07:50 EST Kaixin Auto says POCCO EV sales exceed 20,000 units - Kaixin Auto Holdings announced that according to Henan Yujie Times Automobile Co., Ltd., which signed a binding M&A term sheet with Kaixin in August 2021, the sales volume of its POCCO electric vehicle models in October reached 8,661 units, of which sales of the DuoDuo and MeiMei models accounted for 5,627 and 3,034 units respectively, a 33.7% and 12.2% increase over September. As of October, total sales of POCCO EV models exceeded 20,000 units. According to data released by the China Association of Automobile Manufacturers, China's auto sales in October were 2.33 million units. New energy vehicles performed strong, whose production and sales reached a record high of 397,000 and 383,000 units in October respectively, an increase of 12.5% and 7.2% over the previous month. Mr. Mingjun Lin, Chairman and CEO of Kaixin said: "Mini cars and mid-size cars have become the two main stream models of new energy vehicle sales in China. This year marks a turning point for China's new energy vehicles to transform from policy-driven to market-driven."
ARWR

Hot Stocks

07:49 EST Arrowhead announces additional ARO-APOC3 data - Arrowhead announced additional Phase 1/2 clinical data on ARO-APOC3, the company's investigational RNA interference therapeutic targeting apolipoprotein C-III, or APOC3, being developed as a treatment for patients with hypertriglyceridemia, severe hypertriglyceridemia, and familial chylomicronemia syndrome, at the American Heart Association Scientific Sessions. Four genetically confirmed FCS patients received 50 mg ARO-APOC3 and 26 multifactorial chylomicronemia patients received 10, 25, 50, or 100 mg ARO-APOC3 on days 1 and 29. Since similar responses were observed among MCM pts, results were pooled across dose levels. Safety and pharmacodynamic responses were examined. Maximal mean and median changes from baseline for APOC3, triglycerides, non-HDL-C, and HDL-C were reported. In patients with FCS compared with non-FCS, ARO-APOC3 achieved similar levels of reduction of APOC3 and changes in key lipid parameters. In patients with FCS compared with non-FCS, safety parameters were similar and comparable. In patients with sHTG, ARO-APOC3 was well tolerated, and consistently decreased APOC3, TG, and non-HDL-C, and increased HDL-C, independent of underlying genetic cause of HTG. ARO-APOC3 may represent a promising RNAi therapeutic for the treatment of sHTG with infrequent dosing of every 3 months or every 6 months. APOC3 was reduced by 98% in FCS patients and 96% in MCM patients. Both groups showed similar maximum median reductions in TG of 91% and 90%, respectively. Non-HDL-C was reduced by 58% and 49%, respectively. HDL-C increased by 152% and 111%, respectively.ARO-APOC3 was generally well tolerated. No treatment emergent adverse event-related study drug discontinuation, dose interruptions, or premature study withdrawals. No clear pattern of an increased frequency or intensity of adverse events with increasing dose level. TEAEs and the safety parameters were similar and comparable with FCS compared to non-FCS subjects. Two serious adverse events not related to ARO-APOC3 in 2 subjects in the non-FCS group - both subjects completed the study.
MAG

Hot Stocks

07:49 EST MAG Silver secures $40M revolving credit facility - MAG Silver is pleased to report the signing of a binding commitment letter with the Bank of Montreal for a fully underwritten $40 million revolving credit facility. Closing of the Facility is expected to occur by mid-December 2021 and is subject to the satisfaction of customary conditions, and completion of definitive documentation. The Facility has a maturity date of December 31, 2024 and will be available for working capital and general corporate purposes, and provides MAG with additional liquidity and financial flexibility for its 44% share of the Juanicipio development and exploration costs should it be needed.
SMDM

Hot Stocks

07:48 EST Singing Machine to reschedule Q2 earnings release - The Singing Machine Company announced that it will reschedule its earnings call and release of its second quarter earnings report from Monday, November 15, 2021 to pre-market opening on Monday, November 29, 2021. The same day Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update.
REAX

Hot Stocks

07:48 EST The Real Brokerage appoints Raj Naik as Chief Operating Officer - The Real Brokerage announced that Raj Naik will join its management team as Chief Operating Officer. Naik will be responsible for driving operational efforts, growth initiatives, and transforming the service level offered to the agents supported by Real's technology platform. Naik has been an entrepreneur and technologist for over 20 years. Naik joins Real from Workrise, previously RigUp, a workforce management platform for the skilled trades, where he served as Managing Director for its construction business unit and was a member of the executive leadership team.
AUTL BX

Hot Stocks

07:48 EST Autolus Therapeutics appoints William Young as non-executive director - Autolus Therapeutics (AUTL) announced that Dr. William D. Young, a Senior Advisor to Blackstone Life Sciences (BX), has been appointed as a non-executive director to its board of directors, effective immediately. The appointment is pursuant to the recently announced investment from Blackstone Life Sciences. Dr. Young will serve as a Class III director, with an initial term expiring at Autolus' 2024 annual general meeting.
VRDN

Hot Stocks

07:47 EST Viridian Therapeutics announces FDA clearance of IND application for VRDN-001 - Viridian Therapeutics announced the U.S. Food and Drug Administration clearance of its Investigational New Drug application for VRDN-001, which the Company is developing for the treatment of thyroid eye disease. VRDN-001 is a monoclonal antibody that binds and blocks the IGF-1R signaling pathway with sub-nanomolar affinity. This mechanism of action is clinically and commercially validated for the treatment of TED. The Company's first clinical trial for VRDN-001 is a Phase 1/2 proof of concept trial including multiple randomized, placebo-controlled cohorts of TED patients to assess the potential for VRDN-001 to provide rapid improvement of signs and symptoms of TED, including proptosis. The protocol for this trial allows for additional patient cohorts to assess differing treatment paradigms that may offer advantages over currently available therapies and mitigate patient treatment burden. The Company expects to announce top line data from the proof of concept portion of the trial in the second quarter of 2022.
ADS

Hot Stocks

07:46 EST Alliance Data reports October net charge-offs 4.1% vs. 4.0% last month - Reports October delinquency ration 3.9% vs. 3.8% last month
DMRC

Hot Stocks

07:45 EST Digimarc to acquire product cloud company EVERYTHING Limited - Digimarc Corporation announced it entered into a definitive agreement to acquire the Product Cloud company EVRYTHNG Limited in a stock transaction. "This acquisition allows us to provide a complete solution set to our customers," explains Digimarc CEO Riley McCormack. "The best determinant of a technology product's value is how much of the customer's problem it can solve. By combining Digimarc's unique and advanced means of identification with the pioneer and most advanced supplier of product item business intelligence using any means of identification, we are now uniquely positioned to unlock additional solutions for our customers and enhance their Digimarc journey." The acquisition expands the geographic footprint for both companies. EVRYTHNG, based in London with offices in New York, Beijing, Minsk, and Lausanne is finding much success in North America. Conversely, Digimarc, based in the Portland, Oregon area, has a growing customer base across Europe. Digimarc will acquire EVRYTHNG for shares of Digimarc common stock. The proposed transaction is subject to the satisfaction or waiver of certain closing conditions and is expected to close in January 2022.
MARA

Hot Stocks

07:44 EST Marathon Digital announces proposed convertible senior notes offering - Marathon Digital Holdings announced its intention to offer, subject to market and other conditions, $500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Marathon also expects to grant the initial purchasers of the notes an option, for settlement within a period of 13 days from, and including, the date the notes are first issued, to purchase up to an additional $75,000,000 principal amount of notes. The notes will be senior, unsecured obligations of Marathon, will accrue interest payable semi-annually in arrears and will mature on December 1, 2026, unless earlier repurchased, redeemed or converted. Noteholders will only have the right to convert their notes in certain circumstances and during specified periods. Marathon will settle conversions of notes by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock, at Marathon's election. The notes will be redeemable, in whole or in part, for cash at Marathon's option at any time, and from time to time, on or after December 6, 2024 and on or before the 21st scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Marathon's common stock exceeds 130% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering. Marathon intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin or bitcoin mining machines.
PTN

Hot Stocks

07:44 EST Palatin expects cash to fund operations through FY22 - As of September 30, 2021, Palatin's cash and cash equivalents were $53.4M with $0.9M of accounts receivable, compared to cash and cash equivalents of $60.1M with $1.6M of accounts receivable, as of June 30, 2021.
DISH SBGI

Hot Stocks

07:44 EST Dish, Sinclair Broadcast reach multi-year carriage agreement - DISH Network (DISH) and Sinclair Broadcast (SBGI) announced they have reached a new, multi-year carriage agreement, ensuring Sinclair's owned 144 local stations, across 86 markets nationwide, will remain on DISH TV, and the Tennis Channel will remain available on DISH TV and SLING TV. "We are pleased to have reached a multi-year agreement with Sinclair after months of negotiations," said Brian Neylon, group president, DISH TV. "Sinclair has been a good long-term partner to work with. Both sides have been committed to keeping our customers top of mind and not putting them in the middle of our negotiations. After several contract extensions, we have arrived at a fair agreement that benefits all parties, especially our customers."
MTEM

Hot Stocks

07:42 EST Molecular Templates expects cash to fund operations into 2H23 - As of September 30, 2021, MTEM's cash and investments totaled $175.4 million. MTEM's current cash and investments are expected to fund operations into the second half of 2023.
VBLT

Hot Stocks

07:38 EST VBL Therapeutics expects cash to fund operations into 4Q23 - At September 30, 2021, VBL had cash, cash equivalents, short-term bank deposits and restricted bank deposits of $50.8 million. After September 30, 2021, the company received a further $9.6 million in proceeds from warrant exercises. VBL expects that its cash, cash equivalents, short-term bank deposits, and restricted bank deposits will be sufficient to fund currently planned operating expenses and capital expenditures into the fourth quarter of 2023.
FREY GLNCY

Hot Stocks

07:37 EST Freyr, Glencore sign supply contract for up to 1,500 metric tons of cobalt - Freyr Battery (FREY) and Glencore International (GLNCY), have signed a contract for the supply of up to 1,500 metric tons of high grade, sustainably sourced cobalt metal cut cathodes made from partially recycled cobalt produced at Glencore's Nikkelverk facility in Norway. The supply contract follows the letter of intent between Freyr and Glencore announced on February 9. Cobalt is a core component in Freyr's lithium-ion battery cells, which will be produced at the company's facilities under development in Mo i Rana, Norway. Freyr and Glencore will collaborate closely to minimize their carbon footprint and define actions and milestones to meet the common ambition of 100% carbon neutral material, including the potential use of carbon offsets schemes. The companies will also collaborate to develop a scheme to introduce recycling certificates to document the delivery of recycled material as well as on the collection and processing of battery scrap generated during the production of battery material and cells. The agreement also covers exploring potential collaboration structures between Glencore and Freyr in Norway and around the world. This expanded collaboration targets the supply of nickel to Freyr and the supply of recycling scrap from NCM cells produced by Freyr in line with the timeline for Freyr's planned production of battery cells in Mo i Rana, Norway. Freyr and Glencore will also explore potential collaboration for battery material and battery scrap recycling and work together to assure responsible sourcing and recycling through third-party audits.
TSN

Hot Stocks

07:36 EST Tyson Foods sees $1B in productivity savings by end of FY24 - Tyson said: "Beginning in fiscal 2022, we are launching a new productivity program, which is designed to drive a better, faster and more agile organization that is supported by a culture of continuous improvement and faster decision making. We are targeting $1B in productivity savings by the end of fiscal 2024 and $300M-$400M in fiscal 2022, relative to a fiscal 2021 cost baseline."
TSN

Hot Stocks

07:36 EST Tyson Foods delivered double digit sales, earnings growth during Q4, says CEO - "We delivered double digit sales and earnings growth during the fourth quarter and full year, and our performance was supported by our diverse portfolio and continued strength in consumer demand for protein," said Donnie King, president and CEO of Tyson Foods. "We delivered a record performance in our beef segment and experienced share gains in our retail core business lines, which include our Tyson, Jimmy Dean, Hillshire Farm and Ball Park iconic brands, while supporting the continued recovery in foodservice." King added, "To foster continuous improvement and faster decision making, we're launching a new productivity program designed to deliver more than $1B in annual savings by the end of 2024. The focus of this plan includes operational and functional excellence, digital solutions, and automation and advanced technologies."
GLYC

Hot Stocks

07:32 EST GlycoMimetics completes enrollment in uproleselan trial - GlycoMimetics announced completion of enrollment of its pivotal Phase 3 trial evaluating uproleselan in addition to a standard chemotherapy regimen in patients with relapsed/refractory AML. A total of 388 patients across 70 sites in nine countries has now been randomized in the clinical trial, which has a primary endpoint of overall survival, not censored for transplant. GlycoMimetics reiterates its guidance that, based upon current projections, it expects topline results after year-end 2022.
RCKT

Hot Stocks

07:32 EST Rocket Pharmaceuticals announces updated data from RP-A501 trial - Rocket Pharmaceuticals announced updated data from the Phase 1 clinical trial evaluating a single intravenous infusion of RP-A501, the company's investigational gene therapy, for the treatment of Danon Disease. This update, which includes interim safety and efficacy data from patients in the low-dose and high-dose adult and adolescent cohorts, demonstrates RP-A501 was generally well tolerated at the low-dose and conferred sustained clinical benefit. RP-A501 was generally well tolerated at the 6.7e13 vg/kg dose level. All observed adverse effects were reversible with no lasting sequelae. Early transaminase and creatinine kinase elevations returned to baseline or decreased. As previously disclosed, RP-A501 r-AAV dose-dependent toxicity was seen in one of the two patients treated at the 1.1e14 vg/kg dose level. The affected patient, who received the largest total dose, developed thrombotic microangiopathy, or TMA, that fully resolved with supportive treatment including transient hemodialysis. Across both dose levels, the most common serious adverse event, or SAE, observed was steroid-induced myopathy in three patients which resolved subsequent to corticosteroid discontinuation. Based on the observed safety and efficacy to-date, the Company will focus on the low-dose cohort moving forward and will no longer administer the high-dose to study patients. An updated protocol developed in collaboration with the FDA has been implemented to mitigate development of TMA and other treatment-related adverse events. An improvement in NYHA class was observed in three patients who had closely monitored immunosuppression with follow-up greater than one year and stabilization was observed in one low-dose patient without a closely monitored immunosuppressive regimen. A substantial improvement in B-type natriuretic peptide, a key marker of heart failure, was observed in all three low-dose patients and one high-dose patient. Among the three low-dose patients, BNP decreased from a pretreatment baseline by 57% at 24 months, 79% at 18 months, and 75% at 15 months, respectively. In the high-dose patient, BNP decreased from a pretreatment baseline by 67% at 12 months. In patients with closely monitored immunosuppression left ventricular posterior wall thickness improved and ejection fraction improved or stabilized at 12 to 18 months on echocardiography. Severe and progressive wall thickening is a hallmark of the hypertrophic cardiomyopathy of Danon Disease and is a major contributor to early mortality in male patients. Cardiac output remained normal for all patients with improved or stable left heart filling pressures as measured by cardiac catheterization. Three low-dose patients and one high-dose patient demonstrated improvements in the 6-minute walk test. One low-dose patient improved from a pretreatment baseline of 443 meters to 467 m at 24 months. The second low-dose patient improved from a pretreatment baseline of 405 m to 410 m at 18 months. The third low-dose patient improved from a pretreatment baseline of 427 m to 435 m at 15 months. The high-dose patient improved from a pretreatment baseline of 436 m to 492 m at 12 months. Evidence of sustained cardiac LAMP2B gene expression by immunohistochemistry and Western blot with qualitative improvement of vacuoles and cardiac tissue architecture on electron microscopy was observed at both dose levels. Sustained cardiac LAMP2B gene expression by immunohistochemistry was observed in all three patients with a closely monitored immunosuppressive regimen. Specifically, LAMP2B gene expression by immunohistochemistry in the low-dose was 68% in one patient at Month 12 and 92% in another patient at Month 9. In one patient who received the high-dose, LAMP2B gene expression by immunohistochemistry was 100% at Month 12. As previously disclosed, one patient in the high-dose cohort underwent a heart transplant at Month 5. This patient had advanced disease including diminished LV ejection fraction on echocardiogram and markedly elevated LV filling pressure prior to treatment. His clinical course was characteristic of Danon Disease progression. Analysis of the explanted heart revealed significant fibrosis consistent with advanced Danon Disease. Myocardial tissue from the explanted heart at 5 months post-treatment displayed 100% LAMP2B protein expression by immunohistochemistry throughout non-fibrotic cardiac regions including the ventricles and other essential targeted areas.
RDHL

Hot Stocks

07:28 EST RedHill announces last patient randomized in Phase 2/3 study of RHB-107 - RedHill Biopharma announced that the last patient has been enrolled in Part A of the Phase 2/3 study with novel, once-daily, orally-administered pill RHB-107 for non-hospitalized patients with symptomatic COVID-19. The study is being conducted in the U.S. and South Africa. The Phase 2/3 study with RHB-107 is aimed at evaluating treatment in patients with symptomatic COVID-19 early in the course of the disease, with a once-daily oral treatment that can be prescribed and used in the non-hospitalized patient population. The study is a 2-part, multicenter, randomized, double-blind, placebo-controlled, parallel-group study to evaluate the safety and efficacy of RHB-107. The study is designed to evaluate time to sustained recovery from illness as the primary endpoint and for dose selection. A total of 61 patients have been enrolled in Part A and randomized on a 1:1:1 basis to receive one of two doses of upamostat or placebo. Based on safety and tolerability results of part A, a dose for part B will be selected, and patients will be randomized 3:2 to active vs. placebo. Patients are also tested for specific viral strain. Results from Part A of the study are expected in the first quarter of 2022, with Part B of the study expected to follow subsequent to discussions with regulators.
MIST

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07:27 EST Milestone Pharmaceuticals announces presentation of NODE-301 trial of etripamil - Milestone Pharmaceuticals announced new data from a post-hoc analysis of the Phase 3, randomized, double-blind, placebo-controlled NODE-301 trial of etripamil nasal spray, the company's novel investigational, short-acting calcium channel blocker, in patients with paroxysmal supraventricular tachycardia, PSVT. The analysis demonstrated that etripamil significantly decreased heart rate prior to conversion to sinus rhythm. The data were featured in a poster presentation titled, "Etripamil Nasal Spray Reduces Heart Rate in Patients with Paroxysmal Supraventricular Tachycardia Prior to Conversion to Sinus Rhythm," at the American Heart Association Scientific Sessions 2021 held November 13-15, 2021. "I would like to congratulate the study authors and thank our team, the study investigators, and the clinical site colleagues for their hard work in making this analysis possible, and would also like to extend a special thank you to the patients for supporting the etripamil development initiative," said Joseph Oliveto, President and Chief Executive Officer of Milestone Pharmaceuticals. "We remain on track to report topline data from the RAPID trial in the second half of 2022, and in parallel, continue to advance the entire etripamil development program. We are committed to elucidating the full potential of etripamil to treat symptomatic episodes of elevated HR associated with these conditions in the at-home setting." The NODE-301 trial, which enrolled a total of 431 patients across 65 sites in the U.S. and Canada, was an event-driven, Phase 3 efficacy trial of etripamil versus placebo for terminating supraventricular tachycardia, SVT, episodes in a medically-unsupervised setting. The analysis assessed the effect of etripamil on HR during the SVT episode and prior to conversion to SR, as well as the correlation of HR with patient-reported outcomes in 150 patients. Patients treated with etripamil experienced a significantly greater reduction in mean HR from baseline within 10 minutes of administration as compared to placebo-treated patients. Self-administration of intranasal etripamil rapidly and significantly decreased HR prior to conversion of SVT to SR, starting within 3 minutes and lasting up to 40 minutes after treatment. with the trend sustained over the 60-minute observation period. Patients presented non-statistically different baseline HRs in the etripamil and placebo groups.
PYXS

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07:25 EST Pyxis Oncology expects cash to fund operations into 2H24 - Pyxis has a strong cash position of approximately $283 million as of November 15, 2021 which is expected to fund operations into the second half of 2024.
VFF

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07:24 EST Village Farms acquires 70% of ROSE Lifescience - Village Farms International announced it has acquired 70% ownership of privately-held, Quebec-based, ROSE LifeScience, a branded cannabis producer, supplier and commercialization company in the Province of Quebec, effective today. The transaction is valued at up to C$46.7M. ROSE becomes the Quebec operational unit of Village Farms' Canadian cannabis business segment, with ROSE's headquarters and the existing team remaining in Quebec. Highlights of the Acquisition: Adds a presence in the Province of Quebec as a cannabis supplier, producer and commercialization company in the Province of Quebec; adds experienced, Quebec-based industry leaders who will join the Village Farms/Pure Sunfarms team; and, adds a Quebec-based, 55,000 square foot, Health Canada-licensed Controlled Environment Agriculture cultivation and processing facility, which is included in the transaction.
PTGX

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07:22 EST Protagonist Therapeutics announces results from Phase 2a study of rusfertide - Protagonist Therapeutics announced results from a Phase 2a study in which rusfertide, an investigational new drug, is being evaluated for the treatment of hereditary hemochromatosis, HH. HH is a genetic disorder arising from a deficiency or dysregulation of the natural hormone hepcidin, a condition which causes the body to absorb too much iron. The clinical data from the study were presented in an oral presentation at The Liver Meeting of the American Association for the Study of Liver Diseases. "Rusfertide has the potential to be the first-in-class drug therapy for an HH indication," said Dinesh Patel, Ph.D., President and Chief Executive Officer of Protagonist. "After polycythemia vera, this marks a second indication where rusfertide has demonstrated a positive clinical proof-of-concept, thereby signaling a broader potential utility to address unmet needs of patients in these diseases. The study results announced at AASLD will serve as an important foundation for the next steps that we will determine in consultation with key clinical investigators and regulatory agencies. Going forward, our focus will be on proving rusfertide's potential to address unmet medical needs in specific subpopulations of HH." Study Design and Summary of Results: The study was an open-label multicenter Phase 2 study in 16 patients that was designed to evaluate the safety and efficacy of rusfertide as a treatment for patients with HH. The requirement for, and frequency of, therapeutic phlebotomies, a key endpoint of the study, was statistically significant: rusfertide-treated patients had 0.009 phlebotomies per month during the study compared to 0.28 phlebotomies per month pre-study. The average TSAT during treatment with rusfertide was 31.4% compared to 45.0% pre-study and the serum iron during treatment with rusfertide was 101 mcg/dl compared to 137 mcg/dl pre-study. Eighty percent of patients who came into the study with baseline TSAT values above 45% achieved average TSAT values that were normalized during rusfertide treatment. Patients underwent MRI to measure Liver Iron Content at the beginning and end of the study. Rusfertide treatment maintained or reduced average LIC, despite fewer phlebotomies over the duration of the study. Patients reported trends of qualitative improvements in Quality of Life measures through the duration of the study. Rusfertide was well tolerated in this study population. Adverse events were generally of Grade 1 or 2 except for one report of an adenocarcinoma of the pancreas that was pre-existing and therefore considered not related to drug.
DD

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07:19 EST DuPont breaks ground on new $30M facility in East China - DuPont announced it is breaking ground on its new $30M facility which will produce a range of materials to advance applications for electrification and lightweighting in support of growing demand for its automotive adhesives. "The new facility will offer state-of-the-art process capability and quality, capacity to serve regional needs, excellent access to transportation for shipping and logistics advantages and technical support to help ensure a world-class customer experience," the company said. It will be built at the Yangtze River International Chemical Industrial Park in the Zhangjiagang Free Trade Zone and is expected to be fully operational by early 2023. "As an important milestone in DuPont's history, this investment reinforces our commitment to advance auto electrification and sustainability while strengthening our leadership in China and the Asian market," said Tina Wu, Global Vice President, Advanced Solutions for DuPont Mobility & Materials. "This new manufacturing facility will produce industry-leading innovative products to support our auto customers as they transition to electric and hybrid vehicles."
BMTX

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07:19 EST BM Technologies to merge with First Sound Bank - BM Technologies signed a definitive agreement to merge with First Sound Bank, a Seattle, Washington-based community business bank. BMTX will pay up to $7.22 in cash for each share of FSB common stock or approximately $23M in aggregate consideration. The combined company, to be named BMTX Bank, will be a fintech-based bank focused on serving customers digitally nationwide, supported by its community banking division that is expected to continue serving the greater Seattle market. The transaction is expected to close in the second half of 2022. This strategic merger is expected to be significantly accretive to the combined company's revenue, EBITDA, and earnings trajectory over the next 1-3 years, with financial, operational, and strategic benefits materializing immediately after close and growing as the business continues to scale. The combined entity will be led by Luvleen Sidhu as Chair and CEO of BMTX Bank, who will also be directly responsible for digital banking initiatives. Marty Steele will lead the combined company's community banking division and also serve as COO of BMTX Bank. First Sound Bank is a locally owned, independent community bank providing commercial and private banking services to small to medium sized businesses, not-for-profit organizations, entrepreneurs, and professional service firms throughout the Puget Sound market. FSB operates through a single office location in downtown Seattle.
SIX SAVE

Hot Stocks

07:19 EST Six Flags CEO Michael Spanos steps down, Selim Bassoul succeeds - Six Flags (SIX) announced that Selim Bassoul, formerly the non-executive chairman of the board, has been appointed CEO and president of Six Flags. Effective immediately, Bassoul will replace Michael Spanos, who has stepped down after two years of service, as CEO, president and a member of the board. Bassoul will continue to serve as a member of the board, and Ben Baldanza, an independent director of Six Flags, and former CEO of Spirit Airlines (SAVE), has been elected as the new non-executive chairman of the board.
CONE KKR

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07:16 EST CyrusOne to be acquired by KKR, GIP for $90.50 per share in cash - CyrusOne (CONE) announced a definitive agreement pursuant to which KKR (KKR) and GIP will acquire all outstanding shares of common stock of CyrusOne for $90.50 per share in an all-cash transaction valued at approximately $15B, including the assumption of debt. The $90.50 per share purchase price reflects a premium of approximately 25% to CyrusOne's unaffected closing stock price on September 27, the last full trading day prior to published market speculation regarding a potential sale of the Company. The transaction, which was unanimously approved by the CyrusOne board of directors, is not subject to a financing condition and is expected to close in the second quarter of 2022, subject to satisfaction of customary closing conditions, including regulatory approvals and approval by CyrusOne stockholders. Upon completion of the transaction, CyrusOne will be a privately held company wholly owned by KKR and GIP and CyrusOne's common stock will no longer be listed on any public market. KKR's investment is being made primarily from its global infrastructure and real estate equity strategies, and GIP's investment is being made from its global infrastructure funds.
QLI

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07:16 EST Qilian International initiates development of new drug for gastric cancer - Qilian International announced that the company recently started, through its subsidiary Gansu Qilianshan Pharmaceutical, developing a new drug, Vitacoenzyme, that aims to prevent gastric cancer. Currently, Gansu QLS is in the process of selecting and cultivating fungal strain. The Drug is expected to be on the market within three years. Vitacoenzyme is a therapeutic and nutritional compound designed to promote cell growth, improve immunity, enhance the activity of detoxification enzymes, prevent abnormal lipid metabolism, increase the decomposition rates of many carcinogens in human bodies, and promote excretion from human bodies. Vitacoenzyme has also shown some positive effect on interfering and blocking carcinogenesis and preventing cancer in the upper gastrointestinal tract. At present, Vitacoenzyme is primarily used for treatment of chronic gastritis, atrophic gastritis, superficial gastritis, esophagitis, esophageal epithelial cell hyperplasia, prevention of cancer due to cell hyperplasia, as well as the adjuvant treatment of various types of hepatitis and the treatment of riboflavin deficiency and other diseases with remarkable clinical efficacy. Zhanchang Xin, Chairman of the Board of Directors and CEO of the Company, commented, "The development of this Drug is based on our observation that we believe the future market trend for it is upward with tremendous demand potential. Thus, we will spare no effort to conduct research and development on this Drug to meet its market demand in the future and further serve the public health. More importantly, we expect that after the launch of this Drug, it could significantly contribute to the improvement of our production capacity and performance in the future."
CNTA

Hot Stocks

07:16 EST Centessa expects cash to fund operations into mid-2024 - Cash and cash equivalents were $578.8 million as of September 30, 2021, compared to $613.8 million as of June 30, 2021, a reduction of $35 million. On a pro forma basis as of September 30, 2021, cash and cash equivalents were $653.4 million, inclusive of the net proceeds of $74.6 million from the first tranche received under the Oberland Agreement on October 4, 2021. Based on the current, non-risk-adjusted operating plan, the Company expects the cash and cash equivalents as of September 30, 2021, plus the net proceeds of the first tranche, supplemented by the additional funds available under the Oberland Agreement, if drawn, to fund its operations into mid-2024.
AMPY

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07:14 EST Amplify Energy rescinds 2021 guidance due to Southern California oil spill - On October 2, 2021, contractors operating under the direction of Beta Operating Company, a subsidiary of Amplify, observed an oil sheen on the water approximately four miles off the coast of Newport Beach, California. Beta platform personnel were notified and promptly initiated the Company's Oil Spill Response Plan, which was reviewed and approved by the Bureau of Safety and Environmental Enforcement's Oil Spill Preparedness Division within the United States Department of the Interior, and which included the required notifications of specified regulatory agencies. On October 3, 2021, a Unified Command, consisting of the Company, the U.S. Coast Guard and California Department of Fish and Wildlife's Office of Spill Prevention and Response, was established to respond to the Incident. The Company is and has been fully committed to working cooperatively within the Unified Command and with all relevant agencies to respond to the Incident and supporting all associated ongoing investigations. On October 5, 2021, the Unified Command announced that reports from its contracted commercial divers and Remotely Operated Vehicle footage indicated that a 4,000-foot section of the Company's pipeline had been displaced with a maximum lateral movement of approximately 105 feet and that the pipeline had a 13-inch split, running parallel to the pipe. On October 14, 2021, the U.S. Coast Guard announced that it had a high degree of confidence the size of the release was approximately 588 barrels of oil, which is below the previously reported maximum estimate of 3,134 barrels. On October 16, 2021, the U.S. Coast Guard announced that it had identified the Mediterranean Shipping Company (DANIT) as a "vessel of interest" in connection with an anchor-dragging incident, which occurred in close proximity to the Company's pipeline, and that additional vessels of interest continue to be investigated. The cause, timing and details regarding the Incident are currently under investigation and any information regarding the Incident is preliminary. Following the Incident, the Company deployed contractors so that at the height of the Incident response there were over 1,800 personnel working under the guidance and at the direction of the Unified Command to aid in cleanup operations. As of October 14, 2021, all beaches that had been closed following the Incident have reopened. On October 15, 2021, the Unified Command announced that reports from trained oil observers and beach cleanup contractors working for the Unified Command showed significant progress in cleanup operations. On October 18, 2021, the Unified Command stated that segments of beach are recommended for no further clean-up activities. While the Unified Command has significantly reduced the number of personnel conducting remediation activities from the height of the effort, remediation efforts remain ongoing at November 15, 2021. The Company carries customary industry insurance policies, including loss of production income insurance, which it expects will cover a material portion of the total aggregate costs associated with the Incident, including loss of revenue resulting from suspended operations. However, the Company can provide no assurance that its coverage will adequately protect it against liability from all potential consequences, damages and losses related to the Incident. In response to the Incident, all operations have been suspended and the pipeline has been shut-in until the Company receives the required regulatory approvals to begin operations. At present, given that the pipeline to shore is not operational, no operations are underway in the Beta field.
VLRS...

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07:14 EST Volaris signs new purchase order for 39 A321neo aircraft - Volaris (VLRS) reports that it signed a new purchase order with Airbus for 39 A321neo aircraft. This order is part of the agreement to purchase 255 aircraft carried out jointly by the airlines Wizz Air (WZZZY), Frontier (ULCC), JetSMART, and Volaris, announced yesterday by Indigo Partners and Airbus (EADSY). In addition to the acquisition of these 39 aircraft, Volaris negotiated with Airbus 20 conversions from A320neo to A321neo aircraft of its current order.
DT AKAM

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07:14 EST Dynatrace CEO John Van Siclen to retire, Rick McConnell to succeed - Dynatrace (DT) and its board of directors announced that its CEO and director, John Van Siclen, plans to retire effective December 13. Rick McConnell, currently president and GM, Security Technology Group at Akamai Technologies (AKAM), has been appointed as the company's new CEO and director, effective December 13. Van Siclen will remain as a consultant to the company through May 31, 2022 to facilitate the CEO transition. Van Siclen has led Dynatrace since 2008.
LOGC

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07:11 EST LogicBio Therapeutics expects cash to fund operations into Q4 of 2022 - The company had $59.6M in cash and cash equivalents as of September 30, 2021.
GMDA

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07:09 EST Gamida Cell reports Q3 EPS ($1.18), consensus (48c) - "We are committed to advance our programs and bring our important potential therapies to patients as quickly as possible. We are working diligently to respond to the FDA's information requests for omidubicel and GDA-201, and now expect to submit the BLA for omidubicel to the FDA in the first half of 2022 and we hope to promptly address outstanding issues regarding our IND application relating to GDA-201." said Julian Adams, chief executive officer of Gamida Cell. "Additionally, at our recent NK-focused R&D Day, we provided details on our genetically modified NK cell immunotherapy programs leveraging CAR- and CRISPR-mediated strategies against hematologic malignancies and solid tumors. The company remains focused on our goal of bringing patients with cancer potentially curative cell therapies."
ZYNE

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07:08 EST Zynerba expects cash to fund requirements well into 1H24 - As of September 30, 2021, cash and cash equivalents were $75.6 million, compared to $59.2 million as of December 31, 2020. Management believes that the Company's cash and cash equivalents as of September 30, 2021 are sufficient to fund operations and capital requirements well into the first half of 2024.
LHX

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07:07 EST L3Harris Technologies receives $125M multi-year contract - L3Harris Technologies received a $125M multi-year contract to produce space electronic warfare systems that safeguard U.S. military operations and warfighters. Under the Meadowlands production program, L3Harris will upgrade 16 Block 10.2 versions of Counter-Communications Systems, or CCS, operating in Peterson Space Force Base, Colorado, Vandenburg Space Force Base, California, Cape Canaveral Space Force Station, Florida, and multiple international locations.
THRX

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07:05 EST Theseus Pharmaceuticals expects cash to fund operations into H2 of 2024 - As of September 30, 2021, Theseus had cash and cash equivalents of $90.4M
TIL

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07:05 EST Instil Bio expects cash to fund operating plan into 2023 - As of September 30, 2021, we had $20.4 million in cash and cash equivalents and $495.0 million in marketable securities, compared to $241.7 million in cash and cash equivalents and no investments in marketable securities as of December 31, 2020. The Company expects that its cash, cash equivalents and marketable securities as of September 30, 2021 will enable it to fund its operating plan into 2023.
AMT COR

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07:05 EST American Tower to acquire CoreSite Realty for $170.00 per share in cash - American Tower (AMT) and CoreSite Realty (COR) announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170.00 per share in cash. The total consideration for the transaction, including the assumption and/or repayment of CoreSite's existing debt at closing, is approximately $10.1B. CoreSite, which as of Q3 consisted of 25 data centers, 21 cloud on-ramps and over 32,000 interconnections in eight major U.S. markets, generated annualized revenue and Adjusted EBITDA of $655M and $343M, respectively, in Q3. The transaction is anticipated to be modestly accretive to American Tower's AFFO per share initially, and increasingly accretive over time, and is expected to close by the end of 2021, or shortly thereafter. Under the terms of the definitive agreement, American Tower, through a wholly owned subsidiary, will commence a tender offer for all of the shares of common stock of CoreSite, which will be followed by a merger to acquire any untendered shares for the same price payable in the tender offer. The tender offer is subject to the tender of at least a majority of the outstanding shares of common stock of CoreSite and certain other customary conditions. CoreSite plans to declare and pay its fourth quarter dividend during the fourth quarter of 2021 and no later than the close of the transaction. American Tower intends to finance the transaction in a manner consistent with maintaining its investment grade credit rating and has obtained committed financing.
ACM

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07:03 EST Aecom launches Digital AECOM - AECOM announced the launch of Digital AECOM, which combines the Company's global digital-focused consulting services, hosted services products to help clients accelerate their digital journeys and achieve better project outcomes, and digital tools to enhance its delivery of core engineering and design services. The branded offer leverages the strengths of the firm's more than 2,000 integrated digital practitioners globally and proven AECOM technology to connect data, projects, and communities.Core Elements of Digital AECOM's Offering: Digital Consulting Services: Digital AECOM's consulting services are delivered by subject matter experts across all regions and markets. These services are focused on assisting asset owner clients make their own digital transformation as they seek to unlock productivity improvements and innovation in their businesses. AECOM's industry-leading knowledge shaped by rich asset management and technical expertise provides a unique and independent perspective of the technology choices facing clients and industry. The Company offers consulting services across four key pillars: digital strategy, digital design and operations, data analytics and artificial intelligence, and digital solutions delivery. Digital Products:: Following several years of investment and successful prototyping, Digital AECOM is launching the first of its global software solutions to market that will augment and reimagine the Company's core design and infrastructure services. Today's launch includes PlanEngageTM, a unique digital tool that streamlines the planning stakeholder engagement process by improving public participation and understanding of the planning process, and PlanSpendTM, which serves as a capital planning platform that helps clients prioritize and manage their most important projects.
PLTR

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07:02 EST Palantir and BigBear.ai enter strategic partnership for AI-powered products - Palantir Technologies and BigBear.ai, a provider of artificial intelligence, machine learning, big data analytics, and cyber solutions, have entered into a commercial partnership under which BigBear.ai's and Palantir's products will be integrated to extend the operating system for enterprises with data and AI that provide advice and other actionable insights for complex business decisions. Palantir's Foundry platform will be integrated with BigBear.ai's Observe, Orient and Dominate products to provide global data collection, generate actionable insights and deliver anticipatory intelligence at enterprise scale to address high-growth federal and commercial verticals including space, retail, logistics and energy. The parties also will explore taking joint products to market.
AKAM

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07:00 EST Akamai CIO Mani Sundaram to switch roles, Kate Prouty to succeed - Akamai announced that Mani Sundaram, currently Akamai's EVP and chief information officer, or CIO, has been named EVP and general manager of the Security Technology Group, and that Kate Prouty is being promoted to CIO. These changes are effective December 13. Rick McConnell, Akamai's president and current general manager for STG, will be leaving Akamai to become CEO of a public company after transitioning responsibilities to Sundaram.
ASXC

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06:59 EST Asensus Surgical's Senhance Surgical System adopted by Louisiana medical center - Asensus Surgical announced the Franklin Medical Center in Winnsboro, Louisiana has entered into an agreement to lease and utilize a Senhance Surgical System. Asensus Surgical's technology platform, Senhance Surgical System, is the first of its kind digital laparoscopic platform that leverages augmented intelligence through machine learning. Senhance offers 3 mm instruments, the smallest instrument available in the world on a robotic surgical platform.
KNTNF

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06:55 EST K92 Mining sees 2021 production 96,000-102,000 oz AuEq - Challenges related to COVID-19 were significantly greater than expected, with COVID-19 mitigation measures directly increasing cash costs of $60 to 80 per ounce and $70 to $90 per ounce gold attributable. COVID-19 also had a notable impact on production, particularly due to staff shortages from increased quarantine requirements and absenteeism. As a result, 2021 guidance is now production of 96,000 and 102,000 oz AuEq, cash costs between $670 and $720 per ounce gold, All-in Sustaining Costs between $920 and $970 per ounce gold, growth capital of $20-25 million and exploration expenditures of $10-13 million. For 2022, we see multiple positive outcomes from recent developments, including: easing of expatriate travel as COVID-19 restrictions are progressively relaxed; COVID-19 vaccination roll-out ramping up on site; entirely new mining front commencing production at Judd Vein System; Stage 2 Expansion plant throughput achieved, with Stage 2A Expansion approved to increase throughput +25%, and; significant focus on resource growth initiatives with Kora infill program for the definitive feasibility study resource estimate completed in Q4 2021.
PNM

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06:53 EST NMRC hearing examiner recommends PNM Resources subsidiary abandonment - On Friday, a Hearing Examiner of the New Mexico Public Regulation Commission, or NMPRC, issued a recommendation for PNM Resources (PNM) wholly-owned subsidiary Public Service Company of New Mexico's application for the abandonment and securitization of its minority ownership of the coal-fired Four Corners Power Plant. If adopted by the NMPRC, the recommendation approves PNM's application for abandonment of its interest in the plant in 2024 and recovery of undepreciated amounts through securitization. This is consistent with the Energy Transition Act, New Mexico's landmark energy policy to transition the state to clean energy while protecting the interest of customers and impacted communities. If approved by the NMPRC, this recommendation allows the company an early exit from the Four Corners Power Plant to no longer serve customers with coal-fired power, implement seasonal operations in Fall of 2023 reducing annual emissions by an estimated 20%-25%, replace the power with cleaner energy resources, securitize the remaining balance of the plant with lower financing rates and provide economic development funds to the impacted region, resulting in a net customer savings of up to $300M. The Hearing Examiner also recommended that the NMPRC conditionally approve the sale and transfer of PNM's minority interest in the plant to Navajo Transitional Energy Company, or NTEC, with modifications to the contract language, and to maintain the NMPRC's authority to review the prudence of amounts to be securitized in PNM's next general rate case. Following an opportunity for PNM and other parties to file any objections to the recommended decision, the NMPRC will review the case and recommended outcome in the coming weeks, with a decision required by the Energy Transition Act by December 15.
DSGX

Hot Stocks

06:49 EST Descartes Systems says Audio-Technica using foreign trade zone solution - Descartes Systems Group announced that Audio-Technica is using Descartes' foreign trade zone solution to accelerate customs clearance, reduce the costs associated with filing customs entries, and eliminate duties on exports from the U.S.
BAH

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06:48 EST Booz Allen spins out SnapAttack to standalone company - Booz Allen Hamilton announced it has completed a transaction to transfer all assets related to SnapAttack to a new cyber threat hunting and detection company. Financial terms were not disclosed. The company said, "The entity includes a dedicated technical team and the SnapAttack product, a unique technical solution that enables community collaboration around threat intelligence, attack emulation, and detection analytics to help organizations identify potential vulnerabilities and risks, and strengthen systems before threat actors attempt similar techniques to their IT infrastructure. SnapAttack was developed and launched publicly by Booz Allen DarkLabsan elite team of security researchers, threat hunters, penetration testers, reverse engineers, network analysts, and data scientists, dedicated to stopping cyber attacks before they occur-based on years of experience in commercial and nation-state-level cyber operations in cyber defense, data analytics, threat hunting, and cyber offense (red teaming). As one of the world's largest cybersecurity solution providers, Booz Allen's technical talent develops products like SnapAttack by leveraging advanced and emerging technologies alongside decades of working with clients to defeat advanced cyber threats." The SnapAttack product development team will continue to be led by Chief Technology Officer Fred Frey and Chief Product Officer Tim Nary, SnapAttack's original developers. Under their leadership, SnapAttack will continue to focus on keeping government and commercial clients ahead of advanced cyber threats. Booz Allen is maintaining a significant minority stake in the new company as well as a strategic partnership agreement to continue collaboration. Booz Allen will be the primary channel partner for SnapAttack to its federal client base, and this collaboration will provide clients with scalable, enhanced access to SnapAttack along with continued access to the firm's best-in-class capabilities, technology, and services. Additional investors include Volition Capital and Strategic Cyber Ventures.
DRIO

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06:42 EST DarioHealth appoints Jerrod Helms to chief commercial officer - DarioHealth announced that the company appointed Jerrod Helms to the newly created role of chief commercial officer, or CCO, to support the rapid expansion of business in the employer, payer, provider and partnership markets that the company has seen over the last quarter and the anticipated acceleration into 2022. Helms will report to Rick Anderson, president and GM North America. Helms brings a wealth of sales leadership experience in the business-to-business health care markets, with a successful track record of selling to employers and health plans. In his role as CCO, Jerrod will be responsible for all Dario sales channels and partnerships. He joins Dario after most recently serving as head of sales at the combined entity of Ginger and Headspace.
NICE

Hot Stocks

06:41 EST NICE Actimize launches IFM-X Dark Web Intelligence solution - NICE Actimize announced its IFM-X Dark Web Intelligence solution. Deploying comprehensive, multi-language coverage of the Dark and Deep Web, malware networks, private messaging platforms, and underground fraudster infrastructure and communities, the solution helps FSOs resolve the pervasive challenges they face in detecting dynamic fraud and account takeover threats.
MTLS

Hot Stocks

06:40 EST Materialise exercises option to acquire Link3D for $33.5M - Materialise has agreed to exercise its option to acquire Link3D Inc., an additive workflow and digital manufacturing software company that supports customers in major manufacturing industries to scale and integrate their AM operations across complex supply chains and IT environments. The transaction, which is subject to conditions that are typical for this type of transaction, is expected to close by the end of the year. Materialise will acquire 100% of the Link3D equity interests for $33.5M. The company said, "Building on the success of its existing additive manufacturing software suite, Materialise has outlined an ambitious cloud-based platform strategy. The Materialise software platform will offer companies cloud-based access to a continuously growing set of digital tools, enabling users to personalize and manage their 3D printing processes and streamline their workflows. The acquisition of Link3D will strengthen and accelerate the creation of the Materialise software platform, particularly for companies that are scaling up their additive manufacturing operations to volume production. By integrating Link3D's additive MES solution with the Materialise Magics software suite into a unified, cloud-based software platform, manufacturers will be able to run and continuously improve the most efficient, repeatable, automated and controlled processes to mass-produce identical or customized products. This process extends beyond the actual 3D printing operations and creates a closer alignment between 3D printing and conventional manufacturing, signaling the removal of the wall between both production environments."
RGS

Hot Stocks

06:39 EST Regis appoints David Grissen as Chairman of the Board - Regis announced that David Grissen has been unanimously elected as Chairman of the Regis Board of Directors. Grissen is the former Group President, Marriott International. He served in that role and other leadership roles at Marriott for over 30 years. Daniel Beltzman tendered his resignation from the Board effective November 14.
ACRE

Hot Stocks

06:38 EST Ares Commercial adds borrowing capacity to support further growth - Ares Commercial Real Estate Corporation announced that it has entered into an agreement to increase its existing Term Loan from $60M to $150less than, reduce the all-in pricing from LIBOR plus 5.75% to an initial fixed rate of 4.50% and extend the initial maturity to November 2026. In addition, the Company announced that it increased the size of its secured revolving facility with City National Bank from $50M to $75M. Collectively, the Term Loan and the CNB Facility will be used to fund new loan originations, increase the investment portfolio, and for other working capital and general corporate purposes.
ETON

Hot Stocks

06:37 EST Eton Pharmaceuticals signs co-promotion agreement for Alkindi Sprinkle - Eton Pharmaceuticals has entered into a multi-year agreement with Tolmar Pharmaceuticals to co-promote Alkindi Sprinkle. Eton will leverage Tolmar's 62-person sales force and their existing relationships in the pediatric endocrinology specialty. Tolmar currently promotes Fensolvi for injectable suspension, indicated for pediatric patients 2 years of age and older with Central Precocious Puberty or CPP. Tolmar's pediatric endocrinology sales force currently promotes the specialty drug Fensolvi for CPP, a rare disease that impacts roughly one in 5,000-10,000 children in the U.S. Tolmar's sales force will promote Alkindi Sprinkler to their pediatric endocrinology targets alongside Fensolvi. Tolmar will receive a royalty on net sales growth above Alkindi Sprinkler's current baseline sales. Eton's sales force will continue to promote the product and Eton will maintain responsibility for all non-sales force related commercial activities. The companies expect Tolmar's sales force to start promoting Alkindi Sprinkler in Decembe
TT

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06:34 EST Trane named to the S&P Dow Jones Sustainability North America Index - Trane Technologies has been named to the S&P Dow Jones Sustainability North America Index for the eleventh consecutive year and also this year appears on the World Index. The company performed in the 95th percentile in the Capital Goods industry in the S&P Global Corporate Sustainability Assessment
CCMP

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06:34 EST CMC Materials CFO resigns, Jeanette Press named Interim CFO - CMC Materials' Vice President and CFO Scott Beamer has resigned. Current Principal Accounting Officer and Controller Jeanette Press has been appointed by the company's Board of Directors to serve as Interim CFO, effective immediately, while the company undertakes a search for a permanent successor. Beamer's departure is not related to any disagreement with the company over its accounting principles or practices, or financial statement disclosures.
ADGI

Hot Stocks

06:33 EST Adagio Therapeutics expects cash to support operating plans into 2023 - As of September 30, 2021, Adagio had cash, cash equivalents and marketable securities of $666.3 million, which are expected to support the company's current operating plans into 2023.
BA

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06:29 EST Boeing, Etihad Airways to expand collaboration through new MOU - Boeing and Etihad Airways announced they will expand the companies' collaboration towards environmental goals. Centered on the airline's 787 Dreamliner fleet, the new memorandum of understanding, or MOU, furthers Boeing and Etihad's mutual commitment to develop sustainable flight operations across Etihad's global network. The new agreement will focus on enhancing the efficiency of navigation and flight operations, airframe technologies and sustainable practices to reduce Etihad's fuel use and emissions. In addition, company leaders said their partnership provides an opportunity to validate concepts that could be scaled up to benefit the broader aviation industry. Etihad is the largest 787 operator in the Middle East. The agreement also includes collaboration to develop tools for flight planning, arrival and departure procedures, en-route flight optimization and community noise reduction.
PHGE

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06:16 EST BiomX sees cash runway to 1H24 - Cash balance and short-term deposits as of September 30, 2021, were $68.3 million, compared to $57.1 million as of December 31, 2020. The increase was primarily due to net cash provided by financing activities partially offset with net cash used in operating activities. During the third quarter, the Company completed a $15 million registered direct equity financing and debt financing agreement of up to $30 million. Based upon the BiomX's new strategic focus on its cystic fibrosis and atopic dermatitis programs, the Company now expects its existing cash, cash equivalents and short-term deposits to be sufficient to fund the Company's current operating plan until the end of 2023. Additional tranches that will become available to the Company under its venture debt facility upon satisfaction of certain specified milestones can further extend the Company's cash runway to the first half of 2024.
DOCRF

Hot Stocks

06:15 EST CloudMD acquiring MindBeacon - CloudMD and MindBeacon have entered into a definitive arrangement agreement under which CloudMD will acquire all of MindBeacon's issued and outstanding common shares for a combination of cash and shares valued at approximately $116M. Each common share of MindBeacon will be exchanged for $1.22 of cash and 2.285 common shares of CloudMD. The implied offer price of $4.78 and premium of 49% is based on the 7-day volume weighted average price of the common shares of MindBeacon as of November 12. MindBeacon is a digital mental healthcare platform that provides a continuum of care, focusing on iCBT, a therapy provided through a computer or a mobile device. MindBeacon has relationships across a spectrum of B2C and B2B distribution channels. The addition of MindBeacon to CloudMD is expected to be immediately synergistic. MindBeacon's mental health services will be integrated into CloudMD's Comprehensive Integrated Health Services Platform. CloudMD expected to have an annualized revenue run rate of $185M and gross margin of approximately 35%. Identified immediate cost synergies exceeding $2M. The total transaction consideration is comprised of approximately $29.5M in cash and 55.5 million common shares of CloudMD. The implied purchase price is approximately $116M or $4.78 per share. On completion, shareholders of MindBeacon will hold approximately 18.8% of pro forma CloudMD. The transaction has been unanimously approved by the Boards of Directors of both companies.
FREY

Hot Stocks

06:13 EST Freyr Battery announces strategic mandates, milestones for next 18 months - FREYR is focused on advancing the following strategic mandates and milestones over the next 18 months: Grow conditional offtake commitments and pipeline of commercial opportunities across all market segments to support further capacity expansion. Proceed to FID on combined Gigafactories 1 and 2 at Mo I Rana in 1H 2022 and commence operations at FREYR's Customer Qualification Plant in 2H 2022. Accelerate additional Gigafactory developments in Norway, the U.S. and Finland to concept selection and eventual FIDs. Formalize further agreements with supply chain partners to advance operational and commercial progress and support decarbonisation of supply chain Accelerate evaluation of debt capital solutions to fund FREYR's strategic expansion of Gigafactories 1 and 2
RDS.A RDS.B

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06:12 EST Royal Dutch Shell proposes to change name to Shell plc, move HQ to Britain - The Board of Royal Dutch Shell announced a proposal to simplify the company's share structure to increase the speed and flexibility of capital and portfolio actions. The simplification is designed to strengthen Shell's competitiveness and accelerate both shareholder distributions and the delivery of its strategy to become a net-zero emissions business, the company said in a statement. Under the proposal announced today, Shell intends to change its share structure to establish a single line of shares, which is simpler for investors to understand and value. The company will also align its tax residence with its country of incorporation in the UK. Following the simplification, shareholders will continue to hold the same legal, ownership, voting and capital distribution rights in Shell. Shares will continue to be listed in Amsterdam, London and New York, with FTSE UK index inclusion. The company added that "Carrying the Royal designation has been a source of immense pride and honour for Shell for more than 130 years. However, the company anticipates it will no longer meet the conditions for using the designation following the proposed change. Therefore, subject to shareholder approval of the resolution, the Board expects to change the company's name from Royal Dutch Shell plc to Shell plc." Reference Link
GDS

Hot Stocks

06:10 EST GDS Holdings acquires land in Indonesia for data center development - GDS Holdings announced that it has entered into a definitive agreement to acquire greenfield land in Nongsa Digital Park, located in Batam, Indonesia, approximately 25 kms from Singapore. GDS plans to construct two new data center buildings on the site, comprising a total net floor area of approximately 10,000 sqm and 28 MW of total IT power capacity. GDS expects to secure a supply of renewable energy to support the data center site. The Indonesian Government has deemed Nongsa Digital Park a Special Economic Zone and Indonesia President Joko Widodo described it as the country's "digital bridge" to the rest of the world. The Company's development in Nongsa Digital Park will complement its existing project in Nusajaya Tech Park, Johor Bahru, Malaysia forming a strong core for its "Singapore Plus" strategy in the region. The Company has recently entered into a strategic cooperation agreement with a major Chinese cloud service provider to support its international expansion, pursuant to which GDS will be prioritized as its data center provider in the region. The strategic cooperation extends the mutual trust between GDS and the customer from China to Southeast Asia, providing strong impetus for the success of the Company's regional strategy.
ADM

Hot Stocks

06:09 EST Archer Daniels forming Joint Venture in Singapore for alternative protein - Archer Daniels and Asia Sustainable Foods Platform, a company wholly-owned by Temasek and focused on accelerating the commercialization of sustainable foods in Asia, have signed an agreement toward a 50-50 joint venture to provide technology development and precision fermentation for companies serving the demand for a variety of bio-based products, including alternative protein, in Singapore and the wider Asia-Pacific region. The proposed joint venture would have the capability to assist customers, from bench to pilot scale, and would specialize in the development of microbial-based proteins to create alternatives to meat and dairy proteins and other in-demand food and beverage solutions. The proposed joint venture would be supported by the Singapore Economic Development Board.
IMRN

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06:08 EST Immuron says USU expects enrollment data of April 2022 Travelers' Diarrhea study - Immuron is pleased to provide shareholders and the market with an update on the planned clinical trial program to evaluate the efficacy of Travelan and two other non-antibiotic OTC products in Travelers' Diarrhea sponsored by the Uniformed Services University of the Health Sciences. USU have initiated the manufacturing campaign to produce the first batches of investigational medical products in November 2021 to support the planned clinical trial program to evaluate the efficacy of Travelan and two other dietary supplement products in Travelers' Diarrhea. USU are anticipating an enrollment start date of April 2022 for the planned clinical trial and are hoping to complete enrollment in approximately 18 months. USU's Infectious Diseases Clinical Research Program, the UK Ministry of Defense and the New York City Travel Clinic are jointly planning to conduct the randomized clinical trial to evaluate the efficacy of three nutraceutical products for TD and inform strategies for Defense Force Health Protection. The P4TD study is a randomized, double-blind, placebo controlled multicenter clinical trial designed to evaluate the effectiveness of 3 commercially available nutraceuticals: A prebiotic, a probiotic and IMM-124E passive immunoprophylaxis verses a placebo, for prophylaxis during deployment or travel to a high-TD risk region. All study participants will be randomized to one of the three active products or placebo.
AEM KL

Hot Stocks

06:07 EST Agnico Eagle receives Glass Lewis recommendation for Kirkland Lake Gold merger - Agnico Eagle (AEM) announced that Glass Lewis has recommended that Agnico Eagle shareholders vote for the matters to be voted on at the special meetings of shareholders in connection with the previously announced merger of equals with Kirkland Lake Gold (KL). With this positive recommendation, Agnico Eagle and Kirkland Lake Gold have now received positive voting recommendations with respect to the merger from Glass Lewis and Institutional Shareholder Services, the two leading independent proxy advisory firms that provide voting recommendations to institutional investors.
KL AEM

Hot Stocks

06:06 EST Kirkland Lake Gold's merger with Agnico Eagle recommended by Glass Lewis - Kirkland Lake Gold (KL) announced that Glass, Lewis has become the second independent proxy advisory firm to recommend that the company's shareholders vote for the merger of equals with Agnico Eagle Mines (AEM) by way of a plan of arrangement. Glass Lewis' endorsement follows a favourable report from ISS. On September 28, Kirkland Lake Gold and Agnico Eagle entered into a merger agreement pursuant to which Agnico Eagle will acquire all of the issued and outstanding common shares of Kirkland Lake Gold on the basis of 0.7935 of an Agnico Eagle common share for each Kirkland Lake Gold common share held. Upon completion, existing Kirkland Lake Gold and Agnico Eagle shareholders are expected to own approximately 46% and 54% of the outstanding shares of the pro forma company, respectively. Glass Lewis noted:"Taken collectively, then, we believe there is adequate cause for investors to conclude the proposed arrangement is a strategically compelling merger of equals resulting from a lengthy and considered review yielding scrip-for-scrip terms reasonably reflective of the relative performance, resources and market value of the two firms involved." Kirkland Lake Gold's special meeting of shareholders in connection with the arrangement will be held online on November 26. Kirkland Lake Gold shareholders of record as of the close of business on October 13, 2021 will be eligible to vote at the Meeting.
ACRX

Hot Stocks

06:03 EST AcelRx to acquire Lowell Therapeutics for $32.5M - AcelRx announced the execution of a definitive merger agreement to acquire Lowell Therapeutics, a privately held company. The agreement to acquire Lowell in a transaction valued at approximately $32.5M plus net cash acquired and certain other adjustments, includes approximately $26M of contingent consideration payable in cash or stock at AcelRx's option, upon the achievement of regulatory and sales-based milestones. The merger consideration payable upon the closing is payable in shares of AcelRx common stock, or at the option of certain Lowell stockholders, in cash acquired from Lowell of up to $3.5M to such stockholders. An amount of shares of AcelRx common stock valued at approximately $6.5M is expected to be issued to Lowell securityholders at the closing. If those certain stockholders do not elect to receive cash, the amount of shares of common stock issued by AcelRx will be greater. The transaction was unanimously approved by the AcelRx and Lowell boards of directors and is expected to close in Q4, subject to certain closing conditions, including Lowell stockholder approval. Certain of Lowell's stockholders, representing a majority of the outstanding shares of capital stock of Lowell, have signed agreements to vote in favor of the transaction, subject to certain conditions.
CSU SNDA

Hot Stocks

05:53 EST Capital Senior Living changes name to Sonida Senior Living, switches symbol - Capital Senior Living (CSU) announced that it has officially changed its name to Sonida Senior Living. The Company's common stock will continue trading on the New York Stock Exchange under its new ticker symbol (SNDA). The company timed the name change to coincide with the recently closed investment from Conversant Capital that raised a total of $154.8M, including aggregate gross proceeds of approximately $34M from the common stock rights offering.
BA

Hot Stocks

05:46 EST Boeing, emirates announce order for two 777 Freighters - Boeing and Emirates announced an order for two 777 Freighters at the 2021 Dubai Airshow at a time of significant global demand for air freight. The freighters will be operated by Emirates SkyCargo, which currently operates an all-Boeing fleet of 10 777 Freighters and also carries cargo on Emirates' 134 777 passenger airplanes. Valued at more than $704M at list prices, the orders were previously attributed to an unidentified customer on Boeing's Orders and Deliveries website.
BA

Hot Stocks

05:44 EST Boeing announces DHL order for nine more 767-300s - DHL Express and Boeing announced that the logistics company placed a firm order for nine more 767-300 Boeing Converted Freighters, or BCF. Representing their largest single 767-300BCF order to date, the additional freighters will help expand DHL's long-haul intercontinental fleet in response to increased global demand for cargo capacity. DHL has taken delivery of seven of a batch of eight 767-300BCF, that have been leased to DHL partner airlines in the Middle East and Latin America to support its expanding regional networks.
IBM AMZN

Hot Stocks

05:42 EST IBM, Amazon Web Services partner to aid energy transition - IBM (IBM) and Amazon Web Services, an Amazon (AMZN) company, announced the two companies will combine the benefits of IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy customers. This solution is built on Red Hat OpenShift and will run on the AWS Cloud, simplifying the ability for customers to run workloads in the AWS cloud and on-premises. The two companies also intend to collaborate on further co-development of future functionality to provide greater flexibility and choice on where to run OSDU applications.
NCTY

Hot Stocks

05:39 EST The9 NFT platform signs exclusive license agreement with Christian McCaffrey - The9 announced that its new NFT community and trading platform NFTSTAR has signed an exclusive license agreement with the American Football star, Christian McCaffrey. NFTSTAR will exclusively develop, sell and trade NFT collections created and developed with McCaffrey. McCaffrey will work with NFTSTAR's creative team and artists to develop digital collections including video, animation and other digital artworks, which will creatively capture the highlights of McCaffrey's professional career and growth.
ADXN JNJ

Hot Stocks

05:37 EST Addex Therapeutics announces Janssen completes Phase 1 studies of ADX71149 - Addex Therapeutics (ADXN) announced that Janssen Pharmaceuticals, part of Johnson & Johnson (JNJ), has successfully completed Phase 1 studies in Japan with ADX71149. ADX71149 is a selective metabotropic glutamate type 2 receptor positive allosteric modulator. The successful completion of this Phase 1 safety program will enable centers in Japan to be included in a potential global development of ADX71149 for the treatment of epilepsy. Under the research collaboration and license agreement, Addex granted Janssen Pharmaceuticals an exclusive worldwide license to develop and commercialize mGlu2 PAM compounds. Addex is eligible for up to a total of EUR 109M in success-based development and regulatory milestone payments. In addition, Addex is eligible for low double-digit royalties on net sales of compounds developed under the agreement.
ALV

Hot Stocks

05:32 EST Autoliv, SSAB collaborate to produce fossil-free steel components - Autoliv and global steel company SSAB, have initiated a collaboration to research and develop fossil-free steel components for automotive safety products, such as airbags and seatbelts. A new process aims to replace coking coal, traditionally needed for ore-based steelmaking, with hydrogen. The result will be unique: the world's first fossil-free steelmaking technology, with no carbon footprint.
ESLT

Hot Stocks

05:30 EST Elbit Systems awarded $106M contract to supply Sigma howitzer gun systems - Elbit Systems announced that it was awarded a contract valued at approximately $106M to supply Sigma fully automatic self-propelled howitzer gun systems to a country in Asia-Pacific. The contract will be fulfilled over a five-year period. Sigma is a 155mm/52 calibre self-propelled howitzer capable of automatic loading and laying of the gun system, rapid in-and-out action times and high rate of fire. It offers a protected cabin for a crew of three. Depending on the mission, Sigma is capable of automatically selecting and loading the required projectile, propellant and fuze and laying the gun to optimally engage targets.
AMZN

Hot Stocks

05:27 EST Amazon announces black Friday deals to be available on November 25 - Amazon announced that more Black Friday deals than ever before will be available starting on Thursday, November 25. Customers will be able to shop deals with discounts on products and items, including new gadgets and electronics from Samsung; toys and baby essentials from Mattel and Cybex gb Pockit; home and kitchen items from Instant Pot; seasonal fashion finds, including rag & bone from Shopbop; and beauty favorites from Sunday Riley, OPI, Color Wow, and many more. In addition, customers can find thousands of deals from Amazon's independent selling partners, most of which are small and medium-sized businesses, throughout Amazon's 48-hour Black Friday event, including deals from women-owned, military family-owned, and Black-owned businesses.
SRAD

Hot Stocks

05:24 EST Sportradar Integrity Services, IHF enter multi-year agreement - The International Handball Federation, or IHF, and Sportradar Integrity Services have entered a multi-year agreement for the monitoring of global handball events. Sportradar Integrity Services is a unit of Sportradar. Under the agreement, Sportradar Integrity Services will draw upon its experience and expertise to provide bet monitoring via its Universal Fraud Detection System for IHF events, including both the men's and women's World, Junior and Youth World Championships, as well as the IHF Super Globe.
RERE

Hot Stocks

05:22 EST AiHuiShou changes name to ATRenew - ATRenew announced that it has changed its name from "AiHuiShou International" to "ATRenew" effective immediately. The change of name was approved by the company's shareholders at the extraordinary general meeting held on November 15. The American depositary shares, every three representing two Class A ordinary shares, of the company, par value $0.001 per share, will begin trading under the new corporate name on November 15. The name change has no effect on the company's ticker symbol, which will remain (RERE).
GOTU

Hot Stocks

05:17 EST Gaotu Techedu to cease offering tutoring for K-9 students by end of 2021 - Gaotu Techedu provided business updates following the recent regulatory developments relating to after-school tutoring services, including 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 of the PRC and the related implementation rules, regulations and measures promulgated by authorities. In compliance with the new regulations, the company will cease offering tutoring services related to academic subjects to students from kindergarten through grade nine by the end of 2021. The company expects that the cessation will have a substantial adverse impact on the company's revenues for the fiscal year ending December 31 and the subsequent periods. The company will continue to consider appropriate strategic opportunities that can effectively leverage the resources and knowhow accumulated through its past K-9 Academic AST Services, and will provide updates as appropriate. The company will also continue to operate its business outside of the K-9 Academic AST Services and shift its focus towards developing course offerings and services for professional education, explore possibilities in digital products and vocational education, and continue to provide quality learning experience for its students. The company is committed to complying with all applicable PRC laws and regulations, including the new regulations. To this end, the company will continue to seek guidance from and cooperate with all relevant government authorities in China in connection with its efforts to comply with the policy directives of the new regulations. The company will further adjust its business operations as required and provide updates as appropriate.
TEDU

Hot Stocks

05:13 EST Tarena, buyer group terminate plan of merger - Tarena announced that the company and the buyer group consisting of Han Shaoyun, Ascendent Capital Partners, Kidedu Holdings, Kidarena Merger Sub, a wholly owned subsidiary of parent and Kidtech, a wholly owned subsidiary of Han Shaoyun, have mutually agreed to terminate the previously announced agreement and plan of merger, dated April 30. All parties have entered into a Termination and settlement agreement with respect to the mutual termination. The company and the buyer group parties were in disagreement on specific terms and conditions within the merger agreement. Subsequently, the company delivered a written notice to the buyer group parties on September 30, informing them of the company's intention to terminate the merger agreement. In order to resolve such differences, the parties engaged in discussions to proactively explore solutions. Ultimately, all parties mutually agreed to terminate the merger agreement and release the parties' obligations thereunder subject to the terms of the Termination Agreement. Pursuant to the termination agreement, in connection with the settlement and mutual termination, the buyer group parties will pay a settlement payment of $3.53M to the company by November 26. The merger agreement will be terminated upon receipt by the company of such payment in full within the aforementioned time period.
BA

Hot Stocks

05:07 EST Boeing,VSMPO-AVISMA sign MOU for titanium supplies - Boeing and Russian titanium producer VSMPO-AVISMA have signed a Memorandum of Understanding, or MOU, affirming that VSMPO-AVISMA will remain the largest titanium supplier for current and future Boeing commercial airplanes. Under the MOU signed by company leaders at the Dubai Airshow, Boeing and VSMPO-AVISMA will work together to: increase utilization of their Russia-based Ural Boeing Manufacturing joint venture; increase R&D investment and continue to develop new titanium alloys and technologies; explore new opportunities to expand VSMPO-AVISMA's role producing titanium parts and components beyond raw material or forging, for current and future Boeing commercial airplanes.